exclusive report cyberjaya - property hunter · ideals of looking towards ict as an engine of...

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A CITY OF ENDLESS POTENTIAL

Cyberjaya is always a hot topic among property investors. With many commercial and residential developments that have arisen, it has made the city an attractive choice for local and foreign

businesses to live, work and play.

Initially focused on ICT, the city has evolved into a global tech hub (GTH) - which has driven the city’s economic growth.

With wide networks that have been established in East Malaysia, Property Hunter sees the importance of highlighting the thriving city into a special issue dedicated to this interesting city.

CYBERJAYAEXCLUSIVE REPORT


BACKGROUND

To complement the newly launched Malaysia Multimedia Super Corridor (MSC-Malaysia) in 1997, the Malaysian Government put forward a plan to build a new Information Communication Technology (ICT) city. Thus, Cyberjaya was hatched up as a vital ingredient to the country’s policies and ideals of looking towards ICT as an engine of growth for the future economy.

Measuring 7,000 acres, Cyberjaya has been transformed into an intelligent city with world-class standards and facilities, making it the country’s first and premier ICT city.

Calling Malaysia a negara hebat (great nation), the chief US diplomat highlighted the country’s success in generating entrepreneurs in a multicultural setting, and mentioned Cyberjaya as among its success stories. (Source: The Star Online, Oct 12 2013).

THE CURRENT WAVE

Say hello to the innovative creative thinkers of Cyberjaya. Made up of the tech community, students and residents, the city has been developing progressively and is projected to reach a population of 100,000 by the end of 2016 (there are currently roughly about 86,000 people residing in Cyberjaya). With the presence of many multi-national companies and private universities in the township, many expats have also been attracted to set up home in Cyberjaya. A vibrant community, it’s where creative and brilliant-minded people meet and collaborate.

Intelligent, sustainable building design is fast making inroads in Cyberjaya. New residential and commercial buildings are being developed with renewable energy and water conservation in mind - while existing buildings are being retrofit to reduce power and resource consumption.

Equipped with modern and high-tech facilities, Cyberjaya is the city of

the future with a twist. While other cities are congested with sky-high

buildings, Cyberjaya’s state-of-the-art developments are supplemented with a

host of recreational facilities.

A number of buildings in Cyberjaya have been accredited with LEED (Leadership in Energy and Environmental Design) and/or Green Building Index (GBI) certification. They are Wisma Shell

(Malaysia’s first LEED Gold Building), CX5 Data Centre, Rimba Digital – Cyberjaya3 Data Centre, and CJ1 Data Centre. The upcoming

Cyberjaya Mosque has also been awarded a Green Building Index – Platinum Rating.

CYBERJAYA A globally connected

city of the future

OVERVIEW

As the principal Developer of Cyberjaya, Setia Haruman was commended with the role to plan, design and prepare the primary infrastructure for the Cyberjaya. The freehold land entailing four main zones known as Enterprise, Commercial, Institutional and Residential. Each zone is fully equipped with state-of-the-art infrastructure which includes a host of intelligent network.

Setia Haruman is also involved in the development of commercial and residential projects in addition to marketing and selling land parcels to investors and sub-developers to design and build their own development based on a permitted planning guideline. Furthermore, Setia Haruman offers assistance to MSC-status companies in obtaining the land rights and approvals for sub-division and building plans.

Today, Setia Haruman is credited for the development of Cyberjaya into an intelligent city of world-class standards and a variety of facilities amidst rich natural surroundings.

WALK DOWN MEMORY LANE

Cyberjaya was a palm oil plantation back in the mid-nineties. Malaysia had an abundance of palm oil plantations at that time, but what they did not have was a city designed specifically to facilitate the IT and hi-tech industry.

Cyberjaya started to emerge from the jungle in 1997. The whole enterprise was founded in the attempt to move the Malaysian economy away from agriculture and towards manufacturing and tech industries.

Cyberjaya has changed melodramatically in just the last 3 or 4 years from what was pretty much a wasteland strewn with offices and the (very) occasional retailer, to the beginnings of a real city. And judging from the amount of construction in progress right now, the township will be a very different place in another 5 years from now. (Source: http://www.cyberjayalife.info/2013/12/history-of-cyberjaya)

*Unless stated otherwise, the numbers above are accumulative figures and subject to change

Not only does sunshine have the power to make people feel happy, it also has the potential to power up our devices, buildings, and more. In Cyberjaya, where sunlight is plentiful all year round, solar power is increasingly being used as an alternative energy source, thus reducing the city’s dependence on fossil fuels.

So far, solar panels have been installed on five bus shelters, two Green Nomad Kiosks, and on several rooftops, including the new Cyberjaya Community Recycling Collection Centre (CCRCC). The energy stored in the solar-powered bus shelters is turned into electricity at night, lighting up the bus stand. In the future, Cyberjaya’s car park shelters will also run off solar energy. Another interesting solar-powered project is the upcoming Cyberjaya Mosque, which may be the world’s first mosque equipped with a Building-Integrated Photovoltaic (BIPV) System to harvest energy from the sun.

As of June 2015, there are plenty of landed and high rise residential developments being offered for residential stay. High rise residential and integrated developments including the likes of Shaftsbury Square, D’Pulze, Serin Residency, The Place, D’Melor, Domain, etc. and landed housing include Symphony Hills, Garden Residence, Summer Glades and Mirage by the Lake. With the many upcoming developments, there will be at least an additional 10,000 residential units in the next two years. (Source: www.cyberjayamalaysia.com.my)


EXCLUSIVE REPORT


THE YET TO COME

Cyberjaya is moving up the value chain by the day. As the city gears towards 2020, residents and dwellers will see a rise in high impact companies, research and development (R&D) companies and backend financial services, to name a few. Deemed the “Smart City”, Cyberjaya is poised to have the following attributes:

Setia Haruman is dedicated to further build Cyberjaya into Malaysia’s leading hub for high income economy; creating a clean, green and lush ecosystem that is facilitative and conducive to businesses to drive economic activities.

Cyberjaya will become the centre of excellence for knowledge and highly-skilled manpower, attracting and maintaining the world’s leading multinational corporations (MNCs) and their knowledge workers. The smart city will also be a catalyst for MNCs and Malaysian corporations, nurturing start-ups, SMEs and “technopreneurs” to create value-added activities to move up the value chain. Not to mention the collaboration with Universities, private institutions and skills development centres to educate and prepare knowledge workers.

According to Ishmael Ho, Director of HSC Research, there are more than 30 developers in Cyberjaya and all the big players are there, like SP Setia, Mah Sing, OSK, UEM and MCT;

all of them targeting the middle-income market. “Not only does Cyberjaya have freehold status, it is also home to MSC, with more than 300 MNC status companies, plus world-class universities and a population of about 24,000 students in total”, he added.

Within the next 5 years, one can expect a more robust growth for Cyberjaya with all of these projects coming into place.

Cyberjaya will see a new 4.86-hectare government hospital in its township by 2018. This is one of the 5 new hospitals to be built in addition to Pasir Gudang, Kemaman, Pendang and Maran.

To support the city’s new vision and growth plans, a few development projects have been proposed, one of which is the development of a city centre that will create a focal point for Cyberjaya and its settings within a 30–50 km radius.

Easily accessible and pedestrian friendly, the project, with a Gross Development Value (GDV) of RM9 billion, is now at its evaluation stage. The project will be developed in phases and is expected to be fully completed within 15 years.

The government has already approved an efficient public transport system. An MRT station, or also known as the MRT II Project, will serve residents through these areas; Sungai Buloh – Serdang – Cybjeraya – Putrajaya, with Cyberjaya and Putrajaya being one of the main stations.

Strategic location within proximity of Klang Valley locations Excellent connectivity with expressways and rail links supported by feeder bus services Superior IT infrastructure and communications backbone supported by extensive fiber optics backbone Safe living and working environment with security features including gated and guarded projects and CCTVs Ecological environment, allocation for greenery and public facilities and amenities is double that of the average townships Well-planned and low density ecosystem, with no transportation bottlenecks, including that for public transport.

GLOBAL TECHNOLOGY HUB, YOUR FUTURE BLUEPRINT

Nine key technology sectors have been identified under the Global Tech Hub Blueprint. They are:

HIGHLIGHTS OF CYBERJAYA

Top 4 Universities • Multimedia University

• Limkokwing University of Creative Technology

• Cyberjaya University College of Medical Sciences

• University Islam Malaysia

Cyberia Crescent 1 by MK Land Mirage By The Lake by OSKGarden Residence by Mah Sing

Lake Point by Yan Jian group Lake Front by MCT Verdi Eco-dominium @ Symphony Hills by UEMCeria Residences by Setia HarumanSetia Eco Glades by SP Setia

Shaftbury Square by Ikhasas group (P) D’Pulze by D’Pulze VenturesNeo Cyber by EMKAY

Third Avenue by Tee ResourcesSky Park by MCTLexicon by Prima AvenueCyberSquare by Binastra

Glomac Cyberjaya by GlomacCBD Perdana by Setia Haruman Galleria by PPC JV Glomac

Radius by EMKAYTamarind Square by Tujuan GemilangRoppongi by BND Global

Kirkby College

ELC International School

Smart School (Cyberjaya Primary & Secondary)

Secondary Smart Boarding School – Seri Puteri Girls

Education Institutions (6 Universities/Colleges as of Apr 2016)

Current Developments (projects that are already completed)

Future Developments

InformationSecurity

CreativeContent

CloudComputering

Big DataAnalytic

GreenTechnology

Biotechnology

WearableTechnologies

Smart Grid Technology

According to Enoch Khoo, Vice President of Property Hub Sdn Bhd and Managing Director of ENK Ventures Sdn Bhd, he believes that Cyberjaya is a booming

city. With the high speed rail from Singapore to Kuala Lumpur, it will

easily allow IT specialists to commute to and from Cyberjaya, the knowledge

centre of Malaysia.

“IT will be the next wave of business. Cyberjaya plays a very important role in the nation for the tech industry and the knowledge based people would have to

congregate there”, he explained.

To support the city’s new vision and growth plans, a few

development projects have been proposed, one of which is the development of a city centre

that will create a focal point for Cyberjaya and its settings within

a 30–50 km radius.

Residential

Residential

Mixed Dev.

Mixed Dev.

Commercial Dev.

Commercial Dev.

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EXCLUSIVE REPORT


T amarind Square is a unique retail and office development. It is the reinvention

of the traditional Malaysian shop-office, the modern-day mall, and the Asian village square. Tamarind Square is designed to overcome the problems of traditional shop-office developments and bring in all the benefits of a shopping mall. The concept is to have people meet each other and connect. It’s a sense of community, belonging and harmony.

The project features three main components – 30 four and five-storey semi-detached shop offices, 72 three-storey garden shop offices and 2 blocks of SOFO with a total of 674 units.

The semi-detached shop offices come with six-metre high ceilings for both the ground and podium levels.

The lower two levels can be accessed from the main road, while the top two levels can be reached from the podium road. Highlights include rooftop gardens which are great for al fresco dining and beautifully landscaped secret gardens tucked in between each semi-detached unit that acts as extension areas for outdoor cafes which will be connected by covered verandas.

The three-storey garden shop offices are arranged around gardens spanning approximately one acre. All the shops have dual frontage and six-metre high ceilings, allowing for mezzanine space. The North Court garden will feature 7 tree houses of about 300sq ft each that can be used as a small shop, meeting room or place to hang out.

Tamarind Square’s prized location, surrounded by more than 19 residential developments and fronting a mall and hotel makes it the latest green gem to

emerge right in the heart of Cyberjaya.

Tamarind Square – Where Cyberjaya Connects

Sales Person : Alex ChongContact : 03 – 7728 0300 or 012 – 264 1496Email : [email protected] : www.tamarindsq.com

PROPERTY SHOWCASE



PROPERTY SHOWCASE

Cyberjaya – a well-designed smart city with massive institutional and business developments in the

recent years. Home to over 500 multinational companies such as HSBC, HP, DELL and Shell. Cyberjaya is strategically connected to major expressways which include Maju Expressway (MEX), Elite Highway, Lebuhraya Damanasara Puchong (LDP) and South Klang Valley Expressway (SKVE). Along with the upcoming MRT line; Sungai Buloh-Serdang-Putrajaya line with two main stops in this smart city, Cyberjaya has ultimately created more alternatives and conveniences in travelling in-and-out of the city.

Contributing to the growth and fulfilling the prospect as the nation’s premier technology hub, OSK Property has also taken the opportunity to play its part in this township. Hailed as Pan’gaea, the development envisions a “world in one place” concept, featuring an integrated

master development with service apartments, lifestyle retail and office suites. Part of this multiple-award winning development, OSK Property presents its latest offering; Eclipse Residence, a self-sustained integrated development which offers furnished service apartments with modern suites ranging from 450 to 990 sq.ft. Equipped with unique recreational facilities such as beach-themed and infinity pools, gymnasium, sauna, Jacuzzi and squash court, Eclipse Residence ensures the utmost well-being of its residence be it at home.

Eclipse Residence is poised to be a great place to live in and to invest as the city continues to grow and attract talents into the township. For a limited time only, Eclipse Residence now comes with a unique investment plan for you which includes 0% down-payment, 10% rebate, 10% Bumi discount, double income potential scheme and much more.

Eclipse Residence @ Pan’gaea The Oasis Of Cyberjaya - Where Work, Play And Thrive Are Met In One Place

Contact : 03-8318 6366 / 019-222 7138Email : [email protected] : www.oskproperty.com.my

PROPERTY SHOWCASE

Loft Suite

Eclipse Residence Facade



COMPARISON OF PROPERTY PRICES

10 REASONS WHY CYBERJAYA IS A GOOD PLACE TO INVEST #1 CLEAN HUBLiving conveniently near the city and being one with nature is probably ideal for all of us. In Cyberjaya, one will know that the city has a relatively low carbon emission, with most homes developed in low density areas. Furthermore, at least 50% of green open space are reserved.

#2 SAFE CITYCyberjaya is generally safe with very low crime rate. Most housing areas are gated. Plenty of new apartments are built with safety in mind. There are CCTVs installed around the city and there is a big police station dedicated to serve the whole area of Cyberjaya. There’s also a fire station so if there’s any means of emergency, they’re sure to arrive very quickly.

#2 CREATIVE INPUTCyberjaya is known as the capital of creativity. Why you might ask? With 8 universities within the city to choose from, it would be an ideal place for the younger generation to explore their creative side.

#4 EXCELLENT INFRASTRUCTURECyberjaya is a city built from scratch so most of the infrastructure is well planned ahead of its time. Most residential areas are fibre optics ready and able to support future broadband services. A lot of multinational companies such as Dell, HP, DHL, Huawei and Tech Mahindra have operations in Cyberjaya due to reliable infrastructure and support from the government.

#5 CENTRALISED AND CONVENIENTIt is the centralised hub between Kuala Lumpur city and emerging urban south towns such as Sepang, Bangi and Dengkil; which are now conveniently linked with the causeway expressways.

#6 GOOD CATCHMENTRunning a shop lot in Cyberjaya would mean that one would be surrounded with a population of 450,000 catchment market. What’s more attractive is that most surrounding towns are mature and craving for new points of interest or activity.

#7 CAUSEWAY LINKSCyberjaya is conveniently linked by 4 cardinal points of the compass which includes major highways such as Maju Expressway (MEX), Kuala Lumpur-Putrajaya Expressway (KLPE), KL-KLIA dedicated Expressway, Middle Ring Road (MRR2), Lebuhraya Shah Alam (KESAS) and South Klang Valley Expressway (SKVE).

#8 GREENERY AND LAKE Cyberview, which manages Cyberjaya, promises to maintain the greenery of Cyberjaya. The beautiful Putrajaya Lake which separates the two cities is a sight for sore eyes. There’s always a spot for you to do your picnic while enjoying the scenic view of the lake. As cities grow, people will need a place to be closer with nature and Cyberjaya can offer this right now.

#9 GROWING EXPAT COMMUNITIES Thanks to the multinational companies and international universities such as Lim Kok Wing and Multimedia University (MMU), Cyberjaya has a growing number of expat communities. Many expats from Europe and North America are familiar with the surroundings of Cyberjaya so it has become their preferred choice to live and work. That means investors will have better chances to get good price to rent out their houses or apartments.

#10 FUTURE KL-SINGAPORE BULLET TRAIN STOP AND MRT STATIONSThe KL-Singapore bullet train is currently a hype and many people are hoping that it will become a reality. Cyberjaya and Putrajaya will become one of the major stops between KL and Singapore. The new station will be built next to Putrajaya and Cyberjaya KLIA Transit station. Eventually, the station will also be integrated with MRT. There will be two MRT stations built in Cyberjaya – Cyberjaya North and Cyberjaya South. The construction of the high-speed railway is expected to commence in 2017, with the completion in 2022.

*Prices are subject to change according to the landlord.

*Prices vary between different real estate agents

(Sources: www.mudah.my, www.iproperty.com.my)

(Source: www.cyberjayacity.com, www.investcyberjaya.com)


EXCLUSIVE REPORT

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CYBERJAYAAS A WHOLE

*Source as of 2014: www.investcyberjaya.com, Setia Haruman)

EXCLUSIVE REPORT

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