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Investment Bayu @ Pandan Jaya, Condo behind Pandan Jaya LRT Station!

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mmnr00
post Aug 1 2012, 12:54 PM

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Nobody here got block A? I'm looking to to buy one unit there...
mmnr00
post Aug 4 2012, 12:37 PM

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Hi all,


I just pay the booking fee for this apartment and now hunting for loan. There are some banks which provides DIBS and some dont's. If no DIBS, the developer will give 4% discount some more.

Do u guys think taking no DIBS is worth it with the 4% rebate? TQ
mmnr00
post Aug 4 2012, 01:02 PM

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QUOTE(nookie188 @ Aug 4 2012, 12:57 PM)
you managed to get a unit in which block?

if you go for their panel bank, for sure can get DIBS..
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Blok A, block c is all expensive one only left, blok b already sold out.

Yes, can get DIBS if i go to AMBANK, UOB or CIMB. But my question is whether it is better to take no DIBS with 4% rebate rather than DIBS. I can choose now because I just receive the offer letter from a few banks. TQ

mmnr00
post Aug 18 2012, 12:03 AM

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Is this property still a worth buy by factoring in the sewerage nearby, price and the area surrounding. Tq
mmnr00
post Aug 19 2012, 12:37 AM

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QUOTE(PROPERTYMATE @ Aug 18 2012, 09:12 PM)
hi mate, there is less perfect property...if it can score at least 6-7 out of 10 then it's considered ok
if u wan perfect property...the price is damn sure perfect too...
my 2 think
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So u are saying that bayu price is not high enough to be a perfect property? Sorry i dont quite get what ur saying


Added on August 19, 2012, 12:39 am
QUOTE(PROPERTYMATE @ Aug 18 2012, 09:12 PM)
hi mate, there is less perfect property...if it can score at least 6-7 out of 10 then it's considered ok
if u wan perfect property...the price is damn sure perfect too...
my 2 think
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Sorry i dont quite get what ur saying, but is the price is not high/low enough for it to be a perfect property?

This post has been edited by mmnr00: Aug 19 2012, 12:39 AM
mmnr00
post Aug 19 2012, 06:02 PM

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QUOTE(PROPERTYMATE @ Aug 19 2012, 05:34 PM)
wat i mean is bayu also got weakness as many members say here such as nearby environment is lowcost flats.
so it depends on individual preferences...for me, i am more into location from city center and LRT/MRT transportation becauase i am looking for rental based property
got it? cool2.gif
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Yes, i got your point now and my preference is same as yours. But do u think the weakness is justified with the price? Tq
mmnr00
post Aug 19 2012, 10:13 PM

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QUOTE(PROPERTYMATE @ Aug 19 2012, 09:13 PM)
we dunno whether it can justified by the price or not until it's built.
but i can share some pros and cons of bayu here with you:
pros:
1. LRT is just doorsteps. One of the nearest to the LRT if compared with other similar projects.
2. Within 5km from KL center. This plays a major point to grant u to rent to expats that go through kl.
3. Velocity and Ikea. Both projects has been comfirm and play a major role to refurbish the whole pandan/cheras area. Will benefit Bayu because it's so near to them.
4. Low density. I think you cannot tell me on the spot, which project that can match low density of Bayu at only 280 units. Other LRT similar Condo projects such as bukit jalil already exceed 5000 units. For me, i feel low density means low competition because you will get better price upon VP.
5. Dibs. You won't need to pay for the interest during construction.
6. 2 carparks.
7. KLIFD. just merely 2-3km. can target those who works there for rental also.

cons:
1. surrounding looks wear down because surrounded by old flats and shoplots.
2. leasehold 99 years.
3. design doesn't look outstanding.
4. nearby sewage pond- Blok A

can u list summore? rclxub.gif
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Just want to add, i think the tenure only left 86 years, and i think u already cover everything on ur post earlier. Mayb somehow good investment looking at the pros.
mmnr00
post Aug 20 2012, 03:33 AM

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QUOTE(PROPERTYMATE @ Aug 19 2012, 10:18 PM)
u mean the developer won't renew it to 99 yrs? cry.gif
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They are applying to renew it, but the result is not out yet
mmnr00
post Aug 21 2012, 04:48 AM

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QUOTE(37 Exposures @ Aug 20 2012, 05:32 PM)
I thought the developer 100% can extent the period?!
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Im not familiar with this, but the salesman said that the company is applying to extend the tenure. If what ur saying above is true, then it is very good. I hav this habit to not believe the salesman 100%. I think most of us are tongue.gif
mmnr00
post Aug 21 2012, 10:46 AM

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QUOTE(Kokwm @ Aug 21 2012, 07:56 AM)
The developer can pay a sum to top up the lease (make it back to 99 years) before they subdivide the master title into individual strata titles and execute Memorandum of Transfer.
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Then i thiink it should be fine. One question about strata title, does any apartment confirm to get strata title?
mmnr00
post Aug 21 2012, 12:44 PM

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QUOTE(37 Exposures @ Aug 21 2012, 11:27 AM)
How many years leave for this project?
What if they didn't extend the period?
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The salesman told me that 86 years left on the lease and the developer is applying for it. Whats the reason for the developer not to extend the lease? Any benefit for them?
mmnr00
post Aug 21 2012, 10:11 PM

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QUOTE(PROPERTYMATE @ Aug 21 2012, 10:03 PM)
Like other leasehold property, its also din state in s&p.
Its jus abt probability. Ok? cool2.gif
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If only probability, we cannot sure that they will extend those tongue.gif
mmnr00
post Aug 29 2012, 04:21 PM

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QUOTE(37 Exposures @ Aug 22 2012, 11:43 AM)
Wahhh...quite risky,right?!  sweat.gif
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Just signed the S&P and can confirm that the lease only left 85 years (expires in 2097). How can we be sure that the developer will extend this? Appreciate anyone comments
mmnr00
post Feb 7 2013, 02:09 PM

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Just to add another strong point for BP:

The BESRAYA Eastern Extension interchange is very near to the apartment (at Jalan Pandan 1 and Jalan Perkasa intersection). Another plus point for its accessibility.
mmnr00
post Jun 19 2014, 02:47 PM

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QUOTE(DJYONG @ Jun 15 2014, 07:58 PM)
the usual million dollar KLCC view is vivid. drool.gif  drool.gif  drool.gif .. with some real low cost flat around its distinction..... pictures tell thousand words.  thumbup.gif  thumbup.gif [attachmentid=4014738]
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what floor is this view?

 

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