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 Why is Damansara Perdana price low?, about RM3xx/sq ft for condo

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TSwaeguk
post Oct 15 2012, 10:10 PM, updated 14y ago

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Saw the ad in newspaper .... 26xx sq ft double storey condo selling for RM9xxK

Thought klang valley should be about RM400 to RM5xx per sq ft by now.

Is this area declining?
humble_tot
post Oct 15 2012, 10:15 PM

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You're using condo psf price to measure landed mang rolleyes.gif
twincharger07
post Oct 15 2012, 10:17 PM

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QUOTE(humble_tot @ Oct 15 2012, 10:15 PM)
You're using condo psf price to measure landed mang  rolleyes.gif
*
double storey CONDO wor...


Added on October 15, 2012, 10:20 pm
QUOTE(waeguk @ Oct 15 2012, 10:10 PM)
Saw the ad in newspaper .... 26xx sq ft double storey condo selling for RM9xxK

Thought klang valley should be about RM400 to RM5xx per sq ft by now.

Is this area declining?
*
benchmarking psft pricing doesnt apply across to all types of build up and properties..
most commonly, the bigger the buildup, the cheaper the psft...

This post has been edited by twincharger07: Oct 15 2012, 10:20 PM
ecin
post Oct 15 2012, 10:57 PM

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See the cheap one, grab it quickly rolleyes.gif

This post has been edited by ecin: Oct 15 2012, 10:58 PM
lexusss
post Oct 15 2012, 11:11 PM

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maybe he mean double story banglo?
Donald Trump
post Oct 15 2012, 11:42 PM

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QUOTE(lexusss @ Oct 15 2012, 11:11 PM)
maybe he mean double story banglo?
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That 1 advert is the famous abandon armanee terrace...god knows when this lousy mk land going to finish it...think coming to 5 yrs
cranx
post Oct 16 2012, 12:12 AM

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QUOTE(twincharger07 @ Oct 15 2012, 10:17 PM)
benchmarking psft pricing doesnt apply across to all types of build up and properties..
most commonly, the bigger the buildup, the cheaper the psft...
*
true, same condo. different built up, small size units and big size psf price could be huge gap.
example only, RM600psf for 700sf while RM380psf for 2000sf above.


QUOTE(Donald Trump @ Oct 15 2012, 11:42 PM)
That 1 advert is the famous abandon armanee terrace...god knows when this lousy mk land going to finish it...think coming to 5 yrs
*
didnt know Armanee Terrace is abandoned?? hmm.gif
humble_tot
post Oct 16 2012, 03:03 AM

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QUOTE(Donald Trump @ Oct 15 2012, 11:42 PM)
That 1 advert is the famous abandon armanee terrace...god knows when this lousy mk land going to finish it...think coming to 5 yrs
*
Maintenance Fee:RM 0.24 per s.f.

Kiss RM1k goodbye every month just for Maintenance blink.gif
Asvita
post Oct 16 2012, 09:14 AM

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MK Land to launch luxury hilltop projects in prime sites
Published: 2012/10/16

KUALA LUMPUR: MK Land Holdings Bhd is upbeat on the real estate market and is planning to launch exclusive hilltop developments and commercial projects in prime locations to meet demand, its key official said.

According to group chief executive officer Lau Shu Chuan, the hilltop developments will feature luxury bungalows and town villas.

MK Land currently has nine projects in Selangor, Perak and Kedah.

Its flagship project is Bandar Damansara Perdana, a 303.5ha township development in Petaling Jaya, comprising landed commercial and residential properties.

The Damansara Perdana project is expected to take another 10 years to be completed and is destined to be a premier centre for business and living in Petaling Jaya.

Lau said Damansara Perdana is currently one of the biggest developments in Petaling Jaya, with sales of RM2.82 billion derived from the launch of condominiums, high-end apartments, a range of commercial buildings and semi-detached bungalows.

MK Land is planning to launch new phases at Damansara Perdana, Lau said after handing over keys to its buyers for its The Rafflesia @ Park project last week.

The new phases include The Rafflesia @ Hills and The Rafflesia @ Peak, featuring semi-detached bungalows, he added.

The Rafflesia @ Park, meanwhile, is a residential project with prices ranging from RM2.6 million. Lau said the development is expected to be completed by June 2014.

MK Land is offering a five per cent discount to buyers, with no legal fees on SPA and loan documentation.

jucl
post Oct 16 2012, 09:19 AM

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QUOTE(Donald Trump @ Oct 15 2012, 11:42 PM)
That 1 advert is the famous abandon armanee terrace...god knows when this lousy mk land going to finish it...think coming to 5 yrs
*
Armanee terrace already completed long time ago. They are building armanee terrace 2 next to it and price start from 1mio.
peri peri
post Oct 16 2012, 09:20 AM

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damansara perdana =/= damansara mutiara
jucl
post Oct 16 2012, 09:26 AM

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QUOTE(waeguk @ Oct 15 2012, 10:10 PM)
Saw the ad in newspaper .... 26xx sq ft double storey condo selling for RM9xxK

Thought klang valley should be about RM400 to RM5xx per sq ft by now.

Is this area declining?
*
I think you refer to armanee terrace. Big buildup price are cheaper psf. For msq condo be prepare to pay from 500psf to 600psf., build up ranging from 900psf to 1200psf.
For studio size at damansara perdana, ritz 2, asking price is alredy 600psf onwards.

The upcoming mrt station at curve mutiara damansara will further drive up the price of the property at damansara perdana. If you find a good and cheap one, better grab one..

axis_lua
post Oct 16 2012, 11:55 AM

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isn't empire city in damansara perdana?
LOLxx
post Oct 16 2012, 12:08 PM

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because...leasehold....?

CMW123
post Oct 16 2012, 12:15 PM

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If it's Armanee, please read the analysis in propwall

http://www.propwall.my/damansara_perdana/armanee_terrace_i
cheahcw2003
post Oct 16 2012, 12:16 PM

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QUOTE(waeguk @ Oct 15 2012, 10:10 PM)
Saw the ad in newspaper .... 26xx sq ft double storey condo selling for RM9xxK

Thought klang valley should be about RM400 to RM5xx per sq ft by now.

Is this area declining?
*
9Bukit utama same BU but around 200K more, better location and freehold.
ecin
post Oct 16 2012, 01:20 PM

location
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Location.
SUStikaram
post Oct 16 2012, 01:33 PM

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Why so many pp reply ah this rubbish thread ah?

why flora damansara is RM150psf.....

why kl some low cost house is RM100psf? is KL not doing good.

Got to see each individual project la. Its concept, its facilities......



This post has been edited by tikaram: Oct 16 2012, 01:47 PM
TSwaeguk
post Oct 16 2012, 05:15 PM

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Here's the ad I saw.

This post has been edited by waeguk: Oct 16 2012, 05:16 PM


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CMW123
post Oct 16 2012, 05:27 PM

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Armanee Terrace 2, late delivery for 1 to 2 years already...keep changing contractors

But LAD for early pruchasers $$$ huat!

BUT quality of end product not sure

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