Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed
4 Pages < 1 2 3 4 >Bottom

Outline · [ Standard ] · Linear+

Investment LAKEFRONT CYBERJAYA | PR1MA LAKEFRONT [OT], Villa | Acorus Brasenia Caldesia Diandra

views
     
cedm
post Jan 4 2017, 09:08 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(kennylee @ Jan 3 2017, 09:57 PM)
hi all, can i check what's the differences between offer from mct itself against pr1ma? I did check pr1ma website and seem like only Type A1 and A2 available (no 4 room Type F), and smaller scale to around 850sqft.

Look through pr1ma website and couldn't find indication of tower 1,2 or 3/4 as well, didn't know the tower allocation facing front. How's price comparison from developer (after rebate non-bumi) vs pr1ma (non-bumi)?

Thanks~
*
Pr1ma Lakefront and Lakefront Residence are two completely separate projects. MCT is no longer involved in the building of the affordable condo project. It's all built under Pr1ma now.

I think you already figured out what the pr1ma offering is. Lakefront Residence (MCT) sits on the other site of the lake, next to Lakefront Villa (bungalows by MCT) and opposite Setia Eco Gales. It's higher end than pr1ma, units are bigger, completely different floor plan, some units have 3 bedrooms, some have 3 bedrooms + 1 attached studio (type F), and ranges from 950sqft to ~1500sqft if I remember correctly. Amenities are better as well: gym, club house, roof top pool and garden, etc.

Price-wise, early last year I was quoted RM593k for type C, RM460k for type D, RM599k for type F. All after rebates. More for higher floors or facing the lake. Those prices are probably not accurate anymore.

See their website: http://lakefront.my/
cedm
post Jan 6 2017, 08:57 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(kennylee @ Jan 5 2017, 11:20 PM)
anyone knows if pr1ma do have show unit available?
*
I know next to nothing about Pr1ma, but hasn't the ballot already taken place and all units allocated? Not sure if you can still apply...
cedm
post Jan 8 2017, 09:43 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(small_boat @ Jan 8 2017, 01:13 AM)
lakefront MCT or Pr1ma? wait, 2021? wtf
*
Lakefront Residence (MCT) phase 1 (tower 1 & 2): 2018, phase 2 (tower 3 & 4): 2020.
cedm
post Jan 8 2017, 10:05 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
Progress update:

Lakefront Residence Phase 2 (T3 & 4) has reached stage 2a (the work below ground level of the said Building comprising the said Parcel including foundation of the said Building).
cedm
post Jan 8 2017, 02:42 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(max_cavalera @ Jan 8 2017, 10:43 AM)
Seems like not much progress at the site
*
Completion dates are still far in the future, no point hurry up. So far the construction time line is spot on with the estimates I was given a year ago.
cedm
post Jan 8 2017, 02:51 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(small_boat @ Jan 8 2017, 12:39 PM)
phase 1 so late? will pr1ma complete before lakefront mct?
*
Pr1ma will most likely be completed before all 8 towers of Lakefront Residence are delivered. So far only 4 of the Residence towers are being built, with the remained 4 still to be announced.

I'm actually surprised by the 2021 date mentioned here for Pr1ma completion, as the site progress is pretty well advanced. I think they only started building it a year ago and they are like 10-15 story high already on some of the towers.
cedm
post Jan 22 2017, 12:36 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(Babizz @ Jan 22 2017, 11:20 AM)
surely pr2ma much better deal. Said many times before tht this lakefronts will FAIL FAIL FAIL.
That's just your personal opinion, and I certainly disagree with it. As for Pr1ma vs Residence, save for the location, it's apples vs oranges. Each cater for different needs and wants. The unit sizes alone makes a big difference, and so does the level of amenities.
cedm
post Jan 23 2017, 08:46 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(small_boat @ Jan 22 2017, 11:50 PM)
lakefront 1.3k sqf anyone owner here? 600k plus, hell expensive, worth it?
*
I have 1292 sqft type F unit on Tower 4. I considered 13xx sqft type C unit on Tower 2 as well. Both roughly the same price IIRC, and both worth it to me.
cedm
post Jan 23 2017, 10:18 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(small_boat @ Jan 23 2017, 09:25 AM)
Why you need that many of rooms? The layout of 1300 is much better in my opinion. Why worth it, can you clarify?
*
Well, that's a very subjective choice. I ended up going for the Type F unit because of its flexibility: it's a 3 bedrooms, 2 bathrooms with an attached studio. It gives me options in the event I wish/need to rent the unit. My initial thought when I booked the unit was to use it as a retirement investment (rent than sell it after 15-20yrs), but the more I thought about it and Cyberjaya the more I realized the place is much better than where I currently live, so it'll become my home instead. The layout still works for me. Rooms are on the smaller side, but I like having a spare bedroom for guests and an office room to do my work in peace. I'll be using the studio as my master bedroom.

As for being worth it, well, either units were within my budget and expectations. I like the location, the concept, the amenities. It works for me.
cedm
post Jan 24 2017, 04:21 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(small_boat @ Jan 24 2017, 03:51 PM)
Very far from city, no MRT.
*
If you want location and convenience, you'll have to open up your wallet. Cyberjaya isn't specially cheap. What are you looking for exactly?
cedm
post Jan 24 2017, 09:53 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(small_boat @ Jan 24 2017, 08:33 PM)
Why is it expensive?
*
I don't mind helping out if you have genuine questions, but don't pull my leg.
cedm
post Feb 3 2017, 09:49 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(pr1ma_owner @ Feb 3 2017, 09:00 AM)
Hi! I was made known that a lot of PR1MA properties can't be sold. So is there any possibility for MCT to give extra rebates please?
*
What do you mean by "can't be sold"? Ballot winners not eligible/not interested? I was under the impression that the demand far exceeded the offer, unless people simply applied with no real intention to buy...

QUOTE
According to Perbadanan PR1MA Malaysia chief executive officer Datuk Abdul Mutalib Alias, there were 8,736 applicants for the Cyberjaya project alone. http://www.thestar.com.my/metro/community/2016/12/05/rumawip-to-be-built-in-putrajaya-soon/
cedm
post Feb 3 2017, 09:50 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(nexona88 @ Feb 2 2017, 12:13 PM)
Mind asking how the progress of the sjkc?
*
Bunch of photos taken ~10 days ago: http://lakefront.my/sjk-c-union/
cedm
post Feb 3 2017, 11:19 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(pr1ma_owner @ Feb 3 2017, 10:47 AM)
I mean, many loan applications have been declined by the banks and developers can't find buyers for the units in the end. I give you one example, PR1MA Alam Damai. Many many rounds of balloting and now open for anybody who meets the criteria to buy. But still many unsold units there.

Government realises this and has reduced the moratorium by 50% to 5 years only and increased the income eligibility by 50% to RM 15k.

However, if developers still can't sell off the units, I hope they can start reducing the prices gradually to ensure that all units can be sold off immediately. I do not want PR1MA projects to be held by developers even after full completion later.

Think about it, Cyberjaya lakefront has about 2,000 units. Do you seriously think that MCT can sell all PR1MA units? I do not think so in the current bad and soft market where banks are very very strict to give financing especially to the middle income earners.
*
I see. I'm a bit surprised, I thought Pr1ma vetted all applications to make sure it matches eligibility criteria. Apparently, they didn't really look into the applicants ability to get a loan. As for Pr1ma Lakefront, that link I gave mentioned that more than 8700 applications were made for the ~1900 available units. With that kind of number, even with 75% loan rejection rate, there'd still be enough applicants to fill the vacancies.

By the way, I don't really understand how Pr1ma applicants can fail to get such small loans. The units only costs RM270k if I'm not mistaken, so ~RM320/sqft. That's peanuts for a household income of RM10k/month. Now, eligibility has even been extended to household incomes up to RM15k/month. My household income is below that, yet I can easily afford Lakefront Residence and settle the loan in just a few years.
cedm
post Feb 3 2017, 09:43 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(martian13A @ Feb 3 2017, 09:27 PM)
Malaysia household debt is among the highest in asia... meaning malaysian families take too many loans like car loans, persona loans, credit card debt etc... talking to financial planner friends, many malaysians have high income (5 figures and above) but still cannot buy a house
*
Not even surprised. Astro and the latest smart phone also seem a higher priority to many...
cedm
post Feb 6 2017, 12:47 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(pr1ma_owner @ Feb 6 2017, 12:30 PM)
If someone has already secured 100% financing worth RM 270k to buy PR1MA @ Cyberjaya Lakefront, can he / she still withdraw money from EPF account and just keep the money?
*
You can withdraw from your EPF account, and that sum will go towards repaying (part of) your loan principal. You can't cash it in.
cedm
post Mar 15 2017, 02:26 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(brothercheong @ Mar 14 2017, 10:13 PM)
guys,i use the https://zoom.earth/ it show the old old satellite photo, and if u zoom into the location, seems the whole area was oil palm plantation and there was no lake! ...seems it is a man made lake, was it made a lake because of mining? anyone know?
*
No mining, just rubber/plam oil plantation.
cedm
post Mar 21 2017, 10:15 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(jorgsacul @ Mar 21 2017, 08:46 AM)
Beware of their sub par quality. If you see MCT office at Subang then you will know
*
Been there, saw nothing wrong. Not the first time you make that kind of statement, yet you never back your claims... Talk is cheap indeed.
cedm
post Mar 21 2017, 10:27 AM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(Soros007 @ Mar 20 2017, 02:40 PM)
MCT lakefront Project thread seem  to be very active lately.
May I know who is considering own stay here or just purely buy and rent out only?
*
Most of the thread activity lately is about PR1MA, so should all be for own stay (though I won't be surprised some will want to game the system...)
On a private FB group about Lakefront residence, it's a 2 to 1 ratio in favor of own stay.
cedm
post Mar 21 2017, 08:29 PM

Getting Started
**
Junior Member
230 posts

Joined: May 2012
QUOTE(jorgsacul @ Mar 21 2017, 04:40 PM)
I doubt you been kawan. It's bad. You can try to see this and not from me only

https://forum.lowyat.net/topic/3142824/all
*
That's one single comment, and it's just an opinion without any evidence. If that's all you got, I'll draw my own conclusions (on both the topic and yourself).
« Next Oldest · Property Talk · Next Newest »
 

4 Pages < 1 2 3 4 >Top
Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0218sec    0.24    7 queries    GZIP Disabled
Time is now: 30th November 2025 - 02:07 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.