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Investment The Hipster @ Taman Desa by Aset Kayamas, The Benchmark of ownership

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al_madd
post Feb 7 2020, 10:13 PM

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QUOTE(gks @ Feb 3 2020, 01:20 PM)
This Hipster is good option for own stayers however for investors, need to consider following for the exit plan
- No product differentiation between units except direction, facing and level. If  too many supplies > demand during subsale, the buyers can slowly shop to get the price they want.
- Competition with 3000 units affordable housing Desa Satumas where the price is almost half of Hipster. Desa Satumas also comes with some basic facilities. Even though Desa Satumas comes with moratorium 10 years, it seems that no restriction for rental which of course will have detrimental demand on Hipster.
- Further competition with  RM300K 300 units  in Residensi Desamas.
- More similar supplies in Desa Sentral may suppressed the subsale price

My 2 cents. Good luck for those who buy for investment.
*
how about buying for renting it?

do it can make money?
al_madd
post Feb 10 2020, 07:59 PM

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QUOTE(Scypherux @ Feb 10 2020, 09:18 AM)
The Hipster Project:

Investment for rental yield? My answer is a no.
- No LRT/MRT/KTM by walking distance.
- Target tenant? Competitive because local family could've bought nearby rumawip. Expatriates? Don't think so because most of them will be renting around areas near to mont kiara / bukit bintang / TRX. Students? Not really because no nearby international schools or Uni / College within walking distance.

If you don't mind to pay the mortgage installments yourself for like 10 years++ and sell it after that, the capital gain could be positive. As a matter of fact, Taman Desa is already a fully developed township. Moreover, the accessibility is very high, connects to federal / seremban / sungai besi highways.

For own stay is consider great though. thumbup.gif
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Thank you for your reply bro..


Most of the point in.my head also..

But some of "sifu hartanah" consider this hispter one of the greatest choice for investment...
Hmmmm

al_madd
post Feb 10 2020, 09:50 PM

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QUOTE(gks @ Feb 10 2020, 09:00 PM)
Did the sifus buy? Spa and loan under their own name? smile.gif

Similar to SA, take any talks with lot of pinch of salt.
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Hahaha..thats the issue....
But some of them bought more than 3 unit...

The price consider cheap...less than 400..900sqft 3r2b..
But from other forumers state..competition will.be high, if other project completed and rumahwip also can be rent out...


At the moment..i choose aster cheras for my investment house..
But looking for another one for my wife..
al_madd
post Feb 11 2020, 01:34 PM

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QUOTE(Scypherux @ Feb 11 2020, 11:56 AM)
Maybe those "sifus" have their different point of view I guess? hmm.gif

Would like to know more information about why the "sifus" consider the hipster is a good choice for investment if possible. hmm.gif
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Some of the reasons

1. Median price is outstandingly cheap compare to nearby service condo
2. 2 parking lot-can be rent
3. Bangsar ia highly densed area with majority of profesional people
-they not targetting student- due to a lot of issues if renting out to student
4.near all the exit
5. Near bandar malaysia
6. Near tasik-noatalgic reason




al_madd
post May 6 2020, 09:52 PM

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LOL..

why aset kayamas have so many enemies??
al_madd
post May 6 2020, 11:40 PM

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QUOTE(cy91 @ May 6 2020, 11:30 PM)
1st thread i read already..no evidence...more just perception

2nd..thestar article..until this moment..no charge yet to AK..even 2x change gov
al_madd
post May 8 2020, 01:16 PM

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QUOTE(nexona88 @ May 7 2020, 01:45 PM)
AK still alive & kicking strong...

even change government 2x..

really cable strong huh devil.gif
*
duit banyak maaaa...

but their service poor wei...

theri bank and lawyer panel so exclusive...kerja so lambat..

veru contra with amber
al_madd
post May 8 2020, 02:11 PM

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QUOTE(nexona88 @ May 8 2020, 01:35 PM)
big boss very deep pocket lorh..
state across the sea  flex.gif  endless $$$ & cable  dry.gif
no one dare to touch them. cool2.gif
*
but their project okay lah...


i love the holmes
al_madd
post Jun 18 2020, 05:05 PM

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anyone interested in the hipster..have 8 unit left..

unit that buyers having problem with their loan..can pm me
al_madd
post Jun 24 2020, 08:24 PM

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QUOTE(Doughnutto @ Jun 23 2020, 01:58 PM)
good for own stay?
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majority bought for ownstay....due tu nostalgic value
al_madd
post Jun 26 2020, 11:09 AM

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Eventhough AK having such bad reputation

the hipster almost sold

this unit left to be grab...

Attached Image

this price not include 7% discount and 5% bumi discount if u entitled... rclxms.gif rclxms.gif rclxms.gif
al_madd
post Feb 15 2021, 07:12 PM

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Any update regarding the hipster progress??
al_madd
post Feb 15 2021, 09:12 PM

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QUOTE(Ryan's @ Feb 15 2021, 08:51 PM)
expected VP end of the year
*
wowww..so fast...hopefully that time covid 19 no more...


al_madd
post Sep 20 2022, 10:49 PM

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QUOTE(augusta23 @ Sep 20 2022, 09:30 PM)
Can anyone share about the living conditions here? How's the traffic in the surrounding, especially during rush hours?
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So far okay...taman desa traffic okay..after u enter okr..then die
al_madd
post Oct 20 2022, 10:31 PM

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QUOTE(AskarPerang @ Oct 20 2022, 02:24 PM)
First lelong unit check in.
Can wait for price drop.
user posted image
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Need price around 380k..

Rent can get 2.5k fully furnished
al_madd
post Oct 22 2022, 08:07 PM

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QUOTE(airtawarian @ Oct 21 2022, 12:29 PM)
Rumawip, Satumas, same size, same 3 rooms, same entrance, selling RM230k. Only noobie will rent 2.5kšŸ™Š
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what to do...demand is there..hehe

even desa satumas rent is 1.5k with 1 car park




2k above is consider normal
al_madd
post Oct 27 2022, 10:07 PM

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QUOTE(airtawarian @ Oct 26 2022, 11:20 PM)
Lol. I think more and more lelong coming. Pity flipper bought at mark up price
*
sure got one...

need 1 year at least before economy become good again...
al_madd
post Dec 1 2022, 12:16 AM

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QUOTE(AskarPerang @ Nov 28 2022, 02:31 AM)
Good prediction!

470K - no bidder
423K - no bidder
381K - attracted 3 bidders fight

This unit sold at 395K last week.
Yes..good catch...

But rental market a bit slow after PRU.

Need to have holding power

 

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