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Investment D'VERVAIN RESIDENCES @ CENTRAL PARK DAMANSARA, The Integrated City of Damansara

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propertyowner
post Jun 13 2021, 12:53 PM

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QUOTE(ryan@chua @ Jun 12 2021, 10:09 PM)
Avoid car park lot at high floor. Imagine you have to go so many rounds daily. Totally spoil your mood
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Hard to avoid as generally all lower priced/smaller sized units in the market will be slotted with car parks at 5th to 8th floors
iskandawr P
post Jun 15 2021, 10:55 AM

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QUOTE(einoom @ Jun 12 2021, 01:42 PM)
3. I think if u want greenary can inform ur agent and let him know. Usually there will be some release units. It was same case for me.
I saw vervain last year but wasnt keen yet. I only finally made decision to book a unut at Derica last 2 weeks. But at that time they dnt hv t unit wt balcony facing green, only those facing t other tower n facilities which im not keen at all. But agent told me if i really want, he will look out for any loan reject unit that opens up n let me know. Waited 3 days and got 1 unit open up which fit my requirement.
So, u never know. Can always try.

2. As for floor level. I would recommend not to take the highest right below roof.. but instead go for 3-5 units below roof level. Sometimes roof level of not treated properly, your unit will be hot or prone to leak due to the expose slab above. Pros of high floor is better sun light n far frm noise below. Cons is higher priced unit n lift travel times.
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1. As for t construction site opposite vervain, i heard one of it is affordable homes.. pre launching now, and anothrr is commercial plot. Which no confirmed date yet. So, this one is for u to decide.
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So far my agent is pretty helpful la. Any question I have they will find out for me. Hence ask ur agent to keep alook out for a unit u want, if they dont or cant help, there are plenty of other agents selling this same project who are willing to do so. But also keep in mind this project is launched last year.. now mostly has signed SNP already. Construction works when I droved around the site last week is alredy starting carpark level.
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Thanks for all your tips! I've looked for so many properties and so many agents now. I totally lost interest in talking to agents already. From my experience, they only tell nice and positive things about the projects. They never tell me any of my concerns, but they never lie la. if I ask, they answer honestly. but if they know something would stop me from a deal confirm they wont tell me. Very hard for me to trust my agents. I just want someone to really understand and help me find my perfect home not just simply try to close whatever deal they have - not that i blame them.
infernape772
post Jun 15 2021, 03:03 PM

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QUOTE(iskandawr @ Jun 15 2021, 10:55 AM)
Thanks for all your tips! I've looked for so many properties and so many agents now. I totally lost interest in talking to agents already. From my experience, they only tell nice and positive things about the projects. They never tell me any of my concerns, but they never lie la. if I ask, they answer honestly. but if they know something would stop me from a deal confirm they wont tell me. Very hard for me to trust my agents. I just want someone to really understand and help me find my perfect home not just simply try to close whatever deal they have - not that i blame them.
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Unfortunately that's how sales works nowadays. Being too honest does not generate more sales lol. Same with anything else, nobody is going to sell you something based on the negative aspects of it, so it is really up to ourselves to do our own due diligence. Properties are arguably the largest purchases anyone will make in their lives, don't buy property like buy kangkung in pasar. Spend as much as time as you can to do research, go to site, ask all the questions, explore the neighborhood and ask people who stay nearby. It is only when you have close to 0 doubt should you consider placing booking. Never worry that you'll miss out, there is always another better property out there for everyone.
einoom P
post Jun 20 2021, 11:39 AM

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QUOTE(iskandawr @ Jun 15 2021, 10:55 AM)
Thanks for all your tips! I've looked for so many properties and so many agents now. I totally lost interest in talking to agents already. From my experience, they only tell nice and positive things about the projects. They never tell me any of my concerns, but they never lie la. if I ask, they answer honestly. but if they know something would stop me from a deal confirm they wont tell me. Very hard for me to trust my agents. I just want someone to really understand and help me find my perfect home not just simply try to close whatever deal they have - not that i blame them.
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Haha, thats how it works lo.
I also looked at more than 20 units d. But if for own stay, always go to the site, explore t area as well, or mayb rent a air bnb nearby for a few days to see if u like the area, buying a house its not cheap, so dont expect it to be done deal so fast.
In t end, just do your research well, dont commit if youre not comfortable. Panic buying is unecessary. 😀
CloudAtla$
post Jun 20 2021, 01:07 PM

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there is only 1 access road to the whole new development and it also serving highly density flora damansara and another housing. Any traffic planning or upgrading to the existing road. If no upgrading. it will be very traffic congested. Any one can advise on the traffic circulation?
AFZAARTING
post Jul 4 2021, 05:07 PM

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QUOTE(CloudAtla$ @ Jun 20 2021, 01:07 PM)
there is only 1 access road to the whole new development and  it also serving highly density flora damansara and another housing. Any traffic planning or upgrading to the existing road. If no upgrading. it will be very traffic congested. Any one can advise on the traffic circulation?
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Connectivity & Accessibility Flythrough Video by EXISM

https://youtu.be/1tvm9g7oLrw

https://youtu.be/Wv2ALBvoAbA
thurtin
post Jul 5 2021, 02:27 PM

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QUOTE(CloudAtla$ @ Jun 20 2021, 01:07 PM)
there is only 1 access road to the whole new development and  it also serving highly density flora damansara and another housing. Any traffic planning or upgrading to the existing road. If no upgrading. it will be very traffic congested. Any one can advise on the traffic circulation?
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As someone who has lived in Damansara Perdana for the last 10 years, I can tell you this will potentially be the biggest nightmare.

Pre-covid, the Jalan PJU 8/8 access road is jammed with people from flora damansara, empire damansara studios and metropolitan square trying to get out to the four-cross traffic light during morning rush hour. Sometimes it’s a 10 mins wait. Sometimes it’s a 30 mins wait. If there is an access road to cross over to the empire city side to exit from there, that could help.

The same traffic light is also a nightmare during the evening rush hour. It gets even worse when it rains. Even getting to the lights can be backlogged all the way to the LDP, Penchala and Curve area. Maybe this was because of the construction with the DASH highway but I doubt it can be any better when it’s done.

On a side note, I think anyone thinking to buy here or any of the D series for investment should think long and hard. There is already an oversupply of condos in the Damansara Perdana area. Rent yields have been down a lot for the past few years. Even prices have dropped a fair bit. The entire profile of the area is really catered towards young working adults or families. There are no unis/colleges nearby and the nearest train station at Curve is at least a 20 mins walk.

I am also very skeptical with how empire city mall can be revived when it was dead on arrival in the first place. Curve and IPC is just hanging on with the F&B biz only doing ok. E-curve had to close. 1U just killed every other mall in the area since they had the 2nd wing.



VincentCS
post Jul 6 2021, 04:35 PM

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QUOTE(thurtin @ Jul 5 2021, 02:27 PM)
As someone who has lived in Damansara Perdana for the last 10 years, I can tell you this will potentially be the biggest nightmare.

Pre-covid, the Jalan PJU 8/8 access road is jammed with people from flora damansara, empire damansara studios and metropolitan square trying to get out to the four-cross traffic light during morning rush hour. Sometimes it’s a 10 mins wait. Sometimes it’s a 30 mins wait. If there is an access road to cross over to the empire city side to exit from there, that could help.

The same traffic light is also a nightmare during the evening rush hour. It gets even worse when it rains. Even getting to the lights can be backlogged all the way to the LDP, Penchala and Curve area. Maybe this was because of the construction with the DASH highway but I doubt it can be any better when it’s done.

On a side note, I think anyone thinking to buy here or any of the D series for investment should think long and hard. There is already an oversupply of condos in the Damansara Perdana area. Rent yields have been down a lot for the past few years. Even prices have dropped a fair bit. The entire profile of the area is really catered towards young working adults or families. There are no unis/colleges nearby and the nearest train station at Curve is at least a 20 mins walk.

I am also very skeptical with how empire city mall can be revived when it was dead on arrival in the first place. Curve and IPC is just hanging on with the F&B biz only doing ok. E-curve had to close. 1U just killed every other mall in the area since they had the 2nd wing.
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Now with the supply of D'Vine, hu la lah rclxms.gif

yesterday briefed by my agent: 490psf, 550sqft all same type, SPA price only 270K

when VP they could throw rent RM1,000 ...

good luck to other studios or soho there.

Even own stay also will suffer the high traffic jam caused by residential units, not to mention the upcoming commercial hub.
silon01
post Jul 6 2021, 06:29 PM

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On the bright side, everyone agreed that this place will be populated once it is completed and this is exactly Exsim's intention at the first place.

Sounds like a good place for commercial, when will the shoplot open up for sales? Commercial with 10k neighbourhood around you, sound interesting.
digitalz
post Jul 6 2021, 09:15 PM

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QUOTE(VincentCS @ Jul 6 2021, 04:35 PM)
Now with the supply of D'Vine, hu la lah  rclxms.gif

yesterday briefed by my agent: 490psf, 550sqft all same type, SPA price only 270K

when VP they could throw rent RM1,000 ...

good luck to other studios or soho there.

Even own stay also will suffer the high traffic jam caused by residential units, not to mention the upcoming commercial hub.
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Don't need to wait that long. Empire city, neo, ritze, etc are already going around that range or lower.
jetzxp
post Jul 6 2021, 11:21 PM

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QUOTE(digitalz @ Jul 6 2021, 09:15 PM)
Don't need to wait that long. Empire city, neo, ritze, etc are already going around that range or lower.
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Neo are still at 1.1k to 1.4k depends on furnishing. Bare unfurnished unit at rm900 to 1k.
thurtin
post Jul 7 2021, 12:42 AM

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QUOTE(VincentCS @ Jul 6 2021, 04:35 PM)
Now with the supply of D'Vine, hu la lah  rclxms.gif

yesterday briefed by my agent: 490psf, 550sqft all same type, SPA price only 270K

when VP they could throw rent RM1,000 ...

good luck to other studios or soho there.

Even own stay also will suffer the high traffic jam caused by residential units, not to mention the upcoming commercial hub.
*
Good luck to all. High chance that it will be a bloodbath for those buying for investment. The race to the bottom has already begun. Hope it doesn't end up to become the next flora damansara.

For those buying for own stay, it's probably ok as a first or transitional home... until it's not.

FYI, there is another big project with condos (500 units), townhouse and bungalows by mk land on the kepong side of bukit lanjan, close by to damansara foresta planned as well.
Babizz
post Jul 7 2021, 12:07 PM

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QUOTE(thurtin @ Jul 6 2021, 10:42 AM)
Good luck to all. High chance that it will be a bloodbath for those buying for investment. The race to the bottom has already begun. Hope it doesn't end up to become the next flora damansara. 

For those buying for own stay, it's probably ok as a first or transitional home... until it's not.

FYI, there is another big project with condos (500 units), townhouse and bungalows by mk land on the kepong side of bukit lanjan, close by to damansara foresta planned as well.
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+100. Good luck is the best advice to give! It's okay investor say this developer sure untung.
propertyowner
post Jul 7 2021, 01:53 PM

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QUOTE(thurtin @ Jul 7 2021, 12:42 AM)
Good luck to all. High chance that it will be a bloodbath for those buying for investment. The race to the bottom has already begun. Hope it doesn't end up to become the next flora damansara. 

For those buying for own stay, it's probably ok as a first or transitional home... until it's not.

FYI, there is another big project with condos (500 units), townhouse and bungalows by mk land on the kepong side of bukit lanjan, close by to damansara foresta planned as well.
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500 units is big? More like inaccurate info as MK will usually make it in thousand units
thurtin
post Jul 7 2021, 02:13 PM

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QUOTE(propertyowner @ Jul 7 2021, 01:53 PM)
500 units is big? More like inaccurate info as MK will usually make it in thousand units
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Photos attached. Judge for yourself if it’s a big, medium or small development. If you have more accurate info, feel free to share it here.

user posted image
user posted image
user posted image
propertyowner
post Jul 7 2021, 05:06 PM

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QUOTE(thurtin @ Jul 7 2021, 02:13 PM)
Photos attached. Judge for yourself if it’s a big, medium or small development. If you have more accurate info, feel free to share it here.
500 is definitely small and low dense somemore it is by 2 towers so it will be sky units with sizable build up to get max exposure on the views.

Whilst other terraced aims for duplex and 3 storeys that make up another less than 100 units. Can't say it is master plan development unless there's planned amenities.

Altogether it is still small and low dense and likely to be priced over million & millions. Thx for sharing anyway.
digitalz
post Jul 8 2021, 05:41 PM

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If I remember correctly, this access for this project will be from DP side which is similar to the Raflessia project (see the address of the land too).

Not really from BSD side for this one. It's the extension of the Rafflesia project apparently. This one will be expensive due to the low density.
VincentCS
post Jul 8 2021, 09:20 PM

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QUOTE(propertyowner @ Jul 7 2021, 05:06 PM)

Altogether it is still small and low dense and likely to be priced over million & millions. Thx for sharing anyway.
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For sure. 500 units is definitely premium low dense. I'll be surprised if below 900k nett
AFZAARTING
post Jul 11 2021, 03:24 AM

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MK land finishing is rubbish.
I'm buying cheap D'Vervain 270k for own stay.
Got future park beside apartment. With shopping complex in front, can walk to Masjid, can walk to KPJ Damansara 2. Can walk to floating garden.
With all negative comments, I will just laugh.

This post has been edited by AFZAARTING: Jul 11 2021, 03:27 AM
milansq
post Jul 15 2021, 12:57 PM

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https://www.theedgemarkets.com/article/nest...pment-damansara

KUALA LUMPUR (July 14): Nestcon Bhd has bagged a RM31.34 million contract to carry out rock stabilisation works at a mixed development on a 61-acre site in Damansara Perdana.

In a bourse filing, the group said the development includes construction of 20 blocks of office towers, five blocks of serviced apartments and SoHo, six blocks of serviced apartments and affordable homes business spaces, hotel and private school.

This post has been edited by milansq: Jul 15 2021, 12:58 PM

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