wau liao.... this thread is real hot.... i spend about 30 min to catch up 1 week of backlog!!!

There is always big demand around sri sentosa by lower income group due to the lower cost.
Since it is aimed for lower cost, the rental at this area are slightly lower to the surrounding area.
I strongly believe renting it out is not an issue. The issue is how far the rental can go.
If PA1120 is built with quality and good management (high hope put on the new JMB ) definitely the rental will go up.
Also we need matured resident to stay in and create a harmony environment and taking care the common facilities. E.g. Sri Manja Court is maintained in a good condition over the years. The unit is easily rented out.

1120 is easily absorbed by the middle income group. What we need to do is to make sure negative factor doesn;t flow into PA1120. E.g. Low income group of people renting the unit and Africans. (i'm not racist here. but generally low income group of people doesn;t take care the property well, too many ppl living in a single unit and african creates the fears among residents.)
We need more middle class and family to live in especially owners themselves. (no doubt sometimes kids can be a nuisance)

If you were ask me whether can get good rental yield, i doubt it for phase 2. It is pricey compare to phase 1. You rental may only sufficient to cover the loan which you still need to fork out $$ for maintenance fees, insurance, etc. Anyway, some may think this is okay.

If you ask me will there be any future development and may make this area better. Sorry. not likely. No more land. Only small parcel of land available after this.

To throw in some positive news, there is a new link road between sri manja to Kesas will be open by end of the year. This missing link supposed to be constructed 10 years ago now resume by Selangor government. Once this link open, we no longer need to go OUG, jln puchong or passthru sunway to puchong. It can shortern about 15 mins / 7km travel time to puchong. Many of you may not aware of this. So cross finger and hope this link got constructed smoothly.

I've been staying in this area for about 7 years. Snatch thieves, break-ins and crimes are common here although there is police booth at the junction and sri sentosa. We need just to be extra careful. Gals never go out alone and should be always accompanied. Don;t bring too much $$, don;t wear expensive jewelry, always be alert and no handphone while walking.

Food, plenty of it in sri sentosa, sri manja square and PJ old town. No worry.
Supermarket, a lot in sri manja square and sri sentosa. 5 mins to sunway pyramid.
Last time, they have been many incident of car scratching in sri manja court but now no more thank to the strict security and good maintenance.

Some may talked about the faulty smell. Yes, it is still there. but not as bad as 5 years ago. Now it only happen less than 5 times a year and only during raining days. It comes from an illegal dumping site at tmn medan. I believe our units are far enough from the dumping site. Selangor government has pour in millions of $$ in treating the polluted pond. Now selangor government is considering filling up the pond with earth. (kekekeke, please vote pakatan rakyat in our area) Pakatan Rakyat has taken many measures in resolving our area compared to BN.

Everyone may have a different opinion. It is always welcome the constructive ones.




This post has been edited by ch_leong: Jan 21 2010, 09:20 PM

Hi Anyone have idea how much is the MRTA say for 30year loan @ RM230K

Realistic, Informative, Extensive and most importantly, emotionless

With extreme respect, this is the most valuable comment about 1120 that i have ever gathered.

Thanks.

huh..really a good clarification and information..thanks...gv u a clap..clap..clap..clap....

can i know .. now the phase 2.. most cheap price is how much ?

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Added on January 21, 2010, 10:52 pmcan i know .. now the phase 2.. most cheap price is how much ?

This post has been edited by cutealex: Jan 21 2010, 10:52 PM

just go there today. s type selling at RM20XK cheapest. and selling like hot cake.

anyway, is this developer can be trusted ?

then u got place booking boh ?

trusted not sure
but low profile it is

some say can be trusted

not yet ..still considering.. offer very good ..but piling I can see just started nia... not much info of the company .. where is their office ??

wah really

is it near kedai makan shoplot, if it is that suppose to be phase 1

maybe phase1 la.. haha .. u go and check ..

The piling should be the petrol station & fast food restaurant, not 1120 PA.

This will also boast up a little

"Taylor campus will moving to PJS 7 on 2010. Although the distance to 1120 condo is 5 km but the subang ss16 all the expensive condo also 5 km distance. Suriamas need about 2 km but rental also expensive. You will see recently many people let go the unit of suriamas. Because the Sunway business center the taylor student most people already move to new campus. If both place also need to take cab might choose a cheaper rental. So 1120 park avenue is the only option, hopefully it will be a decent rental for fully furnish condor" quoted from "http://mytotallyproperty.com/blog1"/?p=722

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Added on January 21, 2010, 11:41 pmGiz,

Banker just let me know today that my MRTA for 30 years for my condor @ 218k = 8k plus, Now thinking to reduce the year of coverage.

This post has been edited by scmylts: Jan 21 2010, 11:41 PM

the land hadnt touch yet..only the petrol is done 70% complete

from 1120 to PJS 7 traffic jam or not? but ch_leong said a lot of snatch thief then very hard to rent for student because most of them take buses.

The road that link to kinrara and kesas under going construction. Maybe this years will finish the job. So it will take 5 minute to kinrara next time.

Hi winlee,as what i understanding is OCBC you have to write in for withdrawer but they are no maintainance fees.But HSBC did have maintainance fees for rm10 per month..So both of them got bad or good lorrr..Only decide when you have all the offer letter then only can compare..(correct me if im wrong)

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Added on January 22, 2010, 10:09 amI AGREED!!! javascript:emoticon(':clap:')

This post has been edited by deric1979: Jan 22 2010, 10:09 AM

I checked with loan officers, saying that legal fee no longer can added into loan amt, where phase 1 buyers can added the legal fee into loan amt if they want to.

Can anyone advise normally they can discount up to how many percentage max ? should we request from bank, lawyer or both ?

Thanks

I really don;t hope PA1120 filled with students. It's a nightmare for management, JMB and owner that stays there. Our common property will get damage very fast and they are very noisy. You would expect many of them may live in a single unit. Unless we have cooperation from the college itself to regulate how the student stays there. I know it too well because I have a unit in Cyberia previously. The security door has been damaged by the student due to their friend doesn;t have access card. They won;t sleep during night and make loud noise, throwing rubbish from upper floor, playing with the lift buttons and stealing lights from the common area (I;m so sorry to put negative comments on students). Students are good for investor but definitely not those who stay there and want a peaceful life.

We still welcome student population, but need to be controlled by the JMB. Once they become majority and out of control, it is really a nightmare!