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Investment HIGHPARK SUITES, KELANA JAYA [OWNERS' THREAD], By Gamuda Land. Opposite Paradigm Mall.
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davkong
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Feb 5 2018, 11:46 AM
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QUOTE(berrycoo~ @ Feb 4 2018, 11:38 PM) The 2 universities you mention are UNITAR and Vision College? These professionals are working where? Is there some big company nearby? Will 1.2k be hard to rent out? I was referring to UNITAR and Lincoln. Vision is also there but probably does not belong to the target group.
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natgeo28
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Feb 9 2018, 06:18 AM
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New Member
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interested in this project. worth buying for capital gain? thanks
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ahlonglong
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Feb 12 2018, 04:05 PM
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New Member
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QUOTE(Babizz @ Feb 5 2018, 07:10 AM) soxo in KLCC at 1040psf too near lrt suria klcc many offices hotels and hot-spot for airbnb. why pay so much for KJ soxo?? In my opinion, KLCC area SOxO mostly for tourist and airbnb purpose. HighPark is SOHO under HDA, mostly for PJ local (ownstay), working adults frm other place, rent by some lectures & UNI students. and then (Existing building) The Grand SOFO can proof it.
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jojo168
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Feb 12 2018, 04:30 PM
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Getting Started

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QUOTE(Babizz @ Dec 26 2017, 05:31 PM) for highrise, any gamadu project to use as an "apple" benchmark. can think of many for sunwai but gamadu only completed some very average highrise in KK Duplex living is greatly overvalued. Serene commercial sch h is a problem but highpark soxo is ok???? LH vs FH for highrise is not a major factor like landed. I think LH FH issue affects only investors, in terms of how soon they get the money after sold it. Value wise not really much nowadays.
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ryan@chua
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Feb 12 2018, 06:11 PM
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QUOTE(jojo168 @ Feb 12 2018, 05:30 PM) I think LH FH issue affects only investors, in terms of how soon they get the money after sold it. Value wise not really much nowadays. Lh average 20% lower than fh in market. If for long term rental then no issues
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myhouse
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Feb 12 2018, 06:23 PM
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There are high, medium & low range U with different demographics.
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jojo168
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Feb 13 2018, 11:21 AM
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Getting Started

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QUOTE(ryan@chua @ Feb 12 2018, 06:11 PM) Lh average 20% lower than fh in market. If for long term rental then no issues My experience is, the property value itself is decided by the demands. Even if it is freehold, same kind of property (next to each other) apple to apple comparison, the difference can be big gap. Imo, phase 2 is more suitable for own stay (home buyers). If for invest, phase 1 were much cheaper. This post has been edited by jojo168: Feb 13 2018, 11:22 AM
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1282009
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Feb 14 2018, 10:39 AM
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QUOTE(jojo168 @ Feb 13 2018, 11:21 AM) My experience is, the property value itself is decided by the demands. Even if it is freehold, same kind of property (next to each other) apple to apple comparison, the difference can be big gap. Imo, phase 2 is more suitable for own stay (home buyers). If for invest, phase 1 were much cheaper. Mind to share why phase 2 is more suitable for own stay?
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jojo168
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Feb 14 2018, 04:51 PM
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Getting Started

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QUOTE(1282009 @ Feb 14 2018, 10:39 AM) Mind to share why phase 2 is more suitable for own stay? Heard from the SA that phase two units come with partly furnished. If for own stay, regardless of prices, home buyers are buying location (and perhaps some furnishing). If for investors, they will calculate the % of their profit. (minimum capital maximum profit) Buying phases after earliest means making less/least $$$. Correct me if I am wrong. Just my 0.02 cents. This post has been edited by jojo168: Feb 14 2018, 04:57 PM
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tronto97
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Feb 25 2018, 04:58 PM
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New Member
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Any photo of the site progression? I went to their sale gallery last time. The price exceeds 1000 psf for unit with partly furnished. There is a 5 acre land for around 1000 units which provided a spacious greenery area combined with various facilities. It is good for own staying instead of investment.
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davkong
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Feb 26 2018, 11:23 AM
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QUOTE(tronto97 @ Feb 25 2018, 04:58 PM) Any photo of the site progression? I went to their sale gallery last time. The price exceeds 1000 psf for unit with partly furnished. There is a 5 acre land for around 1000 units which provided a spacious greenery area combined with various facilities. It is good for own staying instead of investment. South Tower reached around Level 30. North Tower still at Level 13 or so. Photo taken from LDP this morning.
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bb68
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Feb 26 2018, 11:58 AM
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I understand that the Giant in front is sold. any news of the redevelopment of that ?
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davkong
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Feb 26 2018, 01:53 PM
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QUOTE(bb68 @ Feb 26 2018, 11:58 AM) I understand that the Giant in front is sold. any news of the redevelopment of that ? Didn't hear of that. Any further info of the transaction?
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tronto97
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Feb 26 2018, 07:38 PM
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New Member
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I am also keen to know what redevelopment is going on? The progress of north tower seems not so obvious.
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guank
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Mar 3 2018, 02:15 PM
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New Member
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I heard from SA it costs around 480k for the studio type of north tower with partly furnished. Do you think is it worth buying? I am impressed of their green space design with GBI certification
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tronto97
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Mar 4 2018, 09:04 PM
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New Member
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though the price psft is really higher,than other condo among that area, the total price is still acceptable due to its limited area design like studio. Anyone know recently take-up rate of south and north tower ?
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natgeo28
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Mar 5 2018, 07:22 AM
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New Member
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what do you mean by lh and FH? thanks
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Zicoras1
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Mar 5 2018, 03:26 PM
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Getting Started

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Hi All, I have one nearby PJ5 Soho for sale 350sqft rented out at RM1300 a month. This is the highest rent you can get around that area. Above market value. Looking to sell at 315k. I would suggest whoever buys keep this tenant as you are not going to get any better or more reliable tenant. He has been staying for 5 years. Unlike Highpark this is Freehold  PM me if interested.
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ahlonglong
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Mar 5 2018, 03:56 PM
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New Member
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QUOTE(Zicoras1 @ Mar 5 2018, 03:26 PM) Hi All, I have one nearby PJ5 Soho for sale 350sqft rented out at RM1300 a month. This is the highest rent you can get around that area. Above market value. Looking to sell at 315k. I would suggest whoever buys keep this tenant as you are not going to get any better or more reliable tenant. He has been staying for 5 years. Unlike Highpark this is Freehold  PM me if interested. FYI, HighPark is Freehold too.
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Zicoras1
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Mar 5 2018, 07:39 PM
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Getting Started

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QUOTE(ahlonglong @ Mar 5 2018, 03:56 PM) FYI, HighPark is Freehold too. You are correct.
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