ohh u made me laugh ..   
ok lets do some reasoning talk although u may not be able to comprehend ..
back in 2009, despite all the freebies and DIBS by Zen, Atmosfera and sw, Zest was the hottest pick with high sales volume .. reason is simple because Zest is the cheapest among all ... so dont tell me investor has no money for downpayment, therefore went on to buy sw that is way more expensive ..
i would rather say typical investor will buy zest because it is the cheapest compared to others which they reckon as a similar product .. + someone who keep promoting Zest and criticise other development ler .. 
there were many own-stayers who bought Zest in this forum  who are they ? now if u want a list of speculators .. haha .. finally i can get Covillea list jor .. 
so where is the proof ? easy .. just do a check in iproperty and see how many listings for Zest and sw .. then u will know who has the most speculators .. u will be amazed by the numbers .. 
now if u really cant recall properly, let me remind u .. sw phase1 never attracted investor because of its pricing, hence the slow sales, while on the other hand, Zest was quickly sold-off because from investor pov, that's the cheapest , hence it's safer to assume a certain caps ..
so dont bull us that Zest has many own-stayers .. 
on the contrary, i see that the price of Zest is rather limited because there are too many speculators eventhough TZ has nice facade, location lrt, u name it ..

Not to burst all yr balls but check out this sale for The Zest

http://www.iproperty.com.my/propertylistin...ominium_ForSale

Selling for RM 360k or roughly RM 324 psqft

one of the property agent told me these are the tactics to get buyer / seller database..

put very low price to attract potential buyer call in.. then say sold already..

put very high price to attract home owner call in .. yeah.. seller asking price but not easy to sell at such price..

that was why we can always see 2 diff extreme HL prices..
with the buyer/seller listing on hand.. things are getting easier..

what i'm trying to say is that you can sell for whatever price you want...you can even sell at RM 1 billion , it's up to you(it's a free market) or better still, form a cartel and tell every one of zest owner to sell only above RM 1 billion....but whether got people want to buy from you at that price is another story....

Anyone has any checklist what to do/check after collecting the keys?

1. http://www.iproperty.com.my/propertylistin...k_House_ForSale. This one lar. Put another RM 200k in and you have a spaking brand new one.

2. All i'm saying is if they are prepared to pay that kinda amount i.e. 460 psqft there are so many other choice, not necessarily bandar kinrara.

3. Zest for own stay ok. For rental is gonna be a big problem. You will have to compete with rental of double storey house (in rental terms which is much cheaper than Condo), Bukit Jalil condos (Savanah, Vista Commonwealth, etc), Puchung (Setia Walk, etc) in addition to each other (720 units). As such I can see the rental market is very competitve and population of Puching, although big, are not known to be a rental heaven (like MK, Damansara, etc). Meaning most residence in Puching are mainly home owners not renters. As such many units will be empty.

I think the LRT will be right in front along HapSeng, Zestians may need to lobby for a overhead bridge to cross over to the LRT?
Unless if they build it in the middle of the road and make connections from both sides. But I guess that may not be possible as the ramp is just located nearby.

Interesting...if it's in the middle, means the LRT will be above the ramp?
Initially i thought it will be on the side of HapSeng's.
Anyway, we'll see in 1-2months time.

Unless it cover with Canopy, the walking will not be easy and the fact that the overbridge cut in the middle, means Zest citizen will need to walk under the bridge and go up the station.

Thanks MOD for removing the previous un-necessary rude remarks........

Woot, thank you Pai gor...

Personally I'm waiting for quotation on door grills, will update here once i got all the info.

Anyone knows any restriction (by management) on installation of grill?

why not? should be fine. but im not sure if u need to get someone's consent (developer/local authority)

Firstly normal working people do not have 2-3 years of installment reserves for their investment properties. Even in the very, very rare instance, if there is at all, it is highly unlikely to all be in liquid cash (maybe stocks, bonds, etc - other illiquid assets).

Secondly, if flippers have cash-reserve of 2-3 years of installments, then he/she is not a flipper. He/she's an investor. Again there is a difference.

Flippers are those who look to cash-out as soon as possible, to flip the property, hence the word flipper. These people usually have no or not much cash reserve coz they go/flip by volume i.e. 20-30 units at one time.

In all downturn, it's hard to say how much cash reserve you have, etc. Don't forget, once you lose your job, your income stops comming in but outflow remains the same. I mean, you family still needs to eat, kids still need to go tuition, still have to buy pampers, still need to buy milk, etc. Once the unemployment is prolonged to 1 year or so, while rental is not forthcomming (excatly what happened in 1997), many will be sued to brankrupcy and have all their properties auctioned. Again this applies to the normal working people. Not millionaires.

---

Added on December 14, 2011, 2:19 pm
Because someone mentioned there are alot of overseas buyers. Usually (experience tells me) these people are either investors or flippers

Guys, understand from the agents not many owners are selling. demand surpasses supply. they've received many enquiries to buy due to proximity of lrt.

i dindn't know that lrt can play such important role in determining demand. anyhow, this is good news as lrt was never part of the upside when the zest was launched 3 years ago.

those days, the main concern was the u-turn at bukit jalil!!! now they've the ramp.

you can check with the agents who set-up booth at the zest.

what so excited this project?

LRT target to be complete by end of 2012 ?

current valuation by ocbc is rm420 psf but loan ratio is 70%.

hopefully, upon vp, the valuation by all banks will be in the range of rm420 psf - rm460 psf.

remember, lrt contributed to the high demand for the zest if you can hold a little while longer. target to hit rm480 psf by end dec 2012.

watch this space!

in any case, it's still cheaper than all current launches of condo within puchong vicinity. check around!