inflation is real. please ensure the future value of what you intend to sell is not the same of the value you bought 3 years ago. otherwise, you've not make a profit.

for example, if you make rm1k profit today, the purchasing power is lower than you own rm1k 3 years ago.

based on the basket, inflation is alreday at around 30%-40%, hence your rm1k is actually rm600 3 years ago.

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Added on June 22, 2011, 9:50 pmso to sell, you need to add 40% inflation + 5% rpgt + bank interest + stamp duties + legal fees, etc.

nett-nett 55% - 60% over your purchase price is safe. this is the price you need to pay to purchase similar type of condo in the same location.

every says km1 is cheaper but you've to wait 3 years. after new years, the price will go up again-lah

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Added on June 24, 2011, 11:00 amThe run-up in asset and commodity prices for the past two years has created massive wealth and income generation for the country. We estimated that both the residential property and equity markets have generated RM400bn of additional wealth for households since 2009. The run-up in commodity prices has also resulted in additional windfall income of RM15.7bn for smallholders over the period of 2010 & 2011.

 Our calculation shows that the estimated wealth and income effect on GDP is approximately 2.5% for the next three years or equivalent to 0.8% per annum should asset inflation is sustained modestly into 2012.

 Our studies suggested that households possess healthy balance sheets with room to gear up and capability to withstand potential shocks. The results also revealed that higher spending (income) group will tend to spend more on transport, medical, education, communications and discretionary items.

 We expect BNM’s modest tightening stance to support an environment for consumption-led growth reinforced by wealth effect from asset inflation.

HLIB Research 24 June 2011

This post has been edited by Covillea: Jun 24 2011, 11:00 AM

http://alamsanctuary.77forum.com/t171-prop...he-klang-valley

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-?)

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-?-?)
21) tay (A-10-?)

This post has been edited by Covillea: Jul 8 2011, 10:41 AM

Lai Meng, the best Chinese school in KL is moving from Jalan Ampang to Bukit Jalil. Class commencement targeted 2013.

Covillea & surrounding properties will boom like mad, like crazy, like nobody's business as people will pay premium for the children's education inclusing finding a residence nearby.

Bukit Jalil is set to soar. Covillea can easily fetch RM1mil now.

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-?-?)
21) tay (A-10-?)

stop press!!! stop press!!! stop press!!!

a new Kinrara Uptown Mall & The Avenue @ Kinrara Uptown (http://www.aqrs.com.my/kinrara.html), nestled in between 2 prized enclaves, i.e. kinrara residence & alam sanctuary are set to revolutionize the whole dimension of living experience. It’s certainly a well-kept secret finally unveiled to provide new freshness & excitement to all residents of puchong kinrara, right up-to seri kembangan.

just 3 mins away from kinrara residence’s proposed link road to lestari perdana & 5 mins away from pasar borong Selangor!!!

add another 10 mins if going from covillea...

---

Added on July 19, 2011, 10:54 amPurchasers 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-?)

This post has been edited by Covillea: Jul 19 2011, 10:54 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-?)

rm628k alreday lost money. wonder who's selling at a loss???!!!

not true.

inflation is already 20% in klang valley in ythe past 2 years.

having factor in 5% rpgt yet?

the last few units were sold at rm650 - rm680k, hence this guy is selling below developer's price???!!!

---

Added on July 21, 2011, 10:10 amPurchasers 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.

This post has been edited by Covillea: Jul 21 2011, 10:10 AM

inflation already 20%

spa, stamp duties = 10%

rpgt = 5%

opportunity cost for your 10% deposit = infinite

my advise is to sell at least rm820k so you don't jeopadize the hope of those late buyers who bought at rm680k.

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.

a new Kinrara Uptown Mall & The Avenue @ Kinrara Uptown (http://www.aqrs.com.my/kinrara.html), nestled in between 2 prized enclaves, i.e. kinrara residence (puchong) & alam sanctuary (seri kembangan) are set to revolutionize the whole dimension of living experience. it’s certainly a well-kept secret finally unveiled to provide new freshness & excitement to all residents of bukit jalil covillea, puchong the zest/kinrara residence, right up-to seri kembangan (pasar borong selangor).

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

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-?)

a new Kinrara Uptown Mall & The Avenue @ Kinrara Uptown (http://www.aqrs.com.my/kinrara.html), nestled in between 2 prized enclaves, i.e. kinrara residence (puchong) & alam sanctuary (seri kembangan) are set to revolutionize the whole dimension of living experience. it’s certainly a well-kept secret finally unveiled to provide new freshness & excitement to all residents of bukit jalil covillea, puchong the zest/kinrara residence, right up-to seri kembangan (pasar borong selangor).

2-prong:

one is to get-to-know your neighbors.

2nd is to see which neighbor is selling. and how much they're selling.

good idea. some imu students are quite well-off. very doable.

i think all you need is a bed & a study table in every room.

if you can provide wifi, then it's a sure bet already.

1) lights
2) fans
3) study tables
4) chairs
5) bed
6) kitchen cabinet (<rm1k)
7) broadband

dining table & mattress optional lah

This post has been edited by Covillea: Jul 26 2011, 06:30 PM

yahoo! can claim 10% interests from berjaya - better than epf or bank fd!!!

better fast fast deliver mah!

why wait long long ah?

Inflation & FDI driving-up property value. Price went up but actual purchasing power deminishes. rm600k condo can only be bought at rm900k with today's money value:

Govt Looks Into Rising Cost Of Living. The Government will tackle the rising cost of living issue to ease the public's burden. It has
been included into the National Key Result Areas (NKRAs) because the matter is greatly affecting Malaysians, Prime Minister Datuk
Seri Najib Tun Razak said. He said the latest NKRA, the seventh in the list, was decided at the Cabinet meeting yesterday. “The effort
covers the main issues that affect the rakyat and not exclusively food, but also other things that have direct bearing on the people's
well‐being. “We may also look at the supply chain to see how we can liberalise it to allow more food imports,” he said at a press
conference after chairing the 1Malaysia Online Roundtable discussion here. Najib said another possible plan was to use idle land for
food production. (The Star)
 FDI Inflows Up Six‐Fold To RM27b. Several chambers of commerce said the Government's Economic Transformation Programme
(ETP) success has resulted in more foreign investors. The UN Conference on Trade and Development's (UNCTAD) annual investment
survey reports showed that FDI inflows to Malaysia had rebounded more than six‐fold last year to US$9.1b (RM26.8b) from US$1.4b
(RM4.1b) in the preceding year. (The Star)