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Investment ENESTA KEPONG | RESIDENSI ENESTA KEPONG, Mixed dev including Affordable Homes

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mthc
post Mar 28 2017, 11:48 AM

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QUOTE(planc @ Mar 28 2017, 11:40 AM)
Both also mass production and similar price range...rumahwip in KL 350-400psf honestly not cheap, it create a very bad community and lack of parking issues..so how to grow 4-5% yoy
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Why are you comparing 300 units of enesta Rumawip to 4k plus units of parklane? And u are saying both are similar? I learnt today that 300 units is considered mass production

This post has been edited by mthc: Mar 28 2017, 11:48 AM
mthc
post Mar 28 2017, 11:52 AM

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QUOTE(planc @ Mar 28 2017, 11:40 AM)
Both also mass production and similar price range...rumahwip in KL 350-400psf honestly not cheap, it create a very bad community and lack of parking issues..so how to grow 4-5% yoy
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Plus.. it may not be cheap for you but it may be cheap for others. All comes back to affordability issues. If you can't afford then pls work harder to afford it. One man meat is another man poison. Don't blame others as you are being a sucker to the property price.

If it can't grow 4-5 percent yoy then it's the buyer lost la. Lol.

This post has been edited by mthc: Mar 28 2017, 11:53 AM
mthc
post Mar 28 2017, 12:38 PM

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QUOTE(planc @ Mar 28 2017, 12:08 PM)
Rumahwip leave it for other people who really need it, no need compare not even talk about yoy
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Errr I wasn't comparing but just merely gauging on its potential return as a friendly reply to a fellow forumer.

I Wonder who compared it with parklane 😬

This post has been edited by mthc: Mar 28 2017, 12:45 PM
mthc
post Mar 28 2017, 03:15 PM

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QUOTE(chuangsp @ Mar 28 2017, 02:47 PM)
Yes bro, not offended indeed it is more of sharing since it is a forum and I stand to be corrected from my finding and observation, neither am I guru nor sifu. The project is at registration stage indeed. So far the registration and take up rate are overwhelmed least to say. Like to the saying "proof of pudding is in the eating", buyers and agents whose bought it would be a better person to vouch for it.
Truth the way it is being marketed are difference after understanding the demographic and composition of people surrounding.

As for the façade, those buyers to decide, as "beauty is in the eyes of beholder " and a person poison could be another person's honey.

Enesta is being built targeting home makers, hence all units are with three rooms. There is none for studio, 1-2 rooms.

Hard for new home makers to afford something spacious unit nowadays, even a single storey at some areas around kepong and SD is above 600k, not including reno, stamp duty and legal fees. All these New project will provide them with low entry cost and partly/fully furnished.

A single storey 20x65feets will have roughly 900-1000sf of built up, and a new project with 1000-1500sf of built up will cost them 500K onward with low entry cost, with security, of course at a fees.

Thanks.
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Bro this forum can't get you many buyers la. A lot of tok kok and farting ppl only. The lumi sales gallery will be making way for enesta is it?
mthc
post Mar 28 2017, 04:40 PM

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QUOTE(trust4you @ Mar 28 2017, 04:21 PM)
bro what u mean? so means not first time home buyer also can buy?
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As long as u don't own any props in wilayah. U got 10000 props in selangor or JB or Penang also nvm
mthc
post Mar 28 2017, 04:51 PM

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QUOTE(trust4you @ Mar 28 2017, 04:48 PM)
how they will know whether u got property d or not?  Sign SPA?

Or if just booking other KL property but havent sign SPA, consider no property in KL yet right?
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DBKL lias with Stamp office gua..

And yes no prop
mthc
post Mar 30 2017, 04:36 PM

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QUOTE(stormsea7 @ Mar 30 2017, 04:30 PM)
Desa Kompleks was the first shopping mall in that area.

Before Tesco, Jusco, Big Aeon come up.
Well, if you can ignore the cemetery, then it seems like a good deal

That's why i am hesitating.

worried that there might be other factors that I overlooked
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Launched for 150K-200K in 2003 and Completed in 2007.

Current market price is 250K-300K.

Don't even need to overlook but with that kinda appreciation over 15 years is a big NO NO!
mthc
post Mar 30 2017, 05:43 PM

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QUOTE(SquareFt @ Mar 30 2017, 05:34 PM)
must be the "grave effect" laugh.gif
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KTM and MRT2 also cannot push
mthc
post Mar 30 2017, 07:16 PM

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QUOTE(stormsea7 @ Mar 30 2017, 06:54 PM)
nope
cemetery right beside the condo
the 2 building is the Kepong Sentral Condo

sole high rise building on the hill

the whole area surrounding it is all landed residential
so there won't be anymore new development
unless someone is willing to dig up the cemetery  laugh.gif
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Bro if nirvana cemetery still look okay due to the nice landscaping with fountains and ponds and pavements and those nice graves but this cemetery look really scary
mthc
post Mar 31 2017, 08:41 AM

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QUOTE(FishZhen @ Mar 31 2017, 01:08 AM)
When I last heard from the agent, they told me that the retailer under Enesta will be manage by their own management and not for sales.....Well~ But then saw this ...
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Dev will be keeping and managing the ground floors. First and second floors are for sale
mthc
post Apr 1 2017, 12:07 AM

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Ermm ground floor control tenant mix but second and third don't need to control meh?

Open Mah Kei and kai dau on the highest floor seem very legit.
mthc
post Apr 1 2017, 02:15 AM

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QUOTE(mydavidng @ Apr 1 2017, 01:43 AM)
Dear Sir.

Agents of Brownland Properties are not the regular REN. They are professional and responsibly agents who listen to directives to find targeted buyers.

Apart from that we will find these buyers, mid to upper end retailers. Basically, they invest and we help them make money with above average rental income.

The JMB will be the second level of control to ensure legitimate & proper business are conducted.

With these clear and definable goals, the Enesta is bound to succeed........

Thank You.

David Ng
for the Enesta
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Are u serious when you meant that you wont sell those second and third floor retails to any tom dick harry when if these Ali and muthu and ah hock want to buy? Means you will conduct an interview?

mthc
post Apr 2 2017, 08:57 AM

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Really too hard sell already. The rumawip component can easily affect the rental for enesta Kepong. You can't be both the sword and shield for this project.
mthc
post Apr 18 2017, 02:49 PM

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QUOTE(beebee @ Apr 18 2017, 02:26 PM)
BTW, im born and raised in JJ, when you have time for tea?
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Hahahahaha! Ignore these ppl la bro.
mthc
post May 1 2017, 11:19 AM

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http://www.theedgeproperty.com.my/content/...ce=facebook.com

Sales doing not bad it seems

This post has been edited by mthc: May 1 2017, 11:23 AM
mthc
post May 1 2017, 11:28 AM

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QUOTE(heavensea @ May 1 2017, 01:09 AM)
Break even = no -ve, ada hope for future appreciation.
Bbbuuu stoli sula sau dong tutup kedai, now popoti really forced savings (or own stay) as veteran always told young folks.

why hongkie invest in popoti?
their mortgage loan interest is 2%, refinancing is 1.7%.

Rental yield 4-5% = + ve

For mainland,
popoti need dp 30%. Those are financial vessel for rich business man to "guard" their money value (they bought full paid). Refinancing it when need to use money in future (while mainland popoti uuu).
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Where is Malaysia property market heading?
mthc
post May 1 2017, 12:45 PM

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QUOTE(trust4you @ May 1 2017, 12:38 PM)
What if i told you that you are wrong and  there is a better rumawip 300k with condo faci and less density  and no shitty substances around majiam htc and shit pond/ highway etc?  drool.gif
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Got MRT also? Less than 300m also? Clearly heavensea was embarking on MRT RUMAWIP?

Wah share your kind thought pls. 😋
mthc
post May 2 2017, 09:27 AM

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QUOTE(heavensea @ May 1 2017, 08:04 PM)
Imno (regarding investment purpose only),
Rumawip:
one way or another, Rumawip is detrimental to the property market in both of short and long run.

Size:
I think developer tried to make condo in affordable price by built it smaller but this trick doesn't work well as the price/sf doesn't go up as they anticipate due to affordable housing/ak/newly vp throw price/demands>supplies/speculation will be DDD and etc.

For those small units buyers in great location should not be an issue (theoretically), but for those sin ka lan area in middle of nowhere... good luck.

Investable: ?
Tolong la jangan buy a condo with investment purpose due to price "cheap only" without considering overall pictures.

The -ve not gonna restore like prime era of KL popoti market, maybe never?
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Perhaps bro.

There are also many other ways besides merely investing in condos etc also. Like student accommodation for rental yield etc..

Totally agree that far and ulu place condo is a big NO NO

This post has been edited by mthc: May 2 2017, 09:30 AM
mthc
post May 2 2017, 10:47 AM

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QUOTE(warrenbuffett @ May 2 2017, 10:44 AM)
Bro, if kepong is far, how about sg. buloh? or kota kemuning (PUCHONG south), people still buy like no tmr in that kind of areas.
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Bro I have never see Kepong as a far away land. I think you got the wrong person haha
mthc
post May 3 2017, 11:39 AM

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QUOTE(rocketcommercemy @ May 3 2017, 11:22 AM)
Already told early early, agents took the booking fees keep in FD or used for investment dunno how many months. After all, then only launch and if you being rejected return back the booking to you... Easy then borrow from banks or Ah Loong... Lolx
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Kindly advise how are thy suppose to do it given the cheque has yet to be banked in? Also the Cheque shall be returned to the respective buyers in the event of cancellation or rejected units isn't it?

How can they place the cheque in FD as you claimed given what mentioned above? I'm curious

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