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Investment CEYLONZ SUITES @ BUKIT CEYLON [OWNERS' THREAD], Revival of St. John Woods project

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HarpArtist
post Oct 16 2016, 04:30 PM

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even if airbnb is successful. what is the upside in cap? can ceylon go 2k psf?
HarpArtist
post Oct 16 2016, 06:52 PM

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QUOTE(vibey @ Oct 16 2016, 06:15 PM)
I believe, on a more macro level, when BBCC , yet to be name Plaza Rakyat shopping complex, KL118 and mrt 3 is up and running ...it has a chance to reach that level,  that is because the center of gravity will at least be somewhat moved to this region. Ceylon is unique in the sense its so near to city yet has lush  greens, altho i believe u may need to hold for at least 8 to 10 years  to reach this level.  Dont forget one @bukit ceylon there were many  411sf units that transacted at  around 1700psf during 2013  before the start of the current downturn
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if need to wait for mrt 3 (10 yrs from now?) to achieve 2k psf from 1.4...thats jus sad bro. the attractive thing is the rebate coupled with nonhda. for investors lah.

This post has been edited by HarpArtist: Oct 16 2016, 06:53 PM
HarpArtist
post Oct 16 2016, 07:39 PM

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QUOTE(Markora @ Oct 16 2016, 07:34 PM)
Being a Exim property owner I would not invest in another Exim project.
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care to elaborate? my guess... lack of aftersales svc for certain bj project...?
HarpArtist
post Oct 16 2016, 07:42 PM

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QUOTE(vibey @ Oct 16 2016, 07:00 PM)
Yes bro, 10 years is a conservative estimate..is the ease of entry to own something in ceylon....possibly very very low dp.. .anyway all of you do have your points. Ceylonz is not a perfect proect..but it does have its place in the market cheers bro
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tempting as cashless investments are...imo think will end up being in boat with many cashstrapped owners who might throw rent/price in bad times that depresses market long run biggrin.gif. just my opinion.
HarpArtist
post Dec 18 2016, 03:50 PM

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QUOTE(leongcp @ Dec 18 2016, 02:38 PM)
developer's directors ethics are highly questionable. Very bad payment record with their suppliers. I personally know a few. They have many dealings that are under scrutiny by authorities.
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care to elaborate?

 

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