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Investment NOVUM @ SOUTH BANGSAR [OWNERS' THREAD], Could be most affordable in this area

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ryan@chua
post Jan 14 2016, 06:54 PM

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QUOTE(lee8899 @ Jan 14 2016, 06:07 PM)
Heard that it will be launching soon after cny. And there will be another round of price adjustment. Is that true?
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So many of launching. .lol... I think it had launched 1yr ago 2014. Meaning now is phase 3 or phase 4
ryan@chua
post Oct 28 2016, 01:29 AM

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QUOTE(hakamika @ Oct 22 2016, 06:56 PM)
Can I confirm that future novum will be block by buildings surrounding and can't see any view but opposite buildings?
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Check frm wikimapia then you can know
ryan@chua
post Nov 10 2016, 11:05 PM

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QUOTE(djvixx @ Nov 8 2016, 11:37 PM)
Front and back eventually will be blocked by ynh and tan & tan development that put me off.
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This project is for rental play (but high competitive got hotel and high density units surrounding) , not nice for own stay or subsale . that is fact

ryan@chua
post Nov 11 2016, 05:30 PM

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QUOTE(kennyphan @ Nov 11 2016, 04:10 PM)
agreed the view.
Meanwhile, many Klang valley zone also having same phenomenon!
But this Novum zone locate under mature corporate office zone.

Novum facade can play outstanding building and do believe easy eye-catching next to Federal Highway!
Proud to be stay there biggrin.gif

Another good point is very closed to Setia KL Eco City and Mid Valley City!
just 1 station to Abdullah Hukum and walking distance from LRT Station biggrin.gif
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Consider good already compare to many projects outside that simply promoted by property groups, property agents.

Now projects less of agents selling or silent are better than projects everyday can see in facebook, forum, blog, etc


ryan@chua
post Feb 20 2017, 10:59 PM

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QUOTE(goks @ Feb 20 2017, 11:31 PM)
just be clear why you are buying, dont be overly dependent on yield. Bangsar south collectively when developed will have >6K residence and togather with hill park over 10K residential units.

The real benefactors have been phase 1 Park view folks and those who held on at hillpark.

Southview & Novum are trying to capitalize on Freehold status which is great but neither have decent views or priced decently. If you are paying close to 700K for a 1 bedder and cannot get at least 3K for rent, then you will bleed on a negative cash flow. Secondly, such areas like BS, due to volume of units, letting go also becomes tough.

so you are stuck with a near 700K 1BR unit, negative yield and tough sale.

Perhaps look at other locations with sub sales if you are an investor. If you are a buyer, then it doesn't matter what shit you buy as its negative cash flow anyways.

Do an objective non emotional study and dont always take what you read in this forum as gospel truths, many people here have vested interests to make money out of you.
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ryan@chua
post Feb 13 2018, 11:31 PM

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QUOTE(restful increase @ Feb 14 2018, 12:16 AM)
A covered walkway to the lrt station will be helpful. Did the developer promised to construct a covered walkway?
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Never say will provide covered walkway
ryan@chua
post Feb 19 2020, 10:14 PM

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QUOTE(bobiq @ Feb 19 2020, 11:27 AM)
user posted image
user posted image

Just sharing.
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Water supply managed by civil consultants? I tot it shall by m&e consultants

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