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

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BEANCOUNTER
post May 15 2019, 08:39 PM

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QUOTE(Mashpotatoes @ May 15 2019, 08:22 PM)
I mean... If Desa park city's Westside is more "atas" and popular in addition to the good surroundings, why is everyone getting avara or anywhere else instead of Westside? (Cause like you said, okr is not a place, just connecting road)
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If everybody stays at ATAS place, then who will stay at non atas place?

You just to ask randomly in yr office. Of three dpc mk and okr, which one woild they choose if they have won a property in one of the 3 locales.

Okr is the trunck road...this is fact and its not the location.
Okr serving pjs oug desa kuchai and seputeh.

Already explained earlier...same logic w fedHwy.
Why are people here so stubborn.

Did you hear ppl said i live at ldp, or nkve or npe boh?
Creamypotatoes
post May 15 2019, 08:50 PM

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QUOTE(BEANCOUNTER @ May 15 2019, 08:39 PM)
If everybody stays at ATAS place, then who will stay at non atas place?

You just to ask randomly in yr office. Of three dpc mk and okr, which one woild they choose if they have won a property in one of the 3 locales.

Okr is the trunck road...this is fact and its not the location.
Okr serving pjs oug desa kuchai and seputeh.

Already explained earlier...same logic w fedHwy.
Why are people here so stubborn.

Did you hear ppl said i live at ldp, or nkve or npe boh?
*
Yeah apologies for the stubbornness and the random AF questions about everything. It's just that I'm a first time buyer and I feel so overwhelmed with everything. Not only are there a lot of developments offering bigger and better "stuff" like better environments, premium-ness, etc, but also so many other factors to take into account.

Like for example, I saw DPC Westside subsale quite similarly priced/slightly lower than Avara's prices and the first thing that I think about is why?

Tldr: it's very overwhelming as a first time prop buyer and I feel conflicted as f about everything
BEANCOUNTER
post May 15 2019, 09:02 PM

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QUOTE(Creamypotatoes @ May 15 2019, 08:50 PM)
Yeah apologies for the stubbornness and the random AF questions about everything. It's just that I'm a first time buyer and I feel so overwhelmed with everything. Not only are there a lot of developments offering bigger and better "stuff" like better environments, premium-ness, etc, but also so many other factors to take into account.

Like for example, I saw DPC Westside subsale quite similarly priced/slightly lower than Avara's prices and the first thing that I think about is why?

Tldr: it's very overwhelming as a first time prop buyer and I feel conflicted as f about everything
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Dpc is considered ATAS place by many people. Its literally a dream to be part of dpc....but not for me thought.

Dpc is not the center of gravity. Of certain concentrated areas, there will be an uppmarket area.

You dun buy and live in atas place for the sake of atas. You buy where most of yr social activities are.

If u think westside subsale is cheaper than avara, wait til you nego w buyer n you will see how low it can go. Published price is just asking price.

Also you need to consider avara is a boutique standalone development. Developer will done and dusted the project once it finishes.

Dpc is a township development. Developer still have 'responsibility' to care for the township until they completed all land.

P/s last thing to remember....the buying part is the easiest.

This post has been edited by BEANCOUNTER: May 15 2019, 09:03 PM
Creamypotatoes
post May 15 2019, 09:29 PM

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QUOTE(BEANCOUNTER @ May 15 2019, 09:02 PM)
Dpc is considered ATAS place by many people. Its literally a dream to be part of dpc....but not for me thought.

Dpc is not the center of gravity. Of certain concentrated areas, there will be an uppmarket area.

You dun buy and live in atas place for the sake of atas. You buy where most of yr social activities are.

If u think westside subsale is cheaper than avara, wait til you nego w buyer n you will see how low it can go. Published price is just asking price.

Also you need to consider avara is a boutique standalone development. Developer will done and dusted the project once it finishes.

Dpc is a township development. Developer still have 'responsibility' to care for the township until they completed all land.

P/s last thing to remember....the buying part is the easiest.
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Isn't a township better in that sense? Because the developer has a continuous obligation to constantly keep things nice whereas once a building is done and dusted, they can just don't care anymore (or worse.. use crappy materials in building it)
lokgotz
post May 15 2019, 10:48 PM

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QUOTE(BEANCOUNTER @ May 15 2019, 09:02 PM)

Also you need to consider avara is a boutique standalone development. Developer will done and dusted the project once it finishes.

Dpc is a township development. Developer still have 'responsibility' to care for the township until they completed all land.

P/s last thing to remember....the buying part is the easiest.
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Avara Seputeh's developer will not "done and dusted the project". Their corporate office will be in Avara Seputeh. That is pretty much confirmed. Unless there is a need/have to, they will not be moving anywhere.

Their office was at the site for donkey years (IIRC, more than 5 decades). They moved to the back (sales gallery) to make way for the development. When it's done, they will be moving back to the building.

With their office there, they have the "responsibility" to maintain and care for the building. It's their image and reputation.
BEANCOUNTER
post May 16 2019, 09:25 AM

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QUOTE(lokgotz @ May 15 2019, 10:48 PM)
Avara Seputeh's developer will not "done and dusted the project". Their corporate office will be in Avara Seputeh. That is pretty much confirmed. Unless there is a need/have to, they will not be moving anywhere.

Their office was at the site for donkey years (IIRC, more than 5 decades). They moved to the back (sales gallery) to make way for the development. When it's done, they will be moving back to the building.

With their office there, they have the "responsibility" to maintain and care for the building. It's their image and reputation.
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haiz…..here we go again

if avara developer wants to have their own corporate office, why don't they build their HQ, owns the building and have its naming right as well?

once avara is completed, the cares and responsibility of the building, typically the resi units BY LAW will be handed back to residents, not Developer.
Am not sure who will maintain the retails or offices there. My guess will be the same jMb that took care of the resi units as well.

even if developer bought over few units of the retail space, their votes are not more than anyone else. unless they so hor sim donating ten of thousand of ringgit each year to the sinking fund.

and as buyers out there for this project, you guys should be worried more if the developer also playing puppet at the back of jmb. they will work to THEIR advantage than your interest. Few developers openly doing this to their completed developments.

have you guys seen MahSIng HQ?
BEANCOUNTER
post May 16 2019, 09:30 AM

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QUOTE(Creamypotatoes @ May 15 2019, 09:29 PM)
Isn't a township better in that sense? Because the developer has a continuous obligation to constantly keep things nice whereas once a building is done and dusted, they can just don't care anymore (or worse.. use crappy materials in building it)
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better or not, each to its own.

the +ve about standalone development such as avara is that they can benefit from existing facilities and amenities esp when comes to food and accesses. Good and brande school and etc....

for township, everything need to be planned and created, otherwise need to drive 5 to 10 mins for kai fan and etc.

ask people that stay at MK or DPC, can they tapou kai fam for under rm7 boh? within walking distance or drive under 5mins?
lokgotz
post May 16 2019, 11:02 AM

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QUOTE(BEANCOUNTER @ May 16 2019, 09:25 AM)
haiz…..here we go again

if avara developer wants to have their own corporate office, why don't they build their HQ, owns the building and have its naming right as well?

once avara is completed, the cares and responsibility of the building, typically the resi units BY LAW will be handed back to residents, not Developer.
Am not sure who will maintain the retails or offices there. My guess will be the same jMb that took care of the resi units as well.

even if developer bought over few units of the retail space, their votes are not more than anyone else.  unless they so hor sim donating ten of thousand of ringgit each year to the sinking fund.

and as buyers out there for this project, you guys should be worried more if the developer also playing puppet at the back of jmb. they will work to THEIR advantage than your interest. Few developers openly doing this to their completed developments.

have you guys seen MahSIng HQ?
*
Economics of scale. If they can build more, why only build an office? They are businessmen too. All businessmen are out to make money.

True. By law, the residential units are handed back to the residents. Maintenance of the commercial will be by the owner, which in this case will be the developer. Their votes are the same as anyone else.

So maintenance of the building will fall back to all the owners, developer included since they are the owners as well. Then why say the developer will be done and dusted after completion leh? They have an interest there. Why would they want to abandon it?

My point is that, since a huge part of the development will be owned by the developer and they will be based there, there is a high chance that they won't let the building go derelict. If need to, *maybe* they will donate money to the sinking fund just so that they can maintain the building since it's their reputation?

lokgotz
post May 16 2019, 11:29 AM

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QUOTE(BEANCOUNTER @ May 16 2019, 09:30 AM)
better or not, each to its own.

the +ve about standalone development such as avara is that they can benefit from existing facilities and amenities esp when comes to food and accesses. Good and brande school and etc....

for township, everything need to be planned and created, otherwise need to drive 5 to 10 mins for kai fan and etc.

ask people that stay at MK or DPC, can they tapou kai fam for under rm7 boh? within walking distance or drive under 5mins?
*
I agree on this.

I am currently staying in an "atas" place. Plenty of great food here within walking distance. Italian, French, Korean, Mediterranean restaurants and more. A lot of people come all the way here to my area just for these restaurants. Supermarket is Ben's and Jaya Grocer. Sounds nice but SUPER EXPENSIVE.

For people staying here, spending RM40-50 per meal per person is just ridiculous. At least for me. The nearest chicken rice is about 15 minutes drive away and that also one of the worst chicken rice I've ever had.


BEANCOUNTER
post May 16 2019, 12:03 PM

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QUOTE(lokgotz @ May 16 2019, 11:02 AM)
Economics of scale. If they can build more, why only build an office? They are businessmen too. All businessmen are out to make money.

True. By law, the residential units are handed back to the residents. Maintenance of the commercial will be by the owner, which in this case will be the developer. Their votes are the same as anyone else.

So maintenance of the building will fall back to all the owners, developer included since they are the owners as well. Then why say the developer will be done and dusted after completion leh? They have an interest there. Why would they want to abandon it?

My point is that, since a huge part of the development will be owned by the developer and they will be based there, there is a high chance that they won't let the building go derelict. If need to, *maybe* they will donate money to the sinking fund just so that they can maintain the building since it's their reputation?
*
Sir

Ppl build opis block doesnt mean they have to use all.
You can actually build opis block for sale to public yet can keep few floors for own use.
Since tis is commercial title...there is no any harder to sell offices than resi.

Is developer sapued all retails and office units in avara? Maintaining their own office snd building are two seperate matters.

Their interest at best is limited to few units of offices and there is no guarantee that they wont move out or not base there at all.

Again i dun see why all buyers are so excited about developer stationed at the same building you staying in.

And i still dun see how 'large part' of building is owned by developer.
Creamypotatoes
post May 16 2019, 01:36 PM

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QUOTE(BEANCOUNTER @ May 16 2019, 09:25 AM)
haiz…..here we go again

if avara developer wants to have their own corporate office, why don't they build their HQ, owns the building and have its naming right as well?

once avara is completed, the cares and responsibility of the building, typically the resi units BY LAW will be handed back to residents, not Developer.
Am not sure who will maintain the retails or offices there. My guess will be the same jMb that took care of the resi units as well.

even if developer bought over few units of the retail space, their votes are not more than anyone else.  unless they so hor sim donating ten of thousand of ringgit each year to the sinking fund.

and as buyers out there for this project, you guys should be worried more if the developer also playing puppet at the back of jmb. they will work to THEIR advantage than your interest. Few developers openly doing this to their completed developments.

have you guys seen MahSIng HQ?
*
Now I'm a bit afraid. Can you elaborate on how the developers can pull the strings? Because I thought each unit gets a vote etc and unless the developers own like 51% of the units in Avara, then they can't really pull the strings??

Also, are the unit owners paying for the commercial lots in the future? Is that why our maintanence charges+slinking fund is 0.40 sad.gif

Bu

BEANCOUNTER
post May 16 2019, 02:07 PM

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QUOTE(Creamypotatoes @ May 16 2019, 01:36 PM)
Now I'm a bit afraid. Can you elaborate on how the developers can pull the strings? Because I thought each unit gets a vote etc and unless the developers own like 51% of the units in Avara, then they can't really pull the strings??

Also, are the unit owners paying for the commercial lots in the future? Is that why our maintanence charges+slinking fund is 0.40 sad.gif

Bu
*
No. Resi owners are not 'supposed' to pay for commercial but not every cost can be clearly identified also.
Bcos of one title usually jmb will look after both parties interest.

1st yr...developer needs to joint hand w resi, hence the term jmb came abt (joint management board).
2nd yr...developer should try their best to pass down responsibility. Some cases it can but others find it difficult to acheived.

Yes every unit owner has one vote. But developer will have all the votes for unsold units as well as the so called office units.

Not all resi will vote or eligible to vote or want to vote.

See how the appointment of management team come about 1st.
lokgotz
post May 16 2019, 02:08 PM

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QUOTE(BEANCOUNTER @ May 16 2019, 12:03 PM)
Sir

Ppl build opis block doesnt mean they have to use all.
You can actually build opis block for sale to public yet can keep few floors for own use.
Since tis is commercial title...there is no any harder to sell offices than resi.

Is developer sapued all retails and office units in avara? Maintaining their own office snd building are two seperate matters.

Their interest at best is limited to few units of offices and there is no guarantee that they wont move out or not base there at all.

Again i dun see why all buyers are so excited about developer stationed at the same building you staying in.

And i still dun see how 'large part' of building is owned by developer.
*
Developer is keeping all the commercial units. The building is where their office is. They can opt not to maintain the building but like I said, their reputation is at stake so they will most probably do whatever they can to keep the building nice and tidy.

Of course there is no guarantee at all that they will move out in the future but from what I understand, unless they really have to, they will be based there.

The "large part" I'm talking about is the commercial units, which is the ground and first floor. It may not be large in term of votes but it certainly is large enough that they will want to maintain the building nicely. All comes back to reputation.


lokgotz
post May 16 2019, 02:09 PM

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QUOTE(Creamypotatoes @ May 16 2019, 01:36 PM)
Now I'm a bit afraid. Can you elaborate on how the developers can pull the strings? Because I thought each unit gets a vote etc and unless the developers own like 51% of the units in Avara, then they can't really pull the strings??

Also, are the unit owners paying for the commercial lots in the future? Is that why our maintanence charges+slinking fund is 0.40 sad.gif

Bu
*
You only pay for your unit.
HMMaster
post May 16 2019, 02:11 PM

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QUOTE(Creamypotatoes @ May 16 2019, 01:36 PM)
Now I'm a bit afraid. Can you elaborate on how the developers can pull the strings? Because I thought each unit gets a vote etc and unless the developers own like 51% of the units in Avara, then they can't really pull the strings??

Also, are the unit owners paying for the commercial lots in the future? Is that why our maintanence charges+slinking fund is 0.40 sad.gif

Bu
*
It depends on how many resi that participate in the voting... at my current place, the turnout is pretty low (<50%). And the developer can put their ppl inside the JMB if they want. (since they are also "owner")
BEANCOUNTER
post May 16 2019, 02:17 PM

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QUOTE(lokgotz @ May 16 2019, 02:08 PM)
Developer is keeping all the commercial units. The building is where their office is. They can opt not to maintain the building but like I said, their reputation is at stake so they will most probably do whatever they can to keep the building nice and tidy.

Of course there is no guarantee at all that they will move out in the future but from what I understand, unless they really have to, they will be based there.

The "large part" I'm talking about is the commercial units, which is the ground and first floor. It may not be large in term of votes but it certainly is large enough that they will want to maintain the building nicely. All comes back to reputation.
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Mate....

If developer goes all out to give the best impression of the building, who will eventually ended up paying????

If resi have enuf vote to stop developer from spending unnecessarily then its ok.

But if resi dun have enuf votes, guess who will be paying for the sui sui landscape and streetscape.
BEANCOUNTER
post May 16 2019, 02:20 PM

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QUOTE(lokgotz @ May 16 2019, 02:09 PM)
You only pay for your unit.
*

Tis is not correct.

The cost will be apportional to yr approved unir side...more or less.

Cost = common cost ground cost cleaninh cost cost of mght co and etc.
lokgotz
post May 16 2019, 02:28 PM

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QUOTE(BEANCOUNTER @ May 16 2019, 02:17 PM)
Mate....

If developer goes all out to give the best impression of the building, who will eventually ended up paying????

If resi have enuf vote to stop developer from spending unnecessarily then its ok.

But if resi dun have enuf votes, guess who will be paying for the sui sui landscape and streetscape.
*
That means residents/owners have to be active lor. They have the right to stop the developer from doing whatever they want like you said but they choose not to/lazy. Can't blame the developer if the residents themselves are not active right?

Maintaining the building also benefits the residents. It's just that the developer is there to make sure that happens. But if the residents choose not to maintain it nicely because of the cost, then the developer can't do much, which is why I said because of their reputation, the may donate to the sinking fund to fund the maintenance themselves.

Anyway, clearly we can't come to a conclusion on this but thank you for the debate. biggrin.gif
lokgotz
post May 16 2019, 02:29 PM

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QUOTE(BEANCOUNTER @ May 16 2019, 02:20 PM)
Tis is not correct.

The cost will be apportional to yr approved unir side...more or less.

Cost = common cost ground cost cleaninh cost cost of mght co and etc.
*
That's right. My bad. I was on a call when I replied this. Lol
Creamypotatoes
post May 16 2019, 05:20 PM

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QUOTE(lokgotz @ May 16 2019, 02:28 PM)
That means residents/owners have to be active lor. They have the right to stop the developer from doing whatever they want like you said but they choose not to/lazy. Can't blame the developer if the residents themselves are not active right?

Maintaining the building also benefits the residents. It's just that the developer is there to make sure that happens. But if the residents choose not to maintain it nicely because of the cost, then the developer can't do much, which is why I said because of their reputation, the may donate to the sinking fund to fund the maintenance themselves.

Anyway, clearly we can't come to a conclusion on this but thank you for the debate.  biggrin.gif
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Just wondering, were you the one that said you had a unit at avara? I think type G?

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