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 Cyperus Serviced Residences, Tropicana Garden Phase 4

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Hkwave
post Nov 2 2014, 09:41 AM

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Wow, only 15% sold? Finally emotional buying starts to settle.

Actually even the 1st phase pricing is too high already in my opinion. 2nd phase sales response really made me drop glasses.

Last 2 years property is definitely in a euphoria state. Gurus seminars popping up like mushrooms. Coffee shop talk is all about frying properties. As long as can get loan approve, just buy buy buy. Almost all property launch also kena sapu clean clean.

Now that the buying starts to slowdown. People stop buying new launch, here are the questions to answer for us to predict whether a crash is coming.

1. Last 2 years, how many percent of people who went to ballots are buying for own stay?

2. If there are not for own stay, can they sell in profit after VP? Developer can no longer sell in their new launch.

3. If they can't, is there a market for rental? Can they get at least a 3% rental yield if interest rate stays the same? If interest rate continues to go up, then rental yield needs to be higher.

4. If they can't rent, can they pay the bank installment and hold?

5. If they can, will the economy continues to be good? Last 2 global recession was in 1997 and 2008, is the next one around the corner?




Hkwave
post Nov 2 2014, 09:44 AM

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QUOTE(bigman @ Nov 2 2014, 09:21 AM)
icon city n sunway pyramid still far from this area...

for me...the Grade A shoping mall like Sunway Pryramid, Mid Valley, One Utama, Pavilion, KLCC....and up coming IOI City Mall....still safe...other malls will struggling to get crowd n anchor tenants.....most of the malls depend on cinema to attract crowd....with cinema sure F&B can survive...got F&B sure others retail shops also can survive...so can be say cinema is very important for survival of malls...without cinema....malls just like normal old day super market...Tropicana City Malls is very good example..
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Dude, tropicana city mall's cinema close down already?
Hkwave
post Nov 2 2014, 05:23 PM

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QUOTE(superpigchan @ Nov 2 2014, 04:22 PM)
if you have say 600K -700k budget, which of the following will you go?

1. TG 600sqft 1BR FF leasehold but mixed development, 1CP (700K plus)

2. Dreamcity 1100 sqft, leasehold, walking distance to MRT2, KTM and Mines shopping mall, 2+1BR bared unit, facing lake 2 CP (670K)

3. Kiara Harmony 1 at prima pelangi, 1100 sqft 2+1 BR, freehold, partly furnished with kitchen cabinet and electrical appliance, 2 CP (600K)

4. The Weave Cheras 1000 sqft, 2+1 BR leasehold, besides PGRM, walking distance to LRT, MRT and sunway velocity, 2 CP (700K)

purely for investment purpose, need all sifus comment...
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Why not casa indah 1? Next door to TG only. Half price, at least you are sure price has floored. Buyers who view your unit in future sure have "bargain price" in his mind after viewing TG.

property owners surrounding KD should thank buyers of TG for setting a new benchmark price. I love you all, especially phase 2 buyers. You are the man! rclxm9.gif
Hkwave
post Nov 3 2014, 07:38 AM

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If I want to invest in a property, I will always compare the price to see if I'm able to make some money after VP.

So now, this TG have mall and MRT below it. Selling at 1100psf

Casa indah 1, right next door, have mall and MRT beside it. Selling at 500psf and completed, you can rent out right away, no need to pay bank interest waiting for it to complete like TG.

Which one will make you more money? If you are buying for own stay and have lots of money to throw away, then there is no discussion or analysis needed.

Another comparison, Northpoint mid valley. 950psf. Completed with everything you dream of TG should have but may not have when VP.


Hkwave
post Nov 3 2014, 09:23 AM

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QUOTE(webby88 @ Nov 3 2014, 08:27 AM)
With such price, what is the investment strategy? For own stay, I think it will be a decent place.
Anyone care to share the ROI with some supporting calculation.  I find it very hard to comprehend.  Also the vacancy period that has to be assumed with the number of units.  Unless, one have the holding power.
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If you ask me and not rush for own stay. This is how I will do it.

If you are aiming the 1300sf TG which is at 1.4mil now.

1. Buy 2 casa indah 1 now and rent it out.
2. 5 years later when MRT and mall is matured. Sell it and buy your love TG 1300sf.

Maybe this is the cheapest way to stay in your dream condo TG.

Just blowing water la. :-) got no time to do all the calculations. You should do it if you are really serious about it.
Hkwave
post Nov 3 2014, 03:30 PM

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To me, this is more like, why buying a 1.6CC CLA Merc from a dealer that needs you to wait for another 2 years for 220k?

Whereas you can get a 1.6CC CLA Merc from another dealer for 190k, and you can collect keys right away. :-)

Sorry ah, hope what I'm saying is consider facts as well, if you want to listen.

Anyway, I'm grateful to all the TG developer and buyers, because they are adding value to KD. All condos around will surely benefit. Peace.
Hkwave
post Nov 4 2014, 06:55 AM

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http://www.iproperty.com.my/propertylistin...ominium-forsale

I think this is a better deal, no offence. Just my view. Cheers.

If you want mall, MRT comparing to the 1300sf TG


This post has been edited by Hkwave: Nov 4 2014, 06:57 AM
Hkwave
post Nov 4 2014, 07:06 AM

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Oh, "new effect"? Got it :-)

Anyway, just my view la. I'm not always right. Cheers! Bros and sis. Congrats on your purchase! Like I say it only brings benefit to KD.

This post has been edited by Hkwave: Nov 4 2014, 07:08 AM
Hkwave
post Nov 9 2014, 03:36 PM

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Similar price range and size in KLCC area.


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Hkwave
post Nov 15 2014, 07:45 AM

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QUOTE(Babizz @ Nov 14 2014, 11:40 PM)
Haha if i bought TG n haven't sign the SnP, i'll cancel liao cos luxury apartments in KL also not price increase, how Kota damansara wanna increase  tongue.gif
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Taught got "new effect"? tongue.gif


 

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