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 Emira Residence, Section 13 Shah Alam

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WahBiang
post Mar 26 2018, 07:28 AM

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QUOTE(kyo2020 @ Mar 26 2018, 02:09 AM)
I think explain in this way:

A strong holding power investor bought an overprice prop - end up no issue paying loan.
A 0 holding power flipper bought a worth and cheap prop - end up lelong.

It does not matter whether the prop is overprice or not, as the ability of paying loan is depends on the calculations and decision made by the buyer which will directly cause them whether will be ended up in lelong. However, generally lower price prop is more easier to sell compare to HIGH (Not "overpriced" price as you put in the earlier post) price prop due to our market needs and thus may have lesser case ended up in lelong. But this is not fully true as the richer ppl that go for higher price prop usually have stronger holding power.

Market is different now and subsales is very difficult and can only sell to home seeker who only afford lower price prop. A higher price (but not overprice) buying prop from developer does not seems to have better subsales result.

Btw, the example that shown from you some are definitely not overpriced as you claimed in my opinion. You can't just point lelong happen because they are overpriced.

Back to Emira, is this project sell higher than other project in Shah Alam? If no, then it will be safe. From the price 350k for 600sf I think should be consider not too bad la..
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350k for 600sf?? Soho?? I thought KL area also around this price for this size?

BTW, if everything the same, one priced with 350k and one priced with 250k, sure the higher price (i.e. the overpriced) lose and hardly resale which causing more lelong? Im noob here... Let learn togeher
AskarPerang
post Mar 26 2018, 07:45 AM

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QUOTE(kyo2020 @ Mar 26 2018, 02:09 AM)
I think explain in this way:

A strong holding power investor bought an overprice prop - end up no issue paying loan.
A 0 holding power flipper bought a worth and cheap prop - end up lelong.

It does not matter whether the prop is overprice or not, as the ability of paying loan is depends on the calculations and decision made by the buyer which will directly cause them whether will be ended up in lelong. However, generally lower price prop is more easier to sell compare to HIGH (Not "overpriced" price as you put in the earlier post) price prop due to our market needs and thus may have lesser case ended up in lelong. But this is not fully true as the richer ppl that go for higher price prop usually have stronger holding power.

Market is different now and subsales is very difficult and can only sell to home seeker who only afford lower price prop. A higher price (but not overprice) buying prop from developer does not seems to have better subsales result.

Btw, the example that shown from you some are definitely not overpriced as you claimed in my opinion. You can't just point lelong happen because they are overpriced.

Back to Emira, is this project sell higher than other project in Shah Alam? If no, then it will be safe. From the price 350k for 600sf I think should be consider not too bad la..
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Overprice in that area.

You didnt show any example so your argument is only based on what you think.

Anyway even if Emira is 90% bought by investors because is cheap. It wont end up in lelong market because it is not overprice. Full stop.

This post has been edited by AskarPerang: Mar 26 2018, 07:50 AM
wennchun
post Mar 26 2018, 12:21 PM

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Bros, im the Emira owner here, we bought the 600sqft unit with 2 car parks.

Last week, OSK called and said one of our parking need to be relocate to another area as the pillar had been occupied some of the parking space. OSK advise to relocate the 2nd car park by taking off the motorcycle parking lot. And it make the both car park no longer side by side. We request to see the site before agree so.

Want to ask,
1. anyone has the same issue as me also?
2. My first priority will definitely get both cp side by side. If they really can't get the 2 cp side by side, what are the compensation that we can demand as it will be a losing point when we want to rent or sell off the unit. (FYI, I'm are the investor)
3. Would like to get advise from Sifu here whether thru experience or legal advise.

Tx anyway.
aaron1717
post Mar 26 2018, 01:19 PM

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QUOTE(AskarPerang @ Mar 25 2018, 11:24 PM)
Yeah. Southville is a confirmed future mega lelong house. People buying coz of KL South address maybe.  tongue.gif
And I heard I-Sovo PJ (the one that viral "water" case) was sold at 1000 psf? I wander why people like to buy overprice MS product.
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the good thing about those MS units that are in lelong currently are because they able to sell alot during those BBB times... southville one of the prime example... launch in bangi or dengkil then sell berlambak highrise... sales not bad yo... anyway... lelong or not... Mah sing still makes money.... now they know market need alot affordable three rooms unit... so they build high density but affordable pricing 3 rooms unit... there is a reason why they are quite successful as a money making business... haha
aaron1717
post Mar 26 2018, 01:29 PM

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QUOTE(kyo2020 @ Mar 26 2018, 02:09 AM)
I think explain in this way:

A strong holding power investor bought an overprice prop - end up no issue paying loan.
A 0 holding power flipper bought a worth and cheap prop - end up lelong.

It does not matter whether the prop is overprice or not, as the ability of paying loan is depends on the calculations and decision made by the buyer which will directly cause them whether will be ended up in lelong. However, generally lower price prop is more easier to sell compare to HIGH (Not "overpriced" price as you put in the earlier post) price prop due to our market needs and thus may have lesser case ended up in lelong. But this is not fully true as the richer ppl that go for higher price prop usually have stronger holding power.

Market is different now and subsales is very difficult and can only sell to home seeker who only afford lower price prop. A higher price (but not overprice) buying prop from developer does not seems to have better subsales result.

Btw, the example that shown from you some are definitely not overpriced as you claimed in my opinion. You can't just point lelong happen because they are overpriced.

Back to Emira, is this project sell higher than other project in Shah Alam? If no, then it will be safe. From the price 350k for 600sf I think should be consider not too bad la..
*
well at least most of the units in his examples are quite straightforwardly overprice as rental cant cover the interest and appreciation never move for at least 5 years... and going into opposite direction on subsales level in the meantime... those along ampang would be best definition of why alot are at lelong market...

as for emira.... your take is that there wont be much lelong units from this condo? since u emphasize the pricing is not bad... but previous posts u mentioned waiting for any lelong unit to appear here.... hmm.gif hmm.gif
kuroyume
post Mar 26 2018, 02:54 PM

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For hater ... yawnnn

For investor .... huat ahhhhh
BEANCOUNTER
post Mar 26 2018, 07:48 PM

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Osk

Huat ah
kuroyume
post Mar 26 2018, 11:07 PM

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Actually OSK records not very good

But nevermind
Since I got this emira
So huat ahhh
aaron1717
post Mar 27 2018, 09:51 AM

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QUOTE(kuroyume @ Mar 26 2018, 11:07 PM)
Actually OSK records not very good

But nevermind
Since I got this emira
So huat ahhh
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well... as long as they completed it then ok already... u gt house to rent out then ok already... what kind of rental prospect u looking here? students, working adults? 2 rooms estimated per mth rental how much...?
Babizz
post Mar 29 2018, 06:31 AM

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some new emira pics. Interior and corridor looks good too won't share here. Lift lobby seems like marble.

This post has been edited by Babizz: Mar 29 2018, 06:34 AM


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raver
post Apr 3 2018, 08:41 AM

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Guys any wa group for residence?
lusterlyra
post Apr 4 2018, 11:00 AM

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can owners go in and see already?
hiro2016
post Apr 4 2018, 11:39 AM

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QUOTE(Babizz @ Mar 29 2018, 06:31 AM)
some new emira pics. Interior and corridor looks good too won't share here. Lift lobby seems like marble.
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Looks really nice... any idea when is the project completion? Previously I asked, they say it's around end of April.
Babizz
post Apr 10 2018, 07:23 AM

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QUOTE(hiro2016 @ Apr 3 2018, 09:39 PM)
Looks really nice... any idea when is the project completion? Previously I asked, they say it's around end of April.
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may.
newsongfashion
post Apr 14 2018, 10:54 PM

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any subsale? what is the market price now?
AskarPerang
post Apr 14 2018, 11:13 PM

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QUOTE(newsongfashion @ Apr 14 2018, 10:54 PM)
any subsale? what is the market price now?
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1 bedroom at 450k.
2 bedroom at 560-580k.

Refering to the previous page. Someone mention 1 bedroom launch at 350k. Is a 100k profits. Hard to say until actual transaction happen.
Babizz
post Apr 14 2018, 11:29 PM

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QUOTE(AskarPerang @ Apr 14 2018, 09:13 AM)
1 bedroom at 450k.
2 bedroom at 560-580k.

Refering to the previous page. Someone mention 1 bedroom launch at 350k. Is a 100k profits. Hard to say until actual transaction happen.
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strongly believe 1 room won't hit that price. merely asking price. 2 bedroom more likely lah.
SUSMNet
post Apr 15 2018, 10:47 AM

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just mere a asking price but no buyer
nexona88
post Apr 15 2018, 11:46 AM

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QUOTE(AskarPerang @ Apr 14 2018, 11:13 PM)
1 bedroom at 450k.
2 bedroom at 560-580k.

Refering to the previous page. Someone mention 1 bedroom launch at 350k. Is a 100k profits. Hard to say until actual transaction happen.
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Walao..
450k for 1 Bedroom unit..
Don't think would hit that pricing... Maybe around 390k only 😑
Wintersnow9991
post Apr 22 2018, 02:49 PM

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Hi, i read the previous comment and saw someone mentioned 18 floor is the premium floor? Could someone explain why? Thanks

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