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Investment Covillea Bukit Jalil, Berjaya Properties
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Covillea
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Jun 27 2012, 12:06 PM
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whatever said & done, covillea will hit rm600 psf upon vp. maybe 3-4 months gap plus & minus subject also to overall global environment. Added on June 28, 2012, 3:53 pmSelling at RM768k @ RM543 psf before VP: http://www.iproperty.com.my/propertylistin...campaign=MitulaThis post has been edited by Covillea: Jun 28 2012, 03:53 PM
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ironman694
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Jun 30 2012, 10:33 AM
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New Member
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Hi, Please help me get following info. 1.When is the expected time of completion for Covillea? 2. Is there anyone who wants to sell? Please PM me the asking price and other details. 3. Is the road in front of Covillea directly going to connect to the shop lots near new MRT/LRT Station? Sorry I don't exactly know the area name. That road is the one KM1 is located on.
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JackIII
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Jun 30 2012, 02:30 PM
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Getting Started

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QUOTE(ironman694 @ Jun 30 2012, 10:33 AM) Hi, Please help me get following info. 1.When is the expected time of completion for Covillea? 2. Is there anyone who wants to sell? Please PM me the asking price and other details. 3. Is the road in front of Covillea directly going to connect to the shop lots near new MRT/LRT Station? Sorry I don't exactly know the area name. That road is the one KM1 is located on. Hi Ironman, r u a property agent or r u interested to buy Covillea condo ?
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ironman694
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Jun 30 2012, 03:23 PM
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New Member
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QUOTE(JackIII @ Jun 30 2012, 02:30 PM) Hi Ironman, r u a property agent or r u interested to buy Covillea condo ?  Looking for own stay...I am not a property agent...I guess any property agent would know such basic things...he/she would not ask it here
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super911
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Jun 30 2012, 07:26 PM
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QUOTE(ironman694 @ Jun 30 2012, 03:23 PM) Looking for own stay...I am not a property agent...I guess any property agent would know such basic things...he/she would not ask it here  Dont expect agents know what they should. Some agents are ex fishmonger that lost their job and switch field
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ironman694
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Jul 1 2012, 12:01 PM
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New Member
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any web-link/pics for internal layout/plan etc for Covillea units? I am not sure how much area they have allocated for each room.
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nkhong
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Jul 1 2012, 04:15 PM
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ironman694
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Jul 2 2012, 01:50 AM
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New Member
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QUOTE(nkhong @ Jul 1 2012, 04:15 PM) Thanks ..it worked like a charm
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Covillea
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Jul 2 2012, 02:01 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. Added on July 4, 2012, 10:06 amBukit Jalil all ready to set a new growth benchmark after disputes settled: http://biz.thestar.com.my/news/story.asp?f...90&sec=businesshttp://www.btimes.com.my/Current_News/BTIM...icle/index_htmlWith 25 ha (hectares) of developement ready to transform the golden triangle of Bukit Jalil-Puchong-Seri Kembangan!!! Current valuation of the land (undeveloped) is circa RM450 - RM480 psf. Covillea at RM600 psf is very very affordable!!! This post has been edited by Covillea: Jul 4 2012, 10:06 AM
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Hunters
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Jul 5 2012, 04:05 PM
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Getting Started

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How sure we can benefits with new player? This also could means that more supplies and no more nitch property in BJ. QUOTE(Covillea @ Jul 2 2012, 03:01 PM) 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. Added on July 4, 2012, 10:06 amBukit Jalil all ready to set a new growth benchmark after disputes settled: http://biz.thestar.com.my/news/story.asp?f...90&sec=businesshttp://www.btimes.com.my/Current_News/BTIM...icle/index_htmlWith 25 ha (hectares) of developement ready to transform the golden triangle of Bukit Jalil-Puchong-Seri Kembangan!!! Current valuation of the land (undeveloped) is circa RM450 - RM480 psf. Covillea at RM600 psf is very very affordable!!!
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zuiko407
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Jul 5 2012, 04:19 PM
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QUOTE(Covillea @ Jul 2 2012, 02:01 PM) Current valuation of the land (undeveloped) is circa RM450 - RM480 psf. boss, are you sure 450 to 480 per sf??? mind to explain a bit?
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Covillea
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Jul 5 2012, 04:29 PM
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QUOTE(zuiko407 @ Jul 5 2012, 05:19 PM) boss, are you sure 450 to 480 per sf??? mind to explain a bit? this is the price they quote in their out-of-court settlement. Added on July 5, 2012, 4:32 pmQUOTE(Hunters @ Jul 5 2012, 05:05 PM) How sure we can benefits with new player? This also could means that more supplies and no more nitch property in BJ. by the time they start selling, it should be above RM600 psf. hence, to flip is at least rm720. so covillea at rm600 psf today is afforfdable. This post has been edited by Covillea: Jul 5 2012, 04:32 PM
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zuiko407
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Jul 5 2012, 04:36 PM
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QUOTE(Covillea @ Jul 5 2012, 04:29 PM) this is the price they quote in their out-of-court settlement. RM450 to 480 psf for undeveloped land is way too expensive in Bukit Jalil area, in Mont kiara; yes. last 2 years exsim bought the land from Ho Hup which developing the treez now; RM60 psf.
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Covillea
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Jul 5 2012, 05:20 PM
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QUOTE(zuiko407 @ Jul 5 2012, 05:36 PM) RM450 to 480 psf for undeveloped land is way too expensive in Bukit Jalil area, in Mont kiara; yes. last 2 years exsim bought the land from Ho Hup which developing the treez now; RM60 psf. very true. why the big gap?
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nkhong
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Jul 5 2012, 05:53 PM
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QUOTE(zuiko407 @ Jul 5 2012, 04:36 PM) RM450 to 480 psf for undeveloped land is way too expensive in Bukit Jalil area, in Mont kiara; yes. last 2 years exsim bought the land from Ho Hup which developing the treez now; RM60 psf. 60 psf is cheap. imagine 3 acres land to develop a condo, about 130K sf. Land cost around 7.8M only. 15 units condo around 500k each can already recover land cost.
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Covillea
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Jul 6 2012, 04:33 PM
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QUOTE(nkhong @ Jul 5 2012, 06:53 PM) 60 psf is cheap. imagine 3 acres land to develop a condo, about 130K sf. Land cost around 7.8M only. 15 units condo around 500k each can already recover land cost. normally infrastructure cost is 60% of of selling price. the other 40% is the profit for the developer.
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skng03
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Jul 6 2012, 08:50 PM
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QUOTE(Covillea @ Jul 6 2012, 04:33 PM) normally infrastructure cost is 60% of of selling price. the other 40% is the profit for the developer. Current market trend profit >50%
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Chris Chew
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Jul 6 2012, 09:04 PM
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QUOTE(Covillea @ Jul 5 2012, 04:29 PM) this is the price they quote in their out-of-court settlement. Added on July 5, 2012, 4:32 pmby the time they start selling, it should be above RM600 psf. hence, to flip is at least rm720. so covillea at rm600 psf today is afforfdable. Flip? At least RM 720 psf ? U mean upon VP ??? wow ...
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MaiGehGeh
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Jul 6 2012, 10:02 PM
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QUOTE(Chris Chew @ Jul 6 2012, 09:04 PM) Flip? At least RM 720 psf ? U mean upon VP ??? wow ... doable....just wait wait wait and wait.....
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nkhong
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Jul 7 2012, 12:34 AM
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QUOTE(skng03 @ Jul 6 2012, 08:50 PM) Current market trend profit >50%  Possible for experiened developer.
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