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Investment SQWHERE @ KG SELAMAT SUNGAI BULOH [OWNERS' THREAD], Inner KD. Located close to MRT. By SDB.
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CloudAtla$
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May 6 2014, 07:55 PM
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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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CloudAtla$
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May 7 2014, 07:46 AM
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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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CloudAtla$
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May 7 2014, 02:07 PM
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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$: May 7 2014, 02:10 PM
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CloudAtla$
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May 7 2014, 10:13 PM
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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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CloudAtla$
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May 8 2014, 04:10 AM
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QUOTE(woody33 @ May 7 2014, 10:44 PM) ya SDB > Law  SDB so power!
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CloudAtla$
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May 8 2014, 09:35 AM
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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. 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. ya DMC > Law
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CloudAtla$
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May 8 2014, 06:31 PM
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QUOTE(woody33 @ May 8 2014, 03:53 PM) must refer APDL whether it is rumah kediaman or pejabat. typical example subang waterfront that developer sell SA but APDL is hotel whole project stuck. Denial!'denial!
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CloudAtla$
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May 9 2014, 11:32 AM
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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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CloudAtla$
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May 19 2014, 08:58 PM
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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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CloudAtla$
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Jun 23 2014, 10:42 PM
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Sovo cannot stay coz its office. Herd mentality : affordable, buy now regret later.
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CloudAtla$
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Jun 24 2014, 11:57 AM
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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$: Sep 14 2014, 10:02 AM
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CloudAtla$
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Jul 16 2014, 05:35 PM
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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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CloudAtla$
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Sep 14 2014, 10:04 AM
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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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