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 You City in Cheras 9th mile by PJDevelopment, Good for investment?

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cyclone9
post Aug 22 2012, 04:19 PM

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still got units for 1200sf ? pm me
spk
post Aug 22 2012, 04:46 PM

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QUOTE(RomaNce @ Aug 20 2012, 11:35 AM)
Not easy to get loan lah...u all try then know oh...
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I got my loan approved easily. i think it is depend on how high your commitment is.


Added on August 22, 2012, 4:48 pm
QUOTE(CL Ku @ Aug 22 2012, 11:31 AM)
Hi. Any sales agent here? can PM me the details?

Interested.
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why sales agent? you can call PJD directly for unsold units

This post has been edited by spk: Aug 22 2012, 04:48 PM
you@23xx
post Aug 22 2012, 04:51 PM

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QUOTE(RomaNce @ Aug 20 2012, 01:30 AM)
Over priced and sticker game . The value is not accepted by few banks.  rclxub.gif who is the target tenant there?
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Not really. I just went to HSBC signed the offer letter.

Both Alliance Bank and HSBC approve my application within 3 - 4 days. Mayban call me but i'm not interested.

peri peri
post Aug 22 2012, 04:58 PM

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QUOTE(victorchew @ Aug 19 2012, 06:37 PM)
how to know about the DIBS is really on or not?
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i heard even though got DIBS, buyer still have to serve the bank 1st then the developer will refund after 6 months. very risky yo...
spk
post Aug 22 2012, 04:59 PM

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QUOTE(victorchew @ Aug 19 2012, 06:37 PM)
how to know about the DIBS is really on or not?
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should get B&W from PJD on this before signing S&P
you@23xx
post Aug 22 2012, 05:01 PM

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QUOTE(CharmaineLee80 @ Aug 17 2012, 05:00 PM)
i agree with you jimz97... most important is still the bridge connected to MRT from you residence...
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They are Batu 9 Chinese School just mile away. Cempaka Int. Sch. / UCSI Int. Sch. just nearby. UCSI / MasterSkill Uni. in less than 10km. Leisure Mall / Phoenix in 1 - 3 km....

From the reliable source, the MPKJ actually requested PJDC to construct a covered with A/C walking path all the way from MRT station to the You Resident, same as something from Pavillion to KLCC, but PJDC management trying hard to avoid this because incur huge money. They may built a covered walkway instead.


Added on August 22, 2012, 5:05 pm
QUOTE(peri peri @ Aug 22 2012, 04:58 PM)
i heard even though got DIBS, buyer still have to serve the bank 1st then the developer will refund after 6 months. very risky yo...
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risky on what ? PJDC will bankrupt ? don't think so




This post has been edited by you@23xx: Aug 22 2012, 05:05 PM
gsw8895
post Aug 22 2012, 05:07 PM

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Get loan or how many % finance is based on personal profile...i believe panel bank shd not have problem with this 400-500psf price...
those who say overprice, probably need to study the price ard cherase area first...fyi, BDR tunhussein onn further down, condo by SDB alreay at 450+psf...

QUOTE(RomaNce @ Aug 20 2012, 11:35 AM)
Not easy to get loan lah...u all try then know oh...
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nologic
post Aug 22 2012, 05:19 PM

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Is the covered walkway to the LRT station a done deal? Will know the outcome of my loan application this week.
peri peri
post Aug 22 2012, 05:26 PM

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QUOTE(you@23xx @ Aug 22 2012, 05:01 PM)

Added on August 22, 2012, 5:05 pm

risky on what ? PJDC will bankrupt ? don't think so
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who say PJD bankrupt? u can only relate the risk to this?


Added on August 22, 2012, 5:26 pm
QUOTE(nologic @ Aug 22 2012, 05:19 PM)
Is the covered walkway to the LRT station a done deal? Will know the outcome of my loan application this week.
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looking at the MRT propose line, the track should be at the opposite side of this youcity. good luck to all

This post has been edited by peri peri: Aug 22 2012, 05:26 PM
spk
post Aug 22 2012, 05:30 PM

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[quote=you@23xx,Aug 22 2012, 05:01 PM]
They are Batu 9 Chinese School just mile away. Cempaka Int. Sch. / UCSI Int. Sch. just nearby. UCSI / MasterSkill Uni. in less than 10km. Leisure Mall / Phoenix in 1 - 3 km....

From the reliable source, the MPKJ actually requested PJDC to construct a covered with A/C walking path all the way from MRT station to the You Resident, same as something from Pavillion to KLCC, but PJDC management trying hard to avoid this because incur huge money. They may built a covered walkway instead.

PJD should at least provide proper covered walkway. Otherwise YOu residents will be suffered from walking under hot sun / rain to the MRT which I think at least 15 mins.


Added on August 22, 2012, 5:54 pm[quote=peri peri,Aug 22 2012, 05:26 PM]
who say PJD bankrupt? u can only relate the risk to this?


Added on August 22, 2012, 5:26 pm
looking at the MRT propose line, the track should be at the opposite side of this youcity. good luck to all
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[/quote]

Really? i thought the construction of MRT viaduct is already started which is not far from You city sales gallery.

This post has been edited by spk: Aug 22 2012, 05:54 PM
nologic
post Aug 22 2012, 09:01 PM

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The MRT official website shows the station is on the YOUCITY side. Definitely not on the opposite side of the highway from YOUCITY or else PJD will need to build a very long & expensive bridge to cross the highway. It's Taman Suntex station, so it's only logic that it's situated at the Taman Suntex side which is also the YOUCITY side. Someone correct me if i am wrong please.
DjS
post Aug 22 2012, 10:23 PM

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QUOTE(victorchew @ Aug 19 2012, 06:37 PM)
how to know about the DIBS is really on or not?
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it was the same game with the YouOne
every yr claim back from developer every 3mnths eg. 3, 6, 9, 12
benefit is...u can get better int rate and without other fussy terms locked by banker.
negative is...u need to pay 1st for 3mnths then only get back the $$ u pay-ed...

this is what i understand la... sweat.gif
kiddyinvestor
post Aug 22 2012, 10:30 PM

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Banks open water tap again?
you@23xx
post Aug 23 2012, 09:59 AM

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here the location map downloaded from KVMRT official website.

don't know why those ppl simply spread the rumours that the MRT station will move/cancel/delay.....

can't deny the risk, but i think the proportion of risk should be this way :

Risk of MRT Project
- Cancel the Suntex Station = 0%
- Relocation of station to opposite site = 1%, 99% will be as plan
- MRT station may not complete in 2015 = 15%, practically completed by contractor but the communication system by others (George Kent ?) may not ready in time
- MRT Line may not operation in 2015 = 50%, as above
- MRT Line will fully operation in 2017 = 99%

Risk and Opportunity of You City Development
- You City First Phase complete in 2015 = 99.9%
- You City Phase 2 price increase by 20% = 60%
- You City Phase 3 price increase by 40% = 40%, provided phase 2 selling well like first phase
- Rental of Studio Unit in 2016 (fully furnish) = 1500 - 1800
- Rental of Family Suite in 2016 = 2000 - 2500 (partly furnish), 2500 - 3000 (fully furnish)
- Rental increase after MRT Line fully operation = +300

The above just my personal NOT PROFESSIONAL ASSUMPTION.

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spk
post Aug 23 2012, 10:18 AM

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QUOTE(you@23xx @ Aug 23 2012, 09:59 AM)
here the location map downloaded from KVMRT official website.

don't know why those ppl simply spread the rumours that the MRT station will move/cancel/delay.....

can't deny the risk, but i think the proportion of risk should be this way :

Risk of MRT Project
- Cancel the Suntex Station = 0%
- Relocation of station to opposite site = 1%, 99% will be as plan
- MRT station may not complete in 2015 = 15%, practically completed by contractor but the communication system by others (George Kent ?) may not ready in time
- MRT Line may not operation in 2015 = 50%, as above
- MRT Line will fully operation in 2017 = 99%

Risk and Opportunity of You City Development
- You City First Phase complete in 2015 = 99.9%
- You City Phase 2 price increase by 20% = 60%
- You City Phase 3 price increase by 40% = 40%, provided phase 2 selling well like first phase
- Rental of Studio Unit in 2016 (fully furnish) = 1500 - 1800
- Rental of Family Suite in 2016 = 2000 - 2500 (partly furnish), 2500 - 3000 (fully furnish)
- Rental increase after MRT Line fully operation = +300

The above just my personal NOT PROFESSIONAL ASSUMPTION.

Attached Image
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Positive thinking! so, how many units you have booked?
you@23xx
post Aug 23 2012, 10:24 AM

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QUOTE(spk @ Aug 23 2012, 10:18 AM)
Positive thinking! so, how many units you have booked?
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only afford one, the smallest studio unit tongue.gif
spk
post Aug 23 2012, 10:25 AM

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QUOTE(DjS @ Aug 22 2012, 10:23 PM)
it was the same game with the YouOne
every yr claim back from developer every 3mnths eg. 3, 6, 9, 12
benefit is...u can get better int rate and without other fussy terms locked by banker.
negative is...u need to pay 1st for 3mnths then only get back the $$ u pay-ed...

this is what i understand la... sweat.gif
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If I'm not mistaken, PJD not offering full DIBS right? they only pay max. 4.85% x your loan sum.

They also claimed that they will refund the balance 7% discount upon stage 2a - pilling. how are they going to refund it?

Anyone has more details on the above? mind to share?
CL Ku
post Aug 23 2012, 10:27 AM

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QUOTE(you@23xx @ Aug 23 2012, 09:59 AM)
here the location map downloaded from KVMRT official website.

don't know why those ppl simply spread the rumours that the MRT station will move/cancel/delay.....

can't deny the risk, but i think the proportion of risk should be this way :

Risk of MRT Project
- Cancel the Suntex Station = 0%
- Relocation of station to opposite site = 1%, 99% will be as plan
- MRT station may not complete in 2015 = 15%, practically completed by contractor but the communication system by others (George Kent ?) may not ready in time
- MRT Line may not operation in 2015 = 50%, as above
- MRT Line will fully operation in 2017 = 99%

Risk and Opportunity of You City Development
- You City First Phase complete in 2015 = 99.9%
- You City Phase 2 price increase by 20% = 60%
- You City Phase 3 price increase by 40% = 40%, provided phase 2 selling well like first phase
- Rental of Studio Unit in 2016 (fully furnish) = 1500 - 1800
- Rental of Family Suite in 2016 = 2000 - 2500 (partly furnish), 2500 - 3000 (fully furnish)
- Rental increase after MRT Line fully operation = +300

The above just my personal NOT PROFESSIONAL ASSUMPTION.

Attached Image
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Too ideal dy. There are still many uncertain factors hidden. rclxub.gif
spk
post Aug 23 2012, 10:28 AM

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QUOTE(you@23xx @ Aug 23 2012, 10:24 AM)
only afford one, the smallest studio unit  tongue.gif
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which one is better for investment? studio or 1,276 sqft? my friend said studio is more easy to rent out woh...
you@23xx
post Aug 23 2012, 10:36 AM

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I have the reason for thinking optimistically. Not only the 20 acre of city development of You City and proposed MRT line will give the boost and live to New Cheras, another big development is coming soon next to Sentral Cheras (Phoenix Plaza), which comprise of :

- 2 block 28 story service apartment
- 1 block 18 story office building
- 1 block 4 story shopping mall
- shoplot etc....

Other than this, the AutoCity Cheras (opposite Leisure Mall) will also transform into another prestigious development in the near future.

All this development are along the MRT station line Suntex - Cheras Sentral - Leisure Mall. Can you imaging how the Cheras will look like after 10 years from now ?

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