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 Why U Buy Cyberjaya? v7

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SKY 1809
post Jun 19 2019, 08:30 AM

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QUOTE(wsoon82 @ Jun 19 2019, 08:13 AM)
Why people willing to set up a 24 hours bookstore in cbj, why the big king Henry int school is in cbj, why SJKC is now in cbj, why ROT sold out so quick, why mrt is coming to cbj?? All for ghost?? smile.gif

See with your own eye and make decision.
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2 more to add :

a) Hospital of about rm 400 M should be completed next year
b) Mex extension to KLIA

Why those bought for home stay need to worry so much about auctioned properties ? 35,000 unit national wide..

For any investments carry risks , investors should do due diligence and not blaming let say the loan adviser for his own failed decisions.

This post has been edited by SKY 1809: Jun 19 2019, 08:30 AM
SKY 1809
post Jun 19 2019, 03:42 PM

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QUOTE(kekhitam @ Jun 19 2019, 03:07 PM)
Not yet... been dreaming only..😬😬
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I too start to dream of some ekor numbers first
SKY 1809
post Jun 19 2019, 04:23 PM

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QUOTE(kkk8787 @ Jun 19 2019, 04:01 PM)
how is nilai impian now
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A few chemical factories ( quite toxic ) around that area, plus a rubbish dump at Nilai 3...

Some beautiful lakes too ..
SKY 1809
post Jun 19 2019, 07:17 PM

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QUOTE(wild_card_my @ Jun 19 2019, 05:22 PM)
What he is saying: If you work in KL, you might as well live somewhere closer. It may be better for your mental health too, since not everyone working in KL can get to their offices through ERL.
    
His comments also expose some people's short-sightedness. Just because you currently work in an office that is reachable by the ERL, does not mean that you will continue to work there. What if you get a better, irresistable employment offer but without the logistical benefits, for example in PJ, Ara Damansara, or simply offices in KL that are not reachable by trains - what if you need to take multiple public transports (ERL then LRT then MRT) to get to your new office? Would you accept a 2-hour transit, which is not much better than being stuck in the traffic jam, time-wise? 

Kekhitam mentioned it herself, "as long as my company does not kick me out". What if they do and you end up having to travel to KL after-all with a car during normal working hours? She would know, her husband faced those situations - with better offers making him ride his bike to KL - isn't that dangerous? Now he has endangered his own life riding an inherently dangerous mode of transportation, just because he decided to "settle" so far away from a location with an abundance of employment opportunities - as mentioned earlier, the MSC status locations have spread to KL, companies have no need to anchor themselves to Cyberjaya. And why isn't her husband taking the ERL like you? Most likely due to the fact that his office is not practically reachable by these other modes of public transportation, so he had to ride his own. He is "lucky" that he knows how to ride, would it be prudent to start taking riding lessons just to beat the KL traffic?

Most people would just revert to driving their cars all the way to KL. From Cyberjaya. I just had to make that unfortunate trip today to Prince Court, left at 7:30am, arrived at 9am thanks to everyone else on the road.

Life situation changes and you are better off hedging a little against that. 

My previous landlord has a few units in Cyberjaya, he was proud to claim that he was one of the "pioneers of Cyberjaya". Last I heard he was trying to dispose all of his units due to monthly bleeding cash to prop up his installments - it didn't help that I left. These couples are what I would generally-speaking, call smart, astute, professionals. But even they fell into the traps that are property-investments and investing in Cyberjaya.
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What kind of advising is it ? Kinda funny ...... encroaching into client's basic human rights and preferred Lifestyles.

Client wants a simply solution , and not interested to get a long winded lecture from an advisor, like a father telling the son kinda story.

Be specific to client's wants and needs...stop giving the usual beating around the bush type advices

This post has been edited by SKY 1809: Jun 19 2019, 07:33 PM
SKY 1809
post Jun 19 2019, 07:47 PM

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QUOTE(kekhitam @ Jun 19 2019, 07:44 PM)
The thing is, we had several bad experience living in cbj, my husband get hit by african and nearly lost function on his thumb. Our house got rob after 1month we move in, and I still traumatised until now. And still we are not blaming cbj as a failed city or ghost town. I will keep sharing the good thing about cbj.
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U are surely spreading the Good Karma....well done
SKY 1809
post Jun 20 2019, 11:02 AM

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QUOTE(MiLKTea @ Jun 20 2019, 10:15 AM)
All he see is bad bad bad and ghost everywhere.
Never even spare a thought why cbj residents choose cbj over other city.
Eventhough many cbj residents have shared why and the good, then mula lah oh why you so stupid spend so much on transport cost to other places.
Macam lah tak ada orang duduk kl kerja pj duduk pj kerja kl.
Calling cbj ktards desperate and bickering like child.
Dia name-calling boleh pulak!
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To me, it is more like an advisor selling snake oil, repeating the same old stories again and again , ghosts lah blarr ..

Have u ever come across any professional keeps talking about ghost towns.... ?

This post has been edited by SKY 1809: Jun 20 2019, 11:09 AM
SKY 1809
post Jun 20 2019, 11:24 AM

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QUOTE(wild_card_my @ Jun 20 2019, 11:15 AM)
I am not selling anything. My main source of income is mortgages, so in actuality I should be encouraging people to buy properties as much as possible.

If this is how backwards your reasoning is I can see why you keep vouching for the city laugh.gif
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No wonder so many borrowers go bankrupt..coz of people like u, asking people to borrow without the ability to pay back, AND U are blaming others for doing it..

This post has been edited by SKY 1809: Jun 20 2019, 11:29 AM
SKY 1809
post Jun 20 2019, 11:45 AM

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QUOTE(kekhitam @ Jun 20 2019, 11:23 AM)
Thays why im confuse. Did cbj really bad? Did everyone who decide to bought and settle down in cbj is bad decision and will regret later?
I remember saw the screenshot of your conversation with this lady, she ask your opinion (i think) about to buy property in cbj for own stay... wonder how the conversation end, or what the lady decide
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if do not care about client's need, just ask her buy Serenia City property , u get paid for loan comm and some portion of sales comm from property ..one stone kills many birds.

Funny thing about Serenia City Advertisement sounds like this :-

WHY SERENIA CITY ?


STRATEGIC LOCATION
Well poised to take advantage of its proximity to Cyberjaya and Kuala Lumpur City Centre via key transportation hubs such as international airports, Salak Tinggi ERL Station and ELITE Highway, MEX Highway and the Putrajaya-Dengkil bypass

This post has been edited by SKY 1809: Jun 20 2019, 11:59 AM
SKY 1809
post Jun 20 2019, 12:16 PM

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QUOTE(oucheev @ Jun 20 2019, 12:15 PM)
Proof my point. Whenever Serenia is mentioned, sure triggered!
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rclxms.gif

WHY SERENIA CITY ?


STRATEGIC LOCATION
Well poised to take advantage of its proximity to Cyberjaya and Kuala Lumpur City Centre via key transportation hubs such as international airports, Salak Tinggi ERL Station and ELITE Highway, MEX Highway and the Putrajaya-Dengkil bypass

SKY 1809
post Jun 20 2019, 12:27 PM

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QUOTE(MiLKTea @ Jun 20 2019, 12:25 PM)
At the end also tumpang Cbj to sell LOL
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Why tied to a Ghost Town to sell ? Tak Logic biggrin.gif

This post has been edited by SKY 1809: Jun 20 2019, 12:28 PM
SKY 1809
post Jun 20 2019, 02:59 PM

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Extracts :

Have you heard? Owning a house is an investment, except that it’s really not. Home ownership is a vital wealth-building tool, aside from the fact that it’s financial suicide. Historically, the returns for owning a home outpace stocks, although actually they don’t.

Why you should buy: The struggle to save for a home today may provide safety and security later

By Jeff Andrews
You can find plenty of academics and financial advisers, armed with spreadsheets and economic models, who will be happy to demonstrate how their fiscal wizardry arrived at this conclusive finding: When it comes down to dollars and cents, owning a house just doesn’t add up.
If they were analyzing stocks, bonds, or the latest Wall Street product designed to maximize returns, their wisdom would need be needed. But in assessing whether to buy a house, one needs to take qualitative factors into account in addition to those quantitative factors. Because at the end of the day, you need somewhere to live.


Shelter is a basic human need

The debate over the benefits of homeownership is often discussed in terms of return on investment. That’s not the right way to think about it. Shelter is a basic human need. It won’t make financial sense for everyone or in every city to buy a home, but for many, it will. And if it does, you should do it because you need shelter.

It’s not an investment, but it’s not financial suicide

Fact: You should not buy a house thinking you’ll get rich off its price appreciation, or that it’ll ultimately pay for itself. In some markets that may be true.

But it’s better to not think of homeownership as an investment asset like stocks and bonds, but as the four or more walls in which you live.

This post has been edited by SKY 1809: Jun 20 2019, 03:06 PM
SKY 1809
post Jun 20 2019, 03:15 PM

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deleted

This post has been edited by SKY 1809: Jun 20 2019, 03:41 PM
SKY 1809
post Jun 20 2019, 04:05 PM

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No one would know exactly when is the perfect timing to buy a property ..until and unless u look back maybe 5 to 10 years from now , and say I should buy in Year 2020..coz soon after that the market moves up..

Buy low , but not buying at bottom coz no one knows when the bottom is ....
SKY 1809
post Jun 20 2019, 04:15 PM

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QUOTE(wild_card_my @ Jun 20 2019, 04:09 PM)
You can use other indicators, not just prices. Look at the general economic outlook (interest rates just dropped, signaling an expected downturn), look at the increasing property overhand, especially in Cyberjaya (being the 2nd highest, just behind forest city). With these indicators, are you able to guarantee that the prices would not accelerate downwards? 

Auction prices also show that the bottom is nowhere to be seen, properties in Setia Eco Glades (the apartment) have been listed for close if not more than a year, with each listing the reserve prices would drop, yet there are still no bidders.

Lastly, read up on why you should not catch a falling knife.
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Talk is easy. Everyone can become super rich
Why stays as an advisor?


SKY 1809
post Jun 20 2019, 04:23 PM

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Many advisors talk in the direction where the wind is blowing ..


SKY 1809
post Jun 20 2019, 04:30 PM

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QUOTE(wild_card_my @ Jun 20 2019, 04:25 PM)
Not that I claim to be advising you, but the wind coming from air like you would be to buy, correct? And I am telling people not to buy. People keep on saying "buy the property that you are staying in, lest you would be renting for the rest of your life!"

Yet, here I am telling you not to buy unless you have a few things figured out. Buying properties is not like buying your shirt at the mall, prep time should be at least 6 months, a lot of calculation and personal financial ratios to be figured out. But most people would just BBB UUU!

Not me. Because I have ethics.
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U may think buying a property need a Loan from u ..U are wrong.

What If I sold a property 2 years ago, I have cash to buy ..in Cyberjaya

I can convert to a fully paid flexi loan too

I can convert my shares too

U never fact find yr clients financial data , I presume..

Getting a loan from bank, does not mean u need to owe the bank...How come U do not know of this ?

This post has been edited by SKY 1809: Jun 20 2019, 04:38 PM
SKY 1809
post Jun 20 2019, 04:50 PM

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QUOTE(wild_card_my @ Jun 20 2019, 04:39 PM)
Anything can be bought with cash, not just properties. That is a little basic isn't it? What's with the condescending attitude?  laugh.gif 

But due to its big ticket sizes, properties are generally bought with a mortgage. And that would also apply to most properties bought in Cyberjaya or otherwise. You are being dishonest with your example, which shows your desperation. 

The problem of mortgage rates is secondary, with the non-guaranteed returns from properties being the primary. Now suppose you bought 3 high-rise properties in Cyberjaya, one for own-stay, the other 2 are rented out. While you may have earned your rental income, but due to the depreciation or low capital appreciation, would you be better off dumping that money in bond-fund or FD? Would these returns be able to beat the inflation rates? I am not sure, you would have to run the numbers, but properties is not the golden ticket to your retirement - these are property guru speak, and due to their conflict of interest, they can be misleading. These investment vehicles have their own advantages:

1. the returns are usually net, no hidden and unknown fees like buying properties
2. very low if not "zero" entry cost, unlike the SPA and MOT charges that you would have to pay
3. consistent returns, no worries about "rental-gaps"
4. Capital protected for FD, unlike properties in Cyberjaya any general location which can depreciate to the bottom of the sea

I can go on. Sure, everything has its pros and cons, but as it is... i really cannot recommend buying properties unless you have learned enough about the pros and cons of them all. As it is, from what I am seeing, all of you are BBB UUU and have much to learn. Resources are available, I am also open to share.
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Financial Planners do not simply make one long list of assumptions for the clients. First thing first , his job is to fact find him aka First Interview.

And never underestimates he/she

This post has been edited by SKY 1809: Jun 20 2019, 04:52 PM
SKY 1809
post Jun 20 2019, 04:57 PM

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QUOTE(wild_card_my @ Jun 20 2019, 04:52 PM)
well none of you are my clients because you haven't signed any appointment form.  laugh.gif
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U are not qualified by the way ..just a L ( Lansi ) one

This post has been edited by SKY 1809: Jun 20 2019, 04:57 PM
SKY 1809
post Jun 20 2019, 05:03 PM

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What is affiliation stands for ? Not completed yet ..

SKY 1809
post Jun 20 2019, 05:39 PM

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QUOTE(oucheev @ Jun 20 2019, 05:32 PM)
KL, PJ, Semenyih, Nilai, Puchong, etc. all kampung?  shocking.gif
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She claims to be far away, Not in Malaysia, probably from another Planet .

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