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 Why U buy Cyberjaya?

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spydermind
post Sep 11 2012, 09:09 PM

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QUOTE(xyyap @ Sep 7 2012, 12:04 PM)
Malaysia can never play rental yield loh, given the high loan interest rate.

Singapore is much better yield > 4% interest 1% only.

Malaysia is more for capital appreciation.
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Not really....that is if you only evaluate based upon loan rate vs rental yield.

There are some areas in which you could still get 7-8% gross and compare with interest rate at 4.x% ....

Also, there are people with solid cash.....so for them, they would compare based on FD rate vs yield.


spydermind
post Sep 20 2012, 02:26 PM

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Actually, there are not many landed houses in cyberjaya .... now there are only 42 link houses on perdana lakeview east ....some bungalows there as well. Summerglades, Garden Residence all together will only have 300-400 units + a couple of hundreds of semi-D + bungalows. Even with symphony hill (as of now), the total landed will be below 1000 units... of course .... 3 years later, you have a couple of hundreed more with setia eco glades
spydermind
post Sep 29 2012, 12:28 PM

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I am sorry ... we are not a developed country ....

spydermind
post Jan 2 2013, 01:56 PM

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Almost most of the online forum that i have seen so far, mainly discussing Cyber as a location or neighbourhood instead of just individual project.

Cyber had gone through a very rough cycle. From the very beginning, the association with MSC making it one of the most high profile project that attracts a lot of attention and spotlight. 4 major developers were engaged to jointly develop this place.

more than 10 years past, a lot of people are dissappointed and this is fully udnerstandable, simpley because the expectation was really high, so it is kind of relative that people are expecting more.

I fully agree. Those early investors (especially those who has not sold their property) , even though not fully happy with the capital gain, but seriously, over the past 10 years, really no complain on the rental yield. 10%-15% yield is possible on condo rental

2-3 years ago, that was the beginningin of the in rush of project or developer into this township. Same like those who like T brand or H brand of cars, they will guarantee you that the car from these 2 companies would command the highest second hand value. In this case, there are people that will guarantee you that "Prices of property in Cyberjaya will not increase" ...in order words, not good for short or mid term flippers/investors. See it yourself today. Of course, no one can guarantee non-stop price increase as this is very much within the nature of demand-supply situation.

Also, a lot of the people who have not been to cyberjaya for years , or dont understand cyberjaya or confuse between cyber and putra, etc. So, go there and have a look......No pork? SOmeone must be kidding, i just had pork there last week, on a recently opened restaurant.

Drive around there, check the master plan ......

Personally i wont compare it to DPC as DPC has minimum job opportunity wihtin but it mainly established it self as a premium option for people working around KL or PJ.

Cyber has got commercial and job opportunity.....well, who knows eventually when it is more developped, maybe it will not be as nice to stay ....

Over supply issues had been discussed again and again especially all the launches within the past few years....I wrote in another post that it will have more than 5000-6000 residential in the next 3-5 years , and those are mainly service apartments or smaller condo unit. But then again, if the commercial situation is not favorable by then, yes, it will be oversupply.....but if the commercial impact is still there and continuing to grow....then i reckon that it might not be enough residential development there. By then, new launches will take a couple of years more to be completed to fill the gaps.

LAst point, so far, most of the residential project especially landed are mainly medium to high end type with G&G, facilities, etc ....so dont expect these to be cheap ...of course, I do hope that more affordable landed could be built but sometimes, the cost of buidling will force the develop to go highend landed or multi dwelling unit (Condo) to maximize the value .






spydermind
post Feb 18 2013, 05:35 PM

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I heard SP changed their strategy in launching the island now...but cant confirm as i got the info indirect from banker.

Can someone confirm?
spydermind
post Mar 11 2013, 10:26 PM

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just out of curiousity .... would anyone not buying a particular area just because there is no pub within 1-2km radius ...

Btw, there is no regulation in Cyber governing that pub is not permitted.


spydermind
post Mar 24 2013, 10:36 PM

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QUOTE(Ah jib @ Mar 24 2013, 10:01 PM)
Might be another failure project !  yawn.gif
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You are the most daring guy out there using the title of Ah Jib ..... Good Luck.
spydermind
post Mar 31 2013, 12:03 AM

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QUOTE(SEAMUS88 @ Mar 27 2013, 12:22 AM)
Thanks xyyap.

I'm planning to go in the next few weeks. My intention of buying one soho there, have you heard about HYVE? Location is great and I can guess the potential of Cyberjaya after some reading here and other websites, since so many developers are confident and developing the area.

Honestly, I'm thinking to get a small unit to flip it in 3 years after completion to earn a return of 15-25%. However, nothing is certain.

There are many units are being built plus other soho/condos. The other buyers might have the same intention.

So, when the time comes for me to flip, what happens to the market? Who will be buying from me? Will the buyer enjoy a decent rental yield? Is there rental market?

Honestly, I'm trying to get more info on this. Is there anyone can give me some help and advice?

Thanks in advance. Greatly appreciated.

Cheers, Seamus
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Get somone to bring you around ...cehck out the connectibity, the offices, the master plan, the progress ...prices are not cheap ...so make up your mind on the investment or portfolio that you are more comfortable with
spydermind
post Apr 9 2013, 11:31 PM

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With job opportunities in cyber, more people will move in.

But it will takes time ..... however, i dont think it will be too long .. perhaps just another 4-5 years to see more health population to stimulate more local demand and local shops.
spydermind
post Apr 10 2013, 09:20 AM

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i think with all the new delveopments, it will definitely takle time to populate them as there close to, if not more than 10k condo, service apartment, soho, etc. available or ready from now onwards (for the next 2-3 years) .

I expect 20-25% percent to be occupyied by students eventually.

Now, what is needed is really more businesses or enterprises to be moving in
spydermind
post Apr 15 2013, 02:05 PM

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QUOTE(mascot_lim @ Apr 15 2013, 12:06 PM)
Yeah agreed, if the Cyberjaya was given to SP Setia or Dijaya, I think we can see the effect now.....It might be more prosperous from now.....

Just my 2 cents opinion....Pls dun shoot me......haha...
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It is so easy to comment if this was done or that was done is such manner. By that time no one knows. Also, if they know, See hoi chan might not have sold the piece of land to SP that turns into setia alam now.

But, one thing to remember, cyber started off with universities and some IT/Telecom MNC. Dont just do plain comparison like that, not easy.

If you compare the amount of high rise in Cyber, it will tkae years for setia alam to catch up ....

These sort of comparison can go on and on, but in reality, the most important thing is to look forward.
spydermind
post Aug 7 2013, 12:11 AM

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Well .... lucky that you escape ....so, where do you place your bet now?

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