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

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Longshot
post Nov 9 2015, 09:52 AM

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QUOTE(BRE @ Nov 9 2015, 09:45 AM)
Yes bro wong, I undertand your earlier posting, tht is why Im saying with the launch of Penduline will this make the more than 30% unsold units in ES & TA go on for a long, long time due to the much cheaper 600+ units in Penduline launching soon?
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Unlikely, even if any, the effects would be very minimum.
As mention by President Wong, all 3 are different products targeted at different segment.

Longshot
post Nov 9 2015, 09:55 AM

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QUOTE(BRE @ Nov 9 2015, 09:49 AM)
Yes bro, in terms of psft Penduline is higher and it is important for IJM to generate more cash flow from Penduline than having so many unsold units with zero cash flow. Im sure they will kena tembak from shareholders in AGM if tadak cashflow due to stiff competition from TA & ES! biggrin.gif

What IJM should do is maybe gradually increase the prices and also the b/up and land area, maybe allocate 150 units for 20x70 DSL, another 150 for 22x70 or 20x75 and finally another 2 phases for 23x70 or 21x75? Be more creative and launch 21 or 23ft wide DSLs la, dont always stick to 20ft or 22ft! This will create the attention & the hype in the slow prop market! nod.gif
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Give 26x70... thumbup.gif thumbup.gif
Longshot
post Nov 9 2015, 11:43 AM

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QUOTE(BRE @ Nov 9 2015, 09:57 AM)
Yes, agree that 3 different products are targetting at different segments but maybe some of the higher income segments targetted by TA & ES may be swayed to sapu Penduline instead due to the low prices. With so many price increases recently coupled with GST, they may be more careful in their prop purchases and may opt for a lower priced props to reduce their financial exposures.
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hmmm...sound very familiar....

oh..yeah....that's what I'm doing now.... brows.gif brows.gif

As i said, impact is only minimum for investors like u and me.
Genuine buyers, upgraders will not be affected..

Longshot
post Nov 13 2015, 07:52 AM

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QUOTE(Chris Chew @ Nov 13 2015, 01:03 AM)
Haha, not many la boss. One or two already making me starving to death.

Hmm, I think I a bit scared into highrise dy, although I dont have any highrise VP next year bcz next 1-2 week would be the last piece, I plan to dispose one while the price is consider very decent in return in such market. I never buy a highrise cost more than RM 400 psf bfore, so if approximately to have RM 100k return, is damm freaking good for me dy based on current market as I using COCR as my investment return. Furthermore, I intend to keep landed now esp the Majestic piece which going to deliver by end of 2016 and the cost of holding is a bit high as I prepare to keep it vacant as long as possible.

When you keep a good prop longer and found out that the return is suddenly more than 300% appreciation, you would never sell it, bcz you know you never able to buy it back. Thats the part of an investment up and down.
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Bro.,
I think you should dispose a unit if the return is reasonable. Since you still got stocks brows.gif

Cash flow is important as we don't know how bad next year is going to be and for how long.
Having some cash in hand is always better.
Also note if you sell now, until you get the cash may take minimum 3 to 4 months provided you find a buyer now and his / her loan is approved.
Property are not liquid asset.

Disposing also allows you to accumulate some bullets to grab any opportunity arising from the downturn.
Next year is hunting season. Get your bullets ready. whistling.gif


Longshot
post Nov 13 2015, 09:16 AM

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QUOTE(Chris Chew @ Nov 13 2015, 09:02 AM)
Couldnt agree more with you boss.

Cash flow is very crucial ahead of 2016 and I prepare 2016 could be tougher compare to 2015. Hopefully its better upon next year end. I believe many tend to dispose 1-2 prop to accumulate some cash for a good buy next year, but I wanted to do so with cautious. Or might be aiming just cheaper apartments. Thanks god I nvr buy anything in 2015.

Of the 2 props I intend to sell, I believe the return is very decent at abt at least RM 80-100k nett off everything. However, my best asset remains as The Zest. Although the price around the same since last year, but the demand is damm good.
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cheers.gif

Wah...really property TK..

Longshot
post Nov 16 2015, 02:09 PM

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Penduline sales result is not bad.
80% sold within 24 hours rclxms.gif rclxms.gif

For the Chinese school, not only KK residents sending to PH SRJK TTSS but even Puchong parents are sending to PH.
Initially the class size was rather small around 35 students but now is hitting close to 45

Getting the Chinese School in PH was no easy task and all PH residents really treasure it. thumbup.gif thumbup.gif


Longshot
post Nov 16 2015, 08:43 PM

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QUOTE(lswei2003 @ Nov 16 2015, 08:13 PM)
So little leftover??? Thought wanna go grab 1 for myself.....😭😭😭😭
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Ask developer to open a new row for you smile.gif

Longshot
post Nov 20 2015, 08:03 AM

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QUOTE(eastken @ Nov 20 2015, 12:27 AM)
At this moment only 3 bungalow units only. But 1 sold out.
You can refer this for the land size.
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Bro,
BR got single storey bungalow... blink.gif

Please give details..... notworthy.gif
Longshot
post Nov 23 2015, 02:19 PM

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I don't think there will be dead chicken so soon.
More likely is after US announce a hike in interest rates follow by our Bank Negara.

If that happens sometime 1st Qtr of next year, then dead chickens will start appearing in the 2nd qtr.
Dead chickens can also come from developers when they start giving huge discounts and zero dawn payment on their existing projects to push for higher take up.

All the vultures...ooops investors / buyers are waiting ...

Longshot
post Nov 23 2015, 04:21 PM

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QUOTE(tkh_1001 @ Nov 23 2015, 03:40 PM)
actually right, why would investor wait for dead chicken ya?

isn't it more lower cost if they just buy it during launch?
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yup, as mentioned, not oni in sub-sales but also from developers freebies
Longshot
post Nov 23 2015, 07:32 PM

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QUOTE(tkh_1001 @ Nov 23 2015, 06:30 PM)
err.. the one u refer to macam is for own stay buyer

i am talking about investor wor. if investing, why wana fork out extra cash to own a house that is confirm more expensive than if it was bought during launch price.  sweat.gif

regardless if the seller is losing money or not. cause i dont think the "dead chicken" house price cant be lower than initial launch price right? im talking about chimes only. not inclusive of penduline.

just asking jer cos i keep seeing in this thread saying investor waiting for dead chicken in chimes. so just wana learn a thing or two  notworthy.gif
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I think the taikor here are using Chimes as an example.
Bcos Penduline just launch and the price is significantly lower then Chimes sub-sale price.
Hence there is pressure on Chimes owner to lower down the price.
Noted that Chimes has a bigger land size and build up but the attractiveness of Penduline cannot be ignore.
Seducing potential buyers of Chimes to her with the allure of low entry cost and easy on the wallet down payment payment schemes. drool.gif
She did very well with more then 80% take up rate on the first 3 days.
Outperforming IOI BPW Avira which is bigger and on freehold land but only manage a 55% take up rate, launch almost at the same time.

Longshot
post Nov 24 2015, 09:13 PM

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QUOTE(eastken @ Nov 24 2015, 05:24 PM)
Because if only 1 developer want build
College, Mall, Hospital, Conventional Center, Shop Lot, Club House, Garden.
They sure need phase by phase to do it.

So if 3 developer running concurrent (somemore 3 of them also aggressive developer), just example as below.

While IJM building College, same times Tropicana building Club House, same times Eco World Building Garden.
While IJM building Mall & Shop Lot, same times Tropicana building Hospital, same times  Eco World building Convention Center.

Another scientific effect is,
Tropicana no worries of build Hospital or delay due to IJM got residence supply too
IJM no worries of build mall or delay due to Eco Sanctuary got residence supply too
Eco Sanctuary no worries build Convention Center due to Tropicana and IJM got business tower supply too

If only 1 developer, always have a concern want to build shop lot first or residence first...
if shop lot but no residence, no one dare to open business
if residence but no commercial, potential buyer will think twice of convenience

*** Just like if without Gamuda Land build Kota Kemuning, i do not think Berjaya dare to build Columbia Hospital and Carefour at Bukit Rimau.
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Yup, same view here.
1 developer, maybe 10 years but if 3 developers, maybe 5 years or even shorter.
Normally it is slow for the first 2 to 3 years but once things are moving and the infra are up, it will fly.

Longshot
post Nov 30 2015, 07:49 AM

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QUOTE(halo5 @ Nov 30 2015, 07:22 AM)
possibility of higher flood.
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where is this?
those units under construction in the first picture using red bricks?


Longshot
post Nov 30 2015, 07:57 AM

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QUOTE(BRE @ Nov 30 2015, 07:53 AM)
First pic on the left should be Chimes?
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Cannot be, Chimes already completed...mah

Longshot
post Nov 30 2015, 08:03 AM

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QUOTE(BRE @ Nov 30 2015, 07:53 AM)
First pic on the left should be Chimes?
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left or right.... rclxub.gif

scarlet using red clay bricks?

This post has been edited by Longshot: Nov 30 2015, 08:04 AM

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