Can someone explain the plot of land towards the North East of Cyberjaya being marked as Cyberjaya City Center?

I thought CIMB - Old Town is city center?

You're saying there will be another commercial center located at Cyberjaya City Center? What is it going to have? There's already 2 shopping malls, MMU, eateries. residentials and office buildings on this side of Cyberjaya.

This post has been edited by j45on: Jul 19 2013, 06:20 PM

I use to have the same thought as you about the fundamentals of cyberjaya, which is job creation. I am worried that MNCs or other companies will not be setting up their offices here.

The MNCs that you are talking about is mostly IBM, HP, Dell and such. Their PC business are not doing that great anyway since Apple launched iPhone and iPad. Let's assume they are shrinking their workforce, and more people are getting unemployed. Fret not! There can still be MNCs coming from Japan, Taiwan, Korea and China instead who can open their offices here in Cyberjaya. If you compare our employees diversity to other neighboring Asian countries; our workforce are definitely cheaper than Singapore, and our diversity and skilled worker is better than Thailand, Indonesia and the Philippines. Growth will be focused in this South East Asian region; after China, manufacturing companies are moving to Cambodia and Myanmar for their stabilizing government, cheaper and untapped natural resources, and Vietnam for their cheaper labor and mature infrastructure compared to China.

About entertainment, Pan'gaea is opening next year, it will be 2 more years before most of the projects become completed. I am sure it would be sufficient time for the retail to mature up by that time. By the way, Tune Hotels should be ready to launch in 2-3 years time at most. I previously work with them and i might be able to get some detail about the hotel if you wish. What is true is that, people in KLIA will definitely want to be in cyberjaya!

Now, can someone please prove me wrong? I am contemplating about buying a unit in Hyve for 1 month already and i still cannot decide because of the high price per square foot. I hope i don't regret because right now frankly, there's a lot of SOHOs around and I so wanted to property prices to crash instead so they become affordable for serious tenant like me!

Edit: I also understand that the market sentiment in cyberjaya right now is Buy, which translates to higher prices. Prices wil only drop if the market sentiment now is Sell! Thus is the reason why I think homes are expensive and its definitely not affordable when you include the slacks in your finance after deducting housing loan commitment and you realize you have no more slacks in your finance for savings! Cheaper ones are just too damn small, ~450 square feet!

This post has been edited by j45on: Aug 7 2013, 07:15 PM

De Pulze will be ready in 2014 latest, by looking at their project status. Tune Hotels should be ready soon too after that.

Renting a commercial SOHO property to tenants does raise a question of legality =/

I have read threads in this forum of their employees here in Malaysia receiving only 1 to 1.5 months bonuses for at least 2 years already. I'm not going to speculate further and digress away from property discussion.

Companies can still build their buildings and then sell it or rent it out later as and when condition permits. As far as hiring people, they can always halt the process. If you would like to research further, perhaps you can find out what the building is for and which operation are they cutting down or expanding on. That would give a hint to the type of population coming from IBM for cyberjaya.

I am too also worry about Cyberjaya being another Puchong, which beats the whole damn purpose of me choosing to live in Cyberjaya, which is to move away from the people and crowd! Cybersquare and Shaftsbury is located far away from MMU and the shopping mall. Crowd is the cause of all expensive stuff!

This post has been edited by j45on: Aug 7 2013, 09:52 PM

What to compete road with shopaholics meh? You forgot what its like in Mid Valley, KL Central, 1 Utama and The Curve?

Before you guys decide to conclude after reading that article, i strongly advice everyone to read the heated discussion that is currently on going that questioned the validity of the above mentioned article here:
https://forum.lowyat.net/topic/2919907/+0&#entry62409794

Durian cannot be used to equate property. You will need to go back to your drawing board for agreeing to the article in the first place

This post has been edited by j45on: Aug 13 2013, 11:26 PM