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Investment cyberjaya/putrajaya, investment good???

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cutealex
post May 31 2011, 06:44 PM

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QUOTE(jessand @ May 16 2011, 11:34 PM)
hi everyone, what do you think of investing in cyberjaya area??? A lot of properties is coming up such as shaftbury, d'pulze, the arc, domain, mirage lake & etc.... Is there any potential in the future?
Right now, when we mention about cyberjaya, no one has interest in it(investment) unless for your own stay(maybe the area is quite safe and it's cyberjaya address).

any comments? thks all
*
I hv been follow up before Shaftsbury launch,d'puzzle...at last no step in after drive through the surrounding area...i still can remember the 'sweet talk' by Shaftsbury SA....who sd no one interest in investment when talk abt cyberjaya...the price shoot up damn much becos of these investors if u notice...overall i thk Shaftsbury will take more advantage in term of location and the most faster complete (if follow SnP date)to catch up the tenants first....
Rogesterada
post Jul 22 2011, 12:00 AM

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Cyberjaya seems like a 50/50 thing....any other pros have input in this matter , I would like to know as well.
koopa
post Jul 22 2011, 12:50 AM

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Cyberjaya has a population of 41000 by day and 14000 by night. That means alot of people is working there and not staying in Cyberjaya. There will be 4000 units launching from now to 2014 in Cyberjaya. Putrajaya will be launching a series of shoplots soon im not sure where.

For the last 2-3 years CBD 2 price increase from RM800k-1.8k to RM3m-6m. NeoCyber Shops frm RM500k to RM700-RM900k. NeoCyber RM150k apartment rental is RM1300- RM1500. Lakeview East bungalow was RM80psf now its RM155 (iproperty). CBD 1 rental is around RM16k for 5 storeys.

The price is too much but still people is buying..

If only theres a MidValley with GSC or TGV in Cyberjaya to attract people. Alamanda Putrajaya is too far..


Ryan Soo
post Jul 22 2011, 02:35 AM

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i work in cyberjaya..my comp has about 1500 employees....but i think less than 3% staying in cyber
staying in cyber mostly were students from those uni and colleges..for those who invest in cyber, don't think you can yield high rental or able to resell your property with high return after 2013...

just my 2 cents
yoki
post Jul 22 2011, 11:35 AM

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seems so many launches here...wonder pple are really ready to stay in such a quiet town?
joyish
post Nov 29 2011, 04:03 PM

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QUOTE(koopa @ Jul 22 2011, 12:50 AM)
Cyberjaya has a population of 41000 by day and 14000 by night. That means alot of people is working there and not staying in Cyberjaya. There will be 4000 units launching from now to 2014 in Cyberjaya. Putrajaya will be launching a series of shoplots soon im not sure where.

For the last 2-3 years CBD 2 price increase from RM800k-1.8k to RM3m-6m. NeoCyber Shops frm RM500k to RM700-RM900k. NeoCyber RM150k apartment rental is RM1300- RM1500. Lakeview East bungalow was RM80psf now its RM155 (iproperty). CBD 1 rental is around RM16k for 5 storeys.

The price is too much but still people is buying..

If only theres a MidValley with GSC or TGV in Cyberjaya to attract people. Alamanda Putrajaya is too far..
*
Looking at it, still majority of people doesn't live in Cyberjaya, and i believe this is mainly due to lack of available property in cyberjaya. Even with 4000 units available by 2013, i do not think that it is sufficient to cover the extra population of 27,000. And by 2013, these numbers could have already increase. Based on this facts, i really think that people should invest in Cyberjaya, as the demands is surely there. What people should consider is, whether the property is resonable in price, as the price is very expensive now. selling maybe around 700 psft. Those early buyer will be lucking as some buy at a price of ard 300 - 400 psft, which surely a good investment.
numbertwo
post Nov 29 2011, 04:50 PM

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The ratio of 'affordable' home vs. million-dollar home in Cyberjaya is exactly like the average ratio of MD/CEO vs. executive in a Co. Midlevel income earner still finding hard to buy one for own stay here.. and amenities are rare here too. Do you think there are so many CEO/MD here in CJ that wanna buy/stay-in in cyberjaya?

we need more medium cost properties and more amenities here to boost the population.. why hasn't this been executed since then?
carl666
post Mar 7 2012, 12:54 AM

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QUOTE(joyish @ Nov 29 2011, 04:03 PM)
Looking at it, still majority of people doesn't live in Cyberjaya, and i believe this is mainly due to lack of available property in cyberjaya. Even with 4000 units available by 2013, i do not think that it is sufficient to cover the extra population of 27,000. And by 2013, these numbers could have already increase. Based on this facts, i really think that people should invest in Cyberjaya, as the demands is surely there. What people should consider is, whether the property is resonable in price, as the price is very expensive now. selling maybe around 700 psft. Those early buyer will be lucking as some buy at a price of ard 300 - 400 psft, which surely a good investment.
*
rclxms.gif I am quite blown away by your words and facts.. Its just that May I know where do you get all these info's?
Because you might be the big reason for me to purchase a property in Cyberjaya very soon... icon_question.gif
joyish
post Mar 7 2012, 03:23 PM

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QUOTE(carl666 @ Mar 7 2012, 12:54 AM)
rclxms.gif I am quite blown away by your words and facts.. Its just that May I know where do you get all these info's?
Because you might be the big reason for me to purchase a property in Cyberjaya very soon... icon_question.gif
*
you can Google. You can also search wikipedia, lots of information there. I have been to MPSJ building also to get the masterplan. FYI, i have purchased Serin abt 1 and half year ago. The price has gone up abt 30% since then. I have checked with MPSJ and based on their master planning, there ain't be many space left for residential devlopment, after completion of current property projects. Just one area next to HP there, where they are currently extending the road (ops Symphony Hill area).

So even if the demand not as great after all these properties completed, it will eventually, as not many land for residential. even with the ratio, not everyone can live in cyberjaya. this also means that you should look at seri kembangan area also for investment, as it is the closest to cyberjaya.

You should go to MPSJ to get more info, if you really keen on buying property in cyberjaya.
spydermind
post Mar 7 2012, 04:43 PM

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MP Sepang , not MPSJ (Subang Jaya).

In fact there are plenty of theresidential area but not at the heart of Cyberjaya ..... further south of cyberjaya, there will be more affordable housing .

Once the commercial or retail pick up, they will need more companies to be coming in to operate within Cyberjaya.
joyish
post Mar 8 2012, 10:36 AM

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QUOTE(spydermind @ Mar 7 2012, 04:43 PM)
MP Sepang , not MPSJ (Subang Jaya).

In fact there are plenty of theresidential area but not at the heart of Cyberjaya ..... further south of cyberjaya, there will be more affordable housing .

Once the commercial or retail pick up, they will need more companies to be coming in to operate within Cyberjaya.
*
Ya your right. the office is near Pusat Komuniti Taman Tasik Cyberjaya.
SKfolk
post Mar 8 2012, 11:31 AM

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QUOTE(koopa @ Jul 22 2011, 12:50 AM)
Cyberjaya has a population of 41000 by day and 14000 by night. That means alot of people is working there and not staying in Cyberjaya. There will be 4000 units launching from now to 2014 in Cyberjaya. Putrajaya will be launching a series of shoplots soon im not sure where.

For the last 2-3 years CBD 2 price increase from RM800k-1.8k to RM3m-6m. NeoCyber Shops frm RM500k to RM700-RM900k. NeoCyber RM150k apartment rental is RM1300- RM1500. Lakeview East bungalow was RM80psf now its RM155 (iproperty). CBD 1 rental is around RM16k for 5 storeys.

The price is too much but still people is buying..

If only theres a MidValley with GSC or TGV in Cyberjaya to attract people. Alamanda Putrajaya is too far..
*
If many companies there and ppl buy the propert for investment only. Then u will find the town will turn out a ghost town at night. If there are more ppl buying the property for their own staying rather than investment leave them vacant then it will become a good township. Some time low density is good but not too extreme low. Must have a balance. I can see it may take some time for getting ppl's confidence to stay there.

This post has been edited by SKfolk: Mar 9 2012, 04:59 PM
spydermind
post Mar 8 2012, 10:50 PM

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a lot of people talk about ghost town .... but what is a ghost town...no one living there?? or less activities/establishment at night?

Back to the main topic....people buy to invest for 2 reasons : rental and flip. I dont think Cyberjaya will be a ghost town....

First, there are lot of companies there already....a number of those companies are running 24x7....so, there are people within the town be it in the morning or evening. Well, in my opinion, there are really a lot of condo/service apartment launched since 1-2 years ago, easily 4000+, while landed about few hundred to 1000. Of course, it will takes time to populate the place like many other new project... if the occupancy rate reach more than 80 percent within 1 year after VP, that is already a very good achievement to a certain extend.

So, it is back to you definition of ghost town again....many areas are so populated with people during weekday, but suddenly become very quite during the weekend, especially those office area or major commercial/factory area. This also happen in manuy countries....and you cant even find food during the weekend, because most restaurants are closed.

In comparison, Cyberjaya has got the student population and those 24x7 operation, so, it will not be too quite to a certain extend......depends on you.....i used to mentioned that in many part of Shah Alam, putra heights, it was so quiet at night.....but why not, i guess those people like it as long as the occupancy reach a certain threshold....of course if less than 10% of houses are occupied over several years, then it will be really scary especially with today security issues...
joyish
post Mar 9 2012, 12:45 PM

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I do not think that it is a ghost towm. It is pretty ok as it is.I bought Serin for my own stay. And i would like it to be quiet as it is. I do hope in future that they don't add any night club or pub in cyberjaya.

It is a place to work during day time, recreational in the evening, and relax at night.
SKfolk
post Mar 9 2012, 05:03 PM

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QUOTE(spydermind @ Mar 8 2012, 10:50 PM)
a lot of people talk about ghost town .... but what is a ghost town...no one living there??  or less activities/establishment at night?

Back to the main topic....people buy to invest for 2 reasons : rental and flip. I dont think Cyberjaya will be a ghost town....

First, there are lot of companies there already....a number of those companies are running 24x7....so, there are people within the town be it in the morning or evening. Well, in my opinion, there are really a lot of condo/service apartment launched since 1-2 years ago, easily 4000+, while landed about few hundred to 1000.  Of course, it will takes time to populate the place like many other new project... if the occupancy rate reach more than 80 percent within 1 year after VP, that is already a very good achievement to a certain extend.

So, it is back to you definition of ghost town again....many areas are so populated with people during weekday, but suddenly become very quite during the weekend, especially those office area or major commercial/factory area. This also happen in manuy countries....and you cant even find food during the weekend, because most restaurants are closed.

In comparison, Cyberjaya has got the student population and those 24x7 operation, so, it will not be too quite to a certain extend......depends on you.....i used to mentioned that in many part of Shah Alam, putra heights, it was so quiet at night.....but why not, i guess those people like it as long as the occupancy reach a certain threshold....of course if less than 10% of houses are occupied over several years, then it will be really scary especially with today security issues...
*
But cyberjaya lacks of shops and the few existing shops are not running business not relating to household but they r office.
spydermind
post Mar 9 2012, 05:59 PM

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That's true.....well you might need to wait for a while.....especially for own stay and if you need all the shops......
kidmad
post Mar 9 2012, 06:22 PM

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QUOTE(joyish @ Mar 9 2012, 12:45 PM)
I do not think that it is a ghost towm. It is pretty ok as it is.I bought Serin for my own stay. And i would like it to be quiet as it is. I do hope in future that they don't add any night club or pub in cyberjaya.

It is a place to work during day time, recreational in the evening, and relax at night.
*
got club already at NEO area. basically all the african student hangout there. I love Domain 3 though.
SKfolk
post Mar 9 2012, 06:28 PM

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QUOTE(spydermind @ Mar 9 2012, 05:59 PM)
That's true.....well you might need to wait for a while.....especially for own stay and if you need all the shops......
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Yes, I agree, it just takes time.
icez
post Mar 10 2012, 09:53 AM

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I'm not buying the ghost town claims. I see far more options for food in cyber compared to other places which are also doing well (in terms of property appreciation). Putra heights and bandar saujana putra are good examples
darthvest
post Mar 10 2012, 10:05 AM

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Guys, whats the reasonable psf for a commercial shoplot around Cyberjaya?

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