NeoCyber is the first integrated development in Cyberjaya. It is built on a 21.17-acre of freehold land with gross development value (GDV) of RM423 million. It is developed by Laketown Sdn Bhd, a subsidiary of EMKAY Group. This integrated development comprises shop-offices, serviced apartments, apartments, Grade A office block, commercial lots, a playground and a central park. There are a total of 4 phases. Its first phase is Biz Avenue 1 and The Domain Apartment. The second phase comprises Biz Avenue 2 and Commercial Lot. Third phase is the Office Tower and the last is 4 blocks of Domain apartments. Its residential component is called The Domain Serviced Apartment, the first studio apartment in Cyberjaya. There are 3 layouts available; Type A comprises 3-bedrooms and 2 bathrooms (both bathrooms located at the living & dining area) with 750 sf built-up, Type B is a 1-bedder with built-up size of 550 sf and Type C is also a 1-bedder with Loft design with 575 sf built-up. There are a total of 242 units (160 units of Type A, 48 units of Type B and 64 units of Type C).Besides The Domain, the developer has also launched Domain 2 and Domain 3 Apartments. Also, Domain 4 Apartment is open for registration since December 2010. All these 3 developments are similar to its predecessor. The developer will launch the last block, called Domain 5 in the future. The first phase is completed and VP was given in February 2009. It is targeted for single working executives and expatriates market working in Cyberjaya. This apartment is furnished with swimming and wading pools, gymnasium, multi-purpose hall, surau, BBQ area, study cell and 24-hour security with card access and CCTV surveillance system. It is also broadband ready with wireless hot-spot. Each unit comes with a single car park bay. Meanwhile, its commercial components comprises
Biz Avenue and *Biz Avenue II shop-offices. The first phase, Biz Avenue, comprises of 67 units strata-titled shop-office units. Its concept is based on neo-classical facade and its wide side lanes make it suitable for al-fresco cafe. It was completed and handed over in February 2008 - 15 months ahead of schedule. The second phase was launched in May 2007 with a total of 138 units. It is priced from RM269,900 for an office lot and up to RM546,700 for a shop-lot with built-up area of 24' x 70'. The office tower, known as
Office Tower @ NeoCyber comprises 2 blocks of 11-storey office towers. Its ground floor accommodates retail spaces. It has 4-storey car parks and 6-storey office space. It has a total gross floor area (GFA) of 325,875 sf and total net floor area (NFA) of 262,748 sf (Tower One: 103,078 sf and Tower Two: 159,670 sf). A total of 578 car parks are provided.NeoCyber is strategically located in the heart of Cyberjaya and just within walking distance to The StreetMall and the bus terminal. It is within 1km away from Mulditmedia University (MMU) and MMU Mosque.
Property Details
Name: NeoCyber Address: Cyberjaya Developer: Laketown Sdn Bhd (a subsidiary of EMKAY Group) Completion Date: 2014 (estimate) Type: Mixed Tenure: Freehold No. of Blocks: 6 Built-up The Domain Type A: 750 sf
Type B: 550 sf
Type C: 575 sf
Biz Avenue II: Up to 24' x 70' Office Tower: 325, 875 sf (gross floor area) Launch Price The Domain: From RM140,000 Biz Avenue II: From RM269,900 Subsale Price The Domain: From RM220,000 Biz Avenue: RM300 psf Rental The Domain: From RM1,500 - RM2,300Facilities
24-hour security with CCTV and card access system Swimming pool Wading pool Gymnasium Multi-purpose hall Surau BBQ area Study cell Broadband readyAnalysis
The Domain and The Domain 2 have delivered great return in both rental yield and capital appreciation. It is highly received by the students in the area - mostly those foreigners from middle-east countries. It has recorded over 20% capital appreciation and about 8% of rental yield. Among a good story told is owner who actually bought a unit here for around RM150,000, was able to rent it out for RM1,500 per month (fully-furnished) once it was completed. And there are tones of good stories from the owners of The Domain.
