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Investment LAKEVILLE RESIDENCE @ TAMAN WAHYU, Another lifestyle highrises by Mah Sing

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VincentProperty
post May 11 2015, 10:13 PM

On my way
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From: KEPONG


QUOTE(seeseelooklook @ Mar 22 2015, 02:05 AM)
When I went to the sales gallery last month, I really considered buying it. I was looking forward to buy my first property, and especially attracted to those low entry cost ones. For me the location is good because the location is quite close to the city center (only 15min without jam), high discount, comes partially furnish, which should work for me since I cannot afford to fork out the big amount of money for d/payment + renovation.

I was already preparing my documents for loan submission (I have not pay booking fee), and at the same time doing a lot of research about the property, and decided that its a no go for me, for a few reasons:

1. The incinerator that's only 2km away, of which completion is also on 2018, same with Lakeville
2. The total number of units is just too damn high. Yes, its a big land area, but all sharing common facilities???
3. The lower cost condo right next to Block F
4. The rubbish dump
5. Its weird that Mah Sing is throwing lots of discounts everywhere, could be due to their cashflow problem. On their defence the rights issuance by Mah Sing seems to be very successful (at least according to The Star newspaper), but then you only issue rights when you have cashflow problem right?
http://www.thestar.com.my/Business/Busines...ibed/?style=biz

Anyway today I made a booking for a different property NOT around that area, now just finger cross that I get offer for loan:)
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can sharing little bit..
VincentProperty
post May 20 2015, 08:03 PM

On my way
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Senior Member
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Joined: Dec 2014
From: KEPONG


QUOTE(godlikexioo @ May 20 2015, 07:48 PM)
Total are 6 bloks +1 blok rumah mampu should be in total of 2.5 units within land size of 10++acres.
U can consider the lake as part of the land if u wan coz no further development on the lake. By DBKL approved density shold be around 1200 per acre. Nowaday is amost like this for all new launch project. Like the henge. Parkhill . No more those day 80 -100 / arce only subsale la.
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So you mean LAKEVILLE RESIDENCE got rumah mampu milik beside it and also name under "LAKEVILLE RESIDENCE " , is it?

VincentProperty
post May 20 2015, 08:12 PM

On my way
****
Senior Member
603 posts

Joined: Dec 2014
From: KEPONG


QUOTE(corleone74 @ May 20 2015, 04:18 PM)
see brensek's post on 8/5/2015, the brochure, read the fine print below. ""remaining lease: 88 year"
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Yep, on the Catalog, it stated

Land Tenure: Leasehold (24/04/2102)

Expected Date of Completion: June 2018

That mean once completion remaining lease is 84 years, am i right?

or Dev will renew the land again once complete?
VincentProperty
post May 20 2015, 09:31 PM

On my way
****
Senior Member
603 posts

Joined: Dec 2014
From: KEPONG


QUOTE(godlikexioo @ May 20 2015, 09:16 PM)
Where got developer so stupid sure make it different project but at same plot of land. U are selling few project is under something similar wat? Holme, park hill, the henge. Still ask? U should share us ur info ma.
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emm, Example Casa Green, ParkHill...
VincentProperty
post Sep 16 2015, 10:37 AM

On my way
****
Senior Member
603 posts

Joined: Dec 2014
From: KEPONG


QUOTE(Hunakadoo @ Sep 15 2015, 08:45 PM)
not sure , but i give up lakeville already due to avg psf pricing .
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nod.gif abit high for psf
VincentProperty
post Sep 28 2015, 11:08 AM

On my way
****
Senior Member
603 posts

Joined: Dec 2014
From: KEPONG


QUOTE(bananabread @ Sep 28 2015, 01:21 AM)
Block F - 15  buyer here...

Parking tendem.
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How much you bought?


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