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Investment cyberjaya/putrajaya, investment good???
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spydermind
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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.
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spydermind
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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...
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spydermind
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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......
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