Thats why setia haruman slows down land selling...

Hi twincharger07 you've raised some good points. Definitely wont consider expats, too niche for me.

Here's my thoughts on target market, please do comment and share your opinions.

Junior execs within salary range and age. RM6k gross + late 20s early 30s.

After reviewing property prices, concluded first-time house buyer have to begin at "what used to be the high end RM500k".

Anything around RM500k is considered affordable these days.

House Cost (RM): RM500k
Monthly Income (RM): RM5000 nett
Loan tenure (Years): 30
Interest Rate (% pa): 5

Monthly Repayment (RM): RM2416
Maximum Monthly Repayment (RM) RM2000

Young working adults will not be able to afford to buy anything big or landed.

Back to junior executives market, can be broken down into 2 segments:-

1) Married
* Prefer landed or large condo's. More than 1000sf2 (like the Zest Bukit Jalil or Kota Kemuning)
* Many are DINK's

2) Single (my target market)
* Most staying with parents and relatives.
* Renters are usually from out of state.
* Majority don't own property or can’t qualify for loans.

It's rather bleak view for younger generation, forced to purchase/rent smaller condo's or live far away.

Alternatively current prices are unsustainable and prices will have correction.

Yup if its 1000ft or more would have been ideal. The biggest unit Cybersquare offers is 775ft + 2 parking.

Hoping good location supported by amenities and facilities will make up for the smaller foot-print.

I haven't signed the dotted line, can still walk away.

for me 775 sqf 2 rooms 2 car parks will be ideal.
although the size could be little bit small. if above 1000 sqf, price will be RM100k different d.
Studio is too much supply.
2 rooms type. yes!

Junior Exec 6k? how many junior Exec 6k we hav in Cyber, 5,000 of them?

the reason y MNC setup branch in msia is bcos we r somehow competence, language, n most important cost effective (aka cheap labour),, 6k junior exec is way too too optimistic,, i worked in cyber, stay here study here since 2001,, work in curtent MNC for many years,, Junior exec getting 6k is very very rare,,, Most senior exec getting 6k n above either married or getting married in near future,,,

Junior Exec 6k? how many junior Exec 6k we hav in Cyber, 5,000 of them?

the reason y MNC setup branch in msia is bcos we r somehow competence, language, n most important cost effective (aka cheap labour),, 6k junior exec is way too too optimistic,, i worked in cyber, stay here study here since 2001,, work in curtent MNC for many years,, Junior exec getting 6k is very very rare,,, Most senior exec getting 6k n above either married or getting married in near future,,,

hhmm looks like the price of cyberjaya properties had shot up tremendously..
still a good time to buy now?? whats the threshold?

Huat liau arh!!!
Expect more X-factors to come into cyber!


[quote=Soros007,Apr 3 2013, 11:23 PM]
（雪蘭莪‧賽城3日訊）原任教育部副部長拿督魏家祥宣佈，霹靂州聯合華小將正式遷校至賽城，並由發展商獻地和承建學校。

他今日為這所學校主持動土禮時說，為了符合賽城的多媒體地位，賽城主要發展商MCT將聯同其它發展商如SP Setia、Setia Haruman和馬星建設一所全智能型學校，預計耗資1千萬令吉。


他說，賽城有7千英畝地，屋業越趨蓬勃發展，因此未來會需要很多華小。

“聯合華小遷校到這裡，可為布城及賽城的華裔家長，提供多一個選擇，因為目前布城及賽城缺少一所華小。”

可容納1500名學生

他指出，聯合華小較早前計劃遷校，在機緣巧合下，發展商願意獻地及承建，建竣後，這所華小可容納1千500名學生。

“希望可以儘快建成，如果趕不及2014年開校，那就2015年。”

他透露，聯合華小遷地的校地是一塊很平坦的土地，因此發展商隨時都可以開始建校工程。

詢及聯合華小遷移至賽城後，可否有足夠學生來源一事，他說，由於賽城及布城屋業越趨發展，如果華裔居民人數佔其中20%，那就會有足夠的學生來源。

“或許剛開學時只有100或200名新學生，但未來會越來越多學生，相信不會有（學生來源）問題。”

此外，聯合華小董事長洪再順利說，位於霹靂州的聯合華小目前只有8名學生，6名友族同胞學生及2名華裔學生。

DIBS still in the deal and price I think remains.

With higher than average income, many still won't be financially ready/qualified to buy a house.

The optimistic income serves to highlight that disparity

Current house prices are out of step with income, hence SOHO/renting will be viable alternative(s).

Demographics 65.4% of Malaysia's population are between 15–64 years old

Estimated Cyberjaya population: 52,000
Population aged 15-64 years old: 34,112
Assuming 1/4 are 20s early 30s: 8,528

So far income and population numbers seem favorable.

The only big "?" what will Cyberjaya's commercial side, i.e: supermarkets, shops, theaters be like in 3-4 years time.

Taking conservative and a long term view of Cyberjaya.

Wost case I move into Cybersquare and rent my double story house in Puchong.

Can walk to office its just across the road

Sharing an interesting article worth reading:-
http://www.starproperty.my/index.php/artic...roperty-prices/
http://www.statistics.gov.my/portal/index....content&id=1215

those stats we hav seen over and over again..
but the question is, are the property type meeting the actual demand..

this is always wat i heard from investors "if kenot rent/sell, i stay myself", compromising ourselves staying in bcos no demand..

than sooooo many lonely sad single man will fillup the soooooooho !

can move in if 3 to 4 yrs later still single.

I think it is needless to justify your purchase here to others and those who are skeptical have their points too. I believe nobody would dare to say this is a totally wrong investment. I also believe u have effortless holding power. Therefore, only time will tell...

This post has been edited by mister_lau: Apr 4 2013, 09:59 PM

Anyone know where is Cybersquare's show house?

If you drive from Puchong along Persiaran APEC, continue straight past the MDEC building.

Landmark is Pappa Rich kopitiam, on the left there is a mamak outlet, showroom is on the first floor.

Thanks bro.. will drop by there this weekend. Hopefully they do open during weekends

what is the price and what is the size available?

I think fully sold already....

due to impulse, booked mine last month on 35th floor type B 450sf for 280k with 10% disc and DIBS. but wife said no cause she dont like condo. now im unsure if i shud pursue it. sigh. wat do u tink?

459psf can rent for how much? Rm700?