Well well well we have another one with red eyes here who need eyemo....

FYI eyemo is available at most pharmacy stores.

When TG completed it is going to worth more than 1800psf, and those outdated condos in MK HARTAMAS DH will still struggling to sell at 450-600psf.

A one bed room TG can buy a 4 bed room Mk unit like MK Aman or Tiffani or seni MK but you know what? People still prefer TG because of MRT. TG is for new lifestyle, outdated township is for those who have no other choices. People buy MK HARTAMAS DH bangsar because they are old and cheap.

KD is the next big thig, and te next big thing is here. Phase 3 coming soon.

Sour grape and red eyes!!

Where got 1300psf so cheap? Phase 3 already 1300psf, phase 4 1500psf. 1800-2000psf upon completion.

Ok lo, as you wish to believe. I already did my best try advise you if you already knew the facts but still don't wanna believe its not my fault.

Btw, not only is 1 bedder price same as 4 bedder in MK, it can even buy a DSTH landed in Sri Hartamas or Tmn Tun with change left for reno.

You judge for yourself lo which one has a greater demand.

All the best in your investment. I have feeling, you gonna need it.

PS: KLCC 1A Stonor walking distance to LRT also price only around RM600psf.......so much for this "new lifestyle".

This post has been edited by joeblows: Mar 13 2013, 05:03 PM

I didn't know rich people like to stay in expensive condo and take MRT.

Happyman is either trolling here or completely euphoria stage.
whoever didn't buy phase 1 are sour grapes who missed the boat.

I think we should not argue about the project. I agree that it is overpriced too, but then, is not an issue at all to convince buyers.

Assuming worst case scenario - buying for own stay - hence is not an issue. In my opinion, having the MRT is like a "luxury" if own stay.

The MRT trains awarded are most likely the Siemens Inspiro, a modern and quiet urban coaches. Pretty nice convenience travelling to downtown KL or even savouring the Kajang satay in less than 50mins.

The next big development is the KWASA DAMANSARA... wow this one is really huge. No bargain hunters here.

This post has been edited by accetera: Mar 13 2013, 05:32 PM

wow..master accetera finally in

Lol. I gonns say happy man doesn't sound happy at all

These are the mid-level millionaires (or I called it "Ringgit Millionaires")... not the Tropicana Country Resort level yet (mostly CEO and GMs but they could be investors/not stayers in TG as well)... and definitely not the international level yet.

To put in simple words, TG millionaires cannot afford Bentley, just like most of MK owners. In fact TG millionaires will be the ones having abit highlevel of debts but poised to join the elite corporate ladder - fast and furious. Going to corporate offices in KL CBD or TRX or KL Sentral is a hassle, hence the MRT.

However, in the next 8 years, it will be a "game changer". Our MRT lines will have 2 more lines interconnected. By then, planning will begin for PJ LRT and more MRT, LRT, BRT and WTS (water transit system). The Damansara corridor would have 2 more highways and more than 8 new shopping malls - 3 of which are in Kota Damansara. High Speed Rail will also be connected to a MRT point.

So can we say 90+20=110mins, from the doorstep of TG to reach Singapore?

This post has been edited by accetera: Mar 13 2013, 07:50 PM

Millionaires in PJ are no big deal. Anyone who owns a home is practically a millionaire. IMHO, new benchmark for millionaires in PJ is RM10 million. If net asset value is less than that, he is just an ordinary man in the street. That's why he is still taking the MRT once it has been built.

I like how you put it, "fast and furious" Just be mindful taking on millions in debt does not make a millionaire. (yet)

Means if we invest in near MRT project and can manage to hold it for few years,it will be a great investment by then?

Btw for those who PM me... haha I didn't say investing in MRT projects will become millionaire. This is not a proven theory.

The above was just an illustration of an "already so-called Ringgit millionaire" who can afford TG and chosen to invest in TG. I've also said that himself (if staying) or his target market (if renting) could be those who are climbing the corporate ladder (means young, affluent office professionals working in KL) and he is able to take MRT.

Conclusion, the keyword is "person investing must be adequately AFFORD". You should NOT invest in a MRT-nearby property IF YOU CANNOT AFFORD.

And holding high levels of debt is not a good thing at all, but if you belong to the Minority Group of People, i.e. experienced bankers who understand and know how to leverage, then it is OK.

This post has been edited by accetera: Mar 13 2013, 09:47 PM

Not IF, there is no IF here.

You invest in TG it's sure win. I repeat, no IF!! IF, is an assumption. Investing in TG will give you great return and that is facts!!

I think you have a lot of anxiety after investing in TG is it?

If "sure" win, does not mean "NEED TO". I'm not in any position to comment such that "People, you die die need to Buy TG." Hahaha.

Whether win or not, it is still TOO EARLY. Despite the good forecast for TG, it still needs the Real Demand (not perceived demand) and Rental market to backup it's forecast. Based on today's rate, it is highly unlikely Malaysians can afford a >RM3.5k rental in Kota Damansara, or even the whole PJ Damansara.

As such buying TG is still a Risk... perhaps calculated or perceived risks. Those ordinary folks should not risk themselves too much at uncertain times.

This post has been edited by accetera: Mar 13 2013, 09:56 PM

Only a very optimistic (or gullible) person could possibly believe such a scenario.

A person who can buy a million-ringgit property is NOT an ordinary man-on-the-street. The situation is totally different from those who bought 400-500K DSTH PJ houses and had them appreciate to 800K-1M.

Let's do the math:

RM1M loan (and mind you, this is probably just 800sqft, suitable for single or at most young couple).
Monthly repayment = RM5k
Max loan allowed - usually 40% of NETT salary. Ok lah, we will assume this "millionaire" don't have a car and relies 100% on MRT.

So, 5K/0.4 = RM12.5K NETT. Means gross salary for this single person = RM15K or so thereabouts.

Wonderful. How many single people you know who have RM15k salary? How many young people with RM15K salary a month loooove to sit MRT instead of running around in a 3series?

For those who say "couple will stay" you got to be kidding. Which couple would be so foolish to buy a 1M 1-bedder which they will need to move out of in a couple of years when they have kids instead?

Simply put, no demand for this type of overpriced chicken coop in the sky.

This post has been edited by joeblows: Mar 13 2013, 10:12 PM

If buying this TG is a good or value buy, I think buying those condo in DPC like Northshore, Westside at rm 600 sqft is a steal. KD is just no match with DPC in terms of township. People or the rich are willingly to pay high price in DPC due to status , LV lifestyle vs KD is being label as ex Sg Buloh.

I just LOLed suddenly people misunderstood.

At worst case scenario, you also have to consider that most youngsters born and bred in PJ are being helped out by their parents.

You go to TG, you'll realised many parents buying for kids or kids studying/working abroad. Btw, thousands of workers in KL Sentral who can afford branded shopping in London are waiting to take the MRT... i.e. PwC staffs - this is what I heard from my conversation with them.

So the scenario is not as real as on paper.... similarly, TG could have risks even though it sounds good on "paper". But investors dare to take risks, and the risk takers could also be winners, we'll never know.

* Bear in mind, MRT is not a compulsory mode of transport BUT is an OPTION. In many countries, driving and parking have become so difficult that even MRT (or urban rail) becomes an Option for "Millionaires". The question is are we going to that direction?

This post has been edited by accetera: Mar 13 2013, 10:25 PM

Why wouldn't people buy One South or Opal Dsara just across the road at half the price psft?

Just doesn't make sense at all......

Luxury condos are for the really high-end people, who want the posh address.

Those people aren't going to be sitting MRT.