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Investment BANDAR RIMBAYU | CHIMES | PERRENIA | PERIWINKLE, RM11bil Landed DSL Township kickstart

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humms
post May 21 2013, 11:04 PM

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all left bumi quota units.. maybe have to wait another 6 months for release to non-bumi..

phase 2 will be launched in september.. they have not finalized the building plans and have not obtained kebenaran merancang for it.
jeghui
post May 22 2013, 12:02 AM

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Bila agak2 boleh siap? I went there balloting as well.
belfong
post May 22 2013, 11:59 AM

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jeghui - tak sabar mau pindah ke? smile.gif

How is Putraya occupancy like? And Cyberjaya? I strongly believe that the attraction of Rimbayu are people who worked there but doesn't like to love there. It may also attract people from Putra Heights and KK. But will people go in droves? It's hard to say, unless they are very successful in their green statement. Maybe people will go to get some greens and fresh air into their lungs. Any golf course planned?
jeghui
post May 22 2013, 12:26 PM

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Belfong, tak sabar nak rent out and takyah bayar interest during construction. Hihi

Btw, whose father in law came to the balloting the other day? He can speak utara very fluently. Rambut semua putih. Pakai spec.
belfong
post May 22 2013, 12:51 PM

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I doubt can get rental so fast! Unless you rent cheap.. then people may not take care of your property!
movanns
post May 22 2013, 03:04 PM

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Bumi lot for phase 1 still available? price sub 600k?
jeghui
post May 22 2013, 05:05 PM

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Dun be surprised.
Clueless07
post May 22 2013, 06:37 PM

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Most of the non-bumi unit purchase are insider.... So most probably they are flippers apart w a few for own stay.

Then again those balance 120 unit sold under ballot, some are again flippers.
Some are 2 property (like me) which really no hurry to more over as I am not paying rent.
Only the balance small number( wild guess of say 50...) would be the first property and keen to move over once complete.

Then again there quite some negative sentiment
- infra not fully complete
- no commercial as yet
- dusty environment due to near by construction of subsequent phases
- foreign workers

So- I really do no see it is a conducive working environment - perhaps until at least 4-5 more phased are completed and VP granted.

Well this is the risk of being pioneer,bad we get in cheaper ( than subsequent phases).

Lastly, it also depends on how is the sub-sale progress. Will It continue to prosper? Or would it really test the patience / holding power of the flippers.

Jeghui, u been following denai alam... They sort of suffer very very slow occupancy rate right? Is it because of the factors I mentioned above?

Do hope rimbayu"s maturity could be catalyst by KK, and perhaps Putra heights. ( not that putra heights is very busy- despite it been selling at premium price)

As for me, I am staying at sunway kayangan( near bukit jelutong). A place too quiet, lack of commercial activities. I am not too keen to move over to rimbayu anytime soon (even if it is bigger house) travel distant for my wife.
belfong
post May 22 2013, 07:56 PM

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Even Desa ParkCity phase 1 suffered a lot of dust and inconvenience for at least 4-5 years before the it picked up. I bet Rimbayu, having further distance will probably suffered longer. Does anyone know the rate of other township?
jeghui
post May 22 2013, 11:15 PM

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correct. denai alam coz lacking amenities, struggle to fetch rental.


Gary1981
post May 24 2013, 09:12 PM

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Thought p2 launch end this year. Any hints the price launch? How much earnest deposit require for balloting? Sorry 1st time interest in balloting.
belfong
post May 27 2013, 09:34 AM

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In the first phase, we have to bring RM10,000 bankers cheque to ballot.
Chris Chew
post May 27 2013, 10:00 AM

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QUOTE(belfong @ May 22 2013, 07:56 PM)
Even Desa ParkCity phase 1 suffered a lot of dust and inconvenience for at least 4-5 years before the it picked up. I bet Rimbayu, having further distance will probably suffered longer. Does anyone know the rate of other township?
*
I think most BR buyers adapt this into their buying decision and willing to hold further ( unsure whether they able to )

Its correct that even DPC or any new medium / big scale townships needs 4-5 years to pick up. But DPC is about 4-5 times smaller than BR hence it matured faster than a huge township and with the catalyst of surrounded projects. So, BR definitely needs time however with its infra and concept, I still believe this is great new township for years to come, esp Dijaya is going to develop the other part if the Canal City with premium homes.

humms
post May 27 2013, 10:06 AM

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i think need to hold for 5 years.. the immediate north of Chimes (Phase 2 and 3) will be launched end of this year and next year respectively and to wait for these 2 future phases to complete will need about 4 to 5 years..
belfong
post May 27 2013, 10:11 AM

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See, what I don't understand is what will make BR a better choice for people vs what's available out there? There are many projects going on; many houses unoccupied in Cahaya SPK (near Bkt Jelutong) or Putrajaya or Cyberjaya. I find that the rate we build houses are faster than the rate of people living in there. BR having such huge township - which bandar people do they plan to attract? Will people leave KK and Bkt Rimau or Putra Heights for BR? If not, where would these people come from? Unless they are sick of city life and would like to live in a green place.. then BR better deliver on the green promise!
Chris Chew
post May 27 2013, 10:23 AM

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QUOTE(belfong @ May 27 2013, 10:11 AM)
See, what I don't understand is what will make BR a better choice for people vs what's available out there? There are many projects going on; many houses unoccupied in Cahaya SPK (near Bkt Jelutong) or Putrajaya or Cyberjaya. I find that the rate we build houses are faster than the rate of people living in there. BR having such huge township - which bandar people do they plan to attract? Will people leave KK and Bkt Rimau or Putra Heights for BR? If not, where would these people come from? Unless they are sick of city life and would like to live in a green place.. then BR better deliver on the green promise!
*
It might be attracting ppl from much further down South like Banting, Hulu Langat or even Port Klang or Klang.

I dont rule out ppl from KK/KU/Bkt Rimau would move over to BR one day once the infra is ready n the catalyst of commercial n accessibility is up. In fact, KK now is almost fully developed and no more land for new DSTH as demanded by market.

Years ago, many of the Subang / USJ ppl tend to move further to KK/KU due to new township, cheaper, affordable pricing n more quiet. For most Chinese, most of these folks much prefer KK / KU locality rather than moving to Putra Heights.


Chris Chew
post May 27 2013, 10:28 AM

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QUOTE(humms @ May 27 2013, 10:06 AM)
i think need to hold for 5 years.. the immediate north of Chimes (Phase 2 and 3) will be launched end of this year and next year respectively and to wait for these 2 future phases to complete will need about 4 to 5 years..
*
I was told that Phase 1 would be able to rush off for completion much earlier and maybe they plan to VP earlier or only handover the key as per schedule since the accessibility is not ready yet.

I think it needs to hold minimum around 3-4 years after the completion of Phase 2-3 or maybe 4. The pioneer occupancy batches are very important to determine how many buying for own stay and what are the races going to dominate the occupancy here.

humms
post May 27 2013, 10:29 AM

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QUOTE(belfong @ May 27 2013, 10:11 AM)
See, what I don't understand is what will make BR a better choice for people vs what's available out there? There are many projects going on; many houses unoccupied in Cahaya SPK (near Bkt Jelutong) or Putrajaya or Cyberjaya. I find that the rate we build houses are faster than the rate of people living in there. BR having such huge township - which bandar people do they plan to attract? Will people leave KK and Bkt Rimau or Putra Heights for BR? If not, where would these people come from? Unless they are sick of city life and would like to live in a green place.. then BR better deliver on the green promise!
*
IJM have quite a good track record in reviving abandoned / struggling projects and townships. for example, Serenia Gardens in Hulu Kelang, Shah Alam 2 in Ijok, Laman Granview in Puchong, Seremban 2 in Seremban.

BR is a brand new township created and drawn out from sketch by them, i believe it will work based on their track record. as per the earlier post, there will be upgraders from Banting, Port Klang, Puchong and further south towards KLIA area. in actual fact, a lot of Kota Kemuning and Kemuning Utama owners TRIED to purchase units in Chimes.. some of them saying it's for their children etc etc..
belfong
post May 27 2013, 10:45 AM

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That remains to be seen. Upgraders from Banting and Port Klang may not want to pay such a high prices; but yeah, I agree on your view of KK people buying for their children. That is a potential group that I have not thought of. I think as long as there is continue investment in jobs in Cyber and Putra, BR stands a chance of attracting professionals class. And if IJM is able to develop a very good commercial zone attracting more companies to open their business there, BR would also stand a chance. Looks like something 5-10 years down the line. Interestingly, based on humms photos, IJM have not asked for progressive payment.
belfong
post May 28 2013, 08:26 PM

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Just received letter from IJM to pay next 25%... Jeng jeng jeng!

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