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Investment NIDOZ RESIDENCES | RESIDENSI D'NURI [OT], The Colours of Freedom is Nestled Here

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lamode
post Sep 10 2015, 11:27 AM

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just signed 7xxk loan with RHB at 4.4x% without insurance rclxms.gif

quite happy with the banker's efficiency n service notworthy.gif

This post has been edited by lamode: Sep 10 2015, 11:34 AM
lamode
post Sep 10 2015, 12:11 PM

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QUOTE(EgKev @ Sep 10 2015, 11:47 AM)
Nice, is this full flexi?
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yes. fully flexi.

QUOTE(Hunakadoo @ Sep 10 2015, 11:42 AM)
so fast can get loan already ker ?
i tot november only can sign snp ?
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RHB and Affin can do without APDL.. if u want other bank, then wait a bit lo..
lamode
post Sep 20 2015, 07:32 PM

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QUOTE(18830 @ Sep 19 2015, 10:38 AM)

Here is the bird view of site

Facing KLCC VIEW means u will annoyed by school assembly noise and kg baru nite rhythm (dogs barking)
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all the buyer with KLCC view jalat d loh? hmm.gif
lamode
post Dec 15 2015, 02:25 PM

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any update when to sign SNP? hmm.gif
lamode
post Dec 18 2015, 07:12 PM

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just an email from EXSIM.

user posted image
lamode
post Dec 21 2015, 10:37 PM

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QUOTE(moomoosky @ Dec 21 2015, 09:01 PM)
N'Nuri consist of 1.5k unit
skyawani also with 1.2k unit

both also high density
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then skip both projects lo tongue.gif
lamode
post Jan 15 2016, 09:17 PM

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QUOTE(123456789 @ Jan 15 2016, 12:48 PM)
So far, RHB approve loan at somewhere around 4.4% p.a.

Any others banks that we can apply?
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can try affin, maybe can get slightly better rate. tongue.gif
lamode
post Mar 2 2016, 11:40 PM

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QUOTE(duckevo @ Feb 26 2016, 04:45 PM)
779,700 before rebate...
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thanks for sharing.
the SA must be so happy that u booked a unit.

the market has been slow n a lot of cancellation due to delay of SNP of almost 8 mths.

block D owners paid deposit in Aug if I recall correctly.
lamode
post Mar 6 2016, 12:28 PM

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SA seems to be uncertain, 50% 50% if SNP can be executed in Apr... hopefully no more delay la sad.gif
lamode
post Mar 20 2016, 08:26 AM

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limwc78

any confirmation on when to sign SNP?
lamode
post May 21 2016, 11:52 PM

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One of the lawyer that appointed by Exsim to handle my purchase is lack of knowledge about this project, and wanted to charge me legal fees for loan agreement.

To those who are about to sign or purchase, be caution and careful with the solicitor appointed by Exsim to avoid being taken advantage of, especially first time home buyer, i hope there will not be another victim.

This might be intentional or unintentional, either way it is unprofessional and unethical.

Details has sent to Exsim, I am still waiting reply from management before sharing whole story in public... ranting.gif bangwall.gif furious.gif

Update: I just received a call from Exsim, they acknowledged the feedback and actions has been taken to rectify the issue.

This post has been edited by lamode: May 23 2016, 10:37 AM
lamode
post May 23 2016, 10:39 AM

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QUOTE(chicaman @ May 22 2016, 10:40 PM)
Bro booking form stated

FREE legal fees on SPA
FREE legal fees on Loan Documentation and Stamping Fees

Please share your story if everything go south
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I won't be sharing it as I just received a call from Exsim, they acknowledged the feedback and actions has been taken to rectify the issue. smile.gif
lamode
post May 31 2016, 02:55 PM

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here got some more details https://forum.lowyat.net/topic/3553331/+1120
lamode
post Jun 5 2016, 08:40 PM

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QUOTE(richardkong @ Jun 3 2016, 08:31 AM)
good place to own stay. investment is tough. i don see rental exceeding rm2k in this area for partial furnish. reason: no office population nearby, huge supply. put 10% down, it will be a long long time before ur rental breakeven with ur installment. however tis prop is cheap. family who bought and stay shud enjoy good rental yield n sale price once u r thinking to upgrade 10-15 yrs after vp
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couldn't agree more... own stay is rclxms.gif , but investment wise hmm.gif hmm.gif
lamode
post Jun 5 2016, 10:05 PM

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QUOTE(brandon85 @ Jun 5 2016, 08:59 PM)
Your analysis is correct provided that the development in the area stays status quo. You've also rightly pointed out that it is good for own stay (location + price).

In terms of the timeframe of return on investment, I beg to differ. How investable this project is dependable on 4 things:-

1. The success of Bandar Malaysia (5min drive away from Nidoz)

If you're telling me that it's only Malaysian companies involved in the project, I'll be very sceptical about its execution. However, China Railway Engineering Corp ("CREC") is the owner with significant stake. CREC is a Forbes 100 company and with its financial strength, the landscape at the old SG Besi airport will change. As a start, CREC has committed to build a RM2bil regional HQ which will be completed within the next 5 years.

Bandar Malaysia will bring in a number of working professionals and expats. The 458-acre project is set to transform Greater KL to be a truly world class city.

2. The high speed rail factor

KL and SG have both agreed to build the HSR. The question is when will it be completed? 2022? 2025? The earlier it is completed, the better it is to Nidoz.

3. Infrastructure such as Duke highway 3 which makes a central location like Desa Petaling even more accessible. It will be a game changer. Duke 3 is firmed and will be completed in 2020.

4. MRT line 2 which is 7min to 10min drive away.

I'm not talking about empty promises but projects which are firmed. With the above, I believe the owners of Nidoz will make handsome return within 2-5 years upon completion, rather than 10-15 years.

My2c
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thanks for sharing your views smile.gif thumbsup.gif
my expectation is much lower and less optimistic, but as a buyer, i hope i am underestimated the potential.

1. i used to work in huawei and i do not believe in China companies anymore. But one company doesn't speak for all, so we shall see... either way, bandar malaysia will have it own residential components, which i think may have some spoil over effect to Desa Petaling, but at a minimal level.

2&3. same as above, good to have, but minimal effect.

4. people will be looking for walking distance or transit oriented development if MRT is important to them.

if it outperforms my expectation, i will be happy and take it as bonus smile.gif

This post has been edited by lamode: Jun 5 2016, 10:08 PM
lamode
post Jul 5 2016, 02:22 PM

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QUOTE(leongkokloon @ Jul 4 2016, 03:08 PM)
So, you guys buy to invest or stay?
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own stay for me.
i think for investment, psf is a little too expensive as compared to sub sale in the vicinity.
lamode
post Jul 17 2016, 01:13 AM

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QUOTE(bearbear @ Jul 13 2016, 12:29 PM)
so what is the discount now? 15%?
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yes same
lamode
post Jul 17 2016, 12:28 PM

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QUOTE(JasmineM @ Jul 17 2016, 10:11 AM)
how is 15% work?
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it has been discussed before in this thread, just search it or call Exsim directly.

lamode
post Aug 24 2016, 09:06 PM

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QUOTE(leongkokloon @ Aug 23 2016, 04:45 PM)
yes its for own stay... not sure if its okay to share the info here... and bought it last month (when there were quite a number of units left on block A and B. While Block C and D fully booked)
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wah block A open for sale already biggrin.gif
lamode
post Sep 3 2016, 11:15 PM

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QUOTE(DS4 @ Sep 3 2016, 08:55 PM)
Invester point of view,

This development is not sustainable socially and environmentally,

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so any suggestion for a more sustainable project?

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