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This post has been edited by happy1234: Jun 10 2013, 10:23 PM

BUMP BUMP BUMP!!!

http://forum.lowyat.net/topic/2822509

Good luck to you, Andaman's properties buyers

Go and see yourself in Cova Villa, kota damansara. Now 300 over units are vacant, cant find tenants and very bad maintenance and condition. All thanks to the GRR and Andaman

BETUL KEH?

MY friend just bought a unit there....

U serious?

Will this be the same for empire remix in future (segi)?

fren also recently bought one unit at rm480K for 1.2K sq ft......

sounds very reasonable.......but the actual fact revealed that segi is not going to renew the GRR scheme..........

Oh how come since closest to uni wor?

this 3rd party renting scheme is nvr good....student get abused by paying an inflated rental due to 3rd party collect their profit share....its better for both propective tenant n owner if 3rd party eliminated....rental and upfront deposit payment could be reduced....owner can rent a lil bit cheaper than 3d party n still gain more....both win2 situation...

i thought the news of not renewing the GRR scheme was revealed by cova boss?

what you say does make sense....imagine....student in MMU...which they prefer? renting in Cyberia smarthome (real condo size and 3 room 2 bathroom) rental rm1300-rm1800 with 5-7 people sharing or the arc....half the size 2 - 3 max people sharing and rental at rm1.5k-rm2k? cyberia smathome is nearer to mmu summore...

dont wanna say much but based on this deal i would safely guarantee u guys buying subsale in cyberia smarthomes, crescent 1 and 2 can give you much better ROI% plus cheaper price in terms of psf...for example my unit in crescent 2....3 room 2 bathroom 1050 sqf....renovated to 5 rooms 4 executive working in cyber only 1 mmu student...rent by room...every mth collect 2.4k rental....minus utilities bill nett rental monthly rm2k... how much if u want to buy frm me? max i put prolly rm380k....but i guess new, chic n expensive stuff prolly catch many newbie investor currently...thrs good value subsale rental properties to be made ard cyber...other than taking vry big risk into this kinda dangerous scheme....

to me...a student doesn't care if ur unit is new or old....they just want nearest unit to their uni n cheapest they can afford...

thus the arc competitors is not really new,expensive n upcoming project....they would face along struggling losing battle against older units like mine in smarthomes, crescent 1 and 2....coz the owner entry price is cheap 5-7 years ago...and they can offer the cheapest rental per room n value for money for any of the cyberians working executive and students...i bet they are more relevant to the market needs currently...those buying pigeon hole with inflated price are in for a quite shock when their unit vp the next 2-3 years...

This post has been edited by max_cavalera: Jul 28 2013, 11:22 AM

Symphony park? I heard this project already gone case and the developer run away? Is it true?

There will always be a market for new items, especially if it has better facilities and so on.
What I know for certain is, once The Arc gets is CF and is ready for occupation, it will certainly dent and hurt Cyberia Crescent's market. While some will still prefer Cyberia Crescent, there will also be quite a lot that will welcome the change and move over, to something newer. Cyberia Condominium won't be spared.

If I'm not mistaken, the 950sft unit of The Arc will be rented out at RM2k to students. Certainly will be very competitive environment, unless the nearby condos and apartments don't mind playing the price game and drop their price since their entry cost is low.

+1 agree bro...

if both new development n old development renting at the same rate...even the old one renting slightly cheaper...of course older development will gain more ROI as their entry price was less than rm300 psf price 5-7 years ago...i think jz ard rmm240-270 psf sometimes back....new owner of this grr gonna be sweating alot...

Cyberjaya Offical Facebook Page:

https://www.facebook.com/CyberjayaPremierICThub

Yaloh, any idea when can collect key? coz block A n B seems at the finishing stage...
And is there any subsale transacted recently? need updates on the subsale price.

I don think got any subsale transaction coz this is GRR package. 8% of original purchase price. unless is block C & block D.

yalo.now almost every month need to pay 1k for interest.
any news when can get the key?

Oh! Interesting to see how much can Block A & B fetch with the GRR attached.