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Household Is D’Erica by Exsim consider a high density?, Is it a good buy?

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Erictan1981
post Mar 16 2021, 01:23 PM

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it township development n location ia very strategy near mature township connectiviy to all major highway. Still early to judge about appreciate value. The whole masterplan will have office tower, reakresi park, school etc.
Windzneom
post Mar 16 2021, 01:27 PM

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QUOTE(Allkine808 @ Mar 16 2021, 09:21 AM)
My daughter she is 7 years old and we are renting at the moment. And both my wife and I are working in Damansara area. That’s why we are looking to settle down in this area.
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For me, talk it not from an agent POV, but as a lowyat forum sharer,
would suggest you go for tropicana edelweiss as it is beside tropicana garden mall, as well as MRT station. Nearer to DASH highway if you always travel and surrounded with shops and food also.


Ofcourse For the same price ofcourse, you will get bigger size at D'erica, but D'erica is honestly too high dense and it's not really suitable for family i would say. The inner road thru flora, is seriously headache, bumpy and scary. A lot of abandoned cars also. in terms of investment, high dense, how you going to compete when you wanna sell it or rent it out (if let's say one day you decide not to stay)
When a project is high dense, it normally attract more tenant than own stay, and it's hard to control for the security and management team as well. Don't forget about maintenance fund as well.
if compare to edelweiss, i will expect definitely will get higher price in terms of the convenience, comfortable, and not to mentioned, i think the quality will be better as well.

Downside of edelweiss, for me, because there's soho unit here as well, you might feel not really secure. But not sharing same lift lobby la.
Second, you need to walk to the mall/MRT with covered walkway but yet, not too far.
Third,not sure which part you work in damansara, if let's say you are going back home from LDP side, is quite jam at persiaran surian until here. (Anyhow you can take alternative, which is MRT)

Windzneom
post Mar 16 2021, 01:32 PM

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QUOTE(Babizz @ Mar 16 2021, 01:18 PM)
Crazy density in this township. Can ezim sign a letter saying no more residential development here??

Total this township how many tens of thousands of units?
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Haha babizz boss, we all know developer definitely wont sign that la.
Look at XXX oug now....from original master plan few blocks until now, become concrete jungle liao...
that's why i'm thinking, one of the point that we should concern before buying a high-rise also need to see if beside there still have empty land/very old landed or industrial land to be possibly buy by developer to build another blocks or not.

user posted image

This post has been edited by Windzneom: Mar 16 2021, 01:33 PM
silon01
post Mar 16 2021, 01:53 PM

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Speaking about density, if you have the opportunity to drive to Tropicxna Gardxn then you will know the planning of entrance to this mall is not ideal, visitors and residence share the same entrance, causing massive traffic jam at the entrance.

Was stuck at the entrance for more than 40mins before going into the carpark over the last weekend.

Not to mention, because of the mall they narrowed the road of Kota Damansara, and causing massive traffic jam to go in and out.

The town council and Tropicxnx really need to consider alternative routes to ease the traffic.

Pro of this will be very matured township and connected TOD with MRT, short term stay on rent yes but long term ownstay is not ideal.
Erictan1981
post Mar 16 2021, 02:10 PM

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QUOTE(Windzneom @ Mar 16 2021, 01:32 PM)
Haha babizz boss, we all know developer definitely wont sign that la.
Look at XXX oug now....from original master plan few blocks until now, become concrete jungle liao...
that's why i'm thinking, one of the point that we should concern before buying a high-rise also need to see if beside there still have empty land/very old landed or industrial land to be possibly buy by developer to build another blocks or not.

user posted image
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Bro, you can't compare OUG MXXXX with Damansara. Both are apple vs Oren.
Damansara/PJ property no whether how bad situation, it always have core value and i didn't see property price in PJ area will be bad drop in the past.

Agreed with slightly higher density, but these is township development near by few mature township. Their plan is to attract more residential & population to make BEFORE commercial construction such as office tower, school/college, rekreasi park in place.

Low density you might need to paid high maintenance cost & risk for whole master plan development fail due to low population.
Despite 4 project phase with 10K approximately. Each of them have their own theme & facilities.
The demand in PJ area is always there due to high move in population & high job opportunities, education etc.

Anyhow these project is really very hot selling. Both tower A & B almost 90% sold & book.
I attached sales chart for your reference. All red color being booked & 80% above with SNP signed if not mistaken based on statistic information from IQI.

This post has been edited by Erictan1981: Mar 16 2021, 02:33 PM


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Erictan1981
post Mar 16 2021, 02:19 PM

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Despite is D series product. The arties impression is very nice.

This post has been edited by Erictan1981: Mar 16 2021, 02:29 PM


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heavensea
post Mar 16 2021, 02:37 PM

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Yes but pros is your maintenance MIGHT be able to maintain at a reasonable rate for longer time period compared to low density high rise.
Babizz
post Mar 16 2021, 02:44 PM

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QUOTE(Erictan1981 @ Mar 16 2021, 12:10 AM)
Bro, you can't compare OUG MXXXX with Damansara. Both are apple vs Oren.
Damansara/PJ property no whether how bad situation, it always have core value and i didn't see property price in PJ area will be bad drop in the past.

Agreed with slightly higher density, but these is township development near by few mature township. Their plan is to attract more residential & population to make BEFORE commercial construction such as office tower, school/college, rekreasi park in place.

Low density you might need to paid high maintenance cost & risk for whole master plan development fail due to low population.
Despite 4 project phase with 10K approximately. Each of them have their own theme & facilities.
The demand in PJ area is always there due to high move in population & high job opportunities, education etc.

Anyhow these project is really very hot selling. Both tower A & B almost 90% sold & book.
I attached sales chart for your reference. All red color being booked & 80% above with SNP signed if not mistaken based on statistic information from IQI.
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Can share any high density project in Damansara with more than 4k units perform well? Only think of palm spring.
Erictan1981
post Mar 16 2021, 03:08 PM

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Location always justify future property value.
Township development in PJ area very rare to be fail except Icon City developed by Mahsing..
Have you ever think about Bangsar South, Damansara Utama, Bandar Utama, Kota Damansara, Sunway Velocity, Sunway City, Mid valley in the past 20 years?

Other than high density, I believe still good choice for ownstay or investment. Reasons:
1) Convenience & near by amenities(near by MRT Bandar Utama, MRT Mutiara Damansara, Ikea, 1Utama.
2) Education- Primary/2nd school, International school, Segi/KDU/KBU College,
3) Healthcare-KPJ Hospitality, Thomsom Hospital Kota Damansara, Columbia Asia Hospital etc).
4)Connectivity of few major highway(LDP, MRR2, Dash, Penchala Link, PLUS).
5) Nearby mature township(Desa Park City, Kota Damansara, TDDI, PJ) and many job opportunities will add more property value in future.

This post has been edited by Erictan1981: Mar 16 2021, 03:19 PM
infernape772
post Mar 16 2021, 03:13 PM

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Don't forget to include the nearby Flora Damansara people yo
chicaman
post Mar 16 2021, 03:31 PM

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QUOTE(Erictan1981 @ Mar 16 2021, 02:19 PM)
Despite is D series product. The arties impression is very nice.
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nowadays still got people believe artist impression? LMAO

Never trust artist impression, lower the expectation from what you see, it will never be the same at least for 80% of the developer out there
Erictan1981
post Mar 16 2021, 03:38 PM

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QUOTE(chicaman @ Mar 16 2021, 03:31 PM)
nowadays still got people believe artist impression? LMAO

Never trust artist impression, lower the expectation from what you see, it will never be the same at least for 80% of the developer out there
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Other developer i won't know. But if you look at Exsim past historical project.
It quit promised & almost 80% similarity with artist impression.
Exsim hold a lot of new development project such as Millerz, Arcuz, Rosewoodz, Damansara Central park.
I dun think they will make the reputation bad if they are serious on construction sector.

This post has been edited by Erictan1981: Mar 16 2021, 03:45 PM
Babizz
post Mar 16 2021, 03:48 PM

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QUOTE(Erictan1981 @ Mar 16 2021, 01:08 AM)
Location always justify future property value.
Township development in PJ area very rare to be fail except Icon City developed by Mahsing..
Have you ever think about Bangsar South, Damansara Utama, Bandar Utama, Kota Damansara, Sunway Velocity, Sunway City, Mid valley in the past 20 years?

Other than high density, I believe still good choice for ownstay or investment. Reasons:
1) Convenience & near by amenities(near by MRT Bandar Utama, MRT Mutiara Damansara, Ikea, 1Utama.
2) Education- Primary/2nd school, International school, Segi/KDU/KBU College,
3) Healthcare-KPJ Hospitality,  Thomsom Hospital Kota Damansara, Columbia Asia Hospital etc).
4)Connectivity of few major highway(LDP, MRR2, Dash, Penchala Link, PLUS).
5) Nearby mature township(Desa Park City, Kota Damansara, TDDI, PJ) and many job opportunities will add more property value in future.
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Any of point 1 or 2 or 3 within walking distance? What about flora Damansara? Can buy there mah.

What are the comparing projects for this project?? How sure this won't end up like icon??

What is the similarities between those Bangsar South, Damansara Utama, Bandar Utama, Kota Damansara, Sunway Velocity, Sunway City, Mid valley and this sexim project?? All of them got MRT many high tenancy office tower hospital university malls etc. How many confirmed here??
lollipopkan
post Mar 16 2021, 03:58 PM

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QUOTE(Erictan1981 @ Mar 16 2021, 04:38 PM)
Other developer i won't know. But if you look at Exsim past historical project.
It quit promised & almost 80% similarity with artist impression.
Exsim hold a lot of new development project such as Millerz, Arcuz, Rosewoodz, Damansara Central park.
I dun think they will make the reputation bad if they are serious on construction sector.
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You mean z series?

Damansara central park is a jv with binstra.
lollipopkan
post Mar 16 2021, 03:59 PM

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QUOTE(chicaman @ Mar 16 2021, 04:31 PM)
nowadays still got people believe artist impression? LMAO

Never trust artist impression, lower the expectation from what you see, it will never be the same at least for 80% of the developer out there
*
Even rumawip looks like 5 star hotel in those artist impression photos.
lollipopkan
post Mar 16 2021, 04:00 PM

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QUOTE(Erictan1981 @ Mar 16 2021, 04:08 PM)
Location always justify future property value.
Township development in PJ area very rare to be fail except Icon City developed by Mahsing..
Have you ever think about Bangsar South, Damansara Utama, Bandar Utama, Kota Damansara, Sunway Velocity, Sunway City, Mid valley in the past 20 years?

Other than high density, I believe still good choice for ownstay or investment. Reasons:
1) Convenience & near by amenities(near by MRT Bandar Utama, MRT Mutiara Damansara, Ikea, 1Utama.
2) Education- Primary/2nd school, International school, Segi/KDU/KBU College,
3) Healthcare-KPJ Hospitality,  Thomsom Hospital Kota Damansara, Columbia Asia Hospital etc).
4)Connectivity of few major highway(LDP, MRR2, Dash, Penchala Link, PLUS).
5) Nearby mature township(Desa Park City, Kota Damansara, TDDI, PJ) and many job opportunities will add more property value in future.
*
Sounds like a hundreds acre project comprising THESE MANY amenities.
chicaman
post Mar 16 2021, 04:22 PM

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QUOTE(Erictan1981 @ Mar 16 2021, 03:38 PM)
Other developer i won't know. But if you look at Exsim past historical project.
It quit promised & almost 80% similarity with artist impression.
Exsim hold a lot of new development project such as Millerz, Arcuz, Rosewoodz, Damansara Central park.
I dun think they will make the reputation bad if they are serious on construction sector.
*
You must be selling one of Exsim product, I own Exsim product. I would think twice for D Series.

Millerz, i wonder how many lelong coming up
Arcuz, overpriced
Rosewoodz, too small development probably trying to stick to Rainz success

What else? Exsim is bailing out what Sg Wang, Empire Damansara?

Exsim is never the value for money botique developer anymore. Now they are just a massive photocopy machine, all the layout looks similar to one another project with massive high dense development


lollipopkan
post Mar 16 2021, 04:24 PM

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Some people are excessively phrasing words carefully.

Which properties don't have core values? No bad drop because of time goes by, if developer is selling at a future inflated price, pairs with high density projects, you might argue price won't drop but it won't increase either. Yet buyers are still losing. Don't forget about how much of the loan interest you are paying.

If a project has good enough location, it doesn't need to have high density residential units to support its commercial. On the other hand, will the commercial develop strong enough that people will neglect one utama and ikea damansara are just nearby within 10mins driving?

Mixed development is always a can of worm. You buy property priced at the success of the mixed development factored in but no one is paying you compensation when the mixed development isn't that successful.

Bear in mind where are the real prime areas of damansara and PJ.

This post has been edited by lollipopkan: Mar 16 2021, 04:34 PM
lollipopkan
post Mar 16 2021, 04:26 PM

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QUOTE(chicaman @ Mar 16 2021, 05:22 PM)
You must be selling one of Exsim product, I own Exsim product. I would think twice for D Series.

Millerz, i wonder how many lelong coming up
Arcuz, overpriced
Rosewoodz, too small development probably trying to stick to Rainz success

What else? Exsim is bailing out what Sg Wang, Empire Damansara?

Exsim is never the value for money botique developer anymore. Now they are just a massive photocopy machine, all the layout looks similar to one another project with massive high dense development
*
Doesn't help the fact that these 3 projects are overpriced and priced on top of the pyramid for their range.
Erictan1981
post Mar 16 2021, 04:47 PM

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QUOTE(chicaman @ Mar 16 2021, 04:22 PM)
You must be selling one of Exsim product, I own Exsim product. I would think twice for D Series.

Millerz, i wonder how many lelong coming up
Arcuz, overpriced
Rosewoodz, too small development probably trying to stick to Rainz success

What else? Exsim is bailing out what Sg Wang, Empire Damansara?

Exsim is never the value for money botique developer anymore. Now they are just a massive photocopy machine, all the layout looks similar to one another project with massive high dense development
*
Chill, I not agent or exism product fans but i am owner of Derica.
I am giving my opinion based on my point of view toward these project. Not right or wrong and just for discussion.

I would said each property have pros & cons & depend individual need, perception and budget.
May i know which Exsim product you own? Mind to share what is the current issue of Exsim project?

This post has been edited by Erictan1981: Mar 16 2021, 04:52 PM

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