The rent for 850sq.ft unit is between RM700 to RM1200.
My unit in Block H is RM1,100

This post has been edited by pekanmy: May 14 2012, 02:00 PM

I think until the africans & foreigner being get rid of the problem still exists, this is from my bottom heart. They are the reason why the place become low class. The security is not good, as much improvements has been made unfortunately. I dont think if there's africans, then it is safe, especially for woman. This is a very very understood matter. As much as I dont want to discriminate, yes africans are one of the problems makers.

the view might be nice(dont think it is as nice though), but security is more important. and if the surroundings is dirty, dont hope that this property will go up, honestly. If now, someone sells at rm160K, and if there is someone buys it, that person must be an idiot.

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Added on May 15, 2012, 1:48 amThis post has been edited by mrchipsley: May 15 2012, 01:48 AM

anyone can put rm300K also. of course you can put. But whether a person know how to see the worthiness of this property, then they will know even putting rm160K itself is indeed already overpriced. im saying something very honest. as for the nearby development, until it comes up as plan, then only see the price, otherwise, "news" will stay as "news".......

Hi MrChipsley,
Since you are knowledgeable and honest person, I hope you can enlighten us about the 'true' value of this place namely block E,F and H. Thanks.

actually, you can always go to get the value from property valuer. you'll be shock at how high property owners like to put at their property. that's everyone, do your due investigations before buy a property, especially in an area where security is an issue and basic neccessity always got interruption.

I paid a Valuer to value my house for a bank loan and they value it at RM380k. If I were to put up my house for sale for just RM500k, it will be sold the next day.

dont quite get you actually....what's your point ? how can you compare "your house" with this flora damansara ? unless you wish to have your house the same situation like gflora damansara, then im very sure you will see if anyone buys the next day if you put rm500K

talk is cheap.

Oh, Very good return

Look like I need to find out more on this flora damansara.

mr chipsley, to be very frank with you, describing this all in a forum here wont help. The purchasers MUST GO TO THE LOCATION, then only they can relate to you. otherwise, people are being blinded by the "empire project", figure of rental that are being pluck from nowhere, this area is a classy place....

until people see it for themselves, people will be sceptical of what you say because of human greed, they choose to believe the hallucination....

I think the thing we were highlighting here is that the place is far from ideal at its current state. That being said, the property is probably already at its all time low and like they say once you reach rock bottom you just can't sink any further. Not saying that it would not or could not, but chances are low.

I believe the good news for investors here is that chances for the property to lose what’s left of its value would be low as compared to what it could grow. This was one of the reasons why most of us decided to invest in Flora Damansara.

Honestly, most Propcritiques would condemn this place to hell, however the fact that people still stay there and units are easily rented out is a good sign that maybe Flora Damansara could be slowly but gradually climbing back up from its rock bottom.

This post has been edited by lilac: May 16 2012, 04:35 PM

to be very honest with you, i agree : That being said, the property is probably already at its all time low and

BUT, i simply dont agree on the price. they arent reflecting what you've said.

This post has been edited by shaquenator: May 16 2012, 04:40 PM

What kind of furnishing you do ?

My one also Block H renting at RM900 basic. Haven't find the right tenant yet.

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Added on May 16, 2012, 5:10 pmDude, not everyone perception same like yours.

You got to look all aspect. If you look at locality is indeed a selling point here.

If you dislike the place, keep it yourself. Don't spoil the market.

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Added on May 16, 2012, 5:13 pmThan do enlighten us how we should agree on the price.

You think it should be RM100K ?

This post has been edited by Alvinyeo: May 16 2012, 05:13 PM

Dude, not everyone perception same like yours.

You got to look all aspect. If you look at locality is indeed a selling point here.

If you dislike the place, keep it yourself. Don't spoil the market.

dude,not v are spoiling d market ok? v r helping ppl so that they wont fall into big hole!

Flora is a place to avoid 110%. Location good so what? Check out the niggers there then only open ur silly mouth!

At best i think even empty unit block h max is 130k. Those talk 160k all big bullshit. d oni bank that will give market value of 160k is his father's bank. period

walau, on the face! phish!!

only desperate people want to rent from you rm900. your place there doesnt deserve to get at even rm700.

not everyone the same perception, BUT certain things everyone will have same understanding.
are you saying it is ok to encourage people to rent in a place with a lot of "cheap" foreigners ?
are you saying it is ok to stay in a dirty environment ?

actually this place is 10 mins drive to Mutiara Damansara, it is not beside mutiara damansara, so what makes you think how convenient it can be for people ? you have to remember, this place has no bus at all.

it's not the people dislike the place. you got it wrong. these people actually wants to make people realize that rm160K is NOT the current price and not worth to buy because all the disadvantages is more than the advantages. that is why rm160K is very expensive, which is TRUE.

wait, let me guess, ARE YOU LIVING THERE ?

This post has been edited by david_lynn: May 16 2012, 08:40 PM

You know what would be crappy? If someone living there is actually reading this.

Alvinyeo, I understand your hopes for the place and your efforts in raising the prices there. You yourself have invested in 4 units there right? However, you need to be aware that by helping people sell at RM150,000 or a higher price may not have much influence in the market at all. I bought a unit there and I too hope prices would spike up a little, however to face the facts, it's much more than that.

That place needs, Better Management, Better Residence, and Better Pricing. I know pushing one or the other might make a small shift but it's about pushing for all 3 not only 1.

Sure better pricing would chase away poorer residence one they can't afford the place. Sure better management could lead on to better pricing. And of course Sure! Better residence would make a Better Management! It's about working on the issue from not only the $$$ point of view.

But at the end of it all, maybe what it really need is a chance?

To the critiques, I get where you are coming from. However, if everybody is going to say that Flora Damansara is filthy, full of immigrants and don't bother improving the status of living there nothing is going to budge!

Like i mentioned, again and again... Flora Damansara is far from ideal. But not everybody earns enough to buy a 200K home, or now 300k for ideal... and most certainly not everybody gets to inherit property from their parents who worked for it years earlier.

I bought a unit there not because I would expect this place to become a Cinderella story overnight. I bought it unsure if it was a place to stay or a place for investment. I told myself since it's being my first property, let's wait and see.

But you know what... at the end of it. If you actually took the time to speak to the locals there, they'd grumble about the same things as well... but at the end of it, many of them are happy to see the improvements throughout the past year; much less water/power disruption, swimming pool is coming back up, "security" & maybe just having a place to stay.

This post has been edited by lilac: May 16 2012, 09:17 PM

firstly, it is common for people to judge the property before buying the property isnt it ? afterall, everyone is expected to do their own homework. you cant expect a purchaser to go to this property and do cleaning ???? This is obviously up to the community there. If the community does buck up, obviously people will be attracted and will come to buy even if it is rm150K. Obviously if it is dirty people will say dirty, if it is clean, takkan people want to say it is dirty ? unless that person has mental problem i guess...

but at the end of the day, what mrchipsley says is true. UNDENIABLY true. I get your point about the affordability of people to buy properties rm200K and above...but i think everyone has a right to even make a comment for a property they are going to buy, right ? It is your money, and as you say it, not everyone earns high....some need to pay loan for the rest of their lives. So, do you want them to just simply buy and get caught paying loans for the rest of their lives for something that is not worth it ?

the security is not even in place, so i felt that what the residents are paying for monthly maintenance is a bit disheartening. to be frank, until the improvements comeby, dont think this property is really as worth as what some owners want to sell. The owners also have to realize this to be fair to the purchasers....

Thanks for understanding.

I have plans to improve the situation at there. Bit by bit, i know can prove these people wrong.

I had talked with agents and management here to not rent negro block D and above. Want rent ask them go Block A & B.

Got agent offer me RM1200 for my place but is negro. I turned them down.

Frequently pay a visit to the management on what be update on the apartment.

As i know the swimming pool be ready soon in Block E for block D,E,F,H owners or tenants only. A barricade be build around the swimming pool to avoid outsider enter into it.

The entrance or road enter at Block A & B will be extend to at least 4 lanes. They gonna destroy the public parking and build a multi-storey parking at the side of Block A.

lilac, Is great to have someone able to see the potential in this property. When i bought that time i took serious consideration before enter into it. I don't regret at all. Hope you too.

why people like you guys always give REDUNDANT answers one.

I just ask whether he lives there or not, not how many property he have. How much he has, not my business anyway. One day you got 20 properties, the next day you're bancrupt....life is not always on top lah.

dont worry, your answer wont make me jealous, not even a bit

I can get 4 bankers to give me valuation of RM160K. And 4 of those banks doesn't below to my father. (Sorry if i don't get your sarcasm)

So you're saying if there no "niggers" than is a livable place ?

Let me tell you the few points i'm confidence in this property :

1. The only High-rise apartment in Damansara cost less than RM200K
2. Cheap rental (for medium cost family)(Always have tenant)
3. Convenience (Strategic location)
4. The beautiful view and windy
5. Surrounding a lot new development. (Empire City, Empire Damansara, ForestHill Damansara)
6. Future MRT at Curve



Most important now this property giving me positive cash flow. I don't lose anything here. Even if i let go now at the price of as you say RM130K, i still make some.