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 Alam impian Pentas Superlink V2, Pentas series discussion

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AMINT
post Mar 12 2013, 11:13 AM

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QUOTE(Lionking1900 @ Mar 12 2013, 09:56 AM)
Ini macam dekat bandar utama...... SHC developer?
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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
AMINT
post Mar 12 2013, 01:01 PM

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QUOTE(UFO-ET @ Mar 12 2013, 12:55 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.
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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
AMINT
post Mar 12 2013, 01:35 PM

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QUOTE(UFO-ET @ Mar 12 2013, 01:29 PM)
The population in Kinrara is 2X larger than AI (when both comes to maturity date), I am quite sure AI will be a repeat of Bdr Kinrara.
Unlike residential property in which the value will appreciate due to factors like location, G&G, self sustainable township decelopment, facade, practical layout and building quality.
Shoplot success factor is very much to do with the developer's ability to design tenant mix and pull key tenants in, on top of that, mkt catchment, buying power and "NUMBER" of shoplots is very important. Location is still no so important to me.
In between Bdr Rimbayu and AI, BR has much more potential.
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yeah. I forgot to mention the 2 other factors:

1) Numbes of shoplots (based on my findings, need at least 150 units with 1.5 times parking lots)
2) Market catchment (need to have minimum 150k within 10km radius)

These are based on my findings. However, may not be true all the time. I based my findings on Subang Jaya, Puchong, Seremban, Nilai. So lets discuss on these 2. shoplots in 1 row like the one currently is rubbish. We need something like bandar puteri puchong, taipan usj, bandar puchong jaya type. lots of units in one area for place to be ong.

on market catchment, i think it is enough to meet minimum requirement, right once everybody moves in? however it will still remain a low density area like kota kemuning. for me that is good enough.

This post has been edited by AMINT: Mar 12 2013, 01:36 PM
AMINT
post Mar 12 2013, 02:02 PM

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QUOTE(M2K2Land @ Mar 12 2013, 01:56 PM)
Now change liao izzit? Setia Alam Mall ada GSC tongue.gif
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U8 bukit jelutong also got cinema. I-city also got cinema.
AMINT
post Mar 12 2013, 05:24 PM

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QUOTE(karseng @ Mar 12 2013, 05:22 PM)
Someone would say nobody care Freehold or Leasehold.
IMO, I will put it concern a Freehold for House but Lease/Freehold for Shop.

I not care Shop is L/H, as long as good amenities, higher demand, more transact & good rental income. But sure not for House.

Assume for certain Shop in matured township at Pandan Indah, Taman Segar-Leisure Mall, Taman Connaught, Sri Damansara, Kepong-Carrefour, Desa Park City, USJ Taipan, Bandar Sunway, SS15, SS2, Kota Damansara, Setapak Genting Klang, Puchong IOI and others. There is township with mixed Freehold & Leasehold.
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Really dont care about leasehold commercial? What if you wanna dispose later on? Leasehold wong area wont appreciate as much as freehold wong area.
AMINT
post Mar 13 2013, 10:41 PM

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QUOTE(karseng @ Mar 13 2013, 04:45 PM)
Why should I care that about Leasehold commercial?

I assume ong place like Kuchai Entrepreneur Park, if L/H sale 1.5mil(Grd Flr) & F/H sale 1.8mil(Grd Flr). Then what should I to worry? Price will offer base on L/H Slightly cheap but still have market valued.

Nothing to Disposed. IMO that later on in AI build shopping mall, I prefer PARKSON, instead of AEON.
The reason for Parkson become better, improved alot & good reputation. AEON still a good chance but I found surrounding Klang Valley too many branch in 2012. That bring competitive & not attract visitor within short distance around Bkt Tinggi Klang, Pyramid Jusco, Setia Alam & etc.

Or you got better opinion to share !!
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I think it depends on individual's strategy. Here is my strategy for commercial. Buy freehold with high rental with all the qualities needed.Once every 5 years, i want some money to play more and more or i am tired of keep investing and wanna buy a sportscar like R35 gtr for instance. I dont have to sell this commercial but all i need to do is to refinance. Being tenanted at high rental, i would probably get some sizeable amount of money. So i just refinance after doing some risk assessment vs rental. Lets say i wanna milk every 10 years or 20 years later when my children wanna go overseas to study, i can easily do it. Try to do that with a leasehold. If u buy with low lease already and wanna implement this method, u will have a hard time if lease is low already. This is my pov. Unless if die die wanna go with leasehold, need to buy with high lease period. However u will still be limited in years to come.

And lets say in 30 years time, I think I may be very old and before I die, I wanna buy a lamborghini. Hmmm, lets sell the property. If freehold, no issue. If leasehold, oh shit, got problem to sell. tongue.gif

This post has been edited by AMINT: Mar 14 2013, 12:19 AM
AMINT
post Mar 14 2013, 01:25 AM

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QUOTE(Chris Chew @ Mar 14 2013, 01:09 AM)
Yes, honestly, it is up to somebody personal strategy and long term planning.

For commercial, long term planning is needed and it is not easy as condo, buy and flip immediately ( where as might be doesn't look easy later on ) and much tougher to predict compare to landed house like Pentas or Temasya, because commercial can be dying for 1-2 years and rocks to the top in few months time, it is the matter of holding power as well as the quality of the owners of the lots surrounding you before the quality of the tenants rent from these owners.

For me, Freehold or Leasehold doesn't make bigger effect anymore, since I believe the current FH price is btw high and very high, so in terms of general appreciation, when future buyers unable to afford freehold properties, they might sacrifice to buy leasehold property at the next same door development, well, that's me, I used to worry Leasehold prop a lot but no longer doubt it after research with some gurus and market monitoring recently of the launches pricing.

If I able to generate more income from prop appreciation in next 3-4 years, I might consider rent it out and do the refinancing to cash out for further game, say, collecting 30% cash out from my current crops, I would definitely prepare to enter commercial one day, just too worry, anything would worth or shout 4-5mil minimum.

I am much prefer commercial, completed and matured with good tenant ready, ROI doesn't necessary to be high but ensure the tenant comes easily to fill it up, it is part of the immediate income to buy further, hehehehhee.

Too many under construction no good, cannot buy further during this cool period.
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yeah, what you said is workable.However it is easily workable if the lease period is still substantial. If your property lease is less than 50 years left, you might face problem to refinance or sell. Most probably, u will just take the rentals until it is time to renew. may be ur grandchildren's time to renew if everything goes well.

All these issue, you wont face with freehold commercial. and yeah freehold commercial may be crazily expensive but people may still be interested if rental could cover installment, depending on his/her objective. This is why I see people still buy RM3-4 mil commercial even though expensive. Just my point of view. As what you said, really depends on one's strategy
AMINT
post Mar 14 2013, 03:20 PM

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Hahaha. First time i hear shoplot there not exciting because of 90% malai. Go to bangi, shah alam. Based on my findings and what i think, the shop there too few le. Cannot prosper. Go to tun hussein beside carrefour. Thriving, right? Got banks there including citibank
AMINT
post Mar 14 2013, 04:35 PM

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QUOTE(Amisya2 @ Mar 14 2013, 01:33 PM)
Ya Lorr...kita semua orang malaysia kan. Even though they try to play the racial issue from up there, down here, nobody cares about race any more. My daughter's BFF is a chinese and my son's awek also chinese...Hahahahaha and we get along very well together. They come to our house and lepak2 and my children go to their house to lepak2. rclxms.gif  thumbup.gif
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Ur family sounds like my family smile.gif
AMINT
post Mar 14 2013, 11:30 PM

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QUOTE(asura108 @ Mar 14 2013, 11:22 PM)
Maggi mee perisa ayam pun sedap.. well at least they hv to open up places for people to go and eat.. malas everytime go kk or klang to get food
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I am sure u open one restaurant here, lets say a mamak near the commercial shoplots that will be situated near the lake, it can draw some crowd.
AMINT
post Mar 20 2013, 06:22 PM

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wahhhh thanks Danielp for the pictures. Nice of you to take them and posted them here. Yeah, the other day, my bro also saw the smoke and said when he arrived at pentas, there was no smell. what a relief.


However, lets keep complaining to MBSA. haiya benci la ini keje.

This post has been edited by AMINT: Mar 20 2013, 06:59 PM
AMINT
post Mar 20 2013, 07:47 PM

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QUOTE(jeghui @ Mar 20 2013, 07:45 PM)
encik amin decided to stay in Pentas? tongue.gif
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Encik Amint masih serabut memikirkannya. hahah. Encik Jeghui nak duduk Rimbayu kan? heheh
AMINT
post Mar 20 2013, 08:04 PM

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QUOTE(jeghui @ Mar 20 2013, 08:00 PM)
Encik Jeg harap utk pulang ke Malaysia selepas 5 tahun... haha
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Hahahah. Encik Amint pun tak menentu lagi ni. Mungkin balik lagi 2 tahun or sambung lagi di luar. tongue.gif
AMINT
post Mar 21 2013, 10:36 AM

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Even though no smell or smoke, I would like to know what sort of affect one will get if one has a swimming pool? I have been talking to some owners. They said if neighbours love to burn rubbish (some kampung still burn), the water in the swimming pool will be in trouble. need more constant check especially on pH. Anybody here knows?
AMINT
post Mar 21 2013, 06:06 PM

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QUOTE(ahken100 @ Mar 21 2013, 05:58 PM)
Never heard that burning rubbish affected to the pool on pH. Unless the pool on outdoor then pH will drop due to sunlight or heavy rain. There need extra chlorine to kill bacteria. Not easy we want to have a swimming pool.

The best idea the pool with cover from sunlight & rain. Now many pool concept is half/full indoor.
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Yeah all owners said after some time, water will be acidic and can eat the cement in between the mosaic. They said burning smoke will act as a catalyst for this. The best way is as per what u said have the a roof for the swimming pool, cover for the pool and if dont mind, opt for liner type.
AMINT
post Mar 22 2013, 11:17 PM

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QUOTE(bengjiun @ Mar 22 2013, 11:03 PM)
ocbc, rhb and cimb..

daily rest and daily compunding is that interest is added to your principal for calculation on daily basis..

daily rest monthly compounding is interest added to your principal on a monthly basis..so technically daily rest monthly compounding will result in overall lower interest payment..
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Really makes a lot of difference?
AMINT
post Mar 24 2013, 11:23 AM

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QUOTE(bengjiun @ Mar 24 2013, 10:16 AM)
I will be getting Pentas 3. Now waiting for the lawyers to send me the snp.

I think the entrance is not aligned to the pillars and the entrance is also more narrow than the pillars? Maybe I am wrong.

Actually I like pentas 2 and 1's facade.
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Bro what is the status of pentas 3 sales? Anyway i checked p1 and 3. Apparently pentas 1 pillar they arranged it so that parking space seems bigger. However p3 pillar is quite thick. A bit hard to fit in 2 sizeable cars

This post has been edited by AMINT: Mar 24 2013, 02:04 PM
AMINT
post Mar 24 2013, 06:04 PM

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QUOTE(jeghui @ Mar 24 2013, 05:52 PM)
25*85 is super duper link. unless mau lawan temasya 28*120. lulz
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Rm2.5-3.1 mil, right? I was interested until i got to know the price.
AMINT
post Mar 24 2013, 07:10 PM

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QUOTE(cheahcw2003 @ Mar 24 2013, 07:01 PM)
Now baru you tahu I&P?
Not long ago we have taikor yang bergaya said :

"I believe I&P has their own set of own ship planning, fr my observation of the last 15 yrs development, I&P does not seems putting "Maximising resources and maximizing profit" as the company priority goal. I&P is more like a non-profit organization who aims to build affordable home for middle income group"
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Huhu. Well, for me i will be frank. U can also find me kutuk almost all developers including i&p, sps, sime darby,mayland etc even though i bought properties from them. But i do feel these developers are more reasonable than others like sunway, mah sing. They usually set a new high on price.
AMINT
post Mar 24 2013, 07:20 PM

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QUOTE(cheahcw2003 @ Mar 24 2013, 07:14 PM)
INP is 100% owned by PNB, and we need to understand why PNB can pay out minimum of 9% dividend p.a. for ASB without fail for the last 20 years.
PNB press so hard on their investees companies to deliver profit and turn it to dividend pay out. PNB is like other mutual funds companies, profit oriented, not the NGO.
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Agreed. All companies are there to make money anyway. I really like the idea that I am supporting PNB coz I am also heavily vested in Asb,as1m,asn etc. I&P = NGO? Huhu

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