Just bought a unit in Bukit OUG condo because it is still one of the cheapest per sq feet condo ard in Klang valley, with a lot of underlying potential still for appreciation though the price has escalates recently.. Just feel great to join the community there! ^^

Block 13-A, 1220sq ft..

Nope, 395k.. Got unit selling 380k?

Bro, nowadays if you can get below 400k is already considered cheap, looking through the list in iproperty or property guru ppl are shouting for 400-450k for similar unit. Unless i think those facing lrt should be cheaper lo. No choice lo it's more expensive compared to few years back due to the almost-finishing LRT and the crazy property years from 2009-2013, but still it is one of the cheapest condo in the whole Klang Valley.

Really ah? Cause the agent told me PBB give higher loan, even asking me if i wanna mark up the price to get 100% loan. But like if u say the last few transactions are in the range of rm350-380k, the bank evaluates based on that too right? Wuwu, hopefully no prob with the loan la, still dealing with it. If not can't be ur neighbour there d bro, haha.

Agree with that, the empty shop lots are really an eyesore. But still I believe there are rooms for improvement if only the management is willing to put in more effort. If the number of shops are too many to rent out all, just cut down on the number by making each units more spacious. The management should also target the tenants it wants based on the demand of the residents such as cybercafe, light musics pub with TVs for football matches perhaps, center for yoga/dance classes, mini library, home repairing services etc which could be sustained by its over thousand units of residents alone. This does not only lift the whole chemistry and value of the condo up, but also a great place for the residents to gather. Moreover, renting out means more income for the management instead of letting them rot. Actually i quite like the idea of the commercial level with bukit oug condo like a small town of thousand units, you rarely find such concept in other condos apart from serviced apartment which is a different story. Anyway, just hope for better changes to come! 👍

But if we really want to open the shop lots to outsiders too, we have to really tighten up the security. This involves putting up gates at each lift entrance so that only residents with access cards get to enter the lift area. And also fencing up the whole car park as well as garden and pool area so that only residents with cards can use the facilities. This will attract more tenants for the shops as there will be more customers flow plus the upcoming LRT furthermore, but again security for residents will be compromises if not properly planned.

Any idea when is the next meeting with the management going to be?

Bro 22222222, was the meeting with management held yesterday?

This post has been edited by dendron: May 12 2014, 12:08 AM

I think you can try asking Public Bank, they are the only bank so far I know willing to deal with condo like BOUG with unsettled land title issue. By the way any ideas what were mentioned in the latest meeting the other day?

Actually the bank evaluation for BOUG is catching up with the market value.. I just got bank loan approval from 2 banks with 90% margin despite the land title issue.. Just a matter of time before the price going up further..

Ya bro you are right about the banks. I bought mine at 395k bro. Refinancing for another property? Hehe..

This post has been edited by dendron: May 23 2014, 06:34 PM

BBB, I'm sure BOUG still got potential for further upside.. ^^

I think sooner or later the management has to take back the commercial lots so that it can plan properly the shops to be opened there. It won't benefit much to individual owners as the market is just the residence there. Hope some changes are carried cause currently the shops are eyesore to the whole condo. But all in all, BOUG still has lots of rooms for improvement = more room for appreciation! 👍

Hmm I think the analogy is hard to apply here.. Just feel that having a centralised mx to manage all the shop lots will be far more effective and systematic rather than all the shop lots being vacant now and all depending on the individual owners.. Just my 2 cents!

Compare it to a serviced apartment whereby the mx control the shop tenants and those that do not, you can clearly see the difference.. Similarly for shopping malls like MV, 1U etc compared to Sg Wang and Times Square..

It gonna happen sooner or later.. We'll see..

I'm still thinking whether to use the room as bedroom or study room or storeroom.. Planning to rent the house out though, maybe will let the tenant decides..

My unit is facing the garden, not sure how does the LRT noise gonna affect too.. By the way bro, what does a JMB member have to do?

Here you go wilson!


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