Sorry to say you talk like you’re there , if you’re there , you won’t be here . If you’re not there how you know they never step in mamak lol 😂

If you have cash on hand you have plenty of choice. with 900k budget can go straight for landed house. Landed house can hold the value and appreciate while nowadays most condo if not all are not wise to invest anymore.

If condo 1200sqf price around 500k-600k for own stay still okay but if for investment not worth. Some people said can rent the unit out and get return like RM 2k monthly. Yes, at first 10 years maybe can get RM2k rental monthly if lucky, but when condo is getting old the rental can't go up or worse it might get lower. There must be new condo built around the area and people may want to rent a newer unit with similar price. This had happened around Wangsa Maju where the old PV rental drop and getting more and more vacant unit due to more and more new condo built. Supply more than demand.

If you have cash on hand you have plenty of choice. with 900k budget can go straight for landed house. Landed house can hold the value and appreciate while nowadays most condo if not all are not wise to invest anymore.

If condo 1200sqf price around 500k-600k for own stay still okay but if for investment not worth. Some people said can rent the unit out and get return like RM 2k monthly. Yes, at first 10 years maybe can get RM2k rental monthly if lucky, but when condo is getting old the rental can't go up or worse it might get lower. There must be new condo built around the area and people may want to rent a newer unit with similar price. This had happened around Wangsa Maju where the old PV rental drop and getting more and more vacant unit due to more and more new condo built. Supply more than demand.

Seeking advice from veterans here. I'm 28 this year and in the process to purchase my 1st property with the help from my parents. I am planning to buy a 1.6k sqft unit (ayanna residence) in bukit Jalil. What bothers me the most is the extremely huge amount of money thrown in here and I would like to sell it in the future to purchase a bigger house upon nurturing my family growth, as I'm planning to tie the knot in 1-2 years. I have asked my friends and people around me about the pros and cons of the property. Some say location its good, some say its bad. Why buy such an expensive condo when you can get a subsale landed at a cheaper price? Condos are the worst investment, you will definitely lose money and the list goes on.

The reason why I chose this condo because of its price and location, nothing more. Its close to the highway for me to travel to my hometown in melaka and go N9 & Shah Alam for work. Going to central KL/PJ will be a hassle, but I'm willing to sacrifice for the latter options. Food, mall and other amenities is near me, so I can ease in my new life here in BJ

Back to my question, is it wise for me to dump such an amount for a condo? I'm very worried that I could be making a disastrous choice, but houses are getting so expensive in KL and apparently the norm to obtain a 1k sqft+ property condo is already starting at 600k+. It is my 1st property and I don't want to make a bad decision that will affect the rest of my life thinking that I could have used the money to invest in business or something more worth

Hi guys! Appreciate all the replies and I apologise for not responding earlier as I’ve been dissecting all the inputs on what steps to take next. My loan process is still ongoing, so nothing is confirmed yet.

For those wondering, my parents are planning to invest rm300k as downpayment. I wouldn’t say I come from a very rich family, only slightly above-average. Our family business was kickstarted by my late grandfather who is very wealthy. Yes, I stay in a corner semi-D landed in Melaka. My dad specifically love the idea of condo home because it’s very convenient and gives a holiday feeling.

I will be exploring bk5 and other sub sales nearby from the recommendations of the forumers here. It’s just less than 10 min from ayanna and most importantly - freehold. Previously, I’ve searched for sub sales in bandar kinrara, but I only looked at Jalan TK/DU which was leasehold and I based the entire houses in bandar kinrara as leasehold which was very foolish of me

Stirring my decisions based on the investment side on rental returns and capital gains is not my strongest point, but I entirely believe that landed is definitely on the safe side

Thanks all again for the effort to answer my doubts, I will explore more of BK this week.

True and not true...

Condo still a better choice to invest but need to very picky and choose wisely...  landed need to have very strong holding power before can monetarized your investment...

both is right depend on your financial, commitment and investment appetite...

good property can hold value plus generate good rental income... now very difficult to find... but still available in market... it very seldom appear in this lowyat forum la...

Condo price wont appreciate is just a myth (especially in KL area). Actual case: A 30 year old medium low cost leasehold apartment in Cheras (69 years lease left) now valued 250-300k. Original SNP price around 60k. And this is not just for 1 apartment, this is common around Cheras area.

And these apartments current rental rate is RM1200-1500 (750sqft, no balcony, NACO window) with plenty of new condos built around.

Invest in property is not a good choice like 2000 - 2015. Even the property price in Desa Park City is stagnent. My friend now stay in WS2 and S&P price is almost RM1m. He is planning to sell for some years at RM 1.2m but till now still no news. In ipropxrty many unit listed as RM 1.2m but in real world people hardly pay more than RM1.1m to buy it. My friend was renting to foreigner when the WS2 VP at RM 3k. After 2 years tenant left and unable to find a new tenant, by then he move in. The monthly instalment is about RM4k and maintenance is maybe around RM 400.

In year 2015 I almost bought a unit in Koi Prima puchong 1055sqf at RM550k (before 10% discount) and now the 2nd market price is RM 350k only and negotiable. I got few friends bought condo in Puchong, Bukit Jalil, and Kepong around year 2013 - 2018. None of them able to make profit for the high rise property from S&P price if they sell it out now. Plus nowadays new condo projects are offering 2 carparks and free almost all kind of fees, the 2nd market is getting tougher.

Condo price wont appreciate is just a myth (especially in KL area). Actual case: A 30 year old medium low cost leasehold apartment in Cheras (69 years lease left) now valued 250-300k. Original SNP price around 60k. And this is not just for 1 apartment, this is common around Cheras area.

And these apartments current rental rate is RM1200-1500 (750sqft, no balcony, NACO window) with plenty of new condos built around.

Invest in property is not a good choice like 2000 - 2015. Even the property price in Desa Park City is stagnent. My friend now stay in WS2 and S&P price is almost RM1m. He is planning to sell for some years at RM 1.2m but till now still no news. In ipropxrty many unit listed as RM 1.2m but in real world people hardly pay more than RM1.1m to buy it. My friend was renting to foreigner when the WS2 VP at RM 3k. After 2 years tenant left and unable to find a new tenant, by then he move in. The monthly instalment is about RM4k and maintenance is maybe around RM 400.

In year 2015 I almost bought a unit in Koi Prima puchong 1055sqf at RM550k (before 10% discount) and now the 2nd market price is RM 350k only and negotiable. I got few friends bought condo in Puchong, Bukit Jalil, and Kepong around year 2013 - 2018. None of them able to make profit for the high rise property from S&P price if they sell it out now. Plus nowadays new condo projects are offering 2 carparks and free almost all kind of fees, the 2nd market is getting tougher.

It is not wise to compare 30 years old property. My parents bought a double storey 20x70 house in selayang at RM 90k in early 90s. The house sold in RM 270k in 1998 and the current market value is RM 600k.

My friend's parents bought a condo in Kepong nearby desa park at RM 150k in year 2007 and the market price now is RM 400k. In the past condo or landed houses were cheap and affordable. But in late 2000 till 2015 the property price shoot up high, around 2016 or 2017 property price start falling until now. Look at the condo sold in 2015 at Cyberjaya, Kepong, Cheras, Wangsa Maju, Puchong, Sungai Buloh. Most if not all of these property price 2nd value now is cheaper than S&P price.

This is because they bought it long time ago at 60k . Today scenario totally different , no matter damansara heights or cheras .

Invest in property is not a good choice like 2000 - 2015. Even the property price in Desa Park City is stagnent. My friend now stay in WS2 and S&P price is almost RM1m. He is planning to sell for some years at RM 1.2m but till now still no news. In ipropxrty many unit listed as RM 1.2m but in real world people hardly pay more than RM1.1m to buy it. My friend was renting to foreigner when the WS2 VP at RM 3k. After 2 years tenant left and unable to find a new tenant, by then he move in. The monthly instalment is about RM4k and maintenance is maybe around RM 400.

In year 2015 I almost bought a unit in Koi Prima puchong 1055sqf at RM550k (before 10% discount) and now the 2nd market price is RM 350k only and negotiable. I got few friends bought condo in Puchong, Bukit Jalil, and Kepong around year 2013 - 2018. None of them able to make profit for the high rise property from S&P price if they sell it out now. Plus nowadays new condo projects are offering 2 carparks and free almost all kind of fees, the 2nd market is getting tougher.

wat is WS2?

Westside Two

Property investment is not a short term flipping. 30 years with 5x original S&P value is normal, with the inflation etc. And 60k in 1990s aint cheap, it was equivalent to 200k today.

So now if you see 900k condo, don't think it can't move up anymore 30 years later. Just have to make sure the S&P price is not a future price set by greedy developer (look around). And the location must be correct. If you are not sure, don't ever buy ulu place, either landed or highrise, it's a gamble.