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Investment DORSETT WATERFRONT @ SUBANG, The heart of Subang Jaya says it all...

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Chris Chew
post Feb 28 2012, 12:38 AM

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Hotel Suites? Sure another guarantee rental return scheme....
Chris Chew
post Feb 29 2012, 12:45 AM

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If Hotel Suites or SoHo suites with GRR scheme, maybe KL runs better investment with higher return or safer ROI ...

I dont kinda feel SS12 needs a hotel like this, Subang Jaya is not a tourism districtand not sure whether Mayland really can make it bcz it seems have a lot of problems lately ....

KL area is lacks of hotel suites ... perhaps it could be better choice ....

Anyone has opinion about this?
Chris Chew
post Mar 29 2012, 06:45 PM

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The location is good. The area, ok if you don't mind nearby SDMC ( which I feel most Chinese don't like it ). However, the accessibility is bad. Only one way to go in and the road us small.

Overall, the pricing is quite on high side and 2,000 units are quite competitive.

The benefit would goes to Shop lots row along the Taj Curry House and co.
Chris Chew
post Mar 30 2012, 07:27 PM

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Hmm. May I ask u guys that, you buy bcz of easy entry of hefty discount plus DIBS or rental investment?

After 4 years, the 2000 units really can fit to the investment plan??




Chris Chew
post Apr 2 2012, 03:53 AM

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QUOTE(clanzkiller @ Apr 2 2012, 02:21 AM)
I don't see 1 access as the problem. Reason is because subang boulevard, laman baiduri, casa tiara, e-tiara, subang avenue, saujana residency, olives, isola (under con), and alot more condo are having similar access. Even some landed property in USJ/SJ are with single access. They might get use to it thou..bad town planning, thanks to land office, everything boleh. Ada duit semua boleh kautim
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Not really bro.

Subang Boulevard and Laman Baiduri has one access. Not a great condo anyway.

Casa Tiara, E-Tiara and Subang Avenue consider has 2 access. Frontage is huge main road while accessible thru Federal Highway into behind 3 of these condos.

Saujana Residency has one access. Yes. But it doesn't fully occupy and also do not have density of 19xx units.

Isola has 2 access which joint into the road of fronting Empire City. One main road and one small road heading to one way road and link to Subang Jaya and Federal exit.

The SS12 entry and exit is 2 ways traffic with only double lane to support inner housing area and those condos of Subang Boulevard and Laman Baiduri plus this 19xx units condo. The traffic condition could be well congested.

Ss12 and ss16 are both next to ss15 but offers different amenities. Ss12 more of a housing area with little amenities other than Hotels and SDMC. Ss16 is commercial hub where it fills almost everything that ss15 missing.

Any students of Korean, they would prefer Subang Avenue. Japanese, not much but also Subang Ave and Tiaras. Arabian, no need mention also Tiaras where they can just gather downstair.

Local Subang young couple, if they prefer high rise, they would go for Saujana, the best ever highrise in Subang so far.

The ss12 nearest college is Metropolitan, most of the students are local and driving. For those walking, they have options to rent a RM 1200-1500 DSTH which offers 4 bedrooms and nearer walking distance

I don't see they willing to pay RM 2000-2500 for a studio at Dorsett Place. The expat are not much in Subang, most are locality rich and average income earner. Most riches already move to SS19 bungalows, Kemuning and Temasya Glenmarie.

Dorsett has it winning appeal. A high class studios in Subang which others don't offer. There must be some certain group of market. But, is the market is big enough?

Hopefully 4 years down the road, the appealing of Subang could become different, which I can expected SS16 hub could be more complete hub after completion of Isola, Empire 2 and potential of LRT plus BRDB is going to build a highrise with large size at there to compete with Isola.


Chris Chew
post Apr 2 2012, 01:20 PM

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QUOTE(dragon_lee @ Apr 2 2012, 07:57 AM)
Very good info !  rclxms.gif

I should call you sifu of Subang
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Not a Sifu or what la bro.

I know a bit bcz I had stay in Subang jaya area for more than 10 years.

Those stay longer would know much more than me. SS12 is medium high end area for most Indian community.

Chinese community prefer SS17, SS18 and SS19.

I myself if given choices, SS17 is the most ideal section of Subang Jaya SS series.


Chris Chew
post Apr 20 2012, 07:50 PM

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QUOTE(cloud3z @ Apr 5 2012, 12:15 AM)
Basically from 1700+ allocated car park, they're only able to sell about 500 car parks now. I believe all of them are sold out already in the 1st phase. New phase just launched and I think they got no car park for that.
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How come the car parks is a lot lesser than the units of studio and apartments?

Hmm .... shuttle bus? Unless SS12 build a middle class university, else, where got so much rich students, where willing to rent this place at higher premium and no car park and take shuttle bus .... only foreigner students will do so like currently ... however, Taylor's students at SS15 campus isn't a lot compare to previous 10 years and 5 years ago.



Chris Chew
post Apr 20 2012, 11:17 PM

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QUOTE(twincharger07 @ Apr 20 2012, 08:01 PM)
chris bro, Dorsett u oso ngam ah?
was at the sales office, very well done sales gallery
the total unit shock me n i think this is sticker game again..
unit dont come with carpark, kena rent..


Added on April 20, 2012, 8:03 pm

Pai kor, you are studio king  laugh.gif
yup.. IMHO, studio make more sense in KL city ..
in this part of KV with this pricing pretty untested..  hmm.gif
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Twin Bro, no la. The pricing shocked me off. Location so-so only. Accessibility so-so only. This is quite high dense.

For rental to this group of students, I much prefer 3+1 apartment/condo. Much easier to get tenant.

Among Subang, the locality here prefer to stay at SS17 and SS18. For bungalow, SS19.

For students, they prefer to rent at SS15 and cheaper, SS14. While if smaller group of students or foreigners would opt for mini Korea condo, Subang Avenue or next to it, Arabic Condo, E-Tiara and Casa Tiara.

Richers students or local, they drive from their own houses.


Added on April 20, 2012, 11:20 pm
QUOTE(accetera @ Apr 20 2012, 08:27 PM)
Want to see how rich is Taylor's University (no longer college) students???

You'll be shocked!!
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Once rich, very rich. But still not all are rich.



This post has been edited by Chris Chew: Apr 20 2012, 11:20 PM
Chris Chew
post Apr 21 2012, 01:09 AM

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QUOTE(twincharger07 @ Apr 21 2012, 12:44 AM)
why ah?

got $$ is one thing, but attracting them especially the rich ones to come over and stay in this part of subang mayb abit challenging..

a friend visited Cova in Kota damansara and saw 9 students from Segi stay in 1 unit.. guess there is always a mixture of students with different level of affordability..

I guess there are rich student but all the launch products is like assuming majority students are rich?
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I am staying in Subang for more than 10 years and was ex Taylors student as well. All rich rich one, only drive from their bungalow or villa.

Only can gamble those local but parents strict at home, so use excuse to come out rent a room just to go out chill every night or kao Lui.


Chris Chew
post Apr 23 2012, 01:41 AM

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QUOTE(lynforum @ Apr 23 2012, 01:22 AM)
Haha, if dai dai have to buy studios thumbup.gif

Got it, you're not goin' for Flexis NOR Dorsett. I was 50/ 50, it is now 51 (No) & 49 (Yes) after your advice  notworthy.gif
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That's the power of Pai Kor!~

One sentence can erase much people's doubt.

rclxms.gif thumbup.gif notworthy.gif

Chris Chew
post Apr 23 2012, 08:52 PM

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QUOTE(humble_tot @ Apr 23 2012, 01:54 AM)
BBB & up up up is over, better listen to sifu like Pai & Chris  rclxms.gif
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Don't put me on par with Pai Kor. His status is far far more ahead of me.

He is sifu. I am Chui Sui.


Chris Chew
post Apr 25 2012, 04:45 PM

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QUOTE(twincharger07 @ Apr 25 2012, 04:34 PM)
whats your plan first? own stay? investment?  hmm.gif
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My goodness, RM 773 per sq ft and without car park.

Even own stay, also very tough for this MK pricing.




Chris Chew
post Apr 25 2012, 05:18 PM

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QUOTE(huiyu @ Apr 25 2012, 04:59 PM)
Investment


Added on April 25, 2012, 5:00 pm

Investment


Added on April 25, 2012, 5:04 pm

So for soho how much per sq ft will be reasonable?
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Investment? Hmm. Your targetted market?

Actually soho is harder to define it's market price.

For me, location is good, but address of SS12 is not a prime compare to others SS series surrounding SS15.

Given it's accessibility, super high dense of 19xx units, separate car park purchase and limited, surrounding area and developer, RM 773 per sq ft is super high. If I die die to buy here, not more than RM 600 psf.

Unless located at SS16, or next to those Empire, Isola, I would consider at RM 700 psf. Much more prime area than SS12, walking distance to LRT, KTM, Carrefour, Empire.

Anyhow, 19xx units is killing. Sorry for my conservative opinion bcz rental to students are totally out of their budget, heavy competition and not so much expat at this area.








Chris Chew
post May 9 2012, 12:39 AM

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Cant imagine the sales was so well.

Hmm. Is this a guarantee rental return for first 3 years? I get different story from different friends.

A new benchmark for Subang highrise.


Chris Chew
post May 9 2012, 12:47 AM

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QUOTE(sam sam @ May 9 2012, 12:42 AM)
Was told to avoid this project as it super dense and permit was for hotel. Planning for hotel car density different than residence
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Permit was for hotel, wonder how is the proper arrangement can be made.

The density of close to 2k units with such pricing killed my interest. Apparently i told all my frens who asked me abt this project, to avoid it though it was too tempted entry project.


Chris Chew
post May 9 2012, 01:12 AM

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QUOTE(twincharger07 @ May 9 2012, 12:50 AM)
no car park allocation summore..

are sales genuine or another sticker game?
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Not sure ehh ...

Will drop by and 6 6 C C one day ...



Chris Chew
post May 16 2012, 01:20 AM

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QUOTE(Matt21 @ May 13 2012, 01:28 AM)
Got anyone want to let go unit?
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Dorsett so many units ... close to 2k units .... all sold out dy meh ?



Chris Chew
post May 23 2012, 12:08 AM

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QUOTE(Property Babe @ May 22 2012, 11:55 PM)
Hi, friend. I'm interested to take over yr unit. May I hv yr email or contact no?


Added on May 22, 2012, 11:56 pm
Just curious ,why u want to let go yr unit?


Added on May 22, 2012, 11:59 pm
Yes,yr email pls?
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wow ....

new registrant, 1st post, already willing to buy a unit via forum / pm ....

Dorsett on the way to bring up Subang to another Mont Kiara wanna be ...

2k units sold out ?????????????



Chris Chew
post May 23 2012, 01:18 AM

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QUOTE(sinleong @ May 23 2012, 01:03 AM)
still got 900+ units for sale... also, about 20 buyers backed out before signing SPA
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Still got 900+ units, its quite a lot. But also means had sold 1k units... For this steep pricing, the units sold also a lot ... I think the easy entry issue the main attraction to BBB ...

But why the 20 buyers backed out?

Is the 12% discount still available ???

This post has been edited by Chris Chew: May 23 2012, 01:19 AM
Chris Chew
post Jun 28 2012, 01:59 AM

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QUOTE(bryan_x00 @ Jun 14 2012, 12:12 AM)
First thing came to my mind in this comparison is hotel room v student hostel  biggrin.gif
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Firsy thing come into my mind is who is going to rent the hotel room here at 2k above? Somemore close to 2k units.

Who are the targetted market? How good is the area, SS12 for the bunch of rich students from Taylors and Metro?

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