Our Cyberjaya development is a part of UEM Land Berhad’s long term strategy of diversifying the geographical location of our developments as well as our source of income and to expand into the Klang Valley. At the end of 2008, UEM Land acquired 98 acres of freehold development-ready contiguous land at a site adjacent to the Central Business District of Cyberjaya.
This development will be divided into several parcels with each having a different theme and design concept. It will comprise a total of 2,865 residential units of mixed landed and high rise strata, and limited commercial components in the form of SOHO units contained in a block of high rise building and the Village Centre. There will also be a Club Village, designed as a series of pavilions scattered along the length of the stroll garden and linked by covered walkways.
With the recent completion of the Maju Expressway, a dedicated highway that directly links Kuala Lumpur to Putrajaya/Cyberjaya, the better accessibility to our development will be a pull factor to potential home buyers.
The entire project will take eight to 10 years to complete and the gross development value is estimated to be in excess of RM1 billion.