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 Subang Olives, Is this condo good for investment?

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KRC
post Jul 5 2014, 10:41 PM

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QUOTE(silverwave @ Jul 5 2014, 09:34 PM)
When did you see this unit? Let's discuss further by PM.  smile.gif
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I'm newbie here. Not sure how to use PM.

Just go and have a look over tomorrow. Nick pick on everything and bully the agent. Most, if not all the agents are just plain unscrupulous and greedy and over inflate the price. Keep a cool head and an open heart.

Not sure whether that unit still available and if yes whether owner wise-up (prompted by agent) to increase price. Can't remember whether it's on 5th or 6th flr but confirmed lower flr. And it's facing Federal Highway. Not sure about the direction.

Bottomline is, DON'T pay more than necessary.
silverwave
post Jul 5 2014, 10:51 PM

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QUOTE(KRC @ Jul 5 2014, 10:41 PM)
I'm newbie here. Not sure how to use PM.

Just go and have a look over tomorrow. Nick pick on everything and bully the agent. Most, if not all the agents are just plain unscrupulous and greedy and over inflate the price. Keep a cool head and an open heart.

Not sure whether that unit still available and if yes whether owner wise-up (prompted by agent) to increase price. Can't remember whether it's on 5th or 6th flr but confirmed lower flr. And it's facing Federal Highway. Not sure about the direction.

Bottomline is, DON'T pay more than necessary.
*
Haha, no wonder, there's an attachment below on how to access the PM mode.

I have a feeling it's the same unit we are referring to but how long ago did you view it? Price wise i don't think it can be lowered much based on the other listings that i saw.


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hypEr_mad
post Jul 5 2014, 11:26 PM

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That's a very good rate, anyone renting or rent out? Seems like a good price
daneres
post Sep 18 2014, 11:00 AM

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Still sticking to my original positive opinion on Subang Olives.

Painting works completed.
Access cards implemented for entrance and lifts.
New cafe opened, can eat.
Dobi and other services newly started.
Leakage at the parking area currently being repaired.
Strict entrance for visitors.
daneres
post Sep 24 2014, 11:19 AM

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Hi,
I think this is one of the cheapest properties around Subang. We got it at around RM 400 per sq.ft in 2012.

Positive :
1. Spacious units, very good air circulation
2. 16 stories, 4 towers, non high density
3. Not excellent but decent finnishing
4. 11 ft height ceiling.
5. Located in SS16 which is not as congested as the rest of Subang, You should not be subjected to the horrendous jam as the rest of the Subang population.
6. As it's situated in the commercial section, there has not been water/electricity cuts (not 100% sure though)
7. Repainted and security system has been upgraded. Cards for entrances and lifts
8. Astro IPTV for HD TV and high speed broadband. Not free.
9. Acceptable maintenance and sinking fund fees.
10. Extra car park can be leased at reasonable rates if you have more than 2 cars.
11. Storage rooms available for rent at reasonable prices.
12. In general the occupants seem to be decent people of all races.

Negative:
1. Because of the open concept, water can seep in which sometimes causes the lifts to malfunction, but the commitee is trying to rectify it. But there are ample lifts per floor so you can use other available ones.
2. The entry and exit points are not well defined.
3. Not too good finnishing outside and in car parks.
4. If you plan to buy please make sure they redo the water proofing in all the bathrooms. It could still be under developers obligation.
5. Gym very basic.
6. Tennis court not maintained.
7. Badminton court so so.
9. Chinese people seem not to like it being situated near a curve.

Our conclusion, after staying almost 2 years here, we're quite happy and content here despite all the minor discrepancies. Value should logically increase with MRT under construction and a new high end Condo almost completed next to Empire Subang.

I was told it's 50 to 60% occupied.

Hope this info will be helpful.
SUSMNet
post Oct 26 2014, 03:29 PM

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QUOTE(daneres @ Sep 18 2014, 11:00 AM)
Still sticking to my original positive opinion on Subang Olives.

Painting works completed.
Access cards implemented for entrance and lifts.
New cafe opened, can eat.
Dobi and other services newly started.
Leakage at the parking area currently being repaired.
Strict entrance for visitors.
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how much MA fee psf?
PeriPeri2014
post Nov 6 2014, 10:02 PM

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QUOTE(daneres @ Sep 24 2014, 11:19 AM)
Hi,
I think this is one of the cheapest properties around Subang. We got it at around RM 400 per sq.ft in 2012.

Positive :
1. Spacious units, very good air circulation
2. 16 stories, 4 towers, non high density
3. Not excellent but decent finnishing
4. 11 ft height ceiling.
5. Located in SS16 which is not as congested as the rest of Subang, You should not be subjected to the horrendous jam as the rest of the Subang population.
6. As it's situated in the commercial section, there has not been water/electricity cuts (not 100% sure though)
7. Repainted and security system has been upgraded. Cards for entrances and lifts
8. Astro IPTV for HD TV and high speed broadband. Not free.
9. Acceptable maintenance and sinking fund fees.
10. Extra car park can be leased at reasonable rates if you have more than 2 cars.
11. Storage rooms available for rent at reasonable prices.
12. In general the occupants seem to be decent people of all races.

Negative:
1. Because of the open concept, water can seep in which sometimes causes the lifts to malfunction, but the commitee is trying to rectify it. But there are ample lifts per floor so you can use other available ones.
2. The entry and exit points are not well defined.
3. Not too good finnishing outside and in car parks.
4. If you plan to buy please make sure they redo the water proofing in all the bathrooms. It could still be under developers obligation.
5. Gym very basic.
6. Tennis court not maintained.
7. Badminton court so so.
9. Chinese people seem not to like it being situated near a curve.

Our conclusion, after staying almost 2 years here, we're quite happy and content here despite all the minor discrepancies. Value should logically increase with MRT under construction and a new high end Condo almost completed next to Empire Subang.

I was told it's 50 to 60% occupied.

Hope this info will be helpful.
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this near my office.......now 500psft ++

any1 know the launching price??
jutamind
post Nov 8 2014, 05:33 PM

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why is this condo have such low interest as compared to other SJ/USJ condos?
silverwave
post Mar 21 2015, 01:17 PM

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QUOTE(daneres @ Sep 24 2014, 11:19 AM)
Hi,
I think this is one of the cheapest properties around Subang. We got it at around RM 400 per sq.ft in 2012.

Positive :
1. Spacious units, very good air circulation
2. 16 stories, 4 towers, non high density
3. Not excellent but decent finnishing
4. 11 ft height ceiling.
5. Located in SS16 which is not as congested as the rest of Subang, You should not be subjected to the horrendous jam as the rest of the Subang population.
6. As it's situated in the commercial section, there has not been water/electricity cuts (not 100% sure though)
7. Repainted and security system has been upgraded. Cards for entrances and lifts
8. Astro IPTV for HD TV and high speed broadband. Not free.
9. Acceptable maintenance and sinking fund fees.
10. Extra car park can be leased at reasonable rates if you have more than 2 cars.
11. Storage rooms available for rent at reasonable prices.
12. In general the occupants seem to be decent people of all races.

Negative:
1. Because of the open concept, water can seep in which sometimes causes the lifts to malfunction, but the commitee is trying to rectify it. But there are ample lifts per floor so you can use other available ones.
2. The entry and exit points are not well defined.
3. Not too good finnishing outside and in car parks.
4. If you plan to buy please make sure they redo the water proofing in all the bathrooms. It could still be under developers obligation.
5. Gym very basic.
6. Tennis court not maintained.
7. Badminton court so so.
9. Chinese people seem not to like it being situated near a curve.

Our conclusion, after staying almost 2 years here, we're quite happy and content here despite all the minor discrepancies. Value should logically increase with MRT under construction and a new high end Condo almost completed next to Empire Subang.

I was told it's 50 to 60% occupied.

Hope this info will be helpful.
*
Hi, about the water proofing and checking the electric box, do i need to get the maintenance office/developers to check if the unit is recently purchased? I'm wondering if they will charge me for inspection or only if there are rectifications to be done.
hondaracer
post Mar 22 2015, 10:16 AM

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Hi all,

I was at olive recently, the fresh paint was good.

I was looking to upgrade to a larger home, and was looking at usj and subang. Olive looked like a natural choice as it was freehold, but the feng shui which was a "barrier"to most Chinese became less of an issue in the face of lower price per sqft. Olive was the cheapest freehold condo in PJ/subang that I had seen - I still wanted to be around PJ.

Olive was a good location, near federal highway and empire/subang parade; near to catholic high school and lots of chinese school around.

But if you go to the floor with the cafe and swimming pool, there are some plaster ceiling that are broken off, abd some had stains. It was a sore point for me.

I saw some large units. Those units facing federal highway was not that noisy as I was expecting. One thing you would notice was that the quality was reasonably acceptable (is no cracks, minimum hairlinecrack) but if you look at some windows you will begin to see bloated paint at the bottom of windows(eg I have see this in several units).

There are some units still available from developers.

I finally decided against buying olive even though I was offered developer units because my kids prefer to be in the vicinity of Curve/1 Utama.

Kids have their own logic, and I was upgrading my home as they need more space and privacy; near my school, around our favorite malls, nice looking home. Freehold and Price per sqft is not in their equation.





Futura
post Mar 15 2018, 10:40 AM

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From: Subang Jaya



Any Olives owner here? Was wondering does it comes with separate electric meter for the studio unit?


Cookie101
post Jul 15 2018, 01:41 PM

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QUOTE(Futura @ Mar 15 2018, 10:40 AM)
Any Olives owner here? Was wondering does it comes with separate electric meter for the studio unit?
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no but you can instal one...


AskarPerang
post Nov 26 2020, 09:34 PM

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Got a lelong unit sold today in the market.
2 bidders fight.
Sold at 690k. For 1781sqft unit.




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