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Investment SQWHERE @ KG SELAMAT SUNGAI BULOH [OWNERS' THREAD], Inner KD. Located close to MRT. By SDB.

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Babizz
post Aug 8 2016, 10:38 PM

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QUOTE(accetera @ Jun 23 2013, 08:41 AM)
More players are coming to this area.... it will be the new Kota Damansara 5 years ago...
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boss it has been 3 years since this was launched at 750psf onward+6% gst+4.5 yrs worth of interest+ sovo property+surrounded by factories.

In your opinion, has this area improved in anyway? any upcoming catalysts? back when this was launched, tg phase 2 was 1kpsf n this was 750psf. 3 yrs later when prop prices have risen 20+%, TG phase 4 is only selling at 1080psf.
Babizz
post Aug 9 2016, 09:53 PM

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QUOTE(accetera @ Aug 8 2016, 10:06 PM)
Firstly this project's sovo block has been delayed in terms of construction. The whole area now is full of construction.

MRT Sg Buloh to Semantan stretch is waiting for completion of trial run and hopefully commence operation by December 2016.

The whole KD and Sg Buloh will be awaiting Kwasa Damansara's first few projects inaugural launch which has been delayed.

For me, as mentioned before, Kota Damansara's dataran surian area is still the better bet compared to other areas of KD and wats more if further deep into Kg Selamat.

TG's phase 4 is about RM1,400 psf and that is the buyer's SPA price (i'm not sure if they can subsale above that anyway). In terms of gross price and valuation sent to bank for evaluation, the Gross Price has increased for KD (watever rebates you received are just marketing gimmicks to lower your effective cost).
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was there a reason why sovo was delayed? i mean other than mrt n kwasa, i feel nothing going on here n in face project title shld be renamed to kg baru sungai buloh which it still truly is after 3 yrs.

No use if SPA price if sky high n subsale cant even match 80% of spa price. One recent highrise but top tier developer is as such n blacklisted. End of the day everyone knows how 750psf evolved to 1kpsf in 2013 n stuck at 1.08kpsf today. Also note, tower 2 is completing 2 yrs while mall undercon vs tower 4 upon completion of the mall. If tg can appreciate frm tower 1-4, its nett n gross price would have risen 20%in tandem mega_shok.gif mega_shok.gif mega_shok.gif

Nevertheless, i am very interested in the performance of 3 sdbs products namely wotp, hub n sqwhr n their subsale performance.

This post has been edited by Babizz: Aug 9 2016, 09:57 PM
Babizz
post Aug 9 2016, 10:51 PM

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QUOTE(HarpArtist @ Aug 9 2016, 08:42 AM)
TG rebates have been over 20 for some time.
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wht was cyperus rebate back then? sqwhere 900psf if nett i think will b very tough given tht d expected sizes will be 900 onwards.
Babizz
post Nov 9 2016, 05:23 PM

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QUOTE(klthor @ Nov 9 2016, 12:52 AM)
tot wanna check this out, but the hype for MRT really geng....800k for 800sqft...directly gg my wallet, geng.
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1055 sqft la. Go to the area first. See any improvement since 3 yrs n wthr mrt can make this place OK or not.If really wana buy SomeWhere, this is a better bet than sovo. For investment, good luck!

This post has been edited by Babizz: Nov 9 2016, 09:55 PM
Babizz
post Nov 10 2016, 10:09 PM

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QUOTE(klthor @ Nov 9 2016, 07:41 PM)
ermm thanks for correcting me. i know that area quite well since my fav dimsum and chinese restaurant are inside kampung baru sg. bluoh. still thinking what to buy, MRT project or non MRT project..... MRT project's hype is there hence the price is like 20% more expensive.
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MRT premium here is 30++%. Are you not worried that this svc apartment REAL prices are LOWER than the sovos? 3 yrs of inflation, GST, unfavaroble progress billing and lower subsale value due to non sch H.

If going to spend this much, btr wait fr subsale arnica n try luck there mega_shok.gif
Babizz
post Dec 19 2016, 11:14 PM

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Very classy surroundings. Truly worth the 800psf!
Babizz
post Feb 1 2017, 04:48 PM

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QUOTE(murrayballs @ Jan 31 2017, 09:46 AM)
Finally secured a unit, albeit the smallest one
Always wanted SDB property

Hello neighbours!
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1055 sqft, how much gross n how much nett? hows the sales so far?
Babizz
post Dec 10 2017, 02:00 PM

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*A rare investment with real potential to appreciate

such WOW words! When VP time lets see whether performance will be WOTP or TG phase 1
Babizz
post Dec 13 2017, 05:12 PM

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why change name to Kota damansara west???
Babizz
post Jan 22 2018, 09:50 PM

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Notice this nowhere doesnt get the same amount of nasty comments about the BAD location as mahsiaos across the road despite being much more expensive.

QUOTE(shadow_walker @ Jan 9 2018, 12:16 AM)
whoever bought at 900k really retarded mang

i went to IPD Sg Buloh. OMG the area like slump mang..go factories all around.

i dunno lar the thought process whomever bought this. even the atmosphere here is really different edi compared to damansara. screaming of low cost..lol

but again this was at the height of the prop rush..lol
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QUOTE(michaelchang @ Jan 9 2018, 05:51 AM)
Actually the other forummers are not attacking MS or this property

They are warning newbies as to not fall for the property trap. Some irresponsible agents may paint some unrealistic picture to properties that are in the slump.

Property is one of the biggest purchase in a person's life, every lelong property in the market = someone got burned because they were misinformed of the value of the property

Sg. Buloh area is still not developed enough to command such premium price, buyers may need to hold 15 years or more to see real gains in their investment.

factories surrounding the area will affect the value of the property's resale value in the future
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QUOTE(butthead76 @ Jan 20 2018, 08:34 AM)
For this price surrounded by factories, illegals and migrants, lorries up n down main road....better stay away....only bangla or viet will rent from u, move in 10 person per unit...lol....
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QUOTE(dave1987 @ Jan 20 2018, 11:19 AM)
got tastelss ba kut teh behind too n bunch of old furniture cina factory
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Babizz
post May 14 2018, 10:02 PM

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saw this and many other sdb projects struggling to sell including wotp hub and una.

Squarewhere service apartment discount 18% now and below 700psf for the smallest unit. Sales 30-40%.
Babizz
post Sep 12 2018, 09:08 PM

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QUOTE(AskarPerang @ Jun 29 2018, 08:21 AM)
750 psf nett after all rebate?
10 years in the future pricing?
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4 ++ years ago sovo launched at 730psf+6%=774psf.

4 years later same price for a more superior product.
Babizz
post Sep 16 2018, 04:53 PM

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QUOTE(urb7 @ Dec 9 2013, 08:47 PM)
Gotta agree that the location is far from sexy, I mean, it's Sg Buloh FFK. But if you do drive there along the road now, you can sense it's up and coming, with the hive of construction on the MRT and soon the Kwasaland development,  whose first phase will be northern part of the land near SqWhere.

In 4-5 years time, this place will be a different picture.
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4-5 years is up, in fact 5 years d.

A different picture now?
Babizz
post Sep 19 2018, 04:45 PM

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true picture of this area:
15 people just died after drinking fake alcohol

They had bought the alcohol at a place located along Jalan Welfare in Kampung Baru Sungai Buloh

https://www.worldofbuzz.com/10-people-just-...-others-in-icu/
Babizz
post Sep 13 2019, 07:31 AM

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QUOTE(kochin @ Aug 10 2019, 06:42 AM)
Ermmmmm dunno what to make of it
Probably gonna vp soon right
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Think it has VPed. Not too many units up for rent and sale. Will this be a DSara sentral 2?
Babizz
post Dec 4 2019, 07:03 AM

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Will nowhere end up like DSara sentral whereby even the auction loan valuation can't be supported??

Not hard to guess based on the location n performance of the earlier one.

Exciting times ahead.
Babizz
post Sep 2 2020, 10:46 PM

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QUOTE(bigman @ Sep 2 2020, 06:26 AM)
As expected... Last time sold by delepor moreĀ  than 700psf... Smallest unit can sold at 850psf...
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Now as low as 380psf.

Been telling for years that NoWhere is bound to fail.

This post has been edited by Babizz: Sep 2 2020, 10:46 PM
Babizz
post Oct 6 2020, 07:05 AM

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I told you so moments. Last time launch 900psf now can get as low as 418psf.

QUOTE(Babizz @ Jul 16 2014, 01:14 AM)
very true indeed. If anyone can doubt the success of Dsara Sentral, this project will be even worse! Half baked location (with MRT access) but KL pricing.
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QUOTE(Babizz @ Nov 5 2014, 11:41 PM)
4 years from now, we can review the situation again.. u think any MNC wanna rent in ur small SOVO? MRCB will attract large MNCs to puchase/rent enbloc and u guys would have to fight for tenants who want a space that can fit 1/2 people in d office.. GOOD LUCK!

Moreover, in my experience with MRCB, they do things slow and steady and by then ur Sqwhere would still be NOWHERE in the industrial zone  tongue.gif
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QUOTE(Babizz @ May 9 2015, 09:28 AM)
Pls show me comparables of tenants renting RM3.50psf office in sg buloh? As mention above, even some KL City office still renting RM3.50 n market remains oversupplied with opis.. Encorp strand office asking below RM3psf n still struggle.. U wana target yuppie Msian?? Stay in the middle of the forest with some retail downstairs??

I got the expat info from several O&G friends in KLCC n they know about their friends rental requirement.. Like i said, refer to summer suite  sweat.gif  sweat.gif
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QUOTE(Babizz @ May 9 2015, 09:36 AM)
Lets see 4 yrs time how the office market play out la.. n see summer suites in the short term..
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QUOTE(Babizz @ Dec 19 2016, 09:14 AM)
Very classy surroundings. Truly worth the 800psf!
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QUOTE(Babizz @ Dec 10 2017, 12:00 AM)
*A rare investment with real potential to appreciate

such WOW words! When VP time lets see whether performance will be WOTP or TG phase 1
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QUOTE(Babizz @ Jan 22 2018, 07:50 AM)
Notice this nowhere doesnt get the same amount of nasty comments about the BAD location as mahsiaos across the road despite being much more expensive.
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Babizz
post Oct 6 2020, 12:43 PM

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QUOTE(bigman @ Oct 5 2020, 06:15 PM)
haha...you hit the "jackpot"...

last time...many youngsters  bought as attracted with SDB brand and design... but they totally no idea in property investment... and that time was property bull run... no body care...

wanna get back 900 psf... maybe need to wait another generation (30 years)
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Not just young buyer. Heard a lot of repeat buyer also.

Only ONE plus point here which is the MRT but u can get many MRT/LRT connected property at much lower prices in better location.
Babizz
post Oct 18 2020, 03:07 PM

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QUOTE(AskarPerang @ Oct 17 2020, 08:09 PM)
This unit has 2 rooms and 1 bath.
After a detailed sharing session, it was understood that offices carried little to no demand in the area at the time.
Within 30 working days, the team transformed the unit and delivered an impressive makeover at a cost of RM 27 000.
The unit was rented out at RM 2000 per month, way above the average market rate of RM 1600/month!


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Net price 600-700++k. Rental 2k?

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