Number of transaction dropped drastically because vendors are holding back for higher price, so kv property price will uuu.

AEON Mahkota Cheras Mall was on the market with the reserved price of RM80 million or RM378 sq ft.

It seems many kv residential condo is more valuable than commercial property. Huat Ah!

You see.. they also know 1 wrong step heavy debt plus commitment 30 years.. property not owayls good one meh..

suddenly got risk? Basic is buy inflated prop.. formula X +200K.. then must belip them it will naik.. but no buyers oni..

dun juz listen to them.. or me.. go to the location.. aak agent for viewing and oricing.. how long vacant.. then u will know.. propeety can jalan or not..

these ppl blow trumpet for d properties acquired god long time ago.. like 10 years.. u ask them to buy d price they selling see wat reaction u get..

it is different wen asking you to buy.. sure ok.. ask them buy? Middle finger is confirm

Based on past samples of comparison between DIBS properties and non-DIBS properties (see chart), the price difference is 10% to 20% and some even as high as up to 25%.

That would mean that if a property was proposed to be launched at RM500,000 and if the developer were to offer DIBS, the developer would be pricing the said property at RM600,000 to cover for so-called “interest cost during construction (say three years)” that the developer is absorbing.

This artificially inflates property price which has a push effect on:

> Prices of subsequent new launches as future launches must be priced much higher than RM600,000, probably closer to RM700,000, thus making subsequent new properties more unaffordable.

> Prices of existing properties can also increase overnight by up to RM100,000, thus making existing properties also more unaffordable.

Property prices also have a spillover effect and can push up prices properties in surrounding locations. Properties launched in Mont’ Kiara will immediately push up prices in surrounding locations including Kepong and Segambut which will eventually affect the cost of properties in Cheras, Kajang and Semenyih too.

http://www.thestar.com.my/business/busines...e-house-buyers/

jolokia guess this was how kv property price went up by 20% p.a.

You reap what you sow, it is about time chickens come home to roost.

The KL118 Tower will be Malaysia’s tallest building and is slated to be ready by 2019. It is planned to be over 500m tall and will surpass the 452m Petronas Twin Towers.

http://www.thestar.com.my/business/busines...ntract-awarded/

If the skyscraper curse is to be believed, mys economy will be in recession in about year 2019.

Talk about Amaya, got one ktard use that name right? UUU dude that always bash DDD.

Dunno what happen with his Amaya unit.