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Investment Bandar Rimbayu V5, The Township Nature Perfected

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gks
post Jun 7 2016, 05:05 PM

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QUOTE(mingyew @ Jun 7 2016, 11:50 AM)
Many people say canal city deep inside no where. But if you look into very detail, the location is quite strategic. Here some facts for reference (only)

1. Canal city is actually 3km always from Kota Kemuning. Some KK resident also stay very further inside the KK which is 4km away from mcd, so extra 3km is not really a big deal

2. Canal city is very near to Puchong. From the traffic light junction to brand new millenia city puchong, is actually 10km away and 5km away from Puchong Prima. Is that far enough?

3. Canal city to MMU cyberjaya entrance is actually 18km, and 37km to KLIA metropolis, 24km to ioi city mall.

4. Canal city not under shah alam address, some people think not under shah alam like dont have premium address. But in facts is, not under shah alam mean commercial have very less restriction on entertaiment license.

5. In term of highway connection, there are Elite and SKVE (both access through Saujana Putra which is around 5km away). In future, there will be WCE. Connectivity wise, it is good  biggrin.gif

busy, to be continue.
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It seems that it is accessible to everywhere but located at middle of nowhere.
gks
post Jun 7 2016, 05:13 PM

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How is the occupancy rate of Chimes now out of 600units? It is been 1 year since it is VP-ed? those who bought subsale... transaction should be completed by now and occupancy should be picking up.
gks
post Jun 7 2016, 06:52 PM

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QUOTE(hafizrahimi @ Jun 7 2016, 06:23 PM)
can't remember the launching price.. below 600k maybe. I think around that number 20% occupancy rate. Didn't check thoroughly on the rental rate but heard around 1.6k for intermediate.
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20% occupancy rate is quite comparative with other development such as SEH.

The next one year will be more important to measure how well public can accept price point vs location of BR.


gks
post Jun 8 2016, 12:47 PM

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I think some misunderstanding... I do not think TA+BR+ES+Gamuda will be end like up like ghost town like Bukit Beruntung...

From investors POV, it is all about ROI and how quickly you get it. Some forumner said 20-30years with reference to BU etc... Do you aware that at initial years of BU the cap gain is not great?

Township take time to mature and if you subscribe to Life Cycle Product philosophy sometimes the best time to buy is not the beginning but when growth is picking up. For example investors who bought Setia Alam during 2009-11 made much more money compared to 2006-2008.

My 2 cents.
gks
post Jun 8 2016, 02:19 PM

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QUOTE(wong8981 @ Jun 8 2016, 01:59 PM)
The 'pro' is saying he hold another view on canal city,  with partial unreal fact doh.gif or fact that not actually related, lol...
When people are pointing out other fact or correction on his so call fact, he turn out to say canal city die hard fans, and so on on on on.
On the other hand i have not seen or saying that canal city will be as great as bla bla bla...

1 thing i learn from these guys, they will use all their imagination to atttackkkkkkk, be it real or fake, purely just to atttttttakkkkkkkkkkk on whatever they dont like or cant get ? (Maybe) laugh.gif
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Every vested party just put the food where the mouth is. Few years ago the Setia Alam thread the investors were singing song how great the Setia Alam township is. Even a mall considered as game-changer of the township and newbies are advised to buy before the mall completed otherwise the property prices may escalated further.

After divested the properties, all these investors no more noise and sound already. rolleyes.gif



gks
post Jun 8 2016, 02:56 PM

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QUOTE(wong8981 @ Jun 8 2016, 02:32 PM)
IMO even there is a planned commercial area, that does not guarantee the place will get prosper, still depends if it is tenanted, even if tenanted, what kind of tenant. i think this is purely depends on luck.

A good mall will prosper the area, yes. affecting the price around, ermmmm .... not major but by a little IMO.
but there are always some buyers buy because there are  a mall there laugh.gif discussion ongoing in the thread KK vs Setia Alam laugh.gif

in term of ROI you are talking about, dont think in property nowadays we cant get any fast/high ROI like previous bullish year.
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+1

Just look at most newly vp-ed properties... not easy to flip/ fill in these properties.
gks
post Jun 23 2016, 02:26 PM

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QUOTE(BEANCOUNTER @ Jun 23 2016, 02:22 PM)
true...this thread is specifically talk about rimbayu....but it doesn't stop at praising rimbayu to heaven high.

buyers should form their own FB or whatapps groupies if they want to only share all things +ve about rimbayu.

remember there is no such thing as absolute bestest townships, not even dpc or bukit Tunku.

if someone praises dpc to heaven high....you bet that I will be there to talk a notch or two down.
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+1

There are reasons why owners only share good things in open forum.

Of course.. dirty laundry just behind close group.. This applicable to any projects.
gks
post Jun 25 2016, 01:06 PM

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QUOTE(jacob888 @ Jun 24 2016, 10:43 AM)
4. From canal city to nearest mcd is 10-12kms away....

oh my god, u think everyone like to eat mcd ? Also nearest kk mcd to canal city is 7km

myself stay in kk, are you ? I know what's the distance , i know what's the potential of new township
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It is not much of MCD itself

It is about MCD is associated with presence in Wong commercial area.

Just like some always make fun of lack of chapfan in cyberjaya due to lack of night population.
gks
post Mar 21 2017, 01:53 PM

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QUOTE(eastken @ Mar 20 2017, 11:18 AM)
Coming soon. not sure how many % will be grab. This week Livia@BR and 257@gamuda
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This Livia is RM600K?

This post has been edited by gks: Mar 21 2017, 01:54 PM
gks
post Jun 30 2017, 05:16 PM

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So much discussion in linkages. Hwo come a >3000acres BR/TA/ES/257 all developers didn't joint up to contribute funds to build own dedicated link?

And residents didn't pressure the developers?

This post has been edited by gks: Jun 30 2017, 05:16 PM
gks
post Aug 1 2017, 12:22 PM

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An interchange can cost up to rm150m based on BTP at latar highway and PSP at NPE highway.

Surely IJM can afford this since they also build IC for PSP but there are other issues such as land acquisition or "connection fee" to skve.

gks
post Aug 1 2017, 01:31 PM

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QUOTE(MeToo @ Aug 1 2017, 12:40 PM)
RM150M.... that's the profit margin of how many houses? 1000? 1500? Means several phase they sell for no profit liao lor.,.
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Usually it is factored in the township costing and spread over few phases.

For the scale of this township... very common to have their own dedicated interchange.

Just look at Setia Alam, Eco Majestic, SEH.. All of them. Even 88acre Tropicana MetroPark spent RM100m++ for direct interchange to FH.

Owners need to ask developer (IJMLand) why no dedicated interchange or what is the plan for future infrastructure upgrade for the signature township.
gks
post Jan 14 2018, 02:17 PM

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QUOTE(BEANCOUNTER @ Jan 12 2018, 04:12 PM)
why nak susah susah.

spend 400k buy smd in puncak alam and can get two topless bensi park cantik cantik at carpark.
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Smarter is just rent a smd for rm3-4k per month and park 2-3 beemers, bensi, Audi infront of the house.
gks
post Feb 27 2018, 02:16 PM

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QUOTE(SuperSperm @ Feb 27 2018, 01:52 PM)
canal city residents should pressure respective developers for putra heights connection, ...instead of asking for saujana putra and skve connections....
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It is local council interest to link all township however it is rightly pointed by forumners the objection by RAs and land acquisition..

Such a big township and with 4 big developers here since 2013 (for almost 5 years)... They can't collaborate to build a proper interchange for canal city?if I am existing buyer I will be extremely disappointed and If I am prospect house buyer ...I will be wary till a plan approved and construction is going on.

This post has been edited by gks: Feb 27 2018, 02:18 PM
gks
post Feb 27 2018, 02:20 PM

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QUOTE(mingyew @ Feb 27 2018, 02:13 PM)
The proposed link. But i think is hard to materialize.
[attachmentid=9620531]
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More than 10years ago.. a bridge proposed between Puchong and USJ.. what happened to that?

Unless developer is making significant effort.. the losing end is just residents.
gks
post Feb 27 2018, 03:25 PM

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The first thing is to demand developer to construct interchange which within their control.

SKVE is just running parallel to Bandar rimbayu. It is murder that IJM couldn't build own interchange to this SKVE regardless what are the concessionaire's term and condition.
gks
post Feb 27 2018, 04:36 PM

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QUOTE(Clueless07 @ Feb 27 2018, 03:58 PM)
Demand based on what bro?
Marching/protest at the round about a Infront of 3 developers?
Refuse the sign SnP?
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If there is commitment made by developer.. pursue it. Collectively with your RA...

If developer never made such commitment, engage with them how to improve it... End of the day, developer still need to sell and if they are not pro-active in attending owners issue and concern, the sxxt will fall back to them as well.
gks
post Mar 12 2018, 11:26 AM

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How's the shoplots in BR doing currently? Called Blossom Drive -48 units? The Blossom Square already VP-ed?

This post has been edited by gks: Mar 12 2018, 11:28 AM
gks
post Mar 12 2018, 01:34 PM

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Essentially aside from The Arc (minimum commercial), there are nothing much shops even after Chimes VP-ed for 3 years..

IMO, this is quite bad township planning from IJMLand where they should realize the closest commercial in KK is a good 10-15km away...
gks
post Mar 12 2018, 01:59 PM

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QUOTE(mingyew @ Mar 12 2018, 01:55 PM)
Resident here have no problem on that. lol.
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no problem to travel 10-15km?

Then it is good for residents... hopefully non of the residents later complain in forum lack of commercial/mall/chapfan/groceries etc rclxms.gif


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