I dropped by today , tower 2 almost 60% sold woh. And then on the spot when I was asking about a unit i was interested in. A customer beside me went and booked it first , not ONE BUT TWO units. In my heart I am like ," wah so attractive meh" , Rm560-Rm620 / sqfeet depending on unit type. 20 units per floor serviced by 8 lifts. Has almost 80 facilities (dunno how they gonna maintain) pretty high dense.
Advertised 3 Min distance from Pavillion 2. Went to entrance of site , open Waze and it showed 14 minutes to Pavillion 2. 3minutes is probably in a straight line on a Drone. LRT isnt considered near , driving takes around 8 minutes. And yes it is in LTAT so alot of gov housing in that area , it is gonna be dense.
Drove round the area and realized , damn alot of highrise already wei ! I dunno about this one, the hospital n school wont make your property shoot up 50% rental yield. And it is a private hospital , if you talk Gov hospital you gain more from rent as alot of HO and MO will rent as they are not permanent forever there.
Booking is 2k , first draw down prob middle 2019. Dunno how this property matches up to the already dense area. Furthermore the only luxury ref project the developer has is D Island in Puchong.
Arghhhh, decisions decisions....
whats the discount package like now? valid concerns on the oversupply risk. 3 mints i think if using the direct ramp to pavillion. 60 % booked only kot not yet sold. sure got loan drop out.
Dec 22 2017, 04:24 PM
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