QUOTE(brandon85 @ May 29 2016, 02:08 PM)
My gf has just signed SPA for a unit in Nidoz & thought of registering in Lowyat to share some views
We've been comparing a number of new launches in Klang Valley and considering that it is RM500+ psf, semi-furnished, Exsim's brand name & workmanship coupled with its proximity to the city, we thought that this is one of the best deals which falls within the budget. Let me share some thoughts & analysis:-
Pros
1. Reasonable price for a 4 rooms condo (RM5xx psf for 1219sqft)
2. Direct & easy access from KL-Seremban
3. Semi-furnished (only need to buy bed and simple furniture to move in)
4. Exsim's workmanship
5. Easy entry package
6. Residential title (cheaper utility bills)
Key upside factors (considering it is only RM5xx psf) with OKR, Bkt Jalil, Kuchai Lama all selling above the range):
1. Duke 3 re-alignment is confirmed (can google it & announced by Ekovest). It will run in parallel to Bandar Malaysia & connect KL-Seremban (South) to Kerinchi (PJ) & Jalan Tun Razak (KLCC area). It will hugely improve the traffic and shorten the travelling time from Nidoz to PJ/KLCC. Expected completion is 2020. Not many people is aware about this.
2. Bandar Malaysia factor. With CREC (top Forbes 100 company) coming in, it will turn out to be a success & just a matter of time for projects to be completed i.e. HSR, MRT 2 (confirmed), CREC regional HQ (confirmed), etc. It's a mere 5-10min drive to Bandar Malaysia from Nidoz.
3. Hexa commercial area (right next to Nidoz where there will be furniture & electrical appliances showrooms). The standalone & bigger lots facing KL-Seremban are open to be leased to F&B chains.
4. Influx of high networth individuals with Desa Hills Petaling (bungalow selling at RM3m+) to be completed in 2H16 which will change the demographics of Desa Petaling.
5. Bkt Jalil factor - With Pavilion2 and OUG Paradigm coming up b4 2020, Nidoz will be benefited due to the proximity to the area.
6. 2 upcoming MRT stations with park-and-ride facilities (Kuchai Lama & Taman Seri Naga) within 7min - 10min driving distance.
Of course there are considerations:
1. No. of units 1,300 in total in 4 blocks (competition to sell/rent). The silver lining is that rather to have all the 4 blocks to share a common facility - there will be 2 equal sets of facilities on the respective rooftop (Tower A+B & Tower C+D). Total land area is 6.8 acre for Nidoz (not too bad at unit/acre) & 1.4 acre for D'Nuri.
2. D'Nuri RumaWIP factor - I dont think it will affect capital appreciation as it cant be sold within 10 years. Rental of Nidoz may be hard pressed if many D'Nuri units are rented out (technically not allowed within 10 years as well).
3. A small sewage plant next to D'Nuri - heard from the staff that Exsim will cover the plant & beautify it.
4. Leasehold (subjective to everyone's opinion)
All in all, I think it is worth the consideration if you are looking for own stay or investment (more of a capital appreciation angle).
Congrats Pros
1. Reasonable price for a 4 rooms condo (RM5xx psf for 1219sqft)
2. Direct & easy access from KL-Seremban
3. Semi-furnished (only need to buy bed and simple furniture to move in)
4. Exsim's workmanship
5. Easy entry package
6. Residential title (cheaper utility bills)
Key upside factors (considering it is only RM5xx psf) with OKR, Bkt Jalil, Kuchai Lama all selling above the range):
1. Duke 3 re-alignment is confirmed (can google it & announced by Ekovest). It will run in parallel to Bandar Malaysia & connect KL-Seremban (South) to Kerinchi (PJ) & Jalan Tun Razak (KLCC area). It will hugely improve the traffic and shorten the travelling time from Nidoz to PJ/KLCC. Expected completion is 2020. Not many people is aware about this.
2. Bandar Malaysia factor. With CREC (top Forbes 100 company) coming in, it will turn out to be a success & just a matter of time for projects to be completed i.e. HSR, MRT 2 (confirmed), CREC regional HQ (confirmed), etc. It's a mere 5-10min drive to Bandar Malaysia from Nidoz.
3. Hexa commercial area (right next to Nidoz where there will be furniture & electrical appliances showrooms). The standalone & bigger lots facing KL-Seremban are open to be leased to F&B chains.
4. Influx of high networth individuals with Desa Hills Petaling (bungalow selling at RM3m+) to be completed in 2H16 which will change the demographics of Desa Petaling.
5. Bkt Jalil factor - With Pavilion2 and OUG Paradigm coming up b4 2020, Nidoz will be benefited due to the proximity to the area.
6. 2 upcoming MRT stations with park-and-ride facilities (Kuchai Lama & Taman Seri Naga) within 7min - 10min driving distance.
Of course there are considerations:
1. No. of units 1,300 in total in 4 blocks (competition to sell/rent). The silver lining is that rather to have all the 4 blocks to share a common facility - there will be 2 equal sets of facilities on the respective rooftop (Tower A+B & Tower C+D). Total land area is 6.8 acre for Nidoz (not too bad at unit/acre) & 1.4 acre for D'Nuri.
2. D'Nuri RumaWIP factor - I dont think it will affect capital appreciation as it cant be sold within 10 years. Rental of Nidoz may be hard pressed if many D'Nuri units are rented out (technically not allowed within 10 years as well).
3. A small sewage plant next to D'Nuri - heard from the staff that Exsim will cover the plant & beautify it.
4. Leasehold (subjective to everyone's opinion)
All in all, I think it is worth the consideration if you are looking for own stay or investment (more of a capital appreciation angle).
May 30 2016, 10:14 AM

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