QUOTE(naleh33 @ Mar 22 2009, 10:29 PM)
Hi Everyone,
I just visited Zest residence today. The take up rate for KL view is almost full. I think left the bottom few levels.
I heard from the sales people, they are expecting a 25% of increase in the property value once the project is completed. Personally, I think it is a attractive place with the following reasons :
1) The prices is very attractive comparatively to Setiawalk and Zen which is around that area.
2) If the proposed LRT is confirmed as what have explained, then there will be more appreciation chances.
However, there are also some cons in purchasing property at this time.
1) The road in front of Zest is already badly congested during the peak hours. With new housing areas like Alam Sutera and Zest completed in the future, what will happen?
2) Is this developer trustworthy or I would say will they able to complete this project? This developer is not as famous as developers like SP Setia. SW is a more secured investment in this sense.
3) Is Kinrara area such a hot place where the demand is high? There are not much commercial areas like in Puchong, Hartamas.
.4) Are we buying this property at the right time since in the newspaper, there are so many pages of condo auctions everywhere?
Oops, it seems that cons is more than pros? Anyone here can help to justify the purchasing of Zest?
I know there are alot of buyers in this forum right now.
I am quite interested in getting this unit however, my dad has an opposite opinions. Now I am so confused
I am worried if I purchase a unit there will become a bad investment in the future although investment basically is a risk to take. No risk no gain haha.
- Overall.. Puchong is already congested regardless of Puchong - Sg Besi highway or LDP.. Jam just means high traffic flow
- TT only have Heron Condo under their belt for now.. Of course SP Setia is more famous but there is a premium price to pay to buy the brand IMHO.. Anyway, there is always risk buying underconstruction projects..
- Kinrara area has good accessibility (to KL, Sunway, Puchong, Bukit Jalil, Sg Besi, Seri Kembangan, Equine, Sri Petaling, Old Klang road.. Being the center to everywhere) which is why there is demand for it..
- News paper is giving a very generic view, you have to zoom down from location to location.. I often check on auction units and most like are low to middle end apartments and also some condos with really bad locations (I know 1 condo in USJ always appear in auction
).. You dun see good condos in Damansara or Bangsar for auction.. However, auction doesnt mean that no one wants them.. Some owner use auction to dispose their unit and starting price at market price..
Weight your priority and you dont have to go for it if you are not confident with it, I always believe there are other good projects out there somewhere
Mar 15 2009, 02:21 PM
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