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 The Zest @ Kinrara 9 V3, Development by Trinity Group

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Maxsimax
post Aug 18 2011, 06:11 PM

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Gosh...V3...Thanks, Eugene.

I miss Taurus...where is she.. sad.gif sad.gif

Anyway, should the Forum be heading towards a Selling Hub Forum? hmm.gif hmm.gif

As for the price appreciation, unless the Government finally decide to stop it, then we would only see continued incremental of price..which I don't think is healthy, though.

pinkdevil88
post Aug 19 2011, 07:52 PM

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QUOTE(Covillea @ Aug 18 2011, 02:21 PM)
all the property agents on iproperty don't have the units. they just advertise to collect potential buyers & sellers.

market price should be above rm500k.
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I have just went to have a look at the units and have an offer at 410k. I counter them 400k and is still waiting for their reply. Bank valuation is only up to 380k the highest. You may do some self check. I have doubt if anything more than 400k is worth entering for the zest right now.
zavier98
post Aug 19 2011, 08:11 PM

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QUOTE(pinkdevil88 @ Aug 19 2011, 07:52 PM)
I have just went to have a look at the units and have an offer at 410k. I counter them 400k and is still waiting for their reply. Bank valuation is only up to 380k the highest. You may do some self check. I have doubt if anything more than 400k is worth entering for the zest right now.
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i dont think u stand a chance blush.gif , Covillea is telling everyone to sell at 500k and Pai is bullish on this one ..
well maybe u will get lucky cos i dont think many are listening to them cool.gif ..
dont worry about valuation Pai and Covillea will buy many units and push up the stock price .. ooppss i mean the property price .. brows.gif

who knows it might be them who sell u the prop .. hmm.gif
pinkdevil88
post Aug 19 2011, 08:32 PM

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QUOTE(zavier98 @ Aug 19 2011, 08:11 PM)
i dont think u stand a chance  blush.gif , Covillea is telling everyone to sell at 500k and Pai is bullish on this one ..
well maybe u will get lucky cos i dont think many are listening to them  cool.gif ..
dont worry about valuation Pai and Covillea will buy many units and push up the stock price .. ooppss i mean the property price ..  brows.gif

who knows it might be them who sell u the prop ..  hmm.gif
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The bank valuation is important. say if the valuation is only 380k. Meaning that i need to fork out extra 20k. And the initial investment upfront will be more than 70k including s&p and all the legal fees. At 70k i might as well book a unit in KM1 and not to worry about the monthly installment until 3 years later. S&P legal fees all borned by the developer.

The zest has a strategic location but it is the number of units that is pulling me back. I am concerned that the market for the zest will not be too liquid upon VP and if your holding power is not strong enough, it will be very hard to find a buyer.
Pai
post Aug 19 2011, 11:29 PM

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QUOTE(pinkdevil88 @ Aug 19 2011, 08:32 PM)
The bank valuation is important. say if the valuation is only 380k. Meaning that i need to fork out extra 20k. And the initial investment upfront will be more than 70k including s&p and all the legal fees. At 70k i might as well book a unit in KM1 and not to worry about the monthly installment until 3 years later. S&P legal fees all borned by the developer.

The zest has a strategic location but it is the number of units that is pulling me back. I am concerned that the market for the zest will not be too liquid upon VP and if your holding power is not strong enough, it will be very hard to find a buyer.
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Pinkdevil,

Think there's a forumer in propertyWTF.com.my called EMYGHT mentioned he did manage to get a 380psf valuation for Zest..........y not you try contact him instead............


Also Im rather curious here..........why not consider Setia Walk?
greenlight88
post Aug 20 2011, 12:58 AM

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This post has been edited by greenlight88: Aug 20 2011, 01:00 AM
zavier98
post Aug 20 2011, 09:14 AM

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QUOTE(pinkdevil88 @ Aug 19 2011, 08:32 PM)
The bank valuation is important. say if the valuation is only 380k. Meaning that i need to fork out extra 20k. And the initial investment upfront will be more than 70k including s&p and all the legal fees. At 70k i might as well book a unit in KM1 and not to worry about the monthly installment until 3 years later. S&P legal fees all borned by the developer.

The zest has a strategic location but it is the number of units that is pulling me back. I am concerned that the market for the zest will not be too liquid upon VP and if your holding power is not strong enough, it will be very hard to find a buyer.
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u are spot on .. unfortunately, many owners choose to believe that the price will go skyrocket if they can hold .. not knowing bank is tightening their belt .. it used to be easy to loan, but nowadays many will have to be justified for the loan .. ppl are still living behind in year 2009 when bank was easy with market valuation ..
Pai
post Aug 20 2011, 12:35 PM

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QUOTE(zavier98 @ Aug 20 2011, 09:14 AM)
u are spot on .. unfortunately, many owners choose to believe that the price will go skyrocket if they can hold .. not knowing bank is tightening their belt .. it used to be easy to loan, but nowadays many will have to be justified for the loan .. ppl are still living behind in year 2009 when bank was easy with market valuation ..
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Would be interesting to see what valuation can SW get........U think can reach 400psf or not.....? tongue.gif
airline
post Aug 20 2011, 01:30 PM

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I thought 1006sq feet now is rm550k already?
For setia walk I mean

This post has been edited by airline: Aug 20 2011, 01:31 PM
Pai
post Aug 20 2011, 02:26 PM

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QUOTE(airline @ Aug 20 2011, 01:30 PM)
I thought 1006sq feet now is rm550k already?
For setia walk I mean
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Claimed transacted price boss.....would be interesting to see how many units in SW can be transacted at 550psqf......within 6 months upon VP....... Not sure if valuation will be an issue since latest SW phase already at 600psf......

And more important.....will there be a market for a 500k high-rise in Puchong? wink.gif

SUSUFO-ET
post Aug 20 2011, 11:27 PM

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fair price for SW shd be RM450/sf - RM480/sf (Vio & Brio) cool2.gif
Pai
post Aug 21 2011, 05:11 AM

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QUOTE(UFO-ET @ Aug 20 2011, 11:27 PM)
fair price for SW shd be RM450/sf - RM480/sf (Vio & Brio) cool2.gif
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Chief.........Im inclined to agree with you on the above..........especially for the smaller units............
zavier98
post Aug 21 2011, 10:39 AM

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This thread is being hijacked by sw ..
i think the most appropriate question to ask is what is the fair price for the zest ..
most of the asking price is from 400k to 450k ..
pinkdevil, i agree that house bargaining is inevitable ..
for a 10k reduction, i am thinking the owner wldnt mind considering it's a small portion of his profit .. but as a potential buyer, i reckon the 10k discount will not deter u from buying ..
so can i conclude the fair market price or at least the buyer would reckon is 400k thereabout ..
and as pinkdevil correctly pointed out, there would be so many units upon vp, can the price shoot with few individual bullish sentiment ?
hmm i think covillea will start to list down the asking price very soon
ELISE_MS
post Aug 21 2011, 08:48 PM

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Anyone seriously want to sell the zest unit, pls pm me
Covillea
post Aug 22 2011, 11:17 AM

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please ask your bank to try td aziz for valuation.

believe they can it's above rm500k. however, bank will not give 90%, probably 80% only with the high valuation.

net-net, it's still above rm500k.
SUSUFO-ET
post Aug 22 2011, 11:54 AM

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Just pass by, the Zest's overall impression is solid, credit to Trinity group! rclxms.gif
Pai
post Aug 22 2011, 12:27 PM

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QUOTE(Covillea @ Aug 22 2011, 11:17 AM)
please ask your bank to try td aziz for valuation.

believe they can it's above rm500k. however, bank will not give 90%, probably 80% only with the high valuation.

net-net, it's still above rm500k.
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Interesting wink.gif

U checked with TD Aziz already?
Mikken
post Aug 22 2011, 12:34 PM

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QUOTE(UFO-ET @ Aug 22 2011, 12:54 PM)
Just pass by, the Zest's overall impression is solid, credit to Trinity group!  rclxms.gif
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Hey guys, just to sidetrack a bit, just realized that Talam Berhad has changed its name to Trinity Corporation Berhad. doh.gif
zavier98
post Aug 22 2011, 12:52 PM

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QUOTE(Mikken @ Aug 22 2011, 12:34 PM)
Hey guys, just to sidetrack a bit, just realized that Talam Berhad has changed its name to Trinity Corporation Berhad.  doh.gif
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this sounds like a joke .. but hell yea .. i guess talam needed a change of name .. now it will be interesting to see if the real trinity would want to change to a different name to avoid ppl thinking they are related .. or are they ?
anyway, i belip Trinity will become very famous and popular v soon ..

22222222
post Aug 22 2011, 01:00 PM

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QUOTE(Mikken @ Aug 22 2011, 12:34 PM)
Hey guys, just to sidetrack a bit, just realized that Talam Berhad has changed its name to Trinity Corporation Berhad.  doh.gif
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Yes effective on 19/08/2011...last friday.....bursa code still same 2259...... smile.gif

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