I intended to buy a unit, how much psf in the market?

I heard that some new development project, LRT station, Greencity shopping centrel and a chinese school will built near by the OUG condo, am i right?

Somemore, the access from now 3 will be increase to 5.

Worth to buy, the area should be around 200++ now.

Can you recommend SA to me?

Anywhere, 2 more question here :-

1) Do the jmb going to repaint the building?
2) What I know the Condo still under master title, when the jmb going to get the title?

Here is the 2 new route




Attached thumbnail(s)

Here is 2 new route



Attached thumbnail(s)

[quote=keithcky,Nov 29 2010, 11:51 PM]
My friend LRT mana boleh pusing itu macam? haha

S Sorry, I forget draw the line in between.

New Development - One Jalil by Hohup near Bukit OUG

Please have a look.

http://www.skyscrapercity.com/showthread.php?t=893430

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Added on November 30, 2010, 11:09 pmSome Bukit Jalil new development :

Education ministry approves relocation of Lai Meng School and Kindergarten
By Wong King Wai of theedgeproperty.com
Thursday, 01 July 2010 19:20

KUALA LUMPUR: The Ministry of Education has approved the relocation of Lai Meng School and Kindergarten from Jalan Ampang to Bukit Jalil, Magna Prima Bhd announced on Bursa Malaysia on Thursday, July 1.

In an announcement on March 23, 2009, the Group entered into a conditional sales and purchase agreement via its wholly owned subsidiary Twinicon Sdn Bhd with Lai Meng Girls’ School Association to acquire the 2.6-acre land parcel, including the buildings, for RM148.2 million.

In acquiring the land, the Group had to build a new school in Bukit Jalil on a 5.5-acre land parcel for the school and kindergarten to relocate to.

Once the acquisition is completed, Magna Prima aims to demolish the existing structures to make way for further development and capitalise on the prime location of the land, which is a short distance from the Kuala Lumpur Twin Towers and various commercial amenities.



http://www.phatdivamama.com/2009/12/iman-u...ndergarten.html


<<The actual location is land behind the Hohup office.>>

This post has been edited by 22222222: Nov 30 2010, 11:09 PM

You can look for one of the SA from iproperty. I oso interested on it, now bargain with the seller, possibility will deal at RM200k ~ RM210k for unit 14++ sf. Below is the link, good luck.

http://www.iproperty.com.my/property/searc...99&lo=&wp=&ns=1

Latest News.

http://mmail.com.my/content/57614-lrt-exte...l-design-stages

How much the price for you 1222? I just settle 1 unit with price transaction RM205 - 1465sq ft.

Now, i ask my agent help me to rent out price will within RM 1300 to RM 1500. (to cover my installment)...HAHA!

Just pay the downpayment 10% and key already on my hand. Owner just move out last week... they are agreed early release the key to me.

With the key, i already ask the agent help me to look for potential tenant. Just a minute ago, agent told me rent out with RM1400....will sign the agreement by next week. Kaya....kaya

Yes, I know the transaction maybe take a longer time, but this is not my main concern, I only concern how fast i can get back the return.

I also been told by the agent that i needed to pay extra 2% in order to get letter of consent. ( I dun know what is that???) (Anybody got idea on it).

But, nvm.... I believe I will earn back the double within 3-5 year. (Unless the LRT stop work... )

Haha.....now hot demand ........

You can look for one of agent as below link......

http://www.fullhouse.com.my/public/pub_bui...ile.asp?id=1025

http://www.iproperty.com.my/property/searc...99&lo=&wp=&ns=1

http://www.hartanah.net/search.php?address...=&Submit=SEARCH


I really all sell off.......eventually you can direct go to bukit oug condo.....inside got a real estate agency, maybe you can ask them to find 4 u.

Good luck! Always believe that...when something hot demand.....the selling price will .........like Iphone.

Latest News.


Friday December 17, 2010
LRT extensions being vetted
By JADE CHAN
jade@thestar.com.my

THE Subang Jaya Municipal Council (MPSJ) has already approved seven out of the 20 stations for the LRT extension projects involving the Kelana Jaya and Ampang lines.

MPSJ president Datuk Adnan Md Ikshan said the council was now vetting the applications to build the LRT stations.

There are 20 stations under the two lines that fall under the MPSJ’s jurisdiction.

“The applications for 10 stations were submitted recently, while the council is awaiting three more. Some applications had to be re-submitted due to insufficient technical details.

“There are also several issues that have to be sorted out, but that is between Syarikat Prasarana Negara Bhd (Prasarana) and the state government,” he said.

Following requests by several councillors at last month’s full board meeting for a detailed briefing and update on the LRT extension project, Adnan said the council was waiting for Prasarana to call for a meeting.

Adnan said MPSJ welcomed public tip-offs and residents to serve as the “eyes and ears” of their community.

wow..... r u sure 775sf - 130k?

130000/775 = RM 167.7 per sq ft.

My one 205000/1465 = RM 139.9 per sq ft.

I think my one consider good buy oledi...


I know now the youngest like the studio unit. (more easy to manage.... ...in other word....lazy to clean up) But, if you buy for investment better go for big sf with low price. When the market value going up, its will up by per sf basic.....you will earn more for there.

Example.

Your buy 775sf at 130k, when the market go to 200per sf. You only can sell at 155k. Earn 155 - 130 = 25k

If my unit 1465 at 205k, when the market go to 200per sf. I will earn (293k - 205k) = 88k.

It is the reason i didn't look for small sf unit.

Yes, i agreed on it.....130k a bit high in this moment.....maybe 2 month later will be reasonable price..

r u resident of Bukit OUg Condo?

what??? 2% for liquidator to get consent, i think RM500 can "Gao dian". (I never pay so high b4 for another property, to get the consent)

Is it legal / their right to collect such money? Can we challenge them?

You c. If one year transaction about 100 units, average 2% to collect 3k per unit.

one year, their "bulat2" collect 100 x 3k = 300k. if market value up, they will .

I think the JMB must think a way to settle it.

You can imagine when the property going to 400k, who will going to pay 8k (cash) bulat-bulat for them.

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Added on December 18, 2010, 10:28 amAny good buys recommended besides Bukit OUG Condo?

This post has been edited by 22222222: Dec 18 2010, 10:28 AM

haha, you can calculate like that. but, if you own staying, different calculation.

Because, rent out you have double income from your property. (Rental & capital appreciation)

Own stay you only waiting (capital appreciation).

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Added on December 18, 2010, 11:03 amSo bad. But we can do something on it, like force JMB look serious on strate title issue to one shot resolved this problem.

A lot of Management always think that as long as the sell & buy transaction can be done, no issue.

But, it will brought down our property value with this stupid 2%.

Please imagine that nowadays a lot of people/investor only pay 10% downpayment, the rest borrow from bank. But suddenly you ask them to pay extra 6-8k for this stupid thing. They will run always look for the near by property.

Bear in mind, Z residence is going to start work somewhere around Mac 2011 & another project (from Treez owner) also hv a project near by bukit oug will start work around Mid of 2012. The people got a lot choice.

This post has been edited by 22222222: Dec 18 2010, 11:03 AM

Haha, u r right, i am selected bukit oug condo the main reason is $$ cheap and return high (Rental), even it dun hv strate title.

Since the OUG Parklane and Z will going > 300+ psf, how you think about bukit oug condo, how far it will go out (psf), when the LRT is ready.

Confirmed (99.9%.....), in line with LRT route.

Is mean every unit only needed to pay 1 time 2% to liquidator, subsequent transaction Rm50 will do?

That mean next time i sell off my unit, the buyer no need to pay 2%, am I right?

If like that is great, ask the buyer no need to worry of 2% issue.

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Added on December 19, 2010, 12:25 pmOIC, is mean even we pay the cost, we oso can't get back to title....unless they are initial apply for us.

So bad, let me get some advise from my friend.



This post has been edited by 22222222: Dec 19 2010, 12:25 PM

I just come back from Bukit oug condo, I saw one unit want to sold, Block 9.

The contact number is 019-3399291. Good luck

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Added on December 19, 2010, 5:12 pm"Special Title"....??? .

Anywhere it is good for the management focus on repairing. The building is look like "Sick" face, is the time to c doctor.

I think repaint the building is the major challenge task for the management, is possibility need 4-5m to complete 13 blocks.

Where to find this million $$$.... maybe wait for the sky drop the money...



This post has been edited by 22222222: Dec 19 2010, 05:12 PM