Many people does not understand inflation.

If normal people like us do not leverage, we will forever behind inflation.

Nowadays central bank is not required to have gold before money printing...
US will keep devalue US$...

hi i just saw this advertisent for soft launching at puchong prima- 280 park homes.. by the developers of desa idaman, desa impiana.. luks nice and beautiful.. alot new developments goin on there currently espeacily around the big lake... for.e.g Lake side city, m-city, wharf.. 280 park homes some sort of opposite lake, but not lake view like cascadia, just very near to the lake...
any body know about this before...any buyers... but not sure the pricing...  i think belum launch also, nx week is soft launch..so just scouting of any infomations here that other dudes have....

so many new development around this locations :- taman MAS ...X2... is it  booming area from puchong prima/tasek prima and onwards (many empty land and lakes).... towards the D'island--> cuberjaya/putrajaya.... another is towards taman MAS...but taman mas up to the elite highway then industrial already.. anyway back to my intentions of my post:-'  any infomations here that other guys/gals have about this, comments, future prediction of this area, gud investment or gud ownstay '... years back puchong prima like got bad reviews, rempits lah and etc..now becoming goood i guess...

here the info form the developer write up:-
We are very proud to announce the arrival of the much-awaited boutique development by Mitrajaya Homes in Puchong Prima. Introducing 280 Parkhomes @ Puchong Prima, this low density development boasts of an exclusive clubhouse of more than 30,000 sq feet including a 10 meter-high water slide, water play area for children and adult pool with hydro gymnasium. Other facilities within the clubhouse are a fully-fitted gymnasium, games room, squash court, function room, cafeteria and a unique Wellness Centre (anti-oxidant rejuvenation therapy).
280 Parkhomes consists of 11 blocks of low-rise duplexes in a 17-acre land with a single entry/exit point for maximum security. All units are enjoying North or South orientation to minimize heat especially during sunset. The whole development will be monitored by CCTV in addition to ample security guards patrolling 24 hours to give a peace of mind for the residents. With about 7 acres of landscaped and recreational area, 280 Parkhomes will be acquiring the Green Building Index (GBI) certification as part of our efforts to spearhead environment-friendly living.
With a total of 280 units ranging from 2,422 sq feet to 4,370 sq feet, these spacious duplexes provide the feel of a double-storey house in a safe and secured environment. Each unit is meticulously designed for maximum usage of space and with functionality in mind. The large window panels in each unit allow more sunlight to penetrate for brighter interiors and enhance air ventilation. The topmost units (Type A3 and B3) would even enjoy additional floor space on the rooftop with an AV room and roof garden.

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Many people does not understand inflation.

If normal people like us do not leverage, we will forever behind inflation.

Nowadays central bank is not required to have gold before money printing...
US will keep devalue US$...

Yes inflation is going crazy from now and future, but rely on property alone to hedge againt inflation is not healthy too..
But Buy Buy can become Bubble Bubble Bubble.

I am sorry ... we are not a developed country ....

The fact is Malaysia is a developed country with growing population.

The great Klang Valley will hit 10 M population in 15 to 20 years.

Taking into weak RM as consideration, Malaysia properties is not really expensive.

If PFK wins, if they encourage fair & free economy, u will see today's price double in < 10 years.

I am sorry ... we are not a developed country ....

The fact is Malaysia is a developed country with growing population.

The great Klang Valley will hit 10 M population in 15 to 20 years.

Taking into weak RM as consideration, Malaysia properties is not really expensive.

If PFK wins, if they encourage fair & free economy, u will see today's price double in < 10 years.

I am sorry ... we are not a developed country ....

LOL ... U r right ! We are only developing country, not yet developed. Korea was once behind malaysia twenty or thirty years ago is now developed country ...

ah jib kor kenot afford to pull "handbrake" on property la.. lets face it.. if not how does his "legacy TRX" gonna work...

so to please those bising about prop expensive, he just just put some lollipop into your mouth by building so-called "affordable house" which could damn far or damn small in urban area..

bottomline is, no handbrake on property.. 5% increade in RPGT is just for wayang onli..

m2c..

Emkay plans Cyberjaya affordable housing project
By Cheryl YVonne Achu Published: 2012/09/28

http://www.btimes.com.my/Current_News/BTIM...mkay27/Article/

PROPERTY developer Emkay Group expects to launch an affordable housing project in Cyberjaya by the second quarter of next year in an effort to enhance the middle-income group's accessibility to their own house.

"This is an ongoing effort by us in providing affordable housing to the people, in line with the government's desire to see more of the middle income group owning homes," said chairman Tan Sri Mustapha Kamal Abu Bakar.

He said although the project is still in the planning stage, the company expects it to include the development of about 3,000 units of medium cost houses with a selling price of below RM200,000 a unit.

Speaking to reporters after the launch of the Star Central @Cyberjaya project here yesterday, he said the affordable housing project will be part of the group's plan to transform Cyberjaya as Malaysia Silicon Valley in 2020.

Also present was Emkay chief executive Ahmad Khalif Mustapha Kamal.

The Star Central @Cyberjaya project, developed by its subsidiary, Joyful Star Sdn Bhd is a mixed-development project comprising 859,118 sq ft of office space, 814 units of shops and 1,900 residential units with a gross development value (GDV) RM1.8 million.

The construction is scheduled to start next month and is expected to be completed in five years. It will be developed in four phases, Mustapha Kamal said.

"So far, the project recorded a sales value of RM122 million, involving various types of development," he said.

Among the development in the Star Central @ Cyberjaya project are an eight-storey semi-detached office tower units with a GDV of RM420 million, two 25-storey residential studio and office (SOHO) towers (GDV of RM319.4 million), 10-storey shop office (GDV of RM80.8 million), six-storey hypermarket (GDV of RM277.7 million), 48-storey serviced apartments (GDV of RM453.9 million) and a 41-storey hotel (GDV of RM332.2 million).

The company will utilise the Industrialised Building System in order to reduce construction costs, Mustapha Kamal said, without revealing more details about the project.

"We do not want to be too dependent on foreign labour services to build affordable homes in Cyberjaya," he said.

Commenting on the proposed tax incentives for developers who use the IBS and green technology, he said if the government announces it in the Budget 2013 today, the company plans to build more affordable homes in Cyberjaya.

"It is possible (to build more affordable housing) based on Emkay track record so far," he said.

So far, Emkay has already built 22,920 units of affordable housing since 1990 with a GDV of RM1.37 billion. From the total, 11,118 units are located in Damansara Damai, Petaling Jaya and 11,794 units in Taman Bunga Raya, Bukit Beruntung.

Good news..looking fwd for the launch..

do anybody know Galleria@cyberjaya? Good location? I am planning to invest 1 unit there. Commercial building