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Investment SUNWAY VELOCITY TWO @ JALAN PEEL, Sunway JV CRSC Prop Former Lemon Tree

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lionking7791
post Feb 21 2019, 11:11 PM

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QUOTE(soon9913 @ Feb 21 2019, 11:02 PM)
Is now chq more than 200 already?
Pm

Is it the leasehold land left 70years?
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Base on the update on Monday, already 180 cheques collected.

The leasehold land started last year, so should be 98 years++.

Are you interested? You can PM me, i can refer one of the nice Sunway sales agent to you.
lionking7791
post Mar 26 2019, 07:22 PM

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QUOTE(DesRed @ Mar 26 2019, 06:51 PM)
Own stay, bro. Using normal bank loan, but still processing atm. smile.gif

As for the unit choice, you can say that it's more to a 2nd choice, really. Initially, I liked the 1,044sf unit due to the symmetrical layout, but because the V-shape project which will block it in the future, I decided to wait for Block B's launch instead. Then comes the hard part, choose the 969sf facing to KL or Cheras. Chose the latter in the end to avoid being disappointed in the long run once that big empty plot is developed.

Oh well, at least I can still see the KL view when I go to the rooftop. thumbup.gif
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Which floor you made the booking?
lionking7791
post Apr 3 2019, 02:19 PM

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QUOTE(Bjorn1688 @ Apr 3 2019, 12:19 PM)
You attended LaSalle Peel Rd?

I used to live at the government quarters during my primary school days.

I used to ride my bicycle to the Queens Coffee shop all the time for tausa pau. Still operated by the same family but these days most of the older stalls have long since gone.

Most of the food that used to be famous aren't that good any longer or maybe am getting old and taste buds not as good as it used to be.

Still a favourite activity of mine is to drive to Pudu for claypot chicken rice and then go for a tausa pau for dessert.

Tried out a couple of those China styled steam boat places, sure way to empty the bank account.
People who are from Cheras will never live anywhere else other than Cheras while those who are from Pudu area will always swear by it that it is the best place to live. You could say this is the border between Cheras and Pudu.

According to the SAs, 80% of buyers intend to live in SV2 rather than rent it out. Many are from deeper parts of Cheras and are sick and tired of the nightmare commutes.

TRX development? As a buyer of SV2, I am mostly aiming for a China expat to rent it and most likely their work place would be TRX. The whole SV development has aims to attract China nationals, was told by a leasing agent that the mall has an ambitious aim to have a steamboat from every China province before 2020 and it will be the China nationals version of MK.

My hope? RM3k rental for my 2+1 unit at SV2. Hopefully that is not being too ambitious.
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RM3k rental for your 2+1 at SV2? 969sqft, the monthly installment is around 4.xK, so every month need to topup another 1K++. I don't think RM3k is good rental yield??

lionking7791
post Apr 3 2019, 03:33 PM

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QUOTE(Bjorn1688 @ Apr 3 2019, 03:02 PM)
Guess you were not there during the era of that infamous principal. smile.gif
Monthly for me for my unit is closer to RM2500 as am not taking a full loan.

I never do full loan for investment properties.
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I see, some property guru said, property investment should try to go for full loan 90%.
lionking7791
post Apr 21 2019, 10:07 AM

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QUOTE(icemanfx @ Apr 21 2019, 08:57 AM)
Many buyers have herd behaviour. The more people booked, the more likely they will follow. Many developers placed stickers on bumi quota units. It won't be surprised, 'bumi', 'loan reject', 'directors reserve', etc will be available in a few months time.
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Reserved for bumi lots can’t avoid. This is the traditional rules set by government to help bumi to buy property.

The developer will open up for other after certain periods if developer can’t sell to bumi and also need to pay for penalty.

For this project, I think loan reject rates will be low because developer offer rebate if sign spa on ballot day. Meaning that potential buyers already got loan accessment before ballot days.

This post has been edited by lionking7791: Apr 21 2019, 10:10 AM

 

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