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Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail

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Pai
post Jan 26 2011, 05:36 PM

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chess_gal, not yet.
Pai
post Feb 9 2011, 05:25 PM

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QUOTE(jeghui @ Feb 9 2011, 05:24 PM)
I think since a GLC is buying sunrise, no further action will be taken.

However, those non-bumis who bought bumi lots are now facing big-big problem.
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Sunrise will refund $$$ right?
Pai
post Feb 10 2011, 12:40 AM

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QUOTE(webby88 @ Feb 9 2011, 07:34 PM)
I can't believe such things is happening to a premier developer.

I thought for commercial property, it is not mandatory to provide bumi allocation.  However now Sunrise is becoming a GLC, things may be different now.  sad.gif
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Once VT was on board............the word "premier" shouldnt be used to describe Sunrise anymore......

Anyhow when I was buying, the Sunrise staff did mentioned while there r non-bumi's whacking bumi units.........there's no guarantee that the transfer will 100% materialize. Buyer of bumi units will need to take a punt n pray for the best.....they had no problems in the past to transfer bumi to non-bumi allocation ......... so I suppose many caved n whacked the bumi units non-the less....

Anyhow, think Sunrise has got one more card to play to save the bumi lot buyers...... wink.gif
Pai
post Feb 10 2011, 12:26 PM

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QUOTE(baharinsav62 @ Feb 10 2011, 12:15 PM)
Rugi 5 % or 7% (no discount) tapi untung 60% (gross profit on sale of prop) is to me, still good with at least 53% overall profit. Couldn't ask for better.

This bumi discount/allocation I treat as a privilege - if got, good ..if not, also good - as long as the prop is a good one. No point buying lousy prop with the discount.. in the end rugi also. After all, it's just policy, not law.
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This is a good example of a genuine investor notworthy.gif

Sometimes ppl often focus so much on 1 tiny leave but failed to look at the forest............ wink.gif
Pai
post Feb 22 2011, 11:52 AM

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QUOTE(accetera @ Feb 21 2011, 09:03 PM)

Sunrise has like a thousand times told ME and ALL this is a BUSINESS SUITE (commercial)...

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Thats bcoz it is what they r trained to tell you............. tongue.gif
Pai
post Feb 25 2011, 07:24 PM

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QUOTE(webby88 @ Feb 24 2011, 11:24 PM)
No work visible from Sunrise.  Land seem overgrown with lalang now.  sad.gif
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hehe personally I would prefer if they only start working in 2013...... wink.gif
Pai
post Feb 26 2011, 11:36 AM

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QUOTE(wonghs @ Feb 26 2011, 11:15 AM)
sooo expensive... GRR coz it is not market value...
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Bingo wink.gif
Pai
post Feb 27 2011, 11:16 PM

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QUOTE(jessy123 @ Feb 27 2011, 11:46 AM)
ask sunrise to confirm in writing if they say you can use it for residential purpose....and see what they say...

i remembered an interview they did after the launch and this was reported in the Edge , and the exec emphasized that they were business suites..

lots of hear say from SAs and whatever, until and unless you have it in writing in some form or another from Sunrise, it is what it says in the S&P..
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100% sure they won't put this in writing......
Pai
post Mar 1 2011, 12:48 AM

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Paiseh.....1st preference was to use it as residential........else as office don't see this ss breaking the 1200psf barrier in 2015.....

We better pray Sunrise is successful with the dual usage application.........
Pai
post Mar 4 2011, 06:21 PM

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QUOTE(kochin @ Mar 4 2011, 01:16 PM)
uh oh...
selling bumi units to non bumi. who are they referring to???
http://thestar.com.my/metro/story.asp?file...708&sec=central
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Sunrise dont have projects in Selangor right? smile.gif

Biggest suspect should be MEH sweat.gif
Pai
post Apr 20 2011, 12:59 AM

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QUOTE(accetera @ Apr 20 2011, 12:29 AM)
i heard a large project consisting of 3 blocks of 51 storeys will be built next to Summer Suites
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Platinum V?


Added on April 20, 2011, 1:00 am
QUOTE(accetera @ Apr 20 2011, 12:29 AM)
i heard a large project consisting of 3 blocks of 51 storeys will be built next to Summer Suites
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Platinum V?

This post has been edited by Pai: Apr 20 2011, 01:00 AM
Pai
post May 4 2011, 11:18 AM

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from the indicative pricing n size of PV................. SS looks like homerun liao............. wink.gif
Pai
post May 5 2011, 10:30 AM

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QUOTE(JamesPond @ May 4 2011, 05:32 PM)
pai,

you no longer looking new launch? subsale nowadays?
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I generally have no preference........look at anything so long as its a good buy...... just happen to look at subsales today as IMHO there is no worthwhile undercon projects lately.............
Pai
post May 6 2011, 09:52 PM

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QUOTE(JamesPond @ May 6 2011, 11:01 AM)
when can get another project like summer suite?
good location, good pricing
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Actually, most projects upon launch rarely has good pricing. From 2008 till now ............ except for TS ............. think there hasnt been any project that I would personally consider as having good pricing.............if fair pricing got many lah ...............


In fact even when SS was launched, there were still some quarters think its overpriced (as they were comparing it to Cendana) .......... wink.gif
Pai
post Jul 1 2011, 01:24 PM

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QUOTE(accetera @ Jul 1 2011, 01:21 PM)
YNH project

Sunrise one is still covered with jungle. laugh.gif
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bagus thumbup.gif
Pai
post Jul 2 2011, 02:49 PM

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QUOTE(kochin @ Jul 1 2011, 02:24 PM)
let me get this right.
sunrise project still untouched but sold out. completion date is 4 years, right?
ynh project, foundation completed. basement also almost complete. but yet to start selling. only preview, right?
wow!
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Now u know why the Sunrise one is damn cheap tongue.gif
Pai
post Jul 2 2011, 06:10 PM

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No disbs kua......would rather they start contracting in 2013 hehehehe.......


The less than 300k one can't be discussed now here as no info can be confirmed.......but u can find details in classifieds....look for Carmen's thread?
Pai
post Feb 23 2012, 04:00 PM

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shud be sold as an office again this VOS....................to escape 70% ltv restrictions...........

If I recall corectly DMC never say cannot sleep in SS.................. wink.gif
Pai
post Feb 23 2012, 04:07 PM

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QUOTE(kochin @ Feb 23 2012, 04:04 PM)
but don't think they will mention can sleep in it as well, right?  tongue.gif
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wink.gif
Pai
post Feb 23 2012, 04:20 PM

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QUOTE(prop99 @ Feb 23 2012, 04:08 PM)
rm1000 psf??? Wow!!!
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sure boh? hmm.gif

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