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Investment Titiwangsa Sentral, Strategic location ?

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Minolta
post Jul 28 2011, 05:23 PM

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Hmmm....this condo has caught my attention. I think once Pekeliling Flats start being redevelop, this place may fly!
What's the fair price now?

Minolta
post Aug 17 2011, 04:23 PM

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QUOTE(priyangaf @ Aug 17 2011, 03:40 PM)
KLCC is almost empty, Bukit Bingtang is dry, MK is a ghost city...
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I am sorry to say this but this sentence of yours is completely irresponsible. I think forums are meant to share but I don't think anybody will describe KLCC as "almost empty" and MK as "ghost town".

Honestly, I am looking for a unit in TS (I have not been able to find a "motivated seller" since almost 2 months!) and should let you continue with your negative postings here so sellers will panic and sell, but my consience can't stop me from posting.

I have noticed there are postings with "questionable intentions" in Property forum. Some will try to say all negatives, hoping people will sell/not buy and some will say only positives to generate more interest. This may affect those new into property investments but never the seasoned people.
Minolta
post Aug 18 2011, 09:03 AM

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QUOTE(priyangaf @ Aug 17 2011, 04:56 PM)


Added on August 17, 2011, 5:00 pm
why you are worried about my one sentence ?
If you like TS, grab it. don't like leave it. simple.

everyone knows that people do not go by forumer's comments and buy or sellout their properties. we were discussing about TS potentials. so wanted to compare few of the other condo's here and there. that's it.
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.
Minolta
post Aug 18 2011, 04:32 PM

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QUOTE(Pai @ Aug 18 2011, 09:42 AM)
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.  smile.gif

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 .......................   wink.gif
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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
Minolta
post Aug 19 2011, 09:09 AM

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QUOTE(Pai @ Aug 19 2011, 01:01 AM)
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.................  shakehead.gif


Added on August 19, 2011, 1:10 am
Dude,

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?

shocking.gif

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............. rolleyes.gif
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Bingo, I too have checked out his profile when i started noticing how his posts tended to be one sided. Just curious at first, but what I found made me suspicious. I mean, why would someone without any interest in TS suddenly pop out and just post continous negatives on it? I don't see him doing similar postings on any other projects. Usually people will ask questions or lurk quietly around reading the updates.

Though I think we can't dismiss all of his negative comments, I think he went overboard with some. But I guess if someone is resorting to tactics like this, he MUST be very very keen on TS. I would too...if only the price is better. Now not much subsales coz owners are very stiff on the asking and the potential buyers don't see it at those price currently.

Minolta
post Aug 19 2011, 05:48 PM

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QUOTE(priyangaf @ Aug 19 2011, 11:23 AM)

Added on August 19, 2011, 12:03 pm
With lot of new developments are coming up, buyers will also be spoiled. So it may difficult to have 200k range profits by then. That’s why even I recommended to sell TS now with 200k profits. i took an example of MK and KLCC apartments.. lot of units are vacant and empty and owners are struggling to sell out even with 50k profit margin..
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You see, you're doing it again. Why do you talk of MK and KLCC as if its a bad word? Are you comparing TS with condos in MK or KLCC (upmarket area)? But you just said TS is a mid-ranged condo.

50k profit in MK? hahaha. Kindly point out to me which condo there sells at developer's price. Or even just one that sells at just RM50k above developer's price.
Minolta
post Aug 19 2011, 06:18 PM

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QUOTE(airline @ Aug 19 2011, 06:00 PM)
Maybe mont kiara meridin next to toll highway
This the only 1 I know
Just pointing out, don't shoot me
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Hahaha. Not shooting but you're wrong of course. I know Meridin very well and its definitely much higher than developer's price. A simple research will tell you that. Even Lumina Kiara next to same highway, and even closer to toll booth (hence even noisier) is way higher. Or the ugly looking La Grande is a good RM200k above developer's price.
Minolta
post Aug 27 2011, 03:09 PM

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QUOTE(ken8120 @ Aug 26 2011, 01:12 PM)
Only owner in this thread say good things about titiwangsa sentral.They want to push their unit higher.Dont get trap !not believe me?read few replied here by investor who doent own titiwangsa sentral really supporting wat i am saying..NOT A GOOD INVESTMENT for BOTH RENTAL AND CAPITAL APPRECIATION FOR THIS CHEAP TITIWANGSA SENTRAL.WE are all very smart and advise those new in property avoid titiwangsa sentral

ONLY PLP WITH BRAIN KNOWS  [/size][/color]
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I am not an owner but keen investor in TS. I started to actively look for a unit since 2 months ago and have not been able to get one at "good price". I do not say good things only about TS but also cannot stand suspicious postings by people who obviously have their own reasons.
To put it into reality, I offered rm450k 2days ago for a unit but the owner refused!
I guess I don't have brain....or maybe the owner is the one without brains.

Whatever it is, I still can't get a choice unit at rm450k and will be thinking if I should increase my offer. Surely by your account I am even more brainless. So maybe you can tell me where to get a similar property at this price. And u don't néed to reply in bolder red....easier on my brainless eyes
Minolta
post Aug 28 2011, 03:27 AM

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QUOTE(ken8120 @ Aug 27 2011, 10:11 PM)


Added on August 27, 2011, 10:18 pm
now some owner already wanna sell at rm420k .the agent just call me yesterday..but the price stil not interesting.Now thera are alot of owner chasing to sell theier unit,they cant rent out and paying installment every month.more than 400 unit for rent out
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You're not interested? Then please do share with us your agent's contact. I am interested if nice unit. U can also pm me the agent's number if you're not keen to put here. If deal go through, I will make sure the agent give you a referree's cut of the commission.

Thanks,
Minolta
Minolta
post Aug 28 2011, 06:36 PM

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I am still waiting for the agent's contact from ken. Why u ignore me? U surely must be telling the truth, the way u write in Bolded, Red, Caps!
Minolta
post Aug 29 2011, 10:56 AM

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QUOTE(ken8120 @ Aug 28 2011, 11:12 PM)


Added on August 28, 2011, 11:18 pm
Now i at my other home at cheras..wait tuesday i back bukit Bintang..i pass to u the number..the namecard at Bukit Bintang..no worries!nobody will steal from u .stil have a lot of unit for rm420k...if u cant  wait,,go to mudah.my or iproperty.com..some offer rm430k even rm410k..if u can wait ..wait 3 months will drop to rm390 at least!
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Oh really? Iproperty? Wow. How cone I never thought of that? Do u think the prices in iproperty are genuine when they advertise at that price? I am really waiting for the unit at rm420k. Maybe u can even share the level and facing. U said the prices dropped! What was the price that it was asking for before? Ur after all a keen and wise investor with SO many properties.


Added on August 29, 2011, 11:07 am
QUOTE(ken8120 @ Aug 29 2011, 09:36 AM)


BTW,how come your best fren Minolta not yet come and praise your "sharp" again?............hehe

Wow, I see you mention my name. Interesting coz I have never met my "supposed best fren" called Pai before. Have i ever mentioned Pai as sharp before? Please quote my statements. Would you like me to quote how Zavier praised u as "sharp"? I'm hope u know what being sharp means.

To have a super wise investor like u mention my name, I feel so proud already.

This post has been edited by Minolta: Aug 29 2011, 11:07 AM
Minolta
post Aug 29 2011, 03:58 PM

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QUOTE(ken8120 @ Aug 29 2011, 01:42 PM)
agentt number 0172212177..i duno what the view..but at least its rm420k..its a good start to drop to rm390k for other unit..
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How come when I called him up he tells me impossible to get RM420k? And cheapest unit he have is RM450k for 5th level unit (Lowest floor) facing shop (terrible view)? Also he says never call anyone and tell him got unit at RM420k anytime even past 2 weeks?

Why ah why ah why ah? You sure you're really telling the truth here? His name is Jason. You can try calling him to confirm that what I write is the TRUTH.


Added on August 29, 2011, 4:00 pm
QUOTE(ace77 @ Aug 29 2011, 03:47 PM)
Ha... this is the low floor and kns view punya lah....
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Not even that....no unit at this price even exist! whistling.gif

This post has been edited by Minolta: Aug 29 2011, 04:00 PM
Minolta
post Aug 29 2011, 11:36 PM

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QUOTE(irenechong85 @ Aug 29 2011, 11:31 PM)

5) Currently owner asking 420k...not sure on valuation yet but when there hav transaction happening then there will be tht range..

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Hi, I am interested in your rm420k unit. Can u confirm availability? PM me ur contact please.
Minolta
post Aug 30 2011, 12:07 AM

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QUOTE(ken8120 @ Aug 29 2011, 11:38 PM)
this guy coming again to show he is the taikor..ask plp show him then reversing back said no such unit..of  bla bla bla..he has so much of excuse to push up the privces..dun believe..?follw up pls
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Ur really something! U say ur agent call you tell you that he offered you a unit at rm420k. I called and spoke to Ur agent and he said no such thing! You are obviously lying. But then u even have the guts to turn around and call me lying and a dog! People have called your agent (who you yourself posted the number here) and also said no such unit exist. You still dun know where to stop.

BTW, Irene just pmed me and said she is not sure if her unit at Rm420k is still available, that she heard of it from her agent fren few weeks ago! I will wait for her confirmation.
Minolta
post Sep 2 2011, 12:16 PM

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QUOTE(chrisw @ Sep 1 2011, 03:13 PM)
Will it work?  hmm.gif

The condo I'm living at the moment also facing similar problem, roof got watermarks & making the paint peel off! Tried to complaint to management for many times but there were no response at all, only told me to talk to unit above to discuss to share the repair cost!  shakehead.gif

I "tu lan" & straight away do the plaster ceiling to cover it..

BTW, if succeed get the claims, will the fund share by the affected owners or straight goes into management account? Looking forward to get advices from sifu(s) here..  notworthy.gif
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Leaking in a condo is a really hassle! I had a similar problem recently in one of my condos. Tenant complain that there was leaking from ceiling at toilet, till plaster ceiling got hole and water dripping! And just after 2 years warranty period! Had to arrange for meeting with tenant, owner of above floor, developer rep, management office rep, plumber and me at the same time to view my unit and above floor's unit. Turns out that there is a hole thru the concrete flooring to the above floor. The headache is to assign fault. Above floor say never do drilling, I say never do drilling, developer say should never have hole (BTW, all should know that though developer only give 2 years warranty, the concrete comes with 10 years warranty!) So how? In the end, have to be thick face loh.
This is a property by an award winning developer summore!

This post has been edited by Minolta: Sep 2 2011, 12:18 PM
Minolta
post Sep 2 2011, 04:02 PM

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QUOTE(thenightcrusader @ Sep 2 2011, 12:56 PM)
so minolta, in the end who came up with the money for repairs? or u all share?
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Complaint up all the way till Developer's MD. 2 page official letter with cc to relevant authorities. The project manager called me and said they will repair it. Kautim in 1 week.
Minolta
post Sep 2 2011, 04:12 PM

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QUOTE(kee1 @ Sep 2 2011, 02:40 PM)
warning to TS owners

Tamansari is definitely a better location than TS
once it is completed
people will prefer to rent units at Tamansari

TS area
so " chap "
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I think you're right to a certain extent. Better in regards to being an upmarket place. I think Tamansari is hoping to be another CBD like KLCC. Which has the potential, if done well and able to attract offices/companies. And IF the river of life thingy really goes as planned.

However, TS is where the spill over is at. People may prefer to rent at Tamansari, but the rental will have to be commensurate with the property price, and psf, it will have to be higher than TS. Hence, TS will offer an alternative, an attractive one too. That's what I see in TS when Tamansari goes up.


Added on September 2, 2011, 4:17 pm
QUOTE(airline @ Sep 2 2011, 04:06 PM)
u thick face wo.. mind i paid rm200 management settle. got no time to handle this minor issues.
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Haha. Quite thick. RM200 is a permanent or quick fix? Leaks are not minor issue bro. If not settle well, it will come back to haunt you later. And once the developer fix this problem, they will know to do it well coz they know if repeat complaint, it will not only be embarassing but they will have to be responsible. nod.gif

This post has been edited by Minolta: Sep 2 2011, 04:17 PM
Minolta
post Sep 3 2011, 12:07 AM

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QUOTE(GlobalKL @ Sep 2 2011, 07:20 PM)
How much for TS "leftover" unit? Anyone wants to guess?  icon_idea.gif  icon_idea.gif  icon_idea.gif  icon_idea.gif
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Tadak leftover mah
Minolta
post Sep 6 2011, 05:18 PM

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My opinions on rental here: -

Students/mass market/foreign labourers etc.
- Lotsa demand at RM1.7k/m.
- Minimal outlay. Probaly spend RM500 of lesser to install basic fans and lights +/- sink (does TS come with sink coz the units I visited all have none?) That's it.
- Can probably skip agent's commission and advertise on own
- Not really much difference on floor level or facing IMO. So low levels should be able to command quite similar rental as high floor.
- Definitely doable at RM2k/m rental! If can get.
- But forseeable wear & tear to property + makes TS as a whole less appetizing for all


Couple/small family/low-end expat
- partly/fully furnished, but no need high end finishing. At least RM10k outlay. Need some airconds and decent lighting and kitchen + wardrobe.
- Expected rental? Maybe RM2-2.2k/m, I think fair price. RM2.4k above is good rates.
- less wear & tear.
- Floor level and facing plays a bit more important role.
- likely cannot escape agent's commission


High-end expat/companies etc
- niche market
- Rental IMO should be at least RM2.6k/m and above.
- Higher initial outlay - RM30k at least. Fully furnished, the works.
- Floor level and facing plays very important role, probably the deal clincher.
- Will not escape agent's commission


Short-term rental(days/weeks)
- F/F + works + utensils + bedsheets + astro/wifi +/- cleaning
- RM100/day minimum
- needs lotsa patience
- floor + facing must be decent
- high capital outlay - close to 3 or 4 star hotel reno at least
- likely escape agent's commission but need lotsa own time/personal attention +/- website
- tax benefits?


I think these rates are probably realistic at current times. Future rates depends on how the area transform to.
Minolta
post Sep 16 2011, 12:46 AM

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QUOTE(Pai @ Sep 15 2011, 03:15 PM)
Hot from the oven.........rented my 1st unit in TS for RM2700........to a coy that houses 3 causasian girls.

More details later ............. wink.gif
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Congrats! 1st unit? Wow, how many units do u have?

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