Higher risk, higher return mah for them (hopefully)...

But for me, most of the prices now hv gone crazy yet sold very well,

i am waiting to see the consequences, 3 yrs down the road..

Be realistic, comparing Damansara Avenue and Tropics Studio is a direct comparison, and yet we are seeing a completed product in a better location selling cheaper than a non-completed product, it is crazy indeed.
However, we are not saying that the purchasers are moron, it's just that for the same amount of money you have better alternatives for better return.

no need 3 yrs, i think the meltdown will be pretty soon!

agreed.

all investments involved risk taking. but there's something called " calculated risk". unless there are special features justifying for the price, which i hope someone will share with us later on, otherwise, it looks like pure speculation on studios?

location, tropics is better but I think azelia win in terms of design, facilities and ambience. seems like a nice place...more like a home..tropics is in front of highway

hows the balloting? i didn't go..

How's the sales for Azelia?

Anyone from
This forum bought any?

i also curious want to know..how is the ballouting?

was told small units fully sold. Large unit still available but the price is scary ....

went to their property gallery last week to take a look - opposite tropicana city mall, small unit still left one at the top floor facing sri damansara - cant remember if it's 600sq ft or 900sq ft, the rest of the big units are more then 50% sold. the price is crazy for a small unit, yet considered sold out. some more no show unit....very confident developer.

Ativo Plaza sees 90% take-up rate

Tags: Ativo Plaza , Bandar Sri Damansara , Damansara Avenue , TA Global


By Racheal Lee of theedgeproperty.com
Thursday, 19 August 2010 17:15

KUALA LUMPUR: Ativo Plaza, the first launch of Damansara Avenue in Bandar Sri Damansara, has seen a take-up rate of 90% within a day of its priority preview event on Aug 7.


The developer, TA Global, said that the phase comprises 198 office suites and 43 lifestyle retail units in an 8-storey building on a 5.73-acre area, but only the office suites are available for sale.


“The RM205 million project received an overwhelming response from registrants, with some queuing the night before just to secure their preferred unit. We have sold 90% of the office suites and we keep the retail units to control the tenant mix,” the statement added.

The size of office suites range from 547 sq ft to 4,094 sq ft, and are priced from RM266,000 to RM2 million. The retail units, meanwhile, have a built-up ranged between 1,415 sq ft and 2,692 sq ft. The buyers are mostly investors and professionals.

TA Global aims to launch the first residential phase, comprising of 250 units of high- and low-rise residences with sizes from 600 sq ft to 3,400 sq ft by the year-end through a balloting process.

It added that more than 4,500 registrants for the residential phase have been received.

The freehold Damansara Avenue is an upscale mixed development spanning some 48 acres of freehold commercial land in Bandar Sri Damansara, which was acquired at RM95 psf in February 2006.

Formerly known as Seri Suria, the RM3.8 billion project will comprise low-rise and high-rise residential apartments, SoHo suites, offices, retail and F&B outlets, a hotel, community centre and mall, and will be developed around a 7-acre linear park accessible to the public.

This is the developer’s largest project thus far.

http://www.theedgeproperty.com/news-a-view...ke-up-rate.html

100% concur.

Tropics also has better accesibility, and its in real PJ

This post has been edited by dlyw1103: Sep 21 2011, 07:33 PM


Attached thumbnail(s)

Based on the first picture in page 1 (proposed underpass from/to LDP - no longer need to make U turn to 1U), wonder other SD road users able to access this or juz exclusive to DA residents.

Hi all,

For those who are interested in Azelia residences @ Damansara Avenue (built up 1350 sqft, 1905 sqt and 2100 sqft), please drop me a PM. There will be a private preview for group purchaser at good discount. Please PM for more info

Thanks

just post here lah....
what's with all the PM thingy?

DPC selling westside at what? rm550psf?
foresta started their first launch at what? rm400psf?

seems like DA is caught in the middle. or rather in chess, being check!

What is the indicative price for 1350sq ft?

kindly PM me the info

THanks

is construction finish?