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Investment URBANO - FINAL PHASE of UTROPOLIS GLENMARIE, University Metropolis

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icemanfx
post Jun 12 2017, 12:20 AM

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QUOTE(JasonKid @ Jun 11 2017, 07:47 PM)
Bro, in which investment there is 100% winners? Which investment you don't see people are complaining? If everyone are so experience, I ma jialat dy.
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Property investment is not the only investment opportunity available. at current market sentiment, the down side far out weight the up side.

JasonKid
post Jun 12 2017, 12:32 AM

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QUOTE(icemanfx @ Jun 12 2017, 12:20 AM)
Property investment is not the only investment opportunity available. at current market sentiment, the down side far out weight the up side.
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Just because of current market sentiment, we able to choose more better entry package for properties.
Of course real estate is not the only investment, I get myself into currency market and owning few business too.
Opportunities is everywhere, especially after 2014 GST
SUSMNet
post Jun 12 2017, 02:52 PM

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Most of the executive will not stay at there, as there still have a lot of choice at nearby SS15 where food is easily within walking distance compare to here where at the night, the food is limited.
TSGeorge888
post Jun 13 2017, 11:40 AM

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"Mydin" in Utropolis. Changed from Sam's Groceria. Cheaper goods available now smile.gif


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Sharebro
post Jun 17 2017, 11:39 AM

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QUOTE(JasonKid @ Jun 5 2017, 03:53 PM)
I'm putting partition, basically is 3 rooms with 6 tenants, the toilet wise, just move the door to inside to make it shared bathroom. It's fully furnished unit that purposely fit for them, just bring in a luggage will do. Is all about how u get your prospect emotion attached to your units, just like when walk in showroom, u feel nice luxury and wow. So if only I have such unit, do u think they have many choices in same building? The money u dump in to renovate is worth it all. And for irresponsible students, I have my own way to tame them, hahaha!

And for the SOHO, no matter how I partition is still 1 bathroom, if rent out to 1 person, even fully furnished also can't fetch that high rental, max per person rental there also 1k or 1.2. If rent out to two person, but sharing 1 bathroom, want privacy but not so privacy pula. How ah? SOHO is luxury living product shouldn't exist in this township, it should build on expatriate area like bangsar south, MK or KL.

Some restaurant is closed down due to their own strategy can't blame to the other, they are hiring too many staff which cost them around 1500 per month per staff, and pricing matter. Try to look into other like little fat duck, food park chicken rice, they are doing quite well, vine cafe is spending too many work force, sooner maybe cannot sustainable.

KDU it takes time to fill up the student, and last year the just get appproved for few more courses. U try to look into phase 1, why the other able to capture tenants? Is not must be tenant or township planning problem, it's on investor itself. I do agree the market is slow down, but I will say the market is still moving forward with slower pace. Regarding the students, don't look at micro view, look at macro view, whole Malaysia like me come from kampung, most of the family will send their kid to student at kl or pj, students definitely will fill up, but it take times. So have to capture remaining tenants there with better strategies la

Like I say previously, market is moving at slower pace, developer are making it now cheaper, or developer are making previous phase over price? I didn't buy phase 1 or 2, because by that time I think the price is slightly at higher side, just my friends like it so they bought together. I don't like phase by phase project, if last phase I will consider, like metropark and seputeh or others, I don't consider if didn't come to last phase, because human being behavior,
like the new one dump old one, hahaha! But this is just my own strategies.

Developer rename one of their phase to a project name to create hype is normal, like h2o damansara change their block b to Mizu Residence. They know market is slow down too, so have to attract buyer to clear their inventory. Is benefit for me right? Is about timing sometimes, previously I bought a project in KL, is soho unit, I bought their left over units at their 80% construction progress, with same pricing with early stage purchaser, but I save a lot of interest

Just because they lower the price and offer better package, so I get myself few units in Urbano, friends are earning in phase 1, how do u think about phase 3? Same time completion with LRT3. Same people might say student might take lrt and bus to college, but some graduate students might take lrt go working as well, because city center rental is too high.

I don't buy partly furnish or fully furnished project, if all are the same, u are no different with other units, why tenant will choose you? Make your units become limited edition, although have to dump in some money, but trust me it worth your time in future.
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Its being a long time that i didnt come here to cui sui..festival season is a good time for biz to grab some extra income..haha.

Well it really cant deny that furnishing the unit can help to rent the unit easier. However, the monies and times that needed also alot more. In that case, i would rather choose a unit that with better location, price psf or even with better catchment like lrt station etc. And there are alot of choices in the market now.



Sharebro
post Jun 17 2017, 11:49 AM

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QUOTE(Babizz @ Jun 10 2017, 10:23 PM)
Spot on. Most KDU kids come from PJ, subang, klang etc; all of which are closeby to KDU. Ur friend's restaurants still open? why would any1 who isn't a student come here at night/weekends? daytime i know many opis worker in glenmarie lack makan place around n visit malls like KDU, aeon SA etc.
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Yes. My friend's shop is still open. He telling me that most of his biz is from the office worker during lunch time. He is telling me if the biz remain the same, he might have to make a stop. I cant comment much on this.
Sharebro
post Jun 17 2017, 11:51 AM

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QUOTE(George888 @ Jun 13 2017, 11:40 AM)
"Mydin" in Utropolis. Changed from Sam's Groceria. Cheaper goods available now smile.gif
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After seeing this..the 1st thing is my mind is..OMG..even Sam Groceria have to downgrade to sell cheaper things attract crowd. What happen to utropolis blush.gif
TSGeorge888
post Jun 18 2017, 12:53 PM

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QUOTE(Sharebro @ Jun 17 2017, 11:51 AM)
After seeing this..the 1st thing is my mind is..OMG..even Sam Groceria have to downgrade to sell cheaper things attract crowd. What happen to utropolis blush.gif
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It's good for long-term, as the residents or tenants do not need to pay higher prices for groceries. Able to attract the mass market instead of a niche.

But yes, one thing clear is, this place is not targeting the super rich like Mont Kiara / Bangsar. Just middle class / upper middle class segments.
SUSMNet
post Jun 18 2017, 02:30 PM

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QUOTE(George888 @ Jun 13 2017, 11:40 AM)
"Mydin" in Utropolis. Changed from Sam's Groceria. Cheaper goods available now smile.gif
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Yes. SAM is too expensive.
Many student not afford.
BEANCOUNTER
post Jun 18 2017, 04:05 PM

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QUOTE(George888 @ Jun 18 2017, 12:53 PM)
It's good for long-term, as the residents or tenants do not need to pay higher prices for groceries. Able to attract the mass market instead of a niche.

But yes, one thing clear is, this place is not targeting the super rich like Mont Kiara / Bangsar. Just middle class / upper middle class segments.
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upper middle class segments?????? blink.gif

MK is rich, but not super rich.....there are many townships outside MK selling either as expensive or more expensive than MK properties.

geolee76
post Jun 18 2017, 04:16 PM

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QUOTE(George888 @ Jun 18 2017, 12:53 PM)
It's good for long-term, as the residents or tenants do not need to pay higher prices for groceries. Able to attract the mass market instead of a niche.

But yes, one thing clear is, this place is not targeting the super rich like Mont Kiara / Bangsar. Just middle class / upper middle class segments.
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luckily I avoid that place....there were too many this kind of places all.over klang valley..

there are too few like bangsar , kiara....
SUSMNet
post Jun 18 2017, 04:49 PM

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the resident at there is not able to support this.
too bad for this property
TSGeorge888
post Jun 18 2017, 09:29 PM

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KDU student population is increasing 10% every year. Look at the long-term, imagine what's going to happen in 2020.

You have higher KDU student + staff numbers, 5 residential towers + 2 Soho towers (1,484 units) and 4 stars Mercure Hotel with 230 rooms, to support a 120,000sf Utropolis Marketplace, including nearby office / factory workers. A better connectivity with Lrt 3 station just 1.2 km away.

This project is due to complete by 2020, not 2017. Sunway Pyramid once failed too, and look at it today. Of course Utropolis Marketplace is much much smaller, therefore it has high potential and easier to achieve 100% occupancy in the years to come. Give this integrated development some time.

For those who think that this project may fail, its definitely alright. Its okay to have different views, as its normal that humans have different preferences. That's what make the world fun. If everybody thinks the same, it won't be fun and we do not need any conversation. So ya, thank u for your views. Its a joy to read and share opinions together.
Alex05187
post Jun 23 2017, 03:41 PM

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Just want to share some personal opinion around the utropolis marketplace.

The shops are not fully occupied as of now and most of them are F&B shops and one small MYDIN with very limited groceries available. Food are quite expensive, for instant I had my lunch in Vibes Cafe and it costed me RM24 for one main course-chicken chop and one drink- iced honey lemon. There's other alternative as well but after some survey the minimum spending per meal will be RM10++. Most of the diner are KDU students, staff and Executive from the company around the area.

The environment of the place is quiet and decent. Lets hope that it can maintain that way. The traffic is smooth as well which is a plus point. However this also indicates that the place is not highly populated. I talked to the SA over there to get more information on the project and about the student population in KDU.

As of now, they claimed that the student population is still less than 3k. For that to gradually increase to 7k, i think it will take some time. As most of the students are local, some of them might prefer to travel instead of renting a unit there. This is something that you have to think of. Even if it reaches 7k not 100% of them are going to rent there.

For investment wise, I don't think this is a place where you can come in and out in the next few years. The demand is not there for both rental and sales, majority of the people is still skeptical about the project. Nevertheless, if you are planning to buy for own stay, I would say this is a nice spot (purely personal preference), If there's more eateries and hawker center nearby that will be perfect. My only concern is the light industrial area opposite the property. I saw a few industrial chimneys there, not sure will it affect the air quality around the area. If someone can enlighten me of this matter that will be nice biggrin.gif

Babizz
post Jun 24 2017, 10:31 PM

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QUOTE(George888 @ Jun 17 2017, 10:53 PM)
It's good for long-term, as the residents or tenants do not need to pay higher prices for groceries. Able to attract the mass market instead of a niche.

But yes, one thing clear is, this place is not targeting the super rich like Mont Kiara / Bangsar. Just middle class / upper middle class segments.
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middle class ppl don't shop in maeden, econjimat and NKS. downgrade shld show some signs of the performance of the mall.

QUOTE(Alex05187 @ Jun 23 2017, 01:41 AM)
Just want to share some personal opinion around the utropolis marketplace.

The shops are not fully occupied as of now and most of them are F&B shops and one small MYDIN with very limited groceries available. Food are quite expensive, for instant I had my lunch in Vibes Cafe and it costed me RM24 for one main course-chicken chop and one drink- iced honey lemon. There's other alternative as well but after some survey the minimum spending per meal will be RM10++. Most of the diner are KDU students, staff and Executive from the company around the area.

The environment of the place is quiet and decent. Lets hope that it can maintain that way. The traffic is smooth as well which is a plus point. However this also indicates that the place is not highly populated. I talked to the SA over there to get more information on the project and about the student population in KDU.

As of now, they claimed that the student population is still less than 3k. For that to gradually increase to 7k, i think it will take some time. As most of the students are local, some of them might prefer to travel instead of renting a unit there. This is something that you have to think of. Even if it reaches 7k not 100% of them are going to rent there.

For investment wise, I don't think this is a place where you can come in and out in the next few years. The demand is not there for both rental and sales, majority of the people is still skeptical about the project. Nevertheless, if you are planning to buy for own stay, I would say this is a nice spot (purely personal preference), If there's more eateries and hawker center nearby that will be perfect. My only concern is the light industrial area opposite the property. I saw a few industrial chimneys there, not sure will it affect the air quality around the area. If someone can enlighten me of this matter that will be nice biggrin.gif
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some think 7k students 60-70% will stay on campus. with existing supply of only 1 phase of utropolis with 3k student also struggle, wait till all 3 is ready.
SUSMNet
post Jun 25 2017, 01:24 PM

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QUOTE(JasonKid @ Jun 12 2017, 12:32 AM)
Just because of current market sentiment, we able to choose more better entry package for properties.
Of course real estate is not the only investment, I get myself into currency market and owning few business too.
Opportunities is everywhere, especially after 2014 GST
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do u have biz at here?
TSGeorge888
post Jun 26 2017, 10:00 AM

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Utropolis Lifestyle Suites - Soho

Looking good!

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Sharebro
post Jun 28 2017, 02:57 PM

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QUOTE(George888 @ Jun 26 2017, 10:00 AM)
Utropolis Lifestyle Suites - Soho

Looking good!

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Look nice. Started vp?
SUSMNet
post Jun 28 2017, 09:00 PM

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old phase not new phase
TSGeorge888
post Jun 29 2017, 02:16 AM

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Paramount Utropolis Glenmarie is recognized as one of the Top 8 "Just-Walk Developments" in Malaysia in 2017, by starproperty.

http://www.starproperty.my/index.php/artic...laysia-in-2017/

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