It is extremely unlikely for the developer to default though... Since the money u paid is stored in HDA account. If they have sold more than 80% of the property the construction cost is already paid. Leftover are just profits.

ok i should provide more complete infos.  so here it goes, check them out , for those who wana do own research.

Projects nearby to compare, current value (take note on sqft)
https://www.iproperty.com.my/sale/klcc/all-...operty=Continew

https://www.iproperty.com.my/sale/all-resid...ial/?q=Velocity

after looking at the numbers, i felt that the price of OC is more fair, if intend to do investment, keep and sell for capital gain. again im not doing recommendation, my pov.

Rental potentials: (check out the median, average or which ever way u prefer) for me, i won't look at too low or too high (some even goes up to 4k, i prefer being more realistic but not pessimistic)

https://www.iproperty.com.my/rent/all-resid...ial/?q=velocity

https://www.iproperty.com.my/rent/kuala-lum...nway%20Velocity

of course, these are completely different projects. but even property gurus use nearby projects to compare rite.

tbh, due to personal preference, i wont buy for own stay la. i will buy for investment, because of the upcoming trx. also, it's no my preferred area - more to further away from city the better type   
all the best and happy analysing. hope this helps.

for those who pm-ed, to be fair, i did provide more detailed analysis because some are P&C and only for serious investors.

Hi madd, I rough estimate around 65% Own stay. many are foreigners buying too but buying for own stay purpose.

this fella actually go paste stats in every development.

updated or not...

developer sure say sold out left the last unit 

This webpage doesn’t indicate when was it updated. I checked through the stats on this kpkt. A lot of stats outdated. Most recent also up to year 2015 😰

The data is not updated. As we know sometimes it takes even up to few years for land and survey to capture sales also no? So I believe it’s lagged

Ok I see where ure coming from 👌  Just from experience ya, some it won’t be so fast one to be reflected esp in land and survey that’s why I believe the lag in the data of this, I’m not doubting the credibility or efficiency.  Also, again speaking from experience, oc now waiting list open. If sales not good, why need open waiting list le.

Smart investor will be able to differentiate that and identify growth triggers and make wise investment decision with enough studies, regardless what the developer is trying to push.

Type 1,2 and 7 sold out

actually it doesn't matter ... what matters is data speaks for itself... and investment should be like that too, not based on emotion, but data, research.

source:
https://www.thestar.com.my/business/busines...r-manufacturing
https://tradingeconomics.com/malaysia/manuf...month%20earlier.

Can read more about property cycle: https://www.starproperty.my/news/investment...ty-cycle/114518
Also important to consider the property market cycle..
Of course we are not yet at the recovery / stabilisation part yet but as seen very recently government initiatives to stimulate economy (whether want to be taken positively or not, no convincing here, just sharing what I know because I’m not here to convince anyone, just providing another POV ) it seems like we r getting there. Bottom won’t be forever. N those who knows how to make good use of opportunity will make use of this time and the initiatives to their benefits. 

No need to guess…if the property is under HDA can walk in to kpkt to enquire on the project status..

Second indicator is to see whether the site got movement for the past 6 months anot…

Both should be doable given there is a large buyer group with collective action

Laymans are better to buy completed units, undercon proj are for sophistocated investors…

Wun have such hassle in the first place if buyers bought completed unit, u pay what u get, then this forum posts wun be so long ady haha

As of 28th September still under projek sakit list. Don't see this happening to other projects in the Maluri or Cochrane area LOL