1) Unique design - with those jungle trekking, special designed park opposite the development.
For people that really enjoy/appreciate nature - yeap, but otherwise not really


2) the very few freehold land left in the area.
got one, but damn pricey


3) Award winning - best residential tower.
it may look and sound great - but its not completed,no surprise if the finish product is a tad bit different? no opportunity to even try-out the facilities yet
*touch wood* if unlucky,once completed with tenant staying - later sini bocor, sana koyak..you never know. I mean, even if developer promise 100% top quality, no way to keep an eye on all the workmanship from sub-con..too earlier to claim "best res. tower" imo


4) Expanding Damansara development attracting more local and foreigners.
BSD gonna be maximized di after that, massive jam every weekday morning(go work)..might be a turn-off to some, but investors will buy and sell, as they always do

I am more than willing to rent if can get RM3000 rental, this translate into > 6% rental yield for early birdies.

Agreed! 36,000 per annual plus capital increasing !
But also depend on that time is it market crisis?!

Ppl/tenant needs a shelter to live even in the bad market.
Economic crisis doesn't stop marriage, new family creation, population growth and inflow of rural ppl to urban looking for jobs.

Can offer lower rent when it happens

Yes, Crisis = Job less, Cut salary, Difficult collect rental, reduce rental rate, difficult to sell.

In terms of residential property, I would think that the apartment/condo/residence with small build-up could be hit first. I would consider those property as higher risk.

A lot of ppl has bought this sort of properties because of the low entry level. Some might not have evaluated whether there is such a need in the market.

But then again, i believe that whatever crisis we are talking should be short-live(maybe 2-3 years) in my opinion.

This post has been edited by GangHo: Jun 7 2014, 10:49 PM

Investment n rental value depends on lots of factors of the project itself as well as vs its competitors catering to the same clientele group. Location, amenities, local demographics, rental n subsale price, demand vs supply etc. Size is only one factor

For foresta, 928 units of 3 rooms family size. So bachelor, single expat, just married couple n those without 3k budget etc are ruled out. Unlikely to be cash flow positive for late buyers. Hopefully at least 50% own stayers upon 1st year of vp. Perhaps can attract more sri damansara residents or their second generation to switch from intermediate terrace to condo with facilities.

Forsee lower value for block A side facing phase 2 as after vp will be staring at the construction n block D facing highway n west sun

Totally agree with you.

It's just that i feel that the supply for small units have been too many and that market might not be able to absorb it. The last time i checked on Scott Garden, it was really empty.

This post has been edited by GangHo: Jun 8 2014, 10:40 PM

Here a closer look to clarify your query...

[attachmentid=4005552]



This post has been edited by Skyvi: Jun 9 2014, 12:43 AM


Attached thumbnail(s)

Thank you, that clears my doubt

Thanks for the picture, looking good

Starting to make way for phase 2 seem?



This post has been edited by Skyvi: Jun 10 2014, 12:23 AM

Block progress update until 7th June:
Block A = 35 floors
Block B = 28 floors
Block C = 12 floors
Block D = 23 floors

1.5 years to go...

So the conclusion there will be glass panels for the balcony, right?

I'm not making conclusion, it is just my view.

I never touch the smaller units.

This is because I feel that there is no so many local rich singles that would purchase those units. This is more to luxury lifestyle.

As for the bigger units, the husband and wife for the sake of the family will fork out the money to purchase a "home". it is a basic need.

This post has been edited by GangHo: Jun 10 2014, 01:05 AM

As obviously shown, yes indeed.

will block a VP first? or Block A,B,C,D VP together?

We have discussed this matter in earlier tread. I would think that the developer has got its own planning but they will not commit any final date at this moment. The most diplomatic answer is," check your S&P agreement"

If the construction is on/ahead of schedule, of course handing over all at the same time would be best. However, nobody will know until the end whether the contractor will complete the works on time. Or they might face problem fulfilling authority requirement.

All blocks sharing the same amenities.
So all will be vp together.

All 4 block together lah...they all share the same access and common properties