marketing strategy..standard la... :

seem like you care for this property. got invest issit?


i used to study for this project (studio) before. Here are some simple pros and cons from my personal analysis (no shooting please, im newbie)

Pros
- location wise still okay
- easily access to lebuhraya bukit jalil
- 8 minute drive to bukit jalil lrt
- shopping mall so can get a cab easily, makan also easy, buy groceries also easy (duno got cinema or not)
- technology park just right beside with walking pedestrian into it
- rental demand should be there (meaning got people wanted to rent at the place)
- 1% downpayment, stamp duty and disbursement fee NOT FREE (becareful: although pay 1% only, also have to pay for stamp duty and disbursement fee which is around RM3k - RM4k for studio)
- within 3km radius from rumour of pavillion 2, berjaya mixed development and jalil city (jalil city is a business park. connect by the same bukit jalil highway)
- freehold
- 2acre land on the west is reserve land (cannot build anything there but the land is not so big only)

Cons
- 650sf studio selling at RM610 psf (VERY VERY VERY EXPENSIVE when take consideration of the background of developer. Poor maintenance for kepong central and desa compleks at kepong. first time build luxury high rise property. like others said: head not that big but wan to wear big hat)
- IF pavillion 2, berjaya mixed development and jalil city selling at RM700psf and below then this project going to face hard time finish selling it
- possible delaying of project based on past history
- half of the studio facing WEST so get ready of the heat!
- studio rental rate is not there (have to rent out RM2.5k to cover loan and maintenance. and my estimation for rental is around RM1.5k - RM1.8k only)
- there are 2 condo right beside (villa pavillion and the sanderson). direct competitor is the sanderson which have lower density and very near to the shopping mall.
- maintenance fee is 33cent but very few facility provided. really cannot understand how they charge so much for such facilities.

Conclusion:
Investment wise = CONFIRM there are much more better opportunity else
Own-stay = still okay especially for younger that do not have much saving. can get a house with less than RM8k Joint income RM5k should be okay to own this studio and pray for its completion.

This post has been edited by SpeechLess11: Aug 2 2013, 05:52 PM

there are several new launch that required 1% also....

good luck to you anyway! hopefully the project can deliver on time

something important i forgot to mention is that, CityOfGreen is price among the HIGHEST per square feet with LESSER facilities with EXPENSIVE maintenance fee. nothing attractive about the facilities but their maintenance fee is 33cent. really cannot understand that.

also, the price per square feet is almost same with branded developer like berjaya. hua yang (reliable developer) one south which nearby CityOfGreen selling even cheaper!