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 Subang Olives, Is this condo good for investment?

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kevinteh
post Feb 12 2013, 06:15 PM

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From: Kuala Lumpur, Malaysia


QUOTE(daneres @ Feb 6 2013, 09:50 PM)
Not very good at managing forums ....so here's the answer to tanjonny....
you go to the defect centre next to the sales office and look for encik Faizal.
He should be able to advice you about the "ponding". According to the person we bought the unit from, the warranty period is extended for another year.
Am not Chinese, so don't really understand much about "feng shui".
Agree that the entrance and exit is a bit weird, so we hope the current management will do some improvements.
So far still happy with the premises and surrounding areas.
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rclxms.gif

pros
cheapest psf amongst all subang condos
convenience

cons
fengshui - which i believe logically location is the key, thus negates this 'sha qi' gimmick
exterior look - a bit run down, with time i'm sure with the sinking fund allocated will give this a new paint overall



kevinteh
post Feb 25 2013, 11:27 AM

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QUOTE(CMW123 @ Feb 24 2013, 12:07 PM)
For a considered quite new condo, the exterior White paint is quite worn off. Take away any wow at first impression
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That's why. it's undervalued because of this. first impression does matter but if u come to have a look the works are all underway to 'revamp' it.

kevinteh
post Feb 25 2013, 04:51 PM

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QUOTE(CMW123 @ Feb 25 2013, 12:14 PM)
Do you mean the developer is repainting it?

When was the VP of this project? Cannot be using the sinking fund to repiant so soon, rite?
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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.
kevinteh
post Feb 26 2013, 12:48 PM

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From: Kuala Lumpur, Malaysia


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?
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Yes on ur way going down the drive. Before guardhouse on ur right is the phase 2.

 

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