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What do you think about future Cyberjaya, Realistic or Ghost Town
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Just Saying
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Dec 20 2017, 09:07 PM
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Getting Started

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QUOTE(myers @ Dec 20 2017, 05:45 PM) If price is cheap enough, there is always buyer; there is nothing contradictory. Like bukit beruntung, it may be not popular or unfavourable by many, there are still people buy and stay there. Like those who bought at cj, those who are staying at bukit beruntung are singing the same praises on tranquility, quietness, etc. People are not as rational as what they believe else they wouldn't have bought proton car or overpriced property. If it’s not contradiction then what it is? Are you saying they’re stupid based on ur comparison and logic? I don’t think they’re as dumb as the way u think they are. And I believe those buyers are from KL area just like you and me. Surely there’re some factors that draw them to buy. And if price is main factor then developer won’t have problem selling nx time regardless where, even Sepang or Tg. Sepat. Perhaps it’s just prejucide on your part. And buying overpriced property is irrational? Well it’s irrational if u’re just an average earner but totally acceptable for those rich people. This post has been edited by Just Saying: Dec 20 2017, 09:12 PM
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Just Saying
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Dec 20 2017, 10:56 PM
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QUOTE(myers @ Dec 20 2017, 09:37 PM) There are people bought and stay in sepang, tg sepat, etc. If buying overpriced property is not irrational, wait til bank interest rate rise and see. Yes there are people buying and staying at Sepang etc but to have a new launch snapped up within days is unheard of in those areas. Unless u know something we don’t. Back to my question. Why are people still buying Cyber despite all negativity? Your justification of cheaper price draws the crowd is not very convincing. As if location and the prospect of the area don’t count and people simply buy because it’s ‘affordable’. And from your reply, clearly u’re not... You’ll never understand how rich people think. What’s bank interest to them? Does it even matter? They buy coz they like it, not coz of price or interest rate. This post has been edited by Just Saying: Dec 20 2017, 10:56 PM
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Just Saying
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Dec 20 2017, 11:24 PM
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QUOTE(myers @ Dec 20 2017, 11:02 PM) Suggest you to find out how much monthly loan repayment would rise if bank interest rate increase by 1%. U’re still not getting it. It doesn’t matter to rich people. U don’t know coz u never are one? I’m referring to expensive property. I’m not talking about ordinary ones.
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Just Saying
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Dec 21 2017, 10:21 AM
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QUOTE(myers @ Dec 21 2017, 12:01 AM) Interest rate rise after ge14 is almost a certainty and those ill prepared will be in the shock. The faster and higher djia rise, bank interest rate will follow. Interest rate rise impact everyone with bank borrowing. It’ll affect majority of the people but not the richest 10 percent. Just admit that ur analysis is partially wrong.
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Just Saying
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Dec 21 2017, 10:23 AM
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QUOTE(xyyap @ Dec 21 2017, 08:59 AM) Just like I do not know what is Mesarati. LOL Ya. He knows only proton and Honda I guess.
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Just Saying
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Dec 21 2017, 02:44 PM
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QUOTE(myers @ Dec 21 2017, 02:34 PM) Data published by non political epf and financial institutions are fairly neutral and reliable. It seem the number of high net worth individuals in this country is much lower than most expected. Many appear well off are living on credit. Similarly those expect house price will always rise exponentially or in straight line will be disappointed. Most if not all home are bought with bank loan and often highly geared. A change in bank interest rate will magnify loan repayment; a risk, few have experienced. If those reports can be trusted 100% then pigs will fly. There’re many tax evaders and dirty money around which the gov can’t even track. I suggest u surround urself with more rich people and expand ur horizon a bit broader then u won’t say things like u do now. And I’m not talking about middle class here. I’m talking about upper middle class and above.
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Just Saying
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Dec 21 2017, 04:20 PM
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QUOTE(myers @ Dec 21 2017, 03:09 PM) With gst, kyc and amla implementation, few could evade tax or for long. Well not when u have political backing and all that. Alar... takkan u dunno right. Do I have to make it so obvious? Tax evasion is rampant lah in this country. And there are many self-made millionaires also. Data is meaningless these days. It doesn’t reflect the whole country. Data can also be manipulated to make it looks better or worse than it is. For instance, people are suffering and yet gov official says country is on right track towards high income nation and backs it with gdp growth. And one of the ways to boost gdp is by implementing gst. So in reality are we doing ok or not? You know I know lar. This post has been edited by Just Saying: Dec 21 2017, 04:26 PM
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Just Saying
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Dec 21 2017, 06:34 PM
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QUOTE(myers @ Dec 21 2017, 04:45 PM) If cash rich people are many, developers and flippers won't blame bank for poor sale. That's why data reliability is important. That’s why u can’t judge the market by data. When sales are poor, developers have to find someone to blame. And bank is the most sensible party to be blamed.
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Just Saying
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Feb 21 2018, 04:54 PM
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QUOTE(subzero7 @ Feb 9 2018, 09:32 AM) Hopefully all SEG buyer later whenthe lake beocme teh tarik coklat kaler, got enough money in JMB to fund lake maintenance... Only house with lakes worth to buy is Putrajaya, coz lake not maintained by owner... Else if not maintained, from Lake become Lombing jadian.. Saw it already at few GnG development with man made lakes at shah alam.... Buy millions from developer, lake still pristine normal green colour. Once warranty period finish Dev gives to JMB... Lake become teh tarik color and smelly.... Sounds like sour grape.
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Just Saying
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Apr 5 2018, 04:14 PM
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So the ‘siew yuk’ factor is increasing?!
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Just Saying
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Apr 13 2018, 01:04 AM
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QUOTE(vampireangel1984 @ Apr 12 2018, 05:31 PM) well, i believe this is a dead town..and going to be a ghost town in the next 12 months or so I wonder if you can even afford a unit, be it lelong or developer’s. Talk is cheap.
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Just Saying
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Apr 13 2018, 11:05 AM
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QUOTE(vampireangel1984 @ Apr 13 2018, 09:51 AM) your point is? you can buy any unit in cyberjaya..proof to us you can a) afford b) make money If u need proof to everything then u might miss many thing in life, not only property purchase but also other areas. Sometimes u need to take chance in life. There’s no need to prove to you coz I don’t take u seriously nor your words. U don’t worth a cent. Sorry. This post has been edited by Just Saying: Apr 13 2018, 11:06 AM
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Just Saying
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Apr 13 2018, 11:13 AM
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QUOTE(1depp1 @ Apr 13 2018, 09:57 AM) As an ex-MMU student, I do have a say regarding Cyberjaya property now. Just a quick outlook : (1) Peaceful, very calm and quiet living space, less rempits (maybe nearby MMU area where the rempits gather, but very uncommon sight) (2) High supply, low demand for properties.. Maybe in 20 years time then there will be high demand for properties, but since urbanisation tend to move to Semenyih, Bangi area, I doubt Cyberjaya is going to be the place of urbanisation. Have you ever heard people saying.. "I want to live in Cyberia after etc etc.." No. Most of them tend to want to move to Puchong, KL, etc. (3) Again, laid back life in Cyberjaya makes it one of the peaceful region to live but quick access to KL. Bangi is predominantly Malay area. I have nothing against it. Location wise not bad. Semenyih? Oh dear. In terms of accessibility and location, it’s much worse than Cyber. Just coz Setia and EcoWorld is there don’t mean it’s a prime location. If u haven’t already known, both giant developers are struggling there especially Setia. They can only manage to target middle class and below buyers. Recently, they came up with rent and buy later to woo lower income buyer. What a joke.
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Just Saying
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Apr 13 2018, 01:30 PM
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Bottom line is, ppl are more interested in landed property nowadays if priced properly. That’s why Cyber south also selling well despite ex mining land. Condo oversupply is just too bad. Malaysia isn’t Singapore or HK. Many still want landed. Condo only sells well in city centre. Eco Glades is doing well too. And a parcel of land has been bought by EcoWorld near eco Glades.
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Just Saying
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Apr 13 2018, 05:19 PM
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QUOTE(icemanfx @ Apr 13 2018, 04:25 PM) According to google maps, from cbj; 13km to IOI Resort City Mall, 32km to mid valley, 23km sri petaling or 32km to KLCC. radius of dbkl is about 15km. Subang to KLCC - 24km Setia Alam to KLCC - 43km Semenyih to KLCC - 46km Cyber to KLCC- 32km Based on the above distance, I don’t see why Cyber is far from KL. I don’t wanna talk about Cheras/PJ all that as I believe you know those areas well.
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Just Saying
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Apr 13 2018, 07:26 PM
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QUOTE(icemanfx @ Apr 13 2018, 06:43 PM) How many current investors could sustain negative cash flow for 10 years? During the next 10 years, one could invest in more productive assets and buy into cbj in 10 years time if it start to prosperous. As if other areas is not liveable. No holding power is their fault. Who told them profit is guaranteed? Let those lelong units benefit those who can’t afford expensive property.
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Just Saying
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Apr 13 2018, 11:51 PM
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QUOTE(icemanfx @ Apr 13 2018, 09:58 PM) Isn't investment is about making profit? Unless one buy property with cash will likely incurr negative cash flow and property price need to increase faster than incurring bank interest to avoid losses. Contented is happiness, one needs not to be a tycoon to be happy and satisfied. On one hand profit, on the other being content. U’re contradicitng urself big time. Content means u’re ok even without profit, u just wanted a shelter. If u’re content, u won’t keep coming back to take your revenge. This post has been edited by Just Saying: Apr 13 2018, 11:51 PM
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Just Saying
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Apr 14 2018, 10:17 AM
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QUOTE(icemanfx @ Apr 14 2018, 12:46 AM) Suggest you reread my statement. One doesn't has to be a tycoon to be contented. I have no feeling, enemy or losses on cbj, there is nothing to revenge. I am just here to share facts, reality check and 2¢ worth of what I have learned from my lecturers. Suggest u dump what u learnt from your lecturer. Wonder which ‘top’ university that produced such rigid student like you. Definitely not Oxford or Cambridge. Textbook smart but lacks in experience and practical knowledge.
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Just Saying
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Apr 16 2018, 03:55 PM
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QUOTE(icemanfx @ Apr 16 2018, 10:16 AM) This is what cbj lovers like to say fried cold rice. Sometimes I wonder if u’re one of the victims of greed and foreclosure. Coz u kept saying those two things. Pity u if true.
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Just Saying
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Apr 17 2018, 07:38 AM
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QUOTE(icemanfx @ Apr 16 2018, 10:25 PM) If U.S subprime crisis in 2008 is of precedent, most foreclosure is the result of greed. Sounds like u’re hit badly in 2008.
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