Agreed with the 2-3acres of land forest reserved left untouched. means there would be ard 7acres of land for the condo blocks, facilities and the long path from Guardhouse way to condo carpark entrance. so 31cents maintenances fees for the 7acres of land/facilities.
Unless they use it the maintenance fees to maintain the whole 2-3acres forest reserve..

Quite expensive for Cheras property. Anywhere can get discount?

small unit got 15% discount
big unit got 18% discount

this is last week info, SA said march onward discount will be lesser, dunu true o not? but I think the take up rate not so well.

any one know?

As I know the Cheras South property/condo price already 500psf and above.
Only those small one like SilkSky or Sky residences offer cheaper psf in Balakong.
500psf stil considered a reasonable price, in future dont think wil get lesser than that anymore.

I don't think it works that way. With the new loan to vale ratio announced by BNM. It means you can borrow based on net selling. So even if the developer giv you 20% discout, purchaser will still nid to pay 10% of the 80%. Which in actual purchaser still need to pay 8%. Another way to look at it is there is less attractiveness in the rebates. Previously the rebate are given so that we won't need to pay down payment 10%. But now if the loan is based on net selling, you can just simply view it as you are purchasing it at 82% price point. Because the higher value in the snp will not do you any good other than for rpgt purposes. With the 18% rebate, it's just like buying a 500+psf property and still need to pay 10% downpayment. So it's not so attractive anymore. And the devlopers are still allowed to give rebates, just that the loan will be calculated on net selling. The only things developers aren't allowed is to factor in interest rates such as dibs or any other interests into the selling price.

This is my humble opinion. Please correct me if i'm wrong =)

What u say is technically totally correct but the reality is whether the bank has enforced the loan based on net selling price...

Consider Green Terrain for investment. For own stay, of course Green Residence is better if affordability is not an issue.

yes. no doubt BNM has announce the rules. but not all banks followed. I have consults few bankers, and the response from them is whether loan granted based on net selling price (after discount) or gross selling price (SnP price) is depend on which project. some project if the banker are aware of the discount thing, then they will based on net selling price, or they will call to sales gallery and ask whether is there any discount. of cz, some banker said they still based on gross selling price and ignore the announcement by BNM bcz no enforcement by BNM, and also banker also need commission from the mortgage they sold.

so lesson to learn, if u ask agent, they mz 100% said can get loan based on SnP price. dun trust them, call ur own banker. only buy those new launch that the booking fund can be fully refund if loan failed.\

Green Residence booking RM15k, if loan fail, they will forfeit 1k and refund 14k. if u not confident to get loan, better dun book.

yes. green residence good for owned stay.

Anyone..interested to know more can pm me green Residence cheras....9 miles
Special discount blk A booking Rm15k and Block B Rm20k
Limited unit left for for A and B ..block c coming soon not open for sales yet...

This is the website-

http://www.greenresidence.com.my/

With layout and size...show room unit ready soon...

Pls PM me all details + promotion..thanks

Yes not bad for ownstay...
But too many agencies has been appointed for this project. First time so much agents for one single project. So greedy for the sales yea. I've received messages from whatsapp, wechat, lowyat, Gmail, line & sms etc all these while...
My friend had scold them before for calling him (10 misscalls) during his meeting. Lol. Pls learn how to drop down a message instead of keep calling ur potential buyers in unprofessional ways. If buyers interested, they don't need all these detailed messages but str8 calling you for info n appointment for visit.

And he told me a funny incident where he went to show unit lookin for Mr.Sam (SA he liase to), & there were 3 Guys approached & told him they were SAM..... lol!

well sam is too common .. everyone can be sam

Yes agreed. But my friend won't know which Sam he's contacting with until visit the gallery. So got 3 Sams greet them haha. Well all mau business n commission ma. Haha

now market still stagnant ma, sale not good. mz rebut biz la

next time agents might need to use a unique name due to the competition.

Cheras luxury condo@ Green Residence by BINASTRA!
Open for pre-launch on Saturday and Sunday, with a buffet , lion dance and balloons.
<Show unit open for viewing>

Special Package
> 15% rebate
> 0% down payment
> Free Legal and Disbursement for SPA fees
> Free Legal and Loan Agreement fees
> Free Air cond x4
> Free quality Kitchen cabinets completed with hob + hood and oven
> Water Heater (centralized)
> Free 2 car parks
> Free 2 years of Internet broadband service

2017 completed
☺️
Pm me

This post has been edited by discoinferno1: Mar 18 2014, 10:49 PM

How's the sales? Any units left?

plenty I believe

This property not really hot cake or what leh?