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Investment 622 residential subang alam
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Babizz
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Jan 28 2015, 10:48 PM
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QUOTE(BRE @ Jan 27 2015, 09:24 PM) Boss, can see some comments on LYN itself, it was built by Tan & Tan, 20 years condo so lots of wear & tear unless the unit that you are considering has just been renovated fully & extensively, price oso not cheap leh! Furthermore, the tiles used must be those small 1ft x 1ft not so nice tiles! I would rather pay the same price for a brand new condo in 622 lo! 260 units higher density than 622 la! U want to buy for investment or own stay bro? Buy Putra Residence la, still got units left ma! Nearer to LRT station and Chinese school  Boss, Not interested at all with Seri Hijauan. Just using that as part of my comps for 622 residential. Long term rental plan here la. Yeah i don't really like old condos cos people might move over to new ones. Not interested to stay in this part of town
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Babizz
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Jan 28 2015, 10:51 PM
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QUOTE(gloriachew @ Jan 28 2015, 01:18 AM) I do not have any other information regarding Seri Hijauan, but I remember I search last time (about 5 years back) that time selling price already reach 4xxk, so the return is really high. Putra Residence is SIME Darby Property, so it could be high return value also. I just found out 622 SA also build another office suite/service apartment at Section 27, call 591SA. Location similar to 622 SA walking distance for 10 minutes, but I can only tell "good luck" for anyone who bought 591 (84 units), right opposite (METUBE factory and also 2 petrol station in front). The factory have music reminder every a few hours, also just next to the main road not a good location. Anyway, my point is 591SA they already sold RM5xx per sqf, for 622SA I could not imagine what is the price they are going to sell. My current imagination is they might target RM500 per sqf or above. Wah, U really expert here la. Yeah 591 Damansara still got few units as per FB post. That one hotel suite with bes western which is like the proton of hotel chains Do u know how's the sales in 591? are u living nearby. I don't touch any props near factories unless high class light industrial like Glenmarie. My interest still doesn't lie in this side of Shah Alam but will consider 622 if the price is right
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Babizz
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Jan 29 2015, 08:42 AM
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QUOTE(BRE @ Jan 28 2015, 05:34 PM) Can see more info on 622 from developer's website - 18 storey with 153 units, unit size from 954sft to 3123sft & 4 levels of carpark & 337 car park bays, so on average each owner should be getting 2 car parks, 3123sft is a super huge penthouse, should be occupying the whole floor! Assuming only 1 unit of penthouse, so every floor should be around 9 units only. They said the distance to the Alam Megal station is 1.5km away (not 800m meh???  ) They are also developing Bangsar Trade Centre. This area got demand for penthouse ah? I see sri acappella penthouse selling for 2 mill plus. big big balcony.
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Babizz
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Jan 29 2015, 10:27 PM
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QUOTE(BRE @ Jan 29 2015, 01:44 AM) That is why maybe 1-2 units of penthouse only lo bro, cannot build too many? Can la, the CEO/MD of the factories nearby may want to stay there!  Yeah.. 1/2 penthouse is a good idea but sometimes it cn be hard to clear off penthouse units of average/mid end condos la. 3000*500 is 1.5mill CEO/MD usually keep something else inside the penthouse
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Babizz
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Feb 4 2015, 10:40 PM
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Babizz
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Feb 5 2015, 09:20 AM
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QUOTE(BRE @ Feb 4 2015, 05:15 PM) haha yeah.. this developers track record good or not?
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Babizz
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Feb 8 2015, 12:28 PM
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QUOTE(BRE @ Feb 4 2015, 11:06 PM) No idea at all bro, can check out their current projects ie Bangsar Trade Centre & 591 Damansara. This 622 with 153 units is really very low density, so if the price is below RM500psft should be worth considering? They have a future condo project in Melbourne, so I guess they should be financially strong? i scared too low density thn can keep up with maintenance as our electricity provider is screwing all commercial developments n residential as well. I recently visited my friends condo in the lima batu condo in PJ n was shocked at how dim the lights were at night.. reli cut cos cos cnt afford lor Dis 622 will be even harder to maintain at 153 units.
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Babizz
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Feb 9 2015, 09:13 AM
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QUOTE(BRE @ Feb 8 2015, 07:07 PM) Bro, you sure the dim lights is because they are cutting cost? Pros & cons la with low density, the pros are lesser chances of getting idiotic owners who dont pay maintenance fees, lesser crowds to share the facilities in the condo, easier to conduct AGMs, easier to conduct events in condo to foster good relationships among the owners/tenants etc. The cons will be higher maintenance fees due to low density(?), JMB may cut cost because of lower fees collected etc. If the developer can launch this 622, I am sure they have their way to ensure that maintenance will not be a problem when it's handed over right???  Should be cutting cost la.. jus like setiawalk only half d corrido lights are switched on although high dense.. nvmni think dis condo maintenance looks like not a problem haha
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Babizz
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Feb 9 2015, 03:44 PM
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QUOTE(BRE @ Feb 8 2015, 10:40 PM) Bro, I thought Setia Walk all sapu-ed finished oredi? Why only half d corridor lights are switched on? So you interested in this 622 bro?  If the developer do the same to their future project in Melbourne ie switch on only half the corridor lights prior to take over by JMB then malu lor!  mmg sapu habis but cant afford to switch on the lights cos maintenance tak cukup. JMB did it la..no choice mah.. too many entry n exit point.. bro last time u were interested in BJelutong condos ?
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Babizz
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Feb 9 2015, 03:54 PM
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QUOTE(BRE @ Feb 9 2015, 01:46 AM) Yup bro, how did you know? I was looking at Suria Residence but didnt buy, cant afford 30% dp!  Let me get another better job 1st lo, then I will consider investing again! Comparing Ara D and BJ, I think BJ has lesser new condos. How about you bro? Which prop did you buy & which prop you are eyeing now?  Why maintenance fees tak cukup if all sapu-ed???  Owners not paying or fees too low? too many entry/exit points so need more guards.. was running thru surias thread las night when i saw quite a few condos near the mosque in BJ. Yeap BJ fewer new condos but fact remains that the whole area of suria residence will be mid-high density with so many condos right beside each other.. even suria residence (whichever newer one) is quite high dense with more than 150units per acre.. BJ no catalyst fr highrise investment.. target who? lucky u didnt buy..In SA, i bought emira stadium view 2 bedroom at 550psf so 490+k Dis 622 is low dense, so not too much competition la unlike BJ condos.
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Babizz
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Mar 2 2015, 06:44 PM
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QUOTE(Gomz1205 @ Feb 21 2015, 02:43 AM) Any indication on the launch date? Gomz boss also want this? did u call them up n ask?
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Babizz
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Mar 3 2015, 03:19 PM
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QUOTE(Gomz1205 @ Mar 3 2015, 01:12 AM) no lah BRE kor, one enough in one area. now Babizz kor is showing me TIGER HILL so must save up peluru if mau pancut sana!  Oh didnt know u bought Putra residence. How much psf ah? around 600 psf right? tiger hill btr location than dis one
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Babizz
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Mar 3 2015, 03:42 PM
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btw, measure this on wikimapia n around 650m to LRT station.. apparently cn walk thr n access will be frm both sides. can bre kor confirm with me?
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Babizz
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Mar 4 2015, 10:00 AM
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QUOTE(BRE @ Mar 3 2015, 02:26 AM) Tiger Hill in Ipoh with lots of Tiger show?  Nt tht one.. ipoh no new jobs.. dnt buy property thr  This one we talking GEO Bukit rimau. N ill consider ur teh tarik offer This post has been edited by Babizz: Mar 4 2015, 10:03 AM
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Babizz
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Mar 4 2015, 10:06 AM
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QUOTE(Gomz1205 @ Mar 3 2015, 02:53 AM) yeah bro bought 1 unit at PR, tower B facing the lake. at that time no other choice, so I got the rejected loan ones. price was approximately 595 psf after rebates. Acceptable pricing by putra heights standards. ur target market is just families? If 622 just 500psf fr 1ksqft unit, u think its fair? i see the developer current projects workmanship look quite good.
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Babizz
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Mar 4 2015, 06:57 PM
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Babizz
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Mar 5 2015, 12:06 PM
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QUOTE(BRE @ Mar 4 2015, 05:22 PM) Bro, which agent did you call? I didnt know tht the developer has appointed an agent to handle the sales.  i find sloanes contact number la. seems like they share the phone number with another company. So i spoke directly with developer staff.
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Babizz
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Mar 6 2015, 02:24 PM
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QUOTE(BRE @ Mar 5 2015, 04:38 AM) Sharing phone no. with another Co???  Weird la bro! Duno maybe i was wrong but someone who doesnt know a single thing abt prop picked up n then when i said sloane they were like wait. No worries, their current projects look quite good
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Babizz
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Mar 9 2015, 09:22 AM
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QUOTE(Gomz1205 @ Mar 6 2015, 10:09 AM) No target now, will decide when completed. 622 @ 500 should be a fair price I thnk especially with lrt close by. However I'm not an expert in this area and I don't really know the developer so my assessment does not hv any basis. my views on d developer are purely based on current projects progress.. no insider news frm former buyers also  i feel if the area gt lrt but commercial is weak nt really beneficial? am i wrong? This post has been edited by Babizz: Mar 9 2015, 09:26 AM
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Babizz
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Aug 29 2015, 09:44 PM
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what happened to this project? any news of d launching date?
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