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 Why U buy Cyberjaya?

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TSxyyap
post Sep 6 2012, 01:36 PM

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QUOTE(tingc @ Sep 5 2012, 04:25 PM)
No need to wait for LRT or MRT... there is already a KLIA Transit station (Station Name : Putrajaya/Cyberjaya), which is just 10 mins drive away from Cyberjaya City Centre  smile.gif Putrajay/Cyberjaya Station ---> KL Sentral in only 17 minutes at RM 9.50 one way, and in a ultra modern and comfortable train. No need to cramp into LRT/MRT. Frequency is every 30 mins during off peak. Of coz cannot compare with LRT/MRT's frequency la

Now that would be another good reason to stay in Cyberjaya  smile.gif
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Public transport is nice to have, but the rich does not buy HER because of public transport.

TSxyyap
post Sep 6 2012, 01:37 PM

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QUOTE(nkhong @ Sep 5 2012, 05:15 PM)
The transit station is not walking distance from cyberjaya. You need to take taxi which will cost you around RM10. or Take bus to that station.
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Drive.

TSxyyap
post Sep 6 2012, 01:42 PM

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QUOTE(cool burger @ Sep 5 2012, 07:21 PM)
There are few reasons,

1. I feel stress over the place becos have a lot of PH. Also, for me, CJ is a good place to work for but it dont create an environment for me to relax or hang around. I still feel more comfortable with the eateries/places with more chinese population.

2. No doubt, majority of the purchasers are Chinese, even my brother and few frens hv actually invested the Villas/Bungalow there but none of them have the intention to move in upon VP. Mainly for investment purpose. Hoping to sell it to foreigners after holding few years. But, my quetion is will the foreigner wanted to settle down at CJ? So, you may just do a random survey with you frenz, how many of you from Damansara/Subang/Cheras etc etc will be settling down at CJ? rclxub.gif

This is my personal view only yeah...no offence...
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For me, I don't mind to sell my house at Sri Damansara, move & stay at Cyberjaya.

Nothing is confirm, but I believe soon there will be Chinese primary school in Cyberjaya.

TSxyyap
post Sep 6 2012, 01:48 PM

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QUOTE(twincharger07 @ Sep 5 2012, 10:24 PM)
very good analysis.. HOWEVER.. i think there is something missed out which "the right type of property for the right type of market" ..

Generally, I only see 2 types of properties in Cyber..
1) highend condos and landed props that worth > 800k
2) property cater for short term staying (SoXo, studio) and student market.. (e.g. The Place, dpulse, ARC)

But for those cater for general mass (2storey DSL, >1000sqft apartment/condo) are less.. and these are the biggest market segment for Cyberjaya working population, young adults, family, ppl who gonna start a family.. that is why properties surrounding cyberjaya are still prefered choice of many due to cheaper and bigger home...  Amenity is just part of the story... IMHO, price vs build up also part of house buyers consideration..

All the landed props in Cyber are of highend which is pretty much beyond reach of majority of cyberjaya working adults.. are there working adults buy SOHO n studio for own stay? mostly i heard are for investment.. renting this pigeon holes could cost 1/3 of average working adults in Cyberjaya..

Thus IMHO, SK, Puchong, Serdang, Kajang etc still remain top pick due to its more affordable house, more variety, pay less for more build up compare to cyber..

p/s: for other prime location like KL n PJ, ppl willing to pay more for less space due to its amenities.. but i dont see the same for cyberjaya at this moment..

my 2c
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We see this risk too, but we don't mind selling our Sri Damansara house & move to Cyberjaya.

I am not sure, but those who buy for investment may have same thought.

Other than this, we see HER risk is low, because our 20 years well maintained house at Sri Damansara is fetching > RM 800k.

TSxyyap
post Sep 6 2012, 01:51 PM

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QUOTE(twincharger07 @ Sep 5 2012, 11:03 PM)
life is short leh... after 5 yrs den wait wait for another 5 yrs... cyberjaya going to be 20 years liao hmm.gif

another interesting part is that the rapid booming of cyberjaya these few years is due to the booming of property market in msia.. since most are anticipating a slow down in prop market, will the same momentum still pushing cyberjaya ahead?  hmm.gif .. waiting time could be doubled from "5 to 8" years to "10 to 16" years??  hmm.gif
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When all those ONG area in KL is selling sky high, there will be many who move to not so ONG place, which offers latest concept & better living.

cool burger
post Sep 6 2012, 07:32 PM

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QUOTE(twincharger07 @ Sep 5 2012, 10:24 PM)
very good analysis.. HOWEVER.. i think there is something missed out which "the right type of property for the right type of market" ..

Generally, I only see 2 types of properties in Cyber..
1) highend condos and landed props that worth > 800k
2) property cater for short term staying (SoXo, studio) and student market.. (e.g. The Place, dpulse, ARC)

But for those cater for general mass (2storey DSL, >1000sqft apartment/condo) are less.. and these are the biggest market segment for Cyberjaya working population, young adults, family, ppl who gonna start a family.. that is why properties surrounding cyberjaya are still prefered choice of many due to cheaper and bigger home...  Amenity is just part of the story... IMHO, price vs build up also part of house buyers consideration..

All the landed props in Cyber are of highend which is pretty much beyond reach of majority of cyberjaya working adults.. are there working adults buy SOHO n studio for own stay? mostly i heard are for investment.. renting this pigeon holes could cost 1/3 of average working adults in Cyberjaya..

Thus IMHO, SK, Puchong, Serdang, Kajang etc still remain top pick due to its more affordable house, more variety, pay less for more build up compare to cyber..

p/s: for other prime location like KL n PJ, ppl willing to pay more for less space due to its amenities.. but i dont see the same for cyberjaya at this moment..

my 2c
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very good...agreed thumbup.gif
twincharger07
post Sep 6 2012, 09:34 PM

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QUOTE(xyyap @ Sep 6 2012, 01:48 PM)
We see this risk too, but we don't mind selling our Sri Damansara house & move to Cyberjaya.

I am not sure, but those who buy for investment may have same thought.

Other than this, we see HER risk is low, because our 20 years well maintained house at Sri Damansara is fetching > RM 800k.
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yea.. 20 years is a very long horizon...

at least Sri Damansara wasnt selling KL/PJ pricing when it was 1st launch.. plenty of headroom to grow..


Added on September 6, 2012, 9:35 pm
QUOTE(xyyap @ Sep 6 2012, 01:51 PM)
When all those ONG area in KL is selling sky high, there will be many who move to not so ONG place, which offers latest concept & better living.
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cyber not so ONG place but selling at ONG price... smile.gif

This post has been edited by twincharger07: Sep 6 2012, 09:35 PM
tatagal
post Sep 6 2012, 10:14 PM

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QUOTE(twincharger07 @ Sep 6 2012, 09:34 PM)
yea.. 20 years is a very long horizon...

at least Sri Damansara wasnt selling KL/PJ pricing when it was 1st launch.. plenty of headroom to grow..


Added on September 6, 2012, 9:35 pm

cyber not so ONG place but selling at ONG price...  smile.gif
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If it is really like Sri Damansara selling at PJ price, then those who bought there is really bid bumbo. hmm.gif

There are already few big Uni there like LKW, MMU, CUCMS, some MNC companies, and MSC status. I agree that it is still lacking in some sense like makan-makan place.

Though the price is not cheap, but plenty of commercial and residential development is going on for a reason.

Some ppl see this place as risk, some ppl see it for its potential. There is no right or wrong.

I see it as potential. If you can get a decent yield on your purchase in siber, seriously should dive for it and hold on it and see what will happen in few years time!

AMINT
post Sep 6 2012, 10:28 PM

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U all cyberjaya haters made me kecik hati. kekeke
oreomambo
post Sep 6 2012, 10:57 PM

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QUOTE(AMINT @ Sep 6 2012, 10:28 PM)
U all cyberjaya haters made me kecik hati. kekeke
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Bro, look at it this way

10 years ago = 100% ppl think that cyberjaya has no potential
5 years ago = 85% ppl think that cyberjaya has no potential
now = 60% ppl think that cyberjaya has no potential (at least how i feel from a balance of hater and supporter)

hey, it is moving....
AMINT
post Sep 6 2012, 11:06 PM

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QUOTE(oreomambo @ Sep 6 2012, 10:57 PM)
Bro, look at it this way

10 years ago = 100% ppl think that cyberjaya has no potential
5 years ago = 85% ppl think that cyberjaya has no potential
now = 60% ppl think that cyberjaya has no potential  (at least how i feel from a balance of hater and supporter)

hey, it is moving....
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wahh, now i feel more relieved. huhu
twincharger07
post Sep 7 2012, 12:23 AM

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QUOTE(tatagal @ Sep 6 2012, 10:14 PM)
If it is really like Sri Damansara selling at PJ price, then those who bought there is really bid bumbo.  hmm.gif

There are already few big Uni there like LKW, MMU, CUCMS, some MNC companies, and MSC status. I agree that it is still lacking in some sense like makan-makan place.

Though the price is not cheap, but plenty of commercial and residential development is going on for a reason.

Some ppl see this place as risk, some ppl see it for its potential. There is no right or wrong.

I see it as potential. If you can get a decent yield on your purchase in siber, seriously should dive for it and hold on it and see what will happen in few years time!
*
QUOTE(oreomambo @ Sep 6 2012, 10:57 PM)
Bro, look at it this way

10 years ago = 100% ppl think that cyberjaya has no potential
5 years ago = 85% ppl think that cyberjaya has no potential
now = 60% ppl think that cyberjaya has no potential  (at least how i feel from a balance of hater and supporter)

hey, it is moving....
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yea... i m one of the 40% ppl who think cyberjaya got potential.. its just a matter of taking how long to get there n how long to get a decent ROI wink.gif
tatagal
post Sep 7 2012, 08:45 AM

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QUOTE(twincharger07 @ Sep 7 2012, 12:23 AM)
yea... i m one of the 40% ppl who think cyberjaya got potential.. its just a matter of taking how long to get there n how long to get a decent ROI  wink.gif
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I thought cyberia is giving decent ROI. To be honest, I am not familiar with cyberia.
redman33
post Sep 7 2012, 09:08 AM

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QUOTE(tatagal @ Sep 7 2012, 08:45 AM)
I thought cyberia is giving decent ROI. To be honest, I am not familiar with cyberia.
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Yea, I think Cyberia is interesting in terms of ROI but IMHO, it's purely for rental yield. The apartment will probably struggle to compete with the newer projects to be completed in few years time as people buying for their own stay (if eventually people decided that Cyberjaya is 'livable') will tend to go for the newer units. Cyberia is full of students and may not appeal to home buyers.

Don't get me wrong, I think Cyberia is great but if I am looking for a home, I'll consider other newer units but have to prepare to fork out more. Home buyers generally would not mind fork out a bit more if buying for own stay, but investors are more attached to the 'numbers' when it omes to where to put there money.
twincharger07
post Sep 7 2012, 10:26 AM

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QUOTE(redman33 @ Sep 7 2012, 09:08 AM)
Yea, I think Cyberia is interesting in terms of ROI but IMHO, it's purely for rental yield. The apartment will probably struggle to compete with the newer projects to be completed in few years time as people buying for their own stay (if eventually people decided that Cyberjaya is 'livable') will tend to go for the newer units. Cyberia is full of students and may not appeal to home buyers.

Don't get me wrong, I think Cyberia is great but if I am looking for a home, I'll consider other newer units but have to prepare to fork out more. Home buyers generally would not mind fork out a bit more if buying for own stay, but investors are more attached to the 'numbers' when it omes to where to put there money.
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+1 ..


Added on September 7, 2012, 10:27 am
QUOTE(tatagal @ Sep 7 2012, 08:45 AM)
I thought cyberia is giving decent ROI. To be honest, I am not familiar with cyberia.
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agree with redman..
Cyberia is purely for rental play.. appreciation not that great.. student rental property usually dont appreciate much nor outperform compared to own stay properties..

This post has been edited by twincharger07: Sep 7 2012, 10:28 AM
tingc
post Sep 7 2012, 11:07 AM

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QUOTE(twincharger07 @ Sep 7 2012, 10:26 AM)
+1 ..


Added on September 7, 2012, 10:27 am

agree with redman..
Cyberia is purely for rental play.. appreciation not that great.. student rental property usually dont appreciate much nor outperform compared to own stay properties..
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Hi twincharger, so any good recommendations on good own stay properties in Cyberjaya? smile.gif
TSxyyap
post Sep 7 2012, 11:50 AM

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QUOTE(twincharger07 @ Sep 6 2012, 09:34 PM)
yea.. 20 years is a very long horizon...

at least Sri Damansara wasnt selling KL/PJ pricing when it was 1st launch.. plenty of headroom to grow..


Added on September 6, 2012, 9:35 pm

cyber not so ONG place but selling at ONG price...  smile.gif
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What I mean is, a 20 years Sri Damansara house already selling > RM 800k.

U guys still asking 50% of current price? U can only find at Setia Eco Hill.

Setia Eco Hill? U guys noticed KL development is moving south?

TSxyyap
post Sep 7 2012, 11:52 AM

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QUOTE(twincharger07 @ Sep 6 2012, 09:34 PM)
yea.. 20 years is a very long horizon...

at least Sri Damansara wasnt selling KL/PJ pricing when it was 1st launch.. plenty of headroom to grow..


Added on September 6, 2012, 9:35 pm

cyber not so ONG place but selling at ONG price...  smile.gif
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If Eco Glades is located at Damansara, I guess my RM 1 M+ entry will become RM 2 M+ lol.

TSxyyap
post Sep 7 2012, 11:59 AM

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QUOTE(tatagal @ Sep 6 2012, 10:14 PM)
If it is really like Sri Damansara selling at PJ price, then those who bought there is really bid bumbo.  hmm.gif

There are already few big Uni there like LKW, MMU, CUCMS, some MNC companies, and MSC status. I agree that it is still lacking in some sense like makan-makan place.

Though the price is not cheap, but plenty of commercial and residential development is going on for a reason.

Some ppl see this place as risk, some ppl see it for its potential. There is no right or wrong.

I see it as potential. If you can get a decent yield on your purchase in siber, seriously should dive for it and hold on it and see what will happen in few years time!
*
Sri Damansara? All thanks to DesaPark City & Damansara Avenue. Up, Up, Up & Away...

If anyone buying Cyberjaya target to sell foreigner, I will advise him to stay away too.

If DesaPark City & Setia Eco Park can make it, Eco Glades will make it too.

TSxyyap
post Sep 7 2012, 12:01 PM

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QUOTE(AMINT @ Sep 6 2012, 10:28 PM)
U all cyberjaya haters made me kecik hati. kekeke
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I noticed AMINT is quite negative with Cyberjaya from his previous comments.

What make the sudden change? U just join SP Setia? Haha.


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