Simple. I know them.

What I mean is that, the sales room of KM1 east is next door to arena green.

Uncles come from there to look.

Wow ! You know a lot of rich uncles from those bungalows ?

So, what is the closing sales for Seng Kung on the 1st day?

at 2pm+ was 30% done, any status breach 50% at this hour ?

=)

Tomorrow I may go there again. If I go, then I will tell you.

How come you are not buying ?

simple mathematics calculation, there are 6 types of high rise, almost 2 types are fully booked. so 2/6 = 33% at 3pm

I wish to go tomorrow and check out the floor plan too and etc but scared no time.

I am only a small division bench kaki. Definitely not among the main player in big league of KM1 East. Lol.

oic, I tot u said next door to km1.....sorry I misunderstood yr statement....

I wonder can you sell at 1.6-1.8mil in 2016 for golf view 2021sf unit supposing you bought today at 1.3mil? Yearly maintenance + sinking fund is about Rm9500.
There will be an abundant of condo projects to be completed in 2015.
Will BJ = MK or MK wannabe?

If rich uncles from the golf bungalows nearby are buying it, then it is safe.

If you are buying for speculation, i think the risk is too high unless you have a lot of cash reserve.

How many people have 1.6 million to buy a condo ?

Bukit jalil is better than Mont kiara already.

Bukit jalil is the centre of gravity in Klang valley.

Mont kiara don't even have LRT, golf view, stadium and park.

The bukit jalil stadium just blew up fireworks tonight. One year fire fireworks few times.

The calvary church nearby is going to attract a lot of christians.

This post has been edited by jalsrix: Jan 19 2013, 11:07 PM

Arena green -> km1 east. Very big gap upgrade.

It's very tough to predict now, and yes, BJ is might be called as MK wannabe due to a number of highrise under construction where MK had established it's name as the best streets of the finest condos available, thanks to Alan Tong's foundation.

But, don't you see the market of MK had been stagnant and I found something missing in the MK ... I think very soon, BJ could overtake MK ... In most of the new home buyers, attract by the name of Mont Kiara and didn't found the catalyst of BJ or any other area, but seems, people already accepting RM 650 psf and above in other certain areas, such as Ara Damansara, Uptown PJ and few more to list on ...

For the KM1 East, it would be very different situation compare to others such as KM1 West, Twin Arkz and Treez in half upper category compare to KR1/ KR2 / Rainz / ZR / Covillea .... where currently, it was the only condo launch with starting price RM 1mil onwards and the smallest unit was 1,873 sf to 2,031 sf ....

If BJ are really explode into the property hot market by 2016 or 2017, I am not surprise if the 1.3mil unit the riches bought now would reach RM 1.6-1.8mil then, hence, I would say, with their holding power, they can even hold at least 2-3 years vacant and throw to the market at RM 1.8-2.0mil ... bcz the competitor within the BJ corridor was only KM1 East itself due to it's tag of min sizing per unit ...

If the RM 1.3mil unit they bought now and reach RM 1.6mil in 2016, I doubt they will sell.

Twin Arkz and The Treez would play a different role in a more Greenery and Eco Friendly lifestyle living ... but some riches I met, and interviewed do not wanted to buy a 2,000 sf + unit within a condo which comprises smaller sizes, i.e 720 sf unit or 1,300 sf unit but they wanted something all big units only condo for exclusive and privacy profile for each other ...

Sources say Mont Kiara is coming back slowly... alot of locals are buying subsale suddenly.

Btw the product offering of biggies can do well in suburbs surrounded by Rich Uncles and Aunties as long as it is not highly-densed and must be more modern. I understand alot of Uncles here in Bandar Utama want to buy more "Five Stones-type"... but scarce here (except the outdated 9BU which also can sell slowly).

Some of these Uncles do not need RENTAL to survive.

Pp are accepting 650psf in other certain area?? Only applicable for new launch with package, such as dibs, 10% discount, sub sale market still not tested yet. We have to wait and see how many 650psf condo are doing well wen it VP. Haha

Looking at the trend going in BJ now, Superlink homes is really a bargain now.
Entire BJ has <800 units landed (Link + SD) only (Esplanad, Jalil Sutera, Seri Jalil, Laman Bayu, The Treez link villas), while Puchong has bout 50,000 units. I dun consider Mutiara Bkt Jalil is a choice one as the location is worst than Bdr Kinrara.
Existing condo in BJ is bout 3,500 units, in coming years, another 4-5 thousands add to this figure, hvn't take into consideration of OUG Parklane, OUG Paradigm and Jalil City development, I predict a total of 20,000 units of strata property by 2020 (BJ-OUG), can the mkt "digest" it? I dunno.
No more new supply for link houses in BJ in the future, the choice is very clear now. Prepare for the worst (crash) to come, any major correction will sure hit highrise, factory and shoplots 1st. Be careful.

This post has been edited by UFO-ET: Jan 20 2013, 11:36 AM

Just came back from the sales office.

As of 12 noon 20 jan 2013, 52 units are sold, so there is around 100 units left of the high rise block.

The most popular wing is the one facing the golf, almost all sold.

40 cents per sq ft for maintenance fees and sinking fund.


I didn't count the low rise block which is around RM 1.8 million each


KM1 has 3 blocks of high rise blocks (2 in KM1 west and 1 in KM1 east) and 1 block of low rise block.



This post has been edited by jalsrix: Jan 20 2013, 12:50 PM

bascially km1 east is 1 highrise and 1 lowrise.. ??

but really salute this is like a BBB for biggies at a record psft price?...

This post has been edited by accetera: Jan 20 2013, 12:52 PM

Amongst all the high rise, I think this km1 east may hold well. All others projects are majority bOught by investors n flippers. This project fenced off investors n speculators and only left with long term investors.

Got show house?

[quote=Cocoon,Jan 20 2013, 12:54 PM]
Amongst all the high rise, I think this km1 east may hold well. All others projects are majority bOught by investors n flippers. This project fenced off investors n speculators and only left with long term investors.

[/quote

Concurred with UFO. The gems are landed In bj. Imagine owning a landed in mont kiara!

Second one is commercial, will fly big time too