Is the party over? Or just taking a short break?
Cyperus Serviced Residences, Tropicana Garden Phase 4
Cyperus Serviced Residences, Tropicana Garden Phase 4
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Nov 2 2014, 11:09 PM
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#1
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1,346 posts Joined: Jul 2009 |
Is the party over? Or just taking a short break?
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Nov 3 2014, 08:27 AM
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#2
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1,346 posts Joined: Jul 2009 |
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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Nov 3 2014, 10:56 AM
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#3
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1,346 posts Joined: Jul 2009 |
QUOTE(Hkwave @ Nov 3 2014, 09:23 AM) If you ask me and not rush for own stay. This is how I will do it. Agree with you that there are many other investment choices than this for this price.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. |
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Nov 10 2014, 11:50 PM
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#4
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QUOTE(MrHunter @ Nov 9 2014, 02:59 PM) Everyday price ll reach another peak. Matter of affordability. Tropicana Garden sales just reflect the true the fact that the price is not reasonable anymore and not justify the future price. Good sign for other developers to consider when thinking its pricing. The Developer think they can push the price up and people will follow. Now the price is way ahead of the market and followers cannot catchup. Did not even realize that the present situation is different from the past. In the past, future pricing was strongly supported with DIBS and high LTV. |
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Nov 11 2014, 12:29 AM
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#5
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QUOTE(Babizz @ Nov 11 2014, 12:25 AM) yeah las time little deposit if any and no payment till VP.. nowadays mus factor in the interest all.. At least now we know the pricing threshold for an integrated development in KD by an established developer. Question is how much time it takes to breach this level.But the sales is unbelievably bad.. I think they are gona have to hold back the 4th tower.. moreover, 2nd tower owners are pissing bricks now |
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Nov 11 2014, 11:48 PM
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#6
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1,346 posts Joined: Jul 2009 |
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Nov 12 2014, 08:23 AM
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#7
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Nov 12 2014, 10:04 AM
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#8
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QUOTE(Babizz @ Nov 12 2014, 09:21 AM) I think there are multiple factors involved.1. Prices have gone up. Affordability remains for the mid to upper class. 2. Many investors have already over commit. 3. Banks are getting difficult. 4. Many people wait and see. 5. LTV 70% is too heavy. |
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Nov 19 2014, 10:34 PM
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#9
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Nov 19 2014, 10:36 PM
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#10
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Nov 19 2014, 11:06 PM
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#11
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