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 Why U Buy Cyberjaya? v7

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SKY 1809
post Jun 5 2019, 02:04 PM

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QUOTE(wild_card_my @ Jun 5 2019, 01:59 PM)
No, I have to agree with ice. You have to be fair, when you claim/accuse someone of saying something, you should be able to come out with the exact quotes/post when requested. This is not something said in the passing. It helps with your argument too if you can point to the right comment.
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Why the need I have to asnwer Ice.. biggrin.gif

He/she ignores my Questions many many times in the past..

If u are so free..just go and check the US Stock Forums back ...BTW do u know what is " blood in the street " means ?

This post has been edited by SKY 1809: Jun 5 2019, 02:06 PM
SKY 1809
post Jun 5 2019, 02:10 PM

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QUOTE(wild_card_my @ Jun 5 2019, 02:08 PM)
The burden of proof lies on you. You can't accuse someone of something and then when asked for proof you say "you find yourself lor. he's like that one. people already know him as a liar la lar"
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Is he not a Liar ? Pls prove to me lor

This post has been edited by SKY 1809: Jun 5 2019, 02:11 PM
SKY 1809
post Jun 5 2019, 02:17 PM

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QUOTE(wild_card_my @ Jun 5 2019, 02:15 PM)
Dont change the subject please. And now you are accusing other people of liars. The burden of proof still lies (haha) upon you.

If you are not interested to give the links or answers, its ok.
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Do u know he used other identities besides Ice to talk in forums ?

The link is US Stock Markets lor

This post has been edited by SKY 1809: Jun 5 2019, 02:19 PM
SKY 1809
post Jun 5 2019, 02:25 PM

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QUOTE(wild_card_my @ Jun 5 2019, 02:20 PM)
Do you have proof on this? You keep laying down these accusations but cower in fear when asked for proof.  laugh.gif
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If challenged in Court..I would provide ..proof..



This post has been edited by SKY 1809: Jun 5 2019, 03:25 PM
SKY 1809
post Jun 5 2019, 02:31 PM

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QUOTE(wild_card_my @ Jun 5 2019, 02:28 PM)
As good as saying you don't currently have any. Like I said, cowering when asked to provide proof. If challenged in court, it is not a matter of "would" but you are required to do so to defend yourself.

I understand, this is your quality of argument. Did you invest in Cyberjaya too?  laugh.gif
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U do not basically understand what is investment...

Not every asset class is termed as an investment

And as a Finance Guy like u..first thing first ..do not give biased opinions to clients ....it is their lifestyle , not yours ..U do not make decisions for them

This post has been edited by SKY 1809: Jun 5 2019, 03:06 PM
SKY 1809
post Jun 5 2019, 02:48 PM

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QUOTE(wild_card_my @ Jun 5 2019, 02:42 PM)
On the contrary, as an affiliate Registered Financial Planner, one of my function is to advice my clients against making bad financial decisions.

But take note that given that none of you is paying me any fees, you cannot construe my words as financial advice - just my personal opinion.

And my personal opinion is that investing in Cyberjaya as it is now is a folly. Ive laid out my arguments backed with numbers/facts/observations and event on-the-ground photos.
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What are the " bad financial decisions" if yr client buys a property in Cyberjaya just for home stay if he can well afford it , for his/her own lifestyle ?

This post has been edited by SKY 1809: Jun 5 2019, 06:27 PM
SKY 1809
post Jun 5 2019, 02:56 PM

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QUOTE(kkk8787 @ Jun 5 2019, 02:40 PM)
He did give his professional advice to avoid cyber and buy serinia . As he bought one there
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Half empty tank always sound louder ..

This post has been edited by SKY 1809: Jun 5 2019, 03:10 PM
SKY 1809
post Jun 5 2019, 03:54 PM

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QUOTE(wild_card_my @ Jun 5 2019, 03:40 PM)
It is not quite a surprise that you guys invested in Cyberjaya. You can't even differentiate "professional advice" vs. "advice from a professional". Do you consider salesmen pushing their products as giving their professional advice too?  laugh.gif  laugh.gif  laugh.gif

Keep in mind, if you do not pay me any fees, you can't construe my posts as a professional advise.
Exiting. As it is, the prices in the city is too high, while there are plenty of untenanted units. Even if you bought the units for own stay:

1. you may be better off renting
2. you cant as it is confirm that you would be staying in the units forever, you may need to move in the future
3. very difficult to rent out or dispose cyberjaya properties - low and depressing prices.

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As a professional adviser like u ..should not u understand the needs of a client first as below, before u answer to him as above in red ? >

1) his need for home stay i.e to buy as home stay ( 100% confirmation by him) , and not buying as an investment per se
2) He has all the financial abilities to buy ( after u fact find )
3) he likes Cyberjaya a lot ...as his preferred lifestyle to live ( 100% confirmation by him )


So What are the " bad financial decisions" he needs to consider if u client buys a property in Cyberjaya just for home stay if he can well afford it , for his/her own lifestyle ?

This post has been edited by SKY 1809: Jun 5 2019, 04:03 PM
SKY 1809
post Jun 5 2019, 04:09 PM

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QUOTE(wild_card_my @ Jun 5 2019, 04:03 PM)
No need, because I am not giving professional advice. Just sharing my personal opinions about the place.

I never brought the fact that I am in finance nor bought serenia into this discussion, you guys did. Nor have I tried to hide or eide my professional services in my arguments unlike some of you hiding, cowering in fear when asked for material proof to back your accusations

Why? Because what I said about Cyberjaya is true as I backed my assertions and arguments with facts figure, and photos. You cant defend against my argument so you try to hit below the belt

And these are the people who invested in Cyberjaya? I am seeing a pattern here laugh.gif
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U said u are affiliated to Financial Planner Body , but I seldom see u using or applying any Financial Planners' basic concepts .. hmm.gif

U are always a Decision Maker per se ..i.e not assisting clients to fulfill their needs ..and aspirations ..

This post has been edited by SKY 1809: Jun 5 2019, 04:11 PM
SKY 1809
post Jun 5 2019, 04:31 PM

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QUOTE(wild_card_my @ Jun 5 2019, 04:19 PM)
Well some of you guys claim to be investors but you guys bought Cyberjaya anyway laugh.gif

Haha ok I kid, I kid. But seriously, not everyone has to practice their expertise for the unworthy, undeserved, and unappreciative. My capacity in this thread was to discuss what I felt about investing in the city, not to do a holistic financial planning for you - not that you would listen anyway, stats and data have shown that Cyberjaya investors are facing multille problems, but you turn a blind eye on those:

a. Depressing price
b. Depressing rental
c. Difficulty to exit
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No point to argue any further..coz I am lazy to show u or prove to you which Financial Planner Textbook says u are wrong...

But for people who know Personal Financial Planning, basically they know what I am trying to say ..

This post has been edited by SKY 1809: Jun 5 2019, 07:06 PM
SKY 1809
post Jun 6 2019, 07:59 AM

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QUOTE(ManutdGiggs @ Jun 6 2019, 06:00 AM)
Since 2012??? U got the wrong guy liao aunty. Dun use the wrong acc to comment la 😂😂😂
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Ya , a Lxxr would use multiple accounts to talk in forums without shame....

Remember her famous phrase those days > BLOOD WOULD BE IN THE STREET> she said that in many investment forums..

If an expert uses such a term in stock markets meaning the markets would crash soon....

And yet that woman repeatedly abuse the same phrase in forums without having the conscious of hurting others..

This post has been edited by SKY 1809: Jun 6 2019, 08:59 AM
SKY 1809
post Jun 6 2019, 09:21 AM

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QUOTE(oucheev @ Jun 6 2019, 09:08 AM)
OK noted because I went to see a few condos there and they are not as bad as what he was saying. In fact, I like the peace and quiet there and it will be convenient too due to the easy access.
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Remember :-

1) u are the decision maker ( for buying a property ), not others , so u have to decide what are your needs and aspiration ( or Goal )
2) decisions for buying for home stay are diff from investing in properties..
3) decisions for buying for home stay , may cover decisions whether the property fits into your lifestyle, your own preferences and priorities plus finance
4) Do a Due Diligence study on property u intend to buy ..pros and cons , lots of filtering of unwanted " noise "
5) It is a buyer market. i.e there is no need to rush..
6) others

The above may not be complete ..but just a simple guide

Good Luck to u

This post has been edited by SKY 1809: Jun 6 2019, 09:31 AM
SKY 1809
post Jun 7 2019, 04:41 PM

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QUOTE(oucheev @ Jun 7 2019, 04:01 PM)
If you’re going to buy property for own-stay, it mean you’re not planning to move out in a considerable period of time. A lot of people are probably planning to stay forever in the same place. You’ll probably spend a lot on renovating the place and when you’ve spent so much on renovation, why then do you need an exit strategy unless you’re planning for short term stay? If you’re really planning for short term stay instead of long term stay, renting is probably a better option as you do not need to spend anything to renovate. For long term stay, why do people want to rent and be restricted by the owner when they can own the property and do whatever they want with the house they are staying. Even if they are changing jobs, Cyberjaya with easy access to two highways should not be much of a problem. There will be MRT coming to Cyberjaya in the future too.

You keep using Domain 5 as your basis of criticism but when people asked you about other properties as comparison, you always go back to criticising Cyberjaya without offering anything in contrast. When people say anything about Serenia, you become defensive and claimed you do not own property there. Your basis of criticism of Cyberjaya is purely based on the place you’re staying and your observation of empty units today. Yes, there are no doubt a lot of vacant properties in Cyberjaya today due to too many investors and developers building too many units. But for buyers today, you’ll probably get a lot of good deals as the price has dropped tremendously from the original price. Where else can you get 1,000 sqft and above condos in Klang Valley priced below 500K and in some cases even below 400K where the condos are mostly not more than 5 years old? In my opinion, there are bargains to consider at Cyberjaya now but I am sure you’ll come out with your toxic asset rantings again because your friend is stuck with Domain 5. To borrow from Kopitiam, your friend usually means yourself? Sorry, its just a joke!

You even criticise the park not well maintained as one of the reasons why Cyberjaya is terrible. According to Google, Cyberjaya Lake Gardens is rated 4.1 stars out of 5 stars while Taman Mini Cyberjaya is rated 4 stars out of 5 stars. Compared to other parks, are these two parks so badly maintained? I've been to the two parks. They are not as bad as you said. There are rooms for improvement but it is not as terrible as you are saying. Do you even know that there are lots of places in Klang Valley where you don’t even have a park while Cyberjaya has plenty of greeneries and open spaces.

Since you don’t make comparison about Cyberjaya with other areas, let me compare Cyberjaya with Jalan Klang Lama. I am using Jalan Klang Lama because I am staying there. Based on my observation, anyone who buys condos at Jalan Klang Lama will be burnt as well as there are lots of:-

a. empty/untenanted units that have already been vacant.
b. unsold developer units.
c. continued residential development by these mini-developers despite other developers unable to sell their own completed units (go to property section and read about Citizen 1 & 2).
d. inept management by MPPJ (look at the road conditions that are deteriorating).
e. haphazard development causing terrible jams every day.

I have added two more points:-

f. there are lots of slums at Jalan Klang Lama
g. crime rate is terrible in certain part of Jalan Klang Lama

See, I can also use your same justification to say Jalan Klang Lama is a terrible too because if you drive through Jalan Klang Lama at 8.00 pm, there are plenty of empty condos too. Heck, please compare Domain 5 with Scott Garden and see which one is more terrible. You can also say the same about some of the big Mah Sing projects like Icon City, Southville, etc. Don’t forget about Empire Damansara. If I want to list, there are so many other projects where there are all sorts of problems. I do agree Cyberjaya has some terrible properties too but does it mean the whole Cyberjaya is terrible? Generally, rental everywhere has fallen the past year or two. Even those holding properties at center of KL are facing rental problems because there are just too many properties priced out of reached most Malaysian today. The point I am trying to make is what is Cyberjaya is facing is also being faced by a lot of other properties in the whole of Malaysia. It will takes years for the market to correct itself and Cyberjaya will face the same correction too.

Is Cyberjaya really that far away from anything meaningful? Let’s compare Domain 5 with Serenia and your favourite Eco Majestic. To reach KLCC from Domain 5, it will take approximately 35 minutes while Serenia and Eco Majestic will take approximately 45 minutes. The distance from Domain 5 to KLCC is about 34 km while Serenia to KLCC is about 46 km while Eco Majestic about 37 km. You can check Google maps if you don’t believe based on non-working days. If I use your analogy, Serenia and Eco Majestic are even further away from anything meaningful? Cyberjaya was Tun M’s idea to build a silicon valley in Malaysia. It failed because of various reasons. However today, it is still playing host to a lot of IT centers in Malaysia. It might not achieved what it was originally intended but it is not a complete failure and neglected by the government. If it is totally neglected, why the heck are they building MRT to through Cyberjaya? MRT was even planned during Najib era and they did not even cut the stations for Cyberjaya. Also, why the heck are 5G being tested in Cyberjaya first? Don't forget, the internet in most of the places in Cyberjaya are better than a lot of other areas in Malaysia.

As for MBS, is their competency the worst compared to other Majlis Perbandaran? My point is on what basis of your claim MBS is incompetent? It is basically run like any other Majlis Perbandaran in Malayia today where no Majlis Perbandaran is very good or very bad.

Nobody says Cyberjaya is a ghost town. Only you and IcemanX seems to keep saying it is a ghost town. It might not be crowded like PJ or Subang but it is not totally devoid of people which is why it might be attractive for some people who prefer a quiet place. It might change in the future but if it does change to be as crowded as PJ and Subang in the future, it will probably mean the place has turned around. Properties will probably appreciate by then but people like you and IcemanX will just say wishful thinking of Cyberjaya investors. If it does not become crowded and remain the same, there’s no loss as anyone who buys Cyberjaya today for own stay probably prefer it remains the same anyway. Those investors/flippers who are burnt, why does people who call Cyberjaya home care?

Cyberjaya is not owned by a single developer like Eco Majestic or Serenia. It is similar to many other places in Klang Valley where dozens of developers build properties. It does not have a master development plan like Eco Majestic or Serenia. So you’re not comparing apples to apples. You’re comparing apples to oranges. That is why the price of properties at places like Eco Majestic are usually priced higher and in most cases beyond the reach of lot of people. If you can afford such places, good, but a lot of people who can’t afford such places can still buy properties at various places develop by different developers. Let’s compare Cyberjaya to Puchong. Is the way Cyberjaya being developed worse than Puchong. Jalan Puchong are not designed to handle so many vehicles but so many properties were built around Puchong the past decade. Originally, the developer at Puchong were only IOI and SP Setia. Today, there are so many developers building condos and houses along Jalan Puchong. There are condos in Puchong that has become terrible too but can I call whole of Puchong as toxic asset?

I understand that there are a lot of people got burnt in this thread because they invested heavily in Cyberjaya especially the flippers. That is why they are defensive when people like you and Icemanfx criticise Cyberjaya like it’s some sort of hell on earth. What I don’t understand is why people like you and Icemanfx who hate Cyberjaya so much spend so much time and effort criticising Cyberjaya in the first place. It is even more puzzling for you to criticise Cyberjaya like the worst place in Klang Valley but still prefer to work and stay there. If I were you and hated that place so much, I will just leave and not continue ranting about the place day in day out especially when I don’t have any property there. If you still decide to stay then I am sure there must be some good reasons and hence, Cyberjaya is not the hellhole like you say.

All I can say is anyone who are interested to buy property at Cyberjaya, do not listen to IcemanX and Wild_Card_My. I have read through a lot of their comments because I was thinking of buying a condo at Cyberjaya for own stay. Some of their views has valid facts but most of their views are biased. They don’t want to admit it but you make up your own mind by reading all their comments in this thread. Do not listen to the views of investors in Cyberjaya too as they have their own motives too. Do your own research. Go and visit the properties being sold there. Test out the distance to your workplace. Don’t just consider distance, you should also consider things like LRT, MRT, Highways, accessibility for other areas, etc. Consider cost and your affordability. Do not wear a hat that is too big for your head. Compare it with other areas and consider all the pros and cons carefully. Just make your own decision after that.

Lastly and most importantly, who the heck makes you and IcemanX the official spokesperson of everything bad about Cyberjaya? This thread is about “Why you buy Cyberjaya” and not “Everything bad about Cyberjaya”! Anyway, I am sure you or IcemanX are going to come out with another long list of reasons why people should not invest in Cyberjaya and everything bad at Cyberjaya.
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Well Said ( from an Outsider Point of View)

SKY 1809
post Jun 7 2019, 04:49 PM

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BTW , the frequency of flash floods for one Year Period of time >

1) Putrajaya ( 1 time )
2) Puchong City ( 1 time )
3) Cyberjaya ( One time )
4) KL City ( more than 1 ? )

So Cyberjaya is not worse off as people here claimed . These people only biased towards Cyberjaya .Puchong City and KL City have some track records of flash floods

This post has been edited by SKY 1809: Jun 7 2019, 05:48 PM
SKY 1809
post Jun 7 2019, 05:25 PM

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QUOTE(wild_card_my @ Jun 7 2019, 05:16 PM)
Please share your source
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1) Flash floods hit Puchong as motorists caught in massive jam
Read more at https://www.thestar.com.my/news/nation/2018...e0k3tsO9lYbA.99

2) https://www.edgeprop.my/content/1507633/two...h-flooding-city

3) https://www.nst.com.my/news/2016/05/146755/...y-high-rainfall
this was the old one. And one flash flood occurred 2 months after PH won the election. I knew coz I passed by the area.

This post has been edited by SKY 1809: Jun 7 2019, 05:26 PM
SKY 1809
post Jun 7 2019, 05:53 PM

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Owning home a distant dream for the young

https://www.thesundaily.my/local/owning-hom...-young-NI947483

While owning a house is a dream come true, especially for young people who have secured jobs, it may remain a pipe dream for many.

This post has been edited by SKY 1809: Jun 7 2019, 05:54 PM
SKY 1809
post Jun 7 2019, 07:39 PM

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QUOTE(xXwasabiXx @ Jun 7 2019, 07:16 PM)
Im investor in cyberjaya, and i can say the roi is terrible. But its okay, i can foresee the future of cyber, with upscale grocer, mrt and hospital. @icemanx, no need to bring out hospital debate in other area again as u said before long time ago. i can hodl for several years down the road.

i have to say one thing, buy a house there (condo/landed), good place to stay. i like the environment.
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Ya , that is the real fact...i.e I agree with what u said ..

This post has been edited by SKY 1809: Jun 7 2019, 07:44 PM
SKY 1809
post Jun 7 2019, 07:47 PM

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PETALING JAYA: How much would you pay to eat the King of Fruits?

A wealthy businessman paid a whopping 1.5mil baht (RM199,289) for a single Kanyao durian at an auction at the King Of Durian 2019 festival in Nonthaburi, central Thailand, on Saturday (June 1).


Read more at https://www.thestar.com.my/news/nation/2019...ghUayFRJUbS6.99
SKY 1809
post Jun 7 2019, 09:21 PM

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QUOTE(kekhitam @ Jun 7 2019, 08:54 PM)
Dont stay in cbj, crime rate so high with flashflood
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Crime and flashflood risk takers would avoid Cyberjaya for sure ..

This post has been edited by SKY 1809: Jun 7 2019, 09:23 PM
SKY 1809
post Jun 8 2019, 03:07 PM

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QUOTE(kekhitam @ Jun 8 2019, 01:59 PM)
I will give the same advice 🤣
Parking at dpulze is terrible now. Same as taman tasik cyber during the weekend.  A lot of my colleagues start move/rent in cyber because they want transfer their kid to sk cyberjaya. Urghhhh. 🤬🤬
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Quite hard to get car parking during week day lunch times..in some places..

But I do not see ghosts around as some claimed....

This post has been edited by SKY 1809: Jun 8 2019, 03:08 PM

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