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Investment DAMANSARA FORESTA (V2) [OWNERS' THREAD], A new development near Desa ParkCity

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GangHo
post Jul 13 2015, 08:45 PM

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QUOTE(1282009 @ Jul 13 2015, 02:33 AM)
I think personal taste. I prefer the bigger size wall tiles smile.gif
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All the more the developer needs to follow what is in the show house.

Because we have all visited the show house and we like what we saw.

They better don't change any specification stated in the Contract.
GangHo
post Jul 16 2015, 11:05 AM

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QUOTE(1282009 @ Jul 16 2015, 05:29 AM)
I thought is 1 of the stairs to go to the carpark levels below?
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According to the layout, this structure is very centralised and right infront of the gymn?
GangHo
post Jul 21 2015, 02:35 PM

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QUOTE(lek_e30 @ Jul 21 2015, 10:47 AM)
after seeing these photos, still unsure the workmanship of foresta. hopefully above average
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Please refer to my post#895, 10th June 2015, page 45
GangHo
post Oct 14 2015, 01:48 PM

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QUOTE(HELLO HELLO @ Oct 14 2015, 01:30 PM)
The main entrance door sibeh small compare to show unit. Macam studio unit door. Jialat.
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I definitely like what I have seen in the showroom and not this toilet.

SA told me the toilet is going to be the same as the showroom. This is a promise, legal statement or SA's personal understanding?

If I don't get what I have been told during the purchase, it's going to be my last unit with L&G.
GangHo
post Dec 19 2015, 08:41 AM

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QUOTE(cheahcw2003 @ Dec 18 2015, 11:49 AM)
L&G is now controlled by Mayland.
Mayland has the tendency of not paying LAD from their history records, and they don't mind you to take actions on them.
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How true is this claim?

Cause it will have bearing for their rating as a developer and lawyer that serves them.

and Housing board should be able to take action on such errant practice.
GangHo
post Dec 20 2015, 06:32 PM

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QUOTE(cheahcw2003 @ Dec 19 2015, 01:30 PM)
From Mayland's records, usually developer form a new company for each development, the SPA is signed in between the newly set up company with the purchasers, so the purchasers can only sue the newly set up company. In the worst scenario, the developer will close down the new company. Nobody can take any action on a company that already close down or bankrupt.

Having said that. For Foresta, it will less likely happens, because the developer still has Phase2,3 and 4 to launch.Project image and reputation is bigger than anything.
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Any party that do not honour what they sign and think that they can go away happily. Will eventually eat the bad fruit that they have planted. What goes around, comes around.
GangHo
post Jan 11 2016, 08:59 AM

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QUOTE(killerfly @ Jan 7 2016, 12:55 PM)
which units would be considered "good unit".. just curious smile.gif
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"Good unit" should fulfill either or all of the followings:-

1) Good view - units facing the pool, forest and park.
2) Away from the noise - not too close to the pool, facilities.
3) Away from mechanical room
4) Higher floor
5) Bigger build up
6) Corner unit
7) Unit with multiple views
8) Warmer unit facing the sun
9) Unit with the level "4" & "x4"
10) Unit with unit number "4" & "x4"
12) Unit close to the rubbish collection area
13) Unit close to the lifts

Above are general views. Situation may differ from one to the other.



GangHo
post May 7 2016, 09:22 AM

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QUOTE(cheahcw2003 @ May 5 2016, 11:27 PM)
if sub sales active means many sub sales buyers interested to buy.
Willing buyer willing sellers.
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Superficial question and answer.

Wish that both sides can be more elaborate.

if xphossis thinks that lots of sub-sales means lots of people are buying for investment purpose rather than own stay and thus the concern. It is not necessary a bad thing if the sub-sales are taken up pretty quickly and price is on the rise. it means people reckon that this is a valuable property. It also means that the property is among the best performing property amidst current poor property market. However if the price is not on the rise, then the performance of this property has to be compared against other development in Klang Valley to know its intrinsic value.

and if xphosis's concern is not as per above, then he needs to clarify. Some more, he mentioned that there are some issues with the Condo. that means more than one issue.
GangHo
post May 12 2016, 02:20 PM

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QUOTE(xphossis @ May 9 2016, 12:27 PM)
Sorry for not making my question clear. It's actually just a curious question because of some rumors I heard.

An agent told me that one of the building tilt a little making owners worried thus selling them on s&p price.

The price psf of foresta is really going down so far.
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I reckon this as irresponsible agent spreading unproven and unsubstantial allegation.

it is not surprising that there are lots of sales going on because lots of people buy for investment purpose especially when the developer offered DIBS scheme and low entry cost.

foresta price started very low, the first phase and last phase differs a lot. Hence, those who bought later feels the pinch when the earlier buyer trying to sell out their unit at a price lower price. Therefore, when it is said that the price is going down, there must be benchmark to compare against.

Furthermore, the overall malaysian property market is not in the upside trend. Hence, it is normal if the price is not going up.
GangHo
post May 12 2016, 09:08 PM

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photo time

My unit has got these beautiful scenes looking from the different windows!

It is no doubt the view from DF is very good.

You can turn it into tasteful living putting in some tasteful furniture and let the beautiful scenes does the rest of talking.

Long balcony to place some outdoor furniture and planting.

And the spacious toilet for those who likes to stay in long hours.

This post has been edited by GangHo: May 12 2016, 09:16 PM


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GangHo
post May 13 2016, 08:36 AM

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QUOTE(nookie188 @ May 12 2016, 10:33 PM)
not too shabby the views..i do like the forest view...

now about that toilet - yes its spacious for sure but practicality is lacking..as far as I know they are better off having a glass standing shower as Malaysians are not like the angmoh who like to soak in the bath wan...maybe one two time just for the fun of it but after that sien liao biggrin.gif
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In the same toilet, there is a dedicated area for standing shower, installing glass is an easy option.

And because of the available space, you can watch TV, listening to music and hence it is not merely soaking in the bath anymore.
GangHo
post May 15 2016, 11:28 PM

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QUOTE(cheahcw2003 @ May 15 2016, 12:02 PM)
very good option...
for corner unit, it is very good for own stay. For rental market, the corner unit does not fetch much rental premium compared to the intermediate units.
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Your statement requires lots of assumption, lots of actual transacted data to be substantiated.

I believe that this conclusion is merely your own opinion and ofcourse you deserve.

This is because I have lots of argument to prove otherwise.
GangHo
post Jun 17 2016, 05:40 PM

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How is the occupancy now?
GangHo
post Jun 18 2016, 09:21 AM

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QUOTE(geolee76 @ Jun 17 2016, 08:03 PM)
why they mus build condo.at so.close to the edgee of hill... so scary
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probably your perspective its not from science and engineering and more bias towards general perception that development at higher ground is no good.

1) its not a single condo but a monolithic BLOCK of condos having a big footprint seating next to the hill
2) The elevation is not that high compared to Bandar Sri Damansara general levels. One does not have drive so high up before reaching the ground level.
3) Surrounding especially its already built-up & reinforced and not natural slope subject to land slide.
4) The driveway is extended from natural formation but the main building is seated far inside.
GangHo
post Jun 18 2016, 09:29 AM

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QUOTE(GravityFi3ld @ Jun 17 2016, 07:07 PM)
can't say for those facing inwards, but from matahari kopitiam night time - not many units occupied , roughly a dozen or so units is lighted up during night
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i would personally feel that those units facing inwards should have more occupied units but would not be differing too much.

in that case, occupancy should be less than 10% now.


GangHo
post Jul 27 2016, 11:40 PM

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as i read thru the treads, i wonder if ppl are aware of the low launching price of the initial blocks. and hence so many motivated sellers when the price went sky high when subsequent blocks are released. i do believe there might be desperate sellers considering the not so good market sentiment but it should be the minority. it does not make financial sense if one were to sell at a loss even when he is financially capable. damansara foresta lies in a strategic location within the greater kl. ppl who sell will regret later for letting go of a freehold property that is getting scarse in the vicinity.
GangHo
post Jul 28 2016, 11:25 PM

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QUOTE(stevencss @ Jul 20 2016, 09:47 PM)
Quality of Foresta already proven to be bad. Some defects like the timber flooring in all bedrooms will not be rectified by Developer as it is too expensive for Developer to redo. You will need to live with the cracking sound of the uneven timber flooring for all the bedrooms. All sorts of other defects as well, too many to name. The contractor in charge of repairing defects told me that the LnG senior management doesn't really care because they have already made profit and don't want to incur any more cost.They hired a few low wage unqualified workers to rectify the defects. I think the backlog is around 200 units plus. Around 100 owners hate the project so much , they sell it at a loss of between 40-100k to date. Just ask any of the agents who are active in the area if this is true. By the way, this post will be taken down soon because you cannot criticize Foresta and LnG like the way you cannot criticize Govt, so quickly post your thoughts.
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do not know where u get your facts. if it is from the agent, i would advise you to double check your facts.

This post has been edited by GangHo: Jul 28 2016, 11:27 PM
GangHo
post Jul 29 2016, 11:33 AM

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QUOTE(stevencss75 @ Jul 29 2016, 09:18 AM)
My facts from previously owning 2 units there and months of dealing with the developer and defect rectification Contractors and management. It's not facts , it was actual experience. You an LnG or Mayland employee?

Reminds me like when people don't acknowledge anything wrong with 1MDB.
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I am one of the owner and in no way link to LnG

Firstly quality is a subjective matter until you compare with a recognised standard. Otherwise, good or poor remain your personal evaluation, .i.e. you could always say that a door quality installed in a normal residential unit to be poor if what you have in mind is a 5 star hotel quality door.

The facts that i was referring were those facts and figures(i.e. loss of owner when letting go their unit) quoted by you in your statement. If those figures are from the agent, i advise you to double check. I do not believe one single person can have the selling records of 100 persons, their profit and loss. Different buyers bought the unit at different period of the project and the range is very big. unless you know all the purchase price and clearly know their selling price, otherwise simply trying to makeout an average, that could be very misleading.
GangHo
post Aug 29 2016, 12:16 PM

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QUOTE(BEANCOUNTER @ Aug 28 2016, 08:19 PM)
How many units vped in total now?

Foresta 4 blocks total around 1000units?
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I fortune tell that damansara areas that are currently weak in public transport will unleash its potential and becoming much much more sought after when the MRT,LRT and other public transport systems are enhanced in this area.

1000 units not an issue.
GangHo
post Sep 22 2016, 04:01 PM

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QUOTE(ANDY66888 @ Sep 22 2016, 12:52 AM)
Honestly, the price of this condominium keep going down, a lot of onwer try to push up byself , they are even  complaints the agent and seller why sell they own unit that lower price......😝😝😝😝
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If you were to check propwall.com , the launch price was 400 psf.

Theoretically speaking, anybody asking for 400psf above is price going up and not going down.

Of course there are people buying the property later at 6xxpsf++

Unless you have all the detail info about who is selling, such statement is not responsible statement.

This post has been edited by GangHo: Sep 22 2016, 06:02 PM

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