Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment Shaftsbury Square, Cyberjaya, Mixed Commercial & Residential Dev

views
     
kl_mouse
post Oct 18 2010, 05:47 AM

Getting Started
**
Junior Member
87 posts

Joined: Oct 2005
The price is too high.
What is the expected rental return? Around RM2k for studio unit?
Most workers in CBJ are young Malaysian working the shift hours as most of the MNC have setup the global support centre in CBJ. If each of them earns RM3k a month, will they fork out RM2k for accommodation?
Even if two person share unit and one person for out RM1k, it is still ridiculous.
Foreign expats? We know they like entertainment especially social night life but CBJ is under Sepang which is rather restrictive. For e.g. there is no restaurant in CBJ allowed to sell pork. Don't think they will let pubs thrive!

For investment, I don't think it will yield good returns. You will eventually be forced to rent out at RM1500 or lower and risk having it vacant.
However, if for your own residence, this price is good since it looks like a quality development with reputable company and financier. That's if you are the kind that looks forward to coming home to a nicely furnished home.

I was working in CBJ from year 2007 to 2008, then my company moved office to KL. Recently, I have moved on to another new company which is based in CBJ, so I am back in CBJ and happy to be back smile.gif

I have opted to put my investment at Domain 3. Completion is end 2012 and I have yet to decide if I would stay and rent out.
kl_mouse
post Oct 19 2010, 06:50 AM

Getting Started
**
Junior Member
87 posts

Joined: Oct 2005
QUOTE(nkhong @ Oct 18 2010, 10:57 PM)
Hi How much per sgft for domain 3? Thanks ...
*
I paid approx. 367/sqf for the 2 bedroom unit (750sq)
kl_mouse
post Nov 9 2010, 08:23 PM

Getting Started
**
Junior Member
87 posts

Joined: Oct 2005
such is life that nothing is ever confirmed until u actually see the signboard of these companies on the property biggrin.gif

 

Change to:
| Lo-Fi Version
0.0136sec    0.24    7 queries    GZIP Disabled
Time is now: 6th December 2025 - 01:07 AM