here you're




This post has been edited by kh8668: Dec 20 2010, 09:09 PM

yaya..such as this




worth RM10mil to build

5.55 biji casaman lol

Show us your valuation report calculation and the comparables the valuer is using. I assume that your lot is corner or endlot.2568 sf for rm200k equal to about 78psf cost to build your house. I think this is a norm for qs adopting this for mass housing. Also have to depend on your house finishes. For developer to build mass housing in bulk is normally cheaper than for individual to build his or her house alone.

This post has been edited by kh8668: Feb 14 2011, 06:39 PM

Your house in Kota kemuning and you use it as basis for alam impian? How old is your house? Material wise same? Be careful as you can read in your valuation report as there are factors to consider to derive the valuation value. Sometime land value acquired by developer for a township is different with another township. Different township has it's own cost to set up and built. So better try to compare houses within the same township if available. Otherwise adjustments need to be made to derive the value according to factors.

I see. Land value not necessary more than cost to build house. Still location location and location.

Wonder why they don't buy the unit instead of renting?

I have done some distant calculation on google earth.

From Viola AI to Federal Highway (Shah Alam) via LKSA = 7.86 km

From 1st roundabout of K0ta Kemuning to Federal Highway (Shah Alam) via LKSA = 7.83 km
From 2nd rounabout of Kota Kemuning (deep inside) to Federal Highway (Shah Alam) via LKSA = 9.27 km (additional 1.44km)

So I do not agree statement of "distant to KL wise........better than Kota Kemuning"

However, If using LKSA, from KK to Shah Alam exit of federal highway, toll is higher than AI.

Plus point for KK, better accessibility via various highway networks and toll free for some exits.

Can you do the same for Kota kemuning and kemuning utama?

Naza TTDI AI is part of I&P AI townships, master plan also fixed in initial stage, this inclusive of numbers and sizes of plots. Just the designs of houses (built-up area) still can be changed.

I heard my friend (ex-I&P staff) said, I&P sold the land to Naza as that piece of land was a flooding area before. (don't know how true it is).

Anyway, AI should be considered as I&P and Naza TTDI co-developed townships.

---

Added on April 23, 2011, 10:41 amthe clubhouse facilities are available for SPIRA and VIOLA as well??

This post has been edited by kh8668: Apr 23 2011, 10:41 AM

SAME LAND SIZE?

Both were launched in different time period. Generally, property market picked up since 2h 2009. Whatever landed property launched since that time, all had been snapped up fast. This also applied to highrise property in some location. So you cannot simply say ttdi ai is better than I n p ai.

Timing is also an important factor.

By REALTY CHECK
By DATUK ABDUL RAHIM RAHMAN | Apr 30, 2011
A green look at property value
http://www.starproperty.my/PropertyScene/P...Scene/11703/0/0
--------------------------------------------------------------------------------

A growing number of developers and building owners in Malaysia are recognizing the value of going “Green”. The term sustainable development has interchangeably been used to reflect “green features” in the development.

In some countries, sustainable development has a deeper meaning than simply applying “green features” as it is used to tackle a number of global issues such as poverty, inequality, hunger and environmental degradation.

But, in the context of property development in Malaysia, it can generally be referred to as practices that can lead to more environmentally friendly and ecologically responsible decisions and lifestyles, which can help protect the environment and sustain its natural resources for current and future generations. Earth Summit in Rio, Brazil in 1992 was one of the major international efforts to bring sustainable development to the mainstream.

In Malaysia, while some developers have taken their own initiatives to achieve international green certification such as LEED, and BCA Green Mark, the establishment of a green rating tool known as Green Building Index (GBI) by Greenbuildingindex Sdn Bhd, a group of architects and engineers in February 2009 has marked another level of achievement in our effort to preserve and save the environment. Developed to promote green design, construction, reconstruction and operation of buildings, GBI focuses on six green criteria, such as energy efficiency, indoor environmental quality, sustainable site planning and management, materials and resources, water efficiency and innovation.

It was reported that currently there are 21 GBI-certified buildings; some of them are Sunway SPK 3 Harmoni, 311 House, Ken Bangsar Serviced Residences, Pusat Tenaga Malaysia, 1 First Avenue and Menara Worldwide.

In March this year, GBI Township Rating Tool was launched to further mark a green effort to transform our communities. The six assessment criteria are climate, energy and water; ecology and environment; community planning and design; transportation and connectivity: building and resources as well as business and innovation. Five pilot projects that were reported to have registered with the GBI are TTDI Alam Impian, Boga Valley, Ken Rimba, Elmina East, and Karambunai Intergrated Resort City.

With the growing interest in green development, critical questions have been raised by property buyers and investors - whether there is an enhancement to the market value of green-rated properties or is it an over-enhancement? Will these green properties be more marketable and attractive for investment purpose? In Malaysia, a comprehensive study on this subject has yet to be conducted. However, at this stage, we can also learn from experience in countries that are more advanced in the green initiatives.

A survey conducted by New York Times in 2006 concluded “when faced with the choice of renting or buying two similar apartments, consumers increasingly will opt for the one with Green features, even if it comes at a higher price.” In a study on the need for Green features in buildings conducted by Harvard Business Review in the same year, it recommended that building owners of “standard” buildings needed to adopt Green features, otherwise their buildings would face massive obsolescence.

In Germany, which is more advanced in its environmental movement, sustainability has become a key factor, where building owners would have difficulty leasing the properties if environmental measures were not taken into consideration.

Jamestown Properties, a German commercial real estate investment company, has recently announced that it will invest its entire US$4bil portfolio of buildings in the United States in “green” buildings. Other prominent investment funds that are incorporating green buildings and energy-efficient buildings and other principles of sustainability into their property selections and portfolios are Investa Commercial Property Fund based in Australia and Rose Smart Growth Investment Fund 1 in New York.

In terms of rental rate, a study led by Professor John M. Quigley of University of California in Berkeley concluded that rents for green offices were about 2% higher than rents for comparable buildings within the same area. However, in terms of appreciation, the result has yet to be seen because most of these green-rated buildings have been around only for the last few years and only a few, if any, have been re-sold.

And the profile of prospective buyers might also influence the value placed on the properties. For example, a buyer or tenant who places high value on green efforts as part of their Corporate Social Responsibility might be willing to pay higher prices or rental. In the case of Jamestown Properties, some of the properties will be held between seven and 10 years to benefit from reduced operating costs.

Back home, the asking rental rate at Menara Worldwide, a newly completed GBI-certified office building at Jalan Bukit Bintang is RM6 psf, which is comparable to the average rental rate of standard prime buildings in the city centre. Rental rates of existing prime office buildings within this area range from RM5.80 psf to RM7 psf. On the other hand, the asking rental rate of another GBI-certified office building, G Tower, which was completed in 2009 and also a MSC-status building, is RM6.80 psf, about 13% higher than the average rate of RM6 psf.

Rental rates of existing prime office buildings within this area range from RM5.50 psf to RM9 psf. In 2009, Shell People signed a 15-year lease at rental rate of RM8.50 psf for office space at 348 Sentral, which is expected to be completed in 2012 consisting of 33-storey office tower and 21-storey serviced residence to be certified by LEED Gold standards. Current rental rates of existing prime office buildings within this area range from RM6 psf to RM7 psf.

It can be concluded that at present, the difference in rental rates between green and non-green buildings is not so much due to the green features, but more of supply and demand factors within the specific location. With proper method of valuation being used to take into account green features, I believe there would be more recognition of the actual benefits of green buildings in the future.

Senator Datuk Abdul Rahim Rahman is the executive chairman of Rahim & Co group of companies.

This post has been edited by kh8668: May 1 2011, 12:02 AM

It BOLEH in Malaisia

50% of Aquina sold in weekend launch

Tags: Aquina , Charlie Chia , Naza TTDI , Sephira , Shah Alam , Spira , TTDI Alam Impian , Viola


By Joanne Nayagam of theedgeproperty.com
Monday, 27 June 2011 11:39

SHAH ALAM: Aquina, the fourth and latest phase of the TTDI Alam Impian township in Shah Alam, has sold over 50% of its double-storey linked homes.

About 68 out of the 126 units available were taken up during the weekend launch, said developer NAZA TTDI in a statement on Monday, June 27.

The phase features double-storey linked houses of five design types with sizes ranging from 2,476 sq ft to 4,224 sq ft and priced between RM606,000 and RM1.5 million.

The earlier phases — Spira, Viola and Sephira — have all been sold out. Spira owners took vacant possession of their units early this year, while the Viola units are to be completed by the end of this year and the Sephira units in the following year, said the developer.

Director of marketing and sales Charlie Chia said it was the positive feedback from the previous three phases in the township and the buyers of its previous projects that contributed to the sales.

"For Aquina, we have further improved on the design and features as well as increase[d] the built-up areas to cater to [the] demand for bigger units," said Chia.

Purchasers at the launch were also given free maintenance charges for a year on top of the sales rebate of 3% and a waiver of the legal fee on the sales and purchase agreement.

The 208-acre TTDI Alam Impian township is located in Section 35, Shah Alam, where it will comprise of 15 development phases. Besides residences, there will also be retail and commercial centres and other facilities such as schools, community halls and recreational parks.

Sticker game? lesser stickers?

First picture with more stickers (earlier post)

72 over 126 units = 57.14% booked/sold



2nd picture with lesser stickers

30 over 126 units = 23.81% booked / sold




where got 80% sold?


Attached thumbnail(s)

Laman Glenmarie II by Glenmarie Properties will also be launched soon wor...better location. If Laman Glenmarie is priced at its indicative price of RM680k for 22x80 then it should be a good buy.

http://wikimapia.org/#lat=3.1001069&lon=10...27&z=15&l=0&m=b

http://wikimapia.org/#lat=3.0997855&lon=10...95&z=17&l=0&m=b


see the "+"

This post has been edited by kh8668: Jul 4 2011, 05:40 PM