Personally I won't invest in pr1ma, unless I plan to stay there. There are many other investment opportunities and you need flexibility for investment.

Construction cost increase or decrease?

Affordability crisis

https://rumawip.kwp.gov.my/project/36/detail

230k for 850sqft, city centre, close to Bandar msia, High speed rail, MRT..really no complaint about the price..

Many cannot afford superlink landed freehold good location.

Then is personal issues here work hard a bit still can buy if compare europe aus spore hk, they there even not dare to think..

for this project, the price is very ok and right for this current time?

why? is it the pr1ma price more lower than other private developer and strategic location as their keep mention in media?

the size also very nice... nowadays rumawip 300k... 800 sq ft only.... ini kali lah... if u are looking for own stay...

huhu..i also no idea for cyberjaya..

Pr1ma may be priced slightly lower, but if you add up the "costs" for not able to rent it out, or sell when you have the opportunities, interests, etc, I don't think it is a good "investment". Plus what you pay is what you get.

By the way, I also work in Kl city center but I bought cbj property, not really far to travel, you can drive via mex or take train. Just use Google Map then you will know the estimated travel time from different locations, do some study and find out yourself.

This post has been edited by wsoon82: Dec 12 2017, 03:50 PM

I believe the reason why there are so many lelong units are due to greedy investors unable to hold their properties anymore. They too are in deep financial trouble.

then you must ask yourself this question

'why investors cant sell in open market?"

lelong usually is the last option.

Coz people can still buy from developers. Why buy from investor if developer’s units are still available and being built every single day? And these investors have more than one property in hand and they have to let go those that take time to sell.

Agree what you what you said, nowadays many investors not holding 1-2 property maybe 3-4 property probably.

+1. most lelong in sibehjaya also hit 3-4th round on avg before transacted.

Based on the can buy from developer theory, means no subsale transaction should happen in sibehjaya lah.

+2

And those lelong are mostly early built units years ago that people aren’t interested in anymore. I don’t see Sejati and Eco Glades having this problem. And one more thing people will go for landed as much as they can these days.

It’s better to buy condo/apartment in KL area than here for obvious reason. But of course u have the advantage of traffic free in Cyber. That said, if u’re looking for landed at not so exorbitantly priced house (~1M), u will be able to get one here in Cyber.

Indeed, there’re many affluent people living in Garden residence, Sejati and SEG. You probably don’t know coz those are restricted areas.

As for summmer Glades and Symphony, I don’t know what to say. It looks more like flipper’s graveyard. (Sorry those who stay there)

In terms of location, it’s not far from heart of KL and is within 30 min driving time.

I’m not campaigning for Cyber nor do I live there. I just wanna express what I’ve observed all these years.

This post has been edited by Just Saying: Dec 13 2017, 09:36 AM

the way you said it like older properties will be less loved than the new ones.......

like that Kenny hills and damansara heights will be lelonng graveyard already, same with TTDI and Bangsar.

bear in mind that Garden Residences was one of the earlier development also, just after Summer glades.

I dun know how you defined 'affluence people'. As if most affluence people live in cyberjaya.

but subsales transactions still happening in cyberjaya too... means developer's units are not the main one too blame...

i think buying beyond capability and the initial hype that sold by the cyber investors (those that never buy for own stay nor stayed in cyberjaya before) are the main cause of the lelong units increasing now...