Well, I won't dispute that - the last time I walked there was 2 years ago.
But are they youngsters who party till 4am? Mind you owners with high floor units - you may be victim as well cause they do party at HOME, not just at pool side

I guess the point here is the upkeep of the property.
Don't think Saffron or Tamarind will have today's value if they look like some run down mid cost apartment filled with students.
And that's where TS is heading, judging from what I observe day to day now. And its worsen by the fact that almost 95% of TS buyers are investors.
Yeah it may not drop below 450k, but nor will it reach the 700k within 2 yrs state that you wish to see. In fact if things don't improve, TS will become mid cost apartment in less than 2 yrs time.

As owner, regardless own-stay or investor, we all have to consider our "contribution" to maintain the property's value. What's the point of holding on to a deteriorating property?
No fairy angel will help you to do the work.
It all accumulates from little decisions of you and I - choosing the better tenants, paying maintenance fee, supporting JMB.

But if you think that it's all part of a "bigger problem" that you have no influence, hence you decide to join the crowd and contribute to the degradation of the property and sit back happily thinking about the cap gain that you dream to get - that ain't gonna happen.

Pai kor - come spend a day and night in TS, and tell me, do you think that the tenant quality in TS will improve, if whatever that you see and hear goes on for another 2 years?
I'll tell you straight in the face - NO.
And by then owner-resident will get fed up and move out, and we'll see which investor Taikors are free enough to lead the JMB
(And if our TTTTTK got no time to lead JMB, there you'll have your mid cost apartment.)

P/S: my favourite great-yield-prop in JB happens to be my favourite condo for own stay - thanks to their superb upkeep and maintenance!

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Added on October 17, 2011, 7:58 pmDon't think you need to leave it empty - still can find local tenants, just that they can't pay you so much.
But you don't need to worry so much about the lawless-ness of these foreigners!

This post has been edited by Backkom: Oct 17 2011, 07:58 PM

Aren't you joining the gang?

The best help that we need - don't rent to ME students
I don't mind ME families with kids...

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Added on October 18, 2011, 7:37 amCan't get what you're trying to say

This post has been edited by Backkom: Oct 18 2011, 07:37 AM

I don't agree with the statement that ME are the ONLY PEOPLE renting TS.
My neighbours are local families renting. I do see local nurses working nearby and local students too.
Of course they won't pay you 2.8k.
But then again nobody is going to stop you from accelerating the downward spiral of TS. There's just no need to worry about the "bigger problem" when you're happily bagging 2.8k rental every month...

We'll fix it when JMB is formed. Also wanna install hydraulic door closer at main glass door. A lot of idiots like to keep the door open after they get through, again defeats the purpose of having access cards

That'll be the first thing to be done. May be beneficial to discuss the acceptable amount here.
I was thinking that the minimum would be RM 0.20 psf, to start with - another TTTTK suggested to double the current amount, which will be RM 0.26 psf.
On top of that we need to add 10% sinking fund.
I asked the management office, they told me that so far the collection is good (we're on 2nd collection now). Hopefully that'll maintain.

Thoughts from fellow owners?

Not trying to poach here, but just to let fellow TS owners know, there's another owner-focused discussion ongoing in another forum. Thought it won't be effective to duplicate the discussion here. If you need the link to read what's being discusssed, drop me a PM.

Pai kor, it'll pay off in the future. We have to aim for delayed gratification, cause it's always bigger and sweeter!

That may not last very long... definitely not after JMB is formed

TS VP was around mid May 2011, not even half a year yet...

What do you mean by units facing inner air well? Everybody's 3rd bedroom and kitchen will be facing inner air well.

Can hear pool water sound means you can hear unwanted noise late at night - sure you want that?

I'm guessing it's the box up to cover up all the air cond piping in 2nd bedroom?

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Added on October 28, 2011, 7:06 amHehe unfortunately the percentage of noise is raising... now roughly 20% noise, 80% nice water sounds...

This post has been edited by Backkom: Oct 28 2011, 07:06 AM

Got! They're coming to install mine early next month

Hi, can you please "paste" your letter content here for us to "copy and paste"?

Where did you hear that from? Management office?

Sigh, and I'm getting more and more annoyed by those idiot middle eastern tenants who don't need to work hence don't sleep at night and gather around the pool playing music and chit chat as if everybody else in the condo are as useless as they are and don't need to sleep!

Oh yes, 99 speedmart looks like the first sign of "upgrading" our neighbourhood!

Yeah, dunno which idiot... we've been complaining to security guard...

Called management office and they said they've issued warning letter to the tenant to get rid of the dog within 1 week.
So let's see one week from now, whether we still hear any barking