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

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MEMC2
post Nov 28 2015, 03:10 PM

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There are only two groups of people who think Bukit Jalil is good for investment;

A) Inexperienced investors who always think property always up up up

B) Property sales agents who wanna earn a commission

Saw an earlier comment stating Skyluxe got exclusive park view, golf view and pavillion view. Wah, one common property also can blow till got mountain got water. I sibeh respect!
MEMC2
post Dec 6 2015, 06:09 PM

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QUOTE(mybenz @ Dec 6 2015, 05:48 PM)
Walk in the park for 490m? Too much as a selling point.
Point is valid. At night how to to walk? Grocery how? No covered walkway how? What a joke man
I don't dare to walk in the park in Malaysia even day time..  Silly selling point
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You have a point there
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?
MEMC2
post Dec 18 2015, 07:03 AM

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Skyluxe will do well. Anybody who thinks otherwise does not understand the supply side of Bukit Jalil. If ZR/KR are low end condominiums, then BJ has an acute shortage of mid end condominiums.
MEMC2
post Dec 18 2015, 01:17 PM

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QUOTE(puchongite @ Dec 18 2015, 08:57 AM)
Feeling in the stomach. LOL.

No doubt the market served by KR/ZR and pier are quite saturated, he is of the opinion that skyluxe is fitting the supply for demand in higher market range.

The higher market range isn't saturated yet ....

According to him KR/ZR are just low end .....which is saturated now.

ps: Just my interpretation.  tongue.gif
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MEMC2
post Dec 18 2015, 09:14 PM

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Looking at the stretch of prime land along Jalan Jalil Perkasa, there are not much land to develop anymore. Perhaps The Link 2 Phase 2 will flood the market with another 1000+ units. But then, it is not fair to compare The Link 2 with Skyluxe because The Link 2 is sitting on a mall.

Do you really think future launch at this freehold area is going to be less than RM 650 psf when building cost has gone up substantially??? Anyway, Skyluxe is not targeting first home buyers, middle income family or expatriates. Rental for this project after VP is going to suck.

To those who do not know, Skyluxe is targeting FAMILIES WHO WISH TO UPGRADE THEIR LIFESTYLE FROM THEIR EXISTING HOME THAT WAS BOUGHT MORE THAN 5 YEARS AGO.

At RM 700-800 psf, I doubt that Skyluxe is a good investment for the flippers. However, I can see the appeal of Skyluxe to potential buyers from BJ, Cheras, Sri Petaling, Kuchai and Puchong who are currently staying in their old apartments which have appreciated in value over the years.





 

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