Thank you for your comments Sir.

Let me reiterate my points. Cyberjaya 2 vs Cyberjaya Lakefront (both are under PR1MA)

Location: Cyberjaya 2 wins due to its proximity to CBD

Developer: Cyberjaya 2 wins because Gadang is more reputable and more recognised with better quality of workmanship than MCT.

Density: HUGE win for Cyberjaya 2 with only 469 units vs 4,200 units in Cyberjaya Lakefront

Facilities: Very similar. To be honest PR1MA standard of facilities, don't count too much on this. But basic things like security and surau and common areas are there. So I would say almost similar, maybe Cyberjaya Lakefront wins as it has swimming pool. But I wonder with 2,000 units (about 10,000 PEOPLE) sharing one swimming pool, I doubt the environment will be good.

OVERALL: Cyberjaya 2 wins.

Price: Suddenly out of no where Cyberjaya Lakefront is more expensive.

Seriously man, what kind of madness is this?

Got my unit at Bukit Bintang.

This post has been edited by pr1ma_owner: Mar 31 2017, 05:02 PM

Thank you for sharing with us your views Sir.

Yes I hope I could really drive the points and make it clear.

If any of you would like to ask further of have any question more, just shout it here and I'll respond to it.

Most importantly, when you wanna sign the SPA, REMEMBER that you'll be sharing with 4,200 families (roughly about 21,000 PEOPLE!!!)

AND please and please and please, imagine the kind of life and standard of living there due to EXTREMELY OVER-POPULATION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Good luck with that

This post has been edited by pr1ma_owner: Mar 31 2017, 05:05 PM

Thank you for your comments Sir.

By you getting SMS invitation, this shows that MCT cannot sell off all the PR1MA Cyberjaya Lakfront units.

As I've expecpected earlier, many of these units will not be able to be sold due to high loan rejection rates.

This is also because, the number of units will swell to more than 4,100 units. Which to me, there is no way on Earth that all the units be sold off.

So if I were you, I would go and negotiate with MCT, knowing that the buyers have the upper hand in this matter.

PR1MA full completion: 2021.

Thank you for your wise comments Sir.

I agree with you entirely.

With more than 4,100 units to be built there, and other residential areas there some more, it'd be an extremely crowded place.

To me, buying a house is a long term commitment especially if you wanna live there and raise a family there.

So if you can, better look for a place that's more conducive, which is less populated.

Cos going by this PR1MA Cyberjaya Lakefront, there's no way you'll get any privacy at all.

With expected 20,000 PEOPLE living together in one place, many other SOCIAL PROBLEMS can prop up.

I know many people will not like what I say, but we have to be honest and truthful.

If you've been living in an apartment, I'm sure you'd understand if I say 4,100 units is EXTREMELY CRAZYYYYYYY!!!!

Thank you for your wise comments Sir.

I agree with you the density for PR1MA Cyberjaya Lakefront is completely and utterly RIDICULOUS!!!!!!!

Due to extreme density there, it could be the case that places nearby could face negative impact as well, including slower traffic movement.

Another possibility is that, PR1MA Cyberjaya Lakefront units could face the risk of not being taken up.

This will result in many overhang units.

So if you're interested in this PR1MA project, I would advise you to re-negotiate with the developer straight.

No harm in trying your luck, because the force is by your side.

If you are very sure you will get your loan approved, then yes you can take advantage of the current weak condition of the market.

Thank you for your comments Sir.

Maybe for flats, 4k is okay...

BUT you must REMEMBER, PR1MA is non low cost housing!

PR1mA is for middle-income earning up to RM 15k a MONTH!

SO it's really a joke if you suddenly wanna compare with cheap flats??

Thank you for your kind comments Sir.

But come on!!!

You can't compare non-PR1MA projects with PR1MA projects... Such an unfair treatment. Non-PR1MA projects do not get all the benefits of PR1MA projects.

Besides, PR1MA projects already said 20% below market price, so definitely the price tag will be lower.

So please if you wanna make a comparison, compare apples with apples.

Not apples with durians or mangosteens.

And one more thing, you're comparing with places in Sungai Besi where Bandar Malaysia will be there and it's close proximity to KL.

Is it fair to compare with Cyberjaya?

Please compare apples with apples. Compare PR1MA wirh PR1MA, Cyberjaya with Cyberjaya.

Seriously, I also can take an apartment in Tanjung Malim then compare it to Cyberjaya. Will you feel it's fair? Of course not!

The comparison is NOT VALID at all

This post has been edited by pr1ma_owner: Apr 3 2017, 12:32 PM

Thank you for your comments Sir.

Not really.

I think you're referring to starting price.

Cos if you want corner units, MCT will charge you even higher than RM 280k

Welcome to sardine-PACKED apartment!!!

Thank you for your wise comments Sir and I truly appreciate it.

I can understand in developed and mature areas where h2o is, then there's an urgent need for high density projects due to sky rocletting land prices.

However for somewhere like Cyberjaya, why can't they build like Cyberjaya 2 with only 469 units?

Thank you so much for your comments Sir.

As I've already highlighted, any comparison must be like and like.

Firstly it must be comparing to projects in Cyberjaya.

You can't simply compare density ratio between KL area with Cyberjaya, cos it's unfair!

So if we take the closest comparable in Cyberjaya and also under PR1MA, which is Cyberjaya 2.

Cyberjaya 2 has 469 units in 6.7 acres, which means 70 units per acre.

Whereas Cyberjaya Lakefront has 1,932 units in 18.78 acres, which means 103 units per acre.

So it's a STAGGERING 47% higher compared to like and like comparison.

Of course we can compare with other projects too, but as I said, please compare apples with apples.

If you wanna compare PR1MA Cyberjaya Lakefront, please make comparisons with other projects in Cyberjaya.

DO NOT go and simply pick projects elsewhere.

Cos, properties depend on LOCATION, LOCATION and LOCATION.

Thank you for your comments Sir.

I understand where you're coming from.

But I would just like to stress that even if you have calculated the density ratio, you must only compare density ratio of a project to the other projects nearby.

You can't calculate the density ratio in Sg Besi and compare it to the one in Cyberjaya and make any conclusion from it.

Honestly, to me buying a property especially buying a house is a 30 years of commitment.

I'm so sorry if you think I'm too serious about this.

But for the matter of fact, yes I am so serious, because purchasing a house especially for middle income earners, will affect their financials in the long term.

That's why I don't want anybody to regret it.

Agian I'm so sorry if I'd been too serious. But really, RM 280k for middle income earners with 4 or 5 kids, living in Klang Valley is an extremely big number.

It's a no JOKE matter

This post has been edited by pr1ma_owner: Apr 3 2017, 04:04 PM

Thank you for your comments Sir.

You mentioned that land is not cheap there either plus everyone's selling future price.

But surprisingly just around the corner, Cyberjaya 2 is having much lower density, as well as selling at a lower price.

I'm only questioning this because, both of these projects are under PR1MA.

Why can't PR1MA ensure consistency in pricing and value proposition?

Thank you for your comments Sir.

I would just like to ensure that fair comparisaon is being made.

For example, if we compare a landed property in Bukit Bintang is having a more expensive price tage compared to rural area another landed property in rural area in Perlis.

Then suddenly we say wow the house in Perlis is cheaper and makes more sense to buy it there.

But we failed to see other moving factors which are very important to determine a house price.

Sometimes I just feel that these types of comparisons are unfair.

How much do you guys think this will affect PR1MA Cyberjaya Lakefront by MCT?

Should the future buyers hold back from purchasing their balloted units?

Thsnk you for your question Sir.

I'm not particularly sure.

But this raises the question of many drawbacks of PR1MA @ Cyberjaya Lakefront by MCT.

1) High density ratio
2) Proximity to IWK
3) Long distance to the proposed MRT stations
4) Project site is not included in CBD
5) Price tag above Cyberjaya 2 despite Cyberjaya lakfront's lower value propositions
6) Large number of units of more than 4,300 units which may result in overhang units, thus triggering potential fire sales in the future?

So lucky for those who took the ones facing north?

Thank you for your speculation Sir.

I would just like to say that we try to avoid talking or posting about a member's personality here.

Main thing is, let's talk about PR1MA @ Cyberjaya Lakefront and the normal Cyberjaya Lakefront projects.

There are many drawbacks as I've mentioned earlier such as:

1) High density ratio
2) Proximity to IWK
3) Long distance to the proposed MRT stations
4) Project site is not included in CBD
5) Price tag above Cyberjaya 2 despite Cyberjaya lakfront's lower value propositions
6) Large number of units of more than 4,300 units which may result in overhang units, thus triggering potential fire sales in the future?

Can we please discuss on these matters so that, the prospective buyers can weigh what are the pros and cons of this project?

Thank you for your comments Sir.

However, I would like to emphasise here comparisons must be fair and consistent.

You're comparing with Tokyo, New York...then suddenly Cyberjaya? Seriously???

OK, what do you feel if I compare Cyberjaya with Kodiang in Perlis, then I make conclusion this property in Cyberjaya is too expensive?

Surely you would think that's not a good comparison, no?

Same thing applies here.

My intention is to shape this discussion for us to discuss what're the pros and cons of PR1MA @ Cyberjaya Lakefront.

Then, it will be up to individual prospective buyers to make their own decisions.

Thank you for your comments Sir.

Does that mean if I'm not the buyer for this particular project, then I can't express my views?

Please clarify.