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digerati
Joined: 05 Jun 2007
Posts: 125
Location: KL
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 Posted: Wed May 21, 2008 6:33 pm Post subject: Bandar Kinrara BK5 |
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Rolls & mala...
Just wondering if you guys have any transaction record for 2S terrace at BK5 in Bandar Kinrara. Land area 20x70 and built-up around 1600 sqft.
I think vacant possession was in 2002. Is asking price of RM290k sounds reasonable?
Thanks in advance. |
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| Posted: Wed May 21, 2008 6:33 pm Post subject: Advertisement |
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rollsroyce
Joined: 28 May 2007
Occupation: Jedi Master
Posts: 213
Location: Dagobah System
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| Posted: Wed May 21, 2008 8:50 pm Post subject: Re: Bandar Kinrara BK5 |
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| digerati wrote: | | 2S terrace at BK5 in Bandar Kinrara. Land area 20x70 and built-up around 1600 sqft. I think vacant possession was in 2002. Is asking price of RM290k sounds reasonable? |
Bro, you may go by a price of $283 - $290k for a moderately renovated unit that does not require any major repairs or upgrades. If it's near the mosque, the price is bound to be slightly lower. The basic units are going for as low as $270k.
These units have been appreciating by approximately 1.19% per year from 2003 to the 1st quarter of 2008.
Check these 3 month old ads out quickly:-
BDR KINRARA BK5 INTER 20X70 4R3B WITH KIT CAB GOOD COND. NR GIANT RM275K 013-3605000/ 012-2171500 VE30148
BDR KINRARA BK5 2STY F/H 4R3B 20X70 EXTD-KIT-CAB AIR-CON WELL KEPT RM290K JENNIFER 012-313 7632 E30370 |
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chris_cky
Joined: 28 May 2007
Posts: 70
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| Posted: Wed May 21, 2008 8:55 pm Post subject: |
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The property market has been extremely quiet since the beginning of this month. A good time to buy sub sale properties at rock bottom prices  |
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bhkoo
Joined: 27 May 2007
Posts: 122
Location: KL
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| Posted: Wed May 21, 2008 9:06 pm Post subject: |
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| chris_cky wrote: | | The property market has been extremely quiet since the beginning of this month. A good time to buy sub sale properties at rock bottom prices |
Yes, the property market has been rather lethargic over the past few weeks. This doesn't necessarily mean that prices will come tumbling down though...especially not in Bandar Kinrara, I feel.
However, fundamentally weak locations might suffer a bit this year if this lethargy continues.
This is my 2 cents worth personal opinion without intending to influence anyone, aah.
I'm talking to myself here |
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digerati
Joined: 05 Jun 2007
Posts: 125
Location: KL
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| Posted: Thu May 22, 2008 9:08 am Post subject: Re: Bandar Kinrara BK5 |
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| rollsroyce wrote: | | digerati wrote: | | 2S terrace at BK5 in Bandar Kinrara. Land area 20x70 and built-up around 1600 sqft. I think vacant possession was in 2002. Is asking price of RM290k sounds reasonable? |
Bro, you may go by a price of $283 - $290k for a moderately renovated unit that does not require any major repairs or upgrades. If it's near the mosque, the price is bound to be slightly lower. The basic units are going for as low as $270k.
These units have been appreciating by approximately 1.19% per year from 2003 to the 1st quarter of 2008.
Check these 3 month old ads out quickly:-
BDR KINRARA BK5 INTER 20X70 4R3B WITH KIT CAB GOOD COND. NR GIANT RM275K 013-3605000/ 012-2171500 VE30148
BDR KINRARA BK5 2STY F/H 4R3B 20X70 EXTD-KIT-CAB AIR-CON WELL KEPT RM290K JENNIFER 012-313 7632 E30370 |
thanks rolls..
haiyoo... how come i forgot to the basic things.. search the ads.. but do you by any chance have any transacted record? They guy who's offering me was saying something about one unit transacted at RM370k (intermediate, not end or corner) recently. |
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digerati
Joined: 05 Jun 2007
Posts: 125
Location: KL
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| Posted: Thu May 22, 2008 9:09 am Post subject: |
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| bhkoo wrote: | | chris_cky wrote: | | The property market has been extremely quiet since the beginning of this month. A good time to buy sub sale properties at rock bottom prices |
Yes, the property market has been rather lethargic over the past few weeks. This doesn't necessarily mean that prices will come tumbling down though...especially not in Bandar Kinrara, I feel.
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yeah la... i think the asking price in bandar kinrara has not dropped la... what to do... |
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mala
Joined: 27 May 2007
Posts: 40
Location: Ipoh Mali :-)
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| Posted: Thu May 22, 2008 12:53 pm Post subject: Re: Bandar Kinrara BK5 |
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| digerati wrote: | | They guy who's offering me was saying something about one unit transacted at RM370k (intermediate, not end or corner) recently. |
There is a possibility that it might be true. What is the name of the road where this property was supposedly transacted? What is the name of the road of the property that you are interested in? |
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bhkoo
Joined: 27 May 2007
Posts: 122
Location: KL
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| Posted: Thu May 22, 2008 12:56 pm Post subject: Re: Bandar Kinrara BK5 |
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| digerati wrote: | | They guy who's offering me was saying something about one unit transacted at RM370k (intermediate, not end or corner) recently. |
You can get a 22x80 in Bk 5B for that price |
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digerati
Joined: 05 Jun 2007
Posts: 125
Location: KL
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| Posted: Thu May 22, 2008 4:46 pm Post subject: Re: Bandar Kinrara BK5 |
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| mala wrote: | | digerati wrote: | | They guy who's offering me was saying something about one unit transacted at RM370k (intermediate, not end or corner) recently. |
There is a possibility that it might be true. What is the name of the road where this property was supposedly transacted? What is the name of the road of the property that you are interested in? |
erhm... i don't have the details yet... will visit the property sometime this month and i will come back with the details to you guys.... thanks anyway |
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digerati
Joined: 05 Jun 2007
Posts: 125
Location: KL
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| Posted: Thu May 22, 2008 4:47 pm Post subject: Re: Bandar Kinrara BK5 |
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| bhkoo wrote: | | digerati wrote: | | They guy who's offering me was saying something about one unit transacted at RM370k (intermediate, not end or corner) recently. |
You can get a 22x80 in Bk 5B for that price |
Hmmm... sounds tempting  |
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digerati
Joined: 05 Jun 2007
Posts: 125
Location: KL
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| Posted: Tue Jun 17, 2008 11:31 am Post subject: |
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the unit that was offered to me at RM290k is no longer available.
apparently the seller informed me that it was sold at RM320k  |
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mala
Joined: 27 May 2007
Posts: 40
Location: Ipoh Mali :-)
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| Posted: Tue Jun 17, 2008 2:59 pm Post subject: |
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| digerati wrote: | the unit that was offered to me at RM290k is no longer available.
apparently the seller informed me that it was sold at RM320k |
Good feedback bro. Thanks for the grassroot info. What was the name of the road where this property was located? |
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digerati
Joined: 05 Jun 2007
Posts: 125
Location: KL
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| Posted: Tue Jun 17, 2008 5:37 pm Post subject: |
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i've yet to actually go visit the house.. but it's at BK5/14B
Any record on your database? |
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rollsroyce
Joined: 28 May 2007
Occupation: Jedi Master
Posts: 213
Location: Dagobah System
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| Posted: Wed Jun 18, 2008 1:41 am Post subject: |
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| digerati wrote: | i've yet to actually go visit the house.. but it's at BK5/14B
Any record on your database? |
This is useful info. Thanks for your contribution, digerati.
I do know of transactions of 20x70's as high as $350k in BK5. However, these are extreme cases which probably involve heavily renovated units.
Furthermore, most of these units were transacted before the election. After the election, the property market has gone to the dogs.
As such, I would look at this transaction as an isolated case & not a reflection of the general market.
Thanks once again for your contribution. |
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