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 RRIM @ sg Buluh., big development coming, can invest/flip

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SUSNew Klang
post Dec 12 2015, 01:02 PM

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Klang 20x65 selling 620k about a year ago.

Semenyih selling similar price.

This location near PJ so should be much higher.

Wondering whether any link house to be launched?

Or just superlink and above.

wil-i-am
post Dec 12 2015, 01:46 PM

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Which developer will launch project 1st?
nexona88
post Dec 12 2015, 01:56 PM

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MRCB or NAZA? yawn.gif
cannible
post Dec 12 2015, 02:22 PM

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Land clearing rrim spotted yesterday. But didnt see developer sign board
nexona88
post Dec 12 2015, 03:02 PM

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QUOTE(cannible @ Dec 12 2015, 02:22 PM)
Land clearing rrim spotted yesterday. But didnt see developer sign board
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if u pass by again the place & managed to see sign board. Do update us..
wil-i-am
post Dec 12 2015, 04:10 PM

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QUOTE(cannible @ Dec 12 2015, 02:22 PM)
Land clearing rrim spotted yesterday. But didnt see developer sign board
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Finally action speaks louder as everyone is looking forward to tis project
LDP
post Dec 12 2015, 10:33 PM

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Impiana might launch first ...i think
nexona88
post Dec 12 2015, 10:41 PM

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Impiana Land & Development Sdn Bhd will undertake the first bumiputera development at Kwasa Land, with an 8.79-acre project comprising 436 residential units in Kwasa Damansara.

The R3-2 project is part of the new township project near Subang Airport, being redevelopment of Malaysia Rubber Board (RRIM) land handled by Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd.

Impiana’s project will feature 396 condominium units, 20 park homes and 20 duplex penthouses with prices starting from RM650,000 per unit, Kwasa Land said in a statement today.

“The six-year development is expected to generate an approximate gross development value of RM400 million, which takes into account a 7% bumiputera discount,” said Kwasa Land managing director Datuk Mohd Lotfy Mohd Noh.

http://www.therakyatpost.com/business/2015...-at-kwasa-land/
cannible
post Dec 12 2015, 11:04 PM

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QUOTE(nexona88 @ Dec 12 2015, 11:41 PM)
Impiana Land & Development Sdn Bhd will undertake the first bumiputera development at Kwasa Land, with an 8.79-acre project comprising 436 residential units in Kwasa Damansara.

The R3-2 project is part of the new township project near Subang Airport, being redevelopment of Malaysia Rubber Board (RRIM) land handled by Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd.

Impiana’s project will feature 396 condominium units, 20 park homes and 20 duplex penthouses with prices starting from RM650,000 per unit, Kwasa Land said in a statement today.

“The six-year development is expected to generate an approximate gross development value of RM400 million, which takes into account a 7% bumiputera discount,” said Kwasa Land managing director Datuk Mohd Lotfy Mohd Noh.

http://www.therakyatpost.com/business/2015...-at-kwasa-land/
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Thanks for the info. Very keen to see how it will develop into.
LDP
post Dec 13 2015, 07:45 AM

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Condo going at 650k while further down the road u can fetch link houses at that range..im referring to elmina... Tough sell..am i right ?
SUSNew Klang
post Dec 13 2015, 08:19 AM

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What is the % of bumi quota?


nexona88
post Dec 13 2015, 11:14 AM

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QUOTE(New Klang @ Dec 13 2015, 08:19 AM)
What is the % of bumi quota?
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standard 50%? yawn.gif
wil-i-am
post Dec 13 2015, 12:42 PM

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QUOTE(LDP @ Dec 13 2015, 07:45 AM)
Condo going at 650k while further down the road u can fetch link houses at that range..im referring to elmina... Tough sell..am i right ?
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Wat is the proposed price here in terms of psf?
cannible
post Dec 13 2015, 12:45 PM

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Gents nowadays concept selling can fetch higher per sqft
nexona88
post Dec 13 2015, 02:35 PM

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QUOTE(cannible @ Dec 13 2015, 12:45 PM)
Gents nowadays concept selling can fetch higher per sqft
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the location also play part, other than developer profile yawn.gif
rumahmurah
post Dec 13 2015, 08:58 PM

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A new growth centre in the making ...... eco friendly, self-contained and with good connectivity.
Neoh1979
post Dec 13 2015, 09:45 PM

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Star Avenue already opened... Ms is pushing their project real hard.... Dsara sentral. Not so good pick up rates
forever1979
post Dec 14 2015, 09:30 AM

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damansara sentral price is quite steep in term of psf

cannible
post Dec 14 2015, 10:14 AM

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MS products ma.. they bring future to u. Of course sell future price lo.
cannible
post Dec 14 2015, 10:24 AM

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MS brings future to u. Naturally selling future price. D sentral attached to MRT station, i believe MS did its evaluation of kwasaland price being sold plus appreciation (5years approx) and its project cost which will add up to its current selling price. The price may look steep now. But once kwasaland starts to develop. D sentral price may turn out reasonably a good bet. Again is the holding power for investor. I see the whole area full of opportunities in future.

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