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Investment GAMUDA GARDENS & KUNDANG ESTATES @ RAWANG, Together 2 townships worth RM11 billion

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danielcmugen
post Sep 19 2018, 10:39 AM

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Ive been reading the last few pages. GG always being compared with EG. But I still dont know what EG stands for lol.
danielcmugen
post Jan 21 2019, 11:19 AM

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Perhaps one of the selling point of this project is the close proximity to the mountains. From the illustration photos, the mountains and lakes look like taiping lake gardens. Got other projects within Klang valley offering this?

On another note, how much is GAIA? I rmb seeing the prices but i cant find it now.
danielcmugen
post Feb 10 2019, 11:21 AM

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Recently visited the sales gallery, the cheapest terrace variant (Agalia?) already sold out. While GAIA apartment starting price is around rm370k before rebate. The lower floors that were priced lower mostly sold out.

Here are my thoughts.

Pros:

1. Very hilly area, should look nice once the lakes and waterfalls are completed. There arent many areas in klang valley with such hills. They even plan to have hiking trails.

2. Their masterplan is a self sustainable township with schools, shops, offices and even a college. Dont need to go to rawang tesco. Also the college will be near GAIA, hence potential for student rental market.

3. Direct access from NSE. Dont need to go through the kampung at all once the flyover is built. Unlike eco grandeur and others at puncak alam, still need to pass through the bad roads if im not wrong.

4. People who are travelling at the NSE may stop by to visit the retail outlets next time.

Cons:

1. The surrounding areas are indeed very ulu. Not sure about the character of people there. I hope GG dont end up as a rempit hangout spot.

2. For it to be a self sustainable township, there needs to be people visiting the shops at least. Desa parkcity's retail success also rely on the massive kepong + sri damansara population. Here i dont know. It's not that near the old rawang town. Maybe target those from new townships such as M Aruna and people travelling at NSE. Or even the kampung population, maybe they are not that poor.

3. It will take time for GG to be self sustainable. For the time being, you need to travel far or pay toll to get basic ammenities.
danielcmugen
post Feb 16 2019, 04:02 PM

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QUOTE(aaron1717 @ Feb 15 2019, 10:22 AM)
who will be the anchor tenant? confirmed signed TA already? your first phase maybe less than 100 houses will be VP... and less than 40% will be moved in within the first 3 years... u think those tenants can tahan how long with such low volume business... unless gamuda subsidized them 9 9 to stay there... lol...

4-6% paper gain dont say la xiao jie... all properties in klang valley easily got more than that paper gain....
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SA told me the tenants are not confirmed yet. The shops are sold to 3rd party and thereafter not managed by gamuda.

 

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