Investment CITY OF GREEN @ BUKIT JALIL [OWNERS' THREAD], A new integrated housing project
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  Jan 25 2013, 08:49 PM
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#1
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33 posts Joined: Jan 2013 
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QUOTE(shermanyck @ Jan 24 2013, 10:20 PM) They are 2 more roads waiting for approval. 2 more roads, where? I know one from TPM to COG. Where is the other road? I am interested to buy only worry about access road..... |
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Jan 26 2013, 04:19 PM
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#2
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33 posts Joined: Jan 2013
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QUOTE(twincharger07 @ Jan 26 2013, 02:43 PM) yea.. the 1st test would be can Setia Walk 1000+ sqft unit rented out for 3k in 3 years time? Sanderson access is much worse than COG. Need to go round and round the factories. COG much better access. COG rental should be much higher than sanderson unless a new road can link up sanderson to COG.currently, most are asking below 2k for partial furnish, slightly above 2k for FF.. that also with surrounding matured commercial area, direct access to LDP, retails below, cinema, and 99% sure of LRT infront of it... The only few condos able to ask above 3k are Covillea FF, Savanna FF, Setia Walk ~1400sqft FF.. Zest FF dont even come close to 3k also the much more supplies from BJ/OUG enclave in 3 years time, with better location, better access and bigger build up which possibility most will be asking between 2k to 3k.. maybe Twin Arkz and KM1 will be asking for higher rental.. Sanderson located within the same area, but i doubt owners will be asking more than 2k for its standard units... Any chance a new road linking Sanderson to COG? then villa park and sanderson will offer better value. |
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Jan 28 2013, 11:04 AM
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#3
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33 posts Joined: Jan 2013
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QUOTE(shermanyck @ Jan 28 2013, 03:46 AM) Yes. I agreed too. But COG really have previleage pedestrain link to TPM, distance not more than 200m. Pedestrian link may be but I do not believe a direct access from TPM to COG. It will erode exclusiveness of TPM and tenants there will sure complain. Also doubtful on 3rd college at COG. How to compete with established colleges at TPM unless the college has special strength or target market. Africa students ?TPM Road access also under negotiation. I would choose near COG area ... |
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Jan 30 2013, 11:09 PM
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#4
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33 posts Joined: Jan 2013
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QUOTE(shermanyck @ Jan 30 2013, 10:15 PM) Bro, the padestrain link road will never pull back, now the developer is negotiating with TPM Management for a dedicated residents usage lane. If this confirm, another big point to invest this project! Well. I wish you good luck since you trust the words of the developer. Mindful of the word "negotiating"....it means it's not binding. You think developer dare to put in black and white about the pedestrian link in the S&P or other legal document ? If the private pedestrian link is so powerful to sales then I would expect the developer to broadcast the news loudly and print it in brochure, advertisement everywhere to boost sales especially sales of COG is so slow.COG pededestrian, if ithere is one, is not unique also. There is an existing pedestrian link near Villa Park. I would rather invest in Sanderson or Villa park if I believe in rosy TPM story. At least cheaper and the pedestrian link is really there. |
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Feb 5 2013, 09:29 PM
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#5
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33 posts Joined: Jan 2013
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QUOTE(shermanyck @ Feb 5 2013, 02:10 AM) UCTI is expanding ... Yes is under APIIT, but different building ... Guess the name is Kasturi College. Yes ... Sales agent never tell you, but the boss's son told me ... Good enuf?  |
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Feb 6 2013, 08:10 PM
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#6
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33 posts Joined: Jan 2013
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Government announced freezing of new private colleges at least for the next 2 years. Hope COG SA will not use COG college to lure sales anymore.
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Feb 8 2013, 09:00 AM
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#7
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33 posts Joined: Jan 2013
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QUOTE(shermanyck @ Feb 8 2013, 01:17 AM) They apply and get it 1 year ago, if I'm not wrong. TQ. If the college at COG already got the college licence one year ago then why not adverise it loud loud? Even the SA at showroom do not know the name of the college.  |
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Feb 8 2013, 11:42 AM
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#8
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33 posts Joined: Jan 2013
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QUOTE(limhm1 @ Feb 8 2013, 11:23 AM) Just a neutral guy here and wish to say something on behalf of the poor shermanyck. This is a public forum to share views. Like you said, you can have your views and made your decisions. I wish your decision turns out right.I always believe that one man's meat is another man's poison. Yes. COG is not ideal and it might be overpriced. But I bought a unit there in view of their low entry cost. I don't know what will happen in 3 years time and no one can predict. The workmanship may be lousy but there is also a possibility that the property price remains competitive 3 years later. No one can tell. It is a free market and individuals will have to weigh the pros and cons. If you have enough spared money to pay for your down payment, you may have better options elsewhere. If you have RM5k and wish to have a small little studio unit for yourself and for a start, go ahead. I didn't listen to what the SA told me coz if my expectation is too high (good rental yield with colleges opening, excellent access roads with shoping crowds, etc.), I will be extremely disappointed then if things don turn out the way I expected. Just my 2 cents lah. However, there may be people not as informed as you. One of the purpose of this forum is to share and cross check information so that the poor investors are better informed and can make wiser property decisions instead just based on developer information. So, just want to point out the things to watch out on the college story so that prospetive investors know what to find out from the developer before they buy into COG. Please note that COG price is RM600 psf and people can be burdened with a heavy mortgate for next 20+ years if they made wrong decision. |
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