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> KM1 WEST CONDO @ BUKIT JALIL [OWNERS' THREAD], Jalil and Kinrara corridor heats up

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xiaoniu8
post Jun 27 2013, 10:28 PM

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QUOTE(yeap99 @ Jun 27 2013, 10:23 PM)
mind to share info such as: property name, developer name, build-up and indicative price
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Sorry, no info yet. Just knowing developer is "Bro Vincent"-->Berjaya
yeap99
post Jun 27 2013, 10:30 PM

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QUOTE(xiaoniu8 @ Jun 27 2013, 10:28 PM)
Sorry, no info yet. Just knowing developer is "Bro Vincent"-->Berjaya
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I see
Chris Chew
post Jun 27 2013, 10:33 PM

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QUOTE(yeap99 @ Jun 27 2013, 08:08 PM)
If not mistaken, 1st quarter of 2014.
There are adverts on iproperty for sale, asking about 680/sf.
Think that will exceed 700/sf upon VP.
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wow, that was quite great indication of selling price.

I also notice The Treez owners are asking btw RM 650-680 per sq feet currently.

yeap99
post Jun 27 2013, 11:02 PM

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QUOTE(Chris Chew @ Jun 27 2013, 10:33 PM)
wow, that was quite great indication of selling price.

I also notice The Treez owners are asking btw RM 650-680 per sq feet currently.
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New BJ price/sf will be set by The Treez that expected to be VPed within these few months...lets see...how high can it goes
yeap99
post Jul 7 2013, 03:44 PM

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Could anyone advice if km1 west was fully sold?

kochin
post Jul 8 2013, 09:45 AM

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this could very well be futue's hero.
especially if pricing remains to be circa rm550psf.

Chris Chew
post Jul 8 2013, 10:11 AM

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QUOTE(kochin @ Jul 8 2013, 09:45 AM)
this could very well be futue's hero.
especially if pricing remains to be circa rm550psf.
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No more circa RM 550 psf dy boss. The remaining units by Seng Kung already price increased to RM 600+

And already got owners asking RM 630-690 psf before VP. Dunno do-able or not.

kochin
post Jul 8 2013, 10:13 AM

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QUOTE(Chris Chew @ Jul 8 2013, 10:11 AM)
No more circa RM 550 psf dy boss. The remaining units by Seng Kung already price increased to RM 600+ 

And already got owners asking RM 630-690 psf before VP. Dunno do-able or not.
*
what about units that remains unsold?
adjusted to prevailing market prices?
hhhmmmm.....

yeap99
post Jul 8 2013, 10:15 AM

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QUOTE(kochin @ Jul 8 2013, 09:45 AM)
this could very well be futue's hero.
especially if pricing remains to be circa rm550psf.
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Yes especially after malton launch their's at 900psf early next yr.
A lot of malls are to be built by 2015. BJ could be a hit and the flip market will be active again
yeap99
post Jul 8 2013, 10:19 AM

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QUOTE(Chris Chew @ Jul 8 2013, 10:11 AM)
No more circa RM 550 psf dy boss. The remaining units by Seng Kung already price increased to RM 600+ 

And already got owners asking RM 630-690 psf before VP. Dunno do-able or not.
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The last unit I know of at 1st floor with garden priced at rm1,113,000.
The most expensive golf view 1508sf on highest floor cost rm998,880 sold as well.
Vestor
post Jul 8 2013, 10:46 AM

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Pricing of property in this part of the town is more bustling than the development itself. Asking price closed to RM1k psf is not very far from Setia Ecocity, which to my opinion is more proven than BJ at the moment.
truly_malaysian
post Jul 8 2013, 10:49 AM

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The lowest entry price for KM1 West was around RM 450 psf @ RM 600k for 1,335 sqft, you won't get any condo at this price in Klang Valley anymore

This post has been edited by truly_malaysian: Jul 8 2013, 10:50 AM
yeap99
post Jul 8 2013, 12:58 PM

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QUOTE(truly_malaysian @ Jul 8 2013, 10:49 AM)
The lowest entry price for KM1 West was around RM 450 psf @ RM 600k for 1,335 sqft, you won't get any condo at this price in Klang Valley anymore
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I thought the 600k entry was for bumi lot?
If not mistaken, non bumi entry was around 640k in 2011
Chris Chew
post Jul 8 2013, 01:01 PM

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QUOTE(Vestor @ Jul 8 2013, 10:46 AM)
Pricing of property in this part of the town is more bustling than the development itself. Asking price closed to RM1k psf is not very far from Setia Ecocity, which to my opinion is more proven than BJ at the moment.
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Boss, which project in Bkt Jalil is asking price close to RM 1k psf ?

Chris Chew
post Jul 8 2013, 01:06 PM

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QUOTE(kochin @ Jul 8 2013, 10:13 AM)
what about units that remains unsold?
adjusted to prevailing market prices?
hhhmmmm.....
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I not sure whether the leftover units ( if not mistaken, 2 units left when I asked few months back ) had been sold or not.

It's fair for Seng Kung to adjust it to prevailing market price, where at this point, the property is VP soon, and buyers, esp those wanna buy for own stay and not willing to wait a fresh 3 years project, can directly purchase from developer with easier entry ( discount + free S&P ) rather than sub-sales.

Sunway Group doing the same approach especially adjusted ( those bumi units converted to non bumi ) units to current prevailed prices just few months before VP.

And KR1 and ZR also doing the same thing now. I expected KR2 will be the same.
kochin
post Jul 8 2013, 01:22 PM

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QUOTE(Chris Chew @ Jul 8 2013, 01:06 PM)
I not sure whether the leftover units ( if not mistaken, 2 units left when I asked few months back ) had been sold or not.

It's fair for Seng Kung to adjust it to prevailing market price, where at this point, the property is VP soon, and buyers, esp those wanna buy for own stay and not willing to wait a fresh 3 years project, can directly purchase from developer with easier entry ( discount + free S&P ) rather than sub-sales.

Sunway Group doing the same approach especially adjusted ( those bumi units converted to non bumi ) units to current prevailed prices just few months before VP.

And KR1 and ZR also doing the same thing now. I expected KR2 will be the same.
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from this:
http://idaman2.kpkt.gov.my:8888/idv5/98_eH...Nama=KM1%20WEST

it seems still got 16 units left.
supposedly updated only last month.
hence wondering the price.
Chris Chew
post Jul 8 2013, 01:40 PM

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QUOTE(kochin @ Jul 8 2013, 01:22 PM)
from this:
http://idaman2.kpkt.gov.my:8888/idv5/98_eH...Nama=KM1%20WEST

it seems still got 16 units left.
supposedly updated only last month.
hence wondering the price.
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Haha. Boss, u always active in the kpkt e-report.

It can be really still left 16 units, where it may only left 2 units for sale now and the balance 14 units could be directors' own units bcz normally, they dont sign the S&P until completion period. Can avoid interest and also directly sell to subsale buyers with easier route and cheaper cost of selling. Or, it can be, open up only 2 low floor units and keep the 14 units to open upon VP.

But, previously I engage with an associate of government housing department, they told me the e-report always outdated, seldom put into maintenance and always received issues of incomplete report. Thats why I never refer the kpkt ehome report since then.

kochin
post Jul 8 2013, 01:58 PM

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QUOTE(Chris Chew @ Jul 8 2013, 01:40 PM)
Haha. Boss, u always active in the kpkt e-report.

It can be really still left 16 units, where it may only left 2 units for sale now and the balance 14 units could be directors' own units bcz normally, they dont sign the S&P until completion period. Can avoid interest and also directly sell to subsale buyers with easier route and cheaper cost of selling. Or, it can be, open up only 2 low floor units and keep the 14 units to open upon VP.

But, previously I engage with an associate of government housing department, they told me the e-report always outdated, seldom put into maintenance and always received issues of incomplete report. Thats why I never refer the kpkt ehome report since then.
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thanks for your views.
i was under the impression that self own units are still binded with SPA (to escape RPGT mah).
previously from covillea track records, it was all sold. including the koreans units.

these kpkt report is submitted every quarterly. it is only as good as what has been submitted by the developers because kpkt is just the administrator to publish whatever information they received. they do not go through it. merely compilation and subsequently publishing the material.
but having said so, it is also one of the most accurate and useful tools one can use FOC to check on projects.

i was suspicious that units are still available because of the 'push' by seng kung to clear those units through referrals scheme and rebates. hence i assume there were still a handful of units available. if it's only 2, i doubt that seng kung would be so desperate to push for it.

anyway, nice to have your updates.
when is the expected vp for this baby and the treez?

Onn88
post Jul 9 2013, 10:58 PM

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QUOTE(kochin @ Jul 8 2013, 01:58 PM)
thanks for your views.
i was under the impression that self own units are still binded with SPA (to escape RPGT mah).
previously from covillea track records, it was all sold. including the koreans units.

these kpkt report is submitted every quarterly. it is only as good as what has been submitted by the developers because kpkt is just the administrator to publish whatever information they received. they do not go through it. merely compilation and subsequently publishing the material.
but having said so, it is also one of the most accurate and useful tools one can use FOC to check on projects.

i was suspicious that units are still available because of the 'push' by seng kung to clear those units through referrals scheme and rebates. hence i assume there were still a handful of units available. if it's only 2, i doubt that seng kung would be so desperate to push for it.

anyway, nice to have your updates.
when is the expected vp for this baby and the treez?
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279 Chinese buyers? Amazing... foreign investors e.g. Korean didn't sapu? Malaysian so rich hoh... Emm.....


This post has been edited by Onn88: Jul 9 2013, 11:06 PM
kohts
post Jul 10 2013, 06:58 PM

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QUOTE(yeap99 @ Jul 8 2013, 12:58 PM)
I thought the 600k entry was for bumi lot?
If not mistaken, non bumi entry was around 640k in 2011
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Correction:
620k: starting 630k for non bumi for the lowest floor - RM10k if you are the 1st 30 person + DIBS + 90% loan at BLR-2.45%. Still have to pay around 53k (63k - 10k discount) down payment

But then 620k at 2011 is significant..... Looking at 2013, some will say sap sap sui.
Just relativity base on current market trend.

This post has been edited by kohts: Jul 10 2013, 07:04 PM

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