Re: East Ledang PH 2A
Ooi pls don't simply spready rumours lah...fair price only 580-660psf and that also already very very very expensive....come read this article
and see why lor ..
http://teega.weebly.com/ (only desktop can see..iphone cannot)
Wait lor.....15/12. The truth will come out...
The beauty about this forum is that people are very respectful to each other and do not make unreasonable accusatory statements at each other. Lets keep that going.
No one is spreading any rumours. Please don't accuse me of doing so. I have been posting more more than a year and so far received lot of PMs from folks appreciating the informative nature of my posts. So what are you talking about?
The Market forces determine the fair price. Puteri Harbour has already crosssed 1000 psf. We all know that. Even Teega, during the first launch some of the smaller high floor Marina facing units hit close to 1000 psf. So what is so surprising about the next launch hitting 1000 psf. The information was given to me by UEM sales people. Whether it is really 1000 psf or not we will see. The management can change their decision anytime, we dont have control on this. No need to be accusatory.
Feel free to express your opinion and disagreement. I am ok with that. If you have a good reason to believe that the launch price will be 580 to 660 psf, give your reason. Perhaps your post will be more credible. There is no reason to point fingers and accuse someone of spreading rumours just to get your point across.
I'm one of those who have benefited a lot from IskandarRocks's sharing, advices and opinion. He is definitely one of the rare ones here who is willing to spend his time and effort to help and advise members. He recently posted about the risks of investing in LH land versus ready-built units in other developments, I mean, who would want to bad mouth a development which he is personally vested in except IskandarRocks? There are definitely other noble ones in our society, but sad to say - not many.
As for the person who wrote about Teega(which I'm not vested in, not even in any other condos in PH area), it's quite clear, at least to me, that he/she has his/her own personal agenda. I agree that properties of a country as a whole cannot rely 'solely' on foreign buyers 'alone' to sustain prices, but a special area definitely can(which is why they are designated as special areas with their own unique selling points). I'm not comparing PH to Sentosa Cove, just to put the writer's theory here in Sg, it would mean that Sentosa Coves bungalows, instead of S$30 million, should be priced at say S$1 million whereby Sg's managers can afford, in order to sustain and succeed, if not, Sentosa Cove will fail and prices won't sustain. Well, everyone knows that's not true. Even many multi-millionaires in Sg cannot afford a bungalow in Sentosa Cove, let alone those managers, but that doesn't mean that Sentosa Cove wil fail. In fact, the prices went from initial S$ few million to current price of over S$20 million. There are always different products for different people, these managers can still afford the many mass market condos even those which are right beside a MRT station and shopping mall. There is no such thing as a 'fair price' in this world, as long as demand is more than supply, prices will continue to climb. If human beings can sell diamonds(read stones) at crazy prices and yet there are demand, you can't say that the buyers are stupid or that they should sell you the diamonds at a 'fair price' according to your own standards.
Prices in a free market is determined by supply and demand, rather than by governmental regulation.
Understand supply and demand and you can make millions, don't go against the market forces.
