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 Kiara Residence Phase 2, Bukit Jalil or OUG New Development

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Chris Chew
post Feb 10 2012, 10:52 AM

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QUOTE(pjguy @ Feb 10 2012, 08:09 AM)


Added on February 10, 2012, 8:19 am

yea i bought kiara 1.


Added on February 10, 2012, 8:38 am

aiyaya...u should call them earlier than soft launch to ask them reserve for u. but i think they still need u to pay them booking fees during soft launch. if u cant attend the launching u should call someone help u to pay the booking fees, or scan yr cheque n email to them.

420psf is after discount.
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Bro, congratulations for your Kiara 1 purchase which is much much cheaper. I don't even know Kiara 1 until I heard about Kiara 2. Lol.

I did call them much earlier than soft launch. First, say cannot book first only can register. I had registered anyway.

Next then told me not open until launching. Next, no pick up for 3 consecutive days.

That's the biggest reason I been lazy to bother and skip. Bcz I not worry as I feel got few pipeline and to be filter.


Added on February 10, 2012, 10:56 am
QUOTE(ronn77 @ Feb 10 2012, 09:59 AM)
The noise from Kesas issue will be more apparent on Tower 3 which is the nearer tower towards Kesas (400 metres) thus my unit will be the most affected. However I'm from the living place which is having many noises and I already immune with this type of surrounding so I do not think this will be an issue. I remember visited one of the condo in Subang Jaya (Olives) which is facing federal higher with the similiar distance fm highway and the noise is there but not that loud and still within acceptable level. It's up to individual anyway and those used to staying in this type of environment may have sleepless night if they move to a quiet place smile.gif
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I am not pro about noises of highway to a highrise residence. But I am more concern about the noises from LRT as it is quite too near.

As, I own a unit of Impian Meridian which is also facing Kesas Highway and it's interchange but I don't feel any noises when I visit my unit once a while. Not sure how near it is compare to KR2. But I was told by valuer friend that KR2 sitting on a lower land of Bukit OUG.




This post has been edited by Chris Chew: Feb 10 2012, 10:56 AM
Chris Chew
post Feb 10 2012, 06:53 PM

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QUOTE(puchongite @ Feb 10 2012, 11:09 AM)
Different people have different ways of looking at things.
People who picked the LRT view units, they feel that LRT cannot be that bad because it will not operate after mid night. So at least one can get a good sleep.
Good that you bring up this. May I know which floor is it your unit ?

Maybe interchange might not be so bad because the cars have slowed down.

Yes KR2 is sitting on lower land but those lower levels are car park.
Huh, pick up the LRT View Unit?

If i buy Medium Cost Apartment, then i am fine with LRT is very near, bcz fits the Medium Cost residences and can boost up the rental.

If for those 400-500k condo like KR2, expected rental needs RM 2-2.5k to cover, i feel LRT is not that big influence for the tenants who can afford RM 2-2.5k rental to come in... just my strategy ...

Somemore, LRT is not that important in my property game, bcz LRT is not convenience yet as at today, and KL people is yet to have attitude to have car pool, not to mention, take LRT to work or any occasions... ( Sorry, just my opinion )

But if i buy landed like DSTH, my most avoid list would be near to LRT.

My unit is 11th floor ... and my friend at 22nd floor ... both facing pool/highway and not much noise at all ...
Chris Chew
post Feb 10 2012, 10:34 PM

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[quote=puchongite,Feb 10 2012, 09:59 PM]
Huh, pick up the LRT View Unit?

If i buy Medium Cost Apartment, then i am fine with LRT is very near, bcz fits the Medium Cost residences and can boost up the rental.

If for those 400-500k condo like KR2, expected rental needs RM 2-2.5k to cover, i feel LRT is not that big influence for the tenants who can afford RM 2-2.5k rental to come in... just my strategy ...

Somemore, LRT is not that important in my property game, bcz LRT is not convenience yet as at today, and KL people is yet to have attitude to have car pool, not to mention, take LRT to work or any occasions... ( Sorry, just my opinion )

But if i buy landed like DSTH, my most avoid list would be near to LRT.
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[/quote]

Fren, what you said is off-topic to what I mentioned lar. We were talking about NOISE pollution, and I am just saying what I think is the reason some people who have bought KR2, prefer to pick the LRT view instead of the KESAS view ( we got only two choices here for KR2!). Because for these people, they are of the opinion that both the KESAS view and LRT view are bad in term of noise, but between the two evils, they rather pick the LRT view because the noise will ceased after mid night.
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[/quote]

Ohh, ok. Chill my fren... nothing is off topic la as long as i still discussing something about KR2 and it's potential ....

I thought the LRT is sitting next to KR2 ( thought only one of the wing facing LRT )

Then if KR2 stands between LRT and Kesas Highway view, perhaps both also a tough choice, in terms of so-so view ... facing Kesas might have better view than LRT but one main is the dust and facing LRT view, see how near it is, if too near and low floor unit, sure probably have the worst facing, and i think higher units would be the best ...

For me, KLCC View, Pool View or what scenery is 2nd option for me, most important is noise and air pollution .... unless i buying KLCC condos ...


Added on February 10, 2012, 10:36 pm[quote=Xccess,Feb 10 2012, 10:02 PM]

Added on February 10, 2012, 7:43 pm

ok!! i think i can remember to take kiara 2 photo for the nexttime visit, but make sure dun break yr promise ya...hehe...happy hour... rclxm9.gif
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[/quote]
Ok Chris, Will keep my promise. Just stay in touch, soon we gonna be neighbour. nod.gif
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[/quote]

Haha, its pjguy not me who promise you ... maybe you look at wrong quote ...

And maybe got people's unit rejected and then we are neighbour one day ... lol ...


This post has been edited by Chris Chew: Feb 10 2012, 10:36 PM
Chris Chew
post Feb 11 2012, 08:35 PM

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QUOTE(luvox @ Feb 11 2012, 07:23 PM)
Noise pollution initially I also worry, but when I sit inside my car at fortune court , also beside kesas highway, actually the noise barely heard smile.gif fortune court nearer to highway I think.

I gt 10xx sf unit from d drop out due to loan problem. But it is a low level unit, lower than 10, face kesas
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Noise pollution shouldn't be big problem.

U got ur unit from drop out unit? Hmm, recently?

I also looking one. Waiting agent call.




Chris Chew
post Feb 12 2012, 02:18 PM

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QUOTE(123456789 @ Feb 12 2012, 12:39 PM)
Wow..i didn't know that rental can go up to rm2xxx/rm3xxx per month.. All the while I thought can only fetch rm1500.. I don't think working individuals are willing to pay this amount. Who are you targeting? Rent to foreigner?
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Kiara price from RM 450k onwards, I put at conservative RM 500k average. I suggest the rental as at today market is from RM 2,000 onwards.

3 years down the road might increase as well as LRT is completed. It only faces stiff competition from Z Residence which is also VP at the same time. The Zest is totally not a direct competitor as located in Kinrara, a much jam place and not as ideal as KR1, 2 or Z Residence or any Bkt Jalils condo.

Too many units available for rent at that area. If rental goes RM 3,000 how much The Treez and KM1 going to fetch? Where are the population?

Must take note that, more and more units available for rent in next 3 years and there is not one LRT only built next to Kiara but a lot of other places. Even Puchong has 4 new LRTs so everywhere almost become convenient. So, why pay more if the tenant is taking LRT to work?




Chris Chew
post Feb 12 2012, 05:00 PM

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QUOTE(Apscen @ Feb 12 2012, 03:19 PM)
still BBBB for KR2....now i regret to pass this... biggrin.gif
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Yup. For KR, I can say probably the most not so expensive condo ever in 2012 launching.

RM 420 psf after discount. Even at LH, a very good price for a location like Bkt Jalil.

Next to The Link, Kesas Highway and good surrounding

6 tiers security. Free kitchen cabinet. Free 4 air cons. 4 units x 2 entrance per floor. Every unit is corner unit.

The most attracting is easy entry with only 3% downpayment and DIBS until completion by 2015.

A good low capital for investment ( if you feel not conservative of few condos surrounded ) and it's much cheap buy if for own stay.


Added on February 12, 2012, 5:02 pm
I have one concern

I had checked that the land is part of the Bukit OUG. And lower land, therefore developer bought cheaper premium and sold the unit at not so high price. Anyone can confirm, once it is completed, the postal address is Bukit OUG or Bukit Jalil?

It's kinda big comparison here.



This post has been edited by Chris Chew: Feb 12 2012, 05:02 PM
Chris Chew
post Feb 12 2012, 06:35 PM

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QUOTE(tmc @ Feb 12 2012, 06:25 PM)
Late, but maybe not too late. Maybe still have leftovers and fallouts due to loan rejects.  blink.gif
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Not many banks are panel. Since so strict for the approval, I am sure got cancel units unless some are fine with 80-85% loan since got 7% discount.



Chris Chew
post Feb 12 2012, 11:57 PM

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QUOTE(tmc @ Feb 12 2012, 11:09 PM)
Anyone knows comparing 80% loan and 90% loan, how much would be the difference in terms of the interest in 3 year, assuming a typical construction schedule.

Say for example a prop value = 600k.
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Difference of 10% of 600k is 60k.

Depends on schedule but estimated progressive interest u pay is approx few thousands.

Anyway, depends on construction progress and how fast developer billing to ur financial institution.
Chris Chew
post Feb 13 2012, 12:08 AM

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QUOTE(pjguy @ Feb 12 2012, 11:57 PM)
km1 and the treez is not locating walking distance to lrt station and i also do not think ppl buying that to serve renting purpose.

yes, it is more convenient after lrt extented, and lrt passenger also will increase once lrt extended. but only limited condo r located walking distance to lrt station.

ppl willing to pay more in renting condo that is walking distance to lrt so that they can take lrt to work. this help them to save their car petro, car parking fees(especially kl), car maintenance fees, car rental fees(some those who not own a car) and time. many places getting more n more jam, jam consume more car petro n time...

actually no need to guess, when u look at iproperty, u will find how much is the rental.
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Yup, you have your point ...

Actually what i mean is, KR1 and KR2 competition is btw themselves and next to door condo, The Rainz ( if i can remember these name well ) and Z Residence.
Total combine would approx 2.5k units or less than 3k

Bcz KM1 and The Treez are higher end condo and much exp compare to 4 above, so, they are in their own league. And non comparable with the 4 above.

Anyway, if based of the 4 mentioned above, i still prefer KR1 or KR2.

However, for rental, i would see easily RM 2,000 onwards ... if 3 years down the road, if the rental market is good, then RM 2,500 is possible since the currency is also smaller compare today ...

Hopefully, our salary will increase by at least 10-20% by 2015.

=))


Chris Chew
post Feb 13 2012, 02:05 PM

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QUOTE(ah_chung @ Feb 13 2012, 01:41 PM)
just wondering did you guys manage to get the specifications for the units? i've asked for it, but the sa said is not available...

and also wondering why there isn't a website for Kiara Residence 1/2? very less info can be found...
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That's the special of KR 1 and 2.


Chris Chew
post Feb 14 2012, 02:16 AM

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QUOTE(ah_chung @ Feb 13 2012, 02:43 PM)
hi chris, r u still looking for smaller unit? I visited sales office last friday, there is 1 unit with 1295 sq ft left at Tower 3 (facing LRT)... but I'm not sure is it still available now...

i suspect the developer has not yet got the specifications ready or the building plan approved, that's why so little info about it. however is this Kiara Resource belongs to Knox? from Knox's website, they have completed a lot of projects...

i doubt their selling point of x-tiers security, as for my current living apartment, the sales agent also promised this and that, 3-tiers of security, sky-garden, etc... ended up, only 1-tier security and not even 1 tree after CF is approved. but this very depends on the developers too. just to share my experience.
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hi ah chung, wow, thanks for your info, appreciate,

Actually i looking for type A ( 1069 sq feet ) or Type A1 ( 1196 sq feet but too bad, 2 balcony wasting space) As small as possible and not too high floor unit ...

Got size of 1295?
As i know Type B is 1260 sq feet. You know which floor and selling price? I think RM 545k and up ( after discount )

But too bad, i hate facing LRT ...

Yupp, the developer is belongs to Knox Group ...




Chris Chew
post Feb 14 2012, 03:07 PM

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QUOTE(ronn77 @ Feb 14 2012, 09:23 AM)
Chris, I remember when I made my booking I saw a unit which is a dropout fm the so-called loan not approved made available for 1298 sqft which comes with 2 balcony. Probably you may be interested in this? This unit is at tower 2 facing kl view and located at medium-higher floor.
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Hi ronn, thanks ...

When u made the booking?

Will go to the showroom and check it out ...

Chris Chew
post Feb 15 2012, 12:31 AM

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QUOTE(ISSIS @ Feb 14 2012, 04:31 PM)
Are you sure the developer is under Knox Group?
They are only marketing consultant !
Can you list any project developed by Knox group?
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I know they are marketing consultant for a lot projects.

But I also was told by fren that developer is actually same group of the Knox group.

Let me find more actual sources for this.


Added on February 15, 2012, 12:33 am
QUOTE(ah_chung @ Feb 14 2012, 04:54 PM)
So Kiara Resource is the new player in this property development?! Knox is only consultant to it! ok, got it now... hopefully it can deliver all features stated in the sales gallery...
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Should be ok Gua.

If they are established developer, I don't think they will sell at such RM 450 psf. Maybe RM 550 Or 600 psf onwards.



This post has been edited by Chris Chew: Feb 15 2012, 12:33 AM
Chris Chew
post Feb 16 2012, 12:42 PM

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QUOTE(Xccess @ Feb 16 2012, 11:19 AM)
Sales agent told me constuction will commence around April for KR2, not sure if it's reliable. From my point of view, worrying won't solve problem, since I already committed to a unit, just sit back and wait for the show to start.
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Was told it won't be commence so early and most probably after April 2012.

For own stay, it might be not a good news but is is for investor view with good holding power.

Since it DIBS, the capital and cost of investment is minimized. Therefore, whether they complete by 2015 or 2016 is same.

But, when goes into flip after VP, the sub sakes and market price for 2015 and 2016 is huge difference. Say, it increase by 7%. A 500k unit perhaps sells at 650k at 2015 and might sells 692k at 2016.

But this is only applies that you do not have the urgency to flip early for capital return for next buy.


Chris Chew
post Feb 20 2012, 01:45 PM

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QUOTE(tmc @ Feb 20 2012, 09:37 AM)
What does one get for corner unit ? More windows ? That is, more single layer less insulated, hot and noisy glass windows ?  brows.gif
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At least, corner gives extra options of providing more fresher air and wind through. Lots of windows sometimes good and bad. It is slightly a bit hot but if nicely put curtain. It shuldnt be any prob.

Good security tiers of 6 and also only 8 units per floor.

At RM 420 psf onwards and such freebies plus easy entry after 7% discount in KL address. I would say the most fair price( if not cheap) ever launched this year.


Chris Chew
post Feb 25 2012, 05:29 PM

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QUOTE(Xccess @ Feb 24 2012, 01:19 PM)
Anyone been to the KR1 and KR2 site recently? how's development progressing??  hmm.gif
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Not much movement. Still btw 0-10% constructions.
The stage is clearing and earth works. Expected for mass construction after AP & DL obtained and S&P signing which expected at July 2012.

Perhaps, it was slow due to many units still pending for loan application.


Added on February 25, 2012, 5:33 pm
QUOTE(tmc @ Feb 24 2012, 01:35 PM)
How's the sales of KR2, is it all sold by now ?  hmm.gif
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Most fully book by 4pm just now.

I wanted a Type A or B, but again, need to wait drop out or rejected loan units.

Type B2 which with double lanai, has 2 units left. The rest all big big size units.

The 7% discount is still applicable.

Any bro or sister here if got Type A or B to drop, please inform me.

This post has been edited by Chris Chew: Feb 25 2012, 05:33 PM
Chris Chew
post Feb 27 2012, 01:34 PM

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Which bank u guys applying?
Chris Chew
post Feb 28 2012, 02:55 PM

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QUOTE(ah_chung @ Feb 28 2012, 02:18 PM)
I found this layout is more practical if compared to those with lanai... because i seldom used lanai, and it becomes very dusty easily even after cleaning for only 1 day...
So have u accept/sign the offer letter? I was told that the validity of the offer is only 2 weeks from the date issued. For alliance, the mortgage agent told me that they are still in the midst of process to be the panel bank for this KR2...
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Hmm agree too. I kinda like the concept of double lanai but since I seldom use it and also, it located beside highway, it's quite hard for maintenance.

I considering Type B1 ( 2 units left ) with double lanai since Type A and B still need to wait for drop out.

However, Alliance Bank is the main panel for this DIBS project.
Chris Chew
post Mar 4 2012, 02:02 AM

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Type C 1457 sq ft has the best layout among A, B And C.

Type A not available. Type B fully booked. Type C facing Pool/Kesas fully booked.

But there are few units (6-8 units) available at Tower 3 facing LRT. Too bad this facing not only direct LRT station but on the right of the balcony, the view us half of the Tower 2 Unit 3A and Unit 5.

For those units with garden, plenty of it available.




Chris Chew
post Mar 4 2012, 01:36 PM

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QUOTE(ronn77 @ Mar 4 2012, 10:21 AM)
I believe for Tower 3 the 1457 sqft still have available units right cause when I book mine weeks ago there's still quite many available.
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Yup. Tower 3, the unit of 1457 still had a lot units. Lvl 15 onwards have a lot choices.

1457 has more practical space compare to double lanai of A1 and B1 where I suggest the master bedroom lanai is big against it's house origin size.

Anyway, the biggest issue for many units not taken was due to it's view.



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