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Investment Sunway Geo Residences,South Quay Bandar Sunway, Any Opinion?

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meteoraniac
post Oct 8 2013, 08:42 AM

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will be booking the E or type F units when PALS invited to book

I think dual key concept for a big unit is an interesting concept, especially with the younger generations looking for the most 'in' thing,


usjhk
post Oct 8 2013, 10:10 AM

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QUOTE(yeap99 @ Oct 8 2013, 12:11 AM)
Internal staffs shall select b4 PALs...my friend is one if the sunway staff.
If u are not PALs or internal staff, hard to get 829sf unit
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Type A-829 sf, 2 units per floor, 30 floors will have 60 units, minus 30% reserve, then only left 42 unit.
Best property review
post Oct 8 2013, 10:56 AM

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QUOTE(usjhk @ Oct 8 2013, 11:10 AM)
Type A-829 sf, 2 units per floor, 30 floors will have 60 units, minus 30% reserve, then only left 42 unit.
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How much is this type?
yeap99
post Oct 8 2013, 01:23 PM

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QUOTE(usjhk @ Oct 8 2013, 10:10 AM)
Type A-829 sf, 2 units per floor, 30 floors will have 60 units, minus 30% reserve, then only left 42 unit.
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I believe it will all be taken when open to public. It's a BBB for this one
yeap99
post Oct 8 2013, 01:24 PM

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QUOTE(Best property review @ Oct 8 2013, 10:56 AM)
How much is this type?
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Starts from 766k
Best property review
post Oct 8 2013, 01:45 PM

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QUOTE(yeap99 @ Oct 8 2013, 02:24 PM)
Starts from 766k
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Average price is 950psf... starting from 900psf
linghen
post Oct 9 2013, 11:36 AM

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QUOTE(yeap99 @ Oct 8 2013, 01:24 PM)
Starts from 766k
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anyone already received email for the preview?
Best property review
post Oct 9 2013, 12:29 PM

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QUOTE(linghen @ Oct 9 2013, 12:36 PM)
anyone already received email for the preview?
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Only by sms if you are PALS
easypeasy11
post Oct 9 2013, 11:17 PM

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QUOTE(Donald Trump @ Oct 6 2013, 10:04 PM)
So many expats stay in subang and sunway...how long u never go to these 2 places already doh.gif
They r tonnes of middle east, tonnes fr those russian republics, some korean, lots of indon esp chinese, mat salleh esp in sunway edu and medi, lots of jap in subang and saujana, etc etc, if dun know dun simply say
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With sunway geo, hospitals, mall, international schools/units and malls, looks like sunway may want to replicate MK? Can sunway do it? hmm.gif
ecin
post Oct 9 2013, 11:45 PM

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QUOTE(easypeasy11 @ Oct 9 2013, 11:17 PM)
With sunway geo, hospitals, mall, international schools/units and malls, looks like sunway may want to replicate MK? Can sunway do it?  hmm.gif
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Sunway is better than MK, why to replicate? hmm.gif
tongyk
post Oct 9 2013, 11:46 PM

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QUOTE(easypeasy11 @ Oct 9 2013, 11:17 PM)
With sunway geo, hospitals, mall, international schools/units and malls, looks like sunway may want to replicate MK? Can sunway do it?  hmm.gif
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why not? Indeed, it will be better than MK ...

you forgot to mention, there are universities and theme park ...
Chris Chew
post Oct 9 2013, 11:51 PM

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QUOTE(ecin @ Oct 9 2013, 11:45 PM)
Sunway is better than MK, why to replicate?  hmm.gif
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+1 ecin boss ...

For me, I dunno why that I much prefer Sunway South Quay ( along with DPC ) much more than MK although it is too small to replicate it into multiple towers of MK.

Chris Chew
post Oct 10 2013, 12:00 AM

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QUOTE(MaxKHOO @ Oct 6 2013, 10:46 AM)
For investment, is this worth going in? The RM900 psf is probably for the big units. For the small units 829 sf, it starts from RM766,000 as published in their Facebook. That is RM924 psf. After 10% promo discount, it is RM831 psf. It's not furnished. Only aircons are given. Need at least RM50K to RM60K to furnish decently.

If take 90% loan over 35 yrs, monthly installment would be abt RM3200. Plus maintenance fee of RM348, need to rent out RM3550 in order to cover the monthly commitment.

You think this is a good investment??
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Bro, IMO, financial portfolio is very important to determine whether this is pure do-able investment.

If any of my friend, wanted to buy this GEO Residence for investment, and looking at stretch 90% loan for zero downpayment and for 35 years and trying to expect that the future rental can 100% cover the full monthly installment + monthly maintenance fee, I would strongly urge him not to buy.

I believe that we may be positive in every products we are buying but also we must determine at risk management and prepare or plan to accept if there is any market drop where the price could be stagnant and rental price could be windfall. If we able to sustain this ( if it is coming ), I am sure it would be a clear winner.

Even though I am only eligible for max 70% loan and 35 years max. I only considering and prepare to accept the future lower rental yield of say RM 2500 per month and able to have such fund to top up btw RM 500-1000 for at least 2-3 years to flip it off for greater capital appreciation.

In my limited funds, when ever I have my prop VP, I always prepare to accept lower rental yield as long as it can be let out faster and easily subject to the tenants quality.

Certainly we can predict Sunway is going to be another level of amtured city by 2017-18 but certainly, we must be well prepare as RM 800-900 psf price product isnt easy.






Glcotan
post Oct 10 2013, 06:53 AM


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QUOTE(Chris Chew @ Oct 10 2013, 12:00 AM)
Bro, IMO, financial portfolio is very important to determine whether this is pure do-able investment.

If any of my friend, wanted to buy this GEO Residence for investment, and looking at stretch 90% loan for zero downpayment and for 35 years and trying to expect that the future rental can 100% cover the full monthly installment + monthly maintenance fee, I would strongly urge him not to buy.

I believe that we may be positive in every products we are buying but also we must determine at risk management and prepare or plan to accept if there is any market drop where the price could be stagnant and rental price could be windfall. If we able to sustain this ( if it is coming ), I am sure it would be a clear winner.

Even though I am only eligible for max 70% loan and 35 years max. I only considering and prepare to accept the future lower rental yield of say RM 2500 per month and able to have such fund to top up btw RM 500-1000 for at least 2-3 years to flip it off for greater capital appreciation.

In my limited funds, when ever I have my prop VP, I always prepare to accept lower rental yield as long as it can be let out faster and easily subject to the tenants quality.

Certainly we can predict Sunway is going to be another level of amtured city by 2017-18 but certainly, we must be well prepare as RM 800-900 psf price product isnt easy.
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Well said chris kor
natman
post Oct 10 2013, 08:26 AM

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QUOTE(Chris Chew @ Oct 10 2013, 12:00 AM)
Bro, IMO, financial portfolio is very important to determine whether this is pure do-able investment.

If any of my friend, wanted to buy this GEO Residence for investment, and looking at stretch 90% loan for zero downpayment and for 35 years and trying to expect that the future rental can 100% cover the full monthly installment + monthly maintenance fee, I would strongly urge him not to buy.

I believe that we may be positive in every products we are buying but also we must determine at risk management and prepare or plan to accept if there is any market drop where the price could be stagnant and rental price could be windfall. If we able to sustain this ( if it is coming ), I am sure it would be a clear winner.

Even though I am only eligible for max 70% loan and 35 years max. I only considering and prepare to accept the future lower rental yield of say RM 2500 per month and able to have such fund to top up btw RM 500-1000 for at least 2-3 years to flip it off for greater capital appreciation.

In my limited funds, when ever I have my prop VP, I always prepare to accept lower rental yield as long as it can be let out faster and easily subject to the tenants quality.

Certainly we can predict Sunway is going to be another level of amtured city by 2017-18 but certainly, we must be well prepare as RM 800-900 psf price product isnt easy.
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rclxms.gif rclxms.gif rclxms.gif thanks chris kor honestly think this geo has bright future. To lease out wont be trouble at this location
linghen
post Oct 10 2013, 04:14 PM

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QUOTE(Chris Chew @ Oct 9 2013, 11:51 PM)
+1 ecin boss ...

For me, I dunno why that I much prefer Sunway South Quay ( along with DPC ) much more than MK although it is too small to replicate it into multiple towers of MK.
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anyone here going to the preview this satureday and 8 persons be selected to be first to select.
dhhd
post Oct 10 2013, 05:05 PM

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I'm going, all the best smile.gif
linghen
post Oct 10 2013, 05:07 PM

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QUOTE(dhhd @ Oct 10 2013, 05:05 PM)
I'm going, all the best smile.gif
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you going to get what size? which layout u prefer?
dhhd
post Oct 10 2013, 05:11 PM

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QUOTE(linghen @ Oct 10 2013, 05:07 PM)
you going to get what size? which layout u prefer?
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Haha, only can afford the smallest one, how bout you?
linghen
post Oct 10 2013, 05:31 PM

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QUOTE(dhhd @ Oct 10 2013, 05:11 PM)
Haha, only can afford the smallest one, how bout you?
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smaller unit. smile.gif

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