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 Is SOHO Worth to Invest?, Is SOHO Worth to Invest?

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cutealex
post Jun 12 2010, 09:06 AM

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ya... hows the update...
cliffordcheong
post Jun 16 2010, 01:02 PM

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QUOTE(cutealex @ Jun 12 2010, 09:06 AM)
ya... hows the update...
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ok guys i got the latest update on this development...first off all so far i can only manage to get 80% loan from ambank public bank only for this property..reason?? i been inform by bank officer they say that this developer is not well know....even the bank is not confident this developer...so who ever say can get 90% loan yes but only block A im sure block B all also can only get 80%....beside.....im sick off applying anymore.........
budak_bagus
post Jun 16 2010, 03:04 PM

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80% loan... hm...
airline
post Jun 16 2010, 04:26 PM

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not all banks can do this project cause got title problem is that true
wideawake
post Jun 17 2010, 04:28 PM

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So Cheong, still want to sell ke? What price did u buy it?
RomaNce
post Jun 17 2010, 11:38 PM

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QUOTE(ronaldoo @ Jun 6 2010, 10:17 AM)
i've search the developer, there's no company website about aston villa sdn bhd. anyone wanna share about this ?
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Aston Villa Developer is very rich, therefore need not to worry about this project.


Added on June 17, 2010, 11:44 pm
QUOTE(cliffordcheong @ Jun 16 2010, 01:02 PM)
ok guys i got the latest update on this development...first off all so far i can only manage to get 80% loan from ambank public bank only for this property..reason?? i been inform by bank officer they say that this developer is not well know....even the bank is not confident this developer...so who ever say can get 90% loan yes but only block A im sure block B all also can only get 80%....beside.....im sick off applying anymore.........
*
Hi Cliff, I have few units of Scott Soho which i able to have 90% loan. Alliance Bank limit for this project is full. Try to check with UOB. Ambank is giving 90% as well, but change their rate to BLR -1.5 because new rules from Bank Negara as Scott Soho under commercial project.

No need to worry about this project because the location is terrific. It is near to Midvalley. The whole Old Klang Road Area going to have a massive development in the near future, as all those houses already demolished and old shop lots going to be phased out very soon. The whole stretch of the Old Klang Road will have new faces and full of condos and offices in the future. Whoever purchase the properties at this area at the moment, will enjoy a better return once new building comes up in the future.

Those who purchase more than few units are using it as their own office.

Tesco has signed 30 years agreement with this project and need not to worry about it.

This post has been edited by RomaNce: Jun 17 2010, 11:44 PM
wideawake
post Jun 18 2010, 11:42 AM

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QUOTE(RomaNce @ Jun 17 2010, 11:38 PM)
Aston Villa Developer is very rich, therefore need not to worry about this project.


Added on June 17, 2010, 11:44 pm

Hi Cliff, I have few units of Scott Soho which i able to have 90% loan. Alliance Bank limit for this project is full. Try to check with UOB. Ambank is giving 90% as well, but change their rate to BLR -1.5 because new rules from Bank Negara as Scott Soho under commercial project.

No need to worry about this project because the location is terrific. It is near to Midvalley. The whole Old Klang Road Area going to have a massive development in the near future, as all those houses already demolished and old shop lots going to be phased out very soon. The whole stretch of the Old Klang Road will have new faces and full of condos and offices in the future. Whoever purchase the properties at this area at the moment, will enjoy a better return once new building comes up in the future.

Those who purchase more than few units are using it as their own office.

Tesco has signed 30 years agreement with this project and need not to worry about it.
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Hi RomaNce,

I noticed that you just registered to this forum yesterday. Are you a rep from the developer? Seems like u are kind of promoting the place and have a lot of insider information smile.gif

No offence, just curious.
RomaNce
post Jun 18 2010, 11:11 PM

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QUOTE(wideawake @ Jun 18 2010, 11:42 AM)
Hi RomaNce,

I noticed that you just registered to this forum yesterday. Are you a rep from the developer? Seems like u are kind of promoting the place and have a lot of insider information smile.gif

No offence, just curious.
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I visited this forum before but kind of lazy to register and not too familiar with forum. Last night read a lot of negative issue therefore just register and join the forum give some infor.

Tesco is my client which i know about tenancy.

I staying very nearby for more than five years which i witness the change of whole Old Klang Road area inclusive of Taman Desa and OUG, traffice getting more, pubs, offices and etc. At the riverside, few years ago full of wooden houses and resident staying there from the past, which already move to other area. There going to be a lot of new development at the riverside.

Check out on the No.28 Old Klang Road as well....new. Those shop lots already there for long time, going to move away as well.

I check out on the developer from most of my friends and relatives (developer, architect and investors) which i found that is ok to get it.

Therefore, no worry to get Scott Soho.

I am not working for Aston Villa or their promoter.

I believe the rental for the Scott Soho should be roughly RM1500 - RM 2000/month. If you cannot get RM2k, just rent it out for few years, you still able to make profit from there in the future once you sell it off.

Whoever has bought it, just no need to worry, the completion date is 2013/2014, thich construction and building price has already goes up...just be patience.
cutealex
post Jun 19 2010, 02:26 AM

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QUOTE(RomaNce @ Jun 18 2010, 11:11 PM)
I visited this forum before but kind of lazy to register and not too familiar with forum. Last night read a lot of negative issue therefore just register and join the forum give some infor.

Tesco is my client which i know about tenancy.

I staying very nearby for more than five years which i witness the change of whole Old Klang Road area inclusive of Taman Desa and OUG, traffice getting more, pubs, offices and etc. At the riverside, few years ago full of wooden houses and resident staying there from the past, which already move to other area. There going to be a lot of new development at the riverside.

Check out on the No.28 Old Klang Road as well....new. Those shop lots already there for long time, going to move away as well.

I check out on the developer from most of my friends and relatives (developer, architect and investors) which i found that is ok to get it.

Therefore, no worry to get Scott Soho.

I am not working for Aston Villa or their promoter.

I believe the rental for the Scott Soho should be roughly RM1500 - RM 2000/month. If you cannot get RM2k, just rent it out for few years, you still able to make profit from there in the future once you sell it off.

Whoever has bought it, just no need to worry, the completion date is 2013/2014, thich construction and building price has already goes up...just be patience.
*
sound nice
cliffordcheong
post Jun 19 2010, 05:09 AM

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QUOTE(RomaNce @ Jun 18 2010, 11:11 PM)
I visited this forum before but kind of lazy to register and not too familiar with forum. Last night read a lot of negative issue therefore just register and join the forum give some infor.

Tesco is my client which i know about tenancy.

I staying very nearby for more than five years which i witness the change of whole Old Klang Road area inclusive of Taman Desa and OUG, traffice getting more, pubs, offices and etc. At the riverside, few years ago full of wooden houses and resident staying there from the past, which already move to other area. There going to be a lot of new development at the riverside.

Check out on the No.28 Old Klang Road as well....new. Those shop lots already there for long time, going to move away as well.

I check out on the developer from most of my friends and relatives (developer, architect and investors) which i found that is ok to get it.

Therefore, no worry to get Scott Soho.

I am not working for Aston Villa or their promoter.

I believe the rental for the Scott Soho should be roughly RM1500 - RM 2000/month. If you cannot get RM2k, just rent it out for few years, you still able to make profit from there in the future once you sell it off.

Whoever has bought it, just no need to worry, the completion date is 2013/2014, thich construction and building price has already goes up...just be patience.
*
wah it that case right.......why dont i sell off my unit to u?? 22 flooor block b?? since sounded so nice u wont mind taking my slot also right bro??? u can rent it out..im tired of this stupid loans.... biggrin.gif biggrin.gif i giving myself time ....if uob and alliance also 80% then im letting it off.....
RomaNce
post Jun 19 2010, 10:31 AM

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QUOTE(cliffordcheong @ Jun 19 2010, 05:09 AM)
wah it that case right.......why dont i sell off my unit to u?? 22 flooor block b?? since sounded so nice u wont mind taking my slot also right bro??? u can rent it out..im tired of this stupid loans.... biggrin.gif  biggrin.gif i giving myself time ....if uob and alliance also 80% then im letting it off.....
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Sorry, i cant get anymore, my loan limit is full.
cliffordcheong
post Jun 19 2010, 11:58 AM

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QUOTE(RomaNce @ Jun 19 2010, 10:31 AM)
Sorry, i cant get anymore, my loan limit is full.
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im sure u did mention to ur friends that scott soho is that good.. mayb u got friends still interested in it...mine is avaible for sale ...do pm then if anyone interested..... nod.gif nod.gif
hanif444
post Jun 23 2010, 12:36 PM

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How about Zetapark at Junction of Jalan Genting Klang and Jalan Ibu Kota?...is on top of Festival Mall own & management by Parkson Group?
wl_n
post Jul 11 2010, 08:16 PM

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QUOTE(cliffordcheong @ Jun 19 2010, 05:09 AM)
wah it that case right.......why dont i sell off my unit to u?? 22 flooor block b?? since sounded so nice u wont mind taking my slot also right bro??? u can rent it out..im tired of this stupid loans.... biggrin.gif  biggrin.gif i giving myself time ....if uob and alliance also 80% then im letting it off.....
*
Is your unit facing swimming pool? what is the size and the selling price? How to contact you? smile.gif
RomaNce
post Jul 13 2010, 10:09 PM

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QUOTE(wl_n @ Jul 11 2010, 08:16 PM)
Is your unit facing swimming pool? what is the size and the selling price? How to contact you? smile.gif
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Yes, all my units are facing pool. I bought those units around 360k (loan figure) each (775 sqf) as almost on the top floor. Have you got your loan yet? The terms and condition for Alliance is better. Have you signed the SPA? You can contact me here.
airline
post Jul 13 2010, 11:49 PM

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anyone still have units to let go, do let me know for first phase nearer to highway one. my friend want go in, but not last block.


This post has been edited by airline: Jul 13 2010, 11:50 PM
wl_n
post Jul 15 2010, 09:59 PM

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QUOTE(RomaNce @ Jul 13 2010, 10:09 PM)
Yes, all my units are facing pool. I bought those units around 360k (loan figure) each (775 sqf) as almost on the top floor. Have you got your loan yet? The terms and condition for Alliance is better.  Have you signed the SPA? You can contact me here.
*
Do you have any unit to let go? i m intersted to get a unit facing swimming pool. Preferably early two (2) blocks..
i think your units is the last block,right? But the last block (3rd block) already too expensive.. If u have unit in earlier 2 blocks, i ll take..btw, are u an agent?
numbertwo
post Jul 15 2010, 10:02 PM

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QUOTE(RomaNce @ Jun 19 2010, 10:31 AM)
Sorry, i cant get anymore, my loan limit is full.
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The 'limit' per each bank is difference, perhaps you could try Standard chartered they can give up to 80% margin off your gross salary/income...
RomaNce
post Jul 16 2010, 06:18 PM

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QUOTE(wl_n @ Jul 15 2010, 09:59 PM)
Do you have any unit to let go? i m intersted to get a unit facing swimming pool. Preferably early two (2) blocks..
i think your units is the last block,right? But the last block (3rd block) already too expensive.. If u have unit in earlier 2 blocks, i ll take..btw, are u an agent?
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I am no an agent. My units are on block A and B and not to let go at the moment. Sorry.


Added on July 16, 2010, 6:19 pm
QUOTE(numbertwo @ Jul 15 2010, 10:02 PM)
The 'limit' per each bank  is difference, perhaps you could try Standard chartered they can give up to 80% margin off your gross salary/income...
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Thanks numbertwo. My loan limit full not because of Scott Soho, i have other properties as well.


Added on July 16, 2010, 6:23 pm
QUOTE(wl_n @ Jul 15 2010, 09:59 PM)
Do you have any unit to let go? i m intersted to get a unit facing swimming pool. Preferably early two (2) blocks..
i think your units is the last block,right? But the last block (3rd block) already too expensive.. If u have unit in earlier 2 blocks, i ll take..btw, are u an agent?
*
Sorry i will keep my units, from block A and B. No, am i not an agent. U can check with cliff who said he wanna sell off his.

This post has been edited by RomaNce: Jul 16 2010, 06:23 PM
numbertwo
post Jul 16 2010, 08:26 PM

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Hi R,

The margin of installment vs. your gross salary is often determined by the bank.
Say your gross income is 10K. Some banks only approve your loan if your existing commitment has not reach 4K or 5K. But some banks will give go ahead even if your commitment has reached 70%!

So, as long as you have not reach 80% threshold .. can still try..

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