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

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Immortal
post Oct 8 2011, 06:14 PM

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QUOTE(Karas Otoha @ Oct 8 2011, 05:53 PM)
I think is the small Surau. MS also build one at the end of Jalan DU 4/1 ... they say without speaker...
*
yeah, but it's outside the boundary. speaker or not no one can confirm.


Added on October 8, 2011, 6:20 pmLet me post up some pics that I took sometimes back, no more in the future coz the 'backdoor' was sealed.

2-Storey Mock-up for masterbedroom's bathroom
user posted image

bathroom 2
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another side of bathroom 2
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2.5-Storey living room
user posted image
user posted image
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2.5-storey masterbedroom & bathroom
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This post has been edited by Immortal: Oct 8 2011, 06:20 PM
Antzfield
post Oct 8 2011, 07:05 PM

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great photo taken by Immortal, although i don't know how you managed to "snake" in. Good work anyway!!

based on your observation of the workmanship, in particular the tiling in bathroom, wall or floor, what is the workmanship quality? any better than those in the showroom?

there is a mosque inside but without speaker? is it a surau or mosque? anyone can confirm?
Immortal
post Oct 8 2011, 07:25 PM

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QUOTE(Antzfield @ Oct 8 2011, 07:05 PM)
great photo taken by Immortal, although i don't know how you managed to "snake" in. Good work anyway!!

based on your observation of the workmanship, in particular the tiling in bathroom, wall or floor, what is the workmanship quality? any better than those in the showroom?

there is a mosque inside but without speaker? is it a surau or mosque? anyone can confirm?
*
Thanks Antz.

Overall the workmanship on tile finishes are ok, but I notice the grey tiles on shower area are not 100% even as you can see on first pic. maybe I'm expecting too much. the porcelain floor tile in living room for 2 & 2.5 storey are exactly the same model as 3-storey show house.

There is a land allocated for SURAU outside the boundary of kinrara residence, means it's outside the fence.

I was told some of the units of 2 & 2.5 storey are inspected by Conquas as well. (Source: my friend's company is the subcon)
Antzfield
post Oct 9 2011, 08:07 AM

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Immortal, thank you so much for the explanation.

Good to hear the workmanship is somewhat near the model house, as it is our hard earned money for each and every inch. Hope TMS delivers and all home owners are happy person. smile.gif

It is (SURAU) allocated outside the fence so I believe is better then. I am worry as there will be a mosque allocated / to be built near (about 10 houses away) my current house, so the value will be affected.
Karas Otoha
post Oct 9 2011, 02:05 PM

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Thanks Immortal, you manage to go inside and took so many great photos ya.. great work! Sounds good if 2 & 2.5 storey are inspected by Conquas as well. Hopefully your friend will take care my unit as well.. LOLS.. And I heard that there also got small mulitipurpose hall beside surau.. Hope really outside the fence... sad.gif TMS..please take note!!!
logen33
post Oct 9 2011, 02:15 PM

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NST Property Talk by Andrew Wong , Oct 7, 2011

INTERESTING times these. As property developers in the world's mightiest economies chart out plans to lower their property prices, ours think it imperative that theirs be raised.

Tan Sri Wan Azmi Wan Hamzah, majority shareholder of E&O Bhd, gave a memorable quote during an interview with another English daily that went something like this: "As we speak, financial and equity markets across the globe are looking mighty wobbly, holding out the promise for those with spare cash a rare opportunity to buy quality investments at near fire sale prices ..."
That's what investors expect today: Fire sale prices. And that's what Hong Kong's builders are providing.
Noticing an alarming 35 per cent drop in sale transactions to a point not seen since the beginning of the 2008 global financial crisis, billionaire Li Ka-Shing's development arm Cheung Kong recently launched a large residential project in Tseung Kwan O for 20 per cent below the market's expectations.
An analyst observed that this put the offer of a brand new home even lower than a completed unit for sale on the secondary market in the area which "is quite rare".

The reason for Cheung Kong's move was to counter the diminishing appetite of buyers by giving them something they couldn't resist. And the strategy is working ... even to the point where rival developers are being pressured into doing likewise due to fears of a worldwide recession that could hit Southeast Asia by next year.

Rather than hold onto the hope of fat profits, the developers there pragmatically seem to be willing to take haircuts now in order to have the cash with which to ride through the lean times.

China's builders too are thinking along the same line.
"Developers likely to cut prices 15 per cent" screamed a South China Morning Post headline mid last month, following government measures to cool the property markets of key Chinese cities, which resulted in sales falling by 12 to 13 per cent.

"Developers of China's residential properties are expected to adopt a pricecutting strategy to boost sales as cautious home seekers are reluctant to enter the market during what is usually the peak season," read the SCMP story.

…..


Will it happen in Malaysia's Developer like Mahsing???

This post has been edited by logen33: Oct 9 2011, 02:19 PM
SUSUFO-ET
post Oct 9 2011, 02:24 PM

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QUOTE(logen33 @ Oct 9 2011, 02:15 PM)
Headline: Hair today, gone tomorrow
NST Property Talk by Andrew Wong , Oct 7, 2011

INTERESTING times these. As property developers in the world's mightiest economies chart out plans to lower their property prices, ours think it imperative that theirs be raised.

Tan Sri Wan Azmi Wan Hamzah, majority shareholder of E&O Bhd, gave a memorable quote during an interview with another English daily that went something like this: "As we speak, financial and equity markets across the globe are looking mighty wobbly, holding out the promise for those with spare cash a rare opportunity to buy quality investments at near fire sale prices ..."
That's what investors expect today: Fire sale prices. And that's what Hong Kong's builders are providing.
Noticing an alarming 35 per cent drop in sale transactions to a point not seen since the beginning of the 2008 global financial crisis, billionaire Li Ka-Shing's development arm Cheung Kong recently launched a large residential project in Tseung Kwan O for 20 per cent below the market's expectations.
An analyst observed that this put the offer of a brand new home even lower than a completed unit for sale on the secondary market in the area which "is quite rare".

The reason for Cheung Kong's move was to counter the diminishing appetite of buyers by giving them something they couldn't resist. And the strategy is working ... even to the point where rival developers are being pressured into doing likewise due to fears of a worldwide recession that could hit Southeast Asia by next year.

Rather than hold onto the hope of fat profits, the developers there pragmatically seem to be willing to take haircuts now in order to have the cash with which to ride through the lean times.

China's builders too are thinking along the same line.
"Developers likely to cut prices 15 per cent" screamed a South China Morning Post headline mid last month, following government measures to cool the property markets of key Chinese cities, which resulted in sales falling by 12 to 13 per cent.

"Developers of China's residential properties are expected to adopt a pricecutting strategy to boost sales as cautious home seekers are reluctant to enter the market during what is usually the peak season," read the SCMP story.

…..
Will it happen in Malaysia's Developer like Mahsing???
*
Post this article to appropriate thread
http://forum.lowyat.net/topic/1935875/+1920#entry45881469

Wat will happen? Developer close shop lor whistling.gif

This post has been edited by UFO-ET: Oct 9 2011, 02:25 PM
Covillea
post Oct 10 2011, 01:58 PM

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hong kong & malaysia are not apple-to-apple comparison.

malaysia is still laggard in terms of price/psf.

there can be a correction but house prices unlikely to come down in the long run. do you know of any landbanks in Malaysia is lower than the price 10 - 15 years ago although we've gone through a few cycles of crisis?
ckwong111
post Oct 11 2011, 08:49 PM

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Anyone there liaising with CIMB bank?

There's this lady who contacted me to apply for loan but I lost her contact...
Antzfield
post Oct 11 2011, 09:03 PM

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why CIMB? any specific reason? the lady chun ka? tongue.gif

you may want to try HSBC as I rec the best rate so far. (p/s. i have no connection with any banks whatsoever, just to share my offers rec so far)
ckwong111
post Oct 12 2011, 12:05 AM

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QUOTE(Antzfield @ Oct 11 2011, 09:03 PM)
why CIMB? any specific reason? the lady chun ka? tongue.gif

you may want to try HSBC as I rec the best rate so far. (p/s. i have no connection with any banks whatsoever, just to share my offers rec so far)
*
No lar, pity her lor, actually I dun remember her face...I was talking to the lawyer when she waited patiently for me to finish...

After that, I think she went to the loo or something and I cannot see her around so I chow lor...

Later, dunno how (must be from the SA kuar), she call me up last week and I promise her I submit...but somehow I overwrite her number tongue.gif

Talking about cun chicks, I submit to this lady called Gillian from HSBC....no response yet hmm.gif

But I like the PB lady, Abigal (I think) brows.gif

So why you said HSBC the best? Share share lar...so I know how to best evaluate...

not by measurement of 36-26-34 biggrin.gif

Just joking member ladies of the forum sweat.gif no offense intended...
Covillea
post Oct 12 2011, 10:12 AM

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there is dibs program between mah sing & cimb/maybank.

interest-free mah, why hsbc?
Antzfield
post Oct 12 2011, 12:13 PM

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I do have the indicated rate from banks, i can pm you if you want it for reference only. I am not too sure if everyone will be having the same rate, but for reference, ok la.

my phase do entitle dibs from HSBC, perhaps need to double confirm with TMS which banks.

vevex
post Oct 12 2011, 01:41 PM

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QUOTE(Antzfield @ Oct 12 2011, 12:13 PM)
I do have the indicated rate from banks, i can pm you if you want it for reference only. I am not too sure if everyone will be having the same rate, but for reference, ok la.

my phase do entitle dibs from HSBC, perhaps need to double confirm with TMS which banks.
*
I learn from earlier posts in this forum. Semi-Ds and Bangalow is having DIBS. The link houses (2sty,2.5sty,3sty) all don't have.
DIBS means during construction bank interest is beared by developer. To bank, the loan is still the same in terms of collection - instead of collecting interest from buyer, they collect from developer. All MS panel bank in Kinrara Residence is entitled.
Covillea
post Oct 12 2011, 03:05 PM

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please confirm if all panel banks entitled as was told citibank was not in.

only cimb & maybank.

not sure about hsbc.
Karas Otoha
post Oct 12 2011, 05:54 PM

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QUOTE(Covillea @ Oct 12 2011, 10:12 AM)
there is dibs program between mah sing & cimb/maybank.

interest-free mah, why hsbc?
*
What interest free as you mentioned here? I'm applying from Maybank...
Covillea
post Oct 12 2011, 06:30 PM

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dibs - i.e. interests borne by developer during construction period
Antzfield
post Oct 12 2011, 07:05 PM

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I am not too sure about link houses (ie 2sty, 2.5sty, 3sty), but there are dibs for Semi-Ds and Bungalow. Can anyone confirm if there is dibs for link houses?

MBB, CIMB (not for Ambrosia), HSBC also part of panel and thus entitle for dibs too.

Please do check on the Letter of Offer from bank as different banks offering different lock in period, 1st 3 years separate interest rates, additional charges etc
liang7524
post Oct 12 2011, 08:35 PM

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Guys, I am semi-d buyer, these are a few doubts I am having in mind now, please advise:

1. when is the actual date of signing S&P for SemiDs buyers? I was told the S&P is ready to sign this late June when we booked in early April, but after that they postponed to late Oct, saying they are having some obstacles with the land office. but to date, no news from them whatsoever.

2. As we know, the semi ds come with strata title. According to Housing Development(Control and Licensing)Regulations 1989 Regulation 11, the time for handing over of vacant possession is 36 months from the date of the S&P agreement(Schedule H). Thus, time start running from the date we sign S&P, not the date the booking fee was paid. Meaning the later we sign S&P, the more they can delay the project. Any thoughts on this guys?

3. Is it true that if we know change our mind the 50k booking fees will be fully refunded with 1k forfeiture?

4. I saw the white paint on all the show houses(except the newly built bungalows) is gradually fading away, and it's only been 6-8 months from the completion date. any idea what paint did they use and why are they not repainting at least the front porch to avoid putting off future purchasers?

5. Now the routes to KL from kinrara 6 are already very jammed in the morning.(one from Sirim shortcut and the other one through the tunnel to bukitjalil-puchong highway). Imagine all the houses in kinrara residence and Qaseh are fully occupied, how will be the traffic be? Any news about solutions to this problem?

6. anyone can give me mahsing email address which is still in use and responsive? I need an official reply from them thanks!

Thanks a lot guys for your kind opinion. (:

This post has been edited by liang7524: Oct 12 2011, 08:37 PM
noswear
post Oct 12 2011, 08:37 PM

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QUOTE(ckwong111 @ Oct 12 2011, 12:05 AM)
No lar, pity her lor, actually I dun remember her face...I was talking to the lawyer when she waited patiently for me to finish...

After that, I think she went to the loo or something and I cannot see her around so I chow lor...

Later, dunno how (must be from the SA kuar), she call me up last week and I promise her I submit...but somehow I overwrite her number  tongue.gif

Talking about cun chicks, I submit to this lady called Gillian from HSBC....no response yet  hmm.gif

But I like the PB lady, Abigal (I think) brows.gif

So why you said HSBC the best? Share share lar...so I know how to best evaluate...

not by measurement of 36-26-34  biggrin.gif

Just joking member ladies of the forum  sweat.gif no offense intended...



*
ahaha body good but look not ok? Still sapu? lol

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