QUOTE(holypredator @ Sep 6 2018, 10:47 PM)
Obviously. I'm not a full time property investor, I can't be going around exploring properties physically. I can only depend on reviews from the net. However, I did went to sites and galleries for quite a few properties and Lot 15 was surprisingly one of them when I dropped by subang.
I think many people mistaken my argument. I'm not trying to say Subang Jaya is bad or anything (not the best choice for me at least). What I am trying to say is Lot 15 is severely overpriced with little to offer. I'm not trying to prove Bukit Jalil or Damansara Avenue is more superior in terms of locality (If anything I would say all are pretty much equal to me) Many people still can't seem to defend that point apart from saying it is in Subang. CASA TIARA also in Subang ... right next to Lot 15 some more
Let me put it this way, Lot 15 does not come with any furnishing while it is priced at RM900-1000 psf (net after rebate). Many high end, even as far as it being branded "Luxury" project that is >RM1,000 psf actually comes fully fitted or the very least partially fitted. Pavilion Hilltop @ Mont Kiara for example is priced at RM1000+ psf average net. However it is fully fitted with quality branded
: Air Conditioning
: Refridgerator
: Hot Water System
: Built in Kitchen cabinet (top & bottom)
: Hood & Hob
: Microwave Oven
: Island Top dry & wet kitchen
Try adding all those up and you are pretty much seeing Lot 15's value. Basically, Lot 15 is equivalent to many luxury project when you take all this into factor (No furnishing, no added value and little facility). This is also considering that Lot 15 rebates are limited time only. The RM10k + 1% is up till 1 sept 2018, if Sime kept their word that it is a limited time promotion, the project is actually more toward RM950 - RM1000+ price range (I saw Sime just took off those rebates just now and it seems that they are giving only the 6% rebate + kitchen cabinet as an ongoing promotion on their site, wonder if they really did took off those rebates cause ads still showing RM10k + 7%).
In Summary, if you work it backwards and include all the other stuff into your pricing factor, Lot 15 is the same range as many "luxury" serviced apartment at prime areas excl KLCC area.
Bro why make it so complex.
Have u already book Lot 15 and expecting that SDP to be more generous in furnishing offering or amend the facilities?
Or do you want to promote other project instead of Lot 15?
Or are u in dilemma that you already book / bought other project instead of Lot 15?
Or are you saying that SDP Sales Department did not do their job properly in pricing Lot 15?
Do u work in the property valuation sector or doing research in property valuation?
If not guess all that you saying is just personal opinion that should be taken with pinch of salt. Cause u kept saying severely overpriced la, no equal value lah without providing technical and finance proposition. At the end of the day it is free market property project unlike those affordable / subsidized scheme property project jor.