if don't crash, how? keep going up how? if wait a few years, studio 500k pun kena beli very far away, how?
anyway, it won't be 600rm psf for that location.

This post has been edited by corleone74: Oct 31 2014, 08:56 AM

so is it confirmed? that's a 500 sft studio at 650k. betul ka?

wow, that is expensive.

brudder, do you remember what was bayberry price? also 1k psf? (i actually went to showroom to browse but forgot the price)

This post has been edited by corleone74: Nov 1 2014, 11:05 AM

thanks.. so no difference or marginal difference in price btw p2 and p3. and p3 is better facing? OMG. Lucky i didn't book the bayberry.

if possible avoid buy facing MRT above ground Line, very noisy. I have stayed for 2 year before in such a unit. 530am every morning rudely woken up.

This post has been edited by corleone74: Nov 1 2014, 03:22 PM

Not making any specific prediction as to property price trajectories, but the answer to your question is market may crash or at least correct back to a reasonable level as irrational buying in the past few years have led to mass over leveraging of debt and if the economy crashes, it may lead to an exodus of expat talent as well as people losing their jobs. other factors include oversupply of properties and lack of catalyst developments (MRT having been priced in at this point in the market cycle). Speculative activity has also been rampant these past 4 years and the fear is that prices are now at their peak and far exceed valuations. One only has to look at current expected yields (down from 7-8% for condos a decade ago to 4-5% currently) to know that there is no longer much reason to buy residential properties for rental. Perhaps industrials or commercial may be the way forward for savvier investors.

Anyway, it is always best to buy within ones' means and not to overextend oneself.



This post has been edited by corleone74: Nov 2 2014, 01:27 PM

dear cybermaster, i have been following your kiara park comments for a year now. What is the latest price for a unit there? thank you.

is it the one above the encorp strand mall? only a few units left, and all facing the highway. price is almost 900rm psf. (i think it's about 700 sft for 600++k , if i recall). this was from my visit last month.
as for the strand mall, i love it as it's very quiet - i don't like crowds. But i just wonder how come it's so quiet compared to sunway giza. i think encorp didn't manage or market their mall well.


This post has been edited by corleone74: Nov 3 2014, 09:17 AM

r u sure can get 1.5m for TG? it's around 2M a unit la