I believe that the developer already declared the selling price to the land office/DBKL/REHDA. Just that discounts/rebates/cashback and such, especially to bulk purchasers, are not. Plus its an open secret, so its not as if banks and other authorities do not know what is the nett price after deducting the discounts/rebates/cashback.

If a project had bulk purchasers buying it, then just move on to the next one. No point moping over what ifs for this project.

As for banks, they have nothing to do with the pricing of the new launch property. That is the developer's call, and most will use future pricing for their projects since they won't be completed until 4 years later (or in 5 years time for this project).

This post has been edited by DesRed: May 20 2019, 07:25 PM

Possibly, but not sure what the banks have to do with this.

So let's say if I sell my current property at a higher price than what the bank(s) values it? What can the bank(s) do? Nothing.

That's one, but more like a bonus than an actual potential at this stage.

The only few potentials I can think of is not-so-close to the CSL LRT/MRT2 interchange (circa 8xxm), but there will be a shuttle bus provided by the developer for that (subject to JMB decision), and its close driving distance to TRX and the city itself.

And the other plus is in case you need to service/repair your vehicle, the service centres are next door or a block or two away.

Not going to deny that, but there are some folks who argued its less than that, and I myself have tried walking at a similar distance from the TCEAS there and its around 1km ish. That's why I said 'not-so-close'.

And I also did mention previously that the uncovered sidewalk is prone to cars parking on it near the walkway to the CSL LRT station. Hopefully the gov't will put fences on the side to prevent that if they want it to last longer.

I recall its just commercial lots, not a mall.

As for the shuttle bus, the SAs I've met didn't really elaborate on whether non-residents will use it or not.


It'll be interesting if those service centres give a 1/2 nights inclusive stay at Mercure for those whose cars are involved in a major accident as part of the repair package.

This is the first time I've heard of a hotel serving the residential portion of a project. Can't really imagine the JMB seeing an invoice from Mercure detailing the service charge rendered just to some residents/guests in the residential blocks.

I'm sure they will opt to put a stop to such services if the charges are unreasonable such as cutting the direct line to Mercure.

If it did, I'm sure Binastra would've announced it on fb or showed a newspaper clipping of such achievement dy.

So far, I didn't come across such news on fb or print/electronic media which means there must still be quite a number of available units there.

I'm sure it'll take a while for the area to develop. Warehouses and small factories might move out slowly, but it also depends on the owners. Those car showrooms and service centres will stay put for years to come.

You can take PJ SS13 as one example of an industrial area slowly being converted into commercial and high-rise projects. It took many years for it to change and only now, you're seeing commercial and residential high-rises (e.g. Jaya One, Atwater, Ryan & Miho, Pacific Star, PJ Midtown) under con there. Even so, there are still a few factories and service centres scattered around the area.

As for staying there, you'll have to share the road with trailer lorries carrying newly-assembled vehicles or containers if you're commuting to work and leisure via car even if you minus out the construction equipment going in and out of the MRT2 project site once the latter is completed. I used to work around Jln Segambut and saw many such lorries going in and out on a daily basis. Some of them even park at the side near The Era's project site in the mornings while waiting for the Tan Chong plant there to open. Those staying at both the Era and Riana Dutamas will have to put up with this on a daily basis.

Oops, didn't know its called 'S', not 'SS'.

Thanks for the clarification.

This post has been edited by DesRed: May 23 2019, 02:14 PM

Doesn't mean Malaysians (and other 2nd/3rd world countries) can't operate their homes as AirBnB/homestays.

But I agree on the mentality part of these folks, though. When renting a place or stay in AirBnBs, they treat it as if it is their God-given right to do whatever they want with it coz they paid their money's worth for it.

Same goes for affordable housing. Many folks left, right and centre complain about how expensive homes are nowadays, but when initiatives like Rumahw1p, PR1MA and what not are created and built for them, they also do the same thing as the former.

This post has been edited by DesRed: May 27 2019, 04:00 PM

I recall that even for those units advertised for rental, the owners at most also provided partial/basic furnishings only. Very few go the extra distance to fully furnish their unit.

My sister's friend had a very unfortunate incident happen to her rented fully-furnished unit. Rented out to some guy who paid the rent diligently for 2 months, but on the 3rd month, no payment from him and repeated calls to his number went unanswered. When she checked on the unit, it was trashed to kingdom come and it cost her RM 3k plus just to replace the broken items and furniture.

This post has been edited by DesRed: May 28 2019, 11:40 AM

Even so, I still come across many horror stories regarding tenanted units. Some owners are lucky to have good tenants, but there are others who ended up with crap tenants.

Why does this issue still persist even when these owners get the help of SAs to filter out the tenants?

Not too sure on that, but according to the friend, the guy was supposed to be renting for a year.

Then how come that friend's scenario I mentioned previously still happen?

And she isn't exactly in dire straits like those owners you mentioned. She still have other sources of income to sustain herself and her family even if the unit doesn't have a tenant.

I think it's just down to bad luck if you ask me. Not sure if she managed to find a decent tenant after that incident.

It's just on one corner (left) of your FOV, and vertical at that. It's not as if it blocks your entire front view.

You can't get your booking fee back once you signed the S&P. And even if you did manage to cancel the latter, do expect the developer to forfeit it.

Reminds me of Citizen 2. Built in front of Citizen 1 and even though the blocks are aligned to be at the side of the latter project's residential blocks, those who bought some of the corner units are bound to see the former block on one side.

For me, the one thing that really put me off is the long walking distance (and uncovered) to the CSL LRT+MRT2 interchange.

The uncertainty on this bus is once the JMB is formed for the residential part. There is a possibility that it'll be scrapped.

The sales gallery is still there. You can just go there and ask for any available units.

I see.

Wonder how Setia Sky Residences handle their shuttle bus since they still kept it from the time it VP'ed until now.

I recall reading a member's comment some time ago that for some contractors, they'll rush their job for the units nearing the top floor and the latter itself, so the quality varies from bad to good around there. Not sure if this happens for some or most projects.

But from my experience of viewing a unit at the Reach where Binastra built it, but JL99 is the developer, the former's workmanship and quality is pretty good.

Yep, was it in the article as well.

But one thing to note that developers have a way of using their words to make their report look good. Out of that 86% rate, we don't even know how many have already signed the SPA or just booked and waiting for the loan approval.

Best way is to pay a visit to their sales gallery and see the sales chart for yourself.

Does Southgate really need a saviour?

Thought it was more of a commercial building housing companies such as Lazada than a mall.