This is an upmarket freehold condominium there is a unit sell at (RM900 PSF) for sale ...any comment?

Haha... Developer prices it now at1000 psf

the price suits well with the area

For more photos and 3D virtual tour, please visit http://twinsdh.com/

This post has been edited by marcusho: Oct 6 2011, 11:07 PM

Wow, didn't realize there was a thread on Twins @DH. How come such a cold thread? Re-posting myself:

So there's an upcoming MRT interchange station nearby (~800m) and part and parcel of the Damansara City (by Guocoland, Hong Leong subsidiary) ETP. The entire project plans to realize two grade-A office towers, a lifestyle mall, a 5-star hotel including the Twins condos.

Twins condo's are already priced at RM1.1k psf. Anyone see more growth potential once the MRT and DC development matures?

Damansara there, the price should be around there...+- oni

My 2c:

Just to share, recently visited Twins twice (no pun intended) for a feel of the environment. Facilities-wise we have a beautiful swimming pool, wading pool, playground for children (observed it was exposed to traffic noise to an extent), a theatre room (Avatar playing), a "mini library room", common laundry area, and of course, SKY GYM (really a heck of a view).

Observations:
1. Quiet place (in terms of people movement). Besides the guards, I've only seem about 3 expat couples. [Overall occupancy is at ~40%. Figure provided by agent]
2. Tower B maybe prone to construction-related woes. Damansara City being constructed right at the doorstep of the entrance of Twins, Tower B folks may be affected by construction (though I felt it wasn't too noisy, not too dusty either). Another plausible concern is the design of loading bays of DC, may or maynot affect Twins Tower B residents (stench, noise).
3. Walking distance (less than 5 minutes) to the row of shops opposite Menara Millennium: Starbucks, KFC, Pharmacy, Sundry shops.
4. DC construction well under-way. Interesting to see how the inclusion of the lifestyle mall, service apartments, office blocks, hotel + confirmed MRT interchange boosts the immediate area. [Some predict the DC Service Apartments to launch at 1.2k psf, digest with pinch of salt]
5. Latest bank evaluation on Twins@DH is 1044psf. [Thus 90% loan will be at 939.6psf, and one would probably secure a RM720k loan for the Type A 766sqft]
Based on this, if one was eligible for 90% loan with a tenure of 40 years based on type A purchase, the mortgage would be RM3.1k per month. Unsure if a "partially furnished" unit can meet a "break-even" scenario (maintenance fee is RM0.44 psf) for rental play.
6. Assuming an asking rental of 3k/mth targeting expats, they would be spoilt for choice with that budget looking at other "more strategic"/established expat-enclaves (MK or Bangsar)?
7. Speculation-wise, I'm personally optimistic about the overall location/development plans at DH. However, seems like pricing-wise, the price of the future has been built-in the daily cost of today.

Happy hunting~

U can consider dream water as well
I got research here last time

for such price, you can get some of those high-end condos near KLCC area in teh secondary market. Isn't that a more prime area especially for rental market later?

Taiko Sailorman, could you share examples of these secondary markets worth the while for rental play? Of course, I shall duly do some digging on my own, but any pointers in the right direction is much appreciated!

@airline

What did your research on dream water reveal? A hidden gem perhaps?

Low occupancy and poor finishing

i justs saw from iproperty that condos like idaman residence, 1A stonor and my Habitat is asking for 600 plus to 900 plus psf while those high end condos in PJ or subang are also about the same prices.

i am also wondering why? let's share our info as I am looking to buy for investment and rental (not flipping).

Last weekend got open house

Heard still got a number of unsold units after almost 2 years VP, last week open house offer 1 additional carpark n 2 years free maintenance free.

So form your own conclusion

yeah..i just receive a message telling there is preview,12%rebate,free 2 car parks and 2 years free maintenance.

6th floor unit going for 930k neg and that's around 750-800psf.

DH and freehold so what? Can't fight TG la.

Hi,anyone let go their unit.Im interested on the 766sqft unit.Anyone interested to let go can PM me. thanks.

What's the demand of HELP students renting room from Twins?

The real damansara address. Got HELP student rent here meh? 1 studio unit fit 10 students?

What are the reasons why this condo is only 30% occupied despite being 2 years after VP?