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Investment Ameera Residence, comments pls :)

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clayclws
post Aug 4 2008, 12:00 AM

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SDB is developing the area. There will be more phases coming up. YHSA is the architect incharged of Ameera. YHSA is located at the San Francisco Steakhouse at the other end of SS2.

Ameera seems expensive for some but the design is quite good. I would be taking a look at the showroom soon. Anyone wants to join me? The T3 and T1 lots interest me but I have no idea how much they cost. The villas are already sold out.

Seriously, this place is a good buy. Who cares if next to it is a low-medium cost apartment? It is in SS2, a very strategic location for many reasons.
clayclws
post Aug 4 2008, 01:41 AM

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QUOTE(Pai @ Aug 4 2008, 01:35 AM)
ppl tend to associate low-cost apartment to higher crime rate and lack of class. these 2 human phsyc alone is enuff to scare of tenants and potential buyers, and this could affect Ameera's subsale performance.
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It has a strategic location. The only reason I foresee for its craptacular sales of the condo units are its price, of which, could land anyone a better-than-average freehold landed property at the same area. Anyway, the planned development around the area, when construction begins, will increase interest. SS2 already has an established commercial area and neighbourhood. Ameera's locality is very good.


Added on August 4, 2008, 1:43 am
QUOTE(joe_mamak @ Aug 4 2008, 01:39 AM)
If I am going to put down money for something in Ameera's price range, I would be looking to put it down in an area with more upside potential. 
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I guess most of the people here are doing property investment, am I right? Buying not to live in but for the property to appreciate in value, and sell of when the price is right, no? If that is so, I can see why the low-cost Ken3 is of major concerns. I guess you guys better save up and buy the upcoming development at Abdullah Hukum then.

This post has been edited by clayclws: Aug 4 2008, 01:43 AM
clayclws
post Aug 4 2008, 10:27 PM

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I think signboard is somewhere in the showroom area. Not sure as I haven't got the time to go there. Maybe this weekend. May be a good investment. Buy it with loan but rent it out to young family or students, and guess what? They are literally paying for half your loan. After 5 years or more, the apartment should appreciate significantly (or you could wait 10-15 years), and then, sell them off and get a handsome return wink.gif


Added on August 4, 2008, 10:28 pm...and then go buy some other properties. Location is the most crucial point. Repeat process...you'll be a millionaire before you knew it wink.gif

This post has been edited by clayclws: Aug 4 2008, 10:28 PM

 

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