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Investment Window On The Park, By Selangor Dredging Berhad

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Vestor
post Sep 12 2012, 09:02 PM

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QUOTE(Helius @ Sep 11 2012, 04:11 PM)
1st Dead end project by SBC...
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I think SDB also struggling with another project in Puchong ie Laman & Bayu, albeit that one is landed property.

rongfu
post Sep 12 2012, 10:59 PM

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QUOTE(Helius @ Sep 12 2012, 04:03 PM)
How much they are selling psf as per current?????
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600PSF
maverickzack
post Sep 16 2012, 07:57 PM

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Hi guys,

Just went around Bandar Tun Hussein Onn area, wonder if you notice there's a lake/pond at the back of WOTP? A pretty big one, based on the map, it seems bigger than Lake Valley. At the end of the road (Where the entrance is), there is some commercial development going on! (shops, mini market, cafes, restaurant), think of it the location seem quite well located. (Opposite of the entrance are the small hill.)

By the way, below is the updated chart of both Block A and C, take a look as attached.
Block A - 40-50% sold/booked
Block C - 70-80% sold/booked

They are getting the AP approved most probably next week, then loan will be resumed.
They targeting to launch block B year end with 10-15% increased, as well as more free stuffs.

(Natur - Just went to see their 'show gallery', ..it's terrible, although most units has been sold out like about 95% now. Mostly are chinese owners)
(Altitude 346 - Still sold about 60% or less, guess its very much affected by SUKE highway, although their location is more convenient, I wouldn't say their location is better.)

I think its gonna be a good investment.. I trust my own evaluation.

Additional info:
LAMAN & BAYU all units has been sold out accept those larger units - bungalows.

This post has been edited by maverickzack: Sep 16 2012, 07:59 PM


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Helius
post Sep 16 2012, 09:00 PM

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QUOTE(maverickzack @ Sep 16 2012, 07:57 PM)
Hi guys,

Just went around Bandar Tun Hussein Onn area, wonder if you notice there's a lake/pond at the back of WOTP? A pretty big one, based on the map, it seems bigger than Lake Valley. At the end of the road (Where the entrance is), there is some commercial development going on! (shops, mini market, cafes, restaurant), think of it the location seem quite well located. (Opposite of the entrance are the small hill.)

By the way, below is the updated chart of both Block A and C, take a look as attached.
Block A - 40-50% sold/booked
Block C - 70-80% sold/booked

They are getting the AP approved most probably next week, then loan will be resumed.
They targeting to launch block B year end with 10-15% increased, as well as more free stuffs.

(Natur - Just went to see their 'show gallery', ..it's terrible, although most units has been sold out like about 95% now. Mostly are chinese owners)
(Altitude 346 - Still sold about 60% or less, guess its very much affected by SUKE highway, although their location is more convenient, I wouldn't say their location is better.)

I think its gonna be a good investment.. I trust my own evaluation.

Additional info:
LAMAN & BAYU all units has been sold out accept those larger units - bungalows.
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I'm pretty sure u are someone related to this developer. Anyway, the main concern is that WOTP for block C already koyak...

If u want me to buy this property with the price of 600psf, I will choose the same character of the project called "Saville @ The Park" at bangsar south...

They are selling only at 550 psf, and if u buy WOTP because of their theme of "Park"? I can tell u government is developing this 60 aches forest as central park for public recreational activities... It just fall next to this condos developed by MKH within walking distance....

The main plus point is this fall into superb prime location, bangsar south which UOA is selling 800psf above.... The potential return is superb good...




danielisme
post Sep 16 2012, 10:20 PM

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You want jogging at public park at early morning , becareful snatch theft and raper la...


Added on September 16, 2012, 10:22 pmSouth bangsa , pantai dalam got la

This post has been edited by danielisme: Sep 16 2012, 10:22 PM
Helius
post Sep 16 2012, 10:57 PM

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QUOTE(danielisme @ Sep 16 2012, 10:20 PM)
You want jogging at public park at early morning , becareful snatch theft and raper la...


Added on September 16, 2012, 10:22 pmSouth bangsa , pantai dalam got la
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Pantai dalam at bangsar south... 5 min to midvalley...

550psf, judge urself... Potentially great investment return in next 5 yrs...

Developer confirm at least 30% appreciation after VP... Plus point, even IJM invested 30 ache land next to saville@ the park, bangsar south.... Master plan IJM is to build superlink and villas township....IJM proposed to sell at least 700psf for the only condos next to saville@ the park, bangsar south...

Non bumi lot less than 30% left with developer...
maverickzack
post Sep 16 2012, 11:01 PM

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QUOTE(Helius @ Sep 16 2012, 09:00 PM)
I'm pretty sure u are someone related to this developer. Anyway, the main concern is that WOTP for block C already koyak...

If u want me to buy this property with the price of 600psf, I will choose the same character of the project called "Saville @ The Park" at bangsar south...

They are selling only at 550 psf, and if u buy WOTP because of their theme of "Park"? I can tell u government is developing this 60 aches forest as central park for public recreational activities... It just fall next to this condos developed by MKH within walking distance....

The main plus point is this fall into superb prime location, bangsar south which UOA is selling 800psf above.... The potential return is superb good...
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Bro, first of all, nope I've no relation at all with any SDB guy, I just like the development. As simple as that, as I bought it for own stay and long term investment. Just sharing my opinion.

My judgement is based on development in that area, honestly I do think there's much better choice if it's solely for investment reason only.

I've no problem running at public park, as I do it all the time, on the road, day and night (real runners, don't run in the park, it's too small, no matter how big it is) I like the concept of it in the park, as I'm a nature guy, love to have a large space surrounded by trees and i can run safely with girls(mom, sister, Gf, wife)

I do agree Bangsar south is a pretty good location though but I do not want to live in a city center, landscape changed so fast, the next minute you know it, there's another condo blocking your view. But bro, seriously again I've seen many developments but nothing has a layout like WOTP, no weird corners and bad taste / cheap looking built in cabinets, wardrobe and doors. The unique part of WOTP, it doesnt look like other condos that used up all the space, like they have to squeeze up all the facilities into one small area.
Helius
post Sep 16 2012, 11:11 PM

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If u r the block A or B will definitely a good place to stay though...
ahmai2332
post Sep 16 2012, 11:26 PM

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Know that SDB - big lady boss is very very trust in Feng Shui. So for WTOP, sure she is already got Feng Shui Consult.

because i had ask some Feng Shui consult. The result is good. (but depend personal)

Early, i had notice that why 916 sf have a pillar between cooking hob & water sink? So wasting the space.

Now i only know why.

Chinese always say, kitchen water sink and cooking hob dont put at same row. Fire & water is "Chong". Is it purposely design the pillar between both??
maverickzack
post Sep 16 2012, 11:37 PM

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QUOTE(Helius @ Sep 16 2012, 11:11 PM)
If u r the block A or B will definitely a good place to stay though...
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Yeap, I guess so.. I don't really like Block C either, I never really check out the 900+sqf units, as it too small for me, I never like studio style / 1 room living space, like buying a 2 seats car, a little inconvenient(Although I driving a satria neo). I guess its best for renting out but good thing is, you're sharing the park with lower maintenance fee thats all. To me having the children playground next to those units, are really a negative thing.

So Block C never cross my mind. The only bad thing you can think of WOTP for block A and B - Its really seem a bit overpriced, but buying something you really like, its hard to get.

By the way, I'm a designer, I believe in that I'm not just buying a space for living but a space that well thought out. The other developer that I pretty impressed of - Exsim, developments in Bt Jalil and Sg Besi.

Big developers like IJM, UOA...offer quality stuffs too but seem lacking something always, when you look into the details.


Added on September 16, 2012, 11:41 pm
QUOTE(ahmai2332 @ Sep 16 2012, 11:26 PM)
Know that SDB - big lady boss is very very trust in Feng Shui. So for WTOP, sure she is already got Feng Shui Consult.

because i had ask some Feng Shui consult. The result is good. (but depend personal)

Early, i had notice that why 916 sf have a pillar between cooking hob & water sink? So wasting the space.

Now i only know why.

Chinese always say, kitchen water sink and cooking hob dont put at same row. Fire & water is "Chong". Is it purposely design the pillar between both??
*
But they have the sink and cooker on the same row for Block A - 1680sqft wet kitchen... surprisingly...
Although I don't care much about feng shui, but I knew about that.

I like the surrounding, one side is gonna be a commercial area, one side is facing the hill (Free visitor parking space) and the other side are facing the lake/pond, so at least, most probably they will be no high rise blocking views in the future.

This post has been edited by maverickzack: Sep 16 2012, 11:41 PM
Chris Chew
post Sep 16 2012, 11:42 PM

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QUOTE(Helius @ Sep 16 2012, 10:57 PM)
Pantai dalam at bangsar south... 5 min to midvalley...

550psf, judge urself... Potentially great investment return in next 5 yrs...

Developer confirm at least 30% appreciation after VP... Plus point, even IJM invested 30 ache land next to saville@ the park, bangsar south.... Master plan IJM is to build superlink and villas township....IJM proposed to sell at least 700psf for the only condos next to saville@ the park, bangsar south...

Non bumi lot less than 30% left with developer...
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RM 550 psf for MKJ is not low, probably maybe UOA or perhaps match the price.

Thre are room for appreciation if this area can be booming into coming years, but the margin is just a question. If market can sustain in next 3-4 years, not only WOTP or Saville, any new launches would also make reap profit.

But for a developer to say confirm 30% profit upin VP, it is just a mere selling tool. Nobody can guarantee at least 30% profit in future.

Moreover, since IJM is coming on the next land, its great to boost the Bangsar South/Pantai Dalam vicnitu but also u have to put this way, IJM will creates an competition to increase more supply too.



rongfu
post Sep 16 2012, 11:46 PM

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Block A and B adalah Kondo Kos Tinggi
Block C adalah Apartment Kos Serdehana.

Apartment, Kos Serderhana price reserved by goverment is 100K only.
But SDB sell at 500K+ per unit .... WTF ?
maverickzack
post Sep 17 2012, 12:15 AM

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QUOTE(rongfu @ Sep 16 2012, 11:46 PM)
Block A and B adalah Kondo Kos Tinggi
Block C adalah Apartment Kos Serdehana.

Apartment, Kos Serderhana price reserved by goverment is 100K only.
But SDB sell at 500K+ per unit .... WTF  ?
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We will find out soon. Guess we all wait another week, guess the problem will be solved. Block C seem not much units left.

Note: Not to forget to inform you guys, 10% increased for Block C. Block A still remain the same.

This post has been edited by maverickzack: Sep 17 2012, 12:23 AM
ToNy LoW
post Sep 17 2012, 11:32 PM

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Hey guys, just wanna check over here, anyone of u confirmed got O/L from bank for this WOTP? blink.gif
Can get 90% ?? icon_question.gif
One of my banker friend to me that every bank know developer offer already, not easy to get 90% !!! doh.gif
ecin
post Sep 17 2012, 11:35 PM

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QUOTE(ToNy LoW @ Sep 17 2012, 11:32 PM)
Hey guys, just wanna check over here, anyone of u confirmed got O/L from bank for this WOTP?  blink.gif
Can get 90% ??  icon_question.gif
One of my banker friend to me that every bank know developer offer already, not easy to get 90% !!!  doh.gif
*
Because of the C thingie?
Helius
post Sep 17 2012, 11:44 PM

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Today pay a visit to the sales office, found many have withdraw thei booking and now at least 20% left....

Seem developer can't find any bank to finance block C....
ToNy LoW
post Sep 17 2012, 11:46 PM

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QUOTE(ecin @ Sep 17 2012, 11:35 PM)
Because of the C thingie?
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No... All the unit! My banker friend told me if developer offer -10% discount, they will base on on after discounted purchase price for loan up to 90%!!! doh.gif
ecin
post Sep 18 2012, 01:04 AM

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QUOTE(ToNy LoW @ Sep 17 2012, 11:46 PM)
No... All the unit! My banker friend told me if developer offer -10% discount, they will base on on after discounted purchase price for loan up to 90%!!!  doh.gif
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IMHO, this way of bank financing, personally, I think it's fair enough and safer .. For people who really can't fork out 10%, they shouldn't buy this .. Go for those within their budget looks more proper.
My 2 cents.
Dsd2011
post Sep 18 2012, 09:47 AM

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One ngong 9 9 Kia here act as fake ex buyer of wotp and keep telling bad on wotp .

This post has been edited by Dsd2011: Sep 18 2012, 09:52 AM
tongying
post Sep 18 2012, 10:39 AM

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Yeah i agree with you. That fella really ngong 9 9 one...

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