Project name:
Nadayu 28 Bandar Sunway
Area:
Bandar Sunway
Developer:
Bandar Sunway
Developer:
Jurus Positif Sdn Bhd
Type:
Condo
Condo
Tenure:
Leasehold
Leasehold
Price range:
from RM702,000 to RM1,360,000
Size range:
from 990 to 1,850 ft2
from RM702,000 to RM1,360,000
Size range:
from 990 to 1,850 ft2
Price/ft2 range:
from approx. RM709/ft2
Total Units:
411 units
Maintenance Fee:
RM0.30/ft2*Above info @ Nov 2011
from approx. RM709/ft2
Total Units:
411 units
Maintenance Fee:
RM0.30/ft2*Above info @ Nov 2011
You can get more info from following website:
http://www.nadayu28.com
http://www.iproperty.com.my/developments/2295/Nadayu28_Bandar_Sunway
The developer:
Jurus Positif Sdn Bhd. is a subsidiary of Nadayu Properties Berhad [Website] which formerly known as Mutiara Goodyear Berhad.
Nadayu Properties Berhad is listed on KLSE (since May 2002) with a current share price of 0.98.
Nadayu Properties Berhad delivering property developments in Selangor and Penang, eg. Nadayu Melawati, Nadayu92 Kajang, Bandar Tasek Mutiara in Penang etc.
Nadayu Properties Berhad is listed on KLSE (since May 2002) with a current share price of 0.98.
Nadayu Properties Berhad delivering property developments in Selangor and Penang, eg. Nadayu Melawati, Nadayu92 Kajang, Bandar Tasek Mutiara in Penang etc.
Location:
Bandar Sunway is not far away from KLCC and is close to Petaling Jaya (PJ) and Subang Jaya which is a city with the highest population in Klang Valley (based on 2010 info).
Price: | Google Map |
Compare with other Condo developments nearby:
- 8 Petaling @ Sri Petaling ~ price from approx. RM346/ft2 (price info @ Aug 2011) ~ Nadayu 28 Bandar Sunway is approx. 105% higher [Read My Previous Post]
- Acappella Residence ~ price from approx. RM353/ft2 (price info @ Oct 2011) ~ Nadayu 28 Bandar Sunway is approx. 101% higher [Read My Previous Post]
- Boulevard Residence Damansara ~ price from approx. RM472/ft2 (price info @ April 2011) ~ Nadayu 28 Bandar Sunway is approx. 50% higher [Read My revious Blog]
- Olives Residences ~ price from approx. RM498/ft2 (price info @ Nov 2011) ~ Nadayu 28 Bandar Sunway is approx. 42% higher [Read My Previous Post]
- I-Resident @ Shah Alam, section 7 ~ price from approx. RM521/ft2 (price info @ Feb 2012) ~ Nadayu 28 Bandar Sunway is approx. 36% higher
- Neo Damansara @ Damansara Perdana ~ price from approx. RM537/ft2 (price info @ Aug 2011) ~ Nadayu 28 Bandar Sunway is approx. 32% higher [Read My Previous Post]
- Sé terra ~ price from approx. RM573/ft2 (price info @ Oct 2011) ~ Nadayu 28 Bandar Sunway is approx. 24% higher [Read My Previous Post]
My View:
Based on the above information, the price/ft2 is approx. 24% to 105% higher than other Condo developments nearby.
The desity is consider high if compare with others as shown below:
Sé terra ~ 46 units
Olives Residences ~ 88 units
Acappella Residence ~ 125 units
8 Petaling @ Sri Petaling ~ 156 units
Neo Damansara ~ 266 units
Boulevard Residence Damansara ~ 300 units
I-Resident @ Shah Alam, section 7 ~ 346units
Nadayu 28 Bandar Sunway ~ 411 units
Is it worth to pay extra to have a higher density condo?
Based on 90% loan for RM702,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM3,089. If you are planning to buy & rent out for investment, you need to take these into consideration:
Will ppl willing to pay more than RM3,089 per month to rent a place in Subang Jaya?
Don't forget the approx. monthly repayment of RM3,089 excludes following items:
a) Maintenance fees (from approx. RM297/month)
b) Assessment tax
c) Quit rent
d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)
Buy & rent market, this is not a really good investment opportunity as you are targeting smaller group of people especially expat to rent it.
Again I still believe the property prices in Klang Valley are too high at the moment and should collapse soon (maybe after 2012 election). Unless you are desperately to invest now, we shall keep more cash in hand for rainy days.
Again I still believe the property prices in Klang Valley are too high at the moment and should collapse soon (maybe after 2012 election). Unless you are desperately to invest now, we shall keep more cash in hand for rainy days.
Other developments with similar RM/ft2:
Bro...ur analysis not right wor...
ReplyDeletepls compare apple to apple la, dont compare iphone 4 to nokia 3210 ma.
1. 8 petaling - location not strategic as sunway, sunway got so many colleges & unis. Some more nadayu28 provides semi-furnished with fully air-con, water heater, plaster ceiling, built-in kitc. cabinet & wardrobes to all rooms, fully equipped bosch brand kitc. appliances leh.
2. Olives residence - all units are over 2k+ sft, sure lower psf lo, if u compare nadayu 1850sf, its only RM565psf(Aug12'). i believe the psf for olives n nadayu28 is the same at this moment lo.
3. Acappella & I-residence - both are in shah alam area, dont compare these 2 location as the price for shah alam is far lower than subang & sunway. u try to compare nadayu28 & icon city, which is very very near to each other, u c which 1 is cheaper, of cos nadayu28 lo...
4. Se terra - again all units are in bigger size, the smallest 1 if im not mistaken is from 18XX sft to 36xx sft, Rm573psf is even higher than nadayu28....siao meh (some more nadayu28 is offering 6 units/ floor while se terra is offering 10 units/ floor)
5. Neo damansara - bro, this 1 is office suite, nadayu28 is high-end condo...how can u compare office with condo. Non-sense at all
6. Boulevard residence - dont use last yr pricing compare to this yr ma, not fair at all, last yr u buy 1 medium cost condo = RM250k, this yr u hav to pay RM350k-380k, loads of changes within 1 yr time what...petrol price also increase la. my opinion price for boulevard is almost the same as nadayu28.
Lastly, nadayu28 give 2 car parks & pls dont mixed up, nadayu28's 411 units are divided into 3 blks, so each blks is only 13X units, 6 units per floor & serve by 5 lifts, low density + shorten time for waiting lift.
P.S. im not from developer, i just want to say that every development is good if u think its worth to buy. Dont try to damage the goodwill of the development publicly if u dont like or cant afford to buy.
Another thing, u go check sunway monash residence, ppl are paying RM1.5k for a single room with ensuite bathroom. Pls be reminded that all rooms @ nadayu28 are with ensuite bathroom & nadayu28 is just next to sunway uni. I dont c why the unit cant fetch such rental that u mention lo...
pls do more survey 1st b4 u comment...
sorry if i offended u but what im mentioning now are the result of my survey...
Hmmm. Your comment do sound like developer.
ReplyDeletei have to say its true in terms of rental....i was a student in monash...in monash condo last time a few years back i pay rm1100 leh for master room. got 4 rooms. sharing also pay bout 550 per person. that makes up to more than 4k rental d loo....
ReplyDelete1st of all ~ the question is do you think what you paid is reasonable?
DeleteThe rent you paid for is for fully furnished? If yes, then you will need to add capital to your property.
No right or wrong answer in investment. If you believe this is good then invest and tell us the amount you pay for and how much you manage to get from rent.
Respect and that i have a tremendous offer: How To Properly Renovate A House residential renovation contractor
ReplyDelete