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

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ahbaoahbao
post Jun 5 2012, 09:14 PM

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Could be a good news.. Management is installing the entrance gate at the medium cost blocks.

I am not sure if it is bundled with the smart access card system...


ahbaoahbao
post Jun 6 2012, 10:50 AM

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QUOTE(Alvinyeo @ Jun 5 2012, 09:31 PM)
Recent news ?

When implement ?
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Now is installing, you may go there to take a look. Entrance is at 99 Speed Mart there. But don't know what kind of guard house/entrance will be made...
ahbaoahbao
post Jun 7 2012, 10:09 AM

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QUOTE(dino10chels @ Jun 6 2012, 01:50 PM)
as long as the guard is good n be responsibility then with or without guard house is not a concern... rclxms.gif
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From the observation, it should be a smart access card system.. AGM right? try to double confirm ya..
ahbaoahbao
post Jun 13 2012, 11:53 AM

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How's the output/outcome/minutes/results from AGM? Any nice news? Tq.
ahbaoahbao
post Jun 18 2012, 10:53 AM

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Hmmm... I feel weird when there are/were some ppl "discussing"/criticizing/whatever the value of flora D. that is not as good as other high-end/high-class building..

Be honest. Flora costs less than 200k, so its facility, environment and amenities won't be as good as those bangalows, high-end condo (icon city? sunway south quay?)...

If you expect flora should be as good as those high-end one, then the price is already 300k, 500k or even 1 million...

For me, initially the developer built this block(s) as part of their social responsibilities. They need to take care of those who are poor.. just like us (or me). And of course, have to admit -- lower cost, less facility. Myvi can never compete with BMW 7 series, right?

In PJ/damansara area, those housing/properties with strict security patrol/smart access system, nice and clean environment, well arranged traffic flow and parking system, good-managed and function-well facility... cost u at least 400k or even reach 1 million++...

Flora is improving due to the JMC's hardwork. But in order to see the very significant changes, it takes longer time. By that time, flora won't be as low as <200k... So for those investors, i think they believe that the JMC can improve Flora and when Flora becomes better and better, price increases more and more, they may earn greater and greater.. Vice versa, they need to bear the risk where if Flora becomes worse -- landslide /crimes/frequent lift-breakdown/whatever, they loss their money...

And for those who think Flora is only worth less than 100k (indeed i like it -- pay less), I would appreciate if you can point out any apartment that is similar to flora (in terms of security, facility etc ) but lesser price -- <100k ...

I am not an owner.. I am just a tenant.. Of course I wish to buy a flora unit (medium cost) that is less than 100k -- but if really got one day like this, i believe the condition at that time is much worse than current one -- worse condition, less price, vice versa...


Added on June 18, 2012, 11:08 amIt's just like when we go to 70k flat, we might complain... wow so unmanaged, no lift, sometimes no water, got kes kecurian etc.. if u want nicer (and afford to have), then choose flora -- has lift, "less hardworking" security staff, nicer view, but many foreigners etc; not enough? choose metropolition block C, three tier security, very nice swimming pool, gym and other facilities -- 650k; still not good enough? choose Sunway south quay -- 1 million per unit, got own super big lake, proposed high way, lrt, bet etc... wow...

For me, there is always a proportionality between condition/environment and price... Have to admit -- in the world that plays with "capitalism", that is the reality. But please don't get misunderstood that "hence, I deserve to experience those thieves, burglary, raping cases if i stay in low cost housing/property".. Hehe.. Different story...

QUOTE(ahbaoahbao @ Jun 18 2012, 10:53 AM)
Hmmm... I feel weird when there are/were some ppl "discussing"/criticizing/whatever the value of flora D. that is not as good as other high-end/high-class building..

Be honest. Flora costs less than 200k, so its facility, environment and amenities won't be as good as those bangalows, high-end condo (icon city? sunway south quay?)...

If you expect flora should be as good as those high-end one, then the price is already 300k, 500k or even 1 million...

For me, initially the developer built this block(s) as part of their social responsibilities. They need to take care of those who are poor.. just like us (or me).  And of course, have to admit --  lower cost, less facility. Myvi can never compete with BMW 7 series, right?

In PJ/damansara area, those housing/properties with strict security patrol/smart access system, nice and clean environment, well arranged traffic flow and parking system, good-managed and function-well facility... cost u at least 400k or even reach 1 million++...

Flora is improving due to the JMC's hardwork. But in order to see the very significant changes, it takes longer time. By that time, flora won't be as low as <200k... So for those investors, i think they believe that the JMC can improve Flora and when Flora becomes better and better, price increases more and more, they may earn greater and greater.. Vice versa, they need to bear the risk where if Flora becomes worse -- landslide /crimes/frequent lift-breakdown/whatever, they loss their money...

And for those who think Flora is only worth less than 100k (indeed i like it -- pay less), I would appreciate if you can point out any apartment that is similar to flora (in terms of security, facility etc ) but lesser price -- <100k ... 

I am not an owner.. I am just a tenant.. Of course I wish to buy a flora unit (medium cost) that is less than 100k -- but if really got one day like this, i believe the condition at that time is much worse than current one -- worse condition, less price, vice versa...
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This post has been edited by ahbaoahbao: Jun 18 2012, 11:08 AM
ahbaoahbao
post Jun 18 2012, 12:12 PM

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My two cents: I am a Chinese. But the moment you used that sentence, i feel shakehead.gif ...

Yes, I believe you did not want to voice out any "racist" term, but the way u mentioned was to make ppl feel "aiduh, kenapa nak cakap macam tuu.. tak kan only Chinese mahu good condition... Semua orang nak jugak " 说者无心,听者有意“

I believe ALL people want to stay/buy a better/unconducive nice place; it is related to the budget u have, not the race...

If I am afford to drive BMW with personal guard protection, why do I go for Myvi without personal guard?

If I offend you , sorry for that. But as a Chinese, if I can feel that uneasy statement, for sure other ppl will feel that too...

QUOTE(sakura888 @ Jun 16 2012, 11:20 PM)
then i will tell you back, stop being ignorant ! ( and sensitive too ) My phrase wasnt being aiming at race for that matter ! I didnt say ALL CHINESE, you interpret it yourself. I was just telling based on my observations and feedback. if you feel this is crap, then why bother to reply anymore ? Besides, my comments was a general comments for chinese, stop making drama out of such petty things.

i will change the word, though it wont be accurate anymore  rclxub.gif
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This post has been edited by ahbaoahbao: Jun 18 2012, 12:17 PM
ahbaoahbao
post Jun 22 2012, 08:32 AM

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Yaya, I understood your statement and concern. So basically that one is on business basis -- supply and demand. If the supply price is too high, then they can't sell it.. as majority won't agree by referring to its environment and condition. Vice versa, if the demand is to high, then people would sell at higher price.


QUOTE(sakura888 @ Jun 19 2012, 12:04 AM)



Added on June 22, 2012, 8:39 amFor salary/income below RM5k, bank will refer to their net income (not gross income). So refer to the general benchmark/reference: one third of the net salary as house installment.

(2650-615)/3 = 678. SO you "very comfort" status is RM678. Of course, bank might increase the amount -- depends on your age, type of jobs, risks, card usage, FD placements, etc.. Maybe bank can give u till 1200 or 1000 ( of course -- just my guess).


Wish you all the best and can get the loan. smile.gif




QUOTE(lilac @ Jun 21 2012, 10:33 PM)
I did not mark up the price at all. I bought a corner unit, and it's really not easy to get a loan. Truly disappointing when one after another rejects and it's been delaying the whole process more than a month already!

I have a job with 3K income, minus off EPF & Tax, RM2650 left. Car loan of RM615, and I'd like to apply for 80% loan. But so far the rejection is very disappointing.

However, from what the bank agents are telling me.. this only happens for corner units. Some bankers told me they did process successfully 850sf units for RM160k / 90% loan.

Honestly, it's very tiring. Really hoping that my last bank does not go down on me again like Maybank did after making me wait 3 weeks and telling me approved but last min tell me they don't want to give the letter.

I really really hope things goes smoothly soon before I stuck pulling out my hair waiting for loan approvals.
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Added on June 22, 2012, 8:42 amYup, smart card is RM50 each and car sticker is RM10 each. For intermediate unit, two smart cards are provided. The smart card fee is refundable. One day when u move out/sell etc, you give back the cards and get your refund. So the car sticker, it is "renewable" every year.




QUOTE(Alvinyeo @ Jun 21 2012, 03:53 PM)
My tenants told me to go Management to get access cards and sticker for the entrance of Block D,E,F,H.

rclxms.gif
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This post has been edited by ahbaoahbao: Jun 22 2012, 08:42 AM
ahbaoahbao
post Jun 23 2012, 04:55 PM

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QUOTE(Alvinyeo @ Jun 22 2012, 09:26 AM)
The smart card is for the entrance at the car only ?
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Yup. As what i heard, current plan is to install the entrance gate (and access card) beside the 99 Speed Mart. If the response is good enough, they may move to the next -- swimming pool and common facility. I did ask if management is going to install at lobby etc, the staff said no at this moment.

And, thus, partly it depends on the AGM..
ahbaoahbao
post Jul 2 2012, 10:02 AM

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QUOTE(acbc @ Jun 30 2012, 07:52 PM)
More than 70% residents don't pay their maintenance fees and as a result, management always ran out of funds to maintain the place. Have 2-3 rape cases involving foreigners and locals. 10 cars stolen every 2-3 months. Many abandoned cars left to rot at Block C parking complex. Too many students turning the whole place into a frat house.
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Two months ago (in another topic) you did mention "...Crime infested area. 40 cars stolen monthly. Rape cases every week. Fighting every few months..."

Based on your statements, looks like flora has "improved" a lot within two months, from 40 cars per month becomes 10 cars per 2-month. From 1 rape case per week becomes 2-3 rape cases in total ...

If you can list out the cars stolen or rape cases involved, it might greatly help us to make justification/judgement before we buy/rent Flora units. And May I know how do you know it? Got informed police? before this, 40 cars per month = 480 cars per year -- should inform PEMANDU and PM as well.

Anyway, at least now I understand as the number of stolen cars become less and less, the number of cars become greater and greater and that's why the management wanted to install access card system -- to block the "unwanted cars". As 40 cars stolen per month, I can still even see a lot of cars (unwanted or wanted) parking at flora; access card system is really needed.


ahbaoahbao
post Jul 2 2012, 10:28 AM

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QUOTE(Alvinyeo @ Jul 2 2012, 10:19 AM)
I wonder if we can have a LYN meet up between forum-er for yum cha session ?  thumbup.gif
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Please help to raise out water supply issue in the next AGM. Recently there are water supply disruptions -- 2-3 times per week(block H). this is not a rumour. It is true. It happened frequently (recently).
ahbaoahbao
post Jul 2 2012, 12:55 PM

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QUOTE(lilac @ Jul 2 2012, 10:56 AM)
Yea, I dropped by on Sunday and saw people with buckets of water getting water up to their units.
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I wonder whether it is due to pump faulty or Syabas issue (you know, recently syabas has a lot of issues on water shortage with state government...)
ahbaoahbao
post Jul 9 2012, 12:52 PM

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QUOTE(pekanmy @ Jul 8 2012, 11:44 PM)
Yes it is very dirty mad.gif .  Will take this up in AGM, thanks.
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Actually is there any forum/FB/blog page for Florian to discuss the issue they faced? And to voice out any comment , opinion etc. More like an official page one. So that residents can interact better with management. smile.gif

The "official FB" page looks like no one manages it..
ahbaoahbao
post Jul 15 2012, 05:14 PM

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QUOTE(pekanmy @ Jul 13 2012, 08:13 PM)
Hi Alvinyeo,
Our friend Lilac posted the AGM notis already la tongue.gif
user posted image

But sadly to say I will not make it as I'm still in my home town sad.gif
I think we have to have our pre AGM discussion here. Before that who can make it to the AGM on this Sunday at 10am @ Block F & H dewan.
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Dear all, How's the outcome of the AGM?
ahbaoahbao
post Jul 19 2012, 10:52 AM

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QUOTE(Bali ais @ Jul 18 2012, 08:30 PM)
Thread is dead after AGM..... tongue.gif
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