No Shortage of catalysts - Malaysia property sector update Jan 5, 2010 (Maybank IB Research)

No Shortage of catalysts - Malaysia property sector update Jan 5, 2010 (Maybank IB Research)

Crown jewels: Sg Buloh and Singapore land. We are particularly excited about the development of:

(i) the RM10b Sg Buloh MRB land given continuous strong demand on residential properties and spillover effects from the growing Kota Damansara township, and

Likely beneficiaries. We are therefore bullish on several soon-to belaunched/ ongoing property developments that will benefit from the MRT connectivity such as:
(i) S P Setia’s RM6b KL Eco City,
(ii) SunCity’sRM5b Sunway Velocity,
(iii) Mah Sing’s M Suites, M City and Icon MontKiara, and
(iv) government land developments like Sg Buloh, Sg Besi airport, MATRADE, Warisan Merdeka and KLIFD (see map below).

OUG Park Lane - Affordable Condo

Camelia @ Bangsar South

Some info from Forumer: Total : 700 units Floors: 34 Types: A (1419sf - 3 rooms), B (861sf - 2 Rooms) and C (638sf - 1 Room) Prices (Fully Furnished): A - from RM1m to RM1.2++m, B - RM600+K to RM800+K and C - RM485K to RM600K Prices (Partly Furnished): A (Deduct RM50K), B (Deduct RM40K) and C (Deduct RM30K) Choices: Fully Furnished OR Partly Furnished. Fully Furnished with ID and all. Partly furnished units have kitchen and a/c saja subject to confirmation. Maintenance: RM0.29psf. For Acacia and Begonia - RM0.22psf Lifts: Divided into Low Zone and High Zone. 4 Each + 2 Serviced Lifts. For the smallest 1 Room 638sf unit, prices start from RM761psf for those facing Begonia (blocked or partially blocked) and RM773psf for those facing Pantai Hill Park. Only some of the 1419sf units have KLCC facing/view. Price increments: RM2K to RM3K per each higher floor for 638sf and 861sf units. RM3K to RM5K per higher floor for 1419sf units. Discounts: 3% for Early Birds and additional 2% for Repeat UOA Purchasers Current Launch: up to Level 15 Facilities: UOA building RM100m Clubhouse, Healthcare/Wellness Centre and 6-acre Park for use of Park Residences' residents....for Acacia, Begonia, Camellia etc.

London, We Are Coming

Now you can take loan from Maybank to buy property in London :)

Maybank Overseas Mortgage Loan Scheme



With attractive property price, good currency rate, maybe can consider....

http://www.maybank2u.com.my/mbb_info/m2u/public/personalDetail04.do?channelId=LOA-Loans&cntTypeId=0&cntKey=LOA01.05&programId=LOA01-HomeLoans&chCatId=/mbb/Personal/LOA-Loans

Sold Out !

Summer Suites

Forgot to attached some important info assoaciate with the launch this weekend. Forsee will be sapu quickly as the price is quite attactive for area like this ... IMPORTANT - This privilege preview invitation is non-transferable and non-refundable. - Registrants are advised to bring their credits cards, cheque books and I.C to the event. - For non-Malaysians, a passport is required. - A non-refundable deposit of RM20,000.00 must be paid upon booking to secure your preferred unit. - All units purchased must bear the name of privilege preview registrant or together with one other name e.g. Registrant + Registrant’s Wife. - Please refer to the attachment for list of documents needed for loan processing.

KL Eco City

Been to the preview today, quite some crowd there even though it is just preview (registration only)

- Launch Residential Tower
- Have 3-4 types of layout, about 700sf, 800sf and so forth
- Price start from RM 1100 psf, means cheapest also around RM750-800k

Centrestage Section 13 PJ

Visited the sales office, the office is way too quiet than a normal property launch. Usually a hot property will be snap within hours, but this one is not.

Selling at RM233k for 302sf unit, un-furnish, no discount or any special gift. Some more is a new developer is this property industry also selling at this kind of price, I guess people rather invest in Empire City.

Furthermore there at 31 unit per floor, serve by only 3 lifts, I can't imagine how long you need to wait for lift...

Summer Suites - SOHO - By Sunrise

Melawati Landed House - Casa Rimba

After Bandar Kinrara, now Melawati Landed House by Sime Darby. 3 Storey Link House Selling at RM1.4 mil !!!

http://www.simedarbyproperty.com/property_view.aspx?productID=15379211-8a07-4caa-81c5-b9314fd94b7e

At least this one look nicer in picture, but with extra RM400k than Bandar Kinrara Qaseh ...

With this kind of trending, normal working level people don't even dare to dream buying a landed house....

If you look the picture and plan carefully, you will notice that the trend of landed house now is more "feature" than typical double storey house built last time. Developer start to invest more in "outlook", surrounding, facilities, greenery and security.... therefore they need to price in these kind of "extra cost" in the selling price, as compare to last time whereby they just build the house and a padang with a small playground then kautim.