Bukit OUG Condo, Any information?
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 May 10 2011, 05:34 PM
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Senior Member
1,135 posts Joined: Oct 2007  
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Circular from the Management office
7. STRATA TITLE - The application exercise for Strata Titles will commence as soon as we receive all details and Application procedure from the Liquidator. All Owners will be informed of this process in due course |
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May 10 2011, 05:47 PM
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Senior Member
1,549 posts Joined: Nov 2010
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QUOTE(keithcky @ May 10 2011, 05:34 PM) Circular from the Management office haha...bro....now you know i not simply tembak2 person oh....... 7. STRATA TITLE - The application exercise for Strata Titles will commence as soon as we receive all details and Application procedure from the Liquidator. All Owners will be informed of this process in due course   |
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May 10 2011, 06:02 PM
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Senior Member
1,135 posts Joined: Oct 2007
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QUOTE(22222222 @ May 10 2011, 05:47 PM) haha...bro....now you know i not simply tembak2 person oh....... haha u said someone already got the title lah taikor MANA ADA they still in de process i very close with the liquidator ppl and nothing has been finalized yet loh!! |
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May 10 2011, 06:06 PM
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Senior Member
1,549 posts Joined: Nov 2010
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QUOTE(keithcky @ May 10 2011, 05:15 PM) Guardhouse face out is EAST 1222 for 200k not so expensive bro, there is around 163psf....Added on May 10, 2011, 5:22 pm 1st flr oso asking for 200k already huh Keep holding on LOL Look around our new development neighbors....all talk about 350psf and above and again look at existing OG height, they all asking above 250psf..... Dun u think our price still stay at 160-170psf, after we get our waiting for so long time - strata title? Look at current auctions unit, all units was bid over 200k, although bank valuation is around 180k - 190k, but they still keen to bid to high price and top up their downpayment, is he/she cray liao....nope...because they are know there is no another chance to get a unit wt bigger size, freehlod, cheap in KL area anymore. Jz talk syok sendiri....dun tembak me oh.... Added on May 10, 2011, 6:12 pm QUOTE(keithcky @ May 10 2011, 06:02 PM) haha u said someone already got the title lah taikor MANA ADA Haha...i know u very sociable, but i dun know u oso very close wt the "Big ear liquidator"....if like that help us to "gao din" them lah, dun charge sini & sana lah......no money lah...very poor now... they still in de process i very close with the liquidator ppl and nothing has been finalized yet loh!!  This post has been edited by 22222222: May 10 2011, 06:12 PM |
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May 10 2011, 06:23 PM
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Senior Member
1,135 posts Joined: Oct 2007
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QUOTE(22222222 @ May 10 2011, 06:06 PM) 1222 for 200k not so expensive bro, there is around 163psf.... Haha Agree bro i support u all the way !! This is what i waiting for. Look around our new development neighbors....all talk about 350psf and above and again look at existing OG height, they all asking above 250psf..... Dun u think our price still stay at 160-170psf, after we get our waiting for so long time - strata title? Look at current auctions unit, all units was bid over 200k, although bank valuation is around 180k - 190k, but they still keen to bid to high price and top up their downpayment, is he/she cray liao....nope...because they are know there is no another chance to get a unit wt bigger size, freehlod, cheap in KL area anymore. Jz talk syok sendiri....dun tembak me oh.... Added on May 10, 2011, 6:12 pm Haha...i know u very sociable, but i dun know u oso very close wt the "Big ear liquidator"....if like that help us to "gao din" them lah, dun charge sini & sana lah......no money lah...very poor now... I should put sky high price now. Even though i put 220k also alot of ppl very keen, yes things r getting crazy because of all the good news materialized. One day easily 10-15 inquiries. --------------------------------------------------------------------------------------------------------------------------------------- Bro Vince we are not the speculators but the real investor because we invest not based on BBB rather than Insider info lol |
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May 10 2011, 07:22 PM
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Senior Member
6,747 posts Joined: Sep 2010
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QUOTE(vince8307 @ May 9 2011, 10:44 PM) ya~but that time the property value not damn high like now wat.... Take Bdr Kinrara 4 as example :- 1999 - price 230K My loan 200K - mthly installment 18xx/mth 2010 - price 430K Loan 400K (4.25%) - mthly installment 1967/mth Can you see the effect of interest rate? You double the loan amount, any yet you pay extra 8% in installment In 1999, my salary 1750, bank would loan me max 80K, same thing, wat option did I have? Now, fresh graduate with 1750 can obtain 150K loan, thus I dun see any big different between these two generations Always remember, invest/buy property when "INTEREST RATE" is low... You are in the best position to buy a property, dun complaint and take action. This post has been edited by UFO-ET: May 10 2011, 07:24 PM |
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May 10 2011, 08:45 PM
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Junior Member
302 posts Joined: Aug 2008 
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QUOTE(keithcky @ May 10 2011, 05:34 PM) Circular from the Management office Mr Charles told me still need 6 mths for the application exercise~7. STRATA TITLE - The application exercise for Strata Titles will commence as soon as we receive all details and Application procedure from the Liquidator. All Owners will be informed of this process in due course Added on May 10, 2011, 8:58 pm QUOTE(keithcky @ May 10 2011, 06:23 PM) Bro Vince we are not the speculators but the real investor because we invest not based on BBB rather than Insider info lol Oic....hehe~sorry sorry...not mean u  coz last week i went to management office pay the fee, they told me a lot of ppl's invest here recently but didn't pay the maintenance fee~if keep like tat is quite hard to make the condo value going up so fast..they shown me a few bill owning 2K-5K for the maintenance fees bcoz of their tenants don't want to pay, at the end both also don't want to pay the maintenance fee between the tenants & owners...  Added on May 10, 2011, 9:04 pm QUOTE(UFO-ET @ May 10 2011, 07:22 PM) Take Bdr Kinrara 4 as example :- oic....no complaint....bought already since 2 yrs ago (At that time BLR are 5.55%. Historic low interest rate 1999 - price 230K My loan 200K - mthly installment 18xx/mth 2010 - price 430K Loan 400K (4.25%) - mthly installment 1967/mth Can you see the effect of interest rate? You double the loan amount, any yet you pay extra 8% in installment In 1999, my salary 1750, bank would loan me max 80K, same thing, wat option did I have? Now, fresh graduate with 1750 can obtain 150K loan, thus I dun see any big different between these two generations Always remember, invest/buy property when "INTEREST RATE" is low... You are in the best position to buy a property, dun complaint and take action.  )This post has been edited by vince8307: May 10 2011, 09:14 PM |
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May 11 2011, 02:03 AM
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Senior Member
4,105 posts Joined: Jan 2003 From: eE-pOh | KL
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QUOTE(smsam2 @ May 8 2011, 09:35 PM) Looks like babymiki just got a new unit. Yupyup If it is, congrats. Personally I think those entering Bukit OUG now have a good deal. Price appreciation is almost certain, downside risk is quite minimal. By the way, can some forummer update here if Lerlum contacted you for the payment? It's been so many years, I am not sure if they even have my updated mailing address. Don't feel like contacting them. Sure they will ask to pay first, and talk later :-)  1222sqf |
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May 11 2011, 09:30 AM
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Senior Member
600 posts Joined: Dec 2008
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QUOTE(concern1 @ May 10 2011, 12:50 PM) dear bukit oug friends. Love to see that coming, this will definitely help us to maintain a nice condo to live in.we have just made a call to the immigrants enforcement and already made a report. thanks for all the info... they will be coming soon to check on this building anytime. and this time they are going to make a major raid in this building. |
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May 11 2011, 12:16 PM
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Junior Member
302 posts Joined: Aug 2008
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Start frm today, RM19/mth increased only for my house loan...B.OUG Condo, I love u~hahaha
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May 11 2011, 12:33 PM
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Senior Member
1,549 posts Joined: Nov 2010
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May 11 2011, 04:17 PM
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Newbie
2 posts Joined: Nov 2010
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Property agents are really getting smarter. They make sure of the internet/forums, pretend to be residents/potential buyers to create the hype and jack up the price big time. This property is definitely overpriced, it is true that the value has gone up quite a bit, because of the hype created (by capitalising on the future LRT station).
The upcoming projects around this area will give the buyers plenty of choices. They will make this property look really old and cheap as well. By then, rental rate could drop, rental range is around 1k-1.3k at present, how much do you think the rental rate would be for RR, KR and ZR once they are ready? If rental for those projects can fetch 2.5k and above, then great. If rental rate is in the range of 1.8k, what will happen to Bukit OUG condo? Can this property continue attracting enough interest for locals to buy for own stay? If most of the buyers are speculators and nobody actually wants to live there, then this property is in real danger. Just my 2 cents. |
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May 11 2011, 05:07 PM
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Junior Member
95 posts Joined: May 2011 From: Klang Valley
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QUOTE(mcglue @ May 11 2011, 04:17 PM) Property agents are really getting smarter. They make sure of the internet/forums, pretend to be residents/potential buyers to create the hype and jack up the price big time. This property is definitely overpriced, it is true that the value has gone up quite a bit, because of the hype created (by capitalising on the future LRT station). not that bad～still have A LOTS of youngster can't afford 300+psf condo.The upcoming projects around this area will give the buyers plenty of choices. They will make this property look really old and cheap as well. By then, rental rate could drop, rental range is around 1k-1.3k at present, how much do you think the rental rate would be for RR, KR and ZR once they are ready? If rental for those projects can fetch 2.5k and above, then great. If rental rate is in the range of 1.8k, what will happen to Bukit OUG condo? Can this property continue attracting enough interest for locals to buy for own stay? If most of the buyers are speculators and nobody actually wants to live there, then this property is in real danger. Just my 2 cents. |
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May 11 2011, 05:11 PM
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Junior Member
302 posts Joined: Aug 2008
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QUOTE(mcglue @ May 11 2011, 04:17 PM) Property agents are really getting smarter. They make sure of the internet/forums, pretend to be residents/potential buyers to create the hype and jack up the price big time. This property is definitely overpriced, it is true that the value has gone up quite a bit, because of the hype created (by capitalising on the future LRT station). Did u think if ZR & KR rental below 1.8K....Those investors need to jump sea already...coz their gain can't cover his monthly instalment since the house they bought damn expansive.The upcoming projects around this area will give the buyers plenty of choices. They will make this property look really old and cheap as well. By then, rental rate could drop, rental range is around 1k-1.3k at present, how much do you think the rental rate would be for RR, KR and ZR once they are ready? If rental for those projects can fetch 2.5k and above, then great. If rental rate is in the range of 1.8k, what will happen to Bukit OUG condo? Can this property continue attracting enough interest for locals to buy for own stay? If most of the buyers are speculators and nobody actually wants to live there, then this property is in real danger. Just my 2 cents. This post has been edited by vince8307: May 11 2011, 05:11 PM |
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May 11 2011, 05:25 PM
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Senior Member
1,135 posts Joined: Oct 2007
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QUOTE(vince8307 @ May 11 2011, 05:11 PM) Did u think if ZR & KR rental below 1.8K....Those investors need to jump sea already...coz their gain can't cover his monthly instalment since the house they bought damn expansive. Bro ZR their installment easily 1.8k + 250 maintenance that is Rm2050 (Cost)Bukit OUG 180k loan = 900 + 160 maintenance. Rm1000 (Cost) How many locals can afford a 2k rental? You and me already got the answer lol Matter is how sustainable these so called high-end prop in OUG. and the amount of risk involve from buying a 200k prop and a 500k prop. Most of the 500k prop buyers nowadays are youngsters. Dont ask me how i know haha Investment is for long sighted ppl, not for those looking for a quick buck. |
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May 11 2011, 05:38 PM
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Junior Member
302 posts Joined: Aug 2008
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QUOTE(keithcky @ May 11 2011, 05:25 PM) Bro ZR their installment easily 1.8k + 250 maintenance that is Rm2050 (Cost) Agreed. keke~ Bukit OUG 180k loan = 900 + 160 maintenance. Rm1000 (Cost) How many locals can afford a 2k rental? You and me already got the answer lol Matter is how sustainable these so called high-end prop in OUG. and the amount of risk involve from buying a 200k prop and a 500k prop. Most of the 500k prop buyers nowadays are youngsters. Dont ask me how i know haha Investment is for long sighted ppl, not for those looking for a quick buck.  |
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May 12 2011, 06:06 PM
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Junior Member
8 posts Joined: May 2011
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QUOTE(furryfluffy @ May 10 2011, 03:43 PM) Solution is flush out these immigrants from the country? as i have said only the ILLEGAL immigrants.... not the one with permits... the one with permits are the one who is responsible...Somehow they do need a place to stay. I rented my apartment to foreign workers also, but paid by their boss, restaurant owner. It was quite dirty, but they help to clean up the unit before the tenancy agreement expired. Not all are bad. |
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May 13 2011, 12:59 AM
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Senior Member
983 posts Joined: Jul 2008
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It would help if the condo gets a new coat of paint. Looks very run down. But JMB can't be formed without strata title right?
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May 13 2011, 07:56 AM
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Junior Member
302 posts Joined: Aug 2008
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QUOTE(WannaGetBuffed @ May 13 2011, 12:59 AM) It would help if the condo gets a new coat of paint. Looks very run down. But JMB can't be formed without strata title right? What u mean JMB can't be formed? 2nd JMB formed more than 1 years already. |
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 May 13 2011, 08:16 AM
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Junior Member
81 posts Joined: Aug 2010
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QUOTE(WannaGetBuffed @ May 13 2011, 12:59 AM) It would help if the condo gets a new coat of paint. Looks very run down. But JMB can't be formed without strata title right? JMB STAND FOR JOINT MANAGEMENT BODY, IF GOT TITLE NO NEED TO "JOINT" LO. Check out the following links on the Building & Common Property (Maintenance & Management) Act that is in operation from 12 April 2007. The developer has 12 months from that date to call for the first meeting to form the Joint Management Body. This is good for apartments/condominium where strata titles are not issued yet. http://hba.org.my/laws/building/bcpAct2007.htm |
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