QUOTE(Zelphon @ Aug 16 2014, 04:14 PM)
What is market value ??
600 psft....... 
R&F Princess Cove, Iskandar Zulkanain
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 Aug 16 2014, 04:15 PM
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8,226 posts Joined: Jul 2014 From: Kuala Lumpur  
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Aug 16 2014, 04:21 PM
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Junior Member
110 posts Joined: Jul 2014
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I know those seaview units has been secured by flippers and they are trying to flip for RM30K..
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Aug 17 2014, 07:12 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia
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Anyone from kl bought this?
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Aug 17 2014, 07:31 PM
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All Stars
18,672 posts Joined: Jan 2003 From: Penang
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QUOTE(Zelphon @ Aug 16 2014, 04:14 PM) What is market value ?? Market value is 1500psft. But R&F only sell at 1000psft. Very cheap. |
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Aug 17 2014, 07:38 PM
Show posts by this member only | IPv6 | Post
#285
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All Stars
12,530 posts Joined: Feb 2013
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no one buying in Jb la... even walk over also this condo super high density.. i reli wanna see who gona stay here when it VPs.
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Aug 17 2014, 08:10 PM
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1,266 posts Joined: Jul 2013
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Serious bubble in jb. More than 150,000 units in construction and another 150,000 units awaiting approval. Serious bubble happening in jb.
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Aug 17 2014, 09:10 PM
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9,913 posts Joined: Jun 2014
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QUOTE(CloudAtla$ @ Aug 17 2014, 08:10 PM) Serious bubble in jb. More than 150,000 units in construction and another 150,000 units awaiting approval. Serious bubble happening in jb. I'm holding the same view that such a sudden surge in supply will not be absorbed by the market. |
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Aug 17 2014, 09:12 PM
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5,612 posts Joined: Jan 2009
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JB... Thanks but no thanks. I won't put any feet on the water unless I have a clear exit plan.... Till date, I saw none.
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Aug 17 2014, 09:17 PM
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1,266 posts Joined: Jul 2013
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QUOTE(Jasoncat @ Aug 17 2014, 09:10 PM) I'm holding the same view that such a sudden surge in supply will not be absorbed by the market. Another dubai property bubble in making. Its damn serious in making. Those greedy fella who make the bubble. But cant openly criticise here. |
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Aug 17 2014, 09:18 PM
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1,266 posts Joined: Jul 2013
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QUOTE(tengster @ Aug 17 2014, 09:12 PM) JB... Thanks but no thanks. I won't put any feet on the water unless I have a clear exit plan.... Till date, I saw none. Keep away fr jb. |
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Aug 17 2014, 09:35 PM
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4,526 posts Joined: Mar 2006
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i agreed iskandar will be another Dubai in making.
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Aug 17 2014, 09:49 PM
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349 posts Joined: Mar 2013
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QUOTE(CloudAtla$ @ Aug 17 2014, 09:18 PM) Keep away fr jb. Wah! So many negative comments on JB. Personally, I think the pricing for this project is reasonable. Proximity to Singapore will never be emulated. But density may be too high. More suitable for long-term investment or own stay. Just m2c |
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Aug 17 2014, 10:00 PM
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All Stars
12,530 posts Joined: Feb 2013
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this is way more worse than dubai
I dont even think half d condos will be occupied.. it'll be only nice to take pics there. BTW, i recently met one of d biggest n most influential developers in Iskandar n even he said the aim is just to sell condos n expect a large percentage of it to be idle |
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Aug 17 2014, 10:03 PM
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5,612 posts Joined: Jan 2009
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QUOTE(Babizz @ Aug 17 2014, 10:00 PM) this is way more worse than dubai Wtf I dont even think half d condos will be occupied.. it'll be only nice to take pics there. BTW, i recently met one of d biggest n most influential developers in Iskandar n even he said the aim is just to sell condos n expect a large percentage of it to be idle  |
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Aug 17 2014, 10:03 PM
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9,913 posts Joined: Jun 2014
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For those Mainland Chinese developers' projects, one of their target buyers are the Chinese investors and the fact is that there are quite a number of them too. I think one of the potential concerns upon VP then could be collection of maintenance fee from these foreign buyers. Practically how easy will the JMC be able to collect / chase after them for payments? Not a discrimination towards the foreign purchasers but will this be a potential issue?
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Aug 17 2014, 10:06 PM
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9,913 posts Joined: Jun 2014
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QUOTE(Babizz @ Aug 17 2014, 10:00 PM) this is way more worse than dubai They come they concur and they cabut......I dont even think half d condos will be occupied.. it'll be only nice to take pics there. BTW, i recently met one of d biggest n most influential developers in Iskandar n even he said the aim is just to sell condos n expect a large percentage of it to be idle |
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Aug 17 2014, 10:10 PM
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All Stars
12,530 posts Joined: Feb 2013
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QUOTE(tengster @ Aug 17 2014, 08:03 AM) Wtf this is coming from the most important devoloper in iskandar. |
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Aug 17 2014, 10:41 PM
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Senior Member
1,266 posts Joined: Jul 2013
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QUOTE(Jasoncat @ Aug 17 2014, 10:03 PM) For those Mainland Chinese developers' projects, one of their target buyers are the Chinese investors and the fact is that there are quite a number of them too. I think one of the potential concerns upon VP then could be collection of maintenance fee from these foreign buyers. Practically how easy will the JMC be able to collect / chase after them for payments? Not a discrimination towards the foreign purchasers but will this be a potential issue? Haiya, maintenance fee? Not the main issue here. The issue is bubble. |
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Aug 17 2014, 10:42 PM
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1,266 posts Joined: Jul 2013
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QUOTE(Babizz @ Aug 17 2014, 10:00 PM) this is way more worse than dubai Worse than dubai. No la.I dont even think half d condos will be occupied.. it'll be only nice to take pics there. BTW, i recently met one of d biggest n most influential developers in Iskandar n even he said the aim is just to sell condos n expect a large percentage of it to be idle |
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Aug 17 2014, 11:02 PM
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3,665 posts Joined: Aug 2014
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QUOTE(Rusby @ Aug 17 2014, 09:49 PM) Wah! So many negative comments on JB. Personally, I think the pricing for this project is reasonable. Proximity to Singapore will never be emulated. But density may be too high. More suitable for long-term investment or own stay. Just m2c 1000psf in JB is reasonable? Isn't that KL prices already?This post has been edited by corleone74: Aug 17 2014, 11:06 PM |
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