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 Twin Arkz @ Bukit Jalil, by Exsim Group

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PROPERTYMATE
post Oct 28 2012, 12:58 PM

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QUOTE(BrandsOutlet @ Oct 28 2012, 12:16 PM)
this project is targeting different group. sales achieving 50% for now is already bbb la...
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but it can't fight the ARNICA by tropicana
2 days only wo.... shocking.gif
ronn77
post Oct 28 2012, 01:09 PM

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Price psf around $600 and no dibs scheme. However it comes with semi furnish which you just require minor finishing if you plan to rent out or for own stay. People are not ready yet to pay such amount for the location and unit.
TSBrandsOutlet
post Oct 28 2012, 01:26 PM

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QUOTE(PROPERTYMATE @ Oct 28 2012, 12:58 PM)
but it can't fight the ARNICA by tropicana
2 days only wo.... shocking.gif
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a project sold off for faster time does not reflect better return compare to others. dats y i dun know y u like to compare which project selling more faster...

as an investor, i would say twin arkz comes with more potential...
SilverSpoon
post Oct 28 2012, 01:59 PM

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QUOTE(Vestor @ Oct 13 2012, 09:28 PM)
maybe 5+2% gone next month but return with 5+4% (like KM1) in conjunction with CNY 2013 leh.. lust.gif  brows.gif
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rclxms.gif


Added on October 28, 2012, 2:02 pm
QUOTE(ronn77 @ Oct 25 2012, 11:29 AM)
Looks like but the price.....hhmm...
Fully furnish unit but no DIBS so once completed it will cost a bomb.
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If one can really afford, then why the concern of no DIBS? Right?


Added on October 28, 2012, 2:05 pm
QUOTE(twincharger07 @ Oct 28 2012, 08:50 AM)
mayb after you checkout the price then you might know y  laugh.gif
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There are lot of people in lowyat forum always said many rich malaysian will snap up the property.
... Where are they now? No more bullets? laugh.gif


Added on October 28, 2012, 2:07 pm
QUOTE(BrandsOutlet @ Oct 28 2012, 12:16 PM)
this project is targeting different group. sales achieving 50% for now is already bbb la...
*
Yes. I agree. This project targets different group. The "waterfish group" brows.gif

This post has been edited by SilverSpoon: Oct 28 2012, 02:07 PM
TSBrandsOutlet
post Oct 28 2012, 03:10 PM

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QUOTE(SilverSpoon @ Oct 28 2012, 01:59 PM)
rclxms.gif

Yes. I agree. This project targets different group. The "waterfish group"  brows.gif
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haha...bro, not easy to own a prop like this...
ronn77
post Oct 28 2012, 03:13 PM

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QUOTE(SilverSpoon @ Oct 28 2012, 01:59 PM)

Added on October 28, 2012, 2:02 pm
If one can really afford, then why the concern of no DIBS? Right?
The thing is at this premium price people are expecting the dibs cost already incorporated into the selling price. If you add the interest which you need to bear during construction and it can easily ballon up to 700/sft which is super premium price and eaten into your future margin. If someone could fork this kind of price then definitely there is many premium options buyers can put their money.
zuiko407
post Oct 28 2012, 03:30 PM

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QUOTE(SilverSpoon @ Oct 28 2012, 01:59 PM)
If one can really afford, then why the concern of no DIBS? Right?
well, when mega sales before Raya/CNY/Christmas, you can see lots more people go for shopping, is it means that they can only afford when getting mega discount??
same thing the DIBS, you have option not to take the DIBS, just tell the developer "i have lot of money and i can afford it, i don't want the DIBS, i willing to buy with original price without DIBS" biggrin.gif
Chris Chew
post Oct 29 2012, 02:21 AM

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QUOTE(ronn77 @ Oct 28 2012, 03:13 PM)
The thing is at this premium price people are expecting the dibs cost already incorporated into the selling price. If you add the interest which you need to bear during construction and it can easily ballon up to 700/sft which is super premium price and eaten into your future margin. If someone could fork this kind of price then definitely there is many premium options buyers can put their money.
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True true.

But IMHO, premium is premium, expensive is expensive, high is high and overprice is overprice.

I willing to pay premium and buy expensive condo but definitely not sky high for investment and overprice condo which has weaker subsale exit due to valuation by then and small room of appreciation.

TSBrandsOutlet
post Oct 29 2012, 12:26 PM

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QUOTE(Chris Chew @ Oct 29 2012, 02:21 AM)
True true.

But IMHO, premium is premium, expensive is expensive, high is high and overprice is overprice.

I willing to pay premium and buy expensive condo but definitely not sky high for investment and overprice condo which has weaker subsale exit due to valuation by then and small room of appreciation.
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overprice? although i have no idea what method u were using to judge on the prop value. but lets keep our eyes on it few years later to see weather it is overprice or u r under valued the prop...
Chris Chew
post Nov 5 2012, 01:07 AM

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QUOTE(BrandsOutlet @ Oct 29 2012, 12:26 PM)
overprice? although i have no idea what method u were using to judge on the prop value. but lets keep our eyes on it few years later to see weather it is overprice or u r under valued the prop...
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Yes, it was not only expensive but overprice. It is up to the individual who bought it and I have no preference to attack who buy this. I am just keeping tab on this area and I also hope it can be well or good response to proof that BJ area is coming up.

If we keep our eyes on few years later, we would not be talking of current or today's market price or value but future price and future market value. We dont know what market going on in 3 or 5 years later and we can't specific this is under value prop comes to future year 2015 where this subsales breached RM 1,500 psf then but we could call this, a good purchase.


idoblu
post Nov 5 2012, 07:38 AM

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Went to see the three show units over the weekend. 700sf, 1254sf and 1300sf (not exact)

I like the 1254sf best, feels bigger than the 1300sf. The 1300sf unit has two entrance. Appliances are included. Wardrobe and kitchen cabinet are included. I think you get some air cons, oven, fridge, hood and cooking hob, also washer dryer. Mostly all Bosch if I'm not mistaken.

Type 3A and 5 (1254sf) has the best view imho which is facing the golf course. Type A3 has a slightly better view all round than type A5 and it will cost you much more. Say 30k more. All the high floors for these type are gone, left the 10th floor down. But 10th is really only the 4th unit up. Price for this low floor 1254sf unit is already 905k for type A3 (721psf). The discount which I remember is 5%+3% not taken into account yet.

ID wasn't too bad. Quite nicely done up. Wardrobes has smoked mirrors as sliding doors. Kitchen cabinet with soft close hinges and drawers. Bathrooms comes with done up mirrors as well. Ceiling height is 11ft

Maintenance is 0.38 cents per sq ft. Free legal fees for SPA and Loan agreement

This post has been edited by idoblu: Nov 5 2012, 10:11 AM
ecin
post Nov 5 2012, 08:21 AM

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QUOTE(Chris Chew @ Nov 5 2012, 01:07 AM)
Yes, it was not only expensive but overprice. It is up to the individual who bought it and I have no preference to attack who buy this. I am just keeping tab on this area and I also hope it can be well or good response to proof that BJ area is coming up.

If we keep our eyes on few years later, we would not be talking of current or today's market price or value but future price and future market value. We dont know what market going on in 3 or 5 years later and we can't specific this is under value prop comes to future year 2015 where this subsales breached RM 1,500 psf then but we could call this, a good purchase.
*
+1
ronn77
post Nov 5 2012, 10:05 AM

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QUOTE(idoblu @ Nov 5 2012, 07:38 AM)
Went to see the three show units over the weekend. 700sf, 1254sf and 1300sf (not exact)

I like the 1254sf best, feels bigger than the 1300sf. The 1300sf unit has two entrance. Appliances are included. Wardrobe and kitchen cabinet are included. I think you get some air cons, oven, fridge, hood and cooking hob, also washer dryer. Mostly all Bosch if I'm not mistaken.

Type 3A and 5 (1254sf) has the best view imho which is facing the golf course. Type A3 has a slightly better view all round than type A5 and it will cost you much more. Say 30k more. All the high floors for these type are gone, left the 10th floor down. But 10th is really only the 4th unit up. Price for this low floor 1254sf unit is already 905k for type A3 (742psf). The discount which I remember is 5%+3% not taken into account yet.

ID wasn't too bad. Quite nicely done up. Wardrobes has smoked mirrors as sliding doors. Kitchen cabinet with soft close hinges and drawers. Bathrooms comes with done up mirrors as well. Ceiling height is 11ft

Maintenance is 0.38 cents per sq ft
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Looks like not only high price but also high maintenance.

1254sft selling at $905k (psf $721) + maintenance of 0.38 will really kills many interest. Looks like Twin Arks is targetting niche market that willing to pay premium for ID and facing.
TSBrandsOutlet
post Nov 5 2012, 10:57 AM

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QUOTE(Chris Chew @ Nov 5 2012, 01:07 AM)
Yes, it was not only expensive but overprice. It is up to the individual who bought it and I have no preference to attack who buy this. I am just keeping tab on this area and I also hope it can be well or good response to proof that BJ area is coming up.

If we keep our eyes on few years later, we would not be talking of current or today's market price or value but future price and future market value. We dont know what market going on in 3 or 5 years later and we can't specific this is under value prop comes to future year 2015 where this subsales breached RM 1,500 psf then but we could call this, a good purchase.
*
bro, an investor is always looking and focus on future gain. if twin arkz comes with better return few years later compare to other condo that u had invested, no doubt to say u had under value twin arkz coz u had mentioned that it is overprice. this "overprice" word had cosidering the potential gain in the future, but not only refering to the current market price. for example, if u think twin arkz comes with better return in future compare to other condo, would u still call it overprice now?

this is something simple and wonder y the sentence u made is so complecated...
ecin
post Nov 5 2012, 11:53 AM

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No offense to anybody or anything.

In General, IMHO, Personally, future value I wouldn't care much, it's a speculation (I do speculate from time to time, but it isn't a 1st set of priority considerations), a bonus if it happens .. For any direct comparison, I will consider the current situation.
twincharger07
post Nov 5 2012, 11:54 AM

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QUOTE(ecin @ Nov 5 2012, 11:53 AM)
No offense to anybody or anything.

In General, IMHO, Personally, future value I wouldn't care much, it's a speculation (I do speculate from time to time, but it isn't a 1st set of priority considerations), a bonus if it happens .. For any direct comparison, I will consider the current situation.
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i like your thought... wink.gif
cybermaster98
post Nov 5 2012, 04:02 PM

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Heard Berjaya's KM1 East condo (next to KM1 West) is gonna launch year end at RM 1.8 mil (starting price). Also with some villas priced from RM 2.57 mil. Is this true?


http://ehome.kpkt.gov.my/ehome/DetailProje...ojek=KM1%20EAST



TSBrandsOutlet
post Nov 5 2012, 05:24 PM

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QUOTE(ecin @ Nov 5 2012, 11:53 AM)
No offense to anybody or anything.

In General, IMHO, Personally, future value I wouldn't care much, it's a speculation (I do speculate from time to time, but it isn't a 1st set of priority considerations), a bonus if it happens .. For any direct comparison, I will consider the current situation.
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well, u should know what u were saying. what else i can say? haha...


Added on November 5, 2012, 5:33 pm
QUOTE(twincharger07 @ Nov 5 2012, 11:54 AM)
i like your thought... wink.gif
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question is which product can be direct compare with twin arkz in bj? if two products is apple to apple comparison, of course look for current price already can know which one is better choice lor...

This post has been edited by BrandsOutlet: Nov 5 2012, 05:33 PM
twincharger07
post Nov 5 2012, 07:16 PM

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QUOTE(BrandsOutlet @ Nov 5 2012, 05:24 PM)
well, u should know what u were saying. what else i can say? haha...


Added on November 5, 2012, 5:33 pm

question is which product can be direct compare with twin arkz in bj? if two products is apple to apple comparison, of course look for current price already can know which one is better choice lor...
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honestly, i dun see how twin arkz set apart itself with the rest of condos beside higher pricing,, borsch electrical appliances has nothing to shout about,,

with less than 2 acres of land, this is pretty high dense compare to the rest,, unless if it has lower density to justify.
TSBrandsOutlet
post Nov 5 2012, 07:47 PM

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QUOTE(twincharger07 @ Nov 5 2012, 07:16 PM)
honestly, i dun see how twin arkz set apart itself with the rest of condos beside higher pricing,, borsch electrical appliances has nothing to shout about,,

with less than 2 acres of land, this is pretty high dense compare to the rest,, unless if it has lower density to justify.
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u made yr own judgement wink.gif

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