Vista Residence Homestay Genting Highland Review – My 4 Days 3 Nights Stay

Again we went to Genting Highlands for our short relaxing vacation together with my parents. My parents for quite some time didn’t go to Genting Highlands.

This time we stayed at Vista Residence near to Petron petrol station and Starbucks.

The condo looks luxurious from outside. Even the unit itself feel luxurious. Internet YES was provided at the unit I stayed but it was quite slow. I think generally in Genting Permai, the internet it not that good.

Bedrooms

I stayed in 3 bedrooms unit with 2 queen beds and one single bed. It is suitable for guests of 4 adults and 3 kids. The bedrooms doesn’t provide night lamps so it was really dark hard to go to the toilet in the night. So I had to switch on the toilet light and opened a bit the toilet door.

The third bedroom the aircond remote was not working.

The floor is parquet so your feet are not cold due to the coolness of Genting Highlands weather.

Living Room & Veranda

The ceiling fan at the living room was a bit dusty.

It didn’t have shoes rack, so when 7 guests in the unit, the floor looked messy due to the shoes.

It had big veranda but it was a bit dirty because got few cigarettes buds drop from unit above me and the view is not that nice as it was looking towards the highway. You could hear the noise of the highway if you opened the sliding door at the veranda so at the end you can’t get the cool breeze going into the unit.

Bathrooms

For the bathroom, it is not that clean especially on the toilet bowl and the water pressure was quite low for my liking. Beside glass to put your toothbrushes were not provided.

No bidet provided some more!

Anyway the host was responsive when we wanted additional soap because the soap were a little bit only when we checked in.

I went to the gym every morning to have my light exercise. I like the gym because easy to go from the unit.

Swimming Pool

It has lap swimming pool and kids swimming pool with jacuzzi.

The swimming pool was not heated though. It was really cold. But my kids went to the swimming pool anyway.

Parking

Parking was hard to find at first because host just give the parking number. Hard to find it.

When it is raining, you will get wet just to touch the access card to open the parking barrier.

Recommendation

In short, I won’t stay again at Vista Residence due to amenities at the unit is not well thought and water pressure is low.

Besides the swimming pool is not heated.

Location

The Condominium

vista residence genting highland condominium

Entrance To Parking

vista residence genting highland parking entrance

The Facilities

vista residence genting toilet and changing room

vista residence toilet and changing room

vista residence genting common facilities

vista residence common facilities at night

The Room

vista residence genting electric kitchen hob

Midhills Homestay Genting Highland Review – My 2 Nights Stay

Short Vacation at Genting Highlands

We went to Genting Highlands for short relaxing vacation. We needed 3 bedrooms as we have 7 family members, 4 adults and 3 kids.

For our stays, we chose AirBNB because it gives as better room space, kitchen area and better pricing compared to hotels. Furthermore there are lots of new condominium in Genting Highlands.

We have few options to choose for:
1) Geo 38
2) Vista Residence
3) Midhills

We decided to stay in Midhills because it offered best price for 3 bedrooms.

Water pressure at Midhill is superbly good. When you are showering, you feel awesome by the water pressure.

Floor is tiles so a bit cold at nigth.

The unit doesn’t provide aircond only ceiling fan. But Genting Highland is already cold, so you can sleep well at night without the aircond.

The LED TV doesnt have USB port to play my movies inside my external hardisk. It has NJOI and internet. Network coverage is a bit bad here . Only 3G so internet a bit slow.

Recommendation

I recommend MidHills Condominium because it offers:

1) Best value for money
2) The unit I stays is really cozy and provided with lots of simple things but give lots of convenient.

Location

The Condo

The Unit Layout

I stayed inside a unit of 2+1 bedrooms, size of 999 sqft. The third room doesn’t have a wall, so the owner did a sliding door as separator for the third bedroom.

The Unit Interior

Habitus City Of Elmina Review

Habitus at City of Elmina

Last October, 2019, I went to visit sales gallery of Habitus at Denai Alam. It is the first high rise project at Denai Alam predominantly that have landed properties.

Habitus Scale Model

Layout of Show Unit

show unit layout type A - 565 sqft — show unit layout type A – 565 sqft

Show Unit Interior

habitus city of elmina living room show unit

habitus city of elmina show unit bedroom

habitus city of elmina bedroom show unit

Location

Sales Gallery

Property Site

Contact

Tel: 03-2856 3988

Website

Habitus Facebook

IBN Highlands City in Genting Permai

IBN Highlands City in Genting Permai is new residential condominium with commercial area of shop lots and hotel. Hotel is run by Gloria, a hotel management company from China.

The project is comprising of 12 blocks of leasehold service apartments. In the commercial area, it is planned to have cinema which is good if it comes true! The commercial area will be managed by IBN itself which I think it is good to ensure survival and exclusivity of the area.

The project is now selling its second block. First block is fully sold out. Mostly buyers for first block are foreigners from China. The whole project is expected to be completed in 9 years time.

Minimum selling price is over RM1 million before discount.

When I visited the show unit, it was luxurious concept, with bath tub for each unit located at balcony. It is fully furnished from furniture till electrical appliances.

Location

Located in Genting Permai and near to Midhills condominium.

Location on Google Map

In the News

Living in the Highlands by The Star

IBN Corp hopes to establish a foothold in the Malaysian market by The Edge Markets

Investment Opinion

What is my opinion on this property? For me it is targeted for high end clientele and rich tourists. Besides, tourists who wants to experience luxurious living in Genting are also the potential target customers.

So if you are investors you should target these kind of customers.

IBN Genting City with commercial area in the middle

IBN Genting City type B layout dual key show unit

Windmill Upon Hills Genting Permai Management Office Operating Hour

Windmill Upon Hills Operating Hour and Contact Details:

Monday – Friday: 9:00 AM – 5:00 PM
Saturday: 9:00 AM – 1:00PM
Sunday & Public Holidays: Closed

windmill upon hills management office location

windmill upon hills management office at lobby swiss garden

Embayu Damansara West Review

Scale Model

embayu damansara west scale model - swimming pool and planned block C — embayu damansara west scale model – swimming pool and planned block C

embayu damansara west scale model - pond garden — embayu damansara west scale model – pond garden

embayu damansara west surrounding price per sqft

Show Unit with 3 Bedrooms

embayu damansara west show unit - living room 2 — embayu damansara west show unit – living room

embayu damansara west show unit - living room — embayu damansara west show unit – living room

embayu damansara west show unit - dining area — embayu damansara west show unit – dining area

embayu damansara west show unit - third bedroom — embayu damansara west show unit – third bedroom

embayu damansara west show unit - second bedroom — embayu damansara west show unit – second bedroom

embayu damansara west show unit - master bedroom — embayu damansara west show unit – master bedroom

Layout of Type A1

embayu damansara west show unit - layout — embayu damansara west show unit – layout

Price List

Agent Contact

James – 011 3245 9299

Palma Puteri Apartment Kota Damanasara Review

Completion Date	from Y2001*
Launch Price	from RM80k*
Subsale Price	RM330k per unit RM383 psqft (median price as of Y2018)
Asking Rental Price	from RM900 - RM1,400 per month
Maintenance & Sinking Fund	RM55 per month
Assessment Rate (Cukai Pintu)	RM129.60 x 2 = RM259.20 per year
Quit Rent (Cukai Petak)	?
Fire Insurance	RM70 per year
Built Up	from 850 sqft
Land Title	Residential
Tenure	Leasehold
Tenure Expiry	24/07/2106
Total Blocks	4
Total Storey	5
Total Units	400
Parking per unit	Min. 1
Facilities	Playground & multi purpose hall

Location

Address:

Jalan Cecawi 6/6,
Section 6, Kota Damansara,
47810 Petaling Jaya, Selangor

Google Map

Surrounding

palma puteri kota damansara sun direction

Facilities

Unit Layout

Pricing

Asking Price vs Rental Analysis

As of July 2019, average asking price is RM285,000 and average asking rental is RM1,100. (Based on mudah.my)

If take loan of 30 years with 4.5% interest and 10% downpayment, loan installment is RM1,300.

So if buy this property it is negative cash flow of RM200 per month. If include maintenance cost, quit rent and cukai petak, the loss is much higher.

The purchased price for this property is RM240,000 to have break even vs asking rental (only includes loan installment cost).

Transacted Price

For Year 2018, the median transacted price is RM330,000.

Malaysia Property Transaction

I compiled the property transaction by year and subsector for time being is only for residential as I personally only invest in residential property.

Data source is from JPPH.

Total Property Transaction by Volume & Value

Year	Volume of Transaction ('000)	Change in Volume of Transaction (%) year on year	Value RM(billion)	Change in Value (%) year on year
1990	148.20	N/A	15.16	N/A
1991	164.00	10.7	17.32	14.2
1992	168.27	2.6	20.27	17.0
1993	178.05	5.8	22.44	10.7
1994	217.54	22.2	29.70	32.4
1995	251.89	15.8	39.85	34.2
1996	270.53	7.4	48.99	22.9
1997	274.75	1.6	53.21	8.6
1998	186.08	-32.3	27.90	-47.6
1999	225.89	21.4	34.42	23.4
2000	240.06	6.3	41.31	20.0
2001	242.63	1.1	38.63	-6.5
2002	231.39	-4.6	38.64	0.0
2003	243.38	5.2	43.43	12.4
2004	293.21	20.5	59.96	38.1
2005	276.51	-5.7	56.78	-5.3
2006	283.90	2.7	61.60	8.5
2007	309.46	9.0	77.14	25.2
2008	340.24	9.9	88.34	14.5
2009	337.86	-0.6	81.00	-8.3
2010	376.59	11.4	107.44	32.6
2011	430.40	14.3	137.83	28.3
2012	427.52	-0.7	142.84	3.6
2013	381.13	-10.9	152.37	6.7
2014	384.06	0.8	162.97	7.0
2015	362.11	-5.7	149.90	-8.0
2016	320.43	-11.5	145.41	-3.0
2017	311.82	-2.7	139.84	-3.8
2018	313.71	0.6	140.33	0.3

Residential Property Transaction by Volume & Value

Year	Volume	Value RM(million)
2001	176,208	22,199.2
2002	162,269	21,136.7
2003	164,723	23,011.2
2004	195,243	29,295.8
2005	181,762	28,407.3
2006	182,555	29,446.9
2007	199,482	36,490.6
2008	216,702	41,304.0
2009	211,653	41,848.4
2010	226,874	50,654.2
2011	269,789	61,831.6
2012	272,669	67,762.2
2013	246,225	72,060.4
2014	247,251	82,059.6
2015	235,967	73,469.9
2016	203,064	65,574.43
2017	194,684	68,463.23
2018	197,385	68,748.26

Malaysia Residential Property Overhang Statistics for Y2018

Residential Property Overhang for Year 2018 categorized by type of property and value.

Residential Property Overhang By Price Range Y2018

Price Range (RM)	Units	Value RM(million)
Total	32,313	19,861.93
Below RM200,000	4,692	570.02
RM201,000 - RM300,000	7,566	1,829.21
RM301,000 - RM500,000	7,517	2,915.25
Above RM500,000	12,538	14,547.45

Residential Unsold Units Under Construction as of Q4, 2018

Price Range	Terrace	Semi Detach	Detach	High Rise	Low Cost	Others	Total
Percentage	36.67%	7.21%	1.71%	49.74%	1.81%	2.87%	100.00%
Below RM150,000	2,101	291	0	2,754	1,459	279	6,884
RM151,000 - RM300,000	11,932	614	116	14,486	0	399	27,547
RM301,000 - RM500,000	8,735	1,633	344	10,347	0	679	21,738
RM501,000 - RM1,000,000	6,007	1,772	508	10,958	0	921	20,166
> RM1,000,000	809	1,504	411	1,591	0	34	4,349
Total	29,584	5,814	1,379	40,136	1,459	2,312	80,684

Residential Unsold Units Not Constructed as of Q4, 2018

Price Range	Terrace	Semi Detach	Detach	High Rise	Low Cost	Others	Total
Percentange	17.48%	6.80%	1.42%	71.29%	1.21%	1.80%	100.00%
< RM150,000	303	393	0	240	240	0	1,176
RM151,000 - RM300,000	2,353	387	0	8,410	0	101	11,251
RM301,000 - RM500,000	315	199	260	2,405	0	0	3,179
RM501,000 - RM1,000,000	416	286	0	2,753	0	32	3,487
> RM1,000,000	86	86	22	354	0	224	772
Total	3,473	1,351	282	14,162	240	357	19,865

Malaysia Residential Property Overhang

Trend of Malaysia Residential Property Overhang year on year from Y2014 in term of number of unit and value RM(million).

Details Statistics:

Residential Property Overhang Statistics for Y2018

Source:

JPPH Residential Property Overhang Q4, 2018