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

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brainworker
post Aug 3 2010, 04:08 PM

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I&P only guarded, not gated.
Leasehold is the one make me worry, but if own stay, not an issue.
eugene jk
post Aug 3 2010, 05:05 PM

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QUOTE(brainworker @ Aug 3 2010, 04:08 PM)
I&P only guarded, not gated.
Leasehold is the one make me worry, but if own stay, not an issue.
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But i guess if selling off in next 10 years, LH still ok...
brainworker
post Aug 3 2010, 05:30 PM

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With the price tag of RM600K, what you all think of the possibility of this property value to appreciate to once completed?
TSaccetera
post Aug 3 2010, 06:07 PM

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to a million plus... landed property is scarce... wat more is a gated one.... backed by de so-called Mah Sing brand... hahaha


airline
post Aug 3 2010, 06:08 PM

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better buy bk9 or older kinrara freehold. value for money
brainworker
post Aug 3 2010, 06:58 PM

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QUOTE(accetera @ Aug 3 2010, 06:07 PM)
to a million plus... landed property is scarce... wat more is a gated one.... backed by de so-called Mah Sing brand... hahaha
*
Wow... let's register to become a millionaire.
cranx
post Aug 3 2010, 07:59 PM

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QUOTE(eugene jk @ Aug 2 2010, 11:47 PM)
Thats y its not for average earners ...

Looking at the pricing and trend, I think nowadays average earners only have the options of either live in the sky, or look for subsale landed, or live in outskirt...    shakehead.gif
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and malaysian economy is doing so well, producing such huge amount of above average/extremely well off people. laugh.gif
brainworker
post Aug 3 2010, 08:48 PM

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willing seller willing buyer ma.
Look at I&P, all phases sell like hot cakes. Latest launch with RM700k++, sapu within hours. Don't even have a chance be invited for the launch. Sad...
rescuedual
post Aug 3 2010, 09:34 PM

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So it's worth it for investment wise or own stay......older I&P houses looked dull & outdated.......

Price appreciation would expect to be better on this project althought it's LH.
adri4n
post Aug 3 2010, 11:12 PM

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DU property ok .. but when u go chck out the finishing .. really shitty..no offense to owners but u see the finishing oso like tongue.gif
TSaccetera
post Aug 3 2010, 11:21 PM

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can we expect another iconic design/concept for these landed properties from Mah SIng??
eugene jk
post Aug 3 2010, 11:22 PM

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QUOTE(cranx @ Aug 3 2010, 07:59 PM)
and malaysian economy is doing so well, producing such huge amount of above average/extremely well off people. laugh.gif
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why not... in my circle of frens, already half of them already earning 5 figures per month and we r all below 30.. mostly taukes..

cwtien
post Aug 3 2010, 11:25 PM

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I agree, finishing's crap. My wife got rid of hers a while ago.

However, those people that buy the houses to live in do not buy because of crap finishing - but because of the big build-up (24x70...I think).

Crap finishing can be fixed, but land area is fixed. As long as they can spend 50-100k on renovations I think the subsale will still be good.

Last I heard it was transacting at 420+ k...
TSaccetera
post Aug 3 2010, 11:26 PM

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QUOTE(eugene jk @ Aug 3 2010, 11:22 PM)
why not... in my circle of frens, already half of them already earning 5 figures per month and we r all below 30.. mostly taukes..
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i'm 22/23 and i'm ared into property ...HAHAHAhahaha

This post has been edited by accetera: Aug 3 2010, 11:26 PM
MFLooi
post Aug 4 2010, 12:16 AM

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This could impact your area of interest.


On brink of demolition, Bkt Jalil residents ready for battle
TUE, 03 AUG 2010 18:06
By B Nantha Kumar

KUALA LUMPUR: Come tomorrow, bulldozers are expected to rumble into the Bukit Jalil estate to tear down the houses there. But the residents will not back down and are gearing up for battle.

In their words, some 41 families are prepared to take “all possible action” to thwart the Kuala Lumpur City Hall (DBKL) from bringing their roofs down.

Even the possibility of facing the wrath of the police's baton-charging Federal Reserve Unit (FRU) will not deter them from the standing their ground.

The final eviction order to the residents, dated July 20, ends at midnight.

“We are ready for the worst case scenario,” a resident, who declined to be named, told FMT. “This is going to be Barisan Nasional's version of Kampung Buah Pala.”

“Obviously before demolishing the houses, they will bring in the FRU and we are prepared for that as well," he added.

It is learnt that opposition party leaders and NGO representatives have also vowed to fight alongside the residents to protect their houses.

However, the resident said they will not be bearing weapons, but will instead arm themselves with banners and posters.

"We will also bring in backhoes to block the demolition. This is our home. There is no way anyone is going to demolish our houses without an alternate solution to this problem," he added.

There are also plans to disconnect the power supply because they fear “a sudden power surge” which can raze their houses.

“We have seen this happen before. Mysterious fires at squatters. We do not want a similar incident here. We will disconnect power from tonight,” said the resident.

'We are not squatters'

On June 8, the residents received a letter from DBKL stating that the city council will postpone the demolition.

It also stated that DBKL received orders from Federal Territories and Urban Well-being Deputy Minister M Saravanan that the next course of action will only be taken after a discussion between his ministry and the Human Resources Ministry.

Despite this, the residents were slapped with the final evacuation notice.

At a meeting with the residents yesterday, DBKL's deputy director (services) Amin Nordin Abdul Azai stood firm on the decision to evict the former Bukit Jalil estate workers, despite their appeal to postpone the deadline.

The residents were warned that demolition works can be carried out at any time after the deadline expires.

Contacted later, resident and Human Rights Party member K Balakrishnan said the contradictory letters from DBKL showed that the council is not willing to keep its word.

“Now, we have to move out by tomorrow. If we don't, it will not stop DBKL from demolishing our houses. But what about the promise made to us in the June 8 letter?” he asked.

"We are told that this land will be turned into a cemetary but we found out that the land has been sold to a prominent personality, who once served as a minister," he said.

Balakrishnan said that former estate workers should not be termed as squatters.

"We are not squatters. Squatters are illegal as they build houses on private or government land, but we were given houses built by a company with the full knowledge of the government,” he added.

Bukit Jalil is the last remaining estate in the capital. Parts of it were also taken over by the government for the Bukit Jalil sports complext project in 1998.
kee1
post Aug 4 2010, 10:51 AM

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crazy

so what now

imagine if they were to launch 22x75 DST in Bandar Utama, the price tag 1.2 million

Crazy

lots of poor people who will not be able to own freehold landed property in prime areas, but take heart, there's still Rawang, Sg Buloh, Kundang, Seremban, Kajang, Bangi and if you wait a little longer, you might only able to afford Tg Malim, ipoh, Melaka etc.....

but lots of lucky rich fellas who buy and buy and sell and sell with RM 100-200K profits margin. The rich getting richer, money makes money
brainworker
post Aug 4 2010, 11:09 AM

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That's was my perception few years ago, RM400K for a DSL in Bandar Kinrara was expensive ! Wait for bubble burst, not happen and now pocket burst as going for the same size of build up easily cost RM200K more.

Children is growing up, pity them to stay in the tiny condo with such a limited moving space, RM600K also have to go this round, not going to repeat the same again.
airline
post Aug 4 2010, 11:15 AM

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haha. [B]pocket burst[cool.gif

This post has been edited by airline: Aug 4 2010, 11:15 AM
TSaccetera
post Aug 4 2010, 11:18 AM

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dey say BUY now before its too late....... frankly ppl will grab any DSL these days as long as it is not too far away...

This post has been edited by accetera: Aug 4 2010, 11:19 AM
eugene jk
post Aug 4 2010, 11:37 AM

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QUOTE(brainworker @ Aug 4 2010, 11:09 AM)
That's was my perception few years ago, RM400K for a DSL in Bandar Kinrara was expensive ! Wait for bubble burst, not happen and now pocket burst as going for the same size of build up easily cost RM200K more.

Children is growing up, pity them to stay in the tiny condo with such a limited moving space, RM600K also have to go this round, not going to repeat the same again.
*
Condo maybe burst, not for landed.... as far as landed concern, still consider limited supply.. can see new launches nowadays are condos...

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