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Investment SUNWAY BELFIELD RESIDENCE KUALA LUMPUR, Sunway gearing up for 2020 New Launch

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Ask.Property
post Dec 9 2020, 05:09 PM

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QUOTE(DesRed @ Dec 3 2020, 03:51 PM)
Wonder how much sales can be squeezed out of this situation, even when 3rd party SAs are given the green-light to market it... hmm.gif
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sales will still be good, just a matter of the loan margin that will be getting haha.. alot ppl made money from stock market willing to pay more on downpayments
propertyowner
post Dec 9 2020, 06:28 PM

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QUOTE(Ask.Property @ Dec 9 2020, 05:09 PM)
sales will still be good, just a matter of the loan margin that will be getting haha.. alot ppl made money from stock market willing to pay more on downpayments
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to be exact sales will only be good for the smallest units only. plenty of units to choose beyond that, so the rests would suffer slow take up just like Sunway Serene..
Ask.Property
post Dec 9 2020, 09:16 PM

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QUOTE(propertyowner @ Dec 9 2020, 06:28 PM)
to be exact sales will only be good for the smallest units only. plenty of units to choose beyond that, so the rests would suffer slow take up just like Sunway Serene..
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for that location i think will attract only own stayers for their larger size units for the price point they have for the first phase, but subsequently, really need more agents to push the sales already
Babizz
post Dec 9 2020, 09:30 PM

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This could be one of the best bets in many many months.

Price n location n product is sibeh ok.

Just remember that it's v close to the cemetery!

DragonReine
post Dec 9 2020, 11:01 PM

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QUOTE(Babizz @ Dec 9 2020, 09:30 PM)
This could be one of the best bets in many many months.

Price n location n product is sibeh ok.

Just remember that it's v close to the cemetery!
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Really good for growing families 👍👍 I like that it's near schools and access to city.
dlttdltt
post Dec 10 2020, 02:12 AM

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QUOTE(Babizz @ Dec 9 2020, 09:30 PM)
This could be one of the best bets in many many months.

Price n location n product is sibeh ok.

Just remember that it's v close to the cemetery!
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Closer to cemetary more Ong.
Babizz
post Dec 10 2020, 09:25 AM

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QUOTE(dlttdltt @ Dec 9 2020, 12:12 PM)
Closer to cemetary more Ong.
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Also no commercials within closest walking distance is another major minus point.

If buying facing Merdeka there's also the risk of the site infront being developed.
ZackQ
post Dec 10 2020, 09:51 AM

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QUOTE(Babizz @ Dec 10 2020, 09:25 AM)
Also no commercials within closest walking distance is another major minus point.

If buying facing Merdeka there's also the risk of the site infront being developed.
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Commercials take monorail 3 stations to Pavillion lor
Lazy walk then drive, 5 mins can reach mid valley
Wants in front doorstep, then go Velocity 2 lor

Well, facing Merdeka side which in front might be blocked I think is a known unknown right
surf-it
post Dec 10 2020, 12:10 PM

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I think with the price point of 700psf, sunway price it fairly lah, wont say is super cheap - but for own stayer who prefer city location, can consider.

Sales wont be super fast I foresee, due to the larger unit size and bigger quantum
panda@KL
post Dec 10 2020, 02:01 PM

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No hurry to buy..

Given current economic outlook, got more opportunities, or buy this 2 years later, save progression interest
Lucky_Wishes
post Dec 10 2020, 02:57 PM

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QUOTE(panda@KL @ Dec 10 2020, 02:01 PM)
No hurry to buy..

Given current economic outlook, got more opportunities, or buy this 2 years later, save progression interest
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yes, can save 2 years progression interest but sunway may increase the selling price after 2 years brows.gif
no6
post Dec 10 2020, 03:23 PM

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QUOTE(propertyowner @ Nov 30 2020, 12:37 AM)
Logically, 750 psf will be bigger size units whereas 850 psf for the smallest; before price-in the floor premium pool premium total carparks etc.

Also to note, this is nett discounted price on the 1st 10% from a higher gross price.
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was made to understand starting 700psf for bigger units and 750psf for smallest unit
approx. 600k onwards for 2r2b, good deal ?
DragonReine
post Dec 10 2020, 03:36 PM

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QUOTE(no6 @ Dec 10 2020, 03:23 PM)
was made to understand starting 700psf for bigger units and 750psf for smallest unit
approx. 600k onwards for 2r2b, good deal ?
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Good deal for proximity and accessibility to schools and major business/commercial centres. The immediate vicinity is still underdeveloped however, very aged buildings, and density is high.
ZackQ
post Dec 10 2020, 03:39 PM

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QUOTE(no6 @ Dec 10 2020, 03:23 PM)
was made to understand starting 700psf for bigger units and 750psf for smallest unit
approx. 600k onwards for 2r2b, good deal ?
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as previous post mentioned, the location is middle of nowhere but it also close proximity to CBD
daily amenities is not walking distance

Babizz
post Dec 10 2020, 03:45 PM

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QUOTE(panda@KL @ Dec 10 2020, 12:01 AM)
No hurry to buy..

Given current economic outlook, got more opportunities, or buy this 2 years later, save progression interest
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With excessive QE globally, would this be priced the same in 2-3 years??
panda@KL
post Dec 10 2020, 05:42 PM

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QUOTE(Lucky_Wishes @ Dec 10 2020, 02:57 PM)
yes, can save 2 years progression interest but sunway may increase the selling price after 2 years  brows.gif
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Yeah, thats a possible outlook.

I will monitor the pick up rate. If nobody rush, I also dun rush. Haha
panda@KL
post Dec 10 2020, 05:51 PM

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QUOTE(Babizz @ Dec 10 2020, 03:45 PM)
With excessive QE globally, would this be priced the same in 2-3 years??
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That probably will cause the price further.

However, US hasnt fully absorb the 2009 QE. It's actually a risky option that Federal Reserve open the pipe again, once COVID is over.

So, I personally will think it's gonna stagnant or very gradual rise, unless there is technology outbreak, such as AI, block chain, electrical car mass production. etc.
MalaysiaSK P
post Dec 10 2020, 06:11 PM

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Bandar Malaysia is just located at the bottom right? Knowing that Bandar Malaysia itself will provide 10,000 units of affordable houses in the development.
DragonReine
post Dec 10 2020, 06:57 PM

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QUOTE(MalaysiaSK @ Dec 10 2020, 06:11 PM)
Bandar Malaysia is just located at the bottom right? Knowing that Bandar Malaysia itself will provide 10,000 units of affordable houses in the development.
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Different product different crowd 🤔 I doubt affordable housing will be more than 1000 sq ft based on current trends. Belfield current unit sizes and psf you need to be at least RM5000+ a month income for the household to afford most of the units.
Babizz
post Dec 10 2020, 07:33 PM

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Meanwhile, he said, PNBMV was looking to defer the launch of the residential towers, originally slated for the end of this year, to Q4 of 2021.

https://www.nst.com.my/news/nation/2020/10/...fter-mco-delays

Can see the Merdeka masterplan below
https://www.merdeka118.com/

How much would the residences in this Merdeka cost?

This post has been edited by Babizz: Dec 10 2020, 07:36 PM

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