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 Why U buy Cyberjaya?

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twincharger07
post Mar 17 2013, 04:46 PM

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QUOTE(xyyap @ Mar 17 2013, 04:26 PM)
Quite depends.

I know many couple earning average about RM 20k, yet they still renting a house. Not because they cannot afford, but because they do not believe the price increase.

If it is just couple, simple eat out make sense. Once u have kids, different story. We experienced this. Staying near to the working place or fluent highway traffic, definitely save u a lot of good family time.

U from IT too? & Yes nowadays people with > 10 years experience, many drawing > RM 10k per month. When convert this into S$ 4k or US$ 3.3k, it is still cheap to MNC.

I wish to see more local family moving to Cyberjaya. Welcome to live @ Cyberjaya!
*
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
Soros007
post Mar 17 2013, 06:16 PM

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landed with good concept is always a better bet especially KLIA workers, senior managers from MNC like Shell are buyung SEG n SH for own stay. soho / studio - unless the buyer self occupied else its gonna be competitive once VP. no right or wrong as long everyone knows his risk n edwards.





QUOTE(twincharger07 @ Mar 17 2013, 04:46 PM)
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
*
twincharger07
post Mar 17 2013, 06:19 PM

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QUOTE(Soros007 @ Mar 17 2013, 06:16 PM)
landed with good concept is always a better bet especially KLIA workers, senior managers from MNC like Shell are buyung SEG n SH for own stay. soho / studio - unless the buyer self occupied else its gonna be competitive once VP. no right or wrong as long everyone knows his risk n edwards.
*
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...
noblebaby
post Mar 17 2013, 09:52 PM

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Good coverage of Cyberjaya by property.com

Cyberjaya by iproperty Malaysia
Ah jib
post Mar 17 2013, 10:11 PM

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QUOTE(AMINT @ Mar 14 2013, 06:50 PM)
Bro cyberjaya is no halal place. Checked by taikors  many times already
*
Good to heard that cyber is none halal place, soon will be more Chinese food ,disco , massage centre....a key point for a success city smile.gif

Two of my friends just sold their setia Eco park banglo for 3mil/3.6mil and bought Setia Eco Glade cyberjaya !
edwinliong
post Mar 17 2013, 10:40 PM

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QUOTE(noblebaby @ Mar 17 2013, 10:52 PM)
Good coverage of Cyberjaya by property.com

Cyberjaya by iproperty Malaysia
*
indeed, this did give a preview where cyberjaya going to be few years later. For anyone going to invest or invested in cyber, should take a look on this issue.

This post has been edited by edwinliong: Mar 17 2013, 10:40 PM
TSxyyap
post Mar 17 2013, 10:47 PM

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QUOTE(twincharger07 @ Mar 17 2013, 04:46 PM)
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
*
Yes, I know about the highrise supply, & I also puzzled since almost all are BBB...

One thing I see about highrise @ Cyberjaya, recent launch is priced about same like 2 years ago, see The HYVE as one of the best example.

I worked > 10 years with IT MNC. Frankly, I don't think they are paying good even in Singapore. More than enough, no longer working for so call MNC.

RM 5k is not a lot. I also agree with your calculation. But a normal graduate in Singapore is drawing S$3 k, many up to > 15 months package, company easily paying S$ 60k per year.

I worked with vendor from SEA too, honestly they are not cheap too.

Malaysia has many advantage, it is just how our government innovate the country to become like Singapore. There are so many solid Malaysian working in oversea.

Conclusion? We need a strong government. Else? By 2020 if people earning RM 10k "high income", HERs will be selling for > RM 2 M.


This post has been edited by xyyap: Mar 17 2013, 10:56 PM
TSxyyap
post Mar 17 2013, 10:51 PM

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QUOTE(Ah jib @ Mar 17 2013, 10:11 PM)
Good to heard that cyber is none halal place, soon will be more Chinese food ,disco , massage centre....a key point for a success city  smile.gif

Two of my friends just sold their setia Eco park banglo for 3mil/3.6mil and bought Setia Eco Glade cyberjaya !
*
Ah Jib kor, build us a Chinese school leh.

This is Malaysia trend, many matured area price is capped when getting old, funny trend.

Maybe some days all of us will move to Seremban, Iskandar, etc. Who knows? Haha.


This post has been edited by xyyap: Mar 17 2013, 10:58 PM
1282009
post Mar 17 2013, 11:00 PM

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QUOTE(twincharger07 @ Mar 17 2013, 03:09 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

notworthy.gif
*
Long scary list indeed .. rclxub.gif


twincharger07
post Mar 17 2013, 11:07 PM

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QUOTE(1282009 @ Mar 17 2013, 11:00 PM)
Long scary list indeed ..  rclxub.gif
*
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.. hmm.gif
dRwh0
post Mar 17 2013, 11:18 PM

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New launched cybersquare wasnt in the list
noblebaby
post Mar 17 2013, 11:20 PM

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Investors of cyber must read. Click on d link.

QUOTE(noblebaby @ Mar 17 2013, 09:52 PM)
Good coverage of Cyberjaya by property.com

Cyberjaya by iproperty Malaysia
*
propertybbb
post Mar 18 2013, 12:34 AM

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QUOTE(twincharger07 @ Mar 18 2013, 12:07 AM)
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..  hmm.gif
*
No need to compile le taikor....it is available at
http://www.propcafe.net/cyberjaya-love-it-or-hate-it/

Wowwww......
twincharger07
post Mar 18 2013, 12:51 AM

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QUOTE(propertybbb @ Mar 18 2013, 12:34 AM)
No need to compile le taikor....it is available at
http://www.propcafe.net/cyberjaya-love-it-or-hate-it/

Wowwww......
*
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

user posted image

user posted image

This post has been edited by twincharger07: Mar 18 2013, 01:10 AM
noblebaby
post Mar 18 2013, 01:05 AM

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Is the blogger in this forum???

QUOTE(propertybbb @ Mar 18 2013, 12:34 AM)
No need to compile le taikor....it is available at
http://www.propcafe.net/cyberjaya-love-it-or-hate-it/

Wowwww......
*
SUStikaram
post Mar 18 2013, 08:06 AM

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QUOTE(xyyap @ Mar 17 2013, 11:47 PM)
Yes, I know about the highrise supply, & I also puzzled since almost all are BBB...

One thing I see about highrise @ Cyberjaya, recent launch is priced about same like 2 years ago, see The HYVE as one of the best example.

I worked > 10 years with IT MNC. Frankly, I don't think they are paying good even in Singapore. More than enough, no longer working for so call MNC.

RM 5k is not a lot. I also agree with your calculation. But a normal graduate in Singapore is drawing S$3 k, many up to > 15 months package, company easily paying S$ 60k per year.

I worked with vendor from SEA too, honestly they are not cheap too.

Malaysia has many advantage, it is just how our government innovate the country to become like Singapore. There are so many solid Malaysian working in oversea.

Conclusion? We need a strong government. Else? By 2020 if people earning RM 10k "high income", HERs will be selling for > RM 2 M.
*
so . I conclude you have changed your Bullish to Bearish on the high density one?

if yes. what make you suddenly changed that? just merely less than 3 months.

This post has been edited by tikaram: Mar 18 2013, 08:07 AM
dRwh0
post Mar 18 2013, 08:18 AM

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Its ok to invest but need to hold for quite number of years..if expect for quick return..cbj will be a doom city for few instead of boom city..
mybenz
post Mar 18 2013, 10:15 AM

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QUOTE(noblebaby @ Mar 18 2013, 01:05 AM)
Is the blogger in this forum???
*
wow this is a must read for Cyber fansi!
sibeh comprehensive notworthy.gif
what a compilation

according to the blog

QUOTE
quoted propcafe.net

Population

Total population is about 52,000 (18k –Student; 34k Knowledge Workers) and it is estimated that night population is only about 15,000.


seems like a bit low to support to current project in the pipeline looking at the list

QUOTE

Quoted propcafe.net

Highrise Property Development

Cyberjaya’s developers are at a crazy pace in term of launching highrise development. The developer can’t wait to launch their project to capture the current BBB sentiment especially the pigeon hole size development. So, the investors need to aware on the supply issues in this segment as many still do not pay attention on the expected supplies in next 3 to 5 years.
user posted image

and from the blog also seems like quite a lot commercial project is going on too...

population like this how to support the commercial? hmm.gif

credit to propcafe

http://www.propcafe.net/cyberjaya-love-it-or-hate-it/

highrise seems like very risky now.. sweat.gif

This post has been edited by mybenz: Mar 18 2013, 10:16 AM
noblebaby
post Mar 18 2013, 10:46 AM

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The commercial must build faster than residential
propertybbb
post Mar 18 2013, 11:06 AM

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Noblebaby kor....chicken n egg story le

This post has been edited by propertybbb: Mar 18 2013, 11:06 AM

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