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Investment DAMANSARA FORESTA, A new development near Desa ParkCity

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cheahcw2003
post Jan 9 2012, 06:40 PM

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QUOTE(ahken100 @ Jan 9 2012, 06:37 PM)
If my budget around the corner, I prefer add rm200k buy bdr utama link house at lease I got landed. Some more bdr utama also england speaking although its old house. Freehold ma biggrin.gif
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what do u meant by budget around the corner?

Link hse and condo is not an apple to apple comparison lah...different product features, facilities, GnG, different target customers...
eddychstu
post Jan 9 2012, 06:41 PM

Why so serious?
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i find it funny while DF is not ridiculously price compared to those at 1000psf and it actually provides much more living quality than others which might be just a plain building with facilitation and yet, criticism still happens. hmm.gif

This post has been edited by eddychstu: Jan 9 2012, 06:41 PM
ahken100
post Jan 9 2012, 06:43 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 06:29 PM)
Nonody can predict the future, nobody has crystal ball. Like many asking, will landslide happen? can it reach 600psf when completed? can it sold at RM1mil when completed, can the bank margin only 30% LTV at 2015? bla bla....

if u r investor, u just need to set your target price and exit plan. Can't take the heat? just watch from the sidelines, or drop the unit. If this can make u sleep well at night.


Added on January 9, 2012, 6:33 pm

i dont understand what u write.
i never want to sell @ RM1mil, i only interested to make the target i want. If u cant take the heat, just keep your money in FD.
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Ha ha who get heat ler?

I just assume 1mil its small money, then your 800k ppl think 10 10 water(canton) Dont get heat bro. Be calm down. Dont goreng too get over fever.


Added on January 9, 2012, 6:46 pm
QUOTE(cheahcw2003 @ Jan 9 2012, 06:40 PM)
what do u meant by budget around the corner?

Link hse and condo is not an apple to apple comparison lah...different product features, facilities, GnG, different target customers...
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Maybe you right. Apple cannot compare watermelon biggrin.gif



This post has been edited by ahken100: Jan 9 2012, 06:46 PM
calvinyeap
post Jan 9 2012, 07:26 PM

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Anyone went to the showroom today? How's Block B sales?
Gary
post Jan 9 2012, 07:40 PM

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Guys,
Anything is possible. Look at what Desa Parkcity did. Their condo prices is sky high. Yet all taken up.
Town houses ie sunway harmoni. So mahal.
1.1mil for a leasehold townhouse is unheard of 2 years ago.
By the way, I wanna tell you guys this
If you are afraid of taking chances, how you gonna reach the top?


Added on January 9, 2012, 7:41 pmNobody can say 100% can make
Money here. It's a risk. Those decided to take it so be it la. those tak mau biar la.

This post has been edited by Gary: Jan 9 2012, 07:41 PM
zuiko407
post Jan 9 2012, 08:35 PM

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biggrin.gif biggrin.gif biggrin.gif The Forest War Stop already biggrin.gif biggrin.gif biggrin.gif
mellomm
post Jan 9 2012, 08:56 PM

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Lng now and yesteryears are differnt. Wat happens if lng cannot sell at the price that they are milking the buyers now. Can they offer wat is in the brochures. Think that Price too high as they try to diferentiate with other project. But is the promised diferentiation worth it. Buyers call.?
kochin
post Jan 9 2012, 10:02 PM

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bro cheah is really super confident of DF.
it's also good that you have set yourself a target.

can't help but wonder how much does one really make if buy in 700k, exit at 800k with barest minimum downpayment and all.
i reckon 20-40k?
but ccris lock down 700k wor.
cheahcw2003
post Jan 9 2012, 10:20 PM

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QUOTE(kochin @ Jan 9 2012, 10:02 PM)
bro cheah is really super confident of DF.
it's also good that you have set yourself a target.

can't help but wonder how much does one really make if buy in 700k, exit at 800k with barest minimum downpayment and all.
i reckon 20-40k?but ccris lock down 700k wor.
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u soud thinking too much.
i have seen many unties/ uncle buy 4-5 units in one go without worrying
SUSUFO-ET
post Jan 9 2012, 10:46 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 10:20 PM)
u soud thinking too much.
i have seen many unties/ uncle buy 4-5  units in one go without worrying
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Tai Kor kochin is trying to say, if you set 800K target, the margin is too low to justify the kill, regardless of buying with cash or LTV70/90. In another word I think he doubt how much is the appreciation (%) in 36 mths to come?
TSaccetera
post Jan 9 2012, 10:47 PM

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I just like to see people BBB....
ahken100
post Jan 9 2012, 10:48 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 10:20 PM)
u soud thinking too much.
i have seen many unties/ uncle buy 4-5  units in one go without worrying
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Yes, they are millionaire. Let say there got 10mil in cash FD interest ard 3.5-4% per annum. Every month get 30k of interest can put into the monthly installment. There can play this game without panic for installment.

But if you think your cash below 100k can installment to the house above 700k, still abit riskkkk.

Anyway, like kokchin said you are one of confidence buyer can go ahead.

This post has been edited by ahken100: Jan 9 2012, 10:49 PM
ManutdGiggs
post Jan 9 2012, 10:50 PM

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QUOTE(cheahcw2003 @ Jan 9 2012, 11:01 AM)
Well, i just pointed out the way the forumer "Youcity", carried out the points.

He/she may question like in such a manner :
If this project safe? or how the developer can mitigate the landslide risk? or how other investors think about the safetiness of this project? is the developer capable to contruct such products in the hill side?

One who invest or ready to invest have the rights to ask such questions, in the more diplomatic and humble way, but what he/she pointed out is to accuse this will be another Bkt Antarabangsa alike project, and attach a link to the said Bkt Antarabangsa tragedy. This will make others forumers confused and panic.

In Malaysia law, one is not guity until u prove it guilty. To prove it guilty, u need witness and concrete evidences. You cant just simply shoot in the air and said it is guilty. Usually to prove the evidence, we need professional thoughts to certify, ppl like doctors, engineers, or geologist in this case.
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Brot, dun take it too personal. Nothing wrong to compare between 2 projects. Example shall oso b given when u r making a point in a forum no matter it's very rite or very wrong. Maybe our fren here is just curious n worry. Just like a simple example, when u r intro to a new restaurant by fren, some might like to try it, some might question, 'boleh ga'. Sori, it's not a good example but it's just a very simple statement. No hard feeling.


mellomm
post Jan 9 2012, 10:51 PM

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Need bbb n unties owise lng is bye bye bye
cheahcw2003
post Jan 9 2012, 10:54 PM

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QUOTE(ahken100 @ Jan 9 2012, 10:48 PM)
Yes, they are millionaire. Let say there got 10mil in cash FD interest ard 3.5-4% per annum. Every month get 30k of interest can put into the monthly installment. There can play this game without panic for installment.

But if you think your cash below 100k can installment to the house above 700k, still abit riskkkk.

Anyway, like kokchin said you are one of confidence buyer can go ahead.
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that is becoz i got Block A lower floor, RM400psf. If i drop this, i dont think i can get the same price RM400psf product in freehold damansara area.
those who bought 4-5 units are seasonal investors....i guess they know what they are buying into.

All investment comes with risk, like a glass of 50% fill with water, Some ppl see half full, some ppl see half empty. i.e., Some ppl see opportunities, some ppl only see risk.
ManutdGiggs
post Jan 9 2012, 10:55 PM

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QUOTE(ahken100 @ Jan 9 2012, 12:08 PM)
No la, phase 1 928 units. But it is still too high density. I assume how many will occupied for phase 1, before coming future project phase 2, 3 & 4.

Is it so many p.j lang stay around here? If I got extra money, I will buy it for holiday stay cause very nice landscape.
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Hehe I saw few Kepong Lang la. I think some Kepong Lang oso speak England la. Dunno can blend in onot.
ahken100
post Jan 9 2012, 10:56 PM

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QUOTE(accetera @ Jan 9 2012, 10:47 PM)
I just like to see people BBB....
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Me too like to see bbb. I saw before datin buy 2 unit same time at the behind jusco maluri cheras.

I wonder know how many people in Malaysian include sbh & srwk? And how many percent from chinese, malay, india and other race?
cheahcw2003
post Jan 9 2012, 10:57 PM

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QUOTE(ManutdGiggs @ Jan 9 2012, 10:50 PM)
Brot, dun take it too personal. Nothing wrong to compare between 2 projects. Example shall oso b given when u r making a point in a forum no matter it's very rite or very wrong. Maybe our fren here is just curious n worry. Just like a simple example, when u r intro to a new restaurant by fren, some might like to try it, some might question, 'boleh ga'. Sori, it's not a good example but it's just a very simple statement. No hard feeling.
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This case already closed. What i want to highlight is forum ethics. You need to justify your points with facts, responsible on what u have said. I rest my case here on this.
SUSUFO-ET
post Jan 9 2012, 10:57 PM

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QUOTE(accetera @ Jan 9 2012, 10:47 PM)
I just like to see people BBB....
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Chief, kenot keep posting NEW project so often, I worry yr BBB will become SSS then Susah lor.. biggrin.gif
prop99
post Jan 9 2012, 11:04 PM

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For me the value proposition and attraction to this property is that upon completion of the DF, L&G / Mayland hands over the 21 acres of the prime freehold forest land to the JMB. I do not know if this will really happen?

Assuming the project takes 10 years to complete, the freehold land could be worth rm500 psf then. So 21 acres would be RM470 mil.

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