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Investment QUARTZ WANGSA MAJU | LEXA | FERA | HENNA | ALTRIS, Discover an Urban Park in the heart WM

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Stamp
post Oct 20 2015, 05:10 PM

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I see that those who bought Infiniti 3 Block A facing KLCC will no longer have the KLCC view when this condo is completed!
InvestThing
post Oct 20 2015, 05:13 PM

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Received flyers for this projects:

http://hartamas.wix.com/wangsa-maju

Also received sms blast this coming Saturday got some private preview at Hartamas. Any1 going?
InvestThing
post Oct 20 2015, 05:18 PM

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Parking here for further info, kinda like the ambience in Wangsa
TSaccetera
post Oct 20 2015, 05:19 PM

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RM650psf is reasonably good.
InvestThing
post Oct 20 2015, 05:24 PM

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QUOTE(accetera @ Oct 20 2015, 05:19 PM)
RM650psf is reasonably good.
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How you know the price is 650 PSF? Got price indicator already? What package is available? Can share ar haha
sendomike
post Oct 20 2015, 06:07 PM

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Pretty hot topic this one. Sudah ada fb page dy.
I can picture this part of town being a concrete jungle very soon.

https://www.facebook.com/LEXA-RESIDENCE-at-...68256756724465/

This post has been edited by sendomike: Oct 20 2015, 06:10 PM
ChuiChuiShui
post Oct 20 2015, 06:28 PM

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gt name, gt fb page, but no official website tongue.gif

If road access is from main road, and 650psf, 660sf, then really is a good buy. thumbup.gif
VincentProperty
post Oct 20 2015, 06:54 PM

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QUOTE(sendomike @ Oct 20 2015, 06:07 PM)
Pretty hot topic this one. Sudah ada fb page dy.
I can picture this part of town being a concrete jungle very soon.

https://www.facebook.com/LEXA-RESIDENCE-at-...68256756724465/
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concrete jungle?! LOL
lowyatlau
post Oct 20 2015, 07:36 PM

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Parking ++
Maneki-neko
post Oct 20 2015, 08:37 PM

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QUOTE(accetera @ Oct 20 2015, 05:19 PM)
RM650psf is reasonably good.
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Cheaper than Wangsa 9? hmm.gif
victorian
post Oct 20 2015, 09:04 PM

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park
nookie188
post Oct 20 2015, 09:41 PM

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QUOTE(Maneki-neko @ Oct 20 2015, 08:37 PM)
Cheaper than Wangsa 9?  hmm.gif
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but cant beat Wangsa 9's location ... smile.gif
TSaccetera
post Oct 20 2015, 09:57 PM

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In terms of location, OK lah. But not the best in Wangsa Maju.

What I like is the land area for the development is BIG enough for developer to masterplan it. This depends on the execution part.

Hearsay Mapletree will come to the retail shops help again? Not confirmed yet.

In terms of density, this is reasonably low (for Phase 1). However, if you are the potential tenant in this area, you will be scouting around this area for the best deal choices. So if you add up your competitors, you will find that it is pretty "oversupply" based on projected completions say 3-4 years down the road.

Typically, the best deal in Wangsa Maju is those nearest to Mall and LRT. This is for executives. But what about higher income managers? I agree that as you rise in your career, family lifestyle takes precedence. You may want homes closer to quietness and greeneries. You may want bigger size. But will you buy your own unit or rent?

Wangsa Maju is a suburb with a relatively affluent Malay and mix demographics. Many Petronas and GLC workers like to live here. This is a hint. Wangsa Maju is normally lacking in the Chinese element - Chinese food. This is the drawback compared to say Setapak. Some people may not like to be close to mosque, etc. so this is essentially your choice.

In terms of concepts, this is supposed to be positioned as a "Gold" medal product for this area similar to Wangsa 9. Let's wait for the Greenlight to share out more details before making a full judgment. (Refer to what I say about PTLM Gold in project evaluation)

In terms of view, this is one major factor in this suburb. But as an investor, it's up to you whether you would pay premium for view.

In terms of pricing, this is the highest weightage factor here. I suggest to wait and see the sales package as well as the generousity level of the developer.

In terms of developer, this developer is OK. Financially stable. You need to check the sales of their previous project to see whether they are able to pull that through as not to affect their cashflow. This is your work as an investor.

This post has been edited by accetera: Oct 20 2015, 10:05 PM
nookie188
post Oct 20 2015, 10:55 PM

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QUOTE(will_uber4food @ Oct 20 2015, 10:47 PM)
wangsa maju is plenty of chinese food wei.. u from where?  doh.gif
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ka ka..agree..no problem with Chinese food in this area..
ManutdGiggs
post Oct 20 2015, 11:07 PM

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Nearby Sri rampai sure no prob to get Chinese food la. I would say cina population here is huge.
nookie188
post Oct 20 2015, 11:19 PM

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QUOTE(ManutdGiggs @ Oct 20 2015, 11:07 PM)
Nearby Sri rampai sure no prob to get Chinese food la. I would say cina population here is huge.
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wah boss..you kepong lang also familiar with this area ka..geng.. tongue.gif


zlancer1989
post Oct 20 2015, 11:31 PM

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QUOTE(will_uber4food @ Oct 20 2015, 10:47 PM)
wangsa maju is plenty of chinese food wei.. u from where?  doh.gif
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i think wangsa maju alone(wangsa walk area)mostly malays. But sri rampai / setapak area surely have plenty of chinese food. i call all of these area wangsa maju though rclxm9.gif
ManutdGiggs
post Oct 20 2015, 11:39 PM

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QUOTE(nookie188 @ Oct 20 2015, 11:19 PM)
wah boss..you kepong lang also familiar with this area ka..geng.. tongue.gif
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Boss I was there for many yrs back in skul days. I hav plenty of gd memories there which include good food. smile.gif
JamesPond
post Oct 20 2015, 11:46 PM

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kepong got more chinese right?
ManutdGiggs
post Oct 20 2015, 11:56 PM

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QUOTE(JamesPond @ Oct 20 2015, 11:46 PM)
kepong got more chinese right?
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Oso many malay frenz in kaptong ma

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