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 The HYVE - Cyberjaya, Sohos and Service Suites

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macho dog
post Mar 17 2013, 12:49 AM

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if that happens, it will become a test of holding power.


twincharger07
post Mar 17 2013, 03:04 AM

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QUOTE(Malaysian_driver @ Mar 17 2013, 12:13 AM)
Won't know real figures till VP but just driving around CBJ and surfing new launch website, you will know there are many (read: MANY) development projects in CBJ, all ready by 2016-2017.  Oversupply, highly possible...
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same feeling.. just Pangeae itself more than 500 units per block, 90% studio.. with 4 blocks of service apartment, thats close to 2000 units..
and we have Dpulse, Garden Plaza, The Place, Domain, Skypark, Hyve, Vita Soho.. etc etc

conventional bigger units Shaftbury, Arc (over thousand units), Serin Resicency, V residence, Mutiara Ville

Existing: thousands of Cyberia condos.. as i passed by Cyberia today after visiting Pangeae, a lot of sale/rent banners around cyberia

Other development competing for Cyberjaya population: 3 element, Zeva, Paragon3, O2?

Who is renting this studio? young working adults? young executives working in IT field in cyberjaya dont receive big pay cheques.. even with earning 5k permonth, renting for RM1500 permonth is already pretty tough for them... So if owners are aiming for senior exec, likely they are married with family and kids, they prefer bigger build up or landed..

Next owners might aim for expats, how many expats we have in Cyber? my expat colleagues (who work in Cyber) brought his family along and they rather stay in MK.. so you might aim for expats with tight budget..

Next is student market.. IMHO, mostly international students will have those kind of $$.. how many local students can afford? Being an MMU student before, I can say we are still depending on PTPTN and most of our parents are not rich... maybe LKW students from rich family (I dont know la).. And guess for Cyberjaya student population, majority are from which country, UK? Japan? Korea? US? or Germany? you know what sort of tenant you might be getting.. some might say I am "racist", but hey i have enough of them around..
dRwh0
post Mar 17 2013, 04:11 AM

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QUOTE(twincharger07 @ Mar 17 2013, 03:04 AM)
same feeling.. just Pangeae itself more than 500 units per block, 90% studio.. with 4 blocks of service apartment, thats close to 2000 units..
and we have Dpulse, Garden Plaza, The Place, Domain, Skypark, Hyve, Vita Soho.. etc etc

conventional bigger units Shaftbury, Arc (over thousand units), Serin Resicency, V residence, Mutiara Ville

Existing: thousands of Cyberia condos.. as i passed by Cyberia today after visiting Pangeae, a lot of sale/rent banners around cyberia

Other development competing for Cyberjaya population: 3 element, Zeva, Paragon3, O2?

Who is renting this studio? young working adults? young executives working in IT field in cyberjaya dont receive big pay cheques.. even with earning 5k permonth, renting for RM1500 permonth is already pretty tough for them... So if owners are aiming for senior exec, likely they are married with family and kids, they prefer bigger build up or landed..

Next owners might aim for expats, how many expats we have in Cyber? my expat colleagues (who work in Cyber) brought his family along and they rather stay in MK.. so you might aim for expats with tight budget..

Next is student market.. IMHO, mostly international students will have those kind of $$.. how many local students can afford? Being an MMU student before, I can say we are still depending on PTPTN and most of our parents are not rich... maybe LKW students from rich family (I dont know la).. And guess for Cyberjaya student population, majority are from which country, UK? Japan? Korea? US? or Germany? you know what sort of tenant you might be getting.. some might say I am "racist", but hey i have enough of them around..
*
Quite agree with ur points..
Malaysian_driver
post Mar 17 2013, 08:26 AM

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QUOTE(twincharger07 @ Mar 17 2013, 03:04 AM)
same feeling.. just Pangeae itself more than 500 units per block, 90% studio.. with 4 blocks of service apartment, thats close to 2000 units..
and we have Dpulse, Garden Plaza, The Place, Domain, Skypark, Hyve, Vita Soho.. etc etc

conventional bigger units Shaftbury, Arc (over thousand units), Serin Resicency, V residence, Mutiara Ville

Existing: thousands of Cyberia condos.. as i passed by Cyberia today after visiting Pangeae, a lot of sale/rent banners around cyberia

Other development competing for Cyberjaya population: 3 element, Zeva, Paragon3, O2?

Who is renting this studio? young working adults? young executives working in IT field in cyberjaya dont receive big pay cheques.. even with earning 5k permonth, renting for RM1500 permonth is already pretty tough for them... So if owners are aiming for senior exec, likely they are married with family and kids, they prefer bigger build up or landed..

Next owners might aim for expats, how many expats we have in Cyber? my expat colleagues (who work in Cyber) brought his family along and they rather stay in MK.. so you might aim for expats with tight budget..

Next is student market.. IMHO, mostly international students will have those kind of $$.. how many local students can afford? Being an MMU student before, I can say we are still depending on PTPTN and most of our parents are not rich... maybe LKW students from rich family (I dont know la).. And guess for Cyberjaya student population, majority are from which country, UK? Japan? Korea? US? or Germany? you know what sort of tenant you might be getting.. some might say I am "racist", but hey i have enough of them around..
*
Unlike Putrajaya where demand comes from an ever increasing no. of civil servants due to progressive shifting of government departments from old locations in KL to Putrajaya (Grade 41-45 salary about RM3-5k per month) and hospital putrajaya staff, Cyberjaya really have to make it big within the next 5-10 years to generate that kind of demand.
Vestor
post Mar 17 2013, 12:56 PM

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Cyberjaya needs to open up to cater for more commercial activities. Otherwise many will just shun to stay here.
twincharger07
post Mar 17 2013, 03:33 PM

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some of my findings and thoughts... and yes, I do thing investing in Cyber pretty challenging.. smile.gif

QUOTE(twincharger07 @ Mar 17 2013, 03:09 PM)
MMU population - 8000 (can check website)
LKW population - 9500 (can check website)

MMU has internal hostel, 4 blocks with 3 wings each, 5 floor, also another 2 apartments IOTA and Epsilon, easily fit in 3000 students (I stayed there for whole 4 years, RM100 permonth only.. lolzz)
LKW hostel near SK (anyone mind to share how many it can fit in?)

Existing poperties
Cyberia easily fit in 5,000 population http://wikimapia.org/#lat=2.9219518&lon=10...66&z=16&l=0&m=b
1182 Condos, 372 townhouse
http://www.propwall.my/cyberjaya/cyberia_smarthomes

Cyberia Crescent http://www.iproperty.com.my/condominiums/1...yberia_Crescent
799 units of 900sqft to 2000sqft... conservatively accommodating 2,000 population

Domain Cyber http://www.propwall.my/cyberjaya/the_domain
272 units of studio and small apartments

D'Melor http://www.propwall.my/cyberjaya/d%27melor
120 units low density condo

Gardenview Residence - 210 units with 1400sqft to 2800sqft http://gardenview.com.my/index.asp

On going -
Mahsing Garden Plaza - 983 studios and service apartment http://www.propwall.my/cyberjaya/garden_plaza
D'pulse - 482 studios and suites http://www.propwall.my/cyberjaya/d%27pulze
Shaftsbury - 783 studios and SOHO http://www.propwall.my/cyberjaya/shaftsbury_square
Serin Villamas - 600 units of condos (965 to 3000sqft), easily take in 2,000 ppl http://www.propwall.my/cyberjaya/serin_residency
The Arc - over 1000 units of condos (900 to 2000sqft), easily take in 3,000 ppl http://www.propwall.my/cyberjaya/the_arc
Mutiara Ville - 10 blocks highdense.. easily take in 3,000 ppl http://www.iproperty.com.my/propertylistin...ominium_ForSale
S
The Place - 190 studios (partitioned to 3 bedder) .. also duplex SOHO dont know how many http://www.propwall.my/cyberjaya/the_place
V' Residence - 268 units with 1,300sqft above http://www.vresidence.com.my/concept.html
Skypark - Service Apartment close to 300 units.. Studio and SOHO unknown
Pangeae - SOFO 200 units http://www.propwall.my/cyberjaya/paragon
Pangeae - Service apartment, my rough calculation 500 units perblock, 90% studio, all togther 4 blocks.. potentially total 2,000 units of studio + service apartment
The Hyve - 768 units of studio and small apartments
Vita Cyberjaya - 345 SOHO http://www.iproperty.com.my/news/5246/vita-lity-in-cyberjaya
Vega Residensi - 356 studios and small units by PKNS - http://www.pknsproperty.com/VegaResidensi1/index.html
Symphony Park - this one abit unknown... initial plan was 784 units http://www.propwall.my/cyberjaya/symphony_park

Other props which I dont think part of the competition
Mahsing Garden Residence
UEM Symphony Hills
Sps Eco Glades
Summer Glades
MyDiva Homes
OSK Mirage by the lake

Others which could be part of the competition
ZEVA
3 Elements
Paragon 3

fuh.. i m abit tired korek all this info... I am sure there are more projects but running out of brain juice..
you are welcome to add on further and calculate the potential supply as well

how many potential studio units do you think

notworthy.gif
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This post has been edited by twincharger07: Mar 17 2013, 03:42 PM
akai82
post Mar 18 2013, 03:20 PM

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received a call from developer's lawyer said that signing of SNP will be on this Saturday from 10am-5pm..
Malaysian_driver
post Mar 18 2013, 04:16 PM

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QUOTE(twincharger07 @ Mar 17 2013, 03:33 PM)
some of my findings and thoughts... and yes, I do thing investing in Cyber pretty challenging..  smile.gif
*
Amazing brain -- "twincharged" turbo power, eh?
twincharger07
post Mar 18 2013, 05:12 PM

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QUOTE(Malaysian_driver @ Mar 18 2013, 04:16 PM)
Amazing brain -- "twincharged" turbo power, eh?
*
compare with this daikor .. my brain is just peanuts.. lolzz..
http://www.propcafe.net/cyberjaya-love-it-or-hate-it/
puchongite
post Mar 18 2013, 05:19 PM

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QUOTE(Vestor @ Mar 17 2013, 12:56 PM)
Cyberjaya needs to open up to cater for more commercial activities. Otherwise many will just shun to stay here.
*
It's a chicken and egg problem. There is lack of night crowd, commercial activities cannot depend only on lunch traffic to survive.
bux
post Mar 18 2013, 05:45 PM

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no need to pay 3% on signing smile.gif
seanooi880327
post Mar 18 2013, 06:09 PM

seven heaven !!!
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QUOTE(bux @ Mar 18 2013, 05:45 PM)
no need to pay 3% on signing smile.gif
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U sure?

i tot need to pay 3%, then will get back on the disbursement.,.
bux
post Mar 18 2013, 07:34 PM

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QUOTE(seanooi880327 @ Mar 18 2013, 06:09 PM)
U sure?

i tot need to pay 3%, then will get back on the disbursement.,.
*
yup, Mgmt decided no need pay balance 3% on signing. Because 10% disc, so is direct credit note..i did double confirm with that lady who called me to sign snp
propertybbb
post Mar 18 2013, 07:55 PM

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Guys jus wan to know whether u guys are investors or intend to move in? Nice proj.
lamode
post Mar 19 2013, 12:21 AM

anything could happen!
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QUOTE(propertybbb @ Mar 18 2013, 07:55 PM)
Guys jus wan to know whether u guys are investors or intend to move in? Nice proj.
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probably 30:70, stay to investor.
alohaxD
post Mar 19 2013, 12:30 AM

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I'm interested with this.. may i know any daikor, brother, heng dai, got any of the sales person's contact so i can contact them?
lamode
post Mar 19 2013, 12:34 AM

anything could happen!
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QUOTE(alohaxD @ Mar 19 2013, 12:30 AM)
I'm interested with this.. may i know any daikor, brother, heng dai, got any of the sales person's contact so i can contact them?
*
just call the sale office number, they will attend to you.
Malaysian_driver
post Mar 19 2013, 12:42 AM

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Sold 8899 already... Phase 2 maybe
alohaxD
post Mar 19 2013, 12:43 AM

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QUOTE(lamode @ Mar 19 2013, 12:34 AM)
just call the sale office number, they will attend to you.
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Thank thank

Will try my and see whether i got d chance to get anot
Malaysian_driver
post Mar 19 2013, 12:46 AM

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QUOTE(twincharger07 @ Mar 18 2013, 05:12 PM)
compare with this daikor .. my brain is just peanuts.. lolzz..
http://www.propcafe.net/cyberjaya-love-it-or-hate-it/
*
Different mah -- he write blog, you write a REPLY in forum! Still amazing brain.

After reading his blog, Cyberjaya investors must have contingency plan. If sailang, then susah lor. It seems the focus of investment now have shifted southwards to Iskandar...

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