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Investment PANORAMA RESIDENCES @ KELANA JAYA, Ultimate Prestige Living in Kelana Jaya

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twom
post Jul 22 2018, 07:57 PM

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QUOTE(JasonLeeX @ Jul 22 2018, 03:13 PM)
That is not the point, the point is with low density and small units + low maintenance fee, how are they actually going to maintain their facilities?

Panorama is the first project that I've seen having a huge area of land dedicated to facilities while having only 2 blocks of mid level towers. On top of that they are semi furnished if I am not mistaken.

If the project goes well, what I foresee is there maybe cut backs on material (using low quality furnishing) and most likely the facilities will not be maintained well, like those cheap apartments.
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I went to the sales gallery yesterday. Seems high quality furnishing
to me. Kitchen cabinet is by Signature Kitchen. Appliances by Teka. Tiles by feruni. Toilet appliances by Johnson Suisse. 2 carpark even for the smallest unit. For bigger unit it is side by side parking. 3 lift and 1 dedicated service lift. Meaning that 4 lift for only 8 units per floor. They also going to built covered walkway to the lrt station. Glenmarie's lrt station going to be an interchange some more. If you get bores with the facilities at the condo, then can just walk to the park or others sport complex. It is just walking distance.


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twom
post Jul 22 2018, 11:26 PM

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QUOTE(JasonLeeX @ Jul 22 2018, 08:52 PM)
That's the thing that puzzles me even more. Standard service apartment has 3 lift (including service lift) and the standard facilities with maintenance fee RM0.35, considering the land size, facilities and number of units, it looks reasonable. Panorama on the other hand doesn't seem logical with 4 lifts, 1 half basketball court, 1 badminton court, 1 tennis court and a whole lot of other facilities. On top of that their common area is quite huge compared to most of the project.

Price wise, as mentioned before, they allocated quite a lot of land for facilities and they even plan to build a dedicated walkway to the LRT station? With only 2 towers and total of 400+ units and considerably cheap PSF, it felt like they are cutting cost on somewhere to make up for all these.
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What if the developer want to prove to everybody and want to make it their landmark signature project. I read somewhere in the forum somebody wrote that this is their first high rise project? So better to grab this opportunity if you said it is too good to be true?

How much the booking fee? Lets all buy the remaining unit. Haha..
twom
post Jul 24 2018, 03:00 PM

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Personally compared to Atwater, i like this project more furthermore it is freehold. Plus location wise the view overlooking greenery area. For rubbish area also using suction like in singapore and they have green building index as well.

I think i want to visit the sales gallery again this weekend and make a booking. I like the layout with big window for every room suitable for my small family with 1 child. Probably corner unit overlooking the park? The golf view almost finish last time i went there.

Any news, should share here before i make a booking.

Is there any buyers' whatsapp or facebook group?


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twom
post Jul 25 2018, 02:18 PM

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QUOTE(A.B.D. @ Jul 24 2018, 05:32 PM)
i believe panorama "serviced" residence is commercial also. any purchasers can confirm?

atwater is leasehold and panorama is "freehold with restrictions" which if not mistaken is converted from leasehold in the past but not sure what are the disadvantages though...
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Panorama is fully residential. Plus the entrance also quite nice and better looking than atwater in my opinion.
twom
post Jul 25 2018, 10:38 PM

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QUOTE(Raffy @ Jul 25 2018, 02:40 PM)
quite privacy based on layout plan
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See the airway, i think it is bright and airy not just about privacy. I like the corner unit. Especially block B1 phase 2. They already designated parking lot for every unit so can choose unit based on the parking distance to the lift.

See the entrypoint, panorame against water backdrop it is much nicer than atwater in my opinion.

Anybody going to the show gallery this week?



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twom
post Jul 30 2018, 01:55 PM

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QUOTE(holypredator @ Jul 30 2018, 12:05 PM)
Also... 1 biggest question that I have is... how the hell is this a residential title land?
Just look at the surrounding area, non of the buildings are residential.... it is clearly a commercial land.... how did they change it from commercial to residential?
Also, that area is leasehold... they manage to change that as well... banyak magic  hmm.gif
Anyone also question them about all these? I seriously want to know how they manage to just convert everything  sweat.gif
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Err... Shang villa is residential? It is just next door.

Well it is clearly stated residential land and freehold. Nobody want to reveal trade secret?

One more thing, comparing mentari court to this property is like comparing an apple to an orange. Totally different market segment and niche.

Lets take a look at positive side as well rather than soaking up in all the negative all the time. There is no perfect property.

I have been looking up for the perfect property which is within klang valley for many months now. From setiawangsa/wangsa maju area, to klcc area to now kelana jaya/subang/pj/ara damansara area. Nothing is perfect which is within my range. Always there is a downside and also the upside. Nothing is perfect.
twom
post Aug 10 2018, 11:55 AM

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There is SA of the projects in this forum. Last time I went to the sales gallery, golf view almost finished.
twom
post Sep 13 2018, 08:41 PM

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Title commercial but development full residential under HDA. After VP, developer will help to change to residential and i don't think no issue because development is fully residential and not even one retail or shop.

In my opinion this project overall is much better than ryan n miho.
twom
post Sep 20 2018, 01:09 PM

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QUOTE(okok888 @ Sep 3 2018, 11:15 AM)
passed by the project site.... doesn't see any progress..... abandon???
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Passed by the project too. They put up a sign stating co.pletion 19th June 2021. There are works progress on site.

Any buyer here?
twom
post Sep 25 2018, 12:19 PM

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Only time will tell whether it is going to finish up on time. I read the sign work started only on 25th june 2018, completion 2021. Today i go visit the site got workers, machines and construction materials on site. Dont know how to attached video here.
twom
post Oct 3 2018, 09:12 PM

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Last week, tomorrow im going to the area again and will take longer video.
twom
post Oct 4 2018, 09:21 PM

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The project only open for sale this year, spa stated completion 2022. Signboard at the project site stated 2021. The project itself according to me not too big. 2 towers with less than 500 units only. I think they can complete the construction on time.

What with all the negativities? Perhaps it is actually jealousy because it is an almost perfect piece of property that other people cannot comprehend the developer and trying to find a bit piece of imperfection to seek solace/inner piece from their own jealousy? Hahaha... Whatever it is, buying a property is always a risk. It is up to you whether to take that risk, although buying a subsale. At least i took the chances and grab the opportunity after going through all the comments in this forum and asking around to bankers and seasoned real estate agents.

The piling works already started with more machinery on site. The video was taken last week. It was raining heavily today as i went through that area. The road furnitures fencing only at the back of the construction side. Please take a look at the photo.


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twom
post Oct 8 2018, 08:07 PM

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QUOTE(kimzee @ Oct 5 2018, 03:33 PM)
Well  that's why we can tell a good book from its cover. I counter the piling work daily. and do you know what piling method they are using based on your judgement?
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What piling method they are using?
twom
post Oct 26 2018, 10:47 AM

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According to google map, the masjid is about 750 meters from panorama residence. Not next to it though.
twom
post Nov 9 2018, 10:46 AM

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QUOTE(BEANCOUNTER @ Nov 9 2018, 10:24 AM)
i thought this Panorama is 7++psf, and I would assume even local Malaysians will find it hardly affordable to buy and stay but to suggest locals will buy and rent out to bangla is a bit funny rite?

maybe I am missing something.
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Yes it is rm7++ psf. Ask about panorama residence to all the real estate agents. Sales is so good that they no longer selling it. Good or bad or middle to low end. To me the target is mid to high end. Design wise it is not like generic service apartment. Layout is consideres good. Yes they do taking advantage of the golf course view. It is a nice view. It is a breathtaking view. Plus point, 4 lifts to cater to only 8 units per floor to me it considered very good. 3 lift for occupants + 1 dedicated service lift i think the project is heavier towards high end. Like rich person doesnt have to act rich or called themselves rich to be considered rich by others. Same.like this property. Does not need to be considered high end or called this project high end. All the negative comments surely wouldnt hampered the sales. If not, the incredible numbers of take up is misleading. This is LLC first high rise project. Surely they want to prove themselves. I went to the site yesterday they have increased numbers of machineries at the site probably to speed the things up.
twom
post Sep 6 2019, 10:15 PM

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QUOTE(A.B.D. @ Sep 6 2019, 09:56 AM)
276 / 473 units sold, 58% after almost 2 years since launch

i thought would be much higher % sold by now.

maybe the kpkt sales report is not updated, either developer or kpkt not so efficient
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it was launched last year...
twom
post Sep 28 2020, 11:47 PM

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QUOTE(resonance8797 @ Sep 26 2020, 10:51 PM)
Could I get added to the owner whatsapp group too? I'm a new owner, just placed a booking for the unit recently. Would be nice to be part of the group and keep in touch with any developments with the owner group in the property as I wait for the property to be completed which is...some time in mid June 2022? biggrin.gif
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Can add me too, bought a unit since 2018

 

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