Listed property co share prices keep falling across .2/3 years back ..telling sign is there for speculators to get out from Malaysia prop market.

Why CJ alone is bad ?

This post has been edited by SKY 1809: Oct 23 2016, 10:18 AM

I'm not going to dispute your number. Actually, I don't care it's 20, 10 or 30, and nevermind a "tower" is poor metric on its own (how many units and how big they are, therefore how many people can live in, would be much more informative).

No, the thing is that Cyberjaya, until very recently, was massively underdeveloped (we all know why - failed silicon valley). Only the east side, bordering Putrajaya, was developed. All the properties now under construction or just completed (residential, office, soho, etc.) are being built on vacant land on the northern, western and southern part of Cyberjaya.

Overall population will definitely grow, but density-wise, I don't expect much changes. The road infrastructure is also very good, and any part of Cyberjaya can be reached through multiple roads with quick access to highways and expressways in every direction. Offices and residential buildings are spread well enough that intra-Cyberjaya commuting is a non issue. There isn't going to be major rush hour jams, even with the increased population.

As someone else mentioned, one doesn't have to work in Cyber just because he lives there. Commuting is a well established reality for most of the Klang valley folks, and unlike some other successful townships, Cyberjaya does have a business centre it can use to drive its population growth.

I don't work in Cyberjaya, yet I'll be moving in when my "tower" is completed. As a matter of fact, I will actually live even further away from my office once I move. I'm doing so because I recognize the better living environment that Cyberjaya offers. I couldn't care less about property appreciation and these over supply talks. 20 towers later, Cyberjaya is still going to be more livable than the current and previous places I lived in the greater KL.

anyone have their own veiw or own reason invest on cyberjaya. it like willing buy and willing sell.
like 20years ago, many people said rawang no good or puchong is a tin mining land.Rawang is very kampung place, bangalow house only rm200k. Puchong many land slide at that time.
but this two areas now with good return.

I never know any developer building project purely base on supply n demand statistic only.
As mentioned above, statistic is for general references but not to forget the political influence, human sentiment, spillover effect n uniqueness of each project.

Last but not least, don't KPKB here quoted what Dr or specialist book talk.

puchong mana ada landslide??????
sink hole in ex tin mining land ada lah....

the diff btw puchong and cj is that puchong grew organically......by opening land for development of low and low-mid cost housing to encourage ppl to move in...then only mid and mid high end properties on offer.

rawang boom period only temporarily when rumours of new airport was going to be in the north.....after the news die down....it remains as one of the oldest township outside KL. Rawang was the 1st township in Malaya outside KUL to have electricity supply....that's speak volume of its historical value. but north of kl is like a forgotten child. I dun think strictly for investment, the number doesn't add up.

I guess you can read the (failed) history of Cj as sillycon valley then turned to property enclave. Nothing of the history matter if you intend to buy for own stay or investment.......

Common sense tell me:-
1). USJ developed due to spillover effect from Subang Jaya.
2). Putrajay Height developed due to spillover effect from USJ.
3). Kota Kemuning developed due to spillover effect from USJ.
4). Sunway developed due to Subang Jaya and PJ spillover effect.
5). Puchong developed due to USJ and Sunway spillover effect.
6). Cyberjaya? Puchong / Putra Height / Serdang / Seri Kembangan spillover effect.

So, ppl living in cyber must be the one who working in Cyberjaya? U better think twice, Dr. Ice?

Bro cedm- mind to share ur work location and which project u bought in cyber?


quote=cedm,Oct 23 2016, 10:21 AM]
I'm not going to dispute your number. Actually, I don't care it's 20, 10 or 30, and nevermind a "tower" is poor metric on its own (how many units and how big they are, therefore how many people can live in, would be much more informative).

No, the thing is that Cyberjaya, until very recently, was massively underdeveloped (we all know why - failed silicon valley). Only the east side, bordering Putrajaya, was developed. All the properties now under construction or just completed (residential, office, soho, etc.) are being built on vacant land on the northern, western and southern part of Cyberjaya.

Overall population will definitely grow, but density-wise, I don't expect much changes. The road infrastructure is also very good, and any part of Cyberjaya can be reached through multiple roads with quick access to highways and expressways in every direction. Offices and residential buildings are spread well enough that intra-Cyberjaya commuting is a non issue. There isn't going to be major rush hour jams, even with the increased population.

As someone else mentioned, one doesn't have to work in Cyber just because he lives there. Commuting is a well established reality for most of the Klang valley folks, and unlike some other successful townships, Cyberjaya does have a business centre it can use to drive its population growth.

I don't work in Cyberjaya, yet I'll be moving in when my "tower" is completed. As a matter of fact, I will actually live even further away from my office once I move. I'm doing so because I recognize the better living environment that Cyberjaya offers. I couldn't care less about property appreciation and these over supply talks. 20 towers later, Cyberjaya is still going to be more livable than the current and previous places I lived in the greater KL.

[/quote]

Even coffee shop in cyberjaya is oversupply, we have 3 Starbucks within 3km, prima3, Shaftsbury, dpulze, OMG!! (Dr.ice counting towers, dr.Z counting starnbucks, haha)

Weekend Saturday night, padi house and old town full house...many Malay Chinese Indian families makan there during supper time ...

Do u foresee Starbucks, jaya grocer or TGV will quit cyberjaya any time soon? I would say NO, but mcd, village grocer is coming in...

We have Korean school already and Chinese school is coming, I predict 30% student mix in Chinese school is non Chinese, many parents would like their kid learn Chinese to get connected with both eastern and western giant country

Regardless investment, from living perspective, cyberjaya is getting more liveable day by day...this is fact, nobody can deny

This post has been edited by Zres: Oct 23 2016, 01:01 PM

If cyberjaya is kuda legacy, Then why govt allocated huge budget in CCC, it was specifically highlighted in the budget last year.

They can put the budget else where for whatever reason but why cyberjaya ?

This post has been edited by Zres: Oct 23 2016, 12:57 PM

You are probably the first rational reply, the rest was more of emotional.

If one track back will find, I did not challenge cbj living environment or claim cbj will be a ghost town.

There are few if any township purely for commuting. Satellite township need local amenity, employment to sustain the growth.

Places like subang Jaya, usj, etc growth organically, none doubled the number of units available/supply within a few years.

Herd behaviour in bullrun was studied by Prof. R.J Shiller and Prof Oswald, and one will find many similarities in kv property bullrun.

Most developers built on market sentiment rather than on statistics. That's why, there is always overhang of supply at end of bullrun.

compared to BdrMalaysia, TRX, MerdekaTower and the new NS SimeDarby development, how much is CCC by comparison?

MRCB got so many projects going on......honestly except KL Sentral.....I don't see any other success story.

The point is, if the current govt don't wan to succeed the legacy of kuda, they can put the budget else where...by not putting a single cent in cyberjaya.

i think CCC maybe will have a convention center.. or maybe it just depend on PICC which really nearby

Your sound like the herd behaviour of keep repeating the same prof. herd theory over the last few years. Its outdated. Dont get stuck in your herd behaviour. Life goes on, pls move forward.

Oopsi 🐒

KLCC / Ampang Park. I bought Lakefront Residence.

Our group of friends also working in Klcc area n living in cyber.


quote=cedm,Oct 23 2016, 01:41 PM]
KLCC / Ampang Park. I bought Lakefront Residence.

[/quote]

People living CJ know the difficulty of getting car parking and queuing for food during lunch time and Jaya is quite full and long lining up to pay and so on.....getting worse as months pass by.

Perhaps u might not see these happenings last year or so..so let us forget Dr Ice theory of 20 Towers..and enjoy a good life here despite tough to get parking and so on

Let move on ..

This post has been edited by SKY 1809: Oct 23 2016, 01:46 PM

Dr. Ice, keep quoting the prof who study herd behaviour doesn't mean that u really understand herd behaviour and doesn't proof that u r not

U mentioned NAPIC also doesn't mean that u really familiar with the numbers in cyberjaya, u never extract any number from napic to discuss here but only "more than 20 towers", I can't recall there is a tower statistic when I read napic summary, correct me if I'm wrong.

DR Prof Ice talks only in CJ and 20 Towers......a theory he thinks could never go wrong..without offering any other supporting facts and fig.

Any statistics published would be supported with an explanation on how the info is gathered and compiled. Not just 20 Towers, nothing more and nothing less.

He also Q the quality of our U degrees...and yet he produced such a short n quality theory ..

If only handful out of a big population buys for their own reasons ...can Dr Ice calls it Herd behavior, and we do not even know each other..though we stay in CJ..Who we follow actually Dr Ice ? By going against a trend/tide is also herd behavior ?

Most people would spend some time to study before they actually buy a property in CJ coz first thing in their mind CJ is a failed SV. So they become more careful. By doing so, it is not herd behavior per se .

This post has been edited by SKY 1809: Oct 23 2016, 03:02 PM