Well, I did note that Binastra won an award-Asia Pacific Property award for Best architecture and multiple residence something....for 'The Park' which is one of their project. Some notable developers won the awards too...

Hi.... Anyone signed SNP already?
Loan approved last week.

after loan approve...how long it take to sign snp and when to give down payment.

I think I will be getting a unit too...

Congratulations future neighbour. .. I bought 2 units. No hurry to sign snp..

For own stay or investment?

Not deep at all.. u can see Hyundai centre from cheras highway? It's just behind it.. higher ground

Block B 15%:discount
Block C 18% discount. .. so actually block C not expensive. .after discount, same price as block B.. so better pick block C.. more premium units

not high end.. but acceptable and no problem projects..

for own stay...it is my first house..so I'm quite clueless only snp n stuff..

good.. you know for investment.. no rooms to up.. currently selling 700k di.. cannot make it to 900k one..

it is named as luxury though...can I expect medium high?

I think Cox the size if too big?
if rental, possible?

Rentals 250 to 350 is easily rent out one.. if you calculate per room also.. still cant cover loans .. but forown stay sutely prepare to pay full loan sum with some rental collection can help reduce burden..

Problem is there are too many competition in cheras.. lets narrow down.. ur area there..

a) maxim mall and residence cheras sentral
b)connought avenue
c) green terraine condo
d)imperial residemce opposite green terraine
e) you city
f) you vista
e) and strings flats.. apartments around
g) ecovest cheras
h)other landed prop.. and etc

too high a competition rough calculation will be around2000 units at least for rental.. with each units with 3 rooms on average.. 6k rooms..

Have a thought

thanks for the advice!
for own stay is the primary reason..but I am considering if within the 3 years I found a better condo for own stay which is nearer to jk,might just rent out this instead... now I gotta reconsider my choice

U r the 1st person I see using number of rooms as statistics... . I stay in 3 rooms... My parents stay in 3 rooms too.. I've got a few friends 1 person to 3 rooms too.

You vista/city are high density serviced apartments.

Landed are for different category of dwellers.. flats?? Geezzz... I rest my case..

it might not be correct to use rooms to demonstrate how much supplies are the in the market.. lets just use the projects.. the list of projects and units available... that would do better logic.. since i do acknowledge due to the need to privacy, there are in fact rooms left unused, untenanted, unrent and etc...

please bear in mind that Green Teraine condo there, it is now post 6 months post vp... occupancy according to agents as of May2014 just mere 30 occupants out of 200 units..

guess what, the initial Vp price was 560k to 580k, by now it would have been 580k to 600k minimum, however, there are transaction transacted around 490k and 535k.. this signifies market are not healthy for rental game.. neverthelss, own stays should not pose any problem..

another factor that may aggravate the said areas was the traffic lights i am sure you notice, if Imperial residence, green terraine and green residence and those landed behind, on working hours/peak.. traffic is definitely going to crazy.. and it will stretch all the way along loke yew..

my 2 cents

Just my little opinion, i am not worry about the rental market, of course if we buy this project to aim the higher rental, there is abit risky. But, for the past experience, just take a look at Wangsa Maju, Setapak, and Puchong, who will believe from the beginning of developing in all these area, the rental for the medium high condo market can be achieve to RM3k and above? Few years back, when Platinum Hill PV3 was launched, many doubted this development due to its weak location (as it is near to low-cost homes and next to highway) and its high density feature. However, the developer has proven them wrong as it is a great investment for those investors. nowadays, total of 11 series Platinium brand condo in Setapak and can achieve quite good return in rental market.

Another example is the Seri Puteri Condo at Cheras Ikan Emas, 3 years back nobody can imagine that Cheras area rental can be go to RM2k to 2.5k,but today Seri Puteri Condo can rent out at such price with partial or fully furnished.

For the Green Residence, I am very confident with the location, please don't forget it is just a few MRT station to the city centre, when the rental increase in city centre, here is the opportunity, and based on the fact, our Ringgit will continous depreciate and facing high inflation for the future, maybe monthly rental 3k is common at 2017.


Who is interested with this project, please PM me for the more details info.

Thanks Qvivi21..rental still not the main effect now.

For own stay, how about you?
And why no hurry to sign SNP? The longer we hold the SNP, the longer they get to hold until VP late panelty.

Why would block C be more premium units then block B? Sizes at B and C are identical. Just block A has those small units.

what's vp?

Because block B have sold more than 70% units, and the block C actually just open at the previous pre-launching events, therefore still have a lot of units to choose, moveover block C is the highest one and have better view.

And now, the new purchaser for the block C can enjoy more attractive package, for celebrate in our official launching events on this coming weekend.

if interested, please pm me for the more details and RSVP.