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Investment CYBERJAYA - Next Phase of Growth, Rebooting CYBERJAYA

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DrPitchard
post Jun 20 2013, 05:07 PM

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QUOTE(siakap5 @ Jun 20 2013, 04:51 PM)
3 years ago I said no . today I say BIG NO !

10 years later I don't no but most probably also NO . I seldom wrong . Not sound arrogant but big NO .
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Don't really understand why you are shouting out loud and screaming NO. Price has appreciated over the years, especially the past 3 years. I've profited quite some money FROM the past 3 YEARS (paper gain) and certainly look forward to profit more moving forward.

You are interested in lose making properties only? That's interesting.
DrPitchard
post Nov 12 2013, 03:11 PM

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QUOTE(MiLKTea @ Nov 12 2013, 02:13 PM)
where got force...i just hope ppl make an informed vote, and not simple vote because they hear from people...

anyway the vote actually doesnt mean anything lah, it's just a perception...
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LOL. More often than not, perception is everything. If the general population feels that telco X is very expensive, then they will just shy away from it and not use it, although in actual fact, it might be one of the most affordable ones in the market. It's a catch 22 situation.

Simiarly, for Cyberjaya, if people don't feel it's happening, especially those KL folks or Malaysians in other parts of the country (Penang, JB, Kuantan...etc), then they won't invest. Don't expect them to travel all the way to Cyberjaya just to take a look to understand better before deciding to invest.
DrPitchard
post Nov 16 2013, 04:21 PM

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QUOTE(noblebaby @ Nov 16 2013, 09:26 AM)
KUALA LUMPUR: OSK Property Holdings Bhd says the Budget 2014 announcement on the increase in the real property gains tax and curbs on the developer interest-bearing scheme won’t affect sales of Eclipse Residence, its upcoming development.

Sales and marketing assistant manager Candee Lee said the budget announcement would not impact sales, as the development was strategicly located in Cyberjaya.

“The apartments are located in the vicinity of educational institutions and multinational companies, and are accessible to major cities,” she told StarBizWeek.

As part of the 6.47ha mixed development called Pan’gaea with a gross development value (GDV) of RM1.2bil in Cyberjaya, the Eclipse Residence is the third phase of the development. Phase 1, launched in 2011, comprised small office, flexible office and boutique retail shops, while the serviced apartments under phase 2 were launched in 2012.

Eclipse Residence consists of two blocks of 668 freehold partially furnished apartments on a 1.17ha site. It has a GDV of about RM400mil.

Priced from RM363,800, the one to three-bedroom units come in four different layouts and measure 450 to 990 sq ft.

A public preview of the apartment units began yesterday and will run till Nov 24.

The project is slated for launch in January next year and is expected to be completed in the first quarter of 2018.
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Even after discount, it's RM768 psf. Buyers of the latest phase really need all the luck they can get if they are looking to rent it out.
DrPitchard
post Nov 16 2013, 10:46 PM

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QUOTE(LSIm @ Nov 16 2013, 07:15 PM)
Look like many Malaysians working in Singapore are buying properties in Cyberjaya. Just got to know my friend's brother is one of them...
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I guess there is still a good number of Malaysians working in Singapore who would like to still come back one fine day and retire in Malaysia. Well, I would if I were to be in their shoes. After accumulating some money, might as well come back here and live a more luxurious life then in compact Singapore. Makes perfect sense especially if children also grown up and have gone abroad to study or work. A nice, gated and guarded semi-D is around RM1.5mil in Cyberjaya, that's around SGD600k. For SGD600k, you WON'T be able to get a condominium (private development) in Singapore. All you'll be able to buy is a HDB apartment. Condo's in Singapore are easily SGD1,000psf+. And yeap, they are all leasehold.

What's not to like about Cyberjaya for Malaysians working in Singapore? It terms of layout and environment, I believe it will be the closest to that of the one Singapore has.
DrPitchard
post Nov 16 2013, 10:48 PM

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http://www.propertyguru.com.sg/listing/hdb...e-link-14754014

A very good example with what you can get with RM1.5mil in Singapore. Less than 1,000 sqft and it's a HDB only.

Singapore will be nice to live if you are still earning and net worth growing, but if you've retired, and it's money going out, I rather have money going out at a pace that is not so fast...

This post has been edited by DrPitchard: Nov 16 2013, 10:52 PM
DrPitchard
post Jan 13 2014, 07:10 PM

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[quote=GingerWhinger,Jan 13 2014, 02:11 PM]
I support Cyberjaya to have a Hard Rock Cafe.
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[/quote]
I support 110% too. All the expats working here would love it. Already my colleagues are choosing to relocate from KL to stay here especially ang mohs because they are not used to our traffic jam and prefer to stay nearby - can walk/cycle... just an observation
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[/quote]

It's quite ridiculous to have a Hard Rock Cafe without alcoholic drinks. I don't think HRC will want to be in Putrajaya if it has to change its image (do without alcoholic drinks and head banging live music). It's like asking McDonalds to not sell burgers but sell rice instead, if they want to setup an outlet in Terengganu. Da fuq.
DrPitchard
post Jan 15 2014, 04:59 PM

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QUOTE(Ardt @ Jan 15 2014, 10:58 AM)
One of my friend recently moved to his Cyber condo/apartment (the one at the back where most student resides).

Surprisingly, he moved there from his other home, a nice fully renovated semi D in Kip Park at Pulau Meranti. Means, he and his family is downgrading.
Why? Well according to him, nobody wants to rent his place in Cyber while having to fork out money to pay the bank monthly. But he manage to find tenant for his home in Kip Park.

Personally, I think cyber is full of working people during daytime, but very less stays there.
Maybe SP Setia will change all that.
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Thanks for sharing. Not surprising and very true too. I will most probably take the same route if I can't rent it out. Don't mind travelling to KLCC on a daily basis, a fresh place is always good. Alternatively, if lazy to shift, then I'll flip it and go below market value.
DrPitchard
post Feb 13 2014, 10:44 AM

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QUOTE(noblebaby @ Feb 13 2014, 10:00 AM)
D'pulze confirm will b crowded.
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Confirm is a very strong word indeed, considering that there are so many factors that are out of our/your control. Of course, I myself wish for the best but won't be too surprised if the response is just lukewarm.

QUOTE(blowwater101 @ Feb 13 2014, 10:13 AM)
FYI, travel to mid valley just need 20-30mins, from Seri Kembangan.
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Seri Kembangan shouldn't be tagged as 'southern part of Selangor', but rather Central. 'Southern part of Selangor' would refer to the Sepang and Kuala Langat district, the likes of Dengkil, Bangi and Banting. That being said, Cyberjaya should attract people from these neighboring cities, besides its own internal occupants. Nothing is built up in a day, will take some time.
DrPitchard
post Feb 13 2014, 09:13 PM

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QUOTE(xyyap @ Feb 13 2014, 11:15 AM)
Wish Cyberjaya transforming to Damansara alike, boom up the knowledge & service industry!
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Cyberjaya certainly has the potential. This conviction comes from the fact that there are quite a number of luxurious gated and guarded developments at Cyber. For businesses to thrive, and in return, drive the economy, spending power of the consumers is utmost critical. Bandar Utama and Damansara community by themselves will be able to sustain the 1U shopping complex and also all the high street shop lots. The prices of bungalows at Garden Residence or Sejati Residence are in the regions of RM3mil+.

Transportation is another critical key in the growth of an area. So far, the next phase of MRT is rumored to stop at Putrajaya, just short of Cyber. I suggest the whole Cyber community go and protest when the blueprints are out for public view and feedback. Pull the rails and extend it to Cyber, then only, we will be talking real business, as far as a development boom is concern.
DrPitchard
post Feb 14 2014, 10:59 PM

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QUOTE(ManutdGiggs @ Feb 14 2014, 05:21 PM)
Stil ok la. Signed for 3+3 so not too worry bout it.  laugh.gif
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Mine to share what is the rental yield in %? Just want to get a rough idea on the ROI for commercial property there.
DrPitchard
post Feb 15 2014, 10:45 AM

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QUOTE(ManutdGiggs @ Feb 14 2014, 11:27 PM)
Boss won't b too gd. At 5% but I'm happy with the appreciation.  nod.gif
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Hahahaha, you must be kidding me. 5% is actually very good in today's market already, don't you think so? Mine real estate investments are only fetching between 3.5%-4.5% with the exceptions of those that are under GRR. Yes, appreciation is always welcomed and would surely carve a smile on any investor.
DrPitchard
post Apr 6 2014, 11:05 PM

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QUOTE(blowwater101 @ Apr 6 2014, 04:40 PM)
"New project at Cyberjaya! This time, it is by Tee Land from Singapore. It is called 3rd Avenue which located right besides current Ericsson office. This Soho development comes with Promenade Bazaar which is good for workers to hang around.
Some units come with dual keys concept. Well, if you expect SG quality then you may have to bear SG pricing ha. 484sf 1Bedder around rm380k, 715sf 2bedder around rm580k, 980sf around rm920k (dual key with two pantry etc). Wow! "

Pinjam from Propcafe.net

[attachmentid=3919225]

[attachmentid=3919228]

[attachmentid=3919230]
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Thanks for sharing.
Wow, that's really pushing the limits, RM800psf+- for a studio unit.
For it to be really sustainable, the master developer has to quickly develop the supporting facilities and amenities to justify the sky high price tag. And hopefully, investors who have units up for lease but are unable to get suitable tenants, move in themselves, thus, contributing to the growing population of Cyberjaya.
DrPitchard
post Jun 19 2014, 03:53 PM

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QUOTE(Soros007 @ Jun 18 2014, 11:42 PM)
Aku pandai jimat sejak Kecil..... R@$m@h....lol
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Ro$m@h tu jimat dari hari die lahir. Sehari menabung RM100, setahun boleh dapat RM36,500. Kali dengan 87 tahun, dapatlah lebih kurang RM3mil, boleh lah beli cincin gemuk yang die pakai kat jari die.
DrPitchard
post Jun 19 2014, 04:10 PM

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QUOTE(blowwater101 @ Jun 12 2014, 12:28 PM)


The campus is a branch of the Xiamen University in China and would be built at Salak Tinggi, near Sepang.

It is expected to be operational in September 2015.
Dpulze untung ??  hmm.gif
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D Pulze to the location of the proposed Xiamen University at Salak Tinggi is approximately 20km. That's quite a distance in my opinion. It's like going to Mid Valley from Shah Alam...hmphhhh
DrPitchard
post Jun 19 2014, 04:32 PM

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QUOTE(xXwasabiXx @ Jun 11 2014, 04:17 PM)
why osk pangaea so expensive huh? got gold?
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Got mine (Solstice @ Pangaea) for RM280k nett for a 450sqft unit (about RM620+psft). I thought that I would be killing myself with such pricing. Recently drop by Third Avenue road show at The Mines Shopping Mall. RM350k nett for a 484sqft unit (about RM710+ psft). That's way crazier, considering its just a small development (relative to Pangaea)

http://3rdavenue.my/demo/development.php
DrPitchard
post Jun 19 2014, 06:05 PM

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QUOTE(blowwater101 @ Jun 19 2014, 05:47 PM)
ohh....enlightening...

which one is the nearest mall for Xiamen U students ? they need entertainment right ? hmm.gif
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Well, true, they need entertainment and also need to do their shopping. Interestingly enough, the shopping mall at KLIA2 is just as big as D Pulze (400,000 sqft of leasing area), and is almost about the same distance, 20km.
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