QUOTE(noiseemunkee @ Jun 30 2015, 07:55 AM)
Thats quite an offer. 1 mill for 1600sqft condo in untested market in bk.ur fren want to stay? Infact i dint see much adverts for biggies online so far.
secondary buyer who willing to go that high for condo in bk may be not much. Even harder if substandard finishing.
Kr2 area i think competition just going to get stiffer for rental market. If finishing again not impressive, rental and subsale price will lag behind z res.kr2 price will be limited by kr1 if the characteristics more less the same.
He could be own stay but his friends, majority smaller size wanna flip later. secondary buyer who willing to go that high for condo in bk may be not much. Even harder if substandard finishing.
Kr2 area i think competition just going to get stiffer for rental market. If finishing again not impressive, rental and subsale price will lag behind z res.kr2 price will be limited by kr1 if the characteristics more less the same.
Kinda true, the competition is just going to be more stiffer day by day although some KR1 and ZR frens disagree with me. They still mentioned rental is good but subsales could be slower for ZR due to more units and its entry price for late buyers.
KR2 price will be limited by KR1 if KR1 owners willing to flip at lower price than transacted price of RM 650k, 680-700k and 700-730k subsequent sizes of 1050, 1267 & 1454 sq ft. All these were damm good price and even match ZR's subsale prices. I not sure the density plays a role here but I dont feel so.
Or else, KR2 will be end up like ZR, the entry price of RM 320 psf to RM 480 psf ( KR1 and KR 2 pricing then) and most of the subsales done lucratively on Block A instead of Block D where some are suffering the neighbours low asking price to stagnant it.
With the rental, I keep believing there is a capping everywhere, as tenants have more and more choices but if they insists on location and with LRT, the choices only left ZR, KR1 & 2 for its budget range.
I wont be overwhelming with the rental game although this is crucial for long term game. For KR2, I rather care on my COCR.
Jun 30 2015, 12:38 PM

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