Happy Chinese New Year!! Year of the Doggy..

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Hey, it’s almost 16th Feb 2018, which is the date of this year’s Chinese New Year! And this year, it’s the year of the Dog (one of the 12 zodiac animals in Chinese astrology).  All of us here in Aid Estates and Fresco team would like to take this opportunity to wish all our Chinese clients, partners, family & friends a very happy, joyous and healthy Chinese New Year 2018!

The Dog (狗) is one of the 12-year cycle of animals which appear in the Chinese zodiac related to the Chinese calendar. The Year of the Dog is associated with the Earthly Branch symbol 戌. The character 狗 refers to the actual animal while 戌 refers to the zodiac animal. – Wikipedia

This year, I’ll be travelling back to my hometown Ipoh with my family and will be around for a few days. It is a good time to catch up with family members and relatives over dinner and drinks. Probably a surprise visit to a friend’s home also on the cards.

Usually there’s nothing much for me to do during CNY. I’ll stick around with wifey and the boy and we’ll wander around Ipoh for food and probably catch a movie if there’s nothing on for us.

For those who are travelling up North or down South, do drive safe and keep your eyes on the road all the time. Sometimes, it is really better late than never.

As usual, many will look for good signs as well as bad ones to avoid this year and horoscopes for each zodiac animals will be a hit again. Head on to this fun site:  Chinese Horoscope 2018 – Lunar New Year of the Earth Dog for a quick check on your sign and look at others for compatibility.

Take care ya’ll! See you soon!

 

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What do you think of North Kiara? Would you shift your interest over the other side of Mont’ Kiara?

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More often than not, when mentioned Mont’ Kiara, it is mostly associated with high rise luxury condominiums and expensive penthouses and properties. Expatriates are most familiar with the area, and with its wide range of amenities and matured landscape, it’s easy to make a choice. However, since 10 years ago, Mont’ Kiara has outgrown its capacity. With every high rise apartment/condo built to accommodate demands, it’s running out of space and congestion is almost unbearable.

Everyone wants a piece of Mont’ Kiara but with the land drying up and prices are not as affordable as one would like, what are the alternative(s) for these people?

For tenants, it is merely a pick and choose situation as there are plenty of units available around the area but when it comes to price vs. building, they may have to think twice. Usually, older apartments comes with cheaper rental price and more simple furnishing. The ones in the middle category are those with the greater dilemma – those looking at around RM 3,000 +- rental per month. They wouldn’t want an old apartment that costs lower. Not that the money in view is a lot, but it is almost certain that it wouldn’t get them anything they are looking for and it is pretty rare a nice little unit is around for them to pick.

And usually, these units to-let are in the market for some time. As it goes, what started as a bare unit or partially furnished unit is now a fully furnished one. And it is again, almost certain that the landlord would increase the price a little in that aspect. Now, the tenant probably have a list of units that are older, pricier and fixed with some unwanted furniture (although some landlord could remove those not needed) to choose from. It is common that they take a longer time to view and choose and engaged with multiple agents to bring them around.

As for buyers, apart from some occasional fire sales or below market value units, anything that’s newer, well-kept and ‘investable’ costs about RM 700-800psf. And if you are talking about a 1,500 sqft apartment, that’ll set you around RM 1M to 1.2M. Although the market is slightly softer as we move in 2018, the price psf will still hover around that bracket and with bigger, newer and less costly units coming up around the other side of town, would they shift their sights?

North Kiara aka. Segambut stretch

Years ago, many would shy away when they were proposed something around that area. Couldn’t blame them. North Kiara or the Segambut area is not exactly what they have in mind when they speak of high-end living space. But technically, it is just a passage away from the fancy Mont’ Kiara proper. I was personally introduced to the location almost 15 years ago when I was looking around for a place and Mont’ Kiara is out of my league at that time and this was the next best thing. Question is, is it still, now?

For the past 5 years, there has been a-lot of activities around this part of town and newer condominiums sprouted with attractive prices and exciting layouts. The build quality and overall design is also comparable to the ones found in Mont’ Kiara. With the likes of Concerto, Anjali, Scenaria, Royalle, Verdana and 28 Dutamas holding the mantelpiece at the moment, there will be more coming up from this side of town to usher new homeowners to a location where they think is the next ‘place-to-be’.

The slightly reduced price psf for these developments mainly points to the fact that they are located at the less-affluent part of Segambut. But what will the future hold for this area in the next 5-10 years?

Just a mere 5 to 20mins away from its more illustrious neighbors, Segambut or North Kiara will no doubt rise to its potential. It’s just a matter of time. Old residential and undeveloped land will make way for its new projects and more and more home-buyers will definitely take notice of it soon.

Just a point to ponder. Many home-buyers within the next few years are more likely to opt for price over status. If living in a location with cheaper options and still within a stone-throw away to the superstar spot, would the answer be ‘why not’?

Let me know if you have any inquiry or simple looking for something in the above areas. I’ll be more than happy to be your guide. Cheers!


For a more detailed look at Segambut (North Kiara) transformation and it’s upcoming recognition as one of KL’s sought after location, please find the following article by PropertyInsight at http://propertyinsight.com.my/area-focus/segambut-comes-of-age/

Image courtesy of Anjali of TAGO.

Happy Thaipusam to my friends!

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Very soon we will reach 31st January and it’s none other than the celebration of Thaipusam for all my Indians friends! This year, the front image of the website shows 2 arm chair with a coffee table with coconut and a diya. It represents a peaceful and traditional celebration for everyone an may it brings prosperity along. Avid Estates & Fresco would like to wish them a happy Thaipusam 2018!

I’ve written a small article about the celebration a year ago. You can read it here:

https://wordpress.com/post/thefrescoapartment.wordpress.com/2863

 

 

Ray’s birthday yo..

Hey Ray, Happy Birthday! Hope you don’t mind a small little cake, few close friends and some fake fries and burgers to go… heheheh..

Kinda crappy we forgot to take a group pic! Sigh.. too excited yo. But at least this round you get the whole pic for yourself.. nyeak!

Many happy return and keep up the good work! It’s certainly a privilege to have you as a friend. See you tomorrow for our badminton session. Take care buddy!

Our maiden 19 Perdana show unit open house

Just wrapped up our first show unit open house for 19 Perdana last weekend and it is quite a showcase. We had visitors and buyers from nearby mostly and despite some morning and afternoon showers, a good bunch did turned up to see what this is all about and they left with good impression! A couple of them came twice across the 2 days too. Now, just a little follow up should do the job!

Would like to thank the whole team to make this happen. Thanks to Steph, Glenn, Ray and Caroline for taking their weekend off to help out. Can’t imagine myself taking on a few clients at the same time. And also thanks to Nieyko for preparing most of the pre-open day stuff from the marketing perspective.

Did a few selfies as I kept forgetting about having some shots with those nice people. Also, thanks to the man behind the houses, Mr.Tang for giving us this opportunity and stayed with us most of the time during the event to discreetly help us monitor the progress of the sessions.

We’ll be having another round soon and we hope to seal some deals in the coming days and complete the 12 units and call it a day soon! See you guys then. Watch this space..

19 Perdana Semi-D @ Pandan Perdana

19Perdana

 

Just got my hands on this exclusive project from a boutique developer (Hamton Realty Sdn Bhd) and it’s going to be my pet project for the next 3 months. 19 Perdana consist of 12 exclusive ‘hand-crafted’ semi-detached units located in Pandan Perdana. This is a location about 9km away from the city center. It sits nicely in a place where the accessibility to nearby township like OUG, Sri Petaling, Taman Maluri and Cheras south just minutes of drive away.

Location

The location is accessible from Cheras and KL via Jalan Cheras and Jalan Loke Yew respectively towards the MRR2. Another entry/exit is through Taman Pertama although the route is less used by commuters. So, we have a fairly good access to the area without cramming at one passage. The surrounding area is also matured with a good variant of shops and eateries without having to travel too far out for running errands or for a decent meal.

Amenities/check-ins

When an area is well developed, you can certainly find numerous amenities in almost every corners and also certain facilities or public services to serve its residents. Just a minute drive out, you will have a few blocks of shop-lots with eateries and a variety of shops to fill your need. There is also a police station nearby to calm your sense of security.

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Row of shops in Pandan Perdana

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Pandan Indah town

If you’re feeling adventurous, there are always Pandan Jaya and Pandan Indah to go to. These are the places well known for their eating spots and entertainment outlets. The area also boasts as one of the more matured neighborhood around Cheras/KL with a good number of facilities and outlets (banks,hospitals, schools, car workshops, a fire station etc.) to choose from. Although the traffic and crowd is slightly more congested than one prefers, you do however, never having to travel far for your daily undertakings.

Not too far away, you also have Pantai Hospital at your service, multiple banks, petrol stations, restaurants and even a DBKL branch in Taman Cheras. For the children, there is also an international school in the form of Sri Sempurna.

There is Leisure Mall for all the shoppers in Taman Segar and do expect something in the form of Eko Cheras Mall by end of 2018.

Public transport

When you’re within this area, there will be no shortage of public transport for your commuting need. With Grab/Uber and the regular taxis and buses, this is easily taken care of. There are a number of nearby MRT stations (though not as close as one would prefer) to add to the list. Taman Mutiara, Taman Midah and Taman Pertama stations. But like everywhere else around KL, do get ready earlier and arrange your commute accordingly to avoid disappointment and tardiness.

After covering some of the more common issues when looking at a potential property buy, it’s time to look at why Hamton’s 19 Perdana.

If you’re looking for an exclusive, affordable (size by cost) and a location with great potential, then  look no further than 19 Perdana. With such huge layouts and build up area, the price would double if it is somewhere else.

There are 3 types of units to choose to suit everyone. From a conventional basic TYPE A, there is also TYPE B for those who loves huge area for their kitchen and dining space. For bigger family size, TYPE C would be perfect with an extended room for the parents, not only with a master-bedroom like area for them at the ground floor, there is also enough space dedicated for them to fulfill their daily needs.

By the way, this is a FREEHOLD property right in the mix of KL address. There are not many freehold land left around this part of town and looking at one of the next in line development area, this is a matter of when rather than will it be developed. So, appreciation is certain – how much is the question.

All units comes with an immediate rebate of RM 150k off its asking price (both BUMI and NON-NO-BUMI buyers). For BUMI buyers, they are entitled for another 5% discount on top of the rebate which make it more affordable than it already is!

For those familiar around the area and are looking for a good buy and at the same time want something of a bargain for the long run, this is it. Come and have a look and be amazed what 19 Perdana has to offer. We will be arranging for OPEN-HOUSE events from time to time. So, make yourself free then and drop by for a viewing!