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=business

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

With 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

this is the price they quote in their out-of-court settlement.

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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.

This post has been edited by Covillea: Jul 5 2012, 04:32 PM

very true. why the big gap?

normally infrastructure cost is 60% of of selling price. the other 40% is the profit for the developer.

Selling at RM768k @ RM543 psf before VP:

http://www.iproperty.com.my/propertylistin...campaign=Mitula

Baseline should be RM600 psf.

rm650k is very cheap. my entry cost is already circa rm620k. with rm30k margin, can't really make much-lah after 3% penalty, 5% rpgt, opportunity cost, legal fees, stamp duties, mot, etc.

This post has been edited by Covillea: Jul 10 2012, 11:19 AM

mine is subsequent phases/releases when the price already increased!!!

forgot to mention paid premium for the balcony.

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Added on July 12, 2012, 4:21 pmPurchasers 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.

This post has been edited by Covillea: Jul 12 2012, 04:21 PM

rm565 psf before vp.

upon vp should be able to hit rm600 psf.

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.

Going for RM800k before VP:

http://www.iproperty.com.my/propertylistin...ominium_ForSale

http://www.iproperty.com.my/propertylistin...ominium_ForSale

This post has been edited by Covillea: Jul 26 2012, 11:43 AM

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-?)
23) aikiddo (A-13A-02) - For Sale

Current Valuation for Covillea: RM600 per sq ft only.

Going for RM800k before VP:

http://www.iproperty.com.my/propertylistin...ominium_ForSale

http://www.iproperty.com.my/propertylistin...ominium_ForSale

This post has been edited by Covillea: Aug 13 2012, 05:30 PM

average entry price is rm650k - rm680k especially for later units. hence, rm850k is very, very small profit only.

new launches already circa rm600 psf (not rm600k!!!).

after deducting all expenses, only rm100k only profit.

to be exact, circa rm100k. stamp duty already (buy & sell) circa 45k. the rest rm55k.

in any case, buy property must make money-lah. otherwise, can invest into other intruments.

nonetheless, covillea is a good buy even at sub-sale rm800k - rm850k for those who wish to stay.

you're right, not many people can afford. likewise, all new launchings the same-lah. not many people can afford nowadays.

many are those same person buying 5 - 6 properties.

This post has been edited by Covillea: Aug 14 2012, 06:55 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-?)
23) aikiddo (A-13A-02) - For Sale

Current Valuation for Covillea: RM600 per sq ft only.

Going for RM800k before VP:

http://www.iproperty.com.my/propertylistin...ominium_ForSale

http://www.iproperty.com.my/propertylistin...ominium_ForSale

For those interested to purchase sub-sale, please contact the Purchasers of Covillea directly:

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-?)
23) aikiddo (A-13A-02) - For Sale

Current Valuation for Covillea: RM600 per sq ft only.

Going for RM800k before VP:

http://www.iproperty.com.my/propertylistin...ominium_ForSale

http://www.iproperty.com.my/propertylistin...ominium_ForSale

This post has been edited by Covillea: Aug 18 2012, 10:03 AM

tentative bank's valuation is only rm600 psf.

if can get rm650 psf, then it's fabulous!

For those interested to purchase sub-sale, please contact the Purchasers of Covillea directly:

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-?)
23) aikiddo (A-13A-02) - For Sale

Current Valuation for Covillea: RM600 per sq ft only.

Going for RM800k before VP:

http://www.iproperty.com.my/propertylistin...ominium_ForSale

http://www.iproperty.com.my/propertylistin...ominium_ForSale