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

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kenny ong
post Jul 10 2011, 01:51 AM

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Zest managment cant help u all.. trust me...ask Zest managment to block??make like bersih condo block ckeck everyday 1 hse by 1 hse? sometimes ppl sell den they go..what u all thk shop lot down stair?


Added on July 10, 2011, 2:14 amcan i know how much the rental at zest?


This post has been edited by kenny ong: Jul 10 2011, 02:14 AM
jbutton
post Jul 10 2011, 12:42 PM

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QUOTE(kenny ong @ Jul 10 2011, 01:51 AM)
Zest managment cant help u all.. trust me...ask Zest managment to block??make like bersih condo block ckeck everyday 1 hse by 1 hse? sometimes ppl sell den they go..what u all thk shop lot down stair?


Added on July 10, 2011, 2:14 amcan i know how much the rental at zest?
*
The shoplot is dead now thanks to te developer whom did nothing to promote the place. Just sell then cuci tangan





dlyw1103
post Jul 10 2011, 12:48 PM

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QUOTE(jbutton @ Jul 10 2011, 12:42 PM)
The shoplot is dead now thanks to te developer whom did nothing to promote the place. Just sell then cuci tangan
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really? No potential tenant? Then is really bad...
lakini80
post Jul 10 2011, 03:13 PM

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The above all stated point is true and correct about pak hitam. U will never know what they will gonna do if there is a delay payment. They are aggressive especially after alcohol consumption and they looks fierce. Our Malaysian physical body is smaller compare to them and they can melt us anytime.
SUSUFO-ET
post Jul 10 2011, 04:22 PM

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QUOTE(dlyw1103 @ Jul 10 2011, 12:48 PM)
really? No potential tenant? Then is really bad...
*
<20 shoplots I guess, even you ask IGB to manage also, the chances to "Wong" is very slim, need miracle

This post has been edited by UFO-ET: Jul 10 2011, 04:33 PM
kenny ong
post Jul 10 2011, 06:53 PM

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what all zest owner wish to hv in zest shoplot?
naleh33
post Jul 10 2011, 10:18 PM

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QUOTE(jbutton @ Jul 10 2011, 12:42 PM)
The shoplot is dead now thanks to te developer whom did nothing to promote the place. Just sell then cuci tangan
*
Serious no potential tenants to those shoplots?? I thought there were a few confirmed tenants when I asked the SA early this year. rclxub.gif
twincharger07
post Jul 10 2011, 10:21 PM

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QUOTE(jbutton @ Jul 10 2011, 12:42 PM)
The shoplot is dead now thanks to te developer whom did nothing to promote the place. Just sell then cuci tangan
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Facts?


Added on July 10, 2011, 10:21 pm
QUOTE(dlyw1103 @ Jul 10 2011, 12:48 PM)
really? No potential tenant? Then is really bad...
*
Facts?


Added on July 10, 2011, 10:22 pm
QUOTE(naleh33 @ Jul 10 2011, 10:18 PM)
Serious no potential tenants to those shoplots?? I thought there were a few confirmed tenants when I asked the SA early this year.  rclxub.gif
*
All the Asian Food hub?? what happen??

This post has been edited by twincharger07: Jul 10 2011, 10:22 PM
kenny ong
post Jul 11 2011, 12:37 AM

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when the key hand over?cf ready?

This post has been edited by kenny ong: Jul 11 2011, 12:37 AM
Covillea
post Jul 11 2011, 11:06 AM

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QUOTE(MFLooi @ Jul 8 2011, 05:46 PM)
Two situations depicted here.
1. The photos of the PPR behind The Zest. Looks like the roof is falling apart.
2. The flyover is still being constructed. I do not think that the July dateline nor August can be met. Its nowhere near completion anytime soon.
On a different note, I have serious buyer looking for immediate transaction. Budget is less than MYR 390k. ANyone willing to let go, please PM me. COV will be high.
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rm390k is way-way below market. zest is alreday fetching rm480k-rm500k based on recent launchings & inflationary factors.
naleh33
post Jul 11 2011, 11:21 AM

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QUOTE(Covillea @ Jul 11 2011, 11:06 AM)
rm390k is way-way below market. zest is alreday fetching rm480k-rm500k based on recent launchings & inflationary factors.
*
Is that the figure you get from the bank evaluation? 480-500K is kind of high but is a good news to all Zest purchasers haha rclxms.gif
Covillea
post Jul 12 2011, 10:41 AM

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bank's valuation is also dependeable on the first transacted deal. if it transacts at rm650k, then bank's valuation is at rm650k although finnacing margin may be lower. if more units transacted at rm650k, then market force has dictated, hence, bank's valuation will be adjusted to reflect rm650k market's price.

net-net, please stick to current rm480k-rm500k as market price.
hacker6280
post Jul 12 2011, 11:29 AM

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You sure or not? so tempted to sell my unit now. 2 years earn RM500k+, monthly 20k++ very good cash.
Zest RM500k, Setia Walk RM700k.
Covillea
post Jul 12 2011, 02:05 PM

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the late buyers bought it at rm350k. hence not much profit for them after deducting rpgt, inflation, stamp duties, etc.

btw, it's 3-year not 2-year

This post has been edited by Covillea: Jul 12 2011, 02:06 PM
zest168
post Jul 12 2011, 04:39 PM

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Hi can someone share an example for 1110 sg ft unit how much should sell based on current market rate just to break even after deducting rpgt, stamp duties, loan penalty, etc? Dun want to sell later only to know that suffering a loss. Thank you.
ROCKEY
post Jul 12 2011, 04:50 PM

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Bank evaluation for KIO Kinrara is around 350k for 1000+sf unit.

I don't see any reason why Zest cannot hit 450k in bank evaluation.
Maxsimax
post Jul 13 2011, 09:21 AM

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QUOTE(MFLooi @ Jul 8 2011, 06:31 PM)
I'll share mine on Awang Hitam:

Physical
- thrashes the house. Broken doors and windows. Some wooden doors/frames/kitchen cabinet expanded due to water seepage. Tiles are chipped and broken. Cracked glasses.
- Furnitures. Well, its thrashed.
- Plumbing. It is plugged with various unimaginable material.
When would you know this? When they have ran away after exhausting your house. Worse would be a situation where you've rented out to Awang Hitam for less than a year. All your +30% rental would not even cover the cost of repair. Penny wise, pound foolish.

Finance
- Good luck in collecting rentals should it be delayed. They are physically superior, naturally and they know it. They do not hesitate to flaunt it.

Environment
- Most have a liking to alcohol. If they are drinking from glass bottles, its sure to turn into pieces scattered around before the session ends.
- The next issue associated with the item above is aggressive behavior. Many things can happen. I've seen stuff flying off balconies.
Well, as an investor, I guess most doesn't care about "environment factor" or how much nuisance it caused to neighbors. But "physical" point above will hurt your investment and your pocket. Proceed at your peril if you insist.
*
I hope all owners here would be sensible and responsible enough to choose the right tenant, rather than looking at short-term benefits.

I don't like to see Zest being tarnished by certain 'outsiders'.



Covillea
post Jul 13 2011, 10:05 AM

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QUOTE(zest168 @ Jul 12 2011, 05:39 PM)
Hi can someone share an example for 1110 sg ft unit how much should sell based on current market rate just to break even after deducting rpgt, stamp duties, loan penalty, etc? Dun want to sell later only to know that suffering a loss. Thank you.
*
add 40% for breakeven + another 5-8% for inflation.

hence if unit bought at rm350k, then sell at rm530k to be safe.

anything lower is a discount based on current market value.


Added on July 13, 2011, 10:07 am
QUOTE(ROCKEY @ Jul 12 2011, 05:50 PM)
Bank evaluation for KIO Kinrara is around 350k for 1000+sf unit.

I don't see any reason why Zest cannot hit 450k in bank evaluation.
*
why a big discount?

if you factor in inflation, your ringgit value is smaller, hence effectively you've lost money in your investment.

min for the zest is rm500k per unit considering some late buyers bought at rm350k.


Added on July 13, 2011, 6:14 pmLai Meng, the best Chinese school in KL is moving from Jalan Ampang to Bukit Jalil. Class commencement targeted 2013.

Zest & surrounding properties will boom like mad, like crazy, like nobody's business as people will pay premium for the children's education including finding a residence nearby.

Bukit Jalil/Kinrara is set to soar. Zest can easily fetch RM600k now.

This post has been edited by Covillea: Jul 13 2011, 06:14 PM
Pai
post Jul 13 2011, 06:57 PM

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600k for Zest is a fairy tale price IMHo............ can buy a duplex loft unit in Tropics for that price leh..........
SUSUFO-ET
post Jul 13 2011, 07:43 PM

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If RM500/sf for Zest, Bkt Jalil condo is better bet

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