QUOTE(shyhhua @ May 13 2011, 05:27 PM)
i wish one day the YTL depot will turn into YTL luxury condo or landed house.. that time, the place sure will be different. heh heh heh~!!
Landed houses ok .. if condo later block all our view how a Added on May 13, 2011, 10:51 pm
QUOTE(cutealex @ May 13 2011, 05:53 PM)
But even now its very good ady. 50-60% sold on weekday wor.
I remember last time empire city first phase so hot , also took couple of weeks to clear off 700 units.
Added on May 13, 2011, 10:55 pm
QUOTE(kochin @ May 13 2011, 04:36 PM)
IMHO, a low risk for flippers but for rental would be relatively on the low side especially with rising rates. even those with 70% LTV can still afford it with their present discount scheme where you need to standby 20% of the SPA price only and over a span of approx 1 year. but for flippers, do not expect 50% cap app lah unless something really positive happen. think 20-30% would be achievable.
actually for the rental side i'm hoping for the best. from the renderings the developer seems to be going mid-higher end, which if proven to be executed to buyers satisfaction, should prove to be a breath of fresh air in this area.
i am punting that amara turns out to be somewhat like pertama residency of cheras, underdog and uninspiring area but rental yield
ichiban. any mature area in around KV, we cant underestimate the wealth of the residents in the area ler, whether locals or otherwise.
else, as mentioned, flipping with 20% above should be achievable, if decent rental achievable, further upsides will be seen, IMO.
This post has been edited by 1ullaby: May 13 2011, 10:58 PM
May 13 2011, 10:49 PM

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