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Condo Supply: Total no. of units in the pipeline.
- Thread starter sunriver
- Start date
Medini is developing more rapidly than Sunway so Sunway buyers will need to hold longer.
You need to decide whether rental will be better for a property next to Gleneagles or a Theme park.
You need to decide whether rental will be better for a property next to Gleneagles or a Theme park.
Welcome. May I ask how big is the unit and how much is it psf? You may want to benchmark with neighbouring projects. Fyi, I recently backed out( just this month) from a bumi release lot in Sky Gardens Setia Tropika. It was a high floor unit( abv 15th) going at 3XXpsf. A 3 bedroom unit, price was 430K. Even at that price as an investment I feel its not worth it as I booked it with rental in mind and it cant even fetch me 2K in that location. Over 1M seems a bit high for Kempas which isn't a central location, unless for some reason you're keen on that area. Of course if its for own stay and you like the project then you may have other considerations.
yo, manhattan,
mind to share when you went, how much the cheapest available studio unit, and size pls?
and is Citrine part of the Special economic zone with all the foreigner friendly benefits?
thanks in advance
Let me try to recall. The absolute cheapest unit was the 2nd lowest floor of the smallest unit (1bed room, 626sqft) and it should be around 500k.
But all 1bedroom unit all sold out all the way to lvl 27. So the next cheapest available was lvl 29 and should be around 540k after the discount.
This info 2weeks old already and based on my memory. Suggest you drop by their showroom to get the actual number and see the clear water lake.
And yes, this is within medini and enjoys all those specials. Also 129 years leasehold.
Hope this info is useful.
But all 1bedroom unit all sold out all the way to lvl 27. So the next cheapest available was lvl 29 and should be around 540k after the discount.
This info 2weeks old already and based on my memory. Suggest you drop by their showroom to get the actual number and see the clear water lake.
And yes, this is within medini and enjoys all those specials. Also 129 years leasehold.
Hope this info is useful.
So latest is 540,000 / 626 sq ft = 863 psf, quite a difference compared to the cheapest at 799 psf...
Chocolate,
why that unit can't even fetch u 2k rental in that location? isn't 3xx psf a very good psf?
why that unit can't even fetch u 2k rental in that location? isn't 3xx psf a very good psf?
Nusajaya,
what about Iskandar residences further south a bit Vs Grand Medini?
Iskandar Residences is next to Medini Square, closer to retail. GM is much closer to Gleneagles (1 min vs 7 mins for Iskandar Residences).
GM closest retail is Mall of Medini for now I believe (7 mins walk).
Rental wise, which will prove superior?
what about Iskandar residences further south a bit Vs Grand Medini?
Iskandar Residences is next to Medini Square, closer to retail. GM is much closer to Gleneagles (1 min vs 7 mins for Iskandar Residences).
GM closest retail is Mall of Medini for now I believe (7 mins walk).
Rental wise, which will prove superior?
thanks!
other than LH which i dislike (reselling takes longer time), this one got potential. even for a "jb condo naysayer" like me.
are you familiar with sunway south quay in KL? how big is the lake compared to south quay's lake?
i think this is better than GM. how much is GM asking for, for the same size? same price, right? this one sunway project .
GM now in the 900+ psf region for studio 474 and 517 sq ft units.
RM540K is out of my budget unfortunately coz many bullets spent firing at Zone A.
RM540K is out of my budget unfortunately coz many bullets spent firing at Zone A.
I have never been to south Quay. The lake at citrine doesn't look very big, but can see the effort put in to make the water clear and nice landscaping. Adjacent to this big pond they are making another one, filtering of water in progress. When completed I would say a jog around the 2 big ponds will be around 800m.
Oh.. just beside citrine is the avira, they also have a big pond of similar size. So this apartment is surrounded by ponds. Should be quite cooling living high up.
Oh.. just beside citrine is the avira, they also have a big pond of similar size. So this apartment is surrounded by ponds. Should be quite cooling living high up.
thanks. i actually looked at their ebrochure. the 626sft unit seems ok sized, no extra balcony taking up space. but am i right to say the two stack are facing north and not facing the water.?
I like you, must ask tough questions to developer so we know they are actually good or not. I asked them this question too, they already have an answer. The pond has a flood gate and if overflowing the water will be released into the sea 500m away. I did a site survey and found that this land is higher than sea level so the water will just flow down using gravity.
I can't say for the avira pond as they don't allow people to go in.
I have done very detailed study of this area and the apartment. Even studied the direction of sun during different times of the year and it's effect on the apartment.
Yes if you are referring to the 626 sqft type stacks. They called this the puteri harbour view.
Since I sensed a few of you have the same interest as me. I will share more info. Remember there is an approved southern access road to be built by 2017? At the entrance to sunway there will be a petrol station and maybe a macdonalds, will be announced soon.
And the international school beside citrine is building now to be ready by 2017-18 offering IB programme.
Hello, I am going by what I see on Propertyguru. The average unit of this size is asking 2K ( so I conclude they will settle fro a bit less) and some are asking as low 1800. Likely lack of public transport and malls is a cause as condo dwellers usually look for these.But for own stay its nice, I viewed a unit on 20th floor, same stack as mine. There are KFC, pizza hut, shops downstairs.
good sharing. another good thing i felt is sunway has a succesful track record in KL already with their subang jaya projects. as they will be the master developer for the whole plot, they can better control the different components of the development (mall, hospital, school , etc). looks good. the sunway school being built is good catalyst too.
risks are market oversupply & lack of population at the moment. sales may be slightly slow too. 328 units if really good will be wiped clean within a week. price is not REALLY that cheap either.
anywaaaay... so zoom in a bit (lazy to go JB too often these days too cos don't want to pay the toll), the 626 sft stack has PH view but can't see any sea at all, right?
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