End of the year can get the key for block A & B

If the new n old development are being rented out at the same rate, then it should be the owners of the old development that will be sweating their a$$ out. Who would want to stay in an old development when they can stay in a brand new one at the same price? Even if it's just slightly more expensive, a lot people will opt for a new, clean environment than a old, worn out one.

Interesting to see where Nusajaya is today. I think the average price for a studio is easily RM700 psf. Some go as high as RM1k psf!

wow, u quote me for 2 years ago news. so whats new with arc?

Hahahaha, it's just nice to reflect a few years back and how people think at that time. Nothing really new with The Arc, except for the fact that it's most probably at least RM500 psf now, as compared to RM350+ 2 years back... :-)

Cyberjaya overshadowed by Nusajaya. ...

Uem loves nusajaya more

Yah. Easy money there.

asking price of transacted price? so whats d ROI up till now?

They launch few shop in The Arc, same, 8% GRR returned granted with 3+3 leased. What you guys think?
Seems there are a lot of bad comments about this developer.
But I think they just won the project to build Segi Colleague in Cyberjaya Selangor Technology Park 2 which just not too far behind the Arc.
Seems quite attracting offer...... tempted....

think about COVA in KD?

Quick check the market price for the project from iproperty, after VP seem like could be up to RM 500 psf. Compare to last 2 years launching price for block A & B selling at range RM 350 psf . Still pretty good capital appreciation ?

Anyone knows how is their future office blocks?

Oh The Arc has office blocks?

I refer to this :-

Andaman Property Management Sdn Bhd (APM) is expected to sell at least 1,000 units at The Arc@Cyberjaya development in Cyberjaya by year’s end.

Datuk Vincent Tiew, Executive Director and Head of Sales and Marketing at the company, said The Arc@Cyberjaya is expected to be launched in March.

“We have several phases to the project. The first phase will comprise 250 units priced at an average of RM350,000 per unit.”

“The Arc@Cyberjaya should be fully occupied by 2015,” he said, adding that the development project would be an iconic landmark in Cyberjaya once the 15 badminton courts, [B]five office towers and apartment blocks are completed[/B].

Potential buyers of The Arc@Cyberjaya can expect an eight percent gross rental guarantee per year for up to 25 years, based on the company’s four-year-plus-four-year lease-back-option for six times plus an additional year.

“We can afford to guarantee the gross rental rate because we have a contract with the Multimedia University to provide hostel like accommodation for first and final year students,” said Mr. Tiew.

It is the company’s strategy to price the units at “affordable” levels. “We generally build homes for the mass market and price them to allow for favourable upside in capital gain in the medium term, with secured rental-yield return,” he noted.

OMG... five office blocks? Ermm...

Do you want to have your office next to a township of student condo?

ehm...never thing about this

wow....next to student condo. The original plan will have these office towers here and believe Andaman will sell with some packages....

hi bro...thats why all condos have quite some amount of maintenance fees you need to pay...they maintain your property...they will repaint your condo once it is quite old and ugly....of course all older building design facade will look older and new things with better n modern design will keep popping out...even your uncompleted condo now also will look old 7-8 years time from now...why would ppl stay on old place? well 1st of all because of the location...2nd if it is well maintain and being refurbished nicely after some time why not?...


the way you say it as if you are a new investor in property...aye or nay?...have you ever own any property bought and hold for at least more than 5 years?

by your argument and logic subsale of used unit will almost totaly don't have any demand from market....if that is so i don't think only me will be sweating out....i guess we both would be sweating out a lot let say if u or me want to cash out 5-10 years after we bought our property....aye?

This post has been edited by max_cavalera: Nov 18 2013, 05:39 PM