Ha ha.... may be we can open one table for Rimbayu buyer gathering.....

Non Rimbayu buyer can join bor??

Buy one here and you may then can join loh...... Give you 1,500 still got 1,500 for us to open table..... ha ha ha

This post has been edited by phonixloo: Nov 25 2014, 04:46 PM

hohooho....good

Bandar Rimbayu Phase 3 launch set for early next year

4 Dec 2013

BANDAR Rimbayu Sdn Bhd, an associate company of IJM Land, is expecting to launch Phase 3 of Bandar Rimbayu by early next year, following good take-up rates in the first two phases.


Bandar Rimbayu, a township designed based on the green city concept, is spread over more than 761ha close to Kota Kemuning and the Kota Permai Golf Course in Shah Alam, Selangor.


IJM Land Bhd managing director and chief executive officer Datuk Soam Heng Choon said: "We have clocked in RM600 million in sales. Phase 3 is due to be launch early next year. We estimate the gross development value to top RM400 million."


On the whole, the RM11 billion Bandar Rimbayu is expected to cater for a population of 50,000. Its development is being stretched over the next 12 to 15 years.

The new township is currently framed by three highways - Elite, Kesas and the South Klang Valley Expressway.


Soam said a big part of Bandar Rimbayu centres on community interaction.

Dubbed the "Arc", a community facility with a field and a huge turfed roof houses the project's site office, sales gallery and space for kiosks and all manner of activities intended to foster community living.

"The whole covered area doubles as an activity area for the community, like flea markets, carnivals and recreational sports," he said at a briefing, here, yesterday.

Also present were IJM Corp Bhd executive deputy chairman Tan Sri Krishnan Tan Boon Seng and IJM Corp chief executive officer and managing director Datuk Teh Kean Ming.

Soam said crime prevention has being incorporated into the project in that the Bandar Rimbayu neighbourhoods are designed so as to prevent outside traffic from passing through.

"If (the residents of guarded neighbourhoods) want to put up fences, they can, provided the majority of the residents agree. So when they stay here, they must be ready for it. They must sign off from day one to say that they consent to such a scheme."

To encourage the use of public transport, shuttle service will be provided to the nearest light rail transit (LRT) and bus stations.

"The nearest facility will be the upcoming Putra Heights LRT station," he said.

"The other form of connectivity is Internet connection - there is fibre to high-speed broadband connections," Soam said.

To recap, Bandar Rimbayu was previously known as Canal City. The previous state government had offered the land to Kumpulan Europlus Bhd in exchange for a flood mitigation programme that would have entailed the construction of an 18km canal connecting Sungai Klang to Sungai Langat over 2,187ha.


The land was alienated to Canal City Construction Sdn Bhd, a unit of Radiant Pillar Sdn Bhd, which is undertaking Bandar Rimbayu.

Three months ago, IJM Land tightened its grip on Bandar Rimbayu to a 60 per cent stake, allowing it to consolidate the results of this development.


More: http://www.btimes.com.my/articles/ij...#ixzz2mSjlTQ5P


Our perimeter fencing got hope

This post has been edited by zzzhhhzzz: Nov 26 2014, 12:40 AM

Hahaha. IJM must help to make fencing success, else they are really do not know what market want.
This will influence the public confident to stay in Bandar Rimbayu also.
If phase 1-4 successfully fence up nicely and proper boom gate, the appreciation will top up at least 15%.
I believe the Canal City Status will same with Setia Alam + Setia Eco Park another 5-6 years.

i hope can turn our individual title into almost a full GnG household... with perimeter fencing and cctv that we will need a strong RA to get this across... hopefully all phase 1-4 RA can cooperate and maybe employ same security company for economy of scale ....

with their good corporate social responsibility n high corporate governace practice, fencing issue is consider a small thing for them. they had bot the landbank at a very cheap price n they also can build another arc. ijm is the right developer to develop a big township n to make it a big success so that ecoworld n tropicana will do better or at least the same par by comparison. btw, ijm land was fully privatised n going to b part of ijm corp. why do they wan to restructure? for sure the gearing ratio is going to b lower n there is a hidden value from ijm land...one of them will b bandar rimbayu. wht i can say is the price will continue to appreciate...especially landed properties

Sometimes we are paying the future value especially for those big project by big developer.....

1st time see you, good analysis
You also Rimbayu house owner?

I would really like to agree with you but you base on an assumption that the house price will definitely increase. Unfortunately property prices are much softer now compared with 3 years ago.
I also hope Rimbayu will have good market value because I also own a unit here.

Yes, market softer. Which phase? Plan to stay?

Definitely the Market for property is softer now. If you buy for own stay (for more than 5 years times), you are definitely in the 'gain' sides. But for fast money, no guarantee.

As you can see, the whole project of RIMBAYU will take 10-15 years for fully develop, if developer can't make the first few phase appreciate..... I will consider the whole project failed. They won't make 'big' money out of the project...... How the CEO going to report to the shareholder. How they are sustain their profit margin of 20%......

cheers.....

maybe for some location..... but what about new township market?

Project size and location is very important. Like Canal City (Rimbayu, ES, TA combine) will be a very sizable project. Location wise just next to KK. Some of the best location you can bet on it



This post has been edited by phonixloo: Nov 27 2014, 02:30 PM

How you think the power of each individual developer? each of them also are top 10 developers. But when build together, how do you think? Some more not build house, 3 of them building township. you can feel the impressive of next 5 years.

This post has been edited by eastken: Nov 27 2014, 02:41 PM


Attached thumbnail(s)

Phase 2, plan to stay

This post has been edited by aobk84: Nov 27 2014, 04:01 PM

Actually to be a little pessimistic, if after 5 years the owner plan to stay, I don't see the real gain unless they willing to sell. It's like stock market, you only realise the gain once you sell.

wht i can say is the price will continue to appreciate...especially landed properties


i oso think like that

I also agree but just want to make a point not necessary sure will always go up. Must prepare if it stagnant also.