QUOTE(BEANCOUNTER @ Oct 18 2012, 03:56 PM)
just to clarify:-
Kajang already a heavily populated area, and its history goes back >100yrs.....
beside, its bordering Cheras, another heavily populated area. The local council estimated that Cheras+Kajang is over 500,000 people...
Shah Alam - the state city....need I say more? beside, it borders Subang, Klang and damansara....Not everyone works in KL one you know...
Bangi and Rawang never in the Build build build mode....beside, a SMD in Rawang only sell for 500k+/-....in Cyber? >1.5mil now?
Cyber now...night time population less than 20,000. Granted, many projects launched and be ready in the next 3 years....but the population will only go up so much.... It will be a longer term investment (like 5-10 yrs) at least.
subang + Puchong - population > 700,000
Klang > 1,000,000
PJ > 500,000
Unless Cyber itself can generate many jobs (across the board, not just one or two types of jobs).....otherwise, it's a tough call as of now for me...
I rather invest in more mature areas.....by getting smaller units, than getting an average unit in Ciber...
yes indeed these areas are heavily populated and thus the traffic into and out between KL to these areas are really busy. One just have to notice the traffic flow along federal highway, KESAS, LDP, and kajang cheras highway, especially during peak hours to get an idea.
For cyberjaya, indeed it is for long term, 5-8 years the least. Pangaea, D pulse, Sky Park, Shaftbury etc are possibly the projects to pull in the crowd and population during the next 3-5 years. That is why price is still in the range of 500-600psf at cyber for integrated development projects. Similar projects in other not so far places are all going to the 800-1000psf range and keep on increasing and BBB mode on still and going to 1300-1400psf range closer to KL.
In fact, house prices in puchong, kinrara, seri kembangan, serdang closest to cyberjaya are no longer cheap especially those with good design/concept. May be some people who work in Cyberjaya would consider Cyberjaya residential if there is such option available now (previously no many such option mah). If Selangor Science Park 2 next to cyberjaya does take off, this will provide additional job market variant. But again, this will take times.
Of course investing in matured areas is safer bet, at least not depreciating. In fact, even Rawang has seen high price hike in recent years for new project with good design concept, SMDs easily go >1Million. I am not so familiar with Rawang but I am sure some taikor vested in Rawang can comment on this.
For cyberjaya, it is for long term investment.
Added on October 18, 2012, 5:03 pmQUOTE(JamesPond @ Oct 18 2012, 04:11 PM)
no need clarify, you see, you like, then you buy.
you see, you dont like, just forget it. No need to argue about the future.
pangaea, how much you got your unit? can get extra discount?
the package is as below:
5% dis for low floor below 24th Floor, and higher floor got 7% dis.
All units got 8,888 rebate upon VP.
DIBS till VP
All legal/stamp duty by the developer
Free carpark (1 for the 450sft, 2 for the 893 and 980 sft unit)
The duplex will cost me RM55xk. about 570psf.
This post has been edited by pangaeacyber: Oct 18 2012, 05:03 PM