Sunway and MKH project - Jernih Residence Kajang.

650 sqf (RM0.22 per sqf maintenance)

RM398,000 - after cash back loan amount RM358,200 but house is RM329,000.

50m covered walk path to Sungai Jernih MRT.

What you guys think for investment?

Wait for sub sale price collapse then only get one unit

Look ok for TOD project, normal near to mrt is 3xxk but only 1 bed, and this one 650 sqf is a 2 beds unit.

And based nexus kajang rental rate if you go with fully furnished should able to fetch a good yield.

The cons needs to take note is surrounding still alot of old landed housing so future might be more apartment coming up.

This post has been edited by Jazted: Jul 14 2024, 11:41 PM

that’s why the price seem fine, but i’m not sure if got new condo projects coming up tak

seeing empty plot of land and some old landed house definitely will be new project in the future, maybe from Mahsing or MKH. Just other dont has the 50m walk to MRT distance.

what if tak jadi haha

this spot by itself considered not worth?

Not bad actually, but there's might be others project later...

It's good buy, since got covered walkway to the station which is plus point 👌

MRT is definitely good, but the "per square feet" price is over RM500, do you think it is cheap? And all this cash back project actually is to borrow from bank on your behalf to give back cash to you, you bear the interest. So can foresee once VP, price might drop to net price. Of course you might think it is cheap compared to those TOD which is nearby to KL. But uncle got friend and relatives all buy these kind of "TOD" thought will be good investment, end up on car and help their tenant subsided their rental and let them enjoy facilities . One bought the eko Cheras, one bought Bandar tun Hussein Onn just VP this year. Another uncle, more funny ,bought landmark and after VP only realised it is not connected to MRT, now want to sell still need to pay 90k to bank first before he can sign SPA. So all this happened because the pricing issue, once connect to MRT then charge with ex orbitent developer price, so here definitely cheaper if compare to other "developers price", but how abt real mkt transacted price???

I would suggest you to come here at least two times a week to do reckon, see what is surrounding nearby.

Not to say not far from this spot got one big mountain, full with Chinese graveyards, a huge area, U can see it when you park at multi layer parking at MRT.

And also, did your agent told you this site had been abandoned for more than 10 years? Until MRT is built then Sunway and mkh work together to revive it. Nearby is Chinese school, kpj hospital, and big police station. Don't think they will rent a Soho with such high price. Plenty of cheaper unit or room in nearby housing area, plus nearby no much eateries, this site is considered at the "edge" of kajang town. If you ask me, I would suggest you go to kajang 2 to have a look.

I am hard to believe ppl will move to kajang, spend 1.5k for one Soho rental, then spend 30 minutes to take MRT to KL. If Bukit bingtang need abt 40 minutes ya

Normally if i see a good investment option, i’ll create a thread here to get feedback, almost every option i shared kena hantam many people haha

this is the first project where response is good and many hilang. I wonder if the timing i post salah or really it’s a good opportunity

This post has been edited by santosh94: Jul 15 2024, 08:07 AM

Very interesting points raised. But how to actually avoid the problem with the real market transaction price? Isn’t it all like that? The best can possibly do is ensure the MRT is actually connected kan? That one also i not sure how to be sure, never expect ppl face issue like that.

Agent never mentioned place abandoned, i read somewhere there was project start by brunsfield or something and was left abandoned till about 2017 when Sunway announce take over.

Around that area Saville is the closest to Kajang MRT, All the other service apartments and condo is still about 15 mins or more walk away. So i see the traction of this project being the first where it’s literally under MRT, but i also have doubt on the appreciation of the rental rate cuz of the location. Need about RM1,700 to prolly break even. Mostly the range there is RM1,200 rental but of course must drive and park if use public transport or willing to walk la.

Isn’t Kajang 2 further into kajang? Like this is edge of Kajang so it’s closer to Cheras and the main city? My idea is that i don’t think people will go so far out of city center to sewa high prices, may as well stay nearer for lesser commute time.

So this 650 sqf is only come with one room right?

If you park at MRT parking, you will see a lot of old cars, plus many new branded cars also nowadays. To us, we don't mind stay further with bigger house and better surroundings and spend 15-30 minutes in the morning drive to MRT parking. There are many condo with 1000 sqf with 3 rooms in kajang area, more practical.

But anyway, uncle could be wrong as the last time I rent room was 15 years ago. U need to consider by how you can rent out above 1.5k per mth next time, will ppl outside move and stay at here? Take you yourself as example, I bet you are not Cheras kajang or Semenyih ppl, maybe stay in KL? Don't think abt anything else, just talking abt place to live, would you pay 1.7k to rent a unit in kajang and then spend 30 minutes MRT ride to KL to work? If yes, then maybe uncle's understanding is wrong. Like my niece, her father bought her an ativa, she stay in MK with boyfriend, only come back to twin palm on weekend

jernih ads pop up many times since im familiar with kajang and metro kajang area

ONLY advantage is this MRT walking distance and true TOD

other than that, its quite overpriced

includes kitchen cabinet and furnish all tat??

Tod, cheap price but the stations very far away from city centre. Better check out The Connaught One by Uem. Only 4 stations to maluri, but price higher lor. 400k for 2 bedroom units.

Along the stretch you can check out Emerald9, The connaught one, Nexus that nearer to city centre.

This post has been edited by Chonloo13: Jul 15 2024, 09:37 AM

😃😃😃

I thiought sold out liao

it was abandoned project, the project was revived in 2019 and sunway removed a few floor, heavily modified the design.

like chonloo says, connaught one could be better option.

my neighbour last year bouyght connaught one, and trhis year bought another unit at netizen, and sold his unit in sg long, cause both kids work in trx and pj respectively, he is a happy man now.


those kampung house i believe is malay reserved land? likely untouchable :X

This post has been edited by anakkk: Jul 15 2024, 10:49 AM

Tod everywhere but have to pick carefully also.. those 10+ stations only reach city centre one is useless.. unless you don’t have the budget..

Ur neighbour good buy lor for netizen and connaught one.. happening area with many chinese foods around

yup. have to buy those can reach work place in less than 1 hour better, too many station makes it less efficient, time consuming

first laucnh is Rm270k. now 365k

dont be a carrot

270k is SAMM unit- and only 550 sqft.