Dude,nice share,you link is interesting.
I am currently work at cyberjaya,it is a boring town now,hopefully after the shopping mall is complete,i can have more fun other then work thr.

Been working in cyberjaya for more than 3 years as a IT LOU, just want to share some of my feeling n experience.

Food is really expensive, around 10-20 per meal.
Nothing to play now,waiting for the new shopping mall to complete.
No chinese economy rice.
Lousy foreigner student driver,they just simply speed pass you and potong.
Alot animal on the highway, cat,dog,monkey,wild boar n etc.
Mostly is IT company,do not have too much of job oppotunity now.
Alot of condo building now,80% is investor,who gonna fill up the blank? I see some risk of over supplier is there.

Yea, i went there always.seriously dengkil food is cheap and nice.

Flip lower profit nevermind, easy to sell.
Hold lower yield nevermind, easy to rent.

What concept is that dude??? Flip lower and rent cheap will spoil the market.

For me, none potential project, flipping margin and rental yield will be lower. Then y not vested in other more potential property?

link
U have to lease back to the developer to be a student hostel + Pure investment property,no ppl will own stay.

What price they offering now?

Any new education institute? Any new IT company moving to cyberjaya? Show us some light please.

The completion date of KLIA2 is already delay..assume it complete at jun 2013.

Eco glades mall progress very fast..it will be a good news for me as i am working in cyberjaya, i can go watch movie with collegues while LDP is jam.

Sky park sitting at a very far place from cyberjaya center(shell,ibm,hsbc,dhl,fujisu,hp,dell,tsystem), it will take 4 years from now to complete the project. Even it complete,ong or not ong is a mistery yet. How long it take the office n resident to occupied the units?

For the SJRKC school,the parent who own stay in cyberjaya will send their 7-12 years old kid to school..so definately they wont own a studio,soho,duplex but a apartment suite with atleast 2-4 room.

For pangaea, it will be complete at Q4 2015 with all in one concept again..shopping mall,service apartment,hotel and street mall.

My conclusion:
The rental market will be very very bad when they got plenty of choice for residency. Dont forget those local student not neccessory to stay in cyber if the got car,they can choose puchong n seri kembangan too,the rental is much much much more cheaper.

The subsales market will be terrible, when all those units complete, can the new buyer affort the cracy down payment?
Case 1:400k studio, buyer need to prepare 40k down payment +15k snp = 45k.
Case 2:500k duplex, buyer need 50k dp + 20k snp = 70k.

What If bank value suck!bank valuer are very careful today!
Case 3:selling for 400k, but bankvalue 350k, buyer need 35k dp + 15k snp + 50k top up = 100k.
Case 4:selling for 500k, but bankvalue 420k, buyer need 42k dp + 20k snp + 80k top up = 142k.

Snp is depand on ur property price,so it wont change.
Nowaday all bank value will be lower then the selling price, so dont tell me it not possible to happen.

When flipper cant flip, the will mark down the price or rent out the unit cheap. Both action will killing the market.

Correct me if i am wrong, or give us a different thought about cyberjaya.

Mct lakefront direction is going to family friendly size, agree 690k is future price but i feel it still safer then studio/soho.
Let see how the sales going.

Lol~~
My point is It become high entry for buyer to buy over the property at cyberjaya,Do expect the subsales take up rate will be slower.

what i smell is risk risk risk

in this case, is it okay to sell at 90% of the property price? still untung 10% if initial discount is 20%.

but the sales are still moving... nusajaya got the supporter from SG People & JB people who work in SG.

but Cyberjaya got who? wat i see from owner profile is

20% Cyberjaya working
60% Owner Stay
50% Investor

omg.. so many investor here!

maybe goes for 10-20% discount? they start selling already? what package?

Hi xyyap, i working at cyberjaya now. i love and hate here

yap, definitely not for flipper and rental income.
But own stay it costly too.

where they are going to have their 3 meal at cyberjaya? Old town?kfc?paparich?shaburry?

This is for 1malaysia housing program right? Need ballot and own stay atleast 5 years..

This post has been edited by woolei: Jul 27 2013, 08:37 PM

Dude, r u work or stay at cyber? I have the same experience... A car drive by pak hitam just dont want to wait for traffic light and almost crash with my car.

Malaysia shouldn't give them the license or allow them to buy car.

If you student in putra and cyber, why dont u stay in sri kembangan or puchong? More happening.

Guess ur head ,throw ur money to buy a unit then.

The living cost at cyberjaya is high!