Recently, there is an agent called me and propose a serviced apartment cost RM1.54 mil (735 sqft), freehold and next to TRX tower. Extremely good location, worth to invest?

Any sifu can share your thought?

Thanks

This post has been edited by kuokkwee: Feb 23 2024, 01:41 PM

Cheap

2000psf. Genting got better luck!

if u can afford means worth la. u kenot afford ask apa

2k per sqft......wait lelong 800persqft maybe better choice..

Still cheaper and worth than the project sold at 3k psf and still terbengkalai until now 😅

RM 2k psf?

really trying to "lure" around some waterfish

so cheap. pls buy.

which project you talking about???

name of project?

which project?

Let me ask the agent for details

just search project related to Kempinski

okay...

it's 8 Conlay project

very big issues... delayed due to payment issues

The same range price offered when I go for Quill mall residence there also .. I think yours better perhaps?

Let me ask the agent for details

Just next to TRX, how Tobe con lay project?

All the best to you after buy it.
What's your plan if no tenant rent or need top up coz rental not enough to cover loan installment

No sifu here but an extremely pragmatic Karen. Can this place command double to triple the rent of your median 700-800 psf KV apartment?

The true quality investment developments like DPC don’t even need active sellers. If it’s VP and unsold and needs active sellers then there’s an issue.

Not a great deal if you’re Malaysian but might be ok if you’re a foreigner and this is one of few options to buy.

It's total different segment from klang Valley & Malaysia market. But as local I will said its not, but at international view and open market compare to other country then I will say it likely worth especially Malaysia currency is very low now.

Harlo agent , BBCC serviced apartment upcar , staff also rugi becoz below staff price now

Overseas buyer don't have access to other better deals available to locals meh 🤦

They have to buy above 1 mill. Most of the good value deals are below this price point as it is also at locals affordability.

Yea there are still decent deals at the 1 mill mark but more often than not they are actively sold to by SAs for overhang stock and don’t understand some of the nuance in the local market.

more like targeting to foreigners....

but biggest question.. they would buy or not??

because what I know... many who buy, always buy in Penang, Melaka or even in JB... esp Singaporean

If they dig a bit deeper than the truth comes out. High end property prices have stalled since 2018, the rental market in that category is very limited and the immigration policies are roti canai. So low confidence and we haven’t even looked at macro factors like uncertain politics as well as supply + demand factors.

bingo

expats market stagnation from before covid19 & gotten worse after

They can’t conceive or understand why our property prices have remained stagnant when on paper Malaysia is a very nice affordable country to live in with great infrastructure. Most OECD countries have seen property prices and rents go up by 30-50% after pandemic (your typical migration hotspots).

most actually bought at 1700

so those people naik kereta ready?

any reply?

Not sure if you will care when that doesn't affect your life much.

Not to invest. Purely trophy property to show off like Pavilion Suites

If locals won't buy a property just sell to foreigner and use all the buzzword

Cheaper than Singapore HK new York etc.