QUOTE(Garmin_GPS @ Jul 4 2012, 12:39 AM)
Ic. Haha. U accompany ur fren go meet her ah. She damm hardworking. Always work till late night. Good banker.
Kiara Residence Phase 2, Bukit Jalil or OUG New Development
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Jul 4 2012, 12:42 AM
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10,387 posts Joined: Dec 2011 |
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Jul 4 2012, 07:46 AM
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2,508 posts Joined: Jun 2009 |
QUOTE(Chris Chew @ Jul 4 2012, 12:36 AM) Garmin Kor got buy KR2? By 3 years time, the place will be really "wong" with completion or lrt and project surrounding as well as the upcoming malls and mix development. And yes, 600/sfp seems achievable with all these catalysts plus great locations. If they could add some commercial shoplots at the area then it will be truly perfect.Ya. Paradigm Mall also coming. Impressed with the Paradigm Kelana Jaya. And very happy if AEON really able to make it happen. Wondering how is this area after 2016/17. |
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Jul 4 2012, 07:49 AM
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153 posts Joined: Aug 2011 |
QUOTE(Chris Chew @ Jul 4 2012, 12:31 AM) The shop office and AEON would be a very very great addition. jalil city would directly set a new benchmark in bj vicinity...More and more temptation to stay rather than flip it. The location already so great, only pending those amenities and commercial area. Look n look seems RM 600 psf is very do-able upon VP. kr 600/sqft upon vp is acceptable...but in longer run, it would go much higher... |
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Jul 4 2012, 09:16 AM
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1,185 posts Joined: Dec 2011 |
QUOTE(user1984 @ Jul 4 2012, 07:49 AM) jalil city would directly set a new benchmark in bj vicinity... BBB.kr 600/sqft upon vp is acceptable...but in longer run, it would go much higher... Those haven't bought, go and buy one. Those have bought one, consider buying another. Those with two, can consider buying the third. |
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Jul 4 2012, 10:11 AM
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2,508 posts Joined: Jun 2009 |
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Jul 4 2012, 10:27 AM
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1,285 posts Joined: Sep 2009 |
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Jul 4 2012, 10:33 AM
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3,604 posts Joined: Jul 2011 From: Mumbai |
Wow wow..... Bbb mode for kr2....
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Jul 4 2012, 10:46 AM
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Senior Member
10,387 posts Joined: Dec 2011 |
QUOTE(user1984 @ Jul 4 2012, 07:49 AM) jalil city would directly set a new benchmark in bj vicinity... IMHO, Jalil City commercial hub n hyper/supermarket could really attract more residents. kr 600/sqft upon vp is acceptable...but in longer run, it would go much higher... IMO, RM 600 psf remains doable but oso rely on market outlook by 2015. If the market is still very good, I expected it can be more since so many good news ard BJ hub. Anyhow, RM 550 psf is quite easy given the time and current asking price of Savanna n Covillea. RM 600 is another wave and realistic target. I am sure some buyers would waiting for RM 650 psf. |
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Jul 4 2012, 10:52 AM
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Senior Member
2,508 posts Joined: Jun 2009 |
QUOTE(Chris Chew @ Jul 4 2012, 10:46 AM) IMHO, Jalil City commercial hub n hyper/supermarket could really attract more residents. Even at $550/sqft, return after VP will be approx. slightly above 30% which I'm quite happy given DIBS scheme. If it ever touches $600/sqft then we all can celebrate at the rooftop garden at KR2 IMO, RM 600 psf remains doable but oso rely on market outlook by 2015. If the market is still very good, I expected it can be more since so many good news ard BJ hub. Anyhow, RM 550 psf is quite easy given the time and current asking price of Savanna n Covillea. RM 600 is another wave and realistic target. I am sure some buyers would waiting for RM 650 psf. |
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Jul 4 2012, 10:58 AM
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Senior Member
588 posts Joined: Sep 2009 From: KL Cheras |
QUOTE(Chris Chew @ Jul 4 2012, 12:42 AM) Ic. Haha. U accompany ur fren go meet her ah. yea, u really deserved a big meal from her. She damm hardworking. Always work till late night. Good banker. QUOTE(joeekh @ Jul 4 2012, 10:27 AM) borrow from chris / mgg also can |
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Jul 4 2012, 11:08 AM
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4,788 posts Joined: Feb 2011 |
wah... time for V2 liao...
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Jul 4 2012, 11:14 AM
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1,185 posts Joined: Dec 2011 |
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Jul 4 2012, 03:41 PM
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10,387 posts Joined: Dec 2011 |
QUOTE(ronn77 @ Jul 4 2012, 10:52 AM) Even at $550/sqft, return after VP will be approx. slightly above 30% which I'm quite happy given DIBS scheme. If it ever touches $600/sqft then we all can celebrate at the rooftop garden at KR2 Project with DIBS and low capital entry, 30% profit upon VP would be very successful project dy. For me, I hope it can reach RM 600 psf ... Or else RM 550 psf also very good return dy but maybe I keep for rental for abt 1-2 years. I dont mind whether RM 550 or RM 600 psf, I only cares about how fast the projected asking price can flip upon VP. No point the value can go RM 600 psf but market demand asking RM 550 psf, I still will flip according to absolute fair pricing and TAT of capital return. |
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Jul 4 2012, 04:51 PM
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51 posts Joined: May 2012 |
QUOTE(user1984 @ Jul 3 2012, 09:35 PM) finally jalil city is coming!!! what's this mean? jalil city? more info pls...kr 600/sqft upon vp is really sup sup sui... HO HUP CONSTRUCTION COMPANY BHD (5169, HOHUP) DateJul 03 2012 TypeGeneral Announcement Ref No.CS-120703-8FEE0 Type : Announcement Subject : MATERIAL LITIGATION Description : HO HUP CONSTRUCTION COMPANY BERHAD ("Ho Hup" or "the Company") - KUALA LUMPUR HIGH COURT SUIT RELATING TO THE JOINT DEVELOPMENT AGREEMENT DATED 16 MARCH 2010 BETWEEN BUKIT JALIL DEVELOPMENT SDN BHD AND PIONEER HAVEN SDN BHD ("SUIT") Announcement Details/Table Section : Reference is made to the announcements made on 27 April 2010, 30 April 2010, 5 May 2010, 17 June 2010, 25 June 2010, 7 July 2010, 12 August 2010, 13 October 2010, 29 November 2010, 30 March 2011, 19 May 2011, 7 June 2011, 20 June 2011, 20 December 2011, 17 January 2012, 31 January 2012 and 17 May 2012. The Board of Directors of Ho Hup wishes to inform that Ho Hup, Bukit Jalil Development Sdn. Bhd. ("BJD", a 70%-subsidiary of Ho Hup) and Pioneer Haven Sdn. Bhd. ("PHSB", a wholly-owned subsidiary of Malton Berhad) had come to an amicable settlement of the Suit under the terms of a Supplemental Agreement entered between BJD and PHSB on 3 July 2012 ("Supplemental Agreement"). Ho Hup has agreed to discontinue its appeal to the Federal Court and to withdraw the Suit and any ancillary matters related thereto without admission of any liability and with no order as to costs and no liberty to file afresh, inter alia, upon the execution of the Supplemental Agreement. Amongst others, the main principal of the Supplemental Agreement is as follows:- 1. Land The joint venture development of the land held under Geran 42277, Lot No. 36101, Mukim of Petaling, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan measuring approximately 243,000 square meter ("the Land") shall be on five sixths (5/6) of the Land measuring approximately 202,500 square meter ("the JV Land") instead of on the Land as a whole. BJD shall be entitled to develop the remaining one sixth (1/6) portion of the Land measuring approximately 40,500 square meter and encompassing Parcel A which comprise approximately 5.9 acres of land with approved development order based on plot ratio of 3.09 ("BJD's Land"). Parcel A consists of an office tower and shop offices. The balance of BJD's Land measuring approximately 4.1 acres and with a minimum of 139,321 square meter in gross floor area is earmarked as development for high rise residential units. 2. Revised Entitlement BJD's entitlement shall be eighteen percent (18%) instead of seventeen percent (17%) of the total Gross Development Value ("GDV") of the JV Land to be developed by PHSB, subject to a minimum value of entitlement of RM220 million ("BJD's Entitlement"). 3. Settlement of Indebtedness PHSB agrees and undertakes to pay for and on behalf of BJD and Ho Hup towards the servicing of monthly interests and the redemption of the secured loan of RM75 million from Insas Credit & Leasing Sdn. Bhd. and the payments so made by PHSB shall be treated as an advance of part of BJD's Entitlement. 4. Financing PHSB agrees to endeavour to assist BJD to secure bank financing of up to RM20 million for the development of BJD's Land. 5. Charge of the Land PHSB shall be entitled at its own cost and expense to charge or otherwise encumber the Land as security and collateral for purposes of refinancing the indebtedness to Insas Credit & Leasing Sdn. Bhd. as well as to part finance the development cost for the development on the JV Land. PHSB shall procure its financier to provide a letter of undertaking/disclaimer to exclude BJD's Land from any foreclosure proceedings that may be taken against the Land. This announcement is dated 3 July 2012. |
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Jul 4 2012, 05:16 PM
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All Stars
33,670 posts Joined: May 2008 |
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Jul 4 2012, 06:12 PM
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51 posts Joined: May 2012 |
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Jul 4 2012, 06:17 PM
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3,604 posts Joined: Jul 2011 From: Mumbai |
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Jul 4 2012, 06:33 PM
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51 posts Joined: May 2012 |
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Jul 4 2012, 06:36 PM
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10,387 posts Joined: Dec 2011 |
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Jul 4 2012, 06:48 PM
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51 posts Joined: May 2012 |
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