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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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cheahcw2003
post Apr 19 2012, 03:10 PM

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QUOTE(CMW123 @ Apr 19 2012, 02:53 PM)
My point is the developer was too "aggresive" and went for too high a jump in price after the BBB response from Block A and B. Now stuck with Block D high floors and not in a position to launch Block C yet to complete phase 1 sale.
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rclxms.gif too greedy, increased too much, and the subsequent sales will get stucked.
Block B was a huge increase from Block A, Block B went for balloting some more.
cheahcw2003
post Apr 21 2012, 09:32 AM

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QUOTE(1282009 @ Apr 21 2012, 12:32 AM)
If not mistaken, all buyers of block A/B should have signed SPA by now.
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Yeah. Not sure if anyone hv got their stamped copy of snp from snp lawyer?
cheahcw2003
post Apr 24 2012, 11:11 PM

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QUOTE(edmondyjh @ Apr 24 2012, 10:38 PM)
i think that one is the damansara foresta advert. rite? correct me if i'm wrong here.
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its different project, location is next to Dsara Flora but access is from Sri Dsara
cheahcw2003
post Apr 25 2012, 09:53 AM

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QUOTE(stevecheahsw @ Apr 25 2012, 12:32 AM)
foresthill Damansara is D'sara perdana project, is a 3 storey terrace , semi - D and bungalow, pricing from 2.8 million, lease hold, entry from damansara perdana P.J trade centre, easy to link the curve and Ikea.
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thanks for the updates. Now i remember my friend told me there was launching few months ago by a smallish developer. But 3 storey terrace 2.8mil. Its a bit too much right? How can it compete with Rafflesia by MK Land and Empire Residence?
cheahcw2003
post Apr 28 2012, 08:02 PM

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QUOTE(CMW123 @ Apr 28 2012, 04:01 PM)
Believed that it is not in the S&P. Is it a separate letter? Please advise details Thanks
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The 42 months tenor is in the snp. The lawyer highlighted to me when I sign it.
cheahcw2003
post Apr 29 2012, 01:16 AM

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QUOTE(1282009 @ Apr 28 2012, 10:51 PM)
DIBS convering 42 months period is not mentioned in the SPA. Correct me if I'm wrong.
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Yeah. It did not mention abt DIBS but did mention construction takes 42 months.
cheahcw2003
post May 16 2012, 01:17 PM

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QUOTE(eddychstu @ May 16 2012, 12:34 PM)
Just done S&P, the car park is only by assign? any chance of selecting?
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it is pre-assigned
cheahcw2003
post May 16 2012, 02:38 PM

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QUOTE(eddychstu @ May 16 2012, 01:31 PM)
^ how many floor of parking in total actually? mine at 4th


Added on May 16, 2012, 1:50 pmOk found the answer, 6 floors in total tongue.gif
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my car park is on 6th floor most probably my units are at lower floor, the car park entrance is at the ground floor, if u r at 4th floor means your actual units are at the middle floor of the block. so those penthse or higher floor will be at the 1st floor, something like that
cheahcw2003
post May 16 2012, 05:37 PM

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QUOTE(wua2016 @ May 16 2012, 05:01 PM)
whats mean by pre-assign ? the car park lot cab be change anytime ?
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the car park lot numbers is assigned in your S&P
cheahcw2003
post May 17 2012, 12:08 PM

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eddy, glad that u posted the carpark map here. I only seen it once when signing the SNP, till now the SNP still pending with the lawyer or developer, non of the forumers here got the duly stamped snp yet
cheahcw2003
post May 23 2012, 10:12 AM

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QUOTE(1282009 @ May 22 2012, 09:29 PM)
If what u said is true, then 7th flr is 6th flr above the roof of the nearby condo which is fine. Yes, block A no. 8 is better since its facing both pool/forest view but it's also facing west. If u think this is not a perfect unit, you can also wait for block C launching?
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Just curious, block A still available?

cheahcw2003
post May 23 2012, 01:46 PM

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QUOTE(Germanium @ May 23 2012, 01:17 PM)
If the economy stands as it is currently, vp price should expect 15-20% increase frm block A price I.e. From avg 750000 increase to 900000

Which do u think is better in resale value for block D?

A) no. 7, 1610 unit low level (facing outside)
B) no. 2, 1450 unit low level (facing inside pool forest)
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direction is very important, For Block D, i will pick the facing inside one (facing east), many ppl can't take the west facing, evening sun.
if for rental income purpose, smaller units easier to rent out. Thanks.

cheahcw2003
post May 25 2012, 11:16 PM

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QUOTE(ericwen @ May 25 2012, 11:09 PM)
is this open for sale from developer or subsale?
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from developer, there are still got 1 block from phase 1 and 3 phases yet to launch.
phase 1, block D still available, limited of block B+A, drop out units still avail, i guess
cheahcw2003
post May 26 2012, 09:59 AM

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Sales update:

Block D left 30 units, price from RM535psf
Todate, no drop outs from Block A+B.
Block C will be launch in July.

This post has been edited by cheahcw2003: May 27 2012, 05:17 PM
cheahcw2003
post May 30 2012, 06:38 PM

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http://www.youtube.com/watch?v=LcYPJ201dLI

A good video that features the development
cheahcw2003
post May 30 2012, 10:10 PM

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QUOTE(661188 @ May 30 2012, 10:07 PM)
Hi, what size for Block C?  icon_question.gif
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shd be the same. Type A (14xx sqft), Type D (16xx sqft), the youtube video has the details of both type
cheahcw2003
post May 31 2012, 12:48 PM

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QUOTE(661188 @ May 30 2012, 10:24 PM)
Sigh, too big la. What's the game plan for investment? Not sure who'd pay such rental @SD...  shocking.gif
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game plan for today, cannt apply for what will happend after 42 months (3.5 years).
This development has quite good mix of own stay and investors.
cheahcw2003
post May 31 2012, 11:12 PM

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QUOTE(humble_tot @ May 31 2012, 10:42 PM)
I love the concept & tempted buy for own stay but worry so high rise on hill, will landslide boh?  icon_question.gif
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-deleted- felt silly answer this question.

This post has been edited by cheahcw2003: May 31 2012, 11:27 PM
cheahcw2003
post Jun 6 2012, 07:24 AM

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QUOTE(lynforum @ Jun 5 2012, 06:30 PM)
TK, is the rental occupancy rate at DPC going well & who are the tenants? Looking at the price for DR we need 4k rental to cover  icon_question.gif
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I m not buying for renting, so I can't answer this for u.
What I m sure is Rustica and Tropika next door has good occupancy rate.
cheahcw2003
post Jun 19 2012, 11:16 PM

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QUOTE(stevecheahsw @ Jun 19 2012, 04:27 PM)
Any body received they s & p  stamping .?
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my last check was the directors will only sign the snp in July.
Buying time maybe?

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