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Investment Titiwangsa Sentral, Strategic location ?

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priyangaf
post Aug 19 2011, 04:13 PM

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From: Kuala Lumpur



QUOTE(Pai @ Aug 19 2011, 02:24 PM)
Yes we know now u r just an overly "concerned" neighbour.  brows.gif
So did Casa Mutiara when it was completed in 2007. Did not stop it from doubling in values in just 3 years. Also, Maple is the most expensive prop in its surrounding ( Jln Ipoh aint any better yah) , yet that didnt stop you from buying Maple? So whats your argument here?

Again, you didnt do much homework to validate this. The fact that you bought Maple and Ampang Putra Residency penthouses tell me much about your understanding of KL's rental market.......n first pls look at Seri Maya rental and subsale rate then tell us what you think of high density situation in TS?
Yet another example of you not understanding the situation. MK and KLCC apartments are empty for a reason.

And please do share with us how many new condo's today next to LRT station and FH selling at 420psf?
If this is your story/explanation/cover,  then so be it. Like Minolta has rightly mentioned and I discovered :

1. You seemed to be over-bullish on Sentul, whacked a few units there.
2. Discover rentals cant make it in Sentul. ( seemed never did enough homework)
3. You also indicated your interest in TS.
4. Suddenly become concerned over TS's owner's  then performed a U-turn, citing we should take profit at 150k and count our blessings when TS is rented at 1.5k? (Again no homework done here, never even do rental research for Vistana next to TS)
Actually you should have read all my previous postings. All the while I have maintained TS owners should target f/f rents from 2.5k to 2.8k in TS. And my forecast was done in 2010....way before TS's completion...do look at today's rent and tell me if Im far off?

I PERSONALLY wanted to test the waters to see if I can get 3k to 3.5k, as what Seri Maya and some mid-class condo's in Wangsa Maju able to fetch. I will share with you all once I rented out my unit. 
What township in Sentul E/W? Can you call a place a township where:

1. Commercials are dead. How many units in D7 has been tenanted since VP?
2. No mall
3. No supermarket
4. No school
5. Not even 7-11

If you are happy with the pace YTL is transforming the place then tell yourself just that. I've been a Sentul boy all my life and I would touch YTL's project there due to its premium pricing over real substance. For the same price psf I'd bet on MK, period.

Township or not, lets establish few things that TS already has n not some dream promised by the developer  :

1. At least there's few 7-11s  tongue.gif
2. eateries,
3. hotels
4. Colleges,
5. hospital,
6. LRT n monorail  
7. Bus-station.

All the above are within 5 min walking distance. Maple, Tamanrind, Saffron can claim the same?
Do your homework mate. Tell us where other NEW HIGHRISE that has both LRT and monorail connectivity, let us know the property prices there? 
Not sure if you have anymore stand if u keep on resorting to such tricks. And this time, reply with some facts pls.


Added on August 19, 2011, 2:27 pm
Looks like you n him both have same wavelenght............. no wonder lah..........  wink.gif
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This post has been edited by priyangaf: Aug 20 2011, 08:14 AM
priyangaf
post Sep 25 2011, 12:26 AM

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Joined: Dec 2009
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QUOTE(Pai @ Sep 24 2011, 12:17 PM)
brows.gif
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priyangaf
post Oct 17 2011, 05:20 PM

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Joined: Dec 2009
From: Kuala Lumpur



QUOTE(Backkom @ Oct 17 2011, 02:42 PM)
1. Benz and Carlton - the management company. I asked them about JMB, they say most likely they'll issue notification for 1st JMB meeting by end of the year. Now we're seeing high "traffic" of transactions. So they don't think it's stable enough for JMB. Most owners are too busy selling or renovating or renting to bother about JMB.
2. Right now I'd say 70% students - out of that 40-50% foreigners, the remaining 20% local. I hardly see family or young couple here. I did bump into some nurses.
3. Just go to TS any weekday between 9am - 5pm. There is a bunch of people "guarding" the entrance for potential customers. As a resident, I just think that they are absolutely an eyesore and harassment.

I just don't feel the "peace and serenity" like I felt when I visited Saffron and Tamarind. I don't even feel safe to go home alone at night, especially when you had to share the lift with a huge group of middle eastern men.
Yeah you may argue that the price is different - but isn't it 700k that we've been talking about??!!
To those who dream to have capital gain - the least that you can contribute to your "dream" is to choose your tenant wisely and pay your maintenance fee timely. Else, you can kiss your 700k dream goodbye...
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This is one of the reasons I pointed out that Saffron and Tamarind is in a different segment than TS. but no one listened at that time sad.gif

 

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