luckily the pic in my avatar is a cup of vodka..

MGG Gor, you are welcome to kacau here bcz u r not talking bad abt KR2 but can make the thread more hot. I will go ZR for support too. Hehe.

If u get a unit at KR2, I am sure KR2 can appreciate by 10% guarantee. Haha. With KR2 neighbour, ZR Orang Kerusi, to bring up Bkt Jalil condo premium is sap sap Sui.

Make sure if got any game plan change pls do inform me , or else my dream to be a tychoon in 10-15 years time would be shatter.

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Added on April 18, 2012, 12:53 amWill do for u and compile all when I home later and using my pc.



This post has been edited by Chris Chew: Apr 18 2012, 12:53 AM

Ty sir and good night.

Kiara Residences 2 Neighbourhood

1. Chris Chew Tower 3 / Type C / High Floor / Investment / Golf View
2. Xccess Tower 1 / Type C / High Floor / Own stay / Pool and Kesas view
3. Travaller Tower 3 / Type B4 / High Floor / Own Stay / Facing KM1 (LRT cannot see lah so small below) hahaha
4. Twincharger07 Tower 2 / Type A / High Floor / Investment / South view
5. Ronn77 Tower 3 / Type C / High Floor / Investment or probably Own Stay / Kesas KL View
6. fooyc Tower 3 / Type B4 / 5th floor / Investment or probably reserve for my son / Kesas
7. Ryei Tower 1 / Type A / Level 6 / Investment / Pool View
8. MGG Block C / Type C2 / lvl Mid floor / Garden View / ZR Sky View
9. LKH Tower 3 / Type C / High Floor / Investment / Golf View
10. Kloe Tower 3 / Type C / High Floor / Own Stay / Golf View

This post has been edited by Chris Chew: Apr 18 2012, 02:21 AM

Using phone very hard to add into the list..

Chris bro, add me in.. Tower 1, type A, mid level, own stay/investment, facing south..

Kiara Residences 2 Neighbourhood

1. Chris Chew Tower 3 / Type C / High Floor / Investment / Golf View
2. Xccess Tower 1 / Type C / High Floor / Own stay / Pool and Kesas view
3. Travaller Tower 3 / Type B4 / High Floor / Own Stay / Facing KM1 (LRT cannot see lah so small below) hahaha
4. Twincharger07 Tower 2 / Type A / High Floor / Investment / South view
5. Ronn77 Tower 3 / Type C / High Floor / Investment or probably Own Stay / Kesas KL View
6. fooyc Tower 3 / Type B4 / 5th floor / Investment or probably reserve for my son / Kesas
7. Ryei Tower 1 / Type A / Level 6 / Investment / Pool View
8. MGG Block C / Type C2 / lvl Mid floor / Garden View / ZR Sky View
9. LKH Tower 3 / Type C / High Floor / Investment / Golf View
10. Kloe Tower 3 / Type C / High Floor / Own Stay / Golf View
11. 123456789 Tower 1 / Type A / Middle Level / Own Stay or investment / Facing South

Ty all bro accept ZR Ppls like me in the list.

Chris, 10% so low... Can kr2 aim atleast 30% appreciation?

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Added on April 18, 2012, 8:46 amTwin gor, I forgot to ask u. Can I hav a cup of vodka ?

This post has been edited by MaiGehGeh: Apr 18 2012, 08:46 AM

http://biz.thestar.com.my/news/story.asp?f...52&sec=business

year on year 10%, so 20 to 30% upon vp possible

Kiara Residences 2 Neighbourhood

1. Chris Chew Tower 3 / Type C / High Floor / Investment / Golf View
2. Xccess Tower 1 / Type C / High Floor / Own stay / Pool and Kesas view
3. Travaller Tower 3 / Type B4 / High Floor / Own Stay / Facing KM1 (LRT cannot see lah so small below) hahaha
4. Twincharger07 Tower 2 / Type A / High Floor / Investment / South view
5. Ronn77 Tower 3 / Type C / High Floor / Investment or probably Own Stay / Kesas KL View
6. fooyc Tower 3 / Type B4 / 5th floor / Investment or probably reserve for my son / Kesas
7. Ryei Tower 1 / Type A / Level 6 / Investment / Pool View
8. MGG Block C / Type C2 / lvl Mid floor / Garden View / ZR Sky View
9. LKH Tower 3 / Type C / High Floor / Investment / Golf View
10. Kloe Tower 3 / Type C / High Floor / Own Stay / Golf View
11. 123456789 Tower 1 / Type A / Middle Level / Own Stay or investment / Facing South
12. ah_chung Tower 1 / Type C / Middle Floor / Own Stay / Kesas View



proud of becoming a KR2's owner with all the taikors here

This post has been edited by ah_chung: Apr 18 2012, 09:35 AM

Frankly, if considering current price after discount will be approx $410/sqft, believe 3 years down the road with the completion of LRT and additional amenities will pushing up the price easily by $550/sqft so 30% appreciation should not be a problem. Some deeper areas condo launching in Cheras already began selling above $500/sqft so there's no reason we can't achieve at this level or even more during VP.

Where is my vodka Aka coffee? Feeling tired + dizzy.

Is that a Vodka? I tot Coke???

Being largely optimistic with the recent pace of property development (space vs price) I sure have my worries for the next generation of property buyer. Off topic from this KR2 no doubt, the high gain of about 20-30% appreciation is hopeful, but it does come at an expense of the next generation affordability.

I share your sentiment. Can see that in the future the buying trend will push to wider coverage and outskirt areas for new buyers due to properties prices which is hard to catch for youngsters. As what other parents are doing, prepare the umbrella before the rain comes.

Yes is true. Check out property news recently. Top 5 country like hong kong, Sg , shanghai , Beijing Taiwan . They so called city property r crazy price Psf. So, they rather get outskirt property and renting instead of buying.
Mean in Malaysia, still bbb mode now as well as RRR mode.
No doubt, kr2 30% appreciation is achievable but how high can it go. This is depend on the future development and only times can tell.


Cheers

MGG,

(Cute nick you have there). It's not just is costly to own a property in those countries listed; the trouble is the very low affordability that created a very abrupt effect in their market. If you in HK MTR, you will see a lot of commuters wearing expensive watches, and many other accessories. Many has given up their hope on property, and turning their attention to something else that give them a sense of ownership. That effect now, has slowly trickle into Malaysia, I see that a lot is happening among my staffs. It is very unfortunate.

Agree my MGG Gor comment. I still doubt KV capability to match other countries capital like Singapore, Jakarta, etc not to mention Shanghai, Beijing, Taipei, Tokyo, so on.

However, I tend to support and believe that KV is improving since the LRt, MRT and KTM plan had been proposed and it can bring the city to another greater level.

In years to come, I still believe, Malaysians will continue to pursue their property within prime area of Damansara, PJ, Puchong, Bkt Jalil, Subang and etc. Not all Malaysians have such culture of willing to save hefty cost to drive 40-50 km to KL for their job until the conpletion if our new LRT line.

Could they purchase location like Klang further, Shah Alam further, Rawang further or Nilai just to save housing loan installment. I could believe that they rather rent nearer place to work than staying so far, of course not all, sure they are some willing to travel.

For KR2, I sense today's pricing, albeit LH, entering at RM 420-450 psf is still approachable. With freebies and DIBS, I rank it is about quite fair price at RM 400-420 psf. Located at one of the best location, with KL address, to get 30% appreciation is possible.

IMHO, the KR2 should completed by July 2015 and handover by end of 2015. So in 3 1/2 years time, it is potential to get at least 25% appreciation or as at RM 520 psf.

Most of all, I still unable to predict too much. Just my forecast since I vested into it. 2009-2012 was a great period for property market, it appreciated at least 50% for such location of Bkt Jalil. However I don't see 2012-2015 would be another legend of 50-70% appreciation, I don't know it but I do pray it.

As Covillea and Savanna, both FH selling at RM 500 psf today, if KR2 really can offers a wow, wuu, whoah like TZ upon VP, I don't see why it can't reach RM 550 psf or beyond Covillea and Savanna pricing as at end of 2015.

Like MGG Gor said, it also rely for the future development and surrounding commercial area. The location of KR2 itself, no doubt I would say very good. But the presence of KR2 itself is another biggest factor where it's concept and building quality is widely regarded and needed. It is untested as the building is yet to build.

For 30% appreciation, I vested my units at RM 425 psf, means I need to sell at RM 550 psf or RM 800k. If the market is continue like BBB, RM 550 psf is highly doable, can even close to RM 600 psf. Even Kinrara starts promoting the new launches close to RM 500 psf and above it by this year end. As for today, I targetted it as at 25% appreciation.

On and off, I would say KR2 has the best winning appeal in terms of rental value in future. A 1,457 sq ft condo ( with KR2 features) fetching ard 3k now. By 2016, RM 3,700 to RM 3,800 is possible, though I am not saying guarantee.

You guys are really too conservative in your prediction. The City of Green people's prediction of their property will be 900k after completion, for a 1200 sf built up btw.

This post has been edited by puchongite: Apr 18 2012, 12:21 PM

Sweat after reading chris gor comment. Compared with mine is just like small cicak meet big elephant!!! bravo CC gor. With Ur comment I believe 45% appreciation is just a matter of "MASA".

Fooyc: thx. instead my customers described my look as "cute" too Coz not handsome.

Puchong gor, we not too conservative, Coz we r living in real world. I mean Kira pun kena realistic abit. I would rather agreed with CC gor, 2009- 2012 was great yrs for investor but can this awesome record go beyond in 2012-2015?

Everyone of us are too worried about bubbles burst. Be very frank . in 1997 , still Ppls will survive if u can handle Ur financial properly!

Just my little 2cents


Cheers

Haha.

I am not conservative. I am just protective about my comment.

If I say I expected appreciation is 50-70%, guessed what other forumer think of me? Sell KR2 so hardly?
I preserve myself as vested as buyer more than a speculator.