if you mean investment as a home, need not worry too much as in the long run, freehold houses should do fine.
most impt thing is you enjoy living in that house in that area - these benefits are not countable in numbers.
if you mean investment to sell in 2 yrs time, i'm less optimistic.
if it goes up by 10%, you still lose given all the int, mot, misc exp, not incl the time and anxiety...
for all new pure house inv, not so easy anymore, the risks are much higher now.
then again, who knows if everything will rise by 40-50% in 2 yrs time incl petrol, rice, letrik, etc.?
but not the gaji!!!

dad must be senior director of sime bbr.

2.5s, 3000sqft built up - very cheap lor!
actually the biggest disappointment with sime is they seem to have no interest at all to do gated and guarded anywhere.
denai alam - same, no gng at all.
the latest launches from paloma-fuego-delmara...nice facade, good specs... if they do gng, another 10-15% would be worth it.
really sayang...

balloting may be done not becos of too many buyers but becos some people want to fight for corners, face south, #88, dunwan face this and that... so it may be about a fair chance for everyone to get to pick and choose. some may not want to buy at all if kennot get #8 or #3.
of course, if insiders already take all of these hot favs, then the balloting becomes either a publicity stunt or a mere joke.

This post has been edited by AVFAN: Mar 23 2011, 07:38 PM

the smell maybe not from asm but from the latex glove factories further north, near aman perdana?

first time hearing this "30% charge to developer". can you share more info or some link?

info for setialam subsale houses easy to find, not so easy for bbr so far...
would be good to have some actual transacted prices for the older phases in bbr. anyone?

from sime bbr website type and built-up.... not sure accurate or not...

Ellis 20x65 1,770
Elana 22x75 1,765
Avira 22x75 1,800
Levena 22x75 2,230
Petunia 22x65 1,735
Paloma1 24x75 2,387
Paloma2 24x75 2,387
Fuego1 26x75 2,445
Fuego2 26x75 2,445
Avani 22x75 2,100

this is happening in many places, some less some more so.
don't believe some of the so-called reported high "selling" price - could be a very special case or just asking in an ad, not transacted.
at the end of the day, only increased bank valuation will allow more people to buy subsale.
and bank valuation can only increase if the bank sees some significant value adding to the area - infra, amenities, jobs, etc.
developers can sell at high price with investors believing they can sell 30% higher upon completion in just 2 years, just like that.
if devs don't do a proper job to add value, bank valuation may go up only 5-10%, lend you 70% of the valuation - how to buy at high asking price?
buyer and seller will sit it out and wait for one another to make a move!
this is where it's impt to be clear what you're buying - just a piece hard asset or a piece of the larger area.

shouldn't compare this way...
the setiaalam dev 688K is 20x70, dibs, mot incl, 3 yrs warranty.
ellis is 20x65, subsale, pay everything yrself.
best to compare bbr ellis 20x65 subsale 460k with newly vpe'd sa bambusa 20x65 at 500k (oct 2011).

like to check with you... did you check similar houses in other areas?
were they also "trips to hell"?

thanks for info, appr it.
i had thought things have cooled, less trouble finding a subsale unit in most places now.
unless yr experience was >6m ago, looks like still the same for house buyers...

jln meru traffic getting heavy due to traffic from kapar, aman perdana, setia alam-nkve.
when bbr occupancy rises, it will only get heavier.

current new ones from dev, surely no.

but you can try subsale - older ones like ellis or elana with smaller builtups may be around 400k since orig price 300k?

no plans right from the start, unlikely sime will do, unlikely gomen will do... not for a long time.

bbr as it is now is west of jln meru. there is a huge piece on the other side of the road, south of setia alam.
they will start building there in the next year or 2. this area, there is a link road that will go thru setia alam, get to the setia mall and/or to nkv direct, bypass jln meru altogether. prices... won't be low, i guess...

these asking prices will be 30-40% above orig dev prices. if can sell, very good for investors in bbr and nearby.

i believe those are asking prices, not transacted.
asking prices are not very meaningful as anyone can ask anything.
i personally feel those asking prices are optimistic.

you will need to check with some agents on actual done deals recently to have a complete picture.

tell fact... depends what fact, how it is presented, simple fact or complete facts - just total price or price psf lot size, or price per psf builtup + all usual factors, etc...

bbr ellis 20x65 bu1770; asking 470k = 266psf
setia alam carallia (setia) 20x70 bu2229; at 600k (transacted, can ask agents) = 269psf
setia alam ayu puri/qaseh (pkns) 20x70 bu1800; asking 460k = 256psf
http://www.iproperty.com.my/propertylistin...k_House_ForSale

not saying any of the 3 is best or worst - that is up to buyers to decide - but if asking price/transacted price of any one is too high or too low.

This post has been edited by AVFAN: Feb 21 2012, 08:46 PM

30% is ok, but if 20% or less and w/o dibs, etc., not so sexy.

say orig 500k, loan 80%
sell 600k
legal 5k
rpgt 5k
mot 5k
loan int 20k
loan penalty 15k
total 50k plus minus extras like assessment

net gain 50k over >2yrs with 100k cash down.
if can't sell quick, keep paying int.
plus all the risks and pain.
dev, bank and gomen veli hapi.

that's why the flippers are yelling up and up, 50%, 100%!!

This post has been edited by AVFAN: Feb 29 2012, 09:40 PM

since u r agent trying to promote here, can you tell a bit more?

levena dev price 388k, now asking 560k... what was last transacted price for this type and when done?
any similar info you can share for ellis, elana and avira?

tq.

i think delora 2.5s will sell well. mainly because of dibs/mot this time.
if dibs/mot is factored in, delora is only 3-4% more costly that last feugo2 2s on a psf builtup basis.

the hard part is estimating what value upon completion as there is no similar builtup superlink in the area incl setia alam that is now commanding >rm1mil.
some indication may come when sazean's anjung sari 3s links are completed later this year. they were originally priced 600-700k, but unlike delora, it is g&g with a clubhouse.

if buying delora, i will consider #7, #19, #21 and corners #1, #2.
i'll stay away from those facing pond and west.

This post has been edited by AVFAN: Apr 14 2012, 11:21 PM