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

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tvz32
post Jul 30 2013, 12:27 AM

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QUOTE(feralee @ Jul 29 2013, 09:51 PM)
Went there today

60% sold. unless got those fail to secure loan

Now only rebate 8%
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Thanks feralee for the update. We can really count on you to get the latest progress of this project. Really appreciate it.

I think it goes without saying that the remaining 40% are the larger units. Now with only 8% discount i wonder what other incentive will be given by PJD to entice potential buyers.
qqmeng
post Jul 30 2013, 08:58 AM

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QUOTE(tvz32 @ Jul 30 2013, 12:27 AM)
Thanks feralee for the update. We can really count on you to get the latest progress of this project. Really appreciate it.

I think it goes without saying that the remaining 40% are the larger units. Now with only 8% discount i wonder what other incentive will be given by PJD to entice potential buyers.
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from the SA... the 40% left are mainly bumi-reserved.... sad.gif
tvz32
post Jul 30 2013, 09:28 PM

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QUOTE(qqmeng @ Jul 30 2013, 08:58 AM)
from the SA... the 40% left are mainly bumi-reserved....  sad.gif
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How come the bumi allocation is so high for this project? The demography in Cheras doesn't justify such an allocation also
syarehey
post Jul 30 2013, 09:42 PM

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QUOTE(qqmeng @ Jul 30 2013, 08:58 AM)
from the SA... the 40% left are mainly bumi-reserved....  sad.gif
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is it located on a malay reserved land?
NoFear-BBB
post Jul 31 2013, 12:17 AM

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This YouCity and the upcoming Eco Biz Park.... which one better?
tvz32
post Jul 31 2013, 12:44 AM

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QUOTE(NoFear-BBB @ Jul 31 2013, 12:17 AM)
This YouCity and the upcoming Eco Biz Park.... which one better?
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Can you provide us with more details on the Eco Biz Park?
qqmeng
post Jul 31 2013, 10:26 AM

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QUOTE(tvz32 @ Jul 30 2013, 09:28 PM)
How come the bumi allocation is so high for this project? The demography in Cheras doesn't justify such an allocation also
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ya... according to the SA, these bumi lots will be released to the public if it is still remain unsold after a period of time


QUOTE(syarehey @ Jul 30 2013, 09:42 PM)
is it located on a malay reserved land?
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no idea
pay_jal4945
post Jul 31 2013, 10:35 AM

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QUOTE(qqmeng @ Jul 31 2013, 10:26 AM)
ya... according to the SA, these bumi lots will be released to the public if it is still remain unsold after a period of time
no idea
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Yes, the YouCity location is under 'Tanah Rezab Melayu' / 'Malay Reserve Land'
Pezu
post Jul 31 2013, 11:18 AM

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QUOTE(pay_jal4945 @ Jul 31 2013, 10:35 AM)
Yes, the YouCity location is under 'Tanah Rezab Melayu' / 'Malay Reserve Land'
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err,,, i think better clarify on this matter. if the land on malay reserve, how non-bumi are able to purchase the units? in what arrangement or policy allowing that? TQ
pay_jal4945
post Jul 31 2013, 11:42 AM

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QUOTE(Pezu @ Jul 31 2013, 11:18 AM)
err,,, i think better clarify on this matter. if the land on malay reserve, how non-bumi are able to purchase the units? in what arrangement or policy allowing that? TQ
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The arrangement is, the developer must have quota for Bumi in the development area. As mentioned previously, there still have 40% unit available in YouVista - but for Bumi lot la smile.gif
Cheers!
tvz32
post Jul 31 2013, 10:59 PM

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QUOTE(pay_jal4945 @ Jul 31 2013, 11:42 AM)
The arrangement is, the developer must have quota for Bumi in the development area. As mentioned previously, there still have 40% unit available in YouVista - but for Bumi lot la smile.gif
Cheers!
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The 40% will not be fully sold off for sure. Anybody knows what is the timeline needed before they can convert them for public offering?
pay_jal4945
post Aug 1 2013, 10:43 AM

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QUOTE(HeartRock_Cafe @ Aug 1 2013, 12:08 AM)
wonder why youcity so hot but youone no supported in LYN  hmm.gif
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LYN ?
jamesprop
post Aug 1 2013, 10:44 AM

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QUOTE(HeartRock_Cafe @ Aug 1 2013, 12:08 AM)
wonder why youcity so hot but youone no supported in LYN  hmm.gif
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I think this is mainly due to below:
1. Closer to MRT
2. The concept of You One (township)
3. USJ is already a mature developed city, Cheras still plenty of potential especially after the MRT project completed.
| KENZO |
post Aug 1 2013, 11:09 AM

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QUOTE(HeartRock_Cafe @ Aug 1 2013, 12:08 AM)
wonder why youcity so hot but youone no supported in LYN  hmm.gif
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Probably because YouCity had more phases and more units compare to YouOne.
jamesprop
post Aug 2 2013, 12:24 PM

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any 1 has idea when to sign SPA for block D? how is the sales % for this block?
starex80
post Aug 2 2013, 01:31 PM

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QUOTE(pay_jal4945 @ Jul 31 2013, 10:35 AM)
Yes, the YouCity location is under 'Tanah Rezab Melayu' / 'Malay Reserve Land'
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You serious, youcity in malay reserver land, that means chinese 100% cant buy at all and even the developer also cant transfer out.
No play, play, better check carefully to avoid headache in future.
itkaki
post Aug 2 2013, 01:48 PM

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QUOTE(starex80 @ Aug 2 2013, 01:31 PM)
You serious, youcity in malay reserver land, that means chinese 100% cant buy at all and even the developer also cant transfer out.
No play, play, better check carefully to avoid headache in future.
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Wait for Eko Business Park lah where the location is much better . flex.gif
pay_jal4945
post Aug 2 2013, 02:22 PM

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QUOTE(starex80 @ Aug 2 2013, 01:31 PM)
You serious, youcity in malay reserver land, that means chinese 100% cant buy at all and even the developer also cant transfer out.
No play, play, better check carefully to avoid headache in future.
*
There were part of the land falls under Malay Reserve Land and that is why have some Bumi quota in there. The Tanah Rezab Melayu is even stated in the S&P doc wink.gif

"Talking within a fact rather than crap" smile.gif

Cheers!
pay_jal4945
post Aug 2 2013, 02:24 PM

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QUOTE(jamesprop @ Aug 2 2013, 12:24 PM)
any 1 has idea when to sign SPA for block D? how is the sales % for this block?
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Is this James the PJD SA ?
surf-it
post Aug 2 2013, 02:46 PM

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QUOTE(pay_jal4945 @ Aug 2 2013, 02:22 PM)
There were part of the land falls under Malay Reserve Land and that is why have some Bumi quota in there. The Tanah Rezab Melayu is even stated in the S&P doc wink.gif

"Talking within a fact rather than crap" smile.gif

Cheers!
*
That is the reason why the Bumi Quota is so high? This is serious topic, investors better chk on the implications.
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