New development in Damansara, Selangor. Studio units and also 2 rooms units are available. It is going to be a fully Integrated Central Business District of Damansara:
- International Schools
- Shopping Malls and Retails
- Indoor Ski Dome
- Grade A Offices
- SOHO
- 5-Star International Hotels
- University
- Private Hospital
- Premium Residences
- Exhibition Hall
- Concert Hall
Accessibility:
- LDP Highway
- MRR2
- Penchala Link
- NKVE Highway
- Duke Highway
- North - South Highway
- Kerinchi Link
- Sprint Highway
Nearby amenities (within 15 - 30 mins drive) such as:
- Empire City
- IKEA Damansara
- The Curve
- Tesco Mutiara Damansara
- One Utama Shopping Center
- Tropicana Medical Center
- Sunway Giza
- Parkcity Medical Center
- The International School @ Parkcity
- Giant Kota Damansara
- Dataran Sunway (Kota Damansara)
This is your chance to invest in real estate with good passive income in future. Short to long term leasing at this location is super hot and with good price.
Project Summary:
- Price from RM3xxK onwards
- Built up size 375sf to 832sf
- Total development land 65 acres
- Expected completion is 4 years from commencement
- 3 Blocks (42s / 49s / 55s)
- Maintenance fee estimated RM0.40psf
- Located at Damansara Perdana facing LDP Highway
- Main contractor - Guangxi Construction Engineering Group (China State Owned Construction Company)
Full furnished and renovated upon handover.
Zero down payment with full loan.
With monthly loan repayment from RM1,500 to RM3,800 - your passive income ROI should be about 4% - 5%. Property price appreciation is good at Damansara, especially the development is surrounded with amenities and located at good area. Easy access to those location stated above is what make this place a good property to invest.
Property Investment VS Fixed Deposit (FD)
In our current market, banks offering FD interest return of up to 4.4% per annum. This rate is depends on the tenure of your FD. Some monthly FD only gives you about 3.5%. Many people especially the old generation may choose to keep their money in FD as it is considered secured passive income.
Younger generation will think otherwise. Yes, it is true that FD is safe and secure. However, have you thought about the inflation and weakening of ringgit? The value of RM300,000 cash in FD won't appreciate, instead it will depreciate. A plate of Fried Kuey Teow cost you RM2 last time but now it is RM7.
When it comes to property investment, there are certain risk for you. Before you give your hard earn money as booking fees of certain development, you need to do homework and due diligence. When you have confident towards the project you surveyed, go for it and get yourself a unit.
Residential property may have slightly lower ROI if you compare to those with commercial title. There are pros and cons for both types of property. Be sure you choose the one suit you best. You may get 3% ROI for a residential property. Do not think it is too low compare to FD interest, because a property will appreciate in value if you choose properly. The 3% is just a bonus for you, price appreciation is what you must aim for.
Are you ready?
Prepare a PD cheque of RM3,000 then give me a call or whatsapp ;) Don't wait for durian runtuh!! Grab the opportunity!! Good deals doesn't wait for you!!
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