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Investment SOUTH LINK RESIDENCE @ BANGSAR SOUTH [OWNERS' THR], The Living Gem of Bangsar South City
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gks
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 Nov 27 2017, 04:58 PM
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QUOTE(BEANCOUNTER @ Nov 27 2017, 04:54 PM) floating carparks..... definitely not the 1st, even condo in PJ got tis. will be fun hunting for where you park your car each morning.....worst still if you arrived home drunk the night before.... JMB will definitely charge...extra income....why not? To solve the issue.... Just give two tier carpark rental. On floating (cheaper) and fixed carpark bay. |
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gks
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Dec 1 2017, 10:26 AM
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QUOTE(restful increase @ Dec 1 2017, 02:43 AM) My only reason to buy southlink is its direct connectivity to university lrt via kl gateway. If this conmection is not happening i will drop my booking immediately even if uoa gives me 2 allocated carparks. My objective is v clear. Do not think the link is within UOA control. Ultimately is Suez whether allow the link to their mall and subsequently to university lrt station. |
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gks
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Dec 21 2017, 08:57 AM
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QUOTE(restful increase @ Dec 21 2017, 02:45 AM) Yes its a concern. Southview without a link to the universiti lrt is strugglimg to get tenants albeit better quality workmanship as compared to klgateway. Since vped 4 months ago heard only 20 + units rented out which is not very enouraging. Rental rates also lower at only rm1800 despite offering 1+1 room and buying price was circa rm100k more expensive than klgateway. The VP issued in Oct so it is about 2months+. The unit is bare without even aircon. To do up defect will take a month and some investors is taking wait and see attitude to do up OR resale the unit. To do up the unit decently will cost at least RM10-15K partly furnished. My gut feeling at current stage not many units available for rent yet. IMO wait for another 4 months for better reflection of occupancy. |
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gks
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Dec 21 2017, 09:29 AM
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QUOTE(BEANCOUNTER @ Dec 21 2017, 09:22 AM) Southviews no aircond and kitchen? Kao lat It is bare. Only Aircon piping provided. At least for SouthLink... fitted kitchen (fridge not provided), storage water heater and Aircon are provided. Just need to install ceiling light & fan, curtain and maybe wardrobe and the unit is ready for rent out with minimal Reno and downtime. |
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gks
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Dec 30 2017, 12:32 PM
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QUOTE(coffeeproperty @ Dec 30 2017, 11:40 AM) i guess u dont know Novum at 700psf last time and come with car parks and with better design , concept , etc southlink so high density , better avoid. dont forget 1 thing, no matter how good the location is , how good the development , but once come to 1400units in single development, it will be your nightmare if you are buy for investment purpose. lets see  Not sure about pricing for VVIP but for public Novum pricing is definitely not from rm700psf. Much more higher than this. If not wrong.. from rm850psf and pricier for small sizes. Another one thing... Novum smallest size is 647sqft for one bedroom.. where else it is 491sqft for 1+1 in SouthLink. This post has been edited by gks: Dec 30 2017, 12:37 PM |
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gks
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Dec 31 2017, 01:27 PM
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QUOTE(ryan@chua @ Dec 31 2017, 12:40 PM) Wah. 6months to 1yr only able to lease out ... big loss in rental 6-12months to see the occupancy rate.... Some owners Reno later, some slowly Reno for own use, some for sale, some Reno as soon as get key. Not all owners having same timeline and objective.. The renovation activity, spamming message from agents, the amount of active Ads in iproperty etc is a good indication of demand in certain properties. This post has been edited by gks: Dec 31 2017, 01:36 PM |
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gks
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Dec 31 2017, 01:28 PM
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QUOTE(BEANCOUNTER @ Dec 31 2017, 06:59 AM) Tenant profile may be different but the oversupply situation will be no different, sentul jln ipoh dutamas kepong bj cyber all same same. Okr tmn desa stretch also same same. When u mention oversupply. It is question of whether sufficient demand to meet the supply or not. |
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gks
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Jan 15 2018, 10:16 AM
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QUOTE(BEANCOUNTER @ Jan 15 2018, 09:44 AM) clearly UOA is much betterer than the so called maxim in preparing SPA......  wait....did UOA also listed down all the facilities in this project? incl. covered walkway to University LRT boh? Facilities? Hami facilities for UOA development?  |
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gks
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Jan 22 2018, 11:50 AM
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My experience with low floors with four sides blocked or face internal, the unit is very "ying". Some like it, some do not.
and with so many windows on all sides facing you... do not think that you are interested to let the curtains so openly.
Anyway... for SouthLInk it is not about view it is about the location and absolute pricing.
This post has been edited by gks: Jan 22 2018, 11:53 AM
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gks
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Jan 28 2018, 01:54 PM
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QUOTE(reyna_ho @ Jan 28 2018, 12:30 PM) If it's in Kerinchi lrt station there, wonder who it will benefit, unless it's located within bangsar South. Unless there's a mega future project around pantai dalam. Redevelopment of menara TM? If there is mrt3 station linked with kerinchi, I believe it is purely for connectivity purpose for connection to kelana Jaya LRT line. |
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gks
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Feb 3 2018, 06:58 PM
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QUOTE(greedyant2 @ Feb 3 2018, 04:45 PM) Just found out that there will not be a guard house at the main entrance for SouthLink and they might charged for car park in years to come. I couldn't understand this. Can someone explain this to me? No guardhouse in Southlink due to mixed commercial & residential development. They have boom gate with security card to the residential carpark levels. |
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gks
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Feb 4 2018, 05:32 PM
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QUOTE(Hunakadoo @ Feb 4 2018, 04:43 PM) The photos source from here? https://m.facebook.com/story.php?story_fbid...167813966699572 |
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gks
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Feb 6 2018, 02:51 PM
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The highest density is given. But at least the size of window is decent... Will not be as bad as those other high density projects.
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gks
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Feb 11 2018, 12:53 PM
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As investor we need to be flexible. The era where flipping upon vp is over and it take great foresight to spot such property.. even if you can spot it, with so much information available on market, forum, blog etc, subsale purchaser wouldn't pay over the odd where so many identical units available.
With SouthLink, not many development can offer similar affordable rental , location and even if rental market is not growing in 2021 (which very unlikely given limited supply in this part of KV), it will cannibalise other developments which pricier, much aging or location wise not as good as SouthLink.
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gks
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Feb 14 2018, 02:22 PM
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QUOTE(restful increase @ Feb 13 2018, 01:45 AM) I eecalled thr were.a lot of haters in alila low yat chat gp when the project was launched and their constant negative comments made me feel doubtful if i invested into a wrong project. But in hindsight now,i managed to rent my smallish 400++ alila unit at rm2300 pm without even a free carpark which is good rental income for ne now. if not mistaken, cheapest unit in Alila is from RM450K (these units are facing the next door apartment if not mistaken). Even with RM2300, still quite a good rental given the poor car accessibility and rundown neighbourhood.  The rental is quite comparable to Nadi Bangsar (which is a more expensive development). |
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gks
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Mar 6 2018, 09:05 AM
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QUOTE(BEANCOUNTER @ Mar 6 2018, 02:17 AM) Is southlink close to any cap ayam or cap turkey uni or learning institution? How many students can afford to rent 800psf apartments? With LRT... can go to many places which inclusive colleges. then again usually students prefer to stay near to the college. It is not just about psf but about the absolute rental. with rental below RM2K, you can pack in 3-4 students in one unit... I personally think it is good UOA pre-empt students from Southlink in the DMC. IMO there should be more student specific properties built to accommodate them just like in OZ and UK. |
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gks
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Apr 18 2018, 08:59 PM
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QUOTE(Propstarter @ Apr 18 2018, 07:40 PM) Is SL still worth the buy for 1+1 495sf @ rm850psf? Quoted by an agent from Fb ads. Does anyone knows any better offer than tis? Hopefully this review will help you. Do take this review with pinch of salt though. |
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gks
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May 28 2018, 03:58 PM
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Why referral fee goes to buyer first? I thought should go to introducer first.
This post has been edited by gks: May 28 2018, 03:59 PM
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gks
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May 28 2018, 04:56 PM
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QUOTE(HMMaster @ May 28 2018, 03:57 PM) I think the owner that introduce it to him only give him RM1K out of the 2% the owner get... *Do note that the referral fee is taxable. Yes, the fee will go to introducer and please note that developer will ask you to sign a form. It is risk introducer needs to take if you didn't declare this fee in your income tax return. Be prudent and do not take rm1 or 2k from buyer. |
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gks
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Jun 7 2018, 04:47 PM
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It is high density project. That's the given trend for past 2-3years. You have to pay the "price" for low and medium density good location property if any.
Now during the peak evening the traffic is horrible. When SPE is online, the traffic dispersion will get better. At least some infra upgrade on the area unlike some area developers keep building but nothing on infra upgrade.
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