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Investment TROPICANA HEIGHTS - Another megacity by Dijaya, Now open for Registration. Freehold 2013

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Lcsx
post Jan 11 2013, 03:16 PM

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QUOTE(tikaram @ Jan 11 2013, 02:34 PM)
from 450k onward.
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Actually highly unlikely that it be 450k onwards unless for the high rise.

Few reasons.

1. Dijaya has the highest cost and acquisition price of land in the area. About RM25psf if I am not wrong. This is over doubled Nadayu 92's about RM10psf (early launched 400k onwards). 35% higher than Mah Sing's Bangi acquisition RM18.50psf (Launching 500k onwards). SP Setia is lauching their semenyih products at about 400k onwards with land price of RM7.50 or RM13psf (I got mixed up which was which) etc. This is plus Dijaya had a holding cost period of 2 years for the land, plus holding cost their land cost is closer to RM28psf.

2. I don't think Dijaya will be pricing their more prime land with Prime name at the same price range as the Bangi, Semenyih developments.

3. I hadn't heard of a cheap Dijaya offering so far and I know they are targeting at least RM2bil GDV in the area tongue.gif

I reckon they will price it closer to 600k++ onwards tongue.gif

This post has been edited by Lcsx: Jan 11 2013, 03:55 PM
Lcsx
post Jan 11 2013, 04:00 PM

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QUOTE(twincharger07 @ Jan 11 2013, 03:56 PM)
agree it wont be cheap... but i dont think they willing to sell 600k..
1) MKH Kajang2 DSL already 600k
2) Nadayu 92 20x65 DSL going 550-600k
3) Naza TTDI Grove DSL 22x75 700k

Kajang2 and Nadayu92 are around the vicinity, TTDI Grove having slightly better accessibility..
but dont forget, once Kajang2 is done, connectivity will be improved.

with Dijaya being much more well known and reputable, they will definately price above MKH's projects..
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Yeah 600k is probably the cheap side of expectations. Perhaps 750k since both their land and reputation is more premium than Kajang 2's.


Lcsx
post Jan 11 2013, 04:02 PM

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Oh just to add, Kajang 2 was acquired at RM7psf against Dijaya's RM25psf. tongue.gif


Lcsx
post Jan 11 2013, 04:13 PM

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QUOTE(twincharger07 @ Jan 11 2013, 04:03 PM)
Did some editing... hopefully access will improve after this, including Jalan Reko that leads to Kajang Town...
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