Depend how you look at this. Btw this is developer pricing strategy and not really a so-called market price. Although, in ideal situation, the developer price would be relfecting the market price, but many times, we found that developers are pricing their property marginally higher.
Back to this, if you question about price increase over the past 7 month, let me ask these questions:
1. What has change in Alam impian that could result in price increase (for the past 7 months)?
2. Has the material cost increase that much over the past 7 month?
3. Are there some new plan or external factor that cause the price increase ?
4. What are the fundamental of the price point?
5. What are the prices of the surrounding area ? How about new launches and their respective price?
In fact, we have to realize that in the pastm price increase is not only due to land price or material cost (or should i say the material cost increase is contributing relatively less), but also some element of speculation or assumption as well as profit taking (maximizing gain by developer). Sometimes, we see price increase of 50k-100k within the first launch and subsequent launch, but to me, this is mainly due to developer maximizing profit.
As for AI, there need to be a pull factor for people to move or purchase into this township. As of now, because it doenst have much pull factors or rather I should say that the pull factor is already overshadowed by the latest prices. So, peolpe would be making a choice if they will move to AI or move to other area which already fully developped (for convenience). Previously, people buying into AI because of so-called bigger house, relatively more affordable price, nicer design, etc. But, when the price has reach such point, it needs other aspect of the development to be more appealling to people....if not, dont expect price increase like the past 2 years.
Agree with you...developers of AI should have started to build amenities to pull the buyers...what I see now..for malays I&P has started to build the mosque near the AI entrance on the left...and the only row of shops (nine units) near the Canting link house maybe will be ready on April or May....TTDI Alam Impian should already start constructing two more lanes going into their township and put more lights on at night along the roads...many people complaining to far inside and too dark at night..so need to do something to brush away this mindset..
.Maybe can also start building the Clubhouse that they promised before? That's a major turn on for me