1. How much can a F/F Zest 3 bedroom unit could be rented in 3 years time?

2. How much can you sell it off after 5 years?

3. Current competition from existing condo's, how many of them and how are they doing at the moment?

4. What is your view of Puchong in 5 & 10 years time?

my god.. just now only say havent received S&P.. now email got already/.

Since no one has answered the above question, lemme get the ball rolling :

1. 1.5k to 2.5k per month. 

2. My target price is RM350,000 for the smallest unit. 

3. Only Savanna and the upcoming Setia Walk, and these condo's wont come cheap.

4. As vibrant as Damansara today.

Maxsimax.. have you gone thru the "carpark" section?? does the 2 carparks comes together with the unit or there is any clause stating it has to be purchased saparately??

It stated 2 lots number there...think its a 2 carpark space. However, it's charging RM25000 for it..wondering if its the 10% of the purchase price or additional amount that we had to pay?

Ok... I got it clear right now.. Say if your purchase price is RM240k (after 3888 discount), if you look at your SPA, the amount is RM215k, carpark SPA is RM25k which total up is RM240k.. They saparate the agreement so that owner have to sell the unit together with the carpark together, carpark is not transferable and cannot be sold saparately..

Well, Tee n Teoh is using the standard SPA under the Housing Development Act, means we are protected under HDA. Developer is suppose to complete the project in 36 months which is a common practise by other condos and apartments.. Good news for that..

Just to note about the carpark allocation. I was shocked for awhile when I saw the carpark plan in the agreement is in tandem.. I told the staff that I was promised to have side by side carpark when i did my booking.. They argue that that is the carpark allocated according to the unit that I have purchased.. I insisted that I will not sign the SPA and I want to cancel my booking.. After they had several discussion and phone calls behind the scene, they came back to me and say it is just miscommunication and they had accidentally assigned the "wrong" carpark for me in the agreement.. I was thinking "YA RIGHT" .. At the end, they had changed the carpark for me (level 3 side by side) before i sign the dotted lines.. Ok.. at least the issue is settle..

DONT ACT DUMB... JUST ARGUE WITH THEM IF YOU FOUND ANYTHING WRONG... 

hi guys,

i'm also interested in buying this condo and wondering what price will i be seeing here. do advice... thanks!

I'll take you on for a bet for point number 4, mate 

5 years time - we'll do an independent study to validate that point.  We'll engage a consortium of valuers, surveyors, agents and bankers (not our cronies pls) to assess the viability of Damansara vs. Puchong.  This must also include a demographic and pyschographic analysis.

the stakes - one aircond unit, LCD, kitchen cabinets and a paintjob.  

u on? 

1) Rental : 1.8k to 2.5k..

hi you all..i bought level 11 type B..haha...late of 20s..haha..nice to meet u all.

---

Added on March 7, 2009, 12:42 am

hi gunnerstkd, u sign ur bank loan already?Actually wat the process after signing the offer letter and giving the booking fee? wait for the bank approved and sign it only go to the lawyer firm to sign the S&P documents?can ask the lawyer post to my place and have a look first then only sign?haha...newbie for my first house...thanks for your help.

Ok... I got it clear right now.. Say if your purchase price is RM240k (after 3888 discount), if you look at your SPA, the amount is RM215k, carpark SPA is RM25k which total up is RM240k.. They saparate the agreement so that owner have to sell the unit together with the carpark together, carpark is not transferable and cannot be sold saparately..

Well, Tee n Teoh is using the standard SPA under the Housing Development Act, means we are protected under HDA. Developer is suppose to complete the project in 36 months which is a common practise by other condos and apartments.. Good news for that..

Just to note about the carpark allocation. I was shocked for awhile when I saw the carpark plan in the agreement is in tandem.. I told the staff that I was promised to have side by side carpark when i did my booking.. They argue that that is the carpark allocated according to the unit that I have purchased.. I insisted that I will not sign the SPA and I want to cancel my booking.. After they had several discussion and phone calls behind the scene, they came back to me and say it is just miscommunication and they had accidentally assigned the "wrong" carpark for me in the agreement.. I was thinking "YA RIGHT" .. At the end, they had changed the carpark for me (level 3 side by side) before i sign the dotted lines.. Ok.. at least the issue is settle..

DONT ACT DUMB... JUST ARGUE WITH THEM IF YOU FOUND ANYTHING WRONG... 

hey guys,

I've been following this thread for quite sometimes since i went to the zest sales office at bdr puteri last 2 weeks. Seen like the goddess of luck is standing at the zest side, many good news like lrt, blr drop, 10k for first home purchases?, etc.

Beside the above, wat was really attracted me was the low psf however there are few concern that holding me back.
1) Unknown developer (not famous)
2) High density (720 units = =")
3) Location (the bukit jalil road will be even more congested once the condo built up, it's already damn jam in the morning everyday, with 2 lanes only, if any accident or wat happen, habis la)
4) The salesman, pushing very hard, calling me everyday...(not good to mention the name here)
5) 10% downpayment upon signing s&p (a bit too much for a not so famous developer)
6) have to pay interest during construction(compare to other project which only start paying after the construction end)

So i'm still 50 50 here, cant make the decision.
for those who purchased the zest, i wonder what make you decided to purchase the zest instead of others?

p/s: i planning for own stay.

Thanks, Eugene...However, I still cant find that clause about carpark being in what tandem and how to know which floor it is?  ....

Is this SPA of mine complete?      Newbie..newbie...

Thanks..

There is a separate set of agreement namely the "supplemental agreement -car park"

it will be stated in the schedule 2 of the said agreement.

As for me, they have emailed me the supplemental agreement. However, under the schedule 2 it is empty and the information of the parking is yet to be inserted. I believe the information relating to the tandem or side by side will be shown there.

Thanks, Heng. Yea..mine is also empty. Tats Y I doubt the email version would be a complete version. Guess, had to head out to the Lawyer's office..or, the developer's office..  

sure, but we need to establish an agreed KPI on what contributes to a "vibrant neighborhood" 

---

Added on March 7, 2009, 5:33 pm
eugene,

think 1.8k its a tad too optimistic given current circumstances. 

However, if the LRT station is really parked in front of the Zest, 2k-3k levels is definitely do-able. Savanna and Seri Maya are great examples