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Leisure Farm Community
- Thread starter Jogs1
- Start date
Not as good as the previous one. Timing very bad - toll war, cooling measures, postponement of projects by UEM, interest rates, over supply all add up to poor sentiments.
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- Apr 29, 2014
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Yup. I was aware of that. Sweet deal.
Just wondering how it's going to be after that first 5 years.
It's a beautiful place. The leisure farm presentation and surroundings is just amazing. I tried to buy one unit but the deal fell through.
Too bad.
Just wondering how it's going to be after that first 5 years.
It's a beautiful place. The leisure farm presentation and surroundings is just amazing. I tried to buy one unit but the deal fell through.
Too bad.
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- Apr 29, 2014
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Yeah it certainly is, I was there yesterday with our ID starting to plan the work for the renovations towards the end of the year.
Certainly we will not know what the service prices are for another 4.5 years I think haha....anyway the way the tit-for-tat toll charges are going it will soon be cheaper to buy here!!!
Sounds like a good idea. I wouldn't be surprised especially flippers will be caught out with the recent policy changes as well as with more supply coming.
Recently drove to LF and thought I noticed that they had filled back soil and grass to planned NS highway exit to LF (exit towards Tuas immigration).
Anyone know if that exit will now be cancelled or postponed?
In addition, I heard that Bayou Creek II had already received some soft interest.
Semi dee going from MYR2.9 mn onwards and bungalow from RM4.5mn onwards.
Anyone receive additional info?
Phase one handover should start in Sep 2014.
Anyone know if that exit will now be cancelled or postponed?
In addition, I heard that Bayou Creek II had already received some soft interest.
Semi dee going from MYR2.9 mn onwards and bungalow from RM4.5mn onwards.
Anyone receive additional info?
Phase one handover should start in Sep 2014.
Work on that access road held up as they have to remove a big water pipe. Once that is remove work can resume.
Yes there have been some bookings for phase 2 at 2.8 million for semi d and 4.4 million for bungalow lots.
This Thursday evening got hari raya gathering at Bale Club for residents and friends. Come lah and find out more.
Heard some big news coming end of this month too.
Saw an ad in Sat CATs, Leisure Farm SemiD at RM2.6M and Bungalow at RM3.8M only. Distress Sale????
They bought at 1.7 m semi dee and 2.6 million bungalow.
Still make a hefty profit if got any takers.
But 5 years from now don't think any semi dee will cost less than 4 million.
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- Jan 17, 2014
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Thats 1 on the market more than 5 months now still no taker. It was RM2.8mil when the first ad appeared. The market price at the moment is not more than RM2mils given all the new policy and toll war. Be patient thats will be more coming out in the market from flippers. Thats 2 bungalows and 2 semi-d for sales.
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Accessibility would have improved by then. Work on motor city would been nearing completion. Hopefully some work on the HSR terminus which is reported to be next to motor city would also be in progress. Some other catalytic projects at Gerbang Nusajaya would be confirmed eg china mall, hotels and malls. Work at Sunway iskandar would be in full swing. The new access road from Medini that link to the highway would be completed. All these should lift semi dee prices up to at least rm$4 million.No? By then jurong condo prices will be at least sgd 1600 psf.
Crime rate and hassle of crossing the links are still big challenges in JB. Locals can just buy a large G&G terrace for less than $1mil RM, and currently the malls, shops and F&B are feeling the pinch even before further toll and VEP increases. It will be more conservative to assume about 3-4% annual capital appreciation in the short term of next 5 years. Jurong Lake District has government pumping in billions of SGD into a already vibrant centre, hence it is a different story altogether.
If Bayou Creek ph2 semiDs and bungalows are priced at RM2.8M and RM4.4M then I would expect the resale to priced RM2.2M and RM3.5M respectively. So better to buy from secondary market and I believed size are also bigger for ph1.
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I heard LF already pricing phase 3 semi dees at around 3.3 million next year. So in 5 years time assuming no major policy changes or change if govt 4 million will likely be breached. Don't think iskandar going to fail with so much investment pouring
A huge workforce working at a transformed Tuas is another factor to consider.
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