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Investment KL TRADERS SQUARE | FLORA RESIDENCY (PHASE 2), Kuala Lumpur has a New Lifestyle Estate

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lucerne
post Jul 2 2013, 11:12 PM

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QUOTE(oxm8 @ Jul 2 2013, 08:32 PM)
Ok yer i saw this board. This is nexr to pasar besar gombak rite? Walking distance to.maybank, OTK, post
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Pasar moden not batu 5 meh?
Batu 4 is near smk chong hwa la.

lucerne
post Jul 2 2013, 11:14 PM

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Gombak sentral mean batu 5 will be central of gombak not batu 3 near ekovest?
lucerne
post Jul 3 2013, 07:17 AM

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QUOTE(37 Exposures @ Jul 3 2013, 12:17 AM)
next to mosque    whistling.gif cool.gif
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Between pasar besar gombak n masjid?

lucerne
post Sep 4 2013, 05:55 PM

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QUOTE(kh8668 @ Sep 4 2013, 05:32 PM)
user posted image
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i thot someone said this land is KL Northen gombak whihc is a malay reserve land?


lucerne
post Apr 11 2014, 06:48 PM

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QUOTE(37 Exposures @ Apr 11 2014, 04:29 PM)
They have another small entrance near 100 Residency..
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another road via medan intan apartment (near high cable tension or kuan yin temple/setapak garden entrance), there is a furniture shop called gombak furniture.

more access road expected in future after the project completed.

lucerne
post Apr 13 2014, 04:53 PM

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QUOTE(37 Exposures @ Apr 13 2014, 01:09 PM)
Interested to know their Master Plan! Taman Melati, Genting Klang fully developed, this time turn to Jalan Gombak!
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will take long time as jalan gombak still have alot of malay reserved or malay lands. now getting more complicated as the lands now belong to many ppl/generations.
lucerne
post Apr 15 2014, 09:16 PM

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let me summarize :

project next to pasar = LOT 8947 & LOT 8948, JALAN GOMBAK under ZCH PROPERTIES SDN BHD = KL Northern Gombak (initial name) , future name ???
initially reserved for bumi only, future ???? Accetera said got more shops maybe land converted d?? more problems now??

project at Batu 4 = Lot 1612, 1614, 1615, 30102 and 30103 under SCP , initially called Gombak Sentral now called KL Traders Square, future name???
lucerne
post Feb 26 2015, 09:47 AM

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only block B open for booking, only 2 type, A, B. 842sf and 949sf Rm500psf depend on direction. facing HTC is cheaper. mostly buying facing swim pool. above 19 floor got 2 car parks. freehold, 20cent psf maintenance.
lucerne
post Apr 19 2015, 01:06 AM

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QUOTE(LanEvo8 @ Apr 19 2015, 12:35 AM)
Last week i go to sales gallery,many gv ppl book.Today i went back,still have plenty of unit.
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block A or B?
lucerne
post Apr 23 2015, 09:10 AM

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QUOTE(superb999 @ Apr 23 2015, 09:04 AM)
SA told me commercial rate
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I think the utilities for all residential properties incl service apartment (for residential use not commercial eg hotel apartment) are residential rate. SOHO is commercial rate even it is for residential use.

u can also use GST guideline to determine if it is resi or commi rate.
all residential incl service apartment no GST.

however, cukai pintu for service apartment is higher at 6% , in between residential 4% and commercial 8%

This post has been edited by lucerne: Apr 23 2015, 09:12 AM
lucerne
post Jul 21 2015, 09:42 PM

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QUOTE(rookienyc @ Jul 21 2015, 05:50 PM)
Hahaha.

Another question, which traffic jam is worst? Which one is bearable? lol.
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u can choose to use DUKE2 or DUKE3

lucerne
post Mar 21 2016, 05:26 PM

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anyone have SCP sales department email address?
lucerne
post Oct 3 2016, 02:45 PM

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QUOTE(mayee21 @ Oct 3 2016, 11:03 AM)
Just bought a unit here. Block E,  type c 918sf  10% rebate. after rebate 360k++
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is it the lower floor facing HTC and the future KLTS's low cost home?
lucerne
post Oct 3 2016, 04:59 PM

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QUOTE(NagaViper @ Sep 16 2016, 09:15 PM)
Yes & No.

For those side facing west & expose - Yes
For those side facing east & expose - Yes but only little bit (in fact many like it as can dry cloth & if have plants.

For those side facing west/east & block by other block - Not really hot.

So in short  corner lot for.

Block A will be quite hot especially those facing main road.
Block B will be those side facing main road will be hot.
Block C almost like Block A marginally better.
Block D & E are better as either block by other block or only side facing east.

Corner lot are always premium & can fetch premium price in future, for own stay 20 extra is worth it.

Unless your unit like 35th floor up better spend a little bit more for end lot or better if corner lot, dark kitchen windows really a turn off (my point of view)
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all blocks are now open for sales? i think block E is the best since it is lower density /12 units per floor and further from HTC? but some units are facing the refuse centre could be very smelly if lower floors

are those units facing inside (face pool) are the best? block E has limited pool view.

are the outside carparks (ground floor) free? Think many residents would prefer to park at ground floor instead park at higher floor 1-7 floors.
the shops will have parking problem if too many cars parked at ground floor.
lucerne
post Jun 7 2017, 08:25 PM

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QUOTE(CherishYY @ Jun 7 2017, 10:50 AM)
Hi, I've recently booked a unit @ KL Traders Square only to realise that the property is in commercial title.  sad.gif  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  notworthy.gif
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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
lucerne
post Jun 8 2017, 07:52 PM

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QUOTE(CherishYY @ Jun 8 2017, 11:25 AM)
TNB is calculated based on (residential/commercial rate * useage) . There's 2 different rate for either residential or commercial title. My SA told me that the developer is currently applying to change it back to residential rate for tnb so initially without the conversion the rate will definitely be commercial rate.
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pls cehck tnb website https://www.tnb.com.my/residential/pricing-tariffs/

tariff Rates is base on usage
“Domestic Consumer” means a consumer occupying a private dwelling, which is not used as a hotel, boarding house or used for the purpose of carrying out any form of business, trade, professional activities or services.


lucerne
post Jun 8 2017, 10:55 PM

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QUOTE(CherishYY @ Jun 8 2017, 08:50 PM)
"Local government and development laws expert Derek Fernandez confirmed that buyers of residential property with commercial titles had to pay commercial rates for water, electricity, land taxes and assessment. "

Read more at http://www.thestar.com.my/metro/community/...2j0DpusRb9lq.99

I've done alot of research and almost all told me we need to pay commercial rates unless we managed to apply to TNB to change it back to residential rates. And that is what my SA told me as well,  that the developer is applying to TNB for residential rates.  (because otherwise we need to pay commercial)

Correct me if im wrong but my understanding is that commercial titled properties can be used to run a business so we need to pay commercial rates unless we applied and prove that its for residence only, so if nothing were done or no application is filed, we are actually going to be billed with commercial rate by default.
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i think so far only syabas has this problem, tnb mostly will use residential rate if the project is for a pure residential purpose unless it is soho, sofo, sovo, suite etc

as per syabas, since the land title is commercial, bulk meter will be on commercial rate, hence JMB will charge commercial rate too. but JMB can later apply residential rate when they migrate syabas water with individual meter. tnb from the start is already with individual meter, so they will charge resi rate when developer to apply tnb meter under resi category if the project is a non commercial property.

maybe future syabas can start with individual meter as TNB too
lucerne
post Jun 10 2017, 06:38 PM

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QUOTE(heng818 @ Jun 10 2017, 04:25 PM)
those assessment fee and quit rent? possible to change from commercial to residential title? example for kl trader square type?
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assessment most likely will be 5% of annual rental, eg if rental is 1k per month, 12k per annum, fee then will be RM600 per year
condo is only 4%

lucerne
post Jun 11 2017, 11:09 AM

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QUOTE(heng818 @ Jun 11 2017, 12:42 AM)
how about quit rent?
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negligible after shared with so many units...and the big common areas..

your main fixed costs are:

maintenance fee/sinking fund
bank interest
dbkl assessment fee
insurance
indah water
lucerne
post May 17 2018, 10:55 PM

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SCP has very poor social responsibilities, they do not provide a proper road access to kampongs behind KLTS. regret buying units from them. pity those kampong folks has to drive via the narrow and muddy road to the main road.

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