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 Kim Teng Park after RTS done will be safe?

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DM3
post Jul 28 2024, 05:10 PM

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QUOTE(plouffle0789 @ Jul 28 2024, 04:36 PM)
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Normally developers will provide cash compensation but not another new house right?

If a house is 1,200 sq ft and the compensation rate is RM 1,000 per sq ft, the total compensation would be RM 1.2 million.

Not every house in Kim Teng Park is big like 3000 sq ft......

Some homeowners might not want to move out of the city.

They lived at jb town city area for more than 40 years.

With RM 1.2 million, one could buy an older single-storey or double-storey house (about 1,540 sq ft) in the Skudai area only.
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Can la,pelangi area,sentosa can get less than 900k also
DM3
post Jul 28 2024, 05:14 PM

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QUOTE(plouffle0789 @ Jul 28 2024, 05:12 PM)
The residents live in 279 freehold residential and shoplot units located in an 11.3ha site built 60 years ago, making it one of the oldest housing estates in the city.
But there aren't many houses for sale in Pelangi or Sentosa.
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Got,need to look,some friends sold recently
DM3
post Jul 28 2024, 05:56 PM

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QUOTE(Knnbuccb @ Jul 28 2024, 05:42 PM)
last time i saw those taman abad area semi D/bungalow advertise for 800k -900k during cobis time

now i duno
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Ya covid time was low, pelangi area was only about 730k now at least 820k+
DM3
post Jul 29 2024, 09:15 AM

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QUOTE(Knnbuccb @ Jul 28 2024, 07:33 PM)
but fi buy to resell also wont untung much rite
coz need to take into account agent fees etc
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bought long time ago ,so now untung, well properties if for investment usually its for very long term.

 

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