Ask baNaNa la. He is eating satay drinkin baNaNa juice there now.

Calling baNaNa!

Most of the mega project Tag price above 2kpsf, probably thy wanna take advantage of the 4 year construction period to max the profit.

Assume they break tower3 into 3 phase. Total 418 units 139 units per phase.

avg increase price for the coming phase 350psf

350psf x avg size 600sf unit =210,000 per unit

250 unit X RM210,000 = RM52,500,000

GL easily can make extra 52mil from Robertzai

Greedy

Strategy can work or not? How is the sales? Price so high, got buyer?

Oversea developer is even more greedy

Greed is fed by greater greed

This post has been edited by proplens: Oct 19 2014, 11:30 PM

GL is cash rich so I think they don't mind if the take up rate is slow, in fact see no hurry for them to sell. They must have regretted selling too fast for phase 1.

This post has been edited by bb68: Oct 20 2014, 12:41 AM

What about the MALL and shops? Any news? The mall should be completed much earlier than the apartment.

We shouldn't jump into conclusion too soon. Now they just launched first phase. I guess nobody knows the price for phase 2, 3 & 4. Maybe there won't be any increment at all & only 2k or 2.5k increment per floor. I said maybe only lah.

The absolute figures may vary, but the principle of maximizing profitability is there.

Developers hold units and selling properties at different time with increased pricing.

Developers playing the game all the time. Not just GL.

From developer point of view, selling too well is definitely very undesirable.

Gamudaland KL city project
The robertson phase 3 ? RM2,000 psft.

What project is this? From where you got this article?

Ok. Saw that in the edge today.

any update for the sales?

May I know what exactly the deferred payment scheme meant?

Is it we can pay the loan in more way?
I do came across few developments applying such scheme but still have no any idea on it..


This post has been edited by joeman814: Oct 27 2014, 10:00 PM

This one you gotta ask rongfu & tmdsad.

It means you can pay your down payment in installments (maybe 1 year or 1 year plus) then after that only you'll start paying interest to the bank. For The Robertson's case, we only start paying interest to the bank around 1.5 years after we signed SPA. Hope it helps you.

Some new pictures from the website http://gamudaland.com.my/therobertson/gallery/images/







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This post has been edited by KaFai: Oct 28 2014, 07:23 PM


Attached thumbnail(s)

Sweet ...