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 Da Men @ USJ 1 ( Next to summit ), Discussion of Vesting potential

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Raub
post May 27 2011, 10:22 AM

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QUOTE(1ullaby @ May 27 2011, 10:09 AM)
thats a flaw argument. are you saying high risk high gain for all projects? from what i see some projects are high risk uncertain gain. hehe.
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ask henryhing, he know which project can earn money ...sure earn ..


Added on May 27, 2011, 10:29 am
QUOTE(henryhing @ May 27 2011, 08:23 AM)
Hey Raub why la u so eager to buy. Price also not confirm yet. Either u r an agen trying to stir a bbb mode for this project or u must be new. Chill la. We only support products that can make money for investor. B4 SA said 550psft and now they said between 550-750psft. Can u see what the developer thinking now? max the price la since many people desperate only
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I thought this forum is open discussion ..I ask when launch , price and any update also cannot ? it means eager to buy? then please ask Administrator to close or remove all the new launching topic la....if I just type few word in this forum can make increase 750 psf , i lagi mahu buy ... because like your thinking, more people type few words then price more higher ...qin cai can hit 1500 psf ....

This post has been edited by Raub: May 27 2011, 10:29 AM
TShenryhing
post May 27 2011, 10:37 AM

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QUOTE(Raub @ May 27 2011, 10:07 AM)
henryhing, then you tell me , which project is sure earn money ????????? 100% sure get profit ????
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Alot but I dont think u can get a hand on it already since people like u BBB spoil market. Of course nothing is 100% but can safely say that property in Klang Valley or KL will help u beat inflation, only if u don inflate the price now which of course will reduce ur speed to catch up with inflation. So u r implicating that even at 750psft for Da Men u will sapu also?? rclxms.gif All other apartments nearby have lock in sales 5-6 years ago for a price 50-70% cheaper there will kill u in terms of competing for rental if u ( only if ur taking loan and hoping to get people to pay ur installment unless of course ur cash rish and buy to flip)


Added on May 27, 2011, 10:47 am
QUOTE(Raub @ May 27 2011, 10:22 AM)


Added on May 27, 2011, 10:29 am

I thought this forum is open discussion ..I ask when launch , price and any update also cannot ? it means eager to buy? then please ask Administrator to close or remove all the new launching topic la....if I just type few word in this forum can make increase 750 psf , i lagi mahu buy ... because like your thinking, more people type few words then price more higher ...qin cai can hit 1500 psf ....
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Sorry la bro. Didnt mean it the bad way.. Sorry k. I just comment based on this that u wrote ma ''internal staff only ? ask internal staff book for me can ah ??? '' & "can make payment for booking ? start sell jor ? ".

Anyway sorry to offense u. But u will untung also right if price ok..All rich together then shiok la

This post has been edited by henryhing: May 27 2011, 10:47 AM
BeastB
post May 27 2011, 11:43 AM

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I've read through the entire thread and looked up damen....wow I see now why Big Brother (Govment) had to step in with their 30% from 3rd property onwards.

No offence intended, but what's the sense in damen when buildings like Impian Meridian, Rhythm Avenue is around? Sunway is more of the 'average' households place, with traffic jams, the jam is INSANE by the way.

Damen is targetting high end users. Rich people, and if you were a rich guy able to easily pay over rm2500 for rental (!!??) I think he would be smart enough to buy his own place? Why would he pick a place with traffic, a lousy mall, and a shady hotel next to it? Summit was the summit (pun intended) of Sunway until Pyramid tore it down, and the further developments in Subang Jaya has made Summit look like a high class 'pasar malam' ground.

From the way I look at it, damen is a high class buiding coming up in the wrong location. You can bet occupancy rate for this place would be below 50% for the first 2 years...I understand Casa Subang is a bit of a shady place, the building is quite low class, etc. Rhythm is a bit too big for my taste but self contained, although quite deep in USJ, you'll take forever to get out. So far the best bet seems to be Meridian doesn't it? Right opposite Segi College and Heitech, Summit is 1 minute walk...LRT coming up 5 minutes away, and it looks like a solid serviced apartment from the outside.

I'm still thinking of investing in Sunway but haven't completely made up my mind. IMO, if I'm going for damen, 100% I'll stay in it as finding tenants will be like finding gold bricks in gutters.
mercury8400
post May 27 2011, 11:53 AM

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Traffic should ease with the completion of LRT. The only question is when?

Further, every place that is "hot" has traffic jam. Look at 1U, Bangsar Mutiara Damansara and even hartamas/kiara these days. Have u been to these places in the morning or evening? Also jam what. Unless you want to live in Banting, Bangi or outskirts of Cyber/Putra jaya.
BeastB
post May 27 2011, 11:58 AM

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QUOTE(mercury8400 @ May 27 2011, 11:53 AM)
Traffic should ease with the completion of LRT. The only question is when?

Further, every place that is "hot" has traffic jam. Look at 1U, Bangsar Mutiara Damansara and even hartamas/kiara these days. Have u been to these places in the morning or evening? Also jam what. Unless you want to live in Banting, Bangi or outskirts of Cyber/Putra jaya.
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I do believe in investing in 'hot areas'. I believe the stretch across Subang Parade is even hotter, though the jam is not half as bad. I invested in Casa Tiara year and half back, the last set of apartments on the stretch, next to Mesiniaga apartment. Turned out to be a great investment, though I am still assessing if any buildings in Sunway area can match this or come close.

My point is to rent out you need to find your target market. According to my analysis, damen is out of the question. Even Impian seems to be a bit on the classier side when compared to its surroundings but it seems the best choice at the moment for me.
Raub
post May 27 2011, 01:20 PM

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QUOTE(BeastB @ May 27 2011, 11:58 AM)
I do believe in investing in 'hot areas'. I believe the stretch across Subang Parade is even hotter, though the jam is not half as bad. I invested in Casa Tiara year and half back, the last set of apartments on the stretch, next to Mesiniaga apartment. Turned out to be a great investment, though I am still assessing if any buildings in Sunway area can match this or come close.

My point is to rent out you need to find your target market. According to my analysis, damen is out of the question. Even Impian seems to be a bit on the classier side when compared to its surroundings but it seems the best choice at the moment for me.
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ok ...noted ..need to give up this d ...will look for other project . thanks..
BeastB
post May 27 2011, 02:50 PM

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It was my input into things, Im surprised a development like that is considered so hot when the environment doesn't match. Of course I'd be missing something, and it will be great if someone could provide me some pointers on why damen is indeed a good investment.
Raub
post May 27 2011, 02:56 PM

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QUOTE(BeastB @ May 27 2011, 02:50 PM)
It was my input into things, Im surprised a development like that is considered so hot when the environment doesn't match. Of course I'd be missing something, and it will be great if someone could provide me  some pointers on why damen is indeed a good investment.
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considered so hot ? how you know is hot ? not yet selling , duno the price yet ...
Amara Batu Caves is really hot lah ....10pm still like pasar malam ...

BeastB
post May 27 2011, 03:09 PM

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Following the thread, I see many "count me ins"...which is the reason I was surprised. It shows a lot of interest already.
Raub
post May 27 2011, 05:26 PM

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QUOTE(BeastB @ May 27 2011, 03:09 PM)
Following the thread, I see many "count me ins"...which is the reason I was surprised. It shows a lot of interest already.
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oh...all project oso same "PM me PM me "...most is just like to know instead of to buy ...
TShenryhing
post May 27 2011, 05:39 PM

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QUOTE(Raub @ May 27 2011, 05:26 PM)
oh...all project oso same "PM me PM me "...most is just like to know instead of to buy ...
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Like me biggrin.gif Been doing that for almost a 8 months now and havent manage to put my little mulla anywhere to grow cry.gif
1investor
post May 28 2011, 01:56 PM

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I agreed with some comments here. I think damen developer looking for the market to set their prices. I went there and this time talked to another sa who told me their management interpretation of dibs @ free interest means we have to fork out payments first and submit claim of proof of payment! In addition- they limit amount of subsidied interest. Worst of all, the cheque I have issue does not guarantee can get! Wah lau! my friend told me they "showed" would be purchasers cheques to entice others to put in theirs! I have decided to opt not to continue to look at damen as potential investment. Malton new project in front of AMAYA SAUJANA with 500 sf and above should be interesting.
Raub
post Jun 1 2011, 10:46 PM

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any update ? i want buy lehh............
dylongb
post Jun 2 2011, 01:14 AM

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QUOTE(Raub @ Jun 1 2011, 10:46 PM)
any update ? i want buy lehh............
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hi buddy forget about it. my fren told me only left 15 units for first block. left these for 1000++ registered buyer. either u buy from subsale, or you are the first fifteen qualified registered buyer. good luck. i plan to move out from KL tongue.gif
eXTaTine
post Jun 2 2011, 01:21 AM

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With that price Saujana in SS16 looks like a bargain....cmon get real! I'll buy Saujana in a heartbeat over a development in USJ1, all things being equal....
Raub
post Jun 2 2011, 10:21 AM

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QUOTE(dylongb @ Jun 2 2011, 01:14 AM)
hi buddy forget about it. my fren told me only left 15 units for first block. left these for 1000++ registered buyer. either u buy from subsale, or you are the first fifteen qualified registered buyer. good luck. i plan to move out from KL tongue.gif
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how about second block ? how much for first block unit ??? i guess price should around 700 - 750 per sf ? still under my budget ...
juschin
post Jun 2 2011, 11:37 AM

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Block 1 was going for about RM630 psf. Over demand (even before launch!) so they are going to have a tender for all those who registered. Block 2 is going to be priced higher (dunno whether it's because of the encouraging demand for Block 1) but they claim it's because it will have better "specs". They can't even tell what specs they are using for Block 1 yet and it is 95% taken up already!! For all you know they just give you bare concrete floor and ceiling! tongue.gif

Lot sizes are also very small from 710sf to largest 1,187sf. Even the largest one is only a 2+1 and the +1 is not suitable for bedroom (unless it's the maid's room) - more like for store room only!

Good luck!
Raub
post Jun 2 2011, 12:36 PM

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QUOTE(juschin @ Jun 2 2011, 11:37 AM)
Block 1 was going for about RM630 psf. Over demand (even before launch!) so they are going to have a tender for all those who registered. Block 2 is going to be priced higher (dunno whether it's because of the encouraging demand for Block 1) but they claim it's because it will have better "specs". They can't even tell what specs they are using for Block 1 yet and it is 95% taken up already!! For all you know they just give you bare concrete floor and ceiling!  tongue.gif

Lot sizes are also very small from 710sf to largest 1,187sf. Even the largest one is only a 2+1 and the +1 is not suitable for bedroom (unless it's the maid's room) - more like for store room only!

Good luck!
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95% ??? then they nth to sell already .hohoho....if they send early bird invitation card to registered ppl for second block ...can I get from them ?
is it really got 1000 ppl register ?


Added on June 2, 2011, 12:43 pmfor me, i like the concept very much ...but i cannot afford in KL city ...
and empire subang studio just like duplex ...i dun like ...

This post has been edited by Raub: Jun 2 2011, 12:43 PM
dylongb
post Jun 2 2011, 01:38 PM

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QUOTE(Raub @ Jun 2 2011, 12:36 PM)
95% ??? then they nth to sell already .hohoho....if they send early bird invitation card to registered ppl for second block ...can I get from them ?
is it really got 1000 ppl register ?


Added on June 2, 2011, 12:43 pmfor me, i like the concept very much ...but i cannot afford in KL city ...
and empire subang studio just like duplex ...i dun like ...
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i agree with you the block 1 surely not have chance to buy already, the time my wife registered is already mo 13XX buyer. however if you really keen to stay there arrange to get block b. i still want to move out of KL. Klang not so expensive though
mercury8400
post Jun 2 2011, 01:49 PM

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QUOTE(juschin @ Jun 2 2011, 11:37 AM)
Block 1 was going for about RM630 psf. Over demand (even before launch!) so they are going to have a tender for all those who registered. Block 2 is going to be priced higher (dunno whether it's because of the encouraging demand for Block 1) but they claim it's because it will have better "specs". They can't even tell what specs they are using for Block 1 yet and it is 95% taken up already!! For all you know they just give you bare concrete floor and ceiling!  tongue.gif

Lot sizes are also very small from 710sf to largest 1,187sf. Even the largest one is only a 2+1 and the +1 is not suitable for bedroom (unless it's the maid's room) - more like for store room only!

Good luck!
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SERIOUSLY? RM630 psft (is starting price or highest price?) and OVER demand? Is my eyes blur or did you type wrongly? RM630 psft is super,duper,ultra expensive for a 710 sqft apartment in USJ1 leh..... How come? Crazy people with crazy money?? So hard to believe... And block 2 is gonna increase in pricing samore?


Added on June 2, 2011, 1:58 pmSince Da Men @ USJ 1 is priced at a crazy RM630 psqft and fully booked, anyone interested in Impain Meridian?

Impain Meridian
995 sqft - 20 floor, facing South (hence very windy and no traffic noise)
Fully furnished Freehold
Tenanted at RM2,600 p.m.
Price RM 550k (non-negotiable)
Price psqft: RM553
Still represents a 14% discount over the STARTING price of Da Men @ USJ1 with potential to appreciate further! especially with completed LRT and the launch of Da Men phase 2!

Hurry p.m. me NOW for viewing!



This post has been edited by mercury8400: Jun 2 2011, 01:58 PM

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