Guess statistics was not a subject that you have studied.

Whether cbj is overbuilt could be found at napic data.

In about 2030, the kangkong land will become ageing nation. By demography, most new born are already city dwellers. There are few country side folks available to migrate to city.

Herd behaviour in bullrun is well studied and recognized by Prof. Robert J. Shiller, Prof. A. Oswald.

This post has been edited by icemanfx: Oct 22 2016, 03:59 PM

in my case, i bought cyberjaya property because i like the place. i don't care what other people say because at the end of the day i'm the one who paying the monthly instalment

many people including myself do not think airbnb market in cyberjaya is good, everybody questioning who wants to go to cyberjaya. but everyone is wrong including me, i received more bookings than i was expected until i need to increase price so i get less booking and block certain dates i want to stay there.

some of the bookings are for leisure purpose, and many of them for business purpose.

my initial target only to subsdize maintenance fee and bills since i don't stay there permanently.

This post has been edited by faizalmzain: Oct 22 2016, 03:58 PM

Guys what's ur view n comment on Sejati Residence?

Coming

Thanks for sharing your views.

The Main Assumption of overbuilt in CJ as mentioned by him ( ICE ) is faulty - Employment .

1) Employment is not the main factor for many people coming to buy properties in CJ...in fact 50% of my family work outside CJ.

2) I have seen people working in air travel industries staying in CJ not coz got jobs for them in CJ. They work outside the country most of the time.

3) Student population is large , so they are unemployed and Income level Factor affect them and yet they stay in CJ ?

4) Some working in Putrajaya stay in Cyberjaya

5) Some rich people are really rich like Donald Trump.. he did not pay US taxes as well but he has many properties .

6) People own businesses elsewhere outside CJ, they do not have to depend for an Employment in CJ

7) Many employed people in CJ do not necessarily have the mains to buy CJ properties as well, or they hate CJ too.

This post has been edited by SKY 1809: Oct 22 2016, 04:26 PM

Paramount is decent developer 👍🏻

Decent place. Location oso quite ok👌🏻

But honestly behind Symphony Hills and Setia Eco Glades la 😁

Will there be enough to occupy the over 20 towers currently under construction?

Why asking me ?

U say it is over built...by counting Towers alone...is it good enough , thorough , complete n sufficient ?

U know if u work for people , yr Boss would ask u back the same question too ... it is not the boss duty to get the answer for u ....

Because your claim couldn't be substantiated and inconsistent with data available from napic.

This post has been edited by icemanfx: Oct 22 2016, 05:13 PM

Napic teaches u to count the Towers only ......100% correct to predict the Future ?

This post has been edited by SKY 1809: Oct 22 2016, 05:20 PM

Napic has transaction, supply, etc number. Unless developers didn't supply correct data, napic numbers is more reliable than hearsay without substantiation.

Do you know many investment experts with big titles and with very high qualifications , even coming out with lots of data and analysis , most of them got it wrong when comes to the predicting the FUTURE ?

U could lose tonnes of money by listening to these group of people .

By trusting one source ( NAPIC ) and u think they are God Like ...

It is NOT fair to blame NAPIC too, perhaps they never say by counting Towers is good enough, just yr own presumption only.

U also express yr concern whether Developers provided u the correct data or not, right ?

Be sincere, do not simply attack others as herb behaviors, and u yourself have doubts over the data u gather...not a good Malaysia culture ...per se

This post has been edited by SKY 1809: Oct 22 2016, 10:47 PM

I am only a student, don't have vested interest like those investment experts.

So far, napic data is one of the most reliable available. Developers are more likely to over stated sale number than under declared.

Number of towers under construction in cbj is consistent with number of supply reported by napic.

This post has been edited by icemanfx: Oct 22 2016, 05:52 PM

Haha , I long time predicted u are a student .....now u say it ...Bingo

Malaysia Govt always say the inflation rate in Malaysia is super low , also with lot of Statistic one

U believe Kah ?

This post has been edited by SKY 1809: Oct 22 2016, 06:01 PM

why we still debating until v5....since donkey years
weird I never see other town in semenyih, Kajang, rawang, kiara, seremban, and etc has this kind of attention

hmm mm... that only say one thing....

either people in kopitiam missed the boat and hope it won't be successful cause they might bang head into wall

or they saw something in cyber jaya which all of us can't see and they want to warn us

or they see know something in future which will really boom cyber jaya and try to discourage and play down cyber jaya so that not many people will actually invest into it

Official inflation rate is based on basket of goods.

So far, few if any industry players dispute napic numbers.

statistics is just a number
whatever made by human can't be trusted 100%....

Many people do not dispute with the Income Tax Dept too, not because Income Tax Dept is always right, people worry lagi more " unnecessary disputes " come hard on them if they dispute first ...

The after effects ..

This post has been edited by SKY 1809: Oct 22 2016, 10:50 PM

icemanfx,
i think you current study law. you like to debate.

I m not an expert in statistic n properties but my common sense tell me that:-
1). Cyber can never be a ghost town cause more n more ppl moving in. Commercials especially F&B is like mushrooming in cyber. Look at d pulze > all quality tenants with great bz. Even weekend also full of ppl not to mention that Grocer village that's opening soon in tamarinds Sq with 4-5 times the size of jays a grocery.

2). Statistic is only an indicative number for GENERAL references only. Yes, it could be many developer launching high rise at the same time n yes over supply will happen however it doesn't meant the volume cannot be digested or sustainable in future. Every new township needs time to mature. Prop buyer always need backup plan or holding power nowadays regardless where he buy. Good time has past n flipping is diff. This has no diff to buying any prop in cyber.

3). Depends on projects - some of the pricing is reasonable. In example Setia Eco glades 26x95 super link at Rm 1.1mil above. With Rm1mil you can only get condo in mature area like bkt jalil which is only merely 15mins drive away.

4). Same to other LYN forumer. I also dislike few places like Kajang, semenyih, Rawang but we never KPKB in their thread some more calling ppl herd. If u think u r so good n great then u alr a billionaires. Don't f ard here to show off u r very intelligence or smart A$$. I invested Rm 5mil+ in cyber only but I also never keep convincing or persuading ppl to buy. Like cyber - u buy. Don't like - move on. Over supply is everywhere not just cyber. Go to Klcc, mont liars areas n see, how many condo units with the lights on? Each buyer regardless own stay or investment or flipping knows what he is doing. Don't think you can call them herd as if u r the expert.