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

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DrPitchard
post Mar 29 2013, 02:26 PM

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QUOTE(twincharger07 @ Mar 20 2013, 05:14 PM)
I have been here since 2001 till today... I dont see how the Cyberjaya can rapidly grow to fill in the 10,000 pigeon plus 10,000 more 2 or 3 bedders apartment in 3 years.. in total there are potentially 20,000 units in 3 years time.. Existing there are already 4,000 units of Condo, apartments and Townhouse

There are around 50,000 population in Cyber now, 1/3 of Cyber population are students and 2/3 are working adults.. I really want to see how Cyberjaya can bring in 100,000 population in next 3 years.. What other MNC coming in? (I mean those really big ones).. How many Uni/College gonna setup here? how many students coming in? any announcement of next catalyst in Cyberjaya?

Government all eye Iskandar, TRX, International Financial Center, Satu Malaysia... When was the last time they talk about bringing big investment into Cyberjaya other than selling land plots to developer and build build build?
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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.
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!!!!!
DrPitchard
post Feb 9 2014, 09:17 AM

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QUOTE(basri7777 @ Feb 6 2014, 07:01 PM)
Rental market i think its up and up in cyberjaya area.
Look at newly completed shaftbury square. Studio 463 sqft rental rate on last 3-4 month around rm1200-1400. This year already increase to rm1600-1800. Sharing is caring
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Asking price does not necessarily mean it's the rental price. Price could be higher for these two posting due to higher entry cost, thus, the asking price will also be higher automatically. Just my opinion. Like what another forumer said, best to go there and take a look at the actual situation. Alternatively, can follow these two ads and call them 1-3 months later and enquire about renting it. See if the unit is still available or has been rented out.
DrPitchard
post Feb 10 2014, 12:20 AM

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QUOTE(basri7777 @ Feb 9 2014, 03:11 PM)
Rpgt??
1st 3 year 30%
4th year 15%
5th year 10%
+ lock in period penalty
+ gst

That why we have to discuss about rental rate. Based on propwall rental rate analysis its a good indication so far...
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Rental rate isn't determined by the discussion among owners but the demand of the market. A studio unit (530sqft) at Parkview service apartment at KLCC is going for RM2,500+-. And that's KLCC, mind you, the heart of KLCC. I think RM1,300-RM1,500 would be a decent price.

http://homes.trovit.my/index.php/cod.frame...on_type.1/pop.1


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