QUOTE(sweetlemonande @ Nov 5 2014, 09:38 PM)
pending to buy for investment, taiko chris, any comment
Plenty of ppl ask me this question, but quite subjective to every individual.
It also depends on our holding power & range and expected gain if to invest. Min expectation must be required for such a great township, or any new township first ever phase.
For me, Merrydale can be a good buy provided able to hold 2 years upon completion, it could be min period bcz it is expected to completed after Cradleton & Tenderfields completed for few months. And neighbours, SEH majority had been completed abt 2-3 years upon Merrydale handover.
Furthermore, Ivoris, the commie gonna kicks in next and expected to complete in shorter period due to individual title, thus the commercial is thru in to the township by 2017 and can be taking time slowly to gain momentum. F the commercial able to fetch in good tenants, restaurants, cafes, stores and banks, it would be a huge boost to the residential precinct.
If one wish to buy Merrydale now and expected RM 200k gain upon completion, I would say it is quite high risk. I doenst mean it is impossible bcz 2017-18 is way to go but at this market, it could be difficult, it is also applicable to any new township esp phase 1.
I like the risk of being too many units completed at the same time, landed I mean, EM + SEH by 2017 would be expected 1500 units but for me this is a good number we can sustain bcz both are combined 1700 acres township, not 2 highrises on the 10 acres land along the same toad with 1500 units. A low percentage of occupancy in high numbers can bring in more headcounts of residents.
Property bull run slow down, 2014 is slower in subsales than 2013 and if 2015 is remains stagnant, it can be a hit to those with property completed and handover now but I have an expectation that the property segment will comes alive once the correction period has over. Thus I believe 2018 is a good year, and 2019-2020 would be great time.
Meanwhile, those I recommended to buy for own stay, esp my Seremban, Nilai, Sg. Long, Kajang friends, they didnt ask too many questions upon their visit and made their booking.