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

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twincharger07
post May 3 2012, 03:01 PM

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show unit and signage along cheras highway, u wont miss it..


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twincharger07
post Aug 12 2012, 01:22 AM

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QUOTE(Nikmon @ Aug 11 2012, 11:35 PM)
Most of them buy for own stay laugh.gif
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I see SA photostatting some foreigner's passport, but didnt see what's nationality...
got foreigner buy for own stay? wah.. good ah.. drool.gif
twincharger07
post Aug 12 2012, 01:35 AM

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QUOTE(kochin @ Aug 12 2012, 12:28 AM)
again what truly amazes me is that there's practically still no information whatsoever pertaining to this project.
except the BBB mode, 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.
and judging by the response, it would seems like 90% investor against genuine own stayer? jialat upon VP.
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IMHO, most buyers (being own stay or investors) are attracted to the 10%+2% rebate low entry..
was told booking 10k and buyers still need to pay 5% dp.. however, the amount will be rebate back to buyers after the $$ is disbursed to developer..

I asked one of the mid floor unit 1276sqft about RM640,000.. price after 12% discount is RM563,200, thats about 441psft..

so big kap lah + DIBS + free legal fee and beside MRT, BBB... (they BBB la, I hold hold hold tongue.gif ... IMHO, this place got potential, but those who bought for investment need some holding power after 3 years.. gain and yield might not be realized immediately upon completion hmm.gif .. )

This post has been edited by twincharger07: Aug 12 2012, 01:38 AM
twincharger07
post Aug 12 2012, 03:12 AM

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QUOTE(ceveori @ Aug 12 2012, 03:07 AM)
Check out KR2, 7% rebate, DIBS, Free Legal Fees, < 1km to LRT, in Bukit Jalil & cheaper absolute priceĀ   wink.gif
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not much left except the bigger units...

This post has been edited by twincharger07: Aug 12 2012, 03:15 AM
twincharger07
post Aug 12 2012, 12:34 PM

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QUOTE(yankicip @ Aug 12 2012, 11:11 AM)
I asked my neighbour. she is from Russia. i asked her why buy and stay in Malaysia?

She said no natural disaster. low cost living. eng speaking. weather good for old lady like her. My 2nd home is very easy to apply ( need small amount if fd only). property very cheap and can make profit also when sell.

She also said. she never make loss in property  (Moscow and kl )
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did she buy into youcity?
twincharger07
post Aug 12 2012, 01:05 PM

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QUOTE(Chris Chew @ Aug 12 2012, 12:53 PM)
Wahh Twin Gor. You also attracted to YouCity ahh???

Agree that most buyers here are very attracted to the 10%+2% rebates. Same thing happen to YouOne USJ, most young buyers did not care the high price point and importantly for them, easy n lowest possible entry.

PJD requires RM 10k booking and dp of 5%, which re-imburse later is one of the strategy to control the quality of the purchasers, at least none will simply just book without pay anything and get loan of 88%.

IMHO, YouOne looks better in terms of location but YouCity looks great in terms of Greater masterplan compare to smaller scale in USJ ( they have one more similar product coming soon or next year ) and affordable pricing of RM 500 psf bfore heavy discount with DIBS option against high price of RM 650 psf in YouOne. Probably YouCity has all the potential in this area but I very predict, it going to takes time bcz most of it's projects are investors' game.

Anyhow, they do not need the worryness of selling of as they had great group of investors and supporters fr Singapore and Sabah, but upon VP, these are the group who buy and keep which keep the number of transactions at bay as well as the occupancy rates.
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jiu lai just a 15 minutes drive there from my place la.. biggrin.gif .. last time i did book a unit just across the road (Green Terrain @ 350psft), but then i cancel it and switch over to KR2 laugh.gif

wah, your cable sibeh strong la.. anyway, i wonder does those Singaporeans and Sabahans know what they are buying into hmm.gif

Only 16 pages of discussion in LYN and so far only spotted 1 buyer from WTF...
not many young chaps buying into this?
So it could be auntie uncle buy few units 1 shot? plenty of foreigners buying for investment?


Added on August 12, 2012, 1:08 pm
QUOTE(yankicip @ Aug 12 2012, 12:39 PM)
She think about the penthouse block a in you city.

I told her to think twice as property price is at ceiling now and she eye for huge unit. buy later maybe better price when drop. if buy landed no problem.
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yea.. the ceiling price kinna put me off also... this will be a very long term investment..

This post has been edited by twincharger07: Aug 12 2012, 01:13 PM
twincharger07
post Aug 12 2012, 10:01 PM

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QUOTE(kenji1903 @ Aug 12 2012, 09:23 PM)
for people not familiar with an area, definitely it's a price comparison among new props within a certain radius...

similar to:
YouOne vs Empire Remix vs DaMen vs Regina
Seringin vs Le Yuen


Added on August 12, 2012, 9:24 pm
YouCity - better location, a bit "chap"
WOTP - better landscape/more class, further in (quite far...)
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IMHO.. YouCity and WOTP are very far apart
twincharger07
post Jul 29 2017, 01:06 PM

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QUOTE(tikaram @ Jul 29 2017, 01:01 PM)
My tenant said walking to station quite challenging, hot and  with pocket water every where during rain. vmad.gif

Hope the bride complate asap in 2018.
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Tikaram boss.. how's the rent rate for you-city?
I am exploring jiulai lately..
twincharger07
post Jul 29 2017, 01:31 PM

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QUOTE(tikaram @ Jul 29 2017, 01:28 PM)
disapointing. i rent out very cheap. roi is only 2.5%  sweat.gif

but next contract renewal with mrt i am looking for 3.2% . don't give a fukc with the tenant. rclxm9.gif
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I see.. I tot of exploring those along MRT line closer to KL city..
twincharger07
post Jul 29 2017, 02:44 PM

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QUOTE(tikaram @ Jul 29 2017, 01:37 PM)
price is too high now. vmad.gif

rental yield is so jialat. cry.gif
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I think I have the be very selective or don't buy at all at the current moment.. some props are depreciating, but still not to a level to have 5% rental yield..

Maybe in the next few more years when economy gets better..

 

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