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

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kochin
post Jun 11 2013, 05:10 PM

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QUOTE(Vector89 @ Jun 11 2013, 05:02 PM)
Anticipated launching: Q4 2013

7 blocks, not more than 15 stories
Average Size from 750sqf - 1XXXsqf

Price ranging from: RM650sqf

First come first serve basis

Oh ya, LEASEHOLD
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smallest size sure BBB base on these kinda stats.
kochin
post Nov 7 2013, 12:05 PM

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suddenly paradigm residence looks like not too bad after all, huh?
kochin
post Feb 4 2014, 04:26 PM

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wah damn huge site leh
kochin
post May 23 2014, 12:03 PM

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launched.
kochin
post May 23 2014, 03:56 PM

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nice.
kochin
post May 24 2014, 06:17 PM

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suzannetan very well done. Congrats shc. Nice concept. Love the ac ledge and u box concept.
Bravo!

This post has been edited by kochin: May 24 2014, 06:17 PM
kochin
post May 24 2014, 11:13 PM

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from visuals, and about 4pm, 60% sold?
kochin
post May 25 2014, 04:34 PM

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QUOTE(CMW123 @ May 25 2014, 03:43 PM)
Concept nice but looks a bit dense due to maximizing number of units becoz of the height restriction to 15 floors, 750 units total but nothing beats the super 1xxx units high density of H2O. Verde OKR has facilities on the hanging bridge n this has units on the bridge itself!,

Those units facing the pool will be quite dark becoz of close distance between the towers, unlike aragreens, which is more generous with the common area. Brochure said the balcony capitalize on views of ara damansara township which to me becoz of the low height at least half of the tower are too low to see far anyway

Furnishing looks quality n the Rm20k optional package looks worth it which is surely subsidized, but does this means that part of this furnishing cost already factored into the pricing for the bare unit? The usual argument would be if most people would opt for the furnishing upgrade then your unit would have no competitive difference against others. The U-Box is interesting n wonder which furniture outlet is currently selling this?

Lowest entry I saw today is 755 sf at RM610k at lowest level 2. Generous allocation of 2 cp for 1 room unit but as said before it would be better to have at least 1+1 room for better flexibility n rental value which is offered by their 8xx sf unit but the price already nearing RM700k for that

As at 2pm today, I would say its about 6x% booked only, quite a lot of 1 room units available while the 9xx sf 2 rooms units are more popular. This is unlikely the response rate of a SHC project where desperate purchaser FORCE the SA to take their booking and mind u, only 5 out of 7 towers are open upto today. This also means the cronies did not saps that many units after all. I can conclude that with the current supply coming at ara damansara, the competition will surely heat up and projects which vp earlier would have more time to let market demand absorb the supply. This project expected vp is feb 2018

I see not many "young" people, mostly families or parents with adult children. If these group are under LTV 70%, no rebate policy may filter out those not ready to part with high cash downpayment

There are a few limited 525 sf studio but not opened n from the DL price starts from RM558k so does it means these are at Rm1xxx psf up

Leasehold is still a pain when other projects nearby are freehold except maybe pacific place but that is now subsale at rm650 psf, more than 20% lower
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Very good write up.
Concur.

kochin
post May 25 2014, 05:24 PM

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QUOTE(ASSASINS @ May 25 2014, 05:15 PM)
Now many parents buy for their children.
Coz they said if not help them buy now (maybe pay only downpayment, the rest children bear)
Later they not afford to buy house anymore.
Somemore nowadays many very "IN" parents prefered they child stay separated to prevent conflicts
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Ya, if I can, I will also buy for my children.
If kawtim, then I will buy my own retirement home.
If kawtim that one also, I will start buying for my grandchildren.
Only after that, I will start hunting for my shiny new ride.
kochin
post May 26 2014, 02:30 PM

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QUOTE(kubrick16 @ May 26 2014, 02:24 PM)
Anybody purchase there for own stay?
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i wish i did.
but cannot afford. cry.gif
kochin
post May 27 2014, 08:33 AM

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QUOTE(bigman @ May 26 2014, 11:47 PM)
some top deck is sky loundge...

below deck is unit...mean u staying below common area sweat.gif

try to buit as much as units since area of Ara Damansara not allow for high rise...near to air port
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who knows once RRIM starts, subang airport shift to rawang leh. tongue.gif
kochin
post May 27 2014, 03:06 PM

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QUOTE(ASSASINS @ May 27 2014, 02:58 PM)
same here...concept nice...somemore free ID (less than 1000sqft unit)...
Only free SPA....need alot $$$$$ cash....
tat day I heard 1 Uncle said : Wah, So Bah Bai ah SeeHoyCHan, others project at least some discount 3% or what la. The ID not nice also...好睇唔好用,都唔实际既!" at show unit...the pretty SA keep smiling  smile.gif
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wah leng lui also puji the SA pretty.
must be very leng lui liao.
siapa nama dia? tongue.gif
kochin
post May 27 2014, 04:27 PM

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QUOTE(HouseToLive @ May 27 2014, 04:23 PM)
Is there a chance tht it'll b moved?
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why not?
if RRIM is restricted by airport, therefore unable to achieve higher density? do you think $$$ makes sense or not?
RRIM is huge.
2230 acres.
that's about 97 mil sf.
if translated to additional plot ratio of just 1.0, that's an additional 97 mil sf worth of development.
at even RM100psf, that's an additional revenue of RM9.7bil.
worth to shift the small and obsolete airport or not?
must think big!

kochin
post May 27 2014, 04:38 PM

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QUOTE(maryjane9996 @ May 27 2014, 04:38 PM)
i dont think so since it involved tudm as well.
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tudm in sg besi also pindah lah boss.
bandar malaysia diutamakan, tudm ditepikan. tongue.gif
kochin
post May 27 2014, 05:11 PM

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QUOTE(maryjane9996 @ May 27 2014, 05:04 PM)
but sg besi no new development inside the air base.

this one A400 hangar almost finish leh.and skypark just add few more hangar near tudm base.

well i would be hating if they moved

RRIM apa tu taikor ?
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a lot of things can happen for RM9.7bil my friend.
kochin
post Jun 18 2014, 11:38 AM

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QUOTE(nkhong @ Jun 18 2014, 11:29 AM)
I was wondering why 975 is selling fast? Based your pricing, it should be 1250 that should sell faster.

Why i said so? Because 975sf x900psf=877k, the unit 1250 only go for 950k, that is only 73k extra to get extra 275sf. The extra 275sf only cost less than 300psf, so cheap. So funny that people didnt choose this.

Is it because of most people can only loan up to 700k-900k? ?
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the RM20k furnishing option apparently is granted for sizes below 1,000sf only.

however, 1,000sf and above should come with 3 car park instead.

not too sure if all i have mentioned is still valid or not.

kochin
post Jun 18 2014, 12:32 PM

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QUOTE(nkhong @ Jun 18 2014, 12:03 PM)
60k different only? And 1 extra car park, 60k -25k (the car park worth at least 25k i am guessing). So just 35k, even that 20k option available for less than 1000sf, it is actually no need to think at all to choose 1250sf, the best best buy if you die die also want a unit here. Many house buyer today failed in mathematic? Or i miss out something here? Need to more money for maintenance is people concern about?
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QUOTE(earthkid @ Jun 18 2014, 12:28 PM)
I am one of the buyer for the 975sqf unit, I suppose the reason why i've chosen this size s because of the affordability even though I am aware that the bigger units are cheaper in terms of the per sqf size, and from my experiences, it is easier to get a tenant for rental later on for a smaller unit. Even though the differences of both units are not significant, but getting the 975sqf has already hit my maximum budget.  thumbup.gif
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i think earthkid shared a very good point.

case in point:
even though marginal differences in pricing between these two units but huge difference in sizes (approx 30%) and 1 extra car park.
the pricey guy have a huge advantage, almost instant readiness to receive tenants upon VP.
tastefully furnished
covered under DLP

the bigger unit would:
pay more maintenance fee
need to furbish. time, cost, quality issues.

sometimes prop investment is also an art form rather than just pure numbers.

nk boss, did you get the bigger unit for covillea or the smaller one?
kochin
post Jun 18 2014, 02:16 PM

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QUOTE(CMW123 @ Jun 18 2014, 02:07 PM)
Boss, if that's the case, what is SHC sales strategy by not offering the furnishing package for units above 1000sf?

If they charge a high optional cost on furnishing package for the 1250sf unit say at RM50,000, doubt purchaser will not bite...

Can purchaser approach the same ID company and do a private deal?
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am sure there's a pretty valid reason for that.
and a pretty darn good one too.
am not at liberty to reveal my opinion but reckon it's a damn smart move on their part.
simply brilliant!
i learn something from this and would definitely be applying this strategy for my upcoming jobs.
kochin
post Jun 19 2014, 08:17 AM

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QUOTE(CMW123 @ Jun 18 2014, 10:11 PM)
U only expect 2k rental for investment of a fully furnish unit for 880k. That would be only 2.7% gross, even lower than 1 month FD
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you haven't include factors such as maintenance charges, sinking fund, insurance, assessment, quit rent, etc.


kochin
post Jun 20 2014, 04:38 PM

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like i mentioned before.
the RM20k have tonnes of advantages to SHC.
bravo!

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