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Investment Ivory Residence @ Mutiara Heights, Kajang, by TLS, share your opinions here

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Talbac
post Nov 2 2012, 03:21 PM

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QUOTE(shawnk @ Nov 1 2012, 04:09 PM)
PBB only 85% for IR. MV gets 90% from PBB?
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Mutiara Villa and Ivory Residence both also maximum 85% from Public bank.

If confirm want to apply for 90%, can try Maybank, HSBC, Affin, CIMB, ING. . The SA have a complete list of which bank offers 85% max, and which bank offers 90% max.

Ivory Residence is on The Star today!

This post has been edited by Talbac: Nov 2 2012, 03:24 PM
Talbac
post Nov 2 2012, 06:37 PM

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QUOTE(shawn82 @ Nov 2 2012, 06:36 PM)
i got cimb 90%, just approved yesterday.
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that's awesome! congrats!


Talbac
post Nov 3 2012, 05:29 PM

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QUOTE(twincharger07 @ Nov 3 2012, 02:50 PM)
den your guess is wrong... A fren just did booking for a less than 400k unit yesterday.. last heard left 60 units... 3rd block not launch yet..
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congrats! better to book yesterday than today, today the sale office is crowded!
Talbac
post Nov 3 2012, 05:54 PM

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QUOTE(eksk86 @ Nov 3 2012, 05:40 PM)
Are they still selling with the same early bird promo? 1% dp, 9% disc, free this and that etc
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It's still early! just launched today!


Added on November 3, 2012, 5:56 pm
QUOTE(twincharger07 @ Nov 3 2012, 05:52 PM)
1 of the hot prop to buy this year IMHO due to its lower price and building on an upcoming area in Kajang..
This is a newer part of Kajang with surrounded by higher end landed properties ..

This prop easily attracts young buyers who grow up in Kajang.. There are tonnes of younger group living in Kajang n Semenyih.. since new landed now price 400k to 1mil, sub 400k condos is much more easily digested compare to those new launches.. moreover, we are seeing a new wave where younger gen enjoy staying in highrise..

Only thing is the heavy traffic along the mainroad and as of current and its the only access, and also the dangerous U-turn for those who are heading towards Tesco direction. In future, it is safer to build a flyover U turn so that drivers can do U turn by keeping to the left rather than U turn on the faster lane.. Prima Saujana Paparich is one of my favorite hang out and I always have to press hard on my gas when I exit from the U turn since its on the faster lane.. Drivers along the road are crazy, most cars are moving at high speed..  shakehead.gif
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you must be quite a coffee person judging by your profile pic. I heard the council is planning for a flyover at Saujana Impian traffic light. That would be awesome, let's just wait for the next election and ask for it. tongue.gif

This post has been edited by Talbac: Nov 3 2012, 05:56 PM
Talbac
post Nov 4 2012, 02:45 PM

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QUOTE(twincharger07 @ Nov 4 2012, 02:34 PM)
lease?
Ivory demand so good, before completion already got potential tenant..
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I think ahloy84 has eaten some letters. did he mean release?

This post has been edited by Talbac: Nov 4 2012, 02:54 PM
Talbac
post Nov 4 2012, 03:39 PM

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QUOTE(d_trinity14 @ Nov 4 2012, 03:29 PM)
Can't wait for the MRT to be ready ...
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the MRT works has reached the Kajang SILK exit from Jalan Cheras already. superb speed.
Talbac
post Nov 5 2012, 10:02 AM

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QUOTE(twincharger07 @ Nov 4 2012, 09:39 PM)
are you sure you can still get back the original block A price when the unit is release to you?  hmm.gif

Nasi lemak? nowadays this early bookers request as much as 5k for quick bucks.. lol..
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5K cash for 15K discount on property still a good deal.

Better than a meal of nasi lemak for 15k discount on property. lol
Talbac
post Nov 5 2012, 05:49 PM

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QUOTE(ahloy84 @ Nov 5 2012, 04:12 PM)
is all the unit for kajang view facing west?? who get kajang view here???


Added on November 5, 2012, 4:57 pmI just booked my unit in block A 16 floor facing kajang view... do u all think its better for me to buy blok B for better view even with 15k more expensive?
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Both view also the same, stick with block A since it is cheaper. Just my opinion.

This post has been edited by Talbac: Nov 5 2012, 05:55 PM
Talbac
post Nov 9 2012, 09:18 AM

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QUOTE(aod1984 @ Nov 9 2012, 03:08 AM)
Any reason why suddenly everyone letting go?
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The only reason they want to let go is their loan cannot go through but they still want to to make quick money.

The developer promises refund in the event if the loan doesn't go through, so why need to let go here unless they are looking to take some quick money.

The developer doesn't allow to change name also, so no point re-selling it in the forum.


Talbac
post Nov 9 2012, 01:54 PM

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QUOTE(syaz80 @ Nov 9 2012, 01:45 PM)
Hi guys, just got to know my loan approved at 90% for 40 years by ambank. Lock in period 3 years. But on condition MUST take MRTA. I am not too happy taking MRTA. Need your opinion. Shall I take up the offer or look for loan at other banks?
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congrats! 90% for 40years is the best offer anyone can expect.

MRTA is to cover the repayment risk of your family members, should anything bad happen to you, the MRTA will repay all the outstanding loan on behalf for your family members.

If you are already adequately covered by life insurance (ie say life insurance can cover 300K) then you may not want to take MRTA, but again, that life insurance amount is only enough for the outstanding loan for the house, there will be nothing left to the family members.

Supposed you could include the MRTA into your loan the repayment should not amount to much every month, but it will be a great peace of mind for yourself and family.

I personnally think it is good to have MRTA covered, imagine leaving loads of debts to repay should anything bad happen.

This post has been edited by Talbac: Nov 9 2012, 02:01 PM
Talbac
post Nov 15 2012, 10:26 AM

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QUOTE(NoDoubt Leong @ Nov 14 2012, 11:40 PM)
Hi, I booked my unit on d eve of launching day and just got my loan approved today by Maybank. For u guys still 50/50 out there, Chinese has a phrase "rob while it's hot"... I've been regret 4 years ago when I decided not to proceed with 'the zest @ bk9 ' puchong, which the subsale price shot up by almost 80% by now... Bare in mind, 4 years ago bk9 is nothing but just a piece of land neighbouring kinara golf club and facing a industrial area. But today bk9 is well developed with those gated community like semi d, double/triple storey and high rise condo... So guys, tunggu apa lagi???


Added on November 15, 2012, 12:02 am

Ya I agreed, I'll go for a NEW factor!!! Just like Desa Park City or SP Setia Eco Park...
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I agree with NoDoubt Leong and Twinscharger.Renovations and repair works are very very costly, a little bit of repair work also costs a fortune. Those who buy old landed houses for 400K better factor in those repairs costs just in case over-budget.

1. Repair works and renovations must be financed by cash, no loan provided.

2. You have to be your own contractor supervising the repair jobs. In the end, if you managed to get any savings at all, you must be actually a contractor by trade. If you are not a contractor specialist, you have very slim chance of not getting chopped.

3. Now, do we count the salary for supervising our own house's repair work? If you are wage-earner, it is the worth of your foregone leaves, bonus, or commission if you are commission based. And days of golf outings if you are a business owner.

The current going price for new 2-storey landed in Kajang on average is 550K-700K. This specific area (Saujana Impian, Prima Saujana, Mutiara Heights, Kajang Groove), due to its proximity to Cheras, various highways, good township planning, and established commercial centre, new 2-storey landed property is going at 711K (please refer to the brisk sale Acacia of NAZA Groove).

My future house at Mutiara Villa, a 3-storey superlink (located next to Ivory Residence, what more evidence do you need) which I newly bought from TLS Group costs RM900K, and all are sold out within 2 months. Please do not mistake yesteryears' price to today's price.

RM275/per sq ft is very cheap by today's standards, Jade Hills condo is selling at RM382/per sq ft, Kajang Sentral Residence RM350/per sq ft. If you are looking to make money, Ivory Residence is a good choice, lots room for appreciation. A 30% appreciation will require the price to hit RM357/ sq ft by year 2015 which is easily achieveable as there are already condos in Kajang selling at RM350-RM382 / per sq ft today!

RM275/ sq ft is the price for year 2015, today you only pay 1%, then progressive interest monthly which in total will not exceed 4% of your purchase price. You do not pay full amount in these 3 years during construction, and you don't need the hassle to maintain the property during 3 years.

What you know for sure the housing in Cheras/Kajang area will be more expensive (no more land already) 3years later (2015), and not returing to levels 3years earlier (2009). House price will be better, rental market will be better.

I say if you were to invest your first property into Kajang, look no further than Ivory Residence.

This post has been edited by Talbac: Nov 15 2012, 10:29 AM
Talbac
post Nov 15 2012, 01:48 PM

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QUOTE(iamgoodman @ Nov 15 2012, 11:18 AM)
well said ler.....

i am actually searching around all klang valley with budget only at 400k..... thats why cant think much on kl centre properties d.....

based on all the sifu's opinions here.... what u guys think of the appreciation rate in kajang properties compared to puchong, cheras area....
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If you were to compare the appreciation rate between Puchong Cheras and Kajang, given that the developer is reputable, the appreciation of Puchong and Cheras were tremendous, even better than Kajang a couple of years back.

But now is a different story because Puchong and Cheras already very matured, the high appreciation already realised. Buying Kajang now is better as it is still comparatively cheap and still much room to grow.

Saujana Impian, Prima Saujana, Kajang Groove & Mutiara Heights are all directly accessible via Jalan Cheras highway, hence it is more of an extension of Cheras rather than Kajang itself, (9mins from Phoenix Plaza, and also can arrive without going into Kajang town) making it the most strategic location in Kajang.
Talbac
post Nov 16 2012, 03:53 PM

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QUOTE(d_trinity14 @ Nov 16 2012, 01:45 PM)
Old but Chinese area, close to highway exit, nearby all amenities, 5 minutes to Kajang town, 35 mins to town.. ; ) and don't forget Tls office is there too... Hehehe I love it..
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d_trinity a property addict? Do you want more properties?? Why not just stay inside the showroom, can get your daily dose of new property review. haha

Talbac
post Nov 16 2012, 05:22 PM

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QUOTE(tikaram @ Nov 16 2012, 04:04 PM)
Kajang Sentral

I have also done some finding.

kajang  Sentral is build on hill slope wo......hill slope is low land meah? The acess is limited meah? just next to silk highway wo. Ivory is so jam on the persiaran saujana, so many traffic light and slow moving track/lorry. ( unless the silk highway open on the palm walk section)

not walking distance meah? very subjective la. . I have try wo. Walk on this kajang sentral, go to this dsl taman, and follow the road next to the rail track.

not walking distance meah? very subjective la. . I have try wo. Walk on this kajang sentral, go to this dsl taman, and follow the road next to the rail track.

to avoid the subjective. like your "  at least 20 minutes"

In Malaysia basic rules is  "usually less than 1km we generally saying is walking distance "

check this    " Only 700m away from the KTM and the upcoming KVMRT station  from http://www.iproperty.com.my/developments/d...w.aspx?pid=2433  "

Jade Hill.

if you are saying 380 is expensive... U will notice in next launch price will be 480 psf and maybe also selling like hot cake like Ivory  Residence.


Added on November 16, 2012, 4:15 pm
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Thanks Tikaram for the useful input, I thought you bought Kajang Sentral Residence, did you also buy Jade Hill condo? I think it is really expensive even if at RM380/psf, what more RM480/psf. If fact, the more you discuss about the price, the more I feel Ivory Residence at RM275/psf is a good buy.

Walking distance's journey time is relative, the path walking towards the future station is not very pedestrian friendly, with steep slopes, missing walking path, and old quiet residential road which didn't feel safe, hence maybe iheartchannel says it feels like '20minutes' even though it is only 1km.

I still think buying at RM275/psf and sell for 30% profit at RM350/psf is easier than buying at RM480psf and selling it for 30% profit at RM624/psf.
After all, price is a major consideration for return on investment. If buy too high hard to make money.

On top of that, Ivory Residence has the most modern building outlook of all, located behind the thriving township of Prima Saujana which has existing Standard Chartered bank, 4petrol stations, Giant hypermarket, various chains-store, McD, PappaRich, Ayamas, Pizza Hut future Tutti Frutti etc. If anything, Prima Saujana will be more likely to be the next bangsar of Kajang rather than Jade Hills at Bukit Angkat.

Doesn't the McD and petrol stations at the entrance of Prima Saujana remind you of Bangsar's McD and petrol stations??

Kajang Sentral Residence was launched way before Ivory Residence and much of it were already discussed in the relevant trend.


Talbac
post Nov 16 2012, 05:32 PM

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QUOTE(twincharger07 @ Nov 16 2012, 05:29 PM)
Talbac seems know wat i am talking about..  nod.gif
its not about the distance, there is more to it..
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hey, you think you are the only person having lived in Kajang all your life? smile.gif I graduated from Holy Family kindergarten next to Convert Girl school you know!

This post has been edited by Talbac: Nov 16 2012, 05:33 PM
Talbac
post Nov 17 2012, 10:12 AM

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QUOTE(twins9 @ Nov 17 2012, 07:03 AM)
If going from Ivory to Cheras Sentral, which route is faster?  Ivory to Silk to Saga toll or Ivory to Cheras Kajang Saga toll direct?  Thanks.
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definitely Jalan Cheras via Cheras Kajang Saga faster! twins been visiting every single project within 20km from your house! Windows On the Park or Ivory Residence?

NoDoubt Leong - > I have asked for feedback from my friend who has bought Ixora Apartment from TLS Group, he's happy with the workmanship and the properties are well-maintained. So the historical workmanship of TLS are fine.


Talbac
post Nov 18 2012, 12:34 PM

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QUOTE(iamgoodman @ Nov 18 2012, 12:23 AM)
but, for TLS, they hold their prinsip very strong....... a fren of mine experienced this.... they dont allow u to change name at all but will only released the open units to the waiting list....


Added on November 18, 2012, 12:26 amonce block C launched, i guess block A buyer will earn 30K flip already..... yo!!!!!!
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yeah, TLS is very strict with speculative buying where the buyers book than sell immediately for some ready cash. cannot change name once you book, can only add name.

In a way this is good as it keeps the selling price for genuine buyer low, without having to give undertable money.

but you can't disagree with twincharger, there must be a big cable somewhere short-circuiting to the top of TLS group you know....just that we don't know how!
Talbac
post Nov 19 2012, 03:10 PM

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QUOTE(peri peri @ Nov 19 2012, 09:15 AM)
no worry, maybe next year increment u got 20% raised? That time u will regret why dont grab 2 units earlier
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I think it's easier to achieve 20% increment in property price than 20% increment in salary.
Talbac
post Dec 7 2012, 11:33 AM

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QUOTE(iamgoodman @ Dec 6 2012, 03:57 PM)
look like there are a lot a lot of loan reject... many ppl just try their luck since booking fee is only 1k, and just pay almost 4K to own a unit, thats really attractive...

this property suits for those small potato investor like me.. biggrin.gif
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well, Journey of A Thousand Miles starts with a Single Step.

This is your first step towards becoming a multi-millionaire property tycoon!
Talbac
post Dec 9 2012, 12:06 PM

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QUOTE(Manlet @ Dec 8 2012, 09:20 PM)
cuse the facility and view lo, romantic ma stay high high  laugh.gif , and not me choose one, my mom choose and buy for me as a surprise, she say she pay installment till i graduate laugh.gif
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so lucky to have such good mother! Well, she probably sees that by the time you want to buy house to stay with your wife, the same property would have cost a lot more!

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