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Investment Window On The Park, By Selangor Dredging Berhad

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TSperi peri
post Jul 18 2012, 10:59 AM

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QUOTE(oreomambo @ Jul 18 2012, 10:57 AM)
Peri, they've setup a site sales office near that location?
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not sure, but will drive thru the area these few days to check it out.
TSperi peri
post Jul 23 2012, 11:10 AM

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Agree, very ambitious price. sounds like 2016 or 2017 price tag after MRT done


Added on July 23, 2012, 11:11 am
QUOTE(Vestor @ Jul 23 2012, 11:10 AM)
What is the smallest unit starts from? 16xx sqft? If so, then it's more suited for premium buyers.
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i heard got smaller unit, 916ft2, will ask the sdb admin in fb

This post has been edited by peri peri: Jul 23 2012, 11:11 AM
TSperi peri
post Jul 23 2012, 11:46 AM

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QUOTE(oreomambo @ Jul 23 2012, 11:23 AM)
Peri,

916sqft is about 53xk before discount. That is  block/tower "C" which is furthest away from the park. One side is facing another apartment, the other side is facing the facility. At about 585 per sqft, there are many other cheaper options out there too other than this project. If you still like this project, one of the better option is to get these smaller unit facing the facility/pool. Obviously, you won't have any "park" view.

This project is mostly for own-stay, and having identify crisis to gear for investments because of steep pricing, yet it offering DIBs.

The final block/tower yet to be launched, but having a good full view of the "park". Naturally, that will also come with godzilla pricing.
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As expected. With this price tag definitely comes with DIBS. More like attracting investor for future price tag.

An example, Connaught Avenue by Akisama. A so called "condo" with 950ft2 layout leasehold starting price less than rm200k in year 2009. Now completed is asking rm 370k.

for this condo, 916k, freehold with rm 530k+ before discount and dibs. looks good for investor.

Says, if this condo comes with fully furnished, some rebate of 5% and dibs. definitely is a BBB .

Low entry, estimated every month only rm 100 to max rm 500 only as the developer had bear most of the interest during the 3 year construction period. So, says free legal + MOT. The capital u need to prepare is the rm 25k 5% down payment (if got 5% rebate now) + rm5k loan legal, + rm 12k to serve the principle during 3 years DIBS + rm 3k for disbursement.

WOW, less rm50k to own a investment prop for another 3 years now. No wonder M residence is selling like hot cake.

A DIBS project is good to vest but with decent rebate now, super great deal.
TSperi peri
post Jul 23 2012, 12:01 PM

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QUOTE(ecin @ Jul 23 2012, 11:49 AM)
freebies / furnish / free maintenance x years?
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this will be the most important factors to determine whether is a BBB for vest, im too waiting other to quote here. DIBS is 1st step redi. haha

This post has been edited by peri peri: Jul 23 2012, 12:02 PM
TSperi peri
post Jul 23 2012, 02:08 PM

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QUOTE(oreomambo @ Jul 23 2012, 01:47 PM)
Yes, it is DIBS, but for the 917sqft, it is selling at 545 per sqft after discount which is still on the high side. You might have an attractive entry cost, but you need a good exit strategy once this unit is done. Else you'll end up leaving this vacant for many months and paying 25 cents per sqft of maintenance fee. May i ask who would be your target tenant or sub sale group type? In that area, you have much limited options. An asking price doesn't mean you could have it sold immediately after many moons, eating up net profit with mortgage and maintenance fee commitment.

There isn't a showroom for a 9xx sqft unit, only the 16xx and 24xx sqft unit. The 9xx sqft unit doesn't come with a balcony too (cos it is so small already). However, it will have the same level of fitting as the other bigger units. Bear in mind that this development isn't giving you fully furnished.

Best to be on site and view it.
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taikor, thanks for ur brief explanation. the rm545psft after discount is definitely very steep. can foreseen any target tenant for an rm2500 rental even after 3 years for this location. The concept is superb but price is abit out.

With this price tag, cyberjaya and puchong south is offering full furnish and dibs too.


Added on July 23, 2012, 4:38 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, 04:38 PM
TSperi peri
post Jul 23 2012, 11:09 PM

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QUOTE(ecin @ Jul 23 2012, 10:52 PM)
LOL ... My uncle quite okay (but not super rich) sold his DSL and moved to condo also, he said upgraded  smile.gif

This project, IMHO, for own-stay as long as you like it, just shoot.
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No bullet, only red eye.
TSperi peri
post Jul 24 2012, 08:54 AM

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QUOTE(Neoh1979 @ Jul 24 2012, 08:52 AM)
Ha ha, yea it's all about guts.
I think it's a good buy...u got to go see b4 making
assumption
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Actually if comes with 10% discount with DIBS and fully furnished, it should be. Now only got DIBS, 50 50
TSperi peri
post Jul 24 2012, 02:38 PM

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QUOTE(CMW123 @ Jul 24 2012, 02:23 PM)
Where is the showroom actually? At the site or SDB office in Jalan Ampang?
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at the site, u can call jefferey as i saw the details from SDB FB page. zero one three - three three six four eight three nine
TSperi peri
post Jul 24 2012, 03:37 PM

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QUOTE(ecin @ Jul 24 2012, 03:24 PM)
TQ oreo.

By the way, what do you mean by "(gas type *hint* cabinets underneat don't even have a place for gas tank)"? Centralized?
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LoL, u are funneh bro, rich man nowaday dont use gas anymore. they use induction cooker.


Added on July 24, 2012, 3:38 pm
QUOTE(seanooi880327 @ Jul 24 2012, 10:40 AM)
Means if can get 90% loan for this project... Mean no downpayment and zero fork out fees to own this project??

mmhhh...
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still have to pay the 10% downpayment right? i dont see anyone here got post 10% rebate for early bird bird

This post has been edited by peri peri: Jul 24 2012, 03:38 PM
TSperi peri
post Jul 24 2012, 08:10 PM

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come home and got the invitation letter redi

user posted image


Added on July 24, 2012, 8:13 pmalready expired only got the post

This post has been edited by peri peri: Jul 24 2012, 08:13 PM
TSperi peri
post Jul 24 2012, 08:39 PM

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dependent, because my salary still not more than rm10k
TSperi peri
post Jul 25 2012, 10:14 AM

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QUOTE(Vestor @ Jul 25 2012, 10:04 AM)
Waaa nice papa....this is for her education fund or "ka chong"?
Very lucky kid nonetheless...
Felt if can hold on long term ie more than five years, then it's good investment to go into the 916unit...by then this condo buy will look like a steal, congrats....
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kg baru balakong still got a lot of rich parents hiding. more to mushroom out when even more premium development hit balakong soon.
TSperi peri
post Jul 25 2012, 10:42 AM

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QUOTE(yankicip @ Jul 25 2012, 09:50 AM)
Booked one. small unit for my daughter.
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can share currently rebate offers for non bumi is how much? 2% or 10%?
TSperi peri
post Jul 25 2012, 11:56 AM

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QUOTE(yoki @ Jul 25 2012, 10:54 AM)
how much is the average psf? can sdb make it...
cheras wor....record breaking wor
800k for a condo, for this address
other than attractive entry, what are other pull factors?
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matured area and near to future MRT?


Added on July 25, 2012, 11:58 am
QUOTE(oreomambo @ Jul 25 2012, 10:50 AM)
Peri, its 10%
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hmmm, very tempting, even got dibs, even got half furnished. Hmmmm hmm.gif

This post has been edited by peri peri: Jul 25 2012, 11:58 AM
TSperi peri
post Jul 26 2012, 02:45 PM

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QUOTE(ryansiow87 @ Jul 26 2012, 10:39 AM)
what is this condo name?
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boutique condo, iresidence by Myproperty Builder. 1st truly condo concept in BMC. no DIBS but good price. got sky lounge and 5% or 10% rebate as my last visit to their sale gallery last 3 weeks. Piling work had started for the front shop lot on site.


Added on July 28 & 29, 2012, 2:46 pmBTW, 27 July is their official launch. claiming will offer special package, not sure what further freebies will be offered out.


Added on July 26, 2012, 2:52 pmis 28 & 29, only light refreshment will be served. no satay

This post has been edited by peri peri: Jul 26 2012, 02:52 PM
TSperi peri
post Jul 26 2012, 03:43 PM

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QUOTE(danielisme @ Jul 26 2012, 03:29 PM)
The best is hong soon /Suria free all you can eat buffet and Carlsberg at launching
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my goodness, i missed that, normally i got invited for roast pork BBQ, bihun goreng, chicky wing and free flow beer when pubs doing anniversary.
TSperi peri
post Jul 26 2012, 04:20 PM

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QUOTE(Neoh1979 @ Jul 26 2012, 04:12 PM)

Added on July 26, 2012, 4:13 pmIf compare I residence vs natur (suria),
I residence is better bet....with facilities n
low density. Natur looks like low cost apartment
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but its had avoided the massive jam in BMC
TSperi peri
post Jul 26 2012, 04:32 PM

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QUOTE(tikaram @ Jul 26 2012, 04:30 PM)
Myproperty Builder Sdn Bhd said got special discount on 28 & 29

Better go and do a visit.

Maybe get 15% discount?
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myproperty workmanship very good. last time their 3 storey semi D oni selling rm600k, now fetch to rm1.2 mill redi inside sg. long. missed that, haiz
TSperi peri
post Jul 26 2012, 04:38 PM

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QUOTE(tikaram @ Jul 26 2012, 04:35 PM)
What could be the problem of this I risendence not good selling hot like balakong condo?

expensive - slightly only
location so so - commercial bomming laste this 2 years in BMC
high density - yeah, abit too much
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most important, BMC access need to be improve to cater future traffic
TSperi peri
post Jul 26 2012, 04:39 PM

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QUOTE(kh8668 @ Jul 26 2012, 04:36 PM)
i received the invitation for private preview..but the date was 22 July 2012. ;( past d. anyone was going?
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is a good buy if u have holding power. SDB product classified as "branded"


Added on July 26, 2012, 4:41 pm
QUOTE(tikaram @ Jul 26 2012, 04:38 PM)
I am going to this window and the iresidence on sunday as both are only 3 km distance
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dont forget go check out the Natur Apartment by Suria Land Development in Tun Hussien Onn too, just nearby SDB condo wink.gif

This post has been edited by peri peri: Jul 26 2012, 04:41 PM

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