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

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SUStikaram
post Aug 30 2012, 11:56 AM

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QUOTE(firdaus87 @ Aug 30 2012, 12:39 PM)
Discount 9%... Means if loan approve 90% got to pay only 1% minus rm1k booking fees.
Im so tempted with the package however i still have doubt on condo in saujana impian. Any taikor would to share your view here?
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Can I know how much after this 9% discount?
SUStikaram
post Aug 30 2012, 12:28 PM

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QUOTE(firdaus87 @ Aug 30 2012, 01:01 PM)
After 9% discount start from rm350k++.. which about rm275persqfeet.
Addtional rm1k with increasing floor and addtional rm5k for pool view, kalau tk silap(i might be wrong).haha
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Thank you very much
SUStikaram
post Aug 30 2012, 04:56 PM

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QUOTE(peri peri @ Aug 30 2012, 01:30 PM)



Added on August 30, 2012, 12:32 pm
halo halo, very big appetite, how u think about this?
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I think location is good.

Now , I have more problem.

Bullet limited. Only can buy one more

1) Kanjang Sentral 385K
2) Jade hill 525K
3)or this one. 360K
4) Pelangi Semenyih 350K
5) The future Sp Setia Eco Hill 350k
6) 1000 sq ft Mines Heritages. ( 2 bedroom) 420K

help needed.
SUStikaram
post Sep 3 2012, 08:45 AM

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QUOTE(peri peri @ Aug 30 2012, 06:00 PM)

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Thanks Peri.

I decided to invest in Jadehill.

I will also going to buy DSL Setia Eco Hill Sememyih. ( I hear will be around after CNY).


SUStikaram
post Sep 3 2012, 08:55 AM

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QUOTE(seanooi880327 @ Sep 3 2012, 09:53 AM)
any showroom ready to view?
So, this project under DIMb or still in mid of discussion with the banks..?
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They have a smaller unit show room ( not the 1288) at their HQ

No DIBS. But free aircond, kitchen cabinets.


SUStikaram
post Sep 3 2012, 10:21 AM

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QUOTE(seanooi880327 @ Sep 3 2012, 09:58 AM)
i thought smallest size is 1288sqft? gt smaller than that?
What's the lowest entry price? so is 1% downpayment only right..
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The show unit ( smaller size ) is finished sold ( sg Chua) launched 2 years ago.


Added on September 3, 2012, 10:23 am
QUOTE(ajak25 @ Sep 3 2012, 01:39 AM)
Thanks for the info bro thumbup.gif, will add some of the info on the 1st page...

About the eateries, this will be a good business venture to jump into since this particular area is still lacking Chinese restaurants, shoplots around Prima Saujana area still quite a few left vacant and price starting from 150k only, perhaps plenty still don't know there's big development coming nearby...Im contemplating myself whether to proceed with the condo or buy the shoplot there but I would prefer to buy shoplot within the Mutiara Heights itself....

TTDI Grove shoplots also going to be completed by 2014 on both sides of the mainroad, including those of Kajang Walk and existing Kajang Perdana, the whole area will become much more buzzier than ever when all the residential projects completed come 2014-2015

But again this particular area is not very far away frm Kajang Town and Jln Reko where all the good Chinese eateries are + you can always take the shortcut through Sg Jelok to easily reach Kajang Metro Point and Kajang Town itself...the only drawbacks are, if by 2015 there is still no flyover to bypass the traffic light intersection at Saujana Impian and the condition of the mainroad stretch from Tesco to LEKAS intersection not improved things will get a bit messy...so I do hope that MPKj and all the developers developing this particular area (TLS (Mutiara Heights), NazaTTDI (TTDI Grove), Paramount (Saujana Villa), Summerfield (Suria Saujana), SaujanaView Ventures (Saujana Palma and D-Hill (Kajang Walk)) to look into this matter seriously...
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Yes,

The traffic light in saujana impian become worst each day.

Still plenty of housing will be Vp within next one year.

The traffic could be 2km long if nothing being done.


Added on September 3, 2012, 10:24 am
QUOTE(IGax2000 @ Sep 2 2012, 06:15 PM)
finally book 1 unit,  tongue.gif
from the chart, seems like facing pool view almost finish, left those lower floor unit
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Why everyone booked swimming pool view?

The forest reserve is better wo. no?

This post has been edited by tikaram: Sep 3 2012, 10:25 AM
SUStikaram
post Sep 6 2012, 09:09 AM

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QUOTE(seanooi880327 @ Sep 6 2012, 10:00 AM)
By the way, this place can access directly vis SILK Highway now? i saw the location map seem like beside SILK highway... Or need to access vis Kajang Town?

This location should be no flood affect right?
Sorry, im not familiar to Kajang.. Only been to town for satay.. hee
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Not Silk Highway but. Cheras Kajang Highway is about 4.5km from Ivory Residence.

Cheras Kajang Highway = 4 lane each direction
But the Persiaran Saujana =mostly 2 lanes each direction

Ivory Residence is almost build on higher land. If flood most sorrounding areas will flood first ( eg Twim palm) and Ivory Residence should be the last.


SUStikaram
post Sep 6 2012, 11:03 AM

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QUOTE(Talbac @ Sep 4 2012, 01:21 PM)
Same taste, same view, Takky! But seems like we are the minority to like the twin palm/forest view!
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Me too . Think the forest view is better.

See my post #70

This post has been edited by tikaram: Sep 6 2012, 11:04 AM
SUStikaram
post Sep 6 2012, 11:07 AM

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QUOTE(peri peri @ Sep 6 2012, 12:06 PM)
u mean the hill behind kajang perdana there? if yes, the owner is trying to let out. We had visited the land, soon will be "botak"
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Oh no...

not another forest reserve gone. mad.gif






SUStikaram
post Sep 20 2012, 04:58 PM

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QUOTE(Talbac @ Sep 20 2012, 05:17 PM)
Hello cash-flow investor, I saw the paragon tower 1 or 2 months ago. For one that area has a lot of condo coming up and I feel there will be oversupply of condo in that area, as there is lack of universities market while the area still has ample of empty land mostly planned for highrise condo.

At 480k, upon completion your cost alone will be touching 540k which would require the rental to hit RM3000 just to cover your instalment and maintenance fee. If you are looking for positive Cashflow I don't think it is possible with paragon as it has encroahed into mont kiara's price range already.

Flipping wise, ivory residence can expect an increase of 30percent to 350psf or 450k per unit and still within condo range. Paragon's 30percent increase to 430psf or 630k per unit would be much harder to achieve due to ample of choice at that price range.
You should also note only studio units with built up of less than 550sq ft could hit 400sq ft, not large built-up unit like paragon.

Strange to compare thus 2 condo as they are located  in different areas. Paragon and ivory both are okay to stay in, but if you are looking to buy as  investment, for me paragon is a no-no, ivory  residence is the much better buy.
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Very healthy debate, One for paragon and one for Ivory rclxms.gif

We should have more this kind of post for the benefits of making investment decision.
SUStikaram
post Sep 20 2012, 06:52 PM

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If your bank reject you. Pls stop buying and you should thanks bank for letting you know that your pocket is not deep enough.

rather later cry.gif
SUStikaram
post Sep 21 2012, 10:04 AM

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QUOTE(Talbac @ Sep 20 2012, 08:18 PM)
Trying to contribute, learning a lot from fellow forumers. Bought MV and Ivory residence, I may turn into full time agent soon with the number of friends I introduce to buy TLS property.

Tikaram also watching a lot of other properties, still got bullets for more?  We can never have enough cash for properties, it is a bottomless pit!
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I will get more cash only after Nov now bank balance is only RM657.15

This year I have sold very cheap few real estate so far. Kekekeke.

But paying lots of tax too. sad.gif

This post has been edited by tikaram: Sep 21 2012, 10:05 AM
SUStikaram
post Sep 28 2012, 08:44 AM

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QUOTE(raja lau @ Sep 28 2012, 12:56 AM)
just wonder what is the price for jade hill serviced apartment and their sales status..
also sentral kajang, what kind of promotion package they are given..
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Jade hill service apartment 90% sold lio. ( but 2 blocks still not yet open for booking). nothing is free. somemore 10K for booking ( none refunable)

Current launchingsentral kajang 70% sold lio. ( 50% not yet open, maybe one year later) - many free, low down payment.
SUStikaram
post Oct 4 2012, 02:12 PM

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QUOTE(reeve86 @ Oct 4 2012, 03:11 PM)
yea , i wonder is good or bad?

china investor mean wat, wat their using for?
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can they buy?

foreigner is not cap for 500k above?
SUStikaram
post Nov 9 2012, 02:35 PM

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Is it confirm Investor from Beijing bought almost whole block?

But the price is <500k. Foreigner can buy meah?.... unless upgrade version by developer.
SUStikaram
post Nov 9 2012, 02:54 PM

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QUOTE(mytopprop @ Nov 9 2012, 03:50 PM)
Maybe because they buy in bulk and can bypass the rule?
AFAIK, the top floors in tower B also bought by them.
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thanks
SUStikaram
post Nov 14 2012, 02:05 PM

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QUOTE(jj2themax @ Nov 14 2012, 01:39 PM)
Nearer to future MRT station?
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I also notice very far from mrt station.

With the traffic on persianran saujana impian.

Maybe need min 20 minutes.
SUStikaram
post Nov 16 2012, 10:49 AM

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QUOTE(Talbac @ Nov 15 2012, 11:26 AM)
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.
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I am not trying to poor cold water to buyer. I think Ivory is a good buy at below RM300psf

I want to ask. Can you compare Ivory with Sentral & jadehill like this?

Kajang Sentral is next to MRT & KTM ( walking distance) and should be very easy to rent out.

Jadehill is super luxury type condo, their materials if you check is all expensive, 4 blocks with only 366 units low density, international school, can acess to 5 star club facilities and possible another Desa park City/ bangsar in Kajang. Good developer with very good maintenance track records

Ivory is not super luxury and not near to Ktm.

Can compare price like that meah? not apple to apple wo.

This post has been edited by tikaram: Nov 16 2012, 11:00 AM
SUStikaram
post Nov 16 2012, 04:04 PM

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QUOTE(iheartchanel @ Nov 16 2012, 03:48 PM)
Don't really agree with what Tikaram said. Because I have surveyed Kajang sentral and Jade hill before making booking on Ivory Residence.

Kajang sentral is not really walking distant to the MRT station. If walk to the station will at least 20 minutes. And no offence, the condo is built on low land. The access to the condo is very limited.

Jade Hill, way too expensive. RM 400 plus per sq ft. The workmanship, i think you can go and see for yourself.  With the price I pay for JH condo, I have many other choices to choose from.

Just my two cents.
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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
QUOTE(tikaram @ Nov 16 2012, 05:04 PM)
Kajang Sentral


Jade Hill.

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This post has been edited by tikaram: Nov 16 2012, 04:17 PM
SUStikaram
post Nov 16 2012, 04:46 PM

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QUOTE(twincharger07 @ Nov 16 2012, 05:31 PM)
Kajang Sentral, to be honest, the area is really turned off for me... Silkhighway, u need to do a U-turn almost reaching kajang prima.. Jam? do you know how Jam jalan bukit is during peak hour? Jalan bukit school + KTM and 1 way per direction...

Jade hill ah... ppl come kajang look for affordable house, tats y affordable houses are fast grabbing than Highend.. for jadehill service apartment price, can get a nice condo near KL.. ppl buy kajang bcos looking fro value for money mah...

for some reason, I was pretty turned off by kajang sentral location.. my fellow kajang fren "upgrade" to prima saujana, saujana impian area due to better planning, more newer amenities...

having born and live in kajang all my life, I can accept Ivory, maybe jade hill condo (if its lower price abit) but not kajang sentral..

Ivory - new condo among new development area and new township/housing area, surrounded by much up market landed prop, more newer amenities, banks, giant
Kajang sentral - pathetic Silk highway access which need to do blardy far u-turn, jalan bukit narrow, pocket development surrounded by 30-40 year old Taman Bukit, Catholic graveyard behind..

my2c..
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The traffic jam and the ammenities is very subjective. I can't comment much.

Kajang Sentral Ammenities is at jalan reko, if u go kajang town sure is jam but if you travel to Seremban / putrajaya/ cheras/ KL - the acess is highway = good

The jadehill have many ways to go out to highway

The Ivory. You only have pesiaran saujana. It is so jam with the traffic light and the hill plus the slow moving lorry and vehcile not follow rules. but alos very subjective.

I just wanted to say. U can't compare Ivory with Kajang sentral ( have Mrt) and the jadehill ( high end) on price below 300psf.

The MRT is easy to rent out and the jadehill is they don't build second aprtment other than jadites and have great demand from ppl working in nearby univesity / hospital

Among the three. I am on rental play, my selection is 1) jadehill ,2) Kajang sentral and 3) Ivory.

I already said. Ivory is selling like hot cake, kajang sentral so so ( as developer is cash rish. no rush), jadehill ( more cahs rich, so very slow slow sell) soft launch already sapu 95% ( waiting AP , i think)


I don't live in kajang. I just moved to balakong recently.

But I think 700meter is not walkable, Buill on hill slope is low land, next to highway =difficult to acess is wrong la. ( for sentral)



This post has been edited by tikaram: Nov 16 2012, 04:55 PM

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