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 The Skyz @ Puchong Jaya, by IOI

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ibbrio
post Jun 26 2014, 08:31 PM

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drove pass from bukit jalil left hand side shell station before right hand side furniture shop lots and petronas
saw some existing concrete floors
looked precariously high
no confident whether landslide will occur
irdk land one may be better on flat land

ibbrio
post Jun 27 2014, 01:52 PM

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where is the entrance to skyz? right after shell station on the left?
that road is quite steep i remember (makan fuel to go up)
why there is existing building there?
half completed i think 4-5 storeys like abandoned project before
no doubt IOI better name than irdk but irdk location is quite good facing tesco and in front lots of shops
with skyz, i think have to make u turn depending on which direction in and out
ibbrio
post Jun 27 2014, 03:15 PM

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QUOTE(mes23 @ Jun 27 2014, 02:14 PM)
Bro different target market loo..I think as the creator of another Skyz forum mind, the sub-line told everything  "Crown of Puchong, Overlooking the Rest" vs facing Tesco (it is totally different ball of game loooo). But money decision is on everyone hand..

What I saw from the site, the 4-5 storey is the car park podium level for Tower A & B
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I feel kinda strange when they already have few floors of car park floors constructed but nothing on the top
No visible sign of construction crane, tower, etc.
It does look like revive a previous abandoned project
Is this the case?
buy to flip?
or rental?
which is better?

ibbrio
post Jun 27 2014, 07:27 PM

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QUOTE(butterfleur23 @ Jun 27 2014, 03:21 PM)
IMO, think this is more buy to stay. not to rent (majority foreign workers at Puchong cant afford rental at Skyz) and not to flip (because IOI holding units to sell at higher price) UNLESS one have holding power then can rent/flip
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with sky high pricing, probably rental cannot sustain the loan repayment and i really wonder who will buy at flippin' time when the pricing at launch is already so high
is there genuine buyer buy to stay?
we are entering over supply market now right? but still many have the cash to just buy buy buy vegetable mode
ibbrio
post Jun 27 2014, 07:28 PM

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if buy to stay sure sakit hati payin high interest to bank just because we want to live at skyz...seeing the sky
maybe still go for lower pricing properties to stay
ibbrio
post Jul 1 2014, 05:38 PM

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cheapest is close to 800k for condo
can buy meh?
this kind of pricing probably deserves a place like mont kiara etc.
here is only puchong
location not much different from all other condos along ldp from ioi mall until bandar puteri
buy medium cost apartment and dump in 200K renovation probably still less than 800K but looks luxury

This post has been edited by ibbrio: Jul 1 2014, 05:39 PM
ibbrio
post Jul 1 2014, 05:40 PM

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with crazy pricing within a short time we see all condos in puchong at RM 1million. so many millionaire out there to feed the bank interests meh?
ibbrio
post Jul 1 2014, 08:07 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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true
there are so many foreigners in puchong
look at the old shop lots
you can instantly feel this is not malaysia but in 3rd world countries
when you compare with usj you can instantly feel there is class difference
also puchong is considered as over supply
everything you can get in puchong so those continue to build integrated concept will find it hard to attract tenants to come except another mamak, nrmal cafe, etc. which most likely cannot last long except mamak because it provides the basic
ibbrio
post Jul 2 2014, 03:48 PM

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QUOTE(ngshawn @ Jul 2 2014, 09:02 AM)
I think these foreign workers will slowly move away after the construction jobs are done.  Looking at the available lands, it's most likely will push to the direction of cyber jaya/putra jaya/SKVE.  It's growing pain I think.
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not really construction workers alone
there are those already set up their life in puchong
those having family
those running operate food stalls
you can see almost majority of food stalls operate by foreign workers
so unless immigration comes again to check else you can feel we live in 3rd world country
bandar puchong jaya plenty and pusat bandar puchong
i am sure other puchong areas many too
ibbrio
post Jul 2 2014, 03:48 PM

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PH a lot in setiawalk drinking and play snooker
where their money comes from? mix with local ladies too
ibbrio
post Jul 2 2014, 04:00 PM

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QUOTE(mes23 @ Jul 2 2014, 03:57 PM)
They print 'greenback' bro!
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wow cool2.gif
think we should learn it too
ibbrio
post Jul 8 2014, 06:12 PM

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1 malaysia
if PH from america then different class right?

ibbrio
post Jul 8 2014, 06:12 PM

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i wonder why people buy skyz so expensive?
cannot buy landed meh 2nd hand and renovate?
ibbrio
post Jul 9 2014, 01:33 PM

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QUOTE(puchongite @ Jul 8 2014, 06:24 PM)
We cannot discriminate people just based on their kulit-fication or the country where they come from.

What's relevant is that these PH what do they do here ? Do they really come here to study ? What work do they do ? Do they party, drink and make loud noise .....
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correct but when one particular race gets too many and they hang around
watch people
look at people we as individual would feel overwhelmed and sometimes threatened
even in klang valley some places i saw them about 7 sitting and drinking in a normal chinese restaurant but they start to hold the hands of the indon server and call ah moi
if they do good things here then no complaint
like if we hire them and they transfer their knowledge here
ibbrio
post Jul 18 2014, 09:11 PM

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market starts to slow?
ibbrio
post Jul 18 2014, 09:12 PM

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very quiet nowadays and BLR increased
ibbrio
post Jul 23 2014, 05:17 PM

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that means when market is slow, developers will find it harder to sell
they cannot slow down development right since with SPA, so they will offer more discounts??
ibbrio
post Jul 24 2014, 01:53 PM

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QUOTE(puchongite @ Jul 23 2014, 05:45 PM)
Developer can give discount, but it can never be lower than the very initial buyers' price.

If developer goes lower than original selling price, it will have a big repercussion. No no no, no developer will do that unless they are having financial trouble.

Judging from IOI punya style, they just hold lar. As simple as that.

After holding long enough, they will even raise the price again !
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let's monitor the market to see how it performs
more discounts still better
saw adverts new bandar puteri township development in bangi coming soon
would it be cheap?
is this close to southville by mah sing punya bangi?
all move south?
will it be like bandar puteri one day so "wong"? hmm.gif
ibbrio
post Jul 24 2014, 02:10 PM

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QUOTE(puchongite @ Jul 24 2014, 02:04 PM)
Just ask yourself, would you buy a property which drops price ?

It's like share market. Nobody wants to buy a share/stock which drops price.

So don't even hope for it, it will not drop.

The way to promote a property is to increase it's price and not giving more discounts.

Totally not familiar with bangi. I think the upcoming bandar puteri sepang (kota warisan) is worth checking.
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wow, another bangi development?
kota warisan i think near airport but is it by IOI? or no name developer?

what i meant was if we know the property well, liked it, but not making decision now, and few months later there seems to be corrected price downwards, i think it is worth to consider. of course not drop like mad price. developer may not drop price but may offer like additional car park, extra furnishing package, etc. slight downward adjustment would be good then is like extra offer and grab it for stay or long term keep. i don't know IOI history. not sure whether they will do this. of course like you said, most will hold and sell higher upon VP. then we see how market of supply demand performs from now until 2015
ibbrio
post Jul 24 2014, 02:33 PM

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QUOTE(puchongite @ Jul 24 2014, 02:28 PM)
Kota warisan is south but pretty far from Bangi.

Many developers will have projects there, it's a question of when.

IOI, Glomac, Sime, I&P etc.

Currently KIP has a fully sold project there but still under construction.
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if your news is true, then i will definitely look into this area because it is in sepang better than bangi!!
and i think xiamen uni is under construction there so is kota warisan gonna be like cyberjaya where all developers starting to enter??

anybody know the history of kota warisan?
is it a kampong area or oil palm clearing for new township?


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