Final Phase - Urbano "389 units"

Size / Price:
(a) 720sf - Min: rm 495,200; Max: rm 515,700
(b) 910sf - Min: rm 608,700; Max: rm 653,800
© 1045 - Min: rm 725,000; Max: rm 744,300

Early Bird Rebate: 9%

What do you guys think about this?

This post has been edited by George888: Apr 19 2017, 11:43 PM

Bukan ada grr meh?
Due to the first phase buyers rugi -ve around 800/month.

Wah boss no need sleeep ar. Most new condos rugi ler. Is jus how much u rugi on rental terms. For me if can cover 4.4% or interest plus healthy appreciation of 5-6% per year should be good prop.

Doubt this utropolis can achieve my criteria as rental supply far outweighs demand.

No GRR le I guess. Only for Phase 2B buyers.

It's located within Glenmarie light industrial park. Would working adults be willing to fork out rm1,500 per month rental?

Hi boss, same here don't think ultrapolis can serve such purpose based on the demands and price/sf.

noted, thanks.

This project not aiming students rental market?

When I look at location map, can target students and working adults working nearby, still doing analysis. There's 9% rebate now, and developer bear 3 years interest during construction period.

You'd the rental market and occupancy rate of ultraman + polis. Then you'd understand why they give you 9% + something like dibs..

This is not rezeki.as you thought, paramount haha...

Yes.

I'm a working adult, my previous house that I rented was RM1500. Current house is RM1400. I know few of my friends are also paying ~RM1500 rental (all of them with big MNC though).

Whether you can get those in Glenmarie.... is a different story.

More for own stay, with young atmosphere

As a first phase purchaser, im annoyed. The psf works out to be almost same with when I purchased back then. But is to be expected.

Lately I see a number of developers selling later phases cheaper/similar with earlier phase. Supply demand prob.

Renting to students or own stay?

We're talking abt 1k sf 3 rooms??

If rental could cover loan installment, most if not all qualified tenants would have bought.

How about few years ago before poopeti market boom?
Most condo owners enjoying +ve.

I can intro my agent. Very pro

Scale Model for Urbano

Visited the area for site study couple of weeks back. For those unfamiliar, Glenmarie for the most part have 3 components - landed houses, factories & university (with mall). Surrounded by highways too.

The factory stretch (car showrooms frontage road & junction) is notorious for traffic congestion during working hours.

Like many have shared before, one of the main question which struck me was where will the tenants be coming from? University & factories/warehouses/showrooms aside, still don't feel there's enough supply of long term tenants to sustain the investment side of Utropolis.

Correct me if I'm wrong, would love to hear sharing from those familiar with Glenmarie too.

U have to pay exclusive price but get so so return. Whats your plan?. At Kl a lot of product range with better potential. Unless plan to stay its different story. I see glenmarie as a place for stay not for invesment

I heard from one agent, this last phase of project required Balloting?? I'm still wondering.....

Yes it require balloting

Ballot is good when price is lower than market value.

Any forfeitable downpayment if winning ballot is not proceeded to purchase?

Is upcoming LRT 3 part of the selling point?
Or do LRT 3 will improve the area?

It's a plus point to have LRT3 just 1 to 1.5km away, freehold too. It's a long-term game if it's for investment, for demand to match the huge supply. In total 1,484 units for this integrated development.

1++km away can walk ah? Consider as plus point for family/uber etc but nothing like those walking distance.

If LRT3 is completed, don't you think people would have more choices of purchase near the stations?

There are many areas selling at cheaper prices just few stations away and the areas are more conducive for living.



This post has been edited by New Klang: May 24 2017, 09:12 PM

Is it same project as this one? http://www.urbanliving.com.my/index.html

Boss noticed ur generally very optimistic about many areas but why not glenmarie?

I need your input what is good in Glenmarie.

currently there is a station 5km (putra lrt - glenmarie station) and KDU is providing shuttle bus..
i worry this service will reduce no. of student staying in the campus since there is shuttle bus..
but the station carpark always full so can rent out to people who prefer stay near to the public transport i guess.

I agreed investment is a long term gain...
But if KDU can increase the students substantially to increase the demand
then sure it will be much more better..

Ya, they are working on it. In fact, their student number has increased, from the company's quarterly financial report. However, it takes time to fill 7,000 student & staff in this campus. Working adults around the area may consider to rent Utropolis too. We will see how.

This is a good investment, I getting 4 units here, which entitled for additional 1% rebate, total 10% rebate.

Try look into Glenmarie, how many condo or high rise do you see in this area? Don't say about Shah Alam or Subang Jaya, just talk about Glenmarie alone. Shah Alam and Subang is different games already.

Even with force rental 1500 per month, deficit 1000 every month include maintenance fees, the 6th year i sell off, i still get healthy 80-90k nett profit based on annual 5% appreciation which is damn low projection compare to annual 6%-7% in KL/PJ and sell off with 580K, which is still within affordable range for the next purchaser.

Look into college students behavior, where do they stay after graduate? Plenty of students still remain the same staying area because used to it, and new incoming students will require more bed, and they prefer outside not hostel due to no facilities and 8 students sharing 1 cluster and 1 bathroom also with other strict rules.

My 2 friend's phase 1 are renting out 6 beds x 600 rental : 3600 per months, enough to cover their installment. Depend how creative you are to rent out your units. Occupancy there is 70%~80%.

Every 20 years there is new township coming up, 1950s KLCC, 1970s Damansara/PJ, 1990s Subang/Subang Jaya, 2010s Puchong/Sg.Buloh/Shah Alam/Glenmarie. If still look into those places, you are getting more competitors.

Look into nearby factory workers salary, most of the executive there is earning 3-4k, not those palia doing chemical factory. With 3-4k, a couple planning to build a small family, combine their income 7k, selling 580K in the next 5 years, enough for them cover their installment 3k dy.

If anyone interested, I can share with you more details.

Wow 4
U got heavy bullet

Bro, try to calculate the total cost of this investment.
9+1% rebate, construction interest waived, only pay MOT around 10k x 4 during completion.
2 sell off during completion, 2 sell off after RPGT.
Not all the times u get such investment.
Plan well on the exit strategy, I usually selling off during 90% completion.

Bro you are so daring. i not sure whether you heard about that phase 1 owner all struggling to sell or rent their unit? Few of my friend who bought phase 1 is having this problem. They also telling me that the number of student is not increasing as what promise to them earlier. Number of student is decreasing compare to KDU old campus located at PJ.

Now phase 1 owner is worrying as the Soho is going to VP soon. Im sure competition become even worst after Soho has VP.

However, i do see a good point from phase 3 as the price is almost the same or a little bit cheaper compare to phase 1. maybe u still can fight the rental with previous phase.

If for those young couple with limited income buying for own use still ok. But if buying for investment, really good luck to you.

Just my point of view as i also invested around this area earlier and do some research before.

As I mention is about your creativity to rent out your units, as I'm the one who handle my friends phase 1 units and rent it out with 6 x RM600 : RM 3600 rental, is a two room unit which is below RM520K, monthly installment is 2500 + 356 maintenance fees, total around 2900, monthly positive cash flow 700. The cost for him to make partition and fully furnish is around 17K, two years time will get back his investment cost, by the time will sell it off after RPGT period.

Total 3 units they have bought, 1 sold out, 2 units rented out. The students there is increasing, look into their financial report, I don't believe what outside people say or rumors, although is at a slower pace which is 2xx new intake from 2015 to 2016, and in 2016 they are get approval for new courses, and 2016 to 2017 they manage to get 3xx new students up to today, so numbers are increasing.

But for SOHO unit, is worst than dual key larger units, because of expensive psf. So I didn't recommend my friends bought also. And SOHO some units are facing the main road, not really recommended.

Try to speak with the business owner there and sit at their cafeteria. You will notice almost everyday got families bringing their kids go for inquiry, then go to showroom for finding accommodation. Business owner are happy with the current crowd, as weekdays the nearby executive or work force will come over the marketplace for spending on food. Speak with them if really wanna get to know your investment.

This area other than temasya, I don't see any other high rise living units anymore. Don't talk about medium cost apartment, RM500 is the lowest per bed price rental there, by using this strategy and partner with the internal staff, rent out is so easy, as the hostel unit is 8 person share a single bathroom in a single cluster without facilities, and they are charging 2 months deposit and 2 months rental with RM300 processing fees, who the hell wanna rent hostel, RM500 better rent outside right?

Look at kids spending power, u will get shock, try hanging around there for 1 whole week. Lunch also can spend rm10 over ringgit.

Is up to individual when come into investment, I'm look into data instead of hearing this and that. Data like population grow, nearby workforce, parking etc. oh ya when come to parking, I can tell u the carpark is full during weekdays, especially lunch time, as u can see, they love the places.

I only can say those investor couldn't rent out or sell off, they are not creative enough to get their way out in this competitive markets. There is many option when come to dispose your units to your next tenant or purchaser.

I'm just share what I did, hopefully everyone don't missed out this great opportunity, self sustainable project like this is quite rare, the number or retail there is just nice, able to pull a lot of crowd due to having food from affordable RM7 up to RM30.

This is some of my idea, welcome to comments as i might missed out some points too.

Wah nice seee some agents painting a nice picture of the place. When i spoke to agents n 1 owner apart from all d ppl here who have been providing their views, they say that even after u hv many beds, it's still hard to rent out.

Walk to the units by urself and figure out the fact yourself, if your agents and the owner are using their old way to rent out the units, good luck to them for surviving in this difficult markets. So if your agent are not doing well in current market, time to change ur agents and friend circle.

Most of agents are only using their typical old way to rent out the units like those web portal, I'm partnering with the business owner internal staff and existing tenants to get my friends unit rented out.

I'm selling and sharing doesn't mean I'm 100% agents, i'm running my own f&b and hotel business too, and I love real estate alot. Rather than keep criticising all the properties in the market, recommend me some investment that you think is good and I will look into it.

Most of the KDU students are local or foreigner?

Thanks for your reply. Your reply can give me alot of idea on how to manage my current properties.

Can i ask you few question after seeing your reply. Just wanted to get more info, but not fighting with you. Hope you dont get me wrong.

How you rent the 2 rooms unit for 6 tenants? or you put partition in with more rooms? Are you providing fully furnished? As i know, student nowaday also wanted privacy, with Rm600 budget per student, i believe they will have a lot of choices at the same building with lesser people staying in 1 unit.

As for Soho, yes, the psf is higher than phase 1 or current new launch. But Soho also come with higher privacy compare to other phases. Me myself a student before and also stay at outside, if i have a choice, i would rather stay at a place that can give me privacy. just imagined, 6 person staying in a unit, toilet would definitely become an issue. Further more if you stay with those irresponsible housemate, they not cleaning up the house or whatever pattern that normally student today have. Soho is facing to the main road which is just an internal road which is almost at the end of Hicom area. as what i can see, there are not many car will pass by where most of the user of that road already make their turn into those factory area before reaching to Utropolis. So im abit not understand why you saying that Soho is worst than bigger unit? The only setback for Soho is comparing with each other due to 400+ of units.

Talk about business at the mall. if you can noticed, few of the shops already closed down since their opening from end of last year. I can say the most crowded period at the mall is only during lunch hour. This crowd come from the offices or factories nearby. If you go there before or after lunch hour, you will hardly see visitors at the mall. Same goes to weekend, you hardly see crowd around. I have a friend who was the owner of 2 F&B shop there, i dont know whether you know him. He is telling me that what being promised to him earlier before he decided to rent the place was not delivered. He is struggling now with the high rental with not many business a day.

I do agreed if im a KDU student will also just rent next to campus instead of renting at other places which required to travel. However, the problem is that most of the student of KDU is from local, not many of foreigner student in KDU. The percentage may as high as 90% local with 10% foreigner. Out of the 90% local student, majority of them are have their own transport and not renting or staying there. That why the car park almost full everyday due to park by the student themselves.

1 more thing, why Paramount lower down their phase 3 price? Do you guys think about it? From what i can see is that, they know they if they continue the concept like their phase 1 &3, it will not work anymore or it will be very hard for them to sell as the price is too high. They also very smart, change the name of their phase 3 to urbano. Y not for phase 2 or soho?

Majority is local

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.

First of all, I'm here to look for positive comments, I, too, interested in this property.
It was my 1st time going to that area over the weekend. I arrived at the place, a bit impressed...no jams, quiet, no foreign worker crowd there. But then, after the visit and came home, I came to think of my concern to invest there.
It is true that there were very few people around the marketplace /shopping mall seen over the weekend when I went, even during lunch hours. The staff was probably more than the customers. One may argue that it's a puasa month. Parking is free...so, my 1st thought was y free parking? Then I told myself, aiya, most likely free parking will be gone once this place is blooming with crowds in the future... But then, when thinking from the other aspect... This place does not have many ppl coming/ visiting, thus, the management can afford giving free parking, or thus, the management has to give free parking as 'incentive' or 'sweetener' for people to come.
The reason given like failed business strategy or lack of creativity..is valid, I agree.. But then, if I were to invest in the property...I don want myself to be the one cracking my head to come out with brilliant strategy and creativity, what I want as an investor is that the area is booming, that I do not need to work up some great strategies to make my business flourish.. What I want as an investor is that when I open my shop, there are enough people walking pass my front door, to see what I can offer to them... Simply put, as investor, I want the management to pull crowd to the shopping centre, not the other way round, not for the management to depend on the few owners pull their own customers as a standalone entity to each own shop.
At the moment, as I see, the crowd is just not there. In the future...may be...3 years time...probably better than current crowd, but whether can reach the potential having big crowds visiting the area, still remain to be seen..
At the moment, if the residential units are dependant mainly on students from kdu (give it achieving 7k students as planned), still, I can't foresee a booming crowd or potential buyers/tenants. To me, kdu students, hotel staff and working crowd from surrounding areas (if u still want to consider them as significant potential tenants) alone, is just not enough.
Pardon my poor English and terms used and probably my shortsightedness. I really hope to be proven wrong, with convincing arguments, so that I too can tap into the said potential of this project.

There is no right & wrong when come into properties investment. But for me investment is meant to be long like 3-5 years, otherwise it's call trading instead of investment.

I suggest that you should spend more times at there to monitor the crowd, maybe u can go there at weekdays.

It take times to let nearby neighborhood to know about this place, give u an example, when Publika just opening, it took almost 2-3 years to pull the crowd. Management is doing things like organizing events, managing the facebook, helping all the tenants to advertise, don't you think this is quite a good start for them, because it's their first mix development project.

Also look into the supply and demand there, how many strata living units within Glenmarie area? Maybe in future yes, like another 2-3 development in the area like 5-10 years? Look into the macro view, look into the map, how many vacant land left within 1km radius? Emporia by Titijaya, Naza TTDI Gateway, the land opposite naza development? Or Prima U1 there? but all of these development are surrounding by high traffic main road or highway, and also currently you able to see the Utropolis workmanship from the Paramount, quite nice right?

And dont forget the most important factor, the PRICE ~! Although price doesn't equal to value, but is still the most important fact when come for next purchaser to buy your units. This is the most affordable price within the area, don't say about Shah Alam stadium there having alot of choices like TTDI, Accapella, Elysium, Emira Residences, Arte Subang West, Manara U2 Soho etc etc etc, do you realize how competitive you are if you purchase there?

Plan your strategies, prepare for the worst, if you able to afford few months didn't rent out or deficit every month, you can just go ahead, diversify your risk and invest together with your friends and partners is one of the solution.

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.

Supply and demand is the main problem in ultrapolis. Updated my calculations

Total utropolis soho(400 units*2 ppl) + 3 room condominium (1100 units*5 ppl) + urbano 2-3 rooms (390 units* 4 ppl) = 1900 units with 8100 students in utropolis 3 phases

KDU Hostel have 800 units renting at RM650~RM950 = 800 ppl on campus

KDU Glenmarie will have a max student population of 7k & will have housing for 9k people. This is ABSURD for phase 2/3 buyers as the golden rule of student housing is to have less than 50% nearby as many college kids will drive from home (glenmarie is the centre of subang pj dsara n klang).

This post has been edited by Babizz: Jun 10 2017, 10:49 PM

Bro, do due diligence first before commenting, obviously u get the wrong info, total is 1056 + 428 : 1484 units, not 1900 units, that is huge different bro, and KDU hostel have 612 beds only not 800, even student have 3xxx currently but current occupancy rate only got less than 200 due to restrictions and no facilities with 2 months deposit and 2 months rental with 300 processing fees, would u prefer hostel or outside units?

Jason, apologies on the wrong data but let's go back to my original data and reduce the hostels to 600 accordingly.

Assuming no-one stays in the hostels, ull still have housing for 6.3k students with only 7k students there. What's ur answer for this? What abt all the students driving in from surrounding areas. This is not tar where most students r from outskirts yah.

Note, most families will NOT stay in a condo filled with students.

Typical developer tactics for kiasu buyers.

If 5% appreciation is a certainty, phase 3 price would be over 15% higher than phase 1.

What size are the bedroom to partition to 2? Could wall be hacked?

No need hack the wall just put gypsum board at the living room space. Even if wall can hack will be too costly. The size of living room almost like master bedroom without toilet.

5% appreciation rate is very conservative forecast. Phase 1 also 5% appreciate per annum, and the value of properties is derive from rental yield and renovation also. Try to understand how valuer do the valuation for property.

If phase 1 appreciated by 5% p.a., why developer priced phase 3 like phase 1 launch price?

size 1066sf around rm650k
http://www.propwall.my/classifieds/9392305...le-by-frank-lee

Bro, developer took out furniture hence able to lower the price.

One should question why such a big price gap with phase 2 which was highly recommended by propkopi. Let's take urbano size B it would be 609psf nett and 3 year DIBS worth 3.5%. Netting the dibs, Urbano would be 588psf and ph2 is 752psf. Don't tell me ur normal furnishing is worth 145k or even Mocco furnishin is worth RM240k

http://propcafe.net/paramount-utropolis-glenmarie/
Phase 2: For example, type F the price starts from RM990K (RM852psf) however in Tower C it starts from RM874K (RM752psf). There are always debate whether purchasers are paying over the odd for the additional fittings.

just look at temasya kasih, less ppl stay there

I hope somebody think about common sense first before commenting. Someone is assuming the whole projects must fulfill with students, and totally ignore the nearby factory high pay executive, also making false statement that most families will not stay in CONDO filled with students, look into setapak, sg long, UM nearby area.

I urged all the investors around forum get your information data accurately while doing due diligence, do not just simply grab data from internet and make judgement based on inaccurate details, simply grab some gross pricing info compare with nett pricing, without factor in GRR and DIBS for previous phase, nett pricing for phase 2 is around 550psf.

And compare apple to apple product not apple to orange product.

If there is enough demand from high pay executive, phase 1 owners won't be complaining couldn't rent out or sell.

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.

Property investment is not the only investment opportunity available. at current market sentiment, the down side far out weight the up side.

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

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.

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


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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.

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.

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

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.

Yes. SAM is too expensive.
Many student not afford.

upper middle class segments??????

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

luckily I avoid that place....there were too many this kind of places all.over klang valley..

there are too few like bangsar , kiara....

the resident at there is not able to support this.
too bad for this property

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.

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

middle class ppl don't shop in maeden, econjimat and NKS. downgrade shld show some signs of the performance of the mall.

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.

do u have biz at here?

Utropolis Lifestyle Suites - Soho

Looking good!

Look nice. Started vp?

old phase not new phase

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/

so the pic is for phase 1? not soho?

Utropolis Lifestyle Suites - SOHO

My friend told me launching 29/07/17 and its Final Phase









https://www.facebook.com/KLSelangor-New-Pro...98715320353272/

This post has been edited by mcmag: Jun 29 2017, 02:14 PM


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How much is the new phase cost?

Refer 1st page, 1st post

This post has been edited by George888: Jun 30 2017, 09:18 PM

U guys seriously wanna buy here??? That persiaran kerjaya are jam as hell during peak hour. People from subang take this road from jalan pengaturcara heading to shah alam and guthrie. If drive politely, still ok, but they are all kiasu and plain rude, cutting queue by going thru that commercial lot there. Causing people that queuing and had Green traffic light unable to drive.

Well, good luck if any of u guys wanna buy here. Every SA will say got KDU, got KDU, got KDU. Point is, not only u buy there, a lot other also competing getting tenant with a good price.

Just saying only..

Anyone buying for own stay?

im buying for own stay

Ohh.... okok... planning to go thr and have a look at their unit and the surrounding.

Buying for own stay

Looks really decent. 👍

Anyone can share info on the package they offered?

Final Phase - Urbano "389 units"

Size / Price:
(a) 668sf - Min: rm 495,200; Max: rm 515,700
(b) 879sf - Min: rm 608,700; Max: rm 653,800
© 999sf - Min: rm 725,000; Max: rm 744,300

Early Bird Rebate: 9%

Hi All, new to this forum... me and my bf survey around for our 1st home/investment and had following posts here. Appreciate all the opinions and it really helps a lot!
here my points (just personal view, no commercial !)
1. We decided to go for the 879sqf due to the size just nice for us and it is dual-key! to decide later if rent or own use the extra room.
2. booking RM3000 with post dated cheque, house price RM550k-570k
3. balloting?? SA said it is developer requirement, so it is the luck too. haha. I feel weird but will give it a try.
4. Quite environment, factories, traffic jam.... I think this is the situation of Malaysia, i am staying in sg.buloh now and here is worst.
5. reason of buying: good start within our financial budget and bet on it with good future.
P/S: distance? i used to stay puchong so Urbano is ok for me, my friends bought sime darby project next to bukit jelutong, even further with extra toll.
6. LRT3, SA said 1.3km, i did an extra checking (http://www.lrt3.com.my/alignment-stations/) it is 1.5km+/- based on physical driving (not really benefit as we are driving, but an additional selling point in future)
7. and other views lazy to describe more...overall, there are pros & cons, decide yourself!
8. SA service? 8/10 most importantly he did not over-sell and very honest to us.
that's all my view, hope to know anyone here had book the unit.

This post has been edited by Xiu Fong: Jul 11 2017, 08:19 PM

URBANO - FINAL PHASE
Any those of you who interested may PM me, I shall arrange property advisory, viewing show room is possible too.