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Investment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel

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propertyowner
post Jul 1 2020, 05:40 PM

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QUOTE(SongChiang @ Jul 1 2020, 03:53 PM)
shame, would be nice if public can get price like that. kesian 900psf buyer for investment. rental sure kena fuck
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if developer can sell at higher to the public, they won't sell cheaper to the closed group la.. smile.gif
propertyowner
post Jul 11 2020, 12:25 PM

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QUOTE(pvd3wseng @ Jul 11 2020, 11:22 AM)
PM me too with the insider deal. Thank you
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Beware of the bulk purchase deals

https://youtu.be/YgdwDwJySGo

propertyowner
post Jul 12 2020, 12:51 PM

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QUOTE(WahBiang @ Jul 12 2020, 12:48 PM)
If from another view, build 1.38k units service apartments there, land cost alone is 100k?? But that's 400 units per acre...
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What question is question boy asking here? 100k land cost is pluck from sky?
propertyowner
post Jul 12 2020, 12:59 PM

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QUOTE(WahBiang @ Jul 12 2020, 12:54 PM)
Oops, is okay, intelligence restricted ur math as well.. 1.38mil /1.38k unit =100k..
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1.38mil/1.38k = 1k la dumb...

Also is the land costs calculated that way? Sounds noob tho..
propertyowner
post Jul 12 2020, 01:20 PM

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QUOTE(Zwean @ Jul 12 2020, 01:02 PM)
You two ah..

Its 138 million.. divide 1.38k then is 100k per unit for land cost la
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Just use what he typed 1.38mil as golden reference lol
propertyowner
post Jul 12 2020, 01:24 PM

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QUOTE(WahBiang @ Jul 12 2020, 01:05 PM)
Nice, not bad, then if 138mil /1.38k = ?
Again, do read comments in full...
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Noted just wonder why a dumb wrote 1.38mil in earlier comment
propertyowner
post Jul 12 2020, 01:35 PM

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QUOTE(BoonieTan @ Jul 11 2020, 02:21 PM)
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.
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Thanks for translating the salient points. Those are valid.
propertyowner
post Jul 23 2020, 10:44 PM

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QUOTE(BoonieTan @ Jul 23 2020, 10:23 PM)
Sorry what's EF?
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End financiers i.e. banks who provide you loan facilities
propertyowner
post Apr 27 2021, 02:43 PM

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QUOTE(ariffwie @ Apr 27 2021, 02:30 PM)
There will be a lot of construction surrounding here. Hopefully can get good good deal...
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So Sunway is on the same side with MRT however Binastra has better building orientation and unblock views.
propertyowner
post Apr 27 2021, 08:02 PM

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QUOTE(DragonReine @ Apr 27 2021, 07:03 PM)
Sunway + Binastra + UDA competing should be very interesting in how PSF ranges of projects in this area will turn out laugh.gif these developers got good cashflow so waiting game isn't a problem for them.
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Instead of competing more like collaborating or kaodim behind to push up the psf for same stretch of development

 

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