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 The Zest @ Kinrara 9 v2, Owners share your views,public r welcome

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Pai
post Sep 23 2009, 01:17 AM

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QUOTE(airline @ Sep 22 2009, 08:49 PM)
actually i missed buying Saville, Old Klang Road also. cause i thought Metro Kajang quality was crap. Too late now.
*
think u asked around few months back on Saville right? Always tot Saville got decent potential to make it...nearly went in but bought others instead tongue.gif
Pai
post Sep 23 2009, 01:01 PM

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QUOTE(Backkom @ Sep 23 2009, 07:30 AM)
Was busy moving house over the weekend, and was shocked to read all these bombardment! Luckily she's not vested here  tongue.gif
Anyway Pai kor, nevermind her calling you liar - we're all just too busy laughing our ways to the banks  rclxms.gif

So what time are we all meeting up on 10/10/2009? Evening can ah? Morning got Canon Photomarathon  tongue.gif
*
Honestly I dont give a hoot about what ppl call me. After all its just talk, im not gonna get any poorer biggrin.gif

I just hate Sales Person from a particuar project go online and start talking how good their properties are then give misleading sales points to con gullible buyers. When I started few years back, if not bcoz some senior forumers who were against buying for speculation, I would have bought some good or bad KLCC/MK properties and paid the price now due to one hell of a speculative investor lady. We later find out that she earns referrals from developer for some of the projects she promotes. Some unlucky forumers even paid above 100k more aboe maket value for a project that she promotes.

This forum will be a bad place for getting advise if every project oso have to buy,buy, buy tongue.gif


Added on September 23, 2009, 1:11 pm
QUOTE(T816B @ Sep 23 2009, 12:51 PM)
I do not think it does make sense for anyone here attacking Zest based on the points you listed above. Please take note that I am not a SA, nor an investor in Atmosfera (yet), nor an investor in SW (yet), not for Zest (yet). I am just posting based on what I observed.

1) Those SA selling other high rise developments within Puchong vicinity, who are finding it extremely hard to sell due to the presence of the overwhelming success of the Zest;

Zest had a good take up rates upon launching. This is very food indeed. However, do bear in mind that good take up rates does not translate to good resale value later on. It is not a simple equation as 1+1= 2.
2) Those buyers of the other Puchong high rise developments, who are insecure and not confident with their purchases and hence, trying to play down the success of the Zest at any given opportunity, hoping to console themselves and feel better; and

You might be right for this claim, but not to all of the forummers that is against Zest. Everyone has their own opinion on each developments.
3) Those sore losers or sour grapes who missed the boat on the Zest, being the only high rise development within Puchong vicinity, which is 100% sold during the recent financial crisis, without any special financing package like the rests (5:95 or 1:99 etc) and even without a show unit.

You should not assume people who do not invest in Zest are because they missed the boat. As I have said earlier, some people just feel that there are better investment (as per their own opinion) within the Puchong vicinity.
Time will tell, about whose investments are the more viable one. We should keep posting based on our own views, but not assuming others who do not invest in the same property as you, as sour grapes/etc.

Chill.
*
Mate,

Personally do you think its alrite to make excessive claims on any particular project and leave these claims unbacked by facts?

This post has been edited by Pai: Sep 23 2009, 01:11 PM
Pai
post Sep 23 2009, 04:41 PM

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On lah Backkom smile.gif

Btw, I wonder if TT will send invitation card to all Zest buyers for the launch of its show unit?


p/s : I think when Zest is ready, Eugene should head the JMB smile.gif
Pai
post Sep 23 2009, 05:35 PM

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QUOTE(oreomambo @ Sep 23 2009, 04:46 PM)
Pai, i remembered that you may consider moving in too if the condition is right for you. I bet the offered flipping price is your determining factor?
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Yup. I'd be tempted to sell if I can sell it off close to 400k, now that the LRT is confirmed nearby. But think2 oso quite sayang to sell coz all similar future condo nearby LRT for sure wont sell for anything less than 400k. Zest is defo a keeper, yields should be close to 7%-9% once the dust settles. So I suppose I'll keep it if I dont have much use for 200k cash out, and sell it only if I see a better opportunity.

Might not move into Zest coz I oso bought TS is closer to where I currently live and work, and TS should be completed earlier VS Zest and has similar specs. Its still a possibility, but a remote one.


Added on September 23, 2009, 5:35 pm
QUOTE(Backkom @ Sep 23 2009, 05:21 PM)
Got good Halal food?  rclxms.gif
Diversity and inclusiveness...
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Thank you for ur kind consideration boss notworthy.gif

This post has been edited by Pai: Sep 23 2009, 05:35 PM
Pai
post Sep 23 2009, 05:38 PM

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QUOTE(eugene jk @ Sep 23 2009, 05:22 PM)
Ah Pai kor... you are putting me on the makan table again ah... my face is not that big enough..  sweat.gif
I tot Kim jie will take it up..  rclxms.gif  .. by the way... where is Kim jie  hmm.gif ??
*
Future JMB president must belanja biggrin.gif
Pai
post Sep 25 2009, 04:10 PM

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Looks like the showroom is coming up nicely. Lets be patient and hopefully TT will come out with an acceptable show unit when its ready.

btw guys, on the tiles issues, pls note that it is the BUYERS responsibility to ensure that all the hollow tiles are removed and replaced upon CF and BEFORE the DLP is over. Remember that developer can still hold their main con accountable to fix these problems before DLP is over, but not after.

After DLP, we r on our own. Its sad but this a flaw in the system and this happens in million dollar condo's as well.
Pai
post Oct 2 2009, 08:40 PM

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Both TS and TZ is a high density development, so there might be some waterfish seller selling for less than 300k upon CF........... ;p
Pai
post Oct 3 2009, 01:29 AM

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QUOTE(francistcc @ Oct 2 2009, 09:00 PM)
if do have waterfish seller selling for less than 300k for TS must inform me ya pai kor. tongue.gif
*
if got below 300k I oso want to makan tongue.gif
Pai
post Oct 30 2009, 09:57 AM

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QUOTE(brutus @ Oct 30 2009, 12:03 AM)
well, to those who have vested early on will surely gain a lot. would asking a premium of 80K be too much to ask for upon VP? blush.gif
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Im gonna sell mine at just 10% below SW's price psf. So if SW is asking RM500psf, I'll just let go my unit at RM450psf.......veli cheap thumbup.gif
Pai
post Oct 30 2009, 03:25 PM

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QUOTE(Backkom @ Oct 30 2009, 10:12 AM)
I smell some 200k profit here...  brows.gif
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its 250k for me, hehehe. Well it all depends on how well SW does. Think at the end of the day, Zest real value will be pegged at 10% below SW's or if we are lucky............will be on par with SW.


Thats why if SW can sell >400psf, I'll be veli-veli happy tongue.gif


Pai
post Oct 30 2009, 05:38 PM

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QUOTE(chenster @ Oct 30 2009, 04:32 PM)
250k profit?
so u expect the unit price to hit above 500k in the future?
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Like i said, this depends on SW. If SW sells their last remaining unit at RM500psf, why shouldnt we sell Zest which is just 2 stations away at the very least RM450sqf? After all, if dev gives what they promises us, Zest is a better product due to :

1. 2 carparks.
2. Better build spec.
3. MUCH better facilities.
4. Lower density. (in a way tongue.gif )
5. For some, Zest has better access (especially those working in KL)

No harm to dream wink.gif



Pai
post Oct 31 2009, 01:47 AM

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QUOTE(T816B @ Oct 30 2009, 08:07 PM)
22x75 3 storey shop in Bandar Puteri is RM 1.35m, 22x80 3 storey shop in Bandar Puchong Utama is RM 500K. They are about 3km apart. What say you?

Anyway, no harm to dream.   biggrin.gif
*
this one Eugene has answered, but also like to point out one more point, u r comparing commercials n residentials. For commercials, ppl tend to go for crowded places. More crowd, more business. And ppl pls correct me if im wrong, didnt the last few commercials lots in Zest were sold for above 2mil?

For residentials, not everyone fancies living on top of a bustling mall. Yuppies/bachelors/couples maybe, but families will not like it.


Added on October 31, 2009, 1:54 am
QUOTE(Cannot Tahan @ Oct 30 2009, 08:22 PM)
Sorry sorry, just wanted to be "keboh"

As the thousands of DBKL flat remain, RM450psf, may be too enthusiastic leh...

However, even a mere RM350psf is still quite handsome already.
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chief, as I was saying, Zest future price will be pegged to SW's future price. If SW having problem selling at Rm400psf, then no way Zest will be selling at RM450psf.

But remain confident IF TT developer delivers a decent product, the gap of pricing between Zest and SW not be as large as today. Worst case scenario is a 20% gap, so not too shabby at all wink.gif

p/s : There's plenty of low cost flat nearby Five Stones as well, but didnt stop SDB from fully sold off 5 stones within 2 months of launch at min RM500psf tongue.gif


Added on October 31, 2009, 2:13 am
QUOTE(serena11 @ Oct 30 2009, 08:52 PM)
Then shouldn't Zest be more expensive than SW since it is a better product?
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This we'll know in 5 years time. Anyhow, the word "better" is subjective, its subject to individual preference and needs.

Market-forces will decide smile.gif


Added on October 31, 2009, 2:21 am
QUOTE(eugene jk @ Oct 30 2009, 05:41 PM)
Bro.. I was just eyeing at RM100k profit (Tower C), but seems that you are much more ambitious.. Like ur optimism biggrin.gif
*
If im in optimistic "mode" I'll claim Zest will do RM500psf.

Now just in realistic mode......... tongue.gif

This post has been edited by Pai: Oct 31 2009, 02:21 AM
Pai
post Nov 2 2009, 12:35 PM

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QUOTE(trojant @ Oct 31 2009, 03:53 PM)
earlier post, u put target tz at 10% below sw, does tat mean u put tz"inferior" than sw, and whether u "eat rice or eat porridge" depends on sw success  brows.gif  brows.gif

it seems at ur confidence in tz is eroding, than being realistic  sweat.gif  sweat.gif
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Its not the question of confidence at all, its about facts and perceived value. Honestly, all my properties have exceed my expectation that I set when I bought them(on paper lah) . Im a fairly conservative investor woh......only go for sure win stuff....

In TZ's case, subjct to completion, anyhow we'll still "eat" seafood at least. If SW a success, that might help us add some nice abalone as well.
Pai
post Nov 2 2009, 04:07 PM

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Noed n Backkom,

Thanks but I've been very "lucky" so far for being conservative BUT might not be as lucky in the future......

Anyhow, I hope the current property rally will continue till 2012..... wink.gif
Pai
post Nov 3 2009, 06:59 PM

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15th Nov is the opening dates fir showroom? Is this for real this time?
Pai
post Nov 9 2009, 11:32 AM

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Also Zest is only 1 or 2 stations away from IOI Mall ............ wink.gif
Pai
post Nov 9 2009, 03:35 PM

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QUOTE(zest168 @ Nov 9 2009, 03:29 PM)
I think to get a rental of RM 2,000 a month, firstly the unit has to be fully furnished and secondly rent to expat who works in TPM or Cyberjaya.
*


agree. Without LRT available, very diff to rent out for 2k per month.


Think this Zest has to hold for min 6 years to reach is optimal value.
Pai
post Nov 12 2009, 02:09 AM

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QUOTE(accetera @ Nov 11 2009, 10:57 PM)
middle-market condos around Tropicana City mall (SS2), Damansara Perdana, Pelangi and Kota Damansara, Kelana Jaya, etc is around there........ all good condition ones.......... some furnished ones 3-bedroom around 1600 to 1900 only... interested?

if i'm not mistaken even Casa Indah condos (very nice one fronting golf and near bustling town centre) is going around 1500 only......
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boss, all the above got no LRT leh............ wink.gif


Pai
post Nov 12 2009, 09:28 AM

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QUOTE(probiotix @ Nov 12 2009, 06:40 AM)
Kelana mahkota, Kelana Putera & Puteri...... rental is approx RM1k and is relatively nearby LRT.
My colleague staying somewhere there.  smile.gif
*
and neither of these condo's located within walking vicinity of the Kelana Jaya LRT station.....its about 2 KM away and easily takes you 15-20min walk........ wink.gif

Look at Seri Maya/Savannah etc would be a more accurate comparison smile.gif
Pai
post Nov 13 2009, 02:36 PM

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QUOTE(probiotix @ Nov 12 2009, 08:53 PM)

Comparing with Seri Maya, isn't that a little too far fetched? The LRT is located right at their doorstep while zest is still approx 1km away from the nearest station.
Also, Seri Maya is within the KLCC fringe, hardly a good comparison for the zest.


yup i agree... while the LRT is convenient, it does not guarantee high prices on both rental & selling prices.
Vista komanwel is an example where it is located near an LRT but rental prices have always been around RM1k even with large build-ups.
Selling prices has pretty much been the same for the longest i can remember.

*
Actually, should the LRT materializes I see one big advantage that Zest have over Seri Maya..........so personally think the comparison isnt totally unfounded. Anyhow no point arguing this now, lets just see what happens 5 years down the road wink.gif

If you have visited VK, its not rocket science to understand why prices have gone stagnant over the years. Also, Pantai Panorama condo is doing exceptionally well for a 12 yr old condo, opposite of VK. Do you know why?

smile.gif

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