The Matrade convention center is 4 times bigger than the KLCC one and it is the only one which can do Military expo so far (We heard... dunno how true is that), so if the MRT line 3 is not going to take off.... it's consider suicide for themselves.
Most ppl think by buying a small unit 494sf with 500k b4 10% rebates, they will only need to put 25k to grab a unit... if they can get 85% loan. Price is 910psf after rebate... while nearby subsale is 1000psf to 1400psf (The Signature Hartamas, Plaza Damas 3, Solaris Dutamas Publika, I-Zen@Kiara 1, Verve Suites) , dunno if we are comparing apple to apple or not

.. and the coming up next 3~4 residential within this Metropolis will base on Arte MK pricing as a benchmark.. the later they launch the new projects the more expensive they will sell (is normal)
So once it's vped by second half 2019 and 6months for them to provide the partly furnishing.... most of the unit can be obtained only at early 2020 ...
Says 5yrs later at year 2020 if sell at 1300psf for 494sf unit would be 642k, which is the price of KLCC now, without RPGT (if signing SnP by Aug2015 and sell after Aug 2020), lets do the maths here ....minus the agent fee 13k and legal fee 5k... 642k - 450k (after rebate) - 13k - 5k = 174k Nett Gain.
174k/25k downpayment is almost 700% in return for one small unit over 5 yrs.... I can see tat now why soooo many ppl even newbies, property agent and bankers themselves also tents to grab one or more units from tis projects, and I can see why the greedy developer claimed that they are yet selling too cheap and tents to increase the price by 8~10% during soft launching after this bulk purchase .....
I will foresee most of the units like 1000 over total of 1600 units will be selling just right after vped.... for home stay 494sf seems bit small, for those so called investor they sure goreng goreng gao gao bcos of low cost entry 25k per unit....like Chinese said small knife cut big tree
I see this project is mainly built for "investor" goreng one ....
Question is after factored all in ....can the small units sold at 1300psf by year 2020 with 640k (bigger unit duplex will sell cheaper psf) ??
Like those taikor said... really need to do homework first...and buy only when feel comfortable...
my friend told me he was offered to buy a 484 sq ft for a nett price of rm464,400 yest. This translates to RM959.50 psf. How did u get RM910 psf. Is the RM910psf price the initial launch price?