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Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project

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gks
post Dec 1 2018, 07:03 PM

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QUOTE(indramerlin @ Dec 1 2018, 06:59 PM)
MRT1 cost RM50b but the ridership only 130K per day.. The ridership alone can't even cover the operating cost (workers salary, electricity, maintenance bla2).. so who to pay the 50b?

MRT is the most bullshit project ever by Najib. This new gomen definitely not gonna continue MRT Circle Line even insisted by some planner in DBKL/SPAD.
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Imo it is a very short sighted view... Put aside cost... (I believe the cost should be much lower but that's story for another day) mrt is the most important public infrastructure project that Malaysia must do today... The benefit is far too grade and as Malaysians most only will appreciate it 10years down the road. It will serve Malaysians for next 50 or 100years.
gks
post Dec 2 2018, 06:17 PM

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Why forumners here obsessed wirh what FRPG is pursuing and their grading?

One thing for sure... No free lunch in this world
gks
post Dec 2 2018, 06:56 PM

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Based on locating the correct comparison seems to be with changkat view that stretch of road.

How come compared with low density icon where this project going to be 1159units?

gks
post Dec 2 2018, 06:58 PM

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QUOTE(vampireangel1984 @ Dec 2 2018, 06:54 PM)
Many people jealous bro... Thsts why... 650psf if they still cannot see its a grade a, then no need talk jor.. Can sell them other project
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Tbh I cannot make any conclusion based on info here but I guess if forumners keen should do more research in their own and not just rely on third party.
gks
post Dec 18 2018, 01:17 AM

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Ynh is probably one of the developers that never leave money on the table for purchasers.

Even in 2008—2011...can anyone name their project that make more than 50‰ gross gain for purchasers?

Even their Ceriaan Kiara... All buyers lose money big time.

This post has been edited by gks: Dec 18 2018, 01:18 AM
gks
post Dec 18 2018, 05:22 PM

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QUOTE(kiwiguy @ Dec 18 2018, 09:34 AM)
last year kiara163 was said to be grade A as it is selling 20% cheaper than aarcoris and have mall and rooftop swimming pool.
so you still think ynh left no meat to purchaser?
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At first place.. Why compared to arcoris.

Just because toyota is 20% cheaper than Mercedes....it didn't mean it is a more value buy that Mercedes...
gks
post Dec 18 2018, 05:26 PM

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QUOTE(Sand Dust @ Dec 18 2018, 10:09 AM)
Not for Cerian Kiara.. I recalled about 380psft... Cheapest in town that time.
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What is the subsale now for CK? Bear in mind... It was launched in 2007...



This post has been edited by gks: Dec 18 2018, 05:28 PM
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post Dec 18 2018, 06:12 PM

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QUOTE(kiwiguy @ Dec 18 2018, 05:49 PM)
same jalan kiara 1 and spec.
btw I don't see arcoris more luxury than kiara163
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Of course.. Otherwise how to sell Toyota or Lexus. smile.gif
gks
post Dec 19 2018, 07:00 PM

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QUOTE(AskarPerang @ Dec 19 2018, 06:21 PM)
Some buyers still with 90% quota going all in sapu 4 units one shot. Multiple / loan compression method.
Good luck.
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I hope these buyers the name are not used by unscrupulous ppl who use their name to get ltv90 loan.
gks
post Jan 17 2019, 05:46 PM

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QUOTE(indramerlin @ Jan 17 2019, 08:03 AM)
Private preview this weekend.. So excited about this "grade A"..
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Please share your finding after the preview.
gks
post Feb 22 2019, 11:57 PM

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Mod should close this thread. After 34pages... No forumners are posting any meaningful information for discussion.
gks
post Apr 3 2019, 04:40 PM

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Interestingly this thread had been running at 42pages without any meaningful fact (except name of project and few. Details) .

In any cases... MET will take years to achieve maturity (if they are going to).
gks
post May 14 2019, 07:34 PM

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QUOTE(AskarPerang @ May 14 2019, 07:30 PM)
If the surrounding similar layout is selling for RM900 psf and the new undercon project is selling at RM700 psf, hence, your margin of safety is RM200 psf.
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In other words, you are already making money (paper gain) when purchasing the new undercon project. ✌🏻
.

#kapitalismuda
#capitalistBBV
#belowbankvalue
#gradeApropertyiscoming


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All these capitalists they better buy few units themselves...

So far the only condo in this area that doing well is Solaris Dutamas.
gks
post May 29 2019, 09:58 AM

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QUOTE(propertybuddy @ May 29 2019, 09:51 AM)
of cos, it doesn't work this way,  PLS TAKE THIS NEUTRAL.. IN ANY WAY WE R JUST MAKING THE SAME COMPISON ACROSS ANY PRODUCTS..

The same first five criterias to categorize a prop.. Can be use for things like aster, yc3, Trion, arcuz, serene, n so on..

Firstly, This Dev is not the fair comparison to Icon. Jz like u say City is cheap than Civic. Are they the same type of product first at the very first place..

Secondly, don't just compare due to price. Consider upcoming competition of rental n capital appreciation due to other competing or complimentary products like Agile, Kami, Arte, Met n so on

Third, the purchaser mixture, is it highly investors, mix of investor or own stay or high on own stay.. High amount of investors means u hv stiff competition renting n selling, which also means higher pressure to rental /sales, which means u can hardly raise much price

Fourth, also consider other costs, like post VP Vacancies n other related costs.. What's the cost and waiting time like to achieve 200psf appreciation. And to note that 200psf is not nett gain. To deduct undercon prog int, reno cost, holding cost, insurance, taxes, assessment, tenancies cost..

Fifth, how's other YNH similar products deliveries and performance. How's the past performance of YNH products and good graded props, how's the feedback of previous buyers of previous good graded products . Is it appreciating upon VP? Isit easy to rent, or sell upon vp?
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And do not forget the density of this project.

Not a fair comparison with Kami and Icon.

I do not recall any of of YNH past projects that allow buyers to make decent profit. Definitely not in Ceriaan Kiara, Fraser Residences/place, Sfera. Some of these are even launched during the heyday property market. Hopefully Kiara 163 (mall, office and resi) will have good return performance.

And I assume for this project are sold mainly as investment grade property which targeted to investors.

Good Luck.
gks
post Jun 10 2019, 10:13 AM

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QUOTE(cliffekent @ Jun 10 2019, 01:50 AM)
Free Fb live is Tony Yap. Yes, he giving a lot free property knowledge.
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Strongly recommend Tony Yap FB free sharing session. Very informative. However it is in mandarin.
Do enjoy it till he reached economy of mass and stop sharing it FOC. End of the day, everyone needs to take care their own rice bowl.
gks
post Jul 15 2019, 11:05 AM

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Type A is not 2 bedrooms.

It is 1+1.

For type B, it is 2+1, not 3 bedrooms.

Millon dollar question is would you pay rm400k for 1+1bedroom here.

This post has been edited by gks: Jul 15 2019, 11:10 AM
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post Jul 16 2019, 09:35 AM

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Just have a proper look on brochure. One block 500+ units with 3 lifts. And there are in total three blocks on 3acre+ land.
gks
post Aug 27 2019, 11:02 PM

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QUOTE(AskarPerang @ Aug 27 2019, 09:19 PM)
Aik this project no longer graded A?

🔴 Nak property terus dapat positif cashflows melalui sewaan whole unit (bukan per bilik atau per kepala), belilah property grade A. Tak perlu pening-pening jaga ramai penyewa. Ini kena ada ilmu nak mencarinya.


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Sublet? Who is going to take the windowless room?
gks
post Sep 4 2019, 07:21 PM

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QUOTE(propertybuddy @ Sep 4 2019, 06:52 PM)
how it works?
owner of unit? developer or they are also open to be sold to individual owner?

any idea who are the co-living management? what's their track record / experience?
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UOA is doing it in Bangsar South. Check out Komune Living.

Basically a sublet. Rather than an unit, sublet whole building and sharing common amenities and facilities. They even share community kitchen.

This post has been edited by gks: Sep 4 2019, 07:23 PM
gks
post Sep 4 2019, 08:55 PM

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QUOTE(alhakam88 @ Sep 4 2019, 07:56 PM)
Then the onwer need to spend good amount of money furnishing the unit. Most likely hiring makeover guys.

If the whole block do co-living concept, dont u think will be stiff competition among onwers, surely price drop due to supply. Like airbnb these days
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If I am not wrong, each unit has their own kitchen, living etc. It is not exactly community living.

But their idea is to maximise profit so they may partition living etc to maximise rooms and use multi purpose hall etc as community living space etc.

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