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Investment OUG Parklane (Genuine buyer only) - Version 2

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TS1282009
post Apr 24 2015, 11:48 PM

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QUOTE(tnang @ Apr 24 2015, 10:56 PM)
Long time not there, not sure.
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Shops already opened:
http://www.parklaneoug.com.my/directory.php

Shops opening soon:
99 speedmart
clinic
gym


TS1282009
post Apr 28 2015, 08:39 PM

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QUOTE(Babizz @ Apr 27 2015, 05:21 PM)
I bliv 1 bank may come in, McD n KFC also i bliv but definitely not Starbucks la.. this is mid end apartment at the border of mid cost n small market if any for starbucks.. good market for local kopitiam though..

I bliv when occupancy hit 70%, many more businesses will come in.. Massage parlour sounds like another busines oppo n also can rent out those apartment for  brows.gif  brows.gif  brows.gif

Anyway, any office open there ah? like those SME etc?
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I also doubt about Starbucks & I don't think is important anyway. Prefer banks, bakery shops, more chapfan/hawker type kopitiams, telcos, stationary, etc.. Heard MBB will be opened like some speculated.
Btw, 99 Speedmart will be opened 10th May.

This post has been edited by 1282009: Apr 28 2015, 08:39 PM
TS1282009
post May 8 2015, 09:14 PM

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QUOTE(98188729 @ May 6 2015, 12:37 PM)
By the way, all the security is running 24 hours. Which condo/service apartment security is not running 24 hours. I no chanllenge ur sentences.

Whether the 24 hours security really take efficient and efficiency? I saw a lot of security at condo with no proper doing their duty such as u take u ur hand, the security will open the door for u to entry and if u quite close with the security, the guard can simply allow outsider to entry the premises.

like Scott Soho, it really very low security even is 24 hour security. vmad.gif  vmad.gif  mad.gif
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Agreed. Actually the thing that amazed me with Parklane is that there's cctv at nearly every corner (even at carpark). In short, u can't escape without the view of the camera.. LOL. Again, someone needs to really monitor the activities to make the security "effective".



This post has been edited by 1282009: May 9 2015, 12:15 AM
TS1282009
post May 29 2015, 09:58 PM

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QUOTE(DrPitchard @ May 29 2015, 11:07 AM)
Finally, completed my reno after 2 months.
Gonna stay in for 1 year before moving again.
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Tastefully designed.


TS1282009
post Aug 1 2015, 09:36 AM

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QUOTE(aewer @ Jul 31 2015, 04:38 PM)
wait to see your sexiest grill.
have quite number of nice car over Parklane.in my block have M,B.and many more.but for my view,afford to buy a nice car,doest means have to stay bungolo.is just like i afford to buy a mil watch,but i dont like to have a nice car.......
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Not surprised. Many could be shop lot owners.


TS1282009
post Aug 1 2015, 03:23 PM

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QUOTE(DrPitchard @ Aug 1 2015, 03:14 PM)
Well, I told them my reason, which is security, whereby with the electronic key card lock, best if hands can't reach in. Further more, there is the shoe cabinet there and I would hate to take legal action against them if shoes go missing due to the fact that I have to install the normal grill

They did not reply after that. LOL

Base is 4231P - Light Pewter. Momento is MS152
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Good that they didn't object. I heard they launched couples of police reports against some owners who hack the walls.


TS1282009
post Nov 10 2015, 02:12 PM

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Another 13 months to form own JMB? I reckon environment will improve.


TS1282009
post Jan 15 2016, 10:25 PM

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QUOTE(DrPitchard @ Jan 15 2016, 06:17 PM)
LOL, that basically differentiates between those who are successful in property investment and those that are not. Those that are pessimistic can continue on bashing Parklane OUG in this forum for years to come, I couldn't care less.....hahahahaha. My entry point is low RM300k, that's all I care, the macro picture.

By the way, cheers and congrats to you too.  rclxms.gif
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TS1282009
post Feb 9 2016, 03:59 PM

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QUOTE(tnang @ Jan 29 2016, 02:13 PM)
if good tenant help you to pay installment, nothing wrong even rental a bit low, current market value is 1300 for semi-furnished.
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How abt full furnished low floor with 1cp? Been renting out for 1.6k, soon to be 1 year. 1.7k doable for renewal..


This post has been edited by 1282009: Feb 9 2016, 04:00 PM
TS1282009
post Mar 9 2016, 09:35 PM

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QUOTE(DrPitchard @ Mar 9 2016, 03:35 PM)
Buying a property in cash, doesn't mean that one can leave it empty or rent it out at a very low price below market rates. Ultimately, need to make sure that the return that I am getting from here is just as good if not better than money in a piggy bank (FD).

By the way, going to shift out end of this year. Looking for someone to rent it then, but at a very attractive price. As long as the person takes care of it, I'm fine.
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The key is find a good agent with good tenant. I guess I'm lucky (for now).

F/F unit never goes below 1.5k even in PL wink.gif


TS1282009
post Mar 11 2016, 05:59 PM

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QUOTE(98188729 @ Mar 11 2016, 11:30 AM)
Actually we can see whether the agent is good or bad. A good agent will help you to filter all the potential tenant before really rent out your unit and this may cause a bit long time to rent out. Besides that, the agent will follow the reasonable price which the owner set to rent out. I do received a lot of agent asking me to rent out my unit with 1k and they say the market there is like that and like this. I tell them that I can do fully furnish the unit with 1.5k rental. you know wat they say. they ask me to hold long long and nobody will rent the unit. What type of agent you are...

I even tell them since you got many unit on hand which willing to let go at the price, why you still call me. really fed up on their services.

End up, i met an agent who really provide me a good service to sold out my unit since last year when economic not in so bad condition.

I really appreciate her services  notworthy.gif  rclxms.gif  thumbsup.gif
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Can't agree more. I also met a good agent. She really did a good job by looking for only good local tenants. She even filtered out not so good / suspicious local tenants for me.


TS1282009
post Mar 11 2016, 06:02 PM

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QUOTE(puchongite @ Mar 10 2016, 10:35 AM)
May I know how much you spent to make the unit fully furnished ?  Just want to know as I often get caught in whether to fully furnish or partial furnish my prop.
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Below 20k which include furniture, appliances, plaster ceiling, lighting, grills, etc..


TS1282009
post Dec 16 2017, 12:43 PM

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QUOTE(DrPitchard @ Jun 3 2017, 09:45 PM)
Should be able to easily fetch RM1.6k if its fully furnished, if not more. Rented out my fully furnished unit a few months back at RM2k. Bought the unit back during launch for RM350k so the rental now is indeed quite a handsome return, especially since it was a cash purchase. Perhaps need more time in finding the right tenant. Of course, the unit should be nicely positioned, as far as furnishing and packaging is concerned.
If the right client, should be able to fetch even higher. My unit's yard area isn't even renovated, no proper cooking area, except for the induction hob given by the developer. But I threw in a good leather sofa and also dining table together with a connected island with solid marble top. Only 2 queen beds as the smallest room is a study room, with a nice study table and a book shelf.
RM2k.
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Good for u. This is for mid to long term anyway. My FF is 1.65k, 3rd year renewal with the same tenant wink.gif


This post has been edited by 1282009: Dec 16 2017, 12:45 PM
TS1282009
post Dec 27 2017, 05:20 PM

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QUOTE(soolim88 @ Dec 27 2017, 09:47 AM)
BS Management Sdn Bhd. They are doing their job. Improving but not a great one yet.
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Agreed. They also list out those units owing maintenance fees on the notice board. With that kind of density, they are still managing well. Was told the lobby and lift just been refurnished and card access is now needed to enter carpark lift.

TS1282009
post Dec 23 2018, 06:40 PM

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QUOTE(AskarPerang @ Dec 22 2018, 11:10 PM)
Once again no bidder yesterday. This is unbelievable.
Vacant unit and unblock view.
Green block. High floor.
Just that this unit is exclusive for BUMI only.

Is now really crazy price. New price as below:

PC1-2708, No. 1, Jalan 1/152, Taman OUG Parklane
Reserve price 🔥🔥RM 230,400🔥🔥
Freehold
950 sqft
Auction: Jan 2019
*Vacant unit
*For BUMI only

» Click to show Spoiler - click again to hide... «

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This is really cheap. If I am a bumi, I will get this. Fully renovated unit can fetch 1.6k rental here. Is this with 1 or 2 cp?

TS1282009
post Dec 27 2018, 01:04 AM

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QUOTE(AskarPerang @ Dec 26 2018, 10:46 PM)
Here is yet another case study to share.
1 year ago, owner bought this OUG Parklane unit via subsale at 500k. No idea this unit come ID renovated fully furnish or this is mark up to max bank valuation price.

user posted image

Today this unit in the auction market at 500k (first auction) starting since Oct 18.
Now at 405k (third auction): http://auctions.com.my/auctiondetails.aspx?ID=106700

Price will certainly drop to 3xxK before attracting any bidders.
Owner stand to lose out 150+k in just 1 year.
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The 1st row showing 830k which is impossible.

TS1282009
post Jan 17 2019, 08:43 PM

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QUOTE(AskarPerang @ Jan 17 2019, 03:43 PM)
6 bidders.
As expected when price get too cheap.
Sold at 285k. Haha.
If last month enter can win unchallenge at 256k. 30k amount save. No joke. Why always need to wait for the bottom last pricing only eyes open?
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285k is still very good price rclxms.gif

TS1282009
post Jan 20 2019, 05:15 PM

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New lobby in one of the blocks .. hope all blocks will have the same eventually.

user posted image
TS1282009
post Mar 24 2019, 11:54 PM

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QUOTE(AskarPerang @ Mar 23 2019, 11:43 PM)
You are right, grill not included.
Refer to this early bird launching post back in 2010: http://mytotallyproperty.com/blog1/oug-parklane/

Service apartment RM259k @ 950 sq ft which come with exclusive freebies
3 x air conds units
2x water heater
2 x shower screen
built in kitchen cabinet
3 x built in wardrobe ( bedrooms)
Free maintenance fees for 2 years
Free SPA and legal fees
1 cark park

Hmm....seems like the owner removed all the aircons already then.
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At later stage, other packages emerged. Bare unit is one option. I guess this unit could be bare unit.


TS1282009
post Apr 13 2019, 02:37 PM

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QUOTE(woolei @ Apr 12 2019, 10:39 PM)
not worth wor, subsales transaction start at 340k only
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Still acceptable since unit is brand new.



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