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

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jason57
post Jul 16 2012, 10:33 AM

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How you guys compare this to BU 9 ceta block which have built and sell? They have bigger sf 26xx and cheaper price?

Any comments from you guys?
jason57
post Jul 16 2012, 05:27 PM

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QUOTE(Best property review @ Jul 16 2012, 01:54 PM)
This project has been selling for 2 years. The problem they are facing is the size is too big and this ultimately making the absolute price high. The location of the site is near to the HT wire, this make the project a discount on consideration. Just my 2 cents.
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But if you calculate their psf price, still aragreen selling at higher price. I agree with you that aragreen do not have HT wire around, hence leave it a peaceful place to live.

too big? Isn't that better like 26xxsqft where by aragreen 4+1 about 2000sqft...

Anyway I look in to aragreen..


Added on July 16, 2012, 5:33 pm
QUOTE(ARAG @ Jul 16 2012, 02:18 PM)
Yes, BU 9 entry price starts at RM1.1 M. High density per block, over 900 units in 3 blocks vs Aragreens 700 units spread over 6 towers. Build and sell, lower chance for capital appreciation (or speculation?) over 3 years and most buyers are for own stay. Good for those in need of immediate occupancy. Aragreens has more unique concepts...
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For example if I am looking for own stay, 4-5 bedrooms. Aragreen fetch higher price than BU 9 currently. Density almost the same 700 vs 900? How if aragreen stop works like 3 blocks which are near to aragreen. There 're risk as well.

How do you see capital appreciation at aragreen?

I had chosen aragreen over bu 9 since ara damansara fetch quieter location. With almost the same amount of money, I get 4+1 bedrooms 2000sqft in aragreen and 26xx sqft 4+1 in BU 9.

Due to the high floors, we have to wait long long time in lift, if we stay 20 floors above in BU 9.

Just my 2 cents.

This post has been edited by jason57: Jul 16 2012, 05:33 PM
jason57
post Aug 12 2012, 10:08 PM

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QUOTE(ARAG @ Jul 16 2012, 06:07 PM)
Aragreens is targeting a niche in health and wellness and green technology residence. It call itself one of its kind in the region meaning that it does have its USP (unique selling points) vs others. 

Although the psf price is high, believed that it take a lot of PASSION of the developer to come out with this for e.g. a more commercially driven developer would not have adopt the current design which result in less saleable area (someone even call the design as a architect's wet dream which only looks good on paper but not commercially viable), to provide so many green features and green technology that many buyers would think are good to have but would be better if u reduce the selling price as they don't think it's necessary, the over 60% of community space allocated which can easily allow for another block for sale etc. 

Believed this represent a niche that will be on the priority of more and more people over time. Being the pioneer project in this niche and if it's executed well upon VP in 3 years time, the market will give it the fair value that it deserves   

HSB looking at launching similar projects in Cyberjaya, Penang, China...
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Do you know beside medical centre, will they have food courts or retails shopping mall in that particular commercial building? If they stick to commercial title, what would be the estimated commercial rate for assesment?

Anyone who have the answer feel free to share.
jason57
post Sep 3 2012, 10:12 AM

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verde 600 psf seem like cheaper then AG, any1 drop AG and wait for this one since sounds better price and lower density?

 

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