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

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Cavatzu
post Oct 23 2023, 07:39 PM

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QUOTE(PAChamp @ Oct 23 2023, 10:45 AM)
All the auction units listed are for 980 sq ft and above and are serviced apartments. You don't find many sovo units affected by lelongs. Sovo easy to rent out but some top up needed. I guess the owners who bought sovo got no problem to hold.
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Smaller quantums mean smaller losses. This doesn’t mean that this isn’t a dismal project that has eroded a lot of personal wealth.

Something that hasn’t been examined is the mental health of such people when your luxury residence becomes a rumahwip.
Cavatzu
post Oct 24 2023, 08:08 AM

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QUOTE(Aldo-Kirosu @ Oct 23 2023, 09:22 PM)
But for sovo unit, the utilisation is so less, cant be stay over night and the office demand there seen like not so good.

Even maybe they are not buying overpriced (bulk purchase price) / bulk purchase for sovo unit, but the overpriced (original price from developer) installment + increasing maintenance fee will also make this kind sovo project became a huge burden for purchaser.

Until today i cant understand what the sovo design for what purposed, SOFO and SOHO can stay overnight better.
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These were all loopholes in the past to build at commercial densities as liveable offices. They were never meant to be used as residential premises.
Cavatzu
post Dec 30 2023, 03:44 PM

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QUOTE(AskarPerang @ Dec 26 2023, 09:57 AM)
Sqwhere winning this year lelong award by a landslide margin.
Congrats!!!

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Congratulations Sqwhere! Haven’t they been winners or runner up since 2019? I think can surmise that more than 50% has gone to Lelong. Any OG buyers still around?

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