Hi ,
I heard that there will be 4 new apartment beside the Cheras LRT station . Just wonder will it affected the Value of Bintang Mas condo . Definately the apartment will have less rental right.
Thanks.
Added on November 13, 2008, 3:11 amHi ,
Currently i stay in bintang mas condo in Cheras . it is just walking distance to the LRT station . Thinking of get one unit ,but i do have some doubt that need your help .. .the condo is 1300sqf with 4 room/2toilet . 3 lift for total 256 unit (16x16) . Have a swimming pool and outdoor badminton court . Maintainance fee is around RM 200 . one parking per unit . average rental is 1150 . A 4 year old lease hold condo . Selling price at RM210 .
+ve
1.) Near with LRT station , only 300 meter .
2.) It is safe when you going back from the LRT to the condo (few 24x7 shop along the road) . Safe for Female who working late .
3.) Decent view ( no other condo or high building around ).
4.) Good Security (seldom hear that is a criminal case)
5.) a lot of student rent here (SEGI college)
6.) Cleaner collect the rubbish everyday .
7.) quick response when there is a lift issue . Normally they will repair the lift in one day .
-ve
1.) When raining , the stair case will be wet .... Will this affect the structure of the condo ?
2.) Most of the house is rental out but not own stay ... (My owner have at lease 10 unit in hand)
3.) Some of the unit did not paid maintanance fee ( paste in the notice board by management ). Anyway the management company is Amber resource .
4.) poor design . not enough electric plug in room .
I planning to stay there for at lease 2 year before i move out and rent to other . Do you think it is wise to buy it ? Rumor that there are planning to build 4 new apartment beside the condo int 2009....
Beside that , if i take loan 190k , and monthly installment will be 1000+ .Are this consider a good invest ?
Thanks .
This post has been edited by kelvinteh: Nov 13 2008, 03:11 AM