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

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holypredator
post Mar 16 2021, 11:31 AM

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QUOTE(Allkine808 @ Mar 15 2021, 11:09 PM)
Seeking for experienced advice

My daughter is attending one of the schools in BU and currently renting a unit in one of the condos in BU.

My wife and I are looking to buy a property around this area because of the school but I don’t think we can afford any Subsale property because we dont have much cash to pay the downpayment and legal fees. Because of this we are looking for new project since most of the time they will have rebate.

I paid RM1k for the booking fee for D’Erica but most of my friends and colleagues commented that the place is not a good place to raise a family because it will be very high dense. Some say with the price I’m paying D’Erica I can get better units. I booked the 1.2k SQ unit. So now I have lots of doubt on this project.

My questions to all are:

1. How many units in a condo to consider high density? Is D’Erica too dense?

2. Is there any other project within 5km radius from BU that is worth to consider beside D’Erica? Our budget is not more than RM800k.

3. Is D’Erica a good buy? The agent told me there are no much units left or is this one of the tactics of property agent to get sales?

Thanking in advance to all.
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1. High density is above 800 units (with majority above 1k sqf units)... very high density is above 1k units (with majority above 1k sqf uinits). For D'Erica, it is very high density cause it has 1.1k units with most units are >1k sqf

2. Too many projects around the area... in that plot of land itself already have >3 projects under the same developer..

3.All agent says the same shit to attract buyers... I've not heard any SA that would say their project is not hot selling....

If you ask whether it is a good buy in terms of investment or property appreciation.... HACK NO.... with so many projects and similar quality service apartment around the area (not a particularly wanted area or not prime area) ... highly doubt the project stands out... also ... it is a LEASEHOLD so definitely not in terms of property appreciation and investment or renting

If you ask whether it is good for own stay... not really as well... since it is too close to the highway and it is highly densed....

If you ask me whether it is good for own stay for YOUR BUDGET and required SIZE ... then YES!

Not many project out there that has that kind of size and cost..



holypredator
post Mar 20 2021, 02:22 PM

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QUOTE(Erictan1981 @ Mar 16 2021, 02:10 PM)
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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Ahh.. the "HOT SELLING" talk again..

Where did I hear that from?? From EVERY SA in existence...

Go every showroom.. they sure show you a board with sticker showing all the units have taken up...

Like Tropicana projects... go there SA would say .... "Only a few units left"..... show us a board with fully filled sticker and somehow want us to tell her which unit we interested so that in case the buyer "drop out" from booking or whatever nonsense...

Each of them have own theme & facilities??? Those doesn't segregate the properties from one another and aren't factors to attract sub sale buyers...

To differentiate a property from one another, it has to be distinctive on its own .... for example one of the project is developed for high class residence (much lower density with higher end finishing/design and facilities) while another is developed for "affordability" with high density and standard facilities.... in EXISM case.... all 4 projects are equally high in density and quality of facilities... the target audience is obvious... you can't say they are different just because they have different "Theme" or "layout"...


holypredator
post Mar 20 2021, 02:27 PM

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QUOTE(lollipopkan @ Mar 16 2021, 04:24 PM)
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.
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Yea correct.... you cannot lump everything in Klang Valley/PJ/Damansara and call it Prime Area...

Damansara Perdana has always been known to be the Sentul of Damansara
holypredator
post Mar 20 2021, 02:33 PM

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QUOTE(ceo684 @ Mar 16 2021, 09:10 PM)
TBH no one will really consider 30 mins walk as "walking distance" other than going for a run.  laugh.gif
I used to walk about 8-12 mins to the LRT station for work (around 600m) and that duration depends on whether wearing heels or running shoes. I would say given the Msian climate that is about the limit (circa 1km total walking to office as well) for me.

Whilst the below study was made in the US the behavioural analysis shows that much lesser people walk more than 20 mins/trip.

Most walking trips were <2 miles in distance (97%) and <60 minutes in duration (99%). According to the distance decay function, about 65% of walking trips were >0.25 miles, and about 18% of walking trips were >1 mile. About 69% of walking trips lasted >5 minutes, and about 23% of walking trips lasted >20 minutes.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3377942/
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Walking distance is very subjectives...

The environment, walk path, cleanliness and safety plays a huge role in walking distance..


For example... a 1km walk distance that is fully sheltered, clean and safe environment to the destination would definitely feel like a short breeze compared to a 1km walk through a dirty alley way and full of dangerous fast moving cars roads that you need to cross in between..

This post has been edited by holypredator: Mar 20 2021, 02:35 PM
holypredator
post Apr 9 2021, 10:51 AM

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QUOTE(Erictan1981 @ Apr 8 2021, 10:56 PM)
Not only that. Some people will said what high density,templer/mosque near by, no walking distance to mall, no Public transportation, not atas place etc. But all that not big concern for me.I looking for future development n not now. As long as strategy location n connectivity to mature township.
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Hey man... no one is saying you cannot be happy with your purchase... if it is not a concern for you... then yea... best property ever for you...

but for other buyers... these factors play a huge role in their property purchase....


Also... what future development are you talking about??

AFAIK ... there is no city planning type of development proposed by Exism around the area...
holypredator
post Apr 9 2021, 03:29 PM

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QUOTE(Erictan1981 @ Apr 9 2021, 02:21 PM)
hey man, whether happy or not happy is not matter for you & me.
Everyone have their own perspective to select their own best property.
I am curious what is your intention here. Seem like MR agent try to con buyer with plenty of negative points.

If you not understand whole master plan, please go developer showroom to get more details.
No just listen here & there & give own assumption & complaint.

If you feel the property not the suitable for you, then just go hunt your own best property.
No need so defensive & repeat complaint again & again.
Yea, it might be too much concern for some of buyer, but not a big concern of other buyer as well.
Everyone have their own perspective, if you think this is risky investment please look for other or keep your money into FD saving.
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Like I said... if you are happy because all those factors doesn't concern you.. then good for you...

This is a forum for discussion... not a forum to glorify projects and leave the readers uninformed...

I've done my homework for this and every other project that I've commented in this forum....the master plan only highlighted the development for 4 residential apartment and nothing else... that is a fact...

even if the master plan includes building a mall or whatever.... it would not guarantee that the developer following through their master plan .... case in point Torpicana Metropark and recent cancellation of the "Mall" and "Hotel" from the master plan... HOWEVER.... they are being replaced by other commercial development like shop lots... master plan changed but they are still keeping their word that the land reserve for commercial stays as commercial

When a developer doesn't state their master plan (just for clarity sake... a complete master plan must be a declared project) .... it is likely that they are going to build more residential buildings.... it is absolutely naïve to think they will build something like a park or a leisure place (like some forumer here mentioned) which doesn't earn the developer any money AFTER the existing residential projects have launched for a period of time..

I don't give false hope or fantasy thoughts when I comment on a property..... my opinions are always base on facts and observations.... it might change but the precedents have shown how a master plan would "normally" end up when there are no other declared project within the master plan rather than some unprecedented idea that the developer would just develop the additional area for the benefit of the existing residences as an "After Thought"...


I am not a property agent or whatever.... also... how do I "Con" people with negative points?? If I'm a property agent.. wouldn't it make more sense for me to give ridiculous and imaginary ideas like how you did to get people to buy the property from me??

Also... If you read my posts... I also points out the positives for this project.... one being affordability.... and I also have disputed with others when they made imaginary presumption that this property would be bad because of something that are not foreseeable or non material...

The issue with you is that because you have bought the property... you are expecting only positive remarks rather than looking at facts.... hence...let me tell you this... facts don't care about your feelings

This post has been edited by holypredator: Apr 9 2021, 03:34 PM
holypredator
post Apr 9 2021, 09:12 PM

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QUOTE(Erictan1981 @ Apr 9 2021, 08:06 PM)
Fact is something already happen in the past. Prediction n imagination is something havent happen but with your own assumption. No one can predict what will happen in next 10 years. Sound like you already make own assumption that the master plan confirm fail. Sound likey u are property master. I am curious what kind good property v such price in PJ.  Pls advise
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I did not state my assumption on the master plan as a fact.... I clearly said... it is "likely" the developer would construct more residential based on precedence...

the downfalls that I've mentioned were base on what has been observed and the information available

The mosque is being build at a close proximity.... is that not a fact?
The highway is less than 150m... is that not a fact?
It has 1k+ units for each of the project.... is that not a fact?

on and on and on....

I'm not here to give advise on what you should or should not buy.... I'm just stating facts and then gave my opinions on the issues presented based on information provided

Just so you know.. 650psf for a LEASEHOLD project... is not a huge bargain when you are talking about a highly dense project and non-prime location (yes.. to me damansara perdana is not a prime location and it has never been seen as part of the high priced damansara location).
holypredator
post Apr 9 2021, 10:59 PM

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QUOTE(Erictan1981 @ Apr 9 2021, 09:52 PM)
Are you sure 650sqf for these project?? Have you really go showroom to understand more or just listen here n there make own assumption. i am curious how many property do you own now or still looking for 1st house because many concern on every project. To be fair, paid peanut,take peanut. Nothing is prefect.
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650psf is based on average price that I've surveyed online....

There are quite a few projects that I would take the effort to visit the showroom.... but for this project I did not go to the showroom... you don't need to go to the showroom to know that there is a mosque being build there and the highway is less than 150m from the project location... google maps could easily show you the distance...

So far... I did not comment about the layout or the unit design.... I only commented on external factors and numbers presented by the developers... hence does it matter whether or not I've been to the showroom??

How many properties I own is none of your concern.... I don't need to own many properties to provide my observation and opinion of a property ...

I'm not sure where you are heading at with your statements.... if you know you are getting peanuts from paying peanuts... then why are you so upset when people highlights the flaws or condemn the project??

This post has been edited by holypredator: Apr 9 2021, 11:02 PM
holypredator
post Apr 10 2021, 10:03 AM

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QUOTE(Erictan1981 @ Apr 10 2021, 09:03 AM)
I see. All information getting online n u never go showroom to understand more. No of property own is my curiosity to knw y.
Some people can just give plenty opinion like master expert.. But end up v zero property on hand n all just big talk.  Hope you are not that kind of people. When people hold many property on hand, u still doubt whether which is the best property or right time for you. Yes,you can continue your negative judgement and assumption..No one can stop you and i not sure what is your intention keep repeating the same topic again n again. Wish you choose the best property in your life.
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I'm not claiming to be an expert... just providing my observation based on the available facts...

Again... since when argument from authority is needed to provide one's observation and opinion on a project?? You don't need to own many properties to tell a property is good or bad based on external factors.... besides what is even the correlation between owning other properties and providing one's observation on this particular property???

So you telling me... if I don't own any properties... the highway is going to disappear?? the religious places will automatically move to other location?? the mosque would suddenly stop building?? the location automatically turns into your fantasy land???

I can't stress this enough.... my views on this project given so far was based on external factors.... I've not given any conjectures like you.... who kept saying things that might happen with zero basis.... it is absolutely naïve to think that the developer would develop the area for benefit of the current projects buyers when they themselves have not declared any of your imaginary scenario in their masterplan...

My assumption were not all negative.... plus..... didn't you just admit that the property is crap because of the price you are paying?? Why are you suddenly on a defensive mode again?? It's like you can't make up your mind....

This post has been edited by holypredator: Apr 10 2021, 10:06 AM
holypredator
post Apr 10 2021, 10:37 AM

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QUOTE(Erictan1981 @ Apr 10 2021, 10:20 AM)
Haha, who is so defensive? Just answer my question how many property u own will do. I hope you are not a fresh bird who have plenty complains but still looking for 1st house. Good luck.
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I'm just retorting your points....

I seriously do not know what is your end game here...

First... you condemn others who gave negative views about the property

Then... you yourself says that the property is as cheap as the price paid...

do you not have any constructive views on the property that you've bought?? It felt like you are on a blind purchase here.... meaning to say that you bought this property because of the cheap price without doing an ounce of research. while hoping that everything about the property is good ... hence when people started to point out the flaws then you starts to exhibit buyer's remorse behaviour..

also... I'm not sure how many times I need to repeat myself... the number of properties I own is none of your concern...

I have no idea what "fresh bird" means.... but I couldn't care less with the strange words or analogies that you've been using....

This post has been edited by holypredator: Apr 10 2021, 10:42 AM
holypredator
post Apr 10 2021, 11:34 AM

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QUOTE(Erictan1981 @ Apr 10 2021, 11:02 AM)
Hahaha,How do you confirm people blindly purchase?No need to make own assumption again v long explanation. i not sure what is your motive behind keep defense your statetent here. Perharp you are exsim hater or competitor which i wont knw. Since you have make up your mind nobody will force you accept these property,pls go hunt your own best property. No point waste time to argue n repeat same topic again n again. if you never own any property,pls all this just a big talk.
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I did not confirm that you purchase your property blindly... I said "It felt like"... basically a supposition based on our exchange...

Do you not understand the words that were conveyed to you?? Because either you did not read what I've wrote or you are challenged in the English language...

Again... I can't stress this enough... this is an open forum for discussion not a place to glorify your purchase...


holypredator
post Apr 10 2021, 04:03 PM

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QUOTE(esseeten @ Apr 10 2021, 01:49 PM)
Pros:

- Cheap in PJ/Damansara
- Facilities and amenities nearby
- Given landscape plots for public use, the skybridge park and internal park (within masterplan) done by known and respected LA whose landscape design have always added value to the property design.

Cons:
- very noisy if facing road [arguably, same for any house, and you're so high up/people have different noise tolerances/desensitised - if youre talking abt noise coz of future construction later, then agree]
- high density [a hard reality for ANY new upcoming housing project, it is still a con but we all have to live with for future unfortunately. Unless you are buying super expensive plot - but even then got expensive plots that are considered high dense also - to tackle this just requires good urban design]
- Road access very jam [we wont know until the full masterplan comes out to read how the road will work.]
- construction beside very loud + air pollution. Be prepared to live with this for the next 5-10 years after VP-ed in 2024.
- Noise pollution from religious activities. [not necessarily a con because it's not unpleasant sound per say like construction work - again, some people's noise tolerance, different and eventually maybe even you will be desensitised to the sound]

Also, on small layout comment; unfortunately anywhere you find will have the layout size lebih kurang. To me personally, small is below 1000sqft. But DErica has 1000,1200 and 1500. So ok la, not that small. Of course you know in hot locations, it would cost much much more for even 1000sqft.

My SA informed what is confirmed happening for the township masterplan hopefully comes out end of this year.
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Can you back up your claim?? Any reputable sources to say there are building the so called "skybridge park" or "internal park" or landscapes??

It would be the first for me... to see a developer never include them into the project brochures or advertise them.... especially when it's a landscaping project that doesn't bring profit to them...

If it is just something your property agent told you... then forget it... don't bother replying me... I've had too many delusion replies from people thinking whatever third party agents says can be held accountable..

This post has been edited by holypredator: Apr 10 2021, 04:04 PM
holypredator
post Apr 10 2021, 10:13 PM

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QUOTE(esseeten @ Apr 10 2021, 09:47 PM)
I am friends with one of LAs who is doing it.

And if you want more proof, go ask your SA to ask the developer themselves on your inquiry about who is doing the public landscape for CPD - that is your right as buyer to grill your SA about everything on this development. Or better yet, you go ask the developer reps at the sales gallery rather than agent smile.gif

Anyway the skybridge structure already start laying down, that big metal beam - that is your proof also. Refer this video  their fly through for promote Mossaz+Paxton still shows the Skypark bridge. If im not mistaken, this video is being played at sales gallery too.

I have no idea why the developer decided to not include into their marketing, maybe everything was fast paced and the rest of the plot not finalised when they decided to launch - i dont know. I do agree developer should have finalised first before even launching, if not - its like information bit by bit you get and its difficult for buyers.

I did my own indepth research of the masterplan of potentially what could be there and i suggest you do yours as well. I have found previous renderings of massing, and the things that were consistent in those images, was the D residentials, sky bridge and mosque. So you can bet on those to happen. The others i assume is TBC. But Im also aware lah, that cannot take these images seriously - so wait lah until they reveal confirmed masterplan. I have told my SA to inform ASAP when have more updated info.

Go ahead and do a simple Google search, even look into the youtube videos. Decide yourself to choose to believe and question back to SA & developer rep.

user posted image
user posted image

p.s. this was found in google search on CPD, i am not claiming these are true, but i suppose this is something you can bring to the developer rep to ask more on about.
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What does Mossaz+Paxton got anything to do with what we are talking about....

These 2 are the office blocks... located behind Empire city... not on the D residential land....this is very old 2019 news....

Anyway... I don't want to go down the rabbit hole with you on this....

My posts from the beginning has always been touching on practical observation (i.e. the highway, the religious places, the surrounding area) NOT things that are in some plan or something in proposal... it's just some people here somehow steer the topic arguing about master plan...

At this point... what I can tell you is not to speculate because it seems that you are now desperate trying to find bits and pieces from artist impression and looking for hints... and then imagining they will develop them base on some vague information...(hack... Exsim din't even propose anything and people here assume development for themselves)

i know I've repeated the Tropicana Metropark story many time...hence I want to share with you an even more interesting story

I can tell you this.... SJCC in 2012 proposed by Sime Darby and MBSJ (Imagine...the developer and municipal in the discussion itself) .... which was also published on many news outlet like the edge, the star and the sun etc.. about the future of SJCC.... the artist impression shows a grand mall being build in front of the KTM/LRT station.... and there will be link bridge from the new mall to subang parade and big aeon to improve foot traffic and walkability... there were also an agreement with MBSJ to cover up all the drainage and widen the walk path to improve walkability in the new city centre.... back then ... the Suave (now Lot 15) .... is also linked directly to the mall with a bridge.... based on the artist impression... but now in 2020.... those things did not happen and most likely aren't going to happen... 80% of the plan has been scraped... the only thing left was building more residential apartments... and the mall (this wasn't scrapped but wasn't confirmed either... hence... it might end up being commercial shops or Soho but guaranteed not residential due the connectivity from the train to the rest of subang)


What I'm trying to say is.... things will always change... even if it is a proposal from big listed developers like Sime darby... even if it is published in the news... even if it was in the talks with officials.... it does not guarantee future development... What more when we are talking about smaller developer like Exsim and when they themselves haven't mentioned anything officially yet..

This post has been edited by holypredator: Apr 10 2021, 10:24 PM
holypredator
post Sep 19 2021, 06:38 PM

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QUOTE(hebefuzheng @ Sep 19 2021, 06:03 PM)
If it was additional information, its fine, we get it already. No need to go around prove so many unclaimed information that developer themselves are not announcing yet.
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Yea... people should not try so hard to assume or convince others about something that the developer themselves did not promise...

also.. why suddenly quote my post back in april... almost half a year...

by the way.... I still don't see any park announcement from the developer ... even AFTER half year has gone...

did the developer shared the so called artist impression and then just forgot about it???

 

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