will this next to the muslim cemetery?

Peri, very tiny small area only.

Central residence will be a good buy, nearby will have a lot of development sooner or later. Invest as long as u can hold it.

I heard that they are big developer starting to buy out from the existing house owner opposite the Leaf condo which is also beside central residence. That land is huge. if the news is true. That will bring a lot of cheer to The Leaf and Central Residence coz I do believe that if the development land is big, the developer will go for multiple phase and mix development. Nowadays, strategic and good location huge land is difficult to come by.

this central soho is on commercial title rite? will imposed for the 70% LTV thing on 3rd props or 85% loan even on 3rd props?

I am also a bit of confuse. Refer to the S&P, the SOHO is under service apartment category. I got my loan from A****ce Bank and is under Residential Loan (90% margin). I think is solely depend with the banker on under what status they are applying to. They will still imposed 70% LTV if you are buying 3rd property but you can get high margin 90% base on residential loan. Commercial loan will definitely lower ur margin and shorter tenure loan period.

learn something today. got pro and con for commercial title. luckily this is not ur 3rd property.

for my case A***** bank offers the less rebate to BLR among other panel bank.

Another Masterpiece Award

Updated News from The Star 23 July 2012
http://www.yuktung.com.my/pdf/ad_20120723_TheStar.pdf


HEARTIEST CONGRATULATIONS TO HR GROUP OF COMPANIES FOR BEING AWARDED INTERNATIONAL STAR FOR LEADERSHIP IN QUALITY AT THE ISLQ AWARD PARIS, 2012

A RECOGNITION TO LIGHT UP THE FUTURE
The International Star for Leadership In Quality Award presented by Business Initiative Directions (B.I.D) recently held in Paris was participated by companies from 117 countries. During this time, participating leaders from all manner of industries had
submitted their proposals and among the few who triumphed were the HR Group, one of Malaysia's leading and fastest growing property developers with interests expanding out to China, the UK and Oceania. Over the years, the company has displayed prodigious strength in management quality, bringing success and profitable ventures through its numerous undertakings with The Yuk Tung Group, which today is yet again recognized internationally via this prestigious Star Quality Award.
The criteria for being awarded an International Star Leader in Quality Culture (ISLQ QC100 certification) involved demonstration of excellence in the designated industrial sector exhibiting increased market share, improved results and sustainability. This prestigious award, given to leaders by leaders is created by 26 media publications from around the world that orient themselves towards change and market trends, with special focus on innovation, growing brands, technology, and new products, covering
a multitude industries from property development and manufacturing to business and finance.
After months of vetting, the gala presentation was finally held at the Concorde La Fayette Hotel in Paris and the cited qualities for HR Group included valuing customer satisfaction while obtaining positive business results; meeting quality levels; encouraging teamwork for decision making; satisfying the needs of clients and meeting their expectations; providing human resources, both technical and economic to achieve continuous improvement for the environment; managing human resource
to achieve maximum potential; and making employees aware of the importance of the most profitable areas of activity in order to achieve the best business results.

That's another good news to Central Residence

This post has been edited by ngaisteve1: Jul 28 2012, 04:14 PM

From The Star Advertisement
http://yuktung.com.my/pdf/ad_20120808_TheStar.pdf

INVITATION TO THE LAUNCHING of THE COURT Service Apartment,
Central Residence @ Suria Sungai Besi, Kuala Lumpur

DATE : 11August 2012 (Saturday)

TIME : 10.00 am – 6.00 pm (Refreshment will be served)

VENUE : Shangri-la Hotel , Kedah & Selangor Room, Basement II, 11, Jalan Sultan Ismail ,50250 Kuala Lumpur

SPECIAL EVENT
Event 1:
Property Outlook 2012 : by Mr Ho Chin Soon 11.30am & 2.30pm

Event 2:
Maybank Property Financing Solution 2012:
by En Masrul Affendy Manager, Business Relationship-
Consumer Finance, Community Financial Services 12.00noon

>>>Feel like going and listen to Mr Ho Chin Soon expertise view about this project and Sungai Besi Area.

Any ticket needed? Or registration perhaps?

Should be everyone is invited coz is advertise in the STAR newspaper. You only need to make appointment if you want to view the showroom. You will see the advertisement by tomorrow 10 August 2012.

wow, ho chin soon is the speaker, the location guru.

Anyone went for the launching at Shangri-la Hotel ? How is the sales?

A good location with facilities and not to forget easy owner scheme. Generally the property will sells by itself.

Easy owner scheme? What's that?

Easy ownership scheme.. Pay minimal dp, dibs, no fuss and wait for key collection. Its kind of similiar to Us deregulation on mortgage lending system. Most ppl can secure a mortgage loan without paying subtantial 10% down payment...

I see, thanks for the info

May i know the size and the selling price now?

Phase 1 SOHO all sold out already. Phase 2 Service Apartment last time about 50% sold out. Phase 2 Service apartment is much bigger size, some where around 1000sf, selling at around RM700k. Can find out more info from iproperty.