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 Subang Olives, Is this condo good for investment?

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Chris Chew
post Feb 26 2013, 01:32 AM

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QUOTE(kevinteh @ Feb 25 2013, 04:51 PM)
VP was back in 2011.

rumor has it that the repainting is end of this year.

subsale units are getting higher as owners are holding on to it now because of this possible repainting job.

i don't see any other residences (serviced residences) in the vicinity being lower than olives now.

phase 2 coming up too with soho units.

developer units are still available.
*
If die die must buy Subang condo, Olives can be still worth for consideration since it was 30-40% cheaper than it's neighbours condo which is walking distance away.

But, Phase 2 SOHO units? Still got land to build Phase 2?


JamesPond
post Feb 26 2013, 02:02 AM

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do you know why olives is cheap?
dlyw1103
post Feb 26 2013, 08:36 AM

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If not mistaken, the brochure which I saw from developer back in 2010 consist of 3 blocks. 1 service residence, 1 soho and 1 hotel. Not sure if the plan still on. Almost bought the residence back then but decided to go for subang Parkhomes.
ronn77
post Feb 26 2013, 09:02 AM

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The news I heard is residential with the b/u from 1000 - 1400 sft and indicative price is $600/sft. Barriers already erected at the site which believe that some earthwork already undergoing.
Vestor
post Feb 26 2013, 09:59 AM

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QUOTE(JamesPond @ Feb 26 2013, 02:02 AM)
do you know why olives is cheap?
*
ya, kind of curious too why is it cheaper than others in the surrounding...can please elaborate?
kevinteh
post Feb 26 2013, 12:48 PM

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QUOTE(Chris Chew @ Feb 26 2013, 01:32 AM)
If die die must buy Subang condo, Olives can be still worth for consideration since it was 30-40% cheaper than it's neighbours condo which is walking distance away.

But, Phase 2 SOHO units? Still got land to build Phase 2?
*
Yes on ur way going down the drive. Before guardhouse on ur right is the phase 2.
doraemonkiller
post Feb 26 2013, 11:04 PM

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I thought phase 2 is office and phase 3 will be hotel.
http://www.subangolives.com/phase2.html

Subang Olives swimming pool very small.
smartringgit
post Feb 26 2013, 11:23 PM

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It has three pools, one with exercise equipment.

Bird eye view of the bigger pool:

Attached Image

This post has been edited by smartringgit: Feb 26 2013, 11:26 PM
yoong81
post May 28 2013, 04:29 PM

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went to this place about 2 mths ago.... there were few units left facing federal highway... i tink will be quite noisy...
hondaracer
post Jul 4 2013, 10:28 PM

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What is the price now for 1900sqft??
hondaracer
post Jul 4 2013, 10:35 PM

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Any owners ? How do they handle the sha qi??
putramon
post Sep 17 2013, 05:51 PM

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QUOTE(hondaracer @ Jul 4 2013, 10:35 PM)
Any owners ? How do they handle the sha qi??
*
what's sha qi? sounds spooky..
kh8668
post Oct 2 2013, 03:28 PM

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anyone know still got available unit from the developer?
garygan
post Dec 18 2013, 09:41 PM

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QUOTE(kevinteh @ Feb 25 2013, 04:51 PM)
VP was back in 2011.

rumor has it that the repainting is end of this year.

subsale units are getting higher as owners are holding on to it now because of this possible repainting job.

i don't see any other residences (serviced residences) in the vicinity being lower than olives now.

phase 2 coming up too with soho units.

developer units are still available.
*
may i know more info? thanks biggrin.gif
yltoh
post Dec 18 2013, 11:45 PM

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Thumbs up for tye security. I would say the guards there are giving us visitors a hard time by demanding us to present them with iur licenses and stuffs. Also, they are very responsible, they call up the house owners to check on visitors.. thumbs up for this.
daneres
post Jan 18 2014, 10:48 PM

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I promised to post after moving in and it's been almost 1 year living

in Olives.

1. Price.
Subang Olives is still among the less expensive condo's in PJ or

Subang Jaya. 20-30% less. Bear in mind though that it's gazetted under

commercial and not residential. Water, Cukai Tanah, Assessment will be

charged accordingly. Somehow electricity falls under residential.
I understand that 2 carparks are given per unit, but if you need more

they are available for rent at a reasonable price. There are miniscule

storerooms in front of most of the carparks for rent too.

2. Location.
Since it's located on the same road as KTM, Aeon Big, Subang Parade

and Empire, it's pretty much self contained and you need not battle

with the inner Subang Jaya traffic jam.
MRT is under construction and will pass next to Subang Parade and

Empire. Well within walking distance for the able.
Entry and exit is a bit weird though but one gets used to it somehow.

3. Security.
Security has been upgraded and access cards to elevators will soon be

implemented. Visitors have to register and given a visitor's car

sticker, otherwise cars will be clamped. 24 hour security guards. CCTV

on the lower parking levels will be operational.

4. Units.
Most of the units have floor to ceiling windows which gives us a

feeling of spaciousness and the ceilings are quite high. My unit faces

the Federal Highway and KTM runs directly beneath, but as I'm on mid

level the traffic noise is like a distant buzz. My balcony door is

contstantly open except late at night. We used to live in a very quiet

and residential area in old PJ.
Water pressure is very good. Make sure you check for bathroom leakage,

I had mine rectified before moving in by the developer.

5. Management and the residents committee.
Kudos to the above as a lot of issues are and have been addressed.

To sum it all up, we didn't regret our decision to move here. biggrin.gif
CMW123
post Jan 18 2014, 10:56 PM

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QUOTE(daneres @ Jan 18 2014, 10:48 PM)
I promised to post after moving in and it's been almost 1 year living

in Olives.

1. Price.
Subang Olives is still among the less expensive condo's in PJ or

Subang Jaya. 20-30% less. Bear in mind though that it's gazetted under

commercial and not residential. Water, Cukai Tanah, Assessment will be

charged accordingly. Somehow electricity falls under residential.
I understand that 2 carparks are given per unit, but if you need more

they are available for rent at a reasonable price. There are miniscule

storerooms in front of most of the carparks for rent too.

2. Location.
Since it's located on the same road as KTM, Aeon Big, Subang Parade

and Empire, it's pretty much self contained and you need not battle

with the inner Subang Jaya traffic jam.
MRT is under construction and will pass next to Subang Parade and

Empire. Well within walking distance for the able.
Entry and exit is a bit weird though but one gets used to it somehow.

3. Security.
Security has been upgraded and access cards to elevators will soon be

implemented. Visitors have to register and given a visitor's car

sticker, otherwise cars will be clamped. 24 hour security guards. CCTV

on the lower parking levels will be operational.

4. Units.
Most of the units have floor to ceiling windows which gives us a

feeling of spaciousness and the ceilings are quite high. My unit faces

the Federal Highway and KTM runs directly beneath, but as I'm on mid

level the traffic noise is like a distant buzz. My balcony door is

contstantly open except late at night. We used to live in a very quiet

and residential area in old PJ.
Water pressure is very good. Make sure you check for bathroom leakage,

I had mine rectified before moving in by the developer.

5. Management and the residents committee.
Kudos to the above as a lot of issues are and have been addressed.

To sum it all up, we didn't regret our decision to move here. biggrin.gif
*
When the repainting will take place?
hondaracer
post Jan 19 2014, 08:49 AM

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Painted anot??
hondaracer
post Jan 19 2014, 08:51 AM

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QUOTE(putramon @ Sep 17 2013, 05:51 PM)
what's sha qi? sounds spooky..
*
Bad Fung Shui.... coz olive lies at curve of road, like being sliced into half....

🙈🙈🙈😳😳😳
1ullaby
post Apr 28 2014, 10:15 AM

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Saw new paint works. Looks good!

If anyone looking for bargains in Subang, can consider here. Need to speed some for the unit itself as really bad job, but value wise its there

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