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

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JohnnyBSunday
post Apr 21 2017, 01:11 AM

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I've booked 2 units of Nidoz on Block C. I'm buying it purely for investment purpose employing a certain property pairing investment strategy. After studying deeply and comparing with surrounding new projects, I'm very convinced with this project. Anyone have concerns and still sitting on the fence for this project can pm me.
JohnnyBSunday
post Apr 21 2017, 01:42 PM

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QUOTE(kennyoct88 @ Apr 21 2017, 09:57 AM)
mind to share here too ... what is the point u convinced this project to bought two unit for investment ?
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Many reasons, will be too many if i say everything here.

To sum it briefly,

1) Access to future megaeconomic center/ catalyst to Bandar Malaysia (possibly the biggest development in MY the next 10 to 20 years)
Nidoz is about 3km radius from it. But more importantly is the travelling time, only 1 traffic light then access to KL- seremban highway will reach there straight away.
DUKE 3(confirmed) which will be completed in 2020, will shorten further the travelling time to TUDM (Bandar Malaysia). DUKE 3 will also shorten travelling time to PJ (at least 15 mins
because can bypass the entire federal highway) and you can go to KL/Ampang faster via DUKE 3 as well
By the way, Bandar Malaysia will be launched from at least 2000psf to 2500k psf. Nidoz is only RM 550psf to RM600psf
The ripple effects of this project is such that it can potentially transform Greater KL in the long run. Desa Petaling is one of the areas that will experience the 1st wave of the ripple
effects

2) My confidence in Exsim as a developer. Beautiful facilities and facade is their hallmark. Nidoz will have 3 swimming pools. 2 infinity pools facing klcc/kl city skyline + PJ. Park with
pond, mini zoo and organic farming, UV coated Glass covered indoor badminton court, mini extreme park etc. Very comprehensive facilities that are not so commonly found in
other condos

3) The layout size of 12xxsf and 14xxsf with 4 and 5 rooms targeting families and extended families is quite unique compared other new projects in the surrounding areas
Currently most projects are offering mainly 1 and 2 and 3 bedrooms. Layouts of 1 to 3 rooms below 1000sf will be the trend of the future new projects.
Those who wants to stay with their parents or extended families yet still near to city center will have limited choices as landed properties will be too expensive for these
younger generations of buyers

This post has been edited by JohnnyBSunday: Apr 21 2017, 01:46 PM
JohnnyBSunday
post Apr 21 2017, 06:01 PM

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QUOTE(Karen1995 @ Apr 21 2017, 03:13 PM)
Great analysis! but one thing to remember, you must have holding power. If just thinking to flip it once completed, sure gg.
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You are correct, this is a negative cash flow property so need to have some holding power for sure. Planning to hold it anywhere from 6 to 10 years.

This post has been edited by JohnnyBSunday: Apr 21 2017, 06:02 PM
JohnnyBSunday
post Apr 22 2017, 01:22 AM

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QUOTE(smaysunlaw @ Apr 21 2017, 09:29 PM)
This ain't brief bro..  thumbup.gif Same reasons here.. just to add on..

4) Located on midlevel of the Desa PEtaling hill. If you believe in Fengshui, it is lucky to have this midlevel hill location as you will receive the backing of the hill behind you and open area in the front of the hill (facing klcc). Most importantly it is higher than the road. This is the most auspicious location for a home or business. Where in KL city centre can you find a new property built on a hill selling at RM 500-600 psf? 

5) nett price may seem high 600-700k but please bear in mind what layout (sf), # of rooms, facilities, location and developer you are looking at before comparing it to those selling at RM~5xxK. Split the additional 100k over 30 years it's few hundreds different. Ask an online mortgage calculator if not a SA

6) Financial free until VP if you choose to pay off interests/settle loan using the 15% rebates.

my 2cents..
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Great points to boot! The Feng Shui aspect is a revelation to me! Thank you mate!


 

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