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 【◆】TROPICS @ Tropicana City Mall Near PJ SS2【◆】, anyone here LYN bought this also ?

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Pai
post Aug 13 2010, 10:39 AM

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Guys,

Im exploring to engage an ID firm to do up my unit fully fitted. Am working strictly under a limited budget of maximum RM30k, and was told they could deliver under this small budget.

Anyone else keen to do a group buy on this? Email me at Aizucorp@gmail.com if you are keen? Cheers wink.gif


TSsamngcheesan
post Aug 13 2010, 10:40 AM

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QUOTE(Pai @ Aug 13 2010, 10:39 AM)
Guys,

Im exploring to engage an ID firm to do up my unit fully fitted. Am working strictly under a limited budget of maximum RM30k, and was told they could deliver under this small budget.

Anyone else keen to do a group buy on this? Email me at Aizucorp@gmail.com if you are keen? Cheers wink.gif
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count me in Pai , email me at ss2@121.com.my
TokyoBoy
post Aug 15 2010, 03:42 PM

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QUOTE(samngcheesan @ Aug 13 2010, 10:40 AM)
count me in Pai , email me at ss2@121.com.my
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This prop really gave me a big smile biggrin.gif to me when I visited the GSC there last weekend..
I still remember 3 years ago when I went to the show room w other 2 friends there.. it was only 185++k..somemore dunno GSC will be a tenant there!
damn lot unit of choices available .. free air conds + 10k rebate..625 for studio and not a bad design as my friend told me that they manage to have one small room [study room/single bed room] for a studio...but some of my friends commented that it is expensive for studio and very jam at that area... blush.gif
LOL...but now my friends told me that I am so lucky... LOL human is always human... tongue.gif
initially it is for my own stay..but now not sure anymore..the appreciation profit too tempting... and the rental yield is good too if managed to lease it out..

TSsamngcheesan
post Aug 16 2010, 12:31 PM

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QUOTE(TokyoBoy @ Aug 15 2010, 03:42 PM)
This prop really gave me a big smile biggrin.gif  to me when I visited the GSC there last weekend..
I still remember 3 years ago when I went to the show room w other 2 friends there.. it was only 185++k..somemore dunno GSC will be a tenant there!
damn lot unit of choices available .. free air conds + 10k rebate..625 for studio and not a bad design as my friend told me that they manage to have one small room [study room/single bed room] for a studio...but some of my friends commented that it is expensive for studio and very jam at that area... blush.gif
LOL...but now my friends told me that I am so lucky... LOL human is always human... tongue.gif
initially it is for my own stay..but now not sure anymore..the appreciation profit too tempting... and the rental yield is good too if managed to lease it out..
*
rclxm9.gif icon_idea.gif thumbup.gif rclxms.gif icon_rolleyes.gif this is all i can say


Amber7
post Sep 1 2010, 01:01 AM

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I'm looking to buy a 625 sq ft unit..facing DU side..
Anyone here wana sell? hehe..
TSsamngcheesan
post Sep 1 2010, 01:52 PM

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QUOTE(Amber7 @ Sep 1 2010, 01:01 AM)
I'm looking to buy a 625 sq ft unit..facing DU side..
Anyone here wana sell? hehe..
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TROPICS Service Apartment for Sale but please hold your breath , don't shock after u see the price


Added on September 4, 2010, 1:42 pmPai I'm here in tropics nearly 30 minutes already
Am I missed something here ?

This post has been edited by samngcheesan: Sep 4 2010, 01:42 PM
philipp
post Sep 6 2010, 10:43 AM

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Selling mine at 360K nego...12th floor facing DU
call 012 6599382
TSsamngcheesan
post Sep 9 2010, 11:58 AM

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QUOTE(philipp @ Sep 6 2010, 10:43 AM)
Selling mine at 360K nego...12th floor facing DU
call 012 6599382
*
good price u have there , DU is block A or B ?
icez
post Sep 9 2010, 01:01 PM

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If anyone has a 675sqft, PM me!
TSsamngcheesan
post Sep 10 2010, 08:24 AM

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QUOTE(icez @ Sep 9 2010, 01:01 PM)
If anyone has a 675sqft, PM me!
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Check stars newspaper
lowyat888
post Sep 10 2010, 12:44 PM

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the selling price is too expensive already for an empty/ kosong condo with that size. after renovation and fully furnish, the condo is very costly and rental wise is not justify and will not fetch good rental price and low

feng shui is not good and the feeling is weird when going into the condo. when the evening sunshine at the office block and behind the condo facing the office , very hot indeed, need a thick curtain to block off the sun. specially tailor made curtain.

how much is the monthly maintenance, sinking fund, fire insurance, acessment, cukai pintu etc? utilities bill is under commercial rate due to service apartment

how much is the rental price for fully furnish or non furnish?

market price is just a figurative amount/guideline provided , the seller sells it is another thing. talk of how much how much, just talking but cannot sell whats the point.

do encounter alot of agent talk alot of properties wanted and got buyer, but when the seller wants to sell , it takes them months or years even also cannot sell and then talk another thing/excuse. market price mah, and then lower selling price/feng shui no good/ alot other choices/unit to sell, better one etc. talking of not selling expensive price just market price and below even also like that. agent alot just dont care what they sell, just want commision and go to the next one. alot of manupulation by the property agent here and there jacking up price, saying alot of buyers waiting/queuing to buy etc. talk alot but no action

dont think is easy to rent, unless very cheap rental. have alot of hidden cost and followup as well as hidden process, agent fee, advertising fees, any appointment for viewing by potential tenant (have to go with agent and the tenant to view bcos the properties keys is with the owner, very troublesome), time consuming. wear and tear/paint worn off/dirty/ maid to wash the place(curtain/bed sheet etc) the property/lighting/equipment spoilt for repair/air condition service/water heater, leaking etc for the next tenant to view. some tenant very fuzzy, dont like the renovation, different taste etc alot of requirement replace new door lock after each tenant leave etc.

the process of sell/ buying a property takes aleast 4-6 months to settle everything, agent already takes the commision and run off to another deal. some even dont followup already

property market is too liquidation and not own $$ floating around whereby buyer still serving loan for years to come. one passing to another (flip flop). fully settle house/condo the % is minimum. bank still owns the property. how fast can the buyer settle the loan 5years- 50 years etc? the longer the loan serve the better bcos the bank earn more interest with such a huge amt of loan serving. the bank is laughing behind already monthly indirect income or in order words, properties buyers is paying the bank salary/working indirectly for the bank for many years to come. Hard earn $$ wont simply buy things, only easy come easy go $$.

eg. loan rm300k interest average 4%, interest alone yearly rm12k, salary average rm3k, 1k serving housing interest only every month. remember compounding interest and the principal loan have not touch and by just taking 4% interest rate whereby base lending is 6% above and increasing. 1 year interest is rm12k, 10 years interest is rm120k, the longer it serve the loan, the happier the bank is. 30 years interest , the bank have a free house/condo, even 10 years loan interest the bank already have a low cost apartment indirectly. just imagine so many borrower. fatt leh

anything that is sold can only consider profit (just like share market, say price can go to how much etc, but it also can drop back) anything not sold also cannot say is profit yet. property market is the same, property market price how much etc talk only, if cannot sell, have to service the heavy loan interest and other hidden cost monthly.

if really calculate selling property is just a force saving, unless a new property can quickly flip flop else in the long run not much. the loan interest kills the buyer with such a huge amt of loan.

rental is just helping the owners loosen the loan abit but if the owner dont fork out more $$ to payup the loan is also no point in the long run. majority of the rental $$ , Have to save for upkeep/ wear n tear and refurbished the place later on and partial is for maintenance/sinking/insurance/acessment fee/ bad tenant run away/ not paying utilities bills etc.

This post has been edited by lowyat888: Sep 11 2010, 01:07 PM
cranx
post Sep 10 2010, 01:57 PM

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QUOTE(lowyat888 @ Sep 10 2010, 12:44 PM)
the selling price is too expensive already for an empty/ kosong condo with that size.  after renovation and fully furnish, the condo is very costly and rental wise is not justify and will not fetch good rental price and low

feng shui is not good and the feeling is weird when going into the condo.

how much is the monthly maintenance, sinking fund, fire insurance,acessment, cukai pintu etc? utilities bill is under commercial rate due to service apartment

how much is the rental price for fully furnish or  non furnish?
*
I believe it could fetch RM1500 above for rental. and I do agree with you the listing price is too expensive. tongue.gif
lowyat888
post Sep 10 2010, 02:22 PM

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for fully furnish or not furnish rm1500 is abit expensive for such a small place. if not furnish nobody will buy furniture and equipment/lightings etc to rent a condo. expatriate dont do that but anyway the place is not expatriate area.

if local can manage to rent Rm1500 each, why dont they buy a place for themselves and use Rm1500k to pay for monthly installment rather than renting. talking about company paying, majority high ranking executives wont be staying/renting such a small place right.

it needs interior designer to renovate such a small place bcos of the size place. tailor made furniture, kitchen place, bedroom etc. alot of hidden cost if need to rent higher price.

tropics is consider apartment not condo bcos condos do normally have walkout balcony whereas tropics dont just a railing but cannot walkout to the balcony is it?

This post has been edited by lowyat888: Sep 11 2010, 01:22 PM
blurspice
post Sep 11 2010, 04:29 PM

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hello.

This post has been edited by blurspice: Jan 6 2012, 03:26 PM
*y_tat
post Sep 13 2010, 03:20 PM

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QUOTE(philipp @ Sep 6 2010, 10:43 AM)
Selling mine at 360K nego...12th floor facing DU
call 012 6599382
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unit sold or still available?
plz advise.
philipp
post Sep 13 2010, 04:29 PM

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Unit already sold...
cranx
post Sep 21 2010, 01:20 PM

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http://forum.lowyat.net/topic/1352618

is this serious or just a bid to push up the average price of this condo ?

more than RM1k psf...???? laugh.gif
Wan2Sell
post Sep 22 2010, 07:49 AM

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My friend bought this place in 2006 for RM204k. On one of the top floors. Sold the 625 sqft unit for RM385k last Saturday 18 Sept. Exactly 2 weeks after collecting keys! Sweet & excellent deal!


Added on September 22, 2010, 7:52 am
QUOTE(Pai @ Apr 2 2008, 02:51 PM)
Sam,

Think u'll need to wait very long before u can sell it off at anything above 250k (which actually just barely break even).

I cant really recommend anyting else until I know what is your investment goals are and your risk appetite. Good luck smile.gif
*
smile.gif Sold it for RM385k after paying purchase price of only RM204k. In addition, Di Jaya compensated with an additional RM16k for late delivery of VP rclxms.gif

This post has been edited by Wan2Sell: Sep 22 2010, 08:02 AM
TSsamngcheesan
post Sep 22 2010, 11:23 AM

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QUOTE(Wan2Sell @ Sep 22 2010, 07:49 AM)
My friend bought this place in 2006 for RM204k. On one of the top floors. Sold the 625 sqft unit for RM385k last Saturday 18 Sept. Exactly 2 weeks after collecting keys! Sweet & excellent deal!


Added on September 22, 2010, 7:52 am

smile.gif  Sold it for RM385k after paying purchase price of only RM204k. In addition, Di Jaya compensated with an additional RM16k for late delivery of VP  rclxms.gif
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http://www.myrealestate.com.my/viewtopic.php?t=12813
OMG , lagi sikit Pai gonna chop something
Pai
post Sep 22 2010, 08:44 PM

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QUOTE(Wan2Sell @ Sep 22 2010, 07:49 AM)
My friend bought this place in 2006 for RM204k. On one of the top floors. Sold the 625 sqft unit for RM385k last Saturday 18 Sept. Exactly 2 weeks after collecting keys! Sweet & excellent deal!


Added on September 22, 2010, 7:52 am

smile.gif  Sold it for RM385k after paying purchase price of only RM204k. In addition, Di Jaya compensated with an additional RM16k for late delivery of VP  rclxms.gif
*
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................. wink.gif


Added on September 22, 2010, 8:46 pm
QUOTE(samngcheesan @ Sep 22 2010, 11:23 AM)
http://www.myrealestate.com.my/viewtopic.php?t=12813
OMG , lagi sikit Pai gonna chop something
*
Actually, the pool facing 625sqf units are already asking 410k........... so Tazo might need to go hiding for quite some time..... tongue.gif

This post has been edited by Pai: Sep 22 2010, 08:46 PM

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