new project consist of 3 phases:

1) serviced apt w/ 3 floors of shop
2) shopping mall
3) college

Location wise is quite good, next to Dana 1 along Jalan Subang to old airport. Bad thing is Leasehold.
Future LRT station is just infront of shopping mall.

Currently developer is giving away 10% disc. So, for those who can qualify for 90% loan will get 100% loan!!

Serviced Apartment:
- 6 blocks
- 15 storeys, 3 for shop, the rest aprt
- 15 units per floor, with 3 lifts
- 2 room 864 sf 10 units from rm325k,
3 room 1042sf 2 units from rm400k
3 room+1 duel key 1325sf 2 units rm505k
3 room+1 duel key 1257sf 2 units rm485k
(duel key means 2 units within 1! You open a door, there are 2 more doors to 2 diff units!! so it is basically a 2bedroom + studio)

However, like ED, it hasn't gotten its approval yet.

This developer developed those shop lots infront of the Giant at USJ. So, got some track record.

Those interested, plz call 016 661 3178.
3k booking fee written to Developer's lawyer.

This post has been edited by fenture: Jun 21 2010, 01:00 PM


Attached thumbnail(s)

hahaha was about to post a new thread until i saw it has been posted first....

Only 2 lift serving a block ....

sorry 3 lifts & 15 floors.

---

Added on June 18, 2010, 10:09 pmabout 40% sold today. the lrt is quite certain as developer & sime have been compensated for land acquisition.

so, come visit the sales office sat, i will be there. give me a ring when you are there, 016 661 3178

---

Added on June 21, 2010, 1:11 amBlock D open today. many sold. If you still want some choice units, plz contact 016 661 3178

---

Added on July 7, 2010, 10:33 pmBlock C open with 50k increment. So, if you are still interested, plz do not hesitate to call.

This post has been edited by fenture: Jul 7 2010, 10:33 PM

Just curious why isn't more ppl interested in this prop?

better go for setia walk freehold.

hahaha nice one

What is the pricing for the leftover of SW now?
size and layout slightly different also.

One definately thing is the financing scheme of PP is luring people, haha.

friend told me the sales office is like 'pasar malam', how come no ppl interested here?

sw? too late, long gone liao..unless go for the very large ones..that also limited units left

true..zero down for pp n no headache..at the moment only. but headache will soon start when 720 units (out of 1152 units) of the same type (862 sf) vp'ed n put on the market at the same time. by contrast, sw has only 128 units of 850 sf out of 759 units. assuming both developments still devoid of the darn lrt by then, which is more risky, assuming both r for investment only?

Maybe ppl go "pasar malam" just to do "window shopping"??

Coz this is a 'punt' for flippers & speculators.....

There is no approval yet for the project, leasehold in a place filled with freehold highrise, built on landfill, Jaks is not a reputable developer (they r Toyo's crony with questionable financial)

But those that want to speculate the entry price is low (RM3k) and the pricing is low (RM320 psf vs. RM450 psf)

The grim reality...... n have to agree with aquest, SW is the lesser of 2 evils....... but we are comparing a dev that was launch last month VS 2 years ago punya SW price........


not an apple 2 apple comparison.....

Also must share the early bird discount, PP everyone gets 10% rebate, SW only 50 units gets discount, less than 10% definately (if my memory is correct).

We know for sure a lot more speculators for this project, and paper gain already shows that they punt beautifully, provided project VP accordingly.

aquest kor shared very good stats about 2 projects, PP has a lot more to worry, but like Pai kor said, not comparable for project launched 2 years apart.

One should ask ownself, without the lrt, and the proposed college, and the shopping mall might not be "ahem" as popular as 1U, will this project still fit your appetite?

And if does, is the price you are willing to pay fair? (not just the d/p of 3.1k, but the whole loan tat one is taking on), all pass, then one more question to ask, anything else out there offering better/safer deal?

Just my own opinion.

This post has been edited by noed18: Jul 13 2010, 07:53 PM

sw got free kitchen n wardrobe worth rm15k for the 1st 100 puchasers leh..summore got referral fee wor those days.
subsequent blocks r2 n r3 also got 3% discount for 1st 50 customers. except for the smallest type, most sw folks got 2 carparks..n even up to 3 carparks for 1350 sf type. assuming each carpark is worth rm25k, the 2 additional is already rm50k. or rm37 psf.

by contrast, pp provide only 1 miserable carpark irrespective of type n sizes. they shortchange u here tho' u get 2 air conds n some fittings in return.

anyway, still can't accept the concept of residential units sitting on top of shoplots..too close for comfort..reminiscent of bandaraya flats.

i personally not going to invest in this prop.
for own stay maybe suitable.
the pricing and location factor is not great.
there are many "abandon" units in that area.
it will need 5 years to fully occupy.
the return on investment wont be great too.
and its a leasehold with commercial title, it will be difficult to flip.
and as for the college, shopping and LRT, its is just developer promise.
how well and if it really materialize is still questionable.
these "facilities" can be an eyesore.



the developer is trying to sell with 3.1k down payment. maybe the developer have already mark in 10% extra margin to give low down payment and discount.

with this i can only conclude that there will be little upside potential.

now increase rm50k paper gain somemore.
went to giant usj to have a look a few weekends ago.
wasnt impressed.

but in some forum say connected to 7 highways??

paper gain is useless.
the project not even started.
the developer is trying to push up prices.
bubble will burst

I think the college (SD already 'promised' in their Oasis launch) and shopping centre (100% Citta mall under construction) is quite solid although it is not Jaks effort but SD's

is this the first in malaysia? never heard of this before?