North & South Brookes I heard will be launched either by year end or next year - my guesstimate is it will be priced around RM800psft!

The next condo/service apmt launch in PH is likely to be the plot of land nearby PR or the land near Giant.

PR is certainly doing very well compared to Sime Darby's earlier condo/apartment launches of Mahogany Park & Serini Melawati. MP only 70% sold after 2.5 months, SM around 60% sold. The main attraction for PR would be the proximity to 2 LRT stations and the Chinese school.

I think many PH residents are hungry for new launches after the last launch in PH is about 3 years ago in The Glades, that is why PR is now almost sold out!

This post has been edited by BRE: Jun 19 2014, 01:25 PM

Boss angkee, this is just my guesstimate only la! Certainly Sime is delaying the launch of North/South Brookes so that it would not affect the remaining unsold units in The Glades. So the later the launch, the higher the psft???

I met a staff from Marvelane "spying" on the balloting process and she said they will launch by year end. Their sales of their villas along the lake will be affected as the residents from PR can have a good view!

This post has been edited by BRE: Jun 19 2014, 06:15 PM

If the price is "right" then should be no problem, now they must be cracking their head on how to price their properties after the seeing SDP enjoying tremendous success for PR!

Now only left the most expensive unit unsold at RM940K gross with b/up 1500sft unit at the highest floor, after 1 week! I think the remaining units will be opened for sale very soon!

This post has been edited by BRE: Jun 23 2014, 07:31 AM

Yes, the last unit priced at RM940K also kena sapu already! I reached the sales office at 9am and saw huge crowd of people having their breakfast and long Q to register for the balloting, with many cars parked along the road. The response is really unprecedented as Sime has not launched new projects in PH for a very long time - the last launch was The Glades 3 years ago.

The balance of the units in Tower B will be launched after Raya, so should be Jul/Aug.

This post has been edited by BRE: Jun 25 2014, 06:29 PM

Definitely the psft will increase once the LRT extension lines are opened to the public as PH is the LRT hub with both the Ampang & KJ lines meeting there!

The 2 main reasons why PR is doing so well IMHO is because of the LRT stations and TTSS Chinese school, despite the fact that the layout of the units is not so nice and Tower A residents have to walk to Tower B to get their vehicles.

From my observation during the balloting process, most of the buyers are Chinese - should be mostly from PH and USJ.

Wow bro, seriously the maintenance fee is 40 sen? That's very high! Yes, it is on commercial title but I think 30 sen is more reasonable, however it did not stop PR from being sapu clean within 1 week! I guess when the buyers bought it, they were not aware of the high maintenance fees?

My friend bought a unit at Level 25 & I told her that her view would be very nice as there will not be any building blocking her view - I think she has no regret buying it even though the maintenance fee is high!

This post has been edited by BRE: Jun 26 2014, 07:18 AM

That's why must find ways to earn more lo! One way is to invest in good potential prop!

I wonder how much the owners of PR will get when they get VP in 2018? Not much competition in PH, only from Kingsley Hill and Marvelane Homes' condos.

Sime is hedging against inflation for the buyers???

My friend who bought it said it's 35sen, not 40sen??? 35sen is still quite high, the more reasonable amount is 30sen IMO.

In fact, PR is doing very well compared to Sime's 2 other recent condo/apartment launches - Mahogany Park (198 units) launched 3 months ago only 70% sold, Serini Melawati (525 units) launched 2 monhts ago I think only about 50% sold.

I talked to Marvelane Home's marketing manager during the balloting last month, she said MH will be launched at the end of the year.

2nd launch is for the balance of units not opened for sale during the balloting. It's definitely after Raya but no definite date, let me go to their sales gallery to kpc and find out!

No balloting for MH last month, what I meant was their Marketing mgr was at PR's balloting last month, probably checking out the response.

Yup, definitely the cheapest units all gone with the wind!!!

Boss LTG, if you are keen, why not call Sime Darby's office to find out? They will be very keen to call you to sapu the loan rejected units!

I checked with SDP yesterday and they said those units with rejected loans have been taken up by other buyers already. It seems that the demand for PR is very good!

As for the balance of the units not opened to public yet, SDP may open it for sale by this month.

Staff mostly sapu the cheapest units, thats why not many cheap units left when it was open for balloting. Didnt expect PR to do so well compared to SDP's 2 earlier high rise launch of Serini Melawati in KL East aka Melawati and Mahogany Park in Saujana Impian!

Around RM600psf, still not 100% sold out yet, there are some portion of the condo not opened for sale during the balloting.

The pros of staying in PR is not only being near to LRT station but also being near to Chinese school - how many new projects in the market now have these 2 advantages?

The younger generation typically prefer to stay in high rise building, so probably the old folks staying in PH now would buy PR for their children.

PH is a nice & quiet place but I think not much green left after Kingley Hill is being developed! It's good for Sime to launch high rise in PH as more population is needed to boost up its commercial area. Now Putra Point is only around 50-60% occupied, in some portion the rate is lower.

Balance of PR will be open for balloting this Saturday!

Registration will start at 8am and balloting will commence around 10.30am.

After PR, the next high rise launch in PH will be near Giant in December this year, mainly comprising studio units.

This post has been edited by BRE: Aug 11 2014, 08:53 AM

Yes!!!

Looks like Sime is concentrating on launching high rise in PH as there will be no more landed props to be launched in PH. Many ppl are also waiting for the North & South Brookes condos in The Glades but still no news on when it will be launched - most probably next year I heard.

What I heard is that price will be increased by 3%, Sime still giving 2% early bird rebate, so net effect is 1% increase. Of course, the buyers of the earlier phase also got 2% early bird rebate.

This post has been edited by BRE: Aug 11 2014, 01:00 PM

No need, just go there to register to take part in the balloting. Registration will start at 8am so better be there early, good luck!

Boss, this one I have no idea, the sales staff just said the price will be increased by 3%. However, I think it will not deter prospective buyers from sapu-ing all the units!!! I guess they think RM600+psf is considered cheap for this location? If buy in KLCC, the price oredi more than 4 times higher!!!