by the way what is the new price for semi-D now?

Covillea,

if you were offered RM1.7 mil for the basic intermediate unit, do you take it? i think you may not right. But looking at the trend of pricing 2nd last row priced at RM1.54mil highly likely last row will be priced at RM1.7 since it has 10 ft land extra.

Remember, MS has to sell 264 units of Semi-D (120 + 144) assuming the average price of RM1.4 mil that is total GDV of RM369 mil. Assuming 80% of MOF, the bank got to absorp ~ RM300 million in form of mortgage loan. NOT a small amount though! what is the size of Alam Sanctuary?

So dont be so greedy. Leave some room for the next guy to be able to get financing. in property investment, bank appetite to give out loan is critical, if they are not as bullish as you, market could not move. i think current price is about right! if it is truly KR a gem, the price will eventually move towards that direction later and must be concur by the end financier, ie the banks.

sorry if i have offended you ya!

Coolguy, excellent wish list! i hope you are not investor! if you are buying based on this wish list then you target price may not be achieved.

wah, after reading all the complain for link houses, it seems quite complicated ah. i think for those who bought from MH, MS cant force you to sign the DMC. so just dont sign until you satisfy. hopeful it dont happen to semi-Ds.

it seems that most of the units have been sold, excluding Bumi reserved units. By the way what do bumi reserved meant? Developer can only sell to bumi, then can the bumi purchaser sell to another non-bumi?

well, hard to say! how do you know no one will buy? currently, i believe most of the macro factors in this country remained stable and bear in mind that there is no limit for landed property as to how high is high! look at Desa Park City. and all the major city globally. Tokyo, Shanghai, New York, u name it.

But of course, as investors, you must be able to sustain if there is a minor hiccup. Long term view, property market remain bright. by the way, the house will only complete in 2 years down the road, lets see!

cheers.

Honestly, valuer in town in is aware of the x-factor. but it was not taught in school, so how to put in valuation report? further more the x factor is difficult to quantify and justify.

KR Vs DK, i think they are not comparable. cater for different market. i think if you can afford 4 mil, you probably could buy a piece of land in BK or bukit jalil area and build you own bungalow to your own taste. just my humble opinion. but of course this comes with a lot of hassle.

What is the timeline for key enhancement factors? hopefully half of them are completed by the time KR hand over in 2013. Then it will boost value of KR further.

hi logen, i used to think like you a couple of years ago. U got to monitor the changes in land use in Klang Valley (KV). Especially for those who come from outside KV, buying a leasehold property is a big NO! why? plenty of freehold land lah, who the hell will bother leasehold land. Urbanisation in KV is tremendous. Thousand of people is moving into live in KV. Demand for housing has been outpaced the supply of land. Remember land supply is static, demand is increasing everyday. Anecdotal evidence - look at how fast Kota Damansara has grown. i went there to scout for investment opp so many times. None were successful as always warn by property agents, friends and associates, that it is leasehold. Now, i think they are the buyers there, many years ago, it was so cheap! This is my personal experience! cost a lot of money! so please be guided.

Another reason for people to buy freehold is due to the uncertainty of when can the property be sold should the need arise. but for leasehold property being built within developed areas, there are always readily available buyers to take over your property - even though it is leasehold. if you cannot comprehend this u will loss lots of good investment opps.

I tend to agree with UFO, as people is getting more affluent, people is getting more "kiasi", security is becoming more important.

BTW, i m keen to know what do you mean by expected drop out of 30%?

whats more to promote, almost sold out already right!

Hi UFO, could you explain "odd size" landed property.

but what make odd size property attractive to potential buyer?

[quote=UFO-ET,Jun 22 2011, 11:53 PM]
Affordable budget, floor area and flexibility
The key feature is built up area, superlink nowadays can reach 3700sf - 4000sf (2 & 2 1/2 -storey) and 5000sf (3-4 storey), it provides an option for buyer who want to buy semi-D and bungalow but constraint in budget.
If given a choice, I believe majority of us are dreaming to stay in a luxury semi-D or bungalow, however those NEW SD and bungalow price are far beyond our reach now, dream remains a dream. The alternative remedy would be Superlinks which cater the needs for large floor area, equipped with SD / bungalow features (quality building materials and accessories, more rooms, infinity/swimming pools, home lift, courtyard or in house garden, double volume high ceiling).
With the scarcity of land and increase in land acquisition cost, unlikely developers willing to built SD / Bungalow with "humanism' selling price anymore, therefore in order to maximize profit and guarantee achieved sales figure, architect attempts to modify the design of the building to suits rich buyer's taste, we can see creative products being marketed such as "Link Villas", "superlinks'', "link bungalow", "zero-lot bungalow", "cluster SD", "water villas' etc

Well good argument UFO! To me Bangalow and SD are also cater for the top 5% to 10% affluent irrespective of time/era. Like you said, given a choice everyone will be dreamt of living in Bangalow or atleast SD. Due to its exclusivity. Market forces will always ensure this equation in equilibrium. As the population getting affluent, bangalow and SD will be priced higher to maintained its exclusivity. it got to maintain the status that only the lucky few can afford. As the price goes higher, developer will throw in better and more advance features, most of the time you do not need!

well why are the Superlinks so called odd size properties getting poplular? to me the main reason is the proportion of middle high income group is growing faster pace then the super-rich or the high income group. Simple means for a same plot of land, developer can build 50 SDs sell to 500 potential buyers or build 150 superlinks sell to 150,000 potentials. if you want better statistic to prove this do an analysis on demographic of EPF contributors.

Unbelievable! the market is makin Mahsing so happy. should buy mahsing shares instead for investment purpose.

btw, what are the differences between F+G and G+G?

Dear all, has anyone signed the S&P for Semi D? was it because the AP permit is still not issued by local authoirty yet?

liang, i have booked SD 2 storey. going to sign next week. just wondering how you guys wish to proceed with your memorandum?

---

Added on November 30, 2011, 3:56 pmdear all, can someone comment on the Deed of Mutual Covenant? it is ready to be signed?

This post has been edited by mrhawk: Nov 30 2011, 03:56 PM

how about Semi D?