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 Islamic City township in Cyberjaya, Mixed Development Project

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Xaser_3
post Nov 8 2019, 08:22 AM

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QUOTE(ryan_hustler @ Nov 8 2019, 07:50 AM)
Cant have dog, cant have party with alcohol, cant have religious function, cant put cross on door or mercun papan for cny or christmas tree decor. This is not islam anyway, its malaysian malay extremism and its happening everyday anyway. Imagine now all the bigots are grouped together in a city.

Anyway you think buying a property for rm1.5mil its gonna appreciate significantly in the next 10 years? For this price can get landed in hartamas with rental roi of minimum 8%
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Expected the capital appreciation for this kinda property/development is not doing to double or appreciate much, definitely not the next 10 years. Why even bother unless the buyer wants to be part of the religious statistic adhering to the rules and regulations set forth by the developer.
mroys@lyn
post Nov 8 2019, 08:43 AM

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islamic architecture + malay culture would be a good combinations. in fact the malay kampung house is quite nice.
EddieBrock
post Nov 8 2019, 08:46 AM

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Big red flag. As an investor, you don’t want this type of restriction. There is a reason why the best performing property class are those full with MNC expats.
kimchi rider
post Nov 8 2019, 08:54 AM

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It's ok, eventually will flop and new marketing strategy approach will be attempted by the developers. I.e "Welcome to the most tolerant neighborhood".
Xaser_3
post Nov 8 2019, 08:57 AM

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QUOTE(kimchi rider @ Nov 8 2019, 08:54 AM)
It's ok, eventually will flop and new marketing strategy approach will be attempted by the developers. I.e "Welcome to the most tolerant neighborhood".
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Typical and nothing new. When you can't kick the ball into the goal post, just shift the goal post to an ideal position where the ball can enter. In the end also fail to score πŸ˜…
nexona88
post Nov 8 2019, 11:25 AM

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QUOTE(Xaser_3 @ Nov 8 2019, 08:22 AM)
Expected the capital appreciation for this kinda property/development is not doing to double or appreciate much, definitely not the next 10 years. Why even bother unless the buyer wants to be part of the religious statistic adhering to the rules and regulations set forth by the developer.
*
Spot on..
Those who bought it needed to think carefully...
If u for long term & die here.. then okay. Just give to children later.. but if u intend to sell like next 10year or so.. be prepared...
Xaser_3
post Nov 8 2019, 12:12 PM

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QUOTE(nexona88 @ Nov 8 2019, 11:25 AM)
Spot on..
Those who bought it needed to think carefully...
If u for long term & die here.. then okay. Just give to children later.. but if u intend to sell like next 10year or so.. be prepared...
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Totally agree with the blunt truth about "long term & die here". It's might sounds crude but that is the reality of things if one decides to commit into buying a property in this development.
nexona88
post Nov 8 2019, 12:16 PM

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QUOTE(Xaser_3 @ Nov 8 2019, 12:12 PM)
Totally agree with the blunt truth about "long term & die here". It's might sounds crude but that is the reality of things if one decides to commit into buying a property in this development.
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But I observed one trends...

There people who bought property in KV won't stay forever.. until work time only..

After retirement.. all balik kampung... Home state...
Build one big mansion with don't know how many endless rooms / bathroom 🀣

Correct me if I'm wrong πŸ˜‰
icemanfx
post Nov 8 2019, 12:24 PM

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"holier than thou" living concept is nothing new e.g shah alam, putrajaya. How much price could appreciate is on record.
nexona88
post Nov 8 2019, 01:33 PM

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QUOTE(icemanfx @ Nov 8 2019, 12:24 PM)
"holier than thou" living concept is nothing new e.g shah alam, putrajaya. How much price could appreciate is on record.
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U mean the ban on alcohol, pork & dogs?

Xaser_3
post Nov 8 2019, 01:57 PM

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QUOTE(nexona88 @ Nov 8 2019, 12:16 PM)
But I observed one trends...

There people who bought property in KV won't stay forever.. until work time only..

After retirement.. all balik kampung... Home state...
Build one big mansion with don't know how many endless rooms / bathroom 🀣

Correct me if I'm wrong πŸ˜‰
*
You are absolutely not wrong about this. Post retirement, not many people want to continue living in the city or urban areas. Most prefer the suburbs or smaller towns with land and less density. But lately, there is a new trend amongst the elderly group. They prefer to sell off their big landed property and move to a super condo or medium sized condo, single floored or single storey houses (which is very rare these days)
kevyon6
post Nov 8 2019, 02:04 PM

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so basically its a modern kampung la right?
nexona88
post Nov 8 2019, 02:14 PM

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QUOTE(Xaser_3 @ Nov 8 2019, 01:57 PM)
You are absolutely not wrong about this. Post retirement, not many people want to continue living in the city or urban areas. Most prefer the suburbs or smaller towns with land and less density. But lately, there is a new trend amongst the elderly group. They prefer to sell off their big landed property and move to a super condo or medium sized condo, single floored or single storey houses (which is very rare these days)
*
Yup. Realized the new trend of moving into low density condo...
Security is one of the reason.. while easy maintenance too...
Xaser_3
post Nov 8 2019, 02:31 PM

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QUOTE(nexona88 @ Nov 8 2019, 02:14 PM)
Yup. Realized the new trend of moving into low density condo...
Security is one of the reason.. while easy maintenance too...
*
Security and maintenance is the key priority especially when they are retired. The hassle of climbing up the steps to the 1st floor is another.
stopandroll
post Nov 8 2019, 02:31 PM

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QUOTE(DinKnight @ Sep 9 2019, 06:01 PM)
Actually you are correct. It is not in Cyberjaya, it is in Selangor Cyber Valley.
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If you follow postcode and address, it is still _____________,Selangor Cyber Valley, 63000 Cyberjaya, Selangor.
While Cybersouth is not Cyberjaya, it's actually Dengkil.
Xaser_3
post Nov 8 2019, 02:34 PM

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QUOTE(stopandroll @ Nov 8 2019, 02:31 PM)
If you follow postcode and address, it is still _____________,Selangor Cyber Valley, 63000 Cyberjaya, Selangor.
While Cybersouth is not Cyberjaya, it's actually Dengkil.
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LOLz......yes it is very misleading if one doesn't take a second or closer look at it.
Clement1001
post Nov 8 2019, 02:45 PM

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If you mass market a product base on race and religion, expect to take risk 3 fold on your investment.
icemanfx
post Nov 8 2019, 03:58 PM

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QUOTE(nexona88 @ Nov 8 2019, 12:16 PM)
But I observed one trends...

There people who bought property in KV won't stay forever.. until work time only..

After retirement.. all balik kampung... Home state...
Build one big mansion with don't know how many endless rooms / bathroom 🀣

Correct me if I'm wrong πŸ˜‰
*
QUOTE(Xaser_3 @ Nov 8 2019, 01:57 PM)
You are absolutely not wrong about this. Post retirement, not many people want to continue living in the city or urban areas. Most prefer the suburbs or smaller towns with land and less density. But lately, there is a new trend amongst the elderly group. They prefer to sell off their big landed property and move to a super condo or medium sized condo, single floored or single storey houses (which is very rare these days)
*
QUOTE(nexona88 @ Nov 8 2019, 02:14 PM)
Yup. Realized the new trend of moving into low density condo...
Security is one of the reason.. while easy maintenance too...
*
Retiree income is substantially lower. With less than 4% of adults in this country have over us$100k net worth and most of their assets is their primary home. Many retirees have no choice but move to cheaper abode.
nexona88
post Nov 8 2019, 04:48 PM

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QUOTE(icemanfx @ Nov 8 2019, 03:58 PM)
Retiree income is substantially lower. With less than 4% of adults in this country have over us$100k net worth and most of their assets is their primary home. Many retirees have no choice but move to cheaper abode.
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This is so true...
Must find all ways to cut cost & life minimum
Xaser_3
post Nov 8 2019, 06:21 PM

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QUOTE(icemanfx @ Nov 8 2019, 03:58 PM)
Retiree income is substantially lower. With less than 4% of adults in this country have over us$100k net worth and most of their assets is their primary home. Many retirees have no choice but move to cheaper abode.
*
That is really sad but the reality. That's why must work and save enough to be within the 4% bracket.

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