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Investment My first home property investment: Flora Damansara, Advise, Feedback, & Comments?

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pekanmy
post Oct 29 2014, 04:12 PM

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Long time didn't come here. About two years ago I said that for a good unit, the price will go up to RM185K - RM210K in a year and a friend who just bought 2 units said only in 2 years time. Now after 2 years, for a good unit the price is around RM220K -RM240K (850sf non-bumi with covered parking).

By the end of next year the price for a good unit of 850sf non-bumi with covered parking will be RM270K - RM295K. See you again next year.


PandaTPP
post Dec 3 2014, 11:39 AM

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Noticed tat the BLOCK E/F/H lobby being re-painted, and road pot-holes touched up.

Not sure was the JMB's good work or other individuals contribution, coz no anouncement/notice from management office. However, whoever was, Thank you so much anyway rclxms.gif

Basically our Flora is slowly improving, the unit price oso slowly go up by average 35k/year/unit since 2011.
SephirothLee
post Dec 3 2014, 12:35 PM

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i think flora damansara has a very terrible demographics, i think if ur a purchaser, its best to accept the apartment as it is. any improvement in management is a bonus and not part of expectation.


corleone74
post Dec 3 2014, 03:22 PM

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QUOTE(SephirothLee @ Dec 3 2014, 12:35 PM)
i think flora damansara has a very terrible demographics, i think if ur a purchaser, its best to accept the apartment as it is. any improvement in management is a bonus and not part of expectation.
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True. if buying flora damansara, don't expect concierge services blink.gif
johndisaster
post Dec 3 2014, 03:38 PM

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at this price nowadays n at this location... where to get ??
SephirothLee
post Dec 3 2014, 04:26 PM

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QUOTE(johndisaster @ Dec 3 2014, 04:38 PM)
at this price nowadays n at this location... where to get ??
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there is a reason this location got such price.....investment ok for cash flow
u better think clearly if this is for home, espcially if u have children.

PandaTPP
post Dec 3 2014, 04:53 PM

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Yeah, We are now talking about the kind of property u can get 850sqft below rm300k in PJ prime area. I dun see why young couples like to say cannot afford to buy a house in PJ prime area like Damansara Perdana.. hohoho.

Luckly i manage to buy 1 b4 the price shoot up recently. I stay here 2 yrs+ already, so far so so OK for me.

However tis is not a place for rich ppl, but good enof for those household total income less than < rm5k/month.

p/s : investors are not advisible to look around flora
chester816
post Dec 3 2014, 04:59 PM

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Block H, High Floor for Sale

1080 sf , 3 rooms 2 bathrooms

Highest Block, Facing Mountain ( Green view )

inclusive 1 basement car park

Contact me for details.

Direct Owner.
frequency
post Dec 3 2014, 05:02 PM

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It is about management and unity of residents

Few years ago my sis got 1 unit in Happy Mansion PJ Sec17 which is famous for foreigners/students, and become laughing stock of friends relatives.

And I personally stayed there for 2 years nothing too bad, windy (since facing a big field), convenient to get food, grocery, LRT bus pickup point.

Recently with the help from MBPJ and State Assembly Man, the apartment has revived, new lift new paint new cctv... price shoot up~things changed

I even heard there is an expat from UM moved in recently.

There are some other apartments in PJ prime area which I believe quite good for own stay : Lily Apartment (300k) and generate good rental yield

This post has been edited by frequency: Dec 3 2014, 05:04 PM
johndisaster
post Dec 3 2014, 05:42 PM

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with such high prices property all around, ppls are looking at this lower end places and make it more liveable. things are getting better rclxms.gif
LMN9997
post Dec 3 2014, 10:33 PM

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Good to hear that you hav made the right choice wink.gif Potentially 300k soon after the completion of EMpire City 1 and 2.

QUOTE(lilac @ Sep 23 2014, 09:26 AM)
Yes it has!  rclxms.gif A lot of owners are taking initiative to support each other now.
There are even floor representatives on each floor to better assist the people staying there smile.gif
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PandaTPP
post Dec 4 2014, 04:08 PM

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I tested my friend wer i took tat photos, no one could hv guess tats Flora's view biggrin.gif biggrin.gif

thumbup.gif




Attached thumbnail(s)
Attached Image Attached Image Attached Image
LMN9997
post Jan 6 2015, 02:59 PM

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QUOTE(PandaTPP @ Dec 4 2014, 04:08 PM)
I tested my friend wer i took tat photos, no one could hv guess tats Flora's view  biggrin.gif  biggrin.gif

thumbup.gif
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rclxms.gif
leftist
post Jan 6 2015, 05:11 PM

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may i know the maintenance fee for flora?..guess its different based on unit size rite?
SUSlowya
post Mar 26 2015, 07:51 PM

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Can i ask Block H got how many floor and total units?
ekudz
post Aug 4 2015, 04:52 PM

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lots of issue with flora .. car stolen almost every week this year .. car smash .. parking issue .. lift issue .. house break in .. price set by agent now 200-250k and this is bull .. u need to live there for several days and u will know why i said bull ..
world_traveler
post Aug 28 2015, 04:24 PM

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QUOTE(ekudz @ Aug 4 2015, 04:52 PM)
lots of issue with flora .. car stolen almost every week this year .. car smash .. parking issue .. lift issue .. house break in .. price set by agent now 200-250k and this is bull .. u need to live there for several days and u will know why i said bull ..
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It goes back to square again??? Thought there has been improvement done and things become better? Anyone might to share the latest condition and development there? Thanks.
ekudz
post Aug 28 2015, 06:47 PM

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QUOTE(world_traveler @ Aug 28 2015, 04:24 PM)
It goes back to square again??? Thought there has been improvement done and things become better? Anyone might to share the latest condition and development there? Thanks.
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for me there's an improvement but not as fast as we hope for .. previously flora facing issue with Syabas because previous mgmt didnt pay water bil for years .. due to discussion JMC and Syabas they able to setup installment scheme but until when? even TNB threaten last month to cut off .. so there's lot of cons .. and yes i lived in flora .. for renting ok .. but to raise a family .. think more than twice .. there's no playground .. even swimming pool become aedes pool .. try come inside flora and see the traffic
lai_dm
post Aug 29 2015, 01:11 PM

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after so many years , still got unit sell <200k for 850sqf
i dun see any improvement for this property
syahidie
post Oct 5 2015, 11:27 PM

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Flora Damansara @ Damansara Perdana Fully Furnished For Sale !!
- Leasehold
- Bumi Lot
- 650 Sqft
- 3 Room 2 Bathroom
- 1 Reserve Parking
- Level 13A Block B
- Fully Furnished
- RM150K (Negotiable)

Interested please call syah 019-3657184

https://www.facebook.com/permalink.php?stor...978862742142320

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