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

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twincharger07
post Apr 17 2012, 05:51 PM

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QUOTE(stevenkkt @ Apr 17 2012, 05:26 PM)
As this project has a shopping mall, hotel & cinema, all these are lacking in cyberjaya, even though there are some projects that have retail but not as complete as this, OSK is quite a big name & the design looks damn nice! I'm keeping my fingers crossed hopefully this project will make it!
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How long for the whole development to be completed?.. wonder where is the sales office.. hmm.gif
twincharger07
post Apr 17 2012, 09:42 PM

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QUOTE(jacquelinemak @ Apr 17 2012, 08:27 PM)
Paragon will be completed in 42 months. Yes, steven, ur right. Whole development will take about 6-7 yrs. I'm the appointed agent by OSK. Call me if u are interested to know more about the package etc. 0123208621
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ok... so where is the sales office? hmm.gif
twincharger07
post Apr 17 2012, 09:53 PM

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QUOTE(CaRS2 @ Apr 17 2012, 09:44 PM)
Plaza OSK Jalan Ampang, next to Bank of China
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tq... will make a visit wink.gif
twincharger07
post Apr 17 2012, 10:01 PM

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QUOTE(sam0919 @ Apr 17 2012, 09:56 PM)
i would say it might take years to get a satisfactory occupancy rate at that area
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shaftsbury will be completed soon.. it will be the benchmark for the rest of up coming development
twincharger07
post Apr 21 2012, 12:53 AM

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QUOTE(clanzkiller @ Apr 21 2012, 12:18 AM)
Are you kidding me??
http://www.groupon.my/deals/national-deal/...111&a=715827970

Purchase RM 500 instead of RM 8000 for the downpayment.... ???
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aiyo... good product should b able to sell itself.. need to sell with groupon? hmm.gif
twincharger07
post Apr 22 2012, 12:45 AM

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QUOTE(alwinaw @ Apr 21 2012, 07:58 AM)
SOHO = 100% residential only
SOFO = 50% residential/50% office
SOVO = 100% office only
in SNP.. what category are all this different unit?
residential loan or commercial loan?
twincharger07
post Apr 22 2012, 12:55 AM

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QUOTE(Sikit2JadiBukit @ Apr 22 2012, 12:49 AM)
Each proj diff, each bank also diff. My bro bought The Square @ OneCity as 3rd prop under Commercial Loan, borrow 85%.
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what did your brother bought?
twincharger07
post Apr 22 2012, 01:01 AM

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QUOTE(Sikit2JadiBukit @ Apr 22 2012, 12:59 AM)
http://forum.lowyat.net/topic/2176246/all

Tower 2 (148 units Studio Suites) --> From 538 sf, from RM 343,100

He got friend inside, get 10% disc instead of normal person 5%. So he top up 5% diff.
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Those are SOHO, pretty grey area... when talking about M3, those are service apartment for residential use.. clear guideline from HDA..

This post has been edited by twincharger07: Apr 22 2012, 01:02 AM
twincharger07
post Apr 22 2012, 01:05 AM

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QUOTE(Sikit2JadiBukit @ Apr 22 2012, 01:03 AM)
Bro, am talking about SOHO what. Maybe my England failed, sorry  notworthy.gif
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but u type studio suite... i cant interpret what is that..
twincharger07
post Apr 22 2012, 01:11 AM

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QUOTE(Sikit2JadiBukit @ Apr 22 2012, 01:10 AM)
Which post # number? if you mean the Flexis post, there are 2 diff type of prop for sale, 1 is Resi, 1 is SOHO, can't mix up.
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doesnt matter... as long as ur bro bought a SOHO... and we know that..
twincharger07
post Apr 23 2012, 01:46 PM

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QUOTE(seanwong84 @ Apr 23 2012, 01:27 PM)
Went to the showroom last Sunday and a few questions raised if someone from OSK can answer...

1. There was no building/unit build specification when I requested it.
2. There was no layour plan for certain units. For example unit #SA-18-07
Call me silly but I placed a booking anyway signing on the dotted line stating that I have seen all these documentations even though I have not. Its only a booking so I'll see everything once I get the S&P and get a full refund if I don't agree to the specs.

On another note, the agent also kinda misled me... she said the SP Setia Eco Villa was right next door across the road south-side, when it is actually a few kilometers north-ward! Minor lapse in detail, but it does show the professionalism OSK agents are.

Keeping my fingers crossed!
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What unit u bought and what is your game plan for cyberjaya?
I have seen so many development around here, mostly gonna VP in 2 years time..

why not put in your money in pocket development in matured area? price and offering wont be much different right?
putting a commercial are right at the end of an area pretty reminds me of Citra Mall and NZX..

I am just curious, please giv your insight about cyberjaya..
twincharger07
post Apr 23 2012, 02:17 PM

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QUOTE(seanwong84 @ Apr 23 2012, 02:00 PM)
Hi twincharger07,

I think you may have answered your own question. With so many developments in the area, I think it raises a certain hype that Cyberjaya is finally taking-off and maturing and hence property prices should appreciate. There are quite a few reputable MNCs in the area so it does attract a more professional tenant base (I intend to rent out) so less fuss with tenants not paying-up, running away, ruining the unit, etc.

I like the more managed masterplan of Cyberjaya vs matured areas. With pocket developments, I foresee traffic woes that may just kill the buzz of that the area because no one wants to be anywhere near there. Example, SSTwo Mall, KL Sentral. I think it yields better returns in the longer term too. Proximity to KLIA is a plus too. With more developments, KL city will decentralize as companies shift to Cyberjaya and lets face it, KL will probably serve as support offices to many regional headquarters in Singapore. Business travellers and top-rank managers in Sg will only want to take day trips to KL for their meetings, so proximity to KLIA is a plus if offices are situated near, that is, Cyberjaya!

Feel free to comment and give me your own thoughts. I'm quite new to KL property investment myself.

Sean
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been studying n working here for more than 10 years..
cyberjaya has been progressing but it took more than 10 years to reach its current stage.. will it accelerate and progress the same growth that it took for last 10 years in just 2 years time, I am not very sure..

How many existing MNC and how many more coming in? I didnt really study the demography in cyberjaya although have been here for so long..
It never get traffic Jam in cyberjaya.. will it get congested in next 2 years? The more jam, the more progress of the area, just look at PJ, Subang, KL and Puchong.. Without Jam, there is no reason for ppl to stay near and they will just drive home (puchong, equine, kajang, bangi??)..

I do see more infrastruture are invested in more matured area, which gonna elevate the value even higher.. not much news on public infrastruture on going in Cyberjaya.. And government is still continue investing greater KL plan in most of the mature area.. New office blocks and residential getting more and more in Prime location.. Will more MNC be shifting to Cyerjaya in the near future? The few advantage of setting up in Cyberjaya is on Taxation..

Just to share..
twincharger07
post Apr 23 2012, 03:14 PM

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QUOTE(ecin @ Apr 23 2012, 02:57 PM)
+1. No offense, Personally, I feel the same. If for those new projects in CYB, the price is on par with Current-CYB situation, it's still worth the risk; or else, a matured town would be safer.
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Yes.. no offence.. not saying right or wrong, but I am just curious what trigger investors to come to cyberjaya for investment..
I have been around the southern KV for a very long time.. seeing area like Puchong, Bandar Utama took off in the late 90's early 2000's .. Cyberjaya and Putrajaya started the same time.. despite the Cyberjaya had caught many attention, but other areas out perform by miles (or I got my idea wrong)

Cyberjaya newbiw here, sifu please share some insight about investing cyberjaya.. notworthy.gif
twincharger07
post Apr 23 2012, 03:27 PM

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QUOTE(seanwong84 @ Apr 23 2012, 03:21 PM)
Keeping relevant to the forum topic, has anyone else been to the Paragon@Pan'gaea showroom?

Anyone else have insight to the development?
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nothing is irrelevant.. this is property talk.. buying property is about Location Location Location...
twincharger07
post Apr 23 2012, 03:53 PM

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QUOTE(JamesPond @ Apr 23 2012, 03:38 PM)
Are you 40s
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far from it brows.gif
twincharger07
post Apr 23 2012, 04:05 PM

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QUOTE(JamesPond @ Apr 23 2012, 04:01 PM)
from this statement, you sound old

I have been around the southern KV for a very long time.. seeing area like Puchong, Bandar Utama took off in the late 90's early 2000's

I start looking at prop when start working for some time.
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hai seh.. got lepak around puchong n BU during my uni days in early 2000 while day in cyberjaya campus biggrin.gif
twincharger07
post Apr 23 2012, 04:48 PM

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QUOTE(jacquelinemak @ Apr 23 2012, 04:37 PM)
this entire project will develop completely in 6-7yrs including shopping malls, street malls, hotels n etc. in fact, the first shopping mall i think for now. the concept and design everything like u can imagine in midv or marina bay. in fact, OSK flagship project smile.gif
very good response during the launching last week. if anyone still interested, kindly call 0123208621 for info smile.gif
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tq for the insight. this means that investment wise, this one needs much longer investment horizon.
twincharger07
post Apr 23 2012, 08:55 PM

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QUOTE(jacquelinemak @ Apr 23 2012, 05:01 PM)
anyway this is phase1...the next phase and the upcoming ones will be higher priced.
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higher price for next phase is a natural practise by any developer..
but its the fundamental and pure nature potential of the area n product that i m interested to know..

thanks for the info provided..
twincharger07
post Apr 24 2012, 01:17 AM

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QUOTE(spydermind @ Apr 23 2012, 09:02 PM)
Well, i guess all of us need to be aware that the in the past 2 years, there were easily more than 3k condo/service apartment launched ...Shaftbury, Garden plaza, Serin, Lakeview, Gardenview, D'pulze,domains, Bayu (SSP2), mutiara ville, Mirage,  the place, etc.

Most importantly, all these are not completed or handover yet....the market for condo / service apartment will be pretty competitively in the next 2-3 years ..... Of course, like many projects everywhere, it will take time to reach occupancy rate of more than 80% in 1-2 years time. This will be the challenge for investor.

On the other hand, when some of these retails, commercial and lifestyle infrastructure completed, it will certain pull some people to stay in Cyberjaya....how many , well..hard to say....

The problem with property is that, when it is lack of supply....suddenly there will be influx of new projects, and when there are too many, developer will slow down....if they slow down too much, then it will create another case in which demand eventually more than supply....

In property investment especially a place like cyberjaya....is very subjective to individual appetite.
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this area has high concentration of higher end properties.. market segment is niche and mostly targeting high networth individual... not sure will they come over to cyberjaya given amenites still not mature.. lack of public infra, no dedicated hospital for cyberjaya, need schools, need more commercial outlets...

no offence but just my personal opinion.. need more choyuk and national "Type" schools to attarct more high networth family to live here... (got abit choyuk now but not the "school" in near future)..
for convenience, they might just stick with puchong area..
twincharger07
post Apr 24 2012, 08:24 AM

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QUOTE(clanzkiller @ Apr 24 2012, 01:26 AM)
I knew putrajaya liquor/alcohol is prohibited, does this apply to cyberjaya? If yes, and in the future stil the same, then good bye..
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no... there is a corner behind old town sell beer..

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