how you guys think of villapark condominium by villamas ?

condo suckssssss

Hoi Lok,
Any bad experience make u think villapark is suck ?

I guess he's probably referring to bad condo management, high maintenance fees, or tenant mix.

Villapark, recently completed and selling well esp after CF.


One of the case:

956sqft, bought at RM170k 2.5 years ago, sold at RM240k last week.
-2 car parks
-3 rooms

Good facilities.

The nearby neighbour, The Sanderson is selling like hot cake also especially for the 900sqft Suite type- Starting price RM310k


http://www.villamas.com/villapark/index.ph...action=overview


This is my observation. Please give me your comment and view

My opinion on this, the layout of the unit looks kinda awkward.
People preferably prefer a straight T or L layouts (more room)..
Villapark looks squar-ish

Very general and subjective opionion, thanks anyway.

Its selling like hot cake. I'm already progressing few loans for some clients and more to come. The price per sqft is touching RM230! Return darn good and with such value, unable to deny it will still have very high chances for future profit.

If u are getting one unit, pls opt for higher floor as you do not want to be "covered" by the Sanderson units.

Yes the price appreciates quite substantially. However i think it is rather to expensive for 230/sq comparing to the Sanderson which is only 280/sq

hehe... believe it or not, i got 3 friends who bought one unit each (all 1 week apart from each other). same size, same blk but different floor.

10Sep10 RM228k@ 956sqft RM238per sqft
22Sep10 RM235k@ 956sqft RM246per sqft
30Sep10 RM245k@ 956sqft RM256per sqft

Wow, already reach 250per sqft. Unless they cheat me on the price. Haha...




Already hit 250 persqft... rocket high...

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Added on October 6, 2010, 6:37 pmYOu must be a banker.... how much u think they can sell in future? u said got high change for return in future...

This post has been edited by Agefactor: Oct 6 2010, 06:37 PM

I'm a mortgage broker. Dealt with a lot banks a valuation firms. Therefore, roughly I know the trend. You see Sanderson launched around 280/ft. Investors who book the unit and resell it back already pushing price to 300/ft.

Just say 3 yrs down the road if property bubble in Malaysia don't burst, real estate agent will convince owner to sell their unit and will proposing 330/ft or 350/ft. This is what happening with Villapark.

If now Villapark being push to 250/ft and owner just gotten keys. After renovation and own stay, do you think the value can increase 10/ft or 20/ft every year? U do the maths. Sanderson go up, surrounding property will up as well. greedy human factor will make a different.

Thanks Wilson for your professional opinion.

look across and find the sanderson...hahaha

Location is not so easily accessible but its only 4.5km from main road.
Dust/sand? you tell me where dont have that? Even dataran prima condo also got construction nearby.

Sanderson is developing and so so so nice! my friend like sanderson so much....!!! but all sold out..... so he is looking for unit in villapark.

still not yet started la the construction
tel yr fren to get a unit as high as possible

cz the sanderson base and car park is already villa park's6-7th floor.

Maybe those lower floor could be affected but still some distance. even without the construction, level 3-4 could be affected by the link road to TSandersons.

this is soo correct
planning to get one also
anyone has gotten and what's d price so far
for 990, 11xx and 14xx?

thanks

There is no 990 but 956 only
Not sure about other sizes but one friend just bought 956 at block b 13 floor, jungle view 2 car parks for Rm 245k. He said that unit is very nice because not so hot and very beautiful view.

did he manage to get any discount? he got it from the owner or agent?
planning to get one but worries about the 10% downpayment as i nd to dig it out from my epf and loan and snp fees
mind telling how much has he spent for all these?

thanks

Through agent, no discount. He have to pay 2% asap as there are other interested buyer also during that time.
No worries unless this is your 3rd property. The valuation price at this place is easily RM235-240k.... if you loan 70% then u may have to fork out 72k which is quite a lot as for now.... I think the bank cannot go beyond RM240k for valuation... but to find cheap bargain this place is quite hard already..