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Investment THE ROBERTSON @ BUKIT BINTANG, A prestigious project by GamudaLand 2014

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ryan@chua
post Oct 11 2013, 07:22 PM

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Here an unit to sell, North view
15-06 , 538sf type A1 , just above retail tower without blocked view
Let it go at 580k

ryan@chua
post Oct 12 2013, 11:03 PM

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QUOTE(Glcotan @ Oct 12 2013, 11:24 PM)
for 50k it's quite worth
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stamp duty of loan only pay by buyer

50k only??
what i noticed is 80k dff onwards
ryan@chua
post Oct 13 2013, 12:33 AM

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QUOTE(rongfu @ Oct 13 2013, 01:03 AM)
Ya, 80k dff
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50k should be able for you to make a better ID than the original
30k save in ur own pocket rclxms.gif rclxms.gif rclxms.gif
ryan@chua
post Oct 13 2013, 03:25 PM

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QUOTE(Vector88 @ Oct 13 2013, 10:07 AM)
Not really... I think depends on which type... 80k could b for the large unit...
538sf for eg, it is ard additional 100psf for ff. In general, for low floor, 1100 f/f vs 1000 u/f. So furnishing cost is ard 50-60k, i think it is quite reasonable....

Cybermaster kor gave an example earlier

Type C 527sf Level 12 – RM 599,450 (inclusive complete furnishing package & after 5% discount) – Facing North – RM 1137 psf
Type C 538 sf Level 14 – RM 549,000 (bare unit & after 5% discount) – Facing North – RM1020 psf
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Level12 type C view blocked by retail tower and still 599450 after discount. .so it is with some compensation in furniture I think
ryan@chua
post Oct 13 2013, 04:19 PM

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QUOTE(cybermaster98 @ Oct 13 2013, 04:37 PM)
I think from an investment perspective, getting a unit with the furnishing package is not worth it as the package is worth about RM100K and on top of that you get charged interest as its built into the loan. So ure looking at 120K just for the furnishing package. I can get the same furnishing done for about 30K so its a huge mark-up.

But do keep in mind that unlike other developments, the 5% is a discount not a rebate. Your loan is based on the discounted price not the original price. So although u pay less interest in the long run, but your upfront money is higher. This is to do with the valuation of the property obviously. The banks are not valuating at the purchase price.

The units with the best view are those facing North or KLCC/KL Tower. The 2nd best (from an investment perspective) would be the lower floor units on the reverse side with a view of the rooftops of surrounding buildings / Times Square. But its clear than Gamuda Land is priming the market for the launch of the 2nd tower which will have a marked increase due to it projected view of Warisan Merdeka.

Im looking at unit N-25-08 (Type J 689sf) facing Times Square (which isn't great) and the pool. Far from the best unit but its the cheapest available unfurnished unit. It costs RM718,960 (after discount) which brings the price to RM 1043 psf. Only problem is that im only entitled to a 70% loan but im in a JV with a friend. Loan amount is about 500K with RM 2274 per month repayment from 2018 onwards.

Is it worth investing in this unit since we have to come up with about 200K as downpayment (but under deferred payment scheme)?
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Ya. Investment perspective. . Choose the cheapest among all no matter what kind of view or furniture. Somemore I'm so confident that I can make it with same id and same furniture but haha "abit lower quality in materials" where it's not easily be observed to get the same rental yields.

(Lowest entry highest gain)

ryan@chua
post Oct 13 2013, 05:52 PM

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QUOTE(tmc @ Oct 13 2013, 05:35 PM)
With limit choice available .... so do you think it is still worth it to own the smaller built up (5xx sf) unit - same floor as the floor intermediate water tank ? How serious the noise problem is going to be ? Anyone has real life experience on this ?
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u are welcome to stay overnight in marc resid, or idaman resid, or parkview

then u'll know what's so called noise and how's the rental yields overthere.

( unfortunately, my units not same floor as water tank, don't worry ) thumbup.gif thumbup.gif
ryan@chua
post Oct 13 2013, 06:16 PM

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QUOTE(cybermaster98 @ Oct 13 2013, 06:57 PM)
So what are the rental yields there?
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very low rental yield lar 8% only
ryan@chua
post Oct 15 2013, 08:46 AM

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Congrats. .semenyih is another gem can see
ryan@chua
post Oct 15 2013, 09:36 AM

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Any units left over In semenyih??
ryan@chua
post Oct 16 2013, 01:34 AM

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wah,,,,seems like robertZAI is better than velocity, ekocheras, ecocity,
ryan@chua
post Oct 20 2013, 01:42 PM

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Wah....9 seputeh...received many messages from them
Wwwbbb again. HiasSss....
ryan@chua
post Nov 9 2013, 10:56 PM

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Which banks give the best housing loan ?
ryan@chua
post Nov 18 2013, 11:49 PM

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who received letter from solicitor? when can sign snp?
ryan@chua
post Mar 13 2014, 04:19 PM

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Good news ?http://themalaysianreserve.com/main/news/corporate-malaysia/5577-warisan-melaka-works-set-to-begin
ryan@chua
post Mar 20 2014, 09:36 PM

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QUOTE(zicco @ Mar 18 2014, 09:51 AM)
Hi Sifu's,

Just wanna hear your thoughts, Vipod 1300psf (half furnish) or Robertson better for investment?

thx
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Robert kuok better !!! Haha

This post has been edited by ryan@chua: Mar 20 2014, 09:39 PM
ryan@chua
post Mar 21 2014, 03:10 PM

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QUOTE(tikaram @ Mar 21 2014, 02:43 PM)
Tower 3 should price more than 1500psf.

this because warisan merdeka already startef work.
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Then buy the opus nearer to 118 merdeka.
smile.gif
ryan@chua
post Mar 21 2014, 03:47 PM

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QUOTE(puchongite @ Mar 21 2014, 04:43 PM)
What price is that ?

Whatever must be compared against the selling price then only got meaning, right ?!
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1+++sf with 9++psf with 2 car park
6++sf with 1100psf with 1 car park
smile.gif

ryan@chua
post Mar 21 2014, 03:58 PM

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QUOTE(puchongite @ Mar 21 2014, 04:48 PM)
Okay comparable with Robertson then. Got fight !
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Both are high end - high vacancy rate recently
How do you think?
^^

ryan@chua
post Mar 21 2014, 04:11 PM

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QUOTE(puchongite @ Mar 21 2014, 05:09 PM)
Robertson tower 3 is selling later. August ?

So I think comparing Opus against the drop-out units of Robertson tower 2 is more meaningful.
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Heard that Robertson drop out units will be selling at the same prices as tower3 without any discounts

ryan@chua
post Mar 21 2014, 04:28 PM

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QUOTE(kochin @ Mar 21 2014, 05:15 PM)
somehow i was quoted 650sf at RM9xxsf with 1 cp.
how? rclxub.gif
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I booked one 650sf at 15lvl with around 1100psf.


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