Thursday, September 1, 2022

Desa Putra Condominium, Wangsa Maju








 Desa Putra Condominium, Wangsa Maju, Kuala Lumpur, was brought to my attention in December, 2005 by Eddie Wong, a Sibuian working in KL. He was then looking for a hotel in Sibu for him to use as venue to promote Desa Putra Condominium. It was through Meng Lei, the chief editor of Weili Bao that Eddie got in touch with me.

Eddie came back to Sibu for Lunar New Year in January, 2006. He fixed up with me to use Premier Hotel, Sibu  lobby as venue to promote Desa Putra Condominium.

Desa Putra Condominium project was half-completed then. On hand Eddie still had quite a few unsold units. He strongly recommended this property to me on the basis that an Sri Rampai PUTRA  LRT station was confirmed to be located  right at the doorstep of   Desa Putra Condominium . This was the project's strong selling point.

In 2005-2006, the property market in Malaysia was on the move to go up. The heat of property promotios was felt with agents coming in to Sibu  to promote projects in mainly KL.

Comparing with the property prices now, the properties back in 17-20 years ago were cheap relatively. Those daring investors moving in at the right time were handsomely rewarded.

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