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Investment Shaftsbury Square, Cyberjaya, Mixed Commercial & Residential Dev

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cplng
post Aug 17 2010, 11:30 PM

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Joined: May 2007
QUOTE(wl_n @ Aug 6 2010, 06:43 PM)
hi, mind let us know reason you let go your unit? Is shaftsbury a good investment oppurtunity? Mind share your opinion..
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If I have to compare this to stocks, I think CBJ is more speculative, and is not based on fundamentals.

For this kind of investment, you need to have holding power, and wait for 10-15 years before you start to see your investment gaining.
As have been calculated by some forummers, the price per sq foot is already above some prime land e.g. Subang Jaya.

The developers are just tapping on the property boom.

Consider the fact that Symphony Hills are going for RM1mil plus each - if I have money, I would plunk that money in some other much better locations that can grow in price faster. Unless, I really love to stay in a place where I'm the only one in the queue when I go shopping, or I go into a restaurant where I am the only one served, at least for the next 5 years.



 

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