NeoCyber is the first freehold integrated development in Cyberjaya, which is developed by LAKETOWN SDN BHD, a subsidiary under the EMKAY Group banner.
Project Size
21.17 acres
Land Tenure
Freehold
Location
3A NeoCyber
Lingkaran Cyber Point Barat
63000 Cyberjaya
(located within the flagship zone of Cyberjaya)
Total estimated GDV
RM400 million
Project Profile
NeoCyber is a mixed development project on 21.17 acres of freehold land in the flagship zone of Cyberjaya with a total GDV of approximately RM400 million.
The development is divided into four (4) main phases which includes shop offices, serviced apartments and office towers.
The first two phases of development which comprise of serviced apartments and shop offices were completed ahead of schedule. The return on investment on these properties is encouraging with a rental yield of at least 7% p.a and capital appreciation of 25 – 30%.
The proven track record and the competitive pricing certainly accelerated the take-up rate of subsequent launches. To date, Domain 2 is sold out, whilst Domain 3 has limited units available. Coming up next is Domain 4 which is now open for sales.
PHASE 1| BIZ AVENUE 1 | |
| 67 units of strata title shop offices which were fully sold within 2 days of launch. | |
| Land Area | 3.5 acres |
| GDV | RM25.3 million |
| Average Selling Price | Ground Floor - RM 500,000 First Floor - RM 250,000 |
| Handover date | February 2008 (15 months ahead of schedule) |
| Sales status | 100% sold |
| THE DOMAIN | |
| 272 units of service apartment. | |
| Land Area | 2.5 acres |
| GDV | RM46.7 million |
| Average Selling Price | Type A (750 sq. ft.) - RM 200, 000 Type B (550 sq. ft.) - RM 150,000 Type C (575 sq. ft.) - RM 155, 000 |
| Handover date | February 2009 (4 months ahead of schedule) |
| Sales status | 100% sold |
PHASE 2
| BIZ AVENUE II | |
| 138 units of strata title shop offices. | |
| Land Area | 7.7 acres |
| GDV | RM60.7 million |
| Average Selling Price | Ground Floor - RM 580,000 First Floor - RM 275,000 |
| Completion date | Dec 2008 |
| Handover Date | June 2009 (12 months ahead of schedule) |
| Sales status | 100% sold |
| COMMERCIAL LOT | |
| 6,555 sq. ft. nett area. | |
| GDV | RM1.47 million |
| Proposed Selling Price | RM 225 psf. |
| Sales status | Available |
PHASE 3
| OFFICE TOWERS | |
| An 11-storey office building with one level office/retail space on the ground floor followed by 4-storey of car parks and six-storey of typical office space and now open for sale or lease. | |
| Total gross floor area (GFA) | 325,875 sq.ft |
| Total net floor area (NFA) | 262,748 sq.ft |
| Floor area (By towers) | Tower 1 GFA : 133,278 sq. ft; NFA : 103,078 sq. ft. Tower 2 GFA : 192,597 sq. ft; NFA : 159,670 sq. ft. |
| Car park provision | 578 bays |
| Land area | 2.4 acres |
| Estimated GDV | 132.23 million |
| Now open for Sale/Lease | |
PHASE 4
| APARTMENTS | |
| 4 blocks of 600 units of apartments (Domain 2,3,4 & 5) | |
| Built-up area | Ranging from 550 to 800 sq. ft. |
| Total GDV | RM133.06 million. |
| Land area | 5.3 acres |
| Domain 2 Apartments | |
| 180 units of apartments (600, 700 & 800 sq. sf.) | |
| Current GDV | RM39.2 million |
| Launch date | October 2009 |
| Expected completion | July 2011 |
| Sales status | 100% Sold |
| Domain 3 Apartments | |
| 180 units of apartments (550, 600 & 750 sq. sf.) | |
| Current GDV | RM40.5 million |
| Launch date | May 2010 |
| Expected completion | Dec 2011 |
| Sales status | Limited Units Available |
| Domain 4 Apartments | |
| 120 units of apartments (ranging from 550 to 750 sq.sf) | |
| Estimated GDV | RM23.4 million |
| Target launch date | Q4 FY 2011 |
| Open For Sales | |
| Domain 5 Apartments | |
| 240 units of apartments. | |
| Estimated GDV | RM37.3 million |
| Target launch date | FY 2011 |
