pm pls tq
Investment THE GRAND SUBANG @ SS13 [OWNERS' THREAD], Subang's Suites of Life
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 Sep 8 2016, 11:20 AM
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243 posts Joined: Jan 2011 
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Sep 8 2016, 11:22 AM
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Senior Member
1,717 posts Joined: Aug 2015
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My understanding developers of soxo under commercial title are not required to build affordable housing. At least that's the case before recent amendment by S'gor gomen. Hence, development cost of soxo by right should be cheaper (psf basis), although in reality not necessarily the case as what seen in the market.
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Sep 8 2016, 11:23 AM
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Senior Member
820 posts Joined: Jan 2003
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QUOTE(Jagalat @ Sep 8 2016, 09:23 AM) Hmmmm..Isn't Selangor gomen holding up approval on new soho, sovo or service apartment approval? It was only for 6 months, think its lifted now. Sofo not included? Or it has been approved before Selangor gomen announcement?  http://www.themalaymailonline.com/malaysia...g-entrepreneurs |
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Sep 8 2016, 11:23 AM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(gks @ Sep 8 2016, 10:53 AM) Not necessarily cheaper on psf basis Still cheaper than converting commercial land to resi....i believeBecause developer needs to pay higher Development premium to authority Also need to use more premium lifts ie high speed etc to cater for higher density Project like summer suites... they are Fully air conditioned at lobby, common corridor etc. All these adding to the cost. |
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Sep 8 2016, 11:26 AM
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Senior Member
3,836 posts Joined: May 2008
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QUOTE(BEANCOUNTER @ Sep 8 2016, 11:23 AM) Still cheaper than converting commercial land to resi....i believe Lost with ur rational Commercial status land is more expensive than residential status land. |
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Sep 8 2016, 11:43 AM
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Senior Member
15,454 posts Joined: Nov 2011
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SOFO = non HDA = putting money in kutu scheme = developer can buli you kao kao when "it deems necessary"...
 Depending on one risk appetitie... Strongly encourage prospective purchaser to have own lawyer reading the SPA first before signing. This post has been edited by samkps: Sep 8 2016, 11:53 AM |
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Sep 8 2016, 12:17 PM
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Junior Member
23 posts Joined: Jun 2011 
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Pm with more details psl
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Sep 8 2016, 01:53 PM
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All Stars
10,322 posts Joined: Dec 2009 From: Malaysia
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QUOTE(accetera @ Sep 8 2016, 01:33 AM) Sizes: 548 sq ft to 910 sq ft land tenure Land Area: 2.5 acres Units: - Tower 1 (289 units) - Tower 2 (289 units) Land Tenure: Commercial Property Type: SOFO Suites From RM353,600 - RM613,290 Developer: Mediaraya, developer of The Grand Kelana Jaya      QUOTE(samkps @ Sep 8 2016, 11:43 AM) SOFO = non HDA = putting money in kutu scheme = developer can buli you kao kao when "it deems necessary"... lawyer or buyer spotted anything also useless lor. Depending on one risk appetitie... Strongly encourage prospective purchaser to have own lawyer reading the SPA first before signing. usually it's take it or leave it. you think developer would amend it to do specific someone's business? |
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Sep 8 2016, 01:59 PM
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Senior Member
15,454 posts Joined: Nov 2011
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QUOTE(kochin @ Sep 8 2016, 01:53 PM) land tenure Important is awareness since it is non standard SPA. lawyer or buyer spotted anything also useless lor. usually it's take it or leave it. you think developer would amend it to do specific someone's business? If being warned about the unfair T&C (if there is any) but still insist to go ahead, then just prepare for any possible consequnces loh. |
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Sep 8 2016, 02:42 PM
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Senior Member
5,949 posts Joined: Oct 2013
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QUOTE(kochin @ Sep 8 2016, 02:53 PM) land tenure lawyer or buyer spotted anything also useless lor. usually it's take it or leave it. you think developer would amend it to do specific someone's business? |
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Sep 8 2016, 02:42 PM
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Senior Member
5,949 posts Joined: Oct 2013
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Delete double post..
This post has been edited by Jagalat: Sep 8 2016, 02:45 PM |
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Sep 8 2016, 03:00 PM
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All Stars
10,322 posts Joined: Dec 2009 From: Malaysia
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http://www.thestar.com.my/business/busines...d-for-rm376mil/
RM350psf This post has been edited by kochin: Sep 8 2016, 03:01 PM |
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Sep 8 2016, 03:03 PM
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Senior Member
708 posts Joined: Aug 2011
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Still got empty land in SS13? exact location pls
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Sep 8 2016, 03:29 PM
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Newbie
6 posts Joined: Jun 2015
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pm details
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Sep 8 2016, 04:08 PM
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Senior Member
2,262 posts Joined: Jul 2013
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QUOTE(Nymphetamine666 @ Sep 8 2016, 03:03 PM) Still got empty land in SS13? exact location pls lot 4887http://wikimapia.org/#lang=en&lat=3.068599...OVO-development |
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Sep 8 2016, 06:57 PM
Show posts by this member only | IPv6 | Post
#36
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All Stars
10,777 posts Joined: Sep 2009
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UPDATED POST
QUOTE(accetera @ Sep 8 2016, 01:33 AM) Sizes: 548 sq ft to 910 sq ft Land Area: 2.5 acres Units: - Tower 1 (289 units) - Tower 2 (289 units) Land Title: Commercial Land Tenure: Freehold Property Type: SOFO Suites (Commercial) From RM353,600 - RM613,290 Developer: Mediaraya, developer of The Grand Kelana Jaya Location:  |
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Sep 8 2016, 08:11 PM
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Junior Member
247 posts Joined: Jul 2009
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pm pls tq
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Sep 8 2016, 10:01 PM
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Junior Member
86 posts Joined: Nov 2010
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QUOTE(elmond @ Sep 8 2016, 10:54 AM) location? if yes, whats the comment?is this the same developer going to develop ss15 asia cafe? if no, why no? |
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Sep 8 2016, 11:39 PM
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Senior Member
708 posts Joined: Aug 2011
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QUOTE(elmond @ Sep 8 2016, 04:08 PM) Thanks. Whats disadvantages or possible issue raised if buy prop in the middle of industry/factories? Can share? |
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Sep 8 2016, 11:54 PM
Show posts by this member only | IPv6 | Post
#40
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Senior Member
1,686 posts Joined: Aug 2011
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bloody stupid council Sel gov.....newer imagine this piece of land can build this kind of thing there
buyers will cry in future....developer make kau2 profit corruptions much worse than prev administration This post has been edited by Donald Trump: Sep 8 2016, 11:55 PM |
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