next time pls state clearly.

hi guys..just went to the Shaftsbury square sales gallery yesterday. As expected, the sales agent is really good and proudly talking about the prospect. Was really interested, until i read this thread. Good that it makes me think more..since i not familiar with cyberjaya. At least i wont hastily make a purchase. Now units left starting from level 15 (studio) starting at rm 288000 to highest floor ( 311000) with 3% rebate.
Also went to hv a look at Domain 3. CHeaper but less returns. However, target tenants are wider (students and workers). If SS, only expect expatriates. 1 block got 25 floor with 6-7 studio units. 2 blocks=300 units---> need to target 300 expatriates to rent the place ? quite big gamble right ? who says company wont just rent cheaper studio units like in Domain for their expats. Please feedback if you guys have any. Thx

Hi, Was at CBJ over the weekend...lots of construction in place...looks like the place is booming....the plot of land next to LKW is huge...and plenty of land next to LKW as well...the whoe area is rather quiet...not very happenning...except some retail activities near Domain and MMU.

Hi Freak_z, since u were at SS's sales office, did u notice any one bedroom unit left? I am very interested in their one bedroom unit but the last time i went all kena sapu liao...Unbelievable...is it one of those 'stickers game' or not? I didnt really like the studio type, a bit cramp for me...

Updates from those projects...

I did mentioned that Cyberjaya is going to boom in 2 to 3 years time. There are at least 7commercial and residential property now under development in Cyber Jaya. Shaftsbury, Symphony Hills, Serin Residency, The Pulse, Garden Residence, The Place, Domain , Mirage. Cyberjaya is of national interest. Over the years Cyberjay has matured with all the best communication infrastructure. Strategically, shaftsbury should stand out as the commercial meeting point. Thats why it is the most expensive.

Take your pick. All investment should be safe but you will need to decide which give the highest return and I have picked mine.

So Bro buzzlite, r u vested in SS?

Yes and I am now evaluating domain or serin.

Wow...loaded... :-)

---

Added on March 2, 2011, 1:12 pmAnother vote of confidence for CBJ...



A leading global semiconductor company known for its graphics and computing technologies, AMD Malaysia currently employs close to 1,100 employees in Penang, Labuan and Cyberjaya.

CYBERJAYA: AMD has expanded its footprint in Malaysia with the inauguration of new Global Services Centre in Cyberjaya, the first and only global services centre for AMD, and the company's third location in Malaysia.

It was set up to meet growing demand within the AMD global network for organisational and operational services, and occupies more than 80,000 square feet.


The four-storey centre was launched by Deputy Prime Minister Tan Sri Muhyiddin Yassin today.


AMD senior vice president Devinder Kumar said Malaysia itself earned a place among the top three shared services destinations in the world behind India and China.

"Identified as a National Key Economic Area in the nation's transformation toward a high-income, innovation-led economy, the shared services industry is expected to employ 300,000 knowledge workers by 2012," he said at the launch of the centre here.


Also present was AMD interim chief information officer and corporate vice president Tom Painter.

Established in Malaysia in 1972, AMD is one of the eight pioneer electronics companies that established operations in Penang.

A leading global semiconductor company known for its graphics and computing technologies, AMD Malaysia currently employs close to 1,100 employees in Penang, Labuan and Cyberjaya.


Devinder said the launch of the centre positioned AMD as the only global company to have a fully integrated Finance and Accounting Global Services centre in one country.

He said currently, AMD employed approximately 400 people in AMD Global Services Malaysia with plans to grow to over 600 by 2013.

"In doing so, we will support investments which are knowledge-intensive, high value added and aligned with the government's goal of increasing Malaysia's Gross National Income per capita," he said.
-- BERNAMA




Read more: AMD expands in Malaysia with new global services centre http://www.nst.com.my/nst/articles/AMDexpa.../#ixzz1FPqpQwTQ

This post has been edited by AndyTan6141: Mar 2 2011, 01:12 PM

I'm in dilemma in getting a unit here since the price is really steep and its the most expensive around Cyberjaya. Any sifu can advice ah since the target segment is mainly for expat only .Got that many of expat meh? nia

true...i have the same doubt as u.... where got so much expats in cyberjaya? plus to 400++ sqft is just too small.. not sure what kinda tenant they aiming for that...?

according to the SA, there are approx of 3.5K of expats reallocating to Cyber wor.. How true is it, really no comment la. I do not see the logical reason why of getting so many expats to work in Malaysia where else the main purpose of outsourcing is to save $$$ nia. Expat $$$ simply too high and not cost effective also.

Anyway went to the Sale Office today and many units already marked, hopefully nxt wk still can sapu 1 unit if I change my mind later nia..

Here is more facts why Cyberjaya will boom. Shaftsbury will also cater for wealthy foreign students. Paying RM2000 per month is not uncommon in KL.

:S P Setia acquires prime land in Cyberjaya Flagship Zone


S P Setia Berhad recently announced the purchase of approximately 268.11 acres of prime freehold land in Cyberjaya's Flagship Zone for RM420.4 million.

To be developed by Setia Eco Villa, a joint venture company between S P Setia Berhad and Setia Haruman Sdn Bhd, the project will be a mixed residential and commercial development and is expected to have a gross development value of around RM3 billion. The project is expected to commence in FY2012 and span a development period of about six years.

Located strategically within the Cyberjaya Flagship Zone (CFZ), the land is highly accessible and well connected by a network of highways including the North-South Expressway, the Damansara-Puchong Expressway and the MAJU Expressway.

S P Setia President and CEO Tan Sri Liew Kee Sin said the Group was excited about the potential of the land and looking forward to creating a new eco-themed development based on the award-winning DNA of its flagship development of Setia Eco Park in Shah Alam."There is very clear and present demand for properties in ecologically attuned enclaves in the Klang Valley and this new tract will allow the Group to tap into this demand by offering products with Setia Eco Park's proven award-winning 'DNA' in a new and upcoming Klang Valley location," said Liew.

"The size of the land is perfect for a mid to high-end gated and guarded development comprising semi-detached homes, bungalows and commercial developments,"he added. The tract will be designed and developed to blend seamlessly with the natural topography of the Said Land with flowing creeks, lush greeneries, green parks, extensive landscaping and streetscapes.

"The Group is confident that this new project will help elevate the standards of living in Cyberjaya to a new level in line with the Government's vision for Cyberjaya the be the nation's foremost centre for international and local ICT, multimedia and shared-services outsourcing investments and operations," Liew said.

Latest news articles on S P Setia Berhad:
S P Setia buys Cyberjaya land for RM420mil
S P Setia to launch RM3b project in Cyberjaya
S P Setia acquires land in Cyberjaya for RM3b development



For more information about S P Setia Berhad, visit www.spsetia.com.my

To unsubscribe to this newsletter, click: http://epis.spsetia.com.my/corporate/optOu...=25619&l=20&a=2





________________________________________
This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and privileged under applicable laws. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of this message and the information it contains for any purpose is prohibited. If you have received this e-mail in error, please notify the sender immediately by return e-mail and delete the document and all attachments thereto.

S P Setia Berhad Group and / or any of its subsidiaries, related companies or entities ("S P Setia") does not and cannot guarantee that attachments are virus free or compatible with your systems and does not accept any liability whatsoever in respect of any viruses or computer problems experienced nor any errors or omissions in the information or other contents of this e-mail transmission which arise as a result of this form of

This is going to be some real big opportunity to invest .

My friend, this high price has limited appreciation room and might even unsustainable. It is good for own stay if you dont mind that it is a bit far from KL and willing to keep for atleast 5-10 yrs to gain some profit.

don't think the population of expat will reach 3.5K

Hi andy. Yes, Second phase with one beroom unit from floor fifteen onwards; starting at 288k. Im still not really confident with cyberjaya. If all booms out at the same time, the rental opportunities will be very tight and thi smight cause us to reduce the rent to get a tenant. DOnt you all agree ? Im looking forward to own my first aparmtnet/condo. In fact, Domain quite interest me; cheaper and larger target tenants.

Too many luanching over last half year. Domain 3, shaftfury, dpluze, the place, and the one next to domain 3 ... Serin or something.. Mahsing garden residence ... Etc ... Look like resident condo is more than commercial building construction now ... will it be oversupply of resident condo? In cbj ...

Oversupply of condos will surely happen as most ppl will still prefer to stay somewhere near like puchong or SK and travel to cyber to work. Unless gomen is willing to open to non halal business to attract more people to invest in cyber..... aiya shud bet on this or not leh. ???

---

Added on March 8, 2011, 1:05 amNo one can predict the future for sure and the scenario now is pretty much the same as TTDI decades ago where ppl complain the place damn ulu-ulu wor and now c wat happened..Same goes for Puchong and BU oso nia..

This post has been edited by anzen600: Mar 8 2011, 01:05 AM

Depending on what you meant by 'non-halal'....ummm...gambling den? massage parlour?? pubs???
I was informed that there will be pubs at SS...but again all these are informed by SA...maybe true, maybe not...guessed will have to wait for a while to see this through...but then again...the longer one waits, the less opportunities there will be...

---

Added on March 8, 2011, 9:41 pmHi Freak_z....yes, when u compare Domain with the rest of the new launches now...Domain sure looks more reasonaly priced...and with a ready tenant catchment in the form of Middle East tenants mostly, who prefer halal establishment and good paymaster...

This post has been edited by AndyTan6141: Mar 8 2011, 09:41 PM

[quote=AndyTan6141,Mar 8 2011, 09:36 PM]
Depending on what you meant by 'non-halal'....ummm...gambling den? massage parlour?? pubs???
I was informed that there will be pubs at SS...but again all these are informed by SA...maybe true, maybe not...guessed will have to wait for a while to see this through...but then again...the longer one waits, the less opportunities there will be...

---

Added on March 8, 2011, 9:41 pm

Andy u bought a unit there edy ka? if yes, how much nia?

If Cyber allowed non halal food, + existing nice middle east food and indonesia food, I will move to cyber !!!