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Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai

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ecin
post Nov 25 2013, 04:47 PM

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QUOTE(owllim @ Nov 25 2013, 04:21 PM)
anyone LTV70 and stil go for dibs?
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why would you ask this? just wonder or what?
restful increase
post Nov 25 2013, 05:22 PM

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QUOTE(owllim @ Nov 25 2013, 04:21 PM)
anyone LTV70 and stil go for dibs?
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If u enjoy LTV 70%, ur better off WITHOUT dibs..
restful increase
post Nov 25 2013, 05:30 PM

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QUOTE(ecin @ Nov 25 2013, 02:40 PM)
will have good capital appreciation
=> high-risk speculation?

terrace house is the rental yield is poor
ur rental will nit b able 2 cover for ur mthly installment
=> what do you mean?
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To enjoy the capital appreciation, u may need to hold the terrace hse for 2 to 3 yrs after VP. If u buy new landed property near ktm or mrt, even better. Between landed property n high dense condo projects, I think the landed property will give better capital appreciation. Dont forget ekocheras is also highly dense with a whopping 1,800 units available upon VP. Competition will b keen to find tenants to occupy our units.
Jagalat
post Nov 25 2013, 05:50 PM

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QUOTE(restful increase @ Nov 25 2013, 01:46 PM)
I wont buy the existing old houses in cheras. Trend forward is to hv gated & guarded projects 4 security reasons n thr is only v limited projects in cheras on tis concept.  Look out 4 new terrace houses projects in semenyih & kajang. The new houses r mainly freehold n since they r new houses thr is less reno cost involved. I would prefer kajang over semenyih as thr r 3 new MRT stops in kajang. Semenyih has no MRT.  Nadayu 92, Kajang 2 and the tropicana heights@kajang will have good capital appreciation for their freehold landed terrace hse. The only downside for terrace house is the rental yield is poor n u need holding power for at least 5 years b4 u see ur inbestment pay off. In the meantime ur rental will nit b able 2 cover for ur mthly installment.
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Hello Restful Boss, Thank you for the useful info.

In terms of landed price order: Kajang 2, Nadayu 92, Tropicana heights(highest price due to Dijaya's background)

Nearest Jln Reko MRT station is ~4 km(per other forumers) from Kajang 2.
I interprete not a typical walking distance.

Nearest KTM Komuter station maybe the one at UKM?

I am off topic d...

owllim
post Nov 25 2013, 06:02 PM

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QUOTE(ecin @ Nov 25 2013, 04:47 PM)
why would you ask this? just wonder or what?
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ya juz wonder...with non-dibs u get 7% discount which is only slightly more than the progressive interest ur gonna pay, certain ppl wiv LVT70 might prefer dibs to leave the interest to the developer to pay, esp those staying at overseas, who might not be able to be notified of the 1st disbursement, so to them it saves troubles....any comment?
ecin
post Nov 25 2013, 06:29 PM

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QUOTE(owllim @ Nov 25 2013, 06:02 PM)
ya juz wonder...with non-dibs u get 7% discount which is only slightly more than the progressive interest ur gonna pay, certain ppl wiv LVT70 might prefer dibs to leave the interest to the developer to pay, esp those staying at overseas, who might not be able to be notified of the 1st disbursement, so to them it saves troubles....any comment?
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yeah, that's logic! DIBS looks like a good option for your situation! alternatively, if still if you finally choose not to take DIBS, you can choose to take Full-Flexi loan, and dump in some money ahead (fyi, those excess has no interest paid to you by the way), you can check your account statements through online-banking, some hassles involved anyway

This post has been edited by ecin: Nov 25 2013, 06:39 PM
restful increase
post Nov 25 2013, 08:13 PM

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QUOTE(Jagalat @ Nov 25 2013, 05:50 PM)
Hello Restful Boss, Thank you for the useful info.

In terms of landed price order: Kajang 2, Nadayu 92, Tropicana heights(highest price due to Dijaya's background)

Nearest Jln Reko MRT station is ~4 km(per other forumers) from Kajang 2.
I interprete not a typical walking distance.

Nearest KTM Komuter station maybe the one at UKM?

I am off topic d...
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Kajang 2 has an upcoming ktm station that will connect you to an mrt station which is just one stop away. The ktm is located beside d upcoming mall which anchor tenant is likely jaya jusco. The developer will start constructing d ktm station in mac next year. This project is d closest to the mrt that I can think of.
restful increase
post Nov 25 2013, 08:18 PM

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QUOTE(ecin @ Nov 25 2013, 06:29 PM)
yeah, that's logic! DIBS looks like a good option for your situation! alternatively, if still if you finally choose not to take DIBS, you can choose to take Full-Flexi loan, and dump in some money ahead (fyi, those excess has no interest paid to you by the way), you can check your account statements through online-banking, some hassles involved anyway
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If ur an overseas buyer better go 4 dibs n dont worry abt the hassle..
ecin
post Nov 25 2013, 09:03 PM

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restful increase bro, I just wonder so I asked but you didn't share further:

terrace house is the rental yield is poor
ur rental will nit b able 2 cover for ur mthly installment
=> what do you mean?
restful increase
post Nov 26 2013, 12:04 AM

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QUOTE(ecin @ Nov 25 2013, 09:03 PM)
restful increase bro, I just wonder so I asked but you didn't share further:

terrace house is the rental yield is poor
ur rental will nit b able 2 cover for ur mthly installment
=> what do you mean?
*
Its my observation that rental for landed properry is generally lower than condo. This is especially true if the house is not a gated n guarded n does not hv a clubhse with facilities. Desa park city terrace hses enjoys very good capital aporeciation n also reasonablev rental yield as its gated, guarded, has clubhse n surrounded by park & eateries coupled with international school. But if its just a terrace hse without these security features n amenities a terrace hse may only fetch rm1,500 pm while the sale price price is rm600k in kajang for example. My friend is renting a 3,000 sq ft ungated n unguarded terrace hse in ampang for rm2,500 pm. The hse market value is rm850k. Which enforces my observation in today's sale prices its increasingly diff 4 mthly rental to pay fully 4 ur mthly installment. But go long term ie 10 yrs the capital appreciation of a terrace hse in nadayu 92 or kajang2 would outstrip any soho unit in our high dense ekocheras. I could b wrong. This is just my 2 cts view.
Jagalat
post Nov 26 2013, 08:00 AM

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QUOTE(CaptainCool @ Nov 25 2013, 12:06 PM)
i haven't sign but SA already advised to get ready the balance 3% which is only 6k plus as i told her i'm not taking DIBS.
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Hello Captain Boss, All eyes on you now. All the best. thumbup.gif
CaptainCool
post Nov 26 2013, 08:30 AM

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QUOTE(Jagalat @ Nov 26 2013, 08:00 AM)
Hello Captain Boss, All eyes on you now. All the best. thumbup.gif
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Lol,stressssss....hahaha
veejin
post Nov 26 2013, 09:47 AM

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QUOTE(CaptainCool @ Nov 26 2013, 08:30 AM)
Lol,stressssss....hahaha
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CaptainCool...all the best rclxms.gif rclxms.gif thumbup.gif thumbup.gif
ecin
post Nov 26 2013, 10:54 AM

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QUOTE(restful increase @ Nov 26 2013, 12:04 AM)
Its my observation that rental for landed properry is generally lower than condo. This is especially true if the house is not a gated n guarded n does not hv a clubhse with facilities. Desa park city terrace hses enjoys very good capital aporeciation n also reasonablev rental yield as its gated, guarded, has clubhse n surrounded by park & eateries coupled with international school. But if its just a terrace hse without these security features n amenities a terrace hse may only fetch rm1,500 pm while the sale price price is rm600k in kajang for example. My friend is renting a 3,000 sq ft ungated n unguarded terrace hse in ampang for rm2,500 pm. The hse market value is rm850k.  Which enforces my observation in today's sale prices its increasingly  diff 4 mthly rental to pay fully 4 ur mthly installment. But go long term ie 10 yrs the capital appreciation of a terrace hse in nadayu 92 or kajang2 would outstrip any soho unit in our high dense ekocheras. I could b wrong. This is just my 2 cts view.
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yeah, Strata Title DPC was doing not bad, anyway many high-rises outperform it.
rm1,500 pm while the sale price price is rm600k is considered good for Landed, I wonder for how long to look for new Tenant.

It's solely an Impression of some people thinking that Capital appreciation of Landed is higher, please based on %.
I've experienced myself, the true fact = exactly the outcome similar to this https://forum.lowyat.net/index.php?showtopic=2992891&hl=
Anyway, you should try it out yourself rather than purely rely on hearsay, then whatever you'll learn something after all, you'll be able to see more details that you never think before.

Let's get back to the central point of this thread; you could open a new thread asking for more advises if really you keen on it.

Good Luck!



ecin
post Nov 26 2013, 10:55 AM

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QUOTE(CaptainCool @ Nov 26 2013, 08:30 AM)
Lol,stressssss....hahaha
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No. 1 !! flex.gif thumbup.gif
CaptainCool
post Nov 26 2013, 10:59 AM

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thanks thanks.....lol, will do my best!!!
soon9913
post Nov 26 2013, 11:25 AM

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QUOTE(CaptainCool @ Nov 26 2013, 10:59 AM)
thanks thanks.....lol, will do my best!!!
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Kindly update...! flex.gif icon_idea.gif
CaptainCool
post Nov 26 2013, 11:33 AM

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last call, what to ask ady a? about the mall....and?
Glcotan
post Nov 26 2013, 11:42 AM


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QUOTE(CaptainCool @ Nov 26 2013, 11:33 AM)
last call, what to ask ady a? about the mall....and?
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missed out lots of action while oversea..
captain signing today?
CaptainCool
post Nov 26 2013, 11:52 AM

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QUOTE(Glcotan @ Nov 26 2013, 11:42 AM)
missed out lots of action while oversea..
captain signing today?
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Yes tan kor,otw going now.

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