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> Aster Residence Cheras by Amber Homes, 56m Linked Bridge to Tmn Connaught MRT (Investment)

Jagalat
post Feb 27 2018, 12:09 AM

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900+ units in less than 3 acres land.... Hmmm
Jagalat
post Feb 27 2018, 12:15 AM

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QUOTE(Quang1819 @ Feb 26 2018, 10:33 AM)
Got 3 big condos there still wanna build another one meh.

The other one opposite Maxim Cheras also haven't built yet. The 5 lanes to B9 toll also not enough for them liao
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Masim is very smart bagging the sales/SnP of MM.
BTW, Amber Cheras can skip B9 tolls as long as it can be accessed from Jln Cheras Hatamas
Also, access from Tmn Segar can ease some pain as alternative (if lucky)
Jagalat
post Feb 27 2018, 12:22 AM

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QUOTE(AskarPerang @ Feb 26 2018, 11:00 AM)
Hope this is real not just "proposed" or "artist illustration" only.

user posted image

With direct link to MRT, one doesn't need a car or go through the toll for access. So able to skip all the mess.
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If materialised, this link bridge will stand out attracting tenanats.
But, rental play may face some competition with expected lower rental eg the 2k units of nearby MM
Jagalat
post Feb 27 2018, 12:28 AM

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QUOTE(Fat3Twister @ Feb 25 2018, 02:36 PM)
650sf from RM368k nett.
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90% loan for 30 years with an interest of 4.6%(just random use this number) will have installment about 1.7k....
Rental can fetch this break even price?
Jagalat
post Feb 27 2018, 12:31 AM

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QUOTE(jpaul @ Feb 26 2018, 12:06 PM)
HTC and SUKE is nearby right ?
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HTC nearby at the west of this site....
Suka highway a bit further(still near) towards the east and south east of this site.....
BEANCOUNTER
post Feb 27 2018, 01:34 AM

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QUOTE(Jagalat @ Feb 27 2018, 12:28 AM)
90% loan for 30 years with an interest of 4.6%(just random use this number) will have installment about 1.7k....
Rental can fetch this break even price?
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Best to use the cost of fund to calcukate...

358k x 4.6%p.a. = 14xx per mth.
tongyk
post Feb 27 2018, 02:04 AM

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QUOTE(Jagalat @ Feb 27 2018, 12:28 AM)
90% loan for 30 years with an interest of 4.6%(just random use this number) will have installment about 1.7k....
Rental can fetch this break even price?
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Nope, it's still cheras.

what i observe is amber stands out of home stay or room rental play compared with MM n Annex for 2 bedders. bathrooms are in bedrooms.

Whereas, MM layout is more family oriented as bathroom is outside the bedroom.

seechin
post Feb 27 2018, 05:31 AM

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QUOTE(jpaul @ Feb 26 2018, 11:06 AM)
HTC and SUKE is nearby right ?
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feel pretty close to htc....


Attached thumbnail(s)
Attached Image
mrKFC
post Feb 27 2018, 09:10 AM

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QUOTE(bigman @ Feb 26 2018, 10:16 AM)
Amber already got all the approval from MRT and SPAD to built the link bridge...and the bridge will be under JMB
The layout is practical especially 650sf....

with the price tag.... the target rental for small unit is 1200 per month.... should be no problem at all....
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Mind to share layout? Can visit office directly to book?
bigman
post Feb 27 2018, 10:13 AM

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QUOTE(mrKFC @ Feb 27 2018, 09:10 AM)
Mind to share layout? Can visit office directly to book?
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can go to their sales gallery to have a look and place booking... dun forget to bring cheque book
Jagalat
post Feb 27 2018, 10:50 AM

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QUOTE(tongyk @ Feb 27 2018, 03:04 AM)
Nope, it's still cheras.

what i observe is amber stands out of home stay or room rental play compared with MM n Annex for 2 bedders. bathrooms are in bedrooms.

Whereas, MM layout is more family oriented as bathroom is outside the bedroom.
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If bathroom is inside the bedroom, it is better convenience to room stayers.
Some disadvantages are privacy trade off by visitors (going thru the room) and accessibility trade off (from kitchen while cooking). The "best" part is someone sleeping at living hall wanna go to toilet late night...
bigman
post Feb 27 2018, 11:09 AM

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QUOTE(Jagalat @ Feb 27 2018, 10:50 AM)
If bathroom is inside the bedroom, it is better convenience to room stayers.
Some disadvantages are privacy trade off by visitors (going thru the room) and accessibility trade off (from kitchen while cooking). The "best" part is someone sleeping at living hall wanna go to toilet late night...
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can go public toilet.... at facilities floor
AskarPerang
post Feb 27 2018, 11:15 AM

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Toilet inside rooms, toilet outside for guest? No layout pics to share?
Fat3Twister
post Feb 27 2018, 11:19 AM

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QUOTE(bigman @ Feb 26 2018, 10:20 AM)
For layout design.... Amber is winner

For location...Annex is winner

For price...Maxim is winner....
For acceptability to MRT station...Amber is winner if the link bridge is really materialized.
So ...up to your choice  to choose
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I beg to differ. For location, i think Amber is the winner. On the distance to MRT and walkability, i believe no debate here. In terms of traffic in and out of the condo, there are 2 access for Amber, one is via Tmn Segar while another one is direct from the highway. So go home is faster, but when out from home, need to make a u turn at the traffic light further up. I believe in terms of the traffic congestion of the access roads, amber will be much better.

Attached Image


QUOTE(AskarPerang @ Feb 26 2018, 07:59 PM)
Wow. possible here also tag with RUMAHWIP as well?
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There's no rumawip in this project.
aaron1717
post Feb 27 2018, 11:26 AM

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QUOTE(Jagalat @ Feb 27 2018, 12:28 AM)
90% loan for 30 years with an interest of 4.6%(just random use this number) will have installment about 1.7k....
Rental can fetch this break even price?
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if u can get 1700 rental per month... considered as covered your maintenance fees + interest already... haha... if u willing to make some losses on maintenance... then 1400 would be sufficient to breakeven on the interest paid....
bigman
post Feb 27 2018, 11:36 AM

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QUOTE(Fat3Twister @ Feb 27 2018, 11:19 AM)
I beg to differ. For location, i think Amber is the winner. On the distance to MRT and walkability, i believe no debate here. In terms of traffic in and out of the condo, there are 2 access for Amber, one is via Tmn Segar while another one is direct from the highway. So go home is faster, but when out from home, need to make a u turn at the traffic light further up. I believe in terms of the traffic congestion of the access roads, amber will be much better.

Attached Image
There's no rumawip in this project.
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how about gigantic HTC?

will be too close to the building?
AskarPerang
post Feb 27 2018, 11:45 AM

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QUOTE(Jagalat @ Feb 27 2018, 12:28 AM)
90% loan for 30 years with an interest of 4.6%(just random use this number) will have installment about 1.7k....
Rental can fetch this break even price?
*
QUOTE(aaron1717 @ Feb 27 2018, 11:26 AM)
if u can get 1700 rental per month... considered as covered your maintenance fees + interest already... haha... if u willing to make some losses on maintenance... then 1400 would be sufficient to breakeven on the interest paid....
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1700 is unrealistic.
Can take Maxim Residence as benchmark. 8xxsqft 2 bedrooms also rental at RM1100 - RM1400 partial furnish currently.
So direct link to MRT but smaller size 650sqft can fetch rental at?

And with so many thousands of units mushrooming here, price war will happen in the future.
Fat3Twister
post Feb 27 2018, 11:52 AM

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QUOTE(bigman @ Feb 27 2018, 11:36 AM)
how about gigantic HTC?

will be too close to the building?
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The HTC is below facilities podium. The car park is built at 3.3m hgt instead of the normal 2.7m for that purpose.
The distance from the boundary of the land is 3x meter. From the residential block to the HTC should be 60-70m
Jagalat
post Feb 27 2018, 12:16 PM

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QUOTE(Fat3Twister @ Feb 27 2018, 12:52 PM)
The HTC is below facilities podium. The car park is built at 3.3m hgt instead of the normal 2.7m for that purpose.
The distance from the boundary of the land is 3x meter. From the residential block to the HTC should be 60-70m
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This 60-70m distance is really stone throw close by....
I guess the units facing HTC will have relatively lower price than other facing(and rental too)....
Jagalat
post Feb 27 2018, 12:28 PM

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QUOTE(AskarPerang @ Feb 27 2018, 12:45 PM)
1700 is unrealistic.
Can take Maxim Residence as benchmark. 8xxsqft 2 bedrooms also rental at RM1100 - RM1400 partial furnish currently.
So direct link to MRT but smaller size 650sqft can fetch rental at?

And with so many thousands of units mushrooming here, price war will happen in the future.
*
Back in 2012/13, ppl are willing to get a unit around this area for rental play, knowing the MRT factor. Back then, there were not that many high density highrise around. Ppl are talking too many shopping complexs / malls around. Today, ppl are talking so many projects along Jln Cheras...

Tougher price war ahead for sure, since dewa banda KL approved so many high volume (in k) projects for the past few years, along this road. This is like playing mahjong to "jit-wu" at KL side. One effect could be, highrise in Segor side will fetch even lower, in general....

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