Buy Kinrara Mas Bukit Jalil Apartment for Investment or Own Stay

Are you looking for a condo or apartment at Bukit Jalil? You may look into Kinrara Mas Apartment @Bukit Jalil, Kuala Lumpur. The freehold apartment is strategically located between Bandar Kinrara and Bukit Jalil. Besides, It is well connected to major highways namely, KL-Shah Alam Highway (KESAS), Leburaya Damandara Puchong (LDP Highway), KL_Seremban Highway, Bukit Jalil Expressway. Below are some pictures taken at actual site:

If Buy for First Time Home Buyer:

First property, ‘Can Attack Can Defend’! For me, first property for first time home buyer is a low risk investment/deal because you may always:-
Attack: Sell or rent it out if the property carries good ROI during markets booming
Defend: Use it for your own stay (finally you will still have to buy a house for your own right?) if ROI is bad during markets slowdown or even economic crisis

From actual site, the structure is completed till rooftop. The site work progress is running fast. So, it is less likely to have abandoned issues. If you like the property, it meets most of your requirement and the price is within your budget, then why not?

If Buy for Family Own Stay for Long-Term:

I prefer a landed property for my family if we are going to stay in for long-term. Simply because of the monthly maintenance fees (easily RM0.20 psf) for apartment / condominium could able me to pay for bigger loan for a landed and gated double storey link house. Unless the location is preferred because near to your work place or some others reasons.

However, KinraraMas Apartment is located at a well-established area that comes with amenities and facilities to cater to everyday necessities. Schools, the well-established Bandar Kinrara, banks, Giant hypermarket, other amenities and facilities are available at surrounding area. Perhaps all these factors are good for family stay.

If Buy for Property Investor:

Priced at RM 255,900 onwards (Type A – 1091 sq.ft). Now special rebate promotion RM 20,000. Estimated monthly home loan installment = RM 1,065.00 (Based on BLR-2.0, 30 years tenure, loan of RM 235,900). So what is the ROI should the property has to be considered as good investment property based on your own calculation? Welcome to refer my previous post on the Calculation & Formula for ROI on Rental Property Investment.

Different people, different investment strategy, and different game plan for property investment. As long as the minimum expectation of ROI on the property is met which is normally at least double the Fixed Deposit Interest. Else, it is pointless to invest on the property. Agree?

Other Concerns:

• Feng Shui – Along the entrance into guard house of both Kinrara Mas Apartment and 3 Storey Link House, there is a huge sewage treatment plant at your right hand side and all the back yard of link houses are facing the entrance as shown in the above picture. That means you will need to pass through the entire ‘Bad Chi’ (harmful and negative energy).
• LRT Station – Where will be the actual LRT station to be located?
• Industrial Area – The development is just too near with industry area! Why Malaysia’s properties always are allowed to be constructed nearby industrial area and high voltage cable station. Will you concerning about the health factor for your property?

For more information, please log on HR Utama Sdn Bhd (HR United Group of Companies)

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