+1

I have very similar views. Moreover, this one is done by a highly efficient contractor so for a developer to price even lower than them for a similar product is not that likely.

Yeah doesn't sound like he is planning to buy phase 2..lol

Anyway I ended up buying also. Haha

High end is 10 1/2 to 11 normally.

Normal is 9

Yeah certainly a bit low. Well, if I were to stay I probably just use one of those new designed stand fans. Would give a contemporary look. But of course I wouldn't be staying there la. haha

Only in the room but not in the living hall for most units. Similar to hotel

I think this has been the best deal in Cyberjaya in recent times. Undermarket value, excellent developer, lowest density amongst the Soho, studio concepts, generous facilities, great location and package. Comparing with those launched within the last 1 year. Also + the point that can attract cyberjaya sceptics like myself to invest




This post has been edited by Lcsx: Apr 19 2013, 11:13 AM

Oh most of the info is out already.

But if you want some feedback,

The development is below the market price by about 10 to 20% to others in Cyberjaya.

The reason for the discount is because it is their first development.

However, they are far from being a new to construction. They have built for many top developers including SP Setia. They are the contractor for the Malaysian MRT and more so, the Singaporean MRT including the Tunneling portion. The tunneling portion needs very sophisticated skills and high precision which means to say they are very much more advance and reputable by merit than many contractors in Malaysia.

Their density is much lower than most other developments and placed more strategically than many in the fringes of Cyberjaya.

Their balance sheets are healthy and they are a main board listed company.

From what I think, if I wanna invest in Cyberjaya, this is my pick. You won't get the large discount again in future. Its your chance to grab it while they are still generous and building up their reputation on their first launch ever.

The only drawback about Cyberjaya is the supply demand mechanics. Both lines are growing, but will probably take several years to stablize. But hey like I said, if you are buying at 10-20% discount for a more superior product, I think its a good bet.

There were only 25% left when I last checked 2 weeks ago. Demand still strong despite the price revision upwards for 2nd block.

One thing I can predict ahead for you guys. You guys will be impressed at their construction speed after they have done piling. Mark my words, after piling.

Try to compare construction speed after piling against any development in Cyber. You will be surprised. And yeah I think they will use a lotta cranes too.

If they really wanted they could do it in a year from piling to top floor. But I reckon they will take 1 1/2 years after piling to top floor.

They built this in about 1 year

http://www.iskandarmalaysia.com.my/pdf/pub...ing-info-im.pdf

1500 units of apartments, although that is supposed to be meant for rental from the government.

This post has been edited by Lcsx: May 2 2013, 11:35 AM


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Well since I started I might as well talk a bit more about them. They are one of the contractors for some of the top developers including SP Setia, UEMLand, Mutiara Rini and IOI Properties. Here is some of their work:-

http://www.kimlun.com/completed_projects.html

They are also involved in building the Malaysian MRT and more impressively, the tunneling portion of the Singaporean MRT.

Higher priced ma for current units. Of course people will take a pause first

Besides it is 750 units and that indicates about 600 units have been sold already. (100% block A, 60% block b) So its still something

This post has been edited by Lcsx: May 31 2013, 08:56 AM

Both projects have quite a bit of similarities but some differences as well.

Cyber Square location is slightly more strategic with closer amenities and you can pretty much walk down to a number of offices. The Hyve is located is a slightly greener environment and will continue to remain green (The Water tank surrounding area can't be developed and the terrain is too difficult to build on to begin with).

Developer reputation and strength. Hyve overall is stronger in this department. They have built for most of the top developers as their contractors. SP Setia, UEM Land, Mutiara Rini etc. They are also involved in the MRT project in Malaysia and much more impressively, the Singaporean MRT project. But Cyber Square's developer also has track record. Several apartments, shops and 1 condo so far.

Hyve when launched was cheaper but now I guess they are quite similar as you say.

Density wise, Hyve is much more generous and much lower density. About 700 units vs 1400 units+shops. Very similar land size.

Well overall if own stay, Hyve is better. If rental could be Cyber Square. For sale, idk.

This post has been edited by Lcsx: Jun 5 2013, 09:37 AM

So Many large pilings. Could make it a very solid structure.

This post has been edited by Lcsx: Jun 18 2013, 09:00 AM

anybody know when the 1st bank drawdown is? that's when we receive our rebates or we have to pay more I think depending on our loan financing.

Thanks

Dibs there, no rush. I rather it not finish fast coz of RPGT.

But on the other hand I think they will build fast after the piling because they are most likely using IBS system. So to me, longer they do the piling better.