Sori it was Datin.... actually it is the wife of the boss oso wanna goreng

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Added on June 28, 2010, 9:34 amFrom what I saw, all 4 to 5 lowest floor sapued by staff. Only level 12 onwards was available and priced was > RM330k for 700 sf.

This project is really overpriced for a leasehold & its location but with DIBS, RM20k rebate and BBB mood make it sold-out.

This post has been edited by rakyat: Jun 28 2010, 09:37 AM

phase 2 also sold out? or havent launched?

Block A (phase 2) not launched yet but expect price to be at least 20% more..... but you can get KLCC view

RM550 psf Better go for Sunway's freehold SA next door

This post has been edited by rakyat: Jun 30 2010, 01:56 PM

Which part of Sunway got freehold and 550 per sq.ft?...Setapak alone jln genting kelang...on top of festival mall also 500-550 per sq.ft..leasehold...

@rakyat: you mean sunway velocity? whats the status of that now?

Kawan, we talking bout Maluri Apartments what. Sunway Velocity-la takkan Sunway Tambun

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Added on June 30, 2010, 5:12 pmGonna launch soon but using Amaya as benchmark, might expect at least RM600 psf. This one I think oso will sold out during soft launch. If you want to catch better start cabling Sunway sales staff now

But seriously, I think Sunway will pull it off better then Malton especially on the retail

This post has been edited by rakyat: Jun 30 2010, 05:12 PM

Agree with what u said. I booked 1 unit but last minute decide not to proceed. For 900 sf priced over 400k. Moreover leasehold. Probably will fetch rental but resale value will nit increase much as buying price from developer already so high!

For >400k house, installment is at least RM2k, excluding maintenance fee and other cost. 900sqf is good for 4 people staying, meaning each tenant has to pay RM500 rental. If a tenant can afford RM500 rental, he don't have to stay in Cheras. Good luck everyone.

This post has been edited by super911: Jul 4 2010, 12:41 PM

I used to work and stay in tmn maluri. The place is definite worth investing in terms of location, but for 719sqf and without balcony, and some more over 350K, this is a little over priced. The other condos ard the vicinity is 50 to 100k cheaper. May not be a bad investment, but gotta consider deeper.

Not really 100% right. Studio at Taman Pertama is asking for RM1500-1600 rental.

You can always ask whatever price you like, but it's how easy to rent out that matters.

This is the 'against argument' i.e. traditionally the yield and pricing in the area is 'medium cost' and targeted toward lower middle class population hence the pricing is too expensive and rental demand would be too high for the area.

The 'for argument' is that this area is now transformed to KL city instead of 'chui li' (Cheras) with the upcoming Sunway Velocity, DBKL massive transformation of Jalan Peel and 'natural progression' (e.g. PJ in 70s and most recently Puchong)

cheraspeople quoted the example of Pertama Residency, my friend bought the studio appox RM180k renting out at RM1.5k much better yield then most PJ highrise.

Its too early to tell 'who is right' but if you have done your due diligence.....

how much do you think the price of a RM 400k condo at jalan peel cheras would rise in 3 years time?

No need 3 yr time, think 3 mths time when Velocity is launch..... probably paper gain of 25%. Heard Velo is around RM600 to RM700 psf. This one I feel will also sold out during soft launch.

they said most likely RM550 sq/ft

Who is 'they'? Call up Sunway and quoted to be RM6++ psf but from my experince, can never get the lowest indicative price, most likely bumi pricing or lowest floor sapued by staff & insiders.

So more likely you will end up at lest RM650 psf. Amaya was RM450 psf.... paper gain of XX% within 3 mths?

when is the 2nd pahse launching date?

Launched months ago and supposingly sold out within the week.....

But now SA claim got some units released, u should call up Malton to check

Please refer to the attached link, http://thestar.com.my/metro/story.asp?file=/2010/10/22/central/7256797&sec=central

I did contact the office, answered by Walter Assistant manager who incharge of tis project. The developer is pending AP and may soft launch soon. Their office opened same row as Pizza Hut Maluri.

Hope tis above may help u to find more info.

Bugger, this walter was my SA and he told me sold out oredi. Anyway heard from another forum that there are still units available and he claim that it was previously booked but owner did not get loan approved.

I think its all sales tactics just to push buyers. Sold out but 2 mths later still got units and planning soft launch summore