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 What do you think about future Cyberjaya, Realistic or Ghost Town

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BEANCOUNTER
post Aug 21 2017, 11:31 AM

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QUOTE(aaron1717 @ Aug 21 2017, 11:26 AM)
for SEP is comparable to SEG here... EA kinda similar to the lakefront township by MCT in cyberjaya here.... haha...
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please be respectful to SEG ok?

SEG got crystal clear lake, resort living ambience and SEP has none of these......
BEANCOUNTER
post Aug 21 2017, 11:33 AM

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QUOTE(geolee76 @ Aug 21 2017, 11:19 AM)
Tat could be true...

I am staying in cyberjaya.. i enjoyed the peaceful..
at one hand, i invested in another in cyberjaya. hope it will turn ONG...

Kind of contradict

siew yok factor could be slow coming... but its not NO NO....as seen some cafe already with siew yok now...
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you misunderstood the siew yok factor.

BEANCOUNTER
post Aug 21 2017, 11:39 AM

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QUOTE(MSS @ Aug 21 2017, 11:37 AM)
Mr. Bean,

U invest also in cyberjaya.
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twice came close but 8zhi boh ngam.
BEANCOUNTER
post Aug 21 2017, 11:42 AM

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QUOTE(chichichi @ Aug 21 2017, 11:38 AM)
hello everyone,

i see that buying condos/apartments in cyberjaya for investment quite difficult for good rental yield... but what about buying for own stay? landed properties? good buy or not?
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was told there are only 3000 landed homes in Cj, if needs to pick the 2 devils, better buy landed than highrise.

that's assumed that you are comfortable with what CJ got to offer now and near future.
BEANCOUNTER
post Aug 21 2017, 03:38 PM

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SEG link corner 1.2mio.....original buyers haven't made anything.

same with smds.......
BEANCOUNTER
post Aug 25 2017, 06:42 PM

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QUOTE(newsongfashion @ Aug 25 2017, 05:30 PM)
Which places in Klang valley you can buy a lunch/dinner below RM8?
I am working in Shah Alam and a meal eg. Malay mix rice etc easily cost RM10

Cyberjaya still a good place for investment and own stay.
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Malay chap fan is usually more expensive everywhere.
BEANCOUNTER
post Aug 27 2017, 09:01 AM

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QUOTE(Andicom @ Aug 27 2017, 12:09 AM)

Very nice to place to stay. Not so good anymore for investment.
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If its good place to stay, why then tenants not rent for ownstay?
BEANCOUNTER
post Aug 27 2017, 12:26 PM

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QUOTE(gks @ Aug 27 2017, 12:23 PM)
You start to sounds like our beloved icemanfx.
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Rest assure we have nothing in common.

So the answer is????????

I read it once too often ppl say good for ownstay bad for investment........i am really puzzle.

If its good for ownstay.....why tenant shy away? Ultimately resi properties are for own stay....either owned or rent.

Or tenant has higher expectation? Good for owner for ownstay but not good enuf for tenant?

Or other reasons?

This post has been edited by BEANCOUNTER: Aug 27 2017, 12:30 PM
BEANCOUNTER
post Aug 27 2017, 12:32 PM

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QUOTE(David_77 @ Aug 27 2017, 12:29 PM)
Lol! But I do find similarities in both of you when it comes to Cyberjaya 😂
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We may share the same predictment of cyber but doesnt mean my whole point of view is same like her.

She doesnt invest in propetties but other income generating investment.
BEANCOUNTER
post Aug 27 2017, 01:46 PM

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QUOTE(thecaterpillar @ Aug 27 2017, 01:21 PM)
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.
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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.

BEANCOUNTER
post Aug 27 2017, 02:46 PM

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QUOTE(thecaterpillar @ Aug 27 2017, 02:00 PM)
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.
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I wasnt talking abt cyber per se.

Was referring to 'good for ownstay, bad for imvestment'.
BEANCOUNTER
post Aug 27 2017, 02:51 PM

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QUOTE(marlick25 @ Aug 27 2017, 02:16 PM)

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?
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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?
BEANCOUNTER
post Aug 27 2017, 03:04 PM

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QUOTE(freeman1 @ Aug 27 2017, 03:02 PM)
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...
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To be honest, TS has 5 investment properties in cyber by his own account.

His concern is warranted.
BEANCOUNTER
post Aug 28 2017, 12:13 PM

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QUOTE(aaron1717 @ Aug 28 2017, 11:37 AM)
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...  laugh.gif  laugh.gif hence why invest and own stay will cause a difference in your property hunting....
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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.
BEANCOUNTER
post Aug 28 2017, 12:27 PM

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QUOTE(aaron1717 @ Aug 28 2017, 12:17 PM)
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...
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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.
BEANCOUNTER
post Aug 29 2017, 01:01 PM

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QUOTE(mingyew @ Aug 29 2017, 12:57 PM)
Tamarind Square started got office/corporate move in.

Expect it will become new CBD of Cyberjaya.
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One building cbd?

Thats the 1st in the world.
BEANCOUNTER
post Aug 29 2017, 06:22 PM

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QUOTE(mingyew @ Aug 29 2017, 01:35 PM)
I'm mean in near future. U so short-sighted.
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Sorry i thought this is a non fiction forum.
Boy how wrong i am.

BEANCOUNTER
post Sep 4 2017, 11:58 AM

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QUOTE(thecaterpillar @ Sep 4 2017, 11:51 AM)
I believe it will change. Just not so soon, this place is like a taboo many keep saying not good. It's just like those days ppl don't buy TTDI coz it's end of PJ or Mont Kiara coz it's like forest. But today things change. It will take time, but surely it will not lag behind.
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but time that we don't have..........

how many 10 or 15yrs of property time that one person got in his/her lifetime?

IMO cyber is not good or bad, its whether it meets your expectation and what is the right time to get in.
BEANCOUNTER
post Sep 4 2017, 12:02 PM

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QUOTE(thecaterpillar @ Sep 4 2017, 11:59 AM)
I agree. That's why I say if it doesn't suit u go else where. Why linger around?
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to help the indecisive to make the biggest mistake of his/her life.
BEANCOUNTER
post Sep 4 2017, 12:30 PM

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QUOTE(thecaterpillar @ Sep 4 2017, 12:14 PM)
Then really appreciate your concern.

Just think that u could also sway them away from the best decision they could have made. Just don't be over confident and turn it into a case of 'kind hearted but do the wrong thing', Chinese saying 'hou sum zhou wai si'.

Let's be neutral and let ppl decide on facts, ppl must go spend time there and if they don't like it, no one force them to stay. We know that everyone has their own preference, what I like might not be what they like. I love outdoor and lots of parks for the family, but most young ppl like shopping mall only and happening places.

If concern on returns only go ask your fortune God/master which place can flip and buy buy buy. Cyberjaya definitely is not the place for speculation.
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buying property is an investment, be it overnight, 1 yr 5 yr 10yr or lifetime.

we can agree that for flip, cyber is not in the best place now.

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