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 Legasi @ BK8 Kinrara, Freehold DST

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Hermes Aspiration
post Mar 21 2023, 12:03 AM

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QUOTE(rumahwip @ Mar 17 2023, 05:44 PM)
just wait? u expect the price to drop?
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You expected the price can continue to climb to RM 1.7mil by this year and break the record that even DPC cannot match?
bigbang90
post Mar 21 2023, 06:42 AM

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QUOTE(Hermes Aspiration @ Mar 21 2023, 12:03 AM)
You expected the price can continue to climb to RM 1.7mil by this year and break the record that even DPC cannot match?
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DPC terraces are 2.4 to 2.8 mil for intermediate. That’s like almost double… Legasi is not close.

There doesn’t seem to be any record of transacted prices anyway. 1.5 mil could be asking price but after nego, actually transact at 1.3 or 1.4?
rumahwip
post Mar 21 2023, 09:39 AM

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QUOTE(Hermes Aspiration @ Mar 21 2023, 12:03 AM)
You expected the price can continue to climb to RM 1.7mil by this year and break the record that even DPC cannot match?
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then?
jasperng
post Mar 21 2023, 10:54 AM

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QUOTE(Hermes Aspiration @ Mar 21 2023, 12:03 AM)
You expected the price can continue to climb to RM 1.7mil by this year and break the record that even DPC cannot match?
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dont expect price will drop ... there will be another double storey going to launch near Irama there. developer expected to launch starting from 1.4mil from what i heard.
Anyway, given there's KL Wellness, and Technology park (Opposite sirim land). 1.6-1.7mil wont be too far fetched but may take another 2-3 years to achieve it.


Hermes Aspiration
post Mar 22 2023, 07:45 AM

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QUOTE(jasperng @ Mar 21 2023, 10:54 AM)
dont expect price will drop ... there will be another double storey going to launch near Irama there. developer expected to launch starting from 1.4mil from what i heard.
Anyway, given there's KL Wellness, and Technology park (Opposite sirim land). 1.6-1.7mil wont be too far fetched but may take another 2-3 years to achieve it.
*
No, I never expect price will drop because one can find it at below RM 1.4mil and I not interested during RM 1.3mil nego due to some feng shui matters. Someone mentioned at RM 1.5mil, it could be asking price before nego or someone bought it desperately.

The DSTH near Irama side is slightly better because nearer to golf side, but the only disadvantage is lower land. I forgot that one is 100+ or 200+ units of 22x80.

I personally feel don't rely on KL Wellness City because it was a difficult project to be fully materialized and take longer tenure to complete. Pavilion BJ could be the factor.
rumahwip
post Mar 22 2023, 05:29 PM

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QUOTE(jasperng @ Mar 21 2023, 10:54 AM)
dont expect price will drop ... there will be another double storey going to launch near Irama there. developer expected to launch starting from 1.4mil from what i heard.
Anyway, given there's KL Wellness, and Technology park (Opposite sirim land). 1.6-1.7mil wont be too far fetched but may take another 2-3 years to achieve it.
*
hi, u got name of the project near Irama? tq
surf-it
post Mar 29 2023, 01:42 PM

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Irama villa 1 balloting today, crazy amount of people fighting for that 34 slots...
rumahwip
post Mar 29 2023, 01:53 PM

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banyak orng have2
888-Alien
post Apr 2 2023, 11:27 AM

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QUOTE(AgentVIDIC @ Aug 13 2022, 10:15 PM)
confirmed 2 guard house? saw some posts saying just one that will be shared by all 4 phases  blink.gif
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Legasi 1&2 = 1 guard post
Legasi 3&4 = 1 guard post

Eventually it leave it to Legasi 1-4 respective RAs to decide whether they want to joint together to form a big RA for managing the Taman, I see not likely Legasi 2 is blocked from accessing to Legasi 3
888-Alien
post Apr 2 2023, 11:29 AM

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QUOTE(lumdra @ Aug 18 2022, 01:51 PM)
Thanks! i realized alot of l4 people from LYN!
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I will PM my number

888-Alien
post Apr 2 2023, 11:52 AM

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QUOTE(panda@KL @ Mar 9 2023, 06:43 AM)
Overpriced.. location wise, it is still facing traffic jam.. need to pass through jalil highway.

Here no mature business park nor famous school. Only got 1 community mall pavilion BJ

Layout is normal only.

If buy at launching price, that’s reasonable.
*
I stay in BK for 25 years, many outsiders don’t understand the BK market and wonder why the selling price for latest houses fetching such a high price
BK development stared in 1990, offering mainly single and double story landed homes, there are about 10,000 landed properties in entire BK now, I may say 80% of the houses are very bad in terms of facade, layout and quality, to be precise, the worse in Puchong, only when Harmoni phase (BK5) I&P realise the market needs and change the layout to a bigger build up (>1,700sf).
about 50% of Legasi series purchasers are domestic market, they are staying in BK for years, that drive the price to a new height, I reckon the price is still reasonable at RM1.5 mil judging from few perspectives:-
1. Location (Proximity)
2. Building quality
3. Futuristic design
4. Density (Gate-to-gate width 50 feet)
5. Sitting above sea level 50m
6. Landscaping
7. >2,000sf built up is so rare in BK market (<10%)

My 2 cent
rumahwip
post Apr 2 2023, 09:53 PM

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amazing 2 cents
jasperng
post Apr 3 2023, 10:50 AM

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QUOTE(888-Alien @ Apr 2 2023, 11:27 AM)
Legasi 1&2 = 1 guard post
Legasi 3&4 = 1 guard post

Eventually it leave it to Legasi 1-4 respective RAs to decide whether they want to joint together to form a big RA for managing the Taman, I see not likely Legasi 2 is blocked from accessing to Legasi 3
*
I heard developer wont be providing the guard post .. RA will need to come together to build the guard post. I guess it's more beneficial to combine one RA to manage both Legasi 1-4 to ensure consistency and quality.



QUOTE(888-Alien @ Apr 2 2023, 11:52 AM)
I stay in BK for 25 years, many outsiders don’t understand the BK market and wonder why the selling price for latest houses fetching such a high price
BK development stared in 1990, offering mainly single and double story landed homes, there are about 10,000 landed properties in entire BK now, I may say 80% of the houses are very bad in terms of facade, layout and quality, to be precise, the worse in Puchong, only when Harmoni phase (BK5) I&P realise the market needs and change the layout to a bigger build up (>1,700sf).
about 50% of Legasi series purchasers are domestic market, they are staying in BK for years, that drive the price to a new height, I reckon the price is still reasonable at RM1.5 mil judging from few perspectives:-
1. Location (Proximity)
2. Building quality
3. Futuristic design
4. Density (Gate-to-gate width 50 feet)
5. Sitting above sea level 50m
6. Landscaping
7. >2,000sf built up is so rare in BK market (<10%)

My 2 cent
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Agreed. Point 5 is important given klang valley has flood risk.

alot of upgrader within BK residents it self.

With more projects are building up near Pavillion, it will increase the quality of life of this area.

rumahwip
post Apr 3 2023, 11:43 AM

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legasi is individual title and no DMC, right
888-Alien
post Apr 3 2023, 12:49 PM

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QUOTE(rumahwip @ Apr 3 2023, 11:43 AM)
legasi is individual title and no DMC, right
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DMC only applicable for stratified properties, a very rare case is Kinrara Residence (link) with individual title come with DMC
That is because a clubhouse was built in conjunction with Palmiera and Ambrosia (SD and Bungalow) which are stratified in ownership, the link houses hv vested interest on it, hence a DMC was purposesly designed to accomodate the needs
888-Alien
post Apr 3 2023, 12:58 PM

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QUOTE(jasperng @ Apr 3 2023, 10:50 AM)
I heard developer wont be providing the guard post .. RA will need to come together to build the guard post.  I guess it's more beneficial to combine one RA to manage both Legasi 1-4 to ensure consistency and quality.
Agreed.  Point 5 is important given klang valley has flood risk.

alot of upgrader within BK residents it self.

With more projects  are building up near Pavillion, it will increase the quality of life of this area.
*
Precisely, an RA need to be formed under ROS.
It is good that the purchaser can get together to discuss this matter as security is top priority, according to my experience, I&P will accept request from respective RAs (new launches) for setting up guard post, RA’s role is to apply TOL from land office, this is usually carried out by developer in the name of RA.

Legasi 1&2 = 156 units
Legasi 3&4 = 87 units
If 156 units alone, 3 guards for morning and 3 for night, current rate is about RM9.00/hr, hence security charges is around RM130/household, RM150.00 monthly collection is a fair rate, if for me I would suggest RM170.00 for miscellaneous

Sir_Jim
post Apr 3 2023, 11:44 PM

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QUOTE(888-Alien @ Apr 3 2023, 12:58 PM)
Precisely, an RA need to be formed under ROS.
It is good that the purchaser can get together to discuss this matter as security is top priority, according to my experience, I&P will accept request from respective RAs (new launches) for setting up guard post, RA’s role is to apply TOL from land office, this is usually carried out by developer in the name of RA.

Legasi 1&2 = 156 units
Legasi 3&4 = 87 units
If 156 units alone, 3 guards for morning and 3 for night, current rate is about RM9.00/hr, hence security charges is around RM130/household, RM150.00 monthly collection is a fair rate, if for me I would suggest RM170.00 for miscellaneous
*
What if some of the owners don't want pay the fees, will the remaining be still paying for it?? Will there be any perimeter fencing, just those wave hand security?
888-Alien
post Apr 4 2023, 08:13 AM

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QUOTE(Sir_Jim @ Apr 3 2023, 11:44 PM)
What if some of the owners don't want pay the fees, will the remaining be still paying for it?? Will there be any perimeter fencing, just those wave hand security?
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Nothing much can be done if some owners refuse to pay, it happens to many Tamans, there were about 33 RAs exist in BK in the last 27 years, it started since 1995 in BK4, since then almost 50% already ceased, life span less than 10 years.

In order for RAs to be strong, a few factors needed
1. Number of houses (the bigger the merrier, it lower the collection fees)
2. RA needs a “jantung” - The existence of management office, this is quite rare in the market, Managemnet office only exist in stratified property, but only a handful of non-stratified Tamans practice it, it is extremely important, I can share my experience.
3. The design of the guard system is crucial, it tackle non payable residents, so far the court favors Tye RAs, many attempt to challenge the RAs were failed.
4. Anti-climbed fence will be erected by developer, this practice started since Desiran phase back in 2011, Legasi series will be fully fenced.

Not too worry about non paying member, in general many new purchasers are more collaborative and supportive, it all depends on the unity & harmony of the neighborhood, need a plan.

47100
post Apr 4 2023, 02:15 PM

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QUOTE(888-Alien @ Apr 4 2023, 08:13 AM)
Nothing much can be done if some owners refuse to pay, it happens to many Tamans, there were about 33 RAs exist in BK in the last 27 years, it started since 1995 in BK4, since then almost 50% already ceased, life span less than 10 years.

In order for RAs to be strong, a few factors needed
1. Number of houses (the bigger the merrier, it lower the collection fees)
2. RA needs a “jantung” - The existence of management office, this is quite rare in the market, Managemnet office only exist in stratified property, but only a handful of non-stratified Tamans practice it, it is extremely important, I can share my experience.
3. The design of the guard system is crucial, it tackle non payable residents, so far the court favors Tye RAs, many attempt to challenge the RAs were failed.
4. Anti-climbed fence will be erected by developer, this practice started since Desiran phase back in 2011, Legasi series will be fully fenced.

Not too worry about non paying member, in general many new purchasers are more collaborative and supportive, it all depends on the unity & harmony of the neighborhood, need a plan.
*
can you share how to tackle non paying residence? they might have many reasons behind it...
anyhow they are not legally oblige to pay right?
rumahwip
post Apr 4 2023, 03:05 PM

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if no DMC, dont tink is legally binding

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