
This post has been edited by accetera: Jun 27 2024, 08:54 AM
Investment EDUMETRO @ USJ 1 SUBANG JAYA (THE DUO), Where Two becomes One
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Mar 3 2014, 03:35 PM, updated 2y ago
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All Stars
10,777 posts Joined: Sep 2009 |
Property news source: https://renthouz.my/news-hub.
![]() This post has been edited by accetera: Jun 27 2024, 08:54 AM |
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Mar 3 2014, 03:53 PM
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#2
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia |
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Mar 3 2014, 05:12 PM
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Senior Member
3,774 posts Joined: Mar 2012 |
668 sf also dual keys noneedtoknowlah liked this post
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Mar 3 2014, 05:29 PM
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43 posts Joined: Oct 2008 |
The duo @ USJ 1
First Ever DUAL KEY Concept Suites in USJ 1 !!! Dual key condo refers to having two homes sharing a common foyer yet on a single title. In another words, dual key condo mean a one single whole apartment that can be divided in to two separate apartments within the same single unit. Both apartments have their own separate set of keys and both apartments are equipped with their own kitchen and toilets. FAQ : 1. How many units are there in total? Tower A - 174 Tower B - 242 2. Land Title? Commercial 3. Sales Gallery address Please refer to the last photo. ![]() ![]() ![]() ![]() Dual Key Concept is a hype now! WHY! 1) Live with your parents while you maintain certain comfort level of privacy for you and your family. 3) Rental opportunity. You can choose to either rent out the studio suites while you stay in the regular suites, or you can choose to rent out ‘both’ apartments, while you pay for the price of one! You can also keep an eye on your tenant if you live in the same dual-key suites. 4) You have a choice to remove the partition wall of the dual-key suites to have a bigger unit when your family size grow. 5) The studio could be your private home office, separated from your residences. |
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Mar 3 2014, 05:31 PM
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810 posts Joined: Mar 2008 |
so means that Empire Remix 2 is gone??
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Mar 3 2014, 05:42 PM
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#6
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5 posts Joined: Dec 2013 |
May I know who is the developer and where is the sales gallery?
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Mar 3 2014, 07:07 PM
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#7
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1,249 posts Joined: Apr 2012 |
Should be hck but build by mammoth?
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Mar 3 2014, 07:09 PM
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#8
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia |
If built by mammoth then jialat lor.
But i think i read somewhere mammoth and hck have some kinda deal one lah. |
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Mar 3 2014, 08:45 PM
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#9
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Senior Member
1,249 posts Joined: Apr 2012 |
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Mar 3 2014, 09:20 PM
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All Stars
10,777 posts Joined: Sep 2009 |
The last I heard is that HCK has bought over from Mammoth Empire.
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Mar 3 2014, 10:04 PM
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495 posts Joined: Jan 2003 From: Renggam |
land tittle is commercial. iy is suitable for family stay ? any indicative price
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Mar 3 2014, 10:59 PM
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Junior Member
810 posts Joined: Mar 2008 |
QUOTE(cucumby @ Mar 3 2014, 05:29 PM) The duo @ USJ 1 how to register? website?First Ever DUAL KEY Concept Suites in USJ 1 !!! Dual key condo refers to having two homes sharing a common foyer yet on a single title. In another words, dual key condo mean a one single whole apartment that can be divided in to two separate apartments within the same single unit. Both apartments have their own separate set of keys and both apartments are equipped with their own kitchen and toilets. FAQ : 1. How many units are there in total? Tower A - 174 Tower B - 242 2. Land Title? Commercial 3. Sales Gallery address Please refer to the last photo. ![]() ![]() ![]() ![]() Dual Key Concept is a hype now! WHY! 1) Live with your parents while you maintain certain comfort level of privacy for you and your family. 3) Rental opportunity. You can choose to either rent out the studio suites while you stay in the regular suites, or you can choose to rent out ‘both’ apartments, while you pay for the price of one! You can also keep an eye on your tenant if you live in the same dual-key suites. 4) You have a choice to remove the partition wall of the dual-key suites to have a bigger unit when your family size grow. 5) The studio could be your private home office, separated from your residences. |
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Mar 3 2014, 11:04 PM
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2,294 posts Joined: Sep 2009 |
got parking lot or not 1 oh
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Mar 3 2014, 11:30 PM
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4,177 posts Joined: Jan 2003 |
is this right in front of BRT?
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Mar 3 2014, 11:46 PM
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495 posts Joined: Jan 2003 From: Renggam |
cannot find any website. wat is private registration
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Mar 3 2014, 11:52 PM
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Senior Member
1,054 posts Joined: Feb 2012 |
QUOTE(cucumby @ Mar 3 2014, 05:29 PM) The duo @ USJ 1 if rent out two unit to two diff person...First Ever DUAL KEY Concept Suites in USJ 1 !!! Dual key condo refers to having two homes sharing a common foyer yet on a single title. In another words, dual key condo mean a one single whole apartment that can be divided in to two separate apartments within the same single unit. Both apartments have their own separate set of keys and both apartments are equipped with their own kitchen and toilets. FAQ : 1. How many units are there in total? Tower A - 174 Tower B - 242 2. Land Title? Commercial 3. Sales Gallery address Please refer to the last photo. ![]() ![]() ![]() ![]() Dual Key Concept is a hype now! WHY! 1) Live with your parents while you maintain certain comfort level of privacy for you and your family. 3) Rental opportunity. You can choose to either rent out the studio suites while you stay in the regular suites, or you can choose to rent out ‘both’ apartments, while you pay for the price of one! You can also keep an eye on your tenant if you live in the same dual-key suites. 4) You have a choice to remove the partition wall of the dual-key suites to have a bigger unit when your family size grow. 5) The studio could be your private home office, separated from your residences. how they share the TNB & water bill ? is a one Tnb meter... really hard .. |
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Mar 4 2014, 12:16 PM
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43 posts Joined: Oct 2008 |
register with michelle.c@hckcapital.com
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Mar 4 2014, 02:19 PM
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510 posts Joined: Jun 2012 |
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Mar 4 2014, 03:10 PM
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43 posts Joined: Oct 2008 |
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Mar 4 2014, 04:44 PM
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4,177 posts Joined: Jan 2003 |
got discount?
Entry cost how much for LTV70%? |
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Mar 4 2014, 04:52 PM
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3,774 posts Joined: Mar 2012 |
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Mar 4 2014, 08:27 PM
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274 posts Joined: May 2006 |
Interesting... is this the first phase?
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Mar 4 2014, 08:42 PM
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83 posts Joined: Mar 2012 |
Any new updates on this development? Indicative price and completion date?
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Mar 5 2014, 12:57 AM
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128 posts Joined: Dec 2006 |
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Mar 5 2014, 12:58 AM
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128 posts Joined: Dec 2006 |
Those who are interested, please call 012 320 8621 for further details.
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Mar 5 2014, 09:19 AM
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43 posts Joined: Mar 2009 |
The main target tenant is students from nearby uni/college. But how much is the rental now at the area?
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Mar 5 2014, 11:01 AM
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83 posts Joined: Mar 2012 |
Private registration now until tomorrow (two days only). Three out of four blocks are owned by SEGi. I guess we already know who the main tenants will be!
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Mar 5 2014, 11:51 AM
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1,816 posts Joined: May 2013 |
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Mar 5 2014, 12:14 PM
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3,774 posts Joined: Mar 2012 |
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Mar 5 2014, 12:47 PM
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1,816 posts Joined: May 2013 |
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Mar 5 2014, 01:09 PM
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43 posts Joined: Oct 2008 |
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Mar 5 2014, 05:49 PM
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83 posts Joined: Mar 2012 |
The email about the private registration was sent to subscribers who previously opted to be in their mailing list. I contacted the person and she gave me the info above
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Mar 5 2014, 06:59 PM
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128 posts Joined: Dec 2006 |
Choose your first hand units today. For more info, please contact 012 320 8621.
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Mar 5 2014, 07:43 PM
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2,294 posts Joined: Sep 2009 |
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Mar 6 2014, 04:56 PM
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1,816 posts Joined: May 2013 |
At this price but no car park is provided so not attractive enough
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Mar 14 2014, 01:07 PM
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6 posts Joined: Jul 2012 |
The DUO@USJ 1 private preview as below:
Date : 15 March 2014(Saturday) Location: Ritze Perdana 2(Damansara Perdana) http://malaysiapropertiesinvestment.blogsp...e-duousj-1.html |
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Mar 24 2014, 09:49 AM
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36 posts Joined: Mar 2014 |
So any clue about the price psf? I believe is leasehold.
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Mar 24 2014, 10:27 AM
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43 posts Joined: Oct 2008 |
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Mar 24 2014, 01:26 PM
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3,774 posts Joined: Mar 2012 |
Not under HDA
Only one postal address per unit but 2 tnb meter can DIY, not sure any breach of law No carpark need to rent Nearby one watertank |
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Mar 24 2014, 01:58 PM
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229 posts Joined: Jan 2013 |
Today I received a message:
QUOTE With just 5% downpayment, you can own a unit and sign the S&P now! The differential sum will only be collected 2 years later which is by Feb'16 to July'16 in 6 months installment (free of interest). So you can save money now during the 2 years period or to roll your money in business first rather than paying the full amount now! (b) Free interest during construction - Despite the Government new ruling (no more DIBS), the interest will be borne by HCK and you do not have to come out with extra money during construction period! FREE interest during construction?! |
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Mar 24 2014, 02:42 PM
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43 posts Joined: Oct 2008 |
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Mar 24 2014, 02:42 PM
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36 posts Joined: Mar 2014 |
With DIBS??? true or not but price psf is too high
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Mar 24 2014, 03:52 PM
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229 posts Joined: Jan 2013 |
QUOTE(cucumby @ Mar 24 2014, 02:42 PM) I know what is 5:95 scheme - it allows buyers to make a down payment of five per cent while the balance is payable upon completion of the property. Buyers usually have to make a down payment of 10 per cent of the property cost under the 10:90 variant of the build-then-sell system.If HCK and the Purchasers didn't have to pay the interest, then who pay the interest? |
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Mar 24 2014, 09:23 PM
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134 posts Joined: Mar 2006 |
PM details thx ... with price for different sqf ...
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Mar 26 2014, 11:13 AM
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Junior Member
235 posts Joined: May 2006 From: Sydney, NSW |
Any updates people?
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Mar 26 2014, 11:23 AM
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Junior Member
235 posts Joined: May 2006 From: Sydney, NSW |
No parking bays will be provided at all - owners have to rent on a monthly basis.
What's everyone's take on this? |
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Mar 26 2014, 11:27 AM
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12 posts Joined: Aug 2013 |
my hubby and i went to see last 2 weekend, he couldnt get over the no parking lot thingy, so we did not go for it....
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Mar 26 2014, 11:37 AM
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858 posts Joined: Jan 2003 |
no parking lot for tenant but rent will do ... new trend ???
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Mar 26 2014, 12:26 PM
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12 posts Joined: Aug 2013 |
trend no trend, parking is a major major problem in the whole Klang Valley. Be it public parking or condo/aprt parking. Since no parking gotta factor in the parking rental cost into the purchase price.
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Mar 26 2014, 01:08 PM
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463 posts Joined: Oct 2012 |
I beg to differ regarding the allocation for parking. If parking is included with a premium of 25k???? Would you buy?????
It makes more sense to rent than to buy with cost of finance in theory. RM25,000 * 0.05 = RM1,250 p.a RM1,250 / 12 = RM100 + So lets say management decide to rent @ RM100 per month or even RM150 So would you still prefer to rent or buy. |
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Mar 26 2014, 01:57 PM
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All Stars
10,777 posts Joined: Sep 2009 |
Some upcoming projects may not have carpark at all. What do you guys feel?
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Mar 26 2014, 03:22 PM
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3,774 posts Joined: Mar 2012 |
QUOTE(boyslikeboys @ Mar 26 2014, 01:08 PM) I beg to differ regarding the allocation for parking. If parking is included with a premium of 25k???? Would you buy????? What if few years later u can sell the carpark for RM35,000 or the difference between the subsale price of a unit with a carpark and a unit without a carpark is RM40,000?It makes more sense to rent than to buy with cost of finance in theory. RM25,000 * 0.05 = RM1,250 p.a RM1,250 / 12 = RM100 + So lets say management decide to rent @ RM100 per month or even RM150 So would you still prefer to rent or buy. |
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Mar 26 2014, 03:25 PM
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3,774 posts Joined: Mar 2012 |
QUOTE(accetera @ Mar 26 2014, 01:57 PM) From consumer welfare point of view, developer should let the purchaser have their option to choose, like AirasiaBut understand that some developer who are cash rich want to keep the carpark assets as recurring income stream that can even be charged to banks for new financing... This post has been edited by CMW123: Mar 26 2014, 03:25 PM |
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Mar 26 2014, 03:41 PM
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1,816 posts Joined: May 2013 |
QUOTE(boyslikeboys @ Mar 26 2014, 01:08 PM) I beg to differ regarding the allocation for parking. If parking is included with a premium of 25k???? Would you buy????? Well, there are other upcoming similar projects selling about the same price and with car parks provided. So, i will give it a pass It makes more sense to rent than to buy with cost of finance in theory. RM25,000 * 0.05 = RM1,250 p.a RM1,250 / 12 = RM100 + So lets say management decide to rent @ RM100 per month or even RM150 So would you still prefer to rent or buy. |
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Mar 26 2014, 03:42 PM
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1,816 posts Joined: May 2013 |
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Mar 26 2014, 04:24 PM
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12 posts Joined: Aug 2013 |
Exactly my point. There are other projects that are selling at the similar RM per sq ft with car park attached. Car park in for Klang Valley property is an important factor to consider in making that decision to buy or not.
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Mar 26 2014, 06:51 PM
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463 posts Joined: Oct 2012 |
QUOTE(CMW123 @ Mar 26 2014, 03:22 PM) What if few years later u can sell the carpark for RM35,000 or the difference between the subsale price of a unit with a carpark and a unit without a carpark is RM40,000? I am looking at cost of finance pov. Sure you may sell at RM40,000 but those who are quite tight with their financing would question if they really need to fork out additional capital which they could not afford which is already an arm and a leg. I rather not vomit 40k immediately, heck if i decide to move on with bigger units and all it is still relatively easy to dispose. Of course target market different (low- semi mid) but empire wor.... U sell at 40k.. What the next buyer gonna do with it??? 40k finance cost now RM166 per month? I rather rent man screw having car park. Coming from buyer's perspective, ASSUMING i have limited funds, yea la u may argue buy somewhere with nice car parks together but if die die want stay within the vicinity? where??? da men??? the low cost flat behind summit??? I rather not park my car and save the hassle. Da men is not exactly cheap anyway. Plus BRT is just walking distance. My last visit approx 0.75km from ER 2 only. Save 40k walk everyday exercise some more. What i really want to say is it sort of make sense to consider NOT buying prop with car park since most prop now do include options to buy additional car parks or HIGH floor 2 car parks etc. Factor in already la ladies n gentlemen. Everyone has different views. My 2 cents only. Dont know can give how many more cents to buy a car park also. Peace. |
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Mar 26 2014, 06:56 PM
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463 posts Joined: Oct 2012 |
QUOTE(CMW123 @ Mar 26 2014, 03:25 PM) From consumer welfare point of view, developer should let the purchaser have their option to choose, like Airasia Yea agree very much, at least allow buyers to have options... developers really think they are the king nowadays.But understand that some developer who are cash rich want to keep the carpark assets as recurring income stream that can even be charged to banks for new financing... |
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Mar 26 2014, 06:57 PM
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463 posts Joined: Oct 2012 |
QUOTE(jamie76 @ Mar 26 2014, 04:24 PM) Exactly my point. There are other projects that are selling at the similar RM per sq ft with car park attached. Car park in for Klang Valley property is an important factor to consider in making that decision to buy or not. exactly your point which unfortunately does not enclave within the area?? compare apple to apple?? |
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Mar 26 2014, 07:00 PM
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463 posts Joined: Oct 2012 |
QUOTE(Maneki-neko @ Mar 26 2014, 03:42 PM) For my OWN stay no no. But for investment (especially students market with brt/mrt WALKING distance, totally different GAME. Really is walking probably have to walk a wee bit longer. 10 mins. With reference and source. http://en.wikipedia.org/wiki/Walking_distance_measure applicable to JAPAN probably they walk faster???? |
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Mar 26 2014, 07:42 PM
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1,816 posts Joined: May 2013 |
QUOTE(boyslikeboys @ Mar 26 2014, 07:00 PM) For my OWN stay no no. But for investment (especially students market with brt/mrt WALKING distance, totally different GAME. Even if it is for investment, it is still a no no for me. 99% of the new projects come with car park. So why should we consider this Duo? What is the unique selling point?? Really is walking probably have to walk a wee bit longer. 10 mins. With reference and source. http://en.wikipedia.org/wiki/Walking_distance_measure applicable to JAPAN probably they walk faster???? |
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Mar 26 2014, 08:21 PM
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463 posts Joined: Oct 2012 |
QUOTE(Maneki-neko @ Mar 26 2014, 07:42 PM) Even if it is for investment, it is still a no no for me. 99% of the new projects come with car park. So why should we consider this Duo? What is the unique selling point?? you still dont get it do you???????????? Please compare apple with apple. If you want compare with all the props in the market 99%??? empire damansara, empire city got car park? so some which allow u to buy car park at a premium consider come with car park? or options to purchase only you are contented??? Those buy high floors then got 2 car park also consider go or no go??? 1m YTL @ sentul also 1 car park u buy? come with car park ma..TWY 18+ floor with 2 car park each floor increase 4k and additional 35k+ factor in for 2 car parks consider come with free car park???? HELLO.. factor in already? So total 15 x 4k = 60k + 35k = approx 100k u get 2 car park waaa. so 1 car park 50k u also happy? What is unique point? Didnt i mention, BRT walking distance at mydin, MRT which is also opposite da men. Empire not good enough investment potential sitting on ER. Kesas slip road enter ER, future bridge to and fro on Sunway's CSR flyover to Monash. Opposite south quay 1000+ psf flyover to Monash. For argument sake 35k car park + 280k for 450sf . Mind u small unit so will be more expensive i didnt use bigger units to compare. Nett 665 psf with car park and dev 5% dc so cheap or not? I didnt even take those scholar towers to compare those are cheaper psf cater to rental for students. Monash just 1 highway across. If no add in car park 590 psf la no? 280k * 5% rental yield = RM1.15k per month 315k * 5% rental yield = RM1.30k per month Difference of RM150 is because of your car park They got 10 cars also rent la you dont have 10 car parks for them. You dont lose anything. Then comes tenant with no cars then how? rent to who? rent to outsiders ???? Ok la rent lo maybe not enough? If that's every unit (or mostly students) has a car with BRT just 750m away???? No harm no car park in this instance nothing to lose nothing to gain. I vomit 35k already what's the opportunity cost, I dont have to pay car park forever? happy lo... Can stay till i die also no need pay car park. let's say 150k per month rent for car park i will pay 19.5 years of rental. 35k I go save in FD 3 % la super conservative u like car park so much prob it make sense u bet on safer side? every year return RM1050 = 7 months free car park wor I didnt compound only if compound by 13 years you get FREE rent wor with ur 35k. |
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Mar 26 2014, 09:39 PM
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1,816 posts Joined: May 2013 |
QUOTE(boyslikeboys @ Mar 26 2014, 08:21 PM) you still dont get it do you???????????? Please compare apple with apple. If you want compare with all the props in the market 99%??? empire damansara, empire city got car park? so some which allow u to buy car park at a premium consider come with car park? or options to purchase only you are contented??? Those buy high floors then got 2 car park also consider go or no go??? 1m YTL @ sentul also 1 car park u buy? come with car park ma.. Hahahhaa! Are u the agent for this project?? Anyway, I just want to invest in a property that comes with car park. That's my preference.TWY 18+ floor with 2 car park each floor increase 4k and additional 35k+ factor in for 2 car parks consider come with free car park???? HELLO.. factor in already? So total 15 x 4k = 60k + 35k = approx 100k u get 2 car park waaa. so 1 car park 50k u also happy? What is unique point? Didnt i mention, BRT walking distance at mydin, MRT which is also opposite da men. Empire not good enough investment potential sitting on ER. Kesas slip road enter ER, future bridge to and fro on Sunway's CSR flyover to Monash. Opposite south quay 1000+ psf flyover to Monash. For argument sake 35k car park + 280k for 450sf . Mind u small unit so will be more expensive i didnt use bigger units to compare. Nett 665 psf with car park and dev 5% dc so cheap or not? I didnt even take those scholar towers to compare those are cheaper psf cater to rental for students. Monash just 1 highway across. If no add in car park 590 psf la no? 280k * 5% rental yield = RM1.15k per month 315k * 5% rental yield = RM1.30k per month Difference of RM150 is because of your car park They got 10 cars also rent la you dont have 10 car parks for them. You dont lose anything. Then comes tenant with no cars then how? rent to who? rent to outsiders ???? Ok la rent lo maybe not enough? If that's every unit (or mostly students) has a car with BRT just 750m away???? No harm no car park in this instance nothing to lose nothing to gain. I vomit 35k already what's the opportunity cost, I dont have to pay car park forever? happy lo... Can stay till i die also no need pay car park. let's say 150k per month rent for car park i will pay 19.5 years of rental. 35k I go save in FD 3 % la super conservative u like car park so much prob it make sense u bet on safer side? every year return RM1050 = 7 months free car park wor I didnt compound only if compound by 13 years you get FREE rent wor with ur 35k. |
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Mar 26 2014, 10:00 PM
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463 posts Joined: Oct 2012 |
QUOTE(Maneki-neko @ Mar 26 2014, 09:39 PM) Hahahhaa! Are u the agent for this project?? Anyway, I just want to invest in a property that comes with car park. That's my preference. Haha now u just conveniently use hahahAHA am I agent. Did I give my contacts out? Did I try to promote? Not till you ask me whats so unique. It all started with no car park and I lay down facts and figures with and without car park cost of finance and all u can say is hahaha. Bravo. Yea continue buy more carparks k |
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Mar 26 2014, 10:45 PM
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All Stars
10,777 posts Joined: Sep 2009 |
QUOTE(CMW123 @ Mar 26 2014, 03:25 PM) From consumer welfare point of view, developer should let the purchaser have their option to choose, like Airasia But some projects, developer has constraint to build carpark. In DBKL, developer just compensate back to waive off carpark.But understand that some developer who are cash rich want to keep the carpark assets as recurring income stream that can even be charged to banks for new financing... This post has been edited by accetera: Mar 26 2014, 10:46 PM |
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Mar 27 2014, 09:32 AM
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Senior Member
3,774 posts Joined: Mar 2012 |
QUOTE(accetera @ Mar 26 2014, 10:45 PM) But some projects, developer has constraint to build carpark. In DBKL, developer just compensate back to waive off carpark. Ya, for those project with very small project land in prime location...bet you developer will factor in the compensation into the selling price... Like Meridian 101, have to install mechanical lift to cater to the limited parking space available |
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Mar 27 2014, 09:35 PM
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1,816 posts Joined: May 2013 |
QUOTE(boyslikeboys @ Mar 26 2014, 10:00 PM) Haha now u just conveniently use hahahAHA am I agent. Did I give my contacts out? Did I try to promote? Not till you ask me whats so unique. It all started with no car park and I lay down facts and figures with and without car park cost of finance and all u can say is hahaha. Bravo. Yea continue buy more carparks k Yup i will. All the best to this project sales |
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Mar 27 2014, 11:37 PM
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2,140 posts Joined: Jan 2013 |
sometimes consumer pamper developer, look at empire damansara, selling well. ppl still buying.
all developer oso wan follow the footstep and generate recurring income. my 2 cent This post has been edited by rainman19: Mar 27 2014, 11:37 PM |
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Mar 28 2014, 10:04 AM
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Mar 28 2014, 11:13 PM
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All Stars
10,777 posts Joined: Sep 2009 |
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Apr 8 2014, 01:24 PM
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8 posts Joined: Apr 2014 |
interested for this project please wechat/watapps/msg: 017-2646055 OR email: julieskb123@gmail.com
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Apr 9 2014, 01:03 AM
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Apr 9 2014, 09:40 PM
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10,777 posts Joined: Sep 2009 |
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Apr 10 2014, 11:07 AM
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40 posts Joined: Feb 2014 |
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Apr 22 2014, 03:03 PM
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Apr 27 2014, 10:28 PM
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May 1 2014, 03:44 PM
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26 posts Joined: Apr 2014 |
I have a unit to let go/transfer at 17th floor, 851 sf, 3 rooms, facing east. Interested pm 0122402050.
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May 1 2014, 04:55 PM
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454 posts Joined: Aug 2013 |
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May 1 2014, 04:58 PM
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454 posts Joined: Aug 2013 |
I guess the developers wants to maximize profit so badly that they refused to build car park for the residents.. Because more car park means more usage of space.. of i'm the developer, i will also do the same thing..
Build more smaller pigeon hole units and no car park.. Cause can obtain more profit.. In long run, if the car park ( Accessory parcel belongs to the developer), they can opt to maintain their rental income for car park and increase their GDV, profits from selling units and car park. We called this selfish developer!! |
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May 1 2014, 08:53 PM
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26 posts Joined: Apr 2014 |
I'm a buyer. Due to loan not approve I'm letting out my unit.
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May 1 2014, 08:54 PM
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26 posts Joined: Apr 2014 |
I'm a buyer. Due to loan not approve I'm letting out my unit.
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May 2 2014, 09:20 AM
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1,816 posts Joined: May 2013 |
Yes, agree! The developer will sure increase the car pro rate in long run. The owner will not only need to pay for the high maintenance fee, but also need to pay for the car park rental
So, I will expect the owner will need to set a higher rental rate compared to those surrounding area in order to cover both the car park rate (if the tenant requires a car park), and high maintenance fee QUOTE(Siao_Lang @ May 1 2014, 04:58 PM) I guess the developers wants to maximize profit so badly that they refused to build car park for the residents.. Because more car park means more usage of space.. of i'm the developer, i will also do the same thing.. Build more smaller pigeon hole units and no car park.. Cause can obtain more profit.. In long run, if the car park ( Accessory parcel belongs to the developer), they can opt to maintain their rental income for car park and increase their GDV, profits from selling units and car park. We called this selfish developer!! |
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May 2 2014, 09:22 AM
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Senior Member
1,816 posts Joined: May 2013 |
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May 2 2014, 02:16 PM
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26 posts Joined: Apr 2014 |
Price is 586 k
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May 2 2014, 02:16 PM
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26 posts Joined: Apr 2014 |
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May 2 2014, 02:28 PM
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1,816 posts Joined: May 2013 |
Whoa! RM688 psf!
To all the investors here, you all can consider a project called Emira Residence @ Glenmarie, price starts from RM400 psf onwards, size starts from 600sf onwards, and at least 1 to 3 car parks are provided. USPs are: walking distance to Aeon shopping mall, and proposed Putra LRT line. 5 min drive to newly setup KDU Uni College QUOTE(vincentaktan @ May 2 2014, 02:16 PM) |
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May 2 2014, 02:32 PM
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1,816 posts Joined: May 2013 |
Btw, here the website for registration: www.emira.com.my
QUOTE(Maneki-neko @ May 2 2014, 02:28 PM) Whoa! RM688 psf! To all the investors here, you all can consider a project called Emira Residence @ Glenmarie, price starts from RM400 psf onwards, size starts from 600sf onwards, and at least 1 to 3 car parks are provided. USPs are: walking distance to Aeon shopping mall, and proposed Putra LRT line. 5 min drive to newly setup KDU Uni College |
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May 2 2014, 02:59 PM
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1,193 posts Joined: Jul 2008 |
When you buy a property in the heart of Subang, and one at Glenmarie, of course there is a big price difference lah... set up your own thread if you want to promote emira residence. I don't understand why everyone is giving such a big hoohah about the rented parking without looking at the other pros of the property. Accessibility is good in both directions imo (without having to face the jam at Persiaran Kewajipan, they are building a 15mil sqr ft shopping centre (Empire Remix) adjacent to the condos (with separate entrances for shoppers and residents) and you can rent rooms out to university students etc just to name a few. Price is depending on which unit you booked, I booked my 993 sqr ft unit for 603/ sqr ft.
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May 2 2014, 03:53 PM
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Senior Member
2,262 posts Joined: Jul 2013 |
Emira in shah alam seksyen 13, how to be @glenmarie
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May 10 2014, 11:13 PM
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All Stars
11,954 posts Joined: May 2007 |
how much parking rental?
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May 11 2014, 01:04 AM
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221 posts Joined: Aug 2008 |
Parking rental is rm70 for owner of the unit. I have one unit to let. Interested pls let me know. High floor face mall. 851sf.
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Jun 6 2014, 04:10 PM
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Junior Member
43 posts Joined: Oct 2008 |
Good units are released due to loan rejected.
Kindly contact Michelle 016-5020 868 if you are keen in this project! |
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Jun 25 2014, 03:27 PM
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128 posts Joined: Dec 2006 |
For more info, please contact 012 320 8621 for details. Attractive package
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Jul 9 2014, 01:13 AM
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16 posts Joined: May 2009 |
I am interested in this project however car park issue is really a drawback. The agent told me that the car park monthly rental is RM70 for 7 years. Is this stated in the S&P or any sub- agreement? in written form? Besides that, the car park is shared among residents and visitors. Do the residents get the priorities to reserve parking lot? Does the developer indicate how many percent of car park allocated for residents? Car park charge is no doubt a source of income. If I am the developer, I would maximise my profit by limiting the numbers of car park for residents and earn more money from the visitors
This post has been edited by snowystar88: Jul 9 2014, 01:14 AM |
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Jul 9 2014, 09:47 AM
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Senior Member
1,780 posts Joined: Jul 2008 |
i get youone just same row with remix coz of free 2 parking there and some more free hold !!!
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Jul 31 2014, 01:36 AM
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Newbie
2 posts Joined: Feb 2009 |
Buyers or agents, pls feel free to contact me if you have any good unit to let go, i am interested in geting one unit in The Duo.. thanks..
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Jul 31 2014, 01:53 AM
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2 posts Joined: Feb 2009 |
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Aug 15 2014, 12:39 AM
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19 posts Joined: Jan 2014 |
Exclusive selling(Limited unit )
New Developement in Subang jaya Location :beside empire Remix Size :668 sqft 2room & 851sqft &993sqft 3room Price per sqft Rm650 only Free loan Agreement fees Free sales & purchase agreement fees Free MOT fees Free partly furniture Completed 2017yr Unit not able reserved Pls contact Our Sales &Marketing team to enquiry more Ambrose Too 016-9011187 |
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Aug 15 2014, 12:52 AM
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(Ambrose123 @ Aug 14 2014, 10:39 AM) Exclusive selling(Limited unit ) whats the project called?New Developement in Subang jaya Location :beside empire Remix Size :668 sqft 2room & 851sqft &993sqft 3room Price per sqft Rm650 only Free loan Agreement fees Free sales & purchase agreement fees Free MOT fees Free partly furniture Completed 2017yr Unit not able reserved Pls contact Our Sales &Marketing team to enquiry more Ambrose Too 016-9011187 |
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Aug 15 2014, 02:28 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(snowystar88 @ Jul 9 2014, 01:13 AM) I am interested in this project however car park issue is really a drawback. The agent told me that the car park monthly rental is RM70 for 7 years. Is this stated in the S&P or any sub- agreement? in written form? Besides that, the car park is shared among residents and visitors. Do the residents get the priorities to reserve parking lot? Does the developer indicate how many percent of car park allocated for residents? Car park charge is no doubt a source of income. If I am the developer, I would maximise my profit by limiting the numbers of car park for residents and earn more money from the visitors Weekend and public holiday is peak demand for visitors while most residents are staying home (occupied car parks), means expect a severe shortage of parking space during weekend and public holidays. |
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Aug 16 2014, 07:17 PM
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Junior Member
255 posts Joined: Aug 2009 |
Is there anymore units left?
Parking or no parking, depends purely on intention of purchasding, investment/rental or own stay. I thinks its an attractive price , based onthe locations.. Anyone know ,if any unit left? |
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Aug 16 2014, 10:05 PM
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1,816 posts Joined: May 2013 |
QUOTE(MyFirstHome @ Aug 16 2014, 07:17 PM) Is there anymore units left? No worries, plenty of units left though the developer has been trying very hard to push for sales. Do update us here once u have bought one Parking or no parking, depends purely on intention of purchasding, investment/rental or own stay. I thinks its an attractive price , based onthe locations.. Anyone know ,if any unit left? |
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Aug 16 2014, 10:10 PM
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1,816 posts Joined: May 2013 |
QUOTE(snowystar88 @ Jul 9 2014, 01:13 AM) I am interested in this project however car park issue is really a drawback. The agent told me that the car park monthly rental is RM70 for 7 years. Is this stated in the S&P or any sub- agreement? in written form? Besides that, the car park is shared among residents and visitors. Do the residents get the priorities to reserve parking lot? Does the developer indicate how many percent of car park allocated for residents? Car park charge is no doubt a source of income. If I am the developer, I would maximise my profit by limiting the numbers of car park for residents and earn more money from the visitors car park rental is considered purely commercial, so it's not under the protection of HDA. Which means that the developer can't put black n white 'guarantee RM 70 / nth for 7 years' in SPA. |
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Aug 20 2014, 01:44 PM
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1,776 posts Joined: Dec 2012 |
never heard of this developer
whether can deliver if no car park, could we park outside along the road? 2 doors to enter one apartment hmmm...for what? |
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Sep 4 2014, 10:54 AM
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Junior Member
25 posts Joined: Mar 2005 |
Saw the available unit chart from developer on last week stated SERVICED OFFICE as tittle
Just wondering now whether SOHO = Residential Condo (service apt) already ??? |
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Sep 4 2014, 11:24 AM
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Senior Member
1,780 posts Joined: Jul 2008 |
if concern about parking , youone will be better choice, freehold , 2 parking and under HDA protection
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Sep 4 2014, 06:08 PM
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All Stars
10,777 posts Joined: Sep 2009 |
QUOTE(Subsix @ Sep 4 2014, 10:54 AM) Saw the available unit chart from developer on last week stated SERVICED OFFICE as tittle Serviced Office Suite is NOT Soho.Just wondering now whether SOHO = Residential Condo (service apt) already ??? This post has been edited by accetera: Sep 4 2014, 06:09 PM |
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Sep 9 2014, 11:49 AM
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25 posts Joined: Mar 2005 |
Thanks accetera !
Noted Serviced Office suite is NOT Soho. Got to know that this USJ duo is selling their "SOHO" as residential unit. So my confusion was, is SOHO = Residential unit (service apt)now ? Since it's on a commercial plot, what's the different in usage and implication on this 2 when comes to actual staying in ??? Your kind feed back would be much appreciated !!! =D |
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Sep 9 2014, 12:12 PM
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Senior Member
1,776 posts Joined: Dec 2012 |
QUOTE(Subsix @ Sep 9 2014, 11:49 AM) Thanks accetera ! is it confirmed duo is soho?Noted Serviced Office suite is NOT Soho. Got to know that this USJ duo is selling their "SOHO" as residential unit. So my confusion was, is SOHO = Residential unit (service apt)now ? Since it's on a commercial plot, what's the different in usage and implication on this 2 when comes to actual staying in ??? Your kind feed back would be much appreciated !!! =D if soho can stay rates are just commercial rates if non soho i believe some will still stay? |
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Oct 23 2014, 12:45 AM
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32 posts Joined: Sep 2011 |
prices now at 700+ psf. & seems many units are still available but not much takers.. wonder y? market is soft?
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Oct 23 2014, 12:49 PM
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2,243 posts Joined: Nov 2005 |
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Dec 26 2014, 12:25 PM
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5 posts Joined: Dec 2014 |
After reading the thread, it seems that this project is quite interesting. of course due tho the fact that it's part of a commercial development, it is only normal that it's branded as a SOHO to sell. Service apt or SOHO - usage will be about the same. Summing up the USP's (Not in any specific order):-
1) Great location with access from the Kesas Highway and only just a few metres walk from the BRT and hypermarkets / shops. 2) Remix 1 is linked to Remix 2 therefore easy access to the mall means easy access to F&B's outlets and shopping. 3) Dual key system - if you chose to rent out - Dual income! Eventhough it's only 1 meter provided yet nowadays rent comes inclusive of electricity and other utilities! Even WIFI. 4) Ready Student Target market since it's surrounded by colleges and universities within 5 kilometre radius - and some of them can't afford cars yet - that brings us to the next point... 5) Carpark! RM70 per bay per month for 7 years , RM150 for another parking bay if needed or RM150 per month per bay after 7 years. Many would have already dispose of your property by then. One way or another it's a pay as you go anyway. Use/Needed - pay! 6) 9:95 scheme! 7) differential sum could be paid by installments without interest incurred! - great! 8) HCK is a very diversified and although, quite a new player in the property industry - they aimed big and from the way I see it, will be here to stay for a long time. go check them out - Impressive website! www.hckcapital.com - They even has a foundation for the underprivileged children! 9) By 2017, Duo would be worth so much more than what's it's selling at the moment once the place is completed. 10) oh and DUO comes partially fitted as well - money saved for renovation upon moving in Cheerios! Happy buying |
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Dec 26 2014, 12:54 PM
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All Stars
20,146 posts Joined: May 2011 |
This is an opis, in legal term......
therefore no carpark is required to be provided under the existing law. |
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Dec 26 2014, 01:44 PM
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Senior Member
3,604 posts Joined: Jul 2011 From: Mumbai |
Construction seem like slowing down.
Any idea why? |
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Dec 26 2014, 02:35 PM
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475 posts Joined: Jan 2003 |
QUOTE(dGemz @ Dec 26 2014, 12:25 PM) After reading the thread, it seems that this project is quite interesting. of course due tho the fact that it's part of a commercial development, it is only normal that it's branded as a SOHO to sell. Service apt or SOHO - usage will be about the same. Summing up the USP's (Not in any specific order):- For me, the only USP that matters to me is Tan Sri Clement Hii (owner of HKC Capital and founder of Segi college). If you believe in him that he will make sure this project to be successful with the tools available on his hands via all his associated companies, then go ahead and invest in one.1) Great location with access from the Kesas Highway and only just a few metres walk from the BRT and hypermarkets / shops. 2) Remix 1 is linked to Remix 2 therefore easy access to the mall means easy access to F&B's outlets and shopping. 3) Dual key system - if you chose to rent out - Dual income! Eventhough it's only 1 meter provided yet nowadays rent comes inclusive of electricity and other utilities! Even WIFI. 4) Ready Student Target market since it's surrounded by colleges and universities within 5 kilometre radius - and some of them can't afford cars yet - that brings us to the next point... 5) Carpark! RM70 per bay per month for 7 years , RM150 for another parking bay if needed or RM150 per month per bay after 7 years. Many would have already dispose of your property by then. One way or another it's a pay as you go anyway. Use/Needed - pay! 6) 9:95 scheme! 7) differential sum could be paid by installments without interest incurred! - great! 8) HCK is a very diversified and although, quite a new player in the property industry - they aimed big and from the way I see it, will be here to stay for a long time. go check them out - Impressive website! www.hckcapital.com - They even has a foundation for the underprivileged children! 9) By 2017, Duo would be worth so much more than what's it's selling at the moment once the place is completed. 10) oh and DUO comes partially fitted as well - money saved for renovation upon moving in Cheerios! Happy buying |
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Dec 27 2014, 09:40 AM
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Junior Member
26 posts Joined: Oct 2014 |
QUOTE(MyFirstHome @ Aug 16 2014, 08:17 PM) Is there anymore units left? I have 1 unit below 530K for 851sf, serious buyer can pm me.Parking or no parking, depends purely on intention of purchasding, investment/rental or own stay. I thinks its an attractive price , based onthe locations.. Anyone know ,if any unit left? Freebies 50K. |
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Dec 29 2014, 10:07 AM
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Newbie
5 posts Joined: Dec 2014 |
I have units for interested buyers. Please PM me.
Thanks. |
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Dec 29 2014, 03:45 PM
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2 posts Joined: Dec 2014 |
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Dec 29 2014, 03:46 PM
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2 posts Joined: Dec 2014 |
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Feb 27 2015, 05:02 PM
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Senior Member
1,053 posts Joined: Mar 2006 From: Stop monitoring =) |
668sq ft 435k run out.
Cheapest one available is 496k at higher floors - From sales gallery |
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May 10 2015, 01:31 AM
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1,184 posts Joined: Jan 2015 |
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May 11 2015, 05:49 PM
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Newbie
3 posts Joined: Apr 2015 |
I got interested wan to join.can pm me .
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May 11 2015, 05:51 PM
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3 posts Joined: Apr 2015 |
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May 11 2015, 06:38 PM
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23 posts Joined: Nov 2009 |
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May 16 2015, 11:41 PM
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5 posts Joined: Oct 2013 |
Hi All,
May need help here. Current the developer require the owner to bear the GST. Have any body also affect on this? Thanks. |
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May 19 2015, 08:54 PM
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Junior Member
30 posts Joined: May 2015 |
commercial prop come with GST. think twice before book
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May 24 2015, 01:01 AM
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Newbie
2 posts Joined: Apr 2015 |
Pm Me by email
l_cheesin@hotmail.com |
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May 25 2015, 06:56 PM
Show posts by this member only | IPv6 | Post
#128
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Junior Member
23 posts Joined: Nov 2009 |
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May 25 2015, 07:28 PM
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196 posts Joined: Dec 2013 |
Don't buy don't buy. Wait until over over supply then you will get under market price. When they said limited seat means a lot of seats lar. Be patient. Don't worries you can't get prop as plenty units available out there.
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May 26 2015, 12:11 PM
Show posts by this member only | IPv6 | Post
#130
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Newbie
4 posts Joined: Apr 2015 |
Welcome PM for more detail about this project, tower B are launching now!
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May 27 2015, 09:25 PM
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30 posts Joined: May 2015 |
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Jun 8 2015, 11:11 AM
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426 posts Joined: Sep 2007 From: seremban |
Welcome PM for more detail about this project, tower B are launching now!
🏫🏢🏩🏠🏡🏣🏨🏥🏤🏬⛪🏪 💥🆕✨ Dual-Key Suites @ Subang ✨🆙💥 ❗ 5% Down Payment ❗ RM500 Booking ONLY ❗ RM600k++ ONLY ❗ Partly Furnished ❗ Buildings nearby : -Taylor's Lakeside -Taylor's University -INTI International College -Empire Gallery Mall -Summit USJ -Sunway Pyramid -Sunway Medical -Sime Darby Medical Center -Sunway Medical Center 🆓 FREE S&P Legal Fees 🆓 FREE Disbursement Fees 🆓 FREE SPA Stamp Duty MOT 🆓 FREE interest =_-_= _-_= _-_=_-_=_-_= =_-_= _-_= 👱 👱 👱 This post has been edited by segahwhwa: Jun 8 2015, 11:21 AM |
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Jun 8 2015, 11:14 AM
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376 posts Joined: Mar 2008 |
If agent got details can pm me. Include the available size ya. Tq
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Jun 8 2015, 11:52 AM
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1,686 posts Joined: Aug 2011 |
QUOTE(segahwhwa @ Jun 8 2015, 11:11 AM) Welcome PM for more detail about this project, tower B are launching now! How many time want to lauch🏫🏢🏩🏠🏡🏣🏨🏥🏤🏬⛪🏪 💥🆕✨ Dual-Key Suites @ Subang ✨🆙💥 ❗ 5% Down Payment ❗ RM500 Booking ONLY ❗ RM600k++ ONLY ❗ Partly Furnished ❗ Buildings nearby : -Taylor's Lakeside -Taylor's University -INTI International College -Empire Gallery Mall -Summit USJ -Sunway Pyramid -Sunway Medical -Sime Darby Medical Center -Sunway Medical Center 🆓 FREE S&P Legal Fees 🆓 FREE Disbursement Fees 🆓 FREE SPA Stamp Duty MOT 🆓 FREE interest =_-_= _-_= _-_=_-_=_-_= =_-_= _-_= 👱 👱 👱 y dun do launching every week Empire reputation already gone down to drain, still wasting ur time So cheapskate rm500 booking, like booking motobike cant even book car By thr way dun believe at all wat developer say abt access road and flyover, all bullshit never do , empire city flyover access all forgotten already This post has been edited by Donald Trump: Jun 8 2015, 11:55 AM |
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Jun 14 2015, 02:03 PM
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Senior Member
988 posts Joined: Jul 2008 |
Carpark! RM70 per bay per month for 7 years , RM150 for another parking bay if needed or RM150 per month per bay after 7 years.
this 1 turn us down. lol |
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Jun 17 2015, 12:35 AM
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11 posts Joined: Aug 2011 |
hmmm...have to rent car park.?
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Jun 27 2015, 08:29 PM
Show posts by this member only | IPv6 | Post
#137
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Senior Member
589 posts Joined: Jul 2011 |
I must admit that the duo key concept is actually quite good...hope more coming projects have this feature
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Jul 25 2015, 08:31 PM
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23 posts Joined: Jul 2015 |
i wonder how many people or family need duo key?
if the location, price point and facilities r good...do we still need to promote dual key or triple key? |
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Jan 8 2016, 02:54 PM
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64 posts Joined: Jan 2014 |
Hi bro & sis, The Duo is a good location and good accessibility property to be invest. Currently we offered a good package with free construction interest, free MOT & GST. Developer free most of the furnishing also. Please drop me a PM or direct contact me at 017-634 3933 (CALL/WHATSAPP/SMS) if you want to know more about this. Thank you.
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Jan 8 2016, 10:57 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(Dawitt Tan @ Jan 8 2016, 02:54 PM) Hi bro & sis, The Duo is a good location and good accessibility property to be invest. Currently we offered a good package with free construction interest, free MOT & GST. Developer free most of the furnishing also. Please drop me a PM or direct contact me at 017-634 3933 (CALL/WHATSAPP/SMS) if you want to know more about this. Thank you. If this project is under empire, work still progress on site? |
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Jan 8 2016, 11:04 PM
Show posts by this member only | IPv6 | Post
#141
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Senior Member
1,686 posts Joined: Aug 2011 |
QUOTE(Dawitt Tan @ Jan 8 2016, 02:54 PM) Hi bro & sis, The Duo is a good location and good accessibility property to be invest. Currently we offered a good package with free construction interest, free MOT & GST. Developer free most of the furnishing also. Please drop me a PM or direct contact me at 017-634 3933 (CALL/WHATSAPP/SMS) if you want to know more about this. Thank you. everything also u say good good good.......but besides ur building got abandon project woh....how? |
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Jan 11 2016, 02:17 AM
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64 posts Joined: Jan 2014 |
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Jan 11 2016, 02:19 AM
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64 posts Joined: Jan 2014 |
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Jan 11 2016, 07:51 AM
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2,908 posts Joined: Aug 2011 |
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Jan 11 2016, 10:57 AM
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2,126 posts Joined: Jan 2003 From: KL, MY |
I think many are assuming that The Duo is related to Empire. I can confirm that The Duo sit right opposite of Empire Remix in USJ1, and from brochures seems that the developer is HCK, rather than MEH.
Some forumers have went to Empire Remix site to check and notice work have stopped for 2 weeks and counting. Anyone here can confirm if The Duo also build by Empire as well? So far the only link that I can find between Empire and HCK is at Empire City where HCK is suppose to purchase one whole office tower. |
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Jan 11 2016, 11:28 AM
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475 posts Joined: Jan 2003 |
QUOTE(netboy @ Jan 11 2016, 10:57 AM) I think many are assuming that The Duo is related to Empire. I can confirm that The Duo sit right opposite of Empire Remix in USJ1, and from brochures seems that the developer is HCK, rather than MEH. AFAIK, for The Duo, HCK bought the land from MEH and develop themselves since MEH has cashflow problem, unlike HCK Tower which HCK buys the tower directly from Empire. Anyway these are just official info, inside maybe still same developer since both bosses are good buddies.Some forumers have went to Empire Remix site to check and notice work have stopped for 2 weeks and counting. Anyone here can confirm if The Duo also build by Empire as well? So far the only link that I can find between Empire and HCK is at Empire City where HCK is suppose to purchase one whole office tower. |
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Jan 12 2016, 01:08 PM
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Senior Member
1,680 posts Joined: Oct 2012 |
QUOTE(Dawitt Tan @ Jan 8 2016, 02:54 PM) Hi bro & sis, The Duo is a good location and good accessibility property to be invest. Currently we offered a good package with free construction interest, free MOT & GST. Developer free most of the furnishing also. Please drop me a PM or direct contact me at 017-634 3933 (CALL/WHATSAPP/SMS) if you want to know more about this. Thank you. Pm me the details please. |
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Jan 14 2016, 10:52 AM
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Senior Member
520 posts Joined: Jul 2008 From: KL,Ampang |
Im working at HCK Properties as a Asistant Sales Manager, feel free to contact me if u guys are interested 016-6031895 Samuel Tan
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Jan 14 2016, 12:49 PM
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2,908 posts Joined: Aug 2011 |
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Jan 14 2016, 02:53 PM
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490 posts Joined: Dec 2008 |
Developer Is MEH la !bought sub sales from Hck ! Is that no need to pay gst ?
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Jan 14 2016, 02:57 PM
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490 posts Joined: Dec 2008 |
QUOTE(netboy @ Jan 11 2016, 11:57 AM) I think many are assuming that The Duo is related to Empire. I can confirm that The Duo sit right opposite of Empire Remix in USJ1, and from brochures seems that the developer is HCK, rather than MEH. The duo is empire remix 2 !block A&B under Hck ,they repackage then sell as subsale !Some forumers have went to Empire Remix site to check and notice work have stopped for 2 weeks and counting. Anyone here can confirm if The Duo also build by Empire as well? So far the only link that I can find between Empire and HCK is at Empire City where HCK is suppose to purchase one whole office tower. |
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Jan 21 2016, 04:59 PM
Show posts by this member only | IPv6 | Post
#152
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Junior Member
490 posts Joined: Dec 2008 |
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Mar 7 2016, 11:44 AM
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640 posts Joined: Feb 2008 |
i bought Tropicana Garden for investment.
thinking to buy The Duo for own stay. Q1 bit worry to buy The DUO if the developer got problem or not reading the above? Q2 after the TG, my appetite for housing loan might be very low, getting loan sure very difficult, headache. |
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Mar 7 2016, 11:45 AM
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640 posts Joined: Feb 2008 |
no money for down payment also
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Mar 7 2016, 09:01 PM
Show posts by this member only | IPv6 | Post
#155
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Senior Member
852 posts Joined: Jan 2015 |
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Mar 7 2016, 11:52 PM
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867 posts Joined: Apr 2010 From: Buddha Hand |
How much is the price ranging now for this duo?
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Mar 8 2016, 10:55 AM
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1,193 posts Joined: Jul 2008 |
Hi guys, I am owner of a unit. After all this hoohah on MEH having a bad track record, I have made some calls and verified some facts.
- The Duo developer is by HCK Capital group, not MEH. According to them, piling had some issues therefore there was a slight delay. Floors should be coming up soon. - There is supposed to be a connection between the Duo and Remix Mall, but Remix mall progress has stalled/ completely stopped/ contractor moved to EC to meet VP by September (not sure). - Flyover access to highway (not sure by HCK or Empire group, probably Empire). - From teleconversation, it sounds to me that HCK wants to dissociate themselves from MEH (maybe due to their increasingly bad rep/ potential major cashflow problem) As I notice, HCK Capital Group doesn't have cashflow problems unlike MEH (their stock price has been appreciating), but they are new to the property game. SPA is very poorly written (I should have done more due diligence before signing). I wouldn't be worried that the Duo will be an abandoned project, but of course the capital appreciation will depend on the Remix Mall and flyover access as well. As per their staff, expected completion is still end 2017/ Q1 2018. |
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Mar 8 2016, 12:28 PM
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640 posts Joined: Feb 2008 |
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May 9 2016, 10:06 AM
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1,193 posts Joined: Jul 2008 |
Some update pics of The Duo from yesterday (which is not much progress at all, despite sales people say work is picking up). Very bad flooding due to the previous day's storm, until cranes are also up to their windows in water.
Remix Mall has definitely picked up in progress though, so that's good news. |
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May 31 2016, 11:26 AM
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374 posts Joined: Feb 2014 |
Chester Properties is selling this project with these packages
How you benefit from our offers? Package A * Up to 19% rebate! (Or optional in Package B) * SPA & Loan Legal Fees Absorption (you could save up to RM20,000) * Partially furnished in your dream home. (so why need to pay more for your house furniture?) * No interest claim before Vacant Possession ( all you just need to do is waiting key!) Package B (Investor's favorite) * Take 10% rebate, enjoy 6.3%/year GRR package for 18 months. (The remaining 3 are same) anyone can advise whether it is a good buy? http://www.chester.com.my/index.php?ws=sho...01#openproducts |
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May 31 2016, 11:45 AM
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Senior Member
1,678 posts Joined: Mar 2016 |
grr = gg
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May 31 2016, 12:56 PM
Show posts by this member only | IPv6 | Post
#162
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Senior Member
914 posts Joined: Jan 2012 |
QUOTE(John91 @ May 9 2016, 10:06 AM) Some update pics of The Duo from yesterday (which is not much progress at all, despite sales people say work is picking up). Very bad flooding due to the previous day's storm, until cranes are also up to their windows in water. Wow, that will take sometime to restore the working condition and repairing cost of machinery will gonna be a boom. Anyway i saw some moving cranes on the DUO but for MEH, things are still not moving, the form-works show sign of deteriorating.Remix Mall has definitely picked up in progress though, so that's good news. |
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Jul 3 2016, 11:29 PM
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13 posts Joined: Jul 2016 |
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Jul 3 2016, 11:31 PM
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13 posts Joined: Jul 2016 |
QUOTE(Jdite @ May 31 2016, 11:26 AM) Chester Properties is selling this project with these packages I would say what is your objective. How you benefit from our offers? Package A * Up to 19% rebate! (Or optional in Package B) * SPA & Loan Legal Fees Absorption (you could save up to RM20,000) * Partially furnished in your dream home. (so why need to pay more for your house furniture?) * No interest claim before Vacant Possession ( all you just need to do is waiting key!) Package B (Investor's favorite) * Take 10% rebate, enjoy 6.3%/year GRR package for 18 months. (The remaining 3 are same) anyone can advise whether it is a good buy? http://www.chester.com.my/index.php?ws=sho...01#openproducts Perhaps I can share my knowledge with you. |
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Jul 3 2016, 11:34 PM
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13 posts Joined: Jul 2016 |
QUOTE(John91 @ Mar 8 2016, 10:55 AM) Hi guys, I am owner of a unit. After all this hoohah on MEH having a bad track record, I have made some calls and verified some facts. From my POV, i believe the expected completion is around Q3-Q4 2018- The Duo developer is by HCK Capital group, not MEH. According to them, piling had some issues therefore there was a slight delay. Floors should be coming up soon. - There is supposed to be a connection between the Duo and Remix Mall, but Remix mall progress has stalled/ completely stopped/ contractor moved to EC to meet VP by September (not sure). - Flyover access to highway (not sure by HCK or Empire group, probably Empire). - From teleconversation, it sounds to me that HCK wants to dissociate themselves from MEH (maybe due to their increasingly bad rep/ potential major cashflow problem) As I notice, HCK Capital Group doesn't have cashflow problems unlike MEH (their stock price has been appreciating), but they are new to the property game. SPA is very poorly written (I should have done more due diligence before signing). I wouldn't be worried that the Duo will be an abandoned project, but of course the capital appreciation will depend on the Remix Mall and flyover access as well. As per their staff, expected completion is still end 2017/ Q1 2018. |
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Jul 3 2016, 11:37 PM
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13 posts Joined: Jul 2016 |
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Jul 3 2016, 11:38 PM
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13 posts Joined: Jul 2016 |
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Jul 3 2016, 11:44 PM
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13 posts Joined: Jul 2016 |
QUOTE(joyie @ Jun 17 2015, 12:35 AM) Hi Joyie. Yeah. It is a commercial unit. Just like pavillion residence or mid valley residence. Their concept is very similar. There will be 1 million sq ft of shopping mall next to this project. Can you imagine that? 1 million Sq Ft is equal to half mid valley and all the retail and shopping mall unit is not for sale. This is to make sure the shopping mall and retail have very good mix to attract customer. Please do not hesitate to contact me at 0179393930, Shawn, if you have any query. Hope the info could help you. |
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Jul 3 2016, 11:58 PM
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13 posts Joined: Jul 2016 |
QUOTE(rmyk88 @ Oct 23 2014, 12:45 AM) prices now at 700+ psf. & seems many units are still available but not much takers.. wonder y? market is soft? Yeah.. market is oversaturated. But for investment wise, the developer is providing a fruitful discount which is 19%.Please call me at 0179393930 Shawn Woon for more detail. |
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Jul 4 2016, 09:52 AM
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1,193 posts Joined: Jul 2008 |
QUOTE(ShawnWoon @ Jul 4 2016, 12:34 AM) Getting pushed back further and further only. Initially say end 2017. MEH in financial trouble from EC. Remix 1 group also complaining kao kao d. Work stalled for how long? Empty promises everywhere, good luck trying to push sales. In this economic environment, no one is gonna buy this project unless waterfish. |
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Jul 4 2016, 10:24 AM
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10 posts Joined: Nov 2012 |
QUOTE(John91 @ Jul 4 2016, 09:52 AM) Getting pushed back further and further only. Initially say end 2017. lol, i am one of the owner too, seems we are the earliest waterfish.MEH in financial trouble from EC. Remix 1 group also complaining kao kao d. Work stalled for how long? Empty promises everywhere, good luck trying to push sales. In this economic environment, no one is gonna buy this project unless waterfish. Anyway, what can we do is to wait and pray. |
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Jul 6 2016, 06:56 PM
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13 posts Joined: Jul 2016 |
QUOTE(John91 @ Jul 4 2016, 09:52 AM) Getting pushed back further and further only. Initially say end 2017. Since the developer is not charging you the interest during construction, you have no harm.MEH in financial trouble from EC. Remix 1 group also complaining kao kao d. Work stalled for how long? Empty promises everywhere, good luck trying to push sales. In this economic environment, no one is gonna buy this project unless waterfish. |
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Jul 6 2016, 06:58 PM
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13 posts Joined: Jul 2016 |
QUOTE(ShawnWoon @ Jul 6 2016, 06:56 PM) I believe the appreciation is great after completion. the location is very strategic. HCK fundamental is very strong. You only pay small amount of down payment compare to developer who bear all your interest during construction. As a business man, I think they won't just aim for your downpayment. |
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Jul 6 2016, 06:59 PM
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13 posts Joined: Jul 2016 |
QUOTE(J_Shen @ Jul 4 2016, 10:24 AM) lol, i am one of the owner too, seems we are the earliest waterfish. I believe the appreciation is great after completion. the location is very strategic. Anyway, what can we do is to wait and pray. HCK fundamental is very strong. You only pay small amount of down payment compare to developer who bear all your interest during construction. As a business man, I think they won't just aim for your downpayment. |
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Jul 6 2016, 07:05 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(ShawnWoon @ Jul 6 2016, 06:59 PM) I believe the appreciation is great after completion. the location is very strategic. Meh fundamental is weaker than hck?HCK fundamental is very strong. You only pay small amount of down payment compare to developer who bear all your interest during construction. As a business man, I think they won't just aim for your downpayment. Is the developer liable for the loan that had drawdown? How long is dibs period? This post has been edited by icemanfx: Jul 7 2016, 08:06 AM |
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Jul 6 2016, 10:06 PM
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1,193 posts Joined: Jul 2008 |
QUOTE(ShawnWoon @ Jul 6 2016, 07:56 PM) As a buyer, I want my unit to be delivered on time, not delayed on multiple occasions, and having to wait for MEH to get their financials together. How long has work stopped on site? 15% downpayment is still cash, you wanna reimburse me for my delayed investment returns? Now currently the whole project is an eyesore, and if Empire Remix, Remix mall, and the "proposed access" is not developed/ delayed indefinitely as per your sales pitch, then do you think the area will be as what you said? Even if HCK fundamentals is strong, the entire area will still be affected due to developer. Don't harp on the same few sales lines you've been told to regurgitate, go and look at the actual site and see the pathetic condition its in. This post has been edited by John91: Jul 6 2016, 10:08 PM |
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Jul 6 2016, 10:25 PM
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1,124 posts Joined: Jan 2003 |
my opinion is that at least wait empire city to fully deliver 1st before step further into this project.
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Jul 17 2016, 02:34 PM
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13 posts Joined: Jul 2016 |
QUOTE(icemanfx @ Jul 6 2016, 07:05 PM) Meh fundamental is weaker than hck? Hi ICEMANFX,Is the developer liable for the loan that had drawdown? How long is dibs period? Sorry for the slow reply. I just came back from overseas. The developer will forfeit your Rm1000 deposite if loan rejected. The DIBS period will last until CCC is awarded. |
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Jul 17 2016, 03:09 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(ShawnWoon @ Jul 17 2016, 02:34 PM) Hi ICEMANFX, How long is dibs or dibs duration is unlimited?Sorry for the slow reply. I just came back from overseas. The developer will forfeit your Rm1000 deposite if loan rejected. The DIBS period will last until CCC is awarded. This post has been edited by icemanfx: Jul 17 2016, 03:17 PM |
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Jul 17 2016, 03:15 PM
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13 posts Joined: Jul 2016 |
QUOTE(John91 @ Jul 6 2016, 10:06 PM) As a buyer, I want my unit to be delivered on time, not delayed on multiple occasions, and having to wait for MEH to get their financials together. How long has work stopped on site? How long has work stopped on site? 15% downpayment is still cash, you wanna reimburse me for my delayed investment returns? Now currently the whole project is an eyesore, and if Empire Remix, Remix mall, and the "proposed access" is not developed/ delayed indefinitely as per your sales pitch, then do you think the area will be as what you said? Even if HCK fundamentals is strong, the entire area will still be affected due to developer. Don't harp on the same few sales lines you've been told to regurgitate, go and look at the actual site and see the pathetic condition its in. Work is on going. They are doing substructure now. 15% downpayment is still cash. (The developer only require you to pay 5% downpayment) the "proposed access" is not developed/ delayed indefinitely as per your sales pitch, then do you think the area will be as what you said? (To propose an interchange, there are a lot of studies has to carry out. Traffic data to decide the size of the interchange. That area has a 1 million sqf shopping mall, without interchange, their access is not perfect and hard to bring the footfall to the shopping mall. Interchange is the only way. In addition, the interchange cost is very minimal compare to the gross GDV of the project. I don't see a reason for them to tarnish their reputation by lying to everyone. you wanna reimburse me for my delayed investment returns? (Back to investment, there is always a risk in investment, it depend on how people weight the return. For low risk investment, bank FD is the choice) For property, 19% discount + DIBS + 5% downpayment and 700 psf in Sunway which is extremely attractive compare to 1200+ psf for sungeo residence which just seperated by 1 highway) Even if HCK fundamentals is strong, the entire area will still be affected due to developer. (No doubt the success of the project is still highly depend on the developer, however, do you think HCK group do not have experts and specialist to calculate the risk and return for them? Do remember Segi college is just around that area, HCK also reserve 5 floors of its office building within the duo building footprint to support its education arm) Don't harp on the same few sales lines you've been told to regurgitate, go and look at the actual site and see the pathetic condition its in. (Lets take an example of durian, some people said it is good some people said it is smelly. It still depend on a person. Same goes for property, objective of purchasing a property is also important to justify the deal. If you wish to stay and at the same time for investment, the duo key concept is really great. which allow you to stay in a studio unit(if you staying alone/with girlf), and rent the remaining 2 rooms for students or working adult. I |
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Jul 19 2016, 06:00 PM
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Junior Member
877 posts Joined: Mar 2012 |
QUOTE(John91 @ Jul 6 2016, 10:06 PM) As a buyer, I want my unit to be delivered on time, not delayed on multiple occasions, and having to wait for MEH to get their financials together. I am agree with u, i am the owner impian meridian which is near the duo condo area also, i stay here quite many years, this project the duo, since 2013 starting launch, until now 2016, not any progress for the project, this project may be abandon, empire remix is launch 2014, and now the empire remix almost done 35% progress, so i think all the the duo owner need becaful, this project may abandon and take over by other developer...How long has work stopped on site? 15% downpayment is still cash, you wanna reimburse me for my delayed investment returns? Now currently the whole project is an eyesore, and if Empire Remix, Remix mall, and the "proposed access" is not developed/ delayed indefinitely as per your sales pitch, then do you think the area will be as what you said? Even if HCK fundamentals is strong, the entire area will still be affected due to developer. Don't harp on the same few sales lines you've been told to regurgitate, go and look at the actual site and see the pathetic condition its in. for me suggestion , if u want invest in USJ 1, i prefer u buying Da Men, You One, Impian, Empire remix, USJ one park. you will ask me why... Because above condo are walking distant to BRT, Shopping mall, LRT, College. Empire remix, cant walk to LRT and BRT, why i suggest to buy Empire remix, because the developer have few success project for example Empire Shopping gallary, Empire damansara perdana etc. so i trust Empire is a good project USJ one park just walking distant to Empire remix, so also can consider, and USJ one park surrounding is Semi D house, a lot rich people staying there... I not recommend to buy a condo in USJ 1, that was, The Reginal, USJ one Avenue, Casa Subang... why i not recommend these condo, because The Reginal, USJ one avenue actually not walking distant to Shopping mall , LRT and BRT, so u want to rent u property is a issue.the tenant must have a car, then have properly to rent u condo. and dont forget, 1 condo only 2 car park, if 1 house got 6 tenant, how the tenant to park their car... another not recommend is casa subang, due to fail management , now the security become a bit better than previous, but the facility like swimming pools, gym, still worst, i go there many times, i can see not body at the facility, because too dirty for swimming pool , gym etc.and quite a lot africa there. so better dont buy there... |
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Jul 19 2016, 10:11 PM
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490 posts Joined: Dec 2008 |
QUOTE(thx2012 @ Jul 19 2016, 07:00 PM) I am agree with u, i am the owner impian meridian which is near the duo condo area also, i stay here quite many years, this project the duo, since 2013 starting launch, until now 2016, not any progress for the project, this project may be abandon, empire remix is launch 2014, and now the empire remix almost done 35% progress, so i think all the the duo owner need becaful, this project may abandon and take over by other developer... The duo is Hck bought from empire then repackage sell to buyer .the duo is empire remix 2 .if this project abandon the duo buyer still can get back their downpayment ,and pay nothing from bank .for me suggestion , if u want invest in USJ 1, i prefer u buying Da Men, You One, Impian, Empire remix, USJ one park. you will ask me why... Because above condo are walking distant to BRT, Shopping mall, LRT, College. Empire remix, cant walk to LRT and BRT, why i suggest to buy Empire remix, because the developer have few success project for example Empire Shopping gallary, Empire damansara perdana etc. so i trust Empire is a good project USJ one park just walking distant to Empire remix, so also can consider, and USJ one park surrounding is Semi D house, a lot rich people staying there... I not recommend to buy a condo in USJ 1, that was, The Reginal, USJ one Avenue, Casa Subang... why i not recommend these condo, because The Reginal, USJ one avenue actually not walking distant to Shopping mall , LRT and BRT, so u want to rent u property is a issue.the tenant must have a car, then have properly to rent u condo. and dont forget, 1 condo only 2 car park, if 1 house got 6 tenant, how the tenant to park their car... another not recommend is casa subang, due to fail management , now the security become a bit better than previous, but the facility like swimming pools, gym, still worst, i go there many times, i can see not body at the facility, because too dirty for swimming pool , gym etc.and quite a lot africa there. so better dont buy there... |
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Jul 19 2016, 10:16 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(vinchee1219 @ Jul 19 2016, 10:11 PM) The duo is Hck bought from empire then repackage sell to buyer .the duo is empire remix 2 .if this project abandon the duo buyer still can get back their downpayment ,and pay nothing from bank . The developer may even compensate buyers for loss on investment.This post has been edited by icemanfx: Jul 19 2016, 10:17 PM |
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Jul 19 2016, 10:34 PM
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13 posts Joined: Jul 2016 |
QUOTE(icemanfx @ Jul 17 2016, 03:09 PM) I shouldn't call it as DIBS at first. This is because DIBS is banned by the authority now and DIBS is the developer claim your loan from bank, but they pay the interest for you.However, the duo is diff. How HCK work is that they have strong cash in hand. They basically don't claim your loan from bank. They claim one shot after ccc. Therefore as long as ccc is not obtained, the interest will not be charge to buyer. There are pro and con of course. Same as a buyer, if ccc delayed, buyer can't claim the LAD. |
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Jul 19 2016, 10:48 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(ShawnWoon @ Jul 19 2016, 10:34 PM) I shouldn't call it as DIBS at first. This is because DIBS is banned by the authority now and DIBS is the developer claim your loan from bank, but they pay the interest for you. Hope hck cash flow from elsewhere is consistently strong otherwise there is no recourse.However, the duo is diff. How HCK work is that they have strong cash in hand. They basically don't claim your loan from bank. They claim one shot after ccc. Therefore as long as ccc is not obtained, the interest will not be charge to buyer. There are pro and con of course. Same as a buyer, if ccc delayed, buyer can't claim the LAD. |
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Jul 19 2016, 11:00 PM
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490 posts Joined: Dec 2008 |
QUOTE(ShawnWoon @ Jul 19 2016, 11:34 PM) I shouldn't call it as DIBS at first. This is because DIBS is banned by the authority now and DIBS is the developer claim your loan from bank, but they pay the interest for you. Hck can't claim coz this is sub sale ,bank not allow .However, the duo is diff. How HCK work is that they have strong cash in hand. They basically don't claim your loan from bank. They claim one shot after ccc. Therefore as long as ccc is not obtained, the interest will not be charge to buyer. There are pro and con of course. Same as a buyer, if ccc delayed, buyer can't claim the LAD. |
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Jul 19 2016, 11:37 PM
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877 posts Joined: Mar 2012 |
QUOTE(ShawnWoon @ Jul 19 2016, 10:34 PM) I shouldn't call it as DIBS at first. This is because DIBS is banned by the authority now and DIBS is the developer claim your loan from bank, but they pay the interest for you. if project delay, even buyer not need pay any interest, but the time is also money. if at the end the project can not success, the buyer get back the down payment also meaningless... because maybe the buyer just put the hope to this condo, after that this condo can not build, then other condo price already increase, this suffer will be bear by buyer.However, the duo is diff. How HCK work is that they have strong cash in hand. They basically don't claim your loan from bank. They claim one shot after ccc. Therefore as long as ccc is not obtained, the interest will not be charge to buyer. There are pro and con of course. Same as a buyer, if ccc delayed, buyer can't claim the LAD. hope u can understand my english. |
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Jul 20 2016, 01:17 AM
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All Stars
21,457 posts Joined: Jul 2012 |
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Sep 11 2016, 10:57 AM
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93 posts Joined: Nov 2007 |
news from SA, seems that bank loan now on hold for the project.
complication becoz bank found SA give discount kau kau lor gg. |
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Sep 11 2016, 11:35 AM
Show posts by this member only | IPv6 | Post
#190
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Junior Member
86 posts Joined: Nov 2010 |
Hopefully this project will bring us a good news soooon
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Sep 12 2016, 11:02 PM
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Senior Member
1,124 posts Joined: Jan 2003 |
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Sep 12 2016, 11:18 PM
Show posts by this member only | IPv6 | Post
#192
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All Stars
21,457 posts Joined: Jul 2012 |
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Sep 13 2016, 12:44 PM
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93 posts Joined: Nov 2007 |
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Oct 7 2016, 10:41 AM
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10 posts Joined: Nov 2012 |
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Oct 8 2016, 09:36 PM
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93 posts Joined: Nov 2007 |
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Oct 9 2016, 04:59 AM
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All Stars
21,457 posts Joined: Jul 2012 |
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Oct 11 2016, 05:33 PM
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10 posts Joined: Nov 2012 |
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Jun 20 2017, 03:30 PM
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153 posts Joined: Apr 2015 |
QUOTE(ShawnWoon @ Jul 17 2016, 03:15 PM) How long has work stopped on site? Hi, now that it is after almost a year, is the Duo is still going good overall?Work is on going. They are doing substructure now. 15% downpayment is still cash. (The developer only require you to pay 5% downpayment) the "proposed access" is not developed/ delayed indefinitely as per your sales pitch, then do you think the area will be as what you said? (To propose an interchange, there are a lot of studies has to carry out. Traffic data to decide the size of the interchange. That area has a 1 million sqf shopping mall, without interchange, their access is not perfect and hard to bring the footfall to the shopping mall. Interchange is the only way. In addition, the interchange cost is very minimal compare to the gross GDV of the project. I don't see a reason for them to tarnish their reputation by lying to everyone. you wanna reimburse me for my delayed investment returns? (Back to investment, there is always a risk in investment, it depend on how people weight the return. For low risk investment, bank FD is the choice) For property, 19% discount + DIBS + 5% downpayment and 700 psf in Sunway which is extremely attractive compare to 1200+ psf for sungeo residence which just seperated by 1 highway) Even if HCK fundamentals is strong, the entire area will still be affected due to developer. (No doubt the success of the project is still highly depend on the developer, however, do you think HCK group do not have experts and specialist to calculate the risk and return for them? Do remember Segi college is just around that area, HCK also reserve 5 floors of its office building within the duo building footprint to support its education arm) Don't harp on the same few sales lines you've been told to regurgitate, go and look at the actual site and see the pathetic condition its in. (Lets take an example of durian, some people said it is good some people said it is smelly. It still depend on a person. Same goes for property, objective of purchasing a property is also important to justify the deal. If you wish to stay and at the same time for investment, the duo key concept is really great. which allow you to stay in a studio unit(if you staying alone/with girlf), and rent the remaining 2 rooms for students or working adult. I |
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Jun 20 2017, 04:11 PM
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Junior Member
60 posts Joined: Jun 2017 |
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Jun 20 2017, 05:25 PM
Show posts by this member only | IPv6 | Post
#200
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Senior Member
914 posts Joined: Jan 2012 |
The progress has kicked off, at least better than the REMIX, i think HCK has allocated income to jumpstart the project. But still the pricing wise has been marketed along the incoming bridge from kesas. Hope they will honor it and construct accordingly.
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Jun 21 2017, 09:22 AM
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Junior Member
60 posts Joined: Jun 2017 |
QUOTE(Clement1001 @ Jun 20 2017, 05:25 PM) The progress has kicked off, at least better than the REMIX, i think HCK has allocated income to jumpstart the project. But still the pricing wise has been marketed along the incoming bridge from kesas. Hope they will honor it and construct accordingly. Imaging the previous owner who bought it at 2014 when first launch have to wait again.. sighh... image you buy a house but till ntg is in progress. Super sad wei... When there on the launching last year June for Block B, Sales staff mention there will be incoming bridge when i ask any prove they say proposed. So is like 50% got 50% dont have.. and no car park is one of the issue..@@ |
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Jun 21 2017, 10:10 AM
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Senior Member
1,193 posts Joined: Jul 2008 |
QUOTE(Ivy_ivy @ Jun 21 2017, 10:22 AM) Imaging the previous owner who bought it at 2014 when first launch have to wait again.. sighh... image you buy a house but till ntg is in progress. Super sad wei... Count our blessings as we don't have to pay interest as compared to Remix owners. Anyways, for those who bought as investment (me included), I guess its not such a bad thing after all as the property sector is still soft. Can collect bullet for elsewhere When there on the launching last year June for Block B, Sales staff mention there will be incoming bridge when i ask any prove they say proposed. So is like 50% got 50% dont have.. and no car park is one of the issue..@@ |
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Jun 21 2017, 05:32 PM
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Junior Member
153 posts Joined: Apr 2015 |
QUOTE(Clement1001 @ Jun 20 2017, 05:25 PM) The progress has kicked off, at least better than the REMIX, i think HCK has allocated income to jumpstart the project. But still the pricing wise has been marketed along the incoming bridge from kesas. Hope they will honor it and construct accordingly. I think most importantly is the Exit to Kesas because incoming wise already exists, at least exists only from Puchong direction but not usable for Subang direction after U-turn.It can get quite unbearable for USJ 1 residents to exit to Kesas only using the Damen/Giant way to Kewajipan. Is this exit to Kesas depending on Remix, not HCK? HCK is building another direct entrance and exit? |
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Jun 30 2017, 11:58 AM
Show posts by this member only | IPv6 | Post
#204
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Junior Member
220 posts Joined: Aug 2009 |
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Sep 13 2017, 03:36 PM
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Newbie
1 posts Joined: Sep 2017 |
QUOTE(angelatby @ Jun 30 2017, 06:58 AM) Any update on the Duo @ USJ1? I'm surprised the project was stopped while then. I do receive a copy from the developer on the status of the project with pictures earlier this year. Not so much - I can only see a foundation is there. So sad. |
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Nov 19 2017, 12:24 AM
Show posts by this member only | IPv6 | Post
#206
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Junior Member
373 posts Joined: Dec 2016 |
This project still moving?
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Mar 15 2018, 11:42 PM
Show posts by this member only | IPv6 | Post
#207
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Junior Member
373 posts Joined: Dec 2016 |
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Mar 16 2018, 01:01 AM
Show posts by this member only | IPv6 | Post
#208
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Senior Member
1,661 posts Joined: Jan 2003 |
i dun think anythign is moving right? even the hck portion one...
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Mar 16 2018, 01:13 AM
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Senior Member
1,678 posts Joined: Mar 2016 |
Thot hck gonna take over everything...
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Mar 26 2018, 09:13 AM
Show posts by this member only | IPv6 | Post
#210
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Junior Member
490 posts Joined: Dec 2008 |
Any update ?
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Mar 27 2018, 08:37 AM
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1 posts Joined: Mar 2018 |
Received letter from Joyview properties on the DUO @USJ1 propertywhich stated the following:
"The Developer (True Renaissance) had received notice of termination from the proprietor (ProjeK Muara Sdn Bhd). This means that the developer would not be able to continue with the construction of the property until the parties resolve their dispute. We therefore expect further delay in the completion of the property". Looks like its going to be a long wait. This post has been edited by Rambo2004: Mar 27 2018, 08:39 AM |
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Mar 27 2018, 02:04 PM
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Junior Member
60 posts Joined: Jun 2017 |
pass by last sunday.. look like stop for along time d the construction. if like dat it gonna be another delay again? I wonder how long it will take to complete this whole project..Sigh..
Block A launch at 2013/2014 and Block B launch around 2015/2016.. |
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Mar 27 2018, 03:58 PM
Show posts by this member only | IPv6 | Post
#213
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Junior Member
490 posts Joined: Dec 2008 |
QUOTE(Rambo2004 @ Mar 27 2018, 09:37 AM) Received letter from Joyview properties on the DUO @USJ1 propertywhich stated the following: Mean hck doing nothing ?"The Developer (True Renaissance) had received notice of termination from the proprietor (ProjeK Muara Sdn Bhd). This means that the developer would not be able to continue with the construction of the property until the parties resolve their dispute. We therefore expect further delay in the completion of the property". Looks like its going to be a long wait. |
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Mar 27 2018, 04:40 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(Rambo2004 @ Mar 27 2018, 08:37 AM) Received letter from Joyview properties on the DUO @USJ1 propertywhich stated the following: If the land owner repossessed the land, long wait is likely to be over optimistic."The Developer (True Renaissance) had received notice of termination from the proprietor (ProjeK Muara Sdn Bhd). This means that the developer would not be able to continue with the construction of the property until the parties resolve their dispute. We therefore expect further delay in the completion of the property". Looks like its going to be a long wait. Recommend buyers to engage lawyers collectively for next course of action. This post has been edited by icemanfx: Mar 27 2018, 04:42 PM |
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Mar 27 2018, 04:59 PM
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All Stars
21,457 posts Joined: Jul 2012 |
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Mar 27 2018, 05:06 PM
Show posts by this member only | IPv6 | Post
#216
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Junior Member
490 posts Joined: Dec 2008 |
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Mar 27 2018, 05:39 PM
Show posts by this member only | IPv6 | Post
#217
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Senior Member
914 posts Joined: Jan 2012 |
HCK has been doing a good job on their cyberjaya and setia alam progress. Why not here !?
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Mar 27 2018, 05:45 PM
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Senior Member
1,124 posts Joined: Jan 2003 |
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Mar 27 2018, 06:31 PM
Show posts by this member only | IPv6 | Post
#219
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Junior Member
490 posts Joined: Dec 2008 |
As the duo buyer we need to group and ask hck to give
A due date |
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Mar 27 2018, 08:26 PM
Show posts by this member only | IPv6 | Post
#220
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Senior Member
1,123 posts Joined: Oct 2010 |
QUOTE(John91 @ Jun 21 2017, 10:10 AM) Count our blessings as we don't have to pay interest as compared to Remix owners. Anyways, for those who bought as investment (me included), I guess its not such a bad thing after all as the property sector is still soft. Can collect bullet for elsewhere Guessed now even the Duo also affected. all the same now |
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Mar 27 2018, 08:32 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(John91 @ Jun 21 2017, 10:10 AM) Count our blessings as we don't have to pay interest as compared to Remix owners. Anyways, for those who bought as investment (me included), I guess its not such a bad thing after all as the property sector is still soft. Can collect bullet for elsewhere Is the developer still serving bank loan interest under dibs? |
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Mar 27 2018, 09:31 PM
Show posts by this member only | IPv6 | Post
#222
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Junior Member
490 posts Joined: Dec 2008 |
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Mar 27 2018, 10:14 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(vinchee1219 @ Mar 27 2018, 09:31 PM) No wonder the developer couldn't proceed further. Also mean the developer, its contractors and suppliers will incur substantial losses.This post has been edited by icemanfx: Mar 27 2018, 10:16 PM |
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Mar 28 2018, 12:23 AM
Show posts by this member only | IPv6 | Post
#224
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Junior Member
490 posts Joined: Dec 2008 |
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Mar 28 2018, 12:35 AM
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All Stars
21,457 posts Joined: Jul 2012 |
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Mar 28 2018, 04:01 PM
Show posts by this member only | IPv6 | Post
#226
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Senior Member
1,377 posts Joined: Aug 2009 |
Wondering if anyone sue Empire. They spend too much inviting Paris Hilton I guess
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Apr 13 2018, 10:56 AM
Show posts by this member only | IPv6 | Post
#227
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Newbie
1 posts Joined: Jul 2011 |
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Apr 19 2018, 09:58 PM
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4 posts Joined: Apr 2018 |
As per my sales agent Joyview is asking buyers to feedback whether want to withdraw the purchase or continue to wait. I have opt for withdraeal and the sakes agent eould revert onbthe refund. I amminnthe opionion tht withdrawal is bettetbthan to sit and wait.
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Apr 19 2018, 10:03 PM
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Newbie
4 posts Joined: Apr 2018 |
I sm one of the buyet for the duo. If this project drag too long to complete than it is difficult to get bank loan if got any other property to consider. Does anyone contacted Ms. chin mentioned in the letter from joyvuew. If yes pls share the updates
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Jun 11 2018, 02:06 PM
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Newbie
1 posts Joined: May 2018 |
hi, please join fb group if you are the buyer of this project. We can gather updates / info there.
Group name: THE DUO AT USJ 1 - BUYER Thanks. |
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Jun 12 2018, 11:48 AM
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Newbie
4 posts Joined: Apr 2018 |
Hi,
Can tye administrator add me in facebook. Or let me know how can i be added. Thanks |
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Jun 12 2018, 11:57 AM
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Newbie
4 posts Joined: Apr 2018 |
Sabrina,
I have request to be added in the group whatsapp.please help to accept. Thanks |
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Jun 28 2018, 09:37 AM
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Junior Member
490 posts Joined: Dec 2008 |
Any update ?
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Jan 17 2019, 10:20 AM
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Junior Member
60 posts Joined: Jun 2017 |
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Mar 4 2019, 07:44 AM
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1 posts Joined: May 2008 |
Guys, apparently this has been renamed to Edumetro. Have you guys been to the salesgallery at Damen Mall?
Any insights? The abandoned project doesn’t seem to be convincing enough for me to commit myself into buying. |
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Mar 4 2019, 07:39 PM
Show posts by this member only | IPv6 | Post
#236
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All Stars
10,777 posts Joined: Sep 2009 |
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Mar 14 2019, 02:49 AM
Show posts by this member only | IPv6 | Post
#237
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Junior Member
68 posts Joined: May 2013 |
HCK has contacted the earlier buyers and given them the status update. Their sales gallery is at Damen and if you need to know more about the project you may message me.
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Oct 22 2019, 06:12 PM
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Probation
15 posts Joined: May 2019 |
HCK has resumed the project and the proposed exit to KESAS will be completed the same time as the project itself.
Right now developer are offering promotion of 1k booking fees. And buyer will not have to pay interest until they hand over keys. Target completion on Q1 2022 which is 2.5 years from now . |
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Oct 22 2019, 06:17 PM
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Probation
15 posts Joined: May 2019 |
QUOTE(magnusre @ Oct 22 2019, 06:12 PM) HCK has resumed the project and the proposed exit to KESAS will be completed the same time as the project itself. For tower A, B, and C. Right now developer are offering promotion of 1k booking fees. And buyer will not have to pay interest until they hand over keys. Target completion on Q1 2022 which is 2.5 years from now . Imperial International School will be coming in the next phase of development. So tenancy market is kinda already there. |
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Nov 23 2019, 10:16 PM
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All Stars
11,954 posts Joined: May 2007 |
Their website last update progress in on Sept 2019
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Dec 5 2019, 03:20 PM
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Probation
15 posts Joined: May 2019 |
there's a sunway international school just started construction just 300meters away from this site.
dont quote me on this but i heard there will be a flyover to connect said international school to sunway city |
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Feb 18 2020, 10:41 AM
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Senior Member
2,186 posts Joined: Nov 2011 From: Alpha IT Shop |
any one can confirm isnt it this project stop or what? tq
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Mar 3 2020, 11:59 PM
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Newbie
12 posts Joined: Oct 2009 |
Any whatsapp group for owner? Can add me?
I have requested FB page as well. |
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Apr 27 2020, 04:54 PM
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Senior Member
1,692 posts Joined: Mar 2009 From: Probation? |
Ok ok confused a bit
This post has been edited by spacelion: Apr 27 2020, 07:11 PM |
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Apr 27 2020, 05:04 PM
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Senior Member
1,296 posts Joined: Nov 2019 |
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Apr 27 2020, 07:00 PM
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Senior Member
758 posts Joined: Jan 2003 From: Angel Heaven X |
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Apr 27 2020, 07:01 PM
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Senior Member
758 posts Joined: Jan 2003 From: Angel Heaven X |
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May 15 2020, 06:07 AM
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Senior Member
758 posts Joined: Jan 2003 From: Angel Heaven X |
Currently this project cooperate with MakeOver guy, interior design to help you design the unit if purchase starting from now.
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May 18 2020, 12:39 PM
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Senior Member
1,193 posts Joined: Jul 2008 |
What are the offers on the 3 BR now?
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May 28 2020, 05:37 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space |
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May 28 2020, 07:16 PM
Show posts by this member only | IPv6 | Post
#251
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Junior Member
96 posts Joined: Apr 2019 |
USJ1 just have too many properties
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May 31 2020, 09:14 AM
Show posts by this member only | IPv6 | Post
#252
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Probation
27 posts Joined: May 2020 |
how to terminate and get rid of this abandoned project??? 2014 until now abandoned and slow
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May 31 2020, 09:59 AM
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Senior Member
1,296 posts Joined: Nov 2019 |
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Jun 12 2020, 02:54 PM
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Probation
23 posts Joined: Oct 2019 |
what happen to this project? since 2014 abandoned.
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Aug 13 2020, 05:44 PM
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Probation
5 posts Joined: Aug 2020 |
expected completion is 2022 q4, SEGI college & Imperial international will be moving here, also just confirmed for the new flyover exit to KESAS, took them 1.5 year to get approval from all parties. can pm me for best deal
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Aug 13 2020, 09:41 PM
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Senior Member
1,567 posts Joined: Jan 2007 |
QUOTE(magnusre @ Dec 5 2019, 03:20 PM) there's a sunway international school just started construction just 300meters away from this site. Where is the school located and when will it be completed...?dont quote me on this but i heard there will be a flyover to connect said international school to sunway city |
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Aug 13 2020, 10:17 PM
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Junior Member
120 posts Joined: Jul 2020 |
Another abandoned building just besides and took by other developer seem like no progress?
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Aug 14 2020, 10:50 AM
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Junior Member
428 posts Joined: Aug 2018 |
QUOTE(klwb3876 @ Aug 13 2020, 05:44 PM) expected completion is 2022 q4, SEGI college & Imperial international will be moving here, also just confirmed for the new flyover exit to KESAS, took them 1.5 year to get approval from all parties. can pm me for best deal show proof segi. i know imperial is in compound but never segi.QUOTE(flight @ Aug 13 2020, 09:41 PM) near the brt iircThis post has been edited by SongChiang: Aug 14 2020, 10:51 AM |
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Aug 14 2020, 06:58 PM
Show posts by this member only | IPv6 | Post
#259
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Probation
5 posts Joined: Aug 2020 |
QUOTE(SongChiang @ Aug 14 2020, 10:50 AM) already confirmed with news https://www.thestar.com.my/business/busines...ng-jaya-project |
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Aug 14 2020, 08:47 PM
Show posts by this member only | IPv6 | Post
#260
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Senior Member
7,348 posts Joined: Jun 2014 |
QUOTE(klwb3876 @ Aug 13 2020, 06:44 PM) expected completion is 2022 q4, SEGI college & Imperial international will be moving here, also just confirmed for the new flyover exit to KESAS, took them 1.5 year to get approval from all parties. can pm me for best deal After moving there, how abt their current place near summit? |
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Aug 17 2020, 02:21 PM
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Junior Member
428 posts Joined: Aug 2018 |
QUOTE(klwb3876 @ Aug 14 2020, 06:58 PM) building leased for student accommodation or class? |
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Aug 17 2020, 09:29 PM
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Probation
5 posts Joined: Aug 2020 |
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Aug 17 2020, 09:30 PM
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Probation
5 posts Joined: Aug 2020 |
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Sep 15 2020, 09:50 PM
Show posts by this member only | IPv6 | Post
#264
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Junior Member
8 posts Joined: Dec 2015 |
So is this property suitable for investment?
Like not hot topic here |
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Sep 28 2020, 10:35 PM
Show posts by this member only | IPv6 | Post
#265
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Senior Member
1,275 posts Joined: Jan 2009 |
I have few units in Da Men for sale, from 400k with free all legal fees inclusive of MOT, anyone interested pls pm me
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Nov 4 2020, 10:55 AM
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Senior Member
1,193 posts Joined: Jul 2008 |
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Jan 4 2021, 12:09 AM
Show posts by this member only | IPv6 | Post
#267
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Junior Member
91 posts Joined: Aug 2019 |
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Jan 4 2021, 11:51 AM
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Senior Member
2,262 posts Joined: Jul 2013 |
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Jan 9 2021, 01:51 PM
Show posts by this member only | IPv6 | Post
#269
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Junior Member
91 posts Joined: Aug 2019 |
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Jan 11 2021, 11:57 AM
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Senior Member
2,262 posts Joined: Jul 2013 |
QUOTE(pawpaws @ Jan 9 2021, 01:51 PM) Should build one more incoming from Klang direction then can ease the jam load at damen traffic lights haha that one consider enter and in the plan too (but i cant recall it's part of the elevated uturn of dedicate flyover), miss out that because your question is exit |
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Jan 11 2021, 08:17 PM
Show posts by this member only | IPv6 | Post
#271
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Junior Member
91 posts Joined: Aug 2019 |
QUOTE(elmond @ Jan 11 2021, 11:57 AM) that one consider enter and in the plan too (but i cant recall it's part of the elevated uturn of dedicate flyover), miss out that because your question is exit Oh, that's a very plus point for this project. So the entry into USJ1 from KESAS is also approved already? |
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Feb 4 2021, 10:04 PM
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Probation
11 posts Joined: Jan 2021 |
QUOTE(benbenjr @ Mar 3 2014, 05:42 PM) HiThe developer is HCK Builder Sdn Bhd. MCO - maybe hard to go Sales Gallery. You can view through virtual tour here : https://www.iproperty.com.my/new-property/p...-jaya/new-5989/ |
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Feb 4 2021, 10:08 PM
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Senior Member
2,714 posts Joined: May 2008 |
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Jul 12 2021, 09:03 PM
Show posts by this member only | IPv6 | Post
#274
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Probation
17 posts Joined: Dec 2020 |
HCK just launched the last tower, called Lakeview suite, very attractive package
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Jul 13 2021, 12:11 AM
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Junior Member
73 posts Joined: Oct 2020 |
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Jul 15 2021, 12:06 AM
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Probation
17 posts Joined: Dec 2020 |
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Jul 16 2021, 03:08 PM
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Junior Member
73 posts Joined: Oct 2020 |
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Jul 18 2021, 11:01 PM
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Junior Member
73 posts Joined: Oct 2020 |
planning to buy this one ..
whats the pros n cons ? need to know from experts.. |
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Jul 19 2021, 08:50 PM
Show posts by this member only | IPv6 | Post
#279
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Probation
17 posts Joined: Dec 2020 |
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Jul 20 2021, 10:20 AM
Show posts by this member only | IPv6 | Post
#280
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Senior Member
1,266 posts Joined: Jul 2013 |
What is the latest package,? The property type is Sofo means more to office title and not cover under HDA?
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Jul 20 2021, 09:21 PM
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#281
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Probation
17 posts Joined: Dec 2020 |
QUOTE(CloudAtla$ @ Jul 20 2021, 10:20 AM) What is the latest package,? The property type is Sofo means more to office title and not cover under HDA? yes, its commercial title...can be office or own stay if single or young couple.latest package is 8%, the outstanding balance down pyment can be pay by installment to developer by 36, 48 or 60month (0% interest) and one more value guarantee plan, you can sell back to developer after 5 years with the same price you bought, if your property depreciate or couldn't sell higher price. |
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Jul 21 2021, 09:17 AM
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#282
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Senior Member
1,266 posts Joined: Jul 2013 |
what is the selling price now,,?
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Jul 21 2021, 01:22 PM
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#283
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Junior Member
172 posts Joined: Mar 2018 |
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Jul 21 2021, 10:49 PM
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#284
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Probation
17 posts Joined: Dec 2020 |
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Jul 21 2021, 11:37 PM
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Probation
2 posts Joined: Jul 2021 |
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Jul 21 2021, 11:45 PM
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#286
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Senior Member
1,266 posts Joined: Jul 2013 |
what is the size and how much psf?9
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Jul 23 2021, 10:37 AM
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#287
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Probation
17 posts Joined: Dec 2020 |
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Aug 2 2021, 05:35 PM
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Junior Member
81 posts Joined: Nov 2016 |
What is the latest packages for lakeview suits? Are this suitable for investment as current market?
This post has been edited by CR.7: Aug 2 2021, 05:40 PM |
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Aug 2 2021, 06:28 PM
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#289
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Junior Member
172 posts Joined: Mar 2018 |
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Sep 22 2021, 09:50 PM
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#290
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Senior Member
3,648 posts Joined: Jul 2014 |
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Sep 22 2021, 10:29 PM
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#291
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Junior Member
172 posts Joined: Mar 2018 |
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Sep 22 2021, 10:57 PM
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#292
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Senior Member
3,648 posts Joined: Jul 2014 |
ckck90 liked this post
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Sep 29 2021, 09:17 AM
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Junior Member
58 posts Joined: Jul 2017 |
hi all,anyone any thoughts on the vlue guarantee by HCK (dev)?
I just sat through the sharing with SA on lakeview. price by market/sf is decent.. (not too price and not too cheap). main attraction = segi students |
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Sep 29 2021, 09:58 AM
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Junior Member
340 posts Joined: Sep 2021 |
QUOTE(bodybuildnoobie @ Sep 29 2021, 09:17 AM) hi all,anyone any thoughts on the vlue guarantee by HCK (dev)? It somewhat shows the confidence that the developer has in the project and sets a floor price for the property upon VP, but if I am not mistaken the guaranteed value is the net price minus the legal fee, admin costs etc, meaning if the property doesn't perform well, owner will still lose money, just not as much. I just sat through the sharing with SA on lakeview. price by market/sf is decent.. (not too price and not too cheap). main attraction = segi students At the end of the day, still need to do your due diligence on whether this is a good project. Cannot simply buy just because there is a "value guarantee". |
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Sep 29 2021, 05:03 PM
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Junior Member
56 posts Joined: Apr 2007 |
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Sep 29 2021, 09:31 PM
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#296
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Junior Member
58 posts Joined: Jul 2017 |
QUOTE(Timmy Tan @ Sep 29 2021, 09:58 AM) It somewhat shows the confidence that the developer has in the project and sets a floor price for the property upon VP, but if I am not mistaken the guaranteed value is the net price minus the legal fee, admin costs etc, meaning if the property doesn't perform well, owner will still lose money, just not as much. True true. The prospect remains good too. With segi college, so hence i’m quite keen.At the end of the day, still need to do your due diligence on whether this is a good project. Cannot simply buy just because there is a "value guarantee". |
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Sep 29 2021, 10:16 PM
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#297
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Junior Member
58 posts Joined: Jul 2017 |
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Nov 2 2021, 12:32 PM
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Newbie
32 posts Joined: Jun 2010 |
I went to their showroom and they say will be completed by 2024. Not under HDA and after completion leasehold only 83 years left. However SA said defect period will still be 24 months and after completion date 5 years later within 3 months if the property lose its value they will either top up the lose value or they can buy back the property (with after rebate price). Also it comes with almost fully furnished unit but they refused to let me know which brand will they provide for all the furniture.
Commercial electricity charge and carpark is 10 years free. after 10 years will start to charge. Their other projects edusentral and edusphere the construction seems slow according to the buyers. So is this property (lakeview) worth to invest? anyone can enlighten me with the pros and cons? This post has been edited by miracle0310: Nov 2 2021, 12:34 PM |
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Nov 2 2021, 02:06 PM
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Junior Member
58 posts Joined: Jul 2017 |
QUOTE(miracle0310 @ Nov 2 2021, 12:32 PM) I went to their showroom and they say will be completed by 2024. Not under HDA and after completion leasehold only 83 years left. However SA said defect period will still be 24 months and after completion date 5 years later within 3 months if the property lose its value they will either top up the lose value or they can buy back the property (with after rebate price). Also it comes with almost fully furnished unit but they refused to let me know which brand will they provide for all the furniture. I went too. placed booking but backed out. Commercial electricity charge and carpark is 10 years free. after 10 years will start to charge. Their other projects edusentral and edusphere the construction seems slow according to the buyers. So is this property (lakeview) worth to invest? anyone can enlighten me with the pros and cons? end up i dont like the idea of non hda... regulations dont' protect you. only your spa. having said that, i dont mean they have credibility issues. their Edu in cyberjaya seems to have progress. rental side as investment . you are betting on the college next door. which i dont know if many nonlocals attend. |
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Nov 2 2021, 02:33 PM
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Junior Member
340 posts Joined: Sep 2021 |
QUOTE(miracle0310 @ Nov 2 2021, 12:32 PM) I went to their showroom and they say will be completed by 2024. Not under HDA and after completion leasehold only 83 years left. However SA said defect period will still be 24 months and after completion date 5 years later within 3 months if the property lose its value they will either top up the lose value or they can buy back the property (with after rebate price). Also it comes with almost fully furnished unit but they refused to let me know which brand will they provide for all the furniture. Pros: Pretty good location, reasonable pricing, Segi college is here (good for rental), "value guarantee" given by developerCommercial electricity charge and carpark is 10 years free. after 10 years will start to charge. Their other projects edusentral and edusphere the construction seems slow according to the buyers. So is this property (lakeview) worth to invest? anyone can enlighten me with the pros and cons? Cons: Leasehold, non-HDA (need to be careful with terms in SPA), commercial utility rate, there is an abandoned project nearby Not sure pro or con: Developer (HCK) and Segi College have the same majority shareholder (Tan Sri Clement Hii Chii Kok) |
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Nov 2 2021, 08:49 PM
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#301
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Senior Member
3,648 posts Joined: Jul 2014 |
QUOTE(miracle0310 @ Nov 2 2021, 12:32 PM) I went to their showroom and they say will be completed by 2024. Not under HDA and after completion leasehold only 83 years left. However SA said defect period will still be 24 months and after completion date 5 years later within 3 months if the property lose its value they will either top up the lose value or they can buy back the property (with after rebate price). Also it comes with almost fully furnished unit but they refused to let me know which brand will they provide for all the furniture. Paid booking fees but in the end back out. Full commercial title is a turn off for me.Commercial electricity charge and carpark is 10 years free. after 10 years will start to charge. Their other projects edusentral and edusphere the construction seems slow according to the buyers. So is this property (lakeview) worth to invest? anyone can enlighten me with the pros and cons? |
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Nov 8 2021, 07:48 PM
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Probation
6 posts Joined: Jan 2021 |
Any owner’s group for Lakeview Suites? Just signed SPA 😃
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Nov 11 2021, 09:36 AM
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Junior Member
96 posts Joined: Feb 2021 |
QUOTE(miracle0310 @ Nov 2 2021, 12:32 PM) I went to their showroom and they say will be completed by 2024. Not under HDA and after completion leasehold only 83 years left. However SA said defect period will still be 24 months and after completion date 5 years later within 3 months if the property lose its value they will either top up the lose value or they can buy back the property (with after rebate price). Also it comes with almost fully furnished unit but they refused to let me know which brand will they provide for all the furniture. I was told 2022 Segi will move in. but your info is 2024.Commercial electricity charge and carpark is 10 years free. after 10 years will start to charge. Their other projects edusentral and edusphere the construction seems slow according to the buyers. So is this property (lakeview) worth to invest? anyone can enlighten me with the pros and cons? |
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Nov 13 2021, 11:35 PM
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Newbie
32 posts Joined: Jun 2010 |
QUOTE(mick84 @ Nov 11 2021, 09:36 AM) Segi complete in 2022, lake view complete in 2024. mick84 liked this post
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Jan 18 2022, 12:54 AM
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Probation
1 posts Joined: Jan 2022 |
Hi, I am new here, looking for property for investment. I saw few forumers turned off when they knew it’s commercial title. May I know why? It looks like a good investment property for me because segi is just next to it. Please enlighten. Thank you.
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Jan 18 2022, 10:11 AM
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#306
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Junior Member
340 posts Joined: Sep 2021 |
QUOTE(Ywj @ Jan 18 2022, 12:54 AM) Hi, I am new here, looking for property for investment. I saw few forumers turned off when they knew it’s commercial title. May I know why? It looks like a good investment property for me because segi is just next to it. Please enlighten. Thank you. If you are new to property investment, better to avoid commercial title. Number one reason being it is not protected by housing development act (HDA). Under HDA, the rights of the house buyer is protected. There is a standard SPA format which all developers have to follow. The most important one being developer have to deliver vacant possession within stipulated time and progressive payment have to be in accordance to Schedule H (10% upon signing, 10% upon piling, 15% upon structural etc.). If non-HDA, developers can simply insert clauses that are unfair, for example, developer has the rights to extend the VP delivery date under a long list of circumstances so that buyer will never succeed in claiming liquidated damages when the project delay. Developer can also change the Schedule H above to let's say 50% upon piling, 30% upon structural. So imagine paying 80% of the property price even though developer only do 35% of the work. If developer abandons the project, you will continue paying interests on 80% of the price until god knows when. These two are just examples of things developer can do for non-HDA property SPA and can be a bit extreme. In reality, developer will tweak a lot of the wordings in the SPA which to a layman, might not make much of a difference, but in essence, they are giving away a lot of their rights. When signing a HDA property SPA, can just check personal and property details and blindly initial the other pages. But for non-HDA, if not experienced enough, better engage lawyer to go through it. Other disadvantages of commercial title: 1) Higher utility bills 2) Higher quit rent and assessment rates 3) Max margin of financing is 80% and not able to withdraw EPF. Despite all of these, a lot of the big moneys are made in commercial properties. It is just a different ball game that does not suit the newbies. |
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Mar 12 2022, 06:48 AM
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Probation
4 posts Joined: Mar 2022 |
Is there any chat group for this property?
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Sep 19 2022, 04:21 PM
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Junior Member
27 posts Joined: Sep 2008 |
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Oct 6 2023, 01:01 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space |
Lelong unit check in.
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Oct 6 2023, 10:49 PM
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Senior Member
2,135 posts Joined: Jun 2012 |
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Nov 3 2023, 05:45 PM
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#311
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Junior Member
27 posts Joined: May 2016 |
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Nov 4 2023, 02:50 PM
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Senior Member
2,135 posts Joined: Jun 2012 |
QUOTE(hehs3818 @ Nov 3 2023, 05:45 PM) You may text me to join the Whatsapp group chat. Please note its only for the proud owners of EduMetro hehs, what's the current owners' sentiments about the next door project remix1, any news on that also being revived? Would be good to do so, right now it's very obvious whenever pass by the highway.Sorry not for agents, no soliciting, no for sale / rent, just pure discussion for the good of EduMetro. ![]() |
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Nov 7 2023, 09:05 PM
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Probation
4 posts Joined: Mar 2022 |
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Nov 14 2023, 03:30 PM
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Junior Member
157 posts Joined: Dec 2008 From: Sabah, Kota Kinabalu |
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Jun 24 2024, 09:21 AM
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#315
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Junior Member
52 posts Joined: Oct 2021 |
Hi is there any owner group here, please kindly dm.
Thank you |
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Jun 12 2025, 12:31 PM
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#316
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Senior Member
2,135 posts Joined: Jun 2012 |
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