will be interesting if marvelane can pull the same crowd, but its leasehold

If the price is "right" then should be no problem, now they must be cracking their head on how to price their properties after the seeing SDP enjoying tremendous success for PR!

Now only left the most expensive unit unsold at RM940K gross with b/up 1500sft unit at the highest floor, after 1 week! I think the remaining units will be opened for sale very soon!

This post has been edited by BRE: Jun 23 2014, 07:31 AM

I was told the q started very early in the morning. Called today, all sold out. Block B launch is in Jul/Aug.

Maybe once LRT starts moving, price will adjust a bit..

All these landed 20x70 Terrance linked houses also around Putra Height selling less than 400 psf... Wonder how far it psf can go?

http://www.iproperty.com.my/propertylistin...k-house-forsale

This post has been edited by angkee83: Jun 25 2014, 05:13 PM

Yes, the last unit priced at RM940K also kena sapu already! I reached the sales office at 9am and saw huge crowd of people having their breakfast and long Q to register for the balloting, with many cars parked along the road. The response is really unprecedented as Sime has not launched new projects in PH for a very long time - the last launch was The Glades 3 years ago.

The balance of the units in Tower B will be launched after Raya, so should be Jul/Aug.

This post has been edited by BRE: Jun 25 2014, 06:29 PM

Definitely the psft will increase once the LRT extension lines are opened to the public as PH is the LRT hub with both the Ampang & KJ lines meeting there!

The 2 main reasons why PR is doing so well IMHO is because of the LRT stations and TTSS Chinese school, despite the fact that the layout of the units is not so nice and Tower A residents have to walk to Tower B to get their vehicles.

From my observation during the balloting process, most of the buyers are Chinese - should be mostly from PH and USJ.

Agree. But the maintainance fees is too high at 40sen for commercial land title....

Wow bro, seriously the maintenance fee is 40 sen? That's very high! Yes, it is on commercial title but I think 30 sen is more reasonable, however it did not stop PR from being sapu clean within 1 week! I guess when the buyers bought it, they were not aware of the high maintenance fees?

My friend bought a unit at Level 25 & I told her that her view would be very nice as there will not be any building blocking her view - I think she has no regret buying it even though the maintenance fee is high!

This post has been edited by BRE: Jun 26 2014, 07:18 AM

Life getting tougher in Malaysia...

That's why must find ways to earn more lo! One way is to invest in good potential prop!

I wonder how much the owners of PR will get when they get VP in 2018? Not much competition in PH, only from Kingsley Hill and Marvelane Homes' condos.

it also includes the 10% singking fund, SD has hedged it for 2018 index

Sime is hedging against inflation for the buyers???

My friend who bought it said it's 35sen, not 40sen??? 35sen is still quite high, the more reasonable amount is 30sen IMO.

In fact, PR is doing very well compared to Sime's 2 other recent condo/apartment launches - Mahogany Park (198 units) launched 3 months ago only 70% sold, Serini Melawati (525 units) launched 2 monhts ago I think only about 50% sold.

Balance of Tower B units expected to go up by 3-5% by SD. Not sure if they will still offer the 2% early bird.

heard dat 2nd phase will launch after raya. any news?
Any comparism if compare this with MCT new services apartment or Main Place residence?

its very different comparison, main place is quite high density, the shopping attracts heavy crowd and surrounding is normally congested, while PR will offer a more peaceful living..price wise i think it should not be far off..as PR is only due in 4 years

MCT new service apartment psf price more expensive
main place residence - flat quality

if possible to get a unit in PR, still a good choice!

Nice location..

Any specific dates for block B launch? Besides just being July/Aug?

got second launch? when is the date? anyone has more info on marvelane lake homes?