hi,this few days quite busy so no time to check here..
about ur Question.."260k n above for a 1153 sq ft service aprt deep inside puchong is considered cheap n under mkt price???" What is the meaning for Service aprt?actually service aprt is condo, just a diff is resident land or commercial land..no much diff..Yes, 260k for 1153sq ft in puchong consider cheaper for new concept condo/ aprt, you shld do the some reseach for the property..as below is my posting at iproperty about some question from the one of the buyer looking for investment at puchong, just for sharing :
"Hope can share some of my opinion with u.
As u mention your intention is mostly for investment sake,that means the most important factor will be :
1)Price-buy low sell high-nature of investment.
2)Potential for price apreaciate of the property.
3)Time frame for the investment to gain profit return.
4)
Risk of the project delay or abbandon. So here i will try to explain & compare some of the point for those project u mention. For investment,we must calculate the price of property by value per square feet & not the purchase price.
1)Price-buy low sell high-nature of investment.
- A)Koi Kinrara-236psf.
- B)Zen-245psf.
- C)Zest-246psf.
- D)Setia walk-320psf.
- E)Kinrara Mas
- F)Atmosfera-246psf.
2)Potential for price apreaciate of the property.
-A)Koi Kinrara-Their current selling price is lowest among all.
-B)Zen-The location not so preferable,surounded by undevelope area,LEASE HOLD.
-C)Zest-location wise will be alot of future competitor as bukit jalil still has plenty land to develope.
-D)Setia walk-Overprice,1700sf only with 3 rooms,not even a maid rooms.500K++...worth for investment?if price increase only by 20-30%...will u easily get a buyer to buy it?
-E)Kinrara Mas-Layout not bad.But same like Zest,location-see what happen to Puncak Jalil.Peopple selling at a loss price.
-F)Atmosfera-Nice layout+design.But the price selling at 20-30% higher than other condo around it.The project is on a cliff side,safe investment(Many query about the project will face problem with the gov after incident in Bukit Antarabangsa)?Last week,their project pilling progress effected nearby condo Sri Bayu-A big crack in Sri Bayu swimming pool,they have to stop the progress for a few days after get complain.Build too near to the 2 existing condo Sri Bayu & Villamas.
3)Time frame for the investment to gain profit return.When those project wil complete.The earlier the faster your investment is active.
-A)Koi Kinrara-March2010.
-B)Zen-2011.
-C)Zest-Some where mid of 2010.
-D)Setia walk-2011.
-E)Kinrara Mas-Oct2010.
-F)Atmosfera-End 2011.
4)Risk of the project delay or abbandon.
-A)Koi Kinrara-60%-70% complete.
-B)Zen-No comment,have'nt see any work in progress.
-C)Zest-No sign will abbandon.
-D)Setia walk-Reputable developer,dont think will abbandon.
-E)Kinrara Mas-Seems slow...but same,no sign will abbandon.
-F)Atmosfera-I actually quite like this project except for its price & and too many question for their project to face problems.The project still very early stage already facing too many query. Those are just some information to share with u.If for investment during these type of economy,prices very important.U think property above 300K or below will have more opportunity to sell of easier?For those that u bought above 300k,after the price goes up by 30%...how fast u can get a buyer that can afford the price? Investment is also about timing, complete earlier sell earlier.Invest again earlier.The risk of delay and abbandon is a very important factor,u might hope to get a 30% gain but might face a 100% loss...worth for invest? Well...if u ask me,from what i see of those current project.i will most probally choose Koi Kinrara as i will complete soon, price still below 300K, location wise is consider quite good for living,60% complete and still on very fast progress(think will be complete on time) and the price is catching up with other project. Just my personal opinion...all the best!
**please take note, i'm not looking to blame anyone, all property also have their advantage, nt looking to said anyone property worth to buy or not, just wan to share all the info as i know, thanks!
Added on April 27, 2009, 8:52 pmwell, im looking to sell my unit not mean that i'm disappointed Koi Kinrara or what you are mention "disagree with some of the points".Actually i very like the Koi kinrara (is my dream house concept) but I wan sell it because due for my hb family like landed property and suddenly inform will stay together with 7 of the family members (abit small if 7members stay at condo), and we already booked landed property at Bandar Puteri Puchong.On my hand holding already 2 properties, one is aprt at Bukit Puchong and another one is KOi..Looking to sell it because from bank official inform that my loan must let it go one of the property on hand for this new landed property at bandar puteri (pricing is RM 5xxk) and he suggest for Koi as the loan amount high compare my bukit puchong aprt.
Added on April 27, 2009, 9:08 pmhi, about what u mention that, beighbouring with Villamas , seri Bayu and Impian Height - thats all already traditional concept,Villamas and Sri Bayu consider Aprt and not Condominium but with condo facility.. Impian Height already more that 15yrs ago Condominium so what i mention is same,traditional concept and no maintain the environment as well..back to topics, you said that atmosfera worth looking it, do u really have do the comparison? pricing of the sq ft? Koi VS afmosfera is consider cheaper that, and the viewing also totally diff.let me make it clear,at Koi, you can choose face to KL view and FULL sunway View withou any blocking, for afmosfera KL view already block by villamas and seri Bayu, and afmosfera are not facing to sunway view directly, please go to show house to check properly as you mention us worth looking it.
Yes,i agree also as what you mention price increase doesnt mean the former purchaser, but just for this moment..same like what we can see now the market compare to years of 90century,100k you can buy very big house even landed property, but do u think now can purchase the property at 100k since 2000century?last 5 yrs at puchong,you only use 200k+- already can bought the nice location and "big" layout but after 5 yrs?even at assena puteri (bandar Puteri condo-traditional concept) now already selling at RM 240++ per sqft..market are going slow but not mean property will same too, currency will going down mean malaysia money also facing the same pro,money bcome small and small, even one cup of the blank water also already RM0.40 compare to last 5 yrs only RM0.20..
within this timing, all the rich people or investor will be aim the property because already noted that currency will going down soon, keep more million for saving better that invest something are get the good return.
Anywhere this only for sharing, same like what i said jus now, not going to blame anyone.
Added on April 27, 2009, 9:20 pmDo you mean is Koi tropika or Koi Kinrara?
Actually pls make it clear, a lot of Aficans at the area as u mention, can u let me knw where the location are without foreigner at puchong?actually now not the location is good or not, even my fren bought the landed property also have facing the negro at opposite her house..same problem as she facing..but i think i hv good location if you can buy the landed property like Bungalow or Semi-D at location Bandar puteri (heigher hill) then mind be no need facing any foreigner Aficans or negro surrounding your house, haa..
What's the psf now for below properties after 3 years / VP now? A lot of "assumptions" were made 3 years back
- A)Koi Kinrara-236psf.
- B)Zen-245psf.
- C)Zest-246psf.
- D)Setia walk-320psf.
- F)Atmosfera-246psf.
Aug 10 2012, 10:09 AM
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Any adverse comment on KK? Edren
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