Found something new in cyberjaya today.. another mix development on the rise..

http://www.mct.com.my/index.php?option=com...=147&Itemid=342

on this vacant land.. http://wikimapia.org/#lat=2.9506786&lon=10...99&z=16&l=0&m=b
if you pass by, you can see its fence up with the poster of building facade.. paiseh, didnt stop by and take photo..

u passed by cyberjaya
any more info?
support support abit since u r TS.

Yea interested to know more info too...

u can visit their office to see the scaled model
i have seen it last time
near their u/c project (The Place) next to LKW

Got Helipad

http://www.mct.com.my/index.php?option=com...id=182&Itemid=0

When completed I will take a drive there to appreciate the beautiful buildings.

Nice.. how much?

Awesome, longer than MBS.

This 1 seems nice...any info? How much?

Price?

Nice! Love it!

1 km from Lim Kok Wing Uni

http://www.mct.com.my/index.php?option=com...=102&Itemid=236

Any comments??

Open for registration

This post has been edited by 735i: Jul 4 2012, 02:06 PM


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Banyak cantik lah. Hope the price is not too far fetch.

Another property in Cyberjaya.
Got more info on this?

siap dengan helicopter landing ... nice la ...

Already got existing thread on this .. anyone know the launching date?

http://forum.lowyat.net/index.php?showtopic=2310858&hl=

Any idea what's the price point? Thanks

Anyone received sms/email on this? Heard it's launching soon.

This week, The Edge got full page with MCT boss and the table shown 2017 launch. MCT really aggressive with One City @Usj25.

Launching 2 blocks soon containing duplex and studio SOFO, 200+ units each. Heard more than RM600+ psf before early bird discount. After discount, if you get it should be also close to RM600psf averagely. Commercial title and comes with DIBS. Size for duplex around 550sf and studio ranging from 550 - 850sf. All units are furnished. Quality of furnishes don't know. Should b similar to their project The Place next to LKW university. Sky deck looks impressive but RM600psf in CJ looks expensive compared to many condo in the city. The development contains 1 block of hotel, 2 blocks of office, 2 blocks SOFO and 1 block serviced Apartment. Worth investing at this time?

Thanks for the details. Your question is also my question too. Which 1 is more doable - duplex or studio SOFO?
Yup, 600psf is really pricey. If 600sft of studio is already 360k .. almost same price as Empire City Damansara?

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Added on July 12, 2012, 8:21 amLaunching this week? The email I received did not state the date



This post has been edited by 1282009: Jul 12 2012, 08:21 AM

Is this project start selling now?

damn expensive

Public preview starting 19/7.

Really? Where did u get the info bigmama? Do u think this is a gud buy?

Anyone interested pm me for details!
Anything you need to know also can post here

im interested to know about this prop... PM sent

If rm600 psft is accurate .......... is rip off pricing...
..fully furnish also no use. Whatever concept also rubbish. Developer now very greedy n they thought they built heaven.RIP OFF..


...

100% real lah... Just drop by their sales office on 19/7 and check it out. I am also contemplating whether to invest or not. Price is real on the high side but what is cheap nowaday? I am not too sure of the location. I heard their earlier project in Cyberjaya, The Place, is much better in term of location and price. If at all I am investing, I will go for duplex. Cheers!

Kenapa kena pm pak? what so detail that u can provide @@? i dont paham !

[quote=bigmamma,Jul 12 2012, 07:07 AM]
Launching 2 blocks soon containing duplex and studio SOFO, 200+ units each. Heard more than RM600+ psf before early bird discount. After discount, if you get it should be also close to RM600psf averagely. Commercial title and comes with DIBS. Size for duplex around 550sf and studio ranging from 550 - 850sf. All units are furnished. Quality of furnishes don't know. Should b similar to their project The Place next to LKW university. Sky deck looks impressive but RM600psf in CJ looks expensive compared to many condo in the city. The development contains 1 block of hotel, 2 blocks of office, 2 blocks SOFO and 1 block serviced Apartment. Worth investing at this time?

[/quote
Actually plan to invest one studio there too but heard my colleague say is over supply at CJ for those condo.

[quote=bigmamma,Jul 12 2012, 10:01 PM]100% real lah... Just drop by their sales office on 19/7 and check it out. I am also contemplating whether to invest or not. Price is real on the high side but what is cheap nowaday? I am not too sure of the location. I heard their earlier project in Cyberjaya, The Place, is much better in term of location and price. If at all I am investing, I will go for duplex. Cheers!

[/quote]

Why duplex over single studio? Mind to share the opinions?

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Added on July 13, 2012, 12:50 am[quote=Mamalynn,Jul 12 2012, 11:07 PM]
[quote=bigmamma,Jul 12 2012, 07:07 AM]
Launching 2 blocks soon containing duplex and studio SOFO, 200+ units each. Heard more than RM600+ psf before early bird discount. After discount, if you get it should be also close to RM600psf averagely. Commercial title and comes with DIBS. Size for duplex around 550sf and studio ranging from 550 - 850sf. All units are furnished. Quality of furnishes don't know. Should b similar to their project The Place next to LKW university. Sky deck looks impressive but RM600psf in CJ looks expensive compared to many condo in the city. The development contains 1 block of hotel, 2 blocks of office, 2 blocks SOFO and 1 block serviced Apartment. Worth investing at this time?

[/quote
Actually plan to invest one studio there too but heard my colleague say is over supply at CJ for those condo.

[/quote]

Yup, same concern here.



This post has been edited by 1282009: Jul 13 2012, 12:50 AM

working in cj for about 4yrs. like ghost town after office hours. bear in mind only 2 big college there. student population will be limited. moreover not everyone staying there. expected at least more than 1000 unit condo will be up in few yrs time. existing condo like domain and cyberia still got a lot empty unit. this project selling rm600psf with commercial title? what is your expected rental yield in order to cover this? if those aiming for investment why not just get subsales like domain and cyberia. price around 250-350k better than new project. and one more very important fact about cj is almost 90% of the companies are doing IT. staffs in IT turnover rates are damn high. do you think they prefer to stay there? well, not to pour cold water but i just voice out my observation. those who plan to get this better consider serious unless you have high holding power.

Agreed cj has oversupply

Ghost town??? Working in CJ for about 4yrs NOW or 5-10 years ago?
I use to go for dinner at Padi/Old Town at around 8-9pm. Sometime have to park very far away or wait 10-15mins to get one!

have you stay there b4? 15min? if that day got football match then perhaps. sorry to say i never got problem finding parking even during lunch time. for long term tenancy, i dont think none of the ppl there will go padi/old town/cafe/mamak everyday especially chinese . like i said, you if have holding power, just invest there.

Actually taufufa is right about the oversupply issue. Am also worried on this.
Cyber might change to be more "wong" once the under con projects are completed.

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Added on July 13, 2012, 12:10 pmI think lunch time difficult to find parking leh ... need to wait for ppl to leave.



This post has been edited by 1282009: Jul 13 2012, 12:10 PM

I am living in CBJ for 6 years ++, Padi/Old Town, Nando, PizzaHut, KFC, O'Brien are my frequent Dinner places.

Agreed with you on over-price and over-supply for NEW LAUNCH in CBJ, BUT CAN't AGREE ON "GHOST TOWN"!

In fact, for OWN STAY, still can find reasonable price and good living environment sub-sale units. And not difficult to find also.

I wanted to correct the number quoted. it will not be 1000, it will be more than 5000 residential properties (service apart, condo, link house, etc) completing within the next 5 years.

- The place
- The Pulse
- Garden View
- Shaftbury Square
- Garden Plaze
- Serin Residence
- Summerglades
- Garden Residence
- Symphony Hills
- Sejati Residence
- Domain
- LAke front
- Vita

and more to come .....

But, this is up to you to judge about oversupply or what. Property is different investment compare to stock or forex. should there be oversupply or undersupply....things will not get rectify immediate, as it will take years to get one place occupied and also with takes years for new project to fill the gap if undersupply.

Btw, a lot of project not neccessary means oversupply....it is about consumption and time taken to occupy...that one you need to make your own judgement. OVersupply over a large defined area might not reflect the actual condition or might prohibit us to se value in certain property within the define area. Many say MK is oversupplied with condos....i have friends who still able to rent out their condo as 5-6% yield. Still people making money during bad time.....

Where got 5k so little? Symphony park alone already 2k. Osk + andaman project also > 2k.

Symphony park is alive? Check first before commenting....secondly, i mentioned more than 5k.

You have points for "oversupply", but problem is we see more and more supply coming, but yet to see people moved in. For near future, SummerGlades and GR might be a good test water....

With all the supplies, where is the demand?

Also Pangaea (SOHO and Service Apartments) opposite MMU....

Based on the price, location and layout of Sky Park compared to the recently launched condo/SOHO in Cyberjaya, is it a better investment than the rest? In the scale of 1 to 10, how is Sky Park compared to the rest of projects in Cyberjaya? Tq for advice.

If oversupply is the main issue, i think the owner will compete interms of rental, facade and amenities.
no escape for Sky Park too...war will begin after 2015
my 2 yen

Hope Cyber can attract more tenants which I think is possible. What do u guys think?

Actually in cyberjaya, all the project of quite close to each other. Maybe the most just 3 or 4 km away. This sky park can consider a bit outskirt from centre activity area. Shaftfury or Pulze has better location.

Correct me if I am wrong. Isn't the project nearer to the "main" entrance if one needs to go to Cyber so the proj will be more noticeable?

there are alot place to choose wat...
why Sibehjaya???
it take's time to grow...5yrs?10yrs?
i dunno

This post has been edited by PROPERTYMATE: Jul 15 2012, 05:19 PM

Depending on where u come from, from Mex, it is not, "the place" is also by mct is consider as entrance for people fro, mex. The place launch at cheap price slightly more then 300 psf? About that price range, all sold out before launching except the big unit. From puchong south ldp toll or equine park, there are two entrance, one is near kdvt which is this sky project located. The other is after putrajaya sentral station which i normally used. From selangor sains park or nusaputra or elite there is another entrance MMU that side. From Dengkil another entrance.

From 550 psf before disc, to me it is very expensive. Unless they giv 10% disc consider alittle bit ok la. From artist impression picture it indeed look very nice.

This post has been edited by nkhong: Jul 15 2012, 05:18 PM

Thanks for the input

IMHO,
CBJ, GRR project looks more competitive after 2~3 years of all CBJ projects completion ... after GRR contracts go lapsed, it will be an open war of fighting to get tenants

15% discount within 2 weeks of launch

True, this make sense that is why CBJ normally do not attract most investors as they cannot afford to take such a risk. In fact, if one do the study, more forums or opinions from others oredy discouraging them. It really makes no sense especially a young investor to start at CBJ. There are much better places to start.

In fact, right from start, the worrying of over-supply, high price psf is the main deterant for investors.

15% indeed not bad. How much we can get loan for commercial title property? 80? So just pay 5% consider low entry for those who bound to ltv70. Any freebies?

Symphony Park still alive. Confirmed by developer and will complete in 3 month time.

Nearby Sky Park got Lake front right? From pic Lake front look easily > 6k unit ??


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U mean 3 years?
> 6k units?

loan 85%
Booking fee 2%

no other fees, no other hidden cost

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Added on August 14, 2012, 10:58 amlaunching this friday.
anyone interested do pm me

This post has been edited by 735i: Aug 14 2012, 10:58 AM

Skypark info based on KPTK:

Kategori Rumah HARGA TINGGI
Jenis Rumah RUMAH PANGSA/KONDO
Bil Tingkat 38
Luas Lantai mps
Luas Lot mps
Bil Unit 296
Tarikh Kelulusan TCF (CF Sementara)
Tarikh Kelulusan CF
Harga Max RM 705,900.00
Harga Piawai RM 507,600.00
Harga Min RM 507,600.00
Laporan Kemajuan Projek Terakhir Sesi Tahun


The real price sold so so so so so much lower than harga min and harga piawai. Good thing eh?

Bro,
What project is this? Tx

This project is Symphony Park. I thought dead la this project. Still got meh?

This is the service apartment right? Not the SOHO/Duplex I think..

It stated there only one. dunno which one. even service apartment is lower thab this, right? This is not the only one where real price is lower than kpkt min price.

The number of floors / total units matches the description of service apt loh..

oooo.

I was told buyers will be notified to get loan in coming December.

has your deposit check cleared?

ok. hopefully can close deal early before bnm
come out with more stricter rules.

December is to notify u to get loan lah. Cheque cleared to confirm your booking mah (deposit/downpayment). I'm actually surprised they took almost 2 months to clear. MCT so loaded?

Guys, gtg brb in an hour.

If ltv70 rule on commercial, a lot of shoplots can't sell, wouldn't it? Great impact to economy oh..

ya lor. one of my bankers told me that yesterday. Thats why i said to him, faster prepare everything for me (other banks also I asked) but all said got no indication from MCT. i hope bnm doesnt go for it coz it can give impact to economy, right?

If BNM implements such rules, many developers will be affected, since many new launches are commercially titled.

Wouldn't the developers priced the selling price high in order to give such discounts?

But the service residents is under residental..so can get 90% loan lor..those who do not have more than 2 loans of course..

Skypark as of 2 days ago taken by a fellow investor too. MCT still hasnt sign s&p with buyers or asked buyers to look for financiers. But skypark construction is already on the move.


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Thanks for sharing. Still long way to go.

Yup. I was told it supposed to be completed in 2017. Huat ah!

I guess they are digging the underground for the basement carpark.. 5 basement levels I was told.

Got a call from MCT today on the bank panel for service apartment: only 2 bank panels, which is tiger bank n uxb.

Will like to get your opinion on which one is better:
1. high floor west facing balcony, can see sky bridge From top
2. Medium floor east facing, can't see skybridge
from top

Any deadline to get loan?

Facing east will see the view of entire Cyberjaya?

No deadline, as they are yet to release all the bank panels. Facing east balcony can see putrajaya

willing to let go my Skypark (MCT) unit, single bedroom on high floor.

PM me if interested. Must transfer before SnP signed.

Reason for letting go: other family commitments..

This post has been edited by optimus28: Nov 27 2012, 10:09 AM

Any latest package? Still have available units? Whats the starting price? Tq

Got The Place, Cyberjaya. This one is tempting also. But now with the LTV70% on 3rd house/property applies, not sure if it's a good choice now.

Once LTV 70% kicks in, all lari. Find those without LTV70% la bro. (hint: commercial loan)

If my loan is not approved with 85% margin, I will most probably let go my unit.

Wah, many highly geared

Sure aaa bro? You will be shocked to know 100++ people waiting for your unit. Lots of people in waiting list. Know this today

Amint, u mean sofo or service apartment?

sofo bro. service apartment still got developer units left, right?

Yup bro, service Apartment still have unit left by developer

skypark - another white elephant?

But now they only give 5k rebate

Elephant = yes. White elephant = dont think so. Everything under one roof

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Added on November 28, 2012, 2:58 pmYup. Sales were good. Got long waiting list for sofo. So RM5K rebate only. No more 15% discount.

This post has been edited by AMINT: Nov 28 2012, 02:58 PM

How u know, from SA?

yup. SA wasnt concern if anybody wanna drop. many waiting

again diff SA has got diff way of luring/convincing. checked from property fair today, still has few sofos left, and no waiting list actually.