STRATEGIES FOR COMPLETED UNSOLD UNIT (SKY AWANI 2 TOUR)

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Күн бұрын

Shout-out to www.easy-home.my/ for letting me visit their latest completed home. Do contact them for more info=)
In this period of time, there are a lot of unsold units that are completed in the market. This created an opportunity for buyers to examine the exact condition of the property before making a decision to buy them, may it be for investment or own stay.
The main difference between a new projects versus a completed one would be the certainty on the common areas such as the facility deck, corridor, lifts, security features and etc. Now we get to gauge everything while still enjoying the marketing packages offered by the developer.
In this tour, I've broken down all the considerations that I myself would make before deciding to purchase. Elements such as traffic, orientation, neighbouring facilities, and etc will be considered.
I've also explained the difference between the intention of buying for own stay and investment along with the strategy of furnishing the unit.
This episode is rather all around the place but I hope you guys can learn something=)

Пікірлер: 117

@afiqarman990 3 жыл бұрын

wow, you are the best! Thank you, I really taking notes on the things that you said

@iherng 3 жыл бұрын

I'm glad to know it's helpful. Thanks for sharing lucky 😊

@amoamo5041 3 жыл бұрын

Wow! That’s awesome reviews! Really like it 👍🏻👍🏻

@iherng 3 жыл бұрын

Glad you liked it Amo!!

@aeroline11 3 жыл бұрын

Good review. Btw there was one good selling point where there is a very huge Klinik Kesihatan which newly operated on 2nd Nov. It takes only 5 minutes to walk over, don't drive coz it takes longer than walk. Another good selling point is 500m away there was a huge metropolitan park. In fact this Sky Awani 2 location outran many RM 500-700k condos. I live around this area and this project is certainly worth of money.

@saravananmoorthy5674 2 жыл бұрын

Ermmm. Its not bad, but still dont outright open market products. A good thing is that there is a MRT 2 nearby. Not walkable.

@Rakshit-thakur 3 жыл бұрын

I think this kind of is the best scenario for people to get a feel of the environment outside the project and also what they are getting into. Some people can not always visualise how things will be unless they see it. Also project developers promise a lot of things regarding how things will be even when they are clearly outside their control like land development around the project in future years.

@greathobby2881 3 жыл бұрын

Hi Sean thanx for doing Skyawani tour. Great that u are so honest in all the comments. Would u do one tour for Seasons Garden Residence? Thanx

@iherng 3 жыл бұрын

Let me try arranging yea. Thanks for watching Lufias=)

@hasics94 3 жыл бұрын

Great information, thanks Sean

@iherng 3 жыл бұрын

You're most welcome!!

@vineshrajoo2805 3 жыл бұрын

Thanks for this informative video. You should start a new segment about visiting or revisiting projects with unsold units. Can really help us to negotiate for a better deal.

@iherng 3 жыл бұрын

Haha. Unless I have massive following of buyers who are ready to buy, I doubt I can get better deals compared to the market. But that's a great idea!!

@popoterr2490 3 жыл бұрын

Thanks for sharing your opinions and knowledge

@iherng 3 жыл бұрын

Thanks for watching Popo=) I really appreciate it!!

@popoterr2490 3 жыл бұрын

@@iherng actually many people interested in buying properties but we dont even know how and lack of knowledge, besides scared to be cheated..so with this sharing session give us more confident to ask the agent and take another steps..thanks again, hope u can review more new project and subsale unit around kl and selangor..tqvm

@jazlichelseafutera12 2 жыл бұрын

Really great advice esp for a newbie like me

@iherng 2 жыл бұрын

Hopefully it's helpful yea J Lo=)

@niensian 3 жыл бұрын

Awesome tips.

@hocklaikhor8353 3 жыл бұрын

very very good information. Tks

@iherng 3 жыл бұрын

Glad it was helpful man!!

@mountainguy4710 3 жыл бұрын

Excellent video.

@iherng 3 жыл бұрын

Thanks for watching mountain!!

@budakjahat1984 3 жыл бұрын

Very informative..

@stevenyeow9900 3 жыл бұрын

Now is the best time to buy completed unsold developer unit if you're looking for immediately move in property as you'll get to enjoy the HOC benefit, but do bear in mind for completed unit, your financing amount with bank is subject to market valuation. Sometimes bank valuation can be lower than what the developer is selling us hence you'll need to make up the gap and will need to pay more than the usual 10% downpayment. Oh ya, you'll need to pay for the valuation fees too. :)

@hypealittlebit3710 3 жыл бұрын

@Moan Client A takes more years to exit on said property while client B takes less. Time is more valuable most of the time. Plus, client B's entry price is lower so there's that. With that being said, investing in completed unsold units are definitely for people with stronger financial background, not for the novice.

@stevenyeow9900 3 жыл бұрын

@Moan With HOC, it does make a difference. You can save on your progressive interest since it's a completed unit, you can save on your legal fees, stamp duty for loan documents as well as Memorandum of Transfer (MOT). No doubt Client B might need to pay more downpayment, but it does help to reduce his monthly repayment. Meanwhile for Client A, he'll need to fork out extra cash 2 years after VP to pay the MOT, which is on top of his repayment.

@HarpreetKaur-zr1hf 3 жыл бұрын

Good job. Can you please review Tamansari camelia unsold units please

@Vapour85 3 жыл бұрын

Hi Sean! Thanks for the great vids. I have a qn..for completed unsold units, does it make sense to push for bigger discounts esp with the HOC now? Tks!

@iherng 3 жыл бұрын

Well, ultimately the seller, which is the developer who has the last say of the price. Thanks for watching vapour=)

@muaznoordin3740 3 жыл бұрын

Hi Sean, great video as always..may i know what colour name of the timber flooring use? Thanks in advance

@iherng 3 жыл бұрын

I think it's mahogany if not mistaken. This is me guessing yea hahaha. You can check with the team at easyhome for more info=)

@helmiaziz3464 3 жыл бұрын

Hi bro, maybe can have a quick review on Skysanctuary.. what's your opinion?

@jamiehuey1809 3 жыл бұрын

Thanks for sharing the useful info for those first time buyer like me really appreciate much on your pertinent opinion. May i know what the sqf that u viewing in this video ?

@iherng 3 жыл бұрын

I think it's around 900 sqft if not mistaken. Thanks for watching Jamie!!

@meiyin7400 3 жыл бұрын

Great information, thanks Sean! Just wondering how would we be able to find unsold units?

@iherng 3 жыл бұрын

I think there's always calling the developers directly. Or you can keep a look for the project's advertisement when they have units for clearance:) Thanks for watching Yan!

@meiyin7400 3 жыл бұрын

@@iherng thanks for your reply and noted! Keep up the good work and can't wait for more reviews from you :D

@ivanng6877 3 жыл бұрын

Hey Sean! Great points to take into consideration. Could you do a review on Petalz Residence by Exsim?

@iherng 3 жыл бұрын

I'll see what I can do yea. Thanks for watching Ivan=)

@yongchristopher8080 3 жыл бұрын

Hi Sean, just curious that unsold developer unit also entitle 2 years DLP / warranty? Any housing law govern on this?

@iherng 3 жыл бұрын

I think it only ties to the completion date of the project. Because it wouldn't make sense if the developer provide 2 years DLP after the project being completed for 4 years for eg. Hence I think it's up to individual developers to provide without any government enforcement.

@afzallatif9093 3 жыл бұрын

Where to find all available unsold properties? Any available properties in Sky Awani 2 or 3?

@yk5095 3 жыл бұрын

Whoa! Sky awani II from Skyworld located near Jln Ipoh & Gombak. Is that true RM44k for whole unit renovated like in the video with furniture everything included except the Kitchen?

@iherng 3 жыл бұрын

Yes YK. I've confirmed multiple times too hahaha 😂

@trishariff5993 3 жыл бұрын

@@iherng hey i wanna know if it's still available

@zakisahlani6101 2 жыл бұрын

Hi Sean, skyawani 2 is mainly ON RUMAWIP scheme rite? I wonder how much the price for these completed unsold unit is... The total renovation of 44k is acceptable

@awphenmeiserm2211 Жыл бұрын

Hi Sean, any chance u will make a review to Edgewood or rather the skysanctuary?

@iherng Жыл бұрын

No plans yet but let me see what I can do. Thanks for watching. Do subscribe to the channel yea=)

@awphenmeiserm2211 Жыл бұрын

@@iherng Thanks for the reply! Already subscribed to ur channel and followed ur ig ya, but since u say so i will follow mai ur fb 😁

@azlanmohaideen1137 3 жыл бұрын

For completed unsold units, must developers offer the exact same discounts as those given to purchasers during sales launch / project construction period? For example, cash rebates, free 1 year maintenance fees and other special discounts? Also, where can I find a listing of newly completed unsold projects?

@hypealittlebit3710 3 жыл бұрын

I guess rehda could have the exact listing for completed unsold units but its not accessible to the public. I would say engaging experienced property agents is a good start.

@iherng 3 жыл бұрын

Great question Azlan. Developers are not obligated to offer the exact same packages before there are cases where the sales became good after the building is completed. They will also need to take care of the previous buyer's interest. Well you can always call in to ask on units availability :)

@alfathamran2534 3 жыл бұрын

Hi Sean, would live if you dk a review for ioi CLIO 2

@iherng 3 жыл бұрын

I will try to put it into my schedule yea=) Thanks for watching!!

@THeCrEw-vg6le 3 жыл бұрын

Next Sky Awani 3 & Sky Awani 4.. 😁😁

@hfz428 3 жыл бұрын

now got SkyAwani 5 hahah

@shazwanzafran2494 3 жыл бұрын

How much this cost total renovation like this estimation?

@muhammadjohanifmuizjoha7078 3 жыл бұрын

Is that wallpaper that looks like wood? Looks good sean

@iherng 3 жыл бұрын

It's a great job done by my team. Shout-out to them:)

@ElanceMe 3 жыл бұрын

Bro can you do a review in penang batu kawan property such as Suasana@utropolis, as i heard those area are being develop for future industrial zone

@iherng 3 жыл бұрын

I'll try my best to arrange yea. Thanks for watching Ping Lin=)

@ElanceMe 3 жыл бұрын

@@iherng appreciate bro😎

@yuganesansandran5646 3 жыл бұрын

Hi Sean, how much would it have roughly cost if the kitchen portion was also included?

@iherng 3 жыл бұрын

Erm, I think that kitchen would be around RM 10k-12k by itself. Because the hinge mechanisms are pretty high quality=)

@orenezzre1990 3 жыл бұрын

The surrounding sound like wind blower & people hammering quite distracting. Wondering, are you forget to put the fluffy thingy / dead cat?

@iherng 3 жыл бұрын

Nope. That's the sound after filtering... noisy right?? Hahaha=)

@orenezzre1990 3 жыл бұрын

Damnn thats noisy

@DDTTDDTT 2 жыл бұрын

Is this a RumaWIP afaik , ? SkyAwani 1 was located at Sentul .SkyAwani is one of its kind too.

@tituschoong 2 жыл бұрын

Can review sky sanctuary Edgewood ?

@ridarxatus3297 3 жыл бұрын

hi sean , u mention that for this house renovation cost around 44k , does it include furniture and stuff like sofa ,air cond , fridge & etc , or just only for the renovation cost like flooring , painting & etc , and mention that the owner find separate contractor for the kitchen , so does the 44k renovation include kitchen renovation or separate out ? thanks man

@iherng 3 жыл бұрын

Yes it does include everything your mention including the electrical appliances besides the kitchen. But for more clarity, do contact my team for any queries. Tell them you've seen this video and they'll know how to help you=)

@ridarxatus3297 3 жыл бұрын

okay , noted , thanks bro 👍

@maylaimaylai4033 3 жыл бұрын

Hi Sean..tq for yr video,屋子装修很温馨，如何可以找到这个装修的公司呢？谢谢Sean

@iherng 3 жыл бұрын

可以浏览 www.themakeover.my/ 了解更多详情。如果有兴趣，可以用PROMO CODE #SEANTANMAKEOVER以得到特别优惠高达RM5000。

@maylaimaylai4033 3 жыл бұрын

@@iherng 谢谢！

@heickjack6199 3 жыл бұрын

Hi.wonder if you have any planning to have a review/visit to Cerrado, Southville City, wanted to know what is your comment for the new vp condo😄😄

@naqiuddinkamal4331 3 жыл бұрын

Southville not yet completely sold out. Mostly the balance unit are on CD

@heickjack6199 3 жыл бұрын

@@naqiuddinkamal4331so far i saw from cerrado, quite numbers been sold, but no ppl move in yet. 😅

@aeroline11 3 жыл бұрын

Southville City is so far from KL and there are many owners complain the location and very bad for second hand market.

@naqiuddinkamal4331 3 жыл бұрын

@@aeroline11 agreed. And high dense also. Very slow capital appreciation.

@ankllkmjd2 3 жыл бұрын

Is this considered as undercons unit or subsale? Can nego some more ah?

@iherng 3 жыл бұрын

This will be considered as new project sale as you'll be buying directly from the developer. Hence it's entirely up to them on the marketing discounts. Anyway, thanks for watching!!

@kenny2399 2 жыл бұрын

Hi! Sean..........do you know what is the height of the ceiling for this unit?

@iherng 2 жыл бұрын

If I can still recall it's around 2.8m if not mistaken haha.

@kenny2399 2 жыл бұрын

@@iherng ........I guess it's a standard height but thanks Sean, i appreciate it 🙂 👍

@dinghao630 3 жыл бұрын

可不可以也介绍下装修的东西呢？比如材料多少钱，怎么找装修公司，设计，材料，人工大概多少等。我知道装修的幅度很大，要看装修多豪华，但也想先简单了解些。谢谢

@kokwei5525 3 жыл бұрын

基本上，装修来讲，贵不贵是看你用什么木，通常是chipboard, hardboard, plywood 或 solid wood

@syafiqzailan 3 жыл бұрын

does make over guys do the cabinets in the room?

@iherng 3 жыл бұрын

Yes we have, especially for own stay usage. As for investment purposes, we tend to propose loose type due to budget constraints. Thanks for watching Syafiq!!

@kaifahalas2 Жыл бұрын

maintenance fee is.... ?

@user-vz3rm6is2v 3 жыл бұрын

Is this a collaboration between easy home and makeover guys?

@iherng 3 жыл бұрын

Nope. Easy home is a separate team that tackles own stay customers, and The Makeover Guys help investment oriented customers.

@gudguy1745 3 жыл бұрын

Hye Sean. Bro sky awani 2 still got unsold? I ask dev they said all sold

@iherng 3 жыл бұрын

I'm not too sure as I'm not part of the sales team. But it's great news to the residents that it's fully sold!!

@9847Nick 3 жыл бұрын

Bro, I thought you sold off your Swift ? driving the Ioniq

@iherng 3 жыл бұрын

This was the transition stage hahaha=)

@ngmunhoe7809 3 жыл бұрын

hi sean, i jus vp, can you do a property review for my property at seri wahyu🙏🏻🙏🏻🙏🏻

@buharinasda8201 3 жыл бұрын

Brp total renovation rumah.. Nmpk menarik

@iherng 3 жыл бұрын

Boleh tanya kat FB page The Makeover Guys untuk lebih matlumat lanjut ya. Gunakan promo #seantanmakeover untuk lebih diskaun juga hahaha=)

@hypealittlebit3710 3 жыл бұрын

Buying completed unsold units from developer is a great choice, provided you have the cashflow for it. Why? Because almost all of the new projects, don't matter they are completed or not, have their prices inflated already, and the banks may not see eye to eye with the valuation. Thus, completed units may have lower valuation in the eye of the banks and thus, you will need to fork out downpayment to fill in the remaining balance. Its easy to say buying completed unsold units is great but its not realistic to expect buyers need not to have enough savings. With the spending behaviors of Malaysians, safe to say 70 to 80% of us are not saving enough money, let alone buying properties. All in all, buy within your means. If you don't have a big head, don't wear a big hat.

@iherng 3 жыл бұрын

Your case implies that the property price is way above the valuation. Well, that's not necessarily the case but that's a great point to share. I absolutely agree that we should never buy something beyond our means. Thanks for watching Hype=)

@hypealittlebit3710 3 жыл бұрын

@@iherng I wouldn't say "way above" but its certainly up there. Its not rare that banks still provide loan amount based on the selling price of developer which is the best case actually. Worst case, buyers just need to fork out tens or hundreds of thousands. Thanks for your insightful videos, cheers!

@hypealittlebit3710 3 жыл бұрын

Developer purposely marked the price, so you are probably paying for the appreciated price of the property for the first 10 years(just an example). Yes, to them, time is slightly more valuable than money, they earn what's there to earn for the first 10 years(again, just an example), get the money and buy more lands. If your loan tenure is 35 years, then your appreciation only counts for 25 years instead of 35 years when the property is not wholly yours in the meanwhile. 10% to 15% increase is just extremely optimistic, not saying it couldn't happen but there are a lot of variables to gauge, like entry price, holding duration, development trend, etc. My best property investment is in Kuching actually, double storey landed house, 8% appreciation yearly for 10 years. Not intended for investment initially but hey, it's a bonus haha.

@hypealittlebit3710 3 жыл бұрын

@Moan Nah I'm just a part time real estate agent, been working for 3 years in this sector on and off.

@hypealittlebit3710 3 жыл бұрын

@Moan Property buyers can still invest but without enough cashflow, it's tough. Also, most of the property buyers do not think of exit strategy when buying which is a big no no. Email me at alittlebitofhype@gmail.com if you want to discuss more.