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Investment Shaftsbury Square, Cyberjaya, Mixed Commercial & Residential Dev

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aquest
post Jul 19 2010, 11:47 AM

On my way
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Joined: Jan 2003


QUOTE(ollywooly @ Jul 19 2010, 11:09 AM)
we decided to put our money somewhere else...but we still 50/50...
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this is one hot property but..so far without any paper gain..better let go, move on n look elsewhere?

since there r now at least 10 designated cybercities n cybercentres located in established commercial areas (in mostly in kl/pj), wonder why would ordinary MSC status companies bother to relocate (or open a postbox office) to far away cyberjaya..more cybercities n cybercentres r being designated each year. most ordinary msc status companies r 'forced' to relocate/open postbox office in designated zones primarily to comply with BoG #5 out of 10.

This post has been edited by aquest: Jul 19 2010, 11:48 AM
aquest
post Jul 28 2010, 06:11 PM

On my way
****
Senior Member
662 posts

Joined: Jan 2003


QUOTE(koonming @ Jul 28 2010, 02:00 PM)
Because the rental in other area is very expensive compare to cyberjaya.

E.g. TPM, BandarUtama, KL Central, MidValley.

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not necessarily..when one takes into account of the logistics, convenience, time n proximity to business partners.
take a look at the many MSC designated buildings located in the KV here http://www.mscmalaysia.my:80/topic/Cyberci...ercentre+Status

i suppose there were not many msc designated zones during the previous administration but under the current premiership more such zones have mushroomed. all a msc status company need to comply (with mdec's BoGs) is simply to set up a puny office with some relevant documents, a telephone line, old computers (for show only lah) n probably 1 staff to man the under-utilised office..thats all. no knowledge worker, expensive IT or multimedia equipments involving complicated cabling system need to be relocated. heck, can even share it with another company to share rental exp.

This post has been edited by aquest: Jul 28 2010, 06:24 PM

 

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