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Investment SUNWAY FLORA RESIDENCE @ BUKIT JALIL, New TOD Development

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IronManz
post Jul 29 2023, 03:58 PM

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QUOTE(tesoon @ Jul 29 2023, 03:31 PM)
Kl not many project can cover rent + management fee and having positive cash flow, either agent con job is good or tenant is water fish. SG can la

Some ppl see it as cover 80% others consider invest and force saving for future
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That's true, force saving, otherwise living in KL will ter-spend on many unnecessary things also, rather than save up for future (old age). I'm not sure about investing for the value appreciation, when you've included the compound interests etc, if you had just saved that money each month could have led to more. But not many are that disciplined to save that amount each month if not forced to (pay installment).
IronManz
post Jul 31 2023, 12:58 PM

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QUOTE(ck2chan @ Jul 31 2023, 12:39 PM)
Flora too premium to do rental business.
Expensive better for own stay.  laugh.gif
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Agree
IronManz
post Aug 6 2023, 03:50 PM

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QUOTE(nick_linz @ Aug 5 2023, 08:10 PM)
Totally agree with you. After 10-15 years, if you add up the interests and deduct it from the selling price, you'll quickly realise that the "profit" is likely minimal. Especially now with the trend of cash poor ppl "investing" in new condos ard klang valley where there is a huge supply. Do they really think they can easily get ppl who has spare cash of RM 100k to easily buy sub-sale?
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The problem is that if we don't buy property, get a bank loan and pay so much monthly interest, we will spend all that monthly income elsewhere, and after some decades, end up with nothing much in our savings.

Anyone can share their experience of not buying property but very disciplined every month save until after 30 years got money equivalent to owning a property + bank installment interest?
IronManz
post Aug 10 2023, 04:03 PM

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QUOTE(donkeey @ Aug 8 2023, 08:34 PM)
because buyers of sunway flora all kaya2 thats y they dont like to buy Type A except me biggrin.gif  biggrin.gif
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Can buy Flora is considered rich, irrespective of unit type
IronManz
post Aug 10 2023, 04:04 PM

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QUOTE(Julia78 @ Aug 8 2023, 10:38 AM)
Sunway Flora project is fast. Foundation is completed.
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Money for the stage to be disbursed then
IronManz
post Aug 17 2023, 11:31 PM

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QUOTE(Julia78 @ Aug 17 2023, 03:53 PM)
user posted image

user posted image

Share some photos on the site progress. This is not the latest on. The latest one should be building 3rd or 4th level of car park. I believe they build both tower in once.
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They're building the compound that'll house both towers? But the 2nd tower not yet launched?
IronManz
post Aug 18 2023, 02:59 PM

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QUOTE(jojolicia @ Aug 18 2023, 08:21 AM)
Confident developer, no doubt. This construction design, its advisable to get the podium plate ready.
Very good for 1st block owners, least disturbance on VP (on going construction of the later block)
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When will 2nd block be launched?
IronManz
post Aug 18 2023, 06:33 PM

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QUOTE(Julia78 @ Aug 18 2023, 03:21 PM)
yes. now is 3-4 level dy.
that why i saw progress is fast.
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Money release up to how much % already?
IronManz
post Aug 29 2023, 09:41 PM

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QUOTE(tesoon @ Aug 29 2023, 04:17 PM)
I dunno, ask agent haha, judging from the sale speed, i dun think they will increase price, mostly same price, not like tower b got better view
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I wonder how they will do the booking this time? Same one-day event with people drawing lots?
IronManz
post Aug 30 2023, 02:45 PM

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QUOTE(tesoon @ Aug 29 2023, 10:11 PM)
Go then u know
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Go only for people looking to buy
IronManz
post Aug 31 2023, 10:35 PM

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QUOTE(tesoon @ Aug 31 2023, 09:01 PM)
Dunno, why u and ironmanz ask same question one haba
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tesoon, we didn't ask the same question. I asked if the B tower's unit selection would be done the same way or differently
IronManz
post Sep 3 2023, 08:54 AM

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QUOTE(cckkpr @ Sep 3 2023, 08:46 AM)
Foundation completed. Invoice for 10% issued n payment by Oct 31.
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Wow, start paying progressive interest now.
Faster than expected?
IronManz
post Sep 3 2023, 03:27 PM

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QUOTE(cckkpr @ Sep 3 2023, 11:22 AM)
Next 5% upon completion of car park in Oct/Nov. $$$ going into Flora pretty quick
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Making good progress
IronManz
post Sep 10 2023, 11:25 AM

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QUOTE(cckkpr @ Sep 10 2023, 06:53 AM)
Attended Flora Tower B launching yesterday n response was good. There is an increase in price of Type B n marginal increases in Tyoe A n C.

Noted that Type C, abt 1500 sq ft was fully sold except 1 unit for Tower A. Presumably many with bigger families opted for them.

The last phase will be commercial with service apts n business units at the present gallery site.

Project is platinum green certified with EV infra.
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Any photos to share? Was it by balloting?
IronManz
post Sep 10 2023, 03:45 PM

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QUOTE(cckkpr @ Sep 10 2023, 01:21 PM)
Nothing special to photo. Units model similar to Tower A. Didn’t ask on balloting, shd be same as A. All reps engaged with potential buyers.
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So it was not for unit selection then, unlike for tower A event that time.

How would the progressive release work? Since foundation works already done
IronManz
post Sep 11 2023, 11:11 PM

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QUOTE(cckkpr @ Sep 11 2023, 10:43 AM)
Foundation 10% payable end Sept. Next payment invoice expected October with payment in November.
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So Tower B buyers basically have to fork out the down payment very soon
IronManz
post Sep 13 2023, 11:07 AM

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QUOTE(Julia78 @ Sep 13 2023, 11:05 AM)
staying one floor below the facilities is no good.
noisy when special day, haha
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Won't that level be where the penthouse is at?
IronManz
post Sep 26 2023, 09:48 PM

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QUOTE(Julia78 @ Sep 25 2023, 03:33 PM)
for investment sure waiting for Exism project near to LRT AWAM BESAR.
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Me also waiting, a big slow going
IronManz
post Oct 30 2023, 09:03 PM

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QUOTE(1282009 @ Oct 2 2023, 01:33 AM)
U mean the Veladaz?
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No, we dunno the name yet, all of us waiting in anticipation

Veladaz is opposite Pavilion in KL Wellness City
IronManz
post Nov 2 2023, 08:35 PM

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QUOTE(tesoon @ Nov 2 2023, 02:09 PM)
Is a service aprt with commercial shops lot, so should be size smaller and more units
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tesoon is right.
You can find an artist's impression in this video, the building next to Flora's 2 towers:
https://www.youtube.com/watch?v=K1dTBQmRhcU

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