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Investment SKYLUXE ON THE PARK @ BUKIT JALIL [OWNERS' THREAD], SkyWorld. Design the Experience.

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Chris Chew
post Dec 7 2015, 03:14 PM

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QUOTE(accetera @ Nov 27 2015, 02:48 PM)
Some people might say this is the best location in Bukit Jalil.

Walkable to mall and park and golf course. And yet you are in the quiet corner and highly visible from highway.
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Boss, what is the other USP of this project?

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.
SUSjalsrix
post Dec 8 2015, 12:13 AM

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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
Iam Power
post Dec 8 2015, 12:20 AM

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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.
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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profit margin for that small piece of land is low, impossible for developer to build landed there.
HarpArtist
post Dec 8 2015, 12:21 AM

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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.
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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not disagreeing, but will be interesting to look back in a few years thumbup.gif
mybenz
post Dec 8 2015, 02:07 AM

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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.
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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You very power.. Can see future. So can u tell buy which one will make money?
alhelmy
post Dec 8 2015, 03:56 AM

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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.
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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They should make these condos non-luxury to lower the price..
Babizz
post Dec 8 2015, 07:33 AM

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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.
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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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..

If skyluxe at 700psf will hv ppl queuing up..best to reduce specs n furnishing n sell cheaper
PeriPeri2014
post Dec 8 2015, 07:44 AM

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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..

If skyluxe at 700psf will hv ppl queuing up..best to reduce specs n furnishing n sell cheaper
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Hahaha......how many terrace can build in that small land??
EgKev
post Dec 8 2015, 09:09 AM

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QUOTE(PeriPeri2014 @ Dec 8 2015, 07:44 AM)
Hahaha......how many terrace can build in that small land??
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Not sure why you guys still want to layan that jaslrix guy, just let him babble away. He's entitled to his own opinions but by not respecting other's opinions, he'll never garner other's respect shakehead.gif

elmond
post Dec 8 2015, 09:35 AM

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meanwhile mrcb garden city proposal

user posted image
HarpArtist
post Dec 8 2015, 09:44 AM

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QUOTE(PeriPeri2014 @ Dec 8 2015, 07:44 AM)
Hahaha......how many terrace can build in that small land??
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build 18 by 50 type tongue.gif 3 storey. also make it all one way so that can be a narrower road. hahahaha

This post has been edited by HarpArtist: Dec 8 2015, 09:44 AM
EgKev
post Dec 8 2015, 09:44 AM

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QUOTE(Babizz @ Dec 6 2015, 08:07 PM)
477 units here total.. how many acres?
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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
SUSjalsrix
post Dec 8 2015, 09:52 AM

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Beware of property agents here.

This post has been edited by jalsrix: Dec 8 2015, 10:02 AM
SUSjalsrix
post Dec 8 2015, 09:58 AM

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QUOTE(mybenz @ Dec 8 2015, 02:07 AM)
You very power.. Can see future. So can u tell buy which one will make money?
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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
SUSjalsrix
post Dec 8 2015, 10:02 AM

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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).

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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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
SUSjalsrix
post Dec 8 2015, 10:08 AM

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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..

If skyluxe at 700psf will hv ppl queuing up..best to reduce specs n furnishing n sell cheaper
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People queuing to buy? laugh.gif 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?

whistling.gif

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
elmond
post Dec 8 2015, 10:08 AM

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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.

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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if everyone have a single same taste, the world wont be so beautiful now.

EgKev
post Dec 8 2015, 10:48 AM

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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.

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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Lol wonder who's the 'agent' here, only know how to promote Anjung Hijau. Anyway it's a matter of preference, I have the money to buy this and a few other landed properties it's up to my preference to buy this at a higher premium over your Anjung Hijau due to a much more luxurious feel / environment, facilities etc. and what not

To me, if you want to argue till the moon comes down, it boils down to the simple fact that one can buy a low cost town house for 50k (or in this case, a lower cost building such as AH) and then spend 200-300k to make it into a showroom house and live comfortably in your nest. However, the fact that you're coming home to an old building with crappy environment, this I can't take.

To some people including my own friends, it's acceptable so it's fair game as they like to spend their time indoors whereas I like to spend considerable time outdoors so this is why I'd consider spending on a higher cost condo even though it's just next door. I don't want to be resting at a bench in AH without a sky roof or a nice pool to lounge in. This is what I'm paying a premium for, to live in something that I or what I want my parents to live in.

Sure, there's more people but I like mingling with people. Social problems? Sure there is social problems everywhere, even in AH or any place in the world actually.

Not sure if I get your logic but if you call me an agent then thank you I'm flattered lol cause it's the first time someone calls me that and reaffirms my position in an engineering technical sales role lol thumbup.gif thumbup.gif

This post has been edited by EgKev: Dec 8 2015, 10:50 AM
Iam Power
post Dec 8 2015, 10:58 AM

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QUOTE(jalsrix @ Dec 8 2015, 09:58 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.
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there is oversupply of condos, those who are able to hold will benefit, those are looking for short term gain probably will suffer in time to come.
Iam Power
post Dec 8 2015, 10:59 AM

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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.

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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anjung hijau old la seriously..
design also not nice..
I wouldn't mind buying it cheap for investment, but definitely not the place I would like to stay

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