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

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BEANCOUNTER
post Aug 10 2017, 02:10 PM

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QUOTE(n_minie @ Aug 4 2017, 08:54 AM)
Masterplan is good if they execute it well. To me entry price is a bit on the high side for sri damansara area.  As long as you have holding power everywhere is gd. I stay in sd and I personally like the neighbourhood.
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holding power might not be good if your property appreciation is not as strong as inflation or bank loan interest.

its like throwing good money chasing over bad money.
BEANCOUNTER
post Aug 14 2017, 10:13 AM

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QUOTE(youknowwhoami @ Aug 14 2017, 10:05 AM)
Visited their gallery last weekend, tower B lauched early stages take up rate about 85%-90%. Consider Good but without APDL, all the transaction still consider booked but not sold.

Tower A just started not long ago but sales about 30%-40% BOOKED. 600Sf (one bed room) selling about RM1009 psf. After 7% rebate, but still consider high.

The fitting given by them is very good for me, Provided (BOSCH) - fridge, hob & hood, microwave, Daikin A/C, water heater, Samsung digital lock (Either space grey or rose gold colour). Even flooring can be choose beige or Dark grey.
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wonder how they even achieved 85-90% booked rate....unless they blocked off 30% bumi quota as well.

how much is the freebie cost for 600sq apartments? 40k? 50k (incl kitchen cabinet and wardrobe)? bear in mind that you are paying 1000psf......nett of still 900psf. Plenty of choices in DPC, CHD and other nearby places.

Honestly, I don't know why people are so attracted to this DA...... sweat.gif

BEANCOUNTER
post Aug 14 2017, 10:21 AM

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QUOTE(youknowwhoami @ Aug 14 2017, 10:16 AM)
I think just because of TA Global brand name? as others member mention, if they can able achived the new benchmark for SD. but i doubt the hotel at phase 2 can make it....whos going to stay there.....?
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TA brand name???? tongue.gif

what other talk of the town integrated projects TA ever chun out?
BEANCOUNTER
post Aug 14 2017, 11:02 AM

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QUOTE(youknowwhoami @ Aug 14 2017, 11:00 AM)
No idea bro, i just share what i got from the SA.

but always look at positive way lo...
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TA got no other integrated projects, whether existing or on plan...except dA.

Always look at both sides of coin.....not only +ve. tongue.gif

remember, its your hard earned money....not theirs.....

This post has been edited by BEANCOUNTER: Aug 14 2017, 11:03 AM
BEANCOUNTER
post Aug 14 2017, 11:11 AM

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QUOTE(Giant @ Aug 14 2017, 11:05 AM)
This project already can judge by its history and needs no fortune telling. Just look back what have TA really achieved for the passed 7 years then u will get what will happen for the next 7 years too...
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then why the supposedly take up rate so high now?

MRT is a real pull factor?
BEANCOUNTER
post Aug 14 2017, 11:41 AM

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QUOTE(Giant @ Aug 14 2017, 11:40 AM)
I didnt say the take up rate was low 7 years ago during their 1st launch.
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no...I didn't mean that.

given past history and record price psf for their latest launch...why so many buyers still bite? in your opinion?
BEANCOUNTER
post Sep 5 2017, 12:22 AM

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QUOTE(n_minie @ Sep 4 2017, 06:03 PM)
Activo suites does provide quite good quality end product  ( bosch , Electrolux etc). Dpc already made it's name. However south brooks is located at a not so ideal location hence the price.  Although dpc and activo are just seperate by LDP hway , price does make a big difference.  Although I stay in bsd, I will buy into dpc mainly because of the address and the price.
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you dun need to break the bank to afford bosch and Electrolux lah.....not like they are providing Miele and Poliform.
BEANCOUNTER
post Sep 5 2017, 02:06 PM

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QUOTE(n_minie @ Sep 5 2017, 12:26 PM)
That's why I said in my earlier post dpc is south brooks better buy in terms of psf.
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Easier to make the decision when you compared a grossly overpriced project with a what seems like an underpriced project.

but whether SB has more room for appreciation, that's yet to be seen
BEANCOUNTER
post Dec 23 2018, 01:55 PM

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QUOTE(Steve Lum @ Dec 23 2018, 12:23 AM)
There will be a covered pedestrian bridge connecting from the upcoming Ativo Annexe(mall) to Bandar Sri Damansara east station, and was approved, according to the agent and from previous discussion threads here.
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r u sure the mall is upcoming? foundation done? framework done?? when due to open its door to public?
BEANCOUNTER
post Dec 23 2018, 06:34 PM

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QUOTE(Steve Lum @ Dec 23 2018, 03:10 PM)
Calm down. I was just saying from what I was told. Which is why I mentioned according to the agent. But whether to believe it is on another matter, since most things will end up with changes considering it is still in an early stage. Peace
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the mall is in the masterplan.

the bridge is in the masterplan when they launched paisley. don't need the agent also we know and its not the story of believing or not believing..

but when you or your agent said 'upcoming' it implied that works are in progress, and should be coming up soon. Shouldn't this be the interpretation of your statement?
BEANCOUNTER
post Dec 24 2018, 03:17 AM

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QUOTE(maskcooler @ Dec 23 2018, 11:36 PM)
I saw the edge news saying  annexe will launch at the end of the year depending on the market condition. looks like they postponed it.
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open another mall there sure die....

unless they pray ec mall deader than the salted fish already
BEANCOUNTER
post Dec 26 2018, 02:57 PM

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QUOTE(BukitKing222 @ Dec 26 2018, 02:44 PM)
Ativo Annex is not a mall, rather, its a huge retail space that connect to MRT Sri Damansara East Station.

There is another 1million+ Sq.ft mall at the west end of Damansara Avenue project.

There is no mall in Desa Park City, so this will be the selling point for that area. Their aim is to build the Midvalley Valley City in this area.
Midvalley City = 50 acres TOD project
Damansara Avenue = 48 acres TOD project
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sorry how Damansara avenue can be compared to mid valley city without the two fancy and crowd pleasing malls?

do we really need another mall in DA??
BEANCOUNTER
post Dec 26 2018, 03:46 PM

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QUOTE(BukitKing222 @ Dec 26 2018, 03:20 PM)
What makes U think Mid Valley is better?

Midvalley VS DA
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its not me think MV is better bro.

just look at footfall records on Malls in malaysia. Evidence is there......and judging from MV almost 100% occupancy in the malls itself, you be the judge.

as far as my concern, TA as developer (thumb down). TA as mall and business commercial developer (double thumb down).

the only positive up side for TA is that luckily they are not empire group. sekali buat semua master plan at one go until poh chan.


i felt for their 1st two phases buyers.......should have bought dpc condos instead.....if not be able to flip for handsome profit margin, keep for ownstay also feel blardi good.....envy of all locals......

BEANCOUNTER
post Dec 26 2018, 03:51 PM

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QUOTE(BukitKing222 @ Dec 26 2018, 03:44 PM)
I dont get your logic. When you are buying properties definitely you have to compare it with different projects. There are plenty of projects for you to compare to such as the Pavilion BJ, SJCC, BBCC, etc.

However, this Developer TA is only aiming to build something like Mid Valley City there in Sri Damansara. And that is what I've mentioned above.
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then pls compare to Pav BJ. both are projects within residential areas.

MV is far too big a hat for DA or TA to wear...….
BEANCOUNTER
post Dec 26 2018, 04:12 PM

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QUOTE(BukitKing222 @ Dec 26 2018, 03:52 PM)
True. Can't deny DPC is a good project.

But too bad there is no shopping mall there and no MRT connectivity in the future. (ALSO BIG THUMB DOWN) for such a big neighborhood. Pity the residences there have to drive all the way out to shop.
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I don't think dpc nangs want mrt in their township.

stay priced homes, drive luxurious cars still need MRT? how people know you are rich when you don't show off your cars but ride MRT?

standard sikit boleh ka?

BEANCOUNTER
post Dec 26 2018, 04:28 PM

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QUOTE(BukitKing222 @ Dec 26 2018, 04:18 PM)
How about KLCC, Bukit Bintang, TRX and Bandar Malaysia? More ATAS people than DPC. Mostly multi-millionaires..

So don't need MRT stations? Singapore don't need MRT Stations?
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alamak…...you really that clueless?????

mrt/lrt is to ferry people from outside to those places you mentioned. not build specifically for people staying there to get out.

against, same concept with spore. you think spore nangs boh cars one ah??????
BEANCOUNTER
post Dec 26 2018, 09:14 PM

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QUOTE(BukitKing222 @ Dec 26 2018, 04:36 PM)
Wah your standard is really mediocre.

Do you think the MRT Sri Damansara East station is to get the DA people out? Definitely no!

It will build beside the project. How about DPC? Any line there?

Don't be silly ok ...especially as a senior forumer here.
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Oop sorry ..

I didnt know that mrt sd east station is to bring klcc east ppl to DA.....
BEANCOUNTER
post Dec 26 2018, 10:15 PM

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QUOTE(kuroyume @ Dec 26 2018, 10:10 PM)
Haha.....
Don fight....
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Who is fighting?
BEANCOUNTER
post Mar 18 2019, 10:24 AM

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TA....wait long long lah…..

cannot trust wan.
BEANCOUNTER
post Mar 18 2019, 11:05 AM

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QUOTE(when2meets2boy @ Mar 18 2019, 10:54 AM)
Any other projects that TA failed to deliver on promises? Curious. I see TA as cash rich, cautious, and intending to push big into property, judging by their refocus back into Malaysia, the listing of their property arm, and their announcement of the intention to build a new 'disruptive' hotel brand and concept, and their property arm CEO. All happened in 2017-now, which matches the timing of the reimagining and revision of the Damansara Avenue master plan

Yeah, I heard about Damansara Avenue has been 9 years coming. But then again I think it's because of MRT2. TA is smart to see the opportunity. They revised the whole DA concept, rebranded it DA, even revised ATIVO in the process, so their intention is clear.

It'll be a misopportunity if TA don't develop DA in the next 10 years, DA being in the midpoint of KL and PJ and the north and Genting, with MRT2 coming online in 2021, with the Empire City having gone South, the Empire brand being soiled, the Harbour Valley joint ventures (....), the Damansara Perdana area being unsustainable (accessibility and traffic Vs ppl density), and even the potential buy back and dismantling of the LDP toll in the years to come, only a fool will miss the opportunity. There really isn't any competitors nearby with the same USP.

The only issue with DA is the existing Sri Damansara exit point which will not sustain even more traffic. Hence, it's logical for TA to provide DA with more access points in some point of their development of DA in order to kill that notion of bad traffic. I also forsee only good things to come as future generations of Malaysians to embrace public transport.  (already the indicators are there in consumer research)

My five cents. Fingers crossed. I am thinking of buying for own stay. So I'm optimistic and bullish.
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ultimately you are potential buyer, and not developer.
cash rich doesnt mean they are really to burn the cash.

another shopping mall in this mall crowded LDP? Empire City said everything will be finished by end 2020 leh......

name me one place where MRT already bought up the place to boom.


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