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Investment THE HAVRE @ BUKIT JALIL | RESIDENSI JALILMAS [OT], The Benchmark of Ownership in KL

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goks
post Aug 30 2016, 07:04 AM

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Saw the sales booth at Parkson OUG. This is what I call a waste of money project. Why is anyone buying here? Next to HTC and cemetery? Secondly at 530psf it isn't cheap for a leasehold property. Kiara 2 I have seen au sale of just completed project some at under 500psqft, next to LRT, less jammed location, u have better layout choices.

Secondly how the F did they get approval for such density at that location bewilders me! But then with so much of bloody corruption in Councils, I am not surprised.

If you are buying for own stay, look for a better location, IMHO. If you are buying for investment, forget it, your yield will be no where close to your repayments. At such low rents, chances are renters will go for pavilion units. There are ppl dreaming in this forum that someone will pay 2-3k for BJ units rent, we'll show me who? Best I have seen is 2-2.5k for fully furnished 1400sqft units.
goks
post Aug 30 2016, 11:20 PM

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QUOTE(Michael_ote @ Aug 30 2016, 01:14 PM)
The treez? after 4yrs. will it be the same?
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Yes, fully furnished. At treez you may touch 2.5k with luck but a tenant is more likely to pay that for the same size in kiara 2, newer, better view and no construction on both sides.

Treez enjoyed a low price so even at 2k yield is good. Buy treez today and at 2-2.5k, you bleed in you yields.
goks
post Sep 2 2016, 07:17 AM

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All your pro items below, you get the same buying a newly complete kiara 2 or a few year old kiara 1, inclusive of the price. As I said before, I have seen ads on kiara 2 a few months back at 460-480 psf. Only thing u loose is free S&p, potentially no need down payment for havre. It will be silly for someone to buy this project only for that reason, short sighted. I don't see much resale either. The location suck, if u die die want BJ, Awan besar area better and soon next to mutiara BJ beside lake got lake facing condo, probably same price levels or lower. Don't buy and HTC next door project no matter what th sales guy or agent says, they don't give a damn about u or ur future. The cemetery issue has not been solves either


QUOTE(terrykow @ Aug 31 2016, 11:53 PM)
Just my opinions on The harve pro and cons:
1. Great location, so near to pv2 and convenient for shopping
2. Close to Chinese school Lai MENG
3. Potential renting out easily ( depends on  the rental price, can pull tenants fr KR or jalil damai)
4. Relatively cheaper in launching price
5. Many condo facilities provided
6. Near to LRT
7. Good package for buyers : RM 0 down payment,  7% rebate and cash back, free SPA and loan agreement
8. Relatively Good size for unit, 1000 to 1200sqf,  space enuf for normal family of 4 to 5
9. Two carparks given ( many old condo only provide 1)
1. Very very close to HCT, potential health issue, hazard for fungshui.
2. Near to future proposed cemetery
3. Near to Surau  ( *is a good point for Muslim frens but not me)
4. The land is lower ( sink abit) if you visited the actual site, if not done properly, water retention can happen, floating on rainy day do happen in Malaysia
5. Resell is challenging
6. Close to low cost flat and apartments
7. Views are blocked by many surrounding buildings
8. Leasehold
9. Abit high density >2000 units, each floor 15/16 units
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goks
post Sep 4 2016, 07:30 PM

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I encountered the same incompetence and lack of knowledge when I met their part time sales person in Parkson OUG.

It's nothing wrong in giving a severe negative opinion to a project you feel should not be there in the first place. It's even worse if your sales person has little clue on the neighbourhood

This post has been edited by goks: Sep 4 2016, 07:33 PM
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