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 Kwasa Damansara, 2k acres development in damansara

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taiping...
post Apr 30 2017, 02:47 PM

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DS4
post Apr 30 2017, 04:00 PM

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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
SUSNew Klang
post May 1 2017, 11:56 PM

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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....
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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Something is brewing this year. Get your finances prepared.
Momomimi
post May 6 2017, 04:49 PM

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QUOTE(New Klang @ May 1 2017, 11:56 PM)
Something is brewing this year. Get your finances prepared.
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Pass by saw this board picture not sure u guys is it mention this project
Attached Image

Manage to copy the website is kwasacitycentre.com
LDP
post May 6 2017, 07:40 PM

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QUOTE(New Klang @ May 1 2017, 11:56 PM)
Something is brewing this year. Get your finances prepared.
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No need prepare, sure overprice lor ....
SUSNew Klang
post May 6 2017, 08:41 PM

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QUOTE(LDP @ May 6 2017, 07:40 PM)
No need prepare, sure overprice lor ....
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Yes. Big decision. Wait and see.
SUSNew Klang
post May 6 2017, 08:43 PM

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QUOTE(Momomimi @ May 6 2017, 04:49 PM)
Pass by saw this board picture not sure u guys is it mention this project
Attached Image

Manage to copy the website is kwasacitycentre.com
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Yes. Progress slow.
theevilman1909
post May 6 2017, 08:59 PM

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they waiting for GE14 to over first, then only fast track the progress? hmm.gif
Late_Comer
post May 6 2017, 10:06 PM

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Babizz
post May 13 2017, 06:52 PM

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this project has been moving very slowly from the start. finally see some traction.
DS4
post May 13 2017, 07:35 PM

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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
LDP
post May 13 2017, 08:24 PM

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If sell to reputable cash rich developer then no cash flow issue..no need joint venture also.
theevilman1909
post May 13 2017, 09:07 PM

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maybe Singapore developers comes in??
ghoster
post May 13 2017, 09:19 PM

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love the location of this project. definitely would buy a property here
DS4
post May 13 2017, 10:47 PM

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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??

mthc
post May 16 2017, 11:03 AM

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Never know if a China firm will come in
BRE
post May 16 2017, 11:11 AM

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Heard china co bot serenia city so may come in here oso mayb part of obor project?
JohnnyC1949
post May 16 2017, 11:51 AM

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QUOTE(BRE @ May 16 2017, 11:11 AM)
Heard china co bot serenia city so may come in here oso mayb part of obor project?
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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 shocking.gif

Is good to see more affordable home to be develop in Kwasa land......
BRE
post May 16 2017, 12:03 PM

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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
mthc
post May 16 2017, 01:08 PM

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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.......

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  shocking.gif

Is good to see more affordable home to be develop in Kwasa land......
*
Errr correction?

2 MRT in kwasa and also because owner is EPF?


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