Nexus kajang rental not really good, fully furnished initially advertised for 2k but my sis have to reduce till 1.7k to get tenant, if search now also a lot units renting for 1.3-1.5k partially furnished and yet not much takers

still new i guess, what is the sizes for renting at 1.7k?

studio? if studio than it is too much already

Not studio, biggest unit actually there

oh wow hmm i will say is about there, since the selling price is not high also

2 bedroom and 1 bathroom.

True, for me personally won’t make sense to rent at 1.7k to ride to MRT then travel all the way to KL. And it’s true, i’d rather stay a bit further and drive to MRT then walk to it if i can get cheaper rental and bigger space but for as long as the parking rate is feasible too.

But then sesat la uncle, i also keep looking for place with good prospects within 300-380k, proves to be harder than expected 🥲

This post has been edited by santosh94: Jul 16 2024, 08:07 PM

Empty unit, just with sink in kitchen, toilet along with wall shower. 2 bedroom and 1 bathroom

i think netizen is sold out kan?

what about Connaught One by UEM? is it a better option?

not too sure about that

Is a better option

Uncle don't have crystal ball, can't tell you what to do, haha.
But I think first you need to ask yourself why do you want to buy a property first. If your purpose is purely for investment, then ask yourself, in worst scenario, can this unit be used for own stay? I see the information you shared all seen like feed by agent, this is what I call "sell side" story, just to make you bite the bait. Maybe this project can make money, but do you have confidence on it and exit strategy if it turn sour? And can this be a house for you to get marry and stay with your partner with future kid? Or worst, do you able to cut loss with extra cash to settle short fall of loan?

Uncle used to be young before, during my day, the property price was booming, in just one year, landed price increased from 300 to 600, condo price easily became double once got the key, 180k become 400k in puchong area. Uncle' s gang also talk about property everyday, something like you must buy or else you will be loser, that kind of mindset. Same as the the "topglove" story in mco, haha.

But luckily I am conservative, only spend within my mean to buy an affordable double story in Semenyih, and after that met my gf who later become my wife, and over the years we constantly renovate it when we got higher income and big bonus, and frequently change furniture. This year we manay to sell it with good profit and moved to bigger landed house. While for those friend who bought with good location, good facilities, good reputation and hot selling condo project, all down in water after 2016. Some manage to cut off with EPF ACC 2, some got financial assistance from. One bought small 700sqf condo with two room during the peak in 2014, thinking can make very good profit, now mkt price is 150k lesser than his loan, and he got two small daughters growing up, soon running out of space, how to exit? Unless he got very high income to buy another bigger unit, which is impossible to him at the moment. The kids expenses are beyond imagination. Think twice before you make significant move in your life unless you got strong family wealth or your income is very high enough for you to take risk

every location has its preferer, but once the surrounding buyer wave is over, it is marketing or sales job to attract those buyer from outside the location to buy here

Great sharing from uncle.
Kasi satu like.

Oh wow, i’m staying in Bandar Tasik Kesuma. Very good advise uncle, you sure no crystal ball but got enough wisdom to give great advise. If i don’t think i’m ready to handle the risk, any other areas you advise invest in? property market too risky in happening areas, either probably i go to rural area that is now growing or look into landed cuz i heard landed no matter what the price still appreciate one, i hope so.

How is the sale of jernih?

I agree.

500 psf at kajang. Soho..

You will also be surrounded by many lower ses people who dump rubbish from their balcony.. And also rent out to Africans at 1k per mth.

Better save money buy landed there. Or save enough to afford a nicer condo.

As a person familiar with Kajang town.

The location of the Jernih project used to have a saw mill, then it closed down something like that.

And got homicide, suicide cases too at that piece of land so Kajang people use to say that place quite haunted.

This post has been edited by GOPI56: Dec 26 2024, 01:04 AM

Nowadays economy not good still many believe in buying house as investment.

According to stats from government website,

Total Units: 1605

Unsold Units: 514

Can I have more info on the suicide case and the ghost stories