Mutiara Hilltop, Puchong

Another Hilltop Project by Malton

Tenure : Leasehold

Land Size : 8.26 acres

No. of Units / No. of Blocks : Total 496 units / 3-Blocks
Low Density Community

TYPE A
1040 sq.ft.
3 Bedrooms & 2 Bathrooms

TYPE B
1355 sq.ft.
3 + 1 Bedrooms & 3 Bathrooms

GPS Location : 2.995451, 101.633003

Mutiara Hilltop Website

This post has been edited by DKwiseman: Apr 17 2021, 07:43 AM


Attached thumbnail(s)

Very nice layout..next to forest reserved?

temporary next to forest reserved. Not sure for the future the forest still "reserved" or not.

nice..... what is the package? got ZERO dp?

Pm .. interested

This project still on going?

Tower A & Tower B has just launched this week, around RM4XX per sqft, anyone who is interested can pm me for more info ya. Thanks.

Price?

pm-ed

Any advise on this project? Like the low density

yes only 492 units in a 8acres of land.if you're interested to know more, I could arrange a zoom viewing for you yea

Low dense but leasehold, location wise not advisable
However, the price is reasonable.
Can have better choices if you have higher budget with great location in puchong

Can anyone PM me on the price?

why buy leasehold in puchong lol

What do u mean?

Puchong is a land consisted of freehold and leasehold.
Why choose leasehold where you can buy freehold at the same price haha
Freehold definitely has higher value when you sell in the future

Understood.
Overall I like this project beside it is leasehold.

Do u know any similar projects?

With residential title, low density, if you have slightly more budget, can go for Sky Condo in Puchong Jaya. Good View, Good location. Price starts from 650k onward. 1173sqft 3 rooms.
Other than that, if you can accept without balcony, Hillcrest Heights also residential title, low density and with title of Gold award in Green Building Index. Location better than Mutiara. Price starts from 580k. 1011sqft 2 rooms.
Upcoming there is a project opposite Hanming. 480k with fully furnished if im not mistaken.

This project not hot ? No discussion or review ?

nice peaceful environment.
layout is comfortable.
nice view but west side might be able to see the piece of chinese cemetery located i think aroun 800m from site ?
although quite far but this project is located at hilltop , so should be able to see from the building and facility decks.
but i dont think will effect much on the view.
the east side and block A is facing reserve forest, not hot afternoon sun too . can consider unit facing this two direction.
not really accessible, still need come out from saujana puchong or batu 14. Agent said there is a planning for a road to direct access to puchong hartamas but i doubt it.

recommend for those who likes quite and calm enviroment.

That private access not in their plan or not their land. Gx agent told you ? Haha.

Yes facing cemetery n got bbq one. Any how, is very far from then project. To me is not a problem.

My concern is the forest locate front where locate in front of it.
Own by 2 land lord. Not sure what is the future development.

To me I prefer tower B facing east/saujana puchong.
Facing g small water tank and 2 empty lands( wish not highrise project )

The one opposite to Hanming is what project?

This post has been edited by beng970804: Aug 30 2021, 05:54 PM

Suria garden by binastra. Next to pasar batu 14

yeap they said its inside the gov road planning but hahahaha maybe until u die the road also wont build.
tower B unit facing east south actually wont be affected by the future planning of the piece of land infront of it .
u planning to book 1 ?

Still considering.

Seems not hot. No one discussing about this project. 😔😔

Agent told me block B and C almost fully booked .
Block A open for booking after the other 2 block fully book.
Normally buyer who buy for own stay seldom came here to discuss 1 la .
no discussion doesnt mean this project not hot/good.

Agent told me Block A,B is open to sale and block c didn't yet

Yes, I was told Block A and B open for sale now and block C next phase.
Anyone knows about the access route into the site, will it be sharing the same route with the Taman Mutiara besides?

Hope so. Because I am waiting loan approval.

Double guard. If I didnt misunderstanding.

Taman mutiara guard then hilltop guard.

Means there's a need to pass through two guardhouses, any confirmation on this from developer?

Another point to discuss is the access, if want to drive to PJ or maintown Puchong, must U Turn at LDP near the toll there? Any other alternative routes?

How's the projections of rental yield and capital appreciation for this project. Any expert mind to share their comments on these aspects? Because this area is slight further away from main places like Bandar Puteri.

Can use batu 14 small route. But avoid school time lo.

Recently only 2 access to LDP or town.

Rental yield... no one knows. 90% loan installment about 2k to 2.2k + Maintenance 364(35c psf)

Far ? Subject to your needs or tenants needs.

To me I am ok with it. 5minutes to bukit puchong.

Although there's plenty freehold project in bukit puchong by bukit hitam... but environment i am not that suka.

Btw, I plan to move in and lease my taman puchong utama house. Move into sankala. Haha

Single or double guard doesn't matter. Same what.

Ya I'm also curious about the rental and market value in that place after 5years. Planning to buy my first house, if buy this property, maybe will stay there or will sale it after 5years or rent it. Quite scared to take decision on this project

Btw. For your information. 15years back saujana puchong selling ~350k and now 2021 selling ~550k

15 years capital gains about 55%.

This post has been edited by ahsui: Sep 3 2021, 02:15 PM

And future development in saujana puchong should be still residential project. Either highrise or landed.

The only hope is the forest front of mutiara hilltop. If commercial hub then will greatly added value to this project. At the same time will spoilt sikit the green environment la.

Furthermore, saujana puchong is next to lestari puchong. No one knows will there a paid access or no in coming future. If got, you can go to equine, puncak jalil area liao.

Thanks for the input, the environment and neighbourhood seems quite peaceful and suitable for own stay, on top of the low density.

The units are taken up around 70% already?

Also, anyone has any info on the empty plot of land near Tower A and guard house, heard that there may be a plan to build some sort of community hall or something, any verification on this?

The construction has not yet started right, and completion is 2025 instead of 2024? Not able to see the site as it was blocked and have to go through the residential guard house.

The site is just next to taman mutiara indah main entrance. For lorry one. If you dont care of your car la. Haha

70% should be more than that kot.

A 195 + B 112 = total 307

Tower A left about 60 units
Tower B left about 18 units

Sign or booked or internal units I dont know la.

Huh? Community hall ? Should be like mpsj multi-purpose hall kot... aiks. That's mean there will be more selangorku flat coming lo ? Like putra prima n puchong utama. Got so called community hall there also.

This post has been edited by ahsui: Sep 3 2021, 08:21 PM

Not too sure yet, but if you take a look at the image below, there's an empty land between the project and Taman Mutiara Indah. Anyone or agent can help confirm if there's any plan to develop or build anything there?

https://pictr.com/images/2021/09/04/B6wkD1.md.jpg

Ooo. This plot. I thought is taman mutiara indah main entrance there.....

The plot still under malton.. I think should be remain empty for greenery... else tower A pity leh.

Will try to figure out more once my loan get approved. Now still not a buyer. Paiseh to ask so much. Haha

What's up with tower a bro?

Greenery view don't have is it?

I wanted to buy unit in tower a

I am not sure, let James update us on the plot he mentioned.


actually, Tower C is the best. forest view... and the empty plot in Saujana Puchong that front of Tower C should be landed 3 storeys ( from ancubic also if not mistakes) so won't block the view. but the price will definitely slightly higher than Tower A & B kot.

I have asked, its Balai Raya & Kawasan Lapang

Its not belong to Malton.

Tq bro. Then I switch to tower B then. 😥😥😥

If still available la. Since tower B left not much.

But weird.. taman mutiara indah many bumi buyers? I checked history non bumi is greater than bumi.

It's kinda weird to build a community hall over there.

This post has been edited by ahsui: Sep 7 2021, 07:14 PM

Lucky also. Not highrise. Means there no more highrise project nearby.

But hilltop entry is taman mutiara indah there. So the community hall entry also using the same access ? If yes how they open for public? And bad to existing landed also.

oh yes sorry my bad . yeap its block C the 1 facing reserved forest.
if u prefer nice view , should wait for block C to open . but i asked my agent , the price for block C is around 10% higher

Construction start already. everyday got lorry passing thru in and out . agent told me its 2025.

I have book for Tower A, unit 5 floor 25th. What's your opinion on it?
And agent told me it's the best view till now which facing the reserve Forest

Facing 2 empty land. One near the telco amplifier tower and the other one near the low cost apartment.

But your unit high enough. Should not a problem. 👍

Remember to ask the agent. Will the main door facing main door or not ?

As the tower plan show. Unit 5 & 6 looks like mirror layout.

What do you mean facing main door?

If you don't mind please wasap me 0182698144, thanks bro

Its the front door of No.5 is facing front door of No.6
So kind of looking at each other. Less privacy

I am still not owner there yet. Still considering.

Btw. Thanks to those hardworking agent. Paiseh that I am deal with malton ppl one. Also, i havent hoot lagi.

Suria garden sign board naik liao. Should pre launch this oct or nov. Price should similar to mutiara hilltop but size smaller.

Suria Garden vs Mutiara Hilltop
Binastra vs Malton
MixDev vs Full Residential
~950units vs 496 units
~900sf vs 1040sf
3b2b vs 3b2b
Freehold vs Leasehold
~550k vs 583k

what is the price?

I bought a unit around RM480k nett price, bumi have extra discount as I know

Im one of the sales agent mutiara hilltop, the front door will not facing opposite unit you may refer the photo as below.

Please declare tower A n C. Tq.

As mentioned earlier. We are talking about unit 5 n 6.

Tower B show 5 just next to 6. 100% the main door never facing each other.

Also, why apdl price selling from 775k to 1.112mil but now actual selling from ~500k to 700k only ?

Any sales person can enlighten me ?

Is there something behind that we dont know?

If tower A&C you can refer the layout plan no 5 and 6 the main door will face to opposite unit becase this 2 unit is mirror reflection design, and why devoloper will launch the price so affortable because the price shown on ADPL is the approved pricing by government, means government actually allow the developer to sell at this pricing, its valued at this price range. if its not because of this bad market, developer wouldn't launch so cheap honestly 😅 since the phase 1 selling 70% with 3 months so phase 2, block C definitely price will be higher, developer will increase the pricing then.

Actually during this saturday 830pm devoloper have a project briefing by zoom if anyone interested can pm me.

paiseh la, since the Unit 5 n 6 question, and the way you answer is likes mary go round.

sounds like Gx realtor trying to mislead me that there will be a private access road to puchong hartamas.

To me, I would suggest dealing with Malton staff instead of sales person.

Its ok, im not sure which part of my answer let you feeling im missleading you, all the answer is just based on the information provide from devoloper.

Loan approved. Waiting Tower C n Suria Garden layout.

actually its facing the plot of empty land beside the low cost apartment since the unit fasing east-south, not sure what will the empty land used for but mutiara hilltop's land is at the highest point of that area , should be no problem on the view.
i book the same view but in tower B thou.
for tower B the door not facing each other not sure bout A

This post has been edited by celyn_kong: Sep 19 2021, 01:56 AM

Congratz. High chance we will be neighbours. Tee hee.

Do you signed the spa ?.

Mine otw process.. Tower A South View... wish that so called balai raya remain kawasan lapang la. If is surau then boh bian. Haha... any buyer sign the spa already ?

Can see the construction site at LDP Batu14 bridge.
From lotus to Batu 14 direction.

Really hilltop 👍

This post has been edited by ahsui: Sep 22 2021, 03:06 PM

What is the new project opposite Han Ming?

suria garden by binastra.

Hi I had signed the SPA 😊

Hey Ahsui. I just went to the showroom today and is attracted by it greenery and view! I'm newbie and this is my first house. Since you have submitted for loan approval, just wondering did you take the houzkey program? If no, why ?

The forest front of the project is own by 2 landlord, what will be in future no ones know.

Next to Tower A got an empty land own by government. Future will be balai raya( can be surau also ) or remain empty.

Back of Tower B is taman orang asli. Not sure their livelihood, what I worry is bbq sampah and etc, also some unit will facing telco tower.

The best fengshui is Tower C. Facing north ( subject personality) But no launch yet and price should slightly higher than Tower A n B.

Information above you have to know first before u decide to buy.

I am not recommend houzkey subject my scenario la.

Houzkey = Bank nett untung rental for 5 years and then untung lagi slightly higher interest profit for next 30 years.

The initial 5 years u are paying rental and not your debt.

In simple way is, u paying 5years rental n paying full loan in tenure 30 years.

Yesterday I sign the letter offer. But notice the TnC in letter offer slightly different to what banker told me. (Sign masa in rush, back home duduk diam diam study the tnc then find out)

What I can say, those sales person really sales oriented and never keep their words.

Btw I asked her to stop proceed the loan and wants to verify further. (Cimb Bank)

Sharing my experience to you. Wish could helps.

Thanks for the heads up Abang Sui !

I was a little confuse when the SA explain to me with the houzkey program. Maybe I noob or he bringing me to round garden, so at the end I decide not to struggler in that situation.

The SA give me all sort of the benefits of taking houzkey but I also wanted to know what's the disadvantages / con's of this program. My need sifus to "1 finger poke awake me"

The benefits he shared with me is I can lock the property at the current rate and still make a call whether if I want to continue after 5 years, ofcuz the 6th years loan interest rate will back to market rate. During that time I can either sell it or rent it out for a better price because there might be some potential grow after 5 years for this property. Everything seem too good, I'm sure there's some "con's" but he didn't really tell. So appreciate if you can share your opinion to it.

How much is the launching net price?

I personally do not recommend those with good financial to apply for Houzkey programme. Houzkey basically is the bank buy the house on behalf on you, then you rent it from the bank for at least 1 year and max. 5 years. The phase you are renting is called Initial Period/ Initial Tenure. It is suitable for those who still have no sufficient income and they can use these time (construction phase + Initial Period) to work harder to improve their earning capabilty.

Pros of Houzkey:
1. Don't have to pay downpayment.
2. Don't have to pay any progressive interest during construction phase.
3. The rental you pay in the Initial period will be much cheaper than the conventional loan installment. (Monthly rental= SPA price x 3% ÷ 12)
4. If the property price goes up in the future, you still get to purchase it with the locked price as per stated in the SPA.
5. You have the flexibility to move away after renting the unit for 5 years.

Cons of Houzkey:
1. Only applicable for 1st time home buyer.
2. The rental you pay for the first 5 year will not deduct your mortgage amount, basically you are just paying rental to the bank.
3. Knowing that Mutiara Hilltop comes with bare unit, will you still dump your money in for renovation if you are still not sure whether you will continue with the purchase?
4. It seems you can't enjoy the perks of HOC campaign (MOT and 10% discount). Let say the SPA price is 550k, if you buy using conventional loan, you will loan 90% from bank (495k, the 10% discount will be counted as your downpayment). But if you take Houzkey, after the tenure period, you will have to purchase the property base on the SPA price (Maybank will give 100% loan financing which is 550k). Other than that, you also need to pay other legal fee and MOT if I am not mistaken.
5. You need to pay 3 month deposits upon signing the Houzkey agreement (refundable).
6. Maintenance fee, sinking fund, utility charges, quit rent, assessment tax and etc still need to bare by you during the tenure period.


Three options you have on 2nd year if you decided took Houzkey:
1. After renting for 1 year, then you have to find another buyer to buy the property from bank, only then you can walk away. (Not sure this option is true or not).
2. You continue to rent until the 5th year, and then you walk away.
3. After renting for min. 1 year, you may purchase the property and you may apply the mortgage loan from Maybank or refinancing it with other bank.

Disclaimer:
This is just my personal understanding and I might confused with older version of Houzkey. Please directly contact your Maybank mortgage officer for more accurate and latest T&C. Don't ever seek advice from Property Sales Agent, their objective is only to sell the unit. They might trick you with the RM 1300+/ month deal.

Why take CIMB loan? The effective rate they offered me is 3.2%, so damn high. Maybank offered me 2.9% only.

Interest rate is depend on client profile and scoring. Alliance also can offer less than 3%, subject loan approval. Sometimes also not depend on interest rate, client may choose their prefer bank.

subject scoring one. mean mine is borderline to them. that's y 3.45% @ 80%

actually to me is not much different, since is a daily rest interest.

I was told
3.45% without any insurance.
3.25% with mlta or mrta.

then I go for without insurance, who knows is 3.45% + mlta. then i am not shiok ad. definitely is misguiding me what.

also, although u take the mlta and lapse it next year, the banker has the right to raise the interest rate to 0.1%, that's means is 3.55 + the coming future will be back to normal BR.

To me, a trade must be done within both willing, now I feel that I kena misled. so I plan to terminate all, see how much they charge for the admin fees.

also, I apply for a loan at the wrong timing ( pay cut ). August and September are back to the normal pay.

Maybe resubmit the loan in October or November can get a higher margin and better rate.

yea, bro you are correct. at that moment my profile is borderline to them.

bro, is a very subjective one, good financial profile then no need see lo.

Yup, nowadays bank is running scoring system. The scoring will determine the interest rate and margin of finance, for this project is 85 to 90%, subject system scoring and approval.

Yes. 80% still within my expectation n budget. Just xsuka cakap A but come out is B.

Still waiting the mortgage agent's explanation, if not what I want then bayar only penalty. And resubmit loan on October or November. I confident can get better rate and higher margin.

haha, she said 3.45% no MLTA, yea she didn't mislead. But need to buy sun life insurance.

if buy liao then she will try to appeal for 3.25%( not guarantee).


can refer here.
https://www.cimb.com.my/content/dam/cimb/pe...r-i-pds-eng.pdf

Approved. 95% of nett price @ 2.90% from hlb.

Keke.

Mine approved too, 2.9% from MB Islamic.
Just signed SPA, but not allowed in sales gallery.

Still pending payment for loan stamp duty and disbursement fees.
Anyone knows loan stamp duty claim process from LHDN?

After signing SPA, they will ask you to pay remaining booking fee and let you sign a HOC campaign form. Then, you also need to pay for loan disbursement fee. So, far they didn't collect any payment for stamp duty for SPA and Loan Agreement.

Does your 2.90% offer by HLBB need to include MRTA/MLTA?

No need. Subject ur profile kot. Mine is mortgage loan saje. No mlta/tt n mrta/tt.

Profile kuat ni haha

Hi everyone, just got my loan approve n will be signing SPA very soon.. excited about the future n hopefully it will be a good neighborhood..

Welcome. Mine baru 9dim today.