QUOTE(BEANCOUNTER @ Mar 16 2019, 12:52 PM)
newbie developer combo... most probably tak ada own staff yet... appoint an agency as their outsource marketing team + exclusive agency.....ARRA Residences @ LRT Ara Damansara, Truly Integrated TOD
ARRA Residences @ LRT Ara Damansara, Truly Integrated TOD
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Mar 31 2019, 05:23 PM
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#1
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All Stars
10,188 posts Joined: Apr 2012 |
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Apr 3 2019, 10:50 AM
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#2
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All Stars
10,188 posts Joined: Apr 2012 |
QUOTE(BEANCOUNTER @ Apr 3 2019, 10:03 AM) look at the addresses of the completed units, where were those buildings to begin with. How can they even sell 400psf at si beh far location????? wa... seems like u found your ekocheras no.2 liao they managed to lock in prime land at ARA, they have to sell the market rate, not kuala pilah market rate. and this ARRA is not high end condo (should read SOVO or Service Apartments) by any stretch of imagination. At best it will be par with pacific place. Four positives for this project to me 1. Connected to LRT 2. FREEHOLD 3. Ready amenities nearby (not to my liking BUT....) 4 Fame Address |
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Apr 4 2019, 08:48 AM
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#3
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All Stars
10,188 posts Joined: Apr 2012 |
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Apr 5 2019, 02:15 PM
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#4
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All Stars
10,188 posts Joined: Apr 2012 |
and dont forget... add offices and hotel units... overall development may have more than 2,000 units from the look of it.... pengsan-ed
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Jun 12 2019, 10:02 PM
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#5
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All Stars
10,188 posts Joined: Apr 2012 |
QUOTE(BEANCOUNTER @ Jun 12 2019, 09:20 PM) The rest of yr insertion here i dun even want to debate with you. I hope you have pretty good evidence to support the above... ![]() if we just filter out those that seems obviously fake transactions... those reasonable pricing seems indicate there are not much appreciation since launching price... considering expenses spent on owning the property... |
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Jun 13 2019, 12:01 PM
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#6
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All Stars
10,188 posts Joined: Apr 2012 |
QUOTE(juvaan @ Jun 13 2019, 11:50 AM) fair point. i dont think this is specific to just eve suites and pacific place. the overall property market has been damp and stagnant for the past 5 years at least. Due to oversupply and low demand. lol.... bro... why i the one kena pulak... I'm just showing to the forummer... direct linked LRT property not really appreciating... rental is holding there for the early buyers as its 5% yield only... other than that... I can't see any fantastic good performance LRT property due to LRT itself and not because of the bull-run factor.... Let me tell you a true story. Maybe not 100% related to the overall property market but a true reflection of the oversupply and overpricing by developers. When i used to rent a DSL at SS4C (literally 5 min walk from KJ LRT), back then the market value of those houses were minimum 1.2m and up to 1.5m for corner units. V U can cross ref against brickz. My landlord had a unit which he purchased around 400K around 15 years ago - had a beautiful taman, very quiet and wide roads can aprk 3-4 cars - facilities such as pasar malam, convenience shops, cafes, petrol stations, laundry, all within walking distance. it was the perfect neighborhood. Everything went well, rental was good, tenants kept coming, and heck he even considered making partitions in the house to capture a higher room rental income. KJ being the final station for the putra line, it was always bustling and the KJ car park (including the dirt road) was always packed by 8am. Then something happened in 2015. The extension of the KJ lrt to putra heights opened. Suddenly people had more options to rent units along the KJ line. park and ride people stopped driving to KJ. Today the KJ carpark is barely half filled. My landlord suddenly couldnt get anymore tenants. for a full year, a house of 4 rooms only managed to get 1-2 rooms filled. The same was happening to surrounding rental units. Suddenly KJ property was not so desirable anymore. cant imagie those who bought above 1m, suddenly their value dropped 20% within a year. He decided to sell it. and the best offer after 2 years on the market? 850k. LRT/MRT does add value to your property but to a certain extent. due to increased connectivity, people suddenly have much more options. As long as the market is saturated, prices will stay stagnant. Regardless its near LRT/Highway. If you have the mullah to do so, by all means go for your preferred "lifestyle condo". same applies to near highway properties... nothing special... I'm focus on matured amenities rather than LRT or accessibility... in Malaysia itself, your tenant or even your future subsales buyers would prefer convenience to daily amenities nearby rather than just beside LRT or easy exit to highway... of course if its an mega integrated TOD project then it will be more make sense to consider... bobwei liked this post
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Jun 13 2019, 12:28 PM
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#7
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All Stars
10,188 posts Joined: Apr 2012 |
QUOTE(BEANCOUNTER @ Jun 13 2019, 12:12 PM) Aaron kor eve suites launching price hard to find wor... only have a friend currently owning a 680sqft unit... last time bought during early bird launching for 370k nett... those that bought later may have increase price also....These were the subsale prices. Where were the launching prices???? How do you ascertained that both eve suites and pacific place now were sold BELOW launching price as claimed by some 30+ yrs pj boy??? And he cant even backed up his insertion. Really rubbish talker. |
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Jun 16 2019, 09:21 PM
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#8
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All Stars
10,188 posts Joined: Apr 2012 |
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Jun 16 2019, 10:07 PM
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#9
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All Stars
10,188 posts Joined: Apr 2012 |
QUOTE(Bjorn1688 @ Jun 16 2019, 09:32 PM) eve suites consider as the only older TOD project in AD address... but eve suites is at lembah subang lrt station... yea... still no apdl and show unit not yet done also... only have 7xxsqft and 1xxxsqft show unit... |
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