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 Tropicana Gardens, Kota Damansara, • The Brighter Side Of Life •

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xander
post Mar 8 2013, 01:55 PM

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i heard we each person is only limited to 2 units?

will go this evening.

yeah smile.gif

just for the free food of cuz

this project is too much of a risk to take at least for me


klee123
post Mar 8 2013, 03:31 PM

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QUOTE(xander @ Mar 8 2013, 01:55 PM)
i heard we each person is only limited to 2 units?

will go this evening.

yeah smile.gif

just for the free food of cuz

this project is too much of a risk to take at least for me
*
Can you share what are these risks?
Ero-Sennin
post Mar 8 2013, 03:42 PM

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I got few pm by fellow forumers about the investment potential in this development...now not free, later when I'm free I'll list out the potential of this development...in my point of view, this phase 2 is still BBB mode.

I've done up a lots of research before purchase phase 1 of this development. So if you wanna know whether this phase whether be BBB mode or not. Simple...just come and see the crowds who interested to buy tomorrow and on Sunday.
xander
post Mar 8 2013, 03:58 PM

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QUOTE(klee123 @ Mar 8 2013, 03:31 PM)
Can you share what are these risks?
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is quite simple for me

i dont have enuff cash to play wif all the big players

smile.gif
klee123
post Mar 8 2013, 04:18 PM

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QUOTE(Ero-Sennin @ Mar 8 2013, 03:42 PM)
I got few pm by fellow forumers about the investment potential in this development...now not free, later when I'm free I'll list out the potential of this development...in my point of view, this phase 2 is still BBB mode.

I've done up a lots of research before purchase phase 1 of this development. So if you wanna know whether this phase whether be BBB mode or not. Simple...just come and see the crowds who interested to buy tomorrow and on Sunday.
*
Thanks, looking forward to your thoughts. What was the unit size you purchased? Looks like you have already gained some profit rclxms.gif
cybermaster98
post Mar 8 2013, 05:19 PM

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QUOTE(Ero-Sennin @ Mar 8 2013, 03:42 PM)
I got few pm by fellow forumers about the investment potential in this development...now not free, later when I'm free I'll list out the potential of this development...in my point of view, this phase 2 is still BBB mode.

I've done up a lots of research before purchase phase 1 of this development. So if you wanna know whether this phase whether be BBB mode or not. Simple...just come and see the crowds who interested to buy tomorrow and on Sunday.
Good sales during launch is never a yardstick of the long term success of the development and guaranteed capital returns in future. Its just shows the success by the developer in clearing their stock now. Most ppl now are in BBB mode because they assume that their property will appreciate in the future the same way the property market has appreciated since 2009. The same thing is happening in China and Canada where the property market is starting to drop. The warning signs are all there for Malaysia's property market and everything is pointing towards a slump in 2015/2016. This is why i think developers are rushing to build and sell now before that 2015/2016 period.

Im also an investor but i would always advice prudence. Gauging the success of a development purely by initial take up rate is not wise at all. If the property ure investing in is setting a new benchmark price or close to the benchmark price for that area, then its dangerous. Room for capital appreciation will be limited and you would be the first to be hit in the event of a property market slump. Always buy within your means and ensure you have the holding power in case the property doesnt appreciate as expected and you are unable to rent out.

http://www.wealthwire.com/news/global/4599

http://www.forbes.com/sites/gordonchang/20...fore-the-crash/


cybermaster98
post Mar 8 2013, 05:21 PM

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QUOTE(klee123 @ Mar 8 2013, 04:18 PM)
Thanks, looking forward to your thoughts. What was the unit size you purchased? Looks like you have already gained some profit rclxms.gif
Paper profit must translate into actual profit to be considered a profit. This can only happen upon sale.
Glees
post Mar 8 2013, 06:19 PM

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QUOTE(cybermaster98 @ Mar 8 2013, 03:19 AM)
Good sales during launch is never a yardstick of the long term success of the development and guaranteed capital returns in future. Its just shows the success by the developer in clearing their stock now. Most ppl now are in BBB mode because they assume that their property will appreciate in the future the same way the property market has appreciated since 2009. The same thing is happening in China and Canada where the property market is starting to drop. The warning signs are all there for Malaysia's property market and everything is pointing towards a slump in 2015/2016. This is why i think developers are rushing to build and sell now before that 2015/2016 period.

Im also an investor but i would always advice prudence. Gauging the success of a development purely by initial take up rate is not wise at all. If the property ure investing in is setting a new benchmark price or close to the benchmark price for that area, then its dangerous. Room for capital appreciation will be limited and you would be the first to be hit in the event of a property market slump. Always buy within your means and ensure you have the holding power in case the property doesnt appreciate as expected and you are unable to rent out.

http://www.wealthwire.com/news/global/4599

http://www.forbes.com/sites/gordonchang/20...fore-the-crash/
*
Totally agree with sifu cybermaster98's view.. nod.gif
Dangerous! shakehead.gif
swiss228
post Mar 8 2013, 06:36 PM

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QUOTE(Glees @ Mar 8 2013, 06:19 PM)
Totally agree with sifu cybermaster98's view..  nod.gif
Dangerous!  shakehead.gif
*
Yup, I totally agree with cybermaster98's view. But, Glees, please don't read too much of Gordon Chang! This perma-bear on China has been proven wrong umpteen times about the collapse of China. He has no credibility and yet the Western press gives me unnecessary visibility. He is an embarassment.
Asgaard
post Mar 8 2013, 06:54 PM

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Premium pricing....
massivheadwound
post Mar 8 2013, 06:57 PM

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Anyone there now at preview?
kevkit
post Mar 8 2013, 07:40 PM

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QUOTE(massivheadwound @ Mar 8 2013, 06:57 PM)
Anyone there now at preview?
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1100psf.. sweat.gif
xander
post Mar 8 2013, 07:52 PM

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satay is yummy yummyyy

QUOTE(cybermaster98 @ Mar 8 2013, 05:21 PM)
Paper profit must translate into actual profit to be considered a profit. This can only happen upon sale.
*
agree. most scary scenario got value no demand = meaningless

This post has been edited by xander: Mar 8 2013, 07:56 PM
superpigchan
post Mar 8 2013, 07:55 PM

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A lot of ppl? BBB ?
kevkit
post Mar 8 2013, 07:58 PM

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QUOTE(superpigchan @ Mar 8 2013, 07:55 PM)
A lot of ppl? BBB ?
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tonight is briefing only. members/vvip still have to come tomorrow and queue in line early morning.
CMW123
post Mar 8 2013, 08:20 PM

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Thousand of people, 50 tables all full, got wine sushi

But at RM1100 psf for studio the purchasers are really paying for my free dinner
swiss228
post Mar 8 2013, 08:34 PM

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QUOTE(CMW123 @ Mar 8 2013, 08:20 PM)
Thousand of people, 50 tables all full, got wine sushi

But at RM1100 psf for studio the purchasers are really paying for my free dinner
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Haha. Good observation!
xander
post Mar 8 2013, 09:01 PM

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QUOTE(CMW123 @ Mar 8 2013, 08:20 PM)
Thousand of people, 50 tables all full, got wine sushi

But at RM1100 psf for studio the purchasers are really paying for my free dinner
*
lol agree

eating as mush as possible

the chinamen in me is coming out
ibwo
post Mar 8 2013, 09:46 PM

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i rather top up a little more psf and buy klcc area. At this price and at that location - jam every morning. good luck ppl!

MRT is only a hype. Do you think u will really take mrt ..i would stay as far as possible. smile.gif

jerry88
post Mar 8 2013, 10:12 PM

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Anyone has any comment about Dijaya products?

This post has been edited by jerry88: Mar 8 2013, 10:21 PM

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