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Investment D'ERICA RESIDENCES @ CENTRAL PARK DAMANSARA, The Integrated City of Damansara

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chelsea2013
post Dec 27 2020, 11:53 PM

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Anyone interested to share referral fees can PM me ya😃
OneTwoOne P
post Jan 4 2021, 02:43 AM

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Anyone know how much the referral bonus will be? I suspect my agent is trying to pull a fast one on me.
Alexsiew P
post Jan 9 2021, 11:59 AM

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QUOTE(canjeth @ Dec 27 2020, 12:43 PM)
I recently got my loan approved with 2.89% interest rate. Can PM me your number and email to refer you to my banker.
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Hi can I know what is the amount % approval and tenure year.

Erictan1981
post Jan 10 2021, 01:27 PM

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QUOTE(Alexsiew @ Jan 9 2021, 11:59 AM)
Hi can I know what is the amount % approval and tenure year.
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Ask your loan banker. All this information should be easy to advise or provide by loan banker. For tenure year, 70-curent age. For loan amount , calculate DSR(total commitment/net income),you should able to knw loan amount to be approve.
JonathanIB
post Jan 14 2021, 04:38 PM

KL PJ 100+project handling to find the best suit project for u.
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Hi, anyone interested to share referral fees?
If you are interested, please contact me 0123760864. Thanks!
Connie Chew P
post Feb 7 2021, 01:49 AM

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I heard this project is selling fast, worth investing? Can see appreciation?
Babizz
post Feb 7 2021, 08:12 AM

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QUOTE(Connie Chew @ Feb 6 2021, 11:49 AM)
I heard this project is selling fast, worth investing? Can see appreciation?
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Ever invested in any project with 4000-5000 units?

Erictan1981
post Feb 7 2021, 08:16 AM

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QUOTE(Connie Chew @ Feb 7 2021, 01:49 AM)
I heard this project is selling fast, worth investing? Can see appreciation?
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Yes, worth for investment n hold at least 5-10 years above. Reason below
Township development at PJ.
Next to several mature township TDDI, kota damansara, desa park city etc.
accessibility is good v dash highway is plus point.
Near by many MNC company n hospitality n the affordable at PJ.

flight
post Feb 21 2021, 09:26 AM

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8.3 acres out of total 61 acres. 61/8.3=7.3

2.8k units out of 8.3k acres. 2.8*7.3 = 21

thats about 21k units over 61 acres if its the same density.

assuming 2 ppl to 1 unit, thats 42k people, not including the population from empire city.

Cyberjayas population is only about 120k people over thousands of acres. This is seriously high density. Cant argue about the location and accessibility though
annoymous1234
post Feb 21 2021, 10:32 AM

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Can't compare cyberjaya with PJ. Totally different location. PJ is a matured township with everything in one place. Cyberjaya is far away from everything else. Anyway, those interested can contact me for referral fees too. click here -> https://forum.lowyat.net/index.php?showtopic=4942129&hl=

This post has been edited by annoymous1234: Feb 25 2021, 12:12 AM
whtan94 P
post Feb 21 2021, 11:02 AM

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QUOTE(flight @ Feb 21 2021, 09:26 AM)
8.3 acres out of total 61 acres. 61/8.3=7.3

2.8k units out of 8.3k acres. 2.8*7.3 = 21

thats about 21k units over 61 acres if its the same density.

assuming 2 ppl to 1 unit, thats 42k people, not including the population from empire city.

Cyberjayas population is only about 120k people over thousands of acres. This is seriously high density. Cant argue about the location and accessibility though
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Although the masterplan is just 'word of mouth' by SA, but unlikely developer will build all residence building in this whole piece of land la, some will be shoplot / office tower for sure.

If u plan to buy for own stay, and u feel the location and accessibility is good, why bother high or low dense population? it won't affect u anyway.

For investors, the real problem u should take note is completion date for the first 4 phases are very close (within 1 year?), meaning after u take the key, u immediately need to compete with 2.8k units in rental / subsale market. So in shortterm (1-3years) don't expect high rental income / high selling price.

I'm sure SA will tell u their price is lower than surrounding high rise market price, but please do your homework, if u ask me, i don't think so la. The future value of D Erica highly depends on the CPD masterplan and the empire city mall, if u believe the developer, then go for it and hold until the township matured.

My 0.02 cents opinion.
DRKLM_91
post Feb 21 2021, 01:48 PM

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to be honest, i'm not sure how well empire city will do. It's a very huge uncertainty there. I'm curious, has there been any project that are super high density with huge success? And when i say huge success, i'm not talking about sold out. I'm talking about occupancy rate, maintenance, traffic, residents double parking outside causing street congestion etc..

roads infrastructure there is not exactly good at this moment, i'm sure they will upgrade it once the project is done. I think this project really hinge on the success of empire city. There's alot of upside potential and downside risk
flight
post Feb 21 2021, 02:15 PM

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I think the mall will definitely be successful, i have a question mark over the residentials there though.

Imagine having 30+ towers within walking distance to ur shopling mall. Connected by 2 major highways, dash and ldp. The mall is positioned for success, but ppl arent buying the mall though. They r buying the condos

This post has been edited by flight: Feb 21 2021, 02:16 PM
Simrendhaliwal14 P
post Feb 21 2021, 02:23 PM

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QUOTE(PliZ.Proficient @ Dec 27 2020, 10:28 AM)
Proud owner of D’Erica and just signed SPA yesterday smile.gif Any existing buyer WhatsApp group ? Anyone interested can also pm to split referral fees tongue.gif
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Hi. Would like to be added to the said what’s app group. Any link?
esseeten
post Feb 21 2021, 02:30 PM

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Hi future buyer here. I think the mall will atleast be successful coz it would be the nearest grocery shopping source. Kind of like how Aeon at OneUtama feeds the BU population haha. Plus with the sky garden bridge thing connecting to the Empire City mall and you can just walk, is a plus for good shady days/afternoons.

Until the commercial bit in the centre land between DErica and DQuince, DVervain and DCosmos is completed, then maybe the mall wont be so popular - just balanced out?
annoymous1234
post Feb 21 2021, 02:36 PM

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Erica has nothing to do with empire city mall. They are not even on the same land. The mall is not part of the 65 acre township. Empire city mall is just a plus point.
esseeten
post Feb 21 2021, 02:38 PM

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QUOTE(whtan94 @ Feb 21 2021, 11:02 AM)
Although the masterplan is just 'word of mouth' by SA, but unlikely developer will build all residence building in this whole piece of land la, some will be shoplot / office tower for sure.

If u plan to buy for own stay, and u feel the location and accessibility is good, why bother high or low dense population? it won't affect u anyway.

For investors, the real problem u should take note is completion date for the first 4 phases are very close (within 1 year?), meaning after u take the key, u immediately need to compete with 2.8k units in rental / subsale market. So in shortterm (1-3years) don't expect high rental income / high selling price.

I'm sure SA will tell u their price is lower than surrounding high rise market price, but please do your homework, if u ask me, i don't think so la. The future value of D Erica highly depends on the CPD masterplan and the empire city mall, if u believe the developer, then go for it and hold until the township matured.

My 0.02 cents opinion.
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Yeah, it wont be all residential for sure. As masterplan have shown, and were told by SA - the centre would have a green park space with commercial (whether its shoplot or tower tbc i guess). Even more high end residential was said maybe built on the side facing the forest reserve - but im guessing that would be dependent on how well they do with these 4 upcoming resi. (Quince, Vervain, Cosmos and Erica). I've done my research on the architecture firm who prolly did the early massing masterplan for CPD. and so far what SA conveyed has said is likely to be true unless Exsim decides otherwise.
esseeten
post Feb 21 2021, 02:42 PM

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QUOTE(annoymous1234 @ Feb 21 2021, 02:36 PM)
Erica has nothing to do with empire city mall. They are not even on the same land. The mall is not part of the 65 acre township. Empire city mall is just a plus point.
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No they're not, but there is a sky garden bridge that is suppose to be connecting point between CPD and Empire City right? and that park bridge is closest to Erica. However yea im aware the Mall is meant to be on MKLand's part to finish, if that's what you meant by it has nothing to do w Erica.
infernape772
post Feb 21 2021, 03:38 PM

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Do note that this is a leasehold project, so whatever you foresee will happen in the future, taking development time, maturity time, moving in time of people to grow and make this place matured, your leasehold tenure is ticking by the year.
PliZ.Proficient
post Feb 21 2021, 03:56 PM

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QUOTE(Simrendhaliwal14 @ Feb 21 2021, 02:23 PM)
Hi. Would like to be added to the said what’s app group. Any link?
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Don’t think there’s a WhatsApp/Fb group set up yet. Maybe someone here would like to take a lead tongue.gif

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