Boss if DPC ok??? Slightly higher than ur budget.
If not mistaken 2 units, its 1.35mil each in Nadia. However, I falied to contact owners. Heard fr management tat owners might just settle prior to auction. So stil unsure if can c tis 2 units in auction.

Palm oil down,
Gold down,
Silver down,
Oil down,
Stock market down,

What next?

Property down?

Yeah.... I don't see the potentiality of going back to 1800 in short term of 1-2yrs....

Do you think the prices of the houses in Malaysia will go down?

Developers are already paying interest under DIBS and priced in.

Under current arrangement, in event of cost over run, developer could abandon the project and leave buyers high and dry. Under BTS, the developer could priced cost over run into selling price, and buyers need not to bare the completion risk.

Developers are the party making millions, why should buyers bare construction risk, market risk, completion risk for developers?

May be you like to elaborate more; "Also with this BTS, people will feel that 2nd hand properties have no much difference from 1st hand properties, thus this will push up prices in secondary market. Overall, BTS will only push up both 1st hand and 2nd hand properties."

Yes, u are right bro. So i choose a boat which i think it is not overloaded. If u think it is overloaded then u can walk, everyone have their own preference....nobody force u to go on board ma 

just be reminded that unbeatable boat is not exist in this world..

Yup, and not counting insanely pricey psf like Cloudtree Cheras or Vina Versatile at 500-600 psf. Or mad prices in Puchong and Putrajaya.

Or that SDB project in Balakong.

Under 400psf

Especially for location so far away, high density, mid- to low-end range homes such as the above.

Ideally for those location some way out of KL - 1000-1200sqft should be around RM400k max.

Of course they have money, borrowed money in the form of credit cards!!!! Nowadays more banks can offer cards on the spot... lol!!! same approach to property (DIBs) a.k.a buy now, think and pay later... hehe... what an excellent concept.

Oh on the question about building/ lifestyle concept and the value attached to it... Even if you build a Marc Residence concept in some far away outskirts which is >20km from city centre... its still outskirts... look at the vicinity what do you have there? Aside from an MRT station... You'll be driving through low cost residence/ shop lots everyday to get to your so called high-end condo smack in the middle of no-man's land... I think selling on build concept is over-rated. Its still all about the location you stay in and the availability of luxuries in that area... no point paying 500psf and still having to drive to city centre to buy what you need / want in terms of high street brands.

Not really, its more like - the shop design looks like Armani and the clothes looks like Armani but actually its a cheap knock-off and quality of material/ workmanship is not up to par... furthermore the shop is located, not in a shopping complex but a shop lot with no air-conditioning, located in some far away place... your neighboring shops are not Versace or Gucci but its a chicken rice shop and car garage... lmfao!!!! End of the day... this fake shop sells its product at 70% of the real Armani... now you tell me... what value you gonna place on it (as a percentage of the real deal)?

Reality, there would be some who would be willing to buy it and walk around in them... but people who really know Armani can tell the difference... Its like LV, nowadays you just see a while bunch of people using it, but when you take a closer look... my god!!!! Wouldn't be caught dead with one of those... however, there are still people who use them... sorry to say it, no offense intended... but I think it's pretty low class... apologies... If you can't afford it get something you can afford instead of paying for an overpriced knock-off that actually brings less value.

By doing so it also brings the value of the real brand down... imagine have The Oval - KLCC (real thing) and The Oval - Klang Meru... ROFLMAO!!!... My god... i can just imagine the conversations... oh where do you stay..., the Oval..., oh, the one near KLCC... no its actually in Klang... ROFLMAO!!!!..... Yikes...!!! scary thought... I guess same goes for like add on "Hartamas" "Kiara" or whatever it is... just do pathetic and cheap.. Again no offense intended to those staying in those areas... The above names are used as examples only.

Assume property is 100m2, developer cost is RM3,000/m2, buyer pay RM5,000/m2, 100% financing, drawdown every quarterly, from first drawdown to completion is 24 months (total 9 drawdown).

If BOTH developer and buyer is paying 6% interest;
Developer's total bank interest payment is RM25,425 vs Buyer's RM42,375.

If developer's interest rate is 6% and buyer's 4%;
Developer's total bank interest payment is RM25,425 vs Buyer's RM28,250.

As buyer is paying interest on selling price (RM500k) and developer is paying on cost price (RM300k), buyer's interest payment is hard to be lower than developer's.

What about buyer's interest payment?

Super wrong analogy. 

i sell clothes. Selling at RM20 (by the way your example of selling price of RM6 per pair is lower than the cost price of the developer. Cannot brain).
i ask around. confirm 100 orders for shirt + pants, then only i confirm to start work. but before start work i request the 100 confirmed orders to pay me RM2 to buy the cloth first. BUT the catch is customer need to borrow RM18 from the bank as well.
hence i pocket rm200 to buy cloth.
i buy the cloth with rm80. use rm20 + bank borrow rm200 to buy sewing machine. I use remaining RM100 to start new project to sell to other customers. "Roll" mah! Hehehe!
i sew the two shirts and 50 collars and show my customers. customers ok and pay additional rm8. i gather rm800 now to pare down my loans and also use rm80 to buy cloth again and additional rm50 for packaging material AND also to roll again and start new project. Then I buy new BMW. And a new Bungalow too in Sydney.
i sew some shirts now - but then not enough cash after paying downpayment for my new beemer, so I replace with low quality cloth and cos I got too many projects, simply simply do lah. Bo jio. After all this suckers already paid in full already what. hehehe.
Shirts finish, some customers not too happy. I planning to start another project but then banks call the loans in. Shit!

I run away to my Sydney house, use some money to kautim some ministers in KL. No problem!

As for buyers, well, they got a shirt what. The pants, belakang kira la. Those ministers I didn't pay for nothing ok. Property only ever goes up. Semua-nya ok.

I think that's way off point.
We're talking about high-end/ lifestyle concepts developed in no man's land and being sold at prime area prices.
Hope you read properly before doing a 407. haha!