Appreciate you both opinion! so torn now!

Pity Residensi 126. Completed but almost vacant.
no demand for rental despite that it is near OTK, Maybank etc.

HTC have radiation..

Other than that,

let say in 10 yrs time,still oversupply and plus this is a high dense development, i could say, people will opt for better view..since they have many choices to choose from.

Unless, in 10 yrs time, the demand is higher then supply..thats another story.

Any idea whats the expected rental will be once the project is ready?

High dense and oversupplied sure fighting so hard to get tenant even renting at RM1500..
this is my 2cents..
Rent it by rooms / per head will give higher rental..

Park to know how Rental Players will be doing it..

Will this be abandoned too?

I don't think wil abandon,

Almost 90 or 100unit 3storey shop lot in klts,it will be new spot,
Prime setapak area now a days are too pack.

completed already. but many units are vacant...maybe nany investors

hi,just payed booking fees ,wanted to know after deduct everything the price is 450000,842 sf,block b ....should i proceed for SNP?

If dunwan proceed, why make the booking??

1.3-1.4k rental.

coz i like the concept and room,but problem is if i take this,hard for me to survive in future because commitment too much
example:
income after deduct EPF RM3900
Expenses
1)insurance -300
2)family -300
3)car petrol -200
3)monthly installment for this + maintenance =RM2300
total is RM3100..left rm800..havent calculate for food yet...do you think can survive ?

then u shouldn't go for booking ady..
Don't forget, u need pay for car service & car insurance may be RM100 per month, those utilities bill say RM100, food say RM600 (cheap cheap eat in KL)... no entertainment like movie, parking fee, tolls, and don't need save $$$ for wedding & kids?? unless u r confident that ur salary can raise higher in next year.

yup,that's why i thinking for cancel booking,thanks for advise

Hi, I've recently booked a unit @ KL Traders Square only to realise that the property is in commercial title. I've some queries I hope someone would be able to help me here.

a) I've saw that some says that the developer is trying to help us convert TNB back to residential rate. Can anyone confirm this? If developer fails, how is the success rate if we are to apply ourselves after handover of key?

b) As for the assessment rate, I've heard that:-

i) we can apply to convert our title back to residential to enjoy residential quit rent and assessment rate. Is this true and historically has people actually managed to convert their title?

ii) we can appeal the rate and has to attend hearings to change our rate. Is this true and if the appeal is sucessful does this mean we could enjoy residential rate or does the rate get revised in accordance to their justification? (which might be more than residential rate)

c) I've heard that for KL Trader's Square area the rate is 4% for residential and 7% for commercial, can someone confirm this?

d)Quit Rent seems to be not an issue since the amount is immaterial, i saw that residential is RM0.035/square feet but couldn't find the commercial rate. Anyone to advise?

Many Thanks in advance

may i know what's the different between commercial title and residential rate?and what's the rate then you mention?the rate got effect anything?

Yup. All TNB, Syabas, Quit Rent and assessment have higher rate for commercial title property than residential.

Currently many have mentioned that TNB could be converted back to residential easily and the rest is almost quit impossible.

Water Bill hike would be significant in terms of % but amount is small. My SA told me it will be around RM30 each month. (while a serviced residence nearby with 2 occupants cost around RM10- 15)

What currently still worries me is the assessment fees since it can cost from RM 500 - RM1000 for normal residential property. (Since our rate would be almost 100% higher than residential (3% residential and 7% commercial), this could be quite significant)

P/s: the assessment rate is just based on hearsay so i could not confirm the actual rate but mostly commercial rate would be around 100% higher than residential rate

a. tnb is always base on usage not title. since this is residential purpose then the rate will be domestic rate (resi rate)
b. i)assessment for service apartment (this case) is 5% vs resi is 4%
ii)i dont think u can change the rate, but u can appeal the annual value (usually base on annual estimate rental)

water rate is up to management to decide, mostly initially their bulk meter is base on commercial rate so office will charge u commercial rate too. JMB/MC can later apply to migrate to Syabas, then the rate will base on residential rate

big banner on the road stating completion in Jun 2018. wow SCP doing great completing this and season garden together almost at the same time.

that banner ady there for 1-2months ady bro....