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Investment AMANI RESIDENCES @ BANDAR PUTERI PUCHONG, The hillside of Bandar Puteri Puchong

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ZGMF-X24S
post May 21 2020, 02:40 PM

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Hi all, i'm planning to buy this property, 2R2B
can anyone recommend if this is a good buy?

thanks
chicargo
post May 21 2020, 03:13 PM

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QUOTE(ZGMF-X24S @ May 21 2020, 02:40 PM)
Hi all, i'm planning to buy this property, 2R2B
can anyone recommend if this is a good buy?

thanks
*
Since you are already planning to buy, what did you consider when deciding?
ZGMF-X24S
post May 21 2020, 05:29 PM

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QUOTE(chicargo @ May 21 2020, 03:13 PM)
Since you are already planning to buy, what did you consider when deciding?
*
location, price, size, facilities, and where is it a good investment for rental/selling in future

This post has been edited by ZGMF-X24S: May 21 2020, 06:55 PM
chicargo
post May 21 2020, 08:10 PM

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QUOTE(ZGMF-X24S @ May 21 2020, 05:29 PM)
location, price, size, facilities, and where is it a good investment for rental/selling in future
*
Competitors are The Cruise and The Pulse...might be a good idea to compare pricing psf and developer track record if you haven't
ZGMF-X24S
post May 21 2020, 10:38 PM

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QUOTE(chicargo @ May 21 2020, 08:10 PM)
Competitors are The Cruise and The Pulse...might be a good idea to compare pricing psf and developer track record if you haven't
*
seems like Amani is much cheaper price psf compared to The Cruise and The Pulse

The Cruise - 639 ppsf
The Pulse - new project beside The Cruise, and by BRDB, starting from 600k so it's much more expensive
Amani - 13 floor 606 ppsf, 21 floor 628 ppsf

But this JianKun developer only got 1 completed project that is Bayu Heights

That's why wanna ask opinion from members in lowyat
jonathansshui
post May 28 2020, 10:10 AM

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QUOTE(ZGMF-X24S @ May 21 2020, 10:38 PM)
seems like Amani is much cheaper price psf compared to The Cruise and The Pulse

The Cruise - 639 ppsf
The Pulse - new project beside The Cruise, and by BRDB, starting from 600k so it's much more expensive
Amani - 13 floor 606 ppsf, 21 floor 628 ppsf

But this JianKun developer only got 1 completed project that is Bayu Heights

That's why wanna ask opinion from members in lowyat
*
Doesn't matter only one completed project, reputable Developer like Mahsing got alot of completed projects too, but end up their products sucks. Now Amani had built up and almost completed, can consider this if you
1. looking for ready move in soon
2. like this area
3. prefer low density
4. better for Ownstay instead of Investment
Let me know if u wan to check the available units left.
flight
post May 28 2020, 11:17 AM

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QUOTE(ZGMF-X24S @ May 21 2020, 10:38 PM)
seems like Amani is much cheaper price psf compared to The Cruise and The Pulse

The Cruise - 639 ppsf
The Pulse - new project beside The Cruise, and by BRDB, starting from 600k so it's much more expensive
Amani - 13 floor 606 ppsf, 21 floor 628 ppsf

But this JianKun developer only got 1 completed project that is Bayu Heights

That's why wanna ask opinion from members in lowyat
*
33 psft and 11 psft cheaper is not much cheaper.

Its basically the same price
ZGMF-X24S
post May 28 2020, 11:45 AM

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QUOTE(flight @ May 28 2020, 11:17 AM)
33 psft and 11 psft cheaper is not much cheaper.

Its basically the same price
*
well for the price of The Cruise i actually got it from google, basically it's price starting from 639 psft

ZGMF-X24S
post May 28 2020, 11:46 AM

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QUOTE(jonathansshui @ May 28 2020, 10:10 AM)
Doesn't matter only one completed project, reputable Developer like Mahsing got alot of completed projects too, but end up their products sucks. Now Amani had built up and almost completed, can consider this if you
1. looking for ready move in soon
2. like this area
3. prefer low density
4. better for Ownstay instead of Investment
Let me know if u wan to check the available units left.
*
hahaha are you one of the SAs?
i actually ending up booking one unit at Amani
I see the potential of it in Bandar Puteri, and also nearby to MRT stations
and yes i'm planning to own stay for few years then only rent it out when i am able to get a landed house
jacklim5886
post Jun 15 2020, 03:57 PM

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QUOTE(ZGMF-X24S @ May 28 2020, 11:46 AM)
hahaha are you one of the SAs?
i actually ending up booking one unit at Amani
I see the potential of it in Bandar Puteri, and also nearby to MRT stations
and yes i'm planning to own stay for few years then only rent it out when i am able to get a landed house
*
possible there will be delay of handover for Amani.
the site progress is a bit slow initially and totally stop due MCO somemore. definitely it will impact on the handover, but with LAD why not?
hope they dont rush for the sake of LAD and impact on the workmanship.

for own stay amani is fine as the environment is away for the main road and less noise.
if for investment definitely the other 2 is better as it is near the main road and business center.



fotokaki
post Jun 16 2020, 01:39 PM

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QUOTE(ZGMF-X24S @ May 28 2020, 11:46 AM)
hahaha are you one of the SAs?
i actually ending up booking one unit at Amani
I see the potential of it in Bandar Puteri, and also nearby to MRT stations
and yes i'm planning to own stay for few years then only rent it out when i am able to get a landed house
*
A more quiet stay at Amani and close to the MRT is a bonus !
Bandar Puteri is a mature area so stay away from the traffic is a good choice.
icemanfx
post Jun 16 2020, 01:59 PM

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http://idaman2.kpkt.gov.my:8888/idv5/98_eH...proj_kod_Fasa=1

http://idaman2.kpkt.gov.my:8888/idv5/98_eH...SIDENSI%20AMANI

About 85% sold
ZGMF-X24S
post Jun 23 2020, 12:16 AM

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QUOTE(icemanfx @ Jun 16 2020, 01:59 PM)
just out of curiosity, how can i have access to info like this?

i have also heard from a SA of different property, saying that JKI do not have much cash flow right now to complete the project.
No idea how this SA got the info, but he mentioned that JKI only has 2mil left in cash flow and it's impossible to complete the rest of the constructions with such little money
He also mentioned that if developer has insufficient fund to complete the construction, they would resort to "tofu" development, which lead to low quality and a lot of defects

Can someone confirm regarding this?
icemanfx
post Jun 23 2020, 12:20 AM

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QUOTE(ZGMF-X24S @ Jun 23 2020, 12:16 AM)
just out of curiosity, how can i have access to info like this?

i have also heard from a SA of different property, saying that JKI do not have much cash flow right now to complete the project.
No idea how this SA got the info, but he mentioned that JKI only has 2mil left in cash flow and it's impossible to complete the rest of the constructions with such little money
He also mentioned that if developer has insufficient fund to complete the construction, they would resort to "tofu" development, which lead to low quality and a lot of defects

Can someone confirm regarding this?
*
With 85% sold, developer should have more than sufficient funds to complete the project unless funds has been diverted.

This post has been edited by icemanfx: Jun 23 2020, 12:21 AM
AFZAARTING
post Jun 23 2020, 11:18 AM

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Park
ZGMF-X24S
post Jun 23 2020, 01:05 PM

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QUOTE(icemanfx @ Jun 23 2020, 12:20 AM)
With 85% sold, developer should have more than sufficient funds to complete the project unless funds has been diverted.
*
hmm.gif hmm.gif guess there's no way to check if the funds has been diverted
icemanfx
post Jun 23 2020, 01:45 PM

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QUOTE(ZGMF-X24S @ Jun 23 2020, 01:05 PM)
hmm.gif   hmm.gif  guess there's no way to check if the funds has been diverted
*
Amount loan draw down vs actual site progress, construction speed, etc are indicators.

This post has been edited by icemanfx: Jun 23 2020, 01:46 PM
ZGMF-X24S
post Jun 23 2020, 03:15 PM

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QUOTE(ZGMF-X24S @ Jun 23 2020, 12:16 AM)
just out of curiosity, how can i have access to info like this?

i have also heard from a SA of different property, saying that JKI do not have much cash flow right now to complete the project.
No idea how this SA got the info, but he mentioned that JKI only has 2mil left in cash flow and it's impossible to complete the rest of the constructions with such little money
He also mentioned that if developer has insufficient fund to complete the construction, they would resort to "tofu" development, which lead to low quality and a lot of defects

Can someone confirm regarding this?
*
NCH9212 can help to clarify on this?
and since the property is under commercial title, is it possible to change to residential?
as the utility bills and quit rent is much higher compared to a residential one

This post has been edited by ZGMF-X24S: Jun 23 2020, 03:16 PM
chainyong
post Jun 23 2020, 04:03 PM

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QUOTE(ZGMF-X24S @ May 28 2020, 11:46 AM)
hahaha are you one of the SAs?
i actually ending up booking one unit at Amani
I see the potential of it in Bandar Puteri, and also nearby to MRT stations
and yes i'm planning to own stay for few years then only rent it out when i am able to get a landed house
*
Non walking distance to LRT station, means it is not a bonus. 3km distance
Lack of amenities nearby means less attractive to tenant

Bandar puteri is a mature area ,.more and more high rise building will launch in future along the road from ioi gelleria to bandar puteri commercial park.

For own stay is ok, the selling price is lower than IOI.

This post has been edited by chainyong: Jun 23 2020, 04:04 PM
chainyong
post Jun 23 2020, 04:10 PM

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QUOTE(fotokaki @ Jun 16 2020, 01:39 PM)
A more quiet stay at Amani and close to the MRT is a bonus !
Bandar Puteri is a mature area so stay away from the traffic is a good choice.
*
Unless you just stay in Amani and no need to go out for work/food/shopping.

Anyhow you still need to go or pass by bandar puteri area , also most of the nearby main exit is always full of car, Amani never stay away from traffic.


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