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 Cyberjaya V5, Why U buy Cyberjaya?

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icemanfx
post Feb 9 2016, 09:53 PM

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QUOTE(value_investor @ Jan 31 2016, 09:05 PM)
Wow I think it's true got more auctions coming just that bank wanna release slowly since the last auction got sold at rm470k. The bank now release another so not to scare the market!

The latest auction is rm490k, let's see how low it can go this time. http://www.iproperty.com.my/propertylistin...ominium_ForSale

Another bigger layout also http://www.iproperty.com.my/propertylistin...ominium_ForSale

MBTL is breaking the record with the most auctions after VP. I wonder what's the underlying issue with this project?
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How much will MBTL auction effect CBJ high rise value?

icemanfx
post Feb 9 2016, 10:19 PM

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QUOTE(soitsuagain @ Feb 9 2016, 12:23 PM)
I pity the Africans from the stereotyping of our local people. Please make them as welcome as possible and stop judging them too much.
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QUOTE(cedm @ Feb 9 2016, 10:15 PM)
Thank you!
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PH only have themselves to blame. If they didn't create trouble, they won't be noticed.

icemanfx
post Feb 10 2016, 03:22 PM

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As at Q3/2015 number of condo/apartment in Putrajaya;
In stock: 905 unit
Incoming supply: 8,912 unit

Total number of residential transacted in 2Q/2015 and Q3/2015 was 66 and 81 respectively.

http://napic.jpph.gov.my/portal/web/guest/...eno=1&language=

Assumed incoming supply will complete in the next 4 years; mean each year number of unit vp will be more than double of existing stock. Unless currently there is a acute shortage or mass migration, there will be a serious overhang in condo/apartment in Putrajaya.


This post has been edited by icemanfx: Feb 10 2016, 03:41 PM
icemanfx
post Feb 10 2016, 04:00 PM

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QUOTE(CK15 @ Feb 10 2016, 03:55 PM)
Happy CNY Iceboy! School holiday so free ar?
Do u know many units constructed are not for sell to public, but are for gov servants only?
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Perhaps you like to enlighten us how many of 8,912 unit under construction are for gov servants.

This post has been edited by icemanfx: Feb 10 2016, 04:00 PM
icemanfx
post Feb 10 2016, 05:24 PM

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In Q3/2015, there was 4,929 unit of condo/apartment under construction in Sepang, and 133 and 105 unit of condo/apartment was transacted in Q2/2015 and Q3/2015 respectively.

http://napic.jpph.gov.my/portal

In the transaction trend persist, it will take many years for the market to digest.

This post has been edited by icemanfx: Feb 10 2016, 05:27 PM
icemanfx
post Feb 10 2016, 05:28 PM

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QUOTE(jolokia @ Feb 10 2016, 04:47 PM)
Eddie, Gong Xi Fa Cai   tongue.gif

http://eng.mynewshub.cc/2015/01/26/govt-to...heme-phase-two/

If not enough let me help you a bit
Precint 5 (1062 units)
Precint 6 (1680 units)
Precint 11 (650 units)
Presint 12 (263 units)
Precint 16 (517 units)
Precint 17 (2500 units)

All this is expect to ready by 2017

Another 2 big project also in balloting now at Precint 17.

You still think go over supply ??   rclxm9.gif
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The more coming to the market, the merrier. Equivalent number of unit will be available for sale, to rent or reduced demand somewhere else.

This post has been edited by icemanfx: Feb 10 2016, 05:47 PM
icemanfx
post Feb 10 2016, 05:48 PM

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QUOTE(jolokia @ Feb 10 2016, 05:46 PM)
So you admit you mistake ?

bearbearwong you dare to let this quality Fund Manager managing your investment ??

Simple data also can make such blunder..  tongue.gif

As said earlier most if not nearly all the Putrajaya upcoming supply are meant for civil servant, so it has no relation to oversupply as claim by you.
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Your number still left about 2,000 units for public to buy. For every one family moved to this new development, there will be one unit available for sale, to rent or one fewer demand somewhere else.


This post has been edited by icemanfx: Feb 10 2016, 05:49 PM
icemanfx
post Feb 10 2016, 06:24 PM

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QUOTE(CK15 @ Feb 10 2016, 06:09 PM)
Aiyo, the units can't be sell or rent wor!
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QUOTE(jolokia @ Feb 10 2016, 06:11 PM)
Haha.. thats why you keep on making blunder, you are adopting Property investment as in Gold, are you assuming those who invest in gold suppose to wear it on their body ?? If you bought 5 kgs of gold you supposed to wear them ??

These civil servant house can't be rented out, so those who can't afford just yet how ? make camp or sleep under bridge ?? how about those who is not civil servant ?? contract workers etc.. ?? rent aka tenant s isn't it.

Bukit Tunku Condo Fund Manager..  laugh.gif    doh.gif
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Those moved into these units, their existing unit will be vacant for sale, to rent or occupied by another family (one fewer demand). Unless unit is left vacant, the chain effect is like adding new stock to the market.

icemanfx
post Feb 10 2016, 10:47 PM

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QUOTE(Babizz @ Feb 10 2016, 06:30 PM)
very interesting numbers...this excludes sofo soxo sovo right?? cn we get d numbers fr those..

Looks like in 1 whole quarter cyber oni attract 105 buyers..
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In Q3/2015, there was 512 unit of service apartment in Sepang; 2,285 unit incoming supply.

Believe developer didn't submit any number on sales of service apartment to napic in Q2/2015 and Q3/2015.

http://napic.jpph.gov.my/portal/web/guest/...=2&fileURI=3698


This post has been edited by icemanfx: Feb 10 2016, 11:29 PM
icemanfx
post Feb 10 2016, 10:58 PM

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QUOTE(thecaterpillar @ Feb 10 2016, 10:45 PM)
If puchong condo gg, u should start worrying about the whole market gg.
If u apply ur logic, it's the same everywhere. So new development is oversupply? Putrajaya will be the least worry. There r plenty of new supply in kl city.
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Those eligible to apply to PPA1M must be currently staying at some place either gomen quarter, rented place or own place. After PPA1M is completed, their current dwelling will be available for another family, to rent or for sale. For every one unit PPA1M gomen built, will be one less demand in the private sector housing market.

Believe not all civil servants are currently staying in putrajaya, the negative impact will be felt wider than putrajaya.

This post has been edited by icemanfx: Feb 10 2016, 11:00 PM
icemanfx
post Feb 10 2016, 11:18 PM

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QUOTE(thecaterpillar @ Feb 10 2016, 11:09 PM)
Boss, I can't digest your logic. Whether it's PPA1M or private sector, aren't it the same logic? Still ppl move from somewhere to their new unit. So why Putrajaya only is the concern if u think this way? Everywhere else ppl staying at kaki lima only buy the new property? Then when ready all just fill in new units? No oversupply?
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According to jolokia surplus will be taken up by migrants from syria, iran, afghanistan, west africa, bangladesh, myanmar, etc.

QUOTE(HarpArtist @ Feb 10 2016, 11:12 PM)
105?? cant be that bad...!? icon_question.gif  shocking.gif  rclxub.gif
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http://napic.jpph.gov.my/portal/web/guest/...=2&fileURI=3698

May be developers were too busy to submit their numbers to napic.

This post has been edited by icemanfx: Feb 10 2016, 11:22 PM
icemanfx
post Feb 11 2016, 12:29 PM

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QUOTE(jolokia @ Feb 11 2016, 10:49 AM)
Your bio loan clock is ticking, 30 yo loh ! how many 30y you wanna wait ?

Got proof price goes down, have access to auction property but no action coz no money to even buy auction price  thumbup.gif

We have a winner lawyer here.. btw first time i heard lawyer so tamkai..  biggrin.gif

Like this can afford mou ?

http://www.iproperty.com.my/propertylistin...UW5opAUHezKx.97

Or near your mama cannot sell punya land

http://www.iproperty.com.my/propertylistin...2uVxK66JvhkA.97
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If current market sentiment persists, those who bought recently with low dp, rebate, dibs, etc is likely to see their property underwater in not too far future.

As foreclosure case is expected to rise, so will foreclosure lawyer's income. During foreclosure season, it is not uncommon for foreclosure lawyer to buy choice property at way below market price. As we haven't see blood on the ground, why need to rush to buy?


This post has been edited by icemanfx: Feb 11 2016, 12:47 PM
icemanfx
post Feb 11 2016, 02:14 PM

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QUOTE(jolokia @ Feb 11 2016, 01:24 PM)
As an Fund Manager i am sure you understand the most basic in investment, you can never buy at lowest point nor sell at highest.

We all have limited life expectancy, no one have many decades to wait, not forgetting limited  loan age.

The current market sentiment mere temporary as people still have money, just matter of to invest or not.

With the recover of ringgit against the greenback from 4.45 to 4.15 within few weeks, the market more towards positive.

Not forgetting Russia, Venezuela & Middle East already in talk to cut oil production to boost the price.

Bear2 might just miss this golden time like how you missed the 2014 peak price to sell your 2 unit.. lol

If indeed the market continue to slump, i doubt bear2 will have guts nor money to buy, his boss already chop the bonus to all time low, next few years he lucky to still keep his job if not pay cut...lol
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Oil price is unlikely to climb over $40 by year end, expect to stay below $60 in the medium term.

Since you are so confident with the future, what is holding you back to BBB? Short of cash for dp or not eligible for bank loan?

icemanfx
post Feb 11 2016, 02:37 PM

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QUOTE(jonnie @ Feb 11 2016, 02:22 PM)
omg. the return of uuu vs ddd
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No, it is opportunity for uuu to bbb

This post has been edited by icemanfx: Feb 11 2016, 02:43 PM
icemanfx
post Feb 12 2016, 05:41 PM

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If Public hospital add value to nearby residential, how many people include hospital when looking to buy, and how much has appreciated near putrajaya, SG buloh, selayang hospital?

icemanfx
post Feb 12 2016, 06:17 PM

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QUOTE(interferens @ Feb 11 2016, 10:47 PM)
The location of the Hospital

user posted image

Perhaps after this Mutiara Ville sales will be better, tired to see their agents everywhere in many supermarket promoting MV laugh.gif
It also may boost sales for Vega, Tamarind, Ceria, Pangea, Cyberia etc
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jolokia as you are very ong this year, may need some negative chi to balance a bit. Better fast fast choose some unit adjacent and facing the hospital back entrance.

icemanfx
post Feb 13 2016, 05:50 PM

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QUOTE(HarpArtist @ Feb 13 2016, 05:38 PM)
subway nt exactly junk la
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According to the company’s figures, a 6in Meatball Marinara sub has 511 calories, 21g of fat, of which 9g is saturated, and 3.3g of salt. That’s 30 per cent less salty than it used to be, Subway boasts — but it is still the equivalent of six packets of Walkers ready salted crisps and more than half of an adult’s maximum daily recommended intake of salt. In fact, it has more calories and salt than a Big Mac.

The Italian BMT is slightly better, with 431 calories, 20.5g fat and 2.7g salt, but the Spicy Italian has a whopping 506 calories, with 29g of fat, almost 13g of it saturated, and 2.8g of salt.

All of those figures ignore the extra cheese and sauce. And remember, the foot-long version has double the calories, fat and salt, putting it into terrifyingly high figures.

Read more: http://www.dailymail.co.uk/health/article-...l#ixzz402XUBqpt


Bad news, Subway fans: Your $5 footlong may be LESS healthy than a McDonald’s Big Mac

http://www.nydailynews.com/life-style/heal...ticle-1.1340434

icemanfx
post Feb 13 2016, 09:24 PM

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QUOTE(investor01 @ Feb 13 2016, 08:55 PM)
Cyberjaya to get government hospital by 2018..good news!
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Residential price doubled near selayang, SG buloh, putrajaya, klang gh so will cbj. Airbnb for outpatient and patients family are in high demand also.

This post has been edited by icemanfx: Feb 13 2016, 09:37 PM
icemanfx
post Feb 16 2016, 12:14 AM

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QUOTE(interferens @ Feb 14 2016, 06:55 PM)
I heard that McD will be open in soon to be completed Tamarind Square
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QUOTE(thecaterpillar @ Feb 14 2016, 10:06 PM)
But many ppl love mcd because it's consistent everywhere and affordable. Of course there r better and more expensive burgers around Cyberjaya like myburgerlab, big bob burger etc.

I'm more interested to see what's the next negative comments from Cyberjaya haters if mcd opens here. Some even have sarcastic remarks on public hospital, so I really don't know what's good for them.
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Doubt mcd will open in cbj anytime soon.


icemanfx
post Feb 16 2016, 10:05 AM

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QUOTE(dawnrose @ Feb 16 2016, 09:50 AM)
McD is not really into burger business but also real estate. That's why their business model is highly successful. A McD in a place means their business development people have studied the place and felt it has high potential to support its burger business hence that's why they prefer an individual plot of land. Land is gold. However where they cannot get the land then it's really the prediction of the population and growth potential. I don't see face value only. It's a strong indication on real estate potential in that area.
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If the land available is too expensive for mcd/kfc drive thru or lack traffic count, is land price in the area sustainable or realistic?

This post has been edited by icemanfx: Feb 16 2016, 10:06 AM

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