What to do with 9 acres land if not build condos?
Investment The Atera PJ by Paramount, PJ New Launch
Investment The Atera PJ by Paramount, PJ New Launch
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Sep 2 2022, 10:00 PM
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Junior Member
23 posts Joined: Jan 2022 |
What to do with 9 acres land if not build condos?
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Sep 3 2022, 12:17 AM
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Senior Member
2,145 posts Joined: Jan 2013 |
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Sep 3 2022, 12:24 AM
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#43
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Newbie
37 posts Joined: Jul 2014 |
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Sep 3 2022, 01:12 AM
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Senior Member
860 posts Joined: Nov 2008 |
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Sep 3 2022, 06:26 PM
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#45
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Newbie
37 posts Joined: Jul 2014 |
QUOTE(ysc @ Sep 3 2022, 01:12 AM) Not sure if true… but the showroom staff said all those fully sold. That is what the sales staff asked us agents to say too but the real situation is unknown, most probably they will hand it over to the government to allocate the units.Edit: maybe just want me to consider the other units😂 |
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Sep 3 2022, 06:51 PM
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#46
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Senior Member
5,627 posts Joined: Apr 2011 From: Kuala Lumpur |
QUOTE(ysc @ Sep 3 2022, 01:12 AM) Not sure if true… but the showroom staff said all those fully sold. Fully sold, reserved for internal staff, hard to get is just some of their ways to convert you. Edit: maybe just want me to consider the other units😂 Why would they inform you on the government unit that does not benefit them? They will try their best to hide the affordable components from the public if you don't ask. ck2chan liked this post
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Sep 3 2022, 06:53 PM
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#47
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Newbie
37 posts Joined: Jul 2014 |
QUOTE(victorian @ Sep 3 2022, 06:51 PM) Fully sold, reserved for internal staff, hard to get is just some of their ways to convert you. SPOT ON! Why would they inform you on the government unit that does not benefit them? They will try their best to hide the affordable components from the public if you don't ask. |
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Sep 4 2022, 01:41 AM
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Probation
11 posts Joined: Aug 2022 |
Is this project price consider low in this area?
Worth to invest?any advise? |
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Sep 5 2022, 05:03 PM
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Senior Member
860 posts Joined: Nov 2008 |
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Sep 5 2022, 06:03 PM
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#50
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Junior Member
88 posts Joined: Sep 2013 |
Leasehold
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Sep 5 2022, 06:42 PM
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#51
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All Stars
13,790 posts Joined: Jan 2006 From: stress & confuse world |
there is only 1 road going in/out right? the traffic will be very bad especially during peak hours
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Sep 5 2022, 06:45 PM
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Senior Member
860 posts Joined: Nov 2008 |
I heard from SA that they gonna have a new road connecting to the same road as Amway Headquarters - and apparently already approved.......
Any way to verify if this is true? |
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Sep 5 2022, 06:53 PM
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Senior Member
2,236 posts Joined: Nov 2007 |
So many units all will,park their car outside on road shoulder.
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Sep 6 2022, 11:21 PM
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Junior Member
209 posts Joined: May 2014 |
prime PJ area all RSKU soldout before official launch hmmm...
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Sep 7 2022, 10:11 AM
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Junior Member
96 posts Joined: Aug 2018 |
No doubt on the rental market demand there. But your calculation seems off from mine. Based on 633k and no downpayment as got cashback etc. 35years loan now interest is 3.25%-3.5% we all know it's going to increase by 0.25% this Sep and maybe Nov. So based on 4% interest is RM 2.8k + maintenance = RM 3.0k so don't think can even cover your installment. Some more knowing agents, RM 2.4k must be fully renovated with goof furnishings.
QUOTE(Teemo1234 @ Sep 1 2022, 10:26 PM) Heyyy, so its depends on your own preference For example, smallest unit is 770sf with gross price around RM 832 psf SPA price: RM 633k (Estimated) Monthly Installment: RM 2.3k Maintenance Fee: RM 0.32 psf x 770 = RM 246 Total Monthly Repayment: RM 2.6k Based on the immediate surrounding, the rentals for a 2 bedroom unit is going for RM 1.8k - RM 2.4k per month. Keep in mind these condos are more than 5 years old and the distance to LRT is not as close as Atera. Yes you can possibly rent it out at RM 2.5k and your tenant is covering all of your interest and most of your principle Or you can also lower the rental a little more. Personally, as long as my rental can cover my interest and then some, I'm happy. The rest of forced savings |
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Sep 7 2022, 02:55 PM
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Junior Member
147 posts Joined: Apr 2011 |
Some info received from the SA, forward it here for members' info.
The Atera is a new high rise development by Paramount Property that is only 400m from Asia Jaya LRT Station. 🔹Located at Sec 14, Petaling Jaya 🔹0% Downpayment 🔹Loan Subsidy for 24 months 🔹Partial Furnished with Smart Home System 🔹46 Holistic Facilities 🔹FREE All Legal Fees ⭐ 3 sizes available :- • 770sf (2R/2B) | From RM570k • 1,024sf (3R/2B) | From RM733k • 1,419sf (4R/3B) | From RM990k ![]() |
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Sep 7 2022, 03:43 PM
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Senior Member
1,263 posts Joined: Oct 2016 |
QUOTE(yschaw @ Sep 7 2022, 02:55 PM) Some info received from the SA, forward it here for members' info. RM570k is gross or nett? earlier the agent Teemo mentioned is around RM 640k++The Atera is a new high rise development by Paramount Property that is only 400m from Asia Jaya LRT Station. 🔹Located at Sec 14, Petaling Jaya 🔹0% Downpayment 🔹Loan Subsidy for 24 months 🔹Partial Furnished with Smart Home System 🔹46 Holistic Facilities 🔹FREE All Legal Fees ⭐ 3 sizes available :- • 770sf (2R/2B) | From RM570k • 1,024sf (3R/2B) | From RM733k • 1,419sf (4R/3B) | From RM990k ![]() This post has been edited by Rinth: Sep 7 2022, 03:44 PM |
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Sep 7 2022, 03:45 PM
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Junior Member
940 posts Joined: Dec 2007 From: Shah Alam,Selangor |
Compared with new projects, I think Ruby Seapark better, not too near the LRT tracks, easily go out buy groceries and foods and it's freehold. Lower density too, iinm
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Sep 7 2022, 06:46 PM
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Newbie
37 posts Joined: Jul 2014 |
QUOTE(RAGALIA @ Sep 7 2022, 10:11 AM) No doubt on the rental market demand there. But your calculation seems off from mine. Based on 633k and no downpayment as got cashback etc. 35years loan now interest is 3.25%-3.5% we all know it's going to increase by 0.25% this Sep and maybe Nov. So based on 4% interest is RM 2.8k + maintenance = RM 3.0k so don't think can even cover your installment. Some more knowing agents, RM 2.4k must be fully renovated with goof furnishings. Hi hi, macam got a bit offI used SPA*: RM 633k Loan amount: RM 569k Interest Rate: 3.4% Loan Tenure: 35 years Monthly installment: RM 2,319 per month ![]() Based on 4% SPA*: RM 633k Loan amount: RM 569k Interest Rate: 4% Loan Tenure: 35 years Monthly installment: RM 2,519 per month ![]() And yeap it depends on your furnishing as well, but like i mentioned if you're okay with covering most of your installment, its still possible. For me covering your interest and some of your principle then okay dy, butttt it depends on yourself la |
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Sep 7 2022, 06:47 PM
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Newbie
37 posts Joined: Jul 2014 |
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