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 Thoughts on Staying at Cyberjaya?, For people who are staying in Cyberjaya

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cwt2878
post Jun 28 2021, 09:10 AM

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QUOTE(LoTek @ Jun 27 2021, 06:46 PM)
Sorry i guess what I'm trying to get at is that there's a difference between having lots of space to use, because theres lots of space planned Vs having lots of space to use, because the surrounding homes are mostly unoccupied.
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Yeah... cyberjaya overbuilt the past decade and only now staring to see the intended population growth.
propertyfeature
post Jun 28 2021, 10:27 AM

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Have been to Cyberjaya a few times, the roads are build wide, there's even a jogger's path / cyclist road. Nonetheless, many of the landed / retail & apartments there are vacant.. supply more than demand..
to far away from PJ to be considered .. guess more suited for those who value the quiet / peaceful life..
flight
post Jun 28 2021, 10:37 AM

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I read last time that the sepang area, ie cyber and putra has the fastest growing population in the whole of malaysia, something like 7% per annum. Its just that during the boom times the supply went up by more than double, even with the population growth it will take time for the place to fill up, but given the high population growth, it probably wont take more than a few more years.
icemanfx
post Jun 28 2021, 11:49 AM

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QUOTE(flight @ Jun 28 2021, 10:37 AM)
I read last time that the sepang area, ie cyber and putra has the fastest growing population in the whole of malaysia, something like 7% per annum. Its just that during the boom times the supply went up by more than double, even with the population growth it will take time for the place to fill up, but given the high population growth, it probably wont take more than a few more years.
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Believe many bought to flip or rent, may not sustain for a few more years.

wanted111who
post Aug 5 2021, 01:53 AM

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QUOTE(icemanfx @ Jun 28 2021, 11:49 AM)
Believe many bought to flip or rent, may not sustain for a few more years.
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I don't know how do you understand the logic.

Investor bought and flip, meaning, someone else will buy it over from the investor, they will either:- buy for ownstay, buy for rental or buy to flip
If buy for ownstay, means the unit will be occupied
If buy to rent, meaning the unit will be occupied as well, just not by owner.
If buy to flip, back to the cycle.

If they cannot flip, then lelong. The new buyer cannot run from the 3 element of ownstay, renting or flipping.

Eventually someone will stay in the property, be it the owner or renter.

When population increase, needless to say demand increases that will bring in business and services which in turn bring in work opportunity again is a cycle.

I'm seeing lelong phase in cbj now. Everytime askar perang announced new buyer, I'm happy.

You keep saying cbj is a ghost town. I'm seeing people grabbing the lelong unit there. Not like lelong also no one buying it. Bukit beruntung?

Anyways, putrajaya keep on pumping money in cbj. Don't see they do that in Petaling Jaya. The satellite city for kl.

This post has been edited by wanted111who: Aug 5 2021, 01:56 AM
icemanfx
post Aug 5 2021, 02:43 AM

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QUOTE(wanted111who @ Aug 5 2021, 01:53 AM)
I don't know how do you understand the logic.

Investor bought and flip, meaning, someone else will buy it over from the investor, they will either:- buy for ownstay, buy for rental or buy to flip
If buy for ownstay, means the unit will be occupied
If buy to rent, meaning the unit will be occupied as well, just not by owner.
If buy to flip, back to the cycle.

If they cannot flip, then lelong. The new buyer cannot run from the 3 element of ownstay, renting or flipping.

Eventually someone will stay in the property, be it the owner or renter.

When population increase, needless to say demand increases that will bring in business and services which in turn bring in work opportunity again is a cycle.

I'm seeing lelong phase in cbj now. Everytime askar perang announced new buyer, I'm happy.

You keep saying cbj is a ghost town. I'm seeing people grabbing the lelong unit there. Not like lelong also no one buying it. Bukit beruntung?

Anyways, putrajaya keep on pumping money in cbj. Don't see they do that in Petaling Jaya. The satellite city for kl.
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Do you know how many unoccupied units in cbj? do you realize how many rounds of auction before is sold? Can you tell how much population need to increase to fill those vacant units? Are you aware cbj was first developed at about the same time as Puchong, Kota kamuning, setia alam.

This post has been edited by icemanfx: Aug 5 2021, 03:08 AM
Cavatzu
post Aug 5 2021, 10:19 AM

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Am I right to say that CJ was marketed as “high-end” considering sold prices were around 800 psf. It seems that entire market has fallen so you have good quality units at bargain prices.
wanted111who
post Aug 5 2021, 09:58 PM

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QUOTE(icemanfx @ Aug 5 2021, 02:43 AM)
Do you know how many unoccupied units in cbj? do you realize how many rounds of auction before is sold? Can you tell how much population need to increase to fill those vacant units? Are you aware cbj was first developed at about the same time as Puchong, Kota kamuning, setia alam.
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No i don't know how many unoccupied building in cbj, you have the data to share?
Anyway all existing building in cbj is less than 5 y.o

Only 6 project older than 10 years. Cyberia smart home, cyberia crescent 1 and 2, neo cyber 1 and 2, cyber heigth villa, and d'melor

Now it's lelong stage, I'm seeing less and less lelong listing from cyberjaya from askar perang, maybe due mco?

icemanfx
post Aug 5 2021, 11:18 PM

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QUOTE(wanted111who @ Aug 5 2021, 09:58 PM)
No i don't know how many unoccupied building in cbj, you have the data to share?
Anyway all existing building in cbj is less than 5 y.o

Only 6 project older than 10 years. Cyberia smart home, cyberia crescent 1 and 2, neo cyber 1 and 2,  cyber heigth villa, and d'melor

Now it's lelong stage, I'm seeing less and less lelong listing from cyberjaya from askar perang, maybe due mco?
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If you are familiar with cbj, you could find out without difficulty.
SUSJengLoong96
post Aug 28 2024, 06:45 PM

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QUOTE(icemanfx @ Jun 27 2021, 03:15 AM)
15 minutes drive is about 12km away, is like from klcc to dbkl boundary e.g batu caves, the curve, jalan templer, tmn cuepacs, ampang jaya, etc.

cbj is near flight path; on approach to klia runway, one can see vast piece of land remain undeveloped in and surrounding cbj, enough for a few decades of development. until overhang units is reduced substantially, poorperly price will remain suppressed as seen in the last few years.
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Sec 14 lrt
SUSJengLoong96
post Aug 28 2024, 06:46 PM

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QUOTE(JengLoong96 @ Aug 28 2024, 07:45 PM)
Sec 14 lrt
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Cyberjaya no good place complain

This post has been edited by JengLoong96: Aug 28 2024, 06:47 PM
ahkit123
post Aug 28 2024, 09:21 PM

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QUOTE(infernape772 @ Jun 22 2021, 11:47 AM)
Anyone here have any experience staying in Cyberjaya? I find that it is one of the few places that is still considered affordable and you can get landed properties at a much lower price, and sort of close to cities and advanced community, compared to more outskirt places like Kajang/Seri Kembangan/Batu Caves for the same price
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Yes, affordable place to settle down
nexona88
post Aug 30 2024, 11:30 AM

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QUOTE(infernape772 @ Jun 22 2021, 10:47 AM)
Anyone here have any experience staying in Cyberjaya? I find that it is one of the few places that is still considered affordable and you can get landed properties at a much lower price, and sort of close to cities and advanced community, compared to more outskirt places like Kajang/Seri Kembangan/Batu Caves for the same price
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You already bought in cyberjaya or not?

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