lets me share a secret with you.

to get max return, you need to be innovative and get your hand dirty, if making money is your end objective.

if you just want to get a unit as it is from developer, and hope your unit has superb returns compared to the rest in the same building or nearby buildings, it wont happen.

that's all I can share now.

Hand dirty? Please2 do share with me. I'm eager to learn and be better. That is my objective now. The Putra residence that I discussed with you was for own stay. Now looking for investment.

Any inputs is this project worth to invest?

I have let go my unit. From what I read everywhere. It's more for students only. There's Menara raja wali which not doing quite good as well. The houses nearby available for renting. Only one college now. One more shifted. Property bubble gonna burst. Etc. The rest is up to you.

Let go means? Any $$ involved?

I already posted earlier of your conundrum.

the risk of buying something with sole purpose of targeting students in a commercial area, not dedicated university area.

honestly the location of this project is ok but lack of layout varieties. Yes even the developer is targeting students, which prove that the developer also got tunnel vision.

Can the developer still change the layout of the soho?
Since everyone's saying the thing only suit student...
btw anyone have the chart of remaining unit for this project?

You are comparing a severely priced high end luxury serviced apartment to a avg 700psf SOHO designed for student, 2 different category.

Lot 15 upright advertised them self as "Luxuries of vacation at home"... not even affordable luxury, just straight up calling them self "Premium residence"

Grand ss15 don't even dare to call them self as affordable luxury but just focusing on "student accommodation" type of theme.

So.. by better in what sense? Location? Quality? cause if it is the latter, I think it is a no brainier.




This post has been edited by holypredator: Aug 18 2018, 11:24 PM

Quality would be some for me. Location grand Ss15. At that point of time, I was asking based on investment.

DP

This post has been edited by teen08: Aug 19 2018, 03:16 AM

You mean the booking fees of RM1250? They don't refund ka?

Quality
If you want to talk about Quality, Grand SS15 is nowhere near luxury as compared to Lot 15. Lot 15 is a gated community with 3 tier security system while Grand SS15 is just a standard SOHO/Condo like the one right next to Inti. The flooring of the units already tells you what to expect since Grand SS15 uses Vinyl flooring (cheap plastic) as opposed to SS15 Engineered wood (The closest thing you can get to real wood).

From best quality and most expensive to the cheapest :
Hardwood > Engineered Wood > Laminated Wood > Vinyl

Basically, you get where I am going with this in terms of quality.

Location
In terms of transportation, Lot 15 is slightly nearer in terms of walking distance to the LRT and the KTM is an additional plus side so Lot 15 is still better if you want to talk about transit issue.
In terms of amenities, Lot 15 is closer to 3 malls, a park and a hospital (all within less than 1km walk) whereas Grand SS15 is closer to university and a bunch of shop lots, depending on your own opinion but I would say lot 15 again reign superior in terms of amenities.
In terms of traffic, Grand SS15 is of course more dense with constant traffic jam around that area especially during peak hours like lunch/dinner time and to top it all off, the round about that leads to sunway/summit will always be jam and it gets worse during peak hours. Lot 15 is a better choice if coming out to the federal highway is your main issue.

Investment
This is very subjective, you can't know for sure until real facts comes in but in my point of view, Lot 15 is better in terms of investment for both own stay and rental. Lot 15 is a premium residence, they are distinct in SS16 in terms of specification compared to the nearby Casa Tiara and Subang Avenue. They are more likely to have less competition if they are targeting doctors/expat etc. since it is near the hospital and also walking distance to UOA business park. Grand SS15 however faces numerous competition with 1 being a similar spec condo RIGHT in front of it (which I see having difficulty renting out for many units since many banners constantly being hung out). On top of that, Taylors university, which is the major uni in that location has been shifted out hence competition of rental is even tougher unless the taylors business school and main campus is reoccupied by another university.

Future development
There are potential for both in terms of development, however Lot 15 area is definitely far superior with Sime considering TOD for SS16 with plans to build a mall and soho just right in front of SS16. If Sime were to end up building high end serviced apartment spec like lot 15 infront on that 2 plot of land or even any condo/serviced apartment, then I guess it won't be favorable for Lot 15.

Grand SS15 while it seems that there aren't any land or developments that are feasible around that area anytime soon, the taylors main campus might be a game changer depending on what they end up building there. If it is taken over by another uni, rental demand would increase. If it is a commercial/retail, the good is Grand SS15 residence will have more choices in commercial but the bad is the already congested area will be even worse. If it is another serviced apartment/condo project, well lets just say that area can't afford anymore condo/serviced residence.

Source :
http://propcafe.net/the-grand-ss15-subang-jaya/

Is lot 15 near HTC?

In front of Pencawang Pembahagian Utama (PPU) and HTC, very good location

This post has been edited by newsongfashion: Oct 3 2018, 05:24 PM

There is also no external agent for The Grand SS15. Expected there's lesser good report about the project if compare to others

This post has been edited by newsongfashion: Oct 3 2018, 05:27 PM

Mmm good info all around here.

I was eyeing this project and my take is:

Can my rental yield pay my loan? (pandai pandai calculate the loan repayment)
If economy jatuh or one of these colleges shift(like taylors did), can I adjust my rental againts others who are also renting from house/shoplot/myplace?
How much will this place appreciate, is there something new coming to boost its value?

Anyone gonna stay there? I actually like ss15, but for own stay seems mahal.

You got the powa.....

Huat ah

Own stay not mahal

BUT

layout is strictly for students only.

not really, can also for own stay or working adults

I'm still not sure why is it a concern. If you talk about appeal, that is one of the better modern looking substation I've ever seen. If you talk about distance, while it is not desirable that it is just across the street, the HTC is actually far enough to be a nuisance to the eye.

Overall of course it is not definitely not something positive for Lot 15 but it doesn't seem like a big issue that anyone should be concern about unless it is like this

sorry but what do you mean/.?