2013 e cyberjaya malaysia vol.3
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V O L . 3 2 0 1 3
Art of Moving FORWARDInvest in Cyberjaya Malaysia
Happenings inCyberjaya Malaysia
The Pride of Cyberjaya Malaysia:
Since April 2011, more than 47 artists attached to the Cyberjaya-based Rhythm & Hues have spent thousands of hours working on the original footages of Life Of Pi. The movie clinched an Oscar for best visual effects marks an important milestone for the Malaysian studio as it presented the team with an opportunity to prove itself capable of handling complex processes within post-production stage, of creating the visuals that cinemagoers get to see on screen.
The studio is part of a global team that is spread over seven locations, which include Mumbai and Hyderabad (India), Vancouver (Canada) and Kaohsiung (Taiwan), and these studios are not just linked to each other but more importantly, to the headquarters in Los Angeles.
Apart from Life Of Pi, Rhythm & Hues Kuala Lumpur has stamped its mark in 18 films including Snow White And The Huntsmen, Hunger Games and Knight And Day while upcoming films include R.I.P.D, 300: Rise Of The Empire, Black Skies and Hunger Games 2.
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Strategic Partnership:
In bid to grow the District Cooling Plant coverage in Cyberjaya Malaysia, Cyberview Sdn Bhd enters into a partnership with Cofely (GDF SUEZ), where the latter acquires a 49% stake in Pendinginan Megajana Sdn Bhd (Megajana).
Megajana is the sole supplier of piped chilled water and the developer of the district cooling scheme for business premises in Cyberjaya Malaysia. To-date Megajana has spent more than RM 160 million for the development of district cooling plants 1 and 2. The two plants are currently supplying chilled water to 37 major buildings providing them 24/7 energy efficient, cost-effective and reliable chilled water to buildings through a 15 km network of underground pipes.
The Joint Venture between Cyberview and Cofely (GDF SUEZ) will cater to the rapid growth of the upcoming development in this premier ICT hub and the corresponding rise in demand for enterprise space. The partnership, in line with the Governments aspiration to develop Cyberjaya Malaysia as the pioneer township in Green Technology, will play an important role in enabling the economic and complement the strong growth prospects of Cyberjaya Malaysia.
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Malaysias First Boutique ICT University in Cyberjaya Malaysia:
MALAYSIAS Minister of Higher Education Dato Seri Mohamed Khaled Nordin recently launched Universiti Malaysia of Computer Science and Engineering (UniMy), touted as the countrys first boutique university devoted to specialized computer science and engineering education.
Currently, UniMy operates from a temporary campus in Cyberjaya Malaysia within the premier ICT hub, while plans are underway for its permanent campus to be built within Cyberjaya City Center and to be completed by 2016.
UniMy was established in line with the roadmap of the Higher Education Transformation Program under the New Economic Model, to produce market-ready computing professionals and talent as demanded by industry players.
According to a study by national ICT custodian Multimedia Development Corporation, Malaysias demand for IT graduates will experience an annual growth rate of 18.6% between 2010 and 2013 against a supply growth of only 2.7%
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Autoville project to add vroom to Cyberjaya Malaysia:
Emkay Group unit Paradigma Intan Sdn Bhds recent launch Autoville aims to add value to Cyberjaya Malaysia residents and workers. [email protected] is the first and only light industrial development in Cyberjaya Malaysia, earmarked for automotive-related businesses.
With a gross development value of about RM100 million, the project consists of 40 units of detached, semi-detached and terrace factory units, with a total built-up area of 186,780 square feet on a 4ha land. [email protected] offers four detached units with a built-up area starting 7.157 sq ft, 14 semi-detached units with a built-up area starting from 5,600sq ft, 12 single-storey and 10 double-storey units with average built-up area of 1,060 sq ft and 3,857 sq ft respectively.
All these units, he said, are aimed at the growing population which will require automotive-related facilities and service which is first of its kind in Cyberjaya Malaysia.
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URL: http://www.emkay.com.my/f4/project-emkay/autoville/autoville-overview/
Verdi ECO-DOMINIUMS in Cyberjaya Malaysia
With Cyberjaya Malaysia on the cusp of a property boom, UEM is poised to take the lead
with a high rise condominium offering state-of-the-art home features, unique design and
lush greenery.
Verdi eco-dominiums is part of the 98-acre development of Symphony Hills, an exclusive
residential development and the countrys first Connected Intelligent Community (CIC)
offering smart-home features and community connectivity through high-speed broadband.
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URL: http://www.symphonyhills.com.my/verdi.html
Cyberjaya Malaysia in its Prime
Cyberjaya, one Malaysias fastest-growing mixed development townships, adds another feather to its cap with the launch of Prima 12.
Prima Properties Management Sdn Bhd announce their next project Prima 12, an integrated development comprising boutique office towers, service apartments of SOHO and commercial area with F&B outlets and alfresco dining , is to be built here in the third quarter of this year. Prima 12 will also encourage sustainable development together with the implementation of green elements.
With a gross development, value of RM180 million, Prima 12 will boast of a minimalist and modern architectural design, with the facade mostly designed with glass.
Prima Properties Management has been present in Cyberjaya Malaysia for more than a decade with Prima 1 and Prima 2 being their first venture in the the area. It has also invested in creating a liveable working environment by building commercial and F&B outlets.
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Cyberjaya Community Sponsors Cyberjaya Police Station
Cyberview Sdn Bhd with Cyberjaya Malaysia stakeholders; Multimedia Development
Corporation Sdn Bhd, Setia Haruman Sdn Bhd, Prima Properties Management Sdn Bhd
and MCT Consortium together sponsored items worth of RM10,000 to the Cyberjayas
Police Station to spruce up the station.
According to Cyberjayas Police Stations OCS, Inspector Azirul Nizam Che Wan Aziz
The sponsorship we received will improve the ambience of the entire station and also help
motivate the police officers and to continue providing efficient services to the public.
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Visits toCyberjaya Malaysia
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Visit by Big Tent Entertainment New York
Visit by Gyeonggido Uijeongbu City Council Korea
Visit from Politeknik Tuanku Sultanah Bahiyah JPP
Visit from Nigerian Trade Delegation
Visit from Rustam Minnikhanov, President of the Republic of Tatarstan
Visit from Techno Square Japan
January 2013
February 2013
March 2013
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Cyberjaya Malaysia: Office Market Update
General Klang Valley Office Market Observations 4Q12
The average occupancy rate was generally stable Some landlords offered longer rent free periods to secure tenants Limited opportunities with few assets available for sale and some investors remained
cautious about the market
SupplySteady Supply in 2012
As at 4Q12 the existing supply of purpose built office accommodation in Cyberjaya was 7.113 million sq. ft. all of which was prime grade space. Office buildings recently completed include CJ1 (my telephone Data Centre) and BioX-Centre, which were issued with Certificates of Completion and Compliance in 2H2012.
Over the past decade Cyberjaya has recorded strong supply growth, with the office stock growing at the highest average annual supply growth rate compared with the other office sub-localities in the Klang Valley, at 18.5% between 2002 and 2012 (inclusive). This was followed by another growth hotspot, the Bangsar / Pantai locality, which is home to KL Sentral.
Of the various office sub-locations in the Outside Kuala Lumpur City (OKLC) area, Cyberjaya has the second largest office stock representing 24% of the OKLC stock, after Petaling Jaya, which accommodates 11.01 million sq. ft. (or 38%) of OKLC office space.
In terms of future supply, the 5 storey Suwah Data Centre (50,000 sq. ft.) and the 10 storey IBM Global Delivery Centre, which forms one of two towers at Quill 18, with a total net area of 522,527 sq. ft., are expected to be completed in the second half of 2013. IBM, which is expected to occupy up to 300,000 sq. ft., selected Malaysia for its newest facility based on its strong public-private partnership with Malaysia and Cyberjaya, its competitive business model, and the people talent available.
Shaftsbury Square (Tower D 22 storeys 192,000 sq. ft.), sold en bloc to Face ID Worldwide Sdn Bhd, is scheduled to complete in 2014. The construction of Glomac Cyberjaya 2 (176,000 sq. ft.) is currently on hold as the developer is seeking an en bloc purchaser and is therefore expected to complete in 2015.
Star Sentral @ Cyberjaya Phase 1, known as the Corporate Park, comprising 17 eight storey office blocks (approx 544,000 sq. ft.) is also expected to complete in 2015.
Industry Related News & Current Issues
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