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 The Sanderson @ Taman bukit Serdang, Kaki please join

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Chris Chew
post Mar 3 2012, 06:43 PM

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QUOTE(netcrawler @ Mar 3 2012, 01:21 AM)
Eventhough City of Green starts selling, we still don't know where is the exact size. Anyone have any info about this project?
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Studio 650 sq ft and Condo 1000 sq ft. Only 2 sizes.

Studio free 1 carpark while condo 2.
S&P legal fee free
Loan Legal fee free
Free kitchen cabinet
Discount 9%
Chris Chew
post Mar 4 2012, 05:29 PM

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QUOTE(kill monkey @ Mar 3 2012, 09:19 PM)
Chris bri, u clear about these project, r u agent? Lol... Still have available unit left? I have interest to see. Please show more details here when u get it! Thanks
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Bro, I am not agent.

I think u can go the COG thread for more info, it's not nice if I post into this Sanderson thread, later I kena shoot.

it's located next to BJ technology park. I think no showroom. Many units are available. No worry. However, I would say the price is too much over. So, I don't bother to go n search for more info since the pricing and location asked me not to go further.


Lol.


Chris Chew
post Dec 17 2012, 02:31 AM

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QUOTE(humble_tot @ Dec 17 2012, 01:18 AM)
Is this price a new benchmark for Serdang area? Didn't see this price in the COG post hmm.gif
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RM 640 / sq ft is definitely the new benchmark pricing in Bukit Serdang.

Eclipsing KM1 RM 500+ / sq ft, KR2 RM 440-490 / sq ft both at BJ. Just behind Twin Arkz at RM 750 / sq ft onwards.

Eclipsing RR RM 400-460 / sq ft, Duet RM 500-550 / sq ft at Bdr Kinrara. Match Trigon RM 600+ psf and Skypod at Puchong Jaya / SW. And might be on par with I&P new service apartment at BK next to Giant with rumours of RM 600 or RM 650 / sq ft.

Chris Chew
post Dec 17 2012, 06:11 PM

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QUOTE(humble_tot @ Dec 17 2012, 06:02 PM)
for comparison kr2 looks a steal.
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Yeahh, for comparison, not only KR2 but KM1 and RR also a great steal.

Too bad KM1 no more higher floor units.

Chris Chew
post Mar 2 2013, 11:23 AM

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QUOTE(cloner @ Feb 25 2013, 11:44 PM)
Guys... How much u intend to sell for blk b 900sf? It's a shock today when banker replied saying value at 360psf for blk B....
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bro, you're one of the most honest agent I ever found with the valuation and pricing. ( since The Zest )

actually, if the banker able to obtained a few valuation from valuers of RM 360 psf for a condo like Sanderson, which is few months away from VP and no transaction at all, it was a good starting indication, where meant, if the condo subsale response or demand is good upon VP later, transactions created by numbers, it would shoot more than RM 400+ psf in very short period.

Same goes to The Zest, 2-3 months before VP in early 2012, most banks only value it at RM 350 psf at late 2011 due to not yet VP, no transactions and comparison only Kinrara Mas to match. Most owners are shouting too low, where, I was thinking it was quite fair. Units transacted without viewing at RM 360 psf and upon VP, the hot demand created value catching asking price where most of the flippers / sellers sold at btw RM 380-400 psf ( during March till June ) and now, it value at RM 420-430 psf although some limited owners asked at . It was a RM 60-70 psf increase compare to exactly 1 year ago. It is 16.66% to 20% increased within a year.

IMHO, RM 360 psf valuation for Sanderson is consider fair and good starting point, where if the demand is hot, RM 400 psf is very do-able.


Chris Chew
post Mar 14 2013, 10:02 AM

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QUOTE(kill monkey @ Mar 14 2013, 09:54 AM)
Why no owner say anything or ask pm? No one to sale with rm360psf?
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Scoll up a bit n u will read some owners asking at btw RM 480-500 psf ...


Chris Chew
post Mar 16 2013, 12:01 PM

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QUOTE(Mikken @ Mar 15 2013, 12:29 PM)
Need to understand supply-demand equation. I don't think calling owners to sell at a certain price can't make much difference to the selling price. A good property will sell itself, so chill okay.
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Boss, what you mean by calling owners to sell, at a certain price, which can't make much difference to the selling price?



Chris Chew
post Mar 16 2013, 05:09 PM

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QUOTE(Mikken @ Mar 16 2013, 04:03 PM)
Just saying that calling all forumers to sell at say 450-500 psf is not realistic at the moment as they will be some desperate sellers pre-vp or once vp. Eventually, the price of Sanderson will go progressively up to a level where demand is longer feasible and price will be stagnant or reduced. Agreed that Sanderson is great development as I am really impressed with the facade. Just saying that no point asking all owners to sell at a certain price. Anyway, judging from the demand, the base price shld at least be 360-370 psf and i foresee some transactions to be done around 375-395 psf these coming few months. 400 psf is the challenging level i suppose.
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Oh, thanks for your clarification boss.

You got your point too. I think the smallest unit, 900 sq feet would be the first unit to breach RM 400 psf for low absolute price meanwhile for bigger units, could be little tougher compare to the 900 sq feet unit due to absolute price and valuation.

All the owners can sell at certain set price, provided 2 criteria, the price can be higher than bank market valuation but not more than 7% of bank market value due to not many buyers willing to fork out too huge downpayment if more than 10% differ and not more than 10% of whole Sanderson units are sold at bank market valuation between RM 360 psf ( like cloner check ) and RM 380 psf or else, the low density condo would have lesser remaining units for high price to boost up the market value.

It did happened to The Zest exactly one year ago, where most units were transacted during pre-VP at RM 340-360 psf ( anyway, able to get value ) and RM 380 psf ( after VP, also able to get value) and when some units were sold at RM 420-450 psf for the last 5 months, the number of transacted units at these price ( a lot units but low % based on 720 units ) unable to support bank valuers to push to RM 450 psf / above due to more than 100 units ( approx ) were sold below RM 380 psf exactly 12 months back.

It explain, from RM 340 psf ( year end 2011 ) to RM 360 psf to RM 380 psf ( March 2012 ) to RM 400 psf ( May 2012 ) to RM 440 psf ( Nov/Dec 2012 ) in one year time. An increased of RM 100 psf in terms of transacted price and 99% of these units able to met valuation and why valuers not adamant to go RM 460 psf speaks here.

Past record price, recent record price and number of transacted units ( beyond control ) contributed to the up and lower and stagnant market value too.

Chris Chew
post Mar 16 2013, 05:13 PM

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QUOTE(JustNobody @ Mar 16 2013, 04:22 PM)
By the way... whats the initial purchased price most user got? I think it is above 300 psf is it?
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I don't think got such high, that was the price increased few months after Sanderson was launched.

Most units were sold at btw RM 235 - RM 255 psf + DIBS during launched back in 2010.



Chris Chew
post Mar 16 2013, 11:57 PM

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QUOTE(Mikken @ Mar 16 2013, 05:29 PM)
Starting from 300 psf for the smallest unit. Price on first day of the launch. RM235 - 255 i grab few units already lol
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Oh boss, really? My mistake then, maybe I jot downed the wrong price 3 years back.

Or, probably 900 sq feet pricing is different / higher with the bigger size / villa pricing, bcz I was told by my friend who bought it at RM 250 psf + - .

Between,

This is also shared by TS, de.crystal at Page 1, Post #2, dated Oct 18 2010, 11:26 AM

"price starts from an affordable rm220k or rm245 psf for the 3-bedroom 900 sf unit.

preview - 19.9.2010
launched - 24.9.2010 "

Chris Chew
post Mar 17 2013, 12:47 AM

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QUOTE(twincharger07 @ Mar 17 2013, 12:20 AM)
few forumers commenting wont affect the prop price one la.... same goes to few owners try to stand firm on the pricing wont affect much either.. let the market force decide la....
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Hahaha, can't imagine few non buyers discussion / prediction can caused him thought that some of us are trying to pull down the price and buy it ourselves from desperate owner, sigh.

No doubt that The Sanderson is very nice and should be the best condo at Bkt Serdang currently. But too bad, my investment planning never expand to as far as Bkt Serdang / Serdang area but just interested to see the performance of any good condo / related completed condo caught my view, probably it stretch along the Bkt Jalil Kinrara highway which is near my fave Bkt Jalil and Bdr Kinrara.

I think you and I would be much happy if this coming VP period demand is still hot and sold btw RM 400-450 psf or higher, because the market shown, subsales still go strong for any nice condo within RM 500k price range.

Hehhee.




Chris Chew
post Apr 4 2013, 02:06 AM

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QUOTE(kill monkey @ Apr 4 2013, 01:19 AM)
Which blk? Alot talking the price for sanderson, and agents called for ask " wana sell and rent ?"
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This is very normal whenever the property is going to VP soon bcz the agents hopeful to secure ur unit status and lock it up if for sale / rent.

The more calls u get, means, the more agents goreng for u. Hehe.

Chris Chew
post May 23 2013, 02:23 AM

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QUOTE(cloner @ May 22 2013, 12:01 AM)
if all owner of 900sf can work together n hold for at least 420k offer.. win win situation for all
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Good and fair agent...

RM 466 psf is your bankers new valuation now? Got close any deal of RM 400k for 900 sq ft unit so far?

Chris Chew
post Aug 22 2013, 12:15 PM

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QUOTE(cloner @ Aug 22 2013, 12:05 PM)
415k fast ? late 1 step oso ppl grab edi, the next one 425k my client oso late edi.. ask me try 415-420k... the next day owner tell me sold 425k edi @@
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Bro, only heard the responses for 900 sq feet only ... what about other sizes?

Chris Chew
post Aug 23 2013, 02:51 AM

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QUOTE(cloner @ Aug 23 2013, 01:10 AM)
Normal la 900sf more investor aim for it mah

1480 & 1550sf oso have transaction in my knowledge sold at 570-585k edi
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Cool. Very good price.

Chris Chew
post Sep 3 2013, 03:43 PM

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QUOTE(Curiosity7 @ Sep 1 2013, 05:46 PM)
Yup, Sanderson site is marked to connect to Villa Pavillion site. This is a catalyst that can easily push the current price to 30% to 50% higher. Sanderson is already low density, when such road is built there will be even lesser owners will sell.
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Wow, push another 30% to 50% higher...
rclxms.gif
Chris Chew
post Sep 10 2013, 02:19 AM

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QUOTE(gooilc @ Sep 9 2013, 10:02 PM)
Any news about sanderson VP? 3 years gone still havent deliver !
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Chill bro. Maybe pending CFO / CCC.

But surprise that 300+ units took 3 years plus to build. I think this one launched since early 2010, is tat?

Chris Chew
post Oct 31 2013, 03:06 AM

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QUOTE(cloner @ Oct 30 2013, 01:48 PM)
Mind telling us why next year ? imo the price will shot up higher with the higher rpgt cost being factored into spa price
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IMHO, it's depends on the market next year and not necessary the price will definite shoot up immediately merely due to RPGT increase and home buyers have to bear into it.

Chris Chew
post Mar 15 2014, 03:20 PM

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QUOTE(Curiosity7 @ Mar 15 2014, 03:17 PM)
Latest transacted block A 900sf is rm465k. Am letin go my block C Villa, serious buyer can pm me.
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How many 900 sq ft units transacted btw RM 455-465k?

 

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