QUOTE(TheOwl @ Jul 28 2012, 03:27 PM)
Even the EW bungalows look reasonable. I'd rather buy a bungalow or semi-d for the same price as the Emerald gardens super-link (what bullshit to call it super link bcs 24' used to be normal link house width) bcs the density would be lower. The bungalows or semi-d's will be 30-35 feet wide built-up compared to the 26 feet of Emerald gardens which are going for 900k+. For 900k+ can buy the Anggun 1 semi-d or a bungalow at the Sapphire Precinct at EW.
It's bcs there are takers. If not they won't be upping their prices by like 70k each time they release a few houses. They purposely do it this way so that they can keep increasing the price. If there's a boycott of the properties and they can't sell the prices will auto come down.
A friend told me today they launch Anggun City with shop houses going for 2ml onwards. The security and other services come to 1k every month. I can't imagine what happens if after it's ready the bubble bursts. No rental,how to pay bank instalments and pay for the services? No resale value and no takers too. Which smart aleck here got a solution? Hold and cry lor. The developer,the banker and the lawyer would have made their millions and laughing at the poor investors.
Yes, you are right. At this price, one can have a few alternatives to choose from in Emerald West. I did consider Anggun 1 & Sapphire Precinct before I decide on Emerald Gardens (EG). Don’t get me wrong, I’m a big fan of semi-d & bungalow. However at this moment, EG offers me what I’m looking for. Below are some of the factors why I choose Emerald Gardens over semi-d & bungalow.
1) BUILT UP SIZE: Comparison based on similar price range property. Emerald Gardens superlink type C (4157 sq ft), Anggun 1 semi-d (~2400 sq ft), Amberley semi-d (~2300+ sq ft) & Anggun 2 semi-d (2685 sq ft). Because of its large BU size, I think EG deserved to be called it superlink. Anyway superlink is just some fancy name developer created recently to attract buyers. I would buy it even it’s called Emerald Gardens Link House. It’s substance that matters.
2) LAND USAGE: Those semi-d & bungalow come with a big piece of extra land. I really like a nice garden in my house & I have green fingers but at this moment I can hardly find the time to tend to such a big piece of land. EG has a small piece of green beside the porch which is good enough for me. If I want to enjoy more greens, I’ll just go the private linear park just a stone throw away. BU size is more important for me right now

. Perhaps someday when I’m retired, I may consider a semi-d or bungalow.
3) DESIGN & LAYOUT: This is purely individual taste & I go for EG. With design & layout which suits me, it will save me lots of money on renovation.
4) DENSITY: EG (161 unit), Anggun 1 (235 units), Sapphire Precinct (~110 units), Amberley (162 units) & Anggun 2 (225 units). So EG is not really that high density lah..
5) SECURITY: Even all the above property are G&G/ F&G, I would still have to set up & rely on my own security measures

. Link house has less point of entry, so it gives me less headache. I have had enough bad experience on break-ins
6) PRICE: I entered EG at a much lower price than RM900k+
Regarding the upping of price practices, it seems like a norm for many developers nowadays. There are so many stage of property launch. In each stage the price will be adjusted according to the demand, which is usually up, 99.99% of the time. Got insider launch lah, sneak peek launch, preview launch, soft launch, hard launch, official launch & Tak Laku Re-launch

. Unless there is a mass boycott against this type of practices, I don’t see this is going to stop. So to avoid being a zucker, we have to rajin baca LYN, propertyWTF & etc.. As the saying goes, early bird catches the “early bird price”
As for Anggun City, this is a commercial property & I believe the investors are of a different league of players. Unlike small time investor like me. So not qualified to comment..