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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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1282009
post Jan 8 2012, 07:32 PM

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QUOTE(cheahcw2003 @ Jan 8 2012, 07:28 PM)
If you are not geologist/ civil engineer pls dont try to mislead others. What make u think this project will be another Bkt Antarabangsa?
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I think they judge based on the steep slope which I'm also having concerns of previously but I've confident on the developer & believe they will do the necessary. This is proven by the major banks (hsbc/uob/ocbc/mbb/pbb/etc.) who are supporting this project as well smile.gif


1282009
post Jan 8 2012, 08:02 PM

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QUOTE(cheahcw2003 @ Jan 8 2012, 07:58 PM)
the increment of RM50psf from Block A to Block B is too high. They shd increase RM10psf per block gradually.
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Actually I did compare the prices between block A & B (floor with floor & with same unit size, not against unit of upper floor with lower floor of course, that wouldn't be fair). The increase ranges from 25 to 50 psf. U may compare the 2 charts provided (yesterday & today). Yup 10-20 psf increase would be more reasonable. I guess they will consider this when launching block C/D else their sales will gonna be slow down a lot .. unsure.gif



This post has been edited by 1282009: Jan 8 2012, 08:02 PM
1282009
post Jan 8 2012, 10:03 PM

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QUOTE(cheahcw2003 @ Jan 8 2012, 08:35 PM)
If Block B sell higher price than Block A is quite reasonable because:

Block B is North South Orientation, those who pick facing pool will be facing South, those facing North will be facing the green, both side are good, whereas for Block A, those units facing pool are facing the West (afternoon sunlight), those odd numbers that facing Phace 2, will be dusty when Phase 2 under construction.

The reasonable price increase shd be RM10-15.....psf
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Yup agreed on the better facing for block B units, but not so worried about the sunset on block A as it's blocked by future block D especially those on not-so-high floors.


Added on January 8, 2012, 10:05 pm
QUOTE(cheahcw2003 @ Jan 8 2012, 09:30 PM)
i asked the same question to the sales ppl there abt the 21 acres greens maintainance, he told me will be included in DMC, means residence joinly own the 21 acres Greens. But the actual black and whites will only comes in when we see the draft copy of DMC, do residence really owns the 21 acres greens. But the bottom line is LnG will maintain the 21 acres Greens at least until 1 year after all 4 phases are fully developed.

LnG mainataince is RM0.25psf, including the clubhse facilities. If they able to maintain the 21 acres, and execute well i think it will attract more purchasers. Ph 1- Ph 4 developments will need at least 8-10 years to complete, according to their recent KLSE financial reports.
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Good to hear this. Is the 21 acres forest areas/facilities accessible by outsides or just the residents of the 4 phases?



This post has been edited by 1282009: Jan 8 2012, 10:05 PM
1282009
post Jan 10 2012, 12:52 PM

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QUOTE(cheahcw2003 @ Jan 10 2012, 09:59 AM)
U don't hv to trust me on this, u can double confirm with any 6 panel bankers. In fact, 3 years lock in from snp dates are not a big deal. I hv got some mortgage loan approved without any lock in period.


Added on January 10, 2012, 10:02 am

mine is around rm406psf nett to be exact.
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Yup just checked with another panel bank. The lock in period starts as soon as first loan disbursement is made by bank. So project might not have taken VP yet even after 3 yrs lock-in period.


Added on January 10, 2012, 12:53 pm
QUOTE(cheahcw2003 @ Jan 10 2012, 12:30 PM)
around RM50psf
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Some are cheaper around 25-30psf difference.



This post has been edited by 1282009: Jan 10 2012, 12:53 PM
1282009
post Jan 10 2012, 05:53 PM

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QUOTE(jalong @ Jan 10 2012, 05:22 PM)
See my advertisement below, urgently want to transfer my current unit because I want to buy another unit.

Please read my Ads then call me.
Damansara Foresta - MyOLX

Price: RM761k (before 10% discount)
Area: 1493sqft

First come first served.
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Which floor, facing pool/forest or h/way?


1282009
post Jan 10 2012, 07:51 PM

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QUOTE(cheahcw2003 @ Jan 10 2012, 07:10 PM)
Reputable developers like spsetia, Mahsing, ijm do not allow change name prior to signing snp. The only exception is among family members, and yet need to prove by birth cert/ marriage certificate.

LNG launch this project at tough time, economy slowdown, banks tightening, so they afraid slow down in demand so they try to be flexible.
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But if u read up clause "d" in back page of the sales form, no transfer is allowed before signing of SNP & also unless written approval is provided by the developer.


1282009
post Jan 10 2012, 10:49 PM

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QUOTE(twincharger07 @ Jan 10 2012, 10:46 PM)
batu 3 wor... seriuosly comparing batu 3?
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Where's batu 3? Near Shah Alam stadium?


1282009
post Jan 11 2012, 10:01 PM

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QUOTE(sunnyK @ Jan 11 2012, 07:08 PM)
if that is the case , then the approval body should be DBKL
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Any difference if it's KL or PJ?


Added on January 11, 2012, 10:03 pm
QUOTE(cheahcw2003 @ Jan 11 2012, 11:03 AM)
well, u guys have the wrong focus on the prop investment, instead of looking at the big picture, u trying to "pick the bones from the egg". In business world, verbal commitment is also has legal implications. If the sales told 100 ppl can change names prior to snp, then it will hv the legal implications. Similarly on the banker's side.

I am a genuine investors, I will not change name and sell my units for some kopi money (due to personal ethics), i hv also decided to hold it till completion. So if the completion period is 42 months as promised, it will not bother me as genuine investor if the lock in period counted fr snp or 1st drawdown.

When other forumers raised the questions abt change names and lock in period, I just shared what I hv heard in the showroom. If u hv suspiciuos u shd reconfirm it thru the correct channel but not to create a drama here. I choose to believe what I hv heard.


Added on January 11, 2012, 11:10 am

kochin asked my opinion abt this project. If u read my previous posting, my opinion covers both advantages and disadvantages. It is up to u to interpret. If u think u hv better idea u can share with us. I m not a sales so your accuse of 卖花赞花香 is not appropriate.


Added on January 11, 2012, 11:26 am

I just set my target based on the psf. If I were to sell at RM560psf upon completion, then I would be able to sell it at 800k. I can't tell u whom will be my potential purchasers, but based on my investment of similar value prop, I had sold to:-
a) a fresh grad, father mother pay deposit and become the loan guarantor
b) a newly married couple with double income
c) a Malaysian who worked in overseas and came back for good and looking for a place to stay
d) retirees couple

The above were my personal experience.
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Agreed! nod.gif


Added on January 11, 2012, 10:05 pm
QUOTE(eddychstu @ Jan 11 2012, 02:46 PM)
^ very rare chance for block C, even block B there is no more below 600k after discount, cheapest from 710k onwards before the 10%.
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Cheapest should be 800k now for block B (before 10% disc).


Added on January 11, 2012, 10:05 pm
QUOTE(juinnchin @ Jan 11 2012, 03:14 PM)
Dont think they will open up Block C within this week....
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Yup, otherwise it will be a long break next weekend due to CNY.


Added on January 11, 2012, 10:25 pm
QUOTE(ahken100 @ Jan 11 2012, 02:35 PM)
Guys, how the Block B status? Got reach up to 90% sold? I wonder know, when the block C to be launch and what the best price from 8th to 10th floor? Possible can get it below 600K after discount for the unit let say type A or B?

Otherwise waiting those booking loan rejected then another buyer is a chance for Block A & B.
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I asked the agent what if I cancel my booking due to loan not approved. He said the unit will be released to public but will follow the price of the currently opening block. So do not expect the price of block A or B for those units with loan rejection.



This post has been edited by 1282009: Jan 11 2012, 10:25 PM
1282009
post Jan 12 2012, 11:47 PM

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Why there are only 7 units on 17th floor in each block? Any idea the space for the extra unit is for what purpose?

Is the sliding glass door separating the kitchen & dining room part of the layout or just for the show unit?



This post has been edited by 1282009: Jan 12 2012, 11:51 PM
1282009
post Jan 13 2012, 09:36 PM

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QUOTE(cheahcw2003 @ Jan 13 2012, 01:44 AM)
17th floor got water pump.
The sliding door in the showroom is just ID, not included.
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OIC, thanks. It would be so good if the glass sliding door is included. Hehehe.


Added on January 13, 2012, 9:37 pm
QUOTE(cheahcw2003 @ Jan 13 2012, 08:18 PM)
they shd rather sell it slow and steady.
If u notice the masterplan, the phase 2 only has 2 blocks.
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Yup, agreed!



This post has been edited by 1282009: Jan 13 2012, 09:37 PM
1282009
post Jan 14 2012, 10:58 AM

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QUOTE(Seremban_Guy123 @ Jan 14 2012, 10:54 AM)
I agree. May be they will launch studio or 900++ sqft
unit at Block C. rclxms.gif
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I doubt so la. They did reduce the smallest unit size to 1395 sqf in block B from smallest of 1426 in block A. They might just reduce a little bit further to 12xx as the condo concept is for family living but still keeping the same price as 1395/1426 so its indirectly increasing psf, just my wild guess wink.gif


1282009
post Jan 14 2012, 11:15 AM

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QUOTE(Seremban_Guy123 @ Jan 14 2012, 11:02 AM)
What is the latest psft like? another new high?  flex.gif
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No idea on block C at all.. block B just saw increased of 20-50 psf.

Anyone has more photos for sharing?



This post has been edited by 1282009: Jan 14 2012, 11:16 AM
1282009
post Jan 14 2012, 06:42 PM

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How's the sales going on? Block C opened? Anyone went to the sales gallery today?


1282009
post Jan 15 2012, 07:32 PM

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Very informative update indeed.


1282009
post Jan 15 2012, 08:18 PM

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Any satellite view of the hill at current stage?


1282009
post Jan 17 2012, 01:41 AM

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QUOTE(cheahcw2003 @ Jan 16 2012, 11:11 AM)
Updated this morning.
Block B left 18 units (All are higher floor and Sri Dsara facing, pool/forest facing all sold out).
SnP for Block A + B can be signed anytime from now, dateline given till this month end.

Block C will only opened next month, most likely developer want to make sure all Block A + B fully taken up (confirmed with S&P signed).
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"SnP for Block A + B can be signed anytime from now, dateline given till this month end."

So fast signing??? Will they call us or send us letter individually for the signing?


1282009
post Jan 19 2012, 01:02 AM

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I called LNG yday. The SNP signing for block A/B will only be in Feb rclxms.gif


Added on January 19, 2012, 1:07 am
QUOTE(calvinyeap @ Jan 18 2012, 10:14 PM)
There's more pictures here...
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Thanks for sharing. Good nice photos there!!



This post has been edited by 1282009: Jan 19 2012, 01:07 AM
1282009
post Jan 20 2012, 11:48 PM

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QUOTE(hbgoh57 @ Jan 20 2012, 11:40 PM)
ma* bank already pullout from the project...no longer can apply from them
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Are you sure? What's the reason, quota full?


1282009
post Jan 20 2012, 11:58 PM

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QUOTE(hbgoh57 @ Jan 20 2012, 11:55 PM)
Based on what the staff told me, the bank is putting it on hold because the project doesn't have landslide insurance..dunno how long it will be on hold as the snp need to be signed after CnY.so dun rely on that bank alone
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Ok, good if landslide insurance is included by the condo managment in future, just like for fire. But weird that this is the reason becoz other banks would have the same concern.


1282009
post Jan 21 2012, 12:15 AM

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QUOTE(hbgoh57 @ Jan 21 2012, 12:02 AM)
Well do you think the developer will get the insurance just because one bank pulled out?there are 5 other banks who is still supporting the project
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I'm just hoping they will.



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