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Investment RYAN & MIHO @ SECTION 13 PJ [OWNERS' THREAD], When A Boy Fell In Love With A Girl

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BEANCOUNTER
post Feb 24 2018, 12:35 PM

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QUOTE(icemanfx @ Feb 24 2018, 08:44 AM)
During kv property bull run, those bought early gained was no brainier. Later with aggressive a&p, many were blinded by greed.

Developer is in business to make profit for itself not for buyers.
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I disagree slighly.

Some developers do leave some money for their vvip supporters.


BEANCOUNTER
post Mar 12 2018, 01:27 PM

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QUOTE(George Ry @ Mar 12 2018, 11:37 AM)
Masterplan is different from the legally binding commitments to the purchasers which are stated in the SPA. The word 'plan' itself indicate something that may/may not happen in the future.

I believe developers themselves cannot simply change their masterplan without getting approval from local authorities. The only thing that buyers can do is to make their own judgement on whether the masterplan seems viable or not
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have any buyers even seen the masterplan they submitted to authority?

what we see only papermade models all the time.......getting approval from authority isn't that hard either.....if you know the way and who you are.
BEANCOUNTER
post Mar 12 2018, 02:54 PM

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QUOTE(George Ry @ Mar 12 2018, 02:26 PM)
My point is to understand the risk of masterplans (may change in the future) and make an informed purchase
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Informed purchase better wait til apartnents have fully completes baru beli.

U buy of plan......there are huge risk and uncertainty. Tis is not develpped countries.
BEANCOUNTER
post Apr 4 2018, 09:19 AM

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QUOTE(aaron1717 @ Apr 4 2018, 09:17 AM)
almost everyone in this forum beh song OSK one... so if u wan an opinion from here... most will ask u to go buy atwater... btw... u buy for own stay or investment?
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keke

ignore all white noises here...

can go see their latest masterpiece (pun intended) at Emira.
BEANCOUNTER
post Apr 4 2018, 10:43 AM

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QUOTE(aaron1717 @ Apr 4 2018, 09:53 AM)
hahaha... not everyone can ignore easily and filter out stuffs they want...

looks good their emira from the outside... the facilities level landscaping looks decent... passby aeon shah alam sure will saw that....
in this part of PJ... matured already.... investment wise... mostly just hold long for appreciation... but its leasehold... so will depreciate if hold for too long...

keep for rental... yield is not that juicy... but not too bad also in order for you to hold on for good appreciation....
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owners refused to share interior pics......that part is an open discussion.
BEANCOUNTER
post Apr 4 2018, 02:24 PM

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QUOTE(iamrivendell @ Apr 4 2018, 01:50 PM)
And what about Panorama...
I'm making comparison between PJ Midtown & Panorama now

Would like to hear others' feedback too
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You need to do study on what general asking rent in sec 13 17 14 as compared to

Kelana jaya ara dsara and saujana shah alam.

BEANCOUNTER
post Apr 15 2018, 01:54 AM

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QUOTE(citizen162888 @ Apr 14 2018, 10:06 PM)
What is Ryan and Miho ? some TV actor ?
Never heard before also ..

Maybe Ali Muthu Ah Kau ?? dry.gif
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Actually they are Rian (turkish origin) and miho (japanese).
BEANCOUNTER
post Apr 15 2018, 07:36 PM

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There are condos much older than 100yrs in london paris and other part of developed worlds

But locally built quality especially the past 20yrs using untrained workers and develooers means to make maximum profit, after 20yrs most if not all condos will be botch up jobs jor. Dun need to talk avt 50 yrs or 100yrs. Only can syiok sendiri.

This post has been edited by BEANCOUNTER: Apr 15 2018, 07:38 PM
BEANCOUNTER
post Apr 15 2018, 09:50 PM

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QUOTE(stevenkkh @ Apr 15 2018, 09:42 PM)

I don't think this make sense, is this consider all this leasehold condo consider as total loss once leasehold pass.
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No. If you sold it b4 lease expired...yes all stakeholders can share the land cost.

If you sold upon lease expired....you get nothing....

BEANCOUNTER
post Apr 15 2018, 09:53 PM

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QUOTE(stevenkkh @ Apr 15 2018, 09:45 PM)
Yes, it might not be in good condition, but will this lead to all condo decreasing in price? Is this means all the condo after 20 years++, 50 years++ will keep depreciating like a car? If follow this logic, this kind of property will not keep increasing the price but keep depreciating?

Are you sure this is the scenario for all high rise building?
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Look at news report lah my friend.....

When developer bought over prime land with buildings on it....did they ever mention how much the land cost and how much the building cost for the purchase price? No rite. Its all about land value bcos the building they will bulldozed jor....
BEANCOUNTER
post Apr 15 2018, 09:56 PM

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Leasehold is you lease the land from gov.

You can put anything on top provided the leaae is on going.

Upon the lease expired with no renewal the gov will take back the land. Of course you can remove whatever thing on top at your own cost.

If you can move an apartment on top....by all means.
BEANCOUNTER
post Apr 15 2018, 10:01 PM

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QUOTE(stevenkkh @ Apr 15 2018, 09:59 PM)
Obviously, you cannot sold anything from land, house, condo and anything expiring in leasehold.

Who will go buy a land or condo that is expiring in leasehold with no expectation on renewal? That is why it does not make sense to me if any owner nearer the leasehold expiring date not wanting to renew the property.
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Renew of lease is no free.

For condo i think you need 100% consensus to renew.
BEANCOUNTER
post Apr 15 2018, 10:46 PM

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QUOTE(stevenkkh @ Apr 15 2018, 10:07 PM)
Everyone know that, refer to my article above for the fees, the same goes to any property with leasehold title. That is why I said who on earth will want total loss instead of forking out certain amount to renew the leasehold.

Not make sense to me if anyone rather total loss than to renew the ownership of their property.
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You think everyone can fork out 30k or so to renew for 30yrs where the condo almost runtuh?

Or everyone has the financial mean to do so? Many people still struggle to live from mouth to mouth. Beside if owner already in their twilight yrs you think they want to renew?
BEANCOUNTER
post Apr 17 2018, 01:15 PM

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QUOTE(stevenkkh @ Apr 16 2018, 02:01 PM)
Your reasoning is weird, if they does not want to renew, they will choose to sell it off instead of total loss for anyone interested on the condo to price in the renewal fees along.

Who will want a total loss after years of cash to buy a condo? Imagine you have any property who is expiring and you can renew the lease, you will reject and wait for total loss instead? Not logic to me!
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sell what?

if lease left with few years, developer might as well wait til lease expired, then lease the land again from gov.....

why need to compensate current owners?

as for owners, you know that of a whole complex, how many owners are there? and the status of each owner?

BEANCOUNTER
post Apr 17 2018, 04:23 PM

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QUOTE(stevenkkh @ Apr 17 2018, 02:44 PM)
This no longer related to the developers. Plus this is really political as if Gov or State Gov take the land back to resale to another developer.

Example will be all the upcoming leasehold house which is been offer to be able renew. If the State Gov want to be rich, yes, they could stop all renewing process of leasehold and resell all the high price land but due to political reason, they are reluctant to bear such reputation.

This is the scenario with a if everyone been offer for extend leasehold, a simple maths will show it is the most beneficial. As times goes by, the so called unanimous decision can be translated to majority, who know that every single one need to agree and just majority will do. Those does not agree will lose their ownership when the times come, as easy as that. Maybe at that time, more will be interested to get cheaper property from all this so called people who don't want to extend their leasehold  rclxms.gif
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When state gov has no immediate plan for the reuse of the lans, they will offer extension. Pls note that extension most likely wont be 99 yrs. Also i think you cant sell the property once you requeat for extension.

Most condo reaches 99 yrs....am afraid its close to be condamned jor......
BEANCOUNTER
post Apr 18 2018, 03:13 PM

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Steven kor....

Suggest you create a new thread and discuss this lh issue to yr satisfiction.

No matter how many replies here you still wont be happt until everybody here said the same thing like you
BEANCOUNTER
post Apr 18 2018, 03:21 PM

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QUOTE(stevenkkh @ Apr 18 2018, 03:17 PM)
I think you are funny, you yourself also not happy till everyone said the same thing, I am discussing something related to this property on the renewal of the leasehold property and here you are the one saying this property is worthless. By the way, do you even aware ryan and miho is leasehold property? That is why this leasehold renewal come out.

Who is the one talking something not related here actually? If you are interested with this property, obviously you will be interested to know the surrounding issue especially on your chances of renewing the leasehold, why on earth will I buy this property if I know this is hopeless property in long term!
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I dunno why you buy tis property seriously.......

Honestly i dun care abt lh properties......my long term plan doesnt involved property....only plan how to spend my money for the remaining of my life
BEANCOUNTER
post Apr 18 2018, 03:30 PM

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QUOTE(stevenkkh @ Apr 18 2018, 03:25 PM)
This is so funny, you are not interested with lh properties and here you in a leasehold ryan and miho property topic!
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Steven do you know how to read english properly????? And inteprete english language? Typical gen x or y.........

I said i dun care abt lh.....

You inteprete as "i am not interested'....

Same meh the above?
BEANCOUNTER
post Apr 19 2018, 10:26 AM

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Calling empat tan
BEANCOUNTER
post Apr 19 2018, 12:56 PM

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QUOTE(aaron1717 @ Apr 19 2018, 11:29 AM)
elmina, denai alam u can get new freehold landed around that price... not exactly very far from subang PJ though with their direct access to guthrie...

but then for own stay... what means to you currently is the most important... lh and fh may not be that important to them as its something far away into the future especially condos... alot of ppl will upgrade from their initial condo.... and also alot of lh projects actually still selling out as long as the location is right with pricing that suit the lh tag....
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even peejay you can still get FH condo or service apartments lah..........

dont need to sound like end of the world........


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