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Investment RESIDENSI PLATINUM OUG | VISTA OUG [RUMAWIP] [OT], PVictory aims to be major developer

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twentyfour24
post May 7 2018, 02:20 PM

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Just clarified with SA, the facilities is sharing with Rumawip resident. Maybe good for own stay but not investment since is combine with Rumawip.
netguy
post May 9 2018, 12:35 PM

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QUOTE(twentyfour24 @ Apr 29 2018, 07:27 PM)
Omg. Means not worth to buy for 1250sqft if it sharing with Rumawip.
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I think it's still quite worth it. From what I heard, most of the people who buy RUMAWIP aren't the complicated mix that you'd expect. Sharing of facilities among 400+ normal units + 200+ RUMAWIP is fine.
I love the layout, I love the price, I love the MRT nearby. I would recommend this project to everyone who's looking for own stay in this part of the town.

But for investment, it's a different story I guess. You'd have to compete with the much cheaper PPA1M. A search in iProperty reveals the nearby PPA1M Bukit Jalil scenario. 1400sqft, renting at just RM1000 (attached picture). How can you compete?
Mind you, PPA1M OUG (this current block) is selling at RM300k for 1500sqft.
(Source: https://www.ppa1m.gov.my/project/details/Mz4nzipjJfbs4YsPr)
Meaning, with 90% margin of finance, they will be paying RM1300/mth (1500sf) , while you have to fork out RM2400/mth (1250sf).

If I'm a tenant looking for an economical choice, with an MRT nearby, minus the facilities, PPA1M units would be my choice, at just RM1psf of rent.


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whitegoh
post May 9 2018, 02:35 PM

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QUOTE(netguy @ May 9 2018, 12:35 PM)
I think it's still quite worth it. From what I heard, most of the people who buy RUMAWIP aren't the complicated mix that you'd expect. Sharing of facilities among 400+ normal units + 200+ RUMAWIP is fine.
I love the layout, I love the price, I love the MRT nearby. I would recommend this project to everyone who's looking for own stay in this part of the town.

But for investment, it's a different story I guess. You'd have to compete with the much cheaper PPA1M. A search in iProperty reveals the nearby PPA1M Bukit Jalil scenario. 1400sqft, renting at just RM1000 (attached picture). How can you compete?
Mind you, PPA1M OUG (this current block) is selling at RM300k for 1500sqft.
(Source: https://www.ppa1m.gov.my/project/details/Mz4nzipjJfbs4YsPr)
Meaning, with 90% margin of finance, they will be paying RM1300/mth (1500sf) , while you have to fork out RM2400/mth (1250sf).

If I'm a tenant looking for an economical choice, with an MRT nearby, minus the facilities, PPA1M units would be my choice, at just RM1psf of rent.
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You should go inside ppa1m and have a look first. You get what you paid for!
netguy
post May 13 2018, 10:58 PM

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QUOTE(whitegoh @ May 9 2018, 02:35 PM)
You should go inside ppa1m and have a look first. You get what you paid for!
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Yea, I believe you actually do get what you paid for, haha.
But it's definitely attractive for those looking to rent a big space, without all the hoohas.
ryan@chua
post May 14 2018, 06:49 PM

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QUOTE(W.ROOK @ Apr 28 2018, 09:49 PM)
If I am not mistaken its RM500K and for this price there are plenty of choices.

personally I think it is not a wise move for investing purpose.
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mind to share with all of us which projects 500k can get above 1000sf? somemore so near to lrt
patienceGNR
post May 17 2018, 09:04 AM

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QUOTE(wongsinyee @ May 1 2018, 07:48 PM)
any chance there will be Africans moving into this place? parklane OUG is infested with them
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I think that ultimately comes down to the JMB later on if they allow them to rent the place.

QUOTE(Duckies @ May 3 2018, 02:30 PM)
Any sales agent can PM me if there's any unit left?
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I'm not an agent, i purchased one unit myself. If you're interested drop me a pm. I ask the sales guy to check if still got units, I'll ask him to reach out to you if still have.
Duckies
post May 17 2018, 09:19 AM

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QUOTE(patienceGNR @ May 17 2018, 09:04 AM)
I think that ultimately comes down to the JMB later on if they allow them to rent the place.
I'm not an agent, i purchased one unit myself. If you're interested drop me a pm. I ask the sales guy to check if still got units, I'll ask him to reach out to you if still have.
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I am interested on the rumahwip but it's already sold out. Not interested in the 1250 sqft side sweat.gif
patienceGNR
post May 17 2018, 03:36 PM

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QUOTE(Duckies @ May 17 2018, 09:19 AM)
I am interested on the rumahwip but it's already sold out. Not interested in the 1250 sqft side sweat.gif
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Yeah the WIP is out already. I wanted that as well.. haha. I bought the 1250 one thereafter. Signing LO this weekend.
fearless_kiki
post May 26 2018, 12:42 PM

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Anyone here already sign s&p for the rumawip?
NewCell
post Jun 1 2018, 02:16 PM

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Anyone able to tell this project land belong to who ?
fearless_kiki
post Jun 7 2018, 12:35 AM

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Does anyone know whether this project is on hold or not?
HMMaster
post Jun 7 2018, 03:58 PM

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QUOTE(fearless_kiki @ Jun 7 2018, 12:35 AM)
Does anyone know whether this project is on hold or not?
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They have a launch event this weekend. So I guess it is not on hold.
kokweng1
post Jun 7 2018, 06:50 PM

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QUOTE(HMMaster @ Jun 7 2018, 03:58 PM)
They have a launch event this weekend. So I guess it is not on hold.
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No wonder lawyer call sign spa this weekend... then mean will full of ppl ><
lowyatlau
post Jun 8 2018, 01:58 PM

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Where is their sales gallery located?
kokweng1
post Jun 8 2018, 02:13 PM

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QUOTE(lowyatlau @ Jun 8 2018, 01:58 PM)
Where is their sales gallery located?
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https://goo.gl/maps/h3Asa3fkN3F2

boonpeng1698
post Jun 13 2018, 11:45 PM

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Any buyer here? Hahah.
kokweng1
post Jun 14 2018, 08:01 AM

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Any fb or WhatsApp group ?

Now they give voucher 3k for buyer , better than nothing tho sad.gif

This post has been edited by kokweng1: Jun 14 2018, 08:02 AM
boonpeng1698
post Jun 14 2018, 01:18 PM

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QUOTE(kokweng1 @ Jun 14 2018, 09:01 AM)
Any fb or WhatsApp group ?

Now they give voucher 3k for buyer , better than nothing tho sad.gif
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Yeah. I’m placed booking. Signing snp before July will get 3k electronical appliances voucher.
kokweng1
post Jun 14 2018, 06:01 PM

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QUOTE(boonpeng1698 @ Jun 14 2018, 01:18 PM)
Yeah. I’m placed booking. Signing snp before July will get 3k electronical appliances voucher.
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They give hoe huat voucher, which not many location got
And the voucher expire in 1 year
boonpeng1698
post Jun 16 2018, 12:03 PM

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QUOTE(kokweng1 @ Jun 14 2018, 07:01 PM)
They give hoe huat voucher,  which not many location got
And the voucher expire in 1 year
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Yes. I am still doubting it is good buy for this project. But they are selling fast now.

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