MSN NEWS
Despite cooling property measures taken by the Bank Negara to curb the speculation of property prices, Malaysia−and especially the Klang Valley−remains a strong emerging real estate market favoured by local and international investors alike. If you’re ready to make that move to invest either on your first, even if it’s your forth property, determining where your money is best spent on can be tricky because indeed, location is an important aspect in purchasing property.
With the majority of property in central Kuala Lumpur area are being sold at incredibly high prices, many property buyers and investors are looking for options outside of the city but still within the Klang Valley vicinity for its slightly more affordable options. But the question is, which locations are worth investing at? We have done our part and narrow down your options with our five picks for top property locations outside Kuala Lumpur that you should consider to invest your next property at.
Cyberjaya
Located midway between Kuala Lumpur city centre and Kuala Lumpur International Airport (KLIA), it takes only 20 minutes to reach Cyberjaya via Maju Expressway and 20 minutes to get to KLIA via the toll-free road. Apart from its growing global business presence and property developments, Cyberjaya is also an education hub that attracts a large number of foreign students at seven universities and colleges established in the city as well as other public and private schools. Being located so close to Putrajaya is also an advantage by itself and there’s no doubt that being close to the government offices get work done for locals and expats alike.
(Taken from MSN Malaysia Msn News Cyberjaya)
THE STAR ARTICLE
THE story of Cyberjaya started in 1995 when the Federal Government commissioned a study for the Multimedia Super Corridor (MSC) Malaysia to the management consultancy firm McKinsey. The consultancy firm proposed to create an Information Technology or IT-themed hub (Cyberjaya) to become The Malaysian IT Research and Development (R&D) centre right at the west side of Putrajaya, the new Malaysian Administration Centre.
Since then, the newly born IT City has seen a number of ups and downs that started in 1997 with the global financial crisis and continued in the first decade of 2000 through all the minor and major crises that globalisation brought over to Malaysia.
As I emphasise when talking about properties, one should always look at the sustainability of the location before making an investment decision. Cyberjaya has a strong strategic sustainability that lies in its Cyber or IT Malaysian capital concept.
As a matter of fact, even though Cyberjaya has stepped onto the property stage only a few years ago, since early 2000, Government agencies have been promoting Cyberjaya internationally. At the end of 2013, there were more than 500 MSC status corporations that have located their headquarters, IT centres and operation offices in Cyberjaya.
Some of the corporation giants we have now in Cyberjaya, Dell, HP, DhL, Motorola, OCBC, IBM and so on. IT means innovation, and there cannot be innovation without education. Cyberjaya has also become the educational hub of central Malaysia with many local and international universities which have based their campuses there. The latest statistics indicate that the student population has already passed the 25,000 head count and is in fact, on the rise.
As New York in the 70’s has been nicknamed the “Big Apple”, Cyberjaya is increasingly becoming known as the “C” city of South east Asia.
Why “C” you will ask? C means computers, cyber-science and of course Cyberjaya. Other C’s in relation to property, could stand for: Clean hub, centralised location, capital of creativity, connectivity and last but not least capital gains.
The Star 2014 Cyberjaya Capital Gain ---- Click to read more
Feel free to email me for any question regarding Cyberjaya Development as our agency and myself are specialize in Cyberjaya projects.
Email - cyberjayaprop@gmail.com
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