By Ireka
Launching I think at seni mont kiara
From rm2000 per sq feet

This post has been edited by airline: Nov 30 2012, 11:29 PM

And they told me it is cheap!!!! They must be comparing to to Banyan Tree and Pavillion.

Wow, at this price no need to look twice, way beyond what i can afford.

---

Added on December 1, 2012, 9:10 amWow, at this price no need to look twice, way beyond what i can afford.

This post has been edited by charlieboy61: Dec 1 2012, 09:10 AM

Smallest size is to be 900 over sqft..

Ireka is a bit too ambitous? You need to be extraordinary n superb usp to fetch this pricing of 2kpsf.

Launching price that HIGH, something fishy is going behind. a gimmick for a group of crony? I doubt target buyers will be those VVVIP and running special type of business. Lembu is old story btw

can buy if they 100sf unit. Haha

Special preview: 03-62530020

2000psf is cheap to the international buyers lah. Such project are never meant for ordinary locals anyway.

Smallest unit 915sq feet

5 percent discount, extra 1 percent discount for I -zen member, with GRR wo

GRR - wats the return and lock in period?

if GRR, then it shld be fully furnished. right?

but 2kpsf is too high to stomach

tiba2 je crony. taksub politik sangat.

ruma


Attached thumbnail(s)

Actually I also tot expensive, then when research, actually look like good investment, especially the hotel suites:

1. Managed by URC, they manage Puli in Shanghai (http://www.thepuli.com/en/)
2. Give 6% per year for 5 years, then the balance five years projected at about 6.2% - 8%
3. This yield is net becoz they manage everything like hotel
4. So no need find tenant, look for maintenance guy etc, just collect rental, pay monthly!!!
5. If take 70% loan, rent can cover instalment
6. Hotel market also good (http://www.hotels-invest.com/quarterly-market-report.htm) and Mandarin Oriental experience 77.7% growth in capital value over 10
years…and this brand look nicer
7. Downside – you cannot stay in your own unit. You get seven days but any unit
8. Fully Furnished to hotel standard some more!

I actually pick up one unit and managed to get some early bird discount…10 years don’t do anything but collect +ve cashflow lor

The residence look good but frightened about cari tenant…this one BTK..buy to keep at least 10 years!

Are u sure u bought a unit or are u a sales agent?

Anyway paying RM 1,985,550 for a 915 sf unit (RM 2,169 psf) is really high end pricing. Even with a GRR return of RM 9,927 per month for 5 years, it doesnt make it profitable for a investor who would need to pay RM 8,233 per month for a 90% loan at BLR-2.4% when u consider other costs which the owner would need to ebar as well.

Its clear that the developer is already considering future pricing into todays price and making the purchaser pay for it. Typical!

Beware of GRR products. Seriously

Whoa,... So similiar to this news on li ka shing hotel rooms. http://www.bangkokpost.com/breakingnews/33...ty-bubble-fears

"... The government widened its property curbs to cover commercial transactions after earlier this week hundreds of people turned up to buy hotel rooms being sold by billionaire Li Ka-shing’s Cheung Kong (Holdings) Ltd in the city, prompting a warning from the government...."

Hmmmmm....

This post has been edited by satrianeo-x: Mar 14 2013, 07:02 PM

Well, this is what we call future price.
Lady and gentlemen, welcome to the new world of property.

I really keen on this grr
Ireka products so far all okay
Easy entry to hotel product?
Ireka member extra 1 percent discount
1-17 floor hotel
Can fight with traders, mandarin hotel?

This post has been edited by airline: Mar 14 2013, 10:49 PM

She just registered today, and has one post. Your guess as good as mine....