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 Bukit OUG Condo, Any information?

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Phoeni_142
post Mar 10 2009, 07:24 PM

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IMHO, these are my own personal observations of the area.

1. Great price point if u want to own something for a very low entry price. I mean - 150k for 1,400 sq ft? wow.

2. For investment purposes, i'd stay far far far away from it. If you talk to some honest agents with integrity - they would also ask u not to buy for investment purposes.

3. I mean 17 blocks? 1,700 units? Talk about super high dense.

4. I have a few personal friends that stay there. Some of their cars have been smashed and robbed when they park at the side of the road. Just some anecdotal evidence of course. The security is lacking. I normally sneak into the side gate unnoticed and unquestioned.

5. I won't put the stats here.....but look at the transacted prices over the years. This is one of the few condo's which actually depreciate over time.

6. There's a reason why the maintenance is cheap. If u look with a trained eye, you'll see that the upkeep leaves much to be desired.

Just my 2 cents. Don't bang me. Like a friend once quoted - Another man's meat is another man's poison.

This post has been edited by Phoeni_142: Mar 10 2009, 07:26 PM

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