Cyberview plans RM2.5b worth of projects

KUALA LUMPUR: Cyberview Sdn Bhd has RM2.52 billion worth of developments in the pipeline in Cyberjaya this year, which will be achieved through further land sales.

Managing director Hafidz Hashim said in a statement RM3.34 billion was pumped into Cyberjaya last year, representing more than a third of the total investment value of RM9.25 billion to date.

"In the next four years, several developers will be building a total of 4,939 property units comprising 3,030 apartments, 1,113 landed properties, 774 small offices/house offices and 22 townhouses," he said.

"While we have seen a massive influx of new projects and investments by major developers, 2,145 acres are yet to be tapped and Cyberview has a strategy to develop a major portion of this land in the most equitable and balanced manner," he said. — Bernama