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Investment Covillea Bukit Jalil, Berjaya Properties
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darius30
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Nov 8 2010, 12:11 PM
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Getting Started

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QUOTE(kochin @ Nov 8 2010, 12:06 PM) funny you say so because i'd been getting a lot of enquiries lately. that's why contemplating to sell or not. best offer currently is about 100% from what i'd vested in. think i should let go? personally i think the rental or fully completed should be more valuable. 100% ?? Now's that funny....
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prody
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Nov 8 2010, 12:21 PM
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QUOTE(kochin @ Nov 8 2010, 12:06 PM) funny you say so because i'd been getting a lot of enquiries lately. that's why contemplating to sell or not. best offer currently is about 100% from what i'd vested in. think i should let go? personally i think the rental or fully completed should be more valuable. Think you need to explain a bit more about the 100%.
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kochin
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Nov 8 2010, 01:09 PM
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as i'd said. 100% from what i'd vested in. 10% downpayment + lawyers fees + misc costs + differential sums between loan vs selling price
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prody
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Nov 8 2010, 01:41 PM
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QUOTE(kochin @ Nov 8 2010, 01:09 PM) as i'd said. 100% from what i'd vested in. 10% downpayment + lawyers fees + misc costs + differential sums between loan vs selling price I'd take the money and run. A few years back I used to rent at a much cheaper condo (< 200K, RM 1200 everything except TV) at a better location (very near LRT) in Bukit Jalil. So I'm a bit amazed at these prices.
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nkhong
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Nov 8 2010, 02:20 PM
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Early buyer definately can get more than 100% from what they invested in since developer has increased price two or three times and still got buyer.
It is either you take the money and run and the property price keep increase and you cry.
Or You keep the property and the property price drop and you cry.
Looking at what happened to China, I would prefer to keep it ....
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super911
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Nov 8 2010, 05:02 PM
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If you believe property price is going to come down, think twice.
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return78
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Nov 8 2010, 10:51 PM
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Getting Started

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QUOTE(super911 @ Nov 8 2010, 05:02 PM) If you believe property price is going to come down, think twice. If you believe property price is NOT going to come down, think quince.
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kochin
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Nov 9 2010, 08:49 AM
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lol. my brain says take the money now. my heart says keep it for the long term. it'll be passive income till i die. so, listen to my heart or brain now? a bird in hand better? aiyayah! decision decisions decisions. anybody wants to attend a private auction of my unit? <just kidding>
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super911
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Nov 9 2010, 09:16 AM
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QUOTE(return78 @ Nov 8 2010, 10:51 PM) If you believe property price is NOT going to come down, think quince.  It's easy to just talk but not taking action. When I bought this property last year with 400k, some ppl in the forum said overpriced and not worth it. Till now still the same. When property price goes beyond their means, they scold the government, the developer, investor, except themselves.
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kochin
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Nov 9 2010, 10:18 AM
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QUOTE(super911 @ Nov 9 2010, 09:16 AM) It's easy to just talk but not taking action. When I bought this property last year with 400k, some ppl in the forum said overpriced and not worth it. Till now still the same. When property price goes beyond their means, they scold the government, the developer, investor, except themselves. i like your optimism!
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zuiko407
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Nov 9 2010, 10:42 AM
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you are right, super911, that's why i'll buy if any good deal rather than complain.
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Quigonbond
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Nov 16 2010, 05:55 PM
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New Member
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Hi guys,
I just contacted Berjaya Properties - still got about 30 units left as of this date. Sale has been ok until BNM imposed max 70% financing to prevent speculation.
I've read through this thread and I commend you guys for demanding that the developer hold to higher quality and standards. It is true that Covellia is overpriced for the moment, so the developer should appreciate the faith placed by purchasers and deliver on completion something we can all be contented with.
In the meantime, let's hope the leftovers are sold quickly and some of us can look at reselling prior to completion. Apparently that's permitted under the amended Housing Development Act.
Cheers, Daniel
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SUSjalsrix
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Nov 16 2010, 09:11 PM
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QUOTE(Quigonbond @ Nov 16 2010, 05:55 PM) Hi guys, I just contacted Berjaya Properties - still got about 30 units left as of this date. Sale has been ok until BNM imposed max 70% financing to prevent speculation. Daniel What happened after announcment ? 0 sales or slow down ?
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preliew
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Nov 17 2010, 08:46 AM
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Getting Started

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wish to get this, just no more loan margin...;-(
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tengster
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Nov 17 2010, 09:01 AM
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preliew- you don't find this place as over-supplied as Setapak meh?
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preliew
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Nov 17 2010, 09:07 AM
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Getting Started

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nope........no many condos on this area, future only gt covilea, savana 2, maybe yet to launch km1......and dun forget the golf view....setapak is uncomparable...
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tengster
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Nov 17 2010, 09:47 AM
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thought they have green avenue, jalil Damai, treez, the zest (not far).
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preliew
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Nov 17 2010, 09:49 AM
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Getting Started

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but still less than setapak area la....the zest belong to kinara area...
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super911
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Nov 17 2010, 10:49 AM
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QUOTE(tengster @ Nov 17 2010, 09:47 AM) thought they have green avenue, jalil Damai, treez, the zest (not far). Jalil damai, treez are another part of BJ already. Different staying condition if you are familiar with the location.
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property101
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Nov 17 2010, 11:24 AM
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QUOTE(super911 @ Nov 17 2010, 10:49 AM) Jalil damai, treez are another part of BJ already. Different staying condition if you are familiar with the location. if the person has a car, BJ and BBJ make no difference
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