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wilz
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Oct 6 2010, 10:00 AM
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Getting Started

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Its selling like hot cake. I'm already progressing few loans for some clients and more to come. The price per sqft is touching RM230! Return darn good and with such value, unable to deny it will still have very high chances for future profit.
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wilz
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Oct 6 2010, 09:49 PM
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Getting Started

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I'm a mortgage broker. Dealt with a lot banks a valuation firms. Therefore, roughly I know the trend. You see Sanderson launched around 280/ft. Investors who book the unit and resell it back already pushing price to 300/ft.
Just say 3 yrs down the road if property bubble in Malaysia don't burst, real estate agent will convince owner to sell their unit and will proposing 330/ft or 350/ft. This is what happening with Villapark.
If now Villapark being push to 250/ft and owner just gotten keys. After renovation and own stay, do you think the value can increase 10/ft or 20/ft every year? U do the maths. Sanderson go up, surrounding property will up as well. greedy human factor will make a different.
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