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 cristal residence @ cyberjaya, another project by villamas @ cyberjaya

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Chris Chew
post Jul 14 2013, 12:52 PM

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QUOTE(syncronyzer @ Jul 12 2013, 10:02 PM)
Yeah.. so basically..

Location > Let's not argue about Cyberjaya in this thread, but it's not bad IMHO
Concept > Good
Price > Damn good after discount
Design > Good
Layout > Good and simple
Views > Nothing to complain about and on hill top (most of all, its even higher than Symphony!)

Only thing is... developer pls don't screw up lor..  notworthy.gif
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Pretty agree with you that the concept, design and layout are all quite good, especially they offer such kinda good low entry and still RM 400+ psf net, which is very much entry-able for rent and flip for future.

I surprise to see Villamas to price it such low after they emerge to build med to high end in Zefer, Verde, Serin and etc compare to previously medium end and below apartments. It would be a real test for them since Atmosfera is their turning point for unable to price higher.

Any idea, within 2 km radius, what are the other highrise developments nearby?


Chris Chew
post Jul 17 2013, 10:21 AM

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QUOTE(puchongite @ Jul 17 2013, 09:46 AM)
Everybody is eyeing on the highrise. None is interested in the landed ?

Highrise in cyberjaya to me is really in danger of oversupply. Oversupply of landed is less likely. However, expat does not quite like landed and so rental game not attractive. Will have negative cash flow for sure. Perhaps can make it back after subsale.
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No ah. I interested in the landed also.

Chris Chew
post Jul 17 2013, 10:23 AM

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QUOTE(xyyap @ Jul 16 2013, 11:52 PM)
Type A 1302 sqft:

Lowest Price = RM 598 000
Lowest PSF = (10000 + 598 000 * 90% * 95%) / 1302 = RM 400

Highest Price = RM 666 000
Highest PSF = (10000 + 666 000 * 90% * 95%) / 1302 = RM 445
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Low and easy entry.

Still fair pricing compare to the market but also relatively low compare to Serin and Zefer, both quite high and Verde, slighltly high only.

Chris Chew
post Jul 17 2013, 11:27 AM

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QUOTE(nkhong @ Jul 17 2013, 10:50 AM)
Ya, very fair price and location quite good, accross the street got alot shops , got nice arab and indian food.

Just the developer name are abit ...
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Ya, with 10% + 2-5% discounts very easy entry, I very doubt how come it price at RM 400-450 psf net instead of RM 500+ psf net based on current market ...

Hehehe, Villamas developer name is quite okay, in terms of proven track record of projects completed as a developer and importantly financiallly okay. Maybe the previous projects workmanship issues again. At least, unlike other new developers, without proven track record and uncertainty of financial, but already price the concept so good and great and price it at RM 600+ psf net after easy entry.

I a bit interested due to it's fair price but it's not the name of developer are a bit ... , but the name of project, "Cristal" is a bit ....

I very worry about Cyberjaya anyway ...


 

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