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.

This post has been edited by oreomambo: Jul 23 2012, 11:24 AM

Is it open for booking already?

Yes, i m sure they welcome booking. Even two mortgage bankers are sitting around the corner waiting for someone with ultraman sized wallet.

For those who are looking for the sales office, there are signage nearby the roads. The kinda exact coordinates is 3.041654,101.754136 which you just stick into your GPS or google map.

That translate to $545/sqft at Bandar Tun Husseion Onn?

No wonder people claimed property going to burst soon.

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.

freebies / furnish / free maintenance x years?

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

850k for the 16xxsqft unit ???
I probably may get another landed would be better...
what a price~~!

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.

This post has been edited by oreomambo: Jul 23 2012, 01:47 PM

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.

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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

Would this still be a good buy?

for own stay go ahead

The 916 sq ft actually comes with balcony.
If u ask me, this is one of a kind development.
Of coz comes with premium price.
Low density with 500 something units about 9
acres landscaping. This is a high risk n
high return project. Not anyone can take.
If I got bullet, will consider...may pull it off
like dpc...

Cannot compare this with DPC.. le.. 0 arce vs 400 arce...

Bro, concept la...not land area. Dpc is township..

OH.. ok ok understand...

Let me think think..

I saw one uncle blooked. A small size.

he run a small factory inside tanming jaya.

He is buying for retirement and downgrade from dsl to condo as sons already moved out.

I think he is the super rich type.

Ya bro...It's suitable for retirement home.
Good for own stay. U won't this anywhere in
cheras....so far as I know

Oh yes, saw wrongly. There is a small balcony at 916sqft unit.

as for high return, i m not too sure about the statement. This is geared towards own stay.

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Added on July 23, 2012, 10:34 pmYou'll see more of these purchased from the seniors as the dsl stairs isn't kind for the knees. Ara Green at Ara Damansara is aiming at these purchasers. Similiar jaw dropping feel on the price but still seeing seniors buying, some with cash obviously due to unable to pick up mortgage loan at this age.


This post has been edited by oreomambo: Jul 23 2012, 10:34 PM

Yea bro, I m so eager to join in
as I can't see any of this kind development
with this small size unit below 500k in kl.
All developers are squeezing the land size
Whilst, sdb has such huge land for just 5 hundred
plus units. Dammmm, my heart itched....Hate this feeling.