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 Ancube Botanical @ Pantai Dalam, From 330K

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BEANCOUNTER
post Sep 29 2017, 10:08 AM

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QUOTE(Quang1819 @ Sep 29 2017, 09:55 AM)
Seems nice. But mcm quite high density also
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price and density always go hand in hand........in opposite directions.

BEANCOUNTER
post Sep 29 2017, 10:48 AM

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QUOTE(alesi616 @ Sep 29 2017, 10:44 AM)
wow 330k price at Pantai Sentral Park vicinity is like a steal !  BBB begins
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pls say hello to 1167 other investors.....
BEANCOUNTER
post Dec 17 2017, 08:29 PM

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The whole bukit gasing will be botak and becoming concrete jungle in 10yrs.
BEANCOUNTER
post Jun 27 2019, 12:30 PM

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QUOTE(jojo168 @ Jun 27 2019, 10:46 AM)
My first apartment invested was opposite a cemetery in Shah Alam Batu 3. That was chinese cemetery and 20x huger than this at Pantai Dalam. Still I make profit of 50%++. Good or bad is depending on individual.
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when did you buy and when did you sell?
BEANCOUNTER
post Jun 27 2019, 07:11 PM

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QUOTE(jojo168 @ Jun 27 2019, 05:21 PM)
Bought in end of 2009, sold some where 2016 or 2017. Can't recall clearly.
Maybe not the max profit, but consider not bad to me. The key is buy at the lowest point.
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All properties bought prior to 2010 and sold after 2011 sure make money...cemetary or what not......

If yr property is not having cemetary view or neaeby, guarantee can make at least 100% to 300%.
BEANCOUNTER
post Jun 27 2019, 07:18 PM

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QUOTE(trust4you @ Jun 27 2019, 07:13 PM)
Here or suria pantai better?
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Why need to chose and pick?
BEANCOUNTER
post Jun 28 2019, 12:28 PM

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QUOTE(trust4you @ Jun 27 2019, 10:09 PM)
u think everybody rich can buy both?
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can don't buy both or not????

or these two are the last of the last launch for Malaysia in the next 10 yrs?
BEANCOUNTER
post Aug 13 2019, 09:55 PM

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700psf n you expect owners to take bus then lrt to work or bus ktm to work?

Any modern amenities such as grocery n eateries and etc without the needing to drive?
BEANCOUNTER
post Aug 15 2019, 01:19 AM

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QUOTE(jojo168 @ Aug 14 2019, 12:40 PM)
Compare to our neighbour, we are not the high end properties. The public transport is a good option to both tenants as well as owner. (Though many owns vehicles.)

There will be eateries and groceries below the apartments. Also if our neighbour follow their initial plan, there will be lifestyle mall just right opposite. (Walking distance is about 100m, next to the lake) So the residents can walk to the lifestyle mall and do their grocery shopping and dining everyday.
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If you paid 700psf and it's not a high end property then you overpaid already

You guys still believe in mall fairytale..?????
Who is the targeted catchment????
BEANCOUNTER
post Aug 15 2019, 02:45 PM

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QUOTE(jojo168 @ Aug 15 2019, 10:36 AM)
Psf is very subjective and it is depending on area. Nowadays, Bangsar South & OKR are easily higher than RM700psf. (except for some leasehold project without any good selling points) Our neighbour are asking RM1Kpsf. So we don't call ourselves "high end". A mall is convenience for the residents. It is not the main factor that decides the success or failure of the project nearby.
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700psf is 700psf...

Doesn't matter where its in malaysia.

You cant claim that 700psf is mid price range

Of course every residents also want mall...but who will invest in them knowing that it will bleed til dry when completed?
BEANCOUNTER
post Aug 17 2019, 11:02 PM

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QUOTE(forever1979 @ Aug 17 2019, 04:50 PM)
what is the biggest pro/ advantage(s) over SouthLink ?
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Southlink is highly compact and high density and most units only have window to window view out.

Southlink FH. If tis matter to you.

I pick southlink anytime.
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post Aug 17 2019, 11:02 PM

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QUOTE(MrBlackie33 @ Aug 17 2019, 05:19 PM)
gives you more natural feeling and unblock view from your own unit, and cheaper? lol
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700psf i dun think its that cheap compared to southlink.
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post Aug 18 2019, 02:37 PM

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QUOTE(jojo168 @ Aug 18 2019, 01:22 PM)
I booked before Southlink and obtained loan. But some how I cancelled and bought Cubic Botanical.
Reason simply because:

1) Southlink = floating car park
2) Matured area = higher entry price & lower profit margin

For buyer, regardless own stay or investment, I don't really buy the idea of "floating" car park. There are possibility that I need to rent from management in near future. And of course, for purely investment purpose, ringgit and sen are my utmost concern (how much profit I can earn).
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carpark for southlink most probably is for rent on either yearly or quarterly basis. but am not too sure if certain floors are FREE for owner to park.
if I duplicate the access card, I can easily park 6 cars in the carpark lot.

can share how much psf for southlink and Ancube? I thought both are 700psf or thereabout?

how do you determine Ancube investment is 'better' than southlink at this stage? and don't even start with rental cover monthly instalment. give me full and pure $ and Sen figure, the value of your opportunity gain and cost.
BEANCOUNTER
post Aug 18 2019, 02:39 PM

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QUOTE(jojo168 @ Aug 18 2019, 01:44 PM)
My point of view is, Cubic Botanical is more convenience to access to the main route. Southlink's access road seems narrower and it is always congested during the peak hours. If buyers' concern is the surrounding and environment, Cubic Botanical is much closer to reserved forest.
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forest reserve is a joke lah...everybody knows....

if this is a forest reserve, there wont be so many developments going on in gasing hill. 1st of all, they already allowed building on the peak of the hill jor……..

for 700psf or thereabout, I bought something with good Damansara address and faces a real forest view...…(I purposely don't used the work 'reserve' bcos in Malaysia, money can buy just about anything).

This post has been edited by BEANCOUNTER: Aug 18 2019, 02:41 PM
BEANCOUNTER
post Aug 19 2019, 10:08 PM

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QUOTE(jojo168 @ Aug 19 2019, 06:20 PM)
If the forest reserved remain, then it would be a bonus. After changing of authority, not sure will there be any new development at Bukit Gasing.

Damansara would be a good place to stay, but for the tenant market and also the commercial zone wise I would think Bangsar South/Pantai Dalam still the better choice. Else Alibaba would have set up their company at Damansara address area.
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Alibaba can set up there but they can also move to another place......

Bukit Gasing is no longer a forest reserve.....even 40yrs ago there was proper tarred road goibg up the peak. Now almost bald already.

For tenant market i wouldnt argue. Each to its own.
BEANCOUNTER
post Aug 19 2019, 10:14 PM

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QUOTE(jojo168 @ Aug 19 2019, 06:14 PM)
Maybe I am a bit conservative, so I am not able to accept the uncertainty of the car park issue. (That's why I didn't proceed with Southlink)

I booked a unit of 452sqft early of 2018. SPA price RM414,800. Rebate 6%+2%. So nett is RM381,616. Psf = RM844.28. In fact the price has increased when I booked. Initially was much cheaper. So after one and a half year, how much should they sell at? Of course for balance units will be different story. Many developers are disposing their balance units at very "attractive" psf. As I don't really survey about the left over units, so I don't really know what is the latest psf for them.

RM844.28 psf is much higher than Cubic Botanical's RM700psf*. So I assume Cubic Botanical is a much better offer. Of course I can't forecast how much will be the exact rental for Cubic Botanical. But we can take assumption from nearby property's current market rental/price. Of course we can discount 10% or 20% on the expected rental if want to be conservative. Another easier way is to buy low (or lower) and sell high (or higher). To me, I would just get tenants to rent my units upon VP, then there will more additional cost from my side. The lesser my cost is, the higher my profit will be.
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One can find thousand of reasons not to like a property but you only need one reason to buy. Its common for all people.

Uoa property u need to be the early birdie much like mahsing property. After u missed this window, it will not be worth it. Their initial price is much lower than what they quoted you.

If you want lower cost and higher profit, you should target pantai rumawip.

You do know how southview performed rite????? Demand for rental will not be an upwards trend forever.

I believe 800psf you can get southview subsale already.

I am not vested in any part of bangsar south or pantai. I left bs in 2010.
BEANCOUNTER
post Oct 15 2019, 12:53 PM

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QUOTE(silrave @ Oct 14 2019, 11:33 PM)
investment
not home stay
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This is the biggest mistake an investor will do....

Investment - i dont care bcos i will not live there.
Ownstay - doesnt matter if it appreciate or not, bcos its not for investment.


BEANCOUNTER
post Oct 15 2019, 09:41 PM

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QUOTE(seancl85 @ Oct 15 2019, 08:49 PM)
Is this good for own stay or investment? (Cubic?)
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if you ask for my personal opinion, I would say both also no.
BEANCOUNTER
post Oct 16 2019, 11:23 AM

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QUOTE(seancl85 @ Oct 15 2019, 10:49 PM)
kinda agreed too...any property currently may have both?
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I keep them to myself.

there is no perfect property.

 

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