i heard from my friends who bought at D' Piazza...seems like the project is stalling now?

scary lor....those property halfway build now...

not sure if D'piazza is really stalling, but i did notice the progress is getting slower and slower....

as dingdangdong mentioned, we are forming and looking for other queensbay residents to form a more "localized" community. if you are staying there irregardless whether u own or renting, please do join us there .

PORR is something not sure now....so don't bet on it....
even the 2nd bridge...those who buy in anticipation of 2nd bridge...now also not sure can finish or not....i read at newspaper...both party cannot agree on the pricing...if not solve soon, will be shelved...

I got a relative who bet RM2mil on it.

He bought an oil palm estate near Batu Kawan. Hoping to reap benefit from the 2nd bridge.

The Ex-CM bet almost 70% of his assets. He bought most of the available land at Batu Kawan.

And that's why he insisted that the bridge must be build at the South. Eventhough it meant significantly higher construction cost.

hi, new in this section...

just a related question: anyone has any comments on the Ixora Heights Condo?

I have calculated for myself about the Greenlane Heights Apartment with non-covered car park, provided security and the deal is 110k...It is equipped with 3rooms, 700++ square feet...if let say i can find interest about 4.5%(after BLR minus the interest rate that offered by bank), and make it 30 years tenure, each month i need to pay RM430.68 exclude maintenances fees and utility bills....

After 30 years, i found that i settle about RM180k...means that RM180k-RM110k=70k and this amount is the interest charge for 30 years...so, it is rm2333 per year, rm194 per month, rm6++ per day lo...suddenly i feel that buying house as investment is not so good...pls don forget i havent add in monthly maintenance fees yet which is RM80...RM80x12x30=RM28800...so how you make money from buying house?

In addition, please do not forget about BLR(base lending rate) that may be adjusted, as u can see, global economic so bad these days, so we cannot predict what will happen next...just for ur info, current BLR is 6.75%, but i can sense that BLR could be adjusted(if increased too bad la, if decreased then good but possibility very low) either this year or next year...

So, at this moment, should we buy a house or not(if i is for investment)? is it worth to buy 110k greenlane heights? i need ppl opinion...help!!!

I just bought Regency Height, now eying a private development project somewhere near Tg. Tokong.......

wow... RM300k and above right?
it's one of the hot properties in recent times...i am not sure if it's still hot now though...hehe..
just got back from that place last weekend...very nice and relaxing place...love it...

you buy to stay or to rent out? if you can let it out at 600-700 you would be making a profit but that is if your tenant pays and you have a tenant for most of the time

ya..im staying there actually(government ganti us one because our old house had been replaced, so we no need to pay any money unless 2k for car park and renovation fees)...i stay at Block A...block C quite ready, block B still under construction...

jus FYI, 1 unit there is 75k + 9k car park lot=84k(650sq feet), above 19th floor can get 42k with 2 rooms only( 550 square feet)

previously, i was planned to buy extra 1 unit there for rented purpose but finally i not decide to buy..do u know why? there have alot of bangla and indonesia nowadays...and pls don forget that place is reclaimed land...very not peaceful although chinese quite alot too...

crime rate high? everyday got ppl get snatch?

Looks like the 2nd link construction will resume...

http://www.themalaysianinsider.com/index.p...r-a-years-delay

He has mentioned the word investment.

I don't think a 700 sq ft. apartment can chalk up a rental of 600.

So far still cannot see the frequency of crime issue...but there got happen 2 case of people commit suicide( challenge themselve by jumping off from top floor)....

Its possible if there is a college nearby

Heard someone mentioned about the E&O property just behind Island Plaza, my dad was offered one Low Medium Cost 660 Sqft unit there, that place is called Palm Court.

Took a short tour that day, I find that the property location is really good, mere walking distance to Island Plaza, paid my SnP fee already, but now i heard someone mentioned that that piece of reclaimed land has got some crackings, so is it safe to live there? And even if the wall really cracks one day, will it affect the entire structure will it collapse?

Any civil engineers please enlighten people like me? How is the structure and foundation is built on any reclaimed land? Why should there be a grace period for at least 1 year is it to settle down the soil and make it solid or what before any construction?

I've heard another version of story that even though any reclaimed soil will go downwards, it will still not affect the foundation and piling structure for these houses, but what about this Palm Court which has an 11 storey high? Also heard that in Gold Coast, that even though the soil has gone down a lil, but the structure is still strong, so there should no be any worry.

Please advise a noob, thanks!

About the Palm Court as Lightning Revenant mentioned, that piece of land was reclaimed many years ago compare to the Semi-D / Banglo area further into the E&O project. Properties nowadays not as tough as old properties. They do cracks after 3-5 years, and even some of them will crack in just 2 years (not to mention which property).... As for the defects will cause the building to collapse or not, really need some advise from pros =P

---

Added on November 8, 2008, 1:22 amoverall rating for Sri Saujana not bad lar...

This post has been edited by abyss8: Nov 8 2008, 01:22 AM

Try to aim for properties on reclaim land on lands which already have been reclaimed for more than 10 years... Reclaimed land need some time to settle down and be compacted.

I think whether the land is reclaimed is not really the most important thing, having a strong foundation for the building is most important.

Hi

I am property negotiator.

Please choose Sg Dua or Taman Lip Sin area if you are planning to invest and then rent it out.

If your pocket is deep, then go for Tg Bungah area.

These area more demand. Easy to rent out and high chances you can rent out at upper market rent price.

Example this week I got 4 serious clients who wants to rent a place (700sf 3r 2b) at Taman Lip Sin at RM600. Currently got 2 are willing to offer more. Now owner deciding who to rent out to.

Demand and right timing

Anyway it's just my 2cents.
Interested to have more info can call/pm me.

as of 14/Dec, there is only around 5% units are un-sold, those are located at not so nice location.
this is really a concern. hopefully not so many issues... like polution, crime, etc...
agree...
yea, hopefully not so many issue happen in the future.
the mngmt said the permit of building a rd to bt.kawan is under reviewed by government at the moment.
in addition, some developers nego to tender the chicken-farm surrounding the tmn for future projects.