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Investment Covillea Bukit Jalil, Berjaya Properties

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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
Quigonbond
post Nov 29 2010, 11:40 AM

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QUOTE(jalsrix @ Nov 16 2010, 09:11 PM)
What happened after announcment ? 0 sales or slow down ?
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I don't think the sales stopped lo - just slow down coz some people they want to buy but couldn't get 80-90% financing

Daniel

Quigonbond
post Nov 29 2010, 06:31 PM

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QUOTE(hakon @ Nov 29 2010, 04:35 PM)
thanks man! good information. so this mean that price has gone up even before vacant possession by about 27%!!!
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hmm, for the last batch of buyers the price would have gone up 0% haha. I think I would count starting from the date all the units have been disposed of and we're talking secondary market : )

 

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