Cyberjaya property showcase aims for RM200m sales

CYBERJAYA: The upcoming 2013 Cyberjaya Premier Property Showcase aims to achieve sales exceeding RM200 million. To be held on April 13 and 14 at the Cyberview Resort & Spa, it is the second showcase featuring projects from major property developers in Cyberjaya.

Last year, developers participating in the first such property showcase sold RM120 million worth of properties. This year,  eight developers will be participating, led by Setia Haruman Sdn Bhd, the master developer of Cyberjaya. The others are Mah Sing Properties Sdn Bhd, S P

Setia Bhd, UEM Land Holdings Bhd, Emkay Group, Paramount Property (Cjaya) Sdn Bhd, MCT Consortium Bhd and Glomac Bhd. Together they will be showcasing properties with a total gross development value of RM5.76 billion.

“This is the second time we are hosting the Cyberjaya Premier Property Showcase which goes to show that this initiative has proven to be an effective and resourceful event benefitting the participating developers and the public,” Setia Haruman head of sales and marketing YK Liew told a media briefing yesterday.

The properties for sale include both completed and on-going developments that will cater to a broad spectrum of buyers from owner-occupiers to investors.

“We are targeting everyone,” Liew said. “About 50% of the properties for sale during the showcase are  residential properties with the remainder made up of products such as retail, SoHo and light industrial units. Currently, a majority of purchasers in Cyberjaya projects are investors.”

Among the projects that will be featured are Setia Haruman’s Gardenview Residence (high-rise residences), Apex Residence (bungalows and condominiums), and CBD Perdana 3 (SoHos); Mah Sing’s Aspen and Clover landed homes at Garden Residence as well as Garden Plaza

SoHo units; Emkay Group’s Autoville light industrial units; Paramount Property’s Sejati Residences landed homes; S P Setia’s Setia Eco Glades; UEM Land’s Symphony Hills; MCT Consortium’s serviced apartments; and Glomac’s shopoffices.

The public will be given a special viewing of 21 show units during the showcase, Liew said. United Overseas Bank will offer end-financing options to interested buyers during the event.

Cyberjaya is known as Malaysia’s Silicon Valley and spreads over 6,960 acres within the vicinity of Sepang. It is strategically located within a web of highways such as the Elite Highway and Maju Expressway, and is close to the Kuala Lumpur International Airport.

There are more than 30 multinational corporations that have set up operations in Cyberjaya, as well as six universities and colleges, and four schools. Cyberjaya has numerous amenities and a population of 53,000 which is expected to increase to 100,000 by 2016.