Developer typically try to increase the price in subsequent launches so that the buyers of earlier phases will enjoy some paper profits. But whether the paper profit will translate to real profit will now depend on the investor's holding power bcoz after VP, it will take a year or more to sell or rent as generally it takes time to absorb all the new units and tenants also may not like to be the first few to move into a new development. So for those without enough cash to to servive the mthly mortgage instalment for at least a year will resort to price dumping just to sell the house to avoid the bank taking over the hse and selling it in an auction.

this cashflow crunch is even more crucial now as more new units get VPed in the last quarter of 2015 and 2sr Q of 2016. i m talking generally here and does not specifically relate to ecomajestic. Coz it has bcome a buyers mrk due to the property slowdown.

its ok..i m a genuine purchaser but i m also not in the special branch FB.

We just need Jasoncat-kor to update us who are not in the special FB..

launching soon..


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Mellowood Parkhomes. Starting price looking at rm900k. The advantage of Mellowood Parkhomes is that the front of the house ie the living hall and kitchen will be facing the greens and not a road like a normal terrace house like Merrydale. So for families with young children it will mitigate the danger of a child running out and being runned down by a vehicle.


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The salesperson told me they are looking at min gross price of rm900k for the cheapest unit. They have not finalised the rebate amount yet. So after the rebate it may drop to a nett price slightly below rm900k (this is just my guess). When i told him, it sounded expensive for an intermediate terrace hse, the salesperson highlighted that the parkhomes has its advantages over a normal terrace hse in terms of safety for children and also every new phase launched, there will be a slight increase in pricing premium. That was how he justified the rm900k price tag. Anyway on 25 oct, Chang khim wah (CEO of Ecomajestic) and the renown Joey Yap will be giving a talk on the uniqueness of Mellowood and this may form the justification of its heftier price tag. For those who wanna know more on how Mellowood stands apart from the previous launches, do make a beeline to the talk held at Ecomajestic sale gallery on 25 October.

I am sure all of you have received this invite to the CEO and Joey Yap's talk on 25 Oct but i am attaching it here as a reminder.


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anyone considering buying mellowood parkhomes?

i saw the tenderfields sale chart. Tenderfield has several sizes. Most hv achieved 80 to 90% sales except for 1 type (cant recall which type, could be the bigger size one) which only recorded 30% sales. The SA told me they just opened it for booking quite recently but i cant verify whether what she said is correct or not.

i read an i property report on cheras south (balakong) and the writer said cheras south due to its closer proximity to CBD, is a much better location than both kajang and semenyih. Therefore it will enjoy better capital appreciation. any views from any taikor here?

Invesrment in property will help mitigate against inflation.

wah who going and buying mellowood parkhomes?