Cyberjaya the lelong precinct

No bidder even at below 300k.
Further price drop.
Updated details as below:
T1-39-03, Sky Park Tower 1
Reserve price 🔥🔥RM249,320🔥🔥
Freehold
705 sqft
Auction: 22-Oct-2020 (Thu)
*Non bumi lot
*Tenant occupied unit

2 units sold today in the lelong market.

Studio unit from 171k sold at 185k.
&
982sqft unit sold at reserve price 303k. Single bidder won unchallenged.

Good catch. All way below launching price.  :thumbsup:

Both unit no bidder. Further price drop 10%.
Updated price and details as below:
T2-36-05, Lakefront Residence
Reserve price🔥🔥RM 349,000🔥🔥
Freehold
1323 sqft (Type C - with 3 balcony)
Auction date: In Dec 2020
*non bumi lot


T3-9-02, Tower 3, Lakefront Residence
Reserve price🔥🔥RM 379,020🔥🔥
Freehold
1292 sqft (dual key)
Auction date: In Dec 2020
*non bumi lot

No bidder this unit. Drop below 400k now. Wow.
Should be the cheapest ever lelong unit for 1442sqft size.
Coming at the right timing. Maybe if lucky can really grab at reserve price win without challenged.
1-42-01, 42nd Floor, Block 1, Verdi Residence
Reserve price 🔥🔥RM 385,000🔥🔥
Freehold
1442sqft (dual key possible), 2 car park slot
Corner lot
Auction:   09-Feb-2021 (Tue)
*BUMI lot

Wow. 385k. Even after lelong owner will need to top up the balance to bank, right?
I still remember 6 or 7 years back, 1442sqft was selling at almost 900k.
Owners must be bleeding

Another lelong unit check in.
This time from Tower 4.
Seems like a cheap price?
T4-05-08, Lakefront Residence
Reserve price🔥🔥RM 330,000🔥🔥
Freehold
950sqft
2 car park
Auction date: 20-Feb-2021 (Sat)
*Malay owner

Another lelong unit check in at below 400k.
Never ending.
A-03-07, Block Amethyst, Jalan CSR 1, Cristal Serin Residence
Reserve price: 🔥🔥RM 396,900🔥🔥
Freehold
1521 sqft
Auction : 22-Feb-2021 (Mon)
*Non bumi lot
*Strata Title of the property has been issued and the Developer is not agreeable to a direct transfer to the successful bidder.

Its growing n maturing

Cyberjaya have enough population and far from being ghost town la. Do u live here?

from what I see, some gone more than 20%

there is this one condo in Cyber area, pre Covid most of the landlords would ask for rm 2K and above, now going as low as rm1.2K. that is kinda low.

Once again another lelong unit check in from here.
Never ending.
A-05-05, Block Amethyst, Jalan CSR 1, Cristal Serin Residence
Reserve price: 🔥🔥RM 378,000🔥🔥
Freehold
1302 sqft
Auction : 22-Apr-2021 (Thu)
*Non bumi lot
*Double transfer process

My unit already comes with the water pump (and I believe so for all other units). I bought it from developer for own stay, glad that I bought it and moved in before MCO; regret that I bought it too earlier from developer at almost 800k after all the discount when it just launched. Saw ppl asking for only 700k at iProperty... Heartache.

But I think to be safe, you ask the SA to switch on the electricity and try. Who knows if the unit left vacant for too long, some of the stuff may not be in perfect condition i.e. water heater, aircond, pump and etc.

Hi guys. Im buying an office lot for cashback. Currently serving loan n maintainence is around 3500/month.

Office rental very low at current situation. So i was thiking to do some renovation and rent it out as theme home for AirBnb. Its 1000sqft open space. That way i can manage the installment.

Question is. Is there any issues converting office space to a theme home doing airbnb?

Empty 1.5k
Furnish 2.5k

Yaa. Hard to find tenant plus rental very low. Thts why decide to convert it to airbnb.

Personally i think the building is good looking brand new. And the location is central. Easy access.

830k spa. 350k cashback.

My friend's condo in Cyberjaya, rental dropped from 1200 a few years back to 950 last year to 800 this year.

33% drop.

If you are just going to be a "tenant", anywhere is fine for you, really.

There isn't much in Cyberjaya so if you're looking to establish "new connections" or rekindle your "social activities" then don't bother - it'd be best if you do all those immediately after work before you return home because once you head home, you don't come out cause the travelling will discourage you if your determination doesn't.

In terms of food selection, it is very limited as of now. Just a handful of decent places where you can get a good meal and 90% of them are fast food. Uncle Don was recently opened so that's that. I would still advise you to "dabao" before going back home.

That's what i've gathered thus far from my 5 years experience living in Cyberjaya.

It depends on what you want in home surrounding. If you're looking for peace and quiet as well as cleaner air and environment, then cyberjaya is very good. If you're those who looks for social activities like pubs or drinking places, you'll be bored. However, if you're into jogging or cycling, cyberjaya is one of the best with good parks and roads.

As for non-halal food, it is better than a few years ago. There were more non-halal restaurants opening before pandemic but unfortunately, the pandemic caused a stop to it. As for fast food, everything is available here. There are also a lot of cafes and western food too. The nearest Chinese kopitiam type food are available at Puchong which is about 20 to 30 minutes drive away.

Shopping is limited to a few small malls only. Basically, neighbourhood malls and not big malls like mid valley. However, IOI City Mall is not too far away. That is why need to have some sort of own transport such as car or motorbike.

The good thing is there are a lot of new condos where you have a lot of choices. Need to be careful as some are better and some are not so good especially the cheaper ones.

I would say no.

Coming from someone who stays in Malay majority area… food choices are scarce for me. If I could turn back time, I’d move to a place with more Chinese food options and variety. This area that I’m staying now 9/10 restaurants all sell the same thing. After one month, you get sick of the food options here and start making your own meals.. that is if you have time.

late 20's and cyberjaya wont mix unless you work there. almost a dead city thr, travel time long to KL to kajang, if u looking for quiet and simple lifestyle with minimum human interaction, might be a good place to avoid friends and family from other place. i see most ppl oni hangout at the mekdi and starbucki opposite the dhl office je most of them time, up ahead that mainroad got a mall but i heard inside oso not much thing to do, pretty much the current starling mall tho.

if u looking for some chinese food, the small town in dengkil might be your only choice but oso only kopitiam level of chinese food. public transport accessibility almost non existence maybe once MRT2 opening you have more choice.

if u ask me, i would rather settle down in kajang area (although kajang is not for human live 1 as according to hurricane21) or some where near nilai or cheras where you basically have more choice for everything.

edit:typo

Why some parts of the story don't add up?

If u really earn pass 5 figures (even a lower band) you wouldn't care about the RM500 difference in rent between KL and Cyber. And honestly la, cyber rent isn't all that cheap. A 900 sq ft in cyber cost around RM1.3k and it's about the same as some areas in KL.

Ok, and then u talk about food and say u don't cook. Unless u like Malay food, get ready for your food bill to shoot up if u only want to eat Chinese food in cyber. Cyber do have Chinese restaurants but the restaurants there are not those shops that have several vendors in them. Cyber has zero of such stalls. The Chinese restaurants in cyber is normally those air cond types so u can be sure your Yeong Cheow Chow fun will cost a minimum of RM10. If u dont mind, then oklor. And mind u there is only around 3 Chinese restaurants in the cyber area. And u may hear some people say Dengkil/Taman Equine. Yes, but u need to drive at least 20 minutes to get there. U ok with this?

And ur job now can WFH. Yes, but have u thought how far this gravy train will go? Once no more WFH, easily 80% of jobs are in KL/PJ. By the way where is your office?

And mixing with ppl. Cyber is generally 70% Malays, 20% Foreigners and 10% Chinese and the rest. Who u want to mix with? And where u think u can mix with them? Cyber only 1 pub, so where u intend to make friends? Park? MCD?

The only point going for cyber is only their slightly better air quality. But with all the construction going on, how much better than other parts of Klang valley?

And what job u doing?

Not much entertainment/watering holes in cyberjaya so to speak.

Ah, as mentioned on my earlier posts, these are air cond/contained Chinese restaurants, therefore the price will also be higher. And nothing to really shout out for only 1 BKT shop. If the taste not ngam u then how?

And while 20 may look like a lot, when u seperate their food type (eg: pan min, bkt, etc) there really isn't much choice for a certain food item. And good luck if u missing some of the other Chinese food like soups/porridge/claypot chicken rice.

You wan peaceful and quiet, tons of townships that are also peaceful and quiet, with good variety of food. Doesnt necessarily have to be Cyberjaya.

TS can consider some of these townships:
1. Setia Alam (new but developed)
2. Bandar Rimbayu (new but developed, heard they got good variety of entertainment)
3. Kota Kemuning
4. City of Elmina (new and developing, but good choice of food due to proximity to sungai buloh, subang bestari, kota damansara, etc)

Good traffic, good variety of food, nice parks for jogging and cycling, and also very peaceful.

Cyberjaya full of Pak Arab and foreigners. No difference living overseas.

With Thailand and Vietnam also embarking on their 'cyberjaya' as well, it is a scary thought that Cyber can slowly degrade into a Rawang.

Imagine if more of the IT MNCs pull out of cyber. Fuh....

Do not buy property at cyberjaya if you're looking for investment. Only buy if you plan to stay there. Honest advise.

Surviving the Pandemic

Christopher Tan, 47, is one of many property owners who have had to let go of their properties during the pandemic.

As global travel came to a halt, Tan, who resides in Singapore, lost his job as a pilot in June last year.

To sustain his livelihood with his wife and two children, he had no choice but to offload his apartment in Cyberjaya last August.

"It was a difficult decision to make but that was the fastest way to get some cash although it was at a loss. I bought that apartment for RM826,000, but sold it at only RM450,000," he said.

https://www.thestar.com.my/business/busines...-pandemic-bites

cyberjaya has become kampung Melayu already.

no more world-class-diverse-international-conglomerate haven.

even nasi arab and mi tarik bangkrap already and replaced with indon-kelantan warung.

lol.

I joint a few whatsapp group of lelong  company.

Many properties kena lelong in cyberjaya.

and after few round of lelong still nobody want to take.

Really tak laku that place.

Pls avoid like plaque.

The gravy train for cyber is over.

MNCs in the past only invested in cyber because of the FALSE Perception that Malaysia will be less racists and NEP will slowly go away. Malaysia was very good at giving those perception for the last 50+ years.

Now many FDI knows that Malaysia has no moral compass and the REAL MALAYSIA is shown. With this new FACE the output of FDI on Cyber is amazing! So many leaving, no news of new takers!

Even if got IT FDI come in they will select the more multi racial areas.

Still have MNC coming in to build new Data center.
Less african/ middle Eastern also become an issue. Too many so an issue. There's always negative thing u can say if that's your focus only.