Alam Sanctuary is no longer 315k bro. Last time i checked they only have 2 units of double story terrace itermediate units left for Phase 2 selling for 343k. Phase 3 onwards are superlinks and semi Ds. Highly doubt you can find anything for below 400k. Most landed properties in Sri Kembangan area are in fact lease hold and the prices have been inflated by the JJ around and the proposed transportation hub. Not too bad for a place that used to be a dump side many many years ago.

so overpriced! so, is they any 2nd hand house that's worth and below 250k around here? putra perdana or whatsoever

You can still find landed properties around Sri Kembangan for less than 250K MYR such as Puncak Jalil and Lestari Puchong. However i would not go near them if I were you. Do some research if you would like to know why.

keep an eye out for properties in the lelong pages of the newspapers. sometimes, a good one comes up every now and then.

prices of properties will only go down generally 1 year after recession. People will liquidate other assets which are easier to dispose off first eg. shares, unit trust then only other assets. 2nd hand properties will be the first to be affected during recession. However for new properties, they are planned 2 years ahead so don't expect much changes for newly completed properties. When the properties were planned 2 years ago, they are still planning against a robust economy.

Now now, Seri Kembangan is much much bigger than Equine Park. The area around Equine Park is mostly leasehold, but I believe from Taman Universiti onwards to Serdang Lama it's mostly freehold (except for Mines, Serdang Perdana, and isolated developments). My area (Bukit Serdang) is mostly freehold.

P.S. Seri Kembangan is an area where you can consider people purchase to stay in. The prices are very inelastic....I haven't seen any drops.

Tunggu banjir....maybe then the price will drop.

the price of used properties never been drop la as far as i concerned..it will increasing at least 5-10% per year..now, used house price not so far behind the new house price..last year when i surveyed to by house at bangi area, the price all above rm200k..even single stry house cost at least rm140k..after looking around for 6 months, i found single stry corner lot at kajang cost me rm140k..the lowest i can get since the seller desperate for cash money..that time market value is rm180k..

I cant agree more...

you need to do extra homework to look for those ppl...i bet thr r and a lot too since the economy crisis haven got worsen...some ppl need to change their properties into cash to relief...

Anyway, i heard the loan interest has lowered rite? and i just dun understand why ppl still dun thing dis is the right time to buy property...? If i have the allocated cash, i might have go for it...:sad:

i plan to buy a second hand condo at pandan mewah heights, cheras.
the final price i get is 142k where the unit is mostly renovated.
anyone can share your opinion with me whether to buy the unit or not?cuz i heard many people saying that the price of property will decrease this year...

Watch out for the next phase of growth in this "golden triangle" of tyhe Southern Klang Valley Corridor, i.e. from Bukit Jalil (Covillea) to Kinrara, Puchong (The Zest) right up to Seri Kembangan (Alam Sanctuary)! Any properties you buy will surely escalate like mad!!!

Thank you.

The trend now is, young ppl taking up max loan and max repayment period to purchase a property. In other words, taking advantage of the current low interest rates.

But interest rates won't be low forever. When it increases, that's when some overpriced property, price head south.

covillea work for berjaya ke?