QUOTE(seanwong84 @ Apr 23 2012, 02:00 PM)
Hi twincharger07,
I think you may have answered your own question. With so many developments in the area, I think it raises a certain hype that Cyberjaya is finally taking-off and maturing and hence property prices should appreciate. There are quite a few reputable MNCs in the area so it does attract a more professional tenant base (I intend to rent out) so less fuss with tenants not paying-up, running away, ruining the unit, etc.
I like the more managed masterplan of Cyberjaya vs matured areas. With pocket developments, I foresee traffic woes that may just kill the buzz of that the area because no one wants to be anywhere near there. Example, SSTwo Mall, KL Sentral. I think it yields better returns in the longer term too. Proximity to KLIA is a plus too. With more developments, KL city will decentralize as companies shift to Cyberjaya and lets face it, KL will probably serve as support offices to many regional headquarters in Singapore. Business travellers and top-rank managers in Sg will only want to take day trips to KL for their meetings, so proximity to KLIA is a plus if offices are situated near, that is, Cyberjaya!
Feel free to comment and give me your own thoughts. I'm quite new to KL property investment myself.
Sean
been studying n working here for more than 10 years..
cyberjaya has been progressing but it took more than 10 years to reach its current stage.. will it accelerate and progress the same growth that it took for last 10 years in just 2 years time, I am not very sure..
How many existing MNC and how many more coming in? I didnt really study the demography in cyberjaya although have been here for so long..
It never get traffic Jam in cyberjaya.. will it get congested in next 2 years? The more jam, the more progress of the area, just look at PJ, Subang, KL and Puchong.. Without Jam, there is no reason for ppl to stay near and they will just drive home (puchong, equine, kajang, bangi??)..
I do see more infrastruture are invested in more matured area, which gonna elevate the value even higher.. not much news on public infrastruture on going in Cyberjaya.. And government is still continue investing greater KL plan in most of the mature area.. New office blocks and residential getting more and more in Prime location.. Will more MNC be shifting to Cyerjaya in the near future? The few advantage of setting up in Cyberjaya is on Taxation..
Just to share..