Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail
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  Dec 18 2010, 02:07 PM, updated 10y ago
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#1
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All Stars
10,777 posts Joined: Sep 2009  
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Introducing a SOHO concept
within the planned development of Solaris KL SUMMER SUITES @ MENARA SOLARIS Launching soon! From RM328,000 Developer: Sunrise Bhd Location: Next to Renaissance Hotel and Cendana Jalan Sultan Ismail Description: It is believed to be fronting JSI and cemetery view will be blocked by YNH's under-construction Fraser Residence   This post has been edited by accetera: Sep 4 2015, 10:39 PM |
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Dec 18 2010, 03:39 PM
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#2
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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rm328k for how many sq feet.
150sq feet or less? |
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Dec 18 2010, 03:46 PM
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#3
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All Stars
10,777 posts Joined: Sep 2009
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Dec 18 2010, 04:01 PM
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#4
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Junior Member
116 posts Joined: Sep 2008 From: PJ & Shah Alam, Kuala Lumpur, Selangor, Malaysia 
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WoW.. Awesome details.. Great job..!!
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Dec 18 2010, 04:09 PM
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#5
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Senior Member
4,526 posts Joined: Mar 2006
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freehold?
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Dec 18 2010, 04:20 PM
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#6
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Senior Member
3,930 posts Joined: Jan 2003 From: KL 
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at the price this is a SUITE or SOHO?
more likely a SUITE with 'soho concept'? |
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Dec 18 2010, 04:21 PM
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#7
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All Stars
10,777 posts Joined: Sep 2009
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This project will be certified GREEN by Singapore index.
Surely expensive. No? With dat price, i think we are buying oni a pantry space. LOL This post has been edited by accetera: Dec 18 2010, 04:23 PM |
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Dec 18 2010, 05:02 PM
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#8
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Junior Member
169 posts Joined: Nov 2010
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Summer Suites staring from Rm328k~
Sounds like very good bargain as the location is in Golden Triangle |
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Dec 18 2010, 08:00 PM
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#9
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(Mr.Audi @ Dec 18 2010, 05:02 PM) Summer Suites staring from Rm328k~ Maybe 200 sf per building block. Add and you get the total. Just like lego boxes. Sounds like very good bargain as the location is in Golden Triangle   |
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Dec 18 2010, 08:09 PM
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Senior Member
1,518 posts Joined: Jul 2009 From: Are Lock Stuck, France
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RM328k = 100 sf
RM 3 million = 1000 sf |
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Dec 18 2010, 10:44 PM
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Newbie
2 posts Joined: Jun 2009
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thank u for d info .
+  hopefully d developer dun sell all d unit (tat price) to his/her relative  . |
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Dec 20 2010, 11:31 PM
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All Stars
10,777 posts Joined: Sep 2009
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insider selling??
anyone called up the phone number yet? |
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Dec 21 2010, 08:31 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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someone please call the number in yesterdays's star to get more info?
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Dec 21 2010, 08:59 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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most likely sold already one the smallest units to insiders
This post has been edited by yoki: Dec 21 2010, 08:59 AM |
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Dec 21 2010, 10:11 AM
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Junior Member
14 posts Joined: Oct 2010
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no point calling.. no information to be given on build up area, Psf price..
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Dec 21 2010, 11:15 AM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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exciting project. need to follow up
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Dec 21 2010, 09:31 PM
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Senior Member
4,526 posts Joined: Mar 2006
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300k...everyone can afford..
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Dec 21 2010, 10:05 PM
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All Stars
10,777 posts Joined: Sep 2009
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i think if 500k everyone aso can afford coz its KL Golden Triangle area.. LOL
the earlier rendering/proposal QUOTE   |
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Dec 21 2010, 10:21 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(accetera @ Dec 21 2010, 10:05 PM) i think if 500k everyone aso can afford coz its KL Golden Triangle area.. LOL Depending on psf pricing. This seems to be highly anticipated now with high expectations set and hope it does not disappoint.  |
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Dec 21 2010, 10:38 PM
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Senior Member
4,790 posts Joined: Dec 2008
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errmm.... this SOHO consider apply to 70% LTV ?
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Dec 22 2010, 12:12 AM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(cutealex @ Dec 21 2010, 10:38 PM) errmm.... this SOHO consider apply to 70% LTV ? Soho is deemed residential so 70% applies. Unless it is stated as Office then u may get 90%. |
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Dec 22 2010, 03:56 AM
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Senior Member
1,850 posts Joined: Nov 2005
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Sounds a bit too good to be true....Right in the middle of golden triangle. Anyway please keep us updated.. I am looking towards buying my first property.. either as an investment or just for myself to stay...
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Dec 22 2010, 08:22 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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wah..so many interested.. think need to que for days then.
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Dec 22 2010, 10:42 AM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(clivengu @ Dec 22 2010, 03:56 AM) Sounds a bit too good to be true....Right in the middle of golden triangle. Anyway please keep us updated.. I am looking towards buying my first property.. either as an investment or just for myself to stay... At first yes, but looking at the leasehold status as as all the cemetary right beside it, it make more sense to have that price...but in terms of investment, still sound good. |
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Dec 22 2010, 12:37 PM
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All Stars
10,777 posts Joined: Sep 2009
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i think the cemetery is not beside it as it will be blocked by Fraser Residence...
fyi the construction of YNH's Fraser Residence has started few months back...... lotsa machineries there... my oni question is this SOHO will be facing where? |
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Dec 22 2010, 01:36 PM
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Senior Member
4,526 posts Joined: Mar 2006
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Anyone call sunrise yet?
Lets start a group booking.. patchay is the kepala. |
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Dec 22 2010, 01:38 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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creating such hype, benefits no buyers but developers only
prompt them to raise the ceiling price |
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Dec 22 2010, 01:42 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(yoki @ Dec 22 2010, 01:38 PM) creating such hype, benefits no buyers but developers only This is exactly what Sunrise is hoping by keeping sunset at bay.prompt them to raise the ceiling price |
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Dec 22 2010, 01:50 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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what about ynh? what is their product and pricing?
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Dec 22 2010, 01:54 PM
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Senior Member
4,526 posts Joined: Mar 2006
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I cant find anything near this in that area...
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Dec 22 2010, 04:59 PM
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Junior Member
14 posts Joined: Oct 2010
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FYI, 2 towers, 33 floors each. Access through Jalan Cendana, main entrance just opposite Cendana Tower.
Added on December 22, 2010, 5:00 pm QUOTE(accetera @ Dec 22 2010, 12:37 PM) i think the cemetery is not beside it as it will be blocked by Fraser Residence... Facing Jalan Sultan Ismail..fyi the construction of YNH's Fraser Residence has started few months back...... lotsa machineries there... my oni question is this SOHO will be facing where? This post has been edited by Lenado: Dec 22 2010, 05:00 PM |
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Dec 22 2010, 05:26 PM
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Senior Member
4,177 posts Joined: Jan 2003
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wonder RM328k which floor applicable, size, parking lot..
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Dec 22 2010, 05:30 PM
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All Stars
10,777 posts Joined: Sep 2009
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fyi, it's facing the abandoned Duta Hyatt....
and heard dat Duta Hyatt is resuming in a few years time. It's earlier plans is a 52-storey condotel.... |
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Dec 22 2010, 05:40 PM
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Senior Member
4,526 posts Joined: Mar 2006
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patchay,
you not keen? |
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Dec 22 2010, 06:00 PM
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Junior Member
14 posts Joined: Oct 2010
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QUOTE(mingyew @ Dec 22 2010, 05:26 PM) wonder RM328k which floor applicable, size, parking lot.. lowest floor.. smallest unit.. |
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Dec 22 2010, 06:06 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(Lenado @ Dec 22 2010, 06:00 PM) lowest floor.. smallest unit.. small is how small? 400 sf? |
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Dec 22 2010, 07:57 PM
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Senior Member
4,526 posts Joined: Mar 2006
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if 400sf is good
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Dec 22 2010, 08:22 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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one reminder also: lowyat, skycrappercity, myrealestate, realestate.net.my are all forum closely monitored by various marketing intelligence team of the developer.
What you say here might have impact, little or big one to the direction of the development. Just a two cents headsup... |
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Dec 22 2010, 08:37 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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Nowadays all Malaysian monitor this forums? I thought monoland only...
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Dec 22 2010, 08:47 PM
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Junior Member
51 posts Joined: Feb 2009
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QUOTE(JamesPond @ Dec 22 2010, 07:57 PM) if 400sf is good 400sf enough to set up an office? Isn't that a bit too small, perhaps enough for personal stay only. |
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Dec 22 2010, 09:38 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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for home office, 400sqft is considered ok lar....
Best size for SOHO is 550-600sqft |
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Dec 22 2010, 09:58 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(surf-it @ Dec 22 2010, 08:22 PM) one reminder also: lowyat, skycrappercity, myrealestate, realestate.net.my are all forum closely monitored by various marketing intelligence team of the developer. What you say here might have impact, little or big one to the direction of the development. Just a two cents headsup... QUOTE(JamesPond @ Dec 22 2010, 05:40 PM) patchay, ok lah but need more info... NEED MORE INFO!you not keen? This post has been edited by accetera: Dec 22 2010, 09:59 PM |
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Dec 22 2010, 10:00 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(surf-it @ Dec 22 2010, 08:22 PM) one reminder also: lowyat, skycrappercity, myrealestate, realestate.net.my are all forum closely monitored by various marketing intelligence team of the developer. If that is the case, then we should talk about the negative stuff about this development. What you say here might have impact, little or big one to the direction of the development. Just a two cents headsup... This place is near cemetery, kampung that forever be on the drawing board for development, near the highway (AKLEH), a few meters from the monorail track, leasehold, abandoned building like ex Hyatt and bandar Wawasan, nearer to Jalan TAR, Chowkit, Lorong Haji Taib, Super Jam area, dirty river etc etc. With these factors a pigeonhole at rm320 is still a good buy? |
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Dec 22 2010, 11:37 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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if they are watching, i would rather say this...
give us 5% earlybird rebate and then DIBS, fully furnished becoz there are no selling points on this due to the above shared -ve points most importantly, RM320k is tooooooooo expensive should offer below RM288k  This post has been edited by lelynx: Dec 22 2010, 11:38 PM |
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Dec 22 2010, 11:48 PM
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All Stars
10,777 posts Joined: Sep 2009
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if offer 288k and below we all bulk sapu all units LOL...
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Dec 23 2010, 12:01 AM
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Junior Member
982 posts Joined: Apr 2008
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QUOTE(accetera @ Dec 22 2010, 11:48 PM) if offer 288k and below we all bulk sapu all units LOL... Hi Patchay,Been following your blog for some time and I really like it. Keep up the good job!  |
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Dec 23 2010, 10:00 AM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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288k?! Nice number for Chinese New year man... lolz...
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Dec 23 2010, 11:38 AM
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Senior Member
820 posts Joined: Jan 2003
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1000 over units...super high dense...
328k is too expensive...maybe 288k is a better price! |
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Dec 23 2010, 12:21 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(eXTaTine @ Dec 23 2010, 11:38 AM) 1000 over units...super high dense... super duper high density. I wonder how DBKL can give approval on such development.328k is too expensive...maybe 288k is a better price! |
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Dec 23 2010, 02:44 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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Sunrise offer now unconditional
PETALING JAYA: The takeover offer by UEM Land Holdings Bhd to buy all shares in Sunrise Bhd has become unconditional yesterday, the former told Bursa Malaysia. All the conditions have been met after UEM Land shareholders approved all the resolutions at its EGM yesterday. Any clue/hint? quote from: http://www.starproperty.my/PropertyScene/P...tyNews/9160/0/0 |
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Dec 23 2010, 03:41 PM
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Senior Member
4,526 posts Joined: Mar 2006
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unconditional means what?
yes or not? |
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Dec 23 2010, 04:17 PM
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All Stars
10,777 posts Joined: Sep 2009
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sure yes ared lah...
Got >1,000 units means Jln Sultan Ismail die lor. But then, more ppl will want to stay/rent home nearby to their office then. I think dis project will be the first to be launched under UEM-Sunrise Group? |
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Dec 23 2010, 04:36 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(JamesPond @ Dec 23 2010, 03:41 PM) unconditional means what? It means that if you are interested in this project, you waiting list becomes longer. First those with cable to Sunrise get to book first, then UEM cable will be next in line. yes or not?  Added on December 23, 2010, 4:37 pm QUOTE(accetera @ Dec 23 2010, 04:17 PM) sure yes ared lah... Good buy or goodbye?Got >1,000 units means Jln Sultan Ismail die lor. But then, more ppl will want to stay/rent home nearby to their office then. I think dis project will be the first to be launched under UEM-Sunrise Group? This post has been edited by webby88: Dec 23 2010, 04:37 PM |
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Dec 23 2010, 05:01 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(webby88 @ Dec 23 2010, 04:36 PM) It means that if you are interested in this project, you waiting list becomes longer. First those with cable to Sunrise get to book first, then UEM cable will be next in line. didn't see taikor Pai commenting on this projectAdded on December 23, 2010, 4:37 pm Good buy or goodbye? same with Patchay, i need more info as what i heard was 1 block soho only, not sure about the second block |
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Dec 23 2010, 05:30 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(lelynx @ Dec 23 2010, 05:01 PM) didn't see taikor Pai commenting on this project Maybe all the taikor got strong cable so no need to comment here first. Action first then talk here.same with Patchay, i need more info as what i heard was 1 block soho only, not sure about the second block |
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Dec 23 2010, 06:02 PM
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Senior Member
4,526 posts Joined: Mar 2006
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Who is Pai?
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Dec 23 2010, 10:37 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(JamesPond @ Dec 23 2010, 06:02 PM) Who is Pai? Pai is de taikor in property investment.Patchay is de taikor in property gossipping. LOL....... |
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Dec 23 2010, 11:11 PM
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Senior Member
4,790 posts Joined: Dec 2008
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lolzz
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Dec 23 2010, 11:46 PM
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Junior Member
20 posts Joined: Nov 2010
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Think it's jz all hype to steal ppl's attention. Wouldn't be surprise if they announce ALL 328k units sold out even before soft launching. We're conned people! lol..
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Dec 23 2010, 11:56 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(claritzel @ Dec 23 2010, 11:46 PM) Think it's jz all hype to steal ppl's attention. Wouldn't be surprise if they announce ALL 328k units sold out even before soft launching. We're conned people! lol.. Not a surprise at all if this happens. |
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Dec 24 2010, 01:06 AM
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Junior Member
88 posts Joined: Oct 2007
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is it already launch?what i heard it only register?but it worth to but..~~!!coz sunrise project^^
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Dec 24 2010, 11:34 AM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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My simple view for this dev.....if u can get units priced at around 800psf.....with sizes below 600sqf................ Can whack!!!
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Dec 24 2010, 03:42 PM
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All Stars
10,777 posts Joined: Sep 2009
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Pai has spoken... finally!
Thanks man... This post has been edited by accetera: Dec 24 2010, 03:43 PM |
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Dec 24 2010, 03:54 PM
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Senior Member
4,526 posts Joined: Mar 2006
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i dont think can get 800 psf........
if yes, then the offer of 350k/800 = 440psf in golden triangle? |
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Dec 24 2010, 05:35 PM
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Junior Member
187 posts Joined: Jul 2010
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QUOTE(JamesPond @ Dec 24 2010, 03:54 PM) i dont think can get 800 psf........ I am sure you have done your calculation while half asleep. if yes, then the offer of 350k/800 = 440psf in golden triangle?  |
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Dec 24 2010, 06:10 PM
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Senior Member
1,360 posts Joined: Mar 2010
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QUOTE(JamesPond @ Dec 24 2010, 03:54 PM) i dont think can get 800 psf........ 440 square feet in size if yes, then the offer of 350k/800 = 440psf in golden triangle? not RM440 per square feet. |
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Dec 24 2010, 06:13 PM
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Senior Member
6,747 posts Joined: Sep 2010
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Market seems quiet a bit after LTV 70%, probably best time to enter anything <RM1000/sf
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Dec 24 2010, 06:15 PM
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Senior Member
1,360 posts Joined: Mar 2010
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QUOTE(UFO-ET @ Dec 24 2010, 06:13 PM) Market seems quiet a bit after LTV 70%, probably best time to enter anything <RM1000/sf PJ area subsales is going slow. |
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Dec 24 2010, 07:00 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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Enter below rm1000 per sq feet?
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Dec 24 2010, 09:51 PM
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All Stars
10,777 posts Joined: Sep 2009
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info confirmed: Golden Triangle location, fronting the jewel road JSI
- KLCC, LRT, Monorail, clubs/pubs/restaurants within walking distance - leasehold and cemetery nearby, facing abandoned building assuming 500 sq ft assuming average price of RM400k (lowest estimate) my assumption = 400,000 / 500 = RM800 per sq ft then wat does it comes with? - serviced apartment or SOHO? - density? another block is office tower? - mostly small or large, or 1,000 units of all same small sizes? - have DIBS or NO DIBS? - furnished or vacant unit? - free SPA, legal fees, stamp duties, etc? - any rental scheme? This post has been edited by accetera: Dec 24 2010, 09:58 PM |
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Dec 25 2010, 12:30 AM
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Junior Member
230 posts Joined: Dec 2009
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There are pro & con for this Dev... Anyway, the information is incomplete and no point for guessing so early. For sure sunrise will not stupid selling too cheap. As you can see the MK price from thier launch.
On another hand, surrounding also started quick few development and by time that road surely jam.... One good point that more building mean someone will prefer stay nearby... But will this applied in KL or you will prefer stay in big houses instead of 400sqf? Or expat also prefer 400sqf to live? To rent out is that so easy? As 1000 SOho going to be VP at the same times.... Again see who hv the luck to sell fast or rent fast... Good luck everyone... |
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Dec 25 2010, 01:23 AM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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1000 units...that's unimaginable..
the competitive within the Summer Suites Blk 1 and blk2 will be darn fierce...but good thing is...blk 1 entry price should be lower than blk2.... well, that's always the way it is isn't it... |
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Dec 27 2010, 01:06 AM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(airline @ Dec 22 2010, 08:37 PM) Nowadays all Malaysian monitor this forums? I thought monoland only... Trinity group monitor as well.. the SA told me they saw wat i wrote.. sweat  Added on December 27, 2010, 1:14 am QUOTE(surf-it @ Dec 25 2010, 01:23 AM) 1000 units...that's unimaginable.. Need to get units that stand out compare to the rest, that will be the key to win tenants over.. the competitive within the Summer Suites Blk 1 and blk2 will be darn fierce...but good thing is...blk 1 entry price should be lower than blk2.... well, that's always the way it is isn't it... So anyone preparing for long q??  This post has been edited by eugene jk: Dec 27 2010, 01:14 AM |
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Dec 27 2010, 07:16 PM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(cranx @ Dec 24 2010, 06:10 PM) 440 square feet in size yes, wrongly type a P in frontnot RM440 per square feet. Added on December 27, 2010, 7:17 pmwhat is Trinity? This post has been edited by JamesPond: Dec 27 2010, 07:17 PM |
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Dec 28 2010, 07:33 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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trinity develop the Zest
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Dec 28 2010, 04:47 PM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(airline @ Dec 28 2010, 07:33 AM) trinity develop the Zest not a well know developer, compared to some small fish like empire/titijaya |
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Dec 28 2010, 10:15 PM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(JamesPond @ Dec 28 2010, 04:47 PM) not a well know developer, compared to some small fish like empire/titijaya forget about zest, trinity g or small fish wat so ever.. lets get back to SS .. my bad |
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Jan 4 2011, 11:40 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(Pai @ Dec 24 2010, 11:34 AM) My simple view for this dev.....if u can get units priced at around 800psf.....with sizes below 600sqf................ Can whack!!! Me very serious, pls let me know if you go 016-2420696. BBB tq! |
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Jan 5 2011, 10:04 AM
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Senior Member
820 posts Joined: Jan 2003
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Can the graveyard be seen from one side of the development? Might not be so great in that case...
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Jan 5 2011, 11:04 AM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(eXTaTine @ Jan 5 2011, 10:04 AM) Can the graveyard be seen from one side of the development? Might not be so great in that case... Blocked by YNH new service apartment |
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Jan 6 2011, 08:27 PM
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Senior Member
4,526 posts Joined: Mar 2006
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let me know also...
Added on January 6, 2011, 9:20 pmlet me know also... This post has been edited by JamesPond: Jan 6 2011, 09:20 PM |
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Jan 10 2011, 04:04 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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It's the time...
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Jan 10 2011, 04:11 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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how big the rm328K? anyone can confirm?
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Jan 10 2011, 04:21 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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my guess is 328sqf
dun think sunrise will sell cheap |
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Jan 10 2011, 04:34 PM
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Senior Member
5,488 posts Joined: Jun 2008
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OMG 328sf?
but still better than SOHO units in CentreStage PJ Sect13 which is from 302sf...LOL |
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Jan 10 2011, 04:37 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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rule of thumb will be, anything close to 500sqft, whack nia...
:-) |
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Jan 10 2011, 04:44 PM
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Senior Member
2,406 posts Joined: Jan 2003
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ya babe...
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Jan 10 2011, 04:47 PM
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Senior Member
820 posts Joined: Jan 2003
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Hope they dun waste our time make us travel far but sell at ridiculously expensive prices...
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Jan 10 2011, 04:50 PM
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Senior Member
4,526 posts Joined: Mar 2006
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it is 450sf
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Jan 10 2011, 05:05 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(JamesPond @ Jan 10 2011, 04:50 PM) it is 450sf Confirmed or not Bro Jamesbond? |
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Jan 10 2011, 05:06 PM
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Senior Member
2,934 posts Joined: Dec 2010
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im guessing 500sq ft. but really ah must RSVP?
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Jan 10 2011, 05:14 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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wat the...why RSVP
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Jan 10 2011, 05:15 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(yoki @ Jan 10 2011, 05:14 PM) wat the...why RSVP Just go nia la...ppl gonna queue up for this anyway...remember to go early. |
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Jan 10 2011, 05:16 PM
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Senior Member
820 posts Joined: Jan 2003
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I hope they will provide at least 500 sqft...
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Jan 10 2011, 05:17 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(eXTaTine @ Jan 10 2011, 05:16 PM) I hope they will provide at least 500 sqft... then u must go extra early |
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Jan 10 2011, 05:21 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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que overnite u mean. not early
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Jan 10 2011, 05:26 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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dun even know what is the subsequent pricing
then just queue nia meh it can be just 1 units leh? no? |
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Jan 10 2011, 05:27 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(airline @ Jan 10 2011, 05:21 PM) que overnite u mean. not early dunno group purchase got discount or not...hahabut at this price, dun expect anymore discount or freebie la... |
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Jan 10 2011, 05:32 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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no banker here can confirm? usually they very active one
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Jan 10 2011, 05:32 PM
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Senior Member
4,526 posts Joined: Mar 2006
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who going to buy? any group ppl form?
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Jan 10 2011, 05:39 PM
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Senior Member
974 posts Joined: Sep 2005
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how to rsvp for the e-invite?
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Jan 10 2011, 05:40 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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let's wait & confirm the size and the detail first lar...
anyway dun forget the downside of this project oso: - leasehold - cemetary - kampung baru - facing abandoned building - might be too small for a size of studio - maybe too high density (last time I heard 1000+ units) - concept (IMHO is the most important factor!!!!!!) This post has been edited by surf-it: Jan 10 2011, 05:45 PM |
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Jan 10 2011, 06:00 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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if it is residential 30% down also is not a small amount
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Jan 10 2011, 06:13 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(yoki @ Jan 10 2011, 06:00 PM) if it is residential 30% down also is not a small amount It is commercial, but it seems the agents are saying only 70% loan. Not sure how true this is... |
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Jan 10 2011, 07:42 PM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(eXTaTine @ Jan 10 2011, 06:13 PM) It is commercial, but it seems the agents are saying only 70% loan. Not sure how true this is... loan for commercial usually will not get high MOF as compared to residential loan.. at most also 80 to 85% ...Wow... if its only 70%, I guess the rich will get richer.. middle and small time investor will just hav to stand aside and watch..  This post has been edited by eugene jk: Jan 10 2011, 07:43 PM |
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Jan 10 2011, 07:55 PM
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Senior Member
2,588 posts Joined: Nov 2005
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heard from sunrise salesperson, it will be launch on 15 Jan but for invited guest only.
Anyone got the invitation? |
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Jan 10 2011, 08:11 PM
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Senior Member
2,934 posts Joined: Dec 2010
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invitation or not someone gotta bring the house down?
y invitation? 1.racism 2.benefit the rich 3.benefit the cronies and nepoties what have we become? |
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Jan 10 2011, 08:18 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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why invited guest only why?
This post has been edited by yoki: Jan 10 2011, 08:38 PM |
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Jan 10 2011, 08:21 PM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(jeghui @ Jan 10 2011, 08:11 PM) invitation or not someone gotta bring the house down? Fren.. dun jump into conclusion please... ordinary folks with no property investment track record also got the invitation la...y invitation? 1.racism 2.benefit the rich 3.benefit the cronies and nepoties what have we become? Those who registered on their webpage (those early one I guess) got the invitation... So did u register and u got the invi or not ? This post has been edited by eugene jk: Jan 10 2011, 08:22 PM |
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Jan 10 2011, 08:23 PM
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Senior Member
2,934 posts Joined: Dec 2010
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i registered, no invi. why?
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Jan 10 2011, 08:27 PM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(jeghui @ Jan 10 2011, 08:23 PM) i registered, no invi. why? Maybe register 1st come 1st serve.. maybe system random pick.. all I know I hav fren who saja register also got the e-invi.. not to say he is VVIP, got connection or wat  |
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Jan 10 2011, 09:37 PM
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Senior Member
2,934 posts Joined: Dec 2010
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maybe because of my race because when asked to register there's option for Malay chinese indian others.
so i dont rule that out also. |
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Jan 10 2011, 09:42 PM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(jeghui @ Jan 10 2011, 09:37 PM) maybe because of my race because when asked to register there's option for Malay chinese indian others. dont make up assuption out of thin air la... duh.. so i dont rule that out also. my fren chinese.. so consider racist or not?? This post has been edited by eugene jk: Jan 10 2011, 09:47 PM |
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Jan 10 2011, 09:50 PM
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Junior Member
155 posts Joined: Jan 2003 From: Cyber Jaya
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The price is so affordable, some more in the heart of KL triangle sphere. But with such price, the unit is going to be extremely small.
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Jan 10 2011, 10:01 PM
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Junior Member
265 posts Joined: Sep 2007
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Cautiously keen on this project. Limiting invitees to create a bbb atmosphere ? Or to gauge response for fine-tuning (increase) prices later ? Or because of opening limited units to gauge public response ? Or could be registration to mine registrant data for analysis. If anyone goes, pls keep us updated. I din register anyway.
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Jan 10 2011, 10:06 PM
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Senior Member
2,847 posts Joined: Oct 2010
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This is totally out of my league, but good reading.
Thanks. |
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Jan 10 2011, 10:09 PM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(dripinrain @ Jan 10 2011, 10:01 PM) Cautiously keen on this project. Limiting invitees to create a bbb atmosphere ? Or to gauge response for fine-tuning (increase) prices later ? Or because of opening limited units to gauge public response ? Or could be registration to mine registrant data for analysis. If anyone goes, pls keep us updated. I din register anyway. I think it is more for crowd control.. Sunrise already know this project is gonna be hot thus sending invitation to avoid overwhelming crowd in their office... |
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Jan 10 2011, 10:10 PM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(eugene jk @ Jan 10 2011, 09:42 PM) dont make up assuption out of thin air la... duh.. if it's not racism then i dunno what's the reason.my fren chinese.. so consider racist or not?? im not chinese btw. but i was forced to declare what race in the form. ini macam government forms ni... noone bising also! |
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Jan 10 2011, 10:12 PM
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Junior Member
230 posts Joined: Dec 2009
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Got news.... Is starting from 450sqf for 330k!... Is about 800psf!
This post has been edited by ethan99: Jan 11 2011, 03:05 AM |
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Jan 10 2011, 10:13 PM
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Senior Member
722 posts Joined: Nov 2010
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What happen if I go without E-Invite?
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Jan 10 2011, 10:14 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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should be not so favorable facing, and low floor and etc
normal units should be 900-1000sqf guess |
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Jan 10 2011, 10:21 PM
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Senior Member
2,934 posts Joined: Dec 2010
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surely this is leasehold?
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Jan 10 2011, 10:33 PM
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Junior Member
265 posts Joined: Sep 2007
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QUOTE(jeghui @ Jan 10 2011, 10:10 PM) if it's not racism then i dunno what's the reason. Glc is close to formally controlling sunrise, launch seems timed to bring up share prices & signal a good start for uem. But will be interesting to watch if this is a good start for investors who look forward to make some $. As long as it is a soho, everyone's antennas pops up & overlook all other countervailing factors im not chinese btw. but i was forced to declare what race in the form. ini macam government forms ni... noone bising also!  Soho rules !? Anyone got any floor plan ? From facade it looks like office building. Toilets windowless in the middle of unit i presume. |
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Jan 10 2011, 11:06 PM
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Junior Member
187 posts Joined: Jul 2010
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If husband is subject to LTV70% but wife can still get 90%, can the property be purchased under joint name but loan is only wife name?
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Jan 11 2011, 01:35 AM
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All Stars
10,777 posts Joined: Sep 2009
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This project is leasehold.
Launching soon................................. ----------------------------------------- |
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Jan 11 2011, 08:43 AM
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Senior Member
1,050 posts Joined: Jan 2011
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i got the invitation.....
but not sure whether i wan to go or not.....cause i dun think i will buy the studio..... undecided...... |
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Jan 11 2011, 09:24 AM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(ethan99 @ Jan 10 2011, 10:12 PM) Got news.... Is starting from 450sqf for 330k!... Is about 800psf! I was hoping for 500sqft or more...uhmmm...Any other freebie? DIBS? Really like to see how they layout the floorplan... |
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Jan 11 2011, 09:28 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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if dun have dibs, need to pay loan agreement, snp disbursement?
will you buy? |
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Jan 11 2011, 10:04 AM
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Junior Member
187 posts Joined: Jul 2010
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QUOTE(noswear @ Jan 11 2011, 08:43 AM) i got the invitation..... may i know why u not interested in studios?but not sure whether i wan to go or not.....cause i dun think i will buy the studio..... undecided...... |
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Jan 11 2011, 10:26 AM
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Junior Member
64 posts Joined: Jan 2003
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QUOTE(groggy @ Jan 10 2011, 11:06 PM) If husband is subject to LTV70% but wife can still get 90%, can the property be purchased under joint name but loan is only wife name? Is this possible? |
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Jan 11 2011, 10:39 AM
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Senior Member
1,050 posts Joined: Jan 2011
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QUOTE(Evar @ Jan 11 2011, 10:26 AM) Is this possible? Everywhere also launch studio......if tak laku cannot rent out.... Do we really have so many expat ah?? how to own stay.....lol so small...... |
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Jan 11 2011, 10:45 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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QUOTE(noswear @ Jan 11 2011, 10:39 AM) Everywhere also launch studio...... yes everywhere small units, cannot even for ownstayif tak laku cannot rent out.... Do we really have so many expat ah?? how to own stay.....lol so small...... |
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Jan 11 2011, 10:46 AM
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Senior Member
2,934 posts Joined: Dec 2010
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got info.
500sq ft - 1000 sq ft 4 years to complete |
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Jan 11 2011, 10:54 AM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(jeghui @ Jan 11 2011, 10:46 AM) got info. 2015 completion ??!!500sq ft - 1000 sq ft 4 years to complete |
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Jan 11 2011, 10:57 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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why so long?
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Jan 11 2011, 11:07 AM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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long completion period with dibs offer?
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Jan 11 2011, 11:11 AM
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Senior Member
2,934 posts Joined: Dec 2010
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i dunno. the guy on the phone answered. sounded so kerek also.
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Jan 11 2011, 01:24 PM
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Junior Member
259 posts Joined: Oct 2010
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Size:
470 sf 493 sf 576 sf 636 sf 795 sf 903 sf 1133 sf 1348 sf Added on January 11, 2011, 1:25 pmAverage indicative price = RM755 psf No car park With attached bathroom & pantry Added on January 11, 2011, 1:26 pmthis saturday preview for the first 1000 registrants Next 1000 registrants the next batch TOTAL unit is 400 Added on January 11, 2011, 1:28 pmThis is first block. Another block coming. Added on January 11, 2011, 1:30 pmBBB? This post has been edited by wonghs: Jan 11 2011, 01:30 PM |
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Jan 11 2011, 01:33 PM
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Junior Member
64 posts Joined: Jan 2003
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This is new
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Jan 11 2011, 01:35 PM
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Junior Member
259 posts Joined: Oct 2010
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Congratulations to those registered early...
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Jan 11 2011, 01:41 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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no parking is a turn off!!!
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Jan 11 2011, 01:50 PM
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Junior Member
259 posts Joined: Oct 2010
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that is your opinion.
i think it will sold out within a day... |
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Jan 11 2011, 01:56 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(wonghs @ Jan 11 2011, 01:24 PM) Size: Mine is second week, habislah! congrats to those early birdsss470 sf 493 sf 576 sf 636 sf 795 sf 903 sf 1133 sf 1348 sf Added on January 11, 2011, 1:25 pmAverage indicative price = RM755 psf No car park With attached bathroom & pantry Added on January 11, 2011, 1:26 pmthis saturday preview for the first 1000 registrants Next 1000 registrants the next batch TOTAL unit is 400 Added on January 11, 2011, 1:28 pmThis is first block. Another block coming. Added on January 11, 2011, 1:30 pmBBB? |
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Jan 11 2011, 01:56 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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bro wong...serious?
gonna be so hot meh? also got big units also mar |
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Jan 11 2011, 01:57 PM
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Junior Member
259 posts Joined: Oct 2010
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Should congrat those VVIP, not the first batch of 1000...
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Jan 11 2011, 01:57 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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mine also second week, shit... congrats to earier registrants
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Jan 11 2011, 01:58 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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any news on dibs scheme?
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Jan 11 2011, 01:58 PM
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Senior Member
983 posts Joined: Jul 2008
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If you are able to get 328k then can consider. This range you are able to target the working group (Malaysians) and also opportunities to expats.
For the car park solution, I wonder if there is any monthly parking around the area? |
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Jan 11 2011, 01:59 PM
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Junior Member
259 posts Joined: Oct 2010
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big units limited lar, at the corner... mostly small units...
Added on January 11, 2011, 2:00 pmi believe there is no dibs... monthly season parking alloted is RM250 per month, for 2 years... then up to the JMB... This post has been edited by wonghs: Jan 11 2011, 02:00 PM |
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Jan 11 2011, 02:00 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(yoki @ Jan 11 2011, 01:56 PM) bro wong...serious? sure finish liao liao!!gonna be so hot meh? also got big units also mar 3000sf up only consider big unitlah, look at some like The Avare Bye bye Summer Suites!!  |
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Jan 11 2011, 02:01 PM
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Junior Member
259 posts Joined: Oct 2010
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hello... this is Sunrise... why should they offer you dibs?
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Jan 11 2011, 02:03 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(wonghs @ Jan 11 2011, 02:01 PM) hello... this is Sunrise... why should they offer you dibs? why not? SP Setia also do that |
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Jan 11 2011, 02:05 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(wonghs @ Jan 11 2011, 02:01 PM) hello... this is Sunrise... why should they offer you dibs? what's it about sunrise? other BIGGER developers are offering dibswith/without dibs, it will be a calculated cost for any developer they will factor in the dibs for higher price i'm asking here just to see what sunrise is offerring; that's all |
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Jan 11 2011, 02:05 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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if one buys from sunrise before, their style is 20% down, and free interest before VP...something like that
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Jan 11 2011, 02:08 PM
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Senior Member
1,050 posts Joined: Jan 2011
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hey we should organize an event la...
those who got invitation tis week...go together at a specific time. next week....same also.... if dun buy also can go there c look c look n chit chat mah.....  |
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Jan 11 2011, 02:08 PM
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Junior Member
259 posts Joined: Oct 2010
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down payment is RM20k
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Jan 11 2011, 02:10 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(yoki @ Jan 11 2011, 02:05 PM) if one buys from sunrise before, their style is 20% down, and free interest before VP...something like that yup, my friend told me this as well but i reckon that's applicable for MK unitsas it's more expensive than this |
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Jan 11 2011, 02:11 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(noswear @ Jan 11 2011, 02:08 PM) hey we should organize an event la... let's go!! party time!! those who got invitation tis week...go together at a specific time. next week....same also.... if dun buy also can go there c look c look n chit chat mah.....  |
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Jan 11 2011, 02:11 PM
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Junior Member
64 posts Joined: Jan 2003
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QUOTE(wonghs @ Jan 11 2011, 02:08 PM) down payment is RM20k In case you are referring to the mailer, the 20k is only booking fees, not inclusive of the downpayment as per my understanding. The sum of 20k will need to be topup later for the total sum of downpayment if there aren't any freebies. |
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Jan 11 2011, 02:11 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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ZOUK and then do site visit?
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Jan 11 2011, 02:13 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(lelynx @ Jan 11 2011, 02:11 PM) ZOUK and then do site visit? Can I buy car park only?  |
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Jan 11 2011, 02:15 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(UFO-ET @ Jan 11 2011, 02:13 PM) Can I buy car park only? i buy the entrance fee; somebody get the *drinks* please |
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Jan 11 2011, 02:17 PM
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Junior Member
64 posts Joined: Jan 2003
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Malam malam go site visit, not sked hantu ah? beside cemetary u know?
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Jan 11 2011, 02:21 PM
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Newbie
3 posts Joined: Jan 2011
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i want to look around too..
its sound hot! |
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Jan 11 2011, 02:21 PM
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Senior Member
1,050 posts Joined: Jan 2011
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hahahaha....
true... later all drunk d..go to wrong site...ie cementry..... aiyo... who makes d most here...then should sponsor..... mayb we can ask "pai" to sponsor... |
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Jan 11 2011, 02:23 PM
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Junior Member
259 posts Joined: Oct 2010
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yea, where is Pai?
Wanna hear his comment on this project... |
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Jan 11 2011, 02:27 PM
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Senior Member
820 posts Joined: Jan 2003
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For all you know, by Saturday all sapu habis liao...then make trip there for nothing...
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Jan 11 2011, 02:32 PM
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Junior Member
259 posts Joined: Oct 2010
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SUmmer Suites for summer holiday...
Added on January 11, 2011, 2:33 pmCommon Facilities: Concierge Swimming Pool Gym Function Room Landscape deck F&B Outlets Food court Segregated Motorcycle parking Added on January 11, 2011, 2:36 pmProject Features: Double volume grand lobby Prestigious entrance statement & drop off Enhance 24 hours security cctv survelance security turntiles at grand looby for access control concierge split unit aircond system individual pantry private toilet electrical appliances provided balcont attached Added on January 11, 2011, 2:37 pm*Subject to Variations as recommende by architect or authorities... ... This post has been edited by wonghs: Jan 11 2011, 02:38 PM |
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Jan 11 2011, 02:43 PM
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Junior Member
64 posts Joined: Jan 2003
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If you don't mind me asking wonghs, where are you getting this information from?
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Jan 11 2011, 02:47 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(noswear @ Jan 11 2011, 02:21 PM) hahahaha.... If cannot get SS, buy cemetery "bungalow lot' also not bad true... later all drunk d..go to wrong site...ie cementry..... aiyo... who makes d most here...then should sponsor..... mayb we can ask "pai" to sponsor... |
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Jan 11 2011, 02:47 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(Evar @ Jan 11 2011, 02:43 PM) If you don't mind me asking wonghs, where are you getting this information from? vvip???? |
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Jan 11 2011, 02:48 PM
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Junior Member
259 posts Joined: Oct 2010
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developer...
Added on January 11, 2011, 2:49 pmkh... dun interrupt... Added on January 11, 2011, 2:50 pmthose facing northeast = facing cemetery, but eventually cemetery view will be blocked by the coming development on the next piece of land... This post has been edited by wonghs: Jan 11 2011, 02:50 PM |
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Jan 11 2011, 02:50 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(wonghs @ Jan 11 2011, 02:48 PM) developer... Added on January 11, 2011, 2:49 pmkh... dun interrupt... Added on January 11, 2011, 2:50 pmthose facing northeast = facing cemetery, but eventually cemetery view will be blocked by the coming development on the next piece of land...  Added on January 11, 2011, 2:53 pm QUOTE(accetera @ Dec 18 2010, 03:46 PM) This post has been edited by kh8668: Jan 11 2011, 02:53 PM |
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Jan 11 2011, 02:54 PM
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Junior Member
259 posts Joined: Oct 2010
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this is directly facing the crest & cendana...
behind is Ampang elevated highway... Added on January 11, 2011, 2:57 pmit is on the site of solaris 2... Added on January 11, 2011, 3:04 pmHi KH, what is solaris 1? This post has been edited by wonghs: Jan 11 2011, 03:04 PM |
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Jan 11 2011, 03:07 PM
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Senior Member
820 posts Joined: Jan 2003
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Current block being launched is Solaris 2 or Solaris 1?
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Jan 11 2011, 03:09 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(eXTaTine @ Jan 11 2011, 03:07 PM) Current block being launched is Solaris 2 or Solaris 1? dunno ler...need to ask patchay..LOLzzzzzz |
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Jan 11 2011, 03:12 PM
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Junior Member
259 posts Joined: Oct 2010
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solaris 2 site = summer suites = got 2 blocks, now lauching first block...
Added on January 11, 2011, 3:14 pmfor the registrants, dun worry, still got second block. i am pretty sure sunrise give give priority to them... This post has been edited by wonghs: Jan 11 2011, 03:14 PM |
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Jan 11 2011, 03:17 PM
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Senior Member
4,526 posts Joined: Mar 2006
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no carpark, then car park where?
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Jan 11 2011, 03:22 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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there are variuous paid car park space outside
maybe can park there? get a monthly pass or something This post has been edited by yoki: Jan 11 2011, 03:23 PM |
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Jan 11 2011, 03:23 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(wonghs @ Jan 11 2011, 03:12 PM) solaris 2 site = summer suites = got 2 blocks, now lauching first block... patience patience, ada chance..Added on January 11, 2011, 3:14 pmfor the registrants, dun worry, still got second block. i am pretty sure sunrise give give priority to them... I heard YNH offer 5+5 guarantee return scheme, wonder how this could be true? |
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Jan 11 2011, 03:24 PM
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Junior Member
259 posts Joined: Oct 2010
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as i said earlier, tentative season parking bays is RM250 per month... later subject to JMB/MC decision...
Added on January 11, 2011, 3:28 pmwow... interesting... This post has been edited by wonghs: Jan 11 2011, 03:28 PM |
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Jan 11 2011, 03:34 PM
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Senior Member
6,747 posts Joined: Sep 2010
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I think the 1st 1000 registrants are fr staff, relatives, contractors, supplier, lawyer, architects, town planner, local authority...
no need to feel sad also, it is norms, if hv a chance to grasp 1 unit facing graveyard or highways can considered untung liao |
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Jan 11 2011, 03:40 PM
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Junior Member
259 posts Joined: Oct 2010
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haha.. those consider VVIP.... not first 1000...
only those name registered can purchase... name cannot be transfered if not registered earlier, your ranking is after VVIP+1000+1000 Added on January 11, 2011, 3:44 pmblock A 400 units: I guess there are also 400 units for Block B gua... This post has been edited by wonghs: Jan 11 2011, 03:44 PM |
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Jan 11 2011, 03:46 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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no chance if register today?
which site |
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Jan 11 2011, 04:06 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(wonghs @ Jan 11 2011, 03:12 PM) solaris 2 site = summer suites = got 2 blocks, now lauching first block... This block is facing which side? Towards elevated highway or towards Renaissance hotel? Seems like this phase no view at all.... Added on January 11, 2011, 3:14 pmfor the registrants, dun worry, still got second block. i am pretty sure sunrise give give priority to them... |
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Jan 11 2011, 04:10 PM
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Senior Member
5,488 posts Joined: Jun 2008
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"Menara Solaris is a commercial development with 587,000 sq ft of
net saleable area of strata office space and 20,000 sq ft of retail space. Situated off Jalan Sultan Ismail in Kuala Lumpur, it is only 500 metres from the Kuala Lumpur City Centre (KLCC) development and next to Renaissance Hotel. Menara Solaris was created to meet the market demand for quality strata office space that is competitively priced. This project will have a gross development value of approximately RM480 million." Quoted from Sunrise Annual Report 2010page 30/182 PN No. 48654, Lot 196, Seksyen 44 Bandar of Kuala Lumpur Daerah Kuala Lumpur Land held for development Vacant land99 years lease expiring on 22-Jan-2108 1.66 acre 10-Oct-06 44,069 |
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Jan 11 2011, 06:26 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(kh8668 @ Jan 11 2011, 04:10 PM) "Menara Solaris is a commercial development with 587,000 sq ft of 1.66 acre land for this development?net saleable area of strata office space and 20,000 sq ft of retail space. Situated off Jalan Sultan Ismail in Kuala Lumpur, it is only 500 metres from the Kuala Lumpur City Centre (KLCC) development and next to Renaissance Hotel. Menara Solaris was created to meet the market demand for quality strata office space that is competitively priced. This project will have a gross development value of approximately RM480 million." Quoted from Sunrise Annual Report 2010page 30/182 PN No. 48654, Lot 196, Seksyen 44 Bandar of Kuala Lumpur Daerah Kuala Lumpur Land held for development Vacant land99 years lease expiring on 22-Jan-2108 1.66 acre 10-Oct-06 44,069 Added on January 11, 2011, 7:22 pmThis so called "Zone 2" KLCC area at 755psf average leasehold is a good buy only because of the small units thus low entry costs. Comparing to other "Zone 2" like Hampshire place, freehold, secondary market it is running at 850psf fully furnished, but built up slightly bigger like 915sf. I believe Hampshire Place still comes with a carpark. Locality wise, I think Hampshire is a tad better. Without a carpark allocated, this will skew towards office rather than residence. On a psf Summer suites is not a great price but entry price it is very tempting. This post has been edited by webby88: Jan 11 2011, 07:22 PM |
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Jan 11 2011, 10:11 PM
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Senior Member
6,354 posts Joined: Jan 2003
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without a parking, i don't think it'll be attractive to the locals for residential purposes right? what do you guys think?
the smaller units would have been attractive residential units for single young managers. at 450sqft..would it be an attractive office unit? This post has been edited by Jason: Jan 11 2011, 10:12 PM |
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Jan 11 2011, 10:16 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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at this price with no car park. i find empire damansara a better buy.
like empire city high pricing this project. ritze perdana at least got 1. |
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Jan 11 2011, 10:20 PM
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(airline @ Jan 11 2011, 10:16 PM) at this price with no car park. i find empire damansara a better buy. true. but one factor would be the location. this is a superior location, and public transport is already there.. 5 mins to monorail..like empire city high pricing this project. ritze perdana at least got 1. in terms of build quality.. i doubt there's an issue.. sunrise mah.. so the question is at 450sqft, no parking, would it be attractive to live there, or make it an office.. |
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Jan 11 2011, 10:25 PM
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Senior Member
5,488 posts Joined: Jun 2008
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City&Country: Green office building in Golden Triangle
Tags: Berjaya Land , Gold Green Mark certification , Green Building Index , Mah Siew Wan , Ritz Corporate Suites By Siti Sakinah Abdul Latif and Rosalynn Poh of The Edge Malaysia Sunday, 15 August 2010 00:00 Berjaya Land recently launched its latest commercial project, a 46-storey green office tower in Kuala Lumpur's Golden Triangle. The freehold Ritz Corporate Suites office tower, located at the corner of Jalan Ampang and Jalan Sultan Ismail, is next to the Ritz-Carlton Residences — a serviced apartment tower. A retail podium connects the two. Mah Siew Wan, Berjaya Land senior general manager of properties marketing tells City & Country that the office office tower is designed to obtain the Gold Green Mark certification from Singapore's Building and Construction Agency. "We are going for the Green Mark as the certification is more established than Malaysia's new Green Building Index," says Mah. She says unit owners and the building management will benefit from the office tower's eco-friendly building management technology as it will minimise utilities usage and create a healthy working environment. Among the smart green features are floor destination control system lifts to reduce waiting time, a smart building management system for monitoring and minimising power and utilities usage and a carbon dioxide monitoring system on all floors. "The carbon dioxide level monitoring system checks the level of carbon dioxide in the office. Too much carbon dioxide in the air and employees become sleepy and lethargic. Once the system detects an unusually high level of carbon dioxide it will release more oxygen into the environment," Mah explains. The tower will have 2.9m-high ceilings to ensure efficient airflow and ventilation, while an intelligent air-conditioning system that incorporates a variable refrigeration volume system will maintain a constant temperature inside the office despite changes in the weather outside. Mah says the construction of the office tower on a 2.7-acre site has begun and is expected to take about three years. The foundations and basement car park structure have been completed. The office tower itself has a potential gross development value (GDV) of RM500 million, she says. Strata titles The office lots are for sale, which Mah says is an advantage in the market as there are few strata offices available for sale. "Currently, all the office buildings in the Golden Triangle are sold on an en-bloc basis to institutional investors or for leasing only. Ritz Corporate Suites is a rare opportunity for investors to own strata-titled office suites in a Grade A office tower ... in the heart of KL's Golden Triangle and central business district," Mah says. The Bukit Nanas monorail station and the Dang Wangi LRT station are also nearby. Knight Frank Malaysia executive director Sarkunan Subramaniam says high-rise offices sold on a strata basis are "not common". Offices likely to be sold on this basis are usually low-rise. Mah says there were enquiries from retail investors and corporate buyers at the office tower's launch on May 18, when 207 lots were on offer. Prices range from RM1,000 psf to RM1,350 psf. "We expect all the units to be taken up by the time the building is completed. We are committed to the three-year deadline for completion by 2012, but a shorter period is achievable and we should be ahead of schedule," Mah says, adding that the tower will have three levels of basement parking with another 7-storey elevated car park with a mezzanine with approximately 643 parking bays. Berjaya's original plan had been to build the RM700 million Berjaya Central Park, but in 2009 the company announced plans to team up with The Ritz-Carlton Hotel Co to develop a twin-tower luxury serviced apartment project. The residences were to be managed under the Ritz-Carlton brand, but Berjaya then decided to turn one of the towers into offices — The Ritz Corporate Suites. Each floor has a net saleable floor space of 12,024 sq ft to 13,100 sq ft offering a range of two to seven office lots per floor. Level 10 to level 30 offer seven office suites per floor with sizes ranging from 775 sq ft to 2,831 sq ft. Moving up, from level 32 to level 43A, there are four office suites per floor with sizes ranging from 2,379 sq ft to 4,069 sq ft, while levels 45 and 46 accommodate two office suites per floor with sizes from 5,201 sq ft to 7,890 sq ft. Every suite comes with an ensuite executive bathroom with shower facilities and designated lifts for easier access and better security. The tower will also have high-speed Internet access The Ritz Carlton Residence, meanwhile, is scheduled to be launched next year, says Mah. It is also designed to achieve Gold Green Mark certification. The details, however, have not been finalised. Berjaya Land is currently working on a boutique development called Vasana 25, located within the 41-acre Seputeh Heights in Taman Seputeh, Kuala Lumpur. Mah says the four-acre development comprises three bungalows and 22 link villas with an estimated GDV of RM157.2 million. The bungalows, with land areas from 6,316 sq ft to 11,524 sq ft and built-ups of 5,743 sq ft to 7,665 sq ft are priced from over RM7 million each. The link villas have built-ups of 5,947 to 7,616 sq ft and land areas of 4,971 sq ft to 12,944 sq ft. They are priced at RM5.7 million to RM6.5 million. "Seven units, including one bungalow, have been sold. Buyers are a mix of locals and foreigners. There will not be a launch as previews are by invitation only," Mah says. Previews began in 4Q2009. Mah says almost all the homes within the freehold development will have views of the city skyline. An additional touch of luxury in each of the 3-storey homes is a glass-clad lift. Full completion of the Vasana 25 project is expected in early 2011 Mah says Vasana is a Sanskrit word which means abode. "Seputeh is an established neighbourhood in a strategic location and we are offering a limited number of units with undisrupted views of the city," she says. Berjaya Land's first project in the Seputeh area was a high-rise development called Robson Condo back in the 1980s. The company started developing Seputeh Heights in 1997, with 103 bungalow lots sized from 7,992 to 23,100 sq ft sold at an average price of RM200 psf. "Other projects we are currently working on are the Covillea Condominiums in Bukit Jalil, link bungalows at Seputeh Heights, exclusive bungalow lots at The Peak @ Taman TAR, 1Petaling Residences & Commerz @ Sg Besi and the Hazel 2-storey link homes at Berjaya Park, Shah Alam," Mah says. Overseas developments Berjaya Land is involved in six mixed development projects in Vietnam, two in Hanoi and four in Ho Chi Minh City. The Hanoi projects are Amber Court, Bien Hoa City Square, Topaz Twins, Bien Hoa City Square, The Canal Park, Phase 1 of Thach Ban Garden City, and Thach Ban Garden City. In Ho Chih Minh City, Berjaya land is building the Vietnam Financial Centre and Vietnam International University Township. In China, the company has proposed a mixed retail, leisure and theme park development called the Great Mall of China in Hebei province, while in Thailand the company is looking to build a mixed development in Bangkok. In South Korea, berjaya land is currently undertaking the US$2.6 billion (RM8.3 billion) Yerae integrated resort development on a 183.8-acre site in Jeju Province. Mah says the development of the Berjaya Jeju Resort will go on until 2015. It has a potential GDV of US$3.6 billion. Berjaya recently cancelled a US$200 million joint-venture, themed village project on a 145-acre parcel of freehold land in the Jeju Special Self-Governing Province in South Korea. Mah says Berjaya intends to focus on the completion of the Berjaya Jeju Resort "before expanding our investment in other provinces". This article appeared in City & Country, the property pullout of The Edge Malaysia, Issue 815, July 19-25, 2010 |
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Jan 11 2011, 10:33 PM
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Senior Member
1,346 posts Joined: Jul 2009
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Whatever, you can argue, sure can sell wan. Its only how fast the stock can last if what is stated here is correct.
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Jan 11 2011, 10:58 PM
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Junior Member
30 posts Joined: Jan 2011
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May I know why don't consider monoland?
It's freehold and somemore only rm850 psqf. The location is better than summer suite |
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Jan 11 2011, 11:04 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(present @ Jan 11 2011, 10:58 PM) May I know why don't consider monoland? Monoland better locality but developer Sunrise better. Entry level for Sunrise is only 328k and monoland more than 500k.It's freehold and somemore only rm850 psqf. The location is better than summer suite |
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 Jan 11 2011, 11:18 PM
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Senior Member
829 posts Joined: Dec 2010
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QUOTE(UFO-ET @ Jan 11 2011, 03:34 PM) I think the 1st 1000 registrants are fr staff, relatives, contractors, supplier, lawyer, architects, town planner, local authority... I got invited to the exclusive preview, im not even member or staff with Sunrise or whatsoever... anyway the invitation by Sunrise:-no need to feel sad also, it is norms, if hv a chance to grasp 1 unit facing graveyard or highways can considered untung liao - This privilege preview invitation is non-transferable and non-refundable. - Registrants are advised to bring their credits cards, cheque books and I.C to the event. For non-Malaysians, a passport is required. - A non-refundable deposit of RM20,000.00 must be paid upon booking to secure your preferred unit. - All units purchased must bear the name of privilege preview registrant or together with one other name e.g. Registrant + Registrant’s Wife. - Please refer to the attachment for list of documents needed for loan processing. Will go over and have a look on this saturday This post has been edited by savants: Jan 11 2011, 11:18 PM |
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Jan 11 2011, 11:21 PM
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Junior Member
55 posts Joined: Sep 2006
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Staff preview is tmr.
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Jan 11 2011, 11:34 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(Folio @ Jan 11 2011, 11:21 PM) Staff preview is tmr. After VVIP and staff, how much left? Maybe left crap units... |
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Jan 11 2011, 11:37 PM
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Senior Member
829 posts Joined: Dec 2010
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QUOTE(eXTaTine @ Jan 11 2011, 11:34 PM) After VVIP and staff, how much left? Maybe left crap units... Quit your job tmr and join Sunrise by tmr... |
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Jan 12 2011, 03:06 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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If can find pairing of course monoland is better lol
Monoland vipod got klcc address. Those who still can get 90percent loan, don't miss this project |
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Jan 12 2011, 06:19 AM
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Senior Member
2,588 posts Joined: Nov 2005
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QUOTE(savants @ Jan 11 2011, 11:37 PM) Quit your job tmr and join Sunrise by tmr... [Off topic]Sunrise normal staff last yr has 3-4 months bonus. and if Sunrise making profit 7 continuous years while you are working there thru out 7 years, u get 1 year bonus. very good huh? |
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Jan 12 2011, 07:47 AM
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Junior Member
982 posts Joined: Apr 2008
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QUOTE(cristiano7mu @ Jan 12 2011, 06:19 AM) [Off topic] 3-4mths? wow thats the last of good bonus they are going to see cause when UEM comes in they are going to be very disappointed.Sunrise normal staff last yr has 3-4 months bonus. and if Sunrise making profit 7 continuous years while you are working there thru out 7 years, u get 1 year bonus. very good huh? |
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Jan 12 2011, 09:22 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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honestly, if we analyse properly, Monoland's a better buy
location x 3 and freehold |
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Jan 12 2011, 09:36 AM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(yoki @ Jan 12 2011, 09:22 AM) honestly, if we analyse properly, Monoland's a better buy Monoland is always a good buy. They are humble but always a good buy at good price.location x 3 and freehold just my 0.0002 cents. This post has been edited by surf-it: Jan 12 2011, 09:43 AM |
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Jan 12 2011, 10:22 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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i strongly recommend monolands vipod. walk to klcc and beside pavillion.
maybe have left over units. soho one so-so location. This post has been edited by airline: Jan 12 2011, 10:23 AM |
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Jan 12 2011, 10:34 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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only prob is mono is untested in KLCC luxury prop
to maintain value of the prop is maintenance not sure mono is good at this |
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Jan 12 2011, 10:42 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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i thought they did oval klcc
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Jan 12 2011, 10:52 AM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(airline @ Jan 12 2011, 10:22 AM) i strongly recommend monolands vipod. walk to klcc and beside pavillion. how to check if there's lots available? would be a great bachelor pad maybe have left over units. soho one so-so location. |
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Jan 12 2011, 11:19 AM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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ladies and gentlemen,
a little birdie told me that staff is getting 5% discount. and the same birdie told me that some staff who have this privilege is not interested. however, these people are willing to let go of their privillege but buying on behalf (am sure they have something up their mind as well). am not sure what terms and conditions would be imposed (maybe clause to lock in the staff to retain the unit till completion, etc.). to those who absolutely is genuine in getting a choice unit, please PM me and maybe (I repeat, just MAYBE) i can help to arrange something between you guys/gals and their staff. please also suggest reasonable measures to solve foreseeable conditions that would be imposed by the developer on their staff. cheers! PS: do not assume you will be getting it cheaper than developer price as it won't be likely. in fact most likely you will need to pay more than developer's price to secure the unit. why? maybe additional back to back SPA for transfer? maybe the staff will request additional premium for their so-called trouble to process all these and undertaking the purchase under their name and maybe even taking out loans. is this really a good buy? maybe i should reserve one just in case then.  but i'm out of bullets liao. sad.  This post has been edited by kochin: Jan 12 2011, 11:38 AM |
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Jan 12 2011, 11:46 AM
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Senior Member
4,526 posts Joined: Mar 2006
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no bullet u still wanna buy?
bumi got discount or not? this is under commercial or house loan? 5% of 300k is only 15k. the staff ok with 5k kopi-o? |
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Jan 12 2011, 11:51 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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call/go to monolands office at etiqa opposite klcc.
their vipod from 635per sq feet yes, have to agree. or u can consider their soho. This post has been edited by airline: Jan 12 2011, 11:52 AM |
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Jan 12 2011, 11:56 AM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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QUOTE(JamesPond @ Jan 12 2011, 11:46 AM) no bullet u still wanna buy? dunno wor. i think in all fairness, one should opt to pay at developer's price at minimum. why i say so, for instance going to a 1st screening of a blockbuster movie. everybody wanna watch the movie but tickets for 1st screening is scarce. to those who desperate to watch the movie first, you think the guy can get the tickets at below normal rates?bumi got discount or not? this is under commercial or house loan? 5% of 300k is only 15k. the staff ok with 5k kopi-o? anyway, i do not wish to speculate further until i get more details from them. cheers! |
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Jan 12 2011, 12:12 PM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(airline @ Jan 12 2011, 11:51 AM) call/go to monolands office at etiqa opposite klcc. thanks. will find out! but do you have their number?their vipod from 635per sq feet yes, have to agree. or u can consider their soho. |
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Jan 12 2011, 12:16 PM
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Senior Member
4,526 posts Joined: Mar 2006
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kochin,
you still not yet answer the rest of my questions. but for property at this time being, the last one will always pay the most for prime developer. |
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Jan 12 2011, 12:24 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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QUOTE(JamesPond @ Jan 12 2011, 12:16 PM) kochin, bro james,you still not yet answer the rest of my questions. but for property at this time being, the last one will always pay the most for prime developer. the answer is i dunno i dunno i dunno. i do not work with the developer nor do i know any other information. like i said, i little birdie to me and i'm trying to get more information from the bird, that's all. check out the same birdie that told me what's happening with cascade and it so happens the birdie was telling the truth the entire time. peace!  |
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Jan 12 2011, 12:24 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(JamesPond @ Jan 12 2011, 12:16 PM) kochin, No: 019-409 1000 / 019-409 4000you still not yet answer the rest of my questions. but for property at this time being, the last one will always pay the most for prime developer. |
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Jan 12 2011, 12:32 PM
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Senior Member
4,526 posts Joined: Mar 2006
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I just check on monoland profile...
no proven record compared to sunrise. even location is good bad developer will make you miserable. the price also 1 concern. why not getting bukit ceylon subsale then this. |
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Jan 12 2011, 12:37 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(JamesPond @ Jan 12 2011, 12:32 PM) I just check on monoland profile... just called developer MONOLAND for SOHO-KLCCno proven record compared to sunrise. even location is good bad developer will make you miserable. the price also 1 concern. why not getting bukit ceylon subsale then this. now open for sale from floor 3A to 19th floor now only left 1 / 2 units size about 800-900sf price for office suite: 700psf price for residential unit: 850psf after CNY will launch phase 2 from 20th floor onwards. anyone interested an go to their office at Etika tower. Saturday only open from 9.00am to 1.00pm. sunday off This post has been edited by kh8668: Jan 12 2011, 12:38 PM |
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Jan 12 2011, 12:54 PM
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Senior Member
4,526 posts Joined: Mar 2006
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it does not make sense that the office suite is cheaper then residential unit?
it should be the other way round. |
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Jan 12 2011, 12:57 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(JamesPond @ Jan 12 2011, 12:54 PM) it does not make sense that the office suite is cheaper then residential unit? might be office suite only bare units with no tiles and non-furnished?it should be the other way round. lol go and find out for us if you got time. This post has been edited by kh8668: Jan 12 2011, 12:58 PM |
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Jan 12 2011, 01:00 PM
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Senior Member
4,526 posts Joined: Mar 2006
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by using rm150psf x 800=120k,
you can renovate like a palace. |
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Jan 12 2011, 01:02 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(JamesPond @ Jan 12 2011, 01:00 PM) by using rm150psf x 800=120k, could be different layout.you can renovate like a palace. anyone know the project well can share? |
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Jan 12 2011, 01:54 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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Those who buy their titiwangsa sentral project already make money
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Jan 12 2011, 01:58 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(airline @ Jan 12 2011, 01:54 PM) Those who buy their titiwangsa sentral project already make money different location with different target tenancy leh |
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Jan 12 2011, 02:18 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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any more info updates on this development?
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Jan 12 2011, 02:18 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(lelynx @ Jan 12 2011, 01:58 PM) different location with different target tenancy leh But there's no denying that TS was the best buy for 2009. Their newer launches aren't as great compared to TS, that's for sure...some more got some weird ruling like the pairing crap....We all know the pros and cons of Monoland KLCC SOHO vs. Sunrise Solaris SOHO, so I won't state my preference of one over the other. |
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Jan 12 2011, 02:23 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(eXTaTine @ Jan 12 2011, 02:18 PM) But there's no denying that TS was the best buy for 2009. Their newer launches aren't as great compared to TS, that's for sure...some more got some weird ruling like the pairing crap.... How many expect the Solaris SOHO to sell out during the Sat preview? We all know the pros and cons of Monoland KLCC SOHO vs. Sunrise Solaris SOHO, so I won't state my preference of one over the other. |
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Jan 12 2011, 02:28 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(webby88 @ Jan 12 2011, 02:23 PM) How many expect the Solaris SOHO to sell out during the Sat preview? how many of those units are priced over RM500k? |
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Jan 12 2011, 02:30 PM
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Junior Member
221 posts Joined: Jan 2003 
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I'm interested to flip but didn't get the invite....
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Jan 12 2011, 02:33 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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i also think i register too late
no chance already, mono land soho maybe worth considering again |
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Jan 12 2011, 02:38 PM
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Junior Member
187 posts Joined: Jul 2010
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i think the site is to the left pf Renaissance hotel near the highway. is developer going to make a grand entrance into the site? otherwise, the devlopment could be secluded, dunno good or not.
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Jan 12 2011, 02:49 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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easy, 1 fella buy office, 1 fella buy studio from monoland la.
office is around rm750per sq feet i think. |
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Jan 12 2011, 02:53 PM
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Senior Member
4,790 posts Joined: Dec 2008
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this is hot topic... due to rm328k |
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Jan 12 2011, 03:02 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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maybe just 1-2 units only
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Jan 12 2011, 03:49 PM
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(airline @ Jan 12 2011, 01:54 PM) Those who buy their titiwangsa sentral project already make money yes, your point being? those who buy Marc Residence from developer already make money. and same for all properties around the area..  QUOTE(groggy @ Jan 12 2011, 02:38 PM) i think the site is to the left pf Renaissance hotel near the highway. is developer going to make a grand entrance into the site? otherwise, the devlopment could be secluded, dunno good or not. good question, or are they going to use the road around Renaissance? can enter from JSI and J.Ampang.This post has been edited by Jason: Jan 12 2011, 04:04 PM |
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Jan 12 2011, 04:31 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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oi! OT liao lah.
pls share views of monoland in monoland thread and kampung baru in kampung baru thread. comparison between this development and other development is welcome but not discussing about other development purely in this thread. not fair for other forummers who might missed out the debate. anyway, just received sms for solaris suite for 17 & 18th Jan. strange. but will be making a visit nevertheless. |
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Jan 12 2011, 04:41 PM
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Junior Member
64 posts Joined: Jan 2003
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That's for the 2nd tower. First tower preview will be on this weekend, 400 units up for grabs for 1000 users apparently. I guess they are doing the groundwork for the 2nd session.
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Jan 12 2011, 04:44 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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pls note that it's on monday and tuesday.
maybe can sapu leftover from weekend preview? hehe too bad i can only get 70% loan now. sob! |
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Jan 12 2011, 05:11 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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ok la, all set for saturday morning 4am.
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Jan 12 2011, 05:23 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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so anxious to buy?
non refundable one, non transferable, means if ur loan fail, u lose RM20k |
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Jan 12 2011, 05:28 PM
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Senior Member
4,526 posts Joined: Mar 2006
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so crazy ar
4am? |
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Jan 12 2011, 05:42 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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ok, here's what my birdie tell me.
booking RM20k non refundable. staff preview is on Friday 5pm onwards (meaning they do not have much room to manipulate around). terms and conditions would be only be made known to them then and there. so this particular staff is fishing. his quote: he can book the unit on behalf but he is trying to get rm20k above the developer price as his reward!!! this is the so called premium for securing/guarantee a choice unit at 1st launch developer price. so for those who ask me in PM previously, please consider carefully before i introduce you buggers to sort out the mess. i re-iterate i am not involve in whatsoever dealings between you guys. of course would appreciate if either one of you treat me a nice cup of coffee or tea. |
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Jan 12 2011, 05:44 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(kochin @ Jan 12 2011, 05:42 PM) ok, here's what my birdie tell me. Start to sound abit like Monoland project.booking RM20k non refundable. staff preview is on Friday 5pm onwards (meaning they do not have much room to manipulate around). terms and conditions would be only be made known to them then and there. so this particular staff is fishing. his quote: he can book the unit on behalf but he is trying to get rm20k above the developer price as his reward!!! this is the so called premium for securing/guarantee a choice unit at 1st launch developer price. so for those who ask me in PM previously, please consider carefully before i introduce you buggers to sort out the mess. i re-iterate i am not involve in whatsoever dealings between you guys. of course would appreciate if either one of you treat me a nice cup of coffee or tea. This post has been edited by webby88: Jan 12 2011, 05:45 PM |
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Jan 12 2011, 05:49 PM
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Senior Member
4,526 posts Joined: Mar 2006
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rm20k above the developer price as his reward
ar............ your birdie very greed 5k is ok la... 5% discount only 15k |
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Jan 12 2011, 05:51 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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it is just an office lar, selling office only
no need queue lar |
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Jan 12 2011, 06:00 PM
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Junior Member
64 posts Joined: Jan 2003
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har? really sell ofis onli ah? i thought soho tim
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Jan 12 2011, 06:06 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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QUOTE(JamesPond @ Jan 12 2011, 05:49 PM) rm20k above the developer price as his reward no no no. it's 20k on top of the developer price. meaning the bugger will get 5% + rm20k! ar............ your birdie very greed 5k is ok la... 5% discount only 15k  Added on January 12, 2011, 6:06 pm QUOTE(Evar @ Jan 12 2011, 06:00 PM) har? really sell ofis onli ah? i thought soho tim huh? i thought it's soho wor. it isn't meh?This post has been edited by kochin: Jan 12 2011, 06:06 PM |
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Jan 12 2011, 06:08 PM
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Junior Member
64 posts Joined: Jan 2003
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dono leh, that yoki write one
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Jan 12 2011, 06:09 PM
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Senior Member
4,526 posts Joined: Mar 2006
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wa............he/she dream too much ler...
Added on January 12, 2011, 6:18 pm1000 units of office with 450sf ar............. i cannot imagine it... This post has been edited by JamesPond: Jan 12 2011, 06:18 PM |
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Jan 12 2011, 06:20 PM
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Senior Member
1,346 posts Joined: Jul 2009
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sure or not office only??
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Jan 12 2011, 06:34 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(yoki @ Jan 12 2011, 05:23 PM) so anxious to buy? I know la...that's why get pre-approval mar... oredi called banker to check.non refundable one, non transferable, means if ur loan fail, u lose RM20k 4am thing, of cz not so "kua zhang" la, since this is private preview so I am hoping that the guest list is limited. I heard somebody was saying 1000 ppl for 400 units right. |
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Jan 12 2011, 06:57 PM
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Senior Member
2,588 posts Joined: Nov 2005
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Asked a relative of Tong to get me an invitation but he told me over 2500 registrations for 500 units.
So my guess there is only around 500 units. This post has been edited by cristiano7mu: Jan 12 2011, 06:58 PM |
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Jan 12 2011, 08:51 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(cristiano7mu @ Jan 12 2011, 06:57 PM) Asked a relative of Tong to get me an invitation but he told me over 2500 registrations for 500 units. If really turns out to be office only, wonder whether there will be any disappointment?So my guess there is only around 500 units. I just check up Sunrise website and true enough the word SOHO is no longer used. Instead it states Business Suites. http://www.sunrisebhd.com/sunrisecorp/ This post has been edited by webby88: Jan 12 2011, 08:58 PM |
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Jan 12 2011, 09:11 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(webby88 @ Jan 12 2011, 08:51 PM) If really turns out to be office only, wonder whether there will be any disappointment? it is planned to be strata office suites. but well, you still can choose to stay in this office suite if you would like to....no problem.. I just check up Sunrise website and true enough the word SOHO is no longer used. Instead it states Business Suites. http://www.sunrisebhd.com/sunrisecorp/  This post has been edited by kh8668: Jan 12 2011, 09:13 PM |
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Jan 12 2011, 09:14 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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no offense, i find it abit crazy to stay inside office if it is pure strata office block
This post has been edited by yoki: Jan 12 2011, 09:15 PM |
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Jan 12 2011, 09:25 PM
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Senior Member
1,346 posts Joined: Jul 2009
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The E invite states SOHO but now the website states Premium Suites.
Attached thumbnail(s) 
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Jan 12 2011, 09:27 PM
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Senior Member
4,526 posts Joined: Mar 2006
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how to take a bath in a office unit?
wah...like doing what guard is doing.. |
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Jan 12 2011, 09:32 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(kh8668 @ Jan 11 2011, 04:10 PM) "Menara Solaris is a commercial development with 587,000 sq ft of see this as stated in their annual report lolnet saleable area of strata office space and 20,000 sq ft of retail space.Situated off Jalan Sultan Ismail in Kuala Lumpur, it is only 500 metres from the Kuala Lumpur City Centre (KLCC) development and next to Renaissance Hotel. Menara Solaris was created to meet the market demand for quality strata office space that is competitively priced. This project will have a gross development value of approximately RM480 million." Quoted from Sunrise Annual Report 2010page 30/182 PN No. 48654, Lot 196, Seksyen 44 Bandar of Kuala Lumpur Daerah Kuala Lumpur Land held for development Vacant land99 years lease expiring on 22-Jan-2108 1.66 acre 10-Oct-06 44,069 |
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Jan 12 2011, 09:36 PM
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Senior Member
4,526 posts Joined: Mar 2006
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commercial land oso can SOHO
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Jan 12 2011, 09:38 PM
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(JamesPond @ Jan 12 2011, 09:36 PM) commercial land oso can SOHO true, but it'll be quite funny if your neighbors are office and you live there. i read that each unit comes with its own bathroom.. so if that didn't change it is still viable for living. |
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Jan 12 2011, 09:40 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(Jason @ Jan 12 2011, 09:38 PM) true, but it'll be quite funny if your neighbors are office and you live there. i read that each unit comes with its own bathroom.. so if that didn't change it is still viable for living. yes, you can stay there...lol....no problem one....hehehesame thing as other developments like Zen Suites @ KL Festival City Centrestages @ PJ sect 13 Ascott Soho @ Old Klang Road etc This post has been edited by kh8668: Jan 12 2011, 09:43 PM |
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Jan 12 2011, 09:43 PM
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Senior Member
1,346 posts Joined: Jul 2009
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Day time rent out as office, night time rent out as apartment. 3K for daytime use and 3K for night time use.
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Jan 12 2011, 09:44 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(webby88 @ Jan 12 2011, 09:43 PM) Day time rent out as office, night time rent out as apartment. 3K for daytime use and 3K for night time use. Are you ready to rent one? |
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Jan 12 2011, 09:45 PM
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Senior Member
4,526 posts Joined: Mar 2006
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i wonder who still keen on this project?
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Jan 12 2011, 09:45 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(kh8668 @ Jan 12 2011, 09:44 PM) Are you ready to rent one? I am not even attending the preview now. Added on January 12, 2011, 9:46 pm QUOTE(JamesPond @ Jan 12 2011, 09:45 PM) i wonder who still keen on this project? Need to confirm whether it is SOHO or office. Need to hear officially from SunriseThis post has been edited by webby88: Jan 12 2011, 09:46 PM |
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Jan 12 2011, 09:46 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(JamesPond @ Jan 12 2011, 09:45 PM) i wonder who still keen on this project? hybrid products...pening please find out what 'word' will be stated in the SPA. hehe This post has been edited by kh8668: Jan 12 2011, 09:47 PM |
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Jan 12 2011, 09:48 PM
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Senior Member
4,526 posts Joined: Mar 2006
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simple, it is a SO without HO.
Can stay in but cannot cook, no parking. |
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Jan 12 2011, 09:51 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(JamesPond @ Jan 12 2011, 09:48 PM) simple, it is a SO without HO. SO HO BO HO?? Can stay in but cannot cook, no parking. Added on January 12, 2011, 9:52 pm QUOTE(JamesPond @ Jan 12 2011, 09:45 PM) i wonder who still keen on this project? I bet there will still be many buyers. This post has been edited by webby88: Jan 12 2011, 09:52 PM |
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Jan 12 2011, 09:55 PM
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Senior Member
4,526 posts Joined: Mar 2006
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it is SO BO HO
SO SO NIA |
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Jan 12 2011, 10:03 PM
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Senior Member
1,346 posts Joined: Jul 2009
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BO HO is good. Now don't have to go at 4am to queue.
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Jan 12 2011, 10:34 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(webby88 @ Jan 12 2011, 09:45 PM) I am not even attending the preview now. Sure or not webby, I think you can sell your preview entry pass for some quick $$ ler.. Added on January 12, 2011, 9:46 pm Need to confirm whether it is SOHO or office. Need to hear officially from Sunrise Anyway, detail to follow after the preview.. |
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Jan 12 2011, 10:43 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(surf-it @ Jan 12 2011, 10:34 PM) Sure or not webby, I think you can sell your preview entry pass for some quick $$ ler.. Say not transferable wor....... Anyway, detail to follow after the preview.. |
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Jan 12 2011, 10:59 PM
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Senior Member
4,526 posts Joined: Mar 2006
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I wanna sell my preview...
who wanna buy from me? invitation 9am this sat. |
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Jan 12 2011, 11:03 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(JamesPond @ Jan 12 2011, 10:59 PM) I wanna sell my preview... If someone buys, then blur blur put 20k deposit, then you benefit lar........ who wanna buy from me? invitation 9am this sat. |
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Jan 12 2011, 11:04 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(webby88 @ Jan 12 2011, 10:43 PM) Say not transferable wor....... term and condition is dead de, human brain is life de...haha..Imagine if u register Dennis in the form, anybody can be Dennis oso... |
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Jan 12 2011, 11:09 PM
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Senior Member
4,526 posts Joined: Mar 2006
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yayaya...lelong lelong lelong....
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Jan 12 2011, 11:09 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(surf-it @ Jan 12 2011, 11:04 PM) term and condition is dead de, human brain is life de...haha.. If response not good, any name can take over. IF response damn good, then they say special preview, not transferable, 20k not refundable.......... Imagine if u register Dennis in the form, anybody can be Dennis oso... |
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Jan 12 2011, 11:23 PM
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Newbie
1 posts Joined: Jan 2011
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Selling price not including carpark. Carpark would be rental out at $250 per month.
Heard kiara realty people said that 1 unit allow to rent 1 carpark only. If whole tower fully occupied i believe their is not enough car parking. Check b4 u buy. Construction period is 4 years. So u have to serve bank interest for 4 years. One more thing. If the bank not appove your loan. U would not be entitle to refund your $20k This post has been edited by get smart: Jan 12 2011, 11:28 PM |
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Jan 12 2011, 11:56 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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Can drop this now.......Ofis this place kenot make it.....
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Jan 12 2011, 11:58 PM
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Senior Member
1,479 posts Joined: Dec 2008
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QUOTE(Pai @ Jan 12 2011, 11:56 PM) Can drop this now.......Ofis this place kenot make it..... Wah... everyone waiting for ur Sermon... finally spoken.. lol |
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Jan 13 2011, 12:01 AM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(Pai @ Jan 12 2011, 11:56 PM) Can drop this now.......Ofis this place kenot make it..... if soho rental for expats, can make it, bro pai? |
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Jan 13 2011, 12:01 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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yes, the taiko has spoken..
very clear cut now |
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Jan 13 2011, 12:14 AM
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Senior Member
1,346 posts Joined: Jul 2009
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So got BBB fever still??
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Jan 13 2011, 01:17 AM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(webby88 @ Jan 13 2011, 12:14 AM) So got BBB fever still?? I hv strong feeling it will be fully sold! the price is affordable and attractive..me 2nd week, will go tis wk to check |
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Jan 13 2011, 01:43 AM
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All Stars
10,777 posts Joined: Sep 2009
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maintains Buy call on this one (provided it is residential friendly) since it is one of the cheapest thing given its location at KL CBD now....
Around its vicinity will be lotsa future projects such as: - Sunway Tower 2 - The revival of former Duta Hyatt (still on hold) - The revival of VISION CITY + FOREST IN THE MALL - W Hotel & Residences KL - An iconic development next to the proposed W Hotel - An integrated development at Lai Meng School - The Ritz Corporate & Residences (still on hold) .... and many many more... Bear in mind, there'll many more SIMILAR PRODUCT in the vicinity: from http://www.patchay.com/p/kuala-lumpur-urba...velopments.html (To be updated soon)  This post has been edited by accetera: Jan 13 2011, 01:48 AM |
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Jan 13 2011, 02:14 AM
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Junior Member
265 posts Joined: Sep 2007
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".. many more SIMILAR PRODUCT .." This should calm down those who worry not being able to buy a unit of 'something' in this area
The buildings in yr pic look so cartoonish, cute ler. What developments are those ? I think any location in kl will make ANY developer a success story, & therefore their purchasers will reap their rewards too. Its just a matter of scaling the price to match the anticipated returns, and the percentage returns should be quite constant between areas within kl unless a project is located somewher in the backwaters of pudu or backstreets of chowkit. |
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Jan 13 2011, 02:25 AM
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Junior Member
30 posts Joined: Jan 2011
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There is no different between business suite and soho based on wat I know.
Pls correct me if I m wrong. Thanks.. |
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Jan 13 2011, 09:17 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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quite confirm is SO without the HO
good luck for those BBBers, may you secure a good office units |
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Jan 13 2011, 09:58 AM
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Senior Member
4,526 posts Joined: Mar 2006
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if rental income for office is good, i dont mind...
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Jan 13 2011, 10:11 AM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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sigh... SO will not make it for this area
anyone have confirmation that it's SO but for SOHO? besides the term 'Business Suite' on their website? |
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Jan 13 2011, 10:14 AM
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Senior Member
820 posts Joined: Jan 2003
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I just confirmed with the sales agent, it IS business suite and not SOHO....
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Jan 13 2011, 10:27 AM
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Junior Member
462 posts Joined: Oct 2004
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Either SO or SOHO
by looking at the location and the Sunrise brand I think it will still all kena sapu GAO GAO within a day. Just like Empire city ... |
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Jan 13 2011, 10:44 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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do you know what is business suite? Yes, No?
u still want to sapu? if dunno what you buying, still buy? |
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Jan 13 2011, 11:26 AM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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dunno why people is so pessimistic about it being office.
anybody know what is the rental rates for offices in JSI? let's say i charge half the rental rates, that will still be a super duper return. of course, main point is securing a tenant that acknowledge only approx 500 sq ft of office space. |
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Jan 13 2011, 11:52 AM
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(kochin @ Jan 13 2011, 11:26 AM) of course, main point is securing a tenant that acknowledge only approx 500 sq ft of office space. you said it yourself. |
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Jan 13 2011, 12:00 PM
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Junior Member
64 posts Joined: Jan 2003
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QUOTE(kochin @ Jan 13 2011, 11:26 AM) dunno why people is so pessimistic about it being office. And you are being a bit over-optimistic about it. There was such a big hoo haa over Warisan Merdeka due to the office space oversupply in KL. And this development is not exactly helping that situation. anybody know what is the rental rates for offices in JSI? let's say i charge half the rental rates, that will still be a super duper return. of course, main point is securing a tenant that acknowledge only approx 500 sq ft of office space. Pls see: http://www.regroup.com.my/presentations/BN...arket_in_KV.pdf |
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Jan 13 2011, 12:01 PM
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Junior Member
462 posts Joined: Oct 2004
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you know what?
a lot of those typical uncle/aunty will just BBB 1st then think later, no jokes this is really what i observe from my experience ... some dont even care what is SO what is SOHO... XD |
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Jan 13 2011, 12:13 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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psssttt....
do a search on iproperty. office for rent at jalan sultan ismail. specify area less than say 600 sq ft. you should be plesantly surprised with the results. i think i should be happy with just 5% yield and hope for capital app. but of course, that's just my 2 rupiah. |
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Jan 13 2011, 12:14 PM
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Junior Member
104 posts Joined: Dec 2004
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i guess its not the cost factor now...if just going by the cost of the place...its worth it. but we are now facing a glut of office space in kl...so whether this is worth it...have to think about it really hard
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Jan 13 2011, 12:27 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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QUOTE(giggsy @ Jan 13 2011, 12:14 PM) i guess its not the cost factor now...if just going by the cost of the place...its worth it. but we are now facing a glut of office space in kl...so whether this is worth it...have to think about it really hard if you are a rental, where and who would you like to rent from?by maintaining same amount of rental payable, say rm5psf for office, it's natural that business would move to more establish or new places. that is why 'old' office development is 'dying' and in need of major refurbishment or redevelopment. new offices should generally do well for the 1st few years. on a side note, i fully agree there's office glut. but then again, golden triangle address from prime developer at this kinda price does make commercial sense for new offices being set-up right? the fearful parties should be those holding nearby mini offices like sunway tower, etc. fyi, binjai 8 by UOA starts from 761 sf @ RM880,800 crest JSI (just next to this development) starts from 610 sf without car park i rest my case and shall not divulge more of my detailed studies. and of course, it's just my 2 rupiah's worth. |
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Jan 13 2011, 12:50 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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If still want studios I can recommend at petaling jaya. Jaya that side. But I think many register already pre register there interest there as well
Will launch soon. |
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Jan 13 2011, 01:04 PM
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Junior Member
402 posts Joined: Jan 2011
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imagine this if you buy SS as ofis .........
your customers will see aunties and uncles in pyjamas or shorts loitering around in lobby or corridors. |
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Jan 13 2011, 06:06 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(airline @ Jan 13 2011, 12:50 PM) If still want studios I can recommend at petaling jaya. Jaya that side. But I think many register already pre register there interest there as well mana ohhh??? centrestage pj sec13? or jaya one evolution?Will launch soon. |
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Jan 13 2011, 11:45 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(accetera @ Jan 13 2011, 01:43 AM) maintains Buy call on this one (provided it is residential friendly) since it is one of the cheapest thing given its location at KL CBD now.... Same here. Thumbs down if it's purely office play.......but looks like Sunrise will do an Empire with this one..... Guess will know more later today...... |
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Jan 13 2011, 11:48 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(Pai @ Jan 13 2011, 11:45 PM) Same here. Thumbs down if it's purely office play.......but looks like Sunrise will do an Empire with this one..... Guess will know more later today...... Today left 12 minutes wor...... |
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Jan 13 2011, 11:58 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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very horrible lar, if sunrise do like empire
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Jan 14 2011, 12:02 AM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(yoki @ Jan 13 2011, 11:58 PM) very horrible lar, if sunrise do like empire do like empire.? Empire SOHO = Small Office Hip Office in the legal document. Also mention meant for office purpose only. First time I see SOHO is not Small Office/Home Office. |
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Jan 14 2011, 12:09 AM
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All Stars
10,777 posts Joined: Sep 2009
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nowadays lotsa lotsa these kinda "hybrid" stuffs... very misleading...
almost everything these days or coming future will be like hybrid (recall hybrid car, even now in accounting, etc) .. neither here nor there :sad This post has been edited by accetera: Jan 14 2011, 12:10 AM |
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Jan 14 2011, 12:13 AM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(accetera @ Jan 14 2011, 12:09 AM) nowadays lotsa lotsa these kinda "hybrid" stuffs... very misleading... Trouble is during sales, SA just mention SOHO or Service suites. Buyers think can be both. Come to S&P, mention for office purpose only. How? This is the case of Empire Damansara. But Empire furnish with bed. almost everything these days or coming future will be like hybrid (recall hybrid car, even now in accounting, etc) .. neither here nor there :sad LOL........ |
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Jan 14 2011, 12:52 AM
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Junior Member
230 posts Joined: Dec 2009
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Should I still go for the invitation?
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Jan 14 2011, 01:07 AM
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Senior Member
2,442 posts Joined: Jan 2009
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Why not if you have time ... just go look see look see ...
... |
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Jan 14 2011, 08:56 AM
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Senior Member
1,050 posts Joined: Jan 2011
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whose going for the launch:
Please list down your name, time going, date going....... btw for those who is going...bring your Iphone, Android, etc along...then update us in the forum....lol |
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Jan 14 2011, 11:53 AM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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apparently there's a huge queue in their sales office now. and they are not permitted to any information as it's only by invitation basis.
still undecided whether it's a good buy or not. also understand that the 2nd block only would be residential friendly, not the currect 1st block launched. |
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Jan 14 2011, 11:57 AM
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Junior Member
64 posts Joined: Jan 2003
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wah kochin, your news very fast
very funny that they would give the residential options to the 2nd block registrants and not the 1st. I thought that it would be the other way around hehe |
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Jan 14 2011, 12:05 PM
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(Pai @ Jan 13 2011, 11:45 PM) Same here. Thumbs down if it's purely office play.......but looks like Sunrise will do an Empire with this one..... Guess will know more later today...... Dear PaiIf sales people@sunrise market it as SOHO (convey that it is residential) but on the S&P it is Small Office Hip Office like Empire. then is it still purely office play? or a big question mark? |
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Jan 14 2011, 12:29 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(kochin @ Jan 14 2011, 11:53 AM) apparently there's a huge queue in their sales office now. and they are not permitted to any information as it's only by invitation basis. Queue started already???? Please bring your maid to sleep there. still undecided whether it's a good buy or not. also understand that the 2nd block only would be residential friendly, not the currect 1st block launched. Added on January 14, 2011, 12:33 pm QUOTE(Jason @ Jan 14 2011, 12:05 PM) Dear Pai I think Sunrise will need to clarify the status during the sales. Not let the lawyer clarify.If sales people@sunrise market it as SOHO (convey that it is residential) but on the S&P it is Small Office Hip Office like Empire. then is it still purely office play? or a big question mark? This post has been edited by webby88: Jan 14 2011, 12:33 PM |
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Jan 14 2011, 12:39 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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really start queueing dy?
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Jan 14 2011, 02:27 PM
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Senior Member
4,526 posts Joined: Mar 2006
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very well manage by sunrise to avoid further manipulation
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Jan 14 2011, 02:31 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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wait for pai's feedback.
i think he got preview for 1st viewing? |
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Jan 14 2011, 02:37 PM
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Senior Member
820 posts Joined: Jan 2003
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How easy would it be to rent out office space here? Will the redevelopment around this area increase its value? Is it considered grade A offices? Just thinking these questions out loud..
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Jan 14 2011, 02:42 PM
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Senior Member
4,526 posts Joined: Mar 2006
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only depend on developer ability not just the location.
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Jan 14 2011, 02:55 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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just to point out solaris dutamas quality is totally sucks compared to other sunrise's offering in MK's vicinity.
am guessing this is going to be another 'uncontrolled' in terms of quality project for them?? would appreciate if any other person in the know to share more information on this project here. thanks. |
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Jan 14 2011, 02:56 PM
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Junior Member
187 posts Joined: Jul 2010
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I don't really like this type of last minute pressure selling. It seems that they will only release info on the first preview to those who got invitation. Then, those ppl will be pressured to make quick decision because many others signing up. Because they know they are the first batch, they do not want to lose their privilege and buy because of fear of losing out, not because they think it is good.
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Jan 14 2011, 03:05 PM
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Senior Member
983 posts Joined: Jul 2008
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It's typical, but I'm sure the seniors are more than capable to make sound judgement on this. By the way, Any updates?
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Jan 14 2011, 03:10 PM
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(webby88 @ Jan 14 2011, 12:29 PM) Queue started already???? Please bring your maid to sleep there. Please correct me if i am wrong. But what Sunrise say is irrelevant at the end of the day and its what's on the black and white S&P that matters, no? Added on January 14, 2011, 12:33 pm I think Sunrise will need to clarify the status during the sales. Not let the lawyer clarify. |
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Jan 14 2011, 03:20 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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now rumours say got CP liao. ????
whatever gimmicks they used, IF they succeeded in tempting the 1st batch to wallop all the units, then chances of them flipping for a decent profit would be almost certain liao, right? well, the staff told me they are still open for negotiation even though they themselves do not know what sort of terms would be imposed to them. they are looking at quick money. will update you guys irrespective of whatever happens. |
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Jan 14 2011, 03:34 PM
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Junior Member
401 posts Joined: Jan 2005
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A non-refundable deposit of RM20,000.00 must be paid upon booking to secure your preferred unit.
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Jan 14 2011, 03:39 PM
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Senior Member
983 posts Joined: Jul 2008
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QUOTE(viper_1129 @ Jan 14 2011, 03:34 PM) A non-refundable deposit of RM20,000.00 must be paid upon booking to secure your preferred unit. Even if the loan can't get through? |
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Jan 14 2011, 03:39 PM
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Senior Member
1,747 posts Joined: May 2005 From: Malaysia
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QUOTE(kochin @ Jan 14 2011, 11:53 AM) apparently there's a huge queue in their sales office now. and they are not permitted to any information as it's only by invitation basis. What time u went? when I went there in the morning ok ok what. Still got ppl entertain me.still undecided whether it's a good buy or not. also understand that the 2nd block only would be residential friendly, not the currect 1st block launched. |
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Jan 14 2011, 03:46 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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buy prop under so little info
and becos, alot registrant time to decide is very little likely to make uninformed, irrational decision |
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Jan 14 2011, 04:03 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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QUOTE(surf-it @ Jan 14 2011, 03:39 PM) What time u went? when I went there in the morning ok ok what. Still got ppl entertain me. i didn't go lah.i just key poh with some people working nearby. that's what they told me. so what did you able to korek about this development? have you secured your unit? please share your information after your visit. |
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Jan 14 2011, 05:15 PM
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All Stars
10,777 posts Joined: Sep 2009
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so conclusion is sunrise or sunset?
haha it could be a good marketing/branding for the newly "merged" UEML-Sunrise... specifically for UEML (u know our Summer thingy marked our entry into KLCC market) This post has been edited by accetera: Jan 14 2011, 05:16 PM |
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Jan 14 2011, 05:20 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(accetera @ Jan 14 2011, 05:15 PM) so conclusion is sunrise or sunset? Sunset project by Sunrise Or Sunrise project for Sunsetting????? haha it could be a good marketing/branding for the newly "merged" UEML-Sunrise... specifically for UEML (u know our Summer thingy marked our entry into KLCC market) |
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Jan 14 2011, 06:01 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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Credit to Sunrise............. their last minute change to business suites has ensure that this project will be a sell out.....
and with dual purpose use......this place wont die........ |
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Jan 14 2011, 06:07 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(Pai @ Jan 14 2011, 06:01 PM) Credit to Sunrise............. their last minute change to business suites has ensure that this project will be a sell out..... Pai has spoken....... and with dual purpose use......this place wont die........ |
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Jan 14 2011, 06:58 PM
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Senior Member
6,354 posts Joined: Jan 2003
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QUOTE(Pai @ Jan 14 2011, 06:01 PM) Credit to Sunrise............. their last minute change to business suites has ensure that this project will be a sell out..... I assume Business Suite = can be used as residential? then I guess thats good news.and with dual purpose use......this place wont die........ |
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Jan 14 2011, 07:13 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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latest update:
cheapest unit for non bumi from RM361k starting from 13th floor. 11th, 12th and 14th floor are bumi floors. more than 30% sold as of now. to those "1st batch" people going tomorrow, expect pricing to be in the region of RM500k on average per unit with bigger floor area. i think 2nd batch can save the time. PS: Pai, did you manage to secure any units? |
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Jan 14 2011, 08:15 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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Kochin,..... dunno yet as of now........
Anyway to those who can masuk today or tomorrow below 400k.... Congrats Anything above 500k is a big question mark...... |
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Jan 14 2011, 08:28 PM
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All Stars
10,777 posts Joined: Sep 2009
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OK tmr i want to go visit.. who want to come?
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Jan 14 2011, 08:44 PM
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Senior Member
2,006 posts Joined: Mar 2005 From: Truly Malaise
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I wonder how you all got the preview invitation. I registered my interests in the sunrise website a couple of weeks back. I haven't got any email from them.
Off-topic: What do you guys think about the KL Eco City project? I was at the preview last weekend the indicative price is RM1100 psf if I'm not mistaken. |
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Jan 14 2011, 09:05 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(iamsobloodysick @ Jan 14 2011, 08:44 PM) I wonder how you all got the preview invitation. I registered my interests in the sunrise website a couple of weeks back. I haven't got any email from them. YOU HEARD IT RIGHT. they are looking for average price of RM1100psf for the residential units in klecocity.Off-topic: What do you guys think about the KL Eco City project? I was at the preview last weekend the indicative price is RM1100 psf if I'm not mistaken. newly completed suasana bangsar - limited avaible units for sale from developer are now priced from RM700psf. |
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Jan 14 2011, 10:22 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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wow... rm361k now
i presume no DIBS, right? any free legal fee or other offers? how about the parking lot? |
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Jan 14 2011, 10:47 PM
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Junior Member
259 posts Joined: Oct 2010
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Dun quote me if suspecting my information, with the word "UNPROVEN"
Added on January 14, 2011, 10:47 pmNo car park confirm Added on January 14, 2011, 10:48 pmpodium then start with 11th floor to 32nd floor Added on January 14, 2011, 10:48 pmas at 7pm, appr 30%-40% booked Added on January 14, 2011, 10:49 pmcertain floor + certain unit bumi lots, but i cant remember Added on January 14, 2011, 10:50 pmsort of furnished unit with water heater, air cond..., but i didnt ask much Added on January 14, 2011, 10:51 pmmau masuk gallery, kena halang oleh 2 guards, dun play play... Added on January 14, 2011, 10:52 pmsmall small units still available, so must go early for those wish to purchase Added on January 14, 2011, 10:53 pmdun know why most booked units are higher floor... Added on January 14, 2011, 10:57 pmi dun see why business suite = dual purpose = can stay SOHO not better? Added on January 14, 2011, 10:58 pmif you guys think that no free car park is not an issue, please go q early & buy... This post has been edited by wonghs: Jan 14 2011, 10:58 PM |
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Jan 14 2011, 11:03 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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take it easy bro wonghs
it's just info sharing; those guys at the other forum knows my well they know it's info sharing only; be it true or false u have been a great info sourcing for this project appreciate that |
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Jan 14 2011, 11:05 PM
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Junior Member
259 posts Joined: Oct 2010
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Jan 14 2011, 11:05 PM
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Senior Member
1,346 posts Joined: Jul 2009
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I think they don't use the word SOHO due to ltv 70%. If business suite, classification is office, thus can get 90% loan. However, legally whether there are any implications if office is rented out as residence.
Added on January 14, 2011, 11:07 pm QUOTE(wonghs @ Jan 14 2011, 11:05 PM)
This post has been edited by webby88: Jan 14 2011, 11:07 PM |
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Jan 14 2011, 11:07 PM
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Junior Member
259 posts Joined: Oct 2010
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need the pass just now, for VVIP preview
Added on January 14, 2011, 11:08 pmYeah, i think to avoid the LTV 70%, but isnt the commercial loan rate are higher than residential? Added on January 14, 2011, 11:09 pmAlso i saw one bank there offering BLR-2.00%... Added on January 14, 2011, 11:10 pmSUnset market the units as: 1) KLCC view 2) KL Tower view 3) Cendana view? Added on January 14, 2011, 11:10 pmmaybe got another one is swimming pool view This post has been edited by wonghs: Jan 14 2011, 11:10 PM |
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Jan 14 2011, 11:11 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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patchay,
i wanna go but no invitation. u think u can hook me up? thanks. |
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Jan 14 2011, 11:13 PM
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Junior Member
259 posts Joined: Oct 2010
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but eventually most units wont get KLCC or KL Tower views once the adjoining land being developed. No?
Added on January 14, 2011, 11:14 pmcannot hooked. unless you share name with the registrant, like me... Added on January 14, 2011, 11:16 pmThere are so many launches, must select the one that suit your investment, cannot simply shoot... unless you're rich..."\ This post has been edited by wonghs: Jan 14 2011, 11:16 PM |
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Jan 14 2011, 11:17 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:13 PM) but eventually most units wont get KLCC or KL Tower views once the adjoining land being developed. No? Summer suites is sandwich between YNH development and another Sunset development before JSI, rite?Added on January 14, 2011, 11:14 pmcannot hooked. unless you share name with the registrant, like me... |
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Jan 14 2011, 11:20 PM
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Junior Member
259 posts Joined: Oct 2010
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YNH yes, but the other side fronting JSI is not confirm... the photos given in the earlier post i think is incorrect...
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Jan 14 2011, 11:22 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:20 PM) YNH yes, but the other side fronting JSI is not confirm... the photos given in the earlier post i think is incorrect... My feel is that there will be another Sunset development beside JSI. Anyway, can someone confirm. How about the access road to SS? |
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Jan 14 2011, 11:25 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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any news on dibs... not offered for this price, right?
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Jan 14 2011, 11:26 PM
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Junior Member
259 posts Joined: Oct 2010
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QUOTE(iamsobloodysick @ Jan 14 2011, 08:44 PM) I wonder how you all got the preview invitation. I registered my interests in the sunrise website a couple of weeks back. I haven't got any email from them. Ya.. saw Tan Sri LKS walking in when i go back...Off-topic: What do you guys think about the KL Eco City project? I was at the preview last weekend the indicative price is RM1100 psf if I'm not mistaken. Added on January 14, 2011, 11:29 pmAccess road is nicely done up by Cendana already... Not aware of DIBS, dun think Sunset will provide... This post has been edited by wonghs: Jan 14 2011, 11:29 PM |
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Jan 14 2011, 11:29 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:26 PM) Ya.. saw Tan Sri LKS walking in when i go back... He give you VVIP invite for Pre preview or not? Added on January 14, 2011, 11:29 pmAccess road is nicely done up by Cendana already... Not aware of DIBS, dun think Sunset will provide... |
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Jan 14 2011, 11:30 PM
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Junior Member
259 posts Joined: Oct 2010
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Definitely there are lands in between JSI & SS for development, but dun know whose lands...
Added on January 14, 2011, 11:31 pmi cannot afford RM1100psf property, unless buying 200 sf, then ok... This post has been edited by wonghs: Jan 14 2011, 11:31 PM |
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Jan 14 2011, 11:32 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:30 PM) Definitely there are lands in between JSI & SS for development, but dun know whose lands... Worst case, SS kena sandwich only. |
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Jan 14 2011, 11:36 PM
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Junior Member
259 posts Joined: Oct 2010
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Meaning no view lor (except high units?)
To me view is not so important but dun wan cemetery view ofcourse... |
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Jan 14 2011, 11:37 PM
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Senior Member
2,442 posts Joined: Jan 2009
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Hi, noob question, Sunrise lauching this at their office in Plaza Mont Kiara? Would like to pay a visit if have time tomorrow...
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Jan 14 2011, 11:38 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:36 PM) Meaning no view lor (except high units?) Cemetary view abit more tricky to avoid for some units. I think the YNH development got large gaps for the premium cemetary view. Maybe this also give KLCC viewing too. To me view is not so important but dun wan cemetery view ofcourse... This post has been edited by webby88: Jan 14 2011, 11:40 PM |
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Jan 14 2011, 11:38 PM
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Junior Member
259 posts Joined: Oct 2010
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is at Block A Ground Floor, also got a canopy outside, you wont missed it when you enter Plaza MK...
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Jan 14 2011, 11:39 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(nkhong @ Jan 14 2011, 11:37 PM) Hi, noob question, Sunrise lauching this at their office in Plaza Mont Kiara? Would like to pay a visit if have time tomorrow... visit anytime. But wanna buy, need to be invited only. |
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Jan 14 2011, 11:40 PM
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Junior Member
259 posts Joined: Oct 2010
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QUOTE(webby88 @ Jan 14 2011, 11:38 PM) Cemetary view abit more tricky to avoid for some units. I think the YNH development got large gaps for the premium cemetary view. Maybe this also give you KLCC viewing too. i am guessing that maybe, just maybe, certain units will get a clear KLCC view leh...Added on January 14, 2011, 11:42 pmMy fren, without invite, i dun think the guards (2 of them!) will allow you to enter the gallery which contained the model, sales charts... weird, i din notice their brochures.. This post has been edited by wonghs: Jan 14 2011, 11:42 PM |
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Jan 14 2011, 11:45 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:40 PM) i am guessing that maybe, just maybe, certain units will get a clear KLCC view leh... Preview usually no brochure. Brochure means all approvals obtain liaow. So delivery when?Added on January 14, 2011, 11:42 pmMy fren, without invite, i dun think the guards (2 of them!) will allow you to enter the gallery which contained the model, sales charts... weird, i din notice their brochures.. |
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Jan 14 2011, 11:45 PM
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Senior Member
2,442 posts Joined: Jan 2009
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QUOTE(webby88 @ Jan 14 2011, 11:39 PM) visit anytime. But wanna buy, need to be invited only. Ok then, I am not invited ... so just dun waste my time going there ... thank alot for the info, tot that tomorrow is opening to public .... Good luck to all Bros got invitation ... hope u all got the dream unit .... |
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Jan 14 2011, 11:47 PM
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Junior Member
259 posts Joined: Oct 2010
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Hi Nkhong, i might be wrong, no harm you go & try, look look c c. Show them 20k & they might just treat you as VVIP also...
Added on January 14, 2011, 11:48 pmDelivery date i dun know, not bothered... Added on January 14, 2011, 11:49 pmThe other forum is asking when launch 2nd block. Answer is: ASAP Added on January 14, 2011, 11:52 pmUnfortunately the 2nd block is very near the highway & $$$ sure increase... This post has been edited by wonghs: Jan 14 2011, 11:52 PM |
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Jan 14 2011, 11:54 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:47 PM) Hi Nkhong, i might be wrong, no harm you go & try, look look c c. Show them 20k & they might just treat you as VVIP also... No harm to drop by. Added on January 14, 2011, 11:48 pmDelivery date i dun know, not bothered... Added on January 14, 2011, 11:49 pmThe other forum is asking when launch 2nd block. Answer is: ASAP Added on January 14, 2011, 11:52 pmUnfortunately the 2nd block is very near the highway & $$$ sure increase... Why nearer to highway, prices should go up? Profiteering by Sunset? So verdict? Worth or not worth to buy? This post has been edited by webby88: Jan 14 2011, 11:54 PM |
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Jan 14 2011, 11:55 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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i reckon they are targeting flippers here once they changed it to Business Suite to entitle more people to get 90% loan
fast selling than SOHO (for 70% loan only) smart move but i wonder how will the subsale market would be once completed. time will tell |
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Jan 14 2011, 11:56 PM
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Junior Member
259 posts Joined: Oct 2010
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aiyo, dun get me wrong, you need to read:
1) 2nd block is nearer to highway 2) somemore Sunset will price it more expensive... Added on January 14, 2011, 11:58 pmVerdict? Dipersilakan Pai TaiKor. Your comment please. This post has been edited by wonghs: Jan 14 2011, 11:58 PM |
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Jan 14 2011, 11:59 PM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 14 2011, 11:56 PM) aiyo, dun get me wrong, you need to read: What is in the podium? So high some more.1) 2nd block is nearer to highway 2) somemore Sunset will price it more expensive... Added on January 14, 2011, 11:58 pmVerdict? Dipersilakan Pai TaiKor. Your comment please. |
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Jan 15 2011, 12:00 AM
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Junior Member
259 posts Joined: Oct 2010
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No doubt. From what i observed, it is more like a Service Apartment to me... facilities & furnishing...
Added on January 15, 2011, 12:01 amMulti-storey Car park lor... Maybe got some shops at the ground (i am not sure) Added on January 15, 2011, 12:02 amHHmmm.. wondering who is owning ALL the car park? Sunset? This post has been edited by wonghs: Jan 15 2011, 12:02 AM |
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Jan 15 2011, 12:02 AM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(lelynx @ Jan 14 2011, 11:55 PM) i reckon they are targeting flippers here once they changed it to Business Suite to entitle more people to get 90% loan hehehe//fast selling than SOHO (for 70% loan only) smart move but i wonder how will the subsale market would be once completed. time will tell WHY soho = ltv70% ONLY? Why Business Suite = 90% loan? Bank offers up to 90% loan to this project's purchaser? must be Sunrise brand name works for bankers...kekeke |
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Jan 15 2011, 12:03 AM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 15 2011, 12:00 AM) No doubt. From what i observed, it is more like a Service Apartment to me... facilities & furnishing... Sunset so secretive arh? I tot they said got briefing before booking. Or everyone there just gasak first and then discover later?? Added on January 15, 2011, 12:01 amMulti-storey Car park lor... Maybe got some shops at the ground (i am not sure) |
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Jan 15 2011, 12:06 AM
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Junior Member
259 posts Joined: Oct 2010
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Briefing? Dun worry, got plenty of Sales Staffs there
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Jan 15 2011, 12:10 AM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 15 2011, 12:06 AM) Briefing? Dun worry, got plenty of Sales Staffs there Thanks for you r invaluable insight. Will drop by if I have time tomorrow. Otherwise, will just pass this one. |
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Jan 15 2011, 12:13 AM
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Junior Member
259 posts Joined: Oct 2010
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You want to borrow my passi?
Added on January 15, 2011, 12:14 amFor tomorrow, you cant avoid the long Q 2nd, whether Sunset will allow those without registration to go in? Added on January 15, 2011, 12:16 amThis passi is good for today (14/1) only, no Q, can select prefered units. If go tomolo with this passi, still kena Q... This post has been edited by wonghs: Jan 15 2011, 12:16 AM |
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Jan 15 2011, 12:17 AM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(wonghs @ Jan 15 2011, 12:13 AM) You want to borrow my passi? can only if noone turned up into the preview function. for sure sunrise will turn into sunset..and calling all registrants...wakaka Added on January 15, 2011, 12:14 amFor tomorrow, you cant avoid the long Q 2nd, whether Sunset will allow those without registration to go in? Added on January 15, 2011, 12:16 amThis passi is good for today (14/1) only, no Q, can select prefered units. If go tomolo with this passi, still kena Q... |
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Jan 15 2011, 12:18 AM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(kh8668 @ Jan 15 2011, 12:02 AM) hehehe// commercial vs residential, dear WHY soho = ltv70% ONLY? Why Business Suite = 90% loan? Bank offers up to 90% loan to this project's purchaser? must be Sunrise brand name works for bankers...kekeke check out the panel bank; my bet only a few of them are there |
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Jan 15 2011, 12:18 AM
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Junior Member
259 posts Joined: Oct 2010
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Dunno whether the 5k discount still on for VVIP?
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Jan 15 2011, 12:22 AM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(lelynx @ Jan 15 2011, 12:18 AM) commercial vs residential, dear business suite = residential?check out the panel bank; my bet only a few of them are there soho = residential? partly, right? i tot most of the banks offer commercial building up to 85% inclusive mrta This post has been edited by kh8668: Jan 15 2011, 12:23 AM |
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Jan 15 2011, 12:30 AM
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Junior Member
259 posts Joined: Oct 2010
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i didnt ask the banker regarding the margin, but is BLR-2.00%
Added on January 15, 2011, 12:33 amPersonally i think this SS is not bad, just doesnt have free car park only. If wanna buy, will go for the small unit below RM400k. This post has been edited by wonghs: Jan 15 2011, 12:33 AM |
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Jan 15 2011, 12:52 AM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(kh8668 @ Jan 15 2011, 12:02 AM) hehehe// Simple.......soho is considered as residential where as business suite is commercials.......and commercials not subjected to 70% ltv........ Hence why I genuinely think this project will sell well..... Irrespective of the obvious negatives that comes with the package......WHY soho = ltv70% ONLY? Why Business Suite = 90% loan? @wonghs, That's what I'd buy as well...... But think cap appreciation will be fairly limited for this one......good if can get units but it's not like there aren't better buys out there at the moment..... |
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Jan 15 2011, 01:06 AM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(Pai @ Jan 15 2011, 12:52 AM) Simple.......soho is considered as residential where as business suite is commercials.......and commercials not subjected to 70% ltv........ Hence why I genuinely think this project will sell well..... Irrespective of the obvious negatives that comes with the package...... Hehe...to me@wonghs, That's what I'd buy as well...... But think cap appreciation will be fairly limited for this one......good if can get units but it's not like there aren't better buys out there at the moment..... SOHO = still commercial office suite but there is no limitation for you to use as residential... really can't understand this soho concept. everywhere got soho pj 5 soho (as office suite concept but got facilities such as SS as well, refer to http://www.iproperty.com.my/developments/1457/PJ5_SOHO ) soho-klcc (development approved as 1 block of office suite and 1 block of serviced apartment) binjai 8 (development aproved as serviced apartment) M-City (mixed development also got soho units) The Troika ( also got soho units) Empire Subang (soho units?) Empire City (serviced apartment or soho) issssssssssssssssssssskkkkkkkkkkkkkkkkkkkkkkk..... pening |
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Jan 15 2011, 01:07 AM
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Junior Member
259 posts Joined: Oct 2010
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Oops... i missed the boat liao...
Nevertheless, i need to save bullets first. Good luck to all those buying... Just be early tomolo, still got good units... Added on January 15, 2011, 1:13 ami thought SOHO is considered commercial, Small Office Home Office. 2 Offices vs 1 Home... Yes, serviced apartment is subject to the HDA although on commercial title. Any bankers can help to define this LTV effect to soho & SA? This post has been edited by wonghs: Jan 15 2011, 01:13 AM |
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Jan 15 2011, 07:47 AM
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Senior Member
2,847 posts Joined: Oct 2010
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QUOTE(wonghs @ Jan 15 2011, 01:07 AM) Added on January 15, 2011, 1:13 ami thought SOHO is considered commercial, Small Office Home Office. 2 Offices vs 1 Home... Well saidThis post has been edited by hidden830726: Jan 15 2011, 08:04 AM |
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Jan 15 2011, 09:12 AM
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Senior Member
1,346 posts Joined: Jul 2009
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As far as the banks are concern, SOHO, Service Apartment, Service Residence, Apartment Suite all fall into the home category though under commercial title. So ltv 70% cannot escape. To explore loophole, Sunset had classify it into office of course built toilets and kitchen/pantry to make it liveable. But do be careful when it comes to legal and check with the lawyers first. I believe, the S&P should state that the purpose of the unit is for office only. This is where I feel very uncomfortable. Anyway, I am going to pass. Don't fit my category of office and apartment. However, I feel it is a good investment for the low entry prices. Should have upside. Good luck. Cheong arrh............!!!!!!! |
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Jan 15 2011, 10:07 AM
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Junior Member
259 posts Joined: Oct 2010
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Firstly if it is not protected by HDA, a bit unsafe...
Commercial property, pls make sure you read the SPA properly... especially the smallest fonts... The loophole... haha... Dont underestimate BNM... BNM got a lot of smart & clever people... |
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Jan 15 2011, 10:25 AM
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All Stars
10,777 posts Joined: Sep 2009
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heard dat Sunrise will passing over this project once completed?
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Jan 15 2011, 10:28 AM
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Senior Member
1,346 posts Joined: Jul 2009
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QUOTE(wonghs @ Jan 15 2011, 10:07 AM) Firstly if it is not protected by HDA, a bit unsafe... BNM got a lot of clever people with too smart idea. Commercial property, pls make sure you read the SPA properly... especially the smallest fonts... The loophole... haha... Dont underestimate BNM... BNM got a lot of smart & clever people... But once the bank approved for 90% no problem lar...... Only future ones affected. Commercial property will have an accelerated progress payment schedule, shorter liability and higher interest rates. However, the main concern will be if the S&P will state the sole purpose of the building if for opis and not meant for residential dwellings. Now that everyone is happy happy buying no one bothers about this. Once completed got issues with DBKL, then start to point finger. Just make sure to clarify with the lawyers. Added on January 15, 2011, 10:29 am QUOTE(accetera @ Jan 15 2011, 10:25 AM) heard dat Sunrise will passing over this project once completed? Pass to who arh?This post has been edited by webby88: Jan 15 2011, 10:29 AM |
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Jan 15 2011, 05:12 PM
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Junior Member
401 posts Joined: Jan 2005
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Just got back from the launch. Confirmed no car park as the car parks will be rented out by Sunrise. Most units (high floor with good views) are taken up already. 0.42 maintenance fee psf.
There isn't much info provided at the gallery. You'll have to wait for your turn to be serviced by a sales rep (pretty bad service). Most ppl just go in, see which units are available and start queuing to book (pay non-refundable deposit of 20k). The picture in the first post was kind of misleading because I thought this project will be next to Jln Sultan Ismail. Turns out its not. Highest margin of financing that you'll get from banks are 85% (so far I've seen). |
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Jan 15 2011, 05:24 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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How many sold? Bbb?
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Jan 15 2011, 06:24 PM
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Junior Member
415 posts Joined: Jan 2003
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80-90% sold. Rough estimation though.
Only a few units of the smallest size left. Mostly 13A. |
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Jan 15 2011, 06:55 PM
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All Stars
10,777 posts Joined: Sep 2009
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I WAS THERE..........
Ppl buy without second thoughts? ------------------------------------------ |
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Jan 15 2011, 09:34 PM
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Junior Member
40 posts Joined: Feb 2009
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got one at 15th floor, 635sf at RM467k, ok or not?
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Jan 15 2011, 09:53 PM
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Junior Member
20 posts Joined: Nov 2010
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Hey Jelen,
There's two types, one facing klcc, the other facing kl tower. Which one you're taking? Added on January 15, 2011, 10:06 pmWent there today.. People's buying like crazy.. This post has been edited by claritzel: Jan 15 2011, 10:06 PM |
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Jan 15 2011, 10:31 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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QUOTE(jelen @ Jan 15 2011, 09:34 PM) got one at 15th floor, 635sf at RM467k, ok or not? congrats! |
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Jan 15 2011, 10:32 PM
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Senior Member
820 posts Joined: Jan 2003
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It was very messy today. You choose your unit twice, once outside and another time inside. By the time you reach inside, if the unit is already taken, then you have to choose again. In that case why choose outside at all? Straightaway walk in and choose la....
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Jan 15 2011, 10:38 PM
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Junior Member
20 posts Joined: Nov 2010
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QUOTE(eXTaTine @ Jan 15 2011, 10:32 PM) It was very messy today. You choose your unit twice, once outside and another time inside. By the time you reach inside, if the unit is already taken, then you have to choose again. In that case why choose outside at all? Straightaway walk in and choose la.... The one in the inside is a confirmation that the unit's not taken. By the time you go inside, you gotta confirm your lot and make payment d. |
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Jan 15 2011, 10:42 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(claritzel @ Jan 15 2011, 10:38 PM) The one in the inside is a confirmation that the unit's not taken. By the time you go inside, you gotta confirm your lot and make payment d. Yes but the salesperson outside never clarify the situation, I thought choosing outside means they hold the unit for you already! Not just me, another person in the queue in front of me thought the same thing. |
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Jan 15 2011, 11:08 PM
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Junior Member
20 posts Joined: Nov 2010
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The salesperson must be so busy with everyone else that he missed out that point. Luckily there's one salesperson who inform to choose few units first just in case the unit no longer available when you go inside. The chart outside is not the latest cause every units' selling like hot cakes. The time taken for one sales rep to travel thru and fro from the room inside to outside, whoopss..another units taken. The response was too good..that's why..
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Jan 16 2011, 12:32 AM
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Junior Member
40 posts Joined: Feb 2009
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mine no KLCC/KL tower view,
bigger (635sf)about 735psf still can see pool (better than nothing)... Might be joining with another friend for another quite nice unit, 31th floor (KLCC view), 469sf @ about RM420k (>RM880psf). |
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Jan 16 2011, 01:14 AM
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Junior Member
6 posts Joined: Jan 2011
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QUOTE(jelen @ Jan 16 2011, 12:32 AM) mine no KLCC/KL tower view, Any idea how many units left? When I left that time at noon, 635 units left quite a lot of units.. bigger (635sf)about 735psf still can see pool (better than nothing)... Might be joining with another friend for another quite nice unit, 31th floor (KLCC view), 469sf @ about RM420k (>RM880psf). |
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Jan 16 2011, 09:47 AM
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Senior Member
820 posts Joined: Jan 2003
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Should be sold out by today....BBB!
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Jan 16 2011, 12:38 PM
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Senior Member
1,050 posts Joined: Jan 2011
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QUOTE(eXTaTine @ Jan 16 2011, 09:47 AM) Should be sold out by today....BBB! so got free parking??i din get to go....was bz whole day.... |
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Jan 16 2011, 02:44 PM
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Senior Member
4,526 posts Joined: Mar 2006
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parking 200 pm
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Jan 16 2011, 07:13 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(JamesPond @ Jan 16 2011, 02:44 PM) parking 200 pm Thought it was 250 pm? |
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Jan 16 2011, 08:58 PM
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Senior Member
1,006 posts Joined: May 2007 From: Singapore
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QUOTE(eXTaTine @ Jan 16 2011, 07:13 PM) Thought it was 250 pm? 250pm for 2 years.Btw, I just realised that I have taken 2 different layout, one with pool view, one w lawn. Can anyone care to shed some light why the differences? My unit is at level 12, one level above the pool level. Added on January 16, 2011, 9:09 pm QUOTE(kh8668 @ Jan 15 2011, 12:02 AM) hehehe// Max loan is 85% the extra 5% is for the MRTA & loan agreement. You still gotta fork out 15%. WHY soho = ltv70% ONLY? Why Business Suite = 90% loan? Bank offers up to 90% loan to this project's purchaser? must be Sunrise brand name works for bankers...kekeke There will be 2 level of retail podium at the bottom, SA said she doesnt have the liberty to reveal who will be the anchor tenant or who would run the commercial unit at the podium. There are 8 levels of carpark, I seriously hope they would convert one more level to retail and turn it into a mix development. Note that there are plenty of residential (cendana) and offices there but lack of retails units. Hence, if sunrise convert this piece into retail, maybe a small mall.. with F&B outlets, I am sure it will be a hit. F&B would be the best bet since office worker would need to lunch somewhere along cendana road. This post has been edited by chess_gal: Jan 16 2011, 09:09 PM |
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Jan 16 2011, 09:32 PM
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Senior Member
2,787 posts Joined: Jan 2003
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1000+ units? Crazy ah. 1 car per unit, they gotta build 1k parking lots leh.
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Jan 16 2011, 09:54 PM
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Junior Member
402 posts Joined: Jan 2011
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any idea how many small or studio units around klcc by 2014 when SS is ready? Will there b demand to absorb this mass supply when many companies are moving to KL suburbs?
i think there will b oversupply of condo units in klcc....holding power is important to invest in klcc property |
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Jan 16 2011, 10:37 PM
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Senior Member
1,006 posts Joined: May 2007 From: Singapore
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QUOTE(ThanatosSwiftfire @ Jan 16 2011, 09:32 PM) 1000+ units? Crazy ah. 1 car per unit, they gotta build 1k parking lots leh. They have 8 levels of carpark, I forgot to ask the SA but I guess it would be about 2k carpark based on my estimation. There might be an oversupply of studio but the other development are pricing their unit at RM850-RM1000 hence if you compare this to M suites, M City, Elements, SS already win hands down on pricing. |
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Jan 16 2011, 10:51 PM
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Senior Member
983 posts Joined: Jul 2008
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So is this going to be a residential or commercial office based on sunrise plan?
635 sq ft x 0.42 = 266.7 per month Parking 250 per month Total maintenance RM516 per month. Based on calculation, 85% loan, Interest Rate 4.3 after -BLR 2% loan 30 years, need to pay RM1,955 per month for a loan of 395,250 + maintenance 516 per month, need at least to rent out RM2471 to break even. Anyone knows the rental around the area currently? This post has been edited by WannaGetBuffed: Jan 16 2011, 10:51 PM |
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Jan 16 2011, 11:28 PM
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Junior Member
6 posts Joined: Jan 2011
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QUOTE(WannaGetBuffed @ Jan 16 2011, 10:51 PM) So is this going to be a residential or commercial office based on sunrise plan? old property RM 5 per sqf635 sq ft x 0.42 = 266.7 per month Parking 250 per month Total maintenance RM516 per month. Based on calculation, 85% loan, Interest Rate 4.3 after -BLR 2% loan 30 years, need to pay RM1,955 per month for a loan of 395,250 + maintenance 516 per month, need at least to rent out RM2471 to break even. Anyone knows the rental around the area currently? new ones like icon and g tower RM 7 kl sentral oso going for RM 7 looks like ada potential… |
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Jan 16 2011, 11:33 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(WannaGetBuffed @ Jan 16 2011, 10:51 PM) So is this going to be a residential or commercial office based on sunrise plan? check maytower rental lol...hahaha...635 sq ft x 0.42 = 266.7 per month Parking 250 per month Total maintenance RM516 per month. Based on calculation, 85% loan, Interest Rate 4.3 after -BLR 2% loan 30 years, need to pay RM1,955 per month for a loan of 395,250 + maintenance 516 per month, need at least to rent out RM2471 to break even. Anyone knows the rental around the area currently? Property Type: Serviced Residence Built-Up: 493 sq. ft. Rental Price: RM 2,200 Bedrooms: Studio Unit type: Intermediate Occupancy: Vacant Furnishing: Fully Furnished Posted Date: 25/12/2010 Facilities: Barbecue Area, Business Centre, Cafeteria, Covered Parking, Gymnasium, Jogging Track, Mini Market, Nursery, Playground, Salon, Sauna, Squash Court, Swimming Pool, Wading Pool, Tennis Court, 24hr Security cool hopefully by 2014, the rental will be increased? or stay stagnant? or it's a better bet for flipping, competing with other 1000 units? Blr-2.00%, hopefully BLR stays at lower and not passing 8%. parking rate 250 per month for 2 years? could be on high side to increase by future, as 8 levels podium carpark can fit 2000 bays on 1.66acres of land? i don't think so. better to check with S.A again. but i too believe can fit 1000 units of bays. any basement carparks? retail podium only 20,000sf as stated in their annual report, believe catering for f&b and other convenient stores and services. This post has been edited by kh8668: Jan 16 2011, 11:38 PM |
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Jan 16 2011, 11:55 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(chess_gal @ Jan 16 2011, 10:37 PM) They have 8 levels of carpark, I forgot to ask the SA but I guess it would be about 2k carpark based on my estimation. There might be an oversupply of studio but the other development are pricing their unit at RM850-RM1000 hence if you compare this to M suites, M City, Elements, SS already win hands down on pricing. think this isnt an accurate comparison. These props arent really within KLCC vicinity...........and all these 3 r freehold? But anyhow u look at it..........700psf for a decent looking facade, small sized units, good developer (not sure if this still hold but should be still better than Mayland ), at this location ............somemore with built ins ....................is really dirt cheap. |
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Jan 17 2011, 12:02 AM
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Senior Member
983 posts Joined: Jul 2008
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I guess after initial thinking, this will be a gamble rather than a sound investment.
If it works out, big money. If it doesn't, better luck next time. Paying 2.5k with no tenant is no small matter to me |
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Jan 17 2011, 12:45 AM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(WannaGetBuffed @ Jan 17 2011, 12:02 AM) I guess after initial thinking, this will be a gamble rather than a sound investment. If no tenant, then sells it, RM750/sf is damn cheap, dun forget, this is Sunrise, assure of quality, it believe it can fetch RM1200/sf when completion easily. If market crash by 2015, the worse 30% drop is still safe If it works out, big money. If it doesn't, better luck next time. Paying 2.5k with no tenant is no small matter to me |
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Jan 17 2011, 08:38 AM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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seems like this project is really a good buy and certified by taiko Pai
quite hard to lose $$$ but also there are pple saying, there will be streams of similar types of property coming off soon |
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Jan 17 2011, 08:59 AM
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Senior Member
2,847 posts Joined: Oct 2010
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QUOTE(UFO-ET @ Jan 17 2011, 12:45 AM) If no tenant, then sells it, RM750/sf is damn cheap, dun forget, this is Sunrise, assure of quality, it believe it can fetch RM1200/sf when completion easily. If market crash by 2015, the worse 30% drop is still safe If no tenant, who will buy? unless u sell it dirt cheap.But developer, location and pricing wise, if compare with some of the equivalent, i think the project is quite nice. This post has been edited by hidden830726: Jan 17 2011, 09:02 AM |
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Jan 17 2011, 09:28 AM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(hidden830726 @ Jan 17 2011, 08:59 AM) If no tenant, who will buy? unless u sell it dirt cheap. If no tenant, then nobody want to buy? This is not shoplotlah, SS can be office can be studio stayBut developer, location and pricing wise, if compare with some of the equivalent, i think the project is quite nice. |
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Jan 17 2011, 12:21 PM
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Senior Member
4,526 posts Joined: Mar 2006
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if no ppl rent then i stay there lor
find a job in kl. kl job offer higher pay... |
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Jan 17 2011, 12:23 PM
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All Stars
10,777 posts Joined: Sep 2009
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revised map not sure correct onot...
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Jan 17 2011, 12:27 PM
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Senior Member
854 posts Joined: Oct 2009
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QUOTE(JamesPond @ Jan 17 2011, 12:21 PM) if no ppl rent then i stay there lor PJ job higher pay wor sometimesfind a job in kl. kl job offer higher pay... |
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Jan 17 2011, 12:31 PM
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Senior Member
4,526 posts Joined: Mar 2006
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it seems like platinum victory and igb having even better pieces.
ynh is the worst |
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Jan 17 2011, 12:41 PM
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Senior Member
1,050 posts Joined: Jan 2011
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QUOTE(JamesPond @ Jan 17 2011, 12:21 PM) if no ppl rent then i stay there lor hahahhaa....find a job in kl. kl job offer higher pay... if you cant rent out...lend it to me la... i can stay there n jaga ur unit for free since i work beside zouk club.... no need to jam to work d.... |
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Jan 17 2011, 01:00 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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guys/girls,
about 90% sold out as of 16/01/2011. 9 types of layout: 1. 470, 493, 576, 636, 795, 904, 1133, 1149 and 1348 2. all non-bumi units for type 470, 493, 576, 636 fully sold! 3. sunrise is selling bumi-units to non-bumi as of now. risk by purchaser themselves if application to convert FAILS. ultimate risk is you lose legal fees, interest paid. Sunrise will reimburse principal payment and deposit. 4. hood, hob, fridge, air con provided 5. no car park provided nor guaranteed to be rented to owner 6. maintenance + sinking fees @ RM0.45/sf 7. loan offered are 85%+5% (for MRTA & Legal), upto 20 years max or 65 years old. 8. BLR - 2.0% for 3 years lock-in, BLR -1.90% for no lock-in Cheers! |
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Jan 17 2011, 01:07 PM
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Senior Member
4,526 posts Joined: Mar 2006
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kochin,
which bank tied to? |
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Jan 17 2011, 01:19 PM
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All Stars
10,314 posts Joined: Dec 2009 From: Malaysia
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QUOTE(JamesPond @ Jan 17 2011, 01:07 PM) kochin, RHB.which bank tied to? guys/girls, extra info. and please read between the lines. they are offering to registered participants only for the current sales. even if you want to buy, you CAN'T unless you hook up with people who pre-registered. and even then, pre-registered personnel can only buy one unit (can't really confirm this news though). on the pros: so far developer have not raised prices even though 90% sold. control of sales seems genuine and only pre-registered people are 'offered' for the purchase control sales for people who intend to buy more units but were rejected due to clause as mentioned above on the cons: genuine people looking at purchasing more units are unable to do so because limited registration i'd registered and took a look but i didn't purchase any units ... yet. cheers! PS: 4 years completion period. subsale during construction is ALLOWED! This post has been edited by kochin: Jan 17 2011, 01:19 PM |
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Jan 17 2011, 01:31 PM
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Senior Member
4,526 posts Joined: Mar 2006
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subsale during construction is ALLOWED!
this is good...can flip easily..kochin go for it.. Added on January 17, 2011, 1:36 pmsubsale during construction is ALLOWED! this is good...can flip easily..kochin go for it.. This post has been edited by JamesPond: Jan 17 2011, 01:36 PM |
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Jan 17 2011, 01:59 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(kochin @ Jan 17 2011, 01:00 PM) 4. hood, hob, fridge, air con provided 4 years construction period and 4 years contruction period is a big plus for those who r vested.......would have been better if got DIBS but then again one cant have everything.......... |
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Jan 17 2011, 02:11 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(Pai @ Jan 17 2011, 01:59 PM) if im not mistaken, kitcab and oven also given......................... Why is 4 years construction period a big plus? Shouldn't it be a negative point as you would be paying interest during the entire construction period?and 4 years contruction period is a big plus for those who r vested.......would have been better if got DIBS but then again one cant have everything.......... |
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Jan 17 2011, 02:36 PM
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Senior Member
4,526 posts Joined: Mar 2006
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4 yrs is a better time now klcc no demand
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Jan 17 2011, 02:48 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(JamesPond @ Jan 17 2011, 02:36 PM) 4 yrs is a better time now klcc no demand 4 years time maybe even worse oversupply?? A lot of service apartment coming online around that time...and even if rental can't breakeven, at least you get rental instead of paying interest without any returns... |
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Jan 17 2011, 02:56 PM
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Senior Member
4,526 posts Joined: Mar 2006
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if you got it ready in short time, certain thing you need to take concern:-
min 3 yrs lock in... built fast might have quality concern you can wait for the progression fee. it wont be one lump sum charge for interest. 10% 10% 10% 10%, you are just paying small portion. maintainance fee, the fee now can say it is quite expansive but 4 yrs later, you might think it is reasonable. if you eager to get immediate unit, undercon is not your game. buy sub-sale. You may get lots of treasure there and you may get immediate rental once all legal work done. |
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Jan 17 2011, 03:31 PM
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Senior Member
6,747 posts Joined: Sep 2010
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at 1st, everyone says good, after that, someone said no car park, 4 yrs undercon, bla bla bla...many said no good, now almost finish, everyone says good.. he he buyers perspective change very fast
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Jan 17 2011, 03:34 PM
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Senior Member
4,526 posts Joined: Mar 2006
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yes, i tot no good but went there see everyone queue to buy. they scared cannot get a unit
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Jan 17 2011, 04:34 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(UFO-ET @ Jan 17 2011, 03:31 PM) at 1st, everyone says good, after that, someone said no car park, 4 yrs undercon, bla bla bla...many said no good, now almost finish, everyone says good.. he he buyers perspective change very fast QUOTE(JamesPond @ Jan 17 2011, 03:34 PM) yes, i tot no good but went there see everyone queue to buy. they scared cannot get a unit Not saying that it is a bad buy....but 4 years construction seems to me more like a con rather than a pro.....ideally is 2++ to 3 years.....Like one forummer said, there's no perfect property.... This post has been edited by eXTaTine: Jun 28 2017, 01:16 AM |
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Jan 17 2011, 05:43 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(kochin @ Jan 17 2011, 01:00 PM) guys/girls, 90% of first block?about 90% sold out as of 16/01/2011. 9 types of layout: 1. 470, 493, 576, 636, 795, 904, 1133, 1149 and 1348 2. all non-bumi units for type 470, 493, 576, 636 fully sold! 3. sunrise is selling bumi-units to non-bumi as of now. risk by purchaser themselves if application to convert FAILS. ultimate risk is you lose legal fees, interest paid. Sunrise will reimburse principal payment and deposit. 4. hood, hob, fridge, air con provided 5. no car park provided nor guaranteed to be rented to owner 6. maintenance + sinking fees @ RM0.45/sf 7. loan offered are 85%+5% (for MRTA & Legal), upto 20 years max or 65 years old. 8. BLR - 2.0% for 3 years lock-in, BLR -1.90% for no lock-in Cheers! how about 2nd block? |
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Jan 17 2011, 05:51 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(eXTaTine @ Jan 17 2011, 04:34 PM) Not saying that it is a bad buy....but 4 years construction seems to me more like a con rather than a pro.....ideally is 2++ to 3 years..... On a short term perspective........yes having your prop VPed at earliest possible is a plus. I dont fancy the prospects of being a seller come 2012-2014......... as I anticipate that it would be a buyer's market then. But, if Sunrise allows subsale during construction...........then it makes no difference for those who wants to let go their unit early....... |
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Jan 17 2011, 09:48 PM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(Pai @ Jan 17 2011, 05:51 PM) On a short term perspective........yes having your prop VPed at earliest possible is a plus. I dont fancy the prospects of being a seller come 2012-2014......... as I anticipate that it would be a buyer's market then. did you get one pai kor?But, if Sunrise allows subsale during construction...........then it makes no difference for those who wants to let go their unit early....... |
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Jan 17 2011, 09:51 PM
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Junior Member
20 posts Joined: Nov 2010
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Hi,
Do you all know which bank offers the best rate, MOF and etc? |
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Jan 17 2011, 09:57 PM
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Junior Member
88 posts Joined: Oct 2007
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60 unit left~~!!!!
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Jan 17 2011, 09:58 PM
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Senior Member
1,006 posts Joined: May 2007 From: Singapore
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QUOTE(jeghui @ Jan 17 2011, 09:48 PM) did you get one pai kor? One? You are underestimating our Pai Kor! |
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Jan 17 2011, 10:09 PM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(chess_gal @ Jan 17 2011, 09:58 PM) One? You are underestimating our Pai Kor! Haha....I was just msging another forummer just now, wonder how many units Pai bought?The question is not so much whether Pai kor bought Summer Suites but how many Pai kor bought..... |
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Jan 17 2011, 10:15 PM
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Senior Member
1,006 posts Joined: May 2007 From: Singapore
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My bet, 3 units.
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Jan 17 2011, 11:30 PM
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Senior Member
4,526 posts Joined: Mar 2006
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i can bet pia did not buy any
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Jan 17 2011, 11:50 PM
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Senior Member
1,006 posts Joined: May 2007 From: Singapore
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QUOTE(JamesPond @ Jan 17 2011, 11:30 PM) i can bet pia did not buy any What do you want to bet? |
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Jan 18 2011, 12:00 AM
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All Stars
10,777 posts Joined: Sep 2009
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2011 have just arrived, and SS already the biggest talk of 2011
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Jan 18 2011, 12:28 AM
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Junior Member
43 posts Joined: Jun 2007
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i think the MRT project plays a tremendous part in determining prices of properties in KL be it residential/offices. with the completion of the MRT hopefully by 2020, it will bring an influx of ppl wanting to work in kl due to the fact that it will be easier and cheaper to get there. ppl from suburbs will have an alternative go to and coming from to KL aside from getting stuck in hours of jam during peak hours. of course that is if and a BIG IF the MRT is efficient and waiting time be <10mins unlike the KTM commuter. a good example would be singapore where the MRT system is efficient and frequency is 1min during peak hours. you will hardly see empty offices in the CBD. at night u will see whole towers being fully lit. but then again, for KL to achieve something like singapore, it must be a free-er economy and doing business must be easy to attract foreigners. so some years down the road, if the MRT starts chugging along, SS and other residential/commercial properties in KL will see prices sky rocket. jz my 2 billion zimbabwe dollar...
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Jan 18 2011, 12:54 AM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(chess_gal @ Jan 17 2011, 11:50 PM) What do you want to bet? you think he is like you meh..buying house like buying vegi... Added on January 18, 2011, 12:56 am QUOTE(smartalec @ Jan 18 2011, 12:28 AM) i think the MRT project plays a tremendous part in determining prices of properties in KL be it residential/offices. with the completion of the MRT hopefully by 2020, it will bring an influx of ppl wanting to work in kl due to the fact that it will be easier and cheaper to get there. ppl from suburbs will have an alternative go to and coming from to KL aside from getting stuck in hours of jam during peak hours. of course that is if and a BIG IF the MRT is efficient and waiting time be <10mins unlike the KTM commuter. a good example would be singapore where the MRT system is efficient and frequency is 1min during peak hours. you will hardly see empty offices in the CBD. at night u will see whole towers being fully lit. but then again, for KL to achieve something like singapore, it must be a free-er economy and doing business must be easy to attract foreigners. so some years down the road, if the MRT starts chugging along, SS and other residential/commercial properties in KL will see prices sky rocket. jz my 2 billion zimbabwe dollar... you wont get immediate change just like that.most brain here is not as good like other. just look ourself to indonesia This post has been edited by JamesPond: Jan 18 2011, 12:56 AM |
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Jan 18 2011, 01:52 AM
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Junior Member
90 posts Joined: Jan 2011 From: Petaling Jaya
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Hi everyone, i'm new to this forum, i've bought a Unit of SS, 18 floor.
This is my 1st purchase directly from the developer (all these while i'm buying from the secondary market), actually i'm quite worried because the information regarding to the development is very limited... looks like studio/ but was told it is business suite. But considering the Brand Sunrise and the location, i just hentam....... feel like gambling... hehe |
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Jan 18 2011, 06:28 AM
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Senior Member
2,847 posts Joined: Oct 2010
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QUOTE(Robert L @ Jan 18 2011, 01:52 AM) Hi everyone, i'm new to this forum, i've bought a Unit of SS, 18 floor. Better than buying big small.This is my 1st purchase directly from the developer (all these while i'm buying from the secondary market), actually i'm quite worried because the information regarding to the development is very limited... looks like studio/ but was told it is business suite. But considering the Brand Sunrise and the location, i just hentam....... feel like gambling... hehe » Click to show Spoiler - click again to hide... « MRT project really make this good. But there;s another LRT station nearby right? Will there be any different? This post has been edited by hidden830726: Jan 18 2011, 06:31 AM |
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Jan 18 2011, 07:05 AM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(hidden830726 @ Jan 18 2011, 06:28 AM) Better than buying big small. The initial proposals for the MRT doesn't look like it passes by this development, except for Kampung Baru ( but it remains to be seen if this will actually happen and if there is any pedestrian underpass or overpass across the highway to get to the station.) But the LRT nearby is definately a plus point as it can connect to the MRT, and while MRT is still in planning, we already know that the LRT exists today.» Click to show Spoiler - click again to hide... « MRT project really make this good. But there;s another LRT station nearby right? Will there be any different? |
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Jan 18 2011, 07:33 AM
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Senior Member
1,006 posts Joined: May 2007 From: Singapore
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QUOTE(JamesPond @ Jan 18 2011, 12:54 AM) you think he is like you meh.. You lost! He's vested!buying house like buying vegi... |
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Jan 18 2011, 07:52 AM
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Junior Member
43 posts Joined: Jun 2007
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it's true that MRT doesn't pass directly near SS, i was just saying that coz lots of ppl was saying there is over supply of offices/residential units in KLCC area. so if MRT is working as it is meant to be, then i foresee there will be more ppl coming to KLCC area and taking up all those empty space
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Jan 18 2011, 08:08 AM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(chess_gal @ Jan 18 2011, 07:33 AM) You lost! He's vested! You confirmed it with him? But with all his positive comments here I'll be surprised if he didn't buy any... |
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Jan 18 2011, 08:40 AM
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Senior Member
2,847 posts Joined: Oct 2010
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QUOTE(eXTaTine @ Jan 18 2011, 08:08 AM) You confirmed it with him? But with all his positive comments here I'll be surprised if he didn't buy any... I thought each person can only buy 1? |
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Jan 18 2011, 08:56 AM
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Senior Member
2,934 posts Joined: Dec 2010
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each person can only buy one. thats why i asked Pai if he got one.
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Jan 18 2011, 08:58 AM
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Senior Member
2,847 posts Joined: Oct 2010
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QUOTE(jeghui @ Jan 18 2011, 08:56 AM) each person can only buy one. thats why i asked Pai if he got one. Above above comment say buy more than 1,ok, thats a troll. ok now im clear. thanks. |
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Jan 18 2011, 09:32 AM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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wah...........why does it matter to anyone on whether im vested or not?
Anyhow, for sake of disclosure...........am vested in SS......................not as much as I would have liked...........but more than I initially anticipated............. |
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Jan 18 2011, 09:32 AM
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Senior Member
1,548 posts Joined: Apr 2005
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QUOTE(eXTaTine @ Jan 17 2011, 02:11 PM) Why is 4 years construction period a big plus? Shouldn't it be a negative point as you would be paying interest during the entire construction period? In BBB time, 4 years is better then 3 years, 5 years is better then 4 years, 2 years is better then 3 years. In SSS time, 4 years is worse then 3 years, 5 years is worse then 4 years, 2 years is worse then 3 years. Understand? |
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Jan 18 2011, 09:35 AM
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Senior Member
2,847 posts Joined: Oct 2010
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QUOTE(prody @ Jan 18 2011, 09:32 AM) In BBB time, 4 years is better then 3 years, 5 years is better then 4 years, 2 years is better then 3 years. Explain pls. It makes alot of sense, but need explanation.In SSS time, 4 years is worse then 3 years, 5 years is worse then 4 years, 2 years is worse then 3 years. Understand? |
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Jan 18 2011, 09:39 AM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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Pai always target studios...
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Jan 18 2011, 09:55 AM
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Senior Member
1,548 posts Joined: Apr 2005
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QUOTE(hidden830726 @ Jan 18 2011, 09:35 AM) Explain pls. It makes alot of sense, but need explanation. That means in buy buy buy time, all logic goes out of the window. Anything a developer does also seems positive to the buyer. The buyer finds ways to justify any negative aspects of a project, so that in the end he can buy it.In sell sell sell time, the same applies the other way around. Anything a developer does also seems negative to the buyer. The buyer finds ways to convince him it's not a good time to buy. |
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Jan 18 2011, 10:03 AM
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Junior Member
187 posts Joined: Jul 2010
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QUOTE(prody @ Jan 18 2011, 09:32 AM) In BBB time, 4 years is better then 3 years, 5 years is better then 4 years, 2 years is better then 3 years. ha ha, good one, means black is good and white is even better! In SSS time, 4 years is worse then 3 years, 5 years is worse then 4 years, 2 years is worse then 3 years. Understand? |
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Jan 18 2011, 10:05 AM
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Senior Member
2,847 posts Joined: Oct 2010
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QUOTE(prody @ Jan 18 2011, 09:32 AM) In BBB time, 4 years is better then 3 years, 5 years is better then 4 years, 2 years is better then 3 years. So u are saying, since now is BBB time, 4 years for this project is actually no good, but because BBB, ppl justify negative aspects of it to comfort themselves.In SSS time, 4 years is worse then 3 years, 5 years is worse then 4 years, 2 years is worse then 3 years. Understand? Ok. make sense. Edit: But since u can do subsales between the 4 years period, its not really an issue tho. This post has been edited by hidden830726: Jan 18 2011, 10:06 AM |
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Jan 18 2011, 10:09 AM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(hidden830726 @ Jan 18 2011, 10:05 AM) So u are saying, since now is BBB time, 4 years for this project is actually no good, but because BBB, ppl justify negative aspects of it to comfort themselves. It is still an issue as a finished product (if good) would be able to sell at higher price than an under construction product, though this is not always true nowadays anymore...Ok. make sense. Edit: But since u can do subsales between the 4 years period, its not really an issue tho. |
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Jan 18 2011, 10:42 AM
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Senior Member
4,526 posts Joined: Mar 2006
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pia, i am surprise even 400k you also buy.
you going for high end start now? |
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Jan 18 2011, 10:46 AM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(airline @ Jan 18 2011, 09:39 AM) Pai always target studios... Not true leh..........Zest, TS, Tropics, PDS, Axis, Raintree all arent studios................I target great buys............big or small Added on January 18, 2011, 10:50 am QUOTE(JamesPond @ Jan 18 2011, 10:42 AM) pai, i am surprise even 400k you also buy. 700psf for a p/f unit in KLCC area is defo not high end..................when places like Setapak, Damansara Perdana, Kota D, all selling at min 500psf now......... you going for high end start now? This post has been edited by Pai: Jan 18 2011, 10:50 AM |
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Jan 18 2011, 10:53 AM
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Senior Member
4,526 posts Joined: Mar 2006
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Pia,
I wonder how you can justify you loan. you got behind hill to support you? |
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Jan 18 2011, 11:02 AM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(JamesPond @ Jan 18 2011, 10:53 AM) Pia, JamesPond, this statement seems quite insulting...in any case, why should his financial capability be your concern?I wonder how you can justify you loan. you got behind hill to support you? |
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Jan 18 2011, 11:09 AM
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Senior Member
4,526 posts Joined: Mar 2006
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coz i am currently suffering pre-approval loan due to high commitment. all tied under-con. Cant justified further....
http://www.sunrisebulletin.com/sunrisebulletin/v.aspx?n=199 |
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Jan 18 2011, 11:10 AM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(JamesPond @ Jan 18 2011, 11:09 AM) coz i am currently suffering pre-approval loan due to high commitment. all tied under-con. Cant justified further.... careful when investing. check affordability. start small.http://www.sunrisebulletin.com/sunrisebulletin/v.aspx?n=199 |
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Jan 18 2011, 11:22 AM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(prody @ Jan 18 2011, 09:32 AM) In BBB time, 4 years is better then 3 years, 5 years is better then 4 years, 2 years is better then 3 years. While we cant predict whether it will be a BBB or SSS in 2015............. 1 thing i know for sure is that 2 things will be more expensive in 2015 :In SSS time, 4 years is worse then 3 years, 5 years is worse then 4 years, 2 years is worse then 3 years. Understand? 1. Land cost 2. Construction cost. So the longer you hold..........the more valuable it is....... |
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Jan 18 2011, 11:28 AM
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Senior Member
4,526 posts Joined: Mar 2006
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left some bumi lot....chinese can buy or not?
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Jan 18 2011, 11:30 AM
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Junior Member
6 posts Joined: Jan 2011
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QUOTE(JamesPond @ Jan 18 2011, 11:09 AM) coz i am currently suffering pre-approval loan due to high commitment. all tied under-con. Cant justified further.... Sold out over the weekend... WOW Congrats to all buyershttp://www.sunrisebulletin.com/sunrisebulletin/v.aspx?n=199 |
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Jan 18 2011, 11:37 AM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(JamesPond @ Jan 18 2011, 11:28 AM) left some bumi lot....chinese can buy or not? were u invited and did u buy a unit? |
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Jan 18 2011, 11:38 AM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(JamesPond @ Jan 18 2011, 11:09 AM) coz i am currently suffering pre-approval loan due to high commitment. all tied under-con. Cant justified further.... There lies your main prob. http://www.sunrisebulletin.com/sunrisebulletin/v.aspx?n=199 FYI my 1st 5 props were all completed, high yields rental props. Rental income counts big time mate.......and there's plenty other tips one can use to secure financing......... But defo no hill behind............so need to be more financially savvy n dynamic to pull off all this without getting into trouble. Education is key |
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Jan 18 2011, 11:53 AM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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Pai Kor, now still can find cheap & reasonable completed unit for rental?
mind sharing? |
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Jan 18 2011, 11:53 AM
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Senior Member
1,548 posts Joined: Apr 2005
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QUOTE(Pai @ Jan 18 2011, 11:22 AM) While we cant predict whether it will be a BBB or SSS in 2015............. 1 thing i know for sure is that 2 things will be more expensive in 2015 : By this reasoning 10 year construction period (2021) would be even better. 1. Land cost 2. Construction cost. So the longer you hold..........the more valuable it is....... |
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Jan 18 2011, 12:00 PM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(jeghui @ Jan 18 2011, 11:37 AM) were u invited and did u buy a unit? ya...invited...what do you think for bumi lot? can buy ? very cheap only 700psf |
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Jan 18 2011, 12:20 PM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(JamesPond @ Jan 18 2011, 12:00 PM) ya...invited... so you're not buying? bumi lot hard to sell later to convert. but high rise buildings, think about rental yieldwhat do you think for bumi lot? can buy ? very cheap only 700psf |
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Jan 18 2011, 12:40 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(jeghui @ Jan 18 2011, 12:20 PM) so you're not buying? bumi lot hard to sell later to convert. but high rise buildings, think about rental yield i saw from myrealestate there... summer suites block A from RM668psf?hehehe...how come bumi lot 700psf>? increase price or at higher floor? This post has been edited by kh8668: Jan 18 2011, 12:41 PM |
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Jan 18 2011, 12:53 PM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(prody @ Jan 18 2011, 11:53 AM) By this reasoning 10 year construction period (2021) would be even better. On the same logic u r not wrong but if it takes 10 years to complete.............then we all should be dead worried Added on January 18, 2011, 12:54 pm QUOTE(lelynx @ Jan 18 2011, 11:53 AM) Pai Kor, now still can find cheap & reasonable completed unit for rental? the word "cheap" n "reasonable" is highly subjective...... mind sharing? This post has been edited by Pai: Jan 18 2011, 12:54 PM |
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Jan 18 2011, 01:17 PM
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Senior Member
838 posts Joined: Aug 2005 From: Selangor
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QUOTE(Pai @ Jan 18 2011, 12:53 PM) On the same logic u r not wrong but if it takes 10 years to complete.............then we all should be dead worried ok ok... let say budget <rm350k? Added on January 18, 2011, 12:54 pm the word "cheap" n "reasonable" is highly subjective...... This post has been edited by lelynx: Jan 18 2011, 01:18 PM |
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Jan 18 2011, 02:28 PM
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Senior Member
2,934 posts Joined: Dec 2010
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left only expensive units. bumi lots some taken up by non bumis. i dunno if thats legal.
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Jan 18 2011, 02:37 PM
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Junior Member
75 posts Joined: Feb 2006
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QUOTE(jeghui @ Jan 18 2011, 02:28 PM) left only expensive units. bumi lots some taken up by non bumis. i dunno if thats legal. yupp...some using 'AliBaba' tricks,it all bog down to developer,they got 1001 ways to play around with.... |
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Jan 18 2011, 03:16 PM
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Senior Member
684 posts Joined: Oct 2010
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QUOTE(Pai @ Jan 18 2011, 11:22 AM) While we cant predict whether it will be a BBB or SSS in 2015............. 1 thing i know for sure is that 2 things will be more expensive in 2015 : very true, one should worry more on the cost of construction fundamental instead of worry the economy might go down. if history can't be trust , what else we can trust?1. Land cost 2. Construction cost. So the longer you hold..........the more valuable it is....... |
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Jan 18 2011, 04:09 PM
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Senior Member
2,934 posts Joined: Dec 2010
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QUOTE(salam03 @ Jan 18 2011, 02:37 PM) yupp...some using 'AliBaba' tricks,it all bog down to developer,they got 1001 ways to play around with.... they cant sell bumi lots to non-bumis. it's not even launched yet. this is a preview.im scared if sunrise kena report to kementerian perumahan then the whole project abandoned. how? |
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Jan 18 2011, 04:56 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(jeghui @ Jan 18 2011, 04:09 PM) they cant sell bumi lots to non-bumis. it's not even launched yet. this is a preview. In Malaysia apa tak boleh? We already hv "abandoned" g'ment, "abondoned" Kementerian, wat to worry, all political business Developer is the KING lah!!im scared if sunrise kena report to kementerian perumahan then the whole project abandoned. how? |
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Jan 18 2011, 05:04 PM
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Junior Member
75 posts Joined: Feb 2006
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QUOTE(jeghui @ Jan 18 2011, 04:09 PM) they cant sell bumi lots to non-bumis. it's not even launched yet. this is a preview. if u can have a teh tarik session with a salesman,they'll told you how they do it...they won't break the law,but they bend around it....im scared if sunrise kena report to kementerian perumahan then the whole project abandoned. how? This post has been edited by salam03: Jan 18 2011, 05:05 PM |
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Jan 18 2011, 08:08 PM
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Junior Member
43 posts Joined: Jun 2007
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i think the developer could re-allocate the bumi lots to those unsold units. not sure if this is legal though. who in the 1st place determine that those specific units stated are bumi units? based on throw dice? or is it spelled out by certain authority that unit so and so on floor so and so must be bumi lot?
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Jan 18 2011, 09:53 PM
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Junior Member
20 posts Joined: Nov 2010
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Anyone knows when do we have to sign S & P? And when do we need to pay remaining balance?
 Some comments from my friends : Good project but who can really come out with such high initial fee within few days notice? It is the rich getting richer.. |
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Jan 18 2011, 09:57 PM
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(salam03 @ Jan 18 2011, 05:04 PM) if u can have a teh tarik session with a salesman,they'll told you how they do it...they won't break the law,but they bend around it.... aiyah.....got developer even one day sold out all bumi and non-bumi units to all non bumi....wakakakaka...money can kao tim one...pay penalty lo..what to do.... normal procedure: Kuala Lumpur bumiputera housing quota 30% allocation for all property development for sale Discount 5% discount on market price. Endorsement on Title The Kuala Lumpur City Council (Dewan Bandaraya Kuala Lumpur) decides before the bumiputera allocation can be sold to others. Release of Allocation Stage 1 •Developer may apply for release of allocation when construction progress has reached 50% completion subject and all non-Bumi units have been sold. The develop should also be promoting the said property units by advertising (minimum of 3 advertisements) in Malay and English newspapers, participating in property exhibitions and other promotions. •Developer is required to submit copies of the advertisement as proof. •Within 3 months after application, DBKL will consider giving release on a staggered basis on a maximum of 30% of remaining unsold units. •The developer is required to re-advertise the remaining unsold units. Stage 2 •Developer may re-apply for release of the unsold Bumi units when the project has reached 80% completion of construction, but developers have to re-advertise and participate in DBKL’s bumiputera Property Exhibition. •DBKL will consider releasing the units on a staggered basis within 3 months of application. •Developer should re-advertise remaining unsold Bumi units and participate in DBKL’s cluster advertisement. Stage 3 •Upon full completion, the developer may re-apply for release of unsold bumiputera units subject to re-advertising conditions. •Developer will consider releasing all remaining unsold Bumi units within 6 months from the issuance of Certificate of Fitness (CF). •Since 18 May 2007, developers are required to contribute a sum to DBKL for release of unsold Bumi quota units. The quantum of the contribution is equivalent to the discount for bumiputera. ============ Malaysia Developers seek reforms to unsold Bumi units By Lee Wei Lian Labourers work at an apartment building under construction in Kuala Lumpur July 23, 2009. - Reuters picKUALA LUMPUR, Oct 5 — The Malaysian Developers Council (MDC) has appealed to the federal and various state governments to implement a transparent system to deal with the issue of unsold Bumiputera-quota housing. The council — comprising the Real Estate and Housing Developers Association (Rehda), Sabah Housing and Real Estate Developers Association (Shareda) and Sarawak Housing and Real Estate Developers Association (Sheda) — said that the current methods of releasing unsold Bumi-quota units to the general market was becoming burdensome and suggested the use of a automatic release mechanism based on a transparent set of criteria. “This automatic release system can be done on a pre-determined time scale,” said MCD in a statement to the media. “There should be no further contribution/levy/penalty from/on the developers upon release.” According to Rehda president Datuk Michael Yam, between 30-70 per cent of the units in a development are currently reserved for Bumiputeras depending on the state and they are also given discounts ranging between 5 and 15 per cent. The quotas and discounts were introduced to expand Bumiputera property ownership under the New Economic Policy (NEP) that was introduced after the May 13 race riots in 1969. Developers can apply to have unsold Bumi-quota units released to the general public but Yam said that the process was too subjective and cash flow strapping as approvals are often “very slow or not forthcoming.” He also questioned the need for developers to pay the 5-15 per cent bumi discount to state agencies upon successful release of a Bumi-quota unit as is the purported current practice. “We need a transparent and open mechanism,” said Yam. He suggested that authorities look at the auto-release mechanism already in place in Sabah as a possible model. MDC also criticised the land surveyors profession for apparently demanding full payment upfront saying any compulsory upfront payment demanded by “any monopolistic professional service providers or organisations” should be resisted. “We appeal to the government to resist and review any legislation of such effect e.g. the Land Surveyors Ordinance where pre-payments are required prior to work done,” stated MDC. Yam noted that the issue was a pressing one for developers especially if all consultants asked for their respective fees upfront. All these fees combined would amount to as much as 10 per cent of the cost of development. “Just imagine a lawyer saying pay me first,” he said. The council also made it known that it was against attempts to restrict the right to manage buildings and properties to any profession or group saying it would result in a “monopoly”. It claimed that the exclusion of “competent persons or bodies” outside a specific profession would be in conflict with a number of laws including the Consumer Protection Act 1999 and the Competition Act 2010. Yam said that the council was referring to the issue of valuers apparently lobbying for the exclusive right to manage shopping malls which he said should be open to anyone qualified. “We want to nip this problem in the bud,” said Yam. “We’re asking for a more open market.” *An earlier copy of this story was corrected for factual accuracy. This post has been edited by kh8668: Jan 18 2011, 10:08 PM |
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Jan 18 2011, 11:42 PM
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All Stars
10,777 posts Joined: Sep 2009
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Jan 18 2011, 11:48 PM
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Junior Member
75 posts Joined: Feb 2006
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QUOTE(smartalec @ Jan 18 2011, 08:08 PM) i think the developer could re-allocate the bumi lots to those unsold units. not sure if this is legal though. who in the 1st place determine that those specific units stated are bumi units? based on throw dice? or is it spelled out by certain authority that unit so and so on floor so and so must be bumi lot? of course developer will scratch their head to allocate them lah....for landed properties...normally bumi lot will be facing junction,facing/beside TNB substation or corner lot with corner side facing the other house backalley.....and becaus of this sooo goood feng shui,they'll give you discount of 7%....its an open secret This post has been edited by salam03: Jan 18 2011, 11:49 PM |
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Jan 19 2011, 12:04 AM
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Junior Member
90 posts Joined: Jan 2011 From: Petaling Jaya
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QUOTE(claritzel @ Jan 18 2011, 10:53 PM) Anyone knows when do we have to sign S & P? And when do we need to pay remaining balance? Hi, i was told the signing of SnP will be after CNY. But very weird, the sales person said when sign SnP, u only need to paid prop price X 10% - 20k. Some comments from my friends : Good project but who can really come out with such high initial fee within few days notice? It is the rich getting richer.. I tot we only can get up to 85% loan, then when to settle the another 5% ler? even the sales person cant answer me this, only replied, u will get informed. |
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Jan 19 2011, 12:16 AM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(Robert L @ Jan 19 2011, 12:04 AM) Hi, i was told the signing of SnP will be after CNY. But very weird, the sales person said when sign SnP, u only need to paid prop price X 10% - 20k. Is based on the progress of construction.....if not mistaken the remainder 5% will be requested once piling is completed...I tot we only can get up to 85% loan, then when to settle the another 5% ler? even the sales person cant answer me this, only replied, u will get informed. This post has been edited by eXTaTine: Jan 19 2011, 12:59 AM |
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Jan 19 2011, 12:36 AM
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Senior Member
1,006 posts Joined: May 2007 From: Singapore
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QUOTE(eXTaTine @ Jan 19 2011, 12:16 AM) Is based on the progress of construction.....if not mistaken the remainer 5% will be requested once piling is completed... Yeap. I too asked the same question before placing my deposit. |
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Jan 19 2011, 11:45 PM
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All Stars
10,777 posts Joined: Sep 2009
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btw how about Tower B ??
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Jan 19 2011, 11:58 PM
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Senior Member
1,313 posts Joined: Jan 2003 From: klang Valley
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will they gonna sell or not?
those who miss the boat when can board it |
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Jan 20 2011, 12:05 AM
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Junior Member
6 posts Joined: Jan 2011
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hope they up the price of tower b and hope tower b sells out too
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