cc Malaysia Landed House @ Eco Glades


This post has been edited by xyyap: May 11 2012, 09:54 AM


Attached image(s)

Location, location, location. How to find a good location with good price?

So far only KL & Penang commanded a good price. Other states @ places outskirts can only fetch half the price.

For example, Johor and Sungai Buloh semi-d can fetch about RM 800k.

Johor properties are expensive, higher than klang valley. sungai buluh is in selangor state.

which sb semi d 800? brp5 1.2m, brp2 cluster 1m

U got to compare apple to apple.

Buying Johor properties target Singapore buyer will not work.

Bandar Seri Coalfields.

Many semi d 800k at sungai buloh
Kuala selangor even cheaper

Nusajaya, Johor semi-D already selling mid - 850k for low end.
Normal will cost over 1M already.

Nusayaya, Johor, HH terrace already selling from 850k and semi-D selling at from 1.3k .

Open windows got free api api show

nilai, pajam, salak tinggi......semenyih...

Given the location of KL, PJ, Subang & Seremban, the KL southern area shall be a better buy.

Puchong & Sungai Besi are obvious example, compare to Rawang @ Sungai Buloh.

Nowadays lands are selling very expensive.

We shall see more & more development move out from city.

Developer will also build more 3 storey bigger & exclusive. An extra storey costs them less building in bulk. But selling at higher price create better profit margin.

If developer buying an expensive land, they buy high they sell high. Everyone likes apple especially the rich because of exclusive.

Not every project buy during launch sell upon completion will make.

U buy launch, make 6k installment, collect 3k rental.

Hold 10 years for whole township & next property cycle. Work as an ant & don't over leverage. U will make.

When our parents buy properties 30 years back, wow 80k how to effort.

When we buy KL house 5 years back, wow 400k how to effort.

Today wow 1 M how to effort. U sure ah?

The rich will get richer, because the poor "cannot" effort.

if the poor can afford then they wont be called "poor" already.

put more effort in earning/finding $$$ to afford your dream [anything].

without 1M, you will never be able to get a semi-d in penang

The most expensive properties in Malaysia are in Johor.

you're kidding right? in Johor??

Loan 800k for 20 years, about 40k interest per year total 200k interest 5 years.

Must loan 30 years to minimal first few years interest.

Rental collects net 2.5k per year total 150k rental 5 years. 5 years for a exclusive properties to increase by 20%, then 150k will become pure income.

See this as the worse scenario, unless a major economy hit decreases across properties sector.

I hope the best u can get a good unit, with early bird discount & dibs. The good thing is the property will complete on end 2015, plus another 5 year to become 2020. This provide u more time for the place to mature, & higher profit margin for u to harvest.

I wish to commit, if u make it & wish to share me some profit, I can bare RM 200k if anything goes wrong. Touch wood, touch wood, touch wood.

I am sincere, not trying to make profit from your money, only hope can lighten own burden to give u all more.

Choose KL & Singapore than Penang & Johor, not because of we stay & so we buy.

Population:
KL: 1.6 M, 6696 per km2.
Singapore: 5+ M.
Penang: 1.5 M, 1048 per km2.
Johor: 3.2 M, 168 per km2.

Selangor: 5.4 M, 668 per km2.
Putrajaya: 67k, 1287 per km2.

Penang cons is a Chinese states. Johor cons is reliable to Singapore.

KL, Penang, JB properties used to be about the same price, but KL metropolitan like Singapore makes price running ahead. The trend will not change because of Malay government.

Puchong lake edge:

2003: Launch 400k.

2008: Launch 700k.
9 out of 10 people: 700k? Wow, location not good, leasehold, ex-mining land, not gated, no external renovation allowed, RM 400 monthly maintenance? Puchong blah blah blah all better buy?

Today: Above 1 M. Running ahead of all Puchong peers.

???

Exclusive!

Location vs Township:

Mutiara Damansara, launch 2000, better location @ the curve, urban area with smaller build up. > 1 M.

Desa ParkCity, launch 2000, kepong location with a toll, nice landscape & slightly bigger. > 1.3 M.

Desa ParkCity 3 storey super link house, launch 2003 @ > 800k, today asking > 2.5 M.

If u have feeling of Eco Glades like Desa ParkCity, it is a close eye buy. Cyberjaya lake garden is very nice, we shall see the launch.

How I see Cyberjaya negative comments positively:

1. Out of my company 5000 staffs, only 3% stays in Cyberjaya.
>>> What if 30% of them prefer to stay here? 1500 household.

2. The place is so far even compare to Puchong.
>>> it will reach KL lesser time via MEX highway.

3. It is a ghost town, only the government servant stays there.
>>> Government servant mainly stays in Putrajaya, statistic & experience shows that the place high occupancy yet well planned.

The Idea Eco Glades:

* 1.18 M
* 8% early discount
* 10% down payment
* DIBS
* 800k @ 20% loan
* 6k monthly installment
* 3k monthly rental
* 300 monthly maintenance

* 28 x 80
* 3500 sqft
* 3 storey
* Freehold
* Gated & Guarded
* Free club house
* South facing
* Lake facing
* MEX highway direct entry
* Perfect landscaping
* Neighborhood amenities
* TOPS 2015 - 2016

Seem like you are staff hor keep promoting this project

I am not the staff. I just want to draw comments about my opinion.

Setia like own time own target, Apr @ May 2012 become Jul @ Aug 2012. Master plan & concept better be superb.

Good properties will find buyer. Make sure u are not missed.

Very tempting! I dun think it priced 1.18 mil, shd be higher +-1.3 mil

when was the last time you come to BRP?
Latest BRP7 prelaunch semi-d 2 stry 700k+, Semi-d 3 stry 900k+, Bangalo 1M+, GG, early bird discount lagi.
wait for what?

Which company in cyberjaya got so many staff? HP?

Still cheaper than d island ,,,,

That must be bumi-only project

D Island price is crazy

"Out of my company 5000 staffs, only 3% stays in Cyberjaya." I do not know, ask the person who comment, or anyone working in Cyberjaya.

I am convincing my dear to buy.

I know many comment Cyberjaya = sibeh far land. Since many developers never convince them, I don't have to.

Again, I am not the staff. I just want to draw comments about my opinion.

Any layout can share?

Any show unit?

I have a house in puchong which is near cyberjaya an often go to cyberjaya. frankly speaking I am
a bit sceptical of cyberjaya. Probably after puchong, kajang really2 developed kau2, then only this place can develop. try to go at night. like a ghost town. one famous restaurant featured in jalan2 cari makan (noodles made out of fish) also had to close shop due to so few customers. cannot sustain

Yes if I have. But I am not the staff.

I wonder why Setia waiting, while super link is BBB mode.


This post has been edited by xyyap: Jun 8 2012, 10:43 PM

I agree Puchong is lively, but lively & exclusive is difference.

If u like Kajang, buy now than never.

U see the difference Cyberjaya vs Mount Kiara?

What about the difference Eco Glades vs Desa ParkCity @ Eco Park?

A HER (High End Residences) command high premium, may due to many reasons.

My cup of coffee, may not be your cup of tea.

No way Cyberjaya match MK. However I dun like MK at all

I asked to see the difference, and of course the similarity.

U see, u feel, u know how they will develop Cyberjaya.

Malaysia is developed by government or private firms?

Everyone see the history of Cyberjaya, anyone see the future of Cyberjaya?


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

dunno la. that is just my opinion. Like I mentioned in my few last posts. since I was in high school, people kepochi about how great cyberjaya will be and after 6 years of working, still like now? very frustrated. I was hoping a better cyberjaya so my property can also
benefit but I have better chance of waiting for puchong developments and LRT

This post has been edited by AMINT: Jun 8 2012, 11:24 PM

sorry can elaborate the malay government statement? is it because of how government is continue pouring money into KV?

actually since KL metropolitan is mentioned, the density should be calculated as Klang Valley not KL itself.
while Penang can be calculated on the Island itself, both density is actually quite close, Penang Island and Klang Valley. imo Penang Island is a good investment destination ..

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.

Ok. The future of Cyberjaya, the current trend is like building first and the demand will come, will the demand come? Feels like lots of hi-end development to be adsorbed there?

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

Which is why you pointed to Lake Edge also I guessed?

thanks, will try to adsorb.

If really 1.18 M after disc 1.1M look lkke very tai, opposite leasehold reflexion can taupau liao ....


I think roughly know which restaurant, is it the one in Domain. If that is the one, i think the location is not that good, thats why closed down. Others restaurant are doing quite well, like padi house, sauna and saba middle east restaurant, restaurant nearby petronas are doing not bad also ... Lim kok weng food court also not bad, got hot chick sometimes ...

If I am your boss, you will definitely get demoted!
Ask you to work, you goreng properties and hunting for hot chicks!

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.

Too urban

But which is why there are schools, tuition centres, easy to get stuff etc

Eco Glades seems very nice and unique.

But abit isolated leh. As in far from matured areas. Plus this is like Eco Park standalone, I wonder even if SPS wanna drive the commercials, will it work?

---

Added on June 9, 2012, 10:07 amWhich is why you are taking a position here. Condo has to succeed to a certain extent first.
Else the landed, cannot go to the next level..

This post has been edited by 1ullaby: Jun 9 2012, 10:08 AM

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.

Boss, not far from KL, far from matured areas.

Easier entry as in mass market, mid range properties, due to resilientness.

But I believe you are going for some sort of blue ocean in terms of property product, which I understand,
but will also be relying certain extent on prosperity of Cyber, due to its location .. ok, let me have second round of absorption, need food in stomach first, thanks thanks

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.

My company promoting work life balance ... So need something to balance the stress from work ...

Tropika putra my friend.

http://www.propertyguru.com.my/property-li...for-sale-942311

Nice. BUT Malay reserve land @ Sungai Buloh.

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

This is a bumi-only project

fren, please do not mislead the reader, first of all not all Bumi are malay, second, you should go find out more about MRL before you reply.
Any developer trying to develop MRL with semiDs and bangalows at sg buloh area without selling to non bumi is suisidal.

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.

I have the same projections, albeit mine is more based on stock market projections.

If the property run materializes in that period, it will in fact have a fair chance of being a very very major run.

But will also likely to be the last wave.

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?

What do u think?

I though those are happening dy?

Anyway I shudder to think what will happen either way, hence I have my hedging position and won't be ramping up or down anytime soon.

If malaysia's property bubble burst....
we might become like greece or spain....
at that time hor...god also cannot bless anymore...

Keke. You can think like this, if BNM and the public is wary of any possibility of bubble and watching it closely,
but yet the market still burst anyway, then what can we say, as we took a calculated risk and lost it.
Given a second chance, would you still do the same?

This is certainly not euphoria state, and certainly not bursting material. But few years more of party then nobody can say.

hehe...will definitely burst but not for these coming few yrs
so take ur time to save more MMMMMMMoney

It had been discussed b4. check link http://forum.lowyat.net/topic/1991770/all

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.

Mind to elaborate more?

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.

If not mistaken Setia City Mall & IOI City Mall are larger than Mid Valley in terms of total retail floor area, how could you say they are hypermarket? Wat bout Sunway Pyramid & Times Square = Hypermarket?
To me Hypermarket refers to Giant, Tesca & Carrefour alone only.

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?

Last few weeks,lakes less brown. Now a cross between teh Tarik and ocha. Improving.

Is it gated and guarded? Any idea about the price for semi D then?
I am comparing this proj with Mirage by the lake Villas.

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.

y this thread more like blogging rather than forum? nobody interested wif the seg? if i got $ sure will buy this 1.

Not launch yet. Soon will see many discussions.

Let us take Singapore vs Desa ParkCity landed as reference material.

Search from propertyguru, a cheapest Singapore landed asking from 250k yield 16%. So cheap? Yup but leasehold balance 8 years. Once expired, almost impossible can renew. Leasehold is a no.

The highest Singapore landed @ Sentosa Cove asking 101 M about 5k psft.

Now compare apple to apple, compare semi D 4000 sqft in Singapore vs Desa ParkCity. Singapore asking 4M Desa ParkCity 3 M.

Forget about the currency & land factor. This means a nicely build KL High End Residences is able to fetch about 75% of Singapore value. This is why I think betting on HER increase our winning chance.

To be fair, Singapore is a new but Desa ParkCity semi D is a resale. For a new Desa ParkCity semi D, the asking & psft price will be the same.

http://www.macestudio.com.sg/work/landscap...etia-eco-glades


This post has been edited by xyyap: Jul 20 2012, 11:03 AM

Great!! Good!

no info attached?

i heard last time is belong to SP Setia, not taken by Marshing because of a deal between them in china

Not confirmed. Setia never admit this is the design.

Everything is possible.

But I feel is unlikely. Why? This supposed to be Setia top project.

can find this on setia's website?