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 You City in Cheras 9th mile by PJDevelopment, Good for investment?

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AskarPerang
post Sep 21 2017, 01:04 AM

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QUOTE(sycubezz @ Aug 2 2017, 03:17 PM)
The mall is gone? Can they just scrap off the idea building a mall just like that when it was clearly stated and shown on their website there will be a mall?

http://www.oskproperty.com.my/property-post/you-city/
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Meaning Phase Three – Upcoming development – Shopping mall & service apartment is no longer in plan or just postpone until our economy turns good again? Because the plot of land is still theirs.
AskarPerang
post Feb 1 2018, 04:01 PM

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QUOTE(brother love @ Nov 30 2017, 10:13 PM)
SoHo launching prices allrdy sky high...suppose to have mall and cancelled?? Welcome to the Wharf Puchog club!! Tats the poblem wit these small.medium dvlopers unlike the big fishes which always kip theit promises
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Welcome to the auction club as well.
1. 1073sqft. Current RP: 591k
2. 817sqft. Current RP: 437k

No idea whether will have bidder or not.
AskarPerang
post Feb 1 2018, 08:06 PM

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deleted

This post has been edited by AskarPerang: Apr 24 2018, 07:46 PM
AskarPerang
post Feb 11 2018, 11:40 AM

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QUOTE(AskarPerang @ Feb 1 2018, 08:06 PM)
1.
VD-22-09, You Vista
RM 591,300
Auction Date : 10-Feb-2018 (Sat)
Built up  : 1,073 sq.ft

Unit layout and floor orientation:
user posted image

2.
VD-33A-08, You Vista
RM 437,400
Auction Date : 09-Feb-2018 (Fri)
Built up  : 817 sq.ft

No info on the layout.
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No taker for VD-22-09
1073sf 3room 2bath, High floor, Freehold
New reserve Price: RM532K
Auction Date: the week after CNY

AskarPerang
post Feb 23 2018, 12:42 PM

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QUOTE(AskarPerang @ Feb 11 2018, 11:40 AM)
No taker for VD-22-09
1073sf 3room 2bath, High floor, Freehold
New reserve Price: RM532K
Auction Date: the week after CNY
*
No taker yet again.

1073sf 3room 2bath, High floor, Freehold
New reserve Price: 🔥🔥RM 479,000🔥
Auction Date: Mac 18


*Bank value RM 700k *

cc: Jagalat
AskarPerang
post Mar 8 2018, 01:06 PM

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QUOTE(AskarPerang @ Feb 1 2018, 08:06 PM)
2.
VD-33A-08, You Vista
RM 437,400
Auction Date : 09-Feb-2018 (Fri)
Built up  : 817 sq.ft

No info on the layout.
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This unit also no taker.
VD-33A-08, You Vista
New reserve price: RM 393,700
Auction Date : 27 Mac 18
Built up : 817 sq.ft

AskarPerang
post Mar 20 2018, 11:45 PM

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Question to all owners / agents selling You City here.

Possible to obtain bank loan? Anyone manages to buy or sell recently?
As got a registrar caveat on the whole entire land currently. Developer owes the government money? Run away from taxes maybe?
AskarPerang
post Apr 5 2018, 02:00 PM

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QUOTE(AskarPerang @ Mar 8 2018, 01:06 PM)
This unit also no taker.
VD-33A-08, You Vista
New reserve price: RM 393,700
Auction Date : 27 Mac 18
Built up  : 817 sq.ft
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No taker yet again. Possible due to whole land caveat issue. I wander how subsale able to transact?
Anyway, price drop another 10%. Updated price below:

VD-33A-08, You Vista
New reserve price: 🔥🔥RM 354,400🔥
Auction Date : 24 Apr 18
Built up : 817 sq.ft
Freehold
AskarPerang
post Apr 5 2018, 02:46 PM

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QUOTE(nbi @ Apr 5 2018, 02:34 PM)
how to remove the registrar caveat works? buy with bank loan or with cash?
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Caveat is on the developer land. Not the unit itself.
So not sure whether bank will still provide bank loan for units at You Residence or You Vista or not.
AskarPerang
post Apr 12 2018, 11:29 AM

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QUOTE(hanhanhan @ Apr 12 2018, 11:20 AM)
» Click to show Spoiler - click again to hide... «


registrar caveat could be due to purchaser obtaining govt loan.

if developer is able to issue a letter to end financier to confirm that the registrar caveats are due to govt loan and it does not affect the EF's interest in the unit they are financing, there shouldn't be an issue for banks to release the loan.
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Caveat is on the developer land. Still under master title.
AskarPerang
post Apr 12 2018, 01:11 PM

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QUOTE(hanhanhan @ Apr 12 2018, 11:40 AM)
» Click to show Spoiler - click again to hide... «


in govt loan for units without strata title, they will enter registrar caveat on the master title.

however we can't be entirely sure if it's due to govt loan - need to check directly with developer.
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Is not under LPPSA government loan.
Is commercial bank loan.

As mention, the caveat is on the developer land. Not on the unit itself. I wander what's the real story behind this.
And how subsale unit able to transact under this situation. Sure not able to obtain any new bank loan like this.
AskarPerang
post Apr 14 2018, 11:11 PM

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AskarPerang
post Apr 24 2018, 07:22 PM

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QUOTE(AskarPerang @ Apr 5 2018, 02:00 PM)
No taker yet again. Possible due to whole land caveat issue. I wander how subsale able to transact?
Anyway, price drop another 10%. Updated price below:

VD-33A-08, You Vista
New reserve price: 🔥🔥RM 354,400🔥
Auction Date : 24 Apr 18
Built up  : 817 sq.ft
Freehold
*
Not surprising no taker again. New price as below. Way cheaper than launching price now. See you in May.
I guess need to use cash to buy since caveat on the developer land.
Subsale transaction also no idea how new buyer obtain bank loan to make the deal.

VD-33A-08, You Vista
New reserve price: 🔥🔥RM 318,960🔥
Auction Date : End of May 18
Built up : 817 sq.ft
Freehold
AskarPerang
post Apr 24 2018, 07:47 PM

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Finally this unit reappear back after a long wait.

VD-22-09, You Vista
🔥🔥RM 478,960🔥
Auction Date : 05-May-2018 (Sat)
Built up : 1,073 sq.ft


» Click to show Spoiler - click again to hide... «
AskarPerang
post Apr 29 2018, 05:46 PM

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The registrar caveat on the land:

user posted image
AskarPerang
post May 6 2018, 01:09 PM

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Cheras ma. Famous for PH.
AskarPerang
post May 7 2018, 10:55 AM

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escanormatthews, after moving from one place to another. Would like to get your reason and view.

1. Why you prefer to rent rather than just buy and get your own house to stay?
Is it because renting is the logical thing to do compare to buying and owning the property?
Such as for example a unit at Icon City buying price 750-780k. But if you rent, is just 2200-2500 monthly rental fully furnish. So is that the reason better to just rent than to pay for an overprice project?

2. Moving from one place to another, you will prefer to rent a partially furnish unit or fully furnish unit?

3. Tenancy agreement will be how long? 1 year? and you will renew if you like the place?

4. Do you have regret not owning a good property maybe 10 years ago and price today already double up?
AskarPerang
post Jun 8 2018, 03:03 PM

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QUOTE(AskarPerang @ Apr 5 2018, 02:00 PM)
No taker yet again. Possible due to whole land caveat issue. I wander how subsale able to transact?
Anyway, price drop another 10%. Updated price below:

VD-33A-08, You Vista
New reserve price: 🔥🔥RM 354,400🔥
Auction Date : 24 Apr 18
Built up  : 817 sq.ft
Freehold
*
No taker yet again. Currently the whole developer land got caveat being placed. Not sure bank will still provide you loan or not.
Anyway, updated price below. All time cheap. drool.gif


VD-33A-08, You Vista
New reserve price: 🔥🔥RM 319,000🔥
Auction Date : 28-Jun-2018 (Thu)
Built up : 817 sq.ft
Freehold
AskarPerang
post Jun 23 2018, 07:35 PM

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QUOTE(Jagalat @ Apr 5 2018, 03:16 PM)
Got layout? Thx
I guess it is a 2R2B unit.....
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QUOTE(CharmaineLee80 @ Jun 8 2018, 03:29 PM)
fuiyoh.. this is dirt cheap. 2 bedrooms ?

why developer land got caveat? can tell more?
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QUOTE(xfree @ Jun 8 2018, 03:50 PM)
Probably due to its floor plan too?
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Is duplex unit. Type E.
Unit located at highest floor.
Top floor is kitchen area and living room. With a toilet.
Downstairs is bedroom and balcony. With another toilet here as well.

Dual entrance. From outside you can either choose to enter at downstair level or upstair level.

Better visualize the layout from this airbnb unit here: https://www.airbnb.com/rooms/20615774

Oh and come with 2 car park slot.
Subsale price at 500k and above.
If you are willing to take the risk, then you are buying at 200k below market value. thumbsup.gif
AskarPerang
post Jun 24 2018, 09:03 PM

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QUOTE(CharmaineLee80 @ Jun 24 2018, 03:57 PM)
if dare to buy, and convert to Airbnb at RM170 - got the capital, and installment advantage.

The Airbnb you provided - guess owner spends quite a bit in designing the unit. With RM170, and calendar availability, it seems that she cant get RM1700 each month ler.
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If airbnb can get 1700 only, better just rent out normally monthly only. why waste the effort.
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