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 TR RESIDENCE @ JALAN TUN RAZAK - V2.0, Titiwangsa (Owners & Buyers Thread)

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icemanfx
post Jun 26 2017, 06:55 AM

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QUOTE(kochin @ Jun 25 2017, 09:20 PM)
https://m.facebook.com/story.php?story_fbid...97&id=753417896

Looks like becoming a trend for developers to sue purchasers
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When she made presentation to the developer, she was trapped.

icemanfx
post Jun 26 2017, 01:10 PM

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QUOTE(lightbulk @ Jun 26 2017, 11:45 AM)
Yes u r right. But defects repair bill bare by main con.. what so hard for the developer to rectify n pass the complaint to main con? This I confuse why the case ends in court.
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QUOTE(MalouKing @ Jun 26 2017, 12:24 PM)
For almost 1 yr, MxH & its main con did not fulfill their responsibility in rectifying the defects & din even entertain her, sibeh jialat both parties. mad.gif
Cunsumer should unite in protecting their rights.
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Works are normally carry out by subcontractor, could be a break in the chain of command payment .

icemanfx
post Jul 1 2017, 01:11 AM

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QUOTE(kh_lim @ Jun 30 2017, 05:07 PM)
Got a call from SA about 2 loan rejected units released today...
Didn't know that the leasehold left 68 years only...shock...
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QUOTE(cutealex @ Jun 30 2017, 06:47 PM)
More units will be released after next week.
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mthc loan rejected units is almost always available.

This post has been edited by icemanfx: Jul 1 2017, 01:12 AM
icemanfx
post Jul 7 2017, 10:25 AM

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QUOTE(JustForCheonging @ Jul 7 2017, 09:26 AM)
When everything comes into solid only we discuss. Now to implement tourism tax or not still remain to be known.

Just my 2cents
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Unlike hoteliers have association to voice their concern, airbnb operators are without representation and will take whatever tax is imposed. airbnb operators are mostly property investors and is unlikely be exempted from tax.

icemanfx
post Jul 7 2017, 03:43 PM

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QUOTE(hioniq @ Jul 7 2017, 12:37 PM)
Invested in one condo and collected the key recently, my main purpose to flip for quick cash but unfortunately market is bad and hardly to sell now to make profit.

So in your opinion how long do I need to hold it before I can sell it off with handsome profit? The condo is epic residence bukit puchong, studio unit 624sf.
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QUOTE(hioniq @ Jul 7 2017, 01:12 PM)
About 100k gain is handsome. Bought at 373k and target sell it arnd 450k. But I knew it is impossible now as still many left over developer units, so I can only hold for now. No plan to rent as I dun wan the hassle of managing tenant.
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QUOTE(hioniq @ Jul 7 2017, 02:54 PM)
I got 5% rebate only and hv to serve interest. But developer gave better offer after with 10% rebate. Lucky the developer can deliver ahead of schedule and save us some interest. But the price quite steep and very hard to sell now.

Now I get tied up with this condo already and pray hard my job will be stable. Else once I lose my job I will bankrupt immediately.
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Believe someone was asking for developer selling cheaper near vp than when launched.

icemanfx
post Jul 17 2017, 08:39 PM

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QUOTE(cutealex @ Jul 17 2017, 01:33 PM)
Site - No workers today, cranes moved out and etc..

I heard some (bad) rumours....and hope dev can settle it fast, internally.
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Could mean dispute with the main contractor.


icemanfx
post Nov 13 2017, 10:26 AM

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QUOTE(alextan1984 @ Oct 6 2017, 11:22 AM)
Great news although just paper gain. Haha.

I believe for this property, is a good gain in long run. I am talking about at least 5-10 years or even more.

No doubt 20 years later, the price is definitely higher. The increment is depends on how Malaysia economy develop in the next 20 years. Whether increase more or less.

Unless you say Malaysia got war or some unexpected events happened. Else I see this property still in upward trend in the future.

Btw, Just my point of view.

smile.gif
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In the long term, property price rise at about inflation rate. At 6% p.a compounded, price doubled in 12 years. Given over inflated price in the last few years, it could take a few years before price returned to long term trend.

icemanfx
post Nov 23 2017, 09:38 AM

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QUOTE(Neoh1979 @ Oct 6 2017, 10:40 AM)
u already earned alot of paper gain...10% or more....😊
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QUOTE(AskarPerang @ Nov 23 2017, 09:07 AM)
The entry price for early birds buyers actually way below 700 psf. After rebate is 500k for 753sqft. Cannot compare if you are entering late on.

Anyway, they already paper gain a lot there.
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Until paper gain become cash in bank account is as good as syok sendiri gain.


icemanfx
post Nov 23 2017, 01:22 PM

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QUOTE(Neoh1979 @ Nov 23 2017, 12:54 PM)
syok sendiri better than u nothin to syok 😁
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You just don't have any idea.

For reasons, there are fewer than 3% of adults in the kangkong land have over us$100k net worth.

icemanfx
post Mar 24 2018, 07:21 PM

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QUOTE(gks @ Mar 22 2018, 05:52 PM)
based on postings above, I think owners in closed group already proposed to MKH to build elevated linkage from LRT/Monorail to TR but my guess the request was not entertained.

Now is using public channel to put some pressure MKH (if they are reading the forum).

Leopard cannot change its spots and as mentioned by one forumner if it happen... it is a bonus to the owners.
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QUOTE(The Jedi @ Mar 23 2018, 05:28 PM)
GDV for TRR is RM303mil and the cost for a linked bridge would not cost more than RM2mil (less than 1% of GDV) if MKH builds the bridge without co sharing with Prasarana

There is valid business case to spend this small investment to enjoy the following benefits
1. improve MKH branding in the midst of intense competition and slow property demand
2. drive more pedestrian traffic to its TRR retail outlets which likely to be owned and managed by MKH
3. can fast sell the remaining 10%-15% of unsold units due to strong selling proposition of the linked bridge to achieve better security and easier connectivity

MKH, the decision is clearly written on the wall and the ball is at your court
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Construction of elevated walkway needs dbkl approval and one condition would imposed by dbkl is public access and cost is certainly over rm2m.

Unless this elevated walkway could bring meaningful price increase to remaining unsold units, developer is unlikely to consider.

icemanfx
post Mar 24 2018, 08:10 PM

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QUOTE(Neoyo @ Mar 24 2018, 08:02 PM)
Even at 2mil is certainly worth investing.... Imagine 20+unit commercial are kept by mkh. With balance unit say 10% balance  (65units), imposing 5% of price increase... would have easily cover the cost.
A no brainer and easy decision to make to invest in the bridge...
Pic attached show opposite building (top glove office) has direct link to lrt...
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If the developer believe the elevated walkway could bring added value to the project, it would have planned before launch.

icemanfx
post Mar 24 2018, 11:32 PM

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QUOTE(Neoyo @ Mar 24 2018, 09:56 PM)
Even before launching, the sales has been tremendously good and hence, mkh think its not necessarily to invest in the bridge. Then again with more projects that came out with direct link,  more competitive environment, plus unsold units,  perhaps its wise to invest in one.
Also with price increased already, they would have the fund. Same with the extended lease which was given later....
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The developer has a track record to maximize profit e.g rise price in stages, wound avoid spending if could be avoided. If sales to date is above break even point, the developer has a few years to sell the remaining units.

To submit elevated walkway at this stage may subject the project to new regulatory requirements, which most if not all developer would avoid.

This post has been edited by icemanfx: Mar 24 2018, 11:37 PM
icemanfx
post Oct 18 2018, 03:33 PM

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QUOTE(KobeWanKenobi24 @ Jun 11 2018, 06:22 PM)
I would say mostly younger professional, if the place is furnished well no problem to rent out to expats. for 3 bedrooms I don't see problems with rm3k rental fully furnished, it's 4 stations to KLCC with MRT/LRT/Monorail at doorstep.
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In metropolitan like London, Paris, Tokyo, New York, etc do people preferred to stay near transportation hub, rental is higher or more like run down area?

How much difference does it make to stay a few stations away for a better environment?

This post has been edited by icemanfx: Oct 18 2018, 03:52 PM
icemanfx
post Oct 18 2018, 11:37 PM

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QUOTE(Neoyo @ Oct 18 2018, 11:31 PM)
Ohh should be 90% smile.gif
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Napic property overhang is fake news.
icemanfx
post Oct 18 2018, 11:53 PM

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QUOTE(David_77 @ Oct 18 2018, 11:49 PM)
Oh course fake. Cos didn’t take into account of private sales, auction etc.
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Yes, secondary market i.e subsale is not included, believed overhang is over 3 times of primary market.

This post has been edited by icemanfx: Oct 18 2018, 11:54 PM
icemanfx
post Oct 19 2018, 03:46 PM

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QUOTE(m0n0p0ly @ Oct 19 2018, 12:24 PM)
Bumi unit also not much left u say not hot? Then which one hotzzz?
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Napic property overhang is fake news.

icemanfx
post Oct 19 2018, 04:33 PM

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QUOTE(m0n0p0ly @ Oct 19 2018, 04:06 PM)
Napic info got delay and overhang props only for specific area...500-800k still got strong demand in matured neighborhoods
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All will be revealed after vp from number of foreclosure, subsale price and rental.

icemanfx
post Jan 6 2019, 09:53 AM

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QUOTE(Neoyo @ Jan 6 2019, 09:37 AM)
Doesn't make sense to jeopardise ur own project la... Want to do csr... Do some other area la
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If fully sold out, zero impact on bottom line. The developer never guarantee adjacent project will be more expensive e.g Ms Lakeville or buyers can make profit.

This post has been edited by icemanfx: Jan 6 2019, 10:10 AM
icemanfx
post Oct 20 2019, 08:28 PM

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QUOTE(hazwan_zohdi @ Oct 20 2019, 08:17 PM)
Early bird or late bird?
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Either is good for roasting.
icemanfx
post Jan 12 2020, 08:31 PM

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QUOTE(aaron1717 @ Jan 12 2020, 05:39 PM)
lol why u give so much effort to a joker... chui shui ng mat zui... lol... still its lucky to have such a joker in the forum... need someone to compliment aunty icey existence here also... and usually ppl who talk like this... most probably got burned very hard or just dont dare to take the first step... like to remain at the sidewalk and laugh at those who making money...  tongue.gif  tongue.gif
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Those blinded by greed has very narrow vision and indulge in syok sendiri.

If those bought during bull run could be profitable before the market recovered, there won't be any downturn, foreclosure or crisis.

This post has been edited by icemanfx: Jan 12 2020, 09:43 PM

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