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Sky Park @ Cyberjaya, By MCT
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CK15
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Jul 13 2012, 09:09 AM
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QUOTE(taufufa @ Jul 13 2012, 02:20 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. 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!
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CK15
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Jul 13 2012, 01:33 PM
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QUOTE(taufufa @ Jul 13 2012, 12:03 PM) 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. 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.
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CK15
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Jul 13 2012, 05:25 PM
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QUOTE(spydermind @ Jul 13 2012, 02:23 PM) IBut, 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..... 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....
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CK15
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Aug 22 2014, 06:29 PM
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QUOTE(visualfoley @ Aug 21 2014, 12:00 PM) the only problem living in cyberjaya is the haze.. i dont know why.. but it seems worst Haze???? U mean only happen to Cyberjaya and other areas all hv blue sky?
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CK15
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Aug 22 2014, 06:32 PM
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QUOTE(ryokouse @ Aug 21 2014, 11:54 AM) Those units were reserved by developer. Please lemme know which tower you interested I will pm you the details. (Service apartment, SOFO studio or SOFO Duplex) Thanks. The units reserved by investors aka vvip flippers... ;-)
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CK15
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Aug 22 2014, 09:27 PM
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QUOTE(visualfoley @ Aug 22 2014, 09:10 PM) well im working in cyberjaya and living in setapak.. yes.. the haze its only in cyberjaya.. when i go outside the office.. i can smell like smthing is burning.. but not in setapak.. The haze cames from nearby areas especially during dry season, and imported from Indo ..... 8-(
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CK15
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Aug 23 2014, 06:29 AM
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QUOTE(ryokouse @ Aug 22 2014, 11:34 PM) No re-sale allowed in MCT That apply to small fly. Will they tell u how they play back to back for VVIP?
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