Investment SQWHERE @ KG SELAMAT SUNGAI BULOH [OWNERS' THREAD], Inner KD. Located close to MRT. By SDB.
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  Jun 23 2013, 05:54 PM, updated 6y ago
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#1
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All Stars
10,777 posts Joined: Sep 2009  
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As early as end of the year should have some news.
A quality lifestyle by Selangor Dredging Bhd. This post has been edited by accetera: Jul 27 2020, 11:00 PM |
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Jun 23 2013, 06:06 PM
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#2
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Senior Member
1,423 posts Joined: Aug 2012 From: Kuala Lumpur
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Sdb again...
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Jun 23 2013, 06:10 PM
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#3
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Senior Member
1,379 posts Joined: Nov 2011
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QUOTE(Helius @ Jun 23 2013, 06:06 PM) Sdb again... Why? What is wrong with sdb? I tot their product are pretty niche? |
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Jun 23 2013, 06:53 PM
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#4
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Junior Member
95 posts Joined: Jun 2013
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KD ?? More like next to Kg Baru Sg Buluh MRT station
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Jun 23 2013, 06:58 PM
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#5
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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Office like hub?
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Jun 23 2013, 07:02 PM
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#6
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Junior Member
250 posts Joined: Sep 2012 
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SDB rate sure mahal.
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Jun 23 2013, 07:07 PM
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#7
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All Stars
10,777 posts Joined: Sep 2009
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Is a mixed development... and most likely is near Mah Sing's project.
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Jun 23 2013, 07:20 PM
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#8
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Junior Member
156 posts Joined: Apr 2013
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They have several incomplete projects at petaling jaya.
Mah sing project is pretty huge besides the high way... If is nearby will be developing that whole area together with government ? |
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Jun 23 2013, 07:31 PM
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#9
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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wah... like that, quickly bang on MS project first.
MS reknown for artificial paper gain. make 1st round then wait for sdb with their sky high pricing fr 2nd push. kekeke. |
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Jun 23 2013, 08:29 PM
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Junior Member
241 posts Joined: Dec 2006
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PM, thx
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Jun 23 2013, 08:44 PM
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Junior Member
492 posts Joined: Oct 2008 From: Damansara 
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what is the name for Mah Sing project?
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Jun 23 2013, 10:40 PM
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Senior Member
1,616 posts Joined: Jun 2013
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QUOTE(kochin @ Jun 23 2013, 07:31 PM) wah... like that, quickly bang on MS project first. Good move....MS reknown for artificial paper gain. make 1st round then wait for sdb with their sky high pricing fr 2nd push. kekeke. |
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Jun 23 2013, 10:41 PM
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Senior Member
1,616 posts Joined: Jun 2013
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QUOTE(syarehey @ Jun 23 2013, 08:44 PM) what is the name for Mah Sing project? Damansara Sentral.... |
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Jun 23 2013, 10:41 PM
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All Stars
10,777 posts Joined: Sep 2009
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More players are coming to this area.... it will be the new Kota Damansara 5 years ago...
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Jun 23 2013, 10:43 PM
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Senior Member
1,616 posts Joined: Jun 2013
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QUOTE(accetera @ Jun 23 2013, 05:54 PM) As early as end of the year should have some news. Like Tropicana Metro Park, Setia Walk type??A quality lifestyle by Selangor Dredging Bhd. |
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Jun 23 2013, 10:44 PM
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Senior Member
1,616 posts Joined: Jun 2013
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QUOTE(McHoong @ Jun 23 2013, 07:20 PM) They have several incomplete projects at petaling jaya. Which Mah Sing incomplete project? Icon City??Mah sing project is pretty huge besides the high way... If is nearby will be developing that whole area together with government ? |
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Jun 23 2013, 11:13 PM
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Senior Member
1,600 posts Joined: Aug 2011
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QUOTE(accetera @ Jun 23 2013, 05:54 PM) As early as end of the year should have some news. How much do u think it'll cost psf? Pls pm me if u have any info on this. Btw, is sdb reliable?A quality lifestyle by Selangor Dredging Bhd. |
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Jun 23 2013, 11:21 PM
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All Stars
13,761 posts Joined: Jun 2011
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Dun think it ll b anythg below 1k psf.
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Jun 23 2013, 11:44 PM
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Senior Member
1,019 posts Joined: Nov 2006
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Whatever they built, surely is the most expensive one.
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Jun 23 2013, 11:50 PM
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All Stars
10,777 posts Joined: Sep 2009
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Mah Sing's nearest project integrated with MRT is asking RM650-RM700 psf.
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Jun 24 2013, 03:59 PM
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Junior Member
341 posts Joined: Apr 2013
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QUOTE(accetera @ Jun 23 2013, 11:50 PM) Mah Sing's nearest project integrated with MRT is asking RM650-RM700 psf. near rrim? |
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Jun 25 2013, 09:53 AM
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Junior Member
156 posts Joined: Apr 2013
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QUOTE(hondaracer @ Jun 23 2013, 10:44 PM) Which Mah Sing incomplete project? Icon City?? i mean SDB incomplete. such as The Hub at ss2 and few more projects |
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Jun 25 2013, 10:03 AM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(McHoong @ Jun 25 2013, 09:53 AM) i mean SDB incomplete. such as The Hub at ss2 and few more projects The term incomplete is a bit misleading.It's under construction, I believe that's what you meant |
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Jun 25 2013, 10:09 AM
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All Stars
10,777 posts Joined: Sep 2009
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The Hub@SS2 has just been launched... c'mon it hasn't break ground yet.
SDB's current projects are Windows On The Park in Cheras, Dedaun off Jalan Ampang and Laman & Bayu in Puchong. Other developers too have constructing projects simultaneous with new projects. This post has been edited by accetera: Jun 25 2013, 11:25 AM |
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Jun 25 2013, 10:12 AM
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Junior Member
156 posts Joined: Apr 2013
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QUOTE(urb7 @ Jun 25 2013, 10:03 AM) The term incomplete is a bit misleading. yea man, wrong choice of word. Thank youIt's under construction, I believe that's what you meant  |
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Jun 29 2013, 07:46 AM
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Senior Member
1,616 posts Joined: Jun 2013
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What is comparison to setia walk, tropicana metropark and bangsar south?
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Jun 29 2013, 09:04 AM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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Got any preview of its development concept and land size?
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Jun 29 2013, 10:25 AM
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All Stars
10,777 posts Joined: Sep 2009
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land size is about 5 acres or so...
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Jun 30 2013, 08:13 AM
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Senior Member
1,616 posts Joined: Jun 2013
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This was just reported in Star on 29 jun 2013, 📻📡📢📢✂✂✂🔨 By LEONG HUNG YEE hungyee@thestar.com.my THE potential move to impose curbs on the Developer Interest-Bearing Scheme (DIBS) by Bank Negara may be negative for some developers in the short term and has little effect on banks. StarBiz had reported that Bank Negara was studying the risks arising from the DIBS, with a view of potentially imposing curbs on it. Basically, if you purchase property from a developer who offers DIBS financing packages, then the developer would bear the interest for the loan during the construction period. In other words, you don't have to pay anything to the bank until construction is complete. You only start paying the bank instalments after the property is fully constructed. DIBS has become a popular and easy financing package offered in joint-promotional activities between banks and developers in recent years. CIMB Investment Bank Bhd research head Terence Wong said if the move by the central bank were true, then it would be "negative" for developers in the short term, although not entirely unexpected, as speculation on such a move had already surfaced in May. "Although such a policy would have a negative impact on speculative demand, we believe the impact on earnings would be muted, while creating a healthier property market led more by fundamentals," he said, adding that he had heard whispers over the past few weeks on the possibility. "We remain overweight' on the property sector, with Mah Sing Group Bhd as our top pick, and robust sales and earnings growth as sector catalysts. Any weakness in property stocks is an opportunity to accumulate, in our view," Wong added. Industry players are still awaiting a formal announcement from the central bank, if any. Mah Sing's group managing director and chief executive Tan Sri Leong Hoy Kum pointed out that there has been no announcement on interest-bearing schemes thus far. However, he hopes that any implementation would take into consideration the industry's feedback and the current market condition. In addition, Leong said the lending environment was generally still conducive, with financing liquidity still attractive and interest rates still low. While Mah Sing offers DIBS packages for some of its projects, it does not offer the scheme for its industrial, commercial and landed residential projects. Hong Leong Investment Bank Research, meanwhile, believes that developers with a high concentration of high-end, high-rise developments such as Eastern & Oriental Bhd would be the most severely affected. However, it reckoned that other major developers within its coverage would not be as badly affected, given their exposure to this policy shift would comprise less than 50% of their sales. Kenanga Research analysts said there was market talk that Bank Negara might want to do without the easy financing packages as part of the property lending curb. However, they say quick checks with developers under their coverage indicated that the developers were not extending this scheme to many projects at the moment, as banks were also discouraging developers from undertaking the scheme because of speculative activities. "Notably, Hua Yang Bhd's and Crescendo Corp Bhd's projects do not use this scheme, so they would be least affected in terms of demand. So, in terms of fundamentals, it should not hurt demand too much, particularly for the bigger developers. "It would affect stock sentiment in the short run, so do expect further sell-downs if the curb on DIBS materialises not even the high dividend-yielding ones would be spared," they opined. In the medium term, Kenanga Research does not expect prolonged sell-downs, as the Government was already talking about implementing the build-then-sell model, which would restrict future supply and lend strength to demand and larger players such as SP Setia Bhd, Mah Sing, IJM Land Bhd and UEM Sunrise Bhd. "Currently, our sector is under review. Our existing call is overweight' and we are likely to maintain this, but with a more selective or buy-on-weakness stance. We are likely to continue promoting affordable developers like Hua Yang and Crescendo due to their resilient demand-based profile. We also like Johor-based developers like UEM Sunrise, as we believe there would be more positive news flows towards the year-end, for example, the Malaysia-Singapore Rapid Transit System, the listing of Iskandar Waterfront Holdings Sdn Bhd and more strategic tie-ups," they added. Concurrently, Maybank Investment Bank Research said assuming DIBS packages were banned, it estimates the worst-case scenario to be a marginal 0.7 percentage point to be shaved off its 2014 industry loans growth forecast of 10.5% to 9.8%. "We believe domestic banks have been more tempered in their exposure to the mortgage segment, and channel checks point to limited exposure at this stage. We maintain our industry loan and earnings forecasts for the individual banks for now. "We remain overweight' on the banking sector, with our buys' being AMMB Holdings Bhd, RHB Capital Bhd, BIMB Holdings Bhd and Hong Leong Financial Group Bhd," Maybank said. It explained that general guidance was that such loans had made up 15%-20% of new mortgage loans over the past few years. Thus, some dampening effect was to be expected. "Nevertheless, we believe the impact is likely to be contained by the fact that the housing loan growth of the Big Six' banks has been measured and such loans account for less than 5% of total residential loans for the big banks." |
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Aug 9 2013, 09:30 PM
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All Stars
10,777 posts Joined: Sep 2009
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The Kota Damansara project comprises retail offices, F&B outlets, SOVOs (small office, versatile
office) and service apartments. The project will have a direct overhead bridge link to the proposed Kampung Baru Sungai Buluh MRT station, which is located in the same locality. This project, on a five-acre site, is likely to be launched in the last quarter of 2013. This post has been edited by accetera: Aug 9 2013, 09:30 PM |
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Aug 9 2013, 10:31 PM
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Junior Member
167 posts Joined: Jun 2010
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Another sungai buloh project?
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Aug 9 2013, 11:32 PM
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Senior Member
589 posts Joined: Dec 2012
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What is the project name ? which part of KD?
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Aug 10 2013, 12:06 AM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(12Digit @ Aug 9 2013, 11:32 PM) What is the project name ? which part of KD? Next or near to Mah Sing one... |
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Aug 10 2013, 12:52 PM
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Junior Member
7 posts Joined: Oct 2007
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QUOTE(accetera @ Jun 23 2013, 05:54 PM) As early as end of the year should have some news. PM pleaseA quality lifestyle by Selangor Dredging Bhd. |
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Aug 10 2013, 02:52 PM
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Senior Member
3,774 posts Joined: Mar 2012
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This should be Sungai Buloh and not Kota Damansara
All leveraging on KD's name...  |
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Aug 10 2013, 11:10 PM
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Senior Member
5,857 posts Joined: Dec 2010
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QUOTE(CMW123 @ Aug 10 2013, 02:52 PM) This should be Sungai Buloh and not Kota Damansara very confusing these days how e developers named their proj All leveraging on KD's name...  |
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Aug 22 2013, 12:32 AM
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All Stars
10,777 posts Joined: Sep 2009
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Project Name: SqWhere (pronounced as Square)
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Aug 22 2013, 10:53 AM
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Senior Member
10,001 posts Joined: May 2013
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KUALA LUMPUR (Aug 21): SELANGOR DREDGING BHD [ ] (SDB) will launch three more property developments in Selangor in the current financial year with a collective gross development value (GDV) of RM750 million.
Teh Lip Kim, the company's managing director said of the three, one, The HUB was already taking shape. It is located in SS2 Petaling Jaya, and comprises a 44-storey office tower and two blocks of retail units. Sixty-four per cent of the project has been sold. The second project, a mixed development called SqWhere, is expected to be launched in the last quarter of 2013, and is spread over 1.94 hectares (4.8 acres) in Kota Damansara. This will be followed by Jia1 in Taman Melawati in the first quarter of 2014. It is a residential development comprising both landed and apartments units. Speaking to the media after the company's annual general meeting here today, Teh announced that the SDB Group had recorded an improvement in its net profit, which rose to RM47.99 million for the financial year ending Mar 31, 2013 from RM45.74 million previously. "In the current financial year, for the three months ending June 30, the group recorded revenue of RM70.8 million and a net profit of RM9.26 million, with RM920 million worth of unbilled PROPERTIES [ ], " she said. |
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Aug 22 2013, 11:29 AM
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Senior Member
717 posts Joined: Jun 2011
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QUOTE(talkmore @ Jun 24 2013, 03:59 PM) near rrim? you are right! |
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Aug 22 2013, 11:43 PM
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Senior Member
777 posts Joined: Nov 2011
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Any more details? Tx
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Aug 22 2013, 11:52 PM
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Senior Member
650 posts Joined: Jan 2003
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Future conversation:
Where do you stay? SquareWhere. I just asked where? SquareWhere! Bye, you are a retard. |
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Aug 23 2013, 06:44 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(iamWill @ Aug 22 2013, 11:52 PM) Future conversation: Where do you stay? SquareWhere. I just asked where? SquareWhere! Bye, you are a retard.  |
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Sep 5 2013, 06:28 PM
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Senior Member
5,436 posts Joined: Jan 2011
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logo looks good and clean. sdb style. another similar to the hub ss2 concept?
This post has been edited by HELLO HELLO: Sep 5 2013, 06:31 PM Attached thumbnail(s) 
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Sep 13 2013, 11:53 PM
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Senior Member
5,436 posts Joined: Jan 2011
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[
 location not bad. not far from those rich and famous place. sierramas and valencia.This post has been edited by HELLO HELLO: Sep 13 2013, 11:55 PM Attached thumbnail(s) 
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Nov 1 2013, 06:07 PM
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336 posts Joined: Oct 2012
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QUOTE(HELLO HELLO @ Sep 13 2013, 11:53 PM) [ Preview starts from 9/11 onwards. location not bad. not far from those rich and famous place. sierramas and valencia.SOVO starts from 450k onwards , 500 sq ft. From the location map, not farfrom Kwasa RRIM. |
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Nov 1 2013, 10:57 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(WL6016 @ Nov 1 2013, 06:07 PM) Preview starts from 9/11 onwards. Wahhh so fast preview!SOVO starts from 450k onwards , 500 sq ft. From the location map, not farfrom Kwasa RRIM. Budget 2014 seems cannot stop developers. |
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Nov 1 2013, 11:58 PM
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Senior Member
1,811 posts Joined: Feb 2011
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Location not bad? Just beside Mah sing sentral
and behind them are thousands of sme factories with foreigners |
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Nov 2 2013, 12:17 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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If this flies, mahsing should be extremely pleased.
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Nov 2 2013, 06:55 AM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(WL6016 @ Nov 1 2013, 06:07 PM) Preview starts from 9/11 onwards. Sovo lagi?SOVO starts from 450k onwards , 500 sq ft. From the location map, not farfrom Kwasa RRIM. |
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Nov 2 2013, 08:21 AM
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Junior Member
336 posts Joined: Oct 2012
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QUOTE(Glcotan @ Nov 2 2013, 06:55 AM) Sovo lagi? SOVO and shops first , then service apartment will launch later. Think similar concept to The Hub SS2, except not freehold. The Hub SS2 is with DIBS, free legal fees for S&P and loan, 2 car parks,semi furnished, 4.5 years construction period, not sure about Sqwhere. |
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Nov 2 2013, 08:39 AM
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#51
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Junior Member
321 posts Joined: Jan 2013
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QUOTE(kochin @ Jun 23 2013, 07:31 PM) MS reknown for artificial paper gain. |
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Nov 2 2013, 10:17 AM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(WL6016 @ Nov 1 2013, 06:07 PM) Preview starts from 9/11 onwards. Wah, if no rebate start from RM900psf....and 10% rebate also RM810psf...leasehold SOVOSOVO starts from 450k onwards , 500 sq ft. From the location map, not farfrom Kwasa RRIM. Vs MS D'sara Sentral RM650-700 psf, SDB brand worth at least 15% higher This post has been edited by CMW123: Nov 2 2013, 10:21 AM |
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Nov 2 2013, 11:31 AM
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All Stars
10,777 posts Joined: Sep 2009
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It's crazy if really RM900 psf for Leasehold SoVo in this Kg Baru Sg Buloh area,
though it's MRT-linked Speechless... This post has been edited by accetera: Nov 2 2013, 11:32 AM |
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Nov 2 2013, 11:46 AM
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Senior Member
3,774 posts Joined: Mar 2012
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So which are the new MRT link mix development project below RM700 psf??
D'sara Sentral Ekocheras You City Cheras Sentral Above RM700 to RM1000++ psf?? TG TTDI Ascendia Sunway Velocity Dmanasara City SQWhere This post has been edited by CMW123: Nov 2 2013, 11:47 AM |
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Nov 2 2013, 11:47 AM
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Senior Member
5,612 posts Joined: Jan 2009
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QUOTE(accetera @ Nov 2 2013, 11:31 AM) It's crazy if really RM900 psf for Leasehold SoVo in this Kg Baru Sg Buloh area, They didn't seek your clearance? though it's MRT-linked Speechless...  |
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Nov 2 2013, 12:57 PM
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Senior Member
5,857 posts Joined: Dec 2010
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QUOTE(accetera @ Nov 2 2013, 11:31 AM) It's crazy if really RM900 psf for Leasehold SoVo in this Kg Baru Sg Buloh area, insane +1 though it's MRT-linked Speechless... |
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Nov 2 2013, 06:00 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(CMW123 @ Nov 2 2013, 11:46 AM) So which are the new MRT link mix development project below RM700 psf?? also good to identify which are true residential, which are soho, which are sovoD'sara Sentral Ekocheras You City Cheras Sentral Above RM700 to RM1000++ psf?? TG TTDI Ascendia Sunway Velocity Dmanasara City SQWhere |
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Nov 3 2013, 07:46 PM
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3,774 posts Joined: Mar 2012
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Nov 3 2013, 11:57 PM
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Senior Member
5,436 posts Joined: Jan 2011
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QUOTE(accetera @ Nov 2 2013, 11:31 AM) It's crazy if really RM900 psf for Leasehold SoVo in this Kg Baru Sg Buloh area, If price not crazy... I doubt this is sdb developer...lolthough it's MRT-linked Speechless... This post has been edited by HELLO HELLO: Nov 3 2013, 11:59 PM |
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Nov 4 2013, 05:43 AM
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Senior Member
2,854 posts Joined: Jul 2013
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From the map by developer, this is part of the greater Kota Damansara.
no wonder it price like that... |
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Nov 4 2013, 06:29 AM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(forever1979 @ Nov 4 2013, 05:43 AM) From the map by developer, this is part of the greater Kota Damansara. Greater Kota damansara should be 900 psf?no wonder it price like that... |
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Nov 4 2013, 06:36 AM
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Senior Member
2,854 posts Joined: Jul 2013
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QUOTE(Glcotan @ Nov 4 2013, 06:29 AM) Greater Kota damansara should be 900 psf? I say SDB price it like part of KD and not Sg Buloh. Price is determine by developer anyway. So what do you think on the price ? |
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Nov 4 2013, 10:14 AM
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Senior Member
3,774 posts Joined: Mar 2012
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Heard RM790psf before 7% rebate for 549sf SOVO
So start from RM404k |
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Nov 4 2013, 12:22 PM
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Senior Member
1,249 posts Joined: Apr 2012
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SOVO 300+ units. Around RM700+ psf.
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Nov 5 2013, 06:46 AM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(CMW123 @ Nov 4 2013, 10:14 AM) Heard RM790psf before 7% rebate for 549sf SOVO Psf damn kao high...So start from RM404k They try to sell with small size |
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Nov 5 2013, 10:07 AM
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3,774 posts Joined: Mar 2012
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Nov 5 2013, 10:18 AM
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Junior Member
810 posts Joined: Mar 2008
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so, for this SQwhere, SDB is going to acquire all landbank which currently occupied by those small factories?
demolish those factories and build SQwhere? is the deal 'buy + demolish' already been done? If this is true, that area stretch "D'sara + SQwhere + Kwasa RRIM" is set to boom! |
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Nov 5 2013, 10:21 AM
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Senior Member
3,774 posts Joined: Mar 2012
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Video to the site, thanks to Propcafe too...
https://www.youtube.com/watch?feature=playe...d&v=nDx2bP8NTJE |
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Nov 7 2013, 02:37 PM
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All Stars
11,943 posts Joined: Mar 2012 From: Kuala Lumpur
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received a sms alert for launching.
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Nov 7 2013, 02:41 PM
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Senior Member
598 posts Joined: Sep 2013
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QUOTE(ceveori @ Nov 5 2013, 12:02 AM) of all names why use this. hahahahahayou text your friend:- you: please come my house warming at SQWHERE friend: where is it? you: sq where friend: ya, where? ... damn funny lar u |
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Nov 7 2013, 03:12 PM
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Senior Member
717 posts Joined: Jun 2011
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will fellow tk choose this over d'sara sentral project?
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Nov 7 2013, 05:11 PM
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Senior Member
3,774 posts Joined: Mar 2012
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If same price psf why not?
Pls check comments on propcafe http://propcafe.net/dsara-sentral-sqwhere-sungai-buloh/ |
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Nov 8 2013, 12:05 AM
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All Stars
10,777 posts Joined: Sep 2009
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Many people are going... i hope free to go too. Kepoh!
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Nov 8 2013, 12:42 AM
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Senior Member
1,054 posts Joined: Feb 2012
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QUOTE(accetera @ Nov 8 2013, 12:05 AM) Many people are going... i hope free to go too. Kepoh! D'sara & sqWhere Both project launching same date? who will be the winner ? |
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Nov 8 2013, 11:55 AM
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Senior Member
1,816 posts Joined: May 2013
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I still can't picture it how will the entire place be in future. But if like Kota D'sara where it took 15 years to be where it is today, then might take much higher risk. Why not invest in a matured area then?
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Nov 8 2013, 12:41 PM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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QUOTE(Maneki-neko @ Nov 8 2013, 11:55 AM) I still can't picture it how will the entire place be in future. But if like Kota D'sara where it took 15 years to be where it is today, then might take much higher risk. Why not invest in a matured area then? another 15 years from now, probably might regret not buying  |
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Nov 8 2013, 01:09 PM
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All Stars
20,146 posts Joined: May 2011
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Pls read the propcafe again.
Sqwhere is sovo....whereas dsara sentral is launching its service apartments. Price for sqwhere sovo starts from 790psf b4 8% discount.....valid til this sunday. After this discount might reduced. Both projects are commendable except for prices. |
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Nov 8 2013, 05:48 PM
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Senior Member
1,151 posts Joined: Aug 2008
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QUOTE(Skywing1981 @ Nov 7 2013, 03:12 PM) will fellow tk choose this over d'sara sentral project? d'sara 533k for 809sf |
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Nov 8 2013, 06:11 PM
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All Stars
10,777 posts Joined: Sep 2009
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Nov 8 2013, 08:38 PM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(accetera @ Nov 8 2013, 12:05 AM) Many people are going... i hope free to go too. Kepoh! i will go there for makan makan...got satay or not... |
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Nov 8 2013, 08:43 PM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(walle @ Nov 8 2013, 05:48 PM) d'sara 533k for 809sf Damm shit mahal at tat kind location....still remember last 3 years with tat price I'd bought intermediate superlink double storey freehold...near AEON, Hospital Columbia, near future MRT... Wahh...i can sell my house with 1.2 mil at least...who wan??? This post has been edited by simeonelee78: Nov 8 2013, 08:45 PM |
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Nov 8 2013, 09:23 PM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(simeonelee78 @ Nov 8 2013, 08:43 PM) Damm shit mahal at tat kind location.... It looks like the recent budget has not in anyway lower the prices of new launches by developers. I still think these two projects will do well....demand are still there. The budget will not hv major impact, property prices will still go up due mainly to cost push factors like land, labour and material prices are going up and with the GST coming that will make it go higher still ...and also we hv a weak RM.still remember last 3 years with tat price I'd bought intermediate superlink double storey freehold...near AEON, Hospital Columbia, near future MRT... Wahh...i can sell my house with 1.2 mil at least...who wan??? |
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Nov 9 2013, 09:13 AM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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Any photos of D'sara + SqWhere launching together? Wanna see the BBB...WWW... scenes.
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Nov 9 2013, 10:27 AM
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia
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Am about to make that trip out to have a look at the prices but my gut feel's right; not gonna be able to afford it *snif sniff* Maybe I'll just go back to sleep since me is sick
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Nov 9 2013, 10:33 AM
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Senior Member
1,404 posts Joined: Jun 2009
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highlight of the location is the MRT station opposite of it. other than that, smack next to it and the area inside are all factories and new village. i'm puzzled how the municipal council could allow residential development right next to factories.
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Nov 9 2013, 10:36 AM
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Senior Member
3,774 posts Joined: Mar 2012
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Becoz have increase many many times collection in conversion premium, development charges, infrastructure contribution, assessment, quit rent etc
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Nov 9 2013, 11:26 AM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(cedyy @ Nov 9 2013, 10:33 AM) highlight of the location is the MRT station opposite of it. other than that, smack next to it and the area inside are all factories and new village. i'm puzzled how the municipal council could allow residential development right next to factories. In time to come, those new villages and factories will hv to go......just look at Kepong, Balakong, Seri Kebangan |
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Nov 9 2013, 11:53 AM
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Senior Member
2,140 posts Joined: Jan 2013
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Dmsara shld gain more buyer.....
Residence product |
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Nov 9 2013, 11:58 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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Any makan?
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Nov 9 2013, 01:41 PM
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Junior Member
336 posts Joined: Oct 2012
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QUOTE(kochin @ Nov 9 2013, 11:58 AM) Any makan? Signature snacks from Hotel Maya with special teas. ...goodddd! |
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Nov 9 2013, 01:45 PM
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Senior Member
3,774 posts Joined: Mar 2012
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How is the sales?
Hotel Maya part of SDB group...hehe |
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Nov 9 2013, 02:30 PM
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia
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@CMW123,
As of about 2 hours ago, the take-up rate is about 50%. |
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Nov 9 2013, 03:43 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(tinkerbel @ Nov 9 2013, 02:30 PM) @CMW123, consider good for this price range...As of about 2 hours ago, the take-up rate is about 50%. |
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Nov 9 2013, 09:37 PM
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Junior Member
139 posts Joined: Aug 2012
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It's considered good sales today. Info : 8% discount heard is till tomorrow. No more DIBs but they offer other deals. It is commercial title loan ; hence 85% loan is possible.
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Nov 9 2013, 10:28 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(dann wilson @ Nov 9 2013, 09:37 PM) It's considered good sales today. Info : 8% discount heard is till tomorrow. No more DIBs but they offer other deals. It is commercial title loan ; hence 85% loan is possible. Sovo is always max at 85 |
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Nov 10 2013, 12:38 AM
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Junior Member
294 posts Joined: Jun 2008
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Any updates on the sales?
More than 50% sold%? |
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Nov 10 2013, 02:15 AM
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Senior Member
1,249 posts Joined: Apr 2012
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QUOTE(Glcotan @ Nov 9 2013, 10:28 PM) Sovo is always max at 85 Some banks 70% to 80% only bcoz SOVO are still untested in subsales market. |
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Nov 10 2013, 02:28 AM
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All Stars
20,146 posts Joined: May 2011
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50% sold incl. Prior bookers before it was opened.
It disnt achieve 50% sale in 2 hrs. |
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Nov 10 2013, 02:52 AM
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Junior Member
29 posts Joined: Jul 2009
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QUOTE(BEANCOUNTER @ Nov 10 2013, 03:28 AM) 50% sold incl. Prior bookers before it was opened. The latest is about 70% sold already. in the afternoon lots of people coming.It disnt achieve 50% sale in 2 hrs. |
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Nov 10 2013, 07:26 AM
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Senior Member
3,774 posts Joined: Mar 2012
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Wonder on the profile of the purchasers? How many % local and how many % from out of Sungai Buloh?
Will the owners of the factories there buy a pigeon hole as their corporate HQ...hehe Or the tauke at the new village buy for their children? |
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Nov 10 2013, 07:35 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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70% is a super achievement especially with its price tag.
So. Better than hub? |
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Nov 10 2013, 07:40 AM
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Senior Member
775 posts Joined: Jan 2012
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From sales response, it's interesting to see MRT factor outweigh other negative factors ie leasehold, sovo, near factories
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Nov 10 2013, 07:47 AM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(CMW123 @ Nov 10 2013, 07:26 AM) Wonder on the profile of the purchasers? How many % local and how many % from out of Sungai Buloh? Wonder these ppl know what is sovo or not...Will the owners of the factories there buy a pigeon hole as their corporate HQ...hehe Or the tauke at the new village buy for their children? How sdb sell this? Do they emphasise on residential element? |
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Nov 10 2013, 09:24 AM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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70% sold...wow
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Nov 10 2013, 10:12 AM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(Ero-Sennin @ Nov 10 2013, 09:24 AM) 70% sold...wow Should not say sold....by right is booked....A lot of people will book the unit they prefer n after tat will try to get loan financing or re-think back whether is good for investment /own stay or not.... is just a marketing strategy from developer....refund without any penalty.... Like my case, I had booked 5 properties over last one month...simple.... just pick unit u prefer....drop the cheque...n go back to re-think..... Eventually....all i cancel.....haha... I believe a lot people do tat... So tats y...some project u can see "sold out" at first day...then after 2 weeks u go back to sales gallery...still got units leave... Buy property wisely....dun be fooled by developer's marketing strategy.... |
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Nov 10 2013, 10:53 AM
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Junior Member
390 posts Joined: Oct 2012
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QUOTE(simeonelee78 @ Nov 10 2013, 10:12 AM) Should not say sold....by right is booked.... SDB WOTP project booking 10k is not refundable. Is SQWHERE following same policy?A lot of people will book the unit they prefer n after tat will try to get loan financing or re-think back whether is good for investment /own stay or not.... is just a marketing strategy from developer....refund without any penalty.... Like my case, I had booked 5 properties over last one month...simple.... just pick unit u prefer....drop the cheque...n go back to re-think..... Eventually....all i cancel.....haha... I believe a lot people do tat... So tats y...some project u can see "sold out" at first day...then after 2 weeks u go back to sales gallery...still got units leave... Buy property wisely....dun be fooled by developer's marketing strategy.... |
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Nov 10 2013, 10:54 AM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(simeonelee78 @ Nov 10 2013, 10:12 AM) Should not say sold....by right is booked.... No cancellation fee? Many will ask you to sign t&c that you allow them to penalty if you cancelA lot of people will book the unit they prefer n after tat will try to get loan financing or re-think back whether is good for investment /own stay or not.... is just a marketing strategy from developer....refund without any penalty.... Like my case, I had booked 5 properties over last one month...simple.... just pick unit u prefer....drop the cheque...n go back to re-think..... Eventually....all i cancel.....haha... I believe a lot people do tat... So tats y...some project u can see "sold out" at first day...then after 2 weeks u go back to sales gallery...still got units leave... Buy property wisely....dun be fooled by developer's marketing strategy.... |
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Nov 10 2013, 03:33 PM
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Junior Member
29 posts Joined: Jul 2009
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QUOTE(Glcotan @ Nov 10 2013, 11:54 AM) No cancellation fee? Many will ask you to sign t&c that you allow them to penalty if you cancel do u think the RM10k for SqWhere is refundable?...anyone there ask about it? RM 10k is a huge amount to be forfeited...people will not be so stupid i guess... |
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Nov 10 2013, 04:10 PM
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Senior Member
3,774 posts Joined: Mar 2012
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Normal practice is RM400-RM1000 for admin fee on cancellation, rite?
If developer accept credit card, 1.5%-2% also burn, so they cann't be refunding in full My experience with one booking, they collect RM2000 and upon refund is RM1960, 2% for credit card charges but no admin fee |
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Nov 10 2013, 04:12 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(CMW123 @ Nov 10 2013, 04:10 PM) Normal practice is RM400-RM1000 for admin fee on cancellation, rite? yup.. each developer different.. many will charge certain admin fee... if use credit card.. the 2% cannot run alreadyIf developer accept credit card, 1.5%-2% also burn, so they cann't be refunding in full My experience with one booking, they collect RM2000 and upon refund is RM1960, 2% for credit card charges but no admin fee |
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Nov 10 2013, 06:30 PM
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Junior Member
336 posts Joined: Oct 2012
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Any latest sales update?
Yesterday hit 70%, how about today?  |
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Nov 10 2013, 06:39 PM
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Junior Member
29 posts Joined: Jul 2009
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QUOTE(CMW123 @ Nov 10 2013, 05:10 PM) Normal practice is RM400-RM1000 for admin fee on cancellation, rite? just contacted the sales person and they confirmed that the RM10k is non-refundable...so all these people will burn those money if they cancel it. then SDB will make huge profit from the forfeit... good way to make money haha...If developer accept credit card, 1.5%-2% also burn, so they cann't be refunding in full My experience with one booking, they collect RM2000 and upon refund is RM1960, 2% for credit card charges but no admin fee They will only refund if the application for development and construction of the project is nopt approved by the authorities...now the lawyer firm Lim and Yeoh is holding the money and not them. |
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Nov 10 2013, 08:42 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(fhis @ Nov 10 2013, 06:39 PM) just contacted the sales person and they confirmed that the RM10k is non-refundable...so all these people will burn those money if they cancel it. then SDB will make huge profit from the forfeit... good way to make money haha... i think they cannot do that.... max they can charge some admin feeThey will only refund if the application for development and construction of the project is nopt approved by the authorities...now the lawyer firm Lim and Yeoh is holding the money and not them. |
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Nov 10 2013, 09:01 PM
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Senior Member
574 posts Joined: Aug 2011
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QUOTE(Glcotan @ Nov 10 2013, 08:42 PM) i think they cannot do that.... max they can charge some admin fee mebbe that's a better way to curb those who placed booking with the intention of quick profit before signing spa........... |
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Nov 10 2013, 09:38 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(keneeth111 @ Nov 10 2013, 09:01 PM) mebbe that's a better way to curb those who placed booking with the intention of quick profit before signing spa........... they can prohibit buyers from changing name, but cant forfeit booking fee.. |
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Nov 10 2013, 09:49 PM
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All Stars
20,146 posts Joined: May 2011
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I asked them last week....the salesperson said 100% refundable....
Reputable developer will not kau kau chan. |
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Nov 10 2013, 10:19 PM
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Junior Member
29 posts Joined: Jul 2009
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[quote=BEANCOUNTER,Nov 10 2013, 10:49 PM]
I asked them last week....the salesperson said 100% refundable.... Reputable developer will not kau kau chan. [/quote really??...better check with them again...make sure if not later regret also useless... |
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Nov 10 2013, 10:57 PM
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Senior Member
1,249 posts Joined: Apr 2012
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70% sold?
 Tats good considering the price |
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Nov 10 2013, 11:27 PM
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Junior Member
139 posts Joined: Aug 2012
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[quote=fhis,Nov 10 2013, 10:19 PM]
[quote=BEANCOUNTER,Nov 10 2013, 10:49 PM] I asked them last week....the salesperson said 100% refundable.... Reputable developer will not kau kau chan. [/quote really??...better check with them again...make sure if not later regret also useless... [/quote] Agreeable....sometimes the policy of the developers may even overnight. Better check for the latest and 'confirmed' policy bout this.  |
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Nov 10 2013, 11:29 PM
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Junior Member
139 posts Joined: Aug 2012
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QUOTE(dann wilson @ Nov 10 2013, 11:27 PM) Agreeable....sometimes the policy of the developers may even overnight. Better check for the latest and 'confirmed' policy bout this. Sorry,..... am saying that policies may even change overnight. |
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Nov 11 2013, 04:26 AM
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Junior Member
29 posts Joined: Jul 2009
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QUOTE(dann wilson @ Nov 11 2013, 12:29 AM) Sorry,..... am saying that policies may even change overnight. sales person says it is about 80% take up as of the yesterday after the 2 days launching. |
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Nov 11 2013, 07:11 AM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(fhis @ Nov 11 2013, 04:26 AM) sales person says it is about 80% take up as of the yesterday after the 2 days launching. If really want, just visit the sales office more often.. Sure can drop out one |
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Nov 11 2013, 11:09 AM
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Junior Member
23 posts Joined: Jan 2008 From: Kuala Lumpur
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RM 10,000 NON REFUNDABLE.
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Nov 11 2013, 11:51 AM
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Junior Member
390 posts Joined: Oct 2012
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QUOTE(dstyx @ Nov 11 2013, 11:09 AM) RM 10,000 NON REFUNDABLE. Non refundable..refundable...so what's the latest? I know WOTP is Non-refundable for $10k booking. |
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Nov 11 2013, 12:01 PM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(zonefinder @ Nov 11 2013, 11:51 AM) Non refundable..refundable...so what's the latest? I know WOTP is Non-refundable for $10k booking. I guess SDB policy is they only want genuine buyers, non-genuine buyers can only 6c6c only don't book for fun! |
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Nov 11 2013, 12:04 PM
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Junior Member
79 posts Joined: Jan 2008
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QUOTE(fhis @ Nov 10 2013, 06:39 PM) just contacted the sales person and they confirmed that the RM10k is non-refundable...so all these people will burn those money if they cancel it. then SDB will make huge profit from the forfeit... good way to make money haha... This is consistent with what I was told as well.They will only refund if the application for development and construction of the project is nopt approved by the authorities...now the lawyer firm Lim and Yeoh is holding the money and not them. This post has been edited by Savlon: Nov 11 2013, 12:09 PM |
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Nov 11 2013, 12:11 PM
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Junior Member
390 posts Joined: Oct 2012
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QUOTE(Savlon @ Nov 11 2013, 12:04 PM) This is consistent with what I was told as well. Thanks for the clarification. So for those who want to go round play play, make sure don't tangle with Geng Chau Developers like SDB.. Heard that S&P will be signed most likely next year, (3 months from the date, plus additional 3 more months in case they still can't get the DO / approval).  |
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Nov 11 2013, 12:16 PM
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Senior Member
3,774 posts Joined: Mar 2012
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Under HDA, developer is not supposed to deduct or forfeit the deposit except for the admin fee which is stated on the booking form and signed and agreed by the purchasers
But this is SOVO, commercial and not protected under HDA So SDB has the legal right to forfeit the RM10k deposit |
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Nov 11 2013, 12:31 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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QUOTE(CMW123 @ Nov 11 2013, 12:16 PM) Under HDA, developer is not supposed to deduct or forfeit the deposit except for the admin fee which is stated on the booking form and signed and agreed by the purchasers +10 But this is SOVO, commercial and not protected under HDA So SDB has the legal right to forfeit the RM10k deposit  |
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Nov 11 2013, 01:56 PM
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Senior Member
3,334 posts Joined: Mar 2011
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So lesson is don't play with sovo...later you become solo
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Nov 11 2013, 04:04 PM
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Senior Member
664 posts Joined: Nov 2009
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Just went to the Gallery...like The Hub, so much wow factor in the show unit, evidently the same designer using lots of scandi stuff. Very nice. Sales looks like about 70%.
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Nov 11 2013, 04:56 PM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(urb7 @ Nov 11 2013, 04:04 PM) Just went to the Gallery...like The Hub, so much wow factor in the show unit, evidently the same designer using lots of scandi stuff. Very nice. Sales looks like about 70%. 70% sales in 2 days, at this time where there are alot of negative news abt property.....and at this price....bravo to SDB! |
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Nov 11 2013, 04:59 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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i wonder how did the development across the road fared?
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Nov 11 2013, 05:04 PM
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Senior Member
664 posts Joined: Nov 2009
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I visited both galleries, let's just say I spent a WHOLE 10 minutes in Mah Sing's and then left immediately. That development has NO SOUL, no wow factor, just pure Chinaman run-of-the mill development.
But hey, every segment's got their market and fansi. Just today Mah Sing announced a jump in net profit yet again. |
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Nov 11 2013, 05:29 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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QUOTE(urb7 @ Nov 11 2013, 05:04 PM) I visited both galleries, let's just say I spent a WHOLE 10 minutes in Mah Sing's and then left immediately. That development has NO SOUL, no wow factor, just pure Chinaman run-of-the mill development. i saw their scale model and i was like WTF!#@$!But hey, every segment's got their market and fansi. Just today Mah Sing announced a jump in net profit yet again. all same outlook with exact same height and simply labeled 3 blocks residential, 1 block sovo. that's it. |
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Nov 11 2013, 06:36 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(urb7 @ Nov 11 2013, 05:04 PM) I visited both galleries, let's just say I spent a WHOLE 10 minutes in Mah Sing's and then left immediately. That development has NO SOUL, no wow factor, just pure Chinaman run-of-the mill development. but this sdb is sovo vs ms true resi worBut hey, every segment's got their market and fansi. Just today Mah Sing announced a jump in net profit yet again. |
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Nov 11 2013, 06:57 PM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(Glcotan @ Nov 11 2013, 06:36 PM) but this sdb is sovo vs ms true resi wor Between MS and SDB properties, I will go for SDB. They are a class above, just love their designs, landscape, sculptures, lower density and the way they named their projects....20trees, By The Sea, 5 Stones, Windows On The Park, Sqwhere.....sound extraordinary u just cannot forget. |
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Nov 11 2013, 07:30 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(aberdeen @ Nov 11 2013, 06:57 PM) Between MS and SDB properties, I will go for SDB. They are a class above, just love their designs, landscape, sculptures, lower density and the way they named their projects....20trees, By The Sea, 5 Stones, Windows On The Park, Sqwhere.....sound extraordinary u just cannot forget can share you buying this sqwhere for what purpose?. |
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Nov 11 2013, 09:44 PM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(Glcotan @ Nov 11 2013, 07:30 PM) can share you buying this sqwhere for what purpose? Is a good long term investment, proven concept similar to successful developments next to MRT stations in Singapore and Hong Kong. |
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Nov 11 2013, 10:28 PM
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Junior Member
390 posts Joined: Oct 2012
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QUOTE(aberdeen @ Nov 11 2013, 06:57 PM) Between MS and SDB properties, I will go for SDB. They are a class above, just love their designs, landscape, sculptures, lower density and the way they named their projects....20trees, By The Sea, 5 Stones, Windows On The Park, Sqwhere.....sound extraordinary u just cannot forget From what I've seen and heard so far, I'm beginning to be a fan myself though haven't bought any units from them yet. .  |
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Nov 11 2013, 11:09 PM
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Junior Member
376 posts Joined: Apr 2011
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QUOTE(aberdeen @ Nov 9 2013, 11:26 AM) In time to come, those new villages and factories will hv to go......just look at Kepong, Balakong, Seri Kebangan Are you sure? My friend's factory there just renewed the leased. |
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Nov 11 2013, 11:52 PM
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All Stars
10,777 posts Joined: Sep 2009
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More and more are booked. Surprise man....
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Nov 12 2013, 12:42 AM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(Fortunekl @ Nov 11 2013, 11:09 PM) Are you sure? My friend's factory there just renewed the leased. Only time can tell...but you can look around some of the hot locations and assess yourself. Look at Bangsar South, once known as Kampung Kerinchi, Jalan Cochrane/jalan Peel developments, this area was like a slum with wooden houses, light industrial lots, old workshops... |
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Nov 12 2013, 07:04 AM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(aberdeen @ Nov 11 2013, 09:44 PM) Is a good long term investment, proven concept similar to successful developments next to MRT stations in Singapore and Hong Kong. very good! |
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Nov 12 2013, 04:23 PM
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Senior Member
2,854 posts Joined: Jul 2013
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QUOTE(Fortunekl @ Nov 11 2013, 11:09 PM) Are you sure? My friend's factory there just renewed the leased. Maybe your fren can check in land office, if zone under commercial and residential, then the price will shoot up.. |
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Nov 12 2013, 04:56 PM
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Senior Member
2,262 posts Joined: Jul 2013
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only the front row beside jalan sungai buloh had plan for convert to commercial, the rest remains as industrial.
attachment was MBSA RT plan This post has been edited by elmond: Nov 12 2013, 05:01 PM Attached thumbnail(s) 
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Nov 12 2013, 08:57 PM
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Junior Member
25 posts Joined: Jul 2011
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Anyone knows what are the drawbacks of a sovo (if any)? Read in Mah sing forum that if u rent out a sovo, u have to pay for gst. Is that true?
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Nov 12 2013, 09:01 PM
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Senior Member
2,663 posts Joined: Feb 2013
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QUOTE(styloh @ Nov 12 2013, 09:57 PM) Anyone knows what are the drawbacks of a sovo (if any)? Read in Mah sing forum that if u rent out a sovo, u have to pay for gst. Is that true? Maybe buyer should ask developer to giv u black n white that sovo can rent out as residential. Check out sqwhere their show unit..ada bed or not!This post has been edited by propertybbb: Nov 12 2013, 09:02 PM |
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Nov 12 2013, 09:26 PM
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Junior Member
390 posts Joined: Oct 2012
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QUOTE(elmond @ Nov 12 2013, 04:56 PM) only the front row beside jalan sungai buloh had plan for convert to commercial, the rest remains as industrial. At the end of the day, money talks. Dangle a few hundred million, even a frog can fly.. attachment was MBSA RT plan |
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Nov 12 2013, 09:58 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(propertybbb @ Nov 12 2013, 09:01 PM) Maybe buyer should ask developer to giv u black n white that sovo can rent out as residential. Check out sqwhere their show unit..ada bed or not! no developer will give this |
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Nov 12 2013, 09:58 PM
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Senior Member
3,334 posts Joined: Mar 2011
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QUOTE(styloh @ Nov 12 2013, 08:57 PM) Anyone knows what are the drawbacks of a sovo (if any)? Read in Mah sing forum that if u rent out a sovo, u have to pay for gst. Is that true? sovo you cant stay |
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Nov 12 2013, 10:40 PM
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664 posts Joined: Nov 2009
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Nov 12 2013, 10:46 PM
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Senior Member
664 posts Joined: Nov 2009
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Some points to share
1) There are 2 high rise blocks here(or 3), one being SOVO (being launched), and the other Service Apartment (launching next year), and Retail lots - all sold out except for 1 I think. 2) SDB will retain the Retail block (They call it the Cube) similiar to the Hub for some fine dining (ermm) eateries 3) Can we stay in SOVO? The SA said the DMC will not have any clause to prevent staying - so another grey area 4) SOVO shares all the facilities on the elevated deck (level 8), also all come with one car park. VP in 2018. MRT to be operation in early 2017. 5) Pricing is about below RM800psf average for smallest unit (not sure rebate) 6) Directly linked to the MRT station, about 100 metres. Mah Sing's one is a bit further at 300 metres. 7) The usual SDB wow factor - sculptures from Colin Okashimo This post has been edited by urb7: Nov 12 2013, 10:47 PM |
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Nov 12 2013, 11:01 PM
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5,436 posts Joined: Jan 2011
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QUOTE(urb7 @ Nov 12 2013, 10:46 PM) Some points to share Very nice sculpture... 100m to MRT very near! Good!. Wah SDB start manage retail lots. So near the rich n famous seirramas n valencia area. Hope they have something like this at cheras south... Now excited to see the 1 near leisure mall.1) There are 2 high rise blocks here(or 3), one being SOVO (being launched), and the other Service Apartment (launching next year), and Retail lots - all sold out except for 1 I think. 2) SDB will retain the Retail block (They call it the Cube) similiar to the Hub for some fine dining (ermm) eateries 3) Can we stay in SOVO? The SA said the DMC will not have any clause to prevent staying - so another grey area 4) SOVO shares all the facilities on the elevated deck (level 8), also all come with one car park. VP in 2018. MRT to be operation in early 2017. 5) Pricing is about below RM800psf average for smallest unit (not sure rebate) 6) Directly linked to the MRT station, about 100 metres. Mah Sing's one is a bit further at 300 metres. 7) The usual SDB wow factor - sculptures from Colin Okashimo |
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Nov 12 2013, 11:04 PM
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664 posts Joined: Nov 2009
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QUOTE(HELLO HELLO @ Nov 12 2013, 11:01 PM) Very nice sculpture... 100m to MRT very near! Good!. Wah SDB start manage retail lots. So near the rich n famous seirramas n valencia area. Hope they have something like this at cheras south... Now excited to see the 1 near leisure mall. Sorry - typo, one of the retail blocks will be retained by SDB, the rest were sold apparently except for 1. |
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Nov 12 2013, 11:07 PM
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Nov 13 2013, 12:23 AM
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Junior Member
82 posts Joined: May 2009
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How much is the maintainance fee for this? 40sen?
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Nov 13 2013, 02:18 AM
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All Stars
20,146 posts Joined: May 2011
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Guess if yr rental income is under 500k p.a. u dun need to charge gst.
But when sell, defnitely attract gst. |
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Nov 13 2013, 09:27 AM
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3,774 posts Joined: Mar 2012
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QUOTE(urb7 @ Nov 12 2013, 10:46 PM) Some points to share VP in 2018, 4 years project?1) There are 2 high rise blocks here(or 3), one being SOVO (being launched), and the other Service Apartment (launching next year), and Retail lots - all sold out except for 1 I think. 2) SDB will retain the Retail block (They call it the Cube) similiar to the Hub for some fine dining (ermm) eateries 3) Can we stay in SOVO? The SA said the DMC will not have any clause to prevent staying - so another grey area 4) SOVO shares all the facilities on the elevated deck (level 8), also all come with one car park. VP in 2018. MRT to be operation in early 2017. 5) Pricing is about below RM800psf average for smallest unit (not sure rebate) 6) Directly linked to the MRT station, about 100 metres. Mah Sing's one is a bit further at 300 metres. 7) The usual SDB wow factor - sculptures from Colin Okashimo |
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Nov 13 2013, 12:23 PM
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336 posts Joined: Oct 2012
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QUOTE(CMW123 @ Nov 13 2013, 09:27 AM) VP in 2018, 4 years project? To be exact, 4.5 years, 54 months construction period, same as The HUB. |
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Nov 13 2013, 12:34 PM
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3,774 posts Joined: Mar 2012
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Why so long?
If no DIBS pay interest also susah.... |
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Nov 13 2013, 01:11 PM
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1,228 posts Joined: Nov 2013
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QUOTE(CMW123 @ Nov 13 2013, 12:34 PM) Why so long? The pro is u are not caught under the RPGT if u intend to sell after completion???If no DIBS pay interest also susah.... |
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Nov 13 2013, 05:54 PM
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664 posts Joined: Nov 2009
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Nov 13 2013, 05:55 PM
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664 posts Joined: Nov 2009
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546sf show unit
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Nov 13 2013, 06:12 PM
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5,436 posts Joined: Jan 2011
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[/quote]
wah... macam art exhibition... i like i like. next time need to take mrt from wotp to visit this place. but 1 hour+ journey....  is sovo suitable for design house, interior and architect house, facial treatment or rejuvenate , clinical psychologist (penduduk seirramas need it very much)  , dentist, lawyer firm, insurance, consultancy firm, all kind therapy and spiritual thingy, fengsui consultant, charity office, finanacial consultant......banyak banyak apa lagi?This post has been edited by HELLO HELLO: Nov 13 2013, 06:14 PM |
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Nov 14 2013, 02:00 PM
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Junior Member
23 posts Joined: Mar 2009
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very ikea
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Nov 14 2013, 02:21 PM
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All Stars
20,146 posts Joined: May 2011
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Ikea quality mana so good!?
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Nov 14 2013, 02:34 PM
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Senior Member
3,334 posts Joined: Mar 2011
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really nice!!!
just cant get over the sovo thingy |
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Nov 14 2013, 02:52 PM
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25 posts Joined: Jul 2011
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be prepare to embrace for the possibility of gst for sovo units =)
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Nov 14 2013, 03:41 PM
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3,334 posts Joined: Mar 2011
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QUOTE(styloh @ Nov 14 2013, 02:52 PM) be prepare to embrace for the possibility of gst for sovo units =) gst small thing la...more serious one if sleep half way at night, bandaraya come and chase you out |
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Nov 14 2013, 03:51 PM
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664 posts Joined: Nov 2009
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QUOTE(Glcotan @ Nov 14 2013, 03:41 PM) gst small thing la... "Sorry - I was working overtime and feel asleep, did I break any rules? Now get out as I need to finish up my work, and thanks for the wake up call ! " more serious one if sleep half way at night, bandaraya come and chase you out |
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Nov 14 2013, 05:08 PM
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3,334 posts Joined: Mar 2011
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QUOTE(urb7 @ Nov 14 2013, 03:51 PM) "Sorry - I was working overtime and feel asleep, did I break any rules? Now get out as I need to finish up my work, and thanks for the wake up call ! " haha, very good one!! |
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Nov 16 2013, 12:23 AM
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2,663 posts Joined: Feb 2013
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QUOTE(Glcotan @ Nov 14 2013, 04:41 PM) gst small thing la... 6pc charge on selling price..small thing r..:@more serious one if sleep half way at night, bandaraya come and chase you out |
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Nov 17 2013, 07:16 PM
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Senior Member
1,228 posts Joined: Nov 2013
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latest 90% sold
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Nov 17 2013, 07:18 PM
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3,774 posts Joined: Mar 2012
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QUOTE(urb7 @ Nov 14 2013, 03:51 PM) "Sorry - I was working overtime and feel asleep, did I break any rules? Now get out as I need to finish up my work, and thanks for the wake up call ! " So u cannot waer pyjamas to sleep or u need to quickly remove the pyjamas n change before opening the door |
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Nov 17 2013, 08:10 PM
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Senior Member
4,476 posts Joined: Jan 2003 From: Subang Jaya
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How much is the cheapest unit?
Thanks. |
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Nov 17 2013, 11:16 PM
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664 posts Joined: Nov 2009
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QUOTE(CMW123 @ Nov 17 2013, 07:18 PM) So u cannot waer pyjamas to sleep or u need to quickly remove the pyjamas n change before opening the door Can, why not? My office's dresscode is actually pyjamas |
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Nov 17 2013, 11:29 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(aberdeen @ Nov 17 2013, 07:16 PM) latest 90% sold Unbelievable!!! |
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Nov 17 2013, 11:53 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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Where got 90 percent?
Still many 21 floor above |
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Nov 18 2013, 12:05 AM
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141 posts Joined: Aug 2010
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QUOTE(urb7 @ Nov 17 2013, 11:16 PM) Can, why not? My office's dresscode is actually pyjamas  duck ? |
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Nov 18 2013, 12:08 AM
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294 posts Joined: Jun 2008
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QUOTE(manapergi @ Nov 18 2013, 12:05 AM) ya, went there noon today, the sales chart surely not showing 90%. Means sales is not good?How many percent sold then? |
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Nov 18 2013, 12:14 AM
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1,228 posts Joined: Nov 2013
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QUOTE(manapergi @ Nov 18 2013, 12:05 AM) ya, went there noon today, the sales chart surely not showing 90%. That was what the SA told me... |
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Nov 18 2013, 12:17 AM
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294 posts Joined: Jun 2008
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QUOTE(manapergi @ Nov 18 2013, 12:12 AM) can't comment good or bad sales but when i was there only 2-3 other group viewing. 4xx sq ft not sold? one glance 80% sold. the 7xx sf fully sold. remaining 4xx sf and 1xxx sf. Thought the smallest will be sold first? |
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Nov 18 2013, 02:03 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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Hot hot hot
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Nov 18 2013, 06:47 AM
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2,854 posts Joined: Jul 2013
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QUOTE(kochin @ Nov 18 2013, 02:03 AM) Hot hot hot Agreeable. With this location, and they price in as if the MRT is already ready, so is as hot as those Ara Damansara property. Well done job for SDB. Just wonder what would be their customer from ? |
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Nov 18 2013, 10:59 AM
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157 posts Joined: Dec 2008
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QUOTE(ceveori @ Nov 18 2013, 08:19 AM) SA quite honest to say that by right Sovo can't stay but no one will chase you out and many buy for staying. But the utilities and astro will be damn expensive la. For smallest should be okay , probably u just need 1 ½ HP zircon , and get a TM unifi to watch unlimited movies online forget about Astro .hahaha |
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Nov 18 2013, 11:21 AM
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1,228 posts Joined: Nov 2013
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CNBC reported that China property prices climbed to another record high, despite strict home buying measures to curb speculation....new home prices rose 9.6% in Oct fr a yr earlier, new home prices rose across 69 out of 70 cities across the mainland. Do you think it will be the same over here?
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Nov 18 2013, 11:45 AM
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390 posts Joined: Oct 2012
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QUOTE(JollyRogers @ Nov 18 2013, 12:05 AM) duck ? |
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Nov 18 2013, 11:49 AM
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3,774 posts Joined: Mar 2012
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QUOTE(JollyRogers @ Nov 18 2013, 12:05 AM) duck ? |
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Nov 18 2013, 02:25 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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seems like 80% take up within the first weekend is the new WWWBBB?
what about it's neighbour opposite? how did they fare? |
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Nov 18 2013, 03:06 PM
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Senior Member
4,476 posts Joined: Jan 2003 From: Subang Jaya
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QUOTE(manapergi @ Nov 17 2013, 08:47 PM) RM4xxk before rebate After rebate 400k and below?? |
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Nov 18 2013, 08:26 PM
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Nov 18 2013, 10:55 PM
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664 posts Joined: Nov 2009
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 The retails units facing the main road, opposite of the MRT station. 1000++ sf show units        Construction of MRT station across the road of the site  |
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Nov 19 2013, 08:04 AM
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Junior Member
82 posts Joined: May 2009
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But this is sovo. very grey area.. that y show unit no bed.. maybe can't use for staying
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Nov 20 2013, 09:42 PM
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1,428 posts Joined: Sep 2013
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Sovo is 4 office use. U gotta check d s&p in detail to see d actual usage. If u wanna stay as residential, security wil b an issue as all people can enter in d name of doing business..
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Dec 4 2013, 04:51 PM
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Dec 4 2013, 04:52 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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wow... so lush.
got mosquitoes or not? |
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Dec 4 2013, 05:16 PM
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Junior Member
157 posts Joined: Nov 2005 From: KL
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the show unit look so close to The Hub SS2
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Dec 4 2013, 05:54 PM
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5,857 posts Joined: Dec 2010
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QUOTE(kochin @ Dec 4 2013, 04:52 PM) wow... so lush. hahahagot mosquitoes or not? |
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Dec 8 2013, 12:04 PM
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1,600 posts Joined: Aug 2011
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QUOTE(restful increase @ Nov 20 2013, 09:42 PM) Sovo is 4 office use. U gotta check d s&p in detail to see d actual usage. If u wanna stay as residential, security wil b an issue as all people can enter in d name of doing business.. I was at the windows on the park launch yesterday and talked to SA about this and the SA kept assure me that I can stay there. I asked is the schedule H for this and the SA said no but I can still stay there. This post has been edited by hey_there: Dec 8 2013, 12:05 PM |
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Dec 8 2013, 06:07 PM
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Senior Member
2,663 posts Joined: Feb 2013
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Sovo...i think ppls ll jus stay there. Seriously we need authority to come in to clear all the question marks here. But who should we approach?
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Dec 8 2013, 11:56 PM
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1,228 posts Joined: Nov 2013
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QUOTE(propertybbb @ Dec 8 2013, 06:07 PM) Sovo...i think ppls ll jus stay there. Seriously we need authority to come in to clear all the question marks here. But who should we approach? I am sure there are already some SoHo, SoFo, SoVo ...completed and in business...anybody heard of anyone being thrown out for staying in these properties? or got into trouble with the authorities? |
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Dec 9 2013, 01:00 AM
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Senior Member
4,230 posts Joined: Jan 2009
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QUOTE(aberdeen @ Dec 8 2013, 11:56 PM) I am sure there are already some SoHo, SoFo, SoVo ...completed and in business...anybody heard of anyone being thrown out for staying in these properties? or got into trouble with the authorities? Is there any completed SOFO or SOVO in the market already? Would like to know the status too. |
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Dec 9 2013, 10:31 AM
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1,228 posts Joined: Nov 2013
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QUOTE(hey_there @ Dec 8 2013, 12:04 PM) I was at the windows on the park launch yesterday and talked to SA about this and the SA kept assure me that I can stay there. I asked is the schedule H for this and the SA said no but I can still stay there. If someone buys the property relying on a SA statement that Sofo, Sovo can be used for stay, and if turn out to be otherwise, can one sue for damages against the developer for misrepresentation? Any lawyers here to give your view? |
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Dec 9 2013, 12:42 PM
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1,600 posts Joined: Aug 2011
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QUOTE(aberdeen @ Dec 9 2013, 10:31 AM) If someone buys the property relying on a SA statement that Sofo, Sovo can be used for stay, and if turn out to be otherwise, can one sue for damages against the developer for misrepresentation? Any lawyers here to give your view? i dont think that is possible coz there's no proof. unless the SA sign an assurance contract with buyer la... luckily i read somewhere here about sovo/sofo/soho and schedule H... btw, the SA said they r going to launch the serviced apartment somewhere in june 2014 starting from 900k |
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Dec 9 2013, 01:04 PM
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1,228 posts Joined: Nov 2013
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QUOTE(hey_there @ Dec 9 2013, 12:42 PM) i dont think that is possible coz there's no proof. unless the SA sign an assurance contract with buyer la... if I video record the conversation with my smart phone, can i use it as proof? luckily i read somewhere here about sovo/sofo/soho and schedule H... btw, the SA said they r going to launch the serviced apartment somewhere in june 2014 starting from 900k |
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Dec 9 2013, 01:08 PM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(hey_there @ Dec 9 2013, 12:42 PM) i dont think that is possible coz there's no proof. unless the SA sign an assurance contract with buyer la... OMG.... 900k service apartment at Sg Buloh.... luckily i read somewhere here about sovo/sofo/soho and schedule H... btw, the SA said they r going to launch the serviced apartment somewhere in june 2014 starting from 900k  |
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Dec 9 2013, 01:30 PM
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Junior Member
45 posts Joined: Mar 2008
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selangor dredging pricing
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Dec 9 2013, 09:52 PM
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2,854 posts Joined: Jul 2013
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QUOTE(simeonelee78 @ Dec 9 2013, 01:08 PM) OMG.... 900k service apartment at Sg Buloh.... With the RRIM land redevelope soon, this area don't think will be call Sg Buloh anymore. |
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Dec 9 2013, 10:15 PM
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1,600 posts Joined: Aug 2011
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QUOTE(simeonelee78 @ Dec 9 2013, 01:08 PM) OMG.... 900k service apartment at Sg Buloh.... That's what the SA told me. Maybe she purposely told me big figure so that I will buy the sovo at 700k instead. |
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Dec 9 2013, 11:09 PM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(forever1979 @ Dec 9 2013, 09:52 PM) With the RRIM land redevelope soon, this area don't think will be call Sg Buloh anymore. So...what it will called?Another Damansara xxxx...or Saujana xxxx....or Damansara South/West /East/North... Just use Sg Buloh la...y ? feel so shameful to use own name?? |
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Dec 9 2013, 11:30 PM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(hey_there @ Dec 9 2013, 10:15 PM) That's what the SA told me. Maybe she purposely told me big figure so that I will buy the sovo at 700k instead. SOVO can used as residence?...hmmm  |
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Dec 10 2013, 12:41 AM
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1,600 posts Joined: Aug 2011
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QUOTE(simeonelee78 @ Dec 9 2013, 11:30 PM) SOVO can used as residence?...hmmm That's y. The SA confidently assure me... When asked about schedule H, she said dun have but assure me that I can stay de |
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Dec 10 2013, 06:50 AM
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2,854 posts Joined: Jul 2013
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QUOTE(simeonelee78 @ Dec 9 2013, 11:09 PM) So...what it will called? Developer will rebrand it to sell at premium, like Kota Damansara formerly also part of Sungai Buloh ..Another Damansara xxxx...or Saujana xxxx....or Damansara South/West /East/North... Just use Sg Buloh la...y ? feel so shameful to use own name?? |
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Dec 10 2013, 08:31 AM
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339 posts Joined: Nov 2013
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QUOTE(hey_there @ Dec 10 2013, 12:41 AM) That's y. The SA confidently assure me... When asked about schedule H, she said dun have but assure me that I can stay de better check with authorities...or can get letter of consent from developer about this matter...Bcos right now, government still din have any clear guideline about this matter.... u know la...this is boleh-land... nonsense things always happen... just be careful ...to protect ur right... |
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Dec 10 2013, 08:35 AM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(forever1979 @ Dec 10 2013, 06:50 AM) Developer will rebrand it to sell at premium, like Kota Damansara formerly also part of Sungai Buloh .. yup...agreed....As a buyer, must be careful...cos developer like to put "premium" name...n the price also premium... but location ...hehehe... Damansara Damai, Damansara Sutera...also part of Sg Buloh... This post has been edited by simeonelee78: Dec 10 2013, 08:40 AM |
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Dec 10 2013, 09:46 AM
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664 posts Joined: Nov 2009
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QUOTE(simeonelee78 @ Dec 9 2013, 11:30 PM) SOVO can used as residence?...hmmm There are 2 blocks - one being Service Apartment (to be launched next year), and the current launch with is SOVO. Serviced apartment will be launched at RM800psf - but who knows this might trend down due to the slow down in the market. Both SOVO and Serviced Apartments share the same facilities, and has 3-tiered access, almost like another service apartment. You need to check out the concept to be able to appreciate the value in this. Compared to Mahsing, you can see this is not another run of the mill development. For instance, SDB has engaged London-based firm CarverHaggard (http://carverhaggard.com/) for The Hub as well as SqWhere, as the architect as well. These are some of their works for SDB in Singapore and would expect the same concept here:-   As for SOVO can stay or not - the House Rules, ie DMC does not state that you can't stay overnight. So again, grey area. This post has been edited by urb7: Dec 10 2013, 09:47 AM |
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Dec 10 2013, 10:08 AM
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Junior Member
339 posts Joined: Nov 2013
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QUOTE(urb7 @ Dec 10 2013, 09:46 AM) There are 2 blocks - one being Service Apartment (to be launched next year), and the current launch with is SOVO. Serviced apartment will be launched at RM800psf - but who knows this might trend down due to the slow down in the market. Both SOVO and Serviced Apartments share the same facilities, and has 3-tiered access, almost like another service apartment. Location...not really apreaciate about it...but building design....no doubt...SDB is one of the top in country.... You need to check out the concept to be able to appreciate the value in this. Compared to Mahsing, you can see this is not another run of the mill development. For instance, SDB has engaged London-based firm CarverHaggard (http://carverhaggard.com/) for The Hub as well as SqWhere, as the architect as well. These are some of their works for SDB in Singapore and would expect the same concept here:- As for SOVO can stay or not - the House Rules, ie DMC does not state that you can't stay overnight. So again, grey area. |
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Dec 10 2013, 10:47 AM
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664 posts Joined: Nov 2009
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QUOTE(simeonelee78 @ Dec 10 2013, 10:08 AM) Location...not really apreaciate about it...but building design....no doubt...SDB is one of the top in country.... 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. This post has been edited by urb7: Dec 10 2013, 10:47 AM |
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Dec 10 2013, 10:50 AM
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Senior Member
1,228 posts Joined: Nov 2013
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The fact that there is no standard S & P agreement for SoFo, SoVo and SoHo(???) , could be a source of concern for buyers, who may find themselves in the cold without the protection of HDA. The top of your priority, if you want to buy this category of properties is to buy only from reputable developers with good track records.
You may want to check up this article "Getting clarity in SoHo, SoFo and SoVo" at www.iproperty.com.my/news/7982/getting-clarity-in-soho-sofo-and-sovo |
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Dec 10 2013, 11:10 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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QUOTE(urb7 @ Dec 10 2013, 09:46 AM) There are 2 blocks - one being Service Apartment (to be launched next year), and the current launch with is SOVO. Serviced apartment will be launched at RM800psf - but who knows this might trend down due to the slow down in the market. Both SOVO and Serviced Apartments share the same facilities, and has 3-tiered access, almost like another service apartment. this is where it gets mighty interesting.You need to check out the concept to be able to appreciate the value in this. Compared to Mahsing, you can see this is not another run of the mill development. For instance, SDB has engaged London-based firm CarverHaggard (http://carverhaggard.com/) for The Hub as well as SqWhere, as the architect as well. These are some of their works for SDB in Singapore and would expect the same concept here:- As for SOVO can stay or not - the House Rules, ie DMC does not state that you can't stay overnight. So again, grey area. on one hand, nothing mention about can't stay overnight. but neither does it permits one to do so. the other bigger dilemma would be the sharing of facilities. this seems to encourage the sovo as a residence. on the other hand, given that both parties starts leasing out the property as residence, and assuming renters prefer the sovo due to cheaper rents and same facilities, take a guess of what would likely follow? surely SA purchasers would gang up and start complaining that the Sovo cannot be leased as residence? and all hell breaks lose then? yikes. but seriously, developers should clearly define what is what lah. don't mislead the purchasers please. |
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Dec 10 2013, 12:22 PM
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1,600 posts Joined: Aug 2011
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What if an office in sovo hired a bangla guard and let him stay overnight in the office to "guard" and will be sharing the same facility with the SA residence? Or smth similar like that.
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Dec 10 2013, 02:56 PM
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1,228 posts Joined: Nov 2013
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For some who hv serious doubt and lack of understanding on these properties...they would not want to touch them...they would not want to end up with a property which is a ticking timebomb!
For some who hv great cofidence on these properties, and I think there are alot, judging from the sales and pricing, these properties met their goals and investment objectives, they would say go for them, why want to miss great opportunities! Which side are you on? There is no right or wrong at this point in time....maybe 4 or 5 years down we will know who are the winners. This post has been edited by aberdeen: Dec 10 2013, 02:57 PM |
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Dec 14 2013, 03:33 PM
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Senior Member
1,228 posts Joined: Nov 2013
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Was informed by SA Sqwhere sales very good....slightly more than 90% sold
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Dec 19 2013, 10:22 AM
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Junior Member
157 posts Joined: Dec 2008
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QUOTE(HeartRock_Cafe @ Dec 9 2013, 11:35 PM) part of SB as expensive as DPC eg Valencia/ Sieramans. As comparison between DPC and Valencia pricing , Valencia is so much cheaper , a 3 storey link house with a roof top patio with build up about 3,000 sqft , the current price starts from RM 1.6mil , of course most Valencia house is leasehold. |
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Dec 30 2013, 09:59 AM
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Junior Member
138 posts Joined: Jun 2013
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QUOTE(aberdeen @ Dec 14 2013, 03:33 PM) Was informed by SA Sqwhere sales very good....slightly more than 90% sold u sure boh.. i went there last wk.. d sales nt yet reach 80% wor |
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Dec 30 2013, 10:52 AM
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3,774 posts Joined: Mar 2012
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QUOTE(aberdeen @ Dec 10 2013, 02:56 PM) For some who hv serious doubt and lack of understanding on these properties...they would not want to touch them...they would not want to end up with a property which is a ticking timebomb! Heard that recently ministry of housing raided several developers for advertising sofo/sovo as residence when the approval obtained is for "pejabat"For some who hv great cofidence on these properties, and I think there are alot, judging from the sales and pricing, these properties met their goals and investment objectives, they would say go for them, why want to miss great opportunities! Which side are you on? There is no right or wrong at this point in time....maybe 4 or 5 years down we will know who are the winners. Notice that sofo/sovo will use director room, manager room, pantry etc in the layout plan. They would not use bedroom or kitchen. Also sofo/sovo have water sprinkle installed at ceiling to fulfill bomba requirement as pejabat The law is clear just a question of enforcement |
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Jan 13 2014, 03:12 PM
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Senior Member
664 posts Joined: Nov 2009
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Sales status updated as of today, 40 units still available, total units 302 units, 87% sold.
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Jan 13 2014, 03:52 PM
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5,436 posts Joined: Jan 2011
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look like this better than the hub ss2.
i like this too more than the hub ss2. got mrt and near those elite township. This post has been edited by HELLO HELLO: Jan 13 2014, 03:52 PM |
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Jan 15 2014, 10:55 AM
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Senior Member
664 posts Joined: Nov 2009
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Does a transit-oriented development make all the difference?
A transit-oriented development (TOD) is a mixed-use residential and commercial area designed to maximize access to public transport, and often incorporates features to encourage transit ridership. A TOD neighborhood typically has a center with a transit station or stop (train station, metro station, tram stop, or bus stop), surrounded by relatively high-density development with progressively lower-density development spreading outward from the center. TODs generally are located within a radius of one-quarter to one-half mile (400 to 800 m) from a transit stop, as this is considered to be an appropriate scale for pedestrians, thus solving the last mile problem. Photo from MRT website showing progress at the MRT station, with SqWhere land plot. This post has been edited by urb7: Jan 15 2014, 10:57 AM Attached thumbnail(s) 
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Jan 15 2014, 10:01 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(urb7 @ Jan 13 2014, 03:12 PM) Sales status updated as of today, 40 units still available, total units 302 units, 87% sold. Can I repost this with your credit on ptlm? |
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Jan 15 2014, 10:11 PM
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All Stars
20,146 posts Joined: May 2011
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This part of Sg buloh imo no where near elite township leh....
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Jan 15 2014, 10:13 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(BEANCOUNTER @ Jan 15 2014, 10:11 PM) This part of Sg buloh imo no where near elite township leh.... Maybe have to wait until Kwasa land developed and the MRT starts running... |
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Jan 15 2014, 10:16 PM
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All Stars
20,146 posts Joined: May 2011
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Already selling 700psf...when mrt runs, how much u r willing to pay? 1000psf?
How many ppl can afford tis price? |
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Jan 15 2014, 11:24 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(accetera @ Jan 15 2014, 10:01 PM) Can I repost this with your credit on ptlm? Feel free |
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Jan 15 2014, 11:31 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(CMW123 @ Jan 15 2014, 10:13 PM) Maybe have to wait until Kwasa land developed and the MRT starts running... EPF’s Kwasa Land to generate RM50 billion in Gross Development ValuePosted on 15/01/2014 Projected GDV of RM50b to be generated over the next 20 years State to reap economic benefits PETALING JAYA — The Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd, tasked with the development of 2,330 acres in Sungai Buloh as master developer, is projected to generate RM50 billion in Gross Development Value (GDV) over the next 20 years. As a first step, the master plan for the proposed township of Kwasa Damansara has been presented to the State government for their evaluation and approval. With this massive projected GDV, the state of Selangor is expected to prosper as more than 150,000 people move in to live, earn and thrive in this new iconic township. The vast tract of land has received overwhelming response from developers making it a challenge for the Kwasa Land Pre-Qualification committee to limit the qualifying number to only 60 of the best. Over 150 developers had submitted their credentials and applied for the opportunity to work alongside Kwasa Land during the Pre-Qualification exercise. Tenders for the development of Phase I will be called in February 2014. “We intend to work with the best and most experienced developers who are required to comply with our urban design guidelines as well as our high standards for creativity and promoting a safe city concept,” said Mohd Lotfy Mohd Noh, managing director of Kwasa Land Sdn Bhd. As master developer, Kwasa Land will initiate development through experienced partners and collaborators to deliver a township with a difference. It has been positioned as a transport oriented development with three tiers of developers set up to exercise the widest range of development opportunities. Tier 1 developers are classified as large scale companies with a paid up share capital or shareholders’ fund of at least RM1 billion; Tier 2 developers are medium scale companies with a paid up capital or shareholders’ fund of at least RM300 million, and Tier 3 developers are Bumiputera companies with a paid up capital or shareholders fund of RM1 million and above. Upon obtaining the necessary approvals from the State authorities, the first parcel of 64 acres will be developed into a modern state-of-the-art town centre and transport hub in a partnership with Tier 1 developers. The town centre shall comprise 70 per cent commercial and 30 per cent residential components, with the added advantage of having two MRT stations built within its confines for the benefit of residents and commuters within Klang Valley. The successful partner in developing this town centre will be based on the merits of their design proposal and financial consideration. In addition to the town centre, residential developments of approximately 10 – 20 acres each will also on a similar basis, be tendered out to Tier 2 and Tier 3 Bumiputera developers. These parcel sizes are maintained to ensure that the supply and demand for the properties are kept in control to match market conditions. Although the 2,330 acres of this township development falls under the jurisdiction of two local councils, the State government through its State Planning Committee has agreed that one integrated master plan for the entire development be considered for approval. The first three developments which will take place within the first two years come under the jurisdiction of the Majlis Bandaraya Shah Alam (MBSA). “An additional allocation of 30 acres will be considered by the EPF to build a corporate park in a garden setting with the first phase for its corporate office. The goal is to spark a catalytic project to attract other corporate players and government agencies to locate or relocate their offices here in our development.” Kwasa Land’s proposed land distribution “formula” shows the following percentage breakdown: 42 per cent for residential, 11 per cent for commercial, 7 per cent for mixed use, 11 per cent for green and open space, 23 per cent for infrastructure and 6 per cent for community facilities The entire township project would be developed into eight precincts, each to have its own urban design guidelines. Based on this structural division of land, Kwasa Land is projecting land sales revenue of approximately RM11 billion for 1,350 acres to public limited companies, government-linked companies, private developers as well as Bumiputera developers. In addition, Kwasa Land is likely to invest in equity participation in most of the precinct areas to generate greater returns and to ensure conformance of the urban design guidelines. Acquired at RM2.28 billion in 2012 from Lembaga Getah Malaysia, Kwasa Land aims to build a township that has a unique concept. Top of the urban design guidelines list is the preference for a three-pronged approach: Green, Connectivity and Inclusiveness or GCI for short. This is a clear indication of how urban design and building plans will achieve a tangible and sustainable trademark for the new township. A compelling factor that drives the uniqueness of the township lies in the fact that it has multiple MRT stations, four highways that connect the development including the future DASH Highway that will traverse the township and future connections to the KTM Komuter service. In addition, the Subang SkyPark air terminal is located nearby at the South-West fringe. All these make the new township’s connectivity unparalleled. To date, the MRT has started their construction, a plus point for the Kwasa Land planners as seldom do transport companies establish such a prior commitment, that is, before a township gets built and developed. “In our case, this development will evolve naturally around the two MRT stations that have been planned,” added Mohd Lotfy. Kwasa Land has earmarked and will undertake provisions for all ‘backbone’ infrastructure, common facilities and centralized amenities, and eight thematic landscaped parks to be enjoyed, green buildings, community facilities, a proposed common utility tunnel (CUT) that encourages a no-digging policy, central command centre and efficient sewage and disposal systems for both residential areas and commercial hub centres. “People want a great list of things in their neighbourhood – green space, efficiently managed facilities and amenities, close radius to basic vendors and suppliers, accessibility, minimal pollution, all round safety, 24/7 security, centralised buildings for community use and more. “We aim to consider all these needs and have in fact, incorporated them in the master plan including a 5.5 km linear park, in our effort to provide an improved quality of life and elements of liveability in our neighbourhoods. It is not a wish list but a feasible agenda as we have worked it out on our drawing board. It is all about achieving the right balance – as will be prompted in our planning and designs. “The thrust is to provide a holistic and integrated development, which will require us to closely build and manage the development from start to finish or from drawing board to drawing room in the home. There is a high level of developer compliance, which will be spelled clearly in the developers’ urban design guidelines,” added Lotfy. Kwasa Land aims to provide homes and residences totaling 28,000, comprising all types. This is translated into the township supporting about a 150,000 people who live and work in Kwasa Damansara. Its land distribution also shows that close to 50 million sq feet of commercial space will be created – an entrepreneur’s deligh |
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Jan 20 2014, 04:56 PM
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664 posts Joined: Nov 2009
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Jan 23 2014, 12:51 AM
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15 posts Joined: Sep 2010
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How is the sales as at now?
This post has been edited by skyyoon78: Jan 23 2014, 12:57 AM |
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Mar 13 2014, 06:33 PM
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Senior Member
664 posts Joined: Nov 2009
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Mar 13 2014, 10:52 PM
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5,436 posts Joined: Jan 2011
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QUOTE(urb7 @ Mar 13 2014, 06:33 PM) Ada Bakuteh and Buddha jump over wall. |
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Mar 20 2014, 11:48 PM
Show posts by this member only | IPv6 | Post
#241
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Junior Member
32 posts Joined: Dec 2013
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I have few units to let go below market price.
PM me or contact 019-6592782 for more info. |
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Mar 21 2014, 10:51 AM
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Newbie
3 posts Joined: Jun 2011
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can some one PM me the detail of this property???
offer package, available unit and price. thank you very much!!!!! |
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Mar 21 2014, 02:18 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(BEANCOUNTER @ Jan 15 2014, 10:11 PM) This part of Sg buloh imo no where near elite township leh.... Same view here, driving around there is like going on outstation trip...But who knows, more and more development will come here in future, just how long it takes to boom only... |
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Mar 21 2014, 02:27 PM
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Junior Member
705 posts Joined: Mar 2013
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so quiet...
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Mar 23 2014, 12:37 PM
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Senior Member
564 posts Joined: Aug 2006
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Visited the show room yesterday.
8**psf before rebate is really expensive for leasehold project. Seriosly cant see any future appreciation if we talking about up to 1kpsf. just my 2cent No direct entrance with u come from kepong area. Only entrance is to via sg.buloh village. Surrounding by factories. The attractive point is only mrt. 10% rebate and downpayment 5%. 90% sold left all small units. |
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Apr 2 2014, 02:17 AM
Show posts by this member only | IPv6 | Post
#246
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Junior Member
32 posts Joined: Dec 2013
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I have few units still selling at rm7xx psf which is pre launch price. Pm me if you are interested.
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Apr 2 2014, 05:20 PM
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Senior Member
2,487 posts Joined: Jan 2003 From: Cheras
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QUOTE(KingofProp @ Apr 2 2014, 02:17 AM) I have few units still selling at rm7xx psf which is pre launch price. Pm me if you are interested. Wah give up so early ahh? |
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Apr 22 2014, 10:54 PM
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Junior Member
7 posts Joined: Apr 2014
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Went iproperty fair last week, SA told still got balance unit for 750 per sqft, worth to buy?
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Apr 22 2014, 11:15 PM
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Senior Member
617 posts Joined: Sep 2010
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Developer blocked many units. Slowly release few units at a time to clear stock.
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Apr 24 2014, 11:32 PM
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Junior Member
7 posts Joined: Apr 2014
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SA said not much unit left, i can get prelaunch price at the moment, developer might increase price later.
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Apr 24 2014, 11:37 PM
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Junior Member
173 posts Joined: Feb 2014
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Hi, I am Vincent
I am a Mortgage Consultant. Specialised in Housing loan, if anyone is interested to purchase house, I can choose the best bank packages that suit your needs. Our company have license for most of the banks in Malaysia. Therefore no conflict of interest, no talking bad of other bank's package, as we are professional. Feel free to contact me 019 - 9843327, Vincent |
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Apr 25 2014, 04:26 PM
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Junior Member
7 posts Joined: Apr 2014
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Booked a 549 sqft unit for RM465,800, 6%+4% rebate. 1st investment in sungai buloh, hope can appeciate in future like kota damansara
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Apr 26 2014, 12:42 PM
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664 posts Joined: Nov 2009
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QUOTE(kimtan33 @ Apr 25 2014, 04:26 PM) Booked a 549 sqft unit for RM465,800, 6%+4% rebate. 1st investment in sungai buloh, hope can appeciate in future like kota damansara Congrats - by the time SqWhere VPs, with the MRT up and running and some activities from the nearby Kwasa Damansara will serve as future price push factor. This post has been edited by urb7: Apr 26 2014, 12:43 PM |
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Apr 27 2014, 11:58 AM
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3,774 posts Joined: Mar 2012
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QUOTE(kimtan33 @ Apr 25 2014, 04:26 PM) Booked a 549 sqft unit for RM465,800, 6%+4% rebate. 1st investment in sungai buloh, hope can appeciate in future like kota damansara RM766 psf :clap upon vp want to sell for RM 500k (900psf) with 20% gain or rent out for RM2000 per month?? |
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Apr 27 2014, 01:12 PM
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1,616 posts Joined: Jun 2013
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QUOTE(CMW123 @ Apr 27 2014, 11:58 AM) RM766 psf :clap upon vp want to sell for RM 500k (900psf) with 20% gain or rent out for RM2000 per month?? How ? |
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Apr 27 2014, 03:02 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(hondaracer @ Apr 27 2014, 01:12 PM) How ? That is my question with 2 question mark... |
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Apr 27 2014, 03:13 PM
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Senior Member
664 posts Joined: Nov 2009
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Well, 3 stations from Sg Buloh MRT station whereby SqWhere is linked to, is Tropicana Gardens, units for Phase 2 were sold at RM1100psf, this is 2013 pricing.
SqWhere's averaging RM 750psf with completion is at 2018 - there is definitely room to appreciate, with Kwasaland developments in full swing by then. |
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Apr 28 2014, 09:02 AM
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Senior Member
1,227 posts Joined: Jun 2010
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Such small units r really untested, my fren bought two 400-500sf units soho etc and hardly appreciates even after 2years ++...and bear in mind that this is during poperty bull run period...MRT is not everything, many high income earners tat can afford in sels, they need to use own transport, and at higher prices, many bigger units to choose from instead of these shoe boxes
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May 6 2014, 04:55 PM
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Junior Member
123 posts Joined: Jul 2008
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People that bought this property should be verrrry worried, just my 2 cents. This might be a potential abandoned project. The land is agricultural land, but until today the units have been sold and the title of the land is still agricultural. Normal practice, developer will acquire the land and change the title to commercial or residential( this approval process usually take 1 year, pay some under table to make the process faster) then start selling once it is a full fledge commercial/ residential land. In this case, owners u need to do some due diligence.
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May 6 2014, 04:58 PM
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Senior Member
617 posts Joined: Sep 2010
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QUOTE(silent_killer @ May 6 2014, 04:55 PM) People that bought this property should be verrrry worried, just my 2 cents. This might be a potential abandoned project. The land is agricultural land, but until today the units have been sold and the title of the land is still agricultural. Normal practice, developer will acquire the land and change the title to commercial or residential( this approval process usually take 1 year, pay some under table to make the process faster) then start selling once it is a full fledge commercial/ residential land. In this case, owners u need to do some due diligence. Dont scare me pls..... |
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May 6 2014, 05:17 PM
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123 posts Joined: Jul 2008
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QUOTE(Darkknight2010 @ May 6 2014, 04:58 PM) Dont scare me pls..... Im not trying to scare any1 and im not trying to sell or spoil anybodys reputation. Im just saying this property raised a few red flags for me to proceed. I think property owners should know what is happening, if all these turns out to be fake. I truly congrats home owners that have bought the units. I think owners should call the sales agent to demand for explanation. |
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May 6 2014, 05:46 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(silent_killer @ May 6 2014, 04:55 PM) People that bought this property should be verrrry worried, just my 2 cents. This might be a potential abandoned project. The land is agricultural land, but until today the units have been sold and the title of the land is still agricultural. Normal practice, developer will acquire the land and change the title to commercial or residential( this approval process usually take 1 year, pay some under table to make the process faster) then start selling once it is a full fledge commercial/ residential land. In this case, owners u need to do some due diligence. The conditional SPA states this clearly, and will only proceed if they manage to change to Commercial with the development order. If not the deposit is then refunded. This is SDB, a established and reputable developer, not your run of the mill developer who is making a quick buck before cabut.This post has been edited by urb7: May 6 2014, 05:48 PM |
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May 6 2014, 06:27 PM
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Junior Member
123 posts Joined: Jul 2008
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QUOTE(urb7 @ May 6 2014, 05:46 PM) The conditional SPA states this clearly, and will only proceed if they manage to change to Commercial with the development order. If not the deposit is then refunded. This is SDB, a established and reputable developer, not your run of the mill developer who is making a quick buck before cabut.   sorry, my mistake |
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May 6 2014, 07:55 PM
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Senior Member
1,266 posts Joined: Jul 2013
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QUOTE(kimtan33 @ Apr 25 2014, 04:26 PM) Booked a 549 sqft unit for RM465,800, 6%+4% rebate. 1st investment in sungai buloh, hope can appeciate in future like kota damansara This is office investment. Doable at this area? Cant use as residential. Risky investment. |
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May 6 2014, 10:04 PM
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Senior Member
1,816 posts Joined: May 2013
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It also happens to some developments in PJ area, where those land title are under industrial. The developers convert them to commercial title for mixed development
QUOTE(silent_killer @ May 6 2014, 04:55 PM) People that bought this property should be verrrry worried, just my 2 cents. This might be a potential abandoned project. The land is agricultural land, but until today the units have been sold and the title of the land is still agricultural. Normal practice, developer will acquire the land and change the title to commercial or residential( this approval process usually take 1 year, pay some under table to make the process faster) then start selling once it is a full fledge commercial/ residential land. In this case, owners u need to do some due diligence. |
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May 6 2014, 10:18 PM
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Senior Member
1,816 posts Joined: May 2013
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Kwasaland? When are they gonna start developing there?
QUOTE(urb7 @ Apr 27 2014, 03:13 PM) Well, 3 stations from Sg Buloh MRT station whereby SqWhere is linked to, is Tropicana Gardens, units for Phase 2 were sold at RM1100psf, this is 2013 pricing. SqWhere's averaging RM 750psf with completion is at 2018 - there is definitely room to appreciate, with Kwasaland developments in full swing by then. |
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May 6 2014, 10:20 PM
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Senior Member
1,816 posts Joined: May 2013
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Kota Damansara took 13 years to be where it is today. So can't compare till what we can see after 10 years in Sg Buloh….
QUOTE(urb7 @ Apr 27 2014, 03:13 PM) Well, 3 stations from Sg Buloh MRT station whereby SqWhere is linked to, is Tropicana Gardens, units for Phase 2 were sold at RM1100psf, this is 2013 pricing. SqWhere's averaging RM 750psf with completion is at 2018 - there is definitely room to appreciate, with Kwasaland developments in full swing by then. |
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May 6 2014, 10:36 PM
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Senior Member
2,262 posts Joined: Jul 2013
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MBSA already issue RT for the land of plot nearby there to commercial with high ratio (approved based on TOD concept), convert definitely not a problem now.
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May 6 2014, 11:13 PM
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Junior Member
123 posts Joined: Jul 2008
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QUOTE(woody33 @ May 6 2014, 10:22 PM) next door MS also agri land? Ms got approved some time agoAttached thumbnail(s) 
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May 6 2014, 11:26 PM
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All Stars
10,777 posts Joined: Sep 2009
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Land conversion for this project is not an issue.
The biggest hurdle one is the one that I'm handling - Dang Wangi LRT Station in KL downtown. |
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May 6 2014, 11:35 PM
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Junior Member
123 posts Joined: Jul 2008
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QUOTE(accetera @ May 6 2014, 11:26 PM) Land conversion for this project is not an issue. You're in construction line as well?The biggest hurdle one is the one that I'm handling - Dang Wangi LRT Station in KL downtown. |
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May 7 2014, 05:30 AM
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664 posts Joined: Nov 2009
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QUOTE(CloudAtla$ @ May 6 2014, 07:55 PM) This is office investment. Doable at this area? Cant use as residential. Risky investment. In the SPA, it will be listed as office units, but the DMC does not state that you can only use it as office, ie, its flexible and up to you. In the later years however, it will depend on the Management Corporation, they can clear you out if you use it for residential and majority of the owners chooses to vote against such.This post has been edited by urb7: May 7 2014, 05:35 AM |
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May 7 2014, 05:32 AM
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664 posts Joined: Nov 2009
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QUOTE(Maneki-neko @ May 6 2014, 10:20 PM) Kota Damansara took 13 years to be where it is today. So can't compare till what we can see after 10 years in Sg Buloh…. Kota Damansara years ago didn't have a catalyst like the MRT - this one has, and together with the upcoming Kwasaland development, I believe it will take far shorter time frame to achieve the hive of activity. |
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May 7 2014, 07:46 AM
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1,266 posts Joined: Jul 2013
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QUOTE(urb7 @ May 7 2014, 05:30 AM) In the SPA, it will be listed as office units, but the DMC does not state that you can only use it as office, ie, its flexible and up to you. In the later years however, it will depend on the Management Corporation, they can clear you out if you use it for residential and majority of the owners chooses to vote against such. Its an office investment, no matter how we want to call it. You can use it as residential but illegal. |
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May 7 2014, 09:50 AM
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664 posts Joined: Nov 2009
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QUOTE(CloudAtla$ @ May 7 2014, 07:46 AM) Its an office investment, no matter how we want to call it. You can use it as residential but illegal. Which law, or state by-law that would say this would be illegal?This post has been edited by urb7: May 7 2014, 09:50 AM |
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May 7 2014, 02:06 PM
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Senior Member
1,816 posts Joined: May 2013
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Well, provided the gov has sufficient reserve for the next 5 years. Else, I have never seen a wholly own glc is capable of getting up such a township within 5 to 10 years
QUOTE(urb7 @ May 7 2014, 05:32 AM) Kota Damansara years ago didn't have a catalyst like the MRT - this one has, and together with the upcoming Kwasaland development, I believe it will take far shorter time frame to achieve the hive of activity. |
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May 7 2014, 02:07 PM
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Senior Member
1,266 posts Joined: Jul 2013
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QUOTE(urb7 @ May 7 2014, 09:50 AM) Which law, or state by-law that would say this would be illegal? Alright..thn i shld rephrase it that its legally to use office as residential. But dont do any cooking inside office. Insurance coverage problem.This post has been edited by CloudAtla$: May 7 2014, 02:10 PM |
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May 7 2014, 02:40 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(Maneki-neko @ May 7 2014, 02:06 PM) Well, provided the gov has sufficient reserve for the next 5 years. Else, I have never seen a wholly own glc is capable of getting up such a township within 5 to 10 years There is not nothing to do with government fund to develop Kwasaland. The only fund they need is to complete the mrt 1 on time. The development will be carry out by private developer such as brdb, mrcb, uem, parkcity, e&o, sime darby.... . Basiacally epf is selling off the land for profits... |
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May 7 2014, 02:49 PM
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Senior Member
1,816 posts Joined: May 2013
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Ooooh..... Just like Setia Haruman la......
QUOTE(calvin989898 @ May 7 2014, 02:40 PM) There is not nothing to do with government fund to develop Kwasaland. The only fund they need is to complete the mrt 1 on time. The development will be carry out by private developer such as brdb, mrcb, uem, parkcity, e&o, sime darby.... . Basiacally epf is selling off the land for profits... |
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May 7 2014, 09:36 PM
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Junior Member
7 posts Joined: Apr 2014
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SA told me D'sentral Sovo for Commercial only. SqWhere Sovo can be used for Residential or Commercial. SDB allow it.
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May 7 2014, 09:43 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(urb7 @ May 7 2014, 05:32 AM) Kota Damansara years ago didn't have a catalyst like the MRT - this one has, and together with the upcoming Kwasaland development, I believe it will take far shorter time frame to achieve the hive of activity. If the price is set at rm800 psf, this represent pricing for a more mature area n need not wait for several years to achieve hive of activities...so does this means that the project is selling at future price? |
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May 7 2014, 09:45 PM
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3,774 posts Joined: Mar 2012
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QUOTE(accetera @ May 6 2014, 11:26 PM) Land conversion for this project is not an issue. Boss, what's the hurdle, trying to squeeze for higher plot ratio, hehe...The biggest hurdle one is the one that I'm handling - Dang Wangi LRT Station in KL downtown. |
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May 7 2014, 10:13 PM
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1,266 posts Joined: Jul 2013
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QUOTE(kimtan33 @ May 7 2014, 09:36 PM) SA told me D'sentral Sovo for Commercial only. SqWhere Sovo can be used for Residential or Commercial. SDB allow it. Pls get SDB put in writing. |
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May 8 2014, 04:10 AM
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1,266 posts Joined: Jul 2013
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QUOTE(woody33 @ May 7 2014, 10:44 PM) ya SDB > Law SDB so power! |
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May 8 2014, 05:16 AM
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664 posts Joined: Nov 2009
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QUOTE(CMW123 @ May 7 2014, 09:43 PM) If the price is set at rm800 psf, this represent pricing for a more mature area n need not wait for several years to achieve hive of activities...so does this means that the project is selling at future price? Most projects sell at future price to justify developer's investment. Do you think they will still sell at RM500psf at this time ? That's RM 274500 for the smallest unit, logical or possible in this time and age? Mah Sing's SOVO is sold at cheaper than RM 650psf, but not exactly the same product offering I'd say. QUOTE(CloudAtla$ @ May 7 2014, 10:13 PM) Pls get SDB put in writing. I would not believe 100% what the SA tell you, as they are trying to sell you a product, but I only believe what they have written in the SPA and DMC, and the written law at the time.This post has been edited by urb7: May 8 2014, 05:17 AM |
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May 8 2014, 09:35 AM
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Senior Member
1,266 posts Joined: Jul 2013
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QUOTE(urb7 @ May 8 2014, 05:16 AM) Most projects sell at future price to justify developer's investment. Do you think they will still sell at RM500psf at this time ? That's RM 274500 for the smallest unit, logical or possible in this time and age? Mah Sing's SOVO is sold at cheaper than RM 650psf, but not exactly the same product offering I'd say. ya DMC > LawI would not believe 100% what the SA tell you, as they are trying to sell you a product, but I only believe what they have written in the SPA and DMC, and the written law at the time. |
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May 8 2014, 09:36 AM
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664 posts Joined: Nov 2009
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QUOTE(CloudAtla$ @ May 8 2014, 09:35 AM) ya DMC > Law Aiya, please let me know which law lar |
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May 8 2014, 10:31 AM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(CloudAtla$ @ May 8 2014, 09:35 AM) ya DMC > Law Yes, please post up which legal law said sovo can't have bed and stay overnight? |
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May 8 2014, 06:31 PM
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Senior Member
1,266 posts Joined: Jul 2013
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QUOTE(woody33 @ May 8 2014, 03:53 PM) must refer APDL whether it is rumah kediaman or pejabat. Denial!'denial!typical example subang waterfront that developer sell SA but APDL is hotel whole project stuck. |
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May 8 2014, 10:42 PM
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Senior Member
664 posts Joined: Nov 2009
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But which law says says thats illegal?
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May 9 2014, 11:32 AM
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1,266 posts Joined: Jul 2013
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QUOTE(woody33 @ May 8 2014, 11:14 PM) nope no such law, kindly proceed. Ya proceed. Will learn the by law later as we proceed. |
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May 19 2014, 04:40 PM
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Junior Member
368 posts Joined: Jan 2010
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http://malaysiakini.propertyguru.com.my/re...sofo-sovo-/1196
SOHO Small-office-home office? How does that work? Well in most cases, young singles, newly- weds and budding professionals take up SoHos for the convenience of being able to incorporate their living area with their work space. These strata-titled properties on commercial land can function as both a home and a workplace. In fact, their modest sizes are the result of a convergence of economic and lifestyle considerations. SoHos don’t need large floor areas thanks to clever interior designing innovations that allow much to be made from small spaces. SOFO Much like its name, SoFos are small units that offer owners greater flexibility in terms of how they decide to use their space –be it for residential or commercial purposes or both. Every unit is void of internal partitions and therefore provide the owners or occupants the flexibility to customise or to fit-out their units as they please. Owners can opt to buy two units side-by-side and erect an internal connection. SOVO SoVos are small offices that come fully equipped with telecommunication and infrastructural facilities that allow for immediate business start-ups. SoVos are commercial properties and thus the developer interest- bearing scheme (DIBS) is available to buyers, where they only need to pay 10% of the price until completion of the project. Owners of these units must be prepared that to pay assessment, water, and electricity and telephone bills based on commercial rates, which are generally higher than residential rates. |
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May 19 2014, 08:58 PM
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Senior Member
1,266 posts Joined: Jul 2013
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Except soho, all sovo, sofo or solo are pure office. Office glut everywhere. Any one wish sg buluh office address??
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Jun 23 2014, 11:41 AM
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Junior Member
19 posts Joined: Aug 2013
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how many percent sold? who have latest news? and the price?
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Jun 23 2014, 11:50 AM
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944 posts Joined: Feb 2005
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QUOTE(weeyunn @ Jun 23 2014, 11:41 AM) how many percent sold? who have latest news? and the price? 95% sold, the cheapest available is 470k before discount... |
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Jun 23 2014, 12:51 PM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(calvin989898 @ Jun 23 2014, 11:50 AM) 95% sold, the cheapest available is 470k before discount... Despite every negative comments thrown at the location being ulu, SOVO cannot stay and overprice....and is 95% sold. This is certainly a very shocking sales stats to some people. It gives a picture of not many people is afraid of Sg Buloh and SOVO as an investment in property.How did SDB convinced these buyers to buy SOVO? Is it because of their reputation or these buyers have vision and foresight that leads them to an incredible investment in the end? Whatever...I wish them success! |
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Jun 23 2014, 10:42 PM
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Senior Member
1,266 posts Joined: Jul 2013
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Sovo cannot stay coz its office. Herd mentality : affordable, buy now regret later.
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Jun 23 2014, 11:16 PM
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Junior Member
7 posts Joined: Apr 2014
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SA told me this SOVO can be used as residential & commerical. Bought one unit coz they said once completed the rental is around RM4psf, mostly covered the installment amount. Cheapest unit is 462k, anyone interested can check with SA Tracy 0129798662
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Jun 24 2014, 12:10 AM
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All Stars
20,146 posts Joined: May 2011
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I rent out my newly opis near klcc only 4.50 leh...
Moat pj address only 2-2.50 nia. U trust the sa cow also can claim tree lah... Its truw that laws only said property under schedule h n approved by authority can use as residential. This sqwhere sovo is approved as comnercial opis. Malaysia boleh. |
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Jun 24 2014, 11:57 AM
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1,266 posts Joined: Jul 2013
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QUOTE(kimtan33 @ Jun 23 2014, 11:16 PM) SA told me this SOVO can be used as residential & commerical. Bought one unit coz they said once completed the rental is around RM4psf, mostly covered the installment amount. Cheapest unit is 462k, anyone interested can check with SA Tracy 0129798662 Only SOho can stay. Others whatever you try to name it, its purely office. Why not just name this SOHO instead of SOVO?This post has been edited by CloudAtla$: Sep 14 2014, 10:02 AM |
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Jun 24 2014, 12:10 PM
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Senior Member
2,262 posts Joined: Jul 2013
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QUOTE(CloudAtla$ @ Jun 24 2014, 11:57 AM) Only SOVO can stay. Others whatever you try to name it, its purely office. Why not just name this SOHO instead of SOVO? maybe selangor soho guideline, car park lot.http://www.jpbdselangor.gov.my/Laporan/Gar...ANDUAN_SOHO.pdf |
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Jul 16 2014, 02:19 PM
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Senior Member
664 posts Joined: Nov 2009
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Jul 16 2014, 03:14 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(BEANCOUNTER @ Jun 23 2014, 10:10 AM) I rent out my newly opis near klcc only 4.50 leh... 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.Moat pj address only 2-2.50 nia. U trust the sa cow also can claim tree lah... Its truw that laws only said property under schedule h n approved by authority can use as residential. This sqwhere sovo is approved as comnercial opis. Malaysia boleh. |
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Jul 16 2014, 05:35 PM
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1,266 posts Joined: Jul 2013
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QUOTE(Babizz @ Jul 16 2014, 03:14 PM) 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. Yes, its kl price office at no where place. No potential in near future to rent out and rental will be very low. Who going to set up an office here? |
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Jul 16 2014, 05:38 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(CloudAtla$ @ Jul 16 2014, 03:35 AM) Yes, its kl price office at no where place. No potential in near future to rent out and rental will be very low. Who going to set up an office here? Most small boutique established firms prefer the heart of KL. New set-up's can't afford Sq(nowhere) rentals.. duno what's their strategy |
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Jul 16 2014, 05:54 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(CloudAtla$ @ Jul 16 2014, 05:35 PM) Yes, its kl price office at no where place. No potential in near future to rent out and rental will be very low. Who going to set up an office here? Heard of the MX-1 Kwasa Damansara project, recently awarded to MRCB? The one where our money, i.e. EPF has invested like a whole lot in?Yeap, it's just VERY nearby. This post has been edited by urb7: Jul 16 2014, 09:53 PM |
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Sep 14 2014, 09:49 AM
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Senior Member
664 posts Joined: Nov 2009
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Only 9 units remain unsold, SOVO show unit demolished to make way for Service Apartments show unit, scheduled for launch early next year.
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Sep 14 2014, 10:04 AM
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1,266 posts Joined: Jul 2013
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QUOTE(urb7 @ Sep 14 2014, 09:49 AM) Only 9 units remain unsold, SOVO show unit demolished to make way for Service Apartments show unit, scheduled for launch early next year. Sovo cannot use as residential. Bad point. |
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Sep 14 2014, 11:32 AM
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Senior Member
1,228 posts Joined: Nov 2013
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QUOTE(CloudAtla$ @ Sep 14 2014, 10:04 AM) Sovo cannot use as residential. Bad point. It looks like there are quite a number of people are not bother abt whether SOVO can be used as residential or not...is almost sold out! Further is leasehold and some people claimed the place is ulu, and price shocking above rm700psf....but people still buy...could it be because is SDB product or something else? |
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Oct 29 2014, 01:16 PM
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Junior Member
248 posts Joined: Jun 2014
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QUOTE(urb7 @ Jul 16 2014, 05:54 PM) Heard of the MX-1 Kwasa Damansara project, recently awarded to MRCB? The one where our money, i.e. EPF has invested like a whole lot in? question to ponderYeap, it's just VERY nearby. i suppose the main (if not only) selling point of this (and dsara sentral) is riding on the success of kwasa but kwasa has 2 of its own mrt station im sure future commercial/office and more high rise will be built around these 2 kwasa mrt stations when that happens, the appeal of sqwhere and dsrasental would be jeopardized tremendously no? im trynna justify the high price tag of sqwhere help anyone? This post has been edited by murrayballs: Oct 29 2014, 01:18 PM |
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Oct 30 2014, 08:34 AM
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944 posts Joined: Feb 2005
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QUOTE(murrayballs @ Oct 29 2014, 01:16 PM) question to ponder Few things to look at it :i suppose the main (if not only) selling point of this (and dsara sentral) is riding on the success of kwasa but kwasa has 2 of its own mrt station im sure future commercial/office and more high rise will be built around these 2 kwasa mrt stations when that happens, the appeal of sqwhere and dsrasental would be jeopardized tremendously no? im trynna justify the high price tag of sqwhere help anyone? 1) SDB bought the land price for around rm200 psf. While mrcb bought kwasa land average at rm800 psf. Do u think mrcb kind enough to sell any future launch at cheaper than sqwhere price ? 2) For sqwhere and dsara, the location of mrt is confirm. And the site of this 2 development is also confirm just directly opposite of the mrt station with cover link bridge. As for mrcb future launch we never know whether there will be such development with just opposite of mrt station and comes with link bridge or direct integrated. Mrcb might reverse that part for super development such as shopping mall, A class office, theme park.... 3) From the past record how do u rate development carry out by SDB as compare to mrcb?? Which one are more premium in terms of their development? 4) Accessibility for sqwhere is better if you wanted to access nkve or North South highway. 5) MRT 2 is speculated start from sg Buloh as well which is just 1 station away from this sqwhere mrt 1 station. Although it is not direct line for mrt2, but it is just merely 1 station away... |
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Oct 30 2014, 10:07 AM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(calvin989898 @ Oct 29 2014, 06:34 PM) Few things to look at it : i think SDB quality more premium than MRCB but I see better appreciation in KL Sentral props.. It's not about the developer but about the planning n concept.. SDB's project will need to survive on people who can't afford kwasa's rental.. if the rate is close, then byebye sqnowhere... 1) SDB bought the land price for around rm200 psf. While mrcb bought kwasa land average at rm800 psf. Do u think mrcb kind enough to sell any future launch at cheaper than sqwhere price ? 2) For sqwhere and dsara, the location of mrt is confirm. And the site of this 2 development is also confirm just directly opposite of the mrt station with cover link bridge. As for mrcb future launch we never know whether there will be such development with just opposite of mrt station and comes with link bridge or direct integrated. Mrcb might reverse that part for super development such as shopping mall, A class office, theme park.... 3) From the past record how do u rate development carry out by SDB as compare to mrcb?? Which one are more premium in terms of their development? 4) Accessibility for sqwhere is better if you wanted to access nkve or North South highway. 5) MRT 2 is speculated start from sg Buloh as well which is just 1 station away from this sqwhere mrt 1 station. Although it is not direct line for mrt2, but it is just merely 1 station away... Sqwhere is like brickfields and Kwasa is like KL sentral.. |
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Oct 30 2014, 10:37 AM
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Senior Member
4,526 posts Joined: Mar 2006
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Agreed with you
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Nov 6 2014, 01:05 PM
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Junior Member
368 posts Joined: Jan 2010
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Update from SDB..Sqwhere Phase 1(SOVO) - 100% sold out. Phase 2(Service Apartment) launching early next year.
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Nov 6 2014, 01:41 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(ceveori @ Nov 5 2014, 11:09 PM) Shall b opposite 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! Sqw got mrt, kwasa no 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 |
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Nov 6 2014, 01:46 PM
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All Stars
12,528 posts Joined: Feb 2013
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in my experience, small companies with only 3-5 workers don't need MRT to work, they can rent elsewhere and give free parking to their staff.. Big companies need MRT connectivity as they have thousands of workers including low/mid end workers with insufficient carpark..
WHY would someone rent an office overlooking a bunch of factories for the same price he could get in places like PJ? few of my businessman friends from Sg Buloh have laughed off this NoWhere project.. they also wanna see who rents here when it VPs! |
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Nov 6 2014, 01:52 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(BEANCOUNTER @ Jun 23 2014, 10:10 AM) I rent out my newly opis near klcc only 4.50 leh... Why ur KLCC opis so low rental ah? Who u think wanna rent here in d industrial estate for even RM3.50 psf? Everytime u expand mus shift unit..Moat pj address only 2-2.50 nia. U trust the sa cow also can claim tree lah... Its truw that laws only said property under schedule h n approved by authority can use as residential. This sqwhere sovo is approved as comnercial opis. Malaysia boleh. I know many small foreign companies are always looking for PREMIUM ADDRESS and SqWhere would sound like a joke. |
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Nov 6 2014, 02:39 PM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(Babizz @ Nov 6 2014, 01:52 PM) Why ur KLCC opis so low rental ah? Who u think wanna rent here in d industrial estate for even RM3.50 psf? Everytime u expand mus shift unit.. 4-5rm per sq is standard rate for buildings not termed as grade A+ offices like KLCC.I know many small foreign companies are always looking for PREMIUM ADDRESS and SqWhere would sound like a joke. Was told that some older opis even rented lower than 4rm. |
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Nov 6 2014, 02:42 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(BEANCOUNTER @ Nov 6 2014, 12:39 AM) 4-5rm per sq is standard rate for buildings not termed as grade A+ offices like KLCC. oh yeah.. I think old opis mus reduce the rates with new opis oversupply in KV.. do u know the occupancy of Menara Felda/Naza.. those 2 towers are beautiful.Was told that some older opis even rented lower than 4rm. |
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Nov 6 2014, 02:46 PM
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All Stars
20,146 posts Joined: May 2011
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menara binjai was told rented higher than Rm5 psf.
menara felda/naza is owned by single owner...hence can dictate prices and attract bigger players to enfloor...totally different market than mine....which is sold individually. |
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Nov 6 2014, 05:05 PM
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Junior Member
248 posts Joined: Jun 2014
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earlier post mentioned SDB said they wont prohibit ownstay purpose
if so, then ok what able to purchase & live in SDB quality (others projects lagi mahal) and location is within KD enclave with added MRT accessibility |
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Nov 8 2014, 05:17 PM
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All Stars
10,777 posts Joined: Sep 2009
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Grade A++ Integra Tower going for about RM12psf.
KLCC area got a wide range from RM4-12psf. KL Sentral is around RM5-6psf. |
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Nov 20 2014, 01:45 PM
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Senior Member
944 posts Joined: Feb 2005
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Factory Gallery
Industrial estate gallery A gallery in an industrial district in Kuala Lumpur. Inspired by the adjacent industrial estate - which includes informal furniture factories, lush greenery, and surprising public spaces - the gallery is designed as a series of separate volumes within a semi-permeable enclosure. The exhibition spaces are accommodated in a series of separate steel-framed sheds with a highly glazed ground level. A wall of hollow concrete industrial ‘vent blocks’ and a covered walkway links the sheds together and creates a sheltered garden at the centre. A hand-woven rope pavilion in the garden creates a space sheltered from the sun, enabling people to meet and enjoy the garden. http://carverhaggard.com/kd-gallery/ Attached thumbnail(s) 
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Nov 20 2014, 01:58 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(accetera @ Nov 8 2014, 03:17 AM) Grade A++ Integra Tower going for about RM12psf. Boss accetera, heard Integra's average rental is less than 10? most recent mega tenant with naming rights got a good deal i heard.. Integra is a green tower though.. KLCC area got a wide range from RM4-12psf. KL Sentral is around RM5-6psf. KL sentral 5-7psf but new towers like NuTowers are struggling.. |
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Jan 27 2015, 05:18 PM
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Junior Member
368 posts Joined: Jan 2010
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Update from SDB
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Feb 26 2015, 10:45 PM
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Senior Member
664 posts Joined: Nov 2009
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97% sold? Not 100% ?
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Feb 26 2015, 10:56 PM
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944 posts Joined: Feb 2005
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QUOTE(urb7 @ Feb 26 2015, 10:45 PM) 97% sold? Not 100% ? There are some unsold units hold by agent. SDB units all sold out already. That is why 97%. I heard The Hub even worst. Agent took about 100 units , they only manage to sell 20-30% only. |
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Feb 26 2015, 11:52 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(calvin989898 @ Feb 26 2015, 08:56 AM) There are some unsold units hold by agent. SDB units all sold out already. That is why 97%. I heard The Hub even worst. Agent took about 100 units , they only manage to sell 20-30% only. So the agent wont return back to developer if they cant sell ah? Hub memang too pricey for the area. Some more collapse now... whts the latest construction progress fr sqwhere |
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Feb 26 2015, 11:55 PM
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Senior Member
664 posts Joined: Nov 2009
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The Hub is really nice though, can't wait to see it completed.
SqWhere will only begin construction mid 2015. |
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Mar 7 2015, 06:38 PM
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Senior Member
762 posts Joined: Sep 2014
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[quote=urb7,Feb 26 2015, 11:55 PM]
The Hub is really nice though, can't wait to see it completed. when will SqWhere residence launching date? |
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Mar 7 2015, 11:14 PM
Show posts by this member only | IPv6 | Post
#331
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Senior Member
664 posts Joined: Nov 2009
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June 2015
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Mar 8 2015, 12:41 AM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(urb7 @ Mar 7 2015, 09:14 AM) June 2015 any indicative pricing? |
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Mar 9 2015, 12:26 AM
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Senior Member
617 posts Joined: Sep 2010
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From 900psf
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Mar 10 2015, 01:38 AM
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Senior Member
762 posts Joined: Sep 2014
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QUOTE(Darkknight2010 @ Mar 9 2015, 12:26 AM) From 900psf Crazy price for that location! |
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May 4 2015, 01:20 PM
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Junior Member
144 posts Joined: Apr 2010
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Any idea will sqwhere be having a show unit? Especially the 549sqft units
This post has been edited by snakydan: May 4 2015, 01:22 PM |
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May 4 2015, 08:14 PM
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Senior Member
2,663 posts Joined: Feb 2013
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No more sovo units? Lambat. Aiya.
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May 9 2015, 11:01 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(Darkknight2010 @ Mar 8 2015, 10:26 AM) From 900psf Calvin refer here.. |
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May 9 2015, 11:06 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(Babizz @ May 9 2015, 11:01 PM) Calvin refer here.. Nope, it's not 900psf. The price is 405k for 549sft. It's less than 750psf. |
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May 9 2015, 11:07 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(calvin989898 @ May 9 2015, 09:06 AM) Nope, it's not 900psf. The price is 405k for 549sft. It's less than 750psf. U comparing sofo ah.. i tot sold out? or still selling by those agents? Always remember, expats cant rent sovo n claim fr tax purposes cos its not sch H.This post has been edited by Babizz: May 9 2015, 11:08 PM |
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May 9 2015, 11:13 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(Babizz @ May 9 2015, 11:07 PM) U comparing sofo ah.. i tot sold out? or still selling by those agents? As I know agent still have units. First of all, where you got info expat cannot rent soXo? Secondly, not necessary this kind of of investment only meant for expat. Always remember, expats cant rent sovo n claim fr tax purposes cos its not sch H. |
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May 9 2015, 11:28 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(calvin989898 @ May 9 2015, 09:13 AM) As I know agent still have units. First of all, where you got info expat cannot rent soXo? Secondly, not necessary this kind of of investment only meant for expat. 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 |
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May 9 2015, 11:32 PM
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All Stars
13,761 posts Joined: Jun 2011
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QUOTE(Babizz @ May 9 2015, 11:28 PM) 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?? Boss the encorp strand ofis??? The one garden ofis ar??? 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 If it's the garden ofis I remember it needs bout 4psf to cover loan with mof 85 tenure 25yrs n maintenance + sinking If not mistaken. Dun forget quite rent assessment n mandatory mthly water charge under commi rate. I was offer a corner unit lvl 3 long ago just next to elevator. Nice loc for the unit but back then I dun blif such concept 'll succeed there. Btw is there another encorp strand ofis there??? This post has been edited by ManutdGiggs: May 9 2015, 11:33 PM |
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May 9 2015, 11:34 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(Babizz @ May 9 2015, 11:28 PM) 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?? Izzit wise to compare now ? VP date only in 2019, you have crystal ball to predict what's going to happen then. Well, I work in MNC O&G too. I can see many still have no issue renting soxo. So what is the truth ?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 |
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May 9 2015, 11:35 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(ManutdGiggs @ May 9 2015, 09:32 AM) Boss the encorp strand ofis??? The one garden ofis ar??? Yes garden opis.. 4gt to add in the garden unit.. recently passby the area n the whole encorp area not doing well ah.. too many commie in the area.. If it's the garden ofis I remember it needs bout 4psf to cover loan with mof 85 tenure 25yrs If not mistaken. I was offer a corner unit lvl 3 long ago just next to elevator. Nice loc for the unit but back then I dun blif such concept 'll succeed there. Btw is there another encorp strand ofis there??? location mmg deep in.. wht u think of sqwheres viability for soxo products?? |
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May 9 2015, 11:36 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(calvin989898 @ May 9 2015, 09:34 AM) Izzit wise to compare now ? VP date only in 2019, you have crystal ball to predict what's going to happen then. Well, I work in MNC O&G too. I can see many still have no issue renting soxo. So what is the truth ? Lets see 4 yrs time how the office market play out la.. n see summer suites in the short term.. |
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May 24 2015, 05:06 PM
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Senior Member
1,962 posts Joined: Nov 2011
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When is launch date for service apartment?
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May 24 2015, 05:58 PM
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All Stars
12,528 posts Joined: Feb 2013
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any1 has the pics of the construction progress?
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Jun 24 2015, 09:48 PM
Show posts by this member only | IPv6 | Post
#348
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Junior Member
103 posts Joined: Aug 2009 From: KL
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Insider news, SOVO units left around 10-15 units just released by SDB. And new office ranging from 2k sqft launching in August for SqWhere
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Jun 24 2015, 10:06 PM
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Senior Member
617 posts Joined: Sep 2010
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When are they going to launch the service apartment?
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Jun 24 2015, 10:20 PM
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Junior Member
40 posts Joined: Apr 2006
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Do remember that you would need to pay GST for the SOVO
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Jun 25 2015, 01:12 AM
Show posts by this member only | IPv6 | Post
#351
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Junior Member
103 posts Joined: Aug 2009 From: KL
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for the service apartment im not too sure though.
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Jun 25 2015, 10:38 PM
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Senior Member
2,663 posts Joined: Feb 2013
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No news on new block?
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Jun 29 2015, 06:12 PM
Show posts by this member only | IPv6 | Post
#353
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Junior Member
103 posts Joined: Aug 2009 From: KL
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QUOTE(propertybbb @ Jun 25 2015, 10:38 PM) No news on new block? Should be next year. upcoming launch for SqWhere is 29 office units around 2k sqft. Estimated around August |
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Jun 29 2015, 06:34 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(fornax @ Jun 29 2015, 06:12 PM) Should be next year. upcoming launch for SqWhere is 29 office units around 2k sqft. Estimated around August Sqwhere only have 2 blocks, the one sold out is the office block, sovo. Another block is purely service apartment which going to launch in August it seems. Sizes are bigger than 1000 sqft for sure. |
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Jul 1 2015, 11:44 PM
Show posts by this member only | IPv6 | Post
#355
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All Stars
10,777 posts Joined: Sep 2009
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Clap means wat??
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Jul 28 2015, 03:42 PM
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Junior Member
27 posts Joined: Jul 2015
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Agreed with most of the negative features mentioned but
I dont think the project will be abandoned; It will take many years for this area to achieve reasonable returns but the chances are fair given the transport infrac, covered carparks, amendities, etc; Notice even SME are unwilling to locate offices at shoplots these days. If SoVo owners lower expectations and compete for such tenants, there is a good chance. Plus MS project next door with total of 6 blocks, a hive of biz activities can be created. But the gestation will be long....... |
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Aug 3 2015, 03:10 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(calvin989898 @ Jun 29 2015, 06:34 PM) Sqwhere only have 2 blocks, the one sold out is the office block, sovo. Another block is purely service apartment which going to launch in August it seems. Sizes are bigger than 1000 sqft for sure. Looks like there's a change in masterplan?? They added an office block in front! |
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Aug 3 2015, 03:42 PM
Show posts by this member only | IPv6 | Post
#358
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(urb7 @ Aug 3 2015, 01:10 AM) Looks like there's a change in masterplan?? not sure wthr sovo buyers shld be happy but service apartment (future) buyers would be.. Still think svc apartments are more suitable rather than offices They added an office block in front! |
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Aug 3 2015, 04:58 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(urb7 @ Aug 3 2015, 03:10 PM) Looks like there's a change in masterplan?? They make the cube taller and sell as office suites range from 2000 sft. It is bigger office compare to sovo block. But the lower floor I guess it is still cater for F&B They added an office block in front! |
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Aug 3 2015, 04:59 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(Babizz @ Aug 3 2015, 03:42 PM) not sure wthr sovo buyers shld be happy but service apartment (future) buyers would be.. Still think svc apartments are more suitable rather than offices Why should the future SA buyer happy but sovo buyer should be depressed? |
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Aug 3 2015, 04:59 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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---
double post This post has been edited by kochin: Aug 3 2015, 05:00 PM |
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Aug 3 2015, 05:00 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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lines are getting blurrer between soxo and residential.
something gonna give one way or other. be it good or bad. i wonder, do research team classify soxo as office space or what in their research report. lol. |
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Aug 3 2015, 05:11 PM
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Senior Member
6,249 posts Joined: Jul 2006
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what is SOXO?
btw isn't this development actually nearer to sg. buloh kampung area than KD? |
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Aug 3 2015, 05:41 PM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(kochin @ Aug 3 2015, 05:00 PM) lines are getting blurrer between soxo and residential. It's always been a grey area even for so call purely residential. Strictly speaking, if it's residential, by right it's only for residential activities. Still people are use that to reply emails, work from home, calling clients from home, faxing from home. By right all this activities is prohibited in purely residential since it is clearly a business or commercial activities where taxes and utilities fees should be higher. Have u ever seen official raid into house due to this reasons?something gonna give one way or other. be it good or bad. i wonder, do research team classify soxo as office space or what in their research report. lol. Same case for soxo, it's going to be flexible use where no one can stop you putting a beds in your working place. Just the same as no one will stop you putting a fax machines at home. Even some owners now are using third condo, house whatever purely residential title for airbnb. Does it legal? Strictly its not , cause you are delivering income from renting out as short term. Just like hotel, hostel which are operating as commercial. In fact this are violating the laws more than an office mix use as residential. Don't forget, soxo owners are paying commercial rates which is higher for taxes and utilities. So what's the fuss and issues if owners want to use it for mix use? Those pure residential that use to do commercially activities is the one that violating the laws. This post has been edited by calvin989898: Aug 3 2015, 05:56 PM |
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Aug 4 2015, 08:25 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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QUOTE(calvin989898 @ Aug 3 2015, 05:41 PM) It's always been a grey area even for so call purely residential. Strictly speaking, if it's residential, by right it's only for residential activities. Still people are use that to reply emails, work from home, calling clients from home, faxing from home. By right all this activities is prohibited in purely residential since it is clearly a business or commercial activities where taxes and utilities fees should be higher. Have u ever seen official raid into house due to this reasons? Same case for soxo, it's going to be flexible use where no one can stop you putting a beds in your working place. Just the same as no one will stop you putting a fax machines at home. Even some owners now are using third condo, house whatever purely residential title for airbnb. Does it legal? Strictly its not , cause you are delivering income from renting out as short term. Just like hotel, hostel which are operating as commercial. In fact this are violating the laws more than an office mix use as residential. Don't forget, soxo owners are paying commercial rates which is higher for taxes and utilities. So what's the fuss and issues if owners want to use it for mix use? Those pure residential that use to do commercially activities is the one that violating the laws. you should work in our ministry of finance. |
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Aug 4 2015, 09:00 AM
Show posts by this member only | IPv6 | Post
#366
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All Stars
12,528 posts Joined: Feb 2013
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Double post
This post has been edited by Babizz: Aug 4 2015, 09:04 AM |
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Aug 4 2015, 09:00 AM
Show posts by this member only | IPv6 | Post
#367
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(calvin989898 @ Aug 3 2015, 03:41 AM) It's always been a grey area even for so call purely residential. Strictly speaking, if it's residential, by right it's only for residential activities. Still people are use that to reply emails, work from home, calling clients from home, faxing from home. By right all this activities is prohibited in purely residential since it is clearly a business or commercial activities where taxes and utilities fees should be higher. Have u ever seen official raid into house due to this reasons? this is the funniest reply i've seen about protecting soxo's.. Same case for soxo, it's going to be flexible use where no one can stop you putting a beds in your working place. Just the same as no one will stop you putting a fax machines at home. Even some owners now are using third condo, house whatever purely residential title for airbnb. Does it legal? Strictly its not , cause you are delivering income from renting out as short term. Just like hotel, hostel which are operating as commercial. In fact this are violating the laws more than an office mix use as residential. Don't forget, soxo owners are paying commercial rates which is higher for taxes and utilities. So what's the fuss and issues if owners want to use it for mix use? Those pure residential that use to do commercially activities is the one that violating the laws.  i rest my case and will stop replying my work emails from home I will also burn my fax machineThis post has been edited by Babizz: Aug 4 2015, 09:04 AM |
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Aug 4 2015, 09:07 AM
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Senior Member
944 posts Joined: Feb 2005
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QUOTE(Babizz @ Aug 4 2015, 09:00 AM) this is the funniest reply i've seen about protecting soxo's.. Yes, you should actually before authorities catch you doing "business" or commercial activities in your purely residential units. Clearly you are evading tax by using residential rates for mix use that have commercial elements. i rest my case and will stop replying my work emails from home I will also burn my fax machine |
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Aug 5 2015, 06:45 PM
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All Stars
10,777 posts Joined: Sep 2009
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Semua pun boleh.
This is ... |
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Aug 5 2015, 06:47 PM
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Senior Member
2,841 posts Joined: Sep 2010
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Here anything can happen la...
Donation also can come out.. This consider small issue lo... |
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Aug 5 2015, 09:06 PM
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Senior Member
4,525 posts Joined: Feb 2006
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QUOTE(calvin989898 @ Aug 3 2015, 05:41 PM) It's always been a grey area even for so call purely residential. Strictly speaking, if it's residential, by right it's only for residential activities. Still people are use that to reply emails, work from home, calling clients from home, faxing from home. By right all this activities is prohibited in purely residential since it is clearly a business or commercial activities where taxes and utilities fees should be higher. Have u ever seen official raid into house due to this reasons? HAHAHAHAHAHAHHAAHA 😂😂😂Same case for soxo, it's going to be flexible use where no one can stop you putting a beds in your working place. Just the same as no one will stop you putting a fax machines at home. Even some owners now are using third condo, house whatever purely residential title for airbnb. Does it legal? Strictly its not , cause you are delivering income from renting out as short term. Just like hotel, hostel which are operating as commercial. In fact this are violating the laws more than an office mix use as residential. Don't forget, soxo owners are paying commercial rates which is higher for taxes and utilities. So what's the fuss and issues if owners want to use it for mix use? Those pure residential that use to do commercially activities is the one that violating the laws. Am I the only one who felt that ah jib 2.6bil donation is not so ridiculous after all This post has been edited by mthc: Aug 5 2015, 09:07 PM |
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Aug 8 2015, 09:02 PM
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Junior Member
103 posts Joined: Aug 2009 From: KL
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Anyone is going for the cube sales preview tomorow in sqwhere sales gallery?
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Aug 9 2015, 10:14 PM
Show posts by this member only | IPv6 | Post
#373
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(fornax @ Aug 8 2015, 09:02 PM) Anyone is going for the cube sales preview tomorow in sqwhere sales gallery? Commercial how much? |
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Aug 10 2015, 04:51 PM
Show posts by this member only | IPv6 | Post
#374
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Junior Member
103 posts Joined: Aug 2009 From: KL
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went yesterday it was around 1.3m
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Nov 6 2015, 12:15 AM
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Junior Member
32 posts Joined: Aug 2014
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Hi all, I have the final relase units of SOVOs type for this SqWhere @ Sg Buloh with special package
anyobe may sms/whatsapp me at +6011-1152 8835 ☺️ |
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Nov 6 2015, 12:28 AM
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Junior Member
32 posts Joined: Aug 2014
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bit.ly/SQwhere
Directly linked to MRT Station 🚄🚄🚆🚆🏢🏢🏢🚈🚈 ~ LIMITED units from approx 500sf to 1000sf 🈵 ~ Attractive discount will be given for this 📈 ~ 3min walking distance to MRT Station with covered link-bridge🚝🚝🚝 ~ 5min driving distance to Sierramas International School, 10min driving distance to Kota Damansara 🚗 ~ Free SPA legal and Loan Legal📝 ~ Partially Furnished * Located at the intersection of Jalan Sungai Buloh (Northbound) and Jalan Welfare, Kampung Baru Sungai Buloh nearby KWASA land, Sungai Buloh development. * Mixed development containing retail offices, SOVOs and service apartments. * Exclusive low density with 10 units every floor. * Link bridge to new MRT station. * Size from 549sf to 1044sf Facilities/ Features: 1) Drop-off Point/ Lobby 2) Pedestrian Bridge to MRT 3) Gymnasium 4) Hydrotherapy Pool 5) Lap Pool 6) Reflective Pool 7) Children's Pool 8) Children's Play Area 9) Children's Wet Play area 10) Yoga Deck 11) Open Lawn 12) Function Room 13) Meeting Room Convenient Living for Executive and Family !!! SHOW UNIT IS AVAILABLE FOR VIEWING! bit.ly/SQwhere Sms/whatsapp : +6011-1152 8835 Attached image(s)  |
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Nov 20 2015, 03:49 PM
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Senior Member
664 posts Joined: Nov 2009
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Nov 21 2015, 12:31 AM
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Senior Member
2,663 posts Joined: Feb 2013
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Phase 2 opened?
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Nov 26 2015, 12:27 PM
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Junior Member
32 posts Joined: Aug 2014
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Not yet... Soon (as heard)
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Mar 24 2016, 10:07 PM
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Junior Member
181 posts Joined: Jul 2013
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QUOTE(KL PROPERTY INVESTMENT @ Mar 24 2016, 09:49 PM) Evening LYN Forumers, Interesting and Strategic location. Will whatapps you soon.For those who looking for alternative to SqWhere, please click on my signature below. Direct and faster response, please whatapps or calls. Thank you and have a pleasant evening. |
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May 3 2016, 12:08 AM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(urb7 @ Nov 20 2015, 03:49 PM) |
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May 9 2016, 09:58 PM
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Senior Member
664 posts Joined: Nov 2009
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Land clearing continues - photos from Jan 2016.
Attached thumbnail(s) 
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May 9 2016, 10:14 PM
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Senior Member
797 posts Joined: Oct 2015
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How much is this project selling at?
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May 9 2016, 10:23 PM
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Senior Member
3,834 posts Joined: May 2008
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This project has been soft launch for like... 2years++
Still ground clearing? |
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May 10 2016, 10:40 AM
Show posts by this member only | IPv6 | Post
#385
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Senior Member
1,020 posts Joined: Aug 2015
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QUOTE(gks @ May 9 2016, 10:23 PM) This project has been soft launch for like... 2years++ hearsay response no good...Still ground clearing? |
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May 10 2016, 12:47 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(ChuiChuiShui @ May 10 2016, 10:40 AM) hearsay response no good... And the buyers are not concerned?The progress seems to be worse than EkoCheras. it has been 30months since the soft launch in Nov.2013 This post has been edited by gks: May 10 2016, 12:59 PM |
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May 10 2016, 01:01 PM
Show posts by this member only | IPv6 | Post
#387
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Senior Member
1,020 posts Joined: Aug 2015
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QUOTE(gks @ May 10 2016, 12:47 PM) And the buyers are not concerned? Boss, sdb alot diehard fans 1 ma, also their track record also good, cnt compare with ekovest gua. The progress seems to be worse than EkoCheras. or maybe all buyers aim for LAD?  |
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May 10 2016, 01:10 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(ChuiChuiShui @ May 10 2016, 01:01 PM) Boss, sdb alot diehard fans 1 ma, also their track record also good, cnt compare with ekovest gua. before target LAD... better target completion first... or maybe all buyers aim for LAD? Anyway, buyers in forum seems not worry at all. |
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May 14 2016, 09:37 PM
Show posts by this member only | IPv6 | Post
#389
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Senior Member
664 posts Joined: Nov 2009
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Development approval was only given in Jan 2015, contractually the VP date will be 54 months from this date, therefore VP will be in mid 2019.
Progress update as of March 2016, piling in progress. 
This post has been edited by urb7: May 14 2016, 09:47 PM |
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May 14 2016, 11:09 PM
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All Stars
12,528 posts Joined: Feb 2013
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WOW 54 months progress.. is it a DIBS project? or not die paying interest..4.5 yrs can build 80 storey tower la..
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May 15 2016, 01:05 AM
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Senior Member
3,834 posts Joined: May 2008
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Not sure piling is already completed or not but another 3 years to go.. Hopefully SDB comes good..
Which means for those early birdies who bought during the soft launch they need to wait for almost 6years to get key for their property. |
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May 15 2016, 09:51 AM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(gks @ May 15 2016, 01:05 AM) Not sure piling is already completed or not but another 3 years to go.. Hopefully SDB comes good.. we dunno when buyers actually signed SPA.......Which means for those early birdies who bought during the soft launch they need to wait for almost 6years to get key for their property. |
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Jul 1 2016, 05:55 PM
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Junior Member
243 posts Joined: Sep 2008
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Any soho/sovo/sofo unit still for sale from developer? Mind to share info, thanks.
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Jul 1 2016, 07:20 PM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(jumalij23 @ Jul 1 2016, 05:55 PM) Any soho/sovo/sofo unit still for sale from developer? Mind to share info, thanks. I suggest you to call them directly |
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Aug 4 2016, 10:08 AM
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Junior Member
144 posts Joined: Apr 2010
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Morning, any early bird buyer here for SQWHERE first phase SOVO unit receive their PCR payment yet?
Hmm, been talking to their sales people, every month say preparing and will send out end of the month, but nothing also ....  |
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Aug 4 2016, 10:37 AM
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Junior Member
269 posts Joined: Jun 2013
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Very slow this project!!
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Aug 6 2016, 05:49 PM
Show posts by this member only | IPv6 | Post
#397
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(snakydan @ Aug 4 2016, 10:08 AM) Morning, any early bird buyer here for SQWHERE first phase SOVO unit receive their PCR payment yet? Based on my understanding sdb do work professionalHmm, been talking to their sales people, every month say preparing and will send out end of the month, but nothing also .... |
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Aug 8 2016, 12:06 PM
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Senior Member
664 posts Joined: Nov 2009
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Service apartment launching, most likely end of 2016
Attached thumbnail(s) 
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Aug 8 2016, 01:05 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(urb7 @ Aug 8 2016, 12:06 PM) Service apartment launching, most likely end of 2016 Hi urb7, any indicative price and sizes? |
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Aug 8 2016, 01:28 PM
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Senior Member
617 posts Joined: Sep 2010
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Around 900psf according to SDB's SA.
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Aug 8 2016, 01:58 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(Darkknight2010 @ Aug 8 2016, 01:28 PM) Around 900psf according to SDB's SA. would be interesting to see the response from buyers at current market climate. |
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Aug 8 2016, 10:38 PM
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All Stars
12,528 posts Joined: Feb 2013
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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... 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. |
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Aug 9 2016, 12:11 AM
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Senior Member
555 posts Joined: Oct 2009
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The roads are terrible though, hopefully traffic clears up too once the MRT completes
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Aug 9 2016, 12:43 AM
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Junior Member
144 posts Joined: Apr 2010
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QUOTE(JamesPond @ Aug 6 2016, 05:49 PM) Based on my understanding sdb do work professional I've actually check on my S&P, it stated end of July for first payment. Still nothing. Even SDB sales person email as black and white stating by end July earlier last month when I enquire. But now August already, all went missing, hoping for the best |
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Aug 9 2016, 01:09 AM
Show posts by this member only | IPv6 | Post
#405
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(snakydan @ Aug 9 2016, 12:43 AM) I've actually check on my S&P, it stated end of July for first payment. Still nothing. Even SDB sales person email as black and white stating by end July earlier last month when I enquire. But now August already, all went missing, hoping for the best why are you worry they are not collecting your first payment? |
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Aug 9 2016, 10:13 AM
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Junior Member
144 posts Joined: Apr 2010
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QUOTE(JamesPond @ Aug 9 2016, 01:09 AM) why are you worry they are not collecting your first payment? Hi, PCR referring to that they are suppose to reimburse the amount of bank interest I'm paying monthly starting from the second stage of loan disbursement, something like DIBS kind of gimmick. Kind of marketing gimmick only applicable for SQWHERE early bird purchases when it just soft launch. |
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Aug 9 2016, 10:35 AM
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(snakydan @ Aug 9 2016, 10:13 AM) Hi, PCR referring to that they are suppose to reimburse the amount of bank interest I'm paying monthly starting from the second stage of loan disbursement, something like DIBS kind of gimmick. Kind of marketing gimmick only applicable for SQWHERE early bird purchases when it just soft launch. what is PCR?If SDB dont request disbursement. It is their problem while you enjoy saving of interest? I wonder why are you so keen about asking them to disburse money out of your pocket? |
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Aug 9 2016, 12:06 PM
Show posts by this member only | IPv6 | Post
#408
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(Babizz @ Aug 8 2016, 10:38 PM) 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. Firstly this project's sovo block has been delayed in terms of construction. The whole area now is full of construction. 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. 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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Aug 9 2016, 12:19 PM
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Senior Member
4,526 posts Joined: Mar 2006
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Who invest in TG here?
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Aug 9 2016, 12:37 PM
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Junior Member
144 posts Joined: Apr 2010
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QUOTE(JamesPond @ Aug 9 2016, 10:35 AM) what is PCR? PCR is progressive cash reward, as mentioned : same gimmick as DIBS.If SDB dont request disbursement. It is their problem while you enjoy saving of interest? I wonder why are you so keen about asking them to disburse money out of your pocket? Is for SDB to pay back my bank interest starting from the second stage of loan disbursement to developer onwards and not taking out money from my pocket. No one is gonna be keen asking money out from their pocket. ** Anyways, updates - got a PM from a kind soul sharing his experience, with the PIC for SQWHERE project and phone number. And yes, PCR is ready, you can either ask SDB to bank in the cheque for you or head over to SDB HQ to collect it if they didn't email you. ' My case explained by them is my email wasn't updated, hence can't contact me but nvm la, I'm happy as it is. Thank you SDB |
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Aug 9 2016, 09:53 PM
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All Stars
12,528 posts Joined: Feb 2013
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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. 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. 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). 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  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 |
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Aug 9 2016, 10:25 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(accetera @ Aug 9 2016, 12:06 PM) Firstly this project's sovo block has been delayed in terms of construction. The whole area now is full of construction. But who cares about spa/gross price?? if rebates are just gimmicks why do people rush for them? just remove or reduce them straight away asap to increase profit coz good projects no need gimmicks kan? (and im sure tg staff will be removing the stickers just as fast.) anyway it would be so funny in the future if bank valuation especially non panel banks do not meet spa price because of the really high "gimmicky" rebates.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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Aug 9 2016, 10:38 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(HarpArtist @ Aug 9 2016, 10:25 PM) But who cares about spa/gross price?? if rebates are just gimmicks why do people rush for them? just remove or reduce them straight away asap to increase profit coz good projects no need gimmicks kan? (and im sure tg staff will be removing the stickers just as fast.) anyway it would be so funny in the future if bank valuation especially non panel banks do not meet spa price because of the really high "gimmicky" rebates. High rebates is needed to lower the downpayment entry and to create a psychological effect that the product is "Tai Mai" (worth it).As far as bank side submission of Min-Max pricing, developers are often adviced to submit the best max price so that in future, they can still sell remaining units after few years at higher prices. Normally, developer's pricing will not have much obstacle and cleared by panel banks before banks are confirmed in their end financing job. Naturally, I would advice buyers to think twice when buying products with abnormal rebates level, example >20%. |
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Aug 9 2016, 10:42 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(accetera @ Aug 9 2016, 10:38 PM) High rebates is needed to lower the downpayment entry and to create a psychological effect that the product is "Tai Mai" (worth it). TG rebates have been over 20 for some time.As far as bank side submission of Min-Max pricing, developers are often adviced to submit the best max price so that in future, they can still sell remaining units after few years at higher prices. Normally, developer's pricing will not have much obstacle and cleared by panel banks before banks are confirmed in their end financing job. Naturally, I would advice buyers to think twice when buying products with abnormal rebates level, example >20%. |
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Aug 9 2016, 10:43 PM
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Senior Member
3,838 posts Joined: Sep 2013
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-double post-
This post has been edited by HarpArtist: Aug 9 2016, 10:43 PM |
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Aug 9 2016, 10:51 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(HarpArtist @ Aug 9 2016, 08:42 AM) TG rebates have been over 20 for some time. 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. |
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Sep 14 2016, 11:18 AM
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Junior Member
60 posts Joined: Dec 2006
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Anyone has the layout or brochures of the service apartment?
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Oct 2 2016, 11:53 AM
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Senior Member
664 posts Joined: Nov 2009
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Service Apartment expected launch date would be October 2015 (255 units)
Sizes are from – 1055 Sqft (Rm 880k onwards), 1,507 Sqft (RM 1.25m onwards), 1,841 Sqft (RM 1.47m onwards), 2,174 Sqft (Rm 1.74m onwards) & 2,476 Sqft (RM 1.96m onwards). |
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Oct 2 2016, 12:10 PM
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All Stars
20,146 posts Joined: May 2011
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Buying w projects w high rebate/discounr which is not reflected in gross spa price is that you get relieve from rpgt and 'profit' the gain when buy, not when sell.
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Oct 2 2016, 12:21 PM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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QUOTE(urb7 @ Oct 2 2016, 11:53 AM) Service Apartment expected launch date would be October 2015 (255 units) You still linger in 2015?Sizes are from – 1055 Sqft (Rm 880k onwards), 1,507 Sqft (RM 1.25m onwards), 1,841 Sqft (RM 1.47m onwards), 2,174 Sqft (Rm 1.74m onwards) & 2,476 Sqft (RM 1.96m onwards). |
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Oct 2 2016, 03:26 PM
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Senior Member
664 posts Joined: Nov 2009
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2015 was a beautiful year. Why not?
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Oct 5 2016, 10:30 AM
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Senior Member
664 posts Joined: Nov 2009
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 Preview to existing purchasers now on...starting from RM 880k (SPA price), 13% discount, 5% downpayment This post has been edited by urb7: Oct 5 2016, 10:31 AM |
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Oct 5 2016, 10:34 AM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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seriously? 800psf?
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Oct 5 2016, 10:37 AM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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QUOTE(urb7 @ Oct 5 2016, 10:30 AM) Preview to existing purchasers now on...starting from RM 880k (SPA price), 13% discount, 5% downpayment |
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Oct 5 2016, 10:42 AM
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Senior Member
2,841 posts Joined: Sep 2010
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How this compare to Dsara?
I think Dsara selling similar pricing as well |
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Oct 5 2016, 10:44 AM
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Senior Member
664 posts Joined: Nov 2009
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No lah, RM880k is the SPA price before discount, so about RM730psf after the discount and rebates?
This post has been edited by urb7: Oct 5 2016, 10:45 AM |
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Oct 5 2016, 10:54 AM
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Senior Member
2,841 posts Joined: Sep 2010
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This and Dsara mainly ride on Door step MRT... The price really on high side...
To me, if this area compare to Damasara Damai, then I prefer DD As for Dsara, MS reserved the biggest lot for their own and planning to bring in anchor tenant like grocery This post has been edited by seanooi880327: Oct 5 2016, 10:55 AM |
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Oct 6 2016, 02:41 PM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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found 2 x 360 view show unit of SQWHERE serviced apartments, not sure the floor plan still the same or not. Desktop Google Chrome can't view it. Use firefox.
http://3dcapslock.com.my/our-portfolio/sqwhere-1500-sq-ft/ http://3dcapslock.com.my/our-portfolio/sqwhere-2100-sq-ft/ |
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Oct 6 2016, 07:55 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(Ero-Sennin @ Oct 6 2016, 02:41 PM) found 2 x 360 view show unit of SQWHERE serviced apartments, not sure the floor plan still the same or not. Desktop Google Chrome can't view it. Use firefox. Oh nice, yes - this is the current show room.http://3dcapslock.com.my/our-portfolio/sqwhere-1500-sq-ft/ http://3dcapslock.com.my/our-portfolio/sqwhere-2100-sq-ft/ |
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Oct 6 2016, 08:50 PM
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Senior Member
2,663 posts Joined: Feb 2013
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QUOTE(urb7 @ Oct 5 2016, 11:44 AM) No lah, RM880k is the SPA price before discount, so about RM730psf after the discount and rebates? Roti kosong? Wow...sdb stil bullish...not easy to sell 800k in this location... |
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Oct 18 2016, 07:29 PM
Show posts by this member only | IPv6 | Post
#431
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Junior Member
445 posts Joined: Oct 2008
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Sqwhere buyers, anyone tried withdrawing EPF for first home purchase? Since Sqwhere is a SOVO, is it still eligible?
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Nov 9 2016, 09:43 AM
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Senior Member
3,834 posts Joined: May 2008
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http://www.theedgeproperty.com.my/content/...iced-apartments
Sitting atop an 8-storey podium, the serviced apartment tower will house 255 units with a 2-bedroom to 4+1 bedroom layout and built-ups of 1,055 to 2,476 sq ft. Prices start at RM810,000 while the maintenance fee is 40 to 50 sen psf. Units come partly furnished with kitchen cabinets, hob and hood and refrigerator, and two to four parking bays depending on their size. SDB reduce the SPA price from RM880K to RM810K? I hope they still maintain the rebate scheme. |
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Nov 9 2016, 02:52 PM
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Senior Member
5,469 posts Joined: Jun 2008
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tot wanna check this out, but the hype for MRT really geng....800k for 800sqft...directly gg my wallet, geng.
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Nov 9 2016, 05:23 PM
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All Stars
12,528 posts Joined: Feb 2013
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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. 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 |
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Nov 10 2016, 09:41 AM
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Senior Member
5,469 posts Joined: Jun 2008
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QUOTE(Babizz @ Nov 9 2016, 05:23 PM) 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! 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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Nov 10 2016, 10:09 PM
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All Stars
12,528 posts Joined: Feb 2013
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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. 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 |
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Nov 10 2016, 10:57 PM
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Senior Member
5,469 posts Joined: Jun 2008
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QUOTE(Babizz @ Nov 10 2016, 10:09 PM) 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. im still window shopping around, just heart itchy to touch abit only....anyway thanks for your advice, i really think its kinda expensive becase the houses in BRP is selling around or even lower than that price.If going to spend this much, btr wait fr subsale arnica n try luck there |
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Nov 10 2016, 11:05 PM
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Junior Member
765 posts Joined: Oct 2013
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QUOTE(urb7 @ Oct 5 2016, 10:30 AM) Preview to existing purchasers now on...starting from RM 880k (SPA price), 13% discount, 5% downpayment |
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Nov 10 2016, 11:23 PM
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Senior Member
664 posts Joined: Nov 2009
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 Larger unit at 1500sf, practical layout windows to all bedrooms and bathrooms for maximum light. This post has been edited by urb7: Nov 10 2016, 11:31 PM |
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Nov 11 2016, 11:16 AM
Show posts by this member only | IPv6 | Post
#440
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Senior Member
1,020 posts Joined: Aug 2015
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If 8xxk for kampung baru sg buloh, then i will consider to topup a bit go for sierramas height.
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Nov 11 2016, 01:23 PM
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Junior Member
765 posts Joined: Oct 2013
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QUOTE(ChuiChuiShui @ Nov 11 2016, 11:16 AM) If 8xxk for kampung baru sg buloh, then i will consider to topup a bit go for sierramas height. Got point, sunway putra Rahman also can consider |
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Nov 11 2016, 01:28 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(ChuiChuiShui @ Nov 11 2016, 11:16 AM) If 8xxk for kampung baru sg buloh, then i will consider to topup a bit go for sierramas height. For buyers who bought or considering Sqwhere/ Dsara Sentral aside the reputation of developers, I think the main attraction is the link to MRT station.It will be only meaningful to compare the development with direct to MRT station and as far I know, the cheapest psf wise will be Saville Cheras by MKH which selling slightly from RM500psf+. This post has been edited by gks: Nov 11 2016, 01:29 PM |
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Nov 13 2016, 11:59 PM
Show posts by this member only | IPv6 | Post
#443
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Junior Member
445 posts Joined: Oct 2008
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QUOTE(subaiku @ Oct 18 2016, 07:29 PM) Sqwhere buyers, anyone tried withdrawing EPF for first home purchase? Since Sqwhere is a SOVO, is it still eligible? Anyways got the answer to my own question. Not eligible because technically the SOVOs are for commercial use only even though when they were selling it they pitched it as similar to SOHO. So beware SOVO buyers, there might be a problem later when your tenants want to use it for residential use. |
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Dec 19 2016, 10:54 PM
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Senior Member
664 posts Joined: Nov 2009
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Progress as of 18 Nov, via the MRT
  Attached thumbnail(s) 
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Dec 19 2016, 11:00 PM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(subaiku @ Nov 13 2016, 11:59 PM) Anyways got the answer to my own question. Not eligible because technically the SOVOs are for commercial use only even though when they were selling it they pitched it as similar to SOHO. So beware SOVO buyers, there might be a problem later when your tenants want to use it for residential use. There are MANY sovos sofos flexible opis use as residential....Legal or illegal...up to own interpretation. |
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Dec 19 2016, 11:14 PM
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All Stars
12,528 posts Joined: Feb 2013
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Very classy surroundings. Truly worth the 800psf!
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Dec 19 2016, 11:22 PM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(Babizz @ Dec 19 2016, 11:14 PM) Very classy surroundings. Truly worth the 800psf! Places like this banyak good food....and reasonably priced....Unless u want a totally brand new township like xxxxxjaya... |
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Dec 19 2016, 11:37 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(urb7 @ Dec 19 2016, 10:54 PM) Progress as of 18 Nov, via the MRT the progress of this Sqwhere is equally slow if not slower than one of MRT link project Ekocheras. Hopefully SDB will pick up soon since serviced apartment already opened for booking. |
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Dec 20 2016, 03:48 PM
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Junior Member
144 posts Joined: Apr 2010
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QUOTE(gks @ Dec 19 2016, 11:37 PM) the progress of this Sqwhere is equally slow if not slower than one of MRT link project Ekocheras. I heard from their SA, they would want to build both Sovo and residential and get both completed together, hence why the slowness, but I believe it will be really quick once everything on the residential side is finalize. I don't think SDB would delay their projects to pay their buyers.Hopefully SDB will pick up soon since serviced apartment already opened for booking. |
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Dec 21 2016, 10:04 AM
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Senior Member
664 posts Joined: Nov 2009
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I think they still haven't receive the actual permit to sell the service residences, that's why you can only book now but can't actually execute the SPA. The Sovo block will complete first with the serviced apartment about 6 months later (well depending when they are able to start to sell)
Contractually they have until July 2019 to deliver the SOVOs, so the progress seems OK at this time. |
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Dec 21 2016, 03:03 PM
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Senior Member
930 posts Joined: Jun 2009 From: Somewhere I Belong...
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QUOTE(urb7 @ Dec 19 2016, 10:54 PM) Progress as of 18 Nov, via the MRT Imagine the view looking outside of the SoVo or Serviced Apartment units.... |
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Dec 21 2016, 03:26 PM
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Senior Member
745 posts Joined: Dec 2013
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QUOTE(Ero-Sennin @ Dec 21 2016, 03:03 PM) Imagine the view looking outside of the SoVo or Serviced Apartment units.... can think from the other way, easy get cheap and nice food, easy get daily foreigner worker for house/office cleaning and cheap price, easy get supplier quote many small factories cheap price also. (or it can be saying it is international zone). |
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Dec 21 2016, 04:22 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(urb7 @ Dec 21 2016, 10:04 AM) I think they still haven't receive the actual permit to sell the service residences, that's why you can only book now but can't actually execute the SPA. The Sovo block will complete first with the serviced apartment about 6 months later (well depending when they are able to start to sell) The SOVO is 5 years construction period? Then it make sense for the construction progress assuming also the SPA kicked from DO approval date. Contractually they have until July 2019 to deliver the SOVOs, so the progress seems OK at this time. 2.5years is not very long but should be sufficient for them to complete whole development. The next door Dsara Sentral the construction progress is much faster. |
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Dec 24 2016, 10:16 AM
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Junior Member
156 posts Joined: Jun 2013
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QUOTE(gks @ Dec 21 2016, 05:22 PM) The SOVO is 5 years construction period? Then it make sense for the construction progress assuming also the SPA kicked from DO approval date. Love seeing this type of post =)2.5years is not very long but should be sufficient for them to complete whole development. The next door Dsara Sentral the construction progress is much faster. |
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Jan 11 2017, 02:40 PM
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Junior Member
144 posts Joined: Apr 2010
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I'm one of the early buyers where I bought a studio SOVO 549sqft Sqwhere.
Am running a small scale, 3-4 of us, graphic design/advertising agency business home base currently and would be great to move over there once it is ready =) looking at the MRT facilities, it will be convenient to employ people too. Any SOVO buyers here, would like to know what are some future plannings you guys are looking at for your unit ? Investment (long term leaving it empty), rental market, own stay or businesses (half stay, half business, or solely business) ? |
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Jan 12 2017, 05:44 PM
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Junior Member
490 posts Joined: Sep 2011
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which location of KD?
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Jan 12 2017, 06:12 PM
Show posts by this member only | IPv6 | Post
#457
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Senior Member
1,020 posts Joined: Aug 2015
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QUOTE(Time Walker @ Jan 12 2017, 05:44 PM) which location of KD? In fact is kampung baru sungai buloh... |
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Jan 12 2017, 06:15 PM
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Junior Member
144 posts Joined: Apr 2010
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QUOTE(ChuiChuiShui @ Jan 12 2017, 06:12 PM) In fact is kampung baru sungai buloh... Yeap, as per S&P address. |
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Jan 19 2017, 03:14 PM
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Senior Member
664 posts Joined: Nov 2009
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Service Apartment Floor Plans
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Jan 31 2017, 11:46 PM
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Junior Member
248 posts Joined: Jun 2014
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Finally secured a unit, albeit the smallest one
Always wanted SDB property Hello neighbours! |
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Feb 1 2017, 12:30 AM
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Junior Member
144 posts Joined: Apr 2010
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QUOTE(murrayballs @ Jan 31 2017, 11:46 PM) Finally secured a unit, albeit the smallest one Hey hey =) Happy CNY Always wanted SDB property Hello neighbours! |
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Feb 1 2017, 04:07 PM
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Senior Member
2,663 posts Joined: Feb 2013
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QUOTE(murrayballs @ Feb 1 2017, 12:46 AM) Finally secured a unit, albeit the smallest one How small?Always wanted SDB property Hello neighbours! |
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Feb 1 2017, 04:48 PM
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All Stars
12,528 posts Joined: Feb 2013
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QUOTE(murrayballs @ Jan 31 2017, 09:46 AM) Finally secured a unit, albeit the smallest one 1055 sqft, how much gross n how much nett? hows the sales so far?Always wanted SDB property Hello neighbours! |
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Feb 1 2017, 10:30 PM
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Junior Member
144 posts Joined: Apr 2010
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Is the SOVO 100% sold out ? any SOVO buyer here ?
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Feb 2 2017, 06:01 AM
Show posts by this member only | IPv6 | Post
#465
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Senior Member
4,526 posts Joined: Mar 2006
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QUOTE(murrayballs @ Jan 31 2017, 11:46 PM) Finally secured a unit, albeit the smallest one how muchAlways wanted SDB property Hello neighbours! |
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Feb 14 2017, 03:34 PM
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Junior Member
243 posts Joined: Sep 2008
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Hi all, can anybody confirm this is a leasehold 'WITH restriction' or 'NO restriction'.. leasehold 'Dengan sekatan' or 'Tiada sekatan' project?
So easy for bumi for sell back after VP if NO restriction. thanks all!! This post has been edited by jumalij23: Feb 14 2017, 03:44 PM |
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Feb 15 2017, 06:00 AM
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Senior Member
2,854 posts Joined: Jul 2013
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interesting. book mark 1st
all the while i though leasehold must be with restriction only some freehold area in certain part of bukit jalil are will restriction. |
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Mar 22 2017, 04:51 PM
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Senior Member
664 posts Joined: Nov 2009
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Progress 22-Mar-2017
 This post has been edited by urb7: Mar 22 2017, 04:53 PM |
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Mar 22 2017, 05:42 PM
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(urb7 @ Mar 22 2017, 04:51 PM) Progress 22-Mar-2017 Seems past 3 months significant progress made only on the right side super structural. |
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Mar 22 2017, 10:37 PM
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Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(snakydan @ Jan 11 2017, 03:40 PM) I'm one of the early buyers where I bought a studio SOVO 549sqft Sqwhere. Great! A lot of doom mongers here say theres no marke for sovo/soho here.Am running a small scale, 3-4 of us, graphic design/advertising agency business home base currently and would be great to move over there once it is ready =) looking at the MRT facilities, it will be convenient to employ people too. Any SOVO buyers here, would like to know what are some future plannings you guys are looking at for your unit ? Investment (long term leaving it empty), rental market, own stay or businesses (half stay, half business, or solely business) ? Glad to hear such entrepreneurship alive and kicking |
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Jun 5 2017, 10:06 AM
Show posts by this member only | IPv6 | Post
#471
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Senior Member
664 posts Joined: Nov 2009
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Jun 5 2017, 10:15 AM
Show posts by this member only | IPv6 | Post
#472
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All Stars
20,146 posts Joined: May 2011
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EPF is now also developer??????
summore the project director's name is printed terang terang as contact person.....I believe its 1st of its mind in development field..... |
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Jun 5 2017, 10:19 AM
Show posts by this member only | IPv6 | Post
#473
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Senior Member
664 posts Joined: Nov 2009
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EPF is the landowner, JV with many developers. For the main commercial development, it's wth MRCB.
QUOTE MRCB, EPF to seal Kwasa Damansara partnership deal by year-end This post has been edited by urb7: Jun 5 2017, 10:20 AMBY M. HAFIDZ MAHPAR KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) is expected to complete by year-end the payment for its 70% stake in the joint venture with the Employees Provident Fund (EPF) to develop the RM8bil main town centre of the massive Kwasa Damansara township, thus making the partnership deal unconditional. In a filing with Bursa Malaysia on Tuesday, MRCB also announced that the size of the Sungai Buloh land, coded as MX-1, was now slightly larger at 64.3 acres (compared to 64.07 acres previously) following a subdivision. The balance subscription payment for its majority stake in Kwasa Sentral Sdn Bhd, the special-purpose vehicle to develop MX-1, has also been raised from RM735mil to RM737.88mil. This balance (following an RM81.6mil advance payment) must be paid in full by Dec 29, or any other date agreed on in writing by the parties, said MRCB. The latest revisions followed the signing of a second supplemental agreement between MRCB, Kwasa Land Sdn Bhd (the EPF unit tasked as Kwasa Damansara’s master developer) and Kwasa Sentral had on Tuesday. The proposed share subscription in Kwasa Sentral was originally scheduled to be completed about two years ago - in the third quarter of 2015. However, the target completion was moved to the second quarter of 2017 under a supplemental agreement inked between MRCB, Kwasa Land Sdn Bhd (the EPF unit tasked as Kwasa Damansara’s master developer) and Kwasa Sentral in August 2016. Under the new supplemental agreement, the completion is aimed for the fourth quarter of 2017. The parties have also agreed that the interest payable to be set off against the subscription payments will only be up to and including May 11, 2017. Both supplemental agreements were meant to give “MRCB the flexibility to finalise its financing arrangements to satisfy the balance subscription payment closer to the unconditional date.” To recap, the town centre contract was awarded to MRCB in June 2014 following a bid involving 20 large, well-known developers. MX-1 was the first tranche given out under the RM50bil township project sprawling over 2,330 acres. There was speculation, including by AmResearch, that MRCB was a frontrunner in the Kwasa Damansara project by virtue of it being an associate company of the EPF. (The retirement fund today holds a 33.5% stake in MRCB.) The Kwasa Damansara project attracted a tremendous amount of interest, with the prequalification exercise reportedly drawing 152 developers. Since MX-1, the EPF has awarded five more Kwasa Damansara development contracts - all for residential development - covering 53 acres with a combined gross development value of about RM2bil. The total acreage awarded up to now represents only 5% of the entire land area. It was back in 2012 that the EPF announced it was buying the 2,330-acre Rubber Research Institute Land for RM2.28bil. The original plan was to develop the township over 10 to 15 years, with development to begin in 2013. MRCB closed unchanged on Tuesday at RM1.68 per share, with 14.45 million shares changing hands. Read more at http://www.thestar.com.my/business/busines...r8tJSOc7zevo.99 |
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Jul 31 2017, 10:15 AM
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Senior Member
664 posts Joined: Nov 2009
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Progress as of 31 July
Test rode the MRT from Kampung Selamat to Bukit Bintang, took 40 mins.   |
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Sep 4 2017, 09:07 AM
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Newbie
38 posts Joined: Jun 2008 From: Cyberjaya
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QUOTE(urb7 @ Jul 31 2017, 10:15 AM) Progress as of 31 July Progress very slow compared to Mah Sing DsaraTest rode the MRT from Kampung Selamat to Bukit Bintang, took 40 mins. |
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Sep 4 2017, 09:17 AM
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Senior Member
670 posts Joined: Aug 2016
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The Hub @ PJ also quite slow.
This 40 over storey building already started work for more than 4 years and Tower crane still yet to be dismantling.... |
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Sep 4 2017, 12:37 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(DS4 @ Sep 4 2017, 09:17 AM) The Hub @ PJ also quite slow. The Hub scheduled for mid 2018This 40 over storey building already started work for more than 4 years and Tower crane still yet to be dismantling.... The Sqwhere scheduled for mid 2019 |
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Sep 4 2017, 12:57 PM
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Senior Member
670 posts Joined: Aug 2016
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QUOTE(urb7 @ Sep 4 2017, 12:37 PM) The Hub scheduled for mid 2018 Great to heard about that and thanks for info.The Sqwhere scheduled for mid 2019 I believe some of the commercial development like Hub, the overall development period is up to five years 60months? |
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Sep 19 2017, 05:35 PM
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Newbie
38 posts Joined: Jun 2008 From: Cyberjaya
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Gosh 2019...so long. Mah Sing project already almost completed
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Nov 24 2017, 07:30 PM
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Senior Member
664 posts Joined: Nov 2009
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Retail SqWhere drawings:-
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Dec 10 2017, 11:54 AM
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Senior Member
664 posts Joined: Nov 2009
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 This post has been edited by urb7: Dec 10 2017, 11:56 AM |
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Dec 10 2017, 12:53 PM
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Senior Member
555 posts Joined: Oct 2009
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Competing with Dsara
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Dec 10 2017, 02:00 PM
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All Stars
12,528 posts Joined: Feb 2013
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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 |
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Dec 13 2017, 11:21 AM
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Senior Member
664 posts Joined: Nov 2009
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Progress as of 12th Dec 2017
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Dec 13 2017, 11:27 AM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(urb7 @ Dec 13 2017, 11:21 AM) Progress as of 12th Dec 2017 I dunno if early birdies signed spa when it was soft launch....this one LAD kau kau. |
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Dec 13 2017, 05:12 PM
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All Stars
12,528 posts Joined: Feb 2013
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why change name to Kota damansara west???
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Dec 13 2017, 06:51 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(BEANCOUNTER @ Dec 13 2017, 11:27 AM) I dunno if early birdies signed spa when it was soft launch.... Contractual VP scheduled for mid 2019this one LAD kau kau. |
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Dec 13 2017, 06:51 PM
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(Babizz @ Dec 13 2017, 05:12 PM) why change name to Kota damansara west??? Purely imaginary creation by the thread starter. |
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Dec 13 2017, 07:13 PM
Show posts by this member only | IPv6 | Post
#489
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All Stars
20,146 posts Joined: May 2011
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QUOTE(urb7 @ Dec 13 2017, 06:51 PM) Contractual VP scheduled for mid 2019 I went there one week b4 the show gallery opened. It was 4tj qtr of 2013. |
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Dec 13 2017, 07:24 PM
Show posts by this member only | IPv6 | Post
#490
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Senior Member
3,834 posts Joined: May 2008
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QUOTE(BEANCOUNTER @ Dec 13 2017, 07:13 PM) I went there one week b4 the show gallery opened. It was 4tj qtr of 2013. For the first launch ie SOVO, I think it is 5 years from DO approval. |
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Dec 14 2017, 11:50 AM
Show posts by this member only | IPv6 | Post
#491
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Senior Member
664 posts Joined: Nov 2009
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QUOTE(BEANCOUNTER @ Dec 13 2017, 07:13 PM) I went there one week b4 the show gallery opened. It was 4tj qtr of 2013. Development approval was only given in Jan 2015, contractually the VP date will be 54 months from this date, therefore VP will be in mid 2019. Due to the delay in executing the SPA , SDB has also compensated buyers.This post has been edited by urb7: Dec 14 2017, 11:52 AM |
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Dec 14 2017, 11:54 AM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(urb7 @ Dec 14 2017, 11:50 AM) Development approval was only given in Jan 2015, contractually the VP date will be 54 months from this date, therefore VP will be in mid 2019. Due to the delay in executing the SPA , SDB has also compensated buyers. you mean compensate buyers from the date of booking to the signing of sPA?SDB that good ah? 1st time I heard of such arrangement. |
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Dec 22 2017, 07:11 PM
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Junior Member
445 posts Joined: Oct 2008
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QUOTE(urb7 @ Dec 14 2017, 11:50 AM) Development approval was only given in Jan 2015, contractually the VP date will be 54 months from this date, therefore VP will be in mid 2019. Due to the delay in executing the SPA , SDB has also compensated buyers. Uhhh, wait a minute, is this mid 2019 VP for the Sovo units? I thought it was 2018?Also, haven't heard anything from SDB about this compensation? |
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Jan 9 2018, 10:19 AM
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Newbie
8 posts Joined: Aug 2017
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QUOTE(subaiku @ Dec 22 2017, 07:11 PM) Uhhh, wait a minute, is this mid 2019 VP for the Sovo units? I thought it was 2018? I am a buyer of the SoVo unit and my full installment with CIMB bank started this month (Jan 2018)...Is there anything we can do to start paying the installment later since the completion will only be in Jul 2019?Also, haven't heard anything from SDB about this compensation? |
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Jan 22 2018, 09:50 PM
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All Stars
12,528 posts Joined: Feb 2013
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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 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 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.... 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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Feb 2 2018, 05:44 PM
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Senior Member
664 posts Joined: Nov 2009
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Progress as of 31st January
This post has been edited by urb7: Feb 2 2018, 05:46 PM Attached thumbnail(s) 
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Feb 22 2018, 07:26 PM
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Junior Member
248 posts Joined: Jun 2014
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QUOTE(chuajack @ Jan 9 2018, 10:19 AM) I am a buyer of the SoVo unit and my full installment with CIMB bank started this month (Jan 2018)...Is there anything we can do to start paying the installment later since the completion will only be in Jul 2019? Eh? Why full disbursement? U sure?QUOTE(urb7 @ Feb 2 2018, 05:44 PM) Progress as of 31st January About to sign SPA..anyone here wanna be my referral? (If there is any) |
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Feb 23 2018, 12:19 AM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(murrayballs @ Feb 22 2018, 07:26 PM) Eh? Why full disbursement? U sure? Full disbursement follow spa complerion date or actual completion date whichever is earlier.About to sign SPA..anyone here wanna be my referral? (If there is any) If bank started to disimburse since 2018 jan...the construction time is shorter than 5 yrs |
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Feb 23 2018, 08:08 AM
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Senior Member
4,226 posts Joined: Mar 2014
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QUOTE(urb7 @ Dec 10 2017, 11:54 AM) |
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Feb 23 2018, 10:12 AM
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Junior Member
144 posts Joined: Apr 2010
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QUOTE(murrayballs @ Feb 22 2018, 07:26 PM) Eh? Why full disbursement? U sure? I am an owner for Sovo unit, can become referral ka ? hehe.. Any perks that we can share between About to sign SPA..anyone here wanna be my referral? (If there is any) |
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