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

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keneeth111
post Mar 15 2018, 12:31 AM

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QUOTE(BEANCOUNTER @ Mar 13 2018, 03:34 PM)
No matter what you think...its just too early to think positively.

With thousand more supplies coming up even before this amber...yr mrt link cant save people pocket.

Cheras tenancy is not the wealthy nor deep pocket type.

1k is bigger than bull wheel cart.
2k is harder to fish than arawa.

Ekocheras got mall got mrt link got shops nearby.
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Annex
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1) Annex RM360K to RM370K for 637 sf - layout not practical and odd shapes. This is already the price of Aster Residence pricing with proper direct link to MRT.

2) Total small size units for 592sf and 637sf about 50-60 units only.

3) Now annex still unable to crossover to MRT station because it’s separated by 4 lanes busy traffic. Therefore, walkability to mrt Station is still in doubt.

4) Plus, annex is to be completed built on top of shop offices where the occupancy very low. When occupancy rate is low, there ll be tendency of attracting very low quality tenants like snooker, massage center, Karaoke and etc. Thus, it would post safety issues.

5) Unlike Aster Residence, it’s full resi without retail downstairs. Hence, better privacy and security.

6) Limited basic facilities for Annex, plus they can directly bill you 20% because the foundation is already done when signing spa.

Maxim Residence
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1) Maxim Residence - 619sf but only 1 bedder priced launched from RM362K at 3-4 years ago.....2 bedders 825 sf was priced at RM4xxK (source: https://www.propsocial.my/property/5856/che...xim-residences) and still not walkable to MRT station despite having bridge link to Cheras Sentral Point

Maxim Majestic
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1) It has too many supplies internally, almost not possible (at the moment) and far to walk to MRT station without link bridge as it’s separated by 4 lanes busy traffic unless you wanna kena knock down by cars.

EkoCheras
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1) No doubt EkoCheras perhaps would be one of the successful integrated project with shopping mall, office and serviced apartments at good location. But density is not low either also with total units 1,881 units. But the pricing isn't cheap though about 3 to 4 years back i.e. from RM516K to RM1,247K for 595sf to 1,328sf.
(Source: https://www.propsocial.my/property/5242/cheras/ekocheras)

2) With 5xxK during 3-4 years back, most probably you could get a landed at Cheras area jor.....

3) How much to rent when you're entering at 5xxK for 1 bedder/2 bedders units........

Propcafe has been aggressively promoting by posting few number of review for EkoCheras itself......

Strength of Amber's project:-
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1) Strongest selling point - Direct link bridge to MRT/Shopping Mall with Cinema.

2) Reasonable pricing from 368K for 650sf 2 bedders with total about 4XX units (2 bedders).

3) With gradual increase MRT ridership in 4 years down the road, this MRT direct link project should be able easily absorbed into market...........


My worthless 2 cents........

This post has been edited by keneeth111: Mar 15 2018, 12:34 AM
keneeth111
post Mar 18 2018, 07:31 AM

On my way
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QUOTE(BEANCOUNTER @ Mar 17 2018, 12:27 PM)
gov build mrt/lrt all the times.....

mrt2 and 3
LRT3
Tram....

expecting more TOD projects to come.
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Yes, more TOD projects on the way but whether ll the developers price reasonably/affordably or not, that’s another story 🤐

This post has been edited by keneeth111: Mar 18 2018, 07:32 AM
keneeth111
post Mar 31 2018, 11:18 PM

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QUOTE(cutealex @ Mar 31 2018, 09:43 PM)
Are u sure only 30% taken up rate wink.gif
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Alex kor, can share your witness?
keneeth111
post Apr 8 2018, 11:40 PM

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QUOTE(AskarPerang @ Apr 8 2018, 06:15 PM)
The above calculation did not include The Annex Phase 2. Minimum 2000+ units to add in more making total in that area will have 6000 plus units in the future. Pics as below:

user posted image

user posted image

Aster Residence is leasehold, slightly more expensive psf, and nearby HTC.
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AskarPerang,

PSF wise of smaller size units at Annex is more expensive than Aster la.....

Annex 1 - layout not practical and odd shapes

For 637sf one, it was being priced at rm360K to 370K. This is already the price of Aster Residence pricing with proper direct link.

Now annex still unable to crossover to mrt because it’s separated by 4 lanes busy traffic. Therefore, Walkability to mrt Station is still in doubt.

Plus, annex is to be completed built on top of shop offices where the occupancy very low. When occupancy rate is low, they ll attract very low quality tenants like snooker, massage center, Karaoke and etc. thus, it affect safety issue.

Unlike Aster Residence, it’s full resi without retail downstairs. Hence, better privacy and security.

Limited basic facilities for annex, plus they can directly bill you 20% because the foundation is already done when signing spa.
keneeth111
post Apr 14 2018, 10:26 PM

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QUOTE(tongyk @ Apr 14 2018, 08:10 PM)
good opinion, the reason i purchased mm over aster simply because cheaper, more convenience access to econsave and also accessible to MRT station with pedestrian bridge.

My goal is clear as it's only for investment. This is what I guess most tenant prefer.

For Aster, it offered different kind of market and its flexibility to switch to one another.
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pedestrian bridge?

confirmed or proposed??

can show in pics?

Btw, I've verified with MM agent that the pedestrian bridge from MM to Cheras Sentral Mall is not approved/confirmed yet.......

correct me if my source is not correct....


keneeth111
post Apr 19 2018, 11:45 PM

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QUOTE(HomeVess Pro @ Apr 19 2018, 10:06 PM)
Get to know another MRT Project coming up in Cheras, Freehold with less than 20m linked bridge to MRT Station.
awaiting for the insider news as might preview in May 2018.
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HomeVess Pro new member just joined in Apr 2018 with your this virgin post here...... thumbup.gif thumbup.gif
keneeth111
post May 14 2018, 11:47 PM

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IMO, its a great move by PH gov to restudy and monitor the mushrooming approval of dbkl projects....... thumbup.gif

This post has been edited by keneeth111: May 15 2018, 02:56 AM
keneeth111
post Jul 15 2018, 01:30 PM

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QUOTE(W.ROOK @ Jul 14 2018, 02:08 PM)
Beside privacy it also represents the most safest way to commute using MRT. No Rain or shine and totally eliminate the risk of mugging.
Personally I think there are many wanna be TOD projects out there but this one is the real deal. brows.gif
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berapa units did u sapu?! brows.gif

 

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