Agree.
Last time during our parents time. Mortgage loan max tenure 20 years, or up to 55 years old only. Now can go up to 45 years or 70 years old. This explain it all.

We are not discussing abt loan here.
I m trying to answer bro Amint the correlation in between the life expectancy and the loan tenure.
What I m trying to say is that bank will not lend u up to 70 years old if we Malaysian life expectancy is only 55 yo.
Don't mess up things here

L&G's biggest investor is Mayland. Mayland has more than 35% shares ownership in L&G.
The chairman and founder of LNG, Tan Sri, basically already sold his company to Mayland, and he only owns 1% of the L&G shares. The members of Board of Directors in L&G are basically Mayland appointed.

The important post like CEO/Managing Director is chairred by the daughther of Mayland's chairman. Basically, L&G is in control by Mayland. All this info are available in their annual report.

This post has been edited by cheahcw2003: Oct 21 2012, 12:57 PM

There is no perfect developer in the world. Some developer is good in delivery but they sell their property at future price, and leave no money/profit on the table for the investors to grap. Mayland is not.

The bad things i heard about Mayland are:-
1) poor quality
2) late delivery and refuse to pay late interest (LAD)

For point 1), it is depending which main contractor they appointed to construct the project, what i heard is that their recent project Regalia has almost VPed and the quality is good.
For point 2), DF is covered with DIBS until the VP, from investor points of view, as long as interest is covered till VP, then there is no extra cost to hold the property, even the developer delay the delivery.

Despite all the complains, i would say Mayland still have lots of repeat customers, especially those customers who invested in their previous projects in Sri Hartamas, golden triangle made good money with superv appreciation rate.

So investors need to do their own personal judgements, if the benefits outweights the cost, then still viable to invest, and vice versa. The choice is yours !!

No idea abt Regalia, not an investor there.

Some might booked lower price Block D instead of Block C.
Developer also clearing the left over/ drop out units from Block A, B.

Agree with you taikor.
Coffee is good to drink when it is still hot, not it has been cool down already.
the pricing is too aggresive.

how do u define luxury condo in the first place?

Yeah i agree

DF is selling via online portal...
http://www.starproperty.my/PropertyScene/T...htBox/26093/0/0

very creative way of doing sales, i wonder how much they can generate from this online portal?

Looks very good. But different from the video, which showing the double volume gym overlooking forest.

As stated in the website : - http://wong-carolyong.iagent.my/default.as...ing&pid=1314097 the advertisment was dated August 31st 2012

From the website, it stated that:-
Call us now for a Special Discount and Developer Interest Bearing Scheme* (DIBS) Privileges.
YL Wong @ 012-377 4196
Carol Yong @ 012-312 6561
Eugene @ 016-604 1071

Normally property negotiator like Reapfield only handle subsales. But they can give Special Discount + DIBS from Developer, means they are corporating with the developer to push the un-laku units.

This post has been edited by cheahcw2003: Oct 29 2012, 06:30 PM

Possible.
But then their Regalia, they only sell little units when first launched and most units were sold towards VPed.
LNG is one of the most cash rich companies, better cash position than See Hoy Chan as per The Edge Property award 2012 ranking。they can anytime BTS.

Each phase will have seperate entrance. Phase 2 will have its own.

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Added on November 1, 2012, 12:35 pmDepending on how do one define "small hill", the total development is 46 acres, 23 acres (class 1 +2) developed into 4 phases of highrise, the remaining 23 acres of (class 3+4) will be built with forest facilities. To me 46 acres of land is not small.

No surprise that Mayland boss targetting Phase 2 of Dsara Foresta for HK and China market. The owner of Mayland is from Hong Kong, and they are currently corporating with a China Developer from China to develop landed property in Kajang and Rawang.

Sources: http://www.iproperty.com.my/developments/d...w.aspx?pid=2469

This post has been edited by cheahcw2003: Nov 1 2012, 12:37 PM

also can use Kepong, Jln Kuching, Jln Duta, then KLCC

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Added on November 2, 2012, 1:28 pm

Taikor, Cyberjaya not cheap leh, all landed cost > RM1mil. Highrise no middle ground, only either student accomodation or SOHO, SOVO.
There are not many 500K-700k affordable condo for middle income family.

Cyberjaya residences need to pay toll plus Petrol consumptions is huge if travel everyday to KL City.
That is why i have friends who work in KL choose to live in Seremban, can straight away go to Sentral, an hour ride using public transport, another one live in Seremban but work in CBJ, commute daily from Seremban as well. Seremban prop still affordable compared to CBJ f were to choose Siberfar area

This post has been edited by cheahcw2003: Nov 2 2012, 01:30 PM

i will prefer DF with this price. Thank You.

Agreed on your statement. I can see now CBJ is flooded with investors. i will only consider when they have enough night time population, amenities like SRJKC, decent shopping mall and restaurants.

No regret if i were to pay higher price in the future

Property investment rule No. 1, Location x 3
Investment rule No.1, in order to make money 1st must make sure you don't loose money.

Too many investors in CBJ, those who purchase in CBJ are not those who staying in CBJ, no natural grow of population.
I can see Red Sea competition when all properties VP. The first challenge is in Mah Sing's GR, their prop just VPed, and the subsales is damn slow.

Out of topic, we shall back to DF.

Are u referring to DF or GR subsales?

This post has been edited by cheahcw2003: Nov 2 2012, 07:24 PM