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Investment CYBERJAYA - Next Phase of Growth, Rebooting CYBERJAYA

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neoexcaliber
post Sep 30 2014, 08:22 AM

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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?
neoexcaliber
post Sep 30 2014, 09:39 AM

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QUOTE(Fendi_Property @ Sep 30 2014, 08:55 AM)
Ya maybe because there are not many proper residences in Cyber yet. Rumor has it after 5 or 10 years, people will accept and start saying 'Oh,its ok for me to live in Cyberjaya', most probably when they start to witness all the 'bring to life' malls, retails, shoplots with good tenants, buzz,some nightlife etc.

But definitely take longer time for the numbers to mature and the momentum to pave its way.Same thing as those people who are very negative of Puchong when it was still a 'tanah merah' (red soil) land few years back, people are laughing hysterically to Puchong investors and habitants because they claimed why stay in a dead town? Ya as much as we hate Puchong, sentiment is high u know why, we cant deny that property there has boomed.Same goes to Semenyih

U cant compare lousy infra in a lot of places in KL Centre n Selangor to 'lets-get-it-right-at-the-first-time' infra in Cyber. After all Cyber is not Sekinchan, Kuala Selangor or Seremban which are far off compared to Cyber,where a lot, I mean really a lot of things to do n rectify.

It is definitely the future market, we cant predict the future but look at the indicators which is already there.

N as a smart investor,we dont enter when everything already matured,prices qlready skyrocket and old investors ady making money,we enter when its still a dead town with bright future, remove the stigma that Cyber wont have a future, and we enter when the numbers and ongoing trends foresee a turnaround, thats where yr ROI or ROC maximizes

Theres a funny article few days ago how Gen-Y cannot afford 600k properties in Msia and what they do? They work their asses off and save save save until they hv the enuf amount of money, and what happens after few years ? Property already increased to 800, 1m ! smile.gif
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No doubt it's a waiting game, but isn't the working population in Cyberjaya tied to the outsourcing/call centre industry?
I'd say the average salary is between 3-4k per month for the bulk of the Gen Y workers there. Can they really afford to buy/rent in Cyberjaya? How much is a room rental nowadays anyway? Cyberia used to be around RM 350-400 for a middle room. hmm.gif

A few days ago, someone posted about the booming outsourcing industry in the Phillipines and wouldn't that affect Cyberjaya as well?
neoexcaliber
post Oct 1 2014, 07:15 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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Actually, it's the other way around. We think there are a group of people deliberately propping up Cyberjaya for their own vested intersest. laugh.gif

Many of us have lived and worked in Cyberjaya so we're a bit skeptical when it comes to investing in Cyberjaya. No doubt it's a nice place to live, otherwise I wouldn't have been there for 10 years. Quiet suburban with lots of delicious, diverse cuisines. drool.gif And to those of you who are planning to live there, please note that some of us are asking these questions from an investor point of view.
neoexcaliber
post Oct 30 2014, 04:31 PM

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QUOTE(mingyew @ Oct 30 2014, 02:43 PM)
In the plan, siber even have LRT.
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Which plan are you refering to? I wasn't aware there was gonna be LRT in Cyberjaya. I thought it was supposed to be an extension of the proposed Putrajaya monorail which hasn't kicked off?

This post has been edited by neoexcaliber: Oct 30 2014, 04:38 PM

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