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Investment Bandar Rimbayu V4, The Township Nature Perfected, Green Township by IJM Land

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BRE
post Nov 16 2015, 12:23 PM

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QUOTE(phonixloo @ Nov 16 2015, 01:13 PM)
Existing Chinese school in KK is full every year.  Some children already sent to area like Putra Height / Klang.  This is current condition for KK at the moment.
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Serious bro, KK parents send their kids to Chinese school in PH? blink.gif

Then IJM, EW and Tropicana should get a Chinese school to be opened in Canal city la, 1 international school should be enuf la, dont need 3 for BR, TA & ES!
BRE
post Nov 16 2015, 03:48 PM

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QUOTE(athur @ Nov 16 2015, 03:36 PM)
How bout the integrated school in the plan at br? Is it a sekolah wawasan aka smart schools?
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So far the only wawasan school is in USJ, not sure why gomen dont want to have more in other parts of Bolehsia? hmm.gif
BRE
post Nov 16 2015, 04:49 PM

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QUOTE(shohoku1 @ Nov 16 2015, 05:44 PM)
I eyed on this 1 week ago...but decided to let go...plan to save money buy subsales better lor...coz if buy now...will all in my saving...the economy not good...so better save enough money for subsales...some more it is my second house...dont1 to waste the chance of getting 90% loan for my 2nd house...haizz
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Bro, u preparing for dead chicken next year? biggrin.gif All the 100+ ppl who bought Penduline maybe 50% would have bought Chimes or Perenia if no Penduline is launched, so more dead chicken coming! biggrin.gif

There are so many choices in the market bro, dont just eye BR only - go visit the other sites also and compare the pros & cons with BR before you decide.
BRE
post Nov 16 2015, 04:52 PM

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QUOTE(phonixloo @ Nov 16 2015, 05:50 PM)
Ha ha....

South direction..... additional
No 8, 18, 28, ..... additional
Facing field ..... additional

IJM really know how to make money  tongue.gif

Their boss Chinese, they know what the Chinese want.....  brows.gif
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Normal la bro, non Chinese Co like SDP oso doing the same thing la! biggrin.gif Their selling prices oso nice 333,888! biggrin.gif fat tat lo if u buy this prop! nod.gif
BRE
post Nov 17 2015, 09:30 AM

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QUOTE(mkdreamervl @ Nov 17 2015, 10:18 AM)
This will help your leasehold worries.

http://www.starproperty.my/index.php/artic...old-properties/

Rimbayu leasehold expires on 2111 , 96 years remaining.

Regarding phases, Rimbayu says that they launch new phases when the current phase is 70-80% sold until they fulfill the master plan.
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By the time VP, only 94 years left so leave it to the next generation to bear the lease renewal premium if they intend to make some profit from it. Need to wait 2 years to renew the lease! blink.gif So long?

In the future, the market value would have increased and rebate also may reduce, so better inform your children in advance on this and ask them to save money starting now to renew the lease in the future! biggrin.gif
BRE
post Nov 17 2015, 12:11 PM

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QUOTE(wong8981 @ Nov 17 2015, 11:37 AM)
welcome back~~~
we are back to leasehold vs freehold rclxm9.gif rclxm9.gif

Guru BRE mind to share any freehold development that offer something similar to BR ? in terms of pricing/concept/size/township planing, so other potential buyers will have more choices to choose and compare. Setia Alam is well known already and i think potential/existing buyers here already know why they pick Canal rather than SA.
i bet your comment will be even more constructive if added with this info hmm.gif
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Me no guru la, u r the mahaguru la! biggrin.gif

Very hard to find other townships which has similar features and size like BR la taikor! Maybe can compare BR with freehold bigger townships like BA, SEH, EM, BPB, Serene Heights etc.

Pricing wise, Penduline is not cheap at all as there are a few other bigger DSLs in freehold townships that are cheaper but township planning different la.

For buyers, they must compare the overall features before deciding which prop to buy. As the townships are new, it would be difficult to compare the friendly environment la, can only see it in the masterplans and hope the developers deliver their promises.
BRE
post Nov 17 2015, 12:47 PM

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QUOTE(wong8981 @ Nov 17 2015, 12:24 PM)
this is why i said canal buyer themselves know why they are vested here, i will not know as i am not mind reader.

as i also mentioned in my previous comment, nobody will know how vibrant is canal, all vibrant are foreseen ONLY. and i even asked what to do with vibrant commercial vs residential, residential has to be comforting, for me they are nothing to do with each other.
myself i feel comfort when otw from kk to canal, maybe the actual is i fell in love with kk hmm.gif however i cant afford kk, too bad, so i choose to be the neighbor. LOL...
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Guru Wong, if you can't afford prop in KK then how come u got money to u sapu a unit in ES? hmm.gif ES's prop cheaper than KK? biggrin.gif
BRE
post Nov 17 2015, 03:16 PM

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QUOTE(eastken @ Nov 17 2015, 02:51 PM)
The package as what Wong8981 mentioned. Add on, incentives for the units include a 12 to 24-month instalment plan that covers part of the down payment. To qualify, buyers must use their RHB, Maybank or CIMB credit card to pay the amount.
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Good effort from IJM! thumbup.gif This instalment plan cover up to 30% of the purchase price bro or 1st 10% only?
BRE
post Nov 17 2015, 03:18 PM

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QUOTE(wong8981 @ Nov 17 2015, 02:09 PM)
Worry ? No.
Myself wish to learn from both Guru, i got some 'east and west' answer from Guru BRE, do you have any nice nice place to intro ? brows.gif

Not potential anymore, loaded with debt, but still some potential buyer asking if this is a good or bad buy in this thread. More comment and more choices is good, price will be competitive.
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One new township on the north Elmina to compare, freehold & SDP is launching similar 20x70 & 20x60 DSL price from 670K for the bigger one, smaller one around 620K.
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post Nov 17 2015, 05:50 PM

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QUOTE(klangvalleyrookie @ Nov 17 2015, 06:41 PM)
For those ppl that only get 70% ltv ratio, if eligible for 30% interest-free installment is a very good deal. Plus u get so many credit card points ler....... drool.gif
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Yeah, imagine instantly get 200K points! drool.gif Can redeem lots of things lo! biggrin.gif
BRE
post Nov 18 2015, 03:30 PM

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QUOTE(tkh_1001 @ Nov 18 2015, 02:45 PM)
I think still have 400 over units in total
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Any idea how many % increase in price for the next phase bro?
BRE
post Nov 18 2015, 03:42 PM

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QUOTE(tkh_1001 @ Nov 18 2015, 04:35 PM)
not sure bro

but SA told me about 700k should be the max price for intermediate

gotta double check tho
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Wow 700K max for a 20x70 inter DSL? blink.gif Sales will slow down progressively as IJM progressively increase the price in the future launches?
BRE
post Nov 19 2015, 02:47 PM

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QUOTE(propusers @ Nov 19 2015, 03:36 PM)
side track a bit.. dead chicken also can be found in Alam Impian now...
Info from agent
Alam Impian Sephira DSTH 22x80 facing field, build up 2611 sqf, S&P price launched in 2011 is 681K before discount. Early bird rebate 3% during 2011 launching

Sold few months ago with transacted price 770K.

Gross profit = 770K - (681K-3% discount) = 110K
Interest during construction (Loan 90%) = 613K*2% = 12K
Interest after VP (Hold 2 years from 2013 to 2015) = 613K*4.4%*2 = 54K
Agent fee for selling = 770K*2% = 15K

Profit = 110 - 12 - 54 - 15 = 29K (not yet minus lawyer fee, MOT, etc)

Investor earn minimal/nothing in this case after 4 years.
Buyer found good deal in this case.
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Dead chicken! biggrin.gif This year is the wrong year to let go props la! The seller should have hold on another 1-2 years & rent out the prop in the mean time. AI prices are not cheap but 2611sft is huge!

Nt sure can get Chimes & Perennia dead chicken now or not? brows.gif
BRE
post Nov 19 2015, 03:03 PM

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QUOTE(gks @ Nov 19 2015, 03:49 PM)
It depends on how quickly the township is filled with real owner occupiers and tenants.

Not easy to rent out landed property as the reno cost can be high and rental yield is not attractive. some owners rather use the fund to hold it empty rather than spend it on renovation.

In perspective, my fren rented out his AI Citrina for RM3500 which only worked to be 3% rental yield based on developer price.
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Bro, 3500 good rental leh, corner unit? Just spend minimal cost la like lights, fans, grille to rent out the prop, at least the rental can cover the instalment partially, if holding power not strong enough.
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post Nov 19 2015, 03:04 PM

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QUOTE(propusers @ Nov 19 2015, 04:01 PM)
this property should sell at 800K~820K this year to secure more profit, but market not so good this year.

the investor might have cash flow issue. Monthly installment is around 3k. He/she already tahan for 2 years after VP. But unfortunately now is buyer market.
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Should have rent out the unit for maybe 1500 or 2K to cover the instalment, top up the balance & tahan for another 1-2 years la to wait for the prop market to recover.
BRE
post Nov 19 2015, 03:24 PM

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QUOTE(gks @ Nov 19 2015, 04:05 PM)
definitely need to spend more to secure this RM3500 rental inclusive built in kitchen.

Which is precisely where i am coming from where you need to spend quite substatially to rent out at reasonable price and even that the yield is low. For some owners, they rather just use the reno fund to hold the installment. And therefore most of the time you observe it will take longer time to fill up landed development since most investors are not keen for rental market.
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Yeah, investors for landed prop of course are looking at capital appreciation bro, so they will keep their prop until it can fetch a good value. If they have strong holding power, they will keep it empty or if not, have to rent out no choice to hold on to it.

So if it's a bare unit then maybe rental only abt 1500-200 pm? blink.gif The investor should spend a bit more one shot on reno and get better rental in the next 2-3 years before selling it at a good price in the future, rather than saving on the reno cost but get low rental in the next 2-3 years.
BRE
post Nov 19 2015, 03:44 PM

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QUOTE(gks @ Nov 19 2015, 04:28 PM)
Talk is cheap bro. Everyone always claim they have holding power. You need a lot of faith to hold empty without rental income and not sure the direction of the property market heading in next few years and keep bleeding few thousands a month. If you have one empty property is fine... Some investors aggresively purchased multipled landed properties in far away land.

Let's see how Bandar Rimbayu perform in next 2-3years.  biggrin.gif
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Those investors too greedy oredi bro so good for them la their props become dead chicken during prop downturn! biggrin.gif Must really calculate properly whether can buy that many props or not and see whether can hold during bad times.
BRE
post Nov 20 2015, 07:18 AM

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QUOTE(eastken @ Nov 19 2015, 10:24 PM)
Yes br in canal city. In short, is formerly that area got 1 big project by selangor called canal city, but fail. After sell the land to IJM and Tropicana develop. Then tropicana sell parcel of land to eco world develop too.
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Canal City project previously is Talam's project but it didnt take off and they transferred the land to Sgor gomen to settle some debts.
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post Nov 20 2015, 02:06 PM

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QUOTE(wong8981 @ Nov 20 2015, 02:42 PM)
Location wise has the same distance to kl city center, but not sure on accessibility, not seen yet.
I think the comparision should be location only as both big players are township dev too, finishing work is not bad too for both player.
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Why comparison on location only? hmm.gif Can oso compare other thing la like worksmanship, specificaitions, landscaping, after sales service etc. SDP v IJM, Tropicana & EW ! Tough job! sweat.gif blink.gif
BRE
post Nov 23 2015, 11:12 AM

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QUOTE(eastken @ Nov 23 2015, 12:02 PM)
Yes, but still is buyer budget problem. even outside have 18'x65'.
I guess IJM provide 20'x70' is good too for those interested in this area too. But should be the last phase for affordable price for DSH.
I do not think IJM will launch smaller again for DSH.
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IJM launched the cheapest & smallest DSL in this soft prop market because they have many unsold units from their latest launches. It will be foolish for them to launch expensive over 1m & big superlink 26x80 DSL in this tough market now, good marketing strategy! icon_rolleyes.gif

However, they may have "created" dead chickens since Chimes VP 6 mnths ago and ppl are more cautious in their spending and some may even postpone their prop purchase.

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