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Investment Buying my first home in Mont Kiara need sifus help, Sunway Mont, Sefina, Agile or subsale???

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TShamjun0225
post Nov 21 2016, 02:13 AM, updated 8y ago

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Hello sifus,

I am a newbie in property and this will be my first property purchase. I have been doing survey of mid size condo (1000 to 1600sf) market in Mont Kiara. I have spent two weeks in MK to visit Sunway Mont, Sefina, Arte Mont Kiara, Agile and TWY showroom & construction sites and finally narrow down my choices to Sunway Mont, Sefina and Agile.

My purpose of investment is for own stay and property appreciation within 5 to 10 years.

Based on the information I have, this is the ranking:

Location: Agile > Sunway Mont > Sefina (right beside Segambut kampung)
Price psf: Sefina > Agile > Sunway
Floor Plan (IMO): Sunway > Sefina > Agile
Density (from low to high): Sefina > Agile > Sunway
Design, Concept and facilities (IMO): Sefina > Sunway > Agile
Carpark: Sunway > Sefina = Agile
Developer: Sunway Mont > Sefina (UEM Sunrise) > Agile (popular in China but MK project is a JV with local company)
Maintenance Fee: Sefina > Agile > Sunway

Sunway Mont (Completed end of 2020)
I like the 1605sf (3 carparks) and 1122sf (2 car parks) very much. Well designed floor plans, no wasted space and with forest / MK views. Slightly more expensive than Agile and Sefina and only completed end of 2020. Location wise not too bad, at least better than Jalan Kiara 3 where Sefina is located. Some people raised the concern of nearby high tension cables but since I am targeting high floor unit that shouldn't be an issue to me.

Sefina by UEM Sunrise (Completed Q2 2019)
Best concept I have seen so far. Visited the showroom and felt very comfortable with it. A lot of facilities such as guest waiting lounge, beach volleyball (WOW?!) etc. Swimming pool design is very good too, feel like swimming on the star deck lol. BUT, this condo will be located right beside the segambut dalam, which is a total disappoinment to me, I think it will affect for property apprecaition as well. The sales agent said there will be another entrance at the back once Jalan Kiara 4 is extended but god know when. All of the units facing south are booked, only left the north-facing units with Segambut kampung view. I really cannot imagine the luxurious and upmarket style when playing volleyball, swimming and chilling right beside the kampung.... shocking.gif

Agile Mont Kiara (Completed Q2 2019)
Prime location. Walking distance to Publika. Accessibility is very nice. A HUGE garden for residences to chill, like the garden in chinese palace we see in drama. Visited their showroom and felt very chinese style. Not sure how is the end product quality but the showroom fitting make me felt a bit cheap in the first place. Weird room window, bathroom and kitchen designs. I am not saying they are bad, just not my liking. wink.gif Another issue of this project is the lift, there are quite a number of forumers pointed out the limited lift provided for the 44-storey tower. Appreciate some sifus can provide more info about that. Btw, this condo address is not MK address.


Please share your thoughts, pros and cons on these projects and that can help me to make a right decision. Thanks! notworthy.gif
TShamjun0225
post Nov 21 2016, 10:20 AM

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QUOTE(kochin @ Nov 21 2016, 08:32 AM)
if for own stay, why bother waiting?
just buy subsale.
at mk proper.
lots of decent buys in mk now.
*
Hi kochin

I have been thinking whether I should go for subsale as initial down payment isn't a problem for me. I am currently renting a condo and pay rm2200 monthly. I understand the logic of paying installment instead of rental.

But three things hold me back:
1. It's old design
2. I don't like to stay in an old place.
3. Chance for appreciation less than the new launch.

I would appreciate if you can recommend a few decent choices in MK subsale and I will go propwall to dig some good ones to compare

Thanks!
TShamjun0225
post Nov 21 2016, 10:22 AM

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QUOTE(Babizz @ Nov 21 2016, 07:06 AM)
Would avoid agile as its not mk proper. Prefer sunway mont. Whts ur nett price btw?
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Among 3 I also prefer Sunway Mont. If Sefina is located in jln kiara 5 that would be best of best.
TShamjun0225
post Nov 21 2016, 03:43 PM

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Got a call from sefina sales agent telling me the lands at jalan kiara 4 and segambut already bought by developers and projects already submitted and approved already. Eventually the kampung will be cleared, just a matter of time. Can any sifu verify for this?

Sefina price is really attractive hmm..
TShamjun0225
post Nov 21 2016, 03:48 PM

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QUOTE(teddie @ Nov 21 2016, 10:25 AM)
#1, i think a few places in MK like lumina, tiffany MK still look great
#2, err... but proper location?
#3, wrong perception bro smile.gif under con need 3 years to complete, by that time your current purchase appreciate too
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Bro Tiffani is indeed super prime location. Walking distance to Solaris Mk. I will do some researches for these two thanks for recommendation.

For 3, I actually researches a little bit and found that the old condo in Mk hardly appreciate. Maybe ppl there prefer new condo new design? That's why verve suite appreciated a lot and 2nd market is good.
TShamjun0225
post Nov 21 2016, 03:50 PM

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QUOTE(a16791 @ Nov 21 2016, 10:44 AM)
The biggest problem with agile is their so call semi private lift lobby. One lift is definitely not sufficient to cover so many units especially during peak hours. Can't be using the service lift during peak hours.

My current place 3 lifts excluding service lifts covers 77 units and sometimes also have to wait.
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My current place got 3+1 lift also need to wait. Agile 1+1 lift definitely not enough, I hope my information is wrong.
TShamjun0225
post Nov 21 2016, 03:58 PM

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QUOTE(djvixx @ Nov 21 2016, 01:44 PM)
Why R22 is not on your list.
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Too big

TShamjun0225
post Nov 21 2016, 05:05 PM

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QUOTE(kochin @ Nov 21 2016, 11:13 AM)
as teddie mentioned, reason is pretty obvious.

1. old vs new design.
true and false.
newer designs tends to skim on space and facilities purely because of the expensiveness of rising cost of land. does the new ones offer tennis courts? multiple pools? vast greens?
new design tends to be higher in density as well.
if you are referring to finishes within your unit, nothing that a good reno can't fix.
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Fair point. With that said, older condos generally offer better facilities and lower density than newer condos.

Sefina has one badminton court, sauna and steam, They also have very big residential launge and guest waiting launge at the lobby, which is quite impressive at that price.

Sunway Mont don't have badminton court. Not sure about Agile, if lindan buy one unit maybe they will build one. biggrin.gif

QUOTE(kochin @ Nov 21 2016, 11:13 AM)
2. true testament to a highrise is to gauge their maintenance. if the property you visit is acceptable to you even after several years, chances are it would be continued to be kept in such a manner. a new one may not be able to maintain it's outlook.
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Yeah true. That is why the developer and management team is the main concern to me. For old property, we can easily survey the management team through their existing residents and other public sites. For new launch, we can only hope the future management team and quality of the end product will be good.

QUOTE(kochin @ Nov 21 2016, 11:13 AM)
3. put it this way. since you mentioned primary reason is for own stay, the 3 years construction period would have "saved" you RM2,200 x 36 months. that's RM79,200 liao. so whatever the new prop you are eyeing for, would need to make additional RM80k in appreciation to "ofset" your rental cost.

in mk, many still consider jalan kiara as the mk proper. kiara 3 or 5 is less desirable.
hence it may be good to explore "firesale" units at say palma, pines, banyan, aman, bayu, pelangi, astana, meridin.
3 condos still stands out as the cream of the crop, mk10, mk11 and damai. but these are pretty pricey though.

good luck!
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My current tenancy contract is till 2017 end of October. Therefore, I only need to wait 1.5 years for new launch like Sefina and Agile, and 2.5 years for Sunway Mont. That will be RM39,600 and RM66,000 respectively. I will need to make RM35psf (on Sefina or Agile 1.5 years down the road) or RM85psf (on Sunway 2.5 years down the road) gain to offset the rental. Therefore, if the new launch appreciate above these figures I am making extra money.

Another advantage of new launch is that all developers are providing free legal, disbursement and loan agreement fees, plus and minus around RM10k to RM13k.

Alright I will research those located at Jalan Kiara, I am very interested in those have high walkability score. I actually wonder why the old condo price hardly appreciate despite they offer very cheap price psf, maybe people or foreigner there love new condo? hmm.gif

This post has been edited by hamjun0225: Nov 21 2016, 06:05 PM
TShamjun0225
post Nov 21 2016, 05:09 PM

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QUOTE(teddie @ Nov 21 2016, 11:18 AM)
adding on top of Kochin@feimao statement, now it is buyer market u can easily find 15% below market value for luxury product for eg condo in MK and do markup to cover your dp and legal fee. *tested*
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you got lobang bro? laugh.gif
TShamjun0225
post Nov 21 2016, 05:12 PM

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QUOTE(sam60 @ Nov 21 2016, 11:32 AM)
hye,

may i know is there chance you selling it near future for investment if u stay in MK? let say 3-5 years..if you going to stay long enough then should be ok. Currently im staying in Tiffani Kiara and im facing problem to sell due to high ceiling price. cant go high anymore. last time i bought 2.1 mil now the unit cant go more than 2.5 mill with 3600 sq. next year im moving out to landed property so i need to sell the house fast.

btw, MK is a good place to stay, very privacy and very convenience.

i dont reckon to buy near the segambut kampung...its to outcast i guest. agile is ok with me.
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I am planning for own stay about 5 to 10 years before selling. But who knows what will happen in future...

How's the walkability and environment of Tiffani Kiara?

Maybe yours is 3600sf, hard to resell I guess hmm.gif
TShamjun0225
post Nov 21 2016, 05:13 PM

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QUOTE(monstermind @ Nov 21 2016, 12:47 PM)
avoid agile..too high density.if subsales prefer kiaraville,verve suit,lumina not bad too
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Thanks I will consider them smile.gif

QUOTE(monstermind @ Nov 21 2016, 12:48 PM)
acoris you can consider too..complete on next year
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Visited UEM Sunrise but they are not promoting acoris, I guess it's fully sold d no?
TShamjun0225
post Nov 21 2016, 08:58 PM

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QUOTE(a16791 @ Nov 21 2016, 08:23 PM)
If i'm not wrong tiffani comes with marble flooring too whereby most new launch do no provide anymore. Toilet also fully marble.
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I look at Lumina youtube video looks like Lumina comes with marble flooring too.

These two are definitely in my consideration list now.
TShamjun0225
post Nov 22 2016, 11:09 AM

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QUOTE(sam60 @ Nov 21 2016, 09:55 PM)
walking distance to solaris is like less than a minute even go to ATM (maybank cimb public bank) got side track for walking or jogg. the locatio very strategic. mostly people staying here are family...even Jimmy choo staying here. neighbours are very friendly. my floor got 3 unit only im the one facing klcc.

Hard to resell maybe iv got feedback from few agent, some interested buyer loan was rejected. all i can depend right now to expatriate.
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You bought subsale bro?

Any comment on the management team, facilities inside and the quality of Tiffani?
TShamjun0225
post Nov 22 2016, 11:10 AM

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QUOTE(kradun @ Nov 22 2016, 12:22 AM)
Another 2 future projects along the same road.

Saville @ Mont Kiara
https://forum.lowyat.net/topic/3768463

ARDENA MONT'KIARA
https://forum.lowyat.net/topic/2651912

Another future project at Jalan Kiara 5

TRINITY MONT KIARA
https://forum.lowyat.net/topic/3958755

Agile have too significant insufficient number of lift & also the car park that spread across the whole project expected to be very gloomy.

Personally more prefer Sunway Mont over Sefina due to its layout plan, and also available for smaller unit at 1,122 sqft.
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Thx for info. Looks like the kampung will still be there even though got saville and ardena.
TShamjun0225
post Nov 22 2016, 11:12 AM

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QUOTE(a16791 @ Nov 22 2016, 07:31 AM)
Tiffani is very easy to choose because units are all fully furnished by the developer so u just have to select which floor u like. Entire development only one unit of this size per floor and it's all facing la grande / highway. Highway noise not that bad.

Lumina would have heavy noise pollution if unit facing highway.

Basically if u want reasonably new development for 1200 sft there is very limited choice along this Jalan duta Kiara / changkat duta Kiara & jalan kiara which i think is the true mont Kiara .
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Did a bit research, Lumina small unit 1500sf are all below 7th floor, pass~

This post has been edited by hamjun0225: Nov 22 2016, 11:12 AM
TShamjun0225
post Nov 22 2016, 11:15 AM

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QUOTE(Ladbrokes88 @ Nov 22 2016, 10:19 AM)
Sefina : 80 units / acre
Agile  : 80 units / acre
Sunway Mont : 100 units / acre
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Yep agile is 80 units/acre but the whole project looks dense. I don't like the chinese style garden btw.
TShamjun0225
post Nov 22 2016, 11:16 AM

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QUOTE(Ladbrokes88 @ Nov 22 2016, 10:29 AM)
Maybe u can share with us your:

budget max?
size/number of rooms preferred?
prority: Location? Low downpayment? Facilities? No. of Car Park?

You cant get it all from one project.
*
Budget max is 1.2m
2+1 room or 3 room
Prefer the proper MK, Jalan Kiara 5 also can. Car park at least 2. Nice swimming pool, sauna and steam is a plus.

This post has been edited by hamjun0225: Nov 22 2016, 11:21 AM
TShamjun0225
post Nov 22 2016, 11:18 AM

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QUOTE(RChance @ Nov 22 2016, 10:38 AM)
This +1
Without specifying any developer, do not buy into any hype of local "reputable" developer. At this point they will tell you "we are reputable" and raise the price for no reason. And as a past owner of their development I know that their delivery is not as what they claim to be. It's like telling you I'm packaging a Bata shoe but slap on a Nike badge and price it 50% higher. That's how current developer market their stuff.

All of the developer units in the market currently at the very least look overpriced to me. Looking for price appreciation? Very unlikely if you are going to compete with the other existing condos in MK.

For subsale, look for location. Something none of the current developer units can come close to. Consider Tiffani, Kiaraville or if you have the budget Seni. Their track record and occupancy is quite good.
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I get who is that.

I am doing research of Tiffani and seems like the price is within 750psf to 1100psf now.

Location is perfect.

This post has been edited by hamjun0225: Nov 22 2016, 11:21 AM
TShamjun0225
post Nov 22 2016, 01:57 PM

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QUOTE(kochin @ Nov 22 2016, 11:31 AM)
you may be able to get yourself a mk aman unit.
1668sf.
2 kick ass pool with a mammoth cascading water feature.

good luck.
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Bro i googled aman is a 12 yr old condo, how is the condition now?
TShamjun0225
post Nov 22 2016, 01:58 PM

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QUOTE(sam60 @ Nov 22 2016, 11:57 AM)
yup subsale 4 years ago...

management team was superb, if u have problem they will straight away go to you house, unless they will tell u a bit late 5-10 min. facilities clean. the swimming pool deck just got replacement. the quality unit no crack here and there, only small leaking issue which most of other unit affected. 3 layer security. i stay at block B so they have concierge and private lift for each unit. the parking u can always nego with management to get another slot parking which is u have to pay rent. u entitled for 3 parking each unit.. except penthouse they got 5 or 7 parking if im not mistaken.
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Sound very nice place, why do you want ot move out? tongue.gif

The swimming pool got heater is it true?
is there any water leakage at your unit?

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