le yuan hmm..sounds like cemetery place

sorry if i offended you

hi, i just went today. block B open for sale only. all small units 1164sqft sold out. almost 50% sold out overall. i think left 1392 sqft onwards. work out min. RM457 per sq ft for 1392sqft before discount. RM 410 per sqft only for 1164sqft,but all sold out.might think to get bigger unit la.

Still got good units left? How much?

What makes the per s.f. price so much different? 410/s.f. vs 457/s.f. ?

if youre the developer, you will say that the difference is marginal

not sure, but after discount of 7%, the price is RM425/sqft. the response today quite good...alot of ppl buy like no need think one. the key point is DIBS, save quite alot of money for interest. but i think tomorrow even more hot when open to public.

normally the smaller size price psf is higher... why discount so much for the smallest size ? one of the reasons may there is break tank at the middle of the stack of 1164sq ft.

le yuan is freehold,dibs with uoa,288 residence 400pst ,high density,no dibs and leasehold..
pls choose...

The whole market flooded with tons of condo 3 years from now. Good luck to all purchasers......

Bro dun scare the buyers lar, IMO 410psf is quite fairly priced.

Bro, Rm410 is only for big units. small unit is average about Rm470, meaning around RM500K for size 1050 sq ft.

Ask yourself, would you buy condo in kuchai Lama for RM550K or 600K after 3 yrs? Frankly, i wont buy lor.

Same goes to Cheras Altitude 236, condo selling at RM600K ++. Developer now is too greedy at the expense of innocent buyers.

I foresee condo is not a good buy at all for the time being. Just my personal views for sharing.

Well, if you find that the property does has strong fundamentals to experience capital appreciation, high yielding as well as low PE and the purchasers have strong financial background (I am referring those who are still able to service their loan based on 30% of their mthly income), by all means!

FYI, population grows exponentially and in the next 25 years, those who are born now will be lining up to purchase from those who invest now. Investment is for long term and inflation is an ongoing process. As long as you are keeping your investment for a period of more than 10 years, any corrections in time will be ridden out.

On the otherhand, investors should always asked themselves whether how much longer would they live to see daylight, how much money would they need to live for now and in near future and how much do they want to leave to their off springs once they are gone.

To be fair, there are few factor cause the price increment of property like land price keep going up, construction material cost increase, lifestyle changing & expectation of purchaser higher, from 300x300 ceramic floor tile to 600x600 porcelain or mable floor, lot of new features in the new development compare to old 1: facade, landscape, facilities, security, High speed broadband fiber optic backbone, astro beyond required... all these incur additional cost.... especially on the construction material, contractor nowadays price for the risk of uncertainty and cost fluctuation on those construction material that no longer in government price control after the experience of price escalation in year 2008.
Authorities also impose a lot of requirement to improve the building/development …. Increase the cost in another word. Now they asking built then sell, I think this ll cause the property price increase somemore because the developer’s risk and cost are higher. It require higher profit margin to justify if not why put money in property development? Better to invest somewhere else…..
The main factor I think is the inflation, for example the chicken rice 3 years ago RM3.50 a plate now RM5 increase more than 40%.
How to expect the property price to stay?
With the bearish outlook from every expert, purchaser has to be more cautious, make sure be able to sustain for the down time. A lot ppl are holding their cash to wait for the opportunity to grab those urgent sale/urgent exist property…
I believe that invest in property will get higher return than Fix Deposit of Bank in long term, 5 – 10 years with all the incentives given.

Le yuan=happy place?

http://www.malaysiaeconomy.net/english/ind...ation&Itemid=53

you refer to above link,see malaysia population category age 20 to 34,how many million people in this category already...as one project average unit of condo is around 600 units, 10 projects total 6000 unit in kuchai three years later, assume 50% own use,meaning that 50% available in secondary market..3000 unit available..do you think 3000 units are be able to feed the demand? plus landed properties price gone up again...probably close to million or exceeded million..

interesting. inflation and population growth.
how the sales here.
got price chart?

This is what we call talk with facts. I salute.....
Moreover, there are many investors who are saving cash waiting to jump in when property price to drop. these ppl will be providing the 2nd layer support for property price.

Slower capital appreciation YES.
Stagnant or declining property price. I doubt so.

Diff context in US whereby many are in debts.

This post has been edited by Magpies9: Nov 19 2011, 11:31 AM

Certainly agreed with u bryan property investment still offer the best opportunity at this moment of time especially when it is located at a convenient area with good connectivity to highway. Such a location will increase in value when time to come oso.

alamak...you guys simply made up name wan ah?
I was surprise that UOA decided to adopt a chinese name for its project....1st time from time actually....

if I am not mistaken, the meaning in mandarin for Le Yuan is Beautiful Courtyard Garden.

I believe there is lot of different opinion, regarding landed property and condo. Nowadays, condo priced at about 500/sqft ( for new launch condo) while landed probably cost about 700/sqft ( jus my personnel view), at one glance you would said why not buy landed for additional 200/sqft, but dun forget landed property standard size is about 1800sqft which will cost your over million, while condo about 1000sqft which cost you 500-600k onward............for those newbies which looking for their first house at combine salary 10k per month, do you think they afford those over million property? i understand the condo price are a bit high, at this moment, but jus a simple logic they cant afford the landed because the high entry cost, which probably took their 30 years or above to pay back, in life i think we need transition stage, so for normal practice it should be buy a condo first, if you feel your are ready to upgrade to landed, then only go for it.
that was my 0.0002 cent.............