Almost most of the online forum that i have seen so far, mainly discussing Cyber as a location or neighbourhood instead of just individual project.
Cyber had gone through a very rough cycle. From the very beginning, the association with MSC making it one of the most high profile project that attracts a lot of attention and spotlight. 4 major developers were engaged to jointly develop this place.
more than 10 years past, a lot of people are dissappointed and this is fully udnerstandable, simpley because the expectation was really high, so it is kind of relative that people are expecting more.
I fully agree. Those early investors (especially those who has not sold their property) , even though not fully happy with the capital gain, but seriously, over the past 10 years, really no complain on the rental yield. 10%-15% yield is possible on condo rental
2-3 years ago, that was the beginningin of the in rush of project or developer into this township. Same like those who like T brand or H brand of cars, they will guarantee you that the car from these 2 companies would command the highest second hand value. In this case, there are people that will guarantee you that "Prices of property in Cyberjaya will not increase" ...in order words, not good for short or mid term flippers/investors. See it yourself today. Of course, no one can guarantee non-stop price increase as this is very much within the nature of demand-supply situation.
Also, a lot of the people who have not been to cyberjaya for years , or dont understand cyberjaya or confuse between cyber and putra, etc. So, go there and have a look......No pork? SOmeone must be kidding, i just had pork there last week, on a recently opened restaurant.
Drive around there, check the master plan ......
Personally i wont compare it to DPC as DPC has minimum job opportunity wihtin but it mainly established it self as a premium option for people working around KL or PJ.
Cyber has got commercial and job opportunity.....well, who knows eventually when it is more developped, maybe it will not be as nice to stay ....
Over supply issues had been discussed again and again especially all the launches within the past few years....I wrote in another post that it will have more than 5000-6000 residential in the next 3-5 years , and those are mainly service apartments or smaller condo unit. But then again, if the commercial situation is not favorable by then, yes, it will be oversupply.....but if the commercial impact is still there and continuing to grow....then i reckon that it might not be enough residential development there. By then, new launches will take a couple of years more to be completed to fill the gaps.
LAst point, so far, most of the residential project especially landed are mainly medium to high end type with G&G, facilities, etc ....so dont expect these to be cheap ...of course, I do hope that more affordable landed could be built but sometimes, the cost of buidling will force the develop to go highend landed or multi dwelling unit (Condo) to maximize the value .
Why U buy Cyberjaya?
Jan 2 2013, 01:56 PM
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