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> THE RAINZ @ BUKIT JALIL [OWNERS' THREAD], Booming LRT hotspot and The Z Residence Investment

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woolei
post Jun 12 2013, 10:32 PM

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QUOTE(22222222 @ Jun 6 2013, 11:21 PM)
Haha....i dun think expensive than Twin Arkz lah.....

Twin Arkz 300++ units only where The Rainz got 800++ units, I think the most can go is 600psf.

I heard around 500psf and all unit size > 1400sf.  biggrin.gif

The funny thing is they called this project as The Rainz@Bukit OUG, where the neighbor called ZR@bukit Jalil & KR1,KR2@bukit Jalil. hmm.gif
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potentially this place will be another mont kiara.. alot of high rise condo.
woolei
post Jul 1 2013, 03:42 AM

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QUOTE(kyo2020 @ Jul 1 2013, 02:10 AM)
new condo market price now at dat area is already min 520psft liao la --> z residence.

if rainz selling 500psft then sure rampas in first hour? maybe habis dirampas internal, no need pre view liao^^
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Agree with u,wont be a cheap at 500psf
woolei
post Jul 2 2013, 01:58 AM

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QUOTE(puchongite @ Jul 1 2013, 05:55 PM)
You don't seem to include OUG Parklane and existing old condos.

OUG Parklane cannot be ignored due to it's high supply and lower price range.

The humongous supply is a big continuum with overlapping market coverage. It's not so easy to draw clear demarcation lines among them.

If the market demand softens, high priced goods will have to compete with lower priced goods.
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A single guy with monthly salary 1.5k to 2.5k will choose to rent a small room in bukit oug condo with Rm 300 without air con.

A single guy with monthly salary 2.5k to 4k will choose to rent a small room in parklane oug with Rm 400 with air con.

A single guy with monthly salary 4k to 7k will choose to rent a small room in kr1,kr2,the z,rainz with RM 700 with air con n facilities.

All high rise are Targeting tenants from different need and affortability. Tenant who enjoy life will only goes for luxury,tenant who want save money and dont need air con always go for bukit oug.
woolei
post Jul 2 2013, 10:48 PM

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QUOTE(22222222 @ Jul 2 2013, 09:28 AM)
Haha...why rent room at B.OUG must without air-con neh?

Why monthly income 2.5k ~ 4k cannot rent room at b.oug, must die-2 rent room at oug parklane?  biggrin.gif
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Bukit oug rm 300 small room can get air con meh?lol~ rm300 with a fan is very worth d.

Parklane so fresh with 200 shoplot, sure alot of tenant move thr after complete.
woolei
post Jul 2 2013, 10:55 PM

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QUOTE(puchongite @ Jul 2 2013, 03:06 PM)
What I want to ask is that, if there is oversupply of condos in the next 1-3 year, in the OUG/Bukit Jalil area specifically, is it going to affect the lower end, the higher end or the mid range ?

Somehow I feel that lower end market is more resilient because their market demand is bigger and their holding cost is lower. Just my gut feel.
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It just like a piramid scheme, bottom is bukit oug, middle is parklane oug, top is the rainz,z resident,kr1,kr2

Bottom got the biggest market,den middle, den top. laugh.gif
woolei
post Jul 9 2013, 09:30 PM

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QUOTE(meteoraniac @ Jul 9 2013, 08:31 PM)
Andy Lau won't be happy lor...
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andy lau brought a unit there meh??
woolei
post Aug 4 2018, 04:45 PM

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QUOTE(HELLO HELLO @ Aug 4 2018, 02:15 PM)
can do more partition increase the room from 4 rooms to 6-8 rooms maybe can hit almost 4k.

now many penthouses did that. can do up to 12 rooms. rent out. sibeh good profit.
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agreed

A standard 3 room 950 sf can split to 5 room.
each can come with owe sub meter +aircon+fan+light and bed.

Assume regular house rental is 1.5k, after split to 5 room can generate 2.1k

Living room + balcony (1 room) - 300
Kitchen +dinning area + yard (1 room) - 300
Master room - 750
Medium room - 450
Small Room -300


woolei
post Oct 31 2022, 10:29 AM

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QUOTE(Ninja1268 @ Mar 1 2022, 12:46 PM)
Dear sifus, I looking to buy 1513 for own stay,
any sifu know what is the bad review?
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u brought d? how was it?

personal thought, if you dont use LRT too frequent, the same amount of money can get a better property near by.

 

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