QUOTE(UFO-ET @ Mar 1 2011, 08:43 AM)
I dun understand why you say most of the KR buyers are investors? Do you think the price is cheap? I was there buying my 3-storey, I questioned a few buyers who bought KR at RM700K-728K (2-storey) 818K (2 1/2 storey)when they can buy freehold & better location 2S Melodi (700K) 2.5SHening at 820K, almost all give same answer ''although the location is a bit deep in, price ''very expensice'', leasehold, but BK no gated, design is out and no club house, KR layout and townahip environment looks safe for living''
Same for me, I almost bought BK Kinrara Desiran link hse already, freehold is a must criteria for me, but after examine KR design, concept & security level, I hv to forego my freehold and select a safer place. IMO there are many investor in BK but lesser in KR
I noticed the trend now that we, Malaysians are going for lifestyle, security, concept, design and location. Whether is leasehold or freehold project, the land is still getting lesser as new projects start. So the freehold/leasehold issue now is less of the impact.
As what you have said, KR is emphazing on the lifestyle and can say the only unique project in the vicinity. Even though the pricing is on the high side, investor will still grab it because they foresee that when the project is ready, many people will still want to buy it subsale due to its design, concept and layout. On top of that, do you think those buyers who are the genuine buyers for own stay will not change their mind when they see their property price increase 50%-70%?
Anyway, this is my 2 cents worth. Let's see what will happen when the project is completed.
This post has been edited by naleh33: Mar 1 2011, 09:45 AM