1. IP addresses are NOT logged in this forum so there's no point asking. Members are encouraged to install GOM or HOLA or TUNNELBEAR for an added layer of protection.

    The SEX forum is HERE so please stop asking.

Austin Heights/Adda Heights

Discussion in 'A Singaporean's guide to Living In JB' started by wuqi256, Mar 22, 2013.

  1. FHBH12

    FHBH12 Alfrescian Old Timer

    Joined:
    Jul 4, 2012
    Messages:
    4,517
    Likes Received:
    37
    Trophy Points:
    48
    Re: Why Austin Hgts price lower than Adda Hgts

    Austin Heights ramps up landbank
    By Shukri Rahman
    Friday, 28 Mar 2014, 12:27 AM

    The Austin Heights group plans to increase its land to 1,000 acres in the next two or three years while continuing to focus on projects in Johor and Terengganu.

    In an interview with FocusM, company management representative in Terengganu Low Wan Cheong says the company has a few hundred acres of land ready to be built on – close to 200 acres in Johor and 100 in Terengganu.

    The privately-held group has more than RM1 bil in projects across the country, mainly in Johor and then Terengganu. For FY ended April 2013, the Austin Heights group recorded a profit-after-tax of RM49.7 mil, on the back of RM168.9 mil in turnover.

    Austin Heights has come a long way from its maiden voyage in the late 1990s with the success in Johor Bahru of the Datin Halimah condominium development project, valued at RM60-70 mil.

    Its flagship in Terengganu is Dataran Austin, a new commercial area in Wakaf Tembesu, 10km north of Kuala Terengganu. Businesses have begun to set up shop in the development; a Mydin hypermarket is under rapid construction.

    While others had seen no potential there, developer Austin Heights (Tgn) Sdn Bhd saw things differently. As in JB, it went after a piece of land that had been auctioned off.

    “People associated the auctioned-off land with drug addicts and the like. They didn’t see beyond that,” Low tells FocusM.
    Austin Heights bought the Terengganu land for RM13.5 mil from bleeding Tropical Veneer when it was auctioned off by KPMG. Low says the company paid RM20 mil, including for conversion and so forth.

    - See more at: http://www.focusmalaysia.my/Assets/Austin-Heights-ramps-up-landbank#sthash.CcjzYNz0.dpuf
     
  2. jleong

    jleong New Member

    Joined:
    Apr 2, 2014
    Messages:
    2
    Likes Received:
    0
    Trophy Points:
    0
    Re: Why Austin Hgts price lower than Adda Hgts

    Hi,

    can anyone advise whether it is advisable to buy seri Austin jade? it was meant for stay..

    thanks
     
  3. austin_hts

    austin_hts Alfrescian Old Timer

    Joined:
    Apr 13, 2011
    Messages:
    297
    Likes Received:
    14
    Trophy Points:
    18
    Re: Why Austin Hgts price lower than Adda Hgts

    Austin Heights II

    IMG_20140507_231533.jpg

    DSC_2298.JPG

    Water Theme Park expected to open end 2014
    DSC_2305.JPG
     
    Last edited: May 7, 2014
  4. FHBH12

    FHBH12 Alfrescian Old Timer

    Joined:
    Jul 4, 2012
    Messages:
    4,517
    Likes Received:
    37
    Trophy Points:
    48
    Re: Why Austin Hgts price lower than Adda Hgts

    The cluster houses are nice looking.
     
  5. kiteman

    kiteman Alfrescian Old Timer

    Joined:
    Apr 19, 2013
    Messages:
    29
    Likes Received:
    4
    Trophy Points:
    3
    Re: Why Austin Hgts price lower than Adda Hgts

    AH.jpg

    Adda Height Grey Stone. Was told VP this month. Can't wait.
     
  6. austin_hts

    austin_hts Alfrescian Old Timer

    Joined:
    Apr 13, 2011
    Messages:
    297
    Likes Received:
    14
    Trophy Points:
    18
    Re: Why Austin Hgts price lower than Adda Hgts

    Austin Height 2 phase Kiara 2 launched. 40x90 semi-d buildup 36xx sqft. $1.58mil before discount.

    IMG_20140524_184126.jpg
    IMG_20140524_184146.jpg
    IMG_20140524_184222.jpg

    IMG_20140524_192033.jpg
     
    Last edited: May 24, 2014
  7. AHGS14

    AHGS14 Alfrescian Old Timer

    Joined:
    May 13, 2014
    Messages:
    306
    Likes Received:
    6
    Trophy Points:
    18
    Re: Why Austin Hgts price lower than Adda Hgts

    Indeed, I was asked to arrange for key collection with final payments. Did you buy Greystones?
     
  8. potter

    potter Alfrescian Old Timer

    Joined:
    Oct 3, 2012
    Messages:
    2,693
    Likes Received:
    34
    Trophy Points:
    48
    Re: Why Austin Hgts price lower than Adda Hgts

    one of e malay SA v cantik...chio .wifey also kee kiu. :D
     
  9. FHBH12

    FHBH12 Alfrescian Old Timer

    Joined:
    Jul 4, 2012
    Messages:
    4,517
    Likes Received:
    37
    Trophy Points:
    48
    Re: Why Austin Hgts price lower than Adda Hgts

    Abt 70% sold out of roughly 90 units released. That is very good sales at these prices of phase 1 $888k RM n phase 2 $968k RM. Anyone bought can share more details?
     
  10. malpaso

    malpaso Alfrescian Old Timer

    Joined:
    Jun 18, 2013
    Messages:
    2,759
    Likes Received:
    37
    Trophy Points:
    0
    Re: Why Austin Hgts price lower than Adda Hgts

    wa kao seem like everyone go check out kiara 2 launch this week ???
     
  11. malpaso

    malpaso Alfrescian Old Timer

    Joined:
    Jun 18, 2013
    Messages:
    2,759
    Likes Received:
    37
    Trophy Points:
    0
    Re: Why Austin Hgts price lower than Adda Hgts

    heard 888k cluster not so good location... 968 k cluster is better, on a hill.
     
  12. FHBH12

    FHBH12 Alfrescian Old Timer

    Joined:
    Jul 4, 2012
    Messages:
    4,517
    Likes Received:
    37
    Trophy Points:
    48
    Re: Why Austin Hgts price lower than Adda Hgts

    Buyers are starting to come out in full force now. I think many of them just want to avoid further price hikes as 1 Apt 2015 GST implementation draws closer.
     
  13. malpaso

    malpaso Alfrescian Old Timer

    Joined:
    Jun 18, 2013
    Messages:
    2,759
    Likes Received:
    37
    Trophy Points:
    0
    Re: Why Austin Hgts price lower than Adda Hgts

    but austin height properties always attract strong interest since their first projects there, due to lower pricing. this developer adopt a no nonsense approach, no DIBS , no major rebates and so on, it's 10% cheque up front upon booking. but they keep price points as affordable as possible.
    what does this mean? landed cluster 888k- 960k people queue, and these are locals too, not singaporeans.

    also - eco summer heard people queueing up also, for launching / unit selection today. 668k garden terraces..
     
    Last edited: May 25, 2014
  14. kiteman

    kiteman Alfrescian Old Timer

    Joined:
    Apr 19, 2013
    Messages:
    29
    Likes Received:
    4
    Trophy Points:
    3
    Re: Why Austin Hgts price lower than Adda Hgts

    Yes. Greystones. I have not received final payment and key collection instruction. Will give them a call tomorrow.
     
  15. FHBH12

    FHBH12 Alfrescian Old Timer

    Joined:
    Jul 4, 2012
    Messages:
    4,517
    Likes Received:
    37
    Trophy Points:
    48
    Re: Why Austin Hgts price lower than Adda Hgts

    I think Eco Summer will be about 90% sold today, excluding bumi lots. And all these are Malaysian buyers :eek:
     
  16. AHGS14

    AHGS14 Alfrescian Old Timer

    Joined:
    May 13, 2014
    Messages:
    306
    Likes Received:
    6
    Trophy Points:
    18
    Re: Why Austin Hgts price lower than Adda Hgts

    The queue for key collecfion is fast building up. Is this for your own stay, weekend home or for renting out? Assuming that you will be carrying out renovation work, have you lined up any vendor? I have contacted numerous Interior Designers/contractors over email/whatsapp, while a couple are quite responsive, none are impressive. Any recommendations from bros/sis here will be appreciated.
     
    4 people like this.
  17. kiteman

    kiteman Alfrescian Old Timer

    Joined:
    Apr 19, 2013
    Messages:
    29
    Likes Received:
    4
    Trophy Points:
    3
    Re: Why Austin Hgts price lower than Adda Hgts

    Collecting key this Sat. Weekend home for the next 3-5 years and the plan is to retire there after.
    PM me as I think it's good to contact each other since we are going to be neighbour. Your PM is not accepting any message.
     
    3 people like this.
  18. malpaso

    malpaso Alfrescian Old Timer

    Joined:
    Jun 18, 2013
    Messages:
    2,759
    Likes Received:
    37
    Trophy Points:
    0
    Re: Why Austin Hgts price lower than Adda Hgts

    that also means your investment in the DST in desa tebrau is quite safe now, barring any catastrophic macroeconomic shock. selling on VP?
     
  19. FHBH12

    FHBH12 Alfrescian Old Timer

    Joined:
    Jul 4, 2012
    Messages:
    4,517
    Likes Received:
    37
    Trophy Points:
    48
    Re: Why Austin Hgts price lower than Adda Hgts

    Yes, it is in a fairly safe zone now. I feel like keeping it for eternity, seeing how locals are buying up landed properties in Johor. It seems that most Malaysians from or near Johor are not keen to retire in Singapore but in Iskandar instead. I may hold it empty until someone offers an irresistible price.
     
  20. AHGS14

    AHGS14 Alfrescian Old Timer

    Joined:
    May 13, 2014
    Messages:
    306
    Likes Received:
    6
    Trophy Points:
    18
    Re: Why Austin Hgts price lower than Adda Hgts

    Sorry; I am unable to participate in PM, including sending at the moment.

    Congratulations on your key collection. I will be collecting my key a couple of weeks later, after I make the final payments. I have however, begun meeting IDs to look into renovations to make the currently bare house a more pleasant home to move into.

    Have you sourced for any renovation works; and have you found any that you are impressed with?

    Until I am able to PM, I may just have to be more discrete when posting publicly.
     

Share This Page