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Investment LUMI TROPICANA RESIDENCES | LUMI SOHO [OT], From the Designers of The Capers

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jcvstlys
post Sep 10 2015, 11:08 AM

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QUOTE(mthc @ Sep 10 2015, 08:25 AM)
Lol. U comparing Grande to Lumi. Do u know what's the absolute amount and diff per sq fr size from grande to lumi? Bigger units usually fetch lower per sq fr rental.

How do u know there will be 50% units to be rented out?
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Just an example. You can adjust % accordingly

QUOTE(aspartame @ Sep 10 2015, 08:26 AM)
Wah, I would like to know which condo so good one? hmm.gif I think 2.5k fully furnished more like it lah. Dont talk about those ID design finishing.
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Cascades. That's the latest in KD

QUOTE(mthc @ Sep 10 2015, 08:27 AM)
Haha u comparing casa to lumi? U should consider taking newer developments.

I mean no offence to casa owners.

Anyway bro.. I will remember tagging u here as we can take tropicana avenue 2 bedder directly into comparison as it is the most updated apple to apple comparison to Lumi.

Do u agree? We will know the answer in months to come.
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Yeap definitely. Best comparison since both in Tropicana and new. Or can take Ara Green (slightly further so can put some %difference in expectation)

QUOTE(Babizz @ Sep 10 2015, 08:37 AM)
Rentability will be examined soon with Tropicana Avenue.. Casa is a mid end prop while this is supposed to be high end/lux prop..
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Well there's 2 ways of looking it. I'm just referring it based on demand. We got so much "high end" tenants?
mthc
post Sep 10 2015, 11:11 AM

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What's the price for 800 sq ft here after disc if it's indicative starting price is 760k?
LTG
post Sep 10 2015, 11:50 AM

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QUOTE(mthc @ Sep 10 2015, 08:27 AM)
Haha u comparing casa to lumi? U should consider taking newer developments.

I mean no offence to casa owners.

Anyway bro.. I will remember tagging u here as we can take tropicana avenue 2 bedder directly into comparison as it is the most updated apple to apple comparison to Lumi.

Do u agree? We will know the answer in months to come.
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casa block E just handover less than 1 year .. still consider new.

casa indah 2 is newer than casa indah 1 but casa indah 1 is better than 2 .

laugh.gif

elfness
post Sep 10 2015, 11:57 AM

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Riana green is a good buy now
Less than 600 psf
With 3 car parks some more
jcvstlys
post Sep 10 2015, 05:38 PM

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QUOTE(elfness @ Sep 10 2015, 11:57 AM)
Riana green is a good buy now
Less than 600 psf
With 3 car parks some more
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3 c/p? Which unit? Or the bigger size ones? shocking.gif
Babizz
post Sep 10 2015, 08:48 PM

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QUOTE(LTG @ Sep 9 2015, 09:50 PM)
casa block E just handover less than 1 year .. still consider new.

casa indah 2 is newer than casa indah 1 but casa indah 1 is better than 2 .

laugh.gif
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i bliv he is talking abt the class/range of prop tht casa tropicana is in a diff league compared to lumi..
stick436
post Sep 10 2015, 09:30 PM

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Dear sifus

I'm planning to get a 2 bedder. Basically it's for short term own stay. When family grow bigger obviously have to get a bigger house. Thereafter this unit will be used for rental or sell off. (Currently staying with parents)

The price here is quite steep for me. Sort of stretching my limits but still can manage. Of course I hope to earn some profit in the future when disposing off.

What I like about this condo - concept is decent, possible convenience of lrt, above average neighbourhood.

Concerns - noise from highway n lrt, jam and the general slowdown in properties now.

Please share your thoughts. Thanks.
jcvstlys
post Sep 10 2015, 09:54 PM

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QUOTE(stick436 @ Sep 10 2015, 09:30 PM)
Dear sifus

I'm planning to get a 2 bedder. Basically it's for short term own stay. When family grow bigger obviously have to get a bigger house. Thereafter this unit will be used for rental or sell off. (Currently staying with parents)

The price here is quite steep for me. Sort of stretching my limits but still can manage. Of course I hope to earn some profit in the future when disposing off.

What I like about this condo - concept is decent, possible convenience of lrt, above average neighbourhood.

Concerns - noise from highway n lrt, jam and the general slowdown in properties now.

Please share your thoughts. Thanks.
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Noise: Get low-mid floor unit
Noise from LRT: Cant advice cause dono where and how the track go
Jam: Everywhere also jam
Slowdown in properties: Lumi 1 block sold so fast... Consider slow? Ponder about it tongue.gif
aspartame
post Sep 10 2015, 10:20 PM

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QUOTE(stick436 @ Sep 10 2015, 09:30 PM)
Dear sifus

I'm planning to get a 2 bedder. Basically it's for short term own stay. When family grow bigger obviously have to get a bigger house. Thereafter this unit will be used for rental or sell off. (Currently staying with parents)

The price here is quite steep for me. Sort of stretching my limits but still can manage. Of course I hope to earn some profit in the future when disposing off.

What I like about this condo - concept is decent, possible convenience of lrt, above average neighbourhood.

Concerns - noise from highway n lrt, jam and the general slowdown in properties now.

Please share your thoughts. Thanks.
*
Another concern would be the market place. I think they are selling those shops. Next time, sure to have some low end operators there. Prefer if it is a pure residential.
TSaccetera
post Sep 11 2015, 12:40 AM

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Project Info - Reconceptualised Lumi

Name: Lumi Tropicana

Brand: Lumi Collections

Location: Persiaran Tropicana, Petaling Jaya

Geography: Opposite the Tropicana Golf & Country Resort arch entrance, next to Menara Persoft / Menara Lien Hoe / Bangunan 3M / Damansara Fairway 3

Developer: Mayfair Ventures Sdn Bhd (a wholly-owned subsidiary of Thriven Global Bhd)

Land Area: 6.42 acres

Land Title: Commercial

Tenure: Leasehold

No. of Blocks: 4 towers of residences and 1 adjoined midrise of Soho and Retail

No. of Storeys: 4 towers of 35 storeys

No. of Units:
- 744 units of residences in 4 towers / 186 units per block
- 62 units of Soho suites
- Retail not for sale

Property Type: Service Apartments and Soho - both under HDA

Residence Sizes: 862 sf - 2,218 sf

Car Parking:
- 1-3 bays depending on sizes.
- Additional carpark can be purchased.

Accessory Parcels: To be stated clearly

Prices: RM9xxpsf onwards before sales package.

Maintenance Fees: proposed RM0.33psf inclusive sinking fund


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This post has been edited by accetera: Sep 11 2015, 10:16 PM
jcvstlys
post Sep 11 2015, 01:10 AM

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What would be the expected ROI? Since ur selling
mthc
post Sep 11 2015, 01:46 AM

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QUOTE(accetera @ Sep 11 2015, 12:40 AM)
Just sharing only: PTLM/Oriental is doing a private preview this Saturday 10am at developer office. We in collaboration with developer are giving a special downpayment incentive for limited time only.
Project Info - Reconceptualised Lumi

Name: Lumi Tropicana

Brand: Lumi Collections

Location: Persiaran Tropicana, Petaling Jaya

Geography: Opposite the Tropicana Golf & Country Resort arch entrance, next to Menara Persoft / Menara Lien Hoe / Bangunan 3M / Damansara Fairway 3

Developer: Mayfair Ventures Sdn Bhd (a wholly-owned subsidiary of Thriven Global Bhd)

Land Area: 6.42 acres

Land Title: Commercial

Tenure: Leasehold

No. of Blocks: 4 towers of residences and 1 adjoined midrise of Soho and Retail

No. of Storeys: 4 towers of 35 storeys

No. of Units:
- 744 units of residences in 4 towers / 186 units per block
- 62 units of Soho suites
- Retail not for sale

Property Type: Service Apartments and Soho - both under HDA

Residence Sizes: 862 sf - 2,218 sf

Car Parking:
- 1-3 bays depending on sizes.
- Additional carpark can be purchased.

Accessory Parcels: To be stated clearly

Prices: RM9xxpsf onwards before sales package.

Maintenance Fees: proposed RM0.33psf inclusive sinking fund
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Where's the developer office?
mthc
post Sep 11 2015, 01:49 AM

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QUOTE(jcvstlys @ Sep 11 2015, 01:10 AM)
What would be the expected ROI? Since ur selling
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Plus minus should be 20% in 5 years time for new development if is not abandon la
Babizz
post Sep 11 2015, 09:22 AM

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how many carparks fr d smallest unit..
TSaccetera
post Sep 11 2015, 09:59 AM

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QUOTE(jcvstlys @ Sep 11 2015, 01:10 AM)
What would be the expected ROI? Since ur selling
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Around 3.0 to 4.0%.

This post has been edited by accetera: Sep 11 2015, 10:01 AM
mthc
post Sep 11 2015, 10:06 AM

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QUOTE(accetera @ Sep 11 2015, 09:59 AM)
Around 3.0 to 4.0%.
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Hello where's the office? Interested.
jcvstlys
post Sep 11 2015, 06:02 PM

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QUOTE(mthc @ Sep 11 2015, 10:06 AM)
Hello where's the office? Interested.
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If not mistaken in TTDI
elfness
post Sep 13 2015, 01:39 AM

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QUOTE(jcvstlys @ Sep 10 2015, 05:38 PM)
3 c/p? Which unit? Or the bigger size ones?  shocking.gif
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1355 sqf
elfness
post Sep 13 2015, 01:40 AM

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Felt in love with this lumi. How I wish can own an unit here
propertybbb
post Sep 13 2015, 03:11 PM

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Ownstay...ok. rental...emmm...yield pathetic.

This post has been edited by propertybbb: Sep 13 2015, 03:11 PM

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