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Investment CYBERJAYA - Next Phase of Growth, Rebooting CYBERJAYA

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greenstuff
post Jul 5 2013, 10:27 PM

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I would suggest those who are not familiar with Cyberjaya to go there and observe first. Previous residential properties like Cyberia, Crescent and Domain is past. No developer ever allowed to develop Cyberjaya five years ago, do u know that? Look at who is the developer for those old condos.

Most people would love Cyberjaya if you happen to stay there starting year 2015, I m bored of hearing people say:Cyberjaya said to be boom 15years ago but still a ghost town. Please do your homework. Look at when Cyberjaya properties really shines. The township is so organized where u dont find it at ther cities, and it's highly accessible & very convenient. Sibehfar-jaya? Give it five years, let the undercon projects complete and we shall make conclusion later.
Cheers!
greenstuff
post Jul 6 2013, 09:53 AM

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QUOTE(Soros007 @ Jul 6 2013, 07:13 AM)
Which project u bought bro?
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Bro, Serin & Garden Residence
greenstuff
post Jul 6 2013, 09:56 AM

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QUOTE(puchongite @ Jul 6 2013, 08:02 AM)
Even though you are so pro cyberjaya, but your post clearly indicated that cyberjaya is not "there" yet ***NOW***.

5 years later we will continue to find reasons why it is not there yet.
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Five years later we shall discuss why people didn't buy Cyberjaya and regretted.

Anyway you are right, Cyberjaya is not there YET. Because if it does, I don't even have chance to buy.

This post has been edited by greenstuff: Jul 6 2013, 10:03 AM
greenstuff
post Jul 6 2013, 10:44 AM

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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.
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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
greenstuff
post Jul 6 2013, 09:26 PM

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QUOTE(puchongite @ Jul 6 2013, 06:52 PM)
Haha it's interesting that you use the day population in cyberjaya as indication of demand. This is where I have different views.

For me the day population is not indicative of the demand. As long as there is a big difference between the day population and the night population, ie there is something which is missing in cyberjaya which causes the day-night population leakage. As long as this is not fixed, then no matter how big the day population is, it is not going to have much bearing with the staying demand.
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Yes. The cause of day-night population leakage is the amenities. That's why I supported my statement with current occupancy rate and FYI the rental is relatively high because of the demand-supply.

IOI putramall, D'Pulze, Pangea, SkyPark and SP's Cyberjaya City Centre are what interest me. If there's no demand, I don't think IOI group build SEA largerst mall in Putrajaya and SP to build 6.3B project there. So like what I say, the city is correcting itself now. Too many job opportunities and no place to stay, more residential props need to be built to support the day time population to stay at there itself. I personally transferred to work in Cyberjaya last year and I was amazed at the city planning, i don't find it in any other cities. I m currently staying at North KL and I slowly find out the facilities development is more towards South, maybe we still can wait and see how it goes when D Pulze with cinema complete?
greenstuff
post Jul 8 2013, 10:02 PM

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QUOTE(xyyap @ Jul 8 2013, 09:58 PM)
Government need not money to BBB.

One X factor kicks in like: High Speed Train with MRT integration to KL...

Public money will come in to BBB...
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Now got DTS ma, only RM210++ a month, ERL RM280+ a month.

MRT is like 2020thingy, too far to discuss. But high speed train makes my eyes shine shine like a diamond in the sky

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