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Investment G Residence / Gembira Residen Condominium, New Properties for sale

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kambing007
post Jul 1 2013, 11:43 PM

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hi. I'm very interested in buying 1168sf size. Looking for genuine sellers, owners preferably. Loan pre approved, looking for own stay. Will consider 1488sf if price is right.

Please contact me at 0123717176


kambing007
post Jul 1 2013, 11:46 PM

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This post has been edited by kambing007: Jul 1 2013, 11:47 PM
flix
post Jul 7 2013, 08:31 PM

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Any owners of 1168sqft wanna sell? I'm buying for own stay. Kindly pm me. Thanks
Citydude
post Jul 8 2013, 09:49 AM

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Any one owners here got news when we can VP OR GET KEYS TO MOVE IN ?

TQ
vincent99
post Jul 8 2013, 04:25 PM

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saw many agent standing outside G residence.
according to agent, 1488sf selling round RM800,000 to RM815,000.
money for value?
terrywoo
post Jul 8 2013, 06:46 PM

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G Res will handover key anytime soon this end month or early next month.
Citydude
post Jul 8 2013, 07:25 PM

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QUOTE(terrywoo @ Jul 8 2013, 06:46 PM)
G Res will handover key anytime soon this end month or early next month.
*
How u know ?
They will hand this month end ?

Is it true that by AUGUST, there may be LAD PENALTY .... ??
terrywoo
post Jul 9 2013, 07:14 PM

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Dunno lah. They gotto pay me compensation if they dont give key by mid August
terrywoo
post Jul 9 2013, 07:15 PM

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1st batch owner signed S&P by mid August 2010
Citydude
post Jul 9 2013, 08:00 PM

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QUOTE(terrywoo @ Jul 9 2013, 07:15 PM)
1st batch owner signed S&P by mid August 2010
*
Regardless of early sign or later signed. The first launch marks the start or time clock of delivery deadline.
I.e. 36 months from date of launch ? Since am sure someone must signed during that launch date marking it as start date of delivery timeline. True?

Advise anyone ?
alcapone82
post Jul 10 2013, 01:39 PM

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when is the deadline?
lazyg
post Jul 10 2013, 02:15 PM

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Not sure bout deadlines but the LAD Penalty starts 3years after the date your signed S&P is stamped
beibeiyun
post Jul 10 2013, 02:23 PM

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I am interested in 1168sf, please pm me. Thanks!
(no agent please)
Citydude
post Jul 10 2013, 11:27 PM

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The main road jln senang ria is open to public
Now is one way road each side n traffic lights are under testing ...
Hopefully these few days, the traffic lights will be
Operational functioning soon etc

That's good to control traffic in and out junctions of
Jln senang ria n jln Gembira main road etc

With the complete opening of this two way road -
I hope GR will VP soon. ....


Gipsy Danger
post Jul 14 2013, 12:32 PM

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Hi, few units in Block C for sale. High floor. PM me if interested.
Citydude
post Jul 14 2013, 03:04 PM

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Any good contractors n designers out there for recommendations ..... To design/ renovations for GR

Contact me please
Email: solutionsbar@yahoo.com
Attn : jeff.



yang1976
post Jul 21 2013, 11:14 PM

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Owner pls hold block b for better yield since block b sold last after A and B ...
Citydude
post Jul 22 2013, 12:19 AM

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Dear all owners
Please advice here once you receive any good news regards to CF n delivery date so we can all happy n celebrate moving in ...

Rentals ?
I see some sites like iProperty where the rental for GR is
Quite low and comparable to those nearby lower std old condo etc
With so high sub sale prices , it is impossible to rent at
Rm 1600 to RM 1800 for 1168 sq ft
Everyone should start above RM 2200 to RM 2500 minimum half furnished etc
Those 1478/1578 should ideally start at RM 3500 minimum to RM 5000 etc otherwise how to pay off high monthly loans ? And we filter all those lousy tenants types whose budget is RM 1600 will be out of this category at GR .. We don't want GR to be pimp haven use . Only good expats n quality tenants to fill up GR .
Otherwise , once Seringin Residence is delivered, we may lose out due to lousy rents n bad tenants .

The quality n high std of GR is in our hands n high rentals is only because of quality tenants .

Cheers !!

yang1976
post Jul 22 2013, 09:08 AM

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RM2200 rental is low, even quality expat not likely to move in, probably Seringin need to drive this later. 1168sf will be favorable to PH. I turn down PH even with extra Rm300 rental in Tmn Desa, not worth it later a lot of issues. I do hope more owners stay with actual holding power, or even welcome flippers bcos high price simply cant cover by rental. Planning to stay for next 5 yrs + .... cheers!
Citydude
post Jul 22 2013, 11:03 AM

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QUOTE(yang1976 @ Jul 22 2013, 09:08 AM)
RM2200 rental is low, even quality expat not likely to move in, probably Seringin need to drive this later. 1168sf will be favorable to PH. I turn down PH even with extra Rm300 rental in Tmn Desa, not worth it later a lot of issues. I do hope more owners stay with actual holding power, or even welcome flippers bcos high price simply cant cover by rental. Planning to stay for next 5 yrs + .... cheers!
*
I agree with you !
The rent of RM 2200 is NOT enough to cover monthly bank and maintenance bill .

For guys past 50s who buy GR - how many years more can bank give for Loan? 15 years loan or 20?
10 years should be ideal to minimize the interest charge on Loan . With sub sale touching 700k minimum for 1168 sq ft. N 80% loan that amt paid to bank , 2200 rent is NOT SUFFICIENT !!!!

If rent so low we attract lower class tenants who may damage the furnishings n things like door to taps n etc
Repair these days cost hundreds or thousands eg to replace a door cost rm 450 minimum n already is 20% of 2200 rental !!

The iProperty rental or rentals proposed by
Agents are very low for GR

AT LEAST. 3000 minimum. For 1168 sq ft
Expats ?
I can only think of expat Ind from India who are able to pay such amt eg midfields condo where expats will be expats from India - and not Masaleh and not Japanese .

Expat India budgets range between rm 1800 - 2500





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