Cyberjaya- A place good for ownstay and invest!!

Let me shortly tell you about Cyberjaya. Launched in 1997 by former Prime Minister of Malaysia Tun Dr Mahathir Mohamad, the idea to transforming a city where 2,800 hectares (approximate 7,000 acres) of mostly undeveloped land into a self-sustaining economy called as Multimedia Super Corridor (MSC). In this 20 years, Cyberjaya has met its vision and experienced a successful transformation; from an empty land into a IT Hub and critical contributor to Malaysia's digital economy. The transformation of the town enables Malaysians to leapfrog into the information age where world best MNE will use it as reginal multi-cultural information hub. Especially this few years, Cyberjaya becoming the new booming hotspot for property investors and homebuyers, MNCs, and top universities move in the township. 

Let me break down this few reasons why Cyberjaya is a good place for stay and invest.

Transportation

Cyberjaya is strategically located between KL and KLCC airport and just next to federal administrative centre Putrajaya. This make Cyberjaya easily access to everywhere via major highways such as Elite highway, SKVE, LDP, the Maju Expressway(MEX). Driving to KLIA airport will take around 25 minutes or less and you can get to KLCC for about the same time. Furthermore, the Sungai Buloh-Serdang-Putrajaya MRT is schedule to be completed by July 2021 and will have two MRT stations serving Cyberjaya. 

Not to mention the KL-Singapore bullet train will built next to Putrajaya and Cyberjaya KLIA Transit station.

Investment Hub and Job Opportunities

According to Cyberview Sdn Bhd, currently Cyberjaya is home over 2,200 firms including 44 MNEs such as Shell, HP, HSBC, DHL, IBM, Intel Corporation, Hewlett Pack Enterprise and many more. Because there are many reasons why setting up in Cyberjaya such as tax exemptions, privileges for tech-based businesses, competitive ringgit and easy availability of talent. Due to these MNEs set up in Cyberjaya start becoming a global technology hub and brought in 40,000 of white collared workers. 

The Cyberjaya City Centre(CCC) upcoming project

Moreover, the upcoming city centre project will transform Cyberjaya into a smart city and continue to growing with a GDV of RM11bil, it would create 1,000 job opportunities in Cyberjaya.  According to Prime Minister Najib, the Cyberjaya City Centre(CCC) would be a mixed development featuring a convention centre and hotel, office towers integrated with a MRT station, shopping mall and serviced apartments with retail outlets. 

Environment

Cyberjaya not only about IT hub and the Greenest cities in the country 48% of its land reserved for public amenities and greenery.  A number of intelligent and sustainable buildings design in Cyberjaya are being developed with renewable energy and green buildings have been accredited with a Leadership in Energy and Environmental Design(LEED) and Green Building Index(GBI) certification such as Wisma Shell, CX5 Data Centre, Rimba Digital and more.  Not to forget security in town, security is a major concern these days, gate and guarded neighbourhoods are very much in demand. The crime rate in Cyberjaya is low compared to other places in Klang Valley. CCTVs are installed around the city to monitor traffic and crimes at the same time.

Education

There are many education institutions in Cyberjaya, From kindergarten, private and international primary school, and Universities. These include Sekolah Menengah Kebangsaan Cyberjaya, ELC International School, Multimedia University (MMU), Kirkby International College, Cyberjaya University College of Medical Sciences (CUCMS), AMU and LimKokWing University of Creative Technology (LUCT). There are 27,000 university students currently studying in six higher learning institutions in Cyberjaya. Moreover, the first Chinese primary school SJK(C)Union will be serve the community on next year 2018. 

Excellent Infrastructure and advanced telecommunications

Cyberjaya has a well-planned infrastructure. It enables access to high speed internet with speeds up to 100Mbps and almost all of the buildings fibre optics are equipped. In June 2017, Cyberjaya became the first in Malaysia to launch the superfast 1Gbps internet to both homes and businesses. Cyberjaya community can also surf the Internet using the Wireless Cyberjaya for free at more than 144 Wi-Fi hotspots throughout the city.  

Investing in Cyberjaya:

In my opinion, I still believe Cyberjaya is good place to invest because Malaysia government would do anything it can to sustain this city. On the past rental rate, official reports have calculated rental returns to be an average of 5.08% per annum despite weak market sentiments. Bear in mind, not only new developments has a great rental rate and the old development just as much as demand. If you planning to invest in property and interested in long term return, why not think about Cyberjaya while the entry prices still affordable. You ask me will the price increase in the future, why not look back 20 year ago lot of people afraid to buy a property in Puchong. 

Cyberjaya- A new-era begin to create and innovate with technology. it was going to be the place to call home in future.