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Investment ATRIA SOFO SUITES @ DAMANSARA JAYA, by OSK Prop Holdings Bhd

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Discord
post Nov 29 2011, 10:41 AM

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Have a unit to pass on due to the fact that I cannot obtain a loan coz of overcommitment.

545 sf, level 12.

Will pass on all discounts and whatever to the intended purchaser.
Will also pay the cost of transfer (around RM1k), which is still way better than losing RM5k booking fee.

I can also be reached at alexchoowh@gmail.com

Let me know if interested, or if you have friends/family who are keen on this unit.

Thanks a bunch, guys!

This post has been edited by Discord: Nov 29 2011, 10:43 AM
Discord
post Nov 30 2011, 12:12 AM

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QUOTE(ManutdGiggs @ Oct 8 2011, 06:44 PM)
Any shop for sale???
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Apparently the retail units are only to be leased.
That way, they can control the tenants, which greatly reduces chances of the mall being a flop.
It will weed out investors, and allow actual tenants only.

Oh on another note, I found out that GSC is one of the anchor tenant.
Another Tropicana City Mall (TCM)? You decide. Let me know your opinions.

As for the pricing, some may argue that it is pricey. Yes, no doubt. But do take into consideration
that this is DIBS. Hence, the pricing now is actually viewed in the future when the project completes.
As a comparison, TCM's current price range is around RM720psf, while Atria's selling price is approx.
RM750psf. There are a few main differences:

1. Atria offers free S&P, while TCM is on your own expense.
2. While Atria is priced at a premium compared to TCM, in 3 years time when Atria completes, do you
still think that TCM will still stay at the same price as now? It should prolly inflate by then, thus making
Atria look more attractive (slightly).


Of course, there are risks to take, like how successful will the mall be? These are just my opinions, pls
feel free to state your arguments, and not shoot me down without a valid reason.


Added on November 30, 2011, 12:21 am
QUOTE(bakacupid @ Nov 30 2011, 12:03 AM)
condo or soho?
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Neither. DJ's residents' association are against OSK building a high rise residential area.
Hence, they came out with the idea of SOFO, which exploits its grey area. It is classified
under commercial, but apparently can be used as residential. It is also designed to be
residential. Like having a pool: How does that relate to office use, I wonder.

By classifying as SOFO, they get a backdoor pass for the building approval, without
any disputes with the residents' association.

This post has been edited by Discord: Nov 30 2011, 12:21 AM
Discord
post Nov 30 2011, 10:12 AM

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QUOTE(kelvin667 @ Nov 30 2011, 09:53 AM)
Not trying to shoot you down blindly, my friend.

First of all, do you know the different between soho and sofo?
I believe you don't, if you does, you will not be stating this here.
You mentioned that it can be used for residential, how sure are you and where you get your fact, SA?
Do you know the exact reason why developer putting the name sofo, sovo rather than soho?

And this has nothing to do with resident association my friend. Just a reminder that if you do not know don't mislead other.

p/s :  It is already a wait and see market now, we can tell the market is quiet now by looking at asking price correction, so what the rush?
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Feel free to explain.
Discord
post Dec 2 2011, 02:46 PM

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QUOTE(airline @ Dec 2 2011, 01:24 AM)
So any anyone bought so far from this sellers online?
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Yeah managed to sell mine yesterday. Passed on all the discounts included.
Demand is still there, no doubt about it. What ppl see here is their own opinion.
If the ppl here see it as good, then go get it. If they think it is a flop, why try
so hard to convince ppl that it is gonna be a flop? I still don't get it.

As to SHC's one, it is the same style according to sources. Gonna have no
car park either.

 

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