For investors ahhh.. mahsing selling DSL sure 430k minimum one maa.. u definately wanna flip to 700k at least.. factoring RPGT.. stamp duties.. legal fees right.. then of course.. ur profit 150k at least there your new price.. hahaha..

those already admit that traffic is bad... using ktm and smart tunnel still can run away one.. go peak hours work u mostly targeting ppl who wotk in KL right.. it take 1.5 hours assuming traffic is clear.. if rain.. smart tunnrl tutup more iften than not.. car broke down.. special event.. and etc.. it jammer..

so iwners flipprrs here.. let say u want to sell at rm 700k flipped price..

u ask yoursrlf will you buy 700k DSL outskirt KLl loan amount will be 3.5 k per montth for 35 years
if you can buy 700k DSL will u take ktm instead of dtiving
are u ready to face the jam and pay extra petrol and toll which easily cost 600 at least per month
knowing it is malay populated area will chinese buy u targeting them mas.. or you youestlf want to stay...ask yourself.. dat 700k price is targeting who.. government setvant confirmm nono..

think first.. ur situation is same like setia echo hill srmenyih right..

Those ppl lining up for balloting are not genuine one.. making u believe so many ppl lining up.. ah GOT MONEY OSO NOT CONFIRM can buy... RIGHT BO . Once u got 1 unit u tink sure can sell and earn 200k convienced by the agent and developer..

The market is d working class.. how many working class can afford or pass loan.. I will show you later in prop bubbble to service such loan.. dat guy must earn 8k gross at least..

even in kajang TTDI GROOVE 200 units DSL are sold but vacant.. this will another example and end like bukit beruntung.. if you notice.. nearby after the chinesr cemetary.. kota warisan dengkil is nearby.. like dead city no one stay... mb bukit beruntung soon..

MahSing sell 2.5 and 3 storey starting 800k...
450k is too close to Savanna price, doesnt make sense

http://www.theedgeproperty.com/news-a-view...ville-city.html

This post has been edited by twincharger07: Jan 12 2014, 01:22 PM

Sure malaysian suffer the most.. holding it.. for high rise only 380k... and booking fees of rm 1k.. everyting else factor into the lion sum... even stamp duties legal fees all inside.. minimum I guess selling at least 450k for not making any loss... that means..per month to service loan is around 1.8 k.. still can hold.. but longer hold.. bank interest higher more you pay yo bank...

So will government or BNM wont let u die? My answer is no.. but bear in mind young buyers.. the first hand purchaser will not easily die.. servicing loan of 1.8k (assuming interest rate stagnate) can still survive one...
those who does not have holding ability.. exp.. person

1.8k house loan
700 myvi loan
500 petrol
400 house rental
150 insurance
60 road tax
500 food
120 phone plus internet
300 for other contingies repair car.. extra entertainment and etc

all in all 4130 per month..assuming no contingencies save rm300 per month (per year 3600)
that means that guys gross salary would be around 5k salary... hmm manager or senior exec.. low end flippers.. havent include credit card spending ( u guys know lahhh)

so ppl under this salary scheme is going to die.... ppl within this bracket say like isjandar project going to suffer for 40 years.. by then.. your prop after servicing the loan till 40 years would be bout 900k to the bank.. flippers will definately not going to hold for dat long ..

So bottom line is those who buy from them ( which many here are trying to pursuade you to buy now otherwise prop price going to increase..and increase which I agree for new projects coming.. but those existing completed why still want to increase) you will definately lose out and ended up with debt.. in which u be never able to sell.. dat price dat you going to buy fftom these flippers will be around 550k at least taking iskandar in example.. which is a 5 to 10 years price or maybe never reach...

if first hand prop buyrrs with salary of 5k.. suffer diffuculties to service.. you as secondary buyers after being factored RPGT ... stamp duties.. legal fees and expected profit of 150k .. are definately will bancrupt.. AFFORDABILITY issue is bar... ur salary be 9 k gross to be able to service such loans... of course sure got forumers will say to you normally husband wife father mother.. siblings buy together.. no need marry mehh.. ni kids mehh no expenses.. ur main household debts will be to satisfy flippers.. ARE YOU SATISFIED.. let them rot.. government will let them die.

those who are scaring you dat econnomy will go down.. no worry the secondary market will absord it when the price is reasonably sold.. if flippers insist.. let them bancrupt then sapu.. mind you.. at least 50 %flippers are of the situation statex above.. those claiming HOLDING power however has many units in their hand.. so SAME situation..

Buyers.. wait and see...cash load your bullets and wait.. u see ppl bleeding one.. those with holding power may want to know once ur next door is on fire sale u still keep your price?

Your total cost is indeed RM 4530.
So u think this prop is way overpriced. I am sure your statement will make a lot of ppl think carefully before they buy it.
This props probably take 4 years to be completed, so this condo (price range from 320k to 400k) is being sold in future price.
U think there will be a crash, then u cn come in and slaughter those wannable flippers, so nw u stand on the sideline.
But there are also ppls think the market will stagnant, then pushed up by gst implementation. So evryone make their own choice.
Btw, i think savanna is priced at 320k++ and the sales so far consider ok because of
- the whole township concept will add value to the prop
- the direct interchange to PLUS highway
The investors will buy nw. The homebuyer cn choose to buy when all infrastructure in place, of course in a higher price

hei guys, im a goverment servant, and im eligible to get loan from govt up to 280k, my question is, how can i buy any house with this price for instance this southville city that cost 380k plus. soryy nooob question

You need to top up or pay the loan difference.

Actually ur concept same like setia echo hill rawang 2 residence.. 320k plusd so called se4vice apartment.. it only take 3 years to complete.. mandatory.. based on the distance..which u need to fork out tm1k.. petrol toll.. it worth it...after u want to sell how much ? 450k.. hmm top up anothet 40k can get DSL saujana impian kajang nearer now completed ones.. how.. will u buy back the apartment 320k or 340k they told u basic unit right buy back FOR 450K OR 400K URdesired price once infrastructure is done..

Actually i hv problem to understand ur statement. U cn take time to organize them.
3 years or 4 years construction period will be revealed upon s&p signing.
3 years down the road, a 956sf apartment in a township priced 400++k look doable for me. But if exit at this point will be pointless as rpgt and exit cost eat up all ur profit. Comparing to 10+ years house in saujana impian, some ppl prefer a brand new condo comparing to old landed house,isn't it?
Cn i buy 900sf+ apartment in a township with 320k+ right nw? Kindly inform me i there is such oppurtunity, thk you

err.. you mentioned about the shitty jam to KL etc.. saujana impian got better advantage meh?

860k 2.5 storey is definitely not for normal ah gao ah mao.. and targeting affluent group..

when you position your investment, you should know your target market.. you dont invest something like this and aim for TDH earning 3.5k a month..

This is what I think

1) you have very poor product knowledge (let me ask you, how blocks of Savanna is open now, how is the sales performance, next phase landed individual or strata title, how many units, what is the selling point)
2) you dont know what is being sold, what target segment.
3) you think from SV to KL will get Jam but from Saujana impian to KL lesser Jam, but actually do you know where is the actual bottle neck to KL. does majority go to KL and work? kenot PJ or Subang or Shah Alam or Cyberjaya or even Nilai meh...
4) you think everyone think the same like you, buy 400k, flip 700k..

The problem is you think everyone has the same behavior like your thinking but in actual fact you dont know what is being sold, at what price, who are the buyers, what are their background, you even thought it takes 2.5 hours to reach KL from semenyih some more went and take the jam road at saujana impian.. you think the market segment is the same, everyone work in KL..

I think you read too much forum and dont do much ground work.. I think you have never visited any sales office, you didnt visit the actual site, you never tried simulate network connectivity by actually driving yourself from place to place at different hour to understand the road network.. I still cant get it over by your suggestion traveling from semenyih to KL taking Saujana Impian road and took 2.5 hours to reach...

I am not bias towards SV being good or bad investment, but please at least get some facts correct 1st before commenting la...

This post has been edited by twincharger07: Jan 13 2014, 01:24 AM

cheaper and nearer lor.. aiya let the ting collapse.. u know i know what happening soon outskirt prop high end low end middle end u know will be stagnant for sure.. just holding power only..

This post has been edited by bearbearwong: Jan 13 2014, 01:41 AM

Saujana Impian is developed by Lee Brothers.. those houses built during the late 90's early 2000's doesnt have fancy township development, and no proper G&G and so on.. ppl purely buying a house itself..

you cant expect the same expectation when buying houses from SP Setia, Mah Sing, Tropicana, Gamuda etc.. you are not only buying your house, but you are buying into the township and concept.

Lee Brothers are not "tier one" developers.. they are just building decent houses...

SV landed are strata which security and house rules are more stringent to ensure safety and security.. and this comes with a price... different buyers have different priority... some ppl are willing to spend more for security bcos safety is priceless.. you cant assume everyone to be the same, and expecting everyone should get houses built by Lee Brothers...

Again, what are the segment? are they the same?

btw, do you know what is landed strata?

1st, I really dont know so I better dont comment like an expert and predict the future. I rather share facts and info of current development rather than predicting the future..

2nd, I think you really dont know a lot of facts about the current developments, you have not vested, you dont know what is Net and Gross income, So how you expect me to be convinced by your facts..

OH my goodness, I'm have to recompose myself when reading bearbearwong's statement. bearbearwong u may have your point but not every can understand what you are trying to bring it out to us. Are you purposely did it?

Aiyaa u really want to do like this ahh.. but the township concept cost 430k in setia echo hill.. but when flipped as most here it become 750k.. how a township concept originally cost 430k when change hands become 750k.. dude this is flipping business ..I really need to do some copy paste.. btw that forumer say I so poor.. just place me in the poorest list .. I m ok one.. this forum will end up like setia echo hill...

btw the tier of developers wise.. do flippers mostly here care bout it.. they flip everyting MKH.. sp setia.. choontian.. lum chang... tan ming.. ki park group... u guys just in flipping business mere consolidating and launcing personal attack wont help one...

later will reveal how flippers make money just like other areas low tier and high tier developers..

Thought sharing the Edge news of price of Southville Landed, but Twincharger bro ady shared inadvanced. that's fast!

Wow so many arguement over here..
I think every thread is the same, sure got some fun one. lol

I re-emphasize again.. I dont know how the future looks like and how much ecohill will increase..
but at least get your current facts correct..

moreover, you are summarizing you whole theory of flipping, bubble, crash etc, why not open a new thread or use other existing threads..

This thread will end up like EcoHill thread IMHO bcos you started the discussion here and soon there will be 20 to 50 pages in this thread talking about "EcoHill 400k to 750k" and other non useful info to SV..

For the benefit of SV buyers and potential owners, i suggest you bring your topic to new thread or riding on existing ones not to confuse those genuine buyers, flipping through 50 pages listening to your theory but they dont need to bother about your theory bcos they are not flippers.. bare in mind, your audiences are flippers but there are also a lot of genuine owners using this thread..

lets concentrate the core of the SV topic to share on the product info.. exchange views of the development and provide more beneficial information..

You flipping and bubble theory can be any projects, can just open a separate one and discuss about it..

Other info to share:
200+ landed 2.5 storeys tentative 860k per unit
either North-west or South-east facing
Strata title
Developer is making balloting for these landed..
Show unit is almost ready just beside the gallery..

fyi, I am not agent.. sharing is caring ..
Cheers..

hmm dat mean South ville will be highly populated when completed.. well you are right for now.. let see when completion hopefully.. not like bandar mahkota cheras with many yellow tag like below market rate... 700k those tings.. southville except for bandar bukit putra mahkota .. kota warisan is haunted.. u got the feel bo..

but u realise.. that the government steps:

30% RPGT
1 million bar (killing iskandar instantly)
removal of DIBS

the government is keen to do house cleaning right bo.. it must have apply across the board including SV.. the government is serious man look at those cooling measures all of them are cutting less revenue to government.. many ppl will not qualify to buy ( less transaction.. less stamp duties).. 1 million bar ( confirm target singaporean johor projects for who malaysian ? buying 500 k studio with 2 rooms 600sq) government make unpopular decision such as price hik in commodities such as petrol.. rice.. sugar... electric.. GST.. and yada yada.. but all is benefiting (getting more revenue).. the cooling measures reduced many revenues lehh.. maybe the government is serious .. u guys really dun want ponder a while.. and still on BBB mode... u fighting against the flow lehh..

assuming u buy 430k sv flipped for 630k.. earning RM200K.. 60k to government as RPGT once compeleted.. u sure government's intention is to promote flipping business..

for home buyers ( which most are not) dude an outskirt apartment ( 2xx k finish di.. that is a basic unit however u add another 50k.. got 2 parking slots air corn) u know sure familiar one... if you talk to them ended up 3xxk outskirt KL, and apartment (so called service) worth it or not...? even SV themselves used the "KL South" THEME... right they are trying to show how near is it to KL right maa.. well in distance indeed it is reachable .. in 40 minutes.. but on peak hours to oficce concentrated areas (generally market targeted were workers) and to suit the theme " KL south" can you even reach in 1 hours time ? is this some sick jokes of yours still promoting BBB and flipping business when the government is doing otherwise?

This post has been edited by bearbearwong: Jan 14 2014, 12:55 AM

Yap, time to stop spamming.
The thread is for those to share the happiness they found themselves in southville city project.