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 Inspirasi Mont Kiara, New Development along Jln Kiara 3

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planc
post Oct 10 2017, 11:46 AM

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QUOTE(lightbulk @ Oct 9 2017, 08:40 PM)
Sefina mont Kiara was selling at about 800persqft n the entrance is from jln Kiara 3. So I think aspirasi is quite a value buy. But of course the area cannot beat parc therefore mkh sell so much cheaper.  For own stay 940/1015 is a comfortable size.
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Aston Kiara 3 1593sf RM583200 only auction unit
planc
post Oct 10 2017, 11:52 AM

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QUOTE(Pega101 @ Oct 10 2017, 10:47 AM)
G
But main fee 650 monthly wor
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365psf mont kiara address wor..kl newly vp condo very sick now, many auction units vp within 2-3yrs

This post has been edited by planc: Oct 10 2017, 11:54 AM
planc
post Oct 11 2017, 11:36 AM

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QUOTE(propertybuddy @ Oct 10 2017, 01:29 PM)
got to take into consideration of the acquisition cost & monthly commitment (installment+maintenance)
buying ~600k auction
D/p 60k
legal, stamping, valuation 30k
Acquisition cost = 90k cash
Refurbishment/repairs = ?
min 100k reserve needed
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I would say opportunities only for the one who prepare well.
planc
post Oct 11 2017, 11:39 AM

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QUOTE(waiwai79 @ Oct 10 2017, 08:57 PM)
Use auction unit to justify the market price..... Not accurate woh.
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Maybe you can share why the new development next door justify that price?
planc
post May 2 2018, 09:47 AM

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QUOTE(BEANCOUNTER @ May 2 2018, 07:11 AM)
The entire mk is freehold and you bought the mid cost lookalike poorer cousin of lishold mk at 750psf either at or near squatter area still consider 'reasonable'?
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Freehold or leasehold doesn't matter, u see Aston 3
planc
post May 2 2018, 12:20 PM

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QUOTE(A.B.D. @ May 2 2018, 09:46 AM)
i think what beancounter is trying to say is when want to sell, the question potential buyers will ask themselves is why buy this leasehold one, when the whole of MK is freehold and has many units for sale?

i guess many investors will need to sell at a very good price in the distant future, which may not be difficult because the other JK4 condos should become very expensive then. it will be sold as a JK4 condo and is less than 10 min walk to arcoris/163 mall (plus rumoured MRT access point) from the main entrance on JK4. no need to argue about this, even before completion you will see where is the main entrance. we come back to this topic again then.

if just staying to enjoy living in this area or renting out, due to the MK location, eventually a developer or original land owner UEM Sunrise will approach to redevelop. should be a good deal offered to existing unit owners. Yes the original land owner is UEM Sunrise who lease the land to MKH to develop and sell as leasehold condo. win-win-win situation for land owner who make money from lease and get to keep ownership, developer who develop and make money, and buyers who pay lower new launch price for this unit size and have the knowledge that when the time eventually comes, high chance of being redeveloped by landowner who is a listed property developer and luxury condo specialist. this point, if it happens in 30-40 years hopefully many of us are still here to necro this thread talk about it  rclxms.gif
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If the listed prop dev u mentioned is lux condo spcialist and their projects very god tk up rate they won lease d land to other dev..anyway, no one can predict future, not even ten yrs time..high risk high return if the MRT station is walking distance..book first cancel later? icon_idea.gif


planc
post May 2 2018, 01:52 PM

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QUOTE(A.B.D. @ May 2 2018, 11:26 AM)
UEM Sunrise is not luxury condo specialist?

Property developers never lease out any pieces in their large land bank?

WOW! laugh.gif
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I newbie, never heard dev lease out their land to other build..jv got many tongue.gif
planc
post May 2 2018, 05:55 PM

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QUOTE(BEANCOUNTER @ May 2 2018, 01:53 PM)
is Aston 3 a shinning star of MK?

what are the top 5 condos people talk about when mentioned MK?
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Tiffani? Seni? Verve suite? Arcoris? Pavilion Hilltop? Agile tongue.gif ?!

 

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