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Investment GREEN RESIDENCE @ CHERAS 9TH MILE [OWNERS' THREAD], Near You City and MRT Cheras Hotspot

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ah_en116
post Feb 12 2014, 02:42 PM

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QUOTE(alpha team @ Feb 11 2014, 01:12 PM)
now market very down, most of the investor still waiting, that why those project launched currently response not good. initial 15% discount, now 18% discount,  basically means decrease in property price.
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Means that the sales doesn't goes well at this moment?
ah_en116
post Feb 12 2014, 07:05 PM

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QUOTE(alpha team @ Feb 12 2014, 03:12 PM)
Yes. the transaction done for new launch project definitely drop for Q1 2014 as compared to Q4 2013, in fact the transaction has been dropping since Q4 2013. value wise I'm not so sure, but look at some of the project giving more and more discount, I believe Q1 2014 property value shouldn't have any growth, but constant, or the worst case is minimal drop.

a lot of expert/specialist confident that the market will be resume/recover at Q2/Q3 2014 after it self-align in Q1 2014.lets wait and see. what we can see is most of the project launching has been delay/postpone, developer tend to avoid launch any project at this moment and waiting for the right time.

any one know the take up rate of green residence?
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Thanks for explain. I'm currently thinking is it worth to grab green residence since it has 15+3% discount , but one more thing that need to be considerate is the maintenance fees.

 

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