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 New Condo @ Balakong

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peri peri
post Jul 17 2012, 10:52 AM

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QUOTE(windwind84 @ Jul 17 2012, 10:46 AM)
i hear from  SA is they will submit to get ap approval in end of this month... hihi therefore expect to get it on september lol
hihih

u too sharp investment....hihi rclxms.gif
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haha, undi jangan tak undi, janji semua telah ditepati. Finger cross.
peri peri
post Jul 19 2012, 12:27 PM

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QUOTE(windwind84 @ Jul 19 2012, 08:35 AM)
left is the 990++ unit,,,corner one...next door to ........... de
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next door to jeng jeng jeng thumbup.gif
peri peri
post Jul 19 2012, 01:13 PM

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QUOTE(antih2o @ Jul 19 2012, 01:04 PM)
just now called and said still got 20 ++ units left... but must purchase from Kem Avenue lo.... not direct from Cheras Hong Soon Sdn Bhd....

really wonder who took all the units facing BTHO la.... where got so fast sold out la.. less than a month ler...
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yeah, so far no forumer confirm got unit facing those terrace. thats why en bloc to SA is bad idea. Direct to developer much easier to nego


Added on July 19, 2012, 1:14 pm
QUOTE(bakacupid @ Jul 19 2012, 12:43 PM)

My house now also next to jeng jeng jeng la. Somemore facing highway. If got facing housing area of course i wan to change.
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will be different price tag, i foresee rm340psft. what u say?

This post has been edited by peri peri: Jul 19 2012, 01:14 PM
peri peri
post Jul 19 2012, 02:06 PM

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QUOTE(bakacupid @ Jul 19 2012, 01:31 PM)

Somemore windwind84 unit is facing terrace wat.
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ic. should have a update list somewhere here to track
peri peri
post Jul 19 2012, 02:59 PM

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QUOTE(bakacupid @ Jul 19 2012, 02:53 PM)
Aiyo.. Ask windwind la. He got :-)
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yalah, he should share with us how he/she manage to get the unit facing terrace. just top up rm6k also worth it
peri peri
post Jul 19 2012, 04:10 PM

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QUOTE(house4sale @ Jul 19 2012, 03:40 PM)
What if those facing terrace is 10% more? Would you take it?
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no lah, out off budget redi, with that amount i will go BMC and booked iresidence condo now since it still offering 5% disc
peri peri
post Jul 20 2012, 12:32 PM

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QUOTE(antih2o @ Jul 20 2012, 11:17 AM)
jootat, really? then good... the SA told me the lawyer have the rights to bank in the money even if AP is not issued.. i really wondered they have the right or not lor..
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if the lawyer choose to bank in now without the AP, i will issue a letter to lawyer request for clarification. Only commercial or industry title can collect deposit without AP as they don not require any AP.


Added on July 20, 2012, 12:33 pm
QUOTE(windwind84 @ Jul 20 2012, 11:21 AM)
no,,, they only will bank in once get ap
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im confused now, ur unit is facing the terrace or highway?


Added on July 20, 2012, 12:34 pm
QUOTE(danielisme @ Jul 20 2012, 09:03 AM)
And no bangla down there. And the highway always accident. Don't how many bangla kena bang to die already
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no worry, columbia hospital big big nearby only.


Added on July 20, 2012, 12:35 pm
QUOTE(wchinwai @ Jul 20 2012, 09:16 AM)
please keep all of us updated once you have info on the side facing housing area...i am sure a lot of us are interested smile.gif
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i rather use the price difference for purchaser upgrade package if any offer by the developer nod.gif


Added on July 20, 2012, 12:36 pm
QUOTE(antih2o @ Jul 19 2012, 02:57 PM)
bakacupic, you also buy one same with peri kor ar?
your unit near where ar?
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all taikors, my unit is L7 aka 13th floor corner unit, far from cemetery wink.gif


Added on July 20, 2012, 12:38 pm
QUOTE(user1984 @ Jul 19 2012, 09:12 PM)
is this condo near to oxidation plant?
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don think so,

north side tun hussien terrace
east side cemetery
south side SILK highway
west side empty land

This post has been edited by peri peri: Jul 20 2012, 12:38 PM
peri peri
post Jul 20 2012, 02:34 PM

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QUOTE(antih2o @ Jul 20 2012, 01:08 PM)
now left those big units, L23 only... and some lowfloor....
tomorrow go to see another round and decide this one or iresidence.... hehehe
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buy both as investment lah. completed in 2016 with the MRT, u sure huat huat redi.


Added on July 20, 2012, 2:38 pm
QUOTE(wchinwai @ Jul 20 2012, 01:35 PM)
i could've mistaken...
1-3 floor - shops
4-7 - car park
8th - L1...
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The day i got snapped picture on the rendering.

Ground floor - commercial (1 storey)
1st floor to 2nd floor- office (2 storey)
3rd floor to 5th floor - car park (3 storey)

6th floor - garden unit and club house



This post has been edited by peri peri: Jul 20 2012, 02:38 PM
peri peri
post Jul 20 2012, 02:56 PM

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QUOTE(abgkik @ Jul 20 2012, 02:51 PM)
So nobody got a unit facing BTHO yet..
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as i know, should be no. not sure.
peri peri
post Jul 20 2012, 03:31 PM

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QUOTE(antih2o @ Jul 20 2012, 03:11 PM)
Won't be able to get loan la... got LTV la... too bad cannot join name with friends.... must join name with someone got talian perhubungan....

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im also headache with this LTV thing. Finding ways for this new condo
peri peri
post Jul 20 2012, 04:03 PM

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QUOTE(antih2o @ Jul 20 2012, 03:34 PM)
this new condo as in which one ?
you already booked for this New Condo Balakong ma..
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booked, soon need to figure finance can get 90 or 70
peri peri
post Jul 23 2012, 10:31 AM

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QUOTE(ahsoh @ Jul 22 2012, 09:01 PM)
I think daniel mistakenly think this project is suria.
Both develop by same developer.
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Suria residence apartment in Bandar Mahkota Cheras. Price around RM210 to 220 psft for a nine storey high apartment. Yes, no swimming pool no gym room. maintenance only rm 0.14psft.

Im living in an apartment with gym and swimming pool facilities for rm0.18psft. but i hardly use them says 3 times a year. what a waste. Btw, sharing with iranian tenants for those facilities also nitemare.

Suria residence good for own stay or future investment. Because its offers 10% discount, 2 covered car park, bigger layout like 1250ft2 and free 1 year maintenance. With in 2 to 3 years time for its completion, a lot will come grab because its next to JJ and matured commercial zone. Imagine, after 3 years, im letting go the unit for rm 320k for a 1250ft2 new unit apartment, people will grab this or choose those 10 years old terrace house 20 x 65 selling at rm 550k? If they grab for 320k, means i earn a profit for at least 50k in less than 2-3 years time from now with no deposit paid, just serving the installment (partly) says rm18k + rm6k legal fee.

Pro and cons for each new property investment nowaday. Affordable price tag but near to a sewerage treatment plant.


Added on July 23, 2012, 10:33 am
QUOTE(youcity @ Jul 22 2012, 05:54 PM)
without facilities? not even a swimming pool?
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yup, just got lifts, security, landscape, mgt office, cleaning service, rubbish collection, common infra but all cost about rm0.14psft. Why paying more if you dont think u will use them frequently


Added on July 23, 2012, 10:36 am
QUOTE(danielisme @ Jul 21 2012, 03:28 PM)
Balakong or taming landed price more lower..balakong property price is not appreciate as I seen.tmn Taming and tmn ehsan the price there not up so much from ori price
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For this 2 places, people there dont sell for investment, 90% are for own stay. Semi D selling from rm700k now, venture heights near impian ehsan selling now for rm650k from its new price rm420k for a 20 x 70 2 1/2 storey terrace.


Added on July 23, 2012, 10:38 am
QUOTE(Vestor @ Jul 21 2012, 12:18 AM)
Can suggest to developer to name it Condoperi rclxms.gif
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weird, haha wink.gif


Added on July 23, 2012, 10:48 am
QUOTE(bakacupid @ Jul 21 2012, 01:26 AM)
any comment on comparing the iresidence and this new condo in balakong?
after looking at the map, i think iresidence better ler.
1. no cemetery
2. nearer utar

i don c any pros on balakong condo ( if we compare with iresidence)
if u say future MRT, both also have around same distance to MRT.
please comment.. appreciate...


Added on July 21, 2012, 1:29 am
somemore no noise pollution due to not near to highway...
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yup. iresidence will sounds better. but of course price is different much. iresidence still will facing the traffic jam issue. For UTAR student, i dont think they will prefer expensive rental for iresidence later. Those landed 20x65 terrace rental still cheap cheap. Anyway, its a UTAR, not Taylor highend education centre.

Iresidence is the first condo (residential) concept in BMC and sg long. Investment wise is positive. But surround area still consider medium end property.

The new balakong also the first condo (residential + commercial) concept in balakong. Bear in mind, the window in the park by SDB just few stone from this balakong condo. Means its actually will soon surround by medium high or high end property soon. Lake Valley by UDA also just 5km away. high end stuffs. Laville terrace and semi D just completed also few stones away. Yup, set back is the old cemetery and facing highway. but its offer affordable price now. Try to get the same in Kuchai lama or old klang road, minimum starting rm380psft. That is 2-3 years price.

As i says, pro for balakong condo is downstair got retail unit and office unit. Iresidence don have.

Iresidence is perfect for those who missed the deal for this Balakong condo.


Added on July 23, 2012, 10:50 am
QUOTE(ahsoh @ Jul 22 2012, 09:01 PM)
I think daniel mistakenly think this project is suria.
Both develop by same developer.
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Suria Residence is by Suria Land Development

New Condo @ balakong is by Cheras Hong Soon Development

Iresidence is by Myproperty Builder Sdn Bhd


Added on July 23, 2012, 10:52 am
QUOTE(xlancer @ Jul 21 2012, 05:38 PM)
left 20 units. no dibs
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Facing terrace units when release?


Added on July 23, 2012, 11:01 amAll taikors who booked a unit here.

If the developer says loan can go apply and prepare for SNP. Better take note on this.

Althought we got 10% discount, means after signed S&P no need to fork out the 1st 10%, but the 1st billing on completion of earthworks, says 10% will be bill by developer to your bank accordingly. make sure banks aware as late payment will penalty late interest charge.

This post has been edited by peri peri: Jul 23 2012, 11:01 AM
peri peri
post Jul 23 2012, 11:55 AM

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QUOTE(jootat @ Jul 23 2012, 11:36 AM)
Bro, I still don't quite get it. Can explain a little bit more? How to make the bank aware? You mean we need to let the bank know that we got 10% discount from the developer? Thx ya smile.gif
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hi bro, any discount or rebate given by developer actually cannot disclose to bank. Later affecting their valuation during processing of loan. But nowaday internet so advance, just few clicks they already knows what is going on. Any rebate and discount is prohibited by housing authority. Because they do not promote speculation price.

But any how. The bank will need no to know about ur rebate. Because the 10% rebate is between u and the developer to be offset during signing of S&P. The bank only provide you the 90% loan amount on S&P price but not the after discount price. Means win win solution for u and developer. Developer can speculate their remaining unit in future and u get is virtually 100% on loan amount.

But some bank very slow in disbursement of payment to developer according to bill. but 1 thing for sure, once u signed the S&P, the developer will issue the 1st bill on earthwork, says 10%. If bank delay the 10% payment, interest is bear by u to developer. Thats why, choosing the right bank is important.
peri peri
post Jul 23 2012, 02:02 PM

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QUOTE(wchinwai @ Jul 23 2012, 01:47 PM)
Peri
notworthy.gif
You seemed to be very familiar with the new condo @ balakong @ cheras selatan area.
I've been to the construction site and know its near jusco, highway & future lrt (which is good enough for me + low entry costs)....definitely not aware of all those things you mention...thanks again

To those who booked units here...
I recall the SA said that he will assist us to get loans...i am just wondering if your SA said the something similar....
The SA told me once they get AP, they can assist us with loans, S&P (bear by developer)....the most we need to spend is another Rm200-300 for misc....
If the end financiers are providing competitive rates, would it be better to follow their recommendations.
Perhaps once the AP got approved, we can post the rates that each banks are giving out so we can do comparison  tongue.gif
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Hi WChinwai kor,

This is your fisrt unit? haha, no such thing they will assist u on loan. the only thing they can do is help u duplicate ur document and send to developer panel banks for loan offer. Those SA just wants their 2% commission from developer.

Ok, lets have a case study on how much u need to pay each year until complete in 3 years time.

u bought a unit at rm 370k before 10% discount.

U loan from bank for 90% of 370k for 35 years. with BLR -2.4%, estimate each month u need to pay rm 1500 provided if the loan amount all disburse to developer 1 shot. This only applicable to completed unit. But for new launch like this, estimated 1st year every month pays rm500-600, 2nd years every month 1000-1200 and 3rd years every month 1300 to 1500. Because no DIBS, those interest are much much higher for the 1st 10 years.

Although SPA is free, u still need to pay for legal loan fee + Stamp duty. Estimated before discount for these service is rm 10k. U can always ask ur bank to include this to ur loan finance. but bear in mind, interest is high for the 1st 10 years

For disbursement upon completion, u need to pay for the TNB and syabas deposit, and other misc fee. Estimated to ready rm3k for that.

As conclusion.

Serving installment for the 1st 3 years is around = rm35,000

legal fee + stamp duty = rm 10k

disbursement fee = rm 3k

legal fee for MOT(strada title) = rm 5k

Reno fee + fittings + furnitures = not included yet

So, be careful and plan your finance ahead.


Added on July 23, 2012, 2:16 pmAll taikors here with 2nd or 3rd property, better start plan your eligible of loan. not sure 70% LTV for resident or 85% LTV for commercial. The SA said this land is under residential, but how come got retail outlet and office?

Anyone can call Ms Koh from Cheras Hoong Soon Development to confirm this? If 85% still ok. but 70% is abit off.

This post has been edited by peri peri: Jul 23 2012, 02:30 PM
peri peri
post Jul 23 2012, 03:49 PM

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no problem, we all share and learn


Added on July 23, 2012, 4:36 pmuser posted image

Target new condo and apartment around balakong and mahkota which near to future MRT

Suria Residence @ BMC by Suria Land Development

Iresidence @ BMC by Myproperty Builder

Natur apartment @ Tun Hussien Onn by Suria Land Development

The Window in The Park @ Tun Hussien Onn by Selangor Dredging Berhad

New Condo @ Balakong by Cheras Hong Soon Development

Good Luck

This post has been edited by peri peri: Jul 23 2012, 04:36 PM
peri peri
post Jul 23 2012, 04:52 PM

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QUOTE(bakacupid @ Jul 23 2012, 04:47 PM)
u know how much is The Window in The Park ? how much psf?
new project also? thx..
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they says after discount is around rm545psft.
peri peri
post Jul 23 2012, 05:25 PM

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QUOTE(bakacupid @ Jul 23 2012, 05:24 PM)
oic... this is not condo right?
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they claimed ia a high end condo dunno mixed with what else and generous greenery
peri peri
post Jul 23 2012, 05:29 PM

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QUOTE(bakacupid @ Jul 23 2012, 05:26 PM)
wah lao e.. RM545psf can buy in subang or pj liao ler..


Added on July 23, 2012, 5:26 pmkuchai also RM400psf only ler..
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subang or pj, alot pak hitam.

kuchai a lot prc
peri peri
post Jul 23 2012, 05:36 PM

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QUOTE(bakacupid @ Jul 23 2012, 05:32 PM)
balakong apa pun tak da.. yet still wan to sell at 545psf.. lolzz.. ahaha
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people SDb is an established listed big company. This is for pancing those millionaire to buy. Dont forget, Columbia hospital is just next door, all rich rich director and doctors will buy to vest.

For your info, today i just saw Tun M sit in BMW with police escort coming out from Mines Country Heights toward putrajaya. Means millionaire and billionaire just 6km away only.
peri peri
post Jul 23 2012, 05:47 PM

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QUOTE(bakacupid @ Jul 23 2012, 05:45 PM)
wah lao...  btw, wat is sdb?
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Selangor Dredging Berhard. Doing all the high end stuffs in ampang and melawati. Previously is a sand digging tycoon.

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