I definitely DISAGREE with what you say here, after the neighboring condominiums are built in this area, it will boost Bukit OUG rental rate if not sustaining its current rate. Don't forget the price tag of these new condominiums are much higher than Bukit OUG's, in another word the monthly installment is also much higher. Further more, with the future LRT station (which I can already see its pillar) nearby & new access to KESAS (without going thru Taman Yarl), these two factors will definitely attract more working adults to seek condo for rent.

In short this condo, will be doing well, providing the management does its part too.

Hi, all the bros/sisssssss,

This Saturday who will going to attend the monthly meeting, pls do update here the latest information.......

I more interested in "Strata title" issue, pls help to ask how fast when we can get it....

Why i not attending? bcos i not in the town right now......

I saw some post here said the price of B.OUG overprice....haha....please tell me which area of KV not overprice now?

IMO, now overpriced doesn't matter, the important thing is do this place will transform to hot area for future, it is what i always consider to.

Investment always talk about "Potential" + "long term", when you lock target, jz go for it.....dun influence by ppl....u will laugh until the end...

Jz 2MYR.

mcglue has his point too, look at MK 15 yrs ago, those 1st 10 condos can easily rented out for 8K-12K, owner bought <400K, and now bout 40 condos (new & old) come into the mkt, the rental has dropped even to RM1500 for old condos and RM3500 for brand new condo (1 million purchase price).
The real issue in BJ is too many new condos supply in the near futures, bout 7K-8K, dunno how many are for own stay..
like MK tenant, they are moving fr 1 condo to another, when supply is getting more, they become choosy, want new condo with good facilities demanding the same old rate. I agree that Bkt OUG condo, Damai condo, Arena Green, Greenfield & Vista Kommanvel condos has the advantage of the low acquisition cost, can rent cheaper and break even installment amt. The worry is if really too many new condos for rent pouring into the mkt, it will force the rental price for the new condo to drop to a level closer to the old condo. Nett ROI for old condos can still maintain at 5%-7%, new condo investors be prepare to accept nett ROI of 2%-4%.
Dun forget also, there are 26 new LRT stations built till Kelana Jaya, so instead of saying BJ old & new condos compete to each other, they are fighting the rental mkt with other condos (The Zest) / landed properties in Kinrara or Puchong (Setia Walk) as well, all walking distance to LRT.
My 2 bakuli..

[quote=UFO-ET,May 13 2011, 11:16 AM]
mcglue has his point too, look at MK 15 yrs ago, those 1st 10 condos can easily rented out for 8K-12K, owner bought <400K, and now bout 40 condos (new & old) come into the mkt, the rental has dropped even to RM1500 for old condos and RM3500 for brand new condo (1 million purchase price).
The real issue in BJ is too many new condos supply in the near futures, bout 7K-8K, dunno how many are for own stay..
like MK tenant, they are moving fr 1 condo to another, when supply is getting more, they become choosy, want new condo with good facilities demanding the same old rate. I agree that Bkt OUG condo, Damai condo, Arena Green, Greenfield & Vista Kommanvel condos has the advantage of the low acquisition cost, can rent cheaper and break even installment amt. The worry is if really too many new condos for rent pouring into the mkt, it will force the rental price for the new condo to drop to a level closer to the old condo. Nett ROI for old condos can still maintain at 5%-7%, new condo investors be prepare to accept nett ROI of 2%-4%.
Dun forget also, there are 26 new LRT stations built till Kelana Jaya, so instead of saying BJ old & new condos compete to each other, they are fighting the rental mkt with other condos (The Zest) / landed properties in Kinrara or Puchong (Setia Walk) as well, all walking distance to LRT.
My 2 bakuli..

[/quot


Well the conclusion is .... don't buy new condo, look for condo like Bukit Oug with "freehold title" and still price reasonably.

I'm get 2nd car park! But I'm do charity to offered my 2nd car park to other already...

???, balloting not in 14/05/2011 mei......how u can the second cark park?

R u referring cover parking?

oo...i think is jz the list of applicants only...not successful yet
tis 1 is uncovered car park frm 1/6/11 - 31/5/12

This post has been edited by vince8307: May 13 2011, 05:17 PM

Thanks for the info . So what do you think of the performance of the current JMB so far? Got anyone request to get a new coat of paint for the building?

Thanks for the info

ya~gv them Grade A (85%) of service

if after paint & settled the strata title issue, they will get 100% of mark


I'm now at hometown, missed the meeting yesterday...

old and doors and light is not maintain. it get creepy feeling. i think mgm problem and will full of dust and traffic jam when others building start to build. Advise to buy when all the constructions in progress when it is jam n dusty.

Bk OUG owner dont let go yours unit, keep it for long term. Price will shot up tremendously after few new project surrounded completed. With all the new amenities and new infrastructure coming in, BK oug is good to hold for investment n for own stay.

Once The Z n kiara Residence phase 2 get their AP n DL from authority in June o July , than the developer will advertise in newspaper (The Star n Sin Chew....) in full page for at-lest for few months. That time selling at rm390-400psqf soo for 12++sqf roughly rm490kr-m510k n 14++sqf 570k- 600k. (pls check with the developer)

Than how this developer explain the location to their potential buyer?? "next to BK OUG Condominium" whole nation will know BK OUG surrounded by new property n new infrastructure.
(free advertisement le)

Next year The Rainz n The Seedz will do the same thing!!!!!!

There is a new notice board set up by DBKL in between B.OUG condo & bridge propose that

1) Increase the population from now 60/acre to 500/acre

2) To build 4 block resident building with 31-33 storey

What r understand that Kiara residence only have 4 blocks wt 12 & 13 storey? How come now 31-33 storey? If not kiara should be Z residence, but z only 2 block.......Is it possible Rainz residence?


Anyway, Z Residence start work oledi....congratulation to the ZR buyer..

I think the four blocks 31-33sty are Kiara Residence two.

It's getting crazy now very soon can order one Q7 already lol

Btw, what is the status of last week carpark balloting ah? I Ada dapat ke tak pun tak tau

Btw I don't even know where my carpark is? No lot number in my S&P tim. Management office tau ka?

Hey Keith

You just bought your unit? If so, congratulations.

yes, you can check with the management. They will know your car park lot.

Sam

Hi Sam,

I bought early 2010 but just got all my keys not long ago. Now changing tiles and repainting Loh.

Okie I will check with the management staff.

Saw your ads in thinkproperty, manage to sell yours?

Early 2010.....if not mistaken that time oni sell at 120 ~ 140k......now u untung banyak oh....bro.....

The balloting result will be publish out at notice board soon, u can check ur taiko unit on the list or not.

ya ya... rich man... salute

Wah... the name transfer took a year...

That's why I also did not aggressively sell it. I suspected it will take a year or so as well. That being the case, I think I prefer to hold until the price stabilises before selling it off. Am optimistic the price will increase for at least more.
That's what I wish anyway :-)

the price is unbelievable good its not what u guessed hehe

okie shall see if i can get the extra, tot extra carpark is a selling point for renting

---

Added on May 16, 2011, 6:03 pmWell since its under liquidation it has to go thru a liquodator = LerLum for Confirmation letter. and they require alot of docs for their records therefore it would be a hell lots of work.

And for those who bought before LerLum took over i think you had to pay a 2% (S&P price) to LerLum as liquidator fees. Only required to pay one time. Like my case vendor paid, so next time when i sell only need to pay Rm50 for the confirmation.

And my selling process is much simpler coz my file is already with LerLum and the docs are in order.

After strata titled being issued this will be much smoother.

*tips* Get only lawyer that are familiar with the project. Else it might take some time.

Happy hunting



This post has been edited by keithcky: May 16 2011, 06:04 PM

http://www.nanyang.com.my/InterestingCorne...=227&catid=1115

This post has been edited by pohang: May 19 2011, 11:35 AM