he/she said Downpayment..

5k, 6k, 8k downpayment is nothing new...

This post has been edited by twincharger07: Oct 26 2012, 02:32 PM

MMU population - 8000 (can check website)
LKW population - 9500 (can check website)

MMU has internal hostel, 4 blocks with 3 wings each, 5 floor, also another 2 apartments IOTA and Epsilon, easily fit in 3000 students (I stayed there for whole 4 years, RM100 permonth only.. lolzz)
LKW hostel near SK (anyone mind to share how many it can fit in?)

Existing poperties
Cyberia easily fit in 5,000 population http://wikimapia.org/#lat=2.9219518&lon=10...66&z=16&l=0&m=b
1182 Condos, 372 townhouse
http://www.propwall.my/cyberjaya/cyberia_smarthomes

Cyberia Crescent http://www.iproperty.com.my/condominiums/1...yberia_Crescent
799 units of 900sqft to 2000sqft... conservatively accommodating 2,000 population

Domain Cyber http://www.propwall.my/cyberjaya/the_domain
272 units of studio and small apartments

D'Melor http://www.propwall.my/cyberjaya/d%27melor
120 units low density condo

Gardenview Residence - 210 units with 1400sqft to 2800sqft http://gardenview.com.my/index.asp

On going -
Mahsing Garden Plaza - 983 studios and service apartment http://www.propwall.my/cyberjaya/garden_plaza
D'pulse - 482 studios and suites http://www.propwall.my/cyberjaya/d%27pulze
Shaftsbury - 783 studios and SOHO http://www.propwall.my/cyberjaya/shaftsbury_square
Serin Villamas - 600 units of condos (965 to 3000sqft), easily take in 2,000 ppl http://www.propwall.my/cyberjaya/serin_residency
The Arc - over 1000 units of condos (900 to 2000sqft), easily take in 3,000 ppl http://www.propwall.my/cyberjaya/the_arc
Mutiara Ville - 10 blocks highdense.. easily take in 3,000 ppl http://www.iproperty.com.my/propertylistin...ominium_ForSale
S
The Place - 190 studios (partitioned to 3 bedder) .. also duplex SOHO dont know how many http://www.propwall.my/cyberjaya/the_place
V' Residence - 268 units with 1,300sqft above http://www.vresidence.com.my/concept.html
Skypark - Service Apartment close to 300 units.. Studio and SOHO unknown
Pangeae - SOFO 200 units http://www.propwall.my/cyberjaya/paragon
Pangeae - Service apartment, my rough calculation 500 units perblock, 90% studio, all togther 4 blocks.. potentially total 2,000 units of studio + service apartment
The Hyve - 768 units of studio and small apartments
Vita Cyberjaya - 345 SOHO http://www.iproperty.com.my/news/5246/vita-lity-in-cyberjaya
Vega Residensi - 356 studios and small units by PKNS - http://www.pknsproperty.com/VegaResidensi1/index.html
Symphony Park - this one abit unknown... initial plan was 784 units http://www.propwall.my/cyberjaya/symphony_park

Other props which I dont think part of the competition
Mahsing Garden Residence
UEM Symphony Hills
Sps Eco Glades
Summer Glades
MyDiva Homes
OSK Mirage by the lake

Others which could be part of the competition
ZEVA
3 Elements
Paragon 3

fuh.. i m abit tired korek all this info... I am sure there are more projects but running out of brain juice..
you are welcome to add on further and calculate the potential supply as well

how many potential studio units do you think



This post has been edited by twincharger07: Mar 17 2013, 03:41 PM

I like your thoughts.. we are still very much domestic demand driven..
Props in Cyber seems aiming rich foreign students and expats, expecting RM1.4k or RM1.5k rental for studios and SOHOs.. although there are rich locals, but majority of workforce in Cyber are working class working as IT exec..

MNC invested their IT hub in msia because we are so-called "cost effective" which means most dont get super high pay .. why MNC downsizing other countries and invest more in Msia? because our workforces are chxxp ..

IMHO, many working class still prefer other suburbs like SK, Puchong because the standard of living particularly food is much cheaper.. Cyberjaya food is very expensive, one of the reason is to cover the high rental especially those newly completed shoplots.. For working class who are busy working around the clock, there isnt time to do home cooking and most of the time just eat out..

This post has been edited by twincharger07: Mar 17 2013, 04:12 PM

interesting job you have there..

Yes bro... you u hav a valid point.. couple earning 20k is possible.. but we are talking about potential few thousand units (I am just guessing) of studio and SOHO in Cyber which likely aiming for singles... IMHO, couples prefer bigger houses (I might be wrong)..

I rent to businessman (and his family) too but that is other places..

I worked close to 10 years... more than half of my time in this job posted overseas..

From MNC perspective, headcount cost is counted by compensation+benefit and other HR costing... if our salary is 5000, total headcount cost can go up to 15000 per person permonth, because 5000 salary, 10000k other cost.. because it is the executives that produce the output, thus the salary of our managers, secretary, admin, HR, etc are actually depending on executives to keep the business alive. also those hidden cost perheadcount is use to cover our benefits, allowance, EPF, IT support, office space, even down to the number of cleaners and security guards.. because the bigger the workforce, the more admin, managers, office space, cleaners, security guards you need..

When HR and managers dimensioning for headcounts there are much more other cost that incurred on a person than just his salary alone..

my2c

This post has been edited by twincharger07: Mar 17 2013, 04:47 PM

Agree bro.. thats y i feel landed in Cyber is in different league..

For highrise, competition will b intense.. yea, no right and wrong.. its just gaining or losing only...

As I was compiling the list, I oso couldnt believe the list can go on and on and on.. lolzz..
I am sure there are more but I korek until tired adi.. hehe...

IMHO, I think this is just the beginning.. after "General Erection" maybe more high density highrise launching in the pipeline..

wah... this list sibeh good... thanks for the website

I am pretty shocked to see the amount of supplies coming in for the next few years..
The Lakefront by MCT is missing in the list, I think that is a huge project and potentially supplying few thousand units..
Mutiara Ville i think the supply is more than a thousand





This post has been edited by twincharger07: Mar 18 2013, 01:10 AM

ic.... so MCT also taking part in the PR1MA as well? that explain the highdensity highrise around this area..

as far as i can see, big IT MNCs are still the main driver to drive population into cyberjaya,,
you r talking about butterworth, what about ah jib kor drawing MNC into Cyberjaya?

the last were Panasonic, Hp campus
any other big MNC coming in or catalyst that spur cyber population?

more "good sentiment" injected to the public by the main stream media elevating the BBB mode to the next level..
28,000 units by 3 years time is abit conservative IMHO.. they forgot to factor in the thousand more supplies from Putrajaya, SK, Puchong South, Sierra 16, LBS Saujana Putra. LBS just launch their own version of Skypark approximate 700 units, and also IOI's La Thea Condo in Sierra 16..

look at those left over commercial land, likely will turn into residential like skypark, pangeae, Hyve, shaftburry, domain, d'pulse, the place etc etc...
commercial land isnt really for commercial only... more Service Apartment, Soho, Studio on the way, together with the residential development on residential land...

so Cyberjaya running out of land for residential? err... commercial land also building residential units.. so plenty of land..

This post has been edited by twincharger07: Apr 2 2013, 10:00 PM

who knows will be another "OUG parklane" in the making... few thousand units of service apartment on commercial land...

nowadays when developer acquire a huge commercial land, most of the time there will be highrise residential.. seldom see they only build rows of shoplots like Glomac Cyberjaya... lately every developer who has a commercial land in Cyber definitely build mix development. Development like Pangeae, hyve, cybersquare have more residential than commercial entity.. those left over commercial land around cyber, IMHO likely will be the same, SA, SoXo, studio.. BBB..

the question is who will occupy them and how long... 5 years down the road, cyber not only competing among themselves but with other newly vp residential around KV within establish township, infra like MRT LRT and CBD wont shift to south overnight...

80,000 affordable housing which mostly outside Cyberjaya..

There are plenty new township with affordable housing awaiting to be occupied, Rawang, Shah Alam, Kajang, Semenyih, Bangi, Seri Kembangan, southern cheras, balakong, Southern part of Puchong etc.. upcoming commercial vibrant area like Puchong (setia walk, lake side), bukit jalil (WCT, One Jalil City), USJ (One City), IOI Resort, Damasara (Empire City, Empire Damansara, Tropicana Gardens), Setia Eco City, Tropicana Metro Park..

Cyberjaya need to do magic to attract KV population with growth rate of 1.7% perannum...

longest thread bcos new version was not created..

usual practice is to create new version once hit 125pages... check out those V10 topics

maybe beyond... the rate of supply growing in other part of KV are pretty rapid as well both pocket development and new township. Pocket development offer small unit within urban area competing with cyber's pigeon hole, and new township landed props competing with cyber's bigger units..

and the thing is, after 5 years, cyberjaya prop wont be cheap as the current asking price already on par or higher with other props in KV..

few corridors with rapid pocket development lately
1) along old klang road, kuchai lama, oug, happy garden, all the way till puchong
2) Bukit jalil, kinrara, puchong stretch
3) Cheras selatan, bandar tun hussein onn, balakong stretch
4) Along Grand Saga highway from Cheras down to kajang (including Sg long, BMC)
etc..

This post has been edited by twincharger07: Apr 2 2013, 11:02 PM

yes.. I think I did mention somewhere.. landed HER with good concept and facilities is different league.. these are niche products in Cyber, by ratio, they only a smaller portion of the total 28,000 units

"never go wrong" i cant say... not all HER are well sought after, this is more on the X-factor to attract niche market.. at the moment, i give SEG a thumbs up...

This post has been edited by twincharger07: Apr 2 2013, 11:09 PM

20% rich in KV... let say

10% Damansara PJ MK DPC Valencia
5% Bangsar KLCC KL area
5% scatter around HER in KV.. (Jade Hills, Country Heights, Eco Park, Gita Bayu, and other hidden dragons in Cheras, Kajang, Shah Alam, Puchong, Serdang)

6% Cyber way too ambitious.. less than 1% I believe...
estimated 3000 HER landed in Cyber.. 5 person to 1 units (abit optimistic assumption), thats about 15,000 ppl (15,000 / 10Mil = 0.15%) ... dont test my maths la.. my daily job 99% of the time doing charts and counting statistics

This post has been edited by twincharger07: Apr 2 2013, 11:28 PM

this one have to ask xyyap kor... i am just calculating based on his assumption... he say 20% rich

national average not exceeding 5k..
KV household income in jan 2012 is 6k http://biz.thestar.com.my/news/story.asp?f...siness/10228919
15k in KV very uncommon.. even having 15k permonth, how many household from these group live in HER?

This post has been edited by twincharger07: Apr 2 2013, 11:52 PM