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 Atwater by Paramount Properties, PJ Section 13, Mixed Development

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aaron1717
post Mar 9 2018, 09:52 AM

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QUOTE(kevin23 @ Mar 9 2018, 07:47 AM)
The jam here in Mk is better than in PJ anytime.
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which part of PJ u comparing against...? during peak hours... the jam at section 13 here is still moving... for MK... the traffic lights along the way during peak hours is killing enough already plus the small dual lane carriageway....
aaron1717
post Mar 9 2018, 12:07 PM

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QUOTE(empatTan @ Mar 9 2018, 12:03 PM)
Mk and pj prices r d same oredi. And rightly so. As both r equally super prime addresses. Pj is more local flavoured. Mk more international. Jams r natural for super prime addresses in kv. From an investment pov however, mk is better.
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gt sapu few biji of MK properties or not since its good for investors... haha... should be gt some good subsales deal there as well...
aaron1717
post Mar 9 2018, 12:21 PM

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QUOTE(empatTan @ Mar 9 2018, 12:18 PM)
My mk props hv never been vacant for more than 2 months... wink.gif
Few years ago, mk props were under valued. If I had listened to mk naysayers, I never would've ventured into here...
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biji yg betul... the old ones are all valuable from investment point of view... as for the newers one... some are too deep inside... some are just not exactly in mont kiara... my fren just bought a mt kiara subsales with a long term tenant inside... every mth gt positive cash flow with 90% LTV....
aaron1717
post Mar 22 2018, 09:07 AM

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QUOTE(empatTan @ Mar 22 2018, 01:17 AM)
I think u r seeing wat I value. Yes, d archaic lishold mindset among maresian is causing grief. It's pushing people to make d wrong choice, erroneous financial decisions.
To add, section 14 houses r rented out for up to 2k. Nowadays 700k popoti can't even fetch that. So, work backwards to get d price of a section 14 house...
Btw, I bot mine for 400k, 4 years ago... tongue.gif
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other than lishold, younger gen want brand new untouched house, zero downpayment, freebies, proper F&G/G&G. landscaping and etc... everyone want to stay in DPC landscaping taman but cant afford to stay in those similar ones at the cities... lol... lishold actually represent good value for money for a good location if you intend to keep for long term rental play without looking at appreciation.... and 4 years ago an outskirt taman new landed house also selling same price already... lol.... and they can only rent out 1k++ per mth
aaron1717
post Mar 23 2018, 09:58 AM

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QUOTE(empatTan @ Mar 22 2018, 05:06 PM)
Sigh... young ones... they just don't get it.

Btw, I'm not that old...

Btw, yes, I don't stay in a 50 year old house. I stay in a 65 year old bungalow...
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haha... actually alot of young ones get it... in the end its all about affordability... alot of youngsters have the loan capacity to own even a 800k house... but have no savings in their account at all... and not willing to wait for long to own one... hence why all the good subsales under-priced and deem not valuable... but its a good case scenario for investors like you though.... laugh.gif laugh.gif
aaron1717
post Mar 23 2018, 10:04 AM

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QUOTE(DesRed @ Mar 23 2018, 09:38 AM)
Yep, and by the time one is able to afford to buy an old house and renovate it, that person won't be young anymore. Pretty normal for younger people to focus on either renting or buying a cheaper house first, then upgrade as the years pass by (depending on one's finances, that is).

Ask the previous generation folks like my parents and they'll say the same thing like they rent a house first, then after a few years when they have enough money, buy a house.
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for my parents generation... my dad bought a house i think after 2 years he started work... but at ulu part of gombak as in 40 years ago.. and then keep on changing location when the family expand... i think i have lived in gombak then imbi then finally cheras... generally my dad mindset is own one as early as possible... the capital appreciation over the years definitely will changed your life... and not to mention rental income too... renting a house is not a wise investment for him during those days... u save some cash flow during that month or that year... but your wealth grow very slow actually...
aaron1717
post Mar 23 2018, 03:16 PM

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QUOTE(DesRed @ Mar 23 2018, 03:11 PM)
Wow, that's quite fast. My parents were renting a semi-D in my hometown in Miri (Sarawak) for 5 years before moving the whole family to a 2-storey detached house. Been 30+ years ago and they're still living there up till this very day.

Btw, the detached house were the type where the owner have to customise/build it himself in a taman where during those days, the developer just provided the land plot, infra, piping and the driveway into it. Looks like those days are over as developers are moving towards constructing houses with a set design and sell it.
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haha... my dad is an accountant... since coming to KL work alone... he has been super calculative.... tongue.gif tongue.gif

mindset also changed as well... at least for KV ppl... we always like ready made item... instead of the need to find a constructor to build your desire house... for developer to sell the hse with the land... its good business for them too... laugh.gif laugh.gif
aaron1717
post Mar 24 2018, 10:51 AM

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QUOTE(Bali ais @ Mar 24 2018, 10:37 AM)
Money aside, it could be quite challenging for normal ppl like myself to evaluate the quality of workmanship, choosing material and etc, when it comes to major reno. Of course you could always hire professional to do it for you but again that comes back to money. I truly believe what you get is what you paid.
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yea... in the end still about money.... thats the headache part for youngsters nowadays... and your concern would be if u spent a professional to eveluate... and he deem the house nt stayable or not worthy... u have to use your time to hunt again... and hire him again to evaluate another house.... laugh.gif laugh.gif
aaron1717
post Sep 26 2018, 11:41 AM

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QUOTE(brother love @ Sep 26 2018, 11:34 AM)
Me really no udrstand some people comments la "ok for own stay for not for flipping"

Means the buyer ok to buy overpriced poorperrty if for own stay??
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own stay involved alot more emotional decision factors than just your calculator and bank account bro....
aaron1717
post Sep 29 2018, 10:26 AM

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QUOTE(brother love @ Sep 26 2018, 06:50 PM)
Exactly lo..there is no such thing as "for own stay ok but not for investment"...there is no such thing

Even if u buy and agreed to buy "for own stay" knowing its overpriced??  but u go tell everybody "buy for own stay ok not for flippig" but in the end, money and numbers mateers...wat if all the units in the pojek price dropped 50%?? And after few years u want to refinance or sell?? Do u knw the bank interest alone will kill u if  not from heart attack after finding out he poorperty u "buy for own stay" market price dropped like hell

I tink people making these statememts are perhaps pujuk dirii sendiri
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not all places are overpriced by 50% or more la deh.... if wanna talk about overpriced stuffs... go and talk at those lelong hotspots... this area still manageable in term of own stay + long term investment.... its still the age old PJ location...

plus the developer of this project is not from mah sing punya mould... if bought MS product... memang tunggu price drop 50% and dont talk about wad own stay or long term investment anymore...
aaron1717
post Oct 11 2018, 10:55 AM

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QUOTE(mroys@lyn @ Oct 11 2018, 07:02 AM)
i tot the developer are abang-adik, no?
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when did paramount aka SHC abang adik with OSK? lol
aaron1717
post Oct 11 2018, 11:21 AM

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QUOTE(BEANCOUNTER @ Oct 11 2018, 11:14 AM)
paramount = sHC?

this one I didn't know...... shocking.gif
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the founder and SHC Group founder blood related mia... i tot older generation would know this... since i got this news from my paretns... lol

 

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