Windows On The Park • WOTP @ Cheras South (V4), By Selangor Dredging Berhad
|
|
 Apr 28 2018, 10:00 PM
Return to original view | Post
#1
|
 
All Stars
21,457 posts Joined: Jul 2012  
|
QUOTE(HELLO HELLO @ Apr 26 2018, 11:34 PM) Big green field Macam can play golf 😂😅 Who are the owner of the green field? the developer, dbkl or jmc? what is the chance to put a building on this idle land? |
|
|
|
|
|
Apr 29 2018, 08:06 AM
Return to original view | Post
#2
|
|
All Stars
21,457 posts Joined: Jul 2012
|
QUOTE(goodiemangold @ Apr 29 2018, 07:53 AM) A lot of buyers in sdb props r cash rich investors with holding capability. Tat's coz they r recurring buyers tat have ady made a lot from sdb previous props. Those who sold and made at early stage of property bull run are likely to pour back and more on property investment. For reasons, only 3% of adults have over us$100k net worth.So u don't really see a lot throwing prices. Mayb just a few new buyers If there are many cash rich owners, they would have pickup foreclosure units at higher price. With a few foreclosure units sold at substantial cheaper price, these prices will be reflected in subsequent valuation by reputable valuers. This post has been edited by icemanfx: Apr 29 2018, 11:37 AM |
|
|
Apr 29 2018, 11:46 AM
Return to original view | Post
#3
|
|
All Stars
21,457 posts Joined: Jul 2012
|
QUOTE(Volkswagen2 @ Apr 29 2018, 09:38 AM) For a rather "hot" property like this Windows on the Park which is said to have high appeal for its exclusivity, it's a surprise because most would have expected a lot of interest either from prospective owners or investors looking to earn a quick buck. Those bank auction units of new properties are mostly "not-so-hot" projects, those which have low interest. For this WOTP, not too sure if the bank auction units are mainly owned by property investors who only want to sell or rent, owners who are looking to invest, or owners who are looking for own stay but fail to pay the monthly loan. Perhaps property investors would account for the highest number of the bank auction units, if not all of them. During property bull run, almost every new launch is hot and almost everyone could obtain bank loan during that period. Like u.s subprime crisis in 2006, those overstretched borrowers are suffering and bringing down property price.Those cash rich investors could hold on to their asking price at their whim and fancy. It doesn't take many foreclosure to pull down valuation price. A drop in valuation price could start a vicious cycle of price downfall. This post has been edited by icemanfx: Apr 29 2018, 12:38 PM |
|
|
Jan 5 2020, 06:59 PM
Return to original view | Post
#4
|
|
All Stars
21,457 posts Joined: Jul 2012
|
QUOTE(Johnsmith1175 @ Jan 5 2020, 05:07 PM) Just saw the brickz report. Small unit 900sf here transacted price really steady and high with almost reaching rm700psf. Could be the highest value in cheras south area. Likely inflated for buyer to obtain loan without down payment or cash back from loan.Heard small unit launching price after discount it was about rm450k. |
|
|
Jan 5 2020, 08:11 PM
Return to original view | Post
#5
|
|
All Stars
21,457 posts Joined: Jul 2012
|
QUOTE(Johnsmith1175 @ Jan 5 2020, 07:57 PM) For the small unit 900sf, definitely buyer bought from owner, not developer because those small units fully sold out before the project completed. For big unit I'm not very sure. With these 2-3 years gloomy economy, i don't think any bankers or valuers willing to inflate the price for buyer to obtain loan. Then the buyer paid above m.v?This post has been edited by icemanfx: Jan 5 2020, 08:11 PM |
|
|
Jan 5 2020, 08:41 PM
Return to original view | Post
#6
|
|
All Stars
21,457 posts Joined: Jul 2012
|
QUOTE(Johnsmith1175 @ Jan 5 2020, 08:19 PM) Could be the buyer like the small unit so much and don't mind to pay above m.v. 😂 The feng shui of that unit is very Ong for owner, certainly for previous owner. |
|
|
Jan 8 2020, 10:23 AM
Return to original view | Post
#7
|
|
All Stars
21,457 posts Joined: Jul 2012
|
QUOTE(Stamp @ Jan 7 2020, 04:35 PM) There are a number of the 900sf units on subsale. The selling price of the units has been pretty steady. None are selling below RM600psf. No vendor is willingly to let go at below perceived market value. however, asking price could be substantially difference from transacted price and bank valuation.with fewer than a hand full units transacted in 2019, the longer vendor hold on to it, the more it will incur in loan interest i.e cost. https://www.brickz.my/transactions/resident...ark/non-landed/ This post has been edited by icemanfx: Jan 8 2020, 10:27 AM |
|
|
Apr 1 2025, 12:31 PM
Return to original view | Post
#8
|
|
All Stars
21,457 posts Joined: Jul 2012
|
QUOTE(wotpian @ Feb 9 2025, 01:46 AM) Famous hot pots food like Liu Jiang Lalapot and Ditan Hot Pot also can be found at cheras south here. Fresh and yummy 😋✨👍 QUOTE(wotpian @ Feb 16 2025, 09:26 PM) Famous and high star rating LuckyPot Restaurant also open a branch in CTS. Not far from wotp. 😋👍 prc restaurants. |
| Change to: |  0.0350sec
 0.70
 7 queries
 GZIP Disabled
Time is now: 17th December 2025 - 09:11 AM |
Quote