3 lifts. Don't worry la, each level only 9 units.

i'm super confident that they need not until Q3 next year to VP. shall we have a side bet? of course sine you mention soonest is by Q3, i'll be betting latest by Q2!
with the correction, it's only 6 more floors to go until top floor. 6 floors should not take more than 2 months. they still have one full year to complete archi + infra works. some contractors can even do it within 6 months!
and absolutely sure it can be done.
just hoping they are not rushing and sacrificing quality for speed's sake.
so, what should we bet on??

ko chin,
bet 1 meal of bak kut teh la, on? By the way, someone offered me to sell my unit 1293sqft block B for RM570K. Do you think price can fetch higher than 600k when vp? Should sell or not?

you find me another buyer at rm570k, i treat you BKT now itself.
but my asking price still slightly higher.
if you do not wish to sell, ask the buyer to contact me.
bet's on. no problem.

to Berjaya: make sure VP by 30/06/2012!!! else pay me 'LAD' for BKT!!

This post has been edited by kochin: Apr 15 2011, 02:32 PM

Wah, 570k you also fast fast run ah? Why ler?

a bird in hand is better lah.
i slow and steady, no bullet liao lah. better get some bullets and shoot others lor.
this one consider bulleyes liao.

if you get rm570k, the other guy who mention he will release rm550k, dunno how ler? but he buy in <400k.
btw, how did you get the buyer in the first place?

True also la...But hor, KM1 selling >RM700K already. Wouldn't it be too chicken hearted to sell <RM600K?

that's why i'm planning to sell at rm600k lah.
hahahaha

KM1 b/u bigger than Covillea so it fetches higher price. If above 600k, doubt if you can sell it easily as people have more choices at this price.

Covillea already 1293sqft, km1 bigger some more ah? Who needs so big size condo except Ang moh.

Just got to know desa papilon at taman desa selling 700k + for 1300sqft. Kochin you sure want to let go your covillea at 570k?

This post has been edited by super911: Apr 15 2011, 06:22 PM

600k. my unit is at the top!
or penthouse shall i say.

i can see money flying into kochin pocket.. ho ho...
advance congratulation to all Covillea owners..

Last time 400k can buy Covillea (300+ units). Now 500k can only buy Z residences (1200+ units).

This post has been edited by super911: Apr 15 2011, 10:22 PM

so your buyer interested to get mine at rm600k or not. i am serious ler...

I thought you want to sell 570k?

By THOMAS HUONG | Apr 16, 2011
huong@thestar.com.my
To buy a home or wait

--------------------------------------------------------------------------------

First time home buyers who are daunted by soaring prices of residential properties in the Klang Valley should not wait in the hope of a softening in the property market.

Prospective new home buyers may want to take note of rising construction costs that are driving up property prices, as well as possible further interest rate hikes in view of the consumer price inflation hitting a 22-month high of 2.9% in February.

On Wednesday, SP Setia Bhd president and chief executive officer Tan Sri Liew Kee Sin said he expected home prices to rise by at least 10% this year, depending on location, to reflect higher construction costs.

“Property prices will not drop as the costs do not allow this anymore,” said Liew during the Invest Malaysia 2011 conference in Kuala Lumpur.

Meanwhile, a recent report from Hwang DBS Vickers Research says that as a proven inflation hedge, property should remain in demand even with potential interest rate hikes.

The report says while it is believed that the 70% loan-to-value cap managed to cap speculative activities to a certain extent, strong underlying demand from first-second home owners and upgraders has continued to support recent property sales, even at new benchmark prices.

The 70% loan-to-value ratio satisfies Bank Negara’s ruling (announced last November) which requires buyers of third and subsequent residential properties to fork out 30% downpayment.

Also, a recent survey by the Malaysian Institute of Economic Research (Mier) on residential property in the country says an astounding 61% of housing developers who responded to the survey had adjusted their prices of their residential properties upwards in the first quarter of this year – the highest proportion garnered since the third quarter of 2008.

None of the respondents in the survey had lowered their prices.

However, the Mier survey report concludes that pressure exerted by high costs of raw raw materials, fears of rising oil prices, and the interest rate factor could all combine and impact negatively on the sector in the coming months.

“This is likely to impinge on the future growth of outlying areas, and may also dampen the revival process of developments

that are currently suffering from low take-up rates, low population inflow and an overhang problem,” said the report.

Short-term outlook

The Mier report pointed out that “the short-term outlook for the residential property sector looks calm generally”.

Financial coaches and planners contacted by StarBizWeek also say that first time home buyers should not sit on the sidelines.

“There is no certainty that if you wait, you can get a cheaper residential unit. A property loan is long term. Even half a percentage point rise in interest rate will have a major effect for the home buyer,” said CTLA Financial Planners Sdn Bhd managing director Mike Lee.

Whitman Independent Advisors Sdn Bhd managing director Yap Ming Hui shares a similar opinion.

However, Yap cautions, “Waiting for a few months before making a buying decision may not make much difference in the purchasing costs, depending on the location and type of property the buyer is looking at.”

Carol Yip, chief executive officer of Abacus Advisory Sdn Bhd, also advises home buyers not to be too hasty.

“They must always look at their own financial positions and the affordability factor,” said Yip.

Any buyer Interested? I willing to let go my unit around RM600K for Block A-10-xx with Golf View + Balcony + facing swimming poll.

why so cheap? how much did you bought it?

walau, got competitor lai liao.
imho, your block a (unless low floor lah) should command premium lah. rm600k a little bit on the low side liao lah. u should ask higher.
rm600k is for my unit lah. hehehe...
peace!

Consider cheap cause lousiest unit at KM1 EAST sell at 600k also ... I would consider your unit better than KM1 EAST cause it is full golf course view as compare KM1 EAST I dunno really think they got those full golf course view and also potential golf view could be block by KM1 WEST ...