Friday, June 25, 2010

Amaya KL by Malton

Amaya KL @ Taman Maluri Cheras - Wing-B SOLD OUT within 2 days pre-launch !

This is unofficial launch from the developer, all still at planning stage. The developer throw in quite attractive offer:

DIBS - Developer Bear Interest During Construction!
20k Discount ! ==> Wah, low entry cost.

Other Plus Point
Walking Distance to to Star LRT (~10-15 mins).
Next to Jaya Jusco.
Well Known Developer - Malton.

As mentioned, this is still "not yet" launch product, therefore information available still very sketchy...

Heard is
- Leasehold property
- Commercial land, 2.7 acres only
- About 399 units service apartments
- ~50 units of 2 level shop at the ground floor
- Car park included? dunno ...
- Partly Furnish ?? ==> NO MORE ....
- Target completion date??? dunno... 3 years from now gua...
- What facilities included???? dunno
- Wing A have nice view - KLCC, but not launch yet
- Wing B facing high tension cable OR telco tower OR sunset, you choose lar
- Will have 5 lifts serving both Wing A and B
- 16 units per floor for Wing A, and another 16 units per floor for Wing B...so many...

3 types of layout
~ 1 room studio - 719 sf
~ 2 room apartment - 920 sf
~ 2 room apartment - 1127 sf

Price
- Lowever unit at RM310k++ onwards for 719sf units
- Lowever unit at RM350k++ onwards for 920sf units
- Lowever unit at RM430k++ onwards for 1127sf units

==> Don't hope, all lower floor sapu by well connected people. Left those high floor, which each floor is about RM5k different... Darn, have to fork out extra RM50k to get a unit at high floor, is it worth?
==> For left over high floor unit, price at RM 430psf for 920sf, crazy mer, cheras area also selling at this price..
==> RM380k loan for 30 years tenure also need installment about RM2000 per month, plus maintenance fee, can 2 rooms unit rent at RM2300 per month??? This is like Mont Kiara rental lor.

TODO: Do some calculation to get figure below...
- To break even after 3 years, need to ...
- To get captial apprecition profit, need to ...
==> Please refer to this posting

Benchmark against
- Pertama Residence. Launch @ 190k, now subsales at 250k++ for studio unit
- Sunway Velocity. Heard is not cheaper than Amaya...
TODO: Let me research more on this and update this section ater

Con
- Nearby high tension cable..
- All still planning stage, what will be deliver still unknown...
- Surrounded with old types of shop houses....



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