but it write there if you buy/sell 2 or more commi unit in 12 month time will have to register,

so make sure you not make 2 transection within 12 month

ask the taiko who bought 10 units... he already flipped 2

ada gst kah?

I don't think he will let you know the other side of the story. Most likely he will shun you off, tell you he doesn't look into those misc fees, or unless you join his crew (requirements, min $$$, or clean ccris).

my agent friends been bugging me about this one, is it a good buy now?

for commercial title, loan margin, tenure, and interest not so good... basically everything is much more expensive than normal residential property

some more below 1m, cannot sell to foreigner, if i buy now, next time dunno sell to who.. cannot be so many cash rich ppl

i also not sure buy or not, but seem like renting is better than buy...

In short SUI LUI 😈

who are you talking?

what I heard for commercial loan margin is up to 80% and tenure years mostly to 25 years only for MBB,UOB, Ambank, not sure about others bank package/offer.

I know for a fact that quite a number of banks give 85% MOF for commercial property loan including MBB, RHB, PBB, UOB & CIMB.

I also I know for a fact that CIMB gives up to 30 years tenure for commercial property loan. Not sure about others as I have yet to apply from them.

Rented for: RM1,700

Concluded by: Mori Ng of Greenfield Properties (010 220 4482)

When: August 2015

Noteworthy:

- Partially furnished with air conditioning units, kitchen cabinets, refrigerator and microwave

- Built-up area: 493 sq ft, 1 bathroom

- Accessible via Jalan Sultan Ismail and the Ampang-Kuala Lumpur elevated highway.

- On level 11 and offers a view of KL city

- Has swimming pool, gymnasium, function room, landscaped deck, food court and F&B outlets.

Summer Suites is a leasehold integrated development that features small offices/flexible offices and sits behind Renaissance Hotel Kuala Lumpur.

It has two 34-storey towers - Tower A with 404 units and Tower B with 475 units.

The project was launched in 2011. Half of the building’s tenants live there as residents, while the other half comprise businesses, especially those involved in interior design and IT, according to the agent.

A partially furnished unit enjoys rents of between RM1,900 and RM2,000 a month, while a fully furnished unit may enjoy rents of between RM2,100 and RM2,400 a month, said the agent.

Units range from 469 to 1,347 sq ft. The launch price starts from RM328,000.

According to data from theedgeproperty.com, based on 64 listings, the average monthly asking rent for 493 sq ft units is RM2,292, or RM4.65 psf.

However, the data did not include rental yield as there were no actual transactions, according to the National Property Information Centre, given that the project was completed in early 2Q2015.

your unit?

Good observation. Interest rate for commercial property loan is higher. Most importantly, it cannot be sold to foreigners and locals show less interest in office suites.

Any Summer Suites owners here received DBKL Assessment Statement yet?

2r2b @ 1100+ sf @ 900k

good deal?

Huh less than 1kpsf???

I tot the lard gor said b4 easily 1.3kpsf by 2015???

Knnccbmghmcbknspkm tat felo must b selling to followers with marked up price to cheat gao bank. Foolish.

Btw assuming he is chun bout 1.3kpsf. Is there any valid valuation to sapot his claim???

Or is it proven again he 大只讲车大炮???


This post has been edited by ManutdGiggs: Aug 22 2015, 10:39 AM

i dunno deswai asking here

apparently the agent told me is not subsale is developer unit

still developer unit many month after VP ah? apa macam ini?

sound like good deal but so many grey areas and uncertainty. not many ppl dare to gamble so much with property. stocks maybe. think prices here will continue to be depressed

because "loan fail"

Hi Guys,

Sorry to drop this here but i couldnt find another 'best option' thread to ask.. I am close to moving in here, however, i recently subscribed to TIME broadband. I asked the owner/agent, but he has no clue if they are going to cover it. I also checked the TIME coverage, but no mention there too. Last thing i wanna do is pay the damn 500rm (cancellation penalty)!! Any sort of assistance/help would be very appreciated.

Cheers,
JJ.