Well, i guess all of us need to be aware that the in the past 2 years, there were easily more than 3k condo/service apartment launched ...Shaftbury, Garden plaza, Serin, Lakeview, Gardenview, D'pulze,domains, Bayu (SSP2), mutiara ville, Mirage, the place, etc.

Most importantly, all these are not completed or handover yet....the market for condo / service apartment will be pretty competitively in the next 2-3 years ..... Of course, like many projects everywhere, it will take time to reach occupancy rate of more than 80% in 1-2 years time. This will be the challenge for investor.

On the other hand, when some of these retails, commercial and lifestyle infrastructure completed, it will certain pull some people to stay in Cyberjaya....how many , well..hard to say....

The problem with property is that, when it is lack of supply....suddenly there will be influx of new projects, and when there are too many, developer will slow down....if they slow down too much, then it will create another case in which demand eventually more than supply....

In property investment especially a place like cyberjaya....is very subjective to individual appetite.

Actually, there are plenty of areas are with MSC Status. So, this might not be a strong reason nowadays...
I would say it is more of a mutually sustainable environment that some of these major MSCs would need certain partners or supporting industries.

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Added on April 26, 2012, 1:41 amYou are probably right. The problem is like chicken and eggs, without more people moving in, restaurant, retail or supermarket will be hard to survive....but without all these, the rate of people moving will be slow....but in most cases, people need to move in first like many other area. All of these residential development will need to spurs further the commercial development to create a more sustainable township, of course, some township remains as majority commercial forever. So, it is hard to kind of benchmark cyberjaya with other typically residential oriented township. Furthermore, Cyberjaya is surrounded by established township (dengkil, serdang/seri kembangan, putrajaya. providing more options for people to stay....

This post has been edited by spydermind: Apr 26 2012, 01:41 AM

unfortunately, the market price is determined by what the market is paying and not pay on what our expected ROI.

In the past, many property sales people, when being asked about market price, they will ask you at what price you bought it , and then add 20-30% on top. This is not right actually.