If compare with the existing projects in Bukit Jalil

1. Covillea - RM620psf
2. The Treez - RM650psf
and this is for bigger unit price.

So RM700psf can buy brand new with developer' freebies, why not ?

Sorry boss to break the ice     but from JPPH database. Covillea is only transacted at RM585 psf max. Currently, the average is RM525psf.

The Treez back in Dec 2010 (initial launch) was only selling RM450psf before discount and freebies.
The price could have gone in to RM510 psf towards the latest phase of selling.

For myself, I am a bit conservative for high-end condo/serviced apartment and also commercial as the market
is slowing down.

For covillea, the average psf has only increased by RM10 psf (RM515 psf in 2012) to Q3 2013, a mere 2%.

Just my humble 2 cents as property consultant.  

If they really launch at RM700 psf (which would resemble twin arkz pricing i.e RM700 (bigger units)-RM800 psf(small units), I would say for capital appreciation, I wouldn't expect too much upside on it.

Twin Arkz units are fully furnished and GBI silver certified. It was launched back in Q3 2012 and the take up of the units are comparatively slow to the other lower priced condominium (which I think would be the normal case for high end condominium except that are certain developments doing very well i.e Tropicana Gardens RM800psf first block selling for only 1 month and the same goes to the subsequent bloc Bayberry selling at a whopping RM1,100 to RM1,300 psf

I heard Malton is going to launch their serviced apartment units more or less in that band of prime ~RM700++
, so brace yourself for some competition.

My view has always been a bit conservative since my thinking is always geared to the realms of buyers, but you guys out there ought to think differently since investor need to be able to see the light of any investment potential.

IMHO