Taken key already? The facade looks very dull, should put more white colour to balance up.

Let's see how many lelong unit from this place, real war begins..many of them are investors due to low buying price when launch.

Stay cool, lelong unit is very cheap sales. This project selling price was selling around 350k for 600+sf, how much the sales later, let keep our eyes closely. As usual, lelong unit always likely much cheaper than developer price. Although its not a good news to investor, but this is what is happening now..

Someone mentioned 6 months, it will drag until 1 to 2 years for the lelong unit and flipper to dump the price.

Disagree with your statement that lelong unit only happen to over price project. What happening now is lelong unit happen just because flipper have no holding power, it has nothing to do whether the project is overprice and lower price. A flipper who has no holding power bought a very cheap and worth buying project will still ended up in lelong. Though it could be snap up faster, but yet it is still cheaper than developer or subsales. Actually there are many examples..

This post has been edited by kyo2020: Mar 25 2018, 06:56 PM

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..