Booked a unit in cyberjaya project name cyberquare at rm261k (Before 10% early bird discount).. Paid rm5000 booking fees.

Is this a good investment in that area?

Yes with DIBS. If you choose not to take DIBS can get another 5% discount. Submitted for loan see whether can get 90% loan or not if can i don't want to fork out another few k for d/p