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【◆】TROPICS @ Tropicana City Mall Near PJ SS2【◆】, anyone here LYN bought this also ?
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TSsamngcheesan
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 Sep 22 2010, 08:51 PM
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QUOTE(Pai @ Sep 22 2010, 08:44 PM) TBH, never would I have thought this place would've gone up so much. Then again I believe we are at the mid of an unprecedented boom so naturally everything will be more expensive. Was under the impression that is a lousy buy in 2006 until 2008 given the plethora of cheaper, better options elsewhere. However in 2009 noticed that price of studios and 1 bedders in KV are growing at a tremendous pace, and start looking back at Tropics as the entry price and package given by the Dijaya was fairly attractive, comparatively. Then I thought this was a worthy gamble, plus with the mall ready its a relatively small gamble hence took the plunge. So I went in n bought a cemetary facing unit for 226k with low down after negotiating with Dijaya.......... n this was my 1st REAL flip play...... Yesterday, signed SPA selling at 350k and got my 1st 10% from a cash buyer. Netted a small profit for 18 months work. No LAD charges received as I only bought the prop only 18 months ago.......... but Im not complaining................. 
Added on September 22, 2010, 8:46 pmActually, the pool facing 625sqf units are already asking 410k........... so Tazo might need to go hiding for quite some time.....  wow , then mine can sell how much ? facing IKEA , 29th floor , 2 carpark & 3 air-con This post has been edited by samngcheesan: Sep 22 2010, 08:52 PM |
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Pai
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Sep 22 2010, 09:07 PM
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Sam, no idea but if you are selling, then do it FAST |
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TSsamngcheesan
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Sep 22 2010, 09:20 PM
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QUOTE(Pai @ Sep 22 2010, 09:07 PM) Sam, no idea but if you are selling, then do it FAST better offer then only i'll sell , if not will own stay cause working in ss2 only , sick & tired tracffic jam for more than 10years already
Added on September 23, 2010, 10:50 amQUOTE(Pai @ Sep 22 2010, 09:07 PM) Sam, no idea but if you are selling, then do it FAST why FAST ? 499,999 resonable ? This post has been edited by samngcheesan: Sep 23 2010, 10:50 AM |
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Pai
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Sep 23 2010, 06:26 PM
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QUOTE(samngcheesan @ Sep 22 2010, 09:20 PM) why FAST ? 499,999 resonable ? There's a possibility that current asking prices in Tropics could drop......... as there r 3 factors that could go against Tropics in the near future.........  |
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TSsamngcheesan
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Sep 23 2010, 06:28 PM
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QUOTE(Pai @ Sep 23 2010, 06:26 PM) There's a possibility that current asking prices in Tropics could drop......... as there r 3 factors that could go against Tropics in the near future......... 1. ? 2. ? 3. ? |
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Pai
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Sep 23 2010, 06:47 PM
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QUOTE(samngcheesan @ Sep 23 2010, 06:28 PM) 3 reasons why I think Tropics price might drop in short term : 1. That empty plot next to it, once contruction starts the noise and dust will not be good fro Tropics. When Tropicana Mall was constructed, they worked even on weekends n caused Casa Damansara 1 prices to fall by 20%. 2. Strict tenancy restrictions that will prohibit high paying tenants from renting in Tropics. 3. Impending BNM capping news will further limit the already small investor pool as now investors needs to fork out at least 70k-80k in d/p alone. Anyhow I've been wrong before when it comes to Tropics so hopefully things wont be as bad as I anticipated. Cheers. |
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yoki
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Sep 23 2010, 07:08 PM
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to those who got the unit, before 2009, congrats, on the huge gain...and bro pai and others thanks for sharing
actually anyone who bought property before 2009 gain alot, those who have few units of property are the winners
for me, i got one unit, sold mine, make some gain, but notice that, all others all increase, and end up i m not so much better off...
i have to spend more to buy something which is relatively cheaper earlier on
+1 -1 =0
the test will come when LTV% decrease, hopefully there is some correction, then I can buy some good value props
another 10% of cash to plow down is no joke...
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Pai
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Sep 24 2010, 01:23 PM
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QUOTE(yoki @ Sep 23 2010, 07:08 PM) for me, i got one unit, sold mine, make some gain, but notice that, all others all increase, and end up i m not so much better off... i have to spend more to buy something which is relatively cheaper earlier on the test will come when LTV% decrease, hopefully there is some correction, then I can buy some good value props another 10% of cash to plow down is no joke... Yoki, once decision is made no point looking back. One bird in hand is better than 2 birds in the bush. One can never be 100% accurate on timing the market If 70% LTV happens.........................can always go in and buy back in Tropics ............. |
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TSsamngcheesan
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Sep 27 2010, 12:00 PM
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QUOTE(Pai @ Sep 23 2010, 06:47 PM) 3 reasons why I think Tropics price might drop in short term : 1. That empty plot next to it, once contruction starts the noise and dust will not be good fro Tropics. When Tropicana Mall was constructed, they worked even on weekends n caused Casa Damansara 1 prices to fall by 20%. 2. Strict tenancy restrictions that will prohibit high paying tenants from renting in Tropics. 3. Impending BNM capping news will further limit the already small investor pool as now investors needs to fork out at least 70k-80k in d/p alone. Anyhow I've been wrong before when it comes to Tropics so hopefully things wont be as bad as I anticipated. Cheers. Then I need to quick quick let go before too It late |
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JamesPond
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Sep 27 2010, 01:07 PM
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how much you earn if you sell?
100% profit? if yes, go ahead...why think?
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icez
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Sep 27 2010, 01:17 PM
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I continue to strugle with the size of the units, especially the 625sqf ones. They are too small even for students.
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JamesPond
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Sep 27 2010, 01:41 PM
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625 is too small? cant sell?
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TSsamngcheesan
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Sep 30 2010, 12:04 AM
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QUOTE(JamesPond @ Sep 27 2010, 01:41 PM) 625 is too small? cant sell? 625 very the small , if father mother uncle Aunty come then we have to 逼巴士Kuih kapit already  |
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JamesPond
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Oct 5 2010, 10:11 PM
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625sq not for family usually couple is the max.
+ 1 more baby also cannot..too small
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TSsamngcheesan
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Oct 5 2010, 10:23 PM
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QUOTE(JamesPond @ Oct 5 2010, 10:11 PM) 625sq not for family usually couple is the max. + 1 more baby also cannot..too small baby still ok , if baby become big baby teenage then not suit liao , need to kuasa to the big baby then the couple need to move out to bungolo  anyway , manage to take a night shot , not as nice as KLCC view  This post has been edited by samngcheesan: Oct 5 2010, 10:23 PM |
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groggy
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Oct 5 2010, 10:30 PM
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Getting Started
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QUOTE(Pai @ Sep 24 2010, 01:23 PM) Yoki, once decision is made no point looking back. One bird in hand is better than 2 birds in the bush. One can never be 100% accurate on timing the market If 70% LTV happens.........................can always go in and buy back in Tropics ............. If 70% LTV happens, then other properties still holding will drop also, still got mood to sapu Tropics back?  |
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cranx
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Oct 6 2010, 02:05 AM
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QUOTE(samngcheesan @ Oct 5 2010, 10:23 PM) baby still ok , if baby become big baby teenage then not suit liao , need to kuasa to the big baby then the couple need to move out to bungolo anyway , manage to take a night shot , not as nice as KLCC view any shots of the interior? bath room, living room, bedrooms etc.  |
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JamesPond
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Oct 6 2010, 11:29 AM
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3 pax in 600sq..........wa.......i cant imagine the privacy...
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wobushisuperman
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Oct 6 2010, 11:55 AM
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New Member
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no privacy all see thru haha
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TSsamngcheesan
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Oct 7 2010, 08:32 PM
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QUOTE(wobushisuperman @ Oct 6 2010, 11:55 AM) no privacy all see thru haha Both room Got door one bro , where can see thru |
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