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Investment SENTUL VILLAGE | SENTUL POINT (Ver 2) [OT], Multitude of Activity Spaces

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BEANCOUNTER
post Jul 17 2016, 01:50 PM

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QUOTE(imsolifeless @ Jul 17 2016, 12:55 PM)
Yes, still got, 1001sqft with 2 carpark left not many.
Sales quite good during weekends.

As of current, > 50% sold
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from experience, UOA tends to block off bumi units.....

you guys need to find out if the sales chart has bumi units blocked off or not.

Also 50% sold is misleading...it should be 50% booked.....unless you pretty sure that all the 50% so called sold have signed SPA.

BEANCOUNTER
post Oct 28 2016, 11:08 PM

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Parklane i hear very chap the tenants there...
BEANCOUNTER
post Oct 28 2016, 11:23 PM

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QUOTE(heavensea @ Oct 28 2016, 11:18 PM)
years ago, some buyers said want to rent out 2.5k.
Now 900 (long term contract) 1.1k can dapat.

High density project is a risk, always a risk. Competitive rental market will lead to unpredictable problem especially ph, pa..
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Haiz...these days which project is not over thousand units de..
Even high end like sky suites and sentral suites also thousand lioa..
BEANCOUNTER
post Oct 29 2016, 09:09 AM

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You are right....

Exclude the booming period..we talk about normal and organic growth...landed is better bet amongst all (exclude shoplots commercial and warehouse/factories lots and bare land) but location plays a more important role.

In malaysia almost all times rental cant cover for your investment doesnt matter if landed or highrise forget about ltv 90 or ltv60....your cash deposit got cost too. Many people just look at what positive cash flow to syiok sendiri.

Even highrise...there are many types. Some do suffer lower blow than othera. Right now the champion is small little sofo or sovo....bcos of low entry cost but furnishing to resi will need large capital investment also.

Landed lagi tak ada jalan...imagine how much capital u need to pf or ff a landed for rent....

End of day...i see buying properties for investment under normal period is a form of force saving and a bit of joy when see the product grows, maybe pick up some deferred payment at later dates....nothing more than this.

In properties u r not always win. Sometimes breakeven sometimes lose.....its part and parcel of life.

This even applies to so callled mat sui guru.....they also making lose as well...but when pomoting their skills they will only talk about their way sui see....ignored those that barely made or lose making venture.

This post has been edited by BEANCOUNTER: Oct 29 2016, 09:12 AM
BEANCOUNTER
post Oct 29 2016, 10:55 AM

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Looks like we hijacked anorher thread to talk syiok sendiri stuff...keke


BEANCOUNTER
post Dec 17 2016, 10:00 AM

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QUOTE(aaron1717 @ Dec 17 2016, 09:33 AM)
UOA is reputable developer doesn't mean their quality will be top notch... in the end it depends on the main con they used... who knows the main con used by Akisama is better than UOA one? even top 10 developer like mah sing their quality pun sucks... i would advise you dont put so much hope on UOA haha...
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I had bought two properties from uoa before.....but they were much lower density.

There wont be any 'wow' elements when u collected key and visit for 1st time....but their built quality was decent, including carpark area and sanitaryware. I dun have much to add on to my defect list also.

But uoa is known to sell their properties at premium....

However i have yet to visit or read reports of their more recent higher density projects such as southview and southbank. Also their projects facades are mostly like coming out from the same mould......

Talk about interior design and show unit....uoa usually only use one ID firm and this particular firm doesnt do residential units....only commercial.

50k for reno is bearly enuf for fully furnish a unit with 3beds.
BEANCOUNTER
post Dec 17 2016, 11:20 AM

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QUOTE(aaron1717 @ Dec 17 2016, 11:08 AM)
see you wan bombastic design or not... haha... if not much wetworks... and nothing much change to the layout of the condo... 50k enough for move in condition for small family geh... kitchen cabinet wadrobe is the most expensive element in term of carpentry work.... otherwise... all can be basic gua... lol... but frankly... material price rising soon... by the time reno for this project... should be way beyond the budget....

UOA have changed into high density residential development... like their united point also.... super high density.... as for le yuan... seems okay... quality wise... nothing to be shout of... at least wont headache til the end... but then have to keep expectation low so wont be disappointed too much haha....
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He/She wants show units furnishing and design ID leh.......not 3suku furnishing.
BEANCOUNTER
post Dec 17 2016, 11:30 AM

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QUOTE(aaron1717 @ Dec 17 2016, 11:22 AM)
gg.com liao... 80k ba... haha.... but the show unit design not really practical xia... haha... depends on individual ba....  biggrin.gif  biggrin.gif
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UOA I think still using the same o same o ID firm for their show units....I feel its dated already........definitely wont draw to the ID IF buy their latest offering.....

I more drawn to the following show units design ID
Hampton
Sentral Suites

a bit rich, but acceptable. some new and refreshing idea especially the bedroom. Sentral Suites color combo a bit too rich for me.

BBCC lurentia show unit
Very subdue...much like Japanese style meets Scandi. my type.

This post has been edited by BEANCOUNTER: Dec 17 2016, 11:36 AM
BEANCOUNTER
post Dec 31 2016, 06:09 AM

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Why nobody talks about maxim citilight after vped?

No praise or complaint on their workmanship and common facilities?
BEANCOUNTER
post Apr 5 2017, 03:25 PM

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Everybody wants mall...

But malls in klang valley are playing the survivor of the fittest......
BEANCOUNTER
post Apr 10 2017, 08:47 PM

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QUOTE(Endless_tale @ Apr 10 2017, 08:27 PM)
No worry bro... it is still the best developer in Malaysia. I can say where also high density. This is depend what you think about this project. From my point of view. Got better something to hold rather than spend the money to some where that will depreciate. Sentul is the most near to kl area. I personally bought 1 maxim 819 sqft about 370k++ and it is a leasehold. But I dont mind at all. I won't last long stay in sentul.maybe 5 -10 years then sell to ppls?

If those prefer low density then should go far away from kl then make sure got ppls buy from you since it is low density and developer is a smart player and have to see the population of that area. Since that area are less population and no point to develop that area.

I can take 1 example of low density area such as putrajaya or cyberjaya. Got price but no demand.. this is happened in real that purchaser failed to sell his property and end up got auction from rm1.2m dropped till 500k
Sentul still got demand 1.

Cheer bro.
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Auctions are rare case....cant use auction as standardised scenario.

I would say...heard from investors from both places.... (if not most places)....prices are really depressed now.....

I know some ppl sell at cost or wanting to sell at cost at both sentul n cyber....

If want to hold 10yrs or not.....no one has crytal ball lah..

Msybe sentul can sell for 1000psf then....but msybe rm vs usd is 10 to 1 then alresdy

This post has been edited by BEANCOUNTER: Apr 10 2017, 08:48 PM
BEANCOUNTER
post Apr 16 2017, 03:31 PM

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Got shoplots sure commercial title lioa lah...no beed to argue.

Even without shoplots also can be commercial title...just look at the density....

If over 100 units per acre...surely commercial lioa....eg. hampton residences....

Condo under resi title usually below 100units per acre...usually i think 60units per acre nia.
BEANCOUNTER
post Apr 16 2017, 04:31 PM

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QUOTE(planc @ Apr 16 2017, 03:45 PM)
Boss, promote hamtan until here meh? tongue.gif
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Not promote...
Cant think of any commercial titled resi without shoppes on ground floor......
BEANCOUNTER
post Apr 16 2017, 11:30 PM

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QUOTE(Endless_tale @ Apr 16 2017, 06:59 PM)
I think not logic that commercial land without shoplot . What is that mean of commercial? Business right? If a residential title sure outsider can't go in that area. Commercial is open to public.
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They planned to do hotel biz on one block. The other block sell as residential.
BEANCOUNTER
post Apr 17 2017, 09:13 AM

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QUOTE(TJoseph @ Apr 17 2017, 09:10 AM)
Meaning block A will transform into hotel business? Is a good or bad thing? I am just curious. Will UOA do the road widening also? Imagined there is 2k cars using same road per day. Omg!!
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Sorry cross fire here.

Am was not talking abt uoa sentul village.

Uoa itself cant widening the road...its a public road.
BEANCOUNTER
post Apr 18 2017, 08:05 PM

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QUOTE(TJoseph @ Apr 18 2017, 06:24 PM)
Under schedule H the utilities rate is much lower than commercial rate. Flip your SPA and see..
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Sch h is just for resi purposes...

Utility wise still follow commercial unless applied for change....but only electrity. Water rate remains as commercial so does assessment.
BEANCOUNTER
post Apr 18 2017, 08:07 PM

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QUOTE(catpowder @ Apr 17 2017, 02:46 PM)
Ya... if I stay in Sentul, I will miss the quaint homeyness of PJ – not to mention all the great restaurants and cafes in Damansara and nice parks in TTDI etc. I never go to Sentul (only for KLPac), so I have no idea what's here – except for good bakkutteh! (I never go to Ampang/Selayang/Jinjang either). Anyone here could enlighten me about the beauty of this area?
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Sentul cant match those chic restaurants and outlets in damansara and ttdi loh...

But what dsara n ttdi dont have is hidden treasure of basis good food in sentul.
BEANCOUNTER
post Apr 18 2017, 09:57 PM

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QUOTE(trust4you @ Apr 18 2017, 08:49 PM)
can give exaple where i could get my hands on basis good food in sentul? PM me if u feel uncomfortable typing here leh. i wanna makan makann before i leave sentul in couple of months time  biggrin.gif
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Like most good food...just look out for stall under a big tree...haha

Seriously am not sek san....dunno name and location.

Perhaps other sek san csn point u the right stalls...

Babi nasi lemak
A reputable chinese restaurant

Just two out of my head atm.
BEANCOUNTER
post Apr 26 2017, 12:06 AM

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If holding cash is depreciating...
Even when u hold property if currency keeps on depreciating...what good is the property?
BEANCOUNTER
post Apr 26 2017, 06:13 AM

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QUOTE(Endless_tale @ Apr 26 2017, 12:56 AM)
That not much impact lar... I can say hold 400k cash now always hard to catch up with the property price. But for me, I would hold 400k cash and keep inside fd if I have property so I won't feel to buy and it is equal to rm1333 interest income at 4% pa. Haha problem is do we have 400k cash? =) always depend on situation.
Like my CFO,  he heavily invest in property.. so sad and I don't know when will reach his level. 1 month sure have 30-50k *depend on which listed co and whether able to motivate .
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I beg to differ

Last couples of yrs ..prooerty prices hardly moved beyond 5% p.a. n rental yields hardly can achieved over 5%.

Therefore holding cash is not a bad idea after all....be it in fixed deposit or other bonds such as asn.

Of course assume tbat u have real cash on hand lah
If u dun hv cash...then talk abt property also pointless.

These days most of rental properties (new)....landlord gives big ang poa for tenant to stay de

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