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.

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 !

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

Central Residence Soho or Central Residence Courts for sale. ? You saw at mutiara Damansara?

Hi there.

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.

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.

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.....

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

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.

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.

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 !!!!!

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

.
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

Check Yit Tung, on the net, for the Developer address.

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!!

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?

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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

Hei Bru

Tks for update !!

Do you feel the property softening or more robust ! ?

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.

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 ???

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?

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!!!