Investment SOUTH LINK RESIDENCE @ BANGSAR SOUTH [OWNERS' THR], The Living Gem of Bangsar South City
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 Oct 10 2017, 11:30 AM
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#1
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Senior Member
3,834 posts Joined: May 2008 
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Have to consider that lifts supplied is 5+1 for low zone and 6+1 for high zone
Total is 11+2 lifts for 1422units where majority is studios and 1+1. |
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Oct 11 2017, 03:33 PM
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#2
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(gilabola @ Oct 11 2017, 09:05 AM) From the map on UOA's website (https://www.uoa-southlink.com) there's 2 new exits/access to Duke3 or Federal Highway? Not too clear from the map The Setiawangsa Pantai Expressway construction is ongoing now which will lead to Bandar Malaysia, Chan Sow Lin, Bukit Bintang etc. The area is already terribly congested 5.00-7.30 pm. Really need new roads  The SPE's Kerinchi interchange is just between SouthView and KL Gateway. The flyover heading into the SPE already half constructed. Therefore you have direct link to 3 highways - SPE, SPRINT and FH and if consider the link at the Pantai Dalam to NPE, there are 4 direct links. IMO it is not the lack of links that causing the congestion but it is the traffic light and haphazard parking infront of flats/ university LRT station. This post has been edited by gks: Oct 11 2017, 03:36 PM |
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Oct 13 2017, 10:06 AM
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#3
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Senior Member
3,834 posts Joined: May 2008
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PM if there is a bulk purchase
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Oct 13 2017, 07:24 PM
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#4
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(Jagalat @ Oct 13 2017, 06:56 PM) Maybe l missed out, besides this project, which other projects have studio selling less than 350k? Thx Jagalat spot on. In fact.. if follow LRT line, which project sold for sub rm400k between here to KLCC. |
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Oct 17 2017, 12:48 PM
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#5
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(C&D @ Oct 17 2017, 01:15 AM) Lol. Is this place that great? I think the Bangsar South is well located and supported with infrastructure and amenities. However I think the properties are pricy as the absolute prices can be as high as those in more established area like Bangsar and MK. But Southlink the biggest advantage here is the compact size and low absolute price. Sure or not? Haha Can share your thought? |
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Oct 24 2017, 10:16 AM
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#6
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Senior Member
3,834 posts Joined: May 2008
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There is no excuse I think... the amount of units 1,422units and 32units/floor is still a ridiculous amount.
But similar to their past project like B8, Camellia and SouthView they are doing centralised low and high zone lift to reduce the waiting time and time in the lift. In my view, the lift design that stop at 26 levels (with 32units/level) is better than lift design stop at 52 levels (with 16units/level). |
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Oct 24 2017, 11:24 AM
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#7
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(bigman @ Oct 24 2017, 10:52 AM) like comparing BMW 5 series with Toyota Vios... Property market currently is definite not the best place to put the cash now with sentiment and dropping transaction & value. Government also pumping a lot of affordable housings and therefore plenty of choices for house buyers. Capital gain is quite hard to forecast now but I think rental liquidity should be there despite the 1,422 units. I do not think Southlink has many competitors out there except within itself. too many investors here...rental sure super competitive....and capital wont appreciate much.... this is common problem facing by all investors now... If you have better avenue to get better return from your cash, should skip property... |
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Oct 24 2017, 04:59 PM
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#8
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(restful increase @ Oct 24 2017, 04:42 PM) exit at circa rm500k for 1+1 unit and rm450k for studio in 5 years time. if you think the rental only can achieve RM1,500pm I think pretty hard to exit at RM500K +/-. do not think investors will come in at 3.6% gross rental yield. |
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Nov 2 2017, 08:57 AM
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#9
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3,834 posts Joined: May 2008
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QUOTE(restful increase @ Oct 27 2017, 02:18 AM) My conclusion is similar to propcafe's conclusion that southlink will standout positively when it is vped in 4 year's time. So i am not surprisedcl to see popcafe's final conclusion. In analysing studio/single bedders situated near kelana jaya lrt stations, propcafe left out freehold Eve Suite @ Ara Damansara and also freehold Alila@Brickfields. Both these 2 projects also have small studio units and renting in the rm1800 to rm2200 range. Advantage of eve suite is that it is only less than 80m fr the ara damansara lrt via covered walkway and alila is via 200m covered walkway (with 2 security guards stationed inside). Southlink on the other hand will be 700 m away fr university lrt. The biggest advantage of Southlink is the absolute pricepoint. If Southlink can be considered as Kelana Jaya LRT property play, their closest competitor is like Pinnacle PJ, Amcorp and Maytower where asking price is still less than RM400K. However they are studio less than 400sqft and without carpark. Where else Southlink is almost 500sqft for 1+1 bedroom and comes with floating carpark.Eve is much further away, the 1 bedroom 680sqft is already asking RM500K. Alila I believe after VP will be asking > RM500K as well. |
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Nov 2 2017, 09:55 AM
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#10
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(Angela95 @ Nov 2 2017, 09:14 AM) Saying bbb this project. But still so many units left over and many agents keep promoting it. BBB time is over. Do not think any project will sell out overnight except maybe AK and Maxim. Then again... AK and Maxim has their cheques collection drive for few months before open for booking.Haha. After vp u will get it with lower prices here no matter how low the absolute prices. This post has been edited by gks: Nov 2 2017, 09:56 AM |
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Nov 2 2017, 05:50 PM
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#11
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(hihihehe @ Nov 2 2017, 02:15 PM) partly furnished If SV's 1+1 is partly furnished with just kitchen cab c/w hood & hob, light, water heater, aircon and curtain can get RM1,700.. IMO not bad. |
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Nov 2 2017, 06:53 PM
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#12
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(Giant @ Nov 2 2017, 06:30 PM) if take that SV rental as a benchmark, SL 1+1 unit rental might be RM1.3K-1.7K, Studio will be RM1.1K - RM1.3K I believe rental for SV 1+1 and klgw studios will improve in next 2-3years as they do not have much incoming competitors which will allow the supplies to be absorbed. Until SL or other developments in BS is VP-ed post 2020. This post has been edited by gks: Nov 2 2017, 06:54 PM |
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Nov 7 2017, 01:55 PM
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#13
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Senior Member
3,834 posts Joined: May 2008
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Read from the edge, the Sphere will be scaled down to lifestyle center ie just f&b outlets, supermarket and convenience shops.
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Nov 7 2017, 02:34 PM
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#14
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(BEANCOUNTER @ Nov 7 2017, 02:24 PM) it is what its now, no? Yup and rebuild the same thing. Then again.. didn't make sense to have another mall where klgateway mall just around the corner with MV just a stone drive away. |
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Nov 17 2017, 06:07 PM
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#15
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Senior Member
3,834 posts Joined: May 2008
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The access and partially built elevated bridge from Southview already done. I wonder why it is not linked. Maybe await for KLGW Premium and Suites to be completed first before link up.
IMO if this is done, UOA surely will link Southpoint to Southview as the hotel guests will need access to the mall and University LRT station. |
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Nov 19 2017, 09:17 PM
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#16
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(overNover @ Nov 19 2017, 06:39 PM) Can i get the verification that the propcafe quoted Propcafe's article I think for early birds. Price I understood already up and UOA even engage external agents to market all available units. "highest floor for 1+1 bedroom 491sqft still cost less than RM400K" is still a valid offer currently? Would say this is classic case of early birds gets the worm. |
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Nov 19 2017, 09:26 PM
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#17
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(vonwaterloo @ Nov 19 2017, 07:40 PM) Reading from entries here, I am seeing ppl planning to exit at 450k-500k. I booked at 415k. Assuming 35 years loan with 10% down payment, monthly installment roughly 1.8k(exclusing maintenance fee) Loan interest roughly 18k upon completion. Completion: Q2 2022. Personally I think rental game (liquidity) is more relevant here. Even using capital gain as benchmark, you have to compare what are the launches this year could potentially give similar return.There are a lot to consider. But I agree with your points. |
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Nov 19 2017, 10:18 PM
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#18
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Senior Member
3,834 posts Joined: May 2008
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IMO no point dwell of the past to make your present investment decision. Some even mention about bulk purchase and vvip that got hefty discount versus early birds but If not cable or network just need to buy base on your own resources.
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Nov 22 2017, 09:29 AM
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#19
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Senior Member
3,834 posts Joined: May 2008
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Not Apple to Apple comparison
70% of SouthLink is studio and 1+1 variance MV is minimum 3 bedrooms. If you count human density...MV maybe much higher. |
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Nov 26 2017, 08:25 PM
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#20
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(chongmelvin2238 @ Nov 26 2017, 08:20 PM) SA said no fixed parking allocated. First come first serve. It's like government flat. Anyone can park anywhere within the parking. Is it true? Few of the development in KLCC already done this. Southlink is not the first one. However a good thing is the carpark parcels end of the day belongs to MC. They may decide to impose carpark fee or waive it. Personally i think they should charge the carpark usage and the monies collected will go to maintenance and sinking fund.UOA said this is fair for everyone. First time encounter such scheme. |
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