QUOTE(Covillea @ Apr 5 2011, 03:48 PM)
on s&p, yes 2014.
mah sing will try to deliver end-2013, ahead of schedule.
2014 & 2015 is predicted to be a critical year in property mkt, we foresee a over supply of apt/condo which may give certain impact on the KV housing price, as at today, no indication of slow down in new launching for condo projects below than 500K, everywhere can see BBB still.
KR future's appreciation is very much deciated by a few factors :-
1. The success of the Taman itself, maintenance of the common facilities is crucial, DPC proved to be a success model
2. LRT - already kick starts in Taman Esplanad / OUG
3. Interchange to Bdr Bkt Jalil - Ho Hup Jalil City
4. The Link road joint to Putra Permai - pending for another development
5. The success of Puchong as CBD, I am monitoring a few indicators projects which may transform the image of Puchong. KR is riding on the success of the development in Puchong enclave.
a. Setia Walk
b. PFCC
c. Intellicity
d. The Wharf (??)
e. Mileania City (??)
f. Jalil City (Bkt Jalil ??)

Setia Walk

Setia Walk

PFCC

The Wharf - Bolton

Mileania City - Millennium Land S/B - Hilton Hotel 100 acres mix development

Jalil City - Ho Hup

Jalil City
Added on April 6, 2011, 12:20 pmQUOTE(Covillea @ Apr 6 2011, 11:40 AM)
don't agree.
we're referring to a different class here. not the general mass. if someone wants to pay rm2 mil, he doesn't mind another 300k.
hence rm2.3 mil is reasonable.
The very lucky thing for KR is that Bandar Kinrara dun provide G+G, anything more than 1 million mark, buyers will prefer tight security. Jalil Sutera in Bkt Jalil has been traded 1.2 million - intermediate 23x80 - 2 1/2 storey basic hse.
Added on April 6, 2011, 12:26 pmJust check with KR SA, they reserve bout 30 units Bumi lot in 2 & 2 1/2 storey link house.
The SA said under Selangor housing rules, all projects are required to reserve 50% for Bumi, developer is allowed to release those 50% stage by stage after official launching, they need to advertise the project in local Malay press 3 times.
1st release - 15% (to non-bumi) - after 3 times advertisement, no response fr the Bumi
2nd release - 10% (to non-bumi) - after 3 times advertisement, no response fr the Bumi
3rd release - 10% (to non-bumi) - after 3 times advertisement, no response fr the Bumi
The remaining 10%-15% Bumi lot has to be carried forward after the CCC, developer then allowed to sell to non-Bumi
This post has been edited by UFO-ET: Apr 6 2011, 12:26 PM