Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment RC RESIDENCES KUALA LUMPUR, Close To City Centre Homes From RM358K

views
     
Babizz
post Apr 24 2018, 07:10 AM

10k Club
********
All Stars
12,528 posts

Joined: Feb 2013
QUOTE(Versace! @ Apr 23 2018, 11:08 AM)
Anyway guys, 6k unit inside a 22 acres of land is still consider average right? but in a single project only counted as high density
*
consider very low dense.

please find me another project with pro rata let's say 3k units over 11 acres of land doing well?? in fact u probably can't even find a project with such density and number of units.

Good luck to all ownstay and investors here.

I'll check on this place upon VP when hundreds if not 1k+ units hit the auction market.
Versace!
post Apr 24 2018, 12:12 PM

Getting Started
**
Junior Member
152 posts

Joined: Oct 2017
From: Kuala Lumpur


QUOTE(Babizz @ Apr 24 2018, 07:10 AM)
consider very low dense.

please find me another project with pro rata let's say 3k units over 11 acres of land doing well?? in fact u probably can't even find a project with such density and number of units.

Good luck to all ownstay and investors here.

I'll check on this place upon VP when hundreds if not 1k+ units hit the auction market.
*
Now i get what you mean.
Auction only happen when buyer can't afford to pay the installment.
500k installment is around RM2k+-.

You said it because It's happened to Akisama previous project at parklane OUG?
Versace!
post Apr 24 2018, 12:20 PM

Getting Started
**
Junior Member
152 posts

Joined: Oct 2017
From: Kuala Lumpur


QUOTE(woolei @ Apr 24 2018, 01:48 AM)
Hi All, i want to add some point if you consider to buy this razak city project.
- according to unofficial analysis, 99% of parklane owner hate akisama, the remaining 1% wanna murder them.
- bad workman ship, low cost design, bad material, toilet keep on leaking after fix n fix n fix, the defect list when i get the house is over 35 items.
- the shoplot under parklane is still mostly close after 4 years, only mart,mamak,dobi,pool and liquor store survive.
- dont under estimate the power of 6,000 units, it really really hard to sell & rent.
- at 2014, i rented out my basic unit @ RM1.2/month, at 2018 i want to rent out my unit with washing machine & fridge with RM1.2/month, but the tenant ask for RM1.1 or i have better offer.
- the capital appreciation of parklane is flat and almost equal to developer selling price after include cost and loan interest.

my suggestion is, if you still consider Razak City after reading all the above and feel razak city as a good deal.

please take a short trip to parklane oug, see the people there, talk with the people and experience the atmosphere there.

if you can accept the worst case it might turn out like parklane, buy it.

[from a very very tulan parklane owner]
*
Investor view?
Parklane is not the best but with that price people who afford and stay inside doesn't really complaint..
no project is perfect, but there is one you make it perfect.

just personal opinion.
newworld00
post Apr 24 2018, 01:07 PM

Getting Started
**
Junior Member
57 posts

Joined: Sep 2017
QUOTE(woolei @ Apr 24 2018, 01:48 AM)
Hi All, i want to add some point if you consider to buy this razak city project.
- according to unofficial analysis, 99% of parklane owner hate akisama, the remaining 1% wanna murder them.
- bad workman ship, low cost design, bad material, toilet keep on leaking after fix n fix n fix, the defect list when i get the house is over 35 items.
- the shoplot under parklane is still mostly close after 4 years, only mart,mamak,dobi,pool and liquor store survive.
- dont under estimate the power of 6,000 units, it really really hard to sell & rent.
- at 2014, i rented out my basic unit @ RM1.2/month, at 2018 i want to rent out my unit with washing machine & fridge with RM1.2/month, but the tenant ask for RM1.1 or i have better offer.
- the capital appreciation of parklane is flat and almost equal to developer selling price after include cost and loan interest.

my suggestion is, if you still consider Razak City after reading all the above and feel razak city as a good deal.

please take a short trip to parklane oug, see the people there, talk with the people and experience the atmosphere there.

if you can accept the worst case it might turn out like parklane, buy it.

[from a very very tulan parklane owner]
*
point taken... i think my friend staying in Parklane OUG have same problem in common.

But, according to my friend... there's slight improve icon_idea.gif improve on the lobby, lift, carpark, and etc.

Agreed workmanship not that good, i been there before... i will say ok ok lah with that price, never expect to high...LOL
thinkgoodpositive
post Apr 24 2018, 01:13 PM

Getting Started
**
Junior Member
196 posts

Joined: Sep 2015
the surroundings would be super jam after completion of this condo....is there any walkable link or bridge to nearby public transport or MRT/LRT?
Else with only 1 car park provided, would be a night mare for the traffic.
whitejack
post Apr 24 2018, 02:36 PM

Getting Started
**
Junior Member
120 posts

Joined: Jun 2017
QUOTE(woolei @ Apr 24 2018, 01:48 AM)
Hi All, i want to add some point if you consider to buy this razak city project.
- according to unofficial analysis, 99% of parklane owner hate akisama, the remaining 1% wanna murder them.
- bad workman ship, low cost design, bad material, toilet keep on leaking after fix n fix n fix, the defect list when i get the house is over 35 items.
- the shoplot under parklane is still mostly close after 4 years, only mart,mamak,dobi,pool and liquor store survive.
- dont under estimate the power of 6,000 units, it really really hard to sell & rent.
- at 2014, i rented out my basic unit @ RM1.2/month, at 2018 i want to rent out my unit with washing machine & fridge with RM1.2/month, but the tenant ask for RM1.1 or i have better offer.
- the capital appreciation of parklane is flat and almost equal to developer selling price after include cost and loan interest.

my suggestion is, if you still consider Razak City after reading all the above and feel razak city as a good deal.

please take a short trip to parklane oug, see the people there, talk with the people and experience the atmosphere there.

if you can accept the worst case it might turn out like parklane, buy it.

[from a very very tulan parklane owner]
*
Since the capital appreciation is flat, if i were the investor, i will just wait until it is completed and see hows the rental market instead of taking risk to put my money into it.

AskarPerang
post Apr 24 2018, 02:53 PM

~tUPaI...~
*********
All Stars
23,688 posts

Joined: Aug 2007
From: Outer Space



QUOTE(Versace! @ Apr 24 2018, 12:12 PM)
Now i get what you mean.
Auction only happen when buyer can't afford to pay the installment.
500k installment is around RM2k+-.

You said it because It's happened to Akisama previous project at parklane OUG?
*
And ask yourself whether you are able to rent out at least 2k monthly to cover the installment. If you are confident then yes go ahead. If not then better dont commit yourself.
Versace!
post Apr 24 2018, 03:21 PM

Getting Started
**
Junior Member
152 posts

Joined: Oct 2017
From: Kuala Lumpur


QUOTE(thinkgoodpositive @ Apr 24 2018, 01:13 PM)
the surroundings would be super jam after completion of this condo....is there any walkable link or bridge to nearby public transport or MRT/LRT?
Else with only 1 car park provided, would be a night mare for the traffic.
*
no link bridge or covered walk way to MRT in Bandar Malaysia?
as i remember the nearest is LRT & KTM salak south station where you have a pedestrian bridge to cross the road but no covered walk way for this
Versace!
post Apr 24 2018, 03:22 PM

Getting Started
**
Junior Member
152 posts

Joined: Oct 2017
From: Kuala Lumpur


QUOTE(AskarPerang @ Apr 24 2018, 02:53 PM)
And ask yourself whether you are able to rent out at least 2k monthly to cover the installment. If you are confident then yes go ahead. If not then better dont commit yourself.
*
for ownstay no problem at all. for investor that going to use RM1 to earn RM1mil then will burn.
BEANCOUNTER
post Apr 24 2018, 04:11 PM

20k VIP Club
*********
All Stars
20,146 posts

Joined: May 2011
QUOTE(Versace! @ Apr 24 2018, 03:22 PM)
for ownstay no problem at all. for investor that going to use RM1 to earn RM1mil then will burn.
*
its not that in KL you cant find a lower density project.......

i bet you cant find any radio personalities staying there..... devil.gif

Jened
post Apr 24 2018, 04:42 PM

Getting Started
**
Junior Member
128 posts

Joined: Dec 2017
Not a good investment when more than 1000 units




FuNks
post Apr 24 2018, 05:09 PM

F z N
*******
Senior Member
2,812 posts

Joined: Dec 2011


QUOTE(woolei @ Apr 24 2018, 01:48 AM)
Hi All, i want to add some point if you consider to buy this razak city project.
- according to unofficial analysis, 99% of parklane owner hate akisama, the remaining 1% wanna murder them.
- bad workman ship, low cost design, bad material, toilet keep on leaking after fix n fix n fix, the defect list when i get the house is over 35 items.
- the shoplot under parklane is still mostly close after 4 years, only mart,mamak,dobi,pool and liquor store survive.
- dont under estimate the power of 6,000 units, it really really hard to sell & rent.
- at 2014, i rented out my basic unit @ RM1.2/month, at 2018 i want to rent out my unit with washing machine & fridge with RM1.2/month, but the tenant ask for RM1.1 or i have better offer.
- the capital appreciation of parklane is flat and almost equal to developer selling price after include cost and loan interest.

my suggestion is, if you still consider Razak City after reading all the above and feel razak city as a good deal.

please take a short trip to parklane oug, see the people there, talk with the people and experience the atmosphere there.

if you can accept the worst case it might turn out like parklane, buy it.

[from a very very tulan parklane owner]
*
only first phase buyer benefited from it, flip during vp. true man, nowadays there 1.2k is max already.

QUOTE(HELLO HELLO @ Apr 24 2018, 02:06 AM)
Wah.. This kaolat jialat development tak Boleh Pakai 1 er. Buy akaisiaoma tok rasiao city project? want to sendiri gorek lobang jump in cut head die meh?

Already sibeh manyak jialat Mati rundown track record projects. Better check check oug parkliao before park in buy oh. They are just duplicate another sure die jialat Mati Kaolat oug parkliao project. If bought liao memang parkliao bye bye lor. RIP.

If Die die must kisiao buy... Better go for auction unit sure sibeh manyak cheap cheap to choice. No need wait for this 1. Their oug parkliao already manyak cheap cheap auction units for you to choose.
*
dammm. its like burying ur own head buying it. well we already warned people. i think they have many unsold units, probably gave some away to the HK artists they brought to promote as fees.
Versace!
post Apr 24 2018, 07:11 PM

Getting Started
**
Junior Member
152 posts

Joined: Oct 2017
From: Kuala Lumpur


QUOTE(BEANCOUNTER @ Apr 24 2018, 04:11 PM)
its not that in KL you cant find a lower density project.......

i bet you cant find any radio personalities staying there..... devil.gif
*
with the pricing range, KL city property almost the same gua in term of quality and standard? whistling.gif correct me if i'm wrong.
Versace!
post Apr 24 2018, 07:14 PM

Getting Started
**
Junior Member
152 posts

Joined: Oct 2017
From: Kuala Lumpur


Just wondering, it's possible government will build a crossing bridge to Bandar Malaysia from Salak South? since it will give convenient to the tenant here not only for Razak City but ppl around Salak South Area.
Jagalat
post Apr 24 2018, 08:26 PM

(J)et L(ag) Ji(alat)
*******
Senior Member
5,949 posts

Joined: Oct 2013
QUOTE(Versace! @ Apr 24 2018, 08:14 PM)
Just wondering, it's possible government will build a crossing bridge to Bandar Malaysia from Salak South? since it will give convenient to the tenant here not only for Razak City but ppl around Salak South Area.
*
Highly suggest you to digest many related earlier posts and surely you will find your own verdict...
Versace!
post Apr 24 2018, 10:52 PM

Getting Started
**
Junior Member
152 posts

Joined: Oct 2017
From: Kuala Lumpur


QUOTE(Jagalat @ Apr 24 2018, 08:26 PM)
Highly suggest you to digest many related earlier posts and surely you will find your own verdict...
*
sound like it's a confirm no sweat.gif
kitkat71
post Apr 24 2018, 11:14 PM

Getting Started
**
Junior Member
72 posts

Joined: Mar 2016


QUOTE(woolei @ Apr 24 2018, 01:48 AM)
Hi All, i want to add some point if you consider to buy this razak city project.
- according to unofficial analysis, 99% of parklane owner hate akisama, the remaining 1% wanna murder them.
- bad workman ship, low cost design, bad material, toilet keep on leaking after fix n fix n fix, the defect list when i get the house is over 35 items.
- the shoplot under parklane is still mostly close after 4 years, only mart,mamak,dobi,pool and liquor store survive.
- dont under estimate the power of 6,000 units, it really really hard to sell & rent.
- at 2014, i rented out my basic unit @ RM1.2/month, at 2018 i want to rent out my unit with washing machine & fridge with RM1.2/month, but the tenant ask for RM1.1 or i have better offer.
- the capital appreciation of parklane is flat and almost equal to developer selling price after include cost and loan interest.

my suggestion is, if you still consider Razak City after reading all the above and feel razak city as a good deal.

please take a short trip to parklane oug, see the people there, talk with the people and experience the atmosphere there.

if you can accept the worst case it might turn out like parklane, buy it.

[from a very very tulan parklane owner]
*
Met some neighbours who rented out for Rm1.6k with fridge,washing machine,basic ammenties in 2017.Guess u need to blame yourself for not doing proper homework la..Empty shops? Try going nearby TM1, not even a single shop open since 2014.Defects is kinda subjective as most of apartments in other projects have this issue.
BEANCOUNTER
post Apr 24 2018, 11:49 PM

20k VIP Club
*********
All Stars
20,146 posts

Joined: May 2011
QUOTE(kitkat71 @ Apr 24 2018, 11:14 PM)
Met some neighbours who rented out for Rm1.6k with fridge,washing machine,basic ammenties in 2017.Guess u need to blame yourself for not doing proper homework la..Empty shops? Try going nearby TM1, not even a single  shop open since 2014.Defects is kinda subjective as most of apartments in other projects have this issue.
*
1.6k for one year.

After one year what happens?
Jagalat
post Apr 25 2018, 07:25 AM

(J)et L(ag) Ji(alat)
*******
Senior Member
5,949 posts

Joined: Oct 2013
QUOTE(Versace! @ Apr 24 2018, 04:21 PM)
no link bridge or covered walk way to MRT in Bandar Malaysia?
as i remember the nearest is LRT & KTM salak south station where you have a pedestrian bridge to cross the road but no covered walk way for this
*
Are you referring to the pedestrian bridge in front of Tight Tong school?
If so, feel free to walk from school to LRT stn and see...
M & D
post Apr 25 2018, 09:57 AM

Getting Started
**
Junior Member
114 posts

Joined: Jul 2017
QUOTE(Versace! @ Apr 24 2018, 07:14 PM)
Just wondering, it's possible government will build a crossing bridge to Bandar Malaysia from Salak South? since it will give convenient to the tenant here not only for Razak City but ppl around Salak South Area.
*
why the government wanna do that ? just to convenient the ppl from opposite ? biggrin.gif

103 Pages « < 42 43 44 45 > » Top
 

Change to:
| Lo-Fi Version
0.0237sec    0.41    6 queries    GZIP Disabled
Time is now: 15th December 2025 - 02:46 AM