QUOTE(MrHunter @ May 11 2014, 10:19 AM)
Garden residence location is not the most appealing one. Cyberjaya is small and you dont need to be close to puchong or putrajaya. so, many view the best location of cyberjaya is to be closed to cbd area where alll commercial and activities will be there. From garden residence to mex highway is quite a distance too. However, slip road is in the plan to shorten it and the second entrance near LKW also make it closer to cbd, therefore i would say good value if one want it now to use it as ownstay. The reason it is not doing well is mainly due to the timing. It vp at the time that all commercials are work in progress. Many potential subsale owners wan amenities ready, not to be ready. Well, u need a little of foresight to go in last yr/now. Not all ownstayers r risk taker and a mil is a lot for them.
Sejati is just a boutique dev. Small and niche...killer is it is relatively more expensive than other. SH has been launched long time by releasing limited units each time. Sales is slow but if u know the package of SH then u know it was not investor friendly in the first place. So i expect more ownstayers than investors there. GR is totally another way round.
Hopefully boutique dev like areca and nadayu 99 ll be priced more competitive or slight lower than existing bigger scale projs there. They have to understand that their projs are boutique and ll not be easy to sell if wanna be the price leader in cyberjaya especially they r not big developer.
I would think otherwise, Garden Residence is the most strategic residential location in CBJ due to its proximity to IOI City Mall, SkyPark, ERL and its future MRT location. As far as landed property is concerned, one would not want his/her house to be in the CBD, as this would defeat the purpose and intention of buying cyberjaya - the serenity and tranquility of living. Perhaps CBD it's a yes for condominium , but it's a no no no for landed properties. Sejati is just a boutique dev. Small and niche...killer is it is relatively more expensive than other. SH has been launched long time by releasing limited units each time. Sales is slow but if u know the package of SH then u know it was not investor friendly in the first place. So i expect more ownstayers than investors there. GR is totally another way round.
Hopefully boutique dev like areca and nadayu 99 ll be priced more competitive or slight lower than existing bigger scale projs there. They have to understand that their projs are boutique and ll not be easy to sell if wanna be the price leader in cyberjaya especially they r not big developer.
May 11 2014, 11:55 AM

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