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1120 Park Avenue - Petaling Jaya Selatan v2, Jln PJS1/50, Petaling Utama, 46150 PJ
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TeannaLim
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May 13 2012, 04:55 PM
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Getting Started

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Photos taken on 13th May: Block 9
Block 5
Block 3
Block 5, 3, Cark Park, & 1
Block 3, Car Park, & 1
Block 1
This post has been edited by TeannaLim: May 13 2012, 05:17 PM
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NEO.rage
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May 16 2012, 12:04 AM
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QUOTE(lai.realtors @ May 10 2012, 12:32 AM) no valuation can be done if the unit is still underconstruction at this stage just can base on personal instinct  RM360k?
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Chris Chew
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May 16 2012, 12:33 AM
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What is the projected price per sq ft upon completion at early 2013?
Added on May 16, 2012, 12:35 am What is the projected price per sq ft upon completion at early 2013?
This post has been edited by Chris Chew: May 16 2012, 12:35 AM
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TeannaLim
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May 17 2012, 12:08 PM
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Getting Started

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Unless you are in real desperate need to cash out your initial down payment or to lock in the current perceived value, my personal opinion is to best hold until after vacant possession by the developer.
My rationale for above suggestion is as follows: 1) I only paid 10% of the initial purchase price (my loan is 90%) and nothing more until 18 months after vacant possession (VP); 2) The selling price for new launches in the Klang Valley hovers above RM400 psf, and the price will at least hold if not increase further despite all the hypes of a property bubble which if it should burst would most probably affect only those valued above RM1.0 million; 3) Since the project is still in progress there is still an element of risk and the price will be at a discount. However, despite the discount the seller can only get full payment after VP if and only if there is no objection to the ownership transfer. If that is the case, why sell now at a discount? 4) It will take another 12 months before a seller now will get the balance and in the meantime, the prices upon VP could go either way but then a seller would have given a discount and would never be able to realise its full value unless s/he is willing to forego/refund the deposit with penalty and terminate the Sales & Purchase Agreement; and 5) If I want to flip, I will still await a fairer valuation upon VP as there are numerous considerations to evaluate (such as quality of materials & workmanship, prices of other similar condos in Klang Valley, types of residents/owners, neighbourhood, access to highways or main roads, proximity to schools, location, etc, etc). I don't want any eternal regrets if the price is way above the transacted price but it is highly unlikely that the price will drop below RM400 psf after VP.
The above is only my personal opinion and I will revisit the rationale in May 2013.
This post has been edited by TeannaLim: May 17 2012, 01:16 PM
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HUJIUNEN
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May 18 2012, 08:35 PM
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Getting Started

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oh teanna lim you are better than realtors lai. look like u are a smart investor. any other opinion or suggestion for newbies like us
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TeannaLim
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May 19 2012, 12:12 AM
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Getting Started

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QUOTE(HUJIUNEN @ May 18 2012, 08:35 PM) oh teanna lim you are better than realtors lai. look like u are a smart investor. any other opinion or suggestion for newbies like us Sorry, I am one of the newbies myself. I was just expressing my opinion to discourage any premature or fire sale for short term gain as this will jeopardise our future long term value / gain since our holding cost until VP is minimal - if you know what I mean. Cheers.
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1071120189
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May 21 2012, 10:46 AM
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New Member
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I have interest on this condo. Anyone want to sell? I buy for my own stay. Please contact me 0165134564 Mei. Thanks
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Crystal2
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May 21 2012, 06:15 PM
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QUOTE(1071120189 @ May 21 2012, 10:46 AM) I have interest on this condo. Anyone want to sell? I buy for my own stay. Please contact me 0165134564 Mei. Thanks Considering the advices by TeannaLim, perhaps you may want to offer a price that I can't refuse. My unit is in Block 3, M type, high floor.
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HUJIUNEN
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May 29 2012, 06:53 PM
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Getting Started

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QUOTE(Crystal2 @ May 21 2012, 06:15 PM) Considering the advices by TeannaLim, perhaps you may want to offer a price that I can't refuse. My unit is in Block 3, M type, high floor. how is the offer given, its up to you satifaction or more
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Crystal2
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May 29 2012, 07:54 PM
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QUOTE(HUJIUNEN @ May 29 2012, 06:53 PM) how is the offer given, its up to you satifaction or more  Not a sound as expected, not that I am disappointed ... as I am just testing the water to see if there is really a demand for an incomplete unit. My intention is to stay in 1120 PA but if the price is right, who knows if I will change my mind as next year is still sometime to go.
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HUJIUNEN
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May 31 2012, 07:22 PM
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Getting Started

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QUOTE(Crystal2 @ May 29 2012, 07:54 PM) Not a sound as expected, not that I am disappointed ... as I am just testing the water to see if there is really a demand for an incomplete unit. My intention is to stay in 1120 PA but if the price is right, who knows if I will change my mind as next year is still sometime to go. mind to share the offer price. it is less than 350/f2
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Planist
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May 31 2012, 08:41 PM
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New Member
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Nice project, what are the current going prices?
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Crystal2
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May 31 2012, 11:00 PM
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QUOTE(HUJIUNEN @ May 31 2012, 07:22 PM) mind to share the offer price. it is less than 350/f2  No news is good news ... I am still waiting for an offer. Maybe you should PM 1071120189 or lai.realtors if you want to sell yours. Cheers
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HUJIUNEN
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Jun 5 2012, 06:25 PM
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Getting Started

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heard that a giant super market will be built at the empty land.any one knew about it
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colt45
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Jun 5 2012, 08:25 PM
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the plot was reserved by peters for a supermarker/hypermarket..but dunno either giant or tesco or carrefour or ekonsave
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MaiGehGeh
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Jun 5 2012, 09:32 PM
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QUOTE(HUJIUNEN @ Jun 5 2012, 06:25 PM) heard that a giant super market will be built at the empty land.any one knew about it nearby got giant already still build giant?
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lamode
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Jun 5 2012, 11:27 PM
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QUOTE(colt45 @ Jun 5 2012, 08:25 PM) the plot was reserved by peters for a supermarker/hypermarket..but dunno either giant or tesco or carrefour or ekonsave if its econsave then better don't build...
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HUJIUNEN
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Jun 6 2012, 05:25 PM
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Getting Started

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where is the giant nearby. i am not familiar with there.why no one thought about cold storage.hahahahahhaha
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20yrsinsrisentosa
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Jun 7 2012, 11:39 AM
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Getting Started

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QUOTE(HUJIUNEN @ Jun 6 2012, 05:25 PM) where is the giant nearby. i am not familiar with there.why no one thought about cold storage.hahahahahhaha most probably because even you can't find a stand-alone cold storage building. did you?
This post has been edited by 20yrsinsrisentosa: Jun 7 2012, 03:14 PM
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