I've been working in Cyberjaya for the past 7 years. I have got an apartment in Cyberjaya 3 years ago which i just sold off.
Ironically, there are at least 7 projects which will be completing in the year of 2013 - 2014 and vary from Semi-D, SOHO and Condos.
Main Question is Why developers are investing and developing this area?
On the other hand, the houses built are none for family based but mostly for investments which then will be rented to the students.
Monthly, you would expect at least RM 2500 per unit to fulfill the installments. With high number of supply and low number of demaind, prices could not be as high as RM2500.
Maintenance is a cut throat minimum of 0.35 /sqft (its not really maintained to be honest)
So, despite all these, why would anyone want to invest in Cyberjaya. Honestly, 3 years i owned a place in Cyberjaya. I do have an appreciated value of the place, BUT, that was 3 years ago, when this apartment i bought was the newest among the rest.
I'm seeing 2013 -2014 will be the years where house owners are going to be hunting for tenants instead of the other way. Well, just my seventh sense.
THE ARC@CYBERJAYA [OWNERS' THREAD], Developer of Cova KD goes BIG Investment