BSP Skypark is trying to ride on the feel good factor in property since last 2-3 years ago. The initial sales team from developer not able to deliver, hence engaged R*apfi*ld to do the job now. This area is more suited for landed, not highrise. At least not now.

BSP SKYPARK is 99 leasehold, LBS renewed it.
U bought a property with 80 years tenure & i dont think you can complaint anything about it.
After 8% discount its 367k ... under 368psf .
Bumi lot after discount is 342k ... under 343psf.

If property in BSP really depreciate it will happen to landed n strata, which i dont see that happening in next 5-10 years.

This post has been edited by savants: Apr 21 2013, 11:44 PM

There are already many landed around, Semi-Ds, Townhouse, DSL.
It will be a new challenge for LBS to build BSP SKYPARK.
i think its also suitable for students fr MAHSA.
Students tend to prefer condo/service residence compare to landed. Skypark provides good facilities and security especially internet access.
It also consist of 34 commercial lots which is 70% sold out. It will better place for MAHSA students & staff to stay.
MAHSA will have ard 15,000 students arriving.

LBS engaged us REAPFIELD because we r professional & with good track record. We do our job to serve our customer accordingly and sell the property ,thats part of our job.
REAPFIELD has have handled many projects by other developers. If REAPFIELD keep doing a good job for LBS i dont see why they wont engage us in other projects.

Depreciation wont hurt me since that house is for my own living. Highrise will hurt the most. There are huge demand and value for landed compared to highrise. Have the land leasehold tenure being renewed? Or still in d planning stage? Or it will be just like d shopping complex. Never materilize until now. Just empty talk. Students prefer highrise? They prefer what ever that is cheaper. Used to be most of highrise is cheaper compared to landed. That is why most student in another area rented a highrise. But for bsp its vise versa. Think yourself 800 per month for landed 1000 for highrise, which one would the student choose?

Its been renew for BSP SKYPARK, not sure of yours... sorry if you dont get yours.
Shopping complex is in the planning.
As for depreciation, since when BSP got into one... anyway we shall wait and see. Congrats you if your property price rise & we cant do anything if it really depreciate. As for the last few years it didnt happen. Townhouse 200k + now 300k+ Cheers!
Anyway, depreciation wont hurt you but it hurts everyone, its not just you that pay for the property ,others do... u mean you wont feel anything if the property you bought 300k become 250k? You must be very generous person & open minded.
Students still will prefer security to money. Its not big money if only different 200 and also 200 they get facilities like

1. Swimming pool (kids love swimming pool)
2. Jacuzzi
3. Outdoor Shower
4. Sundeck
5. BBQ Area
6. Wading Pool
7. Green Space With Gazebo
8. Cafeteria
9. Reflexology
10. Shops & Coffee house / Convenient Store
11. Gymnasium
12. Yoga Room
13. Game Room
14. Squash Courts
15. Multi Purpose Hall
16. Badminton Hall
17. Kindergarden (Great for starting family)
18. Library/Reading Area (Great for kids)
19. Children Playground
20. Jogging Track
21. Outdoor Gym
22. Surau

MAHSA students r rich , dont worry. I've been to MAHSA & i was a college student myself , i know what students like and stay.
Im sure students would prefer those by paying extra few hundreds. Things have changed more n more high rise around greater KL and other places like puchong, seri kembangan, bukit jalil and definitely more n more high rise will come into BSP in near future. LBS is going to build few more high rise after SKYPARK.
I really hope & wish LBS success .

This post has been edited by savants: Apr 22 2013, 12:35 AM

Allright i'll give enough of my opinion. Even gold prices drop. You think prop wont fall? Anyway good luck for inviting others to d pit. Would like to see wheather there will be another skypark or even this skypark is fully sold. Either way you r d one who didnt get hurt.

This post has been edited by platinum_12: Apr 22 2013, 12:45 AM

Last 10-15 years... i have only see property prices went up... PJ, Subang, Puchong, Shah Alam, Semenyih, Oug. I stayed in all the mentioned place before. I could hardly find a place that prices of their property has drop since ... especially area around KL and within selangor.

My family got hurt very bad in economy crisis back in 1997, lose almost everything in share, sold mostly all properties to cover up. Lucky to have those props to cover.

Gold is different thing, people buy gold for? Keep & Wear? Gold is not a necessity.
Thats why bank lend money for people to buy property ,not share not gold not fund...
Property price might fall, but it will definitely goes back up ... everyone needs a house / property.

Buy land, they're not making it anymore. - Mark Twain
Land become lesser , population become more n more, price will only go up.

Really hope we REAPFIELD can sold out SKYPARK again, we r just doing our best & our job.

Anyway, good luck in your investment.

But for skypark case you r not buying land. You r only buying a space in d sky to live.

U built property on land not on water...
When land price up.. property price up .. thats why you hardly find DSL, Townhouse, link house in middle of KLCC, you can only find those 1000-3000psf condos, studios, service residence... all high up
Besides land factor, material factor too, dont you notice cement , metal and other building materials has becoming more n more expensive every year?
Why people built up ? Land is getting smaller n lesser... hence price up ...
Understand now? Do u see now? We r buying property... property is the word.

This post has been edited by savants: Apr 22 2013, 01:44 AM

Ha3.. Cement and steel price has come down recently. didn't you noticed that?

Building up in KLCC area is understandable, but higrise in BSP? Don't you seeee there is so much land here. Have you been to BSP? cant you see there is vast land can be used to build landed properties? Can highrise compete with landed prop in BSP that has a similar price tag? Location wise? does it justify the price? does it has enough facility? the answer is NO.. Do you understand why i say highrise in BSP might drop now?. I'm expecting more rebate will be given to purchaser to get the demand. And im sure the purchaser will disappointed when they boughta prop here, just like me.. If you are cell phone user, please stay in bsp, you hardly can make a call especially during night time and after raining.

Land will not get smaller bro, it stay as it is. Unless you are saying that Malaysia land is shrinking. And didnt you notice why gov only give leasehold to BSP? why? because after 99 years later they can use this land again and again. So, the issue of not enough land is not applicable in here.

lol platinum_12 had made the thread interesting, i thought you are BSP supporter? But definitely we need these harsh realistic input so to pull back the people from nirvana and consider this BSP Skypark in a more comprehensive perspective.

I have no doubt that this BSP will grow in the future, so if one have the holding power, BSP skypark should worth a try. Of caused the prime focus is still those Semi D/Clusters in the BSP Avenue area, if one have the budget for that.

somehow i agree on this point, BSP is another piece of land in Selangor that is cheap.. need at least 7yrs to see the real profit of investment..

@platinum_12
i think what savants mean land getting smaller is occupied vs vacant.. land in Selangor is less for new development i.e residential.. and when you compare price of house and gold is wrong bro, house is necessity while gold is need.. house is a must have for human being but not gold.. my 2 sen sahaja..

regarding cell phone issue, yeah its very critical there.. hardly get good reception there, even maxis..

i think highrise will be badly affected if property in BSP depreciate.. care to elaborate on ur statement above?

yeah that's weird, landed ll hold strongly compare to high rise in any economy crisis in my opinion, just that the ROI on rental my not be as attractive.

About the gold price, it is a necessity in certain cases. When you want to get married, gold is a must. Almost everyone in this world own a gold. Even our country's economy also being backed by gold. Don't under estimate gold bro.

Land in BSP in particular is not that critical. Dijaya corp just acquired 474.29 Ha land next to bsp, IJM 751.6 Ha. In total 1000++Ha only this two companies, others i don't know. You know how big 1000 Ha is? How on earth you say land is scare in bsp?

About the tel line, bad road condition, reckless LBS, high break in cases, even post laju will take 3 days to reach BSP. Did you know that? i just know all this after 4 months i lived here. If i were to know this earlier i wont buy here. Im quite surprised that no one has ever brought this up in any forum or any blog.

Lucky i bought landed, the demand is still there. But for highrise, please think carefully. This savant, i can't blame him, because it his job to sell the unit, he got paid for it. So what ever it is, he won't say anything bad about it. Furthermore he is not buying any prop here anyway, maybe he himself don't belief the product is good for investment.

You know or not, Skypark land is initially allocated for commercial building which i think suitable to be built there. But now it changed to high density residence, WTH, it will disturb the traffic flow and etc. Even the shopping complex, last time they said mydin (altough i dont like it) confirm to be built here, but now, different story.

I hope by telling this in blogs and forums, other will get more accurate information dont get shitted on developer who only cares about profit and do not care its residence comfort.

wah many complains after you move in, is it that bad? Where are u staying now? Desa Saujana or Lavender 2?

Anyway things gonna be bad in new townships, it will eventually get improve no worry

I'm staying at BSP for at least 1 year now (SP 4 area).
So far everything is quite ok for me.
Both my neighbors are Chinese and both are quite friendly.
So far, I had to agree on the disadvantage listed by platinum_12 where the hp line is bad (using Digi), no current schools (which is understandable due to low density residents), the road is bad (due to heavy constructions and there's only 1 road to be shared )and no public transportation (I think its due to the entry points and also the low density residents).

I would say that we need to give some time for the township to be matured and improved unless LBS is willing to create new entry points that deviates the residents and construction works. Which I think will not happen

For the break-ins, I'm not sure about the statistics as I haven't gone and ask the policemen at the small and cute police station located next to MDKL office
I hope its not too bad tough.

Have you ever checked with Post Office what happen to the mail delivery? Just to clear the sky a bit here, apparently, that's something have to do with post office internal processing problem. All mails will be sorting at Subang Jaya post office before send to Kuala Langat post office for distribution. That's reason why it always delay for extra 2-3 days.

All your commenst only based on your observation never care to find out the facts le........

Yes i know that is the problem. I've asked.

Platinum_12 thinks the BSP SKYPARK price will depreciate once its ready by 2016, and which i dont think so...