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

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

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.

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

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".

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...

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.

saw a lot of people at the sales/show house at the cube, anyone know how's the sales of Skyz over last weekend?

once spoken to a lawyer specialize in housing loan. She also complaint that when she brought a house, she's also buta-buta sign the SPA. It's so complicated and they should send all lawyer back to english school.

anyway, that's why people are buying from reputable developer, especially those who got burnt before in 1997/98 crisis.

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.

read the news that the Jalan Bukit Jalil next to the skyz is upgrading and will be completed by 2017- to 3 lane and with few uturn. Anyone has the final plan of how this is upgraded? Sure will improve the property value of this one.

Thanks for the info. Well, better than non. The major jam on that road is there anyhow. Just that we all know, by the time the upgrade is done, the traffic will increase again, and it'll not be sufficient again.

This post has been edited by ngshawn: Apr 10 2015, 09:57 AM

Passed by the site and the progress is fast.

Any idea how is the sales of the skyz project?

Heard that puteri hill sales is bad.