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Pangsapuri completed and under construction residential projects & high-rise living



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Old July 6th, 2007, 09:00 PM   #21
coolgal
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Hi Porsche944

Thanks for the links and info. Interesting reading. Greatly appreciated.

I think the 'collective sales' is only good if someone buys the parcel. If no one buys the parcel - and could not renew the lease does that mean the parcel (building (condos) & land) goes back to the authority without any compensation to the owners?

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Originally Posted by porsche944 View Post
See here for leasehold vs freehold debate :

http://www.hba.org.my/news/2002/1102...ld_fallacy.htm

http://www.hba.org.my/faq/lease_freehold.htm

http://www.hba.org.my/news/2002/1002/leasehold.htm

When people want to rent, they dont care whether it is freehold or leasehold. I believe location is a more important factor. Case in point here in Singapore price variant between freehold and leasehold almost marginal in top location areas.

Also recently in Spore a leasehold property that has 60+ years left went for a record during a 'collective sale'. http://lushhome.wordpress.com/2007/0...hes-hefty-13b/ Not sure if 'collective sale' exist in Malaysia (I dont think so but it will soon enough in my view). My point here is that even a leasehold property is attractive enough if the location is right.

p.s We bought a unit here for investment when it was launched and speaking to the developer apparently many VVIPs bought them too.
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Old July 23rd, 2007, 12:49 PM   #22
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Hei Fairl

Thank you for your comments.

Leasehold???? and....considering the Great Eastern serviced condos now ready for rent...over saturated in this area??

Any investors shy away from this becaue of leasehold??? Like to hear your comments please.

Regards & thank you.


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as of 0845 17/12/2006





almost complete...but i hate what the lorries did to the road there....potholes everywhere now...
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Old August 25th, 2007, 01:14 PM   #23
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Old August 28th, 2007, 07:52 AM   #24
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Yes, must be Mutiara Upper East Ampang. Anyone can confirm?
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Old August 29th, 2007, 02:01 AM   #25
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Yes, must be Mutiara Upper East Ampang. Anyone can confirm?
it is mutiara upper east ampang
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Old December 9th, 2007, 12:12 PM   #26
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completed?
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Old December 31st, 2007, 09:12 AM   #27
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Completed ?
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Old December 31st, 2007, 09:21 AM   #28
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I think it is completed. The homepage shows construction pics from Jan 07, without cladding. So I expect it to be complete by now. But maybe Zahirnya or Sze can confirm.
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Old December 31st, 2007, 04:43 PM   #29
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yup. completed already.
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Old February 11th, 2008, 09:03 AM   #30
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8/2/08 by zuluman66


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Old February 22nd, 2008, 09:06 AM   #31
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Quote:
Originally Posted by ZaHiRnYa??? View Post
yup. completed already.
i think they still do final touch up and the landscaping...
heard that will be hand over next month...
How is the sale or what is the sub-sale price now?
it looks quite nice....
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Old February 22nd, 2008, 10:01 AM   #32
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Passes by this condo almost on a daily basis.......basically like 28savanna had said, they are doing some touch-ups now. Can still see workers around daily.

But the place is like 98% ready
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Old May 24th, 2008, 05:57 AM   #33
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Old May 24th, 2008, 05:58 AM   #34
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Old May 19th, 2012, 10:30 AM   #35
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http://www.propwall.my/photos/7590/m...hoto-by-kam-jy

http://www.propwall.my/photos/106606...by-jullia-chan

http://www.propwall.my/classifieds/2...by-jullia-chan

http://www.propwall.my/classifieds/2...by-jullia-chan
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