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Investment THE CLIO RESIDENCE @ IOI RESORT CITY [OT], Pamper you in a Resort serenity

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VT7
post Feb 12 2014, 10:22 AM

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QUOTE(Nidz @ Feb 12 2014, 07:31 AM)
As told by the SA, they have yet to fix the price for this project. But most probably will be around rm500-600 psf region. This puts the pricing of this development as similar to Dwiputra Residence in Presint 15, which is just 5 mins away.
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Hopefully la ... tot Dwiputra launched long time ago still got unit meh? Putrajaya vs ioi resort and alamanda vs. ioi city mall, clio might have better advantage in terms of location, attractions, the mall size, environment and its long term township development... at least for my long term rental investment la =p Dwiputra i think is more for own stay. understand from the SA ioi resort is under selangor wor not w.p putrajaya. better right? hmm.gif
vinctan88
post Feb 12 2014, 10:27 AM

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QUOTE(MoonRider @ Feb 12 2014, 10:20 AM)
got url link to the homepage?
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The Clio website is not ready yet. You can send in your registration to property.marketingirc@ioigroup.com or you can visit

IOI Resort City
IOI Properties Group
IOI City Mall
CMW123
post Feb 12 2014, 02:47 PM

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QUOTE(vinctan88 @ Feb 12 2014, 09:26 AM)
Agree  nod.gif You can refer to the Puteri Palma Condo behind the mall, the units are mostly renting to working expat around Cyberjaya, bangi and sepang at the rate of RM2,500 +/- for basic furnished units and RM3,500 +/- for a fully furnished units.
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Working expat means non-Malaysian? So many of them with such demand? There is currently no commercial within IOI Resort City...
Nidz
post Feb 12 2014, 04:25 PM

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QUOTE(VT7 @ Feb 12 2014, 10:22 AM)
Hopefully la ... tot Dwiputra launched long time ago still got unit meh? Putrajaya vs ioi resort and alamanda vs. ioi city mall, clio might have better advantage in terms of location, attractions, the mall size, environment and its long term township development... at least for my long term rental investment la =p Dwiputra i think is more for own stay. understand from the SA ioi resort is under selangor wor not w.p putrajaya. better right?  hmm.gif
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Yes, Dwiputra got a total of 4 blocks. 2 blocks sold out, 3rd block currently for sale and 4th block still not open for sale yet.
I am also thinking the same, Dwiputra for own stay, Clio for investment.
vinctan88
post Feb 12 2014, 04:34 PM

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Yup, those IT professionals, contract oil & gas engineers, pilots & stewardess, lecturers from the international schools ie Alice Smith, Nexus and more and also John Hopkins / Perdana University. They are coming up with medical-city. These expat have the budget to rent and with the budget, they would opt for a place with better environment. The marriott hotel surprisingly is packed with business travellers, functions, conferences. For commercial, IOI City Mall is targeting to open end of this year and shop lots is currently under planning. Previously they mentioned about the hoarded area under construction, is for the shop lots.
MoonRider
post Feb 12 2014, 05:21 PM

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just take note that beside putrajaya is cyberjaya ., the condo there is over supply .. thanks so might have issue renting out .. probaly govt servant will rent and not sure what rent price you expect from them for uniten there is alrady a new condo and goign to complet in 1-2 years

This post has been edited by MoonRider: Feb 12 2014, 05:24 PM
Nidz
post Feb 12 2014, 06:03 PM

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QUOTE(MoonRider @ Feb 12 2014, 05:21 PM)
just take note that beside putrajaya is cyberjaya ., the condo there is over supply .. thanks so might have issue renting out .. probaly govt servant will rent and not sure what rent price you expect from them for uniten there is alrady a new condo and goign to complet in 1-2 years
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This is true. Future owners of Clio will have to rely on the proximity of this project with the IOI City Mall as the main attraction to rent or sell. Will govt servant rent here? Don't they have plenty of quarters and cheaper property in putrajaya?
blackfuzzy
post Feb 13 2014, 10:16 AM

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QUOTE(Nidz @ Feb 12 2014, 06:03 PM)
This is true. Future owners of Clio will have to rely on the proximity of this project with the IOI City Mall as the main attraction to rent or sell. Will govt servant rent here? Don't they have plenty of quarters and cheaper property in putrajaya?
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In the end, Capital Appreciation will all fall back to demand. This is itself will depend in a few things.

- amenities (mall, access and facilities)
- the immediate neighbours / surroundings
- the community (which is slightly dependent on size - smaller units aren't able to cater for families)
- the environment of the township

This is currently reflected in Puteri Palma, where the community is quite colourful. Units are occupied by multiple nationalities, Japs, Koreans, other Asians as well as Westerners (actual owners and rentals alike).

There can be many reasons why they have chosen to be located there. While they may no longer purchaser (due to to 1mil threshold), rental is still a fair possibility (rental might look even more attractive now that they can no longer purchase) since most their living expenses (rental) are probably covered by the employing organisation one way or the other.

This new limitation on the minimum purchase price might actually be used to our advantage brows.gif
MoonRider
post Feb 13 2014, 01:46 PM

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if u thinking to rent to expat .. i dont think you get it .. my company i working with few mat salleh majority go to hartamas .. as the company will pay them the rental .. so for them hartamas is better choice due to the community and international school

and also mat salleh prefer condo with 1 -2 bedroom ... not 3 .. and can access to more western food restaurant .. even new ioi mall is going to complete soon .. there will be limiation of night life as the shop will close around 11pm following the mall operating hours .. friday night clubbing .. putrajaya yelek ...

this is what i know as i work with a lot of mat salleh here...

This post has been edited by MoonRider: Feb 13 2014, 01:50 PM
VT7
post Feb 13 2014, 04:27 PM

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QUOTE(MoonRider @ Feb 13 2014, 01:46 PM)
if u thinking to rent to expat .. i dont think you get it .. my company i working with few mat salleh majority go to hartamas .. as the company will pay them the rental .. so for them hartamas is better choice due to the community and international school

and also mat salleh prefer condo with 1 -2 bedroom ... not 3 .. and can access to more western food restaurant .. even new ioi mall is going to complete soon .. there will be limiation of night life as the shop will close around 11pm following the mall operating hours ..  friday night clubbing .. putrajaya yelek ...

this is what i know as i work with a lot of mat salleh here...
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bro, if you dun mind me asking, where do you work? KL area? tongue.gif I can't see any reason why will they want to drive FORTY km to home after work yet factor in the jam hor compare to FORTEEN km traffic free lo. doh.gif

Or maybe for now they have no choice or yet found a better place nearby to rent? (i know few agent doing rental around south KV ^^) Wat i know hor, the expat enjoy healthier lifestlye la and do you know some expat comes with family? 1 bedroom units work only for those single with limited budget, students.... and normally they go to city centre only during the weekends for groceries to avoid the jam lo... and i think expat here not just limited to "mat saleh" right? hahaha... Malaysia famous for rojak la, we got cina, melayu, indian (and some mix of 2 to 3); expat can be mat salleh, kimchi bibimbap, japanese, india and etc ma... rclxms.gif

and speaking of international schools hor, you guess how many of them around putrajaya?
vinctan88
post Feb 13 2014, 04:32 PM

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Here are the list of educational institution:

Rafflesia International and Private Schools
Alice Smith International School
Nexus International School Putrajaya
Tanah Rata International School
ELC International School (Cyberjaya)
Australian International School Malaysia
Multimedia Universiti (MMU)
LimKokWing University
University Putra Malaysia (UPM)
Universiti Tenanga Nasional (UNITEN)
Cyberjaya University College of Medical Sciences (CUCMS)
Segi College Seri Kembangan
Royal Islamic University of Malaysia (RIUM)
Johns Hopkins University School of Medicine


Some other facts on Cyberjaya (just for reference only)
• Top employers in Cyberjaya:
o Hewlett Packard (6,000 employees)
o HSBC Bank (4,000 employees)
o Shell (2,200 employees)
o T-Systems (1,500 employees)
o IBM (1,300 employees)
IBM Invest RM1billion over the next five year (from Nov 2011) to build a new Global Delivery Center in Cyberjaya, Malaysia - will bring up to 3000 high-quality, knowledge-based jobs
o DHL (1,090 employees)
o Dell (800 employees)

• Population:
o 53,000 in 2013 (expected to increase to 100,000 by 2016)
o More than 30,000 knowledge-workers / local and International Professionals in Cyberjaya
(IT, Oil & Gas)
o Asia, Australasia, Europe, and America

This post has been edited by vinctan88: Feb 13 2014, 04:33 PM
blackfuzzy
post Feb 13 2014, 05:21 PM

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QUOTE(MoonRider @ Feb 13 2014, 01:46 PM)
if u thinking to rent to expat .. i dont think you get it .. my company i working with few mat salleh majority go to hartamas .. as the company will pay them the rental .. so for them hartamas is better choice due to the community and international school

and also mat salleh prefer condo with 1 -2 bedroom ... not 3 .. and can access to more western food restaurant .. even new ioi mall is going to complete soon .. there will be limiation of night life as the shop will close around 11pm following the mall operating hours ..  friday night clubbing .. putrajaya yelek ...

this is what i know as i work with a lot of mat salleh here...
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Just a check man - do the mat sallehs you work with actually drive 80km back and forth with something like 6 tolls between everyday, since the assumption was that they work in Cyberjaya blink.gif ? So that they have 'nightlife' every single day sweat.gif ?

Or were you referring to elsewhere?
vinctan88
post Feb 14 2014, 01:45 PM

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Some facts on IOI City Mall

IOI City Mall

Expected operation – October 2014
No. of Outlets: 350 specialty stores on 4 floors
Gross Shopping Floor – 2.2 million sq ft
Net lettable area (NLA) – 1.4 million sq ft
(Phase 1 of 36 acres bigger than Midvalley Megamall (exclude Gardens))
Gross Development Cost of RM1.5 million

Entertainment:
-International Size Ice Skating Rink
-13 Screens Cinema (operate by GSC)
-District 21
-Bowling Centre (operate by Wangsa Bowl)

Anchor Tenant:
Parkson
Tesco
HomePro
GSC

About HomePro :
"HomePro House Brand" is the new quality, stylish and value alternative for house owners. HomePro provides 10 quality brands covering over 1,000 selections to respond to vast varieties of requirements from home repair for existing homes and house decorative for both new and existing homes.


MoonRider
post Feb 14 2014, 09:32 PM

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QUOTE(VT7 @ Feb 13 2014, 04:27 PM)
bro, if you dun mind me asking, where do you work? KL area?  tongue.gif  I can't see any reason why will they want to drive FORTY km to home after work yet factor in the jam hor compare to FORTEEN km traffic free lo.  doh.gif

Or maybe for now they have no choice or yet found a better place nearby to rent? (i know few agent doing rental around south KV ^^) Wat i know hor, the expat enjoy healthier lifestlye la and do you know some expat comes with family? 1 bedroom units work only for those single with limited budget, students.... and normally they go to city centre only during the weekends for groceries to avoid the jam lo... and i think expat here not just limited to "mat saleh" right? hahaha... Malaysia famous for rojak la, we got cina, melayu, indian (and some mix of 2 to 3); expat can be mat salleh, kimchi bibimbap, japanese, india and etc ma...  rclxms.gif

and speaking of international schools hor, you guess how many of them around putrajaya?
*
working in mnc cyberjaya lol since 2006 till now .. biggrin.gif .. just go and drive around lah at night see how many kuai lo there .. there is only 1 pub hop and grapes in cyerbajay even not many people there .. these kuai lo like to stay within the community ... unless i miss out equine or near to cyberjaya any kuai lo community? the nearest shopping mall to this clio is alamanda .. go and check out the business there . do you see kuai lo at alamanda?

shaftburry kinda nice place but not many rental out .. cyberjaya itself too many condo .. oversupply

if not mistaken , they using mex and later interchange with kerinchi link .. they come to work round 9-9.30am and against traffic ...

This post has been edited by MoonRider: Feb 15 2014, 01:21 AM
twincharger07
post Feb 14 2014, 09:43 PM

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QUOTE(vinctan88 @ Feb 13 2014, 04:32 PM)
Here are the list of educational institution:

Rafflesia International and Private Schools
Alice Smith International School
Nexus International School Putrajaya
Tanah Rata International School
ELC International School (Cyberjaya)
Australian International School Malaysia
Multimedia Universiti (MMU)
LimKokWing University
University Putra Malaysia (UPM)
Universiti Tenanga Nasional (UNITEN)
Cyberjaya University College of Medical Sciences (CUCMS)
Segi College Seri Kembangan
Royal Islamic University of Malaysia (RIUM)
Johns Hopkins University School of Medicine
Some other facts on Cyberjaya (just for reference only)
• Top employers in Cyberjaya:
o Hewlett Packard (6,000 employees)
o HSBC Bank (4,000 employees)
o Shell (2,200 employees)
o T-Systems (1,500 employees)
o IBM (1,300 employees)
IBM Invest RM1billion over the next five year (from Nov 2011) to build a new Global Delivery Center in Cyberjaya, Malaysia - will bring up to 3000 high-quality, knowledge-based jobs
o DHL (1,090 employees)
o Dell (800 employees)

• Population:
o 53,000 in 2013 (expected to increase to 100,000 by 2016)
o More than 30,000 knowledge-workers / local and International Professionals in Cyberjaya
(IT, Oil & Gas)
o Asia, Australasia, Europe, and America
*
53,000 in 2013 (expected to increase to 100,000 by 2016) <= how to increase by 100% in 3 years?

the current daytime working population are made up of few huge MNC like HP, Shell, etc and 2 major uni like MMU and LKW.. any major news of mega MNC or huge uni campus coming in? any new construction of huge standalone offices like shell, ntt, ericsson, hp, hsbc?

so working opportunity coming from small shoplot offices and retail like glomac, dpulze etc and intend to increase the population by another 50,000?
CMW123
post Feb 14 2014, 10:34 PM

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QUOTE(MoonRider @ Feb 14 2014, 09:32 PM)
working in mnc cyberjaya lol since 2006 till now ..  biggrin.gif  .. just go and drive around lah at night see how many kuai lo there .. there is only 1 pub hop and grapes in cyerbajay even not many people there .. these kuai lo like to stay within the community ...  unless i miss out equine or near to cyberjaya any kuai lo community?  the nearest shopping mall to this clio is alamanda .. go and check out the business there . do you see only 1 race there or kuai lo?

shaftburry kinda nice place but not many rental out .. cyberjaya itself too many condo .. oversupply

if not mistaken , they using mex and later interchange with kerinchi link .. they come to work round 9-9.30am and against traffic ...
*
Morning traffic is definitely against traffic and acceptable. But evening going home traffic is very teruk. At least,1.5 hours on most days
vinctan88
post Feb 17 2014, 11:31 AM

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QUOTE(MoonRider @ Feb 14 2014, 09:32 PM)
working in mnc cyberjaya lol since 2006 till now ..  biggrin.gif  .. just go and drive around lah at night see how many kuai lo there .. there is only 1 pub hop and grapes in cyerbajay even not many people there .. these kuai lo like to stay within the community ...  unless i miss out equine or near to cyberjaya any kuai lo community?  the nearest shopping mall to this clio is alamanda .. go and check out the business there . do you see kuai lo at alamanda?

shaftburry kinda nice place but not many rental out .. cyberjaya itself too many condo .. oversupply

if not mistaken , they using mex and later interchange with kerinchi link .. they come to work round 9-9.30am and against traffic ...
*
Agree. The night population there is very low, only around 20% of the day time population. You can check out Puteri Palma Condos & beverly row bungalows @ ioi resort city, Gita Bayu @ Serdang, and told by the SA when I visit to One South development last year, rented also at East Lake residence @ Serdang Perdana.

+1 point to post #92, how many of us often go shopping on weekdays? They prefer to go city centre during the weekends to avoid the jam, that's why weekend crowd at all shopping mall are busier right? Just look at Ikea, one of their most preferred place, does all of them stay at damansara?

By the time Clio completed, IOI City Mall will be celebrating its 3rd anniversary tongue.gif So why do we bother alamanda?
nkhong
post Feb 17 2014, 12:38 PM

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QUOTE(blackfuzzy @ Feb 13 2014, 05:21 PM)
Just a check man - do the mat sallehs you work with actually drive 80km back and forth with something like 6 tolls between everyday, since the assumption was that they work in Cyberjaya  blink.gif ? So that they have 'nightlife' every single day  sweat.gif ?

Or were you referring to elsewhere?
*
The few ang mo that i work with last time in cyberjaya, they really travel all the way back to city and dont want to stay in cyber. They take taxi to erl and back to city. Sometimes they rent a car monthly. This might change in future if cyber become more happening maybe i am not sure. For other countries expat like china and india, yes they are more willing to stay in cyber and travel only weekend to city center.
vinctan88
post Feb 17 2014, 12:44 PM

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QUOTE(twincharger07 @ Feb 14 2014, 09:43 PM)
53,000 in 2013 (expected to increase to 100,000 by 2016) <= how to increase by 100% in 3 years?

the current daytime working population are made up of few huge MNC like HP, Shell, etc and 2 major uni like MMU and LKW.. any major news of mega MNC or huge uni campus coming in? any new construction of huge standalone offices like shell, ntt, ericsson, hp, hsbc?

so working opportunity coming from small shoplot offices and retail like glomac, dpulze etc and intend to increase the population by another 50,000?
*
Aren't the companies you mentioned already have their standalone office? Btw, the numbers I just sourced from the net for forumers easy reference.

More interesting news:

Based on a 2010 survey by Stratos Consulting Group Sdn Bhd, there are 180,000 residents within a 15-minutes driving radius of Cyberjaya.

This is projected to increase to 310,000 residents within 2014 and 2015, in tandem with the township's economic growth and the completion of a number of residential developments.

Kan also pointed out that Cyberjaya has 500 companies with multimedia super corridor status, 40 multinational corporations as well as a working population of 76,900 people and 65,000 students.

“The mall is projected to serve 450,000 people by end-2015. There is a lot of retail opportunities in this township as it is under-served.”


The press released on Jan 2013, seems like the population has increased to 141,900?
twincharger07
post Feb 17 2014, 03:47 PM

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QUOTE(vinctan88 @ Feb 17 2014, 12:44 PM)
Aren't the companies you mentioned already have their standalone office? Btw, the numbers I just sourced from the net for forumers easy reference.

More interesting news:

Based on a 2010 survey by Stratos Consulting Group Sdn Bhd, there are 180,000 residents within a 15-minutes driving radius of Cyberjaya.

This is projected to increase to 310,000 residents within 2014 and 2015, in tandem with the township's economic growth and the completion of a number of residential developments.

Kan also pointed out that Cyberjaya has 500 companies with multimedia super corridor status, 40 multinational corporations as well as a working population of 76,900 people and 65,000 students.

“The mall is projected to serve 450,000 people by end-2015. There is a lot of retail opportunities in this township as it is under-served.”


The press released on Jan 2013, seems like the population has increased to 141,900?
*
Press can estimate figures but those who knows cyberjaya, live there, work there might see a different story..

The companies that I had mentioned are existing standalone company which contribute to part of the current 50,000 day time population..
my question is to make up another 50,000 population, where they come from? as I dont see they are building big MNC offices in Cyberjaya.. all they are building are small retail, offices, SOHO etc...

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