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 Bandar Sri Sendayan, Seremban, 5,233 acres First Class Township

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sidq
post Dec 20 2016, 02:06 PM

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According to the address, the property is either Alwinix or Alconix. The original price (2013) was RM375888 and the size is 2500sqft.

This post has been edited by sidq: Dec 20 2016, 02:13 PM
BSS30112015
post Dec 20 2016, 02:48 PM

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QUOTE(ikanair @ Dec 20 2016, 01:35 PM)
Surprising valuations of RM550k, when you check the current auction listing, reserves is at 378k for a semi-d

http://www.auctionlist.com.my/auction/inde...d=230915041530&

Address : No. 1158, Jalan Hijayu 3/43, Hijayu 3, Bandar Sri Sendayan, 71950 Seremban, Negeri Sembilan
Category : Residential
Type : (Rumah Dua Tingkat Separuh Berkembar)Double Storey Semi Detached House
Tenure : Freehold
Land Size : 1,800 sq.ft
Reserved Price (RM) : 378,000.00
Auction Date : 2017-01-23
Seremban is not ghost town, lotsa ppl live here, but not enough people for the price range currently those new houses are marketed at.
and the ppl (lotsa retiree's) who live here already got their own house, why spend 500k ?

Developer should just build a whole bunch of single storeys houses, these would be in great demand, but as all greedy developer they want to maximise profit 
devil.gif

Just wait 5 more years, when it really turn to abandonded house, can consider buy it for the cheap, my retirement home  biggrin.gif

My target price for BSS would be 200+k for a DSL ,
some say it is a dream, but time will tell, just need to continue monitor the auction prices, where the true market value is determined, not some mumbo jumbo developer price

I would not buy a DSL, getting old, Single storey works much better for me, no stairs to climb
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The so called semi-D is a double storey house from the land size 1,800 sqft we know, it look like a 22x90 DSL launching price around RM380K before discount in year 2013, anyway auction reserve price for sure lower than market price. This is not a good indicator.

RM200K for a double storey link house in BSS is very unlikely given weaking ringgit, increase of material, labour cost & higher compliance cost. If the price fall to RM200K that mean the overall economy is very bad, most people either lost their job and afraid losing job...

This post has been edited by BSS30112015: Dec 20 2016, 03:13 PM
BSS30112015
post Dec 20 2016, 03:06 PM

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QUOTE(Sharkyboom @ Dec 20 2016, 01:05 PM)
sincerely speaking ... Seremban is nothing but a ghost town
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Bro, there are over 500k people live in Seremban District, you are a bit over...

In fact, Seremban especially Seremban West will be getting better and better with existing Matrix + IJM project and incoming HSR & Malaysia Vision Valley(MVV) + Sime Darby's involvement and I forsee N9 State Government & EPF also will be involved in MVV too.

This post has been edited by BSS30112015: Dec 20 2016, 03:17 PM
ikanair
post Dec 20 2016, 03:48 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 02:48 PM)
The so called semi-D is a double storey house from the land size 1,800 sqft we know, it look like a 22x90 DSL launching price around RM380K before discount in year 2013, anyway auction reserve price for sure lower than market price. This is not a good indicator.
*
Anyone nearby can drive and take at look at No 1158, Jalan Hijayu 3/43? just to confirm it is a DSL not a Semi-D

The true indicator of the market value is the transacted price , let's wait and see how much this auction unit sells for
It does not matter if the current advertised priced is at 1Million,500k or 300k, what matters is the transacted price

QUOTE(BSS30112015 @ Dec 20 2016, 02:48 PM)
RM200K for a double storey link house in BSS is very unlikely given weaking ringgit, increase of material, labour cost & higher compliance cost. If the price fall to RM200K that mean the overall economy is very bad, most people either lost their job and afraid losing job...
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BREXIT is unlikely, TRUMP win is unlikely, but, who knows? tongue.gif 200k for a DSL in BSS might just come true, and if it does, i go buy 2x Single Storey house or 1 corner single storey for my retirement biggrin.gif biggrin.gif

aaron1717
post Dec 20 2016, 03:49 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 03:06 PM)
Bro, there are over 500k people live in Seremban District, you are a bit over...

In fact, Seremban especially Seremban West will be getting better and better with existing Matrix + IJM project and incoming HSR & Malaysia Vision Valley(MVV) + Sime Darby's involvement and I forsee N9 State Government & EPF also will be involved in MVV too.
*
well what he said kinda true in term of capital appreciation... this area doesnt worth more than 600k for 22x75 landed yet.... appreciation from the price point onwards will be very slow... other than own stay... not really worth to hold for investment as rental yield is tough and to hold 10-15 years with negative cash flow is not possible for most of the investors... once its appreciated enough gain already... the interest already net off most of the gain... for BSS... township concept wise its good... matrix has done a good job i believe.... visited it and feel it better than seremban 2 townships.... rclxms.gif rclxms.gif

as for the ghost town... not sure which part of seremban he mentioned... haha... personally its not a ghost town... but its not crowded enough to bring up the developments....

This post has been edited by aaron1717: Dec 20 2016, 03:50 PM
samkps
post Dec 20 2016, 03:55 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 03:06 PM)
Bro, there are over 500k people live in Seremban District, you are a bit over...

In fact, Seremban especially Seremban West will be getting better and better with existing Matrix + IJM project and incoming HSR & Malaysia Vision Valley(MVV) + Sime Darby's involvement and I forsee N9 State Government & EPF also will be involved in MVV too.
*
Any car service center or bank in BSS already?

Any additional fast food chain in BSS in addition to Marrybrown?

This post has been edited by samkps: Dec 20 2016, 03:58 PM
propnoob
post Dec 20 2016, 03:57 PM

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QUOTE(ikanair @ Dec 20 2016, 03:48 PM)
Anyone nearby can drive and take at look at No 1158, Jalan Hijayu 3/43?  just to confirm it is a DSL not a Semi-D

The true indicator of the market value is the transacted price , let's wait and see how much this auction unit sells for
It does not matter if the current advertised priced is at 1Million,500k or 300k, what matters is the transacted price
BREXIT is unlikely, TRUMP win is unlikely, but, who knows?  tongue.gif  200k for a DSL in BSS might just come true, and if it does, i go buy 2x Single Storey house or 1 corner single storey for my retirement  biggrin.gif  biggrin.gif
*
dude, its not a semi-D.Hijayu 3/43 is all DSL.
ikanair
post Dec 20 2016, 03:59 PM

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QUOTE(propnoob @ Dec 20 2016, 03:57 PM)
dude, its not a semi-D.Hijayu 3/43 is all DSL.
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Thank you for the confirmation biggrin.gif
BSS30112015
post Dec 20 2016, 04:16 PM

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QUOTE(aaron1717 @ Dec 20 2016, 03:49 PM)
well what he said kinda true in term of capital appreciation... this area doesnt worth more than 600k for 22x75 landed yet.... appreciation from the price point onwards will be very slow... other than own stay... not really worth to hold for investment as rental yield is tough and to hold 10-15 years with negative cash flow is not possible for most of the investors... once its appreciated enough gain already... the interest already net off most of the gain... for BSS... township concept wise its good... matrix has done a good job i believe.... visited it and feel it better than seremban 2 townships....  rclxms.gif  rclxms.gif

as for the ghost town... not sure which part of seremban he mentioned... haha... personally its not a ghost town... but its not crowded enough to bring up the developments....
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Most of Hijayu landed 22x80 are in the range of RM400K+-RM500K+ even the most expensive Fellona after discount also within RM500K+ , anyway rental yield for new landed in Klang Valley all are negative too and the money involved is much more than BSS.

BSS only boom IMHO after year 2018 when Merchant Park, TUDM is up.


BSS30112015
post Dec 20 2016, 04:26 PM

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QUOTE(samkps @ Dec 20 2016, 03:55 PM)
Any car service center or bank in BSS already?

Any additional fast food chain in BSS in addition to Marrybrown?
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Bro, it need times, BSS residents for the time being got to go Seremban 2 to enjoy to do banking, bank only be in when Merchant Park is up in 2017/2018 according to SA.

Car service centre not that sure got to go to survey first. Similar with Ecohill, even though no commercial activities and school yet still can enjoy it with short drive to Semenyih town.



samkps
post Dec 20 2016, 04:33 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 04:26 PM)
Bro, it need times, BSS residents for the time being got to go Seremban 2 to enjoy to do banking, bank only be in when Merchant Park is up in 2017/2018 according to SA.

Car service centre not that sure got to go to survey first. Similar with Ecohill, even though no commercial activities and school yet still can enjoy it with short drive to Semenyih town.
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Yeah, definately need time for growing.

When is the first VP product of BSS? 2008 right?

Setia Alam first VP if not mistaken is in 2006/2007. Ecohill first VP 2015/2016.. Can't compare lah. sweat.gif
BSS30112015
post Dec 20 2016, 04:50 PM

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QUOTE(samkps @ Dec 20 2016, 04:33 PM)
Yeah, definately need time for growing.

When is the first VP product of BSS? 2008 right?

Setia Alam first VP if not mistaken is in 2006/2007.  Ecohill first VP 2015/2016..  Can't compare lah.    sweat.gif
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First VP in 2010 for Nusari Bayu 1, within 6 years time, two primary schools (SRJKC & SRJKT), one secondary school, one international school, one 6 star club house etc are established, don't forget 18 MNCs invested and most of them started operation in Sendayan Tech Valley this is not a small job for a medium size developer like Matrix I suppose.
aaron1717
post Dec 20 2016, 04:57 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 04:16 PM)
Most of Hijayu landed 22x80 are in the range of RM400K+-RM500K+ even the most expensive Fellona after discount also within RM500K+ , anyway rental yield for new landed in Klang Valley all are negative too and the money involved is much more than BSS.

BSS only boom IMHO after year 2018 when Merchant Park, TUDM is up.
*
generally agree on the rental yield... no matter what development will definitely negative... even condo in a prime location... anyhow... BSS need time like CJ used to be.... they are growing... if the sendayan tech valley can become another CJ... there will be hope for it... a self sustain township... not rely on any other matured surrounding township... still time is the essence here... i definitely believe in BSS capabilities given what had achieved in this 6 years after VP...

Its definitely not a failure... as for long term holding point of view... see holding power la... haha... but it will be best recommended for own stay...
azhar1975
post Dec 20 2016, 04:58 PM

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would love to buy property here..got big potential for capital appreciation..but Matrix wont built high rise residential unit..landed are out of my budget...now change target to Bdr Baru Nilai biggrin.gif
samkps
post Dec 20 2016, 05:19 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 04:50 PM)
First VP in 2010 for Nusari Bayu 1, within 6 years time, two primary schools (SRJKC & SRJKT), one secondary school, one international school, one 6 star club house etc are established, don't forget 18 MNCs invested and most of them started operation in Sendayan Tech Valley this is not a small job for a medium size developer like Matrix I suppose.
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Idaman villa (531 units) not VP on 2008?

http://www.propwall.my/sendayan/bandar_sri_sendayan/1902


Good achievement by Matrix and the Menteri Besar on BSS.. rclxms.gif rclxms.gif

Hopefully the private sector will follow soon..
BSS30112015
post Dec 20 2016, 05:23 PM

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QUOTE(samkps @ Dec 20 2016, 05:19 PM)
Idaman villa (531 units) not VP on 2008?

http://www.propwall.my/sendayan/bandar_sri_sendayan/1902
Good achievement by Matrix and the Menteri Besar on BSS..  rclxms.gif  rclxms.gif

Hopefully the private sector will follow soon..
*
That one is compensation for Felda settler, the first launching is Nusari Bayu 1 in 2008 and vped in 2010.



This post has been edited by BSS30112015: Dec 20 2016, 05:24 PM
samkps
post Dec 20 2016, 05:25 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 05:23 PM)
That one is compensation for Felda settler, the first launching is Nusari Bayu 1 in 2008 and vped in 2010.
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How is the occupancy rate of Nusari Bayu 1?
BSS30112015
post Dec 20 2016, 05:28 PM

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QUOTE(samkps @ Dec 20 2016, 05:25 PM)
How is the occupancy rate of Nusari Bayu 1?
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Based on SA and forumner NB1 is fully occupied.
BSS30112015
post Dec 20 2016, 05:30 PM

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Nusari Bayu 1 Single storey link house launched on 3/3/2008 at RM81,888, market value now more than RM300K rclxms.gif
Attached Image

This post has been edited by BSS30112015: Dec 20 2016, 05:34 PM
samkps
post Dec 20 2016, 05:34 PM

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QUOTE(BSS30112015 @ Dec 20 2016, 05:28 PM)
Based on SA and forumner NB1 is fully occupied.
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That's is great then... single storey always good in attracting own stay people..

This post has been edited by samkps: Dec 20 2016, 05:34 PM

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