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

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when2meets2boy
post Mar 18 2019, 12:24 AM

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Rehash of the current (circa 2017) Damansara Avenue master plan, with emphasis on proposed and existing access roads to LDP, DUKE2, MRR2, Sri Damansara ring road, exit to Desa Parkcity roundabout, Jalan Sungai Buloh, and MRT2 direct access point


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when2meets2boy
post Mar 18 2019, 10:54 AM

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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.
when2meets2boy
post Mar 18 2019, 01:54 PM

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QUOTE(BEANCOUNTER @ Mar 18 2019, 11:05 AM)
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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Unlike flippers, I am not fixated to the short term, I am buying to stay, of course I have to make long term considerations. MRT2 is definitely the future, everywhere in the world, it has proven to be as such. Malaysia is just in the transitionary period, once the old folks move on to the new generation, then we will see change. It's coming, e.g. the government is floating the idea of pollution tax and rush hour tax, and parking maids are as active as ever. Once MRT2 and associated services reach critical mass, wham... That's it.

Mammoth Empire Vs TA, track record shows. Comparing rotten apple to fresh orange

Fingers crossed. I'm feeling bullish

This post has been edited by when2meets2boy: Mar 18 2019, 01:54 PM
when2meets2boy
post Mar 18 2019, 01:58 PM

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QUOTE(blancpain4470 @ Mar 18 2019, 12:31 PM)
I hope they don't develop SriDamansara any further. I dreaded the day they build the mall and high rise condo. The charm of SD to me is a small township with significant green and reasonable traffic within township.

No doubt those proposed highways will alleviate some traffic issues but with more cars the net is still the same as current. I rather stay in current condition.
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Irony right, I think DA is looking good because Sri Damansara is green, charming, leafy and quiet. I also think if DA delivers on the road accesses they promised, the "core" of Sri Damansara will remain unchanged, as the high rises is at the periphery of Sri Damansara and none of the roads pass through the "core"
when2meets2boy
post Mar 18 2019, 02:04 PM

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Decisions decisions
when2meets2boy
post Mar 18 2019, 02:36 PM

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QUOTE(BEANCOUNTER @ Mar 18 2019, 02:06 PM)
friend how many lower income groups can afford to buy expensive apartments next to lrt/mrt lines?
dont forget ultimately gov of the day is to win votes. they wont get votes from high mid group. you think they can just implement traffic tax just by the flick of the fingers like thanos?

i dont care if you are buying for own stay short or long term....but the only certainty abt the future is uncertainty.

so far non of MRT/lrt related shopping malls have done brisking biz. Good luck with TA with itself has absolutely NO commercial retails experience. Fresh orange waiting to be squeezed dry....but worried not, they are cash rich, i heard you say.
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As a trained scientist, the transition towards MRT2 is absolutely a certainty, the only variable is when that will happen. Historical data from all similar situations proves it. And nope, like I said, I am not fixated at short term criteria. MRT2 is built for the long term. And my decision to buy for own stay is for the long term. There is also not much equivalents elsewhere except for DPC, but I am turned off by the "pasar" "take it Or leave it" style DPC sells their new launches now. It only hints to me that the people buying, are either flippers or people who aren't serious about staying there, and probably not great place to be a home

And truth be said, See Hoy Chan Holdings Sdn. Bhd didn't have retail experience when they conceived One Utama, same for Dato' Tan Chin Nam and the IGB Sdn. Bhd. when they conceived Mid Valley. It that's beside the point

I am buying to stay, and I like the balance that DA could potentially offer, maturity and greenery of Sri Damansara, vibrancy/potential of Chinese community in the neighbouring areas, upscale commune of Desa Parkcity, and short distance to the established hubs in 1Utama, IKEA, etc. A very good proposition for own stay. Even ATIVO Plaza, the retail component of DA looks great and lively for a 6-7 year old place in the middle of nowhere

Even if the future retail mall of DA falls short, I've got nothing much to lose, since everything else is there for own stay

This post has been edited by when2meets2boy: Mar 18 2019, 02:37 PM
when2meets2boy
post Mar 18 2019, 02:46 PM

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And the prospect of only needing to MRT2 to travel to KL on a weekend, be it then new Razak Exchange, or KLCC, or the National Art Centre, or the Petronas Philharmonic Centre, is exciting to me. Even romantic. All dressed up for a cocktail event and MRT2 right to the door step. It even sounds romantic.

Don't get me wrong, I am a driving person, and if I should eventually get some place in DA, I'll likely drive to IKEA as it makes sense. But with the MRT2 at my doorstep, I don't need to brave the KL jam or the exorbitant parking fees. That would be absolutely nice.
when2meets2boy
post Mar 18 2019, 05:36 PM

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QUOTE(BEANCOUNTER @ Mar 18 2019, 02:57 PM)
none of the mrt stations is at door step...….of DA.

but I respect your decision to buy, but don't sound like this is the bestest buy of all mrt2 properties, bcos it is not.

why don't you consider Trop Gardens? already existing Chinese makan area at dataran sunway, MRT is literally at door step, shopping mall is in progress? Ikea is two stations away?
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Yeah, I looked at Trop Gardens, it was in my KIV list. but found it less green within the development (trees Vs golf course), more expensive psf (for big units) and more crowded (shared facilities) vs ATIVO SUITES (the facilities more exclusive and self contained and three carparks for the asking price).

MRT a bit too close for comfort too at TG (sound pollution, but of course there are golf course facing units). Though I did test out, and existing MRT are quieter than LRTs because of the noise barrier criteria set.

Yeah, MRT2 is not at ATIVO SUITES doorstep. I joked that I will need a electric scooter or walk there to the station, which the SA agreed.

Overall, some have appointed out that it's the quiet and green nature of the Sri Damansara neighbourhood that attracts me. There is also the cheap wondrous food in Kepong and also the upscale wondrous food in DPC. So I get the best of everything it seems. Too early to tell. Still shopping.

Any more horror stories about TA or DA I should be worrying about? do tell.

This post has been edited by when2meets2boy: Mar 18 2019, 05:52 PM
when2meets2boy
post Mar 18 2019, 05:41 PM

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QUOTE(BukitKing222 @ Mar 18 2019, 03:42 PM)
Hallo, the NKVE is very far away from the condos area OK!?

Tropicana Garden just right beside the Persiaran Surian and the MRT Track. You are constantly bombarded with the traffic noise.

Oh ya...good recommendation of yours to buy the Tropicana Gardens where there is already a lady drop from the condo unit into the swimming pool.... innocent.gif
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I think most of the ATIVO SUITES also facing LDP, that's why I am eyeing a big unit facing Sri Damansara away from all of that

I also looked at Damansara Seresta and Damansara Foresta and yeah the higher the floors the worse the traffic noise, in the case of DS and DF, it's from the North South Highway and it's not good
when2meets2boy
post Mar 18 2019, 07:54 PM

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QUOTE(BEANCOUNTER @ Mar 18 2019, 07:22 PM)
Altivo is more than partly furnished...i thought.
All reflected in the price.
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Yeah, for the price, Samsung Smart Home system: lighting control for all rooms, air conditioner control, digital door lock and security intercom, fully fitted kitchen: hit/cold water, kitchen cabinet, glass wall, hood and hob, microwave oven, fridge, washer/dryer, all Bosch. Fully fitted bathrooms hot/cold systems, rain shower, glass panels, solid timber flooring for rooms, tiles for everywhere else, air conditioning for all rooms and living/dining area, three car parks. That's what's stated in the product inset

I was told, the above mentioned, are the same ones as viewed here Walkthrough

P.S. I should add that I don't find the dual key layout particularly practical

This post has been edited by when2meets2boy: Mar 18 2019, 07:56 PM
when2meets2boy
post Mar 18 2019, 08:01 PM

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QUOTE(blancpain4470 @ Mar 18 2019, 07:10 PM)
Cheap Kepong food? Personally I don't think Kepong food is that cheap. One thing though SD lacks good restaurants in the township itself. Many coffee shops but very few good restaurants.

We went to check out DA for a small unit (for our old age own stay in future) and found the asking price is high. We thought at that price might as well buy at DPC. Now months later we got Airie instead so look like I still can't escape SD! šŸ˜‚
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Not too bad, last time I was in Sri Bintang, the standard pork noodle soup was RM5 and the standard chicken rice with soup at Bukit Maluri ia also RM5. And a four person Bak Kut Teh, with veggies and with add one like drunken chicken only adds up to RM50. All wondrous food quality. Can't get those prices anywhere else within PJ, Subang, Puchong or KL, maybe Jinjang, but haven't been there for ages.
when2meets2boy
post Mar 18 2019, 08:08 PM

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QUOTE(blancpain4470 @ Mar 18 2019, 07:10 PM)
Cheap Kepong food? Personally I don't think Kepong food is that cheap. One thing though SD lacks good restaurants in the township itself. Many coffee shops but very few good restaurants.

We went to check out DA for a small unit (for our old age own stay in future) and found the asking price is high. We thought at that price might as well buy at DPC. Now months later we got Airie instead so look like I still can't escape SD! šŸ˜‚
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Whoa, Airie must be at least 2 mil, last I check. I wanted to get on Airie too, Went to have a look and then was turned off because of that huge sinkhole that appeared infront of the Airie. My wife was freaked out. Especially when the Damansara Seresta retaining wall steep slope has sent jitters to her spine. After seeing that sink hole, that whole stretch became "no-go" for us.

This is the one. Huge and menacing. yet unresolved in February. the sinkhole

Now the only landed option with something as good (environment) as Airie is Country Heights Damansara. Should have bought it when launched years ago when it was barely 1 million

This post has been edited by when2meets2boy: Mar 18 2019, 08:15 PM
when2meets2boy
post Mar 18 2019, 08:53 PM

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QUOTE(blancpain4470 @ Mar 18 2019, 08:39 PM)
Lol. Sink hole makes the price of airie sinks further. I got good price for it. It doesn't bother me and they are repairing now as we speak. Airie is on the same hill as Rafflesia ... Just in opposite side. When your time comes God will take you even you live in a vault! 🤣
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Indeed quite true, yeah, I just rechecked iProperty, price dipped a little, I think, still hovering around 1 mil.

, I've been drone flying over the place for a while, so I know where it is. Rafflesia is no go because access has to go through Samsara Damansara Perdana, and it's a less desirable leasehold, and the eyesore/danger that is Empire Residences.

Which side did you get for Airie. Do you find part of Airie faccing the North South Highway noisy? I'm curious to know.

Did the council explain the reason for the sinkhole?

Too bad, bad timing, wife's not going to agree to consider this side of Sri Damansara for some time.

when2meets2boy
post Mar 18 2019, 11:51 PM

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QUOTE(BEANCOUNTER @ Mar 18 2019, 10:41 PM)
Hamptom residency or bungalow lot????

Got so cheap meh bungalow lot?
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Years ago, before 1997, went there with my mum. I recall a piece of bungalow lot land in CHD is around 1mil +
when2meets2boy
post Mar 18 2019, 11:55 PM

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QUOTE(blancpain4470 @ Mar 18 2019, 09:56 PM)
Airie cheapest is slightly less than 2mil after nego. Most are around 2.1 to 2.5 for semi d. Pool facing units are more expensive but I really don't fancy. My unit is cheap cheap one facing nkve ... We found ok but that's depending on individual. If you are outside the house the noise is noticeable. Inside the house ... not really once you have aircons and others on and with curtains.

Nkve traffic is quite far below the houses. The trees also act as sound barriers. We went a few times and finally decided it doesn't bother us and thus bought the unit.

Back to Activo/DA, the Activo Suites are quite nice. But I have been living in landed properties so condo is a no for me
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Thanks for the info. I had to do some noise modelling to determine my choice unit at ATIVO SUITES too. Good catch though, if it's sub 2 million for your AIRIE home. As for traffic noise, try acoustic fencing, since the source of noise is lower than your property, a well positioned acoustic fencing could be the simple solution for noise free home sweet home for you.

This post has been edited by when2meets2boy: Mar 19 2019, 12:03 AM
when2meets2boy
post Mar 19 2019, 08:22 PM

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QUOTE(BEANCOUNTER @ Mar 19 2019, 10:04 AM)
alamak….more than 20 yrs ago.....

can afford to buy land, also need to consider and afford to build house on tilts.
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I remembered during that launch, to sell, they allowed you to build anytime within a 20 year period. So I think, it still a gain, as the land now is worth much more, the last time I checked
when2meets2boy
post Mar 19 2019, 08:27 PM

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QUOTE(corleone74 @ Mar 19 2019, 10:46 AM)
Did someone just start his longish post by the phrase "as a TRAINED SCIENTIST" blah blah?
Haha
That means therr is a lot of study and big words but the conclusions is wrong.

Of cos DPC is better than BSD. This one is not scientist talking. Its old cheapskate unkerl talking. The kind who eat chicken rice everyday.

Buy the cheaper house in a best neighbourhood, not the most expensive house in a lousier location. This one the CEO of the largest property agency in Singapore say one. I think he's not a scientist either. He iirc is  school dropout.
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Bla bla bla. The scientist part only referred to the decision making process. I did not infer that I am a property guru. And my point still stands. I am buying for own stay, and not for flipping. There are countless factors for determining what's best for my own stay. And to me, a development that is not taking selling it's product seriously, with no show rooms, no service, and pasar malam selling, in all measures will only attract herd mentality purchasers and flipper driven neighbors. What good is a good neighbourhoods with lousy neighbours. I rather stick with a crowd that can afford to 1.5mil or hold it for more than 10 years because they can.

My two cents
when2meets2boy
post Mar 19 2019, 08:54 PM

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QUOTE(BEANCOUNTER @ Mar 19 2019, 03:51 PM)
my 1st choice was bukit tunku but I cant afford it.
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Sama sama. Have you heard of Kenny Heights? I will get that one day. Give me another 10 years of wealth growth
when2meets2boy
post Mar 19 2019, 09:08 PM

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QUOTE(BEANCOUNTER @ Mar 19 2019, 04:20 PM)
Ppl buy ownstay home at certain location bcos its close to where they grew up usually.

Time will pass n place will grow old. You think kk as cited above wont get old? Kk already 25yo already. Thats why ppl buy canal city now.....

I have a 30yrs low mid cost landed in puchong. Am sure when i list it for subsale there will be buyer.

Only those eyes grow on forehead look down on older popety.

Old is gold. Good location you cant duplicate....

Newbies really need to learn
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Same here, that's why I like DA, I get the best of both worlds, surrounded by matured low density neighbourhoods where I can get everything I want but staying at a spanking new affluent condo decked with all the facilities and lifestyle niceties I need for a 30 year old. On odd days I can dress down and have my humble bowl of pork noodle, and even days I can host my guest in ATIVO hanging deck and restaurant. And any given day, I could visit DPC or the future DA when I feel like being with the crowd. And then when I feel like having alone time, I'll escape to the hills right in the Sri Damansara neighbourhood. That's the reasons I became fixated at Sri Damansara. Had it been the right timing, I would have gotten Airie. And had Damansara Seresta been less fraught with steep slope issues, I would have placed it higher than ATIVO too, because own stay should be far enough from the crowds to relax and close enough to civilisation when you want a piece of the action. ATIVO is a compromise.

I'll probably be staying at ATIVO until I retire, then I'll go for Bukit Tunku or Country Heights Damansara, when I get enough moolah. Which should be right on by the time I retire.
when2meets2boy
post Mar 19 2019, 09:39 PM

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QUOTE(BEANCOUNTER @ Mar 19 2019, 09:33 PM)
Kenny heights dun play play...
Olympia group.....cannpt run biz one...

Remember duta hyatt kl? They also cancelled their condo project there.
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Oooooo icic, the piece of land at the top of Bukit Tunku look so b sweet though. Good to Know

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