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 CloudTree @ Cheras

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anzen600
post May 24 2013, 12:32 PM

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Aiseh, worth investing for rental yield ka?
anzen600
post May 25 2013, 08:56 AM

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QUOTE(matt0618 @ May 24 2013, 10:58 PM)
Bros.....anyone who currently stay somewhere nearby this area? I was told that it is really jam in the peak hours where you will need at least one and half hour to reach KL, Sunway, & two hours to PJ?
Also, how is the surrounding amenities here? convenient to restaurants, fuel station and etc?
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Im staying nearby and normally it will take abt an hr to reach KL, lot10 etc la.. If lucky sometime 40-45mins can reach jor but if raining jalat lor. No comment on pj or sunway tho. Amenities plenty la...mcm mcm pon ader.



anzen600
post May 25 2013, 09:11 AM

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QUOTE(WayneLee828 @ May 24 2013, 08:41 PM)
No.
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Haha thought so... Even wanna cover bank loan oso susah.. Aiseh. Monthly almost 3K, even manage to rent out @ 2k oso kena fork out extra to cover. Sien la why so mahal 1.
anzen600
post May 25 2013, 01:36 PM

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QUOTE(chulk @ May 25 2013, 09:15 AM)
boss, can recommend any project that the rental can fully cover the installment plus management fees ?  smile.gif
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Now, all project $$ oso crazy high, maner adr lagi mcm those pre yr 2010 projects can kasi u + cash flow or worse case pon can breakeven nia. Sad lor, maybe as th sifu sifu here said its really for ownstay lor. But for ownstay pon gaji mesti tebal lor..3k montly installement shocking.gif
anzen600
post May 26 2013, 03:00 PM

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Any taikors booked a unit edy ka? Tempted nia...
anzen600
post May 26 2013, 05:33 PM

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QUOTE(WayneLee828 @ May 26 2013, 03:23 PM)
For own stay, go ahead and grab one.
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Not decided yet leh for ownstay or investment...if for investment pon,not good on cap apr or rental yield nia.flip oso got better opt elsewhere..
anzen600
post May 26 2013, 10:35 PM

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QUOTE(Helius @ May 26 2013, 08:17 PM)
Where is your better option?
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Looking for those sub sale one lor...those condo around bkt jalil or oug,tmn midah etc

anzen600
post May 26 2013, 10:40 PM

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QUOTE(kbandito @ May 26 2013, 10:08 PM)
Oh forgot to mention the first two blocks opened for booking are already more than 50% booked
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So fast? No AP yet geh wor
anzen600
post May 27 2013, 02:24 PM

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QUOTE(chulk @ May 27 2013, 01:37 AM)
bro, whats the price will be?

assuming you buy 400K condo, rental can cover all the installment.
assuming you can get 85% loan due to bank valuation, therefore you need about 80K inclusive legal fees stamp duty and all.
assuming 3 years later the price appreciate by 10%, you make about 40K paper gain and 20K loan principle amount cover by rental.
there for you make 60K by paying 80K.

for new project,
assuming you buy 600K, only need to pay 12K, the rest all free.
assumingyou are early bird buy the first phase, and compare with last phase price different 10%, you gain 60K paper gain.
assuming 3 years later price appreciate 10% after completion, you gain another 60K on paper.
you make 120K by paying 12K.

(for simple calculation, i exclude the loan early settlement penalty and RPGT)
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The penalty for early settlement & RPGT dun pray pray leh cuz it alone 5% + 15% (if gomen x increase lagi in budjet 2014 lah) is edy 20% leh. So it leave u almost around 60K after minus off the taxes and stuffs (if got appreciate la cuz now edy selling @ future price jor). This profit of 60K also need to take into consideration the risk of abandon project leh.
anzen600
post May 27 2013, 05:10 PM

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QUOTE(familyfirst @ May 27 2013, 02:33 PM)
I was initially keen but now need to reconsider. With or without MRT, will there be a decent group of people willing to rent this high end condo?  After all, this will be the last to be VP'ed compared to condos within the vicinity eg Altitude, Cheras Heights, WOTP, Casa Green and Vina.  Still got market for decent rental ka?
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Decent group really no idea loh but if u manage to rent out the unit u can probably can cover 50% of your monthly installment geh.

anzen600
post May 27 2013, 08:26 PM

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QUOTE(kbandito @ May 27 2013, 08:22 PM)
A few cases already prove new condominiums in an established/mature/lack-of-land landed township can command higher price than the old landed terraces. For instance Damansara Foresta and Ameera/ Five Stone.
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Eh...those are prime locations wor, Cheras how to compare la.
anzen600
post May 27 2013, 11:59 PM

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QUOTE(chulk @ May 27 2013, 08:37 PM)
well if i not wrong, Heritage rental about 1500-1800 for studio, 2200-3000 for 3R2B depends on furnishing.
i cant predict the future rental for Cloudtree, but you guys keep saying 1300 1500.... hope that you just kidding... wink.gif
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Btw, chulk-kor the only way (for now) to the side via jln juara is abit cacat goin thro the old tmn n kilang kilang.. Any plan to make a 2nd exit to DP->lenseng ka? But only if mahajaya allow nia.
anzen600
post May 28 2013, 10:59 AM

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QUOTE(familyfirst @ May 28 2013, 10:26 AM)
High tension cable.

Anyway still a good consideration for own stay.    But for me, looking for investment purposes .. so need to carefully consider.  Think, think, think.
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me too, 3K commitment is not small (at least for me smile.gif ) & rental yield definately kenot cover the installement. So the only choice is hoping for cap app ah ? nowadays oso alot of "hidden tikus crouching kucing" in Cheras and can easily sampu any project even the condo cost more than half a mil nia. So doable ka ?
anzen600
post May 28 2013, 11:25 AM

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QUOTE(Baohulu55 @ May 28 2013, 11:17 AM)
Why recent ppl love to buy apartment or condo ?
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no $$ beli landed lor unless go for subsale unit but kena fork out big chunk of $$ for DP, reno etc. Some said condo secure D.
anzen600
post May 28 2013, 11:31 AM

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QUOTE(peri peri @ May 28 2013, 11:27 AM)
TIGHT TIGHT security, No kecoh kecoh with neighbor for parking their cars in front your gate, no fly no mosquito and no pest.
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aiyer recent news, cheras pertama condo tu secure guards kasi ppl chop wor. Maybe CT guard shud equip with parang and toys alike to protect the tenats nia...
anzen600
post May 28 2013, 11:47 AM

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QUOTE(johnlaw @ May 28 2013, 11:45 AM)
Ya la, we don't pay those guards just to open gates, wave hands and sleep.
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but mostly those landed houses guards are like tat wor.. somemore dun bother to chck and gate open 24x7 WTH..
anzen600
post May 28 2013, 11:58 AM

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QUOTE(peri peri @ May 28 2013, 11:56 AM)
But Chulk gor says after rebate is rm420psft with DIBS

not bad not bad.

Must better than the greedy price of One Amerin and Vina

Got KLCC view niah.
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KLCC view kena pakai telescope geh..
anzen600
post May 28 2013, 12:01 PM

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QUOTE(peri peri @ May 28 2013, 11:58 AM)
I also spotted some vacant land inside damai perdana there, potential for highrise.

im still trying to convince my bosses to vest here with the "MRT LINE 2" things

haha
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aiseh, then shoud wait for this "potential highrise" frm DP ??
anzen600
post May 28 2013, 10:52 PM

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Aiseh.. Byk lynian kena racn with this tim..
anzen600
post May 29 2013, 10:16 AM

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QUOTE(peri peri @ May 29 2013, 09:14 AM)
aiseh, cheaper than CT wor.

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