again that UFO is speculate remarks

does putajaya holding need to clarify to public when selling so expensive without gate?

the fundamental is

1) new
2) so near to almost mature areas puchong, subang, kota keminung.
3) landed is short of supply
4) 600k landed is like accepatbale price tage already.

This post has been edited by balakong: Feb 25 2013, 11:55 AM

can you share a bit about other reasons for not going in besides price?

since it's a group, chances it's not the first time buying, will be good to hear a bit more on the group's assessment. tq.

wow...really a lot of interest in BR .... guest some of those must be waiting for years since the canal city or so.

If everyone already expected IJM to be very successful in this township in years to come, then better dont go it. The reason is simple, some of these expectation already been factored into the price and in other words, less risk less gain.

Before Setia Alam or SEP, SP Setia is not that famous per say, and the same goes to Samling group ..... sometimes, you may get more surprises ..... for now, i dont enter sime as they already factored in too much premium compared to in the past.

At the end of the day, still back to the basic, more risk more gain .

Something new to me...
I try to figure it out

Township A - 1st launch - Price X - fully sold
Township B - 1st launch - Price Y - 30% sold

Based on yr logic thinking, township B is better bet?
So can you enlighten us whether Icon City is good or not, slow sale and most of us say overpriced? Indeed those project which has slow sale are due to these reasons :- Developer not reputable, overprice, bad location, bad design etc

This post has been edited by UFO-ET: Feb 25 2013, 04:57 PM

this is an interesting thought, tend to agree than disagree...

rewind to when these 2 places just started, i doubt the assessment is clear in anyone's mind. at that time, the chance of them coming out mediocre is there, just like we see many medicore ones today launched at about the same time. take bandar bukit raja vs setia alam and any dev in kepong/manjalara vs dpc, you know what i mean.

and herein lies the perennial challenge - how do you gauge the chance of great results vs mediocre results vs poor results of any dev at a early stage? big developer? location? schools+shops? facade? eco theme? price? stock market? politics?!!

perhaps there have been 3 main drivers in the 2008-2010 prop kaboom: 1. total mkt forces, 2. location/infra delivery and 3. developer ability to add value with commercial-schools-leisure. but that can't mean any major dev successful in one place can repeat elsewhere. but, chances are, certain things will come out right. on the other hand, if nothing great is seen in a dev after >5 yrs, one will have to rely on total mkt to push it up since 1 or the other factors were not fruitful and, some will say, "doomed right from the start".

i dun think there is a fixed formula for any investor to use but.... like some taikors already mentioned - best might be to just sit back for 1st or even 2nd launch and see what has or hasn't happend by then. this is probably a good approach, albeit conservative, not suitable for the kamikaze bbb fellas.

I dunno if i shud buy. Im bumi. Leasehold susah jual.

Stay away

I will buy for own stay

Laman better location

laman bought ady... if bumi investors dun buy dun think bumi can fill the 50% quota.

Lol.. tats a very gud reason to buy!

lol not really. actually, i really like green concept township. concrete jungles can be an eyesore without trees.

people should be made compulsory to plant trees

http://www.starproperty.my/index.php/prope...n-for-balloting


The first phase of IJM Land Bhd’s township project Bandar Rimbayu, located between Kota Kemuning and Bandar Saujana Putra, is now open for balloting.

Called Chimes, the first phase comprises 526 units of double-storey terrace homes sited on over 56 acres of land. There are two types of layouts available: 22’ x 75’ and 24’ x 75’.

The 22’ x 75’ units come with a built-up area of 2,179 sq ft and are priced from RM577,800. The 24’ x 75’ units boast a spacious built-up of 2,322 sq ft with prices starting from RM639,800.

The balloting of Phase 1 will be held at Holiday Villa Subang Jaya on March 2. Registration is at 8am.

According to IJM Land Bhd sales and marketing manager Susan Teh, they received encouraging response through an electronic data mailer (EDM) with approximately 3,000 people interested for the balloting of Phase 1.

When asked about the rebates available, Teh replied, “Interested purchasers will receive a UNIFI VIP 10 package for 12 months, legal fees on Sales & Purchase agreement to be borne by developer and if the customer signs the S & P within 14 days, they will be offered a rebate of RM8,000.”

“Our target is to sell all the non-bumi lots and to achieve 70% sales out of the 526 units this year,” added Teh.

Spread over 1,879 acres, this parcel of land features several ponds and water bodies, so much so that the township was once proposed to be called “Canal City”. The RM11bil mixed-township focuses on sustainable lifestyles and is divided into four precincts:
•Flora, a mixed residential area
•Fauna, a mixed residential area with amenities including shops and a school
•Bayu, a 280-acre high-end waterfront residential development by the lakeside
•A commercial hub, which includes a canal, town square and service apartments
The entire township is targeted for completion within 15 years.

The correct prices for 22X75 is RM580K and 24X 75 is RM640K.

The much higher price that we see in the brochure is for the purpose of submission to the authority. The developer is allowed to sell lower than the prices submitted to the authority.

Please call the IJM Rimbayu office if in doubt.

Oic. Noted. Thanks bro for ur info.

Non Bumi min price 572K (nett nett)
End lot and corner 3ft wider

I am not sure what you guys think but 580k for super far location and leasehold is dam exp.....

"According to IJM Land Bhd sales and marketing manager Susan Teh, they received encouraging response through an electronic data mailer (EDM) with approximately 3,000 people interested for the balloting of Phase 1."......We shouldn't register........this is the reasons why the jack up the price! hahahaa

"far" is a relative term, depends on who's traveling to and from where.
leasehold... yes, not so good.
of course developer monitors all pre-launch comments incl lyn.
but u r probably right that given mostly enthusiastic comments, dev pushed price higher rather than lower compared to plan.
well, they don't need 3000, just 500 buyers will do!

this rimbayu...i estimate it'll be >90% investors. even as 1st movers, the risk is significant, imo.

Best practice for all of us starting from now! Don't gave good comments for new lunch project .... ........

is like we are the key reasons that make the price jack up!

This post has been edited by cwyan: Feb 27 2013, 01:50 PM