QUOTE(Just Saying @ Apr 13 2018, 01:30 PM)
Bottom line is, ppl are more interested in landed property nowadays if priced properly. That’s why Cyber south also selling well despite ex mining land. Condo oversupply is just too bad. Malaysia isn’t Singapore or HK. Many still want landed. Condo only sells well in city centre. Eco Glades is doing well too. And a parcel of land has been bought by EcoWorld near eco Glades.
Did you mean SP Setia? Afaik Ecoworld has no interest in Cyberjaya.
Inb4 too long didn’t read :
I’ve been staying in Cyberjaya for few months and travel 70km back and forth to work everyday and I spent 3 years in Cyberjaya for tertiary education many years back.
This place was predominantly students area but I have noticed families moving in, especially beginning this year with many of them being Malay families. I have only begun seeing chinese crowds after the opening of Go Noodles (I’m not even sure if they’re staying in Cyberjaya or people from nearby town ie Seri kembangan and Puchong) and Village Grocer.
Now don’t get me wrong, but I think Cyberjaya is not thriving because it is lack of entertainment outlets (I.e bars, legit massage & spa center, decent korean hair saloon to appeal to the younger generation) and food outlets (I.e kopitiam, non-halal food outlets like pig and wolf, or maybe korean Bbq) therefore people has the perception of Cyberjaya being halal city, which is a turn-off to many Chinese families. (I get that a lot from my colleagues whenever I mentioned I live in Cyberjaya, no joke). If we don’t even think it’s liveable here, let alone the Mat Saleh who appreciates lifestyle factor more than we do, right?
And my guess, these outlets are not being setup in this area because of the lack of crowd to sustain such business, so it’s like chicken and egg issue. No crowd therefore no non-halal outlets which is also the cause of people not moving in (apart from the distance issue)
With only middle eastern foods around this area, you can actually see some of the commercials are dying I.e the ones in shaftburry square and domain area, all thanks to the quality of food. The ones surviving are mostly mamak and the big names eg McD, old town, papparich and the ones in dpulze.
And to be honest, seeing Cyberjaya with that many auction unit is abit worrying, low entry price might attract the wrong crowd to the area.
If this continues, Cyberjaya might just turn into Shah Alam 2. Now with MCT lakefront getting VP soon, I’m not sure if it’ll attract more ownstayers or investors and what kind of crowd we are expecting. Anyone has the statistics?