i feel ur thread suitable in Kopitiam..

no info to keep us update + ur chit chatting with krgia 10

+1, dun forget after long discussion make a summary here ya

Investment Checklist:
Summary of Comparison between Kinrara Residence and Surrounding Housing Scheme

Advantages:
1) Location nearer to KL and easy accessibility.
2) Next to Forest reserve with fresh air and environment.
3) High ground with nice view & greening environment.
4) Gated & Guarded with centralized home security alarm system.
5) Contemporary design with premier lifestyle concept living.
6) Clubhouse and nice landscaping environment.
7) Green Building guideline features.


Key Enhancement Factors:
1) Successful Development of Jalil City Commercial Centre.
2) Jalil Interchange to Bdr Bkt Jalil - Ho Hup Jalil City (Sirim junction).
3) Completion of LRT Extension line will ease the traffic congestion
of Bukit Jalil-Sungai Besi Expressway.
4) The Link road join to Putra Permai - Persiaran Lestari
5) Construction of Kinrara - Damansara Expressway.


Disadvantages:
1) Lease Hold Property:
-Lack of Sub-sale value
-Lack of Refinance value
-Free Hold Property have Larger pool of buyers
-Lack of Constant appreciation
-Longer Transaction period needed
2) Surrounded by Free Hold Properties.
3) Traffic congestion at Giant junction.
4) Insufficient Commercial facilities & activities.
5) Flight Path above Housing Scheme.
6) Near to Forest have potential disturbance by animal & insects (Monkey, snake, termites & bugs)
7) A lot of housing complete at the same time by year of 2014.
8) 2/3 Storey Semi D - Only provided with 4+1 rooms, should have min.5+1 rooms for Semi D.
9) Low Quality Material/Finishes provided by KR as compare with others housing scheme nearby.
10) Club house too small and insufficient facilities.

+1 good analysis

What is the timeline for key enhancement factors? hopefully half of them are completed by the time KR hand over in 2013. Then it will boost value of KR further.

Chance of success investment:
1) High inflation -cause increase of material price & construction cost.
2) Reduced in petrol subsidy for transportation - everything up up up again.
3) Implementation of GST after General election.
4) World economic recovery in near future will benefit to the grow of local economic.
5) Foreign investment in local high-end properties.
6) Limitation of land in good location.
7) Huge group of young generation buyer looking for GnG community with modern concept living.
8) Completion of MRT will enhance properties value at surrounding area.

---

Added on May 21, 2011, 8:54 amNo doubt with the current inflation rate, properties price have no reason to drop in future, but “Lease Hold” still the Key Govern Factor for the KR future value & potential.


This post has been edited by logen33: May 21 2011, 08:54 AM

Great week ahead!! 10 units of 3-storey Superlink priced at 1.03 million fully sold!! 3-storey Superlink at RM310/sf (RM1.03mil/3317sf) looks so attractive as Kinrara 2-storey new houses have been traded from RM380/sf-RM420/sf now!! Kinrara Residence shd possess at least a x-factor value of 30% (Note Desa Parkcity clocked 100% X-value), given a conservative price of RM330/sf, the upside for 3-storey (3317sf) in 2 years future appreciation could reach a level of RM1.42 mil given all parameters remain constant.

Kinrara Residence - Sales as at 21/5/2011

Bungalow Purchasers:
1)

Semi-D Three-Storey (total 144 units, 107 units sold) - 74% sold:
1)

Semi-D Double-Storey (total 120 units, 91 units sold) - 78% sold:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy

Link Three-Storey Purchasers (total 269 units, 232 units sold) - 86% sold:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp

Link Two-and-a-Half-Storey (Total : 67 units) - 100%? sold:
1) krgia10

Link Double-Storey (Total : 113 units) - 100%? sold:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit

Note :
2 & 2 1/2 storey still has 30+units reserved for BUMI
3 storey Superlink new price 1.038 million, only bumi lot available
2 storey Semi-D - Left Bumi lot

This post has been edited by UFO-ET: May 21 2011, 05:23 PM

at 330psf, 2s worth 820k ?
380psf, 2s worth 945k ?
seems rediculous

No surprise, rooms to growth for Kinrara properties as LRT has kicked off lately, plus LDP jam force many Puchong buyers focus in Kinrara, fundamentally Kinrara is better than Bdr Puteri (but price cheaper), obviously it is either Puteri overprice or Kinrara underprice now..
2 units of Kinrara new 22'x75' of BK8 double storey has been sold for 840K recently

those are freehold arent they ?

My friend also bought a new BK8 after comparing puteri houses. His reason is puteri stretch too busy and further from KL. Seems like just a matter of time kinrara house will cost more than puchong puteri house.

BK8 in iproperty is selling 780k. Someone i know sold slightly lower than that.

Pld make clear that BK8 has Sapphire and Emerald, both 22'x75'
price is different between these two
Emerald feature the best in quality, design and layout, sapphire is bout 90%-95% of Emerald in terms of layout and quality
Developer price : Sapphire RM530K, Emerald RM695K
Built up : Sapphire 2350sf, Emerald 2433sf

This post has been edited by UFO-ET: May 23 2011, 12:20 AM

hi guys....would like to ask the sifu-sifu here one question...how much would it cost approximately to furnish and renovate 3-storey superlink in KR??assuming medium-end....not too low-end but not too high-end either...any ideas??? thanks...

UFO u should go take license to become a professional valuer also....

lol.......then u can provide a complete services.....

---

Added on May 23, 2011, 8:43 ami went to the show house for 3 sty........still need to renovate ah??

u wan from 3 sty extend to 4 sty ah?? lol jk jk only ....

i thought minor furnishing will do??

This post has been edited by noswear: May 23 2011, 08:43 AM

There is always some work to be done. For example, add lighting points, kitchen, aircons, etc.
It's best you see an empty unit.

Very hard to answer yr question. The Kinrara Residence show unit (3-storey Superlink) all in lock-stock-& barrel cost TMS 400K.
ID cost is getting higher & higher, it depends on wat you want.
Confortable (??) move in condition (exclude movable items) easily 150Klah....

I'm posting some details I saw somewhere:

Why Bandar Kinrara Puchong?

Duta Kinrara
http://www.dutakinrara.com/overview.html

Kinrara Residence
http://www.mahsing.com.my/index.php?option...y_details&id=27

Kinrara Hills
http://thinkproperty.com.my/realestate/ind...etail&id=255131

Bandar Kinrara
http://www.bandarkinrara.my/

---

Added on May 23, 2011, 10:12 amInvestment Checklist:
Summary of Comparison between Kinrara Residence and Surrounding Housing Scheme

Advantages:
1) Location nearer to KL and easy accessibility.
2) Next to Forest reserve with fresh air and environment.
3) High ground with nice view & greening environment.
4) Gated & Guarded with centralized home security alarm system.
5) Contemporary design with premier lifestyle concept living.
6) Clubhouse and nice landscaping environment.
7) Green Building guideline features.


Key Enhancement Factors:
1) Successful Development of Jalil City Commercial Centre.
2) Jalil Interchange to Bdr Bkt Jalil - Ho Hup Jalil City (Sirim junction).
3) Completion of LRT Extension line will ease the traffic congestion
of Bukit Jalil-Sungai Besi Expressway.
4) The Link road join to Putra Permai - Persiaran Lestari
5) Construction of Kinrara - Damansara Expressway.


Disadvantages:
1) Lease Hold Property:
-Lack of Sub-sale value
-Lack of Refinance value
-Free Hold Property have Larger pool of buyers
-Lack of Constant appreciation
-Longer Transaction period needed
2) Surrounded by Free Hold Properties.
3) Traffic congestion at Giant junction.
4) Insufficient Commercial facilities & activities.
5) Flight Path above Housing Scheme.
6) Near to Forest have potential disturbance by animal & insects (Monkey, snake, termites & bugs)
7) A lot of housing complete at the same time by year of 2014.
8) 2/3 Storey Semi D - Only provided with 4+1 rooms, should have min.5+1 rooms for Semi D.
9) Low Quality Material/Finishes provided by KR as compare with others housing scheme nearby.
10) Club house too small and insufficient facilities.

Chance of success investment:
1) High inflation -cause increase of material price & construction cost.
2) Reduced in petrol subsidy for transportation - everything up up up again.
3) Implementation of GST after General election.
4) World economic recovery in near future will benefit to the grow of local economic.
5) Foreign investment in local high-end properties.
6) Limitation of land in good location.
7) Huge group of young generation buyer looking for GnG community with modern concept living.
8) Completion of MRT will enhance properties value at surrounding area.

Great week ahead!! 10 units of 3-storey Superlink priced at 1.03 million fully sold!! 3-storey Superlink at RM310/sf (RM1.03mil/3317sf) looks so attractive as Kinrara 2-storey new houses have been traded from RM380/sf-RM420/sf now!! Kinrara Residence shd possess at least a x-factor value of 30% (Note Desa Parkcity clocked 100% X-value), given a conservative price of RM330/sf, the upside for 3-storey (3317sf) in 2 years future appreciation could reach a level of RM1.42 mil given all parameters remain constant.

Kinrara Residence - Sales as at 21/5/2011

Bungalow Purchasers:
1)

Semi-D Three-Storey (total 144 units, 107 units sold) - 74% sold:
1)

Semi-D Double-Storey (total 120 units, 91 units sold) - 78% sold:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy

Link Three-Storey Purchasers (total 269 units, 232 units sold) - 86% sold:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp

Link Two-and-a-Half-Storey (Total : 67 units) - 100%? sold:
1) krgia10

Link Double-Storey (Total : 113 units) - 100%? sold:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit

Note :
2 & 2 1/2 storey still has 30+units reserved for BUMI
3 storey Superlink new price 1.038 million, only bumi lot available
2 storey Semi-D - Left Bumi lot


This post has been edited by Covillea: May 23 2011, 10:12 AM

No Doubt with all these good points, it seem to be good deal!
But who really can conquer the Lease Hold “Phobia”?

---

Added on May 26, 2011, 8:49 pmBasing on the sale/pre-register record shown very promising!
I believe TMS purposely increased the last row of 2 & 3 storey Semi D to 1.7mil & 1.9mil respectively is to create a comfortable zone to retain the owners until they really ink down the S&P agreement.
Very good marketing strategic!
Percentage of successful rate still very much depending on how the individual owner overcome the FEAR FACTOR - “Lease Hold Phobia” !! Sometime no matter how you perfectly plan, but just one tiny factor is good enough to spoil the whole soup!
Expected drop out rate about: 30%???


This post has been edited by logen33: May 26 2011, 08:49 PM

Dun really understand, why phobia?
I only know that I have phobia being robbed once, my BK4 house had been broken into once (1998), freehold? Leasehold? Not my concern anymore, safety come 1st..
http://www.youtube.com/watch?v=smpImARSSyA&feature=related
In addition to, if KR is a freehold tenure, do you think TMS will price it the same as now? I think we will hv Mah Sing "freehold price" phobia by then

This post has been edited by UFO-ET: May 28 2011, 12:33 AM