seriously saying G residence is overpriced as the bank unable to approve for the loan.
imagine that you yourself have to fork up at least 20% of the total purchasing price, which is roughly RM150k..
with this RM150k CASH in hand, you are able to purchase other development which is still under construction and where Developer provides DIBS and all sorts of discount.
by the way, the market for this is quite bad for this year,
msot of the owners do not have much holding power as they just bought it due to all kind of promotions provided by the developer that time and bank loan approval is not strict 3 years back.
wait for a while until the owners get those keys,
and we can see who are speculators and who are the real investors
same scenario happens for YTL midfield,
before they take the key, agents keep telling those potential buyer the price are firm,non negotiable and price will keep increasing bla bla bla..
but now, those offered prices are slumped once they take the key as monthly installments and maintenance fee are true killers for those speculators.
Investment G Residence / Gembira Residen Condominium, New Properties for sale
Jan 22 2013, 11:30 AM
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