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Investment Bandar Rimbayu V5, The Township Nature Perfected

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chainyong
post Mar 7 2021, 09:57 PM

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QUOTE(qwerty223 @ Mar 7 2021, 03:17 PM)
strata fee effectively adding 15% acquisition cost over 10y cycle but adds no value to the property, regardless how sales tries to "educate buyer".
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it is not as high as 15%.

we take Terraza Eco World as example, monthly fee RM 550, yearly RM 6.6K, 10 year is RM 66K. The initial price around 1M, so it is around 6.6% of your acquisition cost. If for own stay, IJM landed also paying around RM 100 for security fee, so Terraza is actually need to pay extra RM 450 per month, 10 year 54K, around 5.4% of the acquisition cost. My friend owning a Terraza, so i have clear idea the costing.

for TA Arahsia, not really sure its monthly security fee, assuming it is RM 400, 10 year around RM 48K, Launching price i am not sure, maybe RM 700K after discount, around 6.8% for 10 yr to the acquisition cost. If take the difference to Rimbayu, only 5.1%.


If compared to low density Rimbayu like Scarlet, the security fee is RM 180 per month for an individual title house.

Anyway, in short term, the high monthly security fee for Strate Title, it will suppress the subsales price, as most of the people not willing to pay more for nothing, in long term, if the strate title housing area can maintain everything nicely compared to individual title, then its value will show in the subsales price, but again, the appreciation is come from the owner monthly contribution, so the additional gain might not really a lot compared to individual title. So the strata title only benefit to owner to enjoy the good landscaping and etc, but not really benefit to return of investment.
chainyong
post Mar 8 2021, 08:39 AM

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QUOTE(qwerty223 @ Mar 7 2021, 11:32 PM)
Of course the cost is compound with 5% interest, 2% inflation and 5% YoY increment.

If your RA is full of kiasu want to look like botanic garden and stubborn defaulter then for sure it will be 200% by end of 5th year. Therefore, nice place you paid and burn (aka enjoyed), not nice place then no one wanna take over a fire pit. Never seen any example earn back maintenance fee.
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I know another guy stay in a strata title landed for few year, so far no increment on their strata title monthly contribution, maybe their RA control the budget well.
chainyong
post Apr 18 2021, 03:41 PM

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QUOTE(nles @ Apr 18 2021, 03:39 PM)
user posted image

A friend of my bro said he bought perennia for 1.2m and now left 800k, let's hope things get better.
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he bought corner lot?

my friend bought around RM 750K during new launch, if 1.2m possible is corner lot.

If corner lot he want to sell at RM 800K, please PM me
chainyong
post Apr 18 2021, 04:02 PM

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QUOTE(nles @ Apr 18 2021, 03:53 PM)
Should be corner, i quite skeptical also when my brother told me.
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If can deal with 800k corner lot, i give you 5k referral fee, if you get agent to contact me, you can ask agent for co-broke, i will still give you 5k referral fee. Serious buyer
chainyong
post Apr 20 2021, 11:44 AM

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QUOTE(early30 @ Apr 20 2021, 11:05 AM)
They do have semi d (periwinkle) but the build up were very small.
Maybe us similar to sencilia kind of concept. It's link house that looks a lot like semi d
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Yes, should be garden house like Sencilia, so call linked semi D, just to have a semi d or end lot feel, but still a link house. This concept to maximize the land usage, then developer only can make margin.

If real Semi D with 28x65 land size. IJM need to sell at least 900k to make margin, but i think developer sure will sell at least 1 mil if they have this kind of semi d project

This post has been edited by chainyong: Apr 20 2021, 11:47 AM
chainyong
post Apr 20 2021, 11:26 PM

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QUOTE(early30 @ Apr 20 2021, 11:06 PM)
Ya. Lelong and let's say the final price sold is at 580k-600k. The price owner get with all the perks during launch would still be better, developer rebate,  s&p, mot, bank LA etc which easily more than 50k.

But the lelong price is indeed good buy, depends on how deep someone pocket is to buy it and how often this kind of lelong deal come.
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normally the previous buyer already bought with rebated price, means RM 630K is about the nett price after rebate, for MOT + S&P + bank LA is about 27K for a 600K property.

Lelong still cheaper if can deal at least 10% lower than launching price, but normally in Rimbayu area the auction can deal with just 5-10% than current market price.
chainyong
post Apr 20 2021, 11:27 PM

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QUOTE(Dreamedge @ Apr 20 2021, 04:13 PM)
with all the lawyer fees and settlement etc etc.

More or less the same for me. Anyway is for my own stay so I don't really care about the value, now thought of getting Semi D and keep this house as well.
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if include the loan interest you paid for this few year, lelong is cheaper, haha.
But auction unit is very limited, you have no much option to select the unit, so it can't compare to the new unit you bought during launching time

This post has been edited by chainyong: Apr 20 2021, 11:28 PM
chainyong
post Apr 20 2021, 11:30 PM

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QUOTE(BullishBear @ Apr 20 2021, 03:24 PM)
now lelong at 550k only huhu
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lelong is a special case, can't compare.

you go bid also unable to get this price, if you wait cheaper, then many bidder will join in for next bidding. Actually some people is waiting, if noone bid, they will wait until next round, but once someone bid, then it will become a war
chainyong
post Apr 27 2021, 11:45 PM

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anyone stay in Perennia 24X80? How is the environment there? Most of the residents are owner or tenants?

interested to get an unit here. Went to house viewing on weekday daytime, feel it is very quiet, quite ok.



This post has been edited by chainyong: Apr 27 2021, 11:46 PM
chainyong
post Apr 28 2021, 09:11 AM

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QUOTE(propertyowner @ Apr 28 2021, 12:26 AM)
Has a relative who stayed there in 22x80 and here are some insights.

This is one taman that has high occupants by indian owners especially corner units. Many intermediates are rented to Malays and others are Chinese. Vy limited foreigners can be observed too. Tenant vs owner mix is rather equal.

Has collection issue whereby those buying for investment are reluctant to pay maintenance fees and continue renting out cheaply at rm1000-1200. About 60+% contribution rate only.

Not really quiet b4 pandemic with airplanes crossing your head as frequent in every 15min, also the speeding of mat rampit in wee hours along the long stretch after ES Mall, however it got improved after adding speed bumps by authority.

Has consistent dengue cases due to the water harvesting placement/design outside of every houses that easily contain stagnant waters. And believe that combustion smell from Jln Kebun is shared by all in that region.

Water leakage issue for car porch remains unresolved even after DLP.

One good thing is that they have a very committed and responsible chairman/committee, however he himself also kind of regret for purchasing Perennia as it is expected to be better overall.

Still a good buy if you can bargain for anything below 700k, with proximity to ES Mall, The Club, Starbucks and soon the Uptown and McD etc.
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Thanks for the advice.

Open burning, mat rampit and airplanes noise are unavoidable for whole canal city , especially airplanes noise i also can hear it in my puchong house, as well as my wife house in USJ.

I am quite concern about high occupancy by InXXXX, bad experience with them, even not everyone have that attitude, but higher ratio compared to others.

Dengue issue I have no idea, if only affecting this few resident housing, i might reconsider again.

water leakage of cement roofing is quite common issue for this kind of design, my sugai buloh landed also have this issue ,by applying water proofing coating, it can solve for few years, but no idea how long it can last. My puchong house with ceramic roof can last for 20 years with minor leaking if cracking, only repair by apply silicone sealing, then can last until now almost 5 years without leaking.

24X80 i have some interest on few units, but owner asking for 800K, so still thinking to reconsider a million new house in this area, instead of subsales.

my friend bought scarlet subsales, he also comment that Perennia have high occupancy by tenant, and Scarlet more to own stay, also make me dilemma, as i dont really like the scarlet design with small staircase to master room.


when i viewed both 24X80 and 22X80, i can feel that 22X80 have higher occupancy, and hear from agents many available units in 22X80 are renting out, and 24X80 still have few unit is totally vacant since VP.

chainyong
post Apr 28 2021, 09:12 AM

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QUOTE(navink @ Apr 28 2021, 12:22 AM)
Perennia is 22x80 right?
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24X80 also available with different entrance, the entrance is in front of Periwinkle
chainyong
post Apr 28 2021, 10:21 AM

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QUOTE(mingyew @ Apr 28 2021, 09:18 AM)
We lived in Malaysia, all taman also have Indxxx and to be fair, not all of them are bad, even chinese owner sometime is bad too.

Dengue issue also everywhere is happen, the rainwater water tank is closed one if you, interesting to know how mosquito going in.
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Problem is, high ratio of them have problem, so if high occupancy, will be an issue, no matter what is their education background or wealthiness, even a lawyer family with 4 luxury cars at home, also can be a troublesome ppl. Less issue for C and M.

Agreed that anyone can be a troublesome ppl
chainyong
post Apr 28 2021, 11:39 AM

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QUOTE(mingyew @ Apr 28 2021, 10:44 AM)
Ecoworld Terraza also have a lot of problem. High ego owner keep complaning on every issue towards some neighbour to management.. when want to face to face talk, they hide. more tough to live there.
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My other friend will move in Terraza within this two months since his unit just completed the renovation after one year.

Will ask him after he move in, ha
chainyong
post Apr 28 2021, 11:41 AM

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QUOTE(early30 @ Apr 28 2021, 10:18 AM)
Perennia 480 units
Scarlet 110 units

I guess that's the different.
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I believe many investors getting Perennia before, and for Scarlet mostly is buy for own stay, that is why can see the difference, since Scarlet launching price is higher.

chainyong
post Apr 28 2021, 12:22 PM

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QUOTE(MeToo @ Apr 28 2021, 11:51 AM)
Wah so bad ka? Problem of having "rich" neighbours?
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Your tropicana also full with rich ppl

chainyong
post Apr 28 2021, 12:24 PM

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QUOTE(MeToo @ Apr 28 2021, 11:54 AM)
1. Open burning along Jln Kebun whole area from KK to BSP to Bkt Rimau, to Canal City all affected. Hope with development in the area this shit will lessen.

2. Rempit less now compared to 1 yr ago

3. Airplanes, er.... never noticed

4. Dengue is a problem for whole of selangor. Main reason i mesh up the whole house.

5. Water leakage is a problem for all. Also the reason i spent $7k+ for external water proofing before moving in.
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That is why i more concern the harmony and security/safety inside the taman.

I have a nightmare for my sungai buloh property with endless water leakage, due to poor workmanship and cheap material, keep repair and replace, take few years and also repair for my neighbor because some leakage from their side and affected my unit but they refused to repair because they rent out. Finally complete and no more leakage.

Water proof coating is good to have it before move in, less headache

This post has been edited by chainyong: Apr 28 2021, 12:30 PM
chainyong
post Apr 28 2021, 12:37 PM

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QUOTE(MeToo @ Apr 28 2021, 12:33 PM)
Got meh?

I just see a bunch of middle class neighbours
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Cheria and Dalia.

You stay in Bayan?
chainyong
post May 16 2021, 11:13 PM

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QUOTE(rizer @ May 16 2021, 08:42 PM)
i stay in Perennia but 22x80
if you really want to buy a unit here go for 24 instead 22.

im bit regret for not get 24" unit as extension fees of my 22" almost same with price different between both size.
what i notice 24x80 unit built-up is longer and back only few feet left.

my 22x80 have a L shape space at back which around 5 feet and 12feet.
if didnt extend kitchen will be quite small.
the good thing to choose Rimbayu is developer built large water reservoir.
my unit only experience low water pressure but supply never stop during last year water disruption "festival".

ES and TA owner normally will start complaint water supply stop at 2nd day of disruption.
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How much cost you for extension? The 24" is about RM 60K higher than 22" for the subsales unit i viewing, and the better location one the owner refuse to reduce the selling price.

Not sure about the water supply, is because of water reservoir at the Rimbayu big tank located next to Penduline and Starling, or the IJM unit have a large water tank for each house?
chainyong
post May 17 2021, 01:54 PM

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QUOTE(early30 @ May 17 2021, 10:51 AM)
What's the price you are getting? 800k as per quoted by the previous forumer on corner?
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intermediate unit RM 800K to 850K.

some units willing to let go at RM 760K, but i don't like its location such as closer to end of road, or closer to PE

corner easily 950K and above
chainyong
post May 17 2021, 02:04 PM

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QUOTE(8sg9ft @ May 17 2021, 02:07 AM)
Rimbayu water supply is from Sg Semenyih plant unlike TA and ES which is from Sg Selangor plant. Past few years Sg Selangor a lot more disruptions compared to Sg Semenyih
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previously sg semenyih also nightmare for me, i stay in puchong and always have water disruption frequently last few years, sometime i received the sms during shopping and didn't notice, come back to house after 2 hours i receive the sms then already no water supply from direct pipe, luckily my house water tank still big enough.

i remember 10 years ago, everytime water disruption happen my house still have the water supply daily, i guess because the new residence area with large water reservoir tower, the water still sufficient, but today as few more taman had built also with some high rise building, this 5 years the water disruption is stop immediately, i guess all the family start to store the water once receive the notice from Syabas

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