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Investment PAN'GAEA - PARAGON | SOLSTICE | ECLIPSE [OT], The Cyberjaya city centre living by OSK

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blowwater101
post Dec 24 2013, 12:53 AM

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QUOTE(DrPitchard @ Dec 23 2013, 11:37 PM)
I think this is still a very premium product and RM500k-600k for a 2 bedroom is certainly on the luxurious side of life. Rental will be anything between RM2k-RM3k per month. An above average fresh graduate/young working adult will earn approximately RM3k-RM4k. Even though I'm earning more than that, I'm unwilling to fork out RM1k-RM1.5k a month for my accommodation, it's just crazy by any means to me. Unless I touch the 5 figure salary mark, I think I'll just keep my 'rental budget'  to RM500-RM700

A young couple will most probably start with a cheaper option, RM400k-RM500k for a 3 bedroom apartment? Extra rooms, if any, will be rented out to friends/relatives to help ease the rental/loan. And since they can't really afford the reno, furniture and fittings, they will most probably just do without it.

Just my 2 cents.
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IMO, this is doable for young couple who earning 5k each

DrP bro opinion is vr right...ur mindset is practical...but most of the youngster right now dont think like that..4-5k middle low income group is quite demanding and they always looking for medium or midium high end lifestyle..


xyyap
post Dec 24 2013, 10:08 AM

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QUOTE(DrPitchard @ Dec 23 2013, 11:37 PM)
I think this is still a very premium product and RM500k-600k for a 2 bedroom is certainly on the luxurious side of life. Rental will be anything between RM2k-RM3k per month. An above average fresh graduate/young working adult will earn approximately RM3k-RM4k. Even though I'm earning more than that, I'm unwilling to fork out RM1k-RM1.5k a month for my accommodation, it's just crazy by any means to me. Unless I touch the 5 figure salary mark, I think I'll just keep my 'rental budget'  to RM500-RM700

A young couple will most probably start with a cheaper option, RM400k-RM500k for a 3 bedroom apartment? Extra rooms, if any, will be rented out to friends/relatives to help ease the rental/loan. And since they can't really afford the reno, furniture and fittings, they will most probably just do without it.

Just my 2 cents.
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Sensible. But once u have kids, different story.

DrPitchard
post Dec 24 2013, 10:43 AM

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QUOTE(blowwater101 @ Dec 24 2013, 12:53 AM)
IMO, this is doable for young couple who earning 5k each

DrP bro opinion is vr right...ur mindset is practical...but most of the youngster right now dont think like that..4-5k middle low income group is quite demanding and they always looking for medium or midium high end lifestyle..
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Is this from experience or personal gut feel? I think it is the otherwise because most of my friends who have been working for 2-4 years are not forking out that type of money for accommodation. Overseas graduates who are earning decently well RM5k+- and only a handful are staying on their own, most of them still with parents.

While I might agree with you that forking out RM1k-RM1.5k for someone who is earning RM5k is doable, I strongly think that they won't do it. Capable of and willing to are two different things.

And RM4k-RM5k is certainly not middle low income group, it is above average already by Malaysian standards.

80% of Malaysians households earn less than RM5k/month.
https://www.facebook.com/photo.php?fbid=102...58788875&type=1

No offence bro, just stating my opinion and respect yours as well.

This post has been edited by DrPitchard: Dec 24 2013, 10:54 AM
DrPitchard
post Dec 24 2013, 10:45 AM

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QUOTE(xyyap @ Dec 24 2013, 10:08 AM)
Sensible. But once u have kids, different story.
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Don't get what you mean. Care to explain?
xyyap
post Dec 24 2013, 12:57 PM

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QUOTE(DrPitchard @ Dec 24 2013, 10:45 AM)
Don't get what you mean. Care to explain?
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Once u have kids, u won't mind paying more to rent better & bigger unit.

Of course, have to consider combine income. Also, transport cost for couples working but not staying @ Cyberjaya will be quite substantial.


This post has been edited by xyyap: Dec 24 2013, 12:59 PM
blowwater101
post Dec 24 2013, 03:19 PM

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QUOTE(DrPitchard @ Dec 24 2013, 10:43 AM)
Is this from experience or personal gut feel? I think it is the otherwise because most of my friends who have been working for 2-4 years are not forking out that type of money for accommodation. Overseas graduates who are earning decently well RM5k+- and only a handful are staying on their own, most of them still with parents.

While I might agree with you that forking out RM1k-RM1.5k for someone who is earning RM5k is doable, I strongly think that they won't do it. Capable of and willing to are two different things.

And RM4k-RM5k is certainly not middle low income group, it is above average already by Malaysian standards.

80% of Malaysians households earn less than RM5k/month.
https://www.facebook.com/photo.php?fbid=102...58788875&type=1

No offence bro, just stating my opinion and respect yours as well.
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it is my experience and observation so far....

hey bro, no offence la....u make me feel so good...bcos 4-5k is above average..but i feel that im so poor cry.gif
DrPitchard
post Dec 26 2013, 01:23 PM

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QUOTE(xyyap @ Dec 24 2013, 12:57 PM)
Once u have kids, u won't mind paying more to rent better & bigger unit.

Of course, have to consider combine income. Also, transport cost for couples working but not staying @ Cyberjaya will be quite substantial.
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Oh, icic. If you are looking from that angle, then yes, I will certainly spend more. RM1k-RM1.5k for rental maybe. But that being said, it will be for a 3/4 bedroom home. Well, collectively as a couple (husband & wife), that would mean a RM2k-3k/month, which should be pretty decent.

I think the point I was trying to stress is that the generation today will be more budget conscious/focus than ever. While I do not disregard the fact that there are also more wealthy youths emerging day by day, I believe it is not as fast as the growth rate of medium/high end homes.

QUOTE(blowwater101 @ Dec 24 2013, 03:19 PM)
it is my experience and observation so far....

hey bro, no offence la....u make me feel so good...bcos 4-5k is above average..but i feel that im so poor  cry.gif
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Hahaha, ok. Not sure if you have heard of SetiaWalk or been there. Looks great, absolutely happening and lively now, much better than it was a few months ago. Yet, rental for a bedroom unit is only between RM1.7k-RM2.2k and the occupancy rate is really bad. And worth to note that it is really prime location, with the LRT construction right in front.
xyyap
post Dec 26 2013, 11:17 PM

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QUOTE(DrPitchard @ Dec 26 2013, 01:23 PM)
Oh, icic. If you are looking from that angle, then yes, I will certainly spend more. RM1k-RM1.5k for rental maybe. But that being said, it will be for a 3/4 bedroom home. Well, collectively as a couple (husband & wife), that would mean a RM2k-3k/month, which should be pretty decent.

I think the point I was trying to stress is that the generation today will be more budget conscious/focus than ever. While I do not disregard the fact that there are also more wealthy youths emerging day by day, I believe it is not as fast as the growth rate of medium/high end homes.
Hahaha, ok. Not sure if you have heard of SetiaWalk or been there. Looks great, absolutely happening and lively now, much better than it was a few months ago. Yet, rental for a bedroom unit is only between RM1.7k-RM2.2k and the occupancy rate is really bad. And worth to note that it is really prime location, with the LRT construction right in front.
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KLCC as urban city living

& SOHO as young generation living

Both concept like not widely accepted by Malaysian. Successful projects are not many in these specific section.


This post has been edited by xyyap: Dec 26 2013, 11:18 PM
blowwater101
post Dec 27 2013, 01:02 PM

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QUOTE(DrPitchard @ Dec 26 2013, 01:23 PM)
Oh, icic. If you are looking from that angle, then yes, I will certainly spend more. RM1k-RM1.5k for rental maybe. But that being said, it will be for a 3/4 bedroom home. Well, collectively as a couple (husband & wife), that would mean a RM2k-3k/month, which should be pretty decent.

I think the point I was trying to stress is that the generation today will be more budget conscious/focus than ever. While I do not disregard the fact that there are also more wealthy youths emerging day by day, I believe it is not as fast as the growth rate of medium/high end homes.
Hahaha, ok. Not sure if you have heard of SetiaWalk or been there. Looks great, absolutely happening and lively now, much better than it was a few months ago. Yet, rental for a bedroom unit is only between RM1.7k-RM2.2k and the occupancy rate is really bad. And worth to note that it is really prime location, with the LRT construction right in front.
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Yes, i have been to setiawalk few times...alot of cafe and restaurants in setiawalk...

surprisingly they are not doing well...location wise..prime in puchong but i dont really like there...i prefer bukit jalil...


bl_fong
post Jan 2 2014, 11:15 PM

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Nice to be in this forum. Im a ST1 37th storey owner facing pool.
Any1 haf de latest development pix? Im fr ipoh, cant travel to cbj much to check on its development.
hasec
post Jan 3 2014, 12:33 AM

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QUOTE(1282009 @ Dec 22 2013, 11:31 PM)
All are 800-900psf  shocking.gif
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Wow developer price is the sub sale market of Desa Park City. smile.gif
MoneyMaker prince
post Jan 3 2014, 08:23 AM

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QUOTE(bl_fong @ Jan 2 2014, 11:15 PM)
Nice to be in this forum. Im a ST1 37th storey owner facing pool.
Any1 haf de latest development pix? Im fr ipoh, cant travel to cbj much to check on its development.
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May I know how much you bought and why you bought high floor? is much expensive isn't?
enkil
post Jan 3 2014, 06:27 PM

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too expensive.. even type B for me at 650sf is not liveable the room must be very small.
Mr.Mario
post Jan 8 2014, 11:51 AM

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700+ psf after discount!!
how much is the maintenance fee?
DrPitchard
post Jan 8 2014, 08:57 PM

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QUOTE(Mr.Mario @ Jan 8 2014, 11:51 AM)
700+ psf after discount!!
how much is the maintenance fee?
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It was left blank in the S&P, and had a statement, something like, "it will be filled in by the vendor to the purchaser upon the delivery of the premise for vacant possession..."

Interesting eh? Even the car parks have yet to be assigned.
Building.Up
post Jan 9 2014, 12:29 PM

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Hi guys! any updates on hows the sale progress for the new Eclipse Tower? Last month I heard bout 50% sold already issit???

I understand that price increase a lot since the initial 2nd phase launch Solstice Tower. Glad I have secure a high floor unit at Solstice facing Cyberjaya. Would make a nice holiday home over the weekends to hang out at Cyberjaya in 3 years time rclxm9.gif
JamesPond
post Jan 9 2014, 01:31 PM

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you get a home just for weekend usage?
erchansh
post Jan 9 2014, 05:31 PM

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[quote=JamesPond,Jan 9 2014, 01:31 PM]
you get a home just for weekend usage?
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[/quote
If anyone interested in Eclipse, please pm me for more details and sales package.

Sizes and Price Range :

Type A :- 450sq.ft ( 1 bedroom, 1 bath, 1 carpark ) =
RM366,800 - RM407,800
Type B :- 650sq,ft ( 2 bedrooms, 2 baths, 2 carparks ) = RM527,800 -RRM614,800
Type C :- 990sq,ft ( 3 bedrooms, 2 baths, 2 carparks ) = RM743,800 -RM814,800
Type D :- 950sq.ft ( Duplex, 2 bedrooms, 2 baths, 2 carparks ) = RM723,800 - RM797,800
mascot_lim
post Jan 10 2014, 11:40 AM

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I just called them up to ask where is my referral fee for the Solstice tower 2. Oh god, from March 2013 till now, still not yet disbursed, looks like they still want keep the money for their own good....
DrPitchard
post Jan 10 2014, 11:07 PM

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QUOTE(mascot_lim @ Jan 10 2014, 11:40 AM)
I just called them up to ask where is my referral fee for the Solstice tower 2. Oh god, from March 2013 till now, still not yet disbursed, looks like they still want keep the money for their own good....
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Same here.... :-(
Unfortunately, in the Referral get referral form, there is no clause that talks about penalty for late disbursement

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