QUOTE(prop newbie @ Nov 20 2012, 01:56 PM)
Well, I do not think that target price at RM750 psf cannot be achieved in next 3 years. Ara Green already selling at RM800+psf.
Actually, today without wanting to wait further, I went to the sales office this noon. Finishing and the furnishing package is very attractive! Got free kitchen cabinet, hood and hob, food waste disposer, microwave built in oven, air-cond units and its green building!
But, too bad all nice units sold out. Now in waiting list for their new tower. Really missed the early boat to get a preferred unit at attractive price. Heard from sales person that they will certainly increase the price...
Well, its good that a vested buyer to be remain positive. But no matter Verde or any othrr project we buying, to enter at RM 550 psf and aiming tat RM 750 psf upon VP can be easily achieve is quite little ambitious, well, i'd say it remains possibility but not easy bcx plenty of new units available on 3-4 years time given recent number of new launches.
If I am vested into this, I target it at RM 660 psf which is abt 20% appre and consider pretty good bcz from RM 550 psf to RM 750 psf is a lot harder than RM 400 psf to RM 550 psf where both capp at 36.36% appreciation.
Unless another round of 2009-2012 feat which I'd say unlikely to repeat another song but as we all vested into any new properties, lets keep the finger cross.
Ara Green at RM 800+ psf is a benchmarking price for Verde, Nova Saujana and Hijauan Saujana but the sales too good doesnt mean it can be a good reapful project in VP time bcz I found most of the buyers of AG were Dr's frens and associates, and it require RM 1000 min psf in order to embark a strong demand to pull the buyers opt for Verde or any at RM 750 psf later on VP period.
However, a good location is a good location. I still tempted for landed in Ara Dsara instead bxz current highrise launches push up the prices look affordability.
Sorry maybe I am lil conservative bcz I am the 1 of the pool who prepare for the unexpected.