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

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ManutdGiggs
post Jun 8 2011, 11:27 AM

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Sorry to interrupt in this forum. I know a number of SA(s) for this project and actually they are quite friendly. Most of them are from Malton. I think those who are really LCLY are from Equine. This project is not bad as compared to Sunway Velocity. Pricing is at the higher side, no doubt but for a cautious investor, with strong holding power, price will at least double up in 10 years. However, if anyone would like to sell in short term, appreciation in price might be very minimum.

ManutdGiggs
post Jun 8 2011, 03:31 PM

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SOHO is confirmed at 550-700 psf. Units are only opened to purchasers of commercial units. Staffs are entitled to purchase but with limitation. Not sure how many units per person staffs but for existing purchasers, 2 units per person.

Price appreciation is very subjective to how we view and how much confident we have towards this property market. I can see over the past 30 years, properties in prime areas can appreciate a fold each decade. USJ is a moving into a matured market but still lack of a major attraction.

Maybe this is only my own assumption. Correct me if I'm wrong.
ManutdGiggs
post Jun 12 2011, 11:17 AM

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My fren bot a 2 storeys retail n got loan approval fr few banks. Uob cimb abb hsbc. I dun hav doubt if so many bankers r confident with it. Furthermore all bankers offer 85% with gd rate.
ManutdGiggs
post Jun 13 2011, 02:24 AM

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Those facing main road n those below soho r for sale. Those in complex r not.
ManutdGiggs
post Jun 23 2011, 07:54 PM

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The 1st block is sold out. Mainly for internal and priority or current commercial unit buyers. Ground breaking this saturday.
ManutdGiggs
post Jun 25 2011, 05:11 PM

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QUOTE(kelvyn @ Jun 24 2011, 04:58 PM)
wow... nowadays buying also need under table?  huh.gif
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Actually undertable is for those property agents whose company have blocked in bulk units. They are making lots of money in this way. Developers shouldn't have allowed this to happen as it will affect quite a number of genuine buyers out there.


Added on June 25, 2011, 5:13 pm
QUOTE(dylongb @ Jun 25 2011, 05:03 PM)
not sales office, on site. construction side. very good marketing and event for damen launching. but block B very expensive..although is balloting and all sold..
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How much psf for block B???

This post has been edited by ManutdGiggs: Jun 25 2011, 05:13 PM
ManutdGiggs
post Jun 25 2011, 06:12 PM

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QUOTE(dylongb @ Jun 25 2011, 05:26 PM)
min 685 psf (i think only few units at lowest) max 720psf
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Wow, damn expensive. I have 2 units in quota in block A but given to friend. He only paid RM 600-620 psf with our choice units. 1 above 10th floor and another 1 below 8th floor.

Should have bought it myself.


Added on June 25, 2011, 6:18 pmThis project is actually marketed by Malton previously. But now given to Equine. Malton is offering another project in Saujana. Amaya 2 I think. Have retail units too. Similar to Amaya Maluri. Starting price for service apartment is RM 720 psf.

I think they will sell more than RM 720 psf after this successful Damen launch.

I wander how to live in an above RM 600 psf SOHO / Condo???

Mont Kiara and KLCC is selling more than RM 1000 psf now. Worse.

I would rather buy a land and build a bungalow. It will definitely cost you less than RM 1000 psf inclusive of top grade finishing and furnitures.

This post has been edited by ManutdGiggs: Jun 25 2011, 06:20 PM
ManutdGiggs
post Jun 25 2011, 11:59 PM

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QUOTE(dylongb @ Jun 25 2011, 06:34 PM)
yes, u losing rm58 k now.. smile.gif
the presentation showing very classy design and plan for the whole development, thats y all buyers happily grab wen they got balloting from CEO

Eco City is selling min 1200 psf!!! sweat...

i also plan to do this.. but where to find land around KL? tongue.gif
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There are still lands even in damansara heights selling at bout RM500-650. Lands there with no good view or access is slightly cheaper. Of cos there are oso land that v need to pay more in damansara heights.


ManutdGiggs
post Jun 26 2011, 12:21 AM

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QUOTE(thomstho @ Jun 25 2011, 10:10 PM)
Mont Kiara selling for RM1000psf?  rclxub.gif Most expensive only RM 800 psf and cheapest RM450 psf, depending on the year and location. KLCC RM1000 psf is true lar...



Added on June 25, 2011, 10:17 pm

Lols, what he meant is the outskirts of Klang Valley.


Prices in mont kiara or hartamas r quite crazy now. Of cos if v were to buy earlier, maybe 2yrs back, prices r lower, and not suppose to compare those prices with today prices. Subway Vivaldi is now valued at RM1200 psf. Old condo like damai is RM800 psf.

Hehe, sori tat m just a part time investor. Not very sure which areas r suppose to b categorized s outskirts of klang valley. But if v r talking bout possible luxury bungalow with budget of less than RM1000 psf, inclusive of finishing and furnitures, I think there r still lots of option out there. Eg. The up n coming Desa park city. Lands r selling at bout RM500 psf. With RM400-500 psf, 1 can build a 8000sf bungalow on a 10000sf land.

Residential lands are cheaper at hartamas heights at RM 300 psf or slightly higher for those with klcc view. No one can complaint bout de quality if u hav another RM 600 psf to spend to build it.

If 1 opt to buy ready built bungalow, it's easier n hassle free, except for minor Reno. TTDI bungalows r avail at bout 5mil n above. Build up fr 6000 sf. Still less than 1000 psf. PJ sec 17, malton project, forgotten bout de name but within walking distance fr Eastin hotel. 3.5mil n above. More than 4000 sf build up. if were to look for area nearer to klcc, u may like to choose ampang hilir. It's oso less than 1000 psf.

Btw, if cheras is not outskirts of kl, then u may wanna feel lucky cos de prices for bungalows r much cheaper there.

I am not sure if my analyzations r correct??? Pls correct me if my info is wrong. No obligation.

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This post has been edited by ManutdGiggs: Jun 26 2011, 12:25 AM
ManutdGiggs
post Jun 26 2011, 08:51 AM

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QUOTE(thomstho @ Jun 26 2011, 02:45 AM)
Lola, about the prices in Mont Kiara. It has always been slightly cheaper than Sri Hartamas. You should check on the pricing, I found older condos selling at RM 450 psf and new ones at RM800 psf in Mon Kiara. New units in Sri Hartamas could go up to max RM1000 psf.  biggrin.gif

Btw, it's Sunway Vivaldi, not Subway Vivaldi. And they only cost RM700 to RM900 psf, not RM1200 psf. Here's a link of the classifieds for ur reference: http://www.propwall.my/mont_kiara/sunway_vivaldi/classifieds. Mont Kiara haven't reached RM1000psf yet.  biggrin.gif
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TQ for the info. smile.gif
ManutdGiggs
post Jun 26 2011, 10:27 PM

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QUOTE(Raub @ Jun 26 2011, 10:15 PM)
i get 1 only , how about you ?
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Mind to share the $$$ psf???
ManutdGiggs
post Jun 27 2011, 06:08 PM

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QUOTE(thomstho @ Jun 27 2011, 06:00 PM)
U moving when ur house is goin to appreciate like skyrocket? Lols....  shocking.gif

And what's with the orang hitam thingi? Why everyone is being racist?  blink.gif
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Good point. Org Hitam oso human. s long s they pay u, then no racism should happen here. rclxms.gif
ManutdGiggs
post Jun 30 2011, 08:11 AM

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QUOTE(thomstho @ Jun 30 2011, 01:02 AM)
Hmm.. Empire City RM1000 psf? Last year oni RM500 psf, this year RM1000 psf? Link to Empire City: http://forum.lowyat.net/topic/1922656 (not sure if it is true or not.)
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Condotel is selling at RM800-1000 psf. Inclusive of so claimed full luxury furnitures.
ManutdGiggs
post Jul 2 2011, 07:09 PM

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QUOTE(dlyw1103 @ Jul 2 2011, 06:33 PM)
imho, DA MEN (commercial part) will even be more successful with super massive jam happening around. Bad for the surrounding residence
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AGREED!!!
ManutdGiggs
post Jul 3 2011, 10:00 PM

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QUOTE(simplicio @ Jul 3 2011, 09:39 PM)
What...no panel bankers yet?
This is another level already!!
laugh.gif  laugh.gif
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Confirmed EF fr MBB, Ambank, UOB, CIMB, OCBC, more to join in later.
ManutdGiggs
post Jul 3 2011, 11:45 PM

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QUOTE(1investor @ Jul 3 2011, 10:18 PM)
Are you sure or not? Those banks mentioned empanel for shops and not for apartments!
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UOB is offering gd rate for SoHo. My fren oledi handover docs cos he is 1 of de insiders.

This post has been edited by ManutdGiggs: Jul 4 2011, 07:43 AM
ManutdGiggs
post Jul 9 2011, 08:53 PM

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QUOTE(clanzkiller @ Jul 9 2011, 06:01 PM)
Never realized so many people going there. Everytime pass by day, and take a peek at their sales office, no one but those employee.
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I think a lot of ppl hav done the purchase internally. Y so many ppl got connection icon_question.gif . Can anyone intro a few ppl to ease me buying dream home???
ManutdGiggs
post Jul 10 2011, 10:01 AM

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Heard tat bank negara is gonna stop DIBS. How??? Life is difficult w/o DIBS. Furthermore, oso heard tat banks r not giving out gd rate soon. Make it even harder to buy houses.
ManutdGiggs
post Jul 14 2011, 02:59 PM

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QUOTE(dlyw1103 @ Jul 13 2011, 10:58 PM)
Not sure why they named it in chinese .... maybe can ask the developer's boss
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Dato Desmond Lim is a chinese ma. But if govt falls after Bersih, then dunno whether he can still support his future sg besi plan onot?
ManutdGiggs
post Aug 11 2011, 08:31 AM

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QUOTE(mercury8400 @ Aug 10 2011, 04:55 PM)
Went to the sales gallery and almost 95% booked. SA said all paid 10% deposit already...dunno whether got bluff.... cheapest unit 9th floor starting at RM 49+k for 700+ sqft studio unit after 5% discount. Super duper expensive...almost RM700 psqft!!!! Gilar babiz!!! I think must rent out RM 3,500 per month to break-even!!!! The facilities very standard only, infinity swimming pool, small gym room and viewing deck all located on the highest floor....

Samore SA said no confirmed anchor tenant for the malls yet!!! Only "interested parties" mainly from Pavillion!!!

Classic example of High risk, Low returns.....
I mean, do you really think there is a secondary market for your 700 sqft studio apartment at a sale price of RM 600K??? (assuming u want to make a decent profit of RM 100k???)
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But almost all properties in prime location r selling no cheaper. Look at Parkcity breezeway. Oso 700 psf. I think all bcos n depend on how de future planning r n Wat kinda property v r investing in.

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