Where is the more development coming? Sometime is said only

How many year already for the abandon project? Just curious why sime darby not buy over the abandon project since the behind whole piece land alreadg owe by SD

maybe bad stigma from whole of SJ folks

hantu stories

plus to build on empty canvas cheaper than needing to demolish and rebuild

the Abandon project not even start build, only do some basement work, actually want demolish is easy, just curious why SD dont buy over the land and demolish to rebuild, i dont think is Hantu la, i think most probably is the land got problem already, because the land beside is big ditch, so the land is very moist or else is the court case make the land not easy get buying...

i check with developer they said already sold the abandon project to other company, now not belong ycs

Lucky me, someone cancelled their Type D so I immediately took it. It's the one facing the facilities though and I wanted to one facing Damen but hey still not too bad I guess.

How much is your unit cost for Type D?

It's around RM450k

Waalau ....This is 550sqf with 1 car park...right
Making it rm818psf.... shocking...

I suppose I should say thank you....

Price before rebate I suspect.
Should work out around RM730psf

This post has been edited by eugenepoon: Jul 17 2024, 08:51 AM

Sime darby buyer pushing up condo price to KL level. Your few landed property will rise with the tide. Congratulations.

Never knew subang price can achieve this level, and superb sales as well

Even at rm730psf I think it's abit pricey
Damen 700sqf was transacted at RM510k making it around rm730psf

At rm730psf (if nett price) for 550sqf still haven't factor in interest during construction period.

Good deal....?

Everyone has their own views, up to each to decide.
There are other factors differentiating the 2 development but given their close proximity to each other their impact can be quite negligible or limited.

There is also the challenge of incoming supply not only from the subsequent launches in usj 7 by sdp but also from Maxim recent land acquisition.

Thank you Boss...

IMHO, the comparison which one is a good buy or which one is a good buy are often dependent on what additional factors to consider.

If we mainly just look at psf alone, it might not paint a full picture (for an investor, probably it paint most of the picture).
Some could buy cash, or family near by, or kids going to study in Sunway area or etc.
We will not know ones complete formula in making decision to buy a property.

I think comparing the Damen unit with Hype is not really a fair comparison as the TOD element itself would jack up the price.
Even comparing landed with highrise is like comparing apple and oranges is not a fair.
Different people prefer different fruits and at different stage of life, you eat different fruit.

we can take all these as a benchmark of what is happening in the surrounding, making it a deciding factor wouldnt really accurate.
For sure, other have a view on this and etc.

ultimately, IMHO, 550sqft is a good buy. I think the price is alright.

Ok enough said, i will go back to sweeping the floor.

This post has been edited by eugenepoon: Jul 17 2024, 01:47 PM

Woww impressive.
I rike the kipas factor in this area👍

Keep it up

This post has been edited by jojolicia: Jul 17 2024, 03:06 PM

SJ good area

Boss,
While I agree with you that different ppl will have different priorities and evaluation criterias but imho we shouldn't ignore the basic or hard factual data. Only when a development has pass the basic evaluation and is viable, then only should we look into the other considerations, that's my 2 cents and just me, others have other ways which is fine.

Bcos when it comes to exit time, no banks, potential buyer, valuation report etc are going to take into account much of the "other considerations".

On the point that using Damen is not a fair comparison bcos of TOD element, then are you saying the rest of launches within USJ7 development also is not a fair comparison bcos of TOD element? What is your definition of Tod? I based mine on the attached presentation slide sometime back (credit to the author). Perhaps you have a more recent definition. Kindly share.

And if you can't use Damen as a guide, then may I know how did you arrive at "550sqft is a good buy. I think the price is alright."

Appreciate if you can share you method.

I don't know much and hope to learn more.
Tqtq Boss.

I go home first, today wash toilets until OT ....





Attached File(s)
 20211020_Alias_Rameli_TOD_and_Market_Feasibiltiy_Study_for_Real_estate_Development__1_.pdf ( 11.29mb ) Number of downloads: 102

Boss Longshot, let them goreng subang property lar. It's a vibrant and young town. Hipster cafes, student crowd. Now I see a few angmoh also like subang.

What's wrong with it. You can enjoy inflation in your bungalow mar. Sell off some inflated terrace houses then buy back later when bubble pops.

Good idea...👍👍
I like it

Will close my mouth..... hehehe

The actual price is 444800, after 10% rebate is 400k, if u dont want fully furniture can deduct 15k again so make it become 385k