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Investment NESTREE 🌳 @ BANGSAR SOUTH (BUKIT KERINCHI), By NESTCITY

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James18 P
post Mar 18 2022, 02:22 PM

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Hi there, anyone booked a unit at nestree residence?. Is there a pre-SPA document that purchasers need to sign? Do advice.

Also, to add on, the developer does not have APDL license yet for this project.
kfhoe
post Mar 21 2022, 11:45 AM

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QUOTE(James18 @ Mar 18 2022, 02:22 PM)
Hi there, anyone booked a unit at nestree residence?. Is there a pre-SPA document that purchasers need to sign? Do advice.

Also, to add on, the developer does not have APDL license yet for this project.
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I went to the showroom on Sat. Was told they will launch this project this end of March.

Kinda interested but havent make any booking yet.

Was told half of the total units being reserved.

This post has been edited by kfhoe: Mar 21 2022, 11:47 AM
James18 P
post Mar 21 2022, 10:52 PM

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QUOTE(kfhoe @ Mar 21 2022, 11:45 AM)
I went to the showroom on Sat. Was told they will launch this project this end of March.

Kinda interested but havent make any booking yet.

Was told half of the total units being reserved.
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Alright but what do you think of the project location and the overview, worth for investment or own stay.

What about the developer, is it good?
kfhoe
post Mar 22 2022, 09:54 AM

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QUOTE(James18 @ Mar 21 2022, 10:52 PM)
Alright but what do you think of the project location and the overview, worth for investment or own stay.

What about the developer, is it good?
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Price wise RM560 persqft is kinda good entry with regards to Secoya / Inwood which is current RM800++ per sqft.
Location kinda good. Probably for a person like me staying in OKR for many years.

My concern is on the Pantai Sentral Park. The project seems stagnant. They announced the mega project in 2016 but was not made public.
Secoya / Inwood was phase 1/2. Phase 3,4,5 etc not seen anything yet despite Secoya VPed in 2019.

The SA said Pantai Sentral Park will be completed in 2030. Which honestly i doubted. If you see their masterplan in their website, still a long way to go.
I noticed they try to sell Nestree using Pantai Sentral Park, which i see uncertainty.

I drove passed the site after i view the showroom. I don't see any progress except their beautiful ICE gallery.

After 2 days of consideration, I guess I will pass unless i find something new to justify.

That's my 2cent. I maybe wrong. Correct me if I am wrong.

Thanks

This post has been edited by kfhoe: Mar 22 2022, 10:01 AM
Clement9698 P
post Mar 22 2022, 01:38 PM

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QUOTE(James18 @ Mar 21 2022, 10:52 PM)
Alright but what do you think of the project location and the overview, worth for investment or own stay.

What about the developer, is it good?
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Tbh, the project location is considered okay since it’s just 5 mins driving distance to Nexus/The Sphere/Vertical Tower (Inner Bangsar South). Wouldn’t says it’s a really prime location but provided with the entry price of 550/psf, can be considered for investment since it’s just in front of Pantai Sentral Park development. Understand that the whole PSP development will be taking time probably in another 10 or 10++ years but I would says it’s good for investment anyway .

Developer and main con is Nestcity. They have done some projects including The Nest, Nest 2(still under construction), and some of the Exsim project (Nidoz & Petalz)

SA here. Feel free to contact me for further enquiries
010-9408112 Clement
bel76 P
post Mar 31 2022, 03:49 PM

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Hi, newbie here and will like to know if anyone has booked this condo. So far how is the take up for this condo. Went to their show room last week and many potential buyers. Interested to book but only worried about the surrounding and Indah water plant. Please advice.
Clement9698 P
post Mar 31 2022, 06:17 PM

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QUOTE(bel76 @ Mar 31 2022, 03:49 PM)
Hi, newbie here and will like to know if anyone has booked this condo. So far how is the take up for this condo. Went to their show room last week and many potential buyers.  Interested to book but only worried about the surrounding and Indah water plant. Please advice.
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Hi, as a sales advisor I’d probably recommend you to go for the site visit first, you’ll be able to have a better picture of it. So far there’s been 50% of the total units had been sold out. Pricing wise will have amendments starting from 1st of April as it’ll be officially launching.

Surrounding area will be empty at the moment as the PSP development will take times to fully constructed. It’s a close concealed Indah Water so there won’t be smell like Taman Desa. Probably you can drop me a message or WhatsApp to see a better picture.

SA here. Feel free to contact me for further enquiries.
010-9408112 Clement
James18 P
post Apr 12 2022, 09:01 PM

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QUOTE(Clement9698 @ Mar 31 2022, 06:17 PM)
Hi, as a sales advisor I’d probably recommend you to go for the site visit first, you’ll be able to have a better picture of it. So far there’s been 50% of the total units had been sold out. Pricing wise will have amendments starting from 1st of April as it’ll be officially launching.

Surrounding area will be empty at the moment as the PSP development will take times to fully constructed. It’s a close concealed Indah Water so there won’t be smell like Taman Desa. Probably you can drop me a message or WhatsApp to see a better picture.

SA here. Feel free to contact me for further enquiries.
010-9408112 Clement
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Hi there, So the project been launched as heard the developer havent get APDL yet for this project. Any idea?. Also anyone booked a unit? What is the take up rate so far?

Clement9698 P
post Apr 14 2022, 11:50 AM

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QUOTE(James18 @ Apr 12 2022, 09:01 PM)
Hi there, So the project been launched as heard the developer havent get APDL yet for this project. Any idea?. Also anyone booked a unit? What is the take up rate so far?
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Hi James, yes the project has yet to obtain the APDL but as far as we know it should be able to obtain by this month provided there’s no delay anymore.

The take up rate so far is around 60% of the total units had been booked.

SA here. Feel free to contact me for further enquiries.
Clement 010-9408112
fifyfofum P
post Apr 26 2022, 01:43 PM

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Hi there! Any idea whether this project is more for homestay or investment purposes? I think there are quite a number of rumahwip and lower cost houses nearby as well.
Clement9698 P
post Apr 26 2022, 02:19 PM

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QUOTE(fifyfofum @ Apr 26 2022, 01:43 PM)
Hi there! Any idea whether this project is more for homestay or investment purposes? I think there are quite a number of rumahwip and lower cost houses nearby as well.
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Hi there, perhaps you can look at the other way round where this project can offer for both own stay and investment as well.

Own stay - move in after renovation at 2026, stay there for 8-10 years and choose whether to rent out or sell it off (Depends on the situation by that time)

Investment - dual key concept is really a good choice for investment and with the upcoming development of Pantai Sentral Park, there’s definitely some potential for capital gain in the upcoming years

Yes, there’s quite a number of rumawip and low cost houses nearby as well.
Maybe you can have another point of view with the example of 8-10 years back where before Bangsar South & Mont Kiara is being fully developed. Both kampung kerinchi and segambut dalam being renamed to Bangsar South & Mont Kiara after developed. Of course I might sounds bias with this perspective but there’s definitely some facts

SA here. Feel free to contact me if you have any other enquiries.
Clement 010-9408112
AskarPerang
post May 7 2022, 11:37 AM

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bananabread
post Jun 12 2022, 10:24 PM

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Hellos, any current photos of the current construction progress?
bananabread
post Jun 14 2022, 01:26 PM

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Is Nestree got APDL already may i know please?
mcmicheal
post Jun 14 2022, 02:02 PM

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QUOTE(bananabread @ Jun 14 2022, 01:26 PM)
Is Nestree got APDL already may i know please?
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I got a note from some sales agent that, ADPL already gotten and can proceed with loan.
bananabread
post Jun 14 2022, 04:29 PM

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QUOTE(mcmicheal @ Jun 14 2022, 02:02 PM)
I got a note from some sales agent that, ADPL already gotten and can proceed with loan.
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Noted with thanks!
rumahwip
post Jun 14 2022, 05:22 PM

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wat is APDL ?
Calvin Seak
post Jun 14 2022, 05:31 PM

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QUOTE(rumahwip @ Jun 14 2022, 05:22 PM)
wat is APDL ?
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Advertising Permit and Developer’s License
WWHAO P
post Jun 14 2022, 06:00 PM

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Hi anyone knows the details of this project and seems many units are booked, just launch in March, then June alr 70% booked, who knows any news behind. As know IJM will build an office there targeted complete in 2030, but this is still unknown.

Onetwothreeeee
post Jun 14 2022, 07:36 PM

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QUOTE(WWHAO @ Jun 14 2022, 06:00 PM)
Hi anyone knows the details of this project and seems many units are booked, just launch in March, then June alr 70% booked, who knows any news behind. As know IJM will build an office there targeted complete in 2030, but this is still unknown.
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Next door got rumawip 300k nett. That’s the detail I know brows.gif

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