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Investment GLOMAC RESIDENSI DAMANSARA [OWNERS' THREAD], Offices, Apartments, Retail @ TTDI
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Coolken
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Dec 25 2013, 01:48 PM
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Getting Started

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One of my good friend has a unit here.. Initially he wanted to flip it but after seeing current progress (unimpressive looks, rpgt and possible of low rental yield) he is considering to move in and rent out his metropolitan square unit instead... I think for own stay ok lar.. But cannot be too hopeful with appreciation..
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LSSY
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Dec 26 2013, 09:05 AM
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Getting Started

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em... forumers shall piont all the fingers out (to Glomac) rather than pointing in and argue... according to my study, appreciation will go along upon MRT in operation. this fact happens anywhere in the world. existing LRT already a good example. another disapponitment seen where air-conditioners were installed publicly (facade) of the building and i believe no grill cover will be placed. what a shit! good luck my forum frens...
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Wiredx
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Dec 26 2013, 09:25 AM
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The design reminds me of solaris dutamas - boring looking but high-priced
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LSSY
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Dec 26 2013, 09:41 AM
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Getting Started

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QUOTE(Wiredx @ Dec 26 2013, 09:25 AM) The design reminds me of solaris dutamas - boring looking but high-priced haha... true also... and sunrise is a well-known developer. even the umland (for me, not a famous developer) can produce a nice looking putramas 3 (along jalan kuching). it was high density condo, i would say middle class, but looked nicer than gdr.
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gdr2011
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Dec 26 2013, 02:57 PM
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New Member
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I am owner too and frankly speaking I feel like being cheated by what its look. It TOTALLY can't acceptable because it was too far away from its promised appearance in brochure/video during lauching! See, it shall look like this - simple and luxurious... my lovely GLOMAC, you get it!
Dear sis and bro! Can we do something?? Really, I  and I bought based on 2 reasons - MRT and Glomac as repute developer but you turn me down... What a good X'mas gift... Shit...
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MaxKHOO
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Dec 26 2013, 05:15 PM
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Getting Started

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Lately hv been seeing newbies complaining about Glomac Damansara.
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1282009
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Dec 26 2013, 07:50 PM
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Honestly I don't feel it's that bad. Probably the design slightly out compared to the original one due to smaller windows, shorter fin & different color scheme.
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Wiredx
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Dec 26 2013, 08:37 PM
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QUOTE(1282009 @ Dec 26 2013, 07:50 PM) Honestly I don't feel it's that bad. Probably the design slightly out compared to the original one due to smaller windows, shorter fin & different color scheme. Its not bad at all. But i think expectations were different, due to marketing materials.
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BigMan123
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Dec 26 2013, 09:16 PM
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QUOTE(Wiredx @ Dec 26 2013, 08:37 PM) Its not bad at all. But i think expectations were different, due to marketing materials. Agree. Lets wait for the whole thing to be up....then complain if required.
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MaxKHOO
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Dec 26 2013, 10:37 PM
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Getting Started

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QUOTE(BigMan123 @ Dec 26 2013, 09:16 PM) Agree. Lets wait for the whole thing to be up....then complain if required.  +1 agree with you.
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gdr2011
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Dec 27 2013, 08:30 AM
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New Member
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Yes it was not too bad but also NOT too GOOD. So it is under satisfaction! Yes we should not judge a thing by its cover but it was "UNDER" what have promised! Hope it will getting better after full completion, anyway, I have reservation!
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tantung
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Dec 30 2013, 11:53 AM
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New Member
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No point comparing against artist impression. Compare it against the layout in your S&P. But do bear in mind that those who's taken DIBS will NOT have the lawyer on their side if you want to bring a case up. Attached thumbnail(s)
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hydrogenx
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Dec 31 2013, 10:54 AM
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Getting Started

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lets just all wait until the building is 75% complete, i think at this stage its still too early to speculate the exterior outcome, there could be still in the works in doing the final touches later.
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Wiredx
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Dec 31 2013, 11:29 AM
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To be honest it does look progressively better
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tantung
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Jan 1 2014, 12:52 PM
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New Member
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QUOTE(hydrogenx @ Dec 31 2013, 10:54 AM) lets just all wait until the building is 75% complete, i think at this stage its still too early to speculate the exterior outcome, there could be still in the works in doing the final touches later. The building is almost complete already, only left interior parts. The fins are supposed to be 2 floors high. Now for all owners to go match against your floor plan in your S&P.
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gdr2011
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Jan 2 2014, 01:08 PM
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New Member
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It looked more than 90% completion already for the condo and only left remaining works on common facilities. I think will handover on time.
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mini126
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Jan 2 2014, 03:42 PM
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Getting Started

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when is the handover? Glomac SE said end of February.. Glomac office staff said April.. Any further update?
This post has been edited by mini126: Jan 2 2014, 03:44 PM
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cybermaster98
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Jan 2 2014, 03:57 PM
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For some reason, newer condo's in TTDI arent doing well. Good cases are Sinaran, The Residence and Kiara Mas. The older condo's are fetching better returns although rental yield is dropping. Just take Kiara Park Condo along Jalan Burhanudin Helmi for example. 2 units of the low rise condos (1356sf) were recently transacted at RM 880K & 890K. And both these units were bare units with little or no reno. Yet both snapped up within a week of owners putting them up for sale. Bear in mind, Kiara Park is 20 yrs old already yet demand still strong especially for the low rise units.
Those who invested in Glomac and Ascensia will need to wait a long time to see return on their investment especially with the upcoming property slump expected in 2015. If u can ride out the storm, then wait. If not, best to push off soonest possible. Dont worry too much about profit. If u can break even with a few thousand extra pocket money, i would sell off.
There is a storm coming. Duration & intensity unknown.
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LSSY
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Jan 2 2014, 04:22 PM
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Getting Started

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QUOTE(cybermaster98 @ Jan 2 2014, 03:57 PM) For some reason, newer condo's in TTDI arent doing well. Good cases are Sinaran, The Residence and Kiara Mas. The older condo's are fetching better returns although rental yield is dropping. Just take Kiara Park Condo along Jalan Burhanudin Helmi for example. 2 units of the low rise condos (1356sf) were recently transacted at RM 880K & 890K. And both these units were bare units with little or no reno. Yet both snapped up within a week of owners putting them up for sale. Bear in mind, Kiara Park is 20 yrs old already yet demand still strong especially for the low rise units. Those who invested in Glomac and Ascensia will need to wait a long time to see return on their investment especially with the upcoming property slump expected in 2015. If u can ride out the storm, then wait. If not, best to push off soonest possible. Dont worry too much about profit. If u can break even with a few thousand extra pocket money, i would sell off. There is a storm coming. Duration & intensity unknown. do you mind share your thought with points rather than plain advice? everthing has cycle so thus property but i don't think it will come in so early in 2015.
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cybermaster98
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Jan 2 2014, 04:54 PM
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QUOTE(LSSY @ Jan 2 2014, 04:22 PM) do you mind share your thought with points rather than plain advice? everthing has cycle so thus property but i don't think it will come in so early in 2015. Read what i said again. The only 'points' ull need is to observe the market carefully this year and make your own judgement. Ive made mine.
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