In 3 years time, prices will not be skyrocketing as flippers will tend to sell it immediate with minimal impact to interest being charged once VP. Most likely without reno too since rental is not the aim. So we get more supply than demand which will drive the price south with flippers competing.

As for me, i might put on my flippers and walk since my loan package is geared for that. Then again, depending on situation i can opt to re work on the mortgage once my 3 years is up.

Not a good comparison. In 3-4 years time also, zest being a new place will have its golden hike, then it will slowly stagnant like the rest of condo (Taman Desa + Taman Seputeh for eg)

UAO Bangsar South is a leasehold. Imagine the price if it was a freehold. Right now it will not carrying 300k-400k range . It is way more than that. Check out Begonia which was launched cheap before. Take note that this is 1 year ago. Bangsar South development is different compared to zest because it has ample land. 1st phase launched cheaply and raising the price in every other launches by a huge magnitude. There are still quite a fair amount of un-launched product (namely the cypress studios and other park residences). More things to come. Commercial units there just received its MSC status. So price will fly around that area.

Back to zest, there are still quite a number of empty land along that road which may make way for other price catalyst launches, but it may not be as organized as Bangsar South since they are sliced for different developers.

This post has been edited by oreomambo: Aug 11 2009, 04:50 PM