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 Cyberjaya - New Chapter New Wave? V3

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my44
post Nov 18 2014, 04:53 AM

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From: Cheras
Guys, instead of reading too much into the future, let's look back to current situation now.

I'm sure there are some newly completed apt/soho now in Cyberjaya. What's the occupancy like? "Confirmed" rental? (I had to emphasize "confirmed" as in actual rental that owner has agreed instead of "what agents were saying").

If even now CBJ is struggling to fill up the vacant units, I reckon it will be more difficult as xx,000 units coming in the next 5 years. I understand CBJ population is growing but rather in an organic way (I did not foresee a massive, sudden wave of people moving in, and yes, people in LYN is just a small sample).

Let's take a step back and see the situation now. I'm interested to know, for example, how the residential units in Shaftbury are doing. Or some other completed, brand new residence / soho. Any ideas?
my44
post Nov 19 2014, 06:32 PM

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From: Cheras
Thanks guys! Some sane discussion here. For the statistic from The Star Property, were those confirmed signed/tenanted price or just rental price that owners were hoping to get.

IMHO, it is very difficult to gauge occupancy because nobody is responsible to report their units are tenanted or just for own stay.

As for "market price of rental" for XYZ Soho Apt, I hope nobody just quote from iProp or Propwall. It is better to have a smaller sample from actual owners who have successfully rented their units but I guess not many of them are in this forum.

 

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