I can't seem to find anything previously discussed about Venice Hill...so sorry if I'm missing something obvious, just started learning about investment..
I found some pretty cheap listings for condo units here, even around RM90 psf...seems to be a good location (to my newbie eyes) with Masterskill college nearby, Cempaka international school plus some malls also..summore with MRT station being constructed at Taman Suntex about 2km from VH.
However I found some reports that this area is heavy with African students who caused quite a ruckus, especially with one death last year plus got some more anecdotal horror stories about these foreigners running drug gangs, etc...I heard developer went bankrupt, and some banks apparently don't want to give loan for this condo as a result..I think got concern about slope stability? Not sure if things have changed since some of these I found go back a few years ago.
Is this area worth looking into, or am I wasting my time? I have this feeling like I'm missing something obvious..would appreciate thoughts, advice and input from all sifus here..
Thank you in advance..