Lelong unit sold at below 200k.
Good catch.

Its true that cyber is over supply as like other place nowadays.

For cyber, previously most of the condos is by investors rented out to students n foreigners but now more local moving in especially those affordable housing will be stay by local owner.

Found this..

I noted a real case of this scenario that played out in Cyberjaya.

A few years ago, a young individual (A), in his 30s, bought a luxury apartment unit at a staggering price of RM900,000 for 775 sq ft — approximately RM1,161.29 per square foot.

This pricing rate in Cyberjaya is shocking, but what is even more alarming is that there were many more properties launched at the time with such prices.

Purchasers were still bullish in their outlook despite sky-rocketing prices. Unsurprisingly, these property purchasers' bullish stance has turned into a catastrophe, particularly in the last two years. To illustrate, A had secured a loan for RM800,000, equivalent to approximately a RM4,000 monthly loan installment.

However, the market rental price could only stretch up to RM1,500 a month for that unit. Expectedly, after three years, A was unable to serve the loan commitment. In 2020, A's unit was auctioned off at a mere RM265,000.

In conclusion, A did not just lose the apartment unit through the forced auction sale, but has also slumped into outstanding debt of around RM500,000 that will impact his life. Certainly, this case depicts only the tip of the gargantuan iceberg that is the property market.

https://www.nst.com.my/opinion/columnists/2...valuation-model

lot people scold hater i think cause bias investor want to play "IT" catch friends to buy cyber XD. I will not deny cyber is a good office area.

I feel very hard to catch local feelings.

But if u visit IOI City Mall, u will start to see a good mix of demographics. Malay, Chinese.

Cina awek also wear low cut no problem

Cjaya is a failed TM project, same as Shitera, Proton, Bakun, .....

how long will it take for me to travel from cyberjaya to bandar utama and which route is the best for me to take ? . I do know that LDP are heavy during peak hour.

Currently im looking to buy houses for own stay and Cyberjaya seems very good for me since there are lot of cheap option .

No bidder at 373k. Further 10% price drop.
Now at 7th round re-auction.
B3-03-03A, Jalan Mirage 3, Mirage (Mirage By The Lake)
Reserve price 🔥🔥RM 335,700🔥🔥
Freehold
1013sqft, 2 car park
Auction: 17-May-2021 (Mon)
*Non bumi lot
*Vacant unit
*Double transfer process.

Previous Auction(s) for this property
Auction Date  Price
2021-05-17      RM373,000.00
2018-11-24  RM413,350.00
2018-09-22  RM459,270.00
2018-08-18  RM510,300.00
2018-08-04  RM567,000.00
2018-07-21  RM630,000.00

From 630k....

Yes if you calculate the raw distance

The reason why ppl still feel CJ is far is because between the travel between CJ and KL there is no other worthy place to go

If you stay in Klang, the travel to KL means you go through Shah Alam, Subang and PJ

If you stay in Rawang travelling to KL, you will see Sg Buloh and Damansara areas

If you stay in Semenyih travelling to KL, you will see Kajang and then Cheras

If you stay in Cyberjaya travelling to KL? You will see nothing in between .. maybe Bukit Jalil when you near KL but before that nothing ..

Thats why ppl still feel Cyberjaya is “far”
The only neighbouring city nearby is Putrajaya and Dengkil .. which is a similar dead city

Yeah but the Mex hiway exit to Seri Kembangan is in the middle of nowhere

This video was so impressive, i am impressed by all the plans. Sadly.. it is not the reality

First time heard of this word, megajaya

But indeed very geng, new administrative city + new intelligence city and a new big international airport.

Very big mega projects. That time sure pretty jaw-dropping to hear all these

And it actually included LRT in the plan. If will be nice if today we have LRT surroundings cyber to putra to KLIA. Blend very well with the MRT 3 line

what happen to the planned LRT for megajaya, scrapped before it started?
i only know about failed monorail near putrajaya sentral.

After investing so much money (at the expense of ignoring the maintenance of other areas in KL) initially to make this place look like Singapore, govt of course would want private money to continue the momentum.

SILICON VALLEY of Malaysia is a failure

sad to say it is.. but because it's not silicon valley like, i think I'll be getting a bigger unit here. prop price is cheap here and with how quite and near it is to the airport my wife and myself likes this place.. 4th year living in cyberjaya.

Distance to KL is shorter and less jam too than from Putra heights

When people are paying tolls, they would be speeding on highways.

My friend stay at Putra heights, need pay through many tolls too.

OMG, I have not been using elite regularly for 5 years. I used LDP which was smoother.

If u Malay, cyber ia for u.
If u not Malay, it is ok if u like peace and like to drive out 10 minutes for food.