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

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mrkenjiro
post Jan 4 2011, 09:01 AM

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I did. 2 sty
noswear
post Jan 4 2011, 08:39 PM

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u bought the new superlink qaseh?

I am looking to buy house in BK....

but the 2 sty house in Desiran...asking price now 780K....

so crazy.....check with valuer...cant get those price....so how to take loan .....
yoki
post Jan 4 2011, 09:25 PM

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QUOTE(noswear @ Jan 4 2011, 08:39 PM)
u bought the new superlink qaseh?

I am looking to buy house in BK....

but the 2 sty house in Desiran...asking price now 780K....

so crazy.....check with valuer...cant get those price....so how to take loan .....
*
valuer can do what price?
airline
post Jan 4 2011, 11:46 PM

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buy BK 1,2,3,4,5
henning, bk9 or new one sure cant get value
SUSUFO-ET
post Jan 4 2011, 11:56 PM

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QUOTE(noswear @ Jan 4 2011, 08:39 PM)
u bought the new superlink qaseh?

I am looking to buy house in BK....

but the 2 sty house in Desiran...asking price now 780K....

so crazy.....check with valuer...cant get those price....so how to take loan .....
*
Our valuers all Zzzzzzz....., they are still sleeping unaware of what has happen in the mkt now, in prime areas like DPC, Hartamas, D Utama, Puteri, Ara D'sra etc, all those new houses are under valued, you will never get 90% loan in these areas, valuers data are all not up-to-date! 6mths-1 year old, how to justify? I hv come across so many valuers who have been giving "crazy" judgement on current mkt price, they are still applying the conventional comparison method which proved no longer relevant now, hopeless!! vmad.gif

DPC fr day one 450K (phase 1) until 1.65 mil, never had any right valuation fr those appraisers, if you believe in them, then you might miss the chance in investing the right property


Added on January 5, 2011, 12:15 amIn the eyes of the valuer, BK3, 4, 5 old houses shd fetch the same "per sf" value with Desiran, Melodi, Sentosa or Hening, Desiran is priced 800K up now, 2400sf in built-up, RM333/sf is still fair compared to BK9 (RM370/sf), Hening (RM360/sf), Qaseh (RM345/sf)

This post has been edited by UFO-ET: Jan 5 2011, 12:15 AM
yoki
post Jan 5 2011, 12:25 AM

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bro ufo u seems very bullish on bk
if the freehold land valuation also so low, but imagine leasehold kinrara residence can fetch subsequently
noswear
post Jan 5 2011, 09:00 AM

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wow UFO....

u staying / investor / agent in BK ah??? so gung-ho....


but for the valuer part...i must agree with you.....their data is outdated...

I remember that when i first bought my house in BK, 2 years back...they told bk price high, a lot vacant, a lot seller..bla bla bla....
but lucky i bought....

so now thought of wanted to upgrade to newer look house....ahahaha...better feel & design mah... brows.gif

"so did any of the members bought qaseh superlink"?? any unit left at developer office?
yoki
post Jan 5 2011, 09:20 AM

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heard many left overs for the latest I&P launch
want to buy anytime can buy
mrkenjiro
post Jan 5 2011, 09:25 AM

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QUOTE(noswear @ Jan 4 2011, 08:39 PM)
u bought the new superlink qaseh?

I am looking to buy house in BK....

but the 2 sty house in Desiran...asking price now 780K....

so crazy.....check with valuer...cant get those price....so how to take loan .....
*
No, I meant KR 2sty
AVFAN
post Jan 5 2011, 09:58 AM

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QUOTE(yoki @ Jan 5 2011, 09:20 AM)
heard many left overs for the latest I&P launch
want to buy anytime can buy
*
to my knowledge, the latest I&P BK ones at 950K were the first dsl houses in a long time to show fatigue in the sales, no more sold out on day1.
there must be others already or coming.
perhaps when we see more of them, we know the market has peaked.
that's when it gets interesting...? hmm.gif

SUSUFO-ET
post Jan 5 2011, 10:25 AM

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QUOTE(yoki @ Jan 5 2011, 12:25 AM)
bro ufo u seems very bullish on bk
if the freehold land valuation also so low, but imagine leasehold kinrara residence can fetch subsequently
*
No, m not die-hard fan for BK, there must hv right judgement for different area and different Taman, Kinrara new hse with new design (slightly modern facade, with better quality building materials like clay roof tiles) shd fetch 15%-20% higher than old hse, my fair judgement BK1, 2, 3, 4, 5, 6 old hse shd be RM280-RM300 / sf, and new hse like BK9, Hening, Melodi, Desiran, Sapphire, Emerald, Sentosa, MV shd be at RM330-RM350/sf max "Now"

In short, BK9 (Senja, Sinar, Spektra, Warna, Cahaya) Hening are overpricing (>350/sf), Qaseh RM950K for 2799sf = 340 / sf, I think it is just fine for own stay, investment, very very susahlah... thumbup.gif


Added on January 5, 2011, 10:48 am
QUOTE(yoki @ Jan 5 2011, 12:25 AM)
bro ufo u seems very bullish on bk
if the freehold land valuation also so low, but imagine leasehold kinrara residence can fetch subsequently
*
Yoki, I share my simple view, given Location is constant factor applied

House design same : F/H vs Leasehold - F/H 30% better
House design same : F/H gated vs Leasehold - F/H 60% better
House design same : F/H vs Leasehold gated - F/H 15% better
House design same : F/H vs Leasehold g+g+club hse concept- F/H 5% better
House design same : F/H vs Leasehold gated - F/H 15% better

Q'aseh Vs Kinrara Residence[cool.gif
Access (locality) : Q'aseh win
Quality : equal
Density : equal (both 50ft' road reserved)
Concept (club hse) : KR win
security : KR win
Layout : KR win
Facade : KR win

summary : KR (3-sty link) = RM275/sf, Q'aseh 24'x80' = RM340/sf

KR has clear advantage

This post has been edited by UFO-ET: Jan 5 2011, 10:48 AM
Covillea
post Jan 5 2011, 01:16 PM

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- without prejudice -

in terms of i&p's quality, i've reservation.

believe mah sing has better quality.

can't dispute kr has overall advantage.

- without prejudice -
naing
post Jan 5 2011, 01:28 PM

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QUOTE(UFO-ET @ Jan 5 2011, 10:25 AM)
House design same : F/H vs Leasehold - F/H 30% better
House design same : F/H gated vs Leasehold - F/H 60% better
House design same : F/H vs Leasehold gated - F/H 15% better
House design same : F/H vs Leasehold g+g+club hse concept- F/H 5% better
House design same : F/H vs Leasehold gated - F/H 15% better

*
According to your simple rule, G+G+club house concept is 30% more whether it is F/H or leasehold. Can I translate that way?
If so, is it really worth for us to pay 30% more for G+G+club house concept?
I am a newbie in property and just want to know how much really worth for G+G+club house concept...

This post has been edited by naing: Jan 5 2011, 01:32 PM
noswear
post Jan 5 2011, 03:12 PM

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QUOTE(UFO-ET @ Jan 5 2011, 10:25 AM)
No, m not die-hard fan for BK, there must hv right judgement for different area and different Taman, Kinrara new hse with new design (slightly modern facade, with better quality building materials like clay roof tiles) shd fetch 15%-20% higher than old hse, my fair judgement BK1, 2, 3, 4, 5, 6 old hse shd be RM280-RM300 / sf, and new hse like BK9, Hening, Melodi, Desiran, Sapphire, Emerald, Sentosa, MV shd be at RM330-RM350/sf  max "Now"

In short, BK9 (Senja, Sinar, Spektra, Warna, Cahaya) Hening are overpricing (>350/sf), Qaseh RM950K for 2799sf = 340 / sf, I think it is just fine for own stay, investment, very very susahlah... thumbup.gif


Added on January 5, 2011, 10:48 am

Yoki, I share my simple view, given Location is constant factor applied

House design same : F/H vs Leasehold - F/H 30% better
House design same : F/H gated vs Leasehold - F/H 60% better
House design same : F/H vs Leasehold gated - F/H 15% better
House design same : F/H vs Leasehold g+g+club hse concept- F/H 5% better
House design same : F/H vs Leasehold gated - F/H 15% better

Q'aseh Vs Kinrara Residence[cool.gif
Access (locality) : Q'aseh win
Quality : equal
Density : equal (both 50ft' road reserved)
Concept (club hse) : KR win
security : KR win
Layout : KR win
Facade : KR win

summary : KR (3-sty link) = RM275/sf, Q'aseh 24'x80' = RM340/sf

KR has clear advantage
*
but KR 2 sty & 3 sty fully sold out... sad.gif
yoki
post Jan 5 2011, 03:16 PM

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still got many many smd, many
SUSUFO-ET
post Jan 5 2011, 04:00 PM

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QUOTE(Covillea @ Jan 5 2011, 01:16 PM)
- without prejudice -

in terms of i&p's quality, i've reservation.

believe mah sing has better quality.

can't dispute kr has overall advantage.

- without prejudice -
*
Kinrara quality is always questionable, but since the change in the management team, you may find that they are providing one of the best quality hse in Puchong, I refer to their last few launches Sapphire, Emerald, Oasis, Q'aseh only

A few things that I am very sure Q'aseh has offer the better quality in terms of -

1. Roof Tiles (special clay roof tile imported fr German) - Flat in design cost 2x more than normal clay tiles, 6-7 times more expensive than KR concete roof tiles.
2. Solid timber merbal flooring (bigger piece) - much much better than laminated and tiles
3. The doors adn door frame - Solid core for all the rooms (not the hollow flush type)
4. Sanitary accessories
5. Window frame and lock-set are one of the best among the link hse in Puchong
6. Skim coating
7. ABS piping
8. Steels trusses + heat repellent Zinc foil
9. 1st grade imported China tiles, proved to be much better than local white horse tiles. Stain resistant and achieving > 90% in shine, haze, and surface quality (white horse 60%)

Overall rating compare to KR, Q'aseh much better, however KR dare to apply the Conquas 21 standard which I give a very high credit to them

The only setbacks are :-
1. Facade design out
2. No g+g



yoki
post Jan 5 2011, 04:11 PM

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for Qaseh, they straightaway ignore the market price and priced out the rest of msia, i think it is the most exp, new launched non gated landed prop in 2010, actually not surprise if anyone would buy

even the newly VP link houses once cross 800k, it is no longer as easy to be consumed already

my 2 rupiah
prody
post Jan 5 2011, 04:54 PM

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For me, if all others same.

My base is: Leasehold, non gated & guarded, no clubhouse
Willing to pay additional for clubhouse, facilities, park: 10%
Willing to pay additional for freehold: 15%
Willing to pay additional for gated & guarded: 30%

As you can imagain KR is quite attractive to me, unfortunately property is very expensive at the moment and global economic situation seems a bit unstable.
Will consider buying subsale once it's done.

SUSUFO-ET
post Jan 5 2011, 04:58 PM

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QUOTE(naing @ Jan 5 2011, 01:28 PM)
According to your simple rule, G+G+club house concept is 30% more whether it is F/H or leasehold. Can I translate that way?
If so, is it really worth for us to pay 30% more for G+G+club house concept?
I am a newbie in property and just want to know how much really worth for G+G+club house concept...
*
Over the last 3 years, there are increasing demand in g+g concept, I can figure out the exact different in %, it is quite subjective to individual buyer. I think fair is 15% instead of 30%, correct my earlier statement.
In my observation, Klang Valley hse design was same fr 1960-2000. 2000-2008 has shown improvement in facade and layout, as an investor, choose something unique and special, it will give the highest return in long run (20 yrs), i.e DPC Casaman, Garden Residence , Setia Eco,
My prediction for future property appreciation is quite clear : starts to look into environmental value rather than the property itself.

What makes the property great, The Location
What maks the location great, the Neighborhood



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krgia10
post Jan 5 2011, 04:58 PM

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QUOTE(prody @ Jan 5 2011, 04:54 PM)
For me, if all others same.

My base is: Leasehold, non gated & guarded, no clubhouse
Willing to pay additional for clubhouse, facilities, park: 10%
Willing to pay additional for freehold: 15%
Willing to pay additional for gated & guarded: 30%

As you can imagain KR is quite attractive to me, unfortunately property is very expensive at the moment and global economic situation seems a bit unstable.
Will consider buying subsale once it's done.
*
Will you consider if it is 25 to 35% higher than current selling price?

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