QUOTE(oreomambo @ Jul 18 2012, 10:57 AM)
not sure, but will drive thru the area these few days to check it out.Investment Window On The Park, By Selangor Dredging Berhad
Investment Window On The Park, By Selangor Dredging Berhad
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Jul 18 2012, 10:59 AM
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#21
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 23 2012, 11:10 AM
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#22
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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) i heard got smaller unit, 916ft2, will ask the sdb admin in fbThis post has been edited by peri peri: Jul 23 2012, 11:11 AM |
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Jul 23 2012, 11:46 AM
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#23
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(oreomambo @ Jul 23 2012, 11:23 AM) Peri, As expected. With this price tag definitely comes with DIBS. More like attracting investor for future price tag. 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. 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. |
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Jul 23 2012, 12:01 PM
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#24
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 23 2012, 02:08 PM
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#25
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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. 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. 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. With this price tag, cyberjaya and puchong south is offering full furnish and dibs too. Added on July 23, 2012, 4:38 pm ![]() 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 |
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Jul 23 2012, 11:09 PM
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#26
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 24 2012, 08:54 AM
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#27
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 24 2012, 02:38 PM
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#28
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 24 2012, 03:37 PM
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#29
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(ecin @ Jul 24 2012, 03:24 PM) TQ oreo. LoL, u are funneh bro, rich man nowaday dont use gas anymore. they use induction cooker.By the way, what do you mean by "(gas type *hint* cabinets underneat don't even have a place for gas tank)"? Centralized? 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?? still have to pay the 10% downpayment right? i dont see anyone here got post 10% rebate for early bird birdmmhhh... This post has been edited by peri peri: Jul 24 2012, 03:38 PM |
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Jul 24 2012, 08:10 PM
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#30
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
come home and got the invitation letter redi
![]() 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 |
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Jul 24 2012, 08:39 PM
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#31
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
dependent, because my salary still not more than rm10k
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Jul 25 2012, 10:14 AM
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#32
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(Vestor @ Jul 25 2012, 10:04 AM) Waaa nice papa....this is for her education fund or "ka chong"? kg baru balakong still got a lot of rich parents hiding. more to mushroom out when even more premium development hit balakong soon.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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Jul 25 2012, 10:42 AM
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#33
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 25 2012, 11:56 AM
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#34
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(yoki @ Jul 25 2012, 10:54 AM) how much is the average psf? can sdb make it... matured area and near to future MRT?cheras wor....record breaking wor 800k for a condo, for this address other than attractive entry, what are other pull factors? Added on July 25, 2012, 11:58 am QUOTE(oreomambo @ Jul 25 2012, 10:50 AM) hmmm, very tempting, even got dibs, even got half furnished. Hmmmm This post has been edited by peri peri: Jul 25 2012, 11:58 AM |
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Jul 26 2012, 02:45 PM
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#35
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(ryansiow87 @ Jul 26 2012, 10:39 AM) 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 |
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Jul 26 2012, 03:43 PM
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#36
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 26 2012, 04:20 PM
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#37
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 26 2012, 04:32 PM
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#38
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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Jul 26 2012, 04:38 PM
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#39
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
QUOTE(tikaram @ Jul 26 2012, 04:35 PM) What could be the problem of this I risendence not good selling hot like balakong condo? most important, BMC access need to be improve to cater future trafficexpensive - slightly only location so so - commercial bomming laste this 2 years in BMC high density - yeah, abit too much |
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Jul 26 2012, 04:39 PM
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#40
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11,943 posts Joined: Mar 2012 From: Kuala Lumpur |
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? 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) dont forget go check out the Natur Apartment by Suria Land Development in Tun Hussien Onn too, just nearby SDB condo This post has been edited by peri peri: Jul 26 2012, 04:41 PM |
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