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Investment KINRARA RESIDENCE [OWNERS' THREAD], Lifestyle landed homes from Mah Sing

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cookies_cai
post Aug 14 2011, 11:22 PM

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QUOTE(lupjoeq @ Aug 14 2011, 03:48 PM)
are we entitled for the M club membership by purchasing MS properties?
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Checked wif KR SA, u muz apply M club membership by yourself (not automatic). Not sure if it is true, u can call their main office to find out more..... According to their website: "The Member will be issued an M Card for use in connection with the benefits and privileges under the M Clubâ„¢ Programme after the purchaser has executed the Sales & Purchase Agreement (SPA) and has paid no less than 20% of the purchase price of the Mah Sing Property"


Added on August 14, 2011, 11:28 pm
QUOTE(platinum39 @ Aug 13 2011, 09:31 PM)
What is the price now? I thought they had sold out?
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Price as of last Saturday (13 August 2011):

2-storey Semi-D = 1,745,800 (rebate 30k)
3-storey Semi-D = 1,898,800 (rebate 40k)

2SSD left last row and it is 40 x 89 (not 40 x 80), longer backyard.

The new 3 SSD has a space 4500 sqft (if not mistaken) vs. the current one wif 4118 sq ft wif a price diff of 2.1 vs 1.9 (about 200k diff). This is roughly RM500 per sqft for the additional space.......

This post has been edited by cookies_cai: Aug 14 2011, 11:34 PM


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platinum39
post Aug 14 2011, 11:48 PM

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Thanks a lot for the information.
Covillea
post Aug 15 2011, 11:42 AM

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Kinrara Residence - Sales as at 15/8/2011

Bungalow Purchasers:
1)

Semi-D Three-Storey (total 144 units, 116 units sold) - 81% sold
1)

Semi-D Double-Storey (total 120 units, 98 units sold) - 82% sold
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy
8) Antzfield

Link Three-Storey Purchasers (total 269 units, 240 units sold) - 89% sold:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp
5) MILAN88
6) lupjoeq
7) cookies_cai

Link Two-and-a-Half-Storey (Total : 67 units, 46 units sold?) - 69% sold:
1) krgia10

Link Double-Storey (Total : 113 units, 106 units sold?) - 94% sold:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit

Note :
2 & 2 1/2 storey still have 28+units bumi lots open for non-bumi
3 storey Superlink new price 1.068 million
2 storey Semi-D - Left Bumi lot

Calling all KR purchasers to check-in so that we can establish an informal group (outside the forum) prior to VP to safeguard each other's interests & also to work with Mah Sing to promote KR to the next level. A Teh Tarik Session to be arranged once we've everyone reporting in.


Added on August 15, 2011, 4:29 pm
QUOTE(cookies_cai @ Aug 15 2011, 12:22 AM)
Checked wif KR SA, u muz apply M club membership by yourself (not automatic). Not sure if it is true, u can call their main office to find out more..... According to their website: "The Member will be issued an M Card for use in connection with the benefits and privileges under the M Clubâ„¢ Programme after the purchaser has executed the Sales & Purchase Agreement (SPA) and has paid no less than 20% of the purchase price of the Mah Sing Property"


Added on August 14, 2011, 11:28 pm

Price as of last Saturday (13 August 2011):

2-storey Semi-D = 1,745,800 (rebate 30k)
3-storey Semi-D = 1,898,800 (rebate 40k)

2SSD left last row and it is 40 x 89 (not 40 x 80), longer backyard.

The new 3 SSD has a space 4500 sqft (if not mistaken) vs. the current one wif 4118 sq ft wif a price diff of 2.1 vs 1.9 (about 200k diff). This is roughly RM500 per sqft for the additional space.......
*
actually, it's still very cheap.

alam sanctuary, a boutique development in seri kembangan, 5 mins from kinrara residence when the lestari perdana link road is opened is already selling its semi-d at rm1.25 mil. of course, waht alam sanctuary is lacking is it's w/o clubhouse.

kinrara residence has all the potential to hit above rm2 mil for its double-storey semi-d.

This post has been edited by Covillea: Aug 15 2011, 04:29 PM
mrhawk
post Aug 16 2011, 05:23 PM

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Dear all, has anyone signed the S&P for Semi D? was it because the AP permit is still not issued by local authoirty yet?
Lil Red Devil
post Aug 16 2011, 10:41 PM

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3SSL buyers, have Ur bank release Ur full loan amount yet?
cookies_cai
post Aug 16 2011, 11:08 PM

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QUOTE(Lil Red Devil @ Aug 16 2011, 10:41 PM)
3SSL buyers, have Ur bank release Ur full loan amount yet?
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Don't think the loan has been disbursed......
lupjoeq
post Aug 17 2011, 04:27 PM

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any nice packages u all get for the loan?

This post has been edited by lupjoeq: Aug 17 2011, 04:54 PM
devinz
post Aug 17 2011, 06:31 PM

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hi all,

interested in kinrara residence.

would like to know as of now, what is the unit (ie: DSL, Semi D???) still available and any idea of their indicative price like?

Thanks
Lil Red Devil
post Aug 18 2011, 07:02 PM

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QUOTE(Lil Red Devil @ Aug 16 2011, 10:41 PM)
3SSL buyers, have Ur bank release Ur full loan amount yet?
*
Apologies. Dun mean release of full amount. First drawdown I mean. Any1?
logen33
post Aug 18 2011, 10:01 PM

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QUOTE(cookies_cai @ Aug 14 2011, 11:22 PM)
Checked wif KR SA, u muz apply M club membership by yourself (not automatic). Not sure if it is true, u can call their main office to find out more..... According to their website: "The Member will be issued an M Card for use in connection with the benefits and privileges under the M Clubâ„¢ Programme after the purchaser has executed the Sales & Purchase Agreement (SPA) and has paid no less than 20% of the purchase price of the Mah Sing Property"


Added on August 14, 2011, 11:28 pm

Price as of last Saturday (13 August 2011):

2-storey Semi-D = 1,745,800 (rebate 30k)
3-storey Semi-D = 1,898,800 (rebate 40k)

2SSD left last row and it is 40 x 89 (not 40 x 80), longer backyard.

The new 3 SSD has a space 4500 sqft (if not mistaken) vs. the current one wif 4118 sq ft wif a price diff of 2.1 vs 1.9 (about 200k diff). This is roughly RM500 per sqft for the additional space.......
*
KR Latest phase: preview on coming Saturday!
79 Bungalow, indicative price start from RM3.3m.
66 Semi-D, indicative price start from RM2.4m.

This post has been edited by logen33: Aug 18 2011, 10:03 PM


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Covillea
post Aug 19 2011, 03:33 PM

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rm3.3 mil is still rm500k cheaper than bk's recent bungalow launch (starting lowest price).
logen33
post Aug 20 2011, 09:21 PM

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Have you booked one unit today?
Antzfield
post Aug 21 2011, 12:06 AM

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QUOTE(logen33 @ Aug 20 2011, 09:21 PM)
Have you booked one unit today?
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Well, this morning my wife and I attended the pre launch invitation by Mah Sing in Sunway Hotel. We really like the layout as well as the landscape of the last phase (Phase 4A). So, we decided to "upgrade" from our 2 Storey Semi-D which we booked earlier to the 3 Storey Semi-D. rclxm9.gif It costs us another extra RM500K.

Anyone booked?
cookies_cai
post Aug 21 2011, 12:30 AM

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QUOTE(Antzfield @ Aug 21 2011, 12:06 AM)
Well, this morning my wife and I attended the pre launch invitation by Mah Sing in Sunway Hotel. We really like the layout as well as the landscape of the last phase (Phase 4A). So, we decided to "upgrade" from our 2 Storey Semi-D which we booked earlier to the 3 Storey Semi-D.  rclxm9.gif  It costs us another extra RM500K.

Anyone booked?
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icon_rolleyes.gif yea , we booked one unit too! I think the 3ssd is going to sell out first..... Especially the ones priced cheaper....
SUSUFO-ET
post Aug 21 2011, 02:18 AM

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Great weekend sales by Mah Sing again, with the current stock market uncertainty plus economy turmoil, to my surprise that the sales of Ambrosia is quite encouraging. The sales figure clearly shows that customers are confidence with TMS to deliver a decent & secure living environment, product quality is another key concern factor. Credit to TMS rclxms.gif

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yoki
post Aug 21 2011, 09:22 AM

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For own stay ok la any price will do
1.9mil to 2.1 mil for investment leasehold investment
Really need to rethink
If recession hit.....to defend a 1.9mil prop vacant house can be hard....
5-6k per month repayment, judging by the material given
My gut feeling mah sing finishing and it's intention to add value to the development is limited


This post has been edited by yoki: Aug 21 2011, 09:24 AM
ace77
post Aug 21 2011, 11:05 AM

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QUOTE(yoki @ Aug 21 2011, 09:22 AM)
For own stay ok la any price will do
1.9mil to 2.1 mil for investment leasehold investment
Really need to rethink
If recession hit.....to defend a 1.9mil prop vacant house can be hard....
5-6k per month repayment, judging by the material given
My gut feeling mah sing finishing and it's intention to add value to the development is limited
*
Ur gut feeling might be way off thiis time.Ha...haa

yoki
post Aug 21 2011, 11:16 AM

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I seen the show house, club house, materials given on the mock units, at 1.9mil-2.1m
I have seen better ones....freehold some more....




SUSUFO-ET
post Aug 21 2011, 11:35 AM

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QUOTE(yoki @ Aug 21 2011, 09:22 AM)
For own stay ok la any price will do
1.9mil to 2.1 mil for investment leasehold investment
Really need to rethink
If recession hit.....to defend a 1.9mil prop vacant house can be hard....
5-6k per month repayment, judging by the material given
My gut feeling mah sing finishing and it's intention to add value to the development is limited
*
Dun agree,
Assuming
A : income 25K buy 2.2 mil SD for investment, installment 10K (30 yrs)
B : income 4K buy 300K condo for investment, installment 1.5K (30 yrs)

IF recession REALLY hit both A & B, wat is the different between both A & B to defend their's property (investment) in hand?
Both will be "mandi" gao gao at the same magnitude. brows.gif
The key issue is not how much you commit, but are you buying the RIGHT property (for investment)?
In mkt turmoil time, stock mkt analyst used to advise clients to keep blue chip counters b'coz the resistant to recession is stronger, the lost could be minimised. IMO, blue chip in real estate is landed property in prime area. cool2.gif

This post has been edited by UFO-ET: Aug 21 2011, 11:42 AM
jet2020
post Aug 21 2011, 11:56 AM

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QUOTE(UFO-ET @ Aug 21 2011, 11:35 AM)

Assuming
A : income 25K buy 2.2 mil SD for investment, installment 10K (30 yrs)
B : income 4K buy 300K condo for investment, installment 1.5K (30 yrs)

IF recession REALLY hit both A & B, wat is the different between both A & B to defend their's property (investment) in hand?
Both will be "mandi" gao gao at the same magnitude. brows.gif
The key issue is not how much you commit, but are you buying the RIGHT property (for investment)?
In mkt turmoil time, stock mkt analyst used to advise clients to keep blue chip counters b'coz the resistant to recession is stronger, the lost could be minimised. IMO, blue chip in real estate is landed property in prime area. cool2.gif
*
bro, tap your brain a bit by giving you a separate case C which is different permutation from case A

C : income 25k buy 7 units of 300K condo for investment, total instalment at 10K (30yrs)

Compared A vs C, which strategy is better?

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