QUOTE(twincharger07 @ Dec 17 2012, 03:59 PM)
last check on KR2 neighbor list
http://forum.lowyat.net/topic/2447304/+1240Own Stay - 26
Invest - 14
Maybe Own Stay maybe Invest - 7
of course this is not the overall picture, but good to know that majority of LYNer who bought for own use
ZR and KR1/2 probably also having the same mixture of own stayer and investors...
Yeah, twin kor speaks the truth.
I am amaze tat not only in LYN, but in FB, also have more owners declared for own stay. But, its reality that the actual picture could be different upon its completion.
Clivengu, perhaps I reply u using PC when I back home tonight or probably you can ask suggestion of ZR or KR2 in its thread to respect RR thread here. Haha.
I am sure u found more info at both threads more than the SA can gives u.
The last word would be, RR is still a good buy and great for own stay. Missed it very much but nvr regret not to get it. Early bird buyers would be sure of experienced anor round of TZ hot hot hot flips upon its completion based on pricing they enter.
Added on December 18, 2012, 4:52 amQUOTE(clivengu @ Dec 17 2012, 03:02 PM)
My friend bought KR2. The biggest unit.
Went to ZR showroom today... was surprise Block A has the most unit left. According to the SA those units used to be bumi units during launching... now is converted to none bumi. Dont ask me why,how, they do it.. Block B,C,D also has units left, but not as much as Block A. Selection is limited though, but obviously not "sold out" All units price has gone up to almost rm450psft (1400sf unit) to rm 498psft (1200sf unit), early buyer really untung gila. If I am to buy this now .. I have to buy with a own-stay mindset and not investor mindset otherwise sure angry everytime think about it.
Anyway we narrow down our preferable units from the remaining list. I like one on 17th floor, Block B, Type A corner, 1407sqft. Facing pool+garden, instead of facing noisy highway, or ugly OUG building behind. Only complain from my gf is the number 17 doesn't sound nice in chinese.. Myself never notice that. That is the only unit left for that row. Another unit we narrow down is Type B,16th floor, block A (not corner and 1236sft) ,align with the edge of the infinity pool. Is cheaper a bit... but calculate psft, is not as worth compare to the largest unit. & I definitely enjoy the extra 170sqft space in the living area.
I have a question... Lets take example of ZR. Since Block A is the first block they launched.. at the lowest price. The chances of investors to rent out the units in Block A will be higher when it is completed, compare to Block C & D when the selling price is higher (more for own stay). The reason I will say this is because, of so many condos which I have stayed, I realised the first launching blocks will usually has more rented out unit. Of course for own stay, this is not a good thing... especially if management did not control the amount of tenant such as the black people. So if what I assume is correct, then Block D (final block launched) ZR, will be my best choice? Please correct me if I am wrong.
Also between ZR vs KR2, KR2 is aimed more on Investor? Since they offer DIBS, nearer to LRT, and party furnished. So can I say that KR2 will have a higher rate of units renting out, when it is complete? And ZR more suitable for ownstay? although near to lrt can be a good thing for property appreciation, but it can be a negative thing as well for own stay,- traffic jam, noise, double-triple parking, most important, safety concern when the place become too "chap" with all kind of people.
Thanks Chris again for the advice!
From the units you listed on ZR
17th Floor, Block B, Type A corner, 1407 sq feet ( Facing Pool + garden ) at RM 450 psf
I like this layout quite a lot. ( Converted from Zest Type D's 1,110 sq feet ) to here with entrance / foyer separated the living hall and bedrooms. Balcony is individual to provide little privacy although directly facing Block C.
For corner unit is very tricky here, you must know the orientation very well. If the unit mentioned by you is facing garden / pool, means this is indirectly facing Block C and D, hit by morning sun and a better unit compare to the west side unit. But, don't be expected it can buffer with the noise from Kesas, except you close the double glazed glass door bcz the unit is directly facing the gap by Block C / D ( yoga area )
16th Floor, Block A, Type B, 1236 sq feet ( Infinity pool? ) at RM 498 psf
This is the type I almost book previously ( Cheque ready @ RM 390 psf and almost 2 weeks later, was told had increased to RM 416 psf )
Quite a similar unit with Type A, but not corner unit. Bedrooms bigger than The Zest's but expected a smaller dry and wet kitchen. The 3rd room is quite small.
To add on, the smallest size, 1032 sq feet or Type D, the 2 bedrooms unit at middle floor is selling at circa RM 510 psf after 7% discount.
Both Level 16th and 17th is good floor. If 17th floor is not good in feng shui, bro, seriously, you got to aim a new project with cheque ready upon launching day.
As the project was launched at middle 2011 for RM 330 psf onwards ( much lower than KR2 who sold half a year later ), excluding those bulk purchased at Block A who got it at RM 300 psf circa, would you entry now for a 1,136 units project with RM 450-515 psf? You already enter at the early buyers' subsales price and you definitely lose out in terms of room of appreciation. However, you may ignore this if you're own stay.
Yes, I agree with you that, those block launched first would be definitely the block has the most units for rental and flip, normally, haha. You might get your correct assumption since Block D is the last block to launch.
If you ask me, if die die must buy ZR, for own stay, I would definitely pick Block C or Block D's medium low floor unit facing Garden and nearer to either Block C /D to buffer the noise away against privacy ( opposite balcony view ). The lesser noise unit would be Block A's unit ( nearer to Block B ) but facing directly Bukit OUG Condo, hahaha.
Generally yes, KR2 ( with 7% discount, partly furnished and DIBS ) attracted more investors than own stay. From my glance, KR2 smallest unit, 1067 sq feet ( total 360 units out of 720 units ) are majority investment purpose while the remaining 360 units ( 1276 sq ft and 1457 sq ft ) are majority declared for own stay. And, I do not believe ZR's 1136 units, more than 60% of them are buying for own stay. It's 1136 units vs 720 units. You can assume both 30% for rental ( the remaining for own stay or keep till 2020 ), it's about 340 units for ZR against 216 units for KR2.
If you like spacious and if you do not mind to join the wolves party, you should bring your gf to KR2 office to view it and visit both ZR / KR2 sites, maybe she can give you further hints. Type C, 1457 sq feet, partly furnished, at premium solo tower, 3 individual car parks, DIBS and after 7% discount, it would be RM 440 psf onwards. I brought some girls including my gf to view both scale model of ZR and KR2, I was surprised all of them said KR2 is much nicer. IMHO, I feel based on facade looking, both ZR and KR2 also nice but not too exciting.
ZR estimated to complete at 2014, while KR2 would be complete at 2015 Sept or year end. Different traffic. If you're investor, probably ZR would be ideal because they might complete ahead of KR1, so they would attending to the market first before KR2 come to the picture 1+ year later.
Regarding to the management to control the Pak Hitam, it's hard to say and all need to wait until completion. Maybe both ZR and KR2 would be occupy by PH but I no longer trust Trinity promise that there is no PH bcz it did happened at The Zest. But as a 1,136 units condo and price point was relatively low back then, it's dam hard to control. Same goes to KR2, though they preview it this year and only recently they increased the price ( but lower than ZR )
In terms of nearer to LRT, noise, traffic jam and etc, both ZR and KR2 already had the adverse remarks. ZR is near to LRT but KR2 is next to LRT. KR2 would be the first to reach Kesas Highway instead of ZR. I notice ZR's building is much nearer to Kesas compare to KR2. If after KR1/K2/ZR completed, if no cars here would be very haunted and means both also terrible investment.
I still believe you will end up with The Zest ... completed ... move in immediately ... and not as busy or noisy as ZR / KR2 ... seriously ...
Let me get back to the Arsenal entertaining game!
This post has been edited by Chris Chew: Dec 18 2012, 04:52 AM