@sonycamera,
I've not been there for quite a while now; the entrance should be somewhere opposite the school

@tinkerbel

Sold your unit? Was told a standard intermediate linkhouse near the school is asking RM600-650k, true or not?

By the way, when is the opening of SS2 mall, quite eager to see how it stands if compared with Tropicana City........

This post has been edited by sonycamera: Jul 22 2010, 10:36 AM

@sonycamera,
Not yet.. and I haven't really quite contacted my sales person to tell her I've intentions of selling. Have no idea what the going price is for those link houses but IMHO, RM600-650k is a bit high for that area; then again, it's just me!

Wow ,crazy prices for SS2.RM 900k for a condo in SS2?

Maybe its just me but I would rather buy in MK .At least theres the prestigious address.

5 Stones is nice,but cant understand how they can price it so close to MK.Besides,SS2 is such an old area.It is surrounded by those really old houses.When you go to SS2,its just like going to any other part of Malaysia,whereas when you are in MK,you feel like you are in SG.

ANyway,thats just my opinion

Cheers to everyone who bought LIMA BATU!

Kevin, imho, i'm very sure you aren't very well versed with properties and locations around PJ. You seem to know of Mon't Kiara only. Suggest you research more for better knowledge as it'll help you in times to come

Food for thought, do you know where the hot zones in PJ are?

This post has been edited by Wan2Sell: Jul 22 2010, 03:55 PM

From my observation, these days, prices for new condo launches in Pj, Subang jaya., etc are getting closer to MK. Looks at Surian, Desa Park City, Isola (to be launched soon), it is ~rm600psf. Interestingly, the take up rate is high.

For whatever personal reasons, I know they are many ppl who prefer Pj to MK, especially buying for own stay.

@sonycamera

You are right, despite steep prices the take up rate is still high. Main purchasers are young execs., families, or member of the family i.e. mostly those who has lived and grew up within the area for the longest time. Like myself, I bought into both Ameera and 5 Stones simply because it's a stone throw away from my parents, in addition to it being in a matured and familiar neighborhood with great location. This applies to many who have and are buying into PJ area(s).

As for my other propeties in MK, it's merely for investment. At least for me. I don't fancy living among expats. Don't feel very Malaysia there

This post has been edited by Wan2Sell: Jul 22 2010, 04:08 PM

I mean like Kota Damansara is better off than SS2 .I dont mind paying RM 900k for a condo in Kota Damansara,but not SS2 cause like I said earlier the area has been around for ages.

And besides SS2,I saw a few condo around the Tropicana City area there.I think there would be a better location and easier to rent out.

IMHO,if you are buying 5 Stones,its definately for own stay.No one in the right mind would pay RM 3k-RM4k rental for condo in SS2.

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Added on July 22, 2010, 4:32 pmYea there is alot of rich young Msians.They decide what they want to buy.What I mean is that if you have RM 1M,will you buy a condo in Subang Jaya,PJ,Cheras,Kepong,Selayang or would you buy one in Hartamas,MK,KLCC area?

I cannot answer that for you,depends on what you want and whether for investment of own stay.Some ppl dont mind paying alot in a less prestigious address,but some ppl just want a nice address.

So i think it all boils down to what you want to do with the property right? Dont ya think so?

This post has been edited by kevin23: Jul 22 2010, 04:32 PM

I would buy PJ intead of MK. MK is pure investment. Own stay, PJ the best i.e. SS2, DJ, SS17, SS16 & TMN SEA is way better than Kota Damansara in terms of accesibility and location. A mature neighbor hood is always better in my oppinion again

In short, everyone has a choice, and its not for others to decide but YOURSELF end day

5Stones is geared towards purchasers buying for own stay and ppl who like ss2 environment. Why these ppl prefer ss2 to MK, well, it is a very personal preference.

If I could recall correctly, the block with the bigger bu (50 units), I think ~ 2900sf were taken up within days as compared to small units ie. 2000-2400sf. I believe the 2900sf were sold at around Rm1.4mil.

Based on today's market sentiments, though I am not one of the above purchasers, I believe most of them have no regret and are happy buyers.

Anyway, this is my personal view, I am sure there are many different views out there....

@sonycamera,
It's also true that land is no longer too available in the PJ area and people do tend to upgrade hence more luxurious developments in the final available plots

Eh.. what 1.4m... 1.5m lah!

@kevin23,
I beg to differ. ss2 is a 'developed' area; the place is what it is right now and can only get better, not worse. Plus that's the last piece of land in the surrounding areas. I'm not saying KD is no good but well, KD is v v v big - in fact, the next big development's gonna be along the Guthrie Highway [am not sure if it's called the Guthrie Highway or whatever the name is] but I'm referring to the land by old Terminal 3 Subang spanning all the way into KD.

I'm also quite positive U aren't gonna believe people are actually paying RM20k to live in Sg Buloh, right?

@ tinkerbel

yap, guess you are right, it is more of RM1.5 mil than 1.4 mil. Just realize upper level in the highrise block were sold at about RM1.2 mil during the launch and it was smaller bu, ~2400sf.

Anyway, majority of the buyers are for own stay, there would not likely to be a oversupply situation on completion in secondary market. I believe there are more investors (either to rent out or sell) in Ameera.

On that note, perhaps, you should keep it and decide on the stay or sell option on completion........

@sonycamera,
Like I said, I haven't really done anything to sell the unit. The option of moving in is still viable, even with the sale of this unit

Hi I am new to this topic. Any idea what is the reslae price for the villa and the condo units per square feet?

Not sure if there is any subsale done yet.

Judging from the recent launching prices of other condo projects such as surian, desapark city, I would imagine the existing owners are likely to be looking at closer to rm600 psf.......

whatever it is...at the end of the day...buying property is just location location location. MK is next to Damansara Height, Bangsar, Duta. Where all the rich is, thats why is expensive...further more the new palace being build there. As for SS2, is old leh...i use to study there...is just student area. As long the area is infested with student. It means... that area is for student rental area. Similar to like Subang, Taylor college area. It just won't go up..the price. Is just over price for 5 Stones. Furture more SS2 is famous for crime. As for the new shopping mall... well almost every corner now is just mall. Bukit Bintang is dead for sure...

If going by your reasoning, the newly launched condo at DPC which is in Kepong is definitely way off at almost RM750 psf but still the units taken up was over 90% (from what I read). Location is a matter of personal prefernce which explains why there will always be takers for properties that are being launched all over Klang Valley (one man's meat is another man's poison). Also I think there are 2 schools of thoughts here. One is where they have already bought in and are waiting for the market to go up and profit from the price increase. The other is those that are still waiting and haven't bought in yet and still thinking that it is just a bubble and will soon burst and will keep saying the price is overpriced.

@tycoonman,
Have no idea what the subsale prices are as I haven't really been on the lookout. I do however have a 2,909 unit available for sale. Am looking to let it go between 600-620 psf so if you're interested, drop me a PM.

@yipwh,
I don't really agree 100% with ur statement but hey I'm biased only because I bought into Five Stones

Sdb's target market is more for self stay purposes and for ppl who are familair and like the ss2 environment. 5Stones is not the right product if one is treating it as rental income investment. The yield is just not there.

For someone who is buying for own stay, location can be a very personal preference. I know there are ppl who are complaining the jam in Subang / Usj area and want to move out and at the sametime, there are ppl who are still actively looking for a home in that area. One can argue the pro and cons about ss2 but end of the day, the purchasers' personal requirement and preference matter most as they are the ones who will be living there.....

Incidentally, when is the VP date for 5Stones? end 2012?

@sonycamera,
Should be around there since SDB intends to handover the entire project at the same time. I purchased in Jan/Feb 2010 so given 3 years, it should be ready no later than March 2013 but since I bought into the last phase, I would assume the others to be ready at least 6-9 months earlier.