TQ bro, what an excellent analysis. Thinking of grabbing one subsale unit at 460k, I really have to think 10 times .

one can lock in for 2 year tenure to prevent headache.
most i heard 1 year. my friend at 2.4K is. singaporean tenant just to share.

Yes I do know the rental prices, hence why I claimed ist undervalued. I have said the same before for selected unit in Axis, Maytower, Casa Mutiara, Zest and prices has close to doubled or have doubled since.........

I suspect you havent done a through research on these condos I've mentioned...........hence why you compare TS with the likes of Viva/Rivercity/Maple instead. Why not do your research 1st then we can compare notes?

As for Villa Puteri that u claimed to be rented at 1.5k per month :

BISTARI CONDO / Villa Puteri / Putera near Mall, LRT, 2+ 1r/3r/3+1r, f/furn. RM2200 up. 91001111 /??016-2420243 E31077

VILLA PUTERI 2+1r 1100sf high flr vacant semi-furn RM1800. Nora 012-340 4937 / 26923236 PPC VE(1) 0004

VILLA PUTERI condo 1100sf 3r2b f/f KLCC & pool view near LRT/PWTC. Urgent! RM- 2500. Lee 012-299 2298 E30104

VILLA PUTERI 2r2b 2+1r near to KTM / LRT / The Mall f/furnished Bkt Tunku / KLCC view avail. now. RM2.5k neg 017-3640 333. E31033

VILLA PUTERI 2+1 room 1100sf hi flr, KLCC view furnish RM2100 vacant. 21752688 019-3381369 E(3)0736

VILLA PUTERI nr PWTC LRT shopping mall 1000sf 2r2b fully furnish RM2000 Rachel 019-2223988, 62779318 E30127

Bro, all these are advertised prices. we all know tenants bargain a lot and the final price differs a lot from the advertised price. few of my friends are staying in villa puteri and villa putra and thats how I told you the actual rented prices. People can advertise whatever the price, but end of the day there shd be some one to grab it for that price. i have seen some people advertising the same unit for more than 2-3 months.

Anyways you cannot compare PWTC's location with TS location. even though both the condo's are near by LRT stations, still the PWTC location plays a major role bro. location is everything. it is not relevant to compare the other condo's in town nearby a LRT with TS. TS is TS and Villa Putra is Villa Putra! axis is axis and so on. each project is different.
This is the reason I compared TS with nearby VIVA, river city, putra majestic etc to get a clear picture. Nowadays all these nearby condos fetch very low rental rates bro.

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Added on August 18, 2011, 8:28 ami think those are common defects in all most all the projects nowadays..anyways it is nice to see you have purchased a high floor unit. it is easy for you to find a tenant. congrats.

This post has been edited by priyangaf: Aug 18 2011, 08:28 AM

Worried? Not the slightest bit. In fact, your postings suit all my intents and purposes in regards to TS. I am just waiting for a motivated seller. As simple as you say.

But if you're really genuinely discussing TS, why make silly statements like "KLCC is almost empty and MK is ghost town"? It just shows the "integrity" of your points.

In my opinion, ts subsale and rental low cause too many agents. Last I count at least 70 agents.Competition intense.
Not to mention the 600 units

where possible, i try to source for developments that is less than 400 units.
that's about the tipping point i reckon for a conducive living environment.
not too crowded yet lowers the maintenance fees.

there's no need for foul language here, my fren

remember
it's Titiwangsa S
and not
Suasana S

shud be thankful what u can get
dunt be too greedy

Guys, just be very carefull of ppl with hidden agenda's. You know some couldnt substantiate their negative remarks, yet keep on harping some unjustified comparison to hopefully pounce TS on the cheap. *This is a general reminder n am not referring to anyone in particular*

Before you rent or sell your TS unit, please have a look at the following developments rental and selling prices :

1. Villa Wangsamas
2. Desa Putra
3. Plaza RAH
4. Axis Residence
5. Seri Maya
7. Savannah in BJ
8. 2 bedder Casa Mutiara unit
9. 2 bedder Amcorp suites

Some of the development above are further away from city center, yet their f/f 3 bedder are being rented at up to 3.5k. Dont sell yourself short.

Some of the development above are leasehold and only has a single LRT connectivity............ yet their selling price is higher than TS which is FH and has both LRT and monorail connectivity. Have patience and wait for the dust to settle..........and with Mah Sing's recent announcement of selling their props next to TS at minimum 700psf, you dont want to be the loser who sold his unit too early .......................

Bro, again i don't agree much with your comments. TS is TS and M sentral is M sentral. each project is different.
Have you seen Viva prices shooting up just becos Maple is in next door? Maple is Maple and Viva is viva. the best example i can give you around the corber is Tamarind vs Saffron. even though these two condo's are next to each other...Saffron didnt help to increase Tamarind prices. Tamarind got appreciated becos of it's uniqueness.

Same with TS, TS wont appreciate much just becos of M sentral is next door. and Orion wont appreciate just bcos Setia Sky is next to it.
anyways i understand no one can predict the future..we all have to wait and see. and what i wrote here is my belief.

This post has been edited by priyangaf: Aug 18 2011, 10:13 AM

if both are vested, then the view probably will be the same
but lets agree to disagree : )

but my exp with low to mid cost apartment and condo has been so so
VP already subsequent thing to see is maintenance...if this one koyak...
value may be stagnant....

one thing we have to remember is...everyone's entry price is diff...
and ability to source tenant pool is one a must for a yield player...

what more...uninformed tenant.....

Agree.

Bro, my thoughts exactly. Though I am one of those vultures who's waiting to pounce, I cannot ethically do it by spreading disinformation (though on hindsight, i should just let others continue doing it). There will always be people out there that will sell cheap sooner than later...maybe need money for wedding, illness etc. Then its fair play.

Or maybe I'm actually one of those who owns a competiting rental place next door and can't afford for TS owners to rent/sell low low so my current rental can still compete? Muahahaha

My point? Read in between the lines. There are undoubtely many lurkers on this forum that just read and hope to get information for free. Nothing wrong with that, but just read and think critically.

This post has been edited by Minolta: Aug 18 2011, 04:37 PM

Is the mah sing land freehold or leasehold? Anyone knows?

why villa wangsamas mention here? TS like VWM? cracks all over the place?

many TS owner will koyak your mouth de leh.......

Like
i think you are sharp .. i cant see how someone can compare TS till as far as bukit jalil .. might as well compare with MK condos .. that's just self-consoling ..
as u brilliantly pointed out, TS is TS .. and as how it was marketed, it remains as a mid range condo .. however, not many understand this but just harping on it's location, lrt station .. there are plenty of low to mid range condo with such location that sells much cheaper than TS .. A reminder to all TS owners, dont "bagi betis nak peha" .. otherwise, u dapat bontot ..

Minolta sir, u were absolutely right. Our fren here is indeed trying to play down TS to snatch a bargain. Priyangaf was looking for a cheap unit since December 2010...........and when he couldnt find one he had to resort to cheap tricks.................

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Added on August 19, 2011, 1:10 amDude,

Allow me to repost your very own post in Maple that very much contradicts your claim above, ie the nearby new development dont have much impact on existing development :

Here when Capers was launched, you immediately thought it will help increase prices in Saffron, Tamarind and especially Maple since u r vested?



And no wonder you are so negative when it comes to rentals and some of your claims just doesnt add up..........I would too if I was vested in large Maple units and Ampang Putra Residency........explains why your perspective in rentals is rather limited............

So fella's..........now behold our Priyangaf's real motives.............

This post has been edited by Pai: Aug 19 2011, 01:17 AM

few of my friends have a unit here maybe i'll share their rental after they rented out ..... still waiting for key cause is subsales ......

Seri Maya has a lot of expat from all kind of nationalities and going to work by LRT, paying for fully furnish unit more than 3K...Don't believe, please call the agent now

1 unit in Block B rented out partial furnish 2.5K

what is wrong about Middle Eastern people? They are good paymaster...of course not all
Managing tenant is nothing but spend your time chatting with them.
True, TS will remain as mid cost condo for now and tell me which condo below are not Mid-cost?

Desa Putra,
Suria Jelatek
Seri Maya
Riana Green East
Axis Res
Midfields
Saffron
Tamarind
The Zest
....

All above started with Mid-Cost condo and now you see the subsales price....of course rental never able to catch up with the price..the same for high end condo as well..

Mid range type of tenants NOT equal to Middle Eastern students! The good things about mid range tenants is it is easy to find this kind of tenants...Am i right?

Now, do you feel regret after selling yours knowing that Mah Sing will be in as well? and how much you sell it?


if you are thinking too much about it, then CASH OUT now to priyangaf. He is sitting on the fence, eyeing for good deal...



where are the locations of your 10 properties? Walking distance to LRT? If you meet our criteria, we can help you to find the tenant too. There are no LRT stations for Viva, Putra majestic, River city...so don't expect high rental and liquid ...and villa putra , villa puteri and Bistari near PWTC are old condo especially VPutra/VPuteri is facing the Mayland project, too near to highway...
TS is consider high density? Seri Maya even worse, 1400++ unit, super high den yet command handsome rental and don't expect low den with low price in future...Just look around recently launch condo will tell you something:

M City = more than 1K units
Element by Mayland = more than 1K
Z residence = More than 1K
The Zest, more than TS
Midfields by YTL, more than TS
Parkland more than 4K
M Sental, another high den and affordable residential play...

The positive point of high den is you have lower maintenance cost per month as it is share by all and economic of scale....How much you pay for Tamarind/Saffron/Maple for maintenance ? Min 30 sen and above right? but for some condo such as Desa Putra, Seri Maya, TS, they are paying around 20 sen only... So there is good thing about high den too provided that tenant profile is decent.



True, M Sentral is never equal to TS because:
M Sentral will be developed by Mah Sing whereby TS was developed by Monoland
M Sentral is sitting on Leasehold land whereby TS is sitting on Freehold land
M Sentral will be more den than TS
M Sentral will be selling from 700-800psf whereby TS was selling less than 300psf and subsales around 400++psf

So we cannot compare M Sentral and TS directly but what we can see is the potential of TS after M Sentral kick off. Nobody can deny the knock-on effect from this M Sentral.

and NOW is the BESTEST time to sell any properties and not just TS only judging from shaking global economies and potential our economy heading to south. Of course "Someone" will pick your unit if you are selling dirt cheap! hahahaha

True, TS will compete with other high end condos such as Capers/Setia Sky/Vue and someone also mentioned that TS is mid-cost, so how to compare? Put it this way, TS is cater for mid end tenants whereby others are catered for high end tenant. Others will not be able to compete with TS because entry cost for TS is much much lower than others. Can others rent it out 1.5K per month? I don't think so. if these high end condos are rented out it out 1.5K, they will be bleeding terribly. What I can see is these high end condos will compete among itself first before TS.




This post has been edited by GlobalKL: Aug 19 2011, 07:34 AM