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.

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

Previously that site was left half constructed and abandoned by other developer. That developer bankrupt already due to financial problem.

So that place become haven for drug junkies, some say people do black magic rituals, etc at that abandoned place.

Then in 2018, this suicide happened there, a body of women half burned was found there.

News articles:

https://www.bharian.com.my/amp/berita/kes/2...angkakan-patung

Hmmm...15th floor as spelt in the article......Noted...Thx

need to avoid this level

Then should i buy this project? im very interested but i very scare of ghost

Not sure,

I just shared what I know about that place.

I believe most of the purchaser are outside of Kajang people.

when done?

Dear all owners, has any group chat been created for the Jernish Residence owners?

If there is an existing WhatsApp or Telegram group chat, I would appreciate it if you could invite me.

look at the fb community group. someone set up whatsapp group

finish sold?

good location beside mrt

This post has been edited by ahkit123: Aug 10 2025, 06:35 PM