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Investment BUKIT JALIL CITY | AURORA PLACE | REV.O, Another megaproject starting very soon

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Mattam
post Nov 21 2013, 05:10 PM

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QUOTE(nck @ Nov 15 2013, 10:45 AM)
80%+5% MRTA of Selling Price.
UOB is offering BLR-2.2%
Alliance bank is almost the same.  smile.gif
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Heard it is still 70% sold! What happen to BBB?

Mattam
post Nov 22 2013, 12:20 AM

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QUOTE(accetera @ Nov 21 2013, 08:20 PM)
Sell no use, if buyers cannot obtain loans from the limited panel banks as company is still PN17
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Met the UOB staff today. Came to my office. Very patient. As what was said BLR - 2.2. 3 year lock up from 1st drawdown. Sounds ok.

On the take up rate, UOB staff mentioned abt 70 units unsold, 67% sold. According to SA, mostly big units. HH is pushing us to sign SPA by 15 December. A bit cold feet lah. Should continue?
Mattam
post Dec 2 2013, 04:38 PM

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QUOTE(yjtan15 @ Dec 2 2013, 01:45 PM)
I wonder why also.

But end financing really limited.
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The staff from UOB ask long ask short. He will soon ask for my naked photo! brows.gif Pls do share why are you letting go.
Mattam
post Dec 6 2013, 11:57 PM

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QUOTE(yjtan15 @ Dec 4 2013, 11:47 AM)
anyone got the loan approved ad?
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Received SMS that aurora sovo early bird preview starts today from RM 425K. Those of us who booked earlier?
Mattam
post Dec 7 2013, 11:09 PM

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QUOTE(Minolta @ Dec 7 2013, 01:19 AM)
I think the time has come to avoid commercial type "homes" nowadays. For flipping will need to sell with 6% GST later. So subsale buyer will need to be able to pay 20% down payment for commercial loan and 6% GST. Total 26% of price in cash.
As opposed with 10% of price if buying residential, which will also be a part of development.
As such, there will be potential lesser demand after VP.
For rental, this SOVO will be at commercial rate for electricity (with projected tariff increase soon). So tenant will likely prefer residential rather than commercial.
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Bukit Jalil is progressing to be a very self sustaining area. Residential both landed and highrise, school, a public park, a church cum convention centre, golf club, two highways, LRT and now a coming shopping complex. What is missing is a good office block? Can we see a Bandar Utama here?

I look at Aurora as a good office block with car park and your usual starbuck and alfresco dining that young professional is looking for. This place with the upmarket feel can attract professional firms that is looking for a good office complex in south KL.

I know a lot of buyers here is looking at this place as a residential play and the cooling measures are also not helping. Look long term......look commercial.....anyone?

Mattam
post Dec 8 2013, 11:45 PM

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QUOTE(nck @ Dec 8 2013, 12:04 PM)
Yup. Agree. I am optimistic to this so called first office tower in BJ.  Especially this large 60 acres commercial land, soon will be turned into a Bukit Jalil commercial centre........shopping mall, office towers, hotel, shoplets, serviced etc.....

Don't think HH can't afford to fail again once exist PN17.  brows.gif
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HH as a company will definitely benefit from the JV with malton. It is what they are going to do with the funds they have after that. The success of this commercial tract depends on how Malton is going to position pavilion 2.

Sunway velocity in Cheras is now selling at RM1,200 psf and their selling point is the integrated shopping complex, ie Pyramid 2 and proximity to KLCC. Aurora also has an integrated shopping complex in pavillion 2 and is actually quiet near to KLCC via MEX highway.
Mattam
post Aug 26 2014, 07:54 PM

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QUOTE(ibbrio @ Aug 26 2014, 01:52 PM)
fishuyi agent (any water fish so far?)
can share majority buyers buy for stay or for business?
i wonder what it will be like eventually the soho
90% stay?
10% office?

or

90% work
10% stay then at night sibeh quiet and can sleep...as less neighbours stay at night
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I am one of those who gave up my units. Was thinking of setting up office but cant take the risk of baby crying while we are having a business meeting.

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