QUOTE(bearbearwong @ Mar 14 2014, 08:57 AM)
with 1 million there are still many preferences... for that bracket.. those JH, kajang 2, Nadayu.. mostly also empty... flippers manyak... TTDI groove also premium and G&G sub sale baru 780k.. it is nearer to KL and major kajang town.. still a lot vacant but sold...
echo hill also premium maa.. as i say demand demand will always be there.. with 1 million tag.. that is rm4k loan repayment for 35 years max stretch.. ppl who will qualify within this bracket ... those middle class with loans, car loans, credit cards, kids, food, petrol burden aint going to be able to take... even joint loans... this case will easily need a joint total net of 12k at least to be able to take on 1 million prop..
yes there are ppl who has 20k 30k in short upper class and rich.. forking out 1 million for a DSL in kajang.. well why not semi Ds or bunglows?
just to correct, the RM 1 million we are talking about is future price not current price of the house (ie 2 years time, what price need to sell to make a good profit).But since you are comparing current value of the subsale houses, Tropicana is priced at RM 730k+...competitive with other premium developments in kajang..
people are offering over 50% higher than the purchase prices for Nadayu (RM 620k for a 22*65 dsl), but owners/flippers don't want to sell because they see future appreciation in this area with the schools, malls, offices, train stations coming in..so in my opinion, its a choice by the owner to keep the units for futher appreciation rather than selling at current price..