Hello all forumers,

I'm here wanna talk / discuss about future Cyberjaya.
What in your mind think about Cyberjaya, and what in your eyes see the real Cyberjaya.

In Cyberjaya only have one Shopping Mall (D'pulze), that mall not so great and also not so big, Shaftburry looks dying right now started beginning of this year, one by one shop shut the business down.

Talk about food, only few place still can buy lunch, dinner below RM8 per meal, other than that all around RM15 per meal, living cost very high, night time almost dead.

In term of house investment, the rental keep going down, before this, room rental very famous there, since cyberjaya flooded with studio unit, mostly room rental started to die because the pricing vs comfortability, some home owner willing to spend more money to furnish the unit with Interior Design (ID) concept to attract the tenant but again cannot beat the price other people offer.

Majority Restaurant operated by foreigner, Arabian, Bangladesh, Indian (mamak), very rare to find Malay and Chinese Restaurant. Who knows they operate with or without license, all people just wanna eat not to bother about their business premise.

If you are the investor or stay in cyberjaya, can you please share your stories, experience and your sights on this matter.

go to the cyberjaya thread and continue there.... no ending repetitive discussion of cyberjaya....

https://forum.lowyat.net/topic/4239930

As an ex MMU, I can say this: if you want to invest in Cyberjaya properties, forget it. There are tons of units available, but demand is not really that high.

Knowing the cost of living there, people (especially malaysian) rather rent at nearby places such as Dengkil or Seri Kembangan or Puchong (south side). Takes less than 10 minutes to come and rental is far cheaper (for example, you can get a landed house for RM700 in Seri Kembangan, but that same amount can get you only one or two rooms in cyberjaya condo, cant even get a studio unit with that price). The only people that I know who would rather rent studios are foreigners who have so much money.

This situation is same for people working or studying there. MMU and LKW both have hostels, and for MMU students who couldnt get hostels, there are Cyberia condos which are really near to the university. So who would really want to rent condos which are not near to their university, and still need transport? Might as well they rent at nearby places like Dengkil if they have cars.

But I will say this, Cyberjaya is a nice place to live. I feel it is quite safe in Cyberjaya, and because the only people in cyberjaya are students and working people, it gets quite peaceful especially during weekends.

Food, there are tons of Malay restaurants, if I remember correctly there are at least 2-3 malay restaurants at Domains area (D sedap sengoti, ayam kampung and another place I cant remember). There are also tons of fast food outlets, ranging from Dominos to KFC and MCD. So food is not really a problem. But like you said, I didnt know any Chinese restaurants. There might be one, but I dont know because I wasnt looking for one.

TLDR, good place to live, not a good place to invest. Even with the upcoming MRT, I dont think there are people who would rather buy/rent at a higher cost at Cyberjaya and work in another place, say KL or Puchong.

aiya why only talked about negativity of cj? no positive aspect meh?

People that vested in Cj have 3 'P' things in common:-

1. Positive thinking - they treasure what plus points CJ gives, not negativity.

2. Potential - they only see the potential Cj will bring, especially under Jibby's wisdom - Cina school, MEX extension, MRT, CCC dan macam macam.

3. Perseverance - waiting to cash out their golden eggs. It shall come sooner than you think.

IMO, if the place is good to live, there should be sea of tenants wanting to live there. If its very good place to live, tenants will pay top prices to live there.

Beside students who are usually a bit tight on pocket, how about working class, professionals?

from my point of view, cyberjaya lacks entertainment spots...the place should consider courting hard rock cafe, hooters, modestos, etc...need world class establishment...

entertainment spots...you can go there n come back to your home,

you don't need to live next to them.

yea agreed... for me if there is entertainment in 10-30mins travelling radius... its more than ok already... dont really wanna stay very near to an entertainment hotspot... the cramp feeling is unbearable... lol

I love Dpulze...small neighbourhood mall but it's great! I can't think of any neighbourhood mall that's better than Dpulze, honestly. Please don't compare with regional mall....

Anyway, there will be more shopping malls in the future such as Skypark, though i dont know how it will turn out. Tamarind Sq also is another upcoming place to watch, but all these r still yet to be operational and I'm not a fortune teller to tell whether it will be successful.

As a place to invest, I'll say stay away too. But for a place to stay, please come explore and don't just read what ppl comment here. Oversupply is not a problem specific for Cyberjaya, everywhere else rental is dropping. No one force you to stay here if you dont like it.

Depends, the way you say it, foreigners (working class and rich students) have no problem renting studio units (at least 1.5k-3k per unit) by themselves, alone. They dont mind paying high to get that "class" and privacy.

But it's different with locals. Right now, there are not much landed houses in Cyberjaya, if there are, the prices are just unbelievable, at least 1 million per unit if I am not mistaken.

With Malay mentality, they always want a landed house (not me though). If they cant, they at least want a big house! How big is big? Well, they definitely dont want a 700sqft condo/apartment. And this is the problem with Cyberjaya. Too many condo/service apartments.

Like I said, only foreigners wouldnt mind paying 1-2k to rent in Cyberjaya. These people normally work in Cyberjaya and get paid really good too.

Locals? Regardless of whether they are working or studying, most would rather rent at nearby places for bigger spaces and lower cost if they have transport (be it car or bike). Only a handful that I know would rather stay at Cyberjaya because 1) they dont have transport 2) workplace is really nearby (i.e 5 minutes walk) and 3) they are paid handsomely, or they get housing allowance.

waiting... with the word waiting? u mean 10 years? 20 years?

10 years i could have earned my dividend, 10 years i could have earned from some property.
No looking down about CJ, truth is truth, 5 year ago, people jio me to buy CJ, price ok 300-400k per condo.
i didnt but, instead i bought Subang area, a bit more expensive, but i had sold it just early this year.

if 10 years, u could have 2 property buy and sell, while "waiting" for CJ.

just my point of view.

Spot on..
Within driving distance is okay..

I'm sure many cannot take it when entertainment outlets just beside or near your home..

not sure if this an attempt to bring back the "lively" and "passionate" discussion on Cyberjaya

againnn... love & hate CBJ

Lol so optimistic with the time of cashing out?

This post has been edited by Quang1819: Aug 17 2017, 01:41 PM

As a tech worker, I used to have high hope for Cyberjaya to mirror Silicon Valley in the US, but was greatly disappointed when many good MNC decided to choose Singapore to set up their operation, leaving only mundane jobs like call center/IT support roles in Cyberjaya. While the Government with MDEC and MAGIC can be seen doing a lot of work to boost up this place, they are still not as aggressive as their Singapore counterpart. Are there hope? Well, there are news of mega project coming as part of DFTZ agreement with Jack Ma. How will that revive Cyberjaya remains to be seen as they are all long term plans

Cyberjaya to clean of a place la. People need sleazy businesses there. See bandar bukit puchong, lakefields in pekan sg besi. Got many ktvs and massage parlour etc. Every city/area/localities need some vice to flourish maa. Cyber same like putrajaya. Too clean.

That makes it a good place for family, isn't it? lol

Too much issues previously..
Fighting & personal atrack each other..
Original cbj thread move to kopitiam

what you guys think about Cyberjaya vs Nilai?

i dont mean having the entertainment joints as your neighbour...but CBJ needs a dedicated area/enclave for entertainment spots...more hotels with entertainment outlet inside them...

we shall see which underground taikos will wash their black money in cj.

finally there's one Cyberjaya topic

back to the main point..

CBJ is good place to stay.. best for families..

Nilai air pollution manyak telok, when combo with indon haze=gg.

now, mostly all the commercial lot occupied by bangladeshi and arabian.

The Arc parking lot already convert to the shop and all occupied by bangladeshi also, i dunno whether the conversion approve by MPS or not.

Cyberjaya FB group also full with bangladeshi & arabian, you will notice many illegal agent from there. Later, real estate industries become unhealthy because of floaded with illegal agent.

hahaha. the above post made my day.

Given choice..
Would rather pick Cyberjaya..
Good place to live..

Its not about we want to talk about the negative, but we are scared when the city fill up by low class people.
Again, not easy to wash them out and replace with professional level.

Talk about 2 years ago, shafburry studio can renting out 2.5k per month. Nowadays, 1k also very hard to fill up the unit.

Because all the new project, 80% is studio unit, average the studio rental right now around 800 to 900 per month only, not only that, with fully furnish some more.

Cyberjaya = Banglajaya Arabjaya

studio size market is definitely dead in Cyberjaya. oversupply and not sure whether the intake of students > available supply?

Bangla can afford cj?

Speechless......

Most intelligence city filled w low class people?

tell us which township has no bangla, negro, grassroot ppls? Must have broader view on comparative basis. Else, no where is investable. Relatively Cyberjaya is much better than other townships in klangvalley in term of demigraphic from day time population to night population. Anyway, thats everyone own choice and buy or invest in where u are comfortable. Perception is hard to change and everyone has their own wisdom on seeing things.

This post has been edited by propertybbb: Aug 19 2017, 08:49 AM

U wanna know why?

Those ppl move back to older apartment/condo in cyber.

They say rental either same or cheaper and bigger size than newer unit. Some ppl even willing to move out from rm1.2k studio unit to a master room with attached bathroom. Master room rental sometimes inclusive with utilities still cheaper at rm650-800 per month

someone was commenting that his unit in CJ was doing roaring airbnb biz leh.......

Well said..
Foreigner is everywhere.. U cannot runway with the issues...
Thanks to our gomen policies.. They all easy to come as workers.. Some I heard (unofficial source) also managed to get mykad too...

If you can't beat them, join them. So who is the first here to volunteer to stay with a Banglajaya Arabjaya?

banglacheras arabpeejay puchongala....etc? everywhere..jus pick one

Same as old shit, sell to china soon.

I like your style. kiri kanan also hentam. no take side. adil and saksama.

i think we need to distinguish btw a township with foreigners or foreign workers present and a township overrun by foreigners.

if according one forumer, Cj has 20 towers under construction therefore its hard not to find foreign workers loitering around day and night within Cj. Also Cj is a education hub, therefore the present of foreign students are expected.

So perhaps some foreigners see the opportunity and setup some foreign eateries to cater for these bunch of people. BB, Jln Petaling also full of foreign owned or foreign run biz.

Well, if we want lower priced properties, lower price services then foreign workers are unavoidable.

if you want a cheaper priced MK, CJ is what you get, otherwise get into MK and stop complaining.

the coin has two sides. depends on which side you want to see or see both sides.

I only beh tahan people praise one side to high haven without revealing the other sides.

Good, bad and ugly present everywhere and everything.

Now many bangla/arab are self-employed in Malai, guess they make more money than usual office curry. (They can afford to rent cy gua)

I hate you because u make me laughing non stop until can't smooth breathing

wow good post. did some searching of old ads. from 2015 aroumd 1.8 to 2.5k rental to 800-1k today.

Gg

No doubt rental drop. But if u believe last time studio can rent out at 2.5k, that shows what u like to believe too. U just see things on another extreme, and it's obvious u pick which side of it.

so we should look at 2 yrs ago rental and only talk about that??? can we achieve such rentals today??

can you quote 3-4 well located condos in other areas that have seen rentals fall this much?

comparing asking 2015 prices with asking 2017 prices. got a problem with that?

This post has been edited by HarpArtist: Aug 20 2017, 12:15 AM

Cyberjaya is nice place. I don't have a house here but i come here for work. I like it and especially not congested. If you want to talk about malls, there's not only Dpulze, but there's also IOI City Mall, and also Alamanda.

Cyberjaya is also in between KL and KLIA. So its easy to go either place relatively fast.

Also the connectivity in terms of highway is amazing, you can take LDP, MEX, ELITE, Sg Besi highway to get to your destination.

In terms of food there is both high class food and the mamak type food, so that is not really a problem. If you really want cheap food, heard you can go to the gov offices in Putrajaya where the food is cheaper.

To me it looks like those butt hurt with cyberjaya is because they are actually jealous of it or they cannot afford it. If given the choice, i wish i could afford the houses/apartment here.

Fuh so low the price. I clearly didnt follow much about the renting price since last year. I thought studio units are still around at least RM1k.

Well, this is what happens when supply exceeds demand. Developer is to blame for building so much studio.

Looks to me its a nice place only for those who is not vested in cj

It's like Android phone user, he can't afford iPhone so what he will do is complain iPhone no good, iPhone useless, but deep inside he really want to buy an iPhone.

Same concept with cyberjaya. Normally I see the people who complain are those that cannot afford. If I had the money I would definitely buy in cyberjaya. Just look at the studio rental, with that price you can rent somewhere like Damansara Perdana, cyberjaya commands that price. Why?

i suggest you start to read from page 1, 1st post and see who is complained about CJ.

Wow so much price drop just within 2 years time period...
That's the problems when there's oversupply situations..
Good for those tenants. They can get cheaper rental nowadays...

will ignore funny comments from fanboys above equating properties with phones and apparently cannot afford 850 to rent in cyber LOL

This post has been edited by HarpArtist: Aug 20 2017, 11:35 AM

to be fair 2015 to 2017 was a bad time for bad properties all over. whereas some good properties doubled, some halved.

and in my books bad, for investors, doesnt mean racial lines or location or the much touted living environment , just pure profit and loss... example the quite beautiful tanjung rhu in sg, 2015 my friend was renting for 5k sgd and now same unit she renegotiated to 3.5k

Hmm u think another 2 or 3 years, the rental will recover or drop even lower???

lets compare crystal balls

My crystal balls always wrong

Good to have a crystal ball that always wrong.

you just need to do the opposite of what your crystal ball telling you....hoisei jor.

so what is your crystal ball telling you? mind to share?

Wasn't aiming you, just saying normally I see people who complain about cyberjaya don't really have substance.

Take for example the title of this thread, Cyberjaya a ghost town? Which ghost town in the world has burger King, nando's or wendy's?

I don't known why anyone is surprised that a studio unit in Cyberjaya cannot fetch RM 2.5k. I'm actually surprised that anyone thought that RM 2.5k was a norm and a sure-fire rental amount. Shaftsbury studios are just 460 sqft. At RM 2.5k, that's a RM 5.3/sqft rental, on par with the likes of Mont Kiara. That's a foolish price to pay, and equally so to expect as a owner, especially considering that buying the unit outright with a 90% margin loan, 30 years tenure would cost significantly less per month.

I do not doubt such units were actually rented out for the said amount, but setting it as a baseline price expectation is ridiculous. It was just not worth it, and that's proven by the rental drop.

well... it is like someone who never had an iPhone talks about how good it is.. some one who never had a prop in CBJ praise how good the props are...

Market will correct itself eventually when more supply going into cyberjaya.. it always goes back to fundamental supply vs demand..

so called "between KL and KLIA" is just a plus point but eventually goes back to fundamentals.

This post has been edited by twincharger07: Aug 20 2017, 06:12 PM

I would say my biggest downside to cyberjaya are the tolls you pass if you are going between KL and Cyber.

Depending on which highway you take in can cost between rm4 to rm10 one way just for tolls. Imagine if you need to do that daily. Nearly rm600 for tolls/monthly.

If you're a buyer, can understand why cbj is expensive cause it's freehold, compared to leasehold if you buy closer to KL.

But as a renter, I'm still trying to understand why cyberjaya can fetch the same rental as say places like PJ, Damansara, Bandar Utama. It should be cheaper than those more establish places in my opinion.

Been staying at Cyberjaya for two years now. I like it.

Emm..some say among all the outskirts area, Cyberjaya get the best rental, best performance is that true? 10yrs ahead woh..got major highway connected, got education hub, ofiz, commercial area, proposed MRT, hotel etc...even better than setia alam boring place is that true? Some ppl even say why those illegal agent throw rental price?! Do they know many oversea students want to rent a place to stay before they come to msia?

This post has been edited by planc: Aug 21 2017, 01:14 AM

Rental is more responsive to market demand and supply, is a leading indicator of property price. CBJ property price is expected to drop significantly.

zres


This post has been edited by icemanfx: Aug 21 2017, 03:03 AM

comparably... setia alam have more landed supply at lesser price... and its still freehold as well.... as for rental investment... its indeed sucks at setia alam as landed are not well known to have good rental income... and they have no proposed mrt, university, hotel, big office hub yet... the traffic there rely alot on klang's factories and klang's residents who wanna move out....

As for cyberjaya, eventually cyberjaya will be stagnant as property investment hub... as for own stay.... its up to their own.... for investment... there are too much highrise coming for an outskirt area.... wait til all the new condos completed and we will see... now the rental price havent bottom out yet...

This post has been edited by aaron1717: Aug 21 2017, 09:29 AM

cyberjaya needs a catalyst to lure people to stay there...something like a theme park, water park i.e. seaworld, a zoo perhaps...nothing exciting going on in cyberjaya...a football stadium...

lolz... i doubt puchong, PJ, kepong, sri petalling, OKR or subang have such thing... and ppl still flock to stay at those areas...

Anyone has contractor to intro that does work in Cyberjaya?

those areas has a different kind of zoos...where animals where bras and panties...

thats evil bro... evil.... hahah

since when setia alam is comparable to cyberjaya?

CJ is a smart intelligent city of the country.
Setia Alam just a run of the mills housing estate nia.

This is The Arc, just completed 2 years ago, now the convert the parking lot become small shop and most of the operator are bangladeshi and not showing their business license, i dunno its legal business or not.

If this kind of management happen, then how to make the commercial lot or shop lot running in business.

just replying to his statement... setia alam compare cyberjaya ma... haha... if looking apple vs apple... then its different thing liao... lolz...

MSS, thanks for sharing.
literally macam underground biz.

are you vested in CJ or just wanting to invest in CJ?

I do invest also in cyberjaya, i have unit in cyberia smarthomes,cyberia crescent 1 and tamarind suite, now I'm scared to hold.

I try to sell my condo in cyberia smarthomes 280k for 3R2B, more than 1 year ads no call, all agent turn around, now people selling 260k for that condo.

good luck bro... its nt too late for u to realize... sell it before the new projects VP.... this should be the key priority now...

heavily vested in CJ.......

bo pien.....no one says property investment is a sure win biz.

how is tamarind suites coming? I read that tamarind square got plenty of cj fansi sing good song whoa.....what bestest landscaping, 24hrs bookstore and etc. Oh got village grocer also.

I only see up up up

because gov and private also got plan and project such as MRT, hospital. mall. school, university ,commercial more and more


but how long...I dunno

we can ask the same question to other area

if u have prop invest in let say kajang. semenyuh, bangi, dengkil and etc...those places which awaiting to boom..

do not compare those already mature..

compare apple to apple

which one better ... for me. I am on Cyberjaya

MRT 2022.

hospital mall hardly have any +ve impacts these days.

school perhaps.....

University only attracts foreign students......

commercial.....chicken and egg story.

I share with u cyberia smarthomes market, if you buy this 15 years ago, u almost got nothing, just serving the interest and sell just to clear the debt/instalment, what I'm worry is the price keep dropping from 300k to 250k~260k, many people give offer 220k~230k for that unit.







I already follow 4 month straight for this auction, shaftburry studio, now the reserved price only 234k only.

Again, new unit also already auction like cybersquare, vega 1 and verdi.



This post has been edited by MSS: Aug 21 2017, 11:10 AM

Mr. Bean, if let u pick one new town to invest, which town have best opportunity?

comparing matured.... cyberjaya prop investment not really as good as other areas.... sunway for example... leasehold properties rental still better than cyberjaya.... and they have no MRT lolz.... even my fren subsales agent for cyberjaya also chg area to sunway already... tak boleh tahan the market thr....

Most of the agent also said like that, thats why now bangladeshi become agent, because almost all agent just hang their number but zero call unless the price VERY ATTRACTIVE enuf for people to call.

So bad, why u still invest tamarind suites?

always look for siew York factor, sad but true.

I already stayed away from si beh far new town.

So which one is the best for now?

part of cj is restricted freehold.