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 The HYVE - Cyberjaya, Sohos and Service Suites

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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..
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
*
This post has been edited by twincharger07: Mar 17 2013, 03:42 PM
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/
twincharger07
post Mar 30 2013, 06:28 PM

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QUOTE(macho dog @ Mar 30 2013, 05:22 PM)
Do u guys notice that in the SPA layout, there is no wall between bedroom and the living/kitchen for the 450sf? Its an open plan studio concept.
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In the brochure also didnt illustrated the wall between... that is the 1st question I asked SA when I step into the show unit and refer the layout at the same time. Chinese say "barang and the specs given not ngam" lolzz..

usually when I step into the show unit, my 1st question to the SA will be frankly tell me what items in the show unit are given, and what are not.. what is renovated intentionally and not given in the actual unit..
twincharger07
post Mar 30 2013, 09:31 PM

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QUOTE(macho dog @ Mar 30 2013, 09:21 PM)
I signed the SPA dy. In fact I like the open concept so that the view and natural light is not obstructed.
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Pros and Cons la... without the partition also cooking might be hassle.. bed area might gonna have smell..
twincharger07
post Mar 30 2013, 10:51 PM

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QUOTE(Malaysian_driver @ Mar 30 2013, 10:39 PM)
Microwave la...
*
herm.. not sure how many ppl who bought this studio/SOHO ever live in one before..
couple of small "challenges" along the way..
twincharger07
post Mar 31 2013, 05:54 PM

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QUOTE(Malaysian_driver @ Mar 31 2013, 01:26 PM)
People will adapt one...  Don't worry.  Look at how people adapt to the horrendous traffic in Klang Valley -- wake up early, develop unusual patience, uncanny timing of entry and exit to home/workplace, etc.
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err... staying in studio/soho pretty different... does the analogy of traffic jam adaptation applies the same? stay studio need patience?... lolzzz...
twincharger07
post Mar 31 2013, 07:15 PM

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QUOTE(Malaysian_driver @ Mar 31 2013, 07:09 PM)
Was referring to people's ability to adapt.  Traffic just an example.
*
tats y m saying.. wonder how many buyers hav stayed in studio n soho, need to experience it to know about adaptation.. personally i hav stayed in studios for more than a year in oversea.. thank goodness kitchen n bedroom are separated.. laundry n toilet are more advance than here..

it pretty challenging especially if u r the kind of ppl who prefer to cook urself..

cheers..

This post has been edited by twincharger07: Mar 31 2013, 07:18 PM
twincharger07
post Feb 24 2014, 09:38 AM

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QUOTE(morning06 @ Feb 24 2014, 02:50 AM)
Hello,

Interested with hyve, can i know whats the price now if there is any unit left?
Is this consider as residential as i'm trying to apply for SR1M if possible.

*serious first time home buyer looking for own stay. Thank you.
*
Got affordable housing next month, depending u wanna wait or not..
http://devel.malaysiandigest.com/business/...ya-project.html

This post has been edited by twincharger07: Feb 24 2014, 09:38 AM

 

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