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

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MEMC2
post Dec 16 2015, 02:24 PM

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QUOTE(jalsrix @ Dec 16 2015, 11:22 AM)
I was just responding to a group of people who said they must buy property for their own stay but don't have the money to buy landed property, so the next better choice is the subsales lower density condo.

Or would you rather they stay homeless?  laugh.gif

For investment or flipping purposes, it's a doomed case to buy these high rise,high density condos such as skyluxe.
How many rich people can afford to buy these new high rise, high density condos for own stay at such an expensive price? Not even 5%.    whistling.gif
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Aiyo, you keep posting negative information here our largest FB property agent group how to cari makan?
puchongite
post Dec 16 2015, 02:49 PM

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QUOTE(MEMC2 @ Dec 16 2015, 02:24 PM)
Aiyo, you keep posting negative information here our largest FB property agent group how to cari makan?
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Haha I don't think his posts are so powerful.

Basically if they cannot carry makan anymore, it's due to the market is already bad. Nothing much to do with his posts sweat.gif


jinsailoo
post Dec 16 2015, 02:51 PM

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QUOTE(puchongite @ Dec 16 2015, 02:49 PM)
Haha I don't think his posts are so powerful.

Basically if they cannot carry makan anymore, it's due to the market is already bad.  Nothing much to do with his posts sweat.gif
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boss you come here grab popcorn lagi??
ohoka show finish come here?
puchongite
post Dec 16 2015, 02:59 PM

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QUOTE(jinsailoo @ Dec 16 2015, 02:51 PM)
boss you come here grab popcorn lagi??
ohoka show finish come here?
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Haha you can say that. And maybe you can say we just want to stir stir a bit and get some discussion going on lar ! wink.gif
TSaccetera
post Dec 16 2015, 03:50 PM

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My mom got a unit at Anjung Hijau. So far rental wise is good. But rental cannot move up much becoz not much of facilities.

The buyer profile for SkyLuxe is totally different. It will be tapping on those waiting list for Pavilion Park Sky, which many people are still looking for a unit. Pavilion Park Sky has a long waiting list... so I guess SkyLuxe can be a good alternative since the size composition could make it more affordable.

And btw, the meaning of affordable to Bukit Jalil folks today are between RM500-700k.

This post has been edited by accetera: Dec 16 2015, 03:52 PM
puchongite
post Dec 16 2015, 03:56 PM

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QUOTE(accetera @ Dec 16 2015, 03:50 PM)
My mom got a unit at Anjung Hijau. So far rental wise is good. But rental cannot move up much becoz not much of facilities.

The buyer profile for SkyLuxe is totally different. It will be tapping on those waiting list for Pavilion Park Sky, which many people are still looking for a unit. Pavilion Park Sky has a long waiting list... so I guess SkyLuxe can be a good alternative since the size composition could make it more affordable.

And btw, the meaning of affordable to Bukit Jalil folks today are between RM500-700k.
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What size and how much rental now ?

I don't think it's due to lack of facility. Other better facility condos the rental isn't that great either.

Chris Chew
post Dec 16 2015, 05:01 PM

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QUOTE(jinsailoo @ Dec 16 2015, 02:21 PM)
thumbup.gif  thumbup.gif  thumbup.gif  thumbup.gif
old type link house all big big become small small,
high rise from less then 20 floor till now 40 floor,

old type flat also 700-800sf now all become Soxo, where recent saw some 100++ sf shoe box

time have change a lot of thing, don't put your mind in 19++
now all use smart phone, don't still put your mind in the fix line age
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Haha. True true.

Planning are always going change in every few years when age grow up, family go further stage or grow bigger.

Some youngers at 20++ always saying new condo is exp to buy thats bcz they reluctant to buy old apartment at muh cheaper price.

Those who die die wanna landed, if kenot buy good or exp landed, they go for older landed they can afford or stay in the condo for few years and plan later stage.

HELLO HELLO
post Dec 16 2015, 05:58 PM

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QUOTE(Babizz @ Dec 16 2015, 11:31 AM)
comparing new high dense high end condo with old low end flats is like walking into a bmws showroom n telling the buyers dont buy bmws, many problem..buy old toyotas vios no problem but drive n feel like crap..

Honestly anjung hijau is trashy n suitable for those looking fr alternative to perumahan rakyat
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i always dream of getting 1 unit at anjung hijau ler.
demand and rental quite good ler. depan golf view. belakang big park. sibeh good air especially during morning.
stay high enough balcony ada golf view somemore. open door go out can see big park.
access also sibeh duper good. only draw back is 1 cp and cacat samseng management.. manyak cars park outside due to 1 cp.

tenant wise... ph, me, browny, blondie, air stewardess macam macam tenants you name it.
Edward Teh
post Dec 16 2015, 06:07 PM

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Dear Sir/Mdm ,

i'm a newbie here and would like to asked for advise about DIBS.
IF i sign up a new property said 510k and loan margin is 89% with come to RM453900.
How much i need to paid for the progress payment ?
Developing need 48mths .

Please advise .

Thanks upfront .

Reg ,

Ed's
ryan@chua
post Dec 16 2015, 07:41 PM

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QUOTE(jalsrix @ Dec 16 2015, 12:22 PM)
I was just responding to a group of people who said they must buy property for their own stay but don't have the money to buy landed property, so the next better choice is the subsales lower density condo.

Or would you rather they stay homeless?  laugh.gif

For investment or flipping purposes, it's a doomed case to buy these high rise,high density condos such as skyluxe.
How many rich people can afford to buy these new high rise, high density condos for own stay at such an expensive price? Not even 5%.    whistling.gif
*
Aiyo.. you keep telling the truth here.. many agents here will lost their commission income lar.

Now market already pretty bad, you make it worse more...lol




SUSjalsrix
post Dec 17 2015, 07:12 AM

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QUOTE(Babizz @ Dec 16 2015, 11:31 AM)
comparing new high dense high end condo with old low end flats is like walking into a bmws showroom n telling the buyers dont buy bmws, many problem..buy old toyotas vios no problem but drive n feel like crap..

Honestly anjung hijau is trashy n suitable for those looking fr alternative to perumahan rakyat
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Please! I don't consider a high density with small land area condo a BMW. laugh.gif

It's more like a newer version of compact Proton Wira, looks nice outside but cramped due to lack of space whistling.gif

This post has been edited by jalsrix: Dec 17 2015, 07:32 AM
SUSjalsrix
post Dec 17 2015, 07:18 AM

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QUOTE(ryan@chua @ Dec 16 2015, 07:41 PM)
Aiyo.. you keep telling the truth here.. many agents here will lost their commission income lar. 

Now market already pretty bad, you make it worse more...lol
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There are many property agents in this thread giving misleading info.

It must be a win-win situation for both property agent and buyers.

However, in this case, it's a win-lose situation. Property agents will be laughing while buyers will be crying if they don't heed my advice.


Yesterday, the USA has raised its interest rates after 10 years, so Malaysia might also increase its interest rate in the future to prevent the Ringgit from falling further.

This means less people will be qualified to get a bank loan based on their existing income. When there are less qualified buyers, there won't be enough buyers for condos above 500 psf.

Oil price is dropping and that will also affect the inflation rate.

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

This post has been edited by jalsrix: Dec 17 2015, 07:40 AM
lifegoon
post Dec 17 2015, 08:00 AM

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QUOTE(jalsrix @ Dec 17 2015, 07:18 AM)
There are many property agents in this thread giving misleading info.

It must be a win-win situation for both property agent and buyers.

However, in this case, it's a win-lose situation. Property agents will be laughing while buyers will be crying if they don't heed my advice.
Yesterday, the USA has raised its interest rates after 10 years, so Malaysia might also increase its interest rate in the future to prevent the Ringgit from falling further.

This means less people will be qualified to get a bank loan based on their existing income. When there are less qualified buyers, there won't be enough buyers for condos above 500 psf.

Oil price is dropping and that will also affect the inflation rate.

http://www.thestar.com.my/business/busines...ates/?style=biz
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U saying people are Agent for this project, others saying u are Agent for subsale for that project. Actually who actually are agent also confusing people LOL.


Cocoon
post Dec 17 2015, 08:13 AM

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QUOTE(jalsrix @ Dec 17 2015, 07:18 AM)
There are many property agents in this thread giving misleading info.

It must be a win-win situation for both property agent and buyers.

However, in this case, it's a win-lose situation. Property agents will be laughing while buyers will be crying if they don't heed my advice.
Yesterday, the USA has raised its interest rates after 10 years, so Malaysia might also increase its interest rate in the future to prevent the Ringgit from falling further.

This means less people will be qualified to get a bank loan based on their existing income. When there are less qualified buyers, there won't be enough buyers for condos above 500 psf.

Oil price is dropping and that will also affect the inflation rate.

http://www.thestar.com.my/business/busines...ates/?style=biz
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I think you shouldn't worry for those who are going to buy this condo. In this kind of environment they must have thought it through carefully and their credit rating must be solid. Those who bought earlier and completed this year or next year are those that will be affected the most .... show your care to them hehe...
ATEC
post Dec 17 2015, 08:53 AM

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QUOTE(accetera @ Dec 16 2015, 04:50 PM)
My mom got a unit at Anjung Hijau. So far rental wise is good. But rental cannot move up much becoz not much of facilities.

The buyer profile for SkyLuxe is totally different. It will be tapping on those waiting list for Pavilion Park Sky, which many people are still looking for a unit. Pavilion Park Sky has a long waiting list... so I guess SkyLuxe can be a good alternative since the size composition could make it more affordable.

And btw, the meaning of affordable to Bukit Jalil folks today are between RM500-700k.
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I dont think there are so called "waiting list" for PArk Sky, visited their show office few week back and still have units available.
puchongite
post Dec 17 2015, 09:00 AM

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QUOTE(ATEC @ Dec 17 2015, 08:53 AM)
I dont think there are so called "waiting list" for PArk Sky, visited their show office few week back and still have units available.
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There it goes, the last chance for skyluxe to do well has been blasted into pieces by you !

sweat.gif

ATEC
post Dec 17 2015, 09:04 AM

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QUOTE(puchongite @ Dec 17 2015, 10:00 AM)
There it goes, the last chance for skyluxe to do well has been blasted into pieces by you !

sweat.gif
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sorry, i dont mean it. I always believe all property have their price. If the pricing right, there will still have demand. Skyluxe pricing still not available right?
SUSjalsrix
post Dec 17 2015, 09:26 AM

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QUOTE(ATEC @ Dec 17 2015, 08:53 AM)
I dont think there are so called "waiting list" for PArk Sky, visited their show office few week back and still have units available.
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Even if there is a 'waiting list', it doesn't mean the property is good.

In the past few years, there were many flippers who bought en bloc, these are not genuine buyers who reflect the real market. These are speculators and speculators cause property bubbles. Their motives is to sell once the property is completed, they can't hold long.

The scenario now.

1. Oversupply of high rise condo in Bukit Jalil

2. More difficult to get bank loan

3. RPGT has gone up

4. Condo price has stopped going up and may be going down

5. Interest rate is going up.

6. Interest free during construction is offered by some projects to encourage speculation.




Subsale is more difficult to speculate because there is no interest free during construction. You have to pay bank loan the moment the bank loan is paid to seller. Subsale reflects the true market value.






This post has been edited by jalsrix: Dec 17 2015, 10:02 AM
SUSjalsrix
post Dec 17 2015, 10:11 AM

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QUOTE(lifegoon @ Dec 17 2015, 08:00 AM)
U saying people are Agent for this project, others saying u are Agent for subsale for that project. Actually who actually are agent also confusing people LOL.
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If I am a property agent for subsale, then I would only promote one subsale condo and blast the other subsale condo but I didn't.

I present the pros and cons of each condo/apartment and let buyer decide. There are many other subsale condos in Bukit Jalil with lower psf and bigger land space. I won't list them out or else people accuse me of being a property agent for subsale. rolleyes.gif


This is different from property agent for this skyluxe who only promotes the pros but don't mention the cons (. laugh.gif

Pros:

new condo
walking distance to bukit jalil park
short drive to Pavillion 2
park view and golf view

Cons:

high density
too many floors in one block
small land area
cramped entry/exit to condo
expensive psf when compared to older condos
expensive maintenance fees



This post has been edited by jalsrix: Dec 17 2015, 10:12 AM
ryan@chua
post Dec 17 2015, 02:43 PM

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QUOTE(jalsrix @ Dec 17 2015, 11:11 AM)
If I am a property agent for subsale, then I would only promote one subsale condo and blast the other subsale condo but I didn't.

I present the pros and cons of each condo/apartment and let buyer decide. There are many other subsale condos in Bukit Jalil with lower psf and bigger land space. I won't list them out or else people accuse me of being a property agent for subsale.  rolleyes.gif
This is different from property agent for this skyluxe who only promotes the pros but don't mention the cons (.  laugh.gif

Pros:

new condo
walking distance to bukit jalil park
short drive to Pavillion 2
park view and golf view

Cons:

high density
too many floors in one block
small land area
cramped entry/exit to condo
expensive psf when compared to older condos
expensive maintenance fees
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Agree


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