pm me also tq
The HYVE - Cyberjaya, Sohos and Service Suites
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 Mar 19 2013, 06:50 AM
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Junior Member
16 posts Joined: Sep 2012 
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Mar 19 2013, 07:08 AM
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Junior Member
200 posts Joined: May 2011
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I bought an unit in Hyve than RM200k after discount. Hyve, compared to mot if all recent launches in CBJ, is the cheapest. There is risk of over supplying of condos in CBJ but at this price, the risk of losing money is small. In fact with the rising cost of land, building materials and labour cost with the implementation of minimum wage, pricing at the current level, most of the developers are making not more than 20% iin profit especially those who only bought land recently. Anyway, I am not too worried about my unit. With more than 500,000 people joining the workforce every year in Malaysia, there will be demand for housing. The question is how soon. As long as we can hold for 3-5 years, I think we should b ok. The reign of making big bucks upon VP going forward will b hard to come by. All d best!
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Mar 19 2013, 09:41 AM
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Senior Member
1,016 posts Joined: Apr 2006 
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QUOTE(Princezz @ Mar 19 2013, 07:08 AM) I bought an unit in Hyve than RM200k after discount. Hyve, compared to mot if all recent launches in CBJ, is the cheapest. There is risk of over supplying of condos in CBJ but at this price, the risk of losing money is small. In fact with the rising cost of land, building materials and labour cost with the implementation of minimum wage, pricing at the current level, most of the developers are making not more than 20% iin profit especially those who only bought land recently. Anyway, I am not too worried about my unit. With more than 500,000 people joining the workforce every year in Malaysia, there will be demand for housing. The question is how soon. As long as we can hold for 3-5 years, I think we should b ok. The reign of making big bucks upon VP going forward will b hard to come by. All d best! +1 I have very similar views. Moreover, this one is done by a highly efficient contractor so for a developer to price even lower than them for a similar product is not that likely. |
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Mar 19 2013, 10:44 AM
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Senior Member
574 posts Joined: Apr 2011
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QUOTE(Princezz @ Mar 19 2013, 07:08 AM) I bought an unit in Hyve than RM200k after discount. Hyve, compared to mot if all recent launches in CBJ, is the cheapest. There is risk of over supplying of condos in CBJ but at this price, the risk of losing money is small. In fact with the rising cost of land, building materials and labour cost with the implementation of minimum wage, pricing at the current level, most of the developers are making not more than 20% iin profit especially those who only bought land recently. Anyway, I am not too worried about my unit. With more than 500,000 people joining the workforce every year in Malaysia, there will be demand for housing. The question is how soon. As long as we can hold for 3-5 years, I think we should b ok. The reign of making big bucks upon VP going forward will b hard to come by. All d best! At that price, you probably will get positive cashflow if rental is anything above RM900. |
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Mar 19 2013, 07:20 PM
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VIP
4,896 posts Joined: Jan 2003 From: Kg Sg Penchala, KL  
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Received a call from dev's lawyer earlier today, signing S&P plus balance payment from the 3% will be this Saturday at their showroom.
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Mar 19 2013, 08:45 PM
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Junior Member
91 posts Joined: Nov 2009
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QUOTE(arj @ Mar 19 2013, 07:20 PM) Received a call from dev's lawyer earlier today, signing S&P plus balance payment from the 3% will be this Saturday at their showroom. I think it's a direct 10% credit. You don't have to dish out the 3%. Check with your SA. |
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Mar 19 2013, 08:49 PM
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VIP
4,896 posts Joined: Jan 2003 From: Kg Sg Penchala, KL
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QUOTE(satay1 @ Mar 19 2013, 08:45 PM) I think it's a direct 10% credit. You don't have to dish out the 3%. Check with your SA. There's a 10% rebate but have to pay 5k boking fees, later during signing have to pay (3%-5k). In 6 months time they'll give back all the money I paid, i.e. the 3%. Not sure about others but this is the deal that I got. |
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Mar 19 2013, 08:59 PM
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Junior Member
91 posts Joined: Nov 2009
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QUOTE(arj @ Mar 19 2013, 08:49 PM) There's a 10% rebate but have to pay 5k boking fees, later during signing have to pay (3%-5k). In 6 months time they'll give back all the money I paid, i.e. the 3%. Not sure about others but this is the deal that I got. Oh. Ok. Maybe you got the 90% loan for your case. For those 70 to 80 I think it's a direct 10% rebate. |
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Mar 19 2013, 09:51 PM
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Senior Member
2,294 posts Joined: Sep 2009
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QUOTE(satay1 @ Mar 19 2013, 08:59 PM) Oh. Ok. Maybe you got the 90% loan for your case. For those 70 to 80 I think it's a direct 10% rebate. Double standard? |
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Mar 19 2013, 09:59 PM
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Junior Member
91 posts Joined: Nov 2009
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QUOTE(rachel_xxx @ Mar 19 2013, 09:51 PM) Double standard? I think it is to offset the 5k booking fees for the next progressive payment for those who took the 70 or 80 loan. |
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Mar 21 2013, 12:20 AM
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Senior Member
3,904 posts Joined: Jul 2007
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any news on phase 2?
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Mar 21 2013, 12:22 AM
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Senior Member
792 posts Joined: Jun 2011
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This Sat SPA signing 9.30 to 3.30.
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Mar 21 2013, 10:40 AM
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Senior Member
4,526 posts Joined: Mar 2006
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where?
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Mar 21 2013, 01:30 PM
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Senior Member
792 posts Joined: Jun 2011
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At sales gallery.
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Mar 21 2013, 01:34 PM
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Senior Member
574 posts Joined: Apr 2011
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QUOTE(lamode @ Mar 21 2013, 12:20 AM) any news on phase 2? Can't wait to see price increase, eh?  |
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Mar 21 2013, 04:10 PM
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Senior Member
1,016 posts Joined: Apr 2006
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QUOTE(Malaysian_driver @ Mar 21 2013, 01:34 PM) Can't wait to see price increase, eh? Yeah doesn't sound like he is planning to buy phase 2..lol |
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Mar 21 2013, 04:10 PM
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Senior Member
1,016 posts Joined: Apr 2006
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Anyway I ended up buying also. Haha
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Mar 21 2013, 06:25 PM
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Senior Member
574 posts Joined: Apr 2011
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QUOTE(Lcsx @ Mar 21 2013, 04:10 PM) Anyway I ended up buying also. Haha Ha ha... Congrats! |
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Mar 21 2013, 06:37 PM
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Senior Member
3,904 posts Joined: Jul 2007
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QUOTE(Malaysian_driver @ Mar 21 2013, 01:34 PM) Can't wait to see price increase, eh? hello soul mate  |
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Mar 21 2013, 09:25 PM
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Senior Member
836 posts Joined: Jun 2005
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QUOTE(Malaysian_driver @ Mar 21 2013, 01:34 PM) Can't wait to see price increase, eh? heard increase ard 30 to 50k sia for phase 2 |
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