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Investment cyberjaya/putrajaya, investment good???

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puikeong
post Apr 28 2012, 12:01 AM

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QUOTE(wanted111who @ Apr 27 2012, 08:33 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


Added on April 27, 2012, 8:57 pm

yea 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 = )
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Just wanted to share a bit of info here. Bak Kut Teh is available in Cyberjaya near the Domain/NeoCyber. wink.gif
wanted111who
post Apr 29 2012, 08:21 PM

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QUOTE(twincharger07 @ Apr 27 2012, 11:39 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..
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subsale is proven for cyberia condominimum, last year in jun , i check the bank market value for a condo unit there ,they said it's only 240000, these year march when i saw bank lelong 280000 (different unit but cyberia condo) i was stunned,coz bank lelong unit is lower than their own valuation,when i ask the banker told me their bank rate that condo for 300000 then when i check subsale from owner most of it at 280000 to 320000. Some who don't know still maintain the same price at 250000 .Overall bank valuation increase by 30k - 60k for those condo in less than a year is pretty impressive i would say coz it is really old unit with poor maintainance . cyberheight now sale at 420k ++ cyberia townvilla is depreciate last time but price increasing steadily now reach the 400k ++ mark. Of course now in cyberjaya still no shopping, night life, amusement and so on

for new unit, yes nth proven hence i didn't call that a fact . It's a gamble , u need to gamble in order to win and if we wait until it's proven , it's already too late . Even now, with price tag of 600.00 psf , It's not our game anymore. It's now open for those with money, and yes it is too late now anyway but if you can afford it, it's better then nothing . I once had a chance to grab a studio unit for 300++ psf , but i let go that chance , now i really wish if I can get those offer again...

most unit finish in 2014, let see what happen then biggrin.gif I hope u are right so that i can sapu a unit under lelong price drool.gif = )

twincharger07
post Apr 29 2012, 08:30 PM

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QUOTE(wanted111who @ Apr 29 2012, 08:21 PM)
subsale is proven for cyberia condominimum, last year in jun , i check the bank market value for a condo unit there ,they said it's only 240000, these year march when i saw bank lelong 280000 (different unit but cyberia condo) i was stunned,coz bank lelong unit is lower than their own valuation,when i ask the banker told me their bank rate that condo for 300000 then when i check subsale from owner most of it at 280000 to 320000. Some who don't know still maintain the same price at 250000 .Overall bank valuation increase by 30k - 60k for those condo in less than a year is pretty impressive i would say coz it is really old unit with poor maintainance . cyberheight now sale at 420k ++ cyberia townvilla is depreciate last time but price increasing steadily now reach  the 400k ++ mark. Of course now in cyberjaya still no shopping, night life, amusement and so on

for new unit, yes nth proven hence i didn't call that a fact . It's a gamble , u need to gamble in order to win and if we wait until it's proven ,  it's already too late . Even now, with price tag of 600.00 psf , It's not our game anymore. It's now open for those with money, and yes it is too late now anyway but if you can afford it, it's better then nothing . I once had a chance to grab a studio unit for 300++ psf , but i let go that chance , now i really wish if I can get those offer again...

most unit finish in 2014, let see what happen then   biggrin.gif   I hope u are right so that i can sapu a unit under lelong price  drool.gif = )
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thank you for your input, yes 600psft is not proven, not even 400 to 500psft subsale transacted proven.. and i believe those cyberia units are 800sqft to 1200sqft asking from 300 to 400psft..

unlike some other areas where subsale transacted at 400psft n i believe 500psft new launch is still do able..

yes your input has concluded well, subsale still struggling to keep pace 400psft but new launches are 600psft above, there is a huge gap between subsale n new launch..


Added on April 29, 2012, 10:27 pm
QUOTE(puikeong @ Apr 28 2012, 12:01 AM)
Just wanted to share a bit of info here. Bak Kut Teh is available in Cyberjaya near the Domain/NeoCyber. wink.gif
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there is already a Teow Chew porridge shop in domain as well, went there ocasionally, choyuk not bad...

This post has been edited by twincharger07: Apr 29 2012, 10:27 PM
SKfolk
post Apr 29 2012, 10:45 PM

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QUOTE(wanted111who @ Apr 29 2012, 08:21 PM)
subsale is proven for cyberia condominimum, last year in jun , i check the bank market value for a condo unit there ,they said it's only 240000, these year march when i saw bank lelong 280000 (different unit but cyberia condo) i was stunned,coz bank lelong unit is lower than their own valuation,when i ask the banker told me their bank rate that condo for 300000 then when i check subsale from owner most of it at 280000 to 320000. Some who don't know still maintain the same price at 250000 .Overall bank valuation increase by 30k - 60k for those condo in less than a year is pretty impressive i would say coz it is really old unit with poor maintainance . cyberheight now sale at 420k ++ cyberia townvilla is depreciate last time but price increasing steadily now reach  the 400k ++ mark. Of course now in cyberjaya still no shopping, night life, amusement and so on

for new unit, yes nth proven hence i didn't call that a fact . It's a gamble , u need to gamble in order to win and if we wait until it's proven ,  it's already too late . Even now, with price tag of 600.00 psf , It's not our game anymore. It's now open for those with money, and yes it is too late now anyway but if you can afford it, it's better then nothing . I once had a chance to grab a studio unit for 300++ psf , but i let go that chance , now i really wish if I can get those offer again...

most unit finish in 2014, let see what happen then  biggrin.gif  I hope u are right so that i can sapu a unit under lelong price  drool.gif = )
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Properties are invested for long term, last time ppl say it was a ghost place. One day when it is developed, it will increase hell a lot.
wanted111who
post Apr 29 2012, 11:12 PM

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QUOTE(SKfolk @ Apr 29 2012, 10:45 PM)
Properties are invested for long term, last time ppl say it was a ghost place. One day when it is developed, it will increase hell a lot.
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rclxms.gif clonclusion :- Cyberjaya it's worth investing there... but now it a bit too late for the new starter .

Personal experience, i was waiting for pangaea , but when they launch paragon on 20th april , the minimum price start at 411k for 610 sq feet shakehead.gif on the launching date it self, so i give up OSK now (those who still waiting better switch target, they will sell all cheap unit to so call vvip) and go for cyberia .... pretty lucky got a unit with 250k and rental agreement (6 more mth) for 1700++ , heard they will extend it for a year until graduation. Now only awaiting bank loan approval , If go through can get 500++ extra / mth after paying housing loan rclxms.gif
SKfolk
post Apr 29 2012, 11:18 PM

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QUOTE(wanted111who @ Apr 29 2012, 11:12 PM)
rclxms.gif clonclusion :- Cyberjaya it's worth investing there... but now it a bit too late for the new starter .

Personal experience, i was waiting for pangaea , but when they launch paragon on 20th april , the minimum price start at 411k for 610 sq feet  shakehead.gif  on the launching date it self, so i give up OSK now (those who still waiting better switch target, they will sell all cheap unit to so call vvip) and go for cyberia .... pretty lucky got a unit with 250k and rental agreement (6 more mth) for 1700++ , heard they will extend it for a year until graduation. Now only awaiting bank loan approval , If go through can get 500++ extra / mth after paying housing loan  rclxms.gif
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Cyberjaya still got a lot of land to be developed, right?
twincharger07
post Apr 29 2012, 11:20 PM

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QUOTE(wanted111who @ Apr 29 2012, 11:12 PM)
rclxms.gif clonclusion :- Cyberjaya it's worth investing there... but now it a bit too late for the new starter .

Personal experience, i was waiting for pangaea , but when they launch paragon on 20th april , the minimum price start at 411k for 610 sq feet  shakehead.gif  on the launching date it self, so i give up OSK now (those who still waiting better switch target, they will sell all cheap unit to so call vvip) and go for cyberia .... pretty lucky got a unit with 250k and rental agreement (6 more mth) for 1700++ , heard they will extend it for a year until graduation. Now only awaiting bank loan approval , If go through can get 500++ extra / mth after paying housing loan  rclxms.gif
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very good deal, congratulations on your purchase..
1282009
post Apr 30 2012, 10:17 PM

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Agreed, too late to go in now for new launches unless one has lot of extra cash reserve.


krisdafer
post Jun 14 2012, 02:09 PM

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Yippie! Just got our dreamhouse in Cyberjaya! rclxms.gif thumbup.gif
There are really only three types of people:
Those who make things happen,
Those who watch things happen and then react, and
Those who say, "What happened? Should have invested here earlier though" drool.gif

A very good 10 minutes presentation bout Cyberjaya cool.gif
http://www.youtube.com/watch?v=qGetaKz77zM&feature=relmfu

This post has been edited by krisdafer: Jun 14 2012, 03:12 PM
shin1214
post Jun 14 2012, 03:15 PM

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QUOTE(wanted111who @ Apr 29 2012, 11:12 PM)
rclxms.gif clonclusion :- Cyberjaya it's worth investing there... but now it a bit too late for the new starter .

Personal experience, i was waiting for pangaea , but when they launch paragon on 20th april , the minimum price start at 411k for 610 sq feet  shakehead.gif  on the launching date it self, so i give up OSK now (those who still waiting better switch target, they will sell all cheap unit to so call vvip) and go for cyberia .... pretty lucky got a unit with 250k and rental agreement (6 more mth) for 1700++ , heard they will extend it for a year until graduation. Now only awaiting bank loan approval , If go through can get 500++ extra / mth after paying housing loan  rclxms.gif
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That's a good price for Cyberria rclxms.gif

I'm surprised to saw Domain 1, 762sqf selling at RM300k with tenant agreement of RM1.8k/mth. Wondering are these students that stay at Domain or foreigners?
Also found this during research http://www.cbdperdana.com/cyber_planned.html If you have no time to drop by MPSepang, this will help alot rclxm9.gif

Soul Searching for Houses~~~


Added on June 14, 2012, 3:16 pm
QUOTE(1282009 @ Apr 30 2012, 10:17 PM)
Agreed, too late to go in now for new launches unless one has lot of extra cash reserve.
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Feel so too, unless it's for own stay. It's a gamble for Cyberjaya new launch. haha. But sub sales going for rental seems good. hmm.gif

This post has been edited by shin1214: Jun 14 2012, 03:16 PM
krisdafer
post Jun 14 2012, 03:24 PM

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HP Global Centre in CyberJaya is holy moly awesome!!! shocking.gif
http://www.youtube.com/watch?v=ba1es3zm3jM&feature=related
teohkpin
post Aug 1 2012, 02:35 PM

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IMHO, Investing in Cyberjaya has its own risks and rewards.

The pros of cyber
1.) A growing working population & tax incentives for foreign companies to operate here. Already have >50 MNC companies operating in Cyber.
2.) Good infrastructure already build. Road, Highways, drainage, Fiber optic cable, etc. MEX highway is a +.
3.) Government school, International School, University, Colleges already build
4.) Clearer blue print and development plans by setia haruman as annouced recently, future RM20bil investment.
5.) Better plan than other areas, due to having a single master planner.
6.) Developments in Puchong & Serdang have connected to Cyber.
7.) Quality of population in Cyber, mostly graduates and profesisonals. Potential of truning into anoterh TTDI, BU. Medium to high income group.

Risks
1.) lack of amenities and entertainment, but with D'Pulze shopping mall up, i believe more will join in, population attracts business, business attract population.
2.) Return on investment will be longer as it needs time to "move" people in.
3.) Higher entry cost coupled with a risk of sudden surge in property supply may pull rental down, but it depends on how strong the demand is especially when HP is already operating in cyber with not enough accomodation to supply at this moment.

In short, is an upcoming township, good for own stay and for investment may need to hold for a little longer for best return (provided you can rent it out at good rate).
max_cavalera
post Sep 10 2012, 05:35 AM

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owner staying in cyber here...pretty happy with recent development smile.gif).... but i beg gomen pls dont sell the land here cheap...i duwan this place become no class place and crowded with low quality ppl like equine park seri kembangan....lol...i duwan jam like all other area in klang valley....rental income is pretty good for me.....bought at 275k 7-8 years back n getting rental at 1.2k++ even with me taking 2 roomin da house....gonna get married next year n totally move out....my unit rental shoot up to 2k-2.1k per month lol biggrin.gif....i suggest better investor look for sub sale than new launch....the rate per sqf is betterand the rental is so darn strong....sub sale can still get 290-350 per sqf....
honlin20ad
post Sep 20 2012, 02:14 PM

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QUOTE(max_cavalera @ Sep 10 2012, 05:35 AM)
owner staying in cyber here...pretty happy with recent development smile.gif).... but i beg gomen pls dont sell the land here cheap...i duwan this place become no class place and crowded with low quality ppl like equine park seri kembangan....lol...i duwan jam like all other area in klang valley....rental income is pretty good for me.....bought at 275k 7-8 years back n getting rental at 1.2k++ even with me taking 2 roomin da house....gonna get married next year n totally move out....my unit rental shoot up to 2k-2.1k per month lol biggrin.gif....i suggest better investor look for sub sale than new launch....the rate per sqf is betterand the rental is so darn strong....sub sale can still get 290-350 per sqf....
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bro where u reckon i should invest? any good place in cyberjaya?

got a place in taman tasik prima, puchong and looking to get another 1 soon within 6 mnths down the line
max_cavalera
post Sep 20 2012, 08:03 PM

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QUOTE(honlin20ad @ Sep 20 2012, 03:14 PM)
bro where u reckon i should invest? any good place in cyberjaya?

got a place in taman tasik prima, puchong and looking to get another 1 soon within 6 mnths down the line
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ur budget? better go for proper condo with size at least more than 1k sqf.... sub sale look around cyberia smarthome, cyberia crescent 1 and 2....if ur a bit bold, can try take on 1storey landed house in bandar pinggiran cyber just behind vega residencyunder construction studio), but title is leasehold land but currently sell at 240k-260k for 1050sqf built up....appreciation would be slower there as it is in selangor science park 2 (expect to hold more than 3-5 years?) but its the most cheapest landed property u can get here....

im a conservative in this type of investing...i believe a properly size condo unit for the best rental income rate, a landed house for the best capital appreciation..... a studio apartment with title 'service apartment' is a big no no for me....its like the current hype thats not gonna last long....summore the electricity bill of those studio follow commercial tariff and thats gonna be killing....
d_trinity14
post Sep 20 2012, 09:04 PM

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QUOTE(krisdafer @ Jun 14 2012, 02:09 PM)
Yippie! Just got our dreamhouse in Cyberjaya!  rclxms.gif  thumbup.gif
There are really only three types of people:
Those who make things happen,
Those who watch things happen and then react, and
Those who say, "What happened? Should have invested here earlier though"  drool.gif

A very good 10 minutes presentation bout Cyberjaya  cool.gif
http://www.youtube.com/watch?v=qGetaKz77zM&feature=relmfu
*
AMINT
post Sep 20 2012, 10:54 PM

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It is known that cyberjaya will be a hot place. Just a matter of when only. The videoclip is good stating the facilities that are already there. But where is the cyberjaya city centre videoclip? I have seen 1 but dunno why now no longer there in youtube. Showing multiple modern, high tech designed park with beautiful fountains everywhere over looking skypark cyberjaya. that video really caught my attention.

This post has been edited by AMINT: Sep 20 2012, 10:56 PM
honlin20ad
post Sep 21 2012, 08:47 AM

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QUOTE(max_cavalera @ Sep 20 2012, 08:03 PM)
ur budget? better go for proper condo with size at least more than 1k sqf.... sub sale look around cyberia smarthome, cyberia crescent 1 and 2....if ur a bit bold, can try take on 1storey landed house in bandar pinggiran cyber just behind vega residencyunder construction studio), but title is leasehold land but currently sell at 240k-260k for 1050sqf built up....appreciation would be slower there as it is in selangor science park 2 (expect to hold more than 3-5 years?) but its the most cheapest landed property u can get here....

im a conservative in this type of investing...i believe a properly size condo unit for the best rental income rate, a landed house for the best capital appreciation..... a studio apartment with title 'service apartment' is a big no no for me....its like the current hype thats not gonna last long....summore the electricity bill of those studio follow commercial tariff and thats gonna be killing....
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budget wise i am thinking no more than 400k la..

as of now, i am not sure how the rental demand is for cyberjaya but definitely on the bright side. I must say, Cyberjaya is pretty interesting.. and with the soaring price setia alam is selling at the moment, i reckon cyberjaya has the edge.

thanks btw!
Artstyle
post Oct 1 2012, 01:36 AM

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guys wad do u think of putrajaya? there are many beautiful buildings there, a mall, and other amenities such as schools, police stations etc... any idea of the price appreciation compared to cyberjaya?
AMINT
post Oct 1 2012, 08:19 AM

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QUOTE(Artstyle @ Oct 1 2012, 01:36 AM)
guys wad do u think of putrajaya? there are many beautiful buildings there, a mall, and other amenities such as schools, police stations etc... any idea of the price appreciation compared to cyberjaya?
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IMHO, putrajaya appreciation very slow.

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