QUOTE(Soros007 @ Sep 4 2017, 08:55 AM)
CBJ was built 20+ yrs ago with no play (shopping) and live (quality residential) factors at all. These factors only started to come through in last 2 yrs (D Pulze opened in 2015).
More like some people bought into developers promotion. unless cbj population could be doubled and tripled in 3 and 5 years respectively, oversupply will be acute.
QUOTE(newsongfashion @ Sep 4 2017, 09:22 AM)
How you measure 'lag behind' where there's no apple to apple comparison. If you look at the quality of township and building's architectural and uniqueness, those township you mentioned are far lag behind than CBJ
There's many international & local company, school, mall, university, lake, garden, bicycle track along roadside where its' uniqueness can't compete by other township. Just within this small CBJ area there is already 3 Starbucks outlet. One chinese school already going to intake for next year. And there 's more to come with future MRT/LRT , Cyberjaya City Centre etc. I don't think the developer, not one, but many esp. those established and branded, are stupid enough to take the bold step to built so many residential/commercial property if there is no potential in this area.
cbj is largely populated by students. starbucks and fast foods restaurants are catered for these students population.
developers were riding on property bull run, they are not stupid but greedy.
QUOTE(jetwash @ Sep 4 2017, 10:00 AM)
The reason why it lagged behind was the lack of affordable residential units. Even now we are only seeing high-end residential units being offered, and more and more of those box-type studio units.
Even Cyberia auctioned at 180k 10 years ago wasn't exactly cheap.
When were cyberia smarthomes, cyberia crescent, Taman Pinggiran Cyber, town villa, etc built? what is the price compare with those under construction?