maybe cause its next to desa park city.
dpc link house 2 storey rm 1 million already.
kepong 1st residence sales still slow.
1120 Park Avenue - PJ South, any comments?
1120 Park Avenue - PJ South, any comments?
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Dec 20 2009, 01:39 AM
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7,923 posts Joined: Feb 2007 From: 1 Malaysia |
maybe cause its next to desa park city.
dpc link house 2 storey rm 1 million already. kepong 1st residence sales still slow. |
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Dec 20 2009, 09:27 AM
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536 posts Joined: Nov 2007 |
QUOTE(eugene jk @ Dec 19 2009, 11:28 PM) IMHO, "I can't stay there test" can't be used on every single person. If one is filthy rich, he/she will not want to stay in a medium cost apartment. But that does not mean the apartment is not viable as an investment. He/she can still buy & flip knowing many middle class people out there will stay there. Nope? |
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Dec 20 2009, 09:39 AM
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756 posts Joined: Dec 2009 |
QUOTE(airline @ Dec 20 2009, 01:39 AM) maybe cause its next to desa park city. If your theory is correct, then pjs is close to pj old town. so the condo price should be?dpc link house 2 storey rm 1 million already. kepong 1st residence sales still slow. Added on December 20, 2009, 9:43 am QUOTE(T816B @ Dec 20 2009, 09:27 AM) IMHO, "I can't stay there test" can't be used on every single person. If one is filthy rich, he/she will not want to stay in a medium cost apartment. But that does not mean the apartment is not viable as an investment. He/she can still buy & flip knowing many middle class people out there will stay there. Nope? Precisely!. Ppl already stay in Semi-D won't want to stay there but that doesn't mean nobody want to stay there. Middle class ppl will consider this place especially there are working in PJ or Sunway and they can't afford to buy a new landed house or condo there.Added on December 20, 2009, 9:52 am QUOTE(Raub @ Dec 20 2009, 01:26 AM) Don't get me wrong. Which place is good is very subjective. I have no relative in Kepong and my workplace is not near kepong hence i wont choose Kepong. My fren has family in kepong hence he likes Kepong. Same apply here. If ppl has family stay in Sunway, PJ, OUG, OKR, they may choose an affordable condo nearby rather then a expensive condo in a very good location.This post has been edited by cheraspeople: Dec 20 2009, 09:52 AM |
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Dec 20 2009, 11:24 AM
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1,479 posts Joined: Dec 2008 |
QUOTE(T816B @ Dec 20 2009, 09:27 AM) IMHO, "I can't stay there test" can't be used on every single person. If one is filthy rich, he/she will not want to stay in a medium cost apartment. But that does not mean the apartment is not viable as an investment. He/she can still buy & flip knowing many middle class people out there will stay there. Nope? What our fren meant is not interms of Luxury but rather Safety.. |
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Dec 20 2009, 12:38 PM
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536 posts Joined: Nov 2007 |
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Dec 20 2009, 05:39 PM
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730 posts Joined: Jul 2007 |
went there jus now..
according to SA, phase 1 is sold out... phase 2 is not launching till much later.. mayb aft CNY.. |
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Dec 20 2009, 05:59 PM
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248 posts Joined: Dec 2007 |
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Dec 20 2009, 06:00 PM
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17 posts Joined: Jun 2008 |
QUOTE(limwc78 @ Dec 18 2009, 09:14 PM) yes call me just now, ask to sign on this saturday. I say my due date suppose on next saturday. If I sign S&P already then loan not approve i need to detuct 1% of purchase price. mean RM 1879 need to forfeith. If after 14 days only sign S&P then no applicable for 4.5 years free interest. I received a call from the lawyer office asking me to sign the S&P by tomorrow, Monday. I booked my unit on 12th December 2009 and thus, I actually have until 26th December to sign it. Why they want to do that is it they also worry their property not confidence. Did anyone receive the same call like this. I'm confused now - 14th working days or 14th days (including PH, weekends)? How am I supposed to sign S&P when I dont even know if my loan is approved or not! WEIRD WEIRD WEIRD! |
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Dec 20 2009, 06:09 PM
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730 posts Joined: Jul 2007 |
QUOTE(winner @ Dec 18 2009, 07:45 PM) The buyers consist of investors and owner-occupiers. I went to the site and sales office last Saturday. I saw a lot of young couples from all races so I guess they must be first home buyers. I am an investor but I didn't make a purchase. Location is not bad, pricing is affordable and the deferred payment scheme is tempting. I am sure the developer will increase the price soon. However, what I am a bit worried is whether the developer has the ability to complete the project, as they has not started any construction activities at the site yet taking into consideration that Phase 1 comprises more than 1000 units. anyone knows d history of d developer?supposedly, they haf done a few developments done before.. but under different comp names.. tho still under peters holdings s/b... i tot phase 1 & 2 is 1120 units... not phase 1 alone more than 1000 units...correct me if i'm wrong.. |
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Dec 20 2009, 06:27 PM
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1,003 posts Joined: Jan 2003 From: KL |
Does anyone know when they will open the other towers for sale? I will only have time to have a look a few months later so I guess I've missed the first two towers.
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Dec 20 2009, 06:48 PM
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730 posts Joined: Jul 2007 |
phase 2 will be aft CNY, according to d SA...
remaining 3 blocks.... |
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Dec 20 2009, 10:26 PM
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4 posts Joined: Nov 2009 |
I might want to release my unit at Level 14, Tower 2, East facing, S. Thinking hard....
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Dec 20 2009, 11:49 PM
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859 posts Joined: May 2009 |
yes misnail, so actually i will only tell them i sign on saturday 26th. Because i got high commimment and too risky to sign. If loan not approve and after sign it. They will deduct around RM 1,879 charges. This is what i am not satisfied. I thing they few giving 4 and half year interest a bit more. So try to get back some unit together sale on next launch.
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Dec 21 2009, 01:01 AM
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233 posts Joined: Mar 2006 |
QUOTE(limwc78 @ Dec 20 2009, 11:49 PM) yes misnail, so actually i will only tell them i sign on saturday 26th. Because i got high commimment and too risky to sign. If loan not approve and after sign it. They will deduct around RM 1,879 charges. This is what i am not satisfied. I thing they few giving 4 and half year interest a bit more. So try to get back some unit together sale on next launch. dear all buyeri know ppl, have bought the unit presume 70% non bumi chinese and indian 30% bumi malay + aborigines 1 - progress so far i heard that there is no sign board on given plane of land but have there any earth work started yet surveying etc my father is an engineer, he seems to be more knowledgable but i will try 2 - what is peter holdings track record why is 1120 park avenue sdn bhd, what is the connection to peter's holding bidding, won contract... hmmh i see we miss this thing in the process, we discuss more about how to satisfy the company loan approve and sign snp but if they cabut just like that it will be even more painful having 10% thrown to them if lambat siap not so la... if abandoned.... very painful 3 - loan arrangement i heard no need to pay anything until unit completed with cf / key received (snp 3 year or 36 month) another 18 month or 1 n half yr 7.5% paid by developer bank selected - what is their source of income then if they have so much money - why there is not even a progress is there any different between one and another lawyer & banks i heard scb pbb uob (5 banks cannot remember) only to enjoys the campaign sorry for being so pesimistic - but liars a too many nowadays i hope what i want to bring to all of you is confidence Added on December 21, 2009, 1:35 ammy quick findings with my best friend www.google.com http://www.malaysiapropertynews.com/2008/0...up-rm1b-kl.html http://biz.thestar.com.my/news/story.asp?f...68&sec=business http://www.metrohomes.com/appmain/hminfo/i...on=projecttrack This post has been edited by AbangCorp: Dec 21 2009, 01:35 AM |
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Dec 21 2009, 09:10 AM
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11 posts Joined: Nov 2009 |
the whole project is being built on an ex-mining land.
early this yr the whole site area is still a mining pond. when i pass by yesterday i noticed a lot of those area are no longer filled with water. they even diverted the water from the pond into the large drain beside the site area (quite some time ago). i believe it takes a very long time to complete the ground work because it's ex-mining land. expected completion date of 2013 makes sense. when the piling is up, the rest of the building will be very fast. |
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Dec 21 2009, 09:16 AM
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859 posts Joined: May 2009 |
yes they mention the project complete on dec 2013. Mean until now is still have 4 years. They mention 4.5 year free interest. If they start building now. after complete only 0.5 years free interest rather then they say after completion still have 1.5 years. Or they will start work on dec 2010, so can they complete on time. But they haven;t do any piling yet, but why we need to pay 10%. Many question need to ask them.
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Dec 21 2009, 10:33 AM
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730 posts Joined: Jul 2007 |
QUOTE(AbangCorp @ Dec 21 2009, 01:01 AM) 3 - loan arrangement errr... i tot bank is not d one coming out wif d money.. i heard no need to pay anything until unit completed with cf / key received (snp 3 year or 36 month) another 18 month or 1 n half yr 7.5% paid by developer bank selected - what is their source of income then if they have so much money - why there is not even a progress is there any different between one and another lawyer & banks i heard scb pbb uob (5 banks cannot remember) only to enjoys the campaign sorry for being so pesimistic - but liars a too many nowadays i hope what i want to bring to all of you is confidence developer is paying for d interest.. for 1st 3 yrs, during construction... then thereafter, 18 mths, 7.5% is given to owners.. then owners will use this to serve as bank installment.. or other things... isn't it so... ? This post has been edited by dream.angels: Dec 21 2009, 11:04 AM |
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Dec 21 2009, 11:09 AM
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23 posts Joined: Nov 2004 |
QUOTE(limwc78 @ Dec 21 2009, 09:16 AM) yes they mention the project complete on dec 2013. Mean until now is still have 4 years. They mention 4.5 year free interest. If they start building now. after complete only 0.5 years free interest rather then they say after completion still have 1.5 years. Or they will start work on dec 2010, so can they complete on time. But they haven;t do any piling yet, but why we need to pay 10%. Many question need to ask them. After checking with developer, the whole project completion is on Dec 2013 (this include phase 1 and 2).For phase 1, the completion will be on Jan 2013 (estimated) . If you tent to go to the site, you can see there are some big machine is starting doing something, I belive it just site clearing. |
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Dec 21 2009, 11:25 AM
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696 posts Joined: Nov 2005 From: Ipoh, Selangor, KL |
I asked them last week and they told me they've already done the earthwork.
I checked with Jabatan perumahan, they told me once the construction has started only they will put the signboard.If not, no need to put 1st.They are gonna start the construction after CNY. |
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Dec 21 2009, 11:26 AM
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859 posts Joined: May 2009 |
hi ausmat,
thanks for clarify, if the phase 1 completed can we move in? I think cannot because it mention the whole project complete on dec 2013. So we still have to wait until end of dec 2013 only can get CF. It means after completed only 6 months free interest. So I am sure phase 2 no more 4.5 free interest offer. |
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