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

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post Apr 25 2018, 11:23 AM

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QUOTE(Jagalat @ Apr 25 2018, 07:25 AM)
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...
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pass by few time. have to walk beside road which has no walk way doh.gif really jia lat
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post Apr 25 2018, 11:26 AM

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QUOTE(M & D @ Apr 25 2018, 09:57 AM)
why the government wanna do that ? just to convenient the ppl from opposite ?  biggrin.gif
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Is like a town here in Razak City with this volume of people... anyway just wondering tongue.gif
but still think there is a possibilities cool2.gif
proudpapa
post Apr 26 2018, 01:37 PM

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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]
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Hi all,

my uncle is staying in Parklane and so far they are quite ok there and made a home for themselves. I think to rate a whole property based on a few units isnt quite fair as I am sure there are residents that are happy with their homes.

All properties made have their pros and cons, I understand the point that you are trying to make but to say that because of one property that was unsatisfactory, all other properties are not worth it would be one sided. Developers has had the time to improve and provide better for the consumers and investors. There are a lof of other factors that contribute to an investment of a property. Location of parklane OUG and Razak city alone is a big difference. If you want to invest in Razak City dont be close minded and look at Parklane, u look at Razak City and its potential.
proudpapa
post Apr 26 2018, 01:41 PM

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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.
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my point in case
newworld00
post Apr 30 2018, 08:55 PM

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QUOTE(proudpapa @ Apr 26 2018, 01:37 PM)
Hi all,

my uncle is staying in Parklane and so far they are quite ok there and made a home  for themselves. I think to rate a whole property based on a few units isnt quite fair as I am sure there are residents that are happy with their homes.

All properties made have their pros and cons, I understand the point that you are trying to make but to say that because of one property that was unsatisfactory, all other properties are not worth it would be one sided. Developers has had the time to improve and provide better for the consumers and investors. There are a lof of other factors that contribute to an investment of a property. Location of parklane OUG and Razak city alone is a big difference. If you want to invest in Razak City dont be close minded and look at Parklane, u look at Razak City and its potential.
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Agreed. "All properties have pros & cons", compare yourself and see if the property worth to buy or not.

amyyyt
post May 2 2018, 11:50 PM

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I've been keeping my tabs on this forum as I am interested in investing in Akisama. well, i WAS. I have just met up with an agent and ready to invest in their new project. I work within the area and the location of RC is quite strategic, if I dont jd one I think wont be too much of a problem to rent out as it can cater to the working classes. I think there will never be a PERFECT developer as every project has its pros and cons, choose one that suits u and YOUR BUDGET!
markme
post May 4 2018, 08:50 AM

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When it comes to investing the important factors u need to take into account are location, PSF and ROI. Anything other than that are just noisy people, in my opinion. Some people might have had bad experiences in property management but every project and development is different and cant be simply compared just like that. Look at it subjectively, their previous developments has saw ROI for their investors, resell up to rm400k, double for what is was originally sold at. So those who are looking to invest, should use logic in their perspective.
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post May 4 2018, 12:26 PM

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QUOTE(markme @ May 4 2018, 08:50 AM)
When it comes to investing the important factors u need to take into account are location, PSF and ROI. Anything other than that are just noisy people, in my opinion. Some people might have had bad experiences in property management but every project and development is different and cant be simply compared just like that. Look at it subjectively, their previous developments has saw ROI for their investors, resell up to rm400k, double for what is was originally sold at. So those who are looking to invest, should use logic in their perspective.
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pls look at time frame lah.....much of the increases were due to property bull run that only happened once in blue moon.

if you talked abt Parklane OUG, yes it was launched at 2xxk, then went as high as 4xxk during the height of bull run, and now dropped back to 300k. I believe lelong units you can get below 300k.

I believe they also have another completed project in Jln Tun Razak. How does this one performed?
SUSmontyashley80
post May 4 2018, 12:44 PM

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QUOTE(Farah DD @ May 4 2018, 12:33 PM)
yes. a link bridge would be a good selling point for this develepor
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though this development was given to the resident at the old salak selatan where they demolished the 4th story apartment??? can we still buy??

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post May 4 2018, 01:35 PM

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QUOTE(Farah DD @ May 4 2018, 12:30 PM)
confirmed leasehold?
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it's leasehold project.. stated in their brochure
M & D
post May 7 2018, 07:25 PM

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QUOTE(BEANCOUNTER @ May 4 2018, 12:26 PM)
pls look at time frame lah.....much of the increases were due to property bull run that only happened once in blue moon.

if you talked abt Parklane OUG, yes it was launched at 2xxk, then went as high as 4xxk during the height of bull run, and now dropped back to 300k. I believe lelong units you can get below 300k.

I believe they also have another completed project in Jln Tun Razak. How does this one performed?
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yes bank lelong lagi cheap than the purchase price. no appreciation... bangwall.gif
m0n0p0ly
post May 14 2018, 12:06 PM

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Any update?
Quang1819
post May 14 2018, 01:34 PM

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This developer better start having new ideas to rename this project lol
HELLO HELLO
post May 14 2018, 02:30 PM

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The developer reputation so bad liao. Change name also no different.
pinkdm
post May 14 2018, 02:38 PM

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QUOTE(HELLO HELLO @ May 14 2018, 02:30 PM)
The developer reputation so bad liao. Change name also no different.
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Hi, i heard people suggest to change the name to "Mah...." city after RABU. rclxm9.gif
HELLO HELLO
post May 14 2018, 02:59 PM

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QUOTE(pinkdm @ May 14 2018, 02:38 PM)
Hi, i heard people suggest to change the name to "Mah...." city after RABU. rclxm9.gif
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After 2 years cannot sell. Change to”Anw...” city 😂
Ckmwpy0370
post May 14 2018, 03:16 PM

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whoever bought this City are under sweat.gif sweat.gif
Clement1001
post May 14 2018, 03:36 PM

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JL99 really going to fly kite already.
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post May 14 2018, 04:11 PM

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QUOTE(Quang1819 @ May 14 2018, 01:34 PM)
This developer better start having new ideas to rename this project lol
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this project suppose to name after his father Abdul Razak. icon_rolleyes.gif
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post May 14 2018, 04:12 PM

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Government going to review all contract with China which mean Bandar Malaysia & High Speed Rail is affected too

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