I was offered a 1799sf unit, low floor garden view for RM980k.

It is a nice place for own stay but not for investment/rental.

That's a very good price, didn't think it would be selling below 1m on subsales. Did you seal the deal?

I think it is very attractive price.

I prefer higher floor, KL view, but this is more of personal preference.

For own use, i think <rm600 psf is a good buy......

i thought this is the price for MK too

Yes, I also think the same.

Somehow, when I look at condo in PJ and surrounding areas developed by say sdb, glomac, SHC etc, the prices are tailing very close if not more than MK prices.

Perhaps the profile of purchasers are different, PJ areas are mostly buying for own use while MK are more for property investors. I might be wrong.

How about the rental market for PJ then? Will there be potential tenants looking to rent here and who are they and how is the rental? Can the taikors here help to shed some light as I am researching the prospects of investing here?

I like the community at this area. I will sincerely consider to get 1 for own stay if subsales below 1m for 1799sf unit. Anyone?

Good Price. =)

No I didn't take that offer, bought kiaraville instead. Easier to get tenant in future, for own use also can.

Five stones only for own use, rental or investment sure die unless you bought from developer for under 800k for the 1799sf.

Agent said owner still make >200k if sell 980k, 980k is nett and non nego.

There are some >2000sf units going for 560-580psf.

Yes, if just for rental yield, I think one has other choices elsewhere at that price.

For people who like SS2 area and for own stay, 5Stones seems to be a good choice. I believe that was the target market Sdb was aiming at when it launched the project, mostly pretty large units i.e. ~1.8k sf and more.

From some of the online listings, there is quite a wide range of pricing in term of psf. I think it is likely due to difference in unit sizes, high / low level, view direction....

I was told Sdb will be launching the balance landbank behind 5Stones later this year. Apparently, there is a highrise comprising smaller units. Not sure what they call it as it will be sited on a commercial land. It will be interesting to see how Sdb going to price the products, not surprise to be rm800 psf range since it will smaller units....

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Added on October 6, 2012, 3:05 pmFrom another property forum, it seemed vp early Nov.

Perhaps, handover for phase 1 purchasers first..........

This post has been edited by sonycamera: Oct 6 2012, 03:05 PM

Just an update from SDB on the VP date from the Facebook page.

"Thank you for your interest in the progress of the Five Stones project. The first unit was scheduled for delivery in late September 2012, but we expect there to be a short delay with the hand-over now expected to be in early December instead. The delay involves only a small number of units and where appropriate, the affected buyers will be compensated. To these buyers, we thank you for your patience. For most of the remaining units, the hand-over will be on schedule or in some cases early. At present, we are at the final stages of completion and are awaiting inspection by the relevant authorities."

and

"We deeply regret that your plans are affected due to this. A compensation package will be offered & we will be communicating to those who are affected in writing. As for the rest of the construction, rest assured that we will not compromise on our quality while expediting construction."

Explore the possibility of investing an unit facing KL view (I think it is called blk E).

Wonder if someone has any clue if the new high-rise in SS2 hub (also by sdb) will block the KL view originally planned for...

Thank you.

Just bear in mind the new proposed blocks are 42 storey high - my gut feeling is that it will probably just block the view from Ameera. Still haven't seen the plans, perhaps may be safer to wait till the Hub is launched. Will post info if I can grab hold of them

urb7, thank you.

A couple weeks, passed by and saw some construction work beside Ameera, guess it might be putting up some mock-up show units for the launch......

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Added on October 17, 2012, 11:59 amAn agent said the KL view units in Block E will not be blocked by new highrise in SS2 Hub, as those units were sold at premium price. Don't know true or not.

Anyway got to wait and see the SS2 Hub site layout to confirm.

This post has been edited by sonycamera: Oct 17 2012, 11:59 AM

Hi

As of today, anyone receive any letter from SDB regarding VP?

Thanks

This post has been edited by armereth: Oct 23 2012, 05:01 PM

A friend told me sdb posted an update @ FB, 1st batch vp in Dec.

By the way, how many batches are there?

The common property / facilities are shared by all units, right? Am I right to assume all common property / facilities must be completed before the handover of any unit?

This post has been edited by sonycamera: Nov 6 2012, 10:33 AM

WOW doing 560-580 psf?? I checked last year, most were asking for like 600-700psf for 5stones.

Ameera + 5stones is perfect for own stay, but not sure for rental. Even at 600psf for 1.8ksf = 1.08million

The last checked with agents, they said decent units' asking price ~ rm630-650 psf.

Looking at a possibility of moving there from a landed property.

Yes, I think 5Stones are more for own stay rather than rental market.

if you live in landed in an area where break ins have happened, you will enjoy peace of mind here, especially on higher floors.

Happyman, mind pm me or post the agent's contact, interested if the RM980k offer is still available.