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Investment SUNWAY FLORA RESIDENCE @ BUKIT JALIL, New TOD Development

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Cavatzu
post Feb 14 2023, 08:37 AM

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QUOTE(Najibaik @ Feb 14 2023, 12:41 AM)
actually no one know what the new launch quality will be like until it vp, by the time vp and realise quality is bad the unit itself already considered as subsale/overhang or go lelong

just like hawker stall selling u same price over the 5 years but quality given sure downgrade kaw kaw in order to maintain the cost, applies to every industry not only property
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This is why people make noise now. If ppl don’t wanna listen it’s their problem. UOA’s recent vp hasn’t been great. You can only control as much as you can at the start of these high rise launches before committing as it’ll only complete 4 years later.

Anyway back to the development at hand, if it’s 100 psf cheaper than Sunway work out if it’s worth your while with the listed deficiencies.

This post has been edited by Cavatzu: Feb 14 2023, 08:41 AM
Cavatzu
post Feb 14 2023, 11:44 AM

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QUOTE(Najibaik @ Feb 14 2023, 09:09 AM)
exactly, kena problem then only start crying, ntg much we can do
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Ya la. Being a bit of a Karen and nit picking on what you get vs what you don’t is important. I mean you won’t get everything for a cheap price but be aware of your options and if need be change location.
Cavatzu
post Feb 15 2023, 05:03 PM

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QUOTE(ck2chan @ Feb 15 2023, 01:13 PM)
700-750 psf really difficult for investment.
the average surrounding rent only like RM1800-RM2800.
Own stay also a bit expensive for the loan installment + maintenance. easily RM3,500-3,800 per month I guess.

Subsales also can get lower than 700K, for example The Havre, just beside Aurora and Pavillion Bukit Jalil.
Kiara Residence, Z Residence, Parkhill, Paraiso.

If you got 1Million budget, rather stay at The Park 1 & 2, Pavillion Bukit Jalil or Berjaya's Tropika ready, not the poor environment like in Sunway Flora area.
The road full of car parking, day and night. Those PPR resident will race motorcycle and noisy at night. Dirty environment outside.
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To be fair, Sunway has been pitching towards own stay mainly with their pocket projects. The only recent one they said from their own words would be investment worthy was Belfield.
Cavatzu
post Feb 22 2023, 07:51 AM

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QUOTE(se800i @ Feb 22 2023, 12:06 AM)
Didn't own one...
But I have seen its quality it is really there and the layout which can be accepted by most of the ppl..

No hard feeling here...

In fact it is true..

Ppl buy LV GUCCI not only of its branding but their quality memang there... Worth for the value
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Sunway is not LV/Gucci level. More like Coach. A premium economy specialist that is desired by the masses.
Cavatzu
post Feb 26 2023, 08:13 AM

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QUOTE(Hermes Aspiration @ Feb 26 2023, 03:45 AM)
Just doubt DBKL would do anything bcz they were the authority to approved such housing back then and insufficient car parks.

With so many developments in nearby or Bkt Jalil, unless DBKL managed to ask one of the developer to build one or two blocks to compensate them first before took over the redevelopment.

This stretch of Muhibbah LRT's road is bad but the jam is not as worst as Jalan Jalil Perkasa 1, with Tropika completing soon and Pavilion BJ booming still nvm, Berjaya going to launch KM2 soon and Exsim potentially add another 8-9 blocks behind The Link, I cannot imagine.
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It’s a chronic problem - the first and last mile issue. They’ve pushed for the construction of all these stations and sold land banks around these stations without addressing the walkability problem. It’s always a bloody rort.
Cavatzu
post Feb 27 2023, 08:45 AM

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QUOTE(ck2chan @ Feb 26 2023, 11:29 PM)
Look carefully, the outside toilet window is facing the yard.
How to open when bathing and the internal water heater heat will circulate inside the yard and kitchen.
Long term, kitchen cabinet and ceiling will have mold due to the moisture.
I doubt anyone will leave open the kitchen window all the time.
Dust, rain water, mosquitoes and insects will fly in.
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This is a fairly standard layout they have repeated in their recent projects. I think the window is high enough that it won’t be an issue. Look at some of Sunway’s recent virtual walk throughs for reference.

This post has been edited by Cavatzu: Feb 27 2023, 09:03 AM
Cavatzu
post Feb 27 2023, 05:46 PM

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QUOTE(shaoching @ Feb 27 2023, 02:33 PM)
after read through all opinion in their forum post, agak-agak can see how exsim wan attract potential buyer. basically location is the King, so this is their only selling point, and they design in such way the living is big enuf to partition out for another room, and their advertisment always mentions 4 rooms, which the small little tiny room near the door is merely can fit as a store. and they only provide 2 AC and zero furnish. So, these all serve as a basis for investment and the agent always highlight, when wellness city is complete, you can rent out to those worker/nurse/doc there. but, themselve also uncertain how will the land be develop in future.
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Exsim is either a luxurious 3 bedroom unit or a 6 room dormitory. Can see which one prevails.

Something tells me there’s not a lot of luxury going around nowadays.
Cavatzu
post Feb 28 2023, 04:43 AM

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QUOTE(Hermes Aspiration @ Feb 28 2023, 01:55 AM)
Hmm, can be different and can be same from different aspect. Flora density just alright, but with such facilities, I am amazed how they keep the proposed maintenance fee so low at 26 cents.

Flora suitable to any kind of families with kids and elderly, or stay away from commercial activities. But Exsim always attracted younger or lifestyle generations. The downside of D series is unknown bcz no completion yet but the 8-9 blocks separated into 4 phases (The Link side) would be an obvious classification.

I found those agents either do not have full masterplan info or keep it secret, Exsim seems not having just 1 parcel in KL Wellness City and probably another few parcels. To keep on using KL Wellness City and near to Pavilion 2 as USP is good, but the price seems selling with the reference of KL Wellness City macam already being built.
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Tia true. Sunway has been able to keep the maintenance fees of their recent launches to under the 30 sen mark where others are generally in the 35 sen mark without their backbreaking density. Is this sustainable and do Sunway projects jack their fees up after JMB take over.
Cavatzu
post Feb 28 2023, 07:14 AM

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QUOTE(Julia78 @ Feb 28 2023, 06:37 AM)
Maybe their project have green certified?
Got solar panel for saving electricity?
They got tank to keep raining water for toilet, and landscape?
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Very good points. It’s a testament to good design and planning if this translates to substantial savings over the years with rising utility costs.

Most large corporates have ESG obligations nowadays so filtering it to their products is a good start at perhaps not much more capital outlay since they are already considered a premium brand.
Cavatzu
post Mar 2 2023, 10:50 AM

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QUOTE(shaoching @ Mar 2 2023, 10:13 AM)
the staff confirm to me no blocking at the balcony area.

on the other hand, if they selling above 700+psf after rebate, i think i wont consider it as the surrounding neighbourhood has already saturated and dont think any possibility of upgrading the road/junction or nearby low cost unit.
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So can get free peep show if you just poke your head over the railing?

This post has been edited by Cavatzu: Mar 2 2023, 10:50 AM
Cavatzu
post Mar 4 2023, 08:06 AM

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QUOTE(Julia78 @ Mar 4 2023, 08:02 AM)
Meal price also increased several times within a year.
This price just an average price in BJ area.
Not consider premium price d.
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This is why subsale of things that were recently completed are a really good deal. Many of them have not really moved in price whilst getting the benefits of modern designs. Some of them do suffer from developer inflation.
Cavatzu
post Mar 4 2023, 02:46 PM

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QUOTE(shaoching @ Mar 4 2023, 12:23 PM)
Maybe because cant affort,so its become premium price for you?🤣
Development sure is aunch with this price after they have done all the market survey and feasibility study
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It’s their duty to their shareholders to sell their products to you at maximum profit they can get away with. They have brand and reputation premium too. Caveat is other buyers need to feel the same as well to have a sustainable market later on.
Cavatzu
post Jun 8 2023, 09:36 AM

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QUOTE(bigman @ Jun 2 2023, 11:09 AM)
wording "Wellness" very subjective... why dont they direct use hospital, medical specialist or so on...

wellness also will mean rumah orang tua, rumah jagaan orang kurang upaya, rumah sakit mental...etc...

really fishy... never heard ministry of health endorsed this project...no backing from government policy ...how to attract foreign patients come here to receive medical care?

our malaysia government hospital actually very good... like hospital serdang, selayang, UM, USM, UKM and IJN....staying nearby these hospital no need to pay 1000psf...

i got units part of Sunway township - Sunway Medical Center and Sunway Velocity Medical Center.... never got one doctor or patient family member come to knock my door asking to rent....
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We have a substantial ageing population and Malaysia already lags behind developed nations for aged care facilities. This is a product that will appeal to fairly affluent boomers.
Cavatzu
post Aug 31 2023, 06:48 PM

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QUOTE(Julia78 @ Aug 31 2023, 06:20 PM)
Only VP, will know from you about the quality.
Do you know the price for Block B? price raise?
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It’s Sunway, they are not cheap and the quality will be there. Not the most fancy but consistent and pragmatic.
Cavatzu
post Mar 16 2024, 02:44 PM

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QUOTE(IronManz @ Mar 14 2024, 10:41 AM)
For potential buyer, should compare even if some aspects different. Both are within his radar.
Anyone checked out Kingwoodz? Location’s more ideal? Nearer to Pavilion and BJ recreational park
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Yea I don’t know why people don’t compare 2 different projects in the same area citing one is for own stay and the other investment. It’s a home and it’s meant to operate the same. For investment, you need to be aware of all competition like it or not.
Cavatzu
post Mar 17 2024, 11:31 AM

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QUOTE(tesoon @ Mar 17 2024, 10:08 AM)
Not to say not compare but one need a basic understanding on what oneself needed, like car, a suv and sports sedan , serves different requirement, some ppl already know they prefer suv , kenape go compare other type of car with same budget , if every other product nearby with different target audience also need a deep comparison sounds like the person dont really know what his need yet
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The different target market is marketing speak. You are a buyer not a seller. It’s on your onus to buy something that is the best bang for your buck lest you suffer the circumstances later.

SDB had a target market of upper middle class in Sungai Buloh. How did that pan out? There’s tonnes of lessons in these forum threads.
Cavatzu
post Mar 18 2024, 08:55 AM

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A lot of passive aggressive comments here. All I’m saying is to compare maybe 4 to 5 projects to identify a trend particularly new launches and recently VP. Heck throw in a rumahwip if it’s fully rented out and the rest aren’t to get an understanding of the ceiling price for rental.
Cavatzu
post Jul 18 2024, 10:11 AM

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QUOTE(shaoching @ Jul 17 2024, 01:43 PM)
they using own contractor- sunconc, so money left pocket to right pocket only.
nobody dare to delay  tongue.gif  tongue.gif
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The Chinaman way. Own the whole supply chain. The development business needs to be profitable not the construction one.
Cavatzu
post Jul 18 2024, 12:51 PM

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QUOTE(shaoching @ Jul 18 2024, 10:51 AM)
developer getting profit by selling the properties and contractor getting profit by saving on the construction cost. win-win situation.
that's why big development players are getting stronger and stronger nowadays.
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Don’t pray pray with Sunway. They kicked Arab Malaysia out of KLSE top index.

 

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