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 Why U buy Cyberjaya?

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spydermind
post Jan 2 2013, 01:56 PM

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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 .






noblebaby
post Jan 2 2013, 02:06 PM

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Part of the Universiti Islam Di-Raja Malaysia, next to Majlis Perbandaran Sepang.

QUOTE(Soros007 @ Jan 2 2013, 01:44 PM)
Cyber mosque? the one to be built next to Sepang city council? or part of the islamic royal univeristy area?
*
Soros007
post Jan 2 2013, 02:12 PM

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That's what i saw in wikimapia.org too biggrin.gif

QUOTE(noblebaby @ Jan 2 2013, 02:06 PM)
Part of the Universiti Islam Di-Raja Malaysia, next to Majlis Perbandaran Sepang.
*
katijar
post Jan 2 2013, 02:14 PM

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cyberjaya sounds like a paradise
zachozoi
post Jan 2 2013, 02:15 PM

u come at the king, u best not miss
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QUOTE(noblebaby @ Jan 2 2013, 05:06 AM)
Part of the Universiti Islam Di-Raja Malaysia, next to Majlis Perbandaran Sepang.
*
ohh yeah
Soros007
post Jan 2 2013, 02:19 PM

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When the new prop pricing exceeds medium income work class affordability, the old prop with afforable price will be the next one to appreciate.... looking at Vista Komanwel currently...... F/H, MRT, good location, great accessibilities and still within general ppl affordability - RM 400K. worth to investigare further the subsale market? biggrin.gif

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 .
*

[/quote]

noblebaby
post Jan 2 2013, 03:13 PM

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from cyberview website:

http://www.cyberview.com.my/v4/index.php?o...&id=7&Itemid=53

QUOTE(Soros007 @ Jan 2 2013, 02:12 PM)
That's what i saw in wikimapia.org too biggrin.gif
*
This post has been edited by noblebaby: Jan 2 2013, 03:19 PM
noblebaby
post Jan 2 2013, 03:20 PM

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the problem with Malaysia property is the poor maintenance.... i visted Vista Komanwel last week, although there are some upgrading work going on but still look bad compared to 5-6 years ago. Student residences... dirty, and unsafe, many broke in.... asking 400k... the new development KM1 is selling at 800k.

QUOTE
QUOTE(Soros007 @ Jan 2 2013, 02:19 PM)

When the new prop pricing exceeds medium income work class affordability, the old prop with afforable price will be the next one to appreciate.... looking at Vista Komanwel currently...... F/H, MRT, good location, great accessibilities and still within general ppl affordability - RM 400K. worth to investigare further the subsale market? biggrin.gif

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 .
*
*
mr_fazz
post Jan 2 2013, 03:44 PM

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QUOTE(Soros007 @ Jan 2 2013, 01:44 PM)
Cyber mosque? the one to be built next to Sepang city council? or part of the islamic royal univeristy area?
*
got new mosque d?? As i know when I was working in cyberjaya back in 2007, there was no mosque. We normally went to MMU mosque/bomba mosque, dengkil or even putrajaya.

I hope it will be one big mosque in cyberjaya later smile.gif

noblebaby
post Jan 2 2013, 04:38 PM

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got... with Islamic garden too.

QUOTE(mr_fazz @ Jan 2 2013, 03:44 PM)
got new mosque d?? As i know when I was working in cyberjaya back in 2007, there was no mosque. We normally went to MMU mosque/bomba mosque, dengkil or even putrajaya.

I hope it will be one big mosque in cyberjaya later  smile.gif
*
mr_fazz
post Jan 2 2013, 04:43 PM

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QUOTE(noblebaby @ Jan 2 2013, 04:38 PM)
got... with Islamic garden too.
*
really?? mind to tell where?? biggrin.gif

noblebaby
post Jan 2 2013, 05:09 PM

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here: http://www.cyberview.com.my/v4/index.php?o...&id=7&Itemid=53

QUOTE(mr_fazz @ Jan 2 2013, 04:43 PM)
really?? mind to tell where??  biggrin.gif
*
This post has been edited by noblebaby: Jan 2 2013, 06:30 PM
noblebaby
post Jan 2 2013, 06:31 PM

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Master Plan of Cyberjaya

SH surrounded by commercial?!?

user posted image
noblebaby
post Jan 2 2013, 06:33 PM

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The area of the mosque is quite big as can be seen in the plan.

hope it will be another iconic structure in cyber.

QUOTE(noblebaby @ Jan 2 2013, 06:31 PM)
Master Plan of Cyberjaya

SH surrounded by commercial?!?

user posted image
*
Soros007
post Jan 2 2013, 09:08 PM

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Thanks bro noblebaby for the excellentt quality of cyberjaya master plan!

Extracted from the legend:
1). Perumahan kos rendah = 0.55%
2). Perumahan mampu milik = 2.44%
3). Perumahan kos tinggi = 14.25%
4). Perumahan bercampur = 3.2%
5). Perumahan telah dibangunkan (kos tinggi) = 1.05%
Jumlah kecil = 21.49%

As such, (1.05+14.25) / 21.49 x 100% = 71.19% of residential prop in cyber is HIGH END RESIDENTIAL!!!
Is this make sense why 1st phase of landed in most projects are asking > RM1.0mil+?
rclxms.gif rclxms.gif rclxms.gif

QUOTE(noblebaby @ Jan 2 2013, 06:33 PM)
The area of the mosque is quite big as can be seen in the plan.

hope it will be another iconic structure in cyber.
*
Maknusia
post Jan 2 2013, 09:22 PM

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Hmmm, CBJ was build as a fort for MSC investments.

If the are is converted to residential area, do you think it will still prosper with foreign investments?

Apa pendapat anda?
Soros007
post Jan 2 2013, 09:28 PM

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99% of ppl who bought cyberjaya knows that it's not because of MSC status.
Foreign investment? think will be more suitable for local like PJ / Damansara.

QUOTE(Maknusia @ Jan 2 2013, 09:22 PM)
Hmmm, CBJ was build as a fort for MSC investments.

If the are is converted to residential area, do you think it will still prosper with foreign investments?

Apa pendapat anda?
*
TSxyyap
post Jan 2 2013, 09:41 PM

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QUOTE(spydermind @ Jan 2 2013, 01:56 PM)
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 .
*
Brother, are u one of our neighbour? Buying any of the Cyberjaya HERs?

Wonder if I can get another new launch super link @ Cyberjaya for RM 800k.


This post has been edited by xyyap: Jan 2 2013, 09:59 PM
TSxyyap
post Jan 2 2013, 09:45 PM

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QUOTE(noblebaby @ Jan 2 2013, 03:20 PM)
the problem with Malaysia property is the poor maintenance.... i visted Vista Komanwel last week, although there are some upgrading work going on but still look bad compared to 5-6 years ago. Student residences... dirty, and unsafe, many broke in.... asking 400k... the new development KM1 is selling at 800k.
*

*
the problem with Malaysia property is the poor maintenance....
>>> Agreed.

People who play low to medium cost properties are aware of this, even the yield is attractive but the price appreciation is capped.


This post has been edited by xyyap: Jan 2 2013, 09:59 PM
Soros007
post Jan 2 2013, 09:46 PM

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Very true also bro!

[quote=xyyap,Jan 2 2013, 09:45 PM]
*

[/quote]
the problem with Malaysia property is the poor maintenance....
>>> Agreed.

People who play low to medium cost properties are aware of this, even the yield is attractive but the price appreciation is capped.
*

[/quote]


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