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

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hakon
post Sep 30 2010, 09:19 AM

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by the way, ufo-et... the current 3-storey units in kin res going for around rm980k... no longer rm888k...

paragon heights? i like... only thing is the ceiling height of the unit very low...
mrkenjiro
post Sep 30 2010, 09:29 AM

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Sorry to hijack this thread a bit but any existing owner for the 2 storeys that received the letter for the new S&P from Mah Sing?
brainworker
post Sep 30 2010, 10:06 AM

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@mrkenjiro - Heard from fren RM50K for 2.5 storey, how about yours?
prody
post Sep 30 2010, 10:14 AM

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QUOTE(hakon @ Sep 30 2010, 09:19 AM)
by the way, ufo-et... the current 3-storey units in kin res going for around rm980k... no longer rm888k...

paragon heights? i like... only thing is the ceiling height of the unit very low...
*
980k wow blink.gif

You consider 11 ft very low?


yoki
post Sep 30 2010, 10:19 AM

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this MS really never fail to just increase price one
someone got stop buying from them
at RM1million, choice are a plenty
wwwcomment
post Sep 30 2010, 10:22 AM

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QUOTE(UFO-ET @ Sep 30 2010, 01:09 AM)
I totally agree, in Bandar Kinrara, we can see clearly that landed properties are zoned in 2 categories, old design[COLOR=red] with pitch roofing and 10ft ceiling, less landscaping (road curb or imprint pavement, jogging track, gazebo etc), new design[COLOR=blue] with flt roofing, 11ft ceiling height, 2'x2' flooring and timber flooring etc, it is fair that it appears some degree of price differences (+10%).

If new design Hening and Permai can fetch at RM360/sf, then old design link house would have relatively RM330/sf, Adora with special size of 34'x80' is definirely worth at least RM350/sf now, thus 1.06 mil is quite reasonable now. 988K is 7% below market value now I am very confident. thumbup.gif
*
All this comparison is based on some baseline...
what if the baseline is already too high a price?
so are they still reasonable?
brainworker
post Sep 30 2010, 10:24 AM

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so call upgrade package...Attached File  MS.pdf ( 647.82k ) Number of downloads: 672


thumbup.gif
prody
post Sep 30 2010, 10:31 AM

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QUOTE(brainworker @ Sep 30 2010, 10:24 AM)
so call  upgrade package...Attached File  MS.pdf ( 647.82k ) Number of downloads: 672


thumbup.gif
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They offer to upgrade to a functional and practical layout. So, the original layout is not functional and practical?
intostyle
post Sep 30 2010, 11:05 AM

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QUOTE(mrkenjiro @ Sep 30 2010, 09:29 AM)
Sorry to hijack this thread a bit but any existing owner for the 2 storeys that received the letter for the new S&P from Mah Sing?
*
Im also waiting for new S&P. Luckily still not pay S&P disbursement under Mahajaya. New purchaser under Mah Sing get free S&P rite?
mrkenjiro
post Sep 30 2010, 11:15 AM

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QUOTE(brainworker @ Sep 30 2010, 10:06 AM)
@mrkenjiro - Heard from fren RM50K for 2.5 storey, how about yours?
*
28K for 2 storeys
I went through the S&P we signed with Mahajaya and think we have a case here.
For each additional sq feet extra, we need to pay RM35 but limited to 2% from the original size. As for other deviation or variation differences, it is subject to Purchasers (us) to approve. I am little p*ssed off with the way MH is handling this as it was communicated verbally by the lawyer that there will be no increase in price.
Also, it is mentioned in the S&P that these variations must be itemised and each item must be followed by the exact cost.
SUSUFO-ET
post Sep 30 2010, 02:24 PM

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QUOTE(yoki @ Sep 30 2010, 10:19 AM)
this MS really never fail to just increase price one
someone got stop buying from them
at RM1million, choice are a plenty
*
yoki, let the free market to decide it, only those who deliver quality product will survive, as a genuine buyer. we should do a few things :-

1) safe investment - buy fr prominence developer
The Edge has given a very good guideline for us to select a good developer, since 2003, they has elected so called Top Developer's Award based on quantitative and Qualitative attributes, as at today, I would say this is the most comprehensive, fair and unbiased assessment to determined the actual worth and intrinsic value of a particular company (developer) in Malaysia, I name a few I highly recommend Sunrise Berhad (Ranked 9th), SP Setia (Ranked 2nd), IJM Land Berhad (Ranked 12th), Mah Sing Group (Ranked 16th), Perdana Parkcity Berhad (no ranking), UOA Group, Tan & Tan Development Berhad (IGB) (Ranked 4th), Malton Berhad (Ranked 26th), Low Keng Huat rclxms.gif

2) Understand your own needs
My preferences are 1st) Developer 2nd) Concept 3rd) Location 4th) Security 5th) Layout 6th) Ceiling height at least 11ft 7th) building quality 8th) Freehold 9th) 50ft wide road (density) 10th) High land at least 180ft above sea level (avoid flood) 11th) Price 12th) future appreciation etc

3) I believe "Expensive things not always good, but cheap things sure got problem"
Real Estate is very basic & fundamental, developer is a businessman, making profit is their mission, if they sell you cheap, do you think they give you quality accessories?
If you come across a condo development that the developer promise maintenance fees RM0.10/sf only, my advise is better dun buy...to manage a condo is not easy, cheap end up less maintenance, no refurbishment..


-Paragon Issue by prody-
Paragon Heights offers gated and guarded community, big house, the biggest problem is the access, but if Ho Hup is successfully develop the 60 acres Jalil City (bigger than the entire Mid Valley City), and the interchange is built according to their master plan (infront Sirim), which I am very very confident (only if Ho Hup JV with other prominent developer), then Paragon, Kinrara and Kinrara Residence is going to be great! thumbup.gif
Paragon 3388sf 3-storey - 880K is RM260/sf - is just fair, why? the access is too terrible, the only hope is the Jalil City, then RM350/sf is reachable.


-Baseline issue by wwwcomment-
Major cities in Asia couldn't have something like in KL where the Apartment/Condo per sf price is higher than the landed property, I would say some of the high rise apartment are too high, but 98% of our landed properties are too cheap! Just for sharing drool.gif
brainworker
post Sep 30 2010, 03:43 PM

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QUOTE(intostyle @ Sep 30 2010, 11:05 AM)
Im also waiting for new S&P. Luckily still not pay S&P disbursement under Mahajaya. New purchaser under Mah Sing get free S&P rite?
*
As per the letter, all borne by TMS.

QUOTE(mrkenjiro @ Sep 30 2010, 11:15 AM)
28K for 2 storeys
I went through the S&P we signed with Mahajaya and think we have a case here.
For each additional sq feet extra, we need to pay RM35 but limited to 2% from the original size. As for other deviation or variation differences, it is subject to Purchasers (us) to approve. I am little p*ssed off with the way MH is handling this as it was communicated verbally by the lawyer that there will be no increase in price.
Also, it is mentioned in the S&P that these variations must be itemised and each item must be followed by the exact cost.
*
They are trying their luck on making more $$$, but they are yet to aware that the power of consumer, let's wait and see. HBA I am coming !!
mrkenjiro
post Sep 30 2010, 04:06 PM

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QUOTE(brainworker @ Sep 30 2010, 03:43 PM)
As per the letter, all borne by TMS.
They are trying their luck on making more $$$, but they are yet to aware that the power of consumer, let's wait and see. HBA I am coming !!
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As you owner too or?
yoki
post Sep 30 2010, 04:29 PM

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mrkenjiro..u bought K-Residence from MS or the earlier developer?
2 or 3 storey?

so 2 storey = orignal price + RM28k
and 3 storey = orignal price + RM50k

what is the first launch price?


mrkenjiro
post Sep 30 2010, 05:03 PM

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QUOTE(yoki @ Sep 30 2010, 04:29 PM)
mrkenjiro..u bought K-Residence from MS or the earlier developer?
2 or 3 storey?

so 2 storey = orignal price + RM28k
and 3 storey = orignal price + RM50k

what is the first launch price?
*
Hi Yoki, I bought from earlier developer at 500k for 2 storeys.
yoki
post Sep 30 2010, 05:12 PM

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icic...mrkenjiro
congrats on ur purchase and paper gain biggrin.gif
mrkenjiro
post Sep 30 2010, 05:15 PM

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You said it, it's paper gain...
TSaccetera
post Sep 30 2010, 06:15 PM

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to me paper gain means no gain yet haha... sorry for being sarcastic LOL
mrkenjiro
post Sep 30 2010, 06:29 PM

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QUOTE(accetera @ Sep 30 2010, 06:15 PM)
to me paper gain means no gain yet haha... sorry for being sarcastic LOL
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That's exactly what I meant...
pcteck19
post Sep 30 2010, 08:27 PM

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QUOTE(brainworker @ Sep 30 2010, 10:24 AM)
so callĀ  upgrade package...Attached File  MS.pdf ( 647.82k ) Number of downloads: 672


thumbup.gif
*
brainworker, i cant download the pdf file.
i received the letter, but i'm in oversea now, so i cant see what's the content of this letter. d.a.m.n

i'm the owner of double storey too, which bought from majahaya. now really unhappy need to pay extra 28k


Added on September 30, 2010, 8:40 pm
QUOTE(mrkenjiro @ Sep 30 2010, 11:15 AM)
28K for 2 storeys
I went through the S&P we signed with Mahajaya and think we have a case here.
For each additional sq feet extra, we need to pay RM35 but limited to 2% from the original size. As for other deviation or variation differences, it is subject to Purchasers (us) to approve. I am little p*ssed off with the way MH is handling this as it was communicated verbally by the lawyer that there will be no increase in price.
Also, it is mentioned in the S&P that these variations must be itemised and each item must be followed by the exact cost.
*
extra sq feet also didn't cost so much to 28K

my example (double storey)
mahajaya design = 2280.73 sq ft http://www.mahajaya.com/v23/TDU/TDUMain.as...xora&QpjTy=2SLH
mah sing design = 2488 sq ft http://www.mahsing.com.my/index.php?option...ils&id=27&tab=2

extra 207.27 sq ft

207.27 x RM35 = RM7254.45

what the h*ll they charge with another RM21k ????

This post has been edited by pcteck19: Sep 30 2010, 08:41 PM

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