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What do you think about future Cyberjaya, Realistic or Ghost Town
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BEANCOUNTER
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Apr 13 2018, 11:55 AM
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QUOTE(1depp1 @ Apr 13 2018, 11:50 AM) You try live in Taman Pinggiran Cyber, 63000, Cyberjaya, Selangor for close to 3 years, (as it is just 100 metres from Mutiaraville) and you will instantly know that mid-ranged restaurants which sells nasi campur RM7~8 will struggle. Reason being, Mutiaraville is really on the fringes of Cyberjaya. It is also quite dusty due to the tanah merah, abandoned lake, and battery factory (around 5km range). People tend to go to "city centre" such as in Domain, The Street Mall, and/or D'Pulze. Different city planning compared to Bangsar South. Wat i tried to say is cyberjaya or this part of cyberjaya failed to reinvent itself......
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1depp1
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Apr 13 2018, 12:00 PM
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QUOTE(BEANCOUNTER @ Apr 13 2018, 11:55 AM) Wat i tried to say is cyberjaya or this part of cyberjaya failed to reinvent itself...... Yeah.. the brainchild of Maha...r failed to materialize itself.  sorry, can't help myself. But, does it have the potential to become "Silicon Valley" of Malaysia someday? Your thoughts?
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vampireangel1984
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Apr 13 2018, 12:01 PM
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Getting Started

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QUOTE(1depp1 @ Apr 13 2018, 12:00 PM) Yeah.. the brainchild of Maha...r failed to materialize itself.  sorry, can't help myself. But, does it have the potential to become "Silicon Valley" of Malaysia someday? Your thoughts? wont happen at all...their USP has evaporated/ not appealing in the first place
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BEANCOUNTER
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Apr 13 2018, 12:04 PM
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QUOTE(1depp1 @ Apr 13 2018, 12:00 PM) Yeah.. the brainchild of Maha...r failed to materialize itself.  sorry, can't help myself. But, does it have the potential to become "Silicon Valley" of Malaysia someday? Your thoughts? Very unlikely but who am i to say? Vision like this needs all parties to work together.....gov needs to hardsell sillycon valley........to the world.....
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1depp1
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Apr 13 2018, 12:09 PM
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QUOTE(vampireangel1984 @ Apr 13 2018, 12:01 PM) wont happen at all...their USP has evaporated/ not appealing in the first place yeah.. one of the good thing happening there that I know of is Multimedia University being the research university it is and attracting lots of attention worldwide through it's talented students. (E.g - Life of Pi animators, Upin Ipin). Hopefully in a few years time, there is a solid city planning to be done and make it to become a viable city to call it their home. Cheers to Cyberjaya which has been my second home for a solid 5 year+ (the memories...)
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1depp1
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Apr 13 2018, 12:13 PM
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QUOTE(BEANCOUNTER @ Apr 13 2018, 12:04 PM) Very unlikely but who am i to say? Vision like this needs all parties to work together.....gov needs to hardsell sillycon valley........to the world..... Yeah, who knows what the future holds.. However, in my honest opinion, I still think if you can snag a condo which is 200k to 300k MAX. You can still furnish it to attract high quality tenants and thus giving good rental income. But not capital gain though, as I predict year-on-year increase on properties in Cyberjaya is only going to be about 2% or 3% due to many new properties coming up. Oh, and some of the condo is freehold too last time I checked on some Cyber property flyer.
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icemanfx
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Apr 13 2018, 12:25 PM
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QUOTE(1depp1 @ Apr 13 2018, 12:13 PM) Yeah, who knows what the future holds.. However, in my honest opinion, I still think if you can snag a condo which is 200k to 300k MAX. You can still furnish it to attract high quality tenants and thus giving good rental income. But not capital gain though, as I predict year-on-year increase on properties in Cyberjaya is only going to be about 2% or 3% due to many new properties coming up. Oh, and some of the condo is freehold too last time I checked on some Cyber property flyer. With so many units available for rental, sure can get good rental income?
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flight
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Apr 13 2018, 12:27 PM
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If cyberjaya was an empty plot of land, with no government support. It would have become successful, given time.
The land is located at a strategic spot, between the city and the airport.
You have billions of investment in highways and infra and mncs setting up in cyberjaya.
These r all tailwinds.
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mingyew
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Apr 13 2018, 12:28 PM
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if PH win, might be more prosper.
In term of infra, no other city can beat sibefarjaya.
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icemanfx
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Apr 13 2018, 12:32 PM
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QUOTE(flight @ Apr 13 2018, 12:27 PM) If cyberjaya was an empty plot of land, with no government support. It would have become successful, given time. The land is located at a strategic spot, between the city and the airport. You have billions of investment in highways and infra and mncs setting up in cyberjaya. These r all tailwinds. Cbj is over 20 years old. Puchong, Kota kamuning, etc was developed at about the same time. This post has been edited by icemanfx: Apr 13 2018, 12:35 PM
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1depp1
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Apr 13 2018, 12:35 PM
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QUOTE(icemanfx @ Apr 13 2018, 12:25 PM) With so many units available for rental, sure can get good rental income? No I am not guaranteeing good rental income. I could be wrong, but I could be right.But I stand by my comments earlier, yes. Can reap the rewards of good rental income. Maybe not in the following months, but maybe in a few years? That is why holding power is key. Let me know what do you think of the outlook? This post has been edited by 1depp1: Apr 13 2018, 12:36 PM
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wsoon82
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Apr 13 2018, 12:38 PM
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QUOTE(icemanfx @ Apr 13 2018, 12:25 PM) With so many units available for rental, sure can get good rental income? I also think the condo/apartment in cbj is oversupply. But just recently a friend told me she rented out her pr1ma apartment in cbj at pretty good price, I know pr1ma can't be renting out but anyway. I should explore this part of market more... For the landed property, it is still selling very well for the new launches. Just pay a visit to some landed properties launched recently and you will understand.
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nexona88
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Apr 13 2018, 12:40 PM
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QUOTE(vampireangel1984 @ Apr 13 2018, 10:11 AM) and for the love of arab food..i agree Arab food? Feels like not so "pure".. Many said not nice also.. But they just buy for sake of buying / follow friends...
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nexona88
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Apr 13 2018, 12:42 PM
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QUOTE(flight @ Apr 13 2018, 12:27 PM) If cyberjaya was an empty plot of land, with no government support. It would have become successful, given time. The land is located at a strategic spot, between the city and the airport. You have billions of investment in highways and infra and mncs setting up in cyberjaya. These r all tailwinds. Well said.. Give time.. I'm sure it would prosper... The lay back environment would gone later on...
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icemanfx
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Apr 13 2018, 12:46 PM
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QUOTE(wsoon82 @ Apr 13 2018, 12:38 PM) I also think the condo/apartment in cbj is oversupply. But just recently a friend told me she rented out her pr1ma apartment in cbj at pretty good price, I know pr1ma can't be renting out but anyway. I should explore this part of market more... For the landed property, it is still selling very well for the new launches. Just pay a visit to some landed properties launched recently and you will understand. Which developer ever claim or admit their new launch booking is poor?
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icemanfx
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Apr 13 2018, 12:47 PM
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QUOTE(nexona88 @ Apr 13 2018, 12:42 PM) Well said.. Give time.. I'm sure it would prosper... The lay back environment would gone later on... Cbj had 20 years. How many more years need to give? This post has been edited by icemanfx: Apr 13 2018, 12:48 PM
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vampireangel1984
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Apr 13 2018, 12:51 PM
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Getting Started

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QUOTE(mingyew @ Apr 13 2018, 12:28 PM) if PH win, might be more prosper. In term of infra, no other city can beat sibefarjaya. if ph wins, i think the whole country will be in recession
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CK15
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Apr 13 2018, 01:05 PM
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QUOTE(icemanfx @ Apr 13 2018, 12:32 PM) Cbj is over 20 years old. Puchong, Kota kamuning, etc was developed at about the same time. Puchong already existed in early 1900. Which nearly 100 years before Cyberjaya being created from palm oil plantation estate. How to compare >100 years with 20 years?
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wsoon82
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Apr 13 2018, 01:06 PM
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QUOTE(icemanfx @ Apr 13 2018, 12:46 PM) Which developer ever claim or admit their new launch booking is poor? See with your own eye madam. For example maple residence, they opened approx. 100units when I bought mine, all sold out, now they open another parcel at higher nett price. I know recent launch of SEG is also selling well. Myra close to cbj (they called it puchong south) also last launch all sold out now with new parcel. You may cheat yourself but people are buying.
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icemanfx
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Apr 13 2018, 01:09 PM
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QUOTE(CK15 @ Apr 13 2018, 01:05 PM) Puchong already existed in early 1900. Which nearly 100 years before Cyberjaya being created from palm oil plantation estate. How to compare >100 years with 20 years? Puchong was largely a estate 20+ years ago.
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