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Investment Elmina by Sime Darby, Near Denai Alam

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kokwah18
post Feb 23 2016, 03:42 PM

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QUOTE(emeryn @ Feb 23 2016, 03:16 PM)
so far how many phase in Elmina gardens is done and ready to move in? and what's the occupancy looks like now?

btw, I aw this iproperty ad.
http://www.iproperty.com.my/propertylistin...eYDzTpS6rWou.97

Elmina crista from developer was RM888,888 . This person selling at RM910,000... Seriously?!!!!
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What is the issue? They want to reduce the risk. In current unpredictable economy environment, better sell it out rather than holding it. If still thinking for gaining big profits, I doubt that they can sell it out immediately.. As there are many sellers, little buyer. Buyer also hard to get bank loan now.
kokwah18
post Feb 23 2016, 05:00 PM

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QUOTE(honyosan @ Feb 23 2016, 04:34 PM)
If u lose ur job and ur cash flow can only last for 6 months, are u still wanna sell for 1m above and wish all the best that u can find another high pay job very soon? The smart investor will just let go the property even it will suffer loss
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Somemore, elmina is just newly developed area. Not a lot buyer keen to buy, in addition lacking facilities and amenities too
kokwah18
post Feb 23 2016, 06:02 PM

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QUOTE(utellme @ Feb 23 2016, 05:28 PM)
Maybe the seller is SD employee and also a bumi.  he may paid for RM888.888 minus 5% staff + 7% bumi = RM782,XXX only.
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Smart...
kokwah18
post Feb 25 2016, 08:26 AM

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QUOTE(BRE @ Feb 24 2016, 07:50 AM)
I find 20x60 too small, if it is 20x70 selling at RM596K then it would be good. Free MOT & SPA but loan fees owners pay. Prime Card member will get rebates.
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Very small
kokwah18
post Feb 25 2016, 03:01 PM

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QUOTE(Victor3010 @ Feb 25 2016, 12:12 PM)
60 feet is really short for that width!
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Any design? Even buy 2 unit next to next, also not big 40x60..
kokwah18
post Feb 25 2016, 04:41 PM

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QUOTE(BRE @ Feb 25 2016, 04:21 PM)
With or without STP I think this Saturday will be BBB days as the price is below 600K, more affordable for most ppl.
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Occupancy on denai alam is damn low. Suspecting most of the units are bought by their internal staff for investment. And now, some properties are sold just to cover their interest without earning much.

For middle income buyer, why they wanna buy small house?. Who is their target buyer? Funny also
kokwah18
post Feb 25 2016, 04:47 PM

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QUOTE(mangoproperty @ Feb 25 2016, 04:38 PM)
Balloting system, so I guess no need to go at midnight.
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Funny, still need balloting..
kokwah18
post Feb 25 2016, 04:49 PM

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QUOTE(meonkutu11 @ Feb 25 2016, 04:47 PM)
there is one area in denai alam called "Celebrity Corner" ---- Ella, Amy Search, Ashraf Sinclair & Bunga Citra Lestari living there.... smile.gif
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Which area? Astellia?
kokwah18
post Feb 25 2016, 05:08 PM

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QUOTE(meonkutu11 @ Feb 25 2016, 04:53 PM)
Maple Terrace...also a few pilots also staying there.. smile.gif
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Maple terrace is nice, 30x80 - 3 storey. I love d design too. Last unit sold on last december is 1.1mil..
kokwah18
post Feb 25 2016, 06:03 PM

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QUOTE(BRE @ Feb 25 2016, 05:37 PM)
Because it is affordable ma bro! Target buyers should be middle income earners looking for own stay or investment. Landed props always a good choice to get capital appreciation.
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500-600k is not affordable. Even luxury condo costs around 500k. I saw luxury condo, puchong aurora costs around 500k..
kokwah18
post Feb 28 2016, 05:21 PM

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QUOTE(csdarkjedi @ Feb 28 2016, 03:09 PM)
Yeap today drop by to see, only left corner for almost RM1m.
No rebate indeed.
This Phase 1 is facing Bukit Subang low cost right?
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Yes, low and medium cost area
kokwah18
post Feb 28 2016, 08:59 PM

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QUOTE(BRE @ Feb 28 2016, 05:57 PM)
Wow response is good even tho location nt so good? Mayb many investors find d price ok?
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Agreed, still a lot rich investorssssssssssssssssss
kokwah18
post Mar 14 2016, 08:05 PM

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QUOTE(jonn zee @ Mar 14 2016, 02:02 PM)
20x70.. bigger by 10' leh the land.. how can be just 10%..
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Noob, only 10% increase - shud be at least 30% kua
kokwah18
post Mar 28 2016, 06:25 PM

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Forget about this project too. Lol.

 

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