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

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AskarPerang
post Sep 18 2017, 11:15 PM

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QUOTE(Jagalat @ Sep 18 2017, 11:11 PM)
Thx for your input.
Since many agents knows as you mentioned, l am very very interested to know how to buy subsale with zero down payment. Pls enlighten further. PM also OK. Thx


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mark-up loan / overloan. as long as bank valuation for that property is still high and the owner is letting go low.
AskarPerang
post Sep 19 2017, 10:15 PM

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QUOTE(ahkit123 @ Sep 19 2017, 03:39 PM)
i went to parkland before.... quite nice environment what
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QUOTE(M & D @ Sep 19 2017, 10:08 PM)
i went there too, fren invite to his new house... overall okay lah. Just hard to find car park space.
not much visitor parking
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just so you all know. is a no go zone for us Grab driver. already lazy to tolerate with those bad attitude Africans there. 99% will be Africans. not racist but majority bad attitude. you will need to interact with them to know.
AskarPerang
post Apr 24 2018, 02:53 PM

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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?
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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.
AskarPerang
post May 29 2018, 09:25 AM

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QUOTE(forever1979 @ May 28 2018, 03:06 PM)
dont underestimate density, i mean competition

i just rented out my newly Vp condo in bukit jalil for merely RM1500

walking distance to LRT, good location and partly furnished

people ask why rented below market value ? i just told them who determine market price ? i rather be among the first to rent it out rather than wait tenants slowly filling up the 1K unit condo.

but i quite strict on tenant, RM1500 because is expatriate and small family. and i rented out 1 months plus after VP and basically within a week after my fittings done....
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You got a valid point there but too bad not many people view the same like you and end up blaming agents the one who determine the market price. doh.gif

Let put it this way, you rent out 1 month after completion. Another owner maybe need 12 months (since like you say got 1000 units) to get a tenant at a slightly higher rate. But if count the opportunity cost, he is actually at a loss. 12 months vacant with no rental income. Even if he managed to rent out at 1800, the 12 months vacancy period will not be able to cover up with the additional 300 rental rate.
AskarPerang
post May 29 2018, 02:14 PM

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QUOTE(Kicimiao66cc @ May 29 2018, 12:03 PM)
He determine base on his low holding power. Rented at below market to get tenant but spoiled the entire project rental rate reference. So call smart to save in front part but lost by ended part which selling at Mid cost apprtment price.
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Not surprising due to high competition, Parhill Residence owner force to throw price to be as low as the medium cost standard PPA1M apartment in order to rent out. But untung for the tenants. Pay same rental as medium cost apartment but get to stay at luxury condo.
AskarPerang
post May 29 2018, 07:59 PM

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QUOTE(myhouse @ May 29 2018, 07:30 PM)
May i know wat luxry condo means?
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Premium higher class than normal condo.
Example some ppl say Sentul Village is luxury condo standard as compare to Maxim Citylight.
AskarPerang
post May 30 2018, 09:34 AM

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QUOTE(Asali @ May 30 2018, 09:22 AM)
No HSR mean no Bandar Malaysia. If no Bandar Malaysia why need MRT line 2?
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For MRT line 2 not sure still able to do realignment? I guess not possible as construction works already started.
But yeah if no Bandar Malaysia is not wise to have until 2 MRT station there anymore. Maybe just build the line and mark it as future provision station. The Bandar Malaysia MRT station to be built again and open if got demand?
AskarPerang
post May 31 2018, 10:58 PM

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AskarPerang
post Jun 2 2018, 08:05 AM

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QUOTE(markme @ Jun 2 2018, 03:17 AM)
Sales for this project is still selling. I guess they are doing something right. Developer has the experience in providing properties. Affordable and has its pros that will increase the value.
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This project of course will still go on. Nothing wrong with this particular project.
The stuff in discussion is actually whether Bandar Malaysia will still exist? And also whether both Bandar Malaysia MRT station will actually exist since will be nothing sitting on top of those station, so whay for opening a station into no man land?

So the concern is, without Bandar Malaysia, do you think is still a good buy?
AskarPerang
post Feb 18 2019, 01:18 PM

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QUOTE(TerribleRita88 @ Feb 18 2019, 12:19 PM)
If i'm not mistaken the Bandar Malaysia North MRT station has already started work since last year. I think i read somewhere in Bandar Malaysia itself there will be 2 MRT stations. 1 north and 1 south. The south station is the one connected to the HSRL.

All they need is a pedestrian bridge to link to the station that would be perfect d.
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QUOTE(TerribleRita88 @ Feb 18 2019, 01:03 PM)
My bad. Just googled and here's the article http://www.theedgemarkets.com/article/mof-...derground-works

According to the article, the underground project is still going on.
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Both MRT station Bandar Malaysia North and South already being marked as "future provisional" station only for now. Why have a station when coming up lead you to nothing?


AskarPerang
post Sep 13 2021, 01:38 PM

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QUOTE(Created On 21/1/2021 @ Sep 13 2021, 12:11 PM)
They are very aggressive with their ads now, my Facebook keep popping out every now and then.
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AskarPerang
post Aug 1 2022, 02:36 AM

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QUOTE(wotpian @ Jul 31 2022, 01:55 PM)
Hope to have a link bridge to BM mrt. That will be awesome good news. An underground mrt.
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No point yet as there won’t be any station there at the moment. MRT track will just be passing through.
AskarPerang
post Aug 22 2022, 09:36 PM

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AskarPerang
post Oct 5 2022, 01:38 PM

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AskarPerang
post Oct 30 2022, 09:44 AM

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AskarPerang
post Jan 15 2023, 12:01 PM

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QUOTE(jojolicia @ Nov 29 2022, 03:39 PM)
Ok, so this is the famous Razak City Residence. Looks modular construction to me, hope no seepage.

Who the developer & MC?

👍
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Akisama. Same developer of OUG Parklane.
AskarPerang
post Feb 24 2023, 01:08 PM

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QUOTE(Cavatzu @ Feb 24 2023, 07:46 AM)
It will depend on the land size also. The RC land is huge but the way they’ve clustered the buildings is just unattractive.
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Kesian those units facing another units. No view. No sunlight especially lower level unit.
M Vertica building orientation is much better. That also ppl label as Hong Kong already.
AskarPerang
post Feb 24 2023, 01:31 PM

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QUOTE(Jagalat @ Feb 24 2023, 01:17 PM)
When is the first RC auction unit to come?
MV already have a few.
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RC not yet VP.
AskarPerang
post Mar 18 2023, 02:08 PM

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QUOTE(Chanzeryl @ Mar 18 2023, 01:12 PM)
Heard from sources that no maintenance company wanna do the job here......is it because developer promised buyers no maintenance fee for first year?
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Not first year.
But 5 years free maintenance by developer.
AskarPerang
post Mar 19 2023, 02:03 PM

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QUOTE(jojolicia @ Mar 19 2023, 09:34 AM)
Isn't that 5 yrs free offered by developer means developer own manage or absorb cost (manage by others) of the property maintenance for the said period? No
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Yeah but of course is already factor inside the selling price.
5 years totally run by developer. Owners still need to pay 10% sinking fund to be used as their tabung in the future.

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