relax dude. i think the only reason the berjaya stuff ask me may be because they are concern that no one would be interested in savanna 2 then. therefore maybe just try their luck on me lor. maybe i look like rich ah pek? but knowing that my account is already negative, i decline lor.
anyway, can anybody really confirm savanna 2 pricing? rm1.2mil seems about right if it's market properly.
berjaya can really pull something off if they do it properly in bukit jalil. big landbank, golf club, etc. with proper planning and luck, they might just convert jalil into the next MK.
is one jalil by ho hup? i thought ho hup's project is code named jalil city or something. i'm confused. if anybody got one jalil link, please share with me.

---

Added on January 21, 2010, 11:44 pmgive it a rest datuk. all these chants to promote covillea is sounding like a bad record. mind sharing how many units you bought? anyway, i do agree partly on the idea of success in covillea but i do not share as much enthuasiasm as you man.
chill. let the product speak for itself.
cantonese saying "real gold not afraid of fire". let it burn and we shall see it's true value.
and datuk, get your rich friends to goreng all the remaining units lah.

---

Added on January 21, 2010, 11:55 pmi totally agree with you on this one dude. mutiara damansara terrace started with rm380k. that was i think before ikea was announced. i was dripping saliva when i pass by then but i was and still am a lowly paid servant. so never buy lor. who knows in less than 10 years time, the price triple liao. am quite sure it got something to do with these few things:
1. ikano
2. cineleisure aka e@curve
3. the curve
4. tesco

bukit jalil's closest shopping center is the miserable endah parade which is a bad joke. with a carrefour in close vicinity, they should not be building another one so closeby unless they decided to close down it existing premise. i prefer giant rather than tesco. but then again, tesco seems to provide midas touch.
1. 1st tesco in puchong; puchong goes boom boom boom in prices
2. 2nd tesco in mutiara damansara; mutiara damansara goes sonic boom in prices
3. i think tesco in shah alam and cheras is also helping the prices there although not too significant.

so taikor, when you wanna lim teh with small brother me? i got miles to learn in property from you lor.
psstt: went to CI2 during launch with cheque book twice but still didn't have the heart to sign the cheque and pass to dijaya sales team.

This post has been edited by kochin: Jan 21 2010, 11:55 PM

rm600/psf is not entirely impossible if you ask me. it all boils down to marketing. if berjaya play their cards right. sunrise's MK have been riding on their own platform one after another and setting record prices with each launch. they were wise to introduce and group the entire community together through means of community buses, sports center, child care center, invitation of establish brands such as wendy, domino pizza, health care, international school, etc.

berjaya should first and foremost give huge discount for berjaya properties nearby to join it's club. then really concentrate on international requirements such as schools to pack in the expats. then the area would definitely receive a big boost. TPM is really underperforming. so close yet so unhappening. sigh!

of course, berjaya should also concentrate most on the basics which is the product itself. if product no good, do extra marketing also no use. if product good, no marketing also can succeed. bear in mind, developers such as sunrise, sp setia banks on repeat customer. if berjaya wants a steady stream of 'confirm' buyers for their future projects such as KM1 & 2, they should really put in the effort.
sunrise have loyalty card. perhaps berjaya should offer their vacation club? hehe

long live covillea!

---

Added on January 22, 2010, 12:10 amthat's why i'm saying berjaya still got lots to learn to play catch up with other developers. they seriously need to relook into their branding/marketing/sales team. almost all developers nowadays give a/c and kitchen. with covillea status, they should do the same but they didn't.
btw, i thought covillea main entrance is direct opposite savanna 2? that's what i saw when i visited the site?! maybe i was wrong.
bro, you sure got lotsa bullet to pinned on KM1. from what i know, it's gonna be at least rm1mil and above.

if berjaya and especially VT is reading this, you wanna employ me to transform bukit jialak or not ah? from jialak to jalil to MK!

This post has been edited by kochin: Jan 22 2010, 12:10 AM

well done. i think i saw this pic in one of the iproperty ads. that is the exact view of what covillea residents are going to get. covillea high floor owners can see much further since savanna 2 is only low rise.
i'm feeling better regarding future of covillea prospect. let's crossed our fingers and hope covillea reaches rm800k in 2013!

it's okay. i'd been to the site before too. covillea is just a street away from savanna 2. in terms of difference to golf course, i would say a maximum of 30m max.
i got a feeling that owners of the two units fronting both block a and b is going to be in for a big treat in terms of the view.
and bro, why never invite me to CI2 to check out the facilities and view? hope you're in the lowrise! more excluive and nearer to golf too.

---

Added on January 23, 2010, 8:21 pmno need compare so much. my earlier post i'd already pointed out casa indah 1 and 2 is very similiar to savanna 2. especially the villa units. they are awesome and still very much affordable. definitely less than rm500k in CI2. dunno why it's moving so slow though.
but friend, if unit too near and being low rise, isn't they the possibility of a golf ball landing right smack in your living hall? remember, they are nowhere near tiger wood standard (referring to golfers in bkt jialat!).


This post has been edited by kochin: Jan 23 2010, 08:21 PM

went to Berjaya sales office just now to enquire about my SPA doc. Till to date still haven't received.
anybody else having the same problem?

checked on their sales and counted the chart at their office as follows:
Block B - 33 units left
Block A - only 25 units sold

hopefully the Times Square office is not as advance as the showhouse chart. Wishing Dumbshy's count for Block A is more accurate
No mentioning of referral or discount in their office.
Like I mentioned before, Berjaya simply do not know how to do their Marketing!

total no. of units in covillea development = 308.
block A = 136
block B = 172

if base on my count, the sales figure should be
block A = 25/136 = 18.4% sold
block B = 139/172 = 80.8% sold
overall = 53.2% sold

berjaya should definitely do something about the sales. one surefire way is to upgrade its product without reducing price. their current gimmick of discount is not a good way to market 'high-end product'. big mistake as when developer starts giving cash/rebate discount, it shows that they are not confident of the project.
they should offer eg. kitchen cabinets, shower screen, AC, heaters as upgrades without additional costs. hell, they can even market it eg.
"Due to overwhelming response to Covillea (quoting no. of sales during 1st launch for Block B), Berjaya would like to thank all purchaser with their purchases and confidence in their project by thanking them with an upgrade of xxxxx to all units in Covillea"

sigh... VT.... shame on you!

u said it and i'll said it again. berjaya have no experience to market high end condo at all. they don't have a plan. they are treating covillea as just any other apartment. then again, maybe they think covillea IS like any other apartment. medium-low end only. hahaha
their communication is also dismaying. no proper coordination and cross referencing. not customer service oriented at all. this is my 1st and would also probably be my last purchase with berjaya if things don't work out well.
would be sticking more with sunrise, sime, pjd products in future.

correction. they should extend the ang pow to all purchasers irrespective of block a or b. reason? simple. block b is very much part of covillea too. so if ang pau should be given, it should be given to all residents.
having said so, i doubt that they would do that. and if indeed ang pau is extended to block a only, am sure block b residents are bound to complaint too. it's a lose lose situation for berjaya.
it's said and said again, but i still wanna say it again. berjaya just do not know high-end market. sigh!

maybe now it will be a good time to group all existing purchaser to 'bising' and demand for our share.
obviously bigger crowd, louder noise!

bro trojant,
seems like you anticipating and hoping this project will go down the drains. anything in your mind?

~penny for your thoughts~

---

Added on February 3, 2010, 5:11 pmyou back in kl yet? wih all these promo, maybe you can gauge the response this wekeend in their showhouse? who knows, you can just sit there and offer genuine purchasers half half of rebate for referrals?
and of course to update everyone the real % of latest sales?
happy CNY everyone. will be taking a long break!

This post has been edited by kochin: Feb 3 2010, 05:11 PM

[quote=mok thye yee,Feb 4 2010, 01:46 AM]
[attachmentid=1433464]

All the original offers are still valid, and with additional perks.......

Base on the flyers, look at the wordings carefully. Therotically, ALL people who sign up before the dateline are aligible for the rebate. BUT the flyer was dated on 15 Jan 2010.
So the big question is:
1. Is rebate offered to sign-ups between 15/01/2010 to the dateline?; OR
2. Rebate is indeed offered to ALL sign-ups before dateline?

Knowing Berjaya, they will twist and turn to explain it's 1.
But hey, we can be wishful thinkers, can't we? or is there any lawyers here which can intepret for us please?

have not got my SPA yet. these berjaya people are really slow in their response.
btw, anybody can share about their loan package and the legal cost for the loan procurement?
am borrowing about rm380k and cost estimate from the bank agent was approx rm5k+. is that norm? no mrta included in my loan btw.
the bank is chasing to execute the loan but i oledi told them i haven't got spa yet how to execute?

nice deal you are offering! just let me know if they limit quota to maximum amount you can claim!
btw, am willing to take less than 50%... hehe
just kidding. no offense.

will be checking sales figure myself on wednesday at their hq when i am collecting my SPA! hopefully the figure tally with your report. btw, did you manage to check block B's figure? for block B, i calculate the unsold portion only. and block a i will count the sold product. guess i need slightly more time counting block A next week!
keep up the good work of keeping track of the sales here. cheers and happy new year to you!

---

Added on February 7, 2010, 11:38 pmcome to think of it, i really don't mind if they start to offer such deals for ALL the purchasers in covillea now. hehe!

This post has been edited by kochin: Feb 7 2010, 11:38 PM

total no. of units in covillea development = 308.
block A = 136
block B = 172

if base on my count, the sales figure should be
block A = 51/136 = 37.5% sold
block B = 139/172 = 80.8% sold
overall = 190/308= 61.7% sold

latest updates based on joe's figure. am guessing berjaya will officially stop all sales transaction when sales order hit approximately 80%. hoping they will cease even at 75%! that's about 50 more units to go before time out!
never realise their ang pau trick work so well. anyway, congrats to them!

---

Added on February 8, 2010, 12:05 amacquest, eugene jk, please enlighten me who the other developer is. don't mind grabbing one more unit from this area!
please pm me in private if the developer is a name thou shalt not speak in here!

This post has been edited by kochin: Feb 8 2010, 12:05 AM

just got my original + duplicate of SPA today from them. next course of action would be forwarding to my banker for their futher action.
when i was in the sales office, checked out their sales chart and observed that the figures reported were close to what joe have reported. i think the chart in the showhouse would be more accurate.
now, let's focus on site progress, shall we?
happy new year!

anybody went to their 'open house' on 21st feb?
appreciate if anybody can update on the sales chart.

well, like it or not, some of us are already on board and just hope for the best.
on a separate note, no matter what one says about a project, IMHO, if the project still helps me earn a lot of profit from flipping, i wouldn't give a damn on how bad the project is.
of course, quality concerns are valid if it's for own stay. but rule #1 re-applies itself, if $$ is good, sell it and hunt for the one you have always been dreaming of. eg. Savanna 1 profit 100k can ease common folks a long long way.

sad to see so many bickering going on in this thread. but nevertheless, to state my 2 cents worth.
firstly, am vested myself as most of you recall and definitely would not like to see failure for this project. and as explained by bro rupart, new development nearing lrt lines are priced at premium.
reasons i bought covillea (highlighted previously and rehighlighting now):
1. ideal living environment in bukit jalil (good amenities, good network of highways)
2. LRT (need i say more. Heck this is one of the most critical criteria for my purchase. With fuel prices escalating and lrt networks expanding, who wouldn't want to ride on lrt in future?)

worst case scenario;
YES! I WOULD LIKE TO LIVE HERE MYSELF.

so there you have it, plan and simple. if all else fails, imagine yourself staying there. if you like it, peace! if not, be prepare to cut loss when completed.

pai,
sad to note your comments. so, you think this is low quality product at a premium? sigh!

joe.tham,
excellent point although you are vested there yourself too. would like to add that in my opnion, condo/apt are more liquid compared to landed. i might be wrong as i'm still very much a newbie in prop invest.

covillea,
stop promoting this place through your buy buy buy antics. unless you can substantiate it with substances. it's a case of too many cooks spoilt the soup. you ain't exactly winning praises with all your promo.

BLR is expected to increase much more 2 years from now. affordability is going to be a big issue soon. people who bought 500k products ain't gonna have the same spending power in these coming years. so secondary market in covillea in future is going to be limited to high income earners. cons for existing purchaser, make bloody sure you can afford the installment when handover stage! it would not be unusual to service loan more than rm2500/mth then!

Lastly, anybody can share/update latest sales chart please and also site progress? am anxious to start paying the differential claim vs. loan amount leh.

cheers to all. let's move on and see ourselves come end 2012. no matter win or lose. (i of course hope win big lor. it's going to be my son's college fund!)

it is true that berjaya already sold more than 80% .... for block B only lah.
but if berjaya already sold 80% overall. then

dear SS,
i'm sorry you have to resort to 'cursing' "investors" of Covillea of having bad karma. allow me to define investors to you. investors can get burnt just as easily. remember purchasers for usj condo? the big unfinished project. or how about platinum residences in ara damansara. all of them are 'investors' just like us. but unfortunately their purchase was abandoned and they are left in a very bad predicament. they didn't manage to flip or stay in their dream home. this is the risk of investors. of course, each investor wishes to maximise their profit. if rm100k, great. if not, rm50k is just as welcome. and of course, along the way, so many things can go wrong. accident, health problem, financial problem, etc. which forces the committed buyer to sell at a loss. and please remember this, willing buyer willing seller. a buyer will buy at a price they deem fit and vice versa for seller. if upon completion of covillea and i would like to sell at rm1mil, do you think the purchaser is stupid and gladly accept my offer? if indeed they are, they must deemed that covillea IS worthy. and here you are saying investors are robbers??!!! sigh!
like i said previously, i intend no harm. and i'll like to restate and call for a truce to all these bickerings. we thank you for your highlights of things to watch out for berjaya's untrustworthiness. we really do. but please move on and stop giving uncontructive criticism.
i would like to stress again i meant you no harm and wishes you well for future endeavours but please review your above statements as i personally think it's very offensive.
cheers!

PS: anybody else receive their 1st claim? and can somebody pls update sales chart?