Puteri Harbour Community

[johnny]

Btw, Pacific Star is located to the right of Tiong Nam's Pinetree Marina if you are standing facing the marina.
Kuok's property is the entire stretch of land on the left and opposite side of Pinetree Marina after the Private Marina Club.
Both properties are in the private marina.

 

[johnny]

Tot it has already surpassed rm1k psf oredi since some good units at pinetree n last few units at encorp. Tink its between 1.2 to 1.3k psf

They are talking abt psf for the land that developer pay to UEM. U are talking abt psf of an apt that developer sells to u.

 

[barra10]

Tot it has already surpassed rm1k psf oredi since some good units at pinetree n last few units at encorp. Tink its between 1.2 to 1.3k psf

It's referring to the psf for the land ..not the project sitting on it.

 

[JordaneSG]

Meridin Medini

Hi all,

Anybody heard how the Meridin Medini ballot went last WE in JB? Just curious how the recent demand is doing around puteri and medini/lego...

Cheers,
Jordane

 

[menghuii]

Re: Meridin Medini

Hi all,

Anybody heard how the Meridin Medini ballot went last WE in JB? Just curious how the recent demand is doing around puteri and medini/lego...

Cheers,
Jordane

price seems to range fr min 387K to max 975K
for built up area fr 521sf to 1643sf
thats cheap

 

[teoky]

Re: Meridin Medini

price seems to range fr min 387K to max 975K
for built up area fr 521sf to 1643sf
thats cheap

Why do you say it is cheap ?

Take note that it is leasehold (99 years).

 

[menghuii]

Re: Meridin Medini

Why do you say it is cheap ?

Take note that it is leasehold (99 years).

i am comparing it with puteri harbour's condo like encorp or even teega.

 

[ComingToJB]

Re: Meridin Medini

i am comparing it with puteri harbour's condo like encorp or even teega.

Can't compare.. as encorp & teega is freehold..
For me, I would still prefer to pay more for freehold one..

 

[menghuii]

Re: Meridin Medini

Can't compare.. as encorp & teega is freehold..
For me, I would still prefer to pay more for freehold one..

wonder if we are paying too much for encorp

 

[cybermad]

Re: Meridin Medini

teega and encorp not only freehold but waterfront ppties. Medini cannot compare...

 

[Funniman]

Re: Meridin Medini

For investors, buy only where there is limited freehold land. Moreso it is waterfront land with theme parks, hotels and alfresco dining area fronting a marina. Not forgetting a CIQ with ferry terminal. Best part is these are already up and operating.

teega and encorp not only freehold but waterfront ppties. Medini cannot compare...

 

[barra10]

Re: Meridin Medini

Hi all,

Anybody heard how the Meridin Medini ballot went last WE in JB? Just curious how the recent demand is doing around puteri and medini/lego...

Cheers,
Jordane

Some reports on this :
http://www.btimes.com.my/Current_News/BTIMES/articles/20130513002312/Article/index_html.

 

[inikalilah]

Re: Meridin Medini

ermmm..pls enlighthen me...what waterfront view are we talking about?

 

[teega]

Re: Meridin Medini

i am comparing it with puteri harbour's condo like encorp or even teega.

Most Teega suites (after 10 or12% discount) are cheaper than meridian ..

Prices across iskandar has gone up quite a lot these few months..

 

[menghuii]

UOA development Kong Chong Soon says he has 'missed out' in Iskandar will focus on klang valley.

http://www.starproperty.my/index.ph...campaign=uoa-sees-top-returns-in-klang-valley

 

[JordaneSG]

Re: Teega

Most Teega suites (after 10 or12% discount) are cheaper than meridian ..

Prices across iskandar has gone up quite a lot these few months..

Meridin Medini was priced 650 to 800psf from what I read (for first tower)
Teega was priced about 720 to 920psf from what I remember (for the two first tower)
Discounts were about the same on launch date
I guess quality and layout is about the same in both cases
Apparently, Meridin was fully take up over the WE
-> Considering all this, Teega would have been only sold at a 12% premium compare to Meridin

So, the real question is what % premium should be Teega over Meridin ?
That's leasehold and a bit remote, compare to freehold, walking distance to CIQ/Ferry, Marina/Traders hotel surroundings.
So what premium do you think is fair? 20%, 30%, 40%?

Cheers

 

[kopikong99]

Re: Teega

Meridin Medini was priced 650 to 800psf from what I read (for first tower)
Teega was priced about 720 to 920psf from what I remember (for the two first tower)
Discounts were about the same on launch date
I guess quality and layout is about the same in both cases
Apparently, Meridin was fully take up over the WE
-> Considering all this, Teega would have been only sold at a 12% premium compare to Meridin

So, the real question is what % premium should be Teega over Meridin ?
That's leasehold and a bit remote, compare to freehold, walking distance to CIQ/Ferry, Marina/Traders hotel surroundings.
So what premium do you think is fair? 20%, 30%, 40%?

Cheers

It is not the 12% premium low but I would think the Medini premium to the developer is high.

Last time I went to check out the 1 Medini before Medini was hot and I did not want to buy as I find the standard of finishing still very much JB's standard for a condo selling to foreigners.

If the premium is high because the developer is providing marble flooring and fully fitted, then nothing to say. Else this looks more like the developer is maximising their profit and factoring the price appreciation in 3-4 years time.

So much lands still for many more projects in Medini, not wise to chase up the prices.

 

[JordaneSG]

Re: Teega

It is not the 12% premium low but I would think the Medini premium to the developer is high.

Last time I went to check out the 1 Medini before Medini was hot and I did not want to buy as I find the standard of finishing still very much JB's standard for a condo selling to foreigners.

If the premium is high because the developer is providing marble flooring and fully fitted, then nothing to say. Else this looks more like the developer is maximising their profit and factoring the price appreciation in 3-4 years time.

So much lands still for many more projects in Medini, not wise to chase up the prices.

With 65% of local buyers, not sure we can qualify this as a condo for foreigners... Domestic demand is there, and at that price tag.
Agree there will be many more projects in Medini, I doubt though the price will drop compare to Meridin.

 

[btravelling]

Re: Teega

UEM finally cashed my deposit cheque for Teega!
I had sent an email to my agent Monday asking about the status of the site but no reply yet.
Anyone been by Teega site lately with anything to report. It was estimated the first payment would be due in June which is fast approaching so just curious about the progress.

 

[barra10]

Re: Teega

UEM finally cashed my deposit cheque for Teega!
I had sent an email to my agent Monday asking about the status of the site but no reply yet.
Anyone been by Teega site lately with anything to report. It was estimated the first payment would be due in June which is fast approaching so just curious about the progress.

This site used to have good progress update on the construction. But the last was 30th March.
Not too sure who own it. Hope he continue to update the progress.

http://www.teegaputeriharbour.com/