QUOTE(twincharger07 @ Sep 30 2014, 07:00 PM)
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..
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?
This post has been edited by propertyMontKiara: Oct 1 2014, 02:44 AM