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 Cyperus Serviced Residences, Tropicana Garden Phase 4

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Minolta
post Nov 1 2014, 05:38 PM

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Phase 1 sapu lap lap leng

Phase 2 sapu not so leng

Phase 3 sneeze oso can hear.

Market slow kah or even sticker game kennot help?

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Minolta
post Nov 2 2014, 11:58 AM

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QUOTE(winner takes all @ Nov 2 2014, 11:07 AM)
I though present pricing for Cyperus is fair, though not to the liking of Bayberry buyers. If not for the uncertainty that looms ahead next year, sales would probably have been good. The same sentiments can bee seen across many propertylaunches of late.

I see this reasonable pricing of Cyperus as an opportunity for late commers to take position in Tropicana Gardens. When Trop announces some big names for the mall, operators or tenants  - Lafayette ? Takashimaya ?? perhaps ? there will be excitement once again and prices will be very different. They have already started by bringing in Jerde to the fore and the mall looks much better then the previous version.

This mall is huge ! and probably the only one around that overlooks a lake and a massive patch of green. I think that the F&B facing the golf course will be very happening.  It is in the interest for Trop to make the mall work at what ever cost so that they can eventually sell it to a REIT and cash out.

Sales person informed that Trop gardens is marketed extensively overseas. not sure how has the response been  thus far. But when the overseas investors come in droves, many will say "I should have known better" Excitement generated at RRI land launches will push prices in that general area one notch higher.

Was just thinking - land prices up, material prices up, wages up, compliance cost up, population increasing how is it possible that prices will crash ?  Will RM700k be the new normal for affordable housing in a couple of years ?

Like Jack Ma said - " today is difficult, tomorrow is more difficult, but the day after tomorrow is going to be beautiful. Many people die tomorrow  evening."

Hang in there fellow Bayberry buyers, lets wait for the slew of good news from Trop. (Trop - better do your part yaa!!!)  After the GOM rakes in the $$ from GST next year, there will probably be big gov spending pre election come 2017 and all the economic pistons will be firing again - that's when VP of Bayberry will be !

Let's decide then if the present launch price for Cyperus is a good buy - deal ?

Comments ?
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You ask for Comments? ok.

Your post sounds a tad overly optimistic at current market situation. Hopeful for good tenants, hopeful for price increase driving real prices up, hopeful no downturn to affect market prices, hopeful gov will spend money from GST into projects and not enrich themselves, hopeful that next blocks will be even pricier, and hopeful that the mall will do well.

For a balanced opinion, maybe you can include your real worries.


This post has been edited by Minolta: Nov 2 2014, 11:59 AM
Minolta
post Nov 4 2014, 05:41 PM

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Kepoh went to sales gallery today. So quiet. Only customer. 6 or 7 sales staff. Pretend interested, ask to see sales chart.
This one no sticker game for sure....coz they dun dare put sticker to indicate sales, onli use pencil to cross out. If put sticker, sure look more empty.
Sales so far? 20%. Mostly 981sf overlooking golf course wan. Studio nobody wan. even though absolute price cheaper.
Sales person say only open to "members" so far. No public launch yet. I then ask if I wan to buy how? Then she smile and say can, no problem. But I not member woh. She then say coz I lengchai, wink wink at me. I smile back, she smile back.....err....ok, too much details.

But then I broke her heart. No money to buy, so say thank you. Face change terus. I then tekan minyak lari.

Moral of the story? U not member dun play play ah. Only member can buy now. No wonder sales already 20%. If open pubic, i mean public, sure habis edi lol
Minolta
post Nov 4 2014, 05:47 PM

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QUOTE(rainman19 @ Nov 4 2014, 05:44 PM)
buddy
lenchai cannot win against $$$
haha
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When pretty sales girl say u lengchai, 99%, they wan ur money rather den body....
Minolta
post Nov 5 2014, 03:19 PM

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QUOTE(BEANCOUNTER @ Nov 5 2014, 09:41 AM)
1 million gross or net rentable space mall?
I thought the mall is a lot smaller than 1mil nettable space.
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The bigger they are the harder they fall.

Problem numero uno with this is accessibility. The MRT is a plus, but how many family out there take MRT together-gether to go mall. Just look at how successful curve/ikea/MV/1U without MRT. Car access is number 1.

Even TCM has much better accessibility but the mall is so-so nia.
Minolta
post Nov 6 2014, 10:40 PM

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QUOTE(Babizz @ Nov 6 2014, 02:30 PM)
yes u see their new plan.. the shorter tower in btw bayberry and Cyperus  biggrin.gif that's their hotel which is like only 12-15 storeys if im not mistaken..
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That tower is their corporate tower.said to be moving their office from TCM to this tower. apparently confirm edi. Where got hotel?
Minolta
post Nov 11 2014, 02:26 PM

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QUOTE(Kicimiao66cc @ Nov 10 2014, 11:42 PM)
80 units consider quite good sales already lo. Assuming each unit price average at 800k mean it's rm64 millions sales. Still bad?
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No No Its super good. HOT HOT HOT. So hot that if u want unit can just go and pick any. Market so slow now that 20% sales oso call HOT edi icon_rolleyes.gif
Minolta
post Nov 11 2014, 10:48 PM

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QUOTE(Babizz @ Nov 11 2014, 03:25 PM)
Yeah, Clearwater is in a top resi address (less commie activities). But, what's the most cool/soft launch in Oct/Nov?
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The Hottest of the coolest goes to.......drumrolls........c....y.....p.....e.....r....u....s.......
Minolta
post Nov 12 2014, 01:33 PM

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QUOTE(PeriPeri2014 @ Nov 12 2014, 06:42 AM)
R u sure?? smile.gif
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R u not sure? smile.gif
Minolta
post Nov 12 2014, 01:43 PM

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QUOTE(Headlight @ Nov 12 2014, 01:34 PM)
Anyone can guess what is the name for the 4th block? It must be started with 'D'......A, B, C then D........Dorchester?
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D.....for Die Die Die or Down Down Down rclxms.gif
Minolta
post Nov 14 2014, 11:34 PM

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QUOTE(Kicimiao66cc @ Nov 14 2014, 10:37 PM)
Why so negative? Tropicana con you before?
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Eh on the contrary. I am hoping this project go up to sky rclxms.gif

But see see going to longkang. Stating the obvious onli. Paiseh paiseh
Minolta
post Nov 14 2014, 11:45 PM

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QUOTE(Babizz @ Nov 14 2014, 11:40 PM)
Haha if i bought TG n haven't sign the SnP, i'll cancel liao cos luxury apartments in KL also not price increase, how Kota damansara wanna increase  tongue.gif
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TG go up, KD sure follow. TG do well, Sunway mall construction sure follow. rclxms.gif

Minolta
post Nov 15 2014, 02:07 PM

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QUOTE(PeriPeri2014 @ Nov 15 2014, 01:41 PM)
wan like this meh ??  biggrin.gif  biggrin.gif
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depends on situation mah. Later can sell mah rename loh rclxms.gif
Minolta
post Nov 19 2014, 11:00 PM

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QUOTE(PeriPeri2014 @ Nov 19 2014, 10:49 PM)
newb  biggrin.gif
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new, old, all oso tok same thing wan rclxms.gif
Minolta
post Nov 19 2014, 11:04 PM

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QUOTE(PeriPeri2014 @ Nov 19 2014, 11:02 PM)
I oni talk cock  wink.gif
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this forum is best place for all kinds of kok....i mean tok.... rclxm9.gif
Minolta
post Nov 19 2014, 11:21 PM

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QUOTE(PeriPeri2014 @ Nov 19 2014, 11:08 PM)
wow .....u same as me??  rclxm9.gif  rclxm9.gif
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u never go to the LYN most famus thread yet leh? shocking.gif
Minolta
post Nov 19 2014, 11:24 PM

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QUOTE(PeriPeri2014 @ Nov 19 2014, 11:22 PM)
which 1?? shocking.gif
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https://forum.lowyat.net/index.php?showtopi...&#entry71542858

but beware this one post no count wan biggrin.gif
Minolta
post Nov 19 2014, 11:26 PM

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QUOTE(PeriPeri2014 @ Nov 19 2014, 11:25 PM)
but why??
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becoz its.....all about kok tok nia

 

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