15 buyers registered with me within a week now. My colleague also got more than 10 buyers already.The property near LRT station continue to do well during 2008-2009 financial crisis (subprime of US). The condo price increase by 10%-20% depending on the location, age (of property), and infrastructure.
Wangsa Maju LRT Station-
Metroview Condo (handover in Feb/March 2008) increased by almost 20% comparing from handover time till now. The rental return continue doing well and it is almost 100% occupancy.
Menara Alpha Condo (10 years old condo) price increased by about 15% from Q2'08 till now. The occupancy is 100% and rental return is better than metroview in term of percentage.
Sri Rampai LRT Station (yet to open)-
Desa Putra Condo - price increase by another 20% from Q2'08 till now, the price is almost double comparing to developer price.
Riana Green East - although key has not been handover, but the price already gone crazy by increase of about 40% comparing with developer price.
I am gathering information about the property next to Setiawangsa LRT station, which Seri Maya Condo, 1Jelatek (under con), Kampung Warisan located. There price is definitely increased more than 30%.
If you missed all the above in last few year, Plaza Melati is your opportunity to ride on the property appreciation near LRT that almost 100% of these development will increase price by 25% right after Vacant Possession.
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