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Investment SOUTH LINK RESIDENCE @ BANGSAR SOUTH [OWNERS' THR], The Living Gem of Bangsar South City

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post Sep 26 2013, 12:22 AM

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This YNH project is located just beside the recently launch freehold project "Southview" by UOA. Any one knows how many floors does YNH project has for each of its block?

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post Sep 26 2013, 12:25 AM

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Also YNH project will be competing head-on with Southview (block A+B) totalling 1,204 residential units and another 4 high rise residential blocks of KL Gateway.

If YNH project freehold or leasehold?

How is it connected to the Kerinchi LRT?
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post Oct 12 2017, 12:58 AM

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QUOTE(kiwiguy @ Oct 11 2017, 03:04 PM)
I was informed that tomorrow price will go up 5% ๐Ÿ˜ฌ
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i managed to book a 1+1 unit facing southview and pool facing after their office hours today. saw quite a number of purchasers there despite the late hour. the 2 floor retail units below the apartment sets it apart fr southview as it gives convenience to the tenants for their day to day shopping.
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post Oct 24 2017, 08:58 AM

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QUOTE(Eddy924 @ Oct 23 2017, 06:51 PM)
Any agent for this project here? Please contact me, thanks!
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just go to the showroom at bangsar south. u can just waze it. its just above the old town cafe. The place is full of investors. Everybody buying for every else 2 stay coz i doubt i will ever stay stay there. its 32 units per floor serviced by 6 lifts.
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post Oct 24 2017, 10:25 AM

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Despite the 568 inits per acre which is arguably higher dense than Mah Sing's M Vertica on per acrerage basis, i think its still an ok investment taking into acct of rhe 700m covered link walkway to universiry lrt, freehold status and the 2 storey retail units below. Its rentable for rm1500 pm for the 1+1 room and probably rm1.2k pm for the studio unit. Investing into this project wont make u rich but it will an easier exit point later as compared to investing in BBCC by ecoworld and Pavillion Damansara by Malton.
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post Oct 24 2017, 10:33 AM

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QUOTE(propertybbb @ Oct 22 2017, 04:24 PM)
cannot wait propcafe to post...but i think with thia absolute price...it is rather safe la...
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Prop Cafe still drafting writeup after visiting showroom ma...

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post Oct 24 2017, 11:16 AM

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QUOTE(bigman @ Oct 24 2017, 10:52 AM)
like comparing BMW 5 series with Toyota Vios...

too many investors here...rental sure super competitive....and capital wont appreciate much....

this is common problem facing by all investors now...
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its true. too many service apartments being erected. as an investor we gotta be very careful whr u put yr money into coz exit point is gonna be tough in the future as the trend for luxury condo now is to sell below s&p price. gone are the days u sell at 20% capital appreciation upon vp.
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post Oct 24 2017, 04:42 PM

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QUOTE(BEANCOUNTER @ Oct 24 2017, 11:24 AM)
easier exit? on studio and 1+1?

exit is depends on your asking price........
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exit at circa rm500k for 1+1 unit and rm450k for studio in 5 years time.
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post Oct 24 2017, 04:45 PM

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QUOTE(gks @ Oct 24 2017, 11:24 AM)
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.

If you have better avenue to get better return from your cash, should skip property...
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for some investors, property purchase is an addiction so live live also have to buy properties for other people to stay. sometimes gain more and sometime gain little. Cocaine addicts need 2 smoke cocaine. Property addicts will beg, borrow or steal to buy their next property.
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post Oct 24 2017, 09:39 PM

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at this moment the average rental rate in bangsar south is rm3.40 psf. So rental will be between rm1600 to rm1700 pm for 1+1 room.
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post Oct 25 2017, 12:14 AM

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QUOTE(kiwiguy @ Oct 24 2017, 11:22 PM)
that make sense. camellia 638sf 600k rental rm2300 (rm3.60psf). this gave a rental yield of 4.8%. if rental for southlink rm1700, 5% rental yield equivalent to rm430k property price only. rm500k is a bit too high.
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not all rental yields makes sense as there could be people who r buying for own stay. rental yield is only 1 factor. many landed properties hv very low rental yields ie net 2 to 3% only as investors are looking for capital gain. southlink in the future could be sold in the subsale mrk for rn500k based on affordability and its freehold status.
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post Oct 25 2017, 08:58 PM

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QUOTE(blessedvillain @ Oct 25 2017, 07:35 AM)
If highway noise is a concern, consider buying southlink facing vertical or the school. Pay extra 30k, problem solved.
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I bought my unit facing face pool view and facing southview. Hopefully not too noisy for my future tenants.
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post Oct 26 2017, 05:37 PM

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QUOTE(empatTan @ Oct 26 2017, 01:42 AM)
D Fed highway, duke and lrt is no play play oh...

Will uoa b giving sound mitigation measures for d price...?
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No sound mitigation. Our tenants have to bear with the noise. But lrt is 700m away so noise fr lrt should not be a problem.
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post Oct 27 2017, 02:18 AM

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QUOTE(propertybbb @ Oct 26 2017, 08:00 PM)
Propcafe just published the review...layouts are there. Good n fair review.
http://propcafe.net/southlink-bangsar-south-by-uoa/
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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.
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post Nov 4 2017, 01:23 AM

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QUOTE(gks @ Nov 2 2017, 06:53 PM)
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.
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Novum and Bon Estate will VP by 2019 and 2020.
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post Nov 4 2017, 01:24 AM

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Kl gateway 1 room 547 sq ft fetches rm2200 pm F/F. Better yield than southview albeit leasehold.
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post Nov 5 2017, 01:08 AM

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QUOTE(propertybuddy @ Nov 4 2017, 07:29 PM)
Exactly.๐Ÿ‘๐Ÿผ Tenant donโ€™t ask your unit is leasehold n pay u less rental.

There are a lot of ppl having the misconception of freehold is always superior to leasehold. N some die die want FH.
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I would expect leasehold properties to hv better rental yield as leasehold properties should be selling 15% cheaper than FH all things the same.
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post Nov 6 2017, 10:03 PM

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QUOTE(raw7118 @ Nov 6 2017, 09:03 PM)
Interested to buy. Any agent pm please. Thanks.
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Just go to the showroom for uoa. Waze it and take a grab car there.
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post Nov 7 2017, 11:36 PM

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QUOTE(Angela95 @ Nov 7 2017, 07:26 PM)
800sf highest floor only 2.1k

Will further down next yr and future with more VPed condo and poor performace of economic
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Actually if its klgateway which is nearest to universiti lrt and also mall downstairs, rental will maintain coz its convenient for the tenant. Southview and southlink not as convenient due to the distance. Southlink although further to the lrt has the convenience of the 2 storey retail units below which helps to pull in the tenants as well.
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post Nov 22 2017, 09:01 AM

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The 3 selling points abt southlink is its direct covered walkwat to university lrt, FH and the 2 storey mall below to provide shopping convenience. Also each unit comes with a balcony which is good as yr tenants can opt to smoke at the balcony and it gives a more airy feel with a balcony.

The setback is although covered bridge will be provided its 700m away (not too near). Its also highly densed at 568 units per acre making it arguably the highest dense project in recent launches, even more densed than Mah Sing's M Vertica.

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