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 Legasi @ BK8 Kinrara, Freehold DST

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jasperng
post Sep 9 2021, 02:52 PM

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QUOTE(lumdra @ Sep 9 2021, 02:05 PM)
yes by SP setia also.. near golf course (but i received tips that one day the golf course also will develop)
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haha they should if they wan to monetise more money. just wasteful to use it as golf course which underutilised.

jasperng
post Jul 25 2022, 07:51 AM

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QUOTE(Zihao006 @ Jul 22 2022, 06:30 PM)
user posted image

The is the road in front of Legasi 1, today at 5pm, and generally this road is in bad condition.

What are your thoughts? Is the developer going to rectify this?
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They dug the road to change water pipe last few months ago . I guess it should be fixed soon.
jasperng
post Jul 25 2022, 07:52 AM

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QUOTE(msa9696 @ Jul 24 2022, 11:55 PM)
Anyone knows if we won the ballot but decided not to proceed with the purchase, will they refund the RM 5k?
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They don’t even take ur cheque , just upload the picture . So yes it’s refundable coz you r u submitting picture of your cheque.
jasperng
post Jul 25 2022, 09:56 AM

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QUOTE(bigman @ Jul 25 2022, 09:43 AM)
Good strategy ya to avoid people to participate… the dateline for balloting registration until this Wednesday 4pm…

I think allocation for public to buy very few especially for non bumi…
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ya .. probably only 22 units for non bumi . limited supply
jasperng
post Dec 2 2022, 11:14 AM

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any one partcipating Theara II ballotting today ?

Btw any legasi 1 owner has news when is the VP for Legasi 1?
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.


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
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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.

jasperng
post Apr 5 2023, 10:06 PM

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One of our owner in Legasi 2 generously prepared comparison of the potential setup for Guard house for Legasi 1,2,3 and 4. Whether legasi 1 and 2 guard house should be separated or shared with legasi 3 and 4.

Would definitely love to gather opinions on these options as below
Personally RA should work towards having gated community as it will increase the future value of the property due to demand for gated housing is always rising.

Attached Image

This post has been edited by jasperng: Apr 5 2023, 10:08 PM
jasperng
post Apr 6 2023, 05:13 PM

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QUOTE(888-Alien @ Apr 6 2023, 12:02 AM)
I share the same thought, indeed a better version is Legasi 1&2 for Residents and visitors, Legasi 3 & 4 for residents (auto RFID), so morning 4 guards, night 3 guards

7 x 10/hr x 12 x 30.5 = RM25,620
Security fees per house = RM105.43
To play safe, RM150.00 is better, there are some other hidden cost
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Yea I also leaning to option 4 , but 3 and 4 should still have one guard to ensure no walk in through the barrier.

120-150 are quite fair. Again as you mentioned the issues are always collection and how strong the RA able to convince owners that have gated are beneficial not only for security but the future values of the property.
jasperng
post Apr 7 2023, 12:31 PM

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QUOTE(888-Alien @ Apr 7 2023, 09:10 AM)
Many security company claim that their Nepalese guards are Gurkha ex army soldier, this is bullshit, but Nepalese guards are generally better than local guard which is more disciplined and patience, my Taman is lying RM9.50/hr now, a rise of RM0.50 every 2 years which I think is acceptable.
Usually a new RA pro tem can have 90% of residents to join as member, the remaining 10% is depend on the efficiency of the RA’s operation to convince them.
While Legasi 1&2 are getting their keys now, I do suggest that Legasi 3&4 owners join to discuss this matter, someone need to champion this.
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good to know nepalese is the one to look for.

yea L1 and L2 will set precedent. Hopefully the RA can be strong so L3 and L4 can follow too! we definitely need more L1 and L2 owner to join telegram group. The more the merrier. please do inform if any one know L1 and L2 owners which not joined owner group


QUOTE(888-Alien @ Apr 7 2023, 09:24 AM)
Precisely
Security is the most important part for new purchaser’s concern, once the security is absence, property price may drop 10% immediately, this happen in many existing BK old phases i.e BK1-5, vice versa once a guarded system is established, a particular Taman may raise the interest of house buyers, hence property price will increase gradually in long term.
The main reasons that causing RA ceased are :-
1. No volunteers
2. Collection rate drop below 40%
3. Mismanagement
4. Disharmony among residents
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Agreed.
jasperng
post Apr 7 2023, 12:32 PM

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duplicated post

This post has been edited by jasperng: Apr 7 2023, 12:32 PM
jasperng
post Apr 10 2023, 10:39 AM

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QUOTE(888-Alien @ Apr 7 2023, 09:55 PM)
Just let Legasi 1 & 2 owners set up their RA, from my experience unless someone willing to take up the task, if not it may wait 6-12 months or 30% occupancy rate after VP to initiate the RA forming, mostly watch and see.

SP Setia is not likely to handle security issue
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Foresee first year everyone probabbly busy with own renovation at their house . It will take time to form RA and start the discussion

QUOTE(IronManz @ Apr 9 2023, 11:35 PM)
You're right, if we aim not to sell it off.  For an LH property with not many years remaining, may be harder to sell / buyer to get loan
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Yea ... bank generally wont loan if the tenure is 60 y and below ..

jasperng
post Apr 10 2023, 10:40 AM

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QUOTE(888-Alien @ Apr 8 2023, 01:15 AM)
In general BK8 land is high at 40m-50m, which is silmilar to BK5 Permai and Desiran, BK1-BK4 are around 30m,
For wellness city, after I visited the site during the official site opening, I don’t it is a good bet, developer is very vulnerable, with 28 acres of land projecting RM11BN is crazy and u realistic, Pavilion City of 60 acres only hit GDP of RM8 Bn, I told the sales lady that the project is very risky.
And to my expectation 70% of the said parcel being alienated and sold to 3rd party.
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i dont bet on kl wellness. to me it's a bonus to have. it is a risky bet as we still dont know if tourism medical will really work. Make or break . nevertheless , that area indeed need a hospital to complete the amenities required for a successful township.

Bank
school
hospital
Mall
Park
lrt

This post has been edited by jasperng: Apr 10 2023, 10:49 AM
jasperng
post Apr 10 2023, 04:05 PM

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QUOTE(888-Alien @ Apr 10 2023, 11:12 AM)
Bukit Jalil has 3 large plot of land remaining
1. WCT - 70 acres
2. MRCB - 300++ acres
3. Land opposite Pavilion - 70 acres +-
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Where’s mrcb land?

The one opposite pavillion is phase 3 technology park

Waiting for more development to make the place more vibrant !

 

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