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 The HYVE - Cyberjaya, Sohos and Service Suites

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tiramisu83
post Feb 24 2013, 09:13 PM

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i just booked one unit with 247k, 510sf..with 10% rebate...

The reasons i booked because:-
1) The price is the cheapest for soho unit in cyberjaya if i compare to others like OSK.
2) Good location in the centre of cyberjaya
3) Got rebate 10% and it is commercial title (from ground floor to 6th floor), so i can loan up to 80%..
4) I believe cyberjaya will become a hot place in 3 years time.

I heard many people said cyberjaya is not worth to invest because it just like a dead city, no people..and i just got a point from someone saying that cyberjaya is quiet because there is lack of commercial places like shopping mall and residential, which i think it has the point.

For example: Damansara Perdana is used to be a dead place before The Curve and Ikano..
tiramisu83
post Feb 24 2013, 10:00 PM

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I saw HLB only can offer commercial loan up to 20 years only..is that true?
tiramisu83
post Feb 24 2013, 10:05 PM

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any OCBC agent here? pm me pls
tiramisu83
post Feb 24 2013, 10:55 PM

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QUOTE(Asgaard @ Feb 24 2013, 10:48 PM)
Yes. maximum 20 years
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Hi, not sure you can answer me this or not..refer to this link, i gotta know that the signage stating : Block A 122-unit pejabat...

user posted image

I just wonder is there any legal issue if I rent out the commercial unit as residential purpose?? Or any legal issue when selling off? Hmm...
tiramisu83
post Feb 24 2013, 11:57 PM

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QUOTE(dRwh0 @ Feb 21 2013, 04:11 AM)
To get rough idea on ur view, go to actual site..even for unit 7 onwards..still block by shaftbury..but a bit distant..
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Yes, SA told me the while block of block A still facing shafsbury soho, no such above level 7 is not block by shafsbury..
tiramisu83
post Feb 24 2013, 11:59 PM

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QUOTE(bux @ Feb 22 2013, 03:34 PM)
submitted documents to RHB bank just now...commercial 85% + 5%
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SA told me RHB does not provide DIBS..is that true?
tiramisu83
post Feb 25 2013, 02:36 PM

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QUOTE(LCL01 @ Feb 25 2013, 01:56 PM)
u are super wrong if u r comparing damansara perdana and cyber. damansara perdana is next to mont kiara and other matured township eg mutiara damansara BU and pj. cyberjaya is too far for someone to stay at. to be fair, u may try and google map a bit and compare both distance from KL.

U may rent a place and stay temporarily in cyber before u r so sure about the positive points aforesaid. So far, for me the only good thing to stay at cyber is it is less of traffic jam.

I suggest u to get a unit in taman equine, 3e or zeva which the studio supply is lesser and safer as compared than u invest in cyber.
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Lol, maybe i have used the wrong comparison..but i never want to compare the distance to KL..as I hate to work in KL.. tongue.gif

I am staying in Puchong and go to Cyberjaya only 10 mins, then access to KL using MEX highway. There are many people saying Cyberjaya is too far..if I am working in Puchong or Sunway, do you think staying in Cyberjaya is far away?? Then how about those staying in Rawang and Setia Alam? I don't think the places are much closer to KL.

Lol, but anyway I still believe Cyberjaya will be a good investment in future because I like the place and has potential to grow biggrin.gif . Some more the unit is quite cheap, at least I still can afford.. blush.gif

tiramisu83
post Feb 25 2013, 02:59 PM

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QUOTE(arj @ Feb 25 2013, 02:45 PM)
Emkay gonna build several thousand affordable homes soon, starting from RM120k.
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Emkay plans Cyberjaya affordable housing project
By Cheryl YVonne Achu Published: 2012/09/28
http://www.btimes.com.my/Current_New...kay27/Article/

PROPERTY developer Emkay Group expects to launch an affordable housing project in Cyberjaya by the second quarter of next year in an effort to enhance the middle-income group's accessibility to their own house.

"This is an ongoing effort by us in providing affordable housing to the people, in line with the government's desire to see more of the middle income group owning homes," said chairman Tan Sri Mustapha Kamal Abu Bakar.

He said although the project is still in the planning stage, the company expects it to include the development of about 3,000 units of medium cost houses with a selling price of below RM200,000 a unit.

Speaking to reporters after the launch of the Star Central @Cyberjaya project here yesterday, he said the affordable housing project will be part of the group's plan to transform Cyberjaya as Malaysia Silicon Valley in 2020.

Also present was Emkay chief executive Ahmad Khalif Mustapha Kamal.

The Star Central @Cyberjaya project, developed by its subsidiary, Joyful Star Sdn Bhd is a mixed-development project comprising 859,118 sq ft of office space, 814 units of shops and 1,900 residential units with a gross development value (GDV) RM1.8 million.

The construction is scheduled to start next month and is expected to be completed in five years. It will be developed in four phases, Mustapha Kamal said.

"So far, the project recorded a sales value of RM122 million, involving various types of development," he said.

Among the development in the Star Central @ Cyberjaya project are an eight-storey semi-detached office tower units with a GDV of RM420 million, two 25-storey residential studio and office (SOHO) towers (GDV of RM319.4 million), 10-storey shop office (GDV of RM80.8 million), six-storey hypermarket (GDV of RM277.7 million), 48-storey serviced apartments (GDV of RM453.9 million) and a 41-storey hotel (GDV of RM332.2 million).

The company will utilise the Industrialised Building System in order to reduce construction costs, Mustapha Kamal said, without revealing more details about the project.

"We do not want to be too dependent on foreign labour services to build affordable homes in Cyberjaya," he said.

Commenting on the proposed tax incentives for developers who use the IBS and green technology, he said if the government announces it in the Budget 2013 today, the company plans to build more affordable homes in Cyberjaya.

"It is possible (to build more affordable housing) based on Emkay track record so far," he said.

So far, Emkay has already built 22,920 units of affordable housing since 1990 with a GDV of RM1.37 billion. From the total, 11,118 units are located in Damansara Damai, Petaling Jaya and 11,794 units in Taman Bunga Raya, Bukit Beruntung.
tiramisu83
post Feb 27 2013, 12:21 AM

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QUOTE(lamode @ Feb 26 2013, 11:19 PM)
anyone receive commercial loan offer from OCBC?
mind to share the LTV and tenure?
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SA told me there is no longer we can apply loan from OCBC because they have reached their quota..is that true?

If you are from OCBC, perhaps can pm me for commercial loan..

This post has been edited by tiramisu83: Feb 27 2013, 12:22 AM
tiramisu83
post Feb 27 2013, 12:30 PM

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QUOTE(Pac Lease @ Feb 27 2013, 11:27 AM)
I though that u only looking for bank which is offer DIBS scheme only? But OCBC don't offer DIBS for commercial Unit.
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Opps sorry, I thought I saw some where saying OCBC did..do you know is RHB offer DIBS?
tiramisu83
post Apr 1 2013, 11:00 AM

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I can't get the loan approved, MBB, HLB and UOB turned me down cry.gif
tiramisu83
post Apr 1 2013, 05:12 PM

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QUOTE(JamesPond @ Apr 1 2013, 11:09 AM)
what unit you got?
downgrade it...
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mine one quite cheap alr..
tiramisu83
post Apr 1 2013, 05:13 PM

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btw, i just realize in monumen cyberjaya there is a morning market..is it open every Sunday?
tiramisu83
post Apr 1 2013, 05:21 PM

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QUOTE(macho dog @ Apr 1 2013, 05:13 PM)
Top up downpayment/capital and apply lower margin?
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cannot really top up, i need to come out with 20%, is already around 20k++, that's my max i can go for.. ohmy.gif
maybe is my business partner name is in ccris so it can't get approve..but he has already explained and prove to the bank that his previous loan has been settled, or maybe the ccris system not updated. the bank not really want to tell me the reason.. yawn.gif
tiramisu83
post Apr 1 2013, 05:24 PM

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QUOTE(macho dog @ Mar 31 2013, 08:16 PM)
perhaps some creativity like room divider can help.
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but u see, do u think most of the people staying in soho will cook? I mean really cook? At most they will just microwave the food. laugh.gif
tiramisu83
post Apr 2 2013, 12:44 AM

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QUOTE(walle @ Apr 1 2013, 06:05 PM)
anyone wana let go...interested here.. biggrin.gif
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How to let go? If I have signed the S&P? Just wonder..
tiramisu83
post Apr 2 2013, 12:46 AM

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QUOTE(macho dog @ Apr 1 2013, 05:58 PM)
If apply under individual name, will business partner ccris affect one's application?
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I also thought it has no affect on the application, as you see more people should more chances to get the loan right. But I just been told by one banker that actually it does.. shocking.gif
tiramisu83
post Apr 2 2013, 12:55 AM

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QUOTE(macho dog @ Apr 2 2013, 12:53 AM)
Joint application, sure the other applicant ccris will hv direct impact. Change the co-applicant  possible?
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The banker advise me to apply under only my name..will try and see
tiramisu83
post Apr 2 2013, 02:40 PM

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QUOTE(yiauko @ Apr 2 2013, 01:44 PM)
Any one knows if tower B is still available? And also I heard tower B is only for business purpose, not for residential?
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I thought tower B are residential title?
tiramisu83
post Feb 20 2014, 06:51 PM

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last time i wanted to buy one of the commercial unit, but loan not being approved..sad.gif

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