New Launch Freehold Gated & Guarded 3 Storey Superlink houses in Cyberjaya.

Name : Lake Point Residence @ Cyberjaya - Phase 1 : Garden Terrace

Developer :
Eastern Corridor Sdn Bhd (subsidiary of Yanjian Group Malaysia Sdn Bhd). They are under Yanjian Group Co Ltd ( http://english.yanjian.com.cn/Index.html ) which is a huge China based conglomerate with interest mainly in the construction and real estate sector. Besides their developments in China, they have projects in 30 other countries worldwide. 

Developer License No :13641-1/08 2016/0801 (L) and Advertising Permit No: 13641-1/08-2016/0801(P)

Property Type : Gated & Guarded 3 storey Super-Link houses

Total Units : 76 houses - 1st Phase

Land : Freehold Residential

The houses are all 3 storeys with 5 Bedroom + 1 Utility room and 5 Bathrooms. There are 3 basic house Types:

Type A - 22 x 70 : 2,896 sf : 24 units RM 899k onwards
Type B - 22 x 70 : 2,892 sf  : 26 units RM 890k onwards
Type C - 20 x 70 : 2,750 sf : 8 units - RM 800k onwards
(Type A & B Corner & End Lots : 18 units)

Location : Persiaraan Sepang, Cyberjaya, Selangor DE (Opposite Lake Front Residences by MCT)

From the Brochure:

Here are some photos I took during my site visit last weekend:







From photos above, you can see that the land has already been cleared and leveled, and piling is already in progress. The developer informed us that they bought the land cash and the land is still unencumbered. They are in a strong cash position so no need to charge the land for their development cost, and before selling a single house can already start construction.

In the background is MMU, The Arc and Pan'gaea (under-construction)

Below is a photo of people fishing at the lake just across the road:

Wow 22x70 with built up of 2893-96 sq ft?

Fully extended like Eco Majestic and big car porch area?

Looks quite fair price.

Boss, you cannot compare price psf of a 3 storey vs 2 storey like that, for 3 storey, the price definitely is cheaper in terms of psf by built up.

Location, Cyberjaya is better off Semenyih and Bangi, no doubt.

But what I concern would be the number of units in whole Cyberjsya and its competition. But landed with such price of RM 900k wish should be safer than those RM 1mil+++, high-rise not easy.

Roy...more info on this project n dont too obvious advertising for sales in this thread... Any opppl interested just pm him...dont ask in this thread...if its too heavy advertising n soliciting sales mod will remove this...

Location wise, its much better than EM

Quick update, developer informed us there only 15 units left for pre-registration. Others have already been reserved and/or taken by developer staff. Mostly only intermediete facing north left.

the condo design looks like verdi huhu

err verdi condo in Symphony hill beng constructed right now looks similar to this...

Actually I also plan to buy for myself. Before this I was also blur about Cyberjaya and didn't really have confidence in the location. But after doing more research, I start to believe in the potential and can also see that this is probably the most Value-For-Money development in Cyberjaya at the moment.

Price Comparison

- New Freehold Landed G&G <RM900k is hard to find anywhere in Klang Valley
- Currently the 2 cheapest Landed G&G in Cyberjaya are the super-link houses at Summer Glades and Garden Residence. Those are all already going for above RM1m in the subsale market. For Semi-Ds at least RM1.3m onwards. Lake Point will be the lowest entry cost for landed property in Cyberjaya.
- Old Condos in Cyberjaya are already going for RM300psf-RM400psf
- New launch condos are going for RM500psf-RM600psf. Lakefront Residence Condos across the road are selling their 1400sf units for around RM700k. Cristal Residence is selling their 1500sf units at around RM800k. A 2.5 Sty 2,750sf Build-up House at LPR is just slightly more expensive but landed and almost double the size.
- The above comparison is against the more affordable new launch condos in Cyberjaya. At Pan'gaea - Eclipse Residence the 990sf units are already RM700k.

Education

- Across the road from planned Chinese School - SRJK© Union
- Besides MMU which is less than 2km away and the Cyberjaya University College of Medical Sciences (CUCMS) less than 5km away, the site is also very close by the the new Universiti Islam Malaysia Campus
- ELC International School, SRK & SMK Cyberjaya less than 2km away

Commercial
- Within easy driving distance to new upcoming commercial developments such as Tamarind Square & Pan'gaea
- Very nearby new planned mix-development - Roppongi Cyberjaya ( www.roppongi.my ) which will have a SEGI College, SEGI Medical Center, retail mall, office & residential.

If you believe in the future potential of Cyberjaya, and are looking for a place that will be a good home and a good investment in the area, then you should seriously consider Lake Point Residences. This will give you the lowest entry cost for a landed property, and a very very low Per Sq Ft entry price of around RM300psf.

I'll be at the Sales Gallery today. Please contact me if you'd like to drop by to have a look. Only 7 units left which are the intermediate Type A & B facing north.

Besides Paparich.

Rm300psf nett cheapest landed in Cyberjaya now. To cater for those like low maintenance fee and non frill G&G at quite a good and centre location. Opposite MCT lakefront project by a pretty big china developer.

They are doing their condo show units at upper floor. Sales office only has scaled models at the moment. This project is managed by two agencies.

Like this project. Cheapest landed in Cyberjaya. if you dont workhard to visit cyberjaya, you wont know the project or visit the sales office to put cheques. Now, ppls complain most good units are gone but others have done their homework long time ago. Good things dont come easy. That's life.

Earlier phase even more cheaper

All the projects earlier phase also cheaper

I was there last weekend ... All 'sold' out.