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Investment LOT 15 @ SUBANG JAYA CITY CENTRE, The upscale living in Subang Jaya

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BEANCOUNTER
post Sep 7 2018, 01:14 AM

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QUOTE(holypredator @ Sep 6 2018, 08:01 PM)
. Don't forget bukit bintang city centre project which is built on Pudu jail, that shit is >RM1,000 psf
That shit is rm1700 average psf net net net......

You will love it bcos it comes almost fully fitted w marble flooring and full tile for bathroom and it also come w european appliances and all lightinga. Grand entrance two pools and host of other facilities. I just loving it.

By the way

Price is what you pay

Value is what you get.

The ironic is IF lot15 priced say 750psf it will be sold out within 3 hours. Even i will blind by the price and wont see the tnb station. And you too wont be able to get the piece of action.

This post has been edited by BEANCOUNTER: Sep 7 2018, 01:15 AM
deed
post Sep 7 2018, 08:26 AM

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QUOTE(holypredator @ Sep 6 2018, 10:47 PM)
Obviously. I'm not a full time property investor, I can't be going around exploring properties physically. I can only depend on reviews from the net. However, I did went to sites and galleries for quite a few properties and Lot 15 was surprisingly one of them when I dropped by subang.

I think many people mistaken my argument. I'm not trying to say Subang Jaya is bad or anything (not the best choice for me at least). What I am trying to say is Lot 15 is severely overpriced with little to offer. I'm not trying to prove Bukit Jalil or Damansara Avenue is more superior in terms of locality (If anything I would say all are pretty much equal to me) Many people still can't seem to defend that point apart from saying it is in Subang. CASA TIARA also in Subang ... right next to Lot 15 some more  shakehead.gif

Let me put it this way, Lot 15 does not come with any furnishing while it is priced at RM900-1000 psf (net after rebate). Many high end, even as far as it being branded "Luxury" project that is >RM1,000 psf actually comes fully fitted or the very least partially fitted. Pavilion Hilltop @ Mont Kiara for example is priced at RM1000+ psf average net. However it is fully fitted with quality branded

: Air Conditioning
: Refridgerator
: Hot Water System
: Built in Kitchen cabinet (top & bottom)
: Hood & Hob
: Microwave Oven
: Island Top dry & wet kitchen
Try adding all those up and you are pretty much seeing Lot 15's value. Basically, Lot 15 is equivalent to many luxury project when you take all this into factor (No furnishing, no added value and little facility). This is also considering that Lot 15 rebates are limited time only. The RM10k + 1% is up till 1 sept 2018, if Sime kept their word that it is a limited time promotion, the project is actually more toward RM950 - RM1000+ price range (I saw Sime just took off those rebates just now and it seems that they are giving only the 6% rebate + kitchen cabinet as an ongoing promotion on their site, wonder if they really did took off those rebates cause ads still showing RM10k + 7%).

In Summary, if you work it backwards and include all the other stuff into your pricing factor, Lot 15 is the same range as many "luxury" serviced apartment at prime areas excl KLCC area.
*
Bro why make it so complex.
Have u already book Lot 15 and expecting that SDP to be more generous in furnishing offering or amend the facilities?
Or do you want to promote other project instead of Lot 15?
Or are u in dilemma that you already book / bought other project instead of Lot 15?
Or are you saying that SDP Sales Department did not do their job properly in pricing Lot 15?
Do u work in the property valuation sector or doing research in property valuation?

If not guess all that you saying is just personal opinion that should be taken with pinch of salt. Cause u kept saying severely overpriced la, no equal value lah without providing technical and finance proposition. At the end of the day it is free market property project unlike those affordable / subsidized scheme property project jor.
rclxub.gif rclxub.gif rclxub.gif
Babizz
post Sep 7 2018, 08:34 AM

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QUOTE(holypredator @ Sep 6 2018, 06:01 AM)
Are you sure you've done your research cause the places you've listed are pretty much surrounding KLCC and I've look at quite a few of them because I wanted to buy around there.

Example of projects

The Colony, Chow Kit - 705sqf - from RM1,050,000 (>RM1,500 psf)
Pudu - Continew (as mentioned earlier countless time, it is located in front of a ghetto looking slump but price ... >RM850 psf)..... Don't forget bukit bintang city centre project which is built on Pudu jail, that shit is >RM1,000 psf

The list goes on and on.... so "when I add" those... it just further strengthen my points

Sentul west is of course near, from the middle it is >10km and like I said, Sentul is due to historical reasons as per the articles I pasted earlier.
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like most newbies you're only capable of looking at new projects and fail to compare transacted units in the subsale market. please name me any condo surrounding colony in chowkit that has transacted at even a discount of 30% to colony.

I can bet that many of these highly acclaimed condos of yours will depreciate upon VP.

Ultimately I don't understand your beef with Subang Jaya. average transacted prices in the area are far higher than many of your chowkit pudu etc.

I'm still trying to identify your above 10km parts of sentul. please NAME it to me.


Babizz
post Sep 7 2018, 08:40 AM

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with the August promotion, lot15 is priced BELOW or AROUND the closest comparable namely Isola Subang Jaya.
holypredator
post Sep 7 2018, 08:34 PM

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This post has been edited by holypredator: Sep 8 2018, 12:49 AM
holypredator
post Sep 8 2018, 12:49 AM

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Dear property Sifus,

Just want you guys opinion on this. Both Lot 15 tower A and Pavilion bukit jalil Park 2 Tower 2, same floor level and same pricing, which would you pick?

Lot 15
861 sqf corner unit
No extra furnishing apart from kitchen cabinet voucher
3 lifts servicing 188 units (Average serving 63 units per lift)
2 parking lots

Park 2
933 sqf
Aircond, top hung & base cabinet, cooker hob & hood, refrigerator, washing machine cum dryer, hot water heater unit (master bedroom only)
7 lifts servicing 324 units (Average serving 46 units per lift)
1 parking lot

Considering both situated at same floor level and the pricing is the same net after full rebate (I shit you not, I managed to get my agent to find a near identical pricing for these 2 projects within same floor level by playing around with rebates, the Prime discount etc.)

Factors that you may want to talk about include location/facilities/amnesties etc.

Which would you pick and why?

Babizz
post Sep 8 2018, 06:41 AM

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QUOTE(holypredator @ Sep 7 2018, 10:49 AM)
Dear property Sifus,

Just want you guys opinion on this. Both Lot 15 tower A and Pavilion bukit jalil Park 2 Tower 2, same floor level and same pricing, which would you pick?

Lot 15
861 sqf corner unit
No extra furnishing apart from kitchen cabinet voucher
3 lifts servicing 188 units (Average serving 63 units per lift)
2 parking lots

Park 2
933 sqf
Aircond, top hung & base cabinet, cooker hob & hood, refrigerator, washing machine cum dryer, hot water heater unit (master bedroom only)
7 lifts servicing 324 units (Average serving 46 units per lift)
1 parking lot

Considering both situated at same floor level and the pricing is the same net after full rebate (I shit you not, I managed to get my agent to find a near identical pricing for these 2 projects within same floor level by playing around with rebates, the Prime discount etc.)

Factors that you may want to talk about include location/facilities/amnesties etc.

Which would you pick and why?
*
It doesnt matter cos you HATE Lot15 to the max and want to make a point. Both are in totally different locations. 1cp vs 2cp is MORE important than your small difference in lift density. 361 units vs 709 units. diff highways, distance to lrt etc. Ratio of total condos undercon/completed in BJ vs Suban jaya. Being connected to a potentially good mall vs existing good malls about a few hundred metres away.
BEANCOUNTER
post Sep 8 2018, 09:13 AM

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Is buying properties now just base on these 4 factors?

Size
Lift
Carpark
Furnishing

Other factors less or not important?

The thing is you just pick and choose what factors that are more important to you or factors that make one of the fwo ptojects looks bad.

And ONE MAJOR FACTOR (OR TWO) you didnt mention. That are

1. Queen says
2. Emotional decision.


To be honest i pick neither.

This post has been edited by BEANCOUNTER: Sep 8 2018, 09:15 AM
holypredator
post Sep 8 2018, 10:39 AM

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QUOTE(Babizz @ Sep 8 2018, 06:41 AM)
It doesnt matter cos you HATE Lot15 to the max and want to make a point. Both are in totally different locations. 1cp vs 2cp is MORE important than your small difference in lift density. 361 units vs 709 units. diff highways, distance to lrt etc. Ratio of total condos undercon/completed in BJ vs Suban jaya. Being connected to a potentially good mall vs existing good malls about a few hundred metres away.
*
I did not hate Lot 15, In fact I've defended Lot 15 a lot of times when people argued about the TnB. I am perfectly neutral and just wanted to know if a person had a choice between projects, which will be more preferred.

There are of course a ton of factors when it comes to buying property, however, I can only point out the obvious ones (the ones that are at least considered critical when it comes to buying new projects). The few points that I've highlighted is just a starting hence my intention is if a person were to choose either, I want to know the reasons. From the outlook obviously park 2 seems more like a good deal, however I want to know what others think.

Again, I am not getting either projects cause I am set on KLCC but knowing peoples buying decision could open up my own and to look at angle I've not look before.
holypredator
post Sep 8 2018, 10:42 AM

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QUOTE(BEANCOUNTER @ Sep 8 2018, 09:13 AM)
Is buying properties now just base on these 4 factors?

Size
Lift
Carpark
Furnishing

Other factors less or not important?

The thing is you just pick and choose what factors that are more important to you or factors that make one of the fwo ptojects looks bad.

And ONE MAJOR FACTOR (OR TWO) you didnt mention. That are

1. Queen says
2. Emotional decision.
To be honest i pick neither.
*
Did you even read my post? i've said "Factors that you may want to talk about include location/facilities/amnesties etc.". I can't list out everything, I only can list the things that are obvious, practical and value. Those items said are not subjective and it is about value. The other factors are towards subjective assumption already like Location, Amenities etc.
aaron1717
post Sep 8 2018, 11:34 AM

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QUOTE(holypredator @ Sep 8 2018, 12:49 AM)
Dear property Sifus,

Just want you guys opinion on this. Both Lot 15 tower A and Pavilion bukit jalil Park 2 Tower 2, same floor level and same pricing, which would you pick?

Lot 15
861 sqf corner unit
No extra furnishing apart from kitchen cabinet voucher
3 lifts servicing 188 units (Average serving 63 units per lift)
2 parking lots

Park 2
933 sqf
Aircond, top hung & base cabinet, cooker hob & hood, refrigerator, washing machine cum dryer, hot water heater unit (master bedroom only)
7 lifts servicing 324 units (Average serving 46 units per lift)
1 parking lot

Considering both situated at same floor level and the pricing is the same net after full rebate (I shit you not, I managed to get my agent to find a near identical pricing for these 2 projects within same floor level by playing around with rebates, the Prime discount etc.)

Factors that you may want to talk about include location/facilities/amnesties etc.

Which would you pick and why?
*
Lot 15.... location speaks the most... its subang jaya CBD... self sustaining township.... Bukit jalil... well... just another full of residential township with stadium + a brand new mall... around lot 15... i think within walking distance + super short driving distance... u are near to everything already... the semi furnishing that pavillion give is to compensate their pricing + location disadvantage + and the higher density.... size... 866 vs 933... really not significant... most important is the layout arrangement...

other than the mall... which i dont think will offer you any affordable daily necessities... u may have to go to sri petaling to get it... nearby pavilion also dont have much practical ordinary shoplots... or closer to earth grocery mall...
holypredator
post Sep 8 2018, 11:54 AM

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QUOTE(aaron1717 @ Sep 8 2018, 11:34 AM)
Lot 15.... location speaks the most... its subang jaya CBD... self sustaining township.... Bukit jalil... well... just another full of residential township with stadium + a brand new mall... around lot 15... i think within walking distance + super short driving distance... u are near to everything already... the semi furnishing that pavillion give is to compensate their pricing + location disadvantage + and the higher density.... size... 866 vs 933... really not significant... most important is the layout arrangement...

other than the mall... which i dont think will offer you any affordable daily necessities... u may have to go to sri petaling to get it... nearby pavilion also dont have much practical ordinary shoplots... or closer to earth grocery mall...
*
thumbsup.gif thumbsup.gif

You are the first I've seen after so long that actually gives a proper reasoning and explanation.

This post has been edited by holypredator: Sep 8 2018, 11:55 AM
BEANCOUNTER
post Sep 8 2018, 12:02 PM

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QUOTE(holypredator @ Sep 8 2018, 10:42 AM)
Did you even read my post? i've said "Factors that you may want to talk about include location/facilities/amnesties etc.". I can't list out everything, I only can list the things that are obvious, practical and value. Those items said are not subjective and it is about value. The other factors are towards subjective assumption already like Location, Amenities etc.
*
I dun even know how yr process of look for properties.

Maybe you are on high level intel side.

When i look for property i liook for location. Where u wnat to stay and its surrounding.

You have wife and kids? Do their opinion or daily routine matter? How about landed? Subsale old landed beside highrise? Beside lot 15 what are other projects around? Panaroma? Serene? Highpark? Paradigm? Ara damansara? Lembah subang? Subang wannabe aka bati tiga?

Why yiu dun compare all these except you pick one at kl address?

Buying property is not a beauty contest. See which property prettier.
holypredator
post Sep 8 2018, 06:12 PM

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QUOTE(BEANCOUNTER @ Sep 8 2018, 12:02 PM)
I dun even know how yr process of look for properties.

Maybe you are on high level intel side.

When i look for property i liook for location. Where u wnat to stay and its surrounding.

You have wife and kids? Do their opinion or daily routine matter? How about landed? Subsale old landed beside highrise? Beside lot 15 what are other projects around? Panaroma? Serene? Highpark? Paradigm? Ara damansara? Lembah subang? Subang wannabe aka bati tiga?

Why yiu dun compare all these except you pick one at kl address?

Buying property is not a beauty contest. See which property prettier.
*
If that is the case, you there is no difference between Casa Tiara and Lot 15 to you then? Might as well just buy Casa Tiara lo? I don't know what project you actually look at but whatever it is there is definitely a low end version of it next door, hence might as well get that lo?

Like I said, everything else is subjective. The only valid argument is the price/value/project offering stand point. You might think a location is good for you but others don't. For example if someone work in Klang, obviously that person would prefer to buy a property in Klang than in KLCC.

If you look at my previous posts, I tried very hard to refrain from talking about locality hence my focal point on Lot 15 is about the price vs the offerings. Obviously location affects the price a lot hence I can't avoid rebutting those who constantly argued "because it is in subang" which is why I brought up example of equally prime area (In my opinion at least) as comparison. You don't see me bringing out Klang as a comparison do you cause if that is the case, you will be getting a shit ton of value for less than RM600psf. Bukit Jalil, Subang Jaya, PJ, Bangsar south to me is almost equal in terms of locality value. Some might even say PJ and Bangsar south worth more than Subang and if that is the case, Lot 15 is on the losing end then cause its price is similar to bangsar south project PSF especially when you factor in that they gave no furnishing and also minimal facilities.


BEANCOUNTER
post Sep 8 2018, 08:36 PM

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QUOTE(holypredator @ Sep 8 2018, 06:12 PM)
If that is the case, you there is no difference between Casa Tiara and Lot 15 to you then? Might as well just buy Casa Tiara lo? I don't know what project you actually look at but whatever it is there is definitely a low end version of it next door, hence might as well get that lo?

Like I said, everything else is subjective. The only valid argument is the price/value/project offering stand point. You might think a location is good for you but others don't. For example if someone work in Klang, obviously that person would prefer to buy a property in Klang than in KLCC.

If you look at my previous posts, I tried very hard to refrain from talking about locality hence my focal point on Lot 15 is about the price vs the offerings. Obviously location affects the price a lot hence I can't avoid rebutting those who constantly argued "because it is in subang" which is why I brought up example of equally prime area (In my opinion at least) as comparison. You don't see me bringing out Klang as a comparison do you cause if that is the case, you will be getting a shit ton of value for less than RM600psf. Bukit Jalil, Subang Jaya, PJ, Bangsar south to me is almost equal in terms of locality value. Some might even say PJ and Bangsar south worth more than Subang and if that is the case, Lot 15 is on the losing end then cause its price is similar to bangsar south project PSF especially when you factor in that they gave no furnishing and also minimal facilities.
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You berri funny lah.

If lot15 is not comparable, then dun compare lot 15 lah...
Pick one of the same size and power....why harsh on btw lot 15 vs bj?

Sdp can price to whatever they like. Ultimately if you as potentiam buyer dont see the value, then strike out loh...
holypredator
post Sep 8 2018, 08:52 PM

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QUOTE(BEANCOUNTER @ Sep 8 2018, 08:36 PM)
You berri funny lah.

If lot15 is not comparable, then dun compare lot 15 lah...
Pick one of the same size and power....why harsh on btw lot 15 vs bj?

Sdp can price to whatever they like. Ultimately if you as potentiam buyer dont see the value, then strike out loh...
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What are you talking about not comparable?

Because these 2 are considered almost similar in terms of pricing (and also the only ones that I've actually done research on). Tried to compare it with Ativo but people kept saying Damansara Avenue got nothing so use BJ pavilion instead lo.

Yea SDP can price whatever they like same goes to any developer. I also can critique however I want brows.gif. I would be damned if everyone thinks how forum works like you. If everyone in forum reply with "Tak suka keluar", then I guess the forum is a useless place to even get any useful info anymore. I'm keeping it alive by actually contributing... sharing views and also backed it up with sources not just simply "Because it is subang" type of replies. Hopefully I can help others make a more mindful buying decision as I hope how others would help me by doing the same ... contributing helpful views and points instead of "tak suka keluar" reply.

Anyway, I think I'm about done with this. Lot 15 is actually quite good (I don't say this lightly) but just saying that SDP should do more in terms of added value stuff. Comparing point for point and price for price, other project seems to give more in terms of value. If you want to argue non stop "because it is in subang" then I got nothing to add seriously. You people terus hentam me gao gao like I am bashing the project.

Also, if anyone wants to value the "locality", try googling on the rent between SJ, BJ, PJ, Bangsar south. You will have a better idea of how the land is worth rather than just personal assumption that it is "more prime than others".

This post has been edited by holypredator: Sep 8 2018, 08:53 PM
BEANCOUNTER
post Sep 8 2018, 08:54 PM

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I am speechless.

Am sure many sifus already gave up on yr debates.
holypredator
post Sep 11 2018, 04:56 PM

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Saw Lot 15 ads saying RM10k + 7% discount. Isn't those the hari raya rebates promotion which ends before 1st sept? Din't they just took off from their site on these special promotion and left only 6%+kitchen cabinet?

Whatever it is, whether they are still giving the RM10k+7% discount, I do hope this project don't end up giving even more than that (basically even more than the raya rebate) and suddenly give a bunch of furnishing to desperately sell off remaining units which basically screw over the existing buyers. TMP has done that already, which is disappointing hence I hope SDP don't do the same thing as TMP. Otherwise, these whole time debating with you people would mean absolutely nothing anymore doh.gif
deed
post Sep 11 2018, 09:14 PM

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QUOTE(holypredator @ Sep 11 2018, 04:56 PM)
Saw Lot 15 ads saying RM10k + 7% discount. Isn't those the hari raya rebates promotion which ends before 1st sept? Din't they just took off from their site on these special promotion and left only 6%+kitchen cabinet?

Whatever it is, whether they are still giving the RM10k+7% discount, I do hope this project don't end up giving even more than that (basically even more than the raya rebate) and suddenly give a bunch of furnishing to desperately sell off remaining units which basically screw over the existing buyers. TMP has done that already, which is disappointing hence I hope SDP don't do the same thing as TMP.  Otherwise, these whole time debating with you people would mean absolutely nothing anymore  doh.gif
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So bro which property did u end up buying or at least booked after all those survey. Subang or Bukit Jalil? hmm.gif
holypredator
post Sep 11 2018, 09:16 PM

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QUOTE(deed @ Sep 11 2018, 09:14 PM)
So bro which property did u end up buying or at least booked after all those survey. Subang or Bukit Jalil?  hmm.gif
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Neither... not near my workplace for those 2 projects.. I'm looking towards KLCC area... was thinking OPUS then kinda think of it, might invest on bukit bintang city center.. not in a hurry so still surveying around

This post has been edited by holypredator: Sep 11 2018, 09:17 PM

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