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 Central Residence - Phase 2

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Citydude
post Dec 16 2012, 04:00 PM

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QUOTE(ngaisteve1 @ Dec 16 2012, 03:44 PM)
rental 2k should be no problem one la. someone is currently renting at this rent i think.

that's why need holding power one. for me, i think 6 months to 1 year still can tahan if i still employed.
*
The block not yet build
What you mean someone is renting st RM 2k ?

Mind I ask you
Are you an agent selling properties. ?
Or you are selling for central soho or courts as agent ?

TSngaisteve1
post Dec 16 2012, 09:35 PM

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QUOTE(Citydude @ Dec 16 2012, 05:00 PM)
The block not yet build
What you mean someone is renting st RM 2k ?

Mind I ask you
Are you an agent selling properties. ?
Or you are selling for central soho or courts as agent ?
*
ops sorry i mean the one who is renting at RM2k currently is midfield (central residence neighbor). btw, is that you? biggrin.gif

no la, i am not an agent, i just bot for own investment only biggrin.gif


SUSworgen
post Dec 16 2012, 09:51 PM

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QUOTE(ngaisteve1 @ Dec 15 2012, 09:34 PM)
Really? I tot "The Leaf" started the construction/project first?


Added on December 15, 2012, 9:38 pm
i think won't have this problem if the rental is reasonable and the quality of this project is there ie 4th tier security, high ceiling and etc. also that cemetery is very small tiny area only.
*
IMHO, facing cemetery is a big no for any property investment. Even for rental, i still not convinced that tenant dont mind renting unit facing cemetery, unless its exceptional cheap.
TSngaisteve1
post Dec 16 2012, 09:57 PM

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QUOTE(worgen @ Dec 16 2012, 10:51 PM)
IMHO, facing cemetery is a big no for any property investment. Even for rental, i still not convinced that tenant dont mind renting unit facing cemetery, unless its exceptional cheap.
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It is just very small tiny area. Muslim's cemetery is different from Chinese's. Besides what I mention earlier, i think to add is location. This is good location project, just 2 minutes to Terminal Bersepadu Selatan, Bandar Tasik Selatan LRT and KTM station there. So to midvalley or bukit jalil also very near only, even CyberJaya/Putrajaya because of the highway. Bear in mind also that, this project won many awards too.
star92
post Dec 16 2012, 10:21 PM

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now the selling how much ?
SUSworgen
post Dec 16 2012, 10:25 PM

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QUOTE(ngaisteve1 @ Dec 16 2012, 09:57 PM)
It is just very small tiny area. Muslim's cemetery is different from Chinese's. Besides what I mention earlier, i think to add is location. This is good location project, just 2 minutes to Terminal Bersepadu Selatan, Bandar Tasik Selatan LRT and KTM station there. So to midvalley or bukit jalil also very near only, even CyberJaya/Putrajaya because of the highway. Bear in mind also that, this project won many awards too.
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A cemetery is a cemetery, doesnt matter big or small area. Some can accept, some cant. Just a matter of preference.
Citydude
post Dec 17 2012, 12:22 AM

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QUOTE(ngaisteve1 @ Dec 16 2012, 09:57 PM)
It is just very small tiny area. Muslim's cemetery is different from Chinese's. Besides what I mention earlier, i think to add is location. This is good location project, just 2 minutes to Terminal Bersepadu Selatan, Bandar Tasik Selatan LRT and KTM station there. So to midvalley or bukit jalil also very near only, even CyberJaya/Putrajaya because of the highway. Bear in mind also that, this project won many awards too.
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I think apart from going to Klia for a flight, if you happen to rent or stay at this above expensive condo, you probably move in or out by car!
So bus numbers are not your priority, if anyone can afford to stay at Central Soho or Courts etc

The Salak South Sungei Besi condo in this stretch rents average 1250 to 1800 etc all depends how the developer promotes the image and branding. !

Nearby One Petaling or Petaling Indah to Midfields .
Midfields got strong branding because
It's YTL Project and anything that goes with it , the market just rush to pay for it. And becomes a favourite rich agents territory for sub sale.

Central Soho must have strong branding to get better rental. Generally, who ever cares that much if it did not win an award? Does it mean an award block got a minimum rental ?
A good rent place usually is because of good reputation, safe, quality, clean, security, and quality tenants!!

Once everyone knows it has the 5 Star status, only people n business address worth to settle here.

Good rental is due to limited supply to meet high demand .
2014/2015 is going to be an over supply of resident condo , offices space and recovery period etc

If the entire stretch of road leading to Central is landscape and clean up the messy SMI factories and backyards and and landscape the frontage of cemetery etc n brighten up the roads - will be added. PLUS for better rents.

High Rents don't just hop to you .
It's the overall place and economy n supply n demand market . Make no mistake about this .


andythology
post Dec 17 2012, 11:34 AM

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QUOTE(wawa818 @ Dec 12 2012, 10:28 PM)
any idea that we need to pay the sinking fund? My SA said the maintenance fees is RM 0.27/sq ft. Is this included sinking fund?
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sinking fund included, as far as I know.

QUOTE(jastan @ Dec 14 2012, 04:41 PM)
They are progressing well. I see no progress in our neighbour opposite " The Leaf".
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Yup, they are working at night too. Passing by the other day after big bad wolf book fair shopping at 3am. The Leafz looks abandoned.

QUOTE(happyman81 @ Dec 15 2012, 10:42 PM)
hi, just wonder free gift such as aircond, kitchen cabinet those is not in snp? then u guys still remember got sign any document on this free gift? if got u guys have a copy of this doc? or only developer keep it? cos cant really remember got sign anything on this free gift..
*
Don't have those in hands now, but maybe in DMC? Can't remember.

QUOTE(worgen @ Dec 16 2012, 09:51 PM)
IMHO, facing cemetery is a big no for any property investment. Even for rental, i still not convinced that tenant dont mind renting unit facing cemetery, unless its exceptional cheap.
*
Not quite. I don't mind, so does many too. Even not, if landscape around is pretty much done up.

QUOTE(Citydude @ Dec 17 2012, 12:22 AM)
I think apart from going to Klia for a flight, if you happen to rent or stay at this above expensive condo, you probably move in or out by car!
So bus numbers are not your priority, if anyone can afford to stay at Central Soho or Courts etc

The Salak South Sungei Besi condo in this stretch rents average 1250 to 1800 etc all depends how the developer promotes the image and branding. !

Nearby One Petaling or Petaling Indah to Midfields .
Midfields got strong branding because
It's YTL Project and anything that goes with it , the market just rush to pay for it. And becomes a favourite rich agents territory for sub sale.

Central Soho must have strong branding to get better rental. Generally, who ever cares that much if it did not win an award? Does it mean an award block got a minimum rental ?
A good rent place usually is because of good reputation, safe, quality, clean, security, and quality tenants!!

Once everyone knows it has the 5 Star status, only people n business address worth to settle here.

Good rental is due to limited supply to meet high demand .
2014/2015 is going to be an over supply of resident condo , offices space and recovery period etc

If the entire stretch of road leading to Central is landscape and clean up the messy SMI factories and backyards and and landscape the frontage of cemetery etc n brighten up the roads - will be added. PLUS for better rents.

High Rents don't just hop to you .
It's the overall place and economy n supply n demand market . Make no mistake about this .
*
+1

TSngaisteve1
post Dec 17 2012, 03:44 PM

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QUOTE(Citydude @ Dec 17 2012, 01:22 AM)
Good rental is due to limited supply to meet high demand .
2014/2015 is going to be an over supply of resident condo , offices space and recovery period etc
How do you know? hmm.gif
wawa818
post Dec 17 2012, 03:49 PM

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QUOTE(andythology @ Dec 17 2012, 11:34 AM)
sinking fund included, as far as I know.
Yup, they are working at night too. Passing by the other day after big bad wolf book fair shopping at 3am. The Leafz looks abandoned.
Don't have those in hands now, but maybe in DMC? Can't remember.
Not quite. I don't mind, so does many too. Even not, if landscape around is pretty much done up.
+1
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They are working at night? So suprise, mayb due to raining in day time.. salute on their Hong Kong Style Management
Citydude
post Dec 17 2012, 04:56 PM

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QUOTE(ngaisteve1 @ Dec 17 2012, 03:44 PM)
How do you know?  hmm.gif
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You don't read? Read more economic reports to update yrself
TSngaisteve1
post Dec 17 2012, 05:28 PM

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QUOTE(Citydude @ Dec 17 2012, 05:56 PM)
You don't read? Read more economic reports to update yrself
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All those are only forecast or speculation. No one can be certain for sure except God. Example, they have been talking about US debt and Euro crisis, but until right now, still can sustain what.
jastan
post Dec 17 2012, 05:35 PM

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I remember too that I read an article that they are plenty of apartments/condo will be ready by 2014/2015. So, they will be plenty available at the market. So, central residence have to be outstanding to outshine the others.

With only central residence SOHO will be 526 units not counting The Courts and Centrina.


Added on December 17, 2012, 5:40 pm
QUOTE(worgen @ Dec 16 2012, 09:51 PM)
IMHO, facing cemetery is a big no for any property investment. Even for rental, i still not convinced that tenant dont mind renting unit facing cemetery, unless its exceptional cheap.
*

Most of the buyer who has bought the unit facing cemetery are for own stay. As you know and I know that if we are given as option to choose, no one will wan to face the cemetery. So, the rental play facing cemetery will be difficult and I sure the buyer is not a fool paying >RM 400K+ and hope people will rent in the future.

This post has been edited by jastan: Dec 17 2012, 05:40 PM
jastan
post Dec 17 2012, 05:48 PM

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QUOTE(happyman81 @ Dec 15 2012, 10:42 PM)
hi, just wonder free gift such as aircond, kitchen cabinet those is not in snp? then u guys still remember got sign any document on this free gift? if got u guys have a copy of this doc? or only developer keep it? cos cant really remember got sign anything on this free gift..
*
The free gift is not written in the SNP. I was given a simple list with the free gift stated on it and sign on it & pass it back to the Sales Agent. Similar to the one that I attached. Do you remember that you have sign it??


Attached thumbnail(s)
Attached Image
happyman81
post Dec 17 2012, 09:08 PM

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QUOTE(jastan @ Dec 17 2012, 05:48 PM)
The free gift is not written in the SNP. I was given a simple list with the free gift stated on it and sign on it & pass it back to the Sales Agent.  Similar to the one that I attached. Do you remember that you have sign it??
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Hi, thanks for feedback. Think should have signed but cant really recall due to few months back n i dont have a copy with me, may be i can just double check with the developer...
Citydude
post Dec 19 2012, 06:24 AM

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QUOTE(jastan @ Dec 17 2012, 05:35 PM)
I remember too that I read an article that they are plenty of apartments/condo will be ready by 2014/2015. So, they will be plenty available at the market. So, central residence have to be outstanding to outshine the others.

With only central residence SOHO will be 526 units not counting The Courts and Centrina.


Added on December 17, 2012, 5:40 pm

Most of the buyer who has bought the unit facing cemetery are for own stay. As you know and I know that if we are given as option to choose, no one will wan to face the cemetery. So, the rental play facing cemetery will be difficult and I sure the buyer is not a fool paying >RM 400K+ and hope people will rent in the future.
*
The units facing cemetery are smaller units. If for own stay, can be only individuals, due to limited space. For office activity, it is OK. The term SOHO being a flexible unit, either being a office. Or a stay in unit. Or a combined stay and Business Address. I wonder people who want to rent to ask and consider units that DON'T face the cemetery or face the cemetery? Will they ask for cheaper rental or they are modern enough to accept?
With so many units in the block to choose, it is easy choice. I am not buying to stay. Definitely for investment.
If there is good sub sale price, I will sell. If my unit got good rental returns, only i will rent.

It's so simple. In Q42014/2015, the property market and economic situation will dictate the sub sale market and reason to keep or sell our properties. Supply and Demand of Condo around the area within 2km covering Sungei besi, Salak South, Kuchai Lama and Bukit Jalil will affect rentals, and competition too.
TSngaisteve1
post Dec 19 2012, 08:24 PM

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Yeah, the beauty of SOHO is its flexibility. I think this is good especially for those self-employed lawyar, architect, engineer, artist, and etc. they can put their company sign board on this SOHO unit and same time stay there. No more jam problem as cars gonna be increasing. Hopefully that is good for us, our investment.
cloner
post Dec 20 2012, 01:32 AM

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guys, anyone bought the phase 2 aka the court service apartment?

what's the latest price n units avail yah as per ur last visit?

n the sales office/show room kat mana? as per their website address?
TSngaisteve1
post Dec 20 2012, 09:11 AM

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QUOTE(cloner @ Dec 20 2012, 02:32 AM)
guys, anyone bought the phase 2 aka the court service apartment?

what's the latest price n units avail yah as per ur last visit?

n the sales office/show room kat mana? as per their website address?
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hi where do u stay? if you stay nearby cheras, can go tesco taman midah. they got a booth there with sales agent.
ruben7389
post Dec 20 2012, 09:24 AM

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Tesco Puchong also had, not sure still there

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