Malaysia Real Estate

Evie · Joined: 13 Oct 2004 Posts: 12

Hi,
Me and my husband are planning to get a condo of our own.We come across a newly launched project-service condo expected to complete in 2006, which is called Koi Tropika in Puchong.The package offered was valued for money.The only concern now is that we haven't heard of this developer before (Utararia Development Sdn.Bhd).We need your advice on how secure for us to invest in this property and it'll also be great if you could provide me with the background/portfolio of this developer and projects undertaken by them previously.Could you please advise also whether it'll be profitable to invest in it.Thanks.

P/S:Could you please forward the reply to my e-mail at eviegoh80@yahoo.com.

Best Regards,
Evelyn

koi · Joined: 18 Oct 2004 Posts: 123

I am a buyer of Koi Tropika. If you decided to purchase, please keep in contact.

Their previous project was Taman Mas Puchong which almost completed.

Thanks.

boy1145 · Joined: 25 Oct 2004 Posts: 3

If you dont mind that it is in puchung (mining land) and the traffic jam i think its ok. Just make sure you are comfortable with your investment. and check the agreement closely. All sales and Purchase agreements defer slightly

maan · Joined: 15 Nov 2004 Posts: 4

i am the buyer also, phase 3. hope that everything going just fine.

koi · Joined: 18 Oct 2004 Posts: 123

Hi Maan, I am phase 1 buyer. Can we keep in contact?

hmsim · Joined: 23 Dec 2004 Posts: 1

Hi All,

My fiance and I planning to purchase a unit in Koi Tropika. The only thing is because the price is reasonable and I don't mind is in Puchong as its not far from Subang which I stay in currently. I wonder what would be your advised whether worth an investment. Are they still available unit left?

I never heard of this developer before, therefore need to find out before I plan to dump the money in. At the beginning, we are planning to get one unit to stay in but not sure whether is a good to re-sell it out later. Any advise?

Appreciate all your comment and advise. Do forward it to my takahashi_desmonn@yahoo.com.

Look forward on your feedback.

Thank You.

Cheers,
Desmond

whynmy · Joined: 08 Dec 2004 Posts: 130

Please take a look at Taman Mas Sepang (near Putra Prima before deciding). It's developed by the same developer under different name (same cat, different skins - so to speak)

tiger · Joined: 15 Oct 2005 Posts: 5

Any comment about koi tropika, it is my first time in buying property. How about the location fo this propject and the finishing of the condo? The developer give a very good pakage to the puchaser. Smile

cblee · Joined: 31 Oct 2005 Posts: 219

I passed there few times which Koi Tropika construction is ongoing. It is OK and the pace is good. However, the color scheme and design doesn't look pleasing at all. It is horrible for the color combination.

The traffic will be improve with widening Puchong road to 4 lanes.

cheongzai · Joined: 13 Sep 2005 Posts: 216 Location: PPDI in future!!!

May i suggest that look carefully to the floor plan and compare to their showroom.

Malaysian · Joined: 04 Sep 2005 Posts: 140

I also liked the location, not too deep in Puchong and still freehold. But the fact that it was a serviced condo put me off.

maan · Joined: 15 Nov 2004 Posts: 4

i afraid it is not a freehold property

Pai · Joined: 28 Aug 2005 Posts: 870

how much is the unit?mantainance fee? leasehold or freehold?

spyweb · Joined: 11 Oct 2005 Posts: 155 Location: USJ

How many units all together? What is the price?

Yeeha! · Joined: 12 Oct 2005 Posts: 475 Location: peejay

.://..hba.org.my/news/2004/804/serviced.htm

"The Choy Fook Onn & Sons Realty, through its unit Utararia Development Sdn Bhd, is creating a Japanese garden with a large Koi pond in its Koi Tropika serviced condominium in Puchong.

Its Phases 1 and 2 had been fully sold. There are two 10-storey and two 20-storey condominium blocks and two shop office blocks. The units are priced from RM115,920 with built-up areas of 846 sq ft to 1,188 sq ft. The phase 3 block launched in April was about 80% sold early this month.

Many buyers were attracted by the 10% rebate and free items, including a parking bay worth RM5,000, imported kitchen cabinet, lighting fittings and fixtures, two air conditioning units, iron grills at the entrance and dry yard, plaster cornices for living, dining and rooms, water heater, shower screens for bathrooms, ceramic tiles for dry yard, and ceiling fans for two bedrooms. "

Yeeha! · Joined: 12 Oct 2005 Posts: 475 Location: peejay

.://..chinapress.com.my/topic/property04/?sec=2005-03&art=0320pro.txt&title=mar2005.txt

Yeeha! · Joined: 12 Oct 2005 Posts: 475 Location: peejay

Its leasehold...

.://..iproperty.com.my/property/newconstruction/newpropertydetail.asp?pid=443

spyweb · Joined: 11 Oct 2005 Posts: 155 Location: USJ

Wow, so attractive! Are you 1 of the owner Yeeha! ? For own use or investment?

Question · Joined: 22 Jul 2005 Posts: 171 Location: Klang Valley

Well, leasehold and serviced-condo. Not encouraging.

But i guess the furnishings and the attractive layout and also the seemingly affordable pricing are the good points.
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Who questions the Question?

andromedia · Joined: 13 Dec 2005 Posts: 266

Hi there... I'm new to this forum. In fact, this is my very first post.

I am a buyer of Koi Tropika and I just purchased my unit recently. I have bought a unit in Block A.

Now, since I am a new house owner, there are a few things in which I am unsure of. I hope there would be someone here kind enough to explain them to me.

1. What does it mean by "serviced condominium"?

2. What is the difference between a normal residential condominium and a serviced condominium?

3. Leasehold 99 years means the land is on lease by the goverment for 99 years. Now, it is renewable by the end of 99 years by applying for extension. This is common for areas in Petaling Jaya. Has anyone had their property re-newed before, or knew anyone whom has renewed their property?

By the way, if there should any other buyers of Koi Tropika here, please do stay in touch. This would be great for us to get to know more about each other, our newly purchased property and exchange informations.

Good day there... (",)

andromedia · Joined: 13 Dec 2005 Posts: 266

...::: double-posted:::...

Yeeha! · Joined: 12 Oct 2005 Posts: 475 Location: peejay

spyweb, Sorry...i just saw your post, i didnt buy Koi Tropika... just that I was interested in the forum Razz

maan · Joined: 15 Nov 2004 Posts: 4

is the project running fine? recently there is accident right?

andromedia · Joined: 13 Dec 2005 Posts: 266

Yea... there was an accident recently at Block C on Nov 27th. But the authorities found out that it was purely an accident and work has been resumed...

koi · Joined: 18 Oct 2004 Posts: 123

Hi,

Block A and B are currently undergoing exterior paint work. Block C progress very fast!! Unbelieveable.