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Investment ARTE+ @ AMPANG [OWNERS' THREAD], Where Art combines with Convenient Livin

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joshuathi
post Apr 29 2014, 12:49 PM

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Hi, I just bought a uniw here for investment. Reason as below:

- Low Entry Cost + Bulk Purchase: I even can enjoy extra buffer for loan 85%.

- So called Futuristic design (i would be glad if the finished goods deliver hv 70%-80% as per demo show), even their podium in the grd flr hv ard 3storey height..Unique Selling Point especially for investment, on top of private lift bla bla bla...

- PSF are value for money if comparing with others area (mcity still hv smallest unit left at RM1200PSF+/-, KLCC old subsale RM1200psf chapeast, Cheras area RM500-600psf, Old Klang Road 700psf abv, Shah Alam 600PSF+/-)

- Total 3towers as one of their tower hv almost 58storey inclusive their car park (consider 1 of the landmark as much higher than both MCity & Elemets if im not wrong)

Cons:
- High density with almost ard 3000units abv for all the new development there, i could forecasting there will be big player coming in e.g. mall, infrastructure, etc

-Commercial title + leasehold (Nothing comes free isn't)

-Although Developer are establish but cant compare their reputation with IJM, SP setia, Mah Sing etc (I dont think those developer necessary for bulk purchase, maybe im not get to know that also)

As conclude, location still remain one of the most importatnt driteria for me especially for investment.
joshuathi
post Apr 29 2014, 12:55 PM

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Joined: Sep 2013


QUOTE(joshuathi @ Apr 29 2014, 04:49 AM)
Hi, I just bought a uniw here for investment. Reason as below:

- Low Entry Cost + Bulk Purchase: I even can enjoy extra buffer for loan 85%.

- So called Futuristic design (i would be glad if the finished goods deliver hv 70%-80% as per demo show), even their podium in the grd flr hv ard 3storey height..Unique Selling Point especially for investment, on top of private lift bla bla bla...

- PSF are value for money if comparing with others area (mcity still hv smallest unit left at RM1200PSF+/-, KLCC old subsale RM1200psf chapeast, Cheras area RM500-600psf, Old Klang Road 700psf abv, Shah Alam 600PSF+/-)

- Total 3towers as one of their tower hv almost 58storey inclusive their car park (consider 1 of the landmark as much higher than both MCity & Elemets if im not wrong).

Cons:
- High density with almost ard 3000units abv for all the new development there, i could forecasting there will be big player coming in e.g. mall, infrastructure, etc

-Commercial title + leasehold (Nothing comes free isn't)

-Although Developer are establish but cant compare their reputation with IJM, SP setia, Mah Sing etc (I dont think those developer necessary for bulk purchase, maybe im not get to know that also)

As conclude, location still remain one of the most importatnt driteria for me especially for investment. Fpr flip purpose we need to be rational enough while key was handover (cant too greedy haha) because majority of owner here are investor to flip. If things are allow maybe can consider to stay at my own for a short terms basis to enjoy the facilities & lifestyle coz im a cheras boy haha. End of the day our PSF still amongst very low comparing with others asian country and thats y more & more investor are coming in...cheers, all abv just my own opinion...

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This post has been edited by joshuathi: Apr 29 2014, 12:58 PM
joshuathi
post May 23 2014, 09:04 AM

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QUOTE(chong_yc @ May 18 2014, 02:33 PM)
Just saw this property booth today in Publika, right now they are offering similar like previous package ....
13% discount, zero legal spa & loan, rm5000 deposit, after discount still around RM900 per sf. Maintenance fees RM0.25 per sf.

I am still considering whether OK to buy? as this is leasehold and commercial title.
Any new comment and advise on this?
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U may refer the link below:

https://forum.lowyat.net/topic/3215614/all
joshuathi
post Jun 19 2014, 03:12 PM

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Sentrio suites Desa pandan if im not wrong Rm730psf coz im just visited the showroom by last few wks. Dont think its worth that kind of price range by looking at its features n surrounding location, again different client different view. :~)
joshuathi
post Sep 2 2014, 11:31 PM

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Just do some sharing here, whom interested to grab a unit could refer to site below, cheers...: https://forum.lowyat.net/index.php?showtopi...&#entry70141223
joshuathi
post Sep 3 2014, 01:56 AM

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QUOTE(accetera @ Sep 2 2014, 04:01 PM)
Can share the progress pics here?
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Possible to share here? Coz im also selling this projects as an investor~owner as well..hehe.
joshuathi
post Sep 10 2014, 10:18 PM

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QUOTE(Hinka @ Sep 10 2014, 01:49 PM)
Hi , any owner still selling units there? pls pm.. am interested to invest. thanks.
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Pm me then :~)

 

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