I went there with a couple of friends, we like the place, or maybe I should say it this way, we believe that this area will be developed in the near future, so this might be an opportunity for investment with yummy returns.

Around 320k, and am looking at around 1.4k rental. What do you think?

But the main concern now is, I do not have the amount of downpayment as other developers need, at least RM20k for most the properties I am interested.

I was interested in Zest, but too bad, they need at least RM20k as downpayment, and sadly, I do not have that amount of money.

Hi Vincent

There is no wrong in buying property with onli 2 months in the job market.. investing is about preparation, know how and guts.. I respect you for that

However, I am a bit concern with using Zen as an investment in the flipping market.. there are few points I would like to share..

1) with 3 years down the road, the subsales market is be very intense with buyers spoilt with choices between so many completed projects, mainly

-Setia Walk
-The Zest
-Zen
-and Atmosfera

Obviously Setia Walk, The Zest will stand out the rest due to its lifestyle concept, better accessibilty and also if LRT smach right infront of this 2 units.. chances are these 2 project will appreciate..

Ok.. maybe SW is abit too expensive.. the closest rival for Zen will be Atmosfera.. Atmosfera stand out with its freehold title, not to mention, the breath taking KL view.. Atmosfera has better accessibility being surrounded by major highways..

2) Zen is attractive right now due to its low cost entry and tonnes of free gift.. imagine 3 yrs down the road with all 4 projects completed at the same time, it make no difference to subsales buyers as all of them have to take out 10% downpayment, SnP legal fees and Stamp duty for all 4 subsale projects.. thus Subsale purchaser will be very cautious in selecting the correct unit...

3) Being Leasehold.. Buyers are very cautious and having so many freehold units around, buyer pool is very specific..

4) if you are buying at 320k and marking up to 360k upon completion, There are plenty of prop around with similiar or cheaper price tag around..

5) If you dont want to sell and decide to rent out, you will have heat competition with condos and apartments nearer to town and LRT station.

IMHO.. not to say that you might not able to flip your unit and get a better gain, but your buyer pool is very specific. Looking at Zen's current sale (although it had been advertised for so long and with low cost entry), 1st block is not even fully sold, buyers mostly are for own stay if you read in other forums.. Where as Zest being soft launch recently and dont even have a show unit, pick up rate is close to hundred by now, half are investors, half for own stay. Thus I believe that Zen is targeting on certain niche of buyer.. mostly for own stay..

Any Sifu plz correct me if I am wrong

Even if zen are selling at 200k i would not even consider.

900sqf i dont think is a good plan IMHO. Reason being, they cant target for investment market with the location.