When the project completed, you will agree that 1800psf is worth the money.

However, someone told me to be careful because Dijaya directors and staff got addition 5% discount, and they always choose the lowest price one. Lets say a 601sf we pay 500-550K in phase 1, dijaya guys pay only 420-450k, same to phase 2, but I heard not many staff buy, directors still get the low floor cheapest units though. Their price is about 460k low floor compare to 600k high floor.

So we only buy the high floor at high price. They will be the first to make money, we the second.

We just pray they dont throw price.

Well as with all other urban rail systems, being too close and too far will not help your property. Its gotta be somewhere in the middle. Having a rail right next door will affect units directly facing the tracks. Dont forget that noise travels upwards when it comes into contact with a high rise building. Same goes for highways.

Are u refering to Phase 1? If so then u have nothing to worry actually. Even if they throw the price, it will have minimal effect on your value as their units dont make up a big number.

Quite reasonable comments. They always say that if u want an objective opinion never ask those who have invested in the property and surely never ask the salesmen themselves. The answer would be obvious. When i bought my last 2 condo's i actually went around to the competitors and asked them what they thought the negatives bout my condo were. I too had the same opinion so it wasnt anything surprising.

The mistake that many ppl make is that they evaluate a property from a salesman's eye by only looking at the positives without much consideration for the negatives. They quote often amplify the positives and minimise the negatives. In order to make an informed decision, you have to consider both sides, weigh the odds of each situation happening and then have a backup plan if things dont work out as planned. Its pointless to go on and on saying it will appreciate to say 1,800 psf in 2016. What if it doesnt? What if it stagnates or worse still, drops instead? What if values dont appreciate as expected and to top that you dont get tenants willing to pay even 60% of your asking rental price? What's your back up plan then?

Sometimes we need to ask ourselves, if a property value can jump from 1,100 psf in 2013 to 1,800 psf in 2016, why arent the property developers, agents, their families and friends buying up all the units? Why are they releasing it to the public? Wont it make sense to keep such 'gems' to themselves since that way they would also have more control over future pricing? If they are so sure about the value of the property, why arent all of them invested in this? Affordability is only a small issue. There are ways for a lower income person to afford higher range of properties. But the reason why they arent all investing in that same property is because of risk. No property investment comes without risk and they know that. Risks must be managed well and spread in order to be minimised.

Everybody expects good capital appreciation and rental yields from our invested properties and if it happens then well and good. Every new property launch in history has made such promises but how many have actually delivered on that? Can we actually say that 80% have achieved what was promised within a certain period? Of course if u put a time frame of 10 years for capital appreciation, i would think all new launches would appreciate handsomely. But when ure talking about just 3 years, thats like trying to short circuit the entire cycle of property appreciation and expecting the same results. This can happen and its entirely dependent on which stage of the property cycle ure at. If you ask those who bought properties in 2008/2009 for instance (me included), it wont be uncommon to hear of appreciation figures of even 80%. But will it be the same for those buying properties in 2013? Personally, i think we're almost at the tail end of a property peak in Malaysia and when ure at the peak there's only 1 way to go. Its just like gold investment. Ppl who have observed gold trends will know that if u invest in gold for short term gains, chances are ure gonna get burnt as gold sees its value long term. Also dont forget that although new launch prices are rising, subsales are not rising in tandem while rental yields are dropping or stagnant. A healthy situation would be to have all 3 rising together with income levels. But now we have 1 rising fast while the other 3 rising very slowly, stagnating or dropping. This isnt sustainable.

What more and more property experts are saying (and i dont mean those hired by developers to speak well of their launches), is that there are still good investments to be made but it may not be with properties >900 psf price range. Its mostly with properties in good locations with good amenities <650 psf. Good locations do not always need to be the best location as best locations come with premium. But to make a wise decision, learn to look beyond the marketing gimmicks e.g dinners, exclusive launch events, close door balloting, privilaged invites, etc. Then ull see the true value in the property. I recently attended a launch function for a high end condo which the developer got BMW Malaysia to also co-host the event. They even got the members of the Malaysian media e.g Hitz.FM, etc to attend. It was a black tie event with all the fanfare and good dinner spread. But after all that, i still wasnt convinced that this project would be a good investment decision. For own stay surely but i had my doubts about the short term investment potential.

In short, always be a smart investor. I too learnt from some of the more seasoned investors (quite a few in LYN actually). To be a smart investor , u have to consider all odds and keep your mind focused on the main objective at all times. Never allow yourself to be distracted by the 'surface attractions'.

Cheers!

This post has been edited by cybermaster98: Mar 12 2013, 12:35 PM

There will be a lot of expats will move to KD in 2016. Those small units in KLCC like park view, MARC residence etc will be emptied. These expats are tired of the boring life in KLCC area, compare to KD and MD, KLCC is nothing. So those got studio and small unit in KLCC better dump yours and buy TG before it is too late.

The demand for TG small unit will be huge in 2016, a one bedroom can chinchinchaichai fetch RM4500 rental, based on average 4% ROI, the one bedroom worth RM1.35m. How much it is selling now? less than 50% of future value in 2016. You buy now for RM500 or 600K, sell 1.35m in 2016, around 800k profit mana cari? However, it is sold out now, wait for TG3, you still got chance.

Is TG3 priced at RM1300psf still a buy? Yes. RM1300psf means around 780k, around 600K profit in 2016.

Think about it, KD and MD is going to be the "place" in the next few years, massive infra works, massive projects supported by massive rich population BUT you dont get a piece of this?

You can remain at the sideline, red eye and blame yourselves, bad mouth, jealous. OR, go in.

I hope some people eyes wont red until explode.

This post has been edited by Happyman: Mar 12 2013, 12:53 PM

Here i meet a very convincing fortune teller..LOL...

U assume too much the same way u assume i have not already invested in KD.

A one bed room in KLCC is getting 4-4.5k rental. Rental is going up up up and away from now till 2016. So 4500 rental in TG in 2016 is reasonable and could go higher. I am not making assumptions not fortune telling.

We are catching up SG and Hong Kong.

Bro, you must be a heavy investor in KD! I'm trying very hard to visualize how KD can take over from KLCC as the property nucleus in 2016. Maybe you can recommend some of the stuff that you are smoking...

I think it is clear that this is a high end property launch that nearly sold out with benefits of DIBS.

I have more reason to believe that those who booked here had every opportunity and benefit to carefully consider the investment consequences.

It is obvious that those who bought are confident and excited to be owners. Lets give a platform to brag a little.

It makes me wonder why are some are giving comments that sounded like they are deprived of basic affordable housing.

I am not vested here therefore I am only sharing the excitement. We should know when to refrain from commenting.

Kota damansara present one bedroom rental how much

The lousy ritz already 1800 and its 400sf box only.

600sf high end one bedroom how much you think?

I feel sorry for those who missed the boat, but need not worry, TG3 in July/August.

Tropics is now doing so well that a one bed room transacted at 580k already.

TG is so much better than tropics.

The lousy ritz already 1800 and its 400sf box only.

600sf high end one bedroom how much you think?

I feel sorry for those who missed the boat, but need not worry, TG3 in July/August.

Tropics is now doing so well that a one bed room transacted at 580k already.

TG is so much better than tropics.

400 sqft RM 1800 is true..but how is the occupancy rate ya?I meant any demands for that?

Bcoz like many places,is true the rental is quite high,but occupancy rate is low so only certain ppl will be benefited..the rest is jz waiting for their luck to come

I assume u know KD well enuf. What kind of rental yield are the current launches experiencing now (in percentage)? I mean those higher end condos. I dont know so im asking. Im asking for the general yield of that condo not just one off tenants.

The author didnt invest in the TG.
In fact i found a lot of comments in the blog on other projects are very balanced.
Good sources of information

ritze only can fetch about 1300 to 1400. and now facing intense competition from ED at 1100 to 1200. 1500 is about the limit for studios in tat area.

Not to forget ED and Ritz is only 2-3 star studio.

TG is 5-6star. The lifestyle is changing, soon enough we will live in a place where everything is under one roof.

TG has office, shopping, F&B, shop & dine, MRT, opposite got commercial shops, nexis, new sunway launch, cascades etc.

I am not promote TG, when nexis launch their new phase and sunway launch their new project then we will see. Sunway is famous for selling super expensive price, so expect RM1300-1400psf, then everyone will say the same thing they are saying now.....

People said the same thing since TG phase 1, and they will say the same thing for their life.

No risk no gain boy, mana ada "bao sang chai" one?

pls do not argue who is right or wrong. For sure those who bought the unit in TG will try to say its worth the money as to make their heart better after their expensive investment.
But using logic mathemathic, how can a KD price is more than some of the KLCC price?
And I dun think those who is working in KLCC vicinity will move to KD as they have to suffer an hour journey if taking MRT from KD to KLCC.
ps: TG is not 6 stars ok!! Pls get ur facts right before comment.