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Investment TR RESIDENCE @ JALAN TUN RAZAK [OWNERS' THREAD], The Awakening of the City Centre Begins

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mthc
post Apr 6 2017, 03:39 PM

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QUOTE(AskarPerang @ Apr 6 2017, 03:29 PM)
I menyesal sudah now  cry.gif
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I got accused by those sekalian taikor taikor tycoon In rica thread for talking big and not doing anything for Rica some more.

Better don't mess with those taikor. 😏

Don't worry la bro. Confirm got release units. Just prepare bullet
mthc
post Apr 6 2017, 10:22 PM

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QUOTE(waiwai79 @ Apr 6 2017, 09:25 PM)
Saville Cheras still available, around 50 units while I go Old Klang road office.

MRT project is not measure by how far to KLCC but walkability to station or not... Example a new condo just 3km to KLCC and 1 km to MRT will not better than saville Cheras in term of traveling time.

Depend where u go. Saville Cheras station at line 1, TR at line 2
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150m to mrt/lrt/monarail very taxing walk meh? πŸ˜‘πŸ˜‘πŸ˜‘
MRT is also measured by how many station away to city centre. If it has 10 plus stops it will take u 30-40 mins to reach city centre. You are the first person I have heard number of stations don't matter LOL!!!

Line 2 has better stops like Bandar Malaysia and TRX and also ampang park interchange.

MKH is not good with high rise? That means a lot of other developers can Sao pei and close shop ady. πŸ˜‚

This post has been edited by mthc: Apr 6 2017, 10:23 PM
mthc
post Apr 6 2017, 10:38 PM

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QUOTE(planc @ Apr 6 2017, 10:26 PM)
Up till now haven't see MKH's masterpiece yet
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Kajang wouldn't have existed without them.
mthc
post Apr 6 2017, 10:39 PM

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QUOTE(planc @ Apr 6 2017, 10:37 PM)
Depend you are long term or short term investor, in long term, capers will laugh until d end
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For real? Haha.. I doubt that. In that case a small hut in seremban also will laugh till the end cuz it's long term. Long term who won't win?

This post has been edited by mthc: Apr 6 2017, 10:40 PM
mthc
post Apr 7 2017, 07:31 AM

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QUOTE(waiwai79 @ Apr 7 2017, 12:12 AM)
you r very good to twist other people word.
I just give example to compared a very nearby city project but more than 1km distance fr MRT station vs a cheras project but direct link to MRT (example Saville Cheras), definitely saville cheras will have shorter travelling time even more far from city.
I said depend where you go. Did you study line 1 and line 2 clearly?
Saviile Cheras station (Sri Raya), 6 stations to Sunway Velocity (Maluri Station), 8 stations to Tun Razak Exchange, 9 stations to Bukit bintang station.
Dont simply talk lah.....if dont know detail..will think you are very knowledgeable and fact driven.
Even as you talk, 30 minutes to city center by doorstep MRT from ur condo, consider very far? use back ur word, if 30 minutes from your condo to KL city area is unacceptable, other project all can Sao pei and close shop ady.

Last 2 week, i attend Gavin talk at MKH old klang road office, i just doubt why TR so hot selling....evenof high psf price, leasehold, MKH developer not good in high rise...so i just pointed out a sample saville cheras for investment kaki here to think about it... at least Saville Cheras around RM530 psf, FREEHOLD, direct 7 meter link bridge to MRT station condo will be more convenient (ex raining day) and safety (especially) night time.

Remarks: Both Saville Cheras and TR not my cup of tea, i just sharing my point of view only.
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Aiya why are u comparing something which is in ulu Cheras vs tun razak? Dude Cheras vs tun razak? U can call this an apple vs apple product? How is 150m to the station from TR is very far? U are only exposed to 20-30m of uncovered walkway and the rest are all covered. Like what you said, if u don't know details don't simply put words la.

Freehold vs Leasehold? So what if u don't like it. Not everyone here is so conservative like you where FREEHOLD only matters. The shit in FREEHOLD land smells nicer than the shit in LEASEHOLD land right? Do pick up gold from freehold land only then. I'd wonder how many ppl here made tons of money from Leasehold lands ady 😎

Remark: TR is my cup of tea and saville is not. Saville is located at a stretch where along jalan Cheras (from velocity to BTHO) where there are 10 of thousands units coming up where as TR is not. You should know this better than anyone else. Chill boss exchanging info only. πŸ™‚

This post has been edited by mthc: Apr 7 2017, 07:33 AM
mthc
post Apr 7 2017, 07:33 AM

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QUOTE(heavensea @ Apr 7 2017, 02:27 AM)
Hi there, I have no info about this (i aint pre launch buyer) but you can pm mthc. smile.gif
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I don't know about 850sf sorry.

Better don't tag me. I got accused of being an agent before. LYN consists of many funny ppl. Some butt hurt of You where as some loves to fart like a keyboard warrior.
mthc
post Apr 7 2017, 07:34 AM

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QUOTE(propertybbb @ Apr 7 2017, 12:16 AM)
but kajang prop def not masterpiece category lol..
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Yes you are right but they put kajang into the map. Haha
mthc
post Apr 7 2017, 08:15 AM

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QUOTE(planc @ Apr 6 2017, 11:21 PM)
Sentosa/tawakal staff smile.gif
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HKL staffs bro.
mthc
post Apr 7 2017, 08:38 AM

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QUOTE(cutealex @ Apr 7 2017, 08:34 AM)
Im enjoying the comments here while qaiting for the launching.
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God made everyone different. Some just hurts more than others. Life smile.gif
mthc
post Apr 7 2017, 09:41 AM

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QUOTE(waiwai79 @ Apr 7 2017, 09:28 AM)
Not apple to apple.... ? Compare MRT doorstep project even come from same developer... If this is not comparable, then I surrender.
Most of the market analysis / investor study all MRT line 1 / 2 /3  station nearby project to identify which project is more worthy, they are do the meaningness job.

Under ur mindset, TR to KLCC and TRX is 4-6 stations, Saville Cheras to Sunway Velocity, TRX, Bukit Bintang is 6-9 stations become a very huge difference until traveling time not acceptable. Do you understand the purpose of MRT?

But in other points, like FREEHOLD vs LEASEHOLD, it is totally not difference at all. I'm not sure what is ur comparison guidelines / intention.

I'm simple, I didn't promote Saville Cheras or look down on TR.
Just got chance visit the sales gallery and get some info about it.
I noticed the TR is LEASEHOLD, psf is high (RM7xx), the environment in Pekeliling bus station is just so so only. Then I just take a sample of other project like Saville Cheras to share it here with the potential investor/buyer here, If study properly, might get other nicer MRT doorstep project. That is my intention.
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Omg you are so senseless. You are comparing Cheras to tun razak and say it's Apple to Apple. Why don't I compare KLCC to CHOW KIT and say Apple to Apple also? Do u even know what is the meaning dude? Nah no one here understand the purpose of MRT but you which raises a very questionable foresight you have putting Saville which has a fantastic and majestic DOORSTEP MRT1 vs a better TOD like what TR has got to offer which is 100-150m away (20m uncovered path) to MRT2/LRT/Monorail while betting on its massive mix dev neighbour (Pekeliling redevelopment and Asie land). Plus the pekeliling bus station is not any ordinary tom dick harry stations but a station to cater to tourists from all grades and classes which includes the very much desired what you called Angmoh and less desired bangla. Rumour has it that the station will undergo a revamp.

MRT is a catalyst for Saville. MRT/LRT/MONARAIL is seen to be a major TOD catalyst here as compared to the undesired location of Saville set in the suburb of KL. Please do not forgo the future influx of development around TR as compared to the unknown part of the world Saville sinks in.

I now know a MRT project has to be right at your doorstep to consider it as a MRT project. What a joke.

7xx psf? I wonder why my investment in TR for a decent 750sf puts my intention surging on a 665psf nett.

A "valuable" lesson learnt from you. MRT has to be at the doorstep. πŸ˜‚

mthc
post Apr 7 2017, 09:45 AM

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Dear investors.

For we have to pardon waiwai79 ignorance. A doorstep MRT is to be considered as a MRT project where as the other MRT project with mere 100-150 meters walking distance shall sink 100 feet underground.

Let's just ignore him and move on with life.

Cheers.
mthc
post Apr 7 2017, 09:51 AM

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QUOTE(bearbear @ Apr 7 2017, 09:48 AM)
now my turn, speechless.

omg sg buloh doorstep mrt gona kill TR sad.gif
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Bro.. KAJANG MRT ALSO WILL KILL TR πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

Future putrajaya doorstep MRT also will kill TR!!!!! 😒😒😒😒😒😒

Remember... cuz it's doorstep.

This post has been edited by mthc: Apr 7 2017, 09:52 AM
mthc
post Apr 7 2017, 10:41 AM

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QUOTE(waiwai79 @ Apr 7 2017, 09:58 AM)
After I give fact just 6-9 stations... Now shift intention by pull in Kajang and putrajaya...Haha...

Use back ur word lah... TR is the best... Kill KLCC condo...
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I didn't say it kills KLCC condos. Don't put words in my mouth.

Anyway it's good to have discussion like this instead. You left out the biggest pullback for TR tho. 4+2 lifts to service 24 units per floor.

Your comments help build a castle instead of the king of fart here earlier who helps erodes a monument

This post has been edited by mthc: Apr 7 2017, 10:46 AM
mthc
post Apr 7 2017, 10:50 AM

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QUOTE(bearbear @ Apr 7 2017, 10:48 AM)
I was not the earliest batch but when I went only release till lvl 22. 850sq ft was about 600k after discount. Around 700 psf level regardless of size at that time.
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Aih.. I might face stuff competition from 850sf in the future.

Besides I'm worried about the new launches around TR that it might be cheaper
mthc
post Apr 7 2017, 10:53 AM

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QUOTE(waiwai79 @ Apr 7 2017, 10:26 AM)
That why I keep on emphasize need to consider many factor like price psf to judge future appreciation potential, Freehold or not to judge future subsales market, developer capability to develop high-rise (some condo just look like apartment)....
I still not talk for no of carpark, maintenance fees, type of facilities...

6-9 stations should be less than 30 minutes (estimate only)
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Put in an average of 3-4 minutes per station. 3.5 minutes per station should be rather conservative to gauge the timing or so.

This post has been edited by mthc: Apr 7 2017, 10:53 AM
mthc
post Apr 7 2017, 11:14 AM

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QUOTE(waiwai79 @ Apr 7 2017, 11:03 AM)
I prefer fact driven discussion
Basically both of the saville and TR not my cup of tea, just because i more interest new freehold landed properties at this moment.

I sharing the info here because get some comparison info by a group of investor after we attended Gavin talk about Greater KL development in MKH old klang road office.
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The cost of holding a freehold landed doesn't come cheap. Let alone the rock bottom yield plus stiff competition from buildings which are growing taller instead of wider in the outskirts of Klang Valley.

Not too sure who is Gavin but I guess due diligence comes into play at the end of the day. Landed prop ages like wine given the right location and I agree that a landed home is a golden opportunity in a basket of fruits as a basket should consists a few diff types of props.
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post Apr 7 2017, 11:14 AM

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QUOTE(bearbear @ Apr 7 2017, 11:03 AM)
100k more expensive than you wo, how to fight with you?
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You win if you throw same rental as me
mthc
post Apr 7 2017, 08:08 PM

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FLASH NEWS ::: Ekovest Bhd plans to undertake a mixed development project with a gross development cost of RM293.8mil in Setapak, Kuala Lumpur, by combining its existing 1.59-acre land bank with adjoining land measuring 1.16 acres.

The construction and property development firm announced to Bursa Malaysia on Friday that its unit Ekovest Properties Sdn Bhd had sealed an agreement to buy the two adjoining parcels of land from Ekovest’s substantial shareholder, Lim Seong Hai Holdings Sdn Bhd (LSHHSB), for RM26.77mil.

The purchase is a related party transaction, as Ekovest managing director Datuk Seri Lim Keng Cheng is a major shareholder and director of LSHHSB, which in turn owns 9.48% equity interest in Ekovest.

The two parcels of land are situated in Section 85, on the western side of Jalan Pahang, Kuala Lumpur.

Ekovest said the proposed mixed development project, called EkoQuay, consisted of serviced apartments and retail/commercial blocks.

The company estimated to make a profit of RM103.3mil from the project, which is expected to start next year and be completed within four years.

The development order for the project was approved by Kuala Lumpur City Hall in February 2016. However, it said, an amended development order had been submitted in October with an increased plot ratio and the integration of new land.

Ekovest said the acquisition would be financed via internally generated funds and borrowings in the proportion of 30%:70%.
mthc
post Apr 7 2017, 08:09 PM

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r

This post has been edited by mthc: Apr 7 2017, 08:18 PM
mthc
post Apr 7 2017, 08:12 PM

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This post has been edited by mthc: Apr 7 2017, 08:23 PM

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