Kinrara Residence Sales as at 10 Sept 2011 (Impressive!!!)

- Semi-D Three-Storey (total 144 units, 119 units sold, 25 units left only) - 83% sold
- Semi-D Double-Storey (total 120 units, 98 units sold, 22 units left only) - 82% sold
- Link Three-Storey Purchasers (total 269 units, 245 units sold, 24 units left only) - 91% sold
- Link Two-and-a-Half-Storey (Total : 67 units, 60 units sold, 7 units left only) - 90% sold
- Link Double-Storey (Total : 113 units, 105 units sold, 8 units left only) - 93% sold

Bungalow:
1)

Semi-D Three-Storey:
1) Antzfield
2) cookies_cai

Semi-D Double-Storey:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy

Link Three-Storey:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp
5) MILAN88
6) lupjoeq
7) FlyingJoy

Link Two-and-a-Half-Storey:
1) krgia10

Link Double-Storey:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit
5) Immortal

Note :
2 & 2 1/2 storey still have 28+units bumi lots open for non-bumi
3 storey Superlink new price 1.068 million
2 storey Semi-D - Left Bumi lot

Calling all KR purchasers to check-in so that we can establish an informal group (outside the forum) prior to VP to safeguard each other's interests & also to work with Mah Sing to promote KR to the next level. A Teh Tarik Session to be arranged once we've everyone reporting in.

This post has been edited by Covillea: Sep 14 2011, 11:36 AM

mah sing a bit quiet?

if mah sing/tms don't drop the price, then hardly will have drop-off rate.

if they start to drop the semi-d prices, then we'll see bulk drop-off.

semi-d 2&3 storey are done deal. no need to push anymore.

let's come together to provide innovative ideas to mah sing to promote the bungalows.

what i meant is if mah sing continues to raise the selling price of future launches, then pull-out rate for semi-d will be lower.

Kinrara Residence Sales as at 10 Sept 2011 (Impressive!!!)

- Semi-D Three-Storey (total 144 units, 119 units sold, 25 units left only) - 83% sold
- Semi-D Double-Storey (total 120 units, 98 units sold, 22 units left only) - 82% sold
- Link Three-Storey Purchasers (total 269 units, 245 units sold, 24 units left only) - 91% sold
- Link Two-and-a-Half-Storey (Total : 67 units, 60 units sold, 7 units left only) - 90% sold
- Link Double-Storey (Total : 113 units, 105 units sold, 8 units left only) - 93% sold

Bungalow:
1)

Semi-D Three-Storey:
1) Antzfield
2) cookies_cai

Semi-D Double-Storey:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy

Link Three-Storey:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp
5) MILAN88
6) lupjoeq
7) FlyingJoy
8) ckwong111

Link Two-and-a-Half-Storey:
1) krgia10

Link Double-Storey:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit
5) Immortal

Note :
2 & 2 1/2 storey still have 28+units bumi lots open for non-bumi
3 storey Superlink new price 1.068 million
2 storey Semi-D - Left Bumi lot

Calling all KR purchasers to check-in so that we can establish an informal group (outside the forum) prior to VP to safeguard each other's interests & also to work with Mah Sing to promote KR to the next level. A Teh Tarik Session to be arranged once we've everyone reporting in.

---

Added on September 26, 2011, 5:56 pmDevelopers expect higher property prices

Aidila Razak • Sep 26, 11 12:09PM

About half of Malaysian property developers nationwide surveyed in July expect to raise prices at the back of a spike in cost of building materials.

According to the Real Estate and Housing Developers' Association Malaysia (Rehda), about half of those surveyed plan to raise prices by 15 percent at launches this year.

On top of that, a whopping 65 percent of the 147 respondents expect general prices to rise up to 20 percent in the second half of 2011.

Presenting the survey results in Petaling Jaya today, Kuala Lumpur Rehda chief NK Tong (right) said much of the price rise is led by massive spikes in construction costs.

Leading this price hike is the cost of steel reinforcement which has gone up by 13 percent to RM2,589 per tonne compared to 2010, cement up 4 percent from RM15.64 per bag in 2010 and brick and partition, up 27 percent to 42 sen compared to 2010.
"This is experienced by 84 percent of the respondents," Tong said.

He noted that in Penang and the Klang Valley, land costs have also raised prices, with land going for as high as RM2,000 per square feet in Kuala Lumpur.

Rehda president Michael Yam added that labour costs are expected to also grow, particularly after the 6P amnesty programme.

"Much of the illegal workers which are to be made legal, work on construction sites.
"Will their wages be higher once they are legal?" Yam asked.

Beyond this, Rehda also expects the costs of compliance to rise, including waterworks for which fees are expected to go up as these are standardised nationwide.

"This does not bode very well for property developers...it places them in a difficult situation trying to contain costs to select a marketable price, and at the same time juggle the plethora of costs related to building materials, compliance and numerous contributions, among other," Yam said.

Levy, fine 'adding insult to injury'
Other factors contributing to a rise in prices include increased quotas for bumiputera lots.

Yam (right) said without automatic release schemes, developers are forced to hang on to unsold bumiputera units.

He said that to release these units so they can be sold to non-bumiputera buyers, developers have to pay a levy matching the bumiputera discount plus a fine.

"This is like adding insult to injury," he said lamenting that despite this, developers are still treated like as the "greedy bad guys".

He added that bumiputera lots are also hard to sell as "even bumiputera buyers don't want to buy these lots as it restricts them from re-selling to non-bumiputera".

This post has been edited by Covillea: Sep 26 2011, 05:56 PM

Kinrara Residence Sales as at 10 Sept 2011 (Impressive!!!)

- Semi-D Three-Storey (total 144 units, 119 units sold, 25 units left only) - 83% sold
- Semi-D Double-Storey (total 120 units, 98 units sold, 22 units left only) - 82% sold
- Link Three-Storey Purchasers (total 269 units, 245 units sold, 24 units left only) - 91% sold
- Link Two-and-a-Half-Storey (Total : 67 units, 60 units sold, 7 units left only) - 90% sold
- Link Double-Storey (Total : 113 units, 105 units sold, 8 units left only) - 93% sold

Bungalow:
1)

Semi-D Three-Storey:
1) Antzfield
2) cookies_cai

Semi-D Double-Storey:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy

Link Three-Storey:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp
5) MILAN88
6) lupjoeq
7) FlyingJoy
8) ckwong111
9) ms999

Link Two-and-a-Half-Storey:
1) krgia10
2) Immortal
3) Karas Otoha

Link Double-Storey:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit

Note :
2 & 2 1/2 storey still have 28+units bumi lots open for non-bumi
3 storey Superlink new price 1.068 million
2 storey Semi-D - Left Bumi lot

Calling all KR purchasers to check-in so that we can establish an informal group (outside the forum) prior to VP to safeguard each other's interests & also to work with Mah Sing to promote KR to the next level. A Teh Tarik Session to be arranged once we've everyone reporting in - tentatively let's target for Dec 2011.





Developers expect higher property prices

Aidila Razak • Sep 26, 11 12:09PM

About half of Malaysian property developers nationwide surveyed in July expect to raise prices at the back of a spike in cost of building materials.

According to the Real Estate and Housing Developers' Association Malaysia (Rehda), about half of those surveyed plan to raise prices by 15 percent at launches this year.

On top of that, a whopping 65 percent of the 147 respondents expect general prices to rise up to 20 percent in the second half of 2011.

Presenting the survey results in Petaling Jaya today, Kuala Lumpur Rehda chief NK Tong (right) said much of the price rise is led by massive spikes in construction costs.

Leading this price hike is the cost of steel reinforcement which has gone up by 13 percent to RM2,589 per tonne compared to 2010, cement up 4 percent from RM15.64 per bag in 2010 and brick and partition, up 27 percent to 42 sen compared to 2010.
"This is experienced by 84 percent of the respondents," Tong said.

He noted that in Penang and the Klang Valley, land costs have also raised prices, with land going for as high as RM2,000 per square feet in Kuala Lumpur.

Rehda president Michael Yam added that labour costs are expected to also grow, particularly after the 6P amnesty programme.

"Much of the illegal workers which are to be made legal, work on construction sites.
"Will their wages be higher once they are legal?" Yam asked.

Beyond this, Rehda also expects the costs of compliance to rise, including waterworks for which fees are expected to go up as these are standardised nationwide.

"This does not bode very well for property developers...it places them in a difficult situation trying to contain costs to select a marketable price, and at the same time juggle the plethora of costs related to building materials, compliance and numerous contributions, among other," Yam said.

Levy, fine 'adding insult to injury'
Other factors contributing to a rise in prices include increased quotas for bumiputera lots.

Yam (right) said without automatic release schemes, developers are forced to hang on to unsold bumiputera units.

He said that to release these units so they can be sold to non-bumiputera buyers, developers have to pay a levy matching the bumiputera discount plus a fine.

"This is like adding insult to injury," he said lamenting that despite this, developers are still treated like as the "greedy bad guys".

He added that bumiputera lots are also hard to sell as "even bumiputera buyers don't want to buy these lots as it restricts them from re-selling to non-bumiputera".

This post has been edited by Covillea: Sep 28 2011, 11:12 AM

hong kong & malaysia are not apple-to-apple comparison.

malaysia is still laggard in terms of price/psf.

there can be a correction but house prices unlikely to come down in the long run. do you know of any landbanks in Malaysia is lower than the price 10 - 15 years ago although we've gone through a few cycles of crisis?

there is dibs program between mah sing & cimb/maybank.

interest-free mah, why hsbc?

please confirm if all panel banks entitled as was told citibank was not in.

only cimb & maybank.

not sure about hsbc.

dibs - i.e. interests borne by developer during construction period

http://www.sunwayproperty.com/pd/scpdd_Sunway_Eastwood.aspx

sunway eastwood indicative semi-d price is rm2.5m to rm2.8m - can someone confirm?

this is only 5 mins from kinrara residence.

mah sing really has to buck-up man!!!

in any case mah sing's semi-d is below market price.

btw,

Cabinet approves access road to Mex
http://thestar.com.my/metro/story.asp?file...398&sec=central

this highway is just 5-8 mins from kinrara residence from the back road - hence direct access to jalan tun razak klcc town centre in 25 mins from kinrara residence doorstep!!!

This post has been edited by Covillea: Oct 14 2011, 10:20 AM

good news!

saw this:

http://alamsanctuary.77forum.com/t176-near...i-kembangan#434

collectively should ask for rm100 k discount

no, as i see too big a potential for kinrara residence.

someone offered to pay a rm300k premium but i also say no.

semi-d original purchaser last nov already rm400k paper gain.

3 years from today, you cannot get it at this price especially those buying to stay.

building material costs will not come down.

cement price will go up.
labourer cost will go up.
bricks will go up.
steel will go up.
inflation will go up.
utility bills will go up.
everything will be up.

kinrara sales guys need to be more daring to report to mah sing management.

they need to raise the price so that landscape can be further improve.

alreday the club house is alreday seeing wear & tear!!!

Kinrara Residence Sales as at 31 Oct 2011 (Impressive!!!)

- Bungalow
- Semi-D Three-Storey (total 144 units, 122 units sold, 22 units left only) - 85% sold
- Semi-D Double-Storey (total 120 units, 98 units sold, 22 units left only) - 82% sold
- Link Three-Storey Purchasers (total 269 units, 252 units sold, 17 units left only) - 94% sold
- Link Two-and-a-Half-Storey (Total : 67 units, 61 units sold, 6 units left only) - 91% sold
- Link Double-Storey (Total : 113 units, 106 units sold, 7 units left only) - 94% sold

Bungalow:
1)

Semi-D Three-Storey:
1) Antzfield
2) cookies_cai

Semi-D Double-Storey:
1) Covillea
2) driftmeister
3) eric er
4) cooolguy
5) comptechie1
6) liang7524
7) Kinraraboy

Link Three-Storey:
1) UFO-ET
2) frozen44
3) QW$$
4) allwerp
5) MILAN88
6) lupjoeq
7) FlyingJoy
8) ckwong111
9) ms999

Link Two-and-a-Half-Storey:
1) krgia10
2) Immortal
3) Karas Otoha

Link Double-Storey:
1) pcteck19
2) mrkenjiro
3) alfredfx
4) chkit

Note :
2 & 2 1/2 storey still have 28+units bumi lots open for non-bumi
3 storey Superlink new price 1.068 million
2 storey Semi-D - Left Bumi lot

Calling all KR purchasers to check-in so that we can establish an informal group (outside the forum) prior to VP to safeguard each other's interests & also to work with Mah Sing to promote KR to the next level. A Teh Tarik Session to be arranged once we've everyone reporting in - tentatively let's target for Dec 2011.

This post has been edited by Covillea: Oct 31 2011, 08:11 PM

due to the contour of kinrara residence, many have refrained from committing especially the floods in the region.

mah sing, any input on this fear?

---

Added on November 3, 2011, 1:28 pmnobody has any comments or input on this?

This post has been edited by Covillea: Nov 3 2011, 01:28 PM

but compare to bandar kinrara & taman damai utama, kinrara residence at lower contour. in addition, the water retention pond is there.

can mah sing gives assurance of drainage with so much developments?