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Investment AVARA SEPUTEH, The real 5 minutes to Mid Valley City

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JonathanIB
post Jul 20 2018, 10:04 PM

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Me tooo haha
JonathanIB
post Jul 22 2018, 08:27 AM

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This not a place to do Airbnb
Even u wanna do I don’t think management and Community will allow
Reason: a lot Own stay here and Developer is within the building
JonathanIB
post Jul 23 2018, 01:16 PM

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There is last unit facing KLCC. Quick grab
JonathanIB
post Jul 23 2018, 04:58 PM

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QUOTE(hazwan_zohdi @ Jul 23 2018, 03:20 PM)
Which floor, can c klcc or not?
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KLCC view cannot see KLCC. Then I got no terms for that
JonathanIB
post Jul 23 2018, 06:27 PM

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QUOTE(DesRed @ Jul 23 2018, 06:00 PM)
Me four. laugh.gif

3-storey Terrace house at my area can dy go up till 1 mil. Detached houses can dy go up till 2 - 3 mil plus.
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Where is ur area? smile.gif
JonathanIB
post Jul 23 2018, 10:16 PM

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QUOTE(BEANCOUNTER @ Jul 23 2018, 10:09 PM)
Klcc direcrion view?
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Haha whatever u wana call it smile.gif
Its the view
JonathanIB
post Jul 24 2018, 12:53 PM

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great! smile.gif
JonathanIB
post Jul 25 2018, 10:18 AM

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Dont think many buyer here wanna review themselves leh.
JonathanIB
post Jul 25 2018, 12:59 PM

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QUOTE(DesRed @ Jul 25 2018, 11:00 AM)
Sure there will be some, but they wouldn't put in their unit no. laugh.gif

And there are also those who don't frequent this site or just lurk around at most.
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Haha thats what I mean. No privacy leh buying a luxury condo but annouce out tongue.gif
JonathanIB
post Jul 28 2018, 01:59 PM

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The construction already reaching first floor...
JonathanIB
post Aug 5 2018, 12:38 PM

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Southbank cannot fight in terms of density and quality here
JonathanIB
post Aug 5 2018, 10:07 PM

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Sorry to interrupt
Mind I share my view
Why walk to MV? Unless really just window shopping without buying anything... even so I don’t want to walk under hot sun and dangerous
Secondly, got bus shuttle to send to mid valley leh. Of course la, some might argue got schedule la this and that.
Thirdly, I think people who stay here (I mean ppl who able to buy here, hardly wanna walk to MV with the pathway.
Lastly 5 or 7 or 10mins, I think this is walkable distance if really accept to walk.

No offense, just my point of view

This post has been edited by JonathanIB: Aug 5 2018, 10:08 PM
JonathanIB
post Aug 6 2018, 04:49 PM

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Cantik
JonathanIB
post Aug 6 2018, 05:56 PM

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Walk is something wont come to my mind.
As too many unexpected factor, say safety, weather, traffic, shopping etc...
JonathanIB
post Aug 8 2018, 12:06 AM

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Thinking of having an odor body with sweat to aircond place... somemore u go shopping with smell... haha no no.
JonathanIB
post Sep 3 2018, 09:02 AM

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QUOTE(syria @ Sep 1 2018, 03:39 PM)
May I ask, when they say FREE all legal fees, what does that comprise? Meaning no added expenses on our part? Apart from downpayment?
  I can't even remember now, but I think their flyer also stated free STAMP duty. Or more like salesperson did not mention need to prepare for these extra expenditure. However in booking form that we sign, it only states the price, not mentioning any of the other items we are promised, such as free aircond, refridgerator, washing machine etc. No mention of what freebies come with it. I suppose it will be in the SPA? Anybody can enlighten?
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Yes everything will be stated in sub agreement in spa. Basically free spa legal, loan legal and loan stamping
JonathanIB
post Sep 7 2018, 10:06 AM

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QUOTE(chosenlc @ Sep 5 2018, 01:12 AM)
how nice if they can acquire the land beside and build a park there
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Can’t as Owner don’t want to sell
JonathanIB
post Sep 14 2018, 12:00 AM

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QUOTE(IcyDarling @ Sep 11 2018, 08:01 PM)
I believe u still need to pay MoT. Which is the most sakit one. But others all included i think. Jz pay the remaining down payment
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Yes MoT need to pay
But that same with most projects in the market
Just norm
JonathanIB
post Sep 15 2018, 11:33 AM

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QUOTE(DesRed @ Sep 14 2018, 04:21 PM)
Feel like I'm getting old dy. Lost track of every new working concept being introduced these days. First its co-working spaces, now its co-roasting. laugh.gif
*
Haha funny
JonathanIB
post Sep 15 2018, 11:35 AM

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QUOTE(Hamter Rocks @ Sep 15 2018, 12:33 AM)
AVARA SEPUTEH @ Old Klang Road

Developer : Ba Sheng
Expected date of completion : 2021
Land size : 1.39acre
Freehold (Commercial under HDA)
Total units : 366 units (2 blocks)
Build up : 667sf - 1216sf
Maintenance fee : Super expensive $0.50/psf
Selling price : $900-1000psf

Selling points
Walking distance to KTM Midvalley
Walking distance to Midvalley

Competitors
North Point Residence
1300sf - RM1.2-1.3mil (rental RM4000)
Menara Seputeh
1000sf - RM600-650k (rental RM1500-1800)
Abdullah Hukum Apartment
750sf - RM350k (rental RM1800)
Seputeh Permai
1300sf - RM660-680k (rental RM2500)
Bukit Robson
1000sf - RM700k (rental RM2000-2500)

CONCLUSION
Avara Seputeh is putting itself in similar levels to Northpoint and Gardens Residence at RM1000psf, which both are in Mid Valley City itself.
For such a premium price point, I expect the ones who can pay RM4000/month in rental to want the absolute convenience to really walk casually to Mid Valley. Thus, the notion of Avara providing bus to Mid Valley? 🙄
If I can afford the luxury of RM4000/month, I don’t think I will take bus. Just my personal opinion.
Most studios in areas like Bangsar South, KLCC or even Mont Kiara generally at present do not cross $2500/month rental (invisible ceiling cap price).
Thus I don’t think even buying the studio in Avara (with the most optimistic calculation) you’ll be able to breakeven considering the cheapest unit is RM560k (which translate to monthly loan of RM2400, with the expensive maintenance fee (RM300/month), you’re looking at RM2700/month to breakeven.
Looking at the rentals of 3 bedroom going for RM4000 in Mid Valley City itself, do you think people will pay RM2500 for a studio outside Mid Valley City?
I don’t think you’ll have difficulty exiting this project as this is prime area.
But the fact that it does not have adequate boosters (just that measly KTM which frankly I hate to use), makes buying a property at RM1000psf less attractive to me as an investor.
The only selling point is it’s proximity to Mid Valley. That’s all.
Do note that Eupe’s Vivus I heard is going to be $1200-1300psf.
Insane.
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How can compare apple with lemon? My goodness
Apartment flats all in the list? Must as well compare rumah mampu milik then


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