QUOTE(Chris Chew @ Aug 7 2013, 02:25 AM)
IMO, it needs to get at least 40% matured and developed before it can be deem as successful.
The infra today is diff compare to previous years and should be much advance and modern. With IJM fully develop BR and with catalyst of KK and upcoming Dijaya's higher ends, I think BR can be a great township of its own but it really takes time as the borders, half of it was KK ( the only success and matured ) and BSP ( not really for now ) and another half is Jenjarom / forest / others area ( not convincing )
8-10 years would be a great estimated timing of long term but if it is do-able with 3 years upon VP of Phase 1, I think it would be deemed as highly very very successful and much rely on the supply of KK. 5-6 years after VP just nice.
Agree
In the master plan, there are 2 proposed highways link to BR, extended LKSA and WCE, IMO, the price of this BR will be slow / stagnant if these 2 highways are not ready, at least 10 yrs for this township to become CBD by it's own, a few things worrying me...
1. The commencement of the new highways
2. Selling 20% higher than my calculation (based on distance advantage), if fully G+G, then price is find
3. Dijaya is in a very good position to attack IJM, in terms of concept, location, pricing & design, Dijaya has a clearer and easier task to achieve that mission.
4. Too many units launched, it will create massive "For Sale" during the VP time. Occupancy rate will affect the selling price (Chris Chew gor did touched the same concern). My guess during the 1st launching, at least 50% are investors (buy and sell), 1st phase alone has 500 units, that is clearly oversupply to me. At the beginning, I hv encouraged many investors to buy BR with maximum price of 480K (1st launch), when realized that IJM priced it for 620K, all stop buying.
5. I wonder how many BR purchasers ever been at the site to "feel" the distance, even Cyberjaya with well connection to major highways, the occupancy is still low, Garden Residence is like a dead town now, Kinrara Residence has a superb location and concept also facing low occupancy rate (25% after VP 1 year), total only 450K unit, about 70 units are for sale, the rest are own stay, the price also affected, drop bout 7% so far.
6. Dijaya development has the same land size, if I am an investor, I would rather wait till Dijaya launch, if it is too expensive, then AI superlink would be great option.
I still wish IJM successfully bring up BR (It is a matter of time for sure), for BR to become Setia Alam now, my guess, 12 - 13 yrs. Good luck!

p/s : I am not criticizing IJM Bdr Rimbayu design and concept, it will be a great township some how, my concern is the time is still early for investor to enter. If price is 20%-30%, I will definitely buy and hold for years.
This post has been edited by UFO-ET: Aug 7 2013, 11:25 AM