Today's news report said that only 50% of the units at Ascencia have been sold and that too mostly the smaller units. No wonder they have been sending out sms's like crazy pushing ppl to come and buy. 3 weeks after the launch, i called the office to check on sales and they had the cheek to tell me that 80% sold already. Even their sales chart was updated to reflect that. Typical liars!

Before launch, they said few thousand people register interest. I think nowadays many people will register so that they can chance to look see look see at first preview- kiasu ma...

When it's confirm at Rm1000 psf, all lari kuat kuat and developer made the wrong move based on "wrong" market feedback by setting "ballot", many people did not even bother to visit the showroom...

Ya when i called them in Jan, they kept trying to push me to come to the showroom. In the end, they might get about 90% buyers as there will be some fools out there who are so desperate to invest in anything with the name 'TTDI'. Not many ppl realise that Ascencia is not in TTDI itself. Its opposite TTDI separated by Jalan Damansara and located a distance away from the Pizza Hut entrance. It wont have a TTDI address. But i foresee that Ascencia will be worse than Sinaran in terms of future capital appreciation. At RM 1,000 psf, Naza TTDI is charging current buyers prices in 2015/2016. So when you get VP and try to sell, ull be hard pressed to make profit.

And no way your rental returns are gonna be good. With a starting price of RM 500K for a tiny 1 bedroom 500 sq ft unit, ull need a rental of RM2,500 to get 5.3% gross yield. How many ppl would pay RM 2,500 to rent a tiny 500 sf unit when u can get much better value renting one of the existing condo's in TTDI itself with better ammenities?

How much service apartment???(estimated)
if any different with 3th floor and 30th flr

Is it right next to Sprint highway? That one is oval Damansara..

Haha I guess you didn't know the fact that 70, 80% of the condos in TTDI are either near or have cemetary views.

Surprised?

Ure telling a TTDI resident about TTDI?

Yeah and i suppose all 70-80% of them are priced as crazily?

Haha, well I totally think Ascencia is crazily priced too and its definitely something to avoid. But hey thats all fine and dandy for the other condos. New price point and valuation benchmark (with discount) for all the other condos. You should be happy about it like the rest of TTDI property owners.

This post has been edited by Lcsx: Feb 18 2013, 02:55 PM

Well, i dont think Ascencia would have much effect on TTDI prices since its not even located in TTDI. It may form a basis for comparison talks but i think the 'advantage' ends there.

it was sceptical as said earlier for indicative price of 1000psf
your point, i agree! perhaps this is one of the important factor how property price is climbing rather than spectulating... haha...

Well actually I think it is TTDI coz even Desa Kiara has a TTDI address. It is certainly not Damansara Kim and bears a KL address.

It does give the valuers an option to value other TTDI condos at selling prices rather than below selling prices which is the case for many properties nowadays.

TTDI Ascencia is part of TTDI... c'mon it's in the name...

I think they priced in a huge premium due to the direct MRT link. Like what KL Eco City sales people used to say, when you have MRT - your target market is also people working in KLCC etc. So RM1,000 psf for workers there is sap sap sui.

Thus, no other properties in this Area can match this. Believe this crap?

I booked one unit last year& canceled it after few days.thanx to the advice from the forum.i think it's really overprice. I rather pay 1000 per sq ft for other area.

Did you ballot for it?

U made the correct choice imho. If any person who works in klcc wanna pay that much for rental, might as well rent those that are just walking distance, right? Subsales wise also the same. If wanna buy rm1000 psf, might as well buy near klcc. Can still get at that price. Sales person = stupid. Sorry to say.

So does your comment above apply to TROPICANA gardens phase 2? As just read from that thread that it is going for RM950 to 1k psf

If one sales person is using klcc staff as a target market, then yes. Thats rubbish. I used to work in klcc and i have many foreigners would want to go for klcc props.

Good one.

Condo @ Damansara is hot & sexy!

Lagi best!

Goreng properties like goreng pisang...


This post has been edited by xyyap: Mar 6 2013, 11:20 PM

Glomac Damansara quite a gem. Missed it too.