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 The Potpourri- @ Ara-Damansara, By See Hoy Chan, next to Citta Mall

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Clueless07
post Jul 18 2014, 08:16 PM

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QUOTE(lucifah @ Jul 18 2014, 07:47 PM)
change to what title?
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The Potpourri- @ Ara-Damansara
By See Hoy Chan, next to Citta Mall

Thanks a lot. Mind giving me access to modified 1st post in providing key details of this project, if that is not too much to ask for
Clueless07
post Jul 18 2014, 09:52 PM

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Thanks Lucifah. Will prompt u once I got the post compiled.

QUOTE(angeling79 @ Jul 18 2014, 09:15 PM)
But there's no balcony for 871 sq ft thou...
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Balcony not really worth the premium wo. Furthermore, mind u maintenance fee calculation inclusive of balcony area ya.
I rather pay a bit extra for living space instead.

Clueless07
post Jul 19 2014, 09:51 AM

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QUOTE(angeling79 @ Jul 19 2014, 12:35 AM)
definitely! I went to see one of the subsale units done by TTDI jaya - Subang Soho. guess what, they only have 5 visitor parking for the entire building! plus the maintenance looks horrible, no grand entrance, the paint on the lobby is falling off, no air ventilation or aircon at the main lobby. it was so hot n stuff while waiting for the lift. plus there's no aircon inside the lift too...I wonder how ppl tahan this condition. while paying a premium for the maintenance...
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I would also agree this is better than H2O. Price about the same but lower density, and the layout is more spacious - H20 squeezing 4 rooms to a 1000 soft unit, but only 3 CP.

If Oasis mall in 2019- also not bad le. potpourri VP in 2018. Sensible for them to delay the mall till this few high density condo in AD is filled up first. It must have the mass population to make the mall ONG on day 1. Else once started gloom , hard to pull crowd later.


Clueless07
post Jul 19 2014, 03:51 PM

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QUOTE(angeling79 @ Jul 19 2014, 03:01 PM)
jus received from SA today. 871 sq ft units left.

rm725k for 2nd floor
rm750k for 13A
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Which u prefer? The premium for high floor is so little only? Larger units is 5k per floor higher. Typically higher floor has better value- though... So ppls have their own idea otherwise.

Just collected my copy of signed SnP today... Looking more detailed on the disbursent schedule- 2nd payment is for the foundation-10% which could due in 2-3 months time. 3rd payment is the frame works(building beams) which could means much later as they sort of build floor by floor- so my guess is perhaps more than a year later.

Any sifu can shed some light on this?

Snap shot of the sales progress as below. Yes, there are still quite some unit available.

user posted imagew


Clueless07
post Jul 20 2014, 07:13 PM

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QUOTE(bigman @ Jul 20 2014, 05:08 PM)
nope..cos u bought it so u say portpourri is better than others?....in ara damansara...sime darby is tai ko...the best location and amenities (LRT station, offices, commercials..etc) will be intergrated with their project.... some more...potpourri is leasehold project...others mostly are freehold
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Which SD project do u refer to?
Others none SD project cannot uses the amenities? Need special SD pass to use LRT? I lol at Pacific Place residence stay next to LRT station but cannot take ride LRT.

Leasehold, you got a point. Then it is balance against many other factors.


Clueless07
post Jul 21 2014, 08:46 AM

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Sarcastic mode "ON" yesterday.... sorry about that.

Everyone can take LRT, even foreigner could. ... SD earns quite some land at AD, doesn't mean it own every piece of land and shunt other development next to their amenities.

Both H2O and Potpourri is right next to Oasis Square and Oasis Corporate Center.
Clueless07
post Jul 30 2014, 03:08 PM

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Ara Asia Dragon fund is selling off all the 5 properties in Malaysia- Citta Mall included.
Wonder what will happen to its fate
Clueless07
post Jul 30 2014, 06:40 PM

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QUOTE(lai_dm @ Jul 30 2014, 04:28 PM)
citta mall is much more better than ss2 mall
have u pay a visit to citta mall recently ?

open air car park always full

occupied by wellknown restaurant llike : McD, Paparich, Bubba Gump, Chille, Tony's Roma
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People are giving outdated comments w/out really visiting the place. Citta mall is quick lively during weekends. Even weekdays has it's crowd especially lunch time from the offices nearby. With the new SD corporate complex completed in a year or so time, things will only get better.

It is for sure no were near midvalley it one-U, but it ain't dead.
Clueless07
post Aug 11 2014, 08:11 PM

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I would thought the bad timing. The window for buyer to sign SnP was where BLR was increased. Take note developer also no penalty for cancellation on the booking fee. Guess many ppl back off
Clueless07
post Aug 14 2014, 04:55 PM

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QUOTE(gloomberg @ Aug 14 2014, 12:41 AM)
I think many didn't realise that on top of paying the full downpayment, the lockup period is 4 years until construction period is over. the uptrend wave is not in physical property for now... hence we can see more people investing elsewhere, places that are more liquid for now.
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Lock up? what do you mean?
well... during the said 4 years- need to serve interest. It is not much but still sizable ( assuming average out to be 40% of the price, say RM900k, effective interest at 4.3%- so it is rm 15k per year. Rm 60k total.

Another 10% Down payment and that would be 150k in total. Yeah, things differ from those days with DIBS and 7% discount making very easy entry. But this is the fact of the property sector now.


Clueless07
post Sep 22 2014, 05:32 PM

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QUOTE(angeling79 @ Sep 18 2014, 02:10 PM)
65% sold! Wohooo so happy! I bought a smallest unit there in July...
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65%... means has not really growth much compare to 2 months ago wo. May be some booking did not realized to sales, and new sales make up and maintain this number.


Clueless07
post Sep 28 2014, 09:27 PM

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QUOTE(genesis87 @ Sep 28 2014, 05:58 PM)
Went by the showroom earlier today. Sales have definitely slowed down but there were a consistent flow of 5-6 families when I was there.

Construction progress seems to be coming along well (or at least there is movement on the site). Heard that a price bump is around the corner too.
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user posted image
Quick comparison w a photo took 2 months ago.

Price bum? U heard from SA?
Previous buyer sure would love to hear. Not sure if a good thing though since still >30% unsold yet.
Clueless07
post Oct 21 2014, 10:02 PM

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Way, at this economic situation still raise price so much?
May be the premium for renew the lease is too high, 24 million last heard.
So they try to coup back some of the cost?
Clueless07
post Oct 30 2014, 07:25 AM

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QUOTE(Babizz @ Oct 30 2014, 12:40 AM)
yeah they lack anchor tenants.. but its now owned by a reputable fund la..so the future is there for citta mall
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Thought no more liao? Lee Kah Seng already sold off to someone.
The mall outlook improves a little - a few good eateries, but upper level still quite empty le.

Is the 8% premium post 15 Oct confirm? I am existing buyer, not sure to smile or frown....
Clueless07
post Nov 28 2014, 10:03 AM

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Lol... isnt that developer for H2O.... which is almost sold out.?
Clueless07
post Dec 2 2014, 04:15 PM

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Went by the site this afternoon. Din see much activities le. Suppose bz w lot of heavy machine on earth works and piling.
Clueless07
post Dec 2 2014, 04:36 PM

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Haha... Probably lunch time as well.
Though, I expect more heavy machinery.

Anyway- will pop into show roommn kepoh this weekend
Clueless07
post Jan 7 2015, 10:31 AM

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QUOTE(ju146 @ Dec 29 2014, 12:34 AM)
i thought it has fully sold quite sometime ago? or they are launching new blocks?
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No la, nvr fully sold. About 60% last check a month a go.


Jimmylee, why do you say "the car park plan is out". It was out since launching- only reveal to those who had made booking. if you make the booking- am sure it is printed in the booking slip. they had also shown the layout during booking but not hard copy given.

Though, the lay out is in the SPA, with and unit clearly marked. Have you got it?


i recall 900 sqft get 2 individual parking, while 1200sqft get 3 parking, of which 2 is in tandem.


Clueless07
post Jan 8 2015, 07:20 PM

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Well, is they have not got enough sales, they can't recover enough construction progress billing. This will sure have impact to their cash flow, be it small or large scale developer.

To start w, this SPA is 45 months.... It is darn long and probably most SPA weren't signed few months after launching. They could risk to delay few months And pay LAD to a small group of buyers n still make sense to them.
Clueless07
post Jan 9 2015, 01:43 PM

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Ya wo.... din realized this. Actually it is like old news since 21st Nov.
It takes 28 months for completion, which probably means excludes various accessories, ID, M&E.

http://www.nst.com.my/node/54823


Personally... means both the investment i vested in ( Rimbayu Chimes) and this are very much linked.

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