Seasons Garden, Wangsa Maju - part 2
I had some friends over for lunch and one of them said he was interested to check out the Seasons Garden showroom later. So we toddled off to have a look around 4pm today.
[Unfortunately, I didn't take a brochure because I was a bit dazed from cooking all morning and having a rather strong cocktail for lunch! hee hee]
Anyway, the showroom has 3 layouts on show - as usual, loads of floor to ceiling mirrors to trick the eye into thinking it's a lot bigger. Not to mention, good looking finishes that would probably set you back 20% of the purchase price! i.e. yours ain't gonna look that good.
Salient observations:
Pro:
- high ceilings
- 3+1 rooms for the 850 sf and 900 sf units, the plus-one is a little study nook, which is ok
- pretty decent, functional layout
- has an interesting central garden feature: some greenery is always nice
- KLCC view for those who want it and unlikely to be blocked
Con:
- small rooms (could be a pro, you don't need much furniture, just the basics will do)
- super dense: 1,500 units in all, OMG think of the congestion!
- only 1 car park, extra one is RM25,000
- leasehold but in this day and age, and it is within DBKL; who cares right? (well, I still do..)
From what I saw on the board, about 55% sold.
Prices are reasonable as mentioned in my earlier post.
Snob factor: ok, I have to admit, the crowd of interested buyers there were a bit more on the lower middle class or very young (some 20-somethings there); I saw some big families checking out the place and I'm like, can fit or not? Aiyo... 900 square feet for a growing family?
But then again, it would be a much more conducive environment with the enclosed facilities, security et al, if they are currently staying in flats or something... what? I'm just sayin'..
[#sorrynotsorry it's my blog after all]
So, buy or don't buy?
BUY - if you are first time buyer, young exec type looking for a bachelor pad; the value will appreciate but not by much, honestly. Because the area is pretty much working-class, so you know...
Also, BUY if you are a family looking to upgrade a bit for security and facilities for the kids; I'm not being condescending here but if you're living in a pangsapuri or in a run down area now and you can afford this place, then GRAB IT.
DON'T BUY for quick flip - this place looks like it's going to be a family, own stay kind of place.
50-50 on buying for rental - this place is not within walking distance to the LRT, although only a very short bus ride. If there is a moderate number of investors here, given the high density, it is likely to drive down the rental you can charge - hence, the returns may not be worth it for the hassle. But that is your own decision. Personally, I wouldn't. But it is feasible if you can afford to dump in a lot of equity.
Overall, from the showroom - I would say that the developer is positioning it correctly for the area that it is in. The price is bearable for the layout and whatnot.
It is not to my preference but I think it makes a decent starter home or upgrade home for those living around the area and would like a nicer environment.
[Unfortunately, I didn't take a brochure because I was a bit dazed from cooking all morning and having a rather strong cocktail for lunch! hee hee]
Anyway, the showroom has 3 layouts on show - as usual, loads of floor to ceiling mirrors to trick the eye into thinking it's a lot bigger. Not to mention, good looking finishes that would probably set you back 20% of the purchase price! i.e. yours ain't gonna look that good.
Salient observations:
Pro:
- high ceilings
- 3+1 rooms for the 850 sf and 900 sf units, the plus-one is a little study nook, which is ok
- pretty decent, functional layout
- has an interesting central garden feature: some greenery is always nice
- KLCC view for those who want it and unlikely to be blocked
Con:
- small rooms (could be a pro, you don't need much furniture, just the basics will do)
- super dense: 1,500 units in all, OMG think of the congestion!
- only 1 car park, extra one is RM25,000
- leasehold but in this day and age, and it is within DBKL; who cares right? (well, I still do..)
From what I saw on the board, about 55% sold.
Prices are reasonable as mentioned in my earlier post.
Snob factor: ok, I have to admit, the crowd of interested buyers there were a bit more on the lower middle class or very young (some 20-somethings there); I saw some big families checking out the place and I'm like, can fit or not? Aiyo... 900 square feet for a growing family?
But then again, it would be a much more conducive environment with the enclosed facilities, security et al, if they are currently staying in flats or something... what? I'm just sayin'..
[#sorrynotsorry it's my blog after all]
So, buy or don't buy?
BUY - if you are first time buyer, young exec type looking for a bachelor pad; the value will appreciate but not by much, honestly. Because the area is pretty much working-class, so you know...
Also, BUY if you are a family looking to upgrade a bit for security and facilities for the kids; I'm not being condescending here but if you're living in a pangsapuri or in a run down area now and you can afford this place, then GRAB IT.
DON'T BUY for quick flip - this place looks like it's going to be a family, own stay kind of place.
50-50 on buying for rental - this place is not within walking distance to the LRT, although only a very short bus ride. If there is a moderate number of investors here, given the high density, it is likely to drive down the rental you can charge - hence, the returns may not be worth it for the hassle. But that is your own decision. Personally, I wouldn't. But it is feasible if you can afford to dump in a lot of equity.
Overall, from the showroom - I would say that the developer is positioning it correctly for the area that it is in. The price is bearable for the layout and whatnot.
It is not to my preference but I think it makes a decent starter home or upgrade home for those living around the area and would like a nicer environment.
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