Another article on benefits of green spaces.

project evergreen

This post has been edited by aberdeen: Dec 11 2013, 06:22 PM

Ritz Carlton Millenia Singapore ...some similarity with WOTP...the big windows/archways

I am quite new in this forum, and hv just invested in WOTP. Noticed there are 4 a 5 other WOTP owners in the forum. Any other WOTP owners out there? Pls take a moment to say hi! :-)

According to the SA, Block C 100% sold, Block A 90% sold and Block B 40% sold.

SA said past 2 weeks sales very good....DIBS still available till end of this year.

I think is great if there are more prestigious and luxurious developments surrounding the area, it will make the area more upscale, and may become Cheras's " hottest" neighbourhood, favour by professionals and families.

I am sure if and when it become a much sought after upperclass residential area, the good and excellent amenities will follow suit nearby....UDA Town Park may become a thriving commercial hub with fine dining, pubs, entertainment outlets etc...may hv more health care facilities, international school, Motessori schools.....these will happen if there are demands.

What abt C180? Is it a happening place?

I think there are sufficient shops in the Town Park to serve the BTHO community...however...to be a good commercial hub, it will have to offer a good mix of shops and food places, beside some major banks, it must have some lovely shops and restaurants, cafes, bakeries, pharmacy,convenience stores, DIY, IT & Digital..etc...and the must have for the "tai tai" are hair, nail, facial, make-up, weight management salons....if they want a Prada or LV..sorry they hv to go to Pavillion.
A no..no.. is a mega mall on your doorstep...you will pay a price in term of traffic jam and shortage of parking places...Alam Damai can hv them..
Another no..no..is car service centre...nowadays there are everywhere, taking up precious parking spaces in front of their shops...and you really don't want to hv fine dinning with the smell of rubber tires, grease and exhaust fumes...
Of course all these are only my wish list...others may hv different wish list...some may love the rubber smell...hahaha

MRT update....line 1 (Sg Buloh - Kajang) is proceeding smoothly on schedule...comes 2017 when the SBK Line is completed, properties in the vicinity of MRT stations will be in great demand. The high number of passengers using MRT will give rise to plenty of new business opportunities of all kinds in the vicinity of MRT stations....is proven in Singapore, Hong Kong & Taiwan.

MRT Line 2 (Sg Buloh-Serdang-Putra Jaya) I believe will go on as planned, exact alignment of the line hv yet to be finalised.....understand that there may be a station on line 2 that is close to WOTP.....it will be a double blessing for WOTP residents if it comes true.

Great news! With easy access to these 2 MRT Lines, just imagine how convenient it is for WOTP residents....we will be able to reach most major areas of the Greater KL/Klang Valley region by using the MRT public transport network. Without a doubt, WOTP is in a great location....while property markets can rise and fall, no one can take a great location from you.

I was told a wealth management company has bought 100 units of signature suites at SDB's The Hub development at a price of Rm950 - Rm1000 psf
SDB's Sqwhere SOVO price from Rm700 psf, latest more than 90% sold...
Sqwhere service apartments, will be launched next year, heard is going for rm800 psf onwards...

SDB's products does not come cheap.....but looking at the price of WOTP of rm500+ psf, and come with big parkland and earthquake resistant.and the 5 sustainable features..is really value for money....some condos in Ipoh, Malacca and even in Kota Bahru, are already selling for rm500 and above psf. Those buyers who bought WOTP early at below rm500 psf.....untung lor...

Want to buy WOTP? Better hurry .....when the final one is sold, it will be difficult to find another rare gem like WOTP.
I was told, what are left are only big units.....you really need a deep-pocket to get one.....there are a lot of people out there with deep-deep-pocket....no problem

This post has been edited by aberdeen: Dec 19 2013, 04:53 PM

Rugi liao...a golden egg opportunity falls onto your lap and you let it slip by...if you like the location, you may want to go for Lumiere, just next door with same green concept I think...anyone know when is it going to be launched and how much psf? If I am not mistaken, foreigners can only buy property that is above 1 million from next year.

Is difficult for human life to last beyond 100 years, not building, even for highrise....unless there is an earthquake...Lumiere will fall flat...WOTP will still stand tall in BTHO...earthquake resistant ma....

I guess it will make no difference between LH and FH if you are a person who live life in the moment...is all about living like there is no tomorrow. If you find a perfect property and want to live in the property till death, why worry whether is LH or FH...you probably won't outlast the lease.

The issues of a leasehold being a diminishing asset, let the future generations worry about them, not you. If they are smart, they will know how to tackle all the legal issues and get the lease extended.

No worry, be happy!

I agree that generally, FH properties are preferred as their values are usually more stable. However, the government can still take back FH land under the Land Acquisition Act, to be developed for public purposes, such as the MRT project or economic developments. Some FH land can still carry some restrictions as they are converted from leasehold...need to read the documents carefully.

Sometimes, the location, pricing and the quality and brand of developers carries more weight among property investors than land tenure...and even for some people the feng shui of the overall site is the top priority.

I believe at least half of developments launched in the KV are leasehold properties, and some are selling like hot cakes.

Is property a good hedge against inflation?
One of the reasons why I bought WOTP is to hedge against inflation. Looking at the various hikes in prices from sugar to tolls and the falling RM, I expect inflation rate to be high in the coming years. This will gradually erodes the value of money over the coming years. Don't forget the GST is also coming soon.
However, not all people agree that property is a good hedge.
Would you like to share your view?

In my opinion, renting out WOTP units is not difficult as it meets most of the things renters look for..
1. Location - most important, close to city, transportation, easy access, shopping, food and entertaiment
2. Well designed floor plan - open floor plan with open space encompassing the kitchen, family room, and dining room
3. Available parking - incredibly important..designated covered car park
4. Large windows/natural light - no one wants to live in a cave...natual light will make the property look warmer and inviting
5. Outdoor space - lots of green and trees
6. Low crime rate in the neighbourhood

The big question here is whether you are able to get a rental yield of 5-6%? If you can get that, can it be considered good?
No idea what is the crime rate in BTHO....anyone know the figure?

Driving around, the place looks safe...not like some Tamans where every corner you take you will see a sign hanging " Beware of snatch theives"

From what I see and heard so far, the area in Cheras South is stable with steady growth...so patience is key...is definitely a nice neighbourhood to stay.

Why must we treat Ang Mohs as a higher class human being...have to be white...anything else is a compromise...always think white first rather then asian, even their farts smell better.

We better wake up...now is a different world...the western economies has now just realise that they need the Chinese consumers to power their growth in the next decade. The Chinese are buying properties all over the world, including in Malaysia, and mostly in cash!
The Ang Mohs are doing everything possible to win the wallet of today Chinese consumers, including the Koreans and Japanese. Maybe we should target these groups of tenants.