Investment SKYLUXE ON THE PARK @ BUKIT JALIL [OWNERS' THREAD], SkyWorld. Design the Experience.
Investment SKYLUXE ON THE PARK @ BUKIT JALIL [OWNERS' THREAD], SkyWorld. Design the Experience.
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Dec 6 2015, 08:04 PM
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Senior Member
2,140 posts Joined: Jan 2013 |
I think sky world is selling concept to young generation for upgrading n competing with nearby condos facilities Ofcoz pay for service charge
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Dec 6 2015, 08:07 PM
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All Stars
12,528 posts Joined: Feb 2013 |
477 units here total.. how many acres?
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Dec 6 2015, 10:05 PM
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Senior Member
1,927 posts Joined: Sep 2009 |
QUOTE(rainman19 @ Dec 6 2015, 08:04 PM) I think sky world is selling concept to young generation for upgrading n competing with nearby condos facilities Ofcoz pay for service charge 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. |
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Dec 7 2015, 03:14 PM
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Senior Member
10,387 posts Joined: Dec 2011 |
QUOTE(accetera @ Nov 27 2015, 02:48 PM) Some people might say this is the best location in Bukit Jalil. Boss, what is the other USP of this project?Walkable to mall and park and golf course. And yet you are in the quiet corner and highly visible from highway. So far, I see is very near to Pavilion BJ, but is the car easily accessible or to follow current flow, which residents need to exit Bkt Jalil Highway and U Turn back to Puchong direction to enter the new ramp build by Malton? IMO, best location in whole Bkt Jalil is quite subjective but personally, along Bkt Jalil highway is only consider decent but not the best if not Pavilion Bkt Jalil USP. I rated The Treez or KM 1 West / East triangle is the best among the whole Bkt Jalil, although this square facing immediate traffic jam if to flow into Kesas direction. They can opt for Pavilion Bkt Jalil or else, Paradigm OUG. |
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Dec 8 2015, 12:13 AM
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Senior Member
1,927 posts Joined: Sep 2009 |
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 |
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Dec 8 2015, 12:20 AM
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Junior Member
430 posts Joined: Jan 2014 |
QUOTE(jalsrix @ Dec 8 2015, 12:13 AM) For those who don't believe me, read the article below. A lot of people are selling their condos below bank valuation price. profit margin for that small piece of land is low, impossible for developer to build landed there.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 |
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Dec 8 2015, 12:21 AM
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Senior Member
3,838 posts Joined: Sep 2013 |
QUOTE(jalsrix @ Dec 8 2015, 12:13 AM) For those who don't believe me, read the article below. A lot of people are selling their condos below bank valuation price. not disagreeing, but will be interesting to look back in a few years 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 |
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Dec 8 2015, 02:07 AM
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Senior Member
730 posts Joined: Feb 2013 |
QUOTE(jalsrix @ Dec 8 2015, 12:13 AM) For those who don't believe me, read the article below. A lot of people are selling their condos below bank valuation price. You very power.. Can see future. So can u tell buy which one will make money?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 |
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Dec 8 2015, 03:56 AM
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Senior Member
5,620 posts Joined: Nov 2015 |
QUOTE(jalsrix @ Dec 8 2015, 12:13 AM) For those who don't believe me, read the article below. A lot of people are selling their condos below bank valuation price. They should make these condos non-luxury to lower the 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 |
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Dec 8 2015, 07:33 AM
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All Stars
12,528 posts Joined: Feb 2013 |
QUOTE(jalsrix @ Dec 7 2015, 10:13 AM) For those who don't believe me, read the article below. A lot of people are selling their condos below bank valuation price. Hi do u know anything about land costs?? if this is reasonably priced it will sell well.. yr terrace suggestion is rubbish as they wld be booking a few hundred mill in losses..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 If skyluxe at 700psf will hv ppl queuing up..best to reduce specs n furnishing n sell cheaper |
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Dec 8 2015, 07:44 AM
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Senior Member
8,226 posts Joined: Jul 2014 From: Kuala Lumpur |
QUOTE(Babizz @ Dec 8 2015, 07:33 AM) Hi do u know anything about land costs?? if this is reasonably priced it will sell well.. yr terrace suggestion is rubbish as they wld be booking a few hundred mill in losses.. Hahaha......how many terrace can build in that small land??If skyluxe at 700psf will hv ppl queuing up..best to reduce specs n furnishing n sell cheaper |
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Dec 8 2015, 09:09 AM
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Junior Member
184 posts Joined: Dec 2008 |
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Dec 8 2015, 09:35 AM
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Senior Member
2,262 posts Joined: Jul 2013 |
meanwhile mrcb garden city proposal
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Dec 8 2015, 09:44 AM
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Senior Member
3,838 posts Joined: Sep 2013 |
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Dec 8 2015, 09:44 AM
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Junior Member
184 posts Joined: Dec 2008 |
QUOTE(Babizz @ Dec 6 2015, 08:07 PM) Looks to be at most 2 acres or slightly more / less, so units per acre is really high actually. Land size looks pretty similar to Twin Arkz (1.9 acres).Have to see what they offer (furnishing, facilities etc.) to see if it's justified or not with RM780 psf and such high density / acre. Parents seem to like it cause they can go morning and evening jogs everyday without having to drive or move too much |
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Dec 8 2015, 09:52 AM
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Senior Member
1,927 posts Joined: Sep 2009 |
Beware of property agents here.
This post has been edited by jalsrix: Dec 8 2015, 10:02 AM |
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Dec 8 2015, 09:58 AM
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Senior Member
1,927 posts Joined: Sep 2009 |
QUOTE(mybenz @ Dec 8 2015, 02:07 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 |
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Dec 8 2015, 10:02 AM
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Senior Member
1,927 posts Joined: Sep 2009 |
QUOTE(EgKev @ Dec 8 2015, 09:44 AM) Looks to be at most 2 acres or slightly more / less, so units per acre is really high actually. Land size looks pretty similar to Twin Arkz (1.9 acres). 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.Have to see what they offer (furnishing, facilities etc.) to see if it's justified or not with RM780 psf and such high density / acre. Parents seem to like it cause they can go morning and evening jogs everyday without having to drive or move too much 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 |
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Dec 8 2015, 10:08 AM
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Senior Member
1,927 posts Joined: Sep 2009 |
QUOTE(Babizz @ Dec 8 2015, 07:33 AM) Hi do u know anything about land costs?? if this is reasonably priced it will sell well.. yr terrace suggestion is rubbish as they wld be booking a few hundred mill in losses.. People queuing to buy? If skyluxe at 700psf will hv ppl queuing up..best to reduce specs n furnishing n sell cheaper 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 |
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Dec 8 2015, 10:08 AM
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Senior Member
2,262 posts Joined: Jul 2013 |
QUOTE(jalsrix @ Dec 8 2015, 10:02 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. if everyone have a single same taste, the world wont be so beautiful now.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. |
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