Packages is not finalized yet & pre-registration is still available.

Hello all, been followed this thread for quite some time, but this is the first time to voice up here. sometimes, really felt fed up, when we tell customers facts, but they prefer to listen to those "sweet words" from others. What i can advised is, filter the information !! When we told customer unit allocation is not even ready , but they prefer to those can offering the so called "allocated units" & so called "pricing of units" by just showing few piece of papers ><

First of all, yes there is Rm10kdeposit needed. Different agencies will have different practices, thus some required bank in some did not. All deposit currently is deposited into stakeholder account only (agency or agency's lawyer), if you worry about the legality of the agency, get verification from developer PIC..

Before signing any official sale form, booking is fully refunded, thus whether BBB or not BBB you can decide afterward if you don't wanna missed the boat for now. Get your agent confirmation to you that after you deposit , you deserve a quota . As some agency already collected many cheque & in waiting list, some still collecting.. Btw, agency will get units, just the amount & which units will be allocated by developer management.

Official launching will come after 'pre-launch', so you can decide whether to wait or not to. If you mind of pricing, you can try to get into the boat now. Developer management is now working very hard in finalized the packages, tie up with banks, renovate show unit, amendment in conjunction with local authorities.. My Fren working with a lawyer firm currently also work closely with developer to finalise their services & packages. Just my 2 cents, and I'm not from developer anyway xD

Bro, we aso got take cheques much earlier but we have crossed all of them long time ago and the buyers know.

More expensive. I picked the 925 sqf at 999k, Tower 2. And that was the cheapest among all the duplexes.

The Matrade convention center is 4 times bigger than the KLCC one and it is the only one which can do Military expo so far (We heard... dunno how true is that), so if the MRT line 3 is not going to take off.... it's consider suicide for themselves.

Most ppl think by buying a small unit 494sf with 500k b4 10% rebates, they will only need to put 25k to grab a unit... if they can get 85% loan. Price is 910psf after rebate... while nearby subsale is 1000psf to 1400psf (The Signature Hartamas, Plaza Damas 3, Solaris Dutamas Publika, I-Zen@Kiara 1, Verve Suites) , dunno if we are comparing apple to apple or not  .. and the coming up next 3~4 residential within this Metropolis will base on Arte MK pricing as a benchmark.. the later they launch the new projects the more expensive they will sell (is normal)

So once it's vped by second half 2019 and 6months for them to provide the partly furnishing.... most of the unit can be obtained only at early 2020 ...
Says 5yrs later at year 2020 if sell at 1300psf for 494sf unit would be 642k, which is the price of KLCC now, without RPGT (if signing SnP by Aug2015 and sell after Aug 2020), lets do the maths here ....minus the agent fee 13k and legal fee 5k... 642k - 450k (after rebate) - 13k - 5k = 174k Nett Gain.

174k/25k downpayment is almost 700% in return for one small unit over 5 yrs.... I can see tat now why soooo many ppl even newbies, property agent and bankers themselves also tents to grab one or more units from tis projects, and I can see why the greedy developer claimed that they are yet selling too cheap and tents to increase the price by 8~10% during soft launching after this bulk purchase .....

I will foresee most of the units like 1000 over total of 1600 units will be selling just right after vped.... for home stay 494sf seems bit small, for those so called investor they sure goreng goreng gao gao bcos of low cost entry 25k per unit....like Chinese said small knife cut big tree 

I see this project is mainly built for "investor" goreng one ....    

Question is after factored all in ....can the small units sold at 1300psf by year 2020 with 640k (bigger unit duplex will sell cheaper psf) ??

Like those taikor said... really need to do homework first...and buy only when feel comfortable...

Mthc kor... yes , 45% net paper gain, but from SnP selling price it would be 28.5% ... 5 yrs later ppl will compare their offer to purchase price w the existing SnP price and almost nobody would know if the owner got rebate or not, except for the owner themselves.

Ok ...What if those "investor" willing to let go as fast as possible at 598k which is 1200psf ? (why not 600k ? Bcos nowadays "investor" are very good at playing numbers  ) So net paper gain will goes to 33% and 19.8% from SnP selling price.... and most of the buyers will think tat - I buy a property at 20% increase only from existing SnP price after 5 dramatical yrs which gone through the crisis (year 2017~2019... I assume only ya)... sounds ok wat ...some more now year 2020 is the year to pickup liao, still got space to make profit ma    .... and then the return to the owner will goes to 598k - 450k - 12k - 5k = 131k / 25k ... 525% over 5 yrs selling 1200psf instead of selling 1300psf....

AND WHAT IF some really really desperate owner (mainly just goreng only) selling 548k at around 1100psf ? .... I think these kind of "good" units (chinese call die chicken) will kena sapu first bcos less than 10% increase from SnP price over 5 yrs !!!    (Hope there will be least owners sell at this price lar else I foresee Price War then  ) ...with this selling price the return to the owner will goes to 328% over 5 yrs ..... still better than FD rate ma (best rate 4.2% yearly now) rite ??

Maybe .... just maybe bcos of the above maths (simple calculation everyone can do wat )... that is why I see tat some of the buyers still wanna to grab at least one unit although the choices given are so called bad units .... they might think - So WAT ... BAD units I sell cheaper lar...I will still make sure tat I can earn at least 250~300% over nx 5 yrs 

The fact is eventhough some taikors here mentioned tat how bad is this developer's first project in KL - Arte Kuchai Lama, I know one of the transacted price for 1700+ sf sold close to 1.1mil from SnP price 750+k, which is 45% gain from SnP, but we guess tat the owner earn at least 350% in return over the downpayment after deducted all the cost even with 15% RPGT, but not included the rebate yet...if he got only 5% rebate , his return would be 700% over 4yrs. Well we can say tat this owner is damn lucky lar this lar tat lar....yet I think he is a smart "investor" bcos he took a high floor unit with good view and good unit number, which he has more advantages to sell than others owner when ppl criticized the quality of the building....
The other fact is an owner did not sell it but rent it out and he managed to refinance the unit, from purchase price 750k to 1mil bank value, he get 200k cash out to invest into another project. This Arte MK he took 2 units.

I would say having good units in the right timing could be a lot helpful during bad time like slow down season lar, GST came lar, 1MDB lar , even crisis expected to come lar...

Tis project if for own stay buyer, I think need to put more factor in .... personally think tat 90% of the buyer is for flip only not for own stay 

I noticed tat even though some taikors dun think tat this project is premium (so so only) and dun look good at it (mayb due to the bad quality work on previous project), they still grab whatever units they can have with tis project... mayb bcos of the low cost entry (25k~50K per unit is nothing to them lar) and the sales package 10% rebate some more with commercial title, which they can get 85% loan margin instead of can get 70% only on residential (most of the "investor" taikor already own more than 2 residential ma )... Have to admit tat it's kind of smart from the developer side, not only sapu the "investor" also the newbies, agents and bankers...

I personally think tat Naza is using tis project to test water....if tis project selling well, then maybe they will launch faster with their 17 blocks office tower and 3~4 residential condo projects and also the highest building within Metropolis... else Naza will start to develop themselves already, why hv to let tis developer start first ? Weather it is a good move ...it will tell by the time when Arte MK is official launching...

Anyway the above statement is just my personal opinion ... if taikors and sifu and "investors" dun agree or dun feel comfortable ...please just ignore ya.....

Hi guys.. Got one unit of simplex is dropping out due to bank loan rejection. The nett price is only RM 419k. Who are interested in this unit please pm me. First come first serve. Thank you.

It's located at tower 1, 442 square feet with one bedroom.