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)

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.

---

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

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 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

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 I hope u are right so that i can sapu a unit under lelong price = )

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 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