Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
78 Pages « < 2 3 4 5 6 > » Bottom

Outline · [ Standard ] · Linear+

 Why U buy Cyberjaya?

views
     
TSxyyap
post Sep 22 2012, 10:48 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(dRwh0 @ Sep 22 2012, 03:37 PM)
I've been to ocbc..they don't provide svc for mirage..still waiting for cimb and hlb..or else get a subsale link hse in kim crest/bdr putri..
*
Eco Glades & Mirage by the Lake is my top pick. Like!

TSxyyap
post Sep 22 2012, 10:54 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(yeeck @ Sep 22 2012, 03:39 PM)
Well planned? You've got to be kidding! Each location is an island by itself. For Chinese, no pork...lol, have to go all the way to Dengkil or nearby towns for our pork fix.  biggrin.gif
*
Cyberjaya is well planned.

Eco Glades product yet to see. We believe & we bought.

Never mind if u don't like, nowadays many people hate iPhone 5 too.

U can go buy Puchong @ Dengkil. Better buy from Puchong upgraders who are planning to move into Cyberjaya.

Own time own target. Different people different taste. Lol.


This post has been edited by xyyap: Sep 22 2012, 11:15 PM
TSxyyap
post Sep 22 2012, 10:55 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(kh8668 @ Sep 22 2012, 04:44 PM)
The future outlook for cyberjaya is good. Good environment (not industrial factory are allowed in cyberjaya), serene, quality of living is there if not now, then will be very soon. Few big malls are under planning there. No low cost houses there too. All the houses there are new with good design. wink.gif
*
If government plan to build 1 Malaysia home at Cyberjaya. Lagi best!

TSxyyap
post Sep 22 2012, 11:05 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(1282009 @ Sep 22 2012, 02:37 PM)
Anyone went?
*
Brother, our house is at SD 10, u bought Damansara Foresta?

We buy landed than condo. After few months of finding, we bought Eco Glades.

TSxyyap
post Sep 23 2012, 10:42 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(kh8668 @ Sep 22 2012, 11:42 PM)
yeh. that will cost 400k for 800sf. cheap eh tongue.gif
*
Malaysia government building Singapore HDB.

They want to be the banker like Singapore government.

How to be cheap? Singapore HDB is never cheap.

TSxyyap
post Sep 23 2012, 10:44 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(1282009 @ Sep 22 2012, 11:45 PM)
Sorry bro, don't quite understand your reply with relation to my question  rclxub.gif
*
Not related. Just wonder. Saw u active in Damansara Foresta thread.

TSxyyap
post Sep 23 2012, 10:49 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(kh8668 @ Sep 22 2012, 11:52 PM)
The Star Online > Nation
Published: Saturday September 22, 2012 MYT 11:19:00 AM
Updated: Saturday September 22, 2012 MYT 11:34:53 AM

DPM: Affordable housing a govt priority

CHINA: The Malaysian government will focus on helping make available more affordable public and private houses costing RM300,000 and below, in view of current house prices being beyond the reach of the middle-income population said Deputy Prime Minister Tan Sri Muhyiddin Yassin.

He said the government had realised the problem some years back and was drawing up strategies to handle the situation in line with its "people first" concept.

"House prices are way too high. An individual starting work as a government employee is unable to buy an affordable house," he told Malaysian journalists covering his working visit to China.

Muhyiddin said helping people own affordable houses would be an important agenda of the government.

He said the focus would be on making available houses which cost RM300,000 and below after a study was made on the income of the people and the selling prices of houses. - Bernama
--------------------------------------------------------------------------------
© 1995-2012 Star Publications (Malaysia) Bhd (Co No 10894-D)
*
"House prices are way too high."
>>> RM 300k for 1 Malaysia home is way way way too high. Proton car price is way way way too high too.


This post has been edited by xyyap: Sep 23 2012, 11:36 PM
TSxyyap
post Sep 23 2012, 10:51 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(fkfk @ Sep 22 2012, 11:58 PM)
Today I went there thumbup.gif


Added on September 23, 2012, 12:02 am
Agreed! Very well plan city.1st time been there during March..finally bought a unit at symphony hills thumbup.gif
*
Welcome to live in Cyberjaya!

TSxyyap
post Sep 23 2012, 10:53 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(twincharger07 @ Sep 23 2012, 12:04 AM)
TeoChew shop dont think its recent... before that there is another shop already selling chuyuk...
*
Brother, thanks for sharing. Big Thanks. Share more yah.

TSxyyap
post Sep 23 2012, 10:54 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(fkfk @ Sep 23 2012, 12:08 AM)
Most top developers are there..u think they r " ?????"
*
It is good to hear why people don't buy Cyberjaya too.

Please don't drive them away.

TSxyyap
post Sep 23 2012, 11:00 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(max_cavalera @ Sep 23 2012, 03:44 AM)
whoah...u bought symphony hill, thats an elite neighbourhood in CJ.... if im not mistaken u gonna be neighbour with wahid, ceo of maybank soon..lol  notworthy.gif


Added on September 23, 2012, 3:47 am
wow...so expensive...my unit blr-2.1% oso still exp  sad.gif
*
A good product is like a magnet, it will slowly attracts people.

TSxyyap
post Sep 23 2012, 11:03 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(worgen @ Sep 23 2012, 10:19 AM)
Cyberjaya will be over supply in next 2 years whn all the projects launched in 2010/2011 completed. Is it doable to invest here? Expecting stiff competition coming soon.
*
I don't see High End Residences landed house has this issue.

For condo may or may not, who knows investor like me end up moving in?

TSxyyap
post Sep 23 2012, 11:08 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(tingc @ Sep 23 2012, 10:45 AM)
Understand your concern on oversupply, Worgen. Would you mind sharing why you think there will be an oversupply issue? Perhaps there are something that you know which we all don't know.

Don't get me wrong, I'm not doubting your statement but I just feel amazed at how people simply use the word 'oversupply' of properties in certain development area, without sharing the facts and figures.

My understanding is, ther current daytime population in Cyberjaya is 54,000 with only 10,000 residents chose to live there (ie night time population). There are about 3200 residential units in Cyberjaya NOW which works out to be an average of 3 person occupying one unit. So thw facts and figures show that there is currently shortage of residential properties in Cyberjaya.

By 2016, the daytime population in Cyberjaya is expected to increase to 100,000 due to the increase in number of MNCs, SMEs and educational institutions. Let's assume 20% of the 100,000 daytime population decides to live in Cyberjaya (that is already very conservative and actual percentage will depends on how Cyberjaya developed into a lifestyle township by 2016) - that will mean there is a projected 20,000 residents (ie night time population in Cyberjaya).

By 2016, with all the projects currently in the pipeline being completed, there will be a total of 14,000 residential units. So we are looking at 20,000 residents to 14,000 residential units by 2016 which works out to an average of 1.4 people per unit. I don't know about you but this doesn't sound like an oversupply to me. Remember there will also be a preference on certain types of residential properties eg apartments, bungalows, terrace house etc, so there may also be a concentration of preference towards certain quarters of property type, which will add on to the shortage.

Unless we have another 10-15 projects being launched over the next 1-2 years, based on the facts and figures above, oversupply doesn't seem to be an issue now. On the contrary, a shortage of supply MAY be possible if you digest the numbers above.

Of course, the economics of property market is not purely science as it also depends on a lot of other factors but I am just sharing the facts and figures to help investors out there to make a sound decision. Being an investor myself, I'm happy to exchange sharing as I am also learning stuff everyday smile.gif
*
Good sharing. Saw u share such view at many threads.

Many people don't buy Cyberjaya because they say, only a minimal percentage of people working at Cyberjaya, choose to stay at Cyberjaya.

We see the reverse. This is 1 reason why we buy.

TSxyyap
post Sep 23 2012, 11:24 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(twincharger07 @ Sep 23 2012, 01:58 PM)
I did reply someone with the same thought as yours:
http://forum.lowyat.net/topic/2486682/+100

"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"

This pretty much reminds me the situation in China... there are plenty of demand for houses there, with the amount of population, houses are not enough... by using your "house to population ratio", China should be shortage of houses, but why are there still plenty of empty units?

Plenty of ghost cities with empty highrise apartments, but on ground level, citizens are still squeezing 5 families renting in 1 house.. The product (more specifically "price tag") did not meet its demand...

my 2c.. cheers..
*
In fact, I like Damansara the most.

Our house at Sri Damansara costs RM 800k, even an old house at Kepong costs RM 600k. It is hard to simply tie the working population to house price. If u ask how many working & staying at Kepong, how can the house there be affortable? It is like DesaPark City 15 years ago. Today, Kepong address has DesaPark City, Sunway SPK, & tonnes of condo development.

If Eco Glades building at Damansara, it will cost me > RM 2 M which is double.

Don't forget Malaysia government is building 1 Malaysia home, it will costs > RM 300k and it is never cheap. If even the government is building and selling expensive, what can the developer do loh?

TSxyyap
post Sep 23 2012, 11:41 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(twincharger07 @ Sep 23 2012, 11:32 PM)
Interesting point, not forgetting working population with higher position especially in the finance and industrial sectors are much much more in KL and PJ... Cyberjaya workforce are relatively young.. come and visit during lunch time..

my 2c...
*
I told already. It is hard to simply tie the working population to house price. Resident may not be the working population there.

Yes, I believe Cyberjaya will slowly attracts people like magnet, not limited to only those working there.

Brother, I like your comments.


This post has been edited by xyyap: Sep 23 2012, 11:43 PM
TSxyyap
post Sep 24 2012, 02:39 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(The Jedi @ Sep 24 2012, 07:16 AM)
cyber for ownstay is ok lah.

for investment,  i think susah sikit as nearly 80%-90% buyers are flippers for the highrise. not easy to rent with +ve cashflow and flip upon VP due to high prices and high volume.

my worthless 2 cents
*
Malaysia can never play rental yield.

Malaysia interest rate is too high.

Whether people buy for investment or own stay, it is yet to see, Summer Glades & Garden Residence will be a good reference.

TSxyyap
post Sep 24 2012, 02:42 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(twins9 @ Sep 24 2012, 07:51 AM)
Is Garden REsidence part of Cyberjaya?
*
HER @ Cyberjaya:

* Perdana Lake East
* Perdana Lake West
* Eco Glades
* Summer Glades
* Symphony Hills
* Garden Residence
* Mirage by the Lake

Else, tonnes of condo development @ Cyberjaya center.

TSxyyap
post Sep 24 2012, 03:50 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(The Jedi @ Sep 24 2012, 03:04 PM)
izzit? Malaysia so cham huh?  doh.gif

how come many taikors still enjoy high rental yield especially investments outside ciber?  brows.gif
*
This is what I think:

1. If u have S$ 200k, put it in Malaysia FD, u get annual interest of S$ 6k.

2. If u buy S$ 200k property with cash, high rental yield 6%, u get annual rental of S$ 12k.
>>> Believe everyone will agree 6% nett is high enough.

3. If u leverage 4 times of S$ 200k, u buy S$ 800k property with cash & loan, high rental yield 6%, u get annual rental of S$ 48k; average interest charge 4.5%, annual interest charge S$ 27k; u get annual income of S$ 21k.
>>> Believe everyone will agree this is very high risk. I see this is very tough to implement in Malaysia, unless u have a "way", everyone shall understand what I mean.

To us is simple:

We leverage 4 times of S$ 200k, buy S$ 800k property with cash & loan, average rental yield 4.5%, annual rental of S$ 36k; average interest charge 1.5%, annual interest charge S$ 9k; annual income of S$ 27k.

Making it happen. For details, see my future thread...

TSxyyap
post Sep 25 2012, 01:37 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(oreomambo @ Sep 24 2012, 04:27 PM)
"annual interest charge 1.5%" ? Are you referring to Singapore mortgage interest rate which is much lower than msia? I believe you are referring to mortgage within SG, and not cross border on SEG. Interest rate here in Msia still on the high side as compared to SG.
*
Sorry, forget to mention Singapore.

Singapore is always a better & safer place to play rental.

Not to forget, Singapore condo has far higher room to appreciate than Malaysia.

TSxyyap
post Sep 25 2012, 01:38 PM

Look at all my stars!!
*******
Senior Member
5,219 posts

Joined: Apr 2012
QUOTE(oreomambo @ Sep 24 2012, 05:42 PM)
To be frank, if there is one LRT station here, it would take you very long time to reach to your destination (esp in KL) which would create lots of stops in between. Better take the ERL. KL Sentral----Bandar Tasik Selatan---Putrajaya  . Much higher speed.
The next nearest would probably be in Putra Heights by the time it completes. You can count the number of stations it would have to stop and the journey duration.
*
Drive! MEX!


78 Pages « < 2 3 4 5 6 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0884sec    0.44    7 queries    GZIP Disabled
Time is now: 26th November 2025 - 01:32 PM