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Investment 28 BLVD @ PANDAN PERDANA [OWNERS' THREAD], The tallest in Pandan Ampang

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AskarPerang
post Sep 6 2018, 12:35 AM

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QUOTE(Dangerous @ Sep 1 2018, 04:26 PM)
Hi, did anyone check with BEST BOULEVARD? as I know Block B & C is residential title, while for Block A & D is commercial & my friend only pay MYR500.00 deposit for his SOHO unit...

And below is TNB deposit calculation...

https://www.tnb.com.my/residential/my-tnb-account/
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Are you sure the same plot of parcel / land can have both residential title and commercial title together?
This 28 BLVD is all commercial land title. So high density, impossible it is residential title.
AskarPerang
post Nov 3 2018, 07:55 PM

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QUOTE(bern.kam @ Nov 3 2018, 04:42 PM)
Looking for Block A North facing studio units. Any letting go please contact me via PM.
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Not yet completed not possible to sell.
Best to check again next year (2019).
AskarPerang
post Nov 7 2018, 04:35 PM

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QUOTE(pinkdm @ Nov 7 2018, 11:34 AM)
Hi, how to sell now, when a min 5% kicks in next yr !? hmm.gif  innocent.gif
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RPGT is tax on the profit.

Selling at a loss wont kena RPGT.
And I believe those wanna let go straight will need to sell below their S&P pricing.
AskarPerang
post Dec 6 2018, 02:39 PM

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QUOTE(rizts @ Dec 6 2018, 02:34 PM)
No lelong unit yet?
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Not yet VP. Not possible can lelong yet.
AskarPerang
post Jan 22 2019, 09:10 AM

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QUOTE(seankeith90 @ Jan 17 2019, 05:19 PM)
Hey guys just received bank notice that my earlier fire insurance is expiring. Is it compulsory for me to renew it since the property is still under construction?
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No.
You need to get a copy of the contractor all risk policy and forward to the bank as proof.
AskarPerang
post Jan 22 2019, 02:01 PM

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QUOTE(warface @ Jan 22 2019, 01:46 PM)
if buyer never serve progressive before, bank only can lelong upon vp right?
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Yes, if never pay progressive interest, bank can also stop further progressive disbursement. And developer, I think can cancel the S&P as stated in the news here: https://www.freemalaysiatoday.com/category/...-won-cimb-case/

Anyway, they are going for 2nd round. To sue the developer as well next: https://www.edgeprop.my/content/1457938/bri...sing-their-home
AskarPerang
post Apr 3 2019, 02:09 PM

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QUOTE(propertybbb @ Jul 29 2014, 01:36 PM)
Propcafe review on this project is out. Wow...too many info for me to swallow....need to read few rounds.
http://propcafe.net/28-boulevard-pandan-lake-pandan-perdana/
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Best to read back this in-depth review.
I re-post the link again: https://propcafe.net/28-boulevard-pandan-la...pandan-perdana/

Anything missing or anything extra?

AskarPerang
post Apr 3 2019, 09:42 PM

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QUOTE(m0n0p0ly @ Apr 3 2019, 09:32 PM)
The fountains middle of the lake?
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Already few years back available: http://www.starproperty.my/index.php/artic...rdana/?search=h



AskarPerang
post Apr 4 2019, 11:53 AM

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QUOTE(pinkdm @ Apr 4 2019, 11:38 AM)
Hi, one thing I wonder what will one feel if yr car park lot is on the highest Floor - abt 9 or 10 flr !? innocent.gif  hmm.gif
As one will need to drive up & down every day - assuming once A day ONLY ?!  cry.gif  rclxub.gif
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Need to turn at every level? 1,2,3.....and so on? Or 1,1a,2,2a,....and so on?
No direct ramp?
AskarPerang
post Apr 5 2019, 11:14 AM

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Wait a minute. This car lift is serious here?
Any video to show how this thing work?
AskarPerang
post Apr 28 2019, 02:49 PM

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QUOTE(rizts @ Apr 27 2019, 12:33 PM)
Anyone know when is the handover date for this project?
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Already VP some times ago.
AskarPerang
post May 2 2019, 06:26 PM

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AskarPerang
post May 6 2019, 05:58 AM

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Studio units consists of how many % from total 1920 units here?
60% or more if add in those dual key units with separated studio unit as well?

Seeing the rental market now flooding with studio units ads from here at the moment.
Other layout, 2 bedroom and above, I guess buyers who bought for own stay, so not that many ads.

Market rate: RM1200 partial furnish. RM1500 full furnish.
Not bad rate considering launch price for studio was below 300k (cheapest from 270k).
Is an above 6% yield.
AskarPerang
post May 8 2019, 05:00 PM

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QUOTE(rayken @ May 8 2019, 04:39 PM)
but 270k is 4XX sq ? very small le...bro any news yet lelong~~~
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Studio is 450 sqft.
Those dual key seperate studio unit not sure the size.

Will need 6 months not paying bank installment before bank will lelong the unit.
AskarPerang
post May 11 2019, 11:54 PM

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QUOTE(Bjorn1688 @ May 11 2019, 11:23 PM)
Had a peek at one of this today.

Was brought there by an agent to see several subsale units, pool was quite crowded today.

They also were having a fair on IDs and renovations, never realised what are in the market these days.

My take and it is based upon the Studio and 2 bedroom unit only :-

Pro :

-Very windy as you are the tallest building, the carpark podium itself taller than 90% of the surrounding buildings.
-Good build quality, credit to the developer and contractors. Clearly the developer knew what they were up doing.
-Tastefully and thoughtfully done up common areas.
-Quite a good location.
-Some studio units you could view KLCC, KL Tower and TRX
-Price is quite good though expensive for the neighbourhood.

Cons :-
-Not walking distance to a LRT or MRT station.
-Leasehold.
-Lake is a public access but will be maintained by JMB or so it seems.
-Some studios don't come with a nice view and faces MRR2 which can be noisy if you open the windows.
-Density on the high side.

Rental for a studio = RM1100 for semi furnished (all units are semi furnished by developer). RM1400 for fully furnished. 2 bedroom RM1400 for semi furnished.

Worth buying?? An interesting stat from a developer staff: 70% of buyers are under 35 years old, 92% Chinese and 80% of buyers are 1st home owners.

Lelong units? Probably won't be anywhere near as many as many are expecting.

This won't be a good indication of whether M Vertica would do badly or not as both are 2 very different types of properties.
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Assume buyers bought for investment. Did minimal to rent out semi furnish at RM1100.

Bought at 300k. Loan 270k.
Monthly loan repayment: RM1278 (4.5%, 35 years)
Maintenance fees: (0.30 psf+10% sinking fund) X 450 sqft = RM148

Nett negative cashflow monthly = RM326
Exclude yearly cost such as quit rent, assessment fees, fire insurance, etc.

Not the worse investment.
Expecting Liberty Arc project off Jalan Ampang to fare much worse in the future.
1600+ units of pigeon holes studio. Come with identical full furnish from the developer.
AskarPerang
post May 17 2019, 02:56 PM

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AskarPerang
post May 18 2019, 12:59 AM

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Erm....wait a minute. What happen here? The sudden drop in prices.

user posted image
AskarPerang
post May 18 2019, 03:22 PM

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QUOTE(Bjorn1688 @ May 18 2019, 01:56 PM)
Not a drop in price.

Anything between 700-800 is you are living in a partitioned off portion. Notice how it states 300sf instead of 450?

Whole unit under RM1k means no parking space.
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Got shuttle service here? Not mistaken in the propcafe review stated will provide shuttle bus/van service, not sure to where.
Coz dont think anyone without a vehicle able to stay in this place. I mean for convenience to move around sake.

QUOTE(TimothyTham @ May 18 2019, 03:00 PM)
that's not studio unit. is 775sf dual key unit smaller room 300sf.
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No wander. Yeah you are correct. Should be the dual key "studio" portion of the bigger size unit:

user posted image
AskarPerang
post Jun 4 2019, 02:01 AM

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AskarPerang
post Jun 4 2019, 02:51 AM

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QUOTE(Bjorn1688 @ Jun 4 2019, 02:25 AM)
Wow RM25k for renovations and furniture for a 400+sf studio.

Wonder why this unit has such a wavy wall, usually projects built by Putra Perdana would never pass QC if it had such defects.
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To get rental of RM1500 (full furnish with ID)

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