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Investment Shaftsbury Square, Cyberjaya, Mixed Commercial & Residential Dev

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anzen600
post Mar 6 2011, 07:36 PM

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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? icon_question.gif nia
anzen600
post Mar 6 2011, 10:56 PM

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QUOTE(lngck @ Mar 6 2011, 10:03 PM)
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...?
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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..
anzen600
post Mar 7 2011, 01:59 PM

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QUOTE(buzzlite @ Mar 7 2011, 12:33 AM)
tongue.gif

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.

thumbup.gif  thumbup.gif  thumbup.gif  thumbup.gif  :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

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This is going to be some real big opportunity to invest .
anzen600
post Mar 8 2011, 01:00 AM

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QUOTE(nkhong @ Mar 7 2011, 11:54 PM)
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 ...
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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 am
QUOTE(freak_z @ Mar 7 2011, 11:26 PM)
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.
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No 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
anzen600
post Mar 8 2011, 10:04 PM

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[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?
anzen600
post Mar 9 2011, 10:51 PM

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QUOTE(AndyTan6141 @ Mar 9 2011, 10:14 PM)
Hi Anzen...yup...I am vested...RM282k for a 639sq ft unit...  blush.gif
How abt u ?
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Woa.. but they only left those with 463sqft for 290K.. Damn mahal la so still thinking wanna bet on this or not tongue.gif
anzen600
post Mar 10 2011, 08:05 PM

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QUOTE(wl_n @ Mar 10 2011, 07:12 PM)
How much psf is the selling price now?
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6++rm psf... crazy isnt?

 

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