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Investment ARA GREENS RESIDENCES | ARA GREENS VILLAGE, A Sanctuary for Multi-Generations.

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super911
post Jul 1 2012, 09:23 AM

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QUOTE(MrBuBu @ Jul 1 2012, 03:02 AM)
They're selling off all blocks liao...opening 4th block...if after completion u buy it for twice the price.... hmm.gif
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No problem, let's see after 3 years, I win or the punters win. LOL.
kenji1903
post Jul 1 2012, 10:13 AM

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QUOTE(super911 @ Jul 1 2012, 09:23 AM)
No problem, let's see after 3 years, I win or the punters win. LOL.
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i have the same feel as you bro...
RomaNce
post Jul 1 2012, 10:51 AM

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QUOTE(super911 @ Jul 1 2012, 09:23 AM)
No problem, let's see after 3 years, I win or the punters win. LOL.
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Haha I support u. No win no loose, but I don't think is up up up. With that price , at that area, unless people no choice only buy. Once too many old and Ned properties release into the market, supply is more, competition is stiffer, price is lower. Location will be very important.

If with the price, many people book but can't get loan and drop out, less than 50% purchaser mean problem...if completed only consider is a good idea. Platinum damansara case....
20yrsinsrisentosa
post Jul 1 2012, 02:31 PM

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QUOTE(CMW123 @ Jun 30 2012, 08:59 PM)
Was told by SA that the following are provided for the 700 sq 2 rooms unit:

1) Signatue Kitchen kitchen cabinet with hood & hob
2) Oven, 2 in 1 washing machine and fridge
3) Singnature Kitchen built in cabinet for master bed room
4) Signature Kitchen built in cabinet & study desk for second room
5) Other branded furnishing http://www.aragreens.com/gallery-list7.html

Above worth about Rm40-50k

But the question is at RM750psf??

But still BBB. Lot of rich people around...
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the root of BBB and many rich people are all simply from older generation. most of purchaser are backed by daddy mummy or daddy mummy in law. do keep in mind to secure your living by target to wealthy backed boy boy and girl girl thumbup.gif
youcity
post Jul 1 2012, 02:45 PM

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QUOTE(20yrsinsrisentosa @ Jul 1 2012, 02:31 PM)
the root of BBB and many rich people are all simply from older generation. most of purchaser are backed by daddy mummy or daddy mummy in law. do keep in mind to secure your living by target to wealthy backed boy boy and girl girl  thumbup.gif
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saw many nice car park there.. it is just like LV, expensive but many rich people still buying.
oreomambo
post Jul 1 2012, 02:56 PM

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I personally believe the price is way too high. A 14xx sqft unit reaching 1mil which is crazy. Two of these units and you can get a nice semi-d just nearby.

11xx sqft already about 89xk. East facing main road, South facing a bigger main road with cross junction. These units better have a double glazed window (which no one there could tell me). North facing an empty land and Petronas station. West facing light industrial park and a river/drain. Only those 2xxx sqft are facing inwards or pool.

On the bright side, it has good use of space in their design and many variety of unit type to choose from with good quality things added in. I like the toilet design. These units look bigger because they don't have balcony (some units) and even the 11xx units only have 2 bedrooms. So indeed they look bigger.

As for investments, the pricing is not going to grow very much since it is already at ambitious price (this isn't tropicana nor m.kiara). It will have to compete with condos from Saujana like Amaya along with landed houses with is very close to the selling price and much bigger size too.


rock tan
post Jul 1 2012, 03:18 PM

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who bought ara green is cause of its concept, design and material. this project buyer mostly for own stay. investor wont buy this cause of the price, so stay in percentage is high. other project is mostly invest by investor, aftet construction just waiting to sell or rent. this is the different.. smile.gif ya, ara green price can get better location or bigger space, but cant get those concept. is ur choose location, bigger space or concept smile.gif different supply, different demand.
1282009
post Jul 1 2012, 03:36 PM

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QUOTE(oreomambo @ Jul 1 2012, 02:56 PM)
I personally believe the price is way too high. A 14xx sqft unit reaching 1mil which is crazy. Two of these units and you can get a nice semi-d just nearby.

11xx sqft already about 89xk. East facing main road, South facing a bigger main road with cross junction. These units better have a double glazed window (which no one there could tell me). North facing an empty land and Petronas station. West facing light industrial park and a river/drain. Only those 2xxx sqft are facing inwards or pool.

On the bright side, it has good use of space in their design and many variety of unit type to choose from with good quality things added in. I like the toilet design. These units look bigger because they don't have balcony (some units) and even the 11xx units only have 2 bedrooms. So indeed they look bigger.

As for investments, the pricing is not going to grow very much since it is already at ambitious price (this isn't tropicana nor m.kiara). It will have to compete with condos from Saujana like Amaya along with landed houses with is very close to the selling price and much bigger size too.
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If not wrong, Ara Damansara terrace double storey is selling around 950k - 1mil but not sure the age of the house, ~5 years old?


Added on July 1, 2012, 3:38 pm
QUOTE(rock tan @ Jul 1 2012, 03:18 PM)
who bought ara green is cause of its concept, design and material. this project buyer mostly for own stay. investor wont buy this cause of the price, so stay in percentage is high. other project is mostly invest by investor,  aftet construction just waiting to sell or rent. this is the different.. smile.gif ya, ara green price can get better location or bigger space, but cant get those concept.  is ur choose location, bigger space or concept smile.gif different supply, different demand.
*
I believe many of smaller units 6xx and 7xx sft are bought by investors.. yup the bathrooms fitting/design is nice.



This post has been edited by 1282009: Jul 1 2012, 03:38 PM
oreomambo
post Jul 1 2012, 04:14 PM

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If for own stay, then your personal choice and instinct wins as it is purely your individual preference. i like the concept, but the size vs price isn't favorable for me for own stay. Perhaps targeting the more affluent people.
CMW123
post Jul 2 2012, 09:22 AM

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how was the overall sales for the launch?
Jay36
post Jul 2 2012, 01:09 PM

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Not sure hows the sale is as I was there on Sat. Lots of people, looks like selling very well.

A bit of a caution to investor, having stayed in Ara Damansara for the past 5 years already. Please do a little check on the developer. I've been looking at the unfinish Platinum condo at Ara for 5 years now. It is an ugly site. The is the result of an entry of a small time developer trying to make it big but do not have the financial muscle.

Aragreen is almost similar to that. Unknown developer with one completed project at
Jalan Ampang and trying to sell 6 blocks of apartments. Doctors trying to be a developer makes me worry a bit.




yoki
post Jul 2 2012, 01:15 PM

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the plantinum thing is too long ago pple forgotten dy
now pple just concentrate buying what that is appeal to the eyes

QUOTE(Jay36 @ Jul 2 2012, 01:09 PM)
Not sure hows the sale is as I was there on Sat. Lots of people, looks like selling very well.

A bit of a caution to investor, having stayed in Ara Damansara for the past 5 years already. Please do a little check on the developer. I've been looking at the unfinish Platinum condo at Ara for 5 years now. It is an ugly site. The is the result of an entry of a small time developer trying to make it big but do not have the financial muscle.

Aragreen is almost similar to that. Unknown developer with one completed project at
Jalan Ampang and trying to sell 6 blocks of apartments. Doctors trying to be a developer makes me worry a bit.
*
kenji1903
post Jul 2 2012, 01:30 PM

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QUOTE(oreomambo @ Jul 1 2012, 02:56 PM)
I personally believe the price is way too high. A 14xx sqft unit reaching 1mil which is crazy. Two of these units and you can get a nice semi-d just nearby.

11xx sqft already about 89xk. East facing main road, South facing a bigger main road with cross junction. These units better have a double glazed window (which no one there could tell me). North facing an empty land and Petronas station. West facing light industrial park and a river/drain. Only those 2xxx sqft are facing inwards or pool.

On the bright side, it has good use of space in their design and many variety of unit type to choose from with good quality things added in. I like the toilet design. These units look bigger because they don't have balcony (some units) and even the 11xx units only have 2 bedrooms. So indeed they look bigger.

As for investments, the pricing is not going to grow very much since it is already at ambitious price (this isn't tropicana nor m.kiara). It will have to compete with condos from Saujana like Amaya along with landed houses with is very close to the selling price and much bigger size too.
*
didn't say which block facing loji? tongue.gif
Meganly
post Jul 2 2012, 02:03 PM

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its indeed very nice ara green the design but price not as nice....haha
oreomambo
post Jul 2 2012, 03:13 PM

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QUOTE(Jay36 @ Jul 2 2012, 01:09 PM)
Not sure hows the sale is as I was there on Sat. Lots of people, looks like selling very well.

A bit of a caution to investor, having stayed in Ara Damansara for the past 5 years already. Please do a little check on the developer. I've been looking at the unfinish Platinum condo at Ara for 5 years now. It is an ugly site. The is the result of an entry of a small time developer trying to make it big but do not have the financial muscle.

Aragreen is almost similar to that. Unknown developer with one completed project at
Jalan Ampang and trying to sell 6 blocks of apartments. Doctors trying to be a developer makes me worry a bit.
*
Jay36, i have the exact same line of thought as you. In fact, i am too a resident at AD staying over more than 6 years already. Platinum was sold that time at near to the landed price as well competing with newly launched last few landed phase of AD. It is indeed an eyesore now. Back to Ara Green, the "developer" here is probably a try and see venture spinoff from the main HSC mother business which is primary on healthcare. It will most likely get financial backing to ensure that this project doesn't collapse tarnishing the mother company. This is unlike the tainted novice Dataran Mantin that failed delivery on Platinum as core development business trying to wear too big of a hat.

However, HSD should create entry project an positive impact that would be talk about from forum to forum. Didn't seem to catch on more interest on investment forums for the 6xx to 8xx sqft units which made me confused of the overall objective of this project. Maybe internal buy or sticker game. All in all, this is for own stay (by rich semi retirees) and not for investment.

Now you know how much the doctors at HSC going to charge you as well, premium rate like Ara Green smile.gif


Added on July 2, 2012, 3:14 pm
QUOTE(kenji1903 @ Jul 2 2012, 01:30 PM)
didn't say which block facing loji? tongue.gif
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The loji is quite far away, beyond the light industrial factory and not visible as well. So not really a concern.


This post has been edited by oreomambo: Jul 2 2012, 03:14 PM
kenji1903
post Jul 2 2012, 03:32 PM

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QUOTE(oreomambo @ Jul 2 2012, 03:13 PM)
Jay36, i have the exact same line of thought as you. In fact, i am too a resident at AD staying over more than 6 years already. Platinum was sold that time at near to the landed price as well competing with newly launched last few landed phase of AD. It is indeed an eyesore now. Back to Ara Green, the  "developer" here is probably a try and see venture spinoff from the main HSC mother business which is primary on healthcare. It will most likely get financial backing to ensure that this project doesn't collapse tarnishing the mother company. This is unlike the tainted novice Dataran Mantin that failed delivery on Platinum as core development business trying to wear too big of a hat.

However, HSD should create entry project an positive impact that would be talk about from forum to forum. Didn't seem to catch on more interest on investment forums for the 6xx to 8xx sqft units which made me confused of the overall objective of this project. Maybe internal buy or sticker game. All in all, this is for own stay (by rich semi retirees) and not for investment.

Now you know how much the doctors at HSC going to charge you as well, premium rate like Ara Green smile.gif


Added on July 2, 2012, 3:14 pm

The loji is quite far away, beyond the light industrial factory and not visible as well. So not really a concern.
*
there's 2 then... maybe you didn't notice another one just behind the row of shops further down the road
oreomambo
post Jul 2 2012, 03:43 PM

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QUOTE(kenji1903 @ Jul 2 2012, 03:32 PM)
there's 2 then... maybe you didn't notice another one just behind the row of shops further down the road
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I believe it is the same one, that same road is a big circle actually. See in google earth. The loji is facing the apartments (Sri Ara and Sri Meranti apt). It is on the west most side of Ara Damansara. Probably about 800 to 900meters away from the Ara Green site.


kh8668
post Jul 2 2012, 03:46 PM

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the vacant land next to Ara Greens will be developed a condominium too.
kenji1903
post Jul 2 2012, 03:54 PM

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QUOTE(oreomambo @ Jul 2 2012, 03:43 PM)
I believe it is the same one, that same road is a big circle actually. See in google earth. The loji is facing the apartments (Sri Ara and Sri Meranti apt). It is on the west most side of Ara Damansara. Probably about 800 to 900meters away from the Ara Green site.
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then you have not been to the actual site smile.gif

i found nothing on google earth and almost want to buy a unit there until i see the loji, not big but, it's there
if you want to see google map, check out the triangular "swimming pool" looking object next to Jalan PJU1a/7... blocks D/E/F will have the best view not to mention best smell

This post has been edited by kenji1903: Jul 2 2012, 03:54 PM
oreomambo
post Jul 2 2012, 04:06 PM

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QUOTE(kenji1903 @ Jul 2 2012, 03:54 PM)
then you have not been to the actual site smile.gif

i found nothing on google earth and almost want to buy a unit there until i see the loji, not big but, it's there
if you want to see google map, check out the triangular "swimming pool" looking object next to Jalan PJU1a/7... blocks D/E/F will have the best view not to mention best smell
*
Ah yes, now i remember seeing a small one as i've driven before into the light industrial area. You are right, apologies. Very healthy indeed smile.gif


Added on July 2, 2012, 4:07 pm
QUOTE(kh8668 @ Jul 2 2012, 03:46 PM)
the vacant land next to Ara Greens will be developed a condominium too.
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For units that is supposed to face the petronas station, the empty land is going to be another development mixture of retail + service apt, looks quite high density though.

Search for keyword "Villamas Ara Damansara" .

Now i know why the bigger 2xxx sqft units rather face the pool.

This post has been edited by oreomambo: Jul 2 2012, 04:07 PM

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