i just got back from cyber. I was shocked to see people parked outside of lim kok wing kau2 at illegal parking space. making me regret didnt buy " the place". huhu

Went to drive around Cyberjaya last weekend after all the hype about developments going on there. Initially, I wasn't quite convinced that it will be anything big (at least not soon) but looking further ahead and after checking out all the projects there, I've changed my thoughts.

Here's my thoughts (critics and comments welcomed!) :

I feel there is a potential for it to be something 'big' - question is whether it will be 3 years, 5 years or 10 years, but personally it's a matter of time. Here's why I've said that. The fundamentals are there. The government has a big commitment to develop Cyberjaya due to their 'promise' to many MNCs already there, so they cannot afford this to fail. Many large developers (SP Setia, Mah Sing, OSK etc) are already present there so there must be strong fundamentals going forward. It will be a matter of time before the demand here picks up and prices soar. Time is the only variable but I think it will be within the next 10 years.

So I think it all boils down one thing - do I have the holding power if I invest in a property here? This is where I find Cyberjaya unqiue. Unlike earlier successful development townships (Kota Kemuning, Desa Park City, Setia Alam etc etc) where rental demand initially is very poor (you buy and expect little or no rental initially), Cyberjaya ALREADY has good demand for rental market (especially students and employees in Cyberjaya). However, this applies only to selected types of properties like apartments. This is the key point to me - if I buy say an apartment now, I can quite easily rent it out, and provided the rental justifies the purchase price, this property will be 'self-sustainable'. I just have to wait till the right time (ie 3 years, 5 years, 10 years??) and dispose it later.

So, in summary, if you are confident that Cyberjaya will eventually become BIG and there is NOW good market rental that gives a self-sustaining investment, then it seems like a green light for me.

Time to check out some projects 

I personally think this oversupply concern is a chicken and egg situation... there are actually quite a lot of people working in Cyberjaya but most live outside Cyberjaya (ie day population >> night population). Most people tends to live near their workplace but we all know why most employees in Cyberjaya don't - mainly because there is not enough 'lifestyle' (shopping malls, restaurants, cafes, entertainment outlets etc).

There is currently about only 10,000 people living in Cyberjaya with 3200 residential units (that's average of 3 person per unit). That definately sounds to me as shortage of residential properties in Cyberjaya, for NOW.

By 2016, there will be 14,000 residentail units available. The current daytime population is about 54,000 people and is expect to grow to 100,000 by 2016 when more companies and new tertiary institutions opened in Cyberjaya (already in the pipeline).

Simple mathematics tells me that even only 20% of the 100,000 people by 2016 choose to live in Cyberjaya, there will still be a resident population of 20,000. Divide that by the 14,000 residential units available by 2016 gives you 1.4 person per unit. Remember 20% is very conversative as we would expect a higher percentage of daytime population to choose to live in Cyberjaya by 2016 when the 'lifestyle' is made available then.

I did not simply come out with the numbers above - picked it from the following sources (unless the numbers in the sources are not correct la)

http://www.mmail.com.my/story/cyberjaya-quiet-no-more
http://en.wikipedia.org/wiki/Cyberjaya

So will there be an oversupply? Answer is yes and no depending on how confident you are with Cyberjaya having it's own 'lifestyle' by 2016. If you drive around and look at the type of projects going on there, you'll know the answer. One thing is for sure, there ARE a lot of people already working in Cyberjaya - just a question of whether they will choose to live there.

By the way, I'm not attached to any organisation, and not promoting Cyberjaya. I also started being very doubtful about Cyberjaya but the facts are interesting - I'm just a normal joe who is keen with property investments and love crunching numbers to look at the facts. At the end of the day, numbers are only guidelines 

Puchong is the best. especially around my house area. wanna buy? $$$$ kekeke

xyyap , if you don't want your SEG kuih and betting your luck with the next batch from the oven, you can pass on to me ..the more the merrier.

I believe Cyberjaya will have an upbeat time ahead. As for those harping for the need of LRT on this area to be "wong", not every place needed LRT to grow, esp for those higher end area. Imagine sticking an LRT station in the middle of the Tropicana or setia eco park, or desa park city. These areas can grow with the affluent without the need of LRT.

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  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 

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.

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?

This is my personal view only yeah...no offence...

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

life is short leh... after 5 yrs den wait wait for another 5 yrs... cyberjaya going to be 20 years liao

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?  .. waiting time could be doubled from "5 to 8" years to "10 to 16" years?? 

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..

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Added on September 6, 2012, 9:35 pm

cyber not so ONG place but selling at ONG price... 

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..

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Added on September 6, 2012, 9:35 pm

cyber not so ONG place but selling at ONG price... 

If it is really like Sri Damansara selling at PJ price, then those who bought there is really bid bumbo. 

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!

U all cyberjaya haters made me kecik hati. kekeke

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.

got free talk by Ho Chin Soon at Symphony Hills On sep 8 or 9. 10-5pm.

Friday September 7, 2012
Various developers in Cyberjaya come together in property showcase

http://thestar.com.my/metro/story.asp?file...91&sec=metrobiz

SEVEN major property developers in Cyberjaya will be joining forces for the Cyberjaya Premier Property Showcase that will be held on Sept 22 and 23 at Cyberview Resort and Spa, Cyberjaya.

The seven that will be collaborating for the showcase are Setia Haruman Sdn Bhd, Cyberview Sdn Bhd, Glomac, MCT Consortium, Mah Sing, UEM Land and Emkay Group.

Cyberview Sdn Bhd is the landowner and Cybercity manager for Cyberjaya, while Setia Haruman is the master developer of the city. Both companies are the main stakeholders of Cyberjaya.

Setia Haruman chief operating officer Lao Chok Keang said the event will showcase the diverse range of developments in Cyberjaya to potential residents and investors.

“There will be properties such as high-end residential units, apartments, commercial projects and office suites.

“Cyberjaya started off with office developments some 15 years ago. There has since been a residential boom, and with that came a demand for commercial properties,” he said.

Cyberview managing director Hafidz Hashim said the diverse mix of properties, many of which are integrated development, are good testimonies that live up to Cyberjaya’s tagline as a place to “live, study, work and play”.

“One strong point in Cyberjaya is that all the properties have freehold status,” he said.

“Some of the amenities available in this township are the community clubhouse, Cyberjaya Lake, bus terminal, park and ride facilities, and more than 160 F&B outlets.

“There is also a dedicated transport service to shuttle people to and from this township. Because many multinational corporations set up their global centres here, the service runs on a 24-hour schedule with close to 50 buses transporting people from as far as Klang, Seremban and Kepong to Cyberjaya.”

Hafidz attributed the township’s low crime rate to its high safety and security features, such as a 24-hour monitoring via a CCTV system that is linked to the Cyberjaya Police Station.

“Almost all strategic areas are covered by CCTVs. The township’s linkage to a ready fibre optic network backbone also allows for secured transmission of data,” he said.

Lao said in terms of location, Cyberjaya is the best as it is located between Putrajaya and KLIA on one end, and Petaling Jaya and Kuala Lumpur on the other.

“Cyberjaya is presently linked by five highways — LDP, Elite, MEX, SKVE and NSE, with future highways being planned. It is also linked by rail, via the ERL service,” he said.

Hafidz said Cyberjaya has a daytime population of 53,000 who work at the numerous companies in the township, which includes 35 MNCs and 200 SMEs, or study at any one of the five universities and private colleges there.

“There is also the ELC International School located within the vicinity. The upcoming Centrus Mall and d’Pulze projects in the CBD Perdana areas will inject some retail, entertainment and leisure elements into Cyberjaya,” he said.

The Cyberjaya Premier Property Showcase will feature property talks on investing in Cyberjaya by mapmaker and research consultant Ho Chin Soon and representatives from the various participating property developers, as well as a home security presentation by a safety consultant.

There will also be guided bus tours around the township, Q&A contests, games and balloon sculptures for children.

Depending on the property developer, Lao said the incentives for buyers include rebates, developer interest bearing scheme, and financial or furnishing package.

“The bus tour will allow visitors to see what Cyberjaya has to offer and evaluate its potential.

“The show units for all featured properties will be open. The Ssho and apartment units would suit the young talent pool working in the Cyberjaya and Putrajaya vicinity, while the superlink, semi-detached and bungalow houses are ideal for those looking for nice, high-end residences,” he said.

For details, visit http://icyberjaya.com

cyberia condo reach 300k mark... now  starting from 240k in June 2011, , cheapest post now is 280k... keep rising , man. rise like no tomorrow, CBJ rock

subsale price for condo size unit in cyberia smarthomes and crescent 1 and 2 is still much cheaper than new studio launching with smaller size(still can get less than rm300 per sqf - rm350 per sqf), establish and proven renting place as well, im investing in cyberia condo since 6,7 years back....rental is so strong here... ...absolutley no problem finding tenant if u price and furnish ur unit competitively.......my 3 room condo renovate to 5 room and can fetch to max 2.1k per month... i suggest better u guys invest in condo size unit than those studio...at least if the rental rate per unit is cheap and can't cover your cost, you can still customize it and rent out by room fetching higher return... 

btw xyyap congrats on ur eco glades! damn jelly men u are among the 1st of many to come staying in an elite resident around here soon....our Maybank CEO Datuk Wahid oso bought unit at Symphony Hill behind crescent....