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 Islamic City township in Cyberjaya, Mixed Development Project

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icemanfx
post Sep 9 2019, 11:28 AM

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QUOTE(nexona88 @ Sep 9 2019, 11:00 AM)
Damn..
What happening to Malaysia...
Everything need related to religion.. to sell products & services....
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Many try to be holier than thou.

icemanfx
post Sep 11 2019, 09:43 AM

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Auction price of bumi units tend to be cheaper than non bumi units. By restricting ownership, subsale demand will be lower.
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.
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 😉
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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)
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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...
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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.
icemanfx
post Nov 9 2019, 10:38 AM

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QUOTE(Xaser_3 @ Nov 9 2019, 10:25 AM)
LOLz.......even the Malays house buyers are smart enough to know the cons of buying bumi lots/units. Goes to show how much thought the developer has given into their planning before launching this project. Definitely doom to fail. 
What to do, they never learn from their failures and improvise. Instead they continue to champion this kind of marketing strategy hoping to succeed. Wait to see how this project will go in the near future.
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If bod and management are political appointees, they are not personally liable for losses, many decisions are made to score brownie points.

 

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