I am not from commercial property sector loh. Add me please.

I think its item 1 that you're violating if you're joining using your cyberjaya home ID. The group members wanna know exactly who joined and who they're discussing with

Visited the site club house

1. Nice facade, condovilla concept not bad and do bring higher profile for the condo, workmanship of clubhouse and villa show unit looks ok. Showroom decent. Very windy probably due to higher ground.
2. Price consider quite attractive and package investor friendly
3. Con of tandem carpark for 1300 sf unit and if investment opt for lower price but with afternoon sun or sunset view (whichever you prefer to call it)
4. Surrounding very very quiet, where are the students? The 2 row of shops, is it Domain, nearby no vibrancy at all (due to puasa month?) 
5. D'Pulze does not look to be at very advanced stage of completion with vp next year and this is supposed to be the first biggie scale commercial in Cyber. There will be Citadines hotel there too. Why they so slow even after fully sold out?
6. Serin was launch at RM330psf, as per what SA told me and look set to VP before D'Pulze. So if subsale price match the launching price of Cristal, the appreciation is about 30%. Was Serin sold as targeted for students? If yes, there should be some migration of students who can afford the rental from the older D'Melor/Cyberia. What is your view on your neighbour condo being student town?
7. 1500 sf units sales looks pretty slow moving implying low own stayers but saw a cluster of 1500 sf units on top 3 floors so those sure own stayers

For own stay, good if able to accept the travelling if working in KL, MEX toll one way is RM2.50*2 Commercial depend on success of D'Pulze and Pangea and more residence coming in
For rental, can target families but will not be attractive given the supply in Cyber. To rent to student seems "sayang"
For price appreciation, 20% to possibly 30% after 3 years should be achievable but may take long time to find the buyer given the huge supply coming

The biggest concern IMHO is the future competition to rent out and to sell if meant to flip, going to be very tough competition. Chinese saying : got price but no market. Limited tenants and buyers with so many choices to choose from.

Cyber is a town with great planning, first class infrastructure but when you drive around its so quiet, just lacking the human traffic vibrancy. So the future is again depend on the one million dollar question, will demand catch up with the supply. The supply is certain with all those under con projects. The demand is also coming but how fast and how strong as given the current high property prices and high cost of living in Cyber?

Again, for own stayer, good choice...

Big Condo? 30% risk. But I believe big condo will fill the price gap, between luxury HER & small SOHO.

The situation now? 瘦田没人耕，耕开有人争。。。

There are already Cyberjaya HER rush. My friend still KPKB not buying Symphony Hills RM 1+ M, now asking RM 1.4+ M

Exclude MCT Lakefront due to high density, big condo units are quite less.

瘦田没人耕，耕开有人争。。。

Congrats to all the pioneer farmers, sure exceptional returns in future

There is not enough affordable housing in CBJ, there are already large centers for MNC like HP, IBM, SHELL and DHL operating there, of course if more MNC are coming to CBJ it will build critical mass required to build a city.

It is a vicious cycle, not enough residents will make it difficult for the shops to survive. And without amenities, people will prefer to stay in puchong, USJ, subang, kota kemuning, cheras, kajang and bangi. So CBJ will only have people during daytime but will be very quiet at night.

Let see how SP Setia handle it ....

I wonder when SP Setia will release information on their plans for Cyberjaya City Centre...

Join us already?  https://www.facebook.com/groups/cristal.residence/

Facebook
http://www.facebook.com/pages/Why-U-buy-Cy...341503902650319
Cyberjaya Home http://www.facebook.com/cyberjaya.home

To compile Cyberjaya Photos @ Lowyat!

[attachmentid=3555541]

How much is the 13xxsqft unit facing Putrajaya, mid floor, after discount?

My unit is exactly what you're asking for. My calculation below includes my V Club 10k voucher. Just deduct that if you do not have the voucher.

Level 12, facing Putrajaya, 1302 sq ft:

SPA Price 653,000.00
To Pay 10,000.00
Discount 55,300.00

Price After Discount 597,700.00

V Club 10,000.00

Nett Price 587,700.00

Cash Rebate (4.5%) 26,446.50

Investment Price 561,253.50
Price psqft. 431.07

Above prices is with assumption of loan margin below 90%. If loan margin is 90%:

SPA Price 653,000.00
To Pay 10,000.00
Discount 55,300.00

Price After Discount 597,700.00

V Club 10,000.00

Nett Price 587,700.00

Cash Rebate (5%) 29,385.00

Investment Price 558,315.00
Price psqft. 428.81

one of the cheapest large size condo in Cyber. Good buy. U bought it for own stay?

50/50 for now..

How about your Facebook kaki?

Percentage of investment & own stay?

i think quite even.. most of us are 50/50 type.. wanna wait and see 3 years later how lor..

http://www.straitstimes.com/breaking-news/...-rents-20130801

Wave of new condos drives down rents
They are expected to drop further with a surge in supply of homes this year

A WAVE of newly completed condominiums is bumping up the supply of rental homes in the market, forcing landlords to lower their asking rents to beat the stiff competition.

More cuts might be on the way as the number of private homes to be completed this year is projected to jump 62 per cent from last year, property consultants say.

At NV Residences in Pasir Ris, which obtained its temporary occupation permit (TOP) in January, landlords of three-bedroom units have lowered asking rents from $4,000 a month to less than $3,500 a month, said Mr Chris Koh, director of property consultancy Chris International.

Homemaker Angelin Loh, 46, who bought her 1,184 sq ft three-bedder there for $1.07 million in January last year, said she was unable to lease her unit for three months after collecting the keys in February.

She found a tenant only after slashing the monthly rent from $4,000 to $3,200.

Ms Loh noted that the rent was just enough to cover her monthly mortgage instalments.

Data from the Urban Redevelopment Authority (URA) last week showed that residential rents rose 0.3 per cent in the April to June period from the preceding three months, the smallest rise in five quarters.

One key reason is the surge in supply. Experts say 16,742 private homes are expected to be completed this year, up from 10,329 units last year.

Around five large-scale suburban projects have obtained TOP in the past six months, adding about 2,600 units to the supply, said ERA key executive officer Eugene Lim.

Even asking rents at older projects are being slashed, added Mr Koh.

Three-bedders at Dakota Residences at Old Airport Road, which received TOP in 2010, have been rented out for $4,700 to $5,000 a month, below landlords' expectations of $5,000 to $5,200, he said.

Next door, at Waterbank@Da-kota, which was completed last month, rents for similar units have also been advertised for $4,700 to $5,000.

Despite lower asking rents, data from CBRE Research shows that the number of new leases signed remained healthy in the second quarter, rising 16 per cent from the previous quarter.

This could be due to demand for interim housing from home owners waiting for construction of their new homes to be completed and from those whose homes have been sold through collective sales, CBRE Research said.

Experts said that given the jump in supply, investors should exercise caution if they wish to buy new units in the suburbs.

They warned that the demand for rental units outside the central region has yet to be tested.

"We might see more expatriates coming to the regional hubs when they are completed, but it will take time for newly completed projects in the suburbs to attract sufficient demand from expatriates," noted R'ST Research director Ong Kah Seng.

Recent URA data showed that suburban mass-market homes made up three quarters of new home sales last month.

SLP International executive director of research and consultancy Nicholas Mak also noted that home owners who have taken up floating interest rates for their mortgage loans might be stretched financially due to potentially higher mortgage rates in the pipeline.

Landlords faced with weak rental demand for their units will still be able to attract tenants if they are willing to price their units below the competition, said Mr Koh.

Mr Mak added that landlords can also consider throwing in incentives like a fresh coat of paint for the unit or furnishing for free.

"It's between deciding how much you want to spend to get that additional rent and simply lowering rents to get a tenant," he said.

So in your terms, a property that sells faster during its launch is better? So the herds of ppl queing up to buy a condo is a clear reflection of the potential future returns from an investment sense? Have you heard of the term 'herd mentality'? Have you heard about 'economic cycles'? Did you notice the sudden rush by developers to open up their land banks and sell off developments? Do you really know whats happening in the back-ground? Please research the property crashes in US and other parts of the world and tell me what happened before the crash. You would be very surprised at the similarities. I think you need to read more about micro and macro economics and understand how the financial system ties into everthing.

If you have a similar inner circle of friends as i do, you would be posting comments along the same lines as i do and not the typical developer ultra positive talk which we have so often been subjected to.

Spend some time reading this thread:
https://forum.lowyat.net/topic/2889415/+360

Some of the furumers here are actually ppl in high society. They use nick names for obvious reasons. If you could connect who they really are with their comments, you wouldnt be so confident about a developments future potential purely based on the length of the queue.

Cheers!