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Household EcoMajestic @ Semenyih (VERSION 5), Herald of a New Era by EcoWorld

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PeriPeri2014
post Oct 19 2014, 04:42 PM

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QUOTE(netcrawler @ Oct 19 2014, 04:40 PM)
Any discount for early birds  and when is the tentative launching date? Price a little bit steep but what is the built up for both type?
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3%
PeriPeri2014
post Oct 19 2014, 04:52 PM

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QUOTE(Jasoncat @ Oct 19 2014, 04:50 PM)
Glad to here we have potential new neighbours here rclxms.gif

Semi D (40x80) still have about 20 units left.
Clusters in total have about 80 units left.
(Note: the above have not taken into account few blocks of reserved units for future launch)

Price for Semi D started from RM1363K but recently increased by RM25k-RM30k. For Clusters, it depends on types, summarized as follows:
2A - 32x70 - 2396 sf ~ RM873K
2B - 32x75 - 2441 sf ~ RM896K
2C - 35x75 - 2652 sf ~ RM968K
2D - 35x80 - 3027 sf ~ RM1081K
(Note: the above are earlier pricing and now should add another RM25k in view of the recent price adjustment)
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TY
PeriPeri2014
post Oct 19 2014, 04:54 PM

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QUOTE(badboy7 @ Oct 19 2014, 04:36 PM)
Starting from 688k for 20x70 and 768k for 22x70
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diff 80K.


Price increase 100K from phase 1 with bigger build up....
PeriPeri2014
post Oct 19 2014, 04:57 PM

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QUOTE(netcrawler @ Oct 19 2014, 04:55 PM)
Cradleton series already sold out right or still got few units left? Merrydale yet to be launched right?
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ya. BBB
PeriPeri2014
post Oct 19 2014, 06:38 PM

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QUOTE(cutealex @ Oct 19 2014, 05:11 PM)
Just bring my cousin to whack 2 biji different project today smile.gif

one in Setapak and one in Bkt Jalil  wink.gif
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wat project??
PeriPeri2014
post Oct 19 2014, 08:06 PM

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QUOTE(Chris Chew @ Oct 19 2014, 07:38 PM)
I was there at 2pm until 6pm.

Quite a fruitful event with loads of ppl. Also saw some ppl booked Tenderfields.
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Tenderfields fully sold out??
PeriPeri2014
post Oct 19 2014, 08:38 PM

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QUOTE(Jasoncat @ Oct 19 2014, 08:14 PM)
I think no lar, about 100 biji balance (excl reserved units) can sapu habis just this afternoon?
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ermm....
PeriPeri2014
post Oct 20 2014, 10:58 PM

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QUOTE(Chris Chew @ Oct 20 2014, 05:32 PM)
Jason Boss, yes, definitely, I am pretty sure the front row facing the iconic istana-feel 3.7 acres garden could command the same premium price as per row backyard facing lake. I believe almost the same price or perhaps 5-10k extra for the Istana-feel, but for a product with RM 7xxk ish, I believe RM 5-10k is very minimal upon decision making.

For the Cradleton, inter lot vs normal end lot ( not super end lot ) is same internal layout, same built up and with 10' ft extra land, if I remember it was RM 120k price difference and about RM 180-200k for inter vs corner lot at the same row.

For this Merrydale, inter lot vs normal end lot, super end lot and corner lot is a bit difference this time. If the pricing is differ by RM 200k, it was a normal catch since the internal layout wider by 2' ft, perfectly balance the exclusive of being an end lot, super end lot or corner lot and the minimum land size of normal end lot is 13' ft with the addition of 20' ft garden separated both of the end to end lots.
My view could be on below ;

Inter unit of 8C is only 2483 sf , RM 768k or RM 308 psf effectively ( thus taking the same price psf for the end lot / corner lot within the same row )

Meanwhile, for end lot / corner of 8C is more typically different animal of it's type due to not much info revealed of the layout, where 3002 sq ft ( - 2483 ) which is an additional of 519 sf ft, and typically, additional 2ft width x 70 x 2 floors = 280 sq ft to be on par with normal intermediate unit, thus the remaning ( 519 - 280 ) 239 sq ft might go to somewhere else such as verandah and side balcony of the end / corner lots.

Thus, in a view of valuer that I known, their methodology of calculating against intermediate unit as below

2483 + 240 usable size = Total 2723 sq ft x RM 309 psf = RM 841,407
239 sq ft ( side or uncovered verandah / balcony ) = 239 x RM 309 psf x 75% = RM 55,388
Additional land, 13x70 = 910 sq ft x RM 250 current value = RM 227,500
( bungalow land is value at RM 150 psf for 6500-900 sq ft land, but for additional land of corner, end lot is est RM 250 psf, the calculation from my valuer friend)

All in all, if valuer able to justify the intermediate at RM 768k, then for end lot with 13’ ft land would becomes RM 841,407 + 55,388 + 227,500 = RM 1.124mil

Above is only my view after discussion with some professional, lol.
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SUPER PRO !!! Salute notworthy.gif notworthy.gif notworthy.gif

PeriPeri2014
post Oct 25 2014, 07:03 PM

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QUOTE(ong_mrp @ Oct 25 2014, 06:06 PM)
Do u think how long you should hold? 7 yrs
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>8 years biggrin.gif biggrin.gif
PeriPeri2014
post Oct 26 2014, 09:16 AM

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QUOTE(Chris Chew @ Oct 26 2014, 12:58 AM)
If u able to hold at least 7-8 years, I believe the timing is something around there and should be maturing.

I believe to hold 5 years is a min, since its RPGT period, but if 7-8 years would be quite nice.
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PeriPeri2014
post Oct 26 2014, 12:45 PM

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QUOTE(hungerybaby @ Oct 25 2014, 08:22 PM)
2014 22x70 in Semenyih 750k, 2016 900k possible?
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possible drool.gif drool.gif
PeriPeri2014
post Oct 26 2014, 01:45 PM

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QUOTE(Chris Chew @ Oct 26 2014, 01:30 PM)
Not really.

Assume u have RM 650k cash and put into FD for 5 years until 2019. After 3.75% compounding interest, it would be estimated RM 130k interest earned.

If u buy RM 650k cash and keep for 5 years and sell it RM 950k in 2019. Cost of acquisition is almost nil and disposal is RM 19k ( 2% of RM 950k ), S&P and misc cost RM 10k and maintenance fee RM 5k ( over 2 years due to first 3 years is under con ).

RM 950k - RM 650 - RM 34k = RM 266k profit ono bfore other miscel cost upon completion.

I assume u buy RM 650k with 10% dp, which is acquiring cost of RM 65,000 and loan RM 585k for 35 years.

Cost of 5 years, 3 years construction period of RM 585k is about RM 30k max. 2 years installment interest portion only RM 2100 x 24 = RM 50k

Cost of disposal, RM 80k interest paid + RM 34k = RM 114k

Profit = RM 950k - RM 650k - RM 114k = RM 186k ono bfore other miscel minor cost. This is with RM 65k capital, no need lock the RM 650k cash.
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Taikor.....u r accountance??
PeriPeri2014
post Oct 26 2014, 02:16 PM

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QUOTE(cutealex @ Oct 26 2014, 02:11 PM)
Cutealex is here...Who wanna meet me later wink.gif
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me cool2.gif

 

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