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Investment THIRD AVENUE @ CYBERJAYA [OWNERS' THREAD], Artistry in lifestyle, luxury innovation

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Babizz
post Jul 5 2014, 10:28 PM

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I think their engineer all Singaporeans that's why Sg pricing.. This is one of those 'nice to see, don't touch' projects. good luck to investors looking for high paying tenant's . Other than Shell IT Cyber(which I'm not sure of their salaries), most other companies there like IBM n HSBC in Cyber house their back office/call centre ops(lower middle salaries) there.
Babizz
post Jul 5 2014, 10:40 PM

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QUOTE(xXwasabiXx @ Jul 5 2014, 08:37 AM)
Still cheaper then osk eclipse.
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Eclipse sales good ah. Product looks very beautiful plus OSK got good track record. Waiting for their Emira residence to launch
Babizz
post Jul 18 2014, 09:55 AM

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QUOTE(bengyson @ Jul 16 2014, 08:33 PM)
Multinational companies doesn't seen growing so much in Cyberjaya. Along the time, I only noticed commercial slowly kicks in like retails and F&B. Developers keep mushrooming in Cyber for their housing projects with majority of them are investors. In my opinion Cyberjaya has missed the golden opportunity of growth in many years back under Cyberview and Setia Haruman management. Now we have Iskandar district in southern corridor which may post an aggressive threats in the near future to come.
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yes alot of companies don't quite like cyber as many employees are not willing to travel so far... especially call center/helpdesk companies..

BTW, who buys those 2.2 million semi-d's in Putrajaya?
Babizz
post Jul 23 2014, 08:42 AM

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QUOTE(khng07 @ Jul 22 2014, 12:51 AM)
But now a day there was so many cars when after work time ..... how to explain nobody work in cyberjaya????
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many people are still/and will still work in Cyber although it's still not high paying companies!
Babizz
post Jul 31 2014, 09:21 PM

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QUOTE(Soros007 @ Jul 31 2014, 02:20 AM)
Bro - The 4K that you mentioned is RM or USD?
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RM la. I only know a few expats with more than 8k housing allowance.
Babizz
post Jul 31 2014, 09:30 PM

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QUOTE(eeor83 @ Jul 31 2014, 01:45 AM)
No offence babizz , i am working in cyberjaya for the past 6 - 7 years the salary range here is not consider low .

Take an example the experience engineer salary range here at least 6k and above , and the team lead / manager will range over 10k . You know each MNC have how many expatriate?they are willing to pay high rental , thats also explain why the shaftsbury cyberjaya studio is now renting price starting at 1.7k for 450 sqr feet.

Third Avenue location is nice , just nearby the upcoming shopping mall .  Opposite have lot F&B shoplot and near to places like O-town , PADI, starbucks.
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haha. 6-10k is middle range salary (never said low salary). The thing with cyber is the thousands of new condo's undercon and at the price range of third avenue it's gonna be hard to find tenants.
Babizz
post Aug 1 2014, 08:56 AM

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QUOTE(Soros007 @ Jul 31 2014, 07:51 AM)
And where about all these expats staying?
You think they will like good project like symphony hill type living environment?
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haha the 8k guys are companies in KLCC not cyber tongue.gif
Staying in marc residence and other KLCC condo's.
Cyber should have quite a few senior management expats but not enough to fill up the thousands of condo's in town.
Babizz
post Aug 1 2014, 09:40 AM

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QUOTE(Soros007 @ Jul 31 2014, 07:22 PM)
The so-called 'expatriate' in Malaysia really got low living allowance and no standard....
Ppl in our industry if working in SGP will be compensated USD10K+ a month + car just for living allowances and varies with the city of work.
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Yes new 'white' expats coming in are offered lower packages compared to their predeccessors. The days of thick thick salaries for many expats are over.
indian n indonesian expats are paid slightly more than msians only.
Cyber alot of Indian expats right
Babizz
post Aug 2 2014, 09:51 AM

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QUOTE(blowwater101 @ Aug 1 2014, 10:19 AM)
as i know, there are many 8K guys in cyber....nothing to shout about if u earn 8k in cyber...

whether they willing to stay in cyber is another issue...at least they are working in cyber...developer in cyber just need to lure them to stay in cyber...
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I mean 8-10k housing allowance, not salary tongue.gif
Babizz
post Aug 2 2014, 12:50 PM

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QUOTE(SonicKimi88 @ Aug 1 2014, 08:45 PM)
Which company given so nice allowance? smile.gif Well as far as I know, most of the Cyberjaya company are try to lower their expenses by limiting staff travel and even try to localised the position. For Single expat, they might consider to stay at Cyberjaya but as far as I know for expat with Family, they prefer to stay at KL/PJ which have better Education, and other  Infrastructure. smile.gif
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all those companies are in KLCC.. I'm talking above middle level management of very high paying companies.

so how's the sales of third avenue?
Babizz
post Aug 3 2014, 10:59 AM

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QUOTE(Soros007 @ Aug 2 2014, 04:52 PM)
Sticker games....
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Yes when u see the official sales data from JPPH, u'll be surprised at the sales of new properties in Selangor/KV and Penang (the worst!)
Babizz
post Sep 7 2019, 06:30 PM

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QUOTE(thecaterpillar @ Sep 6 2019, 05:09 PM)
Expected here to have many lelong. Coz purchase price I think the most expensive and not easy to rent out high price.
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Auction pricing here still is very expensive. Much room to drop further.
Babizz
post Nov 28 2019, 04:52 PM

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QUOTE(honsiong @ Nov 27 2019, 11:58 PM)
Third Avenue AGM gonna be on tomorrow. Saw the financial statements, management is owed 140k in management fees, yikes.

Also the recent Chinese scam bust is very bad for business, last time a lot of them makan and chill out in convenience store below, now there is no one there ady.
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Which other condo were they staying in. A expected this place will struggle at this crazy price point

Babizz
post Nov 28 2019, 06:01 PM

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QUOTE(honsiong @ Nov 28 2019, 03:38 AM)
Can I just say most cyberjaya condo have them? You see Cyberuaya Community fb page comments dah tau.

Third Avenue just happens to be the more atas one with cheap rent.
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Saw Cristal serin,serin and lakefront as the top spots.

Cyber gona have a tough time filling up all these now empty units.
Babizz
post Mar 6 2020, 06:07 PM

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QUOTE(frenerylee @ Mar 2 2020, 06:40 AM)
the sewerage issue still exist. It was so smelly when I walk to Tower 2  puke.gif
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So much for Singapore developer. Told many times that this project will fail n no surprise it failed !!

 

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