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Investment TRACKING KLANG VALLEY NEW PROPERTY PRICE PSF, Reporting the latest PSF around

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rawrkun
post Jun 24 2013, 10:49 PM

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As long as the buying continues, those bloody developers/agents/speculators will continue to push the price...
and people will continue chasing them, thinking that it will appreciate and it will be beyond their reach if they don't buy now....
the sharp spike in property pricing has more than justified the increased cost of construction materials and is only purely driven by greed and the herd mentality.

Half a million for a shoe-box apartment is a bloody JOKE!!!!!!

This post has been edited by rawrkun: Jun 24 2013, 10:51 PM
raja lau
post Jun 24 2013, 10:51 PM

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QUOTE(accetera @ Jun 24 2013, 10:19 PM)
My new project is compiling the indicative psf for the following new highrise projects... mari-mari help share share and add input!!!
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Good tabulation. I waiting for all dai gors' sharing of the price. tongue.gif tq tq.
lqcevox
post Jun 24 2013, 11:00 PM

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QUOTE(raja lau @ Jun 24 2013, 10:51 PM)
Good tabulation. I waiting for all dai gors' sharing of the price.  tongue.gif  tq tq.
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Ya, kindly list down the price so we know which place still undervalue smile.gif
zuiko407
post Jun 24 2013, 11:03 PM

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QUOTE(accetera @ Jun 24 2013, 10:42 PM)
Aiya sure can lah... if just one project sell at RM5k.

Pavilion extension land already sold for RM7,209 psf back in 2010.... and they are planning to launch "elite" residences there with hotel + pavilion mall extension. I hope they don't undervalue the psf... hahaha.
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Currently the highest record is RM3k psf

This post has been edited by zuiko407: Jun 24 2013, 11:03 PM
zuiko407
post Jun 24 2013, 11:05 PM

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QUOTE(kochin @ Jun 24 2013, 10:36 PM)
5 years from ???
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I think he mentioned this early last year if I not mistaken
zuiko407
post Jun 24 2013, 11:09 PM

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QUOTE(kochin @ Jun 24 2013, 10:36 PM)
5 years from ???
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http://theswhengtee.blogspot.com/2011/01/m...rm5000.html?m=1

He mentioned it since 2011
kochin
post Jun 24 2013, 11:32 PM

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so another 3 more years to go to see his predictions becomes true or not
Sheep9
post Jun 25 2013, 12:28 AM

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QUOTE(zuiko407 @ Jun 24 2013, 10:32 PM)
Gavin Tee said city area can reach RM5k psf within 5 years, will see how accurate is he!!
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If built-up 100sf x rm5,000.00 = rm500,000.00
boss ok or not? rclxub.gif
zuiko407
post Jun 25 2013, 10:14 AM

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QUOTE(Sheep9 @ Jun 25 2013, 12:28 AM)
If built-up 100sf x rm5,000.00 = rm500,000.00
boss ok or not?  rclxub.gif
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Definitely not ok.
But Gavin is mentioned golden triangle area, means KLCC, Bukit bintang etc.
Now market price in city area about 1.2k to 1.8k psf, or more, new launch more than 2k psf, record price 2.9k psf @ binjai on the park, huge built up, another record price 3k psf @ four seasons place, huge size with 11.9k sf built up, price more than RM30 mil.
I think Gavin is not saying all super condo in city are selling 5k psf, he's saying price will hit 5k psf means that a single launch or unit sold at 5k psf, then what he predict is right.
Anyway! I'm not fully believe that, I'm still 50:50 on his statement, will see how accurate his prediction, or just bullshit??
So, whether 5k psf or 3k psf located in golden triangle, it'll definitely not for you and me, hope this answer your question " If built-up 100sf x rm5,000.00 = rm500,000.00
boss ok or not? rclxub.gif "
AMINT
post Jun 27 2013, 03:29 PM

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QUOTE(zuiko407 @ Jun 24 2013, 10:32 PM)
Gavin Tee said city area can reach RM5k psf within 5 years, will see how accurate is he!!
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LOL.. kakaka
faReZheLmi
post Jun 27 2013, 03:40 PM

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haha. even though it sounds funny. but it is possible. hopefully the price wont go to that level in 5 years. -.-

This post has been edited by faReZheLmi: Jun 27 2013, 03:41 PM
david_cheong2002
post Jul 2 2013, 03:19 PM

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The Vyne is about RM 450 psf, new block will be RM 550++ psf
TSaccetera
post Jul 2 2013, 04:05 PM

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8 Kinrara is >RM600 psf...
qingxing
post Jul 2 2013, 04:56 PM

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Yes, possible to hit 5k psf. Fresh graduate like me can only live in our cars.
savants
post Jul 2 2013, 05:42 PM

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We will be like HK one day... its just matter of time. Mostly new launch in PJ n KL area hits 500-700psf ... many sold out like hot cakes... for those who r still waiting 300-400psf... keep waiting... maybe Seremban or Ipoh is your next target
faReZheLmi
post Jul 3 2013, 11:44 AM

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QUOTE(savants @ Jul 2 2013, 05:42 PM)
We will be like HK one day... its just matter of time. Mostly new launch in PJ n KL area hits 500-700psf ... many sold out like hot cakes... for those who r still waiting 300-400psf... keep waiting... maybe Seremban or Ipoh is your next target
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i think mostly new launch in PJ and KL area hits 900 - 1,000 psf already.
cybermaster98
post Jul 4 2013, 04:47 PM

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Tropicana Metropark, Subang available studio units in Block A are about RM 745psf and above. Block B few more units available on lower floors for RM 602psf. Both after discount prices. Studio sizes for are 599sf and 596sf respectively. But Block B faces the high tension cables and TNB substation.

This is Phase 1 launch. Phase 2 is expected to be launched year end at around RM800 psf. By the time they launch Phase 5, prices would be RM 1,000 psf and above i think. Entire development will take 12 years and at 88 acres its among the biggest in the Klang Valley rite?
Helius
post Jul 4 2013, 06:43 PM

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No doubt all PJ and KL new launching hitting 1000psf very soon....
liam_emmet
post Jul 4 2013, 11:06 PM

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who is gavin tee?
TSaccetera
post Jul 5 2013, 12:51 AM

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QUOTE(liam_emmet @ Jul 4 2013, 11:06 PM)
who is gavin tee?
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The mainstream media called him: "The biggest and most covered property guru/investor and owner of malaysia's largest property investment club"



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