Buying prop is not like buying FX.
Patient, vision are both critical

Haha. Hope you got it right on Cyberjaya.

If u have holding power you never get wrong in prop!
Just dump the money there and look after after 20 yrs la

http://www.ptlm.com.my/index.php/component...aya-city-centre

MRCB’s wholly-owned property subsidiary MRCB Land Sdn Bhd is expected to fork out RM269.5 million for a 70% stake in CSB Development Sdn Bhd, the joint-venture company that will undertake the development of CCC.

It said MRCB Land has entered into a joint venture agreement with Cyberview Sdn Bhd, a government-owned company wholly-owned by the Minister of Finance for the development. Cyberview will take up the remaining 30% in CSB Development for RM115.5 million.

Cyberview, mandated by the Malaysian government to spearhead the development of Cyberjaya, has earmarked approximately 141.27 acres of land located in Cyberjaya for development of the CCC.

The project sits on a 141-acre freehold land parcel and has an estimated GDV of RM8 to 10 billion. CCC will be developed over the next 15 to 20 years.

CCC is potentially prime urban land being located next to Putrajaya Sentral, which will be an interchange station for MRT Line 2, Express Rail Link (ERL) and the Kuala Lumpur-Singapore High Speed Rail (HSR). A station for the new MRT Line 2 is also slated to be built within the CCC.

The project’s first phase is a 150,000 to 200,000 sq ft convention centre for firms in technology-related businesses, said MRCB Land executive director Imran Salim at a recent press conference.

The second phase of the project will span 53.38 acres, construction of which begins in the first half of next year. It has a GDV of RM 5.35 billion.

The inspiration for the convention centre is Fira Barcelona, the Catalan city’s trade fair institution, said Cyberview managing director Faris Yahaya.

“We do not want the public to compare us with convention centres such as Putrajaya International Convention Centre or Kuala Lumpur Convention Centre. We are not competing with the big boys. Our convention centre [affordably] caters to small and medium-sized businesses and technology-based multinational companies (MNCs), Faris added.

“We are not focusing on embellishment or wood cravings, but the space and practicality of the facilities for business,” Imran said adding that over time, the masterplan would be adjusted to meet market needs as businesses came in.

The first phase of CCC will comprise the convention centre, a 300 to 400-room business hotel, retail lots and offices.

Tan Sri Salim said CCC came about in the “evolution of developing Cyberjaya”, as it was not planned in the original masterplan. “After all these years, we realised the lack of a big, central place for people to congregate so as to complete the ecosystem of Cyberjaya as a technology hub.”

“Our target market for the office lots would be multinational corporations and small-medium enterprises,” said Imran.

The construction of the offices will be adjusted in tandem with market needs and economic trends. The retail centre will comprise mostly food and beverages lots to cater for the hotel and the convention centre,” said Imran.

“Residences will be constructed during the (project’s) later phases, and will comprise lower-medium, medium and high-end products. There will be affordable housing development as well, as part of the statutory requirement,” Imran added.

“The public used to think of Cyberjaya as being very far away. With the future MRT line and various connectivity options such as the Maju Expressway that cuts the commute from KLCC to Cyberjaya to 25 minutes, this will be a game changer for the city here,”said Yahaya.

“We are looking at a (daytime) population of 80,000 in Cyberjaya as of now, and it will only continue to grow from here. Cyberjaya can house about 400,000 people. We are expecting a (daytime) population of close to 100,000 by end of 2016,” said Faris.

As of now, Cyberjaya's night population stood at 10% of the daytime figure. At least 60% of available land in Cyberjaya has been developed.



http://themalaysianreserve.com/new/story/c...catalyst-growth

This post has been edited by accetera: Mar 13 2016, 11:36 AM

"CCC is potentially prime urban land being located next to Putrajaya Sentral, which will be an interchange station for MRT Line 2, Express Rail Link (ERL) and the Kuala Lumpur-Singapore High Speed Rail (HSR). A station for the new MRT Line 2 is also slated to be built within the CCC."

i tot HSR station no more?

yes, there's No HSR station

anything in malaysia is still possible.
Just like MRT2 in early stage planning cyberjaya has no station but eventually there are 2 station in cyberjaya. So wait till the public hearing only can conclude any station in cyberjaya.

In M'sia, things r not cast in stone
Thus, anything is possible moving forward

its an old article ....

When ?

u mean HSR station?

it's already confirm by SPAD leh

by the time hsr is ready the dust from many wheels turning now would have already settled. waiting for it is a bad idea.

In early also new released from SPAD that Putrajaya is include in HSR. After few months Putrajaya is not in the list anymore, who know after few months later change again.
The final only can conclude when it release to public hearing just like the final alignment and station for MRT 1&2.
Maybe yes maybe not for Putrajaya.

The suspense for Putrajaya folks continue...

since you're insisting on public hearing. so I shall wait for it.

why not wait till public hearing？anything possible in malaysia.
we are not in cabinet, all the info also according to news by someone.

dont hold your breath...

putrajaya mrt2 station has been tendered out, chances to incorporate HSR station is very slim.

I think MRCB will definitely push for it. No wonder, recently there is some movements at site.

New blueprint video of CCC posted by MRCB recently.
I like the mall with the transparent roof at 3:50 lol

https://www.youtube.com/watch?v=WQO2NWKAVVU