Monday, May 19, 2014

Cyberjaya Part 2


Out of the 7,000 acres of freehold land in Cyberjaya, 30% or 2,100 acres will be dedicated to public parks and the green lung of the city together with an impressive lake. Universities and IT centers are populated by young generations or members of the Gen Y and Gen Z groups that are environmentally sensitive.

Looking into this, the developers have been planning and designing accordingly, leaving ample space for green facilities in all their developments and setting their buildings to become Green Building Index (GBI)-rated.

Cyberjaya is a natural green hub and is probably going to become an example of how to plan and construct smart, green cities as authorities and developers will not have to deal with existing old buildings or “out of date” road networks. It is a brand new city designed on a “blank slate” and this will surely give its developments a big plus point.

Centralised location facilitated by convenient causeway links

Location means good connectivity and for sure, Cyberjaya has what I define as a “conveniently far” location. It is far from all the hustle and bustle of the crowded KL and Greater KL area yet you can easily be connected with a mere 20 minutes commute by train (Transit KL) or less than 30 minutes’ drive. At the same time, you can easily catch an international flight from KLIA (Kuala Lumpur International Airport) within the same amount of time.

For car lovers, an extensive network of existing and under construction highways and expressways allow easy and fast connectivity.

The four cardinal points of the compass as the Plus highway is at a stone’s throw distance as far as the Maju Expressway (MEX) (formerly known as Kuala Lumpur-Putrajaya Expressway (KLPE) and KL-KLIA dedicated expressway), the Middle Ring Road 2 (MRR2), Lebuhraya Shah Alam (Kesas) as well as the South Klang Valley expressway (SKVE), just to name the major linkages.

Easy connectivity leads to high catchment

Cyberjaya is surrounded by highly populated areas such as Puchong, Putrajaya, Kajang, Bangi and the whole southern corridor of Klang Valley.

The increasing offerings of activities will cater to the future residents of this hub who are expected to be young and/or foreigners. In this light, Cyberjaya is poised to attract crowds from most of the neighbouring areas.

Residential, commercial or retail space will be sought after for many years to come which will benefit wise investors who will collect profitable rentals and see their investment being very remunerable.

Capital city of the creative industry

From a purely property point of view, the presence of international universities and multinational corporations means good tenants and/or foreign purchasers for highly priced properties.

An example is the Limkokwing University in Cyberjaya which has been branding itself as one of the world centres for creative technology. Besides attracting a large number of international students, it is also a reference point for other international universities and colleges, not to mention specialised industries and service providers – all related to the creative industry.