SUNWAY VELOCITY | V RESIDENCE 2, [MRT PROPERTY]
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 Nov 3 2014, 11:09 AM
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#1
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Junior Member
88 posts Joined: Sep 2010 
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Sometimes i dont understand or maybe i refuse to understand. if you are banking on MRT or LRT, there are already areas around existing MRT with market price around 600-700psf. for example, KLCC stop has D'mayang condo with avenue k just 2 minits walking. Ampang Park has corinthian. nice slightly old condo but with nice yield if successfully rented out.
600-700psf is what MS is launching for Dsara Sentral in Sungai Buloh MRT. |
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Nov 3 2014, 11:38 AM
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#2
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Junior Member
88 posts Joined: Sep 2010
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QUOTE(ivanpei @ Nov 3 2014, 11:17 AM) Bro new launch mar. Low entry lor, this lor that lor freebies bla bla bla. Low downpayment people easy to cheong. i agree with the low entry fees. When project VP, rental yield 2-3% bleed like crazy every month. Want to sell? Next door only half the psf price, how to charge so much premium? If got capital as usual best buy subsale near mrt/Lrt. But greedy flippers with minimal capital of course wack new launch lar. Let's see lar upon VP what happen. All these people don't do their due diligence. They are gambling because of low entry and bull market continue raging.  the funny thing is this, almost all new launches are clocking 50-60% sales after 6 months. but no developers have gone bust yet. usually developers break even after 60% sales done. |
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