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

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cedm
post Mar 30 2017, 10:36 AM

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I think some clarification are needed.

First, the 1932 units of PR1MA Lakefront is the entire project. There's no phase 2.
What you may think as phase 2 is actually Lakefront Residence, and it's a separate project (by the same developer), located on the other side of the lake (much more expensive for virtually the same location by the way - I bought it).

As for PR1MA Lakefront being more expensive than the other PR1MA project in Cyberjaya, yes, that's true but we're only talking about a 2% difference. Pocket change really (i.e. inflation year on year is double that already).

Location-wise, both PR1MA projects are on the outskirt of Cyberjaya, not that Cyberjaya is very big anyway. After that, it's personal preference which is better.

At the end of the day, no one force you by buy either. It's up to you. If price is your main concern, I'd suggest you look outside of Cyberjaya too. Cyberjaya ain't cheap.

This post has been edited by cedm: Mar 30 2017, 10:37 AM
cedm
post Mar 30 2017, 10:57 AM

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QUOTE(mamushka @ Mar 30 2017, 10:41 AM)
There is actually phase 2 for Lakefront Homes (affordable housing). Another 3 22floor blocks for open market..1000+sqf at 400k plus.They have another pool for this phase 2.. (from MCT sales person)
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Do you have more details about this? I've never seen it in any map / brochures about the Lakefront projects.
From what I know, PR1MA consists of 7 towers. Where would these Homes be located? I don't see any space left for them.
cedm
post Mar 30 2017, 11:00 AM

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QUOTE(pr1ma_owner @ Mar 30 2017, 10:54 AM)
Thank you for your kind offer of opinion.

Think about this, what makes Lakefront Cyberjaya more expensive than Cyberjaya 2?

In terms of developer, Gadang (developer for Cyberjaya 2) is more known as a developer of high quality.

In terms of density, Cyberjaya 2 wins very big with much much lower density.

In terms of location, it's fair to say that Cyberjaya 2 is in a better location compared to Cyberjaya Lakefront.

In terms of facility, only thing is no swimming pool? But it also means that maintenance fees and sinking fund will not be too expansive to maintain the swimming pool.

But in the end, SUDDENLY Lakefront Cyberjaya is more expansive.

Can't PR1MA do something to ensure fair pricing across the projects offered by them?

Can't MCT offer 10 to 15% extra discounts about RM 40k to compensate the future residents from over population? This will reduce the selling price to RM 240k which is more reflective of the value
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Buy the other PR1MA project if you think it's a better deal then. Why so worked up?
cedm
post Mar 30 2017, 11:46 AM

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QUOTE(mamushka @ Mar 30 2017, 11:02 AM)
From what i was told PR1MA only 4 towers (Block A, B,C and D) Block E,F,G (Phase 2). Went to one city there have those boards there.. The open market sale for phase 2 is yet to be announced by MCT. Problem is Selangorku too have a Lakefront Homes in their website..might be block C
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I see, so it's still 7 blocks in total, just split in different phases and schemes. Makes sense.

I'm still confused about the total number of units though. Aren't PR1MA blocks 22-ish floors? 1932 units split in 4 blocks would be 483 units per block, and roughly 22 units per floor? Doesn't sound right.

If 1932 units is for the entire projects (7 blocks), we get 276 units per block, or 12 units per floor.

Do you know how many units are there per floor?
cedm
post Mar 30 2017, 11:54 AM

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QUOTE(pr1ma_owner @ Mar 30 2017, 11:48 AM)
The almost 2,000 units are only for Phase 1 only.

Phase 2 there'll be more and more units.

Thus the crowding out factor will kick in HARD!!!  bangwall.gif
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Don't buy it then. I'm serious. You spent the entire morning bitching about PR1MA Lakefront. Now, if your intention is to talk bad about the project just to get some discount, good luck, but no need to spam the thread. Save your time and energy and go negotiate with the developer directly.
cedm
post Mar 30 2017, 11:55 AM

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QUOTE(mamushka @ Mar 30 2017, 11:52 AM)
24 units per floor for block A to D.
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Thanks. That's a lot indeed.
cedm
post Mar 31 2017, 11:04 AM

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QUOTE(pr1ma_owner @ Mar 31 2017, 08:24 AM)
[...]
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Just to sum things up, what do you actually want in the end? You're not happy with the high density, I get that. But it's really just a take it or leave it situation. If you're worried about other potential buyers, I don't think that anyone willing to spend RM 280k is going to sign a SPA without reading it nor ask the sales agents any question. Nobody's being forced nor tricked into buying this project. Or did you just signed the SPA and now regret it?
cedm
post Mar 31 2017, 03:52 PM

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QUOTE((0_0) @ Mar 31 2017, 03:03 PM)
When and how much u bought? Which tower? WHy are u willing to pay such a high price ? non pr1ma price is about twice than lakefront pr1ma.
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I also bought Lakefront Residence, T4. Same price and unit type as frozenkid, just on a different block.

I bought it because I like the unit (dual key concept; a 3-bedroom with an attached studio). It has good, higher-end facilities: see-through elevators, roof garden & infinity pool on every block, and more common facilities shared with the other blocks. It's also not built on a multi-level car park podium (I hate that). Price-wise, it was within my budget and I consider it value for (my) money.

PR1MA has never been on my radar. I just don't have any interest in it, no matter how low they sell it. It's just a bare-bone condo with basic facilities only. And I just learnt they squeeze 24 units per floor. Yuck.
cedm
post Mar 31 2017, 04:59 PM

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I think you made your point clear. You can let it to rest now. Thank you.
cedm
post Apr 6 2017, 03:51 PM

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I'm really starting to questions your motives...

You seem to be solely interested in bad-mouthing the project and scaring people away. You make up facts (location, total number of units, overall population, etc.) and twist any news into some sort of conspiracy.

Since you made it clear you have no interest in this development, it's time for you to leave this thread alone. You already made your points, many many times over. If you have nothing else to contribute but denigrations, just go.

This thread is for people interested in the Lakefront projects (affordable housing, high end condo and luxury bungalows), it is not your personal punchbag.
cedm
post Apr 16 2017, 09:59 AM

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QUOTE(empire89 @ Apr 15 2017, 11:53 PM)
tower 4 lakefront sold out, how come? It's walking distance to pr1ma and it's about twice the price compared to lakefront pr1ma. Any lakefront non-pr1ma buyer here?
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Is that really surprising? You do realize there's more to a project than its location. I hate doing car analogies, but it's like wondering why people are buying a vios or city when a bezza is half the price. I think you can answer that one.
cedm
post May 24 2017, 11:03 AM

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QUOTE(Quang1819 @ May 23 2017, 11:54 PM)
you mean that studio is 622sqft?
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The 622sqft unit looks like a 1+1 bedroom according to the official PR1MA website... http://www.pr1ma.my/pr1ma_property.php?id=...en#.WST3UlwxCit
cedm
post Jun 2 2017, 03:53 PM

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QUOTE(neobita @ Jun 2 2017, 02:40 PM)
Wow, Lakefront PR1MA unit renting for RM460 per month, only a third of what monthly to the bank would be like...  sweat.gif
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That one http://www.ibilik.my/rooms/3556590/460-3-room-cyberjaya ? It's RM 460,000 to buy, not RM 460/month to rent. Whoever posted it abused the listing...
cedm
post Jun 6 2017, 11:06 PM

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QUOTE(neobita @ Jun 6 2017, 10:44 PM)
I was also shocked by that, now PR1MA grace period before can let anyone rent is 5 years I think
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That rental ad you guys are referring to is not genuine. It's about Lakefront Residence type E unit (not PR1MA), with a selling price of RM 460,000. I've seen similar ads plastered all over property websites from the same person. In this instance, he's just abusing a rental listing with a sales post.
cedm
post Jun 14 2017, 01:12 PM

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Latest construction progress on SJK© Union:

user posted image
user posted image
user posted image
user posted image

More on the official Lakefront website.
cedm
post Jul 31 2017, 02:54 PM

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QUOTE(leelee1988 @ Jul 31 2017, 02:36 PM)
Any news on the balance 4 tower? MCt still stick with the 8 tower master plan?

And for the parking still first come first serve basis ? Or they allocated the parking for all the unit ? Don't received any black and white on this matter also ??

Tower 3 and 4 sell with allocated car park?

Thanks
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T5-8 have been marked as "future development" in MCT's brochure/website for a while now.

T4 has allocated car park according to my sales agent (I didn't enquire about other blocks, and there's no specific mention in the SPA either).
cedm
post Aug 16 2017, 09:24 AM

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Found some nice drone video of the Lakefront development progress:


Direct link if embed not working
  • Lakefront Villa: completed, minus landscaping
  • Lakefront Residence: T1 & T2 (facade work in progress), common facilities in progress, T3 & T4 foundation only.
  • PR1MA Lakefront: T1 & T2 almost reached top floor, T3 & T4 car park completed. Common facilities in progress.
  • Lakefront Homes: T1, T2, T3: car park completed

SEG and LakePoint Residence can also be seen.
cedm
post Sep 14 2018, 07:52 AM

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Q2 2020 is the original VP date for tower 3 & 4
cedm
post Nov 27 2018, 09:15 PM

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QUOTE(TheOnly @ Nov 27 2018, 09:02 PM)
this "lakefront cyberjaya", is it that lowcost prima housing? A few friends who's also into property investments says lakefront is lowcost/PPRT style which will be an extremely bad location due to.... well... pprt people...

asking because i got an invite, but i saw the prices 500-700k for such a low reputation residence and i'm thinking they're just scamming?
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There's 4 different projects under the Lakefront umbrella: lakefront villa, lakefront residence, lakefront home and lakefront pr1ma. Ranges from 3+ million to ~275k. The 500-700k ones are Lakefront Residence: it's the high(er) end condo offering. There's a lake between villa/residence and home/pr1ma.
cedm
post Apr 2 2019, 08:43 AM

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QUOTE(Rudd @ Apr 1 2019, 11:39 PM)
Previously was told MCT will take care of the lake.
Now rumours said will be under MPSepang fully.

Looking at Taman tasik Cyberjaya condition, i wonder what kind of lake Cyberjaya lakefront will be in near future.
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From what my sales agent told me (~3 years ago), MCT will develop the lake and Sepang will then take over the maintenance.

I'm not expecting much from MCT when it comes to the landscaping of the lake. Their artist impressions and mock-ups looks great, but looking at how poorly they have done the landscaping for Lakefront Villa (multi-million bungalows), the actual result is nothing to rave about, especially when compared to next door Setia Eco Glades: day and night.

As for Taman tasik, yep the Sepang maintenance is lousy. There was an article in the Star recently complaining about what it had become as well. I thought Sepang had money with all the MNCs in Cyberjaya and KLIA revenues. Somehow the east side of Cyberjaya is better maintained, so they are capable of doing a good job.. Lack of consistency and dedication.
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