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 

September student intake .

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Added on September 4, 2012, 8:23 pm
Just 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?

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