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Investment GLOMAC RESIDENSI DAMANSARA [OWNERS' THREAD], Offices, Apartments, Retail @ TTDI

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GlobalKL
post Mar 13 2011, 02:30 PM

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QUOTE(Lic38 @ Mar 13 2011, 01:54 PM)
Actually the MRT is just a bonus if it happens. I don't think you are buying and hoping that the MRT wil take place.

People who are really speculating on the MRT and LRTs are those buying in very secluded locations at high prices without accessibility and without much other selling points. Locations that will fail if the MRT and LRTs doesn't take off. ie. K-residence, Z-residence, Pacific Place etc. Those projects have really factored in the MRT and LRT to the price but little on other factors.
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+ Eve Suite/The Zest/Setiawalk/KL Eco City? ...But LRT expansion is quite confirmed and should be safer than MRT. MRT still open for debate and longer way to go...
fooj
post Mar 13 2011, 04:42 PM

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Block B is 13% booked / sold ...


Added on March 13, 2011, 4:43 pmBlock A 70% sold ...

This post has been edited by fooj: Mar 13 2011, 04:43 PM
Lic38
post Mar 13 2011, 05:31 PM

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QUOTE(GlobalKL @ Mar 13 2011, 02:30 PM)
+ Eve Suite/The Zest/Setiawalk/KL Eco City? ...But LRT expansion is quite confirmed and should be safer than MRT. MRT still open for debate and longer way to go...
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Yes and no. The Zest, Setiawalk and KL Eco City doesn't rely on LRT or MRT taking off but simillarly MRT/LRT would be a bonus. Those developments can stand very well on its own as they have their own points and already relatively good accessibility.

Yeah LRT has a better chance relatively. But MRT is interesting too for the middle-higher income groups. Includes on its line is Sunway Giza, The Curve, RRI Development, Damansara Heights and One Utama.



cybermaster98
post Mar 13 2011, 07:44 PM

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QUOTE(Lic38 @ Mar 13 2011, 05:31 PM)
Yes and no. The Zest, Setiawalk and KL Eco City doesn't rely on LRT or MRT taking off but simillarly MRT/LRT would be a bonus. Those developments can stand very well on its own as they have their own points and already relatively good accessibility.

Yeah LRT has a better chance relatively. But MRT is interesting too for the middle-higher income groups. Includes on its line is Sunway Giza, The Curve, RRI Development, Damansara Heights and One Utama.
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How about the Lacosta condos at Sunway South Quay? good buy?
fooj
post Mar 13 2011, 09:59 PM

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QUOTE(cybermaster98 @ Mar 13 2011, 07:44 PM)
How about the Lacosta condos at Sunway South Quay? good buy?
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I don't think Sunway project is cheap too ... blink.gif
Frenly
post Mar 29 2011, 08:46 AM

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I just book a unit there during the MAPEX fail recently at Mid Valley ...already pay rm 5000 k for the booking fees awaiting for the agreement
PRY2010
post Mar 29 2011, 09:13 AM

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QUOTE(Frenly @ Mar 29 2011, 08:46 AM)
I just book a unit there during the MAPEX fail recently at Mid Valley ...already pay rm 5000 k for the booking fees awaiting for the agreement
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Which Block u r booking? I've a unit at Block A Level 23A....
Prevail
post Mar 29 2011, 10:55 AM

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any owner wanna let go can pm me
i can help to market your property

This post has been edited by Prevail: Mar 29 2011, 10:55 AM
cybermaster98
post Mar 29 2011, 11:12 AM

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QUOTE(Prevail @ Mar 29 2011, 10:55 AM)
any owner wanna let go can pm me
i can help to market your property
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Well im looking to invest in a residential / retail unit around Damansara or TTDI. A suitably priced unit with good rental returns. IM quite aware of market prices and am not really interested in those developer jacked up prices which wont sustain in the long term. Let me know if you have anything that satisfies my requirements.
Frenly
post Mar 29 2011, 11:57 AM

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cybermaster bro,

i got the block B ...Lvl 29


Added on March 29, 2011, 11:58 amops Prevail.

Lvl 29 Block B

This post has been edited by Frenly: Mar 29 2011, 11:58 AM
kochin
post Mar 29 2011, 12:03 PM

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QUOTE(Frenly @ Mar 29 2011, 11:57 AM)
cybermaster bro,

i got the block B ...Lvl 29


Added on March 29, 2011, 11:58 amops Prevail.

Lvl 29 Block B
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price psf?
Frenly
post Mar 29 2011, 04:17 PM

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i think around 650.00
fooj
post Apr 1 2011, 10:20 AM

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QUOTE(Frenly @ Mar 29 2011, 04:17 PM)
i think around 650.00
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Hi , have you get your loan settles out ?
mmisulit
post Apr 11 2011, 08:21 PM

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I just bought one Block A.. Glomac has announced their sterling financial report.. Glomac Damansara is one of their high profit margin projects.

I am comparing this to Damansara Twins (Damansara Heights), and I chose this one because Twins is damned expensive in the secondary market. Close to RM900 psf.

Yes, MRT is a bonus but i am planning to move in myself, so I bought the 1,313 unit.

I was looking around at Ameera Residence (SS2), and Livilla (Section 16), and i find that this is a better location although it is pricey..
But.. i am comfortable with the access roads..

I am attaching their take up rate.. Hopefully it will show up..

Attached Image
Attached Image
cybermaster98
post Apr 13 2011, 09:46 AM

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QUOTE(mmisulit @ Apr 11 2011, 08:21 PM)
I just bought one Block A.. Glomac has announced their sterling financial report.. Glomac Damansara is one of their high profit margin projects.

I am comparing this to Damansara Twins (Damansara Heights), and I chose this one because Twins is damned expensive in the secondary market. Close to RM900 psf.

Yes, MRT is a bonus but i am planning to move in myself, so I bought the 1,313 unit.

I was looking around at Ameera Residence (SS2), and Livilla (Section 16), and i find that this is a better location although it is pricey..
But.. i am comfortable with the access roads..

I am attaching their take up rate.. Hopefully it will show up..

Attached Image
Attached Image
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These take up rates are never true la. its always a bunch of lies to show that the project is well received. let me ask u something. How many launches have you gone for and seen 3/4 of the board empty? Rarely rite?

If u wanna know the truth, choose the best unit there with best view and size and then ask the agent to show you the confirmed sale invoice. I bet my bottom dollar that they will never show u that and will instead give all kinds of excuses about privacy, etc.
TSaccetera
post Apr 13 2011, 10:09 AM

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I'm expecting about an average of RM1,100+ psf for new properties in a few years time for PJ.
Frenly
post Apr 19 2011, 08:59 AM

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I got a call from them and was told that the Sales & Purchase Agreement is ready
Anyone went to their office and sign the Sales & Purchase Agreement?
SUSUFO-ET
post Apr 19 2011, 07:56 PM

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QUOTE(cybermaster98 @ Apr 13 2011, 09:46 AM)
These take up rates are never true la. its always a bunch of lies to show that the project is well received. let me ask u something. How many launches have you gone for and seen 3/4 of the board empty? Rarely rite?

If u wanna know the truth, choose the best unit there with best view and size and then ask the agent to show you the confirmed sale invoice. I bet my bottom dollar that they will never show u that and will instead give all kinds of excuses about privacy, etc.
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Not all the developers are like that, if you dun believe, you can drop by SP Setia Setia Walk - Trigon service apt, after one mth of sales, it only show bout 10% of the total units being sold, I asked the SA, she said really slow but they are still confident that it will be all sold out once the shops and entertainment mall are operating
Many reputable developers dun practise this dirty trick, I&P is another steady developer
noswear
post Apr 19 2011, 08:01 PM

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but can glomac property perform ah?/

i c those build by glomac ie the commercial units near to sterling pj...stil empty after sometimes
cybermaster98
post Apr 20 2011, 08:20 AM

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QUOTE(UFO-ET @ Apr 19 2011, 07:56 PM)
Not all the developers are like that, if you dun believe, you can drop by SP Setia Setia Walk - Trigon service apt, after one mth of sales, it only show bout 10% of the total units being sold, I asked the SA, she said really slow but they are still confident that it will be all sold out once the shops and entertainment mall are operating
Many reputable developers dun practise this dirty trick, I&P is another steady developer
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Maybe just 1 or 2 might be true but a MAJORITY of them are NOT true. Trust me. I am well informed about the industry.

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