Nov 16 2011, 09:21 AM
QUOTE(Magpies9 @ Nov 16 2011, 12:30 AM)
Comparing kuchai avenue 935sf vs the Leafz 1025sf 3 years down the road.
Kuchai avenue rm380k for a bare unit right now. Assuming a conservative appreciation of 38k a year means it will fetch abt rm500k in 3 years.
By then, would some one pay rm500k+ for a highly density old KA or a brand new modern fully furnish Leafz at rm600-650k?
No offence, but i think you only looking into property since the past couple of years....Kuchai avenue rm380k for a bare unit right now. Assuming a conservative appreciation of 38k a year means it will fetch abt rm500k in 3 years.
By then, would some one pay rm500k+ for a highly density old KA or a brand new modern fully furnish Leafz at rm600-650k?
There was period of time (several years) that condo price in KV growing very slowly (for completed project).....your estimate of 10% capital grow might be ok, but do remember that 10% annual price increase is not forever, for the past two years, it was quite different, no one know what will happen next.....you need strong fundamentals to grow the price....otherwise, the price would grow at such pace for long, perhaps could even stagnant or dropping....the demand needs to be there....
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