Is it Jason Lo then? tune money ceo?
Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
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 Dec 20 2014, 12:15 PM
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Senior Member
4,526 posts Joined: Mar 2006 
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Dec 25 2014, 08:15 PM
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Senior Member
930 posts Joined: Sep 2009
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Received notification from developer claiming for 2nd last draw down from my bank =)
Looks like completing very very soon |
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Dec 26 2014, 02:21 PM
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Senior Member
3,833 posts Joined: May 2008
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On unrelated matter, Fraser Residence is opening on 1qtr next year. The opening rate is RM288/night.
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Dec 26 2014, 03:13 PM
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Junior Member
117 posts Joined: Jul 2012
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QUOTE(R o Y @ Dec 25 2014, 08:15 PM) Received notification from developer claiming for 2nd last draw down from my bank =) Good news indeed! Looks like completing very very soon   Roy, looking at your email address, are you property agent? What's the prospective rental rate or selling price for this? |
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Jan 7 2015, 09:20 PM
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Junior Member
90 posts Joined: Jan 2011 From: Petaling Jaya 
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Any latest photo to share?
Received the completion report, only remaining 5%? VP should be early 2Q? |
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Jan 7 2015, 09:51 PM
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Senior Member
930 posts Joined: Sep 2009
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QUOTE(lionelmessi88 @ Dec 26 2014, 03:13 PM) Good news indeed! Hoping to get >1200psf for my unit :-) Roy, looking at your email address, are you property agent? What's the prospective rental rate or selling price for this? But if sell after April and above RM500k, will be subject to GST |
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Jan 7 2015, 10:04 PM
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Junior Member
117 posts Joined: Jul 2012
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QUOTE(R o Y @ Jan 7 2015, 09:51 PM) Hoping to get >1200psf for my unit :-) 1200psf, good good!But if sell after April and above RM500k, will be subject to GST What about rental? 6%GST will be charge on top of RPGT? Can give some example pls? |
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Jan 8 2015, 08:56 AM
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Senior Member
4,526 posts Joined: Mar 2006
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Can cendana fetch 1200 psf?
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Jan 8 2015, 10:24 AM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(JamesPond @ Jan 8 2015, 08:56 AM) Can cendana fetch 1200 psf? Cendana subsale cannot fetch 1200psf. However Cendana the minimum size is 2000sqft compared to Summer Suites 475sqft.Furthermore Cendana subsale/rental for the past 6 years was greatly affected by the construction from Crest, Platinum Face, Fraser Residence and Summer Suites. |
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Jan 8 2015, 10:25 AM
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Senior Member
930 posts Joined: Sep 2009
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QUOTE(JamesPond @ Jan 8 2015, 08:56 AM) Can cendana fetch 1200 psf? Cendana price much much lower. All are large units and its rent and sale badly affected by the 3 construction sites. Totally different product compared to the others coming up now though. |
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Jan 8 2015, 10:37 AM
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Senior Member
4,526 posts Joined: Mar 2006
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When everything is ready. Would Cendana time to shine?
If you willing to fork up 1k psf for summer suite. would you be willing a potential buyer to get cendana at 700psf? |
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Jan 8 2015, 10:47 AM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(JamesPond @ Jan 8 2015, 10:37 AM) When everything is ready. Would Cendana time to shine? It will cost buyer RM1.4m for 2000sqft@RM700psf in CendanaIf you willing to fork up 1k psf for summer suite. would you be willing a potential buyer to get cendana at 700psf? Where else even at RM1200psf, a 500sqft in Summer Suites cost RM600K, 2/5 of Cendana's price. And you get a brand new building compared to Cendana a 6 yo building.. There are many cases in KLCC where big psf discepancy between small and big size unit even within the same development due to affordability issue. Anyway, both are not a direct comparison. Both are serving different market and profile. This post has been edited by gks: Jan 8 2015, 10:58 AM |
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Jan 8 2015, 10:56 AM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(gks @ Jan 8 2015, 10:47 AM) It will cost buyer RM1.4m for 2000sqft@RM700psf in Cendana where as summer suites price is 1/4 of cendana. Moreover, it is commercial title that require to fork up 6% GST.Where else even at RM1200psf, a 500sqft in Summer Suites cost RM600K, 2/5 of Cendana's price. And you get a brand new building compared to Cendana a 6 yo building.. There are many cases in KLCC where big psf discepancies between small and big size unit even within the same development due to affordability issue. Anyway, both are not a direct comparison. Both are serving different market and profile. |
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Jan 8 2015, 11:01 AM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(JamesPond @ Jan 8 2015, 10:56 AM) where as summer suites price is 1/4 of cendana. Moreover, it is commercial title that require to fork up 6% GST. If just between SS and Cendana and this 6% gst has huge impact on the buying decision making rather than 2/5 of the price, then by all means buy Cendana.... |
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Jan 9 2015, 02:02 PM
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Junior Member
60 posts Joined: Jan 2015
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summber suite/vos 2 weeks ago photo.
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Jan 12 2015, 11:05 PM
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Junior Member
90 posts Joined: Jan 2011 From: Petaling Jaya
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Taken today
Attached thumbnail(s) 
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Jan 14 2015, 10:28 AM
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Junior Member
60 posts Joined: Jan 2015
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QUOTE(Robert L @ Jan 12 2015, 11:05 PM) Taken today anyone know the nearby Crest Sultan Ismail CF ready. doesn't seem to see people advertise for subsale and rental. |
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Jan 14 2015, 10:37 AM
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Junior Member
60 posts Joined: Jan 2015
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QUOTE(gks @ Jan 8 2015, 10:47 AM) It will cost buyer RM1.4m for 2000sqft@RM700psf in Cendana the price gap is due to affordabiliity on rental and price. in many klcc/bukit bintang area, tenant willing to pay 3K for studio but 4-5K only for 2/3 bedrooms. this is the reason bigger unit unable to justify higher price psf fr rental yield.Where else even at RM1200psf, a 500sqft in Summer Suites cost RM600K, 2/5 of Cendana's price. And you get a brand new building compared to Cendana a 6 yo building.. There are many cases in KLCC where big psf discepancy between small and big size unit even within the same development due to affordability issue. Anyway, both are not a direct comparison. Both are serving different market and profile. |
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Jan 28 2015, 02:41 PM
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All Stars
10,777 posts Joined: Sep 2009
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Jan 28 2015, 06:12 PM
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Junior Member
42 posts Joined: Sep 2014
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QUOTE(accetera @ Jan 28 2015, 02:41 PM) Thanks for the pic...Now what are we gonna do w our property |
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