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Investment Covillea Bukit Jalil, Berjaya Properties

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darius30
post Nov 8 2010, 12:11 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.
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100% ?? Now's that funny.... laugh.gif
prody
post 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.
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Think you need to explain a bit more about the 100%.
kochin
post 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
prody
post 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
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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.
nkhong
post 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 ....
super911
post Nov 8 2010, 05:02 PM

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If you believe property price is going to come down, think twice.
return78
post Nov 8 2010, 10:51 PM

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QUOTE(super911 @ Nov 8 2010, 05:02 PM)
If you believe property price is going to come down, think twice.
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If you believe property price is NOT going to come down, think quince. tongue.gif
kochin
post 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>
super911
post 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.  tongue.gif
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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.
kochin
post 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.
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i like your optimism! rclxms.gif
zuiko407
post 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.
Quigonbond
post Nov 16 2010, 05:55 PM

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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
SUSjalsrix
post 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
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What happened after announcment ? 0 sales or slow down ?
preliew
post Nov 17 2010, 08:46 AM

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wish to get this, just no more loan margin...;-(
tengster
post Nov 17 2010, 09:01 AM

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preliew- you don't find this place as over-supplied as Setapak meh?
preliew
post Nov 17 2010, 09:07 AM

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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...
tengster
post Nov 17 2010, 09:47 AM

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thought they have green avenue, jalil Damai, treez, the zest (not far).
preliew
post Nov 17 2010, 09:49 AM

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but still less than setapak area la....the zest belong to kinara area...
super911
post 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).
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Jalil damai, treez are another part of BJ already. Different staying condition if you are familiar with the location.
property101
post 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.
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if the person has a car, BJ and BBJ make no difference


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