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Pacific Place @ Ara Damansara, buy with only RM3.1k booking! 100% loan
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0106127
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 Jul 13 2010, 10:09 PM
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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.
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0106127
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Jul 14 2010, 12:45 AM
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QUOTE(airline @ Jul 13 2010, 11:47 PM) 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 |
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0106127
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Jul 14 2010, 10:17 PM
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QUOTE(rakyat @ Jul 14 2010, 09:47 AM) 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 even if the citta mall is under construction, what guarantee that the mall gives>? who will rent the mall out to? who will be the tenant>? it can be another under use white elephant. and if that happens, then all property will be selling below developer price. and as for the college? any confirmation? which college? how many students? what course? when start operational? any lease, sales agreement to show proof? |
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0106127
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Jul 15 2010, 01:13 AM
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QUOTE(numbertwo @ Jul 15 2010, 12:10 AM) sort of agree to this statement here...i'm moving into a condo with retails (just the ground floor, with cafe, 7'11, saloon, massage parlour) from a landed property, and I can tell you i start loving it.... i understand ur comment on massage parlour. haha  |
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0106127
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Jul 15 2010, 02:38 PM
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QUOTE(airline @ Jul 15 2010, 10:07 AM) maybe something like selayang mall or south city plaza. where nobody goes add in summit selayang, desa complex kepong. owners are selling 70% below dev cost. |
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0106127
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Jul 16 2010, 12:17 AM
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QUOTE(john@ @ Jul 15 2010, 03:46 PM) 70% of developer price? which apartment are you referring? its discount 70% from developer price. u interested? |
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0106127
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Jul 19 2010, 09:06 PM
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QUOTE(john@ @ Jul 16 2010, 12:35 AM) yes, curious to know more. Do you mean the shoplot or the residence apartment nearby Summit Selayang? For residency wise, PP is in a more premium area compare to Selayang or Kepong or Serdang. And there will be KJ LRT line station just 5 minutes away. i won't argue if anyone would say this LRT issue might be a promise that will never happen but let's see whether it will start work on November or not. And for the Citta, I can say this might another "The Curve", since you guys also guessing only that it will be like Salayang mall or South City. http://www.citta.com.my/concept_&_placementPS: i've got nothing to with this project, just try to give some fair opinion on PP. to me the citta mall will just be another white elephant.coz there is no big tenant for the complex. and the surrounding area is so DEAD, which big shopping operators will risk incurring losses there. |
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0106127
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Jul 20 2010, 01:47 PM
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QUOTE(fenture @ Jul 20 2010, 11:12 AM) if u build it, ppl will come. this part of town still lack a community size mall. it lack a community size mall because the catchment area is so small. |
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0106127
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Jul 22 2010, 08:23 PM
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QUOTE(fenture @ Jul 21 2010, 02:11 AM) not too small in 2014 though. 2014 still cant la... 4yr down the road still small catchment. that place have been developing since 1990s and so far no rock solid capital appreciation. many ppl goes bust investing there. now they are selling at developer price although bought 4-5 yr ago. |
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0106127
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Jul 23 2010, 12:08 AM
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QUOTE(fenture @ Jul 22 2010, 11:48 PM) the condos next to sime gallery are doing quite well. 3-4 yrs down the road, more props will be VP'ed, so should have more catchment, at least 5-10k ppl? oasis is partly ready now, so, should attract some working ppl to start going there. with that, some might move over as well. u try see dana1. nany ppl hang neck |
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0106127
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Aug 3 2010, 01:39 AM
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QUOTE(fenture @ Jul 23 2010, 03:33 PM) Yes, dana1 isn't doing that well as of now. Might become better later. Even bandar puteri puchong also took some time to reach current state. wont be putting in money here till i see some solid gains and more matured |
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0106127
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Aug 9 2010, 01:59 AM
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QUOTE(fenture @ Aug 6 2010, 09:56 AM) ppl who went in earlier already made 50k paper gain!  i have seen ppl who buy a project in 1st phase and made 30k paper gain. and guess what, after vp, they sell at a loss, below developer price. |
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