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

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Prophunter
post Nov 10 2012, 12:56 AM

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QUOTE(twins9 @ Nov 9 2012, 08:42 PM)
Anyone has the master plan to show where Ivory Residence is in relation to Mutiara Villa?

Thanks.

user posted image
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This one is MV right?



This post has been edited by Prophunter: Nov 10 2012, 12:57 AM
Prophunter
post Nov 14 2012, 08:30 PM

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Any exact location of Ivory Residence? Next to Mutiara Villa issit?
Prophunter
post Nov 14 2012, 09:37 PM

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Most younger generation tend to choose new property because of the "new" factor, discounts everything and they dont mind paying extra for that. everything will be in the loan

Hence the reason why they choose this condo compared to the other landed subsales.

One of the reason why and of course this is my opinion
Prophunter
post Nov 14 2012, 11:01 PM

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QUOTE(iamgoodman @ Nov 14 2012, 10:40 PM)
his "paying extra" meaning that normal kajang properties should stay at 200psf, due to its New factor, so we pay 275psf now... smile.gif is it true ah??
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Yeah, mostly about that. What i meant is not the olddd houses. My point here is 5 years old is considered old.

Well heres the case,

http://www.mudah.my/2+sty+at+saujana+impia...ng-18918337.htm

A 2 storey nearby house landed will fetch around RM398k Nego maybe can get RM370k.

Ask a fresh grad on which one shall they go for. I bet 70% or more will go with the new condo because of the NEW factor. Although around the same price, a new property will definitely be more attractive to the newer gens
Prophunter
post Nov 15 2012, 01:33 PM

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QUOTE(twincharger07 @ Nov 14 2012, 11:11 PM)
aside new, its about financing, start up cost, package, location, amenities, transport, road network, lifestyle, security, layout etc

it depends wat one look for.. maybe buyers dont like the layout, dun like the location and feel not worth to buy.. different ppl value it differently

summore brader, its a bumi lot...
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I know but thats just an example. You can still find a good landed unit with minimal reno at Kajang circa RM400k
Prophunter
post Nov 22 2012, 11:19 PM

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QUOTE(NoDoubt Leong @ Nov 20 2012, 10:43 PM)
I went and checked before, i can see the Prima Saujana area is around 10-15 years old judging from the design of those houses and shops in that area. But don't get confused with their elder neighbour @ Saujana Impian, which is more aging.
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Prima Saujana is newer and the area back there (behind Giant and nearer to the Hills and highway) are definitely new and higher chance for capital appreciation.
Prophunter
post Nov 23 2012, 02:30 AM

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QUOTE(Ziey @ Nov 23 2012, 01:00 AM)
Guys dis morning i received a call from CXMB saying that my loan has been approved:-

-2.35%
Tenure 40 years
rm200 1 time processing fee
rm10.00 monthly fee
90% loan

so anyone got better offer? the banker told me that TLS are urging buyer to get loan ASAP.. saying that TLS will release the unit if buyer delay or refuse to sign any approved loan due to high demand from people.. is it true?

So far TLS offer:-
FREE SPA Legal Fees
FREE Loan Legal Fees
FREE Stamp Duty

is there any other fees that need to be paid other than monthly installment? i assume these 3 will be covered by TLS.. will it stated in the loan offer?

thanks
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Can the release the unit if your SnP has been signed and stamped?
Prophunter
post Nov 24 2012, 01:00 PM

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QUOTE(iamgoodman @ Nov 24 2012, 12:52 PM)
i also asked this question for some time already... but still no response la...

any sifu here pls????
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Not a sifu but usually its 4% of the total price
Prophunter
post Nov 26 2012, 01:54 AM

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Anyone bought this and went for MBSB for loan?
Prophunter
post Nov 28 2012, 12:13 AM

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Sorry to re-ask:

1) MBSB in the panel?
2) Booking fee is refundable if bank reject our loan application?
Prophunter
post Nov 28 2012, 03:42 PM

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QUOTE(shawnk @ Nov 28 2012, 08:42 AM)
1) Did not see MBSB being listed as panel bank. You may try to call TLS to confirm but chances is slim
2) Yes
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Thank you. Just want to reserve the cash because of 70per LVT rule. MBSB is rarely in the panels of new development anymore
Prophunter
post Nov 28 2012, 11:03 PM

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QUOTE(NoDoubt Leong @ Nov 28 2012, 10:51 PM)
1) Yes, but their interest is higher. If it's your 3rd properties, they still provide 85% loan.
2) Yes, but just 95% only. 5% as a administration fees.
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Thank you. The reason for MBSB is the limitation of conventional banking 70per LVT. I shall call TLS to reconfirm on this before proceeding with the purchase.
Prophunter
post Nov 28 2012, 11:58 PM

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QUOTE(NoDoubt Leong @ Nov 28 2012, 11:50 PM)
BLR-1% only.
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I know. Depends on your investment strategy. Instead of dumping 30% DP (depends on billing progress) into an undercon property, why not take a higher insterest loan for construction only (you just gotta pay the interest - which is a couple of bucks) and dump that money into a positive cashflow subsale apartment. After 3 years:

1) You earn a few thousand from the subsale property. (This may offset the higher interest rate for MBSB)
2) Refinance MBSB loan to other bank (and hopefully the market price increases, so you'll get cashback)

Cash is king, use it wisely. Get 1 undercon prop with no cashflow or 2 property?
Prophunter
post Dec 1 2012, 12:12 AM

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QUOTE(-/00\- @ Nov 30 2012, 11:49 PM)
2 units block A to let go..

forest view low floor and kajang view high floor..

kindly pm if interested..
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I dont think you can exchange the name like that
Prophunter
post Dec 20 2012, 10:33 AM

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QUOTE(guxing @ Dec 19 2012, 10:42 PM)
If selangor/KL area the new one for landed I dont think there still have 400K landed property anymore unless second hand, at the same time I considered about the security and condo facilities. I oldedi brought my first property Semi-D in my home town, um..how long I will be stay here I dunno also haha


Added on December 19, 2012, 11:03 pmadd a few~this condo actually bought for my B/F as well hihihi~ she want escape from KL rushing city, so IR forest concept environment quite good for living, I no comment for this, as long as she like~ tongue.gif
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BF a she? rclxub.gif rclxub.gif rclxub.gif

Btw whats wrong with second hand condo or called subsale? Its not like buying an used old car. In fact a subsale is proven based on supply and demand theory (most of it) compared to brand new price set by developer. Again, it depends on the personnel as well but for me a subsale is still viable
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post Dec 21 2012, 12:45 AM

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QUOTE(Manlet @ Dec 20 2012, 11:19 AM)
i believe alot of youngster also having the same thought with me, those subsale terrace around there doesnt look really luxury  biggrin.gif

also living in condo, for the facilities is better than those subsale 400k terrace around there
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What i meant is dont exclude subsale condo from your list bet it elsewhere. A new condo is definitely nicer but doesnt mean an old one is not.

But the terrace house depends, once you have family ull understand the "need" of having a landed property
Prophunter
post Dec 28 2012, 01:26 AM

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Whoaa. 100km Daily plus the traffic and tolls

Can you stand it? Check back all the expenses incurred. You might be better off getting a slightly expensive condo nearer to your workplace.
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post Dec 28 2012, 01:38 AM

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QUOTE(twincharger07 @ Dec 28 2012, 01:33 AM)
myself from sg chua to batu 3 about 80km perday.. did that for 3 years..

from ivory to shah alam, yea possible 90 to 100km everyday, servicing the car every 2 months... (assuming 5000km every service)..  sweat.gif
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But Shah Alam is huge. The guy may end up driving more than 100km everyday plus the traffic, etc. Plus property in Shah Alam is not that expensive (Compared to KL Prime Area) and with Rm400k, you can still get a decent landed if you're lucky and definitely a nice apartment.

Assuming petrol is RM20 per day x 22 = RM440. Tolls maybe RM5 per day x 22 = RM 110. Total = RM550. You can even rent a room at this price or get another low/mid cost apartment.

Just my 2cent

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