Malaysia Real Estate

[rosalindjoseph]

Hi,

Need advice.

I have 3 options here on property to buy for own stay for about 2-3 years and then for investment either to sell it off or rent it out.

Your comments please.

Thanks.

Option 1

RIANA GREEN
1350 sqr ft
RM270000
Partly furnished
Leasehold - 89years left
1 car park

Option 2

SUNWAY SUTERA
1050 sqr ft
RM285000
Fully furnished
Leasehold - 95 years left
2 car park


Option 3

KELANA MAHKOTA
1260 sqr ft
RM290000
Non furnished
Leasehold - 96 years left
2 car park
_________________
Rosalind

[perfecto]

I'm no expert, but I did do some thorough research on Riana Green. It's really a beautiful place to live in. I'm guessing that 1300 sqft place is probably Phase 1, which is slightly over 10 years old, so expect to spend a bit on renovation. In terms of cap appreciation, of course don't have high expectations, I think price wise, it's maxed out. But the salvation is strong rental yields, especially for studios. I've not actually been inside Sunway Sutera, but many seem to share the opinion that it is well-maintained and also a nice place. When I was still looking at these two, seemed like Sunway Sutera was being transacted at a slightly higher price than RG. If RM285K is the average price now, worth considering. No idea about Kelana Mahkota. More info can be found by doing a search in the forum, there have been many discussions on these properties. But guess in the end, since for own stay...should be a place you feel comfortable with Hope this helped.

[joannefoo84]

[mich_elle]

Hi, I've seen a unit in Sunway Sutera as well, may I know what's the market price for a fully furnished unit with 1125sqft? If the owner want to sell at 330k, is it fair price?

Will it be jam during morning and evening time?

Thanks for the advice.

[joannefoo84]

hi Mich_elle,

I have been to one unit in Sunway Sutera , also 1125 sqft , selling price around RM280k , but non-furnished.

Sunway Sutera is also a leasehold residential area, if not mistaken , it's remaining years are 89 years ..

Hope the info help ..

[joannefoo84]

So mich_elle,

did u buy Sunway Sutera / Riana Green in the end .. I just moved in last month. So jam laaa in the morning , sad ! just come out of the condo already jam , really pengsan ..