Investment Shaftsbury Square, Cyberjaya, Mixed Commercial & Residential Dev
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 Jul 3 2010, 11:55 PM
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#1
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Senior Member
1,466 posts Joined: Jul 2010 
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QUOTE(spikyz @ Jun 28 2010, 09:56 PM) So there is no more unit left, for C? More than RM400 per sqft, is it too expensive? Why don't you looking for other surrounding area, such as Cyber Heights Villa? Per sqft price starting from RM235... value of money.   |
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Aug 20 2010, 11:21 PM
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#2
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Senior Member
1,466 posts Joined: Jul 2010
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QUOTE(cplng @ Aug 17 2010, 11:30 PM) If I have to compare this to stocks, I think CBJ is more speculative, and is not based on fundamentals. You are right. I know few foreign banks have stopped to provide loan facilities for Cyberjaya projects. Also, RM400/sqft is the highest price I know of for the moment. If you check the iProperty website, you may get a condo direct facing Putrajaya Lake with much lower price, around RM270/sqft. For this kind of investment, you need to have holding power, and wait for 10-15 years before you start to see your investment gaining. As have been calculated by some forummers, the price per sq foot is already above some prime land e.g. Subang Jaya. The developers are just tapping on the property boom. Consider the fact that Symphony Hills are going for RM1mil plus each - if I have money, I would plunk that money in some other much better locations that can grow in price faster. Unless, I really love to stay in a place where I'm the only one in the queue when I go shopping, or I go into a restaurant where I am the only one served, at least for the next 5 years. So, for those pay RM400/sqft may need to take 10-15 years (maybe less as many developers are planning to launch new project within 1-2 years) to see the investment gaining. But, those smart investor who pay RM200-RM270 may take less years to gain. |
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Aug 21 2010, 10:17 AM
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#3
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Senior Member
1,466 posts Joined: Jul 2010
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QUOTE(ch_leong @ Aug 21 2010, 02:48 AM) it's definitely overpriced. but still depends on how you look at it. This place is good for working not staying. Place for living is very personal, no one has a same taste. Some like in USJ/PJ/Cheras, and another groups prefer outskirt. Friendly speaking, I like Cyberjaya, and already staying here for more than 4 years. I hope it will not over-heated by new developments. |
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