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

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whitejack
post Oct 9 2017, 12:18 AM

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QUOTE(Jagalat @ Oct 8 2017, 01:20 PM)
Just sign booking form show show only.
Then get bank rejection letter, all deposit refund. tongue.gif

Bait the buyers.

whitejack
post Mar 2 2018, 01:01 PM

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QUOTE(newworld00 @ Feb 6 2018, 02:36 PM)
heard from an agent, will proposed a link bridge but waiting authority to approve.
dont know is true or not. If yes, will help this project...
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Do you know need how many authority approve?
To cross that road, you need approval from:
1) DBKL
2) SMART
3) DUKE (future SPE is running there also)
4) Bandar Malaysia

Unless the developer is big developer like SP Setia, Ecoworld, Sime Darby, the small developer will give up the proposal.

A simple thought, those big developer is willing to invest big in infrastructure for their project, because they have cash. Small developer will not invest because the infrastructure is not making money for them.

To see the developer if they are willing to provide the infrastructure, see the project access. If the developer cant even invest in the project access, do you think they will invest in that link bridge?

Food for thought.
whitejack
post Mar 2 2018, 06:05 PM

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QUOTE(jcts @ Mar 2 2018, 02:04 PM)
This is ah jip gor’s project. So to get approval from the mentioned authority is still possible.
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Even MRT project, a national project, funding by nation, a link bridge crossing 3 authority also having hard time to get approval.

With a private project, no funding, crossing 4 authority, is it possible?
whitejack
post Apr 24 2018, 02:36 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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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.


 

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