Parking
Kwasa Damansara, 2k acres development in damansara
Kwasa Damansara, 2k acres development in damansara
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Apr 30 2017, 02:47 PM
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Senior Member
1,056 posts Joined: Apr 2016 |
Parking
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Apr 30 2017, 04:00 PM
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Senior Member
670 posts Joined: Aug 2016 |
The only reason this project is yet to started must due to capital equity and funding issues....
I don't think the reason for delaying launching was due to slow market demand. Necessary adjustment to early forecasted gdv is needed particularly due to current market demand for affordable housing. Yet, revise in gdv will need to re negotiating a lot of terms and conditions with politicians, land owners, founders and spv stakeholders |
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May 1 2017, 11:56 PM
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Senior Member
4,998 posts Joined: Dec 2010 |
QUOTE(DS4 @ Apr 30 2017, 04:00 PM) The only reason this project is yet to started must due to capital equity and funding issues.... Something is brewing this year. Get your finances prepared.I don't think the reason for delaying launching was due to slow market demand. Necessary adjustment to early forecasted gdv is needed particularly due to current market demand for affordable housing. Yet, revise in gdv will need to re negotiating a lot of terms and conditions with politicians, land owners, founders and spv stakeholders |
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May 6 2017, 04:49 PM
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Junior Member
57 posts Joined: Jun 2014 |
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May 6 2017, 07:40 PM
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Junior Member
639 posts Joined: Sep 2011 |
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May 6 2017, 08:41 PM
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Senior Member
4,998 posts Joined: Dec 2010 |
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May 6 2017, 08:43 PM
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Senior Member
4,998 posts Joined: Dec 2010 |
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May 6 2017, 08:59 PM
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Senior Member
3,969 posts Joined: Nov 2016 |
they waiting for GE14 to over first, then only fast track the progress?
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May 6 2017, 10:06 PM
Show posts by this member only | IPv6 | Post
#29
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Junior Member
19 posts Joined: Apr 2017 |
Parking
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May 13 2017, 06:52 PM
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All Stars
12,529 posts Joined: Feb 2013 |
this project has been moving very slowly from the start. finally see some traction.
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May 13 2017, 07:35 PM
Show posts by this member only | IPv6 | Post
#31
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Senior Member
670 posts Joined: Aug 2016 |
Definitely something big is coming...
But without financial support or funding from overseas, I doubt any of the local developers are capable of developing this mega development. Consequently, the most difficulties part either to be done by local or oversea group... Eventually is still go back to financial funding and cash flow. The land owner sure know what I means... The charged land will not easily been lifted without financial inflow to support. Don't be surprise that this land will finally develop by bank institution with jv with China contractors |
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May 13 2017, 08:24 PM
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Junior Member
639 posts Joined: Sep 2011 |
If sell to reputable cash rich developer then no cash flow issue..no need joint venture also.
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May 13 2017, 09:07 PM
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Senior Member
3,969 posts Joined: Nov 2016 |
maybe Singapore developers comes in??
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May 13 2017, 09:19 PM
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Senior Member
641 posts Joined: Dec 2007 |
love the location of this project. definitely would buy a property here
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May 13 2017, 10:47 PM
Show posts by this member only | IPv6 | Post
#35
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Senior Member
670 posts Joined: Aug 2016 |
Cash rich developers will only considered to buy this land if Kwasa is to sell lower or below the current market value due to current soft market.
The problem is currently all the land are charged to bank base on current valuation value. Who ever interested parties will need to settle their outstanding charge in order to gain the development right... So, this what happen in our country....now... Land charge to bank, money used up,.... Only have to wait for the land to appreciate in value, Then only can find the new investor.... Sound familiar like?? |
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May 16 2017, 11:03 AM
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Senior Member
4,525 posts Joined: Feb 2006 |
Never know if a China firm will come in
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May 16 2017, 11:11 AM
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Senior Member
7,348 posts Joined: Jun 2014 |
Heard china co bot serenia city so may come in here oso mayb part of obor project?
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May 16 2017, 11:51 AM
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Junior Member
41 posts Joined: May 2017 |
QUOTE(BRE @ May 16 2017, 11:11 AM) it seem that the Gov is more keen to market all the trophies prime location example TRX, Bdr MY compare to Kwasa land.......overall Kwasa land do have huge potential same as all other Gov GLC project, problem is just how well manage the GOV GLC running the project.... with one MRT station located in Kwasa land & 2 station away to KTM Sg Buloh station & next to Kota Damansara & Sg Buloh, Kwasa land do have huge potential if planing go as plan.... Private Dev like Mah Sing & SDB do had project coming up ard Kwasa Land.... even MS Dev currently selling RM800 psf fr its service apartment Is good to see more affordable home to be develop in Kwasa land...... |
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May 16 2017, 12:03 PM
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Senior Member
7,348 posts Joined: Jun 2014 |
Epf is d owner of kwasaland so d reason y gomen didnt court china co 2 develop it is bcos it is nt owned by 1mdb. Trx n bm land previously owned by 1mdb
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May 16 2017, 01:08 PM
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Senior Member
4,525 posts Joined: Feb 2006 |
QUOTE(JohnnyC1949 @ May 16 2017, 11:51 AM) it seem that the Gov is more keen to market all the trophies prime location example TRX, Bdr MY compare to Kwasa land....... Errr correction? overall Kwasa land do have huge potential same as all other Gov GLC project, problem is just how well manage the GOV GLC running the project.... with one MRT station located in Kwasa land & 2 station away to KTM Sg Buloh station & next to Kota Damansara & Sg Buloh, Kwasa land do have huge potential if planing go as plan.... Private Dev like Mah Sing & SDB do had project coming up ard Kwasa Land.... even MS Dev currently selling RM800 psf fr its service apartment Is good to see more affordable home to be develop in Kwasa land...... 2 MRT in kwasa and also because owner is EPF? |
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