QUOTE(homefinder @ Jun 7 2013, 03:59 AM)
Wondering those who has booked a unit had done there homework like visiting the site & familiarize with the location firstly I believe that area is surrounded by middle income ppl & notice quite a lot of foreigner as well imagine if the unit cost 500psf than 1000 sf size will cost 500k if u take a loan for 90% at current interest around 4.2% we need to pay installment for 2000 per month for 30 years term. Well I m not so optimistic about this area & the current rental rate may not be able to cover the installment so what are the opportunity in this investment which we don't see ?
If you did read thru the previous posts, I believe you will notice some of us are already been to the site, even the few that never actually been to the site also can have an idea thru the discussions.
I am not sure how do you define middle income ppl but I think I am in the middle income group and CT's price is affordable to me. If you have "status discrimination" and only can stay with the high income ppl then definitely this is not your choice.
With your "imagination" of 500psf and 1000sf, I believe you didn't really know about CT. Fyi, don't have to imagine, the price and layout is already out. It's 1,269sf and the price is from +/- 465psf before rebate.
You are only looking at rental return. 1st of all, current rental rate doesn't represent future rental rate. We are talking about 3 years later here. Then if you read the previous posts, few of us might keep this for own occupancy as we are currently staying nearby(Yes, I only can stay around with middle income ppl

)
Then in investment there is another element that we are looking at, capital appreciation. I believe the middle income ppl in the surrounding area still can hold the property even though the rental cant cover the installment.
QUOTE(zenix @ Jun 7 2013, 09:10 AM)
lets wait and see
whoah! sub-sale sure going to be crazy
got the link?

You can check in their sales office. If not mistaken it's at the entrance of Damai Gayana, somewhere after Damai Impian.
This post has been edited by Fat3Twister: Jun 7 2013, 10:23 AM