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 1120 Park Avenue - PJ South, any comments?

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eugene jk
post Dec 13 2009, 02:07 PM

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QUOTE(airline @ Dec 13 2009, 01:26 PM)
is PJS a PJ address? Anyone.
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Aiseh... this world there is something call "Double-U Double-U Double-U dot Google dot com" whistling.gif

http://pjcityplan.mbpj.gov.my/esubmission/...ASAN%20MBPJ.jpg

This post has been edited by eugene jk: Dec 13 2009, 02:07 PM
eugene jk
post Dec 14 2009, 03:19 PM

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QUOTE(gstrapinuse @ Dec 14 2009, 11:56 AM)
I asked my developer friend..they said without the notice board n also not yet started piling y have to pay 10%??Now i am kinda worry...
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Then your developer friend tipu you la...

Read Jadual H http://www.hba.org.my/laws/housing_reg/2002/Jadual_H.pdf page 27

1) Apabila Perjanjian ini selesai ditandatangani - 10%
2) kerja-kerja di bawah aras bumi termasuk
menanam cerucuk dan kerja -kerja asas
bagi Bangunan tersebut yang mengandungi
Petak tersebut - 10%
eugene jk
post Dec 19 2009, 11:28 PM

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QUOTE(li_ping @ Dec 19 2009, 11:17 PM)
IMHO, for investment still OK but I won't stay there myself.
Ex mining land is quite risky.
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If it can't even pass your "I can stay there" test, how do you expect your investment to be viable? hmm.gif

eugene jk
post Dec 20 2009, 11:24 AM

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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?
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What our fren meant is not interms of Luxury but rather Safety..
eugene jk
post Dec 27 2009, 06:49 PM

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QUOTE(AbangCorp @ Dec 27 2009, 06:03 PM)
who goverment want to chase out their own people


Kampung Buah Pala.. sweat.gif
eugene jk
post Jan 14 2010, 02:29 PM

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Guess ppl adi starting to q up today liao~
eugene jk
post Jan 20 2010, 10:18 PM

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QUOTE(Cannot Tahan @ Jan 20 2010, 10:13 PM)
the discussion?
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You are fast dude biggrin.gif

eugene jk
post Feb 10 2010, 12:32 AM

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QUOTE(dadidi @ Feb 9 2010, 11:50 PM)
ya, I realize that not much Type M unit left for tower4.

Indeed, i dun mind to take lower floor due to the cheaper price.

Cause in future, i simply cant use the reason: bcoz of the higher floor unit, den i push up my rental.

Thus, i dun mind to start invest with minimized budget. (can save a few k for decorate my unit with better furnitures.)

hehehe, I admit, I am a calculative person. tongue.gif  tongue.gif
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Its always better to choose a unit with better "potential in nature" rather than because of pricing.

Notice that a lot of investors in PA1120 and if everyone tries to rent out their unit upon completion, competition will be great.
What makes your unit standout compare from the rest decides the rentability of your unit.
If your unit is not so outstanding compare the rest (noisy higway, facing pool with noisy crowd every evening, facing hot evening sun, less attractive view etc etc), the only way to "win" is to lower down the price that might be a double edge sword.

Even selling makes easy if the unit you own has "better potential" and buyer wont mind to pay a premium if its good.. Some units will just keep on advertising forever due to bad location or force to sell at below average price to get rid of it.

Early birds usually get to choose the more ideal units wink.gif

Thus, buying a prop investment, invest in its potential, cheap price should be secondary, because competition is fierce.. my 2 cents wink.gif

eugene jk
post Jun 24 2010, 06:33 PM

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QUOTE(aquest @ Jun 24 2010, 05:22 PM)
its good that once in a while, a wise conservative property spectator pops up to warn those enthusiastic property speculators of the dangers when 'what if' scenario happens. but if 'what if' it doesn't happen? probably the spectator would like to compensate the speculators for the loss of capital gain..then everyone will take heed of the advice of not buying. now if nobody buys, what would happen to the property values immediately..assuming majority of the purchasers r speculators?
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Even in an over-supply condition, good location still always in demand.. Location x3..
eugene jk
post Jul 20 2010, 06:04 PM

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QUOTE(tzekchai @ Jul 20 2010, 05:47 PM)
Hi 0103127,

Actually I'm just about to sign the S&P this weekend only. My reason to them is that my bro, who is the joint purchaser, is in overseas and need time to come back for signing, and the S&P lawyer accepted it. Also, my bro applying for EPF, so I have a lil more time. Hopefully by the time i sign the loan doc, the interest rate already been lowered, then I can get the bank to revised my offer letter...
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I tot the only direction for interest rate nowadays is up^ unsure.gif
eugene jk
post Jul 20 2010, 06:18 PM

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QUOTE(limwc78 @ Jul 20 2010, 06:09 PM)
yes the blr already increase to 6.30 but there are no different when we get the offer on last 6 month. What i get 6 month is blr-2.1 mean 6.30-2.1 = 4.2% . Meaning if you manage to get better than this, you already get the better offer.
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even the "-X.XX" is getting lesser... "-2.1" nowadays is blardy good...
eugene jk
post Nov 25 2010, 01:01 AM

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QUOTE(khyuen @ Nov 23 2010, 09:46 PM)
Watch this on youtube. It will amaze you.

China finish up a 15 story hotel in just 6 days.

So if they can do it why not  1120 Park Avenue.
here's the link.

http://news.yahoo.com/s/yblog_upshot/20101...n-just-six-days
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China has dirt cheap material cost and dirt cheap labour cost.. Extreme engineering technology far more superior than bolehland..
China is blardy rich and with the amount of $$, anything is possible.. basically, they can do anything..
Moral of story, got $$, anything also can..
so.. are you paying millions for 1120PA? 一份钱,一份货。。get real my fren..

This post has been edited by eugene jk: Nov 25 2010, 01:04 AM

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