nearest would be kiara green and trellises.

from memory, it should be running about 370 to 400 psf.

old, but quite well maintained. I'd rather place my chips there, and see it ride on the Green's coattails.

Did you get a unit? 720 psf is after discount I guess?

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Added on July 31, 2011, 4:53 pmI guess you do have a point. I still have some doubts on the appreciation of the older ones though. It's a question on "how high can you go"? Well, we'll just see...

This post has been edited by beandk: Jul 31 2011, 04:53 PM

The developer untung banyak from this project if sell out according to sources.

another case of savanna matching covillea's pricing?

I want to bet in happy garden. I not at that standard yet for 1mil condo

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Added on July 31, 2011, 8:13 pm[quote=airline,Jul 31 2011, 07:03 PM]
The developer untung banyak from this project if sell out according to sources.

[/quote
Untung la.....still left 6 to 7 units from 2k sf onwards


This post has been edited by Wild Horse: Jul 31 2011, 08:13 PM

i am referring close to 50million here,

Boss,

Let me swallow my words because my earlier post may have been misleading.

Personally, i NEVER bet exclusively on appreciation. From an investment point of view, cash flow is my prerequisite. Appreciation in my properties is an ancillary benefit of ownership.

If there are new & "mind-blowingly" fantastic developments coming up, where the price psf keeps up escalating, i'd take a step back for the time being.

I'll focus on the surrounding old & boring units which people spurn in favour of the new kid on the block. Of course, cash flow wise it has to make sense - and then i'll only bet on it's riding appreciation.

Lot's of examples where people suddenly realise the value of "old & boring" when the new kid is up and running. Question is - which old kids do u place your bets on, and whether u r in early in the game

A true investor has spoken! I agree with you 100%. Just that I'm a weakling who tends get lured by fast buck, especially in these golden times. Pardon my greed.

Back to the subject, I've done a quick calculation on Trellises. Not that cheap as well and cash flow remains negative. I guess you'd have rule this old kid out as well? Way too late maybe...

hi friend,

nothing wrong with your philosophy. As the old cliche goes - many roads lead us to Rome. I have seen many people motivated by "greed" do 10,000 times better than me. Just that it may not suit my strategy for the time being.

I think u should check out Kiara Green? Some units may not be advertised. even then, the best u can hope for is a cash flow nuetral play for the time being. It is more low dense than Trelises, and seems better maintained as well. Just example yah. Have not checked out the areas affected in quite some time. Quite rusty

Thanks for the tip. I think those interested in The Greens will be scrambling to check out Kiara Green as well. As for me, I opt out. Call me a speculator but the next one has to be for flipping.

P/s: Wild hair? Can't imagine...LOL!

all available units are fully taken rite, how bout booking? is it transferable?