Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment PAN'GAEA - PARAGON | SOLSTICE | ECLIPSE [OT], The Cyberjaya city centre living by OSK

views
     
pangaeacyber
post Oct 16 2012, 04:19 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
I thought the SA said maintenance is 0.27psf + sinking fund and aircond included but no TV, fridge and washing machine.
pangaeacyber
post Oct 16 2012, 05:48 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(Adorable @ Oct 16 2012, 04:37 PM)
I was told the same...which one correct?
There are how many types of layout?
*
you can go to http://pangaeacyberjaya.com for more info.

As far as the pangaea project itself, below is what I think personally after some surveys:
1. Cyberjaya Location : It is close to the national Adminstration capital - Putrajaya, Commercial capital - KLCC and potential industrial hub - Selangor Science Park II. Itself it also a vibrant IT-based Industrial Hub.
To be exact, Cyberjaya is next to Selangor Science Park 2 (west of Cyberjaya) and Putrajaya (east of Cyberjaya), accessible to KLCC via MEX, PJ/Klang/Nilai/Seremban via Elite, NKVE and Cheras/Kajang/Sungai Long/Banting and West Coast Fronts via SKVE. It also has ERL between KLCC-Putrajaya-KLIA. It is also close to KLIA (south of Cyberjaya) via Elite and dedicated dengkil-Sepang highway.
Thus, it is easy access to the Sea (Port Klang/Beaches), Air (KLIA/LCCT) and Land (the highways to other places) Entrance and Gateway of Klang Valley.

2. Cyberjaya Features -
Community - It has international outlook with the MNC, and international school, college and universities in the locality, with plenty of international student population and expat. High end working class with above average earning capability and higher middle class and above community.
Development Hotspot - it is the developer's hot focus for the next 10 years in residential, commercial and enterprise as planned out by the local authority and caretaker like Cyberview, Setia Haruman and MDeC. Big names developers like SP Setia, Mah Sing, OSK Property, Glomac, MCT, UEM Land, etc are here to stay.
Infrastructure - it has good integrated city planning as in term of road/rail network, landscaping, usage zoning, and strict environmental consideration, high speed communication network in fiber optics and wireless set-up, security monitoring. You only see this type of focus by the relevant authority in shah alam in klang valley and nusajaya Johor.
Future Plan - Aim to be model of future city, also more university will come and new amenity like private hospital is in the plan.

3. Project Features -
Location - if you take a look at the master plan of cyberjaya, you will notice that the Pangaea project is close to Selangor Science Park II. Also, it is next to MMU and will be at the centre among the residential developments at Cyberjaya, i.e close to The Arc, Mutiara Ville, Cyberia, Symphony Hills, Serin Residences, and future development by Paramount and MK Land, Vita and even PRIMA. This means a big catchment of population especially important for its commercial entity to thrive - the SOHO, Offices, Shoppping Mall. It is close to the Elite and MEX exits as well.
Concept - all in one world - this project has the most complete components of all projects in cyberjaya so far - the one big central green park, the one concentric shopping mall with entertainment, cinema and shops, the retail shoplots and SOHO, the street malls, hotel, offices, and service apartments.
Developer - OSK Property's arm - strong financial mothership and reputation.

4. Unit Features - the features I like about this soltice as follow:
- landscape - sky garden and thematic garden
- facilities - have good range of facilities
- view - if you take higher floors, then good view of the green parks and also the Putrajaya and the Lake.
- fully furnished - just bring your suitcase and move in with your laptop.

Basically, the obvious con is cyberjaya may be facing oversupply issues if the demand does not follow as expected. I believe the demand will come once the projects are up and more company and university come in. If you can hold for 2-3 years till 2020 (project completion in 2017/2018), then no worry.
If for own stay, should be fine. If for rental, then target young professionals and high end students.



pangaeacyber
post Oct 16 2012, 06:21 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
no lah, but as I intend to vest there, so do some surveys and just sharing what I think, nothing more.
pangaeacyber
post Oct 16 2012, 06:30 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(LCL01 @ Oct 16 2012, 06:02 PM)
selling this price at such location. cyberjaya is definitely over pricing. doesnt make sense.
*
I used to think the same. But then they are planning and developing for the next 5-10 years. The future factor is priced into it.

The same applies to those MRT nearby areas where you can see 1000 to 1200psf for SOHO, SOFO, SOVO and service apartments in Kota Damansara, Section 16/17, TTDI, few sections along Federal highway etc and even higher closer to KLCC. Thus, 500-650psf at cyberjaya is really not a big shout considering it is well planned, easy access to places and less traffic congestion and relatively 'quiet'.


Added on October 16, 2012, 7:03 pmchecked with SA just now. Was told already more than 60% sold for Tower 1, during this week before the official launch by the VVIP and VIPs. The nice East and South facing units in Tower 1 are almost all gone!. Look like have to wait for Tower 2 to get a good view unit.... shocking.gif

This post has been edited by pangaeacyber: Oct 16 2012, 07:03 PM
pangaeacyber
post Oct 16 2012, 09:06 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(ecin @ Oct 16 2012, 08:43 PM)
Parklane 30 acres land.

Pangaea 2.45 acres land for 946 units ..  hmm.gif
*
Soltice is next to the 6 acres central park and Parklane OUG has > 4k units. thus about the same lor. But the design and concept of Pangaea is much more attractive and interesting.
So far, most comments on Cyberjaya has been on (i) Far, (ii) Expensive, (iii) Too Quiet/no entertainment and (iv) Oversupply.
For (i), well, Shah Alam, Bangi, Kajang, Rawang all are far from KL too but never a problem for people to travel to KL. I guess distance is not an issue if there is good highway networks as long as no traffic jam and not too many traffic lights along the way. For (ii), most places in and outside KV are expensive nowadays, especially for new development with well planned township with infrastructure, landscape, security and modern concept. For (iii) The arrival of Pangaea, D pulse, Sky park etc will solve this problem. For (iv), this is the tricky part. But the same was said to Puchong, Subang, PJ highrise sections, etc previously but these places are still hot places.
pangaeacyber
post Oct 16 2012, 10:16 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(koh_424 @ Oct 16 2012, 09:32 PM)
R u sales person of tis project?
*
no lah. guess I need to ask OSKP to pay me commision ah?
Just that I used to work in Cyberjaya and I have seen it risen from 2 companies land mass (MMU and MDeC) back in 1999 to what it is today as one of vibrant enterprise hub, amidst slow paced development in the past 10 years and controversy. I believe if the government agency is serious in this wave of development with the developer coming in for residential and commercial entity, then cyberjaya can be transformed into a true city - well organised, safe, green, international, with intelligent and highly civilised community, reminiscent of overseas suburbia.
On a personal front, I like the design and concept of Pangaea, remind me of mid-valley type of development.
pangaeacyber
post Oct 17 2012, 07:52 AM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(Adorable @ Oct 17 2012, 01:56 AM)
So which type is ideal for investment?
*
If you target for rental, the type A 450psf unit can be considered. But if you target the average student, then will be difficult. Hope not so many flippers for this project though.


Added on October 17, 2012, 7:59 am
QUOTE(canvas_2012 @ Oct 16 2012, 10:24 PM)
Problem is whether oskp can execute it. Seems too big dev to them. Especially whether they can survive the downturn which expected 2 b 1 or 2 years down to the road. Downturn not equal to crisis. It could material cost super inflation...sps suffered last time n i wonder oskp has the exp to manage it if it happens again.
*
I believe all sell then build STB mode always has this type of risk. Good deveoper will normally factor this risk in and reflected in the sale price.
That is why the built then sell BTS concept is safer for purchaser but definitely the price will be higher than usual. Come 2015 onwards if the gomen really forces the BTS concept, the property price will definitely go up and supply may see downturn.

This post has been edited by pangaeacyber: Oct 17 2012, 07:59 AM
pangaeacyber
post Oct 17 2012, 10:08 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(Adorable @ Oct 17 2012, 09:38 PM)
Went to their sales office today, but found that their sales agent have not much knowledge about their product and future plan. Many thing they don't know. Anyway, it's about 60-70% sold.
*
You are right. I went there also. Need to dig info from the project team via the SA piece by piece. Anyway, I also book one unit, a duplex.
pangaeacyber
post Oct 17 2012, 11:18 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(Adorable @ Oct 17 2012, 10:23 PM)
Where did u book the unit? And mind to share what unit u booked?
I'm interested in duplex but found left very few units only, not much choice.....sad.gif
*
I went to the OSKP office at Damansara side and also the SKB office at PJ. Managed to grab one duplex 980sft 2 +1 type C, at high floor south facing unit (face the central park). Initially intended to get lower floor but not many choice left for the East and South facing units. The west facing units still got plenty though.

pangaeacyber
post Oct 18 2012, 04:57 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
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 pm
QUOTE(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
pangaeacyber
post Oct 18 2012, 08:56 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(Claire Sylar @ Oct 18 2012, 07:37 PM)
rclxms.gif  hey which you bought ya? i m looking at solstice. how much is the 893 sq ft unit?
*
The 893sft are the 3 bedroom type B. price from 500K onwards.


Added on October 18, 2012, 8:58 pm
QUOTE(Chong1980 @ Oct 18 2012, 07:23 PM)
I book a duplex unit at high floor facing central park. RM606K, waitng for loan approval now.
*
seems like more buyers of pangaea soltice are surfacing. yours is the 36th floor? my is above yours.


This post has been edited by pangaeacyber: Oct 18 2012, 08:58 PM
pangaeacyber
post Oct 18 2012, 10:36 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(Chong1980 @ Oct 18 2012, 10:26 PM)
Yes bro, i'm on 36th floor. Wanted to buy top floor, too bad sold out. No choice to take 36th floor. Anyway nice to meet u.
*
when I booked mine, there is still 1 duplex unit left at top floor. guess it is gone in between. top floor is close to sky garden, just need to climb one stair up.
pangaeacyber
post Oct 19 2012, 11:26 AM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(dRwh0 @ Oct 19 2012, 12:13 AM)
In long run..u'll find condo/soho too small for a family..for a starter..this is good option..but the price..fuuhhh..sweating man while punching the calculator..
*
exactly, but there are these 3-bedtoom type B for family and 2 bedroom type C for small family for upgrader.
Price wise, what tosay, seems all new project with nice concept are high price, the concept is future and so is the price.


Added on October 19, 2012, 11:28 amanyone went to the preview at PLaza OSk KL today? can share share what you find there?


Added on October 19, 2012, 11:30 am
QUOTE(Claire Sylar @ Oct 19 2012, 09:42 AM)
so u paid RM15250 + RM5000(depo)=RM20,250? shocking.gif
*
If you qualify for 90% loan, and get a high floor unit, basically you need pay only 3% of purchase price. This is flipper friendly package leh.
If you can ony get 70% loan due to 3rd property, then need to fork out more cash lor. extra 20% of cash that is.

This post has been edited by pangaeacyber: Oct 19 2012, 11:30 AM
pangaeacyber
post Oct 19 2012, 04:19 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(Adorable @ Oct 19 2012, 04:09 PM)
Please update again if anyone just back from their launching ya. wink.gif
*
my fren passed by the place at lunch time and said only one unit left for the 893sft 3 bedroom type B.
pangaeacyber
post Oct 19 2012, 05:12 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(ericio @ Oct 19 2012, 04:35 PM)
Hmm... why so many last unit for 3br?

I was told last unit as well on last Monday which I already booked.

893 sqf for 3br with $592k

Not sure why the price had been different from others I noticed in this forum.

Any ideas?
*
could be someone withdraw or oskp is holding the unit and releasing now. when I was at the SKB office, they told me some units were blocked by oskp.
pangaeacyber
post Oct 21 2012, 12:37 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
anyone has managed to get the list of specification for teh soltice service apartment? like what is the wall system using shear wall or clay brick, floor finishes?
pangaeacyber
post Oct 21 2012, 06:48 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
QUOTE(CCWWAH @ Oct 21 2012, 03:25 PM)
Hi nad-ishak
I think the sa didnt go through well to analysed for u that why u r in dilemma now. R u went to osk kl office launch? If u r alright i can help u to analyse ur situation and give u more picture about this project and about cyberjaya. Don't hessitate to call me @ 0193443163. Im one of the sa in pj office.
*
Can you share what is the plan for the Gallery and Hotel at Pangaea by OSKP? for example, any confirmed tenant for the shopping mall, which hotel coming etc?
pangaeacyber
post Oct 23 2012, 04:16 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
went to the sales office today. looks like there are about 30% of tower 1 soltice unit left. I roughly counted, duplex about 13 units at low floors, 3 bedroom about 4-5 units at low floors, some 10-12 of 450sft unit facing east at low and vergy high floors whereas the rest are 450sft units facing west and north.
Tower 2 is also open for preview now.

This post has been edited by pangaeacyber: Oct 23 2012, 04:28 PM
pangaeacyber
post Oct 26 2012, 04:11 PM

New Member
*
Junior Member
36 posts

Joined: Oct 2012
anyone bought any unit of Soltice Tower 2?


Added on October 26, 2012, 4:13 pm
QUOTE(jacquelinemak @ Oct 26 2012, 01:55 PM)
SOLSTICE TOWER 2 NOW RELEASED for sale!!!! Anyone who miss out the tower 1 especially the duplex, this is your great chance to grab one today!!!
Attractive rebates available!!!!! Please call 012-3208621 for details....
*
can share share what is the starting price for tower 2 for the 980 sft duplex corner and 450sft type A at lowest level 8??

This post has been edited by pangaeacyber: Oct 26 2012, 04:13 PM

 

Change to:
| Lo-Fi Version
0.0224sec    0.56    7 queries    GZIP Disabled
Time is now: 30th November 2025 - 11:56 AM