We are on the same page yet i really dont foresee GR as rental condo and i believe many owners got holding power (according to some agents cant get much owners to release high floor with good numbers). Those renting at least own a car else not convenient because LRT still not a walkable distance. RM3000 for 1168sf is not all-possible if public transportation not at ease for Expats. If local, i would buy a affordable housing anywhere. Once i rent out, it simply means i wont come back hahahaa ... or ROI has reached my margin. I just hope for better neighbors for now. .. so i dont mind flippers, go ahead if market is there. Win win for those who stayed.

This post has been edited by yang1976: Jul 22 2013, 06:51 PM

GR selling past RM 700K now, its tough to rent as ROI .

Only those who bought earlier n those bought sub sale and want to stay n live life better std la ...

How to rent with a price of RM 750k onwards ?
Who can rent in this area ?

Tmn Gembira is NO EXPAT PLACE .
So for locals ?
It is pass budgets . No way to pay rental of rm 3000 for local .

I heard the developer stays in Block B and that's good .
His presence will ensure good quality security n proper mgt of our facilities thru out the years.

I rent at Midfields condo since delivery 1 year plus ago and much of the outside paint of building block A - the paint looks faint n worn ...


That's why it's important that our GR is well managed by JMB Expectations.

JMB is important, agreed on that. Tmn gembira is more for own stay in my opinion or for flippers, not for rent for now (earlier i already indicated Rm3k rent is no way). The higher they sell now the less it will be tenanted, less can afford for the rental, i like this, then PHs are discouraged unless no holding power owners bring it downwards. As we speak, market is around RM650K to RM680k for 17th floor and below. For RM700K now, buyer need to folk out RM100K+, not likely to happen unless cash loaded buyer. This area needs Seringin and Seri Gembira Shoplot to boost its potential. LuYuen, 288 Residence, Palace, Arte etc also will contribute to the future success of the area. The quicker they risen so more quality residents can flood the area so to bring up the demographic especially younger generations. With them around, the area will grow. Dont forget to mention Desa Residence is a totally disappointment yet it helps pushing GR value upwards. Mostly residents around conservative in spending bcos Older...less willing to spend. Buying now from subsale will not give much return within 2 yrs but condos keep coming up in OKR then 800k is possible after 2 yrs for 1168sf, conservatively speaking. Just hope for the best.

This post has been edited by yang1976: Jul 22 2013, 09:30 PM

Gosh ... U see the same picture murals as I do for KUCHAI N GEMBIRA N JLN SENANG RIA Etc
This place reminds me 20 years ago when the first 4 Star condo at mont Kiara was built ... That place was neighbors to segambut interior which link into mont Kiara Back door etc
The main mont Kiara road is the Beverly Hills ... N Jln senang ria will line the most expensive property linking to distance Z residence at jalil etc

But when seringin completed the price is anything from
700k minimum to 1.8 mil for normal units ( except penthouse ) etc

At outer OKR next to Scott Garden, that ex abandon condo is now developed by EX CONDO KING of mont Kiara which I heard is 1 mil over a unit !!!

Definitely Senang ria will take over Tmn Desa ...
Opp those 3 storey terrace is added glamour .

I hope one day at kuchai n senang ria areas there will be nice boutique supermarts like Sri Kota supermarket ( as in Tmn Desa) where we can get nicer supermarts etc
Nsk may be cheap veg area. But the demographic of shoppers are mid class and there are many migrants shoppers Etc
I really careful when I shop there when at pay counter .
Behind n infront me are migrants shoppers n I got to careful my wallets n long boring queue n lining up waste time . At Sri Kota supermarts at Tmn Desa the shoppers are expat n upper class etc

OKR n KUCHAI shops are undergoing changes from
Car repair shops to now mix papa rich to Taiwan deserts shops . There are more potentials when the Neighbourhood demands for nicer n cafe n decorated n foodie shops etc

I agree with you that Desa residensi did not do much to hike up rates around the area. ...

I hope Gembira Avenue will bring change to the area with better entertainment n foodie n marts outlet aircon etc

Right now - I really hope that security is super n tighten n no lousy JMB and clean environment all over GEMBIRA RESIDENZ etc

From outside the huge stone walls look like a big castle and the 3 blocks look super Feng shui !!!
Ong Ong Lai for all residents of GR !!

This post has been edited by Citydude: Jul 22 2013, 10:51 PM

Ya ya...tmn desa got more "richie" since surrounded by landed properties, Chinese area, quite a lot condos doing well in rental. Seri Kota is nice, just pay a bit more t han Centre market or NSK. ..... Those/We bought GR is very ONG already... now i think most of us profited at least 35% to 70% depends on own purchase price and timing. Location wise, you cant missed it. It is up the hill !! ..... Kuchai had changed and it is almost at its capacity due limited forces of its surrounding, slightly above average... it could be better or worst but GR is at the good end of the area so it is at another category of its own grouping with Seringin, landed 3storey, Gembira Shoplots etc which is actually good, near to OUG also. Plenty of good points you can add im sure of hahaaaa... That 8-residence(?) gonna be weird condo at its own later.... no height no width. Anyway, plenty restaurants and new upcoming shoplots/restaurants in Bandar Baru Seri Petaling have helped the vicinity in a good way.

This post has been edited by yang1976: Jul 23 2013, 12:10 AM

HI,

I am looking for a 1168sq unit. please pm me.
no agent pls.

Did you guys receive notification collecting key on 12-August?

G Residence latest subsales price

1168sf RM640,000 - RM 700,000

1392sf RM640,000 - RM 650,000

1488sf RM740,000 - RM 820,000

1578sf RM830,000 - RM 880,000

Viewing on 1/8 onwards!!!
Many units available. Potential buyers/owners feel free to contact me. We will station at the condo all day long to serve you. Thank you.

Daniel Ng
016-663 0067
danielng.prop@gmail.com
http://g-residence-kuchai-lama.blogspot.com/

Anyone view the units? What's your opinion on the quality n subsales value? I've noticed poor finishing here n there.

y tis page no update any more???