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manufactured, potential investors and purchasers will look
towards Cyberjaya.
One of the many advantages that Cyberjaya has is that it
is an administrative centre which is quite well-thought-out
even as a township. It has beautiful landscapes as well as
wide open spaces and is comparable to Seri Kembangan,
Serdang and Balakong.
James Tan (JT): IOI Vivo City, Bandar Kinrara and some other
pockets of land within Puchong have still yet to be developed.
Even Bandar Bukit Puchong is not fully developed yet and
the same goes for the 170 acres behind IOI Mall. Of course,
there is also the Ayer Hitam Forest Reserve which may or
may not be gazetted in the near future. As far as freehold
land is concerned, people do not take that into consideration
as much as they used to as the price difference between a
freehold land and a leasehold land is nominal.
Regarding the spill-over from Puchong into Cyberjaya, only
something positive can come of it. Give Cyberjaya a few more
years and you will definitely see it develop into something
better. One big driving factor is the Maju Expressway (MEX)
which provides the area with great accessibility.
As more facilities start operating in Cyberjaya, there will
definitely be an increase in migration there. One current
example would be all the big players in property developing
some kind of property in the area. Pair this with the extension
of the LRT lines in parts of Puchong and developers have all
the more reason to move into Cyberjaya in a bigger capacity.
Kevin Lim (KL): Puchong continues to offer good options for
development with key players such as IOI Group, Bukit Hitam
Development Sdn Bhd and Hap Seng Consolidated Berhad
still having new launches for freehold landed and high-rise
projects there. The ever-increasing appeal of Puchong,
evidenced by strong take-up rates of new launches, shows
the maturity of the township, thus drawing new residents
from surrounding areas.
This will inevitably expand its boundaries to the limit and spillover
into Cyberjaya, which is also experiencing a renaissance
of sorts in its property offerings. The LRT extension will
improve connectivity, raising its appeal even more. The spillover
will create stronger demand for Cyberjaya and grow
the population there, which has had challenges in drawing
residents in the past. This is further augmented by the
recent opening of shopping malls there to serve Cyberjaya’s
residents.
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