V Residence @ Sunway Velocity

I Have to salute to Sunway ! Respect their confident to their own project :)

- 900sf++ Condo, selling at RM900psf, come with one car park, translated to around RM800k++
- 1500sf++ Condo, selling at RM800psf, come with also one car park, translated to around RM1.2m++

Location...aiii..how to say. Yes, is near KLCC, but the surrounding.....dunno how to say, "complicated". It really need mega project to transform this area to make it have the RM800psf feel..... I think even some Mont Kiara property also haven't reach RM800sf... :)

One more thing, the condo design, by looking at the scale down model I already few pack, and surrounded by building...so i guess all your view is close building view :D

I Can't Accept Lor...

Every week there are new properties launch, especially this year. Ah Tom, Ah Dick and Ah Harry also rush to launch new project......

Lot of these new launching are selling at price that I never imagine before. I don't know why the developer set the price at this level and what made them so confident of their property, but this is the reality now:

- Mah Sing Icon City (Sg Way) 700sf++ SOVO selling for RM600k
- See Hoy Chan Seringin Residences (OUG) 1500sf++ condo selling at RM650k onwards
- Akisama 288 Residences (Kuchai Lama) 1400sf++ condo selling at RM600k
- Sunway Velocity V Residence (Jln Peel) 900sf++ condo selling at RM880k

Personally, I still cannot accept the fact I need to pay such price to buy such property at such location. But don't be surprise there are quite a number of people stand opposite me, and willing to pay such price buying such property at such location.

There are only two choices:

Choice 1: Accept the fact, this is the market price now and we are at era that RM 1 mil can only buy you a landed double storey. So better start stock up before the price go higher...

Choice 2: Keep saying the price is crazy, wait for the market to cool down and hope the price will reduce to the level you think acceptable then only shoot your bullet...

What say you?

No danger in Bukit OUG...

THE developer of a housing project in Bukit OUG, which has come under fire from nearby residents has denied withholding information or disregarding safety measures.

Trinity Group managing director Datuk Neoh Soo Keat said the claims by residents of Bukit OUG Condominium were unfounded.

“There is no danger to the environment or to the surrounding area due to our development of Z Residence project,” he said.

Neoh also announced that Trinity Group would build a 800m road from PPR Kampung Muhibbah to Bukit Jalil Highway.

“It will cost us about RM3mil to provide the missing link. This is about a kilometre away from our project. But we are doing this so that residents in the area can also benefit,” he said.

No danger in Bukit OUG - StarProperty.my

India's Tata group to sell $700 flat-pack house

This company really "geng", first cheapest car, now cheapest house with 20 years life span...

The Indian company that launched the world's cheapest car has unveiled its latest product for the fast-growing nation: a flat-pack house that costs just $700 and can be built in a week.

The Tata group, maker of the $2,500 Nano car, said that the 20-square-metre (215-square-foot) home comes from a pre-fabricated kit that includes doors, windows and a roof.

"The basic model of a so-called "Nano" house will cost 32,000 rupees ($720) and will use coconut fibre or jute for wall cladding and interiors.

It has a life expectancy of 20 years.


India's Tata group to sell $700 flat-pack house - StarProperty.my

So Many Launching ...

Recently there are so many launching, I have jot it down in my note as to visit list, really have to squeeze my schedule to visit them one by one....

1. X2 Residences @ Puchong (http://www.x2residences.com/)
2. Millenia @ Puchong (http://millenniacity.com/)
3. The Green @ Taman Tun (http://www.bellworth.com.my/)
4. Akisama Kuchai Lama Project (http://www.akisama.com.my/)
5. 360 Designer Suite @ Serdang (http://ivonlai.blogspot.com/2011/07/univ-360-place-designer-suites-sri.html)

For those who have visited the projects, please do share your view here ....

How Does It Sound Like Living Next to Construction Site?

I capture this video at 6:45pm. This is the sound the residence face everyday until 8pm, except Sunday for around 2-3 years period.

Remember to turn on your computer volume...

New Project at Kuchai Lama

Received SMS below today:

Akisama have apartment units at Kuchai Lama wanted to sale in November. Location next to Desa Gembira Condo. Now booking RM20k, Free SPA & Loan Legal Fee, have 2 Car Parks, 3 units Air Cond, 3 Built In Warddrobe, 3 Water Heaters, Shower Screen for Bathroom, Built In Kitchen Cabinet, Free Maintenance Fee for 2 Years. 1438sf, have 288 units, price RM400psf.

http://www.akisama.com.my/index.php

Interesting Article: Underwater Home

After we purchased our new home in 2005, we spent the first year stunned by the $68,000 increase in the house's value. Little did we know that in just six short years the value would turn the other direction. Our house value has since slid an almost identical, but negative, $70,000.

Even though we owe more money on our mortgage than our house is now worth, we have discovered a positive side to plummeting house values that include a huge reduction in our property tax bill.

(I am thinking, if I am the home owner, should I sell the house or hold it? If I sell it, I have no more house but still owe bank money. Maybe I shall keep it and close two eye to pay the installment every month.)

According to Zillow.com, half of homeowners who purchased their home in 2006 owe more than their home is currently worth. For people like us who purchased in 2005, the percentage underwater of people who are underwater in their homes is 42 percent.

http://finance.yahoo.com/news/First-Person-Why-We-Pumped-ac-1929272088.html?x=0

SOVO @ Icon City

Dear Valued Registrants,

It is our pleasure to extend you this invitation to the Special Preview of i-SOVO duplex suites (exclusively for registrants only) on:-

Date : 16th July 2011


Time : 2pm – 6pm


Venue : Icon City Sales Gallery, SS8, Petaling Jaya (The site of former Matsushita factory, opposite to


Western Digital)

Please bring along your cheque to book your choice unit(s).

You’re also invited to our grand opening of Icon City Sales Gallery and i-SOVO’s sales launch on 17th July 2011. Please find below the more details of the event programme:-

Programme :

9.45am Arrival of Guest and Registration

10.28am Official Opening of Icon City Sales Gallery

- Launch gimmick with ribbon cutting

- Lion dance performance

10.50am Exclusive Performance by World Famous Malaysian Violinist Ms Joanne Yeoh

12.00pm Buffet Lunch

1.00pm Strings Quartet Performance

1.35pm Performance by Ben & Ice “All That Jazz”

2.30pm Magic Show Performance

3.10pm Belly Dancing Performance

3.45pm Children’s Bumper Boat Rides, Face Paintings, Clown Give Away Balloon Sculptures and

many more

6.00pm The end


We look forward to your presence with us.

http://wickinv.blogspot.com/2011/04/icon-city.html

Papillon @ Taman Desa

I was "attracted" by this condo whenever I pass by Old Klang Road, told myself this is a must visit condo. The building outlook very clean, and "standing out" compare to the other condo at this area. In fact, it can be consider as most luxury condo at Taman Desa, on par with 1 Desa Residence.

This project was launch about three years ago, I was there during the launching. I did not buy it that time as I feel the developer over price it. This condo completed and VP recently and you can see quite a number of units were put on sale in the market. I manage to the property recently. Quite impression with the building exterior, however all the positive impression gone after I view the actual unit...

The property is currently selling at between rm500-600psf, which translated to about RM700k++ for 1300sf++, and RM1 mil for 1700sf++ unit. However I don't feel this property worth this much after seeing the actual unit. Overall the living area and kitchen area quite ok, but quite dissapointed after seeing the bedroom. All the bedrooms including the master room is pathetically small. The bath tub provided only can fit in "dwaft". No attached bathroom for the bedrooms for this million dollar condo except the masterroom. While ceiling height is very standard, not the 10ft height as I thought it will be. Overall you could have better choice with this type of price, I feel....