I don't think cyberjaya is a ghost town nowadays. Yes, maybe there's not much entertainment or shops currently, but there are shops which are just enough to live there. It's not like u will spend ur entire day at a shopping mall everyday. What i need is a township which is quite n calm for my family. N yes, I did bought one of the condo unit there which r still under development for my own stay.

Agree. With All the shops selling basic household and the amenities will be good enough. The shopping mall a little bit far away is better don want mess up the development. Like upcoming IOI CITY MALL which is quite good. If it is concept like 1 Utama that will be good business. One north one south.Smart IOI don sell the mall units but lease out.

This post has been edited by SKfolk: Mar 10 2012, 12:02 PM

Nice!! Love your sharing. That's really a lot of potential in Cyberjaya!

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Added on March 26, 2012, 12:13 amNeed a shopping mall, by then will be boom town Charlie!


This post has been edited by Bettymui: Mar 26 2012, 12:13 AM

Yeah for now, but when there is a demand , there will always be (over) supply . (these is the business nature in malaysia) . People always said no shopping in cyber , developer propose to build 3 mall (or more) in same vicinity. Namely Galleria , Pangaea ,D pulse (as far as i know these is the smallest mall among the other, size like pearl point located in klang lama). Why? coz if u put yourself in a shoe as the one who want to do business / doing new business , you choose to open a business where competition is less and have high demand... but i can't see that happen in puchong 101 boulevard .. 5 pub open there... coz malaysian is like a copycat, they see other people (the library and overtime) make money there, then they follow open brew..and new one at the corner...etc..etc. Another example like desa sri hartamas ... few years back there is only one massage centre there, but now 10 finger also can't count finish. Same thing will happen in Cyberjaya, as long as one make money there will be 10 same business there. No cinema? , no worries, GSC boss have not yet plan to retired anytime soon

Back to property talk , when there's land avail the price is cheap, but it wasn't the case in Cyberjaya . Why? let me explain , coz even though there is land but it was own by one company Setia haruman . make no mistake , they build a few house but sale a lot of land , and those companies bidding for those land.The property expensive coz of the land they bought expensive and even you have money they don't just sell it to you... they tell you what you can build and what you can't build in those land and they set a restriction (don't know how many % of those land must be for landscape purposed)if you notice all the property image , they have beautiful garden (only for residential unit not commercial , but i might be wrong) and yes, some land is for commercial some for residential some they reserve it for green .Setia Haruman control it. (why there is still 3 mall then? )

Ever heard of Quill building? those are the building for those company like Dell, HP,BMW,Shell,HSBC, NTT , IBM .. etc , there is 19 Quill building (not sure how many in total coz I didn't count them one by one. you can see the quill number from outside of the building) . Each of these Quill building had sign a type of contract with the government which enable them to enjoy special privilege like tax and so on , some contract enable them not to be bind by Malaysian labour law and they can follow their own country law like they can follow public holiday in their country UK, Japan, etc.. (it's sux cost I work for one of those company and these info was reveal to me by some one who held a high post in my company, He had resign though . So correct me if I'm wrong). And each of these building can fetch around minimum 1000 ++ worker which the lowest position in the company can easily earn minimum RM1800++ per month (did i said minimum?)well maximum like those top boss in my company can earn (in US dollar) 5 - 6 figures per mth (but they aren't local anyway , so they wont buy a house there... if they want , I hope they don't coz people like them make the property price rocket)

Now there is currently 2 Uni and a College there.. But try google UIM now.. and Madinah Uni and have anyone heard of Selangor science park 2? Selangor science park one is Damansara itself. History tend to repeat it self... Like Brickfields , Mont Kiara , Hartamas , Damansara ... and so on, Once upon a time , which of these area isn't a forest? (except Brickfields). Brickfields boom coz of government , Mont Kiara and Hartamas boom coz of international school and rich foreigner there , and Damansara coz of Selangor science park one.. Cyberjaya have all those 4 thing in one ( 4 in one they call it).

Finally mind you guys... I saw a lots of troll in lowyat forum ... Like I saw a message keep telling D pulse is the best investment coz got shopping hotel in centre of cyberjaya with cinema go for it,it's cheap and so on, but they sell it averagely RM 600 PSF.. No doubt that person is an agent who sell for Dpulse , dun get tricked and I saw someone from setia haruman as well in these very forum.Mind you guys, sometimes people who open forum like these is from developer itself (they call them market surveyor) who is still surveying the market need and wish to see what buyer want buy and so on.

I have follow on cyberjaya development for 1 years now .. I get all those info by goggling and try google these ( skyscrapper cyberjaya) it have all the photo and new project comin up from cyber. I haven't own a unit yet but I had found my own ideal property in cyberjaya, waiting for it to be launch. So for those who doesn't wish to stay in Cyber please find somewhere else to invest the property price which is already high now really shoot up kaw kaw coz of you guys.(I don't have any house yet)

Starbucks underconstruction, beside Maybank n Cimb

Nandos under construction at the Cottage Walk, same row with KFC and Pizza Hut.
ppl who used to work in Cyberjaya in the past, when they came again, are surprised by the development and the population nowadays. i don't know what are ppl talking about ghost town and lack of ppl living here.
price still expensive though.

this speaks a lot of facts...

Dear GR Owner,
-Started a FACEBOOK closed group for owner like one of the group below..
For owners/residents of the Garden Residence,Cyberjaya
-Here,we can discuss n share best practice in our home & neighbourhood.
-To foster closer neighbourhood relationship, security, and well-being of all GR,Cyberjaya Residents.
-Each owner,pls advise premises lot nos n homestay or investor.
Link as below:gardenresidencecyberjaya@groups.facebook.com
Pls advise yr lot nos!! This is strictly for owners.

Thanks
Ground Rules:
1.No real estate agents/sales/developer allowed here!
2.Pease respect others... thank you.
3.Irresponsible, defaming & abusing remarks/postings are prohibited.

Do let me know if any of you have other inputs that you may want to highlight.Appreciated!

my bestie just started to work in cyberjaya for few months.. Finance Analyst for mnc company, she mentioned average income in cyberjaya above 4k, for senior exec easily earn more than 6k.. But there is not much choice to dine in this area, if more choyuk dining option, such as kim gary, definitely rake in dozen dough.. IMHO, the infra of Cyber itself is good, but need time to be matured, no way can be labelled as ghost town this days.. but still need more MNC to come in.. At this point of time, Bukit Jalil will be better choice as it more centralize and considerably short distant to Cyberjaya..

i hav been here for 10years, sorry, the progress is snail pace and it is not suppose to be.. KFC, Pizza Hut has nothing to shout about bcos they are everywhere and only recent years appear in cyberjaya, starbucks now only start construction..
areas like puchong had outpaced cyberjaya by a mile.. dont forget, cyberjaya was a big agenda by the government, and the outcome is not as expected..

Cyberjaya will continue to be growing but more slowly compared to other locations simply because there is lack of night life. After working hour, just track the net traffic of the place, is it going in or is it going out ? More MNCs do not help much. They must fix the reasons why there is lack of night commercial activities at night.

Compared to any other new-ish location, Cyberjaya has many good fundamentals. Lots of employment opportunities at what our govt would call 'high income', plenty of eateries, reasonable proximity to the city (40 mins), and a large student community. If this was any other location in the country, people will be saying that props here are a good buy.

Property in puchong will not get anymore appreciation , the value had almost max out , but if you interested in rental investment , can consider shoplot at pusat bandar puchong and apartment at puchong jaya coz the LRT project (pasarana) station is just beside 101 mall and another one at the hindu temple beside bandar puteri.Mind you the traffic which is bad now will not getting better once the LRT is up. I know u can get 6 - 7 % ROI and after LRT up property value might increase slightly.

All the same, for property investment there is alt of goal. Some opt for Appreciation , rental , and flipping and you need to know how long you willing to hold the property 5 years or 10 years ?

Cyberjaya is a place where I (personally) saw the potential in 8 years and the value will be higher than the property in damansara. The Government do play a role in property price, for example cyberjaya master plan had been submitted and be chosen as city of the future in japan recently ( at least few hundred japanese who lived in japan know the name Cyberjaya now , but how about Puchong?)


http://www.theborneopost.com/2012/02/20/cy...futurecities-2/

economy flop in 1997 ( when cyberjaya presented by Tun Dr M.) in 2006-2007 economy flop again coz some stupid America bank and that's what hinder the Cyberjaya development and not the outcome it's not expected but the progress isn't as expected but now as government tend to change all it's existing HQ from kuala lumpur to putrajaya , they will certainly waste (i mean allocate , really!!) tonne of tax payer money in that region (Serdang,Dengkil,Puchong,Cyberjaya and possibly Nilai and government did approve LRT project in puchong yes?) so the progress is there now in Cyber unless the government change hand then the plan might be different. So there is 5 area worth long term investment but the return varies.


Btw dun take my word seriously, i just blow water . Sorry if i offended anyone.

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Added on April 26, 2012, 11:06 amA very quick question , do you guys know where is the new puchong LRT line will be extended in the future (might be 50 years from now)? I saw it's end at bandar puteri puchong which is heading to serdang , putrajaya and cyberjaya area

Just my 2 cent, I saw a land been cleared beside 101 mall puchong (and they building something , from out side can see the barrier with the logo Prasarana) my instinct told me any property within 5 KM radius from that land is worth buying. The owner of 101 boulevard shop lot is really lucky *******

This post has been edited by wanted111who: Apr 26 2012, 11:06 AM

US subprime crisis happen in 2008-2009, not 2006-2007.. interesting, why the subprime didnt hinder much else where in KV and only hinder Cyberjaya while other location took off nicely??

the objective of Cyberjaya is low density, that is why you dont see much high rise building around.. comparing to Damasara, high density means high population that serves as customer base for the commercial around the area that keeps that region vibrant all day long..
will Cyberjaya get high density like Damasara? very unlikely since the objective of the area is "City in Green" with lower population per acre.. moreover, cyberjaya flagship zone is not really that big..

CBD will still be PJ and Kuala Lumpur, those I dont see how Damansara can stop progressing..

talking about putrajaya.. government servant stay in Bangi, Kajang which explain why the rapid booming of these housing area in last few years..
will government servant stay in Cyberjaya? you have no idea what sort of price tag they are selling in Cyberjaya now...
lets talk about facts.. Majority of government servants are Malay community who prefer to have larger houses to accomodate their family.. will they buy a 600sqft Pangea or 500sqft Garden Plaza to stay? how about buying a 900k terrace in Garden Residence or 1 mil Summer Glades?.. they rather just stay in near by Kajang Bangi Puchong Serdang..

my 2 cents..

for rental investment is go..but for flipping and buy and sell investment is overprice and supply..agree with all..

By THO XIN YI
thoxinyi@thestar.com.my
Photos by LOW BOON TAT and courtesy of Cyberview Sdn Bhd | Apr 27, 2012
A milestone development
--------------------------------------------------------------------------------

May 17, 1997, was a historic day for Cyberjaya.

On that day 15 years ago, then Prime Minister Tun Dr Mahathir Mohamad launched the IT-themed city.

As of 2011, Cyberjaya has received investments totalling RM12.42bil.

Cyberview Sdn Bhd managing director Hafidz Hashim revealed that investments in Cyberjaya totalled RM3.12bil in 2010, and RM3.1bil in 2011.

“We are projecting RM3.84bil for 2012,” he added.

Cyberview, which was established in October 1996, shoulders the responsibility of spearheading development in Cyberjaya, the nucleus of the Multimedia Super Corridor (MSC).

Its tasks include ensuring Cyberjaya is developed in accordance with MSC guidelines, providing assistance and supporting joint activities with organisations in Cyberjaya, attending to land administration matters, and providing advice to the government on MSC and Cyberjaya development matters.

“Of the investment value in 2011, enterprise investment amounted to RM522.6mil while residential investment came up to RM2.48bil,” Hafidz said.

In 2010 82.5ha of land in Cyberjaya was for sold for RM404.3mil. Last year the sale land tripled to reach RM1.23bil for 261.5ha, with residential developments leading the chart at RM612.6mil, followed by commercial developments at RM395mil and enterprise at RM156.7mil.

Hafidz explained that, of the 2,816.6ha of land in Cyberjaya, only 53% is available for sale for use as residential, mixed, institutional, light industry (automotive), enterprise and commercial developments.

The rest of the land is reserved for public amenities, utilities, infrastructure and a green lung.

“As of December 2011, development in Cyberjaya is 27% complete. Thirteen percent is still under construction while 31% is still in the planning stages. We still have a balance of 29% of the land to be developed,” Hafidz revealed.

With an aim to be a global ICT hub, Cyberjaya has certainly come a long way since its inception 15 years ago.

The prominence of the city can be seen in the number of multi-national companies that have chosen to set up their global operations centres there.

“Topping the list are big names such as HSBC, Dell, HP, Ericsson and IBM.

“We have many knowledge workers here serving international markets and time zones,” he said.

The number of local and international companies in Cyberjaya has reached 621 to date, double the initial number of 302 between 1998 and 2007.

Hafidz listed safety, convenience and world-class infrastructure as some of the key points that drew the companies in.

The self-contained city emphasises the four pillars of “Live, Study, Work and Play”.

Currently it hosts five institutions of higher education — Multimedia Uni-versity, Limkokwing University of Creative Technology, Cyberjaya Univer-sity College of Medical Sciences, Cyber Putra College and Kirkby College. And Hafidz said there is more to come.

Having joined Cyberview in 2004, Hafidz has seen how Cyberjaya has grown.

“It gives me a lot of satisfaction to see Cyberjaya’s transformation and its current vibrancy. We’re looking forward to exciting years ahead,” he said.

In conjunction with its 15th anniversary celebrations, Cyberjaya has a series of activities to get the community actively involved, including a digital photography contest, writing marathon and golf tournament.

Committed to the belief that the younger generation is the future of the nation, an event called “Informa-tion on Green Technology for School Children” (iGreet Jr) is also in the pipeline.

Tomorrow, Cyberview will celebrate Earth Day at Cyberjaya Lake Gardens Community Club with corporate recycle challenge, gotong royong, colouring contest for kids, green fair and an “Adopt A Tree” programme.

For details, visit http://cyberview.com.my.

many gov servants buy and stay in and around pinggiran Putra, sungai merab,etc coz its malay reserve land. They can get 5-6k sq ft bungalow (land n house) for around = RM450K. So how can the other areas beat this

I beg to differ. I dont think the appreciation of puchong has maxed out. Try checking what is going on in Puchong. I was staying in Subang Jaya last time (that time Puchong has nothing) but now it is a totally different situation altogether because:


1) LRT coming to Puchong
2) A lot of trendy, luxury shopping malls coming- Setia Walk, The Wharf, The Millenium (all have cinemas)
3) Even Hilton Garden Hotel also coming to Puchong (The Millenium)
4) Puchong property owners are changing from middle income to high income (check out at Bandar Puteri for instance you will see Ferraris, Lamborghinis, GTRs etc). New houses also not cheap but mostly selling well.
5) Neighbouring cities also coming up (new shopping mall in Seri Kembangan- very near to Puchong. I forgot what is the name and then IOI Resort Mall, Selangor Science Park)

This post has been edited by AMINT: Apr 27 2012, 12:36 PM

as i mention , i'm following up the property price in cyberjaya for a year now last time the price psf is 300 ++ (which is high) and barely 8 mth the price psf is now at average 600.00 ++ psf ,Hence i do know the prop price there.
and yes i'm just human , not perfect, can't remember the exact year Bank of america , merrill lynch incident took place (year 2008-2009 it's still economy crisis but the peak is 2007) but all the fact economy is slumber in usa , and private developer afraid to invest such a vast amount of money in cyber not until 2010,2011 and 2012 we heard Mah Sing buying parcel of land for bla.. blaa... blaa , sp setia buying prime land... bla bla bla ... and there is list of the developer buying land there ranging from small company until those big taiko.. Coz apparently those company isn't stupid to froze their cash during financial turbulence . So you tell me why it didn't hinder cyberjaya growth? if those company buy the land say in 2006,2007,2008 - how many property u think will be in cyber by now? U think we still need to wait till 2014?

another fact 900k and 1 mil property will make that area crawl with millionaire , the rich people always like to stick together with the rich.. I can't explain it, i just can't but i can see that in hartamas, bangsar , mont kiara.... well my point is we are talking about property investment, not which place is the best to stay. we are talking which property can make the most of money we throw out . So yes it's money talk , place which is overcrowded with people didn't make the property price rocket mind you , but the quality of the resident there do

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Added on April 27, 2012, 8:57 pmyea i did mention the 4 area (puchong , dengkil , serdang ,and cyberjaya ) is worth investing coz all property there sure can gain appreciation but the only question is which one out of the four is the fastest gainer and have a higher gaining capacity ? Cyberjaya (my opinion : no fact but have a reason, property under development price shooting up not even before the project finish , and property under development have no market value , so i can't say that is the fact )

Reason why i say puchong had max out ? coz it was to complicated, full of foreigner , begger , the poor , the rich. depend on area also coz puchong is BIG , and very BIG, there is some part of puchong which i never been to before (only heard of the name).

Coz of the property price in cyber , we expect to see majority middle class and rich people living there.Foreigner? yes the rich one (including those ******* student who can jolly and clubing every weekend). Begger/homeless ? they have cyberjaya municipal who will even tow your car for you if you park it at the road side = ). No bak kut teh? (i'm chinese btw) that is a let down i would say.. but it's not like i eat it everyday .

No offense on the living social comment,I'm from poor family myself and i'm now living with foreigner as well.Just stated my opinion what is the potential i saw in cyberjaya and living social in an area do effect property price as well

Selangor science park 2 is IN cyberjaya territory (info from google map) , Damansara = selangor science park ... Puchong ? yes it is near.. cyberjaya even nearer = )

This post has been edited by wanted111who: Apr 27 2012, 09:11 PM

you are right... cyber increase from 300psft to 600psft, but bare in mind, those are new property buying from developer.. what about subsale? not proven.. unlike puchong and other area transacted subsales ..

too early to say "rich man like to stay together" as most are non completed right now... nothing is proven... lets revisit after 3 years..