how's the sales?..the thread seems inactive

LRT 3 Updates:

PRASARANA Malaysia Bhd will start dishing out major work packages of the RM9bil light rail transit line three (LRT 3), most probably from the beginning of the second half of next year, following the appointment of the project delivery partner (PDP) for the development.

“The LRT 3 from Bandar Utama to Klang will span about 36km in length with 25 stations plus an underground station. It is understood that LRT 3 is crucial to serve the capital of the most industrialised state in the country, Shah Alam.”

It has been reported that from Bandar Utama, the line will go on to Tropicana before cutting across Hicom-Glenmarie Industrial Park, heading for Shah Alam via Section 13 near the Shah Alam Stadium, Universiti Teknologi Mara in Section 2 and i-City in Section 7. The line will then travel down to Bukit Raja to the Klang KTM Komuter station before heading further south for Bukit Tinggi and Johan Setia.

It is expected that LRT 3 will be operational in 2020, while the LEP for the Kelana Jaya Line will be completed by October 2016.

http://www.thestar.com.my/Business/Busines...2015/?style=biz

Now average sales in propwall Rm 790 psf

can sell ah RM790?? my Emira with AEON at 550 win la.. metia 450 even better...

Hope investors dont buy into their integrated idea... even at RM700 there are so many good integrated developments elsewhere...

Good luck to anyone who paid more than RM600 for it

This post has been edited by Babizz: Jan 3 2015, 10:17 AM

Jus because developer selling at 800 psf doesnt mean theres a market for it..

I wanna see who buys this post VP at even RM750psf..

Last check Nov....sold 80%

80% for a project finishing soon is very unimpressive.. Those who bought early on should factor in KV prop price appreciation when counting their 'real' profits..

IMHO, flippers would have to compete with developer trying to sell condos at unimaginable prices.. time will tell...
btw can anyone post progress pics?

Although this is one of the best located condos in SA (although the malls nearby aren't good), good luck to the final 20% buyers at 790psf

Just checked with developer..10% left for soho and big unit serviced apartment..2 bed room serviced apartment sold out..I will try to get the pic

This post has been edited by psphoa: Jan 3 2015, 03:57 PM

Current progress..vp around may 2015


Attached thumbnail(s)

seriously 800psf is really a tough one in my opinion. I personally dont see the niche.

The developer sold 90%, so even they can't sell it they have no problem to hold it.

Yeah nice pics btw but looks way too crowded for a 700psf prop in S.A. .. like the facade though..

Did u buy it in 2012/2013?? how much psf nett price??
what happened to Studio fourteen?

boss,

I see u quite active recently... Any knowledge/interest of Shah alam condos ah

already invested previously. suggest subsales for rental income

Btw, I always read but have not been actively posting for a while until lately

Why active posting suddenly?....not stay....just read.

my reasoning ... leasehold project with unknown tenancy , high density and average build concept .....in shah alam, which integrated project able to sell at 800psf ? they might be people asking for the price now, but let see how easy to get transaction ...

Well , just my personal opinion.

I brought at Rm 470 psf high floor..I think studio fourteen can't get loan to develop it..maybe now waiting others developer to take over..of course nobody will take over until vista alam sold out..

Yeah they deserve it with the prices they are asking for... If banks cant support the valuation sure wont finance the project...

I think Studio 14 can sell now at abt 650psf..

Invested in Vista Alam ah?? yeah high dens here n 800psf.. dis is no I city (720psf) which is much more solid la... Vista Alam surrounding MNCs mostly hire local mid scale staff.. only hospital Monash students (rich) doing practical here might rent here but then again they wont be paying RM2k for a studio here..

Psphoas price is pretty good la at 470psf 1-2 yrs bacm

470psf is very good price.......seem like you are the only onwer here....when is the vp date?