Nope. I think is 450/sqf.

I tabled out the Net profit margin for a few KLSE listed property developer last time. Their profit margin in only about 15%

Those are numbers from audited reported submitted to KLSE. Cold hard figures. Not my opinion

your figures very close

Selling price RM530 psf to get 15% margin.

High end, better material, so psf higher. Lower end, not so good material, so psf lower. Give and take, so about there

My one correct. Yours wrong.

Uncle...... how does old properties link with the new construction cost ah??.....   

Or in short.... what does old properties got to do with " construction cost" already??....   

no.

       

Why not you compare with Sarawak jungle there ? 

Everything is different. High rise/low rise, land cost, design, material selection, gated guarded, concept, life style living, material supplier etc etc

The 15% is figures reported to KLSE. Not I simply say one

Very difficult to have meaningful discussion if our knowledge gap is so much difference