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 OUG Parklane (Genuine buyer only), This topic for genuine buyers only..

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sheanhung
post Feb 17 2013, 11:43 AM

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QUOTE(chester_85 @ Feb 17 2013, 11:16 AM)
is it still possible to get a loan rejected unit below 400k now?
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y not possible?
chester_85
post Feb 17 2013, 11:48 AM

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QUOTE(1282009 @ Feb 17 2013, 11:41 AM)
I thought there are still units below 400k? U can go to sales office to check it out.
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QUOTE(sheanhung @ Feb 17 2013, 11:43 AM)
y not possible?
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alright, i will check it out from the sales office...
i thought all the cheaper units all kena sapu finished d....
kucingfight
post Feb 17 2013, 04:10 PM

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My sis in law jus bought 1. B2 level 25. Yes there are still quite a few unitof block b n e from 360k.

thx2012
post Feb 17 2013, 04:10 PM

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OUG Parklane is not walkable to LRT and 4000 unit, the management sure like suck than bukit OUG.

Before Buy please think twice .
DrPitchard
post Feb 17 2013, 05:50 PM

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QUOTE(1282009 @ Feb 17 2013, 11:41 AM)
I thought there are still units below 400k? U can go to sales office to check it out.
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Yeah, just dropped by in the afternoon. Still can get units from loan rejected ones (from RM360k onwards) all the way up to RM414k for Block A2, highest floor. Construction seems to be in full swing already, with even the area beside the sales gallery also under construction.
DrPitchard
post Feb 17 2013, 05:51 PM

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QUOTE(kucingfight @ Feb 17 2013, 01:24 AM)
anyone knows if the sales office/showroom opens today (sunday)?
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Yeap, they are open everyday, from 10am-6pm
DrPitchard
post Feb 17 2013, 05:56 PM

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QUOTE(thx2012 @ Feb 17 2013, 04:10 PM)
OUG Parklane is not walkable to LRT and 4000 unit, the management sure like suck than bukit OUG.

Before Buy please think twice .
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How did you come to that conclusion?!?! Based on your gut feel? I think you need quite substantial info, before coming to that conclusion. Maybe previous history from their other developments? You have a unit at Dynasty Garden? Or Continental Heights?

I strongly doubt it, and you're most probably just a keyboard warrior
sheanhung
post Feb 17 2013, 06:40 PM

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QUOTE(DrPitchard @ Feb 17 2013, 05:56 PM)
How did you come to that conclusion?!?! Based on your gut feel? I think you need quite substantial info, before coming to that conclusion. Maybe previous history from their other developments? You have a unit at Dynasty Garden? Or Continental Heights?

I strongly doubt it, and you're most probably just a keyboard warrior
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Sales Repensentative
The developer uses BXX HXXXX = failure, you can check thru this thread and see what are the responses.

MRT
Second, Parklane OUG is still walkable distance to MRT, but DANGEROUS pathway. I will not walk to MRT if I were you, based on existing road and its environment.

Parking
4000 units in Parklane OUG, let see where can you find parking. Dynasty Garden? Where do the residences park their car? What BXX HXXXX answer? “We can't do anything about it"

Road Traffic
Jalan Puchong? Old Klang Road? What is the traffic condition right now? How many condo developments along Jalan Puchong and Old Klang Road? What BXX HXXXX answer? "Sorry, that's nothing we can do about it"

Resale And Rent Market
4000 units all same size. Say only 20% for rent = 800 units (very little is it?), competition is among Parklane OUG only, not with surrounding condos. Same goes to resale market, all same size. Competition is internal, not competing with surrounding condos.


I nearly booked a unit last year, but I decided to pull hand break after did the above considerations. I must admit, the price is really very attractive.

Just my 2 cents opinion, no offense.

This post has been edited by sheanhung: Feb 17 2013, 07:30 PM
babynoteeth
post Feb 17 2013, 07:10 PM

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QUOTE(sheanhung @ Feb 17 2013, 06:40 PM)
Sales Repensentative
The developer uses BXX HXXXX = failure, you can check thru this thread and see what are the responses.

MRT
Second, Parklane OUG is still walkable distance to MRT, but DANGEROUS pathway. I will not walk to MRT if I were you, based on existing road and its environment.

Parking
4000 units in Parklane OUG, let see where can you find parking. Dynasty Garden? Where do the residences park their car? What BXX HXXXX answer? “We can't do anything about it"

Road Traffic
Jalan Puchong? Old Klang Road? What is the traffic condition right now? How many condo developments along Jalan Puchong and Old Klang Road? What BXX HXXXX answer? "Sorry, that's nothing we can do about it"

Resale And Rent Market
4000 units all same size. Say only 20% for rent = 800 units (very little is it?), competition is among Parklane OUG only, not with surrounding condos. Same goes to resale market, all same size. Competition is internal, not competing with surrounding condos.
I nearby booked a unit last year, but I decided to pull hand break after did the above considerations. I must admit, the price is really very attractive.

Just my 2 cents opinion, no offense.
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Not MRT, is LRT (Sri Petalling Line) extention.
sheanhung
post Feb 17 2013, 07:25 PM

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QUOTE(babynoteeth @ Feb 17 2013, 07:10 PM)
Not MRT, is LRT (Sri Petalling Line) extention.
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It is quite near to proposed MRT station at Bukit Jalil.
babynoteeth
post Feb 17 2013, 07:45 PM

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QUOTE(sheanhung @ Feb 17 2013, 07:25 PM)
It is quite near to proposed MRT station at Bukit Jalil.
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Bukit Jalil new station is LRT extention station as well. Check this http://mymrt.com.my/klangRailMap.html
babynoteeth
post Feb 17 2013, 07:51 PM

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Check the accessibility from OUG Parklane:
http://www.akisama.com.my/projects/parklan...=Parklane%20OUG
DrPitchard
post Feb 17 2013, 08:20 PM

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QUOTE(sheanhung @ Feb 17 2013, 06:40 PM)
Sales Repensentative
The developer uses BXX HXXXX = failure, you can check thru this thread and see what are the responses.

MRT
Second, Parklane OUG is still walkable distance to MRT, but DANGEROUS pathway. I will not walk to MRT if I were you, based on existing road and its environment.

Parking
4000 units in Parklane OUG, let see where can you find parking. Dynasty Garden? Where do the residences park their car? What BXX HXXXX answer? “We can't do anything about it"

Road Traffic
Jalan Puchong? Old Klang Road? What is the traffic condition right now? How many condo developments along Jalan Puchong and Old Klang Road? What BXX HXXXX answer? "Sorry, that's nothing we can do about it"

Resale And Rent Market
4000 units all same size. Say only 20% for rent = 800 units (very little is it?), competition is among Parklane OUG only, not with surrounding condos. Same goes to resale market, all same size. Competition is internal, not competing with surrounding condos.
I nearly booked a unit last year, but I decided to pull hand break after did the above considerations. I must admit, the price is really very attractive.

Just my 2 cents opinion, no offense.
*
Very true, and you do have valid points above there. There is risk involved, especially with so many units involved. And safety is a main concern, which literally cancels out the possibility of walking to the LRT station. Traffic is terribly bad too, and I spend a good 40 minutes from the Jalan Puchong/Old Klang Road intersection to get to MidVally daily. Tiara Mutiara is coming up soon, and Sutera Maya is already completed, 308 is also in the pipeline.

But I know for a fact, that the chances of the property appreciating is just too high, regardless of all the factors thrown in above. I bought another condo along Jalan Puchong a few years back, it was just as crappy and had its fair share of concerns at that point in time.

3 years down the road, that property has appreciated quite a lot. And here I am, taking my next jump.

My closing words, let's just wait and see.
1282009
post Feb 17 2013, 09:27 PM

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QUOTE(DrPitchard @ Feb 17 2013, 08:20 PM)
Very true, and you do have valid points above there. There is risk involved, especially with so many units involved. And safety is a main concern, which literally cancels out the possibility of walking to the LRT station. Traffic is terribly bad too, and I spend a good 40 minutes from the Jalan Puchong/Old Klang Road intersection to get to MidVally daily. Tiara Mutiara is coming up soon, and Sutera Maya is already completed, 308 is also in the pipeline.

But I know for a fact, that the chances of the property appreciating is just too high, regardless of all the factors thrown in above. I bought another condo along Jalan Puchong a few years back, it was just as crappy and had its fair share of concerns at that point in time.

3 years down the road, that property has appreciated quite a lot. And here I am, taking my next jump.

My closing words, let's just wait and see.
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We do not need to wait too long I guess, end of next year will be the expected VP for phase 1 and 2 smile.gif


thx2012
post Feb 17 2013, 09:34 PM

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OUG Parklane is not near the extend LRT. that was near MRT only...

i have check the Sri Petaling Extendition LRT is build near the bukit OUG condo, not OUG Parklane.

the main problem is MRT still need wait for 2019 to complete, that was a big issue for long wait.....

some more OUG Parklane got 4000 unit, do you think easy to manage...

even the bukit OUG condo 1400 unit manage like shit, you think 4000 unit can manage well? dont silly, the management sure bad like hell...

dont trust me, you wait and see, once complete sure many many many buyer want to sell, they just want get the capital gain, not rental yield. but 4000 unit, i dont think they can sell off their unit, at that time, the OUG Parklane price will drop as previously Bukit OUG condo...

i am not scare you, what i said is true.... you consider youself...
WaveW
post Feb 17 2013, 09:51 PM

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QUOTE(thx2012 @ Feb 17 2013, 09:34 PM)
OUG Parklane is not near the extend LRT. that was near MRT only...

i have check the Sri Petaling Extendition LRT is build near the bukit OUG condo, not OUG Parklane.

the main problem is MRT still need wait for 2019 to complete, that was a big issue for long wait.....

some more OUG Parklane got 4000 unit, do you think easy to manage...

even the bukit OUG condo 1400 unit manage like shit, you think 4000 unit can manage well? dont silly, the management sure bad like hell...

dont trust me, you wait and see, once complete sure many many many buyer want to sell, they just want get the capital gain, not rental yield. but 4000 unit, i dont think they can sell off their unit, at that time, the OUG Parklane price will drop as previously Bukit OUG condo...

i am not scare you, what i said is true.... you consider youself...
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Agree. 4000 units condo project too much for flip, rent and own stay. JMB will hv the hard time to maintain too.
babynoteeth
post Feb 17 2013, 10:29 PM

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QUOTE(thx2012 @ Feb 17 2013, 09:34 PM)
OUG Parklane is not near the extend LRT. that was near MRT only...

i have check the Sri Petaling Extendition LRT is build near the bukit OUG condo, not OUG Parklane.

the main problem is MRT still need wait for 2019 to complete, that was a big issue for long wait.....

some more OUG Parklane got 4000 unit, do you think easy to manage...

even the bukit OUG condo 1400 unit manage like shit, you think 4000 unit can manage well? dont silly, the management sure bad like hell...

dont trust me, you wait and see, once complete sure many many many buyer want to sell, they just want get the capital gain, not rental yield. but 4000 unit, i dont think they can sell off their unit, at that time, the OUG Parklane price will drop as previously Bukit OUG condo...

i am not scare you, what i said is true.... you consider youself...
*
Yes, the nearest LRT is at Awan Besar, near bukit OUG condo. For MRT phase 1, there is no station near OUG Parklane. As for MRT phase 2, i believe the route map has not finalized yet.

IMHO, for

Investment: This may not a best option. Anyway, buying phase 1 unit may be a good choice as the selling price is from rm259,900 (1 parking, +1k for each floor).
Own Stay: Affordable. I am talking phase 1 and phase 2 (below 350K, including purchase additional 1 car park).

I believe most of the buyers are for own stay but not for investment. There are different managements for each phase. Not only 1 management.
thx2012
post Feb 17 2013, 10:46 PM

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If you can get 260k then is reasonable price.

but for now is 360k, i dont think is worth to invest there... i rather prefer OG height, but OG height the price also not cheap now....
1282009
post Feb 17 2013, 10:58 PM

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Guys, the station that's being built now near Bkt OUG or PPR is LRT which is about 1km away from PL OUG.
There's no sign of MRT being built near to PL or Bkt OUG.


thx2012
post Feb 17 2013, 11:36 PM

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you are right, the Extend LRT is only build near bukit OUG condo. not OUG Parklane.

from OUG Parklane to Bukit OUG is 2km away, not 1 km, so that was not walkable....

if with 1km still possible to walk for 15 minute. but 2km need half hours, so that was not walkable...

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