Looks like it’s 38 sen psf. So not particularly cheap. Mind you there’s a lot of big sized units.

It is almost RM 4.09 per share unit. This was per determined by the developer or have been revised recently ?

Really not cheap, I heard the MC/JMB is doing restriction to owners to lease out. Only can be tenanted to the locals or expats , is it true?

If this is true, good for owners because the value will not drop so much.

If half occupied by foreign workers, the value will dropped till RM$200/sqft at this area

The price has dropped to the point where it’s almost like budget accomodation. The demographics of the area is what it is - factory workers and refugees. Don’t know if it’s feasible to keep these types of tenants out if they are willing to pay.

Most owners would keep their mouth shut about this as the bleeding has become severe blood loss.

This post has been edited by Cavatzu: Dec 20 2022, 12:38 PM

$375k is a lot for a half peace of mind elsewhere. Property is one ticket that you want it to be a peace of mind purchase

This is the second time SDB screw over buyers (that I know of).
Windows on the park is also a very nice development not in a prime area, but of coz selling at prime prices and we're are still looking at units being lelong up to this very date. I think the only recourse for Sqwhere, is partition play, no other way.

I don’t think you can do much better at that price point. Yes if you paid 800k+ for it which was SPA price then yes 😭. This is still technically a TOD with SDB build quality - there is a floor price for sure. The only thing that will degrade the price further is if only degenerates live in the project.

Bro, re-read my sentence there in 'a half peace of mind... '

This post has been edited by jojolicia: Dec 20 2022, 01:29 PM

Don’t get it. The mind has already gone when the value of your property has gone down by half. This is pretty much a floor price for a 1k sqft unit. So I think there’s relative peace of mind at this price point or lower.

But WOTP still KL address wor, SQ is literally kampung

As someone who live nearby that area, I have always seen the factory went up on flames at times.
I don't have proof but I suspect it's to claim insurances when business is low.

Other reason could be the populations problem that is infested mostly with migrants

all day all night

to those that dont believe me? come visit night market on thursday night behind the kampung baru sungai buloh side

wanna go darker?

go visit daikin warehouse 2 on sundays

you'll have hard time believing that this is malaysia

Yeap, the entire area basically.
Not sure what's the developer previously smoking that can claim to turn all this around and become better than DPC

Sorry, may be my comprehension problem.

I try again.
I was replying to your post <wonder why 375k for 1k sqft; 6 round lelong no taker? >

I replied, 375k is a lot. Considering it a half peace of mind, a buyer can buy elsewhere (other development from here) knowing the prospect of this lelong unit

This half peace of mind here means 375k, can already pay 50% of a better 750k value property elsewhere.

I further mentioned, buy a good property is akin buying a piece of mind. Thus, 375k is buying half piece of mind elsewhere than here.

This post has been edited by jojolicia: Dec 20 2022, 04:25 PM

Oh crap when it becomes like this 💩 then game over. Locals won’t want to live here own stay or not.

I won’t slap my family but have to give extra ang pao to the kids during CNY.

It is expected, the whole piece of land adjacent to Kwasa Land is actually Sg. Buloh industrial land - there are a lot warehouses & factories behind the Kg Baru Sg Buloh. Hence it is norm to have the foreigners living nearby at the present. What the buyer believe is that the industrial land will be relocated in the future because land at the prime area is getting scarce - something similar like PJ Section 13 and 14 industrial land converted into residential in the future. The early buyers buy in the hope that they can enjoy the early mover advantage but what they didn't realize, they already paid for the premium / expected to be made in the coming years.

This post has been edited by nihility: Dec 20 2022, 03:46 PM

Aha, you think KL address can get you out of jail right?
Simply with WOTP, a whole development of biggies, it would make sense if only WOTP is transported entirely to MK.

Also kampung is not all doom and gloom, it has its intrinsic value.

But SQ is nowhere close to kampung. This area is more like a condo built in the middle of Klang port

Relocate? Wait for another decade or 2, unless there are deep pocket player willing to splurge.

In the future - yes. 1 decade or 2 decade, no one know. See how fast the adjacent Kwasaland getting mature.

My point is if both side to side, WOTP value will recover or raise faster than SQ la, no point saying "if transported to MK"