QUOTE(soon9913 @ May 17 2014, 11:40 PM)
Yep, unlike 2008-2011,there is no sure win property anymore.Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai
Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai
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May 18 2014, 11:05 AM
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2,086 posts Joined: Feb 2011 |
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May 18 2014, 11:13 AM
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1,266 posts Joined: Jul 2013 |
QUOTE(neonikson1 @ May 18 2014, 10:54 AM) New property price should continue to go up due to GST. Gst factor cause property price up. Property price will eventually up till tipping point not reachable by majority buyers. Phase 1, those cannot pay downpayment, out. Phase 2, those cannot get loan, out. Phase 3, those beh tahan paying installment whether flipper or own stay, bank auction. Phase 4, interest rate up, cannot pay installment, next phase of auction, more auction. Phase 5, when supply more than demand, price drop. Phase 6, if too many auction, property became toxic assets, market will crash. Where are we now? I m thinking we are into phase 3 and phase 4 starting sO0n!Developer will for sure transfer the 6% to end user. Until one day market really beh ta Han, then the new property price will drop as well. Just like what happening in China 2nd n 3rd tier cities. Can refer to last Thursday or Friday nanyang daily or many other reports on Internet. http://usa.chinadaily.com.cn/opinion/2014-...nt_17388933.htm This post has been edited by CloudAtla$: May 18 2014, 11:14 AM |
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May 18 2014, 11:53 AM
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2,086 posts Joined: Feb 2011 |
QUOTE(CloudAtla$ @ May 18 2014, 11:13 AM) Gst factor cause property price up. Property price will eventually up till tipping point not reachable by majority buyers. Phase 1, those cannot pay downpayment, out. Phase 2, those cannot get loan, out. Phase 3, those beh tahan paying installment whether flipper or own stay, bank auction. Phase 4, interest rate up, cannot pay installment, next phase of auction, more auction. Phase 5, when supply more than demand, price drop. Phase 6, if too many auction, property became toxic assets, market will crash. Where are we now? I m thinking we are into phase 3 and phase 4 starting sO0n! Good analysis. I agree we are in between phase 3-4. That's why I said earlier in my post, wait til 2017 when most constrictions are done n vp, people need to start servicing loan, the effect will start surfacing. |
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May 18 2014, 11:59 AM
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2,086 posts Joined: Feb 2011 |
Therefore, Location is the key, holding power is the king!
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May 18 2014, 12:02 PM
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1,816 posts Joined: May 2013 |
QUOTE(neonikson1 @ May 18 2014, 11:53 AM) Good analysis. I agree we are in between phase 3-4. That's why I said earlier in my post, wait til 2017 when most constrictions are done n vp, people need to start servicing loan, the effect will start surfacing. Those buyers who are white collar professional, will be able to sustain as their annual income grows every year. Some of my friends who are in this category hold more than 1 property and they find it manageable so far. This post has been edited by Maneki-neko: May 18 2014, 12:03 PM |
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May 18 2014, 12:11 PM
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75 posts Joined: May 2013 |
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May 18 2014, 12:15 PM
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918 posts Joined: Jan 2012 |
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May 18 2014, 12:22 PM
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QUOTE(Alvelyn @ May 18 2014, 12:11 PM) bro, the same thing if u view at different angle wil get different result. I.e sometimes when looking the back side. of girl with bronze hair and though she should be beauty. However it is different story when u look at her front side..Haha- just joking. Happy Sunday ! |
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May 18 2014, 12:25 PM
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918 posts Joined: Jan 2012 |
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May 18 2014, 12:38 PM
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918 posts Joined: Jan 2012 |
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May 18 2014, 12:47 PM
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QUOTE(neonikson1 @ May 18 2014, 10:42 AM) I do agree Velo is a better project. However from ekocheras's buyer point of view, we need to pay extra at least 43% of Ekocheras price to get a Velo. (Compare RM700/sqf to RM1k/sqf). I personally think ekocheras is a better bet. |
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May 18 2014, 02:24 PM
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3,774 posts Joined: Mar 2012 |
QUOTE(soon9913 @ May 18 2014, 12:47 PM) I do agree Velo is a better project. However from ekocheras's buyer point of view, we need to pay extra at least 43% of Ekocheras price to get a Velo. (Compare RM700/sqf to RM1k/sqf). I personally think ekocheras is a better bet. Both got potential and if the % of appreciation is quite similar then the one with lower exposure will generate higher yield n lower risk |
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May 18 2014, 03:47 PM
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281 posts Joined: Aug 2005 From: Kuala Lumpur |
Just went to the sales gallery. A few unit left for block E, with min price of 580k for 821 sqft.
Blk J n H left with a few 1000 sqft units. No more discount. Nett price only. |
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May 18 2014, 04:00 PM
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QUOTE(Jagalat @ May 18 2014, 12:05 AM) HELLO HELLO boss, may l know which type of Cheras property suits your cup of kopi, that yields to your expectations ? Mind to share? Thx Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime.for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad. Putra sunway mall and the uptown mall already approach me. Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh. This post has been edited by HELLO HELLO: May 18 2014, 04:03 PM |
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May 18 2014, 05:13 PM
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2,086 posts Joined: Feb 2011 |
QUOTE(soon9913 @ May 18 2014, 12:47 PM) I do agree Velo is a better project. However from ekocheras's buyer point of view, we need to pay extra at least 43% of Ekocheras price to get a Velo. (Compare RM700/sqf to RM1k/sqf). I personally think ekocheras is a better bet. Quite true. Less exposure less risk. |
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May 18 2014, 07:01 PM
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918 posts Joined: Jan 2012 |
QUOTE(HELLO HELLO @ May 18 2014, 04:00 PM) Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime. Hehe .. Please share if any. for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad. Putra sunway mall and the uptown mall already approach me. Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh. |
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May 18 2014, 08:01 PM
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5,947 posts Joined: Oct 2013 |
QUOTE(HELLO HELLO @ May 18 2014, 05:00 PM) Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime. Thank you for explaining your view and for offering first hand info about ekc mall. for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad. Putra sunway mall and the uptown mall already approach me. Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh. Would you like to elaborate your area of involvement if approached by the leasing team? |
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May 18 2014, 11:01 PM
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2,086 posts Joined: Feb 2011 |
QUOTE(HELLO HELLO @ May 18 2014, 04:00 PM) Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime. HELLO HELLO boss what business are you in?for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad. Putra sunway mall and the uptown mall already approach me. Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh. |
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May 18 2014, 11:02 PM
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2,086 posts Joined: Feb 2011 |
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May 18 2014, 11:40 PM
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5,947 posts Joined: Oct 2013 |
QUOTE(neonikson1 @ May 19 2014, 12:02 AM) That was the reason why l asked if there is correction next year. So far, no one says there will be. |
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