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Investment Window On The Park, By Selangor Dredging Berhad

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Chris Chew
post Jul 18 2012, 09:27 AM

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QUOTE(Soventol @ Jul 6 2012, 01:37 PM)
I got the information too that expected (not finalized) selling price is starting from RM850K for 1648sf onwards..it's a high end development...
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Its roughly about RM 500 psf, super expensive...


Chris Chew
post Jul 24 2012, 02:41 PM

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The facade and development looks very good, but pricing, hmm, not cheap given it's location ...

Can this kind of the development able to make a hit and well demand in such area?


Chris Chew
post Aug 5 2012, 01:32 AM

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Wow. RM 800k for 1600 sq ft ....

For own stay, at this price point and size of 1600 sq ft sure nice to stay but seems not cheap ....

RM 500 psf even with DIBS consider quite high. Somemore the RM 800k price point tagging.

Anyhow, soon, in 5 years time, almost everyone in KV only afford condo n no longer landed prop.


Chris Chew
post Aug 5 2012, 02:04 AM

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QUOTE(ceveori @ Aug 5 2012, 01:54 AM)
But nowadays lot of condo more expensive than landed  hmm.gif
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I agree with but let me echo a bit, hehe, probably, most buyers rather buy expensive new condo than landed bcz of easy and lower entry compare to DSTH.

Most exp condos now are new while not much new DSTH around ... Majority sell above RM 600k++ without any good freebies, hence the entry is harder.. Not to mention old DSTH ...

I found new buyers are prefer new prop rather than affordable old DSTH.



Chris Chew
post Sep 1 2012, 03:19 AM

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QUOTE(ameliorate @ Sep 1 2012, 12:50 AM)
Only block C is almost sold out I believe. All the big units >1 million. SDB is overly ambitious given the location.
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My goodness, big units with > 1mil ...



Chris Chew
post Sep 16 2012, 11:42 PM

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QUOTE(Helius @ Sep 16 2012, 10:57 PM)
Pantai dalam at bangsar south... 5 min to midvalley...

550psf, judge urself... Potentially great investment return in next 5 yrs...

Developer confirm at least 30% appreciation after VP... Plus point, even IJM invested 30 ache land next to saville@ the park, bangsar south.... Master plan IJM is to build superlink and villas township....IJM proposed to sell at least 700psf for the only condos next to saville@ the park, bangsar south...

Non bumi lot less than 30% left with developer...
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RM 550 psf for MKJ is not low, probably maybe UOA or perhaps match the price.

Thre are room for appreciation if this area can be booming into coming years, but the margin is just a question. If market can sustain in next 3-4 years, not only WOTP or Saville, any new launches would also make reap profit.

But for a developer to say confirm 30% profit upin VP, it is just a mere selling tool. Nobody can guarantee at least 30% profit in future.

Moreover, since IJM is coming on the next land, its great to boost the Bangsar South/Pantai Dalam vicnitu but also u have to put this way, IJM will creates an competition to increase more supply too.



Chris Chew
post Oct 17 2012, 12:14 PM

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Wow. Maintenance fee so high and only gives tandem parking which also charging anor high maintenance fee. It was a joke man.

RM 0.25 / sf + 10% sinking is understandable if the fund really use wisely and superly maintain the condo ( Given such sizes and high price tag ). But to buy at this price tag at such address and given tandem parking which charges anor high maintenance was really really pain.

A 1600 sq ft with 3 parking cost u RM 440 + RM 105 = RM 545 per month. It was average RM 0.34 per sq ft with tandem parking and not at strong marketability factor location.

Really wish to see WOTP completed and see what quality and maintenance they can provide.

Chris Chew
post Dec 31 2012, 05:02 PM

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QUOTE(WilberSc @ Dec 31 2012, 03:56 PM)
Depends on what car park package u took.

RM 13,000 - 2 side by side car park, but one located at Block A (default) another one located at Block C (additional parking lot that you purchased).
RM 18,000 - 2 tandem car park, but located at Block C.

This is the car park plan i saw in my SNP. For more details and accurate info, better check with developer sales person. smile.gif
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Seems SDB is pushing u guys to choose one of both bad ideas.

Even with 2 side by side, it would be very troublesome compare to Tandem esp for young couple, bcz both lots are separated away by blocks and not even by levels.

Furthermore, this is quite high pricing. If to get Tandem, one may feel, difficulty if timing of both cars in out are different.

Bad allocation made by SDB on this.

Chris Chew
post Jan 17 2013, 02:12 AM

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QUOTE(ceveori @ Jan 17 2013, 01:54 AM)
So long haven't sold out  unsure.gif
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The market had been soften for the last quarter and expected to remain until CNY.

Any project with this kinna pricing, I think needs time to declare sold out. I feel if sales breach 80% is consider good dy.

Chris Chew
post Jan 17 2013, 02:45 AM

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QUOTE(Nikmon @ Jan 17 2013, 02:25 AM)
why all project sold around 80% after few months from launch, why not above 90 or below 70%.  all stuck a 80++%.

like skypod also same, after 1 or 2 months launching,  70-80% sold, now after almost 1 year already, still stuck at 80% sold. 

all developer use the same strategy?? 8 is their lucky number.  haha
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Not all lah bro. If u notice, even some stuck at below 50% or 70%. And, the launch of each product, also depending on the low entry / booking, convenience booking of 3-5% using CC as installment plan and timing, couple with developer's strategy of open the block by phases and stickers game.

With the high pricing and the number new launches everywhere, buyers definitely have the power to look further and typical Malaysians, once the going fast, the own urging decision to buy first due to "book first and cancel later" mode and some are comparing & waiting mode since plenty of units available and going slow, and subsequently will jump to fresher project and forget the previous choice.

The actual sales should be based on booking fee paid, loan / financing secure and pending S&P signing. Many projects sales chart are not the actual answer where for most, the sticker was placed to favourable sizes and view units which released later and some, deposit refunded but the sticker was still there.


Chris Chew
post Feb 15 2013, 05:00 PM

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QUOTE(crystal_kit85 @ Feb 15 2013, 12:59 AM)
916sqf at RM650K. I had the thought of creating a FB page for WOTP owners but is bit premature. The FB page would dose off even before the construction is completed 3 years from now. It would be better to start with it once the foundation is all done and we can update it with pictures on a weekly basis.

The unit purchased is for my own stay rather than investment as this is my first property and I'm about to start a family.
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Wahh. RM 650k for 916 sf and 3 car parks including tandem? Its RM 709 psf .... What is the discount?

I think is WOTP probably the most expensive condo offerring tandem parking?


Chris Chew
post Feb 16 2013, 01:24 PM

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QUOTE(rontan_83 @ Feb 16 2013, 11:56 AM)
My relatives just book one unit 916sqft on yesterday... 680k b4 discount...
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Wahhh RM 742 psf bfore discount?

How much discount? 10%?

Chris Chew
post Feb 16 2013, 01:58 PM

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Is that price increased for WOTP?

Feel like the price now was so high compare to previous.


 

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