Avid Estates

A hectic but satisfying day!

It was Friday 1:00pm and I’m rushing to Fraser’s Place KLCC to fetch my client for viewings in Mont’ Kiara. There were about 5 units to show and as soon I got him onboard the car, we headed straight to the first viewing. It was Kenny Heights Villa @ Sri Hartamas.

These villas are situated right behind Plaza Damas and part of Kenny Heights Estates. These are freehold units that were completed about 7 years ago.  There are only 49 units in a gated and guarded vicinity. The linked bungalows are really nice and the unit we viewed came fully furnished with a RM11,000 p/m price tag. It was a pretty good deal as the unit comes with modern fittings and furniture with a private pool on the top floor. Overall, the tenant liked it and took some pictures for further review. They could somewhat do better with some signboards leading to the estate as one may get confused around the area though.

Next stop, Sunway Vivaldi. This is one condominium around Mont’ Kiara that I’m more familiar with as I have a friend staying here and often frequent the place whenever there’s a gathering. However, I have no luck getting a to-let unit here so I have to get one of my closer agent friend to arrange one for us.  This is also a fully furnished unit with a RM 11,000k p/m price tag. It is a nice unit with the pool view. The tenant loved the condominium and quite impressed with the multi-tiered security. He shortlisted this immediately.

Next, we head to MK 11. This is a fairly new luxurious condominium around Mont’ Kiara. It’s only 6 years old and billed as one of the top-notch property in Mont’ Kiara. The sight of the building and its pool is definitely engaging. I’ve never really seen such pool design and it’s pretty eye catching I must say. The unit is priced at RM 15,000 p/m which is a little steep for a fully furnished. But, with everything in place and a unit with almost a 100sqft balcony, that’s what we need to pay I think.  However, the downside of this unit is, of course, the price and also, the owner is around and is currently occupied. Most of the stuff is there and it made the place looked stuffed. The tenant is somewhat unimpressed.

We headed to Lumina Mont Kiara which is about 1 min drive away – that shows just how many condominiums there are around the area. This is a penthouse and possibly one of the best looking units I’ve come across in recent visits. The asking price is at RM 12,000 p/m which personally, I think is quite reasonable. With all the high-quality furniture that comes with it, it’s a steal really. And it’s still negotiable. I was told the owner is quite a prominent figure too. The tenant is very impressed with the unit nonetheless. However, the facility and the walkways are quite a let down though.

Finally, we head to the last stop of the viewings – Mont’ Kiara Damai Resort.  I’ve always loved this place ever since my first visit here. It really does feel like a resort with its 8.7acres land and boasts one of the lowest dense residential with only 230 units. Although a little dated (completed 13 years ago), the place is undoubtedly one of the more quiet and peaceful locations around Mont’ Kiara, away from the highway and retails. However, the tenant doesn’t really fancy the resort type condo and we left after a great tour around the place by the enthusiastic owner. Great job!

After we said goodbye, it’s the most challenging time of the day… Friday evening + rain+heading back to KL = super jam! It took us an hour to reach Fraser’s Place! Gosh! It was my bad. The viewings went a little longer than expected.

But hey, he found what he wanted and I’ve done my part showing some nice units. Just wanna say thanks to all the owners and Donavan for arranging the viewings for us that day! You guys rock!

 

Advertisements

Our latest open house at Selekoh Tunku, Bukit Tunku last weekend

Selekoh-Tunku

What a weekend. We just had our latest open house at Bukit Tunku over the weekend and what an experience.  Weeks of preparations and arrangements finally paid off with a successful event. We would like to thank the office for the support, especially the Boss, Nieyko, Stephanie (our newbie support), Naz for your ‘cheerleading’ and all who came-by pre and during the open house.. Thank you so much!

And of course, the main figure here is Ms.Billie, my partner for this open house. Thank you for this opportunity, for me to experience my first Bukit Tunku open house.

We were all very excited leading to the day. Flyers, signboards, newspaper ads, and invitations. For me at least, it is not common to have open house around this area and open to all to look at one of Kenny Hills’ (before it was renamed to Bukit Tunku) classic bungalows. So, it is both a marketing and exposure experience for us.

The Selekoh Tunku address has some prominent residents lining up the street too. It would make a great neighborhood and furthermore, this is pretty close to the Jalan Langgak Tunku area – the happening place in Bukit Tunku. Fancy having a nice breakfast at the Kenny Hills Baker or having your lunch at the sumptuous Kenny Hills Bistro or just simply hop over to Sids at night for a quick alcohol fix? It’s just 1 min away.

Over the past 2 days, we had not many visitors or buyers. However, the quality of the visitors supersedes the lack in numbers. Most of them, when asked, came to know about the open house via the sign boards around Bukit Tunku. The interesting thing is, we do have keen individuals and some offers to bring back to the owner.  In fact, there was one who came back 3 times to view the unit! Talk about loving it. But of course, the negotiation is still in its early stage. We just hope for the best.

We ended the open house on Sunday afternoon and we have a total of 2 offers to be brought back to the owner. What an eventful 2 days and we got away with it even though we had it on a King’s birthday. Heh.

There you go. Our next chapter is already in the works and after today’s meeting with the team, boy, do we have a BIG one coming your way to Bukit Tunku very soon! So, stay close to this blog/facebook update and get to know more about what’s going to happen.

Ciao!

Good to know who is who and their roles…

Was a little busy for the past few months.  Been following up few low-hanging listing and would like to close these before my deserved trip to the North next week. Things have been kind to me lately and hopefully after our Bukit Tunku open house this weekend, it gets better!

Been running around collecting listing and meeting with owners recently and noticed that some if not all, are still a little fuzzy about the agents that are representing them. And to top it off, some agents (possibly newer ones) are also somewhat unclear about their roles. It is a good time to learn together now and I have just the infographic here to illustrate that nicely. Take a look, guys.

60d4b2ef61db9e4dc860db11291b33c3

So, just to summarize, a listing agent is the one representing the owner of the house/unit. If he gets a buyer and closes the deal by himself, he/she gets the full (2% commission – that’s our fee) from the sale price. And if a buyer’s agent is in the mix, the 2% get shared equally between the two. We call this a ‘co-broking or co-agent’ deal.

If a non-agent (means he/she is not officially registered as a REN/REA) is representing a homeowner and wishes to get something out of it, he/she is only entitled to a referral fee. Usually, these are the relatives or friends of the owner. Normally it’s a 10% of the total commission received by the buyer’s agent – although it may vary for different agencies. So in this case, the buyer’s agent somewhat act as a listing agent too.

Now, let’s go out and tell our owners, buyers and fellow agents what we can achieve together! If you wanna go fast, do it alone… if you wanna go far, do it together!


Infographic courtesy of http://www.Forbes.com | http://www.Redfin.com | PHA Realty

Malaysia 60th Independence Day

Screenshot (1).png

This post is late! Gosh.. 1 more day to go. We are almost reaching the end of the month of August. And what does that bring us to..? Yes. It’s Merdeka time again! It is the 60th independence day for Malaysia since 1957. On the 31st of August every year, we Malaysian celebrates our ‘Merdeka Day (independence day) with a public holiday for all and usually a national parade of performances and activities in the central of Kuala Lumpur.

31 August 1957

On the night of 30 August 1957, crowds gathered at the Merdeka Square (Padang) in Kuala Lumpur to witness the handover of power from the British. Prime Minister-designate Tunku Abdul Rahman arrived at 11:58 p.m. and joined members of the Alliance Party’s youth divisions in observing two minutes of darkness.[2] On the stroke of midnight, the lights were switched back on, and the Union Flag in the square was lowered.[3] The new Flag of Malaya was raised as the national anthem Negaraku was played. This was followed by seven chants of “Merdeka” by the crowd.[2][3] Tunku Abdul Rahman later gave a speech hailing the ceremony as the “greatest moment in the life of the Malayan people”.[2] Before giving the address to the crowd, he was given a necklace by representatives of the Alliance Party youth in honour of this great occasion in history, with a map of Malaya inscribed on it. The event ended at one in the morning the next day.

On the morning of 31 August 1957, the festivities moved to the newly completed Merdeka Stadium. More than 20,000 people witnessed the ceremony, which began at 9:30 a.m. Those in attendance included rulers of the Malay states, foreign dignitaries, members of the federal cabinet, and citizens.[4] The Queen’s representative, the Duke of Gloucester presented Tunku Abdul Rahman with the instrument of independence.[4] Tunku then proceeded to read the Proclamation of Independence, which culminated in the chanting of “Merdeka!” seven times with the crowd joining in. The ceremony continued with the raising of the National Flag of Malaya accompanied by the national anthem being played by a military band and a 21-gun salute, followed by an azan call and a thanksgiving prayer in honour of this great occasion.[4]

The day followed with the solemn installation of the first Yang di-Pertuan Agong, Tuanku Abdul Rahman of Negeri Sembilan, at Jalan Ampang, and the first installation banquet in his honour in the evening followed by a beating retreat performance and a fireworks display. Sports events and other events marked the birth of the new nation.

I’m proud of my country Malaysia despite some of the ongoing frictions between the government and opposition and a certain fiasco that was blown out wide. But this country is well known for its peace and harmony and shall be forever seen that way for many years to come.

Why I liked Malaysia? The people of course! We are friends of friends of every race. The food! What you can’t find in Malaysia..? The places of interest – historic, sandy white beaches, highlands, Metropolitan, and forests… you name it! The culture – games, dance, food, performances and even the architectures. Finally… grateful that there aren’t any violent natural disasters (wishing all my fellow friends from Hong Kong a safe recovery from the recent typhoons Hato & Pakhar) to hit the country.

To those who are new to Malaysia or just arrived, we hope you’ll enjoy your stay and stay around for the celebration. There’s so much to do that’ll keep you busy the whole weekend! Avid Estates & The Fresco Apartment would like to wish Malaysia, A Happy Merdeka Day 2017!!

So, let us welcome 31st August 2017 with 3 cheers …. “Merdeka’… “Merdeka”…”Merdeka”!!


Merdeka details courtesy of Wikipedia

Feng shui and real estates

Feng shui, believe it or not, appears to be on many homeowners mind when purchasing their dream homes. Be it getting a bungalow, a terrace or simply a plot of land, feng shui play a big part in deciding whether the particular unit is suitable to the buyer in terms of liveability or prosperity it brings to the owners.

Most will not understand fully how it works when explained to them by the masters, yet tend to follow whatever that is thrown to them just to be sure that the opposite does not fall on them. Why do we believe in feng shui anyway?

What is feng shui (風水)?

Feng shui or fengshui (pinyin: fēngshuǐ, pronounced [fə́ŋ.ʂwèi] (About this sound listen)) is a Chinese philosophical system of harmonizing everyone with the surrounding environment. It is closely linked to Taoism. The term feng shui literally translates as “wind-water” in English.

Feng shui is one of the Five Arts of Chinese Metaphysics, classified as physiognomy (observation of appearances through formulas and calculations). The feng shui practice discusses architecture in metaphoric terms of “invisible forces” that bind the universe, earth, and humanity together, known as qi.

There is no replicable scientific evidence that feng shui’s mystical claims are real, and it is considered by the scientific community to be pseudoscience.

Historically, feng shui was widely used to orient buildings—often spiritually significant structures such as tombs, but also dwellings and other structures—in an auspicious manner. Depending on the particular style of feng shui being used, an auspicious site could be determined by reference to local features such as bodies of water, stars, or a compass.

fengshui

House owners typically believe that a home is where they shall live and function throughout their tenure. Therefore, it has to be ‘spiritually’ compatible with their energies, making sure the house is free of bad ‘qi (氣)’ that could potentially inflict unwanted events to happen to the family. Hence, most of these home buyers would consult a master (feng shui sifus) to ‘feel’ the house and probably recommend certain adjustments before moving in.  Some would even suggest abandoning the purchase altogether. We will get to that later.

As mentioned earlier, most of us do not know much about feng shui. The rituals are passed on from generations and word of mouth. There could be certain coincidental cases where either a home owner suffered a sequence of bad events throughout or the exact opposite with the help of feng shui, and it became an omen to the rest that one should heed the belief against their ‘八字 – birth profile’.

There are many things revolving around feng shui and it is a complex representation of the Ying and Yang that one believes that would interconnect them with the forces of nature and relate them to one another.

A very basic understanding usually involve not having the toilet/washroom right opposite the stove/cooking area, placing bed(s) fronting the door or bathroom, having too many electrical items in the bedroom and so on..  But these are just the tip of what feng shui is all about. Even the cardinal directions of the house also play a part of good and bad feng shui for some. Really, as long as one believes in it, almost anything and everything poses a question to compliment its feng shui.

As a real estate agent, I don’t dwell too much on feng shui but sometimes, we do encounter stuff like this and mostly it doesn’t end up well for us (LOL). Some buyers or even tenants are particularly particular about whether the house is ‘harmonious’ with them and thus, a need to ‘feng-shui-lized’ the place before any transactions take place.

dd771b5414da5d26b595e79093bede3e

For instance, recently we encounter a buyer who did a last-minute pull out from a purchase due to a bad review from his ‘reliable’ sifu. We also don’t really know why this was not performed before he placed the deposit for the house but in the end, the deal fell through. What actually happened u ask?

Well according to the sifu, the said house was not suitable for the buyer. That was the first hit. Why? The main entrance to the house is not perfect in feng shui sense. And it is not grand enough for incoming guests. Second, the kitchen is not spacious enough as it serves as an outlet for ‘food distribution’ around the house. Thirdly, the master bedroom ‘rest area’ (the bed area) is smaller than the ‘work area’ (wardrobe and shower area) which represents the owner toiling more than having his deserved rest.

Fourthly, the house is practically poor in its ‘qi’ distribution around the house. This is not a great ‘feature’ for wealthy businessmen – having bad ‘qis’ flowing around the house.

The final blow was that the house is facing a common pool. And according to calculations, the pool signify a potential ‘桃花運 – luck in love’ to the owner. Which again, does not bode well with the overall prosperity aura of the house to its wedded owners.

There you go. Deal off. Probably I may sound a little sour over the whole saga but say what you like. When negativity is uttered even in its slightest form bearing no solid proof that the house has no connection whatsoever with the potential owner,  it is also best said that our luck left us right there and then. It is cold and it is harsh, but when unseen forces come to play, we can only acknowledge the cruel end and be subdued by those who claim to foresee irrelative events, which also translates to their income with no remorse to their predictions, over other’s fortune.

Nevertheless, feng shui masters/sifus will always be in demand for some and they will strut their stuff when called upon.  And we agents, we can only do our part and to be as professional as we can and make sure our clients deserve the best home and the one that ‘complement’ them the most!

What is my 八字 again…? LOL


Feng shui quote courtesy of https://en.wikipedia.org/wiki/Feng_shui

Rhombus Bangsar – Luxurious defined

Was at Bangsar late Thursday evening for a viewing with a British expat. This time, it was the Rhombus, Bangsar. For those who are not familiar with this development, it is actually located along Jalan Penaga next to The Cascadium. It is one of Benéton Properties’ pride in Bangsar after their well received ‘Bangsar Peak’.

Do take a look: http://rhombusbangsar.com/

The building is one of the most contemporary and stylish ones you’ll see around the area. It is nothing short of looking imposing and the dark themed architecture made it looked almost like a modernised version of Barad-dûr tower from LotR : The Two Towers. The sharp and planate feature of the building also did enough to distinguish itself from the rest of the condominiums around it.

There are 25 units across 13 storeys. Yes, a PH on the 13th for the big boss. Rhombus is not one of those typical condominiums around Klang Valley where you can have multiple owners from the units. This is a not-for-sale establishment and the to-let can only be managed through Benéton Properties themselves. The rental starts at RM17,000 and goes up according to the level. Most of the units offer 180 degrees of KL view and it’s remarkably close to BSC (Bangsar Shopping Complex). A very good location for expats indeed.

Myself and the tenant were particularly impressed with the workmanship of the building and its finishing from each of the units we managed to view.  The lower level units are fitted with a more light-colored theme fittings and cabinets whereas the higher ones are with darker themed furnishing.  It also comes with an extra huge balcony, probably 10′ X 20′?. And oh, my tenant preferred the lower units.

She and the hubby would be back again soon to finalise the rental as they need to make an urgent trip back to the UK this weekend. Well, we will arrange the necessary and when they are back, we will be ready to conclude another rental for a satisfied tenant!

On a quick note, Rhombus also won itself the 2013 Malaysia Institute of Architects Gold Award (Multiple Residential, High Rise) and the 2014 FIABCI Malaysia Property Award for Building of the Year (Residential, High Rise).