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This post has been edited by peri peri: May 29 2013, 09:44 AM

Looks like UOA wont be coming to Cheras this year.

http://www.starproperty.my/index.php/prope...south-this-year

aiseh, cheaper than CT wor.

No surprise, cheras and BTHO still got a lot hidden gem (lands)

Different range. CT is like luxury high end range.

the yet to launch is like PR1MA kindergarden standard

Bro, this is CloudTree, the agent is from Chester.
Actually the other link from mudah.com.my is also CloudTree.

For my Level 16 unblocked city view, RM626,880 for 1,269sf, before discount. I estimate level 16 to be 560 ft above sea level.
Am targetting RM550psf upon VP, I can only tell why RM550psf later, some project confidential issues here at the moment.
But rest assured RM550psf is very conservative, barring any major economy downturn.

Appreciation of 100 psf in 3-4 years? Interesting...

Is 21% in 3-4 years crazy? 6.5% CAGR for 3 years that is.

so no more from 200k to 400k in 3 years or 300k to 600k in 3 years promoted by some up up up camp?

Ha. The ad is dead now. Wonder why.

I mean the increase of RM100psf translate to only 6.5% CAGR in 3 years, which is not wild at all.
I am just being a bit conservative here, the price may breach RM600psf but that is anybody's guess.

The Klang Valley, or Malaysia, property market was kind of on a bull run since 2008, which largely caused by the low interest and easy credit regime.
The BNM measures on 70% LTV and RPGT did caused a temporary slowdown in property transactions, but it was just a temporary thing, then activity gone up again. Go study the BNM loan statistics.
So, will we continue the bull-run for another 3 years that make 100% gain in 3 years? I'm a bit reluctant to see that because it might not be healthy, unless a fresh grad salary jumped up to RM5,000 after 3 years, but that is not likely.

I am not saying we are entering a slump. Since 90s the only time when property prices went down in general was after the 1997 AFC, and if you study house price index vs Bursa KLCI index, you see that there is a really close correlation but house price reacts a year later to any major adjustment in Bursa KLCI index. And the talk about bubble is bull-shit to me, anything that is below RM700k to me is still very much safe going forward as our composition of middle-income household is ballooning.

I believe Malaysia economy will fare well going forward, we have so many money coming in from the west, although we lagged behind some major cities in the region but the overall interest for Malaysia is very evident. So if there is no major economy glut happens globally, I believe the property market will at least be stable and continue a rather reasonable growth, that makes my 6.5% CAGR for CloudTree to be not wild.

And that is my only reason of buying into this low-entry-cost CloudTree, which at least still prevail now.

only 10% malaysia paying tax..... they really can buy Rm700k?...i think Rm400k for city...none city RM250k

conflict of interest?

Maybe Ah Chulk Kor call up the guy shoot him kaw kaw.

Got another thread also promoting similar concept. . Low downpayment until vp.

which one?

Yes, pls share!!

what is vp?

Vacant Possession = boleh dapat kunci to your unit.

oooo~!!! okay okay. understood.

2days back I saw one thread but never mention its cloudtree. But similar description la. Then ask pm here and there. Now I cant find the thread.

This post has been edited by johnnyg: May 29 2013, 03:10 PM