The Properties division recently launched the residential phase of its RM1.8 bil edusphere@Cyberjaya, an education city project, with all 352 units snapped up within hours.
The swift take-up was a repeat of the Group’s success in June 2017 where all 505 units of service apartments in its edusentral@Setia Alam project sold out hours after the launch.
The company attributes the popularity of these mixed development projects to the market’s growing confidence in the HCK Group as an emerging developer and the viability of its properties plus education model as a long-term investment.
Both “edusphere” and “edusentral” are part of the Group’s “edu-series” projects which contain residential, commercial and education components designed as a self-contained community. The Group’s other edu-series project is eduenclave in Ipoh.
HCK Capital Group Bhd’s Executive Chairman, Tan Sri Clement Hii who officiated the launching at the project’s sales gallery on site here said the market has been very receptive to the Group’s projects.
Edusphere includes the Cyberjaya University College of Medical Sciences (CUCMS), which will have a capacity of 12,000 students and will commence classes in the first quarter of 2018. The Group will lease the campus on a long-term basis to the university. The Multimedia University is also next to edusphere@Cyberjaya.
The project is on a 24-acre freehold land comprising six towers of service suites, an office tower and 66 units of retail shoplots, besides CUCMS. Today’s launch involves the first two of its six residential towers – Covington Suites and Foster Suites.
The units sell between RM272,000 and RM538,000, making the project one of the most competitively-priced in Cyberjaya. The project is easily accessible via the ELITE, LDP and MEX highways. It also comes with energy-saving features such as rainwater-harvesting system. Some of the units also have dual-key access to allow for multi-generational living.
Cyberjaya, envisioned as Malaysia’s Silicon Valley, received a boost when the government recently announced 11 multi-billion ringgit initiatives there, such as the Asian Big Data Centre; Regional Fintech Hub and the Blue Ocean Entrepreneur Township. Edusphere will also enjoy Internet speed of 1GBps.
Those interested can call 0378901313 for more info.
Group photo after the launch
Hot response from buyers
Visitors looking at the scale model