Hi, I am new in property investment and had been reading this thread for some times. And had been browsing the atmosfera advertisements in propwall and iProp. Seems like the workmanship not really as bad as mentioned.

Been to setiawalk at Puchong also, noted that the 1500sf also asking for more than 800K and quality of work seems the same / not much different from atmosfera.

So, I was thinking at that kind of pricing compared to Verde, Ara Damansara is definitely a better location. And, off course overall environment is much quieter and soothing for family living. With Tesco and the present medical center, upcoming project by See Hoy Chan near Citta Mall (citta mall owned by tycoon Lee Ka-Shing), can I said that Ara Damansara is a better bet compared to other? Sorry, I didnt mentioned abt Ara Green here because I cant afford it at that kind of steep pricing.

Another finding that I found about Villamas is that they do not have abandoned projects. That is surely a safe bet, I guess.

Anyway, all above is only my personal opinion. Hope that all sifus here can give further advise. Thank you.

Hi, I am thinking to go have a look this coming weekend. My thoughts is the pricing is reasonable with room for improvement in term of monetary/investment for the purchasers upon completion. Was thinking if bought can sell at approximately RM 750 psf upon completion. Well, fingers crossed. BUT, THAT IS MY TARGET...

ABOUT RM 200 gained psf wor. Off course sufficient to cover everything lor.
I browsed thru verde website and noticed that the 1500sf layout is quite nice wor. Most probably will choose that one. Anyway, I shall see their show unit this coming Saturday. Let's see if I am happy with the finishing or not.

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...

Your tabulation is quite correct Chris! Even at RM660psf it still consider a hefty gains for those buying Verde. And, as long as a project does not get abandoned like the one at Ara Damansara is enough already. Hopefully the developer and contractor can do a better job for Verde.

Furthermore, the price of RM660psf can be easily achieved in view of those existing other project at Petaling Jaya which, easily can fetched RM700-RM800 psf.

This post has been edited by prop newbie: Nov 20 2012, 06:47 PM

Wow.. the response was tremendous. Peoples are queueing to buy... luckily got my unit... hooray

I am agreeable with you Accountant82!!
Indeed, our IRR is greater than developer, only that we need to take risks for timely completion. Anyway, gains/ returns does comes with risks, the higher the risk more higher the gain!

HouseToLive, are you implying also that AG is also painting their picture good? My opinion is that buying a property is sort of like part 'gambling'. Sometime reputable contractor also may not did their job perfectly, and vice versa.

Off course when buying a property, either for own stay or investment, one must really calculate the property potential. We should invest/ buy something which, will give us values eventually. Some developers already calculated in the future prices to sell their property at current venue. Whereas some developers only calculated a portion so that their buyers will eventually benefited from buying their property.

I guess if you wanna wait for serin and zefer completion, verde would have been sold out already...

Count myself out for a leasehold piece of land. Freehold nowadays are getting lesser and lesser already. Better get myself a freehold rather than a leasehold properties...

Just my personal 2 cents...I just do not understand why human do not go and find out the truth about whatever issue discussed but keep exaggerating what may not be true or otherwise, let's fingers crossed!

If a person unsure about something, action should come 1st and to find out the fact. Not just simply put up things that they ownself do not even sure about. Certainly as a purchaser of Verde, I really hope that Villamas can improve and do a better job from time to time. I really hope that my investment is worthy. The sales is not bad and I am sure all who bought Verde had done enough survey about the developer's delivery record.

I had called up the developer today and ask them about the main contractor. They replied that only piling contractor is appointed. So, let us have the benefit of doubt here until the main contractor is awarded the job. We should think and act maturely rather than following suit those 'maybe yes maybe no' mindset.

Just my 2 cents... no offend