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Investment ARA TRE' RESIDENCES @ ARA DAMANSARA [OT], Affordable Luxury Ara Damansara

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BEANCOUNTER
post Jan 5 2017, 07:27 AM

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I thought there already a thread on this project, no?
BEANCOUNTER
post Jan 5 2017, 11:20 AM

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I did a brief study of this project....

Very nice name....but the problem is it stops there....
BEANCOUNTER
post Jan 11 2017, 01:17 PM

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QUOTE(hihihehe @ Jan 11 2017, 11:17 AM)
false
my friend been staying there past 2 years and still not fully tenanted
but lot of foreigners staying there too
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how can someone tell if a condo or cluster of condos are fully tenanted?????

night light count or carpark lot count????

PP price hasn't been appreciating.........since few months after vp.

BEANCOUNTER
post Jan 11 2017, 05:17 PM

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QUOTE(hihihehe @ Jan 11 2017, 01:45 PM)
i've been there quite lot of times so that's just my observation
even the same floor of my friend's unit are not fully occupied.

but the place is getting better than 1 year ago after evolve mall has opened and lot shops/restaurant are there
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thanks.

someone shared the pic of evolve mall during the new year period....watlou....macam ghost mall leh.......swapping flies de......

maybe most students have returned home lioa.... bye.gif
BEANCOUNTER
post Feb 15 2017, 10:27 PM

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QUOTE(flyyy9501 @ Feb 15 2017, 11:42 AM)
I just placed my deposit last week... Understand from my agent last week that developer wont renew the lease tenure.

Most likely upon completion will have about 77years remaining...Sigh...

Im getting for own stay ... so by then i would have gone to another dimension bruce.gif
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U never know what happens tomorrow....
If u stay there for 10-15yrs and wanted to move....most banks will be relunctant to finance yr subsale purchaser...

To renew lease developer needs to come out with money for renewal to 99 yrs.....they perhaps stingy and will not doing so.
BEANCOUNTER
post Aug 12 2018, 10:47 AM

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QUOTE(FND74 @ Aug 12 2018, 04:17 AM)
The only thing I dont like about this one is the Leasehold 80 years (I heard). But shd be attractive for rent, but hopefully not the kind of tenants Pacific Place gets.
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what makes you think that the tenant profile will be different from PP?
BEANCOUNTER
post Aug 31 2018, 09:53 AM

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QUOTE(ckweng @ Aug 31 2018, 08:51 AM)
The one near Speedmart 99 is actually a Surau (not mosque). You can see it on Google Map.
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what are the differences between surau and mosque?

BEANCOUNTER
post Aug 31 2018, 10:18 AM

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QUOTE(ckweng @ Aug 31 2018, 10:11 AM)
Surau is smaller than mosque and if i'm not mistaken, usually there's no azan from surau. I certainly stand corrected on this.
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from Wiki
On the Malay Peninsula, the functional difference between mosque and Surau is not always so clear. In rural areas the Surau was for centuries the center of Islamic worship and thus tantamount to a mosque. In today's urban area in Malaysia and Singapore there are also Surau. Sharifa Zaleha who has dealt with Surau in Malaysia, concludes that the difference between the two institutions is that the mosques are built by the state, while the Surau depend grassroots initiatives. As with Minangkaba the success of the Surau depends very much on the religious scholars involved. During the heyday of the Dakwah movement in the 1970s and 1980s the Surau in Malaysia were also centers of student life. Many male and female students spent several nights a month in Surau to there in the form of i'tikaf to pray until morning to recite the Quran and perform devotions.[5][6]


my personal note: there is no restriction on surau not to have azan.

mosque is determine by its minerats. from one minerat to max 4 minerats. i think one minerat is daerah to 4 minerats is national.


BEANCOUNTER
post Sep 5 2018, 12:04 PM

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QUOTE(yjtan15 @ Sep 5 2018, 10:50 AM)
http://www.starproperty.my/index.php/artic...old-properties/

Above elaborates the process to extend the lease. apparently Selangor has established framework for extension of lease and

The premium is low as it does not take into account the value of building, only value of land is used in the formula.
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If they extend.
99 yrs is a long time.

If klang valley turned out to be like singapore of today, you think gov will extend leases?
BEANCOUNTER
post Sep 15 2018, 05:49 PM

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The monsoon big longkang there btw dana pacific place n this ara tres got foul smell ..
BEANCOUNTER
post Sep 19 2018, 06:04 PM

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QUOTE(JonathanIB @ Sep 19 2018, 04:16 PM)
I went there few weeks back. Dont like the fact the leasehold left so little.
Project ok la, but the layout I feel bit weird too
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Did you smell foul there? I think the open monsoon drain emit smell.
BEANCOUNTER
post Nov 11 2018, 09:01 AM

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QUOTE(edwynkim @ Nov 11 2018, 08:36 AM)
Dear seniors

I just surveyed Aratre, it look like a good area as it near to LRT station and priced at affordable pricing tag.

But my concern is will there any have enough tenant as there's quite a bit of development in AD area (not very familiar with this area) and will it become another kind of Pacific Place which the rental is far from the bank loan price.

Looking forward for you guys reply!
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its NOT near to LRT station (Ara Damansara station). Try to walk few times and see.
I have a friend who stays att Urbana. Even him confirmed 'you cant really walk to LRT station'.

note: do you know how much PP price was when launched?

One thing for sure, I do agree that Ara'Tre should compare to PP than other properties in Ara in terms of rental demand and pricing.
BEANCOUNTER
post Nov 11 2018, 04:53 PM

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QUOTE(yjtan15 @ Nov 11 2018, 12:25 PM)
Those walking distance to LRT is quite limited in supply. H20, AraGreens, Verde, Potpourri are much further than AraTre.

AraTre is much closer than Urbana as it has a side gate which opens closer to Pacific Place.  650m to be exact.
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Have you actually done the walk yourself, using timer steps and distance calculator?

Next to ara tre is monsoon drainage.....where got short cut?

Imagine a retangular. Ara tre is one corner and lrt is opposite corner. Even if you want across pp you still cant have short cut bcos evolve mall seal the parameter.
BEANCOUNTER
post Nov 12 2018, 12:13 AM

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QUOTE(Killy @ Nov 11 2018, 10:15 PM)
I stay PP walk to station around 5-7 mins
Ara Tre I think around 15-20 mins la depending on speed

Urbana not say can't walk but sure sweaty la haha, see you willing to walk or not. At least Ara Tre can pass through PP, not open road
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how far is urbana to ara tre? literally next to each other separated by the drive in of Dana. another 1min walk extra as compared to Ara tre?

google map shows 1km from ara tre to lrt station, either by passing pp or passing urbana.
BEANCOUNTER
post Nov 12 2018, 06:21 PM

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QUOTE(Killy @ Nov 12 2018, 02:00 PM)
they're pretty close to each other, few mins walk
but if I had to walk, I'd prefer to walk from Ara Tre as it is very close to PP entry road, 200m or so
Urbana on the other hand need to walk through airport road

I'm a walking person, so Ara Tre is definitely walkable to me  smile.gif
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Of course walkable lah....no one disputing it. I walk 8kms per day as part of my exercise min.

But w make up hairs done office suites high heels and need to walk 2x per day mostly under the sun to and from work....800mtr to 1km is not an easy task....day jn day out.

I seriously dun think its 650mtr

Nevermind in early dec i shall do a walk tour and share the result here.
BEANCOUNTER
post Nov 14 2018, 12:41 AM

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QUOTE(yjtan15 @ Nov 13 2018, 06:05 PM)
7 mins walk based on google maps.

there are even residents of Nova Saujana walking from their condo via overhead link bridge across airport road to LRT ara damansara. so AraTre is definitely within the walkability
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from nova saujana to the entrance of lrt station is about 700steps. open walking path on old motorbike lane until the very high overbridge.

if you are paying over rm500k for condo and need the above exercise on daily routine, then you are welcome to stay at Nova.
BEANCOUNTER
post Nov 15 2018, 01:53 PM

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QUOTE(yjtan15 @ Nov 15 2018, 11:37 AM)
1st of all, the goodplace is not regarded as reputable and well recognise blog in Malaysia
2nd the writing is lazy.

to claim freehold is useless when comes to compulsory acquisition is like saying when wars broke out, all property will be valueless.

1st of all please read up what constitute compulsory acquisition and the manner the gov can exercise this right, and secondly please study the compensation. also do study how many FH projects that had been subjected to CA since independent and have the owners cried in grave?

of course with many lishold developments around, there will be some stand up performance, especially commercial elements bcos commercial activities wont depends on the land status. citing sunway Tropicana is prematured. not only that these townships are new (less than 40yrs), also what stands out the most of these townships? the commercial elements or residential?
BEANCOUNTER
post Jan 11 2019, 03:58 PM

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QUOTE(cliffekent @ Jan 11 2019, 03:46 PM)
Mind to share ur walk tour to LRT? how long it take?
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sorry totally forgotten about it.

didn't stay at PP in dec....therefore out of sight,, out of mind.....
BEANCOUNTER
post Jan 12 2019, 03:05 PM

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QUOTE(ckweng @ Jan 12 2019, 10:22 AM)
I walked from Ara Damansara LRT to Dana 1 (next to Ara Tre) one evening and it took me 10-15min. But there's no proper pathway and the surroundings could be a bit dangerous especially at night.
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can you foreseen yourself to walk everyday, twice per day boh????

safety ok leh…..when ara tre completed. am sure they will make the pathway leng leng.

I would say 10min is brisk wall, your heartbeat should be above 100bpm.

if you stroll, definitely more than 10mins.

also did you smell something woofy if you walk at night there,,,,,passing the monsoon drain?
BEANCOUNTER
post Feb 20 2019, 12:51 PM

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QUOTE(yjtan15 @ Feb 20 2019, 12:11 PM)
my friend one stamped already. you need to chase the agent to do for you. because some agents or lawyers are slow
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I dun think it has anything to do w agent or lawyers.

Once the directors signed they have to be stamped within 30days otherwise they will yet fine.

I believe the directors are not signing.

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