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

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lifegoon
post Dec 15 2015, 05:46 PM

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QUOTE(why.key @ Dec 15 2015, 05:22 PM)
Seem like subsell agent getting desperate. Between how many able to fork out large amount for down payment and legal fees compare to new launch 3% dp or even 0 dp.
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For Condo more than 10yrs old with selling just RM100-200/ft2 dont see a good buy. Many thing need to repair, lift, piping, roof, swimming pool, electric cable..... many unforeseen or hidden.
upfront cost higher, cause bank may not value as it.
cheaper from paper but after add in all repair cost still not sure, further condo is sharing building not easy to do repair.
for condo better go for new development or just VP 2-3 yrs, or else more than 10yrs better get landed u wanna repair don need get permission or u waanna demolish and rebuilt also can, single become double , double become triple also can. No kacau and more freedom.
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.


lifegoon
post Dec 18 2015, 02:00 PM

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How u all judge a development whether is it highend, mid-highend and midend.
by facilities? by number of unit? by it density?
Actually it is just agent or developer creating something that buyer feel it is worth to buy.
For me it is simple whatever class of a condo or landed, the classification is base on the type of residence who staying there. For example, just assume if majority resident in a condo are millionair in USD even that is a apartment with no facilities it also a highclass places ma.
Whatever level super higiend, highend, mid-highend and midend just to create an attraction point by developer marketing team.
lifegoon
post Dec 18 2015, 03:24 PM

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i think most people will come to his mind is
finishes and material used for that unit which also equal to quality of delivery.
Unfortunately, we cannot know whats the end product that we will get eventually. in SnP just a very simple and basic description of specification of the project/ unit. You donno what flooring, bed room & bath room fitting, electric cable, even a lift that we will get. We are just base on the show room or brochure to imagine what it will look as it.
Back to quality of work we don even get assume in SnP. Some developer said i get wat international certified but we don get assume that the min score in SnP. If fall bellow that Score what we will get compensate just like the area of the unit.

 

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