QUOTE(kochin @ Jan 2 2018, 02:43 PM)
workmanship is above average
views are quite fantastic
security seems tight
maintenance fee is quite high. averaging approx rm0.45psf
semi completed environment awaiting tower c
half dead commies at front not really helping a lot
main entrance facing the PPR
and the ugly:
non fully operational condition but EW chooses to rush out VP to avoid LAD yet charging full quantum of service charge
some outstanding documents such as as-built not available yet (owner taking risk of renovating and puncturing conceal piping/wiring without the guide)
pre-determining indicative rental to be as low as RM2psf. giving a yield of less than 4% for avg RM650psf purchase price.
Thanks for sharing. Great to hear that the workmanship is above average, view is fantastic and the security is tight. That's exactly what an owner would expected for his/her purchase.
Regarding the bad and ugly comments, some are short-term problems, which can be solved within a few months. However, some of them are difficult or impossible to change.
(1) The high maintenance fee, which is RM0.45psf. Is there anything residents can do to lower the maintenance fee?
(2) Pre-determining indicative rental, which is as low as RM2psf. For a 1000sf unit, the rental income is only 2k. After minus the RM450 high maintenance fee, it's only RM1550. That's ridiculously low.
(3) The half dead commercial. EW has to work harder to get more tenants for their commies, especially after tower A & B's vp.