Development: A 24-storey commercial project with retail shops and SOFO Suites

Phase: 1 out of 2

Blocks: Block A and B

Location: Jalan 5/62A Bandar Menjalara overlooking Villa Manja and Desa ParkCity

Close to three MRT stations under MRT Line 2 and the DUKE Highway Phase 2 - Sri Damansara Link and Arcadia Commercial at Desa ParkCity.



This post has been edited by accetera: Apr 18 2019, 12:44 PM

Rendering:

Since ptlm is advocating this project, perhaps some clarifications?
1. Rumoured to be under hda? Confirmed? But more importantly why?
2. Is this development meant for residence, office or both?
3. Why sofo instead of others?
Cheers pat

Answer is...come to ptml coffee talk. Lol.

1. We thought developer is offering an attractive deal for buyers atm. Margin of profit is certain, hopefully. That's why they silently "collected too many cheques" like their other projects in Jalan Ampang.

2. It is planned to be under HDA* because developer willing to volunteer to follow HDA guidelines as they thought this would give buyers more protection and time for payment. (it's like volunteer to be GST-registered)

*Pending further confirmation. End financing would be on commercial loan terms.

3. Dual usage.

4. Planning is for SOFO Office with compulsory, assigned carpark (1 or 2) and all first rooms are master bedrooms with ensuite bath. Some sizes come with separated wet and dry kitchen. All layouts are just like condominiums.

Many more SOFO products coming into market due to various reasons.

The developer is "related" to the famed Boon Siew Group.

This post has been edited by accetera: May 4 2015, 08:00 PM

Good. Boon Siew related.
Psf indicative 650?

Even follow schedule H but without developer licence is legally different from being under hda, right?

So it is office but sold as residential units?? Got GST or not if intention is as residential and sold as residential??

End financing on commercial terms means EF bank treat this as commercial product i.e. office??

DMC will have any restriction on office or residential purposes?

It is getting very confusing, sorry to say...

This post has been edited by CMW123: May 4 2015, 08:52 PM

this 1 need lobang to buy?

Yup. Cheah hit the nail on its head.
Being under hda means much more than just following the schedule of payment.
While you mentioned it is dual usage, why then the terminology of sofo instead of soho at the very least.
Anyway, to each their own.

Siapa Developer?

Dodgy product again.
say sofo but sch H.. subsale value will be lower than svc apartments as well..

as kochin mentioned, why not jus sell it as a soho or svc apartment?

Summer suites in the making?? when VP will have those office card access n then still say resi?

Funny investors luv it. Buy first think later.

.

This post has been edited by ManutdGiggs: May 7 2015, 11:04 PM

So many sofo n sovo out there.....serious no one can give a firm answer. If no answer...party ll still on la.

Writing up some guidelines on SOHO/SOFO/SOVO so that people could lookout for certain elements when buying, i.e. washing machine/kitchen/pantry water outlet etc.

Also agent like to sell.. any successful sofo/sovo so far? Others pls dun include empire soho...

I always think those SOFO/SOXO product is mean for investor who able to skip LTV 70%..

Is still grey area whether can stay or not...

This post has been edited by seanooi880327: May 8 2015, 04:15 PM

Lotsa self claimed sifu or guru or irresponsible indi say can. Many vested parties say sure can. So guess who shouted louder who 'll b the winner.

Blindly buy won't die wan. Just won't b safe.

Due diligence.

sofo/sovo/soho again

Soho never an issue la....

Bro, are you saying you are going to write one? That will be a great help to all of us.

today got private launching wor, anyone got this?

head on with WS3. Chi kek

westside 40% gone.. 900k unit selling like hot cake..

This post has been edited by jepertine90: May 30 2015, 12:13 PM

Boss you outdated liao, latest info sold about 55%

Where is it? Maybe no hot bankers

Any latest update about this project?

By the ptlml again? Actually can they sell property? They r not real estatr agency le.

This post has been edited by propertybbb: Jun 25 2015, 10:14 PM

hallo this project lauch d?
wat is the price psf for the smallest unit??

how much sold out? anyone have the latest numbers

Yeah, selling from RM630psf. Units from 475sf, 483sf, 504sf, 524sf, 585sf, 648sf, 832sf, 833sf, 951sf

Now is still for registration & booking right ?

Long way to launch, i think.

Yup, same like The Henge and Arte, pay booking first but can't choose unit first

Which Arte ? Mount Kiara/Segambut ?

that one my fren told me can signing s&p, no ?

This post has been edited by forever1979: Aug 6 2015, 03:38 PM

Agent replied say this is under HDA and development under SOHO. pricing from rm630 psft.

This post has been edited by yck1987: Aug 7 2015, 12:04 AM

dont get cheated, Soho cannot be HDA....

Boss arcadia Soho is hda

Flexible office, i think ppl call it SOVO is not under HDA, i bought 1 before.

maybe SOHO possible.

They called it "the first SOVO under HDA" by voluntary basis. But I think the developer will convert it to SOHO but then this requires a full amendment of DO and is very time consuming.

Now Arte MK can sign s&p d. Months before this during April they collected cheques from interested buyers but only to place interest, can't pick unit

SOHO can be under HDA whereas SOVO, SOFO or whatever you call it can't if I'm not mistaken

This post has been edited by Fat3Twister: Aug 7 2015, 08:33 AM

I still don't have much info on this project...mind to tell me who is the exact developer ?
Developer reputation is most important factor for me

Developer is VST Group from Penang.

Tq boss

I think general info posted before on fb.

any agent can pm me more info about this?

I think they are having a booth in Tesco Kepong currently but the response seems like

Estate agents nowadays seems not having logical sense that this part of the forum is for discussion only.
Haiz.

Back to this That booth opened in Tesco Menjalara served by estate agency. Best of luck for this kind of dev in such a small space. Anyway location wise is good.

I asked the agent. RM630psqf for prelaunch price. Next month onward is rm750psqf. Good luck in selling.

it is weird this project. Little information, and even if there is, the information is partial. For instance, maintenance fee and sinking fund is missing. Any ideas anyone?

that why i already take back my 20k deposit and buy citizen old klang road . i pay deposit since may , until now also no any information

WOW...you actually paid 20k and they return it, which is good la. I wonder what is it they are trying to do. SOHO, SOFO, or SERVICE APT? Lately I am starting to notice this trend, as I restart engine to survey property market status

Dev reputation play a part dun just listen to agents or gurus

I am unaware of any gurus or agent preaching on this particular spot.

O did some reading on their site, this developer (from penang) background is building gov hospitals, schools etc. That is where they came from. What does that say? They seem to deliver, but am afraid they have zero credentials on managing a MIX condo development. They also have little credentials on building condos. So, to 'launch' (if you can call it that) in such a manner is looking very bad on them. Nonetheless, this is a fantastic location, and my Kepong friends are like YES, I WANT! What say you?

U really wanna stay at tis place? Pls visit d exact location b4 u place ur booking.

haha! no need to visit, I see online already know. Which is why I told my friends, why not buy this instead, so cheap psf. Got a lot of room for up up up, WHEN JMB do their work well and ramp up the place nicely. Here, very nice. Walk a bit got DIMSUM, steamboat, tesco and happy hour Geographer. Nice what they say.

Not sure why this kind of dev in such a tight space can be approved.

Backlanes of eateries. Ini malaysia, just imagine how's the situation

Entrance /exit how ar

ya , take two month to return back . waste time only . and last time say 3 room unit is 833sf , but suddenly change to 811sf and price same cause corner unit add 20k .

many unit in small land area . that why i change to citizen even my loan is approve.

Boon Siew Group behind them.

Boss, i think u shud visit and have alook...any1 familiar with kepong area also will tell u to visit...then only share us the results

He ald make up his mind, best of luck and we'll know either up up up or d other way round.

Is there any discount for this project?

no discount at all.90% loan

tht area should be very easy to rent out, but very unlikely will have higher end tenants ...

Many foreign talents awaiting to rent it at low rental.

myanmar workers from the Chinese restaurant?

Basically, our foreign expat kawan cn upgrade from stay in shoplot to highrise
If really allow to do so, then the rental should be not bad..
also this is soxo..again..can stay ah?

still haven confirm when lauching for this project?

So now confirm under HDA? all rate also residential? convert to soho?

Really HDA ? then its a very good value !

not sure, my fren told me 1.. tats the reason i ask here

bearbearwong

BBB

SOVO but opt for HDA.

But I'm not sure whether they have changed it.

Boss, then how bout all those utilities rate?

Commercial.

well.. i just checked up with lawyer SOHO under HDA since from last year. =)

Can go to TNB or Syabas change to commercial rate.

So is this property invest-able? Any sifus

Site is hoarded.

hi sifus and taikos...

any update on this project?

anyone can tell me where is the sales office? thanks!!

Parking gonna be a big issue


Attached thumbnail(s)

parking need to park in tesco. After this i think Tesco carpark will be quite full and then will have problems liao.

Any update on this projects?.. Surrounding of the projects look like already stop construction after election

so it looks like gonna complete soon ... bracing for traffic nightmare. On the plus side all the shops nearby (like Lims mee pok) gonna experience huge boon in business

Any developer unit left, mantainacnce how much

Seems like completed.

Completed with ccc no much update
Got 2 houses open light at nite.. All empty

Latest picture now... Drone fly...

Wonder Any developer unit left



This post has been edited by dave1987: Apr 21 2019, 09:49 AM

Can walk to steamboat street

This place very ong.

Parking will be big problem.

Time to enforce paid parking.

This post has been edited by New Klang: Apr 21 2019, 10:31 AM

Oledi enforced but u can stil c big cars pea brains

My understanding still got few more units left only.

looks like level of parking+ shops is more than level of units in this development

This post has been edited by Looi90: Apr 22 2019, 11:35 AM

I passed by this property few times at night. seemed like no one to less people staying there.🤔

If got developer unit left can go see

Any comment on this property?

if b smallest unit, better buy rumahwip
if b largest unit, better buy higher building besides

B?