https://theedgemalaysia.com/node/763817

Wow strong demand! Overwhelming oversubscription. 3,000 applicants for only 492 units.

hot location

It's actually not considered to be affordable project to me. Units which come with 2 car parks which come with a renovation package, priced at RM490k round up it's RM500k, and it's fixed. Most of the units come with packages. Hence, basic units at RM390k are limited, whereas one has to pay up to ~RM500k for units which come with most expensive package which come with 2 car parks. Most first time buyers won't be able to afford RM500k, not to mention high monthly maintenance fees RM350, and bearing in mind the fees won't go down and will only go up to RM400+ in future due to limited units and facilities which come with swimming pools. Maintenance of swimming pool is not cheap.

The maintenance fees for Residensi Brickfields just located beside this project already cost around RM300+/- and residents are already complaining and demanding for it to be lowered. They are just waiting for the management to be replaced to get the monthly maintenance fees down and some other issues which are not properly managed. This is still acceptable as there are not many facilities at Residensi Brickfields, but this new Awani project has swimming pools and presumably more facilities, and less units so the maintenance fees will surely be higher to cover everything as the funds come from less people.

I see you have asked few times if it's worth it to take this project, or good for investment or own stay etc. That's up to people to decide. Though to me, ~RM500k units with the most expensive package are risky for a allegedly 'affordable housing'. They force potential buyers to add in the renovation fees + additional car park (RM100k) thus bumping up the price from 390k to ~500k. If one can manage future monthly maintenance which is expected to increase to RM400+ in the near future, perhaps close to RM500 I'm not sure, then you can go ahead. The selling point is the strategic location close to the city centre and good accessibility