From what I observed, by comparing newly VPed condos/apartment in Cyberjaya, The Arc and Shaftsbury. I could see that The Arc (nearer to MMU and bigger size unit) has higher occupancy rate. If I've not mistaken, Shaftsbury VPed earlier than The Arc.

Cyberjaya Global Tech Hub Blueprint In Final Stage: Irwan Serigar

PUTRAJAYA, Aug 20 (Bernama) -- The final stage of the Cyberjaya Global Tech Hub Blueprint, to transform Cyberjaya from a premier ICT hub to a global technology hub, will be presented to Prime Minister Datuk Seri Najib Tun Razak in the near future, said Secretary-General of the Ministry of Finance, Tan Sri Dr Irwan Serigar Abdullah.

Irwan Serigar, who is also Chairman of Cyberview Sdn Bhd, said elevating Cyberjaya to a global scale would attract more foreign direct investments into the country including to strengthen local technology firms and create a high-value workforce.

"After we have tabled and finalised the report, then we will present it to the Prime Minister, hopefully very soon. We are now getting feedback and input from stakeholders and government entities," he said to reporters after chairing a meeting on the 'Blueprint for Elevating Cyberjaya to a Global Tech Hub' here Wednesday.

He said the global tech hub focused on five main ICT technologies areas such as information security; creative content; mobile Internet; cloud computing and big data analytics; while non-ICT technology focused on four areas namely green technology; biotechnology; wearable technologies and smart grid.

According to him, Cyberjaya had established itself as the preferred investment location in the region for ICT-based companies and continued to progress.

Cyberjaya now hosts some 800 ICT and non-ICT firms, including 40 multinational corporations, 486 MSC companies, eight banks, four universities, two colleges and by 2016 will have a permanent population of 100,000 people and 26,000 students.

Meanwhile, Cyberview Manging Director Faris Yahaya said the new developments comprised mosque, hospital, transport hub which connects Putrajaya and Cyberjaya with MRT Line 2 and 'walkalator'.

"The Government is finalising the study to bring the MRT Line 2 to Putrajaya. We are going to build an overhead 'walkalator' about 400 metres long to connect Cybercity centre to Putrajaya Sentral, to ease people's movement, which makes it more commercially and financially viable," he said.

He said Cyberview would now downplay its property part and focused more on the technology component.

"We have stop selling land owned by Cyberview and we want to be more strategic, we are rebranding to be a global technology hub...attracting more multinational companies, high-tech companies," he added.

Cyberview expects the gross development value of Cyberjaya to hit RM20 billion by 2016, up from RM11.1 billion in 2013.

From the investment standpoint, this topic has been endlessly discussed since 2009. I run out of breathe sometimes to reply and convince those naysayers why CBJ is not only good for living, but it's also good for investment.

my friends and I own few properties in CBJ for staying and investment,  and the property value today has risen up to 60% to 90%, and bear in mind the value is the banker value, and not the asking price from buyer. we were the early birds when naysayers wrote us down about CBJ years back.  We are still holding it today because we feel there is a more room for appreciation.

I won't deny there will be an oversupplies of SOHO, SOVO and others in years to come, however if you have holding power then anytime is a good time to invest here, especially we are talking about iconic places and its unique township here in CBJ with all the good things mentioned in the past forum here.  The guidance here is that if you want to invest in CBJ with also consideration that you guyz are pretty late in the game now, you should be able to identify which product are the most unique and strategic one in term of location. That is the key. I don't know about you, but when I came in to CBJ, i just fall in love with CBJ, and i dont remember i came in with an investment mindset on my first property here in CBJ.

Many years back, people laugh when we compare it to DPC, Bangsar, Mt Kiara, today we have seen people from the said area coming to purchase property and intend to live here. When we share this to everyone here, we still see naysayers commenting and laughing...I don't know about them, but my fren and I are already laughing on our way to bank now

Distance is just one's perception and it's subjective on how one sees it. CBJ is planned to be sustainable city on the outset, and it has now become quite sustainable in term of convenience in getting everything you need on your daily chore although you can still argue that it hasn't reach to the maturity of KL areas, having said, it will not take very long to be as established as KL once the malls are up and running ( DPulze, IOI City Mall are coming up this year ) When that happens and you have all the convenience in getting whatever you want from the said malls and the next 10 malls within or nearby CBJ in years to come, would you then consider KLCC is very far from where you live? you probably won't want to go KLCC or Mid Valley anymore.

As some folks pointed it out here, would it be more petrol-consuming if one stuck in the jam versus one drive abit further along the highway congestion free, one would know that answer

And bear in mind, investment has been associated with long-term view approach with holding power, as oppposed to not short-term view strategy which is buy and sell immediately approach - this is more towards speculation. You have to decide what intention of you have and which camp you belong to. If you are speculating, then CBJ is not the place for you. DOnt' mix investment and speculation as one, most of us get confused and tend to mix this up together, therefore leading us to have different opinions in CBJ.

Anyway for those who have bought CBJ, i would love to meet you guyz up, as i think you guyz made the right choice. Great mind think alike as they said