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 Tropicana Gardens, Kota Damansara, • The Brighter Side Of Life •

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SUStikaram
post Oct 3 2012, 09:03 AM

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studio 480k= rent 2k
2room 800k= rent3.3k
3room 1.2m =rent 5k

at 5% x price

Another with the mall one....... hmm.gif


Added on October 3, 2012, 9:06 am
QUOTE(samngcheesan @ Oct 3 2012, 09:52 AM)
inside the golf club i think
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next to sri selangor clubhouse?

that very far from MRT station wo.

This post has been edited by tikaram: Oct 3 2012, 09:06 AM
SUStikaram
post Oct 8 2012, 09:17 AM

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QUOTE(CMW123 @ Oct 7 2012, 05:40 PM)
Yes, Tropics subsale is doing about RM800psf+, almost 3 years after the mall opening, the mall also took some time to prosper and now new launch same price shocking.gif
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I think tropicana city is better.

nearer to CBD
SUStikaram
post Oct 8 2012, 10:28 AM

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QUOTE(cranx @ Oct 8 2012, 11:22 AM)
Hard to say, in the future Tropicana Gardens could be CBD as well.
Also, I believe Tropicana Gardens quality will be better than Tropics/Tropicana City. Heard lots of quality issues for Tropics.

Afterall for half million ringgit studio, the developer must add some whistles and bells to attract buyers.  laugh.gif
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I still think the tropicana city will weight higher for the next 5 years


Very easy to go these place.
1) near to KL/Ecocity/MidValley/ Bangsar
2) the coming glomac
3) the coming Damansara uptown also by glomac
4) the coming Damansara Jaya - Atrian by OSK project.
5) the upcoming Damansara Perdana / Empire City

This post has been edited by tikaram: Oct 8 2012, 10:29 AM
SUStikaram
post Oct 8 2012, 10:53 AM

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QUOTE(panasonic88 @ Oct 8 2012, 11:42 AM)
So this Sunday 14/10 is the sneak peek. nod.gif
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I am going.

Not buying , just keh boh and see if still bbblind


Added on October 8, 2012, 10:55 am
QUOTE(cranx @ Oct 8 2012, 11:47 AM)
you have your point bro. I am just saying. laugh.gif
buying? hmm.gif
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The only things that tropicana Garden concept i like is the golf view and the mrt station.

This post has been edited by tikaram: Oct 8 2012, 10:55 AM
SUStikaram
post Oct 9 2012, 06:04 PM

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QUOTE(panasonic88 @ Oct 8 2012, 12:01 PM)
Me too. Kaypoh & is good to know especially if you are one of the Investor on the properties nearby biggrin.gif

Agree on the Like, what about the dislike? Price? tongue.gif
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The dislike

1) Very near highway, again!
2) this part of super car jam and high density casa indah and nearby
3) Another "tropicana" brand
4) another Mall? sunway Giza just infront right?........ OMG more mall? It will make the area more "chak/ un organised"
5) the price give not much gain , as more supply of land nearby this Kawasa /RRI
SUStikaram
post Oct 15 2012, 08:34 AM

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Wow....Selling like hot cake again.

Look like we really have "property price sustainable problem" for the next 2 year.
SUStikaram
post Oct 15 2012, 01:52 PM

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QUOTE(froglai88 @ Oct 15 2012, 01:33 PM)
A fren went there yesterday, d sales chart all 'stickers'.. 100% booked out...

Not sure about ' property price sustainable problem' for d next 2 yrs, but it seems like 'global economy slowdown or crisis' not affected bolehland at all.. lot of pp still in BBB mode.  hmm.gif
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Look like we are not suffer from current global effect.

According to SA. Around 1/2 buyer hope to get fast gain at least 30% after 3 years.

RM750psf x 30% => Rm975psf.

This post has been edited by tikaram: Oct 15 2012, 01:53 PM
SUStikaram
post Oct 15 2012, 02:00 PM

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QUOTE(CMW123 @ Oct 15 2012, 02:56 PM)
For the studio entry price about RM500k, future renovation for fully furnished say RM40k (since kitchen cabinet provided)

To earn 5% yield is about RM2,250 per month plus maintenance fee at Rm0.44 psf need to rent out at RM2,500 per month

That's Rm4.2 psf rental
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But,

if in 3 years time

the market value up 30% =

rental = 2500 x 1.3 = Rm3,250 per month. = 5% yield.

so, will someone buy from you if can't get rent @ RM3,250?

SUStikaram
post Oct 15 2012, 03:48 PM

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QUOTE(froglai88 @ Oct 15 2012, 03:08 PM)
I heard some booking a few units.
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Max levearge games again la.

this type of sales look very familiar these day.

max leverage create more damange sale than a Sustainable sales.

This post has been edited by tikaram: Oct 15 2012, 03:49 PM
SUStikaram
post Oct 15 2012, 05:02 PM

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QUOTE(SeanFD2 @ Oct 15 2012, 04:57 PM)
How many damage sales you expect? Mind to share?
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The USA housing bubble as an exmaple.

The high debts creat high price on buying activities is not welcome. It is more damaging than no growth in price at all.

Those have few assets in your collection is going to see property value going down more likely when the sustainable become an issue.

An invesotr holding few under constrcution units is like gambling and no longer an investment games now.

More sales at RM500k on a mere studio? the more that greater the damage.

If Bnm don't act on this right time with adjustable policy. A lots of pp will see their welth going thinner and thinner.









SUStikaram
post Oct 15 2012, 05:52 PM

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QUOTE(imprezaWRX @ Oct 15 2012, 06:32 PM)
while I agree that the market is bubbling .. and it's BBB fever everywhere ..
we can scream bubble and market going mad at RM800psf ..

but I think one only need to be there on Friday .. to see the type of crowd there ..
and you will realise this crowd are the types with deep pocket, are probably residents of the neighbouring taman, who wouldn't mind 'stamp collecting ..  icon_rolleyes.gif

abit similar to the MK10 or MK11 owners who prefer to leave their units empty, rather than rent it out .. there are these breed of pple .. and they are not the same as the youcity Cheras crowd  brows.gif
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The youcity is wearing t-shirt and slipper.

The richer person in the world is just wearing a "gap" brand shirt.

In TG, I saw many are wearing much expensive cloths, branded hand bag.

I hope they are not the high debts malaysian.

And good luck and all the best to them if they are.


Added on October 15, 2012, 5:53 pm
QUOTE(kh8668 @ Oct 15 2012, 06:37 PM)
agree that there are tonne of loaded ppl out there (Malaysian).
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hope is not loaded with tonne of debts malaysian.

if yes, die la.....

This post has been edited by tikaram: Oct 15 2012, 05:53 PM
SUStikaram
post Oct 15 2012, 06:05 PM

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QUOTE(C&D @ Oct 15 2012, 06:58 PM)
I don't think this is similar to US. US' crisis started because the mass defaulted on their loans, causing high inflation and interest rates...

In MY, these chaps who purchase these expensive properties (I) do not represent the mass, (II) quite healthy debt ratio, (III) and don't be surprise they are using the loans to leverage their exposure.

These people are investing within calculated risks.

If MY ever reaches the level of crisis in US, it will not be because of this (ie. property speculation), but by other clear reasons (which I will not mention here as it is not related)...
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hope it is what u said. (I) do not represent the mass, (II) quite healthy debt ratio, (III) and don't be surprise they are using the loans to leverage their exposure

we knew the Athen is using debts to create growth for the past few years.

The property growth in malayisa recent days also resulted from high leverage games.

This is the similiarity

This post has been edited by tikaram: Oct 15 2012, 06:09 PM
SUStikaram
post Mar 9 2013, 11:01 AM

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Wow!

Profit Margin for Dijaya for this Tropicana Garden going to be more than 50%.

no longer the normal developer at 25% as understand by all of us.

This post has been edited by tikaram: Mar 9 2013, 11:02 AM
SUStikaram
post Mar 11 2013, 11:23 AM

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QUOTE(C&D @ Mar 11 2013, 11:59 AM)
I have to say although I am a HUGE fan of Tropicana township and also TG, 1,100 psf is a tad too high. Phase 1 buyers have a lot more avenue to "throw" price when they want to sell their units.

Nevertheless, this is a very well planned and respected township. Affluent people makes up almost the entire population here, and more affluent ones are joining the fun.
There is a feel-good factor.

KL, whatever it's worth, is not a township - it's just the center of things. It's messy in KL if you ask me.

If you ask more affluent youngsters from outstation moving to KL/PJ where they'd like to move to, likelihood they will choose here more than KL.
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All TC investor.

You have my respect. notworthy.gif you can see things that i am not able to see.

This post has been edited by tikaram: Mar 11 2013, 11:24 AM
SUStikaram
post Mar 13 2013, 08:59 AM

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QUOTE(cybermaster98 @ Mar 13 2013, 09:30 AM)
I asked my neighbors who is foreigner ( none asian)

None of them investing in malaysia property.

I further asked why? They reply is. They will only buy property in country that proven "wealth protection" . Example Paris, London, bangkok.

So what my neighbor said is very true la. Malaysia is not on the list bcs i myself also think country below property can protect my wealth better compare malaysia in long term.

1. Spain
2. USA
3. France
4. Portugal
5. Italy

This post has been edited by tikaram: Mar 13 2013, 08:59 AM
SUStikaram
post Mar 13 2013, 09:53 AM

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QUOTE(Steven83 @ Mar 13 2013, 10:48 AM)
what is "wealth protection" ? Mind share a bit about it  biggrin.gif
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wealth protection is for wealthy people to protect their wealth in long term. So that they can pass down to their children and at the same time beat inflation 2% or 3 % as time goes.

Usually these wealthy people put part of their wealth said 40% in property. The rest diversify to other areas.

My experience, Wealthy people usually will buy in london paris miami bcs history proven that these areas house price offer great protection in long run.

But malaysia or asian country, Sorry to say not in their radar la.

This post has been edited by tikaram: Mar 13 2013, 09:54 AM
SUStikaram
post Aug 21 2013, 08:55 AM

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my friend said.... tropicana gardens phase 2 still have unit available.

i thought need balloting & long waiting list, should have long finished right?
SUStikaram
post Aug 21 2013, 10:18 AM

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QUOTE(accetera @ Aug 21 2013, 11:03 AM)
Got fewer than 6 units left... on loan rejects. Selling at almost RM1,500 psf issit??
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seling 1500psf now?

can someone confirm?
SUStikaram
post Aug 21 2013, 05:18 PM

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QUOTE(Happyman @ Aug 21 2013, 05:34 PM)
1300psf is cheap.  Your brother is lucky.
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maybe is not lucky.
SUStikaram
post Aug 22 2013, 12:45 PM

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if bought for 1500

how much the subsales willing to pay? 1950psf for the conservatice 30%

Problem is getting that 450psf extra ( merely 30%) and very very high risk.

Worth or not ah?..... isn't better buy 2 / 3 unit at those 350k/450k also assump 30% profit? lower risk some more.





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