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 Wana buy house!, Sick of renting room !!

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wilsoncvt
post Aug 23 2008, 02:53 PM

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I don't know much about property at all and I am merely speculating here but won't the value of Vista Angkasa appreciate given the upcoming Bangsar South project extremely nearby? The project is bringing about a lot of infrastructure development in the Bkt Kerinchi area and as a result, is really cleaning up the place. Moreover, Vista Angkasa is located smack in the middle of the LRT station (which will be further expanded in the coming years) and Bangsar South so it will inevitably (or will it?) be spruced up in one way or another.

With all the improvements there, the quality of residents who rent from you will likely also improve so the risk of running into irresponsible and reckless student tenants will be less. I don't think there is any worry of a shortage of tenants.

I stayed in Vista Angakasa a long time back and IMO, there is nothing really wrong with the units. Repairs are rarely needed except for certain top floor units which experience leakage from the water tanks. I am uncertain whether this has been rectified. Units if fixed up and minimally decorated can look very nice as I've seen such units first hand before. The shortcomings are however the surrounding, maintenance (needs a new paint job amongst other things), and the quality of the community (petty thieves, roudy neighbbours). These are problems which I reckon can be overcome with the developments that are going on as stated.

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Anyways, this is just my speculation. Would love to see these points debated. I'd learn a lot.

This post has been edited by wilsoncvt: Aug 23 2008, 03:09 PM

 

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