It largely depends on the purpose of purchase.

High risk High gain product.

The best purchase is either early bird to enjoy opening units or late birds to close the units.

Flip at RM 950 psf? Too low. Should be at RM 1300 psf. M City sells at RM 1200 psf. No?

1200?? Y not 1500??

Sound pretty good capital appreciation!

300K + 4 year interest = 330k approximately
Let's say took full loan at 300k on 30yrs loan tenure at 4.5% interest rate = Monthly payment amount is 1.5k + monthly maintenance fee is 150 (total is 1650)

If aim for rental at least need monthly 1.5k. If aim for capital appreciation at least 380k. Boleh jadi ke?

U all sure the interest rate wont increase through out your loan period??? Anyway, is this a commercial unit? Any GST?

$300,000 units are for lower floor. Higher floor u need to pay more. Then must check with developer how many car parks available since only 1 car park is allocated.

Received this email.. Just for sharing as I thought the project is hot until sold out... but seem like some property guru is involved... Judge yourself..

Dear Friends,



We either exchanged contacts or you gave me your emails in relation to property deals in the past. Either we met or you attended one of my talks or we connected on Facebook. I DO NOT LIKE TO SPAM and you know this because it has been so long since I last sent any mass email.



This is a deal I feel I must share with friends and associates because of the CRAZY OVERNIGHT QUEUE some of you heard of last week. 800 units taken in 3 hours for a project in Ampang from only RM299k!! It is BMV and super affordable, that’s why it was snapped up. (3 hours sounds really crazy. Of course marketing efforts were done a month prior)



Since all SOLD OUT with a long Waiting List, why bother to share? Because an associate of mine has secured about half a block exclusive for his members and friends, and he has extended it to me and my circle. NO I am not selling it. He offered me to do so but I had to turn down the offer because of a conflict of interest. As a favor I am helping him to let the word out, and also as a way to benefit my friends. Check out my FB to see how I have openly declared that I cannot sell this due to my association another established industry player and that I am doing this just to benefit friends. Add me too if you have not, easier to stay in touch.



www.facebook.com/alexander.woozy



A Few Selling Points:

ü Only 299k onwards

ü 1st Phase (6acres) of 88 acres (guess next phase will be priced higher or lower?)

ü Freehold in Ampang

ü 5km radius from KLCC

ü Fully furnished (with Fridge too)

ü Free carpark

ü Free SPA

ü Generous facilities

ü Transferable (no penalty) in case you want to let go (long queue waiting to take over)

ü Rumored that 3rd block (first 2 blocks fully booked, except these exclusive units) to be priced higher

ü Some guessing 10-15-20% higher, instant paper gains





If you are interested, drop me an email. There are a few ways you can grab a piece of the action:



ü Attend the FINAL Preview this week and grab the remaining units before they sell out (not the best but fairly decent units remain)

ü JV with me or my friends who have secured GOOD UNITS to hold for CAPITAL APPRECIATION & ROI (we took some corners with unblocked KLCC view)

ü JV with us on the GOOD UNITS to be flipped (some are asking for capital injection to hold more good units)

ü Any combination of the above and share this with friends TODAY (Final session to clear units is Tomorrow 30/10)



You can see on my FB that as an investment speaker I have NEVER endorsed a project openly. This is the first time because I saw the opportunity at Near-Zero risk (can transfer to waiting list) and that the deal is very reasonable. I am investing in and want to benefit my friends. I am also looking for JV partners for myself and my friends who booked. Act fast if you or anyone you know are interested. Make sure you are free this Thursday evening. Email for details on the preview.



Regards,

Alex



P.S. Those who are keen, I will share the venue/time for preview. Must RSVP. Then you can find out from the PIC directly and decide if you want to proceed. I will not be involved in that process.

One thing..

Developer allow transfer booking without penalty...

Im sure the unhealthy Extra Top up scene will happen soon?

If the developer is strong and confident.. this cant be happen

At this price, it's very affordable, hence I'm sure there are some who wack a few units and later release their booking with extra top up like what you said for couple of thousand. But I think its still worth to grab it as those are the real early birds with good units. I'm sure they want to be paid for their effort for queuing there overnight. A very small premium to pay for other ppl's effort for a potential profit of >200k profit flipping upon completion. U guys can do the maths. If I haven't got one earlier, I would go and find these buggers. I have done enough research to convince myself this has good potential with alot of capital gain in times to come.

BTW, I just found out the entire master plan has recently been approved already by the council. Expect to hear the Developer (Andaman & Ecofirst) emerging in public soon. Expect future launches to be more expensive also.

Cantalope, care to share with me the master plan being approved?

Is it high risk of landslide at the area? because the location is just next to dataran ukay.

http://www.malaysia-today.net/58-residenti...landslide-risk/

as pat kor said,
this project is high risk high return product

highrise, high density at/near famous melt butter land.

This post has been edited by HELLO HELLO: Oct 28 2015, 04:43 PM

waa,wangsa, setapak also kena..

.....waiting till u see the loan reject list lah.....don't worry lah.....at least 30% from booking will change mind or rejected by banker....

so many project can't sell finish, I doubt this can......

It's classified information I cant share much. But what I can say is Block C would be the best block among the 3 blocks in phase 1. But take note of the new SUKE elevated highway that will pass right in front parallel on top of MRR2, but I suppose it's only about 15m height and wont block any views even on the 8th floor units, but certainly will offload some traffic from MRR2.

Phase 2 will be just directly behind phase 1, about twice the landsize of phase 1. Something is there....

Phase 3 will be just behind phase 2 and would be the size of phase 1 and 2 combined and have 2 parts. Residential and Recreational.

To the south of phase 1, that's the IGB land. Something nice will be coming up there also.

For certain major development, it's advisable to enter in phase 1 by any means you can. You will almost always have capital appreciation for any future new phases coming up.

All I can say is I'm glad to have mine, and wished I could have more if only I could borrow more. Hope u guys able to find some loophole to get one too.

That's all folks!!

vry good price indeed but concerns on the developers execution (completion) & ultimate supply. If buying for ownstay or weekend home n if ok with highland tower inciden then ok mah!

This post has been edited by Babizz: Oct 28 2015, 09:34 PM

Thanks for the heads up, chief

The phase 2 behind is high rise development or....?

Actually I took unit no.7 Block B corner, facing the swimming pool & phase 2 parcel..

Not fancy block C due to next to MRR2, although can view KLCC from side windows..

I'm looking to keep it as retirement home