I have to agree with this

My experience towards business purpose is dont go to far...later cannot come back...tears also no use.....

My other experience is I sold my koi kinrara unit 1153sq to my friend for Rm380,000. I should be able to sell at a higher price compare to current market where everybody pushing for higher price. If i'm lucky enough I'll earn more (who doesnt wanna earn more) but its better to be safe than sorry lo......just my few cents of opinion

House buyer with 380k can only settle with Koi Kinrara with 1000 units density and so so location ... haaiizzzz ...

After looking at several psf of condos with less appealing characteristics, tz at $450k is almost a steal .. honestly. It would not be hard to transact at this price (higher 1/2 yr from now) unless the whole market psf comes down due to nationwide/worldwide factor.

would like to revise my unit. → Rm485k (valid for 2 months)

it's amazing that you can deduce tz @ rm450psf is a steal when it's not VP yet.

Really fascinating reading this thread
For certain quoted pricing I really need at least 6 mths to digest...somehow it valids onli for 2 mths b4 it will ne adjusted upward again

Not same boss........my view :

1. generally ppl who r looking to buy landed dont look at apartments as comparisons.

2. Link houses..........lacks plan B as an investment..........no yields...............

ok lo......you say so so.....so so lo......

Aren't all of us amazing here haha..

Btw 'After looking at several psf of condos with less appealing characteristics, tz at $450k is almost a steal .. honestly. It would not be hard to transact at this price (higher 1/2 yr from now) unless the whole market psf comes down due to nationwide/worldwide factor.'

Isn't that how valuers do valuation ?

Eh, just relooked things, i said rm450k leh, not $450psf haha..

This post has been edited by mrPOTATO: Aug 5 2011, 10:07 AM

(Note: Re-posting based on livelifefull's re-pricing)


The Zest: Units for Sale @ 5 Aug 2011:

1) Block C 7th Floor KLCC View - RM410k (techno)
2) Block B 16th Floor Golf Course View - RM420k (siaww)
3) Block B 18th Floor Golf Course View - RM520k (Covillea)
4) Block C 9th Floor KLCC View - RM400k (leong4san)
5) 16th floor KLCC View (Type C) - RM485K (livelifefull) - valid for 2 months (till 3 Oct 2011) only
6) Block C 12th Floor (1,191 sf) KL View Face East Type-B - RM450k (keithcky)
7) Block C 20th Floor Sunway PJ/Swimming Pool View with free 2 unit A/C - RM460k (jen_jen)
8) Block B 3A Floor Swimming Pool View - RM500k (cheraspeople)
9) Block C 17th Floor (1,191 sf) KLCC View - RM400k (batilcl)
10) Block C 5th Floor KLCC View - RM460k (ukuan)
11) Block A 2nd Floor Golf Course View - RM440k (Koiman)
12) Block A 10th Floor (TCH Ent)
13) 5th Floor, KLCC View - RM450k (chrisleews)

This post has been edited by Covillea: Aug 5 2011, 10:23 AM

Covillea is doing a good listing there...

but only 13units for sell so far...

should be more zester's haunting this threat waiting for the right time i guess

Source: JLW / Credit Suisse

JLW’s reported sales rate of new housing launches in the Klang Valley inched up to 80% in 2Q11 (78% in 1Q11). Sales rate for condos rose to 80% in 2Q11, despite having the highest number of launched units per quarter since 2000.

Good demand momentum should maintain as many buyers are owner-occupiers and there is genuine demand for houses. We expect the strong sales rate to continue in 3Q11.

Housing sales rate in 2Q11 inched back up to 80%. According to JLW, the sales rate of new housing launches in the Klang Valley inched up to 80% in 2Q11, from 78% in 1Q11 & 1Q10. The sales rate of ‘units available and monitored’ remained flat at 69%.

JLW expects good demand momentum to prevail as many buyers are owner-occupiers and there is genuine demand for houses underpinned by urbanisation, a growing population and the Greater KL Plan.

Condo market remained buoyant with record launches. The condo market in Klang Valley also performed well in 2Q11, with take up rate of new launches rising to 80% (70% in 1Q11), despite having the highest number of launched units per quarter since 2000.

More launches are expected in the near term, backed by the strong demand. The mass and mid-high segment and smaller units (<2,500 sq ft) are expected to do well.



Conclusion: Demand for The Zest upon VP will skyrocket based on the expert research above.

This post has been edited by Covillea: Aug 5 2011, 11:20 AM

thats 400psf............n looks reasonable to me...............altho suspect there wiill be few units transated at below 400psf in the 1st few months cum VP..........

After all SW latest phase going at 600psf............makes TZ looks cheap at over 30% disc.............

I thinkt those who want to sell below than RM400/sf probably needs to apply TZ consent (Sekatan-sekatan kepentingan - harga terlalu rendah) fr Covillea

This post has been edited by UFO-ET: Aug 5 2011, 11:47 AM

400psf i will sell... any any?

Maybe can ask Covillea to prepare a standard pricing list based on type and level etc. NO SELL below that amount. Will need cooperation and united from all TZ owner. M sure pricing from Covillea will not dissapoiint the owners.

Anyone selling Zest below RM370/sf? Now comparing to Kiara 2 and ZR also... Both of them now roughly RM370/sf to RM390/sf...

Asian markets plunge in early morning trade


KUALA LUMPUR: Asian markets plunged in Friday morning trade as concerns over the health of the global economy continued to take centre stage.

Tokyo's Nikkei 225, Sydney's S&P/ASX 200 and Seoul's Kospi were the harbingers of the trading day in the region when they tumbled at market open.

At mid-morning, the Nikkei fell 324.92 points to 9,334.26, the Hang Seng 888.26 points to 20,996.48, the Shanghai's Composite 56.25 points to 2,627.78, the Kospi 72.68 points to 1,945.79, the S&P/ASX 170 points to 4,106.50, and Singapore's Straits Times Index 83.81 points to 3,023.20.

On the local front, the FBM-KLCI lost 17.87 points to 1,529.02, with turnover at 626.8 million shares valued at RM1.09bil. There were 22 gainers, 807 losers and 98 counters traded unchanged.

Top gainers were Latitude Tree Holdings which rose 15 sen to RM1.05, Catcha Media Bhd which rose 13 sen to 89 sen, and UAC which rose 9 sen to RM3.15.

Top losers were British American Tobacco which shed 88 sen to RM45.40, Panasonic Manufacturing Malaysia which shed 50 sen to RM23.88 and United Plantations which lost 50 sen to RM20.10.

Nymex crude oil was quoted at US$85.40 per barrel as at 9.47am. Spot gold was quoted at US$1,649.89 per ounce, while the ringgit was quoted at 3.011 to the US dollar.

CONCLUSION: Can demand for The Zest upon VP skyrocket based on the expert research above ?

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Added on August 5, 2011, 1:22 pmyea, TZ going at 400psf............makes Sierra Residency looks cheap at over 30% disc.............


This post has been edited by zavier98: Aug 5 2011, 01:22 PM

If whole market goes down, nothing much anyone can do, even the american Fed .. Sierra residency was a real good buy so cannot put it down, too bad no courage to buy las time. Anyhow, if talking about market, tz will capture a wide rental market cos of d lrt convenience and yet nestled among upper-mid landed props, seldom c this type of atrribute among condos. Mayb its time to speculate on the rentals too

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Added on August 5, 2011, 1:39 pmU dun kaukauchan la .. based on yr oug props i knw u fishing oni.

This post has been edited by mrPOTATO: Aug 5 2011, 01:39 PM

may i ask when is the expected or tentative date that lrt line gonna commence operation (not construction okay?).
thanks.