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 I-SUITE @ I-CITY Shah Alam, Serviced Residence Apartment in I-City

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kelchai
post Oct 1 2015, 10:15 PM

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QUOTE(PKPK03 @ Oct 1 2015, 06:30 PM)
Anyone notice that there is one completed block which will light at night on almost the entire facade...
Wonder will this be permanent kind of thingy..
Which party forking out for the electricity bill each month, the unit's owners or developer?
Ha... ha.. only in i-city.
But, I must say quite creative though...
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I remember there is one condo in mont kiara also having this kind of lights but in blue Color. Guess electric bill included in Maintenance fee biggrin.gif
Babizz
post Oct 1 2015, 10:19 PM

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QUOTE(Qvivi21 @ Oct 1 2015, 08:15 AM)
May I know how much do you think is high or reasonable ? Can you pls share your opinion?
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this one maybe transacted at RM1.8psf or 1.3-1.4k.. fr OK yields n this size i think RM2.3psf or RM1.7k.. how the take up/occupancy here?
Qvivi21
post Oct 1 2015, 11:17 PM

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QUOTE(Babizz @ Oct 1 2015, 10:19 PM)
this one maybe transacted at RM1.8psf or 1.3-1.4k.. fr OK yields n this size i think RM2.3psf or RM1.7k.. how the take up/occupancy here?
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Only my opinion, the i Residence was got the VP at beginning of the year, and the entry price is around RM300k, then if based on the rental with RM1,400, there is almost 5.5% yield already. I think if I am the owner, I won asking so high since the development of the i-city is still in the preliminary progress stage , many elements can affect rents have not completed yet, so 5.5% of yield is consider better than a lot of property in town already.

Because I do not have do the rental market in Shah Alam, therefore not very sure about the occupancy rate there. Maybe you can check with the other agent or Sifu here.
Qvivi21
post Oct 2 2015, 12:20 AM

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QUOTE(shinchan^^ @ Oct 1 2015, 05:01 PM)
so the Central world on track?
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I think yes, should be.

The CPN website show Central Plaza@i city expected to open in 2016. However, I think should be some delay to 2018 year, because according I Berhad, the Central Plaza Mall site start by this Nov.
Babizz
post Oct 2 2015, 07:01 AM

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QUOTE(Qvivi21 @ Oct 1 2015, 09:17 AM)
Only my opinion, the i Residence was got the VP at beginning of the year, and the entry price is around RM300k, then if based on the rental with RM1,400,  there is almost 5.5% yield already. I think if I am the owner, I won asking so high since the development of the i-city is still in the preliminary progress stage , many elements can affect rents have not completed yet, so 5.5% of yield is consider better than a lot of property in town already.

Because I do not have do the rental market in Shah Alam, therefore not very sure about the occupancy rate there. Maybe you can check with the other agent or Sifu here.
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central mall opening indeed delayed to 2018 as per an article they published... u cant compare yields against entry price or those who bought in 2010 would be enjoying 10+% yields..

Usually rental in shah alam is quite good due to many colleges n familes who wana rent thr.. 1 thing u r spot on is about the future components of i city like the mall n lrt which will push prices up


sohamlong
post Oct 2 2015, 10:31 AM

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QUOTE(Babizz @ Oct 2 2015, 07:01 AM)
central mall opening indeed delayed to 2018 as per an article they published... u cant compare yields against entry price or those who bought in 2010 would be enjoying 10+% yields..

Usually rental in shah alam is quite good due to many colleges n familes who wana rent thr.. 1 thing u r spot on is about the future components of i city like the mall n lrt which will push prices up
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It will go up, but not so soon before mall and lrt is done, this all about future investment. Btw it just 10 mins from Subang, who work in Subang or PJ but want a lower price studio would came here.

I am an agent, can pm me for more analysis.
sohamlong
post Oct 2 2015, 10:37 AM

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QUOTE(nexona88 @ Oct 1 2015, 09:01 PM)
can share pict  icon_rolleyes.gif
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Not so clear, sorry ya =D
sohamlong
post Oct 2 2015, 10:38 AM

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QUOTE(nexona88 @ Oct 1 2015, 09:01 PM)
can share pict  icon_rolleyes.gif
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Not so clear, sorry ya =D


Attached thumbnail(s)
Attached Image
Babizz
post Oct 2 2015, 10:43 AM

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QUOTE(sohamlong @ Oct 1 2015, 08:31 PM)
It will go up, but not so soon before mall and lrt is done, this all about future investment. Btw it just 10 mins from Subang, who work in Subang or PJ but want a lower price studio would came here.

I am an agent, can pm me for more analysis.
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need to wait 3 yrs..haih.. whats d occupancy thr ah..
nexona88
post Oct 2 2015, 11:17 AM

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QUOTE(sohamlong @ Oct 2 2015, 10:38 AM)
Not so clear, sorry ya =D
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walo they light up the whole building ohmy.gif rclxms.gif

anyway it's look nice tongue.gif

This post has been edited by nexona88: Oct 2 2015, 11:18 AM
sohamlong
post Oct 2 2015, 11:31 AM

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QUOTE(Babizz @ Oct 2 2015, 10:43 AM)
need to wait 3 yrs..haih.. whats d occupancy thr ah..
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Currently still got people looking to rent over there, but the problem is price...because when they vp, price is 1200 per month, after few months then 1500 per month now...people always greedy mah...cant blame...market? still got one..just see how generous you are lo...haha
when lrt and shopping mall is done, then u huat lo... price would go up to 900psf easily at that time if EST 1 year only 5% increase of Appreciation...

If PSF=710
EST increase 5% P.A.

A=P(1+R)T
A=710(1+0.05)^5
A=906

Plus and Minus some Shopping Mall and LRT Effect, how much would it go?? 1000 PSF?? It is not mission impossible.
sohamlong
post Oct 2 2015, 11:33 AM

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QUOTE(nexona88 @ Oct 2 2015, 11:17 AM)
walo they light up the whole building  ohmy.gif  rclxms.gif

anyway it's look nice  tongue.gif
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Want buy onot? Can show off XD
Btw all LED, electric bill is much cheaper than light bulb.
nexona88
post Oct 2 2015, 11:42 AM

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QUOTE(sohamlong @ Oct 2 2015, 11:33 AM)
Want buy onot? Can show off XD
Btw all LED, electric bill is much cheaper than light bulb.
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not for now blush.gif
sohamlong
post Oct 2 2015, 11:45 AM

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QUOTE(nexona88 @ Oct 2 2015, 11:42 AM)
not for now  blush.gif
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I am so free in this Saturday, no apt yet, want come show unit?
Got buffet lunch =P icon_rolleyes.gif
PKPK03
post Oct 2 2015, 04:30 PM

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Wah.., buffet lunch...
Sound tempting....
sohamlong
post Oct 2 2015, 05:29 PM

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QUOTE(PKPK03 @ Oct 2 2015, 04:30 PM)
Wah.., buffet lunch...
Sound tempting....
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Btw i not really dare ask you to come...later you aeroplant me XD
If interested can pm me~ 4 Star Hotel buffet 12.30 - 3.00 pm
Show Unit Open from 10am - 6pm.

Qvivi21
post Oct 2 2015, 10:09 PM

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QUOTE(Babizz @ Oct 2 2015, 10:43 AM)
need to wait 3 yrs..haih.. whats d occupancy thr ah..
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I read a lot of property investment book, the tycoon teach us calculate like that, and I think it is logical.

The Gross Rental Yield = Rental X 12 months X 100
Purchase price

You want to count your rental returns, when you cast a sum of money, right? Of course, with your entry prices, why are counted the price after appreciation? Market price is only paper value, nothing meaning. We agents calculate the ROI for some property based on the market price, it is because let assume the client buy nowadays.
TS4evernelson
post Oct 10 2015, 10:57 AM

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market downturn, definitely affects the sales, somehow many prime SOHO release around KLANG valley, Shah Alam might not be the 1st choice but might be future :)

But too many abandon projects over the street ~ Klang, affects buyer perception on Shah Alam (nearby Klang).

discussion can be found
FB link

there is risk, just who is the daredevil to pick up the risk :) :sweat:
PKPK03
post Jan 22 2016, 09:20 AM

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So quite here....

What's the lastest news?

New launching?
overfloe
post Jan 22 2016, 12:01 PM

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QUOTE(PKPK03 @ Jan 22 2016, 10:20 AM)
So quite here....

What's the lastest news?

New launching?
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i heard i-suites fully sold..

next launch is Hyde tower.. after CNY maybe

centralplaza mall just started development.

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