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Daryl Teo
Renesial Leong
Joined: 21 Dec 2007
Posts: 842
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 Posted: Sat Jan 17, 2009 2:00 pm Post subject: |
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| Pai wrote: | hm, the thing is past performance doesnt always equate to future delivery 
Think I'll skip this one for now, rookie developer and current downturn combo doesnt sound safe to me  |
Exactly my sentiments too. 
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Buy land cos they don't make it anymore - Mark Twain |
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brutus1
Renesial Leong
Joined: 25 Jun 2008
Posts: 1102
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linustw
Ng Teng Fong
Joined: 17 Oct 2006
Posts: 7982
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| Posted: Thu Jan 22, 2009 7:44 am Post subject: |
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| yup, read this but very no-committal. rather surprise! |
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brutus1
Renesial Leong
Joined: 25 Jun 2008
Posts: 1102
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| Posted: Thu Jan 22, 2009 9:05 am Post subject: |
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what we discussed here is more than what was reviewed.  |
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Fernando Alonso F1 Champ
Donald Trump
Joined: 10 Oct 2007
Posts: 13475
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| Posted: Thu Jan 22, 2009 9:12 am Post subject: |
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...btw, hows the sales performance of this Zest Residence, i would expect at these pricing levels, sold out already or close to sold out ???....
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"Dont change lifestyle! Change Government!!"
I mean Change the Barisan Najis govt !!!!! Dont get it wrong ! |
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linustw
Ng Teng Fong
Joined: 17 Oct 2006
Posts: 7982
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| Posted: Thu Jan 22, 2009 9:59 am Post subject: |
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F1, at this trying time, when developer set the price below market, people will say " true or not, must be Low For", "developer's desperate".
When price it higher, people will say "crazy meh, PewChong property only nia", "recession already, the developer is still in dreamland".
You tell me, who is willing to put an orange sticker? 
Brutus visits their office very often, he should know (put you on table, Brutus!  ).
When will the show unit ready? |
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Fernando Alonso F1 Champ
Donald Trump
Joined: 10 Oct 2007
Posts: 13475
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| Posted: Thu Jan 22, 2009 10:01 am Post subject: |
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brutus, u visit their office v often for what ???......
got lenglui there izit ???............... 
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"Dont change lifestyle! Change Government!!"
I mean Change the Barisan Najis govt !!!!! Dont get it wrong ! |
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brutus1
Renesial Leong
Joined: 25 Jun 2008
Posts: 1102
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| Posted: Thu Jan 22, 2009 12:03 pm Post subject: |
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| linustw wrote: |
Brutus visits their office very often, he should know (put you on table, Brutus! ). |
got meh??
i think seanlam should know better. i have not been to the sales office for the last 2 weeks. last i saw was 16th-19th floor was fully sold to a single buyer, thats 48 unit.
3 unit of the studio apartment is taken up and some odd unit at the lower floors of about, estimate about 20-30 units sold, i think all in about 80-90 units sold gua.
| linustw wrote: |
When will the show unit ready? |
next visit there i will ask. |
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Fernando Alonso F1 Champ
Donald Trump
Joined: 10 Oct 2007
Posts: 13475
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| Posted: Thu Jan 22, 2009 12:06 pm Post subject: |
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hmmmm.....considering the v affordable entry price, i am surprised at the take up rate....
the slowness i mean........
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"Dont change lifestyle! Change Government!!"
I mean Change the Barisan Najis govt !!!!! Dont get it wrong ! |
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brutus1
Renesial Leong
Joined: 25 Jun 2008
Posts: 1102
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| Posted: Thu Jan 22, 2009 12:12 pm Post subject: |
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| Fernando Alonso F1 Champ wrote: | brutus, u visit their office v often for what ???......
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go there to KKC and hoping to something from the developer! 
| Fernando Alonso F1 Champ wrote: | | got lenglui there izit ???............... |
very different taste wor!  |
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linustw
Ng Teng Fong
Joined: 17 Oct 2006
Posts: 7982
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| Posted: Thu Jan 22, 2009 12:23 pm Post subject: |
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F1, this project is not even soft-launch yet. All you get is from the banting on site and a big bill board outside their HQ in bandar puteri + tok tok in the forums.
They don't have the permit to sell yet. SPA won't be available until end Feb'09.
Also, this one has to compete with ZEN residences (more for homeowners) and Setia Walk. |
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brutus1
Renesial Leong
Joined: 25 Jun 2008
Posts: 1102
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| Posted: Thu Jan 22, 2009 2:06 pm Post subject: |
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| Fernando Alonso F1 Champ wrote: | hmmmm.....considering the v affordable entry price, i am surprised at the take up rate....
the slowness i mean........ |
it is not officially launched. most know about this development are registrant in their website. |
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gks
Milan Doshi
Joined: 31 Oct 2006
Posts: 4466
Location: In KL Finally!
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| Posted: Mon Feb 02, 2009 9:35 am Post subject: |
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| The property gallery at Bandar Puteri, right? Will go to Puchong today... Maybe will make a visit to look see look see.... |
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linustw
Ng Teng Fong
Joined: 17 Oct 2006
Posts: 7982
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| Posted: Mon Feb 02, 2009 10:06 am Post subject: |
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| gks wrote: | | The property gallery at Bandar Puteri, right? Will go to Puchong today... Maybe will make a visit to look see look see.... |
the main road facing shoplots, opposite Giant. You won't miss it. Big banner outside the office. On your right coming in from LDP.
dun miss the chance to visit the site as well!
Please update here what you can find....including how financial is Trinity Towers to complete the project! |
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gks
Milan Doshi
Joined: 31 Oct 2006
Posts: 4466
Location: In KL Finally!
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| Posted: Mon Feb 02, 2009 10:19 am Post subject: |
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| linustw wrote: | | gks wrote: | | The property gallery at Bandar Puteri, right? Will go to Puchong today... Maybe will make a visit to look see look see.... |
the main road facing shoplots, opposite Giant. You won't miss it. Big banner outside the office. On your right coming in from LDP.
dun miss the chance to visit the site as well!
Please update here what you can find....including how financial is Trinity Towers to complete the project! |
Are they listed company? Otherwise they wouldn't disclose their financial capability leh.... |
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linustw
Ng Teng Fong
Joined: 17 Oct 2006
Posts: 7982
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| Posted: Mon Feb 02, 2009 1:06 pm Post subject: |
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| gks wrote: |
Are they listed company? Otherwise they wouldn't disclose their financial capability leh.... |
They are not listed.
Not to check their books physically, but how they to ensure potential buyers that they have the capability to complete the project and won't do a runner!
they are not a cash rich company like Setia has 600mil cash sitting pretty in the book.
Will be interesting to know how they response to you. |
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propcritic
Milan Doshi
Joined: 22 Jan 2007
Posts: 2574
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| Posted: Mon Feb 02, 2009 5:37 pm Post subject: |
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| You all know there is a planned crematorium and extension of the current Indian cemetery to add Muslim and Chinese cemeteries across the road? |
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DONALD TRUMP
Renesial Leong
Joined: 09 Dec 2006
Posts: 917
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| Posted: Mon Feb 02, 2009 8:27 pm Post subject: |
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| propcritic wrote: | | You all know there is a planned crematorium and extension of the current Indian cemetery to add Muslim and Chinese cemeteries across the road? |
Sure or not , propcritic . Well , now the company can say that " people are dying to be there " ! .
Living close to a cemetery I can take ( sort of ) , but crematorium is a different thing altogether . Wake up in the morning for a cup of coffee and see a speck floating on the surface , the mind will wonder where it came from ! |
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Daryl Teo
Renesial Leong
Joined: 21 Dec 2007
Posts: 842
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| Posted: Mon Feb 02, 2009 11:06 pm Post subject: |
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| DONALD TRUMP wrote: | | propcritic wrote: | | You all know there is a planned crematorium and extension of the current Indian cemetery to add Muslim and Chinese cemeteries across the road? |
Sure or not , propcritic . Well , now the company can say that " people are dying to be there " ! .
Living close to a cemetery I can take ( sort of ) , but crematorium is a different thing altogether . Wake up in the morning for a cup of coffee and see a speck floating on the surface , the mind will wonder where it came from ! |
Or when having dinner u get a choice of lada putih or lada hitam depending on what's cooking!
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Buy land cos they don't make it anymore - Mark Twain |
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gks
Milan Doshi
Joined: 31 Oct 2006
Posts: 4466
Location: In KL Finally!
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| Posted: Tue Feb 03, 2009 12:03 am Post subject: |
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| propcritic wrote: | | You all know there is a planned crematorium and extension of the current Indian cemetery to add Muslim and Chinese cemeteries across the road? |
Thanks for the the head on info.
The salesman gave a very confident sales pitch....
Was very tempted to put a booking....
Somemore showing the proposal LRT station just opposite Kinrara Giant...
In summary, it seems that this development is very good value for money for the concept, development, finishing expected, landscaping, location and the bonus is LRT station.
However, if crematorium confirmed to be located opposite Zest, i think gone case liao... Maybe not as bad as Park51 la... |
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gks
Milan Doshi
Joined: 31 Oct 2006
Posts: 4466
Location: In KL Finally!
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| Posted: Tue Feb 03, 2009 12:05 am Post subject: |
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| linustw wrote: | | gks wrote: |
Are they listed company? Otherwise they wouldn't disclose their financial capability leh.... |
They are not listed.
Not to check their books physically, but how they to ensure potential buyers that they have the capability to complete the project and won't do a runner!
they are not a cash rich company like Setia has 600mil cash sitting pretty in the book.
Will be interesting to know how they response to you. |
Linustw taikor, managed to ask the financial question... Basically they said they got RHBbank that willing to provide bridging loan to them...
Also, they got the sales and advertisement permit. Most probably soft launch end of this month. |
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propcritic
Milan Doshi
Joined: 22 Jan 2007
Posts: 2574
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| Posted: Tue Feb 03, 2009 12:42 am Post subject: |
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| DONALD TRUMP wrote: | | propcritic wrote: | | You all know there is a planned crematorium and extension of the current Indian cemetery to add Muslim and Chinese cemeteries across the road? |
Sure or not , propcritic . Well , now the company can say that " people are dying to be there " ! .
Living close to a cemetery I can take ( sort of ) , but crematorium is a different thing altogether . Wake up in the morning for a cup of coffee and see a speck floating on the surface , the mind will wonder where it came from ! |
HeHe...just check out the Bandar Kinrara forum below and you'll know:-
http://forum.bandarkinrara.com/index.php?topic=347.315
I think generally those from Bandar Kinrara area who are familiar with the surroundings here will avoid this Zest.....I guess this explains the slow take up rate...
Btw, the shelved Waste Transfer Station, also across the road from the Zest but deeper inside beyond the Kinrara factories, may also pose a potential problem if the land use is not permanently converted (currently still meant for "Sampah" management if I'm not wrong).
The East facing KL city view units should also have Mega Crematorium and Cemetery view.... |
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propcritic
Milan Doshi
Joined: 22 Jan 2007
Posts: 2574
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| Posted: Tue Feb 03, 2009 12:50 am Post subject: |
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| gks wrote: | | linustw wrote: | | gks wrote: |
Are they listed company? Otherwise they wouldn't disclose their financial capability leh.... |
They are not listed.
Not to check their books physically, but how they to ensure potential buyers that they have the capability to complete the project and won't do a runner!
they are not a cash rich company like Setia has 600mil cash sitting pretty in the book.
Will be interesting to know how they response to you. |
Linustw taikor, managed to ask the financial question... Basically they said they got RHBbank that willing to provide bridging loan to them...
Also, they got the sales and advertisement permit. Most probably soft launch end of this month. |
Boss, all abandoned projects also got bridging loan one mah... |
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propcritic
Milan Doshi
Joined: 22 Jan 2007
Posts: 2574
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linustw
Ng Teng Fong
Joined: 17 Oct 2006
Posts: 7982
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| Posted: Tue Feb 03, 2009 9:59 am Post subject: |
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| propcritic wrote: |
Apparently, developer/management increased service charge/maintenance fees by 80%, one year after VP.... |
dun think I see many "happy" residents in any of the low to mid cost condo projects.
80% might be high but 10sen charged earlier was ridiculous also. Even the new rate of 18sen dun think this is too much. The incremental might seen a lot BUT if you want good security, good guarding, good maintenance of landscaping and etc.....I doubt that 10sen can give you that.
Sometimes the residents need to have a reality check as well.....complaint non stop and see their 10sen bigger than old bull cart wheel  |
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