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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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cheahcw2003
post Nov 3 2012, 01:29 PM

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I checked online, seems very useful, the cheapest unit still available, pool view 8th floor, 1426 sqft, type 3A, after 8% rebate, net price is 763k or RM535 psf.
cheahcw2003
post Nov 3 2012, 07:06 PM

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QUOTE(1282009 @ Nov 3 2012, 06:36 PM)
I wonder what is the pink color in the sales chart, online booking? 12 units booked.
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Possible. There is no explanation why pink?
cheahcw2003
post Nov 4 2012, 05:40 PM

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QUOTE(kenji1903 @ Nov 4 2012, 03:16 PM)
so many phases leh... nice greenery though... location aside... i think Windows on the Park's unit's layout has an edge over this one... both focusing on greenery...
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Window on the park also has 21 acres of green?
For DF they have jungle tracks, natural hot spring, camp sites, fruits orchards, and all other forest facilities.
cheahcw2003
post Nov 4 2012, 05:50 PM

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QUOTE(Seremban_Guy123 @ Nov 4 2012, 05:47 PM)
I have answered your survey question, any gift to me or not?
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U r qualified for the lucky draw. Thanks again.
cheahcw2003
post Nov 4 2012, 08:39 PM

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QUOTE(kenji1903 @ Nov 4 2012, 07:57 PM)
nope... but DF's green is managed by a another company...
it's pretty dodgy that that company allows DF's residence to use the forest facilities for free forever...

but i do seriously like these kind of forest concept, very refreshing smile.gif
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Another company? Not that i know of.
i just informed that LnG will managed the land until the phase 4 is handovered, which will take 10 years time, i.e. 2022. Therafter will be managed by DBKL or MPPJ.
cheahcw2003
post Nov 4 2012, 08:51 PM

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QUOTE(CMW123 @ Nov 4 2012, 08:44 PM)
Curious, before handover to DBKL/MPPJ, will L&G pay for the maintenance of the forest facilities or the maintenance account of the JMB need to fund the payment?

How would L&G "construct" the forest facilities in phases?
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From my last conversation with Sales, L&G will fully in charge of the 21 acres green and maintain it, as the land is not part of our S&P and not stated in DMC that we need to pay the maintainance for that.

Apparently, L&G has good reasons to maintain the forest well, at least for the 1st 10 years in order to move the sales of the following phases.
cheahcw2003
post Nov 5 2012, 02:02 PM

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QUOTE(CMW123 @ Nov 5 2012, 12:48 PM)
As of now per ehomes, 92 units booked out of 233 = 39.5%

Think that the ehomes created the new creativity and talking point to booest some new sales...
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Well done, if this turned into a success, they might apply this selling strategy to their other projects.
Other developer may follows.

To spur the sales, they shd give additional incentives to those who bought online, freebies like free aircon/other home appliance will help, since the developer already save on the commission paid to their sales staffs.
cheahcw2003
post Nov 5 2012, 02:19 PM

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QUOTE(Malaysian_driver @ Nov 5 2012, 01:03 PM)
It's "better late than never", Steve.  I understand what you're saying but aren't you a little concerned about the cost and the current economic climate?  Anyway, your research results will tell you what drive people to invest in property, won't it?  I agree with fongozic that for own residential purpose, DF is great but as an investment, personally I feel RM800+k is a heart-dropping commitment.  Imagine upon VP, the selling price will be RM900+k to RM1+mil.  Who are the target buyer groups?
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At this stage, it will only attract own stayers.
For earlier purchasers, if they able to sell < 850K after 3 years, still considered a decent profit.
cheahcw2003
post Nov 6 2012, 12:32 PM

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QUOTE(calvinyeap @ Nov 6 2012, 10:03 AM)
Interesting, I guess everyone has their own analysis... In my case for Block A, pool facing is West (sunset) and personally I prefer East (sunrise)... I bought Type D, which is corner unit, so have option of Unit 1 or 7 that faces East... Pool facing got Unit 2 and 8... Personally I don like Unit 2, cause the master bedroom will be facing the other unit directly, so means ur curtains will be closed most of the time and Unit 7 and 8, looks great cause next to forest/hill... however some say, it's very near to the telecommunication tower... So suffice to say i choose unit 1... But on the down side, Unit 1 may be blocked by Phase II, not too sure, looks like it wont la... smile.gif
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I also booked Block A, but i choose lower floor pool facing because
a) even facing west, but the afternoon sun will be blocked by the Block D
b) from the living room can have the iconic view of the swiming pool, wadding pool, skywalk, flooting bridge and the landscape.
c) from the balcony can see the greens, forest on your left
d) cheapest units.

Block A, unit 7 and 8 will have superb forest view, but not so sure it will see the communication tower or not?
Block A, unit 1, i dont think it will blocked by the Phase 2, from the master plan, i think u can see swiming pool and landscaping of Phase 2. because Phase 2 only have 2 blocks and thus lower density. Unit 1 is a good choice too.
cheahcw2003
post Nov 7 2012, 12:00 AM

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QUOTE(Donald Trump @ Nov 6 2012, 08:38 PM)
Aiyah 1 big 1 small tower also scare until like no tomorrow...avoiding here avoiding there...tropicana Metropark got MORE THAN 15 TOWERS + SUBSTATION u know not htc....also people laughing all the way cos they manage to buy at 600psf and they felft SO LUCKY!! rclxm9.gif
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Fair enough
The worst developement i have ever seen is Charlis by Sunway @ Sunway Damansara or Kota Damansara. Fronting theTNB main station that supply the electricity to the entire MD, KD, and DP, and also HTC at side.

During the lauching i was hesitating and decided not to buy, and now regretted big time.

cheahcw2003
post Nov 7 2012, 12:34 AM

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QUOTE(stevecheahsw @ Nov 7 2012, 12:19 AM)
Cheahcw 2003, are you DF owner...?
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I am a purchaser.
Not an owner yet until i fully paid the loan...hehe..
cheahcw2003
post Nov 7 2012, 01:11 PM

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QUOTE(brother love @ Nov 7 2012, 07:41 AM)
Its BBB mode even though property so near HTC, TNB, cemetery ...just crazy market...eveerybody thinks easy make money...when economy slumps, its DDD mode
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got tnb main station and cemetrey meh? any prove?
htc is quite far away, closed to Damansara Perdana - Rafflesia side
cheahcw2003
post Nov 7 2012, 05:55 PM

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QUOTE(fongozic @ Nov 7 2012, 05:31 PM)
anyone here with side by side parking instead front back?
it will state in the S&P right?
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Mine is front back.
U will get to know when u sign the SnP.
I heard only the penthse has the luxury to hv side by side car park.
cheahcw2003
post Nov 8 2012, 12:13 PM

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QUOTE(fongozic @ Nov 8 2012, 07:45 AM)
Can't imagine a new married couple how to afford DF , at least both of them total hv 10k salary or parent sponsor Alot?  Unless they choose those mid range condo 500-600k & far from city maybe...
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that was the price when DF was first launched.


Added on November 8, 2012, 12:14 pm
QUOTE(brother love @ Nov 8 2012, 08:03 AM)
Really, exercise caution in today's markets...from the look of it, many agents of even developer staff trolling here, with their own vested interests..dont believe everything u read
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Mind to share who are the agents and developer staffs in this thread?


This post has been edited by cheahcw2003: Nov 8 2012, 12:14 PM
cheahcw2003
post Nov 8 2012, 01:31 PM

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QUOTE(fongozic @ Nov 8 2012, 01:08 PM)
DF can get at 500K in early this jan? i though was 600k+

wooh.. then who bought it really untung and worth..

now cheapest also RM800k+ - 8%
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the earlier price started from RM400 x 1426 sqft = around RM570K excluding the 2% early birds.

If we want to take in the DIBS, free loan legal fees, MOT and etc, free kitchen cabinet, all this freebies, the starting price is actually below RM400psf.

But to be fair, at this stage, investors will not go in.
cheahcw2003
post Nov 8 2012, 02:22 PM

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QUOTE(CMW123 @ Nov 8 2012, 02:08 PM)
Is MOT charges borne by this developer?
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maybe not...cant remember.
cheahcw2003
post Nov 9 2012, 09:32 AM

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QUOTE(Mac Wai @ Nov 9 2012, 07:23 AM)
Hi, bought a unit here recently, like to know anyone from here manage to get a lock in period from the SNP date and not upon full dispersement like our sifu here did. Is PBB one of them?
Although not a intended flipper, I would like to have such flexibility, incase of flipping or windfall. Thanks.
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I get it from Pbb too, they are one of the panel banks with no lock in period.
cheahcw2003
post Nov 9 2012, 11:06 AM

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The construction period is 42 months.
If your lock in period is 36 months (3 years) from the 1st drawdown then shd be able to get it thru.
cheahcw2003
post Nov 11 2012, 08:26 PM

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QUOTE(Malaysian_driver @ Nov 11 2012, 07:28 PM)
Are you going to buy a Mt Kiara unit like you mentioned before?  I suggest you hold on to your guns.  YTL just opened registration for The Fennel at Sentul East.  Estimated price is RM800 psf.  Final price might be similar to DF.  So just be a little bit more patient.  YTL is a reliable developer so it is definitely a worthwhile project to invest in.  Using property jargon, it's a BBB mode for this one!
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What i heard is around RM600-700psf for fennel
cheahcw2003
post Nov 11 2012, 09:37 PM

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QUOTE(JLoh27 @ Nov 11 2012, 09:21 PM)
Thanks for the tip.  I should have done my research before even making a booking.  Teach me a lesson that one cannot be impulsive when buying property.
This is all so new to me...so am gonna take my time to find a place that's really suitable.  Heard MK is has a surplus of condos and prices are falling, lots of people moving out of MK. 
Am seriously considering Li Villas in Section 16 instead.
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As investors, i will agree with u, it is a bit too late to go in.
As own stayer, i believe it is still a good buy, for a unit around RM550psf, facing 21 acres of natural greens with facilities. The one and only in KLV.
Even places like Seri Kembangan, Cyberjaya, or Bkt jalil is selling > RM600psf

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