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

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AskarPerang
post Nov 6 2017, 08:32 AM

~tUPaI...~
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QUOTE(cjack3 @ Oct 30 2017, 02:58 PM)
Hiya everyone,

I was looking for a place to rent recently, and a friend of mine suggested Eve Suite. I read through some of the latest posts in this thread (as it spans years), and it seems this place has its own fair share of pros and cons. Could anyone share some of these pros and cons? smile.gif

With its rental price I'd like to really be sure about it first before jumping in
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Not sure the rental rate. But seems like direct link to LRT station also not able to bring the place up.
Many deserted shop lots. You should just go and take a look. Wander what's wrong. Too high rental maybe?
AskarPerang
post Nov 6 2017, 07:51 PM

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From: Outer Space



QUOTE(BEANCOUNTER @ Nov 6 2017, 04:58 PM)
But there are also some serviced apartments that are not attached to any malls or shops. This could be because the developer had converted the land status from “residential” to “commercial”. Why would they do this? Well, maybe the next point might shed some light.
4. You will have different population densities
Residential developments are built based on units or population per land size. However, commercial developments are based on plot ratio, which is the total built-up area per land size. This affects the number of neighbours you will have.

For example, say a developer gets permission to build a condominium based on a population of 1000 people per acre. Assuming 5 people live in a 1,000 square foot unit, a developer can only build a maximum of 200 units per acre of land.

One the other hand, let’s say a developer gets permission to build serviced apartments based on a plot ratio of 1:10. Now, for the same one acre of land (measuring about 44,000 square feet), the developer is allowed to build up to 440,000 square feet. That means developers can now easily build 400 units of 1,000 square foot apartments! Or even more, if they build smaller units.

Extract from propsocial.
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Yes. Spot on. It is to allow higher density ratio. Got nothing to do with want to or compulsory to open commercial shop or office down below.
Better not to have those commercial stuff if the surrounding is already convenient enough. Can have better privacy and security guarding the service apartment.

 

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