"For sure the mall will succeed. But how's the condo?"
LOL bro i think you already answer your own question

Bla bla concept, branded developer, come come to buy! Once all condo fully sold, agents and developer both fat fat. Buyers are on their own, no tenants, poor rental yield, oversupply, high maintenance cost, high dense and high living cost, wow, these info no agents inform ? Why ppl still wanna clean the neck to let them chop?

Went there this morning,
Look like a lot people are interested.
Small unit even without good view can also selling fast.
A sign of good economy recovering....😆

I think a lot of people being fooled into the terminology of return. you need to compare to the opportunity cost in this case.

Firstly if you have 100k case, lets assume with FD, you will earn let say 4% per annum, 4k per year.

Now , investing that 100k into deposit of a 500k property, will resulting in 2 things:

1. no more 4% return or 4k per year
2. You need to pay 4.5% on the loan (400k) , assuming all the cost covered and assuming property is completed. which is about 18k a year.

So, if you want to maintain 4% return on your 100k, you need to rent out the said property at min 22k a year (assuming again no other cost , like assessment, maintenance, etc). So roughly you need the rental to be about 1900 per month. on a 500k property (Assuming again that is the market price), your rental yield is about 4.4%.

take note that the rental price is driven by market and not what we desire unless the demand is so high that the owner can call whatever rental fee that they like. But still, there will be a limit , before the demand shifted or reduced due to increasing rental.

You may argue that property give you capital appreciation, that is true and only valid when the market (direct or indirect) is not suffering or you are not buying at inflated price.

SAme like stock market, you need to choose what to buy and when to buy, seriously, how many really knows for sure.

Invest in property just take it as force saving lah...

Imagine got 100k cash in hand...itchy backside will use for travel lah..buy expensive watches lah upgrade cars lah macam macam.....

my point of view , Luxury Mall in Klang Valley only this 3 : KLCC , PAVILLION, GARDEN. Maybe the upcoming Mall PAVILLION DAMANSARA HEIGHT. Must See whether they get the real luxury retail tenant or not( like prada, Gucci , LV , channel etc

starhill le?

Million dollar for high density condo is no sense. It is better to invest in Eco city or BBCC.

Better buy saving plan from HLB

only indicative price given RM880/sqf

RM depreciate, only the figure look big later no value bro😥

Buy stock better.

Economic bad, whole property market bad.
Economic bad, some stocks perform better. Even bad also giving dividend more 4%

Dont invest blindy. This period simply invest property mostly help the property agents earn money only. Must invest wisely in only good property (very limited 0.01% ) , if own stay then another story.

A lot of improvement room for their layout design.

Lousy design and layout, taking full advantages on the buyers by branded name, dun fall into the trap of agents. Keep promoting the unrealistic projection. So many has fall into park1, still using the same old trick on park2.

Why so frustrated bro, hope u r not the so call vitim of park1

Not me bro, pity some frens stucked. Now still many units of park1 for sales, anyone interested fas go go to buy.

Really?
Can show here ka?

I tot fully sold ??

For your info and those who did not know the actual info.
1100units of Park 1 still left about another 50 more units to go
Mostly high floor, if you like staying high above the ground enjoying good views then you may consider.

May I know the latest net selling price psf for Park 1 and available size?

TQ