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Investment Window On The Park, By Selangor Dredging Berhad

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stardust00
post Nov 9 2013, 02:56 PM

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Went to the showroom last week, really impressed by their park concept.
The layout is really one of the selling point. The elongated balcony + sliding window makes the living and dining area look more spacious. Plus it's a SDB product, so tempting!

However the smallest unit for block b is selling for 900k which I think it's not east to take.

The SA told me that the 1685 unit almost fully taken. Larger units still got a lot.
BTW , he mentioned that the DIBS is no longer available for the remaining units but I thought DIBS is only not available for the future project but won't affect those projects that offer DIBS before the Budget 2014. Anyone can confirm?

stardust00
post Nov 9 2013, 03:14 PM

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Ya, it's the PCR (progress cash reward) thing. You can get a fixed amount cash back every three months. You pay first and claim from developer.

But the thing is it's a fixed amount cash back throughout the project, but the interest charged will be based on cumulative progressive payment to the bank, which means that I still have to fork out some money for the interests even after deducting the rebate. Now the package not so attractive compared to the previous one.

Haih ...missed out the good opportunity.
stardust00
post Nov 15 2013, 02:10 PM

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I really like the WOTP and am thinking to get 1 unit for own stay. But the cheapest unit available now I believe is 900k+ which is not cheap at all so I need to really consider all the pro and con. I have been following this thread so I know roughly the pros and cons.

The reason I still hold myself from getting it is that I work in klcc area so the time needed to travel back and forth daily will be of big concern. I wonder how bad the traffic would be in the peak hour, say 6.30am and 6.30pm onwards. One hour can reach the destination?
Any other route besides the jalan cheras-kajang?

Your opinion is appreciated.

stardust00
post Nov 15 2013, 02:25 PM

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QUOTE(HELLO HELLO @ Nov 15 2013, 02:17 PM)
use silk highway.. quite easy and straight forward... only 20km from wotp to klcc. 6.30am traffic consider ok.
but 6.30pm onwards from klcc to wotp .... traffic quite bad. only hope is wait until mrt completed by year 2017. the traffic should be ok gua.
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Thanks bro. smile.gif

Another reason holding me back is the appreciation.
Just like what were pointed out by you and doomdoom gor, i wonder how much psf will appreciate once vp.
I don't see 1 mil condo will be norm in near future.
stardust00
post Nov 15 2013, 04:37 PM

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QUOTE(doomdoom @ Nov 15 2013, 03:58 PM)
actually in my humble opinion, it is consider fair price from SDB product...not say good in investment, but it's reasonable price for this kind of spacious condo and of course SDB quality....

if i like condo living style, SDB product is one the the top 3 choices...
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I have heard of SDB since few years back as my previous office was in wisma selangor dredging in jalan ampang. Sdb has showroom for their property like 20trees.
That time I only know that their property price is damn high in terms of absolute price, so the sdb brand=quality never cross my mind.

Talking about top developer in terms of quality, value for money or overall rating, which developer are on the list for you guys?


stardust00
post Nov 15 2013, 08:02 PM

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QUOTE(urb7 @ Nov 15 2013, 05:03 PM)
Let me tell you a story from my personal experience brows.gif

When Ameera Residences was launched in SS2, like many, I was wowed by the show unit, the finishing, and the whole lifestyle that they were offering. I still remember people were saying, "Are you crazy? RM290psf in SS2 facing low cost flat? Good luck to your investment!". So because of this, I put off from purchasing a unit.

It was only in 2009, I revisited the development and that time they had a mock unit of the unsold types, and when I checked it out, I was impressed with the actual workmanship, and the layout, so I decided to bite the bullet, at a premium of 50k as the price has increased.

Fast forward to present day, did I make the right choice? Totally 100%. Apart from the capital appreciation, Ameera is still one of their best products yet, considering the size and design, and the purchase price, you really get value, the value that SDB had created. Yes, they had the usual teething issues of delay of defect rectification, and some other issues, but at the end of the day, SDB creates a lifestyle, and the hardware (ie, the building design, the product) that is different from the rest.

So if you think you want to own the product for own stay but at a premium price, I'd say it will be worth it because it's what you will be going home to every day. And for that reason, going to home Ameera was a joy because from the moment you enter the guardhouse through to the classy lift lobby, to your corridor which is sleek and timeless, you will truly feel you have found a home.

And that's my story for now. Sekian!
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Thanks for sharing smile.gif

Yes, wotp is indeed a ideal place to stay if one like the condo living.
If it wasn't for the traffic concern, I would have bought it during impromptu visit to their show unit last time. Love at first sight wub.gif
Now still in dilemma whether to get it or not hmm.gif

To me, I like their layout, long balcony and of course the park.
I hope the park will be well maintained in future coz this is the main selling point for this condo but it can be challenging.
I also prefer to have less facilities in order to reduce the maintenance cost. Less facilities might not appeal to some ppl but sometimes if too many facilities but under utilized then it's a waste. But not sure about the cost to maintain the big park. Maybe landscaping lagi mahal? hmm.gif
stardust00
post Nov 15 2013, 08:48 PM

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QUOTE(Kvsual @ Nov 15 2013, 08:16 PM)
If you really like it, i suggest you to decide it fast as It's one of its kind in Klangvalley, hardly cant find big park greenery high rise concept (Cloudtree does have a park next to the clubhouse, but not directly infront of balcony)

I was regretted not to take up the drop off units early this year when the psf still low at 480-500psf, 720Kplus for the 1694sf, and now you can get the same size with that price.
And now almost new props (medium-high end) launch with the same psf as WOTP.
Im getting the CT with same psf (480psf) as WOTP but cheaper in total price due to smaller size of 1269sf/1550sf,
hope for the best that developer wil deliver the same outcome as promised.

Get the WOTP if you have the bullet! dont miss da boat~
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I have checked out the CT and Vina too. The CT does look nice in design and come with smaller unit which is more affordable compared to WOTP. But I guess the SDB brand attracts me more given the same psf but of course with higher absolute price.
The maintenance fee will be hefty for 16xx sqft compared to smaller unit if they increase the fee in future. sweat.gif

It's true that the psf for new condo launched recently in cheras increase significantly. And this makes the WOTP really worth the money if one can afford bcoz of the SDB branding thumbup.gif

OT: what's the status for CT now? Last time saw in the thread that some ppl mentioned the developer has not gotten ap yet?
Yup finger crossed that the developer can deliver as what have been promised.

BTW, can WOTP owner clarify if you need to pay monthly rental for the car park ? The SA told me no need but I still have doubt if he bluff me.
stardust00
post Nov 15 2013, 09:17 PM

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QUOTE(Kvsual @ Nov 15 2013, 09:05 PM)
Carpark rental? nope la, free 2 carpark for owners ma, why stil ned to pay rental for carpark. It might happens to those commercial land/development..

Yea definitely higher cost of maintenance, differ of Rm128 ((WOTP1694X0.30) - (CT1269X0.30)) (including sinking funds).  Higher due to the larger size, or maybe the cost of maintainin the Park..  CT also has a park to be maintained. so the lower costs definitely more affordable. Target to different owners.
Yea no doubt the SDB brand is reputable, so I just take my bet/risk on CT Developer. Pray! hope they can deliver muchmuch much better than 1 sentul & Alam puri.

According to SA, launch by this month. brochures and stuff ready soon and now can apply Loan. But mostly buyers wil get all confirmed info durin launch before apply loan and sign S&P.
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Err...I actually came across the car park rental thing in WOTP thread if I remember correctly. That sounds ridiculous to me too but some sifus here said the car park rental is quite common in other SDB property. It's like rm35 per car park lot per month I think blink.gif . Then someone said will check with developer regarding that. Not sure if this has been sorted out hmm.gif

stardust00
post Nov 16 2013, 12:42 AM

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QUOTE(HELLO HELLO @ Nov 16 2013, 12:08 AM)
rm35 is the carpark maintenance fee.(calculate according the carpark size) not rental. it's ok for me. mostly tandem.
(fair mah... buy more carparks pay more maintenance lor)

block C owner carpark still will remain park at block C. just some carparks are closer to block A.
a lot miss understood.. mostly everyone tot block c owner need to park at block A. actually not.
after you get the car park plan you will see clearly from there.
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Ok, so the rm35 is the car park maintenance fee. I presume that is not included in the rm0.275/sqft maintenance fee right?

I personally feel that is a bit ridiculous to fork out extra bucks for the car park every month. The SA told me no monthly rental for car park which is true in this case coz that's maintenance fee not rental... I'll check again with SA.

Do u by any chance know where is the car park for block b? I guess should be at block b?
stardust00
post Nov 18 2013, 08:28 PM

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QUOTE(HELLO HELLO @ Nov 18 2013, 06:21 PM)
the more i think the more i regret never buy wotp block A 1685sf.....  cry.gif  cry.gif  cry.gif

pictures of five stones garden and large unit...
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If u don't mind paying higher price, u still can get 1685 sqft unit for block b I think. Price after discount is about 900k. 2 weeks ago still have 2 units, now not sure if still available.

Went to the five stones yesterday, the facade really nice I must say, love it. But outsider can't go in I think.
Hmm...am thinking to call an agent to have a look inside.

From the pic, those trees in five stones not mature yet but the pool and the lawn look nice. Wonder how it would be in wotp with larger park...imagine the greenery in such a big park...must be fantastic!
stardust00
post Nov 22 2013, 01:02 PM

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QUOTE(aberdeen @ Nov 22 2013, 12:52 PM)
It should be in the region of 900k after discount.
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917k after 8% discount.
stardust00
post Dec 15 2013, 06:43 PM

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QUOTE(aberdeen @ Dec 15 2013, 01:41 PM)
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.
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I think it will take quite long time for it to become so called much sought after upperclass residential area if that ever happens. No doubt there are existing bungalows and new semi-ds nearby wotp which kinda give u high class residential feel. But the current amenities nearby just not enough to bring up that area (surprised to see citibank set up there), many shoplots are not vacant from what i have observed. Not to mention there are low medium cost apartments scattered around which are not well maintained (e.g next to vina).

I found Alam Damai nearby gives me more so called high class feel. Roads are wide and nice (only recently), many trees along the main road. Not sure how is the commercial doing there though.

Yes, a commercial hub is needed to bring up BTHO. Hopefully the UDA town park is able to lift that place to another level.

BTW I'm not familiar with BTHO, these are just what I observed when I went site survey there.

The wotp is definitely a good project. No doubt.
Just my 2 cents.

stardust00
post Dec 15 2013, 06:50 PM

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QUOTE(Little War @ Dec 15 2013, 06:27 PM)
I believe the flattened land in this picture next to WOTP is lumiere  rclxms.gif
Well. i think at night it has their crowd. but during the day its an empty shell. most of the shops are vacant.. its suited more towards night life i believe.

There are few more service residence coming up in alam damai also. but not launched yet.
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Ok so the land next to wotp is lumiere. Was told by SA previouly that either commercial or semi-d light factory will be built there...

 

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