Oct 13 2015, 01:26 AM
QUOTE(Longshot @ Sep 12 2015, 11:43 AM)
Don't agree.
Been there several times (i mean inside the building and units) over the last 6 months and the occupancy is slowly picking up.
Spoke to a nice elderly couple who is staying there and this is their retirement home.
According to them, people are starting to move in but at a slow rate.
During long wekends, there are some families who come and stay to use the swimming pool and facilities.
The pool can get quite crowded especially during school holidays.
Yes, the occupancy rate is still low but is picking up.
Also note that VP was handed out in late Feb. but most owners only took their keys in late March or early April due to some delay from the banks to release the final sum.
Investors are slowly letting go their units and it takes about 3 to 4 months before the purchaser can get hold of the keys. Then another month of two before moving in.
Overall it is doing quite well.
Not at a high pace but more on a slow and steady pace.
Location is not that bad and the perception of Sri Muda has improved.
I've colleagues who stay there for many years and they are fine with it except for the flooding. Which is also rare nowdays but it can still happen.
Btw, there are no unfurnished units.
Only semi furnished or fully furnished.
Hi. May I know how much is the maintenance fees + sinking fund in psf?Been there several times (i mean inside the building and units) over the last 6 months and the occupancy is slowly picking up.
Spoke to a nice elderly couple who is staying there and this is their retirement home.
According to them, people are starting to move in but at a slow rate.
During long wekends, there are some families who come and stay to use the swimming pool and facilities.
The pool can get quite crowded especially during school holidays.
Yes, the occupancy rate is still low but is picking up.
Also note that VP was handed out in late Feb. but most owners only took their keys in late March or early April due to some delay from the banks to release the final sum.
Investors are slowly letting go their units and it takes about 3 to 4 months before the purchaser can get hold of the keys. Then another month of two before moving in.
Overall it is doing quite well.
Not at a high pace but more on a slow and steady pace.
Location is not that bad and the perception of Sri Muda has improved.
I've colleagues who stay there for many years and they are fine with it except for the flooding. Which is also rare nowdays but it can still happen.
Btw, there are no unfurnished units.
Only semi furnished or fully furnished.
Since this is a commercial land, is the electric and water rate higher or the developer had convert it to residential rate?
Thanks
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