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 Millennium Square, Nice buy?

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midfielder
post Feb 7 2014, 05:01 PM

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QUOTE(takeshi_79 @ Feb 7 2014, 11:34 AM)
rclxms.gif
I found the land in between Asia Jaya and Mellennium Square has been cleaned and seems like something going on like
construction.. anyone has idea on this?
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Maybe to convert into car park.....wild guess only
rfm
post Feb 7 2014, 06:06 PM

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QUOTE(midfielder @ Feb 7 2014, 05:01 PM)
Maybe to convert into car park.....wild guess only
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Yes, the management said it's car park
rfm
post Feb 8 2014, 09:35 PM

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Just a little more update. My new neighbour who bought one unit a few months ago asked to buy my 947sgft for 450k. My other neighbour who are renting but looking to buy was offered rm500k for a unit on the highest floor with the same builtup. Still in good demand I guess.

I'm doing a short-term rental for my vacant unit for 3 months now, and I got 9 completed bookings so far. Pretty good as well to me.
takeshi_79
post Feb 11 2014, 08:13 PM

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Hey all, Thanks for the info..
I saw a post from iproperty, 887sqft and asking price was 450k... Its quite high and I'm thinking whether to wait till june of this year as Some investors predicted that property price going to be drop. Not sure it's Rumours or not..
Scatching head now...
Properties620
post Mar 16 2016, 12:51 AM

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i have 1 unit to let go at RM560,000 (below market price)
Size 1089 sf, leasehold 99 years remainder 90 years, fully furnished with 4 air cond , plaster ceiling, kitchen wall cabinet, fridge, washing machine, TV, sofa, etc facing half Menara Jaya condo and the other half facing Amcorp mall/Asia Jaya LRT station. interested please contact me 016-8782081 or pm me
Sakurako
post Jul 17 2021, 10:47 PM

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surveying for a unit here, anyone has any info about this property? Good buy?
SUSKarl Jung
post Jul 19 2021, 01:07 AM

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Are there still many foreigners staying there, since MCO is still ongoing?
Kirara07
post Oct 1 2022, 09:38 PM

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This post has been edited by Kirara07: Dec 17 2022, 08:42 PM
Chanzeryl
post Jun 14 2023, 05:39 PM

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Enter to a visitor lobby even if you are resident, you have to use old skool way for a modern condo in 2016. There is no security access card to enter inside the lift or to scan in the elevator but you are using ID Resident card with your photo for Security Guard to show them... for RM 30.00 is way too much + RM 70 for a deposit.
When you enter, you have to use an old skool small elevator and press to 2nd floor. Not your house floor. You will reach to a lobby then again you have to pass through a hallway until the far end. When you reach there, you have to use an elevator again to go in your unit floor.
In case of emergency, this is a bad for a modern condo unless you use a car, you don't have to go through all these 2 separate lifts.
When you lost your resident card or you need to apply new, everytime you enter, you have to call a person to fetch you downstairs and jot down his/her details. But us, we have to go and call the owner of the apartment even in the middle of the night. Coz the security won't trust you which I understand. But through all this strict rules why not implement a scanned security access and use it in the lift. It is really incovenient.
2nd, due to undisciplined foreigners, they like to throw thrash outside their windows. So you can see debris and trash caught on neighbors roof and some of the condo awning have holes already because of the impact from the trash that was thrown out. Those landscaped gardens, few rubbish on the ground. Everyday, the maintenance have to sweep and collect the debris. Except those caught on top of water tanks and roofing.
It is really disgusting and to think that the trash bins are available on every floor.
3rd, if you are a local and love peaceful environment especially your rest day, be prepared for noisy Africans and Indians who talked on their phones or with each other very loudly or slamming/banging of doors. I am not a racist but I can only hear them in particular at wee hours even different block and infront of our windows. You can hear them from a distant as well.
Locals like to 'borak' loudly at mamak or pasar. So at home we really love peaceful and quiet living.
It is a luck for you if you have a clean and peaceful neighbors for this condo.
4th, there are little cockroaches inside the lift, outside the hallway and even outside your house door. Few are coming in especially during hot weather and after 7 pm, they are feasting and running around. Will move out soon once I found Menara Jaya or other condo worthy to live in.
poor_oo P
post Dec 29 2024, 06:29 PM

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QUOTE(stabella @ May 2 2009, 12:50 AM)
yup, maybe it is almost or negative cash flow, but how about after 30years? i means after finish paying the installment.

the property still belong to u, and u can "untung bersih" from the rental.
the rental in pj at that moment not only RM1200 anymore...
the rental keeps rise up today, somemore is the property in such "good location"

how many years left for the leasehold?
if less than 70 years, try to negotiate with the owner by this point...

above are my personal opinion, anymore info or opinion also can share...smile.gif
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I am keen to know now, what is the outcome since this post is 2009. Now is already end of 2024. How is the return of the investment?

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