What is the take up rate right now?? How many units left?

I am interested to get one for investment purpose. I am not sure whether there is any nice unit left by the time I come back from overseas end of this month

Hi Everyone,

I just visited Zest residence today. The take up rate for KL view is almost full. I think left the bottom few levels.


I heard from the sales people, they are expecting a 25% of increase in the property value once the project is completed. Personally, I think it is a attractive place with the following reasons :

1) The prices is very attractive comparatively to Setiawalk and Zen which is around that area.
2) If the proposed LRT is confirmed as what have explained, then there will be more appreciation chances.

However, there are also some cons in purchasing property at this time.

1) The road in front of Zest is already badly congested during the peak hours. With new housing areas like Alam Sutera and Zest completed in the future, what will happen?
2) Is this developer trustworthy or I would say will they able to complete this project? This developer is not as famous as developers like SP Setia. SW is a more secured investment in this sense.
3) Is Kinrara area such a hot place where the demand is high? There are not much commercial areas like in Puchong, Hartamas.
.4) Are we buying this property at the right time since in the newspaper, there are so many pages of condo auctions everywhere?

Oops, it seems that cons is more than pros? Anyone here can help to justify the purchasing of Zest? I know there are alot of buyers in this forum right now.

I am quite interested in getting this unit however, my dad has an opposite opinions. Now I am so confused I am worried if I purchase a unit there will become a bad investment in the future although investment basically is a risk to take. No risk no gain haha.

Thank you for your feedback.

At the same time, the sales girl mentioned the proposed LRT station is already approved and confirmed. I doubt so as I did not read any articles in the newspaper.

As I am buying this property for investment only, I am just wondering this developer is trustworthy or not. Just afraid the project is just abandoned. Then the buyers will be in big trouble. On top of that the economic recession has just begun. It is still not sure whether our country economic is able to sail through safely or not.

But as you say, SP Setia is a branded property, hence you pay for the price.

Anyone out there to provide their 2 cents worth?? I have to make up my mind quickly since the units are snapping out like hot cakes.

Hi,

If the loan is not approved, I was told that the booking fees is refundable. However, this is just sales talk. Anyone here who knows someone's booking fees is refunded due to loan disapproved. If is refundable, we just need to show them the letter from the bank, am I right?

So if let say I am not interested in the property and would want to cancel the booking and I have not signed the S&P, am I entitled for the refund?

I was at the office today and yes the block B is launched. A few units are taken up. Early bird discount RM2888?? I was not informed End of this week means today

Yeah I finally make up my mind to book a unit at Tower B facing Pool view just now. Yupe there is a RM2888 discount for early bird.

But compared to Block C, my unit price is higher by 15K

Yeah it seems that I am the 1st one getting a unit in block B here. But it comes with a price haha

Hey Eugene, I heard that you are working in TPM, are you?

I am planning to buy it for investment, that's why I say it comes with a price. I got the unit facing pool view at 10th floor. Hopefully, this project will turn out well. In fact I am taking quite a big gamble, hoping the commercial lots and retail shops are able to be successful. The concept is nice and attractive, a smaller scale of Setia Walk, but the price is affordable.

Yeah I have booked one unit in block B but I have not signed the S&P yet. Will sign it when I am back from overseas

How come no one join me in Block B???

Anyone has visited the sales office lately? How is the sales for block B?

Does anyone know about the company who bought the tower A for Korean? I believe if there is really a company which has bought over the whole tower, the developer will sure advertise to boost the local buyers' confidence. Just like Savanna Bukit Jalil Condo, they advertised it in the newspaper. a bit fishy... maybe is just sales talk, I suppose

I am the lone ranger in Block B

Yeah I am working in TPM as well.

I think it is better to use the conventional method unless you cook very often at home. If I am not wrong, you have to pay a minimum fees for the gas pipe regardless you use it or not. For those who do not cook often like me , I prefer to use the conventional method though it is troublesome

Are you sure that PBB lock in period is 5 years from full installment? In fact, my information is the opposite, RHB is 6 years from the full installment (3+6). That is weird.

I think the Block A sold to Korean company is a sales tactic. Last weekend I was there to sign my S&P. I asked one of the sales rep and I got the answer that the Block A will be opened for sales but for higher price. However, later I was informed by another sales rep that the Block A is sold to Korean company.

Their statements are not consistent. I think they are planning to wait for the block B to be around 80-90% sold then open up the block A.

Actually I am quite skeptical about the LRT thingy. I passed by the highway but I do not see sufficient land to build a LRT station. If they build it in the middle of the highway, where is the carparks going to be located. Both side of the highway? This wil cause serious jam in the future, isn't it? I am not an engineer guy, so basically I cant picture the LRT station location.

Hi citron,

You are right. Sometimes, I am wondering whether it is a wise decision to purchase the Zest residential unit or not. But it is too late to think about it now since I have signed the S&P. I can only keep my finger crossing that this project will turn out to be successful.

If LRT materialize, at least we have a wider scope of potential buyers/tenants especially students. APITT and TPM are just nearby. But I hope that something will be done on the highway like probably widen the road to 3 lanes to ease the jam. If not, I cannot imagine the jam in the future.

Hi citron,

Why aren't the flats fully occupied? The location is quite good. In fact they have a good view of the golf course. The landed properties in BK9 are quite well designed, isn't it?

Hmmm, I am wondering what will be the reason for that? Hopefully the Zest will bring out a total new image of BK

I heard from the sales rep should be around middle/end July. That is why they are asking me to finalized my loan application. The loan application procedure can take a few weeks... too many red taps I think.