QUOTE(kochin @ Jul 26 2011, 04:37 PM)
the most concerning part is the vacant commerical centre.
it got nice facade, hell great looking facade.
but was surprised it is still barely tenanted.
the owner (s) must be damn loaded to sustain so long.
In fact, a lot of the upper floors are tenanted already, especially facing the kampung part, cause the rental price is lower as compared to the one facing SPRINT Highway, ground floors are growing slowly with Visiber, Ford and Chef Low as ground floor tenants/ or owner. The reason why a lot of ppl are under the impression that the commercial centre is vacant is due to the developer's policy. The developer did not allow any signboard at the upper floor , in order to maintain the building image, so ppl often thought that it's not occupied. In my block, the occupancy rate is about 60%.
The developer of this 10 Boulevard is Newlake Development, but not OCR. But OCR owns at least a block there, and I was told that Maybank owns several blocks in this 10 Boulevard.
The projects were sold for 360k 2-3 years back, and now the asking price is about 580-600k for one unit. There's an appreciation in capital.
Added on July 26, 2011, 10:49 pmQUOTE(angelw @ Jul 26 2011, 04:49 PM)
I think the main reason is that there are other competitive commercial center around the areas which is Uptown and Tropicana City. In addition the rental at 10 Boulevard is consider expensive too.
Added on July 26, 2011, 4:55 pmBut for the residential, I think it would be a strategic location despite of the environment. It is just few minutes away from 1 Utama, Tropicana City Mall, Sunway Giza and future Atria shopping center which will be started redevelopment soon by OSK.
Just wish to add and said that it's very near to Sunway Giza from Boulevard Residence Damansara. Take the bridge , go to KBU College, turn left before you reach Bandar Utama Centre Point, go straight, then you will reach Pelangi Damansara in 3-5 minutes, that will leave you to Sunway Damansara. Good thing, you can skip all the traffic Jam along LDP which will pass by 1 Utama, and IKEA. These are places that are jammed.
Added on July 26, 2011, 10:52 pmQUOTE(angelw @ Jul 26 2011, 03:22 PM)
Place a booking for an unit there last week. It's either good for own stay or for investment as it is located in potential area. According to the sales executive, there's already > 70% sold. Not much unit left. So do act fast if you are keen.
Added on July 26, 2011, 3:24 pmFor your information, this condo is located at PJU6A behind 10 Boulevard (new commercial centre).
You wouldn't find the term "Kampung Kayu Ara" in the official address of 10 Boulevard. The official address for 10 boulevard approved by MPPJ is PJU 6A, SPRINT HIGHWAY.
As 10 Boulevard is right opposite and next to Boulevard Residence, so I guess the the relevant authority may be approving the same, and that Sales agent told us that their company is going to apply for PJU 6A, without the term of "kampung kayu ara"
Added on July 26, 2011, 10:52 pmQUOTE(angelw @ Jul 26 2011, 03:22 PM)
Place a booking for an unit there last week. It's either good for own stay or for investment as it is located in potential area. According to the sales executive, there's already > 70% sold. Not much unit left. So do act fast if you are keen.
Added on July 26, 2011, 3:24 pmFor your information, this condo is located at PJU6A behind 10 Boulevard (new commercial centre).
You wouldn't find the term "Kampung Kayu Ara" in the official address of 10 Boulevard. The official address for 10 boulevard approved by MPPJ is PJU 6A, SPRINT HIGHWAY.
As 10 Boulevard is right opposite and next to Boulevard Residence, so I guess the the relevant authority may be approving the same, and that Sales agent told us that their company is going to apply for PJU 6A, without the term of "kampung kayu ara"
Added on July 26, 2011, 11:02 pmQUOTE(bux @ Jul 26 2011, 04:10 PM)
petrol station + low cost flat + low cost flat garbage room + "new commercial centre" which vacant for about 2 years now...all are stone throw away..(need not throw with full strength) I send my car wash at Shell every week or so...know the area pretty well...
great location? yes
surrounding? BIG NO
Dear Bux, the surrounding to me is ok, because according to the plan, basically we don't have to pass by the low costs flat or the garbage room in order to enter into Boulevard Residence Damansara, so I guess it's fine.
Petrol station pros and cons.
I would say my "New commercial centre" is growing.. at least I have a small positive cash flow in renting out every month.. haha.. the difference between my purchase price a year ago at October, and the asking price in iproperty.com.my right is 150k-200k d.
This post has been edited by AndyLow_2007: Jul 26 2011, 11:02 PM