Newsflash! There are many break-ins at certain high density condos. Don't ever think that security in condo is better than double storey gated community.

In fact, security is better in double storey houses gated community because most houses are owners staying whereas there are many foreigners staying in high density condos.

If you can't buy new landed property then buying landed property in the secondary market is good enough.
There are still many who want to sell their landed property.

This post has been edited by jalsrix: Nov 29 2015, 11:10 PM

This is the latest info I got from a friend who asked at the property fair at KLCC today.
They haven't launched yet. You can register with them.

It is around 700-800 psf for around 1000 sq ft condo. The smaller unit would have higher psf than the larger unit.
So it is 700,000 to 800,000 Ringgit for that size.

The price isn't fixed yet so this is just an estimate.

At this price range and this high density, it's not very attractive. But who knows , there are many rich people around.

Anjung Hijau next door with park view or golf view is only selling at 500 psf.

This post has been edited by jalsrix: Nov 29 2015, 11:19 PM

If the balcony faces south, there is still golf view because link 2 is still far away.

If the balcony faces north, it will directly faces block A in Greenfields Apartment next door but it will have partial Golf view in the north east.


By the way, only 10% of Malaysians are Christians, not everyone go to church.

This post has been edited by jalsrix: Nov 30 2015, 11:05 AM

Are you the property agent there?

Until now, nobody has confirmed where the entrance will be.

Will it be direct access from the main road or the small lane leading to Park?

By the way, there is going to be a new road separating the Park from Pavillion, so walking directly to Pavillion from Skyluxe is not possible now due to heavy traffic.

With the heavy traffic separating the park and Pavillion, it's impossible to carry your groceries across the road.

Even if they do build a bridge, most Msians are too lazy to walk up the stairs . That's why a lot of people died trying to cross the streets when there is an overhead bridge nearby.

Anyway, the gate at the park closes at night.

This post has been edited by jalsrix: Dec 3 2015, 09:33 AM

Name me one place where double storey is not gated in Bukit Jalil.

The cost is less than high rise.

What I am saying is the cost of security services for double storey gated community is cheaper than high rise not the price of house.

There are many property agents here so please be careful.

High rise high density condo is not a good place for own stay.

If you have the money to buy double storey, buy it.

If not, go buy low rise, low density condo, there are many around in Bukit Jalil.

If you buy skyluxe just to flip, you will find it difficult to sell when it's ready in 3 years.
There are too many empty high density new condos in recent years.

This post has been edited by jalsrix: Dec 5 2015, 01:26 PM

http://www.thestar.com.my/business/busines...nang/?style=biz

Property market is weak and there is an oversupply of high-rise according to report above so why is Skyluxe building high density high rise at this time?

It's a buyers' market now so don't buy to flip or you'll lose money.




This post has been edited by jalsrix: Dec 6 2015, 12:22 PM

For those who want to buy for own stay and want park view and within doorstep of the Bukit Jalil park, there is still the Anjung Hijau/Greenfields next door where there are many units that are non-owner staying.

Because the rental is low, there are many owners who want to sell their units. It's only RM 500 psf in Greenfields/Anjung Hijau. Alternatively, if you want a swimming pool, there's this Green Avenue which is also around RM 500 psf. These two condos are of medium density per block.

So Skyluxe is unattractive, expensive and high density when compared to other condos in Arena Green with similar location and view.

This post has been edited by jalsrix: Dec 6 2015, 12:25 PM

How many younger generation can afford a 780 psf condo for own stay?

Most people bought condo in the past to flip but many are getting burned now.

For those who don't believe me, read the article below. A lot of people are selling their condos below bank valuation price.
So if you buy skyluxe at 700 psf, you will lose money in a few years time.

The best bet is for skyluxe to convert the project to double storey landed or at most 5 storeys condos, then it will sell like hot cakes.

High rise, high density condo won't sell well ....

http://www.themalaymailonline.com/malaysia...erties-for-cash

This post has been edited by jalsrix: Dec 8 2015, 12:15 AM

Beware of property agents here.

This post has been edited by jalsrix: Dec 8 2015, 10:02 AM

Only buying landed property will make money.

Buying any high rise high density condos will lose money because there is already an oversupply of these condos amidst a slowing economy.

Read the article I posted earlier properly.

This post has been edited by jalsrix: Dec 8 2015, 09:59 AM

If people want to go for morning jogs without driving, they can buy the neighbour Anjung Hijau at a much lower price and with lower density. Why buy this expensive condo with cramped exit and whatever other problems you will face.

Adding extra furnishing add to the cost of the condos that add on stamp duty. It's better to buy condo without furnishing and buy own own furniture.

So stop fooling potential buyers here.

This post has been edited by jalsrix: Dec 8 2015, 10:06 AM

People queuing to buy? You're another property agent here.

You think there are no other condos/apartment in Bukit Jalil with much better pricing and with lower density?



People find it difficult to sell at 500 psf in Bukit Jalil now for secondary market. Many for sale sign.

This post has been edited by jalsrix: Dec 8 2015, 10:10 AM

How many people can hold a 700 psf condo for more than 5 years? Less than 1%.

Most buyers of the expensive condos in Bukit Jalil in recent years are flippers because they just can't pay the bank instalment with the low rental once it is completed.

They gave an impression that there are many buyers for own stay but in reality, there will be many vacant units for sale once all these new expensive condos are completed.

At that time, many will be selling below their purchase price and will start crying.

The only ones laughing are the property agents in this thread who give false info (buy, buy, buy) to potential buyers.

This post has been edited by jalsrix: Dec 8 2015, 02:49 PM

I don't want to post anything which I have no information on. I haven't researched anything on park sky or parkhill and don't intend to.

What I can say is that this project won't sell well due to small land area, high density, high price and high floor(above 30 floors).

Most of the similar condos like KM1, Treez etc were bought by flippers in the past, that's why it was sold off.
At that time, the low RPGT, DIBS etc enabled these flippers to buy. Those days are gone.

Just look around these expensive high rise condos when they are completed and see the many 'For sale' sign.
Most of these can't sell at all and some will even go on auction.

This post has been edited by jalsrix: Dec 12 2015, 04:18 PM

Properties won't go higher in at least a few more years. It has reached its peak this year.

The reasons why property prices went up during the last few years was because of low supply of condos, low interest rates, low RPGT.

Now the prices are very high and out of reach of the average Malaysian. In addition, there is an oversupply of condos, the rising cost of living, high RPGT, the interest rate has also increased by 25 basis point and may increase in the future if the USA increase their interest rate. Prices will go lower to consolidate.

Unless you're rich, don't buy now.

This post has been edited by jalsrix: Dec 12 2015, 04:24 PM

You can still buy landed property becuase that is always in demand if the property is located in KL due to scarce land.
This is because of very low supply of landed property.

But don't buy high density high rise condos, there is already an oversupply of these types of condos.