QUOTE(rakyat @ Dec 13 2010, 09:36 AM)
FH vs. LH has minimal impact on cashflow play. Only a factor for flippers;
IMO PP is a safer bet (lower entry price, more established infra) but will offer conservative yield due to target market and density.
Eve is higher risk but targeted at a more resilient market, it oso need several 'question marks' (access road, revival of NXZ) to pend out just right to make it.
IMO expats always flock together to established township with infra within walking distants (DPC, MK & Tmn. Kosas) I still think Eve's target audience are better served by Amaya Saujana & Peremba's condos.
FH will always provide and investment edge as compared to LH,of course on a apple to apple comparison.. certain investors have favourable biasness on FH ,thus it does command some strong investment values. IMO PP is a safer bet (lower entry price, more established infra) but will offer conservative yield due to target market and density.
Eve is higher risk but targeted at a more resilient market, it oso need several 'question marks' (access road, revival of NXZ) to pend out just right to make it.
IMO expats always flock together to established township with infra within walking distants (DPC, MK & Tmn. Kosas) I still think Eve's target audience are better served by Amaya Saujana & Peremba's condos.
Whichever that is considered safer bet will depend on the overall development of a project as it goes along.
PP with higher density and being an integrated development has its risk on uncertainty of the exitence of the college and shopping mall,and also depending on the management of such big project. However with the LRT station nearby,it should serve to reduce that risk.
Eve is a standalone project with 30 units of shop office is considered a far more smaller scale project compared to PP.As for the access road,seriously speaking,i dun see any problem driving out from that site towards the tropicana link or head out to the subang highway thru ara dsara road.if the traffic is the problem,i think it will affect the whole ara damansara,then what's the issue.Besides,there is a LRT station.
As a whole, ara damansara is considered a small township.it's accessible within a short distance within the township. The traffic is not caused by just the residence in Ara but also from surrounding densed neighbours .Basically speaking,if Ara was to succeed,it has to turn out to be a commercial township and not a residential township based on the size and location. That is my understanding as the township will be filled with more offices in the future according to the current developer's plam...ie sime darby and dana to start of with...
Highly paid individuals are not necessary expat,local will make up to it and actually provide a more stable rental flow and perhaps more than willing to buy subsale then.Besides,the size of apartment on saujana side is considered bigger in terms of size and higher in terms of investment and rental level.it will be targeting different segments of expat if there is a comparison.
Added on December 13, 2010, 2:25 pmtropicana link to be opened soon...
meeting was held in MBPJ HQ yesterday to brief residents on the 17 proposals from the macro traffic study conducted by MAG Technical & Development Consultants Sdn Bhd. Three Resident Associations were invited for this meeting. Ara Damansara was represented by Datuk Aziz, President of Laman Ara RA, Tropicana by Encik Shukri and Damansara Idaman by Encik Wan Annuar. MBPJ’s Deputy Mayor, Encik Tuan Puasa Bin Md Taib chaired the meeting.
Mr Goh Bok Yen, the traffic consultant briefed us on the history of the traffic study and how the team comprising of working committee, steering committee and advisory committee arrived at the recommendations. A total of 32 Residents Associations were also contacted to solicit residents’ inputs.
Each of the 17 proposals was discussed in detail.
On the proposal for a road linking Ara Damansara to Tropicana (the famous Tropicana Link), Deputy Mayor shared with us that the land has been surrendered to the State in 2003. According to Encik Tuan Puasa, referring to Act 163 Sec 5D, MBPJ is empowered to complete the road and he said MBPJ will start the paperwork immediately to get the State Government to endorse this decision. A tender exercise will soon be called and work to commence shortly. It is expected the road will be ready by end February.
In a subsequent discussion on the Jalan Tanjung issue, as the State Government has won the judicial review of the land in dispute, the land which will cost RM2.5M will be acquired soon and the road will be widened to 3 lanes (2 out, 1 in). The construction costs is expected to cost RM4M+ and will be shared by 6 property developers in the area.
Encik Shukri asked that the Tropicana Link and Jalan Tanjung issues be combined and the opening of the two to be timed together. Encik Wan Annuar asked for a right turn at the T-junction of Jalan PJU 1A/1 with Persiaran Tropicana which was earlier opposed by Tropicana RA. MBPJ has no objection of having a right turn and there was agreement to have it on a trial basis.
This post has been edited by sks: Dec 13 2010, 02:25 PM
Dec 13 2010, 10:55 AM

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