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Investment BLOOMSVALE RESIDENCES @ OLD KLANG ROAD [OT], Live & Love

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DesRed
post Jul 10 2019, 12:18 AM

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Really pity those Tiara Mutiara residents. Based on this Bloomsvale render, it looks like those north-east facing units will be looking at the latter's carpark or the facilities floor (for the high floor units).
maxisfibre
post Jul 10 2019, 04:10 AM

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QUOTE(DesRed @ Jul 10 2019, 12:18 AM)
Really pity those Tiara Mutiara residents. Based on this Bloomsvale render, it looks like those north-east facing units will be looking at the latter's carpark or the facilities floor (for the high floor units).
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Construction period jia lak abit ba..
DesRed
post Jul 10 2019, 09:23 AM

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QUOTE(maxisfibre @ Jul 10 2019, 04:10 AM)
Construction period jia lak abit ba..
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You'll have a nice view of the carpark and facilities floor once this project is completed. Can't deny that.

For now, just relish the view while it's still there. laugh.gif

This post has been edited by DesRed: Jul 10 2019, 09:24 AM
cash flow investor
post Jul 14 2019, 09:23 PM

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Bloomsvale :

Summary from what I analyst

Main Point : 66 storeys
(should be highest residential tower in Malaysia)
Total unit : 550*2Towers = 1'100 units
Corporate Tower with around 270+ rooms for Hotel operator: Courtyard by Marriott for 10years Contract.

Price (after Disc etc) about 750-780/sqft
Fully furnished with Home appliances
-meaning the actual partial furnished - if minus out all those furniture Home appliances and workmanship cost that given. selling price should be around 500K or below per sqft for (year 2019 July)


Land area around 5+acres for 4-5 storey of shopping mall will be manage by KP Group

KP Group HQ will move in to corporate tower
Avelator company will set up office in corporate tower

Due to property market now stagnant and not that active.. this project will be a Great one to consider. As 750+- / sqft was the price for partial furnished for those projects that consider great one in Jalan Puchong/ OKR/ Happy Garden/ Kuchai etc back to 3-4 years ago.

Bloomsvale target to be completed by year 2023(Meaning around 7-8years gap for those project launched few years back, but selling price per sqft not much different). Meaning KP in actual are selling reasonable price for the early bird buyer. As I aware this project just started on sales not more than two months.

Conclusion: Good Buy for mid-long hold for investment or If you are looking for a Good lifestyle living, As worst come to worst you still owning unit that come with fully furnished and location in Jalan Puchong (depends how familiar and how much you like to stay at this area; personally Jalan Puchong just next to OUG, PJ connect to OKR. Is a strategy location for those working in KL/PJ.
(As I don't agree to flip in short due to market slowdown and too many government programs campaigns offer for new home buyer.)




henryn
post Jul 15 2019, 11:35 AM

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QUOTE(cash flow investor @ Jul 14 2019, 09:23 PM)
Bloomsvale :
» Click to show Spoiler - click again to hide... «


Price (after Disc etc) about 750-780/sqft
Fully furnished with Home appliances
-meaning the actual partial furnished - if minus out all those furniture Home appliances and workmanship cost that given. selling price should be around 500K or below per sqft for (year 2019 July)
» Click to show Spoiler - click again to hide... «


Conclusion: Good Buy for mid-long hold for investment or If you are looking for a Good lifestyle living, As worst come to worst you still owning unit that come with fully furnished and location in Jalan Puchong (depends how familiar and how much you like to stay at this area; personally Jalan Puchong just next to OUG, PJ connect to OKR. Is a strategy location for those working in KL/PJ.
(As I don't agree to flip in short due to market slowdown and too many government programs campaigns offer for new home buyer.)
*

Great analysis!

RM 750 psf - RM 500 psf = RM 250 psf difference.
For 660 sf unit, it would turn up 660 sf x RM 250 = RM 165,000 value difference.
I have done simple calculation below and the sum is difference from RM 165k, any sifu can help out?


Item (Source) Median Price
Kitchen cabinet (guesstimate) 5000
Microwave (simple google) 250
Fridge (simple google) 1100
Induction hood & hob (simple google) 2500
Washer dryer 2 in 1 (simple google) 2000
Shower screeen (guesstimate) 1200
Water heater tank (guesstimate) 1000
Mirror (guesstimate) 300
TV 49" (guesstimate) 1300
TV console (simple google) 900
Sofa (guesstimate) 2000
Coffee table (simple google) 150
Dining table & chair (simple google) 1500
Bed set - Queen (guesstimate) 3500
Bed set - Single King (guesstimate) 2500
Bedlinen with pillow (for 2 rooms) (guesstimate) 700
Adequate light for whole unit (guesstimate) 2500
Air-cond x3 (simple google) 3000
Wardrobe x2 (guesstimate) 5000
Smart home features (guesstimate) 2000
Curtain and blind (guesstimate) 4500
Electric kettle (simple google) 80
Iron & iron board (simple google) 250
Hair dryer (simple google) 100
Ceilling fans x 3 (guesstimate) 1500
TOTAL - RM 44,830


















se800i
post Jul 17 2019, 01:38 PM

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QUOTE(henryn @ Jul 15 2019, 12:35 PM)
Great analysis!

RM 750 psf - RM 500 psf = RM 250 psf difference.
For 660 sf unit, it would turn up 660 sf x RM 250 = RM 165,000 value difference.
I have done simple calculation below and the sum is difference from RM 165k, any sifu can help out?
Item (Source)  Median Price
Kitchen cabinet (guesstimate)  5000
Microwave (simple google)  250
Fridge (simple google)  1100
Induction hood & hob (simple google)  2500
Washer dryer 2 in 1 (simple google)  2000
Shower screeen (guesstimate)  1200
Water heater tank (guesstimate)  1000
Mirror (guesstimate)  300
TV 49" (guesstimate)  1300
TV console (simple google)  900
Sofa (guesstimate)  2000
Coffee table (simple google)  150
Dining table & chair (simple google)  1500
Bed set - Queen (guesstimate)  3500
Bed set - Single King (guesstimate)  2500
Bedlinen with pillow (for 2 rooms) (guesstimate)  700
Adequate light for whole unit (guesstimate)  2500
Air-cond x3 (simple google)  3000
Wardrobe x2 (guesstimate)  5000
Smart home features (guesstimate)  2000
Curtain and blind (guesstimate)  4500
Electric kettle (simple google) 80
Iron & iron board (simple google) 250
Hair dryer (simple google)  100
Ceilling fans x 3 (guesstimate)  1500
TOTAL -  RM 44,830
*
RM 500 is the property sqft price previously?
henryn
post Jul 18 2019, 09:00 AM

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QUOTE(se800i @ Jul 17 2019, 01:38 PM)
RM 500 is the property sqft price previously?
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RM 500 psf is quoted based on previous post by Cash Flow Investor. My understanding from his post is that RM 750 psf minus out cost of furnish equals to RM 500 psf.

So based on that, I try to calculate the total value of the furnish given.
MrBlackie33
post Jul 18 2019, 09:52 AM

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Can the buyer opt for bare unit instead?
henryn
post Jul 21 2019, 07:58 AM

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QUOTE(MrBlackie33 @ Jul 18 2019, 09:52 AM)
Can the buyer opt for bare unit instead?
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No.

Currently promotion with free furnish package, after promotion unit is believed to come with only partial furnish.
twc0608
post Jul 21 2019, 10:59 PM

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Any buyer that signed S&P ? Haha
drbone
post Jul 22 2019, 05:09 PM

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QUOTE(cynthiafoong @ Jun 28 2019, 11:01 AM)
i booked a unit last weekend, which is the first weekend they started selling. 3k booking fees, almost fully furnished (including water kettle, 3 queen size mattress, curtain, etc.) To me, this project is more like a hotel residence style with concierge. the unit that i chose is about 720 nett psf, build up 876 sqf.

It has got darn lotsa layout, with both tandem and side by side parking. Too many until SA there also got confused. Some of the tandem parking got locker box for your bicycle and bike.
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How come managed to get such a good price? which floor?
henryn
post Jul 24 2019, 08:53 AM

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QUOTE(drbone @ Jul 22 2019, 05:09 PM)
How come managed to get such a good price? which floor?
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RM 720 psf is possible if booked early, lower floor.
drbone
post Jul 24 2019, 09:07 AM

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QUOTE(henryn @ Jul 24 2019, 08:53 AM)
RM 720 psf is possible if booked early, lower floor.
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Nice. Could you share with me an agent's number? Would like to enquire about this place.

This post has been edited by drbone: Jul 24 2019, 09:07 AM
cynthiafoong
post Jul 24 2019, 11:14 AM

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QUOTE(drbone @ Jul 22 2019, 05:09 PM)
How come managed to get such a good price? which floor?
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Lower floor on 21st floor. I went on the first weekend when they launched. For that size with side by side parking, cheapest option that time was 21st floor. FYI, the residence floor starts at Level 12 if not mistaken (4 levels of mall & 7 levels of parking).
BEANCOUNTER
post Jul 24 2019, 12:45 PM

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HoongGod
post Jul 24 2019, 05:21 PM

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If i'm not mistaken every 1 floor up is +2k.
hianlc
post Jul 26 2019, 08:10 AM

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QUOTE(henryn @ Jul 24 2019, 08:53 AM)
RM 720 psf is possible if booked early, lower floor.
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Lower floor from 730 sq.ft also 2 bedrooms. 661 sq.ft lowest floor is level 33
hianlc
post Jul 26 2019, 08:12 AM

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QUOTE(twc0608 @ Jul 21 2019, 10:59 PM)
Any buyer that signed S&P ? Haha
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Can sign SPA, bank also can disbursement.… piling done
hianlc
post Jul 26 2019, 08:13 AM

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QUOTE(MrBlackie33 @ Jul 18 2019, 09:52 AM)
Can the buyer opt for bare unit instead?
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It's standard fully furnished. Just like Vista Residence, Genting
drbone
post Jul 27 2019, 05:44 AM

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QUOTE(hianlc @ Jul 26 2019, 08:10 AM)
Lower floor from 730 sq.ft also 2 bedrooms. 661 sq.ft lowest floor is level 33
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Together with side by side parking?

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