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 Why U buy Cyberjaya?

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ducatidark
post Oct 2 2012, 03:26 PM

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Hi,

It seems everybody wants to buy a property to rent it later. But who is supposed to rent? Some commercial building are empty for a long time (Domain, Perdana, Embassy,...) , the number of students should not increase a lot and some existing condos are not fully rented (Domain I, II and III). And there are so many new developments.

If some new apartments are built just beside MMU and Limkokwing all the students will move there so this is indeed a good investment but that means the exisitng developments will become empty.

Same with the new projects of entertainment centers. There are so many new places... who is supposed to go there. If no new companies and new universities, how the population could grow?

Some housing are very cheap not too far from Cyberjaya. D'alpinia and Sierra 16 in Puchong are very big but D'alpinia is almost empty for 2 years, at least for the semi-D. And after that you see a lot of bank lelaong at the traffic lights with houses that cannot be rented and must be sold by banks.
ducatidark
post Oct 2 2012, 06:28 PM

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QUOTE(xphonerz @ Oct 2 2012, 05:49 PM)
u can see domain shop house empty until last year... u come and see now ... all new type of restaurant like mushroom there now ...
for student, i think they prefer cheap one(majority), if the new place with same price with much smaller room, i dont think they have any reason to move tongue.gif

take example domain VS cyberia, the ratio between the price vs  the unit size in cyberia is much more better ... and nearer for those who study in MMU..
IMO, D'alpinia and Sierra 16 are very expensive....
for student & expat who doesnt have any transportation, its very not convenient for them.
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I agree for the shops at the domain but the business is not so good. Everybody is expecting that the office building will be rented but it is almost empty for 2 years. Some shops aleardy changed tenant several times and I know some others are waiting for the end of contract to leave.

MMU will sponsor the appartments beside and guarantee a rental return to buyers with students.

You can easily find a semi-D 4 bedrooms for less than 2000 MYR in d'Alpinia. You can bargain a lot the initial price. A lot of students rent houses there. But some drug traffics happened with police controls.

I like Cyberjaya, it's a safe place, clean with no traffic jams but I'm afraid people and businesses will just jump from one place to another and in a few years you fill find a lot of deserted areas. The governement should do more to attract companies there and also give subsidies to universities or colleges to move in this area. That's the only conditions to make it succesfull. Perhaps attracting a serious university with real local students could give a better reputation to the city. When I say real I mean not like the Nigerians more than 30 years old and with a student pass from Lim Kok Wing or MMU which they use to stay in Malaysia to make their scams. How can you be student if you are 35 years old?
ducatidark
post Oct 5 2012, 11:44 AM

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QUOTE(xyyap @ Oct 5 2012, 10:45 AM)
This is part of globalization process, happened to many country & city.

Like many Singaporean, they do not welcome Chinese too.

Neither the Singaporean nor us can change this, we have no choice but to adapt.
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there is not a lot of Arabs and no blacks in Singapore. The real plague is the Nigerians. The governement knows they are not real students but only scammers and drug dealers so why granting them student visas, especially if they are already too old to be real students? Nigerian are not part of globalization, they are useless and dangerous.

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