Investment Elmina by Sime Darby, Near Denai Alam
|
|
 Apr 8 2016, 10:01 AM
|
 
Senior Member
4,177 posts Joined: Jan 2003 
|
QUOTE(budak minyak @ Apr 8 2016, 09:58 AM) So both of u guys dont think its a good buy for investment? OMG, I just put a booking rm20k yesterday for 2 units there, thinking of flipping it in 3-5 years time. personally think if you want to see a very good return, u need to survive for 8-10 years, or small profit like 50k per unit for short term.  |
|
|
|
|
|
Apr 8 2016, 10:37 AM
|
Junior Member
112 posts Joined: Jun 2009
|
QUOTE(budak minyak @ Apr 8 2016, 09:58 AM) So both of u guys dont think its a good buy for investment? OMG, I just put a booking rm20k yesterday for 2 units there, thinking of flipping it in 3-5 years time. how much monthly progressive interest for until completion? Btw, how do u managed to book yesterday? Are u staff or prime member? |
|
|
Apr 8 2016, 10:42 AM
|
Junior Member
257 posts Joined: Jan 2014
|
QUOTE(anulus81 @ Apr 8 2016, 10:37 AM) how much monthly progressive interest for until completion? Btw, how do u managed to book yesterday? Are u staff or prime member? monthly progressive not sure. need to check again. prime member. |
|
|
Apr 8 2016, 10:42 AM
|
|
Senior Member
2,262 posts Joined: Jul 2013
|
QUOTE(budak minyak @ Apr 8 2016, 09:58 AM) So both of u guys dont think its a good buy for investment? OMG, I just put a booking rm20k yesterday for 2 units there, thinking of flipping it in 3-5 years time. depends how much you want to sell for flip.700k-850k, yes 850k-1mil, unlikely >1mil, dreaming below is the denai alam 20x70 $ psf based on transaction price. 
|
|
|
Apr 8 2016, 10:43 AM
|
|
Junior Member
257 posts Joined: Jan 2014
|
QUOTE(mingyew @ Apr 8 2016, 10:01 AM) personally think if you want to see a very good return, u need to survive for 8-10 years, or small profit like 50k per unit for short term. the salesman said once it completed in 2 years time the price potentially go up to 750k...dont know true or not...finger cross... |
|
|
Apr 8 2016, 10:46 AM
|
|
Senior Member
4,177 posts Joined: Jan 2003
|
QUOTE(budak minyak @ Apr 8 2016, 10:43 AM) the salesman said once it completed in 2 years time the price potentially go up to 750k...dont know true or not...finger cross... actually u can refer to other new township transaction price from 2015 to 2016.dont compare few years back liao, that one is like once in a blue moon. |
|
|
|
|
|
Apr 8 2016, 10:49 AM
|
|
Junior Member
628 posts Joined: Sep 2011
|
QUOTE(budak minyak @ Apr 8 2016, 10:43 AM) the salesman said once it completed in 2 years time the price potentially go up to 750k...dont know true or not...finger cross... well you can go around asking any price u want, but transacted or not is another issue...keep in mind, in another 2 years from now, there will be other houses from other phases that will flood the market also.. |
|
|
Apr 8 2016, 10:50 AM
|
|
Senior Member
1,455 posts Joined: Dec 2007
|
Seems like many investors only. Where's all the first time home buyers?
|
|
|
Apr 8 2016, 10:50 AM
|
|
Senior Member
2,262 posts Joined: Jul 2013
|
QUOTE(mingyew @ Apr 8 2016, 10:46 AM) actually u can refer to other new township transaction price from 2015 to 2016. that right, SD seem like to take subsale on own township nearby as price benchmark.dont compare few years back liao, that one is like once in a blue moon. ie elmina east phase 1 vs denai alam on 2013, slightly higher ie elmina west phase 2 vs denai alam on 2016, almost equivalent |
|
|
Apr 8 2016, 10:51 AM
|
|
Junior Member
257 posts Joined: Jan 2014
|
QUOTE(elmond @ Apr 8 2016, 10:42 AM) depends how much you want to sell for flip. Thanks...u made my day....hopefully my investment will be fruitful....if can get 850k i would be more than happy 700k-850k, yes 850k-1mil, unlikely >1mil, dreaming below is the denai alam 20x70 $ psf based on transaction price.
 |
|
|
Apr 8 2016, 10:53 AM
|
|
Junior Member
628 posts Joined: Sep 2011
|
QUOTE(thecaterpillar @ Apr 8 2016, 10:50 AM) Seems like many investors only. Where's all the first time home buyers? yes you are right, most likely 50% of potential buyers are flippers...maybe those flippers hv high holding power, we will see.. |
|
|
Apr 8 2016, 10:55 AM
|
|
Junior Member
628 posts Joined: Sep 2011
|
QUOTE(budak minyak @ Apr 8 2016, 10:51 AM) Thanks...u made my day....hopefully my investment will be fruitful....if can get 850k i would be more than happy 850K will be wishful thought...its very unlikely it will enjoy such kind of appreciation within such tight timeline, good old days are gone... |
|
|
Apr 8 2016, 11:00 AM
|
|
Senior Member
2,262 posts Joined: Jul 2013
|
QUOTE(LDP @ Apr 8 2016, 10:55 AM) 850K will be wishful thought...its very unlikely it will enjoy such kind of appreciation within such tight timeline, good old days are gone... he means 3-5 years, so vp phase competition gone. 5 years with 850k still doable |
|
|
|
|
|
Apr 8 2016, 11:05 AM
|
|
Junior Member
46 posts Joined: Feb 2016
|
QUOTE(elmond @ Apr 8 2016, 11:00 AM) he means 3-5 years, so vp phase competition gone. 5 years with 850k still doable possible only if low dense |
|
|
Apr 8 2016, 11:09 AM
|
|
Junior Member
257 posts Joined: Jan 2014
|
if the house got number '4', can we change it to 3A? how's the process like? is it complicated?
|
|
|
Apr 8 2016, 11:12 AM
|
|
Senior Member
2,262 posts Joined: Jul 2013
|
QUOTE(budak minyak @ Apr 8 2016, 11:09 AM) if the house got number '4', can we change it to 3A? how's the process like? is it complicated? RM100 at MBSAhttp://www.mbsa.gov.my/en-my/mbsa/perkhidm..._no_premis.aspx |
|
|
Apr 8 2016, 11:13 AM
|
|
Senior Member
2,262 posts Joined: Jul 2013
|
QUOTE(richardkong @ Apr 8 2016, 11:05 AM) possible only if low dense do define your low dense.denai alam was 8 units/per acre, elmina not sure |
|
|
Apr 8 2016, 11:26 AM
|
|
Junior Member
257 posts Joined: Jan 2014
|
QUOTE(elmond @ Apr 8 2016, 11:12 AM) Thank you so much sifu !  |
|
|
Apr 8 2016, 12:08 PM
|
|
Junior Member
18 posts Joined: Dec 2012
|
QUOTE(budak minyak @ Apr 8 2016, 09:58 AM) So both of u guys dont think its a good buy for investment? OMG, I just put a booking rm20k yesterday for 2 units there, thinking of flipping it in 3-5 years time. How many units left available?   |
|
|
Apr 8 2016, 01:17 PM
|
|
Junior Member
257 posts Joined: Jan 2014
|
QUOTE(KTK-L @ Apr 8 2016, 12:08 PM) How many units left available? Another 30% left. About 80-90 units if im not mistaken. |
| Change to: |  0.0290sec
 0.51
 6 queries
 GZIP Disabled
Time is now: 9th December 2025 - 11:00 AM |
Quote