sofo units are expected to launch at about 750 to 800 psf.

Maybe 3 units per person la. Humble a bit la.

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.

DJ access is no where as good as DU Uptown.

For commercials - u need more entry and exit points. Uptown is exposed from all 4 corners.

Frankly, think the developer is pushing its luck with 750 to 800 psf, indicative pricing.

The ironic thing is - there will b people that BBB.

taikor merce.....well, I'm not really familiar with "SOxes".....I don't own any, chief!

But if u ask my 2 cents....wouldn't the nearest prop class to Atria be Trop Suites at SS2? (granted, sudah completed) Am rusty....berapa lui is a tropics studio? 700 psf?

If yes....I'd rather take my chances on a tropics studio, or parang a 1,100 tropics units vs. the RM 750 psf pricing at this Atria thingy. Tropics anytime more "wong"....plus critical mass & access is there....I underestimated it earlier.....But, this is just my view....I tend to go for places which are "older, completed and not as sex-citing".....

What are your thoughts bro? You think KD and DP have some hidden opportunities?

This post has been edited by Phoeni_142: Nov 3 2011, 09:59 PM

I think Uptown will be priced at 850 to 900 psf, no?

if 750 psf - then yes, think Uptown would be a better bet.

Just to share, originally I was quite "emotional" and wanted to whack this atria sovo thing. I live nearby, and am fairly familiar with the area.

A ttt kor friend allocated a 488 sq ft unit for me. But given the pricing, and low margin of safety, I had to pass. Even with 5% down and DIBS, felt that d opportunity cost is fairly high.

Let's just say I know the area well for certain reasons.

anyway, the issue is not about me liking or not liking it. Yes, u r right - sometimes, it's about trusting your "gut".

for me - the main issue is about the fact that I'm not comfortable with the numbers, and I think the upside is limited. Plus d opportunity costs is on the high side.

itu saja.

I wish the prospective buyers well.

This post has been edited by Phoeni_142: Nov 24 2011, 12:41 AM

Boss...my home is literally 5 minutes away from this Atria thing....and I don't even have the b*lls to buy this thing. Aiyah, no need to elaborate so much about the reason lah....talk about it before dy.

anyway....thanks for picking up my "well" meaning. LOL.

support u on that statement kau kau. kekeke. Landed residentials around the old prime PJ areas should enjoy the spillover effects from these SO*O / SO-whatevers. Like the ss23 area v much. Makes a great addition to a property portfolio.

Chief, it's doesn't matter whether it's called a SOFO or whatever, or whether it is meant as an office play.

One has to ask - what would be true purpose of the investors or ordinary chums that buy into the Atria? Is it really for office use, or will it be used as a residential play?

I'm pretty sure it's the later, and not the former. Then, the next thing u know - it will magically be termed as a commercial residence, and plonked under the HDA as well. That's how your original service residence started by the way.

On that basis, i see nothing wrong with doing cross polination benchmarking vs. other prop types.

well....let's see if the construction boom turns into an inward explosion for these hotshot developers

please lah. Gamuda just occupies one shoplot. No big deal. Office is quiet maciam cemetary. No difference to us residents.

If that's a key anchor tenant we lost......well, I don't see it as a loss at all.

This post has been edited by Phoeni_142: Dec 15 2011, 10:20 AM