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 Looking for Recommendation, Fully Furnished Highrise @ Klang Valley

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TSvincent_ng86
post Oct 31 2022, 11:55 AM, updated 4y ago

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Hi all,

I am trying to find out what are the new highrise developments out there, that comes fully furnished at Klang Valley.

Appreciate if you can share with me the details.

Thanks!
lewissac
post Oct 31 2022, 11:57 AM

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QUOTE(vincent_ng86 @ Oct 31 2022, 11:55 AM)
Hi all,

I am trying to find out what are the new highrise developments out there, that comes fully furnished at Klang Valley.

Appreciate if you can share with me the details.

Thanks!
*
You can try Quinn (Wangsa Maju) 1000+ sqft. Fully furnished.
Last I heard (early Oct 2022) is 1mil+, after rebate is 931k+.
But i want bare unit, can deduct another 100k from 931k.



TSvincent_ng86
post Oct 31 2022, 12:12 PM

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QUOTE(lewissac @ Oct 31 2022, 11:57 AM)
You can try Quinn (Wangsa Maju) 1000+ sqft. Fully furnished.
Last I heard (early Oct 2022) is 1mil+, after rebate is 931k+.
But i want bare unit, can deduct another 100k from 931k.
*
Thanks. Wondering what they offer as fully furnished. Hoping to see some smart home solution.
mini orchard
post Oct 31 2022, 12:23 PM

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QUOTE(vincent_ng86 @ Oct 31 2022, 11:55 AM)
Hi all,

I am trying to find out what are the new highrise developments out there, that comes fully furnished at Klang Valley.

Appreciate if you can share with me the details.

Thanks!
*
I dont think there are any developers offering fully furnished units. Part furnishing and bare units are common.

Fully furnished = bring along clothing luggage only ... to hotels.
Aldo-Kirosu
post Oct 31 2022, 12:46 PM

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ohmy.gif fully furnished property sometime can't loan 90%, as bank never loan for furniture, only loan for house with appropriate value.
se800i
post Oct 31 2022, 12:50 PM

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QUOTE(vincent_ng86 @ Oct 31 2022, 12:55 PM)
Hi all,

I am trying to find out what are the new highrise developments out there, that comes fully furnished at Klang Valley.

Appreciate if you can share with me the details.

Thanks!
*
Fully furnish you may look for this project in Puchong, Project name : Suria Garden , developer Binastra land. Heard all units sold out but got someone or maybe developer got reserve a few. You may need to contact developer yourself. Price RM 600K

How about partly furnish with smart home system provided in PJ?

You may let me know if you are OK with partly furnishing ya. laugh.gif laugh.gif laugh.gif


lewissac
post Oct 31 2022, 12:51 PM

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QUOTE(vincent_ng86 @ Oct 31 2022, 12:12 PM)
Thanks. Wondering what they offer as fully furnished. Hoping to see some smart home solution.
*
u can refer to the attached.



Attached File(s)
Attached File  Quinn_Type_D2_Furnished_Unit__1_.pdf ( 637.09k ) Number of downloads: 38
TSvincent_ng86
post Oct 31 2022, 03:24 PM

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Thanks for the inputs so far - keep them coming!

Quinn by MCL seems pretty interesting.
Cavatzu
post Oct 31 2022, 03:29 PM

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QUOTE(vincent_ng86 @ Oct 31 2022, 12:12 PM)
Thanks. Wondering what they offer as fully furnished. Hoping to see some smart home solution.
*
You do know it’s not smart to have a unit that looks exactly the same as your neighbours. Just pay for an ID to fix it up the way you want. It maybe only works for a pure investment vehicle serviced apartment type setting to be used for short term stay.
TSvincent_ng86
post Oct 31 2022, 03:42 PM

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QUOTE(Cavatzu @ Oct 31 2022, 03:29 PM)
You do know it’s not smart to have a unit that looks exactly the same as your neighbours. Just pay for an ID to fix it up the way you want. It maybe only works for a pure investment vehicle serviced apartment type setting to be used for short term stay.
*
Hmm, why not - at a minimum, buyers get to avoid the hectic in engaging the involved parties to fit out the units, may enjoy the value of economy of scale to a liveable standard and could also be financed?

This post has been edited by vincent_ng86: Oct 31 2022, 03:43 PM
TSvincent_ng86
post Oct 31 2022, 03:55 PM

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Anyone heard about Cubic Botanical by ANCUBIC Group?

https://www.thestar.com.my/starpicks/2022/1...fortable-living
Cavatzu
post Oct 31 2022, 03:55 PM

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QUOTE(vincent_ng86 @ Oct 31 2022, 03:42 PM)
Hmm, why not - at a minimum, buyers get to avoid the hectic in engaging the involved parties to fit out the units, may enjoy the value of economy of scale to a liveable standard and could also be financed?
*
To me having kitchen and wardrobes done is enough. Loose furniture is not necessary and I think developers have done away with that anyway. No one wants a Tropicana Uncle incident again.
TSvincent_ng86
post Oct 31 2022, 04:38 PM

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QUOTE(Cavatzu @ Oct 31 2022, 03:55 PM)
To me having kitchen and wardrobes done is enough. Loose furniture is not necessary and I think developers have done away with that anyway. No one wants a Tropicana Uncle incident again.
*
On that, I think the main issue is the expectation vs. reality on the concept of "Luxury".

I would think if the expectation has been clearly established, i.e.: having a showroom for buyers to experience like the concept of vehicles transaction where buyers get to test drive, it could perhaps be avoided.

What do you think equipping units with electrical appliances other than AC? Like Quinn as shared by another forumer above?
Cavatzu
post Oct 31 2022, 04:45 PM

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QUOTE(vincent_ng86 @ Oct 31 2022, 04:38 PM)
On that, I think the main issue is the expectation vs. reality on the concept of "Luxury".

I would think if the expectation has been clearly established, i.e.: having a showroom for buyers to experience like the concept of vehicles transaction where buyers get to test drive, it could perhaps be avoided.

What do you think equipping units with electrical appliances other than AC? Like Quinn as shared by another forumer above?
*
I think the main issue is I don’t trust the developers’ taste and I think furniture packages can be a bit of a rort and are marked up heavily.

As per your Quinn example, 100k for their loose furnitures. Really? You’d get a really custom design for that budget. You might as well plonk down 50k for the generic makeover guys look then.

Seen some other examples of furniture packages being a couple hundred k and not worth it at all. Ironically I think it works well for budget level accomodation for investors as long as it’s cheap and complete when VP.

This post has been edited by Cavatzu: Oct 31 2022, 04:53 PM
lewissac
post Oct 31 2022, 04:55 PM

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QUOTE(Cavatzu @ Oct 31 2022, 03:55 PM)
To me having kitchen and wardrobes done is enough. Loose furniture is not necessary and I think developers have done away with that anyway. No one wants a Tropicana Uncle incident again.
*
Curious, what is the Tropicana Uncle incident about?

Cavatzu
post Oct 31 2022, 05:04 PM

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Google is your friend but here you go.
yakultlover P
post Oct 31 2022, 05:05 PM

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my friend just bought Astoria @ Ampang, fully furnished + ID. he got the biggest unit 1500sf around rm 1mil
TSvincent_ng86
post Oct 31 2022, 05:42 PM

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QUOTE(Cavatzu @ Oct 31 2022, 04:45 PM)
I think the main issue is I don’t trust the developers’ taste and I think furniture packages can be a bit of a rort and are marked up heavily.

As per your Quinn example, 100k for their loose furnitures. Really? You’d get a really custom design for that budget. You might as well plonk down 50k for the generic makeover guys look then.

Seen some other examples of furniture packages being a couple hundred k and not worth it at all. Ironically I think it works well for budget level accomodation for investors as long as it’s cheap and complete when VP.
*
And I am aligned to your viewpoint standing as an investor as it helps on cashflow, at a cost of course.
Cavatzu
post Oct 31 2022, 06:56 PM

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QUOTE(yakultlover @ Oct 31 2022, 05:05 PM)
my friend just bought Astoria @ Ampang, fully furnished + ID. he got the biggest unit 1500sf around rm 1mil
*
Good buy I think. Their launch price was almost 1.5M for partly furnished. The number of auctions in this area does make one nervous. Good for genuine own stay.
nothingz
post Oct 31 2022, 08:13 PM

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QUOTE(Cavatzu @ Oct 31 2022, 06:56 PM)
Good buy I think. Their launch price was almost 1.5M for partly furnished. The number of auctions in this area does make one nervous. Good for genuine own stay.
*
the last time i saw the lelong advertisement, i think it has around 70 years lease left now. The project has just completed laugh.gif
Cavatzu
post Oct 31 2022, 08:40 PM

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QUOTE(nothingz @ Oct 31 2022, 08:13 PM)
the last time i saw the lelong advertisement, i think it has around 70 years lease left now.  The project has just completed  laugh.gif
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Hmm to vp with a 70 year lease is not normal is it? I think that’s why they were slow to sell.
nothingz
post Nov 8 2022, 10:25 PM

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QUOTE(Cavatzu @ Oct 31 2022, 08:40 PM)
Hmm to vp with a 70 year lease is not normal is it? I think that’s why they were slow to sell.
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Banks may be reluctant to provide loan to this kind of property. It is true that having 70 years lease at vp is not something good.
langstrasse
post Nov 9 2022, 08:49 PM

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QUOTE(nothingz @ Nov 8 2022, 10:25 PM)
Banks may be reluctant to provide loan to this kind of property.  It is true that having 70 years lease at vp is not something good.
*
Hi just curious if this was a concern then purchasing a sub sale leasehold property with about 70 years remaining would also be a problem right?

Banks would reduce the LTV ratio?
nothingz
post Nov 9 2022, 11:47 PM

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QUOTE(langstrasse @ Nov 9 2022, 08:49 PM)
Hi just curious if this was a concern then purchasing a sub sale leasehold property with about 70 years remaining would also be a problem right?

Banks would reduce the LTV ratio?
*
Some banks may not even want to borrow you, even if they want to borrow you the rate offered may not be nice. biggrin.gif


 

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