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

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joshua5255 P
post Dec 11 2021, 01:51 PM

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I visited the show gallery today, VP is in July 2022. I placed a refundable booking fees of 5k for type 5 facing the highway with KL view on 32nd floor with price after rebate of 890k for my own stay. It will be bare unit with the basic fittings + free air cond and water heater. For type 5, I am allocated 3 car park. The agent confirmed that the maintenance fees is 0.40 including sinking fund, unlike what I read from previous threads of 0.55.

PROS - location with covered walkway to MRT (I work in KL), residential, freehold, low density

Now I am a bit paranoid on the lack of take up rate of this project, I know type 1 and 7 are all sold out. While the rest are still selling, overall developer is throwing in almost 170k worth of rebates. Also, this developer seems to have very little reviews on their projects except for one failed Pr1ma project in Penang. Any owners/prospective buyers would like to discuss on this? Is it because of residential title thats why it's selling slower because KL properties are mainly aimed at investors who would like to rent them out as homestays? smile.gif Thank you in advance.
Jagalat
post Dec 11 2021, 02:11 PM

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QUOTE(joshua5255 @ Dec 11 2021, 02:51 PM)
I visited the show gallery today, VP is in July 2022. I placed a refundable booking fees of 5k for type 5 facing the highway with KL view on 32nd floor with price after rebate of 890k for my own stay. It will be bare unit with the basic fittings + free air cond and water heater.  For type 5, I am allocated 3 car park. The agent confirmed that the maintenance fees is 0.40 including sinking fund, unlike what I read from previous threads of 0.55.

PROS - location with covered walkway to MRT (I work in KL), residential, freehold, low density

Now I am a bit paranoid on the lack of take up rate of this project, I know type 1 and 7 are all sold out. While the rest are still selling, overall developer is throwing in almost 170k worth of rebates. Also, this developer seems to have very little reviews on their projects except for one failed Pr1ma project in Penang. Any owners/prospective buyers would like to discuss on this? Is it because of residential title thats why it's selling slower because KL properties are mainly aimed at investors who would like to rent them out as homestays? smile.gif Thank you in advance.
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It's has to go back to the original objective of booking.
If this is my own stay and l like it then why paranoid of the lack of take up rate?

If this is for my long term investment, pls review the nearby rental and see if it meets my goal of rental play. It it doesn't then cao.

If this is to flip and no lad to buffer then l better don't commit at all.

Just my view. No need to agree.





LexFei
post Dec 26 2021, 05:12 PM

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how much price for OC ? When Sunway will be launching the Cochrane project ?
agoodlistener
post Dec 27 2021, 03:03 AM

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I dont understand why the low floors have to face carparks.

If the carpark is pre-built there then too bad no way to overcome, but this one is planned this exact way to have the units face carpark.

This shows la lack of planning by the developer. No wonder take up slow.
SUSNoComment222
post Dec 29 2021, 08:46 PM

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QUOTE(Jagalat @ Dec 11 2021, 02:11 PM)
It's has to go back to the original objective of booking.
If this is my own stay and l like it then why paranoid of the lack of take up rate?

If this is for my long term investment, pls review the nearby rental and see if it meets my goal of rental play. It it doesn't then cao.

If this is to flip and no lad to buffer then l better don't commit at all.

Just my view. No need to agree.
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What is LAD?
Jagalat
post Dec 29 2021, 09:18 PM

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QUOTE(NoComment222 @ Dec 29 2021, 09:46 PM)
What is LAD?
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https://forum.lowyat.net/topic/3648832/+3383
SUSNoComment222
post Dec 29 2021, 11:12 PM

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QUOTE(Jagalat @ Dec 29 2021, 09:18 PM)
Yeah LAD as suspected. Read through the thread, alot of good and some bad. Do you think it will go down to 800 psf? I no bullets
AskarPerang
post Jan 3 2022, 04:36 PM

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user posted image
tongyk
post Jan 4 2022, 11:21 PM

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why this accetera introduced projects always go to Holland one?
kswee
post Jan 4 2022, 11:54 PM

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QUOTE(tongyk @ Jan 5 2022, 12:21 AM)
why this accetera introduced projects always go to Holland one?
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Feng shui 404#
Attached File  STRATA_HIGHRISE_3__1_.pdf ( 180.79k ) Number of downloads: 305

SBG.MJ
post Jan 5 2022, 12:52 AM

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QUOTE(kswee @ Jan 4 2022, 11:54 PM)
Feng shui 404#
Attached File  STRATA_HIGHRISE_3__1_.pdf ( 180.79k ) Number of downloads: 305

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Hi , what mean '' SENARAI PROJEK PERUMAHAN SWASTA YANG SAKIT SEHINGGA 22 DISEMBER 2021 '' ?

Thank you
cy91
post Jan 5 2022, 07:08 AM

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QUOTE(SBG.MJ @ Jan 5 2022, 12:52 AM)
Hi , what mean '' SENARAI PROJEK PERUMAHAN SWASTA YANG SAKIT SEHINGGA 22 DISEMBER 2021 ''  ?

Thank you
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Means the project sick already
vinceleo
post Jan 5 2022, 08:49 AM

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Next stage hopefully not will be projek terbelangkai

QUOTE(cy91 @ Jan 5 2022, 07:08 AM)
Means the project sick already
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cy91
post Jan 5 2022, 09:03 AM

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One cochrane also sakit?? I thought it is already near completion. Or developer (Boustead) no money already
Timmy Tan
post Jan 5 2022, 09:06 AM

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QUOTE(SBG.MJ @ Jan 5 2022, 12:52 AM)
Hi , what mean '' SENARAI PROJEK PERUMAHAN SWASTA YANG SAKIT SEHINGGA 22 DISEMBER 2021 ''  ?

Thank you
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It means developer does not manage to deliver VP within the period stated in the SPA and there is no significant construction activities at site for 6 months continuously.
zack.gap
post Jan 5 2022, 10:46 AM

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QUOTE(zack.gap @ Sep 28 2021, 11:09 AM)
Half a year since I checked on this project. According to brochures was supposed to be handover-ed to owners by April 2021. Passed by recently and could still see the scaffolding. Apa sudah jadi?
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I guess no progress since early 2021 then. Even with COVID extension developer should have edi completed by September but I guess the parent company is too busy with electing flying car ministers to even bother lol

https://www.freemalaysiatoday.com/category/...stead-chairman/
Win Win Inspiration
post Jan 5 2022, 03:28 PM

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QUOTE(AskarPerang @ Jan 3 2022, 04:36 PM)
user posted image
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8 CONLAY and TTDI Segaris are considered the high-end luxury projects right?
cy91
post Jan 5 2022, 03:56 PM

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QUOTE(Win Win Inspiration @ Jan 5 2022, 03:28 PM)
8 CONLAY and TTDI Segaris are considered the high-end luxury projects right?
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GG liao need to wait forever to get ur unit
SBG.MJ
post Jan 5 2022, 08:32 PM

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QUOTE(cy91 @ Jan 5 2022, 07:08 AM)
Means the project sick already
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Thank you , famous developer also sakit
SBG.MJ
post Jan 5 2022, 08:32 PM

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QUOTE(Timmy Tan @ Jan 5 2022, 09:06 AM)
It means developer does not manage to deliver VP within the period stated in the SPA and there is no significant construction activities at site for 6 months continuously.
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Thank you , famous project also sick

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