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

900k better buy intermediate terrace in bk5.

not too far from bukit jalil and landed appreciation is better. high rise is very oversupplied now.

why dont go for lelong property can get much cheaper.
and, first property usually people will make it as an investment asset which come with lower cost & higher return.
now, you may do your own judgement on it

Well, 900k for a condo not in the city center - i think not a wise choice .... 900k still can get lovely landed house. Not sure how much can a condo appreciate in that area. To Rent condo later is probably easier than selling high-value condos.

I suggest you get a lower value property(condo) because your planning to sell in future - just say RM500-600k then after 10 years it appreciate to just say 900k-1m then its easier to sell - but if you already bought for 900m and next 10 years it will be around 1.3m for me i think it would be hard to sell at that price .

This is just based on current economics and experience in buying and selling property.

And I think getting landed property while we still can afford is an opportunity because maybe in 10 years it would be very hard to buy landed property in urban areas, as prices would be mad high.

This post has been edited by vin6: Oct 20 2023, 11:01 AM

Around BK5 are better choice...
Even Around condo KL could could get 1 at 900K price tag. WHich has more buyers to play around
900K condo at that area, probably has no space for the price to go up anymore...

One should buy affordable unit and trade up with rising income. jumping into overpriced unit is almost certain will be trapped in mortgage prison like many others.

This post has been edited by icemanfx: Oct 20 2023, 11:22 AM

hmm where is your office?

Own stay ok, if don't bother about capital appreciation.

BU9 condo, 12 yrs ago my fren bought 1.2mil, now also still 1.2mil.

How about 1200sqft? If it's enough for you there are new condos around Sg Besi, Desa Tasik, Cheras can get around 500-700k. Better location. For me 1200sqft is enough already with 2 kids max. 1600sqft for a condo is considered enormous.

At that price point better to buy a landed if strictly talking about preventing loss of value.

How much are your parents contributing and will they be moving in with you? That may affect your purchasing decision. If your parents are encouraging you to buy this specific project with a significant cash deposit, then you will have to consider if this house really is for yourself, or your parents just tumpang your name to buy something they want through you (because your age can get long loan tenure compared to retiree/near retirement parents). If like that, you might not have much choice on whether this is good property or not, especially so if you'll be bringing them into the house as well.

If they're just passively helping you buy without really caring about location/project/type etc. AND you do have some conscience/filial piety about making use of their gift money wisely, I would advise either:

1) buy cheaper, but smaller high rise (approx 850 to 1000 sq ft). As you've mentioned that you're only marrying 1-2 years later, a small home is less of an issue until your child (or children) get older. Wouldn't aim for super new launch construction in this case, more important to get a home that you can move in before or soon after you're married.

1.6k sq ft IMO is somewhat excessive for a new family unless you have other dependants (parents etc.) moving in and/or you're 100% sure you're unlikely to move from your job location for a decade or so. For comparison, an average single storey landed is approx 1200 sqft - 1400 sqft for the LAND parcel size, not the built up (liveable) size.

Unless future spouse wants large home AND planning to chip in, no point buying excessively large but burdensome property since you yourself unsure of whether it's an ok investment.

Consider also that a larger unit = more maintenance fees, since your lot is larger so your total maintenance fees per month would be higher. You also need to spend a lot time cleaning and keeping home clutter free, unless you can afford maid.

2) buy an older landed property that meets your requirement for size and location. At that price range, there's still a decent selection out there, just bear in mind consideration of renovation and fixing up older things etc.

This post has been edited by DragonReine: Oct 25 2023, 10:47 AM

Current property situation , anything above 500k only buy for own stay if can afford , not for investment .

Don't listen to them if they say better buy landed. Landed ain't better, is the location is bad for your convenience. 900k for a landed at Elmina is no better than Bukit Jalil condo, even it's bigger.

I look at investments similar to any stages in life that we go through.

Take small baby steps. You dont simply skip to additional mathemathics in primary school. and you dont straight buy a BMW the moment you graduate.

Although you MAY be able to afford it, but its crucial for you to start small. So that even if you made a mistake, your mistake is small and you can easily get back on your feet.

In the future, you can always upgrade. But downgrading is much harder, especially when its in a huge loss.

Just my 2 cents.

Just rent lah
Buy for what since you know it’s not what you want and it’s just to serve a temporary need.

I don’t think the rental can cover installment so it’s not an investment; it’s a liability.

You want milk don’t buy the cow. You *can* buy the cow doesn’t mean you should. Also you’ll have to deal with the cow dung.

1600sqft condo wont be easy to transact in secondary market if you wanna make some money from it... be it KLCC area or BJ area... lol... better consider to stay in it forever if you reli wanna commit this much for first house...

buy small condo 800sqft @ 300/400k, keep rest for next investment

later can rent out if not using yourself

This post has been edited by hightechgadgets8: Oct 20 2023, 12:27 PM

If your parents can give you a 900k property, BUY !

If you have to work your axx to pay the instalment, DONT.

At 900k, landed bro , get landed...

If got that much cash and super like BJ area, just buy subsale, cheaper and plenty of choices. Paying 1.6M for a condo in the suburbs, really siao.

Wise if you can you annual income 1M...that one okay

900k and need to sell within 1-2 years later.. i dont think property is a good choice.. what if you cant sell it that time? 900k stuck to this property..

Landed subsale in prime area actually worse, if you plan to stay yourself. Every views blocked by those new high rise condos, can't see nothing. Bad safety. Need to fork out more for repairs & renovation. Traffic jams in front of your gate. Outdated look compared to those new condos. Noisy if near train tracks. It is only good for the land value (investment), nothing else.

Let me advise you something.

If you did not earn that pot of money, you will not know how to keep it.

Better for you to just start your first house with affordable housing and work your way up from there.

Having capital injection from your parents will just give you a false impression that a property is cheap, when it is super overvalued.

When you have to use your own money, then only you'll feel the pain of it and make more calculated decision.

I think many ktards forget this point

fama foundation wins ALL

If TS parent is well to do I would say go for it

dont need to wait just use up their moni

If u 0 fama foundation its conlanfirm NO for 1st prop to straight buy 900k unless u CEO monthly salary 50k

dont put all ur salary into just 1 prop

next month will build another nicer condo next to yours

which terrace in BK5?

Some don't understand that it is actually Pama decision and money.

TS has no say.

This post has been edited by mini orchard: Oct 20 2023, 03:25 PM

landed bro, gonna get real expensive in future.

lucky dude who has fama to sponsor you.

It is a steal long as you like it ..

Location wise is easily accessible to literally every where ... Good amenities and infra around the neighborhood too

You shouldn't think more if i were you

Define dump here, as in cash purchase ?

This post has been edited by jojolicia: Oct 20 2023, 04:17 PM

how much is the monthly maintenance fee ? if u are okay to pay monthly, then its fine.

with RM900K is good to secure a decent second hand house in puchong or kinrara.... long term the price of landed is proven better than high rise.

People still think capital appreciation is linear. Buy 500k now will be 1M in 10 years.

TS maybe settle for something more intermediate that you know is easily rentable to young professionals like yourself when you upgrade. 1k sqft at around 600k sounds fine.

Landed is always the best.
Just select carefully in good areas and survey first the surroundings for any future high-rise developments, high tension cables, etc

Cut it short... buy landed at matured area where Chinese population more than 50%... sure wont get wrong one....no need scientific analysis and guru talks...

those cakap landed apa bagus?... all got hidden agenda... either no duit or never living in landed...

For many diy beginners, I don't think someone will buy a 1600 SF condo.

Anyone with that budget and age will likely be now living in a detached house and maybe with a pool. So used to large spaces, a 1000 SF doesn't fit 😄

I don't see how a terrace will fit into the plan and capital appreciation is not always a priority with that background.

Maybe someone having a unit in klcc can shed some light 😂

And get ready for the ugly facade and to reno easily 200k above plus no gates guarded . Zzz

I can agreed with ugly facade or no GnG but additional 200k reno is no issue for a beginner with 900k budget.

Then which project u can recommend??

That fit all your requirements 😏

If the RM 900k can only spent for your own house but not for other purposes, then just buy a landed house. I wouldn't think twice with such a strong FaMa foundation.

If already have one landed, is 900k condo still wise?

I wouldn't say is a bad decision for all.

Kepong? Cheras? Seputeh? Serdang? 😁

900k better but landed property at alam impian.

I don’t know la but what I know is youngster Nowadys step in landed geli geli want need hack and redo all and smelly bla bla bla . Hence they go landed with lesser headaches . Afterall is just a place to stay .

Far af . Chinese say Niao bu shen Dan . Friend want come your house also sien

900k project is easier than buying a 500k Subsales .

My dear friend, please do better research about the developer's track record before paying gold for copper

His current choice is already good with the location with RM560+ psf. Just need to research more for better views, convenience, facilities offered, better traffic area etc. Plus he might not need that big of a space, so can save more.

For ownstay and take important for quality living this big size unit and location ts choose I alright. But for resell value Definately not as good landed surrounding. I personally mark this condo as ownstay design condo as the price is high due to freehold title. But I will not recommend ts this project is not for long term ownstay (more than 10year) as my opinion condo is more suitable for investment purposed and rental. Plus now dbkl already banned partition room, so it's very very hard to recover the interest.


But for ownstay expect without talk the condo appreciate value, this condo and the size Ts choose is fairly ok compare to the surrounding landed house. Direct comparison for opposite landed, I not sure it 2 storey or 2 half storey but it marketed 1.2m to 1.3m. But 900k can get 4 bedder 3 bathroom and 1 store room is sufficient with a family or 3 generation together will current less children family. Parent can stay at masterbed room, couple can stay another masterbedroom. And there are another 2 room for feature children very sufficient.

900k cash + loan (top up) can get landed at very prime area already

"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"

yeah i agree sub-sale prime location. But from what i can see the TS talking, i believe he have a very huge house at the Melaka? He seen like often go to shah alam & negeri 9. With 900K cash i think TS is from a rich family, so he are looking for condo sometime he is more considering easy management. Condo with security and strata easy manage compare to landed house. And for people already have big house stay, sometime they are more enjoy about the highrise for the good KL city view + resort style facilities lifestyle. Make sure he pick a right direction so that the view of the condo is nice.

Imagine if he currently staying at semi-d or bungalow at melaka but choose landed at prime area double storey, actually the living experience is not huge different compare to 4bedder condo at city. And everytime if his family member want to visit the TS, condo bring more resort and holiday mood feeling to his family member.

But its depend on TS.

If today he is asking for investment advice, this project definately out, but if project comparison surrounding Bukit jalil, i think ayanna still have some worth point. If condo vs landed for appreciation value, then form beginning he may start asking landed house question but not condo kind question

Condo will always be a no-no for me. next to no capital appreciation and extra cost in maintenance for facilities you'll rarely touch.

as majority of others have said, with a 900k budget, better landed. especially if already have plans to dispose in the near future.

Asking such a question in a public forum like this and u'll get too many opinions and views from people with their personal biasness.

If ur buying for own stay, it really depends on whether u like the location and product or not. I've heard the presentation from Chin Hin's management on Ayanna before, I must say the layouts, design, concept and partially furnished package vs the price point is very good value for money, especially compared to the surrounding like Sunway Flora. But take cognisance that Chin Hin's recent product delivery has been very much below expectations.

On condo living, I've lived in a landed all my life and transitioned to condo living few years ago. I must say its a very good decision and I cannot imagine myself living in a landed house anymore.

If ur looking at it from an investment standpoint, then a 900k investment for a condo at that location is unlikely to bring u much capital appreciation or rental returns, unless perhaps, Chin Hin really surpasses expectations beyond what was promised (but i doubt so). Moreover, 1600 sqft will cost u a bomb for maintenance fees.

Perhaps, if FOMO is not affecting u (or ur parents), u can consider revisiting Ayanna later on when the product is close to completion so that u can have a better idea on its quality to reduce ur risk. At the same time, visit many many other properties to open up ur comparability vs Ayanna.

Good luck!

Pls visit Andes to get answer … you statement just too many guessing

The location is not really bukit jalil. This is actually kinrara.

If there's 3 categories of Bukit Jalil prime, Bukit jalil fringe and fake Bukit Jalil, Ayamna falls into the 3rd category

Prime =km1
Fringe = the rainz
Fake = Andes and this ayanna

Very prime ? 900k where got landed . Unless those geli geli want more than 20 yo . Neighbour no quality . Better condo close the door who’s your neighbour not your problem

If 3-4 persons in a household, ~1200sqf is good enough imo.

1 person 500sf . Sufficient . A family of 3 . 1500sf . Etc

1 person 500sqft too luxury haha. Even a landed house 20x60 1600sqft need to fitted with 5 people, so its very depending on the layout design for a highrise project

I think a good layout better have 3bathroom with at least 3bedroom. Now a day majority condo standard with 3room 2 bathroom design. Its ok for a family use but if it for investment, then less 1 bathroom can be a lot harass especially live by girl tenants spend longer time at bathroom during morning time.

I ever live at a condo with 1200sqft but the design is 2bedroom 3bathroom (1 masterbed, 1 common area, 1 yard) the living hall is very spacious but waste of place better design it became 3 bedroom & 3 bathroom.

1. Can further explain "help from parents"? Ayanna is offering 13% rebate iirc, hence no DP required, no acquisition cost too like legal fees, stamp duty etc.
Age doesnt limit your property purchase, your financial profile is. If you're financially well and can afford 1 mil property, why not?

2. If you already plan to sell it in the future, so ignore those advice saying "if you like it, just buy since you're buying for own stay". You must think of the exit plan at the time of your purchase. Not only exit plan, but also holding plan in case you cant sell. Can the rental cover your instalment? I agree to what Bigman bro suggested go for somewhere where chinese population is >50%, the more the better. My condo in Wangsa Maju, despite fetching good rental, want sell also no value, just cover cost only. Prime part of bukit jalil want sell also not easy d, kinrara? err...

3. You're going to tie the knot very soon, go for subsales, look for those completed recently or going to complete soon especially your parents willing to help. Buying new project for own stay is a gamble, everything based on imagination only. And many things can happen in 4 years, you may want to change your plan but got stuck with this.

4. Some say always avoid condo and go for landed, I only agree to a certain extent. I will only go for landed at good location, GnG, freehold and if my family grows bigger. I had been staying in landed for 30 years before I moved to condo 5 years back. Me and my wife prefer condo over landed. Easier to take care, less house chores to take care, facilities for our kid to enjoy, better security etc. 16xxsf is never too big for a family of 2 or 3. I'm staying in 15xxsf unit with wife and baby, just nice. If financial allows, go for bigger unit. Dont be afraid to rent, although chinese always prefer to own a property. I own properties but I moved out from my own property and rent a unit in Park 2 Pavilion, best decision ever. My rental is 50% lesser than the instalment and maintenance charges if i were to buy a unit here. You can rent first and wait for Ayanna to complete, then go see yourself and buy subsale. I believe the price wont appreciate a lot by then but you elimate all the risk.

5. I'm actually quite surprise many say this is a good location. With the upcoming Ayanna and Vierra, and also plenty of vacant lands nearby, you might want to check the access roads during peak hours now and imagine how it's going to be especially rumawip has 16xx units and most of them come with 1 car park.

Having more space never goes out of style. But if the ultimate dream is to have a nice landed somewhere, shouldn’t one focus on a decent unit that can appreciate and aid in that goal? Can a 1500 sqft unit in Bukit Jalil do that for you? If you are happy to buy it and live in it indefinitely that’s fine but does it work as an investment later on if this is a stepping stone unit.

People from other states are very malleable and potentially think in very simplistic terms as they have minimal ties and understanding of micro locations. Being close to a highway to drive home is not a valid reason to buy something.

after so many advice. TS just keep silence...then better go and google it

TS why not look at Aurum Sri Petaling? Location definitely better than Kinrara

and back to square...

better rent the unit first then decide later after get familiar wit the area...no need too rush to put money into... cash is king...

i think kinrara BK5 is much better. walkable glocery shop, LRT station, fitness center, food court, and surrouded by mature township

My 2c on the 15xx sf unit doesnt relate to this ayanna purchase decision. I was referring to the idea of getting big size units after we have more than 2 children or plan to stay with parents which i don't agree on it. If you noticed, i mentioned i rent a 15xx sf unit in Park 2, if I were to buy a unit of Park 2 during its launch (which i booked but cancelled afterwards to make way for Aster), I would have bought a unit around 1000sf. For own stay, it's always better to buy a completed unit which fits your current requirements and preference

Well, one man's medicine is another man's poison. I believe every areas also sure got people wanna stay there.
Aurum got MRT2 and also in a mature township itself

if you can afford Park 2...then aster just a peanut for you.... unless you buy 2 biji aster 6xxsf to replace 1 biji 7zzsf park 2.... or 5 biji aster 6xxsf replace 1 biji 1500sf park 2....

2 development is totally different league ...one is affordable TOD at Cheras another one is the most expensive high end at Bkt Jalil...

sorry... i dont see any logic behind your cancellation since you emphasis on own stay.... cos aster for me is product more for investment than own stay....

Back to current market, subsales at Aster rather stagnant with few lelong units kick in… but I believe the rental demand is there (rental follow market price ) cos direct attached to MRT…

For the park 2 … rental should be ok as well and unit for 1500sf now can sell at nearly 1.9mil… the asking price over there about 1000psf depend on unit… for unit facing park with balcony … asking price May higher

This post has been edited by bigman: Oct 23 2023, 10:29 AM

aurumn is not township ya...is stand alone project which attached beside matured area Sri Petaling....

yes.i agree aurum is not within township also. if really want to relate it to a matured town, probably its just at the most border of sri petaling. cant really relate aurum with any walkable amenities.
talking about near to MRT, i believe some might has mislook that you need to climb the 800m slope on the way return to your unit.
long distance+slope = worst case senario

This post has been edited by shaoching: Oct 23 2023, 10:17 AM

For gen-x above minded yes. They always go for traditionally bigger house, must be landed and all. But for the current generation, they don't need too much space. More space = more maintenance = more cleaning. Mostly just need the facilities offered by condos. More activities instead of bigger living room (don't even use every space most of the time).

Actually the slope is quiet gentle … no problem at all for normal healthy person… only worry about raining day… cos no cover walkway provided …

if i were you i'd look for subsale.

8th&stellar do promise their purhcaser for the covered walkway. however, dint see any progress yet todate.
anyhow, i believe the walkway will be congested as need to serve stellar,aurum,serina & comercial lot.

I have 4 units in Aster if u wanna know.
I bought 2 side by side units for own stay as my parents staying in cheras.
As i said, plans always change. My wife prefer to stay in Bukit Jalil

Sold 1 unit in Aster bought at 534k at 650k...stagnant?

And also Aster so far only 1 unit got auctioned off at first round auction, second unit called off d

This post has been edited by Fat3Twister: Oct 23 2023, 02:50 PM

I was saying Aurum in a mature township, which is sri petaling.
Never did i say aurum is a township

wow...big boss here.... instead last time i'd drop 2 units booked in aster and switched to Tropika at Bkt Jalil and landed at Elmina...

hehe...diff people diff appetite ...cannot say which right which wrong...

anyway i got units at park sky ... even on paper untung 2xxk plus per unit...but for me still stagnant when considering minus inflation and deprecation of Rm....

Big big boss's strategy is different, focusing on CA while small potato we need to have the cashflows, else my name will appear on lelongtips.
There's no right or wrong, go for the one we are comfortable with

Anyhow, the main point of my post was to tell TS if wanna buy project, dont ignore the investment value coz we wont be 100% sure that we will be staying in as plans changes.

hi boss, want to get some opinion from lowyat senior

let say for 2 sty landed freehold link house, which would be your pick?

1. Puchong Bandar Puteri / Bandar Kinrara 22 x75sf rm1.2m (very new house)
2. PJ Bandar Utama 22 x75sf rm1.2m (about 20 years house, need some reno)

tq

for me I will go for newer development.... my choice is number 1.

1.2mil only can get subsales.... for new development at Bandar Kinrara.... now already 1.5mil onward...

if you can get 1.2mil in BK8. terus grab... for BK 5, choose Desiran, Melody, Hening...

number 1

connectivity is good just need to endure some jam but u go everywhere u got entertainment for young to old

thanks for reply

yes bk8 landed shoot up tremendously post covid, FOMO maybe?

perhaps need to look to older phase like bk8 emerald, sapphire or bk5

the old bk8 now asking price at 1.3mil onward... 1.2mil already got few transacted ...last year i nearly get sapphire 1.2mil...but unit grab by other without viewing...

recently just bought corner irama villa... price still below 2mil... but can foresee ... price will keep uptrend

buy shoplot seri petaling

This is an example of rentvesting. He bought units he rents out and he rents at a bigger upper class place which often can’t justify the price if it’s not an expat zone. More people need to think like this.

People are not always at the bottom of the food chain. As one progresses then their appetites and tastes will change as well. Who’s going to absorb all the bungalows in Damansara Heights in the future if not the current generation who are doing well? Privacy, community and space is ultimately the biggest luxury a person will pay for in terms of property.

That's the point. Extra large houses will be less relevant in the future, doesn't matter how much money you have. It will die with the old generation. Another example nowadays is the taste for sports car, it's dying.

People will only prioritize with the quality of space, location quality & how tasteful you are with your ID selection (can see its getting started now in TikTok).

Ask your parents at least sponsor you super heavy downpayment like few hundred K la. Then its worth it like that

Bu la for sure . ATAs then Kinrara 99 street .

I don’t think so. Large luxury mansions will always be a status marker and be desired if you have the money. Don’t think through the lens of working class. The elites are your business owners, celebrities, inherited wealth etc. if you’re a multimillionaire, you still want to cram in with other people in a high rise?

nowadays new houses built are getting smaller. large houses will always stays relevant especially you are T20. its a matter whether u can afford.

Nowadays highrise ain't cram like the condos 20years ago. These elites you mention mostly have highrise properties in prime area, and they use it more than the mansions far away from the city. The status marker you said is very grandpa mindset. Like when you have money must buy Rolex, Ferrari etc .

TS MIA after posting now tered derail adi

if one's single/couple, they will chose for affortable properties and go for others thing than can make up their status in front others.
if one's with family/married, they will get a bigger house to upgrade their living status for themselves.
with the condition both option having the same fund on hand.

so, i think diff generation might has some impact on their decision, but changing of mindset through changed of personal status will make up the bigger trend.
just my thought.

This post has been edited by shaoching: Oct 24 2023, 10:39 AM

I own few properties

You got the right advice from your friends and family. Always buy cheaper for first property

When you want to get marry you and your spouse will likely decide to stay elsewhere

as usual la, once no more benefit, everything is disposable.

There is a trend where the aged parents who are well to do and used to live in big bungalows sent their children overseas etc. Then the children became independent and bought their own properties. The parents passed on and left the big house to their children but none of them want to stay there because they will need to spend money to renovate and/or they will have to buy over their siblings share in the house or simply the house is too big to take care of in their busy lives. Thus you can see many empty bungalows. And buyers of bungalows worth millions are quite scarce.

Someone posted BU or BK? answer depends on where your circle of family/friends are and work place is. All things being equal, BU for me.