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Investment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel

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Zwean
post Apr 24 2020, 01:55 PM

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QUOTE(hazwan_zohdi @ Apr 24 2020, 01:01 PM)
So meaning to say that this 1 cochrane can split into many rooms to get rental above installment as long as the tenants not being an a-hole...nice.
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So many choices in Maluri. Why must One Cochrane?
bigman
post Apr 24 2020, 01:57 PM

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QUOTE(Zwean @ Apr 24 2020, 01:55 PM)
So many choices in Maluri. Why must One Cochrane?
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so many girls around...why your wife/gf is her?
Zwean
post Apr 24 2020, 01:58 PM

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QUOTE(bigman @ Apr 24 2020, 01:57 PM)
so many girls around...why your wife/gf is her?
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So many cars around, why must drive that car?
AskarPerang
post Apr 29 2020, 11:35 AM

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this project is freehold with restriction?
hazwan_zohdi
post Apr 29 2020, 12:28 PM

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QUOTE(AskarPerang @ Apr 29 2020, 11:35 AM)
this project is freehold with restriction?
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Yes, used to be leasehold.
gks
post Apr 29 2020, 01:29 PM

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FH with restriction....

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lowyatlau
post Apr 30 2020, 12:01 PM

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QUOTE(AskarPerang @ Apr 29 2020, 11:35 AM)
this project is freehold with restriction?
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What is the different between normal freehold and freedom restriction? Thanks in advance
gks
post Apr 30 2020, 03:23 PM

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QUOTE(lowyatlau @ Apr 30 2020, 12:01 PM)
What is the different between normal freehold and freedom restriction? Thanks in advance
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Normal Freehold no need consent to transfer. No bumi lots.

Freehold with restriction you need consent to transfer. This may pose an issue especially to bumi purchasers where their units may "perceived" as bumi lots..... Many examples in Cyberjaya.
lulu89
post Apr 30 2020, 03:42 PM

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Used to have discussion thread before

Forum links are attached


https://forum.lowyat.net/topic/3793725/all

This post has been edited by lulu89: Apr 30 2020, 03:45 PM
gks
post Apr 30 2020, 03:48 PM

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The net price after the latest rebate from developer is significantly cheaper than initial launch with is approximately RM950psf+/-. However despite the net price of RM700psf, you still have to pay absolute price of RM700K +/- for a two bedrooms unit in One Cochrane due to layout and absolute size.

Two bedrooms is probably suitable for young couples or with young kid however it is not a proper family setup unit.

As investment, you probably need to rent out the unit for RM3.5k to break even the cost. Would it be possible to rent out a two bedrooms for such price in Cochrane area? As comparison with Sunway Velocity 2, a two bedrooms which is 635sqft cost absolute price RM550K where they have flexibility to reduce their rental if necessary to compete.

As for future re-sale, to make meaningful gain, you need to sell for RM900k-1m. Would you willing to buy a 2 bedrooms apartment for RM900K?

I believe One Cochrane with initial price are not well received and not many units are sold. The current price against its initial price is not accurate reflection of its market price.

My 2 cents thought.




cy91
post Apr 30 2020, 05:13 PM

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QUOTE(gks @ Apr 30 2020, 03:48 PM)
The net price after the latest rebate from developer is significantly cheaper than initial launch with is approximately RM950psf+/-. However despite the net price of RM700psf, you still have to pay absolute price of RM700K +/- for a two bedrooms unit in One Cochrane due to layout and absolute size.

Two bedrooms is probably suitable for young couples or with young kid however it is not a proper family setup unit.

As investment, you probably need to rent out the unit for RM3.5k to break even the cost. Would it be possible to rent out a two bedrooms for such price in Cochrane area? As comparison with Sunway Velocity 2, a two bedrooms which is 635sqft cost absolute price RM550K where they have flexibility to reduce their rental if necessary to compete.

As for future re-sale, to make meaningful gain, you need to sell for RM900k-1m. Would you willing to buy a 2 bedrooms apartment for RM900K?

I believe One Cochrane with initial price are not well received and not many units are sold. The current price against its initial price is not accurate reflection of its market price.

My 2 cents thought.
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When 90% buyers are investor u are gonna have a bad time..
gks
post Apr 30 2020, 06:02 PM

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QUOTE(cy91 @ Apr 30 2020, 05:13 PM)
When 90% buyers are investor u are gonna have a bad time..
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Indeed as developer is giving high rebate.

A 3 bedrooms here will cost rm900k upwards after rebate.
roci
post Apr 30 2020, 06:09 PM

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QUOTE(lulu89 @ Apr 18 2020, 03:00 PM)
check your mailbox please  drool.gif  drool.gif  drool.gif
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Pm me too plzz
Nepo
post Apr 30 2020, 09:01 PM

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QUOTE(lulu89 @ Apr 18 2020, 03:00 PM)
check your mailbox please  drool.gif  drool.gif  drool.gif
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Pls pm
DesRed
post May 2 2020, 11:10 AM

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QUOTE(cy91 @ Apr 30 2020, 05:13 PM)
When 90% buyers are investor u are gonna have a bad time..
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In any recently completed project, there will be all sorts of people living there, but after 2 years of more, when a number of those investors flipped/sold their units or ended up in auction and purchased by more stable investors/owners, the quality of the residents will improve.
AskarPerang
post May 2 2020, 06:25 PM

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Ghetto_kid P
post May 7 2020, 09:32 PM

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QUOTE(lulu89 @ Apr 14 2020, 10:35 PM)
Ya, now FR is the white knight d

The construction now is about 70 - 80% cool2.gif
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Pm me
al_madd
post May 7 2020, 10:20 PM

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QUOTE(AskarPerang @ May 2 2020, 06:25 PM)
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what the fish man..rental rm3k?
mangoproperty
post May 8 2020, 11:13 PM

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What's the nett PSf ? PM

This post has been edited by mangoproperty: May 8 2020, 11:14 PM
hazwan_zohdi
post May 9 2020, 04:21 PM

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QUOTE(al_madd @ May 7 2020, 10:20 PM)
what the fish man..rental rm3k?
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Logic or not can fetch more than RM3k rental in jalan cockrain?

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