QUOTE(xyyap @ Sep 14 2013, 05:13 AM)
As Cyberjaya lovers, I feel myself water fish, people still comparing Cyberjaya to puchong NOW 2013.
By the way...
1. KL city is not impressive at all comparing to Singapore. If dollar to dollar compare regardless of currency, KL is not cheap at all.
2. Iskandar price is already inflated, taking into consideration possible catalyst. The price of top HER @ iskandar, is almost double of Cyberjaya. The problem? Without a country open platform between Singapore & Malaysia, iskandar is not attractive at all.
3. Many Cyberjaya lovers are Gen X & Y who are doing quite well. Although many complain property here is expensive, but try to see the whole Greater KL, is not cheap at all. To foreigners, Cyberjaya is still lack of marketing, many Singaporean only know Mount Kiara & iskandar.
No point mentioning bandar kinrara price & queue. It is already a history. Queue few days to buy a property, only show the developer system sucks.
I'm vested in Iskandar and Singapore. Here are my views on Cyberjaya:
Cyberjaya is about the size of Nusajaya (Iskandar). The concept is more on office space rather than residential needs. The infrastructure is very good compared to Nusajaya and this is what makes working/living there expensive. Businesses there are more technology-based compared to Nusajaya which are more service-based/ low to mid end manufacturing. There should be a rental market in Cyberjaya but not in Iskandar at the moment. However Cyberjaya aims to stand on its own, while Iskandar depends on Singapore's spill-over effect.
Judging from the pace of Singapore development, its future plans and recent land bid prices, Iskandar is more of capital appreciation play, and the upside is tremendous. If I were to invest further, I'm more comfortable with KL rather than Cyberjaya.
This post has been edited by BTimes: Sep 14 2013, 07:29 AM