friend of mine rented his 1222 unit for 1200.
since other places are higher than ours, why not try and shoot 1300-1400, but have to be partially furnished.
nothing to lose, yet something to gain.

i think end of this year the strata title will be out and by the time u apply and get it around March-April 2014. (estimate oni...dun shoot me if dun get it)

No need gen jiong. Give us more time to accumulate more units before shoot up again lol

If really want to buy...act now....if wait for repainting finish and buy....u cannot get this price which was offer now.....

From my observation, most of the condo after painting will increase 50k ~ 80k.

Wow....Keith koh sai lang oledi.....geng....

News From Edge....


Bukit Jalil project to lift Ho Hup

KUALA LUMPUR: As investors start favouring medium and small property counters for their attractive valuations, Ho Hup Construction Co Bhd is also picking up interest after the company received regulatory approval for its regularisation plan last week.
The company’s stock has risen 15% year-to-date, closing at 80 sen last Friday, but market observers expect the stock to show more upside as its current price is actually the same as the entry price of its second largest shareholder, Formis Holdings Bhd.
Formis had in June 2011 acquired 21 million shares or a 20.59% stake in Ho Hup from Datuk Vincent Lye at 80 sen per share, not long after Lye lost out in a bitter takeover fight against former managing director Datuk Low Tuck Choy.
Formis, where Ho Hup’s executive director Derek Wong is a substantial shareholder, now owns 21.66% in Ho Hup while Low’s family now holds 22.99%. Both Formis and Low have recently been slowly upping their stakes in Ho Hup.
At 80 sen, Ho Hup has a market capitalisation of RM81.6 million. Upon completion of its regularisation plan, its market capitalisation could theoretically expand by another RM119.32 million, to about RM201 million, after the rights issue of irredeemable convertible preference shares (ICPS) and the issue of redeemable convertible preference shares (RCPS) to creditors.
The rights issue of up to 102 million ICPS — attached with up to 51 million free warrants, will be carried out on a one-for-one basis, at 50 sen per ICPS — while up to 136.63 million RCPS valued at 50 sen each will be issued to unsecured creditors for debt settlement.
The current par value of Ho Hup shares of RM1 will be reduced to 50 sen, to free up credit for reducing the group’s accumulated losses.
Ho Hup’s total borrowings stood at RM10.71 million as at Dec 31, 2012 while its net total payables were RM158.76 million. The group had minimal cash of about RM4 million.
Ho Hup’s management once said that its liabilities were not of major concern, as its jewel asset — the 60 acres of land in Bukit Jalil could easily be worth over RM450 million.
The closest value benchmark is WCT Bhd’s acquisition of some 60 acres of land in nearby Taman OUG for RM450 million from the Eng Lian group late last year.
The potential development gains from Ho Hup’s 60-acre tract in Bukit Jalil could dwarf the company’s theoretical market capitalisation of about RM200 million upon completion of its regularisation plan, said market observers.
According to Ho Hup management, a couple of years ago the 60 acres were expected to produce a total gross development value (GDV) of at least RM4 billion. This figure is similar to WCT’s estimates for its OUG development, which is also over RM4 billion.
According to filings with Bursa Malaysia, Ho Hup said it will develop 10 acres on its own while a joint venture between the company and Malton Bhd will develop the remaining 50 acres. In return for injecting the 50 acres into the JV with Malton, Ho Hup will derive 18% of the project’s GDV as its share of the profit.
Assuming Ho Hup also earns a development margin of 18% from the first 10 acres, the total gains to Ho Hup based on the entire 60 acres’ conservative estimated GDV of RM4 billion would work out to be RM720 million.
“That’s more than three times Ho Hup’s theoretical market capitalisation of about RM200 million post-regularisation plan,” said a market observer, adding that the potential GDV could be higher than RM4 billion given the surge in property prices in Bukit Jalil.
It is learnt that Ho Hup and Malton are going to unveil the detailed development plans for the Bukit Jalil land in the coming months. This could spark further interest in Ho Hup on top of news of its impending exit from PN17, said market observers.
This article first appeared in The Edge Financial Daily, on May 20, 2013.


Look at Bold part.....finally One jalil want to jalan oledi.......keith koh r u ready money for coming month..

This post has been edited by 22222222: Jun 4 2013, 06:02 PM

actually, bukit oug is a nice place to stay.
have met and make friends with many… like…
jack, martin, eugene, tony, steven, teng, adrian, lily, rajan, prakash, dave, ah man, michael, anne, doctor salleh, behruz, noor,
paul, harry, david, cynthia, sree, raymond, strongman with tattoos, playboy, and so on. am sure most of you here knows some of them too.
sadly, one or two i know have already shifted as family grow bigger. also few have gone to heaven.
there are oso arseholes and opportunist which need to be avoided! will only know of their true color after knowing their true intention.
oledi kena a few! so be careful. luckily, three of them have run away and never been seen anymore. nice ppl does not mean, they are good!
best part was to see kids growing up in stages and become teenager. those who intend to buy and stay here will make many good friends.
have no regrets buying this place, even thought sometime it gave a little headache! somehow, one day, will have to move out for parents sake.

This post has been edited by burn22: Jun 5 2013, 05:02 AM

Dai dee kor me always sai lang here, luckily din disappoint me if not gotto sell si fat

So many good news. But nothing to buy

If u ada dont forget gimme satu studio

Mr.BAkar ur quite funny la the way u wrote... u seems like need someone to talk to, alot of things inside yur heart lol

You got so many already still want somemore....so greedy...

Yee kor is for my little girl.... she need money to study mar

Your other units can cover liao and got extra somemore

me a sentimental type!
just wanna inform new buyers the feelings of staying here.

haha if she pan nai then need alot leh

RM0.13 psf

best thing to do... come and have a look!

Hv been staying here for almost 2 weeks , now wat trouble me is, is our lift safe? Saw so many lift accidents at fb recently n i m super worried... esp block 5 lift very scary...i always use the staircase when i go n pay maintenance fees...felt very insecure when use the lift there....anybody got same feeling?

There is a unit transaction price at 420k@Block 12, 1448sf last month......

Sabah?.....which area u r looking for.....KK?

Sabah?.....which area u r looking for.....KK?



kk! near seaside! 10 to 20 minute drive to town!
not rushing, just wanna see the market value first b4 bertindak.
stay in beverly hill before!
like the cyber city studio unit.

This post has been edited by burn22: Jun 7 2013, 12:09 AM

when each time you feel something is not right, please keep informing the management about it!
if the contract maintenance lift worker can't fix nor rectify it, then, they should go and get another replacement!