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

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Martinis
post Jul 4 2013, 11:13 AM

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QUOTE(siewkum @ Jul 3 2013, 08:00 PM)
Come to think of it, don't feel like selling.

Kinrara residence is a prime luxury location second to golf course living at bukit jalil.  For those people who cannot afford bukit jalil, this township has a very relax, by the nature club house concept that is very unique.

With KIDEX & SKIP and Jalil City coming up, it wont go much wrong to stay put.  Just rent out cheap cheap to subsidize interest will probably enjoy 4 fold of capital gain over interest cost in the next 5 years.

It seems also places like Cyberjaya, puchong south, southville are all mushrooming.  KINRARA RESIDENCE CANNOT BE A WRONG CHOICE TO WAIT!!!

One more panic selling means one more residence staying and one less competition in supply.  Good news!
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Can you please explain what you mean by "4 fold capital gain"?

If 3 storey is rm1.2mil now, how much do you expect market price in 5 years time?

TQ
cmsiow
post Jul 4 2013, 12:03 PM

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QUOTE(pobox @ Jul 4 2013, 10:45 AM)
You bought the Mahajaya version or the Mah Sing version?
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hi, I bought a Mah Sing type.
mike777
post Jul 4 2013, 12:38 PM

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QUOTE(cmsiow @ Jul 4 2013, 12:03 PM)
hi, I bought a Mah Sing type.
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Do you choose the junction unit?
mike777
post Jul 4 2013, 01:37 PM

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QUOTE(cmsiow @ Jul 4 2013, 12:03 PM)
hi, I bought a Mah Sing type.
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sorry sorry I mean do you buy from subsale?
cmsiow
post Jul 4 2013, 03:41 PM

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QUOTE(mike777 @ Jul 4 2013, 01:37 PM)
sorry sorry I mean do you buy from subsale?
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Yes from subsales, not junction unit. anything that face the junction(Intermediate), you should try to get as low as possible. Because it is extremely difficult to resell.
Antzfield
post Jul 4 2013, 04:00 PM

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wow! seems like the price is going up for KR smile.gif

slowly but steadly. No wonder MS up their price in the remaining units
pobox
post Jul 4 2013, 04:01 PM

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QUOTE(cmsiow @ Jul 4 2013, 03:41 PM)
Yes from subsales, not junction unit. anything that face the junction(Intermediate), you should try to get as low as possible. Because it is extremely difficult to resell.
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There are rumors that agents are very reluctant to help owner to sell property bellow "market" price. How do you get this?
cmsiow
post Jul 4 2013, 04:17 PM

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QUOTE(pobox @ Jul 4 2013, 04:01 PM)
There are rumors that agents are very reluctant to help owner to sell property bellow "market" price. How do you get this?
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Not true. The problem is that not all agents have units in hand, they just simply put some prices in website like iproperty. You will notice that some "agents" will just post a lot of posts in iproperty but they do not have any units in hand. Just look around. :-) Better go to KR to find the location you want and call the number on the banner.
Kinraraboy
post Jul 4 2013, 05:00 PM

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I own a unit facing south (not junction unit) selling for RM 1.2 M. PM me if you are interested.

This post has been edited by Kinraraboy: Jul 4 2013, 10:50 PM
eddiekarlwong
post Jul 4 2013, 06:18 PM

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i have many unit in hand do let me know which unit you need
siewkum
post Jul 4 2013, 06:49 PM

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QUOTE(Martinis @ Jul 4 2013, 12:13 PM)
Can you please explain what you mean by "4 fold capital gain"?

If 3 storey is rm1.2mil now, how much do you expect market price in 5 years time?

TQ
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Oh... I mean 4 times based on the interest cost you service.

E.g. if you borrow RM800k, you interest cost p.a. @ 4.4% is RM35,200. If you rent out at RM2,000 / mth, your interest subsidy is RM24,000, hence your net interest cost is RM11,200 p.a.

Assuming at 2013, the market value is RM1.25m and grow at conservatively 4% p.a., your expected valuation is RM1.4m by 2016. The difference would be RM150k. In 2016 your interest costs is around RM33,600. Include time value of money and occasional lost of rental income, to bet on RM150,000 based on RM33,600 is around 4 times/fold as compared between selling now and three years later, plus/minus.
allwerp
post Jul 5 2013, 11:09 AM

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Are you guys going to install grilles for your 3 storey superlink? I just noticed yesterday that the windows are not really suitable to install grilles because of the window frames..but if no grilles no peace of mind pulak @_@
MsPopcorn
post Jul 5 2013, 12:03 PM

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QUOTE(allwerp @ Jul 5 2013, 11:09 AM)
Are you guys going to install grilles for your 3 storey superlink? I just noticed yesterday that the windows are not really suitable to install grilles because of the window frames..but if no grilles no peace of mind pulak @_@
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but no choice..although its 'GnG'.. few units are rented to outsiders.. sweat.gif
Covillea
post Jul 8 2013, 06:17 PM

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Kinrara Residence Purchaser-Forumer:

Bungalow:
1) Covillea

Semi-D Three-Storey:
1) Antzfield
2) cookies_cai
3) Footyking
4) samuelazz
5) Mymelody88

Semi-D Double-Storey:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy
8) mrhawk
9) LoveKR
10) 5 Jalan DU 5/3D - selling at RM1.85 mil (can contact any key Puchong-based real estate agents for negotiation).
11) jeehuei
12) NLK - My KR Palmiera 2Storey SemiD for Sales, Facing SouthEast House No.8. PM me if interested.

Link Three-Storey:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp
5) MILAN88
6) lupjoeq
7) FlyingJoy
8) ckwong111
9) ms999
10) vevex
11) luvimp
12) WaiLeon
13) rengawan747

Link Two-and-a-Half-Storey:
1) krgia10
2) Immortal
3) Karas Otoha
4) cloner
5) jintakahashi

Link Double-Storey:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit
5) LoveKR
6) cmsiow

Calling all KR purchasers to check-in as liang7524 has established an informal group (outside the forum) called Kinrara Residence United (for Link/Terrace owners) & KRU (for Bungalow & Semi-D owners). A Facebook Closed Group to this effect has also been created. Objective is to to safeguard each other's interests prior to VP & also to work closely with Mah Sing/TMS to promote KR to the next level.

Note:
Bungalow & Semi-D are under JMB.
Link/Terrace is under RA.

This post has been edited by Covillea: Jul 15 2013, 12:15 PM
cmsiow
post Jul 8 2013, 09:32 PM

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QUOTE(Covillea @ Jul 8 2013, 06:17 PM)
Kinrara Residence Purchaser-Forumer:

Bungalow:
1) Covillea

Semi-D Three-Storey:
1) Antzfield
2) cookies_cai
3) Footyking
4) samuelazz
5) Mymelody88

Semi-D Double-Storey:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy
8) mrhawk (Lot #636)
9) LoveKR
10) 5 Jalan DU 5/3D - selling at RM1.85 mil (can contact any key Puchong-based real estate agents for negotiation).
11) jeehuei
12) NLK - My KR Palmiera 2Storey SemiD for Sales, Facing SouthEast House No.8. PM me if interested.

Link Three-Storey:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp
5) MILAN88
6) lupjoeq
7) FlyingJoy
8) ckwong111
9) ms999
10) vevex
11) luvimp
12) WaiLeon

Link Two-and-a-Half-Storey:
1) krgia10
2) Immortal
3) Karas Otoha
4) cloner
5) jintakahashi

Link Double-Storey:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit
5) LoveKR
6) cmsiow

Calling all KR purchasers to check-in as liang7524 has established an informal group (outside the forum) called Kinrara Residence United (for Link/Terrace owners) & KRU (for Bungalow & Semi-D owners). A Facebook Closed Group to this effect has also been created. Objective is to to safeguard each other's interests prior to VP & also to work closely with Mah Sing/TMS to promote KR to the next level.

Note:
Bungalow & Semi-D are under JMB.
Link/Terrace is under RA.
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Thanks for adding. It will still take a few months to complete the transfer.

QW$$
post Jul 8 2013, 10:49 PM

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QUOTE(cmsiow @ Jul 8 2013, 09:32 PM)
Thanks for adding. It will still take a few months to complete the transfer.
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Welcome..... great decision ya

mrkenjiro
post Jul 12 2013, 12:01 PM

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Can I know what is cover under developer's warranty?
rengawan747
post Jul 14 2013, 09:40 AM

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QUOTE(Covillea @ Jul 8 2013, 06:17 PM)
Kinrara Residence Purchaser-Forumer:



Calling all KR purchasers to check-in as liang7524 has established an informal group (outside the forum) called Kinrara Residence United (for Link/Terrace owners) & KRU (for Bungalow & Semi-D owners). A Facebook Closed Group to this effect has also been created. Objective is to to safeguard each other's interests prior to VP & also to work closely with Mah Sing/TMS to promote KR to the next level.


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Hello all. I'm new to this forum. I have a unit at DU4/9, imtermediate 3 storey link.
QW$$
post Jul 14 2013, 03:48 PM

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QUOTE(rengawan747 @ Jul 14 2013, 09:40 AM)
Hello all. I'm new to this forum. I have a unit at DU4/9, imtermediate 3 storey link.
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Welcome... you planning to stay or sell..rent..etc ?
zen904
post Jul 14 2013, 05:03 PM

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Hi,anyone know the paint code of kinrara residence 2 storey link?
The car porch wall colour and living room wall colour.

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