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Investment KAIA HEIGHTS @ EQUINE PARK, Exclusive Hilltop Luxury Living

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SUSYH1234
post Mar 18 2021, 12:41 AM

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QUOTE(Aghamster145 @ Mar 2 2021, 09:00 PM)
Equine residence first phase 610 psf for 1000sqft, phase 2 560psf. So i think kaia priced reasonable.
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i think springville and la thea both drop below 500 psf, and rental per month is less than 1k, landscaping wise, sierra 16 seem much better and look tidy, taman equine area is a bit old and messy, yet completed lrt station is not walking distance, or shall i say at least 30 minutes walk. one can buy a second hand double storey nearby for the same price with bigger build up, the only thing reasonable at this price is perhaps the developer reputation and lifestyle?
SUSYH1234
post Mar 20 2021, 01:11 PM

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QUOTE(babygrand123 @ Mar 19 2021, 12:54 PM)
La Thea under IOI financing about 36% rebate but with term and condition! One of the requirement is to hold the unit after 10 years in order to enjoy the fruitful rebate!!! What a insincere rebate given by IOI ? they knew the entire sierra project have so many left over unit but than still trying to give your " AIR ASIA Pricing " strategy  doh.gif

Somehow i going to meet their sales team for the further understand " insincere rebate "
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i think la thea or conezion not really aa pricing, it is more likely mas premium charge, however the financing scheme would enhance one chances to obtain a lower sum bank loan, which may not qualify in the first place without that ioi scheme. not only sierra 16, most condo nearby seem not occupied either is leftover or owner rather not rent it out, the miniscule 1k rental may not enough to cover the maintenance charges.

that said, there are still many that buy gallerie due to working nearby or want to stay near family. but a 15 years old double storey with 2000sqft or more cost less tha 650k, thus perhaps kaia need an innovative financing scheme as well.
SUSYH1234
post Mar 23 2021, 11:30 AM

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QUOTE(dzila_87 @ Mar 21 2021, 09:13 AM)
Sorry, I need to fixed a few of your facts. For a background, I'm staying on the opposite side of equine park and I have a unit there. The condo rent here are 1.5K for 2 bedrooms and less than 1K rent that you are mention are soho unit. Since equine is connected to Lestari Putra and Kota Perdana, there are a lot of talam project around and the prince of landed that you're mention are mostly by Talam.

Equine park is under MPSJ while 16 Sierra is under MPS (Sepang). 16 Sierra only accessible by LDP and SKVE.

I think you should compare Zeva Residence, Sfera Residence, 3 Element, Equine Residence, O2 Residence and Galleria for condo comparison.

For landed, Villa Avenue, Sunway Eastwood and Karisma Hills it's a good start.

Equine area have Aeon, Giant, Pasar Borong, Starbuck, McD, KFC, Familymart, Domino & Pizza Hut nearby. While for Banking, we have PBB, MBB, Hong Leong and CIMB. Mind u that 16 sierra fella have to go out to skve or ldp to go to this facility since there are no direct connect between 16 sierra and equine (they block the road)

Owh..and I have to add. Equine area will get 2 MRT station. One is the one near some flat and another one at Giant area. If u drive a bit, there is another station at Mex exit called Taman University. 16 sierra only got 1 station.

Just to highlight. My point is 16 sierra is not a good comparison for equine area. There are other project in this area that you can compare.

On side note, we have farm in the city here for family outing. Too bad uem sunrise sales staff like dunno how to highlight this in their sales brochure
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i am not familiar with many thing property, bear with me if my view is base on very laymen interpretation.

1.5k is fully furnished, 1.2k is partially furnished, minus off mgt fee, i think net is around 1k.

the double storey i mentioned is taman equine, located next to kaia, nothing to do with talam or lbs. and i dont understand why you want to compare kaia with semid or condo with many soho and studio unit, while springville and lathea have pretty close build up and facilities.

sierra 16 is 5 to 10 minutes drive to equine. which mean they can share most of the banking, eaterie and shopping you mentioned but not all the mess and traffic. moreover i guess giant and farm in the city is much closer to sierra 16 than taman equine, and i am not sure how 2 or more station help when one still need to walk under the sun for 30 minutes to the nearest one.

if one buy kaia for sake of investment, i think the rental income is too low compare to puchong area, there is no college or university nearby, the international school fee opposite springville is targeting student that are from more affluent background that most probably would not choose to live in a taman equine condo.

however like i said, maybe the name uemsunrise is good enough to attract buyer, and some people just love condominium lifestyle.

SUSYH1234
post Mar 23 2021, 09:10 PM

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QUOTE(xerofear @ Mar 23 2021, 04:49 PM)
Woes of a 16 Sierra resident travelling towards Equine to get into MEX. Agree regarding the mafaness of the blockade. However travelling from Equine to 16 Sierra no blockade

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without the blockade n big turn, the waiting time for the traffic light junction not really shorthen if travel to equine direction.

i noticed the subsale price for condo in this area remain same or drop, however landed property in sunway eastwood and villa avenue seem double versus developer price, however i am not sure if this are true transacted price or merely agent price. i pass by villa avenue, it seem the occupancy is less than 20%. a bit odd, mean most buyer own many many properties?

 

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