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Investment THE WHARF PUCHONG [OWNERS' THREAD], The new Puchong downtown begins here

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JRZ
post Nov 16 2011, 07:04 PM

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QUOTE(DoYouKnow @ Nov 16 2011, 05:49 PM)
selling good? sold out how many % ??
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sold around 80%, only high floor units left.
airline
post Nov 16 2011, 07:16 PM

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where is the showroom?
price increase already?

This post has been edited by airline: Nov 16 2011, 07:16 PM
Apscen
post Nov 17 2011, 02:10 PM

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QUOTE(airline @ Nov 16 2011, 07:16 PM)
where is the showroom?
price increase already?
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Showroom at TTP , you can call 8068 4030 for exact location.

According from SA, price for block 18 will increase to 350K min, think is about 430psf, compare to block 8 280k min, about 350psf, that is 20% jump notworthy.gif notworthy.gif
flipacoin2k
post Nov 17 2011, 03:09 PM

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I am interested in learning the Wharf's shopping mall / commercial lots a little more, is there any updates like who will be the confirmed tenants, anchor tenants, etc ?
ConnieGurl
post Nov 17 2011, 03:14 PM

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omg O_O more buildings??? sigh. i dont know how long it will take for me to get home then T___T
DoYouKnow
post Nov 17 2011, 03:51 PM

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QUOTE(ConnieGurl @ Nov 17 2011, 03:14 PM)
omg O_O more buildings??? sigh. i dont know how long it will take for me to get home then T___T
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not complete at end of 2013 or start of 2014?
bolton wont deley1, don worry rclxms.gif
they start at site quite long time ago......
0022905
post Nov 17 2011, 06:18 PM

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QUOTE(Apscen @ Nov 17 2011, 02:10 PM)
Showroom at TTP , you can call 8068 4030 for exact location.

According from SA, price for block 18 will increase to 350K min, think is about 430psf, compare to block 8 280k min, about 350psf, that is 20% jump  notworthy.gif  notworthy.gif
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Banner shown waterfront apartment
y so expensive?
jesswcp
post Nov 19 2011, 10:46 PM

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is that a worth place to be invest on?

i kinda love thier concept, retail shops, lake view, shopping malls, and the so called nearest new property which is near to the LDP! (as compared to X2 and so..)

any comments from the sifu here?
airline
post Nov 20 2011, 10:55 AM

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the price got increase already?
JRZ
post Nov 20 2011, 01:25 PM

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First block of The Wharf Residence 80% sold

Attached Image
JRZ
post Nov 21 2011, 03:15 PM

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Stylish waterfront apartments in Puchong

Attached Image
ppfoong
post Nov 25 2011, 01:16 AM

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From the Quarterly Financial Report of Bolton:

The Wharf which is located on a 15-acre site in Taman Tasik Prima Puchong, is a mixed commercial development comprising serviced apartments, showroom offices and a retail mall is planned to be a "Neighbourhood Lifestyle Destination". Following on the success of Bizwalk, the 32 units 3-storey showroom offices which were launched late last year and fully sold, the management plans to launch the specially-designed Flexi Suites, a versatile "2-in-1" 32 units 2-storey commercial offering built on top of the Bizwalk showroom offices.

The first of the three blocks of serviced apartments called the "The Wharf Residence" was launched on 12 November 2011, with 70% of the units already sold before its official launch event. The sales for the second tower will be launched in January 2012. Together with the retail mall which has a Gross Floor Area ("GFA") of 506,510 sqft and 1,296 car park bays, The Wharf has a GDV of RM 500 million. In May this year, The Wharf won the "Highly Commended" award at the Asia Pacific Property Awards 2011 in conjunction with Bloomberg Television in the Mixed Use category for Malaysia.

Management also plans to launch the last phase of landed properties in Taman Tasik Prima Puchong comprising of 4 units semi-detached homes and 58 units of townhouses with an estimated GDV of RM40 million in the current financial year.

vsk
post Nov 26 2011, 01:29 PM

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<Hei Dont Misunderstanding in Puchong Area Without 5 Star Hilton Hotel.>


Millennia City will be built on a plot of land measuring 100 acres. It will comprise of M Square – a 380,000 square feet self-enclosed six-storey shopping mall that is linked to the 255-room Hilton Garden Inn Hotel, and a trendy 2.1 million square feet Street Mall comprising 13 blocks of six-storey retail and office units which upon completion, will be the country’s largest alfresco mall and the commercial heartbeat of Puchong
macho dog
post Nov 26 2011, 10:51 PM

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QUOTE(vsk @ Nov 26 2011, 01:29 PM)
<Hei Dont Misunderstanding in Puchong Area Without 5 Star Hilton Hotel.>
Millennia City will be built on a plot of land measuring 100 acres. It will comprise of M Square – a 380,000 square feet self-enclosed six-storey shopping mall that is linked to the 255-room Hilton Garden Inn Hotel, and a trendy 2.1 million square feet Street Mall comprising 13 blocks of six-storey retail and office units which upon completion, will be the country’s largest alfresco mall and the commercial heartbeat of Puchong
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Millenia salesman.


JRZ
post Nov 27 2011, 12:20 PM

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Three-in-one offering in Puchong for potential buyers
eleong
post Dec 4 2011, 05:10 PM

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just visit sales office... the service residence quite attractive... but 30+ floor for each block... total 3 blocks.... whether it's good buy?? seems high density... any advise??
ppfoong
post Dec 10 2011, 08:37 PM

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The actual floorplan as in S&P is as below:
user posted image

From this floorplan, we can notice that the apartment is actually "C" shaped, where type B7 and B8 on the east are at the end of the "C".

And the carpark floorplan as in S&P is as below:
user posted image

There are 5 levels of carparks from basement to Level 4.

Level 5 is the drop-off and facilities (swimming pool, etc.).

The service apartment starts from Level 6 to Level 33, 12 units per floor, except only 10 units in Level 15 because 2 units are allocated as M&E room.

The next tower seems to be of the similar design, and is open for registration now. Bolton intended to sell Type A from RM470k onwards and Type B from RM350k onwards.


Apscen
post Dec 10 2011, 11:05 PM

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QUOTE(ppfoong @ Dec 10 2011, 08:37 PM)
The actual floorplan as in S&P is as below:
user posted image

From this floorplan, we can notice that the apartment is actually "C" shaped, where type B7 and B8 on the east are at the end of the "C".

And the carpark floorplan as in S&P is as below:
user posted image

There are 5 levels of carparks from basement to Level 4.

Level 5 is the drop-off and facilities (swimming pool, etc.).

The service apartment starts from Level 6 to Level 33, 12 units per floor, except only 10 units in Level 15 because 2 units are allocated as M&E room.

The next tower seems to be of the similar design, and is open for registration now. Bolton intended to sell Type A from RM470k onwards and Type B from RM350k onwards.
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Can d buyer choose the car park lot location?
makunouchi
post Dec 11 2011, 01:36 AM

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I don't think so

Normally assigned by sales team/ developer..
ppfoong
post Dec 11 2011, 12:50 PM

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The car park lot and the external store room (U1 - U12) are preassigned and buyer will know by the time of signing the S&P.

Bolton has requested and approved by local authority to extend the delivery timeline from 36 months to 42 months for the 1st tower (Tower 8). So the estimated completion time is around mid-2014.

This should be good for investors intended to flip, because longer period is favourable to the investors as:
- No need to pay interest to bank before completion, under DIBS scheme.
- Most of the designated banks lock in for 3 years, starting from the 1st draw down of the loan. This should mean that, by the time the owner get the key, the lock in period already over.
- Wait for more development around the area to materialized to boost up the value of the property: the diamond interchange beside Petronas, the Chinese school in Taman Tasik Prima, the Hilton hotel and mall opposite the lake, the international school in Bukit Puchong, the new Tesco, ... And I believe the rapid development at the south like Cyberjaya, 16Sierra, etc. will bring positive effect to this not-so-south area too.
- If world economy and property price drop next year in 2012 (most people are thinking like this), it should have been recovered 3.5 years later, otherwise, all of us will be in great depression if still cannot recover for such a long time - and those bought other properties before this without DIBS at higher interest rate (>BLR-2.4) will more likely to have to worry first.




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