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Investment EMPORIS @ KOTA DAMANSARA [OWNERS' THREAD], The Next Era Kota Damansara

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mthc
post Apr 12 2015, 01:17 PM

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QUOTE(Babizz @ Apr 12 2015, 12:33 PM)
btr focus on mrt2 projects la now.. many good value ones.. if reli fr ownstay n wana use MRT to work n gt deep pocket, TG still the best bet in KD. If 800, better buy cascades subsale...
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Cascades subsale 800 also cannot get aleady lo.

This scland group buy is a fucking hoax la. Sure all die together. Like the cheras damai alam or something. Group buy after discount 500k. But agent outside selling 508k. Fucking con la.
mthc
post Apr 13 2015, 01:16 AM

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Good luck.

This post has been edited by mthc: Apr 13 2015, 01:39 AM
mthc
post Apr 25 2015, 08:06 PM

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Don't see this as a good project. Take a much more matured location like KD itself. So many vacant offices and retails.

This post has been edited by mthc: Apr 25 2015, 08:18 PM
mthc
post May 9 2015, 01:50 AM

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QUOTE(accetera @ May 8 2015, 11:58 PM)
Buyers have to know "close to MRT Station" and "close to MRT Track" are two different things. Nevertheless, suburbs with MRT still able to appreciate, on general basis.

Compare to Tropicana Gardens.
Source: http://www.ptlm.com.my/index.php/cyperus-s...-kota-damansara

(1) Pedestrian connector to integrated MRT Station
(2) Large Retail Mall with Cineplex, Gourmet Supermarket, an Exhibition Centre and Kid's Adventure Park
(3) Office and Hotel Tower - tba soon
(4) Urban gardens like Namba Park Osaka
(5) 80,000 sq ft of facilities, including a 50m Olympic-sized pool, spread over 2 floors in Cyperus Tower alone
(6) Fully furnished small-sized service apartments under HDA
(7) A rare Golf and Lake View and neighbouring a golf course
(8) Near to upcoming International School as well as university, IKEA and shopping belt.
(9) The commercial part of Kota Damansara (Dataran Sunway area).

Price is the major difference here. But for me, buying need not be "simply buy" because I do look at product details for personal preference.
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Honestly. Subsale Cascades is way better than any projects in KD. With only 266 units and Mitraland office next door and walking distance to MRT KD.. You should promote Cascades instead. While all the other players in KD are setting a new benchmark, Cascades will tumpang their benchmark roo. Verbal valuation for now is 980 per sq ft. Cascades benefits from the malls around as residents there don't have to go through all the jam getting in and out. Tropicana, Nexis and Strand will feel the HIT really soon. Have to agree with your good investment on Cascades but not Emporis.

TH is slightly on the higher side now. 1080 per sq ft after discount while strand is going on 1000 per sq ft. If you guys think TH is ridiculous, be hold for the new service apartments by Sunway next to strand garden offices. Rumour has it going for 1300 per sq ft. Really new benchmark.

Not gonna be bias here either. The projected demographic growth in KD plays an important role as well. What we see is not what we know. Based on knight Frank research, the population growth in KD is actually growing faster than the developments in KD. I can't deny that the commercial spaces in KD is over supplied but not residential.

In a nut shell, KD is a good investment for residential units. I'd opt to stay away from commercial for a while now UNLESS there are huge bargains of cuz.

This post has been edited by mthc: May 9 2015, 01:59 AM
mthc
post May 9 2015, 02:04 AM

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QUOTE(accetera @ May 9 2015, 01:59 AM)
How you know I owned a unit at Cascades?  biggrin.gif
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Saw u mentioned some where before. Really best buy ever. I really think Cascades is a silent and hidden gem in KD while other players are setting new benchmark. Another plus point is it's unique design.. lol even nicer than TH, Strand and Nexis.
mthc
post May 9 2015, 11:01 AM

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Take a good look at Cova Square in KD. Such a big fail where it's so dead. Emporis might have a high chance of becoming the next Cova Square.
mthc
post Jun 17 2015, 08:34 PM

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QUOTE(accetera @ Jun 17 2015, 01:23 PM)
The sales gallery and show unit will open in Nexis.

If you ask me, I'm not confident here because the retail shops are segregated to so many types and it is difficult to meet tenants' needs in future if concept is not focused. For resi component for residential use, then it's fine.

It can be a future makan place and nightlife but we know that local authority is getting stricter on such outlets.

Tropicana Gardens may have duplex soon in fourth block. Still in planning stage.
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Duplex!? Can BBB for own stay! Pls start a topic here once u got info!
mthc
post Jun 18 2015, 10:27 AM

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Aih every day also I have been praying for tenants to move into Mitraland office, Cascades shops, Strand Garden and Nexis. Now another one coming up.. good luck la.

You can see Nexis Soho advertisements every where now!

Don't forget another new service apt by Sunway is coming up in between driving range and Strand garden offices. Rumor has it that it will be whooping at 1.3k per sq ft. Fml

This post has been edited by mthc: Jun 18 2015, 10:28 AM
mthc
post Jun 23 2015, 05:22 PM

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QUOTE(jonathandeho @ Jun 23 2015, 05:22 PM)
Is this the one J Lord just pushing lately?
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😂😂😂
mthc
post Jun 23 2015, 11:47 PM

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QUOTE(Clement1001 @ Jun 23 2015, 11:16 PM)
Is not as bad as it sounds lah, it has already taken consideration of having strata mall and non-walking distance MRT station into account, that's why they price lower by 30-35% compare with TG.
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Look at Cova Suites (residence) and Cova Square (strata mall/shops god knows what failed commercial in front). It's located extremely near to Segi and Tropicana hospital. Emporis uses the same selling point as Emporis. Retail lots are filled with those retails you can see in Selayang malls.

A perfect example is nestled a throw stone away from this future Emporis. Yeah.. there is no doubt that there will be a net paper gain for Emporis in the future. I am so sure that there will be. Emporis will definitely ride on KD CBD and Kwasa for at least 20%-30% net paper gain upon completion. But bare in mind, that is merely a net gain in paper. Even a bank takes only 80% of a standard property OMV as a collateral. Good luck to those purchasers when they want to dispose it. They might need to hold till the day they grow old also hard to dispose.







mthc
post Jun 23 2015, 11:50 PM

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QUOTE(accetera @ Jun 23 2015, 11:49 PM)
I still prefer Tropicana Gardens among all in KD.

My Cascades tenant want to continue. So just continue lor. Good news.

My tip: In every new property, be part of the first 50 to rent out it will be fine.
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How much are u renting?
mthc
post Jun 24 2015, 12:11 AM

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QUOTE(ManutdGiggs @ Jun 23 2015, 11:54 PM)
Boss u nailed it. But dun forget ah lard alwiz encourage those foolish followers to rob the banks. I wonder who Rob who 😂😂😂

He thinks tat max leverage 'll do him well. He has no idea how strong r those cash buyers out there. He knows nuts bout dsr when I read some of his stupid long winded rubbish.

Paiseh I dun cheat so I dun practice beautiful Bullshit with lousy England. I onli use manglish. Gua si malaisiya Lang.
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Aih boss. Sad to say i am like most of the youngsters out there also who is over leveraging already, doing all sorts of tong gua tao foo to push my dscr up too.

But for at least invest in some properties which can be disposed easily when you are over leveraging lo. If not put money in FD or unit trust also better than investing in properties which you can't dispose in the future. They all truly forgotten how much interest that they will have pay to the banks. All simply because all they think about is covering monthly repayments with the monthly rental in which if only Emporis can be rented out for 2k a month (this is cascades current rental).

I personally think putting money in FD is better than investing in Emporis. At least FD gives you an average of 4% return a year.
mthc
post Jun 24 2015, 08:23 AM

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QUOTE(accetera @ Jun 24 2015, 12:28 AM)
RM1,500 for 1 bedder unit.
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It seems like u rent below the average rental for 1800 to 2000..
mthc
post Jun 24 2015, 09:15 AM

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QUOTE(Babizz @ Jun 24 2015, 08:27 AM)
I know a studio renting out for RM2.4k in Cascades.. Market rate is 1.8k-2k n 1.5k is wayy below average!
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2.4k is fully furnished. Go buy furnitures from IKEA, put a cheap fridge and put an old LCD tv inside can be fully furnished ady! Lol..
mthc
post Jul 10 2015, 09:34 PM

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He speaks about cash out and robbing the banks. But bank only takes 70% to 80% of the property OMV. Refinancing calculation has changed in 2013 where it's dscr is calculated on a 10 years repayment capability.

Robbing the bank and serving obly it's interest. That raises a question. Why are banks getting richer day to day when they are "robbed"?

I have seen a lot of mortgage consultants made it. But they didn't rob the bank. Now all die lo..


This post has been edited by mthc: Jul 10 2015, 09:39 PM
mthc
post Jul 10 2015, 09:35 PM

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QUOTE(kheekuan @ Jul 10 2015, 09:34 PM)
Our friend has been targeting those first time investor by giving the baits of a business model + ROI on paper la.. I seconded with Patrick, I prefer Tropicana Gardens anytime with a branded developer la
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ROI on paper is to syok sendiri only. Try disposing it 😉😉😉
mthc
post Jul 10 2015, 09:43 PM

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I will be nice. Is there any way I could attach an excel format here. I'd be more than happy to share with you guys the term loan calculator. I really wanna see how a person robs a bank and only serves it's interest.
mthc
post Jul 31 2015, 09:59 PM

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QUOTE(nookie188 @ Jul 31 2015, 07:43 PM)
in current market condition and location (which I read was tak rak bagus..MS SLUM said bad
surroundings and all ..)  this project is sold out? seriously?
wow....mmm..maybe investor club sapu ?
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Confirm kena sapu by those misled young fresh meat who thought they found a gem.
mthc
post Jul 31 2015, 09:59 PM

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QUOTE(Babizz @ Jul 31 2015, 09:54 PM)
Can see la giza n nexis all dying/empty.. Emporis is cheaper but its a full scale large sized strata mall in the middle of nowhere..commercial oversupply in KD/Dsara/PJ is BAD..

Do u wana live above a failed mall where even Mcd won't masuk?  rclxm9.gif  rclxm9.gif
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Mcd rather masuk petrol station in kd. Kfc too.

All linked with petrol stations
mthc
post Oct 12 2015, 08:42 PM

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QUOTE(ManutdGiggs @ Oct 12 2015, 02:36 PM)
Wat bout tis tea collection???

Same fb post.

whistling.gif  oops.gif
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Boss you are so impossible. Give u one like!! Respect lol.. Truth buster.

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