alright bro.. because most of us had commented in City Of Green thread before.. (comments on pros and cons)
I think Chris kor had given fair comments between KR2 and COG
having 700k, I would have get a covillea golf course facing, near LRT.. at least can get 129x sqft unit.. or even KM1 West (dunno got anything left)
If you dare to predict, I am expecting more projects coming in BJ for 500-600psft .. thats around 700k +- for a 1200 sqft unit..
IMHO, COG abit over-rated for its location... If die die must choose, I would have taken Sanderson which subsale cheaper (if you want the same location).. or for the same price, I would go for Covillea, Savanna or new G-residence in OUG (I heard around 500psft)..
160 unsold units left I am not surprise.. this is Bukit Serdang area... very exaggerated marketing material (Triffany & Co? good ROI? how much do you expect to rent out for a 700k unit?)
The only selling point they have (in my opinion) is only the "low entry cost", nothing else.. because:
1) price wise, there are better condos around with cheaper price tag
2) access wise, there are other condos with better highway and LRT access
3) commercial wise, BJ will have to major commercial area, One Jalil City and WCT mall over in Oug.. thus dont really need a small mall under the my apartment... and for malls, usually bigger malls do better than smaller ones .. COG only having small build up for its small..unless developer are able to pull in good tenant mix.. (either as successful as empire subang, or crippled like 1shamelin).. Not forgetting COG mall has no clear visibility from main road, hidden behind TPM with no direct access..
take my view a pinch of salt... the rest is still based on your research and findings..
cheers..
Some of the people who have entered COG are coming with flipping in mind.
If they managed to flip after VP, fine, they make it ! But if can't make it, then they might face negative cash flow for a long time to come.