Uncle beans said you all will regret after move in for few months, very ulu, far, with toll.

Only KL and Cheras is suitable for living, other place is ulu.

always complaining others project not good, including the Eco Majestic, always make own assumption that the buyer for certain properties will regret, in the end he make a wrong move, to invest one condo in Cheras, buy become very high end waterfall condo.

then he changed new ID to avoid someone laugh at him

This post has been edited by chainyong: Jan 5 2020, 08:56 PM

TA Elemen new project VS ES Terraza subsale, TA with all free MOT, SPA & Loan legal fee, 10% Cashback, you can own it with very low booking fee VS subsale you need 10% DP + all legal fee

TA Elemen new project, you can't really see the actual unit, but ES Terraza you can see the actual unit, and know the workmanship quality, and maybe can know your future neighbour in advance. Sometime , to get a good neighbour is really priceless.

TA Elemen without the facilities, Terraza come with the gym , small swimming pool, BBQ area, the maintenance fee for Terraza is about RM 200 higher than TA Elemen

built up for Elemen is bigger, nett price also Elemen is lower.

Elemen nearer to lake, it can become a cons or a pros, my colleague's friend staying in a very natural township next to lake, but sometime the frog will visit to her house, also two times with snake and one time with small biawak, she so regret to buy a million house (not in this area) which next to the lake. But i am not sure how TA and local council will take care this lake.

ES Terraza come with the facilities, some peoples also don't like this concept, because the swimming pool is small, and all the residents have to pay for the additional maintenance cost which maybe never use it for whole life.


I personally prefer Terraza.

This post has been edited by chainyong: May 26 2020, 11:20 PM

Semenyih/Beranang not kampung?

Drop below RM 500k you also will not buy one, so no need to worry.

If really want to buy, just direct prepare the cheque and go for bidding,.not need to wait here and talk east talk west talk coke.

International school is for foreigner or rich people.

Yearly tuition fee 40k for them are nothing.

my friend have few condo to rent out for passive income, easily 10k passive income per month, but he renting a 2.2k monthly rental luxury condo (owner bought at 1 mil ++) and stay, not stay to his own porperty.

My ex boss have 2 additional semi D ( total nearly 3 mil) ready for his kid, but he just stay in a old DST for many year until recently only buy a bungalow in Eco Sanctuary.

Don't think everyone will put all of their commitment into own stay house.
My wife is teaching in an international school (not in canal city), tuition fee is higher than Tenby, some of her student's parents just like normal people, wearing normal brand shirt, drive just non-luxury car, stay in a condo, but high income, they can send 3 kids to international school in the same time, easily 25K tuition fee monthly for 3 kids.


Don't just judge the book by its cover, just look at the surface, still many people have high income but low profile.
That is no rules that you earning high income, must buy an expensive house.

International school are targeting the specific market, not all high income family will send their kid to international school, or medium income family no send their kid to international school.

Selling point, yes, for those buyer have higher income, they also consider to send their kid to international school, with the nearby international school, it is benefit to them. Canal city already have some korean family, i did notice their kid study in Tenby.
For western family, i think most of them are teacher from Oasis.

I believe more and more foreigner family will come to Canal city, noone care you can afford it or not.

This post has been edited by chainyong: Sep 3 2020, 08:15 AM

why kampung boy so concern about foreigners want to move here?

that is some foreigner family here (not including the expat family who teaching in International school), must be something can attract them. If without any international school, the number of foreigner family (non-teacher) will reduce until negligible.

You can't imaging, my Japanese customer can stay in Mont Kiara, and driving long way to port klang for working everyday, one way is about 1 hours driving, without private driver. I ask him why stay so far, he said one thing is their company recommended and arranged, second thing is this area is expat friendly, with all amenities provided, he have a right to choose other place, but he think better to stay here just because of the recommendation in their Japanese expat group.

Distance for those expat family is nothing, they just need a nice township to fulfill all of their need, education is one of the important part.

My wife school have many Korean and Japanese student not stay near to school, also some Korean students already transfer to other international school in Rawang this few year, partly because of cheaper tuition fee in Rawang, and the recommendation by the Korean family who studying in that school, but the driving distance between my wife school to Rawang is more than 40km.

For them, distance is not really important, they just need a safe and convenience living place. all additional amenities are bonus to that township.

If really don't like the international school very close to you, just choose other place which without any Int' school.

This post has been edited by chainyong: Sep 4 2020, 08:05 AM

Canal city will never beat Mont kiara, but canal city have the potential to grow better.

Since there is some Korean family already here, the community is starting build up slowly.

ES Semi D VS TA arahsia ???

haha, he suka lah.

He think Semi D in ES got dead chicken can get below 1mil

Haha, ES semi d more than 1.5mil previous launching price, if drop below 1 mil, whole Malaysia property drop at least 40% price.

EM? Sorry, i prefer kampung canal city, you pergi lah semenyih city

TA auction unit so cheap, faster get, i dont want stay near to HTC, better i pay more and get sencilia or elemen

600k slmeet your budget?or wait until below 300k?

This post has been edited by chainyong: Sep 9 2020, 12:46 PM

If the auction price is far lower than the mortgage debt, and the owner dont have other property and money for bank to collect the debt, the bank have a right to reject for name transfer, unless the buyer willing to top up the outstanding balance, or bank have confidence to sue the owner and collect back all the debt.

So it is unlikely to get 50% below launching price, unless the owner just get the 50% loan

If bank hold the property, it will become asset
If bank just blindly sell with lose, all the debt become bad debt

Until the time bank really have to blindly sell the property with super low price, means whole market is die, unemployment super high, corporate bankruptcy rate super high, new loan might very difficult to approve, that time only cash rich people will happy

But us subprime mortgage is totally different.

Malaysia property is, either cash buyer or loan from bank/insurance company

Us subprime, the Mortgage loan is packing into a package of financial product, become a bundle financial product and sell to global investeors including retirement funding. And the middle man even buy insurance to reduce the risk.

When the property bubble burst, the bad debt is belong to global investor,
And insurance company also need to pay some, and bank is nothing lose, because the loan is.not from bank

Some developer already sell their unit with 20 to 30% below launching price, for their overprice project. One case my friend bought at 5xxk, now developer selling the same size unit with 3xxk only, for their unsold unit.

For auction market, very unlikely, if yes, normally is trap.
Some bidder already forfeit their 10% deposit
If ES semi d got 50% price cut with non bumi unit, and no outstanding on maintenance fee, please inform me

This post has been edited by chainyong: Sep 9 2020, 02:56 PM

Bankruptcy means bad debt, unless that people who took the mortgage have some thing valuable, such as high income post, some investment can turn to cash.

If he have nothing or super high debt, then means for sure the outstanding will become uncollectible bad debt.

Good deal.

Wish the bidder good luck in double transfer process

By the way, Wah Biang no more dead chicken to wait