seems like all developer are rushing to launch in times of uncertainty
Is there really so many people like to stay in mickey mouse house, and this is not City centre??

let see how they priced it at next 2 years market
may be got parang deal

Preview this friday - sunday
got the letter yesterday, anyone going?

look like money is nothing to ppl now
750k -800k ppl still sap sap sui and BBB

but around 500psf, not too bad

don't think so in 2012, if yes also will give more freebies to make up the same as phase 1 buyer, most likely sales gimmick

if that true
800k x 20% increase = 960k/1462 = 656psf

then, i feel this place not worth this price lol with such large built up
20% increase is a joke, how are phase 2 buyer can compete with phase 1 buyer upon completion or rental

where you get your source? SA?

960 can get landed at sutera damansara at 7++

wah really 800 - 900k ppl buy like pasar malam asam laksa wor
m'sia so many rich ppl...

too high entry for me. i think thi spurely for own stay only.
so how can BBB mode.
rental also tarak, after completion cap also very hard to sell since most ppl want to sell 1 mil

This post has been edited by kelvin667: Jan 7 2012, 03:13 PM

less than 400psf is a damn good buy

got almost 12% disc., ok

800k - 2+10% = 705600
705600/1462 = 482psf = not too bad psf
if is >1462sf like 1200sf, i get one...envy envy

but too large entry for me..bullet not enuff
congrat those who bought cheap!!

who confirm? sales agent?

professional?
I believe there are also professional who have certified and sign bkt antarabangsa project, right.
I agree not fair to link it to bkt antarabangsa but if you depend merely on professional, then you can think the rest.
Anyone can clarify the slope %?

because some ppl see the slope at site loh and so they mentioned here
but bkt antarabangsa collapse are due to understream not slope
but then again, we have to look at soil type and slope %.
so anyone here know the slope %?

This post has been edited by kelvin667: Jan 9 2012, 11:33 AM

if you mean individual professional that is not linked to the dev, then

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Added on January 9, 2012, 11:48 amaiya, i speak hua yi one
but also wanted to buy
scare cannot mix later

This post has been edited by kelvin667: Jan 9 2012, 11:48 AM

not required by law, so they won't
but fall back to JMB later if they wish

pj lang all rich bugger....80% of 1856 = 1484 unit sold in 3 days
BBB under this level meh...sold 500 unit /day - SA write booking form also hand shaking already

kenot lar..only england speaking can
teow chew speaking got to buy MS project

any exaxt distance measurement you can share between the 2 block?

Ah, that how the initial 16 block reduced to 12 block
It is good to highlight the good and bad of project for lyn to better decide
whether it is optimism/realistic/pessimistic comment
Investor are to judge his own investment

if i may, for discussion purposes, to debate a little:
1. pricing. with more than average pricing to begin with, what upside do you reckon can this achieve? with rm750k price tags, 20% increase would be alarmingly close to the 1 million tag. ( when the opposite P.Tropika launched it was 200psf, now subsales around 400psf, so how to explain? what we think impossible now, might be possible in the future)
if talking about future, everything under the sky can sell above 1 mill in the future. so let talk selling after completion. can market absorb the 1 million thing in 2015.

2. 21 acres forest. yes. nice to see, nice to hold. but need to pay for it, no? quit rent, assessment and maintenance? but still think this is advantage lah...(mainatainance RM0.25, this project take 10 years to complete, so at least LnG will mainatain the forest for 10 years, thereafter handover to JMB)
Take 10 years to build??? you sure so long?
Maintenance fees RM0.25 is estimation only, check your DMC, they can make amendments anytime on this fees during JMB. so can increase right?

cons:
2. narrow access - yes. and it also happens to be the ONLY access unless roads linking to DP is opened up.
(If link to DP open up, we need to move this point from cons to pro) - agreed -

3. think late delivery is quite certain. but in recent times, it could be a blessing. you should worry more on non-delivery. LAD only paid up to maximum of 10% of SPA prices if i'm not mistaken
(LnG is the main developer of BSD, they have been developing BSD for more than 20 years - so got track record, BSD is a synonium to their LnG brand name. They have applied to extend the contstruction time to 42 months, so for investors more time buffer. Late delivery doesnt bother investors as it is under DIBS)
I believe you mentioned most ppl here buy for own stay, why mention investor now? As rental for this is
Even Investor need to realise they profit and move else where not being tied down for unneccasary

4. landslide issues. this is definitely a big big area of concern with ever changing climate conditions. (Phase 1 investor/flipper will be safe no matter what, if anything happen, how can LnG sell their following phases? they need to cover their backside, then they need to ensure no landslides) You answer is simply say : ahh, dun worry, the dev will settle the phase 1 owner no landslide during construction to make sure they can sell, but later how?
But if this factor not exist, the price is not 4++psf

9 utama instead. price per sq ft wise, it's cheaper and location wise + freehold status is better right?
(9 utama? u meant the See hoy chan? Build Then Sell concept, pay 10% get loan then can move in already, no room for investor to cari makan, good for own stay lah)
only strong investor can build and sell, and even after completion, there room to grow, if not who will buy sub-sales, unles you say all buyer in this project are flipper

let me throw in the 2 cents too,
price psf is low for this project, just that the built up is too large and therefore push the selling price very high entry.
buying for own stay ok lar, investment may be too high entry yo let go later
Again no project is perfect, we not only look at the flaw but also the opportunity.
I would have got one if the size is smaller --ard 1000sf - 4++K

[quote=cheahcw2003,Jan 9 2012, 03:58 PM]
[quote=kelvin667,Jan 9 2012, 03:32 PM]

RM1mil seems a milestone, at time RM500K condo was a milestone when average condo price was RM250K. And we are talking the year 2015, not tomorrow.
well property boom during this 2-3 years, unless we expect another boom again from 2012 - 2015, i believe it is going to be difficult as we are almost to the peak of ppl affordability now.


No need to guess, in 2-3 weeks time u will know the mainatianance fee officially, when u sign the snp and DMC.
If you read the DMC, Usually the agreed amount is valid for a set period (say one years) - JMB period. After that, when it is passed over to MC, it is likely to be increased by what is merely stated as 'a reasonable amount'. A lot of dispute have arisen from this 'reasonable amount', and the real amt may surface.

You will never have the access to the accurate info on the combination of investors/own stayers in a project. WHat important for an investor is what is the target profit needed and exit plan.
of course no one could as the dev themselves cannot tell, so we can only estimate - since rental yield is out, mid/long term investor is out. And this left back the short term investor/ the goreng kaki and own stay
as the price is 8++k, most goreng kaki also reluctant, moreover with the cool down period now.


What i am trying to say is that for a 10 years project, reputation is very important. So no matter how developer will protect their reputation or else how can they sell their subsequent products?
unlikely to trust this statement except for really well know dev like sime, sunrise, ijm , setia..

I bag to differ, Tan & Tan and YTL are also strong and cash rich, but they never have "BTS" concept. It is more on the company's selling strategy.
so does sub sales offer a lower cap app. investment than under con?

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Added on January 9, 2012, 4:35 pm[quote=kochin,Jan 9 2012, 04:06 PM]
bro,
1. 200 to 400psf. yes definitely possible. 600psf to 800psf also possible. everything is possible. but what are the possibilities of it happening. and when it does materialise, is this the only development worth its price?
2. L&G maintaining for 10 years is from now onwards on on phase 1 completion? if starting now, it's nearly about the same time last phase finish?
3. only IF road is connected to DP. am sure litrak would try to stop this as much as possible. look at the daily collection for this toll. but anything is possible lah.
4. as mentioned, late delivery is pro. only con is non delivery!
5. i think nobody ever wanted landslide lah. but antarabangsa sets things in motion lor. it's another IF.
6. am comparing own stay versus own stay for SHC's 9U vs DF. not investment point of view.

don't get me wrong. am not expressing anything wrong with the project. am just astounded by the response to it. 700k is not small $$$. was surprised by the overwhelming response to it.

projects to compared with, i would reckon glomac damansara should be a good comparison and personally i would take GD. but just my 2 cents.

[/quote]


me too, not to mention anything wrong with this.
like kochin, why almost a million prop ppl BBB like buy vegetables

This post has been edited by kelvin667: Jan 9 2012, 04:35 PM

30% yau mo????? so drastic meh
50%, the whole market also die already