Wonder why people selling TZ so cheap at Iprop!!!! The Place at cyberjaya ady selling at rm530 per-sqft above for new development and not to mentioned about the sub-sale. I don't think TZ location is poorer than cyberjaya............

I admire your optimism and your in-dept knowledge.

Holding power is not much concern for Zest.. bcos majority owners did not buy them more than rm350/sqft.. most bought between rm200 - rm300 /sqft...

Moreover, we are capable of putting 10% downpayment and servicing interest everymonth (as far as for me, I am servicing full payment everymonth).. currently we are servicing near to full amount...

I dont see fire sale on Zest...

For those low downpayment, DIBS and bought at high price, be worry for not able to flip..

Mati mati just rent it out cheap just to weather the storm..

if you r confident that your IM can sell at RM500psf.. I dun see y Zest cant go R400psf..

No all TDC can come out with 20k... and I say Majority....

Well... Kinrara property doesnt look cheap to me...

You say as though you really know how ppl did it with the 20k... good...
I glad you agree with me about Kinrara pricing... dont care mature or up coming... pricing in both areas are comparable...

I think this mercury guy reminds me of his posting which he blast the SW thread claimed it doomed to fail and even those making 8k per household is not qualified to have good purchasing power and he's trying to sell his IM at ridiculous $100k above the market price. Wonder if he managed to sell his units now or still waiting for the very first call fm big fish?

As much as I share the enthusiasm of getting max possible return, I just hope Zest don't end up like Endah Promenade... goreng to sky high by some owner and agent that at the end, went into correction that no one want to admit that see the price drop later with no buyer... and those buyer have shift attention away...

Other more fairer seller ended up cant sell their unit at a more appropriate price after the hoohaa...

Some of these agent are just trying to realistic and honest and asking such to ban them are nothing more than childish thought. You can be greedy but stay on the logical path.

So they have also learned a lesson on not making a one time kill...Its not good for your potential buyer if such history to repeat...

Imagine you going out to buy a mini Cooper. Then you join a club. And then all of you shiok sendiri and want to sell your cars for 500k each. It probably is too high but you are in a club and all of your are enthusiasts and each thinks that you want to get 500k for your cars.

Is that wrong? I see absolutely nothing wrong with it. Why should the rest of the world try to comment and dampen your spirits. If the rest have nothing good to say, say nothing...

Pai,

I'm a firm believer in market forces but its disappointing to see certain quarters that are trying too hard to push the market beyond 460psf and some even resort to calling a ban and boycott of agents/sellers that are going below their "valuation". Such acts I despise to the core and I can see that most of the buyers are young and amateur speculators. There's no point in putting in a list of people who support the targetted psf - just let the market force do its job.

As I've said it before, this is quite a dense development and I can see a number of young IT Joes that are desperately trying to make a killing off this investment. If I were an owner of this, I'd be worried since there are a lot of young/immature investors in this, and it will only take a market turmoil to wipe them out. Once IT Joe loses his job/retrenched, with sky-high BLR and maintenance fees to pay, will he be prepared to cushion this fallout? Remember, its 720 units.

Just some points to ponder. Don't intend to hurt feelings. Thanks.

Covillea,

I'm devastated by your comment. If you may please trace back my comment about certain quarters that are try so hard to push up the price of this property, and some resorting to name calling and ban all the agents / sellers that are selling below the targetted psf.

People posted negative views? Running down the Zest? You mean people that disagree with your outrageous target psf? Grow up a bit. You really sound like an amateur joe desperate for a kill in the currently hot market. Genuine investors will believe in value and would not be shaken and in turn, make such silly comments about people having hidden intentions.

My exact thoughts..........well except for Tmn Desa........ 

I think Puchong area has more young graduates (local ones especially) looking for home to stay, not so many expats.

The time will come definately !!

yr 2009  : ~RM230 psf
yr 2011 Oct : RM420 psf

= 5.5 psf/month

so mathematically (450-420)/5.5 = 5.5 months !!!

Does it really so hard to reach ??      

instead of looking at target market, we can look at it from a different perspective:

can we buy a similar condo like the zest at RM420 psf - RM460 psf at the same location?

even new terrace houses at BK 9 is selling at RM750k - RM800k.

cost of houses have really gone up significantly.

guys, why is everyone arguing it's expensive?

already hsbc & ocbc willing to give rm420 psf valuation, so why's there still a debate?

are we saying the valuation is wrong?

Ok, help mercury shop for his dream property.. here is a bargain, Save rm200,000 from yr 600k budget



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

only rm330,000 & FREEHOLD !!
My colleague said its ugly but u only spend rm100,000 CASH on renovation to pretty it up !   

What u get ...

14 x 55
Kitchen extended
770 sf

Wah, many owners here frm overseas, looks like many capable & accomplished residents here next time. Livelifefull, u r the king of the road haha...

real bargain and fact transaction is 2 diff at the end.....       u go petaling street buy thing they also say real bargain but at last u will get the real price !! there is not fault to push to 460 psf as buyer will ask for lower price. But honestly saying from the photo of patato taikor the Zest has very nice looked and colour scheme. The only 2 things to worry is the quality of build material and how the maintainence down the road.. for flipper then this 2 factors is not their concern la.

dont think flippers are heart sinking, as Zest was not bought at ridiculous pricing.... if were to hold abit longer, still managable.

looking at the delay of SW, others almost complete props are atmosfera, koi and zen (no news), there is still hope for subsale.

mind explain how the NET income plus work and affect the subsale?