I am very interested in this particular development and had paid a visit to it. My only concern is its run-down exterior. May i know what is the progress on the repainting? Last time I heard a developer called Exism is going to sponsor the repainting.

Which block are you buying? basic or renovated unit?


By the way, I heard now is more difficult to get loans as banks are more stringent in lending.

All sifus, May I know how many 1400sf and 700sf units are there in bukit oug??

Dear owners,

I am the property agent from Megaharta and understand bukit oug & its future development very well. We provide very good service and even advise your prospective buyer on financing to minimize hiccups.

SAVE YOU TIME, ENERGY & MAXIMIZE RETURN!

Kindly pm me!!!

Cheers

To all property tycoons/owners at Bukit OUG:

If you are willing to sell/rent your units, please feel free to engage me as broker. I have spent lot of time studying this area and will definitely do my best to serve you. Thanks. Kindly pm me or contact me 0124433711.

Dialou, you posted this straight after my post might make people think that I am one of those con-men leh.

Btw, I studied this area and am very confident about the future of bukit oug. Just bought a unit.

Any owners can call me at 0124433711 to market their units. Quality of service is assured.

Potential buyers can contact me for details.

This post has been edited by yjtan15: May 19 2012, 06:08 AM

I suppose every development also got pros and cons la. As long as pros largely outnumber the cons, I would think it is a buy. Here below is the summary of my opinion about Bukit OUG.

Pros:
Freehold near LRT at reasonable price tag(around 200++ psf), I went to see other old condo near kelanabuki jaya lrt selling at this price point, but the condition is really much more worse than bukit oug. I dared not to take too many photos as I scared of snapping ghosts images lol.

Transformation into middle to high end residential address as nearby development all sold at more than 400psf. I Understand those new condos like kiara, km1, the z should bear higher price tag due to its concept but the price gap is big enough to allow profitable flipping. Once the access to KESAS opens, people will see bukit oug as part of bukit jalil also as it is really close to it.

Enhanced accessibility and convenience-LRT and new access roads to KESAS lebuhraya bukit jalil. These are really freebies. People riding LRT will notice bukit oug also and this can improve the visibility. Do not forget the ease to rent out the units as well as it is doorstep LRT

Multipurpose hall plus Lai Meng school nearby -plus factors for cap appreciation

Potential commercial development near LRT station -based on what I hear and read from newspaper. In order to unlock land value, our "beloved government" is going to develop lands along the LRT and MRT line.

Ho hup case -regardless of who win the case, the piece of disputed land will be developed into mixed developments which can be an iconic landmark. And it is very near to bukit oug. Berjaya is joining the bandwagon to build mix development as well. What bukit jalil currently lacks is commercial areas, hope these will fill the void.

Cons:

Oversupply of condos-however, the price tag of bukit oug makes it target a different segment -middle class who wants convenience

Traffic congestion-oversupply might lead to overpopulation. But we can take LRT what.

Noise pollution-just don't buy those units directly face LRT track.

Run-down exterior wall-repainting is imminent.


Just my little piece of opinion. Feedback welcome. But do not attack me lol.

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Added on May 20, 2012, 5:49 pm Bought 1465sf at 318k basic.

This post has been edited by yjtan15: May 20 2012, 05:49 PM

Basic 1444sf around 300k based on what I heard.

Mine was 1465. I got full valuation. The banker told me max can go up to 320k

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Added on May 26, 2012, 1:14 amTo add, the bank valuation also depends on which block.

This post has been edited by yjtan15: May 26 2012, 01:14 AM

Haha. My full time job is government servant ma. Perhaps that helps

This layout I don't know wor. Should be around 160-170. My guess...

I want to buy a studio unit too. But no supply

As I know, this particular unit is auctioned by AmBank. It is always better to let the auctioneering bank to be your financier of mortgage loan.

Or you can call this guy Raymond 017-6353186, he is the banker from CIMB . Thanks.

Normally public bank is more conservative in their valuation. You can try Maybank or CIMB. They give better valuation.

I heard currently valuation for 1222sf is between 240 to 260k

My banker told me the same thing, saying that UOB and OCBC do not want to do Bukit OUG as it is more than 10 years yet obtain strata title

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Added on June 14, 2012, 8:02 pmAnyone looking for studio unit??



This post has been edited by yjtan15: Jun 14 2012, 08:02 PM

I though block 10 and 11 only consist of 1465sf and 775sf??

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Added on June 17, 2012, 8:25 amBanks' valuation now between 300-320k. Most prices you see in iprop, homeguru exceed bank valuations.

If I not mistaken, PBB(conservatively) gave 280k-300k valuation only.

But in Subsale, asking price normally exceed valuation. Hopefully this info can help you decide your selling price.

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Added on June 17, 2012, 8:33 amI suppose once they have offered you the loan and you have signed it then the bank is obliged to honor it.

The bank should hv known that bukit oug is still without strata title before offering you the loan.

No worry there must always be a solution.

This post has been edited by yjtan15: Jun 17 2012, 08:33 AM

If no agreement can be reached between you and the bank, then surely can bring forward to Bank Negara. But understandably it will take "sometime" to process.

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Added on June 19, 2012, 11:30 pmDai Lou you kena blacklisted in <wtcomplaint> wor...

This post has been edited by yjtan15: Jun 19 2012, 11:30 PM

[quote=alpinev18,Jun 30 2012, 10:13 AM]
What to do, finally I found one.

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Added on June 30, 2012, 10:14 am

Of course.

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Low floor versus high floor facing lrt, which would have less noise pollution??

To all tailors here, just wanna ask if I buy the highest floor and the roof is leaking causing water marks and stains in my unit, who should pay for the repair cost for roof leakage and repaint?management??

Ya. . I asked the tenant next to my unit. He said so far no leaking problem. I want to renovate my unit but worry that the leakage might recur any time and spoil my renovation and painting. So now I hope the management would do inspection and if leak, repair it so that I can renovate and move in ASAP.