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

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cheahcw2003
post May 26 2014, 07:04 AM

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QUOTE(tangent88 @ May 24 2014, 10:28 PM)
I will say the station may not near to 8trium n avenue. I'm predict the station will be at the opposite of the road which near the Sri damansara factory area. (plot of land at the used car or furniture shop or the shop sell plant/gardening)
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This is what I m being told as well
cheahcw2003
post May 26 2014, 10:09 AM

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QUOTE(tangent88 @ May 26 2014, 09:25 AM)
let see wat will be the coming announcement by Govt, but actually there is no difference for foresta important is there will a station in sri damansara. icon_rolleyes.gif
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Foresta is not a "mrt property" and it doesn't leverage on it to sell. It's more like the icing of the cake.
cheahcw2003
post May 30 2014, 10:30 AM

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QUOTE(CMW123 @ May 26 2014, 07:09 PM)
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
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Inside the unit can't have 360 degree view.
But the roof top garden on each block possible!
cheahcw2003
post Jun 7 2014, 02:02 PM

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QUOTE(CMW123 @ Jun 6 2014, 03:19 PM)
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
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I am more than willing to rent if can get RM3000 rental, this translate into > 6% rental yield for early birdies.
cheahcw2003
post Jun 7 2014, 05:24 PM

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QUOTE(stevecheahsw @ Jun 7 2014, 05:07 PM)
Agreed! 36,000 per annual plus capital increasing !
But also depend on that time is it market crisis?!
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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
cheahcw2003
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 blocks sharing the same amenities.
So all will be vp together.
cheahcw2003
post Jun 11 2014, 09:40 AM

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QUOTE(Skyvi @ Jun 11 2014, 01:42 AM)
Block A & B definitely will be hand over at same time since S&P is signed on same timing too. Block C or D might be later though, as developer would like to avoid LAD, they will hang over even when common facilities not yet complete provided road access & car park is done. Others area to be continue for touch up...just my 2cents.
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Technically developer got 1 APDL for the entire phase 1, APDL = advertising permit and developing licence. This licence starts on the same day and will be ended on the same day, when developer submit for vacant possession they need to make sure all units are ready as 1 development. The authority will access the entire development in one go when approving the vp, not block by block.

If block A and B handovered to home purchasers without the common facilities ready like swimming pool, gym, landscaping, playground, car parks (which all 4 blocks sharing the same building but different floor), then purchasers can file complains to the tribunal on the above matter. The amount safe on LAD is insignificant compared to pay the compensation imposed by tribunal.

Furthermore vp can't be obtained if block C and D still under construction due to safety reasons. This development is under Schedule H, unlike those under commercial title like ED, ES where vped given without common facilities ready.

My 2 cents
cheahcw2003
post Jun 12 2014, 10:40 PM

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QUOTE(GravityFi3ld @ Jun 12 2014, 09:51 PM)
don't think there's much that can be done, unless foresta residences get private access road that maybe link to d'sara perdana
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The link is in behind The Airie. The access is only for the contractors of Rafflesia + Emergency Exit for Rafflesia residents. Not open for public..
cheahcw2003
post Jun 13 2014, 11:54 AM

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QUOTE(Skyvi @ Jun 13 2014, 05:48 AM)
Didn't it serve as emergency exit for Foresta resident too? blink.gif
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The access is right behind The Airie, and quite a distance to D Foresta.
Moreover, the land/ access belongs to MK Land, they have the final say.
cheahcw2003
post Jun 18 2014, 02:35 PM

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QUOTE(Skyvi @ Jun 18 2014, 01:00 AM)
Your unit facing east? Planning for own stay or investment? How many units left during your booking?  biggrin.gif
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Based on the recent kpkt report, it's 95% sold
cheahcw2003
post Jun 18 2014, 10:09 PM

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QUOTE(CMW123 @ Jun 18 2014, 02:54 PM)
5% unsold is still talking about 46 units  smile.gif
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The report update every quarterly, i guess the number was ended 31 March 2014
cheahcw2003
post Jun 18 2014, 10:12 PM

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QUOTE(kochin @ Jun 18 2014, 03:01 PM)
tumpang lalu.
did not read in detail but if you guys are talking about potential access from DP to SD, it's actually technically very possible and quite easy to do.
but the powers to be would of course forbid such move.
do you guys have any slightest idea the revenue per day the tol at this location is generating?
am pretty sure they would not welcome such idea.
assuming if DF is keen and willing to pay.
any idea to compensation amount.
we always receive report that to abolish tol costs the government hundreds of millions.
this is not including construction cost and easement rights and land acquisition somemore.
kekeke.

possible but unlikely lor.
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Kochin taikor, don't take it too serious, DF and BSD just dreaming to by pass the LDP.
It will never happen if the same shit ppl managing the country.
cheahcw2003
post Jun 19 2014, 11:29 AM

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QUOTE(Eni chai @ Jun 19 2014, 08:16 AM)
Block D facing west with sunset view...yeah!!! tongue.gif  tongue.gif
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This is the best can get, if one want to buy direct from developer.
Sub sales market will have plenty to choose from but need to wait until vp.
cheahcw2003
post Jun 19 2014, 11:48 AM

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QUOTE(CMW123 @ Jun 19 2014, 11:42 AM)
No need to prioritise...but SD owners also paid their quit rent and assessment, the local majlis should allocate a budget to do it

Is this u turn within the area of LDP or outside LDP? If within LDP then LDP should do it

By just improving this one u turn, believe that the quality of life of many people will improve lah... tongue.gif
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Thousand miles starts from a single step.
First of all, the current residents like Residents Associations, and JMB need to lodge a complain to the master developer in SD (Land and General), then can write in to the Member of Parliament/ State Assembly representative.
This is one of the suggestions.

Actions speak better than words.
cheahcw2003
post Jun 25 2014, 07:42 PM

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QUOTE(GangHo @ Jun 25 2014, 05:44 PM)
In recent MASPEX 2014 exhibition organised by the Malaysian Institute of Estate Agents (MIEA), President of MIEA, is of the opinion that generally there is optimistic outlook on property market(refer link below)

http://www.iproperty.com.my/news/8742/an-optimistic-outlook

However, he has pointed out below:-

"Residential properties will be, expectedly, the main driver behind the continued growth of the industry while the oversupply of condominiums and high-rise properties will result in the consolidation of that particular property type."

What is your opinion as far as Foresta is concerned? Do you think that condos and high rise properties in the area are oversupplied?
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DF is basically for family judging from the size and absolute price, and those who likes to live next to the natural forest.

The oversupply of highrises may apply on certain area such as Mont Kiara, or cyberjaya. PJ/ Dsara do not have many new launches of late.

cheahcw2003
post Jul 1 2014, 12:00 PM

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QUOTE(1282009 @ Jul 1 2014, 01:47 AM)
Me too today wink.gif
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Under Dibs, developer will take care of it.
cheahcw2003
post Jul 4 2014, 10:34 PM

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QUOTE(xkah @ Jul 4 2014, 06:19 PM)
Yeah, that's what I thought as well. I really hope it doesn't become an area that traps water/dirt/rubbish.

Another long shot question, can 8th floor owners put an awning and claim that area? Just wondering.
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Based on the experience in Surian Condo, the open area that u highlighted was sold by the developer to the owner that next to the empty space on 20% of the psf, the developer also charge 50% maintenance fees on the open area, thus the space is usable for the resident that next to it.

U may apply to the management office/ or later JMB to seek approval to use the space.
cheahcw2003
post Jul 13 2014, 11:30 PM

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QUOTE(n_minie @ Jul 13 2014, 11:27 PM)
M already seeing it now. I live at the back of foresta and its very steep. Foundation does not look solid to hold 40 over stories. Drive around foresta. See from the housing area and you will understand where I m coming from.
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Pls read the Version 1, and understand what is the Slope Class 1,2,3, and 4, before you throw your comment.
We had discussed this issues many x 2 times.
cheahcw2003
post Jul 15 2014, 11:01 AM

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QUOTE(n_minie @ Jul 15 2014, 09:37 AM)
I am new to foresta thread n I believe its too late to read 100 over pages just to find n understand what is slope class 1 , 2 ,3 n whatsoever. Pls enlighten me as as my friends who visited me has the same concern as well.
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There are few research paper on the hillside development which you can google it, this is some of those i found online.
Guideline for Hill Side Development

Class 1 - for slope of less than 15 degrees
Class 2 - for slope of 15-25 degrees
Class 3 - slope in between 25-35 degree
Class 4 - slope with > 35 degrees.

In Malaysia, class 4 hillside development is banned, class 3 is allowed with very strict monitoring from 12 departments involvements. Class 1-2 are allowed for developments.

The 42 acres of development land in D Foresta could be divided into 4 classes depending on the slope, Class 3 and 4 slopes (21 acres of them) are kept as it is as natural forest, it is important to keep it as the forest hold the rain waters and prevent landslides during the rainy seasons.

whereas the remaining 21 acres of land are class 1 (80%) and class 2 which is good for development.
cheahcw2003
post Jul 17 2014, 05:35 PM

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QUOTE(Uniseen @ Jul 17 2014, 05:26 PM)
Bro. I have tried to nego but in vain!
Developer just said no & no.. really tired to talk to them!
Now just wait and see what next from them! shakehead.gif  mad.gif  cry.gif
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If I were u I won't sign unless they give me 3 car parks instead of 2. It's their mistake anyway.
You don't have to sign the letter, let them kan Cheong.

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