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 BSP Skypark, First high-rise in BSP, RM400k

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platinum_12
post Mar 16 2013, 07:57 AM

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QUOTE(max_cavalera @ Mar 16 2013, 12:48 AM)
400k at bandar saujana putra with a leasehold land title? total joke! better off by somwhr in cyberjaya with that money....freehold summore...many mnc company oso
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FYI a lot of cyberjaya come and live in bsp. 400k in cyberjaya? Mind to share where n what is d built up.
savants
post Mar 16 2013, 10:00 AM

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QUOTE(Chris Chew @ Mar 16 2013, 12:42 AM)
It depends on whether developer apply / able to get the leasehold extension either upon before S&P sign, after S&P signed, after handover / VP or when strata title is issuing few years after VP.

80+ years remaining lease properties, depends on buyers interest, but value doesn't big effect to the market price, same goes to 70+ years lease remaining.
If buyers interest drop, normally owner will lower down the price as day by day and month by month gone, lease period is reducing hence, owner need to have a mindset game.
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Agree rclxms.gif
Chris Chew
post Mar 16 2013, 11:32 AM

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QUOTE(platinum_12 @ Mar 16 2013, 07:57 AM)
FYI a lot of cyberjaya come and live in bsp. 400k in cyberjaya? Mind to share where n what is d built up.
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Hehe, RM 400k in Cyberjaya, as I know mostly are SOHO or smaller size apartment. Unsure it has old terrace house at Cyberjaya border or something far from those MNC caps. Cyberjaya is so huge anyway.

max_cavalera
post Mar 16 2013, 12:04 PM

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i mean for that pricetag people would in their logic mind better off buying a double storey landed house in bsp....the thing with this ridiculous price point of new development right now is u guys the consumer keeps buying watever the absurd pricepoint intro by the developer in a land not even that strategic...
max_cavalera
post Mar 16 2013, 12:07 PM

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subsale of cyberia smarthome, crescent 1 and crescent 2 doesnt even reach 400k, 290k-340k-350k at most....with a proper 1000+sqf....400k is the price of smarthome n crescent 2 townhouse 1700+sqf subsale price....dont just look at the price of new development...
walle
post Mar 16 2013, 12:17 PM

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QUOTE(max_cavalera @ Mar 16 2013, 12:07 PM)
subsale of cyberia smarthome, crescent 1 and crescent 2 doesnt even reach 400k, 290k-340k-350k at most....with a proper 1000+sqf....400k is the price of smarthome n crescent 2 townhouse 1700+sqf subsale price....dont just look at the price of new development...
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but those places u mentioned above mostly stay by students...doesn't think to be a good environment for family + cyberjaya cost of living (food especially) is much more higher than area like bsp, dengkil...a decent double storey in CBJ will cost around 900k (the last time i asked)
mayshy
post Mar 16 2013, 01:07 PM

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QUOTE(Chris Chew @ Mar 16 2013, 12:42 AM)
It depends on whether developer apply / able to get the leasehold extension either upon before S&P sign, after S&P signed, after handover / VP or when strata title is issuing few years after VP.

80+ years remaining lease properties, depends on buyers interest, but value doesn't big effect to the market price, same goes to 70+ years lease remaining.
If buyers interest drop, normally owner will lower down the price as day by day and month by month gone, lease period is reducing hence, owner need to have a mindset game.
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Seems like developer no intention to renew/extend the leasehold year.
From a buyer perspective, I would worry that if I buy a 70+ years lease remaining.
The resale value would be not as good as freehold and those 90+ years lease remaining.
If the lease remaining left 60+ then it would be even harder to find buyers.

Unless BSP grow to be another TTDI/Bangsar where the buyers interest so high unsure.gif
max_cavalera
post Mar 16 2013, 01:46 PM

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QUOTE(walle @ Mar 16 2013, 01:17 PM)
but those places u mentioned above mostly stay by students...doesn't think to be a good environment for family + cyberjaya cost of living (food especially) is much more higher than area like bsp, dengkil...a decent double storey in CBJ will cost around 900k (the last time i asked)
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average rental income per month for crescent 1 & 2, more than 2k...my unit is 2.3k...students? you'd be surprise all my tenants is executive working in Cyber...freehold land title summore...food expensive? brother come n stay here for a while then talk....so many restaurant n foodcourt in cyber now for you to choose...thrs definitely budget eatery ard here if u properly look around....capital appreciation also gonna be faster in cyber compared to bsp....
max_cavalera
post Mar 16 2013, 01:48 PM

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QUOTE(Chris Chew @ Mar 16 2013, 12:32 PM)
Hehe, RM 400k in Cyberjaya, as I know mostly are SOHO or smaller size apartment. Unsure it has old terrace house at Cyberjaya border or something far from those MNC caps. Cyberjaya is so huge anyway.
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260k will even get you a single storey landed house in science park 2 bdr pinggiran cyber subsale avg price, just a bit off multimedia university...
max_cavalera
post Mar 16 2013, 01:57 PM

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QUOTE(walle @ Mar 16 2013, 01:17 PM)
but those places u mentioned above mostly stay by students...doesn't think to be a good environment for family + cyberjaya cost of living (food especially) is much more higher than area like bsp, dengkil...a decent double storey in CBJ will cost around 900k (the last time i asked)
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landed of course is expensive in cyber....research around for cyberia townvilla, a proper double storey property stacking up 1700+ sqf builtup freehold subsale still going around 400k+ , an auction unit as low as 340k++....rent by room your unit easily fetch more than 2.5k rental....a soho at bsp with starting at 400k? leasehold? areas full of low cost flat? swamp land? lol total joke.... better of buy ecodominiums at verdi symphony hills cyber starts from 450k freehold summore in a classy elite neighbourhood... smile.gif.... food in cyberjaya is expensive? halo brother go to our burger king drive thru cyber there complete meal rm5.95.....that is fast food...malay restaurant mushroom in the domain there with cheap price....
max_cavalera
post Mar 16 2013, 01:59 PM

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QUOTE(walle @ Mar 16 2013, 01:17 PM)
but those places u mentioned above mostly stay by students...doesn't think to be a good environment for family + cyberjaya cost of living (food especially) is much more higher than area like bsp, dengkil...a decent double storey in CBJ will cost around 900k (the last time i asked)
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im sorry i this reality check post will hurt your commission as a property agent in bsp....thing is ignorant ppl keep saying cyber is expensive while they didnt research properly cyber market situation... smile.gif
max_cavalera
post Mar 16 2013, 02:01 PM

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exit from cyber to cloverleaf interchange and reach bsp? merely 8-10 minutes away drive....lol
savants
post Mar 16 2013, 02:18 PM

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QUOTE(max_cavalera @ Mar 16 2013, 01:59 PM)
im sorry i this reality check post will hurt your commission as a property agent in bsp....thing is ignorant ppl keep saying cyber is expensive while they didnt research properly cyber market situation... smile.gif
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Dont worry... people will buy whatever they like not based on what people told them. Its good that we have freedom to voice out whatever we think. People like cyberjaya and people dont like cyberjaya. Its normal...We agent commission is not based on one project only so dont worry ya.. TQ for your advice. rclxms.gif Keep em coming.
max_cavalera
post Mar 16 2013, 02:20 PM

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QUOTE(platinum_12 @ Mar 16 2013, 08:57 AM)
FYI a lot of cyberjaya come and live in bsp. 400k in cyberjaya? Mind to share where n what is d built up.
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they come n live in bsp, puchong or seri kembangan because they have a family n will buy cheaper sub 300k-400k double storey house somewhr near cyber....dats the logic....who in their logic mind would buy a soho at 400k leasehold in bsp full of low cost flat and woring in cyber???

better of they buy any condo, studio townhouse in cyber if they wanna do that!!
max_cavalera
post Mar 16 2013, 02:24 PM

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from investment and own stay point of view for people working in Cyber this development is already fail big time.... i suggest this development agent find any other ignorant prospect then...
max_cavalera
post Mar 16 2013, 02:46 PM

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check out propwall.my for cyberia smarthome, crescent 1, crescent 2 subsale and auction. smarthome of course a lot of students, but crescent 1 and 2 many executives working in cyberjaya. you can even advertise working exec only preferred...theres market there...buy a proper condo size unit. furnish it with what matters....if you can't get a full house rented to a single person at your exoected return, then rent by rooms, if by rooms it is too expensive for your working tenants, add more rooms. partition and such....lower the average rental rate per rooms...invest and price ur room, unit rental based on fundamentals and market demand....not by your own assumptions....i guarantee you will do well in cyber.... smile.gif
platinum_12
post Mar 16 2013, 03:22 PM

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QUOTE(max_cavalera @ Mar 16 2013, 03:20 PM)
they come n live in bsp, puchong or seri kembangan because they have a family n will buy cheaper sub 300k-400k double storey house somewhr near cyber....dats the logic....who in their logic mind would buy a soho at 400k leasehold in bsp full of low cost flat and woring in cyber???

better of they buy any condo, studio townhouse in cyber if they wanna do that!!
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Skypark is a soho meh? hmm.gif ha3 cyber agen vs bsp agent.

This post has been edited by platinum_12: Mar 16 2013, 04:05 PM
max_cavalera
post Mar 16 2013, 04:24 PM

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QUOTE(RO Player @ Mar 16 2013, 03:56 PM)
when the this condo VP and developer selling price? seems alot of auctions..bumilot.. hmm.gif
what is this name of below photo condo at cyberjaya..

user posted image
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this is cyberia smarthome, they recently repaint the unit. 2 years back when u guys keep dissing this place full of students, no eateries, no entertainment, expensive rental bla bla bla subsale back then was only 220k-230k....now its going for 280k-290k subsale...seeing even smaller studio unit at domain launch is 230k-280k now i guess this area could go up pass 300k-330k?

im not cyber agent...im a condo owner the past 8 years here. I study the rental market here and price of subsale unit and new launch here....my opinion is thrs a big disparity between cheap subsale proven rental compared to new expensive hyped project...thrs good and decent return and decent capital appreciation to be made in subsale market here...tome its simple. 200k-270k is a studio rate here....270k-370k is a proper condo rate...370k-480k townhouse rate....anything higher is either landed or townhouse or high end condos exclusive affluent area like symphony hill, dmelur villa, cyber heights... this is the current market fundamentals now in cyber....if developer launch any new type development that is not congruent with the pricing tier here will have a hard time selling except to ignorant investor....an investor will struggle or even lose lot of money if they simply bought not according to principles and just base on hype and the yuppie design of the new development....a penthouse unit in cyberia smarthomes, crescent 1 and 2 launch price was around 700k++ 7- years back.....guess how much it is auctioned now?? barely 380k++.....invest carefully of your hard earned money not throw away simply like that.... wink.gif
mytaffeta
post Mar 16 2013, 06:25 PM

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QUOTE(max_cavalera @ Mar 16 2013, 04:24 PM)
this is cyberia smarthome, they recently repaint the unit. 2 years back when u guys keep dissing this place full of students, no eateries, no entertainment, expensive rental bla bla bla subsale back then was only 220k-230k....now its going for 280k-290k subsale...seeing even smaller studio unit at domain launch is 230k-280k now i guess this area could go up pass 300k-330k?

im not cyber agent...im a condo owner the past 8 years here. I study the rental market here and price of subsale unit and new launch here....my opinion is thrs a big disparity between cheap subsale proven rental compared to new expensive hyped project...thrs good and decent return and decent capital appreciation to be made in subsale market here...tome its simple. 200k-270k is a studio rate here....270k-370k is a proper condo rate...370k-480k townhouse rate....anything higher is either landed or townhouse or high end condos exclusive affluent area like symphony hill, dmelur villa, cyber heights... this is the current market fundamentals now in cyber....if developer launch any new type development that is not congruent with the pricing tier here will have a hard time selling except to ignorant investor....an investor will struggle or even lose  lot of money if they simply bought not according to principles and just base on hype and the yuppie design of the new development....a penthouse unit in cyberia smarthomes, crescent 1 and 2 launch price was around 700k++ 7- years back.....guess how much it is auctioned now?? barely 380k++.....invest carefully of your hard earned money not throw away simply like that.... wink.gif
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are u talking bout this penthouse? 420k..

http://www.iproperty.com.my/propertylistin...nthouse_ForSale

how much is the selling price on day it launched?
savants
post Mar 16 2013, 06:33 PM

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QUOTE(platinum_12 @ Mar 16 2013, 03:22 PM)
Skypark is a soho meh?  hmm.gif ha3 cyber agen vs bsp agent.
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SKYPARK is service residence, commercial title. Im not BSP agent, im fr Reapfield.

This post has been edited by savants: Mar 16 2013, 06:35 PM

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