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 The Skyz @ Puchong Jaya, by IOI

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mes23
post Jun 25 2014, 11:54 AM

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QUOTE(Vincego @ Jun 22 2014, 05:17 PM)
800k condo but so little marketing money  whistling.gif

SA keeps emphasis on 5 acre generous landscape and facilities for purchasers.
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Vincego...wanna to share about 'little marketing money'..maybe someone from IOI is watching this forum. Let them learn what public want to see.
ngshawn
post Jun 25 2014, 01:53 PM

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4 years is quite a long time in real estate terms. You'll never know what will happen by then. But I think one rule is usually right. If that area has no more land, then whoever wants it will need to pay more.

Puchong is already a well-known sustainable and good township. 4 years from now, it can only be better, with development pushing towards the putra jaya site. So, land value should go up here in Puchong Jaya.

And, the development is very nice with high end facilities. Access roads are reasonable to KL, PJ, and airport.

Of course, better to have strong holding power before you commit. Go see the show house and you'll like it. High price/high entry/no DIBS/etc also means less speculations and rich (and hopefully decent) neighbours. So, if can't flip, go there and enjoy the facilities until market recover.

4 years from now, I think 800k is a smaller figure. Put the down payment now and manage your finance for the next 48 months, plenty of times.

And, our society is already polarized. Rich will get richer and poor will get poorer. And, rich will want to buy up high end and price will be less elastic as comparing to mid/low cost development.

Puteri Hill is way over price (for today money) at 1 mil at that location. That's why it's very slow.

Skyz I think is at the right price for this location.

And, usually, buta-buta people make money. Investment is always blessed or cursed by luck.

So, I think it's a good buy.

This post has been edited by ngshawn: Jun 25 2014, 01:59 PM
puchongite
post Jun 25 2014, 02:19 PM

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QUOTE(ngshawn @ Jun 25 2014, 01:53 PM)
4 years is quite a long time in real estate terms.  You'll never know what will happen by then.  But I think one rule is usually right.  If that area has no more land, then whoever wants it will need to pay more. 

Puchong is already a well-known sustainable and good township.  4 years from now, it can only be better, with development pushing towards the putra jaya site.  So, land value should go up here in Puchong Jaya.

And, the development is very nice with high end facilities.  Access roads are reasonable to KL, PJ, and airport.

Of course, better to have strong holding power before you commit.  Go see the show house and you'll like it.  High price/high entry/no DIBS/etc also means less speculations and rich (and hopefully decent) neighbours.  So, if can't flip, go there and enjoy the facilities until market recover.

4 years from now, I think 800k is a smaller figure.  Put the down payment now and manage your finance for the next 48 months, plenty of times.

And, our society is already polarized.  Rich will get richer and poor will get poorer.  And, rich will want to buy up high end and price will be less elastic as comparing to mid/low cost development.

Puteri Hill is way over price (for today money) at 1 mil at that location.  That's why it's very slow. 

Skyz I think is at the right price for this location.

And, usually, buta-buta people make money.  Investment is always blessed or cursed by luck. 

So, I think it's a good buy.
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You view might be correct but your credibility drops to close to ZERO because you are a new forumer. Kakaka ....
ngshawn
post Jun 25 2014, 02:50 PM

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QUOTE(puchongite @ Jun 25 2014, 02:19 PM)
You view might be correct but your credibility drops to close to ZERO because you are a new forumer. Kakaka ....
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Well, in most of the forum, I only read and don't really comment/reply. Same thing here. I'm just offering my view as a resident in Puchong. And, do hope this township goes up/premium so that my investment make money drool.gif
puchongite
post Jun 25 2014, 02:56 PM

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QUOTE(ngshawn @ Jun 25 2014, 02:50 PM)
Well, in most of the forum, I only read and don't really comment/reply.  Same thing here.  I'm just offering my view as a resident in Puchong.  And, do hope this township goes up/premium so that my investment make money drool.gif
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You have to post more then overtime as your post increases you will earn more credibility.

But as off right now, they think you have a private agenda.
mes23
post Jun 25 2014, 03:08 PM

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QUOTE(puchongite @ Jun 25 2014, 02:56 PM)
You have to post more then overtime as your post increases you will earn more credibility.

But as off right now, they think you have a private agenda.
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The Puchong Tribe Council has spoken..
ngshawn
post Jun 25 2014, 03:09 PM

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QUOTE(puchongite @ Jun 25 2014, 02:56 PM)
You have to post more then overtime as your post increases you will earn more credibility.

But as off right now, they think you have a private agenda.
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Well, can't blame people. Too many salesmen around and too many people with agendas.

IOI is a business entity. They make money. We try to make some money along site too. They have money purpose and we have greed. Both must be fuel by rational analytical sense with a bit of luck of the macro development.

It's interesting if this forum is still around 4 years from now. Then, let's see.
mes23
post Jun 25 2014, 03:14 PM

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QUOTE(ngshawn @ Jun 25 2014, 03:09 PM)
Well, can't blame people.  Too many salesmen around and too many people with agendas. 

IOI is a business entity.  They make money.  We try to make some money along site too.  They have money purpose and we have greed.  Both must be fuel by rational analytical sense with a bit of luck of the macro development.

It's interesting if this forum is still around 4 years from now.  Then, let's see.
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Agreed with you point...rational analytical vs emotional analytical
As Puchongite said you may got some agenda but from what I saw you start registered back to June 2013...1 year already watching from the back of computer screen. Love to hear you point as Puchong resident...I'm invest in Puchong also with Sri Alpinia, Sri Cassia at Bandar Puteri (still keep) and sold Bayu Puteri, Semarak Apartment & R3 Setia Walk at Pusat Bandar Puchong, 2 storey PU5 @ Taman Puchong Utama and Southkey Moasic at JB.

All my investment in Puchong include my own house at BK4. tongue.gif

This post has been edited by mes23: Jun 25 2014, 03:26 PM
ngshawn
post Jun 25 2014, 03:35 PM

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QUOTE(mes23 @ Jun 25 2014, 03:14 PM)
Agreed with you point...rational analytical vs emotional analytical
As Puchongite said you may got some agenda but from what I saw you start registered back to June 2013...1 year already watching from the back of computer screen. Love to hear you point as Puchong resident...I'm invest in Puchong also with Sri Alpinia, Sri Cassia at Bandar Puteri (still keep) and sold Bayu Puteri, Semarak Apartment & R3 Setia Walk at Pusat Bandar Puchong, 2 storey PU5 @ Taman Puchong Utama and Southkey Moasic at JB.

All my investment in Puchong include my own house at BK4. tongue.gif
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wa!!! investment guru.

Initially, wanted to buy the puteri hill but after seeing their prices, I thought that it's crazy. Asked the sales girl how do I flip if it's already a million, takan can appreciate to 1.5 mil? and the sales girl told me, "uncle, these day ah, people buy houses with different purpose one. People buy house for their children because next generation can't afford anymore liao!". Almost drop my pant after hearing that.

Then, waited for this skyz project. I think 800k still ok. Can't say it's cheap but just ok.

Look at KLCI, already close to 1900 at historic high. PE ratio for most blue chip already very high. Risky over there too.

Buta-buta go in la... luck and behold. money money grow!

Oh, ps, I was from JB. Be careful with the investment there. Very unsustainable. Land big big and only development make money. If you make already, quickly sell and run.

This post has been edited by ngshawn: Jun 25 2014, 03:37 PM
mes23
post Jun 25 2014, 03:45 PM

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QUOTE(ngshawn @ Jun 25 2014, 03:35 PM)
wa!!! investment guru.

Initially, wanted to buy the puteri hill but after seeing their prices, I thought that it's crazy.  Asked the sales girl how do I flip if it's already a million, takan can appreciate to 1.5 mil?  and the sales girl told me, "uncle, these day ah, people buy houses with different purpose one.  People buy house for their children because next generation can't afford anymore liao!".  Almost drop my pant after hearing that.

Then, waited for this skyz project.  I think 800k still ok.  Can't say it's cheap but just ok.

Look at KLCI, already close to 1900 at historic high.  PE ratio for most blue chip already very high.  Risky over there too.

Buta-buta go in la... luck and behold.  money money grow!

Oh, ps, I was from JB. Be careful with the investment there.  Very unsustainable.  Land big big and only development make money.  If you make already, quickly sell and run.
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When I buy in Southkey Moasic @ JB only Country Garden there launch 3,000 units but now another 4 China developer come and launch like what they did in China ...RF Properties launch 15 blocks at one time...so scare with Iskandar area.
ngshawn
post Jun 25 2014, 04:03 PM

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QUOTE(mes23 @ Jun 25 2014, 03:45 PM)
When I buy in Southkey Moasic @ JB only Country Garden there launch 3,000 units but now another 4 China developer come and launch like what they did in China ...RF Properties launch 15 blocks at one time...so scare with Iskandar area.
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that's what I said, if a lot of land, prices can't go up. Development will keep building and buyers want to buy new one. Then, only developer make money.

I think cyber jaya and putra jaya also same. If you look around, plenty of land still, how to appreciate.

that's why hong kong and singapore good place to invest. No more land and prices can only go up. never check on Penang, but same theory goes....

I learnt the hard way and lost 40% of my house value when I was in JB. So, good luck and quickly sell off. Chinese saying "lose less= take it as gain".
butterfleur23
post Jun 25 2014, 04:35 PM

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There are a lot of development going around Puchong area.. i myself stay in Puchong Jaya area. I see they have very bad maintenance and the shops around there keeps me wondering will Puchong really boom?
look at the shoplots.. only ground floors are occupied and by middle class businesses (not like Taipan/Damansara)
level 1 and above all rented to those foreign workers working around those area

and IOI boulevard.. very good location but looks quite empty to me.. and the business of those occupants doesnt look too good either.

they rather hold the rental price high and not rent out than leasing out at lower price to create business opportunity for ppl to invest and populate the area.

Skyz best selling point is the location. thats about it. the illustration of big recreation area is not really impressive either if compared to other condos developers.

overall puchong still looks like a lower-middle class township. if they wanne make it a higher class community.. they might wanne start attracting big companies to setup business in the area first.



justjerm
post Jun 25 2014, 05:24 PM

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So many contradicting statements, good, not good.... After reading them all, even harder to decide. I guess in the end, buy what you can afford... If for own stay, I think it's a good place; for investing, price will surely increase...

This post has been edited by justjerm: Jun 25 2014, 09:44 PM
mes23
post Jun 25 2014, 05:43 PM

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Saw today at The Star...IOI advertise Skyz Residence on 1 page in National section and 2 pages in Metro section..Open For Sale 28 & 29 June 2014.
mes23
post Jun 25 2014, 11:38 PM

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QUOTE(mes23 @ Jun 25 2014, 05:43 PM)
Saw today at The Star...IOI advertise Skyz Residence on 1 page in National section and 2 pages in Metro section..Open For Sale 28 & 29 June 2014.
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surf-it
post Jun 26 2014, 10:52 AM

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QUOTE(butterfleur23 @ Jun 25 2014, 04:35 PM)
There are a lot of development going around Puchong area.. i myself stay in Puchong Jaya area. I see they have very bad maintenance and the shops around there keeps me wondering will Puchong really boom?
look at the shoplots.. only ground floors are occupied and by middle class businesses (not like Taipan/Damansara)
level 1 and above all rented to those foreign workers working around those area

and IOI boulevard.. very good location but looks quite empty to me.. and the business of those occupants doesnt look too good either. 

they rather hold the rental price high and not rent out than leasing out at lower price to create business opportunity for ppl to invest and populate the area.

Skyz best selling point is the location. thats about it. the illustration of big recreation area is not really impressive either if compared to other condos developers.

overall puchong still looks like a lower-middle class township. if they wanne make it a higher class community.. they might wanne start attracting big companies to setup business in the area first.
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Bander Puteri Puchong?
yoki
post Jun 26 2014, 11:07 AM

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QUOTE(butterfleur23 @ Jun 25 2014, 04:35 PM)
There are a lot of development going around Puchong area.. i myself stay in Puchong Jaya area. I see they have very bad maintenance and the shops around there keeps me wondering will Puchong really boom?
look at the shoplots.. only ground floors are occupied and by middle class businesses (not like Taipan/Damansara)
level 1 and above all rented to those foreign workers working around those area

and IOI boulevard.. very good location but looks quite empty to me.. and the business of those occupants doesnt look too good either. 

they rather hold the rental price high and not rent out than leasing out at lower price to create business opportunity for ppl to invest and populate the area.

Skyz best selling point is the location. thats about it. the illustration of big recreation area is not really impressive either if compared to other condos developers.

overall puchong still looks like a lower-middle class township. if they wanne make it a higher class community.. they might wanne start attracting big companies to setup business in the area first.
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this are facts, mostly are undermaintain
look at IOI boulevard, inner ring, IOI Business park
even from setia walk links to tesco side, can see dumps, rubbish accumulated all over the pedestrian walkway

puchongite
post Jun 26 2014, 11:23 AM

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QUOTE(yoki @ Jun 26 2014, 11:07 AM)
this are facts, mostly are undermaintain
look at IOI boulevard, inner ring, IOI Business park
even from setia walk links to tesco side, can see dumps, rubbish accumulated all over the pedestrian walkway
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I don't blame the developer for cleanliness issues.

I think it's something in the Chinese business men.

Most of the Chinese kopitiam, their back yard stings.

Their toilets are dirty.

The drains are all clogged.

Even the places where the tables where patrons sit, the floor a lot of oil stain and lots of rubbish.
ngshawn
post Jun 26 2014, 11:52 AM

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QUOTE(puchongite @ Jun 26 2014, 11:23 AM)
I don't blame the developer for cleanliness issues.

I think it's something in the Chinese business men.

Most of the Chinese kopitiam, their back yard stings.

Their toilets are dirty.

The drains are all clogged.

Even the places where the tables where patrons sit, the floor a lot of oil stain and lots of rubbish.
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This point I agree. The other day, brought a german friend to have breakfast at Bandar Puteri shoplots on Sunday morning, less car on the car park, I was so embarrassed that trash are everywhere. Feel that it's worst than Jakarta/Manila/Bangkok... vmad.gif

And, it's kind of same everywhere in KL, not just Puchong I think.

Don't have solution, just complaints.

Only suggestion is patron those clean restaurants. And, leave/speak loud if the area is dirty, "AIYO!! SO DIRTY AND SMELLY! HOW TO EAT HERE OH! COME COME, LET'S GO OVER THERE! CLEANER THERE!". Make sure the owner hears it. After a while, they know what to do. That's what I do.

mroys@lyn
post Jun 26 2014, 12:18 PM

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QUOTE(butterfleur23 @ Jun 25 2014, 04:35 PM)
There are a lot of development going around Puchong area.. i myself stay in Puchong Jaya area. I see they have very bad maintenance and the shops around there keeps me wondering will Puchong really boom?
look at the shoplots.. only ground floors are occupied and by middle class businesses (not like Taipan/Damansara)
level 1 and above all rented to those foreign workers working around those area

and IOI boulevard.. very good location but looks quite empty to me.. and the business of those occupants doesnt look too good either. 

they rather hold the rental price high and not rent out than leasing out at lower price to create business opportunity for ppl to invest and populate the area.

Skyz best selling point is the location. thats about it. the illustration of big recreation area is not really impressive either if compared to other condos developers.

overall puchong still looks like a lower-middle class township. if they wanne make it a higher class community.. they might wanne start attracting big companies to setup business in the area first.
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QUOTE(surf-it @ Jun 26 2014, 10:52 AM)
Bander Puteri Puchong?
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I'm sure he/she refer to old shops in puchong jaya. the cube in puteri is high class (lower/middle/higher high? how many grade do you have?). this place is frequent spots for making film.

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