Wow ..... RM 580 psf ....

This was last Saturday. Most of the units seem to be equipped with windows and are now painted. Perimeter walls are being constructed.
Perhaps August is still possible?

jiin,
thanks for the photo.
looking great! does it look better on actual site?
from the looks of things, doesn't seem they need much longer for VP. am guessing Q3 or early Q4 then?

Can u pm me the agent's contact too? I'm tempted!

Thanks

i didn't take down his number. maybe you will be receiving a phone call soon.

Whichever property this guy has, you will see his "valuation" is always higher than the market.
He think buyers money fall from the sky.

Who is the guy you are referring to ?

Scroll back and you will get the answer.

Covillea price increases good for KR2 and you lar.

looks nice especially the large window...but it will look better if use the grey color instead of brown color...

good news is he's always right especially the zest is valued at rm420 psf by ocbc puchong branch!!!

I'm only understand that only recently banks are pushing towards that level between 380-400/sqft as compared to 420/sqft but somebody claimed that during vp which is last year the price has hit 420/sqft? Probably he is talking about future price?

A simple check with iproperty will tell us the current asking price.

that's only 2.5 months diff. must allow for slight deviation.

ocbc & uob confirm rm420 psf.

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Added on June 27, 2012, 10:05 amiproperty is for agents to fish for potential buyers - always lower than market price.

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Added on June 27, 2012, 10:06 amcovillea should be rm580 psf to rm600 psf upon vp.

This post has been edited by Covillea: Jun 27 2012, 10:06 AM

My property Fren told me can go up to 640Psf upon vp!!!
Ask me to go in now still can get Teh ais profit abit.

Today, U r right that Zest is value at RM 420 psf by OCBC Puchong and must use JS Valuer. Most valuers already able to give RM 400 psf now, so OCBC even can push RM 450 psf, its hard to say they are not. Even JS willing to quote some banks at RM 425 psf.

But if 5 months ago, Jan 2012, then u r wrong, To get RM 420 psf bfore VP that time was absolute hard and utmost task. Most banks only give RM 360-380 psf, slowly increased to RM 380 and RM 400 psf. RM 420 psf then probably a special arrangement but no point only 1 bank can get such value bcz not all buyers or refinancing must take OCBC loan with Puchong branch. You re one of the only few who can get RM 420 psf bfore VP that time. Realistically is, buyers must able to get their value.

Appreciate ur effort Datuk!

Without datuk effort... Think zest current value at only RM380......

I just found out that OCBC really does give a higher valuation compared to other banks. For example I did check on one of commercial corner shoplot at Senawang and from the valuation found that most of banks give me valuation of $550k max but OCBC gives me $730K!. Probably the main culprit is the valuer which they attached to willing to move up the price as seems OCBC is the only one that proves to me time over time they can push the price higher than other banks. However, I tend to offer the price which lesser than what OCBC gives due to their premium valuation.

550k vs 730k is damm huge gap.

If most of the banks only willing to giv 550k means, at most this corner shoplot only can fetch 580-600k selling price.

Sometimes banks' valuer will make mistake.

For commercial prop or outskirt, better check more to compare bcz some valuer might not have further info, so unable to quote higher. Some are dare to give higher if they want business and have supporting details to proof his quote.

Not good as buyers if value fetching so high for only 1 bank which other bank couldn't match the value.