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 Tropicana Metro Park, The Compass to Living

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Babizz
post Aug 6 2018, 07:16 AM

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QUOTE(Ryosuke_82 @ Jul 22 2018, 07:36 PM)
He is paying 2k+ a month to service the loan tho (not include condo maintenance fee yet). Even at 1.5k rental, nobody want also.
Most of the potential tenants are Malays and they are comparing U13, Emira, Indah Alam condo with TMP. You need a car in TMP to drive to nearest shop and mall, whereas U13 and Emira is just within walking distance. Rental price and unit sqft size is more or less similar with TMP.
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I think if can rent at 1.3k FF is considered good d lah. emira rental demand will need to wait until October or so to determine. should be very solid.

main challenge here is NO commercials within walking distance.

This post has been edited by Babizz: Aug 6 2018, 07:23 AM
Babizz
post Oct 23 2018, 06:58 AM

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makeover guys agent confirmed rental very soft and low here.
Babizz
post Nov 5 2018, 07:01 AM

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A-22-03, Pandora residence @ Tropicana Metropark Subang jaya Freehold Direct link to federal

Reserve price đŸ”„đŸ”„RM 306,200đŸ”„đŸ”„ 600sqft
Auction: 21/11/18 Non bumi facing pool & park

Rental RM 1500
Installment 1300-1400 ( ngam2 break even )
Babizz
post Jan 5 2019, 05:36 PM

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QUOTE(AskarPerang @ Jan 5 2019, 01:57 AM)
Unit occupy by tenant.
I thought reported in the news is the cheapest ever rental rate around here: https://www.malaymail.com/s/1585543/landlor...bang-jaya-condo
But no. Got cheaper than that rental.
Anyone wanna guess how much rental this unit tenanted at? No wander lelong.

» Click to show Spoiler - click again to hide... «

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no surprise. many partial units asking for the same rental, bet u can nego down further given how desperate the owners are.

Makeover told me many units they have done here but still demand is weak. this location is "terperuk" as with what Abe Nazz says!

https://www.iproperty.com.my/property/shah-...a/rent-7068920/
2 air-cond, full set kitchen cabinet,water heater,grill,curtain,fan and lighting
same rental as above!

This post has been edited by Babizz: Jan 5 2019, 05:36 PM
Babizz
post Feb 16 2019, 06:23 PM

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QUOTE(holypredator @ Feb 16 2019, 02:59 AM)
RM2.4k for a 2 bedroom apartment in an outskirt area with no amenities and tons of factories nearby? No public transport and also a place that looks like a wasteland, who actually rented your property if you don't mind me asking? Is it engineers working in one of the factories nearby?

I'm not saying what you've mentioned is fake but it is definitely questionable because based on the price rent for Paloma. 917 Sqf is being advertised is as low as RM1.5k for partially furnished and RM1.8k for fully furnished. Makes no sense yours can rent specially high when there are so many units being rented out at much lower price.
https://www.iproperty.com.my/rent/condomini...etropark&page=2
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gooberhocks units are very very tastefully furnished. 2-3 years down the road if can still achieve that rental then ok lah.

rental for the average unit makes more sense. 1.8k for a normally fully furnished unit sounds right.

A friend that lives there confirms very slow take-up in the area for rental but ownstayers increasing. Just need to be comfortable with the known facts.
Babizz
post Sep 3 2019, 06:44 AM

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QUOTE(AskarPerang @ Sep 2 2019, 01:17 AM)
Phase 4 of Tropicana Metropark incoming: https://www.alira.my/

user posted image

Service Residence:
650 sf 
1 + 1 Bedrooms 
RM 464,778 onwards
750sf 
2 Bedrooms 
RM 523,908 onwards
950sf 
2 + 1 Bedrooms 
RM 642,168 onwards
Low Rise Villa:
1000sf 
3 Bedrooms 
RM 685,908 onwards
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TMP buyers should question developer about their sincerity in executing the commercial component.

This will continue to struggle until at least after the retail portion is developed.

This post has been edited by Babizz: Sep 3 2019, 06:44 AM
Babizz
post Oct 1 2019, 07:25 AM

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How is Tropicanas commercials and all coming up??
Babizz
post Oct 1 2019, 07:56 PM

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QUOTE(Evertraveler @ Sep 30 2019, 07:14 PM)
First phase of commercials is launching soon as shown in their official website.
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When can it be completed?? First phase investors and ownstayers have been waiting for years with this launching soon talk.
Babizz
post Nov 28 2019, 09:45 PM

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Rental here continues to dip. 2 bedroom unit gross yield is on the low 3% range.


Babizz
post Dec 2 2019, 07:00 AM

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QUOTE(Flaming Tuna @ Dec 1 2019, 09:11 AM)
I forsee is suitable for own stay at this point of time,  until the whole development completed. .. still early to judge.  i am very curious the 2plots of land  sold to MCT and currently selling as Alira next to Paisley. .. not sure are there selling well. ...đŸ€”
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Suitable for ownstay?? Poor subsale performance n no commercial yet suitable for ownstay?

Still early to judge?? 3 yrs + since first phase VP.

So far no alira buyer come out n say they invested.
Babizz
post Mar 15 2020, 06:53 AM

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QUOTE(Elvinho81 @ Mar 13 2020, 09:18 PM)
anyone got these info? from RM 318K?

user posted image
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Rental n appreciation here has been lackluster. Evenfamous makeover ID firm told me this is one of their rare cases where even after the job is done, one would struggle to rent it out.
Babizz
post Oct 12 2020, 10:47 AM

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QUOTE(AlphaNexer @ Oct 11 2020, 09:17 AM)
yeah..im still thinking wanna buy Paisley for 650K for 976 SQ FT
Block A - 21 floor...
hmmm....
for that price i can get a house 1700..but it's at rimbayu or elmina.

any advice?

ALIRA is 4 years later...will alira affects the value?
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My choice

1. Elmina
2. Paisley if you're working in KL
3. Rimbayu if you're not working in KL.
Babizz
post Oct 14 2020, 07:51 AM

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QUOTE(lshir @ Oct 13 2020, 01:06 PM)
The only thing I like is the location tbh (direct link to Federal highway). For the proposed developments in the area, according to SA the medical center is expected to complete by 2024 and the mall would be the last development in Metropark, which will take even longer.

Looking at the above feedback, I guess I will proceed to cancel my booking for the studio unit above the Shoppes too.
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What was the net price of ur studio. Is it an office or service apartment?
Babizz
post Oct 14 2020, 07:30 PM

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QUOTE(lshir @ Oct 14 2020, 12:41 AM)
345k after rebate, low floor at lvl 11. Residences carpark lvl 3-8, facilities deck at lvl 9, serviced apartment.
Is the price considered steep?
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Trust this is 500sf. About 690psf. Not covid friendly price. Investment in this area is hard.
Babizz
post Nov 26 2020, 02:15 PM

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QUOTE(adeline753 @ Nov 25 2020, 11:58 AM)
Placed booking, SPA price RM630k for high floor level 700sqf, waiting for loan approval. Booking is refundable so still taking time to considerate.

Any sifu can advice, is Residence South a good place to stay or invest? Just wish to not live in a dead town lol.

Since many people say SA bullshits alot so it's better to hear from you guys hehe
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Crazy price. If 30++% discount can consider for your ownstay la.

Best one is the reply " will get capital appreciation easily"
Babizz
post Nov 26 2020, 10:33 PM

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QUOTE(adeline753 @ Nov 26 2020, 08:28 AM)
After rebate is about RM572k, RM817 psf. Lower levels mostly sold out.

Just not sure if the location will boom or not, if not price very high, some more next to high tension cable.
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CRAZY. A quick search on Bricks will show that the median subsale price in TMP is 630-670psf. Taking 650psf as the middle means you're willing to pay 26% more for the same thing in this covid environment where there are tonnes of good deals out there??

https://www.brickz.my/transactions/resident...nce/non-landed/
Babizz
post Feb 4 2021, 11:16 AM

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QUOTE(cteh2 @ Jan 25 2021, 11:34 PM)
Hi, anyone have info/inputs on Metropack commercial hub - Shoppes?
Is it worth to invest ? About rm1100psf... maintenance fees I feel is high Rm0.70 psf.

Any inputs.  Thanks
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All the best!

this area resi also struggle. Doubt the commercial can make it with little corporate offices in the area.

This post has been edited by Babizz: Feb 4 2021, 11:18 AM
Babizz
post Apr 2 2021, 09:36 AM

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QUOTE(godlike666 @ Apr 1 2021, 07:30 PM)
RS maintanence fee + sinking fund is 0.48sen per sqf is it consider expensive? would you still go for it ? why?
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What RS? How many units in total?
Babizz
post Apr 2 2021, 02:56 PM

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QUOTE(godlike666 @ Apr 1 2021, 07:43 PM)
residences south, 656 units
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Wayy too expensive. 656 units is not low dense at all.

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