QUOTE(nkhong @ Sep 27 2011, 02:30 PM)
Comparing with I-CON city? This will be safer bet considering it is just 1/4 of psf price of I-CON but ~20km further away from I-CON.
Added on September 27, 2011, 2:52 pm
Purchase power of Shah Alam people should be high
. We will see this thursday. Look like more investor is buying intermediate units, the landed pattern is like condo nowaday smaller intermediate unit sold out first before the corner or end lot. Last time when launching all corner or end lot will be first to be sold before the intermediate.
Due to scarcity of land, most of the developers wake up now, the extra land price for end lot / corner will match the surrounding bungalow per sf land price, like Pentas 2, the highest corner achieve RM184/sf (gross) or RM136/sf (nett).Added on September 27, 2011, 2:52 pm
Purchase power of Shah Alam people should be high
RM184/sf is the mkt price for bungalow land in vicinity area. Many will feel that the price is unrealistic. Very subjective.
In old days, we used to buy corner with discounted land price, generally 10%-30% lower. That's why it will be sapu bersih.
In my opinion, per sf price for corner house shd fetch 7% more than normal intermediate house (bcoz exclusive patio, no sharing wall and corner status), in reality, sub-sale mkt mechanism will drive up the corner price in the same magnitude. If I factor in the 7% added value, then Pentas 2 corner extra land price is falling into the region of RM87/sf (lowest - odd shape) - RM136/sf (highest). I feel it is still a bargain deal.
This post has been edited by UFO-ET: Sep 27 2011, 03:28 PM
Sep 27 2011, 03:25 PM

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