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 EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Version 2

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BEANCOUNTER
post Sep 23 2019, 02:01 PM

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QUOTE(areas @ Sep 23 2019, 10:13 AM)
1800 psf - is this current average or just that particular development?
ED has much lower price psf during launching almost 10 years ago..
So ED buyer still has good price to sell..
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1800psf was for pavilion dh.....nothing to do with EC OR ED.

empire was clever enuf to launch EC prior to the vp of ED otherwise I can guarantee there wont be any repeat customers for them in EC.
BEANCOUNTER
post Sep 23 2019, 02:04 PM

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QUOTE(Xaser_3 @ Sep 23 2019, 09:20 AM)
Pay cash and suffer the wrath of LHDN taxman πŸ˜‚πŸ€£
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Unless you wash black money or obtaining money via illegal source, I don't see why so scare 3 scare 4 when comes to buy property or car using cash.
BEANCOUNTER
post Sep 23 2019, 02:04 PM

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QUOTE(Xaser_3 @ Sep 23 2019, 09:20 AM)
Pay cash and suffer the wrath of LHDN taxman πŸ˜‚πŸ€£
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Unless you wash black money or obtaining money via illegal source, I don't see why so scare 3 scare 4 when comes to buy property or car using cash.
Xaser_3
post Sep 23 2019, 02:10 PM

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QUOTE(BEANCOUNTER @ Sep 23 2019, 02:04 PM)
Unless you wash black money or obtaining money via illegal source, I don't see why so scare 3 scare 4 when comes to buy property or car using cash.
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That is like an open invitation for the taxman to open up your file and scrutinise under a microscope. So far all the friends/people I know who took the bold step and bought their investment properties using cold hard cash have had encounters with LHDN and end up paying more enriching their accountant. In the end also had to pay penalty to LHDN.
areas
post Sep 23 2019, 02:20 PM

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QUOTE(BEANCOUNTER @ Sep 23 2019, 02:04 PM)
Unless you wash black money or obtaining money via illegal source, I don't see why so scare 3 scare 4 when comes to buy property or car using cash.
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You answered the question ady..

This post has been edited by areas: Sep 23 2019, 02:20 PM
AskarPerang
post Sep 25 2019, 07:06 PM

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QUOTE(AskarPerang @ Sep 19 2019, 03:09 PM)
4 active lelong units in the market at the moment.
But weird. Some banks label this as SOHO instead of office suite?
user posted image
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This unit C-18-01 sold at reserve price 315k just now. Single bidder win.
Not sure is a good catch or not.
areas
post Sep 26 2019, 09:54 AM

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QUOTE(AskarPerang @ Sep 25 2019, 07:06 PM)
This unit C-18-01 sold at reserve price 315k just now. Single bidder win. 
Not sure is a good catch or not.
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Not good since new buyer have to pay high amount of outstanding maintenance & also unit may not in good condition. The price there also not appreciate so much from launch price..
Xaser_3
post Sep 26 2019, 10:06 AM

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QUOTE(areas @ Sep 26 2019, 09:54 AM)
Not good since new buyer have to pay high amount of outstanding maintenance & also unit may not in good condition. The price there also not appreciate so much from launch price..
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That is the kind of risk one has to undertake when buying auctioned properties. If got the opportunity to conduct dew diligence before attending auction would be the best instead of happily bidding and ending up with shocking feeling and displeasure after.
ahkit123
post Sep 26 2019, 02:48 PM

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QUOTE(AskarPerang @ Sep 25 2019, 08:06 PM)
This unit C-18-01 sold at reserve price 315k just now. Single bidder win. 
Not sure is a good catch or not.
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Expensive for auction

areas
post Sep 26 2019, 05:24 PM

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QUOTE(AskarPerang @ Sep 25 2019, 07:06 PM)
This unit C-18-01 sold at reserve price 315k just now. Single bidder win. 
Not sure is a good catch or not.
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The only good thing is block c can be rented out immediately
AskarPerang
post Sep 26 2019, 05:29 PM

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QUOTE(areas @ Sep 26 2019, 05:24 PM)
The only good thing is block c can be rented out immediately
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Reason? Coz come fully furnish by the developer?

areas
post Sep 26 2019, 05:33 PM

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QUOTE(AskarPerang @ Sep 26 2019, 05:29 PM)
Reason? Coz come fully furnish by the developer?
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Because block C is completed & is ready to be occupied. Some block still under repair, no aircond, water etc..
Xaser_3
post Sep 26 2019, 05:48 PM

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QUOTE(ahkit123 @ Sep 26 2019, 02:48 PM)
Expensive for auction
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That's pretty much the same thought I had in mind but still someone was brave enough to step forth as a bidder and won the auction. All comes down to willing seller, willing buyer.
ahkit123
post Sep 26 2019, 08:48 PM

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QUOTE(Xaser_3 @ Sep 26 2019, 06:48 PM)
That's pretty much the same thought I had in mind but still someone was brave enough to step forth as a bidder and won the auction. All comes down to willing seller, willing buyer.
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Meaning still hv loaded invester looking for value buy... Not only cheap sales
Xaser_3
post Sep 27 2019, 12:12 AM

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QUOTE(ahkit123 @ Sep 26 2019, 08:48 PM)
Meaning still hv loaded invester looking for value buy... Not only cheap sales
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Sure does seem that way. Simple anology, even in the darkest of times in a financial uncertainly, there will always be a rolls royce being sold some where in the world.
ckchong1
post Oct 18 2019, 10:58 PM

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Do we have a whatapps chatroom for MOSSAZ owner group?
cheesegurt
post Oct 31 2019, 08:29 PM

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[quote=ckchong1,Oct 18 2019, 11:58 PM]
Do we have a whatapps chatroom for MOSSAZ owner group?
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[/quoting
U bought mossaz?
milansq
post Nov 5 2019, 10:41 PM

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KUALA LUMPUR (Nov 5): HCK Capital Group Bhd is planning on buying a commercial parcel at Empire City @ Damansara for RM10.71 million in cash.

https://www.theedgemarkets.com/article/hck-...amansara-rm107m



This post has been edited by milansq: Nov 5 2019, 10:42 PM
Xaser_3
post Nov 6 2019, 08:34 AM

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QUOTE(milansq @ Nov 5 2019, 10:41 PM)
KUALA LUMPUR (Nov 5): HCK Capital Group Bhd is planning on buying a commercial parcel at Empire City @ Damansara for RM10.71 million in cash.

https://www.theedgemarkets.com/article/hck-...amansara-rm107m
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Wonder what they plan to develop with that parcel of land?
SUSscarypoolparty
post Nov 6 2019, 12:25 PM

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QUOTE(Xaser_3 @ Nov 6 2019, 08:34 AM)
Wonder what they plan to develop with that parcel of land?
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10.71mil you want to buy 17ksq land in dsara Perdana????

just an entire floor of ready built office space nia…...


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