my sources told me. --->many developer asked my ex co-worker for the building materials tendering....

alot of small quatation from pr1ma contractor's as well.

that's why i am collecting newspaper to do my own research areas that will be direct hit - on that demand and supply again.

alot foumner saying pr1ma is located in sepang, seremban sibeh far place. Now we know some pr1ma is located at setapak, subang, cheras, putarjaya.

This post has been edited by tikaram: Apr 2 2013, 04:38 PM

this is so boleh...

other than the bumi allocs cum discount, isn't it the case that the other condiitons imposed weren't there before but been there for some years and now developers cry, want to pass these costs back to gomen?

no chance la... bankrupt gomen after so much cows, condos, jets and subs has no more money to pay for all that, has been passing on all kinds of costs to anyone who can pass it back to consumers. wait till they remove more subsidies and impost gst. see if u still have enuf money to buy props or not.

This post has been edited by AVFAN: Apr 2 2013, 04:45 PM

subang? Hmm...I don't know that Subang Jaya have anymore land to make build one of those mega-prima condos?

Good point...but then again this is Marehsia....

Enforcement will be non existent one....

Sungai ara is not really a prime area but the hse prices juz increased like there's no tomorrow... I realize there's a lot of empty hse, especially near batu maung and also balik pulau... It looks like it's a panic buy and currently Png folks juz can't seems to afford it anymore, the salary back in Png is much lower than in what we earn in KL/Selangor so soon or later it's gone drop but it won't be tat much since island land is limited, nt so sure if the price is sustainable anymore.. But the condo's back in Png is becoming even worse, some looks like those condo's back in MK.. Empty... The worst part, rental yield is so dam bad..

i have noticed this. subang jaya was told by my sources. very near lrt.

Extract from Bernama (22/3/2013)

PETALING JAYA: 1Malaysia People’s Housing Programme (PR1MA) is currently discussing with Syarikat Prasarana Negara Bhd (Prasarana) the possibility of developing properties which would be integrated with Mass Rapid Transit (MRT) stations.

Chief Executive Officer Datuk Abdul Mutalib Alias said PR1MA was looking at various possibilities including building houses above MRT stations.

Speaking at a press conference today, Abdul Mutalib said there were three locations being considered namely Putra Height, Jelatek and Glenmarie.

He said PR1MA had embarked on a similar project at the KTMB station in Seremban.

The PR1MA Seremban Sentral would be built within the KTMB Seremban station where residents would have access to rail, light rail transit (LRT) and bus services.

“We will build a new station there and preserve the old station because it’s part of our heritage,” he said, adding that the furthest housing unit from the station would be about 500 metres.

Meanwhile, Abdul Mutalib said 80,000 new houses would be built under the PR1MA programme this year.

Out of this, 50,000 units would be developed by PR1MA while 30,000 units would be built under a privatisation exercise.

At present, 116,000 units have been launched in various locations in Penang, Perlis, Selangor, Kuala Lumpur, Putrajaya, Melaka, Negeri Sembilan and Johor.

Except for Perlis, sites and developers for all other locations have been identified.

PR1MA Kuantan will be launched tomorrow by Prime Minister Datuk Seri Najib Razak tomorrow other states would follow soon, he said.

This post has been edited by tikaram: Apr 2 2013, 05:02 PM

Putra Heights, subang still got some empty land..

boss time round is different.

no more building flat 25k or 45 k but rather reasonable unit apartment cost 250k to 350k.

i think for mass products. 300k apartment can get some profit which mean sustainable.

if the land cost is free. maybe 200k developer also can make $$

I repeat key word is they are not building 80k or 50k. 250k to 350k rumah for earning 8K

This post has been edited by tikaram: Apr 2 2013, 05:10 PM

I agree with it.

Land is free? Where to get?

bro tic tac, not a matter of mass production or not to be sustainable la. For 300k, for sure anytime can make it with higher density and lower specs. pay peanut get monkey dey. no tiling with cement render, can make it or not? i repeat pay peanut get monkey.

If they build it not for humans to live.....what do you think is gonna happen to BN in the GE?

u mean human cant stay if only basic cement render without tile? or each room with only 1 instead of 2 point for lighting? thats y ppl like dern keep complaining not affordable. want good location with cheap price. if location is good with affordable price, next is to complain the specs. i repeat again deh, pay peanut get monkey.

In the first place, BN is only gonna start after GE....dunno whether they would follow through after that....

follow thru whn ge14. dun put much hope leh. u know they are hopeless. vote wisely.

they are brining private coming in . see this small chart.

My ex company got some invitation to bid for some pr1ma project already. Was told got 6 other competitor interested to bid for the material supply.

I can't speculate " human to live" remarks or not. But i am sure I ( from low and medium group) can live in an apartment that cost 200k goa.

This post has been edited by tikaram: Apr 3 2013, 08:21 AM


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Well, in that case, it is lucky that I focus in buying props to rent to transient population, aka students instead of families....

Good job boss. yes try to focus on the things / areas that u are familiar and do lots of risk/ home work before conclude it.

look like not many people like me to post my research on this Pr1ma.

I will keep all these newspaper cutting for my own information la.

Actually bro, there is a full listing out on the Pr1Ma projects and its location.

Some are in prime locations like Putrajaya, Ara Damansara, Cheras and Subang Jaya.
I think many who BuyBlindBlind will be soon holding overpriced properties.. "got price, no market" kind of scenario in next few years..

This post has been edited by cockee: Apr 3 2013, 10:42 AM