I am not bias. In fact I like Malay. They are not as calculative as us.

"Penang cons is a Chinese states. Johor cons is reliable to Singapore." Most with Chinese factor. Not going to elaborate more on that.

I will buy KL than Johor, Singapore than Penang.

The current trend is not only building, is when & what & how they are building.

This thread name? cc Malaysia Landed House @ Eco Glades

Buy Cyberjaya HER, not the condo.

This post has been edited by xyyap: Jun 8 2012, 11:55 PM

I feel Puchong is an urban area, what do u think?

Yes there are still some rich who like Puchong, Lake Edge as the one that exclusive is sexy to them.

"Buy Cyberjaya HER, not the condo." But without condo, Cyberjaya is not sexy to me. Thanks for all the condo buyer.

Average food needs location factor, best food does not need.

Alam Impain, IJM Rimbayu...

How u define "easier entry"? How the rich define "easier entry"?

How u define far from KL with MEX highway?

Why Apple is the biggest company in term of market cap?

As of market today, if I don't have holding power, I will not touch the properties. U got to see my earlier post, to understand how I think.

Many people wonder why Desa ParkCity & Eco Park success?

In Singapore, Certificate of Entitlement for a vehicle costs S$ 90k, this makes most people buying big than small car. U pay some extra maybe S$ 50k to drive bigger car, why not since every car owner cannot escape from the S$ 90k?

Nowadays in KL, if u can effort, will u stay in RM 800k normal loose security house? Or > RM 1 M HER?

If Eco Glades is in Damansara location, how much do u think? For investment, other than holding power, u have to take certain risk. For a properties investment, u must able to imagine u are moving in, else how can u seduce future buyer?

A calculated risk is almost without risk. No risk, No return.

Nice. BUT Malay reserve land @ Sungai Buloh.

Cheap for own stay. Not cheap for investment. Not BBB project.

If u buy for own stay, buy now than never.

If u buy for investment, if u have holding power, buy now but choose smartly.

The next properties cycle run? Likely around year 2015 to 2018.

When world population is 7 B, when Spain bailout € 100 B...

When a lunch costs u RM 6, bus fare costs u RM 3...

What do u think properties will be?

1 Utama: The biggest shopping mall in Malaysia. 700+ shops. 5 M sqft area.

IOI City Mall: 350+ shops. 1.35 M sqft net lettable area.

Shaftsbury Square Cyberjaya: 150+ shops.

Mid Valley: 400+ shops.

Damansara will not be so attractive without 1 Utama. 1 Utama will not be so big without expansion. IOI City Mall about half size of 1 Utama is a very good start. People likes mall but not the hyper market.

Malls: 1 Utama, Mid Valley...

Hyper market: Tesco Mutiara Damansara, Setia City Mall...

IOI City Mall got be a mall to make Cyberjaya attractive.

Launching end Jul 2012 by ballot.

Launching end Jul 2012 by ballot.

We went to Eco Park on 16 Jun 2012. Indicative:

* 1.1+ M
* 26 x 95 (house width 21, reserve land 5)
* 2900 sqft
* 2 storey

Will have 2.5 storey and semi D too.

To me, variety with different brands is the key, size is the factor not the key.

Not a single super store take up huge space, but multiple brands of store allocated with different choices.

Not only daily needs please.

Yes, we do hope IOI City Mall is a mall.

We find Eco Park nice but why?

- Compare to Desa ParkCity, it lacks of 人气.
- Lakes look like teh-tarik.

Anyone can comment?

Cyberjaya mushrooming since 2010 & 2011. In summary, > 7 High End Residents @ 3000+ units, > 11 condo @ 5000+ units, a total of 9000 units were launched.

The township build up is attractive, with most High End Residents build at edge of the square surrounding the center, & most condo located at the center. Launching of condo is unlikely to stop, which make it looks like Mount Kiara.

IOI City Mall is located at north east, & many small shopping malls are available within condo.

This round of launching will add about 9000 households @ 50k population.

People says price no longer cheap.
>>> This is why most condo has small build up, even price psf is not cheap, most are asking below 500k, far different from Mount Kiara.

People says not so many population.
>>> Human migrates when they are given a better choice. If people think combine Damansara Avenue & Foresta total 3000 units are good buy, I don't see why they question about the potential of Cyberjaya, where there are 40k people working & not many staying here.

Let us target 8 to 10 years time for Cyberjaya to unleash its potential. An estimated 200k loss + opportunity costs vs > 1 M gains, I see this will become a promising investment.

For landed house (non semi D @ bungalow), < 10% asking for > 1.5 M. Out of these houses, > 90% located at Klang Valley.

This means < 10% of High End Residents are available for the rich. In reality, the rich shall form about 20% of the society.

I will say we are not the top 30% rich. Yet we are "able" to buy these houses. Why people keep shouting houses are overpriced?

Because they feel price has increased tremendously over last 3 to 5 years.
>>> But when we compare city to city, KL landed house is cheap, taking currency into consideration.

Because they feel they cannot afford.
>>> This need not have to explain. Second sister is the best example. They have cash. They have 0 loan. Their combine income about 200k yearly.

When the current launches all sold. When these buyer start to realize they can't find suitable house with their budget. Economy doing fine. We will see another round of price increase.

Since < 10% of High End Residents are available for the rich. Buying it increase our chance of winning.

Why? When a city become a metropolitan, the poor have no way, but to stay out of city. Klang Valley already have 7 M of population, to hit 10 M is a matter of time.

Developer tends to launch a type of property at a range price. We take Sri Damansara as an example, launching price for intermediate costs about 100k corner 130k. Garden Residences another example, launching price double storey 600k semi D 800k.

For investor, we have to look at what is our target investment time & return. If u buy at a correct booming location, investment time plays a major factor for the return.

One who buy Sri Damansara corner 10 to 20 years ago with 30% premium, will see > 100% asset price compare to intermediate. Yes, inflation is always the killer.

If u buy launch sell upon TOPS, the percentage returns shall be the same. Yup, Garden Residences double storey & semi D price both increase by 50% compare 2 years ago.

Make the right choice. Buying a property that u like within affordability, else people always regret why not buying higher previously.

U must like the property, else how u think future buyers will like?

Business investment & properties investment are very difference, business investment will generates tremendous growth compare to properties, this is why the business is always at higher risk.

A good example comparing time against business vs properties: Singapore Airline may have grow a few hundred folds from 1960. Singapore HDB the most have grow 50 folds from 1960 too.

This is because for a creative & solid business model & management, it always attracts market attention and hence capitalized. This is why the top rich always came from business @ investment. Yes some may have make first pot of gold from properties, but eventually they will divert into business to continue generating cash flow.

We are just normal person. While we don't aim to become top rich, properties investment is 1 tool to hedge against inflation, to ensure we will have good retirement life.

Many people made the wrong mistake of keeping properties too long. Yup properties aged along the time, even a super area & under super maintain, is still aged after 15 to 20 years, worse if your neighbor house is never maintained.

Even experience people like our dear mum made mistake. She always say shall have keep this & that, else can sell at far better price today. Her claims may not be wrong, but what if she got a wrong investment during then?

It is nothing wrong to sell, especially when the properties approaching its limit. Yes u have to continue sourcing for new target, this is the effort that we have to put in for properties investment.

I believe many people knew properties will appreciate during 1960 to 1970, but how many really continue making from it? 1 out of 10 likely.

Not launch yet. Soon will see many discussions.