If the monthly payment is more than 60% of your salary, would you still proceed?

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Added on October 20, 2012, 11:11 amWent there previously, even unattend shoplot can be spotted!


This post has been edited by one2ka4: Oct 20 2012, 11:11 AM

If more than 60%, then a big "No" for me! But many rich dad rich son here! I have also many friends bought cyber for investmend!

Let's see how it looks like after few years upon completion!

Bought for own stay..need to get away from traffics..hopefully comes with good environment to raise family.. 😚

yeah, that was bandar puteri puchong too last time. I myself couldnt believe that bandar puteri could be like what it is now.

Agree!

Ppl used to complain "toll" la, this la that la about Puchong and reluctant to buy there. But who knows that it is quite laku now!

10 years ago, Cyberjaya has been labelled as ghost town by critics due to underdevelopment. If such underdevelopment continues till now and we see only some pockets of development selling at such price, then these pocket development is indeed overpriced.
However, the fact that significant number of big developers are going into Cyberjaya at the same time now speaks volume that Cyberjaya is undergoing active transformation phase, just like what happen to PJ, Subang, Puchong, Cheras, Kajang and Shah Alam in previous years. Thus, the current price is considered high if it is for normal conventional design or traditional residency concept, but reasonable if it is modern and futuristic. I am quite surprised in fact by the architecture concept introduced by OSKP, MCT, UEML and SP Setia.

Where else can you find a well planned township that is well connected and close to KLCC, Putrajaya, KLIA/LCCT and Klang at the same time? If one look at the map of cyberjaya, the current phase of residential development will account for about 30-40% of the residential landbank. The rest of the land bank will be at the south of Symphony hills where PRIMA and affordable housing will be planned in the future too. Cyberjaya represents is relatively strategically located and landscaped township with still reasonable entry cost.

Prices for new projects in PJ/Subang/Damansara area is already in the range of 800-1000 psf (uptown damansara is at 1200psf), puchong is going toward 600-700psf. And one have to admit the road system (internal and highway) there are maze network and always jam-packed. MRT or LRT will not solve the traffic issues since more people will move to those areas when the high rises completed. To iinvest i thes ematured areas, the entry price nowis too high unless you expect that they can go to 2000psf in the next 5-8 years, no?
Just imagine, the SemiD in Jenjarom is costing RM800k and above..

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Added on October 20, 2012, 4:27 pm10 years ago, Cyberjaya has been labelled as ghost town by critics due to underdevelopment. If such underdevelopment continues till now and we see only some pockets of development selling at such price, then these pocket development is indeed overpriced.
However, the fact that significant number of big developers are going into Cyberjaya at the same time now speaks volume that Cyberjaya is undergoing active transformation phase, just like what happen to PJ, Subang, Puchong, Cheras, Kajang and Shah Alam in previous years. Thus, the current price is considered high if it is for normal conventional design or traditional residency concept, but reasonable if it is modern and futuristic. I am quite surprised in fact by the architecture concept introduced by OSKP, MCT, UEML and SP Setia.

Where else can you find a well planned township that is well connected and close to KLCC, Putrajaya, KLIA/LCCT and Klang at the same time? If one look at the map of cyberjaya, the current phase of residential development will account for about 30-40% of the residential landbank. The rest of the land bank will be at the south of Symphony hills where PRIMA and affordable housing will be planned in the future too. Cyberjaya represents is relatively strategically located and landscaped township with still reasonable entry cost.

Prices for new projects in PJ/Subang/Damansara area is already in the range of 800-1000 psf (uptown damansara is at 1200psf), puchong is going toward 600-700psf. And one have to admit the road system (internal and highway) there are maze network and always jam-packed. MRT or LRT will not solve the traffic issues since more people will move to those areas when the high rises completed. To iinvest i thes ematured areas, the entry price nowis too high unless you expect that they can go to 2000psf in the next 5-8 years, no?
Just imagine, the SemiD in Jenjarom is costing RM800k and above..

This post has been edited by pangaeacyber: Oct 20 2012, 04:27 PM

The Project & People Analysis is very simple.

50k people will make 100% occupancy.

Yup, this does not include new launches. All of u, can put in new launches, calculate using excel is as easy as ABC.

Give project, number of units, price. I can compile & we will have latest list. Ok?


This post has been edited by xyyap: Oct 20 2012, 11:02 PM

Eco Glades is our cup coffee loh. What else?

U hope?

People who make it, plan & execute than hope. Be it easy or hard time, we have to make it through.


This post has been edited by xyyap: Oct 20 2012, 11:04 PM

If the monthly payment is more than 60% of your salary, would you still proceed?
>>> Confirm NO.

Me too. Family living environment is priceless.

Haha..we gonna be in the same neighbourhood fr 2015 onwards..

Wow, u got island unit har?

Shhh, let us know Monday lah, roughly on how u get it.

No la..i don't know how to swim..cannot stay in the island..by the lake only..

cyberjaya is definetyly a big no for me

reason :
halal policy, no street hawker allowed

cyberjaya is actually very big potential 1 but restricted by halal policy since there is a lot of university and big company.

1 ) no chinese restorent , no dim sum, no sao pao, no pak kuk teh, no yong tao fu, no street hawker, no pub, no cha siao .
2) without all these chinese food, those chinese worker in cyberjaya wont move to cyberjaya.
3) more company fload to cyberjaya will only boost puchong, serdang and SK area.

Unless halal policy removed , if not i dont see ong affect ( residence condo ) in cyberjaya.

cyberjaya only suit for rental ( unleast for now, future not sure - so many competitor )


mega mall also dont have potential to attact chinese move to cyberjaya, cause food in cyberjaya damn expensive, a normal mix nice will cost you RM 8 . just food will cost you atleast Rm 25 per day .
No cheap food court, you only can take expensive food.

No chinese move in, cyberjaya only target for foreign worker and student.

Cyberjaya is a big no for own stay.
For investment also kinda risky with overprice and so many competitor.

Somehow some of your points are valid especially on non-halal food - Chinese style kopitiam is needed. But I support the no street hawker policy.

Wooo..so bias man ur comment..nobody move to cbj yet..mostly still under con but u can tell how the future gonna be look like with the shops/malls..and where did u get the fact of cbj is halal city..wait few yers more..

no pasar malam, cyberjaya is being develop in abnormal way.

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Added on October 21, 2012, 10:18 amcyberjaya is almost 20 years, how many year more you expect non-halal in future ?

This post has been edited by ti.infinion: Oct 21 2012, 10:18 AM

Ok..get ur point..then puchong will be the best option..everyday got pasar mlm/pagi..and street food everywhere..till u cant drive thru or park..and i was the pioneer batch moved to mmu in 99..so cbj still new..consdering when i left ard 2002 nothing much in that area..

This post has been edited by dRwh0: Oct 21 2012, 10:25 AM

why the "halal" thing appear again...
Cyberjaya got shop selling pork n beer.. just that ppl dunno where they are.. and they are LEGAL...