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Investment THE ARC@CYBERJAYA [OWNERS' THREAD], Developer of Cova KD goes BIG

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icemanfx
post Nov 10 2017, 05:00 PM

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Those depending on grr for loan repayment are in a fix.

icemanfx
post Nov 11 2017, 11:21 AM

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QUOTE(AskarPerang @ Nov 11 2017, 08:29 AM)
But they won in the end. (well pending appeal)
Possible to settle it outside off court as well.
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The owners won for early termination from October 2018. Believe grr was supposed to be up to 25 years.
icemanfx
post Aug 17 2018, 02:33 PM

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QUOTE(flight @ Aug 17 2018, 09:30 AM)
I rmb reading that cyberjayas population went from 50k per day to 100k a day from 2013 to 2017. Does anyone have the statistics?

Sepang as a state has the highest population growth in malaysia. I think this was in 2016 or something like that.

6 to 7 years ago cyberjaya is a completely different place.

Edit: puchong has 400k population. In 5 years ie: 2023, cyberjayas population will be closer to 200k. I think the profile of cyberjaya is better than puchong.
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According to m.p. sepang; if all residential under constructions are fully occupied, cbj population will be doubled next year and tripled in another 4 years. if cbj population is doubled and tripled from current, environment will be different and no longer tranquility.

QUOTE(michaelchang @ Aug 17 2018, 11:32 AM)
I think Cyberjaya may develop to be a successful township 5-6 years in the future

The only problem are the developers that priced their property 7-10 years into the future and expect so many "water fish"to bite.

Those buyer that buy at $600psf will have to hold for almost 10 years to see property price rise to that level but a 10 years old property will depreciate in value because of low maintenance in Malaysian property.

Investing in Cyberjaya at current price will not be profitable and many will suffer losses in the future
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Few investors could hold for extended period.

in 10 years time, there will be newer development, recently or soon to be vped will become outdated and less desirable.

QUOTE(flight @ Aug 17 2018, 12:05 PM)
The higher price point leads to a more affluent population. Cyberjaya doesnt have the critical mass for many commercial activities to take place, but i believe this is changing. The neighbourhood malls in cyberjaya are thriving.

I wouldnt buy one of the new expensive props. But i think the auction side. Particularly the 40 to 50% off provides some interesting opportunities.
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by your definitions, cbj residents will become less affluent, destitute or poorer with more foreclosure sales, time.

This post has been edited by icemanfx: Aug 17 2018, 02:40 PM
icemanfx
post May 20 2020, 06:15 PM

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QUOTE(infrasonic @ May 20 2020, 06:05 PM)
I'm looking for a place to rent a place in The Arc next year. Heard some bad reviews of the place (dirty, unsafe environment, bad management), how true is this?
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Could stay at airbnb for a few days/weeks to find out how dirty, unsafe environment, bad management, etc.

This post has been edited by icemanfx: May 20 2020, 06:15 PM

 

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