Perhaps some of you have read the latest article regarding the latest Bandar Tun Razak redevelopment plan by SP Setia valued at RM2.8 billion. But it will be completed in 15 years time.
IMHO, this area will become a modern and preferred area in 10 years time. Besides SP Setia, Sunway Velocity is already on-going. I believe the area has great potential.
What do you suggest for investment?
I am considering Warisan Cityview. The price is still below RM200k -RM220k (RM214 - RM242 psf), and its opposite neighbor, Sunway Velocity is asking from RM700 psf.
Sounds like a good plan?
Posted by ZumairiYee on 25-May 2012
yeah.. go for it if your budget is right, happened new development will push up the value( selling price/rental) of the existing properties nearby.
Posted by PLY on 25-May 2012
warisan cityview looks quite high density. I suspect there are simply too many 'available' unit for both rent and sale. this is not those hot area like PJ. with such high density and high supply of subsale and rental, and with other surrounding 'better value choice' of properties, i suspect you could pick up this 'cheap' stock. furthermore, the asking price has been very greedy, around 300-350psf...they probably thought theirs is the gem waiting to be discovered, which i really don't think so...
Posted by Thin on 12-Oct 2012
Besides Warisan Cityview, you may take a look those Condo near by (Plaza 393, Miharja Condo, D'Alamanda). I feel that Warisan Cityview overpriced and maybe you can consider Miharja Condo.
Posted by ting on 13-Oct 2012
better chose D'alamanda, slighly higher price but the whole building in good shape n maintenace is good, got condo full facilities..
this warisan cityview, try to go inside the building have a look, very low cost feel, water leaking here n there, break in cases happened frequently, no tiles on common floor, only dirty cement floor..very low cost feel, not wort with 350psf price...
Posted by Michael Wong on 23-Nov 2012
I got a friend who owns a unit in block C, and the rental is going for RM 1,800 per mth for about 1100 sq ft, very good investment return !!
Furthermore the linked flyovers project nearby which estimating to be completed by 2016, shall ease traffic congestion by about 40% (mentioned by minister few days ago in TV 2 news) !!
So go for it as it shall have great capital appreciation in near future for this area!!