Rimba Riang @ Kota Damansara

The D'Rimba bungalow land price has appreciated more than 150% since 2004/05 and will continue to appreciate further with the rapid development of Kota Damansara township. With property booming approaching its record height in the next year or so, this offer represents the best opportunity for investors or premium home owners to own a piece of real estate land within the hot vicinity of Damansara.

Even the current market rate for an intermediate double-storey terrace in Kota Damansara lingers above half-million ringgit mark, with Bandar Utama surpasses with above 600K and Taman Tun reaches beyond 800K. The prices for bungalows in these areas are nothing below 2 million mark.
Hence, Land represents endless possibilities and unimaginable freedom to those select few.

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Those are the words I would've put in the advert if in unforeseen circumstances, i need to sell the bungalow lot. Interested? hehe

I bought the land for rm50psf back in early 2008, the area is ard 9300sf. A good bargain, i suppose. Its quite a gamble, i wasn't sure how much it would appreciate in the next 2-3 years. There were only 2 or 3 bungalows and the place looked deserted. But my instinct asked me to go with it, wifeskin also didn't seem too convince at first.

Here's the site plan.

Fast-forward.
Last week, i just had 3 offers for the land. I did not even advertise on the papers or websites. I created a blog: kdland4sale.blogspot.com and listed my bungalow details there, just incase if i wanted to sell it off. Maybe these guys been doing extensive googling ;)

I declined their offers and politely told them it was not for sale. As for the blog, i put a password so that people won't be able to view it.. for now.

In 2 years, the land appreciates from rm50psf to rm70psf. And i've engaged with a land surveyor & got to know my land area is actually 9500sf! Untung 200sf woo. ehehe
If i sell it now for rm70psf, my profit will be rm200k. Hmm not bad. Not bad at all.