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

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Gyokumen_Koushu
post Nov 16 2011, 10:35 AM

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Gonna rebuild Atria from ground up.
Investment - depends.

SOFO = new term. Developer wants to exploit the grey area.
Can you live in your office units? Yes / No = Grey area.
If other office occupant complains, then again subject to management.
Thus always bear in mind, these units aren't meant to sleep in.

Commercial Land = 15% + of utilities bill

This investment is worth the shot!
Gyokumen_Koushu
post Nov 22 2011, 11:35 PM

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Sold out in 1 day.
True.

From 545sqft | 678sqft | 1103sqft | 1237sqft | Freehold

• Interest FREE during construction (DIBS).
• FREE Legal fee & Disbursement on Sale & Purchase Agreement.
• FREE Legal fee & Disbursement on Loan Agreement.
• FREE stamp duty on Loan Agreement.

Derrick here got 40 units in atria sofo.
Selling fast....

Derrick selling:
@ developer price
@ +5k rebate
@ +0.5% discount
@ this derrick can be reached @ 012 9443 953

This post has been edited by Gyokumen_Koushu: Nov 25 2011, 10:39 AM
Gyokumen_Koushu
post Nov 23 2011, 04:49 PM

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Kindly beware for people offering you units.
Always ask for these 3 things:

1) booking form directly from developer
2) rebate 5k letter from developer
3) rebate 0.5% letter from developer



This post has been edited by Gyokumen_Koushu: Nov 24 2011, 01:02 PM
Gyokumen_Koushu
post Nov 23 2011, 09:41 PM

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QUOTE
why u all want to let go then?
Yes, there are unscrupulous agents with malicious intent for short term profit.
They eat booking fee, i guessed.


This post has been edited by Gyokumen_Koushu: Nov 24 2011, 01:03 PM
Gyokumen_Koushu
post Nov 23 2011, 10:24 PM

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QUOTE
So if not many buyers take up your offer, your group will go ahead to buy all 3 floors anyway?
There are buyers. Would have invest more, but there are other projects launching fast in dec.
Thus we have to diversified our portfolio.

QUOTE
U buy 3 floors sure get cheaper price boss?

You do you math. Thanks.
Buy from developer @ buy from us = same benefits.
Except that if you buy from developer you are probably in waiting listing waiting for other investors loan get declined.

This post has been edited by Gyokumen_Koushu: Nov 23 2011, 10:26 PM
Gyokumen_Koushu
post Nov 23 2011, 10:46 PM

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Developer discount + rebate + purchase price.
Which will make it roughly 738psf.
From 545sf | 678sf | 1103sf | 1237 sf
From rm 453 800 onwards.

Parking Lot is free for a year.
Subsequently you have to rent it.

Fast fast math, kindly use 738psf x your preferred layout.

This post has been edited by Gyokumen_Koushu: Nov 30 2011, 04:51 PM
Gyokumen_Koushu
post Nov 24 2011, 09:06 AM

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For those, who come and go saying this and that.
Wah, expensive la.
Wah, sold out already.

Have you even went to the launching?
For those who went, and those who are really interested, but no connection with the developer or whatsoever.
3 possible outcomes:

1. Sold out. True.
2. Waiting list. True.
3. There are f**ked up agents who offer the buyers in waiting list.
These agents want makan rebate from buyers.
Just for these buyers to get a unit, they can hardly even choose units.
Those agents who merely hold 1 units. Where do they get the profit?
Makan under table from buyers. Do your math.

I dunno. My buyers who bought told me that.

I am surprised all my buyers here knew this project better than me!
Because there are "solo agents" who "counter offer" those people on waiting list.
Thus, when i do presentation. We are transparent to our buyers.
They straight open cheque. No questions asked.
These investors know the market even better than me!

This post has been edited by Gyokumen_Koushu: Nov 30 2011, 04:51 PM
Gyokumen_Koushu
post Nov 24 2011, 09:43 AM

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QUOTE(kelvin667 @ Nov 24 2011, 09:33 AM)
it seem like people are getting worried....
*
i got even worried when i receive cheque where those investors don't ask much.
again this why i need to clarify.
these investors know what they are doing.
as most already have some units in block a.
Gyokumen_Koushu
post Nov 24 2011, 11:42 AM

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QUOTE
as long as they don't increase the selling price which i think is fair and square. is all about business, you can do it too.
when can we get along for a drink? i can intro our fellow investors. Some are even below 25yo.

QUOTE
From all the reading, can someone tell me who is buying for his/her own stay? None I guess.

So imagine when all these units completed and 99% is putting up their units for sale/rent.

Doesn't seems a good deal under this project. If you see too many flippers in any project, my adv. is better stay away than regret later when serving the interest for your vacant unit or even worse disposing it at a loss.


Total = 392 units.
lyn here <10 units.
I would say the stats you referring, would not justify this scenario here.



Gyokumen_Koushu
post Nov 25 2011, 12:54 AM

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QUOTE(Kl_property88 @ Nov 24 2011, 06:14 PM)
Those "investor club" makan 10% rebate . Thats why they can sell back to the market with original price. Their profit is 10% of the property price.

I booked 2 units directly from developer, and im going to let go my unit and forfeit my booking fee. Better rugi my booking fee than cannot resell or rent at good price after completion. Never do proper research before place booking!!! Mistake!! vmad.gif
*
I am from "the investor club".
Do not make profit from buyer.
Profit from developer.

1: Do you buy directly from developer? Which agent serving you?
2: Developer do not give rebate of 10%.
3: For those who did booking, are well aware of the admin fees the developer charging for cancellation.
4. Means you sign booking but you do not know the terms and regulations?
5. IF YOU REALLY BOOK OFFICIALLY FROM DEVELOPER, booking fee fully refundable + admin fee (around 1k)

Bottom-line, 3 possibilities:
a) You book under-table, not from developer.
b) You did not do any bookings at all.
c) You are full time investor who buy property like buy vegetables. No need to review sales performa.

Suggestions:
1) Pay admin fees | Faster 7-14 days get back booking.
2) Look for buyers before SPA signing.




Gyokumen_Koushu
post Nov 25 2011, 11:47 PM

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QUOTE(Kl_property88 @ Nov 25 2011, 01:18 PM)
Of course, this is what i found out. Where got ppl buy bulk in the early stage and sell for developer without profit?! Charity kah? In that case, sure a lot of developer need them to do more charity in the future. Hahaha!!!!
*
Kl_property88
GlobalKL

Up until now, these jokers still totally have no clue on what is going on.
It is rather pathetic, really.

Gyokumen_Koushu
post Nov 27 2011, 09:22 PM

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QUOTE
finally the truth is reveal...rebate 10%. 

You made a personal comment on me saying i makan 10%.
Thus i hereby, openly said we do not make profit from buyer.

QUOTE
QUOTE(Kl_property88 @ Nov 25 2011, 01:18 PM)
Of course, this is what i found out. Where got ppl buy bulk in the early stage and sell for developer without profit?! Charity kah? In that case, sure a lot of developer need them to do more charity in the future. Hahaha!!!!
*
Kl_property88
GlobalKL

Up until now, these jokers still totally have no clue on what is going on.
It is rather pathetic, really.


Sorry if i offended anyone.
What i am trying to clarify is that:

Developer do not give 10% rebate or whatsoever.

QUOTE(Kl_property88 @ Nov 25 2011, 01:18 PM)
Those "investor club" makan 10% rebate .
Thats why they can sell back to the market with original price. Their profit is 10% of the property price.


I am being very transparent here. We do no makan "10% rebate".
We gave rebate back to buyer.
Well, again i am sorry i offended anyone, implying that despite the fact i already explained myself clearly giving back full rebate to buyer,
you take me as "other unscrupulous agent who makan 10% rebate".

This post has been edited by Gyokumen_Koushu: Nov 30 2011, 04:49 PM
Gyokumen_Koushu
post Nov 27 2011, 09:36 PM

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Kindly refer to my older posts.
Already upfront being transparent, not hiding anything.
Already clarified clearly that i do not profit from buyer.
We profit from developer.

There are "other unscrupulous agent who makan 10% rebate".
Others who rip of the rebate from developer.

But again not me. Thanks.

This post has been edited by Gyokumen_Koushu: Nov 30 2011, 04:48 PM
Gyokumen_Koushu
post Nov 28 2011, 07:12 PM

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QUOTE
I just re-phase what was said by Kl_property88.
Don't put your words into my mouth!


=.= your are right. You are merely rephrasing.
My bad. Apologized for losing my cool.
And i believe kl_property88 had a typo where he said developer give 10%, whereby he actually meant is 10k. Either way, which we do not take.

Again all i was trying to proof is that, heck i am not the bad apple.
Thanks.

Gyokumen_Koushu
post Dec 2 2011, 12:45 AM

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QUOTE(katijar @ Dec 1 2011, 10:21 AM)
last time, when boom time, just build more....

when down time, abandon project...

but now if abandon project, can get into jail right?
*
HDA is enforced since 2009 for all residential projects.
Where all business owners are require to register to government.
Jail = gimmick.
Fact = these owners paid a certain premium for insurance coverage to government.

Should anything happened to the project (eg: abandoned), government will assign other developer to take over the project via the insurance.
Thus, protecting buyers from becoming victims.

QUOTE
Jail -- is government gimmik oh. Those building this sofo or any other property normally by subsidiary and not owned by the owner...they can use anyone to be a share holder and small paid up company. Therefore still not controlling the situation unless jail the mother company share holder then is good.

True.
Gyokumen_Koushu
post Dec 2 2011, 04:24 PM

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bbb!
And i thought that Altium @ damansara perdana, "is already having exclusive psf" < 830, with msc status....


 

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