any owner want to sell unit at there?

May i know what is wrong with this SA? Still got developer units and now only pay RM15k to move in?

Today I just saw 2 western ladies walking on the road from Subang Olives to Empire Mall. Salute them.
Those who purchase units from Subang Olives and One Soho for investment really GG. 2 Years dy still got developer units. Recently property agent told me to ignore Subang Olives because unable to sell a single unit for half year there.
Nowdays I found out developer reserve / hide some units and claim all sold.

If they sell cheap cheap then ppl will come and have a look...

The so called 'exclusive marketing agent' told me the company have great holding power.

But if a condo left vacant for too long, the conditions will turn bad, not to mention not good in terms of fengshui. How much is the developer price psf now?

Its not developer reserve some units and claimed all sold. Its they totally not able to sell out previously. Maybe the feng shui issue or accessibility is quite bad. But I think it was due to it was part of the project being abandoned for a while bfore Amanah took over and sold it as twin suites.

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Added on November 26, 2012, 9:42 amYes. A condo if left vacant too long would be not healthy in terms of every aspects.

Not sure the pricing but early year, it was close to RM 500 psf bfore heavy discount.

In fact, it was the cheapest pricing new condo at Subang area. Next door to it was luxury condo by SD, The Isola sold out at RM 650 psf, completed condo like Saujana, Subang Avenue all at RM 600- 650 psf circa. And Subang Parkhomes were sold at RM 550 psf 2 years ago.



This post has been edited by Chris Chew: Nov 26 2012, 09:42 AM

As mentioned by bro Chris, Olives is the cheapest condo in Subang in terms of sft and the current price is below $500/sft which for me is truly a good price if you loves Subang Jaya and for own stay. Unfortunately this place has been abandoned before Amanah took over from the original developer so those that aware of this issue has been staying away from this condo. Moreover feng shui is not favouring this condo as it's located below the road level and people does not like this kind of place for own stay.

+1

Sometimes, a risky situation can give handsome return. Wonder whether this one worth further research or not. I dont know much about Fengshui but judging from the access, it is not so convenient to get into this condo. Location wise is ideal as I would rather stay here (which is abit quieter) vs the other side of Empire Mall.

Ya. The convenience of access to the condo was quite bad. U need to go down a slope to enter and go out need to up the curvy slope n u turn to out. This is very dangerous although got bump from incoming cars. This condo entrance like without entrance. Lol.

It was surrounded by the highway and main roads, so, u cant escape the noise n dust here.

Anyhow, if can, choose other condos but if die die must Subang and maybe pricing issue, definitely Olives can be rely on bcz its abt RM 150-200 psf cheaper than Saujana, Subang Ave, Tiara series which flooded by Middle Easts and African and those SS12 leasehold and troublesome condos like Laman Baiduri and etc.

You are right, riskier investment sometimes do reward you handsomely if thing works out. However judge from this condo outlook and the facilities it seems that a bit outdated and aging despite only couple of years old so I doubt if entry price at 600k can provides good return despite cheaper psft but at the expense of big buildup. Anyway for own stay I think is one of the best options but for investment I hardly see it can goes up further unless if SJ properties is experiencing another round of booming.

Just bought a unit almost 1900 sq.feet, for just over RM 400.00 per sq.ft. Will move in latest Jan 2013. So far the units seem very airy and bright. High tension wires quite a distance away. Definitely among the cheapest condo in Subang area. Not too far or inconvenient from amenities.
Will update once I move in.

Must be agent.

Why agent?

Ha ha ha....you're wrong! Am not an agent, genuine buyer and owner.
Why so negative.....?

Biasa la, newly created account only 1 post. Ok, congratulation for you buy. Good buy since its a very huge unit.

Good luck in deco!

Quite cheap and fair price. Good discount?
Own stay is okay.

U taking low or high floor? When u open the balcony door, can share whether the noise fr highway is bearable? Facing Subang Jaya or Shah Alam Toll?

Just open an acc to inform lowyat fourumer ur new purchase, lol.

What is cheapest unit there?