Yes. Timing is a very crucial aspect for someone who is buying and selling too.

See the timing of 2010-2012, when property market upwards, almost everyone is selling and buying.

Now is the stagnant market, almost everyone is holding or choosy to buy and sellers are worried to sell n reluctant to hold as expected.

Its not only applicable to new townships but almost entire KV except the more liquid projects. A lot of shoebox facing hard time too. 2016 would be worsen as this is the period where all majority RM 550-650 psf props are going to deliver. I cant see most of these easily to flip with an extra RM 100 psf. Not sure anyway. ROI on rental for these pool of apartments shouls be lesser too.

For townshio like BR, its better to plan for ROI on appreciation rather than ROI on rental.

Hahaha. same happen to phase1-5.

Yah.... now is the buyer market. Buyer are spoiled with choice and option. For investor, mostly are "WAIT" for the dead chicken. For those need a "HOUSE" immediately, you can choose the one best suit you as there are too many for you to choose. Many can't wait to "OFF LOAD" now

With the current market conditions, it would be a bit tough for early phase owners to flip, then comes along the number of units available and this is almost 2000 acres township.

Even on good market conditions, Chimes and Perennia also might be doing so so upon VP because the value of the township is coming but not approached yet. There are a lot of deciding factors into buying.

Even DPC properties, it did not have massive appreciation upon VP but after 5 years. Some subsale buyers are more untung than their predecessors given a same RPGT bracket were given.

Above would also applicable to SEH and EM, but I believe most buyers also aware of it.

I dont think the slow of Chimes is caused by Penduline coming up. The price is almost on par but the entry is different but a bit subjective. Imo, there are some Chimes on market are a lot cheaper.

When a prop approaching a price tag of RM 600k+, on the shoes of real buyers, they will consider the size of 22x75 vs 20x70 whether which is buyable. Based on land size alone, it differed about RM 100-120k. If Penduline is selling RM 650k, means on same value on Chimes should be around RM 750k min, I deduct the S&P and MOT upon subsale, RM 720-730k for a Chimes is still worthy challenge compare to Penduline, however the 2 yrs interest could be a deciding final element, where if buy Penduline the 24 mths progressive interest is approximately RM20k ono but to hold 2 years on Chimes vacant unit was about RM 60k interest.

Furthermore, Penduline is only 2-3% discount. So those who really intend to buy BR and move in, I believe Chimes size and supply ( good price ) would be huge factor for them to buy rather than wait Penduline. On the other way, those waiting for Penduline might have their own reasons, probably due to 2 yrs construction stage and minimal cash flow outlay bfore the BR emerge to another level in 2-4 years period.

Ya. Quite.

I not sure but I expected the price now vs the price in next 12 mths, not much difference but stagnant. Or else, at most at 5% increase. Not easy.

At this market, I also trying to sell one first and use the fund to slowly hunt a good landed next year.

Bro, with this type of market condition why not wait later first to sell rather than sell one of your prop now?

For investor, mostly are "WAIT" for the dead chicken - Agree
For those need a "HOUSE" immediately, you can choose the one best suit you as there are too many for you to choose - Agree

But in fact, i realize surround me have another group of people (Mostly is young and around late 80 or early 90) that not investor, but own stay and wish to have a landed house and stay in next 2-3 years (due to planning marry or have family) and feel at this moment cant cant outlay too much cash

I found a dead chicken
But i'm not investor, i'm buyer for own stay in future.

Hahahaha.. Yes, own stay found dead chicken is the most Happy

The mosque land is quite big... less than 500m away from Penduline entrance?

How much the dead chicken u found? share your hapiness la..

Pity the seller, must be cursing IJM like crazy ROI so lousy!

Worried of my cash flow next 1-2 year. Taking few VPs now until the end of 2016. Somemore I nvr sell anything since 2010. Wanna dispose 1 to keep my remaining new units vacant.

How many props u bought that are taking VPs bro? Since cannot sell at good price now, why not rent out the units & top up the balance? At least keep another 2-3 years to get a better price before selling.

No good to share here.
Hmmm, seller didn't make any profit, that's all.

Another unit, seller still need to rugi. But this unit location not so nice. So i didn't choose this.

Sorry to ask if it has been answered,.. Where is the nearest lrt/mrt station for this area?

nearest would be the future putra height lrt station

ROI so lousy because of the market condition, nothing wrong with IJM.

You consider "UNTUNG". Last time ppl must ballot in order to secure one unit

For own stay, after few year can upgrade to a bigger house already

Hehe... I think nowadays (esp at this market) not so easy to make handsome return upon vp, more so for a township that is just at the quite beginning stage.