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Investment EVE SUITE @ ARA DAMANSARA [OWNERS' THREAD], New York Soho Concept + LRT Integration

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simplicio
post Nov 1 2011, 01:31 AM

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QUOTE(RomaNce @ Oct 31 2011, 07:59 PM)
Fully agreed!!!


Added on October 31, 2011, 7:02 pm

You definately is agent to Eve. Why people want to choose Eve? Good to stay by pass in and out of the tunnel? Why people dun choose Bukit Jalil, Subang and other place LRT/MRT too offering the same price, new and more rooms?


Added on October 31, 2011, 7:04 pm

Kelvin, i fully support you. Crimson 3 bedrooms only 1k to 1.2k....why people choose EVE without a store room or rooms for kids...Crimson 3 bedrooms = 1k = RM333.33 averagely per person.


Added on October 31, 2011, 7:06 pm

100% guarantee it will be a fail project. Just hope do not abandoned and spoil the view. If fully constructed, full of empty units will cause problem for Crimson as well!!


Added on October 31, 2011, 7:10 pm

With or without LRT, there is not the point because Crimson also near to LRT, Suria also near to LRT, Nusa and others at Ara also near to LRT...property must not be too near to LRT - 1km gap is a must. Kiara residence, trees, ranz, leafs, z residence, solaris dutamas, millenium, menara tower and etc all near to LRT....so, LRT will not make a different. But if no LRT, EVE will have a big problem......


Added on October 31, 2011, 7:11 pm

400k, i can buy MK unit with guarantee min 2k rental and max 2.5k rental.....

Those who buy for own stay will complain why only one room and no spare rooms, where their things, bags, boxes clothes going to be. Those who buy for investment will finance the unit continuously till no end....Auction and Lelong coming soon.....
*
I am not an agent....but seeing your comparison, i better stop posting liaw
your views are so defensive and the comparison you make is way too general..if i continue to answer....it will look
silly.

Its ok...we are here to spread the pros and cons....no problem.


Added on November 1, 2011, 1:33 am
QUOTE(loobrother @ Nov 1 2011, 12:08 AM)
If this area is so bad then how did crimson apartment do so well with yields in the past? 10 years ago Crimson was already commanding 900-1200 rent for an 800+ sq ft apartment which is high when just outside the double storey terrace house at taman mayang/emas is only getting 1000. Crimson is surrounded by two highways also with no lrt and no tropicana link and no ara damansara and it continued to do well with or without NZX. Now Eve Suite is compared to Crimson pulak. How can new dev be compared to old dev? Now Crimson enjoyed 100% appreciation thanks to the recent property boom. The developer is just valuing new building vs old surrounding buildings of course with premium....this premium is higher because now there's lrt and tropicana link and rising ara dsara. IMHO, I think the price for Eve is on the high side when they first launch early in the year. But by now i think the price is lower compared to many other new high rise studio units like da men and damansara avenue.

Btw, I dunno why did crimson and ria do so well in the past given the area is abit secluded but I think maybe its 1 of the only few new properties still located in PJ. The fact is new dev cannot be compared to old dev in terms of both pricing and yields.
*
spot on !! +1


Added on November 1, 2011, 1:39 am
QUOTE(seancl85 @ Oct 31 2011, 07:53 PM)
Yeah too near highway is a big drawback....trully agree price is quite normal for serviced apartment at pj nowadays...i personally like the concept of eve...another drawback is same design with all the units with a density of 700 plus units?
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well...i like to think positive....
if all same design perhaps rental can be very consistent

lets say all unite rm1.5k-2k
the least it could go at 1.5k

nothing lesser because all units offer uniform stuffs
whereas if bare unit....people can willing to let at lower price just to break even
and spoil market abit.

in EVE's case i think very hard for people to "Spoil" rental market.



This post has been edited by simplicio: Nov 1 2011, 01:39 AM
B744
post Nov 1 2011, 02:15 AM

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I totally agree.

seancl85
post Nov 1 2011, 02:35 AM

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Eventhough not spoiling the market but theres a wide range of choice since the density is 700 plus,if half of the units are rented out u still have to stand out 1 out of 350...say,someone offering at a standard price,in order to let his unit rented out fast im sure he will put down his price and eventually will lead to "market spoil" situation too..smile.gif
kelvinfixx
post Nov 1 2011, 09:07 AM

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There is another big problem, parking. Have you seen how the cars are park around the area? If not because of NZX mall open up the parking spaces, these place is a mess, with cars all along the small road. MRT some more, where are the commuter going to park their car???????

Eve will certainly contributes to it soon. Do you think people will take MRT to work? The truth with Malaysian is no, they love driving.

The local council, MPPJ did not look into this matter. Ara Damansara is very congested now even without all the condos build.

Take a small slop land and built condo on it of it without proper landscape will definitely contribute to problem like what happen in Bangkok now.

I hope Malaysian really look into this problem, Is GDP that important?

clanzkiller
post Nov 1 2011, 09:13 AM

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I think the same way too. Reason being is because all the units featured is the same, whereby make no different in terms of furniture. Just that the view might be able to hold the rental higher. So if there is few desperate owner who willing to let go at lower range pricing, and when enquiry tenant get to know about that, they tend to use that as a reason or negotiation and owner cannot use furniture/design to boost higher rental price. Unless there is a mutual agreement between all the owner, which is hard to do so. Or, there is an in-house agent who control the entire area and all the owner willing to let the agent service them. Otherwise if were to go by diff party, the price can be easily spoilt.

Tenants priority to rent a place is first to see the condition of the unit, structure, furniture, level, view, especially expatriate. Unless is a corporate relocation for accomodation, or in urgent.
kochin
post Nov 1 2011, 09:14 AM

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can i know how much is eve asking for a 2 bedroom unit?
thanks.
katijar
post Nov 1 2011, 09:28 AM

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QUOTE(kelvinfixx @ Nov 1 2011, 09:07 AM)
There is another big problem, parking. Have you seen how the cars are park around the area? If not because of NZX mall open up the parking spaces, these place is a mess, with cars all along the small road. MRT some more, where are the commuter going to park their car???????

Eve will certainly contributes to it soon. Do you think people will take MRT to work? The truth with Malaysian is no, they love driving.

The local council, MPPJ did not look into this matter. Ara Damansara is very congested now even without all the condos build.

Take a small slop land and built condo on it of it without proper landscape will definitely contribute to problem like what happen in Bangkok now.

I hope Malaysian really look into this problem, Is GDP that important?
*
this is true. parking is a mess.
sks
post Nov 1 2011, 09:55 AM

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QUOTE(katijar @ Nov 1 2011, 09:28 AM)
this is true. parking is a mess.
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stricter enforcement will help the parking mess around the area, but as we know our authority is super efficient.hopefully due to the placement of lrt station and concern + complanints from the residents and users of lrt,the parking rules along that street will be enforced.

Well,still 3 more years to go and if commercial can be revived in ara dsara(i think its just a matter of time) then the property bought today should be more worthwhile then. but if the economy take a downturn,then too bad,might have to wait longer..well, for me i dun mind to stay in quite a comfortable furnished unit and enjoy the facilities.I wouldnt say the price is cheap but its resonable for future.my bet on lrt lines should be safer as compared to mrt for now.
RomaNce
post Nov 1 2011, 09:57 AM

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QUOTE(katijar @ Nov 1 2011, 09:28 AM)
this is true. parking is a mess.
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Commuter or LRT user will park into Eve if Eve management want to make more money by open up Eve parking lot. Tenants/owners of Eve will face problem from outsider using their parking lot which might lead to security issue.
simplicio
post Nov 1 2011, 09:58 AM

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QUOTE(katijar @ Nov 1 2011, 10:28 AM)
this is true. parking is a mess.
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Hahahaha this goes without saying...its a mentality problem
no need to predict...look at all LRT station now...after 9am onwards
you will know. No space can be spared. Look at Kelana Jaya's condo all same issue.

Even superlink homes facing each other have parking issue not only condo!!

welcome to malaysia.!!! rclxms.gif rclxms.gif rclxms.gif
kelvinfixx
post Nov 1 2011, 10:14 AM

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QUOTE(RomaNce @ Nov 1 2011, 09:57 AM)
Commuter or LRT user will park into Eve if Eve management want to make more money by open up Eve parking lot. Tenants/owners of Eve will face problem from outsider using their parking lot which might lead to security issue.
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I think it is a service apartment with shop at the ground floor. No outsider? How to do business?


Added on November 1, 2011, 10:23 am
QUOTE(simplicio @ Nov 1 2011, 09:58 AM)
Hahahaha this goes without saying...its a mentality problem
no need to predict...look at all LRT station now...after 9am onwards
you will know. No space can be spared. Look at Kelana Jaya's condo all same issue.

Even superlink homes facing each other have parking issue not only condo!!

welcome to malaysia.!!! rclxms.gif  rclxms.gif  rclxms.gif
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They should make 20 stories parking lot beside the MRT.

This post has been edited by kelvinfixx: Nov 1 2011, 10:23 AM
RomaNce
post Nov 1 2011, 12:17 PM

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QUOTE(kelvinfixx @ Nov 1 2011, 10:14 AM)
I think it is a service apartment with shop at the ground floor. No outsider? How to do business?

NZX also not full, with the shops on the Eve GF, can fill up with business tenants or empty again?


Added on November 1, 2011, 10:23 am
They should make 20 stories parking lot beside the MRT.
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This LRT station is drop/pick station no parking lot allocation therefore those commuter want to park must park at road side or nearby...
tehoice
post Nov 1 2011, 12:31 PM

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QUOTE(kelvinfixx @ Nov 1 2011, 10:14 AM)
I think it is a service apartment with shop at the ground floor. No outsider? How to do business?
Just to share some input here, (Mostly the previous batch buyers) on the 1 room serviced apartment comes with 2 parking lots whereas the 2 rooms home buyers entitles to 3 parking lots, so this mean it would be tentatively sufficient for them, imagine, a couple staying in 1 room serviced apartment with 2 cars? just good enough for them? unless they have a supercar for weekend use.

for the visitors, they have designated parking lots for them. however for the retail site, they will have the pay-as-you-use parking lot for outside. coming on with the LRT, will have parking too, but as we know, it will never be enough. hence, instead of paying pay-as-you-use, they will just park at the side of the road.

In addition, "in view of your crystal ball vision, so which property(ies) do you think we should put our money in?" since this is going to be a 100% failure.


Added on November 1, 2011, 12:32 pm
QUOTE(RomaNce @ Nov 1 2011, 12:17 PM)
This LRT station is drop/pick station no parking lot allocation therefore those commuter want to park must park at road side or nearby...
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are you in this "LRT extension working group?" it seems like you have many more exclusive information for us, thank you!

This post has been edited by tehoice: Nov 1 2011, 12:32 PM
kelvinfixx
post Nov 1 2011, 01:03 PM

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QUOTE(tehoice @ Nov 1 2011, 12:31 PM)
Just to share some input here, (Mostly the previous batch buyers) on the 1 room serviced apartment comes with 2 parking lots whereas the 2 rooms home buyers entitles to 3 parking lots, so this mean it would be tentatively sufficient for them, imagine, a couple staying in 1 room serviced apartment with 2 cars? just good enough for them?  unless they have a supercar for weekend use.

for the visitors, they have designated parking lots for them. however for the retail site, they will have the pay-as-you-use parking lot for outside. coming on with the LRT, will have parking too, but as we know, it will never be enough. hence, instead of paying pay-as-you-use, they will just park at the side of the road.

In addition, "in view of your crystal ball vision, so which property(ies) do you think we should put our money in?" since this is going to be a 100% failure.


Added on November 1, 2011, 12:32 pm

are you in this "LRT extension working group?" it seems like you have many more exclusive information for us, thank you!
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Crimson service apartment and NXZ mall just beside the eve has abolished their pay-as-you-use parking lot.

Eve will have the same faith after 3 years, because no one will want to go to the eve shop if you impose pay parking. No business no shop, the shop will be empty, it is as dead as NZX mall.

For me I personally think that it is a bad and dangerous place to built a service residence at the slop. It is small and sloppy. I won't want to stay or invest there. It is just beside Highway, believe me at 20 floor you still feel it is noisy, with windows open.

Bad project.


Added on November 1, 2011, 1:11 pm
QUOTE(sks @ Nov 1 2011, 09:55 AM)
stricter enforcement will help the parking mess around the area, but as we know our authority is super efficient.hopefully due to the placement of lrt station and concern + complanints from the residents and users of lrt,the parking rules along that street will be enforced.

Well,still 3 more years to go and if commercial can be revived in ara dsara(i think its just a matter of time) then the property bought today should be more worthwhile then. but if the economy take a downturn,then too bad,might have to wait longer..well, for me i dun mind to stay in quite a comfortable furnished unit and enjoy the facilities.I wouldnt say the price is cheap but its resonable for future.my bet on lrt lines should be safer as compared to mrt for now.
*
Strict or no strict, people still park. Malaysia should build bullet train from Perak, Seremban to Klang Valley. I will be the first to move out of Klang Velley.

Like me, I get summon parking my car outside my apartment. What should I do? No monthly parking in the apartment. Development everywhere, but no parking available.


Added on November 1, 2011, 1:12 pm
QUOTE(kochin @ Jan 27 2011, 08:52 AM)
oops my bad!
i meant eve suites.
i totally dislike pacific place.
the land was a rubbish dump and surrounded by a lot of low cost flats, an indian temple, a school (i think).
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Pacific is bad, over development, no landscape and garden with tree. Eve is worst!!!!!! If Pacific is a rubbish dump, eve is a landslide land. beside there is a tunnel, it will be flooded after heavy rain if tall building built beside it, because there is no swamp land and tree to absorb the water.

This post has been edited by kelvinfixx: Nov 1 2011, 01:21 PM
kinyu
post Nov 1 2011, 01:22 PM

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QUOTE(kelvinfixx @ Nov 1 2011, 01:03 PM)
Crimson service apartment and NXZ mall just beside the eve has abolished their pay-as-you-use parking lot.

Eve will have the same faith after 3 years, because no one will want to go to the eve shop if you impose pay parking. No business no shop, the shop will be empty, it is as dead as NZX mall.

For me I personally think that it is a bad and dangerous place to built a service residence at the slop. It is small and sloppy. I won't want to stay or invest there. It is just beside Highway, believe me at 20 floor you still feel it is noisy, with windows open.

Bad project.


Added on November 1, 2011, 1:11 pm

Strict or no strict, people still park. Malaysia should build bullet train from Perak, Seremban to Klang Valley. I will be the first to move out of Klang Velley.

Like me, I get summon parking my car outside my apartment. What should I do? No monthly parking in the apartment. Development everywhere, but no parking available.


Added on November 1, 2011, 1:12 pm
Pacific is bad, over development, no landscape and garden with tree. Eve is worst!!!!!!
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I guess your apartment isn't so good in allocating parking space as Eve ya?

Eve seems to have some landscaping at the 5th floor, not sure if you've seen the brochure or not..


I cannot be 100% sure if Eve is able to make it big or not. (As contrary to somebody here who seems to be 100% sure, although we all do know there's no such thing as 100% in these kind of cases)

But I believe parking shouldn't be that big of an issue, as the tenants themselves have more than enough parking to use. Many I know are looking to rent out the parking spots to LRT users.
Those needing to take the LRT may park at NXZ or Eve (If the management permits). Definitely will have roadside parking, but if anything, the cars should be gone during the evening, so it shouldn't be too jammed up.

With Ara Damansara up and coming, I believe there is much potential in this property.
kelvinfixx
post Nov 1 2011, 01:39 PM

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QUOTE(kinyu @ Nov 1 2011, 01:22 PM)
I guess your apartment isn't so good in allocating parking space as Eve ya?

Eve seems to have some landscaping at the 5th floor, not sure if you've seen the brochure or not..
I cannot be 100% sure if Eve is able to make it big or not. (As contrary to somebody here who seems to be 100% sure, although we all do know there's no such thing as 100% in these kind of cases)

But I believe parking shouldn't be that big of an issue, as the tenants themselves have more than enough parking to use. Many I know are looking to rent out the parking spots to LRT users.
Those needing to take the LRT may park at NXZ or Eve (If the management permits). Definitely will have roadside parking, but if anything, the cars should be gone during the evening, so it shouldn't be too jammed up.

With Ara Damansara up and coming, I believe there is much potential in this property.
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Have you ever park at Eve? No, because it is not build yet. Just wait and see, it will be just like other apartment face.

Landscaping at 5 floor??? Please do the right thing, do it on the real mud, our land need tree not on the building.

Parking is a very big issue. The place use to be very jam if not because there is another tunnel.

I am not saying those who buy the apartment is doing the wrong investment. What I am saying is the developer and MPPJ does not really think about traffic and safety problems. I really hope they do.
katijar
post Nov 1 2011, 01:42 PM

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the tunnel still flood or not when heavy rain?
kelvinfixx
post Nov 1 2011, 01:45 PM

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QUOTE(katijar @ Nov 1 2011, 01:42 PM)
the tunnel still flood or not when heavy rain?
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No more I guess after they upgrade the road, I does not use it anymore. Anyone has any comment on these?
tehoice
post Nov 1 2011, 01:59 PM

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QUOTE(kelvinfixx @ Nov 1 2011, 01:45 PM)
No more I guess after they upgrade the road, I does not use it anymore. Anyone has any comment on these?
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err, I'm not too sure for now, but it used to flood at a very fast pace but the water also gone away at that rate.

This post has been edited by tehoice: Nov 1 2011, 01:59 PM
simplicio
post Nov 1 2011, 02:49 PM

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Just check with EVE SA
Only early bird gets 2 parking for studio,
so...there will be different in terms of rental play liaw and also appreciation.

so even all studio the same ID , the catch now is parking lot!!!
and no more early bird discount (5%) habis. Price increase 15k since early bird days!!



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