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 Kiara Residence Phase 2, Bukit Jalil or OUG New Development

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Chris Chew
post Dec 27 2011, 01:54 AM

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Quite interested with this project if they still offering the discount, dibs and freebies. Look forward into the pricing when it is release.

The setback is, the undertable mentioned as above and first timer.
Chris Chew
post Dec 27 2011, 11:43 PM

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QUOTE(puchongite @ Dec 27 2011, 11:15 PM)
According to info given by agent it is 450 psf before discount but 420 psf after discount.

Very very steep pricing for a leasehold property. Both the seller and the (potential) buyers are contemplating for a premium pricing because of it's location near to the LRT station.

But the irony is the tenants who can afford to stay there will likely not want to use the LRT station at all, or perhaps will only use it on weekends.
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In my opinion, If KR2 pricing is RM 420 psf after discount, although Leasehold, but with 2 Carparks, DIBS, free kitchen cabinet and 6 tiers security. I believe this is very good price as the location is at least, BJ, KL.

The only setback is KR and KR2 boasting 1000 units. The Leafs ( dunno how many units) And Z Residence another 1000 units.

4 projects at the same row and after completion, it would be total more than 2000 units!

The most benefit of investment would go to The Link shop lots and the shop lots opposite Jalil Sutera.
Chris Chew
post Dec 28 2011, 01:16 AM

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Oh. Thanks for correct me. I confuse with the Leafs and Rains etc.
Chris Chew
post Dec 28 2011, 06:44 PM

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QUOTE(MaiGehGeh @ Dec 28 2011, 09:43 AM)
Now is very diff economy status. If 3 yrs later , the economy remains . Then I would said supply more than demand.

Cheers
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I agree. Obviously the supply is more than demand in the next 3 years. Recently there are too many high rise projects and I wonder how the population in KV can arise in 3 years time. I predict in 2013.

Zest I can rank it as very good condo. However, 720 units project is not a low density project, it is quite a lot ESP most sellers wanted to let at RM 460 psf where valuation is RM 370-380 psf. BK is a place for landed but I suggested Puchong and Rawang would be a hit in coming years.
Chris Chew
post Jan 2 2012, 02:57 AM

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If only internal pre-launch and most public do not aware of it. My trust for this project had went down. Too many confusions here. Sigh
Chris Chew
post Jan 6 2012, 05:40 PM

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What is the smallest size that are still available then?
Chris Chew
post Jan 6 2012, 06:25 PM

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QUOTE(jackyap84 @ Jan 6 2012, 06:07 PM)
if not mistaken is 11xxsq...
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Ohh, thanks.

Will try to go to pay a visit. I just call the developer agents but none of the 3 i called answer my calls.

I looking for condo around 1000-1200 sq feet and with early bird discount. LOL!~

Just worrying this developer background.
Chris Chew
post Jan 6 2012, 07:08 PM

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QUOTE(jackyap84 @ Jan 6 2012, 06:37 PM)
i also worry abt the developer background... u got any info?
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I was told that the developer previously was turnkey developer or contractor.

Not really sure about the background bcz i surveying the location ( which i deem is very good at RM 420 psf although LH ) and quite impress with the floor plan and security, freebies, discounts but i wonder how it going to accommodate since KR1, KR2, ZR and TR already 2500-2800 ( correct me if i am wrong) units exclude KM1.

I dont think the population can increase heavily in 3 years time after the projects completion and VP. Just my small imagination.
Chris Chew
post Jan 7 2012, 07:44 PM

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Tomorrow will pay a visit.

Quite like this project and not impress with the units blocking for no reason.
Chris Chew
post Jan 9 2012, 06:48 PM

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QUOTE(chloe0426 @ Jan 9 2012, 09:54 AM)
i just got one unit for myself is 1276sf with 540k...however i am worried about the background  of the developer. Does anyone can help me?
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540k for 1276 sq ft? Is that after discount?
If not yet, then the price is fair since the concept is quite impressive.

For the developer, like you said, it is first timer and sure people have relevant or minimal info of it's background. But since KR1 fully sold and if KR2 expected high registrants, I suggest should be okay la.

I like the area, quite new and close to The Link, Jalil Sutera, Esplanade and etc. At least Bkt Jalil or KL address.

I dislike bcz my concern about too high density along the area and personally, high end condo should not too near LRT and most of all, the units open or not open to internally and publicly is very discouraging and confusing. Sigh.
Chris Chew
post Jan 9 2012, 10:05 PM

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QUOTE(ryei @ Jan 9 2012, 09:17 PM)
I think the occupancy of the condos' at that area after completion should be around 40-50% (assuming 50% of them buying them for invest purpose, and the remaining for own stay).
So, the traffic will not THAT congested as what we think..

My 2 cents
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Can say so but better prepare just in case. Since so many highrise around there, I need to ask whether the road can be fix and any other alternative routeS to go KL,OUG n Subang Jaya.

If the traffic is ok, I not hesitate to book a unit for own stay.

I need to study the potential route to Kesas Highway or OUG.
Chris Chew
post Jan 9 2012, 11:39 PM

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QUOTE(MaiGehGeh @ Jan 9 2012, 10:18 PM)
IMHO, u r those people wait and see. U should be able to see the road after 3 yrs. Mean, the price will gone up until u think is very pricey. Having said Tat, until Tat time the condo there might not pricey due to road congested.

Cheers.
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Yes, bro, I admit you were true. I am really kind of people who wait and see first bcz I intend to use the cash carefully And also LTV 70% is Hitting me and my income probably only gets 60-70% is kinda pain for entry. And I am not cash rich like most taikors here. That's why I opt for below RM 500k For my next property now.

For investment I am okay but for own stay, I am quite selective bcz many factors like renovation and currently I am working in MV and might change to KD or elsewhere.

For this KR2, I quite like the concept but I didn't get my time to visit the showroom and my colleague gave me a bad feedback of the SA services.

I missed a few opportunities previously even though I can get cheaper than public. But, as long as I spend wisely, I can buy anytime n earn profit, there are nothing will come to late as long as I have small available budget.


Chris Chew
post Jan 9 2012, 11:52 PM

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QUOTE(ryei @ Jan 9 2012, 11:42 PM)
there is no showroom for kr2
no proper advertisement
no proper announcement of launching
everything just sold out silently
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That's why. Even my colleague came back and told me he received too little info from the SA and was told by the SA that, will come back to him for the queries he asked.

Chris Chew
post Jan 13 2012, 02:15 PM

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QUOTE(puchongite @ Jan 13 2012, 11:53 AM)
The developer takes your 3% money get some interests first. So you better hope the property value appreciated by June, then you still untung.

Otherwise, you rugi two times, property value drops and 3% cash money losses 6 month interests. If there is a crash by June, better cancel your purchase.

So I think it might be better to hold the acceptance of loan for now.
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good choice bro.
Chris Chew
post Jan 16 2012, 09:25 PM

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QUOTE(123456789 @ Jan 16 2012, 09:19 PM)
Heard that because this project is under DIBS, each bank has allocated only certain amount of loan.. Once exceeded the limit, getting loan might take a longer time or the bank might not even offer the loan.
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Yup. It's true. Especially for non Tier 1 or 2 developer.

For this project, I think max is either 20mil or 30mil.

The Letter Offer only valid for 1-2 months max. If expired, you need to resubmit the whole loan again.
Chris Chew
post Feb 3 2012, 06:24 AM

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Any news of the current sales?

Seems so quiet since weeks ago.




Chris Chew
post Feb 9 2012, 09:18 PM

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QUOTE(pjguy @ Feb 9 2012, 09:10 PM)
went to sales office today...looking at the sales chat, 660 units from 728 units already put on sticker. remaining units mostly r above 1400sqft. means sales had achieved 90%...
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During launched, most people were quiet and tight lip about KR2, since so many inconsistent claim of first timer and undertable money.

Now suddenly 90% sold. Great game. The concept of the project is really high end and interesting.



Chris Chew
post Feb 9 2012, 09:42 PM

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QUOTE(pjguy @ Feb 9 2012, 09:36 PM)
i think only frew forumers here giving inconsistent claim of first timer and undertable money. but i heard there r more than 3000 ppl registered for this project. so 90% sold is expected lor. but this sales rate is including the units reserved for bumi.
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Oic, maybe speculating the KR2 so not to sell well ...

I personally never hear the agents there tell me for the under table money ... just worry for the first timer, but not much worry since i know the developer is contractor who built The Scott and etc projects ...

Kinda like the concept and since so many freebies, which even 5 tiers security ( although i personally admire it, but maybe 3-4 tier is good enough ) but what i like is layout and concept and sell at RM 400+ psf in Bkt Jalil, even though LH, i feel the most comfortable price ever for a launching ... where 70% of current launching sell overprice by 10-20%


Chris Chew
post Feb 9 2012, 10:34 PM

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QUOTE(Xccess @ Feb 9 2012, 09:55 PM)
Hi Chris, did you purchase a unit as well??
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Hi Taikor Xccess,

Interested to book a small unit and try whether can get loan, bcz 2012 new guideline is quite harsh for my high commitment ... Some more, not many banks are panel, so ...

I prefer Type A, A1 or B ( Prefer 1000-1200 sq feet )

Before the launched, was told fully book and left some units for launch date ...

During launching, I was busy with my schedule and did not visit ... some say still got, some say sold out ...

I confuse with the info from everyone which is not same, then i look for other alternative bcz i dont mind waiting ...

Perhaps, if i yet to buy any, maybe i will wait after someone 's Type A loan unable to approve and try my luck ...









Chris Chew
post Feb 10 2012, 12:11 AM

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QUOTE(Xccess @ Feb 9 2012, 11:50 PM)
Hi Chris, me no taikor lah. Anyway good choice, my friend wanted a smaller unit too and he did exactly the same too, waiting for those whose loan not approve then hopefully can get his desire unit. Good luck! biggrin.gif
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Hi. Icic.

For highrise, I always not keen for big big size. My initial planning is always 1000-1200 sq ft and 3 rooms type. Ideal for planning of flip plus perhaps own stay.

Perhaps I already book a unit during soft launch if 2 of the sales agents answer my multiple calls. But quite confusing about today said sold out, tomoro say got last 2 units and then next 2 days, someone said heard sold out 1 week ago. Lol.


But wonder, if taking the rejected loan unit, would the 7% early bird discount is still applicable. If no, perhaps will proceed my current other choice.


Added on February 10, 2012, 12:33 am
QUOTE(twincharger07 @ Feb 10 2012, 12:04 AM)
boss Chris, what will be the price for 1200 ish unit?
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Taikor, I am young man yet to deserve to be boss. Call me bro I am more happier.

If I can remember correctly is from RM 420 psf.



This post has been edited by Chris Chew: Feb 10 2012, 12:33 AM

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