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 Cyberjaya 2015, Why U buy Cyberjaya? v4

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thecaterpillar
post Aug 20 2015, 06:01 PM

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QUOTE(Cabinda @ Aug 19 2015, 10:31 PM)
Dpulze rocks... really excellent management...
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D'Pulze is doing not bad. I've been visiting it for past few months and the crowd is getting better.

I personally prefer neighbourhood mall like D'Pulze, Empire Subang Jaya etc. It's not too crowded but it has all the basic stuff you expect from a mall.
thecaterpillar
post Aug 22 2015, 01:09 PM

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Wow Aztec is certified la as Cyberjaya Chinese food expert.

Anyway, few years back when I was still working in Cyberjaya, there's a Chinese stall selling zhap fan at the bus terminal food court @ street mall. If it's still operating then can add on to the list.

This post has been edited by thecaterpillar: Aug 22 2015, 01:10 PM
thecaterpillar
post Aug 22 2015, 01:15 PM

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QUOTE(PenangLaksa @ Aug 22 2015, 01:10 PM)
Cyberjaya folks, need your valuable opinions...

D'Melor condo about 1500sf @ 500k worth buying? subsale, condition is so-so, needs refurbishing if I were to move in..

Terima Kasih!
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That's cheap! Dmelor just repainted recently and their maintenance overall looks good. Low density condo and location is good. Can walk to dpulze smile.gif

But maintenance will be quite expensive since it is low density. For own stay I would say it's quite a nice place la.

Is it a walk up unit?
thecaterpillar
post Aug 22 2015, 08:29 PM

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QUOTE(PenangLaksa @ Aug 22 2015, 06:59 PM)
It's on the ground floor :-| maintenance is 0.36/sf 😓
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That's good buy if not walk up unit. Where else can find such low price. Freehold, low density and maintained well.

The next best thing would be Setia Eco Glades Isle of Kamares condo if you r willing to pay the premium.
thecaterpillar
post Aug 23 2015, 09:12 PM

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QUOTE(PenangLaksa @ Aug 23 2015, 09:17 AM)
Thanks cyberjaya folks for your feedback, I do appreciate it.

Btw, I have rented a room in dmelor for over 10 years now and I must admit that I'be grown fond of this place because it's peaceful (not so much now than it used to be) and better maintained than a lot of places here in
Cbj.

500k is the net price for the house though, no more nego and there are things in the house need to be replaced as they are just quite old already....

I called up a couple of valuers and they came back to me with bank values of 500k&520k respectively, but the house owner insists that her house is worth a lot more than that and suggests that I call banks instead..

So the pros I can think of now are:
**Location, strategically located in the heart of CBJ
**One of the best managed condos in Selangor ( yes it's Selangor, the management was rewarded a cert for the 2nd best managed condo in the whole Selangor back in 2010/1 if I remember correctly ). It's not as good now because some best people on the previous council have resign leaving behind a bunch of clowns who are doing most of the things for their own benefits ( the recent repainting work ;-) )
**it's considered one the cheapest in cbj considering its B.U
** higher chances of renting ( if I can't afford to live in it due to its crazy high maintenance fee which is now at 0.36sf)
The maintenance fee for this place used to be quite low before setia harum handed over to the current management, they were willing to lose money to bear the cost and there were hardly any sinking funds then.
**saves me energy from walking up and down carrying heavy stuff as dmelor is a walk up condo. Well not entirely, the highest block has lifts.

Cons:
** cbj is way way over supplied with apartments and if one day I struggle to cope with the maintenance fee I might have problem selling it
** I might be able to get cheaper and better houses in another 2 years seeing where our economy is going
** ground floor units in dmelor have been broken into a few times already so it's now safe as higher units. That can be easily fixed by installing grilles I suppose

Anyway I'm a first time buyer here i would appreciate
it if you guys can give me even more insightful feedback. Thanks a lot and have a great Sunday.
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You should know better than us since you have been renting there for 10 years. For that price I don't think it can go any lower in future. If the economy is really that bad, any other development you purchase also will most probably have the same fate. Not forgetting others are selling at much higher per sqft price.

I think the location is good. Worst case you can even rent out the extra rooms to help you pay the installment.
thecaterpillar
post Aug 24 2015, 11:45 PM

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QUOTE(lamcouz @ Aug 24 2015, 11:22 PM)
Ya, in the original launch there's no mention of G&G. Thereafter they added on a value-added service subsequently i.e. perimeter fencing + guard service. At least something there better for resident smile.gif
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I booked Laman View recently and SA mentioned its a guarded scheme too. But no information on what type of fencing and guard house the developer is providing. Anyway, it's an added bonus for buyer coz initial plan is not G&G. rclxms.gif

Good deal for new launch freehold landed smile.gif
thecaterpillar
post Aug 26 2015, 12:02 PM

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QUOTE(jinsailoo @ Aug 26 2015, 10:13 AM)
cbj all land bought by gov proxy company and sell higher to other developer,

the place is very nice but look like it sell at 3-5 year futher price
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This is my personal view, if u like it and can afford, just buy it. Take Setia Alam for example, it used to be cheap and good but people say far, now it's not cheap anymore and many don't mind to stay there. Whether it is selling at future price, only time will tell. Desapark city sells at future price too, but now can u buy any sub sale units at developers price 3-5 years ago? And Cyberjaya price is competitive compared to other areas in KV, not a super premium location.

Not many people feel the good vibes of Cyberjaya yet, but it is heading the right direction. It will be a very nice place to live especially after many new developments ready within next few years. As long for own stay it should not go wrong. But for investment, u might need holding power tongue.gif

Fyi, I've seen Cyberjaya grow since 2002. It gets More lively only since Shaftsbury is ready 2 years ago, and now dpulze. I'm really looking forward to tamarindsq too. I believe all these unique project will change the landscape of Cyberjaya. And you are spoilt for choice on good concept development here. icon_rolleyes.gif
thecaterpillar
post Aug 26 2015, 02:28 PM

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QUOTE(jinsailoo @ Aug 26 2015, 02:14 PM)
chinese ppl will think like i am paying this high price for govement proxy,
so you can see not much chinese ppl stay in cbj
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let's see in few years time, can't compare last time since it's limited choice and mostly cater for students. Not many people willing to stay in same building with majority students.

the good landed property will bring in quite a bit of family to stay in long run. let the market settles, flippers flip or burnt. Eventually, there will be adjustment and distinction between areas suitable for family to stay. For Chinese crowd, we'll know after the Chinese School opens smile.gif
thecaterpillar
post Aug 26 2015, 10:15 PM

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QUOTE(noblebaby @ Aug 26 2015, 09:24 PM)
Where?
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If not mistaken Roppongi's original plan is to have segi, but now seems to be CUCMS? From the latest map I got from ceria residence sales office, SEGI proposed on selangor science park side, beside pinngiran cyber....

how about the medical center beside Roppongi, HSC...It is now part of Roppongi? Coz I saw roppongi's plan include a proposed medical center.

Anyone know or have more info?

This post has been edited by thecaterpillar: Aug 26 2015, 10:38 PM
thecaterpillar
post Aug 27 2015, 12:48 PM

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QUOTE(neonikson1 @ Aug 27 2015, 12:02 PM)
What's this project?
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That's Roppongi Cyberjaya.

http://www.roppongi.my/masterplan.html
thecaterpillar
post Aug 27 2015, 01:16 PM

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QUOTE(neonikson1 @ Aug 27 2015, 01:01 PM)
Interesting proposal... but will it look good to have a block for young people and a block for elderly?
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LOL....sounds weird to split it that way

From the looks of it, they seem to be targetting retired expat coz it will be next to medical center and education hub. So can buy for their children and come and stay too. Probably targeting HK retiree or Japanese with MM2H? With our weakening Ringgit, it could be a good selling point for them to foreigners.

Many from country with 4 season would love the all year long summer in Malaysia, especially when they get older. And they get to stretch their savings and spend quality life here compared to their own country. I used to have neighbor from Netherlands, a retired army spending good time here. He loves the weather coz winter can be too cold for him as he has arthritis.
thecaterpillar
post Aug 28 2015, 10:51 AM

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QUOTE(Loen @ Aug 28 2015, 03:53 AM)
This site has quite a lot of information about Cyberjaya. Quite interesting read. thumbup.gif
thecaterpillar
post Aug 28 2015, 02:11 PM

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High density lor, but good for 1st time buyer for own stay.
thecaterpillar
post Sep 2 2015, 10:37 PM

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QUOTE(Cabinda @ Sep 2 2015, 10:30 PM)
Wow, nice... almost ready... next year can start new intake? but who going to study there? even korean dont like to study korean school...
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Why Korean doesn't like Korean school?
Anyway, do they have enough Korean family around with kids? I rarely see Koreans around Cyberjaya. Just curious.

I believe if they can build a school, they must have the numbers to justify it. Is QCell the owner of the school?

This post has been edited by thecaterpillar: Sep 2 2015, 10:38 PM
thecaterpillar
post Sep 9 2015, 03:38 PM

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QUOTE(Soros007 @ Sep 9 2015, 02:32 PM)
Gradually cyberian will get there.
It's not a matter of 'How' but 'how soon'.
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Totally agree with that, it's not 'how' but 'how soon'...

The empty units will eventually be occupied by tenants. For those without holding power, they either sell it/rent it cheap or even sell their existing property elsewhere and move in to Cyberjaya. I foresee many will move in to Cyberjaya if Cyberjaya property has not unlock it's potential value, might be a sad truth. sweat.gif Another reason they will move in to Cyberjaya is also due to the nicer environment, many bought for investment, but eventually they might decide to move when it's ready.

Anyway, from the growth perspective, oversupply might attract many to move in here too with 'competitive' rent. For investors buying to rent, I think it will be renters market so dont have too high expectation. Don't believe agent or developer claiming high rental. It really depends on your luck. Well, I think this is common issue to any new development, not Cyberjaya specific issue.

No matter how the market does, there's only one way for the population growth and it's going up up and up, and that's increasing a lot in tandem with the supply. thumbup.gif It's important to have more stay-in population as Cyberjaya lacks stay-in population for many years since it started in 1997. There's not enough residential units in Cyberjaya, that's the reason existing condo can demand premium rent. With steady growth of day & night time population, it only bodes well for the commercials in Cyberjaya. Seriously again I will say Cyberjaya is shaping up in the right direction. It's only few years ago Cyberjaya is open to other developers, now you can see and feel the changes already.

thecaterpillar
post Sep 11 2015, 10:48 AM

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D'Pulze F&B list

Just to share, D'Pulze website is quite up to date. Even those opening soon also included already. Tenant list is not bad at all for a small neighbourhood mall.

Heard Centrus mall will open by end of year. It is walking distance to D'pulze but I doubt it will do well. Management plays a very important role to ensure success of a mall. Any news if they manage to secure tenant?



thecaterpillar
post Sep 11 2015, 05:11 PM

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QUOTE(max_cavalera @ Sep 11 2015, 04:52 PM)
Just another failed project like msc la 😅

Under our r dear leader najib summore
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I think MaGic are doing a great job so far. Try go check their facebook page. I know some people from start up scene, MaGic really engage them very well and trying hard to make the ecosystem work in Malaysia. A lot has been improved, hopefully it will transform Cyberjaya into the silicon valley for Asean.

MaGic Cyberjaya Facebook
thecaterpillar
post Sep 12 2015, 12:25 PM

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QUOTE(homefinder @ Sep 12 2015, 03:39 AM)
With so much of effort & promotion going on in cyberjaya I hv not discovered any real value in it yet reason being is mainly cater for student rental market & very low number of owner stay there. It is very obvious that cyberjaya was not doing well in the early stage until the main developer Setia Haruman begin to invite other establish developer to join in their development if not becoz of this couple with the strong property market their sale would not be so successful. Don't forget most of the purchaser here is actually those developer follower supporting them where they had already made money from their previous project before & mostly do not understand cyberjaya very well. Unless cyberjaya will continue to maintain strong demand in rental otherwise their appreciation in value will be very limited.
Understand that there is also some factor which affect ppl to stay away fr cyberjaya due to higher cost & limited choice of food variaty in this area btw mrt2 will be in cyber soon definitely this will attract more ppl or student but at the same time it may be a disadvantage also coz ppl can choose to move away once the transportation is more convenience for them to move about. Anyway this is my personal opinion unless cyberjaya property price is reasonable if not there will be not much difference buying there or any other potential area.
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I beg to differ. It's not Cyberjaya not doing well but the master developer not doing a good job. They don't have the capacity or capability as a master planner. It's a huge piece of land but development was super slow and limited residential and commercial property before they invite other developer to Cyberjaya to speed up things for next phase of growth here. Of course majority residential property during that time cater for student. It only make sense because rental is attractive and limited choice.

Anyway the other points you mentioned, it applies to every area and does not specifically reflect for Cyberjaya. If other area is cheaper, does that mean Kenny hills, bangsar, Damansara heights, desa park city, TTDI will be empty soon coz everyone can choose a cheaper place like Semenyih, Nilai, Selayang, rawang, Shah Alam 2? It's not a migration race to cheaper area, it doesn't work that way.

Cyberjaya may not be your cup of tea. Again this applies to any other areas too. KLCC or MK is prime and not everyone's cup of tea too. Again which area seems to be not oversupply? all hot area always seem to be oversupplied even Semenyih soon will be flooded with high rise. Jalan ampang itself has scary amount of new high rise flooding the market.

I don't mean to sound defensive or maybe offensive, I respect your opinion but I think the point highlighted does not apply to Cyberjaya only.

This post has been edited by thecaterpillar: Sep 12 2015, 12:43 PM
thecaterpillar
post Sep 14 2015, 12:44 AM

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QUOTE(poilam @ Sep 13 2015, 03:16 AM)
Any good subsale with minimum 2 rooms and less than 320k?

In my mind would be cyberia and domain.
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I think cyberia will be better although it's older. U r looking for own stay or investment? Coz if own stay you can also check MasReca, a selangorku project. U need to qualify though to purchase for selangorku projects.
thecaterpillar
post Sep 18 2015, 06:54 PM

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Okay, no wonder I felt something is not right with the final product. It looks weird and cheap. My impression from the model and brochure was a futuristic design.

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