Investment CITY OF GREEN @ BUKIT JALIL [OWNERS' THREAD], A new integrated housing project
Investment CITY OF GREEN @ BUKIT JALIL [OWNERS' THREAD], A new integrated housing project
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Feb 6 2012, 11:42 AM
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#1
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shit... just sold off my villa pavilion
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Feb 6 2012, 01:30 PM
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#2
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QUOTE(MaiGehGeh @ Feb 6 2012, 12:55 PM) herm... all developer saying tenant supply APIIT and IMU student.. so many market supply meh my VPavilion tenant is an expat working as department manager in APIIT.. he also not willing to pay more than 1k for rental hot areas nowadays are high rise near public transport.. this area definately not within walking distance.. with 500psft, abit too high for serdang area. accessibilty for this area still not so convinient despite Zefer hill also 500psft and sales responce is slow but i think this bandar hijau still BBB for smaller unit as absolute price is lower (300k+ for studio?), buy for the sake of buying? the Sg Besi Puchong expressway seriously need to consider to upgrade.. |
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Feb 6 2012, 02:10 PM
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#3
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Feb 7 2012, 11:55 AM
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#4
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QUOTE(jalsrix @ Feb 7 2012, 10:00 AM) i dont think price will drop.. I am selling below 300psft and slightly above market value. price appreciated more than 80% since i last bought in 2006. agents has been calling for years asking for selling it, not many owners letting go. got it sold off within 2 days and prospect only view it 1 time.anyway.. it is time to dispose and move the money to other places.. Added on February 7, 2012, 11:59 am QUOTE(1282009 @ Feb 7 2012, 11:14 AM) nothing misleading on the map. this area memang serdang. the only misleading is how TS create the topic. not the map's fault.Added on February 7, 2012, 12:13 pm QUOTE(user1984 @ Feb 7 2012, 10:00 AM) looks like located in serdang ler, haha...y quoting bukit jalil... y good news? please explain 500psqft in that area...hehe...good news for me... This post has been edited by twincharger07: Feb 7 2012, 12:13 PM |
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Apr 19 2012, 12:13 AM
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#5
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QUOTE(xuewen1010 @ Apr 18 2012, 02:04 PM) Not yet officially launch but sold almost 80%. what is your investment game plan? potential tenant?Blk A - 650sqf abt 413K. It is expensive but good potential. Agree... Bukit Jalil has a lot of upcoming condos but this is the nearest to colleges and it has a shopping mall on the ground floor. Cinema is pending. |
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Apr 19 2012, 08:02 PM
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#6
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QUOTE(addyloke @ Apr 19 2012, 07:01 PM) thanks for sharing. as long as you are getting residential loan, 70% LTV still apply.. some ppl might like kiara residence , some might like city of green... have to c the buyer personal view.. this city of green is freehold and title under commercial. as for loan this will not affect the residential quota ( 3rd house limited to 70% financing) is up to 90% loan financing. commercial loan for commercial property usually dont go up to 90%.. since 2007, HDA has been amended including service apartment build on commercial land consider as residential.. please know what you are buying... |
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Apr 19 2012, 08:08 PM
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#7
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QUOTE(wsshum1999 @ Apr 19 2012, 12:43 AM) - Title under commercial, this will not affect your residential quota ( 3rd house limited to 70% financing) Hi wsshum1999, please verify your claim.. - Up to 90% loan financing loan will be residential loan or commercial loan? which bank can finance commercial loan up to 90% and what is the rate? will this under protection of Housing Development act? will the SNP include schedule H? if its not under the HDA protection and this property is for commercial purpose, is it legal for residential used/owner occupation? This post has been edited by twincharger07: Apr 19 2012, 08:14 PM |
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Apr 19 2012, 09:27 PM
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#8
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QUOTE(realcyma @ Apr 19 2012, 09:10 PM) the info of this project is very confuse and some are contradict. https://www.iproperty.com.my/property/listi...or+RM+580%2c500first of all, it is deep inside serdang, sure is not bukit jalil. the version i heard, the exact location is beside The Sanderson @ serdang. for the accessibility, at the very preliminary version of material. they said there is a proposed road, from TPM entrance, runs through TPM and goto COG (in the middle of TPM). but, nowadays, no more news about this propsed(imaginary) road. judging from the map i can 101% confirm this COG is located in Bukit..... Serdang TPM forms the border between Bukit Jalil and Bukit Serdang, so happen its the border between KL n Selangor, and TPM belongs to KL.. i own a unit in villa pavilion.. (what the hack pavilon park in the map.. its either villa pavilion or villa park Bukit Serdang is under MPSJ.. the title is very misleading and which ever agent post this up lack of integrity.. |
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Apr 19 2012, 10:52 PM
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#9
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QUOTE(BBB Project @ Apr 19 2012, 10:43 PM) It's under residential loan, so 90% will only apply if this is ur first or second property. But nowadays market, for 2nd property hardly to get 90% already. thank you for verification.. what about 3rd residential loan, 70% LTV still applied on this service apartment?Thanks. on 2nd note, 2nd property with 90% still possible with good strong financial profile.. |
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Apr 19 2012, 11:15 PM
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#10
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QUOTE(BBB Project @ Apr 19 2012, 11:10 PM) Yes, 3rd residential loan cannot run away already, 70% loan, no matter the land title is commercial or residential, unless play some trick to get 80%. thanks for making this clear.. it seems abit contradicting with the previous info claiming this commercial title is not affected by 70%LTV rulling..Ya, if strong financial profile sure no problem. Now even 1st property also hardly to get 90%, you may aware some of the bank only finance for 89%, got story behind. You may ask your banker. |
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Apr 19 2012, 11:58 PM
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QUOTE(MaiGehGeh @ Apr 19 2012, 11:47 PM) Confirm tenant : Tiffany & Co even SP setia cannot confirm their tenant before they start building Setia Walk which loacted at such a mature and strategic location.. they even have to scrap their office block and turn it into residential..how sure is it simon? Twin bro....you are damn semangat at this thread also.....show me how pro u r on the title and and more.... The more they promise on this and that.. there more i feel fishy about it.. is this just gimmick or there are documents to show proof that these tenants are coming in black n white? please correct me if I am wrong.. has this development got AP yet? |
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Apr 20 2012, 12:08 AM
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#12
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QUOTE(netcrawler @ Apr 19 2012, 11:58 PM) i still remember when villamas promised to build the new access road link bukit serdang to BJ highway, and they show me the approve letter by MPSJ, that is when I was convinced about it, and now you can see the new road is already built nicely.. same as Zest promise to build the ramp, they hav black and white before i put my money..just ask for black n white.. if its approve, should hav a letter from MPSJ. |
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Apr 20 2012, 12:11 AM
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#13
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Apr 20 2012, 12:20 AM
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#14
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QUOTE(BBB Project @ Apr 20 2012, 12:15 AM) I cant confirm all this to you. Some are developer trying to deal with them, some are still tender. BBB Project bro.. seems you are the most reliable and trustworthy agent that i know in this project.. appreciate all your honest feedback..If the developer to get GSC in, the rest I think sap sap sui. GSC not easy to bring in. We are just a ad-hoc agent, not exclusive, not from developer, so many thing we cannot answer here. no offence, its just that i think buyer should know what they are buying and what they are expecting from this project.. buying a house, sometimes mean a lot for a person and hope that developer can be as transparent as possible to buyers.. kudos.. |
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Apr 20 2012, 12:33 AM
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QUOTE(kitt1234567 @ Apr 20 2012, 12:26 AM) hahahha..... because Tiffany & Co's boss is a friend with the developer.... if BBB project is from RegaHome... sure he know about this... i cant believe "Tiffany & Co's boss is friend with developer" can be used as marketing material to convince buyer that the tenant is confirmed..Added on April 20, 2012, 12:27 am beside TPM start to feel that the whole marketing is a mess with so many agency with different stories.. happy Friday.. |
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Apr 20 2012, 10:00 AM
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#16
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QUOTE(thomas163 @ Apr 20 2012, 09:25 AM) By all means go ahead.. we have no intention to make negative impression.. just wanted to know more info and hope they are more transparent..no one likes misleading statement to lure customer... Got an SMS "1% to own CityofGreen@BukitJalil....." from KIMRealty this time.. marketing as Bukit Jalil again @_@ ... |
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Apr 20 2012, 10:04 AM
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#17
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QUOTE(Chris Chew @ Apr 20 2012, 10:01 AM) Puchong, Kinrara, B Jalil and Serdang has always within my radar.. I am always interested and excited with projects that are within this southern corridor as I believe there is still plenty of room to progress in this part of Klang ValleyAdded on April 20, 2012, 10:27 am QUOTE(netcrawler @ Apr 20 2012, 12:32 AM) Bukit Jalil is always associate with accessibility with 2 existing LRT, 2 propose LRT (all together 4 LRT station in Bukit Jalil itself), well connected to Kesas which leads to MRR, Sg Besi highway, Plus highway, and Sg Besi Puchong expressway.. Its location pretty strategic, in the middle of Puchong, Serdang, OUG, TPM and Sri Petaling and leveraging the amenities nearby.. Golf course and recreation park forms the green lung for this enclave.. to some ppl, the name KL is important and BJ is KL address. Serdang is a big area and depends which Serdang you are refering.. If its the part near Mines, yes, Silk, Besraya and KTM are good selling point but Mines Heritage didnt seems to take off well.. This is Bukit Serdang.. accessibility and visibility is a challenge here if you want to attarct to good tenant mix into this part of Serdang.. Currently the main access is the new access road from SgBesi Puchong expressway and Jalan Serdang Raya.. others are windy roads from Seri Kembangan.. With the whole development build up 5.89 acres (as big as Zest (5.6 acres), while SW is 20.8 acres), I am not sure how much human traffic perday in this outlet.. Tiffany & Co in this part of Serdang, I will just say its interesting This post has been edited by twincharger07: Apr 20 2012, 10:54 AM |
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Apr 20 2012, 11:05 AM
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#18
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QUOTE(JustNobody @ Apr 20 2012, 10:49 AM) Actually the location is not consider as deep inside... It is just right beside TPM.. The road access make it feel like deep inside.. I would say its about time for MPSJ to improve the accessibility of Jalan Serdang Raya.. I truely support the move to build a flyover from Puchong direction into Jalan Serdang Raya (I doubt the flyover go into Bukit Serdang directly).. Turf club roundabout is a nightmare and i frequently use that road as well.. MPSJ already confirmed there will be plans on the link road from Villa Pavillion into COG and Sanderson, and also fly over from Bukit Jalil Highway whereby you do not need to make U-turn at the roundabout if you are from Kinrara. The road into the Bukit Serdang will also plan to upgrade to 2 lanes for each side, which will be 2 lanes in and 2 lans out. How true COG can gain the access directly from there into TPM, I am not sure how... hehe... I will estimate the distance will cut down at least 50%... In the future, it will not consider deep inside Serdang.. It will the the place nearest to TPM and Bukit Jalil. This is just a place same like Puchong, as last time all people saying very deep inside.. Just relax and wait and see... Cheers! |
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Apr 20 2012, 11:12 AM
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#19
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Apr 20 2012, 12:11 PM
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#20
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QUOTE(BBB Project @ Apr 20 2012, 11:53 AM) So happening here. The last thing that Zest, Endah Promenade and Sanderson did was misleading addresses..Well, I think most of you the concern is address? In fact it's under Selangor, but it's just a border between K.L & Selangor. May be the developer will do something if they want to attract those who are more particular in address? As I know the developer will apply for Bukit Jalil address, but whether can approved or not, we don't know. To me the address is not important, but the location itself. Just like Cheras got under Selangor & K.L..... Ampang & Jalan Ampang.....Damansara Heights, Damansara Damai, Sri Damansara.... Besides, I think many sifu here should know most of the Bukit Jalil property are freehold but with consent? No project is prefect until it's completed, because a lot of thing are not visible finalised, that's why investment always the risk. But when it's completed, the price is different. Just talked about some newest project in this nearby area, Endah Promenade, The Zest, The Sanderson. Not much ppl dare to enter for this Endah Promenade in year 2008 (economy crisis), but the rental yield of this project is very very good now. The Zest, when they were launching, I dare not to enter also, their selling point is LRT EXTENSION, selling at around RM250k, now if you can get below RM450k let me know. Sanderson, although it's hot selling, but still many ppl will think that the location like jungle, industrial area, got what potential? haha.... Anyway, it's just my analysis and opinion. I cant tell much here also. Oh ya, I'm not from regahome, I'm just a small potato to learn from you guys only...cheers... Zest and Endah Promenande have commercial element and having highway frontage.. Sanderson is pure residential, thus highway frontage is not necessary.. This post has been edited by twincharger07: Apr 20 2012, 12:28 PM |
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