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> Shamelin Star Soho-residence

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cadmus
post Jan 4 2013, 11:24 AM

too long...
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the sign board from the picture is located at this exact spot.

3° 7'31.81"N 101°44'9.10"E

I am staying nearby there.

Closest planned MRT(approx 3° 7'26.97"N 101°43'40.25"E) is opposite of Taman maluri Star LRT (3° 7'23.77"N 101°43'37.26"E).

Closest Star LRT is Pandan Jaya(101°43'37.26"E 101°43'37.26"E).

Rental for that area is mostly MARA institute students and Family type. They do have hostels nearby the Sri Bintang Utara school but i think it's for female only. A lot of them rent outside.

My view is that if it's for renting purposes, how much the MARA student will be paying? existing rental near the Sri bintang utara place is like RM1k to RM1.3k+-. 1kSF+- for about 15 years apartment. Got other place also but i dunno the rental fees.

Location is convenient. But you will still get stuck if you working in KL city centre but you are halfway the jam already. Got jaya Jusco (3°7'32.40"N 101°43'41.24"E) which is convenient to go via the new 2 lane each way bridge(3° 7'37.14"N 101°44'3.67"E) that allows u to go opposite the river. However, depending where you are from, you may need to do u-turn at traffic light, which is a hassle for now cos it's very fast turn red.

If you wanan go to MRR2, it is easy also but may face the traffic jam clot.

EDIT: Pandan perdana area got a lot of african renting. So i am not sure whether they will look into this new property for rental or not. 1 Shamelin shopping mall is kinda like a dead place for now. but got TGV cinema already. I am not sure whether 1 Shamelin will bloom or die. lol

EDIT: My concern is regarding the developer. Not sure the performance. New to property.

This post has been edited by cadmus: Jan 4 2013, 11:42 AM
cadmus
post Jan 6 2013, 12:15 AM

too long...
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QUOTE(taithinye @ Jan 2 2013, 10:18 PM)
the agent said 300k for 700++sq.ft
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QUOTE(taithinye @ Jan 5 2013, 12:54 PM)
This 700sq.ft for 380k is after discount.. very expensive.. not worth .. developer is very very new.. a risk !!!
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Hi taithinye.

if it's 380k lowest for 700 sqft, its about RM542/sf. Good for Star LRT takers. If wanna go to Putra LRT, then transit at Masjid Jamek. MRT is close by but if want to walk, it may take more than 15 minutes walk just to go MRT.

If compare with new development, say Desa Green Tower 3 by UOA, cheapest is Rm413k for 604sf and got 5% discount too. So, the after discount price is RM650/sf. the location is nearby Taman Desa. Good for ppl with cars but may not be good for public transport for now.

For this shamelin development, the location wise is okay. The price incorporated the premium for the location and maybe the design but liek u said, the concern is on the developer.

Right now the price for the shamelin old apartments can go for RM240k+- which was like a few mths back. Rental picks up around RM1.2k+- for 1ksqft. So, if wanna buy this development for that price, i would think buying subsale old apartment is better. Maybe put in like RM30k for renovations etc, then can rent out higher? the only drawback is that its old run down apartment but for me its compensated by the ease of location.

This post has been edited by cadmus: Jan 6 2013, 12:16 AM
cadmus
post Aug 2 2013, 09:49 AM

too long...
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QUOTE(scng @ Aug 1 2013, 04:57 PM)
I just got back from the show room and paid my booking for a 1054sqft unit with 2 parkings. Price is RM709k before 6% discount. left few more but all big units touching RM800 before doscount. i think there is few more 700+ sqft available if i'm not mistaken. BTW, price up by RM10 /sqft already.
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The surrounding old apartment going for like 250k/unit++ of about 1ksqft. Rental can fetch like 1.3k/mth.

So, if you buy 2 old apartment, do some touch up to make it about RM600k both, you can get total rental of about 2.6k/mth.



 

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