Huh? Got meh? Anyway i hope nobody here sells too fast in the market. I got 1 prop, spoilt market value becoz stupid speculators sell too fast in the market. Some also give stupid rental rates. Stupid stupid stupid. Some more this developer implemented "build and sell" concept and launch of phases are around 6 months in between. So too many units available in the market. This prop is in front of a big shopping mall. Huwaaaaa!!!! Gua sudah marah ini macam.

This post has been edited by AMINT: Mar 12 2013, 09:51 AM

Ini macam dekat bandar utama...... SHC developer?

Rental rate is expected below than 3.5% gross I think. P1 VP shd be June 2013, contractor hint.
Unforeseen interruption fr certain parties

AI appreciation for own stay due to built-up area. AI owner need holding power for 5 years minimum.
It b'cz alot empty land for future project here. I&P project since 2006, now 7 years ago. Picking-up like Proton vs Hyundai, where Proton definitely slow.

I suggest AI commercial sale to SPS, then market got hope.

Otherwise market collapse affected surrounding of AI, KK, BR, Botanic and nearby.

Unless the situation is like Bdr Rimbayu where Bumi take up rate is lower than 50% and leasehold title will restrict the transfer.
I am also not sure the different between MJSA and MPSJ, in Kinrara, all f/h Bumi lot can be transferred easily (to non- Bumi) within 5 yrs. I did raise this issue with the person in charge, she said for freehold project, there will be certain % allocated for Bumi buyers, Kinrara project which needs to allocate 30% quota to unit will normally sold / fulfilled by Bumi buyers during the launch, many are I&P associates. If 30% quota is complied during the launching or prior to VP, then Bumi lot can be transferred freely. AI shdn't hv such restriction, anyone fr Kota Kemuning can confirm this?

About leasehold property, my understanding is
- if 1st owner is Bumi, cannot sell to non-Bumi within 5 yrs
- if 1st owner is Bumi, go through "special channel" to sell to non-Bumi within 5 yrs, the subsequent (2nd purchaser) whom is non-Bumi will hv difficulty to sell to another non-Bumi, he has to sell back to Bumi. (Of course there are lawyers out there Ada lubang to do it)



This post has been edited by UFO-ET: Mar 12 2013, 11:00 AM

"......- if 1st owner is Bumi, go through "special channel" to sell to non-Bumi within 5 yrs, the subsequent (2nd purchaser) whom is non-Bumi will hv difficulty to sell to another non-Bumi, he has to sell back to Bumi. (Of course there are lawyers out there Ada lubang to do it)....."

Normally, the lawyer will have to put up a back-to-back agreement. The non-bumi purchaser has do put a caveat to the title for safe guard.

I don't think the title will endorse as "untuk melayu / bumiputra" ?

Land title, i see alot of these endorsement.

But, strata / landed title.....

This post has been edited by Lionking1900: Mar 12 2013, 11:07 AM

I&P AI landed link property is bout 1,950 units only (1,235 acres) compared to Kota Kemuning and Bdr Rimbayu (estimated 5,500 units - 1,879 acres), the density is superbly low for link houses, I can say % speculator in AI is definitely much lower than Bdr Rimbayu, although going very slow, AI Superlink homes has all it takes to appreciate in the future (at least 30% by 2015)
Commercial planning is something very lacking with I&P management, I keep my finger cross that they can turn it like Kota Kemuning / Bkt Rimau.

This post has been edited by UFO-ET: Mar 12 2013, 11:09 AM

I will soon try to sell one of my leasehold prop. I wanna test with a non-bumi. I will let you guys know. My lawyer told me i have no restriction. He validated with developer and land office.

However someone said the issue will be with city council. i have yet to get any confirmation from city council. Btw, i am the first buyer for my leasehold property.

yeah. whatever we do, please do not rent to blackies. strictly no blackies. TTDI alam impian already kicking all blackies.

It is in front of setia city mall bro. Ayu Impian by PKNS. Stupid la too many speculators. It will take some time for market to show cun uptrend. I am not worried though coz there is a huge demand. the question is this: is demand bigger than supply? huhuhu

Then you mean the case like Proton agree sale to Volkswagen or not?
Can't say it sale to, we assume I&P jv SPS this commercial project first. Amenities in every township very important.
1st are bank & restaurant.
2nd is public transport.
3rd is shopping mall.

Probably I&P waiting for condo/apartment VP first then come to next are commercial.

Commercial project shd be launched this year, according to SA.

Last year, they told me will be launched on 2012. now in 2013 already

SA told me in 2011 tesco wants to open here in AI.

What i dun u derstand is why cant they sell the shoplots and have maybank etc. Mau makan pon kena keluar!

The main different between TTDI & I&P in AI is "style of playing football"
TTDI - Attaching forward
I&P - Goalkeeper / or sometimes I even feel that they prefer to be a linesman

This post has been edited by UFO-ET: Mar 12 2013, 12:15 PM

From what I can see, with the existing and current launch of residential area, it is about time for I&P to start with commercial to attract more people moving in to this township. An equilibrium point between residential and commercial must start to kick in. Needless to say the residential houses here is very good and superbly low density, but commercial area like banks, restaurants, etc will be a necessity for daily living. No?

If commercial lot build like few row of shop houses, better don't build. Sore eyes only. Furthermore if nobody occupy you can see sticker paste everywhere looking for tenant or buyer. Very run down, just like those shop outside Bandar Botanic, opposite Jusco.

AI is a very low density township. It will be difficult to have sufficient mass needed to attract commercial players. Many developer can build commercial lots but to make it vibrant only a few i guess.
Unless you are talking abt pocket development where one build it at prime area.

Otherwise it is difficult to find some one who can build from ground zero like SP did for Setia Alam

Yes, sometime low density have a weaken for commercial in township. Example like Bukit Damansara shop can't compete with Bangsar shop. As a businessman, there need to think twice how many are occupied, demand & transaction?

If anyone good closser with bank, there should approach & proposed new branch in AI first. Of course, prefer higher rating like PBB, HLB, Maybank, Citibank & CIMB. Usually bank will attract more demand & crowded within this area. Plus Magnum4D, Toto & Big Sweep... Kena Jackpot boleh buat Full Settlement mine Pentas

This post has been edited by ahken100: Mar 12 2013, 12:57 PM

I am not too much worry on the house pricing in AI. Look at Bdr Kinrara, after 21 yrs of development, the commercial development aspect has been a failure, based on geographical facts in 1997, we predicted that Bdr Kinrara can be the next LCG in Puchong, but it soon replaced by Bdr Puteri as the core business zone.
Until today, Bdr Kinrara still has bout 30 acres of commercial land, I can't see I&P can overturn the position now, nothing much she can do as 2 mega mix developments projects in Bkt Jalil i.e Jalil City and Paradigm OUG mix development (similar size to Mid Valley City) will soon become the new hotspot.
Kinrara landed price is still among the Top 3 most expensive in Puchong, location and accessibility is still the key factor for residential property, AI is sandwiched between, Setia Alam, I-City (North) and Kota Kemuning / Bkt Rimau (South), the position is something like Bdr Kinrara vs Bdr Puteri and Bkt Jalil.

It needs time, 2016.

p/s : For those who is 1st time buying I&P product, you must go to see the finished house.

This post has been edited by UFO-ET: Mar 12 2013, 12:57 PM

Boss, I remember you mentioned commercial by I&P, better dont touch. I am interested in AI shoplots actually due to:

1) I believe AI residents are good money earners judging from price of properties
2) Strategically located and in this area, no nearby banks, restaurants, etc that are needed to support the residents here. Demand is there I believe. To travel to Kota Kemuning is a bit too far for many if wanna just do some simple transactions.


But when u said cannot touch, I am also afraid a bit. Seeing what happened to Kinrara also made me think twice. Will Kinrara situation reoccur in AI?

This post has been edited by AMINT: Mar 12 2013, 01:02 PM