Why wan to stay near IKEA?
Would one cochrane residents buy furniture every week?

What kind of good feel? Ikea will bring crowds weekdays and weekends

If you are not buying furniture every week, you would be bumper to bumper with crowds. You better pray residents and malls crowds are having dedicated ingress/egress.

The unit layouts are horrible for the price range. The developer really need to engage much better architect for the job.

Also the detached carpark block from main residential blocks another turn off.

All the best One Cochrane.

Personally I do not think it is pricing issue. It is product issue here. For a start.. they better revise the unit layouts.

The biggest issue with this project is the layout and IMO.. with the price (psf), they need to totally revamp the layout.

It seems that SVTwo will be selling lower price than 1Cochrane...

That's not correct.

All renovation plan for stratified development must get approval from management office.

Also any development is approved with certain density and plot ratio. Basically illegal renovation can be unlawful in the eyes of the strata act.

JMB may not wake up with the consequence of this but once development is filled up, and too many owners doing this to maximise rental, the condo will be ended up like hostel. Too heavy traffic, long waiting time for lift, damaged facilities. Furthermore this Zizz is 1500 units development, not 500units. Classic example menara one city.

Anyway greed knows no bound. Good luck all owners.

This post has been edited by gks: Apr 24 2020, 12:05 PM

FH with restriction....

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.

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.

Indeed as developer is giving high rebate.

A 3 bedrooms here will cost rm900k upwards after rebate.

The best part is residential block facing medium cost apartment next door and carpark block facing IKEA.

From this already know the architect fail big time.

Why are you guys surprise?

Just partition it to 5 rooms and rent out to fresh chics that otherwise operate in rundown flats just behind it