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

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TSaccetera
post Dec 27 2013, 02:01 PM, updated 4y ago

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CADANGAN LANDSKAP BAGI CADANGAN PEMBANGUNAN PERNIAGAAN: (1) 4 BLOK PANGSAPURI SERVIS 35 TINGKAT (744 UNIT) DI ATAS 4 TINGKAT PODIUM YANG MENGANDUNGI SOHO (62 UNIT), KEDAI, KEMUDAHAN REKREASI DAN TEMPAT LETAK KERETA (2)1 BLOK TEMPAT LETAK KERETA 7 TINGKAT DAN KEMUDAHAN DI TINGKAT ATAS DI ATAS LOT 212 DAN LOT 213, PERSIARAN TROPICANA, PJU 3, MUKIM DAMANSARA, DAERAH PETALING, SELANGOR DARUL EHSAN UNTUK TETUAN MAYFAIR VENTURES SDN BHD


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Mulpha Land to develop RM700mil service apartments in Tropicana
The StarProperty | June 6, 2013 | 327 Views | Topic : Property News.
http://www.starproperty.my/index.php/artic...s-in-tropicana/

The project site fronts Tropicana Golf and Country Club.

KUALA LUMPUR: Mulpha Land Bhd’s unit Mayfair Ventures Sdn Bhd has acquired two adjacent parcels of leasehold land for RM116.1mil cash to develop into a mixed commercial development with a gross development value (GDV) of about RM700mil.

In a filing with Bursa Malaysia, Mulpha Land said Mayfair acquired the land measuring 6.41 acres from Tropicana Gold & Country Resort Bhd, a wholly-owned subsidiary of Tropicana Corp Bhd. “Upon completion of the proposed acquisition, Mayfair Ventures intends to develop the land for mainly service residences,” Mulpha Land said.

“The lands are situated on Persiaran Tropicana fronting the Tropicana Golf & Country Club. The immediate surrounding area of the lands consists of a golf course, matured residential dwellings and commercial developments.”

The sale and purchase agreement is targeted for completion in the 4th quarter of 2013, and is expected to generate a net gain of RM87.0 million for Tropicana Group, said Tropicana in a release.

Tropicana Group CEO Dato’ Yau Kok Seng, said, “We are extremely pleased to announce this sale. The pricing of approximately RM416 per square foot is a fair level for us to crystallise the value of these land parcels. This transaction is in line with Tropicana’s strategy to unlock the significant value of our Group’s landbank, and to further degear our balance sheet.”

This post has been edited by accetera: Sep 15 2022, 12:55 PM
hondaracer
post Dec 28 2013, 02:15 AM

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wowwww.... Looks like the tunnel under NKVE fronting Tropicana golf course will be more jam 😎😎
Wiredx
post Dec 28 2013, 07:18 AM

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Very poor town planning
TSaccetera
post Sep 2 2014, 09:49 AM

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Designed by the designers of The Capers.

user posted image
corleone74
post Sep 2 2014, 10:02 AM

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QUOTE(accetera @ Sep 2 2014, 09:49 AM)
Designed by the designers of The Capers.

]
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bro accetera, do you know the exact site?

This post has been edited by corleone74: Sep 2 2014, 10:03 AM
TSaccetera
post Sep 2 2014, 11:46 AM

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QUOTE(corleone74 @ Sep 2 2014, 10:02 AM)
bro accetera, do you know the exact site?
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Next to Menara 3M, Menara Persoft and Menara Lien Hoe
Chris Chew
post Sep 2 2014, 11:48 AM

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QUOTE(accetera @ Sep 2 2014, 09:49 AM)
Designed by the designers of The Capers.

user posted image
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Ohh, this is great.

Wondering wat are the sizes.
corleone74
post Sep 2 2014, 01:00 PM

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QUOTE(accetera @ Sep 2 2014, 11:46 AM)
Next to Menara 3M, Menara Persoft and Menara Lien Hoe
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ah right.. OK, thanks!
butthead76
post Sep 2 2014, 01:21 PM

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Actually could be good location as future possibly LRT 3 passing with station at aman suria and merchant square......but too far to walk....
LTG
post Sep 2 2014, 02:00 PM

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LRT 3 ... another 10 year
LTG
post Sep 2 2014, 07:41 PM

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QUOTE(frozenne @ Sep 2 2014, 07:14 PM)
Small road go sunway giza station quite near.
Come out from tropicana indah and casa indah side.
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that is MRT tropicana garden,
LRT 3 in dataran prima and it can be walking distance , depend where there build the station
bunko
post Sep 3 2014, 11:59 AM

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Tropicana is sooo jam nowadays. There's a new international school near the pondok polis there.
LTG
post Sep 3 2014, 01:42 PM

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QUOTE(bunko @ Sep 3 2014, 11:59 AM)
Tropicana is sooo jam nowadays. There's a new international school near the pondok polis there.
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chinese school there also causing a big jam when schooling hour.

katijar
post Sep 3 2014, 02:55 PM

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inb4: no jam no "wong"
TSaccetera
post Nov 16 2014, 04:26 PM

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At RM8xx psf.... this sounds like a great deal compared to Cyperus?
PeriPeri2014
post Nov 16 2014, 04:31 PM

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QUOTE(accetera @ Nov 16 2014, 04:26 PM)
At RM8xx psf.... this sounds like a great deal compared to Cyperus?
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all Tropicana property come out min 800psft ++ ?? haizz yawn.gif yawn.gif
Chris Chew
post Nov 16 2014, 06:08 PM

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QUOTE(spcx @ Sep 19 2014, 08:12 PM)
7% rebate, FREE SPA and Loan Legal fee
Comes with 31 facilities, with futsal court, putting greens, roller blade park, rock climbing and a nest rest hanging lounge (can sleep and relax like a burung)
24 hours concierge service
Shuttle bus to MRT
House keeping service for the lazy ones
Superb development concept, perfect for family with kids

Sizes from 850sf, 2 bedroom
Price from RM8XXpsf

Want to know more and grab a GOOD unit before the rest? PM ME la apa lagi! smile.gif
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Mulpha appointed agency to market this for them?

What are the other sizes other than 850 sf?

With such size with 2b, RM 8xx psf seems goodie esp with 7% rebates. Unless from RM 899 psf onwards.

Is this 4 years construction project?

Minolta
post Nov 17 2014, 12:22 AM

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QUOTE(accetera @ Nov 16 2014, 04:26 PM)
At RM8xx psf.... this sounds like a great deal compared to Cyperus?
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This one oso 8xx/sf, Cyperus a way better buy albeit more expensive!
spcx
post Nov 21 2014, 10:11 PM

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This has not been launched yet, I'm very sure the price will go up after launch. If you're REALLY interested please drop me a PM, I'll point you to the right person.

And no, I won't be sending more info to you over PM / Email, if you're really really keen then an appointment can be arranged. wink.gif
PeriPeri2014
post Nov 22 2014, 10:02 AM

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QUOTE(spcx @ Nov 21 2014, 10:11 PM)
This has not been launched yet, I'm very sure the price will go up after launch. If you're REALLY interested please drop me a PM, I'll point you to the right person.

And no, I won't be sending more info to you over PM / Email, if you're really really keen then an appointment can be arranged. wink.gif
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hahahha....got showroom liao??
Babizz
post Nov 27 2014, 12:30 PM

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why Lumi tropicana so quiet? good deal mah..like the location.. a lot of JAM JAM JAM haha.. units facing tropicana should be really worth it!
Kicimiao66cc
post Nov 27 2014, 03:59 PM

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QUOTE(accetera @ Nov 16 2014, 04:26 PM)
At RM8xx psf.... this sounds like a great deal compared to Cyperus?
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899psf for 1500sf maybe?

LTG
post Nov 27 2014, 04:05 PM

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grande will be good deal in term of psf
spcx
post Nov 29 2014, 11:57 PM

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QUOTE(LTG @ Nov 27 2014, 04:05 PM)
grande will be good deal in term of psf
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Grande min size is 2300sf.. I really like grande too, but ehem.. cheapest 1.7M+ (not sure if can still find at this price).. can't afford la.

This post has been edited by spcx: Nov 29 2014, 11:58 PM
spcx
post Nov 30 2014, 12:00 AM

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QUOTE(Babizz @ Nov 27 2014, 12:30 PM)
why Lumi tropicana so quiet? good deal mah..like the location.. a lot of JAM JAM JAM haha.. units facing tropicana should be really worth it!
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No APDL ma.. Can't advertise. I like the concept alot, the killer feature of this place has got to be the facilities.
Babizz
post Dec 1 2014, 03:19 PM

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QUOTE(spcx @ Nov 29 2014, 10:00 AM)
No APDL ma.. Can't advertise. I like the concept alot, the killer feature of this place has got to be the facilities.
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how many units u bought? or r u an agent? i think this is value for money la!
spcx
post Dec 1 2014, 05:17 PM

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QUOTE(Babizz @ Dec 1 2014, 03:19 PM)
how many units u bought? or r u an agent? i think this is value for money la!
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Bro I am an agent la, and I live nearby this area, drive pass this dev everyday. lol. The tunnel there memang jam at peak hours, but same goes to every other area in Tropicana / KD during peak hours.

But in terms of the concept, it's really good, the facilities are probably one of the best if not the best in this area.

as for myself, no money to buy la brother.. loan confirm reject. lol

This post has been edited by spcx: Dec 1 2014, 05:18 PM
LTG
post Dec 1 2014, 05:30 PM

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msc status office just next to it ler ~
Babizz
post Dec 1 2014, 11:58 PM

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QUOTE(spcx @ Dec 1 2014, 03:17 AM)
Bro I am an agent la, and I live nearby this area, drive pass this dev everyday. lol. The tunnel there memang jam at peak hours, but same goes to every other area in Tropicana / KD during peak hours.

But in terms of the concept, it's really good, the facilities are probably one of the best if not the best in this area.

as for myself, no money to buy la brother.. loan confirm reject. lol
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Haha got it! LTG kor, why dun u upgrade to this condo? looks nice
LTG
post Dec 2 2014, 12:19 AM

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casa tropicana view cant be replaced whistling.gif whistling.gif whistling.gif


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hondaracer
post Dec 6 2014, 10:40 AM

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Any info?
Babizz
post Dec 13 2014, 11:46 PM

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I'm posting this here as the article mentions Tropicana:

LRT 3 Updates:

PRASARANA Malaysia Bhd will start dishing out major work packages of the RM9bil light rail transit line three (LRT 3), most probably from the beginning of the second half of next year, following the appointment of the project delivery partner (PDP) for the development.

“The LRT 3 from Bandar Utama to Klang will span about 36km in length with 25 stations plus an underground station. It is understood that LRT 3 is crucial to serve the capital of the most industrialised state in the country, Shah Alam.”

It has been reported that from Bandar Utama, the line will go on to Tropicana before cutting across Hicom-Glenmarie Industrial Park, heading for Shah Alam via Section 13 near the Shah Alam Stadium, Universiti Teknologi Mara in Section 2 and i-City in Section 7. The line will then travel down to Bukit Raja to the Klang KTM Komuter station before heading further south for Bukit Tinggi and Johan Setia.

It is expected that LRT 3 will be operational in 2020, while the LEP for the Kelana Jaya Line will be completed by October 2016.

http://www.thestar.com.my/Business/Busines...2015/?style=biz
LTG
post Dec 14 2014, 11:07 AM

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station wont be walking distance , should near bayu puteri and PKR head office there
Babizz
post Dec 14 2014, 11:51 AM

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QUOTE(LTG @ Dec 13 2014, 09:07 PM)
station wont be walking distance , should near bayu puteri and PKR head office there
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I see.. the next station should be/could be Aman suria right?
LTG
post Dec 14 2014, 11:59 AM

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QUOTE(Babizz @ Dec 14 2014, 11:51 AM)
I see.. the next station should be/could be Aman suria right?
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should be lolz

if build LRT station beside lumi . tan sri and datuk datuk there sure complaint tongue.gif
Babizz
post Dec 14 2014, 12:05 PM

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QUOTE(LTG @ Dec 13 2014, 09:59 PM)
should be lolz

if build LRT station beside lumi .  tan sri and datuk datuk there sure complaint tongue.gif
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hahaha very true... tongue.gif tongue.gif
If lumi's price is good, would u move over?
LTG
post Dec 14 2014, 12:10 PM

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wont lolz , so far still happy in casa trop ~
dream still grande or tropicana garden ~
lumi is very good but no really facing golf ~ i like see green in early morning
Babizz
post Dec 14 2014, 12:28 PM

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QUOTE(LTG @ Dec 13 2014, 10:10 PM)
wont lolz , so far still happy in casa trop ~
dream still grande or tropicana garden  ~
lumi is very good but no really facing golf ~ i like see green in early morning
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I think grande more worth it if u dun need the MRT n mall... love ur view btw.. lumi only got bungalow view la n maybe a bit of golf haha
LTG
post Dec 14 2014, 12:45 PM

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grande very worth and nice but come with big maintaince fees....
tropicana garden too expensive now ~ phase 1 is BBB
Babizz
post Dec 14 2014, 12:59 PM

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QUOTE(LTG @ Dec 13 2014, 10:45 PM)
grande very worth and nice but come with big maintaince fees....
tropicana garden too expensive now ~ phase 1 is BBB
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true true.. ttyl..

waiting for the agent to PM me about Lumi
spcx
post Dec 20 2014, 06:08 PM

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QUOTE(Babizz @ Dec 14 2014, 12:28 PM)
I think grande more worth it if u dun need the MRT n mall... love ur view btw.. lumi only got bungalow view la n maybe a bit of golf haha
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Lumi is 35-storey high.. got golf view la... but.. can't beat Grande lo, it's just next to golf club leh. I really like Grande alot, but price is high coz of the min. size, maintenance also 700+. If only I can afford. haha
1282009
post Dec 24 2014, 01:03 AM

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Is Lumi falled under leasehold?


LTG
post Dec 24 2014, 01:08 AM

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tropicana dont have freehold land
spcx
post Dec 24 2014, 01:16 AM

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QUOTE(Babizz @ Dec 23 2014, 11:27 PM)
yaya thanks for the PM... no money for now la.. how the sales here..
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dont mind coming out to yam cha and show you la.. maybe you have friends who r interested wink.gif sales are mainly agency's investors or existing clients, coz can't advertise yet.

yeap.. here all leasehold, closest freehold land / property is Ara Damansara, not all are freehold though.

TSaccetera
post Dec 29 2014, 04:41 PM

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Share with me lah...
spcx
post Dec 30 2014, 01:56 AM

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QUOTE(accetera @ Dec 29 2014, 04:41 PM)
Share with me lah...
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can can! you should know about this project already, you're Patrick the Great! haha.
LTG
post Jun 19 2015, 02:52 PM

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lauch already?
TSaccetera
post Jun 21 2015, 12:59 PM

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Mulpha Land changes name to Thriven Global
The StarBiz | Friday, 19 June 2015
http://www.thestar.com.my/Business/Busines...obal/?style=biz

PETALING JAYA: Mulpha Land Bhd, which has seen the entry of new major shareholders since early last year, has changed its name to Thriven Global Bhd.

“The new name reflects our forward moving direction,” said executive chairman Datuk Fakhri Yassin Mahiaddin.

Group managing director Ghazie Yeoh Abdullah and executive director Datuk Low Keng Siong collectively own 46.67% of Thriven.

As part of the name change, the company will focus on growing its three business divisions – property development and investment, hospitality and lifestyle retail and facility management.

It also said it would generate recurring income streams by investing in retail, commercial offices and car parks, and collaborating with retail food and beverage operators and grocers to service its property assets and investments.

The company is aiming to raise its revenue to RM50mil this year from RM40mil last year.

Lumi Tropicana, a 744-unit serviced residence with 68 small office home office units and 30,000 sq ft of retail space, is to be built over six acres of land costing RM115mil.

Its other project Lumi Section 13, built over two acres and with a land cost of RM38mil, will have a gross development value (GDV) of RM240mil.

“Our next launch date is subject to market sentiments, but we are looking at the fourth quarter of 2015 to launch our Lumi Tropicana project,” Ghazie said.

The sales contribution from the Lumi residences, which would likely be launched in the fourth quarter of 2015, is expected to be significant to the group, Ghazie said.

A showroom for both Lumi Tropicana and Lumi Section 13 in Petaling Jaya is being constructed and will be ready by September this year.

TSaccetera
post Jul 9 2015, 12:56 AM

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LUMI TROPICANA

The first development in the Lumi Collection to make its debut is Lumi Tropicana - an urban cocoon of modern-day living right in the heart of Petaling Jaya. Lumi Tropicana is truly a place where lifestyle, leisure and business come together to form a community that is shaped by its residents.

Lumi Tropicana is home to:

1. 744 stylish residences, in two to three bedroom configurations, housed in four themed towers featuring hotel-styled concierge and housekeeping services

2. 62 SoHo units for those who desire a ‘work, live, play’ environment

3. A dynamic retail podium featuring cafes, a supermarket, and other leisure amenities


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zyde
post Jul 9 2015, 04:19 PM

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how much psf?
LTG
post Jul 9 2015, 04:27 PM

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really nice ~ how much and this comfirm next to LRT 3 rite

seanooi880327
post Jul 9 2015, 04:47 PM

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SOHO size from?

interesting,...
Babizz
post Jul 9 2015, 05:22 PM

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QUOTE(LTG @ Jul 9 2015, 02:27 AM)
really nice ~ how much and this comfirm next to LRT 3 rite
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very very nice but think the supermarket will struggle with T avenue having a supermarket as well right??
KimiLau
post Jul 9 2015, 06:59 PM

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QUOTE(Kyx @ Jun 22 2015, 10:48 PM)
Pls pm me. Thanks
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TS said if many pm posts, he will close this thread because this is his principle woh! Like the alam sanjung thread being closed! rclxm9.gif rclxms.gif
What a load of b........

This post has been edited by KimiLau: Jul 9 2015, 07:00 PM
Kyx
post Jul 9 2015, 07:05 PM

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Any update for this project?
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post Jul 9 2015, 07:37 PM

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Thriven has their own "lumi" collection
Section 13 & Tropicana Area
TSaccetera
post Jul 9 2015, 08:26 PM

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Price around 800++ psf

Think is quite fair price. But not final yet ya.



Note: Kindly refrain from PM me post. I dowan to see it appearing over few pages.

This post has been edited by accetera: Jul 9 2015, 08:27 PM
LTG
post Jul 9 2015, 09:08 PM

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bbb mode on?
kienhow
post Jul 13 2015, 01:26 PM

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Any ppl got road to buy?
feizaiII
post Jul 14 2015, 02:00 PM

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Fence up edy.
SPianz
post Jul 14 2015, 05:23 PM

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So many high rise development in Tropicana but no plan to upgrade access roads. Sigh sweat.gif
silentsunami
post Jul 14 2015, 06:45 PM

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QUOTE(SPianz @ Jul 14 2015, 05:23 PM)
So many high rise development in Tropicana but no plan to upgrade access roads. Sigh sweat.gif
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Now the tropicana area jammed up terribly, stay there also very stress now
mthc
post Aug 15 2015, 12:52 PM

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Starting price would be 760k for the 2 bedders.

Is this project connected to the LRT 3 station?

I think 3k rental per month here would be no issue.
keane04
post Aug 15 2015, 01:32 PM

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How much is the maintenance fee?
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post Sep 9 2015, 06:03 PM

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QUOTE(keane04 @ Aug 15 2015, 01:32 PM)
How much is the maintenance fee?
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Maintenance fee is RM0.33psf inclusive sinking fund . Pretty standard nowadays
jcvstlys
post Sep 9 2015, 08:18 PM

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QUOTE(mthc @ Aug 15 2015, 12:52 PM)
Starting price would be 760k for the 2 bedders.

Is this project connected to the LRT 3 station?

I think 3k rental per month here would be no issue.
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What makes you think so?
mthc
post Sep 9 2015, 09:47 PM

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QUOTE(jcvstlys @ Sep 9 2015, 08:18 PM)
What makes you think so?
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Why not
jcvstlys
post Sep 9 2015, 11:28 PM

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QUOTE(mthc @ Sep 9 2015, 09:47 PM)
Why not
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Locals dont have such pockets. I always put RM2500 rental max for local markets unless ur targeting foreign tenants.

Why u think can? Do share your view on the rental market

Just my 0.02.... Don shoot me icon_question.gif
mthc
post Sep 9 2015, 11:46 PM

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QUOTE(jcvstlys @ Sep 9 2015, 11:28 PM)
Locals dont have such pockets. I always put RM2500 rental max for local markets unless ur targeting foreign tenants.

Why u think can? Do share your view on the rental market

Just my 0.02.... Don shoot me  icon_question.gif
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Which area are u referring to? 2.5k rental in which area?

I have a 1 bedder unit rented out to a local for 2.4k in KD, fully furnished of cuz but it's very basic furnished la.. The 2 bedders here are going for 2.8k semi furnished.

I don't see why Lumi won't be able to fetch 3k rental given a tropicana address and a price tag of 800k for a 2 bedder unit. With an upcoming LRT 3 some more. 3k per month only gives 4.5% rental.yield. My rough guess would be minimum 3k for the 2 bedder. It is not ridiculously priced imo

This post has been edited by mthc: Sep 9 2015, 11:55 PM
LTG
post Sep 9 2015, 11:59 PM

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casa Tropicana can get RM 2500

http://www.propwall.com/classifieds/673510...by-nicole-chang
jcvstlys
post Sep 10 2015, 01:57 AM

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QUOTE(mthc @ Sep 9 2015, 11:46 PM)
Which area are u referring to? 2.5k rental in which area?

I have a 1 bedder unit rented out to a local for 2.4k in KD, fully furnished of cuz but it's very basic furnished la.. The 2 bedders here are going for 2.8k semi furnished.

I don't see why Lumi won't be able to fetch 3k rental given a tropicana address and a price tag of 800k for a 2 bedder unit. With an upcoming LRT 3 some more. 3k per month only gives 4.5% rental.yield. My rough guess would be minimum 3k for the 2 bedder. It is not ridiculously priced imo
*
2.5k generally for areas with not much expat presence.

Asking price is one thing, how many units transacted is another. I just think that generally their budget is only around RM2.5k for the commoners.

Yes 4.5% yield is a realistic expectation but it also depends on whether there's such demand.

700 units in LUMI. 50% investors looking to rent out. There have to be 350 families looking to rent at RM3000 and above. If a family allocate 20% for rental, their income would be 15k.

For example, Grande. Owners are asking 4% yield based on current market price. But units are still vacant for a long time. If you deduct opportunity cost lost,maybe 2-3% only.

I'm just looking at a overall market. Could be wrong.

maybe im just not up to date with the market biggrin.gif
jcvstlys
post Sep 10 2015, 02:00 AM

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QUOTE(LTG @ Sep 9 2015, 11:59 PM)
Most of the units in Casa are 2 bedroom and are only asking Rm2200 only. Cheapest i've seen 1700 rclxms.gif

Can refer to iprop to cross check. You should know as well since ur staying there.

I do agree there are units also transacting at higher price but you have to consider the probability of that happening..

This post has been edited by jcvstlys: Sep 10 2015, 02:02 AM
mthc
post Sep 10 2015, 08:25 AM

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QUOTE(jcvstlys @ Sep 10 2015, 01:57 AM)
2.5k generally for areas with not much expat presence.

Asking price is one thing, how many units transacted is another. I just think that generally their budget is only around RM2.5k for the commoners.

Yes 4.5% yield is a realistic expectation but it also depends on whether there's such demand.

700 units in LUMI. 50% investors looking to rent out. There have to be 350 families looking to rent at RM3000 and above. If a family allocate 20% for rental, their income would be 15k.

For example, Grande. Owners are asking 4% yield based on current market price. But units are still vacant for a long time. If you deduct opportunity cost lost,maybe 2-3% only.

I'm just looking at a overall market. Could be wrong.

maybe im just not up to date with the market  biggrin.gif
*
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?
aspartame
post Sep 10 2015, 08:26 AM

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QUOTE(mthc @ Sep 9 2015, 11:46 PM)
Which area are u referring to? 2.5k rental in which area?

I have a 1 bedder unit rented out to a local for 2.4k in KD, fully furnished of cuz but it's very basic furnished la.. The 2 bedders here are going for 2.8k semi furnished.

I don't see why Lumi won't be able to fetch 3k rental given a tropicana address and a price tag of 800k for a 2 bedder unit. With an upcoming LRT 3 some more. 3k per month only gives 4.5% rental.yield. My rough guess would be minimum 3k for the 2 bedder. It is not ridiculously priced imo
*
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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post Sep 10 2015, 08:27 AM

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QUOTE(jcvstlys @ Sep 10 2015, 02:00 AM)
Most of the units in Casa are 2 bedroom and are only asking Rm2200 only. Cheapest i've seen 1700  rclxms.gif

Can refer to iprop to cross check. You should know as well since ur staying there.

I do agree there are units also transacting at higher price but you have to consider the probability of that happening..
*
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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post Sep 10 2015, 08:28 AM

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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.
*
Cascades Residence
mthc
post Sep 10 2015, 08:30 AM

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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.
*
http://www.propwall.my/classifieds/6546361...t-by-daniel-gan

But pipu renting 3.1k more like it wor..

This post has been edited by mthc: Sep 10 2015, 08:31 AM
Babizz
post Sep 10 2015, 08:37 AM

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Rentability will be examined soon with Tropicana Avenue.. Casa is a mid end prop while this is supposed to be high end/lux prop..
aspartame
post Sep 10 2015, 09:47 AM

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QUOTE(mthc @ Sep 10 2015, 08:30 AM)
http://www.propwall.my/classifieds/6546361...t-by-daniel-gan

But pipu renting 3.1k more like it wor..
*
Fully furnished sure lah. Got asking 2.8k also fully furnished. that is reasonable. Definitely not 2.8k semi-furnished. You exaggerated! tongue.gif
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post Sep 10 2015, 11:00 AM

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QUOTE(aspartame @ Sep 10 2015, 09:47 AM)
Fully furnished sure lah. Got asking 2.8k also fully furnished. that is reasonable. Definitely not 2.8k semi-furnished. You exaggerated! tongue.gif
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Lol.. I didn't la. I know some of some units
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?
*
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.
*
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.
*
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..
*
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.
*
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
*
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
*
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.
*
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


» Click to show Spoiler - click again to hide... «


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
*
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
*
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%.
*
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
jcvstlys
post Sep 13 2015, 03:28 PM

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QUOTE(propertybbb @ Sep 13 2015, 03:11 PM)
Ownstay...ok. rental...emmm...yield pathetic.
*
Wouldnt u agree that "most" new developments give pathetic yield anyway sweat.gif
LTG
post Sep 13 2015, 07:06 PM

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No body know wat will happen for next 3-4 year but Comfirm jib gor still is pm, no luck for Msia property
jcvstlys
post Sep 13 2015, 09:07 PM

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jib gor got chance stay so long?
jinsailoo
post Sep 14 2015, 10:54 AM

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QUOTE(jcvstlys @ Sep 13 2015, 09:07 PM)
jib gor got chance stay so long?
*
yes, sianz about politic already.

PKR just want win in GE14 to include all the parties,

their want bebas anwar ASAP
aspartame
post Sep 14 2015, 01:20 PM

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QUOTE(propertybbb @ Sep 13 2015, 03:11 PM)
Ownstay...ok. rental...emmm...yield pathetic.
*
This does not make sense. So, you are saying, it is OK to be screwed by developers as long as it is for own stay? rclxms.gif No wonder developers simply sell at whatever prices and they are targeting first time home buyers and upgraders. icon_idea.gif
jcvstlys
post Sep 15 2015, 12:38 AM

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QUOTE(aspartame @ Sep 14 2015, 01:20 PM)
This does not make sense. So, you are saying, it is OK to be screwed by developers as long as it is for own stay?  rclxms.gif  No wonder developers simply sell at whatever prices and they are targeting first time home buyers and upgraders.  icon_idea.gif
*
How people screwed by developer? Willing buyer willing seller...
TSaccetera
post Sep 15 2015, 01:26 PM

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How well do you appreciate design, quality and curated lifestyle?



This post has been edited by accetera: Sep 15 2015, 01:27 PM
JChoo
post Sep 15 2015, 09:10 PM

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selling already?
jcvstlys
post Sep 15 2015, 09:40 PM

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QUOTE(JChoo @ Sep 15 2015, 09:10 PM)
selling already?
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One block sold liao... thumbup.gif
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post Sep 15 2015, 09:51 PM

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QUOTE(jcvstlys @ Sep 15 2015, 09:40 PM)
One block sold liao... thumbup.gif
*
Which block is sold?

Is the biz block sold?
TSaccetera
post Sep 15 2015, 09:57 PM

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Anyone interested to come in early bird (under the refreshed thriven team) and wanting to know more can talk to me.
wilson26
post Sep 16 2015, 10:32 AM

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Where this Lumi actual location? Near to Tropicana Garden?
Babizz
post Sep 16 2015, 12:19 PM

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QUOTE(wilson26 @ Sep 15 2015, 08:32 PM)
Where this Lumi actual location? Near to Tropicana Garden?
*
No its near menara lien hoe n ambank building (i knwo got 100 ambank buildings but dis one near tropicana)..

Opposite tropicana golf entrance.. http://wikimapia.org/#lang=en&lat=3.128794...umi%20tropicana

jcvstlys
post Sep 16 2015, 02:48 PM

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The junction where Tropicana GCC, Ara Damansara, & the road leading to Tropicana intersects.
ykhwee01
post Sep 21 2015, 05:41 PM

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Can i know when is this project complete? And where is the showroom?
yck1987
post Sep 21 2015, 05:54 PM

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QUOTE(ykhwee01 @ Sep 21 2015, 05:41 PM)
Can i know when is this project complete? And where is the showroom?
*
Thriven Global Berhad

Level 23A, Menara LGB

1, Jalan Wan Kadir

Taman Tun Dr. Ismail

60000 Kuala Lumpur

Office Hour : 9.00am – 5.30pm, weekdays
Property wannabe
post Sep 24 2015, 05:12 AM

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This post has been edited by Property wannabe: Sep 24 2015, 06:27 PM
alwin77
post Sep 24 2015, 03:06 PM

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i interest, please watsapp me 0166639423 eric
Maximus126
post Sep 24 2015, 05:58 PM

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psf

This post has been edited by Maximus126: Sep 24 2015, 06:21 PM
yck1987
post Sep 24 2015, 09:12 PM

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QUOTE(Maximus126 @ Sep 24 2015, 05:58 PM)
psf
*
Currently, we are promoting LUMI Service Residences. Prices starting from RM900.00 psf and onwards.

Do drop by our office at the following address so I can give you a much personal understanding on this development :- By their sales team, not sure is before rebate or nett price.
mthc
post Sep 24 2015, 09:17 PM

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QUOTE(yck1987 @ Sep 24 2015, 09:12 PM)
Currently, we are promoting LUMI Service Residences. Prices starting from RM900.00 psf and onwards.

Do drop by our office at the following address so I can give you a much personal understanding on this development :-  By their sales team, not sure is before rebate or nett price.
*
Sadly u r launching Play.

More interested in the biz and lifestyle which is facing the golf course. Cheers.

This post has been edited by mthc: Sep 24 2015, 09:17 PM
beemaro
post Sep 24 2015, 11:47 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
*
Agreed
LTG
post Sep 25 2015, 08:26 AM

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how tis developer reputation ? previous project ?
gks
post Sep 25 2015, 08:57 AM

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QUOTE(accetera @ Sep 15 2015, 01:26 PM)
How well do you appreciate design, quality and curated lifestyle? 


*
Mind to share your view on the gameplan for this project? hmm.gif
TSaccetera
post Sep 25 2015, 12:37 PM

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QUOTE(gks @ Sep 25 2015, 08:57 AM)
Mind to share your view on the gameplan for this project?  hmm.gif
*
Target market:

1. Priority for own stay as this is a affluent enclave called Tropicana.

2. Upgraders' market for those living in existing condos in PJ Damansara.

3. For investors:

(a) To hold for 3 years upon VP. (or preferably longer for long term investor with holding power)

(b) By then the St Joseph international school - largest in PJ - would have matured. The MRT and LRT would have commenced operations and have started to mature in terms of ridership and popularity. (if Prasarana redirects to Surian instead of Bandar Utama, then that is further good news for Lumi)

© By then you would saved on your RPGT as well.

(d) Investors may be looking for a potential of rentability to the niche market who can afford above RM3,000 rental/month. People who can and wish to pay that rental amount will desire a much more "wow" living in a proper address. Today we compared to existing nearby condos - which are already going for RM2k+. This kinda rental market is not too common in Klang Valley.

(e) Investors who believe in the philosophy of "branded" and "hospitality-based" residence that are incorporated in this development. Normally, such residence would command some premium in terms of capital appreciation and rental as investors may add a service charge element. There are afterall not many true service residence in town.

(f) Capital appreciation. Most "new" condos will have capital upside if the new launch pricing is right and competitive to the nearest similar products. As always, PJ Utara/Damansara-Corridor address PSF price is pretty strong.

(g) Limited supply in Tropicana. In fact, there is no more land for development within 1-3km from the site. But we just have to beware of coming supply in Ara Damansara, Kota Damansara and future Bukit Utama/Bandar Utama.

(h) Unit sizes must suit your investment criterias and needs. Over-sized units will face "depressing" rentals, i.e. Tropicana Grande whose units are all above 2,000sf. But, who knows, there are Talent-based Expats who will send kids to St Joseph and they typically require a 1,200-1,800sf unit.

(i) The uniqueness of the product (next round of posting) has a high determinant factor of viability in investment.
LTG
post Sep 25 2015, 01:47 PM

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beside tropicana grande still got one empty land , maybe is grande phase 2?

grande rental now start from 5k-10k .

maybe lumi can get 3k-5k ?

rental market main competitor should be Tropicana avenue and massion ara damansara.



QUOTE(accetera @ Sep 25 2015, 12:37 PM)
Target market:

1. Priority for own stay as this is a affluent enclave called Tropicana.

2. Upgraders' market for those living in existing condos in PJ Damansara.

3. For investors:

(a) To hold for 3 years upon VP. (or preferably longer for long term investor with holding power)

(b) By then the St Joseph international school - largest in PJ - would have matured. The MRT and LRT would have commenced operations and have started to mature in terms of ridership and popularity. (if Prasarana redirects to Surian instead of Bandar Utama, then that is further good news for Lumi)

© By then you would saved on your RPGT as well.

(d) Investors may be looking for a potential of rentability to the niche market who can afford above RM3,000 rental/month. People who can and wish to pay that rental amount will desire a much more "wow" living in a proper address. Today we compared to existing nearby condos - which are already going for RM2k+. This kinda rental market is not too common in Klang Valley.

(e) Investors who believe in the philosophy of "branded" and "hospitality-based" residence that are incorporated in this development. Normally, such residence would command some premium in terms of capital appreciation and rental as investors may add a service charge element. There are afterall not many true service residence in town.

(f) Capital appreciation. Most "new" condos will have capital upside if the new launch pricing is right and competitive to the nearest similar products. As always, PJ Utara/Damansara-Corridor address PSF price is pretty strong.

(g) Limited supply in Tropicana. In fact, there is no more land for development within 1-3km from the site. But we just have to beware of coming supply in Ara Damansara, Kota Damansara and future Bukit Utama/Bandar Utama.

(h) Unit sizes must suit your investment criterias and needs. Over-sized units will face "depressing" rentals, i.e. Tropicana Grande whose units are all above 2,000sf. But, who knows, there are Talent-based Expats who will send kids to St Joseph and they typically require a 1,200-1,800sf unit.

(i) The uniqueness of the product (next round of posting) has a high determinant factor of viability in investment.
*
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post Sep 25 2015, 11:25 PM

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QUOTE(accetera @ Sep 25 2015, 12:37 PM)
Target market:

1. Priority for own stay as this is a affluent enclave called Tropicana.
Agree Tropicana is affluent enclave. However if purely for Tropicana enclave, you can opt for Casa Tropicana. On KD Side, you also can opt for CS1 & 2. And these offer much lower price versus Lumi.

2. Upgraders' market for those living in existing condos in PJ Damansara.
How to be considered as upgrader market when the size is 8XX to 11xx sqft? Shouldn't this to be entrance level size condo?  hmm.gif 

3. For investors:

(a) To hold for 3 years upon VP. (or preferably longer for long term investor with holding power)
To hold for 3 years upon VP, you need to rent out. Based on Casa Tropicana asking rental market, it is about RM1.8k (PF) to RM2.8k (FF) for 3 bedders. Assuming RM1m for Lumi's 3 bedders, realistically gross yield is apprx 3.5-4% which is is below ur mortgage rate. 

(b) By then the St Joseph international school - largest in PJ - would have matured. The MRT and LRT would have commenced operations and have started to mature in terms of ridership and popularity. (if Prasarana redirects to Surian instead of Bandar Utama, then that is further good news for Lumi)
thumbup.gif

© By then you would saved on your RPGT as well.

(d) Investors may be looking for a potential of rentability to the niche market who can afford above RM3,000 rental/month. People who can and wish to pay that rental amount will desire a much more "wow" living in a proper address. Today we compared to existing nearby condos - which are already going for RM2k+. This kinda rental market is not too common in Klang Valley.
blue ocean strategy. Sometimes works well thumbup.gif

(e) Investors who believe in the philosophy of "branded" and "hospitality-based" residence that are incorporated in this development. Normally, such residence would command some premium in terms of capital appreciation and rental as investors may add a service charge element. There are afterall not many true service residence in town.
Which is "branded" and "hospitality-based" based residence with proven and premium capital gain so far in KL or Selangor? Command premium in sense of selling price, very BIG yes but capital appreciation? Anyway, who they engaged for the hospitality service? I can easily few other no frills developments with reasonable selling prices that outperform market without those "brands"

(f) Capital appreciation. Most "new" condos will have capital upside if the new launch pricing is right and competitive to the nearest similar products. As always, PJ Utara/Damansara-Corridor address PSF price is pretty strong.
PJ/ Dsara has been solid and mature market due to limited supplies and high demand. How you define the launching price is right where most condos in Ara & Tropicana Avenue launched around RM650psf?

(g) Limited supply in Tropicana. In fact, there is no more land for development within 1-3km from the site. But we just have to beware of coming supply in Ara Damansara, Kota Damansara and future Bukit Utama/Bandar Utama.
thumbup.gif

(h) Unit sizes must suit your investment criterias and needs. Over-sized units will face "depressing" rentals, i.e. Tropicana Grande whose units are all above 2,000sf. But, who knows, there are Talent-based Expats who will send kids to St Joseph and they typically require a 1,200-1,800sf unit.

(i) The uniqueness of the product (next round of posting) has a high determinant factor of viability in investment.
*
The iconic facade however after seeing the twin Capers and Fennels, feel nothing to be shout about Lumi.. Given this is Tropicana, have to accept the fact this is leasehold project.

Finally, I think the developer is not exactly a reputable developer. I feel the price asking from RM900psf is probably tad high for the whole package.

TSaccetera
post Sep 25 2015, 11:43 PM

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I don't think its fair to compare with Casa Tropicana etc with Lumi. If like this, I would have compared Pavilion Park Sky and my mom's old condo in Bukit Jalil. (LOL)

Realistically, rental yield in Cyperus should be compared to Lumi as both will be completing around same time and both have their strong points. I believe most new launch properties all over Klang Valley these days are looking at 2.5-3.5% yield or lower. If every new launch is low, then I would prefer to go for a better concept project, notwithstanding Lumi.

I'll just share some pictures in several postings.


Entrance statement for this mixed development whereby the lower block is Grocer/Retail and SOHO component and 4 residential towers are built above it.

user posted image


Looking up from Lumi Park.

user posted image


Sky garderning / watering activities for planter boxed balconies.

user posted image


Pool deck - unofficially the longest infinity lap pool in Asia at 190 metres long overlooking Tropicana

user posted image
Pic Credit: www.ptlm.com.my



QUOTE
Profile/History of Developer and the Corporate Background:

1. Thriven Global Berhad is a public listed developer on Bursa Malaysia Main Market.

2. Formerly known as Mulpha Land Berhad. Its former MD, key persons of Mulpha and other new shareholders took over the company with a new direction from July 2015 onwards.

3. Thriven Global takeover was triggered by Datuk Fakhri - the eldest son of Tan Sri Muhyiddin Yassin together with its MD Ghazie Yeoh and Mulpha directors.
http://www.thestar.com.my/Business/Busines...over/?style=biz

4. The eldest son of Tan Sri Chua Ma Yu - who is Malaysia's stock market king, RHB Bank co-founder and whose daughter is famous for St Regis and One KL - and together with Malaysia's renowned private equity firm Creador's founder joined to hold shares in Thriven Global.
http://www.thestar.com.my/Business/Busines...Land/?style=biz

5. Mulpha was helmed by tycoon "Lee family" for those who know.

6. When it was Mulpha Land, it was the property arm of Mulpha International Bhd, a diversified conglomerate in Malaysia with its interests in property, construction, investments, retirement communities and hotels/resorts.
- Most of its business are in overseas with an Australian headquarters in Mulpha Tower in Sydney CBD because they own a major Australian property developer public listed FKP Group.
- In Hong Kong, Mulpha family are the owners of Sun Hung Kai Financial Holdings, part of the spin off from Sun Hung Kai & Co. - a conglomerate in Hong Kong. The owners are predominantly Hong Kong-based since the 1980s and after they sold off our old-day famous bank called Phileo Allied Bank to Maybank.
- In Malaysia, their construction arm is Mudajaya - a major infra/construction group in Malaysia and maincon for MRT project. Mulpha HQ is now in Menara Mudajaya in Mutiara Damansara.
- In Malaysia, their biggest property landbank is Leisure Farm in Iskandar Malaysia - which was not transferred to the new Thriven. All its landbank in Klang Valley was transferred to Thriven.
- Mulpha's history dates back several decades ago and the company was formerly the parent company of Multi-Purpose Banking Group - which gave rise to Alliance Bank today and MPHB owns Magnum in modern day today.
This post has been edited by accetera: Sep 26 2015, 12:36 AM
Babizz
post Sep 26 2015, 12:18 AM

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Proton saga n Merc c class both also 4 wheels stuck in jam mah..

Dun la compare casa tropicana n lumi tongue.gif

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post Sep 26 2015, 12:33 AM

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Lumi Marketplace
- Neighbourhood retail box / not a mall
- Developer managed and leased only
- In talks with possible big name
- To be conveniently accessed via the proposed Lien Hoe LRT3 Station*** (Prasarana is currently planning with MRCB-George Kent consortium)
- A concept of indoor retail and outdoor dining amid lawn and gardens
- A concept of outdoor festival and functions area
- Parking area is at sub-basement totally seggregated with residents' parking.
- Proposed/Possible retail spaces for Gourmet Grocer, Cafe, Cuisine Restaurants, Laundrette, Book Store, Juice Bar, Burger Store, Salon, Art Gallery/Hobbies/Cycling Shop

user posted image

user posted image

user posted image
Pic Credit: www.ptlm.com.my

This post has been edited by accetera: Sep 26 2015, 12:38 AM
Hinka
post Sep 26 2015, 02:04 AM

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Super awesome !! get impressed !!
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post Sep 26 2015, 05:15 AM

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Great project with good concept!
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post Sep 26 2015, 07:13 AM

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What is the remaining leasehold period left?
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post Sep 26 2015, 12:15 PM

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tunnel there will expending? road condition there really bad ~
but still many horse / cow brand car come out from golf club using the road ><
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post Sep 26 2015, 12:50 PM

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Leasehold 99 years, so about 95 years remaining at VP.

Tunnel roads will have to be revamped and widened - though details can't be revealed now. Accessibility will be enhanced also with the LRT Station coming to that area.


Infrastructure & Aerial View

Masterplan

user posted image

Residents checkpoint at the northern end whereas retail and SOHO goes to sub-basement for parking.

user posted image

Aerial location

user posted image

user posted image

Sky view of Lumi Park and Retail Cabana and Outdoor Dining

user posted image

Pic credit: www.ptlm.com.my

This post has been edited by accetera: Sep 26 2015, 12:51 PM
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post Sep 26 2015, 02:21 PM

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QUOTE(accetera @ Sep 26 2015, 12:50 PM)
Leasehold 99 years, so about 95 years remaining at VP.

Tunnel roads will have to be revamped and widened - though details can't be revealed now. Accessibility will be enhanced also with the LRT Station coming to that area.
Infrastructure & Aerial View

Masterplan

user posted image

Residents checkpoint at the northern end whereas retail and SOHO goes to sub-basement for parking.

user posted image

Aerial location

user posted image

user posted image

Sky view of Lumi Park and Retail Cabana and Outdoor Dining

user posted image

Pic credit: www.ptlm.com.my
*
Bro.. when will lifestyle/wellness be launching?

No more highway facing units for me. The Cascades facing nkve very gg leh...
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post Sep 26 2015, 02:25 PM

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I still don't get why ppl want to put C1 and C2 on par with Lumi. It's not even on par.
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post Sep 26 2015, 02:27 PM

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QUOTE(mthc @ Sep 26 2015, 02:21 PM)
Bro.. when will lifestyle/wellness be launching?

No more highway facing units for me. The Cascades facing nkve very gg leh...
*
Cascade facing giant big sign board lagi gg =)
Lumi high floor should be golf view if no block by grande
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post Sep 26 2015, 02:32 PM

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QUOTE(LTG @ Sep 26 2015, 02:27 PM)
Cascade facing giant big sign board lagi gg =)
Lumi high floor should be golf  view if no block by grande
*
Those units facing giant signboards damn cham wey.. night time also like got sunlight.

Lumi play and action tower not facing golf course wor.. but wellness and action are facing golf course. I think its alright to Pay the premium for avoiding highway noise and good view.
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post Sep 26 2015, 02:43 PM

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Next launch is Action block?
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post Sep 26 2015, 09:54 PM

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whats the diff between each blocks?
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post Sep 26 2015, 11:16 PM

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QUOTE(JC999 @ Sep 26 2015, 09:54 PM)
whats the diff between each blocks?
*
Each block got its own theme, facilities and entrance statement. On one side, the units got different panoramic golf views. Right now the launch is Action Tower.


Indoor facilities at Double-storey Mid-Sky-Terrace

Level 19-20: Sky Terrace for Play Tower

Fully-equipped music room
Theatre
Library/study room
Kid's jungle gym


Level 17-18: Sky Terrace for Action Tower

Badminton court
Squash court
Table tennis room
Games room with darts, pool table and foosball


Level 19-20: Sky Terrace for Wellness Tower

Self-spa with steam room and sauna
Gymnasium
Yoga and pilates studios


Level 17-18: Sky Terrace for Business & Lifestyle Tower

Fully-equipped conference or meeting room
Wine cellar/cigar lounge
Sky dining
Sky bar



Facilities - Thematic Towers

user posted image


Looking downwards to Lumi Park

user posted image


Play Tower

user posted image


Action Tower

user posted image


Pic credit: www.ptlm.com.my

This post has been edited by accetera: Sep 26 2015, 11:19 PM
Kenny De Roger
post Sep 27 2015, 02:52 AM

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A bit doubting to Selangor properties now... Especially those selling at RM1k psf, so far sub sale still nothing transacted at RM1k psf yet in Selangor .
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post Sep 27 2015, 07:21 AM

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Table tennis in the sky .... Seems like a good one
chris.1986
post Sep 27 2015, 11:21 AM

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QUOTE(accetera @ Sep 26 2015, 11:16 PM)
Each block got its own theme, facilities and entrance statement. On one side, the units got different panoramic golf views. Right now the launch is Action Tower.
Indoor facilities at Double-storey Mid-Sky-Terrace

Level 19-20: Sky Terrace for Play Tower

Fully-equipped music room
Theatre
Library/study room
Kid's jungle gym
 

Level 17-18: Sky Terrace for Action Tower

Badminton court
Squash court
Table tennis room
Games room with darts, pool table and foosball
Level 19-20: Sky Terrace for Wellness Tower

Self-spa with steam room and sauna
Gymnasium
Yoga and pilates studios


Level 17-18: Sky Terrace for Business & Lifestyle Tower

Fully-equipped conference or meeting room
Wine cellar/cigar lounge
Sky dining
Sky bar
Facilities - Thematic Towers

user posted image
Looking downwards to Lumi Park

user posted image
Play Tower

user posted image
Action Tower

user posted image
Pic credit: www.ptlm.com.my
*
Wah! This ptlm so called themselves as news provider but also another hard sell agents..

calvin989898
post Sep 27 2015, 11:28 AM

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QUOTE(chris.1986 @ Sep 27 2015, 11:21 AM)
Wah! This ptlm so called themselves as news provider but also another hard sell agents..
*
There's no free lunch in this world. Else how ptlm survive without making money.
Anyway, artist illustration and reality is 2 different things all together. On pic looks good, whether can deliver as per pic is questionable
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post Sep 27 2015, 01:26 PM

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QUOTE(calvin989898 @ Sep 27 2015, 11:28 AM)
There's no free lunch in this world. Else how ptlm survive without making money.
Anyway, artist illustration and reality is 2 different things all together. On pic looks good, whether can deliver as per pic is questionable
*
anyone knows if sales gallery open on sat and sun? tried to call the phone lines in website but not picked up.
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post Sep 27 2015, 02:06 PM

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QUOTE(chris.1986 @ Sep 27 2015, 11:21 AM)
Wah! This ptlm so called themselves as news provider but also another hard sell agents..
*
Nowadays Milan doshi,Joey yap.....etc also become properties consultant already.... Normal la.... Developer also won't k.....nowadays better believe in our own eyes when buying property instead of listen to those so call property guru...lol
TSaccetera
post Sep 27 2015, 03:09 PM

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I'm not here to sell you property. I'm here to sell you a concept and idea that is being much valued to the future generations of tenants.

This project is not for short term investors and it isn't so much about the "hardware wow" factors. It's more about understanding the concepts and the "software" factors. This project is viable if prices are below RM1,100psf for 4 years down the road considering that many many projects in around PJ would have reached RM1,000psf in subsale market by then. Not considering the unique factors yet.

We believe that this product suits long term investors (not short term ones) who want to have a peace of mind in getting tenants and tenant profile check as developer will arrange for you via a Rental Management System Service that will be disclosed further when the time is right.

We are doing a Pros & Cons about this development event this coming weekend.

We will also talk in general about the concept of having this on a pay-per-use system. Eventually many high end condos will be subscribing to this in years to come.

user posted image

This post has been edited by accetera: Sep 27 2015, 04:37 PM
chris.1986
post Sep 27 2015, 05:17 PM

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QUOTE(accetera @ Sep 27 2015, 03:09 PM)
I'm not here to sell you property. I'm here to sell you a concept and idea that is being much valued to the future generations of tenants.

This project is not for short term investors and it isn't so much about the "hardware wow" factors. It's more about understanding the concepts and the "software" factors. This project is viable if prices are below RM1,100psf for 4 years down the road considering that many many projects in around PJ would have reached RM1,000psf in subsale market by then. Not considering the unique factors yet.

We believe that this product suits long term investors (not short term ones) who want to have a peace of mind in getting tenants and tenant profile check as developer will arrange for you via a Rental Management System Service that will be disclosed further when the time is right.

We are doing a Pros & Cons about this development event this coming weekend.

We will also talk in general about the concept of having this on a pay-per-use system. Eventually many high end condos will be subscribing to this in years to come.

user posted image
*
If you are not selling , then why you do all the seminar..
You are just like agent getting commission from sales.. i dare to challenge you... PLZ TELL US THT U DO NOT PROFIT FROM THE SALES OR YOU DO NOT SELL ANY UNITS FOR LUMI...


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post Sep 27 2015, 06:23 PM

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QUOTE(chris.1986 @ Sep 27 2015, 05:17 PM)
If you are not selling , then why you do all the seminar..
You are just like agent getting commission from sales.. i dare to challenge you... PLZ TELL US THT U DO NOT PROFIT FROM THE SALES OR YOU DO NOT SELL ANY UNITS FOR LUMI...
*
We are doing e-marketing for small service fee only. We are the appointed marketing consultancy. Jangan salah faham. Many agents are using our information and they make big bucks in getting the deal and exploiting our information for sales. You can see all my threads are flooded with agents.

For all these years, PTLM has never grown to any society standing because we were naive to our honest sharing, aka foolishness and also because we are still mostly employed people including me lah.

Don't say u scold me, even the whole industry developers are scolding me for being a fool in sharing information for free while exposing developers' confidentiality without benefiting the developers and ourselves. We have our costs as well. Moving forward, we need to balance these things otherwise we would never able to make PTLM great.

Back to this Lumi project, we have done our 24-criterias and in-depth study and we think it's viable for Long Term Investors due to many unique reasons. If all are OK for me to share, we will share our thoughts with facts and figures and the developer's unique vision for its product and beyond VP stage. We open up to the debate here.

This post has been edited by accetera: Sep 27 2015, 06:35 PM
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post Sep 27 2015, 06:35 PM

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QUOTE(chris.1986 @ Sep 27 2015, 11:21 AM)
Wah! This ptlm so called themselves as news provider but also another hard sell agents..
*
Tbh.. I am quite interested in this project and without pltm, I wouldn't know so much about this. Lol.. what have they dine wrong?
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post Sep 27 2015, 06:41 PM

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QUOTE(chris.1986 @ Sep 27 2015, 05:17 PM)
If you are not selling , then why you do all the seminar..
You are just like agent getting commission from sales.. i dare to challenge you... PLZ TELL US THT U DO NOT PROFIT FROM THE SALES OR YOU DO NOT SELL ANY UNITS FOR LUMI...
*
I can say that pltm is very informative in the way they present their projects. They deserve commission lor.. unlike other agents who ate rather misleading in the way they do things
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post Sep 27 2015, 06:49 PM

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QUOTE(chris.1986 @ Sep 27 2015, 05:17 PM)
If you are not selling , then why you do all the seminar..
You are just like agent getting commission from sales.. i dare to challenge you... PLZ TELL US THT U DO NOT PROFIT FROM THE SALES OR YOU DO NOT SELL ANY UNITS FOR LUMI...
*
Fren
Stronger getting strongest. Diversify la
No point challenge, U can do so if U r capable.


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post Sep 27 2015, 08:01 PM

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QUOTE(chris.1986 @ Sep 27 2015, 05:17 PM)
If you are not selling , then why you do all the seminar..
You are just like agent getting commission from sales.. i dare to challenge you... PLZ TELL US THT U DO NOT PROFIT FROM THE SALES OR YOU DO NOT SELL ANY UNITS FOR LUMI...
*
Why your words so HARSH????

People din put pistol on ur forehead and force u to buy.... if u dun want buy bcos of ur own reasons...then just pass it...take it easy...

listen to people...u will get more ....if u capable...do it urself....no need to get in this forum...

This post has been edited by bigman: Sep 27 2015, 08:03 PM
elfness
post Sep 28 2015, 12:33 AM

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QUOTE(chris.1986 @ Sep 27 2015, 05:17 PM)
If you are not selling , then why you do all the seminar..
You are just like agent getting commission from sales.. i dare to challenge you... PLZ TELL US THT U DO NOT PROFIT FROM THE SALES OR YOU DO NOT SELL ANY UNITS FOR LUMI...
*
Cool down. Without him this forum consider half dead.
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post Sep 28 2015, 12:33 AM

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QUOTE(Babizz @ Sep 26 2015, 12:18 AM)
Proton saga n Merc c class both also 4 wheels stuck in jam mah..

Dun la compare casa tropicana n lumi tongue.gif
*
Indeed CS and Lumi is not comparable. From Spec to the price. Tropicana is great address however i believe it is great for landed enclave. Lumi is Iconic Facade and comes with great facilities, modern layout and well thought masterplan. However it comes with premium price as well. and sometimes when you buy at the peak of the price, the strategy can be backfired if your tenants/ subsale purchasers cannot appreciate the "value".
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post Sep 28 2015, 12:42 AM

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QUOTE(accetera @ Sep 27 2015, 06:23 PM)
We are doing e-marketing for small service fee only. We are the appointed marketing consultancy. Jangan salah faham. Many agents are using our information and they make big bucks in getting the deal and exploiting our information for sales. You can see all my threads are flooded with agents.

For all these years, PTLM has never grown to any society standing because we were naive to our honest sharing, aka foolishness and also because we are still mostly employed people including me lah.

Don't say u scold me, even the whole industry developers are scolding me for being a fool in sharing information for free while exposing developers' confidentiality without benefiting the developers and ourselves. We have our costs as well. Moving forward, we need to balance these things otherwise we would never able to make PTLM great.

Back to this Lumi project, we have done our 24-criterias and in-depth study and we think it's viable for Long Term Investors due to many unique reasons. If all are OK for me to share, we will share our thoughts with facts and figures and the developer's unique vision for its product and beyond VP stage. We open up to the debate here.
*
PTLM has been great in sharing information. Kudos to the effort. Compared to 15 years ago, you probably only will get the information during the launching day itself. Where else now, so many information available in media that allow you to do further due diligence, process the information prior the launching day.

Forumners need to use their own thought process for their own investment decision making. As one forumner put it aptly, nobody point the gun to the head and force you to buy.
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post Sep 28 2015, 01:11 PM

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Is the sales gallery open on weekend? Do u update us here pls.
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post Sep 28 2015, 01:26 PM

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Exactly. Pltm is so resourceful. They definitely deserve the commission anytime.
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post Sep 28 2015, 02:10 PM

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QUOTE(chris.1986 @ Sep 27 2015, 05:17 PM)
If you are not selling , then why you do all the seminar..
You are just like agent getting commission from sales.. i dare to challenge you... PLZ TELL US THT U DO NOT PROFIT FROM THE SALES OR YOU DO NOT SELL ANY UNITS FOR LUMI...
*
not money buy then skip only lah,
don't kacao here,

a lot ppl intrested with what pat kor share
LTG
post Sep 28 2015, 03:26 PM

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sharing is caring smile.gif
JHproperty
post Sep 28 2015, 03:48 PM

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Sharing is caring +1
jinsailoo
post Sep 28 2015, 03:54 PM

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sharing is caring +10

but no those advertisment just to promote,

please share some new info beside post your ads
TSaccetera
post Sep 28 2015, 09:20 PM

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QUOTE(Donutz123 @ Sep 28 2015, 07:37 PM)
The next block, Block B nov launching, price Rm800-900 psf. There is a pre-launch event. early bird discount for limited units. PM me if you are interested.
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Give credit to picture please. Tq
HarpArtist
post Sep 28 2015, 09:28 PM

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aiyor accetera posts so much info and so quickly, about almost every project, even those he does not sell or represent. we can't label him as a mere agent brows.gif so sick of those "agents" whose most important info given is "pm me" or their phone number or a google form.

everyone need to earn a living, if accetera does it without the typical annoying "agent" spam i don't see the problem...we are all humans, info is given, whether good or not, biased or not, we are responsible to sort out the reality and make an informed decision lah.

This post has been edited by HarpArtist: Sep 28 2015, 09:31 PM
luckykid5
post Sep 28 2015, 11:34 PM

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so people like accetera and donutz123 are the appointed agent here? abit confuse
TSaccetera
post Sep 29 2015, 12:42 AM

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Sharing of general information only in a few postings.


QUOTE
Info credit to http://www.ptlm.com.my/index.php/lumi-tropicana


Name: Lumi Tropicana

Brand: Lumi Collections

Architect: Singapore-based RT+Q Architects Pte. Ltd. (the designer of d6, d7, The Capers and The Fennel)

Developer: Mayfair Venture Sdn Bhd (a wholly-owned subsidiary of Thriven Global Berhad, formerly known as Mulpha Land Berhad)

Show Gallery: Under construction

Maincon for Show Gallery: TNH Construction Sdn Bhd (S P Setia's and Eco World's township maincon) - yet to be confirmed for project

Project Location: Persiaran Tropicana, Petaling Jaya

Property Type: Service Residence (open for sale) and Soho suites (not open for sale)

Sch. H of HDA: Yes for both

Tenure: Leasehold 99 years - after VP is about 96 years+/-

Land Area:  6.42 acres

No. of Blocks:
- Play Tower (A1) – 35 storeys
- Action Tower (B1) – 35 storeys
- Wellness Tower (A2) – 35 storeys
- Business & Lifestyle Tower (B2) – 35 storeys

sitting atop:
- Lumi Pool Deck - 1 level
- Lumi Marketplace - 2 storeys and Soho – 2 storeys (duplex)

residential tower flanked by:
- Residence Carpark Block – 7 storeys

No. of Units:
- Service Residence: 744 units (186 units in each residential tower)
- Soho Suites: 62 units of Duplexes (not for sale for now)
- Lumi Marketplace retail component is for leasing only/not for sale

No. of Lifts:
- 3 high speed lifts in each residence tower to serve 6 units per floor
- Separate sets of lifts for Soho suites

Unit Types:

Type As are 2-bedder unit
- Type A: 862 sf (No balcony)
- Type A1: 920 sf (1 bay balcony)
- Type A2: 979 sf (2 bay balcony)

Type Bs are 2+1 bedder unit
- Type B: 1,010 sf (No balcony)
- Type B1: 1,085 sf (1 bay balcony)
- Type B2: 1,159 sf (2 bay balcony)
- Type B3: 1,009 sf (No balcony corner)
- Type B4: 1,084 sf (1 bay balcony corner)
- Type B5: 1,084 sf (1 balcony corner)

Type Cs are 3+1 bedder unit
- Type C: 1,509 sf (Full 3 balcony corner)
- Type C1: 2,218 sf (Full 3 balcony corner with private garden/terrace)

Car Parking Bay:
- Sub-basement car parking for retail and Soho
- Over 2,000 car parking bays at carpark block for residence
- Provided and allocated per unit
- Units below 1,000 sf: 1 carpark bay
- Units below 1,500 sf: 2 carpark bays
- Units above 1,500 sf: 3 carpark bays
- Additional carpark bays can be purchased later.

Green Rating: GBI Gold (Provisional)

Greening: 32% of development land

Maintenance : RM0.33 psf, inclusive sinking fund, carpark and 12-hour/day concierge service

Completion: 48 months from SPA Date roughly Q4 2019


Next sharing:
- Lumi Marketplace/Grocer and Retail Cabana for outdoor dining
- Lumi Double-Storey Sky Terraces in each tower to suit your profile
- Lumi Pool is longest infinity lap pool for residential use in Asia (190 metres long end-to-end)
- Lumi Park is a private park of facilities for residents with sporting facilities
- Lumi Vortex and Thematic Lobby
- Lumi Landscape
- Lumi Planter Gardening/Watering
- Lumi Home Concepts and Furnishings

- Potential integration with the Proposed Lien Hoe LRT3 Station*
- Lumi Hospitality --> Concierge and On-Demand Housekeeping Services*
- Lumi Rental Management Services*
- Lumi Security Services and Smart Home System*
- Lumi FHD Internet Homes*
- Widening of Road Tunnels*

- Study of impact from LRT Line 3 with few stops away from MRT and KJ-LRT interchanges
- Study of impact from St Joseph's Institution International School - the largest international school in PJ
- Does DASH Highway, MRT, LRT and Kwasa Damansara able to create wave in the western corridor?
- Property analysis of upcoming competitors and supply in market and subsale markets in the vicinity
- Linking MSC Cybercentres in Petaling Jaya. A new trend?
- Bringing the software to a property. What are "Forward living, moving and thinking services".


*TBA
This post has been edited by accetera: Sep 29 2015, 07:34 AM
propinsight
post Oct 2 2015, 05:25 PM

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QUOTE(accetera @ Sep 29 2015, 12:42 AM)
Sharing of general information only in a few postings.
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great share.

this is quite a luxurious project with a good price tag tho.

official site is : http://luminousliving.com.my/ right?

limited pics and info but at least can register there la.

thanks for the good info pat kor biggrin.gif
JC999
post Oct 3 2015, 02:35 PM

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launching this kinda prices in this market... good luck
Minolta
post Oct 4 2015, 01:49 PM

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QUOTE(JC999 @ Oct 3 2015, 02:35 PM)
launching this kinda prices in this market... good luck
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Good mah. If no developers like this, how to create more supply? Just need more launches and bit more time to tip the scale rclxms.gif
propusers
post Oct 5 2015, 02:15 PM

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Launching first block or second block now?
how much is the lowest entry price?
Maneki-neko
post Oct 10 2015, 10:25 AM

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Great job PTLM, i support u always! Please continue to share more confidential info about all the projects to all of us here biggrin.gif

QUOTE(accetera @ Sep 27 2015, 06:23 PM)
We are doing e-marketing for small service fee only. We are the appointed marketing consultancy. Jangan salah faham. Many agents are using our information and they make big bucks in getting the deal and exploiting our information for sales. You can see all my threads are flooded with agents.

For all these years, PTLM has never grown to any society standing because we were naive to our honest sharing, aka foolishness and also because we are still mostly employed people including me lah.

Don't say u scold me, even the whole industry developers are scolding me for being a fool in sharing information for free while exposing developers' confidentiality without benefiting the developers and ourselves. We have our costs as well. Moving forward, we need to balance these things otherwise we would never able to make PTLM great.

Back to this Lumi project, we have done our 24-criterias and in-depth study and we think it's viable for Long Term Investors due to many unique reasons. If all are OK for me to share, we will share our thoughts with facts and figures and the developer's unique vision for its product and beyond VP stage. We open up to the debate here.
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Maneki-neko
post Oct 10 2015, 10:28 AM

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QUOTE(Minolta @ Oct 4 2015, 01:49 PM)
Good mah. If no developers like this, how to create more supply? Just need more launches and bit more time to tip the scale rclxms.gif
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ya agree! now with the new housing development regulations, the property prices will likely go up n up, small n new developers r slowly facing out.
Christopher Dean
post Oct 13 2015, 10:41 AM

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If anyone is interested I think you can go check out their website to register.
http://luminousliving.com.my/#RegisterNow
Kenny De Roger
post Oct 15 2015, 01:23 PM

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this project potential?
nanopico
post Oct 17 2015, 08:01 PM

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What u guys think about the profile of the developer? Any track records?
Kenny De Roger
post Oct 20 2015, 11:22 PM

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Concept and environment is good , but don't like the entrance, and also no track record from developer...any others info which can convince me to buy this project other than the LRT3?
LTG
post Oct 21 2015, 01:06 AM

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QUOTE(Kenny De Roger @ Oct 20 2015, 11:22 PM)
Concept and environment is good , but don't like the entrance, and also no track record from developer...any others info which can convince me to buy this project other than the LRT3?
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Tropicana address?
SPianz
post Oct 21 2015, 10:32 AM

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Seems like they are buiding a showroom at Jalan Semangat, ex Mulpha building.
Kenny De Roger
post Oct 21 2015, 11:07 AM

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QUOTE(LTG @ Oct 21 2015, 01:06 AM)
Tropicana address?
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i think so....
ju146
post Oct 21 2015, 11:33 AM

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QUOTE(SPianz @ Oct 21 2015, 10:32 AM)
Seems like they are buiding a showroom at Jalan Semangat, ex Mulpha building.
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lulx.... initially i thought that is LUMI site..

You are right in this case, they are building up something with LUMI tag
CMW123
post Oct 21 2015, 01:55 PM

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Sales very good?
jinsailoo
post Oct 21 2015, 02:39 PM

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QUOTE(nanopico @ Oct 17 2015, 08:01 PM)
What u guys think about the profile of the developer? Any track records?
*
formally know as mulpha land,

now take over by minister son
Christopher Dean
post Oct 22 2015, 11:06 AM

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QUOTE(Kenny De Roger @ Oct 20 2015, 11:22 PM)
Concept and environment is good , but don't like the entrance, and also no track record from developer...any others info which can convince me to buy this project other than the LRT3?
*
A few things I can derive from their site info :
- Nearby to a hospital,
- Near an upcoming MRT station
- Golf clubs (if you love golfing)
- Near prime area, 1U, centerpoint, Uptown, etc etc

Attached Image
haappywiinter88
post Oct 22 2015, 04:28 PM

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QUOTE(ju146 @ Oct 21 2015, 11:33 AM)
lulx.... initially i thought that is LUMI site..

You are right in this case, they are building up something with LUMI tag
*
Hi ju146,
May I ask exactly where is the showroom location? any landmark to get there? Just like to drop by to have a peep biggrin.gif
Thanks.
haappywiinter88
post Oct 22 2015, 04:33 PM

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QUOTE(Kenny De Roger @ Oct 20 2015, 11:22 PM)
Concept and environment is good , but don't like the entrance, and also no track record from developer...any others info which can convince me to buy this project other than the LRT3?
*
Hi Kenny De Roger,
Entrance means the tunnel to get to the site?? hmm.gif
I went to check the site last Saturday and am worry about the jam too... sad.gif
Kenny De Roger
post Oct 22 2015, 05:13 PM

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QUOTE(haappywiinter88 @ Oct 22 2015, 04:33 PM)
Hi Kenny De Roger,
Entrance means the tunnel to get to the site?? hmm.gif 
I went to check the site last Saturday and am worry about the jam too...  sad.gif
*
the trafic light there may cause the difficulties to go out to main road during rush hour
SPianz
post Oct 22 2015, 06:36 PM

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QUOTE(haappywiinter88 @ Oct 22 2015, 04:28 PM)
Hi ju146,
May I ask exactly where is the showroom location?  any landmark to get there?  Just like to drop by to have a peep biggrin.gif
Thanks.
*
It's still under construction... beside Sin Chew Jit Poh at Jalan Semangat.
TSaccetera
post Oct 22 2015, 07:02 PM

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Let's do a 24-pointer review here.


LOCATION, VISIBILITY AND ENVIRONMENT
http://www.ptlm.com.my/index.php/lumi-tropicana

- Lumi Tropicana is located on Persiaran Tropicana in Tropicana Golf & Country Resort, Petaling Jaya (GPS Coordinate: 3.128850,101.594943) and by the side of the NKVE Highway.

- Persiaran Tropicana leads you to Kota Damansara (Persiaran Surian) on the north and Ara Damansara (Jalan PJU 1a/1) at the southern end, while connecting to Lebuh Bandar Utama towards the east with easy access to 1 Utama Shopping Centre.

- It is located just at the fringe of Tropicana Golf & Country Resort, Malaysia's largest golf course and clubhouse in the prospering corridor of Petaling Jaya Utara-Damansara.

- Typically, the address of Tropicana carries an affluent touch due to the profile of the residents here. The Tropicana enclave is home to a significant number of family-based expatriates and golf-loving members of the championship course, who are locals and various nationalities, i.e. Japanese.

- Residents of Lumi Tropicana will enjoy breathtaking views of golf grounds, gated communities and villas/bungalows, the rising skyline within this corridor, and the horizon views of sunset towards RRIM greens on the far west and the KL City skyline on the far east.

- Residents of the surrounding vicinity will need to pass through this development as they get into the Tropicana Main Entrance (Arch) or leaving this area towards Lebuh Bandar Utama via the Road Tunnel (below NKVE) - which will be upgraded by the developer and Prasarana in the future.

- High visibility is offered as those travelling on NKVE and those exiting the Damansara Interchange (enroute to KL) will not miss its architecturally-unique towers in the future.

- On 1 September 2020, residents will welcome the service commencement of Lien Hoe LRT Station (LRT Line 3) just by the side of Lumi Tropicana, connecting to the Lumi Marketplace (retail component).

- Lumi Tropicana is situated next to four office towers, namely - (1) Bangunan 3M, whose anchor tenant is 3M Malaysia; (2) Menara Persoft, a MSC Cybercentre location; (3) Bangunan Damansara Fairway, whose anchor tenant is AmBank Bhd; and (4) Menara Lien Hoe, which had undergone upgrading works with tenants such as Bristol-Myers Squibb, Eisai Malaysia, Mead Johnson Nutrition, LEO Pharma and Radiance Communications. Menara Lien Hoe was formerly home to the headquarters of GlaxoSmithkline in Malaysia.

- We noted that the location is quiet for most of the weekends and Persiaran Tropicana can be heavy in traffic during the morning rush hour as residents in Ara Damansara/Subang uses this road to access Kota Damansara enroute to LDP and northern parts of KL.

- We particularly like its "tree-lined" dual-lane carriageway for most parts of Persiaran Tropicana. Road tunnel upgrading works comforted us quite abit as we felt that the existing dual-usage road tunnels are inadequate and not well-maintained (water ponding when rain) to cope with the traffic there.


user posted image
Pic from http://www.ptlm.com.my/index.php/lumi-tropicana.

This post has been edited by accetera: Oct 22 2015, 07:18 PM
nexona88
post Oct 22 2015, 10:31 PM

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QUOTE(accetera @ Oct 22 2015, 07:02 PM)
Let's do a 24-pointer review here.
LOCATION, VISIBILITY AND ENVIRONMENT
http://www.ptlm.com.my/index.php/lumi-tropicana

- Lumi Tropicana is located on Persiaran Tropicana in Tropicana Golf & Country Resort, Petaling Jaya (GPS Coordinate: 3.128850,101.594943) and by the side of the NKVE Highway.

- Persiaran Tropicana leads you to Kota Damansara (Persiaran Surian) on the north and Ara Damansara (Jalan PJU 1a/1) at the southern end, while connecting to Lebuh Bandar Utama towards the east with easy access to 1 Utama Shopping Centre.

- It is located just at the fringe of Tropicana Golf & Country Resort, Malaysia's largest golf course and clubhouse in the prospering corridor of Petaling Jaya Utara-Damansara.

- Typically, the address of Tropicana carries an affluent touch due to the profile of the residents here. The Tropicana enclave is home to a significant number of family-based expatriates and golf-loving members of the championship course, who are locals and various nationalities, i.e. Japanese.

- Residents of Lumi Tropicana will enjoy breathtaking views of golf grounds, gated communities and villas/bungalows, the rising skyline within this corridor, and the horizon views of sunset towards RRIM  greens on the far west and the KL City skyline on the far east.

- Residents of the surrounding vicinity will need to pass through this development as they get into the Tropicana Main Entrance (Arch) or leaving this area towards Lebuh Bandar Utama via the Road Tunnel (below NKVE) - which will be upgraded by the developer and Prasarana in the future.

- High visibility is offered as those travelling on NKVE and those exiting the Damansara Interchange (enroute to KL) will not miss its architecturally-unique towers in the future.

- On 1 September 2020, residents will welcome the service commencement of Lien Hoe LRT Station (LRT Line 3) just by the side of Lumi Tropicana, connecting to the Lumi Marketplace (retail component).

- Lumi Tropicana is situated next to four office towers, namely - (1) Bangunan 3M, whose anchor tenant is 3M Malaysia; (2) Menara Persoft, a MSC Cybercentre location; (3) Bangunan Damansara Fairway, whose anchor tenant is AmBank Bhd; and (4) Menara Lien Hoe, which had undergone upgrading works with tenants such as Bristol-Myers Squibb, Eisai Malaysia, Mead Johnson Nutrition, LEO Pharma and Radiance Communications. Menara Lien Hoe was formerly home to the headquarters of GlaxoSmithkline in Malaysia.

- We noted that the location is quiet for most of the weekends and Persiaran Tropicana can be heavy in traffic during the morning rush hour as residents in Ara Damansara/Subang uses this road to access Kota Damansara enroute to LDP and northern parts of KL.

- We particularly like its "tree-lined" dual-lane carriageway for most parts of Persiaran Tropicana. Road tunnel upgrading works comforted us quite abit as we felt that the existing dual-usage road tunnels are inadequate and not well-maintained (water ponding when rain) to cope with the traffic there.
user posted image
Pic from http://www.ptlm.com.my/index.php/lumi-tropicana.
*
thumbup.gif rclxms.gif
ju146
post Oct 22 2015, 10:51 PM

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QUOTE(haappywiinter88 @ Oct 22 2015, 04:28 PM)
Hi ju146,
May I ask exactly where is the showroom location?  any landmark to get there?  Just like to drop by to have a peep biggrin.gif
Thanks.
*
Near to PJ sin chew jit poh
haappywiinter88
post Oct 23 2015, 05:23 PM

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Thanks SPianz & ju146 for the showroom location.
Thanks patchay for the pointers...
rclxms.gif rclxms.gif
agc1818
post Oct 23 2015, 11:14 PM

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QUOTE(haappywiinter88 @ Oct 23 2015, 05:23 PM)
Thanks SPianz & ju146 for the showroom location.
Thanks patchay for the pointers...
rclxms.gif  rclxms.gif
*
Guys - I visited the sales gallery (no show unit) at Level 23A, Menara LGB in TTDI, near the VADS building. You can find the mock buildings and units there. Interesting thing is that one can book a unit without paying any deposit. Apparently the developer does not want to flout any laws since they are only expected to get the APDL in mid November. There are 2 Lumi projects - one in Tropicana and the other in Section 13. The focus is currently on the Tropicana project. Section 13 launch is not due so soon. My view is that we cannot avoid jams if we want good locations, especially in PJ area.
nanopico
post Oct 23 2015, 11:55 PM

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the management of this developer is quite new and dont seem to have any experience or track record in the market. this is the only one point that i am quite worry.
karenlane88
post Oct 25 2015, 11:59 AM

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Is the project compatible to tropicana garden ? From investment and own stay prospects.
mangoproperty
post Nov 4 2015, 06:58 PM

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This is definitely a better buy than Emporis KD. Very sorry to have compared this with Emporis. Should have taken a better comparison.
Hinka
post Nov 5 2015, 02:58 AM

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anyone interested to visit this project coming weekend? is private preview smile.gif
SPianz
post Nov 5 2015, 09:50 AM

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QUOTE(Hinka @ Nov 5 2015, 02:58 AM)
anyone interested to visit this project coming weekend? is private preview smile.gif
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You mean show unit? Or visit project site?
Christopher Dean
post Nov 5 2015, 11:06 AM

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QUOTE(SPianz @ Nov 5 2015, 09:50 AM)
You mean show unit? Or visit project site?
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Hmmm, Haven`t heard of any show unit or site preview yet.
Still waiting. Anyone can confirm this?
Brandon323
post Nov 5 2015, 12:10 PM

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Is there an office where I can go to where the selling prices are displayed? More transparent. How much are they selling? Lets say 10th facing golf course, how much per sf?

Hinka
post Nov 5 2015, 12:14 PM

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QUOTE(SPianz @ Nov 5 2015, 09:50 AM)
You mean show unit? Or visit project site?
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is developer office with scale model , show gallery not ready yet but soon. you may visit developer office (with appointment on PRIVATE PREVIEW ONLY) , interested? let me know ....
TSaccetera
post Nov 5 2015, 07:59 PM

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All of you who present this card are invited to an introduction event as mentioned.

user posted image
JamesPond
post Nov 10 2015, 08:24 PM

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Why Mulpha never become best dev?
Wazzada
post Nov 17 2015, 11:03 PM

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QUOTE(Brandon323 @ Nov 5 2015, 12:10 PM)
Is there an office where I can go to where the selling prices are displayed? More transparent. How much are they selling? Lets say 10th facing golf course, how much per sf?
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PM Me biggrin.gif !!
JamesPond
post Nov 17 2015, 11:16 PM

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QUOTE(Wazzada @ Nov 17 2015, 11:03 PM)
PM Me  biggrin.gif  !!
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Y mulpha never take good care of his brand name? Family matters?
haappywiinter88
post Nov 18 2015, 03:50 PM

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QUOTE(JamesPond @ Nov 17 2015, 11:16 PM)
Y mulpha never take good care of his brand name? Family matters?
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Why? Can share more info?
JamesPond
post Nov 18 2015, 10:03 PM

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QUOTE(haappywiinter88 @ Nov 18 2015, 03:50 PM)
Why?  Can share more info?
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Ask pet
corleone74
post Nov 26 2015, 09:58 AM

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QUOTE(Lamb.Chop @ Nov 19 2015, 07:03 PM)
Anyone can pm me for more info.
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LUMI will be priced on "average of 900rm psf" with smallest from 800++ sft.

http://www.theedgeproperty.com.my/content/...stressed-market

So we're looking at 2 bedroom units at above 800k. It will have a long swimming pool and faces golf course. 744 units, though.

This post has been edited by corleone74: Nov 26 2015, 10:00 AM
gks
post Nov 26 2015, 10:06 AM

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QUOTE(corleone74 @ Nov 26 2015, 09:58 AM)
LUMI will be priced on "average of 900rm psf" with smallest from 800++ sft.

http://www.theedgeproperty.com.my/content/...stressed-market

So we're looking at 2 bedroom units at above 800k. It will have a long swimming pool and faces golf course. 744 units, though.
*
the developer is very generous. Leaving 10% capital gain on the table for the buyers. thumbup.gif

My gut feeling is maybe none at all on the table. shakehead.gif
corleone74
post Nov 26 2015, 10:09 AM

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QUOTE(gks @ Nov 26 2015, 10:06 AM)
the developer is very generous. Leaving 10% capital gain on the table for the buyers.  thumbup.gif

My gut feeling is maybe none at all on the table.  shakehead.gif
*
we'll see wat's the official pricing after rebates . 800k+ (my guess only!) for 2 bedroom , LH project, next to highway, 116 units/ acre . whistling.gif whistling.gif hmm.gif hmm.gif is it considered "cheap" ? location is at the fringe of tropicana enclave, close to old bukit mayang emas .

This post has been edited by corleone74: Nov 26 2015, 10:10 AM
kochin
post Nov 26 2015, 10:20 AM

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do they have previous track record for completed developments?
i wonder what's gonna be offered for section 13?
Babizz
post Nov 26 2015, 10:38 AM

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even they only expecting 3% net yield...what kinda crap yield is that n when vp may b even lower...

I give them 1 thumbs up for being honest

This post has been edited by Babizz: Nov 26 2015, 10:40 AM
gks
post Nov 26 2015, 10:52 AM

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QUOTE(corleone74 @ Nov 26 2015, 10:09 AM)
we'll see wat's the official pricing after rebates . 800k+ (my guess only!) for 2 bedroom , LH project, next to highway, 116 units/ acre .  whistling.gif  whistling.gif  hmm.gif  hmm.gif  is it considered "cheap" ? location is at the fringe of tropicana enclave, close to old bukit mayang emas .
*
Look at the hype surrounded Capers when it was launched in 2012 and the subsale performance currently.

Some may argue Tropicana address carries more prestige but highway accesibilities, close proximity to LRT station Capers are still struggling with subsale/rental with RM700-800psf developer pricing for the 2 bedders.

This Lumi is trying for RM900psf. flex.gif
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post Nov 26 2015, 10:54 AM

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QUOTE(Babizz @ Nov 26 2015, 10:38 AM)
even they only expecting 3% net yield...what kinda crap yield is that n when vp may b even lower...

I give them 1 thumbs up for being honest
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If the 2 bedrooms rental can match those 3 bedders in Casa Tropicana they may able to get 3% gross yield. Such iconic building and longest pool is South East Asia.... How much is the maintenance fee?
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post Nov 26 2015, 12:03 PM

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QUOTE(Babizz @ Nov 26 2015, 11:38 AM)
even they only expecting 3% net yield...what kinda crap yield is that n when vp may b even lower...

I give them 1 thumbs up for being honest
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Very honest indeed. They mentioned capital appreciation of 10pc upon VP. smile.gif
corleone74
post Nov 26 2015, 01:21 PM

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QUOTE(gks @ Nov 26 2015, 10:54 AM)
If the 2 bedrooms rental can match those 3 bedders in Casa Tropicana they may able to get 3% gross yield. Such iconic building and longest pool is South East Asia.... How much is the maintenance fee?
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in the article its 33sen psf
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post Nov 26 2015, 01:29 PM

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QUOTE(Babizz @ Nov 26 2015, 10:38 AM)
even they only expecting 3% net yield...what kinda crap yield is that n when vp may b even lower...

I give them 1 thumbs up for being honest
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Babizz taikor, isnt 3% a market yield these days? As the many investors say, buy property and it will always appreciate!
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post Nov 26 2015, 11:31 PM

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QUOTE(kochin @ Nov 26 2015, 10:20 AM)
do they have previous track record for completed developments?
i wonder what's gonna be offered for section 13?
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Lumi Section 13. You can see the details on Lumi Gallery
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post Nov 29 2015, 01:57 AM

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post Nov 29 2015, 09:57 AM

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Market leader in term of the price there. It has to be very luxury to be survived. Longest pool n great fully furnished and easy entry. What else?

This post has been edited by MrHunter: Nov 29 2015, 09:58 AM
KopitiamTalk
post Nov 30 2015, 03:56 PM

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tropicana is majorly jammed. plus when it is raining heavily like nowadays, the tunnels are flooded and so, cars cannot go through. i would stay clear away from this place.
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post Nov 30 2015, 04:23 PM

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QUOTE(KopitiamTalk @ Nov 30 2015, 03:56 PM)
tropicana is majorly jammed. plus when it is raining heavily like nowadays, the tunnels are flooded and so, cars cannot go through. i would stay clear away from this place.
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for all the prestige, i think tropicana the access is badly designed.
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post Nov 30 2015, 05:39 PM

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QUOTE(KopitiamTalk @ Nov 30 2015, 03:56 PM)
tropicana is majorly jammed. plus when it is raining heavily like nowadays, the tunnels are flooded and so, cars cannot go through. i would stay clear away from this place.
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sounds like bad area.

Is Ara Damansara the same?
8sg9ft
post Nov 30 2015, 05:49 PM

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QUOTE(prophetjul @ Nov 30 2015, 05:39 PM)
sounds like bad area. 

Is Ara Damansara the same?
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No banjir in Ara Damansara. Not that I know of anyway

This post has been edited by 8sg9ft: Nov 30 2015, 05:50 PM
prophetjul
post Nov 30 2015, 05:55 PM

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QUOTE(8sg9ft @ Nov 30 2015, 05:49 PM)
No banjir in Ara Damansara. Not that I know of anyway
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What's the traffic like?

i am working in KLCC. But i would like to live outside the city. Any opinions of any good areas?

This post has been edited by prophetjul: Nov 30 2015, 05:55 PM
Babizz
post Nov 30 2015, 06:00 PM

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QUOTE(prophetjul @ Nov 30 2015, 03:55 AM)
What's the traffic like?

i am working in KLCC. But i would like to live outside the city. Any opinions of any good areas?
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tropicana is top 5 most prestigious/best area in KV...Inside very nice outside d tunnel n jam nt good..lumi location fr high end/lux is TOO close to the lrt n highway!!


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post Nov 30 2015, 06:04 PM

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QUOTE(Babizz @ Nov 30 2015, 06:00 PM)
tropicana is top 5 most prestigious/best area in KV...Inside very nice outside d tunnel n jam nt good..lumi location fr high end/lux is TOO close to the lrt n highway!!
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i was looking at Ara Damansara actually.
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post Nov 30 2015, 06:04 PM

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QUOTE(prophetjul @ Nov 30 2015, 05:55 PM)
What's the traffic like?

i am working in KLCC. But i would like to live outside the city. Any opinions of any good areas?
*
Ara Damansara easily accessible via the Subang Airport road if coming from Subang/Shah Alam/Klang. The other access is via Damansara Idaman/Damansara Lagenda road beside Tropicana if coming from Kota Damansara/Aman Suria/Bandar Utama/Kayu Ara side.

Morning head to KL out sure experience jam unless leave very early. Coming back from KL shouldn't be much problem near that area.

p.s sorry for diverting Lumi thread into Ara Dsara tongue.gif

This post has been edited by 8sg9ft: Nov 30 2015, 06:05 PM
prophetjul
post Nov 30 2015, 06:11 PM

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QUOTE(8sg9ft @ Nov 30 2015, 06:04 PM)
Ara Damansara easily accessible via the Subang Airport road if coming from Subang/Shah Alam/Klang. The other access is via Damansara Idaman/Damansara Lagenda road beside Tropicana if coming from Kota Damansara/Aman Suria/Bandar Utama/Kayu Ara side.

Morning head to KL out sure experience jam unless leave very early. Coming back from KL shouldn't be much problem near that area.

p.s sorry for diverting Lumi thread into Ara Dsara  tongue.gif
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Yeah.. apologies to the Lumi people. biggrin.gif

no Liverpool talk......... biggrin.gif
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post Nov 30 2015, 06:13 PM

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QUOTE(prophetjul @ Nov 30 2015, 04:04 AM)
i was looking at Ara Damansara actually.
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as of now jln lapangan terbang is among d most jammed roads in KV almost pers suriam level... hope they fix the road post LRT completion..u looking at landed ah? i dnt like d terrrace hses in tropicama cos its too dalam..if tropicana live in d mansions in front or anything close to the front!!

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post Nov 30 2015, 06:15 PM

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QUOTE(Babizz @ Nov 30 2015, 06:13 PM)
as of now jln lapangan terbang is among d most jammed roads in KV almost pers suriam level... hope they fix the road post LRT completion..u looking at landed ah? i dnt like d terrrace hses in tropicama cos its too dalam..if tropicana live in d mansions in front or anything close to the front!!
*
i was looking at the new condos in Ara Damansara. Like Potpurri, Ara Green

But reading some materials , it seems the landed property will have better values
Babizz
post Nov 30 2015, 06:18 PM

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QUOTE(prophetjul @ Nov 30 2015, 04:15 AM)
i was looking at the new condos in Ara Damansara. Like Potpurri, Ara Green

But reading some materials , it seems the landed property will have better values
*
yes ara terrace more than 1.5m now right? tropicana is LH so some avoid while many upper class still love it thr!! Glenmarie is another lux area like ara but try to get d landed away frm the main road!!saujana aso is gd..many lux condo thr aso!

This post has been edited by Babizz: Nov 30 2015, 07:12 PM
JC999
post Nov 30 2015, 06:44 PM

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How about saujana area just next door
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post Dec 1 2015, 04:14 PM

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Source: REVIEW section at http://www.ptlm.com.my/index.php/lumi-tropicana

QUOTE
Location, visibility and environment

Lumi Tropicana is located on Persiaran Tropicana in Tropicana Golf & Country Resort, Petaling Jaya and by the side of the New Klang Valley Expressway (NKVE). Persiaran Tropicana leads you to Kota Damansara (Persiaran Surian) on the north and Ara Damansara (Jalan PJU 1a/1) at the southern end, while connecting to Lebuh Bandar Utama towards the east with easy access to 1 Utama Shopping Centre. It is located just at the fringe of Tropicana Golf & Country Resort, Malaysia's largest golf course and clubhouse in the prospering corridor of Petaling Jaya Utara-Damansara.

High visibility is offered as those travelling on NKVE and those exiting the Damansara Interchange (enroute to KL) will not miss its architecturally-unique towers in the future. Residents of Lumi Tropicana will enjoy breathtaking views of golf grounds, gated communities and villas/bungalows, the rising skyline within this corridor, and the horizon views of sunset towards Rubber Research Institute Malaysia (RRIM) land in Sungai Buloh on the far west and the KL City skyline on the far east.

Lumi Tropicana is situated next to four office towers, namely - (1) Bangunan 3M, whose anchor tenant is 3M Malaysia; (2) Menara Persoft, a MSC Cybercentre location; (3) Bangunan Damansara Fairway, whose anchor tenant is AmBank Bhd; and (4) Menara Lien Hoe, which had undergone upgrading works with tenants such as Bristol-Myers Squibb, Eisai Malaysia, Mead Johnson Nutrition, LEO Pharma and Radiance Communications. Menara Lien Hoe was formerly home to the headquarters of GlaxoSmithkline in Malaysia.

Typically, the address of Tropicana carries an affluent touch due to the profile of the residents here. The Tropicana enclave is home to a significant number of family-based expatriates and golf-loving members of the championship course, who are locals and various nationalities, i.e. Japanese. Residents of the surrounding vicinity will need to pass through this development as they get into the Tropicana Main Entrance (Arch) or leaving this area towards Lebuh Bandar Utama via the Road Tunnel (below NKVE) - which will be upgraded by the developer, Tropicana Corporation Bhd and Prasarana Malaysia Bhd in the future.

We noted that the location is quiet for most of the weekends and Persiaran Tropicana can be heavy in traffic during the morning rush hour as residents in Ara Damansara/Subang uses this road to access Kota Damansara enroute to LDP and northern parts of KL. We particularly like its "tree-lined" dual-lane carriageway for most parts of Persiaran Tropicana. We are concerned about the road tunnel and the potential flooding.

We are comforted by the developer that a road tunnel upgrading scheme is currently being planned for future usage, as we felt that the existing dual-usage road tunnels are inadequate and not well-maintained (water ponding when rain) to cope with the traffic there.


Distance to key locations and growth value of an address

Being located in Petaling Jaya, Lumi Tropicana is within close driving reach to 15 shopping malls and established retail centres. It is less than 1km away to Jaya Grocer at Mutiara Tropicana and upcoming retail shops at Tropicana Avenue which possibly anchored by a Village Grocer outlet.

Lumi Tropicana is 15 minutes drive to the Subang SkyPark, which is Kuala Lumpur's secondary airport and is the main base for business jets and domestic commercial turbo-prop operations viz. Firefly and Malindo Air. Its relatively short distance to the airport makes it appealing to future tenants who travel frequently.

Within a 2km radius, property owners will look forward to an upcoming international school, the St. Joseph’s Institution International School (Opening in 2016); a Chinese-medium primary school, SJK(C ) Damansara; the clubhouse and sports centre at the Tropicana Golf & Country Resort; and several multi-national offices next door. The upcoming LRT and MRT projects will definitely bring more people into this area, bring more commercial establishments, ease traffic flow and improve the current environment.


Concepts, architectural and practicality aspects

"70% percentile" integrated living concept is achievable. Live, dine and shop within. Missing components are work, play and entertain which is no issue as the location is a short drive away to various business centres, shopping centres and an established clubhouse with a variety of restaurants and buffet as well as an integrated fitness and sports centre and a 56-bay driving range.

Lumi Tropicana has a unique architecture that is possibly among the most outstanding in Petaling Jaya. The juxtaposed and checkered array of balconies provide a refreshing outlook when viewed from ground level. Its trademark architectural fins provide a post-modern feeling to the façade and will be highly visible from far. Landscaped greens are greatly emphasized within its generous Lumi Park on Level 7 of the purpose-built carpark podium block.


Density of development

The total number of service residence is 744 units. They are equally hosted in each of the four 35-storey towers, hence 186 units per block. Alternatively, we counted 115 units built per acre of land.

The total gross floor area (GFA) is derived from a plot ratio of 4.0, which is relatively a standard density for recent developments on commercial land in Petaling Jaya suburbia. Hence, we believe that the density of the development is average or mid-range.

We noted that there are 62 units of Small Office Home Office (SOHO) at the lower podium block, with 31 units per duplex level, situated right above the retail component known as Lumi Marketplace. These SOHO units are deemed as "limited edition" property here, as the developer briefed us earlier that they would be selective to selling these units to those who genuinely work-from-home in order to create a balance between pure residential usage in tower blocks and work usage in SOHO units.


Developer and branding

Previously known as Mulpha Land Bhd, today Thriven Global Bhd, under the new management team, is building itself to be an uprising property developer in the coming years. The developer has projects in the Klang Valley, Penang and Kedah with an estimated gross development value (GDV) of RM1.8 billion planned for launch in the next 18 months. These projects will keep it busy until 2019.

The vision of the developer is to advance luxurious-yet-affordable highrise living under an aspirational brand called Lumi Collections while maintaining community-focused development under Enesta Affordable Series which are price-driven or township-based.

Lumi Tropicana is the company's first property development, hence it is most vital for the company to prove itself here. As part of Lumi Collections series of affordable luxury homes, the developer intends to offer facility management such as housekeeping and maintenance services while its hospitality and lifestyle retail division will offer hospitality and concierge services as well as rental management for property owners. A rental management team will set up a webportal to post all available units for rent.

The idea will positioned the developer in a different league as it would have provided a one-stop service centre for the whole life cycle of a property, from commencement to development and subsequently completion. Already done so, Thriven's subsidiary Eco Green Services is currently managing its completed projects (previously under Mulpha) such as Raintree Residence and Enclave Bangsar, both in Kuala Lumpur. Ultimately, the developer aims to grow the Lumi Collections into a full-range hospitality management brand in the near future, similar to Fraser Hospitality chain from Singapore.


Price level and price comparison

As of November 2015, both the first two towers, Play and Action, have an average price range of between RM915 and not more than RM1,100 psf. Majority of its units are priced below the RM1 million mark.

The price psf range is competitive and comparable to the asking subsale price of the nearest property today, Tropicana Avenue. Per square foot basis, it is marginally lower than Tropicana Gardens' most recent launch property, the Cyperus. It was launched in November 2014. It has a total of 406 units with built-ups from 600 square feet onwards. It has an average gross selling price of RM1,257 psf with a net-after-rebates average of RM1,100 psf. According to Tropicana Corporation Bhd, it has been 80% sold as of October 2015.

However towards the southern side, properties in Ara Damansara command a lower per square foot basis on average, although a recent launch there has catch-up to a gross of RM950 psf. One of the nearest property to Lumi Tropicana is Maisson Ara Damansara, which has built-ups from 500 square feet, selling from RM360,000 onwards, or approximately RM750 psf (for smaller types).

We believe that Lumi Tropicana is most suitable for upgraders looking for own stay and who wish to enjoy the green environment away from the hustle and bustle of city living. As they say, Tropicana is probably "one of the best place to live" in Petaling Jaya given the ample amenities in and around them and a short neighbourhood-drive to major highways. The short supply of landed properties in the vicinity will also help raise demand for highrise ones in the area. The landed properties in the area run into millions of ringgit and are out of reach for many, hence the apartments and condominiums are the next available properties.

In today's market, typically, the surrounding vicinity area of Tropicana offers an average rental yield at 3.0% to 3.5%. As such, Lumi Tropicana is attractive to property investors who held long-term view in their investments. That means, an investor may not be able to see instant returns but prefers to hold the property for capital appreciation over a longer duration, i.e. >5 years upon delivery of vacant possession. These investors may wish to tap into potential rentals from quality tenant profile, herein targeting affluent locals or foreign expatriates, who are able to afford larger rental amounts over the matured tenancy tenure. It is said that quality tenants may not be in high numbers but the address of Tropicana would have an advantage. The future LRT/MRT connectivity will help boost rental yield.


Surrounding commercial, infrastructure, amenities, distance and accessibility

Tropicana is largely an upmarket housing and bungalow/villa enclave with matured amenities. Currently, one would have to drive out to the neighbouring suburb to perform banking and groceries shopping. The nearest commercial hub is Dataran Sunway in Kota Damansara, which is a well known dining and business address. It is also close to Bandar Utama, which has 1 Utama Shopping Complex, one of Malaysia's largest mall, and a neighbourhood retail plaza called Centrepoint.

If approved by the authorities, Lumi Tropicana will be seamlessly doorstep to the proposed LRT3 Lien Hoe Station. It will be three stops north-bound to MRT Bandar Utama Interchange Station (MRT Line 1 and LRT3) and three stops south-bound to LRT3 Glenmarie/Station 3 Interchange Station (LRT3 and Kelana Jaya LRT Line Extension). Travelling distance to these interchanges should not exceed 15 minutes. To ensure greater privacy for residents, LRT commuters will only alight to the public area of Lumi Marketplace.

Besides the LRT connectivity, Lumi Tropicana's accessibility will be greatly enhanced with the proposed road tunnel upgrade enabling smooth traffic at the intersection of Persiaran Tropicana. Road lanes will be expanded to three and the existing tree-lined road divider will be removed to allow car entry into Lumi Tropicana.


Existing demographics

Tropicana is an affluent area with high-income earners. Neighbouring Kota Damansara and Ara Damansara are largely mix demographic areas with a moderate purchasing power level.

Tropicana Golf & Country Resort is a 625-acre gated and guarded community which is now home to multi-national residents attracted to resort-style living set amidst rolling green, and anchored by the 380,000 square feet Tropicana Clubhouse with the 27-hole East and West championship golf courses adjacent to it. Meanwhile, Tropicana Indah Resort Homes is located on 409 acres of prime land with abundant natural greenery, right next to the Tropicana Golf & Country Resort. The resort development comprises over 1,700 residential units, most of which are landed bungalows, Semi-Ds and villas, business parks and smart schools.


Presence of future catalystic projects

Lumi Tropicana is an upcoming transport/transit-oriented development (TOD) as it will be seamlessly connected to the proposed LRT3 Line and Lumi Collections will offer shuttle services to nearby MRT stations.

The mass rapid transit (MRT) Sungai Buloh-Kajang Line, or MRT Line 1, will have 4 stations within 5.5km radius to Lumi Tropicana. As Malaysia develops its public urban rail transportation system, an MRT project will significantly boost property values in the surrounding vicinity. The Surian MRT Station is located at the northern end of Persiaran Tropicana.

LRT3 Line's designated Lien Hoe Station is a doorstep away from your home at Lumi Tropicana. The urban rail transportation - LRT3 Bandar Utama-Klang - is a new light rail transit line spanning 36km in length with 25 stations including an underground station. The lines travels from Bandar Utama MRT Station to the Johan Setia station, near Bandar Parklands in Klang. The line will serve an estimated ridership of 70,000 per day and travel time between end-to-end will be 51 minutes.

The project owner, Prasarana, had announced the appointment of MRCB George Kent Sdn Bhd as the project delivery partner (PDP) for LRT3 in September 2014. The construction of the RM10 billion project will begin in Q1 2016 and will be completed by 31 August 2020. The first service is expected to begin on 1 September 2020.


Continuity development

Lumi Tropicana is a single phase mixed development whereby all its components will be built concurrently. The developer intends to own, manage and lease-out its retail component, the Lumi Marketplace, to ensure the right tenant mix. Several parties such as The BIG Group are already in preliminary talks with the developer to operate the retail space.

Testament to its branding of Lumi Collections, the developer's vision is to provide comfort and convenience all year round within all its Lumi properties. Come home to its signature hotel-styled housekeeping and concierge services, the Lumi Collections herald a new era in innovative lifestyle-driven residential products and services that are thoughtfully integrated with commercial and public spaces – a collection where experiences are unique, authentic and enriching.

The developer has several upcoming and future developments that will be benchmarked against Lumi Tropicana; this being the first product of service residences under the brand Lumi Collections.


Land tenure

Leasehold.


Transit oriented development (if applicable)

Direct residents connectivity to rail transportation makes Lumi Tropicana a transport/transit-oriented development (TOD).


Integrated retail concept (if applicable)

Lumi Tropicana will house a double-volume retail floor known as Lumi Marketplace. The developer intends to own, manage and lease-out Lumi Marketplace to ensure the right tenant mix. The retail space encompasses both indoor and outdoor areas. The indoor areas are designed to host a variety of outlets such as a Lumi Grocer, bakery, café, casual dining restaurants, laundrette, convenience store, salon and a sports/hobbies store.

The outdoor areas are designed for communal interaction whereby specially-built retail cabanas will draw crowds to dine al-fresco and to host private functions amidst greenscapes and lush gardens. As carefully-designed, a single operator of the retail space is able to become an anchor tenant.

With a touch of a lift button, residents will be able to walk into the Lumi Marketplace and enjoy these retail amenities. On the far-end of the retail component will be the Lumi Grocer and commuters will alight in comfort from the LRT station.


Competitor risk - peer-to-peer product comparison against its vicinity

Its indicative price level would posed a competitor risk against other developments within close proximity with a lower price per square foot.

Pricing is subjective to the overall product value proposition. We formed an unbias opinion based on our study of transacted data and understanding of the local market. We feel that the price range for the first two blocks of between RM915 psf and RM1,100 psf is a slight premium to the current immediate subsale price but fairly reasonable for a property completing 4 years down the road. The subsequent blocks are presumably going at a higher average price. There are limited future supply of condominiums with similar unit sizes with Lumi Tropicana in this address.

The nearest luxury condominium from its location will be Tropicana Avenue and Tropicana Grande. The former has similar unit built-ups with Lumi Tropicana but it is a completing-soon project by end of 2015, while the latter, which has a minimum unit built-up of 2,283 sq ft, was a completed project in 2013. According to real estate consultants familiar with the area, the general asking price in the secondary market for Tropicana Avenue Residence's 660 sq ft (1+1 room/intermediate unit) and 1,019 sq ft (2+1 room/corner unit) would be in the range of RM900 psf to RM1,000 psf.

Competition is relatively high from the vicinity's northern and southern neighbours of Kota Damansara and Ara Damansara. Cyperus Serviced Residences at Tropicana Gardens (Phase 3) in Kota Damansara, which was reviewed by PTLM in April this year, was going for RM1,267 psf for fully-furnished move-in condition, and later revised to a minimum of RM1,010 psf onwards for bare unit or non-furnished unit. Comparing unit sizes below 1,000 sq ft, the average gross selling price for Maisson Ara Damansara (Freehold) is RM720 psf while The Potpourri @ Ara Damansara (Leasehold) is RM880 psf onwards.

The highest transacted subsale in Cascades Residence in Kota Damansara is RM928 psf which happened last year. In July 2015, Tropicana Grande was transacted at RM802 psf for a 2,283 sq ft unit. For the mass-market and older condominiums, the average transacted subsale in Opal Damansara was RM531 psf; Riana Green Tropicana was RM553 psf; Cita Damansara was RM580 psf; Casa Tropicana was RM592 psf; while Casa Indah was RM623 psf.
This post has been edited by accetera: Dec 1 2015, 04:16 PM
KopitiamTalk
post Dec 1 2015, 05:14 PM

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QUOTE(prophetjul @ Nov 30 2015, 05:55 PM)
What's the traffic like?

i am working in KLCC. But i would like to live outside the city. Any opinions of any good areas?
*
Bad as well. it's normally chock-a-block from subang airport to downtown. also, there are parts of ara that does flood when there is heavy rain. then again, which place is not flooded right? with so much development and drainage not upgraded, it is pretty much a norm anywhere.
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post Dec 6 2015, 09:49 AM

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corleone74
post Dec 6 2015, 11:34 AM

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so anyone went to gallery and anyone bought? how is the pricing for this? just curious.
corleone74
post Dec 6 2015, 11:37 AM

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QUOTE(prophetjul @ Nov 30 2015, 06:15 PM)
i was looking at the new condos in Ara Damansara. Like Potpurri, Ara Green

But reading some materials , it seems the landed property will have better values
*
landed normally appreciate more but have poorer rental. depends on your strategy. some landed appreciate much less compared to others, for eg that terraced houses taman in damansara damai by talam.

working in KLCC stay in Ara Damansara, is ok but not exactly ideal. you'd do better lookin nearer to town . tropicana area is good but leasehold.

This post has been edited by corleone74: Dec 6 2015, 11:38 AM
Babizz
post Dec 6 2015, 06:09 PM

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QUOTE(corleone74 @ Dec 5 2015, 09:37 PM)
landed normally appreciate more but have poorer rental. depends on your strategy. some landed appreciate much less compared to others, for eg that terraced houses taman in damansara damai by talam.

working in KLCC stay in Ara Damansara, is ok but not exactly ideal. you'd do better lookin nearer to town . tropicana area is good but leasehold.
*
good friend just bought here.. quite impressive for the price paid n tropicana area.. the showunit quite nice, when u going bro? rclxms.gif rclxms.gif
he paid around 900+psf (AWAY from lrt) 2+1 room 1050 or 1010 sqft (dnt rmbr) 2 carparks, FULLY furnished drool.gif drool.gif drool.gif drool.gif drool.gif

With regard to damansara damai, the address n area explains the appreciation tongue.gif tongue.gif tongue.gif
corleone74
post Dec 6 2015, 08:50 PM

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QUOTE(Babizz @ Dec 6 2015, 06:09 PM)
good friend just bought here.. quite impressive for the price paid n tropicana area.. the showunit quite nice, when u going bro? rclxms.gif  rclxms.gif
he paid around 900+psf (AWAY from lrt) 2+1 room 1050 or 1010 sqft (dnt rmbr) 2 carparks, FULLY furnished
With regard to damansara damai, the address n area explains the appreciation 
*
so final price is above 900K? whistling.gif hmm.gif hmm.gif
ryan@chua
post Dec 6 2015, 09:21 PM

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QUOTE(Babizz @ Dec 6 2015, 07:09 PM)
good friend just bought here.. quite impressive for the price paid n tropicana area.. the showunit quite nice, when u going bro? rclxms.gif  rclxms.gif
he paid around 900+psf (AWAY from lrt) 2+1 room 1050 or 1010 sqft (dnt rmbr) 2 carparks, FULLY furnished  drool.gif  drool.gif  drool.gif  drool.gif  drool.gif

With regard to damansara damai, the address n area explains the appreciation  tongue.gif  tongue.gif  tongue.gif
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Important thing is for own stay or investment

Babizz
post Dec 6 2015, 11:56 PM

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QUOTE(corleone74 @ Dec 6 2015, 06:50 AM)
so final price is above 900K?  whistling.gif  hmm.gif  hmm.gif
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yes after all rebate is 900++k.. i told him if mulpha cn deliver as promised then its an gd buy fr ownstay but i still hv my concerns on d execution
wanfongc
post Dec 9 2015, 09:07 PM

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Architect - RT&Q ( YTL Sentul The Capers, d7@Sentul East)
Landscape Architect - SD2 ( YTL The Capers, E&O St Mary Residence, BRDB One Menerung)
Look forward to the end product of tis project.. Impressive concept..

This post has been edited by wanfongc: Dec 9 2015, 09:12 PM
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post Dec 9 2015, 11:22 PM

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.

This post has been edited by mthc: Dec 10 2015, 07:14 AM
Ouch23
post Dec 18 2015, 02:27 PM

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QUOTE(Babizz @ Dec 6 2015, 11:56 PM)
yes after all rebate is 900++k.. i told him if mulpha cn deliver as promised then its an gd buy fr ownstay but i still hv my concerns on d execution
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Went there and have a peek .... looks like ... they cleared the land already ....
wil-i-am
post Dec 19 2015, 04:45 PM

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Developer organize lunch (11am to 2pm) n dinner (5pm to 9pm) today
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post Dec 19 2015, 04:47 PM

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QUOTE(wil-i-am @ Dec 19 2015, 04:45 PM)
Developer organize lunch (11am to 2pm) n dinner (5pm to 9pm) today
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free food?
wil-i-am
post Dec 19 2015, 04:59 PM

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QUOTE(JamesPond @ Dec 19 2015, 04:47 PM)
free food?
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Yup nod.gif
wkcckw
post Dec 19 2015, 08:57 PM

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QUOTE(accetera @ Dec 27 2013, 02:01 PM)
CADANGAN LANDSKAP BAGI CADANGAN PEMBANGUNAN PERNIAGAAN: (1) 4 BLOK PANGSAPURI SERVIS 35 TINGKAT (744 UNIT) DI ATAS 4 TINGKAT PODIUM YANG MENGANDUNGI SOHO (62 UNIT), KEDAI, KEMUDAHAN REKREASI DAN TEMPAT LETAK KERETA (2)1 BLOK TEMPAT LETAK KERETA 7 TINGKAT DAN KEMUDAHAN DI TINGKAT ATAS DI ATAS LOT 212 DAN LOT 213, PERSIARAN TROPICANA, PJU 3, MUKIM DAMANSARA, DAERAH PETALING, SELANGOR DARUL EHSAN UNTUK TETUAN MAYFAIR VENTURES SDN BHD
FLASH BACK
Mulpha Land to develop RM700mil service apartments in Tropicana
The StarProperty | June 6, 2013  |  327 Views |  Topic : Property News.
http://www.starproperty.my/index.php/artic...s-in-tropicana/

The project site fronts Tropicana Golf and Country Club.

KUALA LUMPUR: Mulpha Land Bhd’s unit Mayfair Ventures Sdn Bhd has acquired two adjacent parcels of leasehold land for RM116.1mil cash to develop into a mixed commercial development with a gross development value (GDV) of about RM700mil.

In a filing with Bursa Malaysia, Mulpha Land said Mayfair acquired the land measuring 6.41 acres from Tropicana Gold & Country Resort Bhd, a wholly-owned subsidiary of Tropicana Corp Bhd. “Upon completion of the proposed acquisition, Mayfair Ventures intends to develop the land for mainly service residences,” Mulpha Land said.

“The lands are situated on Persiaran Tropicana fronting the Tropicana Golf & Country Club. The immediate surrounding area of the lands consists of a golf course, matured residential dwellings and commercial developments.”

The sale and purchase agreement is targeted for completion in the 4th quarter of 2013, and is expected to generate a net gain of RM87.0 million for Tropicana Group, said Tropicana in a release.

Tropicana Group CEO Dato’ Yau Kok Seng, said, “We are extremely pleased to announce this sale. The pricing of approximately RM416 per square foot is a fair level for us to crystallise the value of these land parcels. This transaction is in line with Tropicana’s strategy to unlock the significant value of our Group’s landbank, and to further degear our balance sheet.”
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post Dec 20 2015, 12:20 PM

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QUOTE(wil-i-am @ Dec 19 2015, 04:45 PM)
Developer organize lunch (11am to 2pm) n dinner (5pm to 9pm) today
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Todau got free lunch n dinner?
hondaracer
post Dec 20 2015, 12:21 PM

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I am hungry now... want to see the crowd....
Any crowd on sat? Sales progress good??
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post Dec 20 2015, 12:59 PM

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QUOTE(hondaracer @ Dec 20 2015, 12:20 PM)
Todau got free lunch n dinner?
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Nope
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post Dec 23 2015, 10:02 AM

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QUOTE(brensek @ Dec 6 2015, 09:49 AM)
user posted image
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I got a question,

What's mean by restriction in interest:the land cannot be transferred? izziz because of strata title or lease hold?
Meaning if cannot transfer izziz cannot transfer title if sell to 3rd party? rclxub.gif

If betul then how to invest?

dai ko dai ko please kindly advise.
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post Dec 23 2015, 01:48 PM

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QUOTE(Redhotchili @ Dec 23 2015, 10:02 AM)
I got a question,

What's mean by restriction in interest:the land cannot be transferred? izziz because of strata title or lease hold?
Meaning if cannot transfer izziz cannot transfer title if sell to 3rd party?  rclxub.gif

If betul then how to invest?

dai ko dai ko please kindly advise.
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no such thing. Who tell you this?
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post Dec 30 2015, 11:40 PM

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i checked out the area, and saw there is a high voltage power line tower right in front of lumi. isn't this not good for property?
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post Dec 31 2015, 09:26 AM

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QUOTE(rignhom @ Dec 30 2015, 11:40 PM)
i checked out the area, and saw there is a high voltage power line tower right in front of lumi. isn't this not good for property?
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Are there high tension cables in front of Lumi? Haven't notice that. There is a high tension power cables about 500m2 away near the nurseries.
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post Dec 31 2015, 10:17 AM

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showhouse workmanship not that great.
salute the developer for being so brave.
so many units and such pricing.
i wonder how well the 3rd block and 4th block is going to move.
SPianz
post Dec 31 2015, 10:30 AM

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The 3rd & 4th block are golf course facing...shouldn't be difficult
Alexis Sanchez
post Dec 31 2015, 10:32 AM

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Quite reasonable price rclxm9.gif
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post Dec 31 2015, 12:35 PM

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QUOTE(SPianz @ Dec 31 2015, 09:26 AM)
Are there high tension cables in front of Lumi? Haven't notice that. There is a high tension power cables about 500m2 away near the nurseries.
*
i think we are referring to the same cable, the one opposite the road. looks quite near beside the nursery, like less than 500m.
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post Dec 31 2015, 04:34 PM

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Any sales agent here? Pls pm me details
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post Jan 3 2016, 11:09 PM

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Good News: Special Early-Bird Rebates Package is now extended for another 2 months. Pm me if you interested to know what is it. https://docs.google.com/forms/d/1f5kpqu883H...1&usp=send_form


Source: REVIEW section at http://www.ptlm.com.my/index.php/lumi-tropicana

QUOTE
Product specification facts

Practical unit layout design

Unit layouts are mostly "squarish" or in standard rectangle forms. Floor efficiency is relatively high as every space is utilised wisely. There are three main types, whereby Type A refers to sizes below 1,000 sq ft; Type B refers to sizes below 1,500 sq ft; and Type C refers to sizes above 1,500 sq ft.

For Type A which are 2 bedrooms and below 1,000 sq ft, the variants are A: 862 sq ft (no balcony), A1: 920 sq ft (1 balcony for master bedroom) and A2: 979 sq ft (2 balconies for master bedroom and living area). Type A generally are compact in design and promotes an open-concept, compact kitchen without yard. The design optimum is focused in the master bedroom and master bathroom with sufficient closet area.

For Type B which are 2 bedrooms + 1 study room, the variants consist of intermediate types, which are B: 1,010 sq ft (no balcony), B1: 1,085 sq ft (1 balcony for 2nd bedroom) and B2: 1,159 sq ft (2 balconies for master bedroom and living area); and corner types, which are B3: 1,009 sq ft (no balcony), B4: 1,084 sq ft (1 balcony between master bedroom and dining area) and B5: 1,084 sq ft (1 balcony for living area).

The major differences between the intermediate and corner types are (1) the intermediate type has a total of 3 bathrooms including powder room compared to 2 bathrooms for the corner type, (2) this is because the intermediate type has ensuite bathroom for the 2nd bedroom, (3) the corner type has a double-sided glass wall master bathroom protruding the corner structural walls to give it a cool factor, (4) the intermediate type is an open-concept, compact kitchen with a look-through glass wall as opposed to a fully-enclosed kitchen with door for the corner type, and (5) the corner type has both living and dining areas parallel to each other plus a breakfast counter area hence making it a very spacious-looking layout with full double-width glass view to the outside.

We also noted that the 2nd bedroom for the intermediate type fits a single bed only whereas the corner type's 2nd bedroom is able to fit a queen size bed. Both types have equally compact study room which may fit a single bed if space are maximised to the wall, however, the main cover for the study room will be intended as open, partitionless area.

For Type C which are 3 bedrooms + 1 maid or utility room, the variants consist of C: 1,509 sq ft (full enclosed triple lanai areas) and C1: 2,218 sq ft (full enclosed triple lanai areas with a private garden and terrace). These types are generally catered to family living, with a grand master bathroom with sunken bathtub, a large kitchen area with a provision for maid or utility room and a washing toilet, and glass railing opening for all three lanai areas. Type C1 is unique on its own because one would enter the unit with a gate-door entering the unit private garden and terrace area, which has a double-floor ceiling clearance, before reaching the foyer-front of the unit.


Unit orientation

Generally, Lumi Tropicana's headline orientation is North and South, parallel with the alignment of the NKVE. However, since the shape of the land is a semi-sphere, the tower blocks are built around the curve with the Play Tower facing directly south and proportionately moving westwards as the sequence of the tower blocks follow as such: Action, Wellness and Business & Lifestyle.

Play Tower is the closest to the NKVE and the LRT station and track. Some owner concerns would be noise, air pollution and vibration, however, the developer will be taking steps to minimise its direct impact. Prasarana may also build a sound barrier system and installing track acoustic absorption along sensitive areas to mitigate these pollutions. We noted that Action Tower is built with a slight inward positioning over the Play Tower in order to minimise the direct impact of noise. The Business & Lifestyle Tower will be directly facing west with the most breathtaking view of the horizon above the golf course.


Fittings and furnishings

Lumi Tropicana is partially-furnished. The provided items are as follows:

Foyer: Solid timber fire-rated door.

Air-conditioning: Split units provided for living/dining, all bedrooms (except utility room) and study room.

Living: Full height display/book/shoe storage cabinetry.

Dining: Breakfast counter with sink and island bar (selected unit type).

Kitchen: All kitchen cabinetry top and bottom, hob and hood, microwave oven, refrigerator and washer-dryer combo.
Utility Room: Sliding door (selected unit type).

Bedroom: All bedrooms will have full height single or two wardrobes with corner book shelf.

Bathroom (except maid toilet): Hot water system, rain shower, shower screen, vanity top, glass mirror and cabinetry: wall, top and bottom. Type C will have double-basin vanity and a soaking bathtub.

Ceiling: Plaster ceiling and low-energy or LED lightings installed for all areas.

Balcony: Planter box with ready-to-plant soil.

Lanai: Glass sliding door with security glass (selected unit type).

Services: Delivered with home broadband via Fibre-To-The-Home (FTTH) with 1st year free subscription.


Sufficiency of parking bay and carpark allocation

There will be over 2,000 carpark bays provided for residents of tower blocks. As a luxury development on a 6.42-acre land, Lumi Tropicana is designed with a purpose-built residents-only carpark block sitting away from the tower blocks. Residents will find themselves walking through either the ground drop-off level via nearest lift core, or towards the nearest lift core to the respective tower blocks at parking floor and then walking through sheltered walkways at Lumi Park.

The public visiting Lumi Marketplace and office users of Lumi SOHO will enter a sub-basement carpark area from the main entrance. The sub-basement area is segregated from the residents' carpark block hence providing privacy to residents.


Design of corridor, corridor spaces and ventilation

The corridors are naturally-ventilated and have sufficient natural sunlight. The central core contains the lift lobby. A typical floor in each tower block has a total of 3 lifts serving up to 6 units per floor. The three lifts included one service/stretcher lift. The lifts are high-speed operating at 3.0 mps to 3.5 mps, which is roughly 1 floor per second. Waiting time is expected to be under 30 seconds, which is in line with most luxury residences. There will be two emergency staircases at each floor. Its mini air-wells alongside the corridor of apartment units will provide ventilation to kitchen and bathrooms with operable windows.


Availability of proper refuse area

The refuse room is built within its service area, which is enclosed away from the centre core lift lobby. The service/stretcher lift will have a double-sided opening, with one opening to the enclosed service area. This enables refuse cleaning to be carried out away from the centre core lift lobby.


Variety of facilities, green and open spaces
- Example: For families, children-friendly facilities are to be considered


More than 30 facilities are offered to residents across a 3-acre recreational deck known as Lumi Park, the stunning curved-edge Lumi Pool and across each of the themed towers. Lumi Park spans across the rooftop of the residents' carpark block and offers outdoor facilities such as a full-sized futsal court, a full-sized tennis court, rock climbing walls, putting green with sand bunkers, jogging track, cycling path, family BBQ area, children excitement playground and others.

Each tower will have its own set of indoor facilities catering to different age groups, individual personalities and lifestyle needs. The residents are allowed to use these facilities across towers by keycard access to the Sky Terrace floors. A resident may host birthday parties with family and friends at Sky Dining with a full glass view of the adjacent golf course and an evening chillout at Sky Bar. Another resident may enjoy a warm Spa after working out at the well-equipped Gymnasium.

At 190 metres in length from end-to-end, Lumi Pool will be the longest infinity swimming pool in Asia. It will face Tropicana Golf & Country Resort and beat the 150 metres swimming pool at Marina Bay Sands in Singapore. At Lumi Pool, there will be sheltered and non-sheltered areas for maximising pool fun at varying weather condition. There will also be sunken jacuzzi, sun deck, kids waterplay area and wading pool.


Reasonability of maintenance fees based on offered facilities over density

The fixed total maintenance charge is RM0.33 psf, inclusive of sinking fund and a 12-hour concierge service at reception. This is reasonably on the low side. We felt that the charge is very reasonable after considering similar properties in surrounding areas, the current density, the enormous area of facilities and future upkeep costs. Any furtherance of maintenance charge will be decided upon delivery. However, we noted that certain facilities such as Conference/Meeting Room will be separately charged on pay-per-use. In the later years, residents could be reaping the benefits of a better energy and water efficiency as Lumi Tropicana is designed to meet GBI Gold compliances.


Impressive and modern façade

A major selling point of Lumi Tropicana is its awe-inspiring, eye-catching outlook and façade. Among the major highlights are a series of vertical architectural fins (for units with no balconies) and checkered arrays of balconies with a potential wrapped-over by creeper plants.

The building structure consists of two layers, whereby two smaller-sized units facing the inner-side flanked by four larger-sized units facing the outer-side. Both layers are adjoined within a centre core. The excess outlook will be glass windows and walls. The walls are treated in "honeycomb" style with a raw finish. Interestingly, each tower's Sky Terrace levels will have a glass protrusion at the façade-edge of the tower block giving a "cool" effect at sky view.


Entrance statement, guardhouse, drop-off area and lift lobby

A majestic dual-carriageway entrance greets you alongside the development's grand signage and water feature at the shoulder of Persiaran Tropicana. As you come to a roundabout, going rightwards will bring you to a sub-basement carpark meant for visitors and occupants of Lumi Marketplace or Lumi SOHO.

To enter the elevated carpark block, residents of tower blocks will drive leftwards towards Lumi Security's entrance checkpoint and guardhouse. Upon arrival, residents have the option of drop-off at its signature "Vortex" shared among the pairs of blocks. Pebble stones inserted with spot-lightings illuminating upon tall trees will light up the "Vortex" during the evenings. Residents will instantly be reminded of the lobby themes present in each tower and a tap of your keycard opens up the lift lobby to your homecoming.

Cars are parked at designated parking bays at the designated floor. Residents will walk towards the closest lift lobby and take a ride up to the rooftop of the residents' carpark block, which is the Lumi Park, for a short walk along sheltered walkways to enter tower block's lift lobby. Walk-in-style over "mini-skybridges" connecting the tower block's lift lobby and Lumi Park. The residents may also access the lift lobby from ground floor.


Security features and privacy design

Standard 3-tier security provided with keycard access system: (1) At ground level entrance checkpoint for vehicles; and (2) Keycard access to entrance of lift lobby; and (3) Lift requiring keycard access to resident's unit floor. Security features include: (1) 24/7 guarding and patrol; (2) Keycard access system to lift lobby and to your unit floor and keyless home access enabled; (3) Intercom connectivity; and (4) CCTV and HD Digital Video remote surveillance.


Other unique features

Lumi Tropicana is a unique development in the vicinity of Tropicana comprising of Residences, SOHOs (Office) and Marketplace (Retail) integrated within a single development. It is the only transport/transit-oriented development (TOD) in this area.


Green rating or greening features

Roughly 32% of development land is reserved to plant greeneries. Lumi Tropicana aims to achieve GBI Gold rating, a key sustainable feature in future developments.
This post has been edited by accetera: Jan 3 2016, 11:12 PM
rsquared
post Jan 4 2016, 12:28 AM

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QUOTE(Alexis Sanchez @ Dec 31 2015, 10:32 AM)
Quite reasonable price  rclxm9.gif
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propertybbb
post Jan 4 2016, 12:35 AM

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Went to sales gallery. Sales chart quite pathetic.

This post has been edited by propertybbb: Jan 4 2016, 12:35 AM
BEANCOUNTER
post Jan 4 2016, 07:34 AM

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QUOTE(propertybbb @ Jan 4 2016, 12:35 AM)
Went to sales gallery. Sales chart quite pathetic.
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I reckon they will still be selling upon VP........

Once you started high....there is little room to back down....
gks
post Jan 4 2016, 07:55 AM

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QUOTE(propertybbb @ Jan 4 2016, 12:35 AM)
Went to sales gallery. Sales chart quite pathetic.
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not surprise.

At current market climate and this location, not easy to sell at such psf despite the ups

the mantra of 2015 was affordable housing.
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post Jan 4 2016, 08:51 AM

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This piece of land is perhaps the worst location within Tropicana with access limited and stands next to office blocks, where haphazard parkings are common.
gks
post Jan 4 2016, 09:04 AM

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QUOTE(BigMan123 @ Jan 4 2016, 08:51 AM)
This piece of land is perhaps the worst location within Tropicana with access limited and stands next to office blocks, where haphazard parkings are common.
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As overall tropicana masterplan the access is not great however due to the majority development is low density it is not much felt.

However Accetera claimed developer will significant upgrade the access. Which i am interesting to see how they intend to do it.
Brandon323
post Jan 4 2016, 09:24 AM

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QUOTE(propertybbb @ Jan 4 2016, 12:35 AM)
Went to sales gallery. Sales chart quite pathetic.
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price high high, say bye bye lor tongue.gif
gks
post Jan 4 2016, 09:46 AM

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QUOTE(Brandon323 @ Jan 4 2016, 09:24 AM)
price high high, say bye bye lor tongue.gif
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If this project was sold in 2011/2 from RM800psf, i think many will bite due to hot property market and much easier financing without ltv restriction.

Even now, Fennels at Sentul East cannot fully sold and YTL needs to offer easy entry which unheard off from YTL.
BEANCOUNTER
post Jan 4 2016, 10:01 AM

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QUOTE(gks @ Jan 4 2016, 09:46 AM)
If this project was sold in 2011/2 from RM800psf, i think many will bite due to hot property market and much easier financing without ltv restriction.

Even now, Fennels at Sentul East cannot fully sold and YTL needs to offer easy entry which unheard off from YTL.
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with the very average performance of capers...who dares to buy fennel for investment???????

as usual lah.....only handful of YTL strong supporters and directors will win......the rest of investors (those bought later stages) can only dream........
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post Jan 4 2016, 10:09 AM

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QUOTE(BEANCOUNTER @ Jan 4 2016, 10:01 AM)
with the very average performance of capers...who dares to buy fennel for investment???????

as usual lah.....only handful of YTL strong supporters and directors will win......the rest of investors (those bought later stages) can only dream........
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Sentul is upcoming area however definitely not the same class as the Mont Kiara/ Hartamas/ Bangsar/ KLCC that can attract high pay expats.

Most of the expats who rent here are those middle class with restricted budget.

Many buyers caught with the hype during the launch and queue and die die want to get piece of action.

When Fennels coming online with another 1000units of average RM700-800psf, it will be interesting to see rental demand absorb. However i think the situation here is not as bad as those in Jalan Ampang and Old Klang Road.


BEANCOUNTER
post Jan 4 2016, 10:14 AM

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QUOTE(gks @ Jan 4 2016, 10:09 AM)
Sentul is upcoming area however definitely not the same class as the Mont Kiara/ Hartamas/ Bangsar/ KLCC that can attract high pay expats.

Most of the expats who rent here are those middle class with restricted budget.

Many buyers caught with the hype during the launch and queue and die die want to get piece of action.

When Fennels coming online with another 1000units of average RM700-800psf, it will be interesting to see rental demand absorb. However i think the situation here is not as bad as those in Jalan Ampang and Old Klang Road.
*
sentul also got plenty of supplies.....maxim, UOA also got thousand units.......

BUT as compared to Jln Ampang and OKR, Sentul is not as established as mid class residential areas as the formers as yet, although we have seen saturation in the formers.

sometimes its not about the number games........its also the address. Sentul vs JlnAmpang.......I think people will gravitate towards JlnAmpang.
gks
post Jan 4 2016, 10:19 AM

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QUOTE(BEANCOUNTER @ Jan 4 2016, 10:14 AM)
sentul also got plenty of supplies.....maxim, UOA also got thousand units.......

BUT as compared to Jln Ampang and OKR, Sentul is not as established as mid class residential areas as the formers as yet, although we have seen saturation in the formers.

sometimes its not about the number games........its also the address. Sentul vs JlnAmpang.......I think people will gravitate towards JlnAmpang.
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True, however maxim UOA and Skyawani not the same grade as Fennels/ Capers from product and pricing wise. Where else those in Jln Ampang such as Elements/Mcity/Nuovo/ Arte/ Astoria the pricing are quite close with each other.


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post Jan 4 2016, 10:19 AM

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LUMI. They need to fix the road once and for all, and that flooded tunnel. Road here is worst than the worst part of roads in Cheras or KL. incoming jam level should be about Jakarta level once all VP. If not jam, hailat.
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post Jan 4 2016, 10:44 AM

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QUOTE(satrianeo-x @ Jan 4 2016, 10:19 AM)
LUMI. They need to fix the road once and for all, and that flooded tunnel. Road here is worst than the worst part of roads in Cheras or KL. incoming jam level should be about Jakarta level once all VP. If not jam, hailat.
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Totally agree!!
rclxms.gif rclxms.gif rclxms.gif
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post Jan 4 2016, 10:50 AM

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QUOTE(satrianeo-x @ Jan 4 2016, 10:19 AM)
LUMI. They need to fix the road once and for all, and that flooded tunnel. Road here is worst than the worst part of roads in Cheras or KL. incoming jam level should be about Jakarta level once all VP. If not jam, hailat.
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Accetera should able to provide more insight what is the developer's proposal to improve the access and "approval" from authority and need to be attached together with CCC of the building.
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post Jan 4 2016, 10:57 AM

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QUOTE(satrianeo-x @ Jan 4 2016, 10:19 AM)
LUMI. They need to fix the road once and for all, and that flooded tunnel. Road here is worst than the worst part of roads in Cheras or KL. incoming jam level should be about Jakarta level once all VP. If not jam, hailat.
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+1. i never understand why my friend in BU/tropicana complain abt cheras road when they come. because when I go in the rain ...
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post Jan 5 2016, 10:14 AM

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Yes we are frequently being updated with their plans for the Road Tunnel (we mentioned it in our review that got never ending water ponding issues) and the Persiaran Tropicana road turn-way (may cause alot of jams if people are turning into Lumi entrance etc).

For the road tunnel, it is to the interest of Tropicana Corp to jointly upgrade it as well, alongside Prasarana who is building LRT columns along the reserve.

We also noted upcoming Building Plans for the Lien Hoe LRT Station and how it integrates to the development, etc.


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post Jan 5 2016, 10:22 AM

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QUOTE(accetera @ Jan 5 2016, 10:14 AM)
Yes we are frequently being updated with their plans for the Road Tunnel (we mentioned it in our review that got never ending water ponding issues) and the Persiaran Tropicana road turn-way (may cause alot of jams if people are turning into Lumi entrance etc).

For the road tunnel, it is to the interest of Tropicana Corp to jointly upgrade it as well, alongside Prasarana who is building LRT columns along the reserve.

We also noted upcoming Building Plans for the Lien Hoe LRT Station and how it integrates to the development, etc.
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Typically developer needs to contribute fund toward upgrading the infrastructure.

The access for Tropicana has remain mediocre for past 10 years. Even when after SHC took back the private Jalan Tanjung. Unless Tropicana has more incentive ie launch new project with significant GDV, i do not see how Tropicana has interest to upgrade it.


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QUOTE(gks @ Jan 5 2016, 10:22 AM)
Typically developer needs to contribute fund toward upgrading the infrastructure.

The access for Tropicana has remain mediocre for past 10 years. Even when after SHC took back the private Jalan Tanjung. Unless Tropicana has more incentive ie launch new project with significant GDV, i do not see how Tropicana has interest to upgrade it.
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Local authorities "tembaking" them mah. Is more about local authorities requirement these days. But whether how fast they want to do is another issue.
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QUOTE(gks @ Jan 5 2016, 10:22 AM)
Typically developer needs to contribute fund toward upgrading the infrastructure.

The access for Tropicana has remain mediocre for past 10 years. Even when after SHC took back the private Jalan Tanjung. Unless Tropicana has more incentive ie launch new project with significant GDV, i do not see how Tropicana has interest to upgrade it.
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The last upgrade from 1 lane to 2 lanes now is also cuz of the residents pressure. And the current traffic light they have there at the junction was also cuz of the residents. Nth to do with developer profits etc
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QUOTE(accetera @ Jan 5 2016, 10:30 AM)
Local authorities "tembaking" them mah. Is more about local authorities requirement these days. But whether how fast they want to do is another issue.
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or what you mean is whether do they recognize the access issue and have the commitment to upgrade it.

After the Jalan Tanjong fiasco, Tropicana only done the minimal upgrade. So now with almost all the tropicana land developed, you think they have more incentive to contribute to the upgrade?
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post Jan 5 2016, 11:55 AM

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lumi is strictly for ownstay. Investment... u need a lot guts to go in.
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post Jan 5 2016, 11:59 AM

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Wait what there is a planned LRT Station at lienho??? Does this mean the rail will cut thru all the way from troop garden to troop avenue towards the tunnel???
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post Jan 5 2016, 02:17 PM

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this is the lrt3 line .. nothing to do with MRT .. nothing to do with Tropicana Gardens/Tropicana Avenue .. it will be linked to Bandar Utama , and going all the way to Klang


LRT3 website already has the Lien Hoe station layout and traffic flow .. it will be interesting to see how this Lumi works around the plan ??
cool.gif

QUOTE(satrianeo-x @ Jan 5 2016, 11:59 AM)
Wait what there is a planned LRT Station at lienho??? Does this mean the rail will cut thru all the way from troop garden to troop avenue towards the tunnel???
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Attached Image

satrianeo-x
post Jan 5 2016, 02:40 PM

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QUOTE(imprezaWRX @ Jan 5 2016, 02:17 PM)
this is the lrt3 line .. nothing to do with MRT .. nothing to do with Tropicana Gardens/Tropicana Avenue .. it will be linked to Bandar Utama , and going all the way to Klang
LRT3 website already has the Lien Hoe station layout and traffic flow .. it will be interesting to see how this Lumi works around the plan ??
cool.gif
Attached Image
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TA for the info. Oh my word. Looking at this map http://s2.<link removed>/image/2015/05/LRT3-L...gration-map.jpg I wonder where is the place in Tropicana which would have a station with parking spots?. Oh my don't tell me it is next to Tropicana avenue that playground??? Or maybe it is more towards sekeloah kebangapsaan which is just after the tunnel. Or is the station Tropicana suppose to be tropicana gardens la, right?
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LRT and MRT are closeby.

So if Tropicana Avenue subsale is RM850-1000psf today and the thread there is quite active, i don't think there is much issue about this project especially when launches in PJ-Utara/PJ Damansara corridor are not too many in recent times.

Among suburban projects, Lumi is also among the first service residence with hospitality services like optional housekeeping* and rental management.

Alot of buyers are awaiting for more positive announcements to come.


user posted image
Pic: http://www.ptlm.com.my/index.php/lumi-tropicana

This post has been edited by accetera: Jan 5 2016, 10:20 PM
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QUOTE(propertybbb @ Jan 5 2016, 11:55 AM)
lumi is strictly for ownstay. Investment... u need a lot guts to go in.
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if you go visit the site after a heavy rain (every week in kl..) and still buy. thats guts.
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QUOTE(satrianeo-x @ Jan 5 2016, 02:40 PM)
TA for the info. Oh my word. Looking at this map <a href='http://s2.<link removed>/image/2015/05/LRT3-Line-integration-map.jpg' target='_blank'>http://s2.<link removed>/image/2015/05/LRT3-L...gration-map.jpg</a> I wonder where is the place in Tropicana which would have a station with parking spots?. Oh my don't tell me it is next to Tropicana avenue that playground??? Or maybe it is more towards sekeloah kebangapsaan which is just after the tunnel. Or is the station Tropicana suppose to be tropicana gardens la, right?
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SA said got no carpark for LRT..
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post Jan 6 2016, 01:21 AM

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The Lien Hoe LRT Station has no Park & Ride facilities.
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post Jan 7 2016, 11:07 AM

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QUOTE(rsquared @ Jan 4 2016, 12:28 AM)
👍
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I like Tropicana drool.gif
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post Jan 12 2016, 06:06 PM

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post Jan 12 2016, 06:12 PM

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QUOTE(propertybbb @ Jan 4 2016, 12:35 AM)
Went to sales gallery. Sales chart quite pathetic.
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SA told me Block 1 & 2 90% sold out? no?
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post Jan 12 2016, 11:12 PM

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QUOTE(haappywiinter88 @ Jan 12 2016, 07:12 PM)
SA told me Block 1 & 2 90% sold out? no?
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Is that later will see many unit release or Loan reject !
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QUOTE(vinchee1219 @ Jan 12 2016, 11:12 PM)
Is that later will see many unit release or Loan reject !
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Well mine got approved...I see a lot of negativity around here regarding the project. Always remember, one man's meat is another man's poison. each person has his/her own preference when it comes to own stay. Who knows, probably a lot of the buyers are looking at ownstay. I know I'm one of them.

I agree as well on the bad traffic conditions but with the upcoming LRT station, it will improve connectivity for sure. At least I know I will make use of it to commute to work like what I'm doing now
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post Jan 16 2016, 08:37 AM

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Congrats on new purchaser of such luxurious condo. Question, why aren't you guys looking into buying grande or avenue instead which is VP or soon to be VP if its for own stay? Curious, especially if its for own stay.
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QUOTE(satrianeo-x @ Jan 16 2016, 08:37 AM)
Congrats on new purchaser of such luxurious condo. Question, why aren't you guys looking into buying grande or avenue instead which is VP or soon to be VP if its for own stay? Curious, especially if its for own stay.
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Most likely due to easier entry for buying from developer.
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post Jan 16 2016, 07:51 PM

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QUOTE(haappywiinter88 @ Jan 12 2016, 06:06 PM)
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I see a lot of cars. Presume they are those who are working at the buildings nearby. Where will they park once this project is up?
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post Jan 16 2016, 07:58 PM

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QUOTE(BigMan123 @ Jan 16 2016, 07:51 PM)
I see a lot of cars. Presume they are those who are working at the buildings nearby. Where will they park once this project is up?
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Previously I parking there when I work in Menara persoft I think that land will be belong to lumi also
Close To you
post Jan 20 2016, 04:55 PM

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master room is big but others room are too small. a bit difficult to accommodate adult.
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post Jan 21 2016, 01:27 AM

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So good sales? Market like this hard to believe.
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post Jan 21 2016, 07:17 AM

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QUOTE(satrianeo-x @ Jan 15 2016, 06:37 PM)
Congrats on new purchaser of such luxurious condo. Question, why aren't you guys looking into buying grande or avenue instead which is VP or soon to be VP if its for own stay? Curious, especially if its for own stay.
*
great question n indeed hv shared this to friend who bot this as im concerned on developer execution vs tropicana which is a great developer...
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QUOTE(Close To you @ Jan 20 2016, 04:55 PM)
master room is big but others room are too small. a bit difficult to accommodate adult.
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What to do? Greedy la selling psf so high so have to cut down the size to make it seems affordable. biggrin.gif
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post Jan 21 2016, 11:09 AM

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QUOTE(Babizz @ Jan 21 2016, 07:17 AM)
great question n indeed hv shared this to friend who bot this as im concerned on developer execution vs tropicana which is a great developer...
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Should be able to la. The big boss let his kids play around with thriven. Haha. Financials are good as gold. Unlike most projects that are going down south now.
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QUOTE(eksk86 @ Jan 15 2016, 10:32 PM)
Well mine got approved...I see a lot of negativity around here regarding the project. Always remember, one man's meat is another man's poison. each person has his/her own preference when it comes to own stay. Who knows, probably a lot of the buyers are looking at ownstay. I know I'm one of them.

I agree as well on the bad traffic conditions but with the upcoming LRT station, it will improve connectivity for sure. At least I know I will make use of it to commute to work like what I'm doing now
*
Congrats. The balcony is perfect for a private bar. Can do a bar table against the place where u suppose to put plants. And high chair with an amazing view.
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post Jan 27 2016, 06:27 PM

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QUOTE(Babizz @ Jan 21 2016, 07:17 AM)
great question n indeed hv shared this to friend who bot this as im concerned on developer execution vs tropicana which is a great developer...
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Not sure about the other, but I personally don't like second hand prop - lost all the defects warranty and need to pay legal feesss.. plus I'm not in the hurry to move in tongue.gif
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post Feb 7 2016, 09:19 AM

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http://www.starproperty.my/index.php/artic...nate-mature-pj/
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post Mar 1 2016, 05:15 PM

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QUOTE(mthc @ Jan 21 2016, 11:12 AM)
Congrats. The balcony is perfect for a private bar. Can do a bar table against the place where u suppose to put plants. And high chair with an amazing view.
*
Can share a picture to illustrate your idea? Sounds like a good concept rclxms.gif
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https://m.youtube.com/watch?v=qSqDFwnlaGE&feature=youtu.be

An interview with the man behind Thriven brought to u by property insight.

HUAT ah all buyers
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post Mar 12 2016, 02:23 PM

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Tower 1 is fully sold out mainly to staffs etc, what's left are bumi lots. Only Tower 1 has bumi lots, the other 3 doesn't.

Tower 2 50% sold. Attached below is the sales chart.

Tower 3 and 4 will see 7% increase in prices. But golf course view facing west (evening sun gg).

Showroom quiet like library today. But plan for lumi sec 13 is already there and launching soon. Idk details yet.

This post has been edited by mthc: Mar 12 2016, 02:24 PM


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post Mar 22 2016, 01:40 PM

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http://www.theedgeproperty.com.my/content/...uites-early-may

SOHO for sales. Starting from 600k only! Damnnn... the residences are like twice it's price. Aihhh...

It could be a good investment due to Persoft tower offering small build up offices with 90% occupancy all year round. One of the reason provably be it's MSC status

This post has been edited by mthc: Mar 22 2016, 01:58 PM
satrianeo-x
post Mar 22 2016, 01:53 PM

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how come earlier launched phase is more exp than this SOHO? different title (commercial?) and no parking?
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QUOTE(satrianeo-x @ Mar 22 2016, 01:53 PM)
how come earlier launched phase is more exp than this SOHO? different title (commercial?) and no parking?
*
Good question. I'll need to ask my SA why also.

Anyway from the article, the SOHO units are on the 2nd and 3rd (not sure if there is 4th floor) of Lumi Marketplace. I think these SOHO serves as boutique offices than residences.I don't think they get to enjoy the facilities and alsp maybe no carpark. Will update. Not too sure myself too.
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post Mar 22 2016, 02:10 PM

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well there are only 62 SOHOS, compared to over 700 residences. Am sure SOHO is allowed to use the facilities, as am sure even the maintenance fee could be much higher than residences batch. Any ideas about the TNB bill, is it direct or pay to management style?
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QUOTE(satrianeo-x @ Mar 22 2016, 02:10 PM)
well there are only 62 SOHOS, compared to over 700 residences. Am sure SOHO is allowed to use the facilities, as am sure even the maintenance fee could be much higher than residences batch. Any ideas about the TNB bill, is it direct or pay to management style?
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Idk wey satrianeo. Need to ask SA
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post Mar 22 2016, 03:00 PM

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QUOTE(mthc @ Mar 12 2016, 02:23 PM)

Showroom quiet like library today. But plan for lumi sec 13 is already there and launching soon. Idk details yet.
Please share more info on lumi sect 13 if you manage to find out more. Thx!
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QUOTE(gks @ Mar 22 2016, 03:00 PM)
Please share more info on lumi sect 13 if you manage to find out more. Thx!
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Okay. What i heard is that the show room will be up soon.

You like the location there?

This post has been edited by mthc: Mar 22 2016, 03:02 PM
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post Mar 22 2016, 03:15 PM

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QUOTE(mthc @ Mar 22 2016, 03:02 PM)
Okay. What i heard is that the show room will be up soon.

You like the location there?
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I like the location. but I may not like the price there lol.
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QUOTE(gks @ Mar 22 2016, 03:15 PM)
I like the location. but I may not like the price there lol.
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Haha good luck to u bro. Lots of development are coming up there.
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post Mar 23 2016, 11:10 AM

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QUOTE(mthc @ Mar 22 2016, 03:36 PM)
Haha good luck to u bro. Lots of development are coming up there.
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Tropicana still got land to develop?
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QUOTE(LTG @ Mar 23 2016, 11:10 AM)
Tropicana still got land to develop?
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I was referring to his comment on sec 13 land bro..
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post Mar 24 2016, 11:22 PM

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Those interested in LUMI SoHo can PM me. The SOHO here is encouraged to use as Office (becoz developer want to balance usage dowan competing) but you will sign HDA.

http://www.ptlm.com.my/index.php/lumi-tropicana
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post Mar 25 2016, 12:01 AM

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------

This post has been edited by accetera: Mar 27 2016, 12:36 AM
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post Mar 25 2016, 07:13 AM

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QUOTE(accetera @ Mar 25 2016, 12:01 AM)
user posted image

user posted image
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Looking good. Starting price is 600k right? Are they allowed to use amenities like pool etc like the residence? Tq

Pai seh pat kor. My friend is an agent for this lumi that's why I purchased from him instead of you..
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post Mar 25 2016, 08:10 AM

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QUOTE(mthc @ Mar 25 2016, 07:13 AM)
Looking good. Starting price is 600k right? Are they allowed to use amenities like pool etc like the residence? Tq

Pai seh pat kor. My friend is an agent for this lumi that's why I purchased from him instead of you..
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Too much "picture" had drawn...
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post Mar 25 2016, 09:03 AM

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The soho layout is good. Remind me of the Loft at D7@ Sentul East
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post Mar 25 2016, 09:10 AM

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QUOTE(7inchlonger @ Mar 25 2016, 08:10 AM)
Too much "picture" had drawn...
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What do u mean?
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post Mar 25 2016, 09:10 AM

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QUOTE(gks @ Mar 25 2016, 09:03 AM)
The soho layout is good. Remind me of the Loft at D7@ Sentul East
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Damn tempted but out of bullet already
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post Mar 25 2016, 09:16 AM

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So it's a 2 storey type soho. MY I know if the toilet is at ground or above, or we have 2 toilets, am confused by the layout pictures,
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post Mar 25 2016, 09:20 AM

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should have 2 toilets..

But total 62 units... mayb all will be taken during launch...

anyway, are they allow to share the facilities w residential?
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post Mar 25 2016, 09:20 AM

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QUOTE(satrianeo-x @ Mar 25 2016, 09:16 AM)
So it's a 2 storey type soho. MY I know if the toilet is at ground or above, or we have 2 toilets, am confused by the layout pictures,
*
2 toilets.
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post Mar 25 2016, 09:21 AM

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I called SA and he said the SOHO aren't given to them for sale.
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post Mar 25 2016, 09:44 AM

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QUOTE(mthc @ Mar 25 2016, 09:21 AM)
I called SA and he said the SOHO aren't given to them for sale.
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SA mind must be thinking bangwall.gif bangwall.gif bangwall.gif
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post Mar 25 2016, 10:16 AM

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2 toilets. Spiral staircase.

And if you realise, there is a "Double void" "Double volume" instead of the conventional single void double volume. All cabinetry are provided.
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post Mar 25 2016, 10:21 AM

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QUOTE(accetera @ Mar 25 2016, 10:16 AM)
2 toilets. Spiral staircase.

And if you realise, there is a "Double void" "Double volume" instead of the conventional single void double volume. All cabinetry are provided.
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Sorry mind explaining double volume void statement. Don't get it

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post Mar 25 2016, 10:34 AM

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QUOTE(satrianeo-x @ Mar 25 2016, 10:21 AM)
Sorry mind explaining double volume void statement. Don't get it
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if not mistaken left side and right side you can look down
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post Mar 25 2016, 10:43 AM

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Is it near with mrt station? How does the distance?
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post Mar 25 2016, 10:45 AM

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May I know if I go showroom will there be a show unit of this soho. I understand the showroom is near jaya33 area.
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post Mar 25 2016, 11:24 AM

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the psf price seems cheaper than the serviced apartment

I suspect for soho... the unit is without carpark and access to the facilities.
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post Mar 25 2016, 12:34 PM

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Starting price is 550k for 450 sq ft. You get an option to make it duplex and it will be 7xx sq ft.

BBB ahhhhh!

*LATEST INFO. SOHO CAN USE AMENITIES AND ALSO COME WITH 1 CAR PARK!

This post has been edited by mthc: Mar 25 2016, 12:37 PM
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post Mar 25 2016, 01:44 PM

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QUOTE(mthc @ Mar 25 2016, 12:34 PM)
Starting price is 550k for 450 sq ft. You get an option to make it duplex and it will be 7xx sq ft.

BBB ahhhhh!

*LATEST INFO. SOHO CAN USE AMENITIES AND ALSO COME WITH 1 CAR PARK!
*
duplex how much?
psf is expensive, but then absolute quite fair.
550k is after rebate ah?what package they offer?
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post Mar 25 2016, 01:47 PM

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QUOTE(ChuiChuiShui @ Mar 25 2016, 01:44 PM)
duplex how much?
psf is expensive, but then absolute quite fair.
550k is after rebate ah?what package they offer?
*
550k for 450sq ft then u plus minis to 7xx sq ft and count lo.

You see the post pat kor posted. Got the furnishing etc

Ceiling height is 18 feet!

This post has been edited by mthc: Mar 25 2016, 01:48 PM
ChuiChuiShui
post Mar 25 2016, 03:06 PM

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QUOTE(mthc @ Mar 25 2016, 01:47 PM)
550k for 450sq ft then u plus minis to 7xx sq ft and count lo.

You see the post pat kor posted. Got the furnishing etc

Ceiling height is 18 feet!
*
posted where o? fb? link lai.. biggrin.gif
Base on calculation of 1.2k psf, then 8xxk liao, not appealing for me ady. sad.gif
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post Mar 25 2016, 03:09 PM

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QUOTE(mthc @ Mar 25 2016, 12:34 PM)
Starting price is 550k for 450 sq ft. You get an option to make it duplex and it will be 7xx sq ft.

BBB ahhhhh!

*LATEST INFO. SOHO CAN USE AMENITIES AND ALSO COME WITH 1 CAR PARK!
*
How much is that option gonna cost?
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post Mar 25 2016, 03:52 PM

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QUOTE(ChuiChuiShui @ Mar 25 2016, 03:06 PM)
posted where o? fb? link lai..  biggrin.gif
Base on calculation of 1.2k psf, then 8xxk liao, not appealing for me ady.  sad.gif
*
My SA told me
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post Mar 25 2016, 04:44 PM

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If RM550K inclusive the loft.. then the price is fair.


gks
post Mar 25 2016, 04:46 PM

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Btw those who commented Empire City Colonial the ceiling is low... I think it is 18ft height.
similar to SOHO Lumi
cannible
post Mar 25 2016, 08:36 PM

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SA told this is connected with upcoming lien hoe LRT station, is this confirm?
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QUOTE(cannible @ Mar 25 2016, 08:36 PM)
SA told this is connected with upcoming lien hoe LRT station, is this confirm?
*
100% legit.
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post Mar 25 2016, 10:47 PM

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QUOTE(mthc @ Mar 25 2016, 10:13 PM)
100% legit.
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I have bad luck one sold with proposed station next to it, mana tau it realigned miss tat prop... darn....so guys is this gazetted by prasarana...any concrete proof?
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post Mar 26 2016, 12:36 AM

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The LUMI SOHO has 1 carpark here... below at basement together with the Lumi Marketplace carpark. (The residents is a different block)
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post Mar 26 2016, 10:00 AM

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QUOTE(cannible @ Mar 25 2016, 10:47 PM)
I have bad luck one sold with proposed station next to it, mana tau it realigned miss tat prop... darn....so guys is this gazetted by prasarana...any concrete proof?
*
101% legit. The meeting DU ppl led by this Yeo missus had with Prasarana last week can be a solid proof. There will be no reallocation of any LRT 3 proposed stations.

You should wait for the 3rd rower if it's for own stay. 7% increase in price but golf view. With an evening sun tho. How?
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post Mar 26 2016, 10:05 AM

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QUOTE(mthc @ Mar 26 2016, 10:00 AM)
101% legit. The meeting DU ppl led by this Yeo missus had with Prasarana last week can be a solid proof. There will be no reallocation of any LRT 3 proposed stations.

You should wait for the 3rd rower if it's for own stay. 7% increase in price but golf view. With an evening sun tho. How?
*
rclxms.gif rclxms.gif rclxms.gif
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post Mar 26 2016, 10:07 AM

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QUOTE(Ero-Sennin @ Mar 26 2016, 10:05 AM)
rclxms.gif  rclxms.gif  rclxms.gif
*
Thank you so much for the info bro. Your info has resolved a lot of purchasers doubts on a lot of projects. Cheers to that.
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post Mar 26 2016, 10:08 AM

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QUOTE(mthc @ Mar 26 2016, 10:07 AM)
Thank you so much for the info bro. Your info has resolved a lot of purchasers doubts on a lot of projects. Cheers to that.
*
Welcome! rclxms.gif
cannible
post Mar 26 2016, 11:15 AM

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QUOTE(mthc @ Mar 26 2016, 11:00 AM)
101% legit. The meeting DU ppl led by this Yeo missus had with Prasarana last week can be a solid proof. There will be no reallocation of any LRT 3 proposed stations.

You should wait for the 3rd rower if it's for own stay. 7% increase in price but golf view. With an evening sun tho. How?
*
Thanks for the info. Is good then
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post Mar 26 2016, 10:04 PM

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LRT3 is more or less confirmed.

We will get update for you all about retail update for LUMI Marketplace.
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post Mar 26 2016, 10:39 PM

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QUOTE(accetera @ Mar 26 2016, 12:36 AM)
The LUMI SOHO has 1 carpark here... below at basement together with the Lumi Marketplace carpark. (The residents is a different block)
*
mind to share the abs price inclusive the loft floor?
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post Mar 27 2016, 12:38 AM

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IMPORTANT UPDATE

SOHO type is now single floor only, but with double volume height. The price that you buying will be 450 sq ft only - same layout as the Lower Floor of the plan shared earlier.


RETAIL CONCEPT

user posted image
mthc
post Mar 27 2016, 08:58 AM

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Apparently lumi is approaching BIG group to come in
MrHunter
post Mar 27 2016, 09:28 AM

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QUOTE(gks @ Mar 26 2016, 11:39 PM)
mind to share the abs price inclusive the loft floor?
*
Maybe add another 250k? More than 1kpsf and abs of rm800k...forget it. But If just another 50k or 80k then it is different story.

This post has been edited by MrHunter: Mar 27 2016, 09:41 AM
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post Mar 27 2016, 12:28 PM

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QUOTE(MrHunter @ Mar 27 2016, 09:28 AM)
Maybe add another 250k? More than 1kpsf and abs of rm800k...forget it. But If just another 50k or 80k then it is different story.
*
SA said that there will no duplex for sale. 450 sq ft for 550k. Not cheap. 1.2k per sq ft. But low absolute price with only 64 units.

But there are beams ready and all ady. You can renovate yrself for that duplex above for 40k to 50k.
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post Mar 27 2016, 02:26 PM

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Those interested in LUMI SOHO, i will get Thriven Global Sales Manager Mr Nathan Yeng to entertain you with your presence at your convenience.

We are doing this for free and no commission.

PM me your appointment that you wish to make.

Lumi SOHO will be officially launched in May.

This post has been edited by accetera: Mar 27 2016, 02:34 PM
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post Mar 27 2016, 09:17 PM

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Read about the three office buildings next to Lumi where menara lien hoe houses anchor tenants like Mattel, Mead Johnson and Glaxo Smith and the other two buildings being Menara Ambank and Persoft tower. Not too sure if lumi can be rented go ppl who works here or not. I didn't even know about the existence of these offices prior to my purchase. Plus the confirmation of LRT3 connected right next to it.. pretty confident with this investment.

Anyone has any idea how is the lien hoe station is connected to lumi? SA said that the station will be connected specially to lumi. Not sure if talk kok or real.

This post has been edited by mthc: Mar 27 2016, 09:20 PM
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post Mar 27 2016, 10:12 PM

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QUOTE(mthc @ Mar 27 2016, 01:28 PM)
SA said that there will no duplex for sale. 450 sq ft for 550k. Not cheap. 1.2k per sq ft. But low absolute price with only 64 units.

But there are beams ready and all ady. You can renovate yrself for that duplex above for 40k to 50k.
*
Even toilet upstair with piping ready?
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post Mar 28 2016, 08:29 AM

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nice concept..
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post Mar 28 2016, 10:35 AM

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*Most of Glaxosmithkline has moved out of Menara Lien Hoe several years ago.

There are 4 office buildings there namely:
1. Menara Lien Hoe
2. Menara Persoft - MSC status
3. Bangunan 3M - most famous
4. Damansara Fairway 3 - anchor is AmBank back-end operations

user posted image
*Information as per last year.

There are some others like Mattel in Menara Lien Hoe.
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post Mar 28 2016, 01:17 PM

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Any idea how thr lrt station will be connected to lumi? Via covered walkway or connected directly into the marketplace?
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post Mar 28 2016, 01:25 PM

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QUOTE(mthc @ Mar 28 2016, 01:17 PM)
Any idea how thr lrt station will be connected to lumi? Via covered walkway or connected directly into the marketplace?
*
user posted image

http://lrt3.com.my/v14/index.php/2015-02-1...n-setiap-stesen

Blue line seems like link bridge. Red line seems like sidewalk/walkway.
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post Mar 28 2016, 01:29 PM

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with the train so near, there's bound to be noises.
but again, convenience just at your doorstep.

hhhmmmmmm
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post Mar 28 2016, 01:32 PM

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QUOTE(Ero-Sennin @ Mar 28 2016, 01:25 PM)
user posted image

http://lrt3.com.my/v14/index.php/2015-02-1...n-setiap-stesen

Blue line seems like link bridge. Red line seems like sidewalk/walkway.
*
That road between lumi and lrt is super misleading because the road wasn't included in lumi plan and that is why it's so confusing.

Not only that. I really think lumi has occupied the ooen air car park in front of the office buildings too.

Attached Image

This post has been edited by mthc: Mar 28 2016, 01:33 PM
LTG
post Mar 28 2016, 01:35 PM

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lrt 3 route not really attractive , mainly for connecting klang to one U
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post Mar 28 2016, 01:50 PM

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user posted image

user posted image

Can someone do photoshop editing?
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post Mar 28 2016, 02:48 PM

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QUOTE(LTG @ Mar 28 2016, 01:35 PM)
lrt 3 route not really attractive , mainly for connecting klang to one U
*
Less than 5 mins from lien hoe to one u and exchange to mrt there.
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post Mar 28 2016, 08:40 PM

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There most likely will be noise protector/proforated facade at the Lumi Carpark podium (as per their scale model at show gallery) and sound barrier at the LRT track.
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post Apr 27 2016, 07:23 AM

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Living up to our promise of total living solutions, specially brought to you by Thriven, a CSR initiative of road widening at Jalan Mayang to ease traffic congestion for our valued residence at Tropicana and future residence of Lumi Tropicana. We will keep you posted on further progress and on other CSR initiatives by Thriven in its strive and drive to provide the best for its customers.

Attached Image

Attached Image

Attached Image

Attached Image

Attached Image

Source from LUMI Tropicana Facebook

I remember how last time all the keyboard warriors here kept mentioning there will be no way that thriven will widen the road to the tunnel in tropicana etc bla bla bla.. jam la this la that la developer empty promise to sell la. Well pics describe a millions words. They are doing it now way before lumi is expected to be completed in 2019. Enjoy.

This post has been edited by mthc: Apr 27 2016, 07:37 AM
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post Apr 27 2016, 09:38 AM

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QUOTE(mthc @ Apr 27 2016, 07:23 AM)
Living up to our promise of total living solutions, specially brought to you by Thriven, a CSR initiative of road widening at Jalan Mayang to ease traffic congestion for our valued residence at Tropicana and future residence of Lumi Tropicana. We will keep you posted on further progress and on other CSR initiatives by Thriven in its strive and drive to provide the best for its customers.

Attached Image

Attached Image

Attached Image

Attached Image

Attached Image

Source from LUMI Tropicana Facebook

I remember how last time all the keyboard warriors here kept mentioning there will be no way that thriven will widen the road to the tunnel in tropicana etc bla bla bla.. jam la this la that la developer empty promise to sell la. Well pics describe a millions words. They are doing it now way before lumi is expected to be completed in 2019. Enjoy.
*
May I know under what circumstances the road widening is done by the developer? No doubt Thriven is developing LUMI there but most of the development there done by Tropicana Corp if I am not wrong - aren't they required to contribute to it? Or, are these road widening done by MBPJ upon request by developer or residents there?
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post Apr 27 2016, 09:43 AM

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Whatever it is, the roads in these area makes rally roads seem like kacang putih. Sekian
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post Apr 27 2016, 09:52 AM

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from lumi direct fly to dataran prima no need doing big U turn ?
mthc
post Apr 27 2016, 09:54 AM

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QUOTE(aspartame @ Apr 27 2016, 09:38 AM)
May I know under what circumstances the road widening is done by the developer? No doubt Thriven is developing LUMI there but most of the development there done by Tropicana Corp if I am not wrong - aren't they required to contribute to it? Or, are these road widening done by MBPJ upon request by developer or residents there?
*
No idea wey brother. That one you better check with developer. Maybe it's part of the CCC needed to be complied by thriven?

Not all by tropicana la bro. Damansara lagenda semi d n bungalows gng by mah sing, tropicana golf and country by tropicana, damansara idaman bungalows gng by ta global..
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post Apr 27 2016, 09:58 AM

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QUOTE(LTG @ Apr 27 2016, 09:52 AM)
from lumi direct fly to dataran prima no need doing big U turn ?
*
Still need as for now. At first everyone thought sa blow water say road widening. Looks like the sa blow blow ha blow till becoming real now. There are more upcoming road widening to ease the traffic along Persiaran tropicana according to the sa. Duno how true he blow la.. see whether this time whatever he blow again comes true or not lor
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post Apr 27 2016, 10:09 AM

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As I mentioned before there're gonna be some infrastructure upgrades here.... and LRT3 is gonne be tendered out in coming months (the lien hoe station is real).
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post Apr 27 2016, 11:44 AM

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Pic taken as of today. They are progressing rapidly. First progressive payment came already.
Attached Image

Attached Image

Attached Image

Lien Hoe LRT 3 site is just right beside. They have already cleared the bushes etc.
Attached Image

The eye sore open air carpark will soon be cleared. The land belongs to lumi too.

Good luck to all purchasers.

This post has been edited by mthc: Apr 27 2016, 11:50 AM
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post Apr 27 2016, 12:08 PM

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Congrats to all purchasers.

We hope to bring some more good news soon.
mangoproperty
post Apr 27 2016, 08:36 PM

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How much is the Lumi soho? Can someone Pm?
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post Apr 27 2016, 11:08 PM

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QUOTE(mangoproperty @ Apr 27 2016, 08:36 PM)
How much is the Lumi soho? Can someone Pm?
*
Starting from 550k for 450 sq ft.
mangoproperty
post Apr 28 2016, 11:05 AM

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What's the view in terms of investment?
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post Apr 28 2016, 11:36 AM

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QUOTE(ETG @ Apr 28 2016, 11:16 AM)
Their soho is *soho* or sovo sofo? If van takr commercial loan i am interested
*
Their SOHO is HDA protected and governed. Not too sure if can take commercial loan or not.
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post Apr 28 2016, 11:40 AM

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QUOTE(mangoproperty @ Apr 28 2016, 11:05 AM)
What's the view in terms of investment?
*
Wouldn't be so handsome I guess. Probably can benchmark it against tropicana avenue. I feel lumi has a premium over TA in terms of facade, concept and price per sq ft etc.

http://www.propwall.my/tropicana/tropicana...ting=For%20Rent
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post Apr 28 2016, 01:12 PM

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LUMI SOHO here is HDA.
SPianz
post Apr 28 2016, 11:48 PM

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The bottleneck is with the tunnel, are they going to widen the tunnel?
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post Apr 29 2016, 12:20 AM

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QUOTE(mthc @ Apr 27 2016, 11:44 AM)
Pic taken as of today. They are progressing rapidly. First progressive payment came already.
Attached Image

Attached Image

Attached Image

Lien Hoe LRT 3 site is just right beside. They have already cleared the bushes etc.
Attached Image

The eye sore open air carpark will soon be cleared. The land belongs to lumi too.

Good luck to all purchasers.
*
thanks for the pict

good luck to all buyers icon_rolleyes.gif
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post Apr 29 2016, 12:42 AM

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Soho sales slow. Sticker bookings but few actual spa signing.
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QUOTE(SPianz @ Apr 28 2016, 11:48 PM)
The bottleneck is with the tunnel, are they going to widen the tunnel?
*
Expand tunnel is gonna be expensive.....
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QUOTE(Minolta @ Apr 29 2016, 12:42 AM)
Soho sales slow. Sticker bookings but few actual spa signing.
*
Empire city taikor u bought here also ah?

Don't think it will be laku for SOHO. Shoebox 1.2k psf ki siao after disc. Some more level 2 to 4.

This post has been edited by mthc: Apr 29 2016, 07:08 AM
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QUOTE(SPianz @ Apr 28 2016, 11:48 PM)
The bottleneck is with the tunnel, are they going to widen the tunnel?
*
Don't know le. They have already expanded the tunnels to 2 lanes each but the jam is still there. Roads here are too small to accomodation the massive amount of cars during peak hours.

I doubt MBPJ will expand because this area has got no jam during non peak hours. I guess expansion will only happen if it's always jam? So far they did a lot of improvements here alreadt.
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post Apr 29 2016, 01:38 PM

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QUOTE(mthc @ Apr 29 2016, 07:05 AM)
Don't know le. They have already expanded the tunnels to 2 lanes each but the jam is still there. Roads here are too small to accomodation the massive amount of cars during peak hours.

I doubt MBPJ will expand because this area has got no jam during non peak hours. I guess expansion will only happen if it's always jam? So far they did a lot of improvements here alreadt.
*
biggest jam is go down from ara damansara to the tropicana tunnel, the traffic light.
many uneducated driver use tropicana golf mad.gif mad.gif mad.gif mad.gif club lane cut over and block the road vmad.gif vmad.gif

This post has been edited by LTG: Apr 29 2016, 01:38 PM
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QUOTE(LTG @ Apr 29 2016, 01:38 PM)
biggest jam is go down from ara damansara to the tropicana tunnel, the traffic light.
many uneducated driver use tropicana golf  mad.gif  mad.gif  mad.gif  mad.gif club lane cut over and block the road  vmad.gif  vmad.gif
*
This area left right up down also jam. Ara otw tropicana, mayang otw tropicana and bu otw tropicana. Let's hope the road widening helps. It's unavoidable during peak hours.

I would suggest to use KD way once the tunnel leading from mahagoni to TG is ready theb cut through seri selangor golf and tropicana indah to get to lumi instead.
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post Apr 29 2016, 02:25 PM

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QUOTE(LTG @ Apr 29 2016, 01:38 PM)
biggest jam is go down from ara damansara to the tropicana tunnel, the traffic light.
many uneducated driver use tropicana golf  mad.gif  mad.gif  mad.gif  mad.gif club lane cut over and block the road  vmad.gif  vmad.gif
*
This one is so normal nowadays laugh.gif I also get pissed off. Also another normal thing is those cars coming from KD to turn right at the lights to go to Ara, already ppl make an illegal (but understandable and acceptable) second lane to turn but got some ppl malas wanna queue make a THIRD lane to turn right - sometimes causing jam for those who wants to go towards the tunnel.
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post Apr 30 2016, 12:43 AM

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QUOTE(8sg9ft @ Apr 29 2016, 02:25 PM)
This one is so normal nowadays  laugh.gif I also get pissed off. Also another normal thing is those cars coming from KD to turn right at the lights to go to Ara, already ppl make an illegal (but understandable and acceptable) second lane to turn but got some ppl malas wanna queue make a THIRD lane to turn right - sometimes causing jam for those who wants to go towards the tunnel.
*
what can you do?
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post Apr 30 2016, 01:40 AM

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so traffic is still mad ah here...
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post Apr 30 2016, 10:07 AM

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QUOTE(HarpArtist @ Apr 30 2016, 01:40 AM)
so traffic is still mad ah here...
*
As usual. Road are tiny there
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post Apr 30 2016, 11:18 AM

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The facade is damn superb ... I like it,
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QUOTE(mthc @ Apr 29 2016, 07:02 AM)
Empire city taikor u bought here also ah?

Don't think it will be laku for SOHO. Shoebox 1.2k psf ki siao after disc. Some more level 2 to 4.
*
I guess depends on the actual useable sf after mezzanine floor built.

Look see look see onli whistling.gif
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QUOTE(Minolta @ Apr 30 2016, 01:40 PM)
I guess depends on the actual useable sf after mezzanine floor built.

Look see look see onli whistling.gif
*
Will be 750 sq ft afters. Making it 800 psf after plus minus 50k reno for the mezzanine floor. 😆😆😆
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QUOTE(Mr.Swee @ Apr 30 2016, 12:18 PM)
The facade is damn superb ...  I like it,
*
No doubt about it. But investor cares more on return. Eg. Iconic building in sentul doesnt do well at all.
mthc
post Apr 30 2016, 10:05 PM

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QUOTE(propertybbb @ Apr 30 2016, 08:50 PM)
No doubt about it. But investor cares more on return. Eg. Iconic building in sentul doesnt do well at all.
*
Average household income in sentul vs tropicana is rather obvious.
TSaccetera
post May 1 2016, 12:34 AM

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Nowadays, most highend residences cannot expect high high return lah. Have to updated according to times.

Investors must be willing to rent at a reasonable rate, or willing to accept lower rental.
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post May 1 2016, 01:08 AM

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QUOTE(accetera @ May 1 2016, 12:34 AM)
Nowadays, most highend residences cannot expect high high return lah. Have to updated according to times.

Investors must be willing to rent at a reasonable rate, or willing to accept lower rental.
*
Got 4% yield for high end nowadays also happy already. Don't think it's a good time to invest in high end condos unless it's for ownstay for times like this.
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post May 1 2016, 10:16 AM

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QUOTE(mthc @ May 1 2016, 01:08 AM)
Got 4% yield for high end nowadays also happy already. Don't think it's a good time to invest in high end condos unless it's for ownstay for times like this.
*
got positive already happy.
TSaccetera
post May 1 2016, 10:23 AM

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QUOTE(mthc @ May 1 2016, 01:08 AM)
Got 4% yield for high end nowadays also happy already. Don't think it's a good time to invest in high end condos unless it's for ownstay for times like this.
*
Average for Klang Valley is 3% now for newly completed highrise.... will progress towards the 2.5% mark in coming years.

This post has been edited by accetera: May 1 2016, 10:25 AM
JamesPond
post May 1 2016, 10:29 AM

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QUOTE(accetera @ May 1 2016, 10:23 AM)
Average for Klang Valley is 3% now for newly completed highrise.... will progress towards the 2.5% mark in coming years.
*
frankly speaking. it is depends on luck.
bare unit usually is negative yield.

2.5% onwards are mainly partial furnishing.
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post May 1 2016, 10:34 AM

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QUOTE(accetera @ May 1 2016, 10:23 AM)
Average for Klang Valley is 3% now for newly completed highrise.... will progress towards the 2.5% mark in coming years.
*
500k condo means 1k rental 😨😨😨

Better aim Subsales.

This post has been edited by mthc: May 1 2016, 10:34 AM
JamesPond
post May 1 2016, 10:35 AM

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QUOTE(mthc @ May 1 2016, 10:34 AM)
500k condo means 1k rental 😨😨😨
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1K rental for 500k is negative yield.
which havent include maintenance fee and cukai pintu, taksiran...
etc...

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post May 1 2016, 10:39 AM

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QUOTE(JamesPond @ May 1 2016, 10:35 AM)
1K rental for 500k is negative yield.
which havent include maintenance fee and cukai pintu, taksiran...
etc...
*
Confirm sink boat ady 1k rental.

What are yr thoughts and game play for these coming years?
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post May 1 2016, 10:40 AM

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QUOTE(mthc @ May 1 2016, 10:39 AM)
Confirm sink boat ady 1k rental.

What are yr thoughts and game play for these coming years?
*
do your due diligent before committing.
easy money go for stock market.
JamesPond
post May 1 2016, 10:42 AM

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Property Price (RM):
500,000.00

Down Payment (RM):
50,000.00

Loan Period (Years):
35

Interest Rate (%):
4.45

Monthly Repayment
RM 2,115.74
JamesPond
post May 1 2016, 10:43 AM

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Monthly Repayment
RM 2,115.74

plus maintenance fee, cukai etc

at least 2500 to break even for 500k property.
Where to get this kind of rental? All keen property investor, please consider to quit this interest and find new hobby.
TSaccetera
post May 1 2016, 10:48 AM

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Nevertheless Lumi Tropicana is a desirable product which attracted many prospects and customers.

Later on, alot of customers cannot get Loan and that is another issue.
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post May 1 2016, 10:51 AM

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QUOTE(accetera @ May 1 2016, 10:48 AM)
Nevertheless Lumi Tropicana is a desirable product which attracted many prospects and customers.

Later on, alot of customers cannot get Loan and that is another issue.
*
i still dont understand why there are people cannot get loan still want to buy luxury product.
It is just wasting their time and others.

Worst case, you cant pay instalment and end up auction.
Get real and please do more homework. If you are talking about your lifestyle, then i have no much comment.
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post May 1 2016, 11:16 AM

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This is a nice onwstay product.
aspartame
post May 1 2016, 11:19 AM

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QUOTE(accetera @ May 1 2016, 12:34 AM)
Nowadays, most highend residences cannot expect high high return lah. Have to updated according to times.

Investors must be willing to rent at a reasonable rate, or willing to accept lower rental.
*
Typical greedy pricing by developer. Why ask investor to accept lower yield? Developer should price correctly(lower price) so that rental yield maintains. I foresee a lot of slow moving stocks. Instead of investors willing to accept lower rental, it should be developers willing to accept lower selling price.

This post has been edited by aspartame: May 1 2016, 11:20 AM
propertybbb
post May 1 2016, 11:28 AM

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QUOTE(aspartame @ May 1 2016, 12:19 PM)
Typical greedy pricing by developer. Why ask investor to accept lower yield? Developer should price correctly(lower price) so that rental yield maintains. I foresee a lot of slow moving stocks. Instead of investors willing to accept lower rental, it should be developers willing to accept lower selling price.
*
Buyers need to do their own homework lo. I foresee many highly or overly priced projects ll be sangkut if sales is horrible. Many projects may stop n return deposit to buyers. The problem is the loan part which already locked in ccris.
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post May 1 2016, 11:30 AM

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QUOTE(aspartame @ May 1 2016, 11:19 AM)
Typical greedy pricing by developer. Why ask investor to accept lower yield? Developer should price correctly(lower price) so that rental yield maintains. I foresee a lot of slow moving stocks. Instead of investors willing to accept lower rental, it should be developers willing to accept lower selling price.
*
why are you questioning somebody sell it high while you cant afford?
It is none of your business if somebody want to see their land on their preferable price.
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post May 1 2016, 11:36 AM

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QUOTE(propertybbb @ May 1 2016, 11:28 AM)
Buyers need to do their own homework lo. I foresee many highly or overly priced projects ll be sangkut if sales is horrible. Many projects may stop n return deposit to buyers. The problem is the loan part which already locked in ccris.
*
Agree. If return deposit considered good lo. Don't simply proceeed and get stucked can already.
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post May 1 2016, 11:37 AM

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QUOTE(aspartame @ May 1 2016, 11:36 AM)
Agree. If return deposit considered good lo. Don't simply proceeed and get stucked can already.
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usually bad developer charge admin fee when return money. Which is not ethical move.
low class.
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post May 1 2016, 11:39 AM

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QUOTE(JamesPond @ May 1 2016, 11:30 AM)
why are you questioning somebody sell it high while you cant afford?
It is none of your business if somebody want to see their land on their preferable price.
*
I am just giving my opinion la. I don''t like to see abandon projects.

I sell my 1mil condo to you at rm2mil want or not? No? Cannot afford ah? tongue.gif
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post May 1 2016, 11:42 AM

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QUOTE(aspartame @ May 1 2016, 11:39 AM)
I am just giving my opinion la. I don''t like to see abandon projects.

I sell my 1mil condo to you at rm2mil want or not? No? Cannot afford ah? tongue.gif
*
in market, there is willing buyer and willing seller. There is no right and wrong. You have to accept this fact.
This project wont be abandon because it is high end and am not sure is it cover by hda. So chances is low if you want them to go on red.

In general, your statement is pointless.
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post May 1 2016, 11:51 AM

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Anyway most buyers will be receiving their billing either already or soon. Ground work is moving fast ya.

For me Lumi Tropicana prices are reasonable, if you don't let market condition to influence your judgment. Some subsale in nearest condo are even higher psf especially when the big international school is opening soon, and this one we are looking at 4 years down the road with so many things coming up.

I'm a local PJ Lang, so I absolutely have no issue at the PSF. My kampung punya condo now got RM1,200psf in subsale also got already.

I look for properties that give standards and values over long term and not just making money properties.
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post May 1 2016, 01:28 PM

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QUOTE(accetera @ May 1 2016, 11:51 AM)
Anyway most buyers will be receiving their billing either already or soon. Ground work is moving fast ya.

For me Lumi Tropicana prices are reasonable, if you don't let market condition to influence your judgment. Some subsale in nearest condo are even higher psf especially when the big international school is opening soon, and this one we are looking at 4 years down the road with so many things coming up.

I'm a local PJ Lang, so I absolutely have no issue at the PSF. My kampung punya condo now got RM1,200psf in subsale also got already.

I look for properties that give standards and values over long term and not just making money properties.
*
Lumi purchasers can ride on these catalyst - Tropicana Avenue commies and LRT 3 when they are completed. Lumi price per sq ft is still considered reasonably low given as compared to its peers. There are not many condos along persiaran tropicana too. A lot of positive changes will happen to this already matured location here in 4 years.

This post has been edited by mthc: May 1 2016, 01:30 PM
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post May 1 2016, 01:33 PM

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QUOTE(aspartame @ May 1 2016, 11:39 AM)
I am just giving my opinion la. I don''t like to see abandon projects.

I sell my 1mil condo to you at rm2mil want or not? No? Cannot afford ah? tongue.gif
*
Senior jamsi is very right in this somehow even tho he may be a broken record at times lol. Willing buyer willing seller. Developer never point a gun right in yr face and buy also. Quite unreasonable lor yr statement above.

This post has been edited by mthc: May 1 2016, 01:37 PM
JamesPond
post May 1 2016, 01:38 PM

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QUOTE(mthc @ May 1 2016, 01:33 PM)
Senior jamsi is very right in this somehow even tho he may be a broken record at times lol. Willing buyer willing seller. Developer never point a gun right in yr face and buy also. Quite unreasonable lor yr statement above.
*
all time record is still hold by Pat. I am not even of his half.
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QUOTE(propertybbb @ May 1 2016, 11:16 AM)
This is a nice onwstay product.
*
I feel the SOHO can play rental game boss. 64 units.

SOHO nett now is 550k for 450 sq ft but 18 ft ceiling height. Developer cut off the mezzanine floor off the plan to make the absolute price lower from 650k. The extra 300 sq ft mezzanine floor can be built for around 30k. I think it's safe to say you have a 750 sq ft SOHO for 580k.
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QUOTE(mthc @ May 1 2016, 01:41 PM)
I feel the SOHO can play rental game boss. 64 units.

SOHO nett now is 550k for 450 sq ft but 18 ft ceiling height. Developer cut off the mezzanine floor off the plan to make the absolute price lower from 650k. The extra 300 sq ft mezzanine floor can be built for around 30k. I think it's safe to say you have a 750 sq ft SOHO for 580k.
*
so soho 2.5k bare unit achievable?
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QUOTE(JamesPond @ May 1 2016, 01:43 PM)
so soho 2.5k bare unit achievable?
*
Can't la boss. Maybe 2.5k semi maybe would be achievable. TA nearby is asking for 2k semi now.
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post May 1 2016, 01:55 PM

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QUOTE(mthc @ May 1 2016, 01:49 PM)
Can't la boss. Maybe 2.5k semi maybe would be achievable. TA nearby is asking for 2k semi now.
*
even 2.5 is break even. this project is purely a rich investor game that has lots of money dont know where to park.
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post May 1 2016, 01:59 PM

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QUOTE(JamesPond @ May 1 2016, 01:55 PM)
even 2.5 is break even. this project is purely a rich investor game that has lots of money dont know where to park.
*
Like that any Tom Dick Harry who invested here also rich investors and don't know where to park money ady 😓😓😓😓😓
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post May 1 2016, 02:01 PM

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QUOTE(mthc @ May 1 2016, 01:59 PM)
Like that any Tom Dick Harry who invested here also rich investors and don't know where to park money ady 😓😓😓😓😓
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can say so.
aspartame
post May 1 2016, 06:22 PM

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QUOTE(JamesPond @ May 1 2016, 11:42 AM)
in market, there is willing buyer and willing seller. There is no right and wrong. You have to accept this fact.
This project wont be abandon because it is high end and am not sure is it cover by hda. So chances is low if you want them to go on red.

In general, your statement is pointless.
*
So you are saying you dunno whether this project is under HDA or not but whatever it is it will not be abandoned because it is high end? So, basically high end project won't be abandoned? Wow!
aspartame
post May 1 2016, 06:27 PM

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QUOTE(accetera @ May 1 2016, 11:51 AM)
Anyway most buyers will be receiving their billing either already or soon. Ground work is moving fast ya.

For me Lumi Tropicana prices are reasonable, if you don't let market condition to influence your judgment. Some subsale in nearest condo are even higher psf especially when the big international school is opening soon, and this one we are looking at 4 years down the road with so many things coming up.

I'm a local PJ Lang, so I absolutely have no issue at the PSF. My kampung punya condo now got RM1,200psf in subsale also got already.

I look for properties that give standards and values over long term and not just making money properties.
*
Nearest condo subsale selling higher psf? Example?

Your "kampung" also sell 1,200psf? Which kampung oh?

I would like to know how come subsale market so powderful one....
aspartame
post May 1 2016, 06:31 PM

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QUOTE(JamesPond @ May 1 2016, 01:55 PM)
even 2.5 is break even. this project is purely a rich investor game that has lots of money dont know where to park.
*
A small minority are rich people...most are trying to be rich people...they buy based on whether banks approved their loans or not...very very uninformed "investors" in bolehland...sad

But what you said is true...at the end of the day...it is willing buyer willing seller....I have nothing against developer selling at whatever price they deem fit..it is just my opinion that it is very overpriced...personal opinion only...i think many also agree
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QUOTE(aspartame @ May 1 2016, 06:22 PM)
So you are saying you dunno whether this project is under HDA or not but whatever it is it will not be abandoned because it is high end? So, basically high end project won't be abandoned? Wow!
*
you are so sarcasm



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post May 1 2016, 08:02 PM

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Empty vessel makes most noise. Blow blow blow 😂

This post has been edited by mthc: May 1 2016, 08:02 PM
aspartame
post May 1 2016, 08:10 PM

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Lumi Lumi on the wall, who is the luminous of them all? tongue.gif
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post May 1 2016, 08:25 PM

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QUOTE(aspartame @ May 1 2016, 06:27 PM)
Nearest condo subsale selling higher psf? Example?

Your "kampung" also sell 1,200psf? Which kampung oh?

I would like to know how come subsale market so powderful one....
*
There is. Tropicana Gardens block A and B Subsales averagely at 1.2k psf now.
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post May 1 2016, 09:42 PM

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QUOTE(aspartame @ May 1 2016, 06:27 PM)
Nearest condo subsale selling higher psf? Example?

Your "kampung" also sell 1,200psf? Which kampung oh?

I would like to know how come subsale market so powderful one....
*
D.U.

This post has been edited by accetera: May 1 2016, 09:42 PM
aspartame
post May 2 2016, 01:12 AM

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QUOTE(mthc @ May 1 2016, 08:25 PM)
There is. Tropicana Gardens block A and B Subsales averagely at 1.2k psf now.
*
Ha ha....When it is VP, u try to sell at 1,200psf and higher and see? biggrin.gif

This post has been edited by aspartame: May 2 2016, 01:14 AM
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post May 2 2016, 01:17 AM

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QUOTE(accetera @ May 1 2016, 09:42 PM)
D.U.
*
D.U is freehold and definitely not a kampung.
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QUOTE(aspartame @ May 2 2016, 01:12 AM)
Ha ha....When it is VP, u try to sell at 1,200psf and higher and see? biggrin.gif
*
Block C is already selling at that price during its launch.
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===

This post has been edited by mthc: May 2 2016, 06:37 AM
aspartame
post May 2 2016, 09:47 AM

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QUOTE(mthc @ May 2 2016, 06:32 AM)
Block C is already selling at that price during its launch.
*
Developer selling price is not subsale price. You try to sell when VP then you know.
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QUOTE(aspartame @ May 2 2016, 09:47 AM)
Developer selling price is not subsale price. You try to sell when VP then you know.
*
Go check prop portals. Block A was launched below 1k psf now asking 1.2k psf.
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post May 2 2016, 10:24 AM

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QUOTE(mthc @ May 2 2016, 10:06 AM)
Go check prop portals. Block A was launched below 1k psf now asking 1.2k psf.
*
Try to sell and see. See if got people buy.
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post May 3 2016, 01:38 PM

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QUOTE(aspartame @ May 2 2016, 10:24 AM)
Try to sell and see. See if got people buy.
*
I.m sure most investors know price on portals are for marketing and fishing purposes. Just a simple few cents phone call will get legit pricing.

Now most adverts comes with "negotiable" pricing too. rclxms.gif rclxms.gif
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QUOTE(propertybbb @ May 1 2016, 11:16 AM)
This is a nice onwstay product.
*
Ownstay can get subsale landed terrace nearby for cheaper psf and more room to grow.

This is typical LRT play. Rental.

If no LRT, most wont even look. Location is super jam.

This post has been edited by Minolta: May 3 2016, 01:42 PM
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post May 3 2016, 01:46 PM

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I am interested to know how LUMI Will solve the bottleneck at the tunnel.
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post May 3 2016, 03:37 PM

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QUOTE(mthc @ May 2 2016, 06:32 AM)
Block C is already selling at that price during its launch.
*
developers net net and super net net price for block C recently was around 1000psf nia....

no where near 1200psf.
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post May 3 2016, 03:53 PM

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QUOTE(gks @ May 3 2016, 01:46 PM)
I am interested to know how LUMI Will solve the bottleneck at the tunnel.
*
gonna close al tunnels. and build flyover over the erm, highway, and becomes a huge in-the-air roundabout. No more jam.

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QUOTE(BEANCOUNTER @ May 3 2016, 03:37 PM)
developers net net and super net net price for block C recently was around 1000psf nia....

no where near 1200psf.
*
Earlier entry to block C was 1.2k psf for fully furnished la boss Bean. Where as after 22% disc off for level 13 - 600 sq ft studio will be 1033 psf for a Bare unit. They changed the package after it wasn't too laku.
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post May 4 2016, 08:53 AM

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One of the most high end hidden hipster bar in Klang Valley with hidden entrance etc. Right opposite Lumi.

http://eatdrinkkl.blogspot.my/2015/12/chaz...en-hoe.html?m=1

This post has been edited by mthc: May 4 2016, 08:53 AM
llika
post May 4 2016, 10:56 AM

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subsale market is very hard now, if you buy over price , it is hard to sell a good price in second market , especially those Service apartment and SOHO.

secondhand market buyer need to pay stamp duty , loan agreement fee, loan agreement stamp duty, lawyer fee, lawyer stamp duty.

It's about 2~3% of property price,

and than, seller need to pay property gain tax if earn any (after 7 year baru no need )

selling a property is not a 1 ,2 day game, especially in this market, buyer got many choice and many time to choose the unit they really like it.


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post May 4 2016, 10:57 AM

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taken rate
pangsapuri 145/372
soho 2/62
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post May 4 2016, 11:19 AM

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QUOTE(llika @ May 4 2016, 10:57 AM)
taken rate
pangsapuri  145/372
soho              2/62
*
Wah the pangsapuri so slow? Less than half taken?

Your source legit mou? Last I saw in Jan was block A fully taken except bumi and block B 50% taken.. then recently in march was block A fully taken except bumi and block B 70% taken..
llika
post May 4 2016, 11:28 AM

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Conservative estimates.

the result mean those already sign snp.

the others maybe progressing their loan or something
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post May 4 2016, 11:29 AM

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QUOTE(llika @ May 4 2016, 11:28 AM)
Conservative estimates.

the result mean those already sign snp.

the others maybe progressing their loan or something
*
Don't mind sharing wherw u got yr numbers from? Thank you bro..

Anyway I just confirmed with SA and it's 80% sold with snp signed for block A and B (250+ units).

Not sure how u get 60 units for SOHO. But only 30 is currently launched and 18 is sold with snp signed.

Block C and D will be launching soon in June with 6% price increase.

Not too sure how u got yr figures. If yr figures are right then this project can be the slowest project in Malaysia ady. Better just close shop and dig a hole and hide.

This post has been edited by mthc: May 4 2016, 12:00 PM
BEANCOUNTER
post May 4 2016, 03:57 PM

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QUOTE(llika @ May 4 2016, 10:56 AM)
and than, seller need to pay property gain tax if earn any (after 7 year baru no need )

selling a property is not a 1 ,2 day game, especially in this market, buyer got many choice and many time to choose the unit they really like it.
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after 5 yrs no rpgt lioa for individual....I am not sure how you get 7 years.

easier to sell depends on how much buyers are willing to make.....his/her expected profit (or loss) nia.....
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post May 4 2016, 04:08 PM

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QUOTE(mthc @ May 4 2016, 11:29 AM)
Don't mind sharing wherw u got yr numbers from? Thank you bro..

Anyway I just confirmed with SA and it's 80% sold with snp signed for block A and B (250+ units).

Not sure how u get 60 units for SOHO. But only 30 is currently launched and 18 is sold with snp signed.

Block C and D will be launching soon in June with 6% price increase.

Not too sure how u got yr figures. If yr figures are right then this project can be the slowest project in Malaysia ady. Better just close shop and dig a hole and hide.
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The only accurate source of sales information is from KPKT website.
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post May 4 2016, 07:48 PM

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Any idea on who is the maincon for lumi???
TSaccetera
post May 4 2016, 08:10 PM

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Just fyi, KPKT info are normally 6 months lag due to developer reporting timeframe and they slow update.

OMG suddenly the whole forum is full of ignorance, wat happen to the intellectual postings last time?

Anyway, for those SOHO units, actually there are like 6-8 units that got column in middle. Did anyone realise that? What are your thoughts about it? For me it's kinda eat up your net space. Dat's kinda sad.

This post has been edited by accetera: May 4 2016, 08:13 PM
mthc
post May 4 2016, 08:21 PM

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QUOTE(accetera @ May 4 2016, 08:10 PM)
Just fyi, KPKT info are normally 6 months lag due to developer reporting timeframe and they slow update.

OMG suddenly the whole forum is full of ignorance, wat happen to the intellectual postings last time?

Anyway, for those SOHO units, actually there are like 6-8 units that got column in middle. Did anyone realise that? What are your thoughts about it? For me it's kinda eat up your net space. Dat's kinda sad.
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Boss who is the maincon here? SA himself also unsure. How terrible.
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post May 4 2016, 08:33 PM

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QUOTE(mthc @ May 4 2016, 08:21 PM)
Boss who is the maincon here? SA himself also unsure. How terrible.
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As of end last month, have not been informed.
mangoproperty
post May 4 2016, 08:37 PM

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QUOTE(accetera @ May 4 2016, 08:10 PM)
Just fyi, KPKT info are normally 6 months lag due to developer reporting timeframe and they slow update.

OMG suddenly the whole forum is full of ignorance, wat happen to the intellectual postings last time?

Anyway, for those SOHO units, actually there are like 6-8 units that got column in middle. Did anyone realise that? What are your thoughts about it? For me it's kinda eat up your net space. Dat's kinda sad.
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under HDA can get 85% LTV? Or 3rd 70%?
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post May 4 2016, 08:40 PM

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QUOTE(mangoproperty @ May 4 2016, 08:37 PM)
under HDA can get 85% LTV? Or 3rd 70%?
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LTV cap is 70% for 3rd property.

For lesser properties, residential-type (HDA) properties are up to 90%.
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post May 4 2016, 09:01 PM

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QUOTE(accetera @ May 4 2016, 08:40 PM)
LTV cap is 70% for 3rd property.

For lesser properties, residential-type (HDA) properties are up to 90%.
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Sorry sorry, I meant the SOHO ones.
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post May 4 2016, 09:36 PM

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QUOTE(accetera @ May 4 2016, 08:33 PM)
As of end last month, have not been informed.
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Thank you boss.
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post May 4 2016, 09:42 PM

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QUOTE(mangoproperty @ May 4 2016, 09:01 PM)
Sorry sorry, I meant the SOHO ones.
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Same
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post May 5 2016, 12:17 AM

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QUOTE(mthc @ May 4 2016, 11:19 AM)
Wah the pangsapuri so slow? Less than half taken?

Your source legit mou? Last I saw in Jan was block A fully taken except bumi and block B 50% taken.. then recently in march was block A fully taken except bumi and block B 70% taken..
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Manyak sticker game. Cancel booking cost RM100 onli mah. Lotsa pipu book and keep "being outstation" when SA call to sign SPA mah.

When you see project being promoted in shopping mall booth, you know sales cant be too good. rclxms.gif
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post May 5 2016, 12:57 AM

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QUOTE(accetera @ May 4 2016, 08:10 PM)
Just fyi, KPKT info are normally 6 months lag due to developer reporting timeframe and they slow update.

OMG suddenly the whole forum is full of ignorance, wat happen to the intellectual postings last time?

Anyway, for those SOHO units, actually there are like 6-8 units that got column in middle. Did anyone realise that? What are your thoughts about it? For me it's kinda eat up your net space. Dat's kinda sad.
*
Hi Accetera,we know that official data is lag behind... similar to transaction data in subsale and rental.. But still.. it is the most accurate data we have.... Unless you are telling me there are other source of getting accurate sales status. hmm.gif

QUOTE(mthc @ May 4 2016, 11:29 AM)
Don't mind sharing wherw u got yr numbers from? Thank you bro..

Anyway I just confirmed with SA and it's 80% sold with snp signed for block A and B (250+ units).

Not sure how u get 60 units for SOHO. But only 30 is currently launched and 18 is sold with snp signed.

Block C and D will be launching soon in June with 6% price increase.

Not too sure how u got yr figures. If yr figures are right then this project can be the slowest project in Malaysia ady. Better just close shop and dig a hole and hide.
*
We can revisit this post about sales status 6months down the road using KPKT shall we?
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post May 5 2016, 01:08 AM

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We worked with developer and we know there are some issues especially when the sale initially was done without booking fee hence causing alot of non-committal. There are also some other issues which we have voiced out but somehow...
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post May 5 2016, 06:11 AM

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I read in news that to avoid being in kpkt Dev will stop work 5 months then work a month and stop etc to avoid being in THE LIST. which is why the delay or inaccuracy of data. So if it in the list it would have been too late to salvage it, in many cases where project is finally abandoned. But this is totally off topic I think
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post May 5 2016, 07:14 AM

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===

This post has been edited by mthc: May 5 2016, 07:23 AM
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post May 5 2016, 07:27 AM

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Let's assume if his numbers were accurate and only 38% was sold which happened 6 months back. I'd believe the official launch was in December and pretty sure the sales would have picked up more aggressively since.

Anyway SOHO was only launched this month so I doubt he is able to pluck any numbers from the said site. Do you gks mind sharing the numbers from kpkt?

Tq.

This post has been edited by mthc: May 5 2016, 07:28 AM
satrianeo-x
post May 5 2016, 08:22 AM

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If 38% was sold, assuming data of loan rejections are correct, means 50% rejection, add in some who cancel it altogether it could also be only 15% or less went through. Of course one could argue people who buy edited: LUMI are stamp collectors, in which case, they win the argument. CASE DISMISS.

This post has been edited by satrianeo-x: May 5 2016, 08:23 AM
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post May 5 2016, 08:49 AM

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QUOTE(satrianeo-x @ May 5 2016, 08:22 AM)
If 38% was sold, assuming data of loan rejections are correct, means 50% rejection, add in some who cancel it altogether it could also be only 15% or less went through. Of course one could argue people who buy edited: LUMI are stamp collectors, in which case, they win the argument. CASE DISMISS.
*
The fella claims 38% is a figure plucked from KPKT. Not the board.
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post May 5 2016, 08:53 AM

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QUOTE(Minolta @ May 5 2016, 12:17 AM)
Manyak sticker game. Cancel booking cost RM100 onli mah. Lotsa pipu book and keep "being outstation" when SA call to sign SPA mah.

When you see project being promoted in shopping mall booth, you know sales cant be too good.  rclxms.gif
*
Its slow but I doubt its so slow like what the fella claimed - 38% 😨 And he stated the figure based on his conservative estimation.

Big boys like SP Setia, Ecoworld and Mah Sing also got booths in shopping malls and supermarkets but sales picked up agressively for them.

This post has been edited by mthc: May 5 2016, 08:53 AM
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post May 5 2016, 08:54 AM

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QUOTE(mthc @ May 5 2016, 08:49 AM)
The fella claims 38% is a figure plucked from KPKT. Not the board.
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Oh then that is accurate data lo. Sorry didn't follow.
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post May 5 2016, 09:47 AM

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QUOTE(mthc @ May 5 2016, 08:53 AM)
Its slow but I doubt its so slow like what the fella claimed - 38% 😨 And he stated the figure based on his conservative estimation.

Big boys like SP Setia, Ecoworld and Mah Sing also got booths in shopping malls and supermarkets but sales picked up agressively for them.
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Those sales booth got sales meh? Every time I pass by they are like swatting flies. biggrin.gif
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post May 5 2016, 09:59 AM

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QUOTE(aspartame @ May 5 2016, 09:47 AM)
Those sales booth got sales meh? Every time I pass by they are like swatting flies.  biggrin.gif
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Don't know good or not but newspapers and the edge always show these big boys revenue keep hitting over their projected target. Another one famous for setting up booths in supermarkets is LBS Bina, wah their sales overshot projected target kao kao too.

I think all these lousy booths are set up by external agencies.

This post has been edited by mthc: May 5 2016, 10:00 AM
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post May 5 2016, 10:00 AM

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QUOTE(aspartame @ May 5 2016, 09:47 AM)
Those sales booth got sales meh? Every time I pass by they are like swatting flies.  biggrin.gif
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Sales booth is normally for developer to advertise their company branding and highlight projects on the road show.

Very low percentage close sales on the spot. Property is not cheap. Mostly they need to arrange appointment to view actual site.


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QUOTE(Ero-Sennin @ May 5 2016, 10:00 AM)
Sales booth is normally for developer to advertise their company branding and highlight projects on the road show.

Very low percentage close sales on the spot. Property is not cheap. Mostly they need to arrange appointment to view actual site.
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Newspaper, the edge and developer annual report probably bluff ppl 😂😂
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post May 5 2016, 10:10 AM

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Lately the Star Property fairs have helped many established developers alot. It's the talk of town among those in this marketing/events line.
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post May 5 2016, 11:27 AM

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Sales 6 months ago I assume as of early November before the official launch in December. Estimation of 40% sold as of November 2015.

Attached Image

Thanks to jagalat Boss for the kind guidance for this KPKT data extraction. Super useful

This post has been edited by mthc: May 5 2016, 11:28 AM
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post May 6 2016, 04:17 PM

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Retail lot at this Prelaunch price of RM555k nett
-LRT at doorstep
-Opposite Tropicana golf club
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post May 6 2016, 04:23 PM

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QUOTE(gedebe @ May 6 2016, 04:17 PM)
Retail lot at this Prelaunch price of RM555k nett
-LRT at doorstep
-Opposite Tropicana golf club
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Retail lot or SOHO?

Attached Image



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post May 6 2016, 06:29 PM

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QUOTE(mthc @ May 6 2016, 04:23 PM)
Retail lot or SOHO?

Attached Image
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sure soho lai de..
600k-45k=555k
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post May 17 2016, 10:17 AM

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Lumi Tropicana construction progress Aerial Video - 15th May 2016

https://youtu.be/St9eJmhIy1A
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post May 17 2016, 01:36 PM

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QUOTE(marcusho @ May 17 2016, 10:17 AM)
Lumi Tropicana construction progress Aerial Video - 15th May 2016

https://youtu.be/St9eJmhIy1A
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The site zam sui.

Anyway will u be uploading lumi progress in the future?

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