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Investment RICA RESIDENCE @ SENTUL [OWNERS' THREAD], 200m walk to Sentul West MRT Station
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gks
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Jan 20 2017, 12:58 PM
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QUOTE(kenlaw72 @ Jan 20 2017, 12:31 PM) units location play important roles on selling price. klcc view and park view also get better price compare to other units. Precisely In RICA, those units facing flyover also facing the sentul park. Btw in between Rica and flyover there is 6/7storeys shoplots which can act as sound barrier especially low floor units
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gks
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Jan 22 2017, 07:01 PM
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SPSetia in Sentul?
Didn't see any material announcement of their sentul land in Bursa Malaysia.
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gks
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Jan 23 2017, 05:20 PM
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QUOTE(podracerx1 @ Jan 23 2017, 05:00 PM) Unlike investors, own stayers won't offload or rent out soon after VP. How much has property near MRT 1 stations has appreciated or how much premium rental could fetch? Regardless whether for investment or own occupied, the most important parameter is occupancy rate and rental liquidity. The ratio of investors versus own stay might be unbalance however my observation usually properties within waking distance to public transport will be very high demand in tenancy. Another observation with own stayers usually they take sweet time to consider the purchase. Have proper consideration is a good discipline however they may lost a of opportunities along the way. Usually inexperience own stayers will prefer to buy subsale as they prefer to feel and see what they will get and sometimes they couldn't visualize the whole development as well as experienced investors do.
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gks
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Jan 23 2017, 05:55 PM
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QUOTE(aaron1717 @ Jan 23 2017, 05:40 PM) but new buyers nowadays.... will prefer new development mainly due to discounts and freebies which subsales cant offer... generally they rather take the risk.... but yea.... usually very cautious until they lose the chance to choose a better unit.... keep considering this and that.... As a prospect buyers how would you know the profile of majority buyers whether own stayers or investors? Or podracerx1 conclude based on location, product and proximity to MRT? Also usually own stayers couldn't wait that long for the property to be completed. 4 years is a very long time to wait and you may get married, relocated to somewhere else, have few kids and that property may no longer fit the needs.
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gks
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Jan 24 2017, 05:35 PM
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You can read PROPCAFE review.
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gks
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Jan 25 2017, 10:16 PM
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QUOTE(icemanfx @ Jan 25 2017, 11:40 AM) If property investment is such a certainty, there should be more than 3% of adults in this country have over US$100k net worth. Buying new launch is not dissimilar to forward contract on stock/warrant, commodity, currency, etc. Property price movement depends on aggregate economy, market liquidity (bank lending), inflation, bank interest rate, market sentiment, etc. Many people deem forward contract on stocks, commodity, forex, etc risky but forward contract is generally shorter term and more liquidity than property new launch. I hate to say this but when some body being too rhetoric, they need to ask and evaluate their past track records to see how well their portfolio has performed. If you think you can influence forumners of the LYN, you can't because you never show your portfolio ie walk your talk or put the money where your mouth is. I hope in 5-10 years time you will never regret these days where you talk too much and yet no action (i assume so from your tone of postings). Good luck.
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gks
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Jan 25 2017, 11:01 PM
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QUOTE(icemanfx @ Jan 25 2017, 10:50 PM) With so many dibs units vp within this 2 years, liquidity tightening and current market sentiment likely to persists, why need to buy now? If you want to discuss about general property market, you can open a thread to discuss about it, not in project specific thread. However reference to your points above, there are always two sides of a coin. It is easy to follow market sentiment however it take a shrewd investor which take a deep breath, analyse and fully make use of the market sentiment. You can mark down today date and 5 years down the road, you can reflect on your track record and achievement. who knows... your money in FD will be better off than investing anything. Anyway as what one forumner said... we put money where our mouth is. And you should as well. Cheers.
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gks
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Jan 25 2017, 11:49 PM
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icemanfx you have to be thankful to BNM for implement measures such as DIBS, LTV70, DSR based on nett income etc otherwise the property prices will be even escalated even much higher than today's level.
i rather give my focus on hunting a good property deal, plan as well as stress my financial situation rather than involved in rhetoric market timing which not within my control. Not try to influence anyone here as everybody has their own strategy but to time the market IMO... is always not the wise strategy as always involved luck and you need to have a lot of cash to make it worthwhile to seize opportunity during downturn.
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gks
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Jan 31 2017, 08:50 PM
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My experience in buying condos... The building schedule in SPA is not exhaustive and not elaborate even with reputable developer such as SPSetia.
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gks
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Feb 5 2017, 03:31 PM
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Hm. For those who still interested in this project may switch to other type or go for higher level type A1 with covered carpark.
Personally, the developer should upgrade that part to be at least partially covered on the bay and walkway. IMO.. it didn't cost much and for rm600psf product, it is not justified for open carpark.
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gks
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Feb 12 2017, 10:11 PM
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QUOTE(David_77 @ Feb 12 2017, 10:06 PM) Didn't check but if A1 is as hot as agents said, then maybe won't do A1. Most probably 2 bedrooms and 3 bedrooms, so to push sales? Was told it is C1 or C2 type.
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gks
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Feb 23 2017, 09:20 AM
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Some earlier press mentioned that the circle line will cover area such as Mont Kiara, Dutamas, Sentul etc.. It will be interesting to see whether any station proposed in sentul west and linked with this MRT2 station.
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gks
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Feb 23 2017, 10:41 AM
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QUOTE(JChoo @ Feb 23 2017, 10:34 AM) If MRT3 is located here, why is there a need for another station? shouldn't it share the same station and concourse? and same ingress / egress? The alignment for MRT2 and circle line might be different therefore require different ingress/egress. However both stations may share common concourse for the free flow line changing.
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gks
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Feb 28 2017, 09:11 PM
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QUOTE(propertybbb @ Feb 28 2017, 08:45 PM) Tod..wow. seems like rica is must bbb proj. This MRT3 is like free warrant attached to Rica.. if it come good...Take it as nice bonus... Otherwise buyers better do not simply buy due to speculation.
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gks
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Feb 28 2017, 10:22 PM
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QUOTE(Estee_Lauder @ Feb 28 2017, 09:50 PM) Bought a sub sales condo 1 station before rica's station. But its 50m walking distance ( opposite road) and 370psf only. 950sf 350k. For me its a better buy than this. Congrats on your good deal. Allow my sharing Rica is hedged on 4 years construction period where by the time of VP the MRT is almost completed (at least major construction work) and if both schedule are not delayed, about 1.5years for full operation. For the subsale there are plenty of great deal now however for those existing condos along Jalan Ipoh it will exposed to traffic, noise, dust pollution during the tenure of MRT construction especially the elevated part (means before sentul west station). Also tenants and own stay purchasers will avoid the place as it is not so conducive for staying. However for investors they can find many bargain buys and provided they have holding power, they will reap the benefits when the MRT completed. My 2 cents.
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gks
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Mar 1 2017, 10:35 AM
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QUOTE(mroys@lyn @ Mar 1 2017, 09:15 AM) ar you from propcafe?  Only people from Propcafe can come out with this observation?
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gks
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Mar 30 2017, 12:03 AM
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QUOTE(mthc @ Mar 29 2017, 09:01 PM) For type A1... The highest floor@39th is selling at RM449k corner unit before any rebate. At 35th floor... The Nett price should be rm410k. Then again I guess mthc argument is add 20% but can get TR@750sqft at superior location.
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gks
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Mar 30 2017, 09:03 AM
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QUOTE(mthc @ Mar 30 2017, 12:14 AM) That's why.. my nett price really gg in rica that's why I bail out. 4xx ady not 3xx. 😥 TR nett 4xx also but it's a fake 4xx la cuz 499K 😂 Your Nett price rm430k cannot be right. Even at maximum ceiling price rm449k, nett price is much lower than rm430k. Then again let's move on. There are obvious pro and cons in both projects.
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gks
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Apr 3 2017, 09:39 AM
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catch no balls the analogy... if you think it is a shit, why you booked it at first place?
and... probably half of the posting here sing song belongs to mthc, heavensea and askarperang. For small condo like this Rica can hit 100 pages posting considered as gengchow already.
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gks
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Apr 3 2017, 10:03 AM
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QUOTE(mthc @ Apr 3 2017, 09:48 AM) Not saying this rica is shit but I'm giving that one hella big taikor an example that you can't be stepping on shit if you see one. I'm sorry if you take this as shit lol What you saying is not relevant to me. But I am amuse you change your stand faster than you change your underwear I guess. No offense ya. Cheers.
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