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 Pr1ma Brickfields, Anyone have any info about this?

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melz84
post Jul 19 2017, 08:13 PM

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QUOTE(gshock_kaki @ Jul 19 2017, 07:29 PM)
u mean u got email said u successful? ballot or straight eligible to buy?
*
they did the ballot yesterday for the 920 successful application.
basically these 920 applicant is eligible to buy..

waiting for their open day for unit ballot/selection
angelflames
post Jul 19 2017, 11:52 PM

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Any chance to get developer units or loan rejected units? Or is it hopeless for the rest of us?
melz84
post Jul 20 2017, 12:35 AM

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QUOTE(angelflames @ Jul 19 2017, 11:52 PM)
Any chance to get developer units or loan rejected units? Or is it hopeless for the rest of us?
*
this i'm not really sure.. but i think there are some agents who would have access to those 288 units biggrin.gif
MrLoo
post Jul 20 2017, 11:26 AM

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QUOTE(ibnunarsim @ Jul 20 2017, 08:38 AM)
Estimated price?
*
If not mistaken pr1ma has got a ceiling price of rm400k
e-lite
post Jul 20 2017, 01:31 PM

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Reasons why I most probably won't purchase at the end of the day:-

RM284,000 / 560 sq ft = RM500 psf
RM500 psf x 3 years interest for Construction Period x 4.6% bank rate = RM569 psf (Cost of purchase when it is actually Ready to Move In)

Bad Points
○ Nearby graveyards; ○ No restaurants nearby walking distance.
○ Nearby to Bangsar LRT but doesn't look like safe to walk
○ Brickfields famous for gangsterism and robbery
○ Cannot sell/rent out in 5 years time. Means total have to wait about 8-9 years from signing (3-4 years construction period). Bad if you sign today & got laid off or change jobs to somewhere far. You stuck with the property and pay bank for 8 years.
○ 1208 units / 6.37 acre = 189.6 units per acre!! That's 36% more than Alam Damai's 138.7 unit per acre.
○ Are the primary & secondary schools nearby good?
○ So far PR1MA has delivered only low-medium apartments. Location & building quality is questionable so capital appreciation is low over 10 years time.
○ 6 levels of car park will make you pusing-pusing until dizzy

Good Points
○ Good location if you're driving to everywhere you go & working nearby. Bad if you're no car, no car park or working somewhere further
○ No swimming pool for Blok 1-3 means Less maintenance fee rclxm9.gif
○ I hope PR1MA does a good job & put more passion into it as this are people's home to be paid off in 30 years, not some job just to subsidize the lower income class
MrLoo
post Jul 20 2017, 02:23 PM

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QUOTE(e-lite @ Jul 20 2017, 01:31 PM)
Reasons why I most probably won't purchase at the end of the day:-

RM284,000 / 560 sq ft = RM500 psf
RM500 psf x 3 years interest for Construction Period x 4.6% bank rate = RM569 psf (Cost of purchase when it is actually Ready to Move In)

Bad Points
○ Nearby graveyards; ○ No restaurants nearby walking distance.
○ Nearby to Bangsar LRT but doesn't look like safe to walk
○ Brickfields famous for gangsterism and robbery
○ Cannot sell/rent out in 5 years time. Means total have to wait about 8-9 years from signing (3-4 years construction period). Bad if you sign today & got laid off or change jobs to somewhere far. You stuck with the property and pay bank for 8 years.
○ 1208 units / 6.37 acre = 189.6 units per acre!! That's 36% more than Alam Damai's 138.7 unit per acre.
○ Are the primary & secondary schools nearby good?
○ So far PR1MA has delivered only low-medium apartments. Location & building quality is questionable so capital appreciation is low over 10 years time.
○ 6 levels of car park will make you pusing-pusing until dizzy

Good Points
○ Good location if you're driving to everywhere you go & working nearby. Bad if you're no car, no car park or working somewhere further
○ No swimming pool for Blok 1-3 means Less maintenance fee rclxm9.gif
○ I hope PR1MA does a good job & put more passion into it as this are people's home to be paid off in 30 years, not some job just to subsidize the lower income class
*
The moratorium if not mistaken is based on signing of snp date... the current market psf value in that area is 700-800 ... the location is just one street away from lrt station which is good for rental yield if u don plan for own stay... however, I'm not sure of the location environment though
e-lite
post Jul 20 2017, 02:46 PM

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QUOTE(MrLoo @ Jul 20 2017, 02:23 PM)
The moratorium if not mistaken is based on signing of snp date.
*
Good luck then based on your rumors! Please read the clause before you sign on the dotted lines. Don't say Unker never warn you beforehand rclxms.gif


QUOTE(MrLoo @ Jul 20 2017, 02:23 PM)
the current market psf value in that area is 700-800 .
*
Please show proof as Menara Puteri, Menara Pelangi is all at RM359-RM560psf. Alila / Establishment is not a fair comparison


QUOTE(MrLoo @ Jul 20 2017, 02:23 PM)
the location is just one street away from lrt station which is good for rental yield if u don plan for own stay
*
I wouldn't let my sister walk from that LRT station to Prima Brickfields if she stays there. ranting.gif Her safety is more important any house.
sotongia88
post Jul 20 2017, 03:19 PM

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Seem like quite a number of people here getting balloted! May i know who else is the luckier one?
ComingBackSoon
post Jul 20 2017, 03:54 PM

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QUOTE(e-lite @ Jul 20 2017, 01:31 PM)
Reasons why I most probably won't purchase at the end of the day:-

RM284,000 / 560 sq ft = RM500 psf
RM500 psf x 3 years interest for Construction Period x 4.6% bank rate = RM569 psf (Cost of purchase when it is actually Ready to Move In)

Bad Points
○ Nearby graveyards; ○ No restaurants nearby walking distance.
○ Nearby to Bangsar LRT but doesn't look like safe to walk
○ Brickfields famous for gangsterism and robbery
○ Cannot sell/rent out in 5 years time. Means total have to wait about 8-9 years from signing (3-4 years construction period). Bad if you sign today & got laid off or change jobs to somewhere far. You stuck with the property and pay bank for 8 years.
○ 1208 units / 6.37 acre = 189.6 units per acre!! That's 36% more than Alam Damai's 138.7 unit per acre.
○ Are the primary & secondary schools nearby good?
○ So far PR1MA has delivered only low-medium apartments. Location & building quality is questionable so capital appreciation is low over 10 years time.
○ 6 levels of car park will make you pusing-pusing until dizzy

Good Points
○ Good location if you're driving to everywhere you go & working nearby. Bad if you're no car, no car park or working somewhere further
○ No swimming pool for Blok 1-3 means Less maintenance fee rclxm9.gif
○ I hope PR1MA does a good job & put more passion into it as this are people's home to be paid off in 30 years, not some job just to subsidize the lower income class
*
I'm one of the successful applicant.

May I know where did you get the RM284k? The official website did not put a price tag.

Also, I was under the impression that PR1MA's mandate is that the ceiling price should be RM400k. With a maximum size of 1,000 sq ft, that would translate to about RM400 psf. Did I missed out anything??

With regards to the bad points you pointed out, my biggest concern


MrLoo
post Jul 20 2017, 05:26 PM

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QUOTE(e-lite @ Jul 20 2017, 02:46 PM)
Good luck then based on your rumors! Please read the clause before you sign on the dotted lines. Don't say Unker never warn you beforehand rclxms.gif
Please show proof as Menara Puteri, Menara Pelangi is all at RM359-RM560psf. Alila / Establishment is not a fair comparison
I wouldn't let my sister walk from that LRT station to Prima Brickfields if she stays there.  ranting.gif  Her safety is more important any house.
*
1st point - http://www.thesundaily.my/news/2131507
2nd point - Ok my bad, psf was around 500-600 on average
3rd point - I do believe in things will change drastically after 3 years, not crime rate but maybe a safer route to LRT? Maybe la...
e-lite
post Jul 20 2017, 06:28 PM

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Emotional points

1. If PR1MA doesn't have a show scale model on that day, I'll storming off straight away. Never buy what you can't see.
To me, the guardhouse entrance facade is very important. A grand & wide guardhouse entrance and nice building paint color scheme is more important than the quality of the floor tiles.


2. Where do you see yourself in 10-15 years?

The house will only be a good buy when you can see yourself staying there for at least 10 years or more.
My best friend always said, "Buy what you love, not just because it's the cheapest one in the market." You want to come back home everyday to something you're happy with and proud of.

For myself, after 13 years (10 years stay + 3 years construction) I will be 43 years old, I would like to be settled down with my current girlfriend and have 2 beautiful kids.
Live in a comfortable-sized house for 4 pax and sometimes my parents/in-law to visit. Nice community with my neighbours, good schools, safe enough for my kids can walk / cycle to school, green park for my kids & their friends to play in. Maybe because I want to give my child what I had and even more.

I just don't see it that happening in Brickfields. Alam Damai is a better neighbourhood but traffic in peak hours is terrible.

If you can't see yourself living there in the future, then give others who needs it more to have it.


If this is your first-time home buying, do actually go look around and what the market has to offer overall then only decide if PR1MA is the best choice for you. Go spend a day in their showhouse (sometimes got free food) by IJM, PJH, Gamuda, DPC, EcoW because they really put an effort into making your house into a home. RUMAWIP also has some very good affordable options at RM200k-RM300k too.

Ok bye guys, enjoy your home buying process.
wizardofoz
post Jul 20 2017, 09:49 PM

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I am the successful applicant too. Does anybody know what documents I need to bring on unit selection day?
melz84
post Jul 20 2017, 09:51 PM

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QUOTE(wizardofoz @ Jul 20 2017, 09:49 PM)
I am the successful applicant too. Does anybody know what documents I need to bring on unit selection day?
*
i'm curious too.. later i'll go see see other thread for other balloted pr1ma project and see if they have already went for the open house

MrLoo
post Jul 20 2017, 11:31 PM

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Me too successful... any insights ? haha
spunkyly
post Jul 21 2017, 12:02 AM

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got selected too..applied back in 2015..so long forgotten d..
to buy or not, really depends on the selling price..anyone have more info on this? blink.gif
wizardofoz
post Jul 21 2017, 04:56 PM

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QUOTE(melz84 @ Jul 20 2017, 09:51 PM)
i'm curious too.. later i'll go see see other thread for other balloted pr1ma project and see if they have already went for the open house
*
I think I'll just prepare the standard documents required to apply for a home loan. Wonder when is the unit selection day? Will it be soon or we have to wait another couple of months?
MrLoo
post Jul 22 2017, 09:32 AM

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QUOTE(wizardofoz @ Jul 21 2017, 04:56 PM)
I think I'll just prepare the standard documents required to apply for a home loan. Wonder when is the unit selection day? Will it be soon or we have to wait another couple of months?
*
What is standard document? all those posted in pr1ma website?
gshock_kaki
post Jul 22 2017, 12:24 PM

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QUOTE(wizardofoz @ Jul 21 2017, 04:56 PM)
I think I'll just prepare the standard documents required to apply for a home loan. Wonder when is the unit selection day? Will it be soon or we have to wait another couple of months?
*
i called them and they asked to wait for email & sms. any whatsapp group for this selection? haha..
gshock_kaki
post Jul 22 2017, 12:27 PM

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QUOTE(e-lite @ Jul 20 2017, 06:28 PM)
Emotional points

1. If PR1MA doesn't have a show scale model on that day, I'll storming off straight away. Never buy what you can't see.
To me, the guardhouse entrance facade is very important. A grand & wide guardhouse entrance and nice building paint color scheme is more important than the quality of the floor tiles.


2. Where do you see yourself in 10-15 years?

The house will only be a good buy when you can see yourself staying there for at least 10 years or more.
My best friend always said, "Buy what you love, not just because it's the cheapest one in the market." You want to come back home everyday to something you're happy with and proud of.

For myself, after 13 years (10 years stay + 3 years construction) I will be 43 years old, I would like to be settled down with my current girlfriend and have 2 beautiful kids.
Live in a comfortable-sized house for 4 pax and sometimes my parents/in-law to visit. Nice community with my neighbours, good schools, safe enough for my kids can walk / cycle to school, green park for my kids & their friends to play in. Maybe because I want to give my child what I had and even more.

I just don't see it that happening in Brickfields. Alam Damai is a better neighbourhood but traffic in peak hours is terrible.

If you can't see yourself living there in the future, then give others who needs it more to have it.


If this is your first-time home buying, do actually go look around and what the market has to offer overall then only decide if PR1MA is the best choice for you. Go spend a day in their showhouse (sometimes got free food) by IJM, PJH, Gamuda, DPC, EcoW because they really put an effort into making your house into a home. RUMAWIP also has some very good affordable options at RM200k-RM300k too.

Ok bye guys, enjoy your home buying process.
*
wah.. u got the unit there? if you don1, can let go to known associate? we are interested.
MrLoo
post Jul 22 2017, 12:35 PM

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QUOTE(gshock_kaki @ Jul 22 2017, 12:24 PM)
i called them and they asked to wait for email & sms. any whatsapp group for this selection? haha..
*
Yea me too got this standard reply... what's the must document? Salary slip, ccris, epf n ic? Other if never bring ok?

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