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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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cheahcw2003
post Jan 17 2013, 01:39 AM

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QUOTE(eddychstu @ Jan 17 2013, 12:09 AM)
Funny people is every where, they lived in fear and worried about world's end.
Reminds me of this friend, sold all his asset and went hiding in Cameron highland believed in the 2012 Armageddon hoax. laugh.gif
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yeah.....
Live in high land afraid of landslide
Live in low land afraid of flood.
Live in not high not low land, then scared of theft and robbery, or hit by thunder.
where else can stay?

cheahcw2003
post Jan 19 2013, 09:51 PM

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QUOTE(1282009 @ Jan 19 2013, 12:26 PM)
The developer is also paying the late interest fees together with the progressive interest. LnG does not seem to mind but I do. So far it does not impact my CCRIS yet.
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Your CCRIS report will score a "0" when u pay on time every month, you will get a "1" for the month that u late for payment. So u need to score as many "0" as possible, it shows good conduct of accounts, and will add value to your future loan applications.
cheahcw2003
post Jan 21 2013, 07:46 PM

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QUOTE(hansc @ Jan 21 2013, 01:53 PM)
guys,

what number u called for the credit control/accounts to check on the interest thingy?
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U can refer to the progressive claim letter from the developer
cheahcw2003
post Feb 4 2013, 06:21 PM

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QUOTE(fongozic @ Feb 4 2013, 12:33 PM)
The pro and cons of this project are:

Pros

1)      Strategically located in damansara address with forest theme, first of its kind in Damansara. The residents will have the exclusive access to the forest facilities until it is officially handovered to MPPJ in year 2022

mean 2022 only open to public? some say like that some say it open to public once VP...

in chinese version : "每单位配有两个泊车位,及无数的访客泊车单位,以方便访客到访。" - each unit come with 2 parking and alot visitor parking... "alot?" dekat mana? maybe one of the floor as visitor parking?
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Seems the blogger has answered your question in the blog.

cheahcw2003
post Feb 4 2013, 08:00 PM

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QUOTE(TokyoBoy @ Feb 4 2013, 11:33 AM)
DF review
http://tcsspropertycafe.com/damansara-fore...anguage-review/
and chinese version

http://tcsspropertycafe.com/damansara-fore...af%84%e8%ae%ba/

too bad the entry price is not so friendly .. from 1400sf.. more to family oriented
and 11 blocks seems like quite congested in this Taman Negara  smile.gif
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Entry price expensive meh? from beggining RM400psf to now RM550psf.
Now Siber tak berjaya already selling at this price.

DF's 11 blocks in 42 acres of land are to be built in 10 years time, compared to CBJ's Hyre's 700++units in 5 acres land only. So which one is more congested?

cheahcw2003
post Feb 6 2013, 12:07 AM

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QUOTE(CMW123 @ Feb 5 2013, 09:28 PM)
Should be 12 blocks n not 11 wor...
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yes u r right, 4+2+3+3 = 12
cheahcw2003
post Feb 16 2013, 02:56 AM

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QUOTE(WaveW @ Feb 16 2013, 01:10 AM)
Zefer hill build near the slope. Which one more dangerous?
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On and off u hv those so called physicians come and share their fear. Just ignore!!
cheahcw2003
post Feb 16 2013, 09:03 PM

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QUOTE(Malaysian_driver @ Feb 16 2013, 01:16 PM)
Physicians are doctors.  I am sure you meant physicists, don't you?
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Oh yeah. Thanks.
cheahcw2003
post Feb 19 2013, 11:45 AM

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Rehda is fighting to remove the bumi quota for all development except for property below RM500k.

From my understanding, when the developer ask the land office to release the bumi quota, the difference sums of bumi discount need to pay to land office, then developer will add the cost to the released bumi units and applies it on non bumi purchasers.
cheahcw2003
post Feb 20 2013, 05:48 PM

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QUOTE(siakap5 @ Feb 19 2013, 10:12 PM)
Bro ; too early for conclusion? you mean should wait for the final chapter ? or when it becomes history !    This is not to guess whether the price up up or down down la.  Very obvious a very sore investment. We talk abt lives bro.......... too early for conclusion .....u must be joking bro.
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it is too early to conclude it is a sore investment.
Or u feel sore for didnt invest it in time?
cheahcw2003
post Feb 21 2013, 12:29 PM

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QUOTE(AMINT @ Feb 20 2013, 11:20 PM)
Just curious, Highland Towers was also not built on a slope but behind it has slope, right? Is the an underground water near DF? Many cases got like Alam Damai, Bandar Puteri etc. Some are safe, some are not so. This is Malaysia. Ridiculous unsafe building/wall/area can even be erected/implemented and shit happened from MCT (putra heights), Taman Setiawangsa (I&P), Sime Darby (Ara Damansara). When shit happens, kecoh a bit. Then after that developer, city council curi2 lari tanggungjawab and everybody forgets. Hopefully DF doesnt suffer from same situation
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Let's give a litle bit of different thoughts.

Most of projects mentioned are different from Dsara Foresta as most of the mentioned projects are one off type, and not a township development.
The developer, Land and General is the maiden developer in Bandar Sri Damansara, which cover > 90% of the development in this township. So their company's reputation carried wth this township development.

Not to mention DF itself is a 10 years project, if they have problems on the construction of phase 1, how are they going to sell the subsequent phases 2-4? Plus they still have some undeveloped lands in BSD.

Good that u r in O&G industry, and at least you can give some valid inputs, unlike somes just shoot in the air.
cheahcw2003
post Feb 22 2013, 02:00 PM

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QUOTE(siakap5 @ Feb 22 2013, 10:43 AM)
bro , is normal to feel sore if you miss some opportunity . Very normal BUTTTTTTTT Not for this Project !
Life cannot compare with monetary return . 
So bro .... pls clear your mind to differentiate Life@safety NOT Equal to $$$$$$$$Thanks bro . brows.gif
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I still did not see your constructive and analysis to justify it is a sore investment as u claim.

cheahcw2003
post Feb 23 2013, 12:39 PM

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the phas 1 seems left only around 15% unsold.
If they were to launch the phase 2 with all duplex units or with LOFT concept overlooking the resrved forest, i am keen too.
cheahcw2003
post Feb 23 2013, 11:52 PM

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Thanks 661188, more pics for LOFT
user posted image
user posted image
user posted image
user posted image

cheahcw2003
post Mar 4 2013, 11:17 PM

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The below is captured from the Ho Chin Soon's book titled " Penang Island Golden Triangle", Page 65.

"The new guideline classifies all existing slopes into 4 classes according to their level of risk and impose different requirement ensuring safety to the authority. A summary of the different classes of slopes is shown in the following table

Class 1 - Slope Gradient (less than 15 degree), Risk - Very Low
Class 2 - SG (between 15-25 degree), Risk - Low
Class 3 - SG (between 25-35 degree), Risk - Medium
Class 4 - SG (> 35 degree), Risk - High

Class 1 slopes are those slopes with a gentle gradient of less than 15 degrees and as such have very low risk of failure, thus minimal control is required and no special engineering review of developent is required.

Class 2 sloper is steeper, so nominal control for development of Class 2 land is required. A developer need ro submit a Geotchnical Design Report to be prepared Professional Engineer (must registered with Board of Engineer Malaysia) with sufficient geotechnical and soil mechanic expereince to access all the stability of the development land, and the immediate surronding area. He/She must have at least 3 years experience with at least 1 year experience gained in Malaysia.

The above requirement is verified by Prof. Dr Gue See Sew and Ir. Jack Pan.

DF is only built on Class 1 + 2 land, so u make your own judgement.
cheahcw2003
post Mar 6 2013, 06:08 AM

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QUOTE(fongozic @ Mar 5 2013, 05:44 PM)
oh~ slope issue again... endless debate...
but thanks for the info.. low risk still have risk.. but no 100%
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Just share the view as someone somehow sometime will raise the same issue and attack, so need expert clarification and explanation to clear the air.
cheahcw2003
post Mar 9 2013, 10:25 PM

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QUOTE(GangHo @ Mar 9 2013, 08:30 AM)
If we were to compare one 11th storeys single block, without podium, 3 levels U/G car park with
One 35 storeys 4 blocks high rise with integrated podium, multiple lift cores and multilevel car parks; the duration committed to complete the project is almost the same.
Therefore, the latter needs to rush to complete the project.
moreover, in residential development the faster the buildings complete the faster the money will go into developer's account.
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Mayland has the habit of late delivery and not paying the LAD (late interest), hope this time when using LnG's name to sell things will get better.
Land works has started 9 months b4 the Block A launching, and they able to get land office to increase the construction time to 42 months, so hope this time they could deliver on time. Otherwise they need to pay interest to the banks, since under DIBS.

cheahcw2003
post Mar 14 2013, 08:55 PM

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QUOTE(Poodlepaddly @ Mar 14 2013, 08:32 PM)
What is the rough average price psf in Damansara Foresta? Below 1.1k?
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half of 1.1k, u can get it from 550psf after discount.
cheahcw2003
post Mar 14 2013, 10:11 PM

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QUOTE(seanooi880327 @ Mar 14 2013, 09:40 PM)
Whats the price and package now?
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2% booking fee and signed SPA, 8% rebate in the form of credit note.
DIBS pay nothing till VP.
Both Loan and S&P legal fees are paid by developer if u take the loan under their panel banks (PBB, HLB, UOB, OCBC, Citibank, CIMB, HSBC, MBSB, Standchart, Ambank, Alliance. Maybank was once in the panel, then withdrawn, then heard they joint back again). MBSB still give 90% loan for 3rd property.



cheahcw2003
post Mar 17 2013, 03:24 PM

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QUOTE(CMW123 @ Mar 17 2013, 03:01 PM)
Passed by site, looks like block A level 8, 9, 10, the structure is up so if the architect certified that, the purchasers will get their next billing

By the way, the altivo at DA looks nice n should be VP soon
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so fast? mine is 9-10th floor, need to pay next 10% soon...

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