Thx bro loen.
Any sign of renovation there so far?
Seen Grocer village and book store ready for action?

When all wip towers are completed, cbj population need to more than doubled to occupy all units. The question is how long will it take?
Ans: Currently, Cyberjaya has a population of 127,000 people and the number is expected to increase to 500,000 by 2035.
If 16 years is projected to quadruple the population, 4 to 5 years is probably required to double the current population.

Based on the masterplan, it appears the high rises have been a collection of mistakes. The market has spoken, landed development should be priority over the high rises. This is rather bad town planning. Why would you build so many high-rises when there are plenty of land available, and so far away from the city center?

Those who bought the high rises got burned. The developers who sold them these units already got away. But now they are facing the same issues - property overhang.

Not sure if the city will recover. There is unlikely to be a critical mass of population anytime soon. I am afraid those condos will end up being so run down due to the maintenance backlog

The master plan needs to be ammended.

Until population is more than doubled, overhang will remain and price stay suppressed.

believe population projection is derived from property development; given national population growth is slowing, mean overhang is likely to widen.

Too wide actually coz the group consist of all type of property. As other places will have old property be it PPR or low cost flats or landed houses.

Just zoom in for newly completed property falling straight into lelong.
Jalan Ampang actually is at the top if zoom at very specific zone/area. M City and The Elements until today (3 years or more after VP), still got never ending auction units. Joining in by Arte+ and 3 towers. Newly completed.

p/s: This is a better website to do a quick search: https://www.lelongtips.com.my/search/cyberjaya/?page=1
Few landed property. Majority high rise.
Lakefront, Eclipse, Tamarind, Kenwingston all newly completed.
Cyberia, Mutiara Ville and Sawtelle Suites never ending available in lelong market.

Property is illiquid; from loan approval to vp takes a few years. number of borrowers with 3 or more housing loan may have dropped in last 2 years but there are still substantial numbers within the system.

correction is complete when property overhang is reduced substantially, which is not in sight yet.

malaysia urbanization is among the highest in asia, number of potential migration from countryside is limited.

cbj has been the playground of ft minister in last administration. population growth was derived from planned number of units/development. cbj hospital will likely end up as white elephant.

You forgot those who are stuck in a limbo - they are not forced to sell as they are able to pay off the installments even out-of-pocket, but at the same time they cannot sell because the MV has dropped considerably. This is apparent in Cyberjaya as since the 2011, plenty of mini-developers who bought small parcels of land from Setia Haruman are only able to "build-upwards" to maximize the value of their purchase. Unfortunately this happened all at the same time, and now the "market-correction" is punishing everyone who didn't think things through before buying the high-rises in Cyberjaya.

It is very likely that the investors failed to do the numbers, they got emotional with their purchases/investments. Someone with a sound mind would be able to thoroughly see what Cyberjaya high-rise properties would eventually be, based on the expected oversupply of all the projects that most wouldn't be able to keep up with.

Consider this: Take a look at the nearby city Puchong the number of high-rises pale compared to the number of landed units. Not many are interested in staying in high-rises unless required to do so, and if they had a choice, they would go for landed. Even Puchong that is more developed and closer to PJ and KL do not have as high ratio of high-rise:landed properties; what makes Cyberjaya think they can sell all their high-rises? The supply outstrip the demand, and now everyone is reaping what they sow.

The RM400m hospital was also built to reduce dependency on the Putrajaya Hospitals and for other cities surrounding Cyberjaya, this new hospital will cater to everyone south of Putrajaya who goes to Putrajaya Hospital to get their medical services.
So you are saying that hey have not fixed the electrical box for months on end?

This track is going underground? Cant see any spaces left on the land if they were to do it above the ground

I wonder if MSFT will change mind since Malaysia disallows the fiber cable thing.