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 Symphony Residence @ Kajang (Near Kajang 2 Area), worth to invest? ( RM285++ psf )

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ixus
post Jul 27 2013, 03:11 PM

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Hi everyone, I just make a deal with one of the agents involved in this project few days ago. Highly recommended , unlike some of agents who are like 'if u x wanna buy, I still got a lot customers' attitude. He is patient in explaining about the projects and answering all of my lousy questions as it is my first property.

Overall I do believe Symphony is a great deal.
logezzz
post Jul 27 2013, 11:20 PM

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QUOTE(iwin_wai @ Jul 27 2013, 11:50 AM)
Very curios about that? when our coffee session? i PM u dy right?
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iwin_wai bro, please check your PM for meet up. i will arranging meet up on behalf of Harvey. Will show the confirmed master plan and other confidential documents in this meet up and Harvey from developer also will come over. Those who interested, can inform or PM. Cu guys.

This post has been edited by logezzz: Jul 27 2013, 11:22 PM
optimus28
post Jul 27 2013, 11:35 PM

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still got units available? Surprised..thought would have been sold out already :-)
TSharveyhkw
post Jul 27 2013, 11:35 PM

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Yeah, those who are keen to hv coffee session together pls pm logez ya. He will try to organise time that most can make it.

Thanks logez n cheers!
logezzz
post Jul 27 2013, 11:45 PM

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QUOTE(optimus28 @ Jul 27 2013, 11:35 PM)
still got units available? Surprised..thought would have been sold out already :-)
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Still got units optimus28 bro. 3 floors reserved for bulk negotiations and almost 85 units booked. Still left around 75 units for 7%+3& discount. After 150 units, the discount might won't be available.

If u guys a bit late, may be can ask Harvey kor to extend a bit. brows.gif
logezzz
post Jul 27 2013, 11:49 PM

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QUOTE(harveyhkw @ Jul 27 2013, 11:35 PM)
Yeah, those who are keen to hv coffee session together pls pm logez ya. He will try to organise time that most can make it.

Thanks logez n cheers!
*
Yeah, i will arrange it and tentatively is coming saturday 3 August 2013 morning 10am at Publika, Solaris Hartamas.

Those interested and able to join or not able to join can reply here or PM.

This post has been edited by logezzz: Jul 27 2013, 11:49 PM
logezzz
post Jul 27 2013, 11:58 PM

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QUOTE(ixus @ Jul 27 2013, 03:11 PM)
Hi everyone, I just make a deal with one of the agents involved in this project few days ago. Highly recommended , unlike some of agents who are like 'if u x wanna buy, I still got a lot customers' attitude. He is patient in explaining about the projects and answering all of my lousy questions as it is my first property.

Overall I do believe Symphony is a great deal.
*
thumbup.gif for your first property. Share some of your view on your take for Symphony bro?
Probably it can help us make decision too.

This post has been edited by logezzz: Jul 27 2013, 11:59 PM
ixus
post Jul 28 2013, 01:14 AM

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QUOTE(logezzz @ Jul 27 2013, 11:58 PM)
thumbup.gif for your first property. Share some of your view on your take for Symphony bro?
Probably it can help us make decision too.
*
It is just my simple 2 cents.

i. MRT
MRT gonna rock Kajang in future. For those who are familiar with Singapore MRT, Kajang is like Tampines, where the MRT ends. Tampines offers lower rental compared to those cities nearer to Singapore central. Similarly i think it would happen to Kajang as well, 5-6km driving distance to the Kajang MRT station would be a great deal. I am not familiar with the current project site, but so far from what i observed through google map, this project site is near to the main road (Jalan Semenyih). So residents in this area in future might take bus from somewhere near to Klinik Kesihatan Kajang and interchange at MRT station. It is exactly like the public transport lifestyle in Singapore, which is part of the vision in Great Kuala Lumpur infrastructure plan.

ii. Location
The phase 2 of this project comes with a shopping complex with a cinema. So i do believe this would boost up the price at that area. Although there are shopping malls as well in Kajang 2 development which might come as competitor to Symphony mall, why we cant take it as complimentary to each other to serve the increasing population in Kajang/Semenyih?
As per development in ETP, the focus of development is going to emphasized at south area of KL. Even big player like Mah Sing is also started to invest in Semenyih. So you can see there is a big potential for this project site as it is just 5km from Semenyih which is connected by Jalan Semenyih.

iii. The future of Kajang (Project development around the site)
It is one of my biggest concern, there is a Golf site next to this project which had been taken and develop as integrated city, Nadayu 92. Next to Nadayu 92 would be the famous Kajang 2 development. So as you can see, there would be great increase in population in Kajang. With compliment steady growth in Semenyih, Kajang gonna be another Cheras / Puchong in future (this statement is provided by one of close friends working in property line).

iv. Developer background
SSH is one of the famous yet low profile developer in Kajang. So no worry about the quality of this project. The only cons is maybe this developer is too low profile, most of his property projects are always lack of publicity..

v. Pricing
285 psf and low downpayment after 7+3% discount, what do you expect anymore? Leasehold shouldnt be an issue as if this project is freehold, you cant get as this low price. No DIBS? In reality, those projects come with DIBS is already marked up in their pricing margin already. I think maybe one of the reasons contributing to this low price is becoz without DIBS. So i personally think that even with property bubbles which to be claimed that it might happen but yet most of the analyst had been denied it, a 300k property is still within my affordable 'rugi' range. You can't compare this project with MKH Boulevard, look at the price then you will know the difference.

vi. Lastly
There is an apartment opposite to this project, developed by this same supplier, named Pangsapuri Residence. Launching price few years ago is at around 180k, but now selling at 260k. Leasehold as well.
Source: http://www.iproperty.com.my/propertylistin...artment_ForSale

So i cant see a reason this project will drop price in future ?!! icon_idea.gif


Overall, it is a great deal. Actually this is my first property investment, so all the above are just my personal opinions to persuade myself that i had made a right choice.. haha.. i might be wrong, please correct me if there is any mistake rclxm9.gif

This post has been edited by ixus: Jul 28 2013, 01:37 AM
iwin_wai
post Jul 28 2013, 04:51 PM

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QUOTE(logezzz @ Jul 27 2013, 11:20 PM)
iwin_wai bro, please check your PM for meet up. i will arranging meet up on behalf of Harvey. Will show the confirmed master plan and other confidential documents in this meet up and Harvey from developer also will come over. Those who interested, can inform or PM. Cu guys.
*
yes, got it. mind to PM your contact too? count me in.
logezzz
post Jul 28 2013, 05:04 PM

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QUOTE(iwin_wai @ Jul 28 2013, 04:51 PM)
yes, got it. mind to PM your contact too? count me in.
*
So far 2 person confirmed joining saturday session.

iwin_wai
lai_dm

Anybody else? Thank you
logezzz
post Jul 28 2013, 05:15 PM

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QUOTE(ixus @ Jul 28 2013, 01:14 AM)
It is just my simple 2 cents.

iii. The future of Kajang (Project development around the site)
It is one of my biggest concern, there is a Golf site next to this project which had been taken and develop as integrated city, Nadayu 92. Next to Nadayu 92 would be the famous Kajang 2 development. So as you can see, there would be great increase in population in Kajang. With compliment steady growth in Semenyih, Kajang gonna be another Cheras / Puchong in future (this statement is provided by one of close friends working in property line).
Good analysis bro. To add-on the above, the golf course will develop by Dijaya - Tropicana Heights. Then Nadayu 92, Kajang 2. I heard that this Symphony developer has another piece of land nearby there which gonna developed too.

Will do my comparison and post it here too soon.
WhiteHorse84
post Jul 29 2013, 06:32 PM

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i just place my booking 2 days ago, for investment.

sitting 1-2 minute drive to main semenyih road, 2 interchange highway, not far away will be an kajang 2 site.

quite potential on it. as along the highway from Saujana impian to Semenyih, can see the developement keep going on,

anyone if interested on it, i can arrange the agent that present it to me, and present it to you. Thank you!

my email : zonefreedom84@gmail.com
peri peri
post Jul 29 2013, 08:23 PM

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For those who missed the ivory launched last year and ameera launched this year, this will be the upcoming area to look at. So called border of kajang and semenyih
szenyee
post Jul 29 2013, 09:39 PM

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QUOTE(peri peri @ Jul 29 2013, 08:23 PM)
For those who missed the ivory launched last year and ameera launched this year, this will be the upcoming area to look at. So called border of kajang and semenyih
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finally peri peri daigor said something already.....really wait for your comment on this prop...;p
peri peri
post Jul 29 2013, 09:44 PM

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QUOTE(szenyee @ Jul 29 2013, 09:39 PM)
finally peri peri daigor said something already.....really wait for your comment on this prop...;p
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Although leasehold, but location wise is quite strategic. If the phase 2 shopping mall with cinema can become realistic, ready to kaching kaching.
bukithot
post Jul 29 2013, 09:50 PM

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QUOTE(peri peri @ Jul 29 2013, 09:44 PM)
Although leasehold, but location wise is quite strategic. If the phase 2 shopping mall with cinema can become realistic, ready to kaching kaching.
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How big is the shopping mall? If the new cinema is like the one in Metro Kajang, then no hope lo.. (just kidding, I hope no).

Kajang still lack a sizable shopping mall...
peri peri
post Jul 29 2013, 09:55 PM

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QUOTE(bukithot @ Jul 29 2013, 09:50 PM)
How big is the shopping mall? If the new cinema is like the one in Metro Kajang, then no hope lo.. (just kidding, I hope no).

Kajang still lack a sizable shopping mall...
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Yeah, i believe nowaday new cinema is promising. Thats why if SR manage to provide a quality cinema, whole kajang gameplay will be different. Dont forget, the metro point is doing quite weak. Hence, phase 2 retails and shopping mall is crucial
AMINT
post Jul 29 2013, 09:58 PM

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Apa susah. Ioi city mall is quite near ma. Gsc and parkson already signed in. Rumoured to be as big as mid valley
bukithot
post Jul 29 2013, 10:00 PM

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QUOTE(peri peri @ Jul 29 2013, 09:55 PM)
Yeah, i believe nowaday new cinema is promising. Thats why if SR manage to provide a quality cinema, whole kajang gameplay will be different. Dont forget, the metro point is doing quite weak. Hence, phase 2 retails and shopping mall is crucial
*
+1

So TGV or GSC? Haha. Retail tenants are crucial... if just attract so-so tenants ... will end up to be just a neighbor hood mall only.
So how many biji you sapu this time? drool.gif
szenyee
post Jul 29 2013, 10:03 PM

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QUOTE(AMINT @ Jul 29 2013, 09:58 PM)
Apa susah. Ioi city mall is quite near ma. Gsc and parkson already signed in. Rumoured to be as big as mid valley
*
you mean IOI City Mall?

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