7th Dec 2013
THE RM6 billion Cyberjaya City Centre project is expected to be launched next year, said Cyberview Sdn Bhd managing director Faris Yahaya.
The commercial project over 57ha is developed by Cyberview and SP Setia Bhd and will feature commercial, residential and corporate office units.
Faris said the project will be developed over five phases and will change the landscape of Cyberjaya into a more balanced urban development than it is now.
"Cyberjaya City Centre will be the next big development in Cyberjaya. We are in the process of completing the development plan.
The commercial project over 57ha is developed by Cyberview and SP Setia Bhd and will feature commercial, residential and corporate office units.
Faris said the project will be developed over five phases and will change the landscape of Cyberjaya into a more balanced urban development than it is now.
"Cyberjaya City Centre will be the next big development in Cyberjaya. We are in the process of completing the development plan.
Also present were Finance Ministry secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah, who is also Cyberview chairman, Gadang chairman Datuk Wan Lokman Wan Ibrahim and Gadang group managing director and chief executive officer Tan Sri Kok Onn.
Spread over 50ha in Cyber 9, the mixed-use project is divided into four phases and involve the construction of 2,500 housing units.
Of those, 794 units will be reserved for 1Malaysia Housing Programme (PR1MA) to cater to the needs of middle-income earners.
Phase One will be open for sale in the third quarter of next year. It will offer 325 units of PR1MA housing and 142 units of two-storey link houses starting from RM500,000 each.
The remaining three phases will offer two-storey link houses, apartment units, government quarters and commercial units.
Faris said apart from the PR1MA houses, all other housing units under this development are also priced more competitively than other similar properties in the market.
"I am confident that with this new development, we can potentially meet the housing requirements of at least another 10,000 people and, at the same time, create new business opportunities," he said.
[Source]
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