Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 The future of sungai buloh?

views
     
SUSscarypoolparty
post Dec 29 2019, 09:38 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(chainyong @ Dec 29 2019, 09:18 PM)
U5 is under shah alam, actually all shah alam not doing good for township development.

I don't think that is a demand  in 5 years for a high rise building subsales in U5, and this new project is surrounding by old development, if you really need a good environment, people will prefer that project closer to Elmina.

now the property market is good for new project due to low entry fee, but not good for subsales. If you buy a subsales, you need a 10% down payment and stamp duty etc.

for rental, i don't think it is high demand with good rental yield, that is few condo is planning to build surrounding the elmina project. My friend company also going to launch a new condo in denai alam with 4xxK, for new project I have no doubt the demand still very high, but for subsales that is not an easy deal to let go. My taman in Puchong, mature area, freehold landed, guarded, 22x75, many peoples want to let go @ RM 700k, but already hanging the yellow board for a year, still vacant and unable to sell, that is few people come for viewing, but noone can deal it, and surrounding new landed selling @ 1 mil, can fully sold in 1 months time, just start construction, we were thinking it will hard to sell, but fully sold within a month.

It is up to your own decision.
For me, i will say now is a good time to buy a property, but is not a new development in a non mature area, you can have a good deal in a mature area for a subsales unit, you can know what is the real market rental yield in this area, you know who is the potential tenant in this area, you can know the condo management doing a good job or not, you can know what is the shop/restaurant surrounding.

Anyhow, no pain no gain, you can try your luck to invest in a new development, high risk high return, you might gain a big profit after 10 years and enjoy your life.
*
Dun need to use one broom stick to hit everyone.

Kota kemuning not good? Setia alam not good??)

SUSscarypoolparty
post Dec 29 2019, 09:46 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(LazyKurosaki @ Dec 29 2019, 05:26 PM)
Hi all,

Today I went to see a few project below 500k. The project are

1. Embayu Residence @ Sungai Buloh
2. BLISS @ OKR
3. 216Residence @ Kuchai Lama.

Among the 3 project I see, embayu residence give me the feel at home kinda feeling. But I am not sure what's the future for property in sungai buloh especially high rise.

Embayu residence is located opposite nadayu 801. The project is also surrounded by landed double story houses + few shoplot there with mamak and 2 Chinese kopitiam jz to list a few.

I like the size offered by the project (1000sq ft), 2 car park and also the price jst ngam for me. The place is also quiet with not many traffic. However the only thing holding me back from placing booking is the area.

Will there be space for appreciation since not much public transport and amenities? Dash highway is expected to complete next year.

If I would to sell in the coming 5-10 yrs time, will it hard to let go? Is there any demand for the area?

If I I'm want to rent out the property,  is there any demand for rental there?
*
No one has cystal ball here. Even Kuda cant answer yr question.

Dun access the area on weekends. You are not seeimg the right situation

Its ok to plan but also need to plan for contigency. Ask yourself this, if there is change of event in 3 to 5 yrs, what plan you have for this property if you cant move you ?

Okr n kuchai are both wong area n jam area n also plenty of upcoming projects. There is definitely demamd.
SUSscarypoolparty
post Dec 29 2019, 09:54 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(LazyKurosaki @ Dec 29 2019, 09:52 PM)
I need a comfortable place to stay and easier to sell out when needed. If embayu doesn't fulfil, I will jz skip it. Because I myself have wrongly purchase my first prop. Don wanna repeat same mistake.

Easier to sell out as in the area still have demand. Not those area like puchong South etc that is super hard to sell out
*
From the way you do due diligent on properties
You will repeat the same mistake again.
SUSscarypoolparty
post Dec 29 2019, 10:02 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(LazyKurosaki @ Dec 29 2019, 09:56 PM)
That's why I need people comment on the area. I myself not experience at all and still in learning stage.
*
Here one and only tip from me....
Dun look for properties that suit yr budget.

Look for location that you know well and very confidence in. Then waiting for the right price property there
SUSscarypoolparty
post Dec 30 2019, 01:05 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(chainyong @ Dec 29 2019, 10:31 PM)
setia alam actually is not good, just recently EW come back, then this area start hot again.
Kota kemuning use longer time to develop, and the rental return is not that good, now many peoples want to move to the canal city due to the nice environment, i have few friends already planning to move out from KK to Canal city, they bought a super link or  Semi D in Canal city, and their neighbor many also ex KK residents.
*
people moved to greener pestures, doesn't mean the old township is not good. 6 months after 'your friends' moved in and please do a proper interview with them and ask them if they do have any regret.

years later your friends might moved from Kuala Langat to Banting or carey islands

even setia alam, at least 50% of residents there were from klang. there is no surprises. family extension, wealthy enough to move to newer and more secured places....and etc.

EW back to Setia Alam and SA hot again? hello, what smokes are you having my friend? can share some? what is the min entry price for a home in EA? are they catered for public general? all the sold out P17 homes in SA by Sp setia count for nothing? the long traffic jam at toll is due to EW?

can you quote me at least two examples of your perfect townships?
SUSscarypoolparty
post Dec 30 2019, 01:54 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(acgerlok7 @ Dec 30 2019, 01:12 AM)
Don't be so discouraged! It is always good to have due diligence process and screen thoroughly before making such big investment.

And also, you are consider lucky at least the first property didn't kill you off from this passion to learn and continue investing in real estate.

People make mistakes. So, don't feel uneasy at all to ask

In regards to your comments,

My suggestion is always this :-

(1) Look at the surrounding activities - Is the area you're investing near a bustling city/township or is a very quiet and sleepy town?

Bear in mind, developers can sell you many crazy dreams ie. the town will have biggest shopping mall in 10 years time lah, this place will be very Ong lah....all on FUTURE value that is yet to materialized. If you want more solid capital appreciation and lesser time needed for your exit strategy, better to buy matured area, although entry price will be higher. Because the crowd is already there, need not need a lot of "SEEDING" effect to "grow" that area, be it artificially(like Putrajaya/Cyberjaya) or Organically(Kota kemuning/Setia Alam back in 10 years ago).
With this in mind, I would suggest you should take a look at the 216 Residence that you've mention in Kuchai lama. If not , you also can shortlist a few more in the vicinity like Exsim's Millerz Sqaure mixed development project. Try to stay away from standalone township as they will need a long time for gestation period. So, you will wait donkey years to see your property achieve capital appreciation.

I personally know many friends who let go off their properties in KK Shah Alam due to unable to wait so long, only to curse and cry WTF when LKSA was completed because after that highway completed, the surrounding property shot up more than 200% ie. from 220k to now around 800k- 1million for DSL.
*
Please be fair and more accurate when recommend or quoting past examples.

I noticed you have quoted Miller Squarez twice already. You are either the agent or one investor that sunk your money into it and now want other bodies to join you. I don't even see Miller Squuare pricing is even close to be reasonable and you are recommend this to a newbie in property investment?

also, you quoting KK purchase price of 220k. to get a dsl in KK for 220kk it would have to be in 1997/98 (I would bet 220k would be the 1st phase in 1997). even for subsequent phases, at the height of property boom of 2010 to 2012, intermediate dsl never went above 800k. few years ago, the average was 750k, some as low as 700k. so to say now it valued even higher than property booming period is really sometimes else.

also please improve your math as well. bought 220k and now around 800k to 1mil is not 'more than 200%'. its just like now when you are 40 years old and when someone asks you how old you are, you said 'over 21 years old'. technically not wrong but its righty acceptable?
SUSscarypoolparty
post Dec 30 2019, 02:05 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(LazyKurosaki @ Dec 30 2019, 09:57 AM)
Thank u for advice and encouragement. My first prop was in bukit puchong. Saville D Lake. Biggest mistake I made in my life... Now that prop stucked there.. Thats why my 2nd prop I need to be more careful and ask more opinion from knowledgeable others..

Will have a look into 216 Residences again. Besides that, do you think the purchase price is expensive?

835 sq ft 2b2r
1 cp
425k

834sq ft 3r2b
2 Cp tandem
480k
*
bro property investment is a life long learning experience. its not just take a few hours course, learnt and invest. ultimately its your hard and sweat money you are talking about.

and with you, without much knowledge on sell then build, you can, like many others tktk and sifu here, buy lower risk subsale property. its almost proven with rent and subsale records instead of cheong property that you don't even see the walls and windows. you were lucky your 1st property is actually completed. try talk to those buyers that bought abandoned project. Really cry also no tears.
SUSscarypoolparty
post Dec 30 2019, 02:21 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(chainyong @ Dec 30 2019, 02:01 PM)
After your failure investment in cheras, you canged the ID ,uncle bean.

You always complaining other project, but your failure investment, you keep  silence.

You made a money in setia alam, just because you bought before bull run.
The limitation of setia alam exist, caused jam, many peoples bought it just because of the low entry price before with a shopping mall. But after that, the demand slow down and untik recently EW come back, the new investment start hot again. My friend was trying hard to sell the setia alam project last year, this year only start better due to people can see the EW progress in this area.

Today saujana putra also heavy traffic during working hours, it is called success township based on your theory? The canal city is part of the contribution to saujana putra traffic jam.
*
everything also your friend your friend...….your friend is the representative of klang valley property world isn't?

I didn't complaint. you were the only complaint about 'shah alam projects' all not good.

Setia still fully sold their affordable landed with or without EA. THIS IS THE FACT. Stop saying EA brings another level of wongness to Setia Alam. EA is another level and at par or better than Setia eco Park. its a rich man playfields and doesn't concern majority of forumers here,

my past is of nobody concern. what I wrote here is. if you disagree which what I wrong, please rebuke or debate. dig out my past only mean you are a sore loser, cant win debate on merit and have to drag something else not relevant to this topic and use as protective shield to your lack of knowledge in the topic you are writing.

do you have my full list of property investment? how do you even know which property I make or lose? and I never employed a PA to handle my properties ever. I never made a sen lost in my property so far and thanks God, but that doesn't mean I wont, and I prepare for it. doesn't matter if it was bought before bullrun or after. The only different is whether the profit margin start with 1, 2 3 or more. No sifu can avoid making mistake or bought a lemon in properties, Why should I be exempted? but to quote my failure investment??? if die die must quote, yes one. The one that I sold/passed on to family member at cost.
SUSscarypoolparty
post Dec 30 2019, 03:49 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(acgerlok7 @ Dec 30 2019, 03:40 PM)
Please don't simply assume or accuse...I am an agent but i don't exclusively sell Exsim's project, there are many other projects and I don't tie myself down or simply recommend someone something just because I want the commission.

By the way, I just calculated, even if based on your KK current price of 750k, 750k divided by 220k is almost 340%. So, Not right for me to say more than 200%? can u then please explain to me with your figures and facts, i would like to learn.

And also, my onus is to provide my insight only, whether TS buys whichever project, is not up to me to force or decide. So, stop bashing me just because you think you are right. I feel you are taking my opinions here so personally.

Chill man bro!  icon_rolleyes.gif  icon_rolleyes.gif  icon_rolleyes.gif
*
How do i accused you when you already declared you are agnet to miller square??? Hello

Its not wrong you quoted more than 220%....please re read my posting above. What lah these gen x or y......really one kind

I take all postings as serious as it comes. This is not kopitiam thread....and not tok kok sing song thread.

You have not done anything to debuke my debate on your 800k to 1mil price yet posted all non relevant info.

If you made a mistake, just acknowledged it amd move on. Thats simple. People make mistake and its common.
But came back and bark louder????

This post has been edited by scarypoolparty: Dec 30 2019, 03:50 PM
SUSscarypoolparty
post Dec 30 2019, 04:48 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(acgerlok7 @ Dec 30 2019, 04:13 PM)
Sorry i am not interested to debate with you in this thread. If you really have the guts, don't attack me personally on this thread. You've already said - this is no kopitiam thread. I am here just to provide my 2 cents worth of opinions and provide value. Whether or not TS decides to listen/buy from me/whatever decision made is not my thing to bother and to force.
If you really want to debate, take me on on my Personal Facebook account, I willing wait for you to PM me. I will provide you with my Facebook account so that I can add you, and then you  can take it on from there. You can even bash and shame me publicly on Facebook if you think i am speaking nonsense. I have no problem doing that. I debate with someone with  real name and real person. Not someone who is a keyboard warrior.
  icon_rolleyes.gif  icon_rolleyes.gif
*
Nobody attack you....and i certainly not wanting to fight you...pls learn to read before fight.....talk macam gangster ..

Calling you agent is attacking you??? That is your job. You should have declared yr position before recommend MS. I am not here to break people rice bowl. Been sincere and honest about yourself is the good 1st step.

What value you have provided to TS re miller square?? Unless you pm him direct, i dont read any "value"..
SUSscarypoolparty
post Dec 30 2019, 04:53 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(aaron1717 @ Dec 30 2019, 02:23 PM)
to be fair those SP setia northern phases that selling affordable landed for everybody is the one that make it hot again... not EW... EA min per unit also 1.2m and above... hardly have enough population to make it hot also given the number of units in offer... the northern setia alam getting more vibrant and more population due to those affordable landed and now causing more jam... but generally NKVE itself not enough to sustain the traffic these days all the way from klang... even setia alam solve their own traffic problem... the jam at SA toll still unavoidable due to NKVE jam itself...
*
You are talking to someone that his entire world is about his friends and his boss.

I still dun see the relevancy abt his friends moving houses and his rich boss got anything to do with places here.
SUSscarypoolparty
post Dec 30 2019, 05:07 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(aaron1717 @ Dec 30 2019, 04:59 PM)
lol... some ppl have to be based on assumption before sharing something here ma... in his case is his frens le... just that his fren also seems misinformed about the condition there... the slowdown in between was due lack of new launches at the northern side after SP setia got taken over by the gov... til all the p17 p13 p14 etc keep blooming out every year... the heat of setia alam is back again... all affordable homes also kasi sapu habis... more geng than sell vege...  tongue.gif  tongue.gif
*
His friends and his ex boss all rich rich ones...
How to fairly represent the samples? Like icey cheh said, 4% of population nia.

Til now i still waiting for his 2 examples of bestest townships......i afraid i am getting older by the second for waiting.

Anywhere ppl that earned 5 digit monthly pay maybe busy at work and not as relax as you and me....

Wait loh.

This post has been edited by scarypoolparty: Dec 30 2019, 05:09 PM
SUSscarypoolparty
post Dec 31 2019, 11:56 PM

Enthusiast
*****
Junior Member
751 posts

Joined: Oct 2019
QUOTE(LazyKurosaki @ Dec 30 2019, 04:32 PM)
Me and my partnw actually have a unit at Bangsar south, cubic botanical. Studio unit. Not sure if u heard bout it. Actual location is pantai dalam.. Now am looking for own stay due to have family soon.. Saville d lake not an ideal for us and cubic its too small.
*
So you have
One property is not ideal for own stay
One property is too small for own stay

And you are looking for 3rd property at wrong places and hopefully good for own stay???

Thankfully you can afford to have 2 units and can afford to go for 3rd.

 

Change to:
| Lo-Fi Version
0.0208sec    0.54    6 queries    GZIP Disabled
Time is now: 15th December 2025 - 12:10 PM