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 PSV2 Residences, is it a good buy?

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TSlzSam
post May 30 2025, 01:24 AM, updated 6 months ago

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As per the title, can't find any info in the forum so decide to ask for advice. It is a project by Platinum Victory (PV), main con is Binastra.

Planning to buy for own stay, currently renting at Trion2 for RM2.3k monthly.

Priced at RM590k for 1313sqft, so RM450 psf. Maintenance + sinking fund is RM0.35 psf. Expected completion is late 2027 to mid 2028.


Located 7 mins walk away from TBS, facing the MRR2.

user posted image


Only worried about the surrounding as I'm not familiar with the area, I surveyed a little, PSV2 is opposite PSV1, right next to it got SASAR, and across the highway got PPR. I think accessibility is okay, can access most of the major shopping malls and spots within 15-20mins.

Would the area and surrounding affordable projects impact the house value in the near future? Considering this in case I want to sell and move to a different area after 5 years.


Thank you in advance.


TSlzSam
post May 30 2025, 11:50 AM

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Thank you all for the pros and cons smile.gif


1. I'm currently staying in a 300-units condo with 4 lifts, so moving to a 750 units with 6 lifts is a downgrade but not really significant?

2. The unit that I looked at is facing MRR2 because I wanted the KL view, but at the opposite end so not next to SASAR, the developer showed us the "soundproof" windows and sliding doors so if we don't open them then noise should be ok? I'm having this same issue with Trion2, also built by Binastra so I expect the soundproof quality to be ok

3. The traffic congestion, well usually I take the LRT to work, only drive on weekends or if I have appointments, but I tend to drive outside of rush hour, so hopefully this helps, but I'll survey the area to make sure

4. Developer and main con reputation, I'm not sure, ok ish? I've only stayed in KL for 8 months now I don't know most of them haha


5. My only major concern is the surrounding area, PPR, SASAR, high density, "quality" of people around me. Stagnant or decline in property value since there's high supply in the area. But I believe my entry price of RM450 psf is quite low? I've also managed to have my loan approved at 3.8%

 

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