yup yup...agreed...better built affordable condos/svc apts and support bijan agenda...affordable home for all...

Lullaby: you could be right but you never really know anyway as we are not the developers. i suppose the genuine interest here is the investors/speculators. The real interest here i really dont know. Dont tell me its called SOHO/FO & the majority of the units are bought for stay?

Nevertheless, im interested for 1 reason only: location

It's been quite some time since I went to Wisma Atria after moving away fm SS2 7-8 years ago until now. How's the situations at that area right now? Last time the place like a bit dead to me, quiet and not many businesses around the premises.

You are right, I'm just saying that these kind of things can be exploited by the developer, not saying that not that all of them did.

Genuine interest here I refer to freelancers / mlm / small biz ppl who genuinely wanna utilize the flexibilities of such set-up.

To me those buying for own stay, maybe the reasons are they dont have much choice in terms of size and location , or simply its
investment cum home stay.

But largely I am thinking that investors / flippers will form the majority of buyers.

Given a choice, I wont go for SOHO, unless there's genuine USP and I cant get a similar product in the vicinity.

Just made a random call. Launching expected to be mid of next month.

According to sales person, roughly 90% of units will be bought for live-in like a studio Lets see if they offer 2 carparks per unit hehe

big taikor .. if this is RM350k .. and Arcoris is RM383k .. which would you go for ..

Norman Foster wor .. plus MK ... !

Really? That's really good news! Can't wait for the launching.

But MK u have banyak competition

As for this one it's a matured township so to speak

If we are talking strictly about the DJ area, I would buy more DSLH around DJ, as the DSLH stands to gain the most from the spillover effects from the SOFO and retai maill. DSLH in DJ is going for approx 520 psf, and has a margin of safety vs. other landed neighbourhoods. Plus, now this SOFO with 750 psf comes along, which presents another margin of safety to the DJ DSLH.

I'll stick with boring and un-exciting areas.

and if i have spare bullets, i'd consider one unit of the SOFO, as the nominal price of 350K doesn't really have much downside risk.

words of wisdom from PJ Property King....kekeke

Guess that the price won't be cheaper compared to Glomac Residence which is about 750psf.

atria area is quiet and cramp area and if the sofo is completed will be more congested. for investment or rental is not a good idea/return whereby the area is not expatriate area and if the price of the sofo is high, the rental will not fetch high not able to cover the loan + maintenance cost due to to the high price bought.

one thing bad about condo is the recurring maintenance,sinking fees monthly. in the long run will not benefit the owner unless the rental is high.

Rent or no rent have to pay the maintenance monthly, indirectly renting a room

nowadays condo where got cheap when purchase new one. rental is low and very competitive. have not included the renovation and furniture & fitting cost yet, another hidden cost.

another problem is the shopping mall, if the management cannot get hyper market like tesco, jusco, carefour / any cinema etc to come in, will be another flop shoppoing mall like ss2 mall, or tropicana city mall.

Parking is another problem at atria area. very limited and congested

This post has been edited by lowyat888: Oct 16 2011, 02:59 PM

Boss de tripicana city mall is quite happening le. Hav u been there boh? SS2 mall is dead la. But dun compare like tis. Last time b4 atria is closed, giant super over there was doin quite well but many other tenants not doin well. Doesn't mean a hyper or super ll guarantee good return. Look at summit with giant, or banting Tesco which closed. Dun c a guarantee of anything like all tis solid example.

This post has been edited by ManutdGiggs: Oct 16 2011, 05:41 PM

Yup, agreed. TC mall is not quiet at all ...

offices in TC is pretty dead.

why dead? they got taikor Dijaya Hq there.. ok wert...

probably too many shopping mall around. the feng shui also not that good in atria. small plot of land and congested.

that area is not expatriate area, and for sure it wont fetch high rental. investment is totally out. nobody/local people would rent for any expensive rental.

giant hyper market is the worst among carrefour or jusco or tecso. tropicana mall is happening bcos of carrefour and the cinema there. people only go there for that, other than that is out. only dijaya offices people go there for dining during lunch/dinner nearby. one word expensive dinning in tropicana, cant afford to daily dine there always. that will be another bottleneck

Doesnt matter its really dead or not. Try figure out how much u need to pay TC for the Advert display at the building frontage facing LDP.

people are now worried about inflation raising as years to come. majority people earning power is low. to live a decent life with married family and children/ education/condo/cars etc will have a rough road ahead.

developers nowadays keep sms/advertising due to alot of units not sold. everyday receive sms asking to go to their show room and buy their units. very HADAP to sell their units. very annoying. eg mah sing icon city etc

OSK PROPERTIES wont be cheap for sure. Buying RM400-600k for a small size condo + other hidden cost furnitures/fitting etc and renting below 2k with fully furnish, its not a good investment around less than 4% or even 3 % return. Put in the $$ in the bank will be much better.

Nowadays alot of condo were not rented out and even bigger units is very difficult to rent out. asking for lower price. in KL golden triangle area renting below 2k only fully furnish. what to expect in not prime area.

This post has been edited by mlpk: Oct 17 2011, 12:20 PM

I heart FM 988 office also there