learned something new today...

but you compare 500k with 300k new and fully furnish property?
bro please compare apple to apple la..
500k can get single storey house also but definitely not at the area.

do u all think will affect sales of 28blvd, same size, price oso same

I booked liao lor. Want to wait somemore boh liao. Block B sold out. Block C left few units only. If want have to wait for Block A which will be higher priced when launched. Or u can hope for some ppl that want to release their booking if u lucky to find.

Overall, I see this is a good project. Good location. Good developer. Good package. This is the time developer gives good package.

Want to wait for official launch ah? can. Buy from second hand market lo see if lucky to get.

buddy, market is weak. bank oso takut, sure got rejection unit eventhough is 288k.
or last minutes pull out
it happened to alot project nowadys

lol. Yes, market sentiment is weak. Bank rejections are mostly due to criterias from bank negara or their own financial record not clean. It does not mean banks are not lending.
This is a mass market price range. Anyone with 3-4k salary with minimal commitment also will be qualified to get a loan.

Dont compare with project above 500k - 1M. Those for sure will be affected by current market sentiment.

boss, may i ask why are you so bullish on this project please?

no doubt absolute price is one of the lowest, but what's the game play here if you do not mind sharing?

did they present the overall masterplan?
with just approx 10% land size being used to launch their phase 1 at a staggering 1500 units.
what are the assurance that the developer would not repeat the same for the other phases?
if so, can we expect 15,000 units pigeon hole in the 80 odd acres?

not trying to be mean or sarcastic, but is just trying to gather more intel as i did not attend any preview nor approach by agents for the fact sheet on this project.

thanks.

kochin kor tutup mata tembak satu biji jeh,
this is the 1st phase, when last phase launch we can cash out alraedy,untung kao kao!!
time is money, those early bird with enjoy good benafit

contradictory to popular beliefs that early birds have the best package, this rings truer especially for large scale and mix development projects.
in certain developments, it may be better to enter in the middle or even last to ride on the intended marketed product rather than early phase.

too early, may result in insufficient critical mass built up. too late, may miss the boat.
so timing is crucial.

give you some scenarios.
eg. commies in KD or even sunway giza, do you think 1st hand purchaser untung more or the people who entered sub-sales then?
same goes for damansara perdana enclave.

i think same may apply for EC too.

so to each their own in terms of investment strategies.

good luck boss!
trust that you are vested?

commi diff with resi,
as i can see from parklane OUG, 1st hand buyer already can cash out,
since this is mix development projects that involve other development,
should have more potential.

just my 2cent.
happy hunting boss

I can totally understand some may be wary due to insufficient information and the hush-hush way it is being marketed. I am too. So I did quite a fair bit of research to see is this a scam or not becoz it sounds too good to be true at first glance. From the bits and pieces of information I get shows this is a genuine project. Last Saturday at Googolplex Convention when Dato Vincent (Andaman CEO) actually appears on stage, it is the confirmation already that fits all the puzzles.

About your concern, will it be the only project sitting there on a big piece of land? IMHO, I dont think so. Why? Becoz they have already bought the land and need to service its loans. Why buy so big, every month pay interest, but not develop it? By completing first phase it wont be enough to breakeven for the purchase of the entire 88 acres also. So for sure they would need to launch the next phase, which would be a 2-3 bedroom condo units. Probably this project they would start to make profit. I have no visibility of 3rd phase yet but why go through so much trouble to make a little bit and stop at phase 2? So it makes sense to develop phase 3. The rumors I heard would be landed houses (Banglo/SemiD/Terrace).

Anyway, that would be too far to think for a 300k prop. At the current market itself, it is the cheapetest new prop sitting in Tier 1 realistically 15mins to KLCC. Yes I have actually went there to check the site and tested the travelling time. (10mins to jam down to Jln Ampang, 5 mins on AKLEH and you'll hit to KLCC parking.) Comparing nearby undercon ones like Elements and MK Tower, this is a steal and even if market stays stagnant, upon completion, you can flip it at 950psft at least and still be cheaper than earlier completed MTower or Elements.

Not forgetting this is sitting on Selangor land and not KL land. So assessment would probably be cheaper also.

Bottom line, I think its a great deal. More importantly, it is a genuine project. The reason they cant market it openly yet is becoz they havent get the approval I supposed since the land purchase is being completed not long ago only. If you check the stock price of Ecofirst, there is a huge spike of volume in early October. Chances are it is institutional buying or huge capital injection in the form of stock purchase (Andaman or Insider).

Hence, I am fairly confident and straight away grab my unit. Some ppl didnt even do any research and grabbed a few already. Many left disappointed unable to get any last Saturday.

Hope that addresses your question.

BTW, I know some ppl who booked a few for flipping. I guess that would be your source left now, if not wait for Block A but definitely would be higher priced already but still a lot cheaper than nearby projects. Good luck.

This post has been edited by Cantalope: Oct 27 2015, 04:30 PM

sounds like a plan.
good luck!

I also got info from Googoplex agent saying future included landed property as well.

Any news update announced by "datuk" in last Saturday.

This post has been edited by moomoosky: Oct 27 2015, 05:27 PM

Project with plenty bookings no use until SPA signed, then will know the outcome....

Many will get loan rejected. As many didn't bothered to go check with bankers.

Better to wait till 1-2yrs, sure can get better deal. Developer will be desperate to clear units. U might even get better deals as many developers are caught die standing now...heheheh

Safer bet with 28BLVD as developer Singaporean, so won't be having financial issue in terms of forex is higher now. Also, I think Andaman is the developer for the Legend water chalet in port dickson. Then I think failed resort, end up sold off and rename to Grand Lexis.

Nevertheless, gov going to implement city limit. 28BLVD is definitely nearer to city which is unlikely to get tol. Also, MRT and LRT stations nearby. MRR2 now already jam kaw kaw, 4 yrs later....hohohoh....parking lot.....hahah

So please do your homework carefully.

Do you mean you're expecting developer will sell below current phase price, says if there are lots of rejected unit?

But if you're taking the road access surrounding 28BLVD, I reckon it's not much different? Due to the roads surrounding 28BLVD in Pandan Perdana are mostly single lane....? Aside from that 28BLVD is leasehold, next to the lake where way to maintain the lake in the long run still in question and also the density is not low too..

Just looking for experienced insights, as I also vested a unit here

They will probably sell same price but give more foc stuff....