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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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ahken100
post Jan 9 2012, 11:08 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 10:54 PM)
that is becoz i got Block A lower floor, RM400psf. If i drop this, i dont think i can get the same price RM400psf product in freehold damansara area.
those who bought 4-5 units are seasonal investors....i guess they know what they are buying into.

All investment comes with risk, like a glass of 50% fill with water, Some ppl see half full, some ppl see half empty. i.e., Some ppl see opportunities, some ppl only see risk.
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Mind to know you are local or kl lang?

If I not mistaken, sri damansara not exactly same class to real Damansara area. Check the map from bangsar, damansara, tmn tun & bdr utama 1st. If i not mistaken, sri damansara last time was many kepong gangs also. But still crowded to chinese.
cheahcw2003
post Jan 9 2012, 11:13 PM

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QUOTE(ahken100 @ Jan 9 2012, 11:08 PM)
Mind to know you are local or kl lang?

If I not mistaken, sri damansara not exactly same class to real Damansara area. Check the map from bangsar, damansara, tmn tun & bdr utama 1st. If i not mistaken, sri damansara last time was many kepong gangs also. But still crowded to chinese.
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Desa Park City was part of Kepong, now is one class higher than surronding Kepong.
Kota Damansara was part of Sungai Buluh, now is higher class than Sungai Buluh.
Eco Park/ Setia Alam was part of Klang, and no man's land, now the place is so expensive and exclusive.

Name is not important, what important is the growth potential

Note: sorry, i am not KL lang. Just know a little bit about KL

This post has been edited by cheahcw2003: Jan 9 2012, 11:19 PM
ManutdGiggs
post Jan 9 2012, 11:13 PM

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QUOTE(ahken100 @ Jan 9 2012, 06:27 PM)
Wa lao er. Are you first time invest buy then sale for short term period?

You realised after 3year you sale rm800k = zero profit or earn small.

Some more there is too high density for you to hard sale rm800k for level base. Unless internally still keep better secure & good maintain.
If you are first time buy, it is worth you keep it, you are lucky if after 3 year ppl think 1mil its small money & easy earned.

But if that economy crisis, you no worry keep it until recovering.
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I think he forgotten bout legal fee n misc. 100k nett is totally out of the pic. Unless he is not getting loan fr bank, then no lock in period gua.
cheahcw2003
post Jan 9 2012, 11:17 PM

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QUOTE(ManutdGiggs @ Jan 9 2012, 11:13 PM)
I think he forgotten bout legal fee n misc. 100k nett is totally out of the pic. Unless he is not getting loan fr bank, then no lock in period gua.
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R u talking about subsales legal fees?
If u use your subsales purchaser's lawyer, abt the legal fee, the most is RM1k only. All DIBS panel banks lock in 3 years from SnP date, and the project will take 42 months to complete, if u sell after completion means already passed the lock in period.

ahken100
post Jan 9 2012, 11:22 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:13 PM)
Desa Park City was part of Kepong, now is one class higher than surronding Kepong.
Kota Damansara was part of Sungai Buluh, now is higher class than Sungai Buluh.
Eco Park/ Setia Alam was part of Klang, and no man's land, now the place is so expensive and exclusive.

Name is not important, what important is the growth potential
*
Maybe, but dont know when will this pirated damansara still going on? Maybe up to the sg.buloh area.

Developer very smart to design in the name. Damansara no registered trademark, everyone can used to be great sign. Just like pirated chan sow lin steamed fish to everyway. biggrin.gif


ManutdGiggs
post Jan 9 2012, 11:24 PM

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QUOTE(ahken100 @ Jan 9 2012, 11:22 PM)
Maybe, but dont know when will this pirated damansara still going on? Maybe up to the sg.buloh area.

Developer very smart to design in the name. Damansara no registered trademark, everyone can used to be great sign. Just like pirated chan sow lin steamed fish to everyway. biggrin.gif
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Haha v oso hav kiara east in Jln Ipoh. Just went there today, manyak different fr real kiara.
cheahcw2003
post Jan 9 2012, 11:24 PM

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QUOTE(ahken100 @ Jan 9 2012, 11:22 PM)
Maybe, but dont know when will this pirated damansara still going on? Maybe up to the sg.buloh area.

Developer very smart to design in the name. Damansara no registered trademark, everyone can used to be great sign. Just like pirated chan sow lin steamed fish to everyway. biggrin.gif
*
Bandar Sri Damansara already 20 years old...too late to call it pirated...


ahken100
post Jan 9 2012, 11:27 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:24 PM)
Bandar Sri Damansara already 20 years old...too late to call it pirated...
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It was pirated since 20 years ago after matured of bdr utama.
ManutdGiggs
post Jan 9 2012, 11:30 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:24 PM)
Bandar Sri Damansara already 20 years old...too late to call it pirated...
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Pirated DVD or pirated LV bags r here for yrs. do v call them ori now. Just curious.
cheahcw2003
post Jan 9 2012, 11:36 PM

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QUOTE(ahken100 @ Jan 9 2012, 11:27 PM)
It was pirated since 20 years ago after matured of bdr utama.
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it is not right to call it pirated, each "damansara development" have its own character. Just happened that they use the same name.

Like you can find many Ah Chong, Ali, Samy, Andy, in the school and classes. It doesnt means that one is pirated the name from others.

We are out of topic here, must stick and back to the project,
zuiko407
post Jan 9 2012, 11:45 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:17 PM)
R u talking about subsales legal fees?
If u use your subsales purchaser's lawyer, abt the legal fee, the most is RM1k only. All DIBS panel banks lock in 3 years from SnP date, and the project will take 42 months to complete, if u sell after completion means already passed the lock in period.
*
U have to make sure the 3 years lock in start from 1st draw down.
ahken100
post Jan 9 2012, 11:46 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:36 PM)
it is not right to call it pirated, each "damansara development" have its own character. Just happened that they use the same name.

Like you can find many Ah Chong, Ali, Samy, Andy, in the school and classes. It doesnt means that one is pirated the name from others. 

We are out of topic here, must stick and back to the project,
*
Yes, sometime we confused the name as given. Just blame the goverment not set this rule like selling clothes protect tm. Dont know in future got another petaling street or not?

Anyway, i like df landscape if success this project in future.
cheahcw2003
post Jan 9 2012, 11:47 PM

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QUOTE(zuiko407 @ Jan 9 2012, 11:45 PM)
U have to make sure the 3 years lock in start from 1st draw down.
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i dont have to make sure, it is the panel bankers that told me 3 years lock in period counted from S&P signing date, not even 1st drawdown.
hbgoh57
post Jan 9 2012, 11:49 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 10:54 PM)
that is becoz i got Block A lower floor, RM400psf. If i drop this, i dont think i can get the same price RM400psf product in freehold damansara area.
those who bought 4-5 units are seasonal investors....i guess they know what they are buying into.

All investment comes with risk, like a glass of 50% fill with water, Some ppl see half full, some ppl see half empty. i.e., Some ppl see opportunities, some ppl only see risk.
*
Wow u manage to get lower unit with 400psf.. wat time were u there? when i was there at noon, the lowest unit was already 17 floor...that also got 3 left. Yours is facing pool or the newer phase?

awdarr
post Jan 9 2012, 11:51 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:47 PM)
i dont have to make sure, it is the panel bankers that told me 3 years lock in period counted from S&P signing date, not even 1st drawdown.
*
Anyone know the date to sign SNP for block A buyers?


Phoeni_142
post Jan 9 2012, 11:52 PM

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for me, this d'sara foresta is a cheap way to acquire an "option" to buy something. If I walk away from the deal, I only pay RM 600 penalty! Dem Cheap! kekekeke

So, I whack Block A, and I sell the rights to the unit to someone else for some duit kopi lor. No offense to anyone - not a Mayland or condo fansi. Not my strategy to utilize my precious credit lines for this project.
cheahcw2003
post Jan 9 2012, 11:52 PM

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QUOTE(awdarr @ Jan 9 2012, 11:51 PM)
Anyone know the date to sign SNP for block A buyers?
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the sales exe said sign after CNY
awdarr
post Jan 10 2012, 12:05 AM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:52 PM)
the sales exe said sign after CNY
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If there's loan approval delay due to unforeseen circumstances, possible they accept delay in signing, eg till mid-March? What is the procedure or penalty requesting for such delay?



This post has been edited by awdarr: Jan 10 2012, 12:06 AM
cheahcw2003
post Jan 10 2012, 12:10 AM

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QUOTE(awdarr @ Jan 10 2012, 12:05 AM)
If there's loan approval delay due to unforeseen circumstances, possible they accept delay in signing, eg till mid-March? What is the procedure or penalty requesting for such delay?
*
i have no experience with LnG, maybe u can ask the sales ppl who sell to you. Usually banks only need 7 days for approval. I think the developer is quiet flexible.
awdarr
post Jan 10 2012, 12:17 AM

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QUOTE(cheahcw2003 @ Jan 10 2012, 12:10 AM)
i have no experience with LnG, maybe u can ask the sales ppl who sell to you. Usually banks only need 7 days for approval. I think the developer is quiet flexible.
*
PMed..



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