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

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MaxKHOO
post Jul 4 2013, 12:49 AM

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QUOTE(Chris Chew @ Jul 4 2013, 12:45 AM)
I would be very surprise if Sunway give additional 9% discount if opts for Non-DIBS. Furthermore, this is already on top of the origin 10% discount.

For 4 years project, estimated progressive interest is only about 5-7%, depending on low / high floor and how fast is the schedule of disbursement / claim.
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Currently they are giving 9% discount for non-DIBS for the Geo flexi suites Phase 2. They gave only 8% for the Phase 1.
Chris Chew
post Jul 4 2013, 12:52 AM

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QUOTE(MaxKHOO @ Jul 4 2013, 12:49 AM)
Currently they are giving 9% discount for non-DIBS for the Geo flexi suites Phase 2. They gave only 8% for the Phase 1.
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Oic, noted.

If Flexi Suites is given 10% discount and additional 9% discount for those opts for non-DIBS, I am pretty sure Sunway GEO Residences, would be offered the similar package or at least lower % a bit.

I didn't go and find out further because I thought the RM 800-850 psf is without any discount.

The only issue worried me would be the completion by 2017, which looks quite long.


MaxKHOO
post Jul 4 2013, 12:55 AM

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QUOTE(Chris Chew @ Jul 4 2013, 12:52 AM)
Oic, noted.

If Flexi Suites is given 10% discount and additional 9% discount for those opts for non-DIBS, I am pretty sure Sunway GEO Residences, would be offered the similar package or at least lower % a bit.

I didn't go and find out further because I thought the RM 800-850 psf is without any discount.

The only issue worried me would be the completion by 2017, which looks quite long.
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According to the sales people at Geo, price is RM850 psf before discount. Built-up between 830sf to 1500sf.
Chris Chew
post Jul 4 2013, 12:59 AM

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QUOTE(MaxKHOO @ Jul 4 2013, 12:55 AM)
According to the sales people at Geo, price is RM850 psf before discount. Built-up between 830sf to 1500sf.
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If not mistaken, it is from 825 sq ft to 1491 sq ft.

I thought it had launched dy recently? No?

MaxKHOO
post Jul 4 2013, 01:09 AM

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QUOTE(Chris Chew @ Jul 4 2013, 12:59 AM)
If not mistaken, it is from 825 sq ft to 1491 sq ft.

I thought it had launched dy recently? No?
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Maybe it is 825 sf to 1491 sf. But it is not launched yet. Launching July/August.
airline
post Jul 4 2013, 03:08 AM

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QUOTE(MaxKHOO @ Jul 4 2013, 12:49 AM)
Currently they are giving 9% discount for non-DIBS for the Geo flexi suites Phase 2. They gave only 8% for the Phase 1.
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Phase 1 launched already?
MaxKHOO
post Jul 4 2013, 06:50 AM

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QUOTE(airline @ Jul 4 2013, 03:08 AM)
Phase 1 launched already?
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Phase 1 here referring to flexi suites not condo. Flexi suites phase 1 launched last year.
airline
post Jul 4 2013, 08:04 AM

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The new launch coming soon is condo then?
MaxKHOO
post Jul 4 2013, 08:08 AM

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QUOTE(airline @ Jul 4 2013, 08:04 AM)
The new launch coming soon is condo then?
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Flexi suites phase 2 launched last week. Condo launch is Jul/Aug.
natman
post Jul 4 2013, 08:10 AM

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QUOTE(MaxKHOO @ Jul 4 2013, 08:08 AM)
Flexi suites phase 2 launched last week. Condo launch is Jul/Aug.
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Sis how much is flexi suites ? phase 1 and phase 2 ? might better consider taking suites instead of residence.
MaxKHOO
post Jul 4 2013, 08:20 AM

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QUOTE(natman @ Jul 4 2013, 08:10 AM)
Sis how much is flexi suites ? phase 1 and phase 2 ? might better consider taking suites instead of residence.
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Phase 1 is Rm887 psf. Phase 2 abt Rm920 psf. Prices quoted here are before discount.
natman
post Jul 4 2013, 08:24 AM

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QUOTE(MaxKHOO @ Jul 4 2013, 08:20 AM)
Phase 1 is Rm887 psf. Phase 2 abt Rm920 psf. Prices quoted here are before discount.
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So its even higher than residence ? how do we expect residence will be price lower than the flexi suites ?

Lionking1900
post Jul 4 2013, 08:24 AM

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QUOTE(natman @ Jul 3 2013, 10:46 PM)
At that price need to dump in at least 30-40% d/p for positive rental income lol
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I'm not too worry whether to get positive rental, I much more worry not able to capture the gem in sunway.
Lionking1900
post Jul 4 2013, 08:25 AM

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QUOTE(natman @ Jul 4 2013, 08:24 AM)
So its even higher than residence ? how do we expect residence will be price lower than the flexi suites ?
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flexi suits is a commercial land, following commercial pricing.
natman
post Jul 4 2013, 08:26 AM

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QUOTE(Lionking1900 @ Jul 4 2013, 08:24 AM)
I'm not too worry whether to get positive rental, I much more worry not able to capture the gem in sunway.
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rclxms.gif rclxms.gif rclxms.gif unfortunately i afraid my pocket not deep enough tongue.gif
Lionking1900
post Jul 4 2013, 08:27 AM

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QUOTE(natman @ Jul 4 2013, 08:26 AM)
rclxms.gif  rclxms.gif  rclxms.gif unfortunately i afraid my pocket not deep enough  tongue.gif
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i told me wife, die die also want to buy~~~~
natman
post Jul 4 2013, 08:29 AM

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QUOTE(Lionking1900 @ Jul 4 2013, 08:27 AM)
i told me wife, die die also want to buy~~~~
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laugh.gif laugh.gif laugh.gif hope u could grab at least 1
Lionking1900
post Jul 4 2013, 08:33 AM

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QUOTE(natman @ Jul 4 2013, 08:29 AM)
laugh.gif  laugh.gif  laugh.gif hope u could grab at least 1
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Hope really can get one lo.....
But really i feel that the properties now getting smaller and smaller to "maintain" the pricing...
tankv22
post Jul 4 2013, 11:57 AM

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QUOTE(Lionking1900 @ Jul 4 2013, 08:33 AM)
Hope really can get one lo.....
But really i feel that the properties now getting smaller and smaller to "maintain" the pricing...
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Bro I just called them up. it seems they are giving contrasting information. Flexi suite starts at RM990 per square feet. Minimum size is 460 sq feet. Maintenance is 50 Cents. No facilities.

Is that correct?
Chris Chew
post Jul 4 2013, 02:23 PM

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QUOTE(tankv22 @ Jul 4 2013, 11:57 AM)
Bro I just called them up. it seems they are giving contrasting information. Flexi suite starts at RM990 per square feet. Minimum size is 460 sq feet. Maintenance is 50 Cents. No facilities.

Is that correct?
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Hmm, I think they are talking about GEO Residences, which is different from the Retails and Flexi Suites, which had been launched under Phase 2 now.

The Flexi Suites, probably act as SOHO without HDA ( Not sure, because normally this kinda of name would be making me confuse until I walk in to their sales office and ask ), In my understanding merely based on the online brochure, Flexi Suites would be office at Level 4-7 on top of Retails which is Level 1-3.

And Level 4 is Level Sky Garden with Central Boulevard, Sky Garden near BRT view and landscape / walk park but e-brochure did not show any facilities within this floor. This open level Sky Garden ( level 4 on top of the retails ) is actually directly facing Persiaran Lagoon / Sunway Hospital and the future BRT.

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