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Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project

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Bjorn1688
post Feb 8 2019, 03:27 AM

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QUOTE(BEANCOUNTER @ Feb 4 2019, 01:01 PM)
one sifu told me....never buy anything in the middle.....
for example....btw 1bed 2bed n 3bed......when your property is in the middle, people tend to compare up and down and ended up either choose the lesser or more....
BUT to my surprise, 2bedders actually more in demand than 3bed or 1bed these days.....don't know if this is a temporarily trend or sifu was damned wrong....

what do you guys think????
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One of the biggest issue these days is affordability, many people as you say want to tell others they live in "Damansara" and with the way properties in "Damansara" are priced many will have little choice but to settle for a 2 room rather than 3 room place. 1 room places are generally bought by investors.

From experience, it depends a lot on the development and location.

KLCC, Bangsar and KL Sentral, 1Br generally sells better than 2Br especially where the 1Br has a bigger room than the 2Br units. 2Br units generally do better than 1Br units in MK and most slightly more premium locations.

Personally I don't buy 1Br units as they tend to be difficult to sell on as there isn't a big market for them outside of landlords wanting one in their portfolio.

2Br especially if it is a 2+1 unit tend to have a better following and easier to sell on as it can be a starter family home as it will work even if you have 2 kids. It also can be bought for rental income depending on the area. Personally I prefer to buy the largest 2 or 2+1 unit the project has on offer.

3Br, these will always be the most popular among subsale buyers. Prices will hold but rental yields won't be as good as a 2br unit. I usually look for something in the middle and ideally a 3+1 unit. However an interesting anomaly is in places such as Bangsar and MK as well as all more premium addresses, a 4br unit will rent for far better money than a 3Br unit but this is not replicated in more middle class areas. Usually in more premium addresses the largest and smallest units would be the first to go. Largest units go fast because there are usually only 1 unit per floor or sometimes 1 unit every other floor.

Anyway these days the property market is no longer what it was just 3 years ago. Buying trends have changed a lot so what was correct as little as 6 months ago isn't correct today.
Bjorn1688
post Feb 8 2019, 03:45 PM

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QUOTE(BEANCOUNTER @ Feb 8 2019, 09:25 AM)

but property is not 'today' or 'tomorrow' game.....and many vested parties fell into the trap of 'what sells well today' and they will rush in to buy and then kena kau kau few years down the road.
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Like Scott Garden?

QUOTE(BEANCOUNTER @ Feb 8 2019, 09:25 AM)
to me, affordability is never an issue because for every budget, there is fansi. of course location does matter. you don't go out and buy the bestest and most expensive dwelling in a mid to low class income area.
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Haha I presume you weren't among the pioneering buyers of Bangsar South, MK or Desa Parkcity then?
Bjorn1688
post Feb 10 2019, 07:51 PM

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QUOTE(BEANCOUNTER @ Feb 8 2019, 10:12 PM)
never liked MK....

DPC nearly cheong….but bola kecut bcos of the maintenance fee,,,

You guessed it right on the other.
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The only time I had interest in DPC was when they were launching Nadia. Unfortunately loan couldn't go through as I was a co-buyer of 4 condos in Bangsar that far exceeded my ability to pay.

Ever since then all subsequent launches were too expensive for that it was and never bothered.
Bjorn1688
post Feb 11 2019, 12:28 AM

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QUOTE(z21j @ Feb 10 2019, 11:40 PM)
You missed the golden opportunity back then.
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As they say hindsight is always 20/20
Bjorn1688
post Feb 11 2019, 12:36 AM

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QUOTE(BEANCOUNTER @ Feb 10 2019, 09:20 PM)
We cant buy everything....
And there are so many piggy banks that i can break only
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Indeed.

In any case I'm not big into buying properties too far away from where I currently live. Too damn much a hassle to manage them. If I cannot get there in 30 minutes from my house then it isn't happening.
Bjorn1688
post Apr 19 2019, 11:43 PM

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QUOTE(Harry_Bobinski @ Apr 17 2019, 12:37 PM)
49 pages later, I have learnt literally nothing from this thread

This is a Grade A investment because you can potentially buy the property at 650psf and will appreciate to 800psf upon completion? And this 800psf is with benchmarking to other residences nearby like Icon?

Now lets assume that this is true. If I do get an appreciation to 900psf, so what? At the end of the day, with all the competition of residences around, if no one buys/rents, and I hold 3 properties here, basically I will hold these "high-valued" assets to my grave.

This is a genuine question because I am referencing this with one of my investments in Bandar Kinrara which has appreciated to about twice its value from 2010-2014. I see lots of investors wanting to sell their Zest condo at 560k or rent it at monthly mortgage value (purchase price was at 200-250k before VP) but to no avail. No doubt, there are LRTs and industrial zones opposite. I don't get why everyone here talks like there is a guarantee of purchase/rent even with the guaranteed CA.
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Purely speculative in nature I guess?

To be frank here, I've no idea what project this is as I can't be arsed to go through 50 pages but a quick google only leads to this thread and I can't see anyone being so dumb dumb to put money into this.

If there are then it is little wonder there are so many "skim cepat kaya" going on in this country as there are actually people who buy into it.

Must be something else if even the so called developer refuses to put its name on it or show on their website that they have anything to do with it.
Bjorn1688
post Apr 21 2019, 11:09 PM

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QUOTE(ManutdGiggs @ Apr 21 2019, 08:51 PM)
Is tis project really exist???
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I'm also curious to know the answer to this.

Where exactly is this project anyway?
Bjorn1688
post Apr 22 2019, 09:06 PM

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Am shocked they have not claimed it will get 20% rental yield as well.

This post has been edited by Bjorn1688: Apr 24 2019, 01:37 AM
Bjorn1688
post Apr 24 2019, 06:50 PM

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52 pages, still can't find the APDL, project signage or location yet its already a Grade A property.

Hmmmmmmmmmmmmmmm, this smells fishier than a can of surstromming.
Bjorn1688
post May 5 2019, 02:44 AM

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Is there an APDL for this project?

Why would anyone interested in being investors in this area buy into something like this when you could buy Arte MK?
Bjorn1688
post May 6 2019, 01:52 AM

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QUOTE(boyslikeboys @ May 6 2019, 01:25 AM)
Omg 50+ pages of tcss but still no tangible details... any tldr???
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TLDR: invest only if you want to lose money while someone else laughs all the way to the bank.
Bjorn1688
post May 6 2019, 08:37 PM

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QUOTE(David_77 @ May 6 2019, 05:48 PM)
but compare to money game/forex/share scammer... at least masih ada bricks at end of day lah  brows.gif
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Yes smile.gif

Absolutely true and I still have a roof over my head biggrin.gif
Bjorn1688
post May 14 2019, 11:48 PM

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QUOTE(Syahrim Naim @ May 14 2019, 09:09 PM)
Please share why Arte is the better choice.
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For now? There is a very simple reason, it actually exist.

 

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