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Investment CYBERJAYA - Next Phase of Growth, Rebooting CYBERJAYA

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twincharger07
post Jun 10 2014, 08:16 AM

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QUOTE(qq.pippi @ Jun 9 2014, 09:58 AM)
I like the former comment. However, for the latter, Cyberjaya is really targeting Asia Pacific market which means MNC. It rely a lot of MNCs and local MSC status companies to be successful.

Another thing is, our government has put too much money into it to make it a failure. In the past 10 years, they claimed that they are building the infrastructure and commercial premises. It also couldn't hide the fact that only both Cyberview and Setia Haruman were monoplying the development of Cyberjaya, which doesn't really quite workout. they had started open up the development to private developers. Look at the list of the private developers who are stepping in SP Setia, Mah Sing, Villamas, Gadang, Teeland and many more. They are not fools! Cyberjaya will be a hit in the future... it's not a distant future too...
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imho, big developers like SPS, MahSing, UEM and Paramount who are more experienced, know how to build better concept and exclusive products. they have the advantage of getting bigger plot of land and build landed properties and little highrise, creating a much more balance township. Glomac build lowrise shoplot instead which are more traditional but yet quite functional, rather than building all sort of shoe box highrises

Small and less well known developers are the one flocking in building all sorts of highrises, imho, trying to maximize profit and not so much of creating concept and balance for the environment due to the limited land that they have n most only got commercial land. Villamas is just small time developer comparing those bigger brother. why big developer dont build all sorts of soho studio sovo sofo in cyber? they do build smaller highrise but most in KL urban area but not cyber.. I am just afraid too much small developer coming in n spoilt the soup.

depending whose product you are buying.
twincharger07
post Jun 12 2014, 12:48 AM

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QUOTE(blowwater101 @ Jun 11 2014, 04:35 PM)
They emhasize on lifestyle and target different market segment....

Apple products so exp but still got many ppl buy, and Apple wont lower down their price to compete with the hot selling Xiaomi
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and apple is losing market share to koreans n chinese..
even bmw, merc n audi have to break the tradition, making B & C segment, sub 200k cars to compete..
just wait n see apple will produce budget phones or not..
twincharger07
post Jun 12 2014, 12:50 AM

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QUOTE(xyyap @ Jun 11 2014, 10:46 PM)
U vs twincharger.

Love it @ hate it.
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in forum, we agree to disagree.. nothing personal..
twincharger07
post Jun 14 2014, 10:28 AM

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QUOTE(Solstice1602 @ Jun 12 2014, 01:33 PM)
smile.gif totally agreed !!! smile.gif
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hp campus never had 10,000 employees as stated before, only a few thousand currently.. heard there will b a global retrenchment for Hp

like some other said, hoping cyber turn into another residential township rather than IT hub, but too many shoeboxes around n not many demand if there is not enough high pay executive. likely students with deep pockets might be able to afford..

can you tell me example of it office in tpm tat is shifting to cyber?
twincharger07
post Jun 14 2014, 11:26 AM

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QUOTE(blowwater101 @ Jun 14 2014, 10:56 AM)
10000 employees ?!! Never.... wink.gif
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Yes.. they planned to have 10k staff when they set up the office, but it nvr come close to that number..
twincharger07
post Aug 28 2014, 06:39 PM

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QUOTE(xyyap @ Aug 22 2014, 08:18 AM)
Cyberjaya to be elevated to global technology hub:

http://www.iproperty.com.my/news/9117/cybe...-technology-hub
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FYI.. Ericsson is moving its office to Sunway Pinnacle (MSC status building) this year and close down cyberjaya office.

twincharger07
post Aug 28 2014, 09:04 PM

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QUOTE(Soros007 @ Aug 28 2014, 08:09 PM)
Ppl come and ppl go that's normal in bz.
Btw, how many employees are with Ericsson?
I noticed that not many cars in their office anyway.
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not quite sure.. they are regional hub for apac, also having local customer like maxis celcom telekom etc.. selling 3g 4g switching and basestations.. having 100,000 employees worldwide.

they have basement carpark n open air carpark

This post has been edited by twincharger07: Aug 28 2014, 09:06 PM
twincharger07
post Aug 28 2014, 09:56 PM

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QUOTE(Iam Power @ Aug 28 2014, 08:19 PM)
tpm and bangsar south has msc status besides cyberjaya, if im nt wrong...
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KLCC, Sunway, KL Sentral, kLIA, Port Klang, MidValley, menara TM, jaya33, bandar utama.. etc etc
even Puchong PFCC at bandar puteri.

list..
http://www.mscmalaysia.my/locations_cyber


this is interesting
http://www.mscmalaysia.my/relocation

The change is as follows:

MSC Companies now have the option locate to non-MSC designated commercial buildings within an approved MSC boundary
Companies that take up this option will be required to waive BOG 1
These companies will continue to enjoy all the other 9 benefits conferred by the BOG
The implementation of this revision is effective from January 1, 2012

This post has been edited by twincharger07: Aug 28 2014, 10:03 PM
twincharger07
post Aug 28 2014, 10:17 PM

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QUOTE(MrHunter @ Aug 28 2014, 09:46 PM)
There are also companies moved or moving in. I think, it is very common in biz world. The ultimate net number count,  not individual plus or minus. Having said that, i think Cyberjaya needs to do more to retain and attract companies and residents. Cyberview....put more efforts! Lol.
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Yes, government need to do a lot more.. it seems MSC status is not exclusive to cyberjaya anymore..
lots of companies setup in cyberjaya during the early days due to

Provide a world-class physical and information infrastructure.
Allow unrestricted employment of local and foreign knowledge workers.
Ensure freedom of ownership by exempting companies with MSC Malaysia status from local ownership requirements.
Give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to
Provide competitive financial incentives, including pioneer status which gives 100% tax exemption for up to 10 years or an Investment Tax Allowance for up to 5 years, and no duties on import of multimedia equipment.
Become a regional leader in intellectual property protection and cyberlaws.
Ensure no Internet censorship.
Provide globally competitive telecommunications tariffs.
Tender key MSC Malaysia infrastructure contracts to leading companies willing to use the MSC Malaysia as their regional hub.
Provide an effective one-stop agency - MDeC.


The 100% tax exemption was a good move to attract company having MSC status n IT company rush into cyberjaya during the 90's n 2000..

but with these days where alot of places offering MSC status office n even non-MSC office can be use for MSC company, competition to lure MSC status company to their premises increased. Big names like SAP, Accenture, Huawei, ZTE, Nokia, Siemens, Alcatel still base their office in KL n PJ.. Huawei only have a small office in Cyberjaya..

When MSC incentives are offered anywhere, Cyberjaya really need to promote hard on infra, transport and amenities to attract and retain big companies..

This post has been edited by twincharger07: Aug 28 2014, 10:22 PM
twincharger07
post Aug 29 2014, 01:39 PM

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QUOTE(ibbrio @ Aug 29 2014, 11:33 AM)
so the only reason companies operate in cyber is cheaper rental compare to those near KL even though same MSC status? but most outsourcing services company operate from near KL unless they do manufacturing
perhaps eventually more manufacturing plants to be set up in cyber like aircraft assembly, etc.
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which sentence say cyber is cheaper?
twincharger07
post Aug 29 2014, 05:27 PM

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QUOTE(ibbrio @ Aug 29 2014, 03:53 PM)
what i meant was if few places offer MSC status among others like cyber then why would company go to cyber? so could it be cheaper rent eg compare with sunway, PFCC as example? or special incentives being given to them by government or the land owner for them to build their building in cyber?
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abit confusing with your initial post.. nvm..no idea..

This post has been edited by twincharger07: Aug 29 2014, 05:27 PM
twincharger07
post Sep 29 2014, 11:08 AM

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QUOTE(Soros007 @ Sep 29 2014, 06:14 AM)
Bro Fendi - so many soho in cyber.
How do we make sure oversupply wont happen?
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herm.. my fren just get his key for dPulse..
he mentioned owners are struggling to get tenant as locals are not willing to pay as much as RM1500 to RM1800 for studio. Majority owners are investors..
For RM1500 are short stay like 3 months which is quite a risk for long term..

Despite what being mentioned by Fendi, working population increased by 20k from 50k to 70k, dPulse being the very few completed studio units having difficulty in getting tenant.
Given the amount of 500sqft-ish boxes completing by the few thousand units in the next 2 years, seems pretty challenging.

The studio/soho frenzy started since 2012, a year has passed and 2 more years to go before everything complete in one go.. lets revisit again in 2 yrs time..

twincharger07
post Sep 29 2014, 11:56 AM

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QUOTE(Fendi_Property @ Sep 29 2014, 11:50 AM)
Ya, completion for TS is 2018, it's a completely different ball game altogether in 2018 compared to today, look up the projected companies, population and numbers in 2018 and hereafter, market is there, thats why 410 units out of 447 units sold in less than 2 months

Condos? afraid oversupply
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I think we are talking about Studio and Soho over supplied
mind you Ericsson is leaving Cyberjaya by year end

This post has been edited by twincharger07: Sep 29 2014, 11:57 AM
twincharger07
post Sep 29 2014, 01:54 PM

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QUOTE(Fendi_Property @ Sep 29 2014, 01:43 PM)
Where did u hear Ericsson is moving? Any source? Nevertheless, there are countless companies coming in though plus existing companies with 'brain-workers'
Ericsson has secured leasing in Pinnacle Sunway..
They had announced last month about the relocation and moving by year end. You may ask Sunway if you want to.

Paper can write all they want.. I have been for more than 10yrs studying and working (occasionally few yrs assigned to abroad), no doubt there are more ppl coming in by 2 digit percentage but the amount of supply coming in the next 3 yrs is too much especially all the smaller units increasing exponentially

Your view based on newspaper, but I am seeing from the field.. we will revisit again after 2 yrs down the road.
twincharger07
post Sep 30 2014, 11:37 AM

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QUOTE(neoexcaliber @ Sep 30 2014, 08:22 AM)
I've studied, lived and worked in Cyberjaya for 10 years and I don't get why you guys keep using the working population as a gauge. Almost all my local friends and acquaintances working in Cyberjaya don't live there. Even the foreigners preferred to stay outside Cyberjaya thanks to the DTS buses, or has the situation changed in the last few years?
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Another Cyberian been here for 10 yrs.. yea, I share the same view.. I have been here since 2000 studied and work, but I live else where even now..
twincharger07
post Sep 30 2014, 06:53 PM

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QUOTE(STEVENKK @ Sep 30 2014, 11:44 AM)
Things can change.  Look at Puchong today compare to 20 years ago.   I still remember when I bought my house in Puchong back in 1993, my relatives and friends said are you crazy or stupid?  Today,  they said I am lucky to own a house in Puchong.
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Puchong has 1 winning formula.. AFFORDABLE LANDED houses during the early days..
what does Cyberjaya start off with => expensive highrise and thousands of shoe boxes..

Puchong have mix of low end and high end houses, catering majority of the ppl who fall in low to middle income group and some high income ppl
Cyberjaya, even studio cost 200k and above, all landed are highend..

Puchong started off with majority owners wanted to buy for own stay
Cyberjaya, full of investors who hope "other ppl stay my place n pay me"

so Puchong and Cyber comparable?

This post has been edited by twincharger07: Sep 30 2014, 06:54 PM
twincharger07
post Sep 30 2014, 07:00 PM

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QUOTE(cfa28 @ Sep 30 2014, 06:39 PM)
I think for many young(er) investors, studios represent the only new property which they can buy without high cash upfront.

Just hope that they have holding power when VP is out and they cannot rent out. How long can they hold when full instalment is due, 6-mths to 1-year perhaps?
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for studio owners need to prepare to take a loss, rent with -ve cashflow to minimize the damage until rental can keep up with selling price.. but dunno subsidizing the losses until when.. 10 years?

I couldnt increase the rental for the last 3 yrs as rental yield is pretty stagnant and dont foresee it will be better with tonnes of supply coming into the market.. someone mention Z residence optimistically can rent RM1500 for family unit.. how on earth cyberjaya studio can rent for rm1800 in next 3 yrs..

some thing to think of..
twincharger07
post Sep 30 2014, 07:01 PM

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QUOTE(cfa28 @ Sep 30 2014, 06:58 PM)
but today, studio / shoebox in Cyberjaya cost almost RM400K to RM500K

So 100% gain for the early birds, not too bad but to enter market now is caveat emptor
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paper gain but any realization?

how much dPulse subsale price right now?
twincharger07
post Sep 30 2014, 07:06 PM

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QUOTE(cfa28 @ Sep 30 2014, 07:05 PM)
the SA for Pangea (don't know how to spell) said can, many MNC, Call Centre and MMU students and staff

Plenty of demand for Studio as many older apartments are quite run down, etc
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I believe them too
twincharger07
post Oct 1 2014, 08:03 AM

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QUOTE(propertyMontKiara @ Oct 1 2014, 02:40 AM)
Z Residence in Oug/Puchong or wherever it is,  is not fair comparison made with Cyberjaya. It's two difference location with different business and economic activities. Do you think it's fair to make comparison between the Condo in Oug/Puchong's with the one in U-Thant Residence KL? NO right?

Cyberjaya is expensive because it has MNC companies and has economic activities, just like KL has alot too.

I am seeing 2 possibilities here from naysayers:-

1) 1st possibility is that these group of people are trying to put down CBJ deliberately for vested interest

2) 2nd possibility is that these group of people are so closed-minded and choose not to look at the big picture of what CBJ can provide them in the future.  They will find 101 reasons to say bad thing about CBJ EVEN THOUGH they are given the 1001 good things about CBJ. WE tell them CBJ has the most complete infrastructure in the whole of malaysia, they will respond,saying no cafes and chill out place" in cbj, then when the cafes are opened non-stop here in CBJ, they will come back with "no malls" in CBJ, after 10 malls are planned within CBJ ( d pulze, IOI resort city mall ), they will come back with "no pork" story in CBJ, then when pork is available in CBJ, they come back again with "no liquor" stupid reason. and then when liquor is allowed already, they will come with "cbj houses" are too expensive,..it's just never stop.....for those who never own one, you will regret later for sure.

Cyberjaya was coined as an intelligent city for a reason...how can it be intelligent if those things you claimed do not exist? it's just a matter of time Cyberjaya will have everything. In fact as you know, Cyberjaya has so many things that other mature city do not have at all.....6 major highways connected to the city, future MRT, high speed train, fastest fibre optic in the country, wifi enabled across the city, greenery reserved within the city, well planning surrounding areas through zoning, ample malls coming up, premium outlets, world class universities, people and culture diversity, KLIA proximity,well-known BIG MNC companies, serenity, pollution free, green buildings, 24/7 power grid, new f&B outlets opening every month, etcccc

Assuming if one or two valid thing you can come up that do no exist in Cyberjaya the next 1 or 2 years, don't you think living in CBJ still worth it?  smile.gif
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been here for 10 yrs, ground observation.. as simple as that.. wink.gif
we are moving too far away from my point which are studio n soho..
and what is the prospect of thousands soho n studio in cyber in your opinion?

This post has been edited by twincharger07: Oct 1 2014, 08:15 AM

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