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 Lake Point @ Cyberjaya - Freehold 3 Storey G&G, New Developement Info sharing

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TokyoBoy
post Nov 10 2014, 12:17 PM

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QUOTE(R o Y @ Nov 10 2014, 12:00 PM)
Currently we are pending the final details of the Deed of Mutual Covenants (DMC). For the moment the club house will be just for the condominium.

Phase 1 - 76 units 3 storey terrace
Phase 2 - 265 units condo in 25 storey block
Phase 3 - 187 units condo in 25 storey block
Phase 4 - 22 units 3 storey terrace

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Aiya.. How u control Clubhouse only for condo?
Strata landed no Clubhouse facilities... Means the landed maintenance cheaper?
kakicipan
post Nov 13 2014, 11:49 AM

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pm details please. tq
Mr.JJchampian
post Nov 13 2014, 12:29 PM

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so what the price for the link house now? still got rm798k? ... no already right?
hondaracer
post Nov 16 2014, 10:50 PM

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QUOTE(Mr.JJchampian @ Nov 13 2014, 12:29 PM)
so what the price for the link house now? still got rm798k? ... no already right?
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I was there last weekend ... All 'sold' out.
PeriPeri2014
post Nov 18 2014, 08:29 PM

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QUOTE(hondaracer @ Nov 16 2014, 10:50 PM)
I was there last weekend ... All 'sold' out.
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belum pergi sudah habis?? sad.gif


BBB??
Mr.JJchampian
post Nov 18 2014, 09:39 PM

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QUOTE(PeriPeri2014 @ Nov 18 2014, 08:29 PM)
belum pergi sudah habis??  sad.gif
BBB??
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i thik 7xxk de only 8 unit.... i go ask already 9xxk.... doh.gif
PeriPeri2014
post Nov 18 2014, 09:40 PM

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QUOTE(Mr.JJchampian @ Nov 18 2014, 09:39 PM)
i thik 7xxk de only 8 unit.... i go ask already 9xxk....  doh.gif
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aiyo...... doh.gif doh.gif
Mr.JJchampian
post Nov 18 2014, 09:44 PM

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Peri Kor aim for 1 mil landed lo..... rclxms.gif
but is the condo BBB?
PeriPeri2014
post Nov 18 2014, 09:47 PM

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QUOTE(Mr.JJchampian @ Nov 18 2014, 09:44 PM)
Peri Kor aim for 1 mil landed lo..... rclxms.gif
but is the condo BBB?
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bo la....is my brother


condo if 450psft than BBB la brows.gif
Cabinda
post Nov 25 2014, 02:25 PM

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what units left?
BEANCOUNTER
post Nov 25 2014, 02:33 PM

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QUOTE(hondaracer @ Nov 16 2014, 10:50 PM)
I was there last weekend ... All 'sold' out.
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shouldnt use the word 'sold'...bcos they are not legally binded and sold as such....

just non committal booked nia. They cant even bank in your cheque...just hold for security saja.
Cabinda
post Nov 25 2014, 02:40 PM

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QUOTE(BEANCOUNTER @ Nov 25 2014, 02:33 PM)
shouldnt use the word 'sold'...bcos they are not legally binded and sold as such....

just non committal booked nia. They cant even bank in your cheque...just hold for security saja.
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so its fully booked? developer borrow money to build or developer using their own pocket money to build?
meejawa
post Nov 25 2014, 02:46 PM

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Pls pm. Thanks.
BEANCOUNTER
post Nov 25 2014, 02:47 PM

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QUOTE(Cabinda @ Nov 25 2014, 02:40 PM)
so its fully booked? developer borrow money to build or developer using their own pocket money to build?
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yes as of two weekend ago they were fully booked.

dun know how developer find money to build. Does it concern you how developer fund their projects? how many see hoy chan around?

hornbill_78
post Nov 25 2014, 02:58 PM

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Buyer all from China?
Cabinda
post Nov 25 2014, 03:08 PM

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QUOTE(hornbill_78 @ Nov 25 2014, 02:58 PM)
Buyer all from China?
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dont think all china buyer.. its all below 1mil....
PeriPeri2014
post Nov 25 2014, 03:08 PM

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QUOTE(hornbill_78 @ Nov 25 2014, 02:58 PM)
Buyer all from China?
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i tot local tongue.gif
TSR o Y
post Nov 25 2014, 03:21 PM

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A simple Quantitative analysis of Lake Point Residence value proposition versus its closest competitor "C" Residence in Cyberjaya:

SIZE

Lake Point Residence:
Land Size = 22 x 70
Build up = 2892sf
Rooms = 5+1
Storey = 3

"C" Residence:

Land Size = 22 x 75
Build up = 2300sf (approx)
Rooms = 5
Storey = 2

In terms of price difference, Lake Point residence is approximately RM40k higher.

ANALYSIS:

"C" Residence is cheaper. But for approximately RM40k higher, a buyer for Lake Point Residence will get:

+ 592sf additional built-up space on a 3rd storey
- 110sf less land space

CONCLUSION:

If looking for the lowest entry cost landed in Cyberjaya, then "C" residence is the obvious choice. However by paying approximately +4.6% more, a buyer can get a bigger house +26% larger on -6.7% less land. If it were me, I would definitely pay slightly more to get a much bigger house.

NOTE: Both have 5 bedrooms but the Lake Point Residence house is 26% larger so it has an additional maid's room, family hall on 1st level and the room sizes should be slightly larger.

I am vested in Lake Point, but I believe I have made the analysis above as fair as possible and focused on Quantitative aspects. For Qualitative factors such as facade, location, etc, it really depends on personal preference.

This post has been edited by R o Y: Nov 25 2014, 05:56 PM
Tsuto
post Nov 25 2014, 03:24 PM

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Can the landed property owner use the condo facilities?
Cabinda
post Nov 25 2014, 03:38 PM

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with such a small land size and big car porch... the house will be not that spacious??

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