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Investment THE LEGACY OUG, Luxury Living in Overseas Union Garden

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JackDan
post Apr 11 2022, 03:51 AM

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Joined: Jul 2010
QUOTE(meiyan95 @ Apr 10 2022, 10:11 PM)
I have checked out the project by myself yday. It seems like a very good location for own stay but unfortunately not for investment. The price of the property around the area has been stagnant for years. Theres some consideration even for own stay.

Tower B will be the lowest price for own stay & investment.  For type A 1050sf nett will be 652k with booking fees 1k, RM621/sf Maintenence fees will be RM0.35/sf. Taking into consideration of the bigger the area, the higher the maintenence fees, i think its not quite worth it for the big unit even though the RM/sf is RM591/sf for bigger unit. But looking at the final price landed will be ard 830k for 1400sf and needed of RM486.50 maintenence fees a month, i will rather go for a smaller unit in Est8 Seputeh.

But then for own stay OUG is more accessible for food, groceries (NSK) and to everywhere easily according to my bf. I personally dun have the sense of direction. lol biggrin.gif

This is my 2 cents. Any one can assure that the exterior wall is using normal clay brick / facing brick?

I saw the sales gallery is using normal clay brick which is brittle and will be moulded very soon its not weather proof like those in Sg long. The sales person told me it will be normal clay brick only. And the actual site location has not started with the external wall construction so I am not sure what kind of brick and exterior would be after this.

There's very less info about this project and it is very uncommon for a project which has built to this extend and still have alot unit unsold.
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The unsold units could be due to targeting 2nd generation buyers who are already familiar with OUG.
However, the very same people are also familiar with the congestion there.
Also there is a HTC which is on higher ground and close to the building too.
Triangular land plot may not be popular amongst the Feng Shui believers.


 

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