well study, so it's only for bukit jalil highrise or overall of highrise investment?

Your link is sort of proving my point, KM1 is indeed asking higher psf rental comparing with neighbours.

We will need to next check occupancy rate. If occupancy rate is low, then likely there will be a bigger gap between asking rental vs transacted rental - meaning the still advertised ones are the "leftover".

For all la boss, the gov even come out a plan to help ppl to find dead chicken liao...
http://www.themalaymailonline.com/malaysia...s-starting-july

You are using your prediction (on the auction units) as if it is already a fact.

If many auction units arise, it will not be limited to Treez or Bukit Jalil.

This price tag at this location, this timing.

let see what will happen when launching

why are u comparing Casa Green with Parklane OUG instead of Z residence or KR1/2?

That's my perception.

Prove me otherwise.

Prediction are based on many articles recently. The expensive condos (KM1, Treez, Skyluxe) will be more affected than the cheaper condos.

Read

http://www.thestar.com.my/business/busines...roperty-market/

> Oversupply in certain property sub-sector market;

> Stringent lending rules;

> Slow recovery of global economies;

> Too many launches at inflated prices in 2014 and prior to this;

> Full impact from developers’ interest bearing schemes (DIBS) to be felt this year; and

> National issues.

The effects of the accesses of the past - freebies, rebates and developers’ interest bearing schemes - are expected to culminate in 2016 and 2017 as more projects are handed over to buyers

This post has been edited by jalsrix: Jan 18 2016, 02:03 PM

Developers are usually very cunning. They won't say 'nobody is buying our condos'.

They will have false 'sold' units even when the units are vacant.

Once more and more buyers buy , then they will open up the 'sold' unit.

Don't believe in everything you see.

This post has been edited by jalsrix: Jan 18 2016, 02:06 PM

Let's await what sort of package would developer offer in this tight timing.

Don't trust property agents, please read


http://www.themalaymailonline.com/malaysia...supply-overhang


KUALA LUMPUR, Jan 20 — Property prices are expected to experience a “moderate drop” this year as demand dwindles and auctions of foreclosed properties add to the existing oversupply, industry experts said today.


“If you look at primary market transaction, there’ll be less launches this year, take-up rate will be lower, the oversupply that is in the property market, the overhang, will build up if you talk to the banks more auction and foreclosures of properties this year,” Wong said during a press conference here today.


“For first 3 quarter last year, it was 8 per cent drop... We are not expecting a recession, we’re not expecting a property bubble, but there will be a moderate decline and a decrease in the property market but unlikely that there’ll be a double digit decline in property prices,” he added.

This post has been edited by jalsrix: Jan 21 2016, 10:58 AM

Bump... Looking for more information on this project...

You are right bro. It just the matter of jam long distance or short distance.

Still no further news in term of launching and the final sf ....???

Don't trust property agents.

http://www.thestar.com.my/business/busines...n-klang-valley/

Tuesday, 2 February 2016
Tough market for condos in Klang Valley
BY EUGENE MAHALINGAM


Challenging outlook: A weak rental market for high-end condos and apartments is expected over the next two years
Challenging outlook: A weak rental market for high-end condos and apartments is expected over the next two years

PETALING JAYA: The market for condominiums in the Klang Valley is expected to be more challenging over the next two years, due mainly to the large incoming supply scheduled for completion this year and in 2017.

Henry Butcher Real Estate Sdn Bhd chief operating officer Tan Chee Meng said the demand for non-landed properties is expected to be weaker than that for landed properties.

This would also be compounded by the fact that the tight credit situation would continue to affect sales.

“Transaction volume is expected to decline further,” he said at the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the private sector, Malaysia seminar recently.

He added that while residential property prices would soften, they, however, were not expected to dip significantly.

“The market will be challenging in the first six months of 2016 but could pick up in the second half, provided the country’s economy is not adversely affected by any external shocks.

“As the next general election has to be held before August 2018, the market could see stronger improvements from the second half of 2017, on the basis that the ruling government will boost the economy and offer more goodies in the run-up to the elections.”

CH Williams Talhar & Wong (WTW) in its Property Market Report 2016 concurred that the condominiums market in the Klang Valley was expected to be more challenging in the next two years.

“The infrastructure developments such as MRT SSP Line and East Klang Valley Expressway are likely to spur more condominiums developments in the prime as well as suburban areas.

“However, developers are advised to maintain a cautious stand. The rental market is expected to be a tenant’s market with more units coming onstream this year.”

Citing the Real Estate and Housing Developers Association’s industry survey for the first half of 2015, Tan said sales of high-rise properties dwindled 9% during the period compared with 2014.

“Only 4,373 or 40% were sold out of the 10,877 units launched, of which 10,550 were residential units. Apartment and condominium sales were dismal, with only 779 (18%) of the 4,259 units launched being sold.

“The number of unsold units rose 14% to 78% in the first half of 2015 from 64% in the same period in 2014.”

WTW said 8,374 units of condominiums and serviced residences were launched in 2015.

“The second quarter of 2015 saw more new launches especially in the Embassy Row (Ampang Hilir/U-Thant) and the Golden Triangle. The majority of the new launches were serviced residences (69%), with small built-up areas and targeted at young working professionals or expatriates.”

WTW added that while transaction activities in the luxury condominiums market was less active in 2015, the average transacted prices rose.

“Luxury condominiums in the Golden Triangle were transacted at RM1,500 per sq ft on average, whereas secondary areas remained firm at RM920 per sq ft on average.

“The average occupancy rate for condominiums and serviced residences developments remained at between 77% and 80% in Golden Triangle and the secondary area, it was between 60% and 65%.”

In light of the challenging outlook for the high-rise sector over the next couple of years, Tan said he expected a weak rental market for high-end condos and apartments.

“The will likely be an increase in non-performing loans and a more active auction market. Developers’ margins will be cut by higher marketing costs and additional incentives offered to buyers. We believe they (developers) will focus on smaller-sized units to lower absolute selling prices.”

This post has been edited by jalsrix: Feb 2 2016, 09:02 AM

“Only 4,373 or 40% were sold out of the 10,877 units launched, of which 10,550 were residential units. Apartment and condominium sales were dismal, with only 779 (18%) of the 4,259 units launched being sold.

“The number of unsold units rose 14% to 78% in the first half of 2015 from 64% in the same period in 2014.”

Hope Sky World can see this article and reduce the price of SkyLuxe...

Booking coming soon!
PM me if you don't want to miss the boat!
Size from 661-1214sf
Let me know your preference size and max budget.
TQ!


This post has been edited by prophunter85: Feb 12 2016, 03:49 PM

lol only 40% were sold?

so called luxury... but the name design looks like piece of sh*t.
macam cincai cari ahbeng ahkaw design 1. totally no effort put in.
be careful this project lor. those buy liao... good luck.

This post has been edited by HELLO HELLO: Feb 12 2016, 04:37 PM

jolokia you are ong this year, please fast fast get your buddy zukoi407, showtime747 here to bbb from puchong to cbj to bj, forming uuu golden triangle.

This post has been edited by icemanfx: Feb 12 2016, 05:45 PM