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central residence @ sungai besi, WHAT DO U THINK?
central residence @ sungai besi, WHAT DO U THINK?
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Jul 21 2011, 12:03 PM, updated 15y ago
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Jul 21 2011, 12:04 PM
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7,923 posts Joined: Feb 2007 From: 1 Malaysia |
Which part of sungai besi. Price
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Jul 21 2011, 12:05 PM
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869 posts Joined: Dec 2009 |
SOHO AGAIN?????
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Jul 21 2011, 12:10 PM
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Jul 21 2011, 12:11 PM
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Address: Sungai Besi, KLCC, Kuala Lumpur
Property Type: Soho Land Title: Commercial Tenure: Freehold Listing Price: From RM345,300 Total Units/Lots: 526 Bumi Discount: 5% Completion Date: 2014 (Expected) Posted Date: 12/11/2010 Facilities Sauna, SPA, Wading pool, Gymnasium centre, Cafe, Swimming pool with waterfall, Multipurpose Hall, Indoor game room, Games Area, Laundry, Playground, Nursery, BBQ area, Roof garden (community area), Retail shop, House Keeping, Surau Additional Information Nestle in KL city, 15 minutes to klcc 15 minutes to mid valley 9 minutes to National Stadium Bukit Jalil 10 minutes to IMU (International Medical University) 10 minutes to Palace Of The Golden Horses Hotel 1.4 km away from TBS (Terminal Bersepadu Selatan) 3.7 km away from Technology Park Bukit Jalil Features /Furnishing : Ceiling height 10’6” Plaster ceiling with down light Corridor-ceramics tiles+plaster ceiling Air-cond, kitchen cabinet (hood & hob) Fan Vanity top & water heater what is the size? This post has been edited by ckc00: Jul 21 2011, 12:12 PM |
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Jul 21 2011, 12:16 PM
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QUOTE(ckc00 @ Jul 21 2011, 12:11 PM) Address: Sungai Besi, KLCC, Kuala Lumpur 565sq.ft.Property Type: Soho Land Title: Commercial Tenure: Freehold Listing Price: From RM345,300 Total Units/Lots: 526 Bumi Discount: 5% Completion Date: 2014 (Expected) Posted Date: 12/11/2010 Facilities Sauna, SPA, Wading pool, Gymnasium centre, Cafe, Swimming pool with waterfall, Multipurpose Hall, Indoor game room, Games Area, Laundry, Playground, Nursery, BBQ area, Roof garden (community area), Retail shop, House Keeping, Surau Additional Information Nestle in KL city, 15 minutes to klcc 15 minutes to mid valley 9 minutes to National Stadium Bukit Jalil 10 minutes to IMU (International Medical University) 10 minutes to Palace Of The Golden Horses Hotel 1.4 km away from TBS (Terminal Bersepadu Selatan) 3.7 km away from Technology Park Bukit Jalil Features /Furnishing : Ceiling height 10’6” Plaster ceiling with down light Corridor-ceramics tiles+plaster ceiling Air-cond, kitchen cabinet (hood & hob) Fan Vanity top & water heater what is the size? |
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Jul 21 2011, 12:19 PM
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Jul 21 2011, 12:20 PM
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Revised from the abandoned project is it??
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Jul 21 2011, 12:24 PM
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Jul 21 2011, 12:29 PM
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4,790 posts Joined: Dec 2008 |
565sq.ft. = starting RM345k+....
Good luck... |
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Jul 21 2011, 12:37 PM
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Jul 21 2011, 03:47 PM
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Crazy price. Midfield price should go up kau kau after hearing this..
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Jul 21 2011, 11:56 PM
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565 sqft for 350k ? yikes...
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Jul 22 2011, 01:00 AM
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covered by highway, good access, but price are blood sucking.....
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Jul 22 2011, 01:32 AM
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Jul 25 2011, 02:27 PM
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Aug 8 2011, 10:56 PM
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i stay near by for 20 yrs, advice buyer to go site visit and BUKA MATA BESAR-BESAR before buying...
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Aug 11 2011, 01:38 AM
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Aug 14 2011, 07:52 PM
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718 posts Joined: Jan 2003 From: Seri Kembangan |
the access highway super jam in the morning?....still fetch such high price for what?...any developer interest bearing scheme?...if not..then not worth it....we are the sucker paying such a premium for future value...which is not sure yet...with such situation in US...we dunno what will happen in future...
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Aug 14 2011, 08:31 PM
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Aug 14 2011, 11:49 PM
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QUOTE(changshen @ Aug 14 2011, 07:52 PM) the access highway super jam in the morning?....still fetch such high price for what?...any developer interest bearing scheme?...if not..then not worth it....we are the sucker paying such a premium for future value...which is not sure yet...with such situation in US...we dunno what will happen in future... Same situation goes to old klang road and jalan puchong....more than 5 project being launch and all condo ..cant imagine after 2014, wat traffic condition will be....== |
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Aug 15 2011, 12:47 AM
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QUOTE(WLP3234 @ Aug 11 2011, 01:38 AM) OMG ! i was there this evening, if you are a chinese, u won't buy it. Very pantang !QUOTE(changshen @ Aug 14 2011, 07:52 PM) the access highway super jam in the morning?....still fetch such high price for what?...any developer interest bearing scheme?...if not..then not worth it....we are the sucker paying such a premium for future value...which is not sure yet...with such situation in US...we dunno what will happen in future... i'm fine with jam, it's that thing that I won't get it. Right in front !QUOTE(airline @ Aug 14 2011, 08:31 PM) oh u saw it too ? |
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Aug 15 2011, 03:23 AM
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753 posts Joined: Dec 2008 |
Another development.........????
At the rate it's going - there seems to be one new launch PER DAY *gulp* |
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Aug 15 2011, 09:05 AM
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718 posts Joined: Jan 2003 From: Seri Kembangan |
QUOTE(valve_300b @ Aug 15 2011, 12:47 AM) OMG ! i was there this evening, if you are a chinese, u won't buy it. Very pantang ! what so pantang?..mine to share with all of us here?...we dun wanna get caught also....i'm fine with jam, it's that thing that I won't get it. Right in front ! oh u saw it too ? Added on August 16, 2011, 1:37 pmPlease let us know what pantang is that?.... This post has been edited by changshen: Aug 16 2011, 01:37 PM |
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Aug 22 2011, 04:12 PM
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19 posts Joined: Nov 2010 |
anyone have news bout the leafz @ kuchai lama?
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Aug 23 2011, 11:26 PM
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63 posts Joined: Jun 2011 |
QUOTE(airline @ Aug 14 2011, 08:31 PM) Muslim cemetery is just cross a road. if you don't mind, then is fine.Added on August 23, 2011, 11:30 pm QUOTE(changshen @ Aug 15 2011, 09:05 AM) what so pantang?..mine to share with all of us here?...we dun wanna get caught also.... My friend & I have booked an unit each as we do not pantang & also guarantee nothing to block your view in future bcoz the land is "reserved".Added on August 16, 2011, 1:37 pmPlease let us know what pantang is that?.... Added on August 23, 2011, 11:32 pm QUOTE(airline @ Jul 21 2011, 03:47 PM) midfield is close to pylon which is very bad on fengshui.This post has been edited by Say Chin: Aug 23 2011, 11:32 PM |
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Aug 30 2011, 10:14 AM
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QUOTE(Say Chin @ Aug 23 2011, 11:26 PM) Muslim cemetery is just cross a road. if you don't mind, then is fine. What is the psf ? Really 611psf?Added on August 23, 2011, 11:30 pm My friend & I have booked an unit each as we do not pantang & also guarantee nothing to block your view in future bcoz the land is "reserved". Added on August 23, 2011, 11:32 pm midfield is close to pylon which is very bad on fengshui. It depend on which fengshui sifu. Some sifu said near pylon not good coz heavy sha qi. Some sifu said near cemetery, hospital, police station also not good coz heavy sha qi. If for own stay and u don't mind that is fine. If for investment purpose unless it is low price, otherwise possible avoid it coz your target buyer or tenant will be reduce into half. |
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Aug 30 2011, 10:54 AM
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QUOTE(Say Chin @ Aug 23 2011, 11:26 PM) Muslim cemetery is just cross a road. if you don't mind, then is fine. long time nvr pass that road liao..forgot there got muslim cemetry.. that aside..the location very near to city center... bt to go to town...is another story.. u need to make a mad dash across the 3 lane traffic to make a turn.. else u need to drive like 1km to the u turn after kampung malaysia raya.. Added on August 30, 2011, 10:56 am QUOTE(Vincent Pang @ Aug 8 2011, 10:56 PM) 20 yrs..so u must remember the incident whereby RMAF fighter that crashed down nearby in early 90'?? This post has been edited by joeekh: Aug 30 2011, 10:56 AM |
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Aug 30 2011, 08:58 PM
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midfields going at 420k for 1000sqft .. i dont see how this one is better than midfields ..
care to start making a comparison on this one ? midfields lush landscape, by reputable developer, better located .. so how can this be more expensive than the currently gonna vp midfields ? also how is this pricing different from G residence that was recently launched ? This post has been edited by zavier98: Aug 31 2011, 08:04 AM |
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Sep 1 2011, 12:04 AM
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QUOTE(joeekh @ Aug 30 2011, 10:54 AM) long time nvr pass that road liao.. I pass by that road everyday cause i stay near by there now... no jam on that road, so no problem to drive 1km just to make a U turn.. cause it much more better than those place which jam until cant move. forgot there got muslim cemetry.. that aside..the location very near to city center... bt to go to town...is another story.. u need to make a mad dash across the 3 lane traffic to make a turn.. else u need to drive like 1km to the u turn after kampung malaysia raya.. Added on August 30, 2011, 10:56 am 20 yrs.. so u must remember the incident whereby RMAF fighter that crashed down nearby in early 90'?? What happen 20yrs ago? anyway i think not so important la.... Added on September 1, 2011, 12:07 am QUOTE(zavier98 @ Aug 30 2011, 08:58 PM) midfields going at 420k for 1000sqft .. i dont see how this one is better than midfields .. Do you knw that midfield maintenance fees is rm0.35 psf.. so it cost around rm400++ per month just to pay maintenance fees and midfields carpark is located far away so need to walk far to access to ur unit. care to start making a comparison on this one ? midfields lush landscape, by reputable developer, better located .. so how can this be more expensive than the currently gonna vp midfields ? also how is this pricing different from G residence that was recently launched ? G residence is almost 500k. Actualy if stay alone.. dun need buy so big unit and suffer ourself to pay the bank debt.. no chocie i am not born rich. Added on September 1, 2011, 12:11 am QUOTE(nkhong @ Aug 30 2011, 10:14 AM) What is the psf ? Really 611psf? Pylon also not good for health... even no scientific prove on that.. but it advise to stay far from it. If talk abt feng shui, even i believe on it.. but at the end.. still our mindset control ourself, if u think is good, then sure is good... if u think no good.. no matter where u stay.. u will received bad luck only...It depend on which fengshui sifu. Some sifu said near pylon not good coz heavy sha qi. Some sifu said near cemetery, hospital, police station also not good coz heavy sha qi. If for own stay and u don't mind that is fine. If for investment purpose unless it is low price, otherwise possible avoid it coz your target buyer or tenant will be reduce into half. This post has been edited by Say Chin: Sep 1 2011, 12:11 AM |
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Sep 2 2011, 12:06 PM
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QUOTE(Say Chin @ Sep 1 2011, 12:04 AM) I pass by that road everyday cause i stay near by there now... no jam on that road, so no problem to drive 1km just to make a U turn.. cause it much more better than those place which jam until cant move. What happen 20yrs ago? anyway i think not so important la.... Added on September 1, 2011, 12:07 am Do you knw that midfield maintenance fees is rm0.35 psf.. so it cost around rm400++ per month just to pay maintenance fees and midfields carpark is located far away so need to walk far to access to ur unit. G residence is almost 500k. Actualy if stay alone.. dun need buy so big unit and suffer ourself to pay the bank debt.. no chocie i am not born rich. Added on September 1, 2011, 12:11 am Pylon also not good for health... even no scientific prove on that.. but it advise to stay far from it. If talk abt feng shui, even i believe on it.. but at the end.. still our mindset control ourself, if u think is good, then sure is good... if u think no good.. no matter where u stay.. u will received bad luck only... Attached File(s)
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Sep 2 2011, 12:09 PM
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Sep 16 2011, 03:12 PM
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Opposite also got Chinese cemetery which is temple type...
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Oct 4 2011, 05:21 PM
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Oct 17 2011, 12:10 AM
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QUOTE(raja lau @ Oct 4 2011, 05:21 PM) Opposite cemetary....!!!Build on the abandon site. Traffic on Besraya no problem. Morning time Will only jam when reach midfield junction. Landscape: u can "lift ur head" and see the KL Sermban Highway traffic jam. Good luck for those who have bought ...... |
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Oct 20 2011, 11:30 AM
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570 posts Joined: Jul 2005 |
anyone bought?/ where is the sales office?
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Oct 25 2011, 01:20 PM
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2,847 posts Joined: Oct 2010 |
My fren just ask me whether this project worth or not, and i told him, not worth it.
Anyone wanna challenge my advice? hahahaa |
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Nov 8 2011, 06:17 PM
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Nov 9 2011, 11:50 PM
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Nov 10 2011, 05:53 PM
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QUOTE(TZERNG @ Nov 9 2011, 11:50 PM) Based on facilities, unit view, ceilling height and most important for me are the carparks. Comparison based on my budget of rm450k. Central Soho still on my top list.Added on November 10, 2011, 6:05 pm QUOTE(Onn88 @ Oct 17 2011, 12:10 AM) Opposite cemetary....!!! It just a small area. Doesnt seems a problem or feel uncomfortable, unless it is a big cemetery land like nilai nirvana. Traffic... Ermm almost everywhr jam nowadays, depending which direction you heading and what time you heading out. Well highways... Haha, is a city hugs by highways for sure. Maybe can have peaceful surrounding at cyberjaya, thats might help.Build on the abandon site. Traffic on Besraya no problem. Morning time Will only jam when reach midfield junction. Landscape: u can "lift ur head" and see the KL Sermban Highway traffic jam. Good luck for those who have bought ...... This post has been edited by The Last Superior: Nov 10 2011, 06:05 PM |
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Dec 3 2011, 10:57 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
QUOTE(The Last Superior @ Nov 10 2011, 06:53 PM) Based on facilities, unit view, ceilling height and most important for me are the carparks. Comparison based on my budget of rm450k. Central Soho still on my top list. You got one already? I just book a unit (A-9-3A) just now RM457k for 731 sf with RM100. This unit is not facing the cemetery. Got 3 days to change my mind. Any advice for me?Added on November 10, 2011, 6:05 pm It just a small area. Doesnt seems a problem or feel uncomfortable, unless it is a big cemetery land like nilai nirvana. Traffic... Ermm almost everywhr jam nowadays, depending which direction you heading and what time you heading out. Well highways... Haha, is a city hugs by highways for sure. Maybe can have peaceful surrounding at cyberjaya, thats might help. |
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Dec 4 2011, 09:02 AM
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QUOTE(ngaisteve1 @ Dec 3 2011, 10:57 PM) You got one already? I just book a unit (A-9-3A) just now RM457k for 731 sf with RM100. This unit is not facing the cemetery. Got 3 days to change my mind. Any advice for me? With the price of 457k, you can consider palace court (leasehold, 2/3 rooms) or the leafz (freehols, 1 room) aorund the same area. ...If you buy for own stay, then just follow your affordability and preference will do .... |
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Dec 4 2011, 05:08 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
QUOTE(Guppy11 @ Dec 4 2011, 10:02 AM) With the price of 457k, you can consider palace court (leasehold, 2/3 rooms) or the leafz (freehols, 1 room) aorund the same area. ...If you buy for own stay, then just follow your affordability and preference will do .... i think i won't want a leasehold, so palace court is out. for leafz, i need to survey more. not sure still got unit or not also. |
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Dec 5 2011, 10:47 AM
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QUOTE(ngaisteve1 @ Dec 3 2011, 10:57 PM) You got one already? I just book a unit (A-9-3A) just now RM457k for 731 sf with RM100. This unit is not facing the cemetery. Got 3 days to change my mind. Any advice for me? Well you can compare both Leafz and Central Soho with unit view, car park, facilities. you buying for your own stay? i assume your unit is pool view right? mine is S2 unit (731sf) , pool view, 2 car parks. around RM450k. |
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Dec 6 2011, 02:01 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
QUOTE(The Last Superior @ Dec 5 2011, 11:47 AM) Well you can compare both Leafz and Central Soho with unit view, car park, facilities. you buying for your own stay? i assume your unit is pool view right? mine is S2 unit (731sf) , pool view, 2 car parks. around RM450k. me too just paid the RM3k deposit yesterday for the same S2. now preparing document for bank loan approval. maybe we can be neighbors on day if my loan approved. yours is which floor? mine is 9th floor. |
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Dec 6 2011, 10:54 PM
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Dec 7 2011, 08:49 AM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
QUOTE(The Last Superior @ Dec 6 2011, 11:54 PM) wa 7th floor, seems like direct one swimming pool in front of your unit le i didn't see leafz show room. i think leafz slightly cheaper but it's okay i think central residence not bad also. i guess each has its good and bad. |
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Dec 8 2011, 11:45 AM
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When was this launch?
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Dec 9 2011, 07:09 PM
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QUOTE(Magpies9 @ Dec 8 2011, 11:45 AM) A month backAdded on December 9, 2011, 7:14 pm QUOTE(ngaisteve1 @ Dec 7 2011, 08:49 AM) wa 7th floor, seems like direct one swimming pool in front of your unit le Yeap direct. Agreed both are more or less, well lets hope the showroom built is nice next month.i didn't see leafz show room. i think leafz slightly cheaper but it's okay i think central residence not bad also. i guess each has its good and bad. This post has been edited by The Last Superior: Dec 9 2011, 07:14 PM |
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Dec 11 2011, 05:24 AM
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Anyone interested? I know someone inside, who might be able to give rebates... minimal rebates lar (ie 1k) depending on number of buyers, but better than nothing... ;-)
PM me if you're interested.. |
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Dec 12 2011, 01:54 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
QUOTE(elchico @ Dec 11 2011, 06:24 AM) Anyone interested? I know someone inside, who might be able to give rebates... minimal rebates lar (ie 1k) depending on number of buyers, but better than nothing... ;-) aiyo, i paid the deposit already lo. should get from u, so can save Rm1k but its ok la.PM me if you're interested.. |
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Dec 12 2011, 04:36 PM
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Ai yar... think on the bright side...
You have securred a better lot, since you bought earlier... if you only lock in now, maybe ur precious 7th floor not there anymore? ;-) anyway, if you have friends who wanna buy, can try.. ;-) discreetly pls... PM me.. ;-) |
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Dec 14 2011, 04:33 PM
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1 posts Joined: Dec 2011 |
The location is good n nearby TBS... expect for good value after completion..well, can consider to hv one but have to research first..
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Dec 20 2011, 07:19 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
Hi, now got chinese new year promotion if I introduce you. PM me if interested. I will let you give u more info like which units are available and some other info like price.
Added on December 23, 2011, 8:57 pmi just got offer already bank B (conventional with full flexi plan) already, 90% loan for BLR -2.4%, first 3 years lock in (5% penalty if fail to lock in). was it a good deal? Bank A only can offer 70%. Bank C, still waiting for the offer. This post has been edited by ngaisteve1: Dec 23 2011, 08:57 PM |
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Mar 5 2012, 02:50 PM
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PM me the info thanks.
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May 4 2012, 12:21 AM
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5,857 posts Joined: Dec 2010 |
Just read from paper "The Court Service Apartment @ Central Residence, Sungai Besi".. Same developer and also looks like in the same location, does anyone have any clue?
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May 4 2012, 10:09 AM
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1,054 posts Joined: Feb 2012 |
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May 4 2012, 10:45 AM
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2,841 posts Joined: Sep 2010 |
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May 4 2012, 10:48 AM
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May 4 2012, 11:05 AM
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2,841 posts Joined: Sep 2010 |
based on iproperty.. Minimum price from 600k for 800sqft ++...
If this benchmark with the Leafz... ..then The Leafz is safer bet... |
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May 4 2012, 01:02 PM
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5,857 posts Joined: Dec 2010 |
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May 4 2012, 02:01 PM
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Actually i was quite curious why there are booth in shopping mall, for this property???? i saw it in NSK( Kuchai Lama) and Mid Valley ( Near Carefour entrance).....is that implying the sales of the project??? or it was merely a very big scale project which market need some time to digest just like OUG parklane.........................
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May 4 2012, 02:50 PM
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7,923 posts Joined: Feb 2007 From: 1 Malaysia |
what the difference court block from other previous one
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May 4 2012, 03:53 PM
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2,841 posts Joined: Sep 2010 |
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May 7 2012, 10:02 AM
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20 posts Joined: Mar 2012 |
ANY IDEA WHICH ONE OFFERS MORE INVESTMENT VALUE(PARKLANE AND CENTRAL SG BESI)? I THINK THE 4000 UNITS IN PARKLANE OUG REALLY HINDER THE FUTURE VALUE.
QUOTE(SSblack @ May 4 2012, 02:01 PM) Actually i was quite curious why there are booth in shopping mall, for this property???? i saw it in NSK( Kuchai Lama) and Mid Valley ( Near Carefour entrance).....is that implying the sales of the project??? or it was merely a very big scale project which market need some time to digest just like OUG parklane......................... |
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May 7 2012, 10:56 AM
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7,923 posts Joined: Feb 2007 From: 1 Malaysia |
how this project get so many hsbc awards.
while abandoned? |
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May 7 2012, 11:14 AM
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23 posts Joined: Jul 2011 |
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May 7 2012, 12:42 PM
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1,054 posts Joined: Feb 2012 |
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May 7 2012, 01:19 PM
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600 posts Joined: Dec 2008 |
My friend is kinda interested with this project but I'm on the other hand skeptical about its location right next to cemetery.
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May 7 2012, 01:47 PM
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23 posts Joined: Jul 2011 |
QUOTE(stevenkkt @ May 7 2012, 01:19 PM) My friend is kinda interested with this project but I'm on the other hand skeptical about its location right next to cemetery. Chinese pantang for sure. Thanks, I didn't know about the cemetery. I only suspect the only entrance is through Nirvana and I felt if that is true, I wouldn't want to be passing-by the dead and funeral rites everyday. Anyways, need to be at the site to confirm. |
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May 7 2012, 02:41 PM
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600 posts Joined: Dec 2008 |
QUOTE(normanbates @ May 7 2012, 01:47 PM) Chinese pantang for sure. Thanks, I didn't know about the cemetery. I only suspect the only entrance is through Nirvana and I felt if that is true, I wouldn't want to be passing-by the dead and funeral rites everyday. Anyways, need to be at the site to confirm. Needless to clarify on this, as the sales person told me in person that there is a malay cemetery just across the road of this project. I don't think the sales person would lie to put off a deal closure. |
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May 8 2012, 04:42 PM
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20 posts Joined: Mar 2012 |
HI rongfu, what made u think The leafz is better>? their freebies?
I think they hv running out of units at the moment right? But from the outlook i think the leafz is greener. lol |
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May 8 2012, 06:00 PM
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1,764 posts Joined: Sep 2008 |
1) malay cemetary just across
2) front and back highway, if you can take the noise and pollution sure it's not an issue. 3) for that high of a PSF, there are a lot more better choices The Leafz also facing Nirvana if u r on KLCC view if you think of investment, u have to take into consideration when u sell it, the buyer will pantang or not. For own stay, it might not be problem. And finally if u really bad luck, and wanna sell, you will have a tough time too. So good luck for those who got it. |
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May 8 2012, 06:09 PM
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59 posts Joined: Mar 2011 |
i pass by this central soho everyday. it has been abandoned since 1997 crisis till now. Facing muslim cemetery and that corner part of highway very dirty. always got accident, i myself saw with my own eyes a lorry overturn at the road of opposite direction. i tot they will build from the existing frame up that is left by last developer but no. They now demolishing the frame all that i think they will build again from ground up.
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May 8 2012, 08:44 PM
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2,908 posts Joined: Aug 2011 |
I live opposite salak south garden dont know whats good with this one ? front and back also highway cars keep moving non stop how to have a good rest and the project is like in the middle of nowhere
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May 9 2012, 10:17 PM
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20 posts Joined: Mar 2012 |
I think the ppl who likes SOHO are those younger generation, where cemetary shouldn't be an issue i guess. LOL For the highway issue, well it shows a quicker access to the main road. I think it does bring a pros and cons.
Added on May 9, 2012, 10:19 pm QUOTE(Vincent Pang @ May 8 2012, 06:00 PM) 1) malay cemetary just across Hi Vincent, mind to share which where offers a better one? Bcz im looking to a possibility to grab one condo soon.2) front and back highway, if you can take the noise and pollution sure it's not an issue. 3) for that high of a PSF, there are a lot more better choices The Leafz also facing Nirvana if u r on KLCC view if you think of investment, u have to take into consideration when u sell it, the buyer will pantang or not. For own stay, it might not be problem. And finally if u really bad luck, and wanna sell, you will have a tough time too. So good luck for those who got it. This post has been edited by buejwong: May 9 2012, 10:19 PM |
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May 10 2012, 06:08 PM
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719 posts Joined: May 2012 |
Bought a unit at 25th Floor Phrase 1. Soho unit. Two Car parks and FREEHOLD!
Heard almost all units of Phrase ! SOHO Block sold out! Now, Phrase 2 - the Service Condo are open for sale. Same Developer, and the design concept for Central Residence is very updated and refreshing and practical, compare to the typical CONDO Blocks that are being sold around KL. Salak South/OKR/Kuchai areas are the next KL Development miracle. Because it is close to all major highways access, and Besraya terminals a KM away! KL next golden triangle areas are going to be around these few areas, do you think so? Look at the traffic.. its really busy. Those are good signs of crowds movements for commerce and business opportunities etc. |
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May 13 2012, 01:04 AM
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20 posts Joined: Mar 2012 |
QUOTE(Citydude @ May 10 2012, 06:08 PM) Bought a unit at 25th Floor Phrase 1. Soho unit. Two Car parks and FREEHOLD! Ya, agree with yr statement.. u were talking about the bandar malaysia that gotta developing on the old sg besi army camp right? hopefully it can bring some goods and enhancement of value to the project.Heard almost all units of Phrase ! SOHO Block sold out! Now, Phrase 2 - the Service Condo are open for sale. Same Developer, and the design concept for Central Residence is very updated and refreshing and practical, compare to the typical CONDO Blocks that are being sold around KL. Salak South/OKR/Kuchai areas are the next KL Development miracle. Because it is close to all major highways access, and Besraya terminals a KM away! KL next golden triangle areas are going to be around these few areas, do you think so? Look at the traffic.. its really busy. Those are good signs of crowds movements for commerce and business opportunities etc. About the phase 2, any idea how much its gotta be per sq ft? |
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May 13 2012, 01:21 AM
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5,857 posts Joined: Dec 2010 |
QUOTE(buejwong @ May 13 2012, 01:04 AM) Ya, agree with yr statement.. u were talking about the bandar malaysia that gotta developing on the old sg besi army camp right? hopefully it can bring some goods and enhancement of value to the project. Regarding the bandar malaysia in sg. besi, I read somewhere, if I remembered correctly, it's not going to be happened before 2018/2020About the phase 2, any idea how much its gotta be per sq ft? |
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May 14 2012, 10:21 PM
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719 posts Joined: May 2012 |
QUOTE(ecin @ May 13 2012, 01:21 AM) Regarding the bandar malaysia in sg. besi, I read somewhere, if I remembered correctly, it's not going to be happened before 2018/2020 I think Salak South OKR Lama, Happy Garden Gembira area to Besraya stretch will be highly sort after as these are freehold suburbs of KL !With or without That army camp or old airport development etc This stretch is too close to KL and yet prejudiced by most people as mid class areas etc This area is not a University town like Sunway . No high volume of students to spur the business in this area. It is an area link by major highways to link to most Parts of CBD KL. And that's the USP! Unique selling point ! |
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May 14 2012, 11:18 PM
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5,857 posts Joined: Dec 2010 |
QUOTE(ecin @ May 13 2012, 01:21 AM) Regarding the bandar malaysia in sg. besi, I read somewhere, if I remembered correctly, it's not going to be happened before 2018/2020 QUOTE(Citydude @ May 14 2012, 10:21 PM) I think Salak South OKR Lama, Happy Garden Gembira area to Besraya stretch will be highly sort after as these are freehold suburbs of KL ! With or without That army camp or old airport development etc This stretch is too close to KL and yet prejudiced by most people as mid class areas etc This area is not a University town like Sunway . No high volume of students to spur the business in this area. It is an area link by major highways to link to most Parts of CBD KL. And that's the USP! Unique selling point ! ?????????? This post has been edited by ecin: May 14 2012, 11:20 PM |
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Jun 9 2012, 10:40 PM
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6 posts Joined: Jun 2012 |
Hi, I have bought a unit of Soho 565sf... May I know which bank is offering the best rate? What about the lawyer fees for loan agreement? Do you guys manage to get a cheaper lawyer fees?
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Jun 9 2012, 11:15 PM
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24 posts Joined: Aug 2011 |
in my pov, the built up area really doesnt appeal to a lot of people. but there's a lot of development is happening in nearby area plus the easy access to KL road. but since the tenure is freehold, i think someone who has a little bit of cash can consider investing here
i've been living nearby for 15 yrs, i think this place has potential This post has been edited by souliedude: Jun 9 2012, 11:17 PM |
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Jun 13 2012, 08:54 PM
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20 posts Joined: Mar 2012 |
QUOTE(Joan CLC @ Jun 9 2012, 10:40 PM) Hi, I have bought a unit of Soho 565sf... May I know which bank is offering the best rate? What about the lawyer fees for loan agreement? Do you guys manage to get a cheaper lawyer fees? Hi Joan. Im thinking in btw ALB, HLB or MBB. All are manage to offer -2.4. For the lawyer fees, i have no clue at all. most probably will use the bank lawyer? |
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Jun 14 2012, 02:44 AM
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270 posts Joined: May 2012 |
QUOTE(Joan CLC @ Jun 9 2012, 10:40 PM) Hi, I have bought a unit of Soho 565sf... May I know which bank is offering the best rate? What about the lawyer fees for loan agreement? Do you guys manage to get a cheaper lawyer fees? Hi Joan, mind to share whats make up ur mind to venture a Soho unit for this central residence? As the bu considerably small.. |
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Jun 17 2012, 08:47 AM
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6 posts Joined: Jun 2012 |
QUOTE(Thruster @ Jun 14 2012, 02:44 AM) Hi Joan, mind to share whats make up ur mind to venture a Soho unit for this central residence? As the bu considerably small.. Hi Thruster, Yea. No doubt the unit is small, but I kinda like the 2 rooms concept for just 565sf! Even the leaf with 700+ sf but the design only with 1 room. I am quite impress after viewing the show room in their office. The design is the Hong Kee concept.. Although is small, but with the high ceiling, u won't feel the unit is small and compact. Secondly, the access and the location is very convenient especially with the shuttle bus services provided to the residents. Just my 2 cents.. Added on June 17, 2012, 8:53 am QUOTE(buejwong @ Jun 13 2012, 08:54 PM) Hi Joan. Im thinking in btw ALB, HLB or MBB. All are manage to offer -2.4. For the lawyer fees, i have no clue at all. most probably will use the bank lawyer? I just got called from ALB, they said the bank have cap the loan to RM645/sf compare to the selling price regardless which floor. I have to fork up RM35k for the unit that I choose... Hence, ALB is totally out of my mind now!Will try to apply MBB, CIMB, and UOB.. Hopefully they can offer BLR-2.4 as well! Which type you are buying? Soho or service apartment? This post has been edited by Joan CLC: Jun 17 2012, 08:53 AM |
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Jun 20 2012, 03:27 AM
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719 posts Joined: May 2012 |
Hei guys
Try UOB Bank. Their OKR Business Branch may help you get a loan you wanted. My loan already approved under UOB Bank. Gd Rates too. Cheers Jeff |
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Jun 21 2012, 06:04 PM
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20 posts Joined: Mar 2012 |
QUOTE(Joan CLC @ Jun 17 2012, 08:47 AM) Hi Thruster, I got the SOHO unit with 731 sq ft. If that is the case then ALB may be the bad choice for u or u may try others like HLB oso.Yea. No doubt the unit is small, but I kinda like the 2 rooms concept for just 565sf! Even the leaf with 700+ sf but the design only with 1 room. I am quite impress after viewing the show room in their office. The design is the Hong Kee concept.. Although is small, but with the high ceiling, u won't feel the unit is small and compact. Secondly, the access and the location is very convenient especially with the shuttle bus services provided to the residents. Just my 2 cents.. Added on June 17, 2012, 8:53 am I just got called from ALB, they said the bank have cap the loan to RM645/sf compare to the selling price regardless which floor. I have to fork up RM35k for the unit that I choose... Hence, ALB is totally out of my mind now! Will try to apply MBB, CIMB, and UOB.. Hopefully they can offer BLR-2.4 as well! Which type you are buying? Soho or service apartment? |
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Jun 21 2012, 07:22 PM
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2,908 posts Joined: Aug 2011 |
QUOTE(Joan CLC @ Jun 17 2012, 08:47 AM) Hi Thruster, 565 sf with 2 rooms ? wonder how big the room will beYea. No doubt the unit is small, but I kinda like the 2 rooms concept for just 565sf! Even the leaf with 700+ sf but the design only with 1 room. I am quite impress after viewing the show room in their office. The design is the Hong Kee concept.. Although is small, but with the high ceiling, u won't feel the unit is small and compact. Secondly, the access and the location is very convenient especially with the shuttle bus services provided to the residents. Just my 2 cents.. Added on June 17, 2012, 8:53 am I just got called from ALB, they said the bank have cap the loan to RM645/sf compare to the selling price regardless which floor. I have to fork up RM35k for the unit that I choose... Hence, ALB is totally out of my mind now! Will try to apply MBB, CIMB, and UOB.. Hopefully they can offer BLR-2.4 as well! Which type you are buying? Soho or service apartment? |
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Jun 23 2012, 07:34 AM
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6 posts Joined: Jun 2012 |
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Jun 24 2012, 06:16 PM
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4,973 posts Joined: Dec 2010 |
still saw a booth at mutiara damansara selling this central residency, still not yet fully sold?
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Jun 25 2012, 09:29 PM
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719 posts Joined: May 2012 |
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Jun 26 2012, 10:48 AM
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510 posts Joined: Jun 2012 |
QUOTE(Citydude @ Jun 25 2012, 09:29 PM) Hi All,I am newbie here. Hope can learn from all the sifu & master around. I have bought a 731 sqft at level6 facing swimming pool. I have signed my bank offer letter earlier before I signed my snp last week. Hi Citydude, I guess they are still selling the Central Residence Soho. According to their SA last 2 weeks, they have bulk (around 80 units) which were released out again due to loan rejected. But now, less than 10 units left. I am quite impressive with this developer (Yuk Tung Land/ HR Group) because they have sold quite some units to foreigner (according to the SA). Their Central Residence Courts for the first months sales is 30% sold. I feel that their SA are genuine in the sense that they are honest and telling the truth. Not like some SA from other projects claim that their units are almost sold out and push you to grab one before sold out. I think this project is the slowest in term of sales compare to the condo around Kuchai lama/Old klang road which are BBB mode either sold out/ or almost sold out as they claim.... |
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Jun 26 2012, 03:09 PM
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719 posts Joined: May 2012 |
QUOTE(jastan @ Jun 26 2012, 10:48 AM) Hi All, Hi there.I am newbie here. Hope can learn from all the sifu & master around. I have bought a 731 sqft at level6 facing swimming pool. I have signed my bank offer letter earlier before I signed my snp last week. Hi Citydude, I guess they are still selling the Central Residence Soho. According to their SA last 2 weeks, they have bulk (around 80 units) which were released out again due to loan rejected. But now, less than 10 units left. I am quite impressive with this developer (Yuk Tung Land/ HR Group) because they have sold quite some units to foreigner (according to the SA). Their Central Residence Courts for the first months sales is 30% sold. I feel that their SA are genuine in the sense that they are honest and telling the truth. Not like some SA from other projects claim that their units are almost sold out and push you to grab one before sold out. I think this project is the slowest in term of sales compare to the condo around Kuchai lama/Old klang road which are BBB mode either sold out/ or almost sold out as they claim.... Yes, i agree with you. I also find the Sales People for this project using tact and honest to tell us, buyers. They help me to choose the better units, or accordingly to my budget. They also told me that the Residence Units will be selling soon, instead of hiding this fact. But, a SOHO Licence is different from residence. Residence cannot operate as a business unit, or small business/plus stay. I saw the SOHO units at Plaza Mont Kiara, and their 2 rooms units are just nice. Simple and business people can use one room ass boss room and the other room as meeting room, and the other staff ( around 5 can still sit with desk) inside the office. That is why, i accept the 731sq ft concept. Just good enough for small, simple users. Companies having less than 8 staff can comfortably use the office and yet, work around in a very nice conducive office, with pools, and surroundings greens is the new way to go to work. We Malaysians in KL are so used to large big offices as office use, and never think, in 5yrs or 8 years, when most younger capable people use simple Broadband offices to do their work, instead of rushing and traveling distance to show face at 9am! So, yes. I think, being FREEHOLD this Central Residence is indeed good enough. Yes, everywhere, i go, other projects, their sales people are kinda very arrogant. The SALES Person for Central Residence were polite, helpful and provide info as well as he can. |
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Jun 26 2012, 03:33 PM
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510 posts Joined: Jun 2012 |
QUOTE(Citydude @ Jun 26 2012, 03:09 PM) Hi there. Hi Citydude,Yes, i agree with you. I also find the Sales People for this project using tact and honest to tell us, buyers. They help me to choose the better units, or accordingly to my budget. They also told me that the Residence Units will be selling soon, instead of hiding this fact. But, a SOHO Licence is different from residence. Residence cannot operate as a business unit, or small business/plus stay. I saw the SOHO units at Plaza Mont Kiara, and their 2 rooms units are just nice. Simple and business people can use one room ass boss room and the other room as meeting room, and the other staff ( around 5 can still sit with desk) inside the office. That is why, i accept the 731sq ft concept. Just good enough for small, simple users. Companies having less than 8 staff can comfortably use the office and yet, work around in a very nice conducive office, with pools, and surroundings greens is the new way to go to work. We Malaysians in KL are so used to large big offices as office use, and never think, in 5yrs or 8 years, when most younger capable people use simple Broadband offices to do their work, instead of rushing and traveling distance to show face at 9am! So, yes. I think, being FREEHOLD this Central Residence is indeed good enough. Yes, everywhere, i go, other projects, their sales people are kinda very arrogant. The SALES Person for Central Residence were polite, helpful and provide info as well as he can. Me too. I kinda like the SOHO concept. My current office is at Damansara Intan and the built up around 500 sqft. 4 person workings. The rental here is not cheap. >RM 2,000 ++. It is a conventional commercial office building. I am dreaming how good if my boss willing to rent a SOHO unit at Central Residence (after completion) where the staff can enjoy all the facilities especially the sky gym/sky pool. Is a win-win situation. Is like giving Fitness Membership to the staff to enjoy the facilities like gym and swimming. The staff can also be healthy and can do something to avoid the peak hours jam. |
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Jun 26 2012, 05:26 PM
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719 posts Joined: May 2012 |
QUOTE(jastan @ Jun 26 2012, 03:33 PM) Hi Citydude, IF the office cum SOHO or Condo version, u prefer for Central Residence, its up to US. The good point is it is a SOHO Licence. U can operate a business. At the other side, the Central Residence, it is for residence staying, and SOHO address is NOT allowed.Me too. I kinda like the SOHO concept. My current office is at Damansara Intan and the built up around 500 sqft. 4 person workings. The rental here is not cheap. >RM 2,000 ++. It is a conventional commercial office building. I am dreaming how good if my boss willing to rent a SOHO unit at Central Residence (after completion) where the staff can enjoy all the facilities especially the sky gym/sky pool. Is a win-win situation. Is like giving Fitness Membership to the staff to enjoy the facilities like gym and swimming. The staff can also be healthy and can do something to avoid the peak hours jam. The small negative points that many are pointing here, is the Muslim Cemetery. That is facing opposite the main Jalan Road, while driving past Central Residence on the small country road, that leads to Salak South/Sungei Besi Road Junctions, etc. If i look at the Taman Tun Dr Ismail side, while passing that road, u also notice, Muslim Graves, and now, tall buildings and condos are next to the Muslim Graves. Anyone saying its bad vibes? Feng Shui? If so bad fengshui, would the Developer dare enough to sell so high price? ummm, look at Ex Wisma MAA, now, under Zurich Insurance, etc. this Ex Wisma MAA along that road from Dewan Bahasa, is next to Chinese Cemetery, the biggest cemetery hill in KL/Sungei Besi area. Yet, the owners flourished and made so much riches..... |
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Jun 26 2012, 06:24 PM
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510 posts Joined: Jun 2012 |
QUOTE(Citydude @ Jun 26 2012, 05:26 PM) IF the office cum SOHO or Condo version, u prefer for Central Residence, its up to US. The good point is it is a SOHO Licence. U can operate a business. At the other side, the Central Residence, it is for residence staying, and SOHO address is NOT allowed. Hi Citydude,The small negative points that many are pointing here, is the Muslim Cemetery. That is facing opposite the main Jalan Road, while driving past Central Residence on the small country road, that leads to Salak South/Sungei Besi Road Junctions, etc. If i look at the Taman Tun Dr Ismail side, while passing that road, u also notice, Muslim Graves, and now, tall buildings and condos are next to the Muslim Graves. Anyone saying its bad vibes? Feng Shui? If so bad fengshui, would the Developer dare enough to sell so high price? ummm, look at Ex Wisma MAA, now, under Zurich Insurance, etc. this Ex Wisma MAA along that road from Dewan Bahasa, is next to Chinese Cemetery, the biggest cemetery hill in KL/Sungei Besi area. Yet, the owners flourished and made so much riches..... The trend has changes. Mostly buyer for the central residence are youngster. They don't mind their units are facing cemetary. There are a lot of people condemn this projects saying that facing cemetary and is used to be abandoned project. Abandon projects already bring bad luck to previous developer and now sure will bring bad luck to current developer. The fact is that 526 units of central residence soho is almost SOLD OUT. People buy the whole concept of development of this development. I wonder if 196 hectare Bandar Malaysia @ sungai besi new and vibrant landmark reflecting the Greater Kuala Lumpur really put into construction, most of the high rise building will able to view the vast biggest chinese cemetary hill in KL/Sungei Besi. My question is , Will it drag down the price of the properties there? Will the developer lower down their selling price? Will people not buying?? I doubt the answer is 'NO'. A cemetery view of course will definitely minus a point but people will still buy because if the whole concept of the development. That's why not everyone is rich. Only the people can see it as a gold will benefit from it. The poor will keep on complaining. |
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Jun 26 2012, 11:07 PM
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719 posts Joined: May 2012 |
Jastan,
Good observation from you. Well, put it this way, Central Residence SOHO is FREEHOLD ! And I am sure the developer will use this development to be their KL ICON development etc rivaling the nearby Leafz etc. I am renting out at Midfields (Taman Sungei Besi) now, and it's not freehold. UNIFI is not allowed for this condo development and no ASTRO HD on Demand ! So I cannot use my internet Samsung TV and watch HD ASTRO . really a minus point for Internet using person like me who needs cheap fast internet at work and at home. I hope Central Residence will allow TM UNIFI services for us to use fast cheap Internet. As SOHO Services or Condo Services MUST have fast fibre optic services like TM UNIFI etc. This post has been edited by Citydude: Jun 26 2012, 11:09 PM |
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Jun 27 2012, 10:38 AM
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510 posts Joined: Jun 2012 |
Hi All,
IMHO, I feel that the Central Residence is a good buy either for own stay or investment. I buy this Central Residence SOHO after consideration which I think is important to me beside the facilities that a condo should have. 1) The accessibility I live in Sungai Long and I have to travel to KL (KLCC area) to send my wife to work before I go to my office (Damansara Intan). So, I need to passby the Central Residence construction site everyday. If anyone need to work around KL, I think this one of the best buy area. The reason is that you can reach KL (including Jam) between 20 to 30 minutes via Besraya Highway - Jalan Tun Razak - Jalan Ampang - KLCC (without stopping any traffic lights) during peak hours. Same goes when finished work, you need to jam a bit inside KL and is smooth all the way to your home via Besraya highway. (The Seremban/Melaka highway is very jam). I find this location is a lot better than the Leaf project opposite where you need to jam everyday going to work and going home by getting out of the traffic lights in front of the Leaf condo. If you stay in southern part of KL/Cheras, my observation is that during morning peak hours, there is a long jam along Jalan Cheras/Kajang ( from Jalan Sultan Ismail - Loke Yew - Leisure Mall - Batu 9 toll). It takes you at least 1 hour to reach KL. If you stay at Kepong/Selayang area , same goes to Jalan Kuching to reach KL (All the way jam from Kepong - Jalan Kuching – Duke highway interchange- Duta interchange - Jalan Sultan Ismail). If you stay at Damansara /PJ is also very jam to KL, the jam start near Tropicana Citymall - Phileo Damansara - Jalan Semantan - Mahameru highway - Jalan Tun Razak-KLCC). Anywhere going to/out KL is very jam during peak hours. Therefore, Central Residence is one of the choice nearer to KL if you don’t want to stay in KL. 2) Developer Credibility Yuk Tung Lang/HR Group has been around more than 15 years and they register during the Asian financial crisis time, Feb 1997. They have gone thru few turbulence of crisis. Lately, they have been actively participate their projects in properties awards competition and manage to won a few since 2010. Their award winning projects such as The Peak and Kiara 3. Even this Central Residence manage to win 3 awards recently 2012 which surprise me (Best Apartment Malaysia, Highly Commended High-Rise Architecture Malaysia and Highly Commended Architecture Multiple Residence Malaysia). I think this developer wanted to raise their fame and credibility and to achieve a new height in future. I think Yuk Tung Land cashflow quite abundance. Actually , I have booked my units since Feb 2012 and only until last week around 18 June 2012, I signed my S&P. the developer really give ample of time to get my loan approve. They are now at piling stage and the SA told me they schedule to complete the whole development (Central Residence SOHO-526 units, Central Residence The Court – 335 units and Central Residence Central Centrina - 168 units by year 2015). They are not even selling the Central Centrina yet I dont know whether they are going to launch this 3th or 4th quarter 2012 or not) and they are now starting construction. They have another development, The Royce Residence at Jalan Yap Kwan Seng. They plan to sell it oversea due to the pricey price which mainly target foreigner. So, I will probably have the least worry that this project will be uncompleted within 3 years. 3) 2 Parking Lots 2 parking lots (in parallel) are provided for all units even the smallest unit 565 sqft. Some developers only provide 1 parking lot or even don’t provide any for smaller sqft units. Some even provide 2 parking lots in TANDEM. Tandem means = This is sometimes done with residential motor vehicle parking where two motor vehicles park nose-to-end in tandem. The first motor vehicle does not have independent access, and the second motor vehicle must move to provide access. As with attendant parking, the purpose is to maximize the number of motor vehicles that can park in a limited space. So, buyers need to check properly. 4) Green Building Index Compliant Earlier, I am not aware that the developer is going to adhere to GBI which is an added advantage to this development. The developer has to fork out extra money to construct to GBI compliant. We as an owner has an extra point to rent out to the foreigners which are looking for a GBI compliant building instead of normal buildings. 5) Shuttle Bus Service Even if you don’t drive or have no cars, you still can take the in house manage shuttle bus service to KLCC area, Terminal Bersepadu Selatan, etc. 6) Sky Pool/ Sky Gym/ Quadruplicate-height pocket garden I quite like the concept of Sky Pool/ Sky Gym which only can be access by Central Residence SOHO resident only. 7) SOHO license Allow you to operate as a small office. 8) A FREEHOLD KL Address I have a friend who has a leasehold property still has another 30+ years before expiry. He has hard time selling the piece of property because the Bank rejected the potential buyer loan application due to the remaining years. On the other hand, he needed to pay very high premium to renew it. If there is better option, better go for freehold properties. |
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Jun 27 2012, 11:37 AM
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[quote=jastan,Jun 27 2012, 10:38 AM]
Hi All, IMHO, I feel that the Central Residence is a good buy either for own stay or investment. I buy this Central Residence SOHO after consideration which I think is important to me beside the facilities that a condo should have. 1) The accessibility I live in Sungai Long and I have to travel to KL (KLCC area) to send my wife to work before I go to my office (Damansara Intan). So, I need to passby the Central Residence construction site everyday. If anyone need to work around KL, I think this one of the best buy area. The reason is that you can reach KL (including Jam) between 20 to 30 minutes via Besraya Highway - Jalan Tun Razak - Jalan Ampang - KLCC (without stopping any traffic lights) during peak hours. Same goes when finished work, you need to jam a bit inside KL and is smooth all the way to your home via Besraya highway. (The Seremban/Melaka highway is very jam). I find this location is a lot better than the Leaf project opposite where you need to jam everyday going to work and going home by getting out of the traffic lights in front of the Leaf condo. If you stay in southern part of KL/Cheras, my observation is that during morning peak hours, there is a long jam along Jalan Cheras/Kajang ( from Jalan Sultan Ismail - Loke Yew - Leisure Mall - Batu 9 toll). It takes you at least 1 hour to reach KL. If you stay at Kepong/Selayang area , same goes to Jalan Kuching to reach KL (All the way jam from Kepong - Jalan Kuching – Duke highway interchange- Duta interchange - Jalan Sultan Ismail). If you stay at Damansara /PJ is also very jam to KL, the jam start near Tropicana Citymall - Phileo Damansara - Jalan Semantan - Mahameru highway - Jalan Tun Razak-KLCC). Anywhere going to/out KL is very jam during peak hours. Therefore, Central Residence is one of the choice nearer to KL if you don’t want to stay in KL. 2) Developer Credibility Yuk Tung Lang/HR Group has been around more than 15 years and they register during the Asian financial crisis time, Feb 1997. They have gone thru few turbulence of crisis. Lately, they have been actively participate their projects in properties awards competition and manage to won a few since 2010. Their award winning projects such as The Peak and Kiara 3. Even this Central Residence manage to win 3 awards recently 2012 which surprise me (Best Apartment Malaysia, Highly Commended High-Rise Architecture Malaysia and Highly Commended Architecture Multiple Residence Malaysia). I think this developer wanted to raise their fame and credibility and to achieve a new height in future. I think Yuk Tung Land cashflow quite abundance. Actually , I have booked my units since Feb 2012 and only until last week around 18 June 2012, I signed my S&P. the developer really give ample of time to get my loan approve. They are now at piling stage and the SA told me they schedule to complete the whole development (Central Residence SOHO-526 units, Central Residence The Court – 335 units and Central Residence Central Centrina - 168 units by year 2015). They are not even selling the Central Centrina yet I dont know whether they are going to launch this 3th or 4th quarter 2012 or not) and they are now starting construction. They have another development, The Royce Residence at Jalan Yap Kwan Seng. They plan to sell it oversea due to the pricey price which mainly target foreigner. So, I will probably have the least worry that this project will be uncompleted within 3 years. 7) SOHO license Allow you to operate as a small office. hi. very good info regarding the traffic conditions along besraya to KL. The main reason for me to buy this its bcz of the accessibility. I m staying in cheras 9th miles too and everyday gotta face the headache of congested traffic. It will be good enuf for me if i can travel to KLCC area within 30mins during peak hours. I did some research pertaining to the developer creditability too. One of my fren who is the area mortgage manager for one of the international bank told me this developer earned quite a good creditability among the banks. As for the SOHO, good thing is the commercial title inherited with the property, but be remembered that it may come in with the utility bill at commercial rate, which is 30% higher than the residential one. For me, those who like to stay instead of renting out for business purpose, it may nt be a good thing. But im not sure about which rate is it as the developer also cant confirm w me on this issue. Somehow, from what i googled, one said if the SPA is covered by HDA then should be no problem to get a residential rate. Anyone can advise on this? |
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Jun 27 2012, 06:22 PM
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719 posts Joined: May 2012 |
Hi,
the best thing about Central Residence is, access. If u want to go OKR, u drive down the road, and you can reach OKR Lama, Entrepreneur Park, and drive down to Main OKR. If want to go Bangsar, drive down Entrepreneur Park junction and drive to highway access to Sunway or Bangsar. To KESAS, u drive down road, and joint to Sri Petaling road, and to KESAS. Infact, anyone wants to buy the Residence units, and not the SOHO units, its still great, as it is good bigger size units for small couple family. I got the 25th Floor Central Residence SOHO. ummm, not sure, if its the best unit, 731sq ft type S2, but, i am confident that its a nice office environment for this area, which is booming. Salak South town, still retains the sleepy hollow image, and there are some eateries. |
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Jun 27 2012, 10:53 PM
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790 posts Joined: Apr 2009 From: Kuala Lumpur |
Hi,
I would say pls go survey around before place your deposit ~ that area is ok in term of accessibility ~ but there are one big (shit processing area) near by [desa water park] that side ~ dont know ~ just my 2 cents |
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Jun 28 2012, 10:35 AM
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510 posts Joined: Jun 2012 |
QUOTE(songaik @ Jun 27 2012, 10:53 PM) Hi, Hi Songaik,I would say pls go survey around before place your deposit ~ that area is ok in term of accessibility ~ but there are one big (shit processing area) near by [desa water park] that side ~ dont know ~ just my 2 cents Have you really been to the site and took a deep breathe there and smell the sewerage treatment plant?? The distance is at least 3 km away between the sewerage treatment plant and central residence. I think the most affected area will be Kuchai Entrepreneurs Park area if what you claim is true because it just opposite around 1 km distance. I don't smell anything unpleasant at that area which I often go. I do something drop by Salak Selatan Pasar (Behind the Leaf project) for makan and I don't smell anything there too. I think is better for the resident live around that area to clarify. Hi Citydude, Do you smell anything since you live at Midfields which is nearer to desa water park?? |
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Jun 29 2012, 03:54 PM
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719 posts Joined: May 2012 |
hi Jastan.
At midfields, i dont smell "shit" but last few weeks ago, late evening to morning, can smell KL Haze and Smog. Now the sky is cleared certain days, the haze is gone! But, i can hear traffic sound, from the far end of sky Park Garden at 9th Floor, nearer to the Block B facing Block C areas.. the night traffic sound is very clear... can hear the traffic of cars passing, etc. For those who want silence night, then, Block A facing those Flats opposite, is better.. because, over this side, its absorb from the traffic sound of the Cheras Permaisuri highways, and other highways. I can imagine, if i were at Block C, those units looking at KLCC, especially high floors, they sure can hear the traffic sound non stop. Units facing pool less sound, as its absorb from the outer sound. There are some sound at times, coming from those backyard industries, opposite Midfields, especially those beside the 5th floor units flats. |
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Jun 29 2012, 04:29 PM
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510 posts Joined: Jun 2012 |
QUOTE(Citydude @ Jun 29 2012, 03:54 PM) hi Jastan. Hi Citydude,At midfields, i dont smell "shit" but last few weeks ago, late evening to morning, can smell KL Haze and Smog. Now the sky is cleared certain days, the haze is gone! But, i can hear traffic sound, from the far end of sky Park Garden at 9th Floor, nearer to the Block B facing Block C areas.. the night traffic sound is very clear... can hear the traffic of cars passing, etc. For those who want silence night, then, Block A facing those Flats opposite, is better.. because, over this side, its absorb from the traffic sound of the Cheras Permaisuri highways, and other highways. I can imagine, if i were at Block C, those units looking at KLCC, especially high floors, they sure can hear the traffic sound non stop. Units facing pool less sound, as its absorb from the outer sound. There are some sound at times, coming from those backyard industries, opposite Midfields, especially those beside the 5th floor units flats. Actually this morning, I been to the opposite road of the central residence actual site ( in front of the site can't stop due to traffic), I drop by for 15 minutes and I breathe the air. I don't smell "shit" at all but can smell a little bit of haze (today is a bit hazy). I even drop by at the Kuchai Entrepreneurs Park (Maybank) which is just opposite of the sewerage plant and I don't smell any 'shit'. So, at least can say that the 'shit' smell is not an issue at the area. 9th floor also can hear the traffic noise?? I thought the higher the level should hear lesser noise? But I know, night time will hear clearer bcos the air is less dense, so it able to transmit the sound ( wavelength) better. |
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Jun 30 2012, 03:32 AM
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719 posts Joined: May 2012 |
Ask any resident of high rise buildings condo facing highways ? They will tell you that the higher the floor unit, the louder you get to hear the traffic sound below the highways !! The sound reflected back to the higher floors.
That's why most experienced condo dweller try avoid condo units that face the loud highways ! The most sickening sound is the motor bikes - especially the loud types !!!!! |
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Jun 30 2012, 06:09 PM
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QUOTE(Citydude @ Jun 30 2012, 03:32 AM) Ask any resident of high rise buildings condo facing highways ? They will tell you that the higher the floor unit, the louder you get to hear the traffic sound below the highways !! The sound reflected back to the higher floors. Agree. 24 hours noise pollution 7 days a week. Noise level can be deafening during peak hours.That's why most experienced condo dweller try avoid condo units that face the loud highways ! The most sickening sound is the motor bikes - especially the loud types !!!!! Units in the same block not facing the highway directly would receive less noise which is tolerable with the doors and windows towards the direction of the highway kept closed. Anyway can go to the site and check it out. Those who have impaired hearing excessive noise would not be an issue. Just my 2 sen. |
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Jun 30 2012, 11:25 PM
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510 posts Joined: Jun 2012 |
QUOTE(rumahmurah @ Jun 30 2012, 06:09 PM) Agree. 24 hours noise pollution 7 days a week. Noise level can be deafening during peak hours. Dear rumahrumah,Units in the same block not facing the highway directly would receive less noise which is tolerable with the doors and windows towards the direction of the highway kept closed. Anyway can go to the site and check it out. Those who have impaired hearing excessive noise would not be an issue. Just my 2 sen. Since, this project is gbi compliant. The developer might use a better quality glass such as double glaze, low-e etc that can help to reflect uv sunlight and noise level. It is an add on and will enhance the building by the developer. |
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Jul 1 2012, 12:40 AM
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QUOTE(jastan @ Jun 30 2012, 11:25 PM) Dear rumahrumah, Yup. You got a point there. Refer back to the brochure or confirm with the developer whether it's GBI compliant.Since, this project is gbi compliant. The developer might use a better quality glass such as double glaze, low-e etc that can help to reflect uv sunlight and noise level. It is an add on and will enhance the building by the developer. |
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Jul 1 2012, 12:56 AM
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825 posts Joined: Apr 2012 |
I noticed the site has been fenced up, even can hardly see from Seremban Highway. Also the previous abandoned structure (up until 2 or 3 storeys) at the site has been removed, is that true?
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Jul 1 2012, 11:17 AM
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QUOTE(Vestor @ Jul 1 2012, 12:56 AM) I noticed the site has been fenced up, even can hardly see from Seremban Highway. Also the previous abandoned structure (up until 2 or 3 storeys) at the site has been removed, is that true? Very likely. As i pass through cr very frequent.. Cannot see the abandoned structure.. U vest one here boss?? |
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Jul 1 2012, 01:44 PM
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267 posts Joined: Aug 2011 |
Sign board at the entrance of the fenced-up area
will provide a clearer picture of the development. |
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Jul 1 2012, 02:51 PM
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719 posts Joined: May 2012 |
Central residence SOHO being a Soho
Type usually have more insulated windows and if you look at the buildings face, there is less open windows design or balcony style etc Old Salak south road to besraya passing by Central Residence till now is a simple roads access to Okr Lama etc that road don't have super speed cars lorries or cranky bikes travel 24 hrs ! So I am not too worry . Infact being a commercial Soho center the road if busier would means everyone knows Central Residence and highly marketable and reachable Reachable is the key word !!! After being reachable. Then the next thing is relevance to being a SOHO and those small simple business offices can reside at Central Residence. When word spreads around about the good access and good modern ultra Internet facilities and security Who don't want to put their work address here ? These USP or unique selling points are what modern business guys want !! Not traditional business way of thinking ! Infact since smart phones are here I Can safely say almost 50% of my work n business is conducted via smart iPhone and my iPad etc No longer we need to go back to Big office to type out our work!! Type and send emails n receive and reforward to my clients all in one go!!! And I can still be sitting by the cafe by the pool and make deals via my iPhone ! So a simple office SOHO size 731sq ft is just ideal And it's freehold !! Hopefully when completed this Central Residence will be the ICON for this site of the city! This post has been edited by Citydude: Jul 1 2012, 02:53 PM |
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Jul 1 2012, 03:19 PM
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825 posts Joined: Apr 2012 |
QUOTE(Thruster @ Jul 1 2012, 11:17 AM) Very likely. As i pass through cr very frequent.. Cannot see the abandoned structure.. U vest one here boss?? No boss, just a bro... I was exploring, not yet vested. Frankly speaking I like the location, just that an earlier project has been abandoned once. Also, noticed that the sales agent company had been promoting hard, even set up booth in many places. Means it's not selling so well after all? |
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Jul 1 2012, 05:38 PM
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719 posts Joined: May 2012 |
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Also, noticed that the sales agent company had been promoting hard, even set up booth in many places. Means it's not selling so well after all? [/quote] I noticed this Developer is not the loud and show off type They don't keep coming up every week with another launch all over the place That's why investor especially the types who buy few units one go to make fast bucks and living etc They don't snap up this Central R. So fast.... That's why they sell mostly to very interested types and those without prejudice. Their sales service is good . No lies. No tricks . Just tell us what is in store and we buy . That's good. This central residence sale guys are not boastful and not aloft and we feel good about it Another developer. I went to see their show house and they look so aloft and talk as if they were multi trillionaire and we are low class when I just ask if any more rebates or any smaller units left . This post has been edited by Citydude: Jul 1 2012, 06:03 PM |
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Jul 2 2012, 02:14 AM
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570 posts Joined: Jul 2005 |
sales office at See Hoy Chan builiding 19th floor?
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Jul 2 2012, 05:48 PM
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719 posts Joined: May 2012 |
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Jul 2 2012, 05:58 PM
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
i heard recently got 18 or 80 units just released due to loan issue, anyone want to let go, pm me ya. Nowaday loan really really tight like jeans
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Jul 2 2012, 06:00 PM
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52 posts Joined: May 2012 |
Do you know how much is the unit selling now?
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Jul 2 2012, 06:28 PM
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510 posts Joined: Jun 2012 |
QUOTE(seongmeng @ Jul 2 2012, 02:14 AM) Yah, Yuk Tung Land Office is at 19 th floor, plaza See Hoy Chan at Changkat Raja Chulan and their sales showroom gallery is at opposite of Plaza See Hoy Chan which is Bangunan Kwsp top floor. Better to make an appointment with them if you want to visit their sales showroom galleryAdded on July 2, 2012, 6:31 pm QUOTE(peri peri @ Jul 2 2012, 05:58 PM) i heard recently got 18 or 80 units just released due to loan issue, anyone want to let go, pm me ya. Nowaday loan really really tight like jeans Yah, ur right, they release about 80 units due to loan problem. But according to the SA, now left few units.Added on July 2, 2012, 6:44 pm QUOTE(Vestor @ Jul 1 2012, 03:19 PM) No boss, just a bro... According to the developer's lawyer, the previous abandoned development was related to agriculture. Now, Yuk Tung land has already convert to commercial status and already paid the premium and charge the land to Alliance Bank. Yuk Tung has already demolish the old existing building due to the current design don't suit. Central Residence has basement car park. Now, they are stacking big piles of rocks (They are testing the soil, I think so...). Piling will in progress soon. You need not worry, is a all new development (not continue from the existing abandoned project).I was exploring, not yet vested. Frankly speaking I like the location, just that an earlier project has been abandoned once. Also, noticed that the sales agent company had been promoting hard, even set up booth in many places. Means it's not selling so well after all? This post has been edited by jastan: Jul 2 2012, 06:44 PM |
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Jul 3 2012, 03:22 PM
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719 posts Joined: May 2012 |
I read with a curious mind.. why people are worry, that the project is not selling faster than the others which get snap up even b4 launch?
As i mentioned, many of those units by other developers are usually snap up few units at one go, by investors or speculators, etc. So, that is why, they SOLD OUT fast, and these people are targeting at SUB SALE Market to make tons of money. Central Residence, is SOHO, and not targeting at desperate housewives, who only know, they must not kiasu etc. So, buying from subsale is their options, and these speculators make tons by selling to SUB SALE markets. A SOHO Residence is a long term investment, and ideally, more resolute thinking people. We measure our Purchase by our commitments, loans, business, and access, and future. SPECULATORS are only interested in SUBSALE Markets, they Hike up the price, and if possible, CONTROL the SUB SALE of many units from that condominium and so, nobody can escape the high SUBSALE price, if they want to buy any units. BUT recently, the BANKS are kinda worry. Many say Market Price. But point is Market Price is CONTROL by SALES and DEMAND. IF Sales are control by Speculators, and they don't bother about HOUSING LOAN or NPL. ( Non Performing Loans). So, if any real soft market comes along, the BANKS will suffer sub prime problems, like in USA. The prime price drops, and collapse, and units Market price in the REAL MARKET may not materialize to match the high loan given. And banks are stuck to hell with the high loan given, and cannot get rid of the unit at low below market price. So, its the caution they are exercising. IF every month, the SUB PRICE goes higher, the higher the risk. Everyone knows. The prudent investor is now, stuck between keeping a unit they invested for higher gains or worry, if suddenly the market soften, and their profit margin is narrow etc. Yet, got to pay the high maintenance bills, once the units are handed the KEYS to the unit. If they invest to rent out, they had to fork out a bigger sum for renovation and furnishing. If they leave it unfurnished, they cannot get the better rental to cover the huge loan they are stuck with. Ummm, now, is the battle between SUBSALE Vs REAL VALUE of that property!! |
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Jul 3 2012, 03:31 PM
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
overpriced and speculation, thats something government must control. U r rite, even banks also concern if economy and market suddenly drop, another NPL
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Jul 3 2012, 04:08 PM
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510 posts Joined: Jun 2012 |
As you know, there are some projects which are just playing with sticker games. Some of the units being RESERVED by the agents, SA, VVIP and eventually it seem the projects are fully sold. This will worsen the situation if the Developer allow the buyer to change name if they want to cancel or loan reject. This will attract a lot of speculators that want to earn fast buck. Easy money with a few thousand ringgit by just booking a unit at the early birds stage and transfer the name to a genuine buyer before signing S&P. Is this often what we heard??
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Jul 3 2012, 04:33 PM
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(jastan @ Jul 3 2012, 04:08 PM) As you know, there are some projects which are just playing with sticker games. Some of the units being RESERVED by the agents, SA, VVIP and eventually it seem the projects are fully sold. This will worsen the situation if the Developer allow the buyer to change name if they want to cancel or loan reject. This will attract a lot of speculators that want to earn fast buck. Easy money with a few thousand ringgit by just booking a unit at the early birds stage and transfer the name to a genuine buyer before signing S&P. Is this often what we heard?? its a timing game. same like Euro, people play football for match, but bookies from all over the world making tonnes of monies legally or illegally. But Euro wont get 1 cent from the profit.I booked early with good price, i offer to u with top up, u accept, im happy, move on. |
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Jul 5 2012, 05:19 PM
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719 posts Joined: May 2012 |
QUOTE(jastan @ Jul 3 2012, 04:08 PM) As you know, there are some projects which are just playing with sticker games. Some of the units being RESERVED by the agents, SA, VVIP and eventually it seem the projects are fully sold. This will worsen the situation if the Developer allow the buyer to change name if they want to cancel or loan reject. This will attract a lot of speculators that want to earn fast buck. Easy money with a few thousand ringgit by just booking a unit at the early birds stage and transfer the name to a genuine buyer before signing S&P. Is this often what we heard?? Hi JASTAN,What you said.. ummm, may be good rational why every subsale gets snaps up? and suddenly, most new launches are snap up like ABC .... i used to naively think that KL People are so rich meh.. every launch, SOLD OUT. Every Week, another new launch and SOLD OUT by 3 days.!!! So many new buyers ah? yet when i ask the man in the streets on how's the economy? they say. its hard to earn money. When i ask my clients, why so late payment? they say. its hard to get payment from others. If everything is so hard to get.. especially ($)... why so much money rolling about with Sales of Properties? That defies gravity? Like that, might as well quit job and be "INVESTOR".. buy at 200k and sell at 400K 2.5yrs later, or buy at 300K and sell at 600K 3 years later.... that covers all the 3 years of work right? buy 10 units lagi shook ahhhhh ... is that logical thinking? crazy right? i still better put my feet on the ground, and be real..WORK!!! earn my monthly salary ah? Added on July 5, 2012, 5:19 pmAny updates on Central Residence SOHO? Added on July 5, 2012, 5:19 pmAny updates on Central Residence SOHO? This post has been edited by Citydude: Jul 5 2012, 05:19 PM |
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Jul 5 2012, 05:44 PM
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20 posts Joined: Mar 2012 |
i been told by the lawyer that most likely the first disbursement of money for 10% for completion of pilings and foundations will be paid to the developer on Sept or Oct. That means the works so far going quite smooth right? Hopefully it can complete before 2015.
As the vacant possession is to be 36 months upon stamping of SPA, may I know who is the earliest among here to sign the SPA? |
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Jul 5 2012, 08:43 PM
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QUOTE(buejwong @ Jul 5 2012, 05:44 PM) i been told by the lawyer that most likely the first disbursement of money for 10% for completion of pilings and foundations will be paid to the developer on Sept or Oct. That means the works so far going quite smooth right? Hopefully it can complete before 2015. Hei BruAs the vacant possession is to be 36 months upon stamping of SPA, may I know who is the earliest among here to sign the SPA? Tks for update !! Do you feel the property softening or more robust ! ? |
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Jul 6 2012, 10:37 PM
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QUOTE(Citydude @ Jul 5 2012, 08:43 PM) Well, i know quite lot of tks here also aware that the new launching properties are still springing up like mushroom after the rain. But vast majority of them are landed type that ranging from 600k to 1mil plus. I think these kind of properties will be under the limelight especially for those mid-high income earners. According to my banker fren, survey has been done and the result shown this kind of property has group of followers. Sad case is i dun have enough cash to grab one!!LOLAnyhow, I think it's suffice here for me to pretend like an expert to talk about the future of the property development but with the evidences of keep on "popping out" new properties, i think we still have a long way to go until the next cycle of contraction - RECESSION!! |
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Jul 6 2012, 11:06 PM
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510 posts Joined: Jun 2012 |
QUOTE(buejwong @ Jul 6 2012, 10:37 PM) Well, i know quite lot of tks here also aware that the new launching properties are still springing up like mushroom after the rain. But vast majority of them are landed type that ranging from 600k to 1mil plus. I think these kind of properties will be under the limelight especially for those mid-high income earners. According to my banker fren, survey has been done and the result shown this kind of property has group of followers. Sad case is i dun have enough cash to grab one!!LOL I fell that the current property development is stil sustainable. Our situation are different with US subprime problem. The bankers knew that their client are high risk group and they are wiling to lend them at higher interests rate. When most of the people started to default payment when the economy is down, thats where the problem begin. Our situation here is different, the banks evaluate their clients and have to meet minimum requirement before the banks approve the loans. As long as our economy is intact, the bubble won't exist. There are still a lot of high purchasing power buyer outside there although you see a steep hike in price these 2 years.Anyhow, I think it's suffice here for me to pretend like an expert to talk about the future of the property development but with the evidences of keep on "popping out" new properties, i think we still have a long way to go until the next cycle of contraction - RECESSION!! |
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Jul 7 2012, 08:09 PM
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719 posts Joined: May 2012 |
I heard a local radio show. They guy said. The high hse price now making our people enjoying less in life.
Less money to buy other essentials, things to enjoy etc because most of the savings is out paying for hse loans. That's not healthy for city living way of life and we are making too much sacrifice for that hse. Ummm, you Agree? I tend to agree.... Of course, you will say in 5 or 10yrs time, when the hse price is 5x higher, only you start to enjoy .... But then in 10yrs time, again you are burden with kids in Uni and the amt you need is really sky high !!!! So a decent Hse is really out of the average city man dream. Ave lower to middle class condo is 350k to 500k That's putting the pressure on decent folks to earn and same time buy a Hse or own a Hse. Nott surprise, we see cases of more emotional mental health from city people. |
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Jul 7 2012, 10:26 PM
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157 posts Joined: May 2012 |
QUOTE(Citydude @ Jul 7 2012, 08:09 PM) I heard a local radio show. They guy said. The high hse price now making our people enjoying less in life. yeah rite, but we still have a long way to go b4 we reach the stage like Singapore and Hong kongLess money to buy other essentials, things to enjoy etc because most of the savings is out paying for hse loans. That's not healthy for city living way of life and we are making too much sacrifice for that hse. Ummm, you Agree? I tend to agree.... Of course, you will say in 5 or 10yrs time, when the hse price is 5x higher, only you start to enjoy .... But then in 10yrs time, again you are burden with kids in Uni and the amt you need is really sky high !!!! So a decent Hse is really out of the average city man dream. Ave lower to middle class condo is 350k to 500k That's putting the pressure on decent folks to earn and same time buy a Hse or own a Hse. Nott surprise, we see cases of more emotional mental health from city people. besides own stay, i also invest in property with both attack and defense strategy just hoping that my money won't get smaller in value cheers.... |
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Jul 7 2012, 11:45 PM
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Junior Member
267 posts Joined: Aug 2011 |
QUOTE(Citydude @ Jul 7 2012, 08:09 PM) I heard a local radio show. They guy said. The high hse price now making our people enjoying less in life. Agree. At present prices, purchasing a decent house will take away a big chunk off the monthly income to repay the loan.Whatever that's left of the income will have to be juggled to keep oneself and the family afloat and hopefully sane. Tough.Less money to buy other essentials, things to enjoy etc because most of the savings is out paying for hse loans. That's not healthy for city living way of life and we are making too much sacrifice for that hse. Ummm, you Agree? I tend to agree.... Of course, you will say in 5 or 10yrs time, when the hse price is 5x higher, only you start to enjoy .... But then in 10yrs time, again you are burden with kids in Uni and the amt you need is really sky high !!!! So a decent Hse is really out of the average city man dream. Ave lower to middle class condo is 350k to 500k That's putting the pressure on decent folks to earn and same time buy a Hse or own a Hse. Nott surprise, we see cases of more emotional mental health from city people. |
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Jul 8 2012, 02:51 AM
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719 posts Joined: May 2012 |
QUOTE(rumahmurah @ Jul 7 2012, 11:45 PM) Agree. At present prices, purchasing a decent house will take away a big chunk off the monthly income to repay the loan.Whatever that's left of the income will have to be juggled to keep oneself and the family afloat and hopefully sane. Tough. The city guys bills are:1) house or condo loan bill or rental bill 1b) condo maintenance bills or guarded community Bills 2) credit card bill 3) car installment bill 4) food for self n family food bill 5) parents upkeep 6) water bill 7) electricity bill 8) ASTRO bill 9) hp telco bill 10) Internet bill 11) iPad Internet bill 12) petrol bill 13) movie bill 14) hyper mart grocery bills 15) yum cha bill 16) vitamins pills bill 17) day care or maid bill 18) paid ironing clothes service bill 19) car washing bill 20) kinder garden bill 21) kids bill 22) kid schooling bill 23) grown kids university monthly bill and their cars bill n their petrol bills and living bills 24) accessment bill of hse or condo 25) quit rent bill 26) indah water bill Excluding personal or parents or kids medical bills scary ahhhh still got money to buy few more houses ahhhh ??? |
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Jul 8 2012, 05:02 PM
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267 posts Joined: Aug 2011 |
QUOTE(Citydude @ Jul 8 2012, 02:51 AM) The city guys bills are: 27) road toll1) house or condo loan bill or rental bill 1b) condo maintenance bills or guarded community Bills 2) credit card bill 3) car installment bill 4) food for self n family food bill 5) parents upkeep 6) water bill 7) electricity bill 8) ASTRO bill 9) hp telco bill 10) Internet bill 11) iPad Internet bill 12) petrol bill 13) movie bill 14) hyper mart grocery bills 15) yum cha bill 16) vitamins pills bill 17) day care or maid bill 18) paid ironing clothes service bill 19) car washing bill 20) kinder garden bill 21) kids bill 22) kid schooling bill 23) grown kids university monthly bill and their cars bill n their petrol bills and living bills 24) accessment bill of hse or condo 25) quit rent bill 26) indah water bill Excluding personal or parents or kids medical bills scary ahhhh still got money to buy few more houses ahhhh ??? 28) parking fee 29) EPF deduction 30) Income tax deduction |
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Jul 8 2012, 07:41 PM
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145 posts Joined: Aug 2011 |
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Jul 9 2012, 12:41 AM
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719 posts Joined: May 2012 |
And when I ask the property agent if the price is negotiable for one unit property at
Another development Call X, that agent just said " it s only 500k , very cheap!," Gosh ! She thinks it's buying a RM 5.00 stamp ? I just rejected her for good. So, anyone care to think harder and continue No. 32 bills to No. 40 bills? |
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Jul 9 2012, 12:59 AM
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603 posts Joined: Jun 2010 |
32) medical bill
33) entertainment bill |
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Jul 9 2012, 03:17 AM
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267 posts Joined: Aug 2011 |
QUOTE(Citydude @ Jul 9 2012, 12:41 AM) And when I ask the property agent if the price is negotiable for one unit property at Pay RM5/- to buy a stamp you get a RM5/- stamp.Another development Call X, that agent just said " it s only 500k , very cheap!," Gosh ! She thinks it's buying a RM 5.00 stamp ? I just rejected her for good. So, anyone care to think harder and continue No. 32 bills to No. 40 bills? Buy a car with a bank loan you get to drive home a new car. But buying a house/condo off the plan is a totally a different ball game. |
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Jul 9 2012, 10:30 AM
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(buejwong @ Jul 5 2012, 05:44 PM) i been told by the lawyer that most likely the first disbursement of money for 10% for completion of pilings and foundations will be paid to the developer on Sept or Oct. That means the works so far going quite smooth right? Hopefully it can complete before 2015. after 10% on SNP, first disbursement by bank normally on completion for earthwork! piling or foundation will comes 2nd!As the vacant possession is to be 36 months upon stamping of SPA, may I know who is the earliest among here to sign the SPA? Added on July 9, 2012, 10:31 am QUOTE(rumahmurah @ Jul 9 2012, 03:17 AM) Pay RM5/- to buy a stamp you get a RM5/- stamp. u buy 1 biji from developer, u payback 1 biji + 1 biji interest to bank after 30 yearsBuy a car with a bank loan you get to drive home a new car. But buying a house/condo off the plan is a totally a different ball game. so, who wins? Added on July 9, 2012, 10:32 am QUOTE(Citydude @ Jul 7 2012, 08:09 PM) I heard a local radio show. They guy said. The high hse price now making our people enjoying less in life. applicable to overpriced and speculated SOHO, SOVO, SOFO and this investment too. risk is very very high!Less money to buy other essentials, things to enjoy etc because most of the savings is out paying for hse loans. That's not healthy for city living way of life and we are making too much sacrifice for that hse. Ummm, you Agree? I tend to agree.... Of course, you will say in 5 or 10yrs time, when the hse price is 5x higher, only you start to enjoy .... But then in 10yrs time, again you are burden with kids in Uni and the amt you need is really sky high !!!! So a decent Hse is really out of the average city man dream. Ave lower to middle class condo is 350k to 500k That's putting the pressure on decent folks to earn and same time buy a Hse or own a Hse. Nott surprise, we see cases of more emotional mental health from city people. Added on July 9, 2012, 10:33 amdon follow the market trend blindly, follow ur financial capabilities This post has been edited by peri peri: Jul 9 2012, 10:33 AM |
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Jul 9 2012, 06:01 PM
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267 posts Joined: Aug 2011 |
QUOTE(peri peri @ Jul 9 2012, 10:30 AM) after 10% on SNP, first disbursement by bank normally on completion for earthwork! piling or foundation will comes 2nd! Yup...very true. Price be in sync with income is fair consideration.Added on July 9, 2012, 10:31 am u buy 1 biji from developer, u payback 1 biji + 1 biji interest to bank after 30 years so, who wins? Added on July 9, 2012, 10:32 am applicable to overpriced and speculated SOHO, SOVO, SOFO and this investment too. risk is very very high! Added on July 9, 2012, 10:33 amdon follow the market trend blindly, follow ur financial capabilities |
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Jul 10 2012, 02:45 PM
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510 posts Joined: Jun 2012 |
Updated News from NSTP 29 Jun 2012
http://www.nst.com.my/red/focus-steady-cli...the-top-1.99435 TRIPLE WINS: There is no stopping Yuk Tung as it sweeps three awards at the Asia Pacific Property Awards recently Fresh from the resounding success of its signature development, The Peak @ Bukit Prima Cheras which won the coveted 5 Star Best Development Award (Malaysia) under the Residential Property category in the prestigious Asia Pacific Property Awards 2010, Yuk Tung Group is on a roll with another award-winning project, Central Residence @ Sg Besi which recently won the Best Apartment (5 Star) at the Asia Pacific Property Awards 2012 – 2013. Apart from great teamwork, the other factor that contributed to this string of awards, three for Central Residence alone, is the man helming the company, Tan You Hock, the Managing Director of HR Group, the management company for Yuk Tung Group. Moderation and integrity are what best describes Tan, who immediately comes across as someone who has his feet firmly on the ground. After all, Yuk Tung’s group turnover hit RM400 million last year and this year, the up-and-coming developer aims to add another RM100 million to its turnover making it cross the psychological half-billion ringgit mark. Not bad for a company which initially in 2009 faced an uphill task convincing people to take up units in The Peak @ Bukit Prima Cheras, a residential area not known for luxurious residential houses. Today, The Peak’s landed superlinks and semi-dees are fetching almost double the launch price. “Our Phase 3 super links were launched at RM600K, they are now transacted at RM1.2 million while our semi–dees are fetching RM2 million compared to its launch price of RM1.2 million barely two years ago,” Tan reveals. “Since The Peak, our brand has become known in the market to the extent that we now have repeat buyers,” he says, adding that the two bungalows that they have built in the same location have been sold for RM3.3 million and there are four more bungalow units available for sale at RM4.3 million. As its name becomes more recognised, the company has forged ahead with another project, this time a high-rise GBI compliant building. Aptly named Central Residence @ Sg Besi, the freehold development sits on 4.16 acres of land on one of the most overlooked locations in Kuala Lumpur. Only seven kilometres from Kuala Lumpur City Centre (KLCC), the three towers stand majestically along the Sungei Besi Highway and the Terminal Bersepadu Selatan (TBS-Transportation Hub) is just less than two kilometres away. Best of all, there are no traffic lights all the way to the KLCC. Not surprisingly, Ho Chin Soon, a renowned property consultant, has given the location a big thumbs-up. As Tan, an engineer-turned-developer points out, the central location is key to its success. “We have had very good response from buyers. Almost 85 per cent of Block 1 (526 units launched in August 2011) is sold. This is considered very good in view of the cooling measures by Bank Negara.” He further shares that 80 per cent of Block 1 buyers are local young professionals within the age range of 35 - 45, reason being that they prefer a location that’s near to the city centre. The price ranges between RM350K – RM650K for SOHO/service apartments with sizes of between 565 - 876 sq ft. “Our second block has bigger units from 845 - 1,122 sq ft with prices ranging between RM490K – RM720K. I foresee more foreign interest for these as we have just started promoting them overseas after its launch on May 6,” the MD shares. Block 2 features a high ceiling of 3.2 metres, more windows, pocket gardens, a unique marina-themed club like recreational floor that include facilities like two swimming pools and an amphitheatre. The company targets to launch Block 3 comprising of 168 units (ranging from 785 - 1,132 sq ft) of service apartment units before the end of this year. Majority of the SOHOs are like semi-dee units and come with two car parks. While Block 1 comes with a big swimming pool on the roof-top, all three blocks have roof top gardens. Every fourth floor boasts a sky garden with double volume ceiling height, which Tan believes contributes to the design excellence which won it good reviews from its buyers. “Ultimately, it’s our commitment to the project, the location and design as well as the lifestyle facilities that won us the award,” Tan reckons, adding that they even provide shuttle bus service to the city centre as part of its after-sales service. Ahead of schedule: The former engineer expects sales of the 1,000-unit development to top RM600 million in total and is confident that the project can be completed within 30 months from now. “At the current take-up rate, we are targeting to complete all three blocks at one go. The foundation work is in progress and there is no reason to slow down,” he says. Judging from the major banks’ support on providing end financing facilities, the company has confidence to complete the project ahead of schedule. Indeed, as a pocket developer, they are the least affected by the economic uncertainties, Tan reckons. “We are not a public-listed company and are very hands-on. The commitment is there. We work very hard, all 80 of us to complete all the current projects. Indeed, our group made its name through hard work,” Tan reveals. Neither does the company believe in holding vast tracts of landbank. Apart from a 42-storey single block of luxurious service apartment in Jalan Yap Kwan Seng, Kuala Lumpur, which is “ready-to-launch”, the company has acquired 75 acres of land near the waterfront in Port Dickson. It is currently in the planning stage, and the company is now sourcing and working with international consultants to develop it into a mixed development comprising a hotel, theme park, restaurants, bungalows, central park, service apartments and commercial facilities/retail businesses. By all accounts, Yuk Tung, though a relative newcomer in the industry, has earned its stripes and is set to chart another milestone in its journey to provide distinctive homes. Read more: FOCUS: Steady climb to the top - RED - New Straits Times http://www.nst.com.my/red/focus-steady-cli...5#ixzz20CQlfSt5 |
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Jul 10 2012, 06:52 PM
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719 posts Joined: May 2012 |
JASTAN
Many TQ for the except of YUK TUNG, giving confidence to CONFIRMED BUYERS, and PROSPECTS. Shows, TUK TUNG is fast establishing itself as a PROPERTY DEVELOPER who delivers! Awards are earned, and not just passed on. Being new, I believe, they will work harder to give us the LOYAL Buyers more meat. We believe in TUK TUNG by buying their units, and We believe, we will be rewarded by the developer with high Investment after sales values. This is one developer who don't rely on hard core advertising. They rely on delivery. Past Developments already bear witness to their enthusiasm and hard work to come out with even better developments. Central Residence once completed will be one of the city's icon towers! I got the SOHO Central Residence. The Service Condo Units, if i got the extra money, I will not hesitate to buy another. It is with that confidence, that i quickly snap up the 25th Floor of SOHO Central Residence. I am at the top of this great ICON Building in KL. No regrets!!! |
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Jul 18 2012, 04:03 PM
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510 posts Joined: Jun 2012 |
I have a chat with SA and asked about the sale progress for the Court Central Residence court. There are 6 types of built up available. If not mistaken is
Build Up Size: 845_2R+2B, 896_2R+2B, 945_3R+2B, 1089_3R+2B, 1115_3R+2B, 1122_3R+2B To my surprise the 1115 and 1122 sqft built up are sold out which cost > RM600K. Normally, the smaller built up are faster sold out compare to the larger units due to the price tag is much cheaper but this theory don't apply to Central Residence. |
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Jul 18 2012, 10:01 PM
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719 posts Joined: May 2012 |
Ummm that's good to know the larger units sold out than stuck there as unsold!
This clear the myth and superstitious that the Feng shui is yaks or you can see ghost Put it this way, do you think is famous developer will put their Gold in this development if there don't have research and solid marketing about this area and it's future and all the Feng shui ?? I have 100% trust in their projections. I am renting at midfields. I need a stay another area ( pref my own) by early 2013. If not, I would like to buy the courts the larger units. Another agent is trying to sell me Gembira Residence at jalan senang ria at taman Gembira. That 1488 sq ft unit cost around 650k ! And freehold. So if you look carefully, courts and soho both got the chance to up by value another 200k during good times and in years to come. It's FREEHOLD!!! That's the catch!!!!!! Go for it!!! This post has been edited by Citydude: Jul 18 2012, 10:02 PM |
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Jul 19 2012, 11:32 AM
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510 posts Joined: Jun 2012 |
QUOTE(Citydude @ Jul 18 2012, 10:01 PM) Ummm that's good to know the larger units sold out than stuck there as unsold! Hi Citydude,This clear the myth and superstitious that the Feng shui is yaks or you can see ghost Put it this way, do you think is famous developer will put their Gold in this development if there don't have research and solid marketing about this area and it's future and all the Feng shui ?? I have 100% trust in their projections. I am renting at midfields. I need a stay another area ( pref my own) by early 2013. If not, I would like to buy the courts the larger units. Another agent is trying to sell me Gembira Residence at jalan senang ria at taman Gembira. That 1488 sq ft unit cost around 650k ! And freehold. So if you look carefully, courts and soho both got the chance to up by value another 200k during good times and in years to come. It's FREEHOLD!!! That's the catch!!!!!! Go for it!!! I totally agree with you. This developer started about 15 years ago since 1997 and they are of course not as famous as the well know developer but thay are gaining fame now with lots of awards that they accumulated. They have of course don't a lot of intensive research before embark into this project. We ought to know that they are not public listed company. All the investment cost are from their pocket money and with the help of banks loan. So, if any one of their projects failed, they will have drained all they hard earn profits all these years. You really have the confidence in appreciation value for both the Courts and Soho. For me, is simple, as long as the property are well maintained by the management years to come will directly increase the value of the property. Good management play a very important role. |
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Jul 19 2012, 05:27 PM
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
The feeder bus to TBS is provide free by developer or to be service by JMB later?
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Jul 19 2012, 05:32 PM
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510 posts Joined: Jun 2012 |
QUOTE(peri peri @ Jul 19 2012, 05:27 PM) Hi peri peri,The feeder bus is provided free by the developer but maintain by the JMB. The residents need to pay if wanna use the Feeder Bus service. This will be fair to other residents who don't use the service. |
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Jul 20 2012, 12:37 AM
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719 posts Joined: May 2012 |
Today at Carrefour Midvalley .
The Courts Residence of Central Residence put up a side stall to sell the units etc. The Sales guy told me. SOHO is SOLD OUT!! Courts I noticed also selling fast. Block 3 is soon open for Sale? |
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Jul 27 2012, 07:11 PM
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510 posts Joined: Jun 2012 |
Another Masterpiece Award
Updated News from The Star 23 July 2012 http://www.yuktung.com.my/pdf/ad_20120723_TheStar.pdf HEARTIEST CONGRATULATIONS TO HR GROUP OF COMPANIES FOR BEING AWARDED INTERNATIONAL STAR FOR LEADERSHIP IN QUALITY AT THE ISLQ AWARD PARIS, 2012 A RECOGNITION TO LIGHT UP THE FUTURE The International Star for Leadership In Quality Award presented by Business Initiative Directions (B.I.D) recently held in Paris was participated by companies from 117 countries. During this time, participating leaders from all manner of industries had submitted their proposals and among the few who triumphed were the HR Group, one of Malaysia's leading and fastest growing property developers with interests expanding out to China, the UK and Oceania. Over the years, the company has displayed prodigious strength in management quality, bringing success and profitable ventures through its numerous undertakings with The Yuk Tung Group, which today is yet again recognized internationally via this prestigious Star Quality Award. The criteria for being awarded an International Star Leader in Quality Culture (ISLQ QC100 certification) involved demonstration of excellence in the designated industrial sector exhibiting increased market share, improved results and sustainability. This prestigious award, given to leaders by leaders is created by 26 media publications from around the world that orient themselves towards change and market trends, with special focus on innovation, growing brands, technology, and new products, covering a multitude industries from property development and manufacturing to business and finance. After months of vetting, the gala presentation was finally held at the Concorde La Fayette Hotel in Paris and the cited qualities for HR Group included valuing customer satisfaction while obtaining positive business results; meeting quality levels; encouraging teamwork for decision making; satisfying the needs of clients and meeting their expectations; providing human resources, both technical and economic to achieve continuous improvement for the environment; managing human resource to achieve maximum potential; and making employees aware of the importance of the most profitable areas of activity in order to achieve the best business results. |
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Jul 28 2012, 04:18 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
QUOTE(Citydude @ Jul 20 2012, 01:37 AM) Today at Carrefour Midvalley . Last time I asked them, they said still got few not yet sold but now all sold out for SOHO phase one. The Courts Residence of Central Residence put up a side stall to sell the units etc. The Sales guy told me. SOHO is SOLD OUT!! Courts I noticed also selling fast. Block 3 is soon open for Sale? Btw, if anyone got some picture of the current development / construction, can post it here as well ya. |
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Jul 28 2012, 05:51 PM
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7,923 posts Joined: Feb 2007 From: 1 Malaysia |
Every time also at Carrefour mid valley outside
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Aug 9 2012, 12:12 PM
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510 posts Joined: Jun 2012 |
From The Star Advertisement
http://yuktung.com.my/pdf/ad_20120808_TheStar.pdf INVITATION TO THE LAUNCHING of THE COURT Service Apartment, Central Residence @ Suria Sungai Besi, Kuala Lumpur DATE : 11August 2012 (Saturday) TIME : 10.00 am – 6.00 pm (Refreshment will be served) VENUE : Shangri-la Hotel , Kedah & Selangor Room, Basement II, 11, Jalan Sultan Ismail ,50250 Kuala Lumpur SPECIAL EVENT Event 1: Property Outlook 2012 : by Mr Ho Chin Soon 11.30am & 2.30pm Event 2: Maybank Property Financing Solution 2012: by En Masrul Affendy Manager, Business Relationship- Consumer Finance, Community Financial Services 12.00noon Feel like going and listen to Mr Ho Chin Soon expertise view about this project and Sungai Besi Area. |
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Aug 30 2012, 06:59 PM
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719 posts Joined: May 2012 |
I did not go that property outlook talk
Anyone went? What's the property outlook 2012!???? |
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Sep 6 2012, 04:34 PM
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1,423 posts Joined: Aug 2012 From: Kuala Lumpur |
Any update for the latest launched the court serviced apartment??
How is their selling?? |
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Sep 13 2012, 08:54 AM
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149 posts Joined: Aug 2011 |
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Sep 21 2012, 02:46 PM
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217 posts Joined: Jan 2003 From: Kuala Lumpur |
I just booked one unit at Mid Valley yesterday. Now waiting for bank loan approval.....hehe.
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Sep 24 2012, 12:39 PM
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Sep 24 2012, 12:54 PM
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217 posts Joined: Jan 2003 From: Kuala Lumpur |
yup....i think still have some unit where some owners can't get through bank loan approval. I am still waiting for bank call too.
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Oct 17 2012, 02:45 PM
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510 posts Joined: Jun 2012 |
Updated News from article appeared in City & Country, the property pullout of The Edge Malaysia, Issue 923, Aug 13-19, 2012
http://www.theedgeproperty.com/news-a-view...ala-lumpur.html City&Country: Yuk Tung maintains niche in Greater Kuala Lumpur By Haziq Hamid of The Edge Malaysia Sunday, 09 September 2012 00:00 It was niche developments in Greater Kuala Lumpur that helped establish Yuk Tung Group in the local property sector. It has completed 10 projects in the last 10 years and raked in more than RM1.5 billion in sales in the last five years. According to its managing director Tan You Hock, the group was formed 10 years ago through a merger between HR United Sdn Bhd, which was facing financial difficulties at the time, and Yuk Tung Group Sdn Bhd. “We felt that as a group we were expanding into something bigger and better. So we decided to merge while maintaining HR United and Yuk Tung as separate entities, but under the Yuk Tung banner,” he explains. The merged group’s maiden project was Suriamas Apartments in Bandar Sunway in 2005. Yuk Tung built its presence in the property business over the years and by 2012, three of its developments — The Peak, a gated and guarded residential project in Cheras, Kiara 3 condominium in Mont’Kiara and Central Residence in Sungai Besi — had won awards. “We are a niche developer, we don’t have big townships. Our projects are located in Greater Kuala Lumpur and most of them are pocket developments,” explains Tan. Currently, Yuk Tung is keeping itself busy with a development each in Shah Alam, Selangor and Mont’Kiara and Sungai Besi in Kuala Lumpur. The Shah Alam project, dubbed Menara U, is on 2.26 acres of leasehold land in Section 13. It is being developed in two phases — Menara U1 and Menara U2. Menara U1 comprises a 27-storey serviced apartment tower with 531 residences and 38 retail units. The serviced apartments have built-ups of 527 to 622 sq ft and are priced at RM240,000 to RM290,000 (RM450 psf to RM480 psf). The retail lots have built-ups of 1,700 sq ft to 2,500 sq ft and prices from RM1 million to RM2.4 million. The 1.47-acre Menara U2 consists of 474 small office home offices (built-up: 450 sq ft onwards). They are priced at RM237,000 to RM264,000 (RM527 psf to RM588 psf). Menara U1, which was launched in November 2010 and is sold out, is expected to be completed in June 2013. Menara U2, which was made available to the public in October 2011 and is 82% sold, is set to be completed in December 2014. In Mont’Kiara, it is developing Richmond, a condominium tower offering 160 units with built-ups of 1,518 to 5,349 sq ft. Prices range from RM750 psf to RM800 psf. The 0.809-acre freehold project was launched in June 2011 and has since achieved sales of 65%. Central Residence Called Central Residence, the 4.16-acre freehold development coming up in Sungai Besi is the largest of the three projects. It comprises SoHos, serviced apartments and shopoffices and has a gross development value of RM400 million. Central Residence is being developed in three blocks. The first consists of 526 SoHos (built-up: 565 to 956 sq ft) that are priced at RM362,565 to RM569,205. This block was launched in September 2011 and has a take-up rate of 90%. The second block — 27 storeys high and called The Court at Central Residence — was launched on Aug 11. It offers 365 serviced apartments (built-up: 845 to 1,089 sq ft) that cost RM486,000 to RM700,000 each. Facilities at The Court include a sky lounge, swimming pool, sauna, roof garden and an amphitheatre. Open for registration and targeted for launch in the third quarter of the year, the third block offers 168 serviced apartments. It is expected to be completed in October 2014. “Central Residence is considered very close to Kuala Lumpur. We consider this project to be well within the KL city area. The locals might say Sungai Besi is far off, but it is not. It is nearer to the KL city centre than Mont’Kiara,” Tan points out. “Response to this project has been good, especially since the old Sungai Besi airport site is to be redeveloped into Bandar Malaysia and the Jalan Cochrane area is to be transformed into a new financial centre. Our project is a mere five minutes from these places.” Tan is targeting young homebuyers for this project. “I would say that 35% to 45% of our buyers are young adults or parents buying for their children.” Port Dickson Project Early this year, Yuk Tung purchased a 75-acre (30ha) leasehold parcel with a mix of commercial and residential land in Port Dickson, Negri Sembilan, at an undisclosed price. The land is located next to the waterfront marina. Tan says the developer is still planning the project for this site and will submit a development plan soon. “The land was reasonably priced and we are inclined to go for a hospitality project on the site. We might develop a hotel, theme park or marina. Definitely something interesting and fun targeting the young market.” He adds that due to the location of the parcel off Jalan Pantai, he sees the potential to tap the Singapore market. “The land is not only located next to the waterfront marina, but we can tap the Singapore market, especially with the establishment of the proposed Kuala Lumpur-Singapore double-tracking railway line. Once you have this fast train, you are talking about Kuala Lumpur to Singapore in 1½ hours. We feel that there is potential to tap Singapore’s overflowing market. For instance, the Chinese who come to Singapore will definitely come to Malaysia.” Royce Residence Yet another of Yuk Tung’s upcoming developments is Royce Residence. Comprising two blocks of serviced apartments in Jalan Yap Kwan Seng, near the KLCC area, the 42-storey Royce Residence has 440 serviced apartments. It is coming up on 7.82 acres of freehold land. Tan says the developer has been wanting to officially launch Royce Residence for about a year now and has not decided whether to keep the project as an investment or sell it. “We may keep it as an asset for recurring income. We have spoken to two or three serviced apartment operators in the market and they have presented some proposals on how to run them. We have yet to decide.” He adds that it is possible to convert the two towers into a hotel as well. The developer is talking to investors and engaging the market for possible opportunities. Yuk Tung has also received a proposal to buy Royce Residence but Tan says the developer is unlikely to sell it. According to Tan, the group has been invited to be involved in redevelopment projects in the Klang Valley and Penang. “We have submitted our proposals. One is pending while in another, the landowner had a last-minute change of heart.” Tan, however, admits that Yuk Tung prefers to buy land and develop it on its own. “Redevelopment projects are not straightforward,” he explains. “They involve dealing with a lot of parties as well as authorities and our experience in development is limited, so we’re not keen on redevelopments.” Yuk Tung will maintain its current strategy of being a niche developer until KL runs out of development land. “Then we will have no choice. But I think KL still has plenty of land. It’s just that the cost is very high,” remarks Tan. Overseas Market When asked about venturing overseas, Tan says the developer did explore foreign markets but decided against penetrating any of them. “We explored China but didn’t go in. All its developments are very big and we are financially not up to par.” He maintains that Malaysia is still the developer’s preferred choice for property development and investment. “Personally, I feel Malaysia is a property haven. If the government promotes our market, the economy is good, our country is politically stable and our streets are safe, foreign investors will come. “For instance, Japanese investors are already coming into our market. This is due to the properties in Malaysia being reasonably priced and the market being stable. Our property prices rise 10% a year and with improvements in our infrastructure, Malaysia can market its properties to selected countries like South Korea, Japan and Hong Kong.” With this in mind, the developer is keen on joint ventures with foreign investors to develop projects in the Klang Valley. This article appeared in City & Country, the property pullout of The Edge Malaysia, Issue 923, Aug 13-19, 2012 |
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Oct 20 2012, 02:45 PM
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5,580 posts Joined: Jan 2005 |
any update from buyers? seems 90% sold but still not active in this forum ..
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Oct 24 2012, 11:16 PM
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31 posts Joined: Apr 2007 |
anyone here get tandem parking lots?
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Oct 26 2012, 02:17 PM
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2,186 posts Joined: Aug 2005 |
Clearing works has begun and active now... wondering how well it will fare as the nearby The Leafz has been very quiet since few weeks already...
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Oct 26 2012, 02:35 PM
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2,695 posts Joined: May 2007 From: Prison Break |
Wao, some people think it's overpriced and location average only. But still sold out.
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Oct 27 2012, 07:19 AM
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Newbie
4 posts Joined: Oct 2012 |
Well, i bought the 26th floor SOHO unit in Central residence. To be frank, paying premium price for a 2 rooms apartment is a bit scary, with that kind of price , i can own an apartment in Mont Kiara
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Oct 27 2012, 10:53 AM
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7,923 posts Joined: Feb 2007 From: 1 Malaysia |
How much u paid
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Oct 27 2012, 02:08 PM
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Newbie
4 posts Joined: Oct 2012 |
Roughly 450K
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Oct 28 2012, 12:11 PM
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8 posts Joined: Oct 2012 |
ermmmm nowadays....property price become crazy...plzzz open u eyes widely and survey around be4 u buy.........
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Oct 29 2012, 10:53 PM
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Junior Member
31 posts Joined: Apr 2007 |
who else having front-back parking like my unit???
Added on November 3, 2012, 11:11 ami wan to let out my soho unit in level 19th 731 sqft.... 465k before disc, anyone interested pls PM me..... This post has been edited by ahloy84: Nov 3 2012, 11:11 AM |
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Oct 22 2013, 03:47 AM
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234 posts Joined: Sep 2013 |
Wat is the progress of the project? Anyone been to the site or sales office recently?
Does anyone know that whether any bank, hypermarket and convenient shop will be set up in central residence? |
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Oct 29 2013, 11:20 PM
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234 posts Joined: Sep 2013 |
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Mar 6 2014, 08:59 AM
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56 posts Joined: Feb 2014 |
central residence and the court is it the same ?
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Mar 6 2014, 10:51 AM
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510 posts Joined: Jun 2012 |
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May 12 2014, 11:02 PM
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234 posts Joined: Sep 2013 |
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Sep 5 2015, 09:37 AM
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1,184 posts Joined: Jan 2015 |
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Oct 5 2015, 10:10 PM
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107 posts Joined: Jan 2015 |
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Nov 20 2015, 03:32 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur |
Hi all central residence owners, we (some owners) have created FB group and wechat group just for the central residence owners. Please PM if you are the owner and I will add you in. Once you are in, you will get all the important info of your service apartment and advice which are useful for you.
Agents, please don't try to sneak in. Thanks. |
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Dec 16 2015, 11:49 PM
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80 posts Joined: Dec 2015 |
how is the condition of this condo?
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Dec 17 2015, 12:59 AM
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622 posts Joined: Dec 2008 |
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Jan 1 2016, 08:41 PM
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4 posts Joined: Oct 2012 |
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Jan 2 2016, 01:00 AM
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10,387 posts Joined: Dec 2011 |
QUOTE(fcuk9128 @ Jan 1 2016, 08:41 PM) They build a fuckin wall on my car park. What the hell??!! How am i supposed to park my car. Speechless. Omg! Thats terrible that half of ur parking went to the wall ( is that lift lobby ? )I suggest u to lodge the complaint to developer and ask them to give u a solution by providing u another free car park or with compensation. I believe this dev should be able to do so rather than spoilt their reputation. |
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Jan 2 2016, 12:22 PM
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Newbie
4 posts Joined: Oct 2012 |
I lodged a complain this morning. The Management side is trying to grant me another carpark. They said they will sort it out.
I prefer two car park rather than compensation. Luckily i checked the car park beside the defects in the apartment or else........ |
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Jan 2 2016, 04:32 PM
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Senior Member
10,387 posts Joined: Dec 2011 |
QUOTE(fcuk9128 @ Jan 2 2016, 12:22 PM) I lodged a complain this morning. The Management side is trying to grant me another carpark. They said they will sort it out. Ur initial unit is 1 or 2 car parks?I prefer two car park rather than compensation. Luckily i checked the car park beside the defects in the apartment or else........ It seems that 1 car park is facing the problem overbuilt by wall, they should compensate u another car park. The problem is, even if they willing do so, how and what ate the way the going to do. Bcz the current lot is going to be stated into Strata Title and cannot change anymore unless they paid u anotehr lot for free, prob is which lot or might be pick from visitor parking. All the best bro! |
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Jan 10 2016, 01:36 AM
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Newbie
1 posts Joined: Jan 2016 |
Hi , I hve a u it there .
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