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Why U Buy Cyberjaya? v7
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AskarPerang
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 Sep 1 2017, 09:47 AM
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QUOTE(icemanfx @ Sep 1 2017, 12:01 AM) It seems opportunity is available if you know where to look. Agree. Apart from studio size unit where you can get it very cheap even below launching price few years ago, there are also a few normal size condo price falling way below price now. 1. Cyberia Smarthomes 2. Mirage by the lake 3. Arc Probably time to hunt for a unit from the auction market for those keen in investing in cyberjaya property now. This post has been edited by AskarPerang: Sep 1 2017, 09:48 AM |
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AskarPerang
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Sep 1 2017, 02:06 PM
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QUOTE(wsoon82 @ Sep 1 2017, 09:25 AM) About 6 months ago, I was thinking it must be a good time to buy landed property in cyberjaya, the economy is so bad for last few years, and sure a lot of good deals fire sales out there. I went online and search those deals like you did, I found attractive pricing, I contacted few cyberjaya agents, I told them I have money, show me your best deals, you know what? There is no real fire sales / below market deals. Those agents don't want my money? Nobody goes bankrupt and want to release their units? I am not asking you to trust what I said, I am telling you my real experience, and I am asking you to verify if what I said is true. You just need to call whoever posted those deals, if exist, go to view, then you would know if there is really such a good deal out there. I am not sure situation for the apartment/condo market in cyberjaya because that is not my target. It's a well known trick subsale agents putting advertise pricing at lower than what the owner is asking for. Just to get your attention and your contact number. Normal excuse is you are late, unit sold. If you are serious then I can recommend you a unit through auction. Brand new virgin condition unit. Owner did not even collect the key yet. Not exactly Cyberjaya address but Puchong South to be exact. Developer unit still available and selling at 1.5M above. 1.3M - nil bidder 1.17M - nil bidder 1.05M - nil bidder 948k - nil bidder 853k - can try your luck here  |
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AskarPerang
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Nov 13 2017, 09:06 AM
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QUOTE(ikankering @ Nov 13 2017, 09:03 AM) i believe every inci cyberjaya land will build house or office or building coz can sell expensive bcoz that Cyberjaya. live in cyberjaya same like live in silicon valley. can buy house 500k sell 1m tak? There is no 500k landed house in Cyberjaya at the moment. |
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AskarPerang
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Nov 13 2017, 09:09 AM
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AskarPerang
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Mar 11 2018, 06:12 PM
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QUOTE(kuci_mayong @ Mar 11 2018, 02:31 PM) Ask you guys who stay in cyberjaya. Don’t you think it’s really hot here? Every time I shower, I come out sweating and sticky again. The heat is really getting to me. I’ve stayed at Gombak, Bandar Utama before and I can’t say I remember it being as hot as cyberjaya. Also, it’s so hot that I don’t even have mood to go out to the park or bicycle around here. Actually is the current weather is hotter than before. End of last year or early this year, weather in KL is so cold until no need to on aircon at home. But now is seriously hot daily. |
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AskarPerang
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Apr 7 2018, 04:07 PM
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Another unit sold today at below 300k. 1000sqft Mutiara Ville condo. Here's the winner. Only single bidder. Wow. Nobody else interested even at below 300k. Check my previous posting to see the S&P pricing of such unit.  |
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AskarPerang
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May 17 2018, 08:12 AM
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Cheapest ever lelong unit. At only 244 psf???  Wow.  |
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AskarPerang
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May 17 2018, 03:52 PM
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Cyberjaya studio unit in the lelong market transacted at below 200k now.
Vega residensi, Garden Plaza, Cybersquare for example.
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AskarPerang
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May 17 2018, 03:59 PM
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QUOTE(wild_card_my @ May 17 2018, 03:53 PM) im not a longtime Cyber-squatter  are those prices below their purchase price? Yeah of course. Most of those props launched at 250-300k plus back in year 2013. If you are confident able to rent out at 1000 per month, is a not bad return actually. 6% yield. And rental for studio unit can go as high as 1200-1500 if you are lucky. |
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AskarPerang
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May 17 2018, 04:16 PM
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QUOTE(wild_card_my @ May 17 2018, 04:06 PM) i dont understand the ... correlation. keep in mind im in mortgages, but not a veteran prop investor how can properties that are being sold at very low prices... able to fetch 1-1.5k in rental? I live in Domain 5 and 80% the units here dont have any lights on at 8pm (when people are awake, but would turn on the lights) Since is studio unit. Not a good example to relate with the whole property market. 1000 rental normally able to fetch for a studio unit not at prime location such as Cyberjaya. Studio the resell market is very limited. Who gonna buy a studio unit? Of course is being passed hand from an investor to another investor. No couple or family will buy a studio unit for own stay. That's why you are not able to sell at high price coz the demand is not there. Is also the same like low cost flats. Can fetch high rental yield vs the buying price. But to sell back, is difficult due to restriction. Second factor is studio, oversupply in Cyberjaya. All developer launch studio size to make it look affordable for investors to buy and target students rental over there. |
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AskarPerang
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May 17 2018, 07:17 PM
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QUOTE(wild_card_my @ May 17 2018, 03:50 PM) Domain 5 got a few people who lelong their properties I think. I checked on Brickz and props as los as 180k are being sold (perhaps lelong?) Transactions on Brickz are past tansactions, the one you posted is reserve price... which can climb as people bid them QUOTE(AskarPerang @ May 2 2018, 03:55 PM) Bought at 250k in 2012. Lelong price today: A-5-22, Vega Residensi 1, Persiaran Sepang, Seksyen 6, Selangor Science Park 2, 63300 Cyberjaya 535sqft Leasehold New reserve price: 🔥🔥RM 182,000🔥🔥 Auction date: 15-May-2018 (Tue) This unit sold at reserve price. Single bidder. In 2018, you can still buy property that is way cheaper than the price in 2012. |
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AskarPerang
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May 18 2018, 11:07 AM
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Can still drop until below 200k? So cheap price already.
J-25-20, Tower J, Mutiara Ville Residence, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Reserve price 🔥🔥RM 206,672🔥🔥
560 sqft
Auction: 31-May-2018 (Thu)
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AskarPerang
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May 21 2018, 09:54 PM
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QUOTE(petirbuas @ May 21 2018, 11:30 AM) wow I thought that is studio unit Studio also got: Can still drop until below 200k? So cheap price already. J-25-20, Tower J, Mutiara Ville Residence, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor Reserve price 🔥🔥RM 206,672🔥🔥 560 sqft Auction: 31-May-2018 (Thu) Mutiara Ville king in lelong in Cyberjaya at the moment. Mirage By The Lake as well. |
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AskarPerang
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May 23 2018, 09:41 PM
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QUOTE(wild_card_my @ May 21 2018, 10:17 PM) Depulze? Why so low? Is it not looking good for Cyberjaya investors or what? Maybe change of government can revive Cyber? |
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AskarPerang
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Jun 1 2018, 02:57 PM
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AskarPerang
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Jun 1 2018, 05:08 PM
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QUOTE(AskarPerang @ May 18 2018, 11:07 AM) Can still drop until below 200k? So cheap price already. J-25-20, Tower J, Mutiara Ville Residence, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor Reserve price 🔥🔥RM 206,672🔥🔥 560 sqft Auction: 31-May-2018 (Thu) Yes as predicted. No taker. Price drop below 200k next: J-25-20, Tower J, Mutiara Ville Residence, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor Reserve price 🔥🔥RM 186,004🔥🔥 560 sqft Auction date expected in Jun/Jul 18 |
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AskarPerang
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Jun 22 2018, 11:00 PM
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Cheapest landed property you can get in Cyberjaya today via lelong?
No. 21, Jalan Sri Tasik Barat 1D, Summer Glades, Perdana Lakeview West
2 storey terrace, corner lot
Reserve price 🔥🔥RM799,000🔥🔥
Land area: 3186sqft
Freehold with strata title
Auction: 04-Jul-2018 (Wed), high court auction
Unit in lelong market since 2016. First auction reserve price was 1.35M.
Reauction frequency between 3 to 6 months once.
Vacant unit.
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AskarPerang
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Jun 23 2018, 11:54 PM
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QUOTE(wild_card_my @ Jun 23 2018, 11:25 PM) how come the reserve price started at 1.3m when the developer price is 830k? does that mean when the owner bought the unit, it was priced 1.4m+ and now even the developer themselves have to sell the units at 830k? I guess he meant developer early bird launching price 5 years ago was at 830k. First reserve price = the bank valuation price for that unit. Some people in of opinion that reserve price can be base on the outstanding loan amount balance, but that is incorrect. |
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AskarPerang
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Jun 24 2018, 12:40 AM
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QUOTE(wild_card_my @ Jun 24 2018, 12:04 AM) Oh it doesnt? OKay I have been misled for so long. How are reserve prices set? What is a "First reserve" price? How many reserve prices are there? Thanks in advance First = The first auction reserve price. Usually is the current market price. Is also well known that CIMB will place 1 or 2 units at low reserve price to attract ppl to come to their auction fair. |
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AskarPerang
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Jul 18 2018, 12:14 PM
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QUOTE(MSS @ Jan 14 2018, 12:12 PM) As i promise, have a look..... Successfully sold on 7 Sep 2017  Re auction again on 6 Jan 2018 (Owner willing to let it go and lose 40k plus easily)  Again re auction on 27 Jan 2018  Something really not right with this lelong unit. Sold for the 2nd time via lelong but now re-auction once again. Successfully sold on 7 Sep 2017 at 400k Re auction again on 6 Jan 2018 (due to bumi lot status) Again re auction on 27 Jan 2018. Sold at 329k And now surprise surprise. Reauction back once again on 21 Jul 2018  |
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