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

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humble_tot
post Aug 12 2012, 01:15 AM

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QUOTE(kochin @ Aug 11 2012, 05:53 PM)
those who opt without dibs can get additional 4.85% off? very good deal wor.
Bro, from my experience of booking & canceling U1 Usj, I guess this is the capping of DIBS amount based on 90% loan e.g. if RM400k loan X 4.85% means developer will bear upto RM19.4k only. Anything more than that buyer makan sendiri cheers.gif


Added on August 12, 2012, 1:16 am
QUOTE(kochin @ Aug 12 2012, 12:28 AM)
i still haven't got a clue on what's the product like. what's with the unit. what's the ancillary product, car park, freebies, etc.
You mean buy don't know whether they get carpark? Possible? unsure.gif


Added on August 12, 2012, 1:18 am
QUOTE(riskbreaker @ Aug 11 2012, 09:56 PM)
tomorrow price increase some more...
Same strategy as U1 Usj. PJD create the fear factor that you don't buy you'll lose out, it works all the time for the 1st block cool.gif

As at last week, U1 usj 2nd block about 50-60% sold only. I saw @showroom when collect cancellation refund cheque.

This post has been edited by humble_tot: Aug 12 2012, 01:18 AM
humble_tot
post Aug 12 2012, 01:26 AM

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QUOTE(Cantalope @ Aug 11 2012, 11:01 PM)
The way I see it, there will be lots of lelong becoz when building is completed by 2015 for phase 1, there is NO MRT YET. Who's gonna rent there? A rent of >2.5k is beyond reach of many Malaysians. Unless you get rich foreigners to rent, but then again, if there are rich foreigners, might as well they rent some place closer to city for that price.
I think it is quite risky purchaser banking on a far away prop with the expectation of LRT/ MRT coming. What happen if LRT/ MRT never come? If you're old enough you'd know about the Bukit Beruntung story of 2nd airport coming ohmy.gif

IMHO it is right to aim at LRT/ MRT potential but if you target Bukit Jalil, Kota Damansara, IOI area you won't be far worse even the project delayed or abandoned hmm.gif
humble_tot
post Aug 12 2012, 02:08 AM

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QUOTE(feizaiII @ Aug 12 2012, 01:34 AM)
Why you cancel urs?
*
After Empire Remix launches 1k+ unit I decided to cancel & re-invest elsewhere (still looking around) because kinda over supply there, how to compete rental with the Scholar sub RM200k purchase price shakehead.gif

Another concern is the traffic in USJ1 sweat.gif

This post has been edited by humble_tot: Aug 12 2012, 02:09 AM
humble_tot
post Aug 12 2012, 11:57 PM

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QUOTE(lamode @ Aug 12 2012, 11:51 PM)

QUOTE(ecin @ Aug 12 2012 @  06:53 PM)


It'll kill if too many no holding power investors for such price before a location go mature
even so i don't think they would let go at price lower than their purchase price.
No holding power means force sell aka auction smile.gif
humble_tot
post Aug 14 2012, 12:09 AM

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QUOTE(jimz97 @ Aug 13 2012, 11:52 PM)
agreed.  i saw they booked their units without asking much questions like young buyers.  i guess SA more prefer to attend these uncles & aunties.
These are Blind Blind Buy (BBB), I saw many oldies sapu 4-5 units of Symphony Park too, now the project stuck. For details, read that thread sweat.gif

 

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