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Investment CASCADES RESIDENCY KOTA DAMANSARA [OWNERS' THREAD], Ultra-modern apartments, office & plaza

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csi78
post Nov 20 2010, 02:24 PM

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My friend was shocked when he heard i was going for the launch of Cascade. He thought it was 'casket' (coffin).
I changed my mind about buying, the thought of saying 'i stay in casket'.
csi78
post Nov 21 2010, 03:40 AM

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QUOTE(maldiniho @ Nov 20 2010, 10:00 PM)
despite the odd name and recent 70% LTV, 90% units have been sapu by 2pm. and that was just private preview only!
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Hmm, apparently it's a new strategy by developers to only open a few units at a time and they'll say the rest are taken up so that people will rush to get whatever units that are available. And then few weeks down the road they will open a few more and say these buyers can't get loan etc etc... and even put a higher price tag.

I heard that from someone who is in the industry. Not sure was it a sour grape remark or it's the truth. Nevertheless, they wouldn't be able to pull it off if the property is not situated in a strategic area. But at least these buyers will buy hastily without thinking that the property might be overpriced.

RM600/sqf is indeed a lil high.

 

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