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

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HER
post May 20 2014, 05:15 PM

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QUOTE(venesatan @ May 20 2014, 05:08 PM)
Hi
may I know what is the subsale price....thinking to buy for own stay....
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Current bank valuation from RM 820 psf onwards.
HER
post May 20 2014, 05:19 PM

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QUOTE(g3ni3 @ May 18 2014, 03:15 AM)
Hey guys,

Im one of the owner of GDR and ive collected my keys already.

Ive received a ketter from my bank which requires me to pay some interest which was due early May. Anyone facing the same issue as me? I thought we are suppose to start servicing the loan already?

Ive join the GDR group on facebook.. can someone approve me? smile.gif
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I have a unit and collected my key too.

My VP letter is dated 23/04/14, Glomac will served the progressive interest / DIBS till this date.

After this date till full drawdown, interest will be taken up by borrower.


HER
post May 23 2014, 02:34 PM

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QUOTE(venesatan @ May 21 2014, 01:55 PM)
Hi...
I would like to have a view...an one planning to sell. Pls let me know..
I prefer 3room unit..now staying at tropics...too small.....headache
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Yes, check out I-prop....I am working with an agent called Belinda.

I am looking for tenant only.
HER
post Dec 30 2014, 11:54 AM

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QUOTE(CMW123 @ Dec 30 2014, 11:50 AM)
Any cinema? When target to open?
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Last info I got, no cinema, target open in April 2015.

Retail consultant same as BSC, Empire Subang, both no cinema malls.
HER
post Mar 11 2016, 08:24 AM

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QUOTE(ongss @ Mar 7 2016, 10:19 AM)
Saw two units with sizes 2,179 and 2,131 respectively in iproperty, I am wondering if anyone knows whether these units are facing the Malay cemetery?

Also want to ask the amount of service charges since the units are service apartment. Anyone mind to share the rate?

Thank you.
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I don't think GDR has unit sizes as you mentioned....perhaps it's the office units?
HER
post Mar 11 2016, 08:25 AM

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QUOTE(sumtuckieeeee @ Mar 9 2016, 02:17 PM)
Any owner looking to sell 876sqft?
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I am looking to sell, but mine is 1022 sf. Interested?
HER
post Mar 11 2016, 08:27 AM

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QUOTE(ArKanias @ Mar 10 2016, 05:16 PM)
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
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For GDR, it's commercial rates.....
HER
post Mar 11 2016, 08:29 AM

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As I gathered, BIG soft opening on 17/03/16.....by 2Q 2016, occupancy will be more than 50%.
HER
post Mar 11 2016, 10:00 PM

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QUOTE(ongss @ Mar 11 2016, 04:45 PM)
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.
HER
post Mar 11 2016, 10:02 PM

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QUOTE(MonGJiHyo @ Mar 11 2016, 09:45 AM)
do you have the list of tenants that will open at Glo other than B.I.G ?  hmm.gif
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I don't have it, but time will tell.....and yes, Mara IT Damansara is 1 of them smile.gif
HER
post Mar 12 2016, 07:04 AM

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QUOTE(wil-i-am @ Mar 11 2016, 11:38 PM)
Is GLo Damansara open?
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17 March 2016
HER
post Mar 12 2016, 07:15 AM

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QUOTE(ongss @ Mar 11 2016, 10:59 PM)
Thanks for your suggestion. But, TTDI Greens are expensive. Most of resales are asking 900 - 1000 psf.
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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.....
HER
post Mar 13 2016, 07:12 AM

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QUOTE(ongss @ Mar 12 2016, 09:23 AM)
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.
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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. smile.gif


HER
post Mar 16 2016, 08:08 AM

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QUOTE(kochin @ Mar 14 2016, 08:31 AM)
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.
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I am not boss la.... biggrin.gif

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 thumbsup.gif
HER
post Mar 16 2016, 08:12 AM

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QUOTE(ongss @ Mar 13 2016, 10:37 PM)
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.
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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.
HER
post Apr 19 2016, 10:24 PM

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QUOTE(wurz @ Apr 19 2016, 07:35 PM)
Hi! Saw that you are interested to sell your 1k sqft GD apartment? How much are you looking at selling?
Can give a bit more details? Like tower, level, facing direction? Thanks smile.gif
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Unit A-27-3

1022 sf
1 carpark
3r2b
Faces 1U / Ikea / North

Asking RM 1.05m

 

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