Astrum Ampang

Astrum Ampang

Buying New Launch in property malaysia
Most younger generation will be looking for new launch because of affordability and minimum down payment for certain price range properties but there are many investors too looking for those properties hoping to flip after completion or keep for rental return in some strategic location. . Both can be for own use or investments. There are several type of condo stanproperty.com/new-launch, some are super high end, high end and medium. The price range can be from RM 400psf to RM3000psf, Most of the time, location determined the price. Most important is location, community, access road, density, amenities, surrounding, facing, MRT or LRT Station, layout, freehold, leasehold and price.

Think Location
Location still the most important factor when buying, no one want to buy a condo stanproperty.com/new-launch next to factory or cemetery unless have no other choice, it will definitely harder to sale and price will not increase much and event tenant also harder to get.

Price
The location determined the price, for example in KLCC area, most condo launch stanproperty.com/new-launch price are above RM1,600 to RM3,000 per square feet and size range from 450sf studio to 4,000sf per unit, at least 1 or more car park. As compare to Ampang further away will have price range from RM600 to RM1000 per square feet, price in Mont Kiara range from RM700 to RM1,100psf and Damansara Heights from RM1500 to RM1800 per square feet. The cheapest condo new launch is Astrum Ampang but with tiny size 280sf furnished going for RM230k without car park connection LRT Station, as land is getting scarcely available the price increase even size decrease.

Important of Condo Facing
Well, there is always a plus to get a better view condo stanproperty.com/new-launch as compare to no view or facing directly to other condo or facing noisy highway. Is also harder to rent out unless no other choice.



MRT or LRT Station
Will be another plus for buying condo near the station either for own stay or investment. Like it or not is a convenient and also price will most likely increase because of demand of convenient.

Rental Return
In this past few years, is harder to get return of 4% or above for any new condo as the price is high and demand is less with surplus of condos in some locations but it might not be so in future as price most likely going up as land are scarcely available and it will be further away.
Is not impossible to get more than 4% in return as some developer do offer ROI of more than 5% to 8% for few years and hoping by than the market have recover or some high demanding location will have good return .

Available For Sale
There are many new launch condo stanproperty.com/new-launch for sale in every locations since there are demands. From klcc condo, kl new launch to Bangsar, Mont Kiara, Damansara Heights, Ampang, PJ and many other locations.

Conclusion
Is always your own preference but with reference with experience agent or investors or friends will give some decent advice to get your unit.

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