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

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nkhong
post Jun 18 2014, 11:29 AM

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QUOTE(Clueless07 @ Jun 15 2014, 12:58 PM)
Typical type is 880 and 975, priced around rm 900 Psf
Most is the 975 unit is sold, while others r a little slow.

I book one 975 yesterday, but went back and gave some thought, today go change to 1250 sqft unit, at 950k.

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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? ?
nkhong
post Jun 18 2014, 12:03 PM

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QUOTE(kochin @ Jun 18 2014, 11:38 AM)
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.
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QUOTE(Clueless07 @ Jun 18 2014, 11:54 AM)
To be exact, both were on 13th floor, 5k premium for each floor higher. 
975 was 880k, while 1250 was 940k. So the delta is even smaller.

Well, 975k with option of the 20k reno package- means with 900k can straight rent out fully furnish
larger unit dont have this option and need hassle to do reno ( like rm 50k?) time and lot of trouble.
Also larger unit harder to rent out? and cost more on maintenance fee.

anyway- 975 were 2 bed room+2CP. while 1250 were 2b+1 study, with 3CP.
in which the study could be door up for a small room.

So- 1250 seems to be better value for money- and offer more flexibility for rental. I am very used to staying at landed- but now looking at potpouri facilities-  it really attract me- and would consider staying there upon VP.
I could then do away with maid, each of the boys with have a room.
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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?
nkhong
post Jun 18 2014, 07:36 PM

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QUOTE(kochin @ Jun 18 2014, 12:32 PM)
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?
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Boss, covillea different case, those bigger units 100sf extra with excellent view i need to fork out above psf that i pay for small units. But those big units with not so good view am not interrested.

So you got go in this project?
nkhong
post Jun 19 2014, 10:34 PM

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QUOTE(gogo2 @ Jun 19 2014, 02:37 PM)
Yield means more than your instalment bro. If 0 yield, means ngam2 cover instalment + maintenance. If negative yield, you need to pay certain part of the instalment. If -120% yield, means you didn't manage to rent it out and still need to pay all the maintenance fees etc.
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So this one, 880k with 2k rental how many percent yield?
nkhong
post Jun 20 2014, 02:26 PM

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QUOTE(yojbgi @ Jun 20 2014, 01:00 PM)
Jus to highlight a point from I was informed, RM20k must be paid within 3 months from the construction agreement, can u imagine total of, let's say, 500 units opt for the furniture package then dev will laugh all the way to bank by earning the FD leh ...
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They already laugh all the way to the bank by selling 900psf.

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