Hi, any residents willing to share whether GD is charged commercial or residential rates for utilities? And roughly how much would a 2-person household pay for utilities?

Also interested in renting a 876 sf unit, prefer fully furnished, pm me =D



This post has been edited by ArKanias: Mar 10 2016, 05:26 PM

I don't think GDR has unit sizes as you mentioned....perhaps it's the office units?

I am looking to sell, but mine is 1022 sf. Interested?

For GDR, it's commercial rates.....

As I gathered, BIG soft opening on 17/03/16.....by 2Q 2016, occupancy will be more than 50%.

do you have the list of tenants that will open at Glo other than B.I.G ?

I saw three units in iProperty, I suspect they are from the developer:

http://www.iproperty.com.my/propertylistin...ominium-forsale
http://www.iproperty.com.my/propertylistin...MAalZXtPIkFJ.97
http://www.iproperty.com.my/propertylistin...ominium-forsale

These are penthouse units, if your budget permits, why not.....but if I have a budget of RM 1.7m, I would buy TTDI Greens or Uptown Residence.

I don't have it, but time will tell.....and yes, Mara IT Damansara is 1 of them

Thanks for your suggestion. But, TTDI Greens are expensive. Most of resales are asking 900 - 1000 psf.

Is GLo Damansara open?

17 March 2016

I am just looking at your perspective.

For a budget of RM 1.7m, you are considering GDR Penthouse units from developer. So I believe you are looking at:-

1) For own stay - nobody would buy a penthouse for investment
2) You have a family, so you opt for larger units
3) Cost of transaction for subsale bothers you, so you are looking at units direct from developers

In addition, for me, I would try to buy:-

1) The most expensive product within a preferred location. Location comes 1st, then the product.
2) The cheapest product within a development.

To put it into perspective, say if I die die must stay in Mont Kiara and with a budget of RM 2m +/-, I would choose the smallest unit in MK11.

As for TTDI Greens or Uptown Residence, for RM 1.7m, go for the smalller units lo, 1600 sf perhaps? Or can consider Tropicana Grande perhaps.....

Ha ha, you are a very experienced investor and indeed got two reasons right: own stay and have a family.

Cost of transaction is not really the issue, just want to have a balance. I stay at Mont Kiara (not the multi-million unit) now and look for a better location in order to make my daily trips to my kids' schools and my office more efficient and faster. My main concerns are the room for further appreciation. Once my kids grow up and go to overseas universities, I don't need the unit any more.

Well, coming from your concern, for condo within this area, I would shortlist the following:-

1) 5 stones
2) TTDI Greens
3) Uptown Residence
4) Tropicana Grande

Among the above, by looking at just capital appreciation, I would opt for Uptown Residence Family Tower - think there are some developer units, just release. USP - mix development by SHC, Starling, Somerset, Offices.

GDR would not cut into my list as I don't see it as 'family' enough. Some other catalyst for GDR:-

1) TTDI MRT station - completion and operational by 3Q 2016
2) Glo Damansara Mall - 50% occupancy by 2Q 2016, The Tabung Haji building will be fully occupied by 3Q 16
3) TTDI Ascencia - launch at more than RM 1k psf, small units
4) Manhanttan Boutique Hotel - scheduled to open by 3Q 2016

With above, I suppose GDR pricing will escalate to more than RM 1k psf in 2017, but only for small units. Penthouses, the 13xx sf and 18xx sf types will be tough, probably at circa RM 900 psf.

That's entirely coming from my point of view.

Yes, I also consider 5 Stones.

Just curious, why smaller units? If the smaller units are in demand because of the affordability, then the potential buyers probably would consider Kota Damansara? After all, with the MRT, the extra travel distance is probably only 15 minutes ride.

Thanks for your advice.

boss. on glo mall. where's the source for 50% 2Q2016? it's already almost end of Q1. and achieving only 50% upon opening isn't exactly a bragging feature.
tabung haji 100% by Q3? also suspicious as the oval dsara is achieving a healthier take up rates lately. tabung haji still looks empty.

recommendation for ongss, agree that ttdi greens and uptown seems to be better bet than GDR. i think he should also explore existing TTDI supplies. a lot of big units there which are quite well maintained. those old timers may enjoy higher appreciation riding on all these new infra and catalyst as well.

.

This post has been edited by parsona: Feb 2 2022, 10:47 AM

I am not boss la....

I sat on the JMB for the entire GD, so all these info I gotten from our JMB meetings update.

I meant 50% occupied by end June 16. Tabung Haji building will be occupied by 1 of their subsidiary, 20 floors at 1 go.

Currently, Menara LGB is filling up fast, so the spill over effect into Menara Glomac.

And yes, I do agree with you, Old is Gold

The bigger units in GDR does not have any USP:-

1) The 18xx sf all have evening sun
2) The 13xx sf either faces Desa Kiara or each other

I suggest you to have a site inspection, to truly appreciate GDR.