PM me too with the insider deal. Thank you

Beware of the bulk purchase deals

https://youtu.be/YgdwDwJySGo

For benefits of non-mandarin speakers, the key points by Tony Guru about bulk purchase are as follows:

1. Make sure the bulk purchase deal you entering is in line with or lower than market value of surrounding properties.

2. Perform your diligence on the developer reputation and their track record.

3. Check the profile of your fellow bulk purchasers profile - avoid speculators who won't hesitate to go highly gearing entering such deals - this may lead to future foreclosures and causing a sharp drop in your property value

4. Measure your own head before buying your cap. Don't buy properties which you cannot afford the monthly installment and maintenance.

And lastly, caveat emptors - if the developers offering reasonable deals to the market in the first place, why do they have to resort to bulk purchase to clear their inventories?

Not sure if I agree with all his points (as he darn sure has his own vested interests making such claims - if not mistaken, he's a leader of property agency himself) but some are best kept for own's consideration before going into bulk purchase deal.

This post has been edited by BoonieTan: Jul 11 2020, 02:27 PM

https://www.edgeprop.my/content/1710210/rep...-kl-land-rm138m

This land is the adjacent land to OneCochrane right? Hmm wonder what Binastra has in pipeline...Will their project complement or jeopardise this project?

Another property player to look out for in the area is UDA Holdings (PR1MA Jubilee & Legasi Kg Bharu).

They were planning to launch Legasi Cochrane + some rumahwips a few years back but it got shelved. Land bank still there though so launch can be anytime.

Realise his criteria is very similar to FAR 7 property investment rules.

R they related?

Hi, I’m interested please pm me

Per the article pipeline are office, hotel and service apartment good luck to them purchasing the land @ 1K per sq ft

Hi pls pm deals

Interested. Pm me as well
Thanks

Done

If it's next door to this project, does that mean that it's Phase 2 is no longer in the plan already?

Or is it the other plot directly across from MyTown which is currently occupied by Gamuda's worker quarters for the ongoing MRT2 construction project?

Special price ah
Pm me
Interested to buy one

If from another view, build 1.38k units service apartments there, land cost alone is 100k?? But that's 400 units per acre...

What question is question boy asking here? 100k land cost is pluck from sky?

Oops, is okay, intelligence restricted ur math as well.. 1.38mil /1.38k unit =100k..

Edit: 138mil.

This post has been edited by WahBiang: Jul 12 2020, 01:07 PM

1.38mil/1.38k = 1k la dumb...

Also is the land costs calculated that way? Sounds noob tho..

You two ah..

Its 138 million.. divide 1.38k then is 100k per unit for land cost la

Nice, not bad, then if 138mil /1.38k = ?
Again, do read comments in full...