Confirm around 3000 people attended last Saturday:
http://www.theedgemalaysia.com/business-ne...ayu-launch.html

Is this the norm for future developments? If it is so, it will surely affect the appreciation of the property price in those gazetted area within the district.

No, some are using 3 tickets under own name, bro/sis name or fren's name as proxy ( if selected ) to enhance the chances of being ballot. Hold 3-5 tickets alone, doesn't means he/she wanted to buy 5 .. hehehehe.

Moreover, some people did not attend so ask them to becomes their proxy ( to ballot on behalf of them ) as well ...

Thanks i will correct this

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50:50 is considered ok as other townships in shah alam requires 70:30

One more week to sign SPA. Dilemma!

Why dilemma? Worry of buying it?

When will the second phase start?

Tentatively July 2013


This post has been edited by Chris Chew: Mar 6 2013, 09:46 AM

Yeah, not sure if it is a good investment. It's not cheap, leasehold, pending general election, etc
The sentiment is not so positive, is it?

A few conclusions I can make from this launching :-

1. Landed property is still in hot demand
2. Leasehold is not a big concern anymore.
3. LYN / WTF etc forums discussion has 0.001% effect on property market, I hv seen roughly >70% of forummers say the following launchings are overpriciced, i.e Temasya Glenmarie, Kinrara Residence, Setia Eco Glades, Setia Eco Hills bungalow lots, Rimbayu 1st launch, but all receive overwhelming response.
4. Landed house price <700K has great demand, affordability is the key issue
5. Township development is the future.
6. In general, modern facade and green township will be the trend, Alam Impian which is better in location, freehold and cheaper is losing all out to Bdr Rimbayu.
7. IJM is considered very successful in marketing this launching, as I dun see great selling points. price is 20%-30% more expensive than the vicinity Tamans, no gated and guarded, very remote and interested buyer is unable to reach the site at all, current mkt sentiment is weak and slow down significantly, although I am not very happy with this balloting process but I must say IJM has been very sensitive to the mkt needs and able to tackle the right mkt group.
8. Branding is more important than location.

This post has been edited by UFO-ET: Mar 6 2013, 05:40 PM

1. agree
2. speculators don't care, genuine homebuyers do
3. agree, lyn and all forums have little effect, only to the extent developer staff do read and discuss at low level meetings
4. it was 600k <1yr ago, now 700k? i doubt it...
5. agree, but "township" means different things to diff people, some want int't schools and malls, some contented with worship houses
6. alam impian is just another taman of houses, has been like that and will be like that for a long time. but ai now is for genuine buyers to live there while rimabyu is 99% for speculators, see the difference?
7, 8. rimbayu so far is perceived to be selling hottie, it worked! <120 units for the common fellas, can't speak that soon. insider bookings, bumi quota, discounts... not so difficult for any major to sell out using such tactics!

I only disagree on branding > location as I think location is still key to any property investment. But I know what you are saying - it's just puzzling why people behaves that way.. ha ha..

4 out of 5 people I asked have not heard of Bandar Rimbayu.
Scary actually!

This post has been edited by belfong: Mar 6 2013, 06:24 PM

Non gng...600k is expensive to me. To sell 800k in future? Non gng n bumi quota 50pc area. I doubt.

This post has been edited by propertybbb: Mar 6 2013, 07:05 PM

Whether it is a good or bad buy remains to be seen in 2 years time. Who knows, people that are not successful in the ballot maybe a blessing in disguise for themselves.

I think the message here is so so location with good branding developer still sell. Good reference like setia alam ...

I though the bumi quota - they will release to non bumi if it is not taken up upon 25% completion. That's not a problem then.

For investment purpose, I choose branding, for own stay, location will come 1st, branding later.
Based on the response in Chimes, Setia Eco Hills 1st link hse will hv at least 5,000 people turn up for balloting.

Just wondering.

Why not saujana putra? Price was cheaper.