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Investment ISOLA SUBANG JAYA [OWNERS' THREAD], Next to Empire Subang and upcoming SJCC
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BeastB
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 Oct 29 2011, 04:17 PM
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QUOTE(henryhing @ Oct 29 2011, 11:52 AM) Lets set a benchmark. Above how much should we all boycott and condemn this project ?? like many did for Da men usj 1. Of course there will still be some water fish around. I think this one should not exceed rm600 psft. Of course fascilities plays an important role including maintenance fees. I don't think we make up 0.5% of the target market which SD is targetting....surely at least 30-40% of their projects will be taken up by their own big fish/contacts.  |
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BeastB
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Apr 8 2013, 06:33 PM
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I have a friend who works in a prop valuation company and her co. did the valuation for this project....based on materials used and all the usual criteria checked out, the company valued it at rm350. And SD opened sales starting from rm600psqft....the magic of riding on brand name.
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BeastB
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Apr 9 2013, 12:50 AM
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QUOTE(Chris Chew @ Apr 8 2013, 08:47 PM) You mean, she valued RM 350 psf for The Isola few years back then upon launching or now ? I think even RM 350 psf back then, it would be over conservative and low, I did checked it with 2 of my friends too, abt RM 550 psf back then. Upon launching, SD approached the company to value their potential project. The company bases the valuation on location, materials used, and overall planning and construction of the project...and according to her, SD actually uses the SAME materials and build quality of most other developers for most of their projects. Their markup of 50-70% psft is just brand riding. |
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