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 Youth City Nilai, To sell or to keep?

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special
post Feb 11 2021, 10:18 PM

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QUOTE(cy91 @ Feb 11 2021, 09:30 PM)
Yeah theory is like that, but cash flow wise u will need to pay out of ur own pocket + maintenance fee, cukai pintu, cukai tanah etc ~RM600 every month for no reason, while working to find tenant and maintain the property  rclxub.gif

I rather not have the hassle if u just want to do saving...
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do you know why they call it investment?
what happen when value increase?
of course location and the development of the place will determine your return.
is your cash beating inflation ?

assume 3% increase in property value per year can?
for 10 years 30% . no?
cost of material does not increase over 10 years? remain same cheap price?
cost of salary also not increase?

look at why KL property condo getting smaller and smaller in size but price still give you same at that 400k to 500k entry

heavensea
post Feb 12 2021, 06:50 PM

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QUOTE(cy91 @ Feb 8 2021, 07:54 PM)
U need to rent for RM1870 to breakeven...

Assuming u partition into 3 rooms, each room need to have two students each paying RM300 for a single bed. Not impossible.  hmm.gif
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Where got room demands in this particular area..
Ts cincai renovate and rent out asap la, can foresee rental will go lower once other buyers panic and low ball by properly agents.

Btw why spend dekat 400k buy Nilai.. worse decision than high density lj area in KL.
heavensea
post Feb 12 2021, 06:51 PM

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QUOTE(special @ Feb 11 2021, 10:18 PM)
do you know why they call it investment?
what happen when value increase?
of course location and the development of the place will determine your return.
is your cash beating inflation ?

assume 3% increase in property value per year can?
for 10 years 30% . no?
cost of material does not increase over 10 years? remain same cheap price?
cost of salary also not increase?

look at why KL property condo getting smaller and smaller in size but price still give you same at that 400k to 500k entry
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10 years 30% diulo..
Cincai buy high risk products by separately also out run this pathetic 30% appreciation theory la.
cy91
post Feb 12 2021, 08:17 PM

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QUOTE(heavensea @ Feb 12 2021, 06:50 PM)
Where got room demands in this particular area..
Ts cincai renovate and rent out asap la, can foresee rental will go lower once other buyers panic and low ball by properly agents.

Btw why spend dekat 400k buy Nilai.. worse decision than high density lj area in KL.
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TS already bought ma.. dont want to say until so bad later hurt other ppl feeling sweat.gif

But this GEM project is really a sucker
heavensea
post Feb 12 2021, 08:32 PM

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QUOTE(cy91 @ Feb 12 2021, 08:17 PM)
TS already bought ma.. dont want to say until so bad later hurt other ppl feeling  sweat.gif

But this GEM project is really a sucker
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Ya, I understand ts feelijg.
Cb sa always con 9 first home buyers, jiaksai la them. No different than those recon hand phone sellers at pertama complex.
special
post Feb 13 2021, 03:10 PM

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QUOTE(heavensea @ Feb 12 2021, 06:51 PM)
10 years 30% diulo..
Cincai buy high risk products by separately also out run this pathetic 30% appreciation theory la.
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this is not theory. you think property every year also sure go up?
if there is a product confirm go up every year one who dont want to buy?
property go up and got down also, depending on your timeframe.

when you say high risk product is all same, you can win so much you can also lose so much.
why dont you say go genting bet. return 1 to 95% leh. bet 1 game win you get 95%.
why need to invest in high risk product? why need to invest in properties?

ahkit123
post Feb 13 2021, 09:03 PM

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QUOTE(heavensea @ Feb 12 2021, 07:50 PM)
Where got room demands in this particular area..
Ts cincai renovate and rent out asap la, can foresee rental will go lower once other buyers panic and low ball by properly agents.

Btw why spend dekat 400k buy Nilai.. worse decision than high density lj area in KL.
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Ya, better buy at Klang Valley if for investment
Youth City Nilai
post Feb 21 2021, 08:09 PM

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Hi owners of Youth City Nilai, I created a Facebook group for us to exchange our views and development progress. Kindly join the below FB group

https://www.facebook.com/groups/134652038531348
waayynnee
post Mar 29 2021, 07:03 PM

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Is this property good for investment? Currently got discount + cash back 🤨
SUSalibaba5263
post May 1 2021, 06:46 PM

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Any news on competion date?
uk15029
post May 2 2021, 08:53 AM

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QUOTE(waayynnee @ Mar 29 2021, 08:03 PM)
Is this property good for investment? Currently got discount + cash back 🤨
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I don't think so...
waayynnee
post May 2 2021, 04:26 PM

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QUOTE(uk15029 @ May 2 2021, 08:53 AM)
I don't think so...
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Mind to share why?
peja5081
post May 7 2021, 09:33 AM

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QUOTE(waayynnee @ May 2 2021, 04:26 PM)
Mind to share why?
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380k at nilai can get landed already. Why people want to stay condo?
Go salak tinggi can get double storey for that price. Now also soo many new house being build. Price dropping and stagnant now. Even at labu 5min to nilai can get double storey house for 360k.

This post has been edited by peja5081: May 7 2021, 03:32 PM
cy91
post May 7 2021, 10:11 AM

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QUOTE(peja5081 @ May 7 2021, 09:33 AM)
380k at nilai can get landed already. Why people want to stay condo?
Go salak tinggi can get double storey for that price. Now also soo many new house being build. Price dropping and stagnant now. Even at labu 5min to nilai cant get double storey house for 360k.
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+ no free parking (worth of 30k each)
special
post Jul 11 2021, 03:42 PM

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good effort promoting gembox. so many guru and partners working together to promote.
now i am more clear about gembox.

will i visit. yes. will i stay in the airbnb, maybe.
will it be popular - hard to say

I hope it can be successful to promote malaysia tourism.
for investment frankly, i still dont see it as a Gem.
but the effort from Developer + hardwork - MUST REALLY GIVE THEM A THUMBS UP
propertyowner
post Aug 30 2021, 11:26 AM

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QUOTE(EY Yow @ Aug 29 2021, 11:00 PM)
Latest GEMBOX construction site photos

I had create a Telegram Group of Youth City Project for sharing latest info & latest project development for reference . Thanks

t.me/joinchat/X6IP-OdcXr8yNmM1

user posted image
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Looks poor with such hawker center design..
special
post Aug 30 2021, 12:19 PM

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great effort but not convincing for me to invest.
all those guru start promoting.
i hope it is successful but i dont want to dump my monies into this area to bet.
nexona88
post Aug 30 2021, 08:30 PM

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Wait & see first.

For now, good effort done
propertyowner
post Sep 2 2021, 10:57 AM

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QUOTE(EY Yow @ Sep 2 2021, 10:52 AM)
Latest news from Developer, they will provide free shuttle buses to surrounding 15 stations (include Universities & KLIA).

It will be added selling point & can boost up the arrival of visitors from surround to GEMBOX.

user posted image
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Why self like own post whereas most were known this will not be a good commit.
Time Walker
post Sep 2 2021, 05:29 PM

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3213 units consider high dense?

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