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Investment CYBERSQUARE @ CYBERJAYA [OWNERS' THREAD], Welcome to the City Centre of Cyberjaya

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gogreen88
post Mar 29 2013, 03:22 PM

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QUOTE(aaronpang @ Mar 29 2013, 03:09 PM)
Cyberjaya reminds me of the days when nobody wanted to live in Puchong.

Puchong LDP was just 2 lanes + IOI mall for weekend shopping and entertainment.

Got my house in 2007 after renting for so long, see old posting here https://forum.lowyat.net/topic/385900

Made the right choice to back then because at current prices I cannot afford to buy the same house  sweat.gif

Cyberjaya is the same, its boring, faraway and ulu.

While investors are fighting over mature townships and inflated prices, I'm scouting Cyberjaya and nearby Dengkil  icon_rolleyes.gif

Anyway that's my dua sen and reasoning!
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Lcsx
post Mar 29 2013, 03:57 PM

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Cyber is also slightly like how Mont Kiara was a wile back. Although quite different but has its similarities. Hopefully the outcomes are similar.

Mont Kiara not too many years ago was a slow place. Low tenancy and commercial units there were dieing and struggling just to stay afloat.

After the many years. People started moving in more and as a result, the commercial units started to come up a bit. Then more people started staying there as the livability improved due to more commercials. Now all the commercials in Solaris and especially Publika are so vibrant and wong. And that is pretty much encouraging even more yuppies to slowly move into Mont Kiara.

Well lets see whether that part will be similar to Cyberjaya. Time will tell..



Sphenix
post Mar 29 2013, 05:24 PM

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QUOTE(mister_lau @ Mar 29 2013, 12:20 PM)
How much is UOB?
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-2.4

you didn't get any offer yet?
twincharger07
post Mar 30 2013, 12:45 AM

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QUOTE(DrPitchard @ Mar 29 2013, 02:26 PM)
I do see where you are coming from and what your concern is....and given the fact that you have been staying there for a good 10 years+ really means that your view covers a lot of depth.

At the same time, it is also clear that the city (Klang Valley) is expanding and people are now staying further and further away. Not because they want to, but simply because they don't have much choice. From central PJ, KL, USJ and the likes of it (pre year 2000) to areas like Rawang, Kajang, Sg Long, Sg Buloh, Bangi in the past few years. New developments are coming up but further and further away from the heart of KL city centre. Public transportation (MRT, LRT) has also been extended to reach these places.

Seremban 2, Seremban 3, Nilai....all this areas are now seeing massive development and population is growing steadily.

And it won't be too long before Cyberjaya is breached and the population surpasses the critical level, and that's where the sudden boom comes in. Equilibrium will take place naturally (if areas nearer to KL gets more and more densed, people will slowly, over a period of time, migrate to other less densed areas).

KLIA2 will be coming up soon, mid of this year. That itself will pull more people closer to it, be it Cyberjaya, Sepang or any other city near to it.
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i do see where you are coming from as well.. Ppl come to Places like rawang, kajang, bangi, seremban for big n affordable houses, but the pricing of cyberjaya for the same build up has breached even puchong n subang pricing.. something we need to understand y ppl r traveling far for houses, wat is their reason.. something hav to b considered as well.. i m living in one of the far suburbs u mention..

cheers
Seng_Kiat
post Mar 30 2013, 07:10 AM

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any SA can you introduce me? smile.gif.
DrPitchard
post Mar 30 2013, 09:07 AM

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QUOTE(twincharger07 @ Mar 30 2013, 12:45 AM)
i do see where you are coming from as well.. Ppl come to Places like rawang, kajang, bangi, seremban for big n affordable houses, but the pricing of cyberjaya for the same build up has breached even puchong n subang pricing.. something we need to understand y ppl r traveling far for houses, wat is their reason.. something hav to b considered as well.. i m living in one of the far suburbs u mention..

cheers
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Cyberjaya is a new, planned, township...and with that, I think will be an important deciding factor too, besides its amenities and all the MNC, universities and local corporations.
To be honest, I would seriously consider living in Cyberjaya in the near future if I can get a nice landed property. Not planning to work in Cyberjaya, but still commute to work (KL city centre) on a daily basis. I currently stay along Jalan Puchong/Old Klang Road and spend just as much time to get to work as compared to travelling to KL city centre from Cyberjaya on MEX.

The landed projects that they have there are out of my reach at this moment, but given the environment and the build quality, I would say its reasonable.

Jalan Puchong is suicide at the moment...40 minutes just to hit Federal Highway/Mid Valley intersection.

QUOTE(Seng_Kiat @ Mar 30 2013, 07:10 AM)
any SA can you introduce me? smile.gif.
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Anybody property...? :-)
Good for you!!!!!
twincharger07
post Mar 30 2013, 01:32 PM

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QUOTE(DrPitchard @ Mar 30 2013, 09:07 AM)
Cyberjaya is a new, planned, township...and with that, I think will be an important deciding factor too, besides its amenities and all the MNC, universities and local corporations.
To be honest, I would seriously consider living in Cyberjaya in the near future if I can get a nice landed property. Not planning to work in Cyberjaya, but still commute to work (KL city centre) on a daily basis. I currently stay along Jalan Puchong/Old Klang Road and spend just as much time to get to work as compared to travelling to KL city centre from Cyberjaya on MEX.

The landed projects that they have there are out of my reach at this moment, but given the environment and the build quality, I would say its reasonable.

Jalan Puchong is suicide at the moment...40 minutes just to hit Federal Highway/Mid Valley intersection.
Anybody property...? :-)
Good for you!!!!!
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Lets not go too far about Landed props in Cyber, lets talk about studio and SOHO.. like cybersquare.. does that translate to the same theory as the landed prop in cyber?

I disregard landed prop in my argument as I observed Malaysian behavior, ppl are willing travel far for landed prop.. this give birth to far surburbs like Setia Alam, Kota Kemuning and many more.. But will ppl travel far for a SA, SOHO and studio? (since we are talking about cybersquare here)

The argument IMHO is that, are the TYPE of prop supply meeting the demand of the public? Ppl usually travel far for getting big and affordable houses.. IMHO, studio and SOHO works better in CBD like KL, PJ and some part of Subang where commercial vibrancy is high..

This post has been edited by twincharger07: Mar 30 2013, 01:35 PM
skcJVN
post Mar 30 2013, 05:33 PM

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QUOTE(twincharger07 @ Mar 30 2013, 01:32 PM)
Lets not go too far about Landed props in Cyber, lets talk about studio and SOHO.. like cybersquare.. does that translate to the same theory as the landed prop in cyber?

I disregard landed prop in my argument as I observed Malaysian behavior, ppl are willing travel far for landed prop.. this give birth to far surburbs like Setia Alam, Kota Kemuning and many more.. But will ppl travel far for a SA, SOHO and studio? (since we are talking about cybersquare here)

The argument IMHO is that, are the TYPE of prop supply meeting the demand of the public? Ppl usually travel far for getting big and affordable houses.. IMHO, studio and SOHO works better in CBD like KL, PJ and some part of Subang where commercial vibrancy is high..
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+1
20k+ of soho , studio , small service apt . most of the product from cyberjaya developer is this kind of small-sized unit . why ?
more affordable?
more profit for developer?
more suit the market of CBJ?
more demand to this property product?
will the high demand become high risk due to high supply of the same product ? lets see after 3-4 years.
mister_lau
post Apr 1 2013, 05:54 PM

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QUOTE(Sphenix @ Mar 29 2013, 05:24 PM)
-2.4

you didn't get any offer yet?
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UOB and Am bank called me, without DIBS is BLR-2.3

Should I opt for with or without DIBS? Any real big different?
aaronpang
post Apr 2 2013, 11:05 AM

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QUOTE(twincharger07 @ Mar 30 2013, 01:32 PM)
Lets not go too far about Landed props in Cyber, lets talk about studio and SOHO.. like cybersquare.. does that translate to the same theory as the landed prop in cyber?

I disregard landed prop in my argument as I observed Malaysian behavior, ppl are willing travel far for landed prop.. this give birth to far surburbs like Setia Alam, Kota Kemuning and many more.. But will ppl travel far for a SA, SOHO and studio? (since we are talking about cybersquare here)

The argument IMHO is that, are the TYPE of prop supply meeting the demand of the public? Ppl usually travel far for getting big and affordable houses.. IMHO, studio and SOHO works better in CBD like KL, PJ and some part of Subang where commercial vibrancy is high..
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My view is the recent developments in Cyberjaya are geared towards convincing white collars working in Cyberjaya to also stay in Cyberjaya.

Versus to attracting suburbanites to live in Cyberjaya and commute to KL and PJ for work.

QUOTE(skcJVN @ Mar 30 2013, 05:33 PM)
+1
20k+ of soho , studio , small service apt . most of the product from cyberjaya developer is this kind of small-sized unit . why ?
more affordable?
more profit for developer?
more suit the market of CBJ?
more demand to this property product?
will the high demand become high risk due to high supply of the same product ? lets see after 3-4 years.
*
I also though of the same thing...

more affordable?
Yes how many in 20s to 30s can pay RM800k for landed unsure.gif

more profit for developer?
Selling at future pricing is justified, developers will factor DIBS into selling price sad.gif

more suit the market of CBJ?
Likely young and single can adapt to SOHO living.

more demand to this property product?
I think so since landed is super expensive.

will the high demand become high risk due to high supply of the same product ? lets see after 3-4 years.
Yup the risk is there if developers cant convince people to live in Cyberjaya. hmm.gif

This post has been edited by aaronpang: Apr 2 2013, 11:34 AM
aaronpang
post Apr 2 2013, 11:28 AM

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Apologies double posted... icon_rolleyes.gif

This post has been edited by aaronpang: Apr 2 2013, 11:31 AM
minki
post Apr 2 2013, 11:34 AM

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QUOTE(Sphenix @ Mar 29 2013, 05:24 PM)
-2.4

you didn't get any offer yet?
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You got 80%/ 90% loan with BLR -2.4?
JamesPond
post Apr 2 2013, 11:40 AM

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the design look so average
mister_lau
post Apr 2 2013, 12:04 PM

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Add some photos.... tongue.gif

Ya, the design is just average but location in my opinion is among the most strategic, at least for the moment...


Attached thumbnail(s)
Attached Image Attached Image Attached Image Attached Image Attached Image Attached Image
Soros007
post Apr 2 2013, 01:20 PM

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Landed in cyber have good concept - GnG except the pricing is like PJ / KL area.
Personally loves the peaceful and green in cyber thus hantam a few there.

High rise especially SOHO - better think twice due to super over supply unless for self living.

QUOTE(aaronpang @ Apr 2 2013, 11:05 AM)
My view is the recent developments in Cyberjaya are geared towards convincing white collars working in Cyberjaya to also stay in Cyberjaya.

Versus to attracting suburbanites to live in Cyberjaya and commute to KL and PJ for work.
I also though of the same thing...

more affordable?
Yes how many in 20s to 30s can pay RM800k for landed  unsure.gif

more profit for developer?
Selling at future pricing is justified, developers will factor DIBS into selling price  sad.gif

more suit the market of CBJ?
Likely young and single can adapt to SOHO living.

more demand to this property product?
I think so since landed is super expensive.

will the high demand become high risk due to high supply of the same product ? lets see after 3-4 years.
Yup the risk is there if developers cant convince people to live in Cyberjaya.  hmm.gif
*
aaronpang
post Apr 2 2013, 01:25 PM

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QUOTE(Soros007 @ Apr 2 2013, 01:20 PM)
Landed in cyber have good concept - GnG except the pricing is like PJ / KL area.
Personally loves the peaceful and green in cyber thus hantam a few there.

High rise especially SOHO - better think twice due to super over supply unless for self living.
*
Agreed with so many SOHO units under construction and to be completed in the next 3-5 years.

I'd prefer to invest in landed budget not withholding.
Soros007
post Apr 2 2013, 01:27 PM

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GR asking price of Rm 815K onwards are attractive.
If can neg down to the original purchased price then it's considered a good buy la.

QUOTE(aaronpang @ Apr 2 2013, 01:25 PM)
Agreed with so many SOHO units under construction and to be completed in the next 3-5 years.

I'd prefer to invest in landed budget not withholding.
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aaronpang
post Apr 2 2013, 02:45 PM

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QUOTE(mister_lau @ Apr 2 2013, 12:04 PM)
Add some photos.... tongue.gif

Ya, the design is just average but location in my opinion is among the most strategic, at least for the moment...
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Thanks for the pictures, sharing some of mine...

Floor Plan
user posted image

2 Bedroom Unit
user posted image

Studio
user posted image

» Click to show Spoiler - click again to hide... «


QUOTE(Soros007 @ Apr 2 2013, 01:27 PM)
GR asking price of Rm 815K onwards are attractive.
If can neg down to the original purchased price then it's considered a good buy la.
*
Thank you for the pro tip!


twincharger07
post Apr 2 2013, 09:21 PM

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QUOTE(aaronpang @ Apr 2 2013, 11:05 AM)
My view is the recent developments in Cyberjaya are geared towards convincing white collars working in Cyberjaya to also stay in Cyberjaya.

Versus to attracting suburbanites to live in Cyberjaya and commute to KL and PJ for work.
I also though of the same thing...

more affordable?
Yes how many in 20s to 30s can pay RM800k for landed  unsure.gif

more profit for developer?
Selling at future pricing is justified, developers will factor DIBS into selling price  sad.gif

more suit the market of CBJ?
Likely young and single can adapt to SOHO living.

more demand to this property product?
I think so since landed is super expensive.

will the high demand become high risk due to high supply of the same product ? lets see after 3-4 years.
Yup the risk is there if developers cant convince people to live in Cyberjaya.  hmm.gif
*
I am wondering.. how many white color can afford to to rent 1.2k rental for Soho? Junior exec? 1/3 of salary goes to rental? .... den Senior exec? likely they are married with family.. den Expats? those expats with family prefer bigger units.. so single expat? how many single expats in cyber? 5000 of them in Cyber?
when u say supply n demand, did anyone study which segment is the target audience?

only rich international student can afford la.. bare in mind likely 10,000 pigeon will b completed in cyber.. 28,000 highrise units mixture of big n small are confirmed in progress..

landed expensive, yes.. there affordable in other suburbs in the range of 500k.. if its still unaffordable, there r still affordable highrise with 2 to 3 rooms .. takkan buy Studio or soho if you wanna set up family..

most couple buy their 1st home just before or after marriage, they wanna share the loan commitment n wanna setup family as well.. this likely to b the trend in the future.. den buy studio n soho bcos of affordability??

if you want to know hows the responds of pigeon hole in KV, take a look at the take up rate aroung PJ n Subang, these 2 are proven commercial vibrant area, but the amount of new pigeon hole supply cannot compete with Cyberjaya...

The ratio of pigeon hole units to mass market units likely to be 1to3 or 1to4... by far the highest ratio in KV..
hope for the best.. cheers..

This post has been edited by twincharger07: Apr 2 2013, 09:40 PM
Soros007
post Apr 2 2013, 09:44 PM

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Soho n studio supply in cyber is f**king crazy!!!
if ~1000ft2 type ok la.


QUOTE(twincharger07 @ Apr 2 2013, 09:21 PM)
I am wondering.. how many white color can afford to to rent 1.2k rental for Soho? Junior exec? 1/3 of salary goes to rental? .... den Senior exec? likely they are married with family.. den Expats? those expats with family prefer bigger units.. so single expat? how many single expats in cyber? 5000 of them in Cyber?
when u say supply n demand, did anyone study which segment is the target audience?

only rich international student can afford la.. bare in mind likely 10,000 pigeon will b completed in cyber.. 28,000 highrise units mixture of big n small are confirmed in progress..

landed expensive, yes.. there affordable in other suburbs in the range of 500k.. if its still unaffordable, there r still affordable highrise with 2 to 3 rooms .. takkan buy Studio or soho if you wanna set up family..

most couple buy their 1st home just before or after marriage, they wanna share the loan commitment n wanna setup family as well.. this likely to b the trend in the future.. den buy studio n soho bcos of affordability??

if you want to know hows the responds of pigeon hole in KV, take a look at the take up rate aroung PJ n Subang, these 2 are proven commercial vibrant area, but the amount of new pigeon hole supply cannot compete with Cyberjaya...

The ratio of pigeon hole units to mass market units likely to be 1to3 or 1to4... by far the highest ratio in KV..
hope for the best.. cheers..
*

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