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Investment Covillea Bukit Jalil, Berjaya Properties

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skng03
post Apr 6 2012, 10:07 PM

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QUOTE(Covillea @ Apr 5 2012, 10:25 AM)
went to inspect the progress. doubt berjaya can complete by 3rd quarter this year.

have you check it out lately?
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Went there found their window bad quality, if leak the floor board sure koyak sad.gif
Hunters
post Apr 9 2012, 11:29 AM

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QUOTE(skng03 @ Apr 6 2012, 11:07 PM)
Went there found their window bad quality, if leak the floor board sure koyak sad.gif
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Went there on 08-April. Saw the painting is on the way for Block A. Some windows frames are installed. Block B seems little bit slower.
SUSjalsrix
post Apr 9 2012, 12:04 PM

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QUOTE(goldwish @ Mar 26 2012, 11:20 PM)

The moment the road links across to esplanade. Covillea will get a steady stream of cars during peak hours and will get more when Kiara 2, z residence, treez, km1 and km2 completes. It will get really busy in front of covillea.


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When is the approximate time that road link will be opened to public ?
nkhong
post Apr 9 2012, 02:37 PM

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QUOTE(jalsrix @ Apr 9 2012, 12:04 PM)
When is the approximate time that road link will be opened to public ?
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Kesas will complained if that road is opened. Everyone will use the road to bypass the 2.20 toll.
kochin
post Apr 9 2012, 02:52 PM

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mirror mirror on the wall, can someone please show me the progress of it all?
thanks.
Covillea
post Apr 27 2012, 01:39 PM

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Purchasers of Covillea:

1) Koreans [18 units: Block B - Entire Levels 9 & 19] - (B-9-01 to 09) & (B-19-01 to 09)
2) Kamalesh (B-15-3A)
3) Covillea (A-?-?): selling at RM850k upon VP - interested parties to PM.
4) kochin (B-23A-?)
5) korndamned (A-8-?)
6) hunters (B-6-?)
7) mok thye yee (B-12-6)
8) marcohoo (B-23-?)
9) danlim (B-?-?)
10) joe tham (A-10-?)
11) dumbshy (B-?-?)
12) weelong81
13) jiin
14) samau
15) coolfeet
16) KennyChoong
17) nkhong (A-23A-?)
18) grhunter
19) JT (A-12-?)
20) JackIII (B-?-01): selling at RM850k upon VP - interested parties to PM.
21) tay (A-10-?)
22) scrybe (A-18-?)

Current Valuation for Covillea: RM600 per sq ft only.
kochin
post May 3 2012, 10:43 AM

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just did a quick search in iprop and there's already 4 pg of listing??!!
and benchmark seems nested at rm500psf now.
Covillea
post May 3 2012, 11:48 AM

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QUOTE(kochin @ May 3 2012, 11:43 AM)
just did a quick search in iprop and there's already 4 pg of listing??!!
and benchmark seems nested at rm500psf now.
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agents always advertise lower to attract calls so that they can have the list of potential buyers.

generally, price will also be lower prior to vp. once vp, you can see the benchmark at rm600 psf.

look at the zest. prior to vp, benchmark price was rm300 psf - rm320 psf. now it's rm420 psf.
twincharger07
post May 3 2012, 12:08 PM

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QUOTE(Covillea @ May 3 2012, 11:48 AM)
agents always advertise lower to attract calls so that they can have the list of potential buyers.

generally, price will also be lower prior to vp. once vp, you can see the benchmark at rm600 psf.

look at the zest. prior to vp, benchmark price was rm300 psf - rm320 psf. now it's rm420 psf.
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should aiming 600psft in 2 to 3 years time after IOI launch skypod, skyz, and completion of KM1, KR1, KR2, ZR, Treez, DR, ZH brows.gif

This post has been edited by twincharger07: May 3 2012, 12:17 PM
Chris Chew
post May 3 2012, 02:38 PM

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QUOTE(twincharger07 @ May 3 2012, 12:08 PM)
should aiming 600psft in 2 to 3 years time after IOI launch skypod, skyz, and completion of KM1, KR1, KR2, ZR, Treez, DR, ZH  brows.gif
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Wah. Twin Gor. U pour cold water to Datuk Cov meh, RM 600 psf 2-3 years later after all those KM1, KM2, KR2 and ZR would take almost 4 years time worr. Lol. Datuk Cov pushing the RM 600 psf by this year lehh.




twincharger07
post May 3 2012, 02:42 PM

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QUOTE(Chris Chew @ May 3 2012, 02:38 PM)
Wah. Twin Gor. U pour cold water to Datuk Cov meh, RM 600 psf 2-3 years later after all those KM1, KM2, KR2 and ZR would take almost 4 years time worr. Lol. Datuk Cov pushing the RM 600 psf by this year lehh.
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ohh... sorry.. wrong statement... ya, should be this year wink.gif
Covillea
post May 3 2012, 02:43 PM

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Correct. Need to be reflective of current launchings in the vicinity.

Every developer in town is launching above RM580 psf (average) in the Southen Klang Valley Corridor of Bukit Jalil/Puchong/Puchong South (Seri Kembangan).

Cost of labor gone up! Everything else is going up further.

Hang in there for RM580 - RM600 psf by end-2012.
Chris Chew
post May 3 2012, 02:46 PM

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QUOTE(Covillea @ May 3 2012, 02:43 PM)
Correct. Need to be reflective of current launchings in the vicinity.

Every developer in town is launching above RM580 psf (average) in the Southen Klang Valley Corridor of Bukit Jalil/Puchong/Puchong South (Seri Kembangan).

Cost of labor gone up! Everything else is going up further.

Hang in there for RM580 - RM600 psf by end-2012.
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Lets wait and see what is normal bank valuation for Covillea upon VP.


doomdoom
post May 3 2012, 03:04 PM

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QUOTE(Covillea @ May 3 2012, 02:43 PM)
Correct. Need to be reflective of current launchings in the vicinity.

Every developer in town is launching above RM580 psf (average) in the Southen Klang Valley Corridor of Bukit Jalil/Puchong/Puchong South (Seri Kembangan).

Cost of labor gone up! Everything else is going up further.

Hang in there for RM580 - RM600 psf by end-2012.
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but salary not going up leh... tongue.gif
twincharger07
post May 3 2012, 03:21 PM

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QUOTE(doomdoom @ May 3 2012, 03:04 PM)
but salary not going up leh... tongue.gif
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Salary not going is true.. but i do see emerging young high networth individuals which either high flyers or entrepreneurs..
Covillea
post May 3 2012, 06:47 PM

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no choice-lah.

if they don't buy now, the price will go higher.

developers keep on launching higher & higher psf price.

This post has been edited by Covillea: May 3 2012, 06:47 PM
kill monkey
post May 3 2012, 09:47 PM

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Wah, all condo going RM 580-600 psf! Really wan buy also very hard now. All rich guys sapu...
Chris Chew
post May 4 2012, 03:30 AM

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QUOTE(kill monkey @ May 3 2012, 09:47 PM)
Wah, all condo going RM 580-600 psf! Really wan buy also very hard now. All rich guys sapu...
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Where got all condo going RM 580-600 psf!

There were mostly RM 400+ psf onwards and depends location.

They expected Covillea to reach RM 600 psf which targetted to handover this year. Now agents selling at RM 510-530 psf, but din noe whether real unit or just get listing.

If the response is good in 3rd qtr, then RM 550 psf is likely. But can this happen to RM 600 psf by year end? Bank valuation sure is not there.






kill monkey
post May 4 2012, 09:59 AM

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Oic, sorry misunderstood. So far now bukit jalil is quite expensive.
Covillea
post May 4 2012, 12:04 PM

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yes-lah. bukit jalil/puchong/seri kembangan is golden triangle of southern kl.

if condo below rm400 psf, don't buy! otherwise a lot of foreign students renting as many will buy for rental play due to cheaper entry cost.

go for the zest if your budget is bewteen rm400 psf to rm420 psf.

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