QUOTE(puchongite @ Jul 6 2013, 10:05 AM)
I am not able to see what's happening in Cyberjaya 5 year down the road.
But yes, the current development in there is very fierce. So many launches. If 5 years now the road all of them which are VP-ed are all taken up for own stay or rent out, I think Cyberjaya can say it has made it.
But we don't forget there is also a possibility that it might have oversupply. People are telling me some of those condos are having low occupancy rate, even at this moment. But I am too remote to know if that is true.
Yes bro, me too worrying low occupancy rate. But when I do my research around, all Cyberia owners were happy because their units never vacant for more than a week, maybe the guy he told you see different thing? The master developer SA shows me the population statistics : daytime population 53k and existing residential is 4.5k, in 2016 is 22k. Maybe I m a mathematics person, I think it has not oversupply at the moment, even in year 2016 when most highrise is complete.
Haiz, I have underestimated Puchong and MK as I didn't even see daytime population at that time. But what in Cyberjaya now is different, there are more than 500 MNCs company and for eg Shell alone has 3,000 employees working there. Many stay out of Cyberjaya because there's no decent place to stay but slowly u can see now people move in to stay at Summer Glades, Garden Residence and Serin(next year) and etc. They can afford to pay the price, and I think the price is still reasonable. Every VP takes time to occupy most of the units, just tht Cyberjaya needs extra attention esp Pangea/SkyPark VP. The density of those projects are scary :S