If current market sentiment persists, over supply is unlikely to be fully consumed by 2020.

how was the response the official launch?

correct because thats all they care about, the dough...

lol

nearby Putramas has about 3k units. right now asking price around $500 psf. wouldn't it be better option? no need to waste rental or interest during construction period like ERA. Risk wise is much much lower (project delayed due to recession, developer not deliver per promise, no link bridge or so on..).
location wise, Putramas is also slightly better right?

This is call sub -sales.
There are pro and cons depends how do you look at it.
SUB SALES
Old property
old technology
Old infrastructure
lawyer fees fully beared by your good self (Estimate RM20,000)
No Rebate
No more warranty
price has markup at least 20% or more from original price after completion the project

NEW DEVELOPMENT
New Design
New Concept
rebate
Better infrastructure
Lawyer fees beared by Developer (majority)
2 years Warranty usually

In term of Risk, looking for reputation developer like Sunway, Simedarby, IJM, Tropicana, JKG
Therefore, I prefer new development
Good Luck to you

Putramas 1 was launched around 130-150k.

Heard the quality is quite bad.. I might be wrong

what is the price now?
standard is 20% at least with property market average
Now the sub sales has drop due to market is sluggish

i think asking price now is $500psf for Putramas II and III, thats at least 20% below Era.

yup there was quality issue with Putramas I, but not sure about II and III. anyway, Putramas resident is in better position to comment on this...

Dear Sifu,

I just booked 1 unit last weekend, this is my 1st own purchase property.

I book 640sft with the price at around 400k. I do not plan for own stay, i use it for rental purposes. Do you guys think the demand for rent will high? There is around 3000 unit in the era itself, plus SP i guess will exceed 6000 unit in that area.

However, can I say that the target rental market between Era and SP will be different as Era is selling modern lifestyle (only if thier selling point work)..

I do some quick search see that SP3 rental is currantly at around 1.4k for 1 bedroom size. So is not that bad as the rental can easily cover at least 70% of my installment..

Bought already....file yr doc away and look at them 4 yrs later loh...

We dunno what the situation will be 4 yrs later...

high density, negative cash flow, traffic jam, not cheap. good luck.

Its not gonna be jus exceed 6000 unit

Riana dutamas beside segambut ktm will hv another 3000 unit

In future future tan chong motor land to be develop n its gonna hv another > 3000 unit

Wow

Finger cross.. let wish future tanchong land will use to build office building or shopping mall..

Did someone say land is no longer produced and kv has run out of land?

This post has been edited by icemanfx: Apr 19 2017, 12:50 AM

Just imagine ... 3000 been sharing in same platform ! 😱

Read these 2 reports below :-

http://www.theedgeproperty.com.my/content/...ection-jkg-land

http://www.starproperty.my/index.php/artic...-at-duta-north/

The interesting thing was, in The Edge article back in November, 2016, it was stated that the 277,000 sf retail would be retained by the developer. Similar statement was missing in The Star article.

Of course the developer may still have the intention to retain the retail and open a shopping mall.

If I am a purchaser of this project, I will want to know :-

- what is the developer intention with regards to the 277k retail space?

- if the developer wants to retain and open a shopping mall, do they have the expertise to manage a shopping mall?

- is that location suitable for a 277k shopping mall?

- what if the developer subsequently disposes off the retail portion and the tenant mix becomes uncontrollable?

Promises are empty, unless can be reduced to something in black and white.

Now Klang Valley already in mushroom with condo project everywhere ( not only this area), high density , heavy traffic,
Therefore chances is looking for outside klang valley lo

hi guys no updates?