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Investment THE GOODWOOD RESIDENCE @ BANGSAR SOUTH, The Living Resort of Bangsar South

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TSaccetera
post Sep 27 2018, 08:58 PM, updated 8y ago

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By UOA Development.

***

Need clearance for info:

First part:
Two blocks
Serviced apartments
Tower A: 546 units
Tower B: 420 units
Sizes: 940 sf (3BR) to 1,918 sf (5+1BR)
(1,175 sf type is 4 bedder)

The behind land of The Park Residences.

First two towers part of proposed 8 blocks series
Proposed total 3523 units

This post has been edited by accetera: Sep 27 2018, 10:04 PM
BEANCOUNTER
post Sep 27 2018, 09:04 PM

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The living resort in msc center?????

Stay in bs got car driving curfew de...

Btw 5 to 8pm cannot come home.

Btw 8 - 10am cannot leave home.

This post has been edited by BEANCOUNTER: Sep 27 2018, 09:06 PM
nexona88
post Sep 27 2018, 09:07 PM

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Parking 😎
gks
post Sep 27 2018, 09:11 PM

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https://m.facebook.com/story.php?story_fbid...167813966699572

Layout and location
BEANCOUNTER
post Sep 27 2018, 09:12 PM

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Pat kor so kiamsiap.....

Got liu also not sharing.
propertybbb
post Sep 27 2018, 09:19 PM

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QUOTE(BEANCOUNTER @ Sep 27 2018, 10:12 PM)
Pat kor so kiamsiap.....

Got liu also not sharing.
*
He shared header only to claim the thread started by him kakaka n "belong" to him 😬. But no information given or share. 😹 Anyway nowadays PTML also a prop agency..no many update on juicy new develpments anymore unlike last time...nowadays give customers first, followers later or man man dang lo. Time to quit their FB group kekeke.

This post has been edited by propertybbb: Sep 27 2018, 09:26 PM
gks
post Sep 27 2018, 09:23 PM

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Imo... Moderator should impose some rules la if want to start a thread... I also know alot of upcoming projects but not bother to start a thread unless with sufficient info at least exact location, developer etc
ManutdGiggs
post Sep 27 2018, 09:49 PM

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Most important thg in life is ai pia jia eh nya

Die die oso must b ts. Why not when mods r mostly bias n sleeping.

Toking bout sharing. Most info shared r fr forumers la. Ts just grab some here n there to sell to buyers nia.

Kudos to forumers.
TSaccetera
post Sep 27 2018, 09:58 PM

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Need clearance for info:

First part:
Two blocks
Serviced apartments
Tower A: 546 units
Tower B: 420 units
Sizes: 940 sf (3BR) to 1,918 sf (5+1BR)
(1,175 sf type is 4 bedder)

The behind land of The Park Residences.

First two towers part of proposed 8 blocks series
Proposed total 3523 units


(My Minions.TV whatsapp got approx. 521 new upcoming project info across klang valley accross 331 developers)

This post has been edited by accetera: Sep 27 2018, 10:00 PM
StarPrimo
post Sep 27 2018, 10:04 PM

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High density with 8 blocks.
PPbee123
post Sep 27 2018, 10:34 PM

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What’s the price for 3 bedder?
raw7118
post Sep 28 2018, 02:30 PM

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bangwall.gif bangwall.gif bangwall.gif

3.5k units...
Win Win Inspiration
post Sep 28 2018, 02:32 PM

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QUOTE(accetera @ Sep 27 2018, 08:58 PM)
By UOA Development.

***

Need clearance for info:

First part:
Two blocks
Serviced apartments
Tower A: 546 units
Tower B: 420 units
Sizes: 940 sf (3BR) to 1,918 sf (5+1BR)
(1,175 sf type is 4 bedder)

The behind land of The Park Residences.

First two towers part of proposed 8 blocks series
Proposed total 3523 units
*
Freehold or Leasehold?

Win Win Inspiration
post Sep 28 2018, 02:32 PM

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Parking.
jiunhow
post Sep 28 2018, 02:39 PM

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parking again
HMMaster
post Sep 28 2018, 03:09 PM

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Any idea how much the psf? LH?
aaron1717
post Sep 28 2018, 03:11 PM

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QUOTE(HMMaster @ Sep 28 2018, 03:09 PM)
Any idea how much the psf? LH?
*
the park LH... this one most probably kenot lari from LH.... could be more than 900psf i think....
rastablank
post Sep 28 2018, 03:18 PM

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3.5K units, phiewww sweat.gif
BEANCOUNTER
post Sep 28 2018, 03:34 PM

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Less than 900psf.....rumour nia...

Best wait for official statenent....

Seriously dunno what to make of this.....

Not walkable to lrt, stuck in the middle of heavy jam area, family size, parklane style BS in terms of numbers of units......

Catch no balls.
gks
post Sep 28 2018, 04:03 PM

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Bangsar wannabe mah...
gks
post Sep 28 2018, 04:05 PM

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QUOTE(BEANCOUNTER @ Sep 28 2018, 03:34 PM)
Less than 900psf.....rumour nia...

Best wait for official statenent....

Seriously dunno what to make of this.....

Not walkable to lrt, stuck in the middle of heavy jam area, family size, parklane style BS in terms of numbers of units......

Catch no balls.
*
It is walkable.. Probably about 700m. Problem is the uphill walk from LRT towards Park Residences.
DesRed
post Sep 28 2018, 06:45 PM

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QUOTE(gks @ Sep 28 2018, 04:05 PM)
It is walkable.. Probably about 700m. Problem is the uphill walk from LRT towards Park Residences.
*
I used Google Maps and apparently, its calculation of 1.1km involves walking around the Nexus. Looks possible to cut thru the Nexus coz I saw some stairs behind it.

But need to pass thru 1 or 2 busy intersections just to reach the University LRT station, tho. hmm.gif

As for the project itself, the way it is launched reminds me of Riana Dutamas. Also 3xxx units but divided into 3 phases where each phase of 2 blocks comes with its own facilities. But with 8 blocks, I wonder if it will be 4 phases, assuming that subsequent phases are 2 blocks each, including this project.

This post has been edited by DesRed: Sep 28 2018, 06:46 PM
W.ROOK
post Sep 29 2018, 12:27 PM

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Sounds like Deadwood Residence. brows.gif
W.ROOK
post Sep 29 2018, 12:31 PM

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QUOTE(accetera @ Sep 27 2018, 09:58 PM)
Need clearance for info:

First part:
Two blocks
Serviced apartments
Tower A: 546 units
Tower B: 420 units
Sizes: 940 sf (3BR) to 1,918 sf (5+1BR)
(1,175 sf type is 4 bedder)

The behind land of The Park Residences.

First two towers part of proposed 8 blocks series
Proposed total 3523 units
(My Minions.TV whatsapp got approx. 521 new upcoming project info across klang valley accross 331 developers)
*
shocking.gif
aaron1717
post Sep 29 2018, 12:51 PM

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QUOTE(W.ROOK @ Sep 29 2018, 12:31 PM)
shocking.gif
*
ready your pocket for next year already...? gt some good good stuff i think among the hundreds projects laugh.gif laugh.gif
W.ROOK
post Sep 29 2018, 01:08 PM

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QUOTE(aaron1717 @ Sep 29 2018, 12:51 PM)
ready your pocket for next year already...? gt some good good stuff i think among the hundreds projects  laugh.gif  laugh.gif
*
Oh yeah looking forward to it drool.gif
AskarPerang
post Oct 2 2018, 12:38 AM

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DesRed
post Oct 2 2018, 11:03 AM

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Just came back from visiting the UOA sales gallery last weekend. Its more of a special preview for UOA purchasers but the sales staff there was kind enough to give us a copy of the brochure.

With regards to public transport, according to her, there is a shuttle bus from The Nexus and residents/tenants residing nearby, including this project, can take it to the LRT KL Gateway/University or MidValley.

As for entry/exit points, there are 2, where the front is at the road behind The Nexus while the exit behind connects to the Pantai Hillpark side. I dy see heavy equipment and piling rigs and the land clearing/levelling have already started.

For the show units, it is currently under renovation on the 1st floor and will be available sometime in November. Only Type B and C will be available, tho. Actual pricing will only be announced on that day itself.
Maxccy
post Oct 2 2018, 11:35 AM

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damn..bangsar south need a plan to create more exit route..later end up scaring away all mnc business
Fattchoiburger
post Oct 2 2018, 02:40 PM

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QUOTE(HMMaster @ Sep 28 2018, 03:09 PM)
Any idea how much the psf? LH?
*
Should be around 800 to 1k for that area i guess
DesRed
post Oct 3 2018, 10:23 AM

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The land title is LH, fyi.

I dy registered at their Bangsar South sales gallery. Just waiting for sms/email updates from them. smile.gif
HMMaster
post Oct 3 2018, 12:10 PM

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QUOTE(DesRed @ Oct 3 2018, 10:23 AM)
The land title is LH, fyi.

I dy registered at their Bangsar South sales gallery. Just waiting for sms/email updates from them. smile.gif
*
Finally no more "last piece of FH land" in Bangsar South...? laugh.gif
DesRed
post Oct 3 2018, 01:25 PM

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QUOTE(HMMaster @ Oct 3 2018, 12:10 PM)
Finally no more "last piece of FH land" in Bangsar South...? laugh.gif
*
The sales staff there mentioned that when UOA acquired the area which is now Bangsar South, the majority of the plots are LH, with a few FH land scattered here and there.

Either way, LH/FH land is not a concern for me. tongue.gif
AskarPerang
post Nov 6 2018, 11:42 PM

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DesRed
post Nov 7 2018, 07:34 AM

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Its shape reminds me of Scenaria, but with a different facade.

marchome
post Dec 12 2018, 03:20 PM

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My guess will be below rm800 psf since all units are big sizes
DesRed
post Feb 6 2019, 09:58 PM

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Just to update on the render of the project when I happen to browse their website yesterday (link):

user posted image

The block's facade reminds me of Scenaria and Desa Green, though, but the facilities looks nice. Kinda like the facilities and landscaping for both aforementioned projects. Hopefully this will be good too. biggrin.gif

This post has been edited by DesRed: Feb 7 2019, 12:33 AM
BEANCOUNTER
post Feb 6 2019, 11:03 PM

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Big ass units in todays environment.

Good luck selling...


Bjorn1688
post Feb 7 2019, 04:19 AM

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This one is now Kerinchi or still BS?
BEANCOUNTER
post Feb 7 2019, 09:05 AM

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QUOTE(Bjorn1688 @ Feb 7 2019, 04:19 AM)
This one is now Kerinchi or still BS?
*
Still BS.
BS Is part of kg kerinchii as explained by member of parliment.
nexona88
post Feb 7 2019, 04:32 PM

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QUOTE(Bjorn1688 @ Feb 7 2019, 04:19 AM)
This one is now Kerinchi or still BS?
*
even if change.
UOA still would sell it as Bangsar South. No worries tongue.gif
"last FH in BS yo" brows.gif
BEANCOUNTER
post Feb 7 2019, 08:10 PM

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Goodwood is leasehold.
DesRed
post Feb 7 2019, 10:42 PM

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QUOTE(BEANCOUNTER @ Feb 7 2019, 08:10 PM)
Goodwood is leasehold.
*
Yeah, even the sales staff at the UOA BS gallery confirmed that to me when I was there around December.

Did make a call to that gallery before CNY and they have confirmed that the show units are already completed. Just that the launch is postponed to after CNY.

This post has been edited by DesRed: Feb 7 2019, 10:42 PM
gks
post Feb 8 2019, 12:15 AM

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QUOTE(DesRed @ Feb 7 2019, 10:42 PM)
Yeah, even the sales staff at the UOA BS gallery confirmed that to me when I was there around December.

Did make a call to that gallery before CNY and they have confirmed that the show units are already completed. Just that the launch is postponed to after CNY.
*
Did you check indication on price?
DesRed
post Feb 8 2019, 12:25 AM

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QUOTE(gks @ Feb 8 2019, 12:15 AM)
Did you check indication on price?
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The sales staff confirmed what AskarPerang linked to propcafe's fb page about this project in the previous page, which is RM 850/sf.

As for the maintenance fee, it's RM 0.40/sf, inclusive of sinking funds.

Why not just pay a visit to their sales gallery to enquire more? I'm sure its open by now.

This post has been edited by DesRed: Feb 8 2019, 12:33 AM
BEANCOUNTER
post Feb 8 2019, 09:28 AM

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Bangsar south will come to a saturated point in terms of pricing.

800 to 900psf seems to be the max price now for this area.
Jacky yong
post Mar 2 2019, 07:11 PM

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Any latest news for this development??
propertybbb
post Mar 3 2019, 11:54 PM

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QUOTE(DesRed @ Feb 8 2019, 01:25 AM)
The sales staff confirmed what AskarPerang linked to propcafe's fb page about this project in the previous page, which is RM 850/sf.

As for the maintenance fee, it's RM 0.40/sf, inclusive of sinking funds.

Why not just pay a visit to their sales gallery to enquire more? I'm sure its open by now.
*
850psf? Heard 7xxpsf up.
DesRed
post Mar 4 2019, 08:07 AM

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QUOTE(propertybbb @ Mar 3 2019, 11:54 PM)
850psf? Heard 7xxpsf up.
*
That one is old news.

The sales staff there mentioned that the maintenance fee is revised to RM 0.35/sf (inclusive of sinking fund) and the pricing after their 5% + 15% + 3% for some of their units hover at around 74x/sf or 73x/sf. I only looked at their 974sf, 1175sf and 1391sf units, tho.

Btw, just to add that the price is the same regardless of facing (North/South), and the price difference per floor is RM 1,000.00.

This post has been edited by DesRed: Mar 6 2019, 01:52 PM
corboylee
post Mar 7 2019, 06:35 PM

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QUOTE(DesRed @ Mar 4 2019, 08:07 AM)
That one is old news.

The sales staff there mentioned that the maintenance fee is revised to RM 0.35/sf (inclusive of sinking fund) and the pricing after their 5% + 15% + 3% for some of their units hover at around 74x/sf or 73x/sf. I only looked at their 974sf, 1175sf and 1391sf units, tho.

Btw, just to add that the price is the same regardless of facing (North/South), and the price difference per floor is RM 1,000.00.
*
looks like TheEstate is a better deal. is bigger and not so deep inside.. even if is jam.. it jam half the distance and it is near to LRT.. lol laugh.gif
BEANCOUNTER
post Mar 7 2019, 09:30 PM

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QUOTE(corboylee @ Mar 7 2019, 06:35 PM)
looks like TheEstate is a better deal. is bigger and not so deep inside.. even if is jam.. it jam half the distance and it is near to LRT.. lol laugh.gif
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Walk lah to lrt...still drive meh?
gks
post Mar 7 2019, 09:52 PM

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QUOTE(corboylee @ Mar 7 2019, 06:35 PM)
looks like TheEstate is a better deal. is bigger and not so deep inside.. even if is jam.. it jam half the distance and it is near to LRT.. lol laugh.gif
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The estate the built up is more than 2,300sqft... In fact not even apple to apple wirh Park residences

Not sure you are getting right comparison.

The closest offering comparison would be with Novum.
rookieKLMY
post Mar 8 2019, 08:51 AM

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Southview still has developer's units though. Freehold.
BEANCOUNTER
post Mar 8 2019, 10:49 AM

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QUOTE(rookieKLMY @ Mar 8 2019, 08:51 AM)
Southview still has developer's units though. Freehold.
*
south view better buy imo.

short walking distance to getaway, LRT
I like the carpark, for some reasons...….although no fancy lobby.....


DesRed
post Mar 8 2019, 11:26 AM

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QUOTE(BEANCOUNTER @ Mar 8 2019, 10:49 AM)
south view better buy imo.

short walking distance to getaway, LRT
I like the carpark, for some reasons...….although no fancy lobby.....
*
But you're wedged in between KL Gateway at the back and Invito + SouthLink to the front. Talk about seeing your neighbour 'in-your-face' regardless of which unit you bought/rented. And I recall that someone who's staying there posted at the Southview thread that the road noise from the Federal Highway is really loud.

Investors wouldn't care, and renters would have to suck it up if no choice, or choose somewhere else to rent altogether.
DesRed
post Mar 8 2019, 04:59 PM

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QUOTE(khairulNorzi @ Mar 8 2019, 04:36 PM)
Going to visit the showroom this week, who else is going?
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I already did a week ago.

But just for your info, the sales staff there will not allow you to take pictures as the project is not launched yet. Still, you can double-check with them when you're there.
corboylee
post Mar 11 2019, 03:06 PM

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why do they still want to build so many small units?
BEANCOUNTER
post Mar 11 2019, 04:25 PM

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QUOTE(corboylee @ Mar 11 2019, 03:06 PM)
why do they still want to build so many small units?
*
Goodwood smallest 9xxsq....

Where got small....
jordanseow
post Mar 13 2019, 12:04 PM

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Ask about loan for this project can dm me

This post has been edited by jordanseow: Mar 13 2019, 12:05 PM
niceman2009
post Mar 18 2019, 12:12 AM

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BEANCOUNTER
post Mar 18 2019, 10:34 AM

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Free form pools?

macam go back to the 80s design.

UOA projects, usually very basis and non existence common areas and facilities.
kitwk
post Mar 19 2019, 03:22 PM

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For souhtview , if you are on Block A its better , noise still bearable. Accessibility is good.

QUOTE(DesRed @ Mar 8 2019, 11:26 AM)
But you're wedged in between KL Gateway at the back and Invito + SouthLink to the front. Talk about seeing your neighbour 'in-your-face' regardless of which unit you bought/rented. And I recall that someone who's staying there posted at the Southview thread that the road noise from the Federal Highway is really loud.

Investors wouldn't care, and renters would have to suck it up if no choice, or choose somewhere else to rent altogether.
*
BukitKing222
post Mar 20 2019, 12:25 PM

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Very nice facilities.
corboylee
post Apr 3 2019, 06:53 PM

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got such a big land? or the facilities is on the rooftop?
DesRed
post Apr 3 2019, 11:40 PM

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QUOTE(corboylee @ Apr 3 2019, 06:53 PM)
got such a big land? or the facilities is on the rooftop?
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All the facilities are on the ground floor. The carparks floors below it are considered as basement level dy.

If you want a closest match to this project, you can look no further than Scenaria @ North Kiara, which was completed 3 years back. You can tell that they share the same design language, sans the unit layouts.
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post Apr 8 2019, 10:40 AM

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QUOTE(rookieKLMY @ Mar 8 2019, 08:51 AM)
Southview still has developer's units though. Freehold.
*

Please pm the price and unit no. Got a friend who interested.
shi shi
post Aug 11 2019, 09:13 PM

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Location wise seems good. Any further update on the sales and prices?
BEANCOUNTER
post Aug 13 2019, 10:06 PM

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QUOTE(shi shi @ Aug 11 2019, 09:13 PM)
Location wise seems good. Any further update on the sales and prices?
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Mind sharing why location is good in terms of bangsar south?
marchome
post Aug 14 2019, 11:22 AM

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shi shi
post Aug 14 2019, 08:09 PM

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QUOTE(BEANCOUNTER @ Aug 13 2019, 10:06 PM)
Mind sharing why location is good in terms of bangsar south?
*
U just Google Bangsar South, I will know the answer. tongue.gif Very centralized location.
This project is walking distance to Nexus, the Sphere, medical centres, hotels etc.
BEANCOUNTER
post Aug 15 2019, 01:26 AM

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QUOTE(shi shi @ Aug 14 2019, 08:09 PM)
U just Google Bangsar South, I will know the answer. tongue.gif Very centralized location.
This project is walking distance to Nexus, the Sphere, medical centres, hotels etc.
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How often do you take advantage of the walking distance to medical center hotel nexus and the sphere?

Wat do you want to do in these places????

You are stuck in the middle of heavy traffic jam almost every working day during peak hours.
shi shi
post Aug 15 2019, 02:13 PM

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QUOTE(BEANCOUNTER @ Aug 15 2019, 01:26 AM)
How often do you take advantage of the walking distance to medical center hotel nexus and the sphere?

Wat do you want to do in these places????

You are stuck in the middle of heavy traffic jam almost every working day during peak hours.
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Ha! Ha! It all depends on your lifestyle. In term of traffic jam, which part of KL is free from heavy traffic? Mont Kiara, jam; Desa Park City, jam; Cheras, jam; Subang Jaya, jam. How?
BEANCOUNTER
post Aug 15 2019, 02:48 PM

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QUOTE(shi shi @ Aug 15 2019, 02:13 PM)
Ha! Ha! It all depends on your lifestyle. In term of traffic jam, which part of KL is free from heavy traffic? Mont Kiara, jam; Desa Park City, jam; Cheras, jam; Subang Jaya, jam. How?
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If you want a place where btw 7 to 9am and 5 to 8pm yiou cant leave home or go back home then location of this project is Michigan.
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post Aug 15 2019, 04:33 PM

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QUOTE(BEANCOUNTER @ Aug 15 2019, 02:48 PM)
If you want a place where btw 7 to 9am and 5 to 8pm yiou cant leave home or go back home then location of this project is Michigan.
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Hi Beancounter. New to BS, is there an official curfew for cars during the hours? Or it is just simply very bad jam?
naqib0307
post Aug 15 2019, 04:41 PM

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QUOTE(shi shi @ Aug 15 2019, 02:13 PM)
Ha! Ha! It all depends on your lifestyle. In term of traffic jam, which part of KL is free from heavy traffic? Mont Kiara, jam; Desa Park City, jam; Cheras, jam; Subang Jaya, jam. How?
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BEANCOUNTER
post Aug 15 2019, 07:05 PM

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QUOTE(Earthman @ Aug 15 2019, 04:33 PM)
Hi Beancounter. New to BS, is there an official curfew for cars during the hours? Or it is just simply very bad jam?
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No curfew lah..
Just very bad jam from all roads enter or exit bs as general.
Dont know abt now, perhaps ppl working there can comment.
Jam usually starting from your building car park exit.

Maybe there are the cause of on going construction.
Earthman
post Aug 15 2019, 08:20 PM

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QUOTE(BEANCOUNTER @ Aug 15 2019, 07:05 PM)
No curfew lah..
Just very bad jam from all roads enter or exit bs as general.
Dont know abt now, perhaps ppl working there can comment.
Jam usually starting from your building car park exit.

Maybe there are the cause of on going construction.
*
I see. Thanks for the clarification.
shi shi
post Aug 16 2019, 04:07 PM

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QUOTE(BEANCOUNTER @ Aug 15 2019, 01:26 AM)
How often do you take advantage of the walking distance to medical center hotel nexus and the sphere?

Wat do you want to do in these places????

You are stuck in the middle of heavy traffic jam almost every working day during peak hours.
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Wish me good luck. I paid 5k and booked a unit. Little bit uncomfortable due to the leased hold title.
jo8981
post Aug 16 2019, 06:43 PM

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QUOTE(shi shi @ Aug 16 2019, 04:07 PM)
Wish me good luck. I paid 5k and booked a unit. Little bit uncomfortable due to the leased hold title.
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Good luck bro.... I'd be more concerned about the amount of units rather than the leasehold title. Total 3000+ if not mistaken...
MrBlackie33
post Aug 16 2019, 08:11 PM

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QUOTE(shi shi @ Aug 16 2019, 04:07 PM)
Wish me good luck. I paid 5k and booked a unit. Little bit uncomfortable due to the leased hold title.
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now only realized goodwood is leasehold, why is this leasehold while most of the bangsar south condo is freehold?
shi shi
post Aug 16 2019, 09:06 PM

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QUOTE(jo8981 @ Aug 16 2019, 06:43 PM)
Good luck bro.... I'd be more concerned about the amount of units rather than the leasehold title. Total 3000+ if not mistaken...
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There are only two towers (both are about 40 floors) in GR, so the total units will not reach 3000+. Maybe this figure includes the subsequent phases?
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post Aug 17 2019, 10:50 PM

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QUOTE(MrBlackie33 @ Aug 16 2019, 08:11 PM)
now only realized goodwood is leasehold, why is this leasehold while most of the bangsar south condo is freehold?
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I think there are few leasehold... (The Park, Camilia, KL Gateway, etc) especially the part where goodwood located.
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post Aug 17 2019, 10:57 PM

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QUOTE(HMMaster @ Aug 17 2019, 10:50 PM)
I think there are few leasehold... (The Park, Camilia, KL Gateway, etc) especially the part where goodwood located.
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Not few lah...

The entire kg kerinchi is LEASEHOLD saved for the strip parellel to rtm.....

That strip of land wasnt the original bangsar south also.

Thats why only southview southlink the next 2 plots and the plot next to surau are freehold
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post Aug 17 2019, 10:59 PM

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QUOTE(shi shi @ Aug 16 2019, 04:07 PM)
Wish me good luck. I paid 5k and booked a unit. Little bit uncomfortable due to the leased hold title.
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I will only consider southview in bangsar south bcos its freehold, easy walk to the mall and lrt station and easy access to highway in the future.
jo8981
post Aug 19 2019, 11:14 AM

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QUOTE(shi shi @ Aug 16 2019, 09:06 PM)
There are only two towers (both are about  40 floors) in GR, so the total units will not reach 3000+. Maybe this figure includes the subsequent phases?
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Ya of course have to factor in subsequent phases right.. have to live with the construction for so many years hmm.gif
corboylee
post Sep 7 2019, 09:35 PM

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QUOTE(BEANCOUNTER @ Aug 17 2019, 10:57 PM)
Not few lah...

The entire kg kerinchi is LEASEHOLD saved for the strip parellel to rtm.....

That strip of land wasnt the original bangsar south also.

Thats why only southview southlink the next 2 plots and the plot next to surau are freehold
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the estate is freehold
pinnacle999
post Sep 7 2019, 09:39 PM

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Last residential in Bangsar South by UOA? Location good. Jalan Kerinchi super jam lo
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post Sep 26 2019, 10:19 PM

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QUOTE(shi shi @ Aug 16 2019, 04:07 PM)
Wish me good luck. I paid 5k and booked a unit. Little bit uncomfortable due to the leased hold title.
*
Which layout you're taking?
I'm eyeing on this also, living at camellia atm.


pinnacle999
post Sep 27 2019, 12:39 AM

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Looks like not many into this project...
shi shi
post Sep 27 2019, 04:46 PM

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QUOTE(KiNd3rbU3no @ Sep 26 2019, 10:19 PM)
Which layout you're taking?
I'm eyeing on this also, living at camellia atm.
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I took the 4 room type, pool facing.
DesRed
post Sep 27 2019, 09:54 PM

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QUOTE(pinnacle999 @ Sep 27 2019, 12:39 AM)
Looks like not many into this project...
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Smallest unit at 974sf is already priced at RM 7xxk (after rebates) during the preview.

If the pricing is much lower than that, then I wouldn't be surprised at the higher take up rate.

Speaking of which, I wonder how's the take up rate from the preview until now. hmm.gif

This post has been edited by DesRed: Sep 27 2019, 09:55 PM
pinnacle999
post Sep 28 2019, 10:35 AM

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QUOTE(DesRed @ Sep 27 2019, 09:54 PM)
Smallest unit at 974sf is already priced at RM 7xxk (after rebates) during the preview.

If the pricing is much lower than that, then I wouldn't be surprised at the higher take up rate.

Speaking of which, I wonder how's the take up rate from the preview until now. hmm.gif
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I think bangsar south location will be unlikely to drop below 6xx psf.

But this conso is not really within walking distance to university Lrt Station?
DesRed
post Sep 29 2019, 09:28 AM

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QUOTE(pinnacle999 @ Sep 28 2019, 10:35 AM)
I think bangsar south location will be unlikely to drop below 6xx psf.

But this conso is not really within walking distance to university Lrt Station?
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500m - 600m the last I checked. It's walkable with proper pathways, but you'll pass by the PPR next to the LRT station along the way there.

But there is already an existing shuttle bus which will bring you straight to the LRT station from the Nexus. You can use that if you want.

This post has been edited by DesRed: Sep 29 2019, 09:29 AM
pinnacle999
post Sep 29 2019, 12:43 PM

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QUOTE(DesRed @ Sep 29 2019, 09:28 AM)
500m - 600m the last I checked. It's walkable with proper pathways, but you'll pass by the PPR next to the LRT station along the way there.

But there is already an existing shuttle bus which will bring you straight to the LRT station from the Nexus. You can use that if you want.
*
Good! Hope there will be a sheltered walkway to lrt.
And mrt circle line seems dead...
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post Oct 1 2019, 03:53 PM

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QUOTE(DesRed @ Sep 29 2019, 09:28 AM)
500m - 600m the last I checked. It's walkable with proper pathways, but you'll pass by the PPR next to the LRT station along the way there.

But there is already an existing shuttle bus which will bring you straight to the LRT station from the Nexus. You can use that if you want.
*
500m to 600m no way lah bro.

from the pantai station via linked bridge over fedwhy to the office block already 350m.
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post Oct 11 2019, 01:47 PM

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QUOTE(shi shi @ Aug 11 2019, 09:13 PM)
Location wise seems good. Any further update on the sales and prices?
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Yeah, this project sitting at the center or rather border of Bangsar South and Pantai Hillpark. Traffic accessible from front and back of its building. Looks very good to me. Starting from RM 750k for smallest unit, which is about RM 773psf for 3 Rooms leh.... I think is good price la because a nearby studio unit also above RM 1,171psf.
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post Oct 11 2019, 02:11 PM

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QUOTE(pinnacle999 @ Sep 29 2019, 12:43 PM)
Good! Hope there will be a sheltered walkway to lrt.
And mrt circle line seems dead...
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As far as UOA property is concern, they have built the linked bridge connected all the way to Kerinichi station, though the nearest is Universiti. This is just to show the cost vs benefits discussion probably broke down between the nearest property developer of Universiti Station and this developer. Good for UOA property buyers can be certain that when they walk of their living space, to go to cafe, restaurants, hypermarkets and even public transport, will be sheltered. I think is kind a nice about that.
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post Oct 11 2019, 02:20 PM

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QUOTE(pinnacle999 @ Sep 28 2019, 10:35 AM)
I think bangsar south location will be unlikely to drop below 6xx psf.

But this conso is not really within walking distance to university Lrt Station?
*
I saw a few developers in this area already using MM2H programme to market to oversea buyers lo... Bangsar South is in the Federal territory which the minimum threshold is just RM 1mil compared to Selangor which is at least RM 2mil. Oh, just a stone throw away is not too far to cross over to Selangor too. And I can see the atmosphere around those offices are quite a mixed with foreigners and locals... expats in the IT industry. The target market of the developers is quite clear to me la... I do really favor this project as an investment vehicle lo... a innovation hub for tech companies... and not to mention O&G is facing headwinds for a couple of years now... those rental in KLCC area is suffering and depressing too. Bangsar South properties for rental are still very very good... but i think must have strategy in the selection also.
pinnacle999
post Oct 11 2019, 07:51 PM

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QUOTE(TwelveStones @ Oct 11 2019, 02:11 PM)
As far as UOA property is concern, they have built the linked bridge connected all the way to Kerinichi station, though the nearest is Universiti. This is just to show the cost vs benefits discussion probably broke down between the nearest property developer of Universiti  Station and this developer. Good for UOA property buyers can be certain that when they walk of their living space, to go to cafe, restaurants, hypermarkets and even public transport, will be sheltered. I think is kind a nice about that.
*
So there is covered walkway from Goodwood to Kerinchi LRT.just that it will probably take 15min walking?
DesRed
post Oct 11 2019, 08:08 PM

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QUOTE(pinnacle999 @ Oct 11 2019, 07:51 PM)
So there is covered walkway from Goodwood to Kerinchi LRT.just that it will probably take 15min walking?
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A really long walk through those myriad of covered walkways connecting the Nexus, Vertical and Sphere, plus that uncovered portion through the cluster of buildings towards the Kerinchi station walkway and into the station itself. Very good workout if you ask me.

Unless you want to save that extra few cents by one less station, I'd still rather walk to the KL Gateway station which is much closer from the Nexus.

This post has been edited by DesRed: Oct 11 2019, 08:31 PM
rookieKLMY
post Oct 12 2019, 12:24 PM

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Cheap units still available. Size starting from 9xx sf onwards.
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post Oct 12 2019, 03:48 PM

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QUOTE(pinnacle999 @ Oct 11 2019, 07:51 PM)
So there is covered walkway from Goodwood to Kerinchi LRT.just that it will probably take 15min walking?
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10 to 15 mins, buying a cup of coffee on the way to Kerinchi Station. Hahaha... Oh yes, I am doing a live video for introducing this entire township that includes UOA, IJM and some boutique developers around this South Bangsar area. I am a property agent and also has invested a unit in this Bangsar South. Personally, also operate a homestay. So I do know what is the real potential earnings and actual rental market. I would say that during raining time and safety reason, the covered walkway leading all the way to the owner stay building is much preferred la. I think the psychology of Malaysian feeling protected within a covered space is the way to go like those MRCB properties in KL Sentral, walking through NuSentral to reach down to Brick fields.
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post Oct 12 2019, 04:00 PM

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This Goodwood Residence was just officially launched in first half 2019. The price is still fresh for early bird entries. A group of investors are being gathered now. Oh for the sake of records, yesterday gomen just announced the threshold of high rise purchase price for foreigner is lowered to RM 600,000. Goodwood Residences lowest price for 3 Rooms family size is well within this price and it is in Kuala Lumpur Urban territory o.... Well positioned and perfect for the MNC expats to chip in. My company has MM2H application and processing service too. Close to 100% approval rate and top 50 in the world.
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post Oct 12 2019, 06:09 PM

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The starting price of Goodwood Residence I have checked is from RM 700k onwards. And which is quite attractive and competitive given the layout is 3 Rooms and 2 baths.... Per square feet is only RM 750 and onwards. This are just info... Best is with strategic idea to invest.
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post Oct 14 2019, 04:50 PM

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The accessibility of Goodwood Residence sitting in between Kerinchi and Pantai Hillpark roads. Front and back also can access into the building. Refer to the pictures I took. There is also a boutique developer around the corner of IJM Land developing around RM 500psf property for 2 -3 Bedrooms layout. Just next to NPE.


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TwelveStones P
post Oct 24 2019, 10:58 AM

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Anyone here if you have friends and relatives interested in Goodwood Residences, can message please. I will be able to give you some good package and referral fees too.
theballer
post Oct 27 2019, 12:03 PM

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How many units in this development?
TwelveStones P
post Oct 30 2019, 11:44 PM

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QUOTE(theballer @ Oct 27 2019, 12:03 PM)
How many units in this development?
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Total Units on Goodwood Residences are 678 units. One Block only.
theballer
post Oct 30 2019, 11:58 PM

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QUOTE(TwelveStones @ Oct 30 2019, 11:44 PM)
Total Units on Goodwood Residences are 678 units. One Block only.
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Ahh right ok thanks
Yhong17
post Apr 3 2020, 09:10 PM

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Any further update on the sales and prices? i got a friend interested. Whats the smallest unit built up and price starting from?

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post Apr 5 2020, 08:01 PM

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QUOTE(Yhong17 @ Apr 3 2020, 09:10 PM)
Any further update on the sales and prices? i got a friend interested. Whats the smallest unit built up and price starting from?
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u can pm me for more detail.
https://bangsarsouthfreeholdproperty.wasap.my
cannible
post Apr 5 2020, 08:37 PM

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Please pm also thanks
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post Jul 4 2020, 05:58 PM

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How much is the referral fee?
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post Jul 9 2020, 12:33 AM

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QUOTE(TwelveStones @ Oct 30 2019, 10:44 AM)
Total Units on Goodwood Residences are 678 units. One Block only.
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post Jul 9 2020, 12:35 AM

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QUOTE(TwelveStones @ Oct 30 2019, 10:44 AM)
Total Units on Goodwood Residences are 678 units. One Block only.
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post Jul 9 2020, 08:49 AM

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QUOTE(TwelveStones @ Oct 24 2019, 10:58 AM)
Anyone here if you have friends and relatives interested in Goodwood Residences, can message please. I will be able to give you some good package and referral fees too.
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is this project under HOC? any new package?? year to ready is 2023?
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post Jul 9 2020, 09:07 AM

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SA please pm
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post Aug 23 2020, 10:43 PM

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Just went to their sales gallery today after The Estate site visit. So far in my many property hunting experience, they have the worst SA. Totally uninterested in explaining the project at all.

Layout is so so. The semi furnished cabinets are inferior in quality. Maybe good for investment but own stay purpose, totally unappetising. The density is a total turn off. 18 units per floor with long hallway.
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post Sep 2 2020, 10:49 AM

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PM latest promotion package.
Thx
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post Sep 14 2020, 11:05 AM

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PM me also pls
lopen
post Oct 5 2020, 05:17 PM

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Any idea what is the development on the empty land next to Goodwood? To its right seems to have work preparing to start
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post Oct 16 2020, 10:02 PM

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PM latest package pls. Interested
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post Oct 17 2020, 09:49 PM

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QUOTE(TwelveStones @ Oct 24 2019, 10:58 AM)
Anyone here if you have friends and relatives interested in Goodwood Residences, can message please. I will be able to give you some good package and referral fees too.
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Pm pls
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post Oct 18 2020, 09:58 AM

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If I recall from my last visit to their show gallery, the sales staff mentioned (and also highlighted at the start of this thread) that there are 3 phases for this project, of which the current block is the 1st phase.
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post Oct 20 2020, 09:02 AM

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QUOTE(DesRed @ Oct 18 2020, 09:58 AM)
If I recall from my last visit to their show gallery, the sales staff mentioned (and also highlighted at the start of this thread) that there are 3 phases for this project, of which the current block is the 1st phase.
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so the 2nd phase is the next of goodwood?
JimK
post Oct 20 2020, 12:14 PM

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QUOTE(lopen @ Oct 5 2020, 05:17 PM)
Any idea what is the development on the empty land next to Goodwood? To its right seems to have work preparing to start
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I think got. But for you to buy this, need to be aware that the facilities floor is at ground floor.. if you like it then okay and it’s not so near to public transport.. unless some people wantt to feel Atas by living in bangsar south.. haha
farizidris
post Oct 20 2020, 07:34 PM

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QUOTE(RAZIZZA89 @ Oct 20 2020, 09:02 AM)
so the 2nd phase is the next of goodwood?
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Next to the project will be another tower of soho residence. Said possible launched end of year or early next year
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post Oct 20 2020, 09:44 PM

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QUOTE(JimK @ Oct 20 2020, 12:14 PM)
I think got. But for you to buy this, need to be aware that the facilities floor is at ground floor.. if you like it then okay and it’s not so near to public transport.. unless some people wantt to feel Atas by living in bangsar south.. haha
*
Just think of it as a lesser dense Scenaria @ North Kiara coz they also have facilities on the ground floor.

In terms of the surroundings between the above project and this one, I'd go for the latter. Better surroundings compared to that part of Segambut. At least you can still walk to the LRT despite that it is further, or take the Bangsar South shuttle bus to/from it.
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post Oct 21 2020, 01:41 PM

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QUOTE(farizidris @ Oct 20 2020, 07:34 PM)
Next to the project will be another tower of soho residence. Said possible launched end of year or early next year
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oh gosh, by uoa also?
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post Oct 21 2020, 01:50 PM

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QUOTE(RAZIZZA89 @ Oct 21 2020, 01:41 PM)
oh gosh, by uoa also?
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Yes, the whole piece of land is owned by uoa
farizidris
post Oct 21 2020, 07:17 PM

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QUOTE(jetzxp @ Oct 21 2020, 01:50 PM)
Yes, the whole piece of land is owned by uoa
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Uoa is the king of bangsar south, just like uem the king in mont kiara
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post Oct 22 2020, 11:19 AM

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QUOTE(farizidris @ Oct 21 2020, 07:17 PM)
Uoa is the king of bangsar south, just like uem the king in mont kiara
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so BS will be another mount kiara right? cool2.gif
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post Oct 24 2020, 05:18 PM

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Any owner telegram/WhatsApp group?
rookieKLMY
post Oct 25 2020, 03:38 PM

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Construction has reached level 23 now.
Average RM 71xpsf now. Size ranges from 947 sf to 2,002 sf.
947sf left 1 unit now.


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farizidris
post Oct 25 2020, 04:02 PM

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QUOTE(rookieKLMY @ Oct 25 2020, 03:38 PM)
Construction has reached level 23 now.
Average RM 71xpsf now. Size ranges from 947 sf to 2,002 sf.
947sf left 1 unit now.
*
Kinda fast progress as the project is scheduled for vp about 3 years from now
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post Oct 26 2020, 02:16 PM

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QUOTE(rookieKLMY @ Oct 25 2020, 03:38 PM)
Construction has reached level 23 now.
Average RM 71xpsf now. Size ranges from 947 sf to 2,002 sf.
947sf left 1 unit now.
*
wow so fas woorrr rclxms.gif rclxms.gif
farizidris
post Nov 2 2020, 10:57 PM

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Anyone know kpkt data for this project?
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post Dec 9 2020, 12:36 AM

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QUOTE(feizaiII @ Oct 24 2020, 05:18 PM)
Any owner telegram/WhatsApp group?
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Follow this
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post Dec 9 2020, 12:44 AM

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http://idaman2.kpkt.gov.my:8888/idv5/98_eH...proj_kod_Fasa=3

http://idaman2.kpkt.gov.my:8888/idv5/98_eH...0LAMAN%20PERMAI

This post has been edited by icemanfx: Dec 9 2020, 12:44 AM
panda@KL
post Dec 9 2020, 07:02 AM

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In Oct, StarBiz news say that it's 35% take up.

Am surprised coz follow KPKT database, only 15% bought.

Their smaller unit are quite good in size, layout and price.
matttzz
post Dec 9 2020, 11:31 AM

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ahh, i just signed the spa there last week. If any of you still looking to get, can pm me, we can share the referral fees:)
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post Dec 9 2020, 01:08 PM

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QUOTE(panda@KL @ Dec 9 2020, 07:02 AM)
In Oct, StarBiz news say that it's 35% take up.

Am surprised coz follow KPKT database, only 15% bought.

Their smaller unit are quite good in size, layout and price.
*
Is this project meant for investment purpose instead of ownstay, room size a bit small, and they manage to squeeze in 4rooms 3 bath for the 1.2k sf unit... Too "busy" area for ownstay, but good for rental to those working nearby?? The sales not much progress if just 15% sold.
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post Dec 9 2020, 01:53 PM

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QUOTE(Ekash @ Dec 9 2020, 01:08 PM)
Is this project meant for investment purpose instead of ownstay, room size a bit small, and they manage to squeeze in 4rooms 3 bath for the 1.2k sf unit... Too "busy" area for ownstay, but good for rental to those working nearby?? The sales not much progress if just 15% sold.
*
The smaller unit (dual key) are more suitable for investment or single own stay.

They have much bigger size unit, which is suitable for family. However, I agree with you that squeeze in 4 rooms in 1.2k don't look good (their living room space is just nice, not super big). Thus, for small family, i prefer other condo or landed house nearby, or have to change the layout yourself.
Ekash
post Dec 9 2020, 03:43 PM

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QUOTE(panda@KL @ Dec 9 2020, 01:53 PM)
The smaller unit (dual key) are more suitable for investment or single own stay. 

They have much bigger size unit, which is suitable for family. However, I agree with you that squeeze in 4 rooms in 1.2k don't look good (their living room space is just nice, not super big). Thus, for small family, i prefer other condo or landed house nearby, or have to change the layout yourself.
*
On the wall that can be hacked, I can't imagine what to do with it for 1.1k sf unit... Suggestion? Yeah the hall a bit too, and is party furnish.. Not sure if with full airconds...
panda@KL
post Dec 9 2020, 04:12 PM

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bro, u sure wanna buy here for own stay if u have small family?

I will renovate the unit to enlarge the living room and kitchen, and maintain only 3 rooms.
Ekash
post Dec 9 2020, 04:58 PM

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QUOTE(panda@KL @ Dec 9 2020, 04:12 PM)
bro, u sure wanna buy here for own stay if u have small family?

I will renovate the unit to enlarge the living room and kitchen, and maintain only 3 rooms.
*
Any comments to share on this project/area?? I think only the wall marked in red can be hacked, so can't enlarge it
panda@KL
post Dec 9 2020, 06:12 PM

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QUOTE(Ekash @ Dec 9 2020, 04:58 PM)
Any comments to share on this project/area?? I think only the wall marked in red can be hacked, so can't enlarge it
*
perhaps you confirm with developer.

You may visit the showroom to see if you like it or leave it.
Ekash
post Dec 9 2020, 10:06 PM

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QUOTE(panda@KL @ Dec 9 2020, 06:12 PM)
perhaps you confirm with developer.

You may visit the showroom to see if you like it or leave it.
*
I see, not much review on this project except the facade..
matttzz
post Dec 28 2020, 02:16 PM

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QUOTE(Ekash @ Dec 9 2020, 03:43 PM)
On the wall that can be hacked, I can't imagine what to do with it for 1.1k sf unit... Suggestion? Yeah the hall a bit too, and is party furnish.. Not sure if with full airconds...
*
yes, comes with full aircond.
matttzz
post Dec 28 2020, 02:26 PM

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QUOTE(Ekash @ Dec 9 2020, 04:58 PM)
Any comments to share on this project/area?? I think only the wall marked in red can be hacked, so can't enlarge it
*
yes, only the beams highlighted in red can be demolised. All others cannot be undone.
DesRed
post Dec 28 2020, 03:22 PM

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Do remember that this project is targeted for multi-generational living. Probably also suitable for families with more than 2 kids.
Ekash
post Dec 29 2020, 07:54 AM

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QUOTE(matttzz @ Dec 28 2020, 02:16 PM)
yes, comes with full aircond.
*
QUOTE(matttzz @ Dec 28 2020, 02:26 PM)
yes, only the beams highlighted in red can be demolised. All others cannot be undone.
*
Is the wall or the beam?? After hacked, seems no different?
matttzz
post Dec 29 2020, 11:44 AM

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QUOTE(Ekash @ Dec 29 2020, 07:54 AM)
Is the wall or the beam?? After hacked, seems no different?
*
Sorry, its wall. Not beam. Haha.
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post Dec 29 2020, 11:44 AM

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QUOTE(DesRed @ Dec 28 2020, 03:22 PM)
Do remember that this project is targeted for multi-generational living. Probably also suitable for families with more than 2 kids.
*
Yea. Bigger units...
klthor
post Dec 30 2020, 09:40 AM

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went to have a look. was told around 40% sold off only, but when you look closer. smaller units are fully sold (9xx sqft). whats left are the 1k sqft and above.... didnt like the layout for the dual keys, the balcony is hiding way inside and blocked view, guess its meant for rental.


panda@KL
post Dec 30 2020, 11:12 AM

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the dual key (Type A) is meant for the investment; Type A1 is good for single / couple own stay or investment. The bigger unit, depends u like the layout or not. Perhaps PJ or KL people looking for upgrade or don't like landed may consider switching to here.
Ekash
post Dec 30 2020, 04:22 PM

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QUOTE(klthor @ Dec 30 2020, 09:40 AM)
went to have a look. was told around 40% sold off only, but when you look closer. smaller units are fully sold (9xx sqft). whats left are the 1k sqft and above.... didnt like the layout for the dual keys, the balcony is hiding way inside and blocked view, guess its meant for rental.
*
QUOTE(panda@KL @ Dec 30 2020, 11:12 AM)
the dual key (Type A) is meant for the investment; Type A1 is good for single / couple own stay or investment. The bigger unit, depends u like the layout or not. Perhaps PJ or KL people looking for upgrade or don't like landed may consider switching to here.
*
For working adults, would they prefer less rooms than more rooms? More rooms seems more suitable for students tenants.. I hope the room size can be bigger, 3rooms instead of 4, for own stay purpose
panda@KL
post Dec 30 2020, 06:45 PM

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QUOTE(Ekash @ Dec 30 2020, 04:22 PM)
For working adults, would they prefer less rooms than more rooms? More rooms seems more suitable for students tenants.. I hope the room size can be bigger, 3rooms instead of 4, for own stay purpose
*
yeah, same view as you on the layout. Tenant here are targeting high income professional, room number is not a major concern.

Btw, this condo disallow foreign student to be tenant..

Seems like you are very keen on this property.. wanna get one for own stay?
DesRed
post Dec 30 2020, 07:29 PM

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QUOTE(panda@KL @ Dec 30 2020, 06:45 PM)
yeah, same view as you on the layout. Tenant here are targeting high income professional, room number is not a major concern.

Btw, this condo disallow foreign student to be tenant..

Seems like you are very keen on this property.. wanna get one for own stay?
*
How does the project's MC enforce that if no JMB is formed yet during the first few months after getting your keys?

And during this time, there are bound to be all sorts of residents there until a JMB is formed and they set rules to ban activities like renting to students, run Airbnb, etc.

This post has been edited by DesRed: Dec 30 2020, 07:29 PM
panda@KL
post Dec 30 2020, 07:44 PM

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QUOTE(DesRed @ Dec 30 2020, 07:29 PM)
How does the project's MC enforce that if no JMB is formed yet during the first few months after getting your keys?

And during this time, there are bound to be all sorts of residents there until a JMB is formed and they set rules to ban activities like renting to students, run Airbnb, etc.
*
It is mentioned under the house rule / Deed of mutual covenant when SPA is signed.
Ekash
post Dec 30 2020, 10:22 PM

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QUOTE(panda@KL @ Dec 30 2020, 06:45 PM)
yeah, same view as you on the layout. Tenant here are targeting high income professional, room number is not a major concern.

Btw, this condo disallow foreign student to be tenant..

Seems like you are very keen on this property.. wanna get one for own stay?
*
Yeah interested, but feel the house too packed with rooms 😢
klthor
post Dec 31 2020, 10:04 AM

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QUOTE(Ekash @ Dec 30 2020, 04:22 PM)
For working adults, would they prefer less rooms than more rooms? More rooms seems more suitable for students tenants.. I hope the room size can be bigger, 3rooms instead of 4, for own stay purpose
*
hmm agreed, would prefer larger rooms, that is why the larger units with 4 rooms arent selling. those smaller units with 900+ sqft with 3 rooms are almost fully sold.
Ekash
post Dec 31 2020, 07:04 PM

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QUOTE(klthor @ Dec 31 2020, 10:04 AM)
hmm agreed, would prefer larger rooms, that is why the larger units with 4 rooms arent selling. those smaller units with 900+ sqft with 3 rooms are almost fully sold.
*
I see, and their lucky draw offer just ended today..
Kenny De Roger
post Jan 9 2021, 11:27 AM

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.

This post has been edited by Kenny De Roger: Jan 9 2021, 07:48 PM
CHL95
post Jan 15 2021, 12:18 AM

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QUOTE(TwelveStones @ Oct 24 2019, 10:58 AM)
Anyone here if you have friends and relatives interested in Goodwood Residences, can message please. I will be able to give you some good package and referral fees too.
*
Hi, pls pm me I’m interested.
Jack2622 P
post Feb 16 2021, 09:29 AM

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QUOTE(CHL95 @ Jan 14 2021, 09:48 PM)
Hi, pls pm me I’m interested.
*
Hi please share details I am interested in buying this....
mikimq P
post Feb 28 2021, 04:25 PM

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Hi everyone, if you have are considering to get a unit in Goodwood and want to save more, pls contact me as i will be more than happy to refer you, and we can share the referral fee.
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post Feb 28 2021, 04:27 PM

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Hi everyone, if you are considering to get a unit in Goodwood and want to save more, pls contact me as i will be more than happy to refer you, and we can share the referral fee.

Ye Pei
post Mar 15 2021, 03:26 PM

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Planning to get GoodWood Residence for own stay. First time buyer here, any comment on this property?
panda@KL
post Mar 15 2021, 05:29 PM

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can move in within 1 year.

the layout is suitable for single or small family.
atozunown
post Mar 31 2021, 05:21 PM

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so the smaller units are sold out d?
hui0618
post Mar 31 2021, 07:31 PM

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QUOTE(atozunown @ Mar 31 2021, 05:21 PM)
so the smaller units are sold out d?
*
There is one more loan rejected unit facing north. Level 32. Not sure still available or not. I just booked a loan rejected unit Type A. Anyone plan to buy a unit can pm me and I don't mind to share the referral with you.

This post has been edited by hui0618: Apr 1 2021, 07:44 AM
atozunown
post Apr 1 2021, 09:09 AM

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QUOTE(hui0618 @ Mar 31 2021, 07:31 PM)
There is  one more loan rejected unit facing  north. Level 32. Not sure still available or not. I just booked a loan rejected unit Type A. Anyone plan to buy a unit can pm me and I don't mind to share the referral with you.
*
oh i see.. thanks so much for the info
matttzz
post Apr 7 2021, 05:30 PM

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ahh, i bought a unit here too! anyone who is interested can pm me. Happy to share referral fees with you smile.gif
Ekash
post Apr 18 2021, 11:29 AM

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QUOTE(matttzz @ Apr 7 2021, 05:30 PM)
ahh, i bought a unit here too! anyone who is interested can pm me. Happy to share referral fees with you smile.gif
*
Bought for investment? What's the package for now ya?
freshinewbie
post Apr 18 2021, 11:38 AM

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Any package or selling point for this project. Any sifu enlighten?
hui0618
post Apr 19 2021, 08:38 PM

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QUOTE(Ekash @ Apr 18 2021, 11:29 AM)
Bought for investment? What's the package for now ya?
*
10% on listed price
10% on SPA price
Rm38888 lucky spin


And additional 1% discount for UOA member on listed price or 1% referral fee on nett price

I bought 2 week ago.

This post has been edited by hui0618: Apr 19 2021, 09:23 PM
edkhan26
post Apr 19 2021, 09:04 PM

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Wow. Whats the nett price?
0806A68032
post Apr 19 2021, 11:36 PM

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what is the current psf?
Ekash
post Apr 21 2021, 05:08 PM

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QUOTE(hui0618 @ Apr 19 2021, 08:38 PM)
10% on listed price
10% on SPA price
Rm38888 lucky spin
And additional 1% discount for UOA member on listed price or 1% referral fee on nett price

I bought 2 week ago.
*
How much is the nett psf and is The lucky spin confirmed can get 38.8k??
teddie
post Apr 23 2021, 06:14 PM

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QUOTE(hui0618 @ Apr 19 2021, 08:38 PM)
10% on listed price
10% on SPA price
Rm38888 lucky spin
And additional 1% discount for UOA member on listed price or 1% referral fee on nett price

I bought 2 week ago.
*
Are u getting dual key unit for own stay?
Kenny De Roger
post Apr 25 2021, 12:17 AM

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QUOTE(hui0618 @ Apr 19 2021, 08:38 PM)
10% on listed price
10% on SPA price
Rm38888 lucky spin
And additional 1% discount for UOA member on listed price or 1% referral fee on nett price

I bought 2 week ago.
*
Any black and white that the fees will be paid to me after I book under your name? Sorry for asking because I have a bad experience before, some one block my call and Ignore Me after I intro a buyer to him.

This post has been edited by Kenny De Roger: Apr 25 2021, 12:41 AM
Kenny De Roger
post Apr 25 2021, 12:18 AM

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QUOTE(Kenny De Roger @ Apr 25 2021, 12:17 AM)
Any black and white that the fees will be paid to me after I book under your name?  Sorry for asking because I have a bad experience before,  some one block my call and Ignire Mr after I intro a buyer to him.
*
If yes then please pm me, your contact. I might have 1 friend introduced to u
hui0618
post Apr 25 2021, 11:51 AM

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QUOTE(Kenny De Roger @ Apr 25 2021, 12:17 AM)
Any black and white that the fees will be paid to me after I book under your name?  Sorry for asking because I have a bad experience before,  some one block my call and Ignore Me after I intro a buyer to him.
*
OK. Pmed

This post has been edited by hui0618: Apr 25 2021, 11:52 AM
Kenny De Roger
post Apr 25 2021, 09:41 PM

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QUOTE(hui0618 @ Apr 25 2021, 11:51 AM)
OK. Pmed
*
Yeah... Let's make the matha faka agent all keep skin....
marchome
post Apr 26 2021, 02:38 PM

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From: London
https://youtu.be/Xw0N-rpOIz8

https://youtu.be/zlJSPXcKgbM

Check this out guys ! saw this footage in Youtube

user posted image

This post has been edited by marchome: Apr 26 2021, 02:43 PM
Close To you
post Apr 26 2021, 07:29 PM

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QUOTE(Kenny De Roger @ Apr 25 2021, 09:41 PM)
Yeah... Let's make the matha faka agent all keep skin....
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Nowadays not easy to be an agent. Too many people like u out there. God bless to agent!
matttzz
post Apr 27 2021, 01:56 PM

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Not sure if still got the 38.8k lucky spin already but can ask.


QUOTE(Ekash @ Apr 21 2021, 05:08 PM)
How much is the nett psf and is The lucky spin confirmed can get 38.8k??
*
matttzz
post Apr 27 2021, 01:58 PM

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Yes for investment. do pm me, i'll refer you to my SA smile.gif

QUOTE(Ekash @ Apr 18 2021, 11:29 AM)
Bought for investment? What's the package for now ya?
*
Kenny De Roger
post Apr 27 2021, 03:16 PM

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Anyone know whether we will get caught under anti corruption act by receiving the referral? I was told that we could be in trouble under the act. Any lawyer here can advice?
4eyeco
post Apr 27 2021, 04:05 PM

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QUOTE(Kenny De Roger @ Apr 27 2021, 03:16 PM)
Anyone know whether  we will get caught under anti corruption act by receiving the referral? I was told that we could be in trouble under the act. Any lawyer here can advice?
*
What trouble? It's not like we are receiving the referral by doing something illegal...
Kenny De Roger
post Apr 27 2021, 04:24 PM

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QUOTE(4eyeco @ Apr 27 2021, 04:05 PM)
What trouble? It's not like we are receiving the referral by doing something illegal...
*
I’m confused also. That mystery guy pm me that I could be in trouble under anti corruption act if someone reported me. That’s why I need some advices from lawyer here.

This post has been edited by Kenny De Roger: Apr 27 2021, 04:24 PM
DesRed
post Apr 28 2021, 09:45 PM

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QUOTE(Kenny De Roger @ Apr 27 2021, 04:24 PM)
I’m confused also. That mystery guy  pm me that I could be in trouble under anti corruption act if someone reported me. That’s why I need some advices from lawyer here.
*
Not a lawyer here, but this sounds like a scam. I'd just block the fella if I were you. No point entertaining him in the first place.

This post has been edited by DesRed: Apr 28 2021, 09:50 PM
zack.gap
post Apr 29 2021, 06:27 AM

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QUOTE(Kenny De Roger @ Apr 27 2021, 04:24 PM)
I’m confused also. That mystery guy  pm me that I could be in trouble under anti corruption act if someone reported me. That’s why I need some advices from lawyer here.
*
lol no need lawyer advice. That’s just a bullsh*t tactic to silence you. Don’t bother with the mystery guy anymore, will probably run away with your referral fee
shi shi
post May 2 2021, 01:44 PM

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QUOTE(marchome @ Apr 26 2021, 02:38 PM)
https://youtu.be/Xw0N-rpOIz8

https://youtu.be/zlJSPXcKgbM

Check this out guys ! saw this footage in Youtube

user posted image
*
Impressed by the site progress. It’s not easy to complete the finishing works and landscape at the podium level while the works at the tower block is still on going.👍
torres09
post May 2 2021, 03:57 PM

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PM nett price?
Kazachok
post May 9 2021, 06:39 AM

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any units left?
kun9999
post Jun 4 2021, 09:34 AM

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from kpkt it seems like only 94 unit sold out of total 678 unit
4eyeco
post Jun 4 2021, 11:00 AM

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QUOTE(kun9999 @ Jun 4 2021, 09:34 AM)
from kpkt it seems like only 94 unit sold out of total 678 unit
*
it has been that way since the first time i since early this year...

dont know how frequent they update
lwpin728
post Jun 4 2021, 02:00 PM

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https://www.thestar.com.my/business/busines...wo-new-projects


PETALING JAYA: Property developer UOA Development Bhd is expected to register earnings growth this year, underpinned by the rollout of new projects in the second half of 2021.

Analysts noted that market sentiment this year is set to improve on the back of the ongoing nationwide vaccination programme.

RHB Investment Bank in a report said UOA Development is potentially launching two new projects in the second half of 2021.

“Management has indicated that it is looking to roll out two new projects in the second half of 2021, as confidence in the property market improves further, with the mass rollout of Covid-19 vaccines.

“The two new projects are apartment blocks in Bangsar South (featuring smaller units), as well as Aster Green Phase 2.”


The research house noted that as these projects have an estimated gross development value of between RM600mil and RM700mil, sales for the group’s current financial year will likely be higher than the RM384mil recorded in 2020.

It said UOA Development’s new property sales should climb to about RM500mil this year.

“So far, the take-up rate for Aster Green Phase 1 has been encouraging at 75%, but The Goodwood Residence is only 30% sold. Both projects were launched in late 2019.”

RHB said UOA Development also has three new investment properties coming on stream this year, namely Bamboo Hills, Komune Living & Wellness and United Point.

“We believe the contribution from these new investment properties will become more material only in the second half of 2022 or in 2023 and will partially make up the loss in income subsequent to the disposal of the UOA Corporate Tower last year.”

Located in Bandar Tun Razak, RHB said Komune Living & Wellness is UOA Development’s first fully-furnished senior-assisted living development, with 900 suites catered for short and long-term stays.

The project will be completed by the end of the year and held as an investment property under the company.

chiasoon93 P
post Jul 2 2021, 04:38 PM

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QUOTE(hui0618 @ Apr 19 2021, 08:38 PM)
10% on listed price
10% on SPA price
Rm38888 lucky spin
And additional 1% discount for UOA member on listed price or 1% referral fee on nett price

I bought 2 week ago.
*
So Good offer? interesting...
rookieKLMY
post Jul 3 2021, 08:19 PM

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user posted image

Latest progress thumbup.gif
panda@KL
post Jul 3 2021, 08:36 PM

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QUOTE(rookieKLMY @ Jul 3 2021, 08:19 PM)
user posted image

Latest progress thumbup.gif
*
Good progress.. can VP by Q1 2022?
Sir_Jim
post Jul 3 2021, 09:59 PM

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QUOTE(rookieKLMY @ Jul 3 2021, 08:19 PM)
user posted image

Latest progress thumbup.gif
*
the outlook seems very high dense, but is it?...
propertyowner
post Jul 3 2021, 10:30 PM

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QUOTE(rookieKLMY @ Jul 3 2021, 08:19 PM)
user posted image

Latest progress thumbup.gif
*
Looks like Hong Kong in Malaysia now..
shi shi
post Jul 4 2021, 12:51 PM

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QUOTE(panda@KL @ Jul 3 2021, 08:36 PM)
Good progress.. can VP by Q1 2022?
*
Based on the current site progress, VP by Q1 2022 looks highly possible. However, UOA also informed the buyers that VP of the Project will be delivered on or before 22/01/2024 by referencing to the Covid-19 Act issued by the Ministry.
So, the VP might be delayed if UOA has decided to do so.
panda@KL
post Jul 4 2021, 03:21 PM

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QUOTE(shi shi @ Jul 4 2021, 12:51 PM)
Based on the current site progress, VP by Q1 2022 looks highly possible. However, UOA also informed the buyers that VP of the Project will be delivered on or before 22/01/2024 by referencing to the Covid-19 Act issued by the Ministry.
So, the VP might be delayed if UOA has decided to do so.
*
This is courtesy? Does other UOA properties receive the same letter?
Ekash
post Jul 4 2021, 03:53 PM

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QUOTE(shi shi @ Jul 4 2021, 12:51 PM)
Based on the current site progress, VP by Q1 2022 looks highly possible. However, UOA also informed the buyers that VP of the Project will be delivered on or before 22/01/2024 by referencing to the Covid-19 Act issued by the Ministry.
So, the VP might be delayed if UOA has decided to do so.
*
Is that the paint color of the project?? Or haven't painted??
sabrefirespirit
post Aug 28 2021, 02:51 PM

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Is there an owner's group for Goodwood anywhere? If there is please message me.
fc2020
post Aug 28 2021, 11:51 PM

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Looking good
Ekash
post Aug 29 2021, 12:16 AM

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QUOTE(fc2020 @ Aug 28 2021, 11:51 PM)
Looking good
*
what's good?? the colour is painted??....
4eyeco
post Aug 29 2021, 01:03 PM

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QUOTE(sabrefirespirit @ Aug 28 2021, 02:51 PM)
Is there an owner's group for Goodwood anywhere? If there is please message me.
*
Interested to join too.

Please pm me
yurayuraz P
post Sep 10 2021, 02:22 PM

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Hi is there any SA here? Would like to know further detail on this project. Thanks
andrea21 P
post Sep 10 2021, 08:04 PM

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what is the latest promo and rebates for goodwood ?
farizidris
post Sep 10 2021, 08:54 PM

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QUOTE(andrea21 @ Sep 10 2021, 08:04 PM)
what is the latest promo and rebates for goodwood ?
*
Yeah interested to know as well..anyone who know can dm me
lin@lowyat
post Sep 21 2021, 02:26 PM

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QUOTE(sabrefirespirit @ Aug 28 2021, 02:51 PM)
Is there an owner's group for Goodwood anywhere? If there is please message me.
*
I also interested, kindly PM me.
thanks.
blade825
post Sep 21 2021, 02:45 PM

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QUOTE(lin@lowyat @ Sep 21 2021, 02:26 PM)
I also interested, kindly PM me.
thanks.
*
please dm me as well
3yo5yo P
post Sep 21 2021, 11:12 PM

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Pm latest promo! Thanks
alextan8981
post Sep 27 2021, 07:52 AM

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Hi all,

Can someone add me to the owner FB, WhatsApp or Telegram group please?
Twinklemint112 P
post Nov 5 2021, 05:41 PM

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Can someone add me in owner group , WhatsApp please?
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post Nov 29 2021, 11:15 PM

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Any SA can pm me top, thanks
roaringkatana P
post Dec 3 2021, 12:31 AM

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Pm latest promo.

Thanks biggrin.gif
shi shi
post Jan 5 2022, 10:24 PM

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Is there a provision of EV charging stations in this development? hmm.gif
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post Jan 6 2022, 09:48 AM

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QUOTE(shi shi @ Jan 5 2022, 10:24 PM)
Is there a provision of EV charging stations in this development? hmm.gif
*
Yes there is 2 of it
shi shi
post Jan 6 2022, 04:40 PM

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QUOTE(JonathanIB @ Jan 6 2022, 09:48 AM)
Yes there is 2 of it
*
Thanks for the update. But I believe 2 stations are grossly insufficient. Not sure how does the developer/MC is going to handle this once EVs are getting more popular.
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post Jan 6 2022, 05:24 PM

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QUOTE(shi shi @ Jan 6 2022, 04:40 PM)
Thanks for the update. But I believe 2 stations are grossly insufficient. Not sure how does the developer/MC is going to handle this once EVs are getting more popular.
*
By then I think owners can fork out money together to get it installed, but i doubt many will do it since who want t o pay it if not using.. And those using, maybe need fibd the supplier for it
hihihehe
post Jan 6 2022, 07:51 PM

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QUOTE(Sir_Jim @ Jan 6 2022, 05:24 PM)
By then I think owners can fork out money together to get it installed, but i doubt many will do it since who want t o pay it if not using.. And those using, maybe need fibd the supplier for it
*
it's up to management whether allow owner to install their own charger at allocated parking bay
of course with separate electric bill for that charger as well

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post Jan 7 2022, 12:41 AM

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QUOTE(hihihehe @ Jan 6 2022, 07:51 PM)
it's up to management whether allow owner to install their own charger at allocated parking bay
of course with separate electric bill for that charger as well
*
The wiring and installation could be a huge cost to the buyer then
hihihehe
post Jan 7 2022, 12:46 AM

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QUOTE(Sir_Jim @ Jan 7 2022, 12:41 AM)
The wiring and installation could be a huge cost to the buyer then
*
it depends what the car manufacture offers you.

i know porsche will survey your condo for charger installation and install for free if eligible when i asked them last year

not sure if still valid now
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post Jan 7 2022, 10:13 AM

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post Jan 7 2022, 11:34 AM

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QUOTE(hihihehe @ Jan 7 2022, 12:46 AM)
it depends what the car manufacture offers you.

i know porsche will survey your condo for charger installation and install for free if eligible when i asked them last year

not sure if still valid now
*
I thought it capped at certain distance, by meter?? It will be very long for condo vs landed.
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QUOTE(Sir_Jim @ Jan 7 2022, 11:34 AM)
I thought it capped at certain distance, by meter?? It will be very long for condo vs landed.
*
every condo have different layout so that's why they need to survey before telling you eligible for installation. the most tricky part is whether your management will approve or not

porsche installed a lot of chargers for owners staying in condo without issue in mont kiara area
pinan
post Jan 7 2022, 06:43 PM

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Hi all fellow owners of Goodwood Residence, can anyone pm me if there is any owner's group to join? If not I can take the initiative to create one.

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post Jan 11 2022, 08:01 PM

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QUOTE(pinan @ Jan 7 2022, 06:43 PM)
Hi all fellow owners of Goodwood Residence, can anyone pm me if there is any owner's group to join? If not I can take the initiative to create one.
*
Hi i dont think got. Can you create and add me?
feizaiII
post Feb 24 2022, 11:26 AM

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Calvin Seak
post Feb 28 2022, 09:58 PM

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QUOTE(lwpin728 @ Jun 4 2021, 02:00 PM)
https://www.thestar.com.my/business/busines...wo-new-projects
PETALING JAYA: Property developer UOA Development Bhd is expected to register earnings growth this year, underpinned by the rollout of new projects in the second half of 2021.

Analysts noted that market sentiment this year is set to improve on the back of the ongoing nationwide vaccination programme.

RHB Investment Bank in a report said UOA Development is potentially launching two new projects in the second half of 2021.

“Management has indicated that it is looking to roll out two new projects in the second half of 2021, as confidence in the property market improves further, with the mass rollout of Covid-19 vaccines.

“The two new projects are apartment blocks in Bangsar South (featuring smaller units), as well as Aster Green Phase 2.”
The research house noted that as these projects have an estimated gross development value of between RM600mil and RM700mil, sales for the group’s current financial year will likely be higher than the RM384mil recorded in 2020.

It said UOA Development’s new property sales should climb to about RM500mil this year.

“So far, the take-up rate for Aster Green Phase 1 has been encouraging at 75%, but The Goodwood Residence is only 30% sold. Both projects were launched in late 2019.”

RHB said UOA Development also has three new investment properties coming on stream this year, namely Bamboo Hills, Komune Living & Wellness and United Point.

“We believe the contribution from these new investment properties will become more material only in the second half of 2022 or in 2023 and will partially make up the loss in income subsequent to the disposal of the UOA Corporate Tower last year.”

Located in Bandar Tun Razak, RHB said Komune Living & Wellness is UOA Development’s first fully-furnished senior-assisted living development, with 900 suites catered for short and long-term stays.

The project will be completed by the end of the year and held as an investment property under the company.
*
Hello, was wondering any idea why this project isn't selling well? Is it because the location of bangsar south is too congested?

Interested buyer here and reading around
theballer
post Feb 28 2022, 10:11 PM

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QUOTE(Calvin Seak @ Feb 28 2022, 09:58 PM)
Hello, was wondering any idea why this project isn't selling well? Is it because the location of bangsar south is too congested?

Interested buyer here and reading around
*
That article quoted was last year I think..this one is the latest.. though did not mention how many is sold..believe it's better now I guess

https://www.theedgemarkets.com/article/uoa-...-final-dividend
zack.gap
post Mar 1 2022, 12:00 PM

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QUOTE(Calvin Seak @ Feb 28 2022, 09:58 PM)
Hello, was wondering any idea why this project isn't selling well? Is it because the location of bangsar south is too congested?

Interested buyer here and reading around
*
Generally any high rise project in KL won’t do well right now. Too many new units unsold in the market, too high of a price.
Calvin Seak
post Mar 8 2022, 11:52 AM

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QUOTE(theballer @ Feb 28 2022, 10:11 PM)
That article quoted was last year I think..this one is the latest.. though did not mention how many is sold..believe it's better now I guess

https://www.theedgemarkets.com/article/uoa-...-final-dividend
*
Thanks for the article theballer.. I guess market is really slow now after covid but slowly picking up back


QUOTE(zack.gap @ Mar 1 2022, 12:00 PM)
Generally any high rise project in KL won’t do well right now. Too many new units unsold in the market, too high of a price.
*
Thank you for sharing zack.gap, yeah that's true.. 1m for a highrise lease hold is pretty much on the high side..

Because i did my research on the area and the median price for bangsar south is around rm800k and rm9xx psf.. Feels that UOA have priced GoodWood competitively..

Still scouting around and hope to find one suitable
theballer
post Mar 8 2022, 12:23 PM

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QUOTE(Calvin Seak @ Mar 8 2022, 11:52 AM)
Thanks for the article theballer.. I guess market is really slow now after covid but slowly picking up back
Thank you for sharing zack.gap, yeah that's true.. 1m for a highrise lease hold is pretty much on the high side..

Because i did my research on the area and the median price for bangsar south is around rm800k and rm9xx psf.. Feels that UOA have priced GoodWood competitively..

Still scouting around and hope to find one suitable
*
Yeah good to know...various prop developer quarterly earnings also seem to show sign of picking up...
For Goodwood I believe it's a good prop back then launched before pandemic
JackDan
post Mar 31 2022, 04:50 PM

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Any update on the take-up rate and pricing?
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post Apr 1 2022, 10:56 AM

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QUOTE(JackDan @ Mar 31 2022, 04:50 PM)
Any update on the take-up rate and pricing?
*

Around 60%
feizaiII
post Apr 2 2022, 06:03 PM

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Some photos took by owners tongue.gif

user posted image

user posted image

user posted image

user posted image

This post has been edited by feizaiII: Apr 2 2022, 08:16 PM
theballer
post Apr 3 2022, 02:33 PM

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QUOTE(JonathanIB @ Apr 1 2022, 10:56 AM)
Around 60%
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So many years still 60%? 🤔
JonathanIB
post Apr 4 2022, 10:32 AM

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QUOTE(theballer @ Apr 3 2022, 02:33 PM)
So many years still 60%? 🤔
*
smile.gif

Goodwood facilities is great
Just maybe the pricing is slow for current market. Slow slow sell but still got buyer one
theballer
post Apr 4 2022, 10:52 AM

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QUOTE(JonathanIB @ Apr 4 2022, 10:32 AM)
smile.gif

Goodwood facilities is great
Just maybe the pricing is slow for current market. Slow slow sell but still got buyer one
*
Thats true, the pics looks good!
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post Apr 4 2022, 10:56 AM

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QUOTE(theballer @ Apr 4 2022, 10:52 AM)
Thats true, the pics looks good!
*
Yes the site itself is great.
If u interest to visit, can bring u in to visit
jyincess P
post Apr 19 2022, 01:38 PM

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Is there are three bedrooms unit left?
erwinlee
post Apr 19 2022, 02:32 PM

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any units left for this development ? Any SA can PM me ?
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post Apr 23 2022, 04:02 PM

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QUOTE(jyincess @ Apr 19 2022, 01:38 PM)
Is there are three bedrooms unit left?
*
Unfortunately no more smile.gif
feizaiII
post Jun 4 2022, 10:05 PM

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user posted image

Credits to GW owner.
shi shi
post Jun 10 2022, 03:34 PM

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QUOTE(feizaiII @ Jun 4 2022, 10:05 PM)
user posted image

Credits to GW owner.
*
Any idea when is the hand-over? hmm.gif
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post Jun 28 2022, 02:24 PM

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Any FB/Telegram group for GW owner?
Calvin Seak
post Jun 28 2022, 04:49 PM

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QUOTE(Han13 @ Jun 28 2022, 02:24 PM)
Any FB/Telegram group for GW owner?
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Yes there is, feizaiII will be in contact with you soon
Calvin Seak
post Jun 28 2022, 04:49 PM

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QUOTE(shi shi @ Jun 10 2022, 03:34 PM)
Any idea when is the hand-over? hmm.gif
*
In the process of handing over at the moment, started 2 weekends ago.. rclxm9.gif rclxm9.gif
Han13 P
post Jun 28 2022, 05:41 PM

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QUOTE(Calvin Seak @ Jun 28 2022, 04:49 PM)
In the process of handing over at the moment, started 2 weekends ago..  rclxm9.gif  rclxm9.gif
*
Handover key already started? understand from the devs, the CCC is still in progress?
Han13 P
post Jun 28 2022, 05:42 PM

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QUOTE(Calvin Seak @ Jun 28 2022, 04:49 PM)
In the process of handing over at the moment, started 2 weekends ago..  rclxm9.gif  rclxm9.gif
*
Ok. Thank you.
Calvin Seak
post Jun 28 2022, 06:18 PM

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QUOTE(Han13 @ Jun 28 2022, 05:41 PM)
Handover key already started? understand from the devs, the CCC is still in progress?
*
Yeah bro, they’re starting from the lower floors for now and by batches

Which floor are you at?
no6
post Jun 29 2022, 10:50 AM

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Nice facilities, mostly bought here for own stay ?

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post Jun 29 2022, 12:13 PM

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QUOTE(Calvin Seak @ Jun 28 2022, 06:18 PM)
Yeah bro, they’re starting from the lower floors for now and by batches

Which floor are you at?
*
Ah i see. i'm at 17th floor bro.
4eyeco
post Jun 29 2022, 01:16 PM

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QUOTE(Calvin Seak @ Jun 28 2022, 06:18 PM)
Yeah bro, they’re starting from the lower floors for now and by batches

Which floor are you at?
*
i called the other day. the lady told me they are starting from top to bottom floors
Calvin Seak
post Jun 29 2022, 02:26 PM

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QUOTE(Han13 @ Jun 29 2022, 12:13 PM)
Ah i see. i'm at 17th floor bro.
*
Should be soon then, can call management and ask too!

QUOTE(4eyeco @ Jun 29 2022, 01:16 PM)
i called the other day. the lady told me they are starting from top to bottom floors
*
Wah! I hope i get mine soon then.. So far the people in the groupchat are all the lower floors thumbup.gif
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post Jun 29 2022, 11:24 PM

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Pay a visit for night view from outside guard house thumbsup.gif thumbsup.gif

https://pictr.com/images/2022/06/29/B9F9jq.md.jpg
cmblueblue
post Jul 2 2022, 09:31 AM

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QUOTE(Calvin Seak @ Jun 28 2022, 04:49 PM)
Yes there is, feizaiII will be in contact with you soon
*
hello, can you kindly include me too, please? thank you
Calvin Seak
post Jul 2 2022, 09:39 AM

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QUOTE(cmblueblue @ Jul 2 2022, 09:31 AM)
hello, can you kindly include me too, please? thank you
*
Hey buddy! I’ll get Charles to PM you, he’s the admin for the channel

We’re currently running a few bulk orders for our units such as

Grills for front door
Electrolux deals
And just recently trying to get time fibre for Goodwood





feizaiII
post Jul 2 2022, 10:24 AM

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QUOTE(cmblueblue @ Jul 2 2022, 09:31 AM)
hello, can you kindly include me too, please? thank you
*
https://www.facebook.com/groups/1356740274751613

Owners who would like to join FB/WhatsApp group please join above FB group.
vernon91
post Jul 22 2022, 02:23 AM

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it seems not much ppl talks about the purposed mrt3 circle line passing by near the entrance beside nexus (Pantai Permai station) and also the next station connecting to exisiting university LRT station

This post has been edited by vernon91: Jul 22 2022, 02:27 AM
JonathanIB
post Jul 22 2022, 10:59 AM

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MRT3 very future haha
Can talk about it la but there already have University station and Kerinchi
SUSsinkiebaharu
post Jul 22 2022, 11:02 AM

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Psf price? Is this FH or LH?
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post Jul 22 2022, 11:45 AM

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QUOTE(sinkiebaharu @ Jul 22 2022, 11:02 AM)
Psf price? Is this FH or LH?
*
Low Density, Leasehold, less than RM800psf
henri surhanto
post Jul 22 2022, 11:59 AM

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QUOTE(JonathanIB @ Jul 22 2022, 10:59 AM)
MRT3 very future haha
Can talk about it la but there already have University station and Kerinchi
*
projek mega adalah untuk generasi akan datang.
marilah kita perjuang untuk wawasan 2222
4eyeco
post Jul 22 2022, 05:55 PM

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QUOTE(vernon91 @ Jul 22 2022, 02:23 AM)
it seems not much ppl talks about the purposed mrt3 circle line passing by near the entrance beside nexus (Pantai Permai station) and also the next station connecting to exisiting university LRT station
*
has it been confirmed that it will pass by the entrance beside nexus?
vernon91
post Jul 22 2022, 09:45 PM

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QUOTE(4eyeco @ Jul 22 2022, 05:55 PM)
has it been confirmed that it will pass by the entrance beside nexus?
*
no, not confirmed, just proposed
Thasmita
post Aug 4 2022, 04:22 AM

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QUOTE(JonathanIB @ Jul 22 2022, 11:45 AM)
Low Density, Leasehold, less than RM800psf
*
I saw a few units advertised at rm 600 psf on Propguru. Guess these are just agents fishing for prospects?
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post Aug 5 2022, 12:05 AM

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I’m planing to buy a unit, may I know why lvl40 penthouse still available? Because normally penthouse would be like sold out during first launching right?
AhBoy~~
post Aug 6 2022, 12:06 AM

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QUOTE(Boo2929 @ Aug 5 2022, 12:05 AM)
I’m planing to buy a unit, may I know why lvl40 penthouse still available? Because normally penthouse would be like sold out during first launching right?
*
if you really want to buy, it will be easy to walk into the sales office and just buy then register a new Lyn account to post you want to buy
Boo2929 P
post Aug 10 2022, 08:48 PM

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QUOTE(AhBoy~~ @ Aug 6 2022, 12:06 AM)
if you really want to buy, it will be easy to walk into the sales office and just buy then register a new Lyn account to post you want to buy
*
Just wanted to get some suggestions and reviews here since I’m a 25 years old plus very first time home buyer. My friends suggested me to discuss on this platform so that I must create a new LYN account to put my little question~ Anywhere, already booked a TYPE B yesterday.
Cavatzu
post Aug 10 2022, 09:29 PM

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QUOTE(Boo2929 @ Aug 5 2022, 12:05 AM)
I’m planing to buy a unit, may I know why lvl40 penthouse still available? Because normally penthouse would be like sold out during first launching right?
*
Not necessarily. The biggest and priciest units are usually the last to go in a development nowadays and usually quite heavily discounted by the developer or you can request for custom designs. The mega penthouse design on top of a number of regular units has in a way gone out of fashion. The trend seems to be either all are large or you’ve got a mixture which isn’t too disparate.

This post has been edited by Cavatzu: Aug 10 2022, 09:30 PM
ParkBoGum
post Aug 11 2022, 12:39 PM

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This post has been edited by ParkBoGum: Aug 11 2022, 12:41 PM
ParkBoGum
post Aug 11 2022, 12:43 PM

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QUOTE(Boo2929 @ Aug 5 2022, 12:05 AM)
I’m planing to buy a unit, may I know why lvl40 penthouse still available? Because normally penthouse would be like sold out during first launching right?
*
Ownstay I guess? Try walk around the area see if you like it. I think it’s fine other than being too pricey for a leasehold 1200sqft unit (900k++)
leemung90 P
post Aug 27 2022, 07:39 PM

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Hello, I am a property newbie here researching property.

I am scouting property to buy in KL. I saw this project rental indication is higher than the installment amount at Propertyguru vs the selling price. I asked the sales there they mentioned still got unit but now handing over the keys.

In Propertyguru, the sell price is RM850k, the installment I saw is RM3486; The rental is RM3700-RM4000.

I am inexperience, can someone enlighten me is it true that the rental higher than the installment?

I am trying to make a purchasing decision.

leemung90 P
post Aug 29 2022, 12:31 AM

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Indeed, it seems to me the rental is there, I searched propertyguru and saw KL Gateway is renting between RM3300-RM4000, with some nice designed unit fetching higher price. Sorry guys, newbie can't post link.

Anyone doing fully designed unit? What is the cost?
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post Aug 29 2022, 08:05 AM

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QUOTE(leemung90 @ Aug 29 2022, 12:31 AM)
Indeed, it seems to me the rental is there, I searched propertyguru and saw KL Gateway is renting between RM3300-RM4000, with some nice designed unit fetching higher price. Sorry guys, newbie can't post link.

Anyone doing fully designed unit? What is the cost?
*
Had a look into the rental prices and I find it a bit suspect with the same stock photos being used for the properties with the exact same price as well as it all being under the one agent.

Perhaps it’s too early days to tell how this place will be received for rental. Since you haven’t bought yet, you can afford to wait a bit more to gauge the reality.

I’m guessing it’s the 1184 sqft variant for 850k? Logically it’s 4 bedrooms and should be able to command above 3.5k but it remains to be seen. To be able to fully cover your instalment and offset some of the management fees is very much desired of course.

This post has been edited by Cavatzu: Aug 29 2022, 09:29 AM
leemung90 P
post Aug 31 2022, 06:58 PM

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QUOTE(Cavatzu @ Aug 29 2022, 08:05 AM)
Had a look into the rental prices and I find it a bit suspect with the same stock photos being used for the properties with the exact same price as well as it all being under the one agent.

Perhaps it’s too early days to tell how this place will be received for rental. Since you haven’t bought yet, you can afford to wait a bit more to gauge the reality.

I’m guessing it’s the 1184 sqft variant for 850k? Logically it’s 4 bedrooms and should be able to command above 3.5k but it remains to be seen. To be able to fully cover your instalment and offset some of the management fees is very much desired of course.
*
Yes, I am looking into Type B with 1200 sq feet variant. That is the reason I register the account and finding out more info.

Like you said, I am also thinking about the RM3500. If based on KL Gateway Premium (i am not familiar with that place), should be able to command some premium over that particular property because it is new?

But based Calvin's map (much thanks to Calvin), this KL Gateway seems to closer to LRT, and the location seems to be more convenient. Perhaps KL Gateway is a have better locations but its facilities are not so good? Yet what is the reason Goodwood seems to have a premium to KL Gateway? Although I saw the range at RM3300-RM4000, but isn't property about location, location, location?

Hmm....I think I will go Bangsar South and scout the area when I am free.

I am still newbie and really have much to learn about property, much thanks for everyone for their reply and informations.
Cavatzu
post Aug 31 2022, 07:19 PM

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QUOTE(leemung90 @ Aug 31 2022, 06:58 PM)
Yes, I am looking into Type B with 1200 sq feet variant. That is the reason I register the account and finding out more info.

Like you said, I am also thinking about the RM3500. If based on KL Gateway Premium (i am not familiar with that place), should be able to command some premium over that particular property because it is new?

But based Calvin's map (much thanks to Calvin), this KL Gateway seems to closer to LRT, and the location seems to be more convenient. Perhaps KL Gateway is a have better locations but its facilities are not so good? Yet what is the reason Goodwood seems to have a premium to KL Gateway? Although I saw the range at RM3300-RM4000, but isn't property about location, location, location?

Hmm....I think I will go Bangsar South and scout the area when I am free.

I am still newbie and really have much to learn about property, much thanks for everyone for their reply and informations.
*
You have the right idea. Ideally a cash flow neutral or positive investment but those are hard to come by IF you buy today. It’s usually opportunistic purchases like fire sales or auctions that give you that opportunity. These are the holy grail of property.

leemung90 P
post Aug 31 2022, 10:07 PM

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QUOTE(Cavatzu @ Aug 31 2022, 07:19 PM)
You have the right idea. Ideally a cash flow neutral or positive investment but those are hard to come by IF you buy today. It’s usually opportunistic purchases like fire sales or auctions that give you that opportunity. These are the holy grail of property.
*
I am quite unsure now. Last time I saw kl gateway premium got RM3300-RM4000, I might be too excited and thought Goodwood might command such a price.

But now after considering what you and Calvin said, I think an average might be better. Or like you said look and see first.

Not too sure it can command RM4000 now, let's see if RM3500 is the level.

Will scout the area first, since KL Gateway I am not familiar and doesn't have a clue aside from the map which I saw nearby LRT and suppose to command a premium compared to Goodwood, but now Goodwood seems to command a premium to KL Gateway.

Is the LRT nearby Goodwood similar to KL Gateway? Walkable distance like 5min too?


leemung90 P
post Sep 5 2022, 01:13 AM

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I heeded your all advise and scout nearby and even arrange a viewing at KL Gateaway today and a quick tour at Goodwood. Time for me to contribute some intel too, hahaha.

Location

I went to see KL Gateway, the location is the best in Bangsar South. From Federal Highway, it is just around the corner. It is also beside and linked with LRT, the agent told me it is LRT University. And it is nearer to the UM, I guessed that's why they named it University. The mall is just below and there are variety of foods. My favourite Subway is opening an outlet there. It is also very visible from Federal Highway.

KL Gateway Location: 5 Stars

Goodwood however is located much inner part of Bangsar South. Need to go straight up the hill then turn at the traffic light, the entrance is not too obvious. If there is traffic jam, it would take sometime just to turn into that juncture. First impression not so good. There is covered walkway to the next mall (Nexus? Or Connection? not sure) but it is just covered walkway, not a linked bridge that covered all nor it is below the condo like KL Gateway, if raining sure get wet. And from there, they mentioned there is another bridge to the offices? Locations wise, I can see if traffic jam with car it would be nightmare. Walking distance to offices is achievable but still 10 minutes walk at least (and no rain). It is also far from UM, unless someone drive (then stuck in the jam) else it would really be a hard sell compare to KL Gateway.

Goodwood Location: 3 Stars

Facility

KL Gateway facility is almost identical to Goodwood, some main facility like Gym, Pool, BBQ area is there. It is not very outlandish but very practical. I personally dislike the pool as it seems to be surrounded by buildings and have no privacy. But what impressed me is the business center there. People can work there or have a lounge to relax. This is a big bonus for working adults as we worked from home and away from the kids and family but not too away. We just need a place to have a cup of coffee and do some work alone before heading upstairs for dinner/lunch. I much prefer a business center and I think working adults would love it too. Get a cup of coffee downstairs and we could start work there.

KL Gateway Facility: 5 Stars (minus the pool)

The first impression I walk into Goodwood I am impressed with the greenery there. There are butterflies flying around and I like the ambience of the resort feeling. The clubhouse is a standalone building which adds better impression. There are a lot of facility around. Unfortunately, it doesn't seems very practical even for a retiree, much less for family adults. The signature Water Fountain is nice but... let's just said I knew it's costly to run. And there is Karaoke, not too sure if it is catering for whom. The multipurpose hall is not impressive but just passable. The garden is nice with a breeze of wind, I still enjoy the butterflies. But from there it is puzzling that a hydrotherapy pool is there. Very puzzling. I am unsure who is going to use it, I myself go physiotherapy and I recognised that the pool is very expansive to maintain. Then there is Mahjong room. No business center, no splashy multipurpose hall, a bit of let down.

Goodwood Facility: Not too sure. Read my conclusions.

Ambience/ Overall feeling

KL Gateway lobby is splashy. It is the 5 Stars hotel style (believe me, I go 5 Stars hotel every week) with spacious sight. The decoration is certainly fit into the kind of high living where you expect things to be 5 stars. Then you will be ushered into the private lift that goes to the unit. The impression I get is that the lift only cater for those private units and not sharing. It is only to your doorsteps. I think it is private lift for every unit? It seems the occupants there are well off or professionals. What I dislike is the small exit to the mall, which seems to me like a shortcut than an exit for this upscale condo. But that is not the main entrance and it doesn't cause bad image to the building, just bring your friend through the main lobby and they would be impressed.

KL Gateway Ambience/ Overall feeling: 5 Stars

Although I am impressed with the Clubhouse and the exterior of it, I am not too impressed with the inside. I think the overall finishing is passable. Not too sure is it my predisposition that Goodwood is luxurious or upscale, I simply unimpressed with the interior. The lift seems to be shared by too many units and the finishing is not too luxurious, giving me an impression it is a midscale one. Perhaps this place is a mid scale project? But I am unsure because the price tag and the rental range indicates otherwise. Honestly, to me it is a letdown. Maybe from the exterior I thought of better interior but... and there isn't much lobby to be presented with. The lobby is just empty and normal. Goodwood is new, and I don't see much occupants, but I have an impression that this might be a family friendly place, just not the upscale luxurious projections I expected.

Goodwood Ambience/ Overall feeling: 3.5 Stars

Conclusion

Before I start my conclusion, I am just a newbie and I just mentioned what I saw, maybe property investment has more considerations that I missed. Some enlightenment and encouragement is welcomed.

I have the feeling that Goodwood have lots of hit and missed. I am confused as to whom is living there, perhaps they are targeting everyone? I even saw Mahjong room, which is something I never seen at any condo. Another facility hydrotherapy pool, this one I think is an over over over-kill offerings, it is needy to someone who needs it, but even me don't really need a hydrotherapy pool despite I am having back pains, because without professionals it would not be advisable to use it. Then the water fountains while it is impressive, it just not practical to open it everyday every moment, then what's for? The facility is as if they are putting everything inside but not much is practical. Perhaps a nice business center and multipurpose hall would be much impressing. But Goodwood is exactly lacking these two. The business center or working space as they put it, is simply a bean bag room. I certainly won't work there. I really hope some modifications could be done or at least rectify it. Perhaps converting one of the rooms into business center or collaborating with physiotherapy center to use the hydrotherapy pool? Overall, facilities are an overkill but non practical.

Location wise, facility wise, ambience wise, I think KL Gateway should command a premium to Goodwood. No doubt. Like Calvin said, the law of demand vs supply and competition dictating the price. If KL Gateway price at that level, Goodwood shouldn't be over it. I don't think that being NEW would be sufficient to compensate what Goodwood is lacking or not offering. Getting someone to pay high price to some unit is lucky, getting everyone to pay high price for every unit is like betting roulette. I doubt the roulette would be good for investors who is not gambler.

My investment decision is based on the rental. Given the situation, the rental I think would be lower or maximum on par with KL Gateway. Some people might prefer a new place and they like the new scent (My boss once told me those are chemical and harmful, hahahaha) and pay a higher rental, but overall market must be taken into consideration. I think RM3500 fully furnished might be a bit too optimistic, even with KL Gateway might be renting the top range of RM4000, like Cavatzu said the RM3500 is remained to be seen, and KL Gateway is asking is at RM3300-RM4000 max with an average of RM3500. There are the doubts I have and I think I will observe first. Being new as a selling point alone doesn't really suits my risk appetite, neither it would suits I think for most property investors, as the new could become the old and the new new comes sooner than we thought, as always. If the rental longevity could not be sustained, it would be pointless to take such a long tenure loans.


user posted image
leemung90 P
post Sep 5 2022, 01:21 AM

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Here is KL Gateway lobby. Sorry for the cleaner in the middle, it is also good indication they are doing cleaning frequently.

It is really 5 Stars feeling. Goodwood doesn't exude this impression.

user posted image
tf1014
post Sep 8 2022, 03:42 PM

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QUOTE(leemung90 @ Sep 5 2022, 01:21 AM)
Here is KL Gateway lobby. Sorry for the cleaner in the middle, it is also good indication they are doing cleaning frequently.

It is really 5 Stars feeling. Goodwood doesn't exude this impression.

user posted image
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this is KL Gateway Premium Residences, not KL Gateway though, these 2 are different.
JustForCheonging
post Sep 11 2022, 05:43 PM

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QUOTE(leemung90 @ Sep 5 2022, 01:13 AM)
I heeded your all advise and scout nearby and even arrange a viewing at KL Gateaway today and a quick tour at Goodwood. Time for me to contribute some intel too, hahaha.

Location

I went to see KL Gateway, the location is the best in Bangsar South. From Federal Highway, it is just around the corner. It is also beside and linked with LRT, the agent told me it is LRT University. And it is nearer to the UM, I guessed that's why they named it University.  The mall is just below and there are variety of foods. My favourite Subway is opening an outlet there. It is also very visible from Federal Highway.

KL Gateway Location: 5 Stars

Goodwood however is located much inner part of Bangsar South. Need to go straight up the hill then turn at the traffic light, the entrance is not too obvious. If there is traffic jam, it would take sometime just to turn into that juncture. First impression not so good. There is covered walkway to the next mall (Nexus? Or Connection? not sure) but it is just covered walkway, not a linked bridge that covered all nor it is below the condo like KL Gateway, if raining sure get wet. And from there, they mentioned there is another bridge to the offices? Locations wise, I can see if traffic jam with car it would be nightmare. Walking distance to offices is achievable but still 10 minutes walk at least (and no rain). It is also far from UM, unless someone drive (then stuck in the jam) else it would really be a hard sell compare to KL Gateway.

Goodwood Location: 3 Stars

Facility

KL Gateway facility is almost identical to Goodwood, some main facility like Gym, Pool, BBQ area is there. It is not very outlandish but very practical. I personally dislike the pool as it seems to be surrounded by buildings and have no privacy. But what impressed me is the business center there. People can work there or have a lounge to relax. This is a big bonus for working adults as we worked from home and away from the kids and family but not too away. We just need a place to have a cup of coffee and do some work alone before heading upstairs for dinner/lunch. I much prefer a business center and I think working adults would love it too. Get a cup of coffee downstairs and we could start work there.

KL Gateway Facility: 5 Stars (minus the pool)

The first impression I walk into Goodwood I am impressed with the greenery there. There are butterflies flying around and I like the ambience of the resort feeling. The clubhouse is a standalone building which adds better impression. There are a lot of facility around. Unfortunately, it doesn't seems very practical even for a retiree, much less for family adults. The signature Water Fountain is nice but... let's just said I knew it's costly to run. And there is Karaoke, not too sure if it is catering for whom. The multipurpose hall is not impressive but just passable. The garden is nice with a breeze of wind, I still enjoy the butterflies. But from there it is puzzling that a hydrotherapy pool is there. Very puzzling. I am unsure who is going to use it, I myself go physiotherapy and I recognised that the pool is very expansive to maintain. Then there is Mahjong room. No business center, no splashy multipurpose hall, a bit of let down.

Goodwood Facility: Not too sure. Read my conclusions.

Ambience/ Overall feeling

KL Gateway lobby is splashy. It is the 5 Stars hotel style (believe me, I go 5 Stars hotel every week) with spacious sight. The decoration is certainly fit into the kind of high living where you expect things to be 5 stars. Then you will be ushered into the private lift that goes to the unit. The impression I get is that the lift only cater for those private units and not sharing. It is only to your doorsteps. I think it is private lift for every unit? It seems the occupants there are well off or professionals. What I dislike is the small exit to the mall, which seems to me like a shortcut than an exit for this upscale condo. But that is not the main entrance and it doesn't cause bad image to the building, just bring your friend through the main lobby and they would be impressed.

KL Gateway Ambience/ Overall feeling: 5 Stars

Although I am impressed with the Clubhouse and the exterior of it, I am not too impressed with the inside. I think the overall finishing is passable. Not too sure is it my predisposition that Goodwood is luxurious or upscale, I simply unimpressed with the interior. The lift seems to be shared by too many units and the finishing is not too luxurious, giving me an impression it is a midscale one. Perhaps this place is a mid scale project? But I am unsure because the price tag and the rental range indicates otherwise. Honestly, to me it is a letdown. Maybe from the exterior I thought of better interior but... and there isn't much lobby to be presented with. The lobby is just empty and normal. Goodwood is new, and I don't see much occupants, but I have an impression that this might be a family friendly place, just not the upscale luxurious projections I expected.

Goodwood Ambience/ Overall feeling: 3.5 Stars

Conclusion

Before I start my conclusion, I am just a newbie and I just mentioned what I saw, maybe property investment has more considerations that I missed. Some enlightenment and encouragement is welcomed.

I have the feeling that Goodwood have lots of hit and missed. I am confused as to whom is living there, perhaps they are targeting everyone? I even saw Mahjong room, which is something I never seen at any condo. Another facility hydrotherapy pool, this one I think is an over over over-kill offerings, it is needy to someone who needs it, but even me don't really need a hydrotherapy pool despite I am having back pains, because without professionals it would not be advisable to use it. Then the water fountains while it is impressive, it just not practical to open it everyday every moment, then what's for? The facility is as if they are putting everything inside but not much is practical. Perhaps a nice business center and multipurpose hall would be much impressing. But Goodwood is exactly lacking these two. The business center or working space as they put it, is simply a bean bag room. I certainly won't work there. I really hope some modifications could be done or at least rectify it. Perhaps converting one of the rooms into business center or collaborating with physiotherapy center to use the hydrotherapy pool? Overall, facilities are an overkill but non practical.

Location wise, facility wise, ambience wise, I think KL Gateway should command a premium to Goodwood. No doubt. Like Calvin said, the law of demand vs supply and competition dictating the price. If KL Gateway price at that level, Goodwood shouldn't be over it. I don't think that being NEW would be sufficient to compensate what Goodwood is lacking or not offering. Getting someone to pay high price to some unit is lucky, getting everyone to pay high price for every unit is like betting roulette. I doubt the roulette would be good for investors who is not gambler.

My investment decision is based on the rental. Given the situation, the rental I think would be lower or maximum on par with KL Gateway. Some people might prefer a new place and they like the new scent (My boss once told me those are chemical and harmful, hahahaha) and pay a higher rental, but overall market must be taken into consideration. I think RM3500 fully furnished might be a bit too optimistic, even with KL Gateway might be renting the top range of RM4000, like Cavatzu said the RM3500 is remained to be seen, and KL Gateway is asking is at RM3300-RM4000 max with an average of RM3500. There are the doubts I have and I think I will observe first. Being new as a selling point alone doesn't really suits my risk appetite, neither it would suits I think for most property investors, as the new could become the old and the new new comes sooner than we thought, as always. If the rental longevity could not be sustained, it would be pointless to take such a long tenure loans.
user posted image
*
Thanks for your lengthy review and really appreciate your effort on this.

From the investment POV, do you think it's feasible in long run?
Cavatzu
post Sep 11 2022, 06:51 PM

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QUOTE(leemung90 @ Sep 5 2022, 01:13 AM)
I heeded your all advise and scout nearby and even arrange a viewing at KL Gateaway today and a quick tour at Goodwood. Time for me to contribute some intel too, hahaha.

Location

I went to see KL Gateway, the location is the best in Bangsar South. From Federal Highway, it is just around the corner. It is also beside and linked with LRT, the agent told me it is LRT University. And it is nearer to the UM, I guessed that's why they named it University.  The mall is just below and there are variety of foods. My favourite Subway is opening an outlet there. It is also very visible from Federal Highway.

KL Gateway Location: 5 Stars

Goodwood however is located much inner part of Bangsar South. Need to go straight up the hill then turn at the traffic light, the entrance is not too obvious. If there is traffic jam, it would take sometime just to turn into that juncture. First impression not so good. There is covered walkway to the next mall (Nexus? Or Connection? not sure) but it is just covered walkway, not a linked bridge that covered all nor it is below the condo like KL Gateway, if raining sure get wet. And from there, they mentioned there is another bridge to the offices? Locations wise, I can see if traffic jam with car it would be nightmare. Walking distance to offices is achievable but still 10 minutes walk at least (and no rain). It is also far from UM, unless someone drive (then stuck in the jam) else it would really be a hard sell compare to KL Gateway.

Goodwood Location: 3 Stars

Facility

KL Gateway facility is almost identical to Goodwood, some main facility like Gym, Pool, BBQ area is there. It is not very outlandish but very practical. I personally dislike the pool as it seems to be surrounded by buildings and have no privacy. But what impressed me is the business center there. People can work there or have a lounge to relax. This is a big bonus for working adults as we worked from home and away from the kids and family but not too away. We just need a place to have a cup of coffee and do some work alone before heading upstairs for dinner/lunch. I much prefer a business center and I think working adults would love it too. Get a cup of coffee downstairs and we could start work there.

KL Gateway Facility: 5 Stars (minus the pool)

The first impression I walk into Goodwood I am impressed with the greenery there. There are butterflies flying around and I like the ambience of the resort feeling. The clubhouse is a standalone building which adds better impression. There are a lot of facility around. Unfortunately, it doesn't seems very practical even for a retiree, much less for family adults. The signature Water Fountain is nice but... let's just said I knew it's costly to run. And there is Karaoke, not too sure if it is catering for whom. The multipurpose hall is not impressive but just passable. The garden is nice with a breeze of wind, I still enjoy the butterflies. But from there it is puzzling that a hydrotherapy pool is there. Very puzzling. I am unsure who is going to use it, I myself go physiotherapy and I recognised that the pool is very expansive to maintain. Then there is Mahjong room. No business center, no splashy multipurpose hall, a bit of let down.

Goodwood Facility: Not too sure. Read my conclusions.

Ambience/ Overall feeling

KL Gateway lobby is splashy. It is the 5 Stars hotel style (believe me, I go 5 Stars hotel every week) with spacious sight. The decoration is certainly fit into the kind of high living where you expect things to be 5 stars. Then you will be ushered into the private lift that goes to the unit. The impression I get is that the lift only cater for those private units and not sharing. It is only to your doorsteps. I think it is private lift for every unit? It seems the occupants there are well off or professionals. What I dislike is the small exit to the mall, which seems to me like a shortcut than an exit for this upscale condo. But that is not the main entrance and it doesn't cause bad image to the building, just bring your friend through the main lobby and they would be impressed.

KL Gateway Ambience/ Overall feeling: 5 Stars

Although I am impressed with the Clubhouse and the exterior of it, I am not too impressed with the inside. I think the overall finishing is passable. Not too sure is it my predisposition that Goodwood is luxurious or upscale, I simply unimpressed with the interior. The lift seems to be shared by too many units and the finishing is not too luxurious, giving me an impression it is a midscale one. Perhaps this place is a mid scale project? But I am unsure because the price tag and the rental range indicates otherwise. Honestly, to me it is a letdown. Maybe from the exterior I thought of better interior but... and there isn't much lobby to be presented with. The lobby is just empty and normal. Goodwood is new, and I don't see much occupants, but I have an impression that this might be a family friendly place, just not the upscale luxurious projections I expected.

Goodwood Ambience/ Overall feeling: 3.5 Stars

Conclusion

Before I start my conclusion, I am just a newbie and I just mentioned what I saw, maybe property investment has more considerations that I missed. Some enlightenment and encouragement is welcomed.

I have the feeling that Goodwood have lots of hit and missed. I am confused as to whom is living there, perhaps they are targeting everyone? I even saw Mahjong room, which is something I never seen at any condo. Another facility hydrotherapy pool, this one I think is an over over over-kill offerings, it is needy to someone who needs it, but even me don't really need a hydrotherapy pool despite I am having back pains, because without professionals it would not be advisable to use it. Then the water fountains while it is impressive, it just not practical to open it everyday every moment, then what's for? The facility is as if they are putting everything inside but not much is practical. Perhaps a nice business center and multipurpose hall would be much impressing. But Goodwood is exactly lacking these two. The business center or working space as they put it, is simply a bean bag room. I certainly won't work there. I really hope some modifications could be done or at least rectify it. Perhaps converting one of the rooms into business center or collaborating with physiotherapy center to use the hydrotherapy pool? Overall, facilities are an overkill but non practical.

Location wise, facility wise, ambience wise, I think KL Gateway should command a premium to Goodwood. No doubt. Like Calvin said, the law of demand vs supply and competition dictating the price. If KL Gateway price at that level, Goodwood shouldn't be over it. I don't think that being NEW would be sufficient to compensate what Goodwood is lacking or not offering. Getting someone to pay high price to some unit is lucky, getting everyone to pay high price for every unit is like betting roulette. I doubt the roulette would be good for investors who is not gambler.

My investment decision is based on the rental. Given the situation, the rental I think would be lower or maximum on par with KL Gateway. Some people might prefer a new place and they like the new scent (My boss once told me those are chemical and harmful, hahahaha) and pay a higher rental, but overall market must be taken into consideration. I think RM3500 fully furnished might be a bit too optimistic, even with KL Gateway might be renting the top range of RM4000, like Cavatzu said the RM3500 is remained to be seen, and KL Gateway is asking is at RM3300-RM4000 max with an average of RM3500. There are the doubts I have and I think I will observe first. Being new as a selling point alone doesn't really suits my risk appetite, neither it would suits I think for most property investors, as the new could become the old and the new new comes sooner than we thought, as always. If the rental longevity could not be sustained, it would be pointless to take such a long tenure loans.
user posted image
*
Thanks for quoting me though I generally try not to give any conclusive statements beyond what I’ve researched or have experienced. So in short we don’t know what we don’t know. I come from a generation where class was very clearly delineated in Malaysian society so I will gravitate towards older addresses. It’s not so much like that nowadays and I may not even be au fait with what’s the in trend location - I still struggle to understand DPC though I know it’s become a resounding success.

But you seem to understand taste so let that be a precursor of your investment but don’t let that be the only thing. Consider everything as an aggregate - a whole piece of the puzzle. There’s people who think a MRT is all that’s needed to make a project successful but it’s great that you’re looking at the finer detail and livability to come up with your own conclusion.

Thasmita
post Sep 11 2022, 10:43 PM

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Super oversupply here.

Plus don’t forget there are other expenses.

Service charges, sinking fund, quit rent, assessment, insurance, agency fees, repairs etc
leemung90 P
post Sep 15 2022, 09:48 PM

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I am back. Today I managed to sneak out of my office (with my boss blessing, hahaha) and managed to pay a visit to Goodwood, managed to visit the management office and the VP to have some chit chat with some new "pal" there.

For the past week, I also called some of the listing. What I encounter I can only describe as bizarre.

Tomorrow I will go Bangsar South area and take a deep look as last time I only managed to visit some outer part area. Cafe, Cafe, Cafe, here I come!
vernon91
post Sep 17 2022, 06:41 PM

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I signed my SPA few days ago, how can i join the owners group?
Ch0wCh0w
post Sep 18 2022, 12:01 AM

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QUOTE(leemung90 @ Sep 15 2022, 09:48 PM)
I am back. Today I managed to sneak out of my office (with my boss blessing, hahaha) and managed to pay a visit to Goodwood, managed to visit the management office and the VP to have some chit chat with some new "pal" there.

For the past week, I also called some of the listing. What I encounter I can only describe as bizarre.

Tomorrow I will go Bangsar South area and take a deep look as last time I only managed to visit some outer part area. Cafe, Cafe, Cafe, here I come!
*
Looking forward to hearing from you!!
Cavatzu
post Sep 18 2022, 01:43 PM

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The rental here does seem to be strong at first glance on the property portals with asking rents of 3.5-4 psf. Need this to settle down first to get a more realistic picture. But if the rents are achievable then this is a cashflow neutral or positive investment property.

This post has been edited by Cavatzu: Sep 18 2022, 01:44 PM
leemung90 P
post Sep 18 2022, 11:12 PM

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There is much to learn in property and I considered myself lucky to have gained experience despite being a newbie here, certainly property is not as straight forward as it seems, thank you all for helping and I am here to share what I gained and what I could. And especially thank for my friend who is willing to spend half day with me to scout Bangsar South, I feel worth to treat him dinner, hahahaha!

I went with my friend to Bangsar South area to do a deep scouting. I dragged my close friend who is a senior property for some public listed co boss and he focus more on commercial side at KLCC and Bangsar area albeit with less focus on residential.

He brought me around (I drive, he talks) and we had a good evening at Papa Rich (seems to be the only one left). The area has few others condos like Secoya, Hillpark, Novum, and along the way there are others developments as well.

After touring the area, we chat about it and what transpired a few days ago.

A few days ago, the rental listings at Propertyguru I tried to call. The situation can be described as bizarre. Most call ends up with agents mentioning the unit has been rented out despite the photos showing bare empty units. Some hung up on me as soon as I mention I want to rent, what a weird listing despite listed for rent.

Some agents are friendly though and they seemed genuinely serious on business, we chatted on the rentals and the situation. They mentioned that the place is new and now not much units been handovered but most are expecting a rental of RM4000 and above, how they arriving at this price juncture is a mystery but most owner insist that is the price level. They seems to be contacted by some parties that offered renovation package and the renovators said that the price could be fetched much higher than market would suggest otherwise. As agents, they could only follow owners instruction and see how the market plays out. One agent lamented that it is a hard sell as his potential tenant turned down the place immediately the potential tenant heard about the rentals at Goodwood.

At the same time, I sneak out to paid a visit again to Goodwood during working hour and managed to make some new friend there. The situation is like this: around 200+ units has been VPed, 80% units sold with Type A sold out. Out of that 200+ units, less than 20 units already moved in.

This contradict directly with the "rented out" narrative that agents mentioned. Why are they doing so? There isn't a slightest clue in my mind... until I met my friend.

"Dude, you are thinking too much!", exclaimed my friend.

My friend and I go around Bangsar South, there are many developments there. He mentioned that UOA isn't the only big player in vicinity. There are MRCB, YTL, IJM, Chin Hin all having their footprint there. There are much supply in term of residential and there will be more. It is all about supply and demand. Supply up, price drop until demand met. Just that simple. No fancy fancy words needed. Target this lah, target that lah, getting higher market rental lah, do airbnb lah, etc etc. And he asked me few question:

"Is there any other residential supply nearby? what is their price?"

"Any restriction on these residential such as airbnb?"

"Who is going to rent and how much they willing to go? Not just indicative but their real ability to pay"

"what is the owners type which is on supply side and do they truly embrace the market?"

I was shocked at the moment and my mind fumbled. Other than the first question (which my friend even jokingly said I am sloppy on that), the other questions I came out blank. Totally blank. No wonder he is the agent of big boss and I a newbie.

I tried to convince him with what I saw, like a good location & linkage to offices, the place is new with a lot of amenities, and the place is targeting higher income earner. He cut me short once he heard the word "targeting".

"Dude, you are thinking too much!", he continued "targeting high income earner but then the rental price so high, the only one that pays are either rich students who doesn't care about spending their parents money or airbnb who doesn't care the facilities maintenance, you call this targeting?" that pretty much shut down my convincing.

"and Lee, that place couldn't rely on being just one factor wow, market must be realistic for both parties the renter and the owner to effect transaction". He then mentioned the building nearby "see that building? it is The Estate and another high end building" It was 8pm and clearly that there aren't many unit lights that lit up. "They demand high rental and now they got their fair share of headache, occupancy is low".

"but a low occupancy won't affect much right?" I asked.

My friend: "wrong, Lee. That means less people will be focusing on that building, agents come and go and that building will be labelled as a hard place. It would be hard to convince for people to help you to sell and you would have hard time to both rent and sell. and if owner are rich, get ready to have more headache"

Me: "alright, what if I get those package from renovator? will it be like what those renovator said that the unit able to rent higher?"

My friend replied curtly: "let me tell you an open secret. Back in those days, many developers want to sell units. They engaged with promoters that open seminars to "teach" how to do property investment and then sell them lower-than-bank value property. Those property price is in fact jacked up. Then the cash back gimmick starts to come along. Recently you saw a lot of compressed loan articles? These are the ones. After some time, even banks don't want to do any more. Developers has no choice, then they do bulk bulk purchase. For first few projects, it did succeed, but after that a lot of projects using same trick got burned. Few years later, they had to change their tactics. You know what, they now talk about cash flow cash flow cash flow, you know why? because those are for suckers. MCO strike and people are afraid of losing rentals. So they adapt at whatever market want and continue to do their seminars. The best part? You had to pay a shitload of money to join these seminars as buy ins, once you joined it there will be package offered. You will definitely take it cause you already paid for the seminars. Now it worked like this, previously it was the property selling, now it was the renovation/airbnb package selling, see the difference? after they execute the package, they promised to find tenants and subsidies the tenant to stay for a while. How they subsidies it? They can even request rebates from the agents, think about that lah! Imagine those owner take out RM70k package, they had been promised RM5-6k, for first two years they get the tenants to cover for them, then the rental follows market rate RM3-4k, this type of scenario I seen too much."

Me:"yet there must be differences between fully furnished nicely renovated unit and a bare empty unit, right?"

My friend:"My boss bought quite a few units at KLCC along with his staffs and friends. All rich guys with listed co background. My boss renovated RM100k and rented it out at RM3k. His staff just rented it out bare at RM2k. The difference of one thousand ringgit. That is in KLCC. Imagine here at Bangsar South. Think about it. For the difference of one thousand, you spending RM100k for it. For your case, even taking whatever package will cost you a whopping RM70k, it is a risky propositions. Big boss has listed company with lots of cash. You do not. And along with it a lots of owners are thinking the same and everyone else doing the same, you think it is easy to fight for the same group of renters who are willing to pay such hefty rent? RM5000 is not a small amount. Look at that building, they want RM7k rental, what they end up with? low occupancy"

Me:"what about the agents? they mentioned they rented out? and with strong demand? (i even showed him some photos)"

My friend: "it matters not. what matters is the restriction. some buildings starts to ban airbnb, some buildings ban students, some ban Africans or blacks. given the proximity of UM around Bangsar South, surely some restriction will be in place for these buildings. Go find out the restrictions then talk. Even someone offered sky high rental, if the building ban it, it is useless. And it's all comes down to demand and supply. Rather than figuring out how much price it can fetch, figure out the factors why other similar building with similar location is fetching that level of pricing. And to answers your confusions, some agents are listing a high high price listing to get owner contacts, if they list low low price meaning they want to get tenant contact and offer them somewhere else."

We chatted for hours, but these are the key things I remembered. I also remembered he did mentioned another project called Cubit around that area. He pointed the construction and showroom and asked me to check out that project if I am interested in that area. There is too much to be digested for me at Goodwood, not to mention another new project research.

Oh yah, I also chatted with him about KL Gateway Premium. He agree with my direction is correct. Much happy to hear it. I hope I can recalled more of the conversation. He did mention something very catchy but I can't remember it.

QUOTE
JustForCheonging
regarding your question, I am in no position to answer it. I shared whatever home work I did and advise from my friend. I think I missed some of his opinions, let me recalled it. I don't remember too much.
leemung90 P
post Sep 19 2022, 12:58 AM

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Finally, I remembered what my friend said:

"Owners can demand any rentals they like, it is important that the interest are aligned and sensible with the market. If market price is RM3000, demanding RM4000 is greed. If only one or few owners are doing this, then it is fine. Owners are human and human make mistakes. If the whole building does it then it is entirely different scenario: Pack your bag and leave. Either they will got hit hard by market or they surely courting trouble from undesirable outcome. From the information you mentioned, there is a lot of greed which is based not on facts but unwarranted wants and hearsay. How they arrived on the current rental asking is based on what owners commitments with cash back plus maintenance. Not supply and demand. Find a more sensible group of owners that have interest of the building in their heart. Be fearful when greedy and be greedy when fearful."
flight
post Sep 19 2022, 01:27 AM

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QUOTE(leemung90 @ Sep 19 2022, 12:58 AM)
Finally, I remembered what my friend said:

"Owners can demand any rentals they like, it is important that the interest are aligned and sensible with the market. If market price is RM3000, demanding RM4000 is greed. If only one or few owners  are doing this, then it is fine. Owners are human and human make mistakes. If the whole building does it then it is entirely different scenario: Pack your bag and leave. Either they will got hit hard by market or they surely courting trouble from undesirable outcome.  From the information you mentioned, there is a lot of greed which is based not on facts but unwarranted wants and hearsay. How they arrived on the current rental asking is based on what owners commitments with cash back plus maintenance. Not supply and demand. Find a more sensible group of owners that have interest of the building in their heart. Be fearful when greedy and be greedy when fearful."
*
I think 95% of the landlord is purely operating for profit.

They can demand whatever rental they want. As long as the market is there, they will be able to fill their units.

If no demand, the whole building will be empty.

For eg: icon city at pj. Buy so expensive, when it was done they wanted to tenant out at high prices. The thing was mostly empty for many years. Now only start to fill up. That is also after rent start to fall.
Cavatzu
post Sep 19 2022, 07:46 AM

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QUOTE(leemung90 @ Sep 19 2022, 12:58 AM)
Finally, I remembered what my friend said:

"Owners can demand any rentals they like, it is important that the interest are aligned and sensible with the market. If market price is RM3000, demanding RM4000 is greed. If only one or few owners  are doing this, then it is fine. Owners are human and human make mistakes. If the whole building does it then it is entirely different scenario: Pack your bag and leave. Either they will got hit hard by market or they surely courting trouble from undesirable outcome.  From the information you mentioned, there is a lot of greed which is based not on facts but unwarranted wants and hearsay. How they arrived on the current rental asking is based on what owners commitments with cash back plus maintenance. Not supply and demand. Find a more sensible group of owners that have interest of the building in their heart. Be fearful when greedy and be greedy when fearful."
*
Big wall of text there friend but I got through it. Well done on doing the research and seeking the counsel of others.

Critical thinking is so necessary to bridge the gap of what we don’t know, the facts we have and the lies we’re told to come up with our own conclusions.

But I think we’ve summed up the biggest aspiration of a property investor - to break even with a profit margin if possible. We’re seeing this at play here but we’re also extremely cognisant of the reality that it is a soft property market and these ads may be wishful thinking.

Perhaps many of the units are still going through reno so the truth will unveil itself in time. So don’t FOMO particularly when there’s still developer units available.

This post has been edited by Cavatzu: Sep 19 2022, 09:45 AM
Thasmita
post Sep 19 2022, 12:26 PM

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QUOTE(leemung90 @ Sep 19 2022, 12:58 AM)
Finally, I remembered what my friend said:

"Owners can demand any rentals they like, it is important that the interest are aligned and sensible with the market. If market price is RM3000, demanding RM4000 is greed. If only one or few owners  are doing this, then it is fine. Owners are human and human make mistakes. If the whole building does it then it is entirely different scenario: Pack your bag and leave. Either they will got hit hard by market or they surely courting trouble from undesirable outcome.  From the information you mentioned, there is a lot of greed which is based not on facts but unwarranted wants and hearsay. How they arrived on the current rental asking is based on what owners commitments with cash back plus maintenance. Not supply and demand. Find a more sensible group of owners that have interest of the building in their heart. Be fearful when greedy and be greedy when fearful."
*
Well said

Most of the newer developments in kg kerinchi is overpriced

Many believe by renaming kg kerinchi into Bangsar south - prices can be inflated several folds over


Well pre pandemic everyone was riding the compressed loan roller coaster - and prices peaked artificially.

Now reality has sunk in but I still see new developments being over priced
zhiyang
post Sep 25 2022, 06:53 PM

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Hi neighbours , please pm me or anyone I can pm to join the owner telegram group, have just booked a unit , can't wait!
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post Sep 25 2022, 10:21 PM

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QUOTE(Thasmita @ Sep 19 2022, 12:26 PM)
Well said

Most of the newer developments in kg kerinchi is overpriced

Many believe by renaming kg kerinchi into Bangsar south - prices can be inflated several folds over
Well pre pandemic everyone was riding the compressed loan roller coaster - and prices peaked artificially.

Now reality has sunk in but I still see new developments being over priced
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kesian... having affordability issue?

leemung90 P
post Oct 4 2022, 02:30 AM

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QUOTE(leemung90 @ Sep 18 2022, 11:12 PM)
There is much to learn in property and I considered myself lucky to have gained experience despite being a newbie here, certainly property is not as straight forward as it seems, thank you all for helping and I am here to share what I gained and what I could. And especially thank for my friend who is willing to spend half day with me to scout Bangsar South, I feel worth to treat him dinner, hahahaha!

I went with my friend to Bangsar South area to do a deep scouting. I dragged my close friend who is a senior property for some public listed co boss and he focus more on commercial side at KLCC and Bangsar area albeit with less focus on residential.

He brought me around (I drive, he talks) and we had a good evening at Papa Rich (seems to be the only one left). The area has few others condos like Secoya, Hillpark, Novum, and along the way there are others developments as well.

After touring the area, we chat about it and what transpired a few days ago.

A few days ago, the rental listings at Propertyguru I tried to call. The situation can be described as bizarre. Most call ends up with agents mentioning the unit has been rented out despite the photos showing bare empty units. Some hung up on me as soon as I mention I want to rent, what a weird listing despite listed for rent.

Some agents are friendly though and they seemed genuinely serious on business, we chatted on the rentals and the situation. They mentioned that the place is new and now not much units been handovered but most are expecting a rental of RM4000 and above, how they arriving at this price juncture is a mystery but most owner insist that is the price level. They seems to be contacted by some parties that offered renovation package and the renovators said that the price could be fetched much higher than market would suggest otherwise. As agents, they could only follow owners instruction and see how the market plays out. One agent lamented that it is a hard sell as his potential tenant turned down the place immediately the potential tenant heard about the rentals at Goodwood.

At the same time, I sneak out to paid a visit again to Goodwood during working hour and managed to make some new friend there. The situation is like this: around 200+ units has been VPed, 80% units sold with Type A sold out. Out of that 200+ units, less than 20 units already moved in.

This contradict directly with the "rented out" narrative that agents mentioned. Why are they doing so? There isn't a slightest clue in my mind... until I met my friend.

"Dude, you are thinking too much!", exclaimed my friend.

My friend and I go around Bangsar South, there are many developments there. He mentioned that UOA isn't the only big player in vicinity. There are MRCB, YTL, IJM, Chin Hin all having their footprint there. There are much supply in term of residential and there will be more. It is all about supply and demand. Supply up, price drop until demand met. Just that simple. No fancy fancy words needed. Target this lah, target that lah, getting higher market rental lah, do airbnb lah, etc etc. And he asked me few question:

"Is there any other residential supply nearby? what is their price?"

"Any restriction on these residential such as airbnb?"

"Who is going to rent and how much they willing to go? Not just indicative but their real ability to pay"

"what is the owners type which is on supply side and do they truly embrace the market?"

I was shocked at the moment and my mind fumbled. Other than the first question (which my friend even jokingly said I am sloppy on that), the other questions I came out blank. Totally blank. No wonder he is the agent of big boss and I a newbie.

I tried to convince him with what I saw, like a good location & linkage to offices, the place is new with a lot of amenities, and the place is targeting higher income earner. He cut me short once he heard the word "targeting".

"Dude, you are thinking too much!", he continued "targeting high income earner but then the rental price so high, the only one that pays are either rich students who doesn't care about spending their parents money or airbnb who doesn't care the facilities maintenance, you call this targeting?" that pretty much shut down my convincing.

"and Lee, that place couldn't rely on being just one factor wow, market must be realistic for both parties the renter and the owner to effect transaction". He then mentioned the building nearby "see that building? it is The Estate and another high end building" It was 8pm and clearly that  there aren't many unit lights that lit up. "They demand high rental and now they got their fair share of headache, occupancy is low".

"but a low occupancy won't affect much right?" I asked.

My friend: "wrong, Lee. That means less people will be focusing on that building, agents come and go and that building will be labelled as a hard place. It would be hard to convince for people to help you to sell and you would have hard time to both rent and sell. and if owner are rich, get ready to have more headache"

Me: "alright, what if I get those package from renovator? will it be like what those renovator said that the unit able to rent higher?"

My friend replied curtly: "let me tell you an open secret. Back in those days, many developers want to sell units. They engaged with promoters that open seminars to "teach" how to do property investment and then sell them lower-than-bank value property. Those property price is in fact jacked up. Then the cash back gimmick starts to come along. Recently you saw a lot of compressed loan articles? These are the ones. After some time, even banks don't want to do any more. Developers has no choice, then they do bulk bulk purchase. For first few projects, it did succeed, but after that a lot of projects using same trick got burned. Few years later, they had to change their tactics. You know what, they now talk about cash flow cash flow cash flow, you know why? because those are for suckers. MCO strike and people are afraid of losing rentals. So they adapt at whatever market want and continue to do their seminars. The best part? You had to pay a shitload of money to join these seminars as buy ins, once you joined it there will be package offered. You will definitely take it cause you already paid for the seminars. Now it worked like this, previously it was the property selling, now it was the renovation/airbnb package selling, see the difference? after they execute the package, they promised to find tenants and subsidies the tenant to stay for a while. How they subsidies it? They can even request rebates from the agents, think about that lah! Imagine those owner take out RM70k package, they had been promised RM5-6k, for first two years they get the tenants to cover for them, then the rental follows market rate RM3-4k, this type of scenario I seen too much."

Me:"yet there must be differences between fully furnished nicely renovated unit and a bare empty unit, right?"

My friend:"My boss bought quite a few units at KLCC along with his staffs and friends. All rich guys with listed co background. My boss renovated RM100k and rented it out at RM3k. His staff just rented it out bare at RM2k. The difference of one thousand ringgit. That is in KLCC. Imagine here at Bangsar South. Think about it. For the difference of one thousand, you spending RM100k for it. For your case, even taking whatever package will cost you a whopping RM70k, it is a risky propositions. Big boss has listed company with lots of cash. You do not. And along with it a lots of owners are thinking the same and everyone else doing the same, you think it is easy to fight for the same group of renters who are willing to pay such hefty rent? RM5000 is not a small amount. Look at that building, they want RM7k rental, what they end up with? low occupancy"

Me:"what about the agents? they mentioned they rented out? and with strong demand? (i even showed him some photos)"

My friend: "it matters not. what matters is the restriction. some buildings starts to ban airbnb, some buildings ban students, some ban Africans or blacks. given the proximity of UM around Bangsar South, surely some restriction will be in place for these buildings. Go find out the restrictions then talk. Even someone offered sky high rental, if the building ban it, it is useless. And it's all comes down to demand and supply. Rather than figuring out how much price it can fetch, figure out the factors why other similar building with similar location is fetching that level of pricing. And to answers your confusions, some agents are listing a high high price listing to get owner contacts, if they list low low price meaning they want to get tenant contact and offer them somewhere else."

We chatted for hours, but these are the key things I remembered. I also remembered he did mentioned another project called Cubit around that area. He pointed the construction and showroom and asked me to check out that project if I am interested in that area. There is too much to be digested for me at Goodwood, not to mention another new project research.

Oh yah, I also chatted with him about KL Gateway Premium. He agree with my direction is correct. Much happy to hear it. I hope I can recalled more of the conversation. He did mention something very catchy but I can't remember it.

regarding your question, I am in no position to answer it. I shared whatever home work I did and advise from my friend. I think I missed some of his opinions, let me recalled it. I don't remember too much.
*
Got my replacement leave after 2 weekend working. Pity me only got replacement leave on these 2 days. At very least I can work on this side side project.

My friend was prescient. He was right to point out these questions:

QUOTE
"Is there any other residential supply nearby? what is their price?"


Apparently, there are a lot of supply nearby. This issue came up when I went searching for rent with agents. A lots of name float up: The Estate, The Park, Goodwood, KL Gateway Premium, Secoya, Camelia, South Link, etc etc. I can't remember that much. Most agents feedback there are supply of units due to most tenancy being signed just after the borders reopen and the lease is now up to renewal. The assessment of mine is a bit too optimistic on nearby properties where I once thought KL Gateway Premium might fetch RM4000. Most agents told me for a 1200 sq feet unit fully furnished it would only fetch RM3300-RM3500 range. That is the type of layout I am aiming to invest.

I now consider it unlikely that on long term basis this price level is sustainable. I suspect some nearby property rental might start to drop. One agent that recommend Camelia (the one next to Goodwood) mentioned that the price there is dropping due to competition from Goodwood and they are starting to advise owner to lower their price. They said it used to fetch RM4000 range for a 1400 sq feet unit but now only RM3500-RM3700.

As uncomfortable as it sounds, it is unlikely price would suddenly recovered as there are no new "border reopening" or "UM reopening" as I would found out in the below.


QUOTE
"Any restriction on these residential such as airbnb?"


YES. My friend was very very sharp on this issue. It came to me that after this question was asked, I found out there are restriction on FOREIGN STUDENTS. I chat with some agents and make inquiry on this issue, their feedback is that most owners don't care as long as the foreign student pay as much as they request, ie, a premium. sad.gif for other owners that are renting out, their concern is that their neighbour might complain so they mentioned this when it comes to tenant selection. Some own stays owner, they are very particular on this issue as it was promised on the SNP. Sorry for breaking the bad news but I remembered someone once showed me profile about renting to UM.

There seems to be some issues with surrounding buildings as well on tenant profile mix. A few years ago there are large influx of different quality tenants and most buildings nearby experience a boom in rental. But then when MCO/COVID came a lot of issue crop up and affected these buildings and some buildings have legal cases/ dispute with tenants as a group From the feedback of agents, the owners around these area are especially concerned on tenant profile nowadays. Agents pointed out to me some building started to ban airbnb due to these tenants profile issue.


QUOTE
"Who is going to rent and how much they willing to go? Not just indicative but their real ability to pay"
It seems my friend is pointing out to another issue: The REAL ability to pay. Yes, some tenant can pay high and above market rental. Just pay, no question asked, no haggling. Then the police came knocking with a myriad of questions after busting the unit. With the door broken, the unit sealed up for investigation and lots of trash. rclxub.gif Or tenants could otherwise pay high rental only to default sooner-than-expected and get "free stay" as long as the owner inability to evict. Caveat Emptor.



QUOTE
"what is the owners type which is on supply side and do they truly embrace the market?"


I didn't know that owner can just leave the building empty just like that until someone here pointed out with example. I thought owner are realistic and will operate on a demand/supply basis. OK, lesson learned. We now knew there are answer to this question now. shakehead.gif and the answer though it might be unpleasant we mustn't ignore it. I just had dinner with my friend and I didn't recalled much details. But I hope these information is helpful. Quite unlikely I would invest in the project but the other subsale around this area might worth looking.


Cavatzu
post Oct 4 2022, 09:09 AM

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Well done on the insightful research. I think the bottom line is that you only have an ideal investment scenario when you have both affluent locals and expats vying for the property ie DPC, MK. If it’s single purpose like only catering to expats then it’s a bit questionable as affluent locals would not be a fan of this area. Failing that, pay below market price for it.
LGKR
post Oct 21 2022, 09:25 AM

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Hi everyone, Im planning to purchase a unit in Goodwood Residence. I understand if a "friend" have bought a UOB property before and refer his/her "friend" will get a further discount which the so called terms "referral fee"...I would like to know who wants to earns some extra $$$$ together please let me know asap as I'm about to place booking. Terms is 30/70.
AskarPerang
post Oct 23 2022, 07:49 AM

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Gorila_
post Oct 23 2022, 09:25 AM

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QUOTE(LGKR @ Oct 21 2022, 09:25 AM)
Hi everyone, Im planning to purchase a unit in Goodwood Residence. I understand if a "friend" have bought a UOB property before and refer his/her "friend" will get a further discount which the so called terms "referral fee"...I would like to know who wants to earns some extra $$$$ together please let me know asap as I'm about to place booking. Terms is 30/70.
*
Just to enlighten everyone. Sharing refferal fees is good. However it is subjected to LHDN taxation. 30% for the previous owner means he/she will be left with 6-8 % only. As 22-24% will be taxed. 30% will put the refferee in a bad position.


Further more, it'll add around 7-8k into taxable income and risk pushing tax bracket even higher.

Just my rm0.02.
utopia86
post Nov 1 2022, 04:37 PM

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Hi house owner, i would like to ask how is the workmanship for Goodwood residency? I am planning to buy it, hopefully can get some insight from those has collected key.
RedDevils88
post Nov 7 2022, 11:08 AM

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QUOTE(utopia86 @ Nov 1 2022, 04:37 PM)
Hi house owner, i would like to ask how is the workmanship for Goodwood residency? I am planning to buy it, hopefully can get some insight from those has collected key.
*
workmanship i would say it is on the better side, you can feel it through how the tiles were laid, walls, common areas etc.

i myself as an agent is also looking at Type B2 for own stay at the moment.
utopia86
post Nov 7 2022, 01:33 PM

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QUOTE(RedDevils88 @ Nov 7 2022, 11:08 AM)
workmanship i would say it is on the better side, you can feel it through how the tiles were laid, walls, common areas etc.

i myself as an agent is also looking at Type B2 for own stay at the moment.
*
Thanks ya.
Are you certainly going to buy one for own stay? Why now since it was launched years ago?
langstrasse
post Nov 13 2022, 12:32 AM

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For those who decided to purchase here, can you share what other alternatives you considered and why did you chose goodwood?
Cavatzu
post Nov 26 2022, 08:28 AM

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Are there any BMI >30 owners here?

Can you fit through the toilet door or need to walk sideways?
Ch0wCh0w
post Nov 26 2022, 11:34 AM

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Any owners willing to share the workmanship for this project please? Are there any weird kinks or small doors
chiasoon93 P
post Dec 14 2022, 11:23 AM

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Hey anyone interested to buy can pm me, . i can share you referral 65% and me 35% without tax~
Tlyn P
post Dec 28 2022, 05:31 AM

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Joined: Dec 2022
Hi, can add me to the group to? As also trying to install grills and get electrical stuff. Thanks.

QUOTE(Calvin Seak @ Jul 2 2022, 09:39 AM)
Hey buddy! I’ll get Charles to PM you, he’s the admin for the channel

We’re currently running a few bulk orders for our units such as

Grills for front door
Electrolux deals
And just recently trying to get time fibre for Goodwood
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SUSEast is Rich
post Dec 28 2022, 06:49 AM

Getting Started
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Junior Member
125 posts

Joined: Dec 2022
From: Chyna builds kingdom instead of BS about freedom
Bangsar South. This place traffic jam heavy ?
Tlyn P
post Dec 28 2022, 02:41 PM

New Member
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Probation
4 posts

Joined: Dec 2022
I can give u snapshot of s&p but I don't feel comfortable giving IC. Or I can blank out details just to let you see the names.
AskarPerang
post Jan 14 2023, 05:30 PM

~tUPaI...~
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All Stars
23,688 posts

Joined: Aug 2007
From: Outer Space




vernon91
post Jan 15 2023, 03:36 PM

Maki-chan
*******
Senior Member
4,549 posts

Joined: Nov 2009
can someone invite me to the owners group?
Chanzeryl
post Jan 29 2023, 06:29 PM

On my way
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Junior Member
646 posts

Joined: Jan 2023
Another property for mainly for investment.

Hopefully owners will be able to rent out soon.

Leasehold not easy to sell after 5 years when coupled with wear and tear level of the common facilities.
kanghou
post Feb 5 2023, 07:39 PM

New Member
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Junior Member
13 posts

Joined: Aug 2008
Hi I just sign snp today, the goodwood residence got any owner whapps group?
ivanivanlimlim
post Feb 13 2023, 11:54 AM

New Member
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Junior Member
13 posts

Joined: Aug 2022
Hi, any owner wants to rent their Goodwood room? Please let me know about it, I have some tenants looking for it.

kapachiang P
post Feb 14 2023, 12:11 AM

New Member
*
Probation
1 posts

Joined: Feb 2023
looking for a unit here, for 1206sqft, any owner selling?
ivanivanlimlim
post Feb 15 2023, 05:21 PM

New Member
*
Junior Member
13 posts

Joined: Aug 2022
QUOTE(kapachiang @ Feb 14 2023, 12:11 AM)
looking for a unit here, for 1206sqft, any owner selling?
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please leave your contact details.
unitygames321
post Sep 9 2023, 01:52 PM

New Member
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Newbie
18 posts

Joined: Oct 2016


Hi there can I get access to the owners group chat or fb page. Just got the VP recently
DrPitchard
post Oct 12 2023, 05:28 PM

Look at all my stars!!
*******
Senior Member
2,094 posts

Joined: Apr 2007


A bit of a waste not to have any sky lounge, given it's literally right beside Bukit Gasing, a massive 200-acre forest reserve.



leghair
post Nov 24 2023, 12:22 AM

New Member
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Junior Member
7 posts

Joined: May 2010
Drop me a whatsapp . I the balance direct from developer unit to let go. around 10 units left include B2 layouts

zero.1.two - six.5.5.seven.eight.zero.four

 

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