Now, the time has come as several projects in Cyberjaya will be ready and open for occupancy within the next 12 months.
Universities have established their campuses there with more than 25,000 students looking for a place to stay in a vibrant and lively hub. Foreigners are also in Cyberjaya, following the initiatives of the Multimedia Super Corridor (MSC) Malaysia development and the rising number of multinational corporations with headquarters and operative offices in Cyberjaya.
They too are in the market to find nice and convenient accommodation
Developers could see that the rising interest in Cyberjaya was presenting them with the opportunity to gain more profit from their projects. So, they slowed down the launches of their new projects and concentrated on the completion of the ones already launched which are now, mostly sold out.
Look at the map which shows all the available land for development in Cyberjaya as of August 2013 highlighted in yellow while the blue colour highlights the already launched or planned developments.
After this, take a look at the table showing the price trend for the past four years and draw your own conclusions as to how viable it might be to invest in Cyberjaya.
My personal take is that within the next five to eight years, property values there will rise abundantly above RM1,000 per sq ft even though investors will have to be wise and patient when looking for tenants.
In other words, holding power might become the name of the investment game in Cyberjaya, offering a reward of high capital appreciation and good or above-average (Return On Investment) ROI.
