Haha sorry dude. I know I touch a raw nerve with you on this project whenever I criticize it. But it’s true, this was the quickest burn of $400k ringgit I ever saw in my life. I can’t help but use this as a cautionary tale.

If someone talks up a project they will get labeled a SA. It’s easier to be an armchair critic you see. Everything is subjective except for sales records and rental rates. So that’s the best way to form an opinion of a project.

I showed quite a few of my friends for the lelong units though. The actual price for this project, around 350/sqft which is damn attractive. If it can go lower then it would be hallelujah for the new owners.

No worries dude. In life you have some hits and some misses. This was a sure miss for me but as i am conservative, I will buy the smallest unit for investment purposes. So my "losses on paper" is not 400k (for the bigger units) but maybe around 50k only . Psst another secret.... investment units i usually co-invest then my personal loss is even smaller....

My cousin bought the 1k+ sqft unit for almost 1 mill telling me it’s the new DPC. So do I slap the fellas now or later? It’s a I told you so moment because I said that’s PJ/MK prices and they didn’t see the difference. I saw the project and my jaw dropped it really is in the middle of nowhere.

That’s why my beef with this project. Because I couldn’t save him I feel the need to bleat out when I can against something I know just doesn’t make sense.

This post has been edited by Cavatzu: Dec 16 2022, 07:14 PM

Don't slap lah... yous cousin is hurting more than you know

Yes, that is the main issue. The location is not an issue but the pricing from the developer. The developer have earned all possible future market value , there is not much meat left for the investor looking for the capital gain.

That's why it's important for investor to conduct due diligence before purchasing this kind of house. It's awkward to buy house just for its 'location near MRT' disregarding surroundings, pricing, etc.

This is a 500 psf area at best as it is now. It’s not even about any gain, doubt they can break even until Kwasa Damansara is complete and mature in maybe 10 years time.

HAR? NEW DPC? lol I laugh so hard.

This really proved your cousin didn't even bother to do his homework and investigate the area.

Na it was even “better” than DPC because there’s MRT.

If you offered this price to any owner right now, they'll let it go without any conditions or negotiations

The cheapest one on the list is $375k for 1055 sqft. 355 psf! It’s cheaper than Rumahwip for SDB quality wei. Wonder why no one is picking it up after 6th round. Something is wrong...

That's sounds so sad. Seems like a good price but even Rumawips are wanted at a higher price. Any owners here want to share their unit quality or something

This post has been edited by Ch0wCh0w: Dec 19 2022, 09:00 PM

The quality is actually good. The facilities are quite amazing and unit layout is premium. But wrong product for the area. Still a good own stay or if you wanna give factory workers a 5 star experience.

When you go on property portal under Buy, it’s telling when the only ads showing up are auction ones and outnumber sub sale one.

This post has been edited by Cavatzu: Dec 19 2022, 09:20 PM

It actually looks amazing. The landscape is well done by looking at the photos. Do you mean factory workers are staying there right now 🥹

I have to disagree if you are referring here though,

I will be at Sqwhere almost every single week for work / friends nearby, and I can tell you its that bad. It really is.

It's not the management's fault that things are the way they are, its mostly things that are already fixed or important i.e. Location / Price / Amenities

And I've never seen in my life a pipe bomba pecah in parking lot, water gushing out > 24 hours and management can't shut the water because only bomba have access.

Whole parking lot flooded.

I agree, the unit layouts are actually very good.

Don't be surprised if here and D'sara become a hub for them.

Opposite here D'sara literally have government agency for foreign refugees.

D'sara Branch

So for people who say price/ future prospects don’t matter for own stay.

You now have a fairly high end building that is great for own stay on most accounts halve in value. As such the rental prices are also low. The units are being subdivided and rented to factory workers / refugees. Is it still an ideal place for own stay when your community has gone down drastically.

hahhaah..high class migrant squatters.... ..accessibility I find it a nightmare

What is the maintenance per share unit for the SQWHERE ?

1 share unit = 1 sq.m = 10.76 sq.ft.