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 Scott Garden Old Klang Road SOHO, -dead, alive or roaring soon?

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ecin
post Jan 28 2014, 12:12 PM

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QUOTE(Clement1001 @ Jan 28 2014, 11:02 AM)
i would say if scott soho still maintain as what it is a year later, this will be a bad reference for those who had bought other developments along OKR.
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imho, bcz of it's soho
stratocaster
post Jan 28 2014, 01:05 PM

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why some ppl so happy SG not doing well?

This post has been edited by stratocaster: Jan 28 2014, 01:06 PM
chewlee
post Jan 28 2014, 01:09 PM

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QUOTE(stratocaster @ Jan 28 2014, 01:05 PM)
why some ppl so happy SG not doing well?
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Maybe they want to rent/buy it at cheaper price
Brad11
post Jan 28 2014, 02:14 PM

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QUOTE(kochin @ Jan 28 2014, 11:41 AM)
executive spa?
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You're right bro kochin! The crowd will then shift from Cititel to liven up streets of OKR! New camo-red light district.
Brad11
post Jan 28 2014, 02:39 PM

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To be honest, i am so thankful i didn't purchase a unit at SG 4 years ago. I can vividly recall how the SA was hard-selling the unit to me at their showroom in Brickfields.
Vv.SoViEt.vV
post Jan 28 2014, 02:50 PM

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QUOTE(Brad11 @ Jan 28 2014, 02:39 PM)
To be honest, i am so thankful i didn't purchase a unit at SG 4 years ago. I can vividly recall how the SA was hard-selling the unit to me at their showroom in Brickfields.
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if there is no avantas, benteng8 or petalz, maybe SG is worth to buy. But now... i dont think so. from the unit lights I see at night, maybe 15-20% occupancy. Wait another 2or3 years sure got ppl rent/buy. I cant wait for avantas up and see what happen laugh.gif price up up up, zero buyer
Clement1001
post Jan 28 2014, 03:28 PM

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i got mine 3 yrs ago and sold it recently with profits ! biggrin.gif
yeeck
post Jan 28 2014, 03:31 PM

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Good buy if you bought at developer price...not if you bought subsale.
Vv.SoViEt.vV
post Jan 28 2014, 03:35 PM

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QUOTE(Clement1001 @ Jan 28 2014, 03:28 PM)
i got mine 3 yrs ago and sold it recently with profits !  biggrin.gif
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uh? if ur unit sold with profit why ask us? you should tell us if SG is good investment doh.gif doh.gif doh.gif

QUOTE
If this scott soho doesn't represent a good investment for a new niche property along OKR, can i say that for the other new launch will follow to the same direction. Nice concept, good amenities but location are not as good as investor anticipate.

How will they react from those who have bought Petalz, verve and others which are more expensive than scott soho.



SUSnilambanting
post Jan 28 2014, 03:36 PM

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QUOTE(Clement1001 @ Jan 28 2014, 03:28 PM)
i got mine 3 yrs ago and sold it recently with profits !  biggrin.gif
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of course with profit, if not, wat u expect? RM 10 also profit
lilzany
post Jan 28 2014, 04:01 PM

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QUOTE(Vv.SoViEt.vV @ Jan 28 2014, 12:12 PM)
few pages back, we already have discussed this. oversupply of highrise in OKR. Safest bet = buy landed prop and go to sleep. It still appreciates depending on location. Petalz, benteng8, avantas, etc etc good luck as OKR are flooded with highrise. High chances they suffer the same fate like SG. 1 year ++ has passed for SG, still below occupancy rate. While I think Verve buyer is slightly different as they are one level above, i dont think they mind if their investment go fly kite. laugh.gif
rental from 1.5k to 1.4k and going down if owner desperate for rent. I think even 1.4k, rental still can go down. Else situation continue, owner will continue pay his maintenance fee... burn RM150-200 for nothing. I rather eat kfc with this money bukan?
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or maybe it can become another Bangsar...Jalan Telawi area used to be all pubs but now is mostly high end restaurants and cafe
Brad11
post Jan 28 2014, 04:36 PM

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QUOTE(nilambanting @ Jan 28 2014, 03:36 PM)
of course with profit, if not, wat u expect? RM 10 also profit
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Some are lucky to dispose. But it's tougher for others. I think its the SOHO concept that people can't grasp? Would it have done better if SG was a condo? What's your thoughts?
Iam Power
post Jan 28 2014, 05:13 PM

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SG is going down, and it will continue going down. Good luck to all investors.

I personally dont like Scott garden because of
1) Its a rojak! People like staying in organized units, and having SOHO meaning u might end up staying with non residential units on your floor.
2) There is no control over the units bought (u might end up seeng a myriad of business opening on your floor )
3) The commercial units down there end up being mostly pubs and beauty related shops (sigh) kinda put its class down

And with many units coming to OKR, i foresee great challenges for people to even rent the unit out in sg.

Vv.SoViEt.vV
post Jan 28 2014, 05:28 PM

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yeah facial and beauty shops... if SG dont control over their retails, it will fall like parkson and other medium/low-end shopping malls. From there, they will fall. They need famous retailers/food outlets to come to SG. Tesco is a great success to come to SG. Rental is dropping to 1.4k, already not a good sign. If avantas, petalz, benteng8 all up, i just wana stand aside and watch movie.

just my 2cent... dont take it seriously. Chill and peace~
nakedtruth
post Jan 28 2014, 06:52 PM

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QUOTE(Clement1001 @ Jan 28 2014, 03:28 PM)
i got mine 3 yrs ago and sold it recently with profits !  biggrin.gif
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sell after or before 2014?

This post has been edited by nakedtruth: Jan 28 2014, 07:04 PM
lkflee
post Jan 28 2014, 10:58 PM

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QUOTE(gaikkee @ Jan 3 2014, 12:18 PM)
Hi... i hv a unit @ size 775 wanna let go- sales or rent......higher floor,not noise even new year eve...suitable for stay...
Who interested do pm me... thx...
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Hi, I'm interest how much you want to let go ?
ryei
post Jan 29 2014, 11:29 PM

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i'm looking to rent a unit at Block B, prefer high floor, unit number 20-30, facing river.

if you do have a unit, pls pm me
RomaNce
post Jan 30 2014, 01:36 AM

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I just feel so funny why so many people do not like SG do well.

1.) soho at night not many lights....because some rented to office and some rented for live in.
2.) occupancy rate is about 70%. Those familiar with the management can go and check
3.) SG will not die because a lot of owners able to hold it without fear
4.) high demand at okr. One of my units vacanted for 1 day and taken up with the rental of rm 2300
5.) i making money with my investment at SG , rental return of about 7.3% per annum
6.) no worry of the rental will keep dropping as me and other owner who able to hold it will not rent below rm2k per month
7.) petalz, benteng 8 is at the other corner, which accessibility is a problem. Secondly with the selling price of petalz n benteng 8, definately cant have the same rental as SG
8) SG with CIMB at it and ambank and maybank nearby, this is the location for business
9) anyone can try call and check with agent, see whether u can buy any throw price unit or not. The answer is no, because no one selling at low price. This mean the price is not going down


If those who holding Scott soho and do not know what to do and wanna throw price, PM Me. I will consider buy from u.
RomaNce
post Jan 30 2014, 01:37 AM

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QUOTE(ryei @ Jan 29 2014, 11:29 PM)
i'm looking to rent a unit at Block B, prefer high floor, unit number 20-30, facing river.

if you do have a unit, pls pm me
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Have u got your unit? Seem like difficult for u to get a unit there....because not much vacant unit.
RomaNce
post Jan 30 2014, 01:41 AM

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QUOTE(nilambanting @ Jan 28 2014, 03:36 PM)
of course with profit, if not, wat u expect? RM 10 also profit
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Owner will make rm50k profit if sell it at rm460k. If u can get me a rm460k unit at block b pool view...let me know. I confirm buy from u.

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