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 Why U buy Cyberjaya?

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Soros007
post Dec 10 2012, 09:54 PM

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Patutlah so many issues...
High end residential GnG will have vert minimum issues that you mentioned above.
Different segment of real estate for different category of residents ma drool.gif drool.gif drool.gif

e=SaberCortez,Dec 10 2012, 12:19 PM]
I stayed in Cyberia before, Cyberia Neo, and Domain.. elsewhere, I got chance to visit Cyber Heights all those luxury places also before... got invited.. but all almost the same.. except those really high end place like Cyber Heights..... but just the rental cost 4XXX, I wonder how much the house cost is..
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Added on December 10, 2012, 9:55 pmLike!

QUOTE(CK15 @ Dec 10 2012, 01:15 PM)
In term of family living in CBJ, Cyberia is the worst place, and not much different for Cyberia Neo and Domain, as all can be classified student house/condos.

If you got chance to stay at D'melor and Cyber Heights, those issues you experienced can cut at least 70%f. The living experience will be much much better if you stay in SG, GR, SEG, SH ....

So, this is not the issue of CBJ, it is the living place you choose...

Btw, the rental in Cyber Heights is around RM2.5k-3.5k. and price around RM300/sqft (can get fire sale/auction unit with cheaper price if you monitor closely)
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This post has been edited by Soros007: Dec 10 2012, 09:55 PM
Soros007
post Dec 10 2012, 10:27 PM

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Lok Yoon restaurant - How is the restaurant? Is it the Hong Kong style char chang teng like Wong Kok?
Got any pictures to share?


QUOTE(CK15 @ Dec 10 2012, 10:24 PM)
Have my dinner at today new openning non-halal restaurant, Lok Yoon Restorant, located above Burger King just now. Good!

Need chuyok fun to support Support SUPPORT ya!
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Soros007
post Dec 11 2012, 10:36 AM

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I guess high rise will need some time to be absorbed by market especially next 1-3 years. Selling the unit upon VP will be a bit challenging.



QUOTE(aliluya @ Dec 11 2012, 02:16 AM)
Can u share what duration is your short term? ..coz overall i'll be selling it after getting key or waiting key if there is a appreciation..not sure will keep for rental..
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Soros007
post Dec 11 2012, 11:02 AM

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That;s very true also.

QUOTE(cheahcw2003 @ Dec 11 2012, 10:47 AM)
Not only highrise, even landed will have plenty of supply in 2-3 years time.
Subsales purchasers are flooded with plenty of choices.
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Soros007
post Dec 11 2012, 11:46 AM

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Cyber's "ong' time should be 2017-2020 upon completion of so many commercial projects.

QUOTE(dRwh0 @ Dec 11 2012, 11:40 AM)
My opinion only..u need a good holding power..there will b oversupply in cbj..probably 5 yers for everything to stabilize..i believe most of the high rise purchasers aim for investment..
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Soros007
post Dec 11 2012, 01:14 PM

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Like!

QUOTE(noblebaby @ Dec 11 2012, 12:45 PM)
i keep for retirement. another 25-30 years. my god.
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Soros007
post Dec 11 2012, 03:17 PM

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Agreed - i never done it before too...
If flipping - FX + land should be faster than residential prop.

QUOTE(noblebaby @ Dec 11 2012, 03:03 PM)
Many actually buy now n hoping to offload after VP, is tht going to work? So far I never sold any of my proprrty...
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Soros007
post Dec 11 2012, 10:35 PM

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I guess the 1st phase residents are those working in cyber IT industry...

QUOTE(cheahcw2003 @ Dec 11 2012, 12:40 PM)
For a township to have an organic growth, the population need to grow gradually. We can't expect CBJ able to lure in the population from Puchong, Cheras, Mont Kiara, Damansara, Subang, overnight.

On the seperate notes, I do not think the commercial will immediately draw in the population. Even the shopping mall, The Curve, being located in the central location of Damansara, with few hundred thousands of population surronding the nearby matrued township such as BU, MD, DP, KD, TTDI. It still took 3 years to get the "wongness" become happening, i still remember the 1st 3 years of The Curve opening, car parks were empty, got few rape and kipnapping cases also happened in The Curve, due to no crowds.
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Soros007
post Dec 11 2012, 10:37 PM

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Renting FF semi D to ang mo expat...boleh ker? biggrin.gif
Rm8K only - still cheaper than bro noblebaby's SH at Rm15K? hehehe..lol

QUOTE(MrHunter @ Dec 11 2012, 09:28 PM)
Cyberjaya no need to lure ppl from mk cheras etc to stay there in next few yrs after commercial is up. Need to b realistic. Dpc took 7/8 yrs to pull mk ppls over. Maybe few here n there yes..definitely not flooding in for sure. Most importantly it mus convince the ciber employees to stay there. Thats more than enough for first phsse population. It is muc easier. If it cant even attract them to stay then it ll take timessssss to get population. Next ll b the migrants from puchong n kajang..of course those like spaces n better environment.
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Added on December 11, 2012, 10:40 pmLow D/P or amount of money to own new prop is the key factor in M'sia.
In Aus, min D/P of 20% plus stamp duty of 4-5% of purchased price is the min commitment required to start owning a prop.


QUOTE(CK15 @ Dec 11 2012, 10:17 PM)
Just wonder why people willing to spend RM400k for the NEW shoebox size apartment, but NOT keen to spend same amount for 12xx sqft Cyber Heights OLD apartment?
The living space and environment is much better, right?
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Added on December 11, 2012, 10:42 pmsince it's subsales market, the old high rise but with bigger BU and living environment will be grabbed 1st unless shoes box is a lot cheaper than it.

QUOTE(noblebaby @ Dec 11 2012, 09:51 PM)
This situation is also happening in singapore. So far most showbox developments r still under construction n the rental n resales r still not tested. We will see it in the coming 1 to 2 yrs
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Added on December 11, 2012, 10:44 pm China U! U kidding bro?
shocking.gif
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QUOTE(CK15 @ Dec 11 2012, 10:26 PM)
One China U proposes to setup their campus nearby Putrajaya.. location not confirm yet.
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Added on December 11, 2012, 10:45 pmTransition period la..... any cities in the world has to go through it lor.....

QUOTE(cheahcw2003 @ Dec 11 2012, 10:36 PM)
Not easy!!
1) We have friends around, husband work in CBJ, wife work in KL and kids study in SRJKC in City, unlikely he will move to CBJ

2) Another friend, wife teach in Mutimedia Uni CBJ, husband teach in U Malaya, wife doesnt want to move to CBJ, prefer travelling everyday.

3) Another retired relatives, son work in SIngapore but bought house in CBJ for parents and parents refused to move there, because CBJ limited chuyuk, no temple to pray, no like minded old folks to play chest with them in the open park, nobody exercise tai chi and Wai tan kong in the park.
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This post has been edited by Soros007: Dec 11 2012, 10:45 PM
Soros007
post Dec 11 2012, 10:50 PM

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hahaha...still have a few ang mo there la......
Anyway, in case cant rent out then just keep it for 11pm - 6AM house lor....late coming home and can't enter the door (kicked out by wife ma)...kekeke...then i calling u all for teh tarik lor..... icon_rolleyes.gif icon_rolleyes.gif icon_rolleyes.gif

QUOTE(noblebaby @ Dec 11 2012, 10:47 PM)
Haha u hav good memory bro... cyber IT industry got ang mo expat?

Some IT guys their pay is quite high

Once cyber is fully developed. I guess more ppls working in cyber will want to stay near to their work place. fair enough.

Now we should hope msc to bring in more mnc.
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Soros007
post Dec 12 2012, 10:41 AM

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Congratulations bro!!!
Most of us are landed kaki therefore inappropriate to give you advice other than holding power is required in cyber and not suitable for short term flipping biggrin.gif

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QUOTE(Chong1980 @ Dec 12 2012, 10:31 AM)
Hi guys, i just bought a high floor unit at Solstice @ Pangaea Cyberjaya. For investment not for own staying. Any advices?
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Soros007
post Dec 13 2012, 09:41 AM

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Setia Eco Glades Project appeared in Home Finder magazine.
http://issuu.com/homefinder/docs/sept-oct?...Mode=doublePage


QUOTE(noblebaby @ Dec 13 2012, 09:38 AM)
Landed is not only getting expensive, but FH landed is getting scarce... and the land side for landed is getting smaller and smaller, look at those zero-lot bungalow, although it is called bungalow but actually look like terrace.
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Soros007
post Dec 13 2012, 09:37 PM

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Isn't it many called us "mad man" for investing in cyber at the beginning of this thread? yes, cyber is no good. SEG s@cks. Pls dun buy haha.
Lesser competition for my 3rd unit by putting a hope on next islands biggrin.gif


Added on December 13, 2012, 9:05 pm
Let alone those sour grapes la. Dun care bout them la. V here for investment use until retire age
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This post has been edited by Soros007: Dec 13 2012, 09:42 PM
Soros007
post Dec 13 2012, 10:11 PM

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Bro AMINT - They are easy to rent out however dun expect high rental even from expat.
One of my mates paying Rm5K for Pavilion Residences (FF) and another one RM 4K+ in Hampshire Park (FF).
Let's not to forget the maintenance fee itself is abt Rm1K+ for a 2000ft2+
Unless the unit is very cheap, else not worth to consider la biggrin.gif
Just my 2 cents.


QUOTE(AMINT @ Dec 13 2012, 10:06 PM)
some may disagree with me but imho: parkview, hampshire and marc residence. easy to rent out
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Soros007
post Dec 13 2012, 10:30 PM

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Unless you alr have a long term tenant when buying over the existing unit else i would suggest u to reconsider la bro.
The owner can ask for any price however the transacted rental is always diff ler..... dun forget in KLCC area, the occupancy rate is only 50-60% and these expat are quite mobile. They always move into new condo since there are plenty of supply but little of demand in KLCC area biggrin.gif

Asking price is always lots of diff with actual rented price that one i can assure yo
QUOTE(AMINT @ Dec 13 2012, 10:18 PM)
wah so cheap aaa rental for the retail price we pay. huhu.based on my survey, 5-6% ROI for all 3 places.
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Soros007
post Dec 13 2012, 10:44 PM

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Bro, i am sorry that i cant really share much with u abt these prop.
From what i noticed, the affordability in KLCC is generally Rm4-5K only thus u may work backward to find the correct prop.
Landed > not good for rental but good in appreciation ma kekeke......
QUOTE(AMINT @ Dec 13 2012, 10:34 PM)
thanks for the input soros007. how about seri maya, maytower? i need to balance out my portfolio. right now a bit heavy on landed.
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Added on December 13, 2012, 10:46 pmGood la bro i wish you very good luck to get an islands unit biggrin.gif
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QUOTE(noblebaby @ Dec 13 2012, 10:33 PM)
I m also eyeing unit on island hehe
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This post has been edited by Soros007: Dec 13 2012, 10:46 PM
Soros007
post Dec 13 2012, 10:48 PM

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Hahaha..... Quality of expat in KL is very much different to SGP that's for sure!
Many expats in M'sia are from India, phillipines, Thailands, Indonesia etc howvever those in SGP are from US, Aus, UK, Canada etc......
can't complain lor biggrin.gif

QUOTE(noblebaby @ Dec 13 2012, 10:37 PM)
I have friends from singapore who spent 5-6mio on klcc condo... now keep making noise say canot sell high n rental is bad...
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Soros007
post Dec 13 2012, 10:59 PM

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S$ 15K x 2.5 = Rm 37.5K.....
Not sure how many MNCs in M'sia willing to pay this???

QUOTE(noblebaby @ Dec 13 2012, 10:56 PM)
Yalor. Here a small 3 bedroom unit at Marina Bay can get $15k per month.
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Soros007
post Dec 13 2012, 11:01 PM

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Agreed!

QUOTE(oreomambo @ Dec 13 2012, 10:54 PM)
Expats in Msia doesn't necessarily have to be concentrated in KL or area around KLCC. MNC companies are spread across klang valley. Mid Valley Gardens, Bangsar, Cyberjaya, KL Sentral..etc. So not necessarily the expats will be paying premium just to stay near KLCC and still enjoy the standstill traffic.

Also Expats in SG are mostly for APAC regional operations compared to msia.
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Soros007
post Dec 13 2012, 11:10 PM

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Cant agree more!
Let's get one more landed unit in sibeh-tak-jaya bro! biggrin.gif
hahaha... We will spare a bed for u in Tanjung Rambutan ......
Just to register with Bro AMINT kekeke

QUOTE(noblebaby @ Dec 13 2012, 11:07 PM)
Cyberjaya is still cheap. Iskandar is already more expensive than cyber. Bungalow from 4mio
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