Renters will b laughing soon, coz too many owners fighting for these group of people.

Anyone with latest progress photo to share. Long never been there.. Thks in advance

I pity those who paid premium for Jagung view...a few years later become condo view (if their unit aint high enough).....

haha. funny right? Luckily i bought lauya view. the lowest floor. kakak.

but to be honest i am worried about oversupply here. if nobody wanna stay during the early stage, i will can convert into love hotel. charge per hour. anybody wanna have love, let me know. pm me.

This post has been edited by AMINT: Nov 18 2013, 01:35 PM

Tak haram ke?

What if love hotel rooms also over supply?

Like that also can ? Then mine probably can common higher hourly rate, very high floor, Genting view, corner somemore.

Hi everyone...im newbies here..need input from all TAIKO here...
I have booked elements in early oct2013..825psf 2 bedder facing the lake @rm797psf for investment. Mybank loan approved n neef to pay around rm3300 monthly instlmt. NOW im havin 2nd thought since the cooling measures annouced in recent budget. AND land n general nmayland annouced last week they acquired the land adjoining TO ELEMENTS to build 4 blocks service condo(not sure fhold or lease hold). I foresee it wl b tough to get a tenant since there wl b more supply at the area..mcity arte n new condo by lng mayland. If I cancel my purchase...I will get back my booking refund minus rm600.
Need advice from TAIKO HERE..should I proceed or NOT?...THANK YOU

You are the super super late bird that bought increased price that helped the early early bird make money. What do you think?

Got holding power?

If anyone can give you a clear and certain answer to your question, we will all no need to work already lor....

For this project, no matter how early was their purchased date, the increase was really mild. If you're buy it for flip, then chances is little. If you're buy it for long run, then the winning is at your side. Prime area with freehold title is really hard to find like this one. L&G new project is a leasehold project. If you had done your homework, you must knew most of this project's unit was 1 bed or studio. 2 bedrooms & up are minority, so your competition is actually less compared to small unit. Let say your holding cost is RM3600 (loan+mtn fee), you rent it out at 2500, then your holding cost or I call it opportunity cost is only RM1100 per month. With this rental tag, people will surely run to you, you can also burn those so call early early birds buyers. After few years time, with GST, subsidies cuts, inflation surely shoot to the sky (you must have faith on Ah Jib kor), your unit will easily pass the million mark, those same size units at M-City already achieved it. Property is alway the best tool to hedge against inflation. If I were you, I will quickly sign it with a smile and have sweet dream every night. If you're worry so much, then push it off, then put your monies in bank, then inflation will act as a rat, eating out your buying power quickly. Got any project that claim to be risk free or sure win? If got, please let me know.

With this price tag, maybe you can consider another location compared to the over-supply Jalan Ampang?

Nothing is certain. Who knows, maybe 10 years later, elements can fetch rm1200psft. u will never knows

Actually your price is quite good considering the time you bought your unit.
Is it high floor? You should hold why sell?

I think not much price increase compare with early launch and now.

Its lower floor...


This post has been edited by lily1310: Nov 28 2013, 07:48 PM