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Soft Property Market? I don't get it how this happen?

6/26/2016

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Property market have been slowing down since mid of last year. Actually not only property but its overall market. Its also funny that we keep hearing certain projects sold high percentage, X amount of units within X days. Its not one but it happens quite frequent for the same period of slow market. So which is true?
Here's another news that the latest launch in Kota Damansara is selling like hot cake. 

This news is pluck from Starproperty.my

Buyers camp for Emporis launch
PETALING JAYA: Purchasers queuing up overnight to buy a property seemed hardly news in the good old days of property market boom, but in these days, it is an increasingly rare phenomenon, especially in a soft launch event.
SCland Group’s Emporis project at Kota Damansara, which has yet set a date for its official launch, had sold 90% of the duplex suites, 75% of the serviced residences and 70% of the three and five-storey retail shops.
Emporis had held a soft launch event of its first phase of Block A on last Saturday, June 18 at the Emporis Sales Gallery. The event opened to registered buyers has seen buyers flying in from Kota Kinabalu and queuing overnight to seal the deal.
Roy Ong, an investment consultant, 37, was the first buyer to purchase a RM700,000 unit at the event.
He said he and his friend had waited there the night before to ensure they would not miss out on the deal.
Location, price and future property demand in the area were among the factors of his eagerness to secure an Emporis unit.
Pang Swee Foo, 34, said he learned of this event through other buyers and bought a 880-sq ft unit for investment purposes.
​
He listed mature township, location, transport infrastructure, education facilities and affordability as the reasons of his investment.
Picture
SCland Group’s development at Kota Damansara attracts crowds due to location, price and demand. A soft launch of Emporis Kota Damansara project attract enthusiastic buyers to nab their desired units.
Situated at the bustling Kota Damansara, the 6.9-acre leasehold land will comprise of two blocks of serviced residence with 308 units each, retail shops of three and five stories, and one block of 204-unit duplex suites.

The built-up areas of the residential units range from 750 sq ft to 1,047 sq ft with price ranging from RM561,720 to RM959,000. The price per sq ft starts from RM750.

To ensure a good living environment, the facilities deck that spans more than two acres include a 50m Olympic pool, tennis court, basketball court, gymnasium, exercise lawn, seating nests, playground, BBQ terrace party deck, garden pavilion, games’ room, reading room, multipurpose hall, Jacuzzi lounge, herb garden and etc.

​The five-storey Market Place with retail spaces ranging from 12,000 sq ft to 20,000 sq ft poises to be a great location for supermarkets, restaurants, family entertainment centres IT marts and more.
Situated at the township of Kota Damansara, Emporis is short drive away from the shopping precinct of Giza and Nexis, as well as comfortable close to the business and commercial area of Dataran Sunway the The Strand.
Picture
The much desired Emporis development has even attracted buyers from East Malaysia.
Segi University, UniKL, Sri KDU and St. Joseph International School were all within easy reach of Emporis, while the established Tropicana Medical Centre promises convenient health care for the residents.y
The development is strategically located at the Persiaran Surian corridor and within close proximity to the Kota Damansara MRT station, which is reachable on foot or by feeder bus.
Emporis is highly accessible via NKVE and LDP, while the proposed Dash highway interchange will provide easy passage to Mont Kiara and Shah Alam.
The development is expected to be completed in 2020.
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  • Home
  • New Property Launch
    • Best Investment 2022 PJ Damansara Low Risk Low Entry Price High ROI
    • 2022 PJ Rumah Mampu Milik RM270k Damansara
    • Bangsar South 2 Rooms from RM390k BELOW Market Price
    • 10% ROI PJ Project near Ikea and One Utama Mall
    • Mid Valley Seputeh New Launch
    • Pavilion Damansara Heights 柏威年 白沙罗岭 马来西亚 吉隆坡 精选楼盘
    • 马来西亚RM300千的PJ屋子-首购族,年轻人月入3千能买房
    • 2021 Penang Most Awaited Project
    • 2021 New Launch - KL Metropolis
    • 2021 PJ Spacious and Affordable 5 Star Condo
    • Freehold LRT Linked 3 Room Suites in Glenmarie
    • New SPACIOUS Kepong Landed 6 Room 6 Bath
    • Bangsar Last Piece Land New Launch
    • Avara Seputeh (Mid Valley)
    • Project Announcement Registration. Malaysia New Property Launch
  • Existing & Past Project
    • 2020 Lowest Risk & Price in Klang Valley with Great ROI
    • Kiara East Suite Dex
    • 2019 SAFEST PROFITABLE HIGH CASHBACK INVESTMENT
    • Best Property Investment Projects in 2018
    • KL City Freehold Spacious Affordable 3 room Project
    • Jalan Kuching Freehold New Office & Shoplot
    • Jalan Ipoh New Freehold Shoplot & Offices
    • RM300k KL Sentral New Prelaunch
    • The Olive Condo, Sunsuria City
    • Prelaunch Landed House Bukit Rahman Putra
    • RM260k No Downpayment Puchong South Suites
    • PJ North RM400k High Cash Back Project
    • Denai Sutera @ Alam Sutera, Bukit Jalil
    • First Phase of Banting New Township
    • Neu Suites 3rdNVenue @ Embassy Row by Titijaya & CREC
    • COURT 28, Jalan Ipoh KL City New Property Launch Service Apartment. Malaysia New Property Launch
    • Semanja Kajang New FREEHOLD Kajang Double Storey Houses. Malaysia New Property Launch
    • M Suite @ Desa Park North
    • BIJI LIVING @ Sek 17 PJ City by Conlay. Malaysia New Property Launch
    • Amani Residence Bandar Puteri Puchong New Freehold Service Apartment. Malaysia New Property Launch
    • SFERA RESIDENCY @ Puchong South. Malaysia New Property Launch
    • KL North Last Release
    • PreLaunch Freehold Double Storey
  • LAND
  • News & Articles
    • Educational Articles
    • Ho Chin Soon Greater KL Map Sharing
  • Other Reference Link & Services
    • Land Sale Malaysia
    • Malaysia New Property Launch
    • Lets Buy Property Malaysia
    • Other Professional Services
  • Referral
  • Career
  • MPIG
    • About Us
    • Contact Us
  • Get Professional Advice
  • PJ八打灵2021全新地产项目分析手册