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Investment REV.O @ BKT JALIL CITY, Revolutionary Suites Next To Pavilion 2

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Yamy
post Nov 1 2015, 10:21 AM

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[quote=natman,Nov 1 2015, 09:12 AM]
Price for a shoe box like this is fine for me but since non HDA and hefty progressive interest of 4 1/2 years, thats a bit heavy cost.
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[/quote]
yes was interested too at the beginning but seeing psf and construction period scare scare, anyway 5 yrs down property market might be in uptrend again smile.gif
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[/quote]

Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
twincharger07
post Nov 1 2015, 10:26 AM

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QUOTE(bukithot @ Nov 1 2015, 10:21 AM)
thanks! isnt this revo a SOHO?
oh, so if under hda will follow schedule % same as residential right? ok now i get it
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Sovo.. no protection from HDA..
don't get me wrong.. not to say that without HDA is dodgy, just tat buyers need to know what they are buying into, IMHO

This post has been edited by twincharger07: Nov 1 2015, 10:26 AM
natman
post Nov 1 2015, 10:41 AM

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[quote=Yamy,Nov 1 2015, 10:21 AM]
yes was interested too at the beginning but seeing psf and construction period scare scare, anyway 5 yrs down property market might be in uptrend again smile.gif
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[/quote]

Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
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[/quote]


True also but for a person to pay progressive interest its different story hahahaha..... cannot imagine those if whack few and just serve the interest.
hornbill_78
post Nov 1 2015, 10:44 AM

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Which your target buyer after 5 years?
Yamy
post Nov 1 2015, 10:50 AM

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For those investor who sapu few units guess they have bullets to keep for the progressive interest. Somemore they dare to buy this year with a sluggish economic condition. Bravo!
godlikexioo
post Nov 1 2015, 10:52 AM

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QUOTE(twincharger07 @ Nov 1 2015, 10:26 AM)
Sovo.. no protection from HDA..
don't get me wrong.. not to say that without HDA is dodgy, just tat buyers need to know what they are buying into, IMHO
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Should give some example so others know wat risk without HDA.can plaza rakyat as example?
PeriPeri2014
post Nov 1 2015, 11:08 AM

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QUOTE(Yamy @ Nov 1 2015, 10:50 AM)
For those investor who sapu few units guess they have bullets to keep for the progressive interest. Somemore they dare to buy this year with a sluggish economic condition. Bravo!
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Some of investor have 5-6 years cash reserve in bank, sure they dare to buy lah smile.gif

This post has been edited by PeriPeri2014: Nov 2 2015, 08:06 AM
ivanpei
post Nov 1 2015, 11:18 AM

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Lowest absolute entry in BJ. Some people willing to take the risk. BJ address premium now.
Yamy
post Nov 1 2015, 11:55 AM

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QUOTE(ivanpei @ Nov 1 2015, 11:18 AM)
Lowest absolute entry in BJ.  Some people willing to take the risk. BJ address premium now.
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Casa Green rumahwip also lowest entry in BJ. 300K for 820 sqft. rclxms.gif
wil-i-am
post Nov 1 2015, 12:26 PM

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How many % sold right now?
dz91
post Nov 1 2015, 01:26 PM

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QUOTE(Yamy @ Nov 1 2015, 11:55 AM)
Casa Green rumahwip also lowest entry in BJ. 300K for 820 sqft.  rclxms.gif
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Casa green leasehold , near HTC , high dense
This 1 just beside pavillion
How to compare o
Yamy
post Nov 1 2015, 01:44 PM

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QUOTE(dz91 @ Nov 1 2015, 01:26 PM)
Casa green leasehold , near HTC , high dense
This 1 just beside pavillion
How to compare o
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Like that only can compare Park Sky liao.. flex.gif
bukithot
post Nov 1 2015, 02:40 PM

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[quote=Yamy,Nov 1 2015, 10:21 AM]
yes was interested too at the beginning but seeing psf and construction period scare scare, anyway 5 yrs down property market might be in uptrend again smile.gif
*

[/quote]

Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
*

[/quote]

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
Chris Chew
post Nov 1 2015, 02:43 PM

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QUOTE(dz91 @ Nov 1 2015, 01:26 PM)
Casa green leasehold , near HTC , high dense
This 1 just beside pavillion
How to compare o
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True also.

But a residential protected by HDA vs a stratified versatile office not governed by HDA, also shouldn't be comparison.
Yamy
post Nov 1 2015, 02:51 PM

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[quote=bukithot,Nov 1 2015, 02:40 PM]
Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
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[/quote]

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
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[/quote]

Just get the quote from this forum for 4.5 years construction. Any genuine buyer here can provide exact years of construction since this is under commercial title.
ChuiChuiShui
post Nov 1 2015, 02:53 PM

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[quote=bukithot,Nov 1 2015, 02:40 PM]
Think positive is construction for 4.5 years. There will be very close to end of RPGT which is 5 years. Can sell immediately after completion without tax. tongue.gif
*

[/quote]

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
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[/quote]

Park sky need 54mths..so i think they just trying to make all complete around the same period nia..

This post has been edited by ChuiChuiShui: Nov 1 2015, 02:56 PM
Yamy
post Nov 1 2015, 03:06 PM

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[quote=ChuiChuiShui,Nov 1 2015, 02:53 PM]
why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
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[/quote]

Park sky need 54mths..so i think they just trying to make all complete around the same period nia..
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[/quote]

Actually nowadays developer tend to lengthen the construction period... 54 months is quite long. Of course progressive interest also bit jialat for 54 months.

4-5 years down the road, no idea what will be the whole bukit jalil look like?! With the progress of PV2, paradigm mall and MRCB development etc.
twincharger07
post Nov 1 2015, 03:12 PM

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http://www.thestar.com.my/News/Nation/2015...uch-for-buyers/

“The buyer (flipper) might ask for RM3,500 rental but not get it, then he’ll drop the rental, then drop it and drop it again to RM2,000 or RM1,500 ... so it will be a renters market,” he says.

However, Siva stresses that it is not the entire housing sector that will be affected by lower rents; this would apply only in selected speculative sectors.

“I think it will be with the RM500,000 to RM800,000 condos, the high-end residential condos and shoebox units like SoHo, SoVo and SoFo, which have been built by the ­dozens,” he says, referring to different types of small commercial units, the small-office-home office, small-office-virtual-office, and small-office-flexible-office.


This post has been edited by twincharger07: Nov 1 2015, 03:13 PM
ryan@chua
post Nov 1 2015, 03:25 PM

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For rich definitely a good bet. Cheap and appreciation margin is high.
For poor, one miss all gone.
Chris Chew
post Nov 1 2015, 03:45 PM

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QUOTE(bukithot @ Nov 1 2015, 02:40 PM)

why 4.5years? i think whole pv bj will be completed in 2019 so it is another 3.5 ywars to go, no?
Bro, I think they talking about the Construction period of the REVo project itself is 54 months or 4 1/2 years.

When u taking loan from the bank, u have to serve the progressive interest depends on the bank released amount in this 54 months or until its completion.

Btw, if this is not governed by HDA, the developer has no obligation to put in the completion period claused within 54 months on the S&P, therefore, if the project delay to 60 months, purchasers are not protected to claim the 6 mths late delivery.

However, it is also good if they complete within 54 months and upon completion, the Pavilion Bkt Jalil is already and would be known whether REVo can be rent out for lifestyle small office.


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