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 is Cyberjaya another potential "PUCHONG"?

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puchongite
post Jul 28 2013, 10:07 PM

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QUOTE(waikit2490 @ Jul 28 2013, 10:04 PM)
well there's always something negative to talk about even with the best development ever.
there's nothing risk-free, but when owners are making big bucks, some are just gonna look back into the opportunity they missed.
just my2cents.
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If there is one place in the urban Malaysia which property bubbles will be created, the first place where it will happen is Cyberjaya.
puchongite
post Jul 28 2013, 10:12 PM

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QUOTE(waikit2490 @ Jul 28 2013, 10:08 PM)
well im not gonna say no to that, possibilities is always around, always be ready for the worst eh?
lets all be positive and hope for the best.
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The breeding ground for property bubbles will consist of these keywords :-

Future, future future, supply, supply, supply. Investors, investors, investors.


puchongite
post Jul 28 2013, 10:31 PM

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QUOTE(AgnusDei1986 @ Jul 28 2013, 10:28 PM)
Any input on IOI city mall? A mall with the size to challenge Mid Valley isn't something that you can pull off without proper study of the market catchment.
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I am not entirely optimistic about IOI city mall but then IOI being a cash rich entity, they have huge sustaining power.
puchongite
post Jul 28 2013, 10:40 PM

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QUOTE(AgnusDei1986 @ Jul 28 2013, 10:34 PM)
Agreed on their cash richness. But such a huge investment in this area ! 16 Sierra township n the city mall, this is no small investment even for them. I think it bodes well for this area as they surely use whatever means to pull investment in.
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Just look at some of the commercial entities withheld by IOI: PFCC for example. They have tried and will continue to try.
puchongite
post Jul 28 2013, 10:55 PM

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QUOTE(AgnusDei1986 @ Jul 28 2013, 10:46 PM)
Actually, IOI PFCC looks promising, simply bcoz it offers MSC status n fast internet connection even outside Cyber. Not sure the take up rate, but my previous company (an IT firm) have moved there. I think it's filling up slowly, but quite nicely.
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That's the cash richness and the sustaining power I referred to. Didn't they use their muscle to get MSC status ?

So with regards to IOI city mall, in the worst case, IOI will apply what has happened to PFCC onto IOI city mall.

Question: is the technique applicable to every property in cyberjaya ?
puchongite
post Jul 28 2013, 11:07 PM

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QUOTE(AgnusDei1986 @ Jul 28 2013, 10:58 PM)
I see, if you mean that these developers like IOI group can provide a safety net, then its a boon to investors in a sense that both them and IOI group have interest in keeping their investment alive. I agree on the wait and see attitude though. Hope IOI PFCC isn't just an one off event.
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It goes back to what kind of investors you are.

I am just afraid that there might be quite a number of much smaller investors who do not even have the smallest fraction of the sustaining power (which IOI has ).

If you have the sustaining power, congratulation, you are pretty much as safe as IOI. Kekeke.

 

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