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

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kelvin667
post May 6 2011, 04:08 PM

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QUOTE(thxxht @ May 6 2011, 02:58 PM)
professors (foreign) maybe??
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1 college got how many foreign professor? most probably whole subang only got around 100 professor.
Da Men alone got 480 units.
biawak_Sungai
post May 6 2011, 04:30 PM

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QUOTE(kelvin667 @ May 6 2011, 11:19 AM)
i registered 2 unit, both 700 sf - 10 floor
not paid anything yet also...use finger and sticker only (BLR on the rise...scare)

1 for own stay and 1 for buy/sell after completion

not recommend for rental, doubt student can pay $1700 per month for 1 bedroom.....
*
Tis wat you pay for RM700 psf.


Happy happy happy rclxm9.gif


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kelvin667
post May 6 2011, 04:44 PM

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QUOTE(biawak_Sungai @ May 6 2011, 04:30 PM)
Tis wat you pay for RM700 psf.
Happy happy happy  rclxm9.gif
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is RM500pst
unit type is 700sf

wah, whole unit look different from the scale model....but 16 unit/floor is around that
let hope the lrt station materialise drool.gif
thomstho
post May 6 2011, 06:42 PM

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QUOTE(kelvin667 @ May 6 2011, 05:08 PM)
1 college got how many foreign professor? most probably whole subang only got around 100 professor.
Da Men alone got 480 units.
*
Do you know what's the population of the whole Subang Jaya? Please think twice before making a statement.

This post has been edited by thomstho: May 6 2011, 08:36 PM
bobb
post May 6 2011, 11:04 PM

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QUOTE(AlanKoh2021 @ May 4 2011, 08:13 PM)
The price is confirm at Rm 550 per sq ft.

I'm also going into bulk purchase for my customer. Any bro who is willing to join my list, pls PM me I will update all the latest news to you. Thanks

Regards
Alan Koh
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Am interested too ! smile.gif
xepa
post May 6 2011, 11:21 PM

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[quote=thomstho,May 6 2011, 06:42 PM]
Do you know what's the population of the whole Subang Jaya? Please think twice before making a statement.
*



population of subang is big, but professor, especially the foreign professor i really think wont be more than 100
1investor
post May 7 2011, 01:21 AM

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[quote=xepa,May 6 2011, 11:21 PM]
[quote=thomstho,May 6 2011, 06:42 PM]
Do you know what's the population of the whole Subang Jaya? Please think twice before making a statement.
*

population of subang is big, but professor, especially the foreign professor i really think wont be more than 100
*

[/quote]
I am new here and keen to join in to buy one unit as group purchase
biawak_Sungai
post May 7 2011, 11:17 AM

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QUOTE(1investor @ May 7 2011, 02:21 AM)
I am new here and keen to join in to buy one unit as group purchase
*
before you make a purchase - please consider more option

i got news that usj 1 there will launch new property (here is the picture)



this info from the developer staff - can login into the www.knox.com.my icon_idea.gif

This post has been edited by biawak_Sungai: May 7 2011, 11:26 AM


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biawak_Sungai
post May 7 2011, 11:29 AM

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QUOTE(1investor @ May 7 2011, 02:21 AM)
I am new here and keen to join in to buy one unit as group purchase
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me and my friend a lot in usj




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kelvin667
post May 8 2011, 10:41 AM

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QUOTE(thomstho @ May 6 2011, 06:42 PM)
Do you know what's the population of the whole Subang Jaya? Please think twice before making a statement.
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statistic department post the figure 350,000

but do you have the foreign professor living in usj figure? 1000 foreign professor?

pls understand we referring to foreign professor not population
mercury8400
post May 8 2011, 02:48 PM

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I have a unit in Impian Meridian (fully furnisehd) and am willing to let go for RM 550K that comes with tenancy of RM 2,600 per month, translating into a yield of 5.7% p.a., a much better investment/buy than Da Men. Pls PM me if yr interested. Serious buyers only. No agents
Condo Hunter
post May 8 2011, 03:59 PM

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QUOTE(mercury8400 @ May 8 2011, 02:48 PM)
I have a unit in Impian Meridian (fully furnisehd) and am willing to let go for RM 550K that comes with tenancy of RM 2,600 per month, translating into a yield of 5.7% p.a., a much better investment/buy than Da Men. Pls PM me if yr interested. Serious buyers only. No agents
*
550k for 1302sqft?
if without tenancy,500k-530k

thomstho
post May 8 2011, 08:04 PM

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QUOTE(biawak_Sungai @ May 7 2011, 12:17 PM)
before you make a purchase - please consider more option

i got news that usj 1 there will launch new property (here is the picture)
this info from the developer staff - can login into the www.knox.com.my  icon_idea.gif
*
I went to their website but I can't find any upcoming projects in USJ 1. Can you give us more details? Thank you.

bobb
post May 8 2011, 10:51 PM

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QUOTE(mercury8400 @ May 8 2011, 02:48 PM)
I have a unit in Impian Meridian (fully furnisehd) and am willing to let go for RM 550K that comes with tenancy of RM 2,600 per month, translating into a yield of 5.7% p.a., a much better investment/buy than Da Men. Pls PM me if yr interested. Serious buyers only. No agents
*
Am interested! Pls PM details. Thanks.
hasyir
post May 8 2011, 10:53 PM

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Pls count me in.do update me thru PM pls..really interested!hehe
faye_chan
post May 8 2011, 11:25 PM

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USJ 19 Rhythm Avenue 2BR PARTIALLY FURNISHED SERVICE APARTMENT FOR SALE

------Situated within USJ 19 Digital Mall, Just Press Your Lift Down to Shopping Mall!!!---------

------Future LRT Station in front of the Mall---------


- RENOVATED Service Apartment with Built in Kitchen Cabinet (High Quality Concrete Top) with Hood and Hob, 2 New Air-conditionals,Dining Table, Water Heater, Fridge, Washing Machine, Bedroom Set in Master Bedroom, Grilles, Fans & Lights.

- 2 Rooms 1 bathroom

- High floor unit with unblock nice view, Face East.

- Full Condominium Facilities with good and safe environment:

24 Hour Security, Swimming Pool, Barbeque Area, Jogging Track, Playground, Beauty Salon, Squash Court ,Tennis Court, Gymnasium, Mini Market, Cafe, Dobby.

- Selling Price: RM248,000

- Good for both Investment or Own Stay

- Rental RM1,200 for Existing Condition, Fully furnished RM1,4000


For Information/ View, Pls contact : 012-2212010 (Jason)or
012-6101056 (Chan)

ronn77
post May 9 2011, 12:01 AM

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QUOTE(mercury8400 @ May 8 2011, 02:48 PM)
I have a unit in Impian Meridian (fully furnisehd) and am willing to let go for RM 550K that comes with tenancy of RM 2,600 per month, translating into a yield of 5.7% p.a., a much better investment/buy than Da Men. Pls PM me if yr interested. Serious buyers only. No agents
*
After minus maintenance fees, I doubt if the rate still able to stood above 5%. Other condos can yield much better than this figure.

TShenryhing
post May 9 2011, 08:44 AM

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Latest update. It is confirmed that price is not fixed yet. Estimating to range from 550psft to 750 psft due to many registrant of interest. Sales people there at Da Men usj1 office confirmed not giving good service aka 'Lan si' as got good response. Apartment is above shop office and mall is walking distance next/opposite it ( not directly below )

Overall-- it is confirmed over priced. To be safe quickly grab Meredian or casa subang now since the price can go up further when the Da Men is up and when LRT completed.
mercury8400
post May 9 2011, 01:23 PM

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QUOTE(ronn77 @ May 9 2011, 12:01 AM)
After minus maintenance fees, I doubt if the rate still able to stood above 5%. Other condos can yield much better than this figure.
*
Not to sound rude as you are entitled to your own opinion, but while i don't deny that there are other condo's that yield more, you must also take into the consideration the follows:-
1) Timeline. You cannot compare the yield of a condo you bought 5 years ago and the condo now, coz its much, much more expensive now compared to 5 years ago. (Don't believe me just look at the prices of recent launches)
2) Assuming there is, the owners might be reluctant to sell the unit as well because the yields are good
3) Even if the owner decides to let go, he will definately sell at a much higher price and you may not be able to enjoy the high yields.
4) 5.6% is an acceptable return in today's market. I'm sure you will find that most other condo investment only yields an average of 4-4.5% p.a. Of course that's not to say that there are none that yields higher, but its rare and hard to find
5) Compared to other investment class, its very good with lower risk. Just look at FD rates, average bond yields, etc. Meanwhile stocks are high risk.
6) As always, RE will appreciate over time and if you do market survey, all other new development are very,very expensive. In USJ 1 its up to RM 750 psqft.
7) With the new LRT built around the vincity, I think that's why the prices are crazy.
8) FYI Maintenance fees at RM 150 per month. Not very expensive if you compare to condo of similar status.

Thanks

Regards
Mercury8400
kelvin667
post May 10 2011, 09:10 AM

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QUOTE(mercury8400 @ May 9 2011, 01:23 PM)
Not to sound rude as you are entitled to your own opinion, but while i don't deny that there are other condo's that yield more, you must also take into the consideration the follows:-
1) Timeline. You cannot compare the yield of a condo you bought 5 years ago and the condo now, coz its much, much more expensive now compared to 5 years ago. (Don't believe me just look at the prices of recent launches)
2) Assuming there is, the owners might be reluctant to sell the unit as well because the yields are good
3) Even if the owner decides to let go, he will definately sell at a much higher price and you may not be able to enjoy the high yields.
4) 5.6% is an acceptable return in today's market. I'm sure you will find that most other condo investment only yields an average of 4-4.5% p.a. Of course that's not to say that there are none that yields higher, but its rare and hard to find
5) Compared to other investment class, its very good with lower risk. Just look at FD rates, average bond yields, etc. Meanwhile stocks are high risk.
6) As always, RE will appreciate over time and if you do market survey, all other new development are very,very expensive. In USJ 1 its up to RM 750 psqft.
7) With the new LRT built around the vincity, I think that's why the prices are crazy.
8) FYI Maintenance fees at RM 150 per month. Not very expensive if you compare to condo of similar status.

Thanks

Regards
Mercury8400
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i don't think usj 1 can fetch up to RM750psf!!!! although it has LRT, 750psf is too much rclxub.gif . The elements at ampang is only selling for 735psf, and that jalan ampang. The max i pay USJ condo is RM500 - 550psf, anything more than that is consider overprice at the moment. doh.gif

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