Boss ironmanz, u bought south residence in tmp?

I went google check , and it marked as 'SDP USJ New TOD project'

I wonder anyone has made any comparison of this with HCK Group that took over Remix 1 & 2 from Mammoth? While not a tod development, it's proximity, the setting up of a higher education center within the development itself and with Kumpool serving the last mile to LRT station, it present a viable alternative.

What can this development by SDP bring to differentiate itself from the others and also within it own development as there are still land next to it. Anyone seen the latest master plan?

And if Sunway do launch their own development, this will just add on the supply and all products are very similar i.e. targeting students. Can the market absorb all the supply while maintaining prices?

Bear in mind we are not talking about 1k or 2k units available. If we combine HCK, SDP and Sunway developments, the supply could reach 5k to 6k units, conservative estimation. Don't forget the existing supply.
Even without Sunway jumping in, the ones in the pipeline is already quite substantial.

So, a USP that standout and meet the market demand is very critical in this highly competitive environment.

Hi Bre, yes, shared about this in another thread

I think Hype's direct connection to a station will attract the buyers who prefer public transport. Providing last mile service is ok, but there's still the wait for that connection, as well as no certainty it'll be there for how long.

Sunway city is an educity, there's many condos but demand is high. And being directly connected to a station means that you're not confined to only servicing people who work/study nearby, they could be working/studying anywhere that's near to a station.

Well if they sell the unit price almost similar like Serasi, I might get 1 unit here!!!
SD any pre-owed unit can get additional 1.5% discount from the official price.

Pooh, you mean SD owners get extra 1.5% discount when they buy another SD property? Go for it then

While the direct connection or close proximity to the station might be an advantage it doesn't guarantee success. Look at Rhythm Avenue in USJ 19. It's just next to the station but it's value didn't appreciate despite that.
Compare it to Main Place, which isn't near any station and a good 500m away from any station, it's doing okay. Not fantastic but at least holding it's value.

It's a double edge sword being close to a station. While it provide an alternative mode of transportation and convenient, it also create more noise, traffic, reduced privacy, security, high density etc
It's pros and cons need to be evaluated objectively rather than just looking at its direct link to station. There are similar development with such feature and it doesn't guarantee value.

Last mile connection like Kumpool is gaining popularity among students. I understand Taylor students use it's service quite extensively and the app managing it's service from booking and tracking the vehicle is quite good. Not perfect and has it issues, which hopefully will be improve over time.

Be wary of the hype generated by developer. Keep ur head level and do your due diligence. Look at the data and the competition, at least you know what you are getting into.

By analysing the market price in the surrounding area, you'll know what is the entry price to go in and what's the price you'll avoid. Developer does something similar when pricing their product but they take into account a whole lot more variables.

And also note the land title. Likely this will be converted from industrial to commercial title, meaning utilities rate will be higher. Of course owners can apply to convert it to residential but note the word "apply"....ya

Happy hunting ...

Agree that a ToD has its downs, a buyer preferring ToD would be ok with those factors as connection to ToD is the top priority for him/her. Difference with last mile connections is that the direct link bridge is perpetually there, with connections it depends on whether would still be there decades from now

Boss,
I'm trying to highlight don't just look at 1 feature like the direct link bcos there are compensating option/solution. It may not be perfect but there is an alternative. So don't need to put too much weight on it.

Just to share another example on over emphasis on 1 feature. Many moons ago, many of us (myself included) bought properties in Semenyih land. The need for an affordable landed of reasonable size from an established developer was the driving force. All other points was secondary, like the distance from place of work or CBD.
However, upon VP and upon trying it out, we soon realize that despite getting the property we wanted, the cost was extremely high and tiring. Both physically and mentally and not only on ourselves but also our family.

Needless to say, plans had to be revised and the investment wasn't as rosy as it was thought to be.

While this is just a shared experience from a few and is not representative of the market or the general buyers, the point is, we must do our homework with a level and clear head and not be too influence by hype created by developer. Be prepare to fail in your choices and just make sure you don't have to visit the 18th floor.

As my boss use to say, got pros sure got cons....ya

Happy hunting....ya

Was pointing out why buyers who prefer ToD would be going for such, since direct link would be their top priority.

How many SAMM unit can an individual eligible to get?
Isn’t it only one per individual? Hahaha I’m amazed with the word “other” hehe.

Yes LongShot boss you’re right. Do not solely depend on one factors…best to have multiple but price also must be nice. If multiple features, price also multiple X.

Proxy buyer ma🤣

Don't say so loud! 🐼🐔🤣🦁😁😅

Bro pooh sibeh loaded🤣 how many samm units in serasi u buy liao bro?😜

tbh, though tod project, ppl still driving due to connectivity issue to certain places hence tod is not really in my prime consideration in choosing the prop.

Likely for those who take lrt mrt to work.

This TOD project is meant for foreign students to stay, so this area
doesn't suit your lifestyle.🐔🐔🐔🐔🐔🐔🐔

This TOD project is meant for foreign students to stay, so this area
doesn't suit your lifestyle.🐔🐔🐔🐔🐔🐔🐔