When there's no jam, 15 mins drive (80-100 kph) from Cyber to IOI mall is achievable.

bullshit, i use to stay a BP, this is not possible...even no jam, not car maybe possible. haha

Agreed!

U can have your opinion. That was mine as I have tested it many times.

You lucky sob hehe. I hope to get the nusantara ones too. But not so lucky, nothing to swap with. Balinese kuih all finished.

The most important skill for investor is to leverage on other skill , money,time and people . and you leverage on other people and their time, the highest leverage skill of all other and the most difficult to master also you must be a boss (owner) of your company right?

LiuLi YouMei, the only cons is backing highway.

I hope so, still a working employee in Singapore, future wish to start own business in KL.

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

This post has been edited by AMINT: Sep 3 2012, 03:09 PM

Must put more "pondok polis" there

Pondok polis also I dont think will do any good. look at lorong haji taib. there is a pondok polis smacked in the middle of prostitution area but prostitutes finding customer right in front of pondok polis. kekekek. Anyway on blackie, I think malaysians have to face the fact that there will be a 4th majority race. haiii paiseh

People says nobody at night loh.

Although I don't like too crowded place, but it will still become sooner or later.

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

This post has been edited by redman33: Sep 4 2012, 01:48 PM

Nice write up. I have seen a lot of dev in Cyb in the recent year or two. But I am worried with the oversupply of service apartments, SOHO and the likes. I have seen even at 450sq there are 3 rooms! Like what some guys/girls (and also you) have said ... must be able to hold. I think in 3 years time, there might be tons of apartments to choose from for rental. Where the students/young adults choose is as good as anyone's guess. I would think the nearest to their college/work place. But even that is not that true. Neo/Vita/D'Pulze/S'bury/GP/Pangea/Place all coming "online" about the same time. Not sure if the buildings that comes "online" later i.e 4-5 years time, would be a better buy (skypark)? What you guys think?

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Added on September 4, 2012, 2:55 pmIf you are interested in Lake View Residency @ Cyber Heights, please let me know. I can run a preview for you. Thanks

This post has been edited by tingc: Sep 4 2012, 02:56 PM

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

I started with lots of doubts on cyberjaya but changed after I did some research. Bear in mind though, good holding power is needed here. cannot escape from that. But when a lot of developments are done, that place will be very nice. now got starbucks and burger king drive thru already. soon a lot more shopping malls will be ready. I will give it around 5 years onwards for cbj to be a little happening

Agreed wif u i am working in cyberjaya. My colleagues share the same view wif me that eventhough we are working at CJ, but we will not choose to live there, at least in the near future. Not saying CJ is not a good place to live with, but given the choice, we are still prefer to stay in a more convinient township like Seri Kembangan, Puchong, Kajang area.

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

September student intake .

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Added on September 4, 2012, 8:23 pmJust back from Cyberjaya. Went for a long ride just checking out areas and facilities and progress. Been doing this like at least 2 times a week for the last 6 months.

Most people (locals) that I know ( about 15 of them) who work in Cyberjaya are staying in the peripherals just like you mentioned.

May I ask what are your specific reasons?

This post has been edited by silverfish1: Sep 4 2012, 08:23 PM