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Investment DC RESIDENCY @ DAMANSARA CITY [MRT PROPERTY], Upscale landmark project have started...

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value_investor
post Jul 22 2014, 07:21 PM

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QUOTE(kh8668 @ Oct 12 2012, 07:26 PM)



Added on October 13, 2012, 12:01 amNew detached houses in bangsar and dh an easily cost more than 10mil each
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Got price but no market. Try selling a rm10 mil landed and you will know what I mean.
value_investor
post Jul 23 2014, 06:39 PM

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QUOTE(Babizz @ Jul 23 2014, 10:51 AM)
rubbish pricing for average location. anyone of u'll invested here?
Gonna have major mix development with condo opposite Millenium also By pavillion/malton that will be cheaper than this
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The MRT and Pavilion 2 and Damansara City are all gonna be the catalysts to lift Twins beyond its RM800-RM900 psf prices soon. Based on my observation, property value will increase once shopping mall is completed. Examples, are One Menerung (RM1500 psf) & Tropicana Tropics (RM900 psf). Low occupancy rate of Twins now is due to surrounding MRT and DC constructions.


value_investor
post Jul 23 2014, 06:43 PM

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QUOTE(frozenne @ Jul 22 2014, 07:31 PM)
Niche market is diff with no market.
Proton always easier sell than Ferrari because it is mass market.
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You're right so given the choice, would you own 10 Protons or 1 Ferrari? This is the reason all luxury car companies are owned by passenger car companies, e.g. Fiat owns Ferrari, becoz there is NO market! The owner of RM10 mil bungalow may take few years to sell his RM10 mil bungalow, haha, or bank lelong it at 50%!
value_investor
post Jul 24 2014, 08:28 PM

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QUOTE(Babizz @ Jul 24 2014, 08:16 AM)
The mall near PBD by Malton is NOT pavillion 2 as it's small (GFA of less than 500k only). Pavi 2 is in Bukit Jalil (huge mall)

When DC is complete, one can expect Twins to hit 1k psf.
Twins is not a favorite among expats/residents as it's extremely boring to live there i.e. no entertainment/food around (things will get better when both malls/retails are up).

As for now, I can see more long term value in Twins compared to DC residency which has Ferrari features but is ultimately a Mercedes Benz.
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This new Pavilion can be called anything, most importantly is, Desmond says it is gonna be even bigger than Pavilion in Bukit Bintang. You have no idea how big the land Desmond acquired? Read more here:

http://www.thestar.com.my/Business/Busines...in-Pusat-Banda/

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The conjecture is that with 5.5 million sq ft, Lim may plan towards 2 million sq ft of retail and office space each and leave the remaining 1.5 million sq ft for hotels and serviced apartments and other developments.

If have time, stop by Bangsar Village or BSC, you will realize these smallish malls are extremely popular among the most elite people in Malaysia. I don't know why they like them though.

This post has been edited by value_investor: Jul 24 2014, 08:37 PM
value_investor
post Jul 24 2014, 08:29 PM

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QUOTE(frozenne @ Jul 24 2014, 12:55 PM)
Twin already rm1k psf
No need wait mall
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I recently bought a mid-floor / mid-size condo here for RM900 psf. But look at those big sizes unit at One Menerung already > 1500 psf!
value_investor
post Mar 26 2016, 09:17 PM

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QUOTE(mthc @ Mar 26 2016, 01:53 PM)
Haha u are comparing this DC and Pavi to damen haha.. damen is a fkin joke compared to this damansara heights
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Yes agree, just look at the success of bsc and Bangsar village we can know this mall will likely succeed. This is an affluent neighborhood with many upper middle class.

This post has been edited by value_investor: Mar 26 2016, 09:18 PM
value_investor
post Jan 12 2018, 04:09 PM

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QUOTE(Babizz @ Jan 12 2018, 09:18 AM)
noticed rock bottom rental here. must be doing very bad?
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Which property not doing badly in rental now? Only choice is to rub like airbnb or sublets?

 

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