Boss.. idk if you should be happy or sad with this bumi discount but one thing I'm so sure is that those nice nice villas sitting on malay reserved land in TTDI and Penchala accessible via Hartamas entrance are going from 1.5mil to 4mil with BU from 3k to 6k sf.. damn syok but can only sell back to bumi.

80%of these villas are vacant 😅

This post has been edited by mthc: May 31 2017, 01:15 PM

So I came across something on Facebook. Just for sharing purpose.

MRT LINE 2 (SUNGAI BULOH – SERDANG – PUTRAJAYA)

There are nine areas along this line that have interchanges (i.e. MRT 2 station overlapping with an existing MRT 1, KTM or LRT stations). Please see attached map. Areas have been circled in Red.

From these areas, I believe that Kepong Sentral, Kampung Batu, Titiwangsa, Chan Sow Lin and Sungai Besi are favourable as they are emerging areas, and not immediately on the radar of property investors. The existing train lines there will provide support pending the completion of MRT 2 in 2022. Also, as the construction of MRT 2 still has some way to go, properties nearby these stations may have a chance of being rented out to MRT Corp engineers (or their engineering partners) who are working on Line 2. You would thus be securing a blue chip tenant during the construction period.

Among this batch, I view Titiwangsa as being the most unique as it will have three (3) train lines – MRT 2, Sri Petaling LRT Line and Monorail, which makes it comparable to Bandar Tasik Selatan and just one line short of KL Sentral. It will certainly be a transportation hub. In addition, the planned redevelopment of Pekeliling flats will provide an added rejuvenation to the area.

Some parties have mooted a plan to build a “Battersea of the East” on the Pekeliling site i.e. mixed development project with malls, offices and residential. I am inclined to think that any project there would be large scale and sophisticated, to capitalize on the great location (Jalan Tun Razak frontage) and transport hub characteristics, and would thus enhance the overall profile of the area.

There are a few condominiums within a 200m radius from the train hub that are relatively affordable at around RM550 psf such as Titiwangsa Sentral and Vistana Residences. Besides their great connectivity, these condos are also currently supported by demand from the medical personnel of the hospitals within the vicinity (Kuala Lumpur General Hospital, Sentosa Medical Centre). A new serviced apartment project will be launched in the area soon that offers smaller sized units (600 sqft. and 700 sqft.) which I believe are suitable for city living professionals who would prefer to utilise a transport hub. I am looking out for this project.

CONCLUSION

The MRT play is a unique opportunity for investors to buy an irreplaceable asset that will continue to give off benefits for a long time. However, in order to protect ourselves and hedge our bets, we should target areas where a new MRT station overlaps with an existing LRT, KTM or Monorail station. The existing lines will support your property investment pending the full construction of the MRT, and will ensure that you do not go home “empty handed” should the alignment somehow change.

Traditional factors such as affordability of the property should always be kept in mind to ensure that rental rates have a chance of meeting instalments, making your property self-sustaining. Focusing on “emerging areas” in KL would go towards addressing this.

Propinsight

Apparently June to July. Maybe boss jinsailoo can verify

propertybbb

Abang George from MKH said that targeted SPA signing falls within June 2017 wor

This post has been edited by mthc: Jun 2 2017, 11:33 AM

Wah if HSBC masuk with 90% means they find those 753sf with SPA price of 630k are priced in accordance with the current market pricing and they are willing to take that risk given the current weak market sentiment. If local banks 90% can understand la.. but this conservative as fekkk kinda bank like HSBC also masuk with 90%

This post has been edited by mthc: Jun 2 2017, 12:08 PM

32 la bro only 8k more. Level 14 also no more early bird price?

On asie land

PEMBANGUNAN PERDAGANGAN BERCAMPUR 38,33, 33, 34 DAN 30 TINGKAT (PARCEL K-PROJEK TAMANSARI) YANG MENGANDUNGI:- A) 3 BLOK MENARA PANGSAPURI SERVIS (295 UNIT) 29, 24 & 24 TINGKAT DAN B) 2 BLOK MENARA PEJABAT 25 & 21 TINGKAT DENGAN 2 UNIT PENTHOUSE DI TOWER 4 DENGAN LINK BRIDGE MENGHUBUNGKAN TOWER 1, TOWER 2, TOWER 3 DAN TOWER 4, DI TINGKAT 22 ATAS 2 TINGKAT PANGSAPURI SERVIS (23 UNIT), 4 TINGKAT TEMPAT LETAK KERETA ARAS TANAH, 3 TINGKAT PODIUM PERDAGANGAN (RUANGRETAIL), 1 TINGKAT LOWER GROUNF M&E SERVIS DAN 3 TINGKAT TEMPAT LETAK KERETA BAWAH TANAH DI ATAS LOT PT 76, SEKSYEN 47, JALAN TUN RAZAK, KUALA LUMPUR

This post has been edited by mthc: Jun 3 2017, 04:11 PM

Should be both the plots. Tetuan Asie Sdn Bhd is the applicant name

Can't seem to find much details about them

What's your nett price?

800psf... 🤢

A lot of choices ady lo

What's your loan repayment?

Go for 710sf then.

Early bird 753sf rental plus maintenance can stand at a rather competitive position against 850sf by renting out at a break even point of 1800 including maintenance @ 70% LTV. I believe a lot of investors are in the 70% LTV bracket. Let's not forget there are early bird players (154 units) who are also able to throw price at 90% LTV. A lot of 3 bedrooms in the same project but however one may still argue that the third room in 753sf is way too small.

Your call tho if you are confident enough to rent out at 2700 @ 4.5% yield which includes maintenance. We may be able see the light at the end of the tunnel when TR vp. Never know..

This post has been edited by mthc: Jun 6 2017, 01:12 PM

I kiasu wey. Don't wanna comment much about 850sf. I hope it sells out haha!!! Good luck bro.

4.3% but with MLTA.

Meh.. which bank is this?

All the best to you too.