Most overhyped project. Delay upon delay.

Was suppose to launch Q3/Q4 2019 but now Q2 2020 and still nothing but empty promises.

Current economic climate dictates that there is a chance further of delay (till Q1 2021) on the back of legal issues + unfavourable property market.

My opinion? Better take money somewhere else. Auction market will be flooded with 'new' units when moratorium ends. Can find good bargains then.

No doubt bro that there'll be a boom because of pent up demand post recession (not as much as 2011/2012 because of existing supply glut).

My problem is with this particular project and its stability. Due to ongoing issues, don't think its feasible and will most likely end up completing past the 'boom' phase, if at all.

I have. In fact almost bought a unit next door at Amaya and was strongly considering UNA.

Have you looked at the number of properties that will be confirmed launched in this area in 2-3 years?

Lol only join today already dissing about UNA and Mira.

You like Lavile so much issit? Or don’t tell me you’re actually promoting One Cochrane

They’re getting wayyy ahead of themselves at those prices. It’s a narrow plot of land with 20-over units per floor..

Basically those who waited got played.

Nah unfortunately I don’t think PV is stupid.

For sure still got people buy for investment/rental yield since absolute & psf value is relatively cheaper than immediate surroundings(Amaya excluded).

The big question now is are they marking price up just to offer additional cashback (lower nett price)? Or will they offer additional cashback in future in case slow pick up rate (since developer was already past breakeven point at 600-650 psf).

Either way this project has no attraction for me anymore. Too high an asking price for an odd layout that belongs more in Setapak than Maluri.

Well part of the premium of the price is the high liquidity due to the freehold status.

Aside from that my strong guess is that the developer will try to entice early birds by using high cashbacks that can cover for around 1.5-2 years. Who knows? Maybe they forecast market to rebound to 3k for a Maluri 2 bedder in 2 years time 🤣

Those who enter here for investment better come in with tempered expectations. Yes it’s definitely a better location compared to other high density areas but the upcoming supply in the next 2-3 years is no joke. The only boon here is that this project is slated to be completed in 2026 which should hopefully give enough time for property market to recover.

Alternatively if you want to get this area at a discount, just buy Amaya Maluri next door. 1000+ sqft for 500k is pretty good too lol.

Good entry price + good location. Can't speak for all but I initially surveyed this project for investment 3-4 years ago? Now no interest anymore due to the legal tussle..

Appeal to stop construction likely to fall through so looks like agent wants to use all sorts of underhanded tactics to scare off Mira potential buyers. Not a Mira buyer but if I was I'd just laugh at this pathetic attempt LOL

Believe if the neighbors are smart, they can complain to KKM on possible breeding grounds for mosquitoes...

sorry, does this mean they will refund the progressive interest/billings or no? and the 2% discount is meh. Can easily get that from one of the referral groups.

Let's be frank, it was a gamble. In this case investors got lucky because the Courts decided for DBKL to buy back the land from dev and compensate the buyers to boot. What if it had gone the other way? Or if the case dragged out longer? Opportunity cost is cost as well..