Just teasing boss. Don't need to take me too seriously.

What they mean is rental went down. It used to command premium due to insufficient residential for rent here. But with oversupply since last year, rental is dropping. Anyway this seems to be happening almost everywhere.

For own stay u don't have to consider much. As long as u like the place and price is acceptable.

hmmm.....

would you buy a place for ownstay if everyone knows that the capital appreciation will be negative from now on?
No right? therefore I see basis fundamental still the same for ownstay or investment.

rental down is everywhere like you said. although some places are better than others.

p/s - to be honest, drawing from personal experience, you wont know if you like the place until you stay in there for good amount of time. in fact for ownstay you do need to consider MUCH in depth than those buy strictly for investment, bcos your return is strictly draw from capital appreciation, as compared to rental or flipping properties.

Capital appreciation can be negative anywhere now. Many sold it high in 2014, not Cyberjaya. But now the market price is much lower. Who got Crystal ball to predict?

If I want to stay at a place for long term, it's a long term goal. How can u tell it will be negative when I finally plan to sell? What I see for cyberjaya is that it will eventually beat almost any other township. That's my view of course. So whether it will materialise or not also is not up to u to say. There r believers, and there r sceptics... As long as u r happy with your own decision. I'm happy with mine.

Because for investment, you want some kind of return. Depending on your goals, you might want

1) To rent it at higher rate than what you pay to the bank. I dont think you could do this in Cyberjaya.

2) Flip it after say 2-3 years. Again, with oversupply of condos and studios in Cyberjaya, I dont think the price has gone up so much. I might be wrong on this.

Contrary to if you want to live there, you dont really mind paying whatever it takes as long as you can afford it. Heck, with some of the condos are just about RM1k for rent, even I would be tempted if my workplace is near to Cyberjaya. Environment, food, Internet speed are top notch in Cyberjaya. Not to mention there is school in Cyberjaya and I heard hospital is going to be built too. What more can you ask?

I wasnt talking abt cyber per se.

Was referring to 'good for ownstay, bad for imvestment'.

Again another 'same answer'

Then why rental tenants shy away from cyber? Rental low understandable but wont demand n supply will fix the problem?
And many rentees are after low rent plus yat low amenities...anywhere.

So what is missing?

another city for those that want to buy landed property that are below 1 Million

Isn't this thread about cyberjaya? Anyway it's still the same point la wherever it is.

As usual, it takes time to fill up whatever gap there is. Rarely any development can be occupied more than 70% within a year or two. Even during property boom, it still takes time.

Ppl bashing cj bcoz they dont have house in cj and will not...
Ppl praising cj bcoz they invested in cj, worry bcom ghost town in fiture...

To be honest, TS has 5 investment properties in cyber by his own account.

His concern is warranted.

With over 20 towers under construction in cbj, unless population could be doubled and tripled in 3 and 5 years time; over supply will be overwhelming. until over supply is digested, price is almost certain on down trend.

Economic direction and trend doesn't need crystal ball to read.


This post has been edited by icemanfx: Aug 27 2017, 08:28 PM

Same robot out of office replied in place again.

cbj facts and prospect remain unchanged.

This post has been edited by icemanfx: Aug 27 2017, 11:44 PM

Hah
Was thinking where's the 20 tower under thingy..
And there.. Above, the point appear..

Yes. Agree there would be oversupply situation.. But as to.e goes by.. There's would be people to absorbed it.. So no worries..

maybe we think it in other way... its not that tenant shy away because its not good to stay... rather than because there are not so many tenants demand to rent with numbers of condo supplies in CBJ coming up... lol.... a good place for ownstay also comes with alot of options...

population growth rate doesnt seems growing faster than the new launching of condos in KV here.... and everywhere that you can good to stay are oversupply with condos... hence why invest and own stay will cause a difference in your property hunting....

My friends condo (not in cyber) baru dapat key, paint not even dried yet.....already found tenant wanted to move in jor.

Mind you. Tenant is not ph, me, south asian or student.

That mean yr 1st assumption is wrong.

Property is all about location.

hmm... but same assumption put on a good own stay location.... my fren's condo at pandan perdana.... my fren only wanna move in after he change his job after contract ended... wanna find tenant rent first... he cant get a tenant til now.... unless he lower his price til less than 3.5% rental yield... which means it good for him for own stay... but bad for him from investment wise.... and older landed and condos there actually quite easy to rent out.... since they can offer good pricing with some well furnished...

Dun need to talk abt rental yields. The figures are usually so distorted to the point of syiok sendiri nia.

Some poeple put in 30k or 50k so that they can rent out the unit but would they incl this cost to calculate his rental yield?

I also know one sifu keeps on repeating thst his properties constantly get 6% or more rental yield. God only know how amf what figures he use to derive at that.

well for some property... everything is free by developer.... zero down... all expenses free.... maybe need to pay MOT only.... these kind of properties quite easy to calculate their yield to the actual cost incurred... and must be bare unit... once reno then the cost run already.... of course... only those who being honest to you can be really trust able... those sifu sifu one.... tak boleh pakai one la.....