if that happens, it will become a test of holding power.
The HYVE - Cyberjaya, Sohos and Service Suites
The HYVE - Cyberjaya, Sohos and Service Suites
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Mar 17 2013, 12:49 AM
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Senior Member
792 posts Joined: Jun 2011 |
if that happens, it will become a test of holding power.
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Mar 17 2013, 03:04 AM
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Senior Member
4,788 posts Joined: Feb 2011 |
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... 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 $$.. how many local students can afford? Being an MMU student before, I can say we are still depending on PTPTN and most of our parents are not rich... maybe LKW students from rich family (I dont know la).. And guess for Cyberjaya student population, majority are from which country, UK? Japan? Korea? US? or Germany? you know what sort of tenant you might be getting.. some might say I am "racist", but hey i have enough of them around.. |
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Mar 17 2013, 04:11 AM
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Senior Member
573 posts Joined: Sep 2012 From: Cyberjaya |
QUOTE(twincharger07 @ Mar 17 2013, 03:04 AM) same feeling.. just Pangeae itself more than 500 units per block, 90% studio.. with 4 blocks of service apartment, thats close to 2000 units.. Quite agree with ur points..and we have Dpulse, Garden Plaza, The Place, Domain, Skypark, Hyve, Vita Soho.. etc etc conventional bigger units Shaftbury, Arc (over thousand units), Serin Resicency, V residence, Mutiara Ville Existing: thousands of Cyberia condos.. as i passed by Cyberia today after visiting Pangeae, a lot of sale/rent banners around cyberia Other development competing for Cyberjaya population: 3 element, Zeva, Paragon3, O2? Who is renting this studio? young working adults? young executives working in IT field in cyberjaya dont receive big pay cheques.. even with earning 5k permonth, renting for RM1500 permonth is already pretty tough for them... So if owners are aiming for senior exec, likely they are married with family and kids, they prefer bigger build up or landed.. Next owners might aim for expats, how many expats we have in Cyber? my expat colleagues (who work in Cyber) brought his family along and they rather stay in MK.. so you might aim for expats with tight budget.. Next is student market.. IMHO, mostly international students will have those kind of $$.. 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.. |
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Mar 17 2013, 08:26 AM
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Senior Member
574 posts Joined: Apr 2011 |
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.. 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.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.. |
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Mar 17 2013, 12:56 PM
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Senior Member
825 posts Joined: Apr 2012 |
Cyberjaya needs to open up to cater for more commercial activities. Otherwise many will just shun to stay here.
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Mar 17 2013, 03:33 PM
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Senior Member
4,788 posts Joined: Feb 2011 |
some of my findings and thoughts... and yes, I do thing investing in Cyber pretty challenging..
QUOTE(twincharger07 @ Mar 17 2013, 03:09 PM) MMU population - 8000 (can check website) This post has been edited by twincharger07: Mar 17 2013, 03:42 PMLKW 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 |
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Mar 18 2013, 03:20 PM
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Junior Member
23 posts Joined: Nov 2004 From: Melaka |
received a call from developer's lawyer said that signing of SNP will be on this Saturday from 10am-5pm..
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Mar 18 2013, 04:16 PM
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Senior Member
574 posts Joined: Apr 2011 |
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Mar 18 2013, 05:12 PM
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Senior Member
4,788 posts Joined: Feb 2011 |
QUOTE(Malaysian_driver @ Mar 18 2013, 04:16 PM) compare with this daikor .. my brain is just peanuts.. lolzz..http://www.propcafe.net/cyberjaya-love-it-or-hate-it/ |
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Mar 18 2013, 05:19 PM
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All Stars
33,671 posts Joined: May 2008 |
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Mar 18 2013, 05:45 PM
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Junior Member
360 posts Joined: Feb 2005 |
no need to pay 3% on signing
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Mar 18 2013, 06:09 PM
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Senior Member
2,841 posts Joined: Sep 2010 |
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Mar 18 2013, 07:34 PM
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Junior Member
360 posts Joined: Feb 2005 |
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Mar 18 2013, 07:55 PM
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Senior Member
2,663 posts Joined: Feb 2013 |
Guys jus wan to know whether u guys are investors or intend to move in? Nice proj.
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Mar 19 2013, 12:21 AM
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Senior Member
3,904 posts Joined: Jul 2007 |
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Mar 19 2013, 12:30 AM
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Junior Member
9 posts Joined: May 2012 |
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?
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Mar 19 2013, 12:34 AM
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Senior Member
3,904 posts Joined: Jul 2007 |
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Mar 19 2013, 12:42 AM
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Senior Member
574 posts Joined: Apr 2011 |
Sold 8899 already... Phase 2 maybe
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Mar 19 2013, 12:43 AM
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Junior Member
9 posts Joined: May 2012 |
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Mar 19 2013, 12:46 AM
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Senior Member
574 posts Joined: Apr 2011 |
QUOTE(twincharger07 @ Mar 18 2013, 05:12 PM) compare with this daikor .. my brain is just peanuts.. lolzz.. Different mah -- he write blog, you write a REPLY in forum! Still amazing brain.http://www.propcafe.net/cyberjaya-love-it-or-hate-it/ 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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