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 Irama @ Bdr Kinrara (22X70) Link house, Bandar Kinrara

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Chris Chew
post Aug 1 2013, 10:14 AM

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QUOTE(puchongite @ Aug 1 2013, 09:55 AM)
Just a simple calculation to check the absolute figure :-

Condo :-

700 sf x 600 psf = 420,000

1300 sf x 600 psf = 780,000

Landed :-

2000 sf x 400 sf = 800,000

3500 sf x 400 sf = 1,400,000

Would you still think the 3500 sf at 400 psf a BBB ?
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This is true. Absolute pricing is very crucial and critical.
If above applies, smaller size is more liquid esp for highrise. Although, 8 Kinrara proved me wrong due to its smaller size to biggest size also similar at RM 610-670 psf.

But for landed, I think merely based on concept, standard size of living demand, security and few more factors. I believe ppl tend to prefer 22x75 as general and standard living lifestyle and when price hit RM 1mil & above, 24x75, 24x80 and 24x85 are more liquid for them in terms of pricing psf.

Ex. Landed for 22x75, asking price of RM 650-750k moved very well. Landed for 24 x 80, asking price of RM 800-1mil moved very well.

For Bdr Kinrara...
22 x 75 stagnant at RM 1-1.05mil ( RM 411-431 psf ) but
24 x 80 easily can sell at RM 1.2- 1.25mil ( RM 428-446 psf )
Weird ?
puchongite
post Aug 1 2013, 10:21 AM

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QUOTE(Chris Chew @ Aug 1 2013, 10:14 AM)
This is true. Absolute pricing is very crucial and critical.
If above applies, smaller size is more liquid esp for highrise. Although, 8 Kinrara proved me wrong due to its smaller size to biggest size also similar at RM 610-670 psf.

But for landed, I think merely based on concept, standard size of living demand, security and few more factors. I believe ppl tend to prefer 22x75 as general and standard living lifestyle and when price hit RM 1mil & above, 24x75, 24x80 and 24x85 are more liquid for them in terms of pricing psf.

Ex. Landed for 22x75, asking price of RM 650-750k moved very well. Landed for 24 x 80, asking price of RM 800-1mil moved very well.

For Bdr Kinrara...
22 x 75 stagnant at RM 1-1.05mil ( RM 411-431 psf ) but
24 x 80 easily can sell at RM 1.2- 1.25mil ( RM 428-446 psf )
Weird ?
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Which means for landed, the land area is an additional important consideration. I think this 22x70 launch is not so well received mainly due to smaller land area.
surf-it
post Aug 1 2013, 10:42 AM

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QUOTE(puchongite @ Aug 1 2013, 10:21 AM)
Which means for landed, the land area is an additional important consideration. I think this 22x70 launch is not so well received mainly due to smaller land area.
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if you are tradisional thinker, min land size for house should be 22x75.

There's one smart fellow use 22 x 70 and make it 5 storey terrace in Kuchai lama, that concept didn't received well by the local...

But, if we are looking at long term, 20x70 one day will become a standard size, 22x75 will become superlink
puchongite
post Aug 1 2013, 10:56 AM

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QUOTE(surf-it @ Aug 1 2013, 10:42 AM)
if you are tradisional thinker, min land size for house should be 22x75.

There's one smart fellow use 22 x 70 and make it 5 storey terrace in Kuchai lama, that concept didn't received well by the local...

But, if we are looking at long term, 20x70 one day will become a standard size, 22x75 will become superlink
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For me I think it's the other way round.

That is, 22x70 used to be acceptable but now people who can afford to buy landed, they tend to think 22x75 is the minimum.

New buyers who cannot afford 22x75 ( and superlink built up ), they might just go an purchase condo instead of settling down at 22x70.

kh8668
post Aug 1 2013, 10:58 AM

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QUOTE(puchongite @ Aug 1 2013, 10:56 AM)
For me I think it's the other way round.

That is, 22x70 used to be acceptable but now people who can afford to buy landed, they tend to think 22x75 is the minimum.

New buyers who cannot afford 22x75 ( and superlink built up ), they might just go an purchase condo instead of settling down at 22x70.
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i reckon 24ft width is the minimum. 22ft is too narrow
puchongite
post Aug 1 2013, 11:00 AM

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QUOTE(kh8668 @ Aug 1 2013, 10:58 AM)
i reckon 24ft width is the minimum. 22ft is too narrow
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Yup yup.
| KENZO |
post Aug 1 2013, 11:01 AM

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QUOTE(linkor @ Aug 1 2013, 08:26 AM)
house got no solar power heater, no alarm system, no autogate (with point only).
no aircon and point

omg, not move in condition. close to 1m prop. wtf !
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Haha, simply over price. Relli kenot digest how a 22" x 70", such small house without any of the things you listed above and without anything fittings nearing Qaseh, close to SATU JUTA is ridiculous leh.

SUSUFO-ET
post Aug 1 2013, 11:38 AM

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QUOTE(surf-it @ Aug 1 2013, 10:06 AM)
Thanks Chris, that means I&P is merely selling at market price...not overpriced.
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The major concern is the land size 22x70
Maximo1
post Aug 1 2013, 11:47 AM

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QUOTE(puchongite @ Aug 1 2013, 09:28 AM)
psf is getting less and less effective as a means to measure pricing.

Can only use it to measure same type of property with more or less the same built up.

Eg can't compare using psf when condo built up is 750 sf vs 1300 sf, and landed 2000 sf vs 3500 sf.
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Yes, i think for landed property, price included two parts, land cost (included area infrastructure cost) and housing construction cost. So, the bigger land, the more higher price in term PSF. Smaller land and more floor, price more lower.
| KENZO |
post Aug 1 2013, 12:04 PM

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The other main concern is facing main road and school.
ykt2
post Aug 1 2013, 05:49 PM

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QUOTE(tonertoner @ Jul 28 2013, 02:22 AM)
Actually what is so special about Kinrara ah? The price is so high for a non PJ area. Is it hype that drives people buying there or it is truly a golden location like Mutiara or Ara Damansara?
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Mutiara and Ara Damansara are golden locations? Please define your interpretation of golden location. 2 entry roads via Persiaran Surian and NKVE only? No MRT/LRT? What is the distance to KL/PJ center? I think the real culprit to too much hype is Mutiara and Ara Damansara (is it really Damansara? Or just tumpang the name?). Bandar Kinrara has been relatively low key all this while.
LOLxx
post Aug 1 2013, 07:44 PM

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where is it located? is it next to qaseh??
yoonlim
post Aug 1 2013, 09:07 PM

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QUOTE(LOLxx @ Aug 1 2013, 07:44 PM)
where is it located? is it next to qaseh??
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http://wikimapia.org/#lang=en&lat=3.043369...656880&z=15&m=b
ykt2
post Aug 16 2013, 09:53 AM

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Called up the sales gallery. 4 units left - No. 26, 31, 39 and 41. Not bad sales with over 90% take up rate in 2 weeks (with Raya holiday) considering the high amount of initial commitment of RM50k upfront and remaining 10% within 2 months. Looks like mostly are buying for own stay.

Also further enquired and they will be launching the shop lots next. The last phase of link houses will be launched next year.
surf-it
post Aug 16 2013, 10:37 AM

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QUOTE(ykt2 @ Aug 16 2013, 09:53 AM)
Called up the sales gallery. 4 units left - No. 26, 31, 39 and 41. Not bad sales with over 90% take up rate in 2 weeks (with Raya holiday) considering the high amount of initial commitment of RM50k upfront and remaining 10% within 2 months. Looks like mostly are buying for own stay.

Also further enquired and they will be launching the shop lots next. The last phase of link houses will be launched next year.
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you mean 4 intermediate units left right? endlot and corner still available...
ykt2
post Aug 16 2013, 11:39 AM

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All are intermediate except 41 which is an endlot.
ykt2
post Aug 16 2013, 11:40 AM

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No, I mean thats all that is left for the project. 4 units including endlots and corner units.
ykt2
post Aug 16 2013, 11:45 AM

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Pretty decent sales considering no marketing, advertising, email/sms blasts, discounts, rebates, dibs, schemes....etc
surf-it
post Aug 16 2013, 11:59 AM

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QUOTE(ykt2 @ Aug 16 2013, 11:45 AM)
Pretty decent sales considering no marketing, advertising, email/sms blasts, discounts, rebates, dibs, schemes....etc
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thanks for the update. impressed really by the buyers, at this price I always thought G&G link is a better buy...but perhaps underestimate the pull of Kinrara or InP
wil-i-am
post Aug 16 2013, 12:26 PM

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Good news for existing owners @ BK. Prices will surely move up step-by-step

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