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Investment DAMANSARA AVENUE | AZELIA | ATIVO SUITES, highrise version of Desa Park City?

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blancpain4470
post Mar 20 2019, 07:49 AM

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QUOTE(corleone74 @ Mar 19 2019, 11:29 PM)
No, not flipping .. For own stay ! OK I'm not questioning your choices here... But certain things are characteristic of neighbours, cannot change . so like minded people might prefer staying in certain neighbourhoods.  That's all I can say in this forum buddy.anyway no offense meant ya
But for me la I would have sacrificed sqfootage for hartamas or ttdi.
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No offense taken. But for the price I paid for airie I can likely only get a old link house in TTDI/Sri Hartamas. That's why I said for own stay is more complicated as different people have different criteria. Yours and mine are different.

For pure investment, buy the location where MOST people desired is the Golden rule
BEANCOUNTER
post Mar 20 2019, 09:39 AM

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QUOTE(blancpain4470 @ Mar 20 2019, 07:43 AM)
Must be the time when I was the student there! 😂
I lived in Taiping many years the only crime committed on me was bitten by a mad dog!
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Lots of break in...
Report few yrs back...

Not recently, and definitely not decades ago
blancpain4470
post Mar 20 2019, 09:49 AM

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QUOTE(BEANCOUNTER @ Mar 20 2019, 09:39 AM)
Lots of break in...
Report few yrs back...

Not recently, and definitely not decades ago
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Taiping hardly has any migrant workers. You go to Larut Matang food court and will see only Grandpas, sons and grandsons working there.

It is listed as the world third greenest City and one of the best to retire ... And I could always gamble on when it will rain when I have so much time after retirement
corleone74
post Mar 20 2019, 11:26 PM

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QUOTE(blancpain4470 @ Mar 20 2019, 07:49 AM)
No offense taken. But for the price I paid for airie I can likely only get a old link house in TTDI/Sri Hartamas. That's why I said for own stay is more complicated as different people have different criteria. Yours and mine are different.

For pure investment, buy the location where MOST people desired is the Golden rule
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Yes definitely, never an easy decision .... I got u dude. Enjoy your beautiful home. biggrin.gif biggrin.gif
when2meets2boy
post Mar 30 2019, 07:16 PM

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Just sharing A current YouTube video of AZELIA, one of the completed TA projects at DA. For reference
when2meets2boy
post Mar 30 2019, 07:25 PM

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Another video on the MRT2, completion 2021, that'll be serving the area. For better understanding of the location of the stations, alignment of the track, etc. YouTube video
when2meets2boy
post Mar 30 2019, 07:34 PM

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QUOTE(BEANCOUNTER @ Mar 19 2019, 08:37 PM)
One thing i dun understand is if you bought for ownstay, why come to this forum and sing praise song for developer, the project and your foresight in buying this project/property?

You want  to get voices for your correct decision, a pad at yr back or tease thosw who missed out?

If you were talking abt altivo, tis project was sold 7788 rather earlier. A clear indication of many investors at play here.
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As DA ATIVO has entered as one of my picks, joining the conversion here to look for positive reinforcement, as well as contrarian views, it'll help me better understand the dynamics of a good pick for own stay, because a lot of the factors are subjective, exploratory or are extrapolation, e.g. the hypothesis that TA is starting to look into the local property market, i.e. selling off their Aussie landbanks, moving cash back into Malaysia, pitching for the MRT2 alignment, rethinking and then relaunching the DA master plan, redrawing ATIVO from a SOHO concept into a high end residential concept, launching their DUTAMAS project, announcing their TA KLCC hotel plans, and moving their next generation Tiah (who boast track records of running the Trump Hotel Canada, and Australia development) to head the property division of TA. Hence, my hypothesis is, it looks much better, hypothetically, vs. how it was back in 2010 (or ealier) when DA master plan was first initiated

This post has been edited by when2meets2boy: Mar 30 2019, 07:36 PM
when2meets2boy
post Mar 30 2019, 07:42 PM

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Of course I am hedging my bets on DA becoming golden later on VS established developments which are golden now. Because I can potentially invest less for more. And I do have some holding power. Or perhaps I've always been a contrarian and an eccentric. When I look at DS vs BMW, I'll go for DS because I don't need to flip my car, nor do I need to worry about resale value, all I want is the style and the substance in one package, everyday I drive my car onto the road, I enjoy the value it gives me, with the added bonus of being the centre of attraction vs. Let's say a safe pick such as a mundane BMW which is everywhere.

This post has been edited by when2meets2boy: Mar 30 2019, 07:43 PM
when2meets2boy
post Mar 30 2019, 08:20 PM

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Now, I have something to doubt about this pick, ATIVO SUITES, for own stay. And I hope that I can pick the brain property gurus or experienced individuals in this community to shed some light on my concern. I recently had a rethink at the unit type distribution per floor in ATIVO SUITE (see picture below), on each floor, I would find four (4) "family friendly" units (decently sized for families) to eight (8) "bachelor patch" units. I know many new developments are moving towards smaller and smaller units to make the entry price feasible for first home buyers and working class Malaysians,

but my worry is how would this affect the development, e.g. ATIVO SUITES, in the long term? The 2 to 1 ratio of family friendly vs bachelor patches, would it actually mean that I would be expecting high turnover (neighbours) for the bachelor patch units, or a likelihood of the bachelor patch units being converted into AIRBNB units in the short and long term?

How would it impact on the servicing of monthly fees to the JMC?
Or the neighbours being short term tenants who don't give a damn about the upkeep and wellbeing of the premises?

I think these are bad points for own stay, or is not a thing to be concerned about.

What's your experience?


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spacelion
post Apr 1 2019, 11:27 AM

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What I don't like about Ativo Suites (just a nitpick) is that there is a Studio unit sandwiched between the D and E , I thought about getting a D unit but I'm worried that our neighbour will be some noisy bugger. If really want privacy need to get the F unit.
when2meets2boy
post Apr 1 2019, 08:47 PM

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QUOTE(spacelion @ Apr 1 2019, 11:27 AM)
What I don't like about Ativo Suites (just a nitpick) is that there is a Studio unit sandwiched between the D and E , I thought about getting a D unit but I'm worried that our neighbour will be some noisy bugger. If really want privacy need to get the F unit.
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Yeah, I am seriously considering getting the corner F unit adjoining to a studio A unit. I considered picking the independent F unit but I like the outward view rather than the inward view. I actually enquired ATIVO if I get that adjoining A unit as well, would they satisfy my request for a door way to be built between the two units (during construction phase or during handing over phase, so it won't disturb the neighbours). Because it that format it would be a dream sized unit for a family or a dual key dual family, each with its own private kitchen facilities, etc. (though that would mean a shocking price tag and maintenance fees).

See pic of a combined F and A unit, it's feasible from my estimates

This post has been edited by when2meets2boy: Apr 1 2019, 08:49 PM


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when2meets2boy
post Apr 1 2019, 08:52 PM

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Or else, I would have to add sound insulation barriers on the adjoining wall. Because I presume Bachelor patches more likely than not doesn't make good neighbours due to their 'active' lifestyles

So, I agree, the choice of unit layout per floor is weird.
blancpain4470
post Apr 1 2019, 09:40 PM

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QUOTE(when2meets2boy @ Apr 1 2019, 08:52 PM)
Or else, I would have to add sound insulation barriers on the adjoining wall. Because I presume Bachelor patches more likely than not doesn't make good neighbours due to their 'active' lifestyles

So, I agree, the choice of unit layout per floor is weird.
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To be honest you can plan all you want but you still can't predict who will be your neighbor in condo. Doesn't mean family people won't move out and not noisy and bachelor patches are noisier. All these are luck to a certain extent. You may also have heavy foot on top of your units. That's why I chose to live in landed. Too bad still can't afford a nice bungalow in nice area 🤣
when2meets2boy
post Apr 2 2019, 12:40 AM

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Good point. Perhaps have to reconsider the nearest best option Airie
blancpain4470
post Apr 2 2019, 05:49 AM

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QUOTE(when2meets2boy @ Apr 2 2019, 12:40 AM)
Good point. Perhaps have to reconsider the nearest best option Airie
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LOL. Airie next best option? Just plunk down 3mil for a bungalow there and you dont have to worry about all these problems! After my purchase, only Unit 78 semi d left that is in lower 2mil but that one is at the junction and close to HTC! Unit 33a three storey unit is nearly sold too. The rest will likely be 2.2 to 2.5mil.

BTW ...They are repairing the sink hole now and will be completed in July because they know that I am moving in after that. thumbup.gif
spacelion
post Apr 2 2019, 10:21 AM

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QUOTE(when2meets2boy @ Apr 1 2019, 08:47 PM)
Yeah, I am seriously considering getting the corner F unit adjoining to a studio A unit. I considered picking the independent F unit but I like the outward view rather than the inward view. I actually enquired ATIVO if I get that adjoining A unit as well, would they satisfy my request for a door way to be built between the two units (during construction phase or during handing over phase, so it won't disturb the neighbours). Because it that format it would be a dream sized unit for a family or a dual key dual family, each with its own private kitchen facilities, etc. (though that would mean a shocking price tag and maintenance fees).

See pic of a combined F and A unit, it's feasible from my estimates
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If you're going this route, convert the Studio into the master bedroom !
BEANCOUNTER
post Apr 2 2019, 07:02 PM

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QUOTE(when2meets2boy @ Apr 1 2019, 08:52 PM)
Or else, I would have to add sound insulation barriers on the adjoining wall. Because I presume Bachelor patches more likely than not doesn't make good neighbours due to their 'active' lifestyles

So, I agree, the choice of unit layout per floor is weird.
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you assume that married couples don't have sex anymore, baby doesn't cry anymore, cartoon network not on 24/7 laud laud, mother in law doesn't come to the house and chat x 3 with owners and all the in house cooking, belacan, curry and etc...…..flying all over the floors.
kenshi92 P
post Apr 11 2019, 03:41 PM

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Any agent mind to share some info regard this project?
when2meets2boy
post Apr 18 2019, 11:11 PM

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QUOTE(spacelion @ Apr 2 2019, 10:21 AM)
If you're going this route, convert the Studio into the master bedroom !
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Yeah I am doing that, getting there. Negotiating

when2meets2boy
post Apr 18 2019, 11:13 PM

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QUOTE(blancpain4470 @ Apr 2 2019, 05:49 AM)
LOL.  Airie next best option? Just plunk down 3mil for a bungalow there and you dont have to worry about all these problems! After my purchase, only Unit 78 semi d left that is in lower 2mil but that one is at the junction and close to HTC! Unit 33a three storey unit is nearly sold too.  The rest will likely be 2.2 to 2.5mil.

BTW ...They are repairing the sink hole now and will be completed in July because they know that I am moving in after that.  thumbup.gif
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Congratulation!. Yeah did a site recce recently, noticed the boarded up area (to fix the sink hole) and heavy equipment. Looks full on and legit

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