FINAL VERDICT :-

Malaysia Property Olympics Games 2012 Medal :-
(Overall Winner)

GOLD MEDAL : DESA PARK CITY GNG
SILVER MEDAL : AMAN SURIA GNG
BRONCE MEDAL : 28 PROJECTS (THE LIST IS TOO LONG TO BE INCLUDED HERE)

The verdict is based on appreciation of properties for the past several years, not only in year 2012.

SILVER Medal was offered to Aman Suria as their basic terrace house price was priced @ RM488K and today the price has appreciated @ 1.488M. A glimpse of DPC, Awesome!

Seasoned investors are looking at absolute returns not %. There is a property was sold at RM45,000 and now is valued at RM450K.... 900% capital appreciation. Does this property deserved a PLATINUM Medal? Nope! I would rather earn appreciation amount in RM rather than %.

"BIG Mind thinks BIG, SMALL minds thinks small" (just purely on % returns). From your example above, I would rather earn RM1.15M (Zenia, DPC) rather than RM380K from Tropics.

Better still invest/buy land @ RM100M and sale @ RM350M ... made handsome profit of RM250M. Yes, you can say... such a BIG capital... so, back to my statement above "BIG Mind thinks BIG, SMALL minds thinks small". BIG developers like SPS/Sime/Sunway are looking at RM2.5B sales/profits

"BIG Mind thinks BIG, SMALL mind thinks small"

This post has been edited by KEN007: Nov 13 2012, 12:53 AM

well said... AMINT (experienced investor)

1) Buying 4 cheap units would also used up the person's quota of 90% LTV (1st 2 properties) loan entitlement (for new investors).
2) My lawyers would prefer to give me 50% or maybe 70% discount on legal fees for 1unit X SPA+FA and may not agreed to give me the same discounts for 4units X SPA+FA (to much paper work for the same income/legal fees).
3) It's easier to say TODAY to buy 4 units of Tropics (Nov 2012 - after the price shot-up), but the sales of Tropics was very slowwwww during its initial launch. Only at a later stage the sales improves. At the initial point during launch, does anyone dares to buy 4 units under the same projects (high risks)... during that launched year? Only handful are gung-Ho but very rare.
4) OK ... lets stop here...

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Added on November 14, 2012, 1:26 amwell said... AMINT (experienced investor)

1) Buying 4 cheap units would also used up the person's quota of 90% LTV (1st 2 properties) loan entitlement (for new investors).
2) My lawyers would prefer to give me 50% or maybe 70% discount on legal fees for 1unit X SPA+FA and may not agreed to give me the same discounts for 4units X SPA+FA (to much paper work for the same income/legal fees).
3) It's easier to say TODAY to buy 4 units of Tropics (Nov 2012 - after the price shot-up), but the sales of Tropics was very slowwwww during its initial launch. Only at a later stage the sales improves. At the initial point during launch, does anyone dares to buy 4 units under the same projects (high risks)... during that launched year? Only handful are gung-Ho but very rare.
4) OK ... lets stop here...





This post has been edited by KEN007: Nov 14 2012, 01:26 AM