I have looked at several potential investments in Cyberjaya. The most impressive has to be OSK Property's Mirage by the Lake (pictured above). But OSK should be sued for misrepresentation because this project is no where by any Lake. Some of the taller units in the condo blocks may have a view of the Putrajaya Lake but in order to get there, one has to cross a road and trespass into another housing area before one gets to any water... However, the concept is a good one, although quite pricey, with the smaller condos selling above RM650k to 2 storey villas at around RM1.5m to 3 storey villas going for RM2m and above . The beautifully designed villas surround a salt-water spa.
Cyberjaya specialists, Setia Haruman is building their 2nd phase of the popular Perdana Lakeview, called Summer Glades, at Perdana Lakeview West (above). Few years back when Perdana Lakeview East (picture below) was launched, I was actually the 1st to register at the launching event. The whole event turned out to be a farce as after 2 hours and my 6th chicken wing, I was still the only person who turned up. So I decided then that placing a booking would be a bad idea and I left. At that time, a typical intermediate unit was going for RM450k. Today, it is almost fully tenanted with a minimum rental of RM4000/month and rare units come into the market at no less than RM750k. But the layout is arguably the worst I have ever come across - it is un-describable. So, Perdana Lake View West is set out to correct this mistake although the location is not as great... Summer Glades is sold out within weeks with intermediate units sold at RM750k and above...
On the topic of location, perhaps the best location goes to Shafted-berry, I mean Shaftsbury Square serviced apartments. This is as central to Cyberjaya as you can get and it is actually a mixed commercial, offices and residential development. As one would know, Shaftesbury (with an e in the middle) is a posh part of central London with fine boutiques and designer lofts. But one can't help but feel "Shafted" by the Cyberjaya version as one views the el-cheapo furnished serviced suites showroom... priced from RM300k and above for a tiny studio unit. Their 906sf 2 br unit below might be a more sober purchase at around RM600k. However, I do wish their units come unfurnished as I ponder on how to demolish and cart away those horrible built-ins they will be providing.
Nevertheless, Shaftsbury will be popular due to its location, and the commercial units downstairs are all taken up and it is said that all the banks will have one branch there. So, you won't be wrong with this one but the price says it all...
Also on the list is Trillium and MyDiva which are located adjacent to Perdana Lakeview East... minus the lake... But these Semi-D units are so over-priced, I think they deserve a miss...
2 comments:
Hi sinleong, I've read all ur posts with great interest esp on ur student accommodation in subang ss15. Am trying to emulate it. :)
May I ask what your opinion is on The Place @ Cyberjaya developed by MCT which is exactly beside LKW. Total units are about 400+ units divided into studios n duplexes. I personally feel that studios are a safer bet since d developer is also providing FF. Students intake is also on d rise and location is superb, as in walking distance to LKW.
Appreciate any feedback. Thanks again n keep up the good work! :)
I wont say I know much about this project. But if the location is right beside LUCT then it would be very good because currently students live far away, there is no accomodation within walking distance except for the expensive college dorms. I hope the price is reasonable.
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