Same as in Expressionz posted here: https://forum.lowyat.net/index.php?showtopi...post&p=92878103

Arte+ also start to limit the facilities to homestay guests:



This post has been edited by AskarPerang: Jul 15 2019, 02:53 PM

Is too hard to enforce any limitation to the one who’s staying(be it long/short term) in the condo. I say it’s just to relieve measure for the residents in the short term.

so can we say that for airbnb condos, the decline in the demand and increase in cost like service fee is faster than a normal condo with longer term tenancy?

The only way I can think of is to reprogram the access point door to a different card and any resident who wants to use the facilities will have to collect the card(s) from the management office.

It will make it harder for the airbnb tenant as they only have the access card to access the carpark, lift lobby and the floor to the unit as the 'absent' owners won't be that proactive to travel all the way to the condo to collect it. Of course there will be a handful of such owners who will do so.

is the condo having maintenance fee collection issue? is this a common issue with airbnb condos?

been stayed once in the airbnb there. I can understand why own-stayers will against BnB in any condo/apartments.

Basically the facility are being rape/rob by the BnB-stayers. People jump into pool with sarung/t-shirt/shorts, then walk out wet wet into the lift. Throw dumbbell onto the floor like they are The Hulk or Hercules. Never bother to take care of the facilities. Terrible.

When check-out time (12pm)......waiting the lift are like FOREVER.....always full of people in it!

Was searching arte+ in Airbnb and the list of player there is surprisingly long.. I think easily 20+ unit there is on it

Unit sold at 442k today.
Congrats. Good catch. Got it at below launching price.

But still got like more than 10+ lelong units unsold and dropping price.

Good lelong purchase.
But will price drop even more? With so many units up for lelong ...?
Good for buyers, bad for sellers.

2 bedroom 700+sqft size dont think will drop below 400k.
Below 450k I guess is already rock bottom price, people will grab.
Unless is a smaller size unit like this unit here, maybe will drop till below 400k, wait next round.

T2-33A-07, Arte +, No. 3, Lorong Ampang 1
Reserve price 🔥🔥RM 430,000🔥🔥
Leasehold until 2113
620 sqft (1 bedroom unit) with private lift lobby area
1 car park slot
Auction: 28-Aug-2019 (Wed)

Catching a falling knife is an art. But most people will get hurt.

Was thinking to get the Arte in KL metropolis but after reading so many bad comments, I don't think want to go ahead

Another unit sold today in the lelong market.
Unit T1-16-07: https://www.lelongtips.com.my/property/5947...ur-for-RM446000



Sold at reserve price 446k. 782sqft (2 bedroom). Single bidder win.
Very good catch. Dont forget 1% admin charges by the developer for commercial property.

I saw there was like a whole list of auctions for arte plus..gg

Yes very long list of units and more still incoming.
The worst performing newly completed property in the market today.
Savanna Executive Suites, Southville City located in Dengkil also not doing so badly.

developer gave too many rebate during launching...

Why is that so?? Many group buyers is it..

I think I saw about close to 20 unit on auction..

Slightly bigger size lelong unit available at cheap pricing.

T2-05-08, Arte @ Jalan Ampang
Reserve price 🔥🔥RM 460,000🔥🔥
Leasehold until 2113
900 sqft
1 car park slot
Auction: End of Sep 19

I think the worst performing for a few years.no pity to the banks or investors.

Facts were laid out clear. The signs were there.