QUOTE(hkh_88 @ Feb 28 2011, 05:32 PM)
Is it a good buy since almost RM300 per Sqf.
Haha.....is it a good buy??? It is depend to you.....if you happy on the price and unit.....is a good buy. Otherwise better u say goodbye to them.
When u think is a good buy ...happy on 300psf price, other hand the developer lagi happy because their profit +++++ again.... dun believe ...let do a simple calculation...
Total unit service apartment = 4200 units (not included shoplots)
Average for psf = RM 300
Average size per unit = 950
So total sales = 4200 * 950 * 300 = 1.2billion
Let say the cost of construction to build 700 units = 100m, so total 4200 = 600m + land cost = 100m
So u will be see the developer

1.2b - 700m = 500m on pocket
Experience told me....wt so much of units....if the mgmt can't perform a good job on the control/maintenance, ur 300psf will become 250psf and ------ in the future.
Once again, is it a good buy ...is depend to you.....