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Investment THE PARK 2 @ PAVILION BUKIT JALIL [OWNERS' THREAD], Malton to launch Final Phase of BJC

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ryan@chua
post Oct 6 2016, 07:26 PM

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QUOTE(CORBUSIER @ Oct 6 2016, 03:27 PM)
Not too agreed to your points.
1. Big mall needs staff/ workers to support, hence nearby affordable residential could help. Like midvalley and its surroundings. ??? Which one of my point that you disagreed ??lol

2. BJ still a nice place compare to others, with its natural landscape settings and strategic location.
U compare to which areas??

3. Looking forward both Paradigm and Pavilion BJ will be success as there are huge population from the southern part, e.g. puchong, shah alam, etc. KL ciity itself slowly saturated and replaced by foreign workers and tourist.
Commercial success but resi suffer. Lol

4. Mk is a good place but recently with too many expats and diff types of people..
Expats not good to you ? U prefer banglas, gov servants?

2 cents
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DS4
post Oct 7 2016, 07:50 AM

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QUOTE(CORBUSIER @ Oct 6 2016, 02:09 PM)
Park 1, 2 and Skyluxe are luxury service apartments with commercial title.
Waltz is luxury condominium with residential title
Harve is more like prima/ medium range residential

correct me if i am wrong.
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The different in nature between these three developments are the land title.
Either luxury, or prima range of class,...I got no idea.....
Because it is very hard to measure and in our Malaysia industry,
There is no standard guideline in defining the classes of those condominium or service apt.
No point scoring or any rating system.
So better leave it to your own judgement....

mthc
post Oct 13 2016, 01:25 PM

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QUOTE(KLProperty @ Oct 13 2016, 08:30 AM)
Private Preview Soon !!!
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Sales must be bad. Private preview since 2 weeks ago already..
DS4
post Oct 13 2016, 08:58 PM

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QUOTE(mthc @ Oct 13 2016, 01:25 PM)
Sales must be bad. Private preview since 2 weeks ago already..
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Haha....the first preview in fact in more than two weeks ago....
Never ending preview....
👍

mthc
post Oct 14 2016, 10:07 AM

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QUOTE(DS4 @ Oct 13 2016, 08:58 PM)
Haha....the first preview in fact in more than two weeks ago....
Never ending preview....
👍
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Front cover of The Star today has a full page Park 2 advertisement
Lowtan
post Oct 15 2016, 01:23 PM

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Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
DS4
post Oct 15 2016, 01:33 PM

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QUOTE(Lowtan @ Oct 15 2016, 01:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Huge mall front,
Large park back.
Look like the only one in Malaysia at this moment.... thumbup.gif

BEANCOUNTER
post Oct 15 2016, 01:36 PM

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QUOTE(Lowtan @ Oct 15 2016, 01:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Depends on how successful the mall is....
And the daily jamx3 on bj highway
bigman
post Oct 15 2016, 02:38 PM

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QUOTE(Lowtan @ Oct 15 2016, 01:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Sorry to say that, BJ properties are not for rental play.... unless u already bought unit before booming time...


This post has been edited by bigman: Oct 15 2016, 02:39 PM
ryan@chua
post Oct 15 2016, 02:38 PM

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QUOTE(Lowtan @ Oct 15 2016, 02:23 PM)
Placed a booking for Park 2 last week.
smallest unit.
like the location, the whole integrated development huge reputable mall in front and lush greenery park behind.
my only concern is how much i have to top up for installment from my rental..
*
Any show unit photos to share ?

Cocoon
post Oct 15 2016, 03:33 PM

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QUOTE(DS4 @ Oct 15 2016, 01:33 PM)
Huge mall front,
Large park back.
Look like the only one in Malaysia at this moment.... thumbup.gif
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Got. Klcc lo.park much smaller
wltw87
post Oct 15 2016, 05:00 PM

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so whats the pricing like (after rebate)?
Lyforumer16
post Oct 15 2016, 06:57 PM

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QUOTE(wltw87 @ Oct 15 2016, 05:00 PM)
so whats the pricing like (after rebate)?
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Was told rm850psf after 5+5% rebate for the lowest floor 750sf unit.

juliogeorges
post Oct 15 2016, 07:47 PM

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QUOTE(privilege2u @ Sep 12 2016, 03:48 PM)
Hi Ryan, good question on all your spec concern. I will get you all those details and send to you soon.

Meantime, Malton have studied well on their compertitor and is now fine tuning their id and product qualities to make sure it will be one class higher.
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Hi, mind pm me the info above as well? Thanks!
Lowtan
post Oct 15 2016, 10:30 PM

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QUOTE(bigman @ Oct 15 2016, 02:38 PM)
Sorry to say that, BJ properties are not for rental play.... unless u already bought unit before booming time...
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i am holding it for mid term at least. i believe Park 2 is a notch above and not competing with other mass market project in BJ. If cost is an issue, i would have chosen Havre or Earth, which may have better yield (or is it), but then again its a mass market product. People may argue Park have thousand of unit, but this is a fraction of tens of thousand available in BJ. Park 2.

and in BJ there is no integrated development of such scale. and well the brand carry some weight too.

basically many property that i had survey may not return the rental-can-covered-installment for newly launched project.

i am looking for a balance between yield vs mid term potential vs quality of project vs quality of tenant kinda of project and not mass market.
ryan@chua
post Oct 15 2016, 11:40 PM

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QUOTE(Lowtan @ Oct 15 2016, 11:30 PM)
i am holding it for mid term at least. i believe Park 2 is a notch above and not competing with other mass market project in BJ. If cost is an issue, i would have chosen Havre or Earth, which may have better yield (or is it), but then again its a mass market product. People may argue Park have thousand of unit, but this is a fraction of tens of thousand available in BJ. Park 2. 

and in BJ there is no integrated development of such scale. and well the brand carry some weight too.

basically many property that i had survey may not return the rental-can-covered-installment for newly launched project.

i am looking for a balance between yield vs mid term potential vs quality of project  vs quality of tenant kinda of project and not mass market.
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Heard show unit open. Did u see ? How is it? Materials/fittings/sanitary wares given good ? Any photos?
TSaccetera
post Oct 15 2016, 11:57 PM

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The materials and specs and ID better than The Park Sky.
wltw87
post Oct 16 2016, 12:48 AM

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QUOTE(Lyforumer16 @ Oct 15 2016, 06:57 PM)
Was told rm850psf after 5+5% rebate for the lowest floor 750sf unit.
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woah.. thats quite pricey even after rebates.
ryan@chua
post Oct 16 2016, 01:23 AM

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QUOTE(accetera @ Oct 16 2016, 12:57 AM)
The materials and specs and ID better than The Park Sky.
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Better than skyluxe or not ? Because their price tag almost the same.
BEANCOUNTER
post Oct 16 2016, 02:07 AM

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QUOTE(wltw87 @ Oct 16 2016, 12:48 AM)
woah.. thats quite pricey even after rebates.
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They are cashing in the unknown mall.

Havent investors learnt from velocity?

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