i thought First 100 buyers get 5 % discount.. Than another 7 % discount on downpayment? based on the 3 % booking thingy...

This post has been edited by seanooi880327: May 4 2012, 09:12 AM

5% discount, 3% booking, I supposed buyers need to pay additional 2 % at S&P time, that will be how the calculation works ?

got the confirm floorplan.. majority are big size, suitable for family staying..
smaller size units is maybe 1/3 of the total 238 units..

i guess by now, smaller units are all internally taken...

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Added on May 4, 2012, 9:14 amthat is investor's wet dream only...

3% booking, 2% pay upon snp...

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Added on May 4, 2012, 9:17 amother not so good news for those who wan smaller unit, forest facing only bigger units n small portion of medium units..

small units all faing north

This post has been edited by twincharger07: May 4 2012, 09:17 AM

So 1,162sqt x RM450psf = RM522,900 - 5% discount = RM496,755

3% Booking = RM14,906
2% Pay upon SPA = RM9935

Correct me if wrong.

Your above calculation is based on after discount price which means have to get loan of 95% of the discounted price.

based on info from agent and booking method in KR2,
522,900 (10%) = 52,290
15,687 (3% booking), 10,458 (2% upon SNP), 26145 (5% discount)

loan (90% of before discounted price)= 470,610

Seems i got the wrong expectation of having less big size units and medium units. Its small size units too limited now and facing North.

Facing North is still a good view for Tower B. North equals to Pool view and can sighted Main Entrance, BK n Kinrara Golf. Lol.

I think the 1162 sq ft is very buyable. Limited units of 238 units consider very exclusive. Hence, the holding power is controlable much more easily. The pricing is equal to TZ pricing though this is far from LRT but with the freebies, density and greenery concept, it would be the most demanded now and after VP.

Possible that internal booking all before release to public...for smallest units... sigh..

Opps.. You r right.

Seems all the better view are given to Tower 1 which consist of majority big units.
Tower 1 forest view all 1500 sqft, swiming pool view 50% 1500sqft, 50% 1300+ sqft

Tower 2 forest facing all 1300-1400 sqft, north (empty land facing) 1100-1200sqft

in total, (I am just taking layout as a summary, of cos all units are still subject to private garden and additional balcony)

Penthouse ~ 2%
type A (big unit) ~ 37%
type B,D (medium unit) ~ 35.5%
type C,E (small unit) ~ 25.5%

actually smaller units without fancy private garden and additional balcony only hav 41 units (~17%).. the remaining 8.5% small units either come with additional balcony or private garden which boost the additional build up up to 1300sqft, which I think most ppl would want to avoid..

its a totally different ball game compared to KR1 n KR2.. I dun foresee it will be an aggressive BBB mode, i might be wrong..

This post has been edited by twincharger07: May 4 2012, 02:25 PM

Thx for the info. U all went to sales office ?

Wahh.
Tower A has 6 units of Type A ( 1543 sq ft ) and 2 units of Type B/D ( 1,2xx sq ft ) - Same like KR2's Tower 3.

Tower B has 4 units facing forest, 1300-1400 units only ( Dunno what type ) and facing North ( 1162-12xx sq )

Means this is aim for bigger size development and much higher end then. So the story becomes much different.

No doubt, in my opinion, Tower A the 4 units facing Pool/North is the best. While facing forest, I much prefer Tower B which has distance from forest. Anyhow, the 4th unit ( fr left acc to masterplan ) for both Tower A and B facing forest, those double lanai units ( high floors ) are still benefit for double view.

Small units only facing north means facing an empty land? Any idea what is potential land for future development or ...

With this masterplan, seems like another mini Zefer or Duet in the making. I doubt the 1543 sq ft units would be sold out easily. The price point of RM 660k onwards after 5% discount is quite hard to swallow. The monthly installment + monthly maintenance fee is equals to the amount they pay for a 90% loan of RM 760k BK DSTH.

The mentality of this RR become a higher price range point, which estimated ave at RM 600k. Thus, the limited units of 1162 sq ft, had even less competition and affordable price point of RM 500k, which is just slighltly higher than TZ. Moreover, the additional units of Type A, sounds like 40% of the development brings much more affluent owners to the condo.

I guess it wont be a BBB project. I forecast 40% take up rate only within a week of opening.

It creates an illussion for prospect such as KR2 Type C 1457 sq ft against RR Type A 1543 sq ft.
- A 600k (KR2 entry) against a 660k (RR entry) price point is huge.
- the extra 86 sq ft is not necessary for a 1450-1550 ish sq ft unit
- unless the 86 sq ft is throw into the middlerooms of RR unit ( but as i had seen, it did not )
- Anyhow, for Own Stay, RR still owning due to Greenery, quiet, less hectic, Freehold and Low Dense ( If u willing to pay an over 660k onwards for a condo in BK area )

M2C.

confirmed price at 450/sqf? and soft launch only start by 26th, not 25th?

Was told by SA that soft preview at 26th May 2012 ( unless RR Showroom unable to rush up ) and pricing is confirmed with estimated RM 450/psf before discount ...


Buy buy buy?

Small units of 1162 sure gone up ... the prices look greatly fair, if not cheap ...

Type 1543 sq feet, would be remain a question. RM 695k onwards before 5% discount, the price point is quite huge for Puchong/Kinrara new launches buyer to swallow ... Just look at Zefer Hill and Duet Residence ...

Is the site beside the existing Sierra Residence?

not exactly beside, sierra would be located at its 2 I clock location

Imho the sales would not be as gd as expected as some pointed out. Whats the size of the smallest units?

Smallest 1162 sq ft.

Imho the sales would not be as good as expected earlier. However, the units of 1162 and 12xx sq ft sure sapu easily. For 1543 sq ft unit, i expect 30% take up rate.

hi bro chris, im wondering why all taikor now say the take up wont be as expected? bcoz i remember u all discussed last time that if 450psf and below is a value buy? now the psf price din increase but suddenly all say take up not as expected d de?

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Added on May 4, 2012, 10:24 pmhi bro chris, im wondering why all taikor now say the take up wont be as expected? bcoz i remember u all discussed last time that if 450psf and below is a value buy? now the psf price din increase but suddenly all say take up not as expected d de?

This post has been edited by gatsby12: May 4 2012, 10:24 PM

Sales is not going to be as simple as just based on psf.

If it is only psf, Zefer would be already fully sold.

we are just estimating. Lol.

previously, we tot the allocation units for smaller units ( as per I property ) was 1103 and 1172 sq ft and according to their KR2 structure, Smallest unit was 50%, Medium unit was 25% and large unit also 25%. Now, was told the smallest size was 1162 sq ft ( the only 11xx size ) so with this allocation like KR2, the small units are very buy able and the stickers of it very crucial for people to sticker the medium units, 75% gone, looks excellent.

Now, actual allocation was quite equal and small units allocation were quite little where the facing of North isn't excellent view( as expected anyway ) the small units would still a buy able unit with its 500k price point , which i deem it cheap since it is just slightly a bit higher than demanded hot zest.

The allocation of 1543 sq ft units would be take time to consider. Prolly it was due to the profile of this type was equal to KR2 Type C 1457 sq ft. Like I said, the additional of 86 sq ft is unnecessary for the size of 1457 sq ft and the addition goes to living hall and a bit on dining hall. Bedroom 1 and 2 remains small. Hence the price point of RR Type A is much higher than KR2 Type C.

zefer and duet had shown that bigger units are hard to swallow due to its price point, not only affordable price per sq ft. It does affect a lot bro.