QUOTE(sweety9797 @ Nov 17 2011, 12:08 PM)
1120 different from Riverville:
1) 1120 is Selangor
2) 1120 is leasehold
3) 1120 smaller size (877 sqft and above)
Currently the Sri Manja Condo asked for 290k (Selangor, leasehold). Bear in mind already 15 years old condo.
1120 completed I think can go up to at least RM350/sqft although is leasehold.
Added on November 17, 2011, 12:11 pmRiverville is about 500-600m from main Old Klang Rd. Before Petronas, just after Sentosa Court. It is not located deep inside.
1) 1120 is selangor, and this will enable the resident to get free 20CBM water. Ur project got or not?????
2) 1120 leasehold is not a problem as flippers don't intend to keep it. Buyers can get easy loan as the expiry is 90+ yrs
3) Smaller size or not doesn't matter. as we sell on psf basis. and the plus ting is smaller size will make it more affordable and thus increase ROI. Ur project what size?????
4) 1120 got 18 months free rental/rebates from developer. owners can rent out the unit and get rebates which equal to getting 2 months rental every month. Ur project got or not???????
5) 1120 maintenance charge is among the lowest compared to all new condo. Thus increase COCR
6) 500 meter to highway. 1 side to sunway, another to MV/Bangsar
7) 1120 got 2 parking. Ur project how many parking???
8) and 1120 is quite low density as the land is big. Ur project what density????
seriously speaking, its kinda late to enter the market now. by the time u get keys 36 months, there are thousand of units competing with this project just in OKR, not to mention whole or KL n Selangor.
unless this developer can give some serious deals, its difficul to say that it can be BBB