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Investment G Residence / Gembira Residen Condominium, New Properties for sale

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Chris Chew
post Jan 5 2013, 03:50 AM

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QUOTE(vincent99 @ Nov 30 2012, 10:59 PM)
few agent calling and ask interested to sell.

they offer RM500/sf for high floor.
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RM 500 psf? High floor, size?

What you think then?

Chris Chew
post Jan 17 2013, 10:11 AM

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QUOTE(fang_l_ @ Jan 16 2013, 10:10 PM)
Two sub sales agent but not sure if I did write it properly but 1293 for low 700k is for Covillea. One of the owner was bringing me around his few units and one got sold for around 720k for 1293. Maybe he was just bluffing. I didn't look at it after that because of the price range.

Interested in G residence but remaining unit is directly behind surau sad.gif
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When was the 2 agents quote u RM 700k for 1293 sf and another 1293 sf unit sold at RM 720k for Covillea???

When I called last month or two, I still got quote of RM 650k nego. Lower for lower floors... I just simply call n check the asking price anyway.

This post has been edited by Chris Chew: Jan 17 2013, 10:11 AM
Chris Chew
post Jan 18 2013, 01:49 AM

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QUOTE(fang_l_ @ Jan 17 2013, 10:16 AM)
I like the space and am not too disturbed by the noise but just worried about resale value if I decided to sell it off.

@Chris Chew: I went to view Covillea and asked them last weekends.
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Means just recently.

You can try call other agents whether you can get cheaper price, am sure you can get it, bcz not much prospects willing to buy / spend more money before CNY ...


Chris Chew
post Jan 21 2013, 12:18 AM

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QUOTE(fang_l_ @ Jan 20 2013, 05:47 PM)
» Click to show Spoiler - click again to hide... «


Seems like a good suggestion will look into that one. Just passed by Z residence and saw that they are selling off some remaining units. Wonder if it's a good buy or not? 689k before discount for 1400 sq ft on 10th floor. Looks like a not bad deal though.
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Wow, which unit view and block of the the 1407 sq feet unit of ZR for RM 689k?

After 7% discount, it was RM 640k or RM 455 psf ... already surpassed the KR2's 1457 sq feet pricing of RM 420 psf onwards but with 3 car parks ...

When KR2 open preview to starts booking early last year, ZR units was only selling RM 350-360 psf. And it was RM 310 psf since it was launch middle of 2011. If you buy for own stay, previous price is irrelevant since ZR would complete next year.

Try to opt for G Residence ...



Chris Chew
post Jan 22 2013, 11:35 PM

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QUOTE(Citydude @ Jan 22 2013, 08:29 PM)
Yes agree .
At 650k to 700k
Suddenly there are too many choices of condo to landed property to choose.

Buying a 700k condo, are we forgetting the high rennovation cost ?
Don't tell me after buying a 700k condo that you will still use an old dinner table that once cost rm650.00?

U probably come with class and should consider that rm 5000 marble top dinner table minimum style or a 6000 to 8000 new master bed .
In total the new fixtures and rennovation will milk you another rm 60k to 100k minimum!

If u are earning above 15000
There is the tax at minimum 26% annually .
If got kids you need to put aside 2000 for Uni edu for them !

You really think household income of 10k can buy a 700k condo ?

Think again.
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True.

On paper, looks easy. On real life, not really.

Household income of 10k can afford to buy a 700k condo and prepare min RM 80-120k for medium good reno plus medium good furniture. Provided they have 2 medium cars less than 1.8cc and no kids. Or else, very very tough.

Most of the late 20s couple if with household 10k income, they always spent more for lifestyle and husband for nicer car instead of exp house bfore they have kids.

Not many household income of 10k willing to buy a 700k house if they have kids. Unless savings since early days a helping hand, sold current house n upgrading or parents help.

Chris Chew
post Jan 24 2013, 12:34 AM

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QUOTE(lazyg @ Jan 23 2013, 11:55 AM)
Yup, but i think they have the same name with Tan & Tan's development. You can't have 2 condos at different location with the same name. I guess one must have budge and change the name.
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He is not the first guy who confuse it.

Really dunno why the next developer have to name it G Residence when someone already name it earlier in another location. If too old condo, then nvm, less confusing.


Chris Chew
post Mar 27 2013, 12:53 AM

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QUOTE(zoakies @ Mar 26 2013, 02:08 PM)
As of today (26th March 2013)....

1168sqf is RM 590k up.... depend on which floor... Every floor add on anopther RM 5k - 10k perhaps...

Well, holding power for this condo is very high... i foresee there will be still higher price can fetch.

Good luck to all the owner who bought there earlier...  thumbup.gif
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I don't think so lah, bro.

Every floor add another RM 5-10k is very huge comparison, if this is the case, low floor or medium low floor could be sold much faster and the high floors have to wait 1 or 2 years later.

Ex. Level 5 RM 590k but Level 15 ( increase 10 floors ) is selling RM 640-690k for same size?

I think it's depends on supply available and how urgency the demand, if one likes high floor, he wont buy lower floor although RM 10k cheaper, but if RM 20k-30k cheaper, it might be different story.





 

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