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

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CMW123
post May 24 2014, 03:31 PM

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Looks like L&G will launch elements phase 2 faster than Foresta phase 2

Good for foresta phase 1 owners to have longer time for market to absorb the supply if vp is as scheduled at around dec 2015

The big question now is when phase 1 is vp, to what extent will the promised forest facilities be ready and it's quality?
CMW123
post May 24 2014, 10:03 PM

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QUOTE(tangent88 @ May 24 2014, 07:45 PM)
Any sources on the location of the station in sri damansara?
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Rumour damansara avenue lobbying but from the map does not look like it
CMW123
post May 24 2014, 10:37 PM

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QUOTE(accetera @ May 24 2014, 10:03 PM)
As of now, near 8trium.

Waiting to see TA Global can make more magic or not.
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If TA offer to contribute to build the station easily at RM50 million, no problem

Then recover from sale of project...
CMW123
post May 26 2014, 07:09 PM

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QUOTE(GangHo @ May 26 2014, 04:06 PM)
The subsequent phases have smaller podiums. It will be interesting to see how the design going to be.
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Subsequent phases although with smaller podium but also have less towers...hope they will come up with interesting design becoz of its height, foresta is quite visible from 360 degrees
CMW123
post May 30 2014, 01:52 PM

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What i meant was as foresta is so high up, people at lower level from 360 degree around it can see foresta

Driving from sungai buloh to jalan duta on plus highway can see foresta standing high up also
CMW123
post Jun 3 2014, 08:39 PM

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QUOTE(316 @ Jun 3 2014, 01:30 PM)
Hi, i just heard recently from my friend that the owner need to pay Forest Maintenance Fees (around RM300) in future based on the Sales Person. Anyone can confirm on it?
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Already need to pay monthly maintenance fee for the 14xx unit at RM0.25 psf at RM350 still need to pay some more?

How come no such thing mentionbefore we sign S&P?

Is it not developer duty to maintain the forest which is not under the master title of phase 1 as previously represented to the buyers. If it is not common property under the Building & Common Property Act, do they have the legal right to charge?

Let's fight...
CMW123
post Jun 3 2014, 08:40 PM

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QUOTE(fongozic @ Jun 3 2014, 03:37 AM)
[attachmentid=3997416][attachmentid=3997415]

Latest update...
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Block C so slow one...hope it does not affect the common vp target date of dec 2015
CMW123
post Jun 5 2014, 10:15 AM

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From the picture of the scale model at sales gallery, the balcony is definitely glass

How come they change spec...glass is more expensive wor...are they trying to pull a fast on us...

https://www.facebook.com/DamansaraForesta/p...?type=3&theater
CMW123
post Jun 5 2014, 10:18 AM

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QUOTE(nookie188 @ Jun 5 2014, 09:30 AM)
full glass panel is nice as you get a clear view of the surroundings...But maintenance is a pain..
aesthetically it does look better though.
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Not only nicer looking from outside but also looking out from inside. Imagine u sit in your living hall and can look through balcony glass to see forest view (for pool view units lah)...

The bedrooms should also be full glass panel, right?
CMW123
post Jun 6 2014, 10:05 AM

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Only more glass will make the facade looks impressive and it will be a very good advertisement at high ground for subsequent phases

The scale model and show unit shows glass balcony

Hope the developer don't spoil it...
CMW123
post Jun 6 2014, 03:12 PM

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Pls take a look at asking price of Azelia, DA before vp

http://www.iproperty.com.my/property/searc...&rmp=100&sby=ap


CMW123
post Jun 6 2014, 03:19 PM

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Asking rental for the Azelia 3 rooms 1345 sf ranges from RM2800 to RM3200. Can Foresta fetch RM3000 rental after vp??

http://www.iproperty.com.my/property/searc...au=&ns=1&sby=ap
CMW123
post Jun 8 2014, 10:22 AM

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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
CMW123
post Jun 9 2014, 11:20 AM

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QUOTE(Skyvi @ Jun 9 2014, 12:15 AM)
Here a closer look to clarify your query...
Thanks for the picture, looking good rclxms.gif
CMW123
post Jun 10 2014, 01:59 PM

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QUOTE(P_P @ Jun 10 2014, 10:28 AM)
will block a VP first? or Block A,B,C,D VP together?
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All 4 block together lah...they all share the same access and common properties
CMW123
post Jun 10 2014, 02:02 PM

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QUOTE(Skyvi @ Jun 10 2014, 12:17 AM)
Starting to make way for phase 2 seem?

[attachmentid=4007105]
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Master plan showing phase 2

Attached Image
CMW123
post Jun 10 2014, 10:14 PM

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QUOTE(eddychstu @ Jun 10 2014, 10:10 PM)
This is the entire plan for all 4 phases if not wrong
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Yes, total 12 towers. Phase 2 lowest density with 2 towers
CMW123
post Jun 11 2014, 09:18 AM

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At the end of the day, it is upto L&G whether they wish to build up a good reputation to spur the sales of subsequent phases
CMW123
post Jun 11 2014, 09:34 AM

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QUOTE(GangHo @ Jun 11 2014, 09:18 AM)
If you were to calculate the ratio of the podium footprint versus tower size, Phase 2 is not the lowest density.
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For residential land, the authorities control by maximum number of units per acre

For Phase 1, 928 units over about 13 acres so that's about 70 over units per acre

Doubt that the developer will not max max to the maximum units

Maybe Phase 2 will even be higher than the 37 levels of Phase 1 if it's still 8 units per floor to keep the privacy

Not forgetting that Phase 2 land is actually lower than Phase 1

Attached Image
CMW123
post Jun 11 2014, 10:06 AM

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QUOTE(GangHo @ Jun 11 2014, 09:41 AM)
So you are basically saying that phase 2 will be even higher density if the developer keeps 8 units per floor.

They might go for bigger unit(i.e. 2000 sq-ft or bigger). That would help to reduce the density.
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Density is measured by no of units over the size of footprint. Based on below info, total 452 units so not sure about the land size and if its about 50% of phase 1, the density is about the same. Per tower is 226 units. If 226 units over 8 units per floor, that's 28 storey. Plus carpark maybe 3 storey, that would be 31 storey high. But this is duplex so it cannot be (28*2)+4 = 59 storey. So there should be more than 8 units per floor becoz for a 1200 duplex unit, it could be 700 sf lower and 500 sf upper.


The Foresta Phase 2, consisting two condominium towers of 452 units, has a target gross development value of RM500mil. “The units are between 1,200 sq ft (sf) to 2,000 sf and while we have not finalised the selling price as it will be launched a year from now, we’re estimating a range from RM700 per sf.”

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