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Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project

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deadravel
post Nov 28 2018, 02:12 PM

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parking block B sin
deadravel
post Nov 28 2018, 03:45 PM

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QUOTE(W.ROOK @ Nov 28 2018, 03:23 PM)
At 650psqf
2 bedroom should be around 700sqft
3 bedroom at 850sqft

Duta park which is almost at CBD going for less than 600psqf and nobody wants it cause it's an 'island' ..no cemetery no htc ...lol
Investors now days 😁
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dutapark is opposite dutamas area right, seperated by the KTM sweat.gif
deadravel
post Nov 28 2018, 04:22 PM

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QUOTE(warface @ Nov 28 2018, 03:57 PM)
this one, walking distance to KTM station
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lol who cares about the ktm station
deadravel
post Nov 28 2018, 04:44 PM

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QUOTE(warface @ Nov 28 2018, 04:42 PM)
mrt got cover this area meh bro?
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mrt3 'coming soon' whistling.gif
deadravel
post Nov 29 2018, 10:45 AM

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QUOTE(corleone74 @ Nov 28 2018, 10:02 PM)
so now we know why popoti gulu alwiz say.. no prob. next to HTC no problem next to kubur no problem .. all selling  fish oil one

becos they selling the same type of grade d projek. kakaka. haizz. ok lar maybe can chioong with all the other popoti nearby for the tenants.

biggrin.gif  tongue.gif
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chk google map, along the road have icon, hartamas regency, arte
arte selling for ~850psf
hartamas & icon 3br renting for ~4000-5000
htc also pass by beside, just without kubur kat belakang je. whistling.gif

deadravel
post Nov 30 2018, 09:33 AM

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QUOTE(AskarPerang @ Nov 29 2018, 05:14 PM)
Dont forget ppl will also compare with projects in Segambut since this project is nearby Riana Dutamas and The Era. No idea their launch price.
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that will be the task of the sales agent to talk about.

dutamas is dutamas, segambut is segambut, mk is mk
u mix together = u fuxk up urself doh.gif

QUOTE(mangoproperty @ Nov 29 2018, 08:34 PM)
There 3br you sure got 4-5k? Walkable to nowhere
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the number not i make up one ma, just showing data from iprop/otherrentals listing site. whistling.gif

QUOTE(corleone74 @ Nov 29 2018, 10:20 PM)
icon location pun tak bagus ape...

arte at least closer to matrade and not next to highway.

without mrt3 this location may not boom much, just personal opinion.

OOAK much better than here  biggrin.gif  biggrin.gif  cool2.gif you got OOAK SOVO for investment ka brudder?
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ya the matrade and kl metropolitan upcoming will bring in ppl.
mrt3 slowslowwait la.
ooak should be diff category aldy, cuz its mk, target tenant also diff.

This post has been edited by deadravel: Nov 30 2018, 09:42 AM
deadravel
post Nov 30 2018, 03:09 PM

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QUOTE(syarehey @ Nov 30 2018, 02:48 PM)
Care to share where you got these price points? My reliable source is telling me price should be between RM 800-850 psqft, comparable to the current market of surrounding area.
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this is what I heard as well. around 800psf.
which is already lower than surrounding undercon.

650psf abit too extreme
deadravel
post Dec 1 2018, 08:24 AM

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QUOTE(coolguy99 @ Dec 1 2018, 08:04 AM)
Not near public transport also Grade A?
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what's the definition of Grade A actually?
why some said what 30% diacount
then u say must near public transport?

so actual is what?
deadravel
post Dec 2 2018, 12:01 AM

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QUOTE(chubbyqq @ Dec 1 2018, 09:21 PM)
wow 8th page? so hot even tho graveyard htc highway combo
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aiya. graveyard htc double kill the property liao
must discount 99 only can sell whistling.gif
deadravel
post Dec 2 2018, 10:59 PM

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QUOTE(cliffekent @ Dec 2 2018, 06:30 PM)
Waw so hot this property.

ok la, let me summary all the thing.

Booster
1. KL metropolis (link)
2. MRT 3 (Cancel, slowly wait may b got, hearsay the land oredi bought by MRT but dun knw when will revive back. you know politic. very like U turn now)
Bad thing
1. HTC
2. Highway
3. Cemetery

Surrounding Condo
1. Icon Residence 800+ psf  (rental 2500 for 2r2b, 900sf)
2. Solaris Parq 1000+ psf
3. Dimmersione 900+ psf
4. Arte MK 800+ psf
5. Met 1 900+ psf
6. Agile Kiara 1000+ psf

Now, got group of ppl do bulk purchase with the developer. Rumor say can get 650psf, which is highly possible. Based on that group connection with the developer.
Launching price for the public will be rm800psf min.

If RM650psf,
2 bedroom : fr RM450k, around 700sf size
3 bedroom : fr RM550k ard 850sf size

How grading works? (copy fr guru)
CA - Capital appreciation
CF - Cash flow
.
🔹GRADE A
- CA : 20% upon completion (minimum 3 boosters needed)
- CF : positive. More than $300.
.
🔹GRADE B
- CA : min 10% upon completion
- CF : positive
.
🔹GRADE C
- CA : not much upon completion
- CF : breakeven
.
🔹GRADE D
- CA : no profit even if sold
- CF : negative up to $500
.
🔹GRADE E
- CA : lost of more than $100k upon selling
- CF : negative more than $1000

if you buy 700sf (2 Bedroom, 2 Bathroom)
RM450K
RM2k per month installment + RM250 maintenance = RM2250 per month
As you see Icon, 2b2b fully furnish can rent 2500-3000. by the time this property after 4 year newly build, gv rental no up. rent out rm2500-3k also. u earning 250-650 positive cash flow. So that y that grp say grade A

if you buy 850 sf (3 Bedroom, 2 Bathroom)
RM550k
RM2.5k per month installment + RM300 maintenance = RM2800 per month
rental ard 3k-3.5k, 200-700 positive cash flow.

In conclusion, if really can get RM650psf. is a good project despite all the pros. HTC, Cemetery. u live there meh. tenant mah. we investor, see number only.
keep and flip also good. if developer launching is 800psf. u oredi earn 150 psf.

And if so many investor in this property, there will have price war as well. you need to have hold at least 1-3 year. Due to too many investor. in order let the market adsorb all first. may b break even rent out, most worst case. but still a good project in deed.
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wow thanks for summarizing.
so this prop must sell at 600psf only can work lo.
if 800psf die far far.
deadravel
post Dec 3 2018, 10:44 AM

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QUOTE(kiwiguy @ Dec 2 2018, 11:31 PM)
does it make sense to compare this project to riana dutamas and duta park?
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sure why not?
riana say they build a bridge across the river. but how to pass thru KTM track ?? built another bridge pass thru ktm? this i haven got answer yet
duta park kat mana? no where near dutamas right? u mean ERA?


QUOTE(hazwan_zohdi @ Dec 3 2018, 12:59 AM)
So what is the conclusion, and when can one start booking?
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u too many cash laying around? why so gan jiong jiken

QUOTE(ManutdGiggs @ Dec 3 2018, 07:19 AM)
It's oledi grade AA being next to graveyard

In order to make it grade AAA I suggest developer build a direct access to graveyard

By then sure buying at 650psf for kawan kawan bulu n launch to public at 900psf at least after discount. Immediate paper gain of 250psf.

Mana mau cari ni 🤔
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direct access to graveyard thru back door. live there die there? doh.gif
deadravel
post Dec 3 2018, 10:55 AM

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QUOTE(hazwan_zohdi @ Dec 3 2018, 10:47 AM)
What is the meaning of gan jiong jiken, sorry im not well verse in other language except bahasa n manglish.
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sry. my bad. it means...
anxious/tense/eager/cant wait/cant sit tight anymore

keep calm pls nod.gif
deadravel
post Dec 3 2018, 11:14 AM

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QUOTE(David_77 @ Dec 3 2018, 11:03 AM)
Please re-read earlier post. I don’t know if people is using david’s method, so can’t comment. Beside,  I don’t recall selling any method for people to use.

Question, if the 20% upside (which then is graded as A) comes from
1. Benchmarking current surrounding properties (is it that just selling potential, so how can guarantee?)
2. Private deal with developer to get it at 20% lower than launch price (isn’t it unethical to claim guarantee 20% upside)?

So, you want to speak of integrity, care to comment?
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so far from all the post ppl mention on faizul teaching, and from my understanding of why this logic works.

1. no guarantee, but this prevent u from buying the highest price property in that AREA (eg: ICON, Dimmersion and whatever new launching.)
yes it is selling potential where when the prop vp, u have more appreciation space.
or when the market collapse, u r not the one suffer the most.

my understanding make sense????? pls comment also


2. i dont think this is the point for the so called A Grading logic rclxub.gif
deadravel
post Dec 6 2018, 05:06 PM

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QUOTE(nexona88 @ Dec 4 2018, 04:21 PM)
well it's Malaysia btw
place of endless possibilities...
don't be surprise 800psf & it's BBB too  cool2.gif
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dont be so optimistic .
bbb then ddd (die die die), then can sleep at the kubur doh.gif

+ sumore so many shit i found after looking at google map.
ktm sound, highway sound, kubur maybe night also got sound shakehead.gif puke.gif

deadravel
post Dec 6 2018, 05:30 PM

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QUOTE(AskarPerang @ Dec 6 2018, 05:27 PM)
Is subjective. Every projects of course got a price. Is whether you feel worth it or not.

Coz at 650 psf. It is still a good deal. To them comparing with projects in dutamas area.
To others with all the cons, maybe value this at 500 psf only. Plus comparing with other projects in Segambut area. So if can get at 650 psf that is overprice.
*
how bout ERA and Riana, they are doing link bridge directly cross the river into dutamas,
so its actually at the same price point
and no kubur whistling.gif
deadravel
post Dec 6 2018, 10:44 PM

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QUOTE(indramerlin @ Dec 6 2018, 08:03 PM)
1000 investors will buy this, no one will buy for own stay because of the graveyard, htc, ktm highway etc..

When these 1000 people want to sell again, who gonna buy? Hahahaha. Kena game dgn developer.

better buy Netizen Cheras, safety first. Future is MRT la, TOD. RM100 per month, can go anywhere. Expat also prefer LRT/MRT nowadays.

KL Metropolis not attractive la without MRT, it will fail miserably. Biggest Naza group failure is fail to lobby MRT3 for their biggest development. Even TRX with Two MRTstruggle to find tenants.

Imagine KL Metropolis fail, and high dense condo next to graveyard, htc and all bad things combined. Is it gonna appreciate much ?

Don't take risk la kawan.
*
u say dao macam yes.
but true la if all investor, it wont appreaciate, even if u have good rental u cant let go easily


QUOTE(David_77 @ Dec 6 2018, 10:40 PM)
This thread still going strong.  Getting lots of eyeballs 😉
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free marketing for condo ni whistling.gif

This post has been edited by deadravel: Dec 6 2018, 10:44 PM
deadravel
post Dec 7 2018, 05:08 PM

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QUOTE(cliffekent @ Dec 7 2018, 05:06 PM)
I can conlan7firmkao u is related to FR. Ynh developer is very fren with them. Pls research first.
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dont care la FR or not,
this prop is very bad.

thats the conclusion. doh.gif
deadravel
post Dec 7 2018, 07:07 PM

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he go talk about the property?
or just talk general topics je? eg budget 2019
deadravel
post Dec 8 2018, 01:55 PM

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QUOTE(David_77 @ Dec 8 2018, 01:32 PM)
Satu supports ini projek. Satu against and promote Netizen. Dua dua very strong opinions.

Tapi itu orang cakap kubur satu turn off untuk this project supports kubur untuk project lain (https://forum.lowyat.net/index.php?showtopic=4560111&st=340&p=90749938&#entry90749938)

Looks like dia memang ‘expert’. Need to learn from him.

Kadang-kala, kubur baik (kalau dia beli project itu. Sepuluh biji ambil, macam Yip Mun).

Kadang-kala, kubur tak baik (kalau dia tak beli).

Sifu, tolong tunjuk ajar 🙏🏻
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ya if he's there. the kubur ghost won't come out la.
sumore 10units. he got feng shui power blocking the ghost

deadravel
post Dec 8 2018, 06:25 PM

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guys guys back to property discussion boleh?
don't shoot each other

when is ynh launching this? I would like to see the layout. see can avoid kubur view then still ok. ignore its existence

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