What the most recent transacted prices for KR1 (small & big units) and at what floor pls?

So basically, KR now subsale transacted at around RM600psf for Type A while Type C transacted at around RM500psf.

How many of the KR1 units have been sold subsale since VP?

RM700 psf for what size unit? Surely cant be for the bigger Type C units right?

And what does she mean by 'received a letter of quotation'?

Is this for an actual subsale or sale of developer units?

Which units were sold?

Yes looks like a quote for valuation fees for a certain price benchmark. No indication that its the actual valuation for the unit plus no indication if this is for the smaller or bigger units.

This post has been edited by cybermaster98: May 21 2015, 08:41 AM

On track for VP as planned?

Big or small units?

Seems that between Nov to Jan this year, the highest recorded price for KR1 was RM625K for a 1,021sf unit on the 8th floor. Or 612psf. But generally, similar sized units were traded between 578-597 psf for the same period.

Not sure about recent transactions though. But if this trend continues or increases, KR2 should see prices >600psf.

This post has been edited by cybermaster98: May 25 2015, 10:19 AM

Why is it still 'estimated indicative value'? The documents can be signed in advance but funds released after CF right? So why is it still 'indicative'? Also, where is the actual valuation reports if its indeed so? All the documents provided by your so far are quotations. So far we haven't seen any confirmed docs. Anybody can quote but whether it becomes final is what matters.

Could you provide some clarity?

This post has been edited by cybermaster98: May 29 2015, 08:39 PM

If there are actual loan offer letters from the banks based on this valuation report, then I guess it would be true. But refinancing is basically getting a bigger loan. Its the actual subsale prices which matter at the end of the day. Its not gonna be easy for buyers to undertake a 800K loan amount in Bukit Jalil. That's a monthly repayment of RM4K a month for 30 years.

And with the new refinancing curbs by Bank Negara, its pointless even refinancing to take out money.

This post has been edited by cybermaster98: May 30 2015, 12:04 AM

But what im curious about is what would anybody wanna refinance with the present rules against refinancing introduced by BNM last year? The legal costs for refinancing isn't worth the small savings from a better interest rate especially for those intending to hold on to their units for <10 years.

I got the request for payment RM820 for each of my units for TNB I think. But my question is:

1) Why is it so expensive for this installation?
2) Why is the unit number stated in the address different from my booking unit?

So the new unit numbers will take precedence?

Good that Bukit Jalil City / Pavilion Bukit Jalil launched last week. This should add more value to KR2.

Yes but as long as both Pavilion 2 and Paradigm 2 are being constructed, it will automatically add value. Plus we will have our Awan Besar operational by then.

Hows subsales for KR1 so far? Any latest transactions for big units?

Yes I passed by last Sat and the paintwork looks better than previously. But need to get a up close view to know whether any dilution of paint has happened. If so, then this good effect wont last for sure.

Same problem here. I had a 8 before this. Now became 7.

What kind of rentals can I expect for a 1457sf unit mid floor?

Hows the internal quality? Fittings? Workmanship?

Good for developer but not good for us. If they rush, finishing quality will be affected. Plus, we want the LRT to be operational before we get VP. That would ensure slightly better chances of getting decent rental and capital appreciation. It will also ensure the construction debris in front of the condo is cleared.