i was almost booked a unit in May 11. i went to Andaman office in USJ on Saturday and that time not much ppl and there are still units available in block B (as informed by the SA).

After thinked twice, decided not go as the actual return is around 4-5% (based on net amount after deducting the furniture cost of RM50k, which i think is too high, and the furniture package is referring to fans (not air-con), tables, chairs, wardrabe, bed and mattress..even not hv cooking hood, refri., and cooker). First 3 years, they will not charge any maintenance fee, but for the second 3 years renewal terms..3 or 4 months rental will be charged for maintenance fee..

Anyway, dif investors got dif preference..since this is a GRR scheme, at least the investors are ensure of tenancy and rental regardless of what is the rate of return..

Good luck to Arc investor.

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Added on July 6, 2011, 10:17 amsorry..opps..should be "i think is too low..."...


This post has been edited by NormanPuchong: Jul 6 2011, 10:17 AM

Then the rate of return maybe lower than 5%, considering the mark-up of RM40k, since the developer's GRR is based on their selling price.

i share yr views....

"i got a big problem with this developer. This developer make me headache X 10. Do hold on, i will post the list of "Bad Services" after i got the refund. Stay Tune !!!!! "

BroNic8909, are u manage to get yr refund?

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Added on October 17, 2011, 10:33 amMGG, this week end r u going to the side? Are there any pictures taken by you to be shared?

This post has been edited by NormanPuchong: Oct 17 2011, 10:33 AM

Recently, there are so many projects that launched in Cyberjaya, maybe the developer did analysis the number of population increase and the number of work force increase, which contributed to the main reasons for such big number increase of supply in Cyberjaya.

Any owners from the previous rental guarantee project from the developer can share with us how or whether developer did honor their promises?