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 Hype Residences @USJ7 by Sime Darby

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chainyong
post Nov 7 2023, 04:12 PM

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QUOTE(IronManz @ Nov 6 2023, 11:54 PM)
Sold out bro.
Developer's press release today:
https://www.simedarbyproperty.com/press-rel...ing-subang-jaya

Very nice image by the way:
user posted image
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OMG, so fast sold out? So many ppl complaint it is over price, super jam blah blah blah, but sold out so fast...

Hopefully this project not make the traffic worse in USJ, I will move in USJ in 2024
chainyong
post Nov 7 2023, 06:43 PM

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QUOTE(BRE @ Nov 7 2023, 06:11 PM)
Which prop u bought in usj bro?

Yah didnt expect d 1st phase to be sold out so fast🥴
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I bought subsales, waiting title transfer
chainyong
post May 6 2024, 11:38 AM

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QUOTE(ironcrowz @ Apr 23 2024, 05:01 PM)
Saw on FB this project is sold out in 1 hour  rclxm9.gif

I thought property market is down now? How come still selling fast?

Any property sifu mind to summarize all the good points about this project?

(I don't follow any property news, just curious why this one is selling fast when generally property market is slow)
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Because Hype located at Strategic location,. Property market went down because the new launching mostly not in good location, still many potential buyers in the market, just the demand and supply mismatch.

The so call sold out within one hour, all is marketing strategy, all booking form signed during soft launching, and maybe attracted by early bird promotion etc, then all come to sign official documents on the official launch. Normally like this, because buyers can see the high demand of this property, unit selection will be faster, because buyers will feel that if i not buy this round because of unit number or floor number, then might lose the opportunity. Next launching maybe higher price.
chainyong
post May 6 2024, 11:40 AM

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QUOTE(v3noob @ May 6 2024, 09:25 AM)
I just noticed this project and recently went to the showroom before May, when I was there, the agents told me that tower A going to be open to booking on 1st May and Tower B will open end of May.
But then I read back comments on this forum and people saying around Oct 2023 already launch/booking, depo etc etc.
What kind of witchery is this? For us 7 8 months already but for SDP is only one hour izzit?
Or izzit SDP mask those reject unit as "new booking"?
Can any daikor or sifu enlighten me about this?
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You go check and share here, i am also wondering.
chainyong
post Jul 9 2024, 04:14 PM

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What is the selling price for 900 and 1130 sqft unit?
chainyong
post Aug 5 2024, 11:01 AM

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QUOTE(jrshow @ Aug 2 2024, 11:06 PM)
Is this series all sold?or still launching?
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Still got some unit and also some loan rejected unit, my friend just book an unit which is loan rejected unit
chainyong
post Aug 5 2024, 11:38 AM

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QUOTE(jrshow @ Aug 5 2024, 11:16 AM)
looks very slow launching, is this mean is not attractive?
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Now market not very good, my friend in the property line, he said the demand is still high, but most of the buyers had purchase the properties during Covid period due to better discount, now the buyers have weaker profile.

Now all the high rise building project is not easily to fully sold, one of reason is because higher density compared to before, now easily 40 storey and above, more units available to sell once they launched one block.


chainyong
post Dec 5 2024, 12:17 PM

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QUOTE(jrshow @ Dec 4 2024, 04:21 PM)
Smae old shit again with the promotor..30 unit left only...hype resident not laku???
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Premium price caused less target audience.

Currently Most of the house buyer only can afford maxium 600k

chainyong
post Dec 10 2024, 11:33 AM

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QUOTE(Longshot @ Dec 10 2024, 08:35 AM)
Sticker game.

Don't think most buyer can only afford 600k property.
Don't underestimate USJ or Subang Jaya investors and property owners.
More likely at that price point, ppl don't see the value anymore bcos just top up abit or hunt around, might get landed, which is the preference and demand for that area.
Hence this also explain the recent napic report that landed price are creeping upwards as more and more high rise launches in the area.
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If most of the buyer can afford property price higher than 600k, now rumah selangorku unit will selling at 600k and above.

USJ people might rich, but why they want to buy a high price condo? If USJ really hot cake, all units in Hype, in Alora and Amika will fully sold and no any single unit will leave.

My relative also bought Hype, but mainly for own stay, as he prefer to stay in condo but actually he stay with his in USJ big size double storey, just in future he thinking whole family move to condo becuase facilities and also more convenient n public transportation.

Many uncle aunty in USJ is super rich, but not necessary they have to buy or invest on the premium price condo.

Like myself, getting a double storey in USJ, DP plus renovation, easily 300k cash needed, but i will never buy a premium price condo in USJ. If i want to buy at premium price condo, USJ will not be my choice, i better go to Sunway or other more atas place
chainyong
post Dec 10 2024, 11:42 AM

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QUOTE(Gorila_ @ Dec 10 2024, 09:21 AM)
Boss longshot, new launch high rise will definitely push up landed price.

Your fav DPC landed also seeing similar trend when SB, PP,PR ready.

Without big boys dictating the price, old landed won't see appreciation.
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USJ landed price had stagnant for sometime, compared to puchong landed price still keep increasing.

I can not afford a puchong landed price (prime location), but i very surprise USJ landed price still stagnant at the same level. So i bought a landed unit in USJ.

Anyhow, let's see how the hype project will impact USJ. Hopefully the traffic will not badly impacted whole USJ
chainyong
post Dec 10 2024, 04:03 PM

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QUOTE(Longshot @ Dec 10 2024, 01:00 PM)
Boss,
Thank you 👍
You just contradict your earlier statement above.
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I think you have to understand the meaning of "most"

Premiun price product have less target audience.

My family memeber bought Hype also is a loan rejected unit. If can afford why loan rejected?

The the potential house buyers are not from Subang Jaya and USJ itself only, that is many pontential buyers for ownstay and investment are not stay in Subang Jaya area.

My sister invest in Sunway condo, she bought about 700k during MCO, now easily can rent out RM 3500 monthly to colleague student. I do not think USJ can have this kind of rental yield. She is not stay in Selangor , but her supplier told her this is a good deal to invest.

Myself stay in puchong 15 years, and soon will move to USJ.
If Hype selling cheaper and bigger built up, then i will not go for subsale landed.

I know many buyers of Hype and USJ resident put high expectation in this project, hope it can bring USJ house price increase.

Anyhow, market and the buyers are the indicator , if the project not fully sold, only one reason, the project is overpriced, it do not means Hype do not have potential, just it need time to grow.

Developer is selling you the future price, all their investment on amentities on facilities have to take back from buyers. If overall market is good, most of the buyers are rich, how overpriced the new project also can sell easily just like the property rally wave in 2010.

My friend family is a small developer, they also can see their project have a high loan reject cases compared to previously, worse than MCO time. The leftover buyers are getting weaker and weaker buying power, targer audience getting lesser, i guess high possibility the rich buyers bought too much property during MCO offer time, that time 1million property also can sell within one month after discounted from 1.4 million, i want to buy also too late as my agent told me booked by others during MCO time, i just need few weeks to consider after my viewing, but it taken by others so quick.

This post has been edited by chainyong: Dec 10 2024, 04:05 PM
chainyong
post Dec 10 2024, 04:11 PM

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QUOTE(Gorila_ @ Dec 10 2024, 12:03 PM)
Congratulations, I also see subang landed undervalued compared to Puchong.
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Last time is on par or higher than Puchong, now Puchong landed house price like rocket. I means prime location in puchong such as Bandar Puteri
chainyong
post Dec 10 2024, 08:12 PM

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QUOTE(Longshot @ Dec 10 2024, 04:19 PM)
Boss,
You can ignore me.
I didn't pay much attention in English class during school, so I can't understand what you trying to say.
My English very poor....so sorry....ya
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Dont worry, your english is good, just your logical thinking....

This post has been edited by chainyong: Dec 10 2024, 08:19 PM
chainyong
post Apr 16 2025, 06:55 AM

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QUOTE(thx2012 @ Apr 15 2025, 07:41 PM)
I not very agree you statement, i stay here USJ 1 10 years already, here the property near the BRT or LRT Rental is very good. for example Skyloft Kewingston is normal condo, but their 3 bedroom rental can easy hit Rm 3500, 2 bedroom hit RM 3000

https://www.iproperty.com.my/rent/usj-1/ken...iced-residence/

u can survey USJ 1 near the BRT and LRT Condo, their Rental quite good.

Sunway not more Land, if Sunway got Land, the Condo Price confirm go for 1 million and above. that why USJ 1 selling price increase.
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You check on the subsales price, only Rm 580k.

If RM 580k can easily rent out RM 3500, then subsales unit can easily sold out and maybe no listing to the public.


 

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