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

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jorgsacul
post Nov 20 2015, 12:07 AM

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QUOTE(wil-i-am @ Nov 19 2015, 11:26 PM)
Anyone experience the finishing quality b4 for MCT?
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Cheap... You try visit their hq at USJ. Poorly built.
Only good about this company is certain property good location. Anyhow quality overall below average to me comparing with other too developer that know how to built high rise
jorgsacul
post Dec 31 2016, 12:28 AM

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3000 units here... no proper road planning
jorgsacul
post Mar 2 2017, 01:28 PM

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QUOTE(pr1ma_owner @ Mar 2 2017, 01:10 PM)
Ya man. To be honest, property market is slow now. But doing like 4,000 plus plus units in CYBERJAYA is crazy. I mean, there's no way they can sell off all units even after the construction is completed.

I may be wrong, but under the current situation and looking ahead, the prospects are not that great either.

There will be many many UNSOLD units in my point of view.

My suggestion is to wait and monitor this situation. If the situation gets worse, than the developer will surely give more discounts. At the end of the day it's supply and demand issue.

From the supply side, yes MCT will build thousands and thousands of units for this Lakefront Cyberjaya project.

Fro, the demand side, it's up to the buyers and potential buyers...

If they feel that developer should lower the price, then hold off buying or go and negotiate with MCT.

Again, I could be wrong man. I'm not an expert in this property area.
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Suddenly got lrt or Mrt passed by these 4K units all will stfu

jorgsacul
post Mar 2 2017, 01:34 PM

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QUOTE(pr1ma_owner @ Mar 1 2017, 12:00 PM)
Cyberia man.

To be honest I was put off by 3 bad things on this project:

1) It's way too small at 850 sq ft

2) It's way too highly populated, upon completion pr1ma will have about 2,000 units, the other private arm will have 2.000++ units... so altogether will have more than 4,000 units, whcih to me is just CRAZYYYYYYYYY!!!!!!!!!

3) The price is really expensive man. At RM 280k, this is not significantly below market price. With very soft property market, I think at best MCT can only sell 50% of the units, while another 50% will be overhanged units and remain unsold

Thank you
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Setia haruman should not approve such density without proper infra
jorgsacul
post Mar 3 2017, 08:51 AM

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Beggars can't be chooser
jorgsacul
post Mar 3 2017, 09:00 AM

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QUOTE(pr1ma_owner @ Mar 2 2017, 03:38 PM)
Yes I'm not shy to say that I'm from low-income group. But I really thought PR1MA would be significantly below market price.

But with that high concentration ratio, very small unit and location wise in Cyberjaya not in KL, I don't think RM 280k is significantly below market price.
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A lot of apts at 60k. You can get few units there for decent size and price
jorgsacul
post Mar 4 2017, 09:21 AM

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QUOTE(pr1ma_owner @ Mar 3 2017, 10:57 AM)
Thank you Sir for your kind reply.

Let me enlighten you with one case of PR1MA at Alam Damai.

Yes you're right about PR1MA releasing batch by batch. This happens to PR1MA Alamd Damai as well.

BUT after realising this, anyone who meets the criteria of RM 15,000 and owning one house or less, can purchase it.

But then again, even after opening it to the public to walk in and make their bookings, STILL 30% units remain UNSOLD and OVERHANGED.

So I think I want the developer to realise that the market for this segment is soft. They must adjust their prices lower now to clear those vacant units.
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Quota based. They can't exceeds certain number for certain race. This is the true story behind it

jorgsacul
post Mar 21 2017, 08:45 AM

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QUOTE(ezadkd @ Mar 20 2017, 02:55 PM)
Hi guys, what do you think about the density of the project?  That's my main concern. Does anyone have any experience living in that kind of density? Thanks
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4K units at old klang road le yuan ...7am you still stuck at ur parking lot to get out
jorgsacul
post Mar 21 2017, 08:46 AM

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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?
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Beware of their sub par quality. If you see MCT office at Subang then you will know
jorgsacul
post Mar 21 2017, 04:40 PM

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QUOTE(cedm @ Mar 21 2017, 10:15 AM)
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.
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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
jorgsacul
post Mar 22 2017, 06:54 AM

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QUOTE(Zres @ Mar 21 2017, 10:58 PM)
haha...u always like to talk down other project, bcos u bought one of the project in CBJ ? bangwall.gif
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Wrong I brought few in Melaka and Jb too just this forum very active in cyber. Do not assume or jump into conclusion

 

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